s a then amazon with sales ringing in at over thirteen billion dollars followed by energy giant exxon mobil and general electric so all in all business seems good for american companies in germany with sales up three point two percent last year now and president trump regularly complains about the u.s. getting the short end of the stick when it comes to trade but u.s. companies judging by those numbers seem to be touring quite well abroad don't they actually they are and trade between the united states and germany is healthy kind of trade the problem with the trump critique is that it sees everything in this bilateral context and it's also missing the fact that what we have is an imbalance between domestic investment and domestic saving the

to a couple petro billionaires the koch brothers and other big fossil fuel interests massey and exxon mobil and what not and therefore they're willing to lie about science on this the fact of the matter is nobody is disputing this the temperature in the atmosphere temperature worldwide is nine tenths of a degree celsius about a degree one point three degrees fahrenheit warmer than it was the year that ronald reagan was inaugurated there's six percent more moisture in the atmosphere the gulf of mexico was between two and seven degrees depending on where you measure in the gulf warmer than it has ever been measured in all the time that humans have been measuring temperatures in north america and these are and that is the fuel for hurricanes and these are those these are the signals of global warming in these are the things that make it worse and i just find it mind boggling that republicans in order to maintain the good graces of the koch network and other petro billionaires . i get it that the koch brothers network literally has more employees more money more offices than the entire republic

you find ways to make money oh you most certainly i mean all the majors are here not just the exxon mobil's but your mom those dupont's all of us are in a whole raft of businesses the fact that it's thirty and change billion dollars it could be it could have been two hundred billion obviously i mean i was going to ask that as a as a businessman are you frustrated when you look at the potential and then you see what politics is doing. work in this they know it it's extremely frustrating because whatever happened to free trade. you know the the core of anything diplomatic really lies in economics and when you have a free flow of trade the poor mostly becomes just that much more use easier. and you have people coming to you i mean me do you have many friends in the states and business contacts they come to you looking for advice if high to. come to rest what's the things that they are they bogged down in stereotypes and just interested well initially look we're all a product of what we hear what we see what's fed to us. and the reality here on the ground is so far different from what's present

can keep up with their economic ties and as an example he put forward exxon mobil the previous job of rex tillerson. but you smothered in there. despite all our current diplomatic differences we continue to have contacts with american firms including vast energy companies such as exxon mobil which rex tillerson used to head up and despite the fact that he is organizing searches in our diplomatic missions but we are resolving ongoing crises situations with his former. usually gave to listen a medal once but he seems to have ended up in a bad company and is headed in the wrong direction but i hope that the cooperation and friendship lead him back on the right path. when we were a member of that straight after washington made the decision to close the u.s. sorry the russian consulate in san francisco and other russian diplomatic promises the foreign ministry promised that they were going to come up with a reaction to this and we still haven't heard about any measures from the washing of officials so possibly they are still coming up or maybe not soon or find out and so you'll keep us upd

there are engineers from exxon/mobil, a company called echo, a company called tiger industrial.ame in along with city experts to try to get the watered pumping again. look here. photojournalist will zoom into that pump. a temporary pump set up coming from the neches river, which is normally the water comes from the neches river to this pumping station. but because the main pumping station up river, it has three pumps inside it is flooded and under water and the engines, the motor shorted out, that's done. they have to try to set up temporary pumping stations that are pumping water from the neches river into those orange pipes. look here. basically coming through this pipe here. and going -- up to -- the water treatment plant right here. now, it's slow going. they're trying to do tweaks to the system. they're trying to get this up and running, and, of course, there are different systems that need to be activated here, but they are trying to get the water going, and i'm here with actually a spokeswoman for exxon/mobil. ashley, talk about, tell me basically the efforts going on her

amy: we just did a toxic tour of toston over in baytown next the exxon mobil refinery.hink it is something like the second-largest refinery in the country. right by it, people flooded out. oo many have got t different aspects, but will one is the contract workers. they just lose their jobs when the refinery shuts down. and they also get flooded. ththe question is, w who will gt help and who want? but that issue, for examample, while the republican texas congressional delegation largely help from thevast northeast during superstorm sandy, clearly, texas will get billions of dollars for fema and rebuilt overall. how is it determined who get support and who doesn't? those way it works is individualals in those communities, in those families and households that have the resources and the wherewithal to maneuver through this maze of bureaucracy of following infoformation online, , getting accessss to the different organizations that can assist and support, getting the fema grants and the loans and all those things -- it is not rocket science, but it is not easy to do that. i

