Bit. Right now we start with vonnie quinn. Vonnie good morning. Greece has made the deadline it could not afford making payments totaling 7. 4 billion to a number of creditors including the imf and the European Central bank. Greece got a bridge loan after its parliament agreed on new austerity measures. Greek banks reopened for the first time in three weeks but there are limits on withdrawals. Angela merkel says that is one of the reasons bailout cost need to go quickly. Merkel is also suggesting greece get limited that bullies, but she will Debt Forgiveness at 30 to 40 , that cannot happen in a Currency Union. It can happen outside of Currency Union but not within a Currency Union. Vonnie the price of gold has gone to a fiveyear low, down more than 1. 5 today. Analysts say there are a number of reasons. The fed is set to boost Interest Rates today, which favors the dollar. There is a demand for gold in china. Donald trump is doubling down on his attack on john mccain or he wrote an op
The fire. Scandal at uber, chief executive, Travis Kalanick resigned. Trouble for commuters in record heat, temperatures in london reach 34 heat, temperatures in london reach 3a celsius. We are going to start with the times, theresa may facing result over brexit laws, threat to timetable from scotland and the lords. Theresa may, get another hurdle for her to get over now, she is facing, she obviously, as we know, house of lords, pro euro. Now we have the latest development, Scottish Parliament, rumours abound at westminster today that everyone is very worried All Of A Sudden that Scottish Parliament could block brexit, that is not the case, i would not say, but what they can do is and what they may do is very complex is, when do legislation goes through, eight in the queens speech today, if there are any part of legislation that affect areas like scotland, that has to go to the parliament to vote on. They do not have a veto on this but they have a vote. It may be something they vote ag
Also the very strong understanding the Climate Change is not only happening, but have been happening for a long time and i was going to be a clear determining for future disaster risk evolution. So the organization i represent is a relatively modest office, but what is not modest i would say is the International Partnership is built around the International Strategy for design to your reduction, they said thierry, which has one foot in the u. N. And one and the rest of the world. We can only build on science. You have to work with government supporters business, parliamentarians, with any stakeholder that understands and is willing to engage in education and managing risk for the future. The first product to the first idea that people that got together in the early parts of the decade serenade instrument for international cooperation. That is key here. They started working on what became the framework for action. I hope at least 10 of you have heard about this. Maybe. Im used to it not