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June 21, 2024
Hello. Welcome to countdown. All. Y good morning to you Vladimir Putin addressing russia today amid the collapse of its currency and a deepening economic crisis. The ruble has rallied since hitting its lowest ever after the central bank step in to say it will help Companies Meet their debt obligations and foreign currencies. Theeaders weighing in on ruble issue. The russian crisis is on the agenda. Obama. President barack will not be helping putins case either. He is said to sign a bill pushing ...
June 21, 2024
Senator harry reid is recovering from a fall yesterday in which he broke several ribs and facial bones. The accident occurred when he was exercising with a fitness band which snapped causing him to fall. The nevada senator who is a former amateur boxer was released from a hospital and will travel back to washington for the weekend. Former nsa director cued alexander is speaking out against companies considering retaliating against hackers. Some companies are turning to the offense of tools in th...
June 21, 2024
Acquisitions and weapons development. Professional who drills down on questions. I think he is a solid choice. Confirmed, carter will be president s fourth defense secretary in six years. Money tories to raise 40 billion, citigroup is becoming the latest Major Company to allow workers to take uber writes on business trips. The nation of vietnam is considering legalizing uber. Sprint is raising the stakes in the wireless pricecutting wars starting this week. They are promising to cut the monthly ...
June 21, 2024
Over to tokyo. Sherry and is live. How bad the numbers were . Rish, it was quite surprising to see that revised gdp data out of japan today. The gdp shrinking an annualized 1. 9 and the third quarter. More than the initial breeding off contraction of 1. 6 first it. It was quite unexpected. Gave a the 24 economists figure that low. We had expected gdp data to be revised upwards. This figure showing the japanese economy is in a much deeper recession than originally thought. That will be a below to...
June 21, 2024
Off. The state of the consumer. The Consumer Confidence index is out now. The state of the consumer is strong. How the consumer is feeling. The university of michigan Consumer Confidence reading coming in at the highest level in 11 years in january. We know what has been fueling these numbers, lower gasoline prices and more job gains. People are feeling more confident that preliminary reading of Consumer Sentiment at 98. 2 the highest since january of 2004. The reading today is better than econo...
June 21, 2024
To the pulse. The greek fiscal odyssey moves on to germany today. Graces finance minister will meet the ecb president in frankfurt today. Lets get to our international correspondent, hans nichols in germany. What kind of a reception is he going to receive in frankfurt . Who is going to be the first dimension tbills . I guess varoufakis has to mention tbills because he has to figure out some way to finance. This entire longerterm payoff deal in maybe april or may, or even june, hinges on their ab...
June 21, 2024
That is not a very pretty chart. And the bayer case, several came out of hibernation today. Today we found another one. Shes going to make her case on why she is so confident stocks will go lower. But she is bullish on one sector. All of that is straight ahead. Tyler continues on vacation. Simon is my partner again, hi. As you say, theres a lot for the markets to react to. We have an upwards revision of gdp. A drop in initial claims this morning. We have the bases covered with International Corr...
June 21, 2024
Be a small part of the discussion at todays summit ukraine ceasefire and terrorism will dominate the thoughts. Yesterday, finance ministers were unable to reach an agreement on extending the aid package to greece to expire at the end of the month. Cisco shares enjoy a big rally, hitting it ties double in seven years. Revenues were up 7 and John Chambers is company is growing again. We in an industry that will change the way the world work. The network is at the center of all technology. Now ever...
June 21, 2024
From a fall yesterday in which he broke several ribs and facial bones. The accident occurred when he was exercising with a fitness band which snapped causing him to fall. The nevada senator who is a former amateur boxer was released from a hospital and will travel back to washington for the weekend. Former nsa director Keith Alexander is speaking out against companies considering retaliating against hackers. Some companies are turning to the offensive tools in their battle against cybercrime. Th...
June 21, 2024
Terms of what were communicating. The ruble recovers from its biggest daily loss in 16 years, but russias woes claim another victim. Shares in Italys Saipem plummet. China has its biggest daily rise in over a year with banks and grocery stocks leading the way. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Brent and wti are currently trading lower after bouncing back during the u. S. Session yesterday. They are up today, up 0. 66 and 0. 23 respecti...