Anything in protectionism. Mark this is bloomberg surveillance. By mark barton in london. Seven days of gains, that was the run through yesterday for the stoxx 600. Best run since july 2015. Temporarily, maybe. The dollar down against the yen day, roughly 0. 4 lower. Traders seeking more clues for three rate increases by the fed before attempting to break past that 113 level. The u. S. 10year yield is down by a basis point today. That is an interesting level. Data today includes housing and initial jobless claims. Oil, upg off with crude about 0. 1 , hovering around 53 a barrel. U. S. Stockpiles yesterday rising for a sixth week. Adding to this global glut. Lets get the bloomberg first word news. Heres Sebastian Salek. Sebastian u. S. Intelligence agencies and the fbi are conducting investigations over Donald Trumps advisors and russia. That is according to four National Security officials. Several agencies are conducting inquiries over russias efforts to metal in the election. Trumps
A going to judge to explain see what we mean by that. We believe that intelligence fiscal policy kahlo calibrated double welldesigned can actually help boost growth and jobs. But to mean by that . I am not suggesting a new stimulus package because that is not the answer. But what i am suggesting is that because so much has already been done in terms of fiscal consolidation, countries that still need to put their finances in order have to do so at the right place, not too fast, not too brutally, and they have to adjust his circumstances and taken into account. And this is clearly what we do in the programs that we designed. We dont push countries into dasheen brutally. The pace is important, a sense of pace. Second, they have to be well targeted because if so they can contribute as well to boosting growth. For a sense, fighting to oxidation. Support more efficient public spending, reduce the burden of taxation and charges of labor cost, parole taxes, for instance, are clever fiscal meas
From a done deal to dead. Comcast is planning to walk away from the proposed 45 billion dollars merger with Time Warner Cable as soon as today. The deal was announced 14 months ago, opposition took shape and that left consecutives executive to conclude the merger would not fly. A former fcc commissioner praised the move. Comcast is making a smart decision. It benefits consumers. Olivia on wednesday fcc officials told both companies they were opposed. Saying the deal did not help consumers. They planned to call a hearing which would drag out the classes the process. Reviewing the drone strike in pakistan that killed two hostages. President obama issued a rare public policy. The president calls for drone strikes to be authorized only when it can be concluded to near certainty that there will not be civilian casualties. Brendan the nasdaq picking up where it left off. Technology stocks brought the nasdaq to a record high yesterday, beating the mark set in march 2000 before the bust. Amazo
For today and cspan 2 booktv so make it all proud just to give a brief sense of how we do things in the next 15 minutes. Im going to introduce just an art. Make sure thereve book will have a discussion. I think the title of this panel is rebuilding or evolution informally in my mind. It is detroit and austin that the beginning and end of all things. That appeals more to my grammatic sense. So jeff kerr is the author of austin texas history. The first was austin, texas then and now. The next was republic of austin. On the most recent one of the reason we are here this morning is seat of empire the embattled birth of austin, texas, which is a history of the founding of boston and the battle in the republic of texas over by this capital would need. Jeff also raised a regular history and he is practicing pediatric urologist at the same time. If we have and the emergence sees. The author will take care of them. Mark binelli is the author of vincennes msi, contributing editor to relate to an
Ground . Ill talk to experts on both sides of the english channel. Finally the great chef and humanitarian jose andres. Hes provided more than 30 million meals to the hungry during the pandemic. I will ask him why he says America Needs a new cabinet position, a secretary of food. First, heres my take. The world is turning its back on globalization, free trade and multilateral substitutioinstitu. Spurred on by the covid19 pandemic, politicians and commentators talk about bringing home supply chains and bolstering domestic production. This shift is likely to endure. How should we make sense of a seismic event that took place a few weeks ago, with almost no discussion in the United States. In a virtual ceremony on november 15th, 15 asiapacific countries signed the Worlds Largest free trade pact, the regional comprehensive economic partnership. The states account for 30 of global gdp, thats larger than nafta or the European Union. Many of the same nations signed two years early another fre