And bogota. We begin in hong kong. Police fired tear gas in the after Central District the shooting of a protester increased tension. Chief executive carrie lam warned of violence leading to a point of no return, and to restore calm. Still anyf there is Wishful Thinking that by escalating violence, the Hong Kong Government will yield to pressure to satisfy the socalled political demands, violence is not going to give us any solution to the problems hong kong is facing. Alix 20 me on the phone from hong kong is joining the on the phone from hong kong is caringly is karen leigh. Walk us through what happened over the last when he four hours. We heard carrie lam warning that violence isnt going to help their goals, signaling that she will not bow to demands after five months. Of the most violent days weve seen one of the most violent days since protests started. There were clashes between protesters and police, a protester shot by a live round. That triggered a day of violence with these
Down by about six basis points. Time now for global exchange, where we bring you todays market moving news from all around the world, from hong kong to taipei, from london to new york and washington. Our bloomberg voices are on the ground with todays top stories. In hong kong, a Third Straight day of protests this rep to traffic across the city and shut down Public Schools for the first time. Chinese state media warned of consequences if the violence continues. Going to me on the phone from hong kong is karen leigh. Give us a sense of what is happening there. Karen i feel like i say this every time i talk to you now, but there is a bit of a new dimension here today. Schools were suspended for the first time during these protests. They will not be in session tomorrow. Some universities canceling classes for the month or even the semester. People start to realize that maybe this violence is going to go on longer than just these few days. We saw carrie lam say yesterday she wasnt going to
President trump talking about trade gave us an insight into the u. S. And china in terms of negotiations. A lot of focus is on what is happening in hong kong with heightened tensions playing their part in a selloff. The u. S. 10 year yield is at 1. 1010. Eurodollar at coming up, we speak to a bank chief executive a little bit later on. Lets get straight to bloomberg first word news here in london. 3g capital is said to have submitted a bid for an elevator business. That comes as a surprise with 3g having made a name for itself buying food giants. They understand the elevator unit could fetch more than 15 billion euros. They are still debating a minority or majority stake. Hong kong has announced a suspension of all schools in the city. This as the security chief warns of unthinkable consequences if violence continues. Early commuters packed on to the first trains amidst calls to impede rushhour traffic. The International Energy agency says Global Oil Demand will likely plateau around t
Vote for a cut now. Host another cluster of Companies Bring out earnings reports. They are going to write down wework that severely. We can adjust our set up to manage the situation. Everyone is getting a little more scared by the quarter. Sebastian the ceo of Goldman Sachs speaks exclusively to bloomberg. When we look back on negative rates, it is not going to look like a great experiment. Sebastian the current state of u. S. Monetary policy. I would say that policy is not that far off neutral. It is accommodative. We are slightly accommodative. I worry about the policy space we have. Sebastian that is all straight ahead on bloomberg best. Sebastian hello and welcome. This is bloomberg best, your weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. Lets start with a look at the top headlines. Sunday, saudi aramco announced plans for an initial public offering. On monday, there was speculation about the valuation of the
Protesters brought the citys financial district to a standstill. Teargas disrupting the commute for a second consecutive day. Executive carrie lam says she still hopes district elections will be held as scheduled. We still hope we can hold the elections and try our very best to do so because it is an important election to respect and safeguard, but theres the issue of safety in order, so we have to work hard to satisfy these two requirements. Alix 20 meet on the phone from hong kong is karen joining me on the phone from hong kong is karen leigh. What happens next . Karen carrie lam urging order, and at the same time, we had two days of really jarring images and clashes, especially here in the financial hub. These arent images weve seen before. This feels like a bit of an escalation. This is something that led police this afternoon to warn that the city was on the brink of total breakdown. Carrie lam talking about how she still hopes district elections will be held in a couple of weeks.