Saudi arabia, has condemned president trumps decision to recognise jerusalem as the capital of israel. A statement from the Saudi Royal Court described the move as unjustified and irresponsible, and urged the Us Administration to reverse the decision. The palestinian president Mahmoud Abbas warned of dangerous consequences for the entire region. An emergency meeting of the Un Security Council is expected to take place on friday to discuss president trumps announcement. Our north america editor jon sopel reports. Camera shutters click thank you. The president signing this or that proclamation has become a commonplace, but nothing hes put his name to is as consequential or historic as this, a decision that upends us policy to the middle east, the most troubled region in the world. Past decisions had failed. It was time for a new approach. Today, we finally acknowledge the obvious, thatjerusalem is israels capital. This is nothing more or less than a recognition of reality. It is also the
Including bp and Jaguar Land Rover are travelling with theresa may. We weigh up the trade opportunities and barriers. And after the missile attack that never was, the head of hawaiis Emergency Management agency is forced to resign. A warm welcome to the programme, briefing you on all you need to know in global news, business, and sport. And do tell us what you thought of the president s state of the Union Address. Send your comments and reaction to bbcthebriefing. Did you stay up and listen to the full hour and 20 minutes . President trump has appealed to the American People to set aside their differences and to unite as one family. In his maiden state of the Union Address to congress, he said his first year in the white house had taken forward what he called his Righteous Mission to make America Great again for all its people. And he told the audience that he intended to reverse president obamas decision to close the Guantanamo Bay detention centre. David willis was watching in washin
If you look at what is going on with stocks, we are not being much of a positive reaction, but we will keep an eye on it and see if we see any kind of delayed reaction. Not to mention the fact that the oecd is also cutting its growth forecast for the u. S. To 1. 8 from 2 . Lets take a look at the groups on the move. Energy in the bottom spot, followed by materials, initials. We have a cyclically led decline in stocks at some of the defensive groups like Consumer Staples and utilities are doing better, but a relatively broadbased decline with the exception of those two group. I want to pinpoint what is going on with the auto sector. In general, sales we are seeing worse than estimated numbers, particularly at General Motors where numbers plunged 18 . All four of the brands within gm reporting to clients at least 13 . For vehicle sales down 6. 1 . Fiat chrysler sales actually beat estimates, unexpectedly rising 1. 1 , but that is not helping the shares. We are seeing them fall as well, s
Where are we in the Brexit Debate just a week to go until the u. K. Votes. We are less than half an hour until the european open. Futuresls disabling. We saw futures signaling. We saw asian stocks tumble. Check out what is happening with features. Asia tumbled 3 . Thats happening with futures. Asia tumbled happening with futures. Asia tumbled 3 . All eyes on the Eu Referendum. The cac 40 showing it to be down 1. 5 . It is going to be a down day. Here are your Asset Classes. Matt big, big moves. Ook at the nikkei down 3 15,434 closing, worst level in a month. You see the yen right now down to 104 104. 20 real strength in the yen last week you can find more than seven yen for a dollar. The japanese twentyyear getting close to a negative yield. It is going out and negativity. Brent crude falling another 1 . Down 48 down 48. 50. Real pressure on oil as more supply comes online. Lets get the first word news with haslinda amin. Haslinda matt, Deutsche Banks chairman has become the latest lea
Dubai. Breaking news. Anna from the clothing retail sector, lets get straight to those numbers. Better than estimates the best way to summarize in terms of q1, 705 million euros, better than the estimate of net profit, firstquarter sales just a touch ahead of the estimate for the first quarter. They are saying that sales in 1 to juneose 15 may 13. And looking at the number, that is coming above estimate as well. Many, thene of the Global Presence is perhaps insulating the company from tougher sales backdrops that they might been seeing in various individual countries. But i would not stop some negative fx implication, we performance of weak performance that they cannot but better numbers, than estimated. Let us turn to the brexit question, manus. The Eu Referendum on the 23rd is just eight days away, marking them off as my calendar goes. We have a series of charts illustrate how the market is looking at the story right now. Manus we have. Look, no doubt about it. Let us talk about a po