Running a little over three and most people now expect and hope it will lead to lower so that is the expectation. I think we are at the point now where it really take a shockingly bad inflationary report to set the fed off this path. Even an ok number will probably still have them cutting in september. Cost of living is a persistent issue for us consumers even though official data says inflation is slowing, jobs are created and wages seem to be going higher. Why is such a mismatch . This is one of the hard things to unravel. I think it comes down to the technical thing about, sure, the rate at which prices are going up has slowed, that is the inflation rate, but prices are still high. When you look at us economic data, normally when it is is lowered is now, it is still low and wages are going up and people are usually much happier when asked in previous cycles and they are now and i think it is still the idea that prices are still high even if they are not coming up at the rate that th
The Oil Leaking into the market is probably then gets counted so probably escalation could have gone even higher. I think there is more oilflowing into the market than gets counted. The second important factor, we saw this in earnings is what i would call downstream of the new upstream for the middle east. They have commissioned big refineries, almost plus 2 Million barrels capacities. They are putting almost 1. 5 million barrels more product into the market, which in my view is effectively sending prudent to the rest of the world, so they keep the Oil Prices from rising high. I guess the high Oil Prices is also not good in 0pec Side of unity because then it would start a bit of Non Compliance and other things start happening, so i would say 80 90, more than the price of the price of the market, that is what 0pec is targeting. Speaking of opec, they have lowered their outlook, softer expectations for Oil Demand coming up from china. What is your outlook on that front . I would say that
Others, like 64 year old anna, have decided to try and stay and protect their properties. Translation early in the morning, we were constantly receiving messages telling us to evacuate. We were terrified. We thought the fire would go elsewhere, but suddenly it came to our homes. We panicked and evacuated then, but now weve returned to save whatever we can. Greece has just experienced its hottestjune and july on record, with strong winds helping the flames spread. Translation The Feeling was scary to see Everything Translation The Feeling was scary to see Everything Go translation The Feeling was scary to see Everything Go up translation The Feeling was scary to see Everything Go up in translation The Feeling was scary to see Everything Go up in Smoke Translation The Feeling was scary| to see Everything Go Up In Smoke and to see Everything Go Up In Smoke and to see Everything Go Up In Smoke and to see the final pass through and not be able to do anything. The authorities have been tryin
Dangerous over the next few days, but a drop in winds offers hope. The main fire that was threatening athens has broken out into different hotspots now. Joe inwood reports. Sometimes, faced with flames reaching up to 25m high, all you can do is stand and watch. But thousands have fled the wildfires that have now reached the outskirts of athens. Others, like 64 year old anna, have decided to try and stay and protect their properties. Translation early in the morning, we were constantly receiving messages telling us to evacuate. We were terrified. We thought the fire would go elsewhere, but suddenly it came to our homes. We panicked and evacuated then, but now weve returned to save whatever we can. Greece has just experienced its hottestjune and july on record, with strong winds helping the flames spread. Translation the feeling was scary| to see everything go Up In Smoke and to see the fire pass through and not be able to do anything. The authorities have been trying to beat them back,
Barnaby webber s mother says the report shows gross systemic failings. Its so clear that there are so many missed opportunities, so much bad decision making. I would say its inevitable that had people done theirjobs properly at numerous different stages, not even just all of them, even just one, then theres a very strong Chance Barnaby would be alive today. The Care Quality Commission says over the two Years Calocane was in the care of nottinghamshire mental Health Services there were difficulties getting him to take his medication, his aggression was increasing when he was unwell. In the community, he missed appointments and when he was discharged back to his gp in September 2022, the risks werent considered properly. While it is not possible to say that the devastating events of last year would not have taken place had Valdo Calocane received that support, what is clear is that the risk he presented to the public was not managed well and those opportunities to mitigate that risk were