Johanna konta and coco gauff. Lets have a look at the weather, and matt is here. We have sunshine top and tail of the country, a very pleasant afternoon. Cloud is pushing in from the atlantic, just pushing south and east, turning the sunshine hazy for some, but thickening up across Northern Ireland. They have seen outbreaks of rain already today. That will spread into south west scotland, the isle of man and anglesey later. A bit of cloud bubbling up now that could produce one or two isolated showers for devon and cornwall, into the south midlands. Pleasant in the sunshine, and plenty of it in the north east of scotland, where we go into tonight on a clear note. Elsewhere, plenty of cloud, outbreaks of rain. Rain spreading more extensively into scotland, Northern England and north wales, temperatures around io isdc for the Tuesday Morning commute. High and low pressure fighting it out this week, never one dominating over the other. High pressure to the south tomorrow, low pressure to t
let s get down to business. as promised, we have more for you on the nato summit that will be getting under way in a few hours time. where, as you ve been hearing, finland and sweden have joined the alliance after turkey dropped its opposition against their membership. so, two of the hot topics at the summit are deciding whether russia or china is the biggest threat to world stability currently, and how to share the combined costs of defence security. members are expected to meet the nato target of spending 2% of gross domestic product on defence. the uk presently spends 2.1% of its gdp on security, but there have been calls for an increase after russia s invasion of ukraine. michael rowe is vice president of aerospace and defence at frost & sullivan. good morning to you, michael. first of all, finland, sweden joining nato. what does that mean in money terms? good morning- mean in money terms? good morning. when mean in money terms? good morning. when you - mean in money
A very warm welcome to countdown. It is friday morning and im edwards. Manus and i manus cranny. Tock dropbanks s yesterday evening. We hit a new record low. What did it do . This is the latest or that we have, that 10 clients out of approximately 800 have reconsidered what level of cash they looking for the derivatives with Deutsche Bank. You have got the department of justices potential 14 billion bid, but that is when we saw this move. We saw a record low in the u. S. Overnight, anna. This is a small number of hedge funds and they are reflecting what the counterparty risk is, what they want to take to Deutsche Bank. Some think there could be a failure of Deutsche Bank, but that has not moved up to zero probability. Is this a kneejerk reaction in terms of peoples perception of counterparty risk . Deutsche bank says they no longer reflect necessarily accurately reflect their counterparty risk. Anna the questions about banking have always been contained quite well in europe. The bloomb
Social network spend a fortune on a fortune on the fiveyear old instant messaging service . We got paul kedrosky, bloomberg contributing editor, also deals reporter cristina alesci. 19 billion. It is a huge number. How does facebook justify this . Number. It is a big i was just looking at the numbers last night, the largest Venture Capital based company in history which is remarkable, so the way to get at this kind of valuation is on a basis. 400 million users, maybe a billion by the end of the year, adding a million users a day. So on a per user basis, which is the metric we use with the instagram acquisition, dating back to these network of acquisitions come about 40, which puts it on par with apps of with other acquisitions of this area. Lets notw, cristina, forget that snapchat turned down 3 billion dollars from facebook. To that have an effect, cristina alesci, on the valuation for what we are seeing on whatsapp . It is unclear, but facebook needs to grow users, and how much they
Get another round of sanctions the guy. Ukraine had. Whats more the countrys defence minister has authorized ukrainian troops to use their weapons if they come under fire. This comes after the death of a soldier in cranial kiev says unidentified gunmen killed a member of the Ukrainian Army when they stormed a base near the crimean regional capital since our whole block from russian sources claimed the dead man belonged to the local Defence Force as the death is the first since Russian Troops took control of the peninsula almost three weeks ago. Well look at the reaction from ukraines capital kiev in just a moment but first lets bring in alexander phenomena standing by for a snack rainy in capitals and catapult alexander youve been at the base where this incident occurred what more can you tell us. Looking forward to meeting the parents try to update. In the pool we all were quite rude to be equipped with special report that the rioting and will begin. Local media have good people of hi