Notably on the issue of the irish border. That is headache number one, i border. That is headache number one, headed by borisjohnson. Headache number two relating to our long time trading relationship to the eu. Michelle barnier was very clear. An exasperated minister has an arresting analogy for the brexit negotiations. They are now like the iconic scene in the spaghetti western the good, the bad, and the ugly. Who will shoot first . This minister asked me. As if on cue, one of the characters in the real life stand off popped up to make clear that the eu is now spoiling for a fight. Michel barnier was dismissive of britains plans for its future trading relationship with the eu, which theresa may will outline in a major speech on friday. Translation it is an illusion to imagine that we are going to accept cherry picking. We are responsible for maintaining the integrity of the Single Market. The uk knows the rules that underpins the integrity because they worked with us to create them f
Will he address this in any way . Sarah we want full transparency. We will make a decision when and if that time becomes necessary. In terms of the state of the union i not going to get ahead of the president s address. I know you will eagerly tune in to see what is going to be included. We have addressed it every day we have been here. It is one of the questions you asked over and over again. That. Nd more on poll after poll, frankly no one cares about this issue. It is not the thing that keeps people up at night. My guess is that will be the focus of the union tomorrow. President speaks, president s are normally optimistic. What is the state of our union today . It is incredible. I think you will hear that in the president s remarks. We have an economy that is booming. Isis is on the run. There are some great things happening in this country. You can expect to hear the president talk about a lot of those. Not only the first year but the great things we will do in the next seven years
I want to make sure we have that time, because we have to have that time period available. We cannot go to close to the end of the year. It does not matter if we are passed by a week or so but we wanted by the end of october. Mark david davis pushed back against the october deadline. He wants the deal finalized over the last three months of the year. The you will have no say during the transition period. Four months after Hurricane Maria struck puerto rico Officials Say thousands more are still living in hotels. Reimbursements from feeema have begun to run out, and many say they cannot afford temporary housing without assistance. Maria completely destroyed more than 70,000 homes and damaged 300,000 more. The agency says the program will end march 20. In galveston, texas, Officials Say nearly 800 families remain in hotels five months after Hurricane Harvey destroyed or damaged their homes. Floodwaters that have reached a peak in paris are threatening towns downstream along the seine riv
Rival, bill ackman. Not the best return on a short position. Julie irelands Prime Minister wonders exactly what Great Britain is looking for in brexit talks . Where we are confused and puzzled, what does the United Kingdom want with the European Union . Julie central bankers take center stage at jackson hole, and we sit down oneonone with two fed president s. I think you have to be careful on the estimates as opposed to the broader trends. I think we should be removing the accommodation, but it should be Done Gradually. Julie plus, a roundup of the weeks most intriguing earnings report. We had a very high quality set of results. We have to be patient, we know what our businesses are worth. Julie it is all straight ahead on bloomberg best. Julie hello, and welcome. Im julie hyman. This is bloomberg best. Your weekly review of important analysis from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. The week began with the major deal involving
Level of the year. The yen strengthening as investors seek safety. Rishaad the u. S. Oil industry facing more chaos as harvey gathers strength. They are facing a renewed threat. Russell spencer of frustration at the u. K. , saying brexit negotiations are not serious. Michelle barnier wants more details. Let us get to todays events right away. Looking at this north Korean Missile test flying over the island of hokkaido, really unprecedented that we have seen a north Korean Missile flying over the japanese mainland. Let us look at what is going on at the moment at this chart, 8092. It is telling us there is not much to be worried about. No one worries, according to this. This is a signal index, below average risks for the korean currency at the end of july. That bit still persists. Just going to tell you who does worried. Investors, generally speaking. Goldrecent move higher in announced that 1300 level. A nearterm advantage, 1340 per ounce is on the cards. This has been further supporte