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Irans Oil Industry after comments by President Biden. Welcome to business today, live from new york, i m ritika gupta. Share prices in the us have been searching after great news regarding the us economy. The strike on the East Coast ports has also been suspended. It is not all positive news, though. Oil markets are still reeling from a comment by President Biden on thursday that the White House is discussing whether to support an attack by israel on Irans Oil facilities. This is how one of the key benchmarks Brent Crude was trading in the last 15 minutes if it stays at these levels it will b...

Your people back into their homes, you dont escalate to deescalate. And obviously now, with the iranian retaliation, israelis are in their shelters as they go into the new years holiday weekend. Ben . Yeah. I think, you know, since October 7th, the Biden Administration has had a number of goals, one was to provide support to israel as it aims to go after hamas, but then also one of the principle goals of u. S. Diplomacy since October 7th had been avoiding deescalation into lebanon, precisely because i think there was an understanding that lebanon could be kind of the Trip Wire to this broader ...

Largest cities. Finally, we have not seen it yet but it is very likely that china is likely to have another round of fiscal stimulus. I will say that this is something that we have not seen in a few years, not since early 20102 after the global financial crisis. I think it is a clear message that the government is willing to increase support for economic growth and people's confidence. Talking of efforts to try and reboot growth. Thailand will start handing out $300 to every citizen part of a $14 billion stimulus package. The scheme has been criticised by economists, including two former cent...

And now Vice President Kamala Harris, who is about to speak at a rally in wisconsin at this moment, these are live images, is taking full advantage of the shocking revelations about robinson. Today. Billboards like this just popped up like this one. It features trump alongside robinson and a picture is plastered across North Carolina. Obviously North Carolina for trump is a mustwin state. Hes actually going to be there in less than 24 hours. He knows he has to win. The billboard reads it, puts quotes around it. We have to cherish mark. Hes an outstanding person, an incredible gentleman. So he ...

Cut of half a Percentage Point on wednesday has spurred investors sending us markets into record highs. Traders cheered the Central Banks big call cutting the main Interest Rate to between 4. 75 and 5 . Opening the door with a bang on the first rates Easing Cycle in more than four years. President biden hailed the move as good news for consumers but said there was more work to be done in taming inflation. Lets be clear. The fed lowering Interest Rate is not a declaration of victory, its a declaration of victory, its a declaration of victory, its a declaration of progress. Its a Signal Weve ent...