Affairs from all Different Directions into some of the worst tragedies on the planet, but you chose to focus on a small town in oregon. Why lex guest we were running around covering humanitarian crises and we would go back to my beloved hometown and we saw a humanitarian crisis unfolding there. A quarter of the kids who were on my Old School Bus were gone from drugs, alcohol and suicide. I tried to process back. The kids that got on the bus right after me [inaudible] and then nathan and their sister virginia, smart talented kids. One died of drug and alcohol abuse, one in a house fire when he was passed out drunk and one blew himself up cooking meth and died of hepatitis from drug use. Hunter biden the Oregon State Penitentiary for 13 years. So, for a while, we wondered is it something that this is a National Problem that we have depths of despair and Life Expectancy is falling for three years in a row in america and god my old loves this kind of a microcosm to see that opinion across
Particularly because taking a look at a small town in oregon that you come from and i come from a small rural town in oregon and i just ponder how in your professional career traveling the world in a different environment reporting on World Affairs but you choose to focus on a small town in oregon. Why we were all covering the humanitarian crisis and going back to my beloved hometown to the family far we saw humanitarian crisis unfolding their. One quarter of the kids were on my old Number Six School bus for drugs and suicide. The kids who got on the bus right after me a smart talent of kids from drug and alcohol abuse one died in a house fire when he was passed out drunk and regina died from hepatitis injectable drug use and so for a while with a Life Expectancy was falling for three years in a row and it was a microcosm. You saw this through the lens of returning home it could have been titled School Bus Number six. And then early in the relationship over the last couple of decades a
Significant rally, up eight at the opening bell, a gain of 55, urging the fed to cut rates. We wait to see when the fed is. Some money coming out of treasuries. I want to see it but cant, dont have it but it is up from the historic low of one. 03 , it is one. 12 as we speak. Politics. A mad scramble by the democrats to support joe biden and beat back the bernie challenge. Amy klobuchar and Pete Buttigieg throw their support to biden, beto reappears to back him up. This is desperation time. Today bernie is expected to win the california and texas primaries, all hands on deck for the moderates, they are panicked at the thought of the bernie nomination but there is still bloomberg. He says even if he doesnt do well today he is not bowing out. Democrats are locked in a 3way battle, totally split, at war with themselves. Just wait till you see joes latest gaffes, that is plural. Varney and company is about to begin. Tomorrow is super tuesday. I was waiting for a black man to pick me up and
Levels isnt yet hitting home. The energy bills should be coming down by now. Not from what ive seen. They keep putting the standard charge for electricity up and gas. But it doesnt feel like. The cost to go out for the day and eating and drink seems to be going up as well. Sometimes ijust dont even, like, pay for my wi fi because i cant, so we have to go without. Everything isjustl going up, isnt it . Everything. And you dont think that thats starting to calm down or stabilise . Anything you can see in your own bills . Maybe our gas and electric is i slightly better than it was or not as bad as it was getting, but apart from that, no, not really. The latest figures show food costs and prices in cafes and restaurants helping Drive Inflation down to 3. 1i last month the lowest level for two and a half years, well down on its 11 peak. From here, the Headline Rate of inflation is likely to fall below 2 , thats the governments target, driven by those falls in Energy Prices next month. But w
Good morning. This is bloomberg daybreak europe. I am lizzy burden in london. Chinese stock continue their slide. Sowing confusion over beijings approach to tackling the property slump. Watching wyoming as the worlds central bankers head to jackson hole. We will bring your top interviews from the kansas city fed. The netherlands and denmark will provide ukraine with f16 fighter jets in an agreement hailed by president zelenskyy as historic. Good morning. Happy monday. Who have you you have i hope you have your cowboy hat at the ready. All eyes on chair powell as we await his speech at jackson hole. Concerns about an imminent u. S. Recession might be fading but investors are still looking at potentially entrenched inflation and therefore higher Interest Rates for longer. Treasuries are down for the year after the recent losses but those losses are almost nothing to do with markets replacing fed policy which you can tell because the steepest declines are at the long end of the curve wher