Page 21 - Opec News Today

lets get down to business now. in just a few hours, the federal reserve — americas central bank — will make a decision on interest rates. its pretty clear the cost of borrowing will go up but the question is, byjust how much. our north america business correspondent samira hussain reports from new york in the united states the cost of living has hit the highest level in more than a0 years. everything is more expensive. in the last year, the cost of food and vegetables is of more th...

when the weather is good. a golf driving range and now a tent city that will only get larger. first wave after arriving from texas. it will be more than -- more like -- the city providing three meals a day. fluff and fold laundry service. phones, video games, wifi and popcorn machines for the initial 500 men housed there. eric adams saying the key word here is care. >> history of this country has always been tied to welcome in those who are fleeing harm. that is the spirit of this coun...

the pain it will cause us. he is blocking way to make our own as much as he can. 1984 was the last time we were tapping oil like we were tapping beer in america. todays sale marks the end of the 180 million drawdown biden announced in the spring. the white house is warning there could be more of this sort of move on the horizon. so i mentioned that were really getting low. whats that going to look like? but they said this a few weeks ago. >> so were not considering new releases from th...

brian. >> thank you. over an hour from now, we are going to hear from president biden, his going to tell us his decision to release another 50 billion barrels from the reserve. the emergency oil reserve. less than three weeks ahead of the midterm election. his critics are calling it a desperate attempt to drive down the gas prices as the economy emerged. the biden administration released roughly 165 million barrels, bringing the total to 180. draining our emergency oil stockpile to its...

president biden is set to lay out his plan to once again bring down sky high cost of gasoline at the pump. once again, by tapping into the nations emergency oil reserves, even as it brings the needle even closer to e. im john roberts in washington, happy wednesday, sandra. >> sandra: and thats a visual for you, starting to look like that, right? the president will announce that release of 15 million more barrels of oil, rounds out the 180 million draw down the president committed to ea...

lowest level in almost four decades. white house correspondent peter doocy starts us off tonight live from the north lawn. good evening, peter. >> peter: good evening, bret. the president is saying he wants to increase american energy production without delaying the transition to green energy and clean energy. officials are calling the move a bridge but now we know its a bridge that leaves the strategic reserve to its lowest level since 1984. >> strategic petroleum reserve is more than...

boxes overseen by an aide recommended by first son hunter, potentially another chinese spy reporting back to the chinese communist party. meanwhile in washington, joe biden acts clueless, claiming he has no regrets. >> i think youre going to find theres nothing there. i have no regrets of following what the lawyers have told me hay want me to do. thats exactly what were doing. theres no "there" there. thank you. maria: betrayal of -- the trail of gross negligence today with the chairma...

also on the programme... the faces of the ten victims of an explosion in county donegal — they include two teenagers and a five—year—old girl. and max verstappen reigns supreme injapan to win the f1 world championship for a second time, despite atrocious conditions. good evening. president putin has tonight accused ukraine of an act of terrorism after a key strategic bridge built by russia was badly damaged by an explosion on saturday. his comments came after russian missile stri...

im jose diaz ballart. with less than three weeks to the mid-term elections president biden is expected to make another major announcement today addressing gas prices. i also spoke with award winning artist lin manuel miranda and the importance of getting younger voters to the polls. >> it was really inspiring to hear from the young people, their bodies are on the ballot. gun violence is on the ballot. immigration is on the ballot. also breaking this morning, russias vladimir putin de...

mayor says air defenses have been shooting down russian missiles all over the city. were going to get an update on all of it for you. meanwhile here at home, the economy and politics are on a collision course. gas prices are up 20 cents in the last month. just 20 days from the midterm elections. in two hours, president biden will put the economy and energy front and center as he is set to announce hes releasing 15 million more barrels from our strategic reserve due to opec cuts and e...