German figures. Italy is in line. The gdp portion, it is more important what mario draghi is looking at. Tom absolutely. You see the economy growing less in the initial estimate, which gets back to the carney announcement yesterday of a lower forecast from britain. You wonder where the dynamic is, where a economies will pick up in 2016. I have not seen it yet other than the one german item this morning. Belowne a touch estimates. The real question, how much does it have to do with a weaker euro, and how much does it have to do with real growth spurred by economic reform . Lets get to the first word news. Nejra you have the numbers from the euro zone as a whole. Germanys economy grew at the fastest rate in two years. Gdp rose7 10 tense of a percent beating estimates. Thoughfset record unemployment in germany which has boosted consumer spending. A report says the European Unions Naval Operation to stop people smugglers in the mediterranean isnt working. Lawmakers in the house of lords sa
Begin in august. The state of michigan is paying all the water bills for flint residence this month. Hell wait toays debate the official president ial nominee and not candidate bernie sanders. The senators campaign released a statement reiterating its interest in debating trump, saying the campaign has received two offers by tv networks. Global news 24 hours a day powered by our 2400 journalists in 160 news bureau around the world. I am mark crumpton. Bloomberg west is next. Emily im emily chang and this is bloomberg west. Coming up, the plot thickens around the 81 million heist be a bangladesh central bank. Is the infamous group behind the sony hack behind it . Plus well speaking to a former employee about his experiences in the facebook unit. Plus are cell phones increasing our risks of cancer . Some scary findings for the very first time. But first to our lead and i report from the Cyber Security firm that suggests a recent hack on the central bank of bangladesh in which delrds 81 m
Debating trump. Saying the campaign has received offers by two tv networks looking to air the event. From the bloomberg newsroom im mark crumpton. Bloomberg west is next. Emily im emily chang and this is bloomberg west. Coming up, the plot thickens around the 81 million heist be a bangladesh central bank. Is the infamous group behind the sony hack behind it . Plus well speaking to a former employee about his experiences in the facebook unit. Plus are cell phones increasing our risks of cancer . Some scary findings for the very first time. But first to our lead and i report from the Cyber Security firm that suggests a recent hack on the central bank of bangladesh in which delrds 81 million was stolen. This may be just the latest in string of attacks on a swiss network. The report links the bangladesh breach 000 to an october attack on a bnk in the philippines and the same group are plamed for stealing millions from an ecuadorean group. So how vulnerable is the rest of the flinl industry
We are saying he is less like than the former Prime Minister of italy. Over the last 10 years, democracy has waned all over the world after it being on the upswing. , freedomok at freedoms is on the downswing as well. More and more, you see leaders described him as having a blow torch manner. Rump, coming t to the four. We talk about thailand and leaderswhere you have who have been elected and act like thel it hasnt made situation better, so maybe they will try something different. Ellen it feels like it is breaking down, even if you look longterm at the numbers. , longterm do better in democracies than to tell a shery ahn states. In the short term, people are not making that connection. Carol you take a look at a test that could determine a better life for kids in china. Have the high test, a more important sat. It determines where youre going to university or college. Students in rural areas are not as ready for these tests as urban areas. Are talking about equalizing it, making it e
You are taking that argument apart this week. Ellen yes, we are saying he is less like mussolini than the former Prime Minister of italy. Over the last 10 years, democracy has waned all over the world after it being on the upswing. If you look at freedoms, freedom is on the downswing as well. More and more, you see leaders describe him as having a blow torch manner. Leaders like trump who are a little bit in that mold coming to the fore. David using the media in the way that berlusconi did. Ellen right. We talk about thailand and turkey, where you have leaders who have been elected and act like david like autocratic, yeah. Carol people say, democracy has not made the situation that much better, so maybe they will try something different. Ellen exactly. The connection between democracy and economic growth, it feels like it is breaking down, even if you look longterm at the numbers. The economy, longterm do better in democracies than totalitarian states. In the short term, people are not