The question is sort of the Yellen Dudley more dovish wing of the fomc as to whether or not theyre adamantly opposed here, but the other guys, i think it was about letting the markets settle down and waiting to see if there was anything more serious that the markets were telling us from the recent volatility. But if things have passed and they seem to be quite a bit calmer than they were previously, then i think that group of people we were just talking about are quite comfortable hiking rates. Steve, thanks so much. The markets were already moving lower throughout the last 45 minutes or so because of whats been going on in health care. Theyre going to react to this more in the minutes ahead. Steve weiss, it brings up the question again, if the fed acts in the next month, stocks are going to blow that off . Look, i dont know market can go up if the fed hikes rates . I believe that if we get Everything Else sort of more comfortable, the markets trade up. I just dont think the fed is the
Doctors are likely to change their procedures after hearing this major news on Blood Pressure. Everybody needs to Pay Attention. A lot to do today. Well start with a check on oil trading because oil is down by 3 . One reason might be a note from Goldman Sachs that came out this morning suggesting that oil could not will, but could fall as low as 20 per barrel saying, the oil market is even more oversupplied than we had expected and the potential for oil prices to fall to such levels which we estimate near 20 a barrel is becoming greater as oil storage continues to fill. Powerful note. Just to be clear, guys, Goldman Sachs not saying this will happen. That it is going to go to 20. Just that it is a possibility. Their sixmonth price target is 40 a barrel. Thats still very bearish but it is not the Case Scenario. Coming up in the next hour on power lunch, we have an exclusive interview with the man who wrote that note for Goldman Sachs, jeff kcurrie will be our guest. Kate kelly is live a
You think the source is . And i just to the extent that you can say time and date and if you will, accountable individual who you think is the Decision Maker or the impediment, i would like that answer as succinctly as possible. Miss buller . In my case its very easy to pinpoint the time and the person. The passage of the act mandating the restrictive reporting was the impetus. The person was the general counsel. Basically, he has taken the opportunity to interpret the act to impede our access. Mr. Elkins . In my case, you know, i have two agencies that i oversee, the csb and Environmental Protection agency. In both cases, i have to say that issues relative to access starts at the top with a clear message from the top that access will be granted, it will be granted. To the extent that there is a muddled message or the message is not clear, you end up in situations that we have here today. Some of the on the csb side of the house, the issues started back in 2010, 2011. On the epa side o
President obama justifies actions saying time is up in mosul. Today, with our support, iraqi and Kurdish Forces took a major step forward by recapturing the largest dam in iraq near the city of mosul. And authorities in missouri say police came under heavy gunfire overnight as a peaceful demonstration against the shooting of a black teenager turns violent. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. So a very good morning, everybody. Lets talk a little bit about this bhp billiton story. Unlocking value, but for who . Bhp billiton shares as the mining giant announces it will spin off 14 billion worth of assets into a new company to be listed in australia. It comes as bhp posts full year underlying net profits of 13. 5 billion. Thats up 10 on the year. Well, lets catch up now with john wilson. Well speak to him as he comes good. But meanwhile, i want to fill you in on the mollermaersk story. After the shipper delivers a 1 is billion buyb
A warship to russia as planned despite deep criticism from both sides of the atlantic. In corporate news, litigation talks talking its toll on Credit Suisse following a 8. 5 billion settlement with u. S. Authorities. Shares dropping to the bottom in market after a disappointing set of Second Quarter numbers. The failed deal with omnicom is partly to blame. We have been too much focused on the omnicon deal. These certainly generated questions over the daytoday issues. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Hi, everybody. Welcome. You are watching Worldwide Exchange for the next two hours. I just want to update ow some flashes were just getting across our wires. Were seeing uk politicians talking, saying that they need to send a clear signal to russia, the world has changed since the recent eu meeting took place. He says expectations have changed and the eu needs to go further. A terrible incident that happened because of russias support for