exxon mobil up 2%. oil up for a fourth day in a row. also upgraded at ubs from a neutral to a sell. , up 2%.ot gaining investors think the store will be incremental in rebuilding efforts. apple had been down 1%. that has a bit of a sentiment barometer. perhaps that is gaining after the debt ceiling extension was released. yield is where we did see a reaction. up for basis points. -- up four basis points. bonds are selling off. despite the fact that the stock gains are small, even bonds are selling off. investors feeling good in the near term about the debt ceiling extension. overall, a modest risk on tone today. julia: the vacancies at the federal reserve are mounting. stanley fischer is stepping down next month. he cited personal reasons in his letter of resignation to president donald trump. he said that three years as vice en said "stan's insights contributed in valuable monetary policy deliberations. he led our efforts to foster financial stability." michelle meyer, joining us from her office in new york. a huge opportunity for dona

because he once ran exxon mobil, and these activists say petrochemical giants are fueling climate change. they had a message for secretary tillerson. >> you've done the american people a disservice and future generations a disservice by leading a mock raid -- masquerade of climate disinformation. you are directly responsible. >> police were out in force. there was no trouble and tonight's march also raised funds for relief for victims of harvey. >>> close to 100 hurricane harvey rescue these arrived in maryland today -- rescued pets arrived in maryland today and more are expected in the coming days. >> reporter: i am at last chance animal rescue in waldorf, maryland, and this is alamo, one of the dogs saved from harvey.>> reporter: i am told almost every adult dog found fosters right away except for 12-year-old chesser and chandler. -- chester and chandler. >> i think i have his stuff over here somewhere but he got -- he had a bath and got some meds. >> reporter: fostering is the best way to get them acclimated to homes and some of them have only ever seen shelters. once ready, home -- p

building seawalls and other infrastructure to protect against the climate change targeting chevron, exxon mobil, conoco phillips, bp and shell. it says they ignored the warning of catastrophic global warming and discrediting it by discrediting the climate change. they say they are a public nuisance. >> they were aware of the risk that the products posed to the planet and decided to continue the massive production of fossil fuels. >> at least two other california counties and one city have filed similar lawsuits and chevron says it welcomes the attempt to address climate change but that these lawsuits don't do that. the other oil companies have not yet commented. >>> the california judge said the state attorney general description to repeal the gas tax is misleading and the superior court judge said that the ballot title focuses on eliminating road repair funding instead of clearly stating that the bill would repeal the new gas taxes and other fees. and april lawmakers voted to boost the gas taxes and other fees beginning november 1 to raise $5 billion a year's rope prepare -- a year for rope pr

come tog life with big oil getting a bounce from the weak dollar and irma's impending landfall exxon mobil3%. chevron, royal dutch shell, british petroleum all climbing 2% this is by a late day sell off in crude today energy still down over 14% year to date. the second worst performing sector in the s&p. so, do you buy this bounce let's get to the money now and find out dan? >> i don't think so. look at xle, almost 50% is three stocks we have a little bounce in that sector there's some reasons investors are looking to be a bit contrarian there to me, i don't buy them. we have a one-year chart if you look at how this stock has traded in december, is just you know, it's very well defined. use carter's term down trend here and it's yet to break out from there so yesterday, when it looks like it was going to get going, it failed at the down trend i think it sets up for traders who want to be nimble. >> it's often the case, we have a storm like this we had in the gulf and now, the most recent one, these can be a short-term catalyst to basically -- a price change that doesn't mean the long er te

diplomatic differences we continue to have contacts with american firms vast energy companies such as exxon mobil to which rex tillerson used to head up we also gave to listen a medal when you he seems to have ended up in a bad company and is headed in the wrong direction but i hope that the cooperation and friendship will lead him back on the right path. a political commentator we spoke to says continued talks between the two countries can only help move away from the current low in relations. with all the developments that are taking place . it may make the situation somewhat difficult but on many areas i think there is cooperation taking place between. moscow and washington us seeking a unilateral lying on many issues politically and also economically putting sanctions on russia putting sanctions on other countries where they score or iran it really doesn't help american business it doesn't help the european business because at the end of the day you know there was talk that america may be putting sanctions on chinese banks or any bank that it's trading with korea so sanctions the strategy has

differences we continue to have contacts with american firms including vast energy companies such as exxon mobil to make on which rex tillerson used to head up we also gave to listen in when you can he seems to have ended up in tried company and is headed in the wrong direction but i hope that cooperation and friendship which is to lead him back on the right path. we discussed the cooperation issues between washington and moscow with several experts here's what they told us it's extremely frustrating because whatever happened to free trade. you know. the core of anything diplomatic really lies in economics and when you have a free flow of trade. diplomacy becomes just that much more. president putin has always been corporation and it's the endemic raso phobia in the american deep state system that makes sure that that cooperation doesn't reach the proper level it should be at it's counterproductive for the u.s. as well because really it's driving russia away in many ways both financially and militarily and in terms of all kinds of cooperation in all spheres that will be in the long run will dama

