World. India is expected to become the pandemics worst hit country in the coming weeks, surpassing the u. S. , where more than 7 million cases have been reported. A lack of social distancing and mask wearing is hampering containment efforts. According to a new book from a former staffer, President Trump considered naming his daughter ivanka as his 2016 running mate before nominating mike pence. Revelation comes from rick gates, who in the summer of 2016, was the Deputy Campaign chairman and later became a star witness in the collusion investigation. Global news 24 hours a day, onair, and on quicktake by bloomberg, 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 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories from around the world we are following. Stocks are higher around the world as we approach months and. After
Andrew ross sorkin with joe kernen becky is off again today a little in the red. The treasury yields and earnings that may have an impact on all of this. The 10year note, we are now below. 6 we are down to. 592 we can debate what that means for today. Discussing Market Recovery and earnings Kansas City Southern and United Airlines ceo and health and Human Services secretary you want to stay tuned to squauchl the nasdaq down pretty significantly. It was up two or three hundred. It was up and did you know and up and down. It was really crazy. You heard cramer talking about that it was truly crazy. Insanity. The didnt hold on to the big gains. I think it was down almost 300 when cooperating on that at the end of the day, well see. I heard it said, well, you gave him an out he could have been resting on his laurels by now saying i would at least nuance it so i could claim to have been right if we had extended here. Doesnt it feel extended here. If i were paulson. Fur trying to be right all
The option to use active duty forces in a law enforcecement re should only be last resort and only in the most urgent and dire of situations. We are not in one of those situations now. I do not support invoking the insurrection act. Esper m made the remark aftf trump said d he would use troop if needed to maintain security. 1,600 troops have been moved to the capital area and stand ready to be deployed. Protests continued across the United States for the ninth straight day since george floyd, an unarmed black man was killed in police custody. The Associated Press says at least nine people have died and 9,300 others have been arrested since the start of the demonstrations. The movement has spread to europe. Thousands of people joined protests in london and stockholm. But the now fired Police Officer who pressed his knee in floyds neck for over eight minutes was charged on wednesday with Second Degree murder. After repeated calls for the other three officers on the scene to face charges
Euro bailout investors price in the prospect of negative interest rat rates after opening the door to the policy of course we are keeping it to where the access would be a very warm welcome to street signs. Weve got some fresh data coming through. This is flash pmis as a whoeld. The flash manufacturing pmi for may has come in at 39. 5 up from 33. 4 in april in terms of the composite number for the eurozone, that has come in at 30. 5 up from 30. 6 in april the services pmi which has been the hardest hit sector as a result of the lockdowns. That has come in at 28. 7 up from 12 in april, we already had france and germany come through and we have the overall eurozone number. One other thing, one of the key kpoen nants here, the new business pmi has come in at 28. 4 in april an uptick there. Contraction did ease in may but still very sharp we have the euro trading slightly weaker versus the dollar this morning. Lets bring in our first guest Chris Williamson geoff and steve also with us chri
He was a big guy, definitely it gentle giant. Reporter Terry Blanchard was known for his big heart. His daughter said me tells me his love extended to the many at risk children he mentored, serving on the board of the east Oakland Youth Development center for 10 years. The last two, as president. He had an amazing sense of humor. He made everybody laugh. Reporter in early march blanchard and his wife deborah, both 56, contracted covid19. Possibly, their daughter says, friend falling on hard times and was staying with them. It was really hard on our family because we couldnt check on them. We can only call. Reporter sydney says her mother recovered, her father didnt have a fever at first, but eventually developed one, was hospitalized and placed on a ventilatorsunday. My dad wasnt supposed to die. He never expected to die. This is not anything we wouldve imagined. Reporter now family and friends are taking solace in remembering his impact on the east Oakland Youth Development center. Th