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Sep 25, 2013
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stephane pedrazzi is live in paris. stephane, over to you. >> yes, good morning. this year, the asx will be $20 million euros. but the difference is it will come from spending cuts instead of tax increases. in 2013, two-third came from tax increases. the next budget will be 80% from spending cuts. the prime minister claims that it will be the first time in france in 56 years that the government will actually cut spending. in terms of taxes, companies will benefit from a tax credit in order to lower the cost of labor in france. and in the meantime, workers and consumers will face more taxes. the cost of pension and social insurance is going to increase next year. will it be enough to meet the new deficit target? you know recently the french government raised its deficit target to 4.5 of gdp this year on 3.6% gdp for the next year. two weeks ago, i asked the finance minister how on confident he was in his ability to meet these new targets. >> okay. stephane, thanks for that. we were expecting a little bit of sound there, but we didn't get it. we'll watch you a littl
stephane pedrazzi is live in paris. stephane, over to you. >> yes, good morning. this year, the asx will be $20 million euros. but the difference is it will come from spending cuts instead of tax increases. in 2013, two-third came from tax increases. the next budget will be 80% from spending cuts. the prime minister claims that it will be the first time in france in 56 years that the government will actually cut spending. in terms of taxes, companies will benefit from a tax credit in...
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Sep 13, 2013
09/13
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stephane and julia, thank you for that debate.oining us now, the chief european economist at barclay's. he is actually down the line at his own offices, barclay's. antonio, we are going to be seeing higher public deficit for france. but that's a good thing, right? because the government is now promoting growth policies. >> when we keep in mind public debt is going to be hitting around 94% of gdp. there is not room for slip. they must reach a deficit of 3% low by 2015. previous to that will be the public expenditure cuts for next year, which are the most difficult ones. >> sweef seen all this french dashing going on. do you think that france is close to writing its detractors? do you think it can push away the market and the rest of the eurozone that it is doing a lot in terms of improving its competitiveness? >> so far, investors have been -- for france and reform and fiscal consolidation. they're trying first with the labor markets. remember the flex security model in the first quarter. now the pension reform, even if watered dow
stephane and julia, thank you for that debate.oining us now, the chief european economist at barclay's. he is actually down the line at his own offices, barclay's. antonio, we are going to be seeing higher public deficit for france. but that's a good thing, right? because the government is now promoting growth policies. >> when we keep in mind public debt is going to be hitting around 94% of gdp. there is not room for slip. they must reach a deficit of 3% low by 2015. previous to that...
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Sep 11, 2013
09/13
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thanks for that, stephane.ing local media reports, stephane, that they will revive down the 2013 growth forecast to 0.9% from the previous forecast of 1.2% and keep the 2013 forecast unchanged. this is a local media report. it's just come out while you were speaking. >> yeah. the target for this year was 0.1%, but it was above the average target price for economies, because most in paris believe the government won't be able to have a positive growth this year for france. so what probably the finance minister and the budget minister will announce today is that they stick to the target growth for this year, but it will be what's expected for target economies. next year, perhaps we will have a lower forecast than the original plan. >> stephane, thanks for that. we'll take a short break. the second hour of "worldwide exchange" coming up right after this. >>> you're watching "worldwide exchange" been i'm ross westgate. the u.n. finds no conclusion in syria on the use of chemical weapons. >>> investors are cautious i
thanks for that, stephane.ing local media reports, stephane, that they will revive down the 2013 growth forecast to 0.9% from the previous forecast of 1.2% and keep the 2013 forecast unchanged. this is a local media report. it's just come out while you were speaking. >> yeah. the target for this year was 0.1%, but it was above the average target price for economies, because most in paris believe the government won't be able to have a positive growth this year for france. so what probably...
