Reaches boiling point in malta the European Unions smallest nation is in the grip of a deep political malazan rocked by high level resignations and allegations of a cover up linked to a journalist assassination. And a famous face will be taking over as coach of struggling at bundesliga side her top berlin youre going clings mind that was part of team germany that won the world cup back in 1994 later he coached the german and the u. S. The National Teams is now under contract with shirts up until the end of the seized. On by iraq is great to have you Company Everyone i knew team is set to take the reins of power in the e. U. European lawmakers have approved the new. Taking over the executive branch of the European Union of honor liar will now formally take charge of the European Commission this sunday should be the 1st woman in the east top job what will your vandalize set out her plans for the presidency in strasburg saying she would focus on equality and the environment. And here she
Which also implies gdp will not be as bad and the final quarter of the year. David what you project for the Fourth Quarter . That is the critical question. Tracking estimates suggest that growth will fall below 1 . We do not think so. We think growth will be in the vicinity of 1. 7 , which will be just enough to keep the projections at 2. 2 for the year as a whole. David the direction is clearly down. Absolutely. The direction is showing deceleration in the main engine of Economic Activity in Consumer Spending. David thank you so much for being with us. She is senior u. S. Economist with bloomberg economics. Now we go a Kevin Cirilli in washington. How long ago was it Elizabeth Warren was almost being christened . Now she does not seem to be doing so well. Kevin she remains a toptier candidate, Vice President joe biden, Bernie Sanders, and mayor Pete Buttigieg. A new paul has are significantly slipping. You look at joe biden able to maintain his lead against Elizabeth Warren. Bernie sa
Deep political. Allegations of a cover up of the suspected. Of an investigative judge. Program and. Im still gail welcome to the program. The European Unions Incoming Commission president has won the parliaments approval for her new t. V. A sort of funded line is the 1st woman to hold a used top job and she has set out Ambitious Goals to turn the bloc into a green superpower and boost Economic Growth as well as those challenges should also have to deal with deep divisions amongst a u. Member states resoundingly approval from the e. U. Parliament confirming the new team of Incoming Commission president lyon. On the line is the 1st ever woman Commission President and her team of 26 dont differ too much in profile from the usual brussels career politicians but her ambitions are marked change her ideas of forward thinking as is the gender balance of her team it is a team with almost all levels as many women as men only one woman away from gender balance this shows. This shows we have made
For the imf meetings but lets get a check on the markets as investors digested the data out of china earnings will be coming through in europe. We struggle a little bit and stoxx 600. Cable is coming off a fivemonth high. A lot of concern going into this weekend and what parliament will vote on in terms of the brexit deal. We are talking about potential rate hikes. Coming up, we hear from the Vice President of the european atmission that 1130 time 11 30 a. M. London time. And still to come, we speak to bank of England Governor Mark carney at 5 30 p. M. London time. Definitely not want to miss. All of those conversations from the Imf World Bank annual meeting. Lets get first word news in new york. We begin with the ceasefire in syria. The u. S. And turkey agreeing to a break in hostilities to allow kurdish fighters to withdraw. Once the ceasefire takes affect them a donald will remove this weeks sanctions, but u. S. Senators from both sides say the deal does not go far enough. Reluctant
Looking at the european stoxx 600, some downward pressure. The focus is on the trade deal. It is a partial trade deal. Will not round tariffs go into effect. A lot of focus on the chinese economy. The other big story is brexit. 125. 66 is where we are seeing cable at the negotiations are ongoing. And there is a brexit summit as we like to call it with eu leaders in brussels on thursday. Coming up on bloomberg surveillance we speak to the former fed governor. Nobel also expecting the prize in economics to be announced later today. Let us get straight to the bloomberg first word news from new york. Says he ist trump ready to go with more tariffs on turkey. This comes after the u. S. Withdrew troops from the north of the country but the move has pushed kurdish fighters into the arms of president assad. Forces from the Syrian Government are returning to the northeast for the first time in years. And spains top Court Sentenced cut elan separatists catalan separatists to 13 years. Former cat