Very comfortable weather out there. Now, what is happening its not quiet warm everywhere. Temperatures will slowly begin to warm up but stuck in the sea breeze south along delaware beaches, temperatures barely above 60 degrees. Up to Cape May County mid to upper 60s but its been stuck there all day. Water temperature this time of year only in the upper 50s. You get that wind coming off the ocean keeps the temperatures right along the coast down. 63 in brigantine. 60 in Atlantic City. Again that is right along the coast. Here are the temperatures inland up to 70 in philadelphia. Continuing to jump up and up here this is our warming trend beginning very low humidity overnight tonight it will be nice and calm not quite as cool. You see the skies are clear. And we talk about this low humidity the dew point into the 60s it feels muggy. When its in the 20s very very dry. So skies are clear and its very comfortable out there right now. Temperature just hit 70 maybe climbing a degree or two mo
Im talking about falling prices. Ofs underlying story disinflation tells you the challenge the ecb has got, the dilemma they face. You have the likes of france, could be falling into recession. We are not just talking about this rift anymore. The ecb needs to do more. You look at all of these kind of numbers, they are not painting a positive picture. If the ecbs mandate is inflation, than it needs to take further policy action. Lets talk about a forecast. Next year, inflation running at 4. 1 . That is well below their 2. 1 inflation target. 2015 forecast, that is important. Everyone response to that is, what is an extended period of time . You have to look at the forecast to gauge. They tell us there is no north south divide. You only have to listen to the do voices coming out of the ecb right now. They all have a different view. The likes of the german central , they seem to be a theirre hawkish because respective countries are doing a lot better than the likes of the greeses and cypr
We are natural partners. Decides United States to other countries work closely with the vatican . Yes, peter. 179 countries have diplomatic relations and 30 of them are islamic countries. What kind of work today due . Well the islamic countries any of them are trying to work with the oecg promote interreligious dialogue and find solutions to radical islam. Many of the secular European Countries are historic monarchies and have had relationship with the holy c or centuries. The latin america, a strong number of catholics in america and the intense social issues in the church deeply involved in is a very strong relationship. In your view ambassador renny has the vatican ever overstepped its bounds as a religious organization into the political . Well, i probably shouldnt answer some of the issues that came up in the two bush campaigns in United States that were highly controversial about the intersection of the elegy in politics. My focus is the diplomat is to show how the oecg and inter
1960s, low tax, booming Economic Growth, a democratic president cutting taxes, family formation through the roof postwar. The motivation for work, while it was noble to make a good jet engine for ge, noble to make good soap, most of the people who went to work went to work because of what happened at 6 00 at night. They brought home a paycheck to a spouse, to a family and they viewed their lives and their work lives as serving these almost hired guns, maybe hired guns of family, of church, of community. I think when a community lacks this kind of broad resilience we have communities in the country where the single motherhood, are they out of wedlock, birth ray te is 70 pl, it becomes inspiration and motivation. While we do noble things at work, i think the tradition is what i get is my other life, what i bring home. Theres deficits there tied to culture to Economic Opportunity. You mentioned the communities and what ties communities together. I think one thing that has been in the news
Has been a bit of a nailbiter. Shares off 5. 4 . Busy, that is what eads has been. Airbus is the name we all recognize from january. A big focus will be on the commercial aviation. We get to speak to the big man today. That is at 10 00 london time. Holdings. Eye on arm we know that it designs chips. It could be dependent on more from google. Google gets most of its chips from intel, known as the for ari of chipmakers. They could be less dependent on intel Going Forward if it starts to make its own processes. That any news breaking could be boding well for arm in the future. Term, this is great news. Thank you. A lot of corporate news. ,e have the u. S. Budget deal something less to worry about for the markets. What else are we watching . We are going to talk a little bit about housing in the u. K. Things are getting better, as if we did not know. Taper looks as if it might take a backseat today. Probability that the taper will hit the markets in december. When you look at these equity