climate denial bold now our entire government is made of big oil donald trump made the head of exxon mobil he's chakra terry of state hillary clinton flew around the world promoting fracking as secretary of state obama laid more oil pipeline that aerial from george w. bush invaded other countries just for oil the entire corporate state is it or you a gas orgy when everybody just just just talking and each other think they'd like to try rather find out who's foot is in their crap. thank you thank you. but it was a kissinger back there. wasn't sure i really know and and they don't care they don't care and you know why they don't care because the poor suffer the most and the soonest from climate change they they can afford to replace their homes or their lives or buy new cars with when their it doesn't cover it and by the way of course the surest isn't going to cover it they've never covered i don't know you did and on the initial application you you didn't put your car smelled like cat urine and that's ok that's a preexisting condition i'm sorry so yeah we're not we don't cover that in the c

differences we continue to have contacts with american firms including vast energy companies such as exxon mobil which rex tillerson used to head up we also gave tillerson a metal ones when you but he seems to have ended up in bad company and he's headed in the wrong direction but i hope that cooperation and friendship will lead him back on the right path. relations between moscow and washington are up for discussion and r.t. show you still think a with russia's new envoy to the un you can watch the full interview throughout the day here on our. present time he was campaigning in the afterwards he promised to deliver all improving u.s. russia relations but unfortunately due to many reasons i will not remember a the more or judge them he was not able to do so many countries privately and openly say that too much depends on the little asians and it's not appropriate solo these days. they should be improved and that will be for the best for the better of the world committed to improving these relations working together for the better of the world working together with the united states another part

those companies include bay area-based chevron, conocophillips, exxon mobil, shell and bp. both cities are asking for billions in compensation for past and future flooding, coastal erosion and property damage. >> many fossil fuel companies were aware of these effects. it continued to choose pro.s at the expense of residents. -- profits at the expense of residents. >> just like big tobacco, big oil knew the truth long ago. >> officials say public and private properties along the bay are in jeopardy. the lawsuit is similar to litigation against big tobacco companies in the '80s. >>> tonight the russia investigation has set its sights on twitter. the social media giant said it will neat with the senate intelligence committee next -- meet with the senate intelligence committee next week. the committee has been scrutinizing the spread of false news stories during the 2016 election. the panel has already heard from facebook. >>> tonight senate republicans say their new healthcare plan may be their best chance for getting rid of obamacare. veronica de la cruz explains what's in th

feel forgotten in the shadow of the second-largest refinery in this country and the shadow of the exxon mobil refinery? >> i would say yes. i would say yes.

differences we continue to have contacts with american firms including vast energy companies such as exxon mobil which rex tillerson used to head up we also gave to listen a medal once but he seems to have ended up in a bad company and is headed in the wrong direction but i hope that the corporation friendship will lead him back on the right path. so according to a lot of our putin there are still many areas where the two countries have worked together and will work together no matter what like space exploration and he hopes that some people in washington who are watching president couldn't call particularly wise won't spoil things the next time you don't want to do it you see we're ready to cooperate with the u.s. so no new cosmodrome unless any know it's who's from american agencies intervene back to the diplomatic scandal a u.s. state department official has told russian journalists that american officials did not break down doors or conduct searches at seized diplomatic premises of russia and the u.s. but we're remember that the russian president vladimir putin has promised to sue washington

differences we continue to have contacts with american firms including vast energy companies such as exxon mobil to which rex tillerson used to head up. gave to listen i'm. going to do seems to have ended up in a bad company and is headed in the wrong direction and i hope that the cooperation and friendship has to lead him back on the right path. a foreign affairs commentator we've spoken to says america's ruling class is against cooperation with russia despite it being a negative for the u.s. as well. president putin has always been keen on cooperation and it's the endemic raso phobia in the american deep state system that makes sure that cooperation doesn't reach the proper level it should be at it's counterproductive for the us as well because really it's driving russia away in many ways both financially and militarily and in terms of all kinds of cooperation in all spheres it will probably be in the long run will damage to the u.s. than it will to russia i think what really. present puts it on the russian or indeed are saying is we can escalate the stakes if you do as well we can also play h

