Ray you are probably going to lose. Francine and the worlds top automaker at the geneva auto show. All this, plus the weeks most revealing charts coming up on bloomberg best. Hello, i am francine lacqua. Welcome to bloomberg best, a weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets take a day by day look at the top headlines starting at , a bold policy step on monday from the peoples bank of china. Jonathan the big story the Chinese Central Bank cutting the reserve requirement ratio by 50 basis points to 17 reducing the , amount of capital that banks need to hold in reserve. This is hot on the heels of one of the biggest months of new credit growth in china. Is that a story here . Enda you are completely correct. This is both a significant surprise and a significant move, especially when you consider the amount of liquidity they have already pumped into the system. In the near terms, it will add to credit growth
You are probably going to lose. Francine and, the worlds top automakers top business. All of this, plus the weeks most revealing charts coming up on bloomberg best. Francine hello. Welcome to bloomberg best, kobe could review of the most important Business News, analysis, and Business News from Bloomberg Television around the world. Thats take a day by day look at the headlines, starting with the bold policy step by the peoples bank of china. The Chinese Central Bank cutting the rate to 70 , reducing the amount of capital that banks need to hold in reserve. This, hot on the heels, of one in china. Gest months this is a significant move. Se and a significant in the near term, this will add to credit growth in china. That will help the economy grow in the short term. The biggest picture is you have to wonder what signal it will chinasut confidence in economy now. It comes at a time when they are suffering from outflow. If anything, this will put further pressure on chinas foreign investo
Is this the car of the future . B w celebrates 100 years with a futuristic car that knows what you are about to think. I am brent goff. It is good to have you with us. Turkey is raising the stakes at an Emergency European Union summit on the refugee crisis tonight. Ankara is offering to help curb the flow of migrants, but only if youre pays it 6 billion euros t. Inside the European Union, leaders remain divided over what to do about the influx. We start at the emergency summit in brussels. Offens thousands of migrants stranded at the greek border to macedonia. At the summit, the most contentious issue. When we are talking about bringing down the numbers of refugees in greece, we are not talking about closing anything. Reporter it is a matter of definition. Other leaders insist there is no open route anymore. We are in favor of organized relocation. Officially closed or not, greece is overwhelmed by refugees and facing a humanitarian crisis. And then there is turkey and the e. U. s exte
Point of the bridge been very very careful those elevated surfaces. It will be more slick out there right now again the traffic is not going to be the issue eastbound and westbound moving fine across the high rise about the crappy network maps minor minor delays right now fifty eastbound at the midtown told that sports within to norfolk drop down to twenty three at the western freeway split your head and five sixty four west into the base. I am single vessel traffic back to the runway title he got down to thirty four there was little slow as you head into the base but other than that we are moving pretty well across Hampton Roads right now and coming up at six ten will see if things are moving just as well on sixty four round battle field in greenbrier. All right ashleigh thank you Hillary Clinton and donald trump claimed victories in virginias president ial primary on the republican side trent took thirty five percent of the vote the florida senator marco rubio came in a close second
Partys nomination. I will not compromise a way. Reporter ted cruz hope to win in texas. Talking religious liberty and the Supreme Court nomination. You know what they say about men with small hands. Rubios insults against trump subsiding. A truck ral nevirginia tension. Get him out. A large group of student protesters marched out and a 44 photographer time thrown to the ground by the secret Service Agent. Gi dont think america ever stopped being great we need to make america hole. Reporter hilary hope to keep her lead over bernie sanders. It is time for massachusetts to lead the political revolution. Reporter a fundraising e mail from clinton looks at her late poles showing 49 of republican supporters would support a president trump. Reporter in virginia many voters are expected to turn out today more than the last time both primaries held both parties held president ial prierps. Abc news, alexander, virginia. Melissa immediate morning and happy match 50 t. Is clear outer there as we c