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Will stay at lower levels. it is important to note that the world was short of oil even before the invasion. supply has been demand has been very strong as people get back to driving and going about their business. so it is unlikely you will see oil prices go back to where they were a year ago. they certainly should come down to where they are today, if oil prices in the market stay where they are. remember, with oil prices being as low as they are in the world market today suggests that russian crude is getting into the world market because it is essential to maintaining price stability in the world market. how long that goes on for and what the west chooses to do with russian oil, we have banned it. nobody else has banned it yet. we will have to see what else happens with russian oil and the impact it has on prices going forward. steve rattner, thank you very much as always. we appreciate it. still ahead, putin s war in ....
Beat them while if the market stay as buoyant as they have been there can rattle probably be thirsty thursday there in frankfurt thank you very much indeed. well here in germany was still waiting for the formation of a new government following last month s federal elections amrita is tracking the progress that s right had an. american has had talks with potential coalition partners nearly a month after the country s election the bosses say their first meeting ended on a positive note and they come across right across the political spectrum and i do largely very far apart which means these negotiations are expected to be long and hard. black yellow and green for now the colors of the jamaican flag are just hot air on the banks of the river. but exploratory talks are underway chancellor merkel s conservative c.d.u. and see as you first met with the business friendly f.t.p. party and later with the environmentalist greens the jamaica coalition would be an ....
His stomach sandra: on the business side, it s making them more competitive. harris: businesses know they re going to have that kind of a rate that we ve been talking about for over a decade, the dramatic decrease down to 15%, they don t have to do the psychological and intellectual gymnastics to try to get the numbers right. i think it simplifies it for everybody all around. i also think it s a good place to start because you ve been saying since the beginning of the year, one is the style reaction going to even out? of the policy supports that, the market stay stronger. sandra: interesting you say that when the dow is up 238 points. we saw the stock market rise from election day on. look at us today, sitting above 21,000 on the dow and anticipation of the tax reform. john: which is why he needs to deliver. ....
could make or break the debt crisis and i know you re saying i ve heard this before. but here is the deal today. lawmakers are not mincing words. less than five days to raise the debt ceiling or risk defaulting on government bills. today the house is due to vote on speaker john boehner s plan. as his own party holds the majority of votes he is really getting frustrated with the divisions that threaten its passage. in a closed door meeting, boehner actually told the feuding republicans, quote, get your ass in line. then veteran senator john mccain who blasted republicans quoting an article owe tea party hobbits. joe, let s begin with you. boehner not too happy obviously. first you have the president that storms out of a meeting weeks ago. now you got boehner using a harsh word, shall shall we say, to try to get the votes to win the house. reporter: yeah. you know, this is a very high-stakes game. and it s, obviously, the most important point. in speaker boehner s spea ....