Maybe we will hear from secretary pompeo. E had the New York Times story about Chinese Students in america, but i agree with you, it is incredibly fluid. We spoke with lord patton about an hour ago, and he was deeply emotional about this moment. What am imagining is he was the last governor of hong kong before it was headed over in 1997, and i am trying to understand what he thinks foreign governments should do at this point. We will be talking about the special trading status over the next few hours. I just wonder whether it makes a difference whether you whether the United States rescinds. Clearly thatvery the Trump Administration cant do this alone. There has to be a developed economy and developed politics , with 2047 being slammed forward to where we are now. Jonathan 90 minutes away, jobless claims this thursday morning, which means we got to look at some ugly jobs data. Lisa and one thing i have been noting is that the pessimism we are seeing in the Economic Data contrasts compl
Was with bill winters of Standard Chartered who saw first hand what was happening in wuhan. He said the u. S. And u. K. Were too late in dealing with coronavirus. Mr. Johnson, who is still selfisolating at downing street, he has given up doing the daily briefing. He has given that to michael gove. Unprepared andl we watch what comes next. The amount of traffic in london is still quite palpable compared to france and italy when they are in complete shutdown. , i drove around a bit yesterday and it is a 15 of what it once was. A lot of good conversation today, Jeffrey Sachs will join us in moments. We are thrilled to bring you laureate Michael Spence of new ,ork city, and at 12 00 noon david westin in conversation with the Vice President of the United States. Lets get to the first word news. Viviana china accusing the u. S. Of trying to shift the blame for its own coronavirus outbreak, responding to the report that china concealed the extent of the problem. The u. S. Intelligence communi
I dont think the feds job is to make sure there is never a recession. Viviana speaking of Central Banks, their independence often perplexes political leaders. Not just the white house. I would like the central bank not only to work on controlling inflation, but thinking about growth as well. Viviana the outgoing and incoming heads of the imf had plenty to say to bloomberg about global trade. We need to have fair trade. We need to have reciprocated benefits in trade. We are talking about trade, peace, not trade war. Viviana a u. S. Election looming in 2020. Key figures in the political conversation buckle up for a wild ride. The economy is outperforming expectations. Economic policies from the president are working. I think our capitalism has to be more inclusive. We believe in Free Expression and we believe in political speech. Viviana it is all straight ahead on this special edition of bloomberg best. Hello and welcome. I am viviana hurtado. On this special edition of bloomberg best,
We are going to bring you todays market moving news from all around the world, from london to brussels, istanbul and washington. Our bloomberg voices are on the ground with this mornings top stories. We want to begin in turkey. The country has agreed to tip a rarely halt its military offensive in northern syria, but it is not withdrawing its forces. The lifting of sanctions may come with a permanent ceasefire. Theence with implementation of a ceasefire, the United States will not impose any further sanctions on turkeys, and once a permanent ceasefire is in effect, the president has agreed to withdraw the economic sanctions that were imposed. Joins usimin demokan from istanbul. How does this play out over the next 24 hours . Simikin turkey is expecting the kurdish fighters to withdraw from the areas. President erdogan said he expects to create a safe zone once those kurdish militants have left the area, and the safe zone will be 444 kalama theres long. 444 kilometers we also expect turk
We will hear from the erickson ceo. Manus very warm welcome. There is a nonveteran. Is a bond there veteran. Says, we are in for a rough slowdown in the u. S. Andof his fund is in cash his buyers are getting worried. The beige book tells me there is only a slight modest pace of growth. Good morning. Not fixedsaid it is income investment, it is fixed lawson testing. He does expect a recession in europe and a slowdown in the u. S. Some signs ofaybe concern with the retail sales but lets get back to erickson. In earnings season in europe. Ericsson is telling us, six. 5 billion swedish krona. Net sales, a eight on the estimate of a beat on the estimate. The third adjusted gross margin also beat with 36. 6. We have some guidance as well. 2020. 240 billion for the numbersg like are beating and so is the guidance. A boost from 5g upgrades among other things. Manus on the commercial side, the troubled asset manager in switzerland, they are saying they will reiterate the 2019 guidance. Net outf