Falling oil prices are wreaking havoc on Oil Producers and workers. This week Royal Dutch Shell said profits fell 56 in the last three months of 2015 compared to the year earlier, and confirmed the new wave of job cuts. American oil giant Conoco Phillips lost a billion in the same. Here is why u. S. Crude settled at the 31. 72. Prices dipped into the 20s, thats a far cry from the 100 plus that oil traded at in mid 2014. And the downward spiral takes a toll on global stock market in asia and america. And that caused angst at the World Economic forum. In davos switzerland, that brings together leaders, executives and others from the global elite. They meet to change ideas and solutions. I sat with some of the big wigs in davos, including sir richard branson, the british typhoon, and he offered a different take on the mayhem of falling oil prices. Have a listen. I cannot understand why the stock markets are panicking over low oil prices. Many companies will be affected and Oil Producing c
President can decide. Amy its caucus day in iowa one of the whitest states in the country. The first nominating contest in the president ial race. Can Bernie Sanders upset Hillary Clinton . The republicans are caucusing as well. The bottom line is, we are one to make our country great again im ok . Caucus. Ut on monday, rivals . L Donald Trumps how will marcorubio fair . We will speak with wayne ford who is backing clinton, and i with radio host ed fallon who has just endorsed Bernie Sanders. Hugh espey of iowa citizens for Community Improvement will help demystify the iowa caucus system, and we will speak to writer jeff biggers about the undercovered issuses in iowa. Up. Of that and more coming welcome to democracy now , democracynow. Org, the war and peace report. Im amy goodman. The road to the white house begins an hour tonight. Voters will gather at 8 00 eastern time to select their p. M. Picks for the democratic and republican nomination. Polls show tight races on both sides. Rep
Its good to be back in the big easy. [applause] and this is the weather in august all the time, right . [laughter] as soon as i land in new orleans, the first thing i do is get hungry. [laughter] when i was here with the family a few years ago, i had some food at the parkway bakery. I still remember it, how good it that is how good it was. And one day after i leave office, maybe i will finally hear a rebirth of the maple leaf on tuesday night. [laughter] [cheering] i will get a chance to see the mardi gras, and tell me what carnival is for. But right now i just go to meetings. [laughter] i want to thank michelle for the introduction, and more importantly for the great work she is doing, what she symbolizes, what she represents in terms of the city bouncing back. I want to a knowledge a great friend and someone who has worked tirelessly on behalf of the city. He is following a family legacy of service. Your mayor, Mitch Landrieu. [applause] his beautiful wife. [applause] senator bill ca
Rehabilitation services, into victim services. So if this proposition passes the people, the voter, will ship to many resources and lower the amount of time that people can spend in prison for substance abuse, for petty theft, receiving stolen properties. Theres six lowlevel offenses that will change. And it will also make people who have went to prison for those crimes eligible for an expungement. And im really excited about it because after being released from prison 20 years, after rehabilitating myself and hundreds and hundreds of others, jeanne, ill be eligible to get an expungement or ill be eligible to clean up my record. I will be eligible to not be punished anymore for medicating my grief with an illegal substance. And incarcerated when i lost my son. And thats not just me. Those are hundreds of thousands of more californians. So im really, you know, like gung ho. Don ho for prop 47. Prophet, i think you mentioned a little bit the political ship is going on and you saw that in
Example senior officials and cabinet members were talking about a new model of great power relations with china. A phrase that is not popular among allies because in the chinese formulation of a new model no other Asian Countries a great power. The administration appears to have dropped that. We have an article coming out in washington quarterly next week that catalogs all of the descriptions of the pitted on rebalance in every major speech on it from the administration and their stars are listed three of four priorities. I wont read them all but they change every time. Most recently secretary kerry said the core of the pivot will be sustainable Economic Growth the Clean Energy Revolution or rulesbased stable region didnt bake security in operation. A very different list than tom donnell and susan rice. There is some confusion i think about exactly what the bottom line is. The president will be giving a speech in brisbane at the end of the trip. He usually speaks most consistently abou