Voters opted to breakaway from spain but in the past week the political situation has been desperate. Separation could have tire consequences for the spanish economy without catalonia spain would lose around a fifth of its economic power the Car Manufacturers say outproduce is in catalonia and the region also has a strong chemical and pharmaceutical industry. Invest as a rattles. On the matrix Stock Exchange prices continue to slide more than three hundred points of shed over the past week. Just over a hundred year and my sense is that this independence attend isnt getting the most. Often media but one ends clarity but in the ninetys a sense and happy nation was how shall i not simply want to ignore any of them can. Independence may not be plain sailing for catalonia as economy if Companies Face that fact. From the region. The Spanish Banks bank based in barcelona and bank have already announced plans to leave. Both are worried about losing access to the euro zone and funds from the Eu
Desperate. Separation could have tire consequences for the spanish economy without catalonia spain would lose around a fifth of its economic power the Car Manufacturers say outproduce is in catalonia and the region also has a strong chemical and pharmaceutical industry. Invest as a rattles. On the metric Stock Exchange prices continue to slide more than three hundred points have shed over the past week. Just over the coming year and my sense is that this independence for ten it isnt going down well as he moves from the e. U. Hes off to media but what i meant in the ninetys a sense and population was how shall i not simply want to ignore them come. Independence may not be plain sailing for catalonia is economy if Companies Based that are not facts on the region. The Spanish Banks bank based. In barcelona and banks have already announced plans to leave. Both are worried about losing access to the euro zone and funds from the European Central bank. German companies with branches in catalo
Drop in order for drop in order for for its typhon business jet. And opec secretarygeneral hopes to get the americans on his side saying the Oil Organization will meet with the u. S. To help support their production deal. Good morning glad youre with us once again for spain it may be the day of reckoning as the Catalan Leader, Carles Puigdemont, will be speaking to the Catalan Parliament later today he may or may not declare independence well have to wait and see until 6 00 p. M. Local time a quick look at the stoxx 600, one hour into the trading session. We are pretty much flat, even stevens when it comes to gainers and losers german exports were strong in august, up 3. 1 . Brushing off concerns of the stronger euro given that were seeing stronger demand in the eurozone lets look at the indices one by one. The dax hit record highs in yesterdays trading session. Its just close to those levels, still 12,977 points. The ibex 35 on this crucial day for spain is off by 0. 4 continues to un
To this is al jazeera live from london also coming up kenyas Opposition Leader announces hes withdrawing from the rerun of the president ial election. Here in liberia where theres an hour left of voting to replace africas first elected female president. And ten days twenty thousand evacuated and hundreds of homes destroyed as wildfires spread in california. And it will begin in spain learn announcement is expected on the future of catalonia its leader catulus praised him on was to give a speech an hour ago but his highly anticipated announcement was unexpectedly put back with m. P. s walking out of parliament there are mixed reports on whats behind the delay. At a Cabinet Meeting at the Regional Parliament in barcelona is speech is expected to outline whether hell make a unilateral declaration of independence after a referendum vote to break away break away from spain the Spanish Government has warned it will act on any attempt to divide the country. With correspondents in madrid and b
This is the view news live from berlin the Spanish Government rejects the latest moves by catalan leaders in their bid for independence after they signed a declaration to break away from spain only to suspend it calling instead for talks with madrid will get the very latest from our correspondent on the ground also coming up. Because to istanbul to discuss the case of the turkish german journalist michel othello shes going on trial on terrorism related charges her supporters say are baseless. And as part of our series on being gay in todays russia we meet boris an activist campaigning to raise awareness about the situation for gay men suffering persecution in chechnya. Im brian thomas thanks for joining us we begin in spain where the government has rejected catalonia a statement on independence the cattle on president used a much anticipated address last night to sign a declaration of independence only to suspend it and call for negotiations with madrid a disappointing night for the pr