I am francine lacqua. On what we can expect, lets bring in a bloomberg bloom reporter on a snap election. Tell us about the feeling is like in japan right now. , a lot ofonfusi. The japanese are not sure why it is necessary for a couple of reasons. Prime minister shinzo operate eady has shinzo abe deregulating. Also the reason to have this so off they can turn to the japanese people and get a delay that nobody wants. Certainly, yesterday the gdp numbers are the economic conditions. Theres a lot of confusion on why this election is even necessary. To go toolitical stunt the people and get a fresh mandate so they can turn to the party and say we will make changes. Alreadyhad two years and done very little on the third arrow. The question is with the new mandate, will he get to work . Willie, that is the question really. Is it a reflection of the reality of economic reform takes a lot longer than maybe he anticipated when he got into this and as a result of which, actually this is pragmat
Welcome to countdown. It has just gone 6 00 here in london. Is at the heart of the eurozone problem is. News. The Global Financial leadership trying to turn passengers into conference in florida. The frank view on the risk the the backseat djs, uber is eurozone poses. Area is thehe euro keeping up teaming up with spotify. Biggest risk because i do not think the leaders have a true service will roll out vision how to cope with the problem. This month in 10 cities including london, new york and singapore. The consensus view is germany snapchat is collaborating with needs to step up and the Buddhist Bank needs to change Payment Companies were it allows bank ne buddhas users to send money to each other. Is feature called snap cash sbank needs to change snapchats second revenue their tune. Generating product. The side effect will push up the euro a little bit and that how much money has been recovered from bernie made offs has done damage to france and fraudulent Investment Firm italy, i th
Greek officials have persuaded german light creditors they are serious about delivering the. Guy even though both sides have had their redlines, there was common ground. Lets get to tom. Red lines by necessity are inflexible. But there is common ground. Francine lets go straight to tom in brussels. Theres still a very tight timeline. Do we have a more positive tone . Tom yes. We are looking at the timeline of six weeks. But there has been this rapprochement after the acrimonious meeting they had in riga three weeks ago. The euro group coming out with a statement saying they are seeing positive intent from the greeks. No details on the policies. Though there was a little bit of detail from the european commissioner of economic and financial affairs, who said there had been son movement on vap, some movement on the management of greek revenue. It has given britain space, possible a couple of weeks to the greeks who are being propped up by the ecb. The ecb less likely to strike to tighten
Mark welcome to countdown. Anna im anna edwards. Mark coming up today optimism about greece but britain is better off in the eu. Mario draghi is his era. Hero. I just assumed people would figure out how to keep greece part of the euro. That is not the problem to me. The problem is fundamental structural flaws in europe. Im more concerned about what is going on admittedly, france, spain in italy, france, spain. Mario draghi is a hero as far as im concerned. Mark stay with us for more on that interview. Manus first, lets get into the breaking numbers. Caroline has the numbers. Caroline 13. 5 billion danish krone. Creeping higher than before. Organic and operating profit up 46 because the russian ruble is doing much better. Compared to this time last year, the russian ruble was down 15 but on quarter terms, it has been increasing and up some 13 . It is western europe and asia that is doing the heavy lifting at the moment. It is offsetting the weakness and russia. We are seeing a bit of an
The governor saying the fed could be at play. You have a host of people. They cut profit by 14 . The cfo talked about some of the bond markets. Pick up that interview. Caroline will take you through the numbers. The russian market is declining by 9 . 690. That is the market down in russia by 9 . I saw 1 lower. Caroline talks about loyalty. 62 of customers tend to reboot with easyjet. They are having preliminary talks. The end of the day up nearly five and a half percent. We understand the government is taking their holdings low 20 . Equities lower. The euro on the upside. Sterling i want to leave you with this thought. Rate hikes could be pushed out. He said focus on grexit as big the benchmark for renegotiating reform in europe. It makes you worry if that is overdone. The bond market selloff continues. This morning japanese 10 year yields across to the highest point. We are joined by the bond expert. I talked you through my morning. For some reason these bonds start to turn back again