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The 0pec+ cartel has agreed to extend most of its production cuts until 2025. the cuts, which were first agreed in december, were due to expire at the end of this month. so what does this mean for oil supply going forward prices and inflation? jane foley has been looking into this for us head of fx strategy at rabobank. good morning to you. this, to a great degree, was expected, wasn t it? to great degree, was expected, wasn t it? great degree, was expected, wasn t it? ., ., ., wasn t it? to a great degree it wasn t it? to a great degree it was but we wasn t it? to a great degree it was but we have wasn t it? to a great degree it was but we have to wasn t it? to a great degree it was but we have to bear - wasn t it? to a great degree it was but we have to bear in - wasn t it? to a great degree it l was but we have to bear in mind that there are three sets of production cuts and one of these, which is one of the voluntary reduction cuts, will actually be phased out from octob ....
Pretty shocking report from the heritage foundation. reduction cuts under the obama administration. the u.s., the report says is barely able to defend vital national interest. the standard benchmark of our military the ability to fight two wars simultaneously has been eroding given the threat levels that we re seeing from around the globe. has the president left america more vulnerable to attack? here now is retired united states air force lt. general richard newton. thanks for being with us. thanks, anna. not being able to fight two wars at one time. what does that mean for us? this is nothing new according to latest report. let me say off the bat that my 34 years on active duty and i just recently retired, i never seen the international environment so unstable if you will. if you recall during senate armed services testimony, director of national intelligence james clapper reported that 2014 was actually the most violent year for global war on terror and so forth. pretty much a ....