Coming up for the rest of the hour. The chairman and ceo of train technologies trane technologies, they do hvac. We will talk about how you recondition all of the airconditioning units that we have to allow us to basically eat and drink inside. A really important conversation as we think what will happen as we approach the autumn and fall. What will happen to the service side of the economy. The banks are in big focus. 93 man sachs reporting a surge in revenue on the stocks and bond trading in the Second Quarter. Highlights is our bloomberg wall street reporter. They have a lot of questions about the m a environment. Goldman the lead m a advisor. The backlogn saying is higher, but he expects activity to continue in the next two to four quarters. , but we will see them come back. There are a lot of uncertainties. One question was about the election season. Solomon warned that is a ways away. As we know in the u. S. There are major uncertainties with how largescale deals are viewed among
Rates on hold at one quarter of 1 . The rbnz saying they are going to be they are committed to reviewing their quantitative easing program. The policy committee reached consensus on this decision. They are saying they are prepared to provide additional stimulus as is necessary. All the economists we talked to the benchmark Interest Rate in new zealand staying on one quarter of 1 . Little to no reaction on the new zealand daughter new Zealand Dollar. 64 u. S. Cents. Tom lets get some of the views from our guests at the bloomberg summit. Sharing their views on the prospects of a recovery from the pandemic. I do not think anybody can be confident with the kind of uncertainties that prevail. I would put say is my odds on a v shaped recovery. How we are going to share the burden in a credible way. It is not just financial and fiscal support. It is also regulatory charges we have undertaken to support the economy. As recently as early april, i saw china could only i thought china could only
Excellent order its really great to have you with us today wow so many things are changing all that around the world as we know it is just not the same place anymore as still ive been thinking you know events like for instance world war or our sexual revolution our financial crisis it really shapes a whole generation and it defines peoples attitudes and expectations experiences 8 coming 100 and i think they get out of an event to leave a lasting mark like that on an up and coming new generation what do you think. Seem to answer is yes them no i think i think on his you as as you intimated in your question a secret need to see things in perspective its right just as this is a this is a global event which is which is why i think were struggling with this in such a way because it is very red it you that you encounter something that is global rugged and national reach. Its not too wolf it doesnt last tribal 6 years as we know it is not that intensity if i think back to my my grandparents i
Should not exist they should not be marketing the result of White Supremacy. I think if you were to remove white incomes you would you have him to also remove taming solutions to. Oils and an official poll shows at least 40 percent of europeans believe that the block has shown itself to be irrelevant during the pandemic because nations couldnt count on the help of their fellow. Fellow their good morning its friday the 26th of june youre watching r t international. The local roads in the district of london are complaining of Police Aggression after officers broke up a street party that turned violent such events of being gaining popularity of late despite being illegal under lockdown rule 20. 2 Police Police officers were left injured after the disturbance she. Was nothing. But what began as a large scale street party quite peaceful descended later on into Police Clashes on this very street here in angel town in brixton now police were called around the 1 am 2 am mark to try and discuss
Question of secret need to see things in perspective its righteousness this is a this is a global event which is which is why i think were struggling with this in such a way because it is very read it you that you encounter something that is global rugged and national reaching. Its not too wolf it does must strive for 6 years as we know it is not that intensity if i think back to my my grandparents i grew up in another the incident in the netherlands towards the end of 95. 00 which is not. In the know also colored people died of starvation because it was a severe winter and there was a severe shortage of fruit. I think this is a crisis but remus make sure that we dont turn this into a drama. Things will change things will change because the have to change things for change because they can change sinks will change to stabilise marxist and things will change to make matters better so i think we need to we need to keep this into perspective hurt so lets accentuate out the part of things