A day later by saying. The question is very much open where as everyone else is saying this was just corruption something that i know that youve been fighting for many years in lebanon its nothing to do it cannot be a an attack by some at verse 30 options are open for the investigators what is certain the basis is an absolute case of corrupt. Criminal neglect negligence is what has been the basis for anything that. It is unacceptable an unbelievable that so much so many tons of dangerous material could be stored for more than 6 years in the port of beirut without it being managed in one way or another now that is a crime on and by itself and lebanon now that is i think in the the immediate process somebody dead we need to care for our wounded and search for our disappeared but i think that the next step is looking for the people responsible for this mess but whether or not this explosion was caused by an accidental fire or by criminal fire or 11. 00 or another source makes us go into t
The former California Attorney general because the first africanamerican woman and first south Asian American woman on the ticket. Big revamp. They will exit all noneuropean Corporate Banking activity, and they forecast longlost loanloss provisions at 3 billion euros for the year. We will speak with the cfo of abn amro. Let me get to some of the breaking news we are getting here from the u. K. We have u. K. Gdp numbers coming through. We are looking for the month of june and for the quarterly figure. We have seen a rebound in the month of june at a. 7 . That was 8. 7 . That was ahead of the estimates. Thats the rebound for june. A rebound was expected. Quarter coming in at 20. 4 . That was with an estimate of around 21 . If you look at the year on your number, its similar. Its the extent of the losses that we saw in terms of Economic Activity in the Second Quarter. We look at things for a year on your number. Officially what we already knew because of the u. K. In the session. Saw the
Go and waste. We can make a difference by choosing reforestation over a different station recycling bin for disposable Smart New Solutions oberstein said you know weve heard those truly in need and we know that their uniqueness is why the allows us to live them survive good why do you as the Environmental Issues stem global 3000 on t w and going on. The lebanese economy is in freefall now the countrys largest port is out of commission and the entire city quarter is in need of rebuilding a look at the economic consequences of tuesdays explosion in beirut. Also on the show the democratic republic of congo was hit with a surge in inflation after the pen to. Its a further squeeze on exports. Welcome to the show and. Its good have you with us times are already tough in lebannon food prices were rising Power Outages becoming more frequent and coronavirus case numbers climbing now the need to rebuild the countrys largest port following an explosion on tuesday threatens to expose just how thre
A little history most of them good. Maybe one bad way. It is your rbi its ahead right here on Worldwide Exchange on cnbc well, good monday morning and good afternoon and good evening. Thank you for starting your week with us here on Worldwide Exchange on cnbc and heres how your money and the Global Markets are setting up there monday stock futures are lower and they come off their lows by about 100 points remember very volatile at this hour particularly in the summer. Now in regard to the market the dow and the s p coming off their Third Straight week of gains the nasdaq though, it fell partly to blame for technology and probably the theme to watch is big tech. Its amazon. Amazon seeing the first down week much more on the rbi i dont want to give too much away it wasnt just amazon dragging down technology. The question that investors have is is the work from home or state at home trade trying to beginning to wind down they took a pretty big hit last week something to watch perhaps unwi
Fix failing businesses. Were out of business. We were out of business before, we just didnt know it. I make tough decisions. Gregs not in charge anymore. Im in charge. And i back them up with my own cash. Its not always pretty. Every days not gonna be like this . No, gonna get much worse. But this is business. Cut your losses and go home. I do it to save jobs. Things are going to change. And i do it to make money. This the profit. [theme music] nine years ago, amazing grapes opened its doors in the heart of orange county, a wealthy community about an hour south of los angeles. It was the vision of Greg Schroeder. This is good stuff. A wealthy real estate consultant who loved collecting wines and decided to turn his hobby into a business. We had to drive 35 miles to find the nearest fine wine store, and i thought, just open a store closer to home. Today, amazing grapes sells some of the finest wines in the world, and while the business generates about 3. 5 million in revenue, last year,