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If the conflict spreads to other parts of the region especially iran, it could immediately impact well prices because even though iran has been under sections for the last two years it has pumped well quietly and provided them to customers across the globe. The white house has turned a blind eye especially with the last year or two because its been trying to smooth relationships between iran and the western world. Now if the white house enforces the sanction that means the supplier from sanction that means the supplierfrom iran could be cut off and comes at a time when oil supplies have been tightening because saudi arabia and russia, the two largest exporters of oil in the world, also part of 0pec , have been reducing Oil Production by 1. 3 alien Barrels Per Day and will keep doing it until the end of the year. There is a good chanceit the year. There is a good chance it co ....
[ banging gavel ] this hearing will come to order. Good morning. We are meeting today to consider the nomination of kirstjen m. Nielsen to be the next secretary of the United States in Homeland Security. I want to thank her, her family. Our senators making introductions later on. I certainly want to call out mrs. Karen kelly, general kellys wife. Shes here also. Showing her support for the nominee. And i know ms. Nielsen will introduce her family in her Opening Statement. Americas facing enormous challenges. Our National Debt exceeds 20 trillion and theres no serious effort being made by either party to significantly reduce the 30year projected deficits that are currently expected to exceed over 100 trillion. Our enemies are on the rise. Russia continues to dest ....
Announced a bipartisan deal on the twoyear budget provided more spending for military and domestic spending including disaster relief. Kevin, give us what you know about this deal. Kevin a busy afternoon on capitol hill as Mitch McconnellSenate Majority leader Chuck Schumer that they have a twoyear agreement to keep the government open. This comes as the house of representatives sending the measure to the senate, and we should know the details crossing the terminal as we speak. The deal will include disaster and oconnell is calling this a significant bipartisan step forward. It also notes the immigration debate is still coming and they have to get i march 5. It appears republicans got their way and separating immigration from this deal. Should also report that Presid ....
Britains elise is disqualified from the 1,000 metre speed skating heat ending her 0lympic dream. Good morning, it is tuesday the 20th of february. Welcome to bbc newsroom live. 0xfams chief executive has apologised to mps this morning over the way the charity handled claims of Sexual Misconduct by its staff in haiti. Mark goldring said he was sorry for comments in which he appeared to downplay the seriousness of the allegations. The International Development committee has called an urgent questions have been asked about how 0xfa m questions have been asked about how 0xfam handled their staff. He was asked by the Committee Chairman if he would apologise for the actions of the charitys workers in haiti and his comments in a newspaper which appeared to downplay the seriousness of those allegations. appeare ....
On the agenda . Think north korea. The focus. Trump says just fed focus. Trump says fed focus. Trump says sunday that powell, are in the running. Matt what stock futures are doing in the half hour until the start of trading. You see we are up across the board, not a lot of moves. There is not a lot of directions to riskon riskoff. We dont see a lot of moves in bonds. Not in the bund or treasuries either. Take a look at the argentinian 100 year bond. I have this up on the btv screen. You can access it on the terminal. We can see the yields here at almost 7 and this is one proxy to look at for what investors think of argentina. President won a big boost. His reform agenda [no audio] story is whatst is happening in the nikkei. Abe. In by on a win by you see the yen coming under pressure as well. On a real tear at the moment, the nikkei. The other story i want to draw your attention to, what is happening with the turkish lira which has been hit hard overnight. We have seen more negative u. ....