President trump slams beijing for coronavirus. Xi jinping hits back saying the pandemic should not be politicized, focusing instead on Carbon Neutral pledge. Do your part. Boris johnson calls on britons to obey the new virus rules, warning of many more deaths. Frankfurt. N good morning, one red line across the bloomberg terminal before we begin to the prevarication at the fed. Mersch is saying the Pandemic Program flexibility must not apply to qe. A couple of other lines. Lets begin to them. He says hes not aware of any push to extend. These are breaking lines. I know you are looking at these as well. What else have we got . Annmarie yes, he is a hawk, obviously, but he does not want the flexibility to apply to older asset purchasing programs. We are going to talk about the fed. An inflation debate taking place. Clearly, this is something we are seeing take place at the ecb also. Trillion in terms of emergency. What will happen next in terms of size and scope . Lets circle back. The ha
Innovations, but does promise a massmarket car by 2023. Welcome to bloomberg surveillance. I francine lacqua. A lot going on in terms of news flow. We have an etf show coming up but we have some breaking news in terms of pmi for the euro area. A bit of an indication of where we are headed in terms of economic prowess or not. September services pma coming in at 47. 6, below the estimate of 50. 6. Ityou get a figure above 50, means we are in expansion territory which we are not paid european stocks across the board are gaining. Partly, this has to do with some of the recent trends we have seen, certainly when it comes to Market Street the dollar also extending the rally and it does seem like the stocks are steady as equity markets try to build some up one upward momentum after we had a pretty big selloff that cut valuations in early september. Coming up later today, the fed has shelled out 8. 4 billion dollars buying fixed income etfs, so how do jay powell do and of the investors that tr
Yourself out of it all and im so proud. Of surrounding themselves with people who are serious who know what theyre doing who are representative of all people not just some people and us being able to dig ourselves out of this hole a mass protest has been taking place in the colombian capital bogota against the social and economic policies of the president even duke a few of the protests are part of a broader National Strike being led by Union Members students teachers and a large contingent of colombias Indigenous Community theyre demanding a meeting with president to kate to discuss the recent deaths of indigenous activists about 10000 people from the Indigenous Community of arrived in the capital. A volunteer taken part in trials of a Coronavirus Vaccine has died in brazil but offer to say testing will continue its the 1st death reported in the various trials taking place worldwide report said the person was given a placebo and not the test vaccine is being developed by Astra Zeneca
Quote the United States and the world will remain vulnerable to the next pandemic or largescale outbreak of contagiousd disease. That could lead to a massive disability. Th and severely affects the worlds economy a. Strain international resources, and weak call in the United States support. We must ask ourselves, what are the warnings that are going unheeded . What can we do right now to protect the American People from other threats . Before the unthinkable happens in the future, how can we exercise strategic and persuasive foresight to the best of our ability today to ensure we are a nation prepared for tomorrow . That same worldwide threat assessment against Cyber Attacks with china, russia, iran, north korea, raging a silent work capable of shutting down such Information Systems and jeopardizing critical sectors in america. The report states, and i quote , our adversaries and strategic competitors increasingly use the cyber capabilities, including Cyber Espionage, to attack and see
Hope you can join us for that. Less than an hour away. You might have heard there were a couple of Crucial Supreme Court decisions today and they did affect the mood at corner of wall and broad. When we to the news that the supremes are you know what, mr. President . , you will have to hand over your financial records to a group sympathetic with a grand jury looking into the president s business dealings for years. Now they also balanced that out by saying so far you dont have to hand them over to congress. But you know how this goes. The fears this gets out to hurt the president. Politically doesnt matter where you come from as much as money they were making on the president and whether those days could be numbered. They are weighing down on stocks. They are down 400 points. The losses picked up measureably on news this decision. Edward lawrence own why that might be and what this decision, these decisions i should say could mean Going Forward. Edward . Reporter a win and a loss as yo