96 in the last quarter. And the dangers lurking in the shadows. Described as a mirage built up on risks. Follow me on twitter. Hashtag there as well. Lets take a look at what is going on marketwise. A lot of fed talk going on. All of that muddying the waters. It is a lack of clarity. Some people have pointed out this was a clear lack of agreement on where we go from here. Will that lead to thinner liquidity when it comes to markets. Of course, just because there is no one trading potentially. The story across markets, stocks are mixed. Dollar is lower. Oil is on the way down as well. The rest of the commodities space is fairly mixed. You are looking at some of these emergingmarket stocks and they are saying overweight equities in the emerging market space. Singapore, watch out for inflation data, which comes out in about one hours time. Deflation is continuing. Talk in the currency markets. Have a look at this reversal. This time yesterday, Everything Else was falling against the u. S.
Coming up in moments. Sprint shares lower in premarket trading this morning. Wider than expected loss, lowering of guidance and loss of subscribers, plus job cuts. Shares of michael kors down premarket after Holiday Quarter guidance comes in below street expectations. Alibaba reporting quarterly profit 45 cents a share in line with estimates. Shares of alibaba have risen 50 since the september ipo. As we said, we are moments away from a live interview with alibabas executive vice chairman joe tsai. We are getting used to these metrics, gross merchandise volume, annual active buyers, and general, we are going to get to the interview right now. Lets do it. Joining us first on cnbc alibabas executive vice chairman joe tsai. Very nice to have you here after this first Quarterly Report as a public company. You guys have made a great deal with mobile in your remarks. In your slide presentations. Let me start there. Its grown to represent 35. 8 of gross merchandise value. Your take rate moved
Gasoline demand is down from its peak and is likely to decline even more as vehicle fleet becomes more efficient. In addition to this trend reversal, International Oil production is less concentrated. Opecs share of production is down from 53 to about 35 . The existence of all contracts on the futures markets development of benchmark crude oil pricing and the availability of basic data from eia created by congress in 1977 have all brought Greater Transparency to the oil markets. As described in my written statement, eia is actively pursuing a number of important initiatives related to the timeliness and detailed of oil market data. Id like to thank you for the opportunity to testify here today, and hope to be able to answer your questions. Thank you. Thank you very much. And our next witness is mr. Lucian pugliaresi, president of the Energy Policy research foundation, agile recognized for five minutes. Thank you, mr. Chairman. Be sure to microphone on. Next slide. What id like to do is
World is so poor, when just one week of military expenditure can bring all children to classrooms. I refuse to accept that all the laws and constitutions and police and judges, are unable to protect our children. I refuse to accept that the slavery can be stronger than freedom. I refuse to accept here. My only aim in life is that every child is free to be a child. Free to grow, free to eat, sleep, and see the light. Free to love and laugh and cry. Free to play and learn. Free to go to school. And tree to dream. I have the privilege of working with many courageous people, who have the same aim. We have never given up on any threat or attack, we will never. We have made progress in a couple of year, couple of decades. We have reduced the number of out of School Children by half. We have reduced the number of child laborers by a third. We have reduced child mortality, malnutrition, and we have prevented millions of child deaths. But let us make no mistake, the great challenges still remai
Obviously worked hard on welfare reform and adoption issues and trade issues, but at that time the Steering Committee was called committee on committees. You knew you were kind of in a government process. And it really is a campaign and its about the votes on that committee who determines who gets a seat on a Committee Like ways and means. So youre talking to every member on that committee and theres a particular member that i that really wasnt for me. And i just didnt know what to do and just sort out out of the blue i dialed president fords office in california. Had you met him . I wasnt sure he knew me. I certainly knew him. His secretary answered the phone and said, oh, congressman camp, hold, and he got on the phone and said, dave, how are you . Then he said, you know, i used to be a leader. Somebody owes me a favor and ill make a call, and he did, and that person came to me on the floor and said anybody who can get former president of the United States to call me im for. And so h