To grow the economy over there. Israels gdp expands less than forecast. This is becoming a habit. Germany contracted. 20. France was flat. Italy also shrank. Economic data, 10 00. Earnings, really only urban outfitters. Lets do a data check. Futures update, 10 year yield up. Brent crude is lighter. Onto the next screen. Resilient equities. , resilient equities. Dow jones, 16,663. Michael mckee will be out there. A great moderation. Basic chart. This is the zero bound. This is your fed staying at zero Interest Rates for a long time. So many ramifications of that. Much longer will the line extend . Does it continue into 2016 . It is the debate that keeps us employed. Eventn extraordinary since 1 00 this morning. Ferguson, missouri had its worst night of violence. The National Guard was called out. Jay nixon was ordering the guard to restore peace. Night, hours before the midnight curfew, Police Used Tear Gas to break up protests. I say they came under attack and gasoline bombs were used.
Welcome to countdown, i am and edward. Good morning. The fbi is investigating a coordinated computer hacking attack that targeted jpmorgan and for other major financial institutions, according to officials familiar with the matter. It is believed that the hackers were russian and were retaliating against u. S. Sanctions against moscow. They have stolen data. This comes down to proving who possibly attacked jpmorgan and it has not been decided. The trail is muddy. Investigators are considering the possibility that it is cyber criminals from russia or elsewhere in eastern europe. The fbis involved, the National Securities involved. You may recall the u. S. Considered sanctions or not against russia. Could it be that statebacked hackers do they have the sophistication . The sophistication level with which this has happened is a hallmark of a professional. Apparently a Software Flaw allowed hackers to get in and Remote Control computers. It is apparently something that a hacker is not able
Pay a price for its actions in ukraine. That comes as u. S. President obama blames moscow for the crisis. Welcome to countdown. Get to our top story this morning. Our exclusive interview with the german finance minister wolfgang schauble. European central bank has run out of ways to help the eurozone. With bloomberg at the Business Leaders conference. Is sayingrio draghi again and again is what is needed is reform. It is not for the ecb to implement. There is a government. We agreed. Monetary policy can only buy time. Problems asderlying a matter of fiscal policy in this globalized economy. We have the competitiveness. If you look at whats going on , its veryal economy important that we all know in to do this we have again and again to enhance competitiveness. If we are complacent even in continueif we do not to enhance our competitiveness, we will lose. Should the ecb do more to fight inflation . I do not think they have the instruments to fight inflation, to be frank. Interest rates
Welcome to countdown. It is just 6 00 here in london. Coming up, the Israeli Basketball Team with big plans for cracking america. How they are making a play for the big time. Our top story, democracy protest in hong kong luck to streets and divided the city for the two months and it is coming to an end. Baliffs have moved in the last remitting site. Live from hong kong with the details. This hour,nd that at 6 00 here in london, and this hour has been targeted as a key deadline for the protesters in hong kong. Yes, where Hearing Police that now announcing protesters and others who should not be in the area should be leaving immediately. They have announcing this at regular intervals for the last hour. They said able start clearing this site very soon, maybe in the next five minutes. What has happened today is that part of the protest site was covered by an injunction in that part was cleared this morning by some people who are authorized by the company to do so and they were watched by
Right now they suggest the dow would open lower by 20 points. The s p will open lower by 4. And the nasdaq opening lower as well. Who is the big star for the week . You said we have a big star for the week and showed those people. They were on tuesday, wednesday and thursday. Who is the big star of the week . The week ahead. Who is on today for the big star for the week . Michelle carusa cabrera. Oh, got it. I thought that sam zell was on today. And we have the guy from wall street journal. Thats cool. I thought it was the guy who sang that song but thats jerry raferdi. Will you stop for a second. Jerry raferdi on baker street. If you dont let me finish my theres a punchline there. I didnt get it, either. No one did because no one got to hear it. A federal judge refrained from issuing an emergency order that would impart millions of General Motors cars recalled for defective ignition switches linked to 13 deaths. The judge needs more time to study briefs submitted by attorneys for two