Warm welcome to Worldwide Exchange. Im wilfred frost at cnbc hq im safer sar a eisen in washington today were always here when finance ministers from around the globe descend on washington. This time its unusual 2017 for the first year since before the economic crisis and financial crisis is a year of synchronized Global Growth european debt crisis, fiscal cliffs, all sorts of uncertainties in the u. S forget it. This year the Global Economy is in expansion mode together, its not just certain economies were relying on the question is how fragile is that how sustainable is that . How can policymakers take the opportunity to put in place policies that will sustain it. Policies like tax reform front and center in washington for the u. S. One other common theme, apart from the uk, is the lack of inflation. Im sure thats a topic that will come up i thought we would get a catchup first i only see you by video link these days its a busy week for me the p g proxy vote in since nat tichlt ill c
Of squawk alley. Good morning. Its 8 00 a. M. In san francisco, 11 00 a. M. On new york city, and squawk alley is live. Im listening to the kind of music she doesnt like neath shell never know your story like i do she wear short skirts i wear tshirts shes cheer captain im on the bleachers dreaming about the day that you wake up and find out what youre looking for has been here good morning. Jon fortt has the morning off. All hitting record highs this morning again as investors shake off the unexpected Election Results out of the uk antined uncertainty in washington. Were watching the vix hitting a 23year low. For David Rosenberg chief economist, david, are you surprised at the markets constant ability, especially this week, to brush off some big political shock, from comey to may, and reach report heights yet again . I think that the market is certainly heading into really expensive terrain, almost pressing against a 19 forward multiple. But remember what bob farrell told you and the t
Its had a number of approaches enter sbred interested in buying the venture. Youre watching Worldwide Exchange. The final serves as pmi better than the familiar number. The 45. 7 was a tickup from october. The final composite pmi is also higher. 46. 5 to 45. 8 flash as well, the highest since july. So the economic slump a little less pronounced in november than previously thought, although the session still looks very much on course for another quarter here for europe. The pmi will rise above 50 that divides growth between contraction. Hasnt stopped the euro dollar from hitting a one and a half month high. I suppose we know growth is going to be anemic, but if Spanish Banks are getting some money, are we feeling slightly better . Thats what euro trades on, isnt it . Pmis are all very interesting for the economist. But they want bigger stories. Most of the news flow, its helpful to the euro. People have been trying to affect this rally for a while. We are close to those october highs. T
First. Welcome to number one with paula hamilton. Question number one, mr. Speaker. Mr. Speaker, im honored to take my place as Prime Minister in this house and to take on responsibility at a vital time for our country. I am determined to deliver for everybody across our United Kingdom. I will work constructively with all members of this house to tackle the challenges we face. Mr. Speaker, this morning i had meetings with ministerial colleagues and others, and in addition to my duties in this house, i shall have further such meetings later today. Thank you, mr. Speaker. Can i warmly welcome the Prime Minister to her place . Its her first pmq and it is also mine. In a leaked audiotape the Prime Minister has heard saying that british workers need to put in more ground, and that they are lacking in skill and application. Application. She also wants to take away the basic workers rights. In my constituency the latest figures from the Commons Library show that children, over 7000 households
And Energy Policy. They also talked about access to Health Services and taxes. She is only the third woman in british history to hold the title of Prime Minister. I would also like to take this opportunity to welcome the new Prime Minister. [shouting] and i know she will want to ensure the that these states will have been made in the house first. Welcome to number one with paula hamilton. Question number one, mr. Speaker. Mr. Speaker, im honored to take my place as Prime Minister in this house and to take on responsibility at a vital time for our country. I am determined to deliver for everybody across our United Kingdom. I will work constructively with all members of this house to tackle the challenges we face. Mr. Speaker, this morning i had meetings with ministerial colleagues and others, and in addition to my duties in this house, i shall have further such meetings later today. Thank you, mr. Speaker. Can i warmly welcome the Prime Minister to her place . Its her first pmq and it i