It is important for the future of the city of london. We have to face our social and environmental challenges. Lives are being saved for very small amounts of money. It is all straight ahead on bloomberg best. Haslinda hello, i am Haslinda Amin. From the Worlds Economic Forum in doubles, switzerland, welcome to us to show edition of bloomberg best. We have met with the most influential people in the world discussing what they think are some of the most challenging things facing business and society. We have also been keeping our eye on the stories shaping business around the world. Starting with yesterday with the agreement to reopen the u. S. Government. Sanders, duly chosen and sworn, the motion is agreed to. Reporter the senate moving to end of the u. S. Government shutdown after three days with a temporary spending bill funding the government through february 8. Reporter President Trump has signed a bill to end the government shut down which leaves the dreamers fate still unresolve
Topics of high importance. It is important for the future of the city of london. We have to face our social and environmental challenges. Lives are being saved for very small amounts of money. It is all straight ahead on bloomberg best. Haslinda hello, i am haslinda amin. From the Worlds Economic Forum in doubles, switzerland, welcome to us to show edition of bloomberg best. We have met with the most influential people in the world , discussing what they think are some of the most challenging things facing business and society. We have also been keeping our eye on the stories shaping business around the world. Starting with yesterday with the agreement to reopen the u. S. Government. Senators, duly chosen and sworn, the motion is agreed to. Reporter the senate moving to end of the u. S. Government shutdown after three days with a temporary spending bill funding the government through february 8. Reporter President Trump has signed a bill to end the government shut down which leaves the
Brendan the Chinese Government seems to be in full panic trying to throw things at this to see what they can fix. Tom we mentioned barclays news. Jenkins is out at barclays. Here is vonnie quinn. Vonnie another round of Government Support measures the benchmark shanghai composite index is down more than 30 since june 12 through investors have suffered more than 3 trillion loss on paper. The Chinese Government has taken steps to prop up more cap stocks. At one point participants were locked out of 71 of the market. Foreign investors continue to sell holdings at a record pace. European leaders have given greece a new deadline. Expect a rescue plan by sunday or face being kicked out of the euro. The greek government is told to come up with new proposals. Angela merkel says she is not optimistic. This morning at the european parliament, the greek Prime Minister promised to deliver. Prime minister Singh Tsipras i am confident in the few days we are able to meet the obligations of the crucia
This way. It is all about implementation. We expect greece to deliver results in the next coming days. This will mean legislation passed in the Greek Parliament to show that the will to the reform is really there. And of course there are a lot of discussions needed in the parliaments of many member states, including estonia. If greece shows good will, i believe this is doable. Nejra one of the big issues through the discussions was trust. Do you trust greeks to implement what they say they will . It is clear that trust has been lost and i can also put it this way, we can slowly rebuild it. It doesnt grow very fast. Today was a step in the right direction. Nejra i understand that this fund has been set up and part of it will go toward recapitalizing greek banks. Talk to me about what else, if anything, is going to be done in the coming days and weeks. I think the liquidity issues are up to ecb to explain. This is not something i can comment. In terms of recapitalization, we see the bank
Right now we need to get you caught up here and here are the top headlines with vonnie quinn. Vonnie Alexis Tsipras has run up the white flag. Calling for immediate action to a with a bailout. Plus, greece will have to transfer 55 billion worth of assets to a holding company. German chancellor Angela Merkel says it is about time for greece to take responsibility. Angela merkel trust has indeed been lost but we all know that what will the important is to implement what we have agreed on doing. Vonnie tsipras own party mutinied when he asked for the endorsement of a new austerity program. A new deal on the Iran Nuclear Program could be announced as soon as today. Negotiators want to stop iran from making nuclear weapons. Any deal would still have to be reviewed by congress. Senate Majority Leader Mitch Mcconnell told fox an agreement would be a difficult sell. The crowded field for the republican president ial nomination gets bigger today. Scott walker will join the race or he became the