Built up for our sports team plus a germanys or probable new government gets the european stamp of approval and thats not just because berlin will contribute more to e. U. Budgets forget the details from brussels correspondent and the textile company in burke enough i also using the internet to fend off chinese competition a look at the quality cotton garments of that are a runaway hit in europe. Im loyal to her are great to have you along everywhere. The feud over north Koreas Nuclear Program Moves to center stage on the eve of the Olympic Games in south korea u. S. Vice president mike pence has arrived in seoul and is promising new more aggressive sanctions against the north while he met. With south korean president moon jay in following on his warning not to allow pyongyang to quote hide behind the olympic batter and today kim jong owner presided over a military parade a show of force after sending athletes and performers over the border well that move is seen as either a bit to tha
Top stories in brussels and strasbourg. On todays programme as the brexit secratary accuses the European Union of discourteous language, will the government get the frictionless trade with europe they want after brexit if were not in the Customs Union . Angela merkel does a deal with her socialist rivals to form a coalition five months after the german elections, but how stable will her new government be . And how should brussels new top euro grant be chosen, we investigate the process. And has the European Parliament voted to abolish summertime . All that to come and more in the next half an hour that to come and more in the next halfan hourand that to come and more in the next half an hour and joining me for all of it is the mirrors associate editor and camilla comedy of the express but first heres our guide to the latest from europe in 60 seconds. Turns out its notjust the brits who like to talk weather, much of europe has faced freezing temperatures with parisians even skiing down
The riskoff sentiment also rattled the crypto world bitcoin falls to 6,000. But the ceo of bp tells cnbc that the rough years are over for his country, shrugging off the recent market volatility as they post betterthanexpected fourth quart earnings. We have gotten through years of difficulty. This market turmoil, we are only back to where we were on the 1st of january were very longterm good morning a bit of a bloodbath in europe the ftse down about 1. 65 . The dax almost down 2 the cac down 1. 25 and the ftse mib down 1. 25 . Lets look at the sectors across europe its not a pretty picture for any of them. We can see basic resources down 0. 25 . Financial services down 2 down. Industrials down almost 2 not a lot of good news for investors in europe. After a long stretch of complacency, volatility is finally back lets look at the vix. Note that it posted its biggest oneday jump in almost two years. It was interesting to note just the evolution of the selling on wall street overnight. It
Great to have you along everyone. Has the feud over north Koreas Nuclear Program Moves to center stage on the eve of the Olympic Games in south korea u. S. Vice president mike pence has arrived in seoul and is promising new more aggressive sanctions against the north in met with south korean president moon jay in following on his warning not to allow pyongyang to quote hide behind the olympic battle and today kim jong moon presided over a military parade a show of force after sending athletes and performers over the border all that move is seen as either a bit too thought relations with the south or a ploy to provoke the u. S. North korea and the United States are still sending mixed messages a day before the twenty teen winter games. Despite signaling it was willing to talk north korea hasnt traded the same for the olive branch quite yet pyongyang staged a massive military parade marking the founding of its armed forces. Addressing his troops north Korean Leader kim jong un called on
World Economic Forum in switzerland we will hear from our Senior Business editor ben physical and polish there and so who is u. S. President joe trump is edging closer like they should agenda likely to clash with the doubles crowd your business will have full coverage for you live throughout the day. Im sorry kelly welcome to the program a fire has torn through a hospital for the elderly in south korea killing at least forty one people and injuring dozens more the disaster unfolded in the Southern City of near young reports say that the fire broke out in the emergency room of the hospital and soon engulfed the building firefighters needed several hours to extinguish the blaze some people had to be rescued in daring operations several are in Critical Condition it is being called one of south koreas deadliest fires in recent years. And for more lets bring in our correspondent Jason Strother who is standing by with the latest from south korea so jason the number of casualties has been ris