Help us signs a contract for 20 new planes with an option airbus signs a contract for 20 new planes with an option for more. The ceo tells us he is confident emirates will continue flying high despite pressures facing regional customers. It is 8 00 a. M. In dubai. This is Bloomberg Markets middle east. I am yousef gamal eldin. We are off to a cautious start. Ive rebound in selective markets in the asian equity session. Gmm is your function. Quite a bit of strength on the kospi. India up. 8 . The backdrop is a weaker u. S. Dollar, and notably so. It is in the bottom of your second column on your bloomberg. Investors on edge after an inquiry into the financial system. The sovereign bond and commodities space, two things to point out. Comeback,al making a rubber up, downside on zinc. Energy, the bearish data did come out on friday with more rigs added to the u. S. Production story. Wti rebounding, up 1. 1 . A little bit of that coming through from the weaker dollar. Gold, that key inflati
From rain in south and southeast asia. And Prime Minister Benjamin Netanyahu gets online to urge u. S. Jewish groups for the iran nuclear deal. A rare breakthrough with israel and palestine for the first time in a decade and allowed into gaza to play a game. Thank you for joining us. 2015 is on track to become one of the deadliest years yet for migrants crossing from north africa to europe according to the International Organization for migration and said 2000 people died since january, that is 400 more than the same period last year. Approximately 188,000 migrants have been rescued and the numbers are likely to grow as more try to cross during the warm summer months. Once they reach italy many migrants then try to go to northern europe, between 35,000 people are camping in largely squaller conditions in the north town of cali hoping to cross the English Channel and reach the u. K. More on that situation this a moment and first lets hear from the International Organization for migratio
We are engaging in the two both Justice Department but also fbi and others to engage in talks constructively for these companies. The Business Models keep changing. This late expertise on have a technically work resides in the private hands. In some of these models one may be we are a business and we are building a platform for people to talk and share ideas into business. Their Business Model is not we want to have that model used by terrorists to get people inside the tiny. Thats not the point of the Business Model. When we talk to these companies now theres an awareness that same platform they used for good is been used to target the people on the platform. Its Good Business to make sure your platform a safe, i would hope come in addition to being good patriotic duty. We are seeing that shared commonality of interest. What you are seeing is increased investment in resources, both Human Resources in order to identify the terrorists on your site or targeting children are those who are
Methamphetamine. 36yearold Sayyadina Thomas is sitting in jail charged with felony child abuse for allegedly forcing meth into a twoyearold boys mouth. It happened monday afternoon as a boy named griffin was with his nanny and another toddler at the play structure of peoples park in berkeley. The nanny was apparently unaware that the park is frequented by the mentally ill and drug users. Witnesses say thomas saw griffin asking if he wanted candy and then grabbed him. She grabbed the child by the back of the head and forced it into his mouth. I have a doctor of my own. I reacted and ran straight up to her. She ran straight off the boys nanny checked his mouth and found nothing. Still she called Uc Berkeley Police we are at peoples park and a report of a child having something in his mouth. She told police that thomas was a stranger to them interactions were unprovoked. Officers arrested thomas who told police she gave the bowl boy a tootsie roll. Later, she told paramedics it was actual
Emirates. Angie it is just past noon, welcome to Bloomberg Markets middle east. Today it is a reversal of yesterday. There was a concern about the fallout over italy but when markets will help this morning here in asia, they are just following this global rally, a relief rally, you could say. Yousef it is a relief rally. Some of these moves are simply remarkable. I put up this chart which shows you some of the volatility. This is what you can pull out on your bloomberg, and we have also added what happened with the trunk win in november. Two lines, eurodollar one week implied volatility, the vix. You can see the spike ahead of the announcement of the u. S. Election, then look what happens in the runup to the italian referendum and how it abates. Bloomberg strategists making it clear there is little reason for the implied volatility. The markets want to focus on extension of qe in the eurozone, and the other one will be the decision from the fed. You are looking at later on in the curve