A nose for trouble mans best friend is helping cuba clamp down on Money Laundering. Business youve got your business i was in berlin welcome the heads of the worlds banks the w t o and the International Monetary fund were painting a gloomy picture for the German Economy and they stopped by a berlin last night to meet. And today germanys top Economic Research institutes joined in and then they will autumn statement germanys Top Economists have lowered their Growth Outlook for this year to only 0. 5 percent at 1. 1 point one percent next year declining Global Demand for investment goods such as factory machinery in which germany specializes in socalled structural changes in the car industry was cited as reasons it ferguson has the details. The causes may be up for a good base but that message is clear europes biggest economy is slowing down germanys top 5 fiscal Research Institutes have now joined the government in causing this years growth forecast theyre now expecting the economy to ex
Referendum rapidly approaching. Lets get to the stories you need to know about. In london where oil tops 50 a barrel. Jodi schneider in japan. And mike mckee right here in new york with the latest fed talks. The rally continues in crude. Brent toppinggh, 50 a barrel for the first time this year. Javier blas, talk to me about driving things toward and barrel. Alter javier we are losing some had thousand barrels a day in nigeria. 700,000 barrels a day in nigeria. In the background is the demand that a strong. Everyone is driving a lot in the u. S. That combined with supply outages is bringing us to 50 a barrel. Jon i want to talk about debt supply. A 9 billion auction what does that tell you about Market Conditions . Javier the pain for the producers has been really acute. You see qatar borrowing 9 billion. They have a big production, relatively reduced population. It is not a country you would expect to be in trouble. That at 50,ing us the problem is not over. Although the markets have
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