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rebecca babin is a senior energy trader at cibc private wealth. she gave me her predictions. i think the concern right now is really concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal. what it is concerned with right now and the reason it has risen 6% because the shipping costs associated with travelling around the southern tip of africa to reach its destination adds around 15 days of travel time. it increases freight costs. and it has increased insurance costs. that i...

i think the concern right now is really kind of concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal. what it is concerned with right now and the reason it has risen 6% is because the shipping costs associated with travelling around the southern tip of africa to reach its destination adds around 15 days of travel time. it increases freight costs. and it has increased insurance costs. so that is what the market is pricing and looking at this point. the market has not ente...

punter president erdogan claiming victory, as yet not officially announced, but to all intents and purposes, that seems to be the case. we have seen the opposition candidate kemal kilicdaroglu also giving a speech and he was strongly worded but he did not explicitly admit defeat. let's speak to arda tunca. he's a columnist and economist at politikyol. we have talked a lot in recent days and weeks about the turkish economy and weeks about the turkish economy and it has been that hot button issue for the politicians and the daily issue for turks. what is the state of the economy? what ...

hello i'm anna foster. turkey's long—time president, recep tayyip erdogan, has declared victory in sunday's presidential election run—off, he can see here in december that president erdogan supporters are convinced that he has one a third term as president in power here in turkey. he has been in power as prime minister or president for more than 20 years now, people have been voting here all day and just in the last hour as president erdogan made his speech at his home in insertable, it was relayed at the screen here outside the party headquarters. it is where people have been co...

never indicted or incited an insurrection. he loves his children. he doesn't hide classified documents. vote dernald turmp, and he'll make the united states goodest, as it once one. i approve this message. >> i didn't know. >> good morning. welcome to "morning joe." it is thursday, december 21st. great to have you with us. also with us, we have white house editor for "politico," sam stein, who intimidates people who work for him to say that he is their favorite. we heard that, sam. also, msnbc contributor mike barnicle. washington bureau chief for the "usa today," susan page. and sta...