Is recently pertaining to the prolonged presence of uncertainties related to geopolitical factors the rising threat to protection is an vulnerabilities in emerging markets. I was easy be president mario draghi just a short while ago at the press conference us present donald trump has been swift to respond to the east peace decision taking to his favorite medium to express himself in a tweet he said theyre trying and succeeding in depreciating the euro against the very strong a dollar hurting us exports and the fed sits and sits and sits they get paid to borrow money while we are paying interest well what are we to make of all this lets go to come up was now a man in frankfurt and under your hang also joins us in singapore and i hope we both have them on the screen and just a 2nd and i hope they can hear me already because i would like to start with you can there you are more rate cuts and a fresh Bond Purchasing Program the right move for eurozone economies do you think. Well the e. C.
Page. Boris johnson will suspend parliament next month to limit debate on a no deal divorce. Joining chinas internet leaders to discuss the future of Artificial Intelligence. This trip threatens to annoy President Trump. Marketset a check of and how they closed at the end of the u. S. Session. The dow adding 258. 12 s p 500 was down. 7 . Everyone was in the green except for utilities. Energy shares beating utilities. The u. S. For more than expected. The volatility was low. Not volatility, but volume. Trading was around 15 below average. And lets look at how we are setting up in asia. Nexta we are set for a open in asia. We are waiting for the latest on the trade headlines as investors are held captive. But we did get positive news that chinese negotiators are talks. D to come for it looks like nikkei futures will open a bit lower, down about. 1 right now. That is going to be reversing the gains of two Straight Days. Futures like half the have little change and we saw it open up around
Return to growth. Results expected to confirm a 60 drop in operating profit rate and south korea Industrial Production for the month of june, when it comes to the seasonally adjusted monthtomonth we are seeing growth of 0. 2 . But still growth recovery from the contraction we saw in the previous. Estimates ofssing growth of 0. 3 . The number for may has been revised to a smaller concoction that it was thought initially, to a contraction of 1. 3 from a. Yearonyear, it is a bigger contraction than expected, a contraction of 2. 9 . The estimate was for a fall of 2 . It would mark the second consecutive month that the year on year gauge is in contraction for factory outputs and south korea. So both numbers missing estimates. The bigger fall is on the ronyear number from 2. 9 of 2. 0 . A down cycle in the Semiconductor Sector weighing on the economy. We are getting export numbers later in the week. That is also expected to contract for eight consecutive months. Already the first 20 days of
Federal Aviation Administration began to fear an actual commercial jetliner could be next the f. A. A. Says the nearest civil aircraft was around 80 kilometers away when the strike happened in the busy section of sky it clearly thinks thats too close for comfort and is banned u. S. Registered planes from flying over rainy administered waters in the persian gulf and go for them on warning they could be mistakenly attacked that warning has been heeded by other carriers around the World Malaysia Airlines is rerouting flights that would normally pass through the area including its service between london and kuala lumpur. Other airlines feeling sufficiently alarmed to follow suit includes germanys australias quantas k l m of the netherlands and British Airways they all say theyll divert around the area effecting some long haul flights between western europe and parts of asia and australia at the same Time United Airlines has canceled all flights between new york among by until further notic
This is one of the most dangerous jobs in the world Ship Breaking in bangladesh. Workers here, these colossal structures of parts so that the materials can be reused a result that exposes them to spontaneous explosions. Falling chunks of steel and toxic materials on the to say, im not as best as i say. The thing gave me gloves and still a huge number of ships are dismantled in yards like these ones theyre out of use. Most vessels that are scrapped originally belonged to companies in europe, east asia and south east asia, and 80 percent of their scrap ends up on these 3 beaches and bangladesh, india, and pockets on and many cases illegally. A long chain of pretty actors make this possible. But how does this chain work . Whats in it for the shipping companies . And is there a way out you may not notice it in your day to day life, but ships are everywhere. Know really about 90 percent of our goods are transported over the waves and the volume is only set to increase. It doesnt matter whet