Concerned about the move. Airbus against the biggest restructuring in its history. It will cut 15,000 jobs with the majority impacting the main bases of germany and france. 6 00 a. M. A manus in london, 7 00 a. M. In paris, and 9 00 a. M. In dubai. It is the three fs for friday, the fed, the fact she warning, and i thought i would throw in fedex because it is a nice triptych. I want to focus on the fed. Spirit toimbue a new the yield curve control narrative . Open interest in the bond market is the equivalent of 36 billion. The bond boys and girls are locked and loaded for yield curve control conundrum. Good morning. Nejra good morning. We are certainly seeing signs as you point to have that yield curve control trade alive and well in the bond markets. If we look at equities, i mean, best quarter for u. S. Equities since 1998, manus, and it is interesting because if we look ahead and think about where we go next, you can see the profit forecasts taking higher and some saying that will
Lossing economic fallout is increasing to. Look at one German Company taking measures to shore up business as china heavy supply chain remains affected by the growing of all. This is d. W. Business as in berlin Global Stock Markets are starting the week with phenomenal losses theyre reacting to a 30 percent drop in the value of crude all since friday driven by saudi arabias decision to slash its prices in japan the nikkei lost more than 5 percent during monday trading and stocks in south korea shanghai and hong kong all slid by more than 3 percent australia saw even bigger losses with more than 7 percent wiped off stocks but saudi arabia itself. Seen the biggest impact on its equity market shares in all utility aramco were down 10 percent at the start of trading. Well look at european markets a bit later in the show and its already being described as an Oil Price War that slide an oil prices we mentioned came after opec countries meeting with russia failed to agree a Production Cut aim
Economically is increasing to. A German Company taking measures to shore up business as its china heavy supply chain remains affected by the us. This is the business as in berlin Welcome Global stock markets are starting the week with phenomenal losses they are reacting to a 30 percent drop in the value of crude oil since friday driven by saudi arabias decision to slash its prices germanys leading stock index the dax tumbled more than 7 percent of its open in japan the nikkei lost more than 5 percent during monday trading stocks in south korea shanghai and hong kong all slid by more than 3 percent australia even bigger losses with more than 7 percent wiped off stocks a saudi arabia perhaps in the biggest impact on its equity market shares in. Down 10 percent at the start of trading. Now for a quick look at european markets lets go to. France with. Europe taking the whole thing. European markets are taking this very hard the dax is down almost 9 percent and earlier its parent losses a l
Balance sheet Balance Sheets is what they should talk about and thats where we can be clear because taxation is the dumb one of trying to get the will back from the from the wealthy. I guess its become a great tradition just before new years eve to talk to someone who is in charge of where the russian economy is go and were here in the Russian Ministry of Economic Development once again the Christmas Trees right here to talk with minister but he might have been good morning at any rate to do that one more time lets begin with the news from the last few days and focus on the nord stream 2 pipeline project in the baltic sea for muds the message from russian officials has been that pretty much nothing can stop a project that is almost all but complete many experts were saying that these sanctions are only aimed at the domestic audience its just a trick before the elections to show that pressure is being put on russia but now the measures are in place and russia finds itself in a position
Tony the situation around. Is just gone midnight here in the Washington Capitals watching international with me saskatoon welcome to the program lots of stories for the south starting with this one the u. S. Democratic president ial candidate Michael Bloomberg has admitted his campaign made use of prison labor where the billionaire claims he was unaware it was happening his team hired to help with his 2020 election wrong which in turn employed female inmates to make campaign calls. We learned about this when the reporter called us but as soon as we discovered which friend a subcontractor had done this we immediately ended our relationship with the company and the people who hire them imagine being so rich you have people who have people who have prisoners to do stuff for you agence being so rich you dont even bother to check what you are spending millions of dollars on. Rita rating we sad indeed when we learn a vendor of a vendor of a vendor use prison labor we did know about it and we