Inequalities and injustice but guess what her time in office was overshadowed by brecks that many people believe Boris Johnsons will as well not least because thats what hes been prioritizing he has again said that he will deliver brets it by the 31st of october of course he said that do or die hell do it so that might mean leaving without a deal which worries some people in the Business Community notably here hes saying hes been talking about people having confidence to get ready for a no deal breaker but he also has also mentioned things like putting 20000 more Police Officers on the streets boosting funding for education improving social care all sectors which have been cut by the austerity measures of previous years and many people are asking themselves firstly where the money will come from and secondly whether that will be even harder if britain does leave the european union. Thank you very much with the latest downing street and bob backlund joining me now is a sad. In it the te
Personality has brought him here and now the weight of serious responsibility dorms leave barca aljazeera westminster well as promising barber is here now from outside the Prime Ministers residence in downing street and he is obviously keen to show he is not a non of half measures how bold and risky is Boris Johnsons Cabinet Reshuffle tonight. Its very bold and i think its fairly risky as well what it certainly is is clear in its message and people who back jeremy hunt his rival in that leadership challenge are largely out including penny mordant the previous defense secretary jeremy hunt actually was offered another role he declined so hes gone the. The new foreign secretary is now dominic robb the previous brecks secretary who resigned over that Withdrawal Agreement lots of the people who campaign for vote leave have been rewarded with top jobs and we got pretty patel as the new home secretary sajida job now as chancellor his role is going to be crucial in delivering some of the prom
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Francine good morning, everyone. Welcome to bloomberg surveillance. Good morning if you are watching from europe and the u. S. , good afternoon if you are watching from asia. Francine lacqua here from westminster, what a day this is the day Boris Johnson becomes Prime Minister. There is a lot of pageantry today. Has her last Prime Minister questions our in parliament and that she goes to see the queen. She comes back, and then it is Boris Johnson started to see the queen. In the meantime, we have market movement. Euro area july manufacturing pmi is below forecasts at 46. 4. Services pmi is pretty much in line with expectations that it is a fall from the month before. We also had ugly german data which will impact eurodollar. This is what is coming up on bloomberg surveillance. , forve plenty of guests example, the ac malan chairman and deputy chairman at rothschild. He will be with us to talk the latest on oil. We also have robin from Chatham House. Lets get straight to bloomberg first
Ira what is going on internationally and what is going on with currencies tends not to have as big of an impact on the u. S. Economy than it does on a lot of others, primarily because most of our economy is not exportbased or import raised as much as the president might like to think so. The question is is the consumer in the u. S. Going to maintain its purchasing of domestic rocks and services. Right now, they continue to be growing at around 4 were year. That is not bad. The president is saying these things for political reasons. He needs a scapegoat in the event the economy does fall down and he wants to blame the fed as opposed to regular cycles or his own geopolitical issues that he creates with these trade tensions. David we will hear more from ira jersey. Lets hear more from joe in washington. We have about to leave to visit iowa. At the same time we have Vice President biden in iowa. What is bidens message going to be to those voters . Joe he is going to rip into trump thorough