[applause] pres. Trump thank you very much, everybody. I want to start by wishing my good friend, Prime Minister abe, from japan, a very happy birthday. He is 39 years old today. [laughter] pres. Trump please extend my wishes to the Prime Minister. He is a great gentleman and we have had rate success, have you know. In addition to what we are talking about today, they are building in japan many car plants in the United States, which they were not doing for a long time. They are building in michigan, ohio, lots of different states. We appreciate it very much. It has been a tremendous investment. But we are here to talk about a different purchase, and that is good as far as we are concerned. I want to thank you very much for it. [applause] pres. Trump so we are gathered here today at the white house this afternoon to discuss a very strong and groundbreaking achievement for the United States and japan the signing of the new u. S. Japan trade agreement and the u. S. Japan digital trade agr
Minister. We have had tremendous success. As you know, they are building, japan, many car plants in the United States, which they were not doing for a long time. They are building in michigan, ohio, lots of different states. We appreciate it very much. It has been a tremendous investment. But we are here to talk about a different purchase, and that is good as far as we are concerned. I want to thank you very much for it. [applause] trump so we are gathered here today at the white house this afternoon to discuss a very strong and groundbreaking achievement to the United States and japan the signing of the new u. S. Japan trade agreement and the u. S. Japan digital trade agreement. Digital is becoming a very big factor in the world. These two deals represent a tremendous victory for both of our nations. Jobs,l create countless expand investment and commerce, reduce our trade deficit substantially, promote fairness and reciprocity, and unlock vast opportunities for growth. In the United S
Week. They previously had a limit of 60 euros per day. Capital controls remain in place. Transfer of funds aboard is restricted apart from a few exceptions. Littles on cash withdrawals still remain. I cannot feel positive about the future. Increases in valueadded tax agreed under the bailout terms have also taken effect. The valueadded tax at restaurants and cafes rose on monday from 13 to 23 . The vat on food items and daily necessities also rose to 23 . The United States and cuba have restored full diplomatic relations and will reopen their embassies on monday. Diplomats from the two countries will officially declare the restoration of diplomatic ties severed if 1961. The cuban interest section if washington, d. C. Has already replaced its door plate with a new one that reads the embassy of cuba. Its covered with occur tain and will be unveiled during an afternoon ceremony to mark the reopening a. Cuban flag will be hoisted at the event. Similar preparations are also under way in cub
25 jump in earnings and vowing to restart its dividend. Happy holidays for intercontinental. Shares rise as the hotel group increases its dividend on higher fullyear profits. The ceo tells cnbc the impact of sterling weakness is muted. It had marginal impact on us on the year, it reduced our overhead cost on sterling, but we had an impact on revenues because were dollarbased, report in dollars. As far as the rate, very little amount. Good morning. Lets kick things off with a bit of data for the eurozone, that looks to be stronger than forecast. Market february flash composite pmi came in at 56 versus a reuters pole of 54. 3. This 56 print, that is the highest since april 2011 that follows upbeat data from germany and france this morning. In germany, private sector growth the fastest in three years, and in france, the composite pmi at the highest level since 2011. Interestingly enough, also prices rising. That obviously could crimp growth going forward. Now by in large it looks like a h
Week ago. Eight crowd. A crowd. Fixing a financial meltdown. Samsung electronics looks to rebuild its reputation with its first new smart phone since the exploding battery scandal. Good morning. Glad you could join us for this edition of Asia Business report. We start with toshiba and shares are down less than 1 toshiba and shares are down less than1 in toshiba and shares are down less than 1 in tokyo trade news overnight that it is us unit westinghouse filed for bankruptcy protection. Investors are waiting as Shareholder Meeting due to start shortly. Toshiba are now warns that the delos mao may widen to over 1 billion us because of the problems of westinghouse. It has twice delayed reporting earnings until april 11. And toshiba shares have lost over 60 since it first acknowledged that the problems in december. The Japanese Firm may now look to sell a Majority Stake in westinghouse. Earlier i spoke to rupert in tokyo. I asked him how ha rd rupert in tokyo. I asked him how hard it will