Having the best it infrastructure is very important so thanks again to karen and team for working on the budget. Next in terms of june and Board Meeting, you may have noticed it seems we have ebb and flow of long and briefer meetings. The last meeting of the quarter is more packed with topics. The same will be true in june, so we apt there will be closed session items, quarterly performance review, likely changes to the its related to the approved new Strategic Asset allocation. On the administrative side, provide a update on strategic plan, election of president and vise president and might have policies to approve. A lot of big items to cover in june and wanted you to be aware that might be a longer meeting. With that, as you know, in the materials we always have the board calendar, the conferences and training and this quarters travel expense report. Open up to any questions. Any questions . Thank you. Public comment, please. Do we have inperson Public Comment on this item . Seeing
Middle east, palestinian factions reported that they were holding 130 israeli hostages, they are said to include civilians and military personnel. Israel continues to launch rocket attacks on the gaza strip , killing more than 400 people there; the death toll as a result of the attack by the Hamas Movement in israel has exceeded 750 people, including many foreigners, dozens. People are listed as missing. Earlier it became known that at least 260 bodies of people who were at the Music Festival at the time of the militant attack were also found in the south of the country. Representatives of the movement also stated that they launched missiles towards israeli airport bengurion, as well as the neighboring city of ashkelon. Russia is in favor of a truce and negotiations in the situation around gaza. This was stated by the permanent representative of russia. Prion vasily nebenze following a meeting of the organizations security council, which was dedicated to the escalation of violence in t
People, we will deport people, we will find a way around it. Of the the u. K. Is out european union, it will end the automatic right of people for the 27 nation bloc to live and work there. The Trump Administration has imposed a new round of sanctions on north korea over its weapons program. New penalties target the oil industry in north korea and shipping company and also people and entities in russia and china accused of supporting north korea. Global news 24 hours a day, powered by more than 2700 journalist and analysts in more than 120 countries. I am mark crumpton. This is bloomberg. Nuven in new york and 5 00 p. M. In london and 1 00 a. M. In hong kong. I am vonnie quinn. Shery and i am shery ahn. Welcome to bloomberg markets. Vonnie from bloomberg world had coders in new york world , herearters in new york other top stories, a group of republican senators leading a charge to permanently ban your marks. We will spend states to speak to mike lee. Are we in for a big letdown, we wi
European equities are going to be more profitable than the United States for the First Time Since 2008. Earnings will rise just under 7 . That is up from just under 5 . U. S. Wages rose at this lowest pace since 1982. What does that do for the debate about whether you get a september lift off from the fed in terms of raising rates or december . Harris is opening flat. London is down by an eighth. Youve got billy real and intercontinental. Iron ore as retreated back to 50 from its peak. China storyng that play out on rio and billy in terms of the reality of the slowdown in china. What happens next in terms of stimulus . Hsbc up 1. 64 . Pretax profit rising. They are selling the brazilian asset. They took a little bit of a hit. A couple individual names. Nokia, heineken, ill just show you those, hsbc up 1. 3 . Heineken up 1. 9 . Not a bad report from heineken. Anna spoke to the worlds number three brewer. They will see a moderate level of growth in their volumes relative to 2014. Up 2 .
Bloombergs European Headquarters in london. We are getting some breaking news in terms of pmi. Euro area figures pretty much as expected. Greek july manufacturing pmi falling to a record low of 30. 2. We were expecting a figure of 46. 9. 30. 2 is a record low but also very low indeed. Anything below 50 indicates retraction contraction. The Athens Stock Exchange has plunged this morning. We will have the latest from the greek capital in just a moment. First to manus, whos been taking a look at how the market has moved. Not a pretty sight. Manus the biggest oneday move on record on the ase in athens. Down over 21 at the open. Weve been closed for five weeks. The longest closure since 1970. We will go to hans nichols outside the exchange in a moment. You had two quarters of contraction. We are on the way to recession. National bank of greece down 30 . Within the first four minutes the price has crashed. What youve got here is a not necessarily that it saw a huge amount of volume, but the