Agents about talking to the russian ambassador. The Trump Administration is considering a move that could boost travel. Several agencies are urging the injuryouse to lift an ban on nonu. S. Citizens that was put in place to slow the spread of coronavirus. The band has caused big losses for airlines and the transatlantic markets. In germany, a partial lockdown has been extended for three weeks to just before christmas. Chancellor merkel is trying to gain control of the latest coronavirus resurgent. There are tighter limits on private gatherings, but german schools in most businesses will remain open. Franceng the u. K. Is accusing the u. K. Of dragging its feet over brexit. The French Foreign minister says the outcome on a new trade deal is highly uncertain. Negotiations are to resume in london. The u. K. Is set to leave the European Union at the end of the year. Whether there is a trade agreement or not. Global news 24 hours a day, on air and at bloomberg quicktake, powered by more tha
Tom its simulcast on television and radio and we welcome all of you around the world and across the nation. If youre in that odd east coast october, its the density of fog, for those of you on radio across washington to boston, drive careful. The fog is never its like a london fog, jon, its so bad. Tell me london is gorgeous. Jon its got a london feel. London is always gorgeous, beautiful. What else do you want me to say. Tom thank you. N radio its a tapestry of gorgeosity. Jon the beautiful sky. Tom thats a postcard jon just put up. I really want to focus away from the market and data, futures negative, dow down, and we forget the claims are in this hour, this nation on a labor basis, theres no other definition, its not an opinion, its flat on its back and you bring that over to a debate tonight, do you think it will come up . Jon i think it will come up repeatedly, tom. At the opening of the hour, the professor said it perfectly. For people at the bottom who are really, really strugg
Fed uniform on for Caroline Hyde, all ready to go. They will come out with a forecast as well. There is a pandemic, everybody is guessing including tom keene and francine lacqua. But it is a nice vector, a nice gurrria. Fortress look at the headline. This follows from that dropping that jawdropping 11 lift in jobs. Amazon plans to put 1000 warehouses and neighborhoods. This is the new political message that we are getting from all of these tech juggernauts after this digital dominance of this pandemic. Francine i understand this would be a way of competing with walmart, which is doing pretty good. The warehouse would be closer to you in certain neighborhoods, so they could deliver on this oneday pledge. We are all used to getting our packages pretty fast and get upset if we dont, so it is a race to get to the consumer as quickly as possible. Francine it is a jampacked day, futures up 17. Francine we will speak with angel gurria at 6 00 a. M. In new york, 11 a. M. In london. Lets get to
Nation. Just coming in, images of the sunset you and i observed last night. Imagineom, you cannot the change across this america. Forget about economics, finance, and investment. It looks like man delorean out there, lisa. Lisa really depressing to watch that orange sky over in the west and seeing the smoke come toward us. It is a political smoke, as well. Everything becomes that much more political in this year of 2020 as we head toward november. Tom jon, you nailed it on the United Kingdom earlier in the fictitious nature of our Unemployment Rate and the fed meeting tomorrow. I am going to summarize the backdrop, double digit unemployment. Jonathan unemployment and the u. K. Just north of 4 officially. It Means Nothing to anybody me living in the u. K. Right now. There is a Furlough Program tying a lot of people to the government, and that expires at the end of next month. A huge conversation on whether it. Xtend if it does not get extended, unemployment will go much higher very quic
Analysis. Kit juckes this morning was smart, smart, smart. One calculation i saw was it was only 5 of gdp, and that is a squishy number. But that aint much. You really wonder, whether be a second deal if the slowdown in europe continues . Francine it is 5 but every country has to ask for it, so it wont go to everyone depending on whether they need it or not. The other thing is that he could be the first step toward more physical integration in europe. It is a path forward, and that is probably why it is being heralded by euro files as something of a great deal. Lets get straight to the bloomberg first word news in new york city with ritika gupta. Ritika as you were discussing, it is a done deal. European Union Leaders have agreed on a landmark 860 billion economic Recovery Fund. It is split almost equally between grants and low interest loans. It will unleash vital Financial Aid to the southern european economies it hardest by the coronavirus, and it is being paid for by hundreds of bi