The British Government told businesses today to be ready for big changes when the u. K. Makes its final break from the eu in one month. Opec and its allies need more time to reach a deal on Oil Production policy. A meeting today broke down today without any agreement. Again ministers will try thursday to allow more time to figure out whether to delay a planned increase in output starting in january. Supporters say the market is too fragile to absorb more oil. Global news 24 hours a day, onair, and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. Im mark crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. Treasury secretary Steve Mnuchin and jay powell testifying earlier before congress on the cares act. Itsla says the fed will use tools until
That would be a game changer. Bitcoins market cap is currently only 3. 1 the size of gold. As bitcoin and gold struggle between the risk off, is gone, copper is not hitting a sevenyear high. It looks a lot like that spike we see in early 2000 at the beginning of that chart, that is when china started commodities super cycles. Maybe there is some more longterm fundamental support from china. Lets get into the ring with todays top story. Opecplus agreeing to increase output starting in january, with monthly reviews to cf if more oil should be added. Alex longley joins us from london. What are the rules for the subsequent production hike . Alex there has been a fraud week of debate within opec. We have had the opecplus meeting. What we are hearing as they have agreed to hike production by 500,000 barrels a day in january, and will then have monthly reviews what they were at another 500 barrels a day to the market. That is doing the same, weve got a Strong Oil Market at the moment. But the
Another wave of covert 19 cases. Nigerias president sent out a warning to protesters after another night of widespread unrest and violence during the push for his resignation. So that in just an hours time u. S. President donald trump will meet democratic nominee joe biden for the final debate ahead of the elections on november the 3rd organizers in nashville in tennessee have made changes to the format same did avoiding a repeat of trumps interruptions during the 1st debate lets cross to our White House Correspondent can we how can his outside weather debate will be taking place in nashville in tennessee and say kimberly there will be an audience of tens of millions it promises to be quite a show so we have trouble maybe a breakthrough and biden i guess just needs to keep it steady. Yeah thats exactly it trying to avoid any major mistakes is really the goal for joe biden in all of this and for Donald Trumps part what hes trying to do is provoke that so what we expect throughout the 90
The strand is the sole survivor now run by a thirdgeneration owner and we want to thank you for your support. We are so appreciative. Tonight we are beyond excited to have with us journalist and historian Richard Kreitner to launch his new book break it up. Richard grew up in new jersey and studied philosophy in montreal. Since 2012 hes been affiliated with the nation as a intern editor and writer and also published essays, reviews and articles. The new york review of books in the New York Times. His books are break it up and the secret history of america the Perfect Union and a travelers guide to literary locations around the world and also writes only united name and occasional newsletter on politics and history. Joining richard in conversation is rick perlstein, author of reaganland. Before that he published the invisible bridge, the fall of nixon and the rise of reagan. New york times bestseller, one of the best nonfiction books of the year by over a dozen locations. Winner of the
To have the opportunity and the skills to become engaged citizens. From inequity to legal documents children who were born here. This year we award 100,000 in prizes including a grand prize of 25000 the deadline for 2021 for more information go to our website student cam. Org. Right now there has been a transformation of the role of women in america. Here is a man born 1940 who repeatedly in the american sout south, 50 and 60 years ago acted in the tradition of an early Christian Saint write about different worlds savagely. Our Speaker Pelosi hosted a Virtual Meeting on Climate Change with her legislative counterparts from the g7 nation will also hear from the dalai lama and environmental activist jane goodall and former energy secretary. Speaker the United States congress it is my honor to welcome this distinguished group to the 19th annual speakers meeting. Was addressing the Climate Crisis Environmental Justice for all. It is a privilege to once again to have that existential threat