Damage ahead. Early today starts right now. Good monday morning to you. Im ayman mohyeldin. Im betty nguyen. Greece has a deal just a short time ago. European leaders have introduced they have reached and agreement with greece to resolve its debt. 17 hours of allnight talks in brussels an agreement has been reached and include serious reforms and financial support. German chancellor angel merkel is behind the agreement and will recommend the deal to parliament so keep an eye on stock futures and see the reaction from the World Markets today. An International Manhunt is under way for the head of a drug cartel who escaped from his prison cell. It was a prison break by joaquin guzman, nicknamed el chapo. Mark potter has the details. Reporter when joaquin guzman, the notorious kingpin known as el chapo was arrested in february of last year, after a 13year manhunt, mexican authorities bragged they were cracking down hard on major drug traffickers and promised he would never escape from thei
On the greek island. The billion dollars truck cause seized by the u. S. Coast guard. At least 47 people the death toll suspected in a blast in nigerias northeast, the military and witnesses have confirmed the explosion. At least 50 were hurt, the regions where hundreds have been killed in attacks by suspected memberrens of the islamic group. Our correspondent is there, what do you know about what happened so far . Looking to find maximum thats what has happened. 47 people dead, they are saying that the fatalities may arise bought of the severity of the influence, and this is happening at a time when the military is bringing the operations against boko haram. That area of the country, under boko haram control. Much of the area, has been liberated. The lassiter story the military said was taken away or back from boko haram was about a month ago. That was when the military declared that no nigerian territories and control. In the last two months or so, in particular, have seen the milita
Katrina,. Cam inpaers saying new orleans is more divided than ever before. And. Reporting from northern ethiopia, where conservationallist are struggling to save over 1500 years of christian heritage in the churches. Hello there, thank you for joining us. Of the thousands of refugees arriving on the shores, the vast majority are fleeing the conflict in syria. European countries are not the only ones effected, turkeys ambassador, to the e. U. Has warned that the country is at capacity and says that up to 1 million more people may flee syria if the fighting intensifies. According to the United Nations, by mid august, 158,000 people have reached greece by sea. Thats puts arrives ahead of italy, where so far 90,000 have come ashore. Now leaders in the western nations are meeting e. U. Poll sixes in a bid to define a common strategy. To deal with the worst crisis since world war ii. The conference dozens of refugees have been found dead in a truck on an austrian highway. Many ever from vina
Will talk tough on trade with china when he visits asia next week we look at whats at stake. Do we need to regulate social media . Well, this us senator definitely thinks so, hell tell us why. Welcome to World Business report. Im jamie robertson. Ina in a moment we will be talking more of doubt the impact of that congress, because today marks the last day of the five yearly congress in china, and has confirmed xi jinping will be given a second five year term. He will be leader for the next five years. Xi will even have his name inscribed in the partys constitution, placing him alongside mao in the chinese pantheon. But as xi consolidates his power, america is ramping up the pressure. On monday, the white house said that on his forthcoming trip to asia next week President Trump will press china to cease what the white house calls its predatory trade practices. And he will do that by addressing the problem of chinas trade barriers. And there is a lot at stake. So far this year the us has
It is monday morning, time to look at your data and what it is telling us. There is a little bit of a rally european stocks. Oc crude is the story of the day 48. 93. The nymex is up the tory government, after the weeks we had from the labor manifesto, the pound 1. 2924. We will have more on those equities rising in the optimism surrounding the Chinese International spending plan infrastructure, but first lets get to the bloomberg first word news. An unrivaled global cyber attack will continue claiming victims today as people return to work. Even after hospitals and other facilities gains the upper hand against the malware, it affected organizations and businesses, including the National Health service, russias ministry of interior and nissan. Saudihas jumped after arabia and russia said they favor extending Oil Output Cuts through the end of the First Quarter of next year. The Energy Ministers of the Worlds Biggest Oil producer spoke at a joint News Conference in beijing. We have to th