Gdp globally. Tom which is a big deal. It is a general rule that 3 is global recession. Percent. E than. 1. 1 . Is there a lot going on today . Francine theres a lot going on. We will speak to Catherine Mann. Theyre managing the debt. Conditions they see in advanced economies. Tom Deutsche Bank has been on top of this. A shift toward financial instability for next year. Francine we have ocd oecd. Terrorism charges have been filed against the man accused of setting off bombs in new york and new jersey. A complaint says that rahami planned the attack for months. Prosecutors say he praised Osama Bin Laden and hoped the bombs would be heard in the streets and he was captured in a shootout with police. British lawmakers two defeat islamic state. Parliaments Defense Committee says the u. K. And its allies need a grand strategy to defeat the extremists. The effect the panel supports the strategy of air power and political progress. The white house is charging russian warplanes attacked convoy
For the price of oil. Tom we may have an agreement it is pretty sketchy right now. Javier blas is working on it with Bloomberg News. To me, its a lot of what if. Maybe the story will change up in the hour. Francine yeah. We definitely have a freeze. That is why the saudis are talking about the tar minister. Now lets get straight to the bloomberg first word news with vonnie. Vonnie in harris, David Cameron in paris, David Cameron failed to win over francois hollande. France heads a group of european nations, unhappy with his proposals for banks in london. The u. K. Has no veto power over euro area legislation. An air raid on a hospital in syria has killed eight people. Syrian rebels say russia carried out the attack. The hospital was run by doctors without borders. A warning to the president of south korea, saying that north korea will gain the capability missiles unless the world forces kim jongil and tu new Satellite Photos show china has expanded its activity in the south china sea.
Bottom in stocks. Another big rally giving investors hope that maybe the worst is, in fact, behind us. Our question this hour is whether any can really be trusted with a whole host of issues still worrying the markets. Whether its oil, the strength of the banks, chinas credit pile. Is this a punk rally we have gotten the last couple of days . When you get a decline in the marketplace it takes the shape of an alphabet letter. Sit going to be a v in i dont think so. Its going to look more like a u. Hopefully its not an l. The first thing you want to see is stability in the marketplace. Scott youre beginning to see that companies are buying back stocks. I like whats happening in the next couple of days. We want to focus on the Economic Data youre going to get. Tomorrow youre going to get housing. Tomorrow evening chinese are back. Youll get the inflation figures and lets motte fnot forget the. Stability first. Thats what i like. Come a long way in a couple of sessions but its the question
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