Presidential endorsement that both candidates have been angling to lock down for weeks now. And it turns out neither one of them is getting it. An an election that is marked by an allout fight for Blue Collar voters. The teamsters silence rings louder than really any endorsement could tonight. The leadership declared during that theyre not backing Vice President harris or former president Donald Trump. The republican Nominee Tonight tried to claim otherwise earlier today, i was honored to receive The Endorsement of the Rankandfile Membership of the teamsters. I love that endorsement comes from the leadership of the teamsters, but well talk more about that in a moment. But just to give you a sense of how much trump was trying to woo the Teamsters President Sean Obrien, he gave him a Prime Time Speaking Slot at the republican national convention. Any reaction with the Teamsters Decision not to endorse know they are. I particularly daughter is there not going to endorse the democrats its
Tonight, a major presidential endorsement that both candidates have been angling to lock down for weeks now. And it turns neither one of them is getting it. An election that is marked by an allout fight for blue collar voters. The teamsters silence brings louder than really any endorsement could tonight. The leadership declaring that they re not backing vice president harris or former president donald trump. So the republican nominee tonight tried to claim otherwise earlier today, i was honored to receive the endorsement of the rank rankandfile membership of the teamsters. I loved that tapes of course, the endorsement comes from the leadership of the teamsters, but we ll talk more about that in a moment. But just to give you a sense of how much trump was trying to woo the teamsters president sean o brien, he gave him a prime time speaking slot at the republican national convention. Any reaction to teamsters decision not to endorse know they i particularly to honor their not going to en
And bank ofs, citi, america all reporting today after j. P. Morgan and wells fargo yesterday. The pboc cuts mediumterm borrowing costs again amid expectations of further easing, after the imf warns this years downturn could match that of the Great Depression. We are just under an hour away from the start of cash equity trading across europe. Lets take a look at how futures are trading. We had gains in the cash trade yesterday in europe, with the exception of the ftse, and big gains in the u. S. To close the session last night. Mixed trade in asia as the earnings season began to kind of way on some investors sentiment. As a result, we see european futures down this morning. Nasdaq, u. S. Futures down as well, about two thirds of 1 . Lets get you the bloomberg first word news from the terminal. President trump says he is suspending u. S. Funding for the World Health Organization while his administration reviews its response to the coronavirus. He says the who was slow to share informatio
Friend in hollywoods. Welcome to your business live from berlin i want to get johns going to have you with us and was a difference a day makes asian share markets got off to shake just us a day as concerns mount that tensions over hong kong may get in the way of a u. S. China trade deal u. S. Present donald trump on wednesday signed into law legislation backing prodemocracy protesters in hong kong the legislation requires the state department to monitor hong kongs autonomy to justify favorable u. S. Trading terms its also threatened sanctions for Human Rights Violations Chinas Foreign Ministry hit back warning of unspecified firm Counter Measures put a lid on a week of gains for asia pacific shares for more lets cross over to our financial correspondent only bods in frankfurt. This makes a face one trade deal less likely right. Right i mean were speculating here we dont know exactly what will ensue but the chinese have promised and threatens the taliban steps in a case like this and it
Downgrading most advanced economies. You can see right there, these numbers 3 for the world, 2. 4 for the u. S. , 1. 2 for your area, 6. 1 for china. These are all down you see there from the prior forecast and also mostly except for japan down from last year. The imf saying in its report, Downside Risks elevated. Brexit related risk to hinder confidence and growth. Theyre down on this trade issue. Very quickly, they do see something of a moderation next here in 2020 we go back up to 3. 4 it isnt the advanced economies this get there theyre looking for a turn around in emerging markets and developing countries four things the imf notes needs to be done theyre saying International Response may be needed if things get worse from here. They say Monetary Policy cannot do it all. There is a financial risk created from low Interest Rates there. Fiscal measures to help with the slowdown along with structural reforms. Carl that is big news, steve were going to dissect a lot of that with the ea