Despite the Global Economic slowdown, the fed moves ahead with ending qe. We are joined by the head of investor services. Us. K you for joining keep smiling. A more hawkish fed . It was a more hawkish fed than we imagined. I think i would welcome the more hawkish tone. U. S. E optimistic on the recovery side of labor markets. I think it was a welcome statement for us. On the inflation side, what does it tell us . Inflation is running pretty low. Fed thinksell us the this is just a temporary move in oil prices . What can we say . Typically, the next central Something Like, you have to try and see through the first round of Oil Price Declines or commodity price declines. It probably takes place within a twoyear horizon. You cant do much about it. We can interpret that the fed is doing what it should any textbook. Looking for some of the longerterm Inflation Expectations, which are not as bad as the shortterm ones. Would you have expected the fed to a knowledge volatility in markets in th
Hello. Welcome to todays worldwide exchange. Im ross westgate. And im kelly evans. These are your headlines from around the world. Investors cheer barclays strategic overhaul, the bank is cutting 3,700 jobs, trimming weakness. Inching towards global currency wars, the warning from the world bank will urge economies to stick to a market base Exchange Rate system. And another day, another bank. And were just hours away from president obamas state of the Union Address. Hes expected to call on more tax hikes and fewer spending cuts. Announcer youre watching worldwide exchange, bringing you bes news from around the world. Welcome to todays program. It is tuesday. Yeah. And loreal is talking about the strong euro in france. Right into trading down double digits this morning. Another story in italy, it seems like the entire world press core at this point will be desending on trade. Yes, they will, with the pope and the italian elections. I think it was Something Like 10,000 journalists for th
European headquarters in london. Ballmers big up, regret. What he wished he had done differently at the company. I do not know whether we were too busy or we only know the tools of the first two tricks. You will be hearing more from mr. Ballmer later this hour. Now, lets get to our top story. We begin with the continuing standoff in the ukraine. A war of words from the International Community as president putin maintains the legitimacy of his actions in crimea. Top diplomats from russia and the u. S. Are set to meet. Ryan chilcote is following the story from kiev. Bring us up to speed. We are dealing with diplomacy rather than boots on the ground. A tense standoff here in ukraine. While diplomacy kicks off, the Russian Foreign minister is going to meet with the u. S. Secretary of state on neutral ground in paris. President obama did speak a few days ago to president couldnt for 90 minutes. Clearly, not much came of that conversation. We separately heard from both president s talking to
About it. Just to confirm those breaking numbers, in the fourth quarter, first in the number es in at 26 point 03 26. 03 . That is a serious level of unemployment to deal with. Staying above 25 , that is the challenge. I am keeping an eye on the Swiss Company logitech. This is the maker of mice but they also a large portion of their business is in tablet accessories, music accessories and speakers. Upgrading their overall view in terms of guidance and sales. 2. 1 billion and their Third Quarter numbers actually be. Beat when that opens, we will get to it. Caroline, lets talk about easyjet. The business travelers are certainly being wooed. Because 20 of their tickets are business travelers. People want the fasttrack. Stock down more than 2 . Sales missed. They grew seven percent but there was tough competition. You have ryanair and Norwegian Air shuttles trying to cut prices and also the comparison is tough. The olympics are luring people into london at the end of 2012. There were 60 Fl
We take a ride with an Armored Truck Company that provides protection to the legal pot u. S. Industry. First, lets get back to geopolitics. A russian convoy is on its way to ukraine. An vehicle is part of International Humanitarian effort, not a military mission. What is the story . We have 280 trucks from moscow to the city of the house in the southeast of ukraine that has been without electricity and water for 10 days. 10,000 kilometer journey. Theyouve got the issue of russianukrainian border. The aid convoy is supposed to be a part of an International Military and aid effort that will be run by International Humanitarian aid effort that there arey still some practical details that need to be worked out. Concern in the European Union, in the united ev that and in ki russia is using this convoy or what this condo does was a gets ato ukraine as a compress pretext. Moscow says this is all about helping people. Market positive or a serious market negative. Of all that,st Ukrainian Parli