Unit in a sweeping overhaul. Its a big day for Bank Earnings. We speak to talk executives. Welcome to daybreak europe. Lets get to Bank Earnings. Deutsche banks red headline. Saying they are on track to meet all targets. Lets get to the numbers coming through. The Second Quarter fic trading revenue comes in at 2. 0 5 billion euros. The estimate was 1. 81 billion euros. Upbeat on the Second Quarter f site a beat on the Second Quarter fic. In terms of pretax profit for the Second Quarter, that comes in at 158 Million Euros. Thats a surprise pretax profit for the Second Quarter. The estimate was for a loss of 133 Million Euros. Thats what we are looking at in terms of secondquarter net revenue. That comes in better than expected. The estimate was 5. 94 billion euros. A lot of lines coming through here. 2020 revenue essentially flat. Cet1 reaffirming its 2022 leverage ratio and return on tangible targets. In terms of Second Quarter Net Interest Income, that comes at 3. 0 9 billion euros. E
Im christine want to welcome to the program the Irish Government and apple have won their appeal against its 116 e. U. Decision thats it apple had to pay the Irish Government 13000000000 euros in back taxes money that ireland didnt even want so ireland took the case to 2nd highest court devon has a long denied that its tax arrangements with apple amounts to illegal states the European Commission is expected to appeal the ruling to the European Court of justice. The ruling has a big legal victory to apple the e. U. General court said the e. U. Commission did not succeed in showing that the tech giant had received an illegal economic advantage in ireland over its low taxes. The decision is a major blow to competition commissioner margaret or vested his efforts to crack down on low tax regimes in the block the commission hooley behind the objective that all companies should pay their fair share of tax if Member States gives certain Multinational Companies Tax Advantages not available to t
And sometimes you had to go through nine, 10, 12, different agencies. So even if you did absolute rapid it was many, many years before you could even think about starting it. We have up here, by the way, thats a chart of the old system and the new system. I think the new system is better. [applause] i think it is better not only in time, i think it is better in terms of the process. I think it is better in terms of the importance from an environmental and safety standpoint. But take a look at that. This is what you had to go through, in fact it was much more dramatic when i first came up with this, about a year ago. We took that and we rolled it out, it was so dramatic t kept going and going. The difference is that, so many of those steps you had to wake before you could even think about going to the next one. You had to gut full approvals. Any one of those colors where there was a problem or a rejection meant it was dead. And now you go through this very simple but very comprehensive
Yes its their job to lie to the American People as the wise might pompei o one said i was the cia director we lied we cheated and. We had were entire entire training courses so we know for certain that u. S. Intelligence agencies lied to you and me we saw with russia gate we saw it with russians hacking divert power grid back in 27 do you remember that a Utility Company called russian hacking mill where one of its computers the officials confirm that a code used with the russian hacking operation was detected my dad dad dad dad dad horrifyingly have true. If true 2 little words but alas 3 days later the Washington Post and miss russian government hackers do not appear to have targeted the Vermont Utility but bob dont worry if you still want to push that fake news story you can still find the original Washington Post article online saying russian operation hacked Vermont Utility how how nice of the watch city of powers to keep their garbage propaganda up there for us to use whenever we
A thing they were paid by america thats right the us has been funding the taliban for years here from the nation in 2009 halvor us funds the taliban in fact there was even a lawsuit when 400 americans sued the us military contractors for funding taliban attacks against american troops we fund them were we sometimes are now i know we fight them its a its a beautiful symbiotic the circle of war is barely even a secret where you are now on rachel how dare russia do to us what weve been doing to our us thats our thing. But it gets even better is there any proof russia paid the taliban fighters well Anonymous Sources in the Intelligence Community said their wives all did the Intelligence Community well theyre trustworthy were they have any reason to lie to you and maybe American People ah yes its their job to lie to the American People as the wise might pompei o one said i was the cia director we lied we cheated and. We had entire entire training courses so we know for certain that u. S. In