And a new week but old worries over tensions between north korea and the us Keeping Markets on edge. And with Holiday Season in full swing well speak to the founder of one hotel Online Booking firm whos trying to cut out the middle man. And as Airline Passenger arrests soar by 50 , today we want to know what are your flying bugbears . Let us know. Just use the hashtag bbcbizlive. Hello and welcome to Business Live. Know surprisingly my biggest bugbear when a flying is the lack of legroom no surprise, my biggest bugbear. We start with japan, which has just released its latest set of growth figures, and theres good news for the worlds Third Largest economy. It recorded its longest economic expansion in a decade. Japan Beat Expectations with growth of 1 between april and june thats the sixth straight quarter of growth. The numbers are an encouraging sign for the government but dont solve the countrys ongoing financial headaches. Japans productivity per person per hour stands at 23. 45. Th
cold, but this is different. he seemed erratic. todd: the united nations security council to host a special session of the u.n. general assembly. it is scheduled for later today. this is the only 11th special session on the u.n. has held since 1950. the u.n. is expected to consider a resolution calling on russia to stop its invasion and leave ukraine. russian central bank nearly doubled its target interest rate to 20%. that is moved to design holton inflation and the ruble has dropped 30% to the u.s. dollar this morning. on top of that, you are seeing report russia central bank is keeping markets in russia closed today. this is all of a result of substantial coordinated sentience between the u.s. and european union targeting the russian central bank and toppings. the u.s. announced $350 million in additional military aid to ukraine, including antitank and
interest rates, and that is keeping markets on edge this morning. the dow down 100 points. and bill, we are watching those markets as the president is tweeting away as well. i m sorry, that president tweeting this morning that he is very confident about the economy. he noted the very strong numbers on the economy few and much potential for growth, setting a very positive tone. we will see how markets respond. bill: s keep it rolling, right? 33 past the hour. i would not object to bob going up to testify, but after i saw that, he indicated he was not arrested in testifying. i m disappointed to see him subpoenaed because i don t think that serves unimportance purpose, dragging bob mueller up if he is going to in fact stick to the report. it seems the only reason for doing that is to create some kind of public spectacle. bill: there is the ag bill barr, speaking ahead of the
a no do break that and those preparations have got a bit of a boost because of the events of today and the last few days today the german government for example announced that it has introduced legislation which will allow british banks to continue to do business here in germany even after march twenty ninth those are the so-called passport rights which are to be extended until the end of twenty twenty rolls royce the large engine maker and now is that it is talking to the european safety aviation agency over shifting design approval here to germany not something was freud s really wants to do but something it has to do if it wants to stay in business here in europe. that was caught in frankfurt on to another topic that is keeping markets on education indian court has granted bail to the chief financial officer of chinese telecom giant weiwei main one chole the
all those flights already canceled. lots of stokes stranded. bill, thanks. sandy is a big enough storm to make wall street shutter. the nasdaq has been stopped all trading today. it s the first day they have been stopped in all stocks since the day following the september 11 attacks. depending how much damage sandy inflicts markets could be closed again tomorrow. late last night, exchange operators made the call to suspend all u.s. stock trading after complaints were made about keeping markets open, even for electronic trading. banks in evacuation zones have closed their offices and advised employees to work from home. a number of insurers are already scrambling. rapid response teams as estimates swirl around $5 billion. home depot, lowe s and walmart were flooded with customers prepping for the storm. sandy has also caused stocks to