Explosion. Welcome to surveillance. Inm yousef gamal eldin dubai. Of, the riskon strategies it, but there is an interesting picture that is emerging here, the talk of a u. S. Capitol gains u. K. Jobsx, showing numbers as negative as they came through. That is being taken in stride. Up one point 72 on the stoxx 600. Real estate lagging. Now on a german data. Treasury drifting into a volume. 10year yield into a twoweek ,. 005. Commodity currencies have been advancing, but you are in a narrow range for your g20 peers, and gold at the moment, we are 1995 announce currently. Thes get now to some of other key stories we are following for you with bloomberg first word news. Leighann gerrans has it all. Leighann good morning, yousef. The number of britons out of work has dropped from april to june, and the figures highlight the economic shock facing the u. K. That is expected to escalate as the government gradually starts withdrawing wage support. Seriouslysays he is considering cutting Capita
Why dont we greedy. We go in search of answers in a documentary film. Starts may 21st w. Could the Worlds Largest economy shrink by a 3rd the top us banker wont rule it out so was wall street selling doing so well so he did the latest. Also coming up airlines are on the brink putting millions of jobs in danger for better times ahead well ask an expert. And well go to india where businesses are coming out of a lockdown but with a few strings attached. This is your new Business Report im Stephen Beardsley in berlin its good to have you with us. The u. S. Economy could shrink by a whopping 30 percent in the Current Quarter. And thats according to chairman of the Federal Reserve Jerome Powell in an interview on c. B. S. News a 60 Minutes Program powell said that he expected growth again in the 2nd half of the year but that the economy would only fully recover once a vaccine for the new coronavirus was available he said that for Business Confidence to grow again people needed to feel safe p
Socalled content monitors. For today they scrub terrifying images from hong line platforms. Risky job for starvation wage. The strain is enormous. And with. An interest pop theres something wall hopping. The cleaners social medias shadow industry starts tonight on t. W. Took to. Could the Worlds Largest economy shrink by a 3rd a top u. S. Banker wont rule it out so was wall street suddenly doing so well for you the latest. Also coming up airlines are on the brink putting millions of jobs in danger for better times ahead well ask an expert. And well go to india where businesses are coming out of a walk down but with a few strings attached. This is your Business Report im stephen theres the in berlin its good to have you with us. The u. S. Economy could shrink by a whopping 30 percent in the Current Quarter and thats according to chairman of the Federal Reserve Jerome Powell in an interview on c. B. S. News a 60 Minutes Program powell said that he expected growth again in the 2nd half of
Markets. We have the latest from d. C. Bob is on the floor of the New York Stock Exchange with todays big movers we start with you. Nato leaders have a long lis of item but President Trump is talking trade. Thats in response to france is taking share of tech giants revenue. The u. S. Is considering new tariffs on french luxury, goods even though the two countries stuck a 90 hhday truce in august that didnt happen it could be another work around and leaving the door open there. Markets are focused on china with President Trump now saying the deal could be shelved until next year. I have no deadline, no. In some ways i think its better the wait until after the election, you want to know the truth. I think its better to wait until after the election with china. Reporter thats the existing 53day truce on shaky ground ahead of a new round of tariffs that would hit consumers the trump were to delay those without a deal or another development in talks, that would be the fourth