Economic forum in davos the gathering the worlds business and political elite put under way with a plea for free trade from indias near and promoting on the same day that america stopped fifty percent tariff some some imports of g. W. As Helena Humphrey as the latest from the swiss alps india is open for business thats the message from the countrys Prime Minister and no range of modi warning against the rise in trade barriers just days ahead of the appearance of protectionist President Donald Trump at the World Economic forum im headed home for in davos and well have more coming up on the nominees for this Years Academy awards have been announced well take a look at the favorites ahead of the biggest night in hollywood. Will. Im phil gayle welcome. To the program. Turkey has intensified its military offensive against Kurdish Militias in Northern Syria despite criticism from the International Community United Nations says the fighting has already displaced five thousand people and left
Governments relenting to the shut down with a shortterm funding deal. Mitch mcconnell praised the decision yesterday. After three days of an unnecessary lapse in funding, a bipartisan majority has brought the Democratic Leaders extraordinary filibuster to an end and pass the bipartisan deal to reopen the federal government. As i said repeatedly over the past week, shutting down the government isnt irresponsible way to do business. Markets rally on deal. The dow, nasdaq, s p 500 all closing record territories. Half a percent of the dow up 143 points or 26,214. The nasdaq up 1 higher. Now 74 weight. Features a sporting show momentum continue. All the major indices in positive territory. Though investors up 73 points. Nasdaq up another 10 points. In europe across the board take a look at the european indices right now. Dax or three quarters of 1 in germany up 132 points. The others in positive territory. Same story in asia as the best performer they are hong kong hang seng up one and two
With high flyers from the Business World n. G. O. S and charities indian Prime Minister Narendra Modi kicked off the proceedings on tuesday. Message was simple a warning about the protectionist tendencies of some countries. Hes diametrically opposed to u. S. President donald trump who has just imposed punitive tariffs on a range of imports. Paul said some argue many societies and countries are becoming more and more focused on themselves it feels like the opposite of globalization. The negative impact of this kind of mindset and wrong priorities. Cant be seen as any less dangerous than Climate Change or terrorism. Modi speech was greeted with wide acclaim among davos participants european heads of government in davos say europe has recovered from its economic crisis and has been heading a pill for some time germany france italy and spain are united in their push for globalization and against protectionism. We believe we have to cooperate and that protectionism is not the right answer a
N. G. O. S and charities indian Prime Minister Narendra Modi kicked off the proceedings on tuesday. Message was simple a warning about the protectionist tendencies of some countries hes diametrically opposed to u. S. President donald trump who has just imposed punitive tariffs on a range of imports. Paul said some argue many societies and countries are becoming more and more focused on themselves it feels like the opposite of globalization. The negative impact of this kind of mindset and wrong priorities. Cant be seen as any less dangerous than Climate Change or terrorism. Modi speech was greeted with wide acclaim among davos participants european heads of government in davos say europe has recovered from its economic crisis and has been heading a pill for some time germany france italy and spain are united in their push for globalization and against protectionism figure that we believe we have to cooperate and that protectionism is not the right answer and we believe that if we share
Anna a very good morning, everybody. This is bloomberg daybreak europe. We have been in davos all week. We build with a crescendo towards donald trump speaking at the event. Haslinda amin is there. Haslinda good morning. The trump day. Be he is expected to deliver a keynote address at 2 00 p. M. Local time. What is the message . Nobody knows. It is likely a push for America First. About one year ago when he came to power, a lot of people were saying it could be a doomsday scenario, weighing on Global Growth. A year on, lots of optimism, and we are feeling it here. Plenty to talk about today. Final day in davos. Shortly, i will be talking to different guests. We will also bring you an exclusive interview with francois bill oreilly with francois velleroy. Villeroy. Ancois lets have a look at where we are in the markets. This is the asian equities session, down. 2 , losing a bit of ground. The Australian Market is closed. Australia day there appeared the Australian Dollar getting a little