Apple insists that it pays every dollar it owes after the Paradise Papers. Yousef it is 8 00 a. M. In dubai. I am yousef gamal eldin. I am david ingles in hong kong. You are still on the ground. The talkingugh points and how the narrative has changed in the last 24 hours. Yousef we started with shock and awe, now commentary from President Trump saying the Saudi Administration knows what they are doing. From thecement attorney general saying there could be more to come. There is a lot of rhetoric around tensions with iran. Let me show you the currency forwards. This is 5114 on the bloomberg. The 12 month forwards come look at that spike above 200 points over spot, the highest it has been since summer. We will get more Market Reaction later in the program. What are you looking at . David this time yesterday we did get an update following what is happening. In a share, you look at this rally. Up with wordscome to describe how stretch to these markets are getting. And you look at earnings
Discuss venezuelas economic crisis the country is on the brink of defaulting on its debts with many saying its not a case of if but rather when the Government Debt currently amounts to one hundred fifty billion dollars then as well as one of the Worlds Largest exporters of oil but plummeting prices and mismanagement have crippled the country. But bank note that symbolizes the magnitude of venezuelas economic crisis earlier this month the countrys president unveiled the one hundred thousand dollars bill its worth about two dollars thank you year ago the one hundred bolivar bill was the countrys largest but inflation has skyrocketed the only thing growing in venezuela these days some jest is the number of zeros on the banknotes Everything Else like food and medical supplies continues to shrink lack of hard currency has left the government unable to pay for imports the countrys debt has become unsustainable president Nicolas Maduro is hoping to convince foreign creditors of his proposals
A case of if but rather when the Government Debt currently amounts to one hundred fifty billion dollars then as well as one of the Worlds Largest exporters of oil the plummeting prices and mismanagement have crippled the country. But bank note that symbolizes the magnitude of venezuelas economic crisis earlier this month the countrys president unveiled the one hundred thousand dollars bill its worth about two dollars. A year ago the one hundred bolivar bill was the countrys largest but inflation has skyrocketed the only thing growing in venezuela these days some jest is the number of zeros on the banknotes Everything Else like food and medical supplies continues to shrink lack of hard currency has left the government unable to pay for imports the countrys debt has become unsustainable president Nicolas Maduro is hoping to convince foreign creditors of his proposals for restructuring it. I dont think i dont tell the investors of the world the holders of venezuelan debt i have the moral
Its debts with many saying its not a case of if but rather when the Government Debt currently amounts to one hundred fifty billion dollars and as well as one of the Worlds Largest exporters of oil the plummeting prices and mismanagement have crippled the country. Banknote that symbolizes the magnitude of venezuelas economic crisis earlier this month the countrys president unveiled the one hundred thousand dollars bill its worth about two dollars only a year ago the one hundred dollars bill was the countrys largest but inflation has skyrocketed the only thing growing in venezuela these days some jest is the number of zeros on the banknotes Everything Else like food and medical supplies continues to shrink lack of hard currency has left the government unable to pay for imports. The countrys debt has become unsustainable president Nicolas Maduro is hoping to convince foreign creditors of his proposals for restructuring it. Out of him but only for the investors of the world the holders of
Its debt with many saying its not a case of if but rather when the Government Debt currently amounts to one hundred fifty billion dollars and as well as one of the Worlds Largest exporters of oil but plummeting prices and mismanagement have crippled the country. Thank you note that symbolizes the magnitude of venezuelas economic crisis really early this month the countrys president unveiled the one hundred thousand dollars bill its worth about two dollars only a year ago the one hundred dollars bill was the countrys largest but inflation has skyrocketed the only thing growing in venezuela these days some jest is the number of zeros on the banknotes Everything Else like food and medical supplies continues to shrink lack of hard currency has left the government unable to pay for imports. The countrys debt has become unsustainable president Nicolas Maduro is hoping to convince foreign creditors of his proposals for restructuring it. Out of him but only for the investors of the world the h