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West shelf lng plant next year. West shelf lng plant next year. We expect the risk premium now for global gas markets should partially subside but what this incident really highlights is how fragile the global gas market is in the wake of the withdrawal of russian supply last year and global gas markets are still going to stay on edge towards any kind of risk of Supply Disruptions over the next few years. The next few years. That is a aood the next few years. That is a good point the next few years. That is a good point you the next few years. That is a good point you raise, the next few years. That is a good point you raise, saul, l good point you raise, saul, that it good point you raise, saul, thatitis good point you raise, saul, that it is a fragile situation fraught with worries. What more do you think can be done to try and insulate this in these circumstances . It and insulate this in these circumstances . Circumstances ....
Thank you so much for joining me this saturday. Im fredericka witfield. We begin with the historic autoworkers strike, now in its second full day. Negotiators for the carmakers and the union are expected to be back at the Bargaining Table Today. For the first time ever, workers are striking at plants for General Motors, ford and stellantis at the same time. The carmakers say despite big profits in recent years, the raises being demanded would drive them out of business. President biden weighing in, saying now is the time for the companies to step up. No one wants a strike. Say it again. No one wants a strike. But i respect workers rights to use their options under the collective bargaining system. I believe they should go further to ensure record corporate profits mean record contracts. Gabe cohen is at a Stellanti ....
chairjerome powell suggested as much. as we approach the end of the year, it s natural to look back on the progress that has been made toward our dual mandate objectives. inflation has eased from its highs, and this has come without a significant increase in unemployment. these are things we want to see. why might the rate hiking cycle has included 11 increases. government data showed inflation dropped from 9.1% in mid-2022 to 3.1% in november. that is above the target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. for wall street the dowjones international average jumped to record close. this is the third time in a row of the central bank decided against another rate hike. for investors satisfied with what the fed has done is when it will start cutting rates? there is a lot to digests in america big questions about whether a cut is likely. we will talk about that than i want to come onto the uk and europe. what is y ....