People in the west of mahi were forced to evacuate their homes, out of about 15,000 houses. It is also interrupted and the strong winds caused by the storm in the low humidity it has caused forest fires to intensify. Unprecedented flooding has engulfed different parts of norway. According to reuters, this is the worst flood recorded in norway in the past 50 years. Thousands of people have been forced to leave their homes. Flooding houses and businesses flooding and landslides have destroyed some programs. In addition, major roads and train travel have been suspended in large parts of the south of nowruz. With the rivers overflowing, the authorities have warned of more floods in the downstream areas. And the spokesman of the countrys election headquarters said until the end of the third on the 20th day of registration for the Islamic Council elections, 19,117 applicants for the parliamentary elections uploaded their identity documents in the system , which exceeded the quorum of 16,003
So once the parliament have decided the e. S. P. Program should then be further developments. In greater detail and the finance minister will certainly look on that situation. On the 20th of july there will be a repayment of to the ecb of 3 billion yes and of course once again the euro group will have to look at this. The advantages out weigh the disadvantages the basic principles have been adhered to. There is a broad away of reforms that if which if we were implemented will in pie opinion, help greece come back to the path of growth. But it will be a long path and i think it might also be a difficult path, of course. Nevertheless, it is certainly worth all of the efforts if all 19 can reach an agreement such as we have today. So the first question coming now now. Reporter chancellor, does planb continue to exist where greece night have a timeout from the euro if this program does not work . And looking at the dissatisfaction in your own party, do you think about asking the a confiden
An accidental toxic spill is a gold mine in the u. S. Turns the Colorado River yellow. First, saudi backed forces loyal to yemens exiled government has retaken a key Southern Province from Houthi Rebels and say they pushed the rebels from the lost town in the province still under houthi control and the offensive is seen as important because it is where exiled president hadi is from and also believed the Deputy Speaker of parliament and former interior minister were wounded in this last round of fighting and our correspondent has reported extensively from the country and joins me live now at the news desk, what is the significance of the latest gain . This is quite important because forces loyal to the exile president hadi are in control of aiden and still need to control shewa and then if they do it will be a base where they can start a push to the capitol sanaa. Okay, that is what is happening on the ground. What about a solution to this conflict . There are efforts to find a settleme
Londonancine lacqua in with tom keene in new york. One thing that surprised me this so ifo the east report out of germany and there is a huge brexit angle as it seems to have doubled affected german confidence. Tom the nuances of the market are very subtle. Since you have been gone the one idea is euro rolling over to parity, one of our themes today. It is an odd monday. Francine it is going to be a very big week. Lets get to the bloomberg first word news. Authorities and germany are trying to figure out if a bomb explosion is linked to terrorism. A refugee blew himself up near a Music Festival and 12 people were wounded. He had been denied asylum last year but was allowed to stay in refugee housing. Meanwhile, police in munich are questioning a friend of a teenager who went on a shooting rampage. There is speculation the friend may have known plans of the attack. Loner been described as a obsessed with playing video games. Controversy overshadows the start of the dnc today. Debbie Was
Using a stock tool that says, yes. Me list yashgs after sulissa go out on a shopping spree. But if you choose wisely, there could be some money to be made. Now using a quantitative tool looks at market action. We looked at past occurrences when the retail etf has fallen 7 or more within one month as it just has. That has happened 12 times since 2009. Now no clear signal for the xrt itself about half the time it continues to lose ground. But we did find some good individual stocks. Now as for macys, nordstrom and jcpenney, they only post rebound gains of 67 of the time. But when they do rebound, theyre good for 2 and 3 average returns sprerespectivel. There are special i dty and dist names. The names are more reliable bouncing back one week after the xrt loses p 7 or more within one month. So look for names like tjx and ross stores. Head over to cnbc pro for more on other parts of the Consumer Sector that tend to bounce back. All right. Thank you for the data dive. Lets get to bob pisan