11 15, london time. If you look at the dollar, its heading higher. Thees speculation that next head of the Federal Reserve will be hawkish. There is a little bit of concern about north korea. That also gives geopolitical risk more of an impetus. Touch,o is weakening a as investors weigh during the standoff in catalonia. That is the expectation that brexit talks are heading for a breakdown. I am also looking at gold. Lets get straight to the bloomberg first word news. Reporter north korea has warned that a Nuclear War May break out at any moment. The comments come as the u. S. And south korea began one of the largest joint naval drills in the peninsula. Un expressed that his country is a Nuclear Power and warned the entire u. S. Mainland is in range and called north korea responsible nuclear state. Brexit missions to aussels might have been flop. According to a person familiar with her teams views, Senior Administration are now losing faith. Mitch mcconnell has presented a united front,
Are economic warfare. The eu has accused jpmorgan and other banks of colluding to rig interbank lending rates. Agricole weret also accused. Taking on the ipad. Microsoft is going to take on the ipad mini. Satya nadella expected to unveil a smaller version of the today with a qualcomm processor. Cory johnson is in new york. If you fail to make an ipad killer, try to make an ipad mini killer . Go small or go home. Microsoft has failed in the marketplace with the surface. The push of a push of a push and are trying to the corporate deals and big sales in a large institution. They are spending a fortune on marketing and getting this out there in the public eye. They are getting Product Placement and every possible tv show they can get it into. To make it seem like people are using it but in reality people are not. Fundamentally is it not a good product . One of the things we see havening is market leaders this experience with certain apps and they want to stay with them. The product has no
Took him to countdown. I am manus cranny. I am anna edwards. Bloomberg reporters are standing by across the world ready to deliver the stories that will drive your day. In mumbai, the votes are counted in the worlds biggest election. Jonathan ferro is following Credit Suisses potential deal with u. S. Tax authorities. Hans nichols is in berlin with details on key votes for the swiss. Zeb eckerte on is in hong kong as japan debates beefing up its military. Later, they are crafted with the most precise workmanship. These are not the most expensive pair of glasses you will ever buy. How one startup is trying to up and the business of highend eyewear. It is vote counting day in india. The election was the Worlds Largest taking place over more than a month. Nine rounds of voting. 551 million votes were cast. Joining us for more on the latest is sent hundred. What parties are leading . Looks like heodi is ahead in the polls in the moment. It definitely seems like that. Like you were pointing
Be different. Host thank you both for being here. This is the the communicators president obama sends the 2015 budget report in. The president said he wants to reduce defense spending and also wants to spend additional money on roads and bridges and end a number of Corporate Tax breaks. We will have live coverage at 11 30 a. M. Eastern on cspan. Cspan 2 provided key coverage and booktv. The only Television Network devoted to nonfiction books and authors. Sweeds have been accused of trying to hide the accounts of 22 United States citizens. Carl levin is calling on the Justice Department to hand over the names of those who used the bank at a to alem ledgedly avoid paying taxes. Good morning. The meeting will come to order. The American Public is angry about offshore tax abuse and efforts by americans to evade their Tax Obligations by hiding money offshore. Todays hearing follows up on a meeting this subcommittee held in 2008 when we presented evidence that wellknown banks were deliberate