Warm welcome to countdown. Im anna edwards. Lets weve got some breaking news in europe. We also have that interview from mark carney. Before that, lets think about in thet that it jobs Day United States and jobs day everywhere in Global Markets it seems. Lets bring up a chart that shows you whats happening in treasury yields. You see the pickup at the end of that chart. U. S. Treasury yields increasing. Their highest in around four months. That is handwrite of that jobs report. 185,000, thats the number to look for. It seems the markets are adjusting their expectations, building in some kind of expectation around a december rate increase from the fed. News get to the breaking weve got coming from allianz, the german financial giant. They say they are on track for their fullyear targets, one of the Better Things they are saying this morning. Ninemonth operating profit stable. Thirdquarter operating profit has come in at 2. 4 billion euros, broadly in line with where the estimate was. Th
President obama hosted a trilateral meeting in march in the hague, where he and president obama park and Prime Minister abe consulted on the north korean threat and other concerns. Those groupings are based on shared values like democracy, human rights, and respect for international law. And theyre based also on shared interests, both in the pacific and across the globe. And the group that ill be joining tomorrow, ahead to new delhi, is a periodic u. S. Japanindia trilateral consultation. So these are just a few examples that attest to the possibility of plurilateral, multilateral engagement. They attest to the utility of a flexible geometry involving northeast Asian Countries with the United States. So in that vane, we welcomed president parks call last month z resumption of the trilateral Foreign Ministers meeting among china, the republic of korea and japan. I think theres a widespread hope and expectation that after the meeting of the three Foreign Ministers, a meeting of the leade
Industry to share information on Cyber Threats. Before signing, the president talked about why it was important to address the issue now. He also spoke about the governments attachment to keep people safe while attempt to keep people safe while protecting Civil Liberties and privacy. This is 30 minutes. Ladies and gentlemen, to introduce the president of the United States please welcome, Stanford University president , john hennessey. [applause] welcome back. Its now my great privilege to intro our nations 44th 44th president , barack obama. President obama came to office just after the Global Financial crisis in 2008. His presidency has been marked by the complexity and challenges of governing at a time when people are more interconnected than ever. Sometimes in ways we dont even realize. And the idea of Community Extends far beyond physical boundaries. So many aspects of our lives have been digitized and technology is central to almost everything we do. But our increasing reliance ha
Successful internationally in my view is a lot of lessons in particular the periphery can learn from that. My friend is brilliant, but wrong in this particular case. Germany is doing the wrong thing in five different ways. Meanwhile, chinas leadership prepares to release its economic reform plan to the world. And on the on earnings front, vodafone unveils a 7 billion pound spending plan as weak trading in europe results in a record fall in core revenue. A warm welcome to you. The its has pledged an Aircraft Carrier and other vessels will go to the island as Recovery Efforts deny in the wake of typhoon haiyan. Well have the latest from manila. Back in london, sothebys is preparing to sell some of the worlds most expensive whines at its auction tomorrow. At 10 45 cet, are chinas debt levels heading to a breaking point . Chinas debt policy could be on the brink of some kind of default. And our innovation cities week continue. Well look at how van could you have ser heading through urban p
Meeting today with congressional leaders that ended with no deal. Ahead of that, investors lost hope lawmakers can come together in the time remaining. In the last few minutes of trading, stocks sold off. The dow tumbled 158 points, the nasdaq lost 25, and the s p fell over 15 points. Heres darren gersh with more on the critical work that has to get done in washington this weekend. Reporter the president declared himself modestly Optimistic Congress could still reach an agreement to head off huge tax hikes on january first but he also warned lawmakers to get their work done. The American People are not going to have patience with a selfinflicted wound on the economy. Reporter Senate Republican leader Mitch Mcconnell called the white house meeting a good one and he told his fellow republicans he hoped to have a fiscal cliff recommendation soon. We will be working hard to see if we can get there in next 24 hours and so i am hopeful and optimistic. Reporter but the Sticking Point remains