u. s. federal reserve during the 2008 financial disaster has just been award that no bell prize for economics is all corresponding. caleb, dan bernanke, he, he's the guy who shared the u. s. federal reserve bank from 2006 to 2014. now it's pretty well understood. those were not good years for the us economy. who can forget to 1000 a 1.7 percent hear loss of 37 points or so apple shares or just getting hammer this morning. we down by between $3.00 and $4.00 and a half percent generally across these markets. let's talk about the speed with which we are watching this market deteriorate. well, the man who's at the top of the u. s. federal reserve bank during all of this just got the nobel prize for economics seriously. he was 1st appointed to the feds board of governors in 2002. he made a splash for himself by talking about the dangers of deflation and methods that could be used to oppose deflation, giving birth to what's been called the bananas. doctor george w bush liked him so much. she promoted him

u. s. federal reserve chief during the 2008 financial crisis is among 3 economists awarded the nobel prize. ah, ah, hello president robinson has described russia's mirage of miss al fire on ukrainian cities as a response to terrorist attacks on russian territory. and he warned there could be an even tougher response. earlier russian missiles struck cities during rush hour on monday morning, killing civilians on destroying infrastructure. a bridge leading into the capitol has been damaged as well as intersections parks and tourist sites in the center of cave. residential neighborhoods were also targeted. it's the 1st attack on the city in months. the state emergency services says 5 people had been killed and many injured. explosions were also reported in the vivas, her no pill and ukraine's west denise pro on cramming shook and central ukraine is upper richer in the south and car keys in the east. so russia's precedent on roku, just as the strikes are in response to attacks by ukraine is up to you t

u. s. federal reserve at the time. he had the opportunity to put what he had researched 20 years earlier into practice, along with economist douglas diamond and philip to pick the 3 economists what awarded the noble price in economic finances on monday for their findings on the role of banks in crisis. and how to make them less valuable. the research, the fed has hip award to stuck to financial crisis and preventing costly bailouts. and i think the main thing is that it has allowed us to understand whole financial crisis develop on what to do. both on the basis of brennan's did research was another thing. the great depression of the 19 thirty's. it would probably have been a much my dear downturn, had financial institutions been protected from the run on savings. and if the fed had intervened more strongly, and a reminder of the top business stories way following for you here on t w. the moscow stock exchange punched on monday. it followed the bridge explosion that connects russia and crimea a crucial supply route for

u. s. federal pow has made it clear that he's willing to raise rates and risk recession to crush inflation. he said, now here in the, in the, you, we know that recession is more than likely around the corner. isn't it even more dangerous here, raising rates as we expect the e. c, b to do? i think that's probably right, sir, simply because of the nature of inflation in there in the u. actually in the eurozone is very different. and to the nature of our, of inflation in the us here, inflation is very much driven steadily at the beginning. i buy energy prices and i would have been an important to identify because this is what determines what they should be can do if you're going to raise interest rates without lic, resolving the for vanity prices are you doing is you're affecting their real economy. and without necessarily managing inflation, so it is dangerous. how can the resolve the issue of energy prices as it only been through the war, or will we see them settled down over time? and that actually

u. s. federal reserve bank is working to fight inflation. the result will be the economy contracting, and jobs will be slashed. this can be found in the wall street journal's recent survey of american economists. the number of experts predicting a recession in the next 12 months is up to 63 percent from 49 percent back in july . now cecilia rouse has some other claims. she says the housing market is cooling, this is true. the prices have dropped a bit from the peak, but what is this really showing? demand has fallen amid the economic slowdown. americans cannot afford to keep buying homes as they once did. so the prices are dropping, and that is not a good sign at all. a lot of c, e o, 's and representatives of the business community are sounding the law arm and saying that the biden white house is out of touch and that their policies are leading americans in the wrong direction. ceos are now preparing for near inevitable recessions in both the u. s. in europe. at the same time, ceo's continued to experience inflationary pressures with 59 per

