Deposition. Next, a discussion about u. S. Relations with cuba. We hear about the impact of the u. S. Embargo, changes in the country over the last five years and how key events perceive Foreign Policy in the u. S. This is an hour and a half. Good morning, everybody. Welcome to the institute for policy studies. Some sheet notes here. I should know this i hired. This by heart. The institute for policy studies, for those who dont know, and i should know, but sometimes the wording is a little hard to remember, is a progressive think tank dedicated to building a more equitable and ecologically sustainable and peaceful society, turning transformative policies into action. That is where you are. I am the Events Coordinator here at the institute for policy studies. I will also mention a couple of relevant applications outside. Also, and the international community, and now that the cuban five are free, we work for the end of the u. S. Blockade against cuba and normalizing relations between th
Australias biggest business bank. Theteargas returns to streets of hong kong as police and protesters clash again. First, lets get you started with a quick check of the markets close on friday. S p 500 index seeing the biggest fall in seven weeks. Of course, there are people just waiting for any sign of progress on the u. S. China trade negotiations. At the same time, it was a shorter trading day just after thanksgiving before the weekend, so it was 16 below the 30 day average. Energy and Consumer Discretionary leading the declines. Nasa fell and nasdaq fell half a percent as well. We have the opec plus meeting this week. There are signs they may not want to cut even further at the moment. Lets see how things are shaping up in asia. After managing to cap a third month of game, asia stocks tech starting december trading, nikkei futures up more than 1 in chicago. Ross mcewan starts monday as the bank faces a list of challenges. At the weekend, the australian newspaper reported they faile
Slasheed to skash costs and jobs. And in hong kong, police and protesters clash again after a week of relative calm. Shery consumer inflationshery . Year cpi numbers. Growth of 0. 2 percent. But this is missing expectations that we would see a rise of 0. 7 . Despite the missive estimates, we are seeing growth from the previous month when the inflation number was flat. Month on month, disappointing 0. 6 . A contraction of estimates were for a slight growth. This is contraction from the previous month of october. We know south korea faces challenges including negative base effects. Last year in 2018, we saw a higher food and crude Oil Prices Back then. The year on year number remains under pressure so we are seeing growth of only 0. 2 for the month of november. Those expecting thirdquarter gdp numbers out of south korea on tuesday, after the bank of korea kept the rate unchanged. Inflation numbers looking not too strong of the moment. Australia has just kicked off trading. Sophie aussie
Is made possible by. The maaret and daniel loeb foundation. Robert granieri through the vanguard donor advised fund. The David Tepper Charitable Foundation inc. Additional fding is provided by. Corporate fundinrovided by. Stephens inc. Irhoover welcome to the fingbl line, mayomberg. Bloomberg thank you for having me. Hoover were here the Global Business forum and one topics you are most focused on is Climate Change. Bloomberg yes. hoov. And how businesses can step into the fray and help ll the void where the federal government, or governmen, are not taking responsibility for addressing the climate crisis. Bloomberg well businesses fill the void, the public fills the void, anprivate philanthropy fills the void. It would be nice if you had the federal government along with you, but i think weve shown by closing 297 of the 530 coalfired power plants in the last few years. C weve besing power plants in america at the same rate when trump was president , than when obama was elected, wch say
Tenyear. It is unchanged, 1. 83 . A point of reference more than anything else. Of positivity with regards to whats happening for sterling. Withabour party coming out drives of its manifesto, some are saying making it relatively unelectable. That would make perhaps a move on brexit, or Boris Johnsons deal on brexit. Stablepretty much against the dollar. That as we get growth details a little bit later. Lets get from whats happening here in new york. We have first word news with su keenan. ,eporter we start in the u. K. Prime minister Boris Johnson aims to win the support of u. K. Business leader today, offering. Ax cuts as an olive branch the december 12 the vote could determine how or even if the u. K. Ultimately leaves the european union. Saudi arabia has agreed to lower its valuation of the energy thet aramco to pare back size of the initial ipo to make sure of its successful about half of what has been considered for the ipo. It is seeking a valuation between 1. 6 trillion dollars