Haidi no doubt the highlight of the week hello from sydney. This is daybreak australia, two hours away from the open of asias first major market. P. M. Int is past 6 00 new york. All eyes are down south and in hasi where Hurricane Irma reached land. These are live pictures of the miami shoreline, palm trees being knocked around by the wind of 135 miles per hour, category three storm when it hit land. 200 billion is the assessment right now of the damage in the u. S. , but that could go higher as we see the storm track interestingly enough west, and area people did not think the storm would hit. Haidi always unpredictable. You cannot track the path of the storm. You can track it using the hurricane go function. Lets see this. You talk about the cost, 2 trillion of property being threatened. You want to look at the cost of natural disasters in terms of widespread economic look, we , consumerl sales prices, all of that data coming through. We will be getting a better idea of the idea of H
Revealing more about the 10th anniversary iphone, apples most important new product in years. Welcome to daybreak asia. You, thewere showing devastation by Hurricane Irma as it made landfall today in florida. Bring up those pictures again of what it looked like an ft. Myers. Certainly very scary as the storm moves westward. We are tracking the path on our bloomberg here. Hurr , irma taking a different direction, more westward. The severity of the storm is continuing to decline. By monday at 2 00 a. M. , a category one storm. That may be why we have seen various estimates, including one reducing estimates of damages from 200 billion to 48 billions 48 billion. It is a movable feast, isnt it, as we assess that different kinds of damage to property. There are households without power and some may go without power for weeks to come. Some of this infrastructure damage will need to be built from the ground up. We will be talking to a Real Estate Developer with property in miami and get his ta
Good morning and welcome to Worldwide Exchange. Im sara isner and im wilfred frost well get the latest on irma in just a moment, but first, lets check on global markets. Apple led the nasdaq higher ahead of its big iphone unveil today. 11 out of 11 sectors on the s p were higher led by the banks reverse ago 3 decline last week for the Financial Sector that was mainly because of yields rising. Also reinsurancers got a big boost on the back of irma. They did, indeed. We also had news on barclays at the conference, Goldman Sachs and wells fargo in the spotlight. We look set for another positive day on wall street ten heavy year treasury note was key yesterday, as i said yesterday we touched below 0. 5 moving close to 2. 15 yesterday and we remain around that level. So a big move, higher in yields yields it pushed the dollar higher, it pushed the equities higher, as well and the move continues in asia overnight the japanese nikkei after a 1. 4 day the day before higher, another 1 gain over
Fully back to go youre watching aljazeera live from our headquarters in doha also ahead after backing opposing sides in the syrian war the leaders of russia and turkey agree to work more closely to help and a conflict plus. Students joined growing support for catalonia is independence referendum and puerto rican status aided by Hurricane Maria say aid from the u. S. Is moving far too slowly. The u. N. Secretary general Antonio Terry says the crisis in Myanmars Rakhine state is the worlds fastest developing refugee emergency more than half a million or hanjour have fled to bangladesh since august but others havent survive the journey our diplomatic editor james bays reports from the un. They died at sea men women and children fleeing bloodshed in tallahassee and the torching of homes in myanmar they made it onto a boat taking them across the water to bangladesh only for the vessel to sync up this tragedy the Un Security Council was told a result of a massive flow of people over half a m
Him for this is al jazeera live from doha also ahead after backing opposing sides in the syrian war the leaders of russia and turkey agreed to work more closely to help end the conflict plus. When spain joined growing support for catalonia independence referendum and the wells atomic watchdog voices on the fast pace of north Koreas Nuclear Weapons Program. Hundreds more refugees are amassing at myanmars border with bangladesh some have told aljazeera that they have been warned another military crackdown on Myanmars Rakhine state is imminent meanwhile the u. N. Secretary general tanya terry says the crisis is the worlds fastest developing refugee emergency added a magic editor james based reports. They died at sea men women and children fleeing bloodshed. And the torching of homes in myanmar they made it onto a boat taking them across the water to bangladesh only for the vessel to sync up this tragedy the Un Security Council was told a result of a massive flow of people over half a mill