They call the process excruciating. Good morning, everyone. Happy friday. We have made it to friday. It has been quite a week. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. The markets are focused on brexit, oil because of opec, and focus on u. S. Stimulus in the u. S. Stocks are holding gains, key data of course out of the u. S. , it is the u. S. Labor market. It is going to give us an indication of whether the economy needs support or not, and Oil Extending Gains after ninemonth high after this opecplus deal. I am looking at the dollar, treasuries pretty much nudging higher. A lot ofve a prett volatility because of brexit do we have a deal, do we not have a deal, have they walked out . It has been pretty unclear so far, talking about lastminute ships come up the british saying it is because of eu demands at the last moment, but it seems like it could be up in the air. Now lets get to the bloomberg first word news. Here is leighann gerrans. Hi, leighann. Leig
Parts as we have already said this is attempts number 3 the 1st on the 10th of october mediated by moscow collapsed fairly swiftly and the seconds just over a week ago last barely minutes so well have to wait and see what the future is for this ceasefire but of course a cease fire does not mean pace a cease fire is just. In the fighting. That gives the leaders of these countries a chance to perhaps sit down and hash out something more durable the is a very maximal position is that it wants to take back the entire city of nagornokarabakh and the surrounding areas that armenia controls that of course is not something that armenia will ever accept as long as it has the military ability to resist it armenia says well ok we would give back the areas around the corner karabakh but only if nagornokarabakh security ability to self determine is guaranteed and neither side seems willing to budge on those positions at the moment thousands of celebrated throughout the night in jail is the country
Probably theres been a little bit but certainly expect for many years youve been officially at war with the know its not only to do it but its peace so thats official thats you know we have at least 5 that want to come in. And fish is at the white house with more eyes for donald trump but he seems to embrace the idea of making small deals across the middle east rather than previous answers trying to build one all compassing middle east deal he believes that this changes the reality on the ground he already got a deal signed between the United Arab Emirates and bahrain to recognize israel remember the Abraham Accords were signed here at the white house just in september just over a month ago and he believes that there are 5 other countries who are ready to sign up to this deal him organising hard to and with more on the impact on sudan. Lifting sudan out of the u. S. List of state sponsors of terror means an improvement incidentally economy maybe not immediately like be acting minister
A few days ago brazil the worst a country in the region has over 5000000 people infected with the coronavirus 157000 people there have died. Across the world theres been Something Like 42000000 people infected 10000000 of those are in latin america so its got around about a quarter of all the cases in the world and the number of deaths approaching the 400000 marks a grim picture right across the region very few bright spots to be had anywhere the numbers only seem to be going up every everywhere you look a year or so ago the world bank predicted that the whole region economies in the region would grow by 1. 8 percent theyve now revised that talking about a 7. 2 percent drop across the region and were already seeing the consequences of businesses closing tens of thousands of people losing their jobs and many many people moving having to move out onto the streets. U. S. President donald trump has cast an early ballot near his private resort in florida he went to a polling station in West
This agreement and if that happens then we will begin the steps towards normalization. If you have some of the u. S. Ambassador after President Trump suggested that egypt might blow up ethiopias grand really. The projects been a source of tension since construction began in 2011 if the o. P. s sudan and egypt a failed to reach an agreement after nearly a decade of negotiations hammad vaal has more i want to just congratulate words of pride after brokering going to agree ment to between sudan and israel to normalize ties but president Donald Trumps next remarks suggested a new conflict in the media africa region its a very dangerous situation because egypt is not going to be able to live that way and theyll end up blowing up to them and i said and they said loud and clear dont blow up that dam and they have to do something because they could have stopped it they should or started long before we started i said how do you let it get built and then you say. Trump preceded those words with