[background noises] think you guys so much. Thank you for being here. Im Lisa Freedman report on the some reporter for the New York Times and im very gratefulul to have 2dollar pans beginning with this one that is really going to drill down into a lot of the things that are covered. First let me introduce our panel all the way to my far right that director at the center and regulation markets at the Brookings Institution. The bernard l. Schwartz chair of policy development and the fellow in economic studies at berkeley and the fellow for the initiative for disabled energy policy. Adie tamer in the center is a senior fellow at Brookings Metro and an expert on infrastructure policy and urban economics. With a particular focus on transportation and digital technology. He hedine is working to better understand infrastructure policies from theic federal levl and how they Impact Economic Development social prosperity and and directly to my left Glenn Rudebusch a senior nonresident senior fel
Its wednesday 25th october. Im annita mcveigh. Welcome to bbc newsroom live. The uk economy is growing and at a faster rate than economists were expecting. The latest figures from the office for National Statistics paint a more positive picture of the economy. The figures show that the uk economy grew by 0. 4 between july and september. Most economists were expecting growth of 0. 3 which is how much the economy grew in the first two quarters. The bank of englands main Interest Rate is at the record low of 0. 25 . Todays Economic News increases the chances that the central bank will raise interests next month. Will raise Interest Rates next month. We can speak to our economics editor kamal ahmed. Why is the economy growing faster than many experts were predicting . think weve had better manufacturing news. Since the referendum, sterling has declined in value, which means oui has declined in value, which means our exports are has declined in value, which means oui exports are more has de
Im Francine Lacqua b the finishill talk to centralbank. Were looking forward to what they make of the latest with President Trump. Of course, President Trump shows here next thursday for t meeting. Mark . Mark the stoxx 600, a little bit lower. It is all about trump today. Which we will discuss in detail. Dollar. Up against the certainly a flight of safety today, benefiting the yen and euro. It is benefiting core government bonds. Yields declining. The german 10 year, 40 basis points, down by three basi gold is getting for a fifth. Onsecutive day, lets get to the bloomberg first word. Reporter all of the focus is on u. S. Political risk, but elsewhere, the country is considering expanding the laptop ban from flights from europe and beyond. That is according to a department of Homeland Security day the European Union asked the u. S. To refrain from banning laptops from the region, saying both sides stated to Work Together to curb the threat of terrorism. The democrats will pledge to off
They say the central bank has more tools if needed. If inflation dynamics change and if necessary, we would not hesitate to adjust our economic policies. Investors at glencores plans to spin off more assets as the embattled investors put their chile an mines up for share. Passing the government stress test trying to decommission germanys reactors. Good monday morning. Im susan lee. Coming up on the program, if europe needs swagger then ferrari can help. The car maker kicks off its ipo road show which could buy the firm almost 10 billion. Also, we go 100 meters below europe to take a tour of the Worlds Largest scientific laboratory. And europes got game, at least when it comes to football. We hear from a legend of the game, rio ferdinand. All this week on cnbc well be talking about why europe needs swagger. After nearly a decade of financial crises, bailouts and endless summits, europe is facing somewhat of a crisis. For all of its problems, we decided europe needs swagger. Firks lets l
With tom keene in new york. There has been a change in the landscape in the last two days. What i liked his we are going to talk to a smart set of people through all of surveillance this morning. They will join us later on radio. We have got doug of isi in this hour. And paul gate of Sanford Bernstein in our next hour. Smart experts on this commodity implosion. Guy setting you up for what is turned out to be an interesting tuesday morning. All those guys coming up. Lets get you the bloomberg news. Nejra thanks, guy. Chinas trade slump just keeps getting worse. Chinese exports fell in november for the fifth months in a row. And the drop in imports has now hit a record 13 months. The trade data comes a week after reports show chinas factory conditions fell to their weakest level in more than three years. For the first time authorities in beijing have raised an air pollution alert to the highest level. By one measure this mauga seven times the level considered dangerous to help it beijing