Million fine to settle privacy concerns. The proclaimed arrogance of callingvalley, a ceo the facebook pitch to lawmakers on libra by facebook uncomfortable. First our top story. Facebook, tesla, amazon all reporting secondquarter earnings. Amazon and alphabet reported thursday. Alphabet was all about sales and regulation. Our analysts weigh in. How google gets revenue, 85 of revenue is from the ad business. Competitionen the that they will be facing, you do not want to be in a spot where you have north of 80 of your revenue coming from advertising. I think they will place a bigger emphasis on the Cloud Business Going Forward. How much success they are going to have is hard to say. They have not been able to get out of the third slot. They are facing massive competition against microsoft of amazon who have had a lot success and put significant dollars behind that business. It will be something that will be hard to get out of that third slot but still a significant part of their busines
Thank you for watching bloomberg surveillance. The stocks europe 600 down a touch. A lot of the focus is on the jay powell. You can see the u. S. 10 year yield at 2. 10. And we are looking at the pound. Boris johnson is the person who will probably become the Prime Minister and keep saying no deal brexit should still be on the table. We seeing Market Movement with the pound extending. You can see cable at 1. 2458. Coming up, we talk commodities with blackrock at 10 30 a. M. London time. But first, lets get straight to bloomberg first word news. China are. And holding the first highlevel talks since a truce was called in the trade war. Top trade officials are speaking on the phone. Larry kudlow says the initial talks were positive. There was headway last winter and spring, then it stopped. Hopefully, we can pick up where we left off. Ambassador lighthizer and secretary mnuchin are exploring all that. Discussions today went constructively. But its too soon for details. Factories and bare
President ial debates or if you are lucky at your summer barbecue but it is an important topic and for a number of reasons and then with the Nuclear Deterrence is so important and underappreciated man whose job it is to manage those Nuclear Weapons and conduct operations and for what they are asked to do that is legal and legitimate society owes them those so its not so simple but that legality may be distinguished from the legality of using Nuclear Weapons. And those that prevent you from having to do it. And a whole different set of legal considerations and that this kind of question and to be glad that it is being addressed here to be a part of this discussion and also to point out that is likely to become more salient over the next few years which again reinforces the idea between the excellent paper he has written on the legality of Nuclear Deterrence that is produced by the National Laboratory for Global Security research. It is free. You can download it from the website. Last ni
Good to see you all here and in with Nuclear Deterrence this is not a topic that you find online Cable Television or political shows or president ial debates or if you are lucky at your summer barbecue but it is an important topic and for a number of reasons and then with the Nuclear Deterrence is so important and underappreciated man whose job it is to manage those Nuclear Weapons and conduct operations and for what they are asked to do that is legal and legitimate society owes them those so its not so simple but that legality may be distinguished from the legality of using Nuclear Weapons. And those that prevent you from having to do it. And a whole different set of legal considerations and that this kind of question and to be glad that it is being addressed here to be a part of this discussion and also to point out that is likely to become more salient over the next few years which again reinforces the idea between the excellent paper he has written on the legality of Nuclear Deterr
A recent agreement of an african free trade area is sim by some as an incentive enough for regional leaders to finally launch it after 3 failed attempts. While businesses say a common currency will ease regional trade not everyone is hopeful that all 15 members nations of the covered bloc of course have the political will to see it through next year. By degrees. Still ahead on the bulletin a defiant donald trump issues an executive order to determine who is living in the u. S. Legally and who isnt. Hello there its been a very unsettled picture polls across much of Southern Europe this some improvement the weather picture as we head through the next couple of days subjects out on the satellite and actually quite a bit of activity across Central Regions of western europe but what about the rain just yet but the good news is a sigh is that much of the south in the southeast those strong thunderstorms that really are clearing through certainly by friday the rain pushing the across much of