Theresa may and eu insists that brexit ball is in each of his court. Yousef it is 8 00 a. M. Across the emirates. I am yousef gamal eldin in dubai. Angie i am angie lau in hong kong. Ink politics means punk politics means pingpong politics. We take a look across the asiapacific region because it is admirable sparring in washington that is putting in doubt that u. S. Tax reform proposed by trump. Japan, south korea coming back online. The kospi climbing the most after attending holiday and one of the big movers on the kospi is samsung. Take a look. It is my the biggest movers on the kospi index. Yousef, what is moving in your market . Yousef look, quite a few things to look out for. Brent crude, little bit of gain but the opec nonopec talks not really impressing this market. Really up. 1 . We are looking ahead to u. S. Crude inventories, those are forecast to decline way third week. Gold futures ahead front of the fed oh head of the fed minutes. U. S. Treasuries the comeback on. Ine, ju
Conversation with the chairman of estee lauder about sustainability. This is the picture for your markets. Bonds, edging low. The dollar is dipping. Treasury ahead of the federal reserves last meeting. When you look at the euro, its mainly drifting on the back of what investors proceed as a possible risk of catalonia. You can see the common currency in europe gaining for the Third Straight day. Lets get the first word news. The u. S. Has blamed turkey for the instigation of the crisis between the two countries and a resolution will be needed on why americans were detained in this year. The u. S. Ambassador to turkey issued a video statement on youtube. The embassies stop issuing nonimmigrant visas which prompted a metallic terry retaliatory response by turkey. Theresa may has one support. Gois johnson and michael praised her strategy after outlining contingency plans to leave the eu without a deal, asking businesses to prepare for the worst. May said it was in the eus court, although t
Zaghari ratcliffe fear her sentence could be extended following recent comments by borisjohnson that gave the impression shed been teaching journalism in iran. Her family insist she was there on holiday. Heres our Political Correspondent eleanor garnier. Injail in iran. Separated from her daughter and husband. Nazanin Zaghari Ratcliffe is british and iranian and facing a five year sentence for allegedly plotting to topple the government in tehran. Its now understood the foreign secretary borisjohnson has agreed to meet her husband. I think its important now that he tries to meet with us as soon as possible, next week, so that its clear from a political point of view that the uk government is standing alongside nazanin and her family. This week, the foreign secretary had to apologise after he mistakenly told mps he thought mrs Zaghari Ratcliffe had been in iran teaching journalists. Mrjohnson later said his comments could have been clearer and the uk government has no doubt she was on h
Christian frasers in london. It was 9. 20pm on sunday when the earth started to shake. A time most people in that northern border region of iran and iraq would have been at home, perhaps already in bed. The tremor was huge killing more than 400 people, a toll thats expected to rise. Now theyre trying to pull people from under the rubble but the rescue operation is being hampered by landslides and power cuts. The epicentre of the quake which measured 7. 3 was about 30 kilometres south of hala bja. One of the worst hit areas was Sarpol E Zahab, as James Robbins reports. The moment the earth starts shaking violently. A man runs for his life from the control room of this dam, as massive boulders are hurled around outside. The dam wall was not breached but elsewhere devastation. In iran, the border town of Sarpol E Zahab was hit hardest. As entire walls collapsed, many families did manage to flee their homes, but others were crushed or buried. At a local hospital, there were many stories of
Im mike santoli. Good to take over the show for you. This is a first for us. Absolutely. Weve never been on anchor desk together. Im enjoying it already. A lot going on over the weekend. We have a lot to talk about. We sure do. Lets get a quick check on the future the u. S. Markets you see not a lot of movement in the s p 500 indicated to open down just slightly, less than 2 points the u. S. Markets did have the first down week out of nine last week though not by much. Weve recouped most of it. You see the nasdaq slightly in the green. We will have more on these markets in just a moment. First, some big breaking news overnight. Theyre set to announce a major restructuring today. Ge will focus on three core units, aviation, power and health care while looking to exit the rest of its operations. One source tells the journal ge also plans to shed its majority stake in oil and gas operator baker hughes ge Ceo John Flannery is going to announce plans with investors. Hell sit down with cnbc