To world news today. The german chancellor Angela Merkel has called for european unity in the face of brexit and the election of donald trump. Speaking at an Election Rally in munich in southern germany, she said the events of the past few days had shown that the europeans could not necessarily rely on other nations. Translation we europeans must really take our fate into our own hands. Of course, in friendship with the United States of america, in friendship with Great Britain and as good neighbours, wherever that is possible also with other countries, even with russia. But we have to know that we must fight for our own future on our own, for our destiny as europeans. And thats what i want to do, together with you. Her comments follow the g7s failure to commit to the 2015 paris climate deal. Earlier the german leader described the talks as six against one, calling the summit in sicily very difficult and very unsatisfactory. Instead she described the relationship between berlin and new
Hit markets since the year began, is up the most among the big three over in europe. The tenyear note yield, crude oil always a key consideration here. You can see the tenyear note yield below 1. 8. Wti up 6 . Brent also nearing that 35 mark. Were well above 30 on wti. Our road map this morning, it starts with apples fight against the fbi. Things continuing to heat up. Tim cook sending another letter to employees, and fbi director james comey taking a shot at apple in an oped. Ailllergan with better than expected results. Facebook teams up with samsung with Virtual Reality. Over at barcelona. 2017 additive. You mean Virtual Reality will be added for facebook in 2017 . I think so. If you parse what Su Zuckerberg said in the last conference call, he doesnt do anything unless its now, versus google. Google says how much money you are really making on this . Want to talk facebook and google. Stocks are poised for a strong open to begin the trading week. You saw future theres helped by that
Housing market, Interest Rate rises are ultimately inevitable. As long as mark carney pulls a shoe with his commentary in a gradual, limited process, we feel the market can deal with that. And missouris governor calls in the National Guard after tear gas is used in ferguson to calm protests sparked by the shooting of a black teenager by police last week. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Very nice to see you this morning. Plenty going on on the geopolitical front, no much on the market front, but lets look at europe. Every one of those rose represents a tenth of the market. 95 of stocks are in the green with only a small smattering to the down side. The netnet is that the european euro stoxx 600 is 1. 1 to the up side. Is that to the detriment of the individual bond markets . Well look in a moment, but the xetra dax, which has been so hard hit on concerns about exposure to russia is the best performing of those major intercre
Fast food workers striking, demanding better wages. But first, the United States says its still considering taking military action against syria for its use of chemical weapons. Search for backing follows vote in British Parliament against enter glen the ayes to the right, 272. The nos to the left, 285. Prime minister David Cameron wanted support, but despite the British Parliament reaction, the u. S. Is not deterred. The u. S. Is very strong in condemning the syrian regimes use of chemical weapons, and that vote in the parliament does not change that. Thats a very significant position for any nation to take publicly. Well continue to work with britain and consult with britain as we are with all of our allies. Our approach is to continue to find an International Coalition that will act together, and i think youre seeing a number of countries say publicly state their position on the use of chemical weapons. Well continue to consult with our allies and our partners and friends on this. R
The rise of populism across europe is being tested this weekend. Two crucial votes in italy and austria may have major implications for the continent. Austria could elect someone who could be the first far right head of state. The future Prime Minister mateo recommends i depends on a constitutional referendum. Focusing on italy first. Ben wedeman has the story from rome. Sunday morning italians will be going to the foals cast their vote in a constitutional referendum where they will be given the is choice to either reject or accept modifications to 47 of the 139 articles of italys 1948 constitution. Basically its all about cutting down the powers and the size of the italian senate. Basically, making it a much smaller body instead of 315 members, it will go down to 100 and they will be a pointed and theyll have very little way in the way of decisionmaking power. Ma day a reigns i says this is a good way to streamline a cumbersome political process. But his critics say this poses the dan