the youth unemployment rate is closer to 30 percent businesses aren t able to hire . saturn i gave the employees a handful of people in her small business selling water purifiers but she s struggling to stay liquid. their upper left corner value with national currency drops it doesn t just affect business it affects the standard of living and the way of life. people have to change their priorities. iranian businesses had hoped for some relief through the instax mechanism created earlier this year as a channel for e.u. companies to bypass the u.s. sanctions and trade with iran but so far that s fails to deliver the budget and it has not met iranian expectations some newspapers say it was much ado about nothing and he s ineffectual european actions have been a total disappointment not just for the government but for the country as
the moment is again on the right track investors are giving greece quite some credit for very radical austerity policies that are set to continue until twenty sixty many cats we have to remember that have been extremely unpopular inside of the country also greece now can borrow money again from the financial world but they have to pay higher interest rates compared to other countries for example germany but there are still lots of things where greece is struggling unemployment rate is still very high with twenty per cent the youth unemployment rate even higher and yes the other issue is their big debt all right. in frankfurt thank you so much. and here s a reminder of the top stories we re following for you. dozens of the elderly south koreans chosen by lottery have been a real night hit with their family members in north korea the reunions were arranged by the two koreas leaders at the historic summit in april cost of a recent fall in relations. president us deploy troops to
there were saying about the end of the bailout program. we can clearly say then that investors have changed their mind about greece at first they were very skeptical now they are actually giving credit to the greece government that there drastic austerity policies paid off we have to remember that the greek government established some very unpopular reforms inside of the country the pension system we just heard it was completely reform lots of costs were also cut in the civil service machinery but when you take a look at the latest g.d.p. figures they are actually quite good of class of two point three percent but still big problems remain the higher number of unemployment is a big problem twenty percent are without jobs the youth unemployment rate is even higher and certainly there is this question if those two hundred sixty billions of euros which were given as a loan will be ever paid back. daniel cope with that we ll have more business news for you in a short while fusses over to a
campaign circuit telling people abortion helps stimulate the economy. it is not a disconnected fact that american women entering the labor bored add $3.5 trillion to our economy. that is not disconnected from the fact that roe became the law of the land in january of 1973. jesse: think what you want about abortion. but stimulating the economy is a tortured justification. there was some good news to report. the senate confirmed two more appellate court judges, bringing the total to 26 sworn in under president trump. the highest number in a president s first term in office ever. the youth unemployment rate is the lowist has been in 52 years.
that s where he went with that. the youth unemployment rate is fascinating. those between the ages of 16 and 24 years old in this country actively looking for work this summer, 9.2% were unemployed. the lowest mid-summer joblessness rate for our youth dating back to july 1966. remember when we started the fox business network 10 years ago. it was all this talk about millennials are not going to work. this is a whole new generation of people that aren t used to working the way we did. that s not true. you give people people are people. no matter what generation they re in or where they re from. if you give them the opportunities and you give them the initiative that they need, they will take it and run with it. that s what s happening. bill: you think they re really close on a china tariff deal? i hope so. again as larry kudlow said yesterday china is hurting big time. their stock market is down almost 20%. their investment is way down.