Got to come away with something hes got a very very narrow majority in the countrys parliament he doesnt control the senate so certainly he will want to return to islamabad with something tangible out of his meeting with President Trump to be able to shore up the position of his government like in washington thank you. Im still ahead on the program set for an unprecedented majority in ukraines president followed him as a lengthy snap election gamble pays off. On burning anger in the philippines thousands protest against president bush rico to take his state of the union address. So we got a really ramping up across western parts of europe at the moment might see want to see records broken over the next couple of days the air being pushed in from the south quite a bit of cloud here just tumbling across scotland down into the north sea running across scandinavia pushing down into the low countries and that will make its way further east with will be some showers and thunder pools certain
U. S. Dollars in aid to europes industrialized countries exceptional growth followed and the 30 years after the war were good so good that they were known as the economic miracle in germany and the glorious 30 and France Business was brisk industry was in full swing and the growth of consumption was spectacular. The political news you didnt go has basically put it to the. Im suited for humanly move to a bill to slug seal b. And cause so much. If we wanted our or figure by your film end of august to show it would be philomena in bungay else you did was it i wanted but he was i was phenomenal cause its all in there on time the b. B. Was an image will be 50 miles in iraq good will be buried. In croissants. By the end of the postwar boom in the early 1970 s. Government debt in europe was a great cordless thanks to growth and inflation but the economic machine would soon be upset by 2 major events. Good evening on august 15th 1971 Richard Nixon the president of the United States his coffers
Look stuff up reasons that the us yes could put a limited susan. Used to deficit because well it is the. Governor contrails. Single you not only that you die its essentially a belief area nor sunita nor so i want to go mia. You open it up to predict which of. You is a disappointment the austerity programs were poorly implemented and poorly explained people came to resent you would start to look like an uncompassionate taskmaster all over the continent there was increasing support for nationalist parties anti finance and euro skeptic parties were gaining ground in melbourne if you have been willing to bear on a fair offer for all be happy back to that event you are gone and liberate europe from the monster of brussels nuno and connect we should. We can see reaction to the liberalization of fright finance just as we saw it in the 1920 s. And its going to be ugly it will ready is ugly its ugly in greece its ugly in france its ugly you know in many parts of the world where people are sayin
Tensions rise even further in the gulf. Iranian forces seize an oil tanker. Shery lets get you started with a quick check on how markets closed on thursdays session in the u. S. Equity indices mostly lower for most of the session before they saw a rebound after the dovish comments coming out of fed officials. , being led up. 4 higher by financials and consumer stocks, not to mention the fact that chipmakers gained ground. We had a positive outlook from an apple supplier. We had some geopolitical news being felt across the market. We had u. S. Equities gain a little bit of ground after we heard the report that iran offered is attentive deal a so antative deal to the u. S. Substantive deal to the u. S. Are paring back earlier gains at the moment unchanged. Lets see how we are setting up for the asian market. With that being said, is just off look set to track the event we saw on wall street. Kospi may find support after a twoday drop. Calls for fiscal stimulus from the government after t
Looking at the stoxx 600 gaining 0. 6 . The treasuries are pretty much unchanged. A lot of the focus is on renminbi. We are trying to figure out if it touches a seven. Touches a seven. Seven. Hes and what that means for trade talks. With our life in japan ahead of the g20 finance ministers meeting. The australian treasury minister joins us this hour. And tonight, the latest episode of leaders with lacqua airs. Make sure you catch that interview. But first, lets get straight to bloomberg first word news in new york city. A solid outlook for the u. S. Economy, but risks are mounting. That is according to the new york fred president a fed president fed president. Williams reinforces the flexibility and openness of the fed, echoing remarks from the vicechairman earlier in the week. We are getting a lot of mixed signals from Financial Markets, businesst investment is weakening. Us is justortant for to keep an open mind, keep being data dependent. Ecb president mario draghi is heartening his