I am guy johnson. I am olivia sterns. Also coming up, a porsche for the people. We take the new family car for a test drive. Argentina advances to the World Cup Final but you dont have to wait to find out who will be the winner. We will explain later right here on the pulse. First, we begin with markets. A referral Government Bonds back in focus today especially portugal. Its shares lower after parent missed a payment, we need to focus on this story. Manus cranny. Santo, is owned by a holding company. They have about 25 holding. Look at both of these stock prices. The issue is that the Espirito Santo Financial Company missed part of their bond payment. What is the one nightmare scenario in europe . Sovereign bonds, governments linked to banks. That is why we care about this story. There has been an Interest Payment missed. The bank of portugal says, fear ye not. It is far enough away. We are not worried. Dont worry about it. One of the owners. There is a whole series of owners. There a
London. Im joined by Ryan Chilcote and manus cranny. Manus, what are you focused on . This is typically a nonnews event. Think of england Rate Decision. And bank of england Rate Decision. What could stop it . Goldman sachs says it would happen. Next we get a budget in the india, the very first for the Prime Minister who took power in may. The finance minister delivers it in about half an hour. One guest later in the show says indian is on the verge of a multiyear bull run. With the topt story. Federal reserve chaired janet yellen moving closer to a rough timeline for the end of quantitative easing. Jonathan ferro had all the details. Complacency, word of the morning perhaps. On the qe side of things, at least they have a date. October, november. We have a date in the next question is what next . They did give us some color on. He exit strategy they said they would not and the reinvestments until at least when they hike but certainly not before. You have to say with a bit of. Olor theyr
Countrys stability hanging in the balance. Im here because president obama of the United States of america is deeply interested in a unified democratic and stable afghanistan. And from football tickets, the fugitive wanted in allegations of a world cup ticket scam has given the slip. We have the business including a difficult day for the fashion house. Absolutely. The british luxury brand is facing revolt over the bosss p. Well look at whether it can be justified in the massive pay deal. A very warm welcome to gmt. Its midday here in london, 7 00 a. M. Washington d. C. , 2 00 in the gaza strip which now has been hit by more than 1,000 air strikes. This latest upsurge in violence has assumed a familiar patent. Israeli are targeting militants and weapons. The death toll inside the densely populated strip has reached 100. Many of them civilians. For their part, militant as continue to fire rockets into israel. One israeli was seriously wounded this morning. A new element has been added to
Welcome to countdown. Barton. K i am anna edwards. It is 6 00. U. K. Prime minister David Cameron has returned to scotland attempting to save the union and prevent a bigger redraw drink of the political map. He gave a speech. The nationalists want to funding on pension and health care, u. K. Funded and protection on national security. These are the facts, this is what would happen and end to the things we share together. And the people of scotland must know these facts before they make this once and for all decision. Not to scareces is monger but warning a friend of about a decision they might take that would affect the rest of their lives and the lives of their children. The independence of leader countered the Prime Minister saying that the next time David Cameron comes to scotland, it will not to be to engage in lastminute scaremongering but to follow a yes vote for referendum talks in the best interest of the people of scotland and the rest of the u. K. David cameron talking about
You have a busy day when you are there next week. Yeah. We certainly are. A busy couple of days. A lot of announcements. Airlines are in focus. We are watching. Among other things. Starting to trade now. Down. Es are you will see a similar thing over here. We have banks. In focus, as well. Central banks. Lets go back to jonathan ferro. Thanks. We had a rebound. Equities yesterday. There was a sense that there could be they could be a little more hawkish. Exit strategy. Markets. Concern about there is no indication they are going up. Guess whose fault that is . It is the federal reserve. Janet yellen. You are the reason there is insufficient certainty in the market. It is not about investors. They are listening to the message you are giving them. Lets see what it does to european stocks at the open. Pointe it going down by 1 . The dax is down. The minister side. Lets put that data to the side. Look at the french data. What is it doing when it came out this morning . Economic data is pat