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Im Francine Lacqua here in london. These are your markets. You see a little bit of a lift to the markets. 0. 2 . 600 gaining a little bit of optimism that the trade war between the u. S. And. China is not getting worse. There. Worse. Ing there is also a little bit of optimism after we spoke to the boston fed president , Eric Rosengren. Conte, thecting mr. Prime minister of italy, to address the senate later on. Coming up, our exclusive conversation with bostons fed president , Eric Rosengren. We will hear a lot more from him about the inverted yield curve. Lets get to the bloomberg first word news. Leader,kongs embattled carrie lam, is trying to end over two months of protests during new dialogue. The protest began over opposition to a controversial extradition legislation. They grew to a wider antigovernment movement. ....
Or is the rot here simply too deep . Its very depressing. Its very concerning. Our country is in a serious dark place. Stage 4 Load Shedding will continue to be implemented until further notice. It says that stage 6 will be implemented at 8pm tonight until 5am. How did it come to this . South africa, the continents great economic powerhouse, is in deep trouble. Long daily power cuts injohannesburg and across the country. Dawn, and the Traffic Lights are still not working. This is alexandra township, a poor neighbourhood on the edge ofjohannesburg. Every day here, the power goes out, sometimes for four hours, sometimes for eight or more. Officially, its called Load Shedding which sounds almost helpful, almost pleasant but the truth is that these power cuts are having a devastating impact in a country with a stagnant economy ....
a serious dark place. stage 4 load shedding will continue to be implemented until further notice. it says that stage 6 will be implemented at 8pm tonight until 5am. how did it come to this? south africa, the continent s great economic powerhouse, is in deep trouble. long daily power cuts injohannesburg and across the country. dawn, and the traffic lights are still not working. this is alexandra township, a poor neighbourhood on the edge ofjohannesburg. every day here, the power goes out, sometimes for four hours, sometimes for eight or more. officially, it s called load shedding which sounds almost helpful, almost pleasant but the truth is that these power cuts are having a devastating impact in a country with a stagnant economy and soaring unemployment. and it s particularly in poor neighbourhoods like this one that the effects are being felt the most. suzeke mousa has run this bar for 25 years. we don t have money because of the power, because of the electricity. ....
it s just a matter of how fast, did you really believe that? of course i believed it then. i think it s a fair assessment about where the anc find themselves in the last local government elections, in 2021, they, for the first time in post democratic south africa, lost their majority and fell below 50%. this obviously allied with the fact that our economy s not growing, we ve got 30 million people living in poverty, 12 million people unemployed, and loadshedding, rolling blackouts, which have reached into every home and switched off the lights, switched off our factories, and switched off our economy. south africans are realising that if they don t change the way they vote, south africa is going to end up in a very, very dark place, and it s going to be poverty and inequality deepening. well, in that bleak context that you ve just outlined, with the unemployment, what they call here loadshedding , the rolling power cuts, the massive economic problems, how is it that ....
of the guard coming in south africa, the anc s decline is terminal. it s just a matter of how fast, did you really believe that? of course i believed it then. i think it s a fair assessment about where the anc find themselves in the last local government elections, in 2021, they, for the first time in post democratic south africa, lost their majority and fell below 50%. this obviously allied with the fact that our economy s not growing, we ve got 30 million people living in poverty, 12 million people unemployed, and loadshedding, rolling blackouts, which have reached into every home and switched off the lights, switched off our factories, and switched off our economy. south africans are realising that if they don t change the way they vote, south africa is going to end up in a very, very dark place, and it s going to be poverty and inequality deepening. well, in that bleak context that you ve just outlined, with the unemployment, what they call here loadshedding , t ....