Economy running and what to do when supply is drying up the economics of stassi and we start with shortages of stuff what can you do if you cant find enough people to work for you these days even god is looking for stuff well at least the organizations doing gods business down here on earth the Catholic Church is having problems filling the ranks of the nuns we went to a convent and western germany that is struggling to stay afloat. This isnt just a place for christian reflection and prayer its also a business. The team is made up entirely of women. That benedictine nuns and they run the abbey. It receives no funding from the catholic. It has to pay its own way and there are all the risks. Right now its main problem is a staff shortage. Does help we dont have as many young sisters as we would like. 10 of the 27 nuns here 80 years old and theres only one novice in training nance dont pay into the state pension fund so they dont qualify for an old age pension. The idea has always been th
Lets get a check in on the markets. European equities are pretty flat. The stoxx 600 struggling for direction. You heard and the headlines, three key things we heard. The dovish message from Jerome Powell reiterated and we got better than expected data in terms of retail sales and factory output, pushing the 10 year yield up. It also pushed the dollar higher and we hold on to those gains. The question as whether President Trump can have the weaker dollar at the same time as a strong economy. And can he have gains in stocks as the same time as a trade war continues . As you made those comments, the s p 500 took a hit, dropping for the first time in six sessions. Coming up, we speak to the oecd secretarygeneral. Dont miss that interview live. Lets get bloomberg first workers. Word news. The u. S. House voted to condemn comments from donald trump that are racist. Week, he tweeted for congresswoman should quote go back to where they came from. Trump says he is not racist and does not have
That is hurting profits. David they were downing trading but they were expecting to be down in trading. Its all about net Interest Income. It sort of like wells fargo yesterday. More nettually Interest Income than last year that it was below what is expected so they are getting punched a little bit. David we will keep our ought alix we will keep our eyes out especially in that conference call. We are in a tight trading range. The tightest weve been in since nine days over the last week and a half or so. Eurodollar pretty much flat. In the 10of Movement Year as well. Crude up by 8 10 of 1 . I felt like a left and came back and everything was the same. Pretty much steady as she goes. David things will really happen now. Eddie 30 we will get used u. S. Housing starts at 8 30 we will get u. S. Housing starts. Facebook has it second day in congress on his liber proposal before the House Financial Services committee. At 12 30 we will hear from Esther George on the Economic Outlook. After the
Any background noise . Member, please mute their microphone. Going through documents and records please, email documents, im going to abbreviate my opening statement. I will put the full statement in the record given the fact that you probably cant hear me and understand me and im having trouble, you know, this is the second hearing, last hearing was in industries takeholders and we heard a distressing and serious gaps, shortages of several personnel, lack of even the most basic hygiene practices and a consensus among our witnesses that federal government needed to help the private sector which owns and operates 85 of the patients Critical Infrastructure to defend itself and respond to attacks. You know, the bill 3684 will provide funding at the local, state and federal level to enhance response to Cyber Security incidents. It improves the national highway system, other Transportation Systems, capabilities and established office of National Cyber directive to the principle advisory on
Any background noise . Member, please mute their microphone. Going through documents and records please, email documents, im going to abbreviate my opening statement. I will put the full statement in the record given the fact that you probably cant hear me and understand me and im having trouble, you know, this is the second hearing, last hearing was in industries takeholders and we heard a distressing and serious gaps, shortages of several personnel, lack of even the most basic hygiene practices and a consensus among our witnesses that federal government needed to help the private sector which owns and operates 85 of the patients Critical Infrastructure to defend itself and respond to attacks. You know, the bill 3684 will provide funding at the local, state and federal level to enhance response to Cyber Security incidents. It improves the national highway system, other Transportation Systems, capabilities and established office of National Cyber directive to the principle advisory on