The city come and businesses are pressing for restrictions on restaurants to be lifted quickly. A report suggests hong kong may not ease any restrictions until after a mass testing blitz next month. Libyas Turkish Backed government has announced a ceasefire, the country also calling for the demilitarization of a military city. This comes amid growing fears of an escalation in the complex. Libya was plunged into chaos after an uprising toppled moammar gadhafi. The country has a split into two rival administrations since then. Global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im mark crumpton. This is bloomberg. From toronto, welcome to Bloomberg Markets. Vonnie we are now joined by our audiences. Here are our top stories. Trade tensions, a former trade official, Harry Broadman, will join us to talk about the back and forth this week between u. S. And china. The u. S. Postmaster general defending h
Outweigh things Going Forward. They not think the fed will step up. And is off the table for now. I do not think bonds are attractive. More. greg has what is the bid is biggest crack you see emerging . Greg probably a another turned on in the economy, covid19 is damaging the fundamentals of corporate america. I think it is a negative story you are telling in the abutting, but supply is getting absorbed in the marketplace. There is a Strong Demand for retail, from overseas investors, and the cost in the hedge has come down. Supplies are actually being absorbed. Taylor this week we set a record investmentgrade issuance for the year and it is only midaugust. It is the market digesting this healthy amount of supply within the corporate investmentgrade bond market . Greg 1. 4 trillion dollars is the number you are talking about, the most that has been issued, and we are only in the third week of august. We think the supply will come down toward 80 billion a month, but that is still quite a
of economic advisors. thank you for being with us on bbc news. what does this tell us? it suggests consumer spending is still pretty resilient right now? i suggests consumer spending is still pretty resilient right now? pretty resilient right now? i think it is resilient, pretty resilient right now? i think it is resilient, but pretty resilient right now? i think it is resilient, but let s pretty resilient right now? i think it is resilient, but let s be - pretty resilient right now? i think it is resilient, but let s be clear, l it is resilient, but let s be clear, the number of 65 billion is lower than what most economists had predicted the average expectation was, that was on the order of 68 billion. ithink it was, that was on the order of 68 billion. i think it is good news for mr powell and the other global central bank shares syria s meeting with. the economy is resilient but it is a step and we are all looking at it and the other global central bank shares he
the date on the video suggests it was shot today. the town is near the front line of the fighting, about 20 miles from the disputed city of bakhmut. the sound, and the way the people in the street look up, suggest it may have been a missile or possibly an artillery shell. ukrainian officials say at least 3a other people were wounded. the attack happened shortly after the us secretary of state antony blinken arrived in kyiv the first visit by a senior american official since ukraine launched its counter offensive against russian forces. our diplomatic correspondent paul adams gave me this update from kyiv. yeah, this happened about three hours ago. and as president zelensky has indicated, he was very quick to point the finger of blame at russia. he actually said it was russian artillery that was responsible for this. this town is within russian artillery range. we don t yet know exactly what the nature of the projectile was, but certainly the images that have circulated subs
From the festive celebrations. Four and a half years after britain voted to leave the eu, a post brexit trade deal has finally been agreed. The uk Prime Minister, borisjohnson, said britain had achieved a £660 billion per year trade agreement which would protectjobs. But the Opposition Labour Party said the deal was thin and didnt protect workers. Our Political Editor Laura Kuenssberg reports. Time is finally up. A deal at last agreed that number ten believes will pull power back to this building from brussels. A vast trade and security agreement, the Prime Minister and brexiteers promised. Until a matter of hours ago, it wasnt guaranteed, but look, the optimist really did have something to cheer. His ubiquitous thumbs up, achievement, relief written all over his face. Im very pleased to tell you this afternoon that we have completed the biggest trade deal yet, worth £660 billion a year, a comprehensive canada style free trade deal between the uk and the eu. And we have also today re