Blogs in iran and you want to be al jazeera news our life my headquarters in doha in this sixty minutes we have teens in kabul on the turkey syria border also reporters everybody germany and in harare zimbabwe also escaping the gunfire at a luxury hotel in kabul six civilians are dead the taliban has claimed responsibility. Also turkish troops launching air and ground attacks against kurdish fighters in northern syria. And defending Donald Trumps israel policy shift the u. S. Vice president is in jordan on the second stop of his middle east. And our top story in force rappler a taliban says to the quarter finals of the australian it was straight forward for the brown family. Good to have you with us welcome to the news hour we start in south asia where the taliban has claimed responsibility for an overnight attack at the Intercontinental Hotel in the capital kabul the siege began when a gunman stormed the building on saturday night six civilians were killed along with five attackers du
For continuity or change. , i am to daybreak asia haidi lun here in sydney. Betty i am betty liu in new york. Talking about Hurricane Harvey Recovery Efforts and now we are focused on Hurricane Irma and how the markets are looking at this. 108. Nt to pull up a chart, 4 benchmark catastrophe bond index, which shows you how much these bonds have fallen in the face of these hurricanes and storms. Matthew,ee hurricane the big decline we saw in that. In 2012, this is hurricane they, which devastated northeast region. I remember vividly being out of power for over a week. This on the right sound right hand side is Hurricane Harvey so far. Milder than the catastrophes of the other storms. However, many are saying that Hurricane Irma could be just as bad, maybe even worse than what we saw back here in 2012. Think you dont want to about it that way, but barclays said it could be the most expensive storm in u. S. History. You can see that price action playing out in with orange juice futures, su
Revealing more about the 10th anniversary iphone, apples most important new product in years. Welcome to daybreak asia. You, thewere showing devastation by Hurricane Irma as it made landfall today in florida. Bring up those pictures again of what it looked like an ft. Myers. Certainly very scary as the storm moves westward. We are tracking the path on our bloomberg here. Hurr , irma taking a different direction, more westward. The severity of the storm is continuing to decline. By monday at 2 00 a. M. , a category one storm. That may be why we have seen various estimates, including one reducing estimates of damages from 200 billion to 48 billions 48 billion. It is a movable feast, isnt it, as we assess that different kinds of damage to property. There are households without power and some may go without power for weeks to come. Some of this infrastructure damage will need to be built from the ground up. We will be talking to a Real Estate Developer with property in miami and get his ta
That is on location in texas. 30 minutes into the trading day, Abigail Doolittle is here. Abigail we are looking at various bond declines after what that after that jobs report. The first decline since 2010. Investors seem to be looking past that. Much of that had to do with uncertainty around the hurricanes. What stands out, the declines may be small but we dont have any record highs at least so far. And the fact that Hourly Earnings rates rose in the big way. That is putting a big reaction into the 10 year yield. It is up five basis points. The 10 year yield now having its best weekly winning streak of the year. We see that coming after the jobs report. Thinking Hourly Earnings rise is enough to put the fed on course to hike rates in december. There is good reason to think that could be the case. Btv 6588. Look at this goes back to 2008. In yellow we have the Market Participation rate. Blue, we have the Hourly Earnings growth. In white we have the 10 year yield. At the Great Recessio
A thank you to the religious conservatives who helped him get elected. The director of the antiNuclear Weapons campaign that one the nouvelle peace prize novell peace prize says we cannot threaten to slaughter hundreds of thousands of civilians in the name of security. Beatrice fan of the International Campaign to abolish Nuclear Weapons told reporters in geneva that the election of donald trump as president of the United States also sends a message. Ways forare no right the wrong weapons. If you are uncomfortable with the idea of donald trump having Nuclear Weapons he is able to launch, you are uncomfortable with Nuclear Weapons in general. I think that is really the message that we want to come across. Fihn said the award signs a needed light on the need for a world free of Nuclear Weapons. News powered by more than 2700 journalists and analysts in over 120 countries. I am mark crumpton. This is bloomberg. Julia live from bloomberg World Headquarters in new york joe i am joe weisenth