plus, 700 and counting, that s the latest number of classified documents that donald trump had at mar-a-lago. we ll explain why there s likely many more to come. also ahead, president biden is expected to announce a decision today on a controversial plan that could impact millions of americans. good morning and welcome to way too early on this wednesday, august 24th. i m sam stein, in for jonathan lemire. results are pouring in this morning after key primaries in new york in one of the most closely-watched races this primary season, nbc news projects that congressman jerry nadler has won the democratic primary for new york s 12th congressional district. he defeated his fellow encouple bantd, maloney. third candidate in the race was patel, former staffer for president obama who ran on the platform of generational change. and new york s 17th district, democratic congressman sean patrick maloney beat back a fierce primary challenge from progressive state senator biaggi
we begin with the cost of energy and steps being taken across europe to prepare for winter. germany is keen to push forward in reducing its dependence on russian gas supplies as concerns continue over whether russia could completely shut down gas flows into europe. germany s chancellor olaf scholz is in canada and has just signed a deal to form hydrogen supply chains with canada. this is seen as a positive step forward but it does not offer an instant fix as it will take some time to get the right infrastructure in place. to talk us through what s at stake. i m joined by nathan piper, head of oil & gas research at investec. thanks gas research at investec. so much for being on th! programme. thanks so much for being on the programme. so, initially it sounds positive, it is the right step for germany to take but how long will it all take to get gas through this form? to get hydrogen to be any sort of significant replacement for natural gas is going to take decades stopping hyd
Jobless rate falls 0.1pc to 4pc. ASX adds 0.6pc. ASX Ltd tumbles on rising costs. ANZ lifts house price forecasts. Wall St rallies as US inflation slows. Follow here.
The 2021 meme-stock frenzy that saw the now infamous short squeeze of GameStop and AMC Entertainment was a moment in time that was the culmination of government stimulus packages, an engaged retail market recovering from a pandemic, and a flat-footed Wall Street. Today’s cost-of-living crisis means that it may be many years before we see anything close to the GME phenomenon.