The opioid epidemic. The Justice Department announced the settlement today. Purdue has proposed a separate 10 billion settlement to resolve state and local claims. Onbal news, 24 hours a day, air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. I am Mark Crumpton, this is bloomberg. Vonnie welcome to bloomberg markets. Exclusive interview with former Federal Reserve chairman Alan Greenspan, his thoughts on the state of the was economy and the stimulus logjam. Markets are now lower and bouncing around on speculation whether lawmakers will finalize a stimulus deal. After thea announces bell today, all but guarantee to report a fifth consecutive profit. Markets,heck of the the major indices are down at this point, about a quarter of a percentage point of peace and they had been higher earlier. The dollar index is partially to blame at 92. 5 so lots of weakness for the dollar index partially thanks to sterling. Brexit trade talks are on
Far as 1. 69 . It is now 1. 71 percent. Dell are index is weak. Just one stock i am wanting out here, fitbit, trading up 15 . Google is buying fitbit. The offer price is 7. 35, trading right below where google offered. Guy lets talk about what the situation looks like here in europe. The stoxx 600 got within shouting distance of the 400 line. This after the payroll number came out. It then fell back. Maybe getting another jab at that this week. Lets take a look at the Bigger Picture numbers. 399. 3. 00, we have seen a slightly stronger pound. Pay attention to what is happening in south africa this evening. Moodys potentially looking to downgrade south africa. That would take south africa into junk status. That would have a meaningful impact for the rum oppose a ramaphosa decision. A wto decision now. The wto has approved sanctions from china on the u. S. , this coming before the trade dispute. In chinese trade sanctions on the United States. It could add a layer of tension to the ongoi
Conversation, lets talk about where the pound has gone today. Initially it fell this morning, that was on the bank of england, one of the hawks turning more dovish. The pound then rose on the news coming through that Boris Johnson had won the leadership conference. Since then we have seen a small fate in that initial rally. The pound is now trading down against the dollar on the day, trading at 1. 24. Lets talk about what we have seen in the markets. For equity markets around the world today. What we are also interesting is quite a strong rally for the sector around europe. Good news coming through from the supply chain. Chinesealso seen the taking a big stake in daimler overnight. Bmw rising on an upgrade as well from morgan stanley. We are seeing weakness in the single currency ahead of the ecb thursday. Down by. 4 . Lets get back to our top story, Boris Johnson is going to succeed theresa may as the u. K. s next Prime Minister. This after a beat jeremy hunt in a landslide victory. H
Greetings from berlin and a warm welcome to our arts and culture news and before we get dazzled by some cutting edge of light art heres what else is coming up. In our continuing series 100 german must reads a personal account of the wrong realities of trench warfare in world war one. Our new series underground europe explores whats going on below the surface of the continents many must see locations this time in poland. And some exciting news in film as the latest from Marvel Studios and ventures and skate has become the highest grossing film of all time. Oh yes sociate light with bright ideas and at the worlds 1st Museum Dedicated entirely to light art there are certainly plenty of those housed deep in the belly of a former brewery in western germany the center for International Light art opened in 2001 when addition to its Permanent Collection its currently showing the finalists for the 3rd International Light art award with some brilliant explorations of a material that of course is
Good evening. Im not sure the microphone is on, can you hear me . You can . Great. My name is Vanessa Beasley and im the dean of them at Vanderbilt University. Tonight its my Great Fortune to welcome you to this panel, the wonderful discussion that will have about the presidency of Richard Nixon. Im also happy to invite you to a conversation which will have on that same theme and question. Before we get started, in earnest though, it is fitting that we take a moment to remember the space that were in and who founded it. Tonight we are gathered in the First Amendment center in Vanderbilt University which was founded by. [inaudible] you may not remember him or be aware ofs legacy but he served as 43 years as an awardwinning journalist for the tennessean. As retirement he was editor, publisher and ceo. In 1982, he became the founding editorial director of usa today. He served in that position for a decade. He left journalism in the early 60s to serve in the Us Justice Department as Admini