Been working hard on cost has been creating this leverage. It the perfect storm of volatility that helped you in the Third Quarter . Sergio it has been coming down to a more normalized level that may be sought before 2018 and 2019. I think it is a combination is a more stable market environment, but the effect of all the new initiatives that we could set for growing, and which are starting to pay off. Manus youve got a strong message in the dividend. There has been an accrual of cash and buy back. When can we realistically expect the regulator to let you and ubs pay those dividends in 2021 . Sergio what it seems for investors is, basically, our message that we are very determined and committed in implementing our capital return policy. We are flashing our intentions to have a good solid Cash Dividend, but also complemented with share buybacks, and the fact that we are highlighting what we have done so far this year by creating this 1. 5 billion reserve is a testament to our commitments
Expenses. Regulatory and privacy pressures mount. Dar p china spoke on alphabets ceo spoke about this. The momentum has been great. Ever since thomas has come in, he has continued to invest across the board. Focused a lot on operational teams. It is playing out well in this business. To be inortant for you as many situations as possible. Nejra joining us now is bloombergs opinion tech columnist and Marija Veitmane from state street is still with us. Before this release, alphabet shares had hit a record. How concerned are investors going to be about this latest news . People are fundamentally investing for growth. There was a bit of dip in aftermarket trading. The cloud is becoming a very contested space. We saw pretty much the same from amazon last week, that they are also investing to defend their market share. Investing tole is secure their market share. They do Something Like 8 billion per your revenue from the cloud. Amazon doesnt 9 billion per quarter. Doesan see that amazon 9 bil
Products a bid to list budweiser brand in hong kong and Saudi Arabias Energy minister says every country should comply with oil output. Well sit down with the russian Energy Minister later on this morning. A lot going on today also in oil space. I want to take you to highlights from the iea report. The agency has kept 2019 and 2020 Oil Demand Growth forecast unchanged. The latest report describes the newly appointed minister as an experienced figure saying the country has acted as a lynch pen even though the compliance rate has fallen to 116 in august and a recession is on the rise in germany. Saying the weakness in industry is slowly spreading to other sectors in the economy, quote, like an oil slick. Theyve scaled back growth indicators now forecasting 1. 2 growth. Well speak about this more at 10 30 Central European time. Interesting ifo is using the word oil and oil slick there could be potential for things to turn around. Ecb expectations have been prizing. Today, the central bank
Begin their rapid assault under the cover of the cobras helicopters. Against his goals. At the same time as this trip in the distance 50 km from the Tactical Command control center that was detected by the drone. It will be destroyed by shafaq havani missile. Ready for any tactical and technical operations, whether at night or during the day, alhamdulillah, you can see these flights of cobras , alhamdulillah, all of them are aimed at late point missile systems. And not intelligent, according to the commander of the Ground Forces, here a networkbased war has been provided, the weapons are networked with each other so that they can support each other, that is, both drones and missiles will return, and the missiles will return. Units the enemys armor is retreating. Now, the Ground Forces from the army have been deployed to support the forces that are deep in the enemys territory. The commandos carry out their mission and the observers evaluate this exercise as successful. All wars in the
Was held under the chairmanship of the president. Also, the report of the actions of the ministry of energy in solving the countrys water imbalance in the last 2 years was presented. According to this report, in the water sector and nonstructural activities, measures such as prioritizing halffinished projects, developing a resource and consumption plan for catchment areas, Public Participation in the construction of irrigation networks, and financing for the evil sector for the plan to transfer water from the sea happend. Also. This watershed operation is above the level of agricultural water consumption management plans, introduction of supporting sources surface and underground water of big cities and reducing the dependence of employment programs on water were among the topics of this meeting. The spokesperson of the water industry also gave explanations regarding the realization of goals in the field of water supply. In the water supply program, mr. President of the government and