The measure of the ecb were the good one now it is up to the industry to be occur ageous. French finances a massive plan to support the economy amid a resurgence among virus cases siemens at the bottom after unveiling an increase to help fund its deal. A warm welcome to street signs. Lets kick off the show with fresh data just off the wires here the composite Pmis Services have come in at 51. 5. The august composite has come in at 51 dat 9. Almost slightly better than the flash number of 51 dat 6 new business, that has come in at 49. 8. Bang in line with flash estimates weaker than july new business, a little weaker. Overall, we are looking at growth territory for the composite as well as Services Sector within the eurozone mixed picture when you look at the country break down germany stands out as a bright point this morning italy and spain in contraction for the Services Sector. France remaining above the 50 mark for the month of august overall, the economy is slowing a little bit we
Good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. The market is taking in a few things, european stocks dropping due to these new travel roles. Now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. Israel and the united arab startes have decided to talks. The two sides will hold a range of talks in the coming weeks. In the meantime, israel has agreed to suspend its efforts to annex part of the west bank. Palestinian officials quickly criticize the move, calling it a betrayal. The u. S. Is adding france and netherlands and malta to its quarantined list. People now have to isolate for 14 days. It comes as the u. K. Has even more lockdown measures and even tougher penalties for ignoring social distancing rules. Fines for not wearing a mask will double to a maximum 3200 pounds. Lai kong media tycoon jimmy accusing china of arresting him on trumped up charges. Lai pushed back a
Culture. You are not a villager. You want to become sitting. In for migrants your platform for reliable information. Argentina says it finally has a deal with its jilted creditors could an agreement help pull the country out of a crippling 2 year recession. Also on the show child labor has risen among Cocoa Farmers in west africa in recent years can chocolate producers do more to stop the practice. And into offices a spooky sign of the pandemic could become the norm and what would that mean for the real estate industry. Will welcome Stephen Beardsley in berlin its good have you with us its been a difficult 2 years for argentina which has endured a crippling recession worse than through the ongoing pandemic in may the government was unable to make a loan payment putting it in default for the 9th time in its history now says it has reached an agreement with those creditors which could help avert could help avert rather an even worse crisis in the months ahead. The coronavirus pandemic ha
Disposable Smart New Solutions oberstein said you know weve heard those truly in need and we know that their uniqueness is 10 wows us to live and survive good why do you assume the environmental soon to global 3000 on g. W. And oman. Argentina says it finally has a deal with its jilted creditors could an agreement help pull the country out of a crippling 2 year recession. Also on the show child labor has risen among Cocoa Farmers in west africa in recent years can chocolate producers do more to stop the practice. And empty offices of the pandemic but could become the norm and what would that mean for the real state of the street. Welcome im sitting here the in berlin its good have you with us its. Its been a difficult 2 years for argentina which has endured a crippling recession worse than through the ongoing pandemic in may the government was unable to make a loan payment putting it in default for the 9th time in its history now when it says it has reached an agreement with those cred
Also on the show child labor has risen among Cocoa Farmers in west africa in recent years can chocolate producers do more to stop the practice. Flow and welcome im seeing beers in berlin its good to have you with us its been a difficult 2 years for argentina which has endured a crippling recession worsened through the ongoing pandemic in may the government was unable to make a loan payment putting it in default for the 9th time in its history now when its out and says it has reached an agreement with creditors which could help avert a more serious crisis in the months ahead. The coronavirus pandemic has pushed on containers already struggling economy to the brink the country is in recession over a 3rd of the population lives in poverty since the outbreak the queues outside soup kitchens have become long. We were using what little we had to buy food sometimes my son who worked as a painter brought us some money but now he doesnt have a job either. We have no income so we are using his a