Lacqua. Still to come, the hsbc whistleblower tells bloomberg well bloomberg speaks to the man who lifted the lid on the tax scandal. That is coming later in the show. Guy lets get to another major story. Boris nemtsovs murder. Thousands marching yesterday in memory of nemtsov. Francine Moscow Police estimated the number of marchers at 20,000. A Nonprofit Group of the number at 50,000. Ryan chilcote sent this report. Ryan this is the first opposition protest of the year, but it is no ordinary demonstration. It was supposed to be about economic woes. It is now a morning vigil the Boris Nemtsov, who was shot over the weekend. One of the opposition leaders organizing this very protest. This is the spot where Boris Nemtsov was struck down. He was going for a stroll by the kremlin. As you can see, thousands of people have come here to leave flowers and pay their respects. They just keep coming. There are many theories both official and unofficial, as to why Boris Nemtsov would have been kil
Negotiations. Mcdonalds reveals its comeback recipe. The ceo serves up a turnaround plan. We look at what could change. Welcome to countdown. Im manus cranny. Im caroline hyde. Coming up come a bloomberg exclusive. Amen considered the last a man considered europes last dictator. Have how the competence impacted his country. Lets begin with asia. Estimates adding further weight to forecasts that policymakers could step up stimulus to support this is a little bit of a different story versus the official data. That is right. New orders fell sharply. That basically evaporated. Overall reduction was stagnant. Not a good report in this april survey. Let me take a look at the numbers with you. This is the steepest contraction in a year. He shows chinas economic challenges the slowdown in economy, it may take more stimulus to arrest it. That is one of the reasons we are seeing market move higher. We will get to that in a moment. Back to these numbers. The pressure is on to roll out the new sti
Current conditions, 111. 6. Expectations have come in at 107. 4. So weve kind of met the expectations as far as the headline Business Expectation is concerned. Euro dollar, not a huge reaction on that. And were still pretty much with this 137 handle, as well. 64, remember, the high for the year is 138. 30 is where we stand. Still another bit of data thats suggests all is okay as far as germany is concerned. Leeann banbrex joins us now. Jan, nice to see you. We have a dichotomy in europe particularly between the german and the french economy. Euro dollar doesnt seem to care an awful lot. At the moment, not. Theyre waiting for that big truck, the big elephant in the room, really. If you look at the german ifo index coming out. The uaw index is better. But this is really what the real economy is doing and the back stop that the German Economy is in reasonably good back step. Bear in mind retail pmi in germany has been good for half a year now. If you look at Capacity Utilization in the co
The overnight hours. will be back in 50 minutes with the forecast for today. george things and quieted down a little bit the accidents that occurred on an estate 80 have finally cleared from the roadway. Were left with the backup from the westbound direction and slow going to abuse. The drive times not art 28 minutes from hercules to berkeley. But its a 43 minute drive up its from hercules to the bay bridge toll plaza. That accident at the Macarthur Mays is now clear. But that was the backed up that started to back up the ride on west wall. Were still tracking delays here on the minutes freeway. They said they are going to send a sweeper out to the limits free way were we still have broken glass on the freeway. The glass struck dropped its load on the roadway. Its mostly the right lanes that are affected as you can see. It backed up the self all tried to just north of the 980 interchange. Southbound at the way they have paper debris spilled across all loved the lanes. The lecture ride
Struggling to overcome. So we have indeed had disappointingly slow recovery, and our consistent expectations for a pickup in growth have been dashed over a number of years. The labor market is behaving in perplexing ways and showing patterns that are novel. I agree with the points that you mentioned, and i mentioned some in my own remarks, parttime employment thats involuntary is remarkably high in comparison with any past recovery. The length of unemployment spells is higher than we have seen it during the post war period. And labor force participation, as i mentioned, has decline a lot. I think for our part, you asked what role can the Federal Reserve play, and it is as i emphasized to continue to use Monetary Policy and to adjust it in light of changing economic circumstances, as we have over all these years during the recovery to foster healing of the labor market, a return to socalled full employment, and i think thats the best contribution that we can make. I do think we are seei