The Campaign Starts on december 2nd and people will cast their ballots 12 days later. Prime minister abe is framing the vote as a choice between abenomics and other alternatives. Translator through the election campaign, i would like to ask the people whether our economic policies are right or wrong. Id like to ask the public whether there are any other options. Reporter abe says his government has increased employment, income and corporate profits. He said his economic policies rectified excessive appreciate of the yen and put an end to hallowing out of industries and revitalized smaller businesses. He said abenomics isnt complete until people in rural areas can feel the fruit of the economic recovery. Translator we should maintain and spur the momentum of the virtuous economic cycle. That will enable people in all corners of the country to feel that the economy is recovering. There is no other way. Our Growth Strategy faces arguments from both supporters and opponents. Some strongly
German bond is the short of a lifetime. He joined street smart earlier today to explain why he is betting against German Government bonds. Bill its about five years forward in both germany and the u. S. , but the yield difference between those two is about 200 basis points lower for germany. So equal quality, yes but 200 basis points lower in germany. That says u. S. Treasuries are a whale of a by and german bonds are a whale of a short. Im suggesting if you want to hedge, the best thing is to sell the german bond and by u. S. Treasuries. Emily he says most investors want to wait for 12 to 18 months because thats when the u. S. Quantitative easing program is set to end. A generic drugmaker has rejected an unsolicited takeover offer from Island Pharmaceuticals saying the proposal does not reflect the value of the company. This comes after there was an unsolicited 40 billion offer. Mylan says it wants to stay independent. The saudi arabialed coalition has ended its airstrikes in yemen. O
Local governments will be enough to keep the country afloat until the end of may. Access to the cache is critical with bailout talks at a standstill. Here is former ecb president. We have to be totally realistic. It all depends on the maturity of the position of the great government understanding that in any case, if it wants to deliver growth and jobs, which is the main goal of the government it has to produce recovery. Emily people say resistance to greek assistance is growing at the ecb. Russia plus takeover of crimea across the country cost the country 27 billion, and costs are expected to rise. Thats what the russian Prime Minister told lawmakers today. He also blamed western sections and Falling Oil Prices for russias economic woes. The russian economy contracted last quarter the first gdp decline since 2009. German Software Giant sap for sorted reportedly 20 26 drop. Here is their ceo. The currency effect is very helpful. It took a 12 Growth Business to 24 . In every region, we
He joined street smart earlier today to explain why he is betting against German Government bonds. Bill its about five years forward in both germany and the u. S. , but the yield difference between those two is about 200 basis points lower for germany. So equal quality, yes, but 200 basis points lower in germany. That says u. S. Treasuries are a whale of a buy and german bonds are a whale of a short. Im suggesting if you want to hedge, the best thing is to sell the german bond and by buy u. S. Treasuries. Emily he says most investors want to wait for 12 to 18 months because thats when the u. S. Quantitative easing program is set to end. A generic drugmaker has rejected an unsolicited takeover offer from island pharmaceuticals, saying the proposal does not reflect the value of the company. This comes after there was an unsolicited 40 billion offer. Mylan says it wants to stay independent. The saudi arabialed coalition has ended its airstrikes in yemen. Officials say it has succeeded in
Secretary and said that the National Security council show the billions he met with Russian Foreign minister sergei number of japanese officials said yes she told mom from that russian and ukrainian officials should hold direct hikes. Yet she said Prime Minister shinzo that wants to promote ties with russia and build on his personal relationship with president invited me included by this as it is essential that the crisis and peacefully. Bob brown said the International Situation is tax on he said its important that the russians and the japanese keep talking ive said repeatedly that russian leaders did not recognize ukraines interim governments. Authorities in crimea are making their cases days before a resident decide on whether to split from ukraine and join russia. A senior official says russian lawmakers will and swiftly if Voters Decide in a referendum to break away the event the russian government will take steps to the plan for me its inclusion in russia. This includes was in a