It is armageddon, moments ago the president told fox friends, he would not name his nomination to the court until after the services for Justice Ginsburg are completed, he said he would announce friday or saturday. He said he would move quickly, he said time for a vote before the election. Now look at this, a wall street selloff, major leagues, all kinds of problems for investors, election chaos seems to be a certainty that could even be a constitutional crisis of the Supreme Court has to decide the election and there are only eight sitting justices, there could be a tie. A second wave of virus infections has hit europe, especially britain, there are worries and comes here. China holding military maneuvers as a u. S. Envoy heads to taiwan. Grandpa got up and look what you got. The dow will be down 500, maybe 600 points at the opening bell, the s p 53 points lower in the nasdaq down 170, that is a selloff, in a moment you will hear more from the president because later on today he is he
Close to the awfulness of the creation of our solar system which are slanted is a bit like winning the lottery ok i salute google. Earth more you need to start september 18th on t. W. European companies complain about the bullying from beijing they say officials are refusing to let many of their executives and stuff back into china for walked us to being expelled when the pandemic broke out. Of lunch or in spanish breaks out over a make a joke tiffany sued l v m h o calling off the deal the french from blames the french government for getting involved. And the bill of the race heats up g. M. Announces another major electric Vehicle Partnership this. Start with the start up nicola. And lets do business a survey suggests chinese officials are using the coronavirus to double down on foreign firms a great deal of European Companies stationed in china say beijing is refusing to grant their bosses and workers entry the findings come just days after president xi jinping promised the Business
And ok well all of this of course is happening right in the middle of the u. S. Election campaign and the democrats have been watching what these revelent revelations that have been coming out of that bob woodward book lets take a listen and what democratic candidate joe biden is saying about these latest revelations he knew how deadly it was it was much more deadly than the flu he knew and purposely played it down worse he lied to the American People he knowingly and willingly lied about the threat it posed to the country for months. He had the information he knew how dangerous it was and while this deadly disease ripped through our nation he failed to do its job on purpose it was a life and death betrayal of the American People. So joe biden is saying that trump failed in his duty to protect the American People even though he knew there was an imminent danger could this further damage trumps reelection prospects do you think yeah i think you know biden is not just up by 8 points you
To attack the debt market lifts the veil on the opec society. We will see what the prospectus reveals. It is 8 a. M. A gloss the emirates it is 8 00 a. M. Across the emirates. Welcome to Bloomberg Markets middle east. The one thing we are watching closely, especially after the cpi inflation data coming in better than expected in the u. S. Is what we are doing in asia and it is following u. S. Markets. Let me bring you to the bloomberg terminal. We pulled up a chart where it is about the fx action today. Youee the correlation can see the direct correlation between the u. S. Dollar strength and weakness the based on mounting debts and the fed hike. That is lifting that greenback. We are seeing that pair off a little bit today. It is all about the fed here. Not only does it drive us in asia, also in your neck of the woods, yousef. Yousef it has been a remarkable rebound for the british pound. I am looking at the global movers. This is the trend in global markets. Easingclose eye on those
New rate structure for solar customers say theres still hope when it comes to delaying the price hike. Fox 5s Abby Theodros tells us the latest in nevadas drawn out solar battle. She joins us live from the newsroom. The attorney generals bureau of Consumer Protection and the alliance for solar choice filed a motion that would delay that rate hike from taking effect until it was re evaluated by the Public Utilities commission of nevada. As the new rate structure stands basic fees will go up and the credit for excess energy put back on the grid by solar customers will go down. A group of opponentswho say the change is unfair and harms both solar businesses and customers filed a stay that would delay the new structure until the commission rehears it. One Solar Alliance attorney said at the very least the motion will give people time to process the changes. Louise helton owner of 1 Sun Solar Electric definitely any uncertainty definitely hurts uncertainty here. And espe ially in light of w