Stealing government information. Plus. Im in ecuador, the first stop of Pope Franciss weeklong tour of Spanish Speaking south america, where billions of kath legs have abandoned the catholics have abandoned the church greeks are voting yes or no in a referendum effectively whether theyll stay in the eurozone or not. The greek Prime Minister Alexis Tsipras is surging a no vote and he cast his vote. Greeks are split on what is best for them. What is the vote about . It will decide whether greeks accept International Proposals for more austerity in change for rescue loans. Greece needs them for nonpayment. The European Commission a troiba of cred tars troika of creditors and the european strang wants greece to raid slashes and slash welfare spending. The debt stands at 340 euro. The creditors were accused of fearmongering describing it as a form of terrorism. Thee warn greeks that a no vote could mean crashing out of the eurozone. Here is what Alexis Tsipras said as he cast his vote earli
The first stop of Pope Franciss Spanish Speaking tour of latin america. And the penalty shootout win over argentina in the copa america, giving chile their first major title so we begin in greece. The birth place of democracy where history is in the making. Greeks are voting yes or no in a referendum on their financial future and ultimately whether or not they stay in the eurozone. Its been a hectic few days of campaigning. The greek Prime Minister Alexis Tsipras and his finance minister are urging a no vote. So far, though it looks as if the country is evenly split. The vote will decide whether or not greeks choose to accept International Creditors proposals for more austerity in change for rescue loans. The European Commission one of the troika of creditors, with the International Monetary fund wants athens to raise taxes and slash welfare spending to meet debt obligations. The greek debt stands at a whopping 340 billion euros. On the eve of the referendum the greek finance minister
Where millions of catholics abandoned the church and hosts chile celebrate a copa america triumph, the first major football victory greeks are voting yes or no in a referendum on their financial future and whether, ultimately, they stay in the eurozone. Its been a hectic few days of campaigning. The greek Prime Minister Alexis Tsipras and his finance minister are urging a no vote. So far it looks as if the country is split. The votes will decide whether or not greeks choose to accept International Creditors proposals for austerity in change for rescue loans. Greece needs the loans to avoid a banking collapse. Here is about what the finance minister has been saying as they cast their ballots. Translation the grooem sent a message of desizivesness. No one can ignore a nation living with decisiveness. Our peoples decisiveness wince from the propaganda of fear. I am sure tomorrow we open a road of all of europe. Translation the massive failures of the European Group leading to failures. To
Lets quickly check on your did. We see somey where distortions are some of the key data points we need to watch out for. Risk assets seems to be taking a breather amid the further signs that chinas economy is cooling. Base metals seem to be dragging down a lot of the mining stocks. Bp and the stoxx 600 basic resources down 1. 3 . Major currencies drifting before the Rate Decision. The inflation data which is why want to show you the pound 1. 32106. And eurodollar. We will talk plenty more currencies throughout the hour, the lets get to first word news. North korea has been to use a Nuclear Weapon against japan. Agency quotednews that japans archipelago should be sunken into the sea. The japanese said that the threat was an abominable provocation. , some has blood chinese backed investors from buying a semi conductor. The fourth time in a quarter of a century that the u. S. President has stopped a foreign takeover of a firm. China says it is concerned by the move and that the u. S. Shou
As saudi arabias Oil Ministers say they may need to extend cuts. This is bloomberg surveillance. I am mark martin. Credit agricole crt head of g10 fx surge. A question for either of them, do run tv function on your bloomberg. Hit i. B. Show producers. Here it a look at markets across the globe today. The stoxx 600 gaining for a second day, marginally up by. 1 . Rising for the fourth day in five. One question i will be asking to valentina is is the election a game changer for sterling . 2. 22 percent. Yesterday evening, we had the feds beige book, the Regional Assessment of the u. S. Economy continuing to grow across the u. S. At a modest to moderate pace in recent weeks. A tight labor market. Mixed. R spending was that is worth noting. Crude oil rising today. 50. 66. Data showed crude production rose to the highest gasoline stockpiles climbed for the First Time Since february. Let us get the bloomberg first word news. Here is nejra cehic. Nejra japanese exports throughout the fastest r