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Effects rates despite a higher profit this year. And the end of an era. South africas president jacob soozuma will be reportedly led o resign today u. S. Crude output could overtake that of russia and saudi arabia, thats according to the latest iea Oil Market Report which also predicts nonopec Oil Production will grow faster than demands. Neil atkinson from the iea joins us from paris. Sir, thank you very much for joining the show our colleague spoke to the head of the opec earlier. He said he had reassurances from russia to keep production cuts in place is it fair to say Going Forward the u. S. Will be the largest swing producer in the foreseeable future when it comes to Oil Production . Well, i think most people assume that the opec output cuts, which have been ....
Good morning glad youre with us. Lets take you to the markets. The stoxx 600 roughly one hour into the trading session, its slightly underwater. Off by just a smidge, to the tune of 0. 1 seems like were treading water ahead of that fed meeting where we expect the first clues when it comes to the reduction of the Balance Sheet. We have financials doing better today when it comes to the sectors. Before we get to those sectors, let me show you the indices one by one the ftse 100 is up by 0. 1 this is an inverse movement to what the currency is doing well get to the currency in a second we had quite a roller coaster ride for pound sterling over the last couple of days in response to the hawkishness, the dialing back of the hawkishness coming from mr. Carney. The xetra dax is up by 0. 1 . The cac 40 is off by 3. 5 points. Now we talk about the sectors. There you go you have autos, oil, gas, banks, some finals doing better in anticipatio ....
And the losers. Also in the Programme Robots are increasingly taking ourjobs, but will it be good for the economy . Our economics editor kamal ahmed will be here to discuss that and the latest on brexit. Today we want to know, would you pay to tweet . Twitter is considering a paid membership option for businesses and power users what do you think . Use the hashtag bbcbizlive. Get in touch with us, we do love to hear from you. Welcome to the programme. We start in the us, where President Trump is battling to deliver on one of his biggest election promises, and to hang on to his credibility with investors. Late on thursday, republicans were forced to delay a vote in the House Of Representatives on scrapping and replacing the Healthcare Reforms known a ....
Voice. Ill be hear with the sport including Sachin Tendulkar plays his final test match for india. More pictures are emerging from the philippines disaster zone. Every image reveals more about the power of typhoon haiyan. This is 20km of coastline that has been ripped to shreds. 15,000 people live here, people are wandering around. Aid is not getting to those in need fast enough. So for many victims leaving now is their only hope. And security deteriorated affecting residents and aid workers. The army is out in force trying to keep control with reports of gunmen and armed rebels causing fear among the population. We have correspondents covering the story from the worst affected areas. In cebu aid is piling up at the airport because theres no way to get it. Very that story. And we go to the tacloban where people are waiting for food and measure. And Marga Ortigas is in taclob ....