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if you have just joined if you havejustjoined us, good to have you with us. we begin with the soaring cost of energy. as governments and central banks grapple with rising inflation and a cost of living crisis, the world s biggest oil company announces record breaking profits. the saudi oil company aramco revealed it made more than $48 billion in profits in the second quarter of this year. the eye watering sum marks a 90% year on year increase and the biggestjump in earnings for the world s largest energy exporter since its public listing three years ago. but what is the outlook for oil prices this year and beyond? the war in ukraine caused a significant spike in the price of energy worldwide prices have come off the highs reached earlier this year and now with fears of recession on the horizon in europe and other key economies globally, there are differing views out there as to where the price of the oil is headed. let s talk this through with craig erlam senior mar ....
momentous wednesday night from nashville. this is a live look where soon president biden will try to convince the american people that his meeting today with communist dictator xi jinping is the beginning of something really beautiful. now think about it. president xi rules over what, 1.3 billion chinese through a relentless campaign of fear and oppr oppression. but we re supposed to believe he is someone we can trust as america gradually gives up their leverage. he is someone we can do business with. now after spending glorious moments with joe biden, hes that he s going to pull all that back. what a guy. well, we know big business is going to go for all this nonsense, but will america? joining me is trace gallagher, host of fox news at night, what are we learning tonight? we ll get to those items in a minute. the meeting lasted four hours between president biden and president xi. we know the four-hour point, they took a walk in the garden outside of the venue in w ....
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