Driven by a weaker dollar. Whereturn to istanbul, bloombergs Turkey Bureau chief is standing by, and chris reiter is in berlin. President erdogan has sounded out again, ahead of the central bank decision. What can we expect today . There is a universal expectation that there will be a cut in Interest Rates later Turkish Central Bank Monetary Policy convene committee convenes. What we dont know is how much. If the decision is in line with estimates, which predict around thet of 150 basis points, rate of return on the turkish lira adjusted for inflation goes down to 1. 9 . Thats a crucial number, still above the average of real return e. M. s, which turkey is considered part of, but below countries that turkey is usually judged against like russia and south africa. We have seen anxiety in turkish markets over the last week. The lira has been weakening to levels not seen in about two months, and the decision at 2 00 p. M. Will determine the Market Reaction later today. Matt more Central B
Higher outperforming broader european equities investors await the feds latest Interest Rate decision as President Trump ratchets up the pressure on powell following the recent oil shock Uk Supreme Court prepares to hear claims that the Parliament Suspension is illegal. After a trip to luxemberg. Good morning and welcome to street signs. All the happenings around oil and Saudi Arabia Crude prices have eased. Brent posted its best day on record after an attack removed half of the kingdoms daily output President Trump said it looked like iran was behind the strike. U. S. Intelligences indicate the attack originated from iran. Officials say iranian weapons were used in the attack. They have denied involvement in the incident looking at oil stocks. We have seen oil majors and prices pulling back slightly bringing you comments we got just now out of the Energy Sector he said we are confident markets are well supplied. Remember, one of the original nam tweets refer to the possibility of the
Carotenuto is a professor at ste university with which we frankly Work Together on african issues which also runs an Excellent Program in nairobi that just celebrate its 45th anniversary. Matt was there doing research and bringing some alumni alone on the trigger and then finally joining the panel is jon temin from freedom house, works on their Africa Program and previous work in the Obama Administrations policy plans to use institute of peace. I want to thank jon for outstanding article he coauthored in the Current Issue of Foreign Affairs on some of the new promising Democratic Movement in some of africas biggest countries which was largely aspiration for this event although we modified a little bit but we had kenya and tanzania to the list along with south africa, democratic republic of congo or as a peace corps volunteer 100 jews ago when it was still practically before Belgian Congo days, and also nigeria and ethiopia. So between the six countries with roughly half of africas popu
Up to 60 inmates are killed during a prison riots were seen by evil gangs in brazil. Afghans seek to preserve whats left of a cultural legacy that was decimated under taliban rule. But 1st there are reports that on Security Forces are using live ammunition against protesters gathering in near the capital khartoum thousands of people are joining mass rallies across the country after 5 protest us including 4 students were shot dead by police on monday but the growing anger has forced the head off the military genser to respond saying the killing of peaceful students is a crime that requires immediate accountability well opposition groups are demanding an investigation into mondays killings and how some. When what happened in l a boyd is the straw that will break the military councils back we need to know who committed the massacre and the military council has to address them and seen them to court if they dont then let this council and the Professionals Association and the coalition of f
A summons against mr johnson for 3 counts of misconduct in public office. Is a Beautiful Day there has been no response from Boris Johnson or his spokesman but the timing is extraordinary johnson is the current frontrunner to replace to resubmit and if he wins he could find himself as a Prime Minister facing trial that might make it harder for him to kind of just blow past this one. And also its a very serious charge to to suggest that has contributed to. The outcome of the referendum and all that goes with that is something that i think you might find quite hard to shake off. Concerns about the character and truthfulness of politicians are not new George Orwell described politics as a mass of lies evasion folly but seeing a politician held criminally responsible for Misleading Campaign slogans would indeed be a startling precedent paul brennan aljazeera central london. Mohamedi bihari has been sworn in as nigerias president for a 2nd hes promised a new era but there are major challeng