And then limits the healthcare and economic devastation of the coven 18 pandemic some other parts of new york city have been very hard hit and suffering more deaths than other states in the country millions have lost their jobs and incomes with the Economic Impact for things to the wall street reform the nations Banking Sector but the initial impact of the crisis to restructure mortgages but ive had serious concerns of the i heimplementation with a Small Businesses thanks to the hard work of chairwoman waters and velasquez, the ppp program in the latest installment. So how long the nations banks and Credit Unions can endure the Current Crisis. And with a pdf i to overcome the challenge of the crisis. And over the objection of the new york delegations and the impact of the new York City Taxi drivers are already reeling from the pandemic. First i would like to thank you for being here today and your tireless efforts and respond to the covid19 crisis it is my hope we can have a meaningful
But the data today shows things moving in the right direction. Abigail alibaba goes public on their home turf. Narrows the valuation gap to amazon. Abigail the u. K. Election campaign heads into the home stretch. It is very easy to end up in a Hung Parliament territory. Abigail m a madness with a delusion of big deals. And lot, but they can deftly do it. The general feeling is they probably will go through but how long it will take. Abigail a new suite of leaders brings a fresh set of goals to the European Commission. Climate change is existential. It is a huge opportunity. Every company should contribute. Indeed, the Banking Union will be one, also the commissions priorities. Abigail it is all straight ahead on bloomberg best. Abigail hello and welcome. Him im abigail doolittle. This is bloomberg best, your weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. After
Lets take a look at what is been helping foment further gains across the asiapacific. That is the futures contract for the s p up to tens, hang seng three tens of 1 . And the nikkei has buoyed a bit. Also the topix doing rather well. We have a cna a tad week. Looking at that as we do. Also the yen, and the boj. 41 day since the boj came in and bought a sizable chunk of stocks in the japanese market. Someat stealth tapering, people are arguing because the yield on the 10 years unchanged. The yield has been lurching lower eight basis points. Weekhas been put less a and see what is going on in regard to the haven stages. The learn not willing to look at and take on risk right now. This is of course after the Election Results or we saw the landslide victory when it comes to democratic camp. She was talking about how she is ready to listen and stands by previous stances on protest demands. People who felt that our government has not handled, deadly the legislative exercise and its aftermath
The last 6 months 8 top russian universities and Research Institutes have announced or expand a partnership with way with a focus on advancing the ai ecosystem neural nets data storage and processing. This is faster this back and forth that weve seen with way the u. S. Has taken a lot of action against them has this actually affected their business at all so so far in the latest Earnings Report no it really hasnt always still continue to expand its 5 g. Coverage worldwide including europe where the america has tried to block all of them as well as within china has expanded its 5 you coverage as well as they sold out does like hundreds of thousands of their phones and basically tripled their phone sales in the last quarter than what was previously projected so this entire polarized between us versus china this actually created a lot of nationalistic feelings towards hallway where people were customers who previously preferred apple i phone now made the conscious decision to go into a Na
Authorities. On digital john deal with the u. S. And france are waging a terrible war of words as the nations leaders meet in london for richer the British American Business Association is on hand to dig into the details of how tech tax is driving the escalation plus as your team of guard has taken the reins at the e. C. B. She has already made some Firm Commitments for the central bank professor of economics on patriot and steve keen joins us from amsterdam to break down the banks move and the central what Central Banks have come under fire around the globe we have a packed show today so lets get right to it. The trombone ministration is considering reviving a plan to kick qual way out of the u. S. Banking system this proposal was previously is considered by the White House National Security Council as a Nuclear Option to sanction the company but was ultimately shelved due to the aggressive nature of the sanction this plan would put quality on the treasury departments best so it actua