Would have called them in the 70s, we would, one, the first thing we would do is simply let things go without addressing them, but we have also plenty of instruments to do that, to drain this liquidity. Mario, first of all, thank you for a terrific speech which really does clarify to an american audience some of the thoughts that went into your decisions of yesterday. Id like to ask you to elaborate on a theme you touched on and youve discussed in many speeches previously, and that is the structural reforms. It seems to me one of the difficulties that markets tend to have these days is an over reliance on what Central Banks do or what they expect them to do. With very little emphasis on what governments are not doing that they should be doing in order to deal with these structural problems, the unemployment problem obviously is one. Improving the competitive environment which is, of course, a big eu issue. I wonder if you could take a few moments and comment to a greater extent on some
Defects. Sarah welcome to the program. Rouhani has hailed a new relationship with france. Rouhani was speaking at a palace in paris where he met with french president holland. The two oversaw the signing of around 20 trade deals that are said to be worth around 30 billion euros. This is a historic visit for rouhani who is on the second leg of a fourday european trip, meeting leaders of government and business for the First Time Since sanctions against his country were lifted. Lets bring in our correspondent who is standing by for us in paris. Break down these deals for us. What exactly was agreed to today . Reporter there were a lot of different deals really. In different areas, in agriculture, in telecommunications, in transport and the overall volume of them was tens of billions of euros. One of them, for example, iran is going to buy more than 100 air bust planes worth more than airbus planes worth more than 20 billion euros. These are very important for france. The French Economy i
Thousands continue to flee their homes for a better life. Matt these measures will focus on saving lives at sea and on dismantling the networks of traffickers. Critics are calling it too little too late. Briam we are going to brussels where an emergency summit has been underway. First we have this report. Reporter protesters in brussels pushing eu leaders to get serious about Immigration Reform and to help the thousands of refugees who risk their lives or die trying to get to europe every year. They need to step up in their human rights obligations. Nothing other than a fully fledged humanitarian operation will be acceptable today. Reporter italys 9 million euro per month rescue mission was replaced by a much smaller eu mission area critics blamed the lack of commitment in the mediterranean for thousands of migrant deaths. The meeting in brussels was called, saying all of mediand the members should share the burden. All our median members should share the burden. We have a responsibili
Watch. Jpmorgan today says buy the bounce. Well talk a lot more about that later this morning. Our rolled map begins with the markets trying to hold their ground after one of the worst days for equities. Like we said, in eight weeks. Dells profit falls 72 as the Company Looks further out to that potential future under private ownership. And described as an unusually stylish geek. Yahoo s ceo Marissa Meyer is in vogue, literally. First up, more signs of wait for prompter here. Seemingly weak economy, Housing Starts up at zoom but below consensus. Mike, how much damage was done yesterday with dow below 50day moving average, the stocks, financials, the transports, all the same . The market ak acted ragged but yesterday it hit it. To me its not just the fear of the fed taper. Its a fear of the fed taper at the same time that Everything Else doesnt look unequivocally great. I also find its interesting how the market doesnt like when labor market data is better than other Economic Data becau
Midland Wealth Advisors LLC purchased a new position in shares of The Walt Disney Company (NYSE:DIS – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 11,924 shares of the entertainment giant’s stock, valued at approximately $1,077,000. A number of other institutional investors and […]