Rosalind protesters keep pushing for concessions in hong kong. The u. K. Parliament takes a stand against a nodeal brexit. Parliament saying clearly we will not take kindly if you try and bypass us. Rosalind ibm and red hat seal one of the biggest tech deals ever. We will help extend their reach into 175 countries. Rosalind plus, kkrs henry mcvey says recession may be coming, but investors should not fear the worst. If i were to quote shakespeare, it is sound and fury signifying nothing. Rosalind it is all straight ahead on bloomberg best. Hello and welcome. I am rosalind chin, and this is bloomberg best, your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets start with a daybyday look at the top headlines. Deutsche bank announced a dramatic overhaul of its Global Operations in the struggling lenders latest attempt at a turnaround. David a banking bombshell. Deutsche bank announced a fundamental change in its bu
Permission to dock by the Italian Government malta offered to take the vessel but the crew declared a state of emergency government so you dont think you could be in bed we are in emergency conditions that force is to go to the nearest port we finished our food and Water Supplies we are overcrowded with several cases of physical pain coast principally by hot weather his boat is not suited to remain for 45 hours in these conditions therefore we ask you to risk or to report. The island of lampedusa is closer to north africa than italy but migrants arent welcome. Last month italys interior minister and deputy Prime Minister met they are said vinie issued to korean posing heavy fines a migrant boats which trespass into italian waters. You know yeah i am not reopening italian ports especially if you ask me to there is a german ship and then you take care of it or we put them all on a bus in front of the German Embassy thats enough and this applies to the french the dutch and to anyone who t
Companies do not have you know Security Architecture that at some countries risk said heaven for you know terrorist or criminal organized criminals the government say theyre working to stop that from happening. We have decided to escalate our security approach in dealing with these attacks and violence so thats africa union will come in and take charge. This way the seller region will be safer and all the flashpoints can be contained in the solved by africans themselves on the african continent of Free Trade Agreement is expected to create the walls the largest Single Market of the continent is home to one and a quarter 1000000000 africans leaders hope that the Free Trade Agreement will help create jobs and spiking a growth but its not clear whether investors will boban look at internal strife in many african countries and bring in the much needed capital to boost production of goods and services. African entrepreneur say the agreement could be the answer to the continents many problem
Breath. Reports about the scrapping yield curve control along with buying of etfs and all with rate hike potentially. Lets look at how markets and japan are faring. You get the sense regardless of the normalization of policy, markets believe the nikkei can run higher. The fundamentals are intact amid all this Corporate Governance improvement. We saw it decline in the morning session but it did close 2. 7 higher just yesterday. We see in the options market, for example, the contracts for the strike price above the 41,000 level. Those were actively traded. Regardless of the normalization we see today, we still need to see negative real rates persist. That will mean yields will take a while to climb in japan. Between the u. S. And japan, given the yield gap, that will put pressure on the yen. The yen has been well behaved. You feel the sense that the feds move will matter more for this currency pair. Lets take a look at how it has been faring since the past four months. Based on the impli
to hear her first here outfront. plus, the collapse of the second largest bank in american history that happened in the span of 48 hours and is affecting the entire banking industry and perhaps beyond. i ll speak to the ceo of a company whose money was with that bank, got a call from a panicked investor to get out now. you ll hear what happened. and the president of a little known group of islands calls out china s xi jinping accusing china of bribery, personal threats to his safety, all over xi s potential invasion of taiwan. good evening, i m erin burnett. outfront tonight, executed by russian soldiers. her son s death was seen around the world. she had to watch it herself, and the mother of that ukrainian soldier is now speaking out for the first time. the video of his death difficult to watch, but important to show the depravity of what s happening on the front lines. it sparked global condemnation. the ukrainian was executed after he said glory to ukraine. an