Refused to stand down during talks with senior officials from his ruling party. A meeting to discuss his future was held at his official residence in pretoria. Mr zuma, who is 75, is facing allegations of corruption. Hes previously survived several votes of no confidence in parliament. Andrew harding reports from johannesburg. Hes swamped by scandal. South africas president , jacob zuma, has already been found guilty of breaking his oath of office when he upgraded his private home lavishly at the taxpayers expense. More recently, his friendship with the controversial business family, the guptas, has fuelled allegations of massive corruption state capture, they call it here. During the zuma presidency, south africa has floundered. The economy is struggling and unemployment is soaring, amid a sense that senior officials could get away with anything. But in december, zuma and his allies lost control of the governing anc. The new man, Cyril Ramaphosa, promising to end impunity. Everyone ag
A top cyclist pulse out of pulls out of the tower tear Tour De France with suspected says tick lar cancer. The greek primetesttesticular cancer. Third bailout greece has been granted since 2010. Calls for tough new new reforms tax increases and changes to retirement benefits. Jacky rowland reports. Reporter a deal at last. After talks that lasted all night, euro leaders announced they avoided the worst result, a grexit. After 17 hours of negotiations we have finally reached it. Someone can say that we have an agreekment. But it is no laughing matter for the greeks. They need to adopt a large platform of reforms in the next few days and agree to sell off 50 billion euros of state assets. An exhausted Alexis Tsipras tried to put the best possible light on it. We prevented the plan of financial asphyxiation and the collapse of the financial system. A plan that was designed up to its last detail perfectly and recently it started to be implemented. Finally we secured the restructuring of th
And the organization of american states investigates the deportation of haitians there the dominican republic. Hello. Greek Prime Minister has just a couple of days to convince the parliament to support the bailout deal. It will give greece 86 billion of financing over the next three years. It means a new wave of austerity for the greek people. Tax hikes privatization liberalization of Prime Minister staplesalexis tsipras has until wednesday, and only then will the deal finally be sealed. Jacky rowland reports from brussels. A deal at last, after talks that lasted all night, european unioneuropeanleaders announce they avoided the worst conclusion. We have finally reached it. Someone can say that we have an agreekment. It is no laughing matter for the greeks. They need to dont a adopt a large package and agree to sell off 50 billion euros of state assets. Alexis tsipras tried to put the best possible gloss on it. Translator the deal is difficult but we have prevented the transfer of pub
Good morning. Welcome to Worldwide Exchange. Im sara eisen. Im wilfred frost. What is that song . You know this song. I do not know that song. More importantly, welcome back. Thank you. Nice couple days off . Missed you. Glad to be back. Good. Good. Great to have you back. Lets get into the market action. Yesterday we saw some softness around about half a percent down for the dow and s p, a quarter percent for the nasdaq. Only financials outperforming. Banks leading the way up around 1 . It was the regional banks that did best of all. Equities expecting a positive open, but only fractionally about points higher for the dow. Lets look at the tenyear note. Thats a big fact tore watch over the past couple of days. Yields have ticked up significantly. 1. 68 . Just four or five trading days ago we were down 1. 5 . Lots of factors being cited, partly rising european yields, talks of tapers on ecb trading. I cant believe i leave and we get a historic move in the british pound. We have not eve
You see behind us, it is cooled off a bit. The dow is down about 15 points. But keep in mind, folks, we have seen huge moves in stocks, bonds and the dollar. Just since the election. And watch out for oil. Crude oil hitting a new threemonth low. Well have more on what is driving oil prices down straight ahead. Tyler . Thank you very much, brian. Tyler mathisen here. Here is what else is happening at this hour. Strong after shocks continue to rock new zealand following sundays 7. 8 magnitude earthquake. U. P. S. , air maintenance workers, voting to strike as contract negotiations stall. And the Transportation Department is setting new rules requiring electric and hybrid cars to emit sounds by 2018. So they cant sneak up on you anymore. We got a busy two hours ahead and we kick it off with the market, the dow, as brian mentioned, briefly hitting a record high at the open. It has since pulled back a bit. Despite the pullback, there are some notable standouts, often are, almost always are.