Put another good morning. Its Worldwide Exchange on cnbc im sara eisen. And im wilfred frost. Its Throwback Thursday and its go to karaoke songs. And were holding some gains with a mixed picture. Dow futures down 6. 5. S p down 1. Nasdaq positive. Its been the outperformer its up 2. 5 for may. The chart to watch . Brent crude oil. Pushing above the psychologically important 50 a barrel mark for the first time. Were sitting just above there. Just holding on. Besee a half percent above wti. And brent. Wti 49. 84. And later in the show the fact that brent is above wti. Well get his perspective on how long it might hold this time. Lets check knob Global Market this is morning. Europe mixed. Just lost a little steam in the last half hour or so. Most of the markets are negative. Not too pronounced. Germany is positive. And spain is down because the banks are down significantly. Banco popular had a rights issue and down about 20 weighing on the sector more generally. Europe over the course of
Sixyear high. Welcome to countdown. We have some pretty big news to get through the day. The airliner was shot down over the Eastern Ukraine. The government blamed the attack on prorussian rebels. Deniedebels responsibility. It appears a russianmade ryanle hit the plane, chilcote is ukraine with more. Give us a sense of what you have been experience. The russian rebels they are arguing that this was done with a service to air missile. This was fired at some point yesterday in that area of Eastern Ukraine. A different ward. And Ukrainian Forces. The insurgents have denied that. The question of course is i was flying here is what was flight 17 doing there at all. That plane was traveling at 33,000 feet. There were restrictions. The Malaysian Air flight was in the right war was allowed to be flying where it was. Obviously, what was clear was a surface to air missile is what nato calls a gadfly. Today is manyeen Many Airlines saying that they are not going to find east of the country. Goin
Sachs leverage finance conference with a number of exclusive interviews, including the banks chief european economist and the cfo of europes telecom giant. Youre watching worldwide exchange, bringing you Business News from around the globe. And were just getting news out of italy. Rates came in at 12. 3 for all in july. It was 12. 6 and its expected to stay at 12. 6 . It came in lower than expected at 12. 3 . The youth Unemployment Rate hit a new record high of 44. 2 in august. So the overall rate is falling, but the youth Unemployment Rate going up. Were getting some data on the health of the german labor market. The seasonally adjusted jobless rate falls to 2. 8 million. German september jobless unadjusted rate was at 2. 65 . Slightly lower. But the adjusted rate was 6. 7 . Obviously, a lot of focus on germany. It can rely on growth, were talking about the biggest economy in europe. A lot of questions or concerns around what further sanctions in russia will do to germany. Absolutely.
Positive sign to protect Media Freedom in egypt. Unfortunately they have not gone free. Peter for Media Freedom and stay with us, we will be talking about this of course at length as people react to the news that the Egyptian Court handed down the verdict of 7 years in jail to peter greste, fehmy and mohamed and they accused with, well, im hearing now we will look at more reaction from a person following this on social media. Reporter im struggling to keep up with this one because its enormous and feels like unversatile condemnation and i bring up the hash tag on twitter, it refreshes with 20 new tweets pretty much every second and im not seeing anything that says they agree with what happened, time to boycott egypt but the job there and people say they are sickened by what they are seeing coming out of cairo today and we see an absolute spike on the twitter map and this is the map that shows you where free ajam is twittering and this is close to the levels we saw on the global day of
0k where are you from . Syria syria . Thereve been violent clashes in belarus as Alexander Lukashenko is declared the landslide winner of the countrys general election. And a metal detectorist says he was left shaking with happiness after discovering a hoard of bronze age artefacts in southern scotland. The find included a complete horse harness and sword. Hello, and welcome if youre watching in the uk or around the world and stay with us for the latest news and analysis from here and across the globe. Here in the uk, government ministers are insisting there is little evidence that coronavirus is transmitted in schools, as they push ahead with plans for all children in england to return full time to the classroom next month. The uk education secretary, Gavin Williamson, has suggested that an upcoming study will support the governments position on reopening schools. Borisjohnson, whos expected to visit a school later, is understood to have made it clear that schools should be the last t