A lot of the focus has been on what mr. Powell said yesterday and what we heard from the fed. We are seeing a bit of Movement Across the board. If you look at some of the european stocks, they are actually retreating after jay powell highlighted uncertainty about the economic rebound. We sought asian shares falling the most in a week. Treasury yields, that curve steepening slightly on wednesday after mr. Powell stopped short of offering specifics on the feds approach to the monthly bond purchases. Lets get straight to the bloomberg first word news. Here is leighann gerrans. Good morning. President donald trump is not happy with what he has heard about the terms of the oracletiktok deal, but says he briefed on the details on till this morning. Sources have told bloomberg that the Top White House officials have raised concerns about the proposal. They say it falls short of Satisfying National Security concerns. President donald trump says a Coronavirus Vaccine could be widely available a
Boris johnson concedes a veto to parliament over his plan to illegally override the brexit treaty. Slumped after accusations of fraud by a short seller. The selloff deepens even if the company rejects the report. Good morning. Welcome to the program. Lets get to breaking news across the bloomberg. Capex andto go to the eu car sales. European collar sales falling 17. 6 in august after a 3. 7 drop in july. This is the story that we are essentially tracking. Europes car sales setback stoke fears over annual drops. This headline was written by our colleagues at bloomberg news. 18 slump snapped a three month streak of improvement. The result may indicate that subsidies are shortlived. We have seen that improvement coming through. Whether that has been a shortlived experience rather than showing underlying resilience, we will have to see. These numbers are not so good. We will watch the automakers as a result of that. Acrosso to the picture European Equity markets. The futures picture. We ar
A bit party after all right dave, thanks love, lets get to our top story this friday morning. The u. S. Has seen a disturbing trend in new coronavirus infections. On thursday there were more than 37,000 new cases reported. And thats a new single day record. According to Johns Hopkins University Hospital there are currently over 9 million cases around the world and 489,000 deaths in the u. S. There are over 2 million cases and more than 124,000 people have died over 663,000 though have recovered from covid19 here in the u. S. There are at least 30 states reporting an increase in cases and new mexico, arizona and texas are pausing their reopening plans because of this increase. Here in the bay area there are over 21,000 cases and over 550 deaths and were seeing the most cases in Alameda County with over 5300 infections. The virus though has been much deadlier in santa clara county, which has 155 deaths weve broken down the cases by county and city online at kron 4 dot com. Well despite t
Internet in iran the authorities there impose one of the biggest blackouts anywhere and americans living under donald trump. Are yearning for the sound of silence war as the saying goes is politics waged by other means in israel war usually waged on gaza can be a means of distraction a political weapon and that context is often missing in the News Coverage last week Prime Minister Benjamin Netanyahu launched airstrikes on the gas a strip what his government called a targeted killing of an Islamic Jihad commander 8 members of one gas and family were among the scores of innocent palestinians killed however in political terms those missiles werent even aimed at Islamic Jihad the real target was Benny Gantz Netanyahu is political rival gantz has tried to piece together a Coalition Government to replace netanyahu is one that would have included the support of israeli arab parties netanyahu is fighting for more than his job hes just become the 1st sitting israeli Prime Minister charged with
A bowlers the smuggling to survive on how does iraq. Really airstrikes. Oh. Right right. Right. Hello im Richard Burton youre at the listening post here are some of the media stories were covering this week cause and effect there are high stakes electoral politics playing out in israel and palestinians are paying the price yet again do you to cling and powering the protests in algeria pulling the plug on the internet in iran the authorities there impose one of the biggest blackouts anywhere and americans living under donald trump. Are yearning for the sound of silence war as the saying goes is politics waged by other means in israel war usually waged on gaza can be a means of distraction a political weapon and that context is often missing in the News Coverage last week Prime Minister Benjamin Netanyahu launched airstrikes on the gas a strip what his government called a targeted killing of an Islamic Jihad commander 8 members of one gas and family were among the scores of innocent pale