Focus on their businesses, when i do round tables with our customers, those who have exported said they never had it so good. Just itching myself a bit there during the headlines. Oh. It happens. It does happen. Oil prices rallying as the opec secretarygeneral says a deal will happen today. Other opec members voices similar sentiment. Iraqs opec delicate said the cartel will be reaching a deal at the meeting in vienna as well today. Is it positioning . Do they think a deal will get done . Spencer is here with us. Do you think a deal will happen today . I think some form of deal will occur. They put themselves under pressure two months ago. They publicly announced they will do a deal today, now they have to deliver. Some people are saying this is the most important opec meeting for a long time, and then i remember going back to algeria, dohdoha, people saying is the most important meeting. How important is this meeting compared to past meetings . It is a significant meeting. In terms of
Meeting. We speak exclusively with the Energy Minister from abu dhabi, just days ahead of another pivotal opec summit. A very warm welcome to bloomberg daybreak europe, right here in london. Manus. We are back together again. Im back from the desert. Lets talk about the aussie dollar. You mentioned it in the headlines, this is the second worst since 1991. The question for the markets is this, is this a flip or a trend . We had the election, brexit, a number of different factors going on. And down the aussie dollar went. Question for the markets is this, will the rva look through its week data and hold back, or will they cut rates . Theres a 75 probability they will look to the data and weight. Anna interesting how the conversation in data is turning should bel asset fiscal. That the conversation weve had in europe a lot. This is one of only four contractions the australians have witnessed in 25 years, just show how rare it is. Variousen overnight on asset classes, the msci asiapacific,
Most influential summit taking place right here in our european headquarters. We are about to hear from the Deputy Government at the bank of england. But first, here is the bloomberg first word news. Ted losses on signs saudi arabia may compromise with iran. The Countries Oil minister gave the strongest indication the kingdom could reach a deal in november. U. S. Government data is forecast to show inventories increased by 3 million barrels. Deutsche bank shares are trading high after it agreed to sell its u. K. Insurance unit to phoenix group. The ceo has told the newspaper that capital is currently not an issue. And accepting Government Support is out of the question for us. The government has come under increased pressure. Payl bank of scotland will claims iton to settle sold faulty Mortgage Backed securities to u. S. Credit unions. The agreement closes lawsuits filed on the half of two credit unions. Rbs has not admitted fault and says the cost is covered by provisions. Two Senior
Trying to get in zcheznia trying to find the next einstein reporter i will be here with all the days sports. Including the quarter final for the Champion League as chelsea crash out of the tournament. Top stories so far today. The european refugee crisis has claimed more lives. Five people including a baby have drowned as their boat capsized whilst they were trying to make the dangerous crossing from turkey to greece. This latest tragedy as with so many others will be on the mind of European Union interior ministers who are meeting in brussels. Topping the agenda the proposal to return refugees en masse to turkey. Also to close borders to refugees which has created the situation here right now today. Thousands of people stuck on the greek Macedonian Border where conditions have been described as deplorable. Take you live to our correspondent who is on that border crossing. Reporter yes. Conditions are absolutely squalid and deplorable here. Behind me there are empty spots that you say
In nigeria, the cancer of corruption has been spreading for years. Ifill and, we explain why two degrees is so important to those in paris looking to combat Climate Change. All that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. Supported by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information at macfound. Org and with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Ifill 14 people are dead and another 17 wounded including ten critically after the nations latest mass shooting. It happened today in San Bernardino, california, a city of more than 200,000 people about 60 miles east of los angeles. Gunmen attacked a banquet facility at a social services complex