Branches of Artificial Intelligence, cybernetic. What was corbyns First Response on hearing the news that we lead the world on cybernetics . He wa nts to lead the world on cybernetics . He wants to tax robot make them join the union. Did manchester come great by taxing the spinning jenny . We have a growing Space Programme run by my brother, joe johnson. Have a growing Space Programme run by my brother, joejohnson. And i have a candidate, my friends, for the first man we gently blasted into orbit. And that is the superannuated space cadet from islington. And i know he has an innocent and bold are, but his domestic policies, Jeremy Corbyns domestic policies, would rack up debt that our children and grandchildren would be unable to pgy and grandchildren would be unable to pay. And his foreign policies would imperil notjust pay. And his foreign policies would imperil not just this pay. And his foreign policies would imperil notjust this country but our friends imperil notjust this country
Dan what is next is that we have reported that mr. Renzi, according to one italian news agency, has already met with the italian president. He has to formally submit his resignation and then resolve this political crisis, turning it over to the italian president , who will hold probably two days of Political Consultations with the leaders partiess political before deciding on a mandate government for the country. David a lot of focus was on the italian banks and what this would mean for the italian banks. Do we have any sense of the answer to that question . There aretle bit, but still a lot of Unanswered Questions so far. , the worlds oldest bank is in the midst of a 5 billion euro Capital Raising plan. It has started the first leg of that. The board is probably meeting today. They are likely to put out a statement to find out what happens next. Are they going to proceed with this plan or perhaps postpone it, given that while markets are not as volatile as people expected today, who k
Global equity markets looking pretty decent, firming up in europe with the ftse up about 48 points. Futures positive in the United States. Yields on the 10 year, pretty much unchanged at 124 1. 84 . Look out for that. Table at the moment, 146, its a stronger pound. We will get to that. Then imac of about. 4 . The brand down for the sixth straight day. The lira strengthening down to 297, the Turkish Central Bank cutting its rates to 945 . Lets go to indepth coverage of our top stories. Guy johnson in london, where mark carney talks brexit. Matt miller in frankfurt. In brussels, where finance managers meet on greek simin demokan. Jonathan the bank of England Governor Mark carney is testifying this morning. Guy, the momentum seemingly behind the remain campaign. What is mark carney have to say . Guy he has the responsibility to stand up and make clear the risks that are associated with the referendum. Hes not backing down on that. Everything you said today felt very caveated. It wasnt the
Kongcurran is in hong wanting to know when the fed will raise Interest Rates. Matt miller is in berlin. Lets begin in greece. Finance ministers have reached an agreement that will allow aid to be released to ease the debt burden around the country. Marcus joins us live from athens. Aid disbursement means greece will not face a massive payment crunch to the ecb in the summer. Theres also some extra money that allows it to stopping down taxes are about to rise. Its not going to cause jubilation on the streets. They can expect a little bit of stability over the summer. Jonathan thank you. David are you wondering when the fed will next raise Interest Rates . Chinese officials will ask their u. S. Counterparts about the timing of the next increase. Curran in honga kong. When are they going to ask this question and where . Good morning. It shows how nervous chinas leadership is of the looming fed rate hike. Issuelan to raise this when diplomats meet as part of a strategic economic dialogue.
Be on the program explaining why we are entering a new era of capitalism. Rosenbergck box jeff will be here through up the 9 00 hour. Another jampacked show. Jonathon a strong show ahead. Let us check in with our Bloomberg Team for indepth coverage. Eric is in washington. In hong kong on concern the chinese currency could repeat the january route. Well have more on jamie dimons comments as he weighs in on the brexit debate. First up, the may jobs report coming out in less than 90 minutes. Let us head to washington. X need the jobs number verizon. Will get to verizon in a moment but it is hard to see this jobs report eating the one that forces the feds hand on june 15. Why do i say that . They indicate a 22 chance of a weeksike in less than two from now. We would have to see a monster printed on payrolls for those expectations to change meaningfully. The median estimates of economists we surveyed showed an expectation of 160,000 jobs created in may, the same that we saw in april. The ex