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I would like to thank all the viewers who follow us on the news network, thank you and thank you for being with the economic desk. You must have heard from the news that you have heard these days that the seventh plan of the seventh fiveyear plan is being reviewed in the islamic council, especially the program of the economic desk. It is dedicated, we will try to review it on different days in the seventh program. Today we want to talk about the banks. The latest news that came today is that in the part of reforming the Banking System, it is recorded that all the properties and independent properties of the banks will be in one single system and efforts should be made to ensure that in the 5year plan of the banks from bungahdari something that we know a lot about these days, we hear that they should stay away, but lets check and see how our situation is in the field of banking and controlling inflation and banking and so on. If we ....
, for example, radio and television, media facilities that they have, or the facilities of other material physical facilities that, for example, the devices can be found in the authority of the representatives is to set a list of it at their disposal the working group will make the list available to the candidates and make quotas in a fair way so that the election candidates of the Islamic Council can get equal and fair access to public facilities at a level that does not create a new financial burden and at the same time mr. Bahadari jahrami also gave the news that the government has passed a resolution to support the less fortunate people of the lower strata to complete the gas supply network. Studies take money and with the special support that the government decided in the 5 provinces of sistan baluchistan, khuzestan, kerman and kohkeli rahmat, the government can enable these four provinces, these four provinces, their villag ....
If you take a look at the , you will see that Information Technology is one of the groups that is participating in the rally. Tech is coming back today. Banks are coming back today, as well. We do have to mention what is going on with oil as well. Because we had the big overnight move upward in oil prices on the news that saudi arabia and russia had agreed to Freeze Oil Production but then disappointment as that was all they agreed to do. We started to see oil move downward. We are lower on the day. Oil drillers are lower today. We did have wells fargo cutting earnings estimates for many of the Drilling Companies and cutting production targets overall for the industry. We had yet another driller claim bankruptcy. All of that is putting the pressure on and this is one of the groups that is not participa ....
From london. Im francine lacqua. We are getting news from the i. E. A. Theyre talking about supply and demand and the price of oil. They think price of oil may have bottomed. It was only a couple weeks ago we heard russia and saudi arabia agreeing that they will not put siad they would not add production. Opec output has fallen. They say, the headline out of this is that the oil price, they believe, may have bottomed as high cost producers have been shut out of the markets. Lets check in on the markets. Its all to do with what draghi said yesterday. Banks leading the charge. The european stocks still retain some of their strength, 17 . 7 . That crude is still a little bit higher for brent. I. E. A. Saying that Oil Prices May have bottomed. Lets get straight to bloomberg first word news. Yuan has henshore raced its decline for the year after the central bank raised its reference rate by the most in four months. The australian and n ....
Saying all republicans are doing and look at this. Obama advisor Valerie Jarrett on her own desk. Get ready, two hours of Stuart Varney starts right now. Lets get right to. Checkable board. Lets check the big board. The s p is in record territory. Up fractionally but still in the green, that ten year yield back around and 2. 6, right there a three basis points. Jpmorgan chase Ceo Jamie Dimon announced diagnosis of wrote cancer but the condition is quote a curable. Those shares are fractionally off 1 . The rumor is they may take themselves private. There have been rumors for three years. Netflix continues on a roll. Another new high. Lets go to the Stock Exchange. Nicole look at netflix today. New highs, 475. 87, down slightly lower after hitting that record high bu ....