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entering the united states. a financial crisis all star cast for pimco. they name their advisory board. okay let s check in on european markets. volatile session yesterday on wall street. we were down 200 points. one point for the dow jones industrials managing decline just lower. today we re looking at losses across the board. ftse 100 is down by a quarter and cac 40 suffering losses as well. here s the lead, disappointing chinese export numbers which will go through in just a bit being lead by a lot of the big mining shares with the collapse that we re looking at in prices and other commodities. here you go, lost 1% and also lower by close to 2% and u.s. futures are looking like this after a decline across the major benchmarks today. we are lower. the dow jones industrial is called down by 33 points. s&p 500 pricing in a small up session of maybe one point in the open and the nasdaq looks like we re down some 11 points or so. much of the decline in u.s. markets ye ....
quorum call: quorum call: quorum call: quorum call: quorum call: quorum call: mr. cardin: mr. president? the presiding officer: the senator from maryland. mr. cardin: i ask unanimous consent the quorum call be dispensed with. the presiding officer: without objection. mr. cardin: i ask unanimous consent that floor privileges be granted to major david wilson, a u.s. air force officer who is currently serving as a defense legislative fellow in my office for the duration of today s session in the senate. the presiding officer: without objection. mr. cardin: this is a bittersweet moment for me because major david wilson who has served in my office in an exemplary way as the air force fellowship program will be leaving my office this week. he has been there for the past year and has been an incredibly valuable member of my staff. i would like to encourage my colleagues to join me in thanking my military fellow for his exe ....
visits russia for the first time since the falling out over ukraine and syria. hello the saudi-lead coalition has targeted a rebel-held munitions depot east of yemen s capitol. these are the latest pictures east of the capitol sana a. this air strike took place on monday night a day before a saudi-proposed ceasefire is due to take effect. the new u.n. envoy as arrived in the capitol a few hours before the ceasefire begins. iran says it is backing a truce. it s foreign minister has called for an immediate resumption of talks. translator: any ceasefire and any halt on the military operations is supported by iran to help the victims of this war, which are innocent children and women. this ceasefire must turn into a permanent ceasefire and talks to form an inclusive government should be immediately resumed. meanwhile iranian warships will accompany a cargo ship bound for the port held by the houthis. it is packed with aid workers and journalists. it s part of a huma ....
will send back every boat carrying rohingya migrants. and a top u.s. diplomat visits russian for the first time since the falling out over ukraine and syria. hello the saudi-lead coalition has targeted a rebel-held weapons and munitions depot east of yemen s capitol. take a look at the latest pictures east of sana a. this air strike took place on monday night a day before a saudi-proposed ceasefire is due to take effect. the new u.n. envoy has arrived to sana a just a few hours before the ceasefire is set to begin. the foreign minister of iran has called for talks. translator: any ceasefire and any halt on the military operations is supported by iran to help the victims of this war, which are innocent children and women. this ceasefire must turn into a permanent ceasefire and talks to form an inclusive government should be immediately resumed. iranian warships will accompany a cargo ship bound for the port held by the houthis. the cargo ship is packed with a ....
headquarters in london. i am mark barton. and i am caroline hyde. we begin with the bank of england. the pound is rallying as mark carney gets ready to give the latest quarterly inflation report. jonathan ferro joins us in the studio. clues, what clues could we get? 9:30 u.k. time. .rowth set to come in unemployment above seven percent. you have all of this talk about slack and spare capacity in the economy. look for wage growth. two guys who used to work at the bank of england say that is a reflection of supply and demand in the labor market. ,hen wages start to pick up that is when you start to see that slack. we have real wage growth now. is coming down. that is a big point. and only if you have a bonus. excluding bonuses, and it is still just below inflation. it is starting to accelerate away. the pressure on the bank of england is going to build and their excuses to do nothing the pressure on the bank of england to do something about the housing marke ....