Global economy. Jamie dimon speaking space of do bloomberg. Like 15 years. Ng europe is doing actually rather well all things considered. America is still chugging along. Good a pretty welcome to bloomberg daybreak. I am anna edwards. Europe. Manus looks like they are making it official. Anna details coming through, clarion and huntsman set to close by the end of the year. They will combine in a merger of althoughhey say, clarion holders will take on 52 of the business, huntsman 48 . A dual listing in switzerland and in new york. You can find the details about the savings they can get, and this has already been an historic year in terms of m a in terms of chemicals. 300 billion in m a planned, better than the previous record. Manus and more news coming through, looks like lafarge has appointed a new ceo. They were close, a lovely line coming from the analysts, saying he needs to recruit a new ceo who will turn the page and get on with it, and that seems to be the key. Hes german. He wa
That is all pretty good. And ready to walk away. Talks, and the demand for a massive divorce payment. Eu leaders meet in brussels to define their negotiating position. This is bloomberg surveillance. Im Francine Lacqua in london. The president travels to israel and then on to the g7. Nato,o has a meeting with but lets check on your markets. We see a little bit of impact, following the bloomberg interview on oil. Equity is trading pretty much unchanged, a little bit calmer. Oil at 54. Lets get straight to the bloomberg first word news. Donald trump has told arab leaders that the war on terrorism is not a fight between different faiths. He also called for middle eastern allies to not wait for americas help to crush terror groups. The speech was emanmeant to declare that this is not a war on islam. When young muslim men and women should have the chance to build a new era of prosperity for themselves, it has to be done and we have to let them do it. Summitds help, this will mark the beginn
Step in removing some policy accommodation. The time of this meeting, the committee was going with a lot of weak data, weak gdp data from quarter one and weak inflation data from march, and they made references to that data being transitory. There was a clear debate around the idea of inflation and where inflation was heading. Some in the committee are more wordy ofried about the prospect overshooting inflation as unemployment continues to fall below the levels they think are the lowest sustainable levels for unemployment, while others on the committee are worried that some of the most recent data on inflation signals that there may be a pause and price rises there, so perhaps the committee should be cautious about raising. One caveat to these minutes, they are a bit dated. The data since then is split. The april payrolls was quite strong, which supports those in the committee that wanted to see a hike in june. But april inflation cpi data was extremely weak, so that will run the other
Step in removing some policy accommodation. The time of this meeting, the committee was going with a lot of weak data, weak gdp data from quarter one and weak inflation data from march, and they made references to that data being transitory. There was a clear debate around the idea of inflation and where inflation was heading. Some in the committee are more wordy ofried about the prospect overshooting inflation as unemployment continues to fall below the levels they think are the lowest sustainable levels for unemployment, while others on the committee are worried that some of the most recent data on inflation signals that there may be a pause and price rises there, so perhaps the committee should be cautious about raising. One caveat to these minutes, they are a bit dated. The data since then is split. The april payrolls was quite strong, which supports those in the committee that wanted to see a hike in june. But april inflation cpi data was extremely weak, so that will run the other
Step in removing some policy accommodation. The time of this meeting, the committee was going with a lot of weak data, weak gdp data from quarter one and weak inflation data from march, and they made references to that data being transitory. There was a clear debate around the idea of inflation and where inflation was heading. Some in the committee are more wordy ofried about the prospect overshooting inflation as unemployment continues to fall below the levels they think are the lowest sustainable levels for unemployment, while others on the committee are worried that some of the most recent data on inflation signals that there may be a pause and price rises there, so perhaps the committee should be cautious about raising. One caveat to these minutes, they are a bit dated. The data since then is split. The april payrolls was quite strong, which supports those in the committee that wanted to see a hike in june. But april inflation cpi data was extremely weak, so that will run the other