And all the input your b w story. Now, on to the, [000 00 00;00] the russia home to the worlds biggest natural gas reserves. The gas is needed, especially in europe. And to the end of the cold war, ushered in an era of Conflicting Energy dependencies and concerns. In the west. Youre giving the soviet union the heart currency and theyre using that to build up their military. And this is going to come back to haunt. Meanwhile, the 1980s, march, the beginning of one mans extraordinary career. As a case of this stuff, you have to be able to manipulate people because it has no such a single stomach. You should be good. Gas is one of his 2 main tools for coersion, for leverage for influence. Soviet traditions continue golf oil and gas dependencies as a political weapon was par for the course, and the warsaw pact company, one of the worlds most powerful men, history teacher, equally wielded. Whats probably his most effective weapon. With the help of gas problem, Vladimir Putin has implemented
Just continuing to track a bit higher. Were sitting at levels we havent seen since 2013 for this bond here. Certainly the question is, thage station that thage decision that were getting from traders, when were going to see the b. O. J. Start to cut or hike rates, were hearing them say the same three moves this year could be possible. We are getting close to the 1 market. Continuing to track the 10year yield at levels we havent seen since 2013. Really does play into the currency dynamics. Again today in the stherks yen fractionally weaker against the dollar here, trending back again closer to the 157 mark. Stocks wise, look, were a little high right now but fairly range bound on the session. That points to what were saying. Nvidia numbers are yet to come out. You mentioned the cleveland fed president , three rate cuts could no longer be appropriate. What does that mean for the dynamics of japan as well, that we continue to track. And also Rafael Bostic saying he expects a higher steady
Welcome to daybreak australia. Were counting down to asias major market opens. Annabelle a flat lead in for asia with stocks nearing alltime highs. Jamie diamond said the bank wont buy back a lot of stock at current prices. Haidi a high anticipated earnings report. We hear exclusively from the c. E. O. Jenseng on. Annabelle a lot of speculation after the iranian kings death. Sydney futures down about a on the 01 . The nikkei futures seeing a bit of weakness. Pretty cautious setup from wall street. We are waiting for nvidia numbers, the crux of the frenzy, and can it sustain another leg further . We are seeing futures to mild losses in hong kong. A bit of a dip in australia. Perhaps a little bit of a gain in japan once we get start. Remember, were trading pretty close to near alltime highs for a lot of these major markets. Thats right. It was pretty much the same story in the u. S. Session. We had u. S. Stocks sitting around the multiyear highs. Treasury is inching lower in the session.
We will provide new money to support the partnerships. From april 2015, the governmental elites one of the funding and get people back to work. The gross funds are having businesses get back into the game. We are going to support businesses and technologies where britain has a Clear Technology advantage. We will extend our global lead in aerospace and support the supply chain for advanced infection. Weve also support British Companies to new emerging markets in asia and africa and the americas. And increasing the funding for the uk by over 25 a year. So they can help more firms build the capacity of overseas british chambers and maintain our countrys position as the number one destination in europe for foreign investment. We are launching a new 1. 5 billion pounds export finance facility to support the purchase of british export. [cheers] third, we are addressing the credit problems of companies we are providing it with 1 billion pounds of extra capital which will leave her either plan
Get out there and sell to all of the Energy Companies the very clear and stable framework that the u. K. Has for offshore wind, for nuclear, for renewables and, indeed, for gas. I think its a very positive development, theres a huge amount of potential, pentup investment, and we need to make sure that results in british jobs and apprenticeships, and the government is fully committed to making that happen. [inaudible] pruitt. The Prime Minister obviously believes within the leveson report, there exists something that is bonkers. How would the Prime Minister give the views of his planning minister who has said tens of thousands of new homes will have to be built on greenfield sites. I think it is absolutely clear, yes, we should build on brownfield land, yes, we should try and deal with the problem of empty homes, but we do have to have a conversation about the need to build more flats and more houses, where we dont have the Current Situation we have where if you dont have the help of mo