The backdrop continues to be the coronavirus. New york city finally gets a chance to reopen today. I am waiting to hear the construction outside of my apartment. It has been three months under that stayathome order in new york. A live shot of Herald Square and the area around the empire state building. Construction, add, manufacturing, wholesale trade, and Retail Stores can offer curbside or instore pickup. A former new york state Lieutenant Governor and current member of mayor bill de blasios Fair Recovery Task force. There is really no other person. E really want to talk to today this comes in contrast to the protests we saw. How did the protests affect phase one of reopening . Dick one cannot be certain. I think the Biggest Issue is the revenue loss that the city will suffer as a result of sales taxes and property taxes and income taxes. Its impossible to measure but it is way beyond the capacity fiscally of the city or state to make up for that lost revenue. A function ofs how many
Was very often a place where people met, there are their own activists, eh, i dont know, right . Papilushko, who was a chaplain of solidarity, whom the special services of the communist period of the polish peoples republic killed because he was a chaplain of the Solidarity Movement is one thing. Where is conservatism . Now i want to give you such a case, an example of how ukraine got dividends from polish conservatism already now, after the start of the great war, a fullscale invasion, see thanks to the fact that the current government of poland is in very such tense, lets call it cautiously relations, for example, with germany and more than once , there were conflicts with the european union, it does not have this deterrent effect. For example, if they dont like something , then we keep quiet, we wont say anything and let it be that way because brussels is always right, the case of the easel coalition. We will remember what were the appeals of ukraine, fullscale war. Tanks are needed
Monetary policy is not on a preset course. Were watching this closely and stand ready to adjust our policy if it appears that inflation undershoot will be resistant and President Trump arrives in france for a bastille day visit as controversy ramps up back home. Good morning we have another very busy show for you. Lets get straight to the ia report Oil Investors are going through a period of waning confidence according to the latest report the organization suggests that growing impatience over the rebalancing of the oil market is to blame for money manager slashing long positions in crude futures. And they said global gland growth rebound ed and want to wait longer if the rebalancing process has the gun. Neal, always a pleasure speaking with you about this report so when does the rebalancing finally happen well, its on the way as we say in the report, at the moment were slightly at the mercy of statistics. Waiting for the statistics to catch up with what we think is going on out there
You are welcome to bloomberg daybreak europe, our flagship morning show in london. If you are a business, have you been using Deutsche Post . The numbers are better. Net income 602 Million Euros a beat on estimates of 594 million. 4915, aboveshare, the estimate. They are confirming there for your guidance. Bloomberg intelligence ran the numbers, binder headwinds in this business, train waits might is essentiallyit looking at moving through from last year, a more normal year is what Deutsche Post promises, a tough day on its reporting schedule on the first quarter. Today it looks as if they are beating that momentum. They have a target operating profit of 8 and are sticking to fullyear guidance. We will have a conversation at 8 00 a. M. U. K. Time with the Deutsche Post ceo for our first interview of the day. Just exactly what lamented is there on the ecommerce side . Daye sent to you today is a of binary outcomes. Im talking about president zuma in south africa. It is the eighth time h
Surprises. Thats how we started with jpmorgan. Premarket, futures, where are we . Points. Res now up 99 the big story in the last 20 minutes, a bit from jpmorgan, and upside surprise. That upside surprises what takes is higher come up by 2. 73 in the premarket. Couple of fx to a pairs for you. Some dollar strengthened the g 10 today. 13 . At wti, the output freeze meeting in the rumor mill and the rumor mill is in full swing. Crime organized profiteers have raided the offices of the Panama Papers law firm. The rainfall is the leak of millions of documents on tax havens set up for wealthy international clients. The attorney general searched other subsidiaries of the firm in panama and the firm has denied any wrongdoing. Some 3500 candidates mine for he 250 parliamentary seats assad said he and his wife cast their votes in the Assad Library in damascus. Vice president is drawing up plans to form a Transitional Government in brazil as dilma allegationsrpens that he is the leader of a coup