Forecast. We will bring you that interview with the ecb president. And the ax falls again at goldman. The bank prepares to cut jobs for the second time in three months as the focus returned cost cutting. Very good morning, everybody. Welcome to the program. Lots of breaking news to get to. Lets have a look at some of these numbers coming through. Have the numbers coming through from the shipping business which transports 1 5 of the worlds containers so really interesting insight into the way the Global Economy is spinning and the shipping industry in particular. We are getting the numbers through. We already heard from them last night about how they were upgrading their guidance, raising their fullyear guidance so that already sets a positive tone. They said they will initiate a new Share Buyback around 10 billion danish krone. That program will run for 15 months. E will be speaking to the ceo that is the conversation at 7 30 u. K. Time, so in around 25 minutes time. Let me get to some
The last fewave minutes of this and take you live to washington or the role of congress in renegotiating the north American Free trade agreement. This is from John Hopkins School of international studies. [captions Copyright National cable satellite corp. 2017] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] nafta is significant because it is a copy hats of trade agreement comprehensive trade agreement and it is this template and model for the the unitednt that states negotiated, and it served as a template for certain provisions and bilateral trade negotiations. As soon as this year, congress will decide on what legislation to consider and amend on nafta. The will also consider ramifications of negotiating or withdrawn from nafta and how it would affect the u. S. Economy and Foreign Relations with partners, mexico and canada. Ande concerned Economic Leadership in the region, seat as a wherewithal
Good afternoon. Welcome. Thank you for joining us here today im a master of arts student here at Johns Hopkins university them north american freed trade agreement, or nafta, entered into on january, 11994. The agreement was signed by president george bush on december 17 of 1992 and approved by congress november 10 of 1994. Excuse me 1993. Nafta significant is because it was the most comp presentsive Free Trade Agreement negotiated at the time and contained several Ground Breaking prognoses. The new generation of Free Trade Agreement and also served as a template for certain provisions in multilateral trade negotiations as part this Year Congress will decide on what legislation to consider and to amend on the current nafta. There the will also consider the ramification offices negotiate organize withdrawing from na to how it will effect in the u. S. Economy and Foreign Relations with mexico and canada. Some contend that will draw from the tpp could damage u. S. Economic leadership and
Will be addressing. Think there will be a some practice measures, negotiation, renegotiations of the contract. I dont see anything that will be leading to a heavy come a significant reversal of protections. We know there can be decisions. Protectionism has never been good for effective trade. Its clear that the biggest risk and our view is trade. Trade in a number of ways. Fundamentally, are we questioning the kind of global trade order that has been marking this Global Economy for so long . I think that is probably the biggest risk out there. For us, its not going to change our approach. We generally agree with free trade. But it is not going to change our direction. The u. S. Solar industry is one of the first of but the president has moved to protect. Deciding to impose tariffs overseas. An official signing of the order is due later this hour. For a view within the industry, we welcome john berger, ceo of synovial. He comes to us from houston. Welcome. Good to have you with us. Lets
22 people were killed in the attack in the intercontinental hotel. Nasa tv returned to the airwaves to transmit light images of two to then astronauts International Space station. The International Space station passes over the north. The pacific ocean. Installing a new mechanical gripper on the International Space stations robotic arm. Repairs were because of wear and tear. Its been in orbit since 2001. Operations were largely unaffected by the three day shutdown. Watchial personnel kept at the space center in houston. Powered by more than 2700 journalists in over 100 and 20 countries 120 countries. Im Mark Crumpton. This is bloomberg. Live from bloomberg world headquarters, im julie hyman. Iscarlet im scarlet fu. Joe im joe weisenthal. Julie the s p is at record highs in the 10year is rising. Joe the question is, what you miss . Scarlet an industry led by china, but u. S. Companies may have both winners and losers from this new policy. Regulatory push back, but it may not be all bad.