Price but is still banking on 40 a barrel. We are going to ask the companys ceo at 8 30 london time. The g20 story front and center. Carnies point is an interesting one. And schaeuble still banging the drum about structural reform. He sees that as the only way forward. Hans there isnt a whole lot of structural reform heading in the direction schaeuble would want in germany. Toy have all these refugees build housing for, to feed. That is a lot of fiscal stimulus. At the bundesbank, they are talking about having 0. 25 increase on gdp. Schaeuble in some ways is making the opposite argument of what hes doing at home. Guy plenty to talk about. We need to talk about the cpi story as well. Inflation, lets run you through what the market looks like with 28 minutes ago until the equity market open. Is a risk on story. It has been a risk on kind of week. Stoxx 600. 1. 2 . Ftse looks like it is opening up 1 . A littlealk basf later. Ats lets take a quick look some assets. Brent up just a little b
Baghdad where thousands were looted at the start of the 2003 u. S. Led invasion. Welcome to program, beginning this news hour in paris where the french Prime Minister Francois Hollande is trying to build support for the coalition to combat i. S. I. L. , on visit to prime minute Prime Minister David Cameron told Francois Hollande he is in favor of attacking i. S. I. L. Targets and later today Francois Hollande goes to washington d. C. And will discuss strategy with barack obama and on wednesday will meet the german chancellor Angela Merkel for help and to our correspondent Andrew Simmons and just walk us through what they have been discussing. Reporter well, the first thing they did was to go to the bataclan at the dismal seen of horrendous attacks on friday the 13th which 90 people died at a rock concert, both cameron and Francois Hollande laying single roses in homage to the victims and went to a breakfast meeting, an solemn one as well and talking about fighting i. S. I. L. On the gr
Lets speak to our editor in frankfurt. Paul if there is a surprise and here, it would be the number of hedge funds the ecb executive members have been using. The list goes on. Some people may be raising an eyebrow and thinking, who gets the most set of these meetings . The ecb or the hedge funds . The concern is out there in the market. To ecb has been struggling correct the perception. Those hedge funds have been getting unfair access dating back to the inadvertent release of information back in may. They may 18, when disclosed sensitive market information. There were new guidelines issued october 6. What are the tricky guidelines balance . You want them to understand exactly what is going on out there. There needs to be some balance. They need to say the right things at the right time to the right group of people. Paul it is a matter of perception, balanced against getting the right people. Look at december 31 bc be ecb announced policy stimulus. The markets misunderstood what they w
Ten empty chair are now known to have died in a bomb blast in the largest stir istanbul. It happened in the district, an area known for his toric monuments. It is popular with tourists and eight of the dead are german. The explosion was so large it was heard several kilometers away. Shortly after convened an Emergency Security meeting he says the suspected bomber was a member of isil. Turkey was already on high alert after a series of attacks blamed on isil including a double suicide bombing in october, that left more than 100 people dead. First here is the report from istanbul been. And square is in the heart of istanbul, millions of tourists gave him wonder of the blue mosque many the museum. It was the suicide bomb, yeah, i went there and saw it and came back to the hotel in chaos. Everyone was running around. Police didnt see this coming they were upset but at the same time they were trying to evacuate the area, because they said a second bomb can go off. The person traitors othis