Controlled by the benetton valley is looking to sell a stake in its company. Then we talk brexit with the former lord mayor of london. Then in an hour, we bring you a conversation on Monetary Policy with the bundesbank board member andreas dombret. Lets check on the data because we have quite a lot going on. This is the picture overall. On the back of what the china gdp brought to the forefront. It is a touch of caution when you look at the Financial Markets. As chinas Economic Data was in line with expectations but at the same time provided few positives for investors. Crude at 50 79 and crude281 at 50. 79. This is monetary conditions. Anything above 100 indicates expansion. This is also an economy that has been widely controlled by the government. You can see that since 2011 we have seen that bump in the beginning of last year and then it is teetering o petering off a touch. Starting on china, Economic Growth remained stable in the thir quarter. Gdp rose 6 from a year earlier. That a
Gdp globally. Tom which is a big deal. It is a general rule that 3 is global recession. Percent. E than. 1. 1 . Is there a lot going on today . Francine theres a lot going on. We will speak to Catherine Mann. Theyre managing the debt. Conditions they see in advanced economies. Tom Deutsche Bank has been on top of this. A shift toward financial instability for next year. Francine we have ocd oecd. Terrorism charges have been filed against the man accused of setting off bombs in new york and new jersey. A complaint says that rahami planned the attack for months. Prosecutors say he praised Osama Bin Laden and hoped the bombs would be heard in the streets and he was captured in a shootout with police. British lawmakers two defeat islamic state. Parliaments Defense Committee says the u. K. And its allies need a grand strategy to defeat the extremists. The effect the panel supports the strategy of air power and political progress. The white house is charging russian warplanes attacked convoy
It did drop from a nineyear high. That is the perspective that we have on that housing data. ,ome sales, the smaller portion the larger portion. All three averages were already trading lower, pulled down by Deutsche Bank and some of the other banks coming out of european trading. Youre going to get more detail from mark in a moment. The twoyear yield, we have been watching that as well in the wake of this report. It looks like it is Holding Steady down a basis point, 07. Oint 0. 74 the dollar showing some weakness although bouncing off the lows of the session, down 2 10 of 1 . Oil continues to be one to watch particularly this week. That meeting analogy years we have been talking so much about in recent days. About whether there is going to be a more formal meeting of opec members. Have beenia expressing willingness to cut its production or at least to have some sort of production target. It seems is contingent on irans willingness to do so. Oil has been rebounding on new hope surround
The threat of brief tornado certainly is not zero. That is why we are in the enhanced risk area, midday in early afternoon hours. Round one, then possibly damaging winds bite evening. But the threat for damaging winds is the highest. Flooding is not a big issue, but there could be hail as well. Gusts up to 40 miles per hour. Tomorrow. We will be here with you through the day to get you through it. We will have all of the details, much more on the storm, coming up in just a bit. Steve . Steve another big story that has people weighing in from capitol hill to north carolinas capital city. President obamas plan to shut down the terrorist prison at Guantanamo Bay. Tisha today he has plans for he has been under fire for it all day. Jon camp has been digging into the proposal. He joins us with the story. Jon . Jon as we know, this is something the president promise to do due on the campaign trail, something he is still trying to do seven years later and he is getting more pushback on it toda
Stepped up by the thousands since those attacks in november at the main tourist sites and sensitive targets like jewish facilities, jewish schools, jewish museums you will see the army out in the street so even if youre a tourist and having fun and taking pictures lurking in the background there is a heightened security presence that does remind you that this is these are countries, this is a continent that is still reeling from those nova tacks and is still very muchen edge. You know, as we speak there is a manhunt for a suspect linked to that terrorist attack. Can you tell us a little about that and about just kind of what the sense is of where things stand with that manhunt investigation . Reporter right, so everyone has been trumpeting the arrest of Salah Abdeslam who was captured on friday but there is a very important suspect who is still out there. He was just named yesterday by the belgian authorities. His name is najim laachraoui. He was going by a pseudonym. He is 24 years ol