Greece is in the forefront of everybodys mind for it it seems it will make the 200 million payment and then what . In terms of the agreement and labor laws and pensions will they actually have to default or exit . We had George Magnus saying this Time Next Year he feels greece will be potentially moving toward the exit of europe. We are going to get a short do over at kicking the can down the road. Italy up by 0. 4 today. We had Market Action over in australia. Targets reaction to the Central Bank Cut once again a record low rate for australia. It seems a slowdown in china continued to hurt in terms of the job. Australian dollar is pushing higher after the rate lower to 2 up by 0. 25 . Most economists we spoke with 25 of 29 without we would get to the second cut this year by australia trying to stimulate its economy. The aussie dollar goes higher. We had papadavid who is confused by some of the currencies earlier. Meanwhile, a Norwegian Bank could indeed move as well. According to what
Nations to say theyll join beijing despite u. S. Warnings. Good morning youre watching Worldwide Exchange. The Business Confident rising to 103. 7 versus consensus 99. 8 and better than expected. This is a rise in all fronts. The march overall Business Confidence index rising to 103. Consumer confidence that index has risen to 110. Back in line with expectations and this is versus february of 107 rises in the month of february. Lets have a look how the euro dollar is trading this morning. A little bit much pressure as a result of the uncertainty around the greek story. Euro dollar changing hands at 108. 30. Were down by a half of 1 . The story has been the strengthening of the euro over the past couple of days. Its come off the highs. It did reach 110 last week it was a twoweek high against the dollar. Take a step back and look at the euro it lost about 20 some analysts say. A big boost for export growth here. Absolutely. A lot of question marks. And our guest later on in the show davi
Its had a number of approaches enter sbred interested in buying the venture. Youre watching Worldwide Exchange. The final serves as pmi better than the familiar number. The 45. 7 was a tickup from october. The final composite pmi is also higher. 46. 5 to 45. 8 flash as well, the highest since july. So the economic slump a little less pronounced in november than previously thought, although the session still looks very much on course for another quarter here for europe. The pmi will rise above 50 that divides growth between contraction. Hasnt stopped the euro dollar from hitting a one and a half month high. I suppose we know growth is going to be anemic, but if Spanish Banks are getting some money, are we feeling slightly better . Thats what euro trades on, isnt it . Pmis are all very interesting for the economist. But they want bigger stories. Most of the news flow, its helpful to the euro. People have been trying to affect this rally for a while. We are close to those october highs. T
European headquarters in london. , renzi to the up rescue as italys new Prime Minister tries to form a government. Hospitalityaltitude. We will show you the hotel that is pushing the limits of good service right up there in the swiss else. Alps. You a lets bring bloomberg exclusive. We have been speaking with bank of england policymaker david miles. They should not be tightened because there is so much Spare Capacity in the u. K. Economy. To my mind, there are clear signs that there is slack in the labor market. First, although unemployment has come down fairly sharply, it almost certainly remains above the level consistent with our hedging inflation targets. Flak there. Egree of runemains above the long equilibrium rate. About britains property markets. He says the bank of england is doing enough to stop a housing bubble. The situation we are in at the moment is the Financial Policy Committee, as a firstline line of defense, against the risk as the Housing Market starts to generally o
Welcome to countdown. I am mark barton. To russia positive richest man. He is now in berlin after giving a pardon from president putin. He spent more than 10 years in prison. He was released in a deal with Angela Merkel. Good morning. For khodoweekend rovsky walking into the first first scoffers and more than a decade after leaving his status the most popular print prisoner as becoming the most famous exile. He was received like a rockstar. Breaking between cameraman jockeying for vantage. I have not ever seen pandemonium alike in this. Did he come out fighting said he would take aim at Vladimir Putin . White the opposite. He said he does not get into politics. Quite the opposite. Tohe said he does not want get into politics. He said he will be a voice for Political Prisoners across the world. He said he does not think people should boycott of the winter on memphis. I spoke them a little bit. I asked him what he would advise. In the Winter Olympics. I spoke to him a little bit. He was