illegally annexed in 2014. similar to crimea, u.s. officials believe that russia will soon host bass sham referendum in kherson, which has been occupied since the early days of the war. to the bottom of your map. pressure continues attacks on nearby nikolai of, a key strategic city which has been under siege since the start of the war, yet remains under ukrainian control. a u.s. official sideways that russian continues to pose no threat of a man of salt on odessa, by either land or sea. intense artillery fighting continues in the donbas, notably near the towns of severodonetsk and is ian. yet despite him with a monthlong campaign, russia has advanced since previously held territory which continues to be extremely slow with little success, according to u.s. officials. all the while suffering, quote, significantly high level of troop and equipment losses. according to uk ministry. it has been said that russia has lost one third of the combat force in under 90 days. the uk defen
Warm welcome to bloomberg daybreak europe, our flagship morning show. Im anna edwards. Miller, here matt in brussels following the euro group and euro meetings. A lot to talk about today, anna, especially as it relates to trade and brexit. Anna absolutely. We will get to those in a moment. Lets talk about emerging markets. We saw during the Asian Session that this has been once again one of the big themes, msci up for its eighth straight day. This is the largest track of the index. If you zoom to the far side of the screen, that unassuming bar represent something quite significant, 225 million worth of inflow into this etf that tracks msci. That is the most since august. This is a little backward looking, at as we are hearing sayinge fed overnight, there is no need to rush on Interest Rates, it seems the market is assuming there is no rush and therefore you get involved in emerging market assets. E. M. Stocks extended their longest winning streak since august. Matt yeah. The Asian Sess
Takensee the fed having some very well communicated action concerning the tapering of the program. Those are good signs. In addition to which, we have seen the numbers and growth is picking up and unemployment is going down. All of that gives us a much stronger outlook for 2014 which brings us to raise our forecast. The imf seeing growth next year compared to this year and the u. S. Economy. A lot of green activity. Volumes up. You to see australia and malaysia. Company we mentioned in china mobile. Shares gaining. They signed a longawaited deal with apple to sell iphones. Stephen engle is with us from beijing. Walk us through the whole thing. It is been a protracted affair. Waiting. E been for those of the watching apple market said the client and china, they wanted to get it to china mobile but not to give up other concessions. China mobile demands that the falls work on their network of telephones work of their network. Fruitiont is coming to with a multiyear deal. No financial figu
We dont have trading in tokyo. It is the emperors birthday. John, good morning. Japan is closed or the emperors birthday today. China stocks are gaining. Apple as well and also foxconn part of that. Japan is closed. U. S. Gdp better than forecast. More details on what is happening as far as asiapacific stocks. Lets get back to our top stories. Apple finally signing a long awaited deal to get iphones sold through china mobile. Stephen engle is our china correspondent and he is in beijing. This is a long time coming. It is a pretty significant deal as well. X years six years worth of negotiation coming to fruition. Accessll give apple to access to customers on chinas biggest wireless at work. China telecom corp. The china apple have been offering since about 2009. Telecom has offered it since march of last year. The big stumbling block for apple and china mobile has been mobiles insistence to have apple make a handset that could be used on the Homegrown Technology that china mobile was f
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