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June 21, 2024
Their decision as they accuse the lender of not cooperating in their probe. Our position is always to cooperate. We have robustly responded to the allegations made against us and thats going through the courts. This is the next phase of that. Egyptian stocks hit new highs as they benefit from Lower Oil Prices. In the next hour he explains how the world views his country four years on from the arab spring. Civilized which is influential to its other neighbors. This is the new egypt. Indian stocks...
June 21, 2024
Split the ceo and chairman roles. Frederick keeps his job while Vice President steps in as chairman. Lets get out to one of our top stories today. Chinese stocks suffered the worst drop many more than six years led by the countrys three largest broke ages have been banned from opening new trading margins for three months. It follows a investigation into high risk activity. Joining us live from beijing on the latest. Hi. Thats right. It is driven by a crack down on margin trading here. The countr...
June 21, 2024
Country where the price is oil is already even lower and reports of people in the field saying the price is much like it might be with credit, what you pay for it at this point. A stunning decline here. I use the word stunning because this is not a financial crisis. This is not a recession at least in this country. This is a situation where contributing factors have pushed the oil price out. Everybodys jumping ship. Look at the traders. The funds. For moving out of the space. Im sure a lot of bi...
June 21, 2024
Pim. Bond trading wrapping up at 2 15 eastern time. The saudi arabia stock markets, he has been admitted to a hospital for tests. There are reports now that sonar may have detected wreckage from the air asia flight which crashed after the weekend. It is the final day the 31st right, of 2014 . It is. Were done. This is it. Its actually the last day of 2014. Were on now for the sixth Straight Year of gains. That is the longest streak from 1991 to 1999. Lets just hope 2000 and 20011 arent on the ho...
June 21, 2024
Action. It is encouraging. It shows that the program is credible but its obviously too early to tell. And what mattered for us was inflation. Saudi Arabias King Abdullah dies at age 90 following weeks of hospitalization for pneumonia. Hes immediately replaced by his brother sending oil shares higher. Telefonica is in talks with hutchison for 15 billion. Telefonica confirms its in talk with hutchison to sell its business for more than 15 billion and its payday for lloyd blankfein. He will join th...
June 21, 2024
Stronger dollar and slowing Economic Growth overseas. Foreign ministers are said to meet in germany for a fourway summit on russia and peace talks aimed at ending military talks Angela Merkel is warning a lack of progress from russia. And the ruble dropping today. Well show you now. And millions of french citizens taking part in an historic march this weekend to pay tribute to victims of islamist militant attacks. A line of World Leaders lead the way. Arms link. Among them israeli Prime Minister...
June 21, 2024
Cnbc his company is open for business. President obama uses his state of the Union Address to call on the middle class. Asking them to workers a fair shot. Corporate leaders in davos taking a critical view on his policies. Russia does not want a cold war. He responds to obama saying his country will not be isolated by the west. They tell cnbc it remains part of the global community. We are bringing world investors into russia and russia needs to be connected to the world and the world will be a ...
June 21, 2024
The countrys finance minister backs on demands that they write off the debt. Instead proposing a swap. They send the aussie dollar to a six year low. The Indian Central Bank keeping its powder dry. Youre watching Worldwide Exchange bringing you Business News from around the globe. Hello everybody. Good morning. Welcome to a full two hours of Worldwide Exchange. Good to be back on the show. Great to have you. Great to be back. Lots going on today. Bp shares are already trading higher this morning...
June 21, 2024
Putin did this in georgia. He did it in moldova. That went for those who want to look west ward. I think for so long as you do not have offensive weapons along what is the Eastern Europe part assigned to europe, then russia is in a position, if you put offensive weapons, that changes the dynamics for russia. If all youre talking about is a defensive possibility, im not quite sure why that evokes, you know, putins actions. And well before any discussion of nato, the conversation was about ukraine...
June 21, 2024
Kind of day. The catalyst was there was no negative catalyst. There was no deterioration in Eastern Ukraine over the weekend thankfully. Ukraines and russians Foreign Ministers met for lengthy talks in berlin, with moderate progress. Iraqi and kurdish troops retook a dam in northern iraq. Gaza and Palestinian Militants have extended their truce. Dollar general bid 9. 7 billion for Family Dollar. You have a 14year high for nasdaq, and a rally in the s p 500 that took it to within a percentage poi...