being lent but also the money that banks are parking at the e.c.b. that s to stay at zero point four percent minus that is banks have to pay the e.c.b. to take care of her money overnight and also drag he has spoken already of a substantial worsening of the outlook for expansion and so the e.c.b. is taking drastic measures it s prolonging these super low interest rates at least until the end of the year that means the first rate hike now twenty twenty before the message was possibly after the end of the summer and it s providing new ultra cheap long term money for banks it s renewing a program for that and that s supposed to help expansion as well only bounce thank you for this update the u.s. trade deficit surge to a ten year high and twenty eighty and that s a blow for u.s. president donald trump who claims that slapping tariffs on
a community against producing armaments and i d like to put armaments in scare quotes here the reality is that we re short of money that we need to fulfill our responsibilities. and it may appear perfidious to some but we re busy building a child daycare center and renovating a school and our financial contribution to that is missing the. most involved and to the constant delivery delays people want to know whether the finished patrol boats can be delivered are not. and if the rest can then be built or at the shipyard will have to launch from other bios and she caught some fresh business instead. and that s it from me and the business as a team. for coming up.
a supply chain for the task. the four hundred one phone system by mutes obviously the suppliers now want to hear what s going to happen and when and the workers want to know how and when things will happen or when do we come up produced work hours when and when you touch it all up commercially it s an enormous strain for the shipyard to have to deal with here to fuck off not to mow. the shipyards hometime evolved is also suffering under the export. on pain of death and its suppliers are the largest employers here the slump in pain as income has led to a shortfall of millions in the times budget money are gently needed to repair school buildings for one the tired mayor has come under a barrage of criticism for speaking out about the problems listen to all of the is that we re short of money that we need to fulfill our responsibilities and this defeat isn t the end it may appear perfidious to some but we re busy building
boats for the saudis that invested millions of euros in the equipment needed to build them. the money also went into building a supply chain for the task. the ones whose money it s obviously the suppliers now want to hear what s going to happen and when and the workers want to know how and when things will happen when do we come are produced work hours when and when you touch it all up commercially it s an enormous strain for the shipyard to have to deal with for tough not to mow. the shipyards hometown of august is also suffering under the export ban. and its suppliers are the largest employers here the slump. has led to a shortfall of nearly. in the times budget money are gently needed to repair school buildings for one the times mayor has come under a barrage of criticism for speaking out about the problems. i m trying to balance the health and prosperity of
public in a court and not just make accusations while way itself says it s innocence that the accusations of the americans equal basically a corporate death warrant that this was a last resort although when you look at it when you look at the history of similar cases u.s. courts have generally not decided against washington and security matters in other news only all eyes are on the e.c.b. this is that the press conference with this president maya druggie after the council meeting today in frankfurt has just gotten on the way we know the interest rate is going to stay at zero percent what else are you hearing. well in the building that you see behind me here the press conference is going on as we speak and besides the zero percent for banks lending money from the e.c.b. and we have mario draghi right now in the picture as is explaining his policy in the outcome of the council meeting to the public it s also not just about the money