Dont invite me to anything like that. Thanks a lot. Good afternoon, im charles payne. This is making money. Breaking right now, oil, that is the big news today, folks, it is surging nearing major breakout points after saudi arabia and russia both extended production cuts. Move over gadot as the you have company. The recession watch gets older and older, finally some of the smartest folks in the street are throwing in the towel. Some brilliant folks saying nope, stick with the recession call. It will happen. They will explain it. Guess what the megacaps are hanging in. They have become the new safe havens. Should you be seeking shelter there . We have a great lineup with strong ideas and great strategies four. Plus how does a peacetime economy have 2 trillion it deficit spending . Joe lavorgna is here to figure that out. Politicians, economists stop lumping struggling americans with wealthy folks saying the economy is humming along because it is not. A very special guest with us, and al
Does that mean for the stock market route . Shanghai we saw off by 3 . Japan held onto its record stimulus downwardly trending its forecast for inflation at 1. 9 rather than 2 . A little bit of caution happening in asia. In the european trading we are seeing a flat day. Germany opens flat. I think it is all about those talks that will happen in greece. Alexis tsipras says they need more debt relief beyond what the creditors have thought, will he manage to pass through what the creditors are demanding. That will likely happen at 6 00 p. M. Tonight in greece. You will see me out there tomorrow. The eurodollar is trading basically flat. Oil is flat as well. 53 at the moment. People are paring back their ideas on what to produce over the next 12 months. Will the deal that was struck with iran get to congress. Money going out of the germany, they are selling debt today. We are seeing borrowing costs coming down. Yields coming down on the 10 year from the twoyear, a little more risk aversion
The refugees are too scared to leave because of previous attacks from locals thats all from that counting the cost is up next season. If you are President Donald Trump first visit to asia the goal is to forge relations and strengthen the resolve to confront the threat from north korea but what impact could this visit really have well be live across asia to bring you the very latest coverage here on aljazeera. Hello im has a seeker this is counting the cost on aljazeera your weekly look at the world of business and economics this week twenty thirty and beyond we take a look at saudi arabias vision for economic reform starting with iran code also this week time for a rise Britain Central Bank hikes Interest Rates for the first time in ten years. Turkeys economy is on the arc but there are challenges ahead well bring you a special report from istanbul. The gulf nations need to branch out and kick their Oil Dependency diversify says the International Monetary fund that warning comes a saud
Underway in milan to address this global problem. Those are the headlines the news continues right here on aljazeera after counting the cost keep it or. Germany is hosting this years climate talks from the United States out of the cars agreement what now for the global effort to tackle Climate Change the fanaticism live reports from the Climate Conference in bonn and from the frontlines of Global Warming climate so where does iraq. Hello im has im seeking this is counting the cost on aljazeera your weekly look at the world of business and economics this week twenty thirty and beyond we take a look at saudi arabias vision for economic reform starting with. Also this week time for a rise Britain Central Bank hikes Interest Rates for the first time in. Turkeys economy is on the up but there are challenges ahead well bring you a special report from istanbul. The gulf nations need to branch out and kick their Oil Dependency diversify says the International Monetary fund that warning comes a
Rebels far a message which is intercepted over saudi arabias capital plus that the road to the top is a steady march poverty some women and children. Tensions with north korea top the agenda as donald trump lands in japan to begin his twelve day asian tour also. Well take you to hear on the home town of sac capital and lead that call is put him on where politics took a backseat to tradition. We begin with two major stories out of the kingdom of saudi arabia at least eleven princes and dozens of former ministers have been arrested on corruption charges two ministers and the head of the navy have been removed from their positions and the saudi military has shot down a long range Ballistic Missile over riad fired from yemen who the rebels say they are behind the missile attack maybe on a honda has more. Its not the first time who the rebels have fired long range missiles across the border at saudi arabia but this missile appears to have travelled the furthest hundreds of kilometers deep i