Do and by the way she has a long period of time ahead you know we should have to form her own view to get it with a go in council about what to do but the stop here really. In a frank 1st who is listening to this full statement he leaves an empty arsenal there for his successor Christine Legarde a chemist spector change of direction from. Christine lagarde and all of her public statements so far has sort of mirrored drive these policies she said this sort of highly accommodative policy is warranted if you look at the european economy at the same time there are sort of these of these bigger questions of what d does Christine Legarde have at her disposal now you know mario draghi has really taken Monetary Policy to the edge of whats possible and theres a there are definite questions about that there are a lot of discussions about things like raising the limit of bonds that. The e. C. B. Could by cutting rates even lower but even in the press Conference Today mario draghi was sort of just
Big show this morning, joining the conversation fox business dagen mcdowell, moodies capital chief economist john and the brewer ceo, former investment banker and nfl player jack brewer. Dagen good morning. Maria we keep falling the bouncing ball with china story, yesterday when i spoke with wilbur ross played down november 17th when the president will meet with xi jinping to sign the documents and paper it up as they say. Dagen maybe better to set expectations low and theres only one president of the United States. Maria absolutely. Showing progress and hopefully close the deal as soon as possible, i think the market anticipates an end to this particular matter and thats a positive. Maria markets are positive feeling a sense that maybe theres something on the table but markets are fractionally moving. Chinas vice foreign minister and President Trump weighed in on negotiations and talked a bit about potential deal watch. We have a summit in chile or wherever that may be, able to sign a
And george mason university. Hes a Bloomberg Opinion columnist and has written regularly for the New York Times and contributes to a wide number of newspapers and periodicals. His previous books include the class and great stagnation. In his new book big business, he examines the tension between the lack of trust in big business snd big businesses in the American Economy. He argues that corporations despite americans ambivalence towards them are inessential and balanced, productive and Oppressive Society by spurring innovation, rewarding talent and hard work and created the bounty on which americans have come to depend. The Deputy Editor of Harvard Business review writes tyler cowen mounts a defense of big Business Finance and the tech industry. Both of their critics and defenders will benefit from b ts book. Cowen will be joined in conversation tonight by edward, u. S. National editor from Financial Times and author of the retreat of western liberalism. Please join me in welcoming eit
Nikkei up. European equities right now as well a bit of a mixed picture ftse up slightly the tenyear note is trading at 2. 053. Now to the big story of the morning. Details on the hack capital one disclosing a massive data breach that affects 100 million u. S. Customers and 6 million in canada. The company says 140,000 social numbers and 80,000 Bank Accounts and 1 million Canadian Social insurance numbers were compromised. It says the largest category of data that was exposed was from credit card applications including names, addresses, phone numbers, dates of birth and self reported income the hacker also accessed customer status status such as payment history, Credit Scores and credit limits. The breach occurred in late march. The hacker accessed information through a vulnerability of the servers in an unnamed cloud company. The fbi arrested a suspect, Paige Thompson shes a former engineer at Amazon Web Services. Authorities allege thompson posted some data on gethub and a private ch
They say theyll continue launching attacks on the Saudi Coalition stops its airstrikes were lets speak to mohammed live from summer so the who things have been showing off this missile they say hit the military camp in saudi arabia what more theyve been saying tell us. Yes during his press today the hope is mr spokesperson you hear syria mentioned that this newly domestically produced missile can have targets far away from riyadh and that the all of these saudi and the United Arab Emirates vital targets have become under fire range of the whole of these so here one more ballastic missiles will be launched by the whole fees such targets and what you mentioned that the saudi aggression. Stops in yemen he mentioned the newly did domestically. Produced can 3rd which is means the volcano. Has the capability also to be launched from. Launchers or from launchers he also mentioned that the. Have carried out the old saw the attack in aden with fuel which all resulted to the killing of a 39 duri