45 names scheduled to report this week. Well, today with u. S. Markets closed, Global Investors are watching two Big International stories. One in europe, the other in asia. In europe germanys largest bank, Deutsche Bank, reporting an unexpected net loss of 1. 35 billion for the Fourth Quarter. The firm saying 2014 will be a year of challenges, but it does expect to reach its 2015 target. And over in asia, china, the worlds second largest economy, reporting Economic Growth of 7. 7 last year. Well be digging through those numbers, finding out what to expect this year. Thats in just a moment. And speaking of overseas, liz claman will be live in davos, switzerland, all week with a huge lineup of guests from the World Economic forum. On wednesday her guests will include pierre due point, imaxs ceo and ernie sorenson. And thursday liz will be talking to ciscos john chambers, renault nissans carlos [inaudible] cocacolas muhtar tent and citigroups michael corbett, and you dont want to miss an
All of that and so much more coming up in this hour of market now. Connell welcome back, by the way. Dagen i find the winters here much worse. Were they good . Did people watch . Ironic beginning to roll back its higherlevel enrichment. Country. Why in some sanctions the white house says it will continue aggressive enforcement of measures that remained in place. Joining us now is k. T. Mcfarland and mike baker. That is a mouthful. You better bring it. You have been skeptical of this. Are you still as skeptical . This is the easy part. In exchange, they have decided to freeze the program. What we want them to do is roll it back. We have now given up all of our leverage. The reality of it is one so sanctions are lifted, it is like a floodgate. The rest of the world counts. Their uranium stock market went up by the end of december on a mere promise and suggestion that the sanctions would be lifted. Once the sanctions are lifted even slightly, there will be no stopping. Mike, do you agree
What he is saying now is that the malware author may be is coming out of odessa, ukraine. When you see what other Security Experts are saying about this, watch how scary this is for retailers. Basically the point of sale we know about. The hackers, apparently took hold, hijacked one of targets old servers. That server, a target computer basically took the data from the lower swipe then vacuumed it up. They uploaded the information to a website and then russian cyber thieves been downloaded it. Law enforcement has repeatedly told fox business that they did think this was coming out of russia. We do not know who the hackers are just yet. You will see fake companies. Lori does any of this help the authorities prevent this . That is the thing. That is a great question. Whether or not the retailers themselves improve the barricades is something that is stunning to law enforcement. The final point to be made is that Neiman Marcus hack appears to be separate from the target hack. Lori we look
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