Injection of liquidity from the pboc. House democrats will cut short their summer recess to work on legislation and on shoring up the u. S. Postal service. This after it warned states of mailing ballot delays are ahead of november. And japan suffers its biggest economic slump on record. This comes after a state of emergency and lockdowns hammered Consumer Spending, production, and exports. We have just gone 6 00 a. M. In london. It is 9 00 a. M. In dubai. It is always an inauspicious start when i have the wrong but i from the very start am laser focused on you. What if the bond market started trading like a v . The ratchet in the bond yield what would that do . Are we under assuming that narrative . Fed all come back to the doing more. Good morning. It is alwaysy, monday and things happen with the cameras. I like that you brought up scott minor. Atsees the 10 year yield cap 1 and he says it will go lower to 0. 5 . Is this record issuance we are seeing a enough to derail the rally . I t
Thanks very much for joining me here on to the point coming to you from berlin and my guests here in the studio are kirsten vest far from the German Institute for international and Security Affairs who says north stream 2 has serious political implications but the Collateral Damage of u. S. Sanctions is far reaching also with us is michelle 2 month Foreign Policy expert with the berlin basically to mediate sayit he argues that europes quarrel on nordstrom 2 is the biggest failure in german Foreign Policy in more than a decade and a woman eric rohmer author and journalist who writes for the Los Angeles Times and eric believes that the u. S. And many other countries have long warned germany about the perils of north stream to those warnings were however ignored well thank you all 3 once again for being here in berlin today with me because i would like to begin with you is a. Energy expert to tell us what makes north stream to so important and so very controversial. I thought i would say
Work thanks very much on joining me here on to the point coming to you from berlin and my guests here in the studio are kirsten vest far from the German Institute for international and Security Affairs who says north stream too has serious political implications but the Collateral Damage of u. S. Sanctions is far reaching also with us is michelles 2 month Foreign Policy expert with the berlin base we can eat in sight he argues that europes quarrel on nordstrom 2 is the biggest failure in german Foreign Policy in more than a 101 welcome to to eric also a journalist who writes for the Los Angeles Times and eric believes that the u. S. And many other countries have long warned germany about the perils of north stream to. So his warnings were however. Ignored thank you very once again for being here in berlin today with me because then i would like to begin with you as an Energy Expert to tell us what makes north stream to so important and so very controversial. I thought i would say the p
To expand its territorial ambitions. Big oil gets ready for a post covert world with billions in White Nigeria gets ready to export gas to europe. But no money to send home families struggle to pay for food and rent its global witnesses to the pandemic. In the himalayas in disputed territory china has been exerting its presence to deadly effect 20 indian soldiers were killed in hand to hand combat the standoff between the 2 Nuclear Neighbors is just the latest move by an aggressive beijing to use its growing economic might in territorial disputes from taiwan to its control over hong kong but its president xi is reach across the South China Sea that we want to look at closely this week to do that its defense spending is inching higher and higher from 143000000000. 00 in 2010 to 261000000000. 00 in 2019 aljazeera alex go topless takes a closer look now at chinas naval ambitions. This is a photo of a shipyard in china so it shows night watch ships a Missile Defense system an Aircraft Carr
Face, quote public and private pain after choosing to exclude huawei from the roll out the treasury surges and jamie dimon says the future path is uncertain. We dont know we are very clear, i think, you will have a much more difficult economic environment Going Forward than you had in may and june good morning. Welcome to street signs. I want to take you to some of the market action. As we opened up, we were very strong very little in the way of red ink. More moving on to the charts, it has been an interesting section as we we up the potential for another vaccine for the coronavirus very mixed reports from profit hit of covid19 and the lockdowns and some of the outcome it has been a mixed bag as we rake through the earnings from telecommunication and luxury weve seen a lot of provisioning this morning, trading higher by three quarters of a perfect. You can see how it translates across the core markets. The ftse in the uk is. 8 in the green. Decent outpacing german stocks today. Weve gi