A camp with people whove lost all of their belongings. And we look at why Climate Change matters more than the economy to many british voters. Im joined again with the sport as asian champ his cattle get set to host the arabian gulf cup which has extra political significance this year will be live ahead of the opening match. Welcome to the news a protest has been killed while trying to storm another United Nations compound in eastern democratic republic of congo hundreds are marching towards an airport on the outskirts of the city of beni where un peacekeepers a based but Security Forces stop them from forcing their way past roadblocks the protesters have been turning their anger on Security Forces and aid workers for not protecting them from armed groups peacekeepers had retreated to a us. Military base after their compound was attacked the land and amid the violence the World Health Organization has pulled almost one 3rd of its staff who are working to combat the spread of about alja
Trump says he and janet yellen are doing well together. This is bloomberg. Im mark barton in london. Stocks marginally higher today, up by a 20th 1 . Overis up a smidgen dollar. Long andng to talk hard about barclays. Look at barclays shares. Down 5. 7 . Deutsche bank down 2 . Getting some details from the norwegian central bank. Rates will be kept unchanged today. Riskslance of economic unchanged since september. Unchanged at 0. 5 . Heres the news with sebastian. Donald trump says hes thinking about getting janet yellen another term as fed chair. Terrific and they are doing very well together. Familiar to people the matter, gary cohn is not open to the fed. Mindel holly faye was speaking asked lucidly to bloomberg. I have a meeting with two banks. They will come and apply for licenses to operate in saudi arabia. Were open. The u. S. House has in responseanctions to irans support for hezbollah. The two bills market first action against iran since President Trump refused to continue the
Back after the tenyear hit a sixmonth high earlier in the session. We talk to pimco chief officer scott mather in just a few minutes. And treasury yields across the pond as well have had a huge gain. Also that picasso painting sold at auction last night, a record 179 million. Economist norle ra lle lle Nouriel Roubini will be here. He thinks some people use expensive art as a form of Money Laundering, unquote. Hes at it again. Hes dr. Doom of the art market. With an hour to go in the trading session, the dow is down about 18 points. Again, fall back into positive territory. An ounce of downward pressure only a little bit. The s p and nasdaq giving up 0. 2 right now. 4 points and 10 points respectively. That level for the nasdaq 4983. Lets talk about this in our Closing Bell Exchange for this tuesday. Chris ressler is with us rob morgan checks in from sethy financial and Kevin Guinness from Raymond James is with us so is ken moret. Kevin, youre head of fixed income there at Raymond Jame
Billion due to serious improprieties and misrepresentations and disclosure failures that occurred prior to its purchase by Hewlett Packard. In other words, its fraud. After autonomys founder and ceo Michael Lynch was fired by meg whitman, sources close to the company tell me a Senior Executive from autonomy came forward with evidence of widespread accounting misrepresentations that occurred before it was bought by hp. Hp began an investigation and concluded that these accounting improprieties inflated the value by 5. 3 billion. The ceo then relied on audited financials when making a bid to buy the company. Those financials were audited but there were plenty of investors out there who questioned autonomys growth rate. Sources close to the company allege that autonomy pursued a number of avenues to make margins, growth rate and overall value appear far higher than it actually was. The company was selling computer hardware. Desk top computers, its a Software Company at a loss to supplemen
Real estate owned, empty foreclosed homes into the market, to rent them for a period, if thats appropriate. We were also part of the very large mortgage at the time settlement, which you are aware of, which part of the outcome of that is that banks have been working hard to increase their modifications, to reduce foreclosures, to assist home owners who were unfairly treated in the past and so on. So, from supervisory, regulatory perspective, we are trying to help. But in that respect, we are like other regulatory agencies who are addressing this issue. Finally, and i dont want to underestimate this part, an lit clirks the Federal Reserve, as you know is many, many good economist and we have devoted quite a few of them to studying housing issue, all the way back to the beginning of the crisis and before and influential talking to the other agencies, talking to the treasury, talking to the congress in providing ideas and approaches. So, we have had a lot of influence, i think, from an an