With opioids in the u. S. From washington journal. Joining us as the chief medical advisor who previously served as the deputy secretary for health. Good morning to you. The president sent out a tweet earlier this morning taking a look at what he wanted to talk bout with the Opioid Crisis. At 3 00 in new jersey. This stems from his commission that takes a look at the similar topic last week putting out calls from him calling it a National Emergency. Can you tell us what you see from these events and what it says about the administrations concerns . This is a very important issue. I think this is one of the most important Public Health issues of our time. Over 30,000 americans are dying every year because of opioid overdoses. There are 2 million americans who are addicted to opioids. The president issued an executive more order. A final report will be due in october. That report by the commission has a recommendation that the president should invoke a National Emergency. This has been d
Parekh. He previously served as former assistant secretary for health from 2008 to 2015, good you. Ng to guest good morning, pedro. Host the president sent out a talking about the Opioid Crisis this morning, i will be olding a major briefing on the Opioid Crisis, a major problem for our country, at today at 3 00 in new jersey. Stems from his commission that looks at the similar topic ast week putting out calls for him for calling it a National Emergency. Can you tell us what you see but what it events, says about the administrations concerns over the crisis overall . Pedro, thank you. This is a very important issue, oneopioid abuse epidemic is of the most important Public Health issues of our time. So viewers understand, over 30,000 americans die every year twouse of opioid overdoses, million americans are addicted to opioids, affecting young, old, rich, poor, urban, rural, americans. Executive nt issued order creating a Commission Governor Chris Christie has been the interim report ju
Since after election day. Our road map begins with the big jobs number. The monthly job report come in under expectations. What now . And the u. S. Launches an air strike on syria. Trump and chinese president xi continue to meet at maralago. Well take you live there for the latest. Weighing in on the payroll number, retailers were a big part of this slashing 30,000 jobs last month in addition to the month before. Construction adding the fewest jobs in seven months. We did see an increase in average hourly earnings, jim, but its the worst two months for retail since december of 09. We can figure out why. Yeah. This is what you call a secular trend. This is not something thats going to come back. I think that what you had was that you had a weak you had a weak Holiday Season for bricks and mortar. It got weaker. Jpmorgan they do incredible analysis of the mall and its down double digit traffic. You cant sustain your stores in bad malls anymore. And all of the retailers in the malls are k
We have a lot of breaking news. We need to literature treasuries and the markets. Im interested in what japanese treasuries are doing today. Oil stockpiles rose in the First Quarter despite the opec cuts. Lets see of its having an impact on the price of crude. You can see its unchanged at 52. 96. We have that report that is extremely important. I am trying to filter through what we know and what we dont know. Despiteles are rising the opec cut. Thats the one significant thing. The Oil Market Needs time to rebalance as january stockpiles rose. There is little affect on the market so far. It. Will be looking at in the broader market, the dollar is slumping a little bit. Talking, he was said the dollar was getting too strong and shares in europe. Lets get straight to the bloomberg first word news. Rex tillerson and his russian counterpart vented their disagreement after hours of talks. They did signal that neither side is given up on improving relations soured by russian hacking and syria
And abroad. One man sees warning signs. This is Bloomberg Markets middle east. I am in dubai. Shery im in hong kong. A off seeing a bit of optimist town in asia. We have asia oil continuing to gain. We have positive data out of japan. The gmm go function on the bloomberg. Many markets are in the green. Look at the hang seng index up. 4 . It is pausing three days of declines. Japanese nikkei is also up. Topics is also up. We are also seeing the kiwi dollar gain half a percent. We have inflation data reaching the Central Banks targets for the first time in more than five years. Wti up. 6 . Sovereign debt markets are in the red. Note, thed fiveyear yield is up 3. 5 basis points. This part of the world we are under two hours away from the opening of the emirates market. Here is the pulse of the equity action. We pulled this, up for you on one of our favorite functions. Emf function. Is really popular and breaks it down nicely. Real estate is up. 7 . You have some Consumer Staples doing wel