Austerity Movement News Today

Live from bloombergs European Headquarters here in london. Coming up, we will speak gman twoo the pierre gramegna. First things first, lets check on markets, european stocks retreating. They were undecided what to do earlier but now they are down to 0. 4 . The retreating oil and gas shares japans yen surging to the strongest level in more than a week against the dollar. This is looking for signals about when we get stimulus or not. The british pound falling. Lets get to the latest bloomberg firs...

Struggle overall in the market. Opec finally cut production, this has been two years coming. Why does that matter . Inflation expectations. On redeker laying it out and Morgan Stanley today saying you get more shale investment in the u. S. And that is why this decision matters. David particularly if the deal holds. If they actually do it. Alix if optimism moves the prices that will move Inflation Expectations. My interview with james morgan, Morgan Stanleys ceo ways in on the trouble at Deutsche...

Hello. Greeces radical Leftwing Party has agreed to a deal that gives it enough support in parliament to form a coalition government. The agreement was struck after talks the between the leader Alexis Tsipras. They are seen as a rightwing grouping on the opposite side of the political spectrum from tsipras told the forces that that would not be a problem. Now we represent the nation. All the greeks will be together. In europe. Thank you very much. Well of the Greek Parliaments 300 seats, syriza ...

An indisputable fashion, annuls the austerity and indisputable disaster. At the same time, greece, at the same time still needs more financial aid. The web tech media down almost 3 in new york to a little more than 44 a barrel. Brent crude is trading below 40 a barrel. There is growing speculation of the oil got will persist. The new king is expected to maintain current production policies. Another sign that Chris Christie may run for president. He is creating a Political Action committee that w...

At t and yahoo reporting after the bell five ten minutes afterwards so well have plenty of coverage on that. Earnings continue to be a theme all day. We have also got an eye on the nasdaq which is lagging again today. Part of that has to do with the intersection of two stories right now. The stock story of the day no doubt is apple which has been crushed. Lets look at the shares at the moment. Theyre down 7. 6 . A big move for this name. There are some people who believe this is a buying opportu...

We are doing our entire living room in stainless steel. Very good. Good morning, everybody. Tuesday, october 7th. Look at that times square. Its buzzing or still is. With us on set, we have associate professor from Columbia School of university, along with willie, joe and me. Yeah. Whats up . We need to talk about what well wear, before we wear it. This is like just get it out of the way. A holiday party. Ive got to change. Its still october. Whats going on . Halloween i dont like this. This is ...

Melissa hi Melissa Frances lori i am lori rothman. Dont call a come back. Better than expected earnings and that the housing report and the second day of testimony for ben bernanke. Melissa what should that apple Shareholder Meeting do with its 137 billion in cash . We will bring you the latest as ceo tim cook addresses investors. Lori in two days the sequester it. Will you even notice . We are cutting through the sky is falling hype just ahead. Melissa new fears rising gas prices could spark th...

To worry about. >> what is the political temperature around austerity at this juncture? clearly, its tried two years now and more in some of these countries and the results have been, obviously, bad in england and other places. how do you take the temperature for the austerity movement in europe? >> the temperature has moved and needle shifted away from austerity. they could do more and will do more. you now have governments in france with francois and italy pledged to do less awe sistuste. you ...

Their focus today was sort of towards the diplomatic world. >> and so, you mentioned earlier that folks are saying that officials are saying that these might be anarchist based rather than al-qaeda based. how do they know this? >> if you look whats happened in europe over the last couple of months, theres been a lot of turmoil in greece, italy, the u.k., all based on these austerity movement thats taking place. we know that europe is tightening its belt as a result of the economic recession. the...

Deflation their. as we see commodity prices with the exception of gold falling today. weve seen stocks falling around the world. that is sending a yellow, the not red warning signal that we are at risk in a double dip recession. part of it is cure is worse than the disease. this austerity movement thats taking place around the world to a lesser extent here is really crimping the economies of the globe. china is raising interest rates. european countries as cutting their budgets dramatically even...