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Sep 13, 2013
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stephan and i finally got married after he won his last election. ooh!m shaking the hands of a surgeon. you must be raymond. i've heard so much about you two jet-setting across the world. i'm surprised you find time. >> um, no, alexis, this -- this isn't raymond. >> oh, good. he was too pompous anyway, and i hate people like that. and if i heard one more story about him barbecuing with bill gates, i would've def-- >> alexis, this -- this is my calvin. >> oh! well, you know, calvin, every man that miranda's dated has had these amazing careers. so, what is it that you do? >> well, i'm co-owner of in the cut. >> oh, is that the brokerage firm that's cutting allocations on hedge funds? >> no, it's a barbershop. >> a barbershop? well, miranda, i need to go. stephan is probably waiting for me. do you know he just bought himself a rolls? that's "rolls-royce." it's a car. >> [ snooty voice ] yes, i know. >> it's adorable. well, maybe we can do lunch sometime. >> yeah. >> toodles. >> [ chuckles ] oh, boy. >> [ normal voice ] i thought you never married 'cause you
stephan and i finally got married after he won his last election. ooh!m shaking the hands of a surgeon. you must be raymond. i've heard so much about you two jet-setting across the world. i'm surprised you find time. >> um, no, alexis, this -- this isn't raymond. >> oh, good. he was too pompous anyway, and i hate people like that. and if i heard one more story about him barbecuing with bill gates, i would've def-- >> alexis, this -- this is my calvin. >> oh! well, you...
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Sep 19, 2013
09/13
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stephane has the details for us in paris. stephane, what's their concern?ed to tiff sell most of its stake in active vision. last week, a minority shareholder of activision claim that the deal could not be completed without the votes of the shareholders. in a statement, activision says the company remainses committed to the transaction. the video taim gamemaker is exploring all the steps that it will take to make sure that a transaction can be completed as quickly as possible. one of the option will probably be a vote of the shareholders. vivendi believes that it's just a delay, that the operation is not canceled, but it's going to probably delay the reshaping process of vivendi, which is planning to split its activities on the one side with the media business and on the other one, the telecom business. vivendi recently launched a process to study na that spin-off possibility. while not expecting any decision before the next year, but now vivendi is focused on activision. because of that court decision yesterday, we could see a delay. that's the reason the
stephane has the details for us in paris. stephane, what's their concern?ed to tiff sell most of its stake in active vision. last week, a minority shareholder of activision claim that the deal could not be completed without the votes of the shareholders. in a statement, activision says the company remainses committed to the transaction. the video taim gamemaker is exploring all the steps that it will take to make sure that a transaction can be completed as quickly as possible. one of the option...
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Sep 25, 2013
09/13
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when maryland star receiver stephan diggs makes a great play, most fans here the details on the publicddress system, what death fans like this man do not. he talked to him through an interpreter. >> often i am left out. i do not know what is being announced. >> the national association of the deaf filed a suit on behalf fellow fans. other the suit claims of maryland is violating federal law and says the school needs to write what ever is being said on the public address system on the scoreboards and jumbotron's at the stadium. and at the comcast center. in a statement, the university said in part, we certainly do not discriminate against individuals with disabilities. we offer accommodations that we believe are in compliance with the law. the university says it offers closed captioning on a special website fans can go to on smartphones and tablets it loans out. sean says that is not a solution. to usee my hands american sign language. i might get something to eat. i am having fun. i do not want to hold a handheld device the whole time. >> you cannot use it when it is raining. >> this a
when maryland star receiver stephan diggs makes a great play, most fans here the details on the publicddress system, what death fans like this man do not. he talked to him through an interpreter. >> often i am left out. i do not know what is being announced. >> the national association of the deaf filed a suit on behalf fellow fans. other the suit claims of maryland is violating federal law and says the school needs to write what ever is being said on the public address system on...
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Sep 18, 2013
09/13
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stephane thanks for that.gz is look more likely ahead of germany's election these weekend. we'll look at what has been said about possible coalition. >> nobody wants that. all i can say is that today, i really don't want it. no, i will not give it in statistical probability. >> a grand coalition isn't likely at all. spd will not be a -- with angela merkel again. we've learned from that. >> it's clear that all the members have made et clear they're backing the very successful cdu liberal coalition. >> we get enough votes, we get enough votes and that's not a question of sympathy. >> of course we're always in favor of talking to everybody. i spoke today with members of the christian democrat party. that's normal for democrats. but here we are speaking about the formation of a government. those talks will probably be rather short. >> all right. annette is in berlin with her own thoughts on this. the coalition is looking more likely than not, annette ya. what would that mean in terms of the big policy decision par
stephane thanks for that.gz is look more likely ahead of germany's election these weekend. we'll look at what has been said about possible coalition. >> nobody wants that. all i can say is that today, i really don't want it. no, i will not give it in statistical probability. >> a grand coalition isn't likely at all. spd will not be a -- with angela merkel again. we've learned from that. >> it's clear that all the members have made et clear they're backing the very successful...
