States. This is the pulse. We are live from bloombergs European Headquarters in london. Francine is here and you will see her later. It is a decisive week for greece. The Prime Minister kicks off with a visit to berlin to meet angela merkel. This is the second meeting in five days between the two leaders. Greece is slipping closer to bankruptcy. Weve got coverage from greece and germany. Lets go to hans nichols in berlin. Hans she is rolling out the red carpet. Neither side is elevating expectations. They are both saying this is a get to know you. He thinks its important to have conversations outside the pressure of negotiations. The great media is reporting that he will bring up privatization and slow down the privatization efforts that have been a priority. Mrs. Merkel will ask greece to implement the reforms. That is the issue. The meeting in brussels began asking for new bailout money but one it immediately. He says he will not be able to make it until the end of april. That is the
Building a company and we have a lot to do in 2014. 2013 was great. There are still a lot of businesses out there that need things for everything they do every day. That is the theme of the week. We have one company doing that. Tmobile will buy some spectrum. 700 megahertz spectrum licenses. Everybody wants those. 2. 4 billion shows how important it is to have the space. Dead a whilet for ago. Jpmorgan, they will pay a 2. Illion fine on charges jpmorgan made off, people inside made off. Why they are picking on jpmorgan 20 billion . Two mortgages to the london wales story. You would not agree to pay it a must there is something going on. Todays the first day of the real trading day of the year. Stock futures are higher and lower in china. Fivemonth low. Appointing manufacturing data is raising old fears of a slowdown in china once again. Sells skiing and broke her pelvis and canceled everything for the next three weeks. I am not sure how that happens. Downhill skiing, i am with you. Thi
Efficiently and we are in negotiations, we signed tennessee today, we have missouri, virginia, maryland, a number of other states that are in discussions with us about entering these agreements. I yield to mr defazio. On a point made earlier about the governor of california having to use scant state funds to reopen yosemite made by california members, there is no guarantee that any of this money will be paid back, none, zero. I would say and republican rules paying back and individual states would constitute an earmark which means you would have to waive the rules of the house to do it but would try to pass a bill to extract this out of the park service, and i and the stand why governors are being cautious. I thank the gentleman. I might knows that tradition would say you are wrong, they will all be prepared. Would you yield for a second . That was before you adopted this extraordinary earmarked rule which is problematic. Thank you, mr. Chairman. Thank you for your service. I know how
This international front. Thank you. Just to point out when you said standards, you dont mean standards need standards where people have to use fuel, but rather when it adds up and you know exactly whats going into your car when you buy the product. And what struck me is that the fuel is still economic. Especially compared to gasoline. If you look at this graph, this is the price compared to the price of gasoline it is apples to apples comparison and its such a Competitive Price compared to gasoline this is really economically driven but i want to jump over to daryn of the Natural Resources Defense Council and put you on the spot. As one of the representatives of the environmental organizations in the room. You hear many voices in the Environmental Movement that over the years have called for high oil prices. High oil prices are good for the environment and we have high oil prices. Are they good for the environment . Well, no. High oil prices in and of themselves are not good for the e
Housing sector remains slow. Of the fiscal policy is restraining Economic Growth although the extent of restraint is diminishing. Inflation has been running below the committees longerrun objective but longer run Inflation Expectations have remained stable. The rest of the statement is almost identical to the statement in march. I will skip ahead. The fed cut bond purchases to 45 billion a month from 55 billion. It is maintaining the federal fund, shortterm federal funds Interest Rate at zero to quarter percent. Its Forward Guidance, qualitative Forward Guidance is the same as march. So i will skip that, the vote for this one, melissa was 90. Back to you. Adam peter barnes, thank you so much. Dont move. Stay with us. Lets bring in charlie gasparino. We have former dallas fed chief economist, michael cox. Lpl investment strategist, anthony valari and economist steve moore. Anthony valari, let me start with you, what did you think about that . Pretty much as expected. I think this meetin