Quite a nice return to form. We have had a couple of difficult days, factoring in the chinese story, and the s p has been knocked pretty hard. At 1 10 of 1 i dont feel does justice. Atwere down really sharply one point and then we bounced back quite strongly. You can see it here this is the recovery we saw yesterday on the s p 500. You can see its lower as a result of whats been happening in china. Equities back in form. The chinese devaluation is a storm in a teacup. Veryine Central Banks, rarely do they come out and have a press conference. Or briefing that they were stepping in when the market is distorted, they say. An amazing quote the Deputy Governor. He says, trust the market, respect the market, here the market, and follow the market. How much should the market now be fearing this chinese market, or indeed starting to trust at once again . Guy we are getting a few numbers coming out as we speak. The adjusted that income is 543 million. Thats the german utility below expectation
Well talk about what is happening with the shipping story. Global trade, a little bit later on as well. Looking forward to that conversation. Then we get to Deutsche Bank. A big story. Jonathan in the news once again. The management is the bank is solid. Thewe understand that management is considering a bond buyback. The damage has been done. You wonder whether that can last. Guy i think there is a lot of communication that needs to happen. These guys will be spending amounted over the next couple of weeks. Trying to figure out exactly where they stand and where the future lies. That will be a big feature of the Banking Sector. Versed, lets get to Caroline Hyde. Caroline the antiestablishment candidates have claimed victory in the New Hampshire primary. Easily over Hillary Clinton which means the democrats can be heading for a long nomination fight. A crowded republican field with john kasich in second place. 2016 goldmanto sachs has abandoned five of its six recommended top traits. Th
We will talk to the head of companies that reported earnings. Hello, welcome to countdown. The ecb gets ready to dig over banking remission in europe. Tucker, p with all paul tucker one of the keynote speakers. He warned there is no quick fix to shore up europe lenders. It will take some good framework. Legislation is needed, but the , and theyestructure need to issue bonds. Bondholders need to take losses without depositors taking law is. Losses. Not all banks are structured that way. Fighting continues in Eastern Ukraine. Russia is calling for a sees higher while ukraine continues to accuse russia that ceasefire while ukraine continues to accuse russia of stoking the fire. Where are we, hans . Any progress . It will magically the latest ischancellor Angela Merkel considering a visit to tm. Kiev. Yesterday we had a day of diplomacy. They are accused of attacking a civilian convoy, saying there are dozens of death. Foreigny in early in minister lavrov called for a ceasefire. Foreignhat
In south africa its being used to get hundreds of people on the job. Well tell you why some say its not working. You understand its 2013 and theres dimp opinions about things now. We are willing to talk about it. The team mascot many believe is nothing to cheer about. Good morning, welcome to al jazeera america. Im Morgan Radford live from new york. Its been described as one of the most powerful typhoons ever. Typhoon haiyan has now weakened from a category 5, but in the philippines the damage is done. As many as 10,000 people are feared dead. It is expected to take a few more days to get a scope of the damage. Rescue efforts in flooded areas are hampered by blocked roads, uprooted trees, and houses turned to rubble. Its why the World Food Program is sending enough food to feed 120,000 people. Typhoon haiyan is headed for vietnam and can make landfall by monday. The vietnamese government relocated 800,000 people to safe zones. Lets talk to craig in manila. Is the worst over . Well, the
We begin tonight in the philippines are its been a devastating three days there, and the toll is staggering. Local leaders report 10,000 people may have died. U. S. Secretary of defense has now ordered the Pacific Command to help with relief. Rescuers are still trying to save families trapped in flooded homes. Theres no electricity, and no way of communicating. The winds have been among the strongest on record, measuring up to 190 miles an hour, with gust reaching 235 miles per hour. Lets now go to al jazeera craiglessson, the pictures have been devastating what are you hearing tonight . Well, thats right. As you said, total devastation here, and adjusting the province that copped the worse of this storm first up when it made land fall. Officials there now saying that the test toll is most likely to be about 10,000, and thats only in the areas that have been able to reach the reestablishing contact with villages further appealed. And one day they start report back and it is likely to b