Welcome to todays worldwide exchange. He im kelly evans and these are your headlines from around the world. Social democrats take control of the house and the eu is forced out of power in lower saxony. Plus, optimism by the u. S. As republicans attempt to break the budget stalemate in congress. Investors pulling back in japan as the boj begins its twoday meeting thats widely expected to back more easing and a new 2 inflation target. And heavy snow bringing travel across northern europe. Hundreds of Flights Canceled here in the uk. France and germany, too, with disruptions expected to continue for several days. Yes. Welcome to worldwide exchange. Ross westgate is away. He will be back later in the week from davos and along with plenty of other people and a lot of great guests. Its a threehour program. The first three hours, i think the third youll have to flip over to cnbc to catch. We will be heading out to washington as the capital prepares for the inauguration of president barack oba
Welcome to worldwide exchange. Im kelly evans. And im ross westgate. These are your headlines from around the world. Slowdown in germany wore worse than expected. Annual gdp came in at 4. 7 . Urging for actions, president obama and tim geithner say Congress Must raise the debt ceiling or cause irreparable damage to the u. S. Economy. And jump t to the top of the ftse 100 after Third Quarter revenue beat the forecast, burberry had earnings higher than expected. All right. Sorted out my mike issues. Worldwide exchange is slightly different today because were analyzing the first german gdp numbers. And i come to the u. S. Where its all annualized and we stick to the European Data and its quarter on quarter. Given the context, were still working through what all that means. Exports in november, down 94. 1 billion is where we essentially went. 98. 4 billion was the october numbers. So exports in november driving down. And that gdp number is worth pulling out. Exports for the year, up 4. 1 .
Welcome to todays worldwide exchange. Im kelly evans and these are your headlines from around the world. George osborne is set to make plans to break up banks. Well bring you live coverage of that highly anticipated speech. A Corruption Scandal weigh owes mario rajoys party as he prepares to step down. We should assume that might win this discussion. It will completely break down. And the other side of the story from bumis cofounder. And its extraordinary comment for the chairman of a British Company to make. That seems to be the main thrust of his argument to win this. And its wrong. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. An extraordinary back and forth there on this monday morning. Welcome to todays worldwide exchange. Ross westgate is away but well do our best without him. We have Michael Brown to help us through things. Coming up on the program, well head out to hong kong where china is requiring a reinstruct during of the eco
Hello. Welcome to todays Worldwide Exchange. Im ross westgate. And im kelly evans. These are your headlines from around the world. Costly cleanup, deutsche posts a bigger than expected Fourth Quarter loss. Santanders profit dropped as it sheds real estate assets. A different story in japan where the stock market rally helped boost things in the Third Quarter. Nomuras financial profit is up ten fold. Earnings fall short of expectations, astrazeneca warns of a tough year. And boeing is sticking to the flight plan as its outlook rises. All right. Welcome to todays super thursday. I was going to say, if you thought the super bowl didnt come until sunday, you clearly are looking at the wrong kind of event. The financial markets, its all happening today. Tons of earnings. And jobless just. Posted according to the labor office, the jobless change according to the reuters forecast was to increase by 8,000. The Unemployment Rate, i believe, improved in january. 6. 8 versus 6. 9 in december. The
Had hello and welcome to Worldwide Exchange. Im kelly evans and these are your headlines from around the world. Bank of japan steps up its easing agenda under heavy pressure doubling its inflation a target and fed style openended qe starting next year. President obama lays out a liberal position for his second term during his inaugural address. And brewing giant sab miller reports a growth in third revenue quarter after chinas growi coldest winter in 28 years sees an increase in lagger. Ross westgate is in davos. In the meantime, big news out overnight, this one for Global Markets. The bank of japan delivered what markets had been banking on with a joint commitment to double its inflation target to 2 . It says it will buy 145 billion of assets each month starting in 2014 with no set deadline to finish the purchases. All that said, the yen is strengthening this morninfor mot be disappointed, lets get straight out tore kaori enjoji. Were seeing again in markets a little disappointment. D