hello, everyone, i amwith kennedy, along with jessica tarlov, katie pavlich, and big jim fail out, it s 5:00 in new york city, and this is the five. give us your poor, your tired, and your federal money, the leaders of three sanctuary cities areng begging president biden to shower themts with some cold hard taxpayer-funded cash.h as and they wind their hearts out over the big bad texas governor busting illegals to their doorsteps.rnoreps. we cannot continue to do the federal government s job, the federal government must take responsibility and lead on this humanitarian crisis, instead ofi leaving itng for cities and localities to handle. we need thee federal government to lean in, and provide more financial assistance. all of our cities have reached a point where we are either at constant capacity or nearly out erelof her room. we need more federal support toor be able to manage this amot of inflow. it will crush city budgetslook across the country. looking at $160
through those routes. 0vernight, oil prices dipped, but will it last? for a closer look at the energy markets, let s speak to rebecca babin. she is a senior energy trader at cibc private wealth. great to have you on the programme. how much other concern is this price rise? 50 how much other concern is this price rise? ~ how much other concern is this price rise? ~ , . rise? so i think the concern right now is really rise? so i think the concern right now is really kind rise? so i think the concern right now is really kind of now is really kind of concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal, what it is concerned with right now and the reason it has risen 6%, is because the shipping costs associated with travelling around the southern tip of africa to reach its destination as around 15 days of travel time. it increases freight costs. and it has inc
here is the news from karishma patel. the government says it s taking action to tackle teenage vaping in england. the prime minister has pledged to close a loophole which allows retailers to give children free samples even though it is illegal to sell to them. russia has accused ukraine of launching drone attacks on moscow. the defence ministry says eight drones reach the capital. officials report minor damage to buildings on the strong swallow overnight attack on kyiv in which one person are said to have been killed. the government has until this afternoon to hand over more documents from boris johnson relating to the covid inquiry orface johnson relating to the covid inquiry or face prosecution. johnson relating to the covid inquiry orface prosecution. the inquiry orface prosecution. the inquiry wants to see unredacted messages but the cabinet office says some of the material demanded is irrelevant. a former top chinese government scientist has told the bbc the possibility
think? that is what we are doing. in other news, here is the news with. train drivers who are members of the aslef union are on strike today. 15 train companies are affected with some operators running no services at all. it s the first of three rail strikes this week, with further action on friday and saturday. one of the pioneers of artificial intelligence says regulation of the technology needs to be ramped up . professor yoshua bengio says his feelings about al are similar to how scientists felt about the development of the atom bomb. parents on universal credit will be able to claim hundreds more to cover childcare costs from the end of next month. the government announced in spring that people with one child would be able to getjust over £950 while those with two or more children could get up to £1630. officials in southern russia say a drone has hit an oil refinery a day after an attack on moscow. vladimir putin yesterday accused ukraine of trying to fri
i think the concern right now is really kind of concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal. what it is concerned with right now and the reason it has risen 6% is because the shipping costs associated with travelling around the southern tip of africa to reach its destination adds around 15 days of travel time. it increases freight costs. and it has increased insurance costs. so that is what the market is pricing and looking at this point. the market has not entered a panic mode, as we ve seen in the past with other geopolitical events, where it starts to price in supply is lost from the market. right now, it is a logistical re routing, what we are seeing, and not kind of that panic and fear that we are going to lose barrels. that obviously can change very rapidly, and we have seen that obviously can change very rapidly. the venezuelan president nicola