Page 41 - Opec News Today : Breaking News, Live Updates & Top Stories | Vimarsana

let's get down to business now. in just a few hours, the federal reserve — america's central bank — will make a decision on interest rates. it's pretty clear the cost of borrowing will go up but the question is, byjust how much. our north america business correspondent samira hussain reports from new york in the united states the cost of living has hit the highest level in more than a0 years. everything is more expensive. in the last year, the cost of food and vegetables is of more than 8%. today, £1 of beef is $5. last year it was $a.a0. the price of petrol has skyrocketed by 6...

when the weather is good. a golf driving range and now a tent city that will only get larger. first wave after arriving from texas. it will be more than -- more like -- the city providing three meals a day. fluff and fold laundry service. phones, video games, wifi and popcorn machines for the initial 500 men housed there. eric adams saying the key word here is care. >> history of this country has always been tied to welcome in those who are fleeing harm. that is the spirit of this country. it must be done in an organized way and i believe that we will always be responsible as new yor...

the pain it will cause us. he is blocking way to make our own as much as he can. 1984 was the last time we were tapping oil like we were tapping beer in america. today's sale marks the end of the 180 million drawdown biden announced in the spring. the white house is warning there could be more of this sort of move on the horizon. so i mentioned that we're really getting low. what's that going to look like? but they said this a few weeks ago. >> so we're not considering new releases from the strategic petroleum reserve beyond the 180 million which is what you are speaking about, about...

brian. >> thank you. over an hour from now, we are going to hear from president biden, his going to tell us his decision to release another 50 billion barrels from the reserve. the emergency oil reserve. less than three weeks ahead of the midterm election. his critics are calling it a desperate attempt to drive down the gas prices as the economy emerged. the biden administration released roughly 165 million barrels, bringing the total to 180. draining our emergency oil stockpile to its lowest levels since 1984. however, white house press secretary, karin jean-pierre is putting this s...

president biden is set to lay out his plan to once again bring down sky high cost of gasoline at the pump. once again, by tapping into the nation's emergency oil reserves, even as it brings the needle even closer to e. i'm john roberts in washington, happy wednesday, sandra. >> sandra: and that's a visual for you, starting to look like that, right? the president will announce that release of 15 million more barrels of oil, rounds out the 180 million draw down the president committed to earlier this year. >> john: the releases have brought the supply to the lowest level since ronald r...