Money at the problem and it solves one part of the problem. We are seeing an absolute synonymy of selling. Hitting every single asset class out there. Asia is down between five and 10 . You are getting Circuit Breakers triggered in korea and the philippines. Yvonne this is what makes things a little bit more real for people. We have dealt with this before with sars. But outside the region, this is uncharted territory. Trudeau nowhie testing positive for coronavirus. The pga is canceling its players championship. The ncaa is canceling march madness. Things are starting to disrupt daily lives. David absolutely. Lets have a look at your movers right now. Not that it matters. Our team crunched the data. The stocks that are getting sold off the heaviest right now have the week balance sheets. That is way you dont want to be. Youre getting more cyclicals as well getting pummeled. It is a day that you dont normally see. We will leave it there for now. The coronavirus handed wall street its wo
Killed 43 people. Hundreds of thousands have been evacuated. Rains and rising rivers have left 200 neighborhoods submerged. Landslides are also a problem. It is the worst flooding in jakarta in six years. The political honeymoon for Scott Morrison is over because of the deadly bushfires in australia. His clumsy handling of the oneis has brought criticism day after declaring a national disaster. He went on holiday to hawaii. Some of that criticism is coming from fellow conservatives. The fires have killed 20 people and left 28 missing. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. Im viviana hurtado. This is bloomberg. Live from bloomberg World Headquarters in new york, im vonnie quinn. Jon im Jon Erlichman in toronto. Welcome to bloomberg markets. By our bloomberg and Bnn Bloomberg audiences. Here are our top stories from around the world. Severe retaliation. That is what irans Supreme Le
Down by 10 an ounce, but above, 13 1300 an ounce. David here now is your morning brief. Sachs willgoldman lay out its plans to turn around performance in core bond trading. Apple will be launching a new iphone. Willuropean president deliver a state of the union address. We will get u. S. Economic data on retail sales and inflation. Lets get an update on headlines. We have emma chandra back. Weakenedricane irma overnight after battering south florida. The storm had been downgraded to a category 1 with top winds of 85 miles per hour. It is northeast of naples and is expected to weaken further to a Tropical Storm today. The damage is unknown. Turned into rivers in miami and almost 5 Million People without power. Severe damage in flooding in the florida keys. Research has slashed estimates of total damages from 200 billion to less than a fourth of that. The u. S. Has water down proposed sanctions on north korea. According to a european diplomat. The United Nations Security Council may vote
Devastating setback. At a rally in san jose this morning families of undocumented workers made their message clear. Their hopes are dashed and their hearts are broken. There are no words to express how deeply disappointed my entire community is. How much relief this would have had on everyone. Doppler, pres. Obamas immigration plan couldve helped as many as 5 million unauthorized immigrants, sparing parents immigrants, sparing parents of citizens from deportation granting them work for mets. But a deadlock Supreme Court means a Lower Court Ruling to block the measure will stand. This will not keep most of our undocumented community in the dark. The case originated out of texas and the Texas Attorney general released a statement saying its proof that one person even a president cannot unilaterally change the law. Republican leader paul ryan agrees. This is a win for the constitution. It is a win for congress and it is a win for our fire to restore the separation of powers. President s d
Proponents argue this deadline is necessary to ensure timely consideration by d. O. E. , but given the departments track record, i find this arbitrary deadline to be completely unnecessary. In fact it could be detrimental to the ultimate approval of an export application. In light of recent events related to the jordan cove application in oregon, do you believe it makes sense to force d. O. E. To hastily make a decision on an application based on the final eis . We have consistently said we see no need for this. By performance. And as youve said, i think very correctly, there can be unintended consequences. The jordan cove, when that was rejected by ferc for nonenvironmental reasons, would have caused a problem with the bills as proposed. So, you know, we really should be having records of decision by ferc in this case or marad for an offshore facility because that is the complete set of information that informs our final judgment. I want to ask you about Climate Change and note that C