Kamala harris wants to do, she things that instead of deporting illegal aliens we should be giving them amnesty, does that sound like a good idea . Kamala Harris Things instead of unleashing Pennsylvania Energy workers had, we ought to buy energy from iran and every dictator around the world, is that a good idea . And it Kamala Harris and things instead of unleashing an arrogant energy and american creativity and american business, we ought to Taxi Guys more designed to your money to Communist China to buy electric vehicles, is that a good idea . No is it a good idea to give Kamala Harris a promotion . It no it we what don shop loves to do, purified Kamala Harris, you are done [ applause ] now the president and she just called me, i was sitting to back their backstage and he called me and said you know, the crazy thing is that Kamala Harris is pretending she agrees with us On Everything. And if you look at her campaign the past week and a half, she pretends that she agrees with the Don
A very good morning for you both. Virus continuing to strengthen. Why no cure . We will be talking about where there are positive moves to be made. We expect litigation costs to fall. Number should occur. We are going to focus on it in just a moment. Now isu need to k portugals central bank has taken control. Israel has announced the seven hour ceasefire with gaza. This follows yesterday which included chilling of the United Nations shelter. The ceasefire would occur from 10 00 until 5 00. Portugals central bank has taken over. Amounting tos 5 billion euros. It is still a costly venture for the country. Essentiallyit works. The Portuguese Central Bank is taking control. This was financed by its biggest bank. Then when they are ready they the juniort. Bondholders have those parts. It is an empire a compass thing encompassing so many things. Positive is that it has been sorted out, recapitalized. What that says is this is an example of menu efficiency with which of the new efficiency wit
We are here in london. I am guy johnson. What do we have coming up . Ready for recovery . Legal woes may be a thing of the past for hsbc. The bank reports results in about 15 minutes. We will bring you those numbers as we get them. Ppi could still be a big problem. We are going to talk about that. We are taking you to our top story. Portugal is taking control of boko a spirit of center Banco Espirito santo. Mark is here with the details. A lot of money. How is it being spent . It is being spent by the bank of portugal, the central bank. Up Resolution Fund was set in 2012, financed by the countrys 84 banks. They will take over the bank as a whole. Suspended shares on friday. It will move most of the assets and put it into this new bank, baank , which is new bank. It will use the proceeds when it sells the bank to pay off the treasury. So the Resolution Fund to the bank. Exactly. Within the central bank. That is what has bailed out Banco Espirito santo. Luckily, portugal still has 6 bill
Youve got equity markets rising. The dax down by 0. 3 . Lets check in and see who is driving. Citigroup down by a third. It is almost as if the equity markets want more focus on the giving side of the testimony from janet yellen. Versus not being concerned about bubbles, versus the fed reserve being concerned about technology stocks. China gdp coming in higher than the market had estimated. There is very little to drive the market higher. The conclusion comes down to this, the china data is being trumped by the Federal Reserve both in terms of Janet Yellens delivery and in terms of what the Federal Reserve report actually says about where we are with overvaluation. That is going to play into the market. Ryan and caroline both mentioned a couple stocks on the open. Lets see if we can get any valuations on asml. We will take you through the details of what extreme ultraviolet delivery in terms of machines. , you are seeing a total income rise of 16 . They are validating the purchase of b
Good morning, everybody. You are watching the pulse. We are in london. Iming guy johnson. We are goingg ciao to tell you why italys leading car manufacturer is leaving mama. And talking of cars. Pimp my mclaren. The are talking to the Company Working on the interiors of the worlds fastest cars. Check it out later. Thats get to our top story. Socgen posted a profit increase for the Second Quarter. With sanctions looming over russias economy, will that start to threaten the bottom line of frances secondbiggest bank . Caroline connan is in france. She has got the story. She has been talking to the deputy ceo. Guy, if you look at the earnings of Societe Generale, they were pretty good numbers. They beat estimates. For the risky loans declined by about 24 . The net income was at the highest level since mid2010. Of course, we have to look at russia. Russia is one of their big strategic markets for Societe Generale. It is the secondlargest market by client for Consumer Banking for Societe Gen