The white house wants to unveil it before the state of the union. Plans beforeo has the consumer conference in las vegas. Also, the 200 billion that are going to be from direct federal spending, we know from the white house infrastructure advisor, they are going to ask for money from existing federal accounts, and when you reach the 200 billion mark, that would incentivize 800 billion in privatesector funds. Now, that is a different debate whether or not you can reach that mark over 10 years. Also 25 billion will be allocated for rural projects. 3t is very difficult to get a p polling facility to be profitable along rural highways. Then you will have a real push on the part of the white house and the administration to streamline environmental for construction projects, these big Infrastructure Projects. The aim is to take it from 10 years down to two years. Critics will point out that is extremely difficult. You know, this is something that is extremely necessary for these major projec
And of them are a col this is al jazeera live from doha also coming up the book criticizing Donald Trumps first year in office goes on sale despite the white houses attempts to block it. The u. N. Says it will investigate an attack in the democratic republic of congo that killed fifteen of its peacekeepers last month. A push against intolerance how modern Office Exhibition in indonesia is challenging vising censorship. Is here is a counsellor held a special session on the recent protests in iran with the us accusing tatiana of stifling the voice of its people the members objected to the meeting insisting the council wasnt the place to discuss a countrys internal affairs mike hanna reports from the United Nations. There was animated debate in the Council Chamber before the discussions began their members taken aback by the lack of notice from the u. S. In calling for this public debate the u. S. Ambassador adamant that it was essential iran be called to account if the founding principle
House herech the live on cspan and the senate live on cspan two. Light monday night on the communicators, where on location in bell labs. It is one of the premier Communication Research facilities in the world, providing work in lasers. The president discusses what is new in communications technology. We are presented with a ton of data but not necessarily knowledge. In the next era, we will collect everything in your environment infrastructure, buildings, cities and automate that. Your energy will be automatically managed for you. All of that requires a change in networks. The cloud has to move into the network to accommodate that. The network will become valued again and devices will be everywhere on you, in you, in your devices. Watch the communicators monday night at eight eastern on cspan two. Next, a look at infrastructure needs in the u. S. And how congress and the Trump Administration may approach federal funding for future projects. From washington journal, this is an hour and
Interviews coming up over the next couple hours. Have ago. Francine we have a lot of earnings. Descalzi,o, claudio about 10 minutes from now. Accors ceo will talk to us at about 10 30. Stay tuned for all of this. Manus shell is cutting 6. 5 thousand jobs, reducing investment by 7 billion. This comes as the slump in crude oil prices continues to take its toll. Francine the company is planning for a prolonged downturn despite an earnings beat, reporting a secondquarter profit of 3. 8 billion. What the oilws price is going to be. It will depend on how demand will grow for oil, how supply will shrink. Run, weve in the long will see Oil Prices Back into the 70 and 90 range. Manus lets speak to bloombergs chief energy correspondent, javier blas. Protecting the dividend, cuts, what did you make . Have you main take away is a change of language. Three months ago, it was about going back to 90 in three years. Now they say, todays oil price will last for several years. It is a significant change
About it in a second. Maybe you have an answer. Joe is here. Stephanie link, barbara. Did you hear what they told me . Its pronounced like duran duran. Thats my that might be a little after my time. They different than the beegees. Senior Portfolio Manager with new york bridge partners. This is a pleasure from las vegas. Kevin oleary. O shares chairman and halftime have you gotten any sleep at all . Are you coming straight in here, kevin, or are you well rested . Im well rested. I got in from rome last night, and i spept tnt the debates and whole lot of time in zurich and geneva. Very interesting. I want to ask you about cuban and what you say to each other off camera. I dont know whether thats whether we can do that or not. You think about that. For more on the sector rotation going on in the markets right now, lets bring in cnbcs senior markets commentator, Mike Santolli live from the new york stock exchange. Hello again, mike. Ive heard some of your thoughts on this already. You hav