Sport has dismissed the request filed by the Russian Olympic Committee and 68 russian athletes. The Russian Olympic Committee claims those 68 clean athletes should be allowed to compete in the Upcoming Games in rio de janeiro. Russian athletes in other sports also face the same fate. The World Antidoping Agency are calling them to be barred as well. Earlier this week a report by a wada investigator detailed a doping program that covered a wide range of sports. The international Olympic Committee will decide on sanctions in response to that. And its likely thursdays ruling will effect the outcome. Two russian track and field athletes will be able to compete in rio. Daria klishena and mario stupona blew the whistle on doping in her country. Tokyo is planning a relocation plan for a u. S. Base in the southern prefecture. Japans top spokesperson notified the governor that tokyo will take new legal action on friday. Translator were seeking a new judicial decision but quickly proceeding with
The governor coming out today saying that markets are too riskaverse to reflect true fundamentals. Investors are listening to that or not remains to be seen. Extending australia that bear market territory. We haveand at levels not seen since october last year. Korea down 1 . , extending those falls we saw yesterday. One bright spot has been that gold price, on the verge of a bull market. Lets have a look at some of the gold players, particularly in hong kong. Asian mining up by 5 , but it had been up by as much as 11 today. Gain in best fourday years. Price has come off a little in asian trade today after that they can rally yesterday, where it was up right over 4 . There has been a lot of focus on the yen, continuing to strengthen. Rishaad thank you. The focus is intensifying on ank. Ns central bri despite efforts, the japanese economy still cant escape a roller coaster cycle of expansion and contraction. We have the details. Years and record monetary stimulus, japan faces the dauntin
Manus welcome to countdown. Anna a warm welcome. , a lot ofctures emotion on the streets coming from result. With theart in doha oil story. Doha. Et in such expectations built up to this meeting even though we knew the iranians may or may not have played ball. Manus the saudis made it clear that they wanted the iranians on board. Road to dohathe crash. Everything is reacting aggressively in the wake of that disappointed. Let us check out the fx board. The wtiwn 4. 7 , and down 4. 2 . The aussie and the Canadian Dollar and the yen. The biggest around the yen. Near a 1. 5 year high. There was also an earthquake in japan. Lew called on Foreign Exchange moves to be orderly. Warning against the potential intervention. This has flowed over into the fx well inut elsewhere as reaction to the story out of brazil as well and that has also rocked markets. Anna treasuries are also on the move. Money going into treasuries. The perception of it being a safe haven. Some of the yields coming down on t
The much touted meeting ended without agreement. Crude tumbling. This is the view now. 38. 18 per barrel, and brent crude at 40 a barrel. For more thanon 10 hours longer than planned, but broke up without a deal. What does monday hold . A big drop. To 30. Go back based on people familiar with the talks, which ended a few point they at one said it seemed as if all the Oil Ministers were gathered around a computer trying to agree on the text of the draft. How much of a gap between what a lot of these members wanted to come out of the deal. It was supposed to end early afternoon. There was a press conference scheduled. It dragged on much later than that. A lot of people are pointing to the saudis as the main stumbling block. Saudisrstand that the insisted that the Draft Agreement include text which pointed out that iran must be included in any future commitment, and we all know that even before the meeting started that iran called it ridiculous. In fact, listen into the Russian Energy min
From london. Lets take a look at the markets. Some great guests coming on the program. First, this is a picture for european stocks, down 0. 4 . Tohave our inhouse expert go through what didnt happen in doha, currently down some 4 . Then i wanted to show you the fallout, you can see the yen rising at 108. 26. Lets get to the bloomberg first word with nejra cehic. Nejra thanks. Brazilian lawmakers have voted to impeach the president. There were wild scenes of the parliament as the opposition secured the two thirds majority needed to move to the senate. There, for civil majority would see her suspended while she faces a trial. The president and her supporters say the campaign to oust her amounts to a coup. George osborne will wrapup his campaign to keep britain in the European Union today. The you can chancellor will highlight a treasury report which says it would cause permanent rather than temporary damage to the economy. Would cutill say, impact at enormous costs the public spending.