Ministers brief reporters, and it is brutal on the negotiations. Tom brutal is the right word. There was one photo ice saw. E looking justutt exhausted. For those of you who have not followed the soap opera, it is still not over. This monday isn deceptive, extraordinary. Out of china, the virus particularly in america, and this european donnybrook it is amazing. And then the market reaction. Francine it is quite a lot for a mid july market. Now lets get straight to the bloomberg first word news. Here is ritika gupta. The their repeating European Union may be on the verge of a deal with denmark and Sweden Holding of the oceans. They appear to be ready to greet that 450 billion of the fund would be made available as grants with the rest of it coming as low interest or loans lowinterest loans. Brexit negotiations are in a tense standoff, dashing hopes of between the u. K. And the European Union, which failed to make progress last month. British negotiators say the e. U. s concessions are
Years before resigning to join the trump justice department. He was forced out after his refusal from investigating russian meddling in the 2016 election. That is our first word news. Im Mark Crumpton. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following from around the world. Schools across the United States prepare for students to return in some form in the fall. Ill be speaking with authority else goes in garcia, the president of the National Education association, representing 3 million Public Education professionals. We will also be speaking with 2u inc. s chip pot check. Position be taking a on how to stop the administration from enforcing those visa rules that would Bar International students. Also discussing the ramifications of colleges going online. Shares of ncino surging today, 71. The ipo was priced at 31. I will speak with the companys ceo about its
Francine, but this is really extraordinary and really, really important. We have consulates in china. Clearly the chinese have said they are going to act rapidly on this. The backstory of this is intellectual property, which is nothing more than the stealing of trade secrets. Ellen not a shema in the Washington Post in recent days writing up the trial in houston phone that holds oil platform in the water. Where there is literally a court case going on about the intellectual Property Value of the foam that holds up big pieces of steel in the water. Just one example around this breaking story. Francine this also comes on the back of what we heard yesterday, right, tom . The u. S. And other countries accusing china of hacking and Getting Research information regarding covid19. Tom no question about that. Let me get a data check. Futures 17. The story is safe haven, and you see it quickly in yield, where the 10year yield has come in. 58 a vengeance,. 59, a handle. The twoyear United Kingdo
3 months. Very serious cliffs that hurt lots of people. And officials are holding their annual summit on tuesday china is expected to be a primary focus for those discussions. Today so lets go and get. Big stimulus this week as the g. O. P. Rolled out their new one trillion dollar Coronavirus Relief package bill on monday Senate Majority leader Mitch Mcconnell unveiled up plan dubbed the heels are. We made it Senate Republican to a ministration had been consulting over the last few weeks to come up with a realistic proposal. With what we think is an appropriate amount of Additional Debt to be good to the economy at this time. We think it is about a trillion dollars. And weve allocated it in a way that we think makes the most. For the country at this particular time. Already theres a split between Senate Republicans on the bill but next come to go sheesh and what the democrats this is ahead of some looming deadlines all Senate Minority leader Chuck Schumer called the relief package tota
A moron and hes unfit to be president and were trying to help bring them out publicly to say what they believe about trump privately to say that publicly he had republicans going against shrum but as you know written a couple of books including what does it. Have to be about you know what he said about you youre a one time bad congressman from illinois and then trump said you lost in the 2nd term by a landslide and then you failed in radio you see what trump thinks of you and your attitude to him and not winning in november. Type praise asked him any time data would trump goes after you you know youre making a difference look a lot of people have left the Republican Party we dont talk about that enough that will trump always prattles on about how to 90 percent of republicans support him you know what a lot of people no longer identify as Republican Trump support is like a sinking ship there are a lot of former republicans and conservatives out there who want nothing to do with them and