Cnbc theyre sticking with their growth forecast. The differences are so small between ours and theirs. So it depends. We speak to the ceo of lamborghini as it unwraps its latest luxury model at the paris auto show. Others tell cnbc theyre optimistic on a european recovery. The worst here is behind us. I think the necessary measures have been patient. Theres still a lot of work to do. My job is to turn europe around. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Ecb meets today. The main rephi rate is 0. 05 . Banks are repaying deposit catch at a rate of 0. 2 . Mario draghi announced the ecb will begin buying Asset Backed Securities in a bid to expand the Central Banks Balance Sheet to 2012 levels. And that is what makes todays press Conference Key for investors. Top of the agenda, mr. Draghi, will be expected to answer tough questions on that controversial Bond Buying Program. The ecb president will have to defend the luke warmup take of
That means for mortgage rates, housing markets. We went below 2. 2 down to 2. 19 . And four big threats to the american economy. They all begin with the letter e. Energy, ebola, earnings and europe. We will look at all four of the big es. That used to be known as elven hayes. 2. 2 should be the low for the ten year. Anything below that he said would force the feds hands into action and said the fed cannot tighten now due to the risk of deflation. We have been talking about that especially with energy and looking for a bounce for stocks. Of course, not bouncing but falling has been the oil market. Brent and crude. Now down 19 . The transports are bouncing back along with the Dow Jones Industrial average partly due to the drop in oil. They are up more than 3 although the transports are down more than 2. 5 in a week. Its been a very interesting trading session. We have a little more stability and bob joins me here on the floor of the nyse. He said he thinks alibaba put in the top for stoc
The helicopter to crash but the taliban said it shot it down. Africas youngest nation is in turmoil. 70 soldiers are dead and dozens of civilians have been killed. This is the result of an attempted coup in the week. And today marks th the anniversy of the up rising that led to the arab spring. Now tony harris, inside story is next on Al Jazeera America. The u. S. Seeks a renewed relationship with the philippines, still hurting after a major storm. Recovery and the pivot towards asia are the inside story. Welcome to inside story. Im ray suarez. For more than a months the specific island nation of the philippines have struggled to recover from the worst National Disaster that its ever known. Typhoon haiyan. There are still people missing as the storm scoured towns and villages from the land. Aid workers will be helping the millions of people who survived but lost homes and shelter for a long time to come. Now the United States is promising a new package of military aid to the philippine
Pete, kick us off. Derivatives of of financials going high. Oracle. Paccar long. Teradnye. On sports biz, brian shackman. Thats new orleans, the show airs at 7 00 p. M. Tonight on nbc sports network. Have a great weekend. Enjoy the game. Good afternoon, everybody. It has been five years plus some coming. Dow breaking through, nipping above 14,000. It is managing to stay right in that range right now. So you keep riding the rally or is it time maybe to book some profits. Take money off the table. We have a big cnbc exclusive this hour. That man with those two gentlemen, john harwood live with cofounders of campaign to fix the debt. Alan simpson and simpsonbowles, we will get the whole thing on spending cuts and more. Now, down where it is all taking place today, down on the stock exchange, sue . The market is hitting a milestone. Dow breaking the 14,000 mark for the First Time Since 07. Er with up to 13,997. 30. Not to be left behind. S p 500 hitting levels it hasnt seen since december
To hearing the president do this. Nonetheless, this is the kind of thing that created a real problem for u. S. Standing across the globe. The United States will withdraw from the Paris Climate Accord. Reporter President Trump making good on his Campaign Promise to withdraw from the landmark 195nation agreement but leaving the door open for a potential new deal. Were getting out, but we will start to negotiate and we will see if we can make a deal thats fair. If we krcan, thats great. Reporter the speech focusing that the accord is hurting american jobs. The Paris Agreement handicaps the United States economy in order to win praise from the very foreign capitals and global activists that have long sought to gain wealth at our countrys expense. Reporter timeoouting the decision puts America First. Our withdraw reasserts americas position of sovereignty. We dont want other leaders and other countries laughing at us anymore, and they wont be. Reporter sources tell cnn the president was dea