Scene Central Banks finally starting to get it. We have some actual details as to what the fiscal responses . We do not. Sebastian businesses size up their bottom line with continued headwinds. We see the business down 85 . If i talked to our colleagues in china, they say it is Getting Better everyday. Can want to do our best to fight this crisis and achieve our targets. Sebastian investors, economists, and policymakers offer guidance in a time of financial turbulence. I think the odds are 80 we will have a recession. The Oil Price Decline is very good for india, good for china. Survive with liquidity, three months, six months, nine months, people will go bankrupt. Sebastian that is all straight ahead on bloomberg best. Hello and welcome. Im Sebastian Salek and this is your weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. Lets start with a look at the top headlines. Last friday and talks between saudi arabia and rus
Staying put on the ship, war of words, President Trump and former president obama sparring over who deserves credit for americas economy, after terrifying crash at daytona 500, we have all the latest on condition right now, mornings with maria is live right now. Maria director in wuhan, china, dead, contracted the highly contagious illness, 51yearold neurosurgeon died today. Death coming as more than a dozen patients tested positive for coronavirus or have a good chance of getting it have been sent to university of Nebraska Medical Center for treatment, we will get you the latest on that status, these are people who have been trapped on a cruise ship, docked in japan for 2 weeks, the state of art facility is no stranger to Infectious Diseases with patients suffering from ebola, sars, monkey pox, tuberculosis all being there. The death toll nearly 1800 people dead, more than 72,000 cases reported worldwide so far, devastating flood waters swamping mississippi this week they could receiv
Could they get to a trial. We know Mitch Mcconnell wants to get it over with quick. Jordan it depends on which day nancy pelosi would hold a vote in the house. Mcconnell wants to get rolling right away so he could begin the trial within days of nancy pelosi having that vote. We could be looking at a trial beginning as soon as the end of next week or perhaps the week after. Enactmentalso have an we also have an announcement of new sanctions on iran. Are there really more than before . Jordan a little bit they have targeted copper and iron producers and sanctioning more perfect more officials, but as you hinted at the u. S. Has sanctioned so much of irans economy and placed so much pressure on iran, official say this is an effort to get iran to return to the negotiating table. Leadership has not given any indication they are willing to do that, especially in the aftermath of the airstrike they got from soleimani last week. David that is jordan fabian. Now we go to maria tadeo in brussels
Has a reason to dance, and apple hits more milestones, plus highlights with team monster. Our top story, the Trump Administration is imposing new sanctions on iran, retaliation for the attack on u. S. Military bases. The sanctions target the steel industry, as well as eight senior officials. While adversaries did not get into traditional military war, they continue cyber warfare remains. Cybersecurity film dragos published a report highlighting hostile hacking activity by an Iranian Group against u. S. Power suppliers. For more we have the president of gullah tech adventures, prior to that he was a hacker for the nsa. With me in the studio is the proof point executive vice president. Ryan, let me start with you. What increases have you seen coming from iran targeting the u. S. . Ryan we have seen the continuation of campaigns at they were already running. Perhaps the most interesting thing we saw was we saw some of them move from diplomatic targets, Public Policy targets and government
Situation is what President Trump sought to do. He saw a positive Market Reaction from a geopolitical standpoint. The president calling on the international community, on nato , on russia, on china to work with United States to further isolate iran. Lastly, the president taking aim at the jcpoa, which he said in a terms was paid for with missile strikes within the last 24 hours. The iranians paid for that with the cash they received from negotiating with the obama administration. That was clearly a political undertone and will clearly be dissected by the 2020 president ial contenders. David the important point is no u. S. Lives were lost. It looks like they are deescalating. There have to be political ramifications for the president and for the people who would like to take his job. Who might this benefit in iowa . Kevin in terms of where this goes and who it benefits, you have seen joe biden date in on the issue of the jcpoa and the Public Comments in the last several days has called