A full 2 percent or we see the country by country projections also fell in line with the trends the Organization Also normally warned about the increasing risks of leverage corporate debt. And Major Players in finance are calling on the u. S. Federal reserve to create a standing means for intervening in money markets to the fed intervene for a 3rd straight day to inject 75000000000. 00 of liquidity in the early hours of thursday the fed again had to act to ease tightening and then over subscribed overnight option the market for repurchase agreements or the repo market is a core correcting mechanism of the modern Banking System in which banks finance their overnight credit needs on a daily basis the fed was forced to take action of the type not seen since the aftermath of the 2000 a Global Financial crisis or watch the federal funds rate which the fed is supposed to manage rise out of the feds target range and fundamentally undermine confidence in the feds ability to perform its primary
A lower level. All due respect we look at bias to the downsides and you know they meet trade its breaks it its Financial Markets it could be all crises just this year and g. D. P. Runs the risk of being one percent lower in china 3 quite a few Percentage Points lower in the u. S. And over oh for the where the about 0. 5 percent. The o. E. C. D. Outlook also found that a no deal exit for the u. K. From the European Union could reduce e. Q. Growth by half a percent and the word u. K. G. D. P. Growth by a full 2 percent a wee cd country by country projections also fell in line with the trends the Organization Also notably warned about the increasing risks of leverage corporate debt. And Major Players and finance are calling on the Us Federal Reserve to create a standing means for intervening in money markets after the fed intervene for a 3rd straight day to inject 75000000000. 00 of liquidity in the early hours of thursday the fed again had to act to ease tightening and then over subscrib
Effectively been steering opec policy in consultation with russia russia is not an opec member but is attending the meeting as part of the opec plus alliance irans oil minister hinted at some of the growing tensions around the cartels de facto Decision Making methods mr big john zangana a warned of what he called the problem of unilateral a zation and more gravely said opec quote has lost its authority and is on the verge of collapse. Oil prices are up as opec and its allies agree to extend supply cuts to at least the end of this year what could have been a hurdle in the decision on iran agreed to the production deal but the country has voiced concern over the current dynamics within opec alex mailed its joins us into war alex 1st of all tell us about this opec decision what do we need to know. Also a lot of what you mention is true when it comes to Decision Making here we look at saudi arabia as well as russia making decisions now that the decision was backed by iraq and also as you j
Effectively been steering opec policy in consultation with russia russia is not an opec member but is attending the meeting as part of the opec plus alliance or winds oil minister hinted at some of the growing tensions around the cartels de facto Decision Making methods mr big john zangana a warned of what he called the problem of unilateral a zation and more gravely said opec quote has lost its authority and is on the verge of collapse. Oil prices are up as opec and its allies agree to extend supply cuts to at least the end of this year what could have been a hurdle in the decision on iran agreed to the production deal but the country has voiced concern over the current dynamics within opec alex mailed its joins us in to watch alex 1st of all tell us about this opec decision what do we need to know. Also a lot of what you mentioned is true when it comes to Decision Making here we look at saudi arabia as well as russia making the decisions now that the decision was backed by iraq and a
A lot of what you mentioned is true when it comes to Decision Making here we look at saudi arabia as well as russia making the decisions now that the decision was backed by iraq and also as you just mentioned iran and they put their 0. 02 and they said you know were going to back this even if were not friends with saudi arabia this is something that we could definitely go for for the next 9 months or so busy and its just an extension of something thats been going on since 2017 we know that these cuts have been in place for quite a while now the prices Oil Prices Going up this actually gave a bit of a boost oil prices but not for long because theres other factors that are in play right now including the fact that the u. S. Is producing more oil than ever so it is theyre pumping it out more than anybody else and theyre not a part of opec as well as the fact that we still have that trade dispute going on between china and the u. S. Which of course production is down so people are using oi