Australia are the most attractive. The insurance of prostate costly promises is virtually limitless. Releasentral banks Meeting Minutes with important clues for investors while the fence stock profit. They overreact to everything. They overreact to the upside, the downside. Host plus, the earnings continue loud and strong. What is pleasing is all of this is performing well. We are pleased with where we are today. Host it is all straight ahead on bloomberg best. Hello, welcome. This is bloomberg best. Your weekly review of the most important business news, analysis and interviews from Bloomberg Television around the world. Markets were closed in the United States on monday but there was plenty of drama elsewhere as we sought a nominee for the vp of the ecb. The euro group has nominated lewis for the ecbs eyes Vice President ial role. It is a move that will hand madrid a top seed at the bank for the First Time Since 2012. It is a controversial decision because it is very unusual to see p
The issuance of costly promises is virtually limitless. Shery Central Banks release Meeting Minutes with important clues for investors while Neel Kashkari shares inside insight on the fed stock proccess. Wall street overreacts to everything. They overreact to the upside they overreact to the downside. Shery plus, the earnings drumbeat continues loud and strong. What is pleasing is all parts of the business are performing well. There is still a lot more work to be done, but we are pleased with where we are today. Shery it is all straight ahead on bloomberg best. Hello, and welcome. Im shery ahn. This is bloomberg best. Your weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. Markets were closed in the United States on monday, but there was plenty of drama elsewhere as a euro group put forth a nominee for the vice presidency of the European Central bank. Nejra the euro group has nominated luis de guindos for the ecbs Vic
We suddenly saw the shanghai composite end in the green amid speculation about whether or not we would see more stimulus to come. Monetary policy quickly kicked in. Will bewhat juliette talking about in a moment but in europe are still concerned about the commodity index. Bloomberg tracks as the lowest since 2002. The selloff is continuing. Look out for those Big Oil Majors today, and glencore after they came out with their numbers. The dax is now opening 9 10 of a percent down. Stop buyingtime to these chinese stocks like the luxury good makers. Have the fundamentals in china changed that much . And they have Pricing Power in china maybe is tryinime to analyze whether its good to buy. We are opening on a downward as greece goestory to the last stages of its marathon to get this third bailout. This is 86 billion euros. We know that germany will be starting a debate around about now, and then we have the dutch deals. Most of these deals will go through lets have a look at the key stocks
Former mineral resources minister Mosebenzi Zwane played an active role in attempting to force banks to reopen accounts for the Gupta famliy, according to the latest instalment of the state capture report.
‘Gupta ally’
“There was a campaign to taint us as Gupta people. There was a media campaign to rubbish us as people who were controlled by the Guptas.”
Optimum price hikes were ‘illegal’
“There was nothing to negotiate. What Optimum was putting on the table was preposterous and illegal because we had an existing agreement that [we would pay] R150 per ton for coal until 2018. Optimum were in the position they were in because when they bought the company in 2012, they did not do due diligence.”
I was responsible for Eskom, not Optimum
“My duty was not to Optimum. I had no duty to keep Optimum out of bankruptcy and in the process get Eskom into bankruptcy, a company for which I had responsibility. The reason people felt that it was OK to bankrupt Eskom was that it would get money from the fiscus.”