u. s. economy is facing 40 your high inflation and response. the federal reserve has been increasing interest rates, which are expected to hit their highest level since 2007. the policy has also led to a 3rd of the u. s. dollars value. barking, a warning from the un amid fears of a global recession, with the economies of developing nations said to be especially vulnerable. the un says there's more than one way to lower inflation rate. market surveillance authorities could be mandated to intervene directly in exchange trading on an occasional basis by buying or selling derivatives. contracts with you to vote in price collapses or deflating. price bubbles, despite the spiraling debt on the home for washington isn't shying away from coughing up. even more cash and support for ukraine. the u. s. has approved a total of around $54000000000.00 and military economic and humanitarian. a key. so far, just this year. on top of that, joe biden has approved a new bill with another 12000000000 bucks worth of help ukraine geopolitical and market analysts. tom longo says

u. s. federal reserve and the white house. this is very clear that the fed and congress in the white house odds, really how the bed is that is at odds with what the congress wants to do and what the white house wants to do. and i think that that's a very important points important. i've been making for about a year and a half now since last june, when the fed began. what i would call south tightening by, by adjusting a very capital rate called the reverse refill rate, which when they raised the 5 basis points above the fed funds rate, the, the nominal benchmark rate blending rate that cause a tremendous drain of liquidity or dollar of put it around the world since then the reverse repo facility had about $450000000000.00 parked in in june of 2021. today. it's, it hit a high about $2.00 trillion dollars last week. and i think there's been a little bit of movement out of that in the last couple of days, but, you know, that's it. but the, the numbers are staggering. that that's all what you would call base money for the global ec

inflation in response to federal reserve has been increasing interest rates, which are expected to hit their highest levels is 2007. the policy has also led to a 3rd of the u. s. dollars value sparking a warning from the un i mid fears of a global recession with the economies of developing nations said to be especially vulnerable. meanwhile, around half of the applications for federal assistance after hurricane e n have been approved so far. that however, hasn't stopped washington from coughing up even more cash in support of ukraine, with some $54000000000.00 and military economic and humanitarian aid said to kiev so far, just this year. on top of this, president biden has approved a new bill with another 12000000000 bucks worth of help to ukraine. that's just 6000000000 less than the funds allocated to the u. s. federal emergency management agency. the move has enraged american taxpayers. no money for hurricane victims, but $12300000000.00 more for neo nazis and democrat slash funds in ukraine. iden, funding ukraine zelinski leaves florida and puerto rico underwater. so lensky seen on raft asking for donations from flooded florida residence was cross live n

u. s. general have consulted for crime . prince mohammad been so months defense ministry over the past half a dozen years. according to u. s. federal law military officers must get prior government approval. true receive any foreign funding or gifts, or by some veterans allegedly bypass authorization and others have sought for unemployment while still an active duty. well, despite saudi arabia being accused of human rights abuses, the 2 countries have maintained economic and political cooperation for years. the washington post article, however, comes of a time when u. s. saudi relations appear to be worsening. joe biden himself recently warned of consequences for re joining other opec plus countries in cutting oil. i thought there's going to be some consequences for what they've done with russia. what kind of consequences went into says suspend all arms sales. is that something you'd consider? i'm not going to get into what i'd consider and what i have in mind, but there will be, there will be consequences. we sell massive amounts of arms to the saudis. i think we need to rethink those sales. i think we need to list the exemption t

u. s. federal reserve is seen by many experts as the reason most major currencies have fallen against the us dollar this year. this is happening despite 40 year record high inflation hitting the u. s. itself. this stimulus, inflation and raising of interest rates, something western countries have with are refusing to do for years comes amid a decent income, it crosses worse and by skyrocketing fuel prices. o rasmussen, executive vice president of the reasons center says the only way out of the current mess, sir, is still supply chains through reconciliation with russia. there's an easy thing that the major countries that are hit with right now and, and are basically facing economic collapse because what they have right now is in the double digits, but it's just going to be much worse next year. i do not see this improving next year. i think we'll see inflation double again. what can be done? well, the most common sense, and i realize politically it will not occur is to back off of the situation wit

