This call if they are interested is a very good book called firefighting summary of the crisis and one called First Responders which is gets in deeply to the individual program. I recommend everyone have a look at it. Over the next couple weeks. Been among other things is a distinguished economic historian, wellsuited to put this horrible event we are experiencing now in context for us. To give us a sense today of what will determine how deep this recession will be, perhaps how long it will last, how effective the fiscal and Monetary Policy response has been and perhaps whats likely to come and whether the covid19 recession will leave longlasting scars on the u. S. And the global economy. I will turn this over to ben for his remarks after which david wessel will pose questions and i think after that there will be instructions on how the audience members can ask their own questions. Then come over to you, thank you for doing this. Thank you glenn, thank you everyone for joining us this
Singapore, and, japan, three out performers. Lets have a look at what is happening in south korea. Indexart of the cost be kospi index. It is not immediately clear how many missiles were fired. We were just talking about this of stocks might be at risk because of the tourist flow from china. We are seeing a pop in the defenserelated shares. Have a look at the shanghai composite. , alsoown across sectors moodys revise the Credit Outlook for 38 state owned Chinese Companies from stable to negative. Long story short, and this is based on their statement, the change in Sovereign Rating , their capability to thanrt soes weaker moodys expected. China a picture of an economy that sputters on all fronts. Sector slowed down in february. Onare in beijing with a look the back of disappointing pmi manufacturing data. China keepsews for rolling in. Pmi coming up 49. 4, falling from 50. 1, so it did hold its head above water in the previous month. Broadly painting a picture of disturbingn what is is
Good morning. You are watching the polls. Pulse. We begin in belarus. To have a and failed resolution to the conflict. Joining us on the phone is alexander. So, is there any good news here . Was any good news made . Indeed. President of the ukraine and Vladimir Putin are talking to each other. That is a good sign. A long conversation yesterday that took place behind closed doors. The conversation did not yield a major break. conversations will be with the military of the ukraine and russia that will aim to organize a more effective Border Control on the ukraine border. That is important because they allow weapons and fighters to flow across into ukraine territory. Lets talk more about that. What can you bring us with the situation on the ground. Ground . We hear about a buildup of military equipment that could be supplied to the rebels. What are we seeing . Yes, indeed. Poroshenko said that he did not mean that war had stopped. This is still very troubling and, perhaps, the most Danger
Volatility. And a big deal coming in oil as crude prices fall to new fiveyear lows. They are said to have revised talks with talisman. Repsol are set to have a revised talks with talisman. Welcome to countdown. A bloomberg exclusive for you. It is the chief executive at ubs. I joined him for an exclusive interview. I wanted to know more. I started by asking, three years into your tenure as the head of how he would score himself. I am going to be generous with myself. I give myself lucky number eight. Lucky number eight. I cant remember i can remember our first interview, and i said, do you think people bitthought you were a strange, downsizing, focusing on Wealth Management. You were very cautious, and you said it was too early. We are three years in. Yes or no . Success or not . Eight. Thats fine. The market has been fair to you as well. I want to go back. I remember reporting on the headline, 10,000 jobs to go. I know thats not the number we arrived at. Those are hard decisions to ar
Able to be reciprocated in other neighborhoods i appreciate our consideration and i hope youll give every opportunity for this facility to include more children and to condition working the way it dont tough thank you. Next speaker. Hi, im speaking as a parent of the child that attended the San Francisco anyone sar from 2009 to 12 evidentially i relocated and had to find childcare for they 3yearold son at the time, it was critically stressfully situation for working parent and it was a godsend when i found San Francisco academy they were located two blocks a 5 minute walk from my house. And, you know, is it fair to say a wonderful experience my son one of the important thing was that it was in a safe area i could walk my child to and from school i would walk him to school get ready for work and drive home and be able to go and walk and pick him up and have that time together. As the previous speakers have said not all daefr and preschools are the same im an educator im impressed with t