Three years into the trump administration. Mina, why dont you started off with my successes, triumphs, victories, defeats. Well, trumps Foreign Policy is yet to be determined because as you said, bolton is out as National Security advisor t is not the first. We have been through a succession of officials. It is clear that donald trump once to run his own Foreign Policy. But we are still not clear what that policy is beyond his belief in maximum pressure. Whether it is on iran or north korea, threatening them with war. 0r then offering the carriage, then the stick, and the carrot of the meeting. Beyond the meeting, it is not really clear what can happen. For the time being it is clear there is possibility of it opening up and talking to around. But about what . Iran props problems. Their actions in the region, continue as they are, whetherjohn bolton is National Security adviser or not. So while in the region we look with interest about who are the main players who are influencing the p
The governments decision. What he is doing is he is suspending parliament when it should be sitting because he is determined to do something for which he has no mandate at all. Sterling has fallen in response to the announcement. It lost around a cent against both the us dollar and the euro, due to increased fears of a no deal brexit. Good morning. Welcome to bbc newsroom live. The queen is to be asked by the government to suspend Parliament Days after mps return to work, and a matter of weeks before the brexit deadline. Parliament will return from recess on the 3rd of september, and could be prorogued or suspended only a week later, on the 10th. Thats expected to make way for Boris Johnsons new administration to hold a queens speech laying out the governments future plans on m october. But it means mps are unlikely to have time to pass any laws that could stop the Prime Minister taking the uk out of the eu without a deal on 31 october. John bercow give his reaction in the last few min
Between the eu and u. K. To avoid some really catastrophic stuff in financial markets, but that is pretty that is pretty limited. The government has certainly stepped up its efforts. That is true on the eu side as well. One of the things thats going to be interesting is if there were an election, there would be some control over how much the government would continue to do no deal planning during the Election Campaign. It is also true that some things could be prepared for and some things you simply cannot prepare for. One of the things people are most worried about is food. You have ministers saying there will be adequate food and enough food, but you also have the supermarkets saying that christmas is going to be a real problem. Joe obviously Boris Johnson in theory wants to call an election for a few weeks from now, but theresa may also called a snap election, thinking that she would dominate, then was done by the for showing of the conservative party. Labour nearly took over. I kno
Todayreasuries are posted closed today because of labor day. If you are americans watching us, happy labor day. This is the picture for eurodollar. 1. 09. Have the german figure a short while ago that was worse than expected. The european stoxx 600 gaining but it is all about the trade war. Up, we speak to the chief economist at 10 00 a. M. London time. Lets get to first word news. It is Sebastian Salek. It forced 185 mileperhour winds and could top 23 feet. It may leave the islands devastated. Uncertain if dorian could hit makeda on my or not landfall at all. Argentina has imposed capital control. Corporations will require centralbank authorization to buy dollars in the fx market fx market. The president is trying to stem the growing economic crisis eight weeks ahead of president ial elections. Thelor Angela Merkel euro skeptic alternative to germany did not make a breakthrough in local elections. The result may save prices in berlin. Saudi arabia is putting its portfolio into two min
We are seeing a little bit of a lift. 0. 8 . G some a lot of that has to do with a little bit of optimism when it comes to trade news. We know the conversations are ongoing. I am looking at the u. S. 10year yield. 1. 6 after a big week. Lower negative rates in europe. We will have a look at 10year yields. We will ask ourselves what the inversion meant. Oil, 55. 52. Oil rising after we had this drone attack at Oil Gas Facilities once again underscoring some of the fragility of that region. Coming up, we have an interview with the boston fed president. Dont miss that chat after 6 30 p. M. London time today. This goes back to the conversation as jackson hole starts on thursday. Lets get to the first word news with viviana hurtado. Viviana the iranian tanker looks to be heading for greece. That is according to a vessel tracking data compiled by bloomberg. It was released by the british territory after being detained on suspicion on sending oil to syria. Rain for an 11th straight weekend. 1