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An historic and agreement on Irans Nuclear program. The u. S. And other global powers will ease sanctions that have crippled irans economy. That is likely to lead to iran selling more oil, sending the price of oil down by the most in a week. It will have a 60 day review by congress. Israel says it will lobby american lawmakers to reject it. We will hear from president obama in about an hour. You can watch it on bloomberg tv at 7 00 eastern time. Greeces Prime Minister will not be able to count on his own coalition to support pension costs and tax hikes. Tsipras admits the austerity measures to Parliament Today will be set for tomorrow. Lawmakers must approve the legislation before talks on a new bailout. Paul krugman told Bloomberg Europe wanted to less screen to ....
Lets get straight to the bloomberg first word news with taylor riggs. Taylor republican president ial nominee donald trump is pushing back against allegations of Sexual Assault. The womenhe says accusing him of misconduct were lying at a rally in florida and in two appearances in ohio, calling them vicious and false. He is back on the campaign trail today with two appearances in north carolina. In europe, the president of the European Union is offering a stark choice to the u. K. Hard brexit or no brexit, take your pick. Donald tusk delivered his hardline stance in brussels, signaling that the departure may take longer than two years, and it is when theresa may realized it will be painful for britain. And thailand is beginning a year of mourning for the worlds longest reigning monarch. He died yesterday at the age of 88. The government signaled that his only son will ascend t ....
Rupert harrison joins us for the hour and in less than 15 minutes we speak to the Banca Popolare di milano ceo. Weekso look ahead to the Big Bank Earnings headlined by Goldman Sachs. Bank of america is coming up. The first thing we have to do is check the markets. A little bit of volatility, 16. 84 gaining from 0. 5. Overall european stocks a little bit down. There was movement after we heard from janet yellen that she would not mind a u. S. Economy that is a little heated up. That would help with growth and she believes that would help with consolidation of the labor market. Banks, i have put those in the cross asset check because we are speaking to the ceo of dpm. The european impetus is getting a little bit of left desk lift. Lift. Lets get to the bloomberg first word news. U. K. Economye the has been more resilient ....