the future investment initiative conference in saudi arabia following the killing of journalist john mica shockey the german engineering giant is one of the last companies to decide against sending its top executives to the davos in the days it many companies including j.p. morgan and ford had previously pulled out of the event as has u.s. treasury secretary statement. italy is here to stay prime minister because he says his country won't leave the european union but that it will stick to its deficit hike that's despite e.u. criticism he argues the economy needs a lift biggest member state germany has warned room to be careful with debt and moody's has cut italy's credit rating by one. it's a difficult position that you use economics commissioner pierre moscovici see says that italy should decide its own fiscal policy but he has a stipulation. on the other hand it has to respect a common rule e.u. countries have done for ten years policies that are left out that's what makes us all part of the eurozone when all the problem is that rome wants to borrow three times the amount of fresh cash

some high profile business leaders are reviewing ties with saudi arabia of the missing journalist john mica shonky the head of ranchera company who has pulled out of an investor conference in the capital riyadh this month but his billionaire richard branson says he's suspending two directorships thing to tourism projects them presidents also putting discussions on hold of a plans to invest a billion dollars in a saudi space program and a senior u.s. official has told reuters that major u.s. defense contractors had expressed concern for the trumpet ministration that lawmakers would block further arms deals with riyadh over this missing journalist so trump had this to say yesterday. they're spending one hundred ten billion dollars on military equipment. things that create jobs like jobs and others for this country i don't like the concept of stopping an investment of one hundred ten billion dollars into the united states. because you know what they're going to do they're going to take that money and spend it or russia or china or someplace else so i think there are other ways if it turns out