Human tragedy there likely will be significant economic disruption and it is the policy makers ability to respond complicated by this world were living in with high inflation. In the past with conflict between israel and gaza are the central bank is often lowered Interest Rates but they havent been able to do that at they havent been able to do that at the moment because inflation is high so they have instead been focused on supporting their currency. Not beyond that there are broader global obligations i think the real concern is that the conflict missing now could escalate into stack to include iran which many have been reporting has been providing support and sympathy for the attacks. If iran gets dragged into a race this could have much more serious impacts on the Global Markets and pushed oil prices up even higher. Yes. The Global Markets and pushed oil prices up even higher. Prices up even higher. Yes, it is that contagion prices up even higher. Yes, it is that Contagion Effect p
We speak with the spokesperson for the Israeli Defense force. Its monday. Good morning, kay. Fighting between hamas and Israel Forces continues outside gaza this morning. Israel says they thought they would be in a better place. Lighting up the night sky, israel launches. Over 400 palestinians have been killed so far. Sky news reports from the heart of israeli destruction with up to 700 killed in hamas attacks and 260 bodies recovered from Music Festival. Hostage reports. Those missing from israel and feared captured by fighters. Thanks. Breakfast morning, sky news. The chancellors hopes for plans. I asked her if it was appropriate for them to appear with a palestinian diplomat after he said the masked terrorists were coming israels way. I dont know what the schedule is. I havent heard those remarks, but they are totally unacceptable. Metro bank secures a deal to shore up its finances, refinancing several Million Pounds of debt. Walkout. Cleaners, Security Guards, and support staff at
Out more with me very soon and youll find out what the former home secretary, Suella Braverman, has to say on all of this, as she calls for changes at the top of the metropolitan police. 8 00 well be speaking to her live at and on what would have been her 98th birthday. The community of rutland have unveiled a new statue of the late Queen Elizabeth the second. Heres the queen, she was great, she was brilliant, and we miss her. And in this sport, Manchester United dodged a bullet in the semi final of the fa cup by beating coventry on penalties after being three nil up with 15 minutes to play. Nottingham forest are throwing accusations all over the place after being denied three penalties against everton and the 23 chinese swimmers involved in a doping scandal. Its been a cloudier start for many of us this morning, but there is some sunshine on the way this afternoon. Join me later for the full forecast with all the details. Now the metropolitan police antisemitism ride continues and we
Welcome to Bloomberg Markets the european open. Im matt miller. Cash trade is less than 30 minutes away. Trump trades antagonism for bipartisan appeal in his first state of the union address, but his opponents find little reason to warm to his vision. What does this mean for his big Spending Plans . And under pressure. Pushing down on may. The u. K. Prime minister tells rebels back home she is not a quitter as she tries to drum up trade in china. Plus, brazil keeps giving for banco santander. Our interview with the chairman in less than an hour. We are less than 30 minutes away from the european open. Take a look first off, at the futures. Drop in u. S. Stocks, we saw a recovery in asian stocks and it looks like this could be the end of the global drought. We do see the ftse futures down, although only just fractionally and use the gains in dax c futures and cac futures. Not quite as tech heavy as the u. S. Stocks got hit the hardest. Lets look at the gmm this morning. As far as the bi
A decision on the future of arsenal manager Arsene Wenger wont be made until the end of the season, the bbc understands. Good morning. Welcome to bbc newsroom live. President trumps most senior diplomat, the Secretary Of State, Rex Tillerson, is making his debut on the International Stage. Hes attending a meeting of Foreign Ministers from the 620 countries in germany. He will have talks with the foreign secretary, Boris Johnson, among others. State Department Officials say mr tillerson wants to listen, and to offer reassurances about president trumps approach to international affairs. David willis reports. Americas Secretary Of State has a lot on his plate. Rex tillersons top priority will be reassuring nervous allies that the government he is part of is not in fact descending into chaos. Given the evidence that exists to the contrary, however, it might prove a difficult message to sell. Not yet four weeks into his term in office, mr trump has had his travel ban blocked, his National S