5 billion this year. As donald trump insists he is the least racist person, the s minister calls him an asteroid of awfulness. This is Bloomberg Markets middle east. I am yousef gamal eldin in dubai. U. S. Markets close for mlk day. The Asian Session off to a strong start. The global map gives us the pulse. Gains in the hang seng, up. 6 . Asx 200 up as well,. 3 . On the foreignexchange side, a move in the mexican peso off the back of positive whispers around ,he future outlook for nafta the yen rising to a high against the dollar. Some of it on governor kurodas comments, but also Short Covering from traders. Interesting moves in commodities. The weaker dollar feeding into these trades. 1. 2 , leading the complex higher, even after china data missed expectations. Lets cross the board and let me show you other key asset classes. Brent crude, a lot of commentary , still new highest close in three years. More opec members calling for cuts to be kept through the end of the year. Story. Gain
And ago we begin in athens, where greek officials and International Vendors have clinched and apparently 85 billion euro bailout agreement, after marathon talks continued throughout the night. Officials are saying that minor details need to be sorted out, but it raises hope that aid can be dispersed at a time for major read major debt repayment. Lets listen to what the European Commission spokeswoman had to say. In principle on a technical basis, talks are still ongoing. Is when the step political assessment will be made. Annette i am joined by kate moody from the business desk. Brussels is being rather cautious, but what is athens saying . Are beingk officials optimistic, talking about white smoke in the face of deals, several months of negotiations. Greek Officials Say this package will be worth 85 billion euros over the next three years. 10 billion euros of that is expected to go to recapitalize greek banks. That will happen quickly in the months to come. At least 3 million will hav
Between disclosing John Podestas gmail accounts and back and forth and undermining of Hillary Clinton and thoughts on her and a personal nature, and the leaking of classified information, there isays maive, massive difference between the two things. And again, the interests and the outrage that occurred last year by a lot of democrats when it came to leaks is interesting were hearing not as much outrage now when it comes to issues of National Security. April . Reporter sean, couple questions, one you said you affirmed congressman cummings was meeting with President Trump today. Yes. Reporter in the last press conference, the president talked about senator schumer telling elijah cummings, what happened to smooth this over and what is the conversation about . Solely be on high cost of prescription drugs . I think the nature of the meeting stems from the conversation they had on the phone which was on prescription drugs, and then im sure that if congressman cummings or the president sprin
Colder. Reporter its going to last a day or two, and then we are back in the 60s and 70s as we get closer to christmas. Theres the live shot on sky6 live hd. Blustery and cold wind whipping around out of the west anywhere from 20 to 30 Miles Per Hour. 28 Miles Per Hour in philadelphia. 22 in trenton. Allentown, 25. Reading, 25. Philadelphia, again, 28. Wilmington, 26. And millville, 26 Miles Per Hour. So all these numbers that you see behind me here feel like the mid 20s. Reading, 32, windchill of 22. Millville, 35. Cape may, 37. Dover, 34. They are freezing in allentown. Satellite and radar, believe it or not, buffalo for the first time this season has picked up meferl measurable snowfall. They had 30 inches of snow this time last year. A late start to winter. Now that the cold air is pushing in, were seeing lake effect snow flurries, there could be flurries in the poconos. Everybody else wind, sun and clouds. Lunchtime, 40. 2 00 p. M. , 42. 5 00 p. M. , back down to 41. Well talk abo
57 degrees today. A little cooler than yesterday but still not bad. Rain on the way tomorrow, karen. Ill have details coming up. All right, our construction is clearing. Thats helping us out this morning. Looking live on the schuylkill expressway at south street. Eastbound traffic headed towards passyunk. The ramps connecting the schuylkill with south street were closed overnight. That were running a little late in reopening them at 5 00 a. M. But now theyre opened and things are looking fine on the schuylkill. Other vine street expressway we had construction. Theyll come back at 11 oclock and close them overnight n sanatoga crews blocking a lane on 422 its eastbound past evergreen road. Its been moved off to the shoulder. Had been blocking a lane because of the debris on the roadway so thats the update for you now. Emergency crews on the scene with this one. You want to watch for that. In hatfield Montgomery County another accident here. Police are on the scene on forty foot road at w