Names in business shoot from the hip. Mark in Silicon Valley, they are in their own world. Sen. Sanders this is a litmus test. I am worried about the future of american democracy. Howard they are scaring the hell out of people. Shery plus, conversations with highflying executives at the singapore airshow. It is all straight ahead on bloomberg best. Shery hello. I am shery ahn. Welcome to bloomberg best, a weekly look at the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets begin with a day by day review of the weeks top headlines. On monday, trading resumed in china following the Lunar New Year holiday amid new concerns over the stability of the yuan. A day of dramatic headlines here with china dominating the news. The pboc governor broke his long silence. What did he say . What was significant about it . His message in and of itself, i would not say we officially knew. He said we are not engaged in competitive currency devaluation.
Were not seeing a lot of movement. Oil is having its biggest oneday gain in a weeks time as the meeting is suddenly being sent to discuss any changes to financial reduction breezes. You can see oil prices are up by 3 going into that. I also want to check on the fixed income market. We got inflation data this morning. Cpi coming in higher than , risingd yearoveryear 2. 3 . You can see the 10year moving upward, and this came as we got that data out, 1. 99 . Vonnie thank you. To the breaking news. The Associated Press reported president obama is due to nominate Merrick Garland, the Supreme Court d c circuit justice to the Supreme Court nomination post. Whether he gets nominated or not , whether there are humans or not, will be examined. Lets go straight to the white house where our reporter is standing by, waiting for the president to speak. This was confirmed by the ap, not confirmed by other sources yet. Hearing anything at the white house . We are hearing from multiple sources that hav
Saying moscow was reckless in its actions. Literally losing the shirts off their backs. Theyre forced to flee a meeting with workers that turned violent as the airline details its job cutting plans. What a day it was for u. S. Markets yesterday. Youve seen a percentage of advantages up 200 . Meantime the s p also saw its 5th best day of the year and the nasdaq is out of correction territory. You see regaining all of their september losses that we saw being lead down by the concerns over in china and the sectors that saw the biggest declines were financials, energies and telecoms. Now were seeing big gains. Up from fridays session lows and when you check in on the s p itself, posting its first five day winning streak of this year, 2015 and its fifth best session of 2015 as well this year. Meantime s p slashed its Credit Rating and outlook for 14 oil and gas firms. It includes bp which had its outlook cut to negative. Lets look at the price action. All losing three quarters of 1 . The Ra
There needs to be records so people with Mental Illness cant get guns. Im glad you asked that. I want you to think about something. Were focusing on the guns. Lets talk about the people. This person, this guy who committed the mass murder in oregon, it was his mother. He and his mother. Where was dad . Where was brother or sister . Where was neighbor . An, folks, are marriages our marriages, too many of them have eroded. The relationship with our neighbors. Whats happened todd neighborhood . You see, we are all really our neighbors keeper. And we all have a responsibility to live a life bigger than ourselves. Its about justice and healing and who is helping this woman down in virginia . This is something the government could have done. There was not an emergency bed for his son, he took his son home and the next day, a tragedy occurred where he was stabbed and his son is gone. Why didnt we have the beds . Was it because we run over eople who we dont understand . What are we doing to he
Shinzo abe a blow to shinzo abe. There is uncertainty about whether japan can reduce its deficit and boost growth. He has helped to make his economic policies the focus of the campaign. Brendan . In Hong Kong Police are battling prodemocracy protesters that have occupied the citys admiralty district. Police used water hoses and pepper spray to push back protesters. Trying toters are expand their hold on central hong kong. Is protest leader alex chow. Any movement that can successfully surround the City Government headquarters makes the authorities lose face and gives them a slap in the face. If they want to keep their dignity, they should respond directly to citizens democracy requests. Protesters have demanded that hong kong allow free elections for its next leader. The government is refusing. In d c for the lameduck congress, a lot to do and not much time to do it. Lawmakers are back for the next couple of weeks before a new congress convenes in january. On their list come up with a