Bloomberg best. Welcome and hello. I am alix steel. This is bloomberg best. A weekly review of interviews , analysis, and Business News from Bloomberg Television around the world. It has been a momentous week for Monetary Policy with Rate Decision from the bank of japan, the u. S. Federal reserve, and the bank of england. On monday, the top headline was disappointing data from china. The latest data from china likely to get more pressure on the leadership as they try to meet this years growth target by 6. 5 . Industrial output and retail sales slowed. Industrial output rising just 5. 4 . That is below estimates and that suggest sluggishness in demand , from abroad. Factory deflation is persistent now for some 48 consecutive months. Retail sales is a key barometer for the government for consumption trends. It climbed 10. 2 . That missed the 11 of forecast of economists surveyed by bloomberg news. We are also seeing pressure on the currency. Understand that it was projected as a sense of
Nato flooded libya with weapons. Uae, qatar, they flooded libya with weapons after gadhafi is gone, all his arm sachets, they were liberated. They went turkey into syria. Im not sure what the connection is between how, who, were watching, facilitating from the traffic but ill play one thing. We were more encouraging of it thathen we were stopping it, because why . Assad needed to go. And assad is an evil man, but we called the book the destruction of libya. At one point in time we talked about just keeping the lid on the garbage can. One of the things that mubarak, gadhafi i stole that from steve at fox news. I need to give him credit for that because i was, we were just talking before the show one morning, talking to him about libya and talking about what gadhafi did, he was still an evil man buddy list of keeping the radical jobs done. He said kind of like keeping a e lid on the garbage can. Mubarak, gadhafi and assad, they were imperfect but they kept the lid on the garbage can and
Ecuador as they continue to pick up the piece frtz deadly earthquake over the weekend. The tremor was 6. 1 and hit offshore two hours ago strongest after shock since 525 people died in a quake on saturday and hundreds of people still missing from that earthquake and hope now fading rescuers will find anymoreer survivors. Now to latest on campaign trail. Big wins in the big apple for donald trump and Hillary Clinton. And more that 60 of gop vote meanwhile Hillary Clinton won nearly 60 of democratic vote and during speeches both seemed ready to focus on general election. We dont have much of a race any more based on what im seeing on television. Senator cruz is just about mathematically eliminated. I want to thank everyone who came out and voted and to all of you across new york who have nonme and worked with me for so long and to all the supported senator sanders i believe there is much more that unites us than divides us. And our veronica clear ci will join us in the studio 7 30 and wi
This according to auto data and that smashed expectations. Ford sales up 23 . Fiat chrysler saw a 13 1 2 rise. And gm posted a 12 1 2 jump. Phil lebeau tells us why sales are so strong at the big three. Reporter call it a sizzling september in the showroom. U. S. Auto sales roared to their strongest Monthly Sales pace since july of 2005. Most of the major automakers posted doubledigit gains, with some like General Motors doing far better than expected. What drove those strong numbers . Labor day, which is traditionally one of the busiest weekends of the year for auto dealers, gave september sales an early pop. Meanwhile, trucks and suvs remain red hot thanks to low gas prices. And the combination of strong Consumer Confidence and low Interest Rates is convincing millions this is the time to buy a new vehicle. Even volkswagen, which has been rocked by the diesel emissions scandal, pulled out a slight gain in sales last month. Impressive, since massive negative publicity and an order not
This according to auto data and that smashed expectations. Ford sales up 23 . Fiat chrysler saw a 13 1 2 rise. And gm posted a 12 1 2 jump. Phil lebeau tells us why sales are so strong at the big three. Reporter call it a sizzling september in the showroom. U. S. Auto sales roared to their strongest Monthly Sales pace since july of 2005. Most of the major automakers posted doubledigit gains, with some like General Motors doing far better than expected. What drove those strong numbers . Labor day, which is traditionally one of the busiest weekends of the year for auto dealers, gave september sales an early pop. Meanwhile, trucks and suvs remain red hot thanks to low gas prices. And the combination of strong Consumer Confidence and low Interest Rates is convincing millions this is the time to buy a new vehicle. Even volkswagen, which has been rocked by the diesel emissions scandal, pulled out a slight gain in sales last month. Impressive, since massive negative publicity and an order not