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Transcripts For BLOOMBERG Bloomberg Surveillance 20240711

Did i do that ok . Francine a minus for that. It is about fisheries, but it is also about brussels. There is one train. There is one train a day that departs london to go to brussels. Looking at the train timetable. He has missed this train. What does that mean . We are really uncertain. People say we could get a deal by sunday. Watch and see. Tom the train to brussels is called maria tadeo on the oriental express. Lets get to dr. Roubini. Here is ritika gupta. Ritika joe biden says he will ask all americans to wear a mask the first 100 days of his administration. Cnn hesidentelect told will issue a Standing Order requiring face coverings in federal buildings and interstate transportation. He says that will leave to a significant drop in coronavirus cases. On capitol hill, the chances are on a stimuluseal package by year end. The basis of negotiation is getting more interest from the republicans. Is spending 908 billion, less than what democrats are calling for, but they say it is a st

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240711

Isolating after coming into contact with lawmakers are tested positive for coronavirus. Good morning and welcome to bloomberg surveillance. This is a picture of the markets. A lot of the focus is on a number of infected. A lot of the focus is on the policymakers can do Going Forward. Onot of the focus will be some of the things we saw for example following asian shares. Buoyed by positive sentiment on trade. In thanar is falling the other thing im looking at is oil pushing higher. Treasuries edging up. The focus is on the sustainability of the economic recovery. Hoping for are also news on more vaccines coming up that could be positive after what we heard from pfizer. Now lets get straight to bloomberg first word news in london. Trump is still refusing to concede the election. The president tweeted the joe biden one because the election was rigged to. A claim flagged by twitter. Commentswalked back to saying i can see nothing. We have a long way to go. The u. K. Prime minister Boris Jo

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240711

Francine, went up 15 . That was the kind of move we saw. Last night, and a lot of people missed this in america, exhausted from the election, we nestor8 00 or 9 00 p. M. , barr making these statements. I would suggest this mr. Barr mr. Barr making these statements. He was extremely careful. Every word was chiseled out. For me the headline is the 20year veteran of this under election crimes, mr. Pilger, a herk to james moody, resigned. To me that is the real headline. Francine it is a huge deal and we are trying to figure out what this means for the Republican Party and the strategy possible there. Stephanie baker says it could have something to do with the Senate Election in georgia. We will have plenty more on that. Lets get to first word news with ritika gupta. Ritika President Trumps attorney general, william barr, will let the Justice Department investigate potential voting irregularities in the president ial election. But barr has acknowledged there is no conclusive evidence and w

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Tom yesterday was extraordinary. We are still regrouping in new york from the news flow yesterday of transactions and of course of the president of the United States. The number one breaking story here in the zeitgeist of the east coast is that the president appears to be healthy, and the real decision for him today is, does he do a rally tomorrow in one of these key battleground states . That seems to be the topic is topiceck the topic the du jour. Francine lets get to first word news in new york city with ritika gupta. Ritika the white house is once again shifting its position on a stimulus package. Treasury secretary Steven Mnuchin told House Speaker nancy pelosi the administration now once an agreement on a largescale relief bill. Earlier this week, they president pulled negotiators from talks on comprehensive legislation. Officials are keeping up the pressure on washington to renew fiscal support for the economy. Dallas fed president Robert Kaplan sees a Slower Economy without mor

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Comparison to the United States. I think comparisons across europe may be a little more challenging to make and put in a positive light. That has certainly been the focus and the delay to locking down the country certainly was an area of real criticism for the government. I suppose this morning, we are also focused on what is going on near to you in terms of hurricane laura building across the atlantic and a ready to make landfall. We are watching louisiana, watching texas. We get this red headline across the bloomberg from the Hurricane Center saying laura is seen rapidly strengthening to category four hurricane. This is new information this morning. That is a big number. Hurricane 4 is much bigger than a hurricane 2. 4 is getting very, very serious. This is the acceleration north , west the gulf of mexico of new orleans as well. In new york city, always quite good with our first word news. On the second night of the Republican National convention, speakers tried to humanize President

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