The focus is to make this next three quarters count. Kailey a major merger in telecom gets approved. It was an unusual decision. Kailey democrats unite sen. Sanders we are going to unite together. Kailey a Cabinet Reshuffle in the u. K. Takes a startling turn. Not someone walking out on the job. Kailey an exit interview with the outgoing Credit Suisse ceo. Tidjane thiam. The true legacy comes after we leave. Kailey it is all straight ahead on bloomberg best. Hello and welcome. And this isleinz, bloomberg best. Your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. We began with a familiar focus, assessing the spread of the coronavirus outbreak and measures to blunt its impact. The global death toll from the coronavirus has now topped 900. Hubei province posted the most fatalities for one day. Medical experts from the dove w. H. O. Heading to the epicenter of the
15 million in eight years. In fact we plant less now than we did in the 80s. Hello and welcome. Im katty kay in washington and Christian Fraser is in london. In the last few minutes the Federal Reserve has done something it has not done in more than a decade cut Interest Rates. Its only a quarter of a point but whys it cutting rates at all . Normally a central bank would only lower Interest Rates when an economy is faltering, not something you could say about the us economy right now. Fed officials describe it as an insurance cut, to keep the us economy on track. But the critics suggest the normally independent central bank is caving in to political pressure from the white house. The president has been very critical of the fed chairjerome powell, and has been demanding this cut since the fed put up the rates last december. Id like to see a large cut and id like to see immediately the quantitative tightening stopped. We expect the chair of the Federal Reserve to speak in the next 30 min
Republic and sweden. Defences flood once more, this time sinn fein says early results from irelands general election are a revolution in the ballot box in the wake of storm ciara. Solar after it topped the poll ahead of the two parties which have orbiter which aims to unlock the dominated the countrys politics for decades. Secrets of the sun is on its way to a spacecraft built in britain has the stars. And the oscar goes to begun its mission to explore the secrets of the sun. Stopped up parasite. And the oscar goes to. Parasite. The stars. And the oscar goes to stopped up parasite. The first non english language film to take the top five in oscar awards. Also coming up the south korean film, pa rasite makes history at the oscars becoming the first non english language film to take the top prize. We will be debating why here on bbc news. Well, china where the coronavirus outbreak originated, has been counting the cost of the disease. Chinas leader xi jinping and if you justjoined us goo