Christine lagarde is certainly used to being labeled as the 1st woman to for example she was the 1st woman to become finance minister in france in the position she burnished shows as an international stateswoman during the financial crisis she played a key role in the Global Response as markets collapsed. Valuable experience that certainly helped her get elected as head of the i. M. F. And 2011 also was the 1st woman ever to biggest challenge in that job handling the greek debt crisis. In 2016 a french court convicted of allowing the misuse of public funds as french finance minister she had approved the payout to a businessman. God didnt have to serve a sentence and the i. M. F. Stood by its director. Now she is stepping down to become president of the European Central bank of course as the 1st woman ever. Of course the European Parliament needs to approve Christine Lagarde in her potential new job for a closer look at her career lets cross over to washington and our correspondent Hele
Week. You saw a lot of the market dip down. Ftse 100 was down. 40 by the close of the trading picture. For the week, the ftse 100 was down. 30 . The week to date, the dax losing around. 25 for the week. It was in record territory the previous week. That was managing to find a fifth positive week in a row. The cac 40 was up more than 1 week to date last week. That was its fourth positive week in five. The ftse mib gained 1. 4 . For the week, you managed to see gains for the stoxx 600 and some of the broader markets as well within the trading picture. As i said, for the ftse mib, it was the seventh week in a row finding positivity. The rest of the data was significant. We are moving into a week with earnings from adidas and vw will be looked at as well. All of that in focus this week and we are going into the uk wage data and gdp number which is interesting to see. The bank of england is looking for a firm er stance when it ca begin to cut rates. Cpi and ppi data is important. 4 down in
Stuart this is my Favorite Song to get the show moving start me up at the great and glorious Rolling Stones there still performing in the 80s but start me up is a good opener, the 10 00 oclock hour, good morning it is 10 00 oclock eastern, straight to the money the dow is now up close to 100 points a very small loss for the nasdaq composite we always like to check nvidia thats the stock of the year so far it is up a little bit more, 789 is up a dollar which is. 14 but it is up after last weeks huge gains, the ten year treasury around four and a quarter above four and a quarter, fourpoint to 6 , bitcoin was 51000 its 517 as of now, we just got it the latest read on new home sales important distinction home sales. A surprise drop, the number 661,000 new homes sold seasonally adjusted annual basis in the month of january expecting them to go up the actually went down i mitigate to the median price for january of this year 420,700 that went up by 7000. 661,000 new homes sold on annual basi
People suspect, differential composer english skills. But what we want from them is to leave within 2 weeks. Thats enough for us. Its not up to them to choose for us. The line from moscow, this is our t international. Im rachel ruble. We start with the Un Security Council meeting where it rushes ambassador to the un question, the legitimacy of the bodies International Military mission. Its a heavy backed by the us and lead by kenya. The mission aims to ramp up security in haiti as the States Government has called for help. Take a listen to some highlights from the meeting, a can ya signal, its willingness to spearhead this security consul, monday to initiative. We now invite the Member States to contribute as active participants, providing personnel funds, Vital Equipment and Logistical Support to the Multi National Security Support Mission. We had stepped up to create a new way of preserving global peace and security answering the repeated calls. So the member state and was much thank
A leading bloomberg called the for almost good to the world. This is the, it is going to have your company today names less than funding for ukraine is increasingly on the back of the as well as into the hands of the you allies. Consider a shift and financial policies for helping keep solving problems at time. Oh, so you country that rachel mazda and takes us to the details as well. The use chief diplomat use the burrell or recall of the you and the west are guard, and then the rest of the world is a general fame ventured out of the garden today. To meet up with other european Foreign Ministers in t of because apparently thats the new capital of europe now. But whats that timing for team unity . Because as theyre needing to discuss how they can conjure up more euros to tacit princess vladimir zalinski, so we can keep doing is european values. Whole that worldwide on his tour. It turns out that the us congress has decided to suddenly get tight fisted dropping aid to ukraine to strike a