A cell that once 10 meters by 10 years. Hello good morning its 10 oclock here in moscow youre watching r. T. International now the u. N. Has sent a team of experts to saudi arabia to investigate last weeks drone a missile attack on the kingdoms Oil Refineries the u. S. Says it is confident iran is to blame and values to impose new sanctions on tehran just to remind you last saturday a dozen cruise missiles and over 20 drones hit a Major Oil Field Processing Plant in the east of the kingdom the attack which rebels claimed they carried knocked out 5 percent of the Global Oil Supply and saw the price of oil rock it. Looks now the evidence thats been presented so far. It has been decided that iran did it and that started opinion all finding with the result of an investigation its a decision guilty this was an iranian attack we were blessed very killed in this attack but any time you have an act of war of this nature theres always a risk that could happen rob is doing what trump does best s
Interest rates leads our leads our global report today as the Federal Reserve unveils an expected quarter point Interest Rate cut the 2nd in 2019 after 2 days of policy meetings a federal open Market Committee of the u. S. Central bank said it would lower the target rate for the benchmark federal funds rate to between 1. 75 percent and 2 percent in a policy statement the fed Committee Reference quote the implications of Global Developments for the Economic Outlook as well as muted inflation pressures as reasons for the cut 7 of the 10 members of the f o m c voted for the new policy while the fed was meeting it has been an interesting week for the overnight funding market as Interest Rates temporarily rose as high as 10 percent for some transactions on monday and tuesday the uncommon rate jumps cause u. S. Central bank to rein them in stabilizing markets by wednesday morning. And while the u. S. Central bank makes their latest. As he moves their counterpart in the European Union is mark
We bring that to you live. Welcome to bloomberg surveillance. The markets. N on the hs is closing shortly and hang seng index sores soars. Carrie lam is going to withdraw her controversial extradition bill. That is the bill that kicked off the last 15 weeks of protests. Some of them with more than an estimated 2 Million People which is an incredibly impressive figure. They got that, hong kong has a total of 7 million citizens. From babies to the elderly. That would be like if you had a protest in america and 100 Million People showed up. Reportthe stock moves on the chief executive carrie lam is going to formally withdraw the controversial extradition bill. We saw moves around europe as well and we even see futures moving higher. Is South China Morning Post reporting the news after months of protests in the city. You can see here, these luxury stocks are getting the biggest boost. Swatch is up, lvmh is up 4 . This is such an important hub for luxury sales, for the chinese, with tons of
News that cuts to stop Green Energy Solutions and resource station. Crew to interact its content teaching the next generation but it took such action. Using the channels available to people to take action. And were determined to done some thinking for the next generation. Sfi environment series of global 3000 on d w and online. U. S. Lawmakers grill a top facebook executive over the companys plan to leave for a crypto currency. If the tech giant cant convince washington to trust it what are the odds it can sway regulators around the world. Also on the show the good times continue for 2 top u. S. Investment banks. Reported Solid Earnings but its not all positive news on wall street. And a new space race is preparing for liftoff and a german firm stand to profit from nations and companies lofty ambitions. This is your d. W. Business report im stephen beards in berlin thanks for joining us facebook executive david marcus told the New York Times last month that the companys new Cryptocurre
Your Business Report im stephen beards in berlin thanks for joining us facebook executive david marcus told the New York Times last month that the companys new Cryptocurrency Libra could be quote a profound change for the entire world and quote on tuesday markets delivered a much more subdued message to u. S. Lawmakers libra wouldnt threaten the current Monetary System and it wouldnt seek to replace sovereign currencies senators were skeptical to say the least take a look. What consume david marcus head to Facebooks Libra subsidiary kelly for a face to panel of senators who werent prepared to pull their punches that facebook is dangerous. After all the Times Facebook is abuse the Publics Trust and you know that you really think people should trust facebook with their hard earned money trust us primordial and weve made mistakes in the past and we have been working in our continuing to work really hard to get better Central Banks worldwide have raised concerns that lever could become a r