Secretary of state warns World Leaders that stopping i saw on the battlefield does not mean the mission is complete. A confidant of the impeached south korean president has given twenty years in jail for corruption. The former president of georgia president Mikheil Saakashvili says that hes been kidnapped to kiev and sent to poland. South africas embattled president has been asked to step down the Ruling African National congress has recalled jacob zuma the partys top level executives confirmed that theyve given him notice to leave office after nine years zuma faces hundreds of corruption charges but has refused to stand down before his term ends next year the a. N. C. Confirmed it wants seumas deputy civil right opposed to become president. Believe that this is religion. Agency in all of us the welcome to who was. Home. We are therefore determined to restore the integrity of the problem is the solution. To the problems and some of the not thousands. Of altruistic maneuvers in the parl
Elementary school under intense questioning by a parent, a building supervisor on monday night revealed, that various strains of mold have been known about for some time listen to the exchange. When did you know that there was a mold problem in our schools. January of this year. Reporter from the dozen hours after that, dramatic meeting there wasnt a soul to be found at holy glenn or williamstown middle school. No workers, nothing. Students claim that mold has been a issue at the middle school. It is in the library in the middle school, the showers, and right near the locker. Reporter good morning my name is joe, from Channel Three is the superintendent available. Reporter Eyewitness News spent the day tracking district officials not a single one as of this deadline responded to request for comment including all nine members of the school board this man is vicepresident for tti environmental the Company Responsible for preparing, the report on mold, at holy glenn. You gave us assurance
Grows faster in the Second Quarter after the Monetary Authority eased in april. The economy is still seen as vulnerable. Betting on a bank of england rate cut as theresa may names are. Boris johnson becomes the uks top diplomat. You can follow me on twitter. Dont forget to include trendingbusiness. Breaking news, south korea keeping its Interest Rate on hold at 1. 25 , in line with expectations. From thewe expect china and hong kong markets today . They get underway in 30 minutes. Look at what is happening this morning. A rally we are seeing and a should continue for the most part, although investors in korea were awaiting that Interest Rate decision. No surprises, but still some downside for the kospi. Taiwan weaker by. 25 percent, and weakness in malaysia. Throughe gdp coming that we will talk about in a little while, growing at a faster pace in the Second Quarter. A quarter of5 up 1 , its best threeday rally in three years. Have investment remaining quite skittish. The asx 200 up a
Live from bloombergs european headquarter. I am francine lacqua. A conservative Party Leader Theresa may repairs for government. To name her brexit we speak to black rocks Rupert Harrison pit we have some breaking news. Lets get straight to markets and see what oil is doing as the ia putting up reports saying there is records of oil supplies while the u. S. Output slumps. We had some rejection raise for how much demand for oil will factor in for the second half of the year. This is brent, 47. 74. This is just the latest from the oil markets. Overall, i wanted to talk to you about stocks and pound. The pound set for the longest rally in two months as theresa may takes office. We are seeing something strange. The european stoxx 600 seen a little bit of volatility. The stock has lost the momentum that it had in asia. Lets get to the bloomberg first word news with nejra cehic. Their mark carney begin twoweek pilot there today policy meet later. And are expected to cut that is the First Tim
The search for yield is creating crazy conditions. Meanwhile, pimco is loading up on treasuries. Who is right . Less than half an hour to go. Take it to the bloomberg and show everybody what we think will be happening. The fair value calculation on the wei says we will see a softer touch. The story yesterday was a very strong day for european equities. The dax was up very strongly, the cac up 1. 57, the ftse flat. The pound is front and center in that story. Caroline it certainly is, and i want to check in on how it is doing today. We have had a bit of a rampup as the new premise to recep to come in today. Some sort of political stability coming into the united kingdom, riskon tradeof we saw yesterday slowed into asia, up a tense of 1 . Despite those cautious notes, they dont believe in helicopter money. Overall, it has been a buying of equities in asia, up for a Third Straight day, above levels the eu exited. Meanwhile, yen is gathering steam, a reversal in the yen rallying after the