A flourishing business but one that is taking its toll on the environment. In turkey freedom of speech seems a thing of the past how can fountains of sidelined academics that rebuild their lives. Then on to hong kong where living space is a luxury we head to the city where many live in desperately cramped conditions. Is a shame is an unstoppable trend worldwide more and more people are deserted in rural areas for life in cities looking for Jobs Educational opportunities and inspiration all want a decent place to live and thats the problem good locations are in high demand and prices are steep. Geminis most expensive city is munich apartments in the center fetch have in one thousand two hundred euros a square meter and in other countries prices are even higher in new york for example apartments can cost a whopping eleven thousand square meter the three most expensive cities are london at over fifteen thousand euros a square meter singapore which is even pricier and hong kong tops the li
Mark vassella. This is Bloomberg Markets asia. Ishaad that rally continuing we have treasuries and focus. Goldman sachs making the call about what could happen if. Ields go up to 4. 5 looking unlikely at the moment. But who knows. Jay powell, two testimonies on capitol hill. Highly cognizant of global markets. He would be aware of the significance and scrutiny over these separate days of testimony. Up fory report, setting janet yellen 2. 0. He will be want to be treading carefully given the web saw sessions we have had over the past few weeks. Over withtrong hand yesterday pushing its 50day price action on the friday session. Where watching the opening in hong kong. Got a barrage of japanese numbers coming out this week. How are we tracking so far . Sophie we have stocks across the board gaining ground at the tie ask the taiex. We are looking for yellen 2. 0 from jay powell. Hovering around 1. 07 against that backdrop. We have stocks in tokyo led higher by electronics, telcos seeing th
So, spends time, as much as you can in airconditioning. There is your satellite radar picture, few pop ups yesterday because of the heat, no showers or thunderstorms right now. Look at the american flag, not blowing at all no wind at all. So calm winds 77 relative humidity, and already 79 degrees, when it is almost 80 at 5 00 in the morning you know it will be a hot one. 5 57 is our official sunrise time so, other temperatures throughout the region, to the north of us, in the upper 60s little more comfortable at least to start the day. And then, lower 70s out at the shore. And just about everywhere, we cannot find a breeze anywhere. We could use one but sorry about that. And in weather by the numbers we went with seven for today because of the excessive heat warning, makes it even more uncomfortable. Soap as we go through the day, offer to another muggy start like yesterday. Warm humid by lunchtime already up to 90. We will probably top off at 95, it will feel like it is close to 100 a
Across the globe. 4000 growth is good. I dont think 4 growth can be sustained. Uncertainty dampens larger trades. Warren buffett raises his state stake. And Brian Moynihan speaks about the high stakes of regulatory reform. Those are the most important things for us. Straight ahead on bloomberg last. Best. Welcome. This is bloomberg last, your weekly review of the most important reviews and interviews. Hurricane harvey again to better the u. S. Gulf coast and the city of houston. Big storm was the big story. Floodwaters overwhelmed houston as Tropical Storm harvey continues to inundate. Perspective on how big this issue is. In terms of the houston damage it is unprecedented. We are seeing places flood that dont normally flood. In terms of the industry itself, we have started to see refinery in new outages rampup. We are seeing more and more shutdowns as the storm starts to hit major infrastructure in the region. We are at a production impact and Refined Products impact. And for the Firs
From qe to qa, conversations on markets across the globe. 4 growth is good. I dont think 4 growth can be sustained. Uncertainty dampens larger trades. Warren buffett raises his stake in north america. And Brian Moynihan speaks about the high stakes of regulatory reform. Those are the most important things for us. Capital, liquidity, things like that. Straight ahead on bloomberg best. Julia welcome. Im julia chatterly. This is bloomberg best, your weekly review of the most important reviews and interviews. Hurricane harvey again to batter the u. S. Gulf coast and the city of houston. The big storm was the big story. Floodwaters overwhelmed swaths of houston as Tropical Storm harvey continues to inundate. Help us with perspective on how big this issue is. In terms of the houston damage, it is unprecedented. We are seeing places flood that dont normally flood. In terms of the industry itself, we have started to see refinery outages rampup. We are seeing more and more shutdowns as the stor