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Iran hoists its flag on the masthead of the captured uk registered tanker in the gulf. Irish golfer shane lowry wins the open at royal portrush. Full details coming up in sportsday at 7 30pm. Good evening. The chancellor Philip Hammond says hell resign this week if Boris Johnson becomes the new conservative leader and Prime Minister. Mr hammond says he could never sign up to a no deal brexit, something borisjohnson has refused to rule out. Mr hammond plans to resign on wednesday, just before theresa may leaves downing street. Heres our Political Correspondent chris mason. Philip hammond has been chancellor for the last three years, appointed by theresa may injuly 2016. This was him packing up for the weekend. On wednesday, hell pack up for good. Assuming tha ....
Now. We have spent enormous amount of time with democrats and republicans talking about our infrastructure plan. Money in the budget. We have a plan that we are confident will work. The president money in the budg. Will announce it over the course of february. We do think infrastructure is important. Lets get some details. Give me some color. Is that something you would support . Gary we have three key principles. We are going to invest a trillion and a half dollars. The approval process is the most important aspect of our infrastructure plan. We have to shorten the approval process to under two years. We have to take care of overall communities. You get it passed before midterms . Gary we think we have a good chance. We have been meeting with republicans. It has to be a bipartisan plan. We have momentum. Everyone is excited. We know how important it is. It is going to affect every american citizen. It polls at 84 positive. Everyone is excited except for the treasury people. Jon the fi ....
Questioning. Im sarah kelly. Its great to have you with us. Alexis tsipras is back in athens and back in the office. He needs to be. He has two days to push a very harsh bailout agreement through parliament. It can pave the way for the third rescue package in five years. Eurozone leaders and german chancellor Angela Merkel says that the press must be under no illusions. There will be no new cash. One round of talks is over and then rest are getting underway. The 19 finance ministers are discussing immediate aid for greece as a stopgap measure until the bailout deal takes effect. There are a lot of loopholes to close and time is of the essence. We thought the beginning of the negotiations is automatic. It is absolutely conditional by the decision of the greek government and the Greek Parliament. The issue today will be bridge financing and i for see those negotiations being v ....
He let his followers to the questioning. Im sarah kelly. Its great to have you with us. Alexis tsipras is back in athens and back in the office. He needs to be. He has two days to push a very harsh bailout agreement through parliament. It can pave the way for the third rescue package in five years. Eurozone leaders and german chancellor Angela Merkel says that the press must be under no illusions. There will be no new cash. One round of talks is over and then rest are getting underway. The 19 finance ministers are discussing immediate aid for greece as a stopgap measure until the bailout deal takes effect. There are a lot of loopholes to close and time is of the essence. We thought the beginning of the negotiations is automatic. It is absolutely conditional by the decision of the greek government and the Greek Parliament. The issue today will be bridge financing and i for se ....
Gains. We have Big Technology shares, higher. Nasdaq is up one half of 1 at the moment. S p 500 gaining half of that, thousand like her of the day up 2 10 1 10 of 1 . Materials, various agricultural stock has led gains here. Thats notably ahead of what is be a canadian rates increase coming up later this week. Many of the fertilizer stocks are well out of that following that. O watching bond markets there is a lot of discussion about what is going to happen now. Increase inseen an yields over the last couple weeks. There is debate about whether that will continue or not, julia, with a lot of split opinions. Jennifer im sure they will julia im sure they will continue to be split. Lets move on to our top story today in washington. Congress is returning from the july 4 recess tax reform and other key agenda items before another recess in august. Joining us now from capitol hill is sahil kapur. Weeks forritical few this august recess. ....