Two years. Led by luxembourg and austria. Today is writing rising today against the dollar. I said we would talk austria. Even the chance of the far right Party Getting into power in sundays austrian election isnt expected to spoil the run for investors in europes bestperforming developed stock market this year. The conservative peoples party, the leader in the opinion polls, is expected to form a governing fact packed with the National Freedom party. Dropping the antie. U. Rhetoric of the past from its platform. The partnership is broadly benefiting the austrian trade index. The white line on the top charts right there. Helping extend the 27 run this year by bringing about corporate and wage tax cuts that would s lash tax bills and boost investor demand. 5 stoxx europe is up by valuation. The atf, 14 times earning the stoxx 600. More than 15 times earnings. China overseas shipments rising from a year earlier, narrowly missing estimates on the later cited on the latest sign that Asian
There was fighting amongst Government Troops and kurdish forces. A came as the International Agency warned that geopolitical tensions could disrupt the rebalancing of oil markets, which would otherwise happen next year. Here is our exclusive interview with the iea executive director. Very strong growth for oil them and this year, 1. 6 Million Barrels per day is strong growth. Also next year, we see 1. 4 Million Barrels per day. Expects of supply, we the United States, canada, a decent amount of oil in the market. The producers decide in november this year, to understand the dynamics for the next year. If they continue with their policies, we expect sometime a levelr, we may see lysing of the markets. Of course, this is not taking into consideration geopolitical developments that might change the picture significantly good significantly. Indeed. Even on record lately saying you are not seeing rebalancing taking place just yet. And opec representative says it is already underway. Why are
Highs as exports from Northern Iraq fell amid fighting between kurdishnt troops and forces. It came as the agency warned geopolitical tensions could affect the rebalancing of oil markets. Heres our exclusive interview. What we see in terms of demand, very strong growth of oil demand this year. About 1. 6 Million Barrels per day strong growth. We see 1. 4ear, Million Barrels per day. Again, strong demand. In terms of supply, we expect the United States, canada, a decent amount of oil to the market. It will depend on what the producers will decide in november of this year to understand the dynamics for next year. If they continue with their tolicies, we expect nex year will will see a rebalancing of the markets. Effect not taking into some geopolitical developments. Yousef you have been on record saying you are not seeing rebalancing taking lace just yet. The opec secretarygeneral says it is already happening and is underway. Why the divorce in this thinking . Underway but we still have
Has been. Really one that marks a transformative moment for our country. This morning had, when the republicans voted to advance the budget that they put forth, they made they drew a line in the sand between the middle class and working families. And the very wealthy and Corporate America in our country. Its really unfortunate but it is at least an opportunity for the American People to understand more clearly what the debate is here in washington, d. C. On one side of that line in the sand we have the republicans in congress who are. Their dna committed to a mission of getting tax breaks to the wealthiest people in our country. In fact, the budget they put forth in that budget, 82 of the tax cuts will go to the top 1 . Sadly, it also in another way that is an assault on the middle class is an assault on a state and local Tax Deductions. I bring this up because it affects everyone. If you live in the district of columbia, for example, and you own a home, you will be negatively impacted
An answer bank House Minority leader nancy pelosi also addressed the budget resolution at the weekly press reason. At the weekly press briefing. Good morning . Good morning everyone. What an eventful morning it has been, really one that marks a trend a transformative moment for our country. This morning, when the republicans voted to advance the theyt that they put forth, drew a line in the sand between the middle class and working families, and the wealthy and Corporate America in our country. It is really unfortunate, but it is at least an opportunity for the American People to understand more clearly what the debate is here, in washington dc. On one side, of that line in the sand, we have the republicans in congress who are in their dna, committed to the mission of getting tax breaks for the wealthiest people in our country. That is a budget that they put tax cuts willthe go to the top 1 . In another way that is an insult on the middle class, it is an assault on the state and local