We are here in london. I am guy johnson. What do we have coming up . Ready for recovery . Legal woes may be a thing of the past for hsbc. The bank reports results in about 15 minutes. We will bring you those numbers as we get them. Ppi could still be a big problem. We are going to talk about that. We are taking you to our top story. Portugal is taking control of boko a spirit of center Banco Espirito santo. Mark is here with the details. A lot of money. How is it being spent . It is being spent by the bank of portugal, the central bank. Up Resolution Fund was set in 2012, financed by the countrys 84 banks. They will take over the bank as a whole. Suspended shares on friday. It will move most of the assets and put it into this new bank, baank , which is new bank. It will use the proceeds when it sells the bank to pay off the treasury. So the Resolution Fund to the bank. Exactly. Within the central bank. That is what has bailed out Banco Espirito santo. Luckily, portugal still has 6 bill
Themselves through extortion and smuggling and are relying less on donations from wealthy benefactors, thats according to new bbc research. And macadamia gate. This south korean woman is forced to apologize for delaying a flight over a packet of nuts. Hello. The head of the cia has defended his officers as patriots, whilst admitting some had used ha he called abhorrent tactics in the past. In an unprecedented News Conference, john brennan said he couldnt prove the harsh treatment made the prisoners cooperate, but he defended the overall Interrogation Program for stopping attacks and saving lives. Reporter the cias headquarters are situated just outside washington. Away from the daily media and the capital. But they are wanting to know if the spy agencys director would describe as torture the harsh interrogation techniques used on suspects in the days after 9 11. In a limited number of cases, Agency Officers used interrogation techniques that had not been authorized, were abhorrent, and
Comments from the chinese premier saying they will do what it takes to keep the economy afloat, the gdp slows. He hinted it as targeted ezine. Easing. We are seeing Property Developers and casinos decline in hong kong. Rishaad breaking news coming through. China holdings save they are set to found kaiser, a company that took a 49 stake, saying it did on profitable. They say they will take Due Diligence to find out if they should be taking over kaiser holding. This is all conditional on satisfactory debt levels. Executives are saying that they drew this conclusion based on studying cases. These people did ask to not be named. We are not sure whether they have or havent pulled the plug pulled the on a full takeover. Talks say that Due Diligence is taking place. China is having a look at the congress, the conference ensuring growth while pushing through with painful reforms. We are joined now with a look on what is going on. What have we learned . Good morning. Nothing especially new. We
As the country nears its 16 half trillion dollar debt ceiling and lawmakers showing more interest in finger pointing and negotiating. We are not going to pass a clean debt limit increase. I told the president , there is no way we will pass when the votes are not in the house. The republicans and the speaker saying that there are not enough votes. They should prove it. Lets see what happens. Were not going to negotiate and to the threat of a prolonged shutdown until republicans get 100 percent of what they want. Gerri the anxiety on wall street is clear. Markets seeing red across the board says the government shu down. Take a look. What do all ofhese shenanigans mean for your bottom line . Is your retirement getting raided . Joining me now, the trader and editor of money news ultimate wealth report. Partner and chief marketing officer for in a Capitol Management and managing partner for kings new capital. I will start with you. Your biggest concern, fear, lori . We think this is a lot o
As the country nears its 16 half trillion dollar debt ceiling and lawmakers showing more interest in finger pointing and negotiating. We are not going to pass a clean debt limit increase. I told the president , there is no way we will pass when the votes are not in the house. The republicans and the speaker saying that there are not enough votes. They should prove it. Lets see what happens. Were not going to negotiate and to the threat of a prolonged shutdown until republicans get 100 percent of what they want. Gerri the anxiety on wall street is clear. Markets seeing red across the board says the government shut down. Take a look. What do all of these shenanigans mean for your bottom line . Is your retirement getting raided . Joining me now, the trader and editor of money news ultimate wealth report. Partner and chief marketing officer for in a Capitol Management and managing partner for kings new capital. I will start with you. Your biggest concern, fear, lori . We think this is a lo