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Sep 17, 2013
09/13
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stephane a in paris. stephane. >> a meek performance from french carmakers. peugeot citron has lost even more market shares with an 18% decline of new car registrations. it's about four times the contraction of the european car second, 4.9% decline and its worst performance among the carmakers. in the meantime, renault, the second largest french carmaker regained shares last month with a 5.8% rise in new car registrations. this is due to the launch in new models. also, a mean lead to the success of its local -- which was one of the main drivers for the group as during the crisis situation in europe. both carmakers, peugeot and renault believe that the european market will stabilize towards the end of the year and they both believe that it will gradually recover over the next year. but for the time being, the only carmaker that shows some signs of recovery is renault because peugeot, as i was mentioning, the performance was really negative and the market reaction is negative. the stock is off 3.4% right now. >> stephane, thanks for that. let's recap where we h
stephane a in paris. stephane. >> a meek performance from french carmakers. peugeot citron has lost even more market shares with an 18% decline of new car registrations. it's about four times the contraction of the european car second, 4.9% decline and its worst performance among the carmakers. in the meantime, renault, the second largest french carmaker regained shares last month with a 5.8% rise in new car registrations. this is due to the launch in new models. also, a mean lead to the...
WHUT (Howard University Television)
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Sep 19, 2013
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diga que nesitamosue ngan > lÚnica for de llar a otro la, es a travÉs del cano que atravsa stephan tpoquito mas de congelador, refrigedor tod l de la dega. vender y toe eÓ a perder.n >> pasaron Ías, de la y viertenueo han recido ninguna uda. na, da. gu >>> se para ued reabrir el acceso a aeruert el aeropuert iernacional siguunda, la ternal principa sigueinundada, la carreta que conectacalc con mÉxico. y l que ceronobre la autopia. en estaarteque conecta a aaaaaaaaaaaaaaa acapulcoiejo inundada p 3 los. acapul, estuvo alendro e rolÁn esta es la histor. >>> fedica tiene 59 as y ante el dastre fnte a sus o josÉ n qu trabajar e lzona,mi. cluydo suropia casa. ¿por que con s manos sacdo la basura?. > porecesidado hago, no teng con É, yo trato de trabar para ganme algo >> lo hacara apoyarl gobierno ques ofreciÓ una ayuda econÓmi, a cambio.ero cual, ci noudo rescatar el >>> estoy hiendo tod el esfuerzo, porque quiero algo si nada sentada nadie me va a dar un ayo econÓmi.alario, tena >>> ell es partee laecenas pasoel huraÁn, que dÓ a nos1 mivividas destroza. llegas montaÑa doe no muestra como
diga que nesitamosue ngan > lÚnica for de llar a otro la, es a travÉs del cano que atravsa stephan tpoquito mas de congelador, refrigedor tod l de la dega. vender y toe eÓ a perder.n >> pasaron Ías, de la y viertenueo han recido ninguna uda. na, da. gu >>> se para ued reabrir el acceso a aeruert el aeropuert iernacional siguunda, la ternal principa sigueinundada, la carreta que conectacalc con mÉxico. y l que ceronobre la autopia. en estaarteque conecta a aaaaaaaaaaaaaaa...
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he's not part of the score tat of peace he's part of the four horsemen of the apocalypse bringing to stephan destruction to the middle east that's what galls people that's what sticks in their craw that he's making money i mean ok's making money in washington somebody make money but that he's making and egregious amount of money by john exact opposite thing he says he's doing and by taking advantage of his position as a public official well i couldn't to put up better myself the nonsense calendula appointed his horse as a proconsul of rome has there been a more inappropriate appointment that tony blair is the middle east peace envoy not only is he dripping in the blood of the people of the middle east from wars gone by when he was in power he has incited war after war have to war and supported war after war after war in the very middle east the minimum ambition of our movie the killing of tony blair is to have him kicked out by a least one member of the quartet our maximum ambition is to see the cell door slam shut after him at the hague because we believe he ought to stand trial for crimes
he's not part of the score tat of peace he's part of the four horsemen of the apocalypse bringing to stephan destruction to the middle east that's what galls people that's what sticks in their craw that he's making money i mean ok's making money in washington somebody make money but that he's making and egregious amount of money by john exact opposite thing he says he's doing and by taking advantage of his position as a public official well i couldn't to put up better myself the nonsense...
