Thatdominated yesterdays action, that along with chinas currency move. Overnight Chinas Central Bank setting the yuan mid point firmer than many expected. That happened at 9 00. We saw a turnaround in u. S. Equity futures which were down overnight as much as 600 points at the lows. Right now a positive open across the board. S p looking to be up by 11 points dow jones up by 102. The nasdaq looking to recoup 44 points as for u. S. Treasury yields, we saw a 2016 low also. We had the tenyear note at 1. 758 overnight we breached that 1. 7 level. A key level here. We have cnbc reporters everywhere this morning covering the Market Reaction to this escalating trade war willem marx is in london well get to him in a moment, but across the world to china. Eunice yoon is on the ground in beijing. Reporter china strongly opposes being labeled a currency manipulator. The central bank, which manages a floating currentry cy exchang rate called the move unilateral protectionist behavior that violates
Russias more wellknown critic of the kremlin has arrived here in germany after he was given a surprise card surprise pardoed by president Vladimir Putin. He was escorted to a waiting aircraft in a hushhush operation work out behind the seasons worked out behind the scenes by the German Government. It is unclear whether he still harbors any political ambitions. He was welcomed by former German Foreign minister who worked behind the scenes to secure his release. Russias most political prisoner most famous political prisoner arrived in the afternoon. Hours before the former oil tycoon was released from a prison camp near russias border with finland. He apparently immediately boarded a flight to germany. But even a day after russian president Vladimir Putin unexpectedly announced his pardon and release, many questions release questions remain. He had asked putin for a part in citing family reasons. He also said that signing Event Mission of guilt was signing an admission of guilt was out o
Given at least a thousand protesters have painted tank protests have both a spilled over to belgium. And watching data to d. W. News live from berlin wall coming at the top of the hour and dont forget you can get all the latest news and information around the clock on our website thats it up if you dont come and join me. On the. Prairie to me. Not everyone who writes books has to go insane. T. W. Literature list a hundred german must reads. A news analyst. Just gets. Us. All to shake hands not to these
kind. Of boxes. People who put big dreams on the big screen. Movie magazines on d w. They were summoned and they came german Car Industry Titans called to the white house to make the case against higher tariffs on european made cars they werent initially expecting to meet the president but in the end he too came heres how dimer c. E. O. Dieter zetsche of described the encounter. That meeting with the president is very interesting. He can. Come in this country. Of course his objective is
They were summoned and they came in german car industry titans called to the white house to make the case against higher tariffs on european made cars they werent initially expecting to meet the president but in the end he too came heres how diamond c. E. O. Dieter zetsche had described the encounter. The meeting with the president is very interesting and he clearly said that we have come in this country. Of course his objective is to see more jobs there and more activity here which is in accordance with our plans a sentiment echoed by the automotive leaders in washington vokes wagon is even considering a plan that would see It Build Cars in fords u. S. Factories and produce electric vehicles in the u. S. For corporation to really build up a Global Alliance which also would strengthen the American Automotive industry but the specter of trans promised tariffs is still a cause for concern for germanys association of automotive manufacturers according to them additional tariffs would brin
All into perspective for us thanks. Youre watching the news from a but plenty more coming up at the top the hour and was given on our website at e. W. Dot com im not free in balance very easy. Look. Natural riches are precious resources. And a rewarding investment. Farmland has been called ethiopias gringo. The country has an abundant supply and leases it to an International Group giant. Government to try export revenues and the corporations high profit margin. But not everyone benefits from the booming business. And execution of
environmental destruction starvation and. The selling out of a country dead donkey. Carts december twenty ninth on t. W. To get that. They were summoned and they came german Car Industry Titans called to the white house to make the case against higher tariffs on european made cars they werent initially expecting to meet the president but in the end he too came heres how dimler c. E. O. Dieter zetsche had described the encounter. The meeting with the president