20 leaders commit to fair access for coronavirus facts. And the polls close in became a fast in an election, overshadowed by violence, and staying by claims of fraud. And in school theres an old familiar name of the top of the Italian League table to swallow. It moved into 1st place after its true. Know when its true and welcome to news hour. Ill talk story in a dramatic escalation, ethiopias Prime Minister has issued a 72 hour ultimatum to forces in the dissident region of to gripe. A ahmed says the Peoples Liberation front has 3 days to surrender, or brace for an all out assault on the regional capital mccalla a. The Reuters News Agency has been reporting that to grind forces have destroyed roads and bridges. Just slow down the government offensive. The oaths, Ethiopian Military plans to surround the city with tanks and artillery in an effort to end the nearly 3 week war, according to, a military spokesman. And in an address on state, t. V. , residents were told to save themselves an
Classes. Pricee the new york crude under pressure. We have this key meeting taking place of opec plus today and tomorrow. The gold price at the moment is showing weakness. Buy yourself finance. Bitcoin is erasing some of the 9 . Es by going up nearly lets look at the other first word news headlines. Lets join karina mitchell. Karina bloomberg has learned readingna the latest on chinas economy shows recovery is getting momentum. Manufacturing and services, pmi data both beat estimations. In aty performance came 52. 1. The economy is gaining strength despite sporadic epics of covid19. Bloomberg has learned chinese regulatory officials have said that the chances of jack mas stockoup revising its are looking slim. They are still reviewing changes needed to appease regulators. An additional delay would be a setback for ma. Has big dollars the fight to overturn his election will not reach the supreme court. He told fox it is hard to send a case there and he probably wont succeed. He rehashed
Whatever you call it, critics are calling it a betrayal. I think that taxpayers will be upset with this idea. Reporter San Jose City councilman john mccain is says what the bta is proposing is a bait and switch, a betrayal of the spirit, if not the letter. We told taxpayers would improve the roads and driving conditions. This will just be a broken promise in the future. Reporter in 2016, voters in supported this measure, projecting to generate more than 3. 6 billion over 30 years. The money was earmarked for transportation projects, with 25 a hard cap on b. A. R. T. Construction. What is the best use of the sales tax . Is there timing to do that, based on project delivery . The very beginning of that exercise. Reporter last week, vta floated the controversial idea, what if the shared the tax revenue generated over the next decade at 75 to build b. A. R. T. , the likely spins of other transportation projects . We have got to say that this it was one thing i think we should follow throug
Economic damage can be avoided. Speaking today, the ecb president Christine Lagarde said there is no doubt the pandemic will have a longterm impact on the global economy. It is clear that covid19 will cause lasting changes to our economies. Ourill not necessarily suck economy potential, if we act powerfully. But it will cause sectoral and societal shifts against which we have to guardian be prepared. Mark according to a new ecb report, governments and Central Banks face a tricky balance between shocking the economy if they and the pandemic support to soon and undermining it if they keep measures in place to long too long. Global news 24 hours a day, onair, and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg an
Delayed qualifies it here in cats on the hard work continues as it has to host the world cup in 2 years time and unprecedented attempt by donald trump. To undo the election, results appears to be slipping away with members of his own party delivering a new blow. Republican leaders from michigan was summoned to the white house on friday, but following talks with trump, the Senate Majority leader and House Speaker issued a statement saying, there was no new information that would change joe bidens victory in the state. They said the results of suffocation process should be free from threats and intimidation. Biden won michigan by more than 154000 votes. Alan fisher is live for us from the white house. Is there. He seems to be grabbing at straws, trying desperately to appeal to people. Well not only is he running a road is running out of days, there are 3 states that will meet to certify the results. On monday, were talking michigan, pennsylvania and they are 3 states that donald trump re