Flooding in savannah. India and china have reached an agreement on deescalating tensions along their disputed border really 3 months after the biggest military confrontation between the 2 sides in the last 45 years Foreign Ministers from both countries have been holding talks in moscow the 5 point plan is centered around honoring existing border agreements 20 indian troops were killed in hand to hand combat in june the border area of the northern ludacris which china also claims both sides are prohibited from using arms under a treaty. Ganguli is a professor of Political Science at Indiana University he expressed cautious optimism about the deal. This deal is significant but on the other hand i am still cautious because it lets well wait and see what transpires in the next few weeks and months that will be a crucial test and yes i think both sides can have considerable reasons to deescalate but in the indian case the Indian Economy has cratered in the wake of the covert 19 crisis and t
Citigroup names james frazer Ceo Jane Fraser ceo, making her the first woman to run a wall street bank. Good morning. A massive milestone on wall street. The first female to run a major wall street bank. Is this a High Water Mark . It is a crack in the glass ceiling. We have a lot to cover this morning. Covid cases are kicking up, brexit drama, and, of course, no stimulus bill yet. Nasdaq yesterday closing down 2 , a crack in the tech rebound. Futures are up. 01 this morning. Here are your stoxx 50 futures in europe, showing a slower start. Down nearly 0. 3 . In the eurodollar, 1. 18. What lagarde said about the euro, not too worried, she seemed. Joining us now is janet mui, investment director at Brewin Dolphin. Good morning to you. I want to start with what is going on with the tech rebound we are seeing. I was looking at the bullinger, and you can see the nasdaq unable to get rid of that breakout of the midrange. Is this a signal of more erosion or will stocks start to trade sideway
Hold onto a recent rebound and global stocks head for a second week of losses. The European Union is giving Boris Johnson until the end of the month to back down on his controversial brexit bill. Cable holds at 1. 28. And citigroup names jane fraser ceo, making her the first woman to run a major wall street bank. She faces the challenge that alluded her predecessors, boosting the banks profitability in line with its rivals. Just under an hour away from the start of cash trading in europe. Lets take a look at where futures are pointing here on the dax, ftse, and euro stoxx 50. Futures all pointing down, although slightly lowered right now, with ftse futures off by about 0. 3 . Take a look at u. S. Futures quickly after the drops we saw yesterday, almost 2 drops. We have a bouncing futures bounce in futures. Anna lets have a look at some data out of the u. K. We are getting monthly gdp data. The u. K. Economy growing by 6. 6 in july. It is almost in line with the estimate of 6. 7 . No su
State of oregon those wildfires burn along the west coast and we speak to one person who lost everything even the roof over their heads in flooding in. India and china have reached an agreement on deescalating tensions along their disputed border nearly 3 months after the biggest military confrontation between the 2 sides in the last 45 years Foreign Ministers from both countries have been holding talks in moscow the 5 point plan is centered around honoring existing border agreements 20 indian troops were killed in hand to hand combat in june the border area of the northern duck region which china also claims both sides are banned from using arms under treaty but we have correspondents on both sides of the story in a moment well have reaction from china with katrina you in the Capital Beijing 1st though lets go to Elizabeth Piron and she is in new delhi elizabeth so how significant is this agreement signed by both sides and what more do you know about the details there. And so as one i
That they should continue their communication and complete trust Building Measures now while all of this sounds very positive in any progress on the very sick serious situation on the border is welcomed many independent experts here a view in this with a lot of skepticism people have told me that these are just words and that there is no operational detail. Is a professor of Political Science at Indiana University he expressed cautious optimism about the deal. This deal is significant but on the other hand i am still cautious because it lets well wait and see what transpires in the next few weeks and months that will be a crucial test and yes i think both sides can have considerable reasons to deescalate but in the indian case the Indian Economy has cratered in the wake of the covert 19 crisis and the shambolic handling their roles and consequently india can ill afford to devote significant resources to the military at this particular juncture on the chinese side i think the chinese di