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Sep 10, 2013
09/13
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stephane has more for us from paris.e put himself in this hole, anyway, but cutting the retirement age. anyway, you can claw it backwards by extending, you know, the period for which you have to work with, the point at which you have to start working from. >> contribution, yeah. >> exactly. you know, look, everybody else in every part of the world has got to do this. >> yeah. the result is the same. you don't change the legal age of retirement, but in the end, we raising the number of years you need to contribute to get a full pension, it means that french people will have to work more to get a full pension. so that's the bottom line. however, francois hollande was intelligent enough to start negotiations with unions before presenting officially this pension reform. as a result, he was able to support some sort of agreement between the trade regions. that's the reason why they're expecting some massive demonstrations, nothing compared to what we've seen in france two years ago when they implemented the reform without tra
stephane has more for us from paris.e put himself in this hole, anyway, but cutting the retirement age. anyway, you can claw it backwards by extending, you know, the period for which you have to work with, the point at which you have to start working from. >> contribution, yeah. >> exactly. you know, look, everybody else in every part of the world has got to do this. >> yeah. the result is the same. you don't change the legal age of retirement, but in the end, we raising the...
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Sep 24, 2013
09/13
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stephane is looking ahead to this.ard michael o'leary from ryan air last week when he was trying to talk about this, you know, $10 trip to the states he want to try to get in in the future. he complained he can't get the airplanes. >> yeah. well, that's a long way away. for the time being, we'll look at the forecast for the next year. probably this is what we're expecting. airbus is going to increase to raise guidance for the next 20 years. at the time last year, airbus paid a $27,350 aircraft would be necessary over the next 20 years. and more than 28,000 to include the cargo aircraft. that's the market value of $4 trillion, or $4,000 billion. airbus believes the global fleet of aircraft across the world will more than double over the next 20 years to 32,550 over the next year. given the strong start of the year, we have reasons to believe it's going to raise its forecast for the next two decades. now, there's a question mark about the -- even if airbus and boeing have been successful with their small aircraft, which
stephane is looking ahead to this.ard michael o'leary from ryan air last week when he was trying to talk about this, you know, $10 trip to the states he want to try to get in in the future. he complained he can't get the airplanes. >> yeah. well, that's a long way away. for the time being, we'll look at the forecast for the next year. probably this is what we're expecting. airbus is going to increase to raise guidance for the next 20 years. at the time last year, airbus paid a $27,350...
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Sep 12, 2013
09/13
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over to you. >> stephane, for now, thanks. how much has new low cost competitors caused for established getters like sfr. the vice president of the european commission should join us in a first on cnbc interview. meanwhile, let's check in on what's going on with bond rates today, as well. 2.89. gilt yields have come back from that 3% mark. 3.04%, the highest in two years. yesterday posted strong employment numbers. we had just come down below that 3% level, as well. on the currency markets this morning, the dollar index struggling. aussie/dollar up to 92.52. sterling on a 1.58 track at the moment. dollar/yen, back below that 100 mark, as well. this time yesterday around 1.3260. now we understand the central bank has kept things unchanged. on that note, let's bring you up to speed with everything in asia. sixuan has the details. hi, sixuan. >> thank you, ross. china markets outperformed yet again led by financials and some shipping counters while costs continued to rise on a brighter economic outlook. but the nikkei 225 lost a
over to you. >> stephane, for now, thanks. how much has new low cost competitors caused for established getters like sfr. the vice president of the european commission should join us in a first on cnbc interview. meanwhile, let's check in on what's going on with bond rates today, as well. 2.89. gilt yields have come back from that 3% mark. 3.04%, the highest in two years. yesterday posted strong employment numbers. we had just come down below that 3% level, as well. on the currency...
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Sep 23, 2013
09/13
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>> briefly i agree stephan stephanie. i told it poorly and came to my senses. i'm low on the stock.ore position that it was but i think they're picking up more share. >> when you ask we deliver with trade on four stocks that have lit up our twitter feed. first up joey, carmax, buy, sell, hold? >> buy. earnings solid, technicals look good. >> dr. j, zillow coming over to you. what cou do? >> last thursday i guess, judge, after the fed the stock was 103. today down to 88 and barely budged after bottoming down there. i think it could go a little lower, judge, but overall i like the stock after a correction here. i would give it another day or two before you jump in. >> vice, lily. >> i think at best this is a hold. we've seen these stocks do extreme he well. you have patent issues. if you want to be in the group you're there because of yields. you're there because it's defensive. i would rather play the health care sector through those which will have a human growth next year and giliad, my favorite holding in health care. >> stephanie link, facebook. >> i like it but we did sell some
>> briefly i agree stephan stephanie. i told it poorly and came to my senses. i'm low on the stock.ore position that it was but i think they're picking up more share. >> when you ask we deliver with trade on four stocks that have lit up our twitter feed. first up joey, carmax, buy, sell, hold? >> buy. earnings solid, technicals look good. >> dr. j, zillow coming over to you. what cou do? >> last thursday i guess, judge, after the fed the stock was 103. today down...
