For lease. Indian inflation shoots up in july thanks to higher food costs and the softer rupee making the job a stimulating for growth all that much harder. And 120 people are dead and 5,000 injured as police crack down on supporters of the post president Mohamed Morsi turns violent. Welcome to a brandnew edition of worldwide exchange. Very busy day for these european markets. We get Second Quarter gdp, but also the boe mpc minutes and uk jobless numbers. The eurozone economy is expected to emerge from recession in the Second Quarter. Thats according to estimates of the flash gdp figure to just about an hour from now. The 17 asian bloc is forecast to grow by 0. 2 , ending six straight quarters of contractions. Now, the gains have really been driven by europes largest economy, germany, which posted this very robust 0. 7 jump in gdp from the previous quarter. This is the largest expansion in more than a year, which came in just above forecasts of 0. 6 . I also want to show you, just a co
time in two years. astrazeneca s first quarter sales miss forecasts. germany lowers its out llook. announcer: you re watching worldwide exchange, bringing you business news from around the globe. all right. welcome. we are reunited. back together. that s what my agent says. and how was it? i was worried about you with the bird flu. yeah, so was i. but i think i m okay. not a carrier. i didn t get any forehead temperature taken or anything. they just had the first case in taiwan and it was from a guy who was in shanghai. people are worried about it. being in hong kong, as well we did not sync that up very well. that s okay. you re back now. i can t wait to hang out with bernie. i think that s going to be a lot of on fun. he s great. you know what i m saying. yeah, yeah, we ll leave it there. i won t harass you yet this morning. too low interest rates for too long can lead to distortions and capital markets not very helpful in the eurozone.
and a surprise rate cut from the bank of thailand is hitting home in yet another emerging economy. er you re watching worldwide exchange, bringing you business news from around the globe. good morning to you. so much to get to in today s program. kelly is a little bleary eyed this morning. it s because i watched the debate this morning. you just happened to wake up at the exact moment that debate started? i thought i ll just watch it for two or three minutes to get an idea of what s g 90 minutes later. and your initial thoughts? i saw the first one because i was in the u.s. for it. it did come off as dour. this one was livelier. but i don t know whether there was necessarily the narrative is that president obama did better than last time around. whether it was as much of a game changer i think is still up for debate. in any case, president obama and mitt romney have one more debate next week. they may have left it all out on the mat last week. they were muc
workers accept a 22% pay rise, ending six weeks of protest and violence. you re watching worldwide exchange, bringing you business news from around the globe. welcome to today s program. it s hump day. halfway through the week. i don t think antoine got the message. if he did, he wasn t listening. it s also speak of what today is, international what is it? pirate speaking day? speak like a pirate day. it s the tenth anniversary of international speak like a pirate day. are you suggesting there s a connection? there was a connection to bristol, you were saying. yeah. we ll get into that. there s so much there. we can t do it right now. coming up on today s show, minutes from the bank of england s monetary policy meeting. we ll find out whether the decision to keep qe unchanged this month or not. htc with a brand-new product, but will it be a phone or a tablet? possibly both. brazil is expected to begin hiking rates soon, but we ll talk to one guest who sa