Hello im come all santamaria this is counting the cost on aljazeera the way you look at the world of business and economics this week europe does the continent deal with a rising china and a u. S. President who riles his own allies to the threats facing new york from a silent chinese economic takeover before trade war with the United States also as black lives matter draws the worlds attention will look at how Silicon Valley and the world of finance has really failed black people talk to the. State backed Cyber Attacks theyre nothing new but theyre also on the rise during the pandemic and the targets are the vaccine. These are i think we can all agree extraordinary times but zoom out and youll see the big picture is just as unpredictable were focusing on europe this week which is that a bit of a crossroads when you consider the pandemic as well as an expansive china and a retreating United States as we know President Trump has a habit of undermining his allies he surprised a lot of peo
Worlds attention will look at how Silicon Valley and the world of finance has really failed black people talk to the c. E. O. To fund black businesses. And state backed Cyber Attacks theyre nothing new but theyre also on the rise during the pandemic and the targets are the vaccine makers and the bar. These are i think we can all agree extraordinary times but zoom out and youll see the big picture is just as unpredictable were focusing on europe this week which is that a bit of a crossroads when you consider the pandemic as well as an expansive china and a retreating United States as we know President Trump has a habit of undermining his allies he surprised a lot of people by saying he plans to withdraw 9 and a half 1000 troops from germany and a decision to expand sanctions on a gas pipeline from russia to germany has been met with anger and belin. It is the rising threat from the east looming large not only chinas human rights record its aggression towards its neighbors but fears that
Super tuesday, a third of pledged delegates up for grabs today. This is former Vice President gets the backing of former opponents and Mike Bloomberg appears in the ballot for the first time. Plus this, the coronavirus in the United States, 6 people dead in washington state. We are taking a look, g7 vice ministers as economies hit around the world. President trump cutting for the Federal Reserve to cut Interest Rates as the virus spreads and slows down the economic story. First, focus on retail, target and kohls reporting this morning. Watch any impact on coronavirus. Mornings with maria is right now. Maria we will start with markets. We are hitting rock bottom levels after a 52week low yesterday, check out the yield at 1. 159 . This is extraordinary numbers here and probably will lead to an increase in lending and borrowing. We will take a look at the impact there in europe this morning, stocks following the u. S. On a rally this morning and hopes that Central Bank Action, the markets
And we speak live to the former white house chief Economic Advisor gary cohen. Up, a new Community Pro or a new economy for a new economy. We bring you exclusive interviews with the Credit Suisse chief executive, ubs, and many more. Welcome to bloomberg surveillance. I am a Francine Lacqua. Before we get to any of those interviews, let me just have a quick check on the markets for you. Look at stocks dropping in europe. Asia was a mixed session. Fromcomes as support congress for protesters, kids prospects of a trade deal. We are also looking at bonds edging higher. Beijings chief negotiators says he is cautiously optimistic after a phase one trade deal. Lets get straight to first word news in new york city. Rudy giuliani and donald trump demanded a quid quo pro from ukraine. Is astunning admission damaging testimony for President Trump. He went on to say giuliani was holding up a white house meeting unless ukraine announced investigations. The latest debate, democrats focused on Presid
Mornings with maria begins right now. Maria wall street journal Wealth Management reporter, secret of wealthy womens podcast veronica. Weve got the update too, mark cubans mavericks lost to knicks. Im coming back, we are getting the revenge game, yeah, he didnt do it, so. Maria it was close, though, i looked at the score in the middle of the night just to check it, just a point between them and then it went. The knicks won. Im sure mark cuban has a lot to say about that this morning. That was tough. Phase one deal, theres a lot of debate about that i just want to say the chinese yesterday were going to buy agriculture and the u. S. Side does not want to take away tariff increases planned in december, having said that, larry kudlow said they are close. The president is looking at it and the s p hit record territory. White house economic adviser larry kudlow says talks are in final stages but President Trump not quite ready to sign it yet. We have october retail sales coming out in 2 and