The start of the week, a huge. Otation towards value the s p up by 0. 6 . The pound is positive. The departure of dominic ,ummings at 10 downing street going at the end of the year, setting up expeditions that may be a brexit reset and a deal as possible. Interestingly enough, we are seeing a continuing move in what we are seeing in the bond market. Bonds are bid today. He was there moving back down, unsurprising and what we heard from Christine Lagarde yesterday. More broadly, the virus definitely back in charge. The vaccine news at the beginning of the week, the virus news at the end of the week. Alix such a great way of framing that. Lets break down the virus issues more. The global coronavirus case is now topping 52. 9 million, deaths climbing to 1. 3 million. Focus is on europe and how it is addressing the virus. Joining us is Bloomberg Opinion columnist ferdinando juliano. The story in the u. S. Is that you guys are doing targeted lockdowns, and it is working, and the cases are l
Threat but not everyone agrees opponents are staging mass protests worried that wall signals the end to Hong Kong Special status and south americans coronavirus catastrophe brazil the United States bans travel from the country which now has the worlds 2nd highest infection rate but you would not know that by watching the actions of brazils president. Im burnt off its good to have you with us it is a court ruling for the consumer today a Top German Court ruled that volkswagen must pay compensation to customers who bolts v. W. Diesel cars that were fitted with Software Software that manipulated emissions test result the landmark ruling in the diesel gate scandal paves the way for tens of thousands of others to receive damages. The federal court of justice said anyone who bought a v. W. Car equipped with software that manipulated emissions tests is entitled to compensation they can return the vehicle and receive partial financial reimbursement from the comic. It legal for the plaintiffs c
Soviet style hearing the resolution was condemned by republicans as soviet style. And facebook suspends accounts it believes were russian. And facebook suspends accounts it believes were russian and involved with this Information Campaign in africa just a week off the most coastlines and involved with this Information Campaign in africa just a week off the most coastlines 1000000000 dollars deals with the continent. 1000000000 dollar deals with the continent. From a. Knife. Moscow studio where its 2 oclock in the morning youre watching r. T. International im whereas in moscow studio where its 2 oclock in the morning youre watching r. T. International im whereas on a lockwood thank you for joining us. Now with the brakes it deadline a lot quicker thank you for joining us. Now with the breaks it deadline extension in place and a snap election in just over a month the british politicians of the extension in place and a snap election in just over a month british politicians are finally tal
Aaron armstrong in the gb newsroom. The chancellor has welcomed the bank of englands decision to hold its base rate, saying its better not to rush into cutting Interest Rates. It has been left unchanged. Therefore, for a sixth time at 5. 25, the governor of the bank, Andrew Bailey, was optimistic. Hes hinted a cut may come as early as june, but says that is by no means a done deal. Jeremy hunt says things are improving. I welcome the fact that the bank of england has obviously thought about this very hard. They take this decision independently and i would much rather that they waited until theyre absolutely sure inflation is on a downward trajectory. And rushed into a decision that they had to reverse at a later stage. What reverse at a later stage. What we want is sustainably low Interest Rates and i think whats encouraging is that the bank of england governor for the first time, has expressed real optimism that were on that path. However, the shadow chief secretary to the treasury, d
european stocks recouping some of the losses. markets trying to focus on the containment effort of the strict rules preventing unfair competition. coronavirus. prime minister boris johnson this is what gold is doing. rejecting the demands and insists the u.k. will thrive dropping 1567. with or without a trade deal. 10 year yield at 1.57. , theg up right here powered by more than 2700 journalists and analysts. this is bloomberg. francine: thank you. forecast of slower growth in asia. we will speak to the chief executive at 10:30 a.m. u.k. time. now we are just getting some let s get to the first word news news out of opec plus. in new york city. we begin with breaking news russia is ready to take part in this opec plus agreement if a this morning. meeting is called. bloomberg has learned the iowa democratic party is postponing this according to the kremlin. we will have plenty more on the the release of caucus results after inconsistencies in story throughout the day. one of