Refused to sign a cease fire agreement during talks in moscow brokered by russia and turkey and. A miracle in the snow for song but for others its already too late for more than 90 are killed in Severe Weather across pakistan several more are still missing several avalanches hit pakistani kashmir wiping out at least one village and walking road access. To our viewers on p. B. S. In the United States and all around the world it welcome tonight the European Union is announcing plans to dedicate a quarter of its total budget to one thing tackling Climate Change the Europe Investment plan. Will direct a trillion euros over the next decade into climate protection the goal here is to reach Carbon Neutrality all across europe within the next 30 years. This is what the United States moon landing looked like when it comes to climate protection the European Commission is not shying away from drawing comparisons to that earth shattering event we do not have all the answers yet today is the start
Key players to another peace conference it comes after Libyan Military commander refused to sign a cease fire agreement during talks in moscow by russia and turkey. Im burned off its good to have you with us the European Union has announced plans to dedicate a quarter of its overall budget to tackle Climate Change the Europe Investment plan will direct a trillion euros over the next decade into climate protection the go to reach Carbon Neutrality across the entire continent within the next 30 years. This is what the United States moon landing looked like when it comes to climate protection the European Commission is not shying away from drawing comparisons to that group shattering event. We do not have all the answers yet today is the start of a journey. But this is europes man on the moon moment a green deal for the European Union is were still a funnel lions 1st major policy proposal since she took office at the end of 2019 her vision commits the e. U. To achieving Carbon Neutrality
Bit despite news of increased inventories. For the global exchange, where we bring you market moving news from around the world. Are bloomberg voices are on the ground with this mornings top stories. Da tart with e curran. Had positive signs since sunday, when the government said they would push through new oversight of ip protection, and they want to punish those who are guilty of ip theft. That was followed by some details in one of the state newspapers that china is also looking at the oversight of any trade agreement with the u. S. In ways of ensuring that any deal isnt limited. Then we had the news yesterday from the Commerce Ministry talking about reaching consensus on core issues. The moonbeams it is been nothing but positive in recent days, matching what is coming out of washington, though we dont yet have any further details on when or if an agreement might be signed. We have your minder did have a reminder on the economy when profit for industrial firms dropped almost 10 from
Which also implies gdp will not be as bad and the final quarter of the year. David what you project for the Fourth Quarter . That is the critical question. Tracking estimates suggest that growth will fall below 1 . We do not think so. We think growth will be in the vicinity of 1. 7 , which will be just enough to keep the projections at 2. 2 for the year as a whole. David the direction is clearly down. Absolutely. The direction is showing deceleration in the main engine of Economic Activity in Consumer Spending. David thank you so much for being with us. She is senior u. S. Economist with bloomberg economics. Now we go a Kevin Cirilli in washington. How long ago was it Elizabeth Warren was almost being christened . Now she does not seem to be doing so well. Kevin she remains a toptier candidate, Vice President joe biden, Bernie Sanders, and mayor Pete Buttigieg. A new paul has are significantly slipping. You look at joe biden able to maintain his lead against Elizabeth Warren. Bernie sa
Particular pressure early in the session, but paring some of those losses, down by about 0. 3 right now. We had seen the pound gaining on the back of those polls i mentioned in the headline, but that seems to be shortlived. Now we see a fairly flat pound. 1. 2916 is where we trade on the u. K. Currency right now. Lets check out a bloomberg first word news update. Heres leighann gerrans. Ighann beijing told the u. S. Ambassador to quit meddling in hong kong affairs. The chinese also warned the bill could affect cooperation in important areas. The u. S. And china are in the midst of negotiating a trade deal. The white house is pushing to wrap up negotiations on a new trade deal with mexico and canada. The agreement known as usmca has become President Trumps top legislative priority. The administration and House Democrats have been locked in talks for months to secure a vote before the end of this year. Democrats want more enforcement of labor issues. Both mexico and canada say there has