Italy is seeing its worst coronavirus numbers yet. The Company Country reported 8800 new cases today, up from 7300 the day before. The number of patients in intensive care also rose. Imposed aime minister series of new curbs on nightlife, social events, and amateur sports as the pandemic intensifies throughout the country. 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. London and paris among cities ordered to clamp down and curb an increased spread of coronavirus. Countries looking to avoid reinstituting lockdowns. Lena komileva joins us to talk about the virus and the passing of the october 15 deadline for a u. K. Eu trade deal. Coronavirus
Entirely on incoming information that bears on the outlook of the economy. Regard air in this vonnie you are the david you are the expert on the white house. Square this for me. The president tweeting he had a good and cordial meeting with jay powell, everything was discussed including interest rates. How could it have been a good and cordial meeting if the president says he hates everything jay powell has to say. This in terms of the rhetorical approach chair powell has taken an President Trump. If it is a less than 24 hour window where we saw this illustration with president President Trump speaking at the Economic Club of new york that criticized powell and then the chairman testifying in a consistent tone, a apolitical tone before members of congress. What you are hearing based upon the dueling statements is the fed chair continues to strike that consistent fed chair town we have all come to expect from the central bank and President Trump continues to raise his concerns that he ha
Their economic circumstances. States for what about the effects of the tax cuts and job ask what is passed at the end of 2017, they particularly were worried their state Income Tax Revenues would be more volatile and do it hard to predict what the results were going to be due to shifting payments over time and changes in federal deductibility. We encourage all the audience, both those in person and those who might be watching unlighted joint in the in the conversation via social media using the liveaturban as we have on the screen here we have a great panel today ready and willing to discuss all the issues at this time and in the near future. The Panel Discussion will be followed by a questionandanswer session, so you all should write down your questions or remember your questions and youll have an opportunity to ask them of the panelists at the end of the moderated discussion. I would like to introduce the moderator for todays panel, howard gleckman, a senior fellow at the urbanbrooki
Were going to start our panel because were rushed for time. Im pleased to have ted mccann from the house of representatives. Bob greenstein, and bob doar from ai next door. Now well talk about a way more about the practical issues associated with implementation. I want to start with a big picture. We expect the whole morning talking about the evidence and Academic Studies and the effects of policies. You know, this would have been a reasonable question, i think a year ago, and two years ago. I think we feel like its an even more important question now. Does evidence matter to the political process . Did these studies have an effect . If so, how . Im going to take all of your i think it matters a lot. I think that in my experience in new york and new york state and new york city, we paid attention to evidence. We paid attention to outcomes. It had an effect on how you do your debate. You do have to be careful about overstating the evidence, and you cant oversell. And i think you also ha
Panel because were pressed for time. Im pleased to have ted mccann, from the house of representatives. Bob greenstein. And bob doar from ai next door. Now were going to talk about moving away from the academics and talking more about the practical issues associated with implementation. And i want to start again sort of in a big picture. We spent the morning talking about the Academic Studies, and making sure studies are done well and the effects of policies. You know, this would have been a reasonable question, i think a year ago, and two years ago. I think we feel like maybe its even a more important question now. Douse evidence matter to the political process . Do these studies have an effect . If so, like, how . Im going to take all of your i think it matters a lot. I think that in my experience in new york, and in new york state, new york city, we paid attention to evidence, we paid attention to outcomes. It has an effect on how you do your debate. I do think you have to be careful