Might mean if not death hurts and not a very healthy situation for producers for the calm in general do you feel that the this policy of inflation targeting has been successful how fair is the the criticism coming from the production sector that they dont have free money enough. Targeting inflation is the right thing to do if you want our economy to be healthy if we want investors to trust us we definitely have to do this because this is a and we need to have a balanced budget in we need it smart morning tory policy in this is what central bank does. I can understand the criticism coming from businesses yes of course. They would like to get. Cheaper loans but the thing is we need to. Balance everything in a smart way we need to avoid having bubbles in our economy when there is a lot of cheap money available you invest it in something deserving. And you deserve this money into companies that dont have. Guaranteed demand. Look at what has been happening in recent years. The central bank
[applause] translator thank you, please sit down. Good morning. I brought something with me so to start off with your economic performance. If i have theit opportunity u brought me another copy. Thank you. I willti try to use your questis to share the most important states with you and that is a lot of relevance with what will happen in the future. I will try to get to your questions as soon as possible. Its a press conference and i dont want to take too much of your precious time. It is an opportunity for you to do your duty to ask the questions that you feel are the relevant for our people so lets start with questions. Usually the first person to ask a question is a veteran but this year i would like to give the first question to speak to one of the most active media organizations. Thank you very much. Mr. Putin, why are you running for president . What is your goals and mission, what do you want to accomplish for russia . What is your vision at the end oof the endof the term if you
Please sit down. Good morning. I have brought something with me so ill start off with our economic performance. If i have the opportunity, oh, you brought me another copy. Thank you. So ive got some more info with me. I will try to use your questions to share the most important data with you and that is a lot of relevance with what will happen in the future. I will try to get to your questions as soon as possible. Its a press conference and i dont want to take too much of your precious time. Its a great opportunity for you to do your duty to ask the questions that you feel are relevant for our people so lets start with the questions. Usually the first person to ask a question is a veteran from the kremlin but this year i would like to give the first question. [inaudible] this is a new generation of journalists and he was one of the most active media organizations. Thank you very much. I did not expect it. Mr. Putin, why are you running for president. What is your goal. What is your mis
Make it easier for exporters to sell overseas or last off, if they fell last month over 8 . Earlier on bloomberg surveillance, we heard from blackrocks chief strategist. At the Market Reaction in the bond market and it is a risk off move. The of Interest Rates leading the rally. It is a testament to concern that chinapicture coming after the export data is making a move on the currency. A lot of ramifications. The initial concern is, what is the saying about global growth. Stephen says he thinks chinas currency will currency wars will get worse. The agreement will give the greeks as much 4 billion in loans. 86 billion and euros. Greece has a payment due to the European Central bank on august 20. Stephanie google wants to become the Berkshire Hathaway of the tech world. Google is reorganizing into a Holding Company. The search and advertising units will be separated from new businesses such as self driving cars and help technologies. Each subsidiary will have its own ceo that has a stru
Getting too expensive. Well, weve got a money manager who thinks theres still room to run. Hell make his case, coming up. And disney still one of the big dow winners this year so far. We will be live at the companys socalled d23 expo to look at how the force behind the Star Wars Franchise could affect that stock. Jane wells, who else but jane wells, is on site for us. Our own princess lea. And its the company the New York Post said provided something close to legal Insider Trading. The ceo of media radar, and you may remember his name, will tell us how his ad tracking software is now helping hedge funds. Im very excited to talk to him. I may have interviewed him back in the day. Would that we had the footage. Its a story, those of you who have been watching the market for a number of years will remember it. Its a great story. First, lets start with Jackie Deangelis at the nymex with these gasoline prices spiking in parse of the midwest despite this slide in crude oil. Weve been talking