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stress test showed they have enough capital to weather a severe economic slump. they have more than $100 billion in assets each. the results are a vote of confidence for the financial sector after the collapse of the silicon valley bank earlier this year. elsewhere in the united states, presidentjoe biden has vowed to restore the american dream, in a speech promoted his so called bidenomics policy. michelle fleury reports from new york. michelle fleury reports from new york- michelle fleury reports from new york. , ., ., new york. joe biden went on the road to make new york. joe biden went on the road to make his new york. joe biden went on the road to make his pitch new york. joe biden went on the road to make his pitch to - road to make his pitch to sceptical americans. the president sceptical americans. the president outlined - sceptical americans. the president outlined his i sceptical americans. the president outlined his economic vision for the future, ....
editor faisal islam. this is clearly a mess but the expectation in financial circles is that shareholders will provide the funds to keep thames water going. but the question is how did this come about in an industry that should be so simple, providing a product that everybody needs, and provided the monopolies of several million customers with no competition. and the answer is in hugely complicated structures, huge debts, and lots of regulation. the boss of thames water, sarah bentley, abruptly stood down on tuesday. she was battling to turn around the company after a legacy of under investment. let s discuss what s at stake with dr kate bayliss from the centre for water and development at soas university in london. thank you for being on the programme. faisal islam there talking and touching on some of theissues talking and touching on some of the issues why thames water is where it is. can you elaborate on that, please? on that, please? yes, well, thames on that, p ....
Stress test showed they have enough capital to weather a severe economic slump. they have more than $100 billion in assets each. the results are a vote of confidence for the financial sector after the collapse of the silicon valley bank earlier this year. elsewhere in the united states, presidentjoe biden has vowed to restore the american dream, in a speech promoted his so called bidenomics policy. michelle fleury reports from new york. michelle fleury reports from new york- michelle fleury reports from new york. , ., ., new york. joe biden went on the road to make new york. joe biden went on the road to make his new york. joe biden went on the road to make his pitch new york. joe biden went on the road to make his pitch to - road to make his pitch to sceptical americans. the president sceptical americans. the president outlined - sceptical americans. the president outlined his i sceptical americans. the president outlined his economic vision for the future, and laid out how ....
Not tojust have design something different and not to just have one and the same. not to ust have one and the same. ~ same. all right. we will probably same. all right. we will probably talk same. all right. we will probably talk to - same. all right. we will probably talk to you - same. all right. we will i probably talk to you again. same. all right. we will - probably talk to you again. you for getting up so early, bidenomics therefore the centre of water and development at sowers university. to the us now, where president biden has been promoting his economic policies in a speech in chicago. he has hailed bidenomics as a plan to restore the american dream and break with republican thinking that favours tax cuts for the rich. he s trying to appeal to the working and middle class voters who are vital for his hopes of re election in 202a. but critics have accused biden s multi billion dollar spending plans of fuelling inflation and polls show many are unhappy with his handl ....
President. that is michelle fleury. dan kemp is global chief investment officer at morningstar investment management. good morning to you. it is a big gamble, isn t it, a lot can happen between now and november of next year when americans go to the polls in the fed is saying it may increase interest rates a few more times.- rates a few more times. well, hello, sally. rates a few more times. well, hello, sally, you are right. - rates a few more times. well, hello, sally, you are right. it. hello, sally, you are right. it is a big gamble taking credit for what s going on and suggesting it is going to carry on a very uncertain times is a big gamble. i imagine that is what politics in the us is all about. president biden is right that the us does have a very strong economy at the moment. it s the strongest of the g7, the richest nations in the world. and that s no mean feat. but it reflects some really big economic risks that both the biden administration and also the federal reserve has ....