Election. In canada, alberta is under a state of emergency. The declaration comes as crews with to hold back wind, wildfires that have already torched 1600 homes. Officials say there are 490 49 wildfires, seven out of control. More than 80,000 residents have fled. No word on injuries or facilities. Fidelitys. At least 20 people are dead, dozens wounded, on a syrian refugee camp near the border with turkey. Hundreds fled, including from aleppo. Global news, powered by 2400 journalists, and more than 150 nurse news euros around the world. Im mark crumpton. Emily im emily chang, and this is bloomberg west. Coming up, square his firstquarter reports are out, and shares are plunging. How jack dorsey Payment Company plans to end up increasing competition from apple and paypal. We break it down. Plus, the media get serious about snapchat. Whyear from the ceo about hes setting up a studio for snapchat, and where he thinks new media is heading. And the man i string in a digital revolution in ed
The camp is home to people including a province. Powered by our journalists and 150 news bureaus around the world. Emily this us bloomberg west. First Quarter Report card is out and how the Payment Company tends to fend off competition. Nap chat ries about and where he thinks new media is heading. A evolution, the founder of the academy. First to our lead. Shares down as much as 16 despite the First Quarter revenue. And ues was 739 million investors are disappointed in that loss. What does the c. E. O. Need to show wall street. C. E. O. A former what would you pull out herement here . And there was some commentary preceding the nd financial statement. And Challenging Market conditions. Square in the way they extend edit to Small Businesses and 154 million. Take that credit and sell it to investors. And dont have that the credit risk. And very attractive to investors. Challenging Market Conditions and couldnt sell the paper during the quarter as quickly as they wanted to, and that is a
We have politics to think about. What a combination we have for you this morning. The canadian loonie is under a depression this morning. Anna there is the Prime Ministers decadelong ball. Markets are interpreting this as a little bit of a negative. It is trading a little bit lower this morning. People are nervous around the fiscal picture. Does this mean more deficit spending . A very challenged economy. Guy a different take from what we look for in europe. This is the chart i love, though. They were having such a good day. This is the db adr. Then, we got this. Mid little crater afternoon, in the adr session. What i want to know is, 6 billion arms up in your hedge fund, what are you going to do with it . Assuming you have it for 24 hours. Answers are all trending on twitter. Back to the market. So much is happening currently in equity markets. Lets go to david in hong kong. David a very good morning to you guys. I can tell you none of that 6 billion appeared in equity markets in asia
Hello. Welcome to countdown. All. Y good morning to you Vladimir Putin addressing russia today amid the collapse of its currency and a deepening economic crisis. The ruble has rallied since hitting its lowest ever after the central bank step in to say it will help Companies Meet their debt obligations and foreign currencies. Theeaders weighing in on ruble issue. The russian crisis is on the agenda. Obama. President barack will not be helping putins case either. He is said to sign a bill pushing further sanctions on the russian economy. What are his options as he heads onto the world stage this morning . Bloombergs Ryan Chilcote reports. Extraordinaryn several days for russians. Since Vladimir Putin last weighed in on the currency, the ruble has been in freefall down at one point a full 30 since he last spoke. Far from hiding, this commercial advertising putins annual has conference suggests the russian president is ready to take the ruble and the world on. Expect a robust defense of sy
Im robin adams with the sport and l. A. Clippers Basketball Team is set to go for record 2 billion and we have reaction and analysis coming up, later in the program. Ukraines president elect says the man responsible for killing a Ukraine General and 13 other soldiers will not go unpunished and they were shot down on thursday and separatist fighters say they used machine guns in the attack but government says their weapons were much more advanced air defense missiles. This is david in donak for us and david what is happening there . Reporter well, the latest developments are the acting defense minister in kiev has been saying the operation will continue with full force here on the Eastern Front of the country. And that they have effectively cleared the south of the city and the west of the city of donsk of what they call rebel fighters. As we saw in the downing of the helicopter, the military helicopter, it does appear now there are new weapons and very sophisticated weapons in the hand