After the ecb announcement and it has been quite choppy in the u. S. , equities are now lower. All three indices are down. The dow and s p down by. 4 , nasdaq down. 1 . The 10year yield at 70 basis points. Little movement but enough to show there is some kind of reaction. The euro continuing to strengthen. Above 118. We will stay on the euro. Surgeine lagarde say the in currency must be monitored. That only called for the european to strengthen further. Our first guest is lena komileva. A lot to unpack out of the meeting but how is the european economy doing . Economy wasropean recovering quite strongly from the effect of the lockdowns. It is the balance effective switching on and switching off and on an entire continent. Whilst important is that a lot of the conversation is about the top figures, which did recover quite strongly in the early months after the lockdowns, we had quite a great divergence between the sectors. Those most affected by social distancing are lagging behind but
Family town, a great school. Say its close to everything. My family is all out there in the area. And we, we were happy with the most painful things to watch your kids stuff. So i had to really dive in there and try to figure out to, because it was just mystery together. The we turn now to the latest and once being cool, the nations biggest Environmental Design systems to be p. Boyles. Today is day 84. 00 of a runaway natural gas leak above los angeles. Thats it may take more than a 116000000. 00 pounds of leasing the we have a history of multiple legacy oil and gas might be the largest, the all over the world. We have an enormous number of the band and oil and gas wells have literally millions of them. The methane is a dangerous Greenhouse Gas. It seeps on notice out of a band and oil wells. And as an environmental time bomb the this is very much a scandal for 13 years. Im missing something leaking from the wow. Theres definitely so theres happens. And so its like a ticking time bomb.
Letsthings first, quickly check on your markets. First of all, i wanted to have a look at the yuan, this is on the back of what we heard from china. Stocks in europe in to be drifting sideways a touch. I think investors are trying to figure out what the next catalyst is. Draghi is due to speak today. And then, the independence claim is tomorrow. N, that thats the bloomberg dollar index, up a touch. Heres nejra cehic. Reporter donald trump claims tax reforms would be worth 4000 a year for the average american household. He asked for help so he could give the country the best christmas president of all. Today are business tax rate is 50 higher than our average economic competitor. This is a giant selfinflicted economic wound. Reporter the u. S. President has said he plans to choose from amongst five finalists to be the next Federal Reserve chairman and will make his choice soon, before he leaves for his 11 day trip on november 1. With canadawound up and mexico rejecting what they see as
The dow and s p 500 and nasdaq all lower. Weve had a moderation of the declines, going back toward the lows. The dow down. 5 . The Philadelphia Semiconductor index underperforming a bit more. Wobbliness fore stocks globally must certainly seeing it in the u. S. This follows a pullback for highyield credit as well. We are seeing risk off and they in the haven assets. Bonds are trading higher. The yen gaining by. 4 against the dollar. Oil is considered a riskier growth asset. Down for a second day in a row. Up 8 . Last week, we had big declines in bitcoin. Lets go into the bloomberg and take a look at the stocks. While we have weakness for the chip today, on the quarter, its a different story. The Philadelphia Semiconductor index in white outperforming the dow and nasdaq in purple and orange. Take a look at the biotech index in blue. Down for the First Quarter in several. We had a bear market in 2015. Movers, some of the chip helping the stocks. Logic, applerrus suppliers falling after t
For international peace. We are trying to show you as much as we can before things get started. [inaudible conversations] [inaudible conversations] ladies and gentlemen, thank you very much for coming. First of all we are into the season where the city tends to empty out, so we are all delighted that you are here to discuss a problem that, you know, is arguably as important in the us as it is around the world where we will focus on it. Lets me briefly introduce myself and who will be conversing with today. Im sarah cheneys. Simon is going to kick us off, simon taylor who is one of the founders of Global Witness, which is in my view one of the most innovative and effective organizations working in the space around the world and its very interestingly combined with advocacy with extremelyadvo regressed investigations and thats one of the things we will talk about today is a recent report by Global Witness about shells activities in nigeria. He also helped galvanize the coalition of Civil