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But whoever wins faces a monumental challenge of reviving Investor Confidence in south africa and revitalising an economy which has been left in tatters by zuma. The current president inherited an economy in distress in 2009, but he also made it worse. Under his leadership, which has been defined by corruption and the weakening of the countrys institutions, south africa has endured two economic recessions in less than a decade. Unemployment stands at a whopping 27. 7 , the growth forecast for this year isjust 0. 7 , and Government Debt is more than two trillion rand. The dire state of the econ...

Stake. The head of our board has decided not to renew that agreement. Standard Life Aberdeen sees red after a 100 billion pound contract is ditched. And the end of the road for jacob zuma the South African outgoing president resigns ahead of a nonconfidence vote saying the anc should to the have forced him out this way make no mistake, no leader should stay beyond the time determined by the people they serve. Good morning airbus shares have taken flight to the top of the stoxx 600 after the Aerospace Giant reported a rise in fullyear operating profit and issued a bullish forecast for 2018. The...

These are your markets. We see a little pressure on the stoxx 600. In treasuries,. 0297. We will delve into that deeper and what that means for kuroda. We are getting breaking news. The conference number a touch below estimates. Look at the markets and it is not having them a seven impact. Coming up, the chairman of geo group joins us. We also speak with jeffrey you. , imtle bit later today excited about this interview. Conversation with the latvia governor. First, heres nejra cehic. Theresa may and colleagues will try to thrush out an agreement on what kind of trade deal they wont the Europea...

Shatter at key support level question mark Second Quarter revenues are not as strong as the ceo would have liked. Matt miller will interview the man himself later this morning. What is going on at ficc . That is the rest are from the markets. 30 minutes into the trading day, this is how we are looking on the futures, little bit lower. There is a veritable feast of delivery from the corporate world. The question is how have we run an done on the european equities, the euro is rising. Asked is erica did not the one of its big trials astrazeneca did not meet one of its big trials. Bit a beat. Sto...

This is daybreak asia. I am betty liu in new york, where it is just after 7 00 p. M. Charlie it is just after 7 00 a. M. In hong kong. It feels like summer. Quiet in the markets. We have the trade figures of china and the trade balance in japan. Betty those are the big numbers to watch. Big market moving event. In terms of here in the u. S. , it mergers of a focus on that may or may not happen and specifically a look at Berkshire Hathaway and what they may be eyeing out on the horizon. Oil Prices Energy prices in particular in focus. Despite the drag, the market still managed to get out the ga...