A day the Prime Minister is due to speak to the nation. And an indian Jewelry Company polls an ad that caused outrage because it showed interfaith marriage. So the aljazeera undercover investigation which has led to cyprus suspending its controversial citizenship for Investment Program the attorney general has also announced a probe into possible criminal offenses following the revelations goes back to august when al jazeera Investigative Unit released the cyprus papers which revealed some serious flaws in the citizen by Investment Program it exposed high ranking officials expressing a willingness to help convicted criminals get citizenship lets get more from our Investigative Reporter David Harrison whos in nicosia. Weve had 3 announcements one the abolition of the Investment Program under which people could buy passports if they paid a certain amount of money in which our investigation revealed evidence of that was being abused the 2nd one was the president of the pall of dmitris sal
Good morning, everybody. Welcome to squawk box on cnbc. Im becky quick with joe kernen and Andrew Ross Sorkin well start with the markets after the dow fell for the first time in four sessions. Airlines, cruz and retailers all fell during yesterday sessions those have been the volatile stocks if you look at u. S. Equity futures this morning, youll see green arrows the dow indicated up by 28 points nasdaq up by 24 and s p up 4. 5 yesterday, the dow was down 170. During the course of the morning, we were watching the futures and up as much as 250 in the morning. Weve been keeping an eye what is happening with the treadsry markets. Right now, it looks like that 10year yield is just at 0. 71 andrew good morning. Thank you. United states pulling out of talks with europe to tax tech giants Steven Mnuchin saying international talks have hit an impasse and there wasnt even room for an interim deal it threatened retaliation if they move ahead with plans of their home a number of European Compan
Morning. Semiconductors outperforming and Cloud Computing etf on best had its best days since early august meanwhile, faang, amazon, the largest megacap winner, but dee, this is a rally of the fisty. Affirm and peloton up 12 and affirm and shopify and bitcoin above 20k, up 3 no question that whats leading this is the stuff that investors, over the past couple of months, several weeks have gotten very queasy about yeah. Those macro themes is what youre pointing to the riskier rally, the unprofitable and the rally of the growth and whatever you want to call it and its beaten down names and the macro backdrop and you have the tenyear yield 3. 6 and the twoyear getting close to 3. 4 and carl, the fed isnt quite focused on inflation as much as it is the job market for the next moves some positive signs and remember they werent as bad as some were expecting and there was a relief rally and she continues on the dip so well see what she has to say about it bank of australia hiking not as much.
Under house arrest. Fears of political metaling spooking investors. Sony slashes its guidance against. The ceo is due to give a press conference any minute now. Happy wednesday, everyone. Im seema mody. Coming up on todays show, the pressure piles up for the nfl after its sponsor budweiser says its concerned surrounding a number of incidents surrounding its players. And fedexs tells us why he thinks the stock will outperform in the next year. Our favorite moment from friends as the tv sitcom celebrates its 20th year anniversary. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. And one day left until scotland votes. Who would have thought four weeks ago that markets globally would be so focused on scotland . Youre absolutely right. But you know what . I think weve seen the worst of the jitters. Over the last two or three days, especially now that weve got so many in the camp, markets have been more or less sanguin about what could be happeni
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