The group will hit higher in the third quarter. The question is still out how long it is going to last thats the real question we spoke to the former Vice President of the ecb as the central bank chief said she is undetoured by the Court Decision another member tells us the decision could have unfortunate consequences this could infringe in the end of independence of the ecb im not sure if it is laughable or serious and dangerous reassuring the markets and instability amid the outbreak in the plunge in the First Quarter profit the cfo tells us he expects an attractive recovery. With a sharp decline but not as sharp a recovery but more an elongated recovery thats what we are planning. Maximum caution is the latest message from the uk Prime Minister Boris Johnson as he prepares to announce a limited easing of the lockdown a very warm welcome to street signs markets this morning responding positively as representatives from china and the u. S. Have agreed to Work Together on the face 1 de
Of china casting a dark cloud other its economic output. Industrial production, meanwhile, coming in weaker than expected and, oh, yes, china unexpectedly cutting rates by 15 basis points. All kind of negative headwinds. Now on the other hand, strong data guest canically not helping Investor Sentiment either. Retail sales rose more than expected showing that the consumer here in the u. S. , very resilient. But you know what thats codes for, yep, the feds could have to keep rates longer for high higher can higher for longer, rather. [laughter] Neel Kashkari saying today we are, quote, a long way from cutting rates. Oh, great. Those higher rates, however, certainly have proven burdensome to banks. Today Credit Ratings company fitch warning it may have to downgrade several u. S. Banks including jpmorgan, the big financials all moving lower on that warning as you can see. Morgan stan hi down 1. 33. Morgan stanley. Regional banks also seeing declines on worries over tighter regulation, toda
If it closes their Diplomatic Mission and washington d. C. Welcome to aljazeera live from my headquarters and me and the parana im also ahead. Take to the streets in zimbabwe a day before president mugabes party holds a meeting to decide his fate. Lebanese Prime Minister meets the french president paris and says he will return to his country next week loss. Of aversive and fortune to central asia. Where travel to carry the search of the elusive cat. Will begin with news of major tension building and us palestinian relations the trumpet ministration. Says it will close the palestine liberation organizations Diplomatic Office in washington d. C. The u. S. State Department Says the p. L. O. Has broken voles by calling for an International Permanent Court Prosecution against israel for building illegal settlements a two thousand and fifteen us law bars palestinians from approaching the i. C. C. Against israel while the p. L. O. Office in the us has been open since the one nine hundred eigh
Donald trump i dont know if theyre behinit. And i think it relations, frankly. Do you know what does bother me . I have nothing to do with those george s but you were even told by the donald trump george, george, let me explain some george s republican head of the Homeland Security donald trump let me explain something. George s mike mccaul, he said the same thing. Donald trump i dont know what he said. George s he told you that he thought the russians were behind it. Donald trump hacking is very interest. Determine who did what. Okay . During that interview, trump also repeated his controversial remarks about the death of an american muslim military hero killed in iraq. Had if i were president at that time, captain khan would be alive today. Khanss father, khizr khan called trumps comments cruel. Sot khizr khan theres no sincerity in those remarks and with only days to go, Hillary Clinton will be joined onstage with the person many believe to her strongest advoca,first s ly getting th
You dont know over the next and the elite runners period of a few days, are pounding i guess thats the real test, the streets of london albeit on a so well be seeing very different course. The what happens over the next couple winner of the elite womens race of days. Will be the uk registers almost 13,000 daily coronavirus cases, crossing the line here at the mall nearly doubling from the day before. The government and about says half a technical issue an is to blame. Hour. Good morning from a very wet London Marathon, fingers crossed for better the conditions. The elite runners have mall. Finished their race as usual. Welcome to bbc news to viewers here more for you throughout in the uk and around the world stay with us for the latest the morning. How news and analysis. Donald trumps doctor has said cute the president has made substantial is progress since his Coronavirus Diagnosis but that hes not that . And prince george, Princess Charlotte and prince louis ask Sir David Attenboroug