East holds. You cranian ukranian authorities dispute this. Im phil lavelle at the Venice Film Festival. We are about to find out who has won the big prize, the golden lion, join us shortly as we go through the contenders. He only took over the presidency in june. Egypts president has been forced to explain himself on television. They suffered a massive blackout on thursday morning in cairo, and protests quickly followed. Here is some of what abdul fatah alsisi had to say. Translation we should be aware that part of the crisis cant be remedied overnight. Let me remind you of my contract. I said we, egyptians have insurmountable obstacles to overcome, and we cant do it without your support. Lets get a point of view from a journalist who suffered. I think you got your power back. Tell us a little about the scale of the problem. The scale of the problem is that food is going bad in restaurants, and people go to eat, and the stuff people are suffering in hospital because of the lack of elec
Taking a breather as german chancellor Angela Merkel takes a breather of her own. She is in china, gentlemen. What you think of that . . Ny comments moving on. No Economic Data in the u. S. No earnings to date here in the u. S. A couple of items of note, in spain, the running of the bulls kicked off have you done that . No. That is crazy. On a more serious note come and i did not realize this, today marks the nine Year Anniversary on londonsombings transportation. That was a very big deal. Do and after the fourth of july data check. The euro under. Stayedh ukraine, subdued. That, 10. 32ok at means more complacency. Near 111. E lets go to the bloomberg terminal. We will talk about this and this hour. Two year yield from 2011, down we go. There are these breakouts. This is the last peak, somewhere in september. Up we go again, the two year yield. We will talk about that this hour. Can yields break out . We look at the websites and scare the front pages. Adam johnson has our front page. T