Tom good morning, this is bloomberg daybreak europe, im Tom Mackenzie in london. These are the stories that set your agenda. Iranian News Agencies confirm the countrys president Ebrahim Raisi and the foreign minister have died in a helicopter crash. The death of hardliner raisi adding further uncertainty to a region already in turmoil. Taiwans new leader urges china to end the threat of war, as he assumes the presidency of the democratic island. Asia stocks rise in european futures point higher as copper and gold both hit fresh records. Investors bracing for another busy week of earnings headlined by ai heavyweight nvidia. Before we get there, the earnings front crossing the terminal, ryanair a beat in fullyear earnings, full revenue at 13. 4 4 billion euros. Above the estimates of 13. 3 8 billion. Ryanair approving a 700 Million Euros Share Buyback. The final Dividend Per Share is coming in at 0. 178 euros. They saw customers coming in at a modest beat on the customer level. In terms
Elements of financial documents or financial opportunities that lowincome communities have, they will be informed and literate about how much to borough and what opportunities they can take advantage of it. It will be impactful for us in areas where we experienced severe hurricanes and natural disasters that will be impacting our community for a long time. This provides for Economic Development, job creation and commercial real estate development, affordable housing, home ownership, community development, Financial Services, basic Banking Services and Financial Literacy training and helps native americans through providing for financial assistance, Technical Assistance and training to native americans. Tities proposing to become part and they provide direct investment and provide training that provide loans Investment Financial Services and Technical Assistance to underserved populations and i can assure you that the inequities in banking in lowincome communities that the access to ban
Our stop story, markets under pressure. Theyre taking a lead from whats happening around the world and that is declines. The dow caught to open at 100 points low. 94 to be exact. S p by 10 points. Lots of red overnight. China devalued its currency for a fifth day in a row. A lot of folks pointing to that, the shanghai composite down 2. 8 in shenzhen. And another index over there, Even Stronger down 5 . Hang seng in hong kong down 1. 3 . And nikkei down a percent. Lets show you whats happened in europe, beginning the trading week on a lower note, with the dax in germany down more than 1 . Its sort of a risk opt day. Buying the yen and selling stocks around the world. Lets dive into the asian market. Sri jegarajah joins us from singapore. Good to see you. The Chinese Markets once again in the cross hairs of the selling pressure. Shanghai composite. A couple of factors pressuring stocks. Nothing concrete drawing a line under the Global Economic slowdown from the g of the 20 in shanghai. W
Have left its promise unfulfilled . For the next hour, youll find out on the africa opportunity. In africa, the optimism is infectious. The Natural Resources seem limitless. The population is young, growing, and educated. Yet today, the africa rising narrative is in doubt. Squeezed and Foreign Investors are pulling back. Is there a bull case to be made for africa . That is one of the questions we sought to answer in cape town. President ald caprica, of the African Development bank and now advises pdg, and sudanese billionaire. It is tough to make decisions for some countries, but africa has been there before. People misunderstand what has been happening with this continent. 1990 was known as the lost decade or 10 years of mayhem and decline occurred. 0 two today, african economies are larger. Now that is not going away because of the crisis. Example, the an fourth fastestgrowing countries in africa today have no fiscal dependence on commodities. There are a number of countries that hav
And excitements we have to capture channel the future of our communities. To get people in school. Teach young people how to read. If we get people at grade level reading we will be strong. First learn to read and then lead to report read to learn. The person that reaches out learn so much more about the preconceived notions and how long they work. That makes us all better to be the mayor they say that poverty is an education. The strategy for violence is education. And i think intolerance you could say the same thing. Its education. I have to bring this to a close. Please join me in a flanking the panelist and i will turn it back over. Thank you for your kind introduction and for your wonderful leadership with sacramento and as Vice President the wonderful leadership in the United States conference of mayors. I wore a bulletproof vest on the walk to columbia which made it a little more difficult for. And when of the proudest moments in my life. Reverend price, my fellow mayors , citiz