Are bracing for more shutdowns. How high will gasoline prices go in the United States . And talking of fuel, the diesel dilemma. No decision yet on offering a diesel version of the new cayenne suv. More throughout the show. Matt miller, over to you. Thanks very much. 30 minutes until the open of cash trading. I am in stuttgart at the Porsche Museum to give you more on the easel industry story which has been a massive one in germany. A big election issue just four weeks to go until germany votes for a new chancellor or indeed confirms the old chancellor. Lets take a look right now at how futures are trading. We see gains across the board. Yesterday we had a drop in the cash trade then things picked up in the u. S. Through asia overnight and in europe and futures now because there is less concern about a war with north korea or at least a missile launched over japan. Ds and see also in bun across the board in the rates market, people selling off those safe haven instruments and pushing t
Take a look at gasoline, another twoyear high at 5 and the spread getting wider. Wti versus brent off by six dollars, really speaking to the overproduction and oversupply of oil in the u. S. As the impact of Hurricane Harvey is truly felt. 2 10 of a up by percent. Steady for now. And the commodity we are really watching, copper. Seven 7ch million a ton . And emma chandra has first word news. Emma Hurricane Harvey hitting louisiana, making its second landfall today coming ashore in the western part of the state after dropping 50 inches of rain on southeast texas. It is blamed for at least 18 deaths in the houston area and Law Enforcement says 13,000 people have been rescued. 80 billion, hit making it the second costliest Natural Disaster in u. S. History. A warning from north korea, kim jongun saying the testfiring of a missile over japan was a meaningful gesture toward guam. He said he will watch the response of the u. S. Before deciding on further action. He is readying his military t
And perspectives on markets across the globe. 4 growth is good. I dont think 4 growth can be sustained. Ty definitely dampens larger m a transactions. Warren buffett raises his stake in bank of america. We will be getting 30 million plus more annually from the common and preferred. And Brian Moynihan speaks about the high stakes of regulatory reform. Those are the most important things for us. Capital, liquidity, things like that. It is all straight ahead on bloomberg best. Julia welcome. I am julia chatterley. This is bloomberg best, your weekly review of the most important reviews and interviews from television around the world. Last weekend Hurricane Harvey was in the u. S. Gulf coast and the city of houston. On monday, the big storm was the big story. Floodwaters overwhelmed swaths of houston as Tropical Storm harvey continues to inundate. Leaving the u. S. Fourthlargest city crippling the energy industry. Help us with perspective on how big this issue is. In terms of the houston d
On markets across the globe. I dont think the growth can be sustained. Largerainly, it dampens transactions. Getting millions the common andg preferred. And Brian Moynihan speaks , about the high stakes of regulatory reform. Those are the most important things for us. Capital, liquidity, things like that. It is all straight ahead on bloomberg best. Julia welcome. I am julia chatterley. This is bloomberg best, your weekly review of the most important reviews and interviews from television around the world. Last weekend Hurricane Harvey was in the u. S. Gulf coast and the city of houston. On monday, the big storm was the big story. Floodwaters overwhelmed swaths of houston as Tropical Storm harvey continues to inundate. Leaving the u. S. Fourthlargest city crippling the energy industry. Help us with perspective on how big this issue is. In terms of the houston damage, it is unprecedented. We are seeing places flood that dont normally flood. If you are familiar with houston, it has a tend
All time shall be equally allocated between the parties and in no event shall debate continue beyond 11 50 a. M. Each member other than the majority and minority leaders and the majority and the minority whip shall be limited to five minutes. The chair recognizes the gentleman from california, mr. Rohrabacher, for five minutes. Thank you, mr. Speaker. And i ask permission to address the house and to revise and extend my remarks. The speaker pro tempore without objection. Mr. Rohrabacher mr. Speaker, on his recent trip to asia, President Trump reminded us and our International Trading partners that our commercial agreements must be honest, fair and reciprocal. This admonition with this admonition he called on our asian friends to build automobile plants that would employ American Workers. Three cheers for him doing that. The United States already has experienced the benefits and the liabilities of foreigncontrolled multinational Automobile Companies manufacturing in our country. These c