No deal unless eq has a fundamental change in position. A court in berlin Germanys Health minister describes the decision is regrettable. The World Health Organization cast doubt on the effectiveness of a covid19 drug. Patients in hungary received remdesivir for the first time. The who says it does not increase survival rates. Im phil gayle. Welcome to the program. Prosecutors in france are treating the fatal stabbing of a man near paris as a terror attack. Police were called to one of the french capitals western suburbs after responding to reports about suspicious activity near a school. The attacker was heard shouting and arabic phrase meaning god is great which is often heard during terror attacks. The french president has traveled to the scene. Our r parents cororrespondentntd us more about the menen who had been attacked. The victim was a history teacher who showed three mohammed cartoonss pubublished recently in class. It is likely this incensed some of the people. We do not know
The hong kong drama turns the page as u. S. Lawmakers vote to support the protesters and review the citys relation with china. Shery lets get you started with a quick check of the markets. We are seeing u. S. Futures under a little bit of pressure after we saw u. S. Stocks really rally throughout the session and major indices gaining about 1 . The s p 500 at one point topping 3000. Health care in financial stocks leading the gains. Johnson johnson, unitedhealth and jp morgan reporting solid results. We also have the nasdaq closed 1. 25 higher. All of this as 10 year yields gaining for the fifth consecutive session despite the fact the imf came out and cut the Global Growth forecast for this year for a fifth time. Let see how things are shaping up in asia. Sophie it is the bank of koreas turn in the hot seat today with a 25 basis point cut expected and the politically key jobless rate due as moon jaein attempts to create employment. Futures adding about 6 10 of a percent. Cindy futures
The phillips card phillips curve tradeoff does not exist anymore. That is news breaking. She got it right. He confirmed the phillips curve is dead. The fed is going to lower Interest Rates because we are growing rapidly without any inflation. I look forward to supplyside discussions. Larry kudlow also tried to diffuse work tried to diffuse rumors the president wants to replace fed chair Jerome Powell. Unemployment ratings have fallen to a new low. An employment rate among people eligible for benefits held at 1. 2 . Global news, 24 hours a day, on air and on tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. Im Mark Crumpton. This is bloomberg. Life from bloomberg World Headquarters in new york, im shery ahn. Alix live in toronto, i am amber. But them to bloomberg markets. We are joined by our bloomberg and vmm and bloomberg audiences. Hear the stories we are following from around the world. Is wrappingy powell up a second day of testimony
Speaking about the conflict in ukraine, it is often said that capitulation, a white flag of capitulation will be needed, but for some it would mean the legitimization of the law of the strongest, is it right or not to think like that . There is such an interpretation, it is true, but i believe that the strongest person is the one who looks at the situation that has developed, thinks about people and has a husband. And today it is possible to conduct negotiations with the help of world powers, such is. The words to negotiate are bold words. When you see that you are losing, that things are not going well, you must have the courage to negotiate. You are ashamed, but if. You continue on the current course , how many more deaths will there be, and then it will end even worse, you need to negotiate in time, look for some mediator country, today, for example, in the war in ukraine, many people want to be a mediator, turkey offers itself for this, and others, do not hesitate to negotiate unti
Story reveals is that we are clouded in distraction from the long term solution. Rwanda speaking of the home office, new figures have shown that almost half of all crimes solved by the police do not result in charges. The question of law and order repeatedly crops up in the news. But who better to have with me live in my house than the avon and Somerset Police and crime commissioner shelford. 7 the commissioner mark shelford. 7 the ever looming threat of china and its brutal communist regime remains at the forefront of the uks security concerns as it emerged over the weekend. Ministers have warned that the ccp could use chinese electric cars to spy on you on british citizens. Plus are we headed towards a Cashless Society . Well, just when you thought natwest couldnt have emerged damaged its reputation anymore, it has decided to introduce new limitations on cash withdrawals. Could it be time natwest hired a new Public Relations department to and stay tuned for tomorrow because ill be ta