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german figures. italy is in line. the gdp portion, it is more important what mario draghi is looking at. tom: absolutely. you see the economy growing less in the initial estimate, which gets back to the carney announcement yesterday of a lower forecast from britain. you wonder where the dynamic is, where a economies will pick up in 2016. i have not seen it yet other than the one german item this morning. belowne: a touch estimates. the real question, how much does it have to do with a weaker euro, and how much does it have to do with real growth spurred by economic reform? let s get to the first word news. nejra: you have the numbers from the euro zone as a whole. germany s economy grew at the fastest rate in two years . gdp rose7/10 tense of a percent beating estimates. thoughfset record unemployment in germany which has boosted consumer spending. a report says the european union s naval operation to stop people smugglers in the mediterranean isn t working. lawmakers i ....
with tom keene and new york. i know you are very focused on burberry and once again it is fed. tom: it is just interesting there is no news but the news there is is most fascinating. i know we are going to talk about japan and the oddity of their stagnation. it is exceptional to look at their data and the struggle they have for economic growth. francine: can consumer spending left gdp or is it just temporary because of that government release? let s get straight to the bloomberg first word news. call this one a split decision. bernie sanders one that democratic presidential primary in oregon and hillary clinton claims victory in kentucky, although hours after the polls call. it was too close to clinton is inching closer to the number of delegates she needs and sanders is not giving up. mr. sanders: let me be as clear as i can be. we are in until the last ballot is cast. democratic primaries in california, new jersey, and four other states on june 7. a group of so-call ....
lacqua in london with tom keene in new york. theave to talk about sadness of international terrorism and then we look at the referendum and the fallout. tom: we will go to is been bill istanbul later and speak to an expert. if you did not know it was about brexit and the eu, you would think it is about someone arguing about the summerhouse. francine: we talked about metaphors with the divorce but there has been quite a bit of anger especially in london where 70% of the people voted to stay in. emotions are changing and we saw an emotional david cameron yesterday. let s get to the bloomberg first word news. blaming islamic state for the suicide bombing at the airport and istanbul. three bombers opened fire and blew themselves up after police started saw them. 40 people wounded killed, 200 wounded. recent months, islamic and kurdish militants carried out bomb attacks in turkey. david cameron used his final european union summit to express regret over the brexit vote ....
with the matter. matt: headlines coming out from imf chief christine lagarde, giving a speech at the new york fed. she is saying that small nations are at risk the of you banking regulations. big banks have curtailed riskier often ints that are small countries. they are pulling out their operations, leaving small countries with a lack of credit. she will be giving us headlines throughout the next hour. then we will hear from christine lagarde. scarlet: because later on, bloomberg s exclusive interview p.m. ame lagarde at 1 1:00 p.m. today. let s get to the markets now. we are halfway through the u.s. trading day. on whats been checking the markets are doing. what can you tell us with the indexes all higher? i want to mention, going back to fiat chrysler, and the news that the doj is potentially looking into the company for securities fraud. you mentioned the stock it has now taken a leg lower. down by about 2%. we will keep monitoring. it may have taken a few moments ....
champion, and, tonight, he is the people s nominee! [applause] like many of my fellow millennials, i do not consider myself categorically republican or democrat. more than party affiliation, i vote based on what i believe is right for my family and for my country. sometimes it s a tough choice. that is not the case this time. as the proud daughter of your nominee, i am here to tell you that this is the moment and donald trump is the person to make america great again. [applause] real change, the kind we have not seen in decades, is only going to come from outside system, and it s only going to come from a man who has spent his entire life doing what others said could not be done. my father is a fighter. when the primaries got tough, and they were tough, he did what any great leader does. eper, worked harder, got better, and became stronger. [applause] i have seen him fight for his family. i have seen him fight for his employees. i have seen him fight for his company. an ....