u. s. federal reserve for leading a global policy that's caused interest rates to spike all over the world. everybody has to follow because otherwise their currency will be devalued. everybody is running to increase interest rates. this will bring us to a world recession. so again, just as the u. s. had led the charge urging europe to impose crippling sanctions that would bear lap act washington in the financial well to the you asked police to blind to the you in the u. k. in say, recession because they have no other options. the occurrences would collapse, as the landscape becomes increasingly worse and for the europeans, they're taken to the streets to voice their concerns. that as the energy bill since the sama have clearly shown what direction this has all been going in, but their political elliots weren't paying attention focused on loan, bringing russia to its knees, whatever the cost. and now it seems that brussels can finally see the writing on the wall. europe has sat itself on the distrac

u. s. federal court to paying millions of dollars to isis and out. those are the key. one of his plans operating in syria. my company has been fined almost $800000000.00 with a deputy attorney general. lisa monica, i think it helped finance violent a terror groups in its pursuit of profit lafarge, and its top executive not only broke the law. they helped finance a violent reign of terror that isis and almost reign post, and the people of syria. well as cost life to ortiz, contribute to rachel marston way to get to see you. could you take us through what happened in court? sure, so the french company la, found for the factory located between 11 and the turkish border that had just opened in the year, fired to the conflict and syria popping off in 2011 another western proxy war in energy strategic state. western back syrian rebels ultimately failed to our president, bashar, all sad, well gee, how does groups flooded the zone to exploit the chaos? so how does a company heap operating in inactive war zone? well, by paying off the g, hottest troops on the battlefield, where

u. s. federal reserve. at the time, he had the opportunity to put what he had researched 20 years earlier into practice, along with economist douglas diamond and philip to pick the 3 economists what awarded the nobel prize in economic sciences on monday for their findings on the role of banks and crisis and how to make them less vulnerable. the research, the fed has helped avoid destructive financial crisis and preventing costly bailouts. and i think the main thing is that it has the last on the sound, whole financial crisis, the relo on what to do, welcome. the basis of bronowski research was among other things, the great depression of the 19 thirty's. it would probably have been a much my downturn, had financial institutions been protected from the run on savings. and if the fed had intervened more strongly, you are. so maker has completed an ambitious documentary on the holocaust. kimber looks at america's response to the nazi threat. and he has uncovered some awkward troops. he told the w. washington bu

u. s. federal reserve has been by far the most significant player in this shifting global economic policy making. it's raised its interest rate by 3 quarters of a point for the 3rd time last week, and signaling the more large rate hikes are to come. the european central banks expected to continue increasing rates in october b. c. b is now seen taking its own interest rate to almost 3 percent next year from 0.75 percent. now, the 1st national bank carried out the biggest height ever to key lending rate, ending several years of negative interest rates in switzerland, indonesia, taiwan, the philippines and the south africa are also among the countries where rates have been lifted. but unlike the rest of the world, china has cut interest rates twice this year. inflation in the country is far lower than in the u. s. and other countries, or the dollar serves to a new to decade high after the federal reserve raised interest rates last week. it's mainly against europe's single currency, the euro, which fal

u. s. federal reserve during the 2008 global financial crisis. halries as more now from stock economists were spoken to harold, please. the a prize has gone to a trio of laureates whose work has practical applications. there. there were searches, has its roots in the depression of the 19 thirties and is focused on the role of banks and the economy and why it's so important to avoid banking collapses. it's also focused in on a inherent contradiction in the capitalist system or the one hand banks are important for a funnelling money from savings to investments. but that also creates an inherent weakness. people who've save money want inside instant access to their savings. people who are investing don't want to suddenly have to pay back their loans. normally, this works pretty well. there's enough savers at the noble committee of cited these laureates, work as enabling governments to know how they can proper banks during crises. not always something that is universally popular, but to ensure banks do