s a then amazon with sales ringing in at over thirteen billion dollars followed by energy giant exxon mobil and general electric so all in all business seems good for american companies in germany with sales up three point two percent last year now and president trump regularly complains about the u.s. getting the short end of the stick when it comes to trade but u.s. companies judging by those numbers seem to be doing quite well abroad don't they actually they are and trade between the united states and germany is healthy kind of trade the problem with the trump critique is that it sees everything in this bilateral context and it's also missing the fact that what we have is an imbalance between domestic investment and domestic saving the domestic investment in germany is low in the domestic savings is high in the united states it's precisely the opposite it's these macro economic imbalances that's the problem it's not something about the toughness of competition the fairness of competition that's not what's driving these imbalances oh and from the free university of thank you very much to

exxon mobil is restarting refining operations at its baytown facility. a quarter of all american refining capacity. taken out by harken harvey. and it's not just big business trying to rebuild construction materials were in heavy demand that the local home improvement stor. spending money on the terrorists. money i will have. mario castaneda's came for supplies to fix his grandmother's flooded towns where i work tomorrow refiner industry. so. that's one one of the industries that we fear reigns you don't. at a time when he needs the money most. he's looking at two weeks without pay. they keep on calling us in silence let each day by day when i'm working today will work. maybe tomorrow not today and then eventually they told u. when i don't give it a shot. made me till the fifth. of last september. and the lack of activity in the wake of harken harvey. is hurting not just workers but the economy. is why there's such a push to get things moving again. michelle flurry bbc news houston. that's a reports the president trump ended the program known as deferred

differences we continue to have contacts with american firms including vast energy companies such as exxon mobil to which rex tillerson used to head up and despite the fact that he is organizing searches in all diplomatic mission and has been a resolving ongoing crisis situation. which we also gave to listen a medal well this is what he seems to have ended up in a bad company and he's headed in the wrong direction so you but i hope that the cooperation and friendship to lead him back on the right policy. when you were a member of that right after washington ordered to shut down these diplomatic missions russia promised to retaliate we haven't heard exactly what this retaliation is going to be but we also remember that vladimir putin promised to sue washington over this so of course we'll keep on hearing about this story in the near future nic. ok that's i think they were trying to with the latest on that thanks celia well let's discuss this further now and bring in yes i'm joined by international affairs commentator marco mistake as a thank you for joining us on the program now as we've just hea

exxon mobil is returning to production.ining capacity was taken out of american refining capacity was ta ken out by of american refining capacity was taken out by hurricane harvey. and it is not just taken out by hurricane harvey. and it is notjust big business trying to rebuild. there were big demands at local improvement stores. we are spending money that we don't have. mario came for supplies to fix his grandmother's flooded house. mario came for supplies to fix his grandmother's flooded houselj mario came for supplies to fix his grandmother's flooded house. i work ina grandmother's flooded house. i work in a refinery industry, so that is one of the main issues. if it rains, we don't work. at a time that we he needs the money most, is looking at two weeks without pay. they kept on telling us that we were going to work or not each day. when i go to work or not each day. when i go to work today, maybe tomorrow. eventually, they said that we might not be off to shop until the 5th of august. and that lack of activity in the

again with big oil getting a bounce from the weak dollar and hurricane irma's impending land fall exxon mobil3%. chevron, royal dutch shell, british petroleum all climbing 2% this despite a late day selloff. energy crude down over 14% year to date. the second worst performing sector in the s&p 500. do you buy this energy balance let's get in the money now and find out dan, do you buy into this? >> i don't think so. look at the ox le, almost 50% of the weight of that etf, we had a little bounce in that sector this week. there's obviously some reasons that investors are looking to be a bit contrarian there i don't buy it we have a one-year chart of this thing. if you look at how this stock has traded from the 52 week highs in december, it's well defined to use my main man carter's term, on a down trend it's about to break out of there. when it was looking like it was going to get going, it sets up as a good entry on the short side for traders who want to be nimble. >> guys, as often is the case, you have something like this, the storm we had in the gulf and now the most recent one, these types

differences we continue to have contacts with american firms including vast energy companies such as exxon mobil's america which rex tillerson used to head up just gave to listen to metal ones when you can but he seems to have ended up in a bad company and is headed in the wrong direction but i hope that the cooperation and friendship will lead him back on the right policies. so according to a lot of our approach there are still many areas where the two countries have worked together and will work together no matter what like space exploration and he hopes that some people in washington who are watching president couldn't call particularly wise won't spoil things next time. we are ready to cooperate with us on new calls maturity and you know it was from american agencies into the. back to the diplomatic scandal you was state department official household was a draw was that american officials did not break down doors or conduct searches at diplomatic premises of russia and the u.s. but we're remember that the russian president vladimir putin has promised to sue washington over this so we are bound