Kristol. This is just over an hour. Thank you all so much. Welcome back. Our final session will speak on the current state of politics and i am pleased to begin with senator mark warner from virginia. From 200222006 senator warner served as governor of the great state of virginia and when he left Office Estate was right that the best day for business the best managed state in the best state in which to receive a public education. In the senate he has distinguished himself as a leader works with colleagues from both parties on behalf of the state and every one in our country. He serves on the finance banking budget and rules committee and is vice chairman of the select committee on intelligence. Senator warner is with us today. He has been a great leader for our country and please help me welcome him to speak to us as well. Senator warner. [applause] thank you mitch, thank you for that introduction and thank you for the great work you are doing in new orleans. Thank you for your familys
The state and every one in our country. He serves on the finance banking budget and rules committee and is vice chairman of the select committee on intelligence. Senator warner is with us today. He has been a great leader for our country and please help me welcome him to speak to us as well. Senator warner. [applause] thank you mitch, thank you for that introduction and thank you for the great work you are doing in new orleans. Thank you for your familys longterm contribution. I started in politics indirectly working for moon landrieu. Its a real honor to be here with you and let me also give a shoutout to the remaining virginia mayors who are here. Hello you guys, how are you . Let me also realize i had more Senate Sessions and i know you are winding down so presume i spend another three minutes complimenting everyone in the room site you get to the meat of my message. The truth is and i know this has been a subject of your conversations over the last couple of days obviously cities a
Katrina,. Cam inpaers saying new orleans is more divided than ever before. And. Reporting from northern ethiopia, where conservationallist are struggling to save over 1500 years of christian heritage in the churches. Hello there, thank you for joining us. Of the thousands of refugees arriving on the shores, the vast majority are fleeing the conflict in syria. European countries are not the only ones effected, turkeys ambassador, to the e. U. Has warned that the country is at capacity and says that up to 1 million more people may flee syria if the fighting intensifies. According to the United Nations, by mid august, 158,000 people have reached greece by sea. Thats puts arrives ahead of italy, where so far 90,000 have come ashore. Now leaders in the western nations are meeting e. U. Poll sixes in a bid to define a common strategy. To deal with the worst crisis since world war ii. The conference dozens of refugees have been found dead in a truck on an austrian highway. Many ever from vina
Trump about how we could end up in a major, major conflict in his words. Did put some pressure, if you see the nikkei, down about 0. 3 . Same with the hang seng. In europe this morning n some early tlading, things are mixed. The ftse is down by 0. 25 . The cac is up by that much. The dax is up by 0. 10 . With crude oil prices this morning, looks like wti is still below 50. Up 27 cents. Tech stocks on the move this morning. After quarterly reports late yesterday. Lets give around up of whats going on. Amazon eps tops estimates by 36 cents. Saying revenue from the Cloud Business, advertising and Subscription Services helping to drive those results. Alphabet beating the street on both the top and bottom line. Strong ad sales sending profits up 29 , despite some advertisers boycotting youtube. And microsofts ref knew ju revenue just missed consensus. Sales of the Cloud Services platform jumped 93 in the quarter. Last but not least, look at intel. Reporting lower than expected quarterly rev
On the markets. This is a phenomenal asset. The return on those insurance those instruments could be quite spectacular. There is much more growth than a lot of the skeptics think there is. I dont think there is enough confidence today that we have broken out of the 2 growth world. Anchor it is all straight ahead on bloomberg best. Anchor hello, and welcome. Im vonnie quinn. This is bloomberg best, your weekly review of the most important business news, analysis, and interviews from around the world. Lets start with a day by day look at the top headlines. The week began with a fresh batch of Economic Data from china. Chinas secondquarter gdp data show the second economy continuing to grow at that brisk rate of 6. 9 . Gdp was better than expected. , there expecting 6. 8 estimate of economists at bloomberg. Factories are pumping out goods at a faster clip. Goods production at 7. 6 , more than a full percentage point more than the estimate. Retail sales much better than expected, 11 . We w