Boris johnson concedes a veto to parliament over his plan to illegally override the brexit treaty. Slumped after accusations of fraud by a short seller. The selloff deepens even if the company rejects the report. Good morning. Welcome to the program. Lets get to breaking news across the bloomberg. Capex andto go to the eu car sales. European collar sales falling 17. 6 in august after a 3. 7 drop in july. This is the story that we are essentially tracking. Europes car sales setback stoke fears over annual drops. This headline was written by our colleagues at bloomberg news. 18 slump snapped a three month streak of improvement. The result may indicate that subsidies are shortlived. We have seen that improvement coming through. Whether that has been a shortlived experience rather than showing underlying resilience, we will have to see. These numbers are not so good. We will watch the automakers as a result of that. Acrosso to the picture European Equity markets. The futures picture. We ar
Added to studying the feasibility of a megamerger. Of helping understate a pay packet of carlos ghosn. We had a wave of dealmaking creating positive sentiment. We had a rebound from last week, one of the worst weeks for u. S. Stocks since march. Tech stocks taking a breather from the selloff. Asset futures trading modestly. Watchl continue to trading when it comes to japan. Potential takeover for Prime Minister the middle of next week, futures are looking flat after the yen starts to gain in the monday session. We will watch for details about the cabinet and what it means for policy continuity playing in two sentiment for the japanese markets. Dollaryen holding steady. Modest dollar weakness overnight. That is set to continue. At 37. 40. Trading opec joining a chorus of voices suggesting the era of oil demand is deteriorating. Demand forecast for each quarter as we continue to see shortselling in the oil market. To a series ofrn deals we have seen. Oracle is bidding for tiktok u. S. Op
This is gps the Global Public square. Welcome to all of you in the United States and Around The World. Im Fareed Zakaria coming to you from aspen, colorado. Today, an extra special program with three, yes, three former secretaries of the treasury. First, ill talk to Henry Paulson and Timothy Geithner about the state of American Politics and the downgrade of the uss Credit Ratings and the struggles of the chinese economy and then robert ruben talks to me about how to make hard decisions and what a yellow legal pad has to do with that skill. Finally, david burn came to fame with his new wave band talking heads, some 40 years ago. Ill talk to him about his latest wave of creativity which includes a musical about former fill pina first lady Imelda Marcos. Performed in a Broadway Theater thats been transformed into a disco. But first, heres my take. For years American Politics has been shaped by the idea of the china shock. The term coined by three economists in a paper captured the widespr
World. Im Fareed Zakaria coming to you from aspen, colorado. Today, an extra special program with three, yes, three former secretaries of the treasury. First ill auck to Henne Paulson and Timothy Geithner about the downgradingst u. S. Credit ratings and the struggles the chinese economy. And then robert rubin talks about how to make hard decisions. And what a yellow legal pad has to do with that skill. Finally, david byrne came to fame with his new wave band Talking Heads. Some 40 years ago. I talk to him about his latest wave of creativity which includes a musical about former philippina first lady Imelda Marcos. Performed in a broadway theater. That has been transformed into a disco. But first, here is my take. For years now, American Politics has been shaped by the idea of the chinese shock. The term coined by three economists in a 2016 paper captures the widespread believe that trade with china has resulted in the deindustrialization of significant parts of the u. S. And loss of hu
I am in for jose diazbalart in jose diazbalart reports. Back here at home, just four days until the South Carolina primary. Can nikki haley pull off an update in her home state, or will it prove donald trump has the republican nomination locked up . A historic decision in alabama. The top court, frozen embryos are people and you can be liable for destroying them, and what it means for one of the most antiabortion states. And then we will talk about the merger in the credit card industry. Good to see you today. We will begin this hour with new developments out of russia. A new emotional appeal today from the mother of navalny. She sent the message to Vladimir Putin demanding he releases her sons body so she can bury him humanely. Ly [ speaking in universal language ] the kremlin spokesman responding to navalnys wife, and the kremlin saying her claims are unfounded. We have two new developments showing that a duel american and Russian National who was a los angeles resident was detained