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From soft banks investment partners. Yousef it is 8 00 a. M. In dubai. This is Bloomberg Markets middle east. Yousef let us get you up to speed. This was the state of affairs on thursday, broadly a negative picture, down 1 5 of 1 . We had a Bank Earnings and saudi arabia, two of the biggest ones have yet to report, were seeing Downside Pressure on saudi british. Keep an eye out on what is going on in egypt, their stocks surging 3. 9 . Egypt received 2 billion from saudi arabia, that gets them closer to the six playing dollars they need in bilateral for theg that they need 12 billion loan. Lets look at how markets closed in the u. S. 12. 2 . S p 500 up oally markets trading water n the back of Janet Yellens statement. Speaking of janet yellen, when she speaks the ....
Scorcher of a session. Instead, the market itself got scorched. Dow dropped 196 points. S p falling. 93 . Thanks to concerns, some say justifiable concerns, over the solvency of Deutsche Bank, the largest bank in germany. These concerns had ripple effects all around the globe. Whenever we start worrying about theres always going to be negative pin action. The stock is down again today. Its going to play out, and none of them is good. People will fear this huge banks problems will spill over to others as banks are always lending each other money, and theres a presumption that you shouldnt be lending any money to Deutsche Bank right now because maybe you wont get paid when you look at the bank collapses from the recent financial crisis, they were caused not by classic bank runs that depositors are pulling out all their cash, but because their credit was cut off by other large ins ....
Ah, im carry johnston. This is all just there where life is also coming out. Ah, japan honors its assassinated, former Prime Minister with a controversial state funeral. 28000000000. 00 a harrowing estimate of damage from pakistans devastating floods could push millions of people into poverty. And then not the spacecraft crashes into an asteroid in space, move to protect humanity. The russia is holding the 5th and final day of referendums, in parts of separatist held regions of ukraine votes on whether to join russia are being held in 4 areas under moscows military occupation. They include the self declared on the earth, can hands with publix and east, and parts of the phone. And the provision in the south heath and western allies say the votes are sham, orchestrated by russia. Moscow says any annex to areas will be under its full protection. Well, theres more on this, were live in moscow and key the 1st let speak to mohammed vol ....
Hello, im told mccrae, this is the news. Our live from dog ha coming up in the next 60 minutes. Horror at his school in russia after a gunman kills at least 13 people and inches, several others. Italys far right liter, georgia, maloney promise is a government for all after the initial results of sundays election predict a clear majority for her right wing coalition. The british pound hits an old time low against the dollar price and concerns in the market about the u. K. Biggest tax cost in half a century and dignitaries arrive in japan for the state. Funeral of former Prime Minister sions are obey, but some people are angry over the coast. Transport wall champions frost have been beaten to now by them mock. This was the last game for the 13th that before this years final takes off in cut half ah, at least 13 people have been killed in a School Shooting in the russian city o ....