Imf, and underlying all of this is what we are seeing in the markets. Tom the markets repricing with a handle on sterling and stephen king will join us here in a bit. But i agree, the topics in the hallways will shift. Taylor lets go to the bloomberg first word news. It was the Vice President ial candidates turn in the spotlight. Tim kaine fended off last night. At one point, the two sparred over reports that trump may have not pay federal taxes. When Hillary Clinton said he hasnt been paying taxes, he said was smart. So it is smart not to pay for veterans, the military and teachers . And those of us who do pay, i guess we are stupid . He faced tough times 20 years ago. His tact time showed that he went through a difficult time but he used the tax code the way it was supposed to be used and he did it really only. 48 say mike pence won the debate. 42 say tim kaine won. Hurricane matthew may threaten the coast of florida. At least 11 people have been killed and countless homes have been
Were worrying about commodities. They both disappointed with huge losses. Tom correlated fragilitys across all markets. Nothing dramatic other than the china news. You follow on 48 hours or so. It is heads up. We have a great set of guests to drive the market discussion. Francine you are right. Lets get bloombergs first word news with caroline hyde. Caroline austria is not waiting for the European Union to come up with a response to the refugee crisis. Wayshave agreed on several to cut off the flow of refugees. Y would essentially limit bar people from countries economist are warning the u. K. Should not need the European Union. Those responding to a bluebook survey says leaving the eu would triple the chance of the u. K. Falling into recession. Those campaigning for britain to stay said it would jeopardize investment, jobs and growth. The u. S. And china has agreed on new human sections to punish north korea for that recent rocket launch. Secretary of state john kerry and his chinese
The diplomatic spat between saudi arabia and iran, and the fact that they did not find an agreement. Pullback, widely expected. But you really wonder where they go from here. I do not have a handle on what the next next is for opec. Tom we know who is in charge now certainly when it comes to oil policy, the prince of saudi arabia, and we know that opec a second. Nice bow tie. Francine i wore it tom i wore it for the queen. Francine lets go to the bloomberg first word news. Voted in the congress favor of impeaching recess. Now it is up to the brazilian senate. They say it will be difficult eff to win to rous the vote. The death toll is rising due to the earthquake in ecuador. At least 272 people were killed and at least 500 were injured. Some coastal towns were devastated and many people were trapped in collapsed buildings. In japan, the series of earthquakes that has struck the island since thursday are the nations worst in five years. More than 110,000 have lost their homes. Beth kore
Succeeded in capitalizing on obamas oh ratings. We think this will send a clearcut message that the republican way is the way we will create jobs in this country. Shameless plug, watch Bloomberg Television tonights coverage. Starting at 5 00 p. M. Eastern. They may go all night long. At jpmorgan to the list of banks in a criminal investigations. They say theyre cooperating with the Justice Departments criminal investigation. Plus, the bank faces inquiries from regulators and the u. K. And elsewhere. Jpmorgan will set aside another 1. 3 billion dollars to handle possible losses in this investigation. Similar probes. Saudi arabia has rattled the oil market. West texas intermediate fell to its lowest in three years from now trading for less than 76 a barrel. That comes after the saudis cap prices for oil exports to u. S. Customers. Analysts believe oil stocks have increased. Last month oil fell by the most in 2. 5 years. May be the declining oil globaltells you that the economy is still r
Nugget that we need to make a full picture of what is going on. Your students deal with Public Domain issues should you be doing more in the Public Domain . There has been a movement over the years to try to doheade g20. Its a good to have a list of u. S. And foreign officials in the sequence kicked off with governor cook. We have a little bit of pride today that we are, for the First Time Since covid, having a meeting with a lunch and people present in this puts an extra spring in their step. We look forward to continuing to have these hybrid events first and foremost, our global audience with streaming videos but also our friends and neighbors in person who were able to join us on these occasions. In addition to lisa, governor cook, over the next week we can have, we look forward to this afternoon with the presentation of the semi annual Global Economic prospects by karen diamond and accompanied in speaking by olivier blanche art and that will take up some of the same themes from a d