Gaining speed. A live report for that region next. Later commemorating the street that may have saved americas favorite past time its your rbi and its actually baseball related its all on this friday september 6th as Worldwide Exchange begins right now. Good morning, good afternoon, good evening and welcome from where ever in the world you may be watching. Happy friday thanks for being with us we start with morning from breaking news out of europe. The latest gdp numbers in the Second Quarter thats right for you certainly the focus has been on politics the last couple of weeks but lets not also forget about the data its now been confirmed at. 2 on an annualized basis a significant slow down from the First Quarter which is. 4 quarter on quarter and 1. 3 on an annualized basis. The devil is in the detail theres two main weaknesses. One is germany and one is italy. So let me just remind the viewers that the german gdp fell in the Second Quarter of this year to minus 0. 1 0. 4 on an annual
Picture. Goldmansachs expects the fed to begin easing in q2 of next year. Also ahead, were going to talk about what is next for the tech sector. This is in the midst of whats been a rough august at least so far. Were down 7 month to date. And letter x Surging Company rejects an unsolicited takeover offer from its rival, cleveland cliff. Lets get some other news, though, as well, as we start the show paypal has a new ceo whoa. Yeah. Alex, who currently runs the Small Business and selfemployed group for intuit, is going to take over from paypals longtime ceo dan shulman on september 27th according to members of the board a little earlier than expected they conducted the search for paypals new ceo shulman will remain a paypal director until next may. Chriss being hired was a result of the process where the board interviewed nine ceos. They reduced that pool to four candidates and then they chose mr. Chriss members of the Board Selection Committee tell me he impressed them with leading a d
You have to go back a full 20 years for much of the country to see temperatures this cold. The live picture, new york city right now. It looks cold and for this coming weekend, about 140 million americans will be in the middle of a frigid cold snap. Well get to the big chill in a moment. First, the huge snow storm that blanketed the northeast, froze highways, grounded many airports and took at least 15 lives. The first winter storm of 2014 delivered. Almost two feet of snow in parts of massachusetts. Up to 18 inches in new york. Parts of vermont the wind chill made it seem like 29 below. Cold enough to cause frostbite in half an hour. And in maine, the wind chill pushed the temperatures to 40 below. Im layered up, three swed shirts and four pants. Delayed or cancelled flights because of the storm. Residents here in new york city were asked to stay home and stay warm. And shelters filled with many who normally sleep on the streets. Normally, we open up three times a day for meals and a
THE Sixth Phase Government under President Samia Suluhu Hassan has continued to record major achievements in the country. As it attained two years on Sunday .