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114. 8 versus the expectations of 113. 9 so slightly higher. Looking also at expectations in 102. 2 for the month of august. Thats in line for expectations and sil to what we saw in month of july. The greek crisis and political impact in germany at this point doesnt seem to have had a big impact on german business sentiment. Expectations for july at 102. 3. Lets get more on this. Joining us on the phone. A pleasure to have you on the show today. Will german business have to look elsewhere if china continues to weaken . That seems to be one of the Big Questions when i speak to economists. At th...

On the news of his departure. This is bloomberg surveillance and im Francine Lacqua in london. First, lets quickly check on your data. Prices across the board quickly tell us the story and the mood. We also had possible sanctions on north korea being discussed. The dollar is gaining and treasuries are falling. Of course, the north Korean Missile test failed to materialize and Hurricane Irma struck the u. S. With less force than feared, which is why the gold yen and swiss franc are falling. Reporter was korea has warned of retaliation if harsher sanctions are approved against the country. Is jo...

Billions of pounds into the economy. Joining me on leaders with lacqua, former bank of england governor mervyn king. Thank you so much for speaking to bloomberg tv. It is always a great pleasure. What lessons have we learned . Learned thehope we lesson that this was bigger than financial crisis. It represented a serious problem in the world economy. I think that is the most important lesson. Second, we learned we need to worry not just about the amount of Equity Capital banks issue, we need to limit the leverage, but we also need to tackle the problem that banks are inherently unstable. People...

Thank you so much for speaking to bloomberg tv. It is always a great pleasure. What lessons have we learned . Mr. King i hope we learned the lesson that this was bigger than financial crisis. It represented a serious problem in the world economy. I think that is the most important lesson. Second, we learned we need to worry not just about the amount of Equity Capital banks issue, we need to limit the leverage, but we also need to tackle the problem that banks are inherently unstable. People take their money out, or they dont roll over there letting, and we need to do that. Francine did we see ...

Rates to near joining me on zero. Leaders with lacqua, former bank of england governor mervyn king. Mervyn king thank you so much , for speaking to bloomberg tv. It is always a great pleasure. What lessons have we learned . Mr. King i hope we learned the lesson that this was bigger than just a this was bigger than just a financial crisis. It represented a serious problem in the world economy. I am sure not everyone sees it that way, but i think that is the most important lesson. Second, we learned we need to worry not just about the amount of Equity Capital banks issue, we need to limit the le...