there is no big issue. a positive start to trading in europe with markets awaiting mario draghi s press conferences for assurances over the future of the euro and guidance of a policy. more wait and see expected from the boe but hopes are high that mark connie will rifle some furthers at his first meeting. portugal s junior coalition party says it will work with the governing social democrats to try to save the government from collapse. the vice president of the popular party told reporters yesterday that a meeting would be called with prime minister pedro passos coelho as soon as possible to find a viable solution for the government of portugal. he added no other cabinet members would resign but warned they would carefully examine the future spending cuts. the ecb meets today for its monthly policy decision. jesse and annette are on the ground. just how much work is there for mario draghi today? karen, it is a fascinating story. welcome, viewers, on worldwide exchan
will a weak yen and growing smart help keep the tech giant profitable? stocks fall after better-than-expected earnings and a box office blockbuster. but the company s publishing business continues to be a drag on results. announcer: you re watching worldwide exchange, bringing you business news from around the globe. they say the adjustment by deafsy sit countries has been both cyclical and adjustable. banking union progress would help reduce the target balances, risks for the economic outlook are to the down side, though. the risks for economic outlook are to the down side. insufficient reform could delay the recovery and they may have misjudged the potential output in recent forecasts. so as you might expect, a slightly more dovish tone and the bulletin. plenty more to talk about on today s program. china s growth is picking up at a faster than expected pace. cpi climbed a tad more than forecast for april. what s more worrying, food prices were up way more in april, w
announcer: you re watching worldwide exchange bringing you business news from around the globe. okay. we re back. warm welcome to you. last night, spain did fairly well. not specifically on the data. although given how spain was the real winner last week they might have had a double whammy with the football win, too. we ve got the latest copulation with the 45.1. it s slightly better than the flash which is 44.8. it has just taken the euro dollar back up. not quite on the friday high that we saw. and the final excuse me, the output pmi index, 44.7 against 44.4. and, therefore, the employment index for the pmi, also slightly high. we had these initial numbers out two weeks ago. that would be when i was on the beach in rio. i think that was what you spent your time doing in rio. anyway, the point is they re not great. but they re a little bit better than the initial numbers that we got out. this fella pulls numbers out of china which we ll recap in a few moemts. r
to finish all the hiring earlier than expected. beijing moving to curb extravagant share offerings that end up falling flat and hopes new rules will restore investor confidence. welcome to worldwide exchange. coming up today, we head to the strong hold of france s far right voters to find out if nicolas sarkozy s latest employs will pay off in sunday s elections. and we ll speak to an expert who says the beer maker is setting the tone at 11:40 cet. and how do you occupy yourself on the way in to work or on a flight? about if you re addicted to angry birds, stay tuned to an exclusive interview. that s at 11:20 cet. ross, do you play angry birds? i think it was about when i got my ipad, i think it was about the first app that went on it. that of course now belongs to the children. but it was not a bad kind of addictive for a while for me. you play ninja fruit or something. fruit ninja. explain that to me later. spain falls back into recession. gdp contracting 0.3% i
bank may launch another round of quantitative easing. so welcome to today s program with christine tan, i m ross westgate. jackie deangelis will join us later from the united states. we ll be joined by a strategist who says buying euro is a good way to hedge against another spike in oil. plus jim rogers calls it an astonishing opportunity. so find out just what frontier market he s talking about. we ll talk to a specialist on that at 10:40. and how exactly do you sell a british sandwich to traders in manhattan? the food retail are s new expansion strategy. it s taking them a while to work out exactly how to do it. before all of that, spanish unemployment has risen for the eighth straight month in march. the number of people registered out of work went up 0.8% with 4.75 million unemployed. the official unemployment rate which includes registered and unregistered jobless people is 22.9% in the fourth quarter of last year. the highest rate in the eurozone. more important perhaps