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Sep 25, 2013
09/13
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. >> gary: hosting third annual stephan currie thinks you as a day.awarded over 3000 scholarships to military families. >> they're up a lot of people in the service and we know what type of sacrifice they make on a daily basis. that is a big deal! >> gary: i would like to find something negative to find about him but it is no fun sang everything positive about people. >> jacqueline: why? >> gary: jackie is setting me straight! unbelievable. shhhhh! in our day, we didn't have u-verse high speed internet. yeah, our babysitter didn't have a million ways to serve mom up on a silver platter. we had to count sheep to fall asleep. and i always worried that i was creating an overcrowded sheep farm. in my head... never looked like that farmer took proper care of those sheep. too much? a little. [ male announcer ] connect all your wi-fi-enabled devices with u-verse high speed internet. rethink possible. (male announcer): it's now time for gary radnich from the jack in the box sports desk. >> gary: should kill on neo has put a few dollars and the sacramento came
. >> gary: hosting third annual stephan currie thinks you as a day.awarded over 3000 scholarships to military families. >> they're up a lot of people in the service and we know what type of sacrifice they make on a daily basis. that is a big deal! >> gary: i would like to find something negative to find about him but it is no fun sang everything positive about people. >> jacqueline: why? >> gary: jackie is setting me straight! unbelievable. shhhhh! in our day, we...
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Sep 26, 2013
09/13
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nokia's chairman has asked the ceo stephane elosk if he will give up all or part of his $18 million euro payoff. let's get back to nick nelson now, global head of equity strategies ubs. we talked about two smartphonemakers that have had a lot of trouble. generally, the smartphone space seems a little bit saturated, at least on the high end. even apple and samsung who have been very successful are dealing with that. would you be getting into the tech space? particularly some of the smartphonemakers. if so, which ones do you like? >> the top end has been very competitive and the edge that apple has had, the asian producers are kind of caught up there. blackberry, interestingly, it seems we have a blackberry. but i guess the generation below certainly seems to be on darchbt smartphone. >> i'm sure we have the top of the arranged models. i have a reasonable blackberry but it's different from the technology we can have with the other smartphones. so i think it's pretty competitive out there. having said that, more broadly, we are seeing m&a come intact. we've seen that in the nokia deal. and
nokia's chairman has asked the ceo stephane elosk if he will give up all or part of his $18 million euro payoff. let's get back to nick nelson now, global head of equity strategies ubs. we talked about two smartphonemakers that have had a lot of trouble. generally, the smartphone space seems a little bit saturated, at least on the high end. even apple and samsung who have been very successful are dealing with that. would you be getting into the tech space? particularly some of the...
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Sep 26, 2013
09/13
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i asked that the following staff allow -- kevin mc millis carli board stephan jenkins sipple tolson taylor harvey matthew deavers craig dobson lewis evans danielle harness and robert andrews. >> without objection. >> mr. president? >> the senator from maryland. >> mr. president i rise to speak about obamacare. and i to call it obamacare. you know when we passed the dash it was called the affordable care act him before he leaves the floor i would like to complement the senator from montana for the important and crucial role that he played in passing the affordable care act act -- health care act and it was his excellent stewardship and the funding committee where we could expand access to health care modernize the way we do it to go from volume medicine to value-based medicine and to be able to expand our access in a way that also was fiscally prudent. he also pave the way of expanding the children's health initiative. so why no later on he is planning in his life a new future for himself but i want you to know that while he is thinking about how he will be getting a different life he reall
i asked that the following staff allow -- kevin mc millis carli board stephan jenkins sipple tolson taylor harvey matthew deavers craig dobson lewis evans danielle harness and robert andrews. >> without objection. >> mr. president? >> the senator from maryland. >> mr. president i rise to speak about obamacare. and i to call it obamacare. you know when we passed the dash it was called the affordable care act him before he leaves the floor i would like to complement the...