A 3rd day of travel disruption with yellow bus protesters expected to join striking transport workers the government insists it will not back down from its planned pension reforms. Plus in german politics a shake up at the top Germanys Social Democratic Party formally endorses its new left leaning leaders their critics of their partys coalition with merkels conservatives we take a look at the impact that could have on germany as government. Im married to evanston its good to have you with us. We begin in australia where several bushfires have joined together north of the countrys largest cities sydney theyve formed whats being called a mega fire thats burning out. Control in an area roughly 60 kilometers across and just already say its just too big to put out bushfires are common in australia but meteorologists say Climate Change is exacerbating the fire season and theyre forecasting more hot dry and windy conditions in the coming days. Some of the flames the 30 metres high this footag
The r. B. I. Says they are ready to slash rates further. And not finding drivers. Disappointing sales growth sends uber stocks plunging in after hours trading. They report their biggest net loss ever. Matt good morning. Lets check out some of the data points you want to watch today. First off is the yen, continuing to gain strength against the dollar. The stock traded 106 earlier, now at 105. 98. A new handle on the yen as trade tensions simmer and cause investors to reach for safe haven assets. Also, europound is headed for its strongest level since the financial crisis. Pence almost there, at 98 for a euro. The pound continues to weaken against the shared currency. The u. S. 10 year yield down two basis points at 1. 70. s had been down in the 1. 60 earlier as they reach for safe haven assets. Lets check in on the markets in asia. We go to Juliette Saly in singapore. Juliette mostly positive here. Asian stocks higher for a third session. We had a pretty good beat in terms of Second Qu
Situation in the gulf and how to ensure safe passage for ships off the coast of yemen and iran let me just emphasize that we dont believe war with iran is inevitable and we dont seek war with iran. What we seek is to terrorism from destabilizing and malign activities across the region and we believe the recent adjustments that weve made to our force posture have had some effect toward that end i still acknowledge that attacks by iranian proxies are occurring against the kingdom of saudi arabia from yemen and thats a problem that needs to be addressed. Well the United Nations has called outside the arabia and the United Arab Emirates for failing to honor their aid pledges to yemen both countries promised to give 750000000. 00 of humanitarian assistance at the u. N. A fundraiser in february but the u. N. Aid chief says only a small proportion of the money has been handed over in the past 6 months saudi arabia has given just over 120000000. 00 while the u. A. E. Paid nearly 200000000. 00
Have to ask that the issue has escalated so much its become a security issue for the for congressman a very real physical security issue now im not surprised at all the fact of the matter is that for the past 3 years straight coincidentally coinciding with the president ial campaign in the 1st years of this presidency we have seen a continual freeze in hate groups in this nation and specifically. This is someone. Into this White Nationalist sort of underbelly of this nation he gives. Permission to come i will class it with their hate and to come out not only with their speech but also unfortunately with final. There was theres always been an undercurrent of resentment of White Nationalism but what has President Trump now done to bring it into mainstream politics its really interesting he seems to get a lot of his information from the White Nationalist sort of under belly media that exist you know they have their own. Eco system out here that vols various internet show is various radio
Occasions by parliament already with parliament demonstrating again its distaste for no deal and the e. U. Repeatedly refusing to reopen the existing deal the prospect remains of no breaks at all to be clear parliament here has not prevented and no deal breaks it that many experts say could be economically disastrous for the United Kingdom that would require an act of parliament but m. P. s opposed to no deal have bought themselves time in the hope of being able to take more Decisive Action in the autumn. Now defeat inflicted this a blow to the sitting government more a preemptive strike aimed at the next one journal aljazeera london still ahead on the bulletin families fear theyll be left homeless as israel prepares to demolish buildings in the occupied west bank class. Music with a message of Refugee Centers has story at the prestigious french avignon festival. Hello maybe and surprisingly the height of some produces some High Temperatures sometimes big thunderstorms and that has to