We are going to start in athens. Eurogroup president jerome is set to meet greeces new government for the first time later today. It is a story that everybody is watching. We are trying to work out whether there is a mandate. We will talk about that in just a moment. Lets talk about sanctions on russia. This is also part and parcel of the greek story at the moment. Increasing violence in eastern ukraine. We are watching the story very carefully. There is talk of more individual stories here potentially more visa bans. Ryan chilcote is on the ground in brussels. What have you been hearing from the Foreign Ministers . Effectively, what theyve done is kick the can up to their bosses. February 12, the heads of state gather here in brussels. What the Foreign Ministers did last night was agreed to expand the black list of individuals subject to travel bans and asset freezes and also extend some sanctions that were imposed right after crimea was annexed. Those are sanctions light. One to 10,
4. 2 billion pounds to show premiere League Football but bt hits the back of the net with its own deal. Nicely done. Heineken shares higher but they may lose fiz this year amid demand in markets. We are still battling with our programs. They will be addressed in the long hall. Battling against weak demographics in europe. Countries are recovering. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Lets have a quick look at where the greek bond yields are trading. The two year not the three year, has kbon above 20 . Thats at 20. 2 with the three year at 18. 2 . Banking stocks are sharply lower and the athens index is down the best part of 4 . This comes as the greek finance minister says the greek debt cannot be paid off in the near future. In an interview with german magazine stern he added if a debt can no longer be paid it leads to a hair cut. This ahead of talks with his counter parts and ecb president today. It comes after the greek Prime Minister
That time, she is sold in the book tends, she wont be here to speak and she will not be here to sign her book. That is why i announce that we are going to have lynn share here. I think she is actually here. Im going to stand up. Youre watching booktv on cspan2 with top nonfiction books and authors every weekend. Booktv television for serious readers. From my father i inherited my confidence my resilience, my my passion and my audacity. Looking back although was never explained to me he taught me the spirit which is the greek idea of honor and doing the right thing even when ones interest for ones own life is in peril. Growing up what i never felt anything but a study in there were two stories about the Second World War and grief that i kept close to my heart. The first, was when Benito Mussolini battalions Prime Minister asked the Greek Foreign minister for free passage through greece and on the spot at 3 00 in the morning without hesitation he said nine. It was a spirited defiance and
Prefecture. Once again, a magnitude 6. 9 earthquake has struck off the coast of iwate prefecture in northeastern japan at around 8 00 a. M. Japan time. 8 06 to be exact, on tuesday. Tohoku electric Power Company says hidashi mura and omagaki Nuclear Power plants have not reported any abnormalities. A Nuclear Facility for reprocessing spent nuclear fuel in aomori prefecture has not reported any irregularities. The Japan Meteorological Agency has issued a tsunami advisory off the coast of iwate prefecture. It says that it observed 10 centimeters at the ports of miyako and kuji 20 centimeters at around 9 00 a. M. Japan time. It also observed a severalcentimeter tsunami at kamaishi port around 8 40. Major damage hasnt been reported so far. But authorities have issued an evacuation advisory for about 20,000 residents in the area. Officials say anyone in those areas should listen to local authorities and Disaster Management officials for information and instructions. Officials at iwate hanam
Near record 10 Million Barrels a day. Of the 50 or so oil related stocks that i follow only about ten, 20 are up over the past month. All down more than 20 . Goodrich petroleum down more than 40 . One group that has been completely i think ignored, the offshore drillers. Theyre down worse, when youve got the hercules offshore. You cant even mention it now. All difficult. Ensco, a very modern rig system. The number of rigs coming on is shocking. People dont understand its about supply not necessarily demand. The tenyear treasury yield at 1. 92 or so. Again, down from our recent highs. But lets not forget jim. Yes, were down in the near term, but were actually higher than we were by about 30 basis points for our lows so far in the year. Excellent. Also in our road map this morning, shares of Gilead Sciences are down. Could be the big stock story of the day. The Company Warning of complications related to its hepatitis c drug. Chuck schumer calling for an investigation into Lumber Liquida