In english it sounds good, gender champions, this is an informal organization, an informal structure, it was born here in geneva, but now there are already divisions in new york, vienna, nairobi, paris, in my opinion, this is very useful, because if the head of an organization becomes this gender champion and says that yes, i want to ensure complete equality of men and women in my organization, this already helps change the situation in many organizations. And im always very pleased to hear when everyone says thats exactly ensuring this gender equality makes the decisionmaking process within the United Nations more effective, faster, sometimes more balanced, wiser, and so on. And today , together with you, i would like to remember the heroines of the formal power program, outstanding women who were born in the 20th century. The burden of becoming political leaders in their countries, heading a state, government, leading Large International organizations, many of them were the first wom
Seeking 1 billion to get out of its iron ore joint venture in brazil. Betty a billion dollar headache for bhp, a 7 billion windfall for jpmorganwells fargo, that really propelled the market higher on friday. Along with that inflation data. In record territory in the u. S. , what a month it has been. Lets quickly pull up the boards to see how much we gain, the s p closing at a record, the dow adding over 200 points, the nasdaq also higher. I get the feeling a lot of this will be as the markets are so high, a lot of it will depend on the news we get this week, including earnings, the higher the markets go, the more vulnerable it might be to pullbacks. And many of us have wouldhe first of 2018, we see a pullback, it has been dead wrong so far. Saying thech, biggest on record. Find the bears are throwing in the towel. Looking to see some gains with the u. S. Markets closed for the holiday monday. This is how we are faring in new zealand, about 1 5 of 1 . 72. 47 for the qb right now. Thedol
Bloombergs European Headquarters in london. Im francine lacqua. Lets get to the markets, Global Equities holding near a high for the year. 600. Is a picture for stoxx i wanted to show you automakers. Folks like an volkswagens market share reached a low. We have been talking about it all week. It did see a little bit of weakness. A sign of relief for governor kuroda. Lets get straight to the bloomberg first word news with nejra cehic. Nejra thanks, francine. Goldman sachs is said to be advancing on its biggest costcutting pushing years. According to people with knowledge of the effort, Ceo Lloyd Blankfein is calling for the push which includes firings and curbs on travel and entertainment expenses. Bonds are inyield the midst of their worst twomonth selloff since 2014. Investors say they have yet to fully price in the risk of default. Speaking in washington, the governor of immediacy set of corporate debt burden is heavy, is not veryrage high. Federal reserve bank of atlanta president D
[applause] this of this going to make it easier for these wide man gaps semiconductors to go from the drawing board, the factory floor, the store shelves without necessarily the stores shelves. What i just saw, for example, or these really big piece of equipment, test Utility Companies or windmills translate the power that they are generating demand actually committed transmitted to where theyre going to be finally used it will bring together shift designers, manufacturers with Companies Like exxon and delphi the stand to benefit from these technologies. And this will help the companies but it will also help Small Companies because they will be able to use equipment that otherwise would not be able to afford and test a prototype new products and, of course, American Workers will be able to come right here to North Carolina to learn the skills that companies a looking for. In the next generation a manufacturing will be an american revolution. So in the coming weeks to be launching to mo
Who have ties to al qaeda, or are affiliated in some way, i think some of those players were involved in what happened in benghazi. It may depend onit may depend oe ties are. I would tend to agree with senator feinsteins reaction. I think it oversimplifies matters to say we had no involvement and it oversimplifies things to suggest the core al qaeda planned this because i dont think that is the case. Host does it matter . Guest it does matter in the sense that we want to know exactly who was responsible and we want to know whether there was any al qaeda instruction so from that point of view it does matter. From the point of view of if they are not affiliated with al qaeda do we not need to worry about them so much . I dont think thats the case. One of the things we we are all in agreement on is the role of onstar alsharia Organization Part of which we were counting on for some security. Its almost worse if people that we were counting on to help us turn around and attacked us. From th