London also coming up celebrations on the streets of puerto rico after governor ricardo rose as you know and announces his resignation it comes after the leak of child messages between him and members of his administration that revealed a shocking contempt for the public. And after a day of record breaking heat in 3 European Countries people brains forget more extreme conditions today and do their best to stay cool. Im sorry kelly welcome to the program the new british Prime Minister Boris Johnson and his cabinet are meeting for the 1st time this morning with a host of new faces around the table johnson has put brags that hardliners in top posts and cast opponents aside later hes due to address the house of commons and present his plan. Take britain out of the European Union by october 31st no matter what. Thank you person is new Prime Minister is walking into a bridge that mess partially of his own making on his 1st day at downing street Boris Johnson promised he could fix this. The d
Did you know it costs 0. 50 to feed hungry child for one full day do you want. To. Go door. To share the meal you can share with children with just the saucepan to tap on your smartphone together. Please dont move the. Its a 1st rate card since 2016 turkish president rich uptight and one wanted a rate cut and he got it the new Turkish Central Bank chief cut Interest Rates a whopping 4. 00 percentage points. Also coming up youve got the social media tax was supposed to increase revenue instead its weighing on business and comes down investment we go live to come for more. Welcome to the business africa i want to get good to have you with us a big change in turkey where the central bank reduce the Interest Rates by 4. 25 points today investors and analysts have been watching with keen interest because just over 2 weeks ago turkish president wretched type add one fired the central bank chief because he had refused to follow his demands for lower rates and some say at one house a point to
A tree not for the sound of biodiversity Tourism Community Development Food and water. The United Nations Development Program is listening and working with communities to protect forests for the future we want if youre hearing what were hearing find out more. Its a 1st rate cut since 2016 turkish president. Wanted a rate cut and he got it then you took your central bank chief cut Interest Rates a whopping 4. 00 percentage points. Also coming up uganda social media tax was supposed to increase revenues instead its weighing on businesses and cuts down investments we go live to come home or. Welcome to business africa want to. Good to have you with us a big change in turkey where the central bank reduce the Interest Rates by 4. 25 points today investors and analysts have been watching with keen interest because just over 2 weeks ago turkish president wretch of type add one fired the central bank chief because he had refused to follow his demands for lower rates some say at a one has a poi
A poor harvest. And one in rome where cycle as the romans do the city is testing out a new ecology bonus for train commuters. This is the business im joined on in berlin welcome we begin in the tech world where 2 of its biggest names have presented their figures for the quarter that ended in june alphabet of the company that owns tech giant google reported quarterly profits tripling to 9900000000. 00 the figures beat most analysts expectations and came from higher advertising spend on searches and on youtube. Amazon 2nd quarter profits were up 3. 6 percent to 2600000000. 00 amazon sales jumped by 20 percent as customers flock to its one day delivery. Our markets correspondent was san luis joins us now from was st louis so 2 attack heavyweights 2 closely watched Quarterly Results what stood out to you. A couple of things that you know its a case that not only did company b. Done revenue on their names for sure but have even lowered costs that leads to where a spect in these represents t
Legislation,extra extradition legislation saying it is dead. Deutsche bank shares slumped over 5 as danske bank flashes its profit forecast for the year. Manus welcome to daybreak europe. Time for a little defense. S p, lower. It is blackrock who leads the charge this morning, cutting their equity risk, changing cash balances. Go moderately defensive, the difference between blackrock and blackrocknley is likes u. S. Equities. They still want to be overweight u. S. Equities, so that is something to bear in mind. How much more bang for your fed back will you get . We will put that to the guest host this morning. Lets look at consequences of over ambition. Capital. Apple. The michigan what happened during the session, a downgrade coming through. Fundamental deterioration they are saying. They are worried about the iphone and in terms of analyst, they havent been this negative on apples 2004. Ratings on the stock, the most since 1997. The market is pricing in 87 basis points of a cut. Thre