4000 jobs worldwide. Good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. We are getting data out of italy. A bit better than expected. Is worse than expected, not better than expected. Shrinking 5. 4 in the first quarter, also after it was revised from a 4. 7 contraction before. That is having an impact on the stocks, if you look at european stocks, they are down to 1. 3 , and if you look at u. S. Treasury yields, 0. 6 . You what is going on, the crude oil with the biggest advance on record. President trump has said u. S. Policy measures on beijings move on hong kong. Chinas crackdown as trumps friend to retaliate have further escalated tensions. For more on all of this, we are joined by our chief asia economics correspondent, and the koran. Enda curran. Enda, what are we expecting trump to do . Quiteit could be significant for hong kong, beijing, because the president has a range of penalties to choose from. He could impose sanctions against in
A corona bell out deal with the German Government. And deep and illegally deported human Rights Groups accuse police in greece of physically assaulting migrants and then forcing them back into turkey. Im brian thomas great to have you with us today india and bangladesh are working to assess the damage left by one of the most violent storms in years cycling made landfall yesterday killing at least 22 people and leaving a trail of destruction in coastal communities and west bengals main city kolkata millions of people there are now without electricity and the coronavirus is hampering efforts to provide relief. In a last ditch official these bangladeshis are preparing for the worst. Filling sandbags with their bare hands they braved conditions brought on by one of the most powerful cyclons in decades. Meteorologists have dubbed it a super cyclon and as it headed inland it lived up to that name it sent water surging inland some 25 kilometers the damage compounded by winds of up to 185 kilo
A choir in berlin to gauge how people are affected by the tiny droplets known as aerosols in the air around us. And the muslim call to prayer in a Protestant Church. As ramadan winds down the church here in berlin has opened its doors to muslims short on space to pray during the time that. Im brian thomas great to have you with us today one of the strongest psych loans in decades is moving in london india and bangladesh millions have fled cycling on fun and Authorities Say low lying areas are risk of flooding theyre also concerned about the spread of the corona virus in the shelters now housing thousands of people. Last ditch effort these bangladeshis are preparing for the worst. Filling sandbags with their bare hands they brave conditions voted on by one of the most powerful cyclists in decades. Of. Meteorologists have dubbed it a super cyclon and as it headed inland it lived up to that name it sent water surging inland some 25 kilometers to the damaged compounded by winds of up to 18
Ideally, we keep everything closed until the federal government massively ramps up its testing and Contact Tracing capacity that would be my preferred outcome. But what if were waiting for nothing . Ive got to tell you without more aggressive action from the federal government, we may have no choice but to reopen as the economy spirals into a depression what does reopening the economy even mean, though . The market is one reason the dow slipped 457 points today nasdaq was down 2. 6 theyre waiting for any direction from the government, the federal government aside from a handful of people who have the situation figured out. I have been pounding the table its mad money, not mad depression ive been pounding the table on amazon for months because it has convenience, scale and low price to take over the market. I think walmart stock, too cheap. Given that its got a big Digital Business with 4,769 warehouses along with the brick and Mortar Stores that serve as warehouses, of course. Fabulous
Less attainabletoday the later , Pulitzer Prize winning journalist Nicholas Kristof and sheryl wu dont report on the issues facing the working class in rural america. An enjoyable tv now and over the weekend on cspan2. Great to sit down with you and your book, dont be evil is contained plenty on a timely subject given the political times we are in , given the heights that the stocks of apple, amazon, google and facebook and others have reached but you normally have a pretty broad scope to your coverage. Why is this book, why now mark. At you for having me by the way. I started this book i guess it was in 2017. And i had just taken a job as a columnist for the Financial Times and my mandate was to figure out are the worlds biggest business and economic stories and cover them in opinion form is a rather large mandate and in order for the to narrow the funnel i started looking through wealth figures and i thought i saw an amazing numbers in terms of how well to transition to the technolog