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Show our deep remorse. 70 years on japans Prime Minister on the suffering inflicted during the second world war. Plus. In ramallah in the occupied west bank where its hoped this recent archeological discovery could lead to a boom in tourism. The u. S. And cuba start to hold regular meetings from next month. U. S. Embassy was officially reopened in havana on friday with a formal flag raising ceremony. The u. S. Broke off diplomatic ties in cuba in 1961. After its revolutionary leader fidel castro took the country closer to the soviet union. Despite the warming ties between the two cuban issues leaders say big issues remain. I discussed with the secretary of state that the total lifting of the embargo in our view is essential to be able to have normal relations between the countries. As well as a focus on the territory that is being usurped from our country and guantanamo and compensation from the u. S. To cuban citizens because of ....
The market, fear the market, follow the market, that is living to Deputy Governor of the bank said today. Do we fear the market, or trust it . Lets have a look at how we are seeing the rebound affect commodities. Up goes copper. We are also seeing oil on the rise. U. S. Supplies and it down for the Third Straight week. Up to 43 ais barrel. I want to focus in on currencies, we are seeing when dollar bounce back yesterday the market in europe was lower, but the u. S. Is actually having a come back. Were refactoring potentially when we might see hike. Aid hike fed rate to movehe dollar starts a little bit higher. The euro lower, having been up for them a percentage point yesterday. Bonds we are seeing risk appetites. U. S. Similarly, yields are on the rise. Money going into italy, money going into spanish debt as well. Lets have a look at some of the stocks hardest hit by china ....
Francine welcome to the pulse , l ive in london. Im francine lacqua. Coming up later in the program we speak exclusively to the zalando managing director rubin ritter as his company beat secondquarter sales estimates. Francine after that, we will speak to the rwe chief finance officer. Make sure you stay tuned for both these interviews. Manus a rare briefing has been held in china. As the central bank worst to restore calm following the devaluation of the yuan. Francine the currency experience its worst loss in two decades as the peoples bank of china says it would intervene. The Deputy Governor also in charge of the foreignexchange told the media respects the market, fear the market. He did not mention intervene the market. That is probably what he was thinking in the back of his mind. Manus indeed. And try to get some sort of market context. Class test. Lets talk to mark. Weve seen a little bit of a bounceback. Mark lets start ....
Conversation on top headlines. Heres Brendan Greeley. Brendan china is stepping up its verbal support for the yuan stemming the currencys worst fall into decades. The Central Bank Held a rare press briefing today. Officials said theres a reason for the depreciation to persist. Plus the bank said it will take action when there is excessive volatility. Concerns a good cause instability in china. There is a surprise from greece this morning, the government says the economy unexpectedly in the Second Quarter. Economists forecasted it would shrink. The economy have been crippled by months of haggling over the bailout. The greek armament is preparing to vote on the new bailout package. New spending cuts and tech hikes tax hikes. The rest of the euro has devote. Former president jimmy carter undergoing treatment for cancer. ....