Way bigger than any of us this is europes moment. The European Union proposes an unprecedented 800000000000. 00 stimulus package to deal with the coronavirus pandemic 4. And he was one of the worlds most wanted man a Court Decides where a top suspect the rwandan genocide should be trying. So the new u. S. Actually state my pump says hong kong no longer maintains a high degree of autonomy from china he says that china is attempting to model hong kong after its own system the territory no longer want special treatment that could impact hong kongs position as a Financial Hub china has proposed a new security law for the churchy which many fear will reduce freedoms lets speak to our White House Correspondent kimberly how could he joins us now from washington kimberly the extra states away again on these ongoing troubles between hong kong john. Yeah reporting to congress as required under the u. S. Hong kong policy act issuing a statement a report to congress and also this tweet where he sa
Than any of us this is europes moment the European Union proposes an unprecedented 800000000000. 00 stimulus package to deal with the coronavirus pandemic fallout. And private final preparations before the launch of the 1st manned mission to take off from the United States in nearly a decade. So the u. S. Secure state my pump says hong kong no longer maintains a high degree of autonomy from china he says that china is attempting to model hong kong offer its own system and that the territory no longer warrants special treatment that could impact hong kongs position as a Financial Hub china has proposed a new security law for the territory which many fear will reduce freedoms while its been told white house cross when it can be how could he joins us live now as the sector a state wearing in on this these troubles between hong kong and china. Yeah weighing in is part of a requirement under the u. S. Hong kong policy act making a report to congress issuing a statement and also this tweet w
To us a little bit about the open. We expect the shares to be treated any minute now . Yousef absolutely. We are waiting for the numbers, scenariowas the base and exactly whats coming through third theyre climbing to the daily limits of 10 as expected. The ipo was at 32 realities. Implied valuation was 1. 7 trillion. We are already up to 1. 8 8 trillion. The biggest conversation has been around the 2 trillion mark for the government has done is offer a smaller percentage of the company to investors. Of the market cap is a tiny fraction of what is loaded from Companies Like facebook and microsoft word we know there are support mechanisms for the stock , including goldman sachs. Retail investors have been given a hand as well with some incentives. The fast track to index inclusion is important as well. Where the story goes from here is what happens with foreign investors. This is mostly a domestic or regional play. His saudi aramco going to consider a secondary listing . Anna an importan
In washington dc, Thejudiciary Committee of the us house of representatives has been debating for around two hours now the articles of impeachment against President Trump. After a spirited discussion theyll most likely vote later on thursday, ahead of a vote in the full house next week. The house is dominated by the democrats. If the president is impeached, there will be a trial in the senate controlled by the republicans in the new year. I spoke to our north america correspondent, peter bowes, about what is a constitutional but very political process, an extremely political process. What is happening right now is that the Judiciary Committee are considering in detail those two articles of impeachment, essentially the charge sheet against donald trump. But it is political because at this stage it is the democrats who have the majority of the Judiciary Committee and indeed in the house of representatives so the end of the day it seems that when they get the vote from this Committee Late
Driven by a weaker dollar. Whereturn to istanbul, bloombergs Turkey Bureau chief is standing by, and chris reiter is in berlin. President erdogan has sounded out again, ahead of the central bank decision. What can we expect today . There is a universal expectation that there will be a cut in Interest Rates later Turkish Central Bank Monetary Policy convene committee convenes. What we dont know is how much. If the decision is in line with estimates, which predict around thet of 150 basis points, rate of return on the turkish lira adjusted for inflation goes down to 1. 9 . Thats a crucial number, still above the average of real return e. M. s, which turkey is considered part of, but below countries that turkey is usually judged against like russia and south africa. We have seen anxiety in turkish markets over the last week. The lira has been weakening to levels not seen in about two months, and the decision at 2 00 p. M. Will determine the Market Reaction later today. Matt more Central B