In a d. W. I. Exclusive interview with indian author arent as heroic says Prime Minister Narendra Modi as exploiting the pandemic to incite the prosecutions of muslims in the majority internation. Im still welcome to the program Germanys Health minister says the countrys corona Virus Outbreak is now manageable a National Disease control agency has confirmed that the infection rate is now declined to less than one germany has seen one of europes highest number of infections but better to have no deaths writes Health Officials attribute this to widespread testing in the outbreaks early stages but as the country looks forward to next weeks gradual easing of lockdown measures Health Minister is still urging caution. Germanys streets are still empty its stores still closed a result of the countrys strict physical distancing measures after almost a month the restrictions are proving successful germanys hospitals have i. C. U. Space to spare at least 10000. 00 intensive care beds are availabl
Im phil go welcome to the Program German Health Minister germanys Health Minister says the countrys corona Virus Outbreak is now manageable and the National Disease control agency has confirmed that the infection rate has now declined to less than one germany has seen one of europes highest number of infections but relatively low death rates Health Officials attribute this to widespread testing in the outbreaks early stages but as the country looks forward to next weeks gradual easing of lockdown Health Minister yen shaun is urging caution. Germanys streets are still empty its stores still closed a result of the countrys strict physical distancing measures after almost a month the restrictions are proving successful germanys hospitals have i. C. U. Space to spare at least 10000. 00 intensive care beds are available this means the Health Care System has not yet been overwhelmed by the pandemic according to authorities this is because germany managed to flatten the curve and reach an imp
I hope that you send him a dozen roses today because he will not be there to receive them. And you have the armani story. Everyone on global wall street must be focused this weekend on the soap opera going on. Banking is think left, right, and center. And i have a chart looking at the swiss franc. What it means for the further negative. But first, lets get straight to the bloomberg first word news with viviana hurtado. Begin with the coronavirus outbreak. It is getting tougher to gauge the true scope of it because china has provided the data that the death toll was lowered to less than 1400. Now there are more than 53,000 reported. U. S. Officials are stepping up criticism of chinas response. A stunning rebuke of President Trump from one of his most trusted cabinet numbers. William barr saying that tweets and remarks about going ongoing cases make his job impossible. Already vowed to veto a resolution to restrict his ability to wage war against iran. To be passed by the u. S. House, it
Just. On chris colfer welcome to the program chinas Gross Domestic Product last year grew at its slowest pace in almost 3 decades weaker exports and sluggish consumer demand weighed on the worlds 2nd biggest economy slowing Economic Growth to 6 point one percent while that was within the governments target zone and was lower than economists had forecast. The Chinese Government aims to accentuate the positive visit announced the countrys worst g. D. P. Growth since 1990. You suddenly turned up in 2019 the economy grew by 6 point one percent on the Previous Year that meets the projected target of 6 to 6. 5 percent. But those latest figures are an unwanted sign that beijing has failed to improve conditions the way it would have liked. Chinas expansion has been slowing for much of the last decade edging ever closer to the 6 percent mark some analysts say needs to stay above that point to continue generating jobs the latest figure takes it uncomfortably close. The government has already tri
Out within the have and havenots of retail, the targets versus the macys and jcpenneys. We have the oecd cutting its Global Growth forecast for this year, in particular germany. They see growth up there just 0. 4 . But the market goes nowhere. The markets really want to drive higher here. For globalow exchange, where we bring you todays market moving news from all around the world, from beijing to new york to atlanta. Our bloomberg voices are on the ground with this mornings top stories. In china, top trade negotiator liu he says he is cautiously optimistic on a trade deal. Shawn donnan joins us from beijing. Whatever we learned so far from china . Shawn we learned that liu he, the vice premier, has been sending out some positive signals. What is important about that is at comes at a time when some folks in the market and some folks close to the talks are warning that these talks are in a pretty fragile state and could fall apart still. Liu he, as part of a visiting delegation last nig