U. S. And china are trying to temper some of the repercussions trade war is having. You can see euro stocks gaining 0. 6 . The yen is also a good litmus 7. 81and you can see one of 107. 81. Tomorrow, we also have the ecb to look out for. Coming up, we speak to the former u. S. Ambassador to the European Union. Dont miss that interview at 10 30 a. M. London time. We talk u. S. Foreignpolicy and brexit. Lets get straight to the first word news. U. S. Goods to be exempted from tariffs last year were announced by china at the top of the list are pharmaceuticals and lubricant oils. Beijing is seeking to ease the impact from the trade dispute without lifting charges on agricultural item like soybeans and pork. The ministry of finance says further rounds of exemption will be released. Morgan stanleys ceo warned against the fed cutting too easily but says he supports of the reductions made so far. He made the comments at the Columbia Business School in new york. I have supported the latest fed
In sochi and signed the a deliberate dream and and there we supported that agreement hoping that the terrorists would be eventually driven out of the region and the Syrian Government would be able to store as control over the terrorists held territories one of the key goals for the astronaut process guarantors as signed. In the treaty is to prevent a large scale communitarian crisis in the region. However. This agreement was not implemented as planned and unfortunately it has been a little time since it was signed. And already today we see that the territories controlled by territories have become larger by a huge. And that only goes to show that terrorists should not be permitted any opportunity to be used the conditions and terms of these agreements we. Gathered together for the 5th time to take stock of our previous efforts and adopt necessary measures to the. Brain about a Brighter Future for the Syrian People so that they will be able to decide. On their future without any foreign
Also on the day are you crying needs both soldiers, but few of civilians are willing to fight at the front. So the government is messing volunteers, set their own terms. Its difficult to imagine how horrible war is on the line unless you live in ukraine. I want to in cottage, my friends, who is my own example that you putting in people have to join army, otherwise we will lose our car. Welcome to the day now has been said that china is relationship with United States will be one of the defining factors of the 21st century relations between the 2 superpowers have been strained in recent years of a host of issues including tre, human rights, a spying obligations and tie, one with time is National Peoples congress on the way the countrys foreign minister suggested that the United States was trying to suppress his country as a startup. Trouble in taiwan, why he also defended beijings close relationship with moscow during much of the cold war, sophia, russia and communist china were at all.
Never even contested an election before this year. It really has been an astonishing year in french politics. Emmanuel macron, the young, fresh phrased, road business, ardent european. About to be inaugurated pro business. He trounced his rivals in the elections, a resounding vote in support of a man who only set up his en marche party about a year ago. We are already hearing, by the way, just you know, just to let you know, that we will expect him to appoint his Prime Minister to morrow. We have heard that in the last few minutes. The Prime Minister will be appointed tomorrow and the government will be formed on tuesday. That is what sources close to Emmanuel Macron are telling us. That is the scene there in Central Paris, as we await the formalities of the inauguration and, of course, the french do these things with wonderful and grandeur and lets go to my colleague who was there watching it all unfold. A rather drizzly morning there in paris, we can tell from your umbrella 7 drizzly
Web. That was referring to Chuck Schumer. We bring you all of this live as it begins. U. S. Trading session, julie hyman is here with the latest. Julie the rally continuing into its second day. We tend to see a flip on the first week of trading on the new year from what we saw last week of the last year. We could see an up week this week of the last if the last five years are any indication. Rally, buta runaway we are seeing gains. I want to talk about auto sales this morning for the united states. They were largely better than estimated. Gm sales, more than double what analysts are estimating. For reporting an unexpected gain in sales of 10 . Fiat, although its sales fell 10 , analysts were predicting a steeper decline. All of them better. Fiat still trading lower. Gm and ford a gain of more than 3 here. It looks like we could surpass last years hurt for annual sales, up 17. 5 million vehicles. Been an interesting phenomenon of People Holding on to their cars longer. This is a monthly