union members voted to work only remotely. that will be pushing reopening schools until at least wednesday. officials are grappling with how to bring students back safely. randy one garden is r andi weingarten randi weingarten is joining us. does the union stand 100 percent behind the chicago union? of course. the issue is just like we said last summer that we would support safety strikes, the issue is we know in school education is important and vital for children and so we need to take steps in different places to make that happen. it has to happen safely. there is actually real science we have to follow and the issue right now is can we get the chicago public school system to do that? we know that this is hard. we know it s unprecedented. if new york city can do that, if boston can do that, what we are trying to do is get these major school systems to understand that safety, you have to do logistics with safety being paramount, rather than what normally happens with s
codependency. you don t want to compete with someone who has an unlimited printing press. a tough situation or investors. there is a huge amount of uncertainty. joining us now is srikanth sankaran. fantastic to get you back on the show. we came into 2021, and many people were looking for that synchronized global growth story. you are you seeing a challenge to that? srikanth: near term there is increased focus on the trajectory of the virus. at the end of the day short answer would be no. we should see synchronized global recovery and policy stimulus, at the same time the reflation theme is the one that makes sense for 2021. jonathan: why do you think that is possible if we are not seeing a synchronized vaccination effort? if we are seeing it broken down in places across europe? srikanth: at the end of the day this is an unprecedented scale and compressed timeline in which something of this magnitude has to be rolled out. the broader theme is still that there is signif
they say any unnecessary journeys should be avoided until further notice. the british government is trying to reopen trade routes to france after a day of cross channel political bartering failed to end the chaos at the u.k. s busiest ports. the official cost of the postponed tokyo olympics has increased by 22%. games willsaid the cost $15.4 billion, up 2% from last year s projections. audits show that the costs are even higher, at least $25 billion. expenses come from renegotiating contracts and measures to combat the pandemic. the olympics are set to open in july. global news 24 hours a day, on-air, and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. i m 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. i m vonnie quinn. welcome to bloomberg markets. here are the top stories we are following on the bloomberg and from around the world. congress passes a spe
reach an agreement before the end of december, when the brexit transition period expires. michigan lawmakers are laying out plans to borrow six hundred million dollars to fund the state s proposed settlement for the residents of flint, who sued after their municipal water supply was contaminated with elevated levels of lead. flint switched its drinking water source in 2014, but 12 people died in a legionnaires disease outbreak that experts suspect was linked to the improperly treated water. global news 24 hours a day on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. i am mark crumpton. this is bloomberg. vonnie: 1:00 in new york, 6:00 london, 2:00 a.m. in hong kong, i am vonnie quinn. welcome to bloomberg markets. here are the stories we re following. canada has given the green light theye pfizer vaccine after finished a two review of the clinical trial data. we will discuss the head of biontech industry research at
with jeff curry for his take. if you overlay a chart of bitcoin on the price chart for copper, they look similar. what are they have in common? they are growth properties and i would argue that bitcoin is the retail inflation hedge. alix: now let s get into the ring. exxon finally unveils a mission target. by 2025, the company wants to cut the intensity of its emissions by 15-20%. liam dennings joins us now so what to the market pick about it? people in general are pretty underwhelmed for a couple of reasons. targets, youxon have to read the fine print on what you are getting. exxon set new targets for emissions and 2025. they will start reporting there emissions from actual use of oil and gas from next year. feelsoblem is that it all a little too late. of grudgingly given. other companies have moved much more quickly on this, even chevron which is by no means pivoting into energy transition emissionsy reported and exxon said it will do it but they couldn t resist the opp