There is quite a lot going on in the markets mainly because of the threshold that markets crossed yesterday. Lets have a look at what that means for european stocks and even the global stocks rally pausing. We did have the best monthly gain in three decades. Investors awaiting a lot of Economic Indicators that could support the. Rally in risk assets. We have Consumer Confidence and of course personal income. We did have a gauge of asia pacific shares gaining. Above 45 alding barrel, and i also wanted to show you bitcoin and a second, because they were also, you know, within a sliver of a record high for bitcoin. At 19,130. It now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. France will gradually start using its lockdown from sunday. Museums will follow suit from december 15, but restaurants will remain closed. President Emmanuel Macron says vaccinations could start at the end of december or in early january. M
Offer for aer lingus. A very warm welcome, live from bloombergs headquarters in london, i manus cranny. In a bid to keep his country in the euro, Alexis Tsipras has offered to meet most of the demands made by the european creditors in exchange for a bailout, 53. 5 billion euros. The package of cuts, tax increases almost mirrors the proposal put forward by creditors to weeks ago which were rejected by greek voters in the july 5 referendum. Alexis tsipras is insistent on restructuring debts. Guy johnson is in athens, hans nichols is standing in as well. Guy guy what is your take . Guy you could look at it in a number of ways, most obvious yes he accepted everything they creditors demanded. I suspect there will be changes along the way, yes, it feels as if he blinked. You can understand why the greek banks if they do not open on monday will be bankrupt. That is a major blow for an economy already flat on its back. He has signed up for the deal that was on the table and voted no any refere
For South Africa to achieve economic growth that leads to improved wellbeing for its citizens, it needs to convert the primary commodities it produces into high-value exports and develop a stronger relative comparative advantage in more competitive goods than only basic metals. Further, the country needs to connect to the continent and the range of opportunities through the African Continental Free Trade Area. Intra-African regional trade is low, and South Africa has a strong economy that can generate synergies that can contribute to strong regional growth.