United states over the past two weeks. Until we understand the magnitude and the potential duration of increases, it makes sense for us to pause, to make sure we are mitigating the virus, so we can continue to move forward and not backwards. We remain in relatively good shape compared to other major cities. We still continue to have lower infection rates compared to places like new york, philadelph philadelphia, denver, and los angeles. We continue to have the lowest death rate among major cities and the highest testing rate, as the mayor said, currently testing over 5,000 people a day. I am confident that working together we will again beat back the virus, as we have done two times before. But i wouldnt be me unless i reminded you, keep wearing those masks, so important, saving lives by wearing those masks, continue to physically distance, wash your hands, avoid large groups. The holidays are upon us and now is not the time to throw caution to the wind. Lets be here next year when, ho
Retail sales and Industrial Production gained momentum in september. The economy is set for a faster rebound than any of its peers. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. U. S. Stimulus negotiations approach another tipping point. Secretary mnuchin and Speaker Pelosi will resume their conversations in about two hours, as the House Speakers preelection deadline zooms. How much trouble are airlines and without federal aid . We will speak to sara nelson, the International President of the association of flight attendants. And a big bet on shale. Conocophillips mobileye Concho Resources, the largest shale industry deal since the collapse
Is a boom bust the one business show you cant afford to mess up their montecito going to washington coming up the u. S. Is expanding thanks to ramp up the pressure against the north thing to pipeline between germany and russia we have an expert panel standing by on the b. O. J. Is filing suit against internet giant google will discuss other nonsense to be the 1st of many antitrust lawsuit to break up the Worlds Largest tech company we have a lot to get through so lets get started. The north stream to saga continues as the United States is stepping up its efforts to block the north stream to pipeline which would provide natural gas from russia to germany u. S. Secretary of state my pump aoe says the u. S. Is creating a coalition of nations to help prevent the pipeline from being completed the pipeline is supposed to provide a major cost benefit to the german and. Market with natural gas being delivered directly without any intermediaries the u. S. Backed by poland baltic nations and ukr
Pipeline is supposed to provide a major cost benefit to the German Energy market with natural gas being delivered directly without any intermediaries the u. S. Backed by poland baltic nations and ukraine has long been seeking to disrupt the pipeline that will carry russian gas to germany via the baltic sea joining me now to discuss the us coca cola spends juan and former u. K. Member of Parliament George galloway thank you for being with us today ben already the United States has put placed thank sions on this project in fact in december of last year those sanctions forced a Swiss Company to abandon the project what is the u. S. Talking about doing this time. Yes so what the u. S. Is really doing and you know you know im not a fan of sanctions really on any level sorry i disagree with them pretty much in principle but this to me seems to be maybe the worst example of how sanctions are being used you have 2 countries here that have agreed germany and russia to have a natural gas pipelin
Will stay out of its funny that you mention my pump who who says that he believes that endangers europe because it would make it dependent on russian gas and then he says would endanger ukraine in his opinion he says in my opinion so opinions here and matter a lot georgia Russian Foreign minister Sergei Lavrov is saying that the u. S. Should stop speculating on our stream too and that it should now be a matter of principle for germany to actually go through and complete the project. Well ben is right this is a particularly egregious use of the sanctions weapon against remind you a close ally of the United States germany is not some Banana Republic in Central America germany is an ancient and big power d in the oil ally of the United States and of course the biggest economic power in the European Union by some distance it just goes to show i say in parenthesis how absurd the charge of the Trump Administration is somehow a puppet of the russians this is of course not just short of war ag