Production could drive the recovery. And we do not think that 50 for many, many years is a likely scenar scenario. U. S. Prime minister David Cameron is due to speak at an event in Central London any minute now. He is going to be talking about the European Union and britains relationship within the block. Well bring you that live when it begins and of course this is a crucial day in the week of brexit negotiations. Due to send a letter to donald tusk outlining his demands for his negotiations and that speech we just reference. Well bring you that live when it begins any minute now. Q3 results of course follows already volkswagens earnings. Were getting them now. Theyre in german so have to say im not an expert at delivering this. So far, hopefully reuters will start translating them any second now. Were expecting around 1. 1 billion euros. Can i. Let me help out here with my expert german but the profit is 1. 19 billion euros so thats not bad. Not bad. These earnings do follow volkswag
Welcome to the pulse. We are live in london. Im guy johnson. I am francine lacqua. Lets get to our top stories. 3. 3 billion. Regular dinners regulators banks 3. 3 five billion dollars to settle a probe into Exchange Rate rigging. Great to have you on the program. Give us a sense of how much this was actually expected. We published of 2013 that outlined problems with the benchmark, the focus of the fines today, and suggested that traders were regularly communicating ahead of these fixes. They were aligning their positions and attempting to manipulate the fixes. Here is more detail if anything is more egregious than anticipated, interested banks to work would Work Together to rig benchmarks to maximize their profits. It is the same old story in that respect. One name that really stuck , that was being there barclays. What is going on with barclays . It is a bit of a moving feast. We were under the impression that barclays was going to settle. Something changed recently. An interesting p
Nuclear deal with iran. He blasted republican senators for sending a letter to irans government. John kerry i have never heard of nor even heard of it proposed anything comparable to this. If i had, i can guarantee you know matter the issue, i would have rejected it. Cory he said republicans are flat wrong in saying congress can modify any iran agreement. The imf approved to 17. 5 billion in aid for ukraine. Christine lagarde said the authorities have showed a commitment to reform. The economy has been devastated because of the conflict with prorussian rebels. There is more money for wall street bonuses, rising 3 according to estimates from the comptroller. The average bond 172,000. The Banking Industry added jobs the First Time Since 2011 even as revenue fell. A major outage hits apples itunes today, starting about 2 00 a. M. In cupertino, california. Users were unable to download apps or log into their accounts. The cause is unknown. Apple shut the store down on monday during its sma
Adrenaline, walker told him, maybe we are the front runner. Looking at the crystal ball, what is the future between bush and walker . Both camps want to play down that they are at war. Walker is trying to frame bush as old as yesterday and get to things like immigration. The bush people think walker will chase shiny objects, be too aggressive, and get himself in a problem going too far to the right like romney did in 2008. They believe that walker will stumble and hes not ready for prime time. They will look for opportunities to throw him off his game. When walker began his assent, there were a lot of people in elite circles that thought the same thing. I think there are still some people that are believing that. I think they will eventually maybe not directly, because it highlights weaknesses, but they will indirectly point out that hes not a hypocrite, which bush is not being. Common core, thats where they will go after him. Cant walker go after bush something not to his right, not b
The same inning, perhaps feeling adrenaline walker told him maybe we are the front runner . Looking at the crystal ball of years. What is the future between bush and walker. Both camps want to play down that they are at war. Walker is trying to frame bush as old as yesterday and get to things like immigration. The bush people think walker will chase shiny objects, be too aggressive, and get himself in a problem going too far to the right like romney did in 2008. They believe that walker will stumble and hes not ready for prime time. They will look for opportunities to throw him off his game. When walker began his assent there were a lot of people in elite circles that thought the same thing. I think there are still some people that are believing that. I think they will eventually maybe not directly, because it highlights weaknesses, but they will indirectly point out that hes not a hypocrite, which is bush is not being. Common core, walker has geared to the right, and bush is a man of