Worn surging numbers may undermine a Global Recovery. Plus, we discussed prospects for the u. S. And the wider picture with the atlanta fed president , who joins us this hour. Haidi lets look at the sydney staggered open, the friday session muted compared to the street we have had in asian stocks, asiapacific stocks seeing 13 consecutive days of gains broken by the thursday session, the longest winning streak since 1988 coming to an end. A flat stock a flat start in sydney, kiwi stocks up, muted start in japan spite heavy inflows of foreign buying. We are seeing a further downside when it comes to trading in the futures session. Getting secretary mnuchin speaking at the moment. He is speaking in an interview with Bloomberg News, saying financial conditions are quite strong, that companies that are need grants,covid not that. We heard secretary mnuchin earlier asking the fed to return unused coronavirus money. We will get you more as we get those comments. This is coming at a time when
Boost the recovery. Larry summers says the coordinated Global Response is needed. And airbnb books an ipo in new york, aiming to list shares on the nasdaq. Booking through september a total of 18 billion. Although it admits covid19 continues to affect the business. Lets take a look at the asx. More than normal when it comes to the australian soft market after it had the data disruption out. Yesterday was the longest outage in about a decade. Of course, it meant australian traders missed out on the bulk of the days rally. Only trading for a halfhour. We are seeing a pretty modest start, less than 2 10 of 1 higher at the open. Perhaps some caution there could be more technical difficulties. We are seeing gains when it comes to trading in new zealand. Nikkei future setting off on a bad foot as we are seeing some profittaking. It does look like the vaccine driven optimism and the rather we saw overnight will continue, with s p active futures in the positive. Shery we have breaking news at
Way we live the way we work the way they are providing for ourselves but there are Many International challenges none of which we can showed on our own as a nation states member countries in the video countries. And we are noticing. That this had already happened before the pandemic but became more strongly pronounced during its monthly lottery cooperation. Is under a lot of pressure many places sort of pressure which we didnt know for many decades and it changes the world and particularly pandemic i mean looking back at the history of pandemic and actually exacerbate such developments which is why from my angle its extremely important that we fight against these tendencies for the renationalisation and increasing protectionism doesnt mean that one cannot be sovereign in certain areas but all together joint cooperation should really be enforced. But equally we understand. The in part a very aggressive world that we are faced with this. Is a world where we on our own as one member state
Germany. Where exactly. Are no laws are still sure history. Travel extremely worth a visit. Citi group names james frey sure its next c. E. O. The Top Executive becomes the 1st woman to head a wall street bank swishy have company anytime soon both war correspondent and your. Also want to show the evil builds race heats up g. M. Announcing another major electric Vehicle Partnership this time with startups. And European Companies complain about bullying from beijing this efficiency refusing to let many of their. Qtips and staff back into china for work after being expelled from the pandemic broke out. Blue and welcome to the show im susan beers in berlin its good to have you with Us Citi Group has named jane frazier as its next chief executive making her the 1st woman to lead a top wall street bank frazier takes the reins of the 4th biggest u. S. Bank by assets joining a group of wall street c. E. O. s that has been exclusively male and white she was head of Global Consumer banking at ci
Erupts in flames again a month after a massive explosion leveled parts of the city a huge new fire prompts panic as well as fresh questions about government negligence. Plus animals under threat but says wildlife populations of plummeted by 2 thirds in the last 15 years well ask an expert what can be done to save the worlds wildlife. Im told me all laddie but welcome to the Program European governments are racing against the clock and the weather to find shelter for thousands of displaced migrants from greeces morea camp a massive fire destroyed the camp on tuesday night leaving some 12000 people homeless greece is sending 3 ships to house thousands of refugees for the past 2 nights most have slept in the open and are struggling to get enough food and water. 100 wins a 2nd night of fires burn the more you refugee camp beyond all recognition. Leaving behind a human catastrophe which is now unfolding on the streets of lesbos. Among the homeless thousands of exhausted men women and childr