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Of hedging backup. People going out and buying protection. The cable rate going nowhere. Youre seeing flattening in the market for treasuries. 1. 82 is how we trade. Time now for the global exchange. We bring you todays market moving news from around the world. From riyadh to zurich, london and washington, our bloomberg voices are on the ground with todays top stories. In riyadh, history is being made. Saudi aramco jumping 10 in its debut, giving a value of almost 2 trillion. Bloomberg spoke exclusively to the ceo of the Saudi Stock Exchange. If the full offering size is offered in the markets based on ,he 1. 7 trillion valuation that is a on. 5 . However, thi changes every day. We are watching the price change over the next four days. But our anticipation of 8 to 9 would be the weight of aramco. Alix yousef gamal eldin joins us now from riyadh. Give us the latest on the ipo. Yousef its been a remarkable few hours. Trillion, to 1. 88 within firing range of the 2 trillion mark, which ha
This is america, we value hard work. We also are compassionate country. And we should make those that try to do the right thing, if they need a hand up, lets give it to them. Reporter lindbergh is under fire for his support of the stop and Frisk Program when he was mayor. Ahead of his run, he said he was wrong and apologized speaking on it again today. We then cut 95 of it out before i left, and i said look, i made a mistake and apologized for it. Reporter other candidates have been critical of his late entry into the race, and his fencing. He is committed to shelling out 100 million of his own money by the end of the year. Despite the spending, a new polish those him at about 5 with democratic voters nationally. He made a pitch to california voters. Californians understand, nothing is simple, you have to have real solutions. You have to have evolutionary and revolutionary change. Reporter bloomberg has got some more work to do in the state. He is top transfer only about 2 of californi
A drawing from the historic paris climates agreement which donald trump has called unfair. Iran has accused the u. S. Of bullying after it impose new sanctions washingtons move came a few hours after to her on announced its taking another step away from the 2050 nuclear deal the head of the countrys Atomic Energy Organization Says its now operates in twice as many advanced centrifuges dosage of party reports from to her on. The head of irans Atomic Energy organization at one of the countrys most important Nuclear Facilities this is where Ali Akbar Salehi announced that iran has now added another 30 advanced centrifuges. Zines you do see we would supposed to have 30 chinese centrifuges we wanted to work on it after we tested 20 chinese centrifuges then 3 to 4 years later to work on the 30 chinese centrifuges but we faced political challenges and senior authorities decided to show irans potential power and determination this is another step taken by iran to scale back its commitments to
It saudi arabias oil giant around code has finally been given the green light to go public a part of the crown princes plans to overhaul the cell the economy but come around close i. P. O. Satisfied his ambitions and what if any are the risks this isnt side story. Hello and welcome to the program im dead in saudi arabias crown jewel in the Worlds Largest Oil Producing firm aramco is now set to go public after several delays the initial Public Offering or i. P. O. Will be on the Saudi Stock Exchange how much of the companys for sale and at what price will be determined later part of the crown princes economic plans for the kingdom the floatation aims to raise billions of dollars but estimates of how much it might actually draw vary widely. A 2 trillion dollars price tag many bankers put it at one and a half trillion dollars and critics of the i. P. O. Say investing in iran could be risky the company suffered a drone and missile attack in september that temporarily shut down half its pro