South korean authorities formally charge the heir of samsung, jay lee, with bribery and embezzlement in the Corruption Scandal that has rocked the countrys political establishment. Were minuting away from speaking to the co of apple supplier after Warren Buffett tells cnbc he has doubled his holding in the u. S. Tech jintd. Good morning, everybody. Good morning. Good morning. Pancake day. It is pancake day. Were very excited. We have a crepe interview in about 45 minutes time. Were a global channel, well still celebrate. Any excuse for a pancake. European equity markets flat as a cpancake this morning. These are flat markets, and buy in large we may be waiting on this state of the Union Address to come from President Trump later today to a joint session of congress. More on his plans to cut taxes, deregulation, infrastructure, possibly also defense spending hikes, he could be talking about that. The issue is whether or not he underwhelms in terms of Market Expectations and whether ther
Being found. The u. N. Security council is poisessed to vote on what the u. S. Says would be the strongest set of sanctions imposed on a country in more than two decades. Five draft resolution seeks to limit banking and cargo supplies the white house says the draft follows extensive conversations between the u. S. And china. At the u. N. , she joins us now, so what is new with this resolution . Well, according to the u. S. Am bass tor this is the most far reaching strictest sanctions resolution that the United States has put forward in more than two decades. It is much broader in scope than past sanctions resolutions and there have been four to date from the u. N. Security council. This one really attempts to target pressure pointed in economy, and stop stop north korea from getting the finances the know how and the materials it needs to advance its Nuclear Weapons program. Specially it calls for all cargo come manager and out of the country to be inspected. Mandatory option ins that s
People confirmed dead after cyclone winds of more man 300 kilometres per hour hit fiji russia and the u. S. Reached an agreement on a cessation of hostility in syria. They have set saturday as a date fighting should stop. For it to work. Both sides need to sign up to the agreement. Deadtar james bays has more. Reporter for all the five years, the death toll mounted. Every day there has been atrocities. Now the latest, a document released by the u. S. And russia. They have been working on plans for a lull in the violence meeting in munich this month. Russian foreign minister Sergey Lavrov wanted a ceasefire from the 1s. Secretary of state john kerry wanted to challenge the situation on the ground. Since that meeting there has been delay. In the end russia got its way. The deal done by the u. S. And russia calls on all the warring syrian parties, with the exception of i. S. I. L. And the al nusra front, both on the Security Councils terrorism list, to commit to a cessation of host its by
Bad loan charges mount. The biggest conference kicks off in barcelona and we will be speaking to the ceo of ford from the world congress. Dominating boris out in the story now making his mark last night. I guess that does make it harder for those who want to keep the u. K. In David Cameron. How is that in berlin . Hans they are waking up to the story now and in some of the papers they had british polling on what the likelihood of the brexit would be. Most of the conversation still dominate this refugee story but very much on the brexit in the financial press. Will chat all about this throughout the show. Let me take you to the bloomberg function and show me what you think and show you what we think is the fair value. This is the line to focus on here. It looks like we will get a positive open for european equities after a solid week last week, one of the best you see for european equities for quite some time but you have to remember that there were some negative views before that. Hans
Thats why the first major concession is a source of great concern and leaves iran with a vast Nuclear Infrastructure and relies on inspectors to prevent a breakup. That concession creates a real danger that iran could get to the bomb by violating the deal. Cory in the past, netanyahu has threatened israeli airstrikes. The state Department Says Hillary Clinton used a personal email account while serving as u. S. Secretary of state to conduct official business rather than a government account. The state department be and reaching out to former secretary of states discovered clintons proclivity toward personal email. 300 emails were turned over to a congressional email Congressional Committee investigating benghazi. Clinton says there was nothing improper about the use of personal email and all official records were preserved. More video has been released of the lapd fatally shooting a homeless man on skid row this week. The los angeles place chief says it shows the man reaching toward th