Eu Commission President calls for an end to the use of arms in the middle east as she arrives in london to discuss iran with british Prime Minister the use of weapons must stop now to give space to dialogue. We all are called upon to do Everything Possible to rekindle talks. There cannot be enough of that a fatal Ukraine International airline crash. Authorities invest gate the cause and the initial report suggests engine failure. Flush. Welcome to the program iran has launched more than a dozen miceles in iraq in retaliation for the killing of Qassem Soleimani the u. S. Says iran is enemy calling last nights attack on the troops a slap in the face. He has insisted the u. S. Military forces should leave the region ashe called their presence, quote, a source of corruption he insisted if iran were to resume talks, it would pave the way for u. S. Dominance but all is well according to a twitter message from President Trump after the a attacks. The u. S. Department of defense says the strik
Above its all time high after last weeks major sell off. Falls to the bottom as th Worlds Largest miner delivers a strong full year profit and dividends but warns the u. S. China trade war is a major threat to growth and facebook and twitter call out china. The social media firm take action to block accounts they claim are being used in a beijing backed Propaganda Campaign against hong kong protestors well, our top story today, italian Prime Minister is to address the senate later in a speech that could spell the end of his government. The far right party is looking to table a no confidence motion in an attempt to bring an end to its coalition in the movement and force a snap election. Meanwhile, the leader says a 50 billion euro budget is necessary next year to bring about a quote, shock fiscal stimulus so that seems to be the operative word over the last couple of sessions modest in italy and germany and in the context of the u. S. Overnight as well. But lets focus on whats happening
Them more gradually. But the longer we wait, the more i see us as having to raise rates quickly in response to a stronger economy and perhaps more inflation. Chuck hagel is saying the pentagon may be forced to review its budget to fight isis. On the move, russia is saying an aid convoy is making its way to the ukrainian city as Angela Merkel is preparing to meet with ukrainian president poroshenko. Good morning, everybody. Good morning. Welcome. Its friday. Were almost done with the week, arent we . But a lot still going on. Very glad youre with us. We have two hours together and its all about janet yellen today. We have no large Economic Data thats due to hit our wires. Were very much in wait and see mode as janet yellen is prepared to address delegates at jackson hole today. The debate going on on the sidelines is that the market and the economy are both Strong Enough to warrant a rate hike. Philadelphia fed president Charles Plosser thinks its time to move. I would prefer us raising