Good morning on bloomberg radio. Good morning on bloomberg television. It is extraordinary to be the beginning on global wall street of the holiday season, and i can never i can never think, even the tragedy of 9 11, i cant imagine how much of a tragedy this holiday will be with the pandemic. Jonathan the numbers are terrible. We talked about it an hour ago. We started this month with daily infections in and around 80,000. That has doubled in 11 days. If Health Care Capacity gets tested, they will start to introduce more restrictions. Heres the critical issue. Who is going to step in . Where the fiscal policy maker . Bridgewaterf says we have a mismatch between the length of the pandemic and the willingness of fiscal policy makers to do something in equal length. Tom it has widened out, without question. What is so important here is to gauge the pandemic, and we are all doing that on a local basis. You and i, we hear more sirenss again in new york city, and we are all dealing with the
July. It is the last week in july and we are running out of Unemployment Benefits and the rent is due august 1. There is a lot going on. Francine we will spend a lot of time on that. Lets get to first word news gupta. Itika group unveileditch mcconnell the new relief package, listing unemployment to 70 of prepandemic wages. Makes to pelosi panned that proposal. Health officials around the world are getting a reminder of how tough it is to permanently stamp out coronavirus. They are grappling with second waves of the pandemic. China reported the most cases since midmarch, and spain is scrambling to stay ahead of new outbreaks. Posed a new imposing new quarantine on travelers from there. Will stay near zero for a longer while. Policymakers open the twoday meeting tomorrow. The last day they met was in early june. Florida and california have yet to see the surges have that if that that have afflicted them since then. China eagle authorities following the closure, the latest development in
Over the weekend. We are inching closer to that alltime high when it comes to laterchina that was set september. Of focus. Was one those are the biggest movers here today and in particular, they may be looking at that emergency in tokyo and some of the surrounding areas as well as hokkaido. Those are holding amid some of and we are tensions watching currencies as well. We are obviously watching dollar china and dollaryen. You are seeing some of these china proxies following the ram be lower. Forward markete with plenty of action. Citigroup saying we are not bullish. Someg that there should be caution on these simmering tensions. Ringgit inthe particular are ones we should be focusing on. Be closed later on. End ofsed as we mark the the ramadan festival. Asiahief north correspondent is watching development for us. Where does hong kong stand . Questionsa lot more to the power play by beijing invoke its own security laws, basically being rubberstamped, to impose that on hong kong, bypassi
Sir. Law and order. Thats a tv show. Digreat. I made a lot of money. You dont have to speak, sir. You might want to refer this to your personal lawyer. He went to jail for, you know, for no no reason. Okay, quick vote, should we let him speak. Yea, yea, yea, yea. No. Another 54 victory for trump. Dad, who are you talking to . Eric, get off the phone go ahead with your argument, sir. Total exoneration, complete vindication golf vacation. Are you making an argument or rhyming. My inauguration, reducing taxation and unwanted penetration. Look at the authorization. Order, order lets take a 20minute recess. Still like beer. Its a late show with Stephen Colbert. Tonight summer brake. And steve takes questions from kids. Plus, stephen welcomes hugh laurie and musical guest Benjamin Gibbard featuring jon batiste and stay homin. And now, live on tape from a safe distance, its Stephen Colbert stephen where did you get this . Its fantastic you just give them any words you want and they send it to
at the post office after the chairman of the organisation stood down yesterday. henry staunton left the role following the fall out from the horizon it scandal. but there s confusion over whether it was by mutual consent as reported by the government, or whether he was asked to leave, as the post office says. our political correspondent iain watson has the latest. it has been thrown out enough, that is it, i am free. it has been thrown out enough, that is it. i am free- is it, i am free. dismantled resisted is it, i am free. dismantled resisted his is it, i am free. dismantled resisted his 2006 - is it, i am free. dismantled| resisted his 2006 conviction is it, i am free. dismantled - resisted his 2006 conviction for embezzlement had been overturned, but many more former sub postmasters are waiting for their names to be cleared. the government is rushing registration through parliament to do so and now changing some of those at the top of the organisation. this weekend