Good morning, everyone. Good afternoon if you are watching from asia. This is bloomberg surveillance. I am in italy for the ember city ambrosetti forum. Lot to do with the economy, the trade war, with no end in sight. Although the two sides did decide to meet her we go back to our wall of worry. What im looking at. European stocks were up at the open a touch, now they are down. 1 . A lot will have to with the number we get from u. S. Jobs. Looking at treasuries, they are slowing some of the declines we saw yesterday and we shot a sharp selloff. Im also looking at gold. It is probably the perfect litmus test when comes to risk on or risk off. And wti, there is little change their. There. So we will get back to the markets and great interviews, but first, lets get straight to london and first word news. Hong kongs Credit Rating has that is as months of persistent protests and violence continue. Fitch says it is testing the framework that governs the relationship with china. Carrie lam sa
Pandemic. I wrote an article about this, and i will talk about some of the things i mentioned in that new england journal of medicine article. The reason i believe it is necessary, if you look at some sufficient the challenge that is we face, about ending the hiv despite all of the great results, there is a thing called a care continuum. I dont want to spend time, i spoke to similar audiences about that it we dont do well, access into the system, retention in the system, and adherrence to therapy, and look at as a country, we are doing really, really badly about the number of people infected, and the percent of those who are in a health care system, stay in a system, get on therapy, stay on therapy, and drop their viral load to the point where they dont infect anybody else. We have a long way to go, even though we are doing well. One example is, circ cision, circ cision now, if you look at the numbers, started off 55 to 60 effective. In long term follow up. 73 effective. I cant imagine
Changes. Interestingly enough, the present drop in the price of oil has an impact on russia, they have balanced the budget at 100, and it is now down an 80. Russias political fast and hoos activities have had a serious effect on the russian economy, more than anybody expected to see at this stage. A serious infleet in flight. Many billions of dollars have left. Almost no foreign investment. A rubble Exchange Rate that is going 10 against the ruble. No growth in the russian economy. Oil prices down, income is down. They may account for at least mr. Putins temporary paying attention to the minsk agreement, over how to deal with the problem in ukraine. Not beautifully, not perfectly, not without exception, some of that is happening. If we could get the europeans, four 40 and 50 on russias hydrocarbons, get off that, giving them the opportunity to say to the russians, our off take is so low, we request suspend it, find other sources to. Do that, we have to find other sources for the europe
Geospace Technologies Corporation today announced results for its second quarter ended March 31, 2023. For the three-months ended March 31, 2023, Geospace reported revenue of $31.4 million compared. | May 11, 2023
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