The markets are clearly telling us that the markets are not pricing in the worstcase scenario when it comes to iran, or at least Portfolio Managers not. Stoxx europe 600 gaining some 0. 6 . On bloomberg surveillance, we will be speaking to the president of euler hermes, Wilfried Verstraete. That discussion is up very shortly. Lets get straight to the blumberg first word news. In new york city, heres Viviana Hurtado. We begin with the first stage of the u. S. China trade deal, set to be signed next week. China says its top negotiator is visiting washington, d. C. It is the latest move towards a detente. Contradictory reports this morning are emerging about what caused the ukrainian boeing 737 to crash and iran. Initially blaming a technical issue, then an engine fire. Ukrainian embassy running out terrorism, but then it amended its statement to offer no comment on the cause. All those aboard the plane were killed in the crash. Hong kong preparing a bold plan to boost its economy, accord
Protection. Using channels available to inspire people to take action and ways of turning to gain something here for the next generation globally as the environment series of global 3000 on t. W. And online. For the 1st time zimbabwe publishes inflation figures but there is some skepticism critics say the figures are skewed and too optimistic because the government looks at the wrong kind of data and has a habit of painting a rosy picture. Also coming out of you tube turns 15 well look at how a website designed to share personal videos is turbocharging africas pop music scene. Germany must clear the way for immigrants. Join a labor market much in need of workers. Business business africa your place in Africa Global Business News as well. Zimbabwe struggles with high inflation the country has been in a severe economic crisis for years but its mainly due to mismanagement of the long time president Robert Mugabe who was overthrown in 2017 since then the new government is trying to improve
Working on genetically modified plants to help soak up greenhouse down. There is right now a rebellion in latin america against inequality austerity and the politics of more of the same its not dissimilar to uprisings elsewhere springing from what looked like the most innocuous of changes think about chile and we looked at it a few weeks ago in fact with the rise of train fares led to street protests which then morphed into calls for an end to neo liberalism the idea of leaving everything to the markets and then there were the countries who went looking for help in argentina a sitting president was voted out of power in a protest over all sterile measures imposed by the International Monetary fund it was a condition of a 50 7000000000. 00 bailout and in ecuador it was the i. M. F. Sinful which forced the president and cabinet to escape the capital quito ecuador is a fascinating case it requested a 4200000000. 00 loan from the i. M. F. And a condition of that was to cut the budget defic
Hello im come on santa maria this is counting the cost on aljazeera your weekly look at the world of business and economics this week ecuador it took a multi 1000000000. 00 loan from the i. M. F. But while the corporations got tax forgiveness the poor got austerity and i wonder ecuador same 2 months protests look at how the government of lending more i know seemingly got it so wrong also this week shinzo are buying now the longest serving Prime Minister japans ever seen and that is quite your chief mint look at the Economic Policy that bears his name and whether its enabled japan to recover from its lost decade and in the fight against Climate Change we meet the scientists in california working on genetically modified plants to help soak up greenhouse down. There is right now a rebellion in latin america against inequality austerity and the politics of more of the same its not dissimilar to uprisings elsewhere springing from what looked like the most innocuous of changes think about sh
Pacific waters of pullout are becoming a beacon of hope. And timely harding with sport saudi arabia. Football champions and while there defends his heavyweight boxing title with yet another devastating knockout to win his rematch with. Us. And we begin this hour in hong kong where polls have just closed in local elections the turnout has been the highest in the citys history more than 2800000 people thats nearly 70 percent of registered voters cast their ballots now more than 1000. 00 candidates are running for 452. 00 District Council seats of recorder of the councils are also part of a Large Committee that votes for hong kongs chief executive now this is the 1st election since the antigovernment protests began in june and is seen as a political tests for kerry lands government. In a moment well go live to rob a broad in hong kong 1st though hes got with this report. In a hong kong neighborhood hardest hit by battles between protesters and Police Voters in manchaca cast last minute ba