Illegally in the Eastern Mediterranean undermining stability in the region and affecting to Member States of the European Union greece and of course the other one is cyprus in whose exclusive Economic Zone turkey has been conducting drilling in seismic tests as well the question for the greeks now is whether turkey will agree to stop these activities in both greek and cypriots exclusive Economic Zones and agree without further action on the exploration front to sit downs talks which would take place on the basis of un maritime law and would disagree with its sign a statement to the effect that should those talks fail to achieve a file last real compromise between greece and turkey on maritime jurisdictions would turkey agree to settle this through our patrician at the International Coal at the hague the those are broadly speaking the things that greece is looking for in this initial round. Of contacts between the greek and turkish sides through the German Foreign minister the effort th
It is the end of an era, possibly. Prime minister shinzo abe plans to resign for Health Reasons. He is expected to make an announcement imminently. Jerome powell plans to let inflation and unemployment run there if he can get them in a ship that will likely keep Interest Rates low for years. Tiktok. Battle for walmart joins microsoft making a joint bid for the apps u. S. Asset. Can they fend off oracle . Just under an hour from the start of cash trading in europe. Lets look at futures this morning, even as the nikkei 1. 4 , you know, it had been gaining, the topics and the nikkei had been in the green and both fell. European futures are holding up. We still see green arrows on ftse and dax futures. Take a look at u. S. Futures. Green arrows there as well. Even after alltime highs once again hit yesterday on the s p and the nasdaq and the shinzo abe resignation report pulls down japanese stocks, u. S. Futures holding strong. Atside of japan it remains risk on and to the week. Anna a lot
These that will keep us busy here us over the top its on todays show. A farmer in ivory coast who is weve still got even under sustainable methods 2 young environmental activists in south africa who have set up on the Cycling Operation under bush makes big numbers to sit on today ease in the geria well we visit a market for wild and a rare on the most despite a ban on the trade. But passed away head to ivory coast monocultures are bad for biodiversity and over many it is a logical call plantations they have a rather aged local ecosystems that coupled with deforestation so the gradation med was by Climate Change and population growth means things have to change. Or life is a farmer who has switched it to a bunny sustainable methods he has a. The prince went on how much culture and he has also had hundreds of others to follow let us go and. The city of man in the mountains of western ivory coast its a largely a cultural region and from a done it all i also worked as a trainer for young c
For shinzo abe. The pound is big today. We are up by 1 . Governor of the bank of england indicating we are going to see the possibility of negative rates. We are, as you can see, seeing a big bid for the yen as well. Dollar is down. Stoxx 600 is low. S p absolutely flat. Kailey i want to bring you news. Mgm resorts, the casino operator, is cutting 18,000 jobs. That cut impacts over one quarter of its u. S. Workforce. It has been a hard time for casinos during this pandemic. Mgm operates not just in the u. S. , the las vegas strip, but also in macau. All macau travel was shut down, they have yet to catch up. Las vegas market makes up half its revenue. Mgm cutting 18,000 jobs. At the moment, the stock is higher by about 4 . Guy back to that story relating to the bank of england. Governor Andy Beshear Lee says there is plenty of room for more monetary stimulus. He spoke at the feds virtual jackson hole event earlier. He talked about what is in the box. We are not out of firepower by any m
There. Big stocks in apple and tesla giving back gains. Ibm gained more than 3 yesterday. Also cocacola up more than 4 being looing at u. S. Equity few you are its. Something to Pay Attention to. Dow futures down around 40 points looking at first of september, and all of july and august with spectacular gains. Looking at the treasury yields looks like right now 0. 654 . Those movements with he saw yesterday were interesting in terms of the rotation. As a general matter, those had to pull back they will have to have these pull backs the fact that the market can do okay on a given day is a positive doesnt change the fact that weve traveled at a steep angel here there is a jumpiness a late summer week heavy volumes. You are seeing all sorts crop up there is a Different Energy to the market 20 what has passed in 2017, 2013 not sure the implications but there is Something Different it is 6 01 in the morning here yesterday was called a gama squeeze. We dont want to get too mechanical in the