Their homework and they sense that they can write out a price war much better than the very over leveraged you know 50000000000. 00. Budget constraint to saudi arabia that needs 83. 00 a barrel of oil in order to balance its budgets as well as fund its longer term visions of getting off of oil and expanding its economy under the vision of mohamed bin solomon so its really people have to look at this as a sense of it these are not just necessarily coincidences in my point of view because the ruble was strengthening last year russia has been on a d. Dollarization platform in order to diversify away from dollar reliance in part to fight sanctions thrown against it as well as its partners but also to strengthen its own ambitions to have its currency the currency of its allies really rival if not travel. Its the 47 year old petro Dollar Standard which is the effective monopoly globally with regard to oil or gas pricing so theres a lot of you know its a game of chicken really behind the scen
The president pro tempore the senate will come to order. Todays opening prayer will be offered by monsignor anthony j. Marcaccio, pastor of st. Pius the tenth from greensboro, north carolina. The guest chaplain let us pray. Blessed are you, lord god, of all creation. You are the gifter of ever good gift, of life and liberty, of peace and prosperity, of wisdom, understanding, and right judgment. We ask that in your divine mercy you would bless our republic and in a special way the work of our senators, that they may discern all that is true, all that is honorable, all that is right, all that is excellent and worthy of praise for our nation. In this moment, make us mindful of all that has brought us together as a country and how it foster passes that which can divide us. So when all is deliberated and done here, we may be preserved as one nation under god. Amen and amen. The president pro tempore please join me in reciting the pledge of allegiance to our flag. I pledge allegiance to the
Anna not enough progress. E. U. Ound surges as negotiators warned that the brexit plan is not good enough yet. The Prime Minister says there is a way forward. One. S unfazed by phase a partial trade deal lifts Global Equities but weaker export data highlights a risk of a full agreement if a full agreement is not reached. Bloomberg learns volkswagen is assessing options for its supercar brand including either a sale or stop listing. Such moves are unfounded, they say. There are no such plans. We are less than a half hour from the european open. Matt a lamborghini roadster joining into our offices in new york city. Lets look at the markets now. We have gold. I am looking at gold, trading at 1488. Gold has come down recently. S concern has we get the as we get the handshake deal over trade. Issues for Global Growth. Lets take a look at what we have going on in terms of futures here across europe. You have ftse futures gaining but dax futures and cac futures down. Continental futures off.
Announcer two democratic president ial candidates robert f. Kennedy, jr. And Marianne Williamson stop by the iowa state fair to speak at the Des Moines Register political soapbox event. They talk about their campaigns at what they would do if elected. This is about 45 minutes. We at the Des Moines Register believe in the power of civil discourse. We ask you to practice the best of iowa nice and please let our speaker have his say without interruption. And if you happen to bring a sign, please keep it down so that people behind you can see the speaker. Our next speaker is robert f. Kennedy junior. [cheering] [chanting bobby] mr kennedy is an author and attorney whos been focused on environmental causes and childrens welfare. Hes a founder of Waterkeeper Alliance and a founder of the Childrens Health defense and now hes running for the democratic nomination for the presidency. Please welcome Bobby Kennedy to the soapbox. [cheering] thanks a lot, Des Moines Register, and thank you so much
Minutes. We at the Des Moines Register believe in the power of civil discourse. We ask you to practice the best of iowa nice and please let our speaker have his say without interruption. And if you happen to bring a sign, please keep it down so that people behind you can see the speaker. Our next speaker is robert f. Kennedy junior. [cheering] [chanting bobby] mr kennedy is an author and attorney whos been focused on environmental causes and childrens welfare. Hes a founder of Waterkeeper Alliance and a founder of the Childrens Health defense and now hes running for the democratic nomination for the presidency. Please welcome Bobby Kennedy to the soapbox. [cheering] thanks a lot, Des Moines Register, and thank you so much to all of you for coming out here today when i did my announcement speech in boston a couple of months ago, i talked about how my purpose in running was to challenge the corrupt merger of state and corporate power, which was strip mining the American People and destro