The kids had a ball we loved it. Jersey was great the people of jersey were great to us. The water by the way the water is i mean, the ocean beautiful. Drinking water in jersey still is probably my only complaint. I have to go brita or bottled. But i got this tattoo which i know that you guys showed off last week. I got a lot of neosporin on it right now. Just to keep the bacteria, thats what they say youre supposed to do but at some point well show it off and do the grand reveal. They asked me if we wanted to show it and i said no he never liked it on twitter and im not sure that he really liked it so you brought it up. I wasnt going to bring it up. To be honest with you, i came to it late i was actually trying to not even be on twitter that much and i saw it and it was too late to start retweeting because it was a day after clearly you had shown it off and i didnt realize that i had sent that picture to you but i didnt realize that everybody would get to see it this way. It was fun.
In italy, the Coalition Government faces a challenging day ahead. Later the countrys Prime Minister, giuseppe conte, will be making a speech at the Italian Parliament and could face a vote of no confidence. This all comes at a time when europes fourth biggest economy continues to struggle. Italy currently has a massive 2. 3 trillion worth of public debt, which is equivalent to 133 of its overall gdp. Italian banks are most exposed to any default, but french, german and british banks are also at risk. The Italian Economy is still recovering from a recession last year. It grew marginally at the beining of the year, but since then, growth has been stagnant. Despite this, the Italian Government is forecasting growth of 0. 2 for the year, which is above estimates from the European Commission and imf. A major problem is the countrys stubbornly high Unemployment Rate of around io . But it is italys massive youth Unemployment Rate which is causing nightmares. It currently stands at a huge 28.
And george mason university. Hes a Bloomberg Opinion columnist and has written regularly for the New York Times and contributes to a wide number of newspapers and periodicals. His previous books include the class and great stagnation. In his new book big business, he examines the tension between the lack of trust in big business snd big businesses in the American Economy. He argues that corporations despite americans ambivalence towards them are inessential and balanced, productive and Oppressive Society by spurring innovation, rewarding talent and hard work and created the bounty on which americans have come to depend. The Deputy Editor of Harvard Business review writes tyler cowen mounts a defense of big Business Finance and the tech industry. Both of their critics and defenders will benefit from b ts book. Cowen will be joined in conversation tonight by edward, u. S. National editor from Financial Times and author of the retreat of western liberalism. Please join me in welcoming eit
Pretty much unchanged, but a few stocks are moving quite substantially, including gilead appliances, up, making a 5. 1 billion investment into europes galapagos. Theill be working more on inflammation joes, this is the hepatitis c drug goes away. Broadcom is up one and three quarters percent, that is up on the idea that the broadcom deal may not take place because talks have broken off. City group has turned itself around, the first of the megabanks to report this week. Some good elements come and some less good elements. Meanwhile, one of the major events overnight was chinas gdp growth coming in at 6. 2 for the Second Quarter. For more on the impact of this and of the Global Economy, stephen king is joining us, he is a senior Economic Advisor at hsbc. Talk to us about the china gdp growth number. It is not seem to be impacting markets much. Do you see Warning Signals . Agohen 6. 2 a few decades would be remarkably weak, but by the standards today, not bad. I think that the chinese wo
We will bring you everything you need to know. Ed we will get the inside look into the Digital Asset industry as the Firm Announces it has raised 500 80 million for new funds. Caroline the ai startup raises 100 Million Dollars to further grow its business. We will have an exclusive conversation with the ceo. Lets check in on markets. We are all looking at what is happening in terms of the fed, the bank of england, the bank of japan as well. The twoyear yield ticking higher. Some nervousness about whether we are expecting a pause later this week. New york crude the Inflationary Pressure point. 92 a barrel, up one point 2 again. 1. 2 again. Even amid the caution and nerves, we are seeing a bid into bitcoin. We are seeing some outsized moves. Still above the 27,000. Ed there is a lot of news driving movers. Apple rallying up 1. 9 . They are trying to make sense of the early preorder data for the iphone 15. The market seems to like what it is seeing. He goes on sale september 22 in this co