Needs to do it to get the deal done. Capital one Financial One of the financials performing poorest today after the first round of fed stress tests were pretty positive for most of the banks. Thetal one maybe one of negative ones in that it deals with a lot of credit cards. Guy absolutely. President trump once again taking to social media to have an attack on the fed. Tweeting earlier this morning, think of what could have been if the fed had gotten it right. 1000 points higher on the dow in gdp in the fours or fives. Now they stick like a stubborn child when we need rates cut and easing to make up for what other countries are doing against us. Part of this is clearly about 2020. Cioned by danske bank from copenhagen. Does the g20 determine whether we get 25 or 50 basis points in july from the fed in cuts . Guest not if you take the Federal Reserve at its word. Not that you have to come up at they are talking about the negative inflation undershooting that we have, and i think a lot of
To run another step closer to being able to build an atomic bomb. Ran closer to being able to build an atomic bomb. The turkish lira falls after the Prime Minister fires a central bank governor. Bloomberg has learned erdogan told lawmakers they need to get behind his delete that high rates causes inflation. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. Im renita young. This is bloomberg. It is 1 00 p. M. In new york, 6 00 p. M. In london, 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and around the world we are following. Radical surgery for Deutsche Bank. A massive revamp of the german bank, closing its equity business, cutting a fifth of its workforce and scrapping its dividend. Sees theays he still need for a lot of things to go right. Powell in the line of fire. President trump k
the global economy is expected to grow a paltry 3% over the next five years, according to the head of the international monetary fund. her comments were made ahead of the imf and world bank s spring meetings, which kick off today in washington. our north america business correspondent samira hussain is there. high inflation continues to plague countries around the world. central bankers are raising interest rates to try and slow down those price increases. as a result, however, is we have some of the weakest growth projections by the international monetary fund since the 1990s. now, with the world s finance ministers and central bankers all meeting in washington this week, the increasingly fragile global economy will certainly be the focus, along with ways for countries to try and mitigate some of the negative impacts of those interest rate rises. now the high inflation, however, is already having an impact on poorer countries, pushing them further into financial distress. gi
and a warning from the international monetary fund, it says a third of the world will be in recession this year. for most of the world economy this is going to be a tough year. tougher than the year we leave behind. hello and welcome to bbc news. ukraine says russia attacked kyiv with waves of explosive drones overnight, targeting critical infrastructure. the military said air defence forces shot down all 39 iranian made drones. but the mayor of kyiv, vitaly klitschko, said energy facilities were damaged, disrupting power and heating supplies. our correspondent hugo bachega is in the ukrainian capital kyiv and has the latest. so the mayor said one person was wounded when debris fell from a drone intercepted by the country s air defence forces. now, it was the second night in a row when the air raid alert sounded here in care. people were told to go to shelters and obviously, they are angry, they are tired of these attacks. he has been frequently targeted in recent days. the m
He gave a defiant speech saying he wasnt going to be resigning, that he hadnt done anything wrong and that kiss was consensual. The pressure seems to have been heaped on jorge pressure seems to have been heaped onjorge vilda. He did issue a subsequent communique in which he said he did condemn the behaviour of the president. Since then there has been a lot of speculation about his future. The federation itself has said that he has been sacked and he will be replaced. I think you can say that this development is not entirely unexpected, given the relationship Thatjorge Vilda had with Luis Rubiales. Relationship that jorge vilda had with Luis Rubiales. Relationship that jorge vilda had with Luis Rubiales. What have you heard from with Luis Rubiales. What have you heard from the with Luis Rubiales. What have you heard from the spanish with Luis Rubiales. What have you heard from the spanish fa with Luis Rubiales. What have you l heard from the spanish fa directly . The spanish fa did issu