Hes dedicating a lot to say. What i want to east makes the woman. 0. Hello there on a cloud this is counting the cost on aljazeera look at the world of business and economics this week mozambiques troubled road to becoming the worlds 4th biggest gas exporter a debt crisis and an equal society and an islamist uprising near its most valuable gas fields. Also this week an epic battle to challenge apples grip on its store a multibillion Dollar Gaming Company taking on the tech giants and the regulators watching from the wings. The mighty dollar. Ends its dominance or is that Wishful Thinking on the road to a currency. In time mozambique will become the 4th biggest exporter of gas but right now is fast becoming the most Unequal Society in Subsaharan Africa the promise of gas riches could not come quickly enough for a nation. Scandal that plunged the country into a currency crisis and debt default almost 4 years on the pandemic and insurgency in the far north where the country has its most v
Russia soon were going to look at the potential for economic sanctions. Also in the show tech stocks took a tumble in the u. S. Dragging Global Markets down with them is it just a blip or a reality check. This is the business im rob whats in berlin its great to have you with us german politicians are turning up the pressure on north stream to some of them want the pipeline project which would deliver russian gas to germany and beyond to be stopped over the poisoning of prominent kremlin critic alexina valmy significant opposition from Eastern European countries and the United States has already seen work in the baltic sea frozen with a pipeline 90 percent complete. When this 480 kilometer long stretch of pipeline is finished it will transport gas from the controversial nord stream to pipelines terminus in northern germany to the south the oil gold pipeline will then carry fossil fuel energy on to countries including the Czech Republic and italy the pipeline operators are based in castl
A century. Also had china and india agreed to disengage their troops a disputed border area days after shots were fired the 1st time in decades. And in sports arena williams wont be claiming a record equalling 24th round slam title at this years u. S. Open american was knocked out by victoria answer ranked in the semifinals of flushing meadows. Your main story hundreds of refugees and migrants are protesting on the greek island of last boss demanding to be allowed to leave and to go to the mainland. The Police Arrived early on friday as tensions heightened with the migrants who spent yet another night without shelter and looking for food after fire destroyed europes largest. Refugee camp the government will not allow them on to the mainland and is working to house them in tents and on chartered ships earlier 10 e. U. Countries agreed to take in 400 unaccompanied minors from the camp germany and france say they will take in most of them. At the camp he says theres nothing left for the p
It is the big heavy weights adding weight to the downside. We are seeing apple down, alphabet down. 1. 44 ,xx 600 down by less heavy on tech. Yesterday higher. The cable rate also under pressure. Pressure on Boris Johnson right now as he prepares walk away potentially from an international treaty. The other thing worth bearing in mind is the financials are under pressure. We put the german 30 year in there. The curve flattening quite significantly today, and that is having an impact into those financials. Alix yes indeed. Also, watch aerospace. Boeing is apparently slowing streamliner deliveries to inspect a new factory flaw. That stock off by about 5 . If investors are positive on europe, it tends to lead with the European Recovery Fund and germany lifting the debt break. Germany has said it needs to take on significant in 2021, according to finance minister olaf scholz. He sat down with Francine Lacqua for an exclusive conversation. Olaf we will find a solution, and anyone knows that
The recovery is under threat from the covid19 resurgence. Frydenberg says the other plumbing rate will jump in the coming weeks. Economy and the government handling of covid19. A look at howake we are shaping up for a new trading week in asia as the market continues to search for direction. U. S. Stocks trading close to fresh highs. We had the stock market up for a fourth straight week friday amid albeit light volumes. Up. 2 this morning and asia and we are seeing positivity going into the start of trading in japan. We have one report Prime Minister shinzo abe is headed back to the hospital so we will continue to watch that story. And the potential applications for policy continuity. Japanese yen Holding Steady at 105. 86, with a rebound in the friday session. Rise in u. S. Treasuries. At 42. Crude trading 49, ending the last week its advancering in asia. Shery lets talk about china. Beijing is offering support to strengthen hong kongs role as an International Financial center. For mor