It is not only a big conservative majority giving a lift to u. K. Stocks, the pound is gaining, but this phase one, or at least something that feels like a phase one [indiscernible] we will not see extra tariffs on sunday. It is going to be a risk on mood to markets overall. I am delighted to be joined by a conservative party spokesman. What a win for Boris Johnson. What are the markets looking at . What will you deliver, as the tory party, that the market likes so much . What we will deliver is a degree of certainty. Weve got a working majority, and that means we can deliver a withdrawal from the European Union on the timescale that we set out, and we can get on with thrashing out a trade deal with the eu and investing in an infrastructure that will help continue the growth in the u. K. Economy. Francine if a Withdrawal Agreement goes through, do you have any idea when that could be . We will certainly start the process before christmas, and we will do so in a way that we can get thro
Room to run. As a result, youve also seen pressure on treasury yields. Take a look at see what is happening with the treasury market some pressure on treasury prices the 10year sitting almost at 1. 891 yields, we watch them kind of skyrocket last friday after that jobs report was stronger than expected they came back down after they made it sound like the fed will not be moving anytime soon with this additional news making this happen. Going with every trade nuance up or down goes down, if it looks like the yields go down, if it looks like there is not a deal. We recover globally from the trade war. The two things of the fed and the economy. If the fed is on hold, the rates dont go up. If the economy are off to the races again. It is a thankless job people at home they see the screen from far away they zoom in, and take it for granted. They think we are just changing the appiture there is a guy. Hes running. He went running by, which startled me for a second, it was worth it, kyle you
Business of your business. In berlin welcome germany is famous for manufacturing the best for cision Machine Tools in the world Mechanical Engineering is one of the backbones of the countrys economy no other sector employs as many workers not even the car industry but trade wars bags and the darkening outlook for the World Economy have hit the sector hard the lobby group of germanys machine makers has now presented latest figures for factory orders and its not looking good the sector has already lowered predictions twice for this year. The slowdowns already left its mark year Engineering Company shipped in cologne has seen orders slump by 20 percent this year the company had to introduce a short time work in may managing director carl martin vertica hopes that will see the company through the worst the whole sector is affected. In many regions like barton vert and back Engineering Companies and especially our customers as well are having to resort to a short term working and in some ca
About the issues of fighting in some of these regions which makes a the efforts difficult and the issue of lack of local trust in some cases. Sunny green with you might be alone may not be an ass but definitely makes a huge difference for example world vision has been occurring out of Community Since the search for missing. Meets and. Teaching the people on how the disease is spread and how it can be stopped how it can be prevented from for them to. Prevent themselves from further infection but because we dont have sufficient resources to actually. Broaden that message submission we have been constrained so having those resources would be a huge relief to did to disseminate the information the trust from the local communities because they actually do not ignore how the disease is spread and how it can be prevented as long as we give them the right mr g. And that messaging is given by people they know the trust they were due to be trust within their communities and that whereas resource
Seem to have agreed on is a big Decisive Action on ending the somewhat slave trade in refugees and migrants and the french president mccrone had something to say lets just listen to that first a month in micro how does this to say. This is Human Trafficking carried out by africans against africans and the situation must stop what the African Union the European Union and the United Nations have decided this evening is to act decisively first and foremost with extreme urgency to evacuate from libya all those who can and want to be evacuated and help them to return to their country of origin. We will stand in solidarity with others in this Emergency Operation which will be conducted in the coming days and weeks. So pleasure and mccraw to act decisively but what they actually want to do about this what any details discuss. Well this is the initiative of him as you mentioned him out here in my call so we have to be clear here this is nothing between the European Union and the African Union