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Paul romer, Nobel Laureate may nyu start professor of economics. Cfo as wen johnson push ahead to a vaccine. Memsic own at present will stay or lower levels until the inflation pool is near. Slack in the economy because of the buyers. Improvedic activity significantly in may and june april,s trough in alongside the ongoing containment of the virus and the associated easing of lockdown measures. At the same time, Economic Indicators remain well below the levels recorded before the pandemic. Alix joining us is michael mckeen. Give us some highlights that set out in pushing forward. It is a reversal of roles. The ecb stepping back from its role as firefighter, getting into a more maintenance mode. Christine lagarde urges the fiscal authorities and the eurozone to step up and take action, approve the 750 billion rescue package they are talking about. She said she assumes the ....
Apple says it will shift to its own chips ending a 15year relationship with intel. Saying it is a huge leap in how the Company Powers its products. Apple silicon will bring Amazing Technology and a come your honor architecture across all of our products. Wire card whiplash shares rebound to the top of the stoxx 600 ending three sessions into an on going probe into missing funds. Welcome back you are watching street signs. Weve been closely tracking data first up on france manufacturing and then germany we saw a very strong number in the bounce back delivered less on germany still in the 40s. Weve got the eurozone numbers crossing for the block the market flash manufacturing pmi at 46. 9 versus 39. 4 in may we have improved to that level 47. 5 47. 5 on the composite pmi and climbed to 47. 3 from 30. 5 in may. Clearly the reopening normalization and social distancing on man ....
Not only was all welcome to conference and. Nobody has talked more about reforming the e. U. Than Emmanuel Mccall why should anyone listen when he is making such heavy weather of reforms in his own country while 1st has been informing france for more than 2 years with steady poff. The country is in chaos the country is not in k. Off there is no strike anymore and railways or Public Transportation and there will be the most ambitious Pension System to form a full decade old wish which went off in the parliament in the next week people have died in demonstrations paris has reeked of tear gas for weeks on end you had gigantic this. Options and transport so the worst transport disruption since the 1960 s. Are you talking about that office is that im talking about paris you dont seem to come often to paris are i do i ....
President said he was still unconvinced by the uk plans and his doubts were echoed by the Irish Government. Our objective is very clear we dont want to see any customs posts between north and south, nor do we want to see any posts are between north and south. Well have the latest reaction and well be talking to a member of the eus Brexit Steering Group and a member of the Northern Ireland assembly. The other main stories on bbc news at 5pm. A man with a knife is shot dead after killing four police officers, including a woman, at their headquarters in central paris. The family of a seriously ill 5 Year Old Girl have won the right to take their daughter to an Italian Hospital for treatment. And there ....
Lacqua we speak with the vicechairman of blackrock, the worlds biggest money manager. After the financial crisis, what have we learned . We have too much leverage in the system without any doubt. When you have too much leverage, bad things happen. Things tend to be amplified. Thats the key thing. Thisve also learned that notion of letting the market be totally free, that wasnt a good idea. What stands out is banks needed much more capital than they had at the time. We had capital levels that were excessively low. In some cases, these banks were leveraged nearly 100 times. That, to me, has always been the key takeaway. Ways, i wish we had focused more on the capital all of theless on other things that have made it into the regulatory reform. A concern now of regulating the financial crisis, and we may miss the next one . We might, there shouldnt be any illusions. Financial crises should not disappear from the pages of future history books. We have to be realistic. I dont think we are ov ....