brendan: the chinese government seems to be in full panic trying to throw things at this to see what they can fix. tom: we mentioned barclays news. jenkins is out at barclays. here is vonnie quinn. vonnie: another round of government support measures the benchmark shanghai composite index is down more than 30% since june 12 through investors have suffered more than $3 trillion loss on paper. the chinese government has taken steps to prop up more cap stocks. at one point participants were locked out of 71% of the market. foreign investors continue to sell holdings at a record pace. european leaders have given greece a new deadline. expect a rescue plan by sunday or face being kicked out of the euro. the greek government is told to come up with new proposals. angela merkel says she is not optimistic. this morning at the european parliament, the greek prime minister promised to deliver. prime minister singh tsipras: i am confident in the few days we are able to meet the obligati
minutes time. they are ups the ante in its deal to bayer ups the ante in its deal to monsanto. we are less than a half-hour away from the european equity market open. let s take you to the bloomberg and show you what is happening. i am going to give you a clue, the w ei function, the fair value cut relation, looks like we are going to see a positive start. european markets are softer. u.s. markets are slimmer. bonds were down as well yesterday. let s take a look at the big moves we so this morning. canada, new zealand, swissie, all seeing moves come through. the u.s. move yesterday really catching everybody s attention. japan back in focus. let s get to bloomberg first word news with david ingles. david: thanks guy good lesson about president thanks guy. let s talk about president obama. trump scized donald affection toward vladimir putin. as he spoke at a campaign rally for hillary clinton in philadelphia. eight weeks from election day, democrats are feeling queasy abo
the nine it states is trending 3.00%. in november? is that a live possibility? francine: in the u.k., that is unlikely. the debate is why would you not wait for the fed first? tom: i barely got any sleep so i am a dead possibility today. there is so much anticipation from tom keene about what mark carney will say. let s get to the bloomberg first word news. good morning. it is super tuesday for the bank of england. the minutes of its monetary policy meeting will be released. governor carney will release his final quarterly inflation report of the year. the possibility that upon caused the crash of the russian airliner is putting a new focus on airline security in egypt. there was a security breach in may in the airport with a flight started. government forces are fighting itants linked to you linked to the islamic state and the region. in russia, the first of the crash victims is laid to rest today. all 224 people on board were killed. survivors trapped in the rubble of a cl
five years. our road map begins with the sell-off in the markets. renewed concerns about the economy. just out, abercrombie and fitch ceo stepping down. a controversial figure on cramer s wall of shame. stock s up 8%. verizon with a warning, a surge in new subscribers, but promotions and price cuts are going to hurt profits. first up, stocks on track to extend losses the day after the s&p recorded its worst day since october. got weakness in the energy sector. got worries about the fed changing language. on december 16 and 17th. something you were tweeting about at 4:00 this morning. right. one of the things you have to accept is when we are doing better than everybody else, it s ridiculous for the fed to stick by the considerable time. a lot of time has passed. considerable time, there is a finite moment. if you keep saying considerable time, you are getting closer to that moment and we re there. i don t even think necessarily that is what s causing this. china was just a
expected to blame north korea and make some of that evidence public. george clooney tried to get the head of other major studios to sign a petition in support of sony. all refused, clooney said because they were afraid of the hackers. another tragedy from australia. eight children have been murdered. australia s prime minister calls it heartbreaking. a panel of experts says the secret service needs new leadership. an independent review says they just need better training. stephen colbert signing off from the colbert report. i guess i ll be gone forever. we ll always be there for the american people. yeah, but aren t you canadian? arson is to blame for the massive fire in l.a. last week. investigators would like your help identifying two men seen near the fire. boston marathon bombing suspect dzhokhar tsarnaev. was in federal court for the first time since almost a year and a half ago. all that jacksonville is going to take it. marks gets the sack