editorial report. we hook ahead to 2024 and a new set of challenges and opportunities for the country. i m edward lawrence in this week for paul gigot, and we begin with the u.s. economy which defied expectations in 2023 as inflation fell and recession fierce faded. now the santa claus rally in the stock market giving us another record close this week for the dow jones industrial average and the federal reserve signal rate hikes are done and cuts could be in store for 2024. let s bring in jason trennert, he s the chairman and ceo of strategists and investment strategy firm. jason, let s start overall here, we get this. you know, overall we get some the contrarians won in 2023. so people were projecting the most predictive recession in history, and it didn t happen. so is the recession then off the table for 2024? edward, it probably is. i will say that the recession didn t happen in 2023 partly because we ran a budget deficit of close to 6% of gdp, $2 trillion at full em
french police fired tear gas at climate protestors in the french capital paris outside french oil giant total energies general assembly meeting. hundreds of protesters gathered outside as they tried to stop the event from happening. images on social media show totalenergies shareholders and activists arguing before the event. the meeting started an hour ago, as shareholders have to vote on a motion in regards to the company s carbon emission. they plan to allocate a third of its investment to low carbon sources and reach 100 gigawatts of renewable by the 2030. but france s energy transmission minister has urged the company speed things up. but obligations are that it provides. it has come under fire for a pipeline project that activists say is threatened ecosystem. live now to manon aubry, a french european mp for the leftist party france unbowed, joining me now from paris. you joining me now from paris. were at that protest toi explain you were at that protest today. just ex
Hello, welcome. Israel has continued its airstrikes on several parts of the gaza strip even as it continues issuing controversial Evacuation Orders to palestinians. The Israeli Military said its troops had found many tunnels used by hamas at The Rafah Crossing into egypt. The Israel Defense forces have declared a narrow coastal strip at al mawasi to be a safe humanitarian zone, but the un says it has no Running Water or proper sanitation. Israel says that since monday, about 300 thousand palestinians have already fled rafah. The us is still urging israel not to mount a full scale assault on the city. And in the north there are evacuations in the city of jabalia as the idf says that it has been carrying out air strikes. It says hamas fighters are regrouping there. Meanwhile a top eu official, charles michel, has condemned israels Evacuation Orders, saying people are being directed towards unsafe areas. The Uk Foreign Office is investigating claims by hamas that a british israeli hostage
The Israel Defense forces have declared a narrow coastal strip at al mawasi to be a safe humanitarian zone, but the un says it has no Running Water or proper sanitation. Israel says that since monday, about 300 thousand palestinians have already fled rafah. The us is still urging israel not to mount a full scale assault on the city and today the un says a full scale offensive cannot take place. In the north there are evacuations in the city of jabalia as the idf says that it has been carrying out air strikes. It says hamas fighters are regrouping there. Meanwhile a top eu official, charles michel, has condemned israels evacuation orders, saying people are being directed towards unsafe areas. From jerusalem, paul adams reports. One by one, the people of rafah are leaving. Outlying parts of the city now all but deserted. I wasnt planning on going, hassan says, but since no one is left here, i decided to leave. I have to find out where my wife and daughter are. The un says 300,000 people