More quickly than anticipated and the bank of canada expects inflation to remain near 2 three 2019. The u. S. Tax reform is likely to curb canadian investment growth. Bank of canada raising its overnight Interest Rate to 1. 25 . Eady we are seeing the dollar spike. A. 5 gain in the dollar in reaction to that. There had been a bit of hedging in recent days. The bank of canada might consider nafta and a breakdown in nafta talks as a central risk and might hold off on this raise, but that has not happened. We will hear from the bank of Canada Governor later in the day. He will be interviewed by bn n. It will be interesting to get his perspective on nafta and the other issues facing canada. Here, we are seeing stocks which rose to a record closing level, seeing moderate gains in todays session after the gains yesterday melted away midday. The dow still not about 26,000 above 26,000. We have some push and pull in todays session. On the plus side, big cap text docs seeing strengthening. Ibm
Chinas biggest song streaming service is music to the ears of investors shares rallied on wall street on their first day as a listed company. Also on the program italy makes concessions to the e. U. On its twenty nine thousand budget but will they be enough to convince brussels will analyze the sceptic on this latest proposal. And a German Company seals the deal to get access to the Worlds Largest lithium reserve in bolivia well tell you why the move could be crucial for the german economy. Its for business on the w. B. And how you know to get us welcome to the Program Shares in chinas largest Music Streaming Service tense and rose on their first day of trade on the New York Stock Exchange the companys i. P. O. Of Eighty Two Million shares priced at Thirteen Dollars a share at the opening bell but they surged more than ten percent before settling slightly lower the i. P. O. Raised more than A Billion Dollars one of the largest by
a chinese company. Our financial correspondent has been
Culture looking at the stereotype cracks in your thinking for you from time to time i know im. Taking this drama they are to me its all about their. Time my job join me in the. Post. Economys a bullet hole with paradoxes the Airline Industry is just one example state Financial Support huge Tax Exemptions for fuel means flanks cheap but what about our Carbon Footprint and is that our tax money any way a Government Subsidies to help or hindrance lets stop with germanys 54000000000
euro climate deal a source of much protest it will run through to 2023 with the aim of reducing c o 2 emissions by putting a price on them the plan is budget neutral meaning the country would have to take on any new debt to finance the plan as 1. 00 bit of good news but many say its inadequate its a strategy that balances the interests of too many different Interest Groups to actually do anything for the climate and despite the states apparent good intentions it continues to support Energy Intensive industries
Baker john stripes is like you live with the rules set by the deep. Cuts. Being recipes for success the strategies that make a difference. Baking bread on d. W. Economies a bullet hold with paradoxes the Airline Industry is just one example state Financial Support huge Tax Exemptions for fuel means flanks cheaper but what about how Carbon Footprint and isnt that our tax money any way a Government Subsidies to help or hindrance lets start with germanys 54000000000
euro climate deal a source of much protest it will run through to 2023 with the aim of reducing c o 2 emissions by putting a price on them the plan is budget neutral meaning the country wont have to take on any new debt to finance the plan as one bit of good news but many say its inadequate its a strategy that balances the interests of too many different Interest Groups to actually do anything for the climate and despite the states apparent good intentions it continues to support Energy Intensive industries with Financial Aid
According to your analysis will not have that opportunity to bring the right wing positions to the table in brussels not when it comes to the youve been part of the youve been parliament is overwhelmingly pro european prodemocratic even the shifts within countries like germany the votes did not go to the extreme right they have been dispersed amongst the democratic parties so and also in other countries i mean whats so the nice one in italy it was something that we have expected its too bad its a form of on us you know became the Largest Party in france actually yeah exactly but we do not expect such a big block as they would like to be the make them say a larger than the actually are ok the greens were the big winner here in germany theyve doubled their their results theyre now bigger in the European Parliament than the social democrats just behind the c. D. U. Do you see them being able to as we just heard from their Live Press Conference affects Climate Change that is their big issu