Year. We have one trading they left and a lot of news to cover. Geopolitics with russia and the u. S. , but also market movements and volatility in currencies in 2016. First, lets get the first word news. Here is sebastian salek. Seb a ceasefire agreement came in effect in syria overnight after russia and turkey announced he had brokered a deal they hope will pave the way for a peace settlement ending the civil war. The move sidelines the u. S. , which had led peace efforts without success. But most recently, a similar ceasefire negotiation collapsed after a week in september. The bank of italy has said the rescue of monte dei paschi will cost the state 6. 6 billion euros. That comes less than a day after the European Commission approved a Liquidity Support Program for the Worlds Largest oldest bank. Under the rules, banks could not benefit from general support schemes, so they had to green light a special decision. The euro surged as much as 1. 6 against the dollar in asian trading ov
I think the conversation on brexit is continuing to shift but im looking forward to seeing whether janet yellen tackles this issue headon or dances around it. Tom i do not think that is a small idea and i believe she has got to. I would be stunned if she did not directly mention it. Day, Michael Mckee and i will do this at 1 00 p. M. This afternoon. Francine i wonder whether she will focus on domestic risks or international. Lets get the bloomberg first word with nejra cehic. Nejra a new warnings from George Osborne on the risks of leaving the European Union. In a speech he will say that brexit would lead to a 42 billion black hole in the budget that would have to be plugged with higher taxes and cutbacks. The eu is june 23 and recent polls show the leave faction is ahead. Hillary clinton has opened up a doubledigit lead over donald trump in the race for the white house. A new bloomberg poll shows clinton leading trump 49 to 39 among likely voters and 55 said they could never vote for
Controlling shareholder Sumner Redstone kicked five of viacoms directors, including ceo fa lien de felipe delmon, off the board extending the incredible move over redstones iconic media empire. Shares rallied on the news climbing more than 6 . Viacom issued a statement pointing fingers at red stones daughter sherry saying, this is a brazen and demonstrably invalid attempt by ms. Redstone to gain control of viacom and its management. So how does this one play out . Tom megan, joins us now, welcome, nice to have you. I guess one of the questions is, who do you think actually made this move . Sumner redstone, ms. Redstone, or the board of national amu amuseme am when the story first came out it was billed as a National Amusement board move. Who do you think did it . Im not sure if it matters whether its sumner or daughter sherry at this point. I think that since they have this since they really control National Amusements and the they have 80 control of viacom, again, i think thats whats
Redstone kicked five of viacoms directors, including ceo fa lien de felipe delmon, off the board extending the incredible move over redstones iconic media empire. Shares rallied on the news climbing more than 6 . Viacom issued a statement pointing fingers at red stones daughter sherry saying, this is a brazen and demonstrably invalid attempt by ms. Redstone to gain control of viacom and its management. So how does this one play out . Tom megan, joins us now, welcome, nice to have you. I guess one of the questions is, who do you think actually made this move . Sumner redstone, ms. Redstone, or the board of national amu amuseme am when the story first came out it was billed as a National Amusement board move. Who do you think did it . Im not sure if it matters whether its sumner or daughter sherry at this point. I think that since they have this since they really control National Amusements and the they have 80 control of viacom, again, i think thats whats going to speak here. What does
Controlling shareholder Sumner Redstone kicked five of viacoms directors, including ceo fa lien de felipe delmon, off the board extending the incredible move over redstones iconic media empire. Shares rallied on the news climbing more than 6 . Viacom issued a statement pointing fingers at red stones daughter sherry saying, this is a brazen and demonstrably invalid attempt by ms. Redstone to gain control of viacom and its management. So how does this one play out . Tom megan, joins us now, welcome, nice to have you. I guess one of the questions is, who do you think actually made this move . Sumner redstone, ms. Redstone, or the board of national amu amuseme am when the story first came out it was billed as a National Amusement board move. Who do you think did it . Im not sure if it matters whether its sumner or daughter sherry at this point. I think that since they have this since they really control National Amusements and the they have 80 control of viacom, again, i think thats whats