Both engines of the u. S. Economy running at full steam. As for the stock market, were seeing a mixed picture. Ny gain would be a record the s p and nasdaq are seeing some weakness here, individual stocks seeing weakness, having to do with earnings. 3 . Ave pepsi, sales down the shares are pairing their decline. Earnings beat estimates. Sales are weaker. Digging more into that and our stock of the hour segment. One of the worst performers in the s p 500 has paired some of its decline. That company posting sales that missed estimates as well. The ceo is making more optimistic comments. And office depot fell 78 . This is a preliminary view as the Company Looks to make an acquisition. It is going to buy congee column compucom. We are also watching the situation in puerto rico, in the wake that puerto ricos debt would be wiped out even as his budget chief says those, should not be taken literally. Here in the bond insurers seen in steep decline. Cells themselves self plunged. Record low he
Follow on down this is al jazeera you from doha also coming up spains government gives catalonia a seventy two hour deadline to clarify its position on independence or face the prospect of direct rule. Somali rescuers look for survivors two days after the countrys worst Suicide Attack killed about three hundred people. And a scathing persecution footage released by the un shows streams of range of refugees continue their forced exodus from myanmar into bangladesh. We begin with major developments in iraq where Government Forces have taken control of the contested city of quetta cook from Kurdish Forces tension has been mounting in the Oil Rich Region ever since the kurds held a referendum on succession last month aljazeera is child stuff and has more now from ever built. The kurdish flag no longer flies in the center of kirkuk the city now officially back in the hands of the Iraqi Government its forces but made a rapid advance launched in the middle of the night fifteen hours later the
A team is more powerful they can win matches for me we are the best league in the world thats why its going to be a very interesting match up between the spanish team and an english team we will see what happens its going to be like a mini final we must play a good match and prove that leader is better English Premier League leaders Manchester City are at home to say we are leaders at napoli man city who put seven past stoke on saturday also top their Champions League group with two wins out of two but manager not underestimating napoli who are unbeaten in the Italian League this season like dorchin up only sitting there in may home words. Like i learned many things about him so and. So. What i like i laid towards him to play him to morrow is a big does for us. For me as well that the manager that would can do to beat him resilient football stock a car has played his final home game for orlando city in the m. L. S. Before my favorite world player of the year who spent three years with
Their watching all jazeera life from a headquarters in doha im dead you know also ahead the philippine president rodriguez the territory declares the city of mirali has been liberated from an ice a ling Group Despite fighting still continuing. Leaving no stone unturned so mali rescuers look for a survivors two days off to the worst Suicide Attack killed over three hundred in the capital. We struggle. To piece the life without my father. A daughters plea for freedom for an aljazeera journalist whos been jailed in egypt for three hundred days. Hello we begin with the latest developments out of a. Iraq thats where Kurdish Forces have lost even more territory so a group affiliated with the iraqi militias has taken over the city of sin giada thats in the northwest and thats after the withdrawal of Kurdish Peshmerga fighters earlier Government Troops took control of the contested city of quetta kook so tensions been mounting in the Oil Rich Region since the kurds held a referendum on secessi
We meet in the vicechairman of blackrock, the worlds biggest money manager which handles more than 5 trillion in assets. 10 years on from the financial crisis, what have we learned . We learned we had too much leverage in the system. When you have too much leverage, bad things happen and the effects tend to be amplified. That is the key take away from it all. We have learned this notion of letting the market be totally free and governments should get out of the way, that is not a good idea. Thanks needed much more capital than they had at the time, capital levels were excessive. Some of these banks were leverage nearly 100 times, and that has always been the key takeaway. I wish we had focused more on the capital issue and less on the other things that have made it into the Regulatory Reform realm. Francine is there concerned we are over regulating and we will miss the next one . Leaders with lacqua, i philipp i think we should not have any illusions. I think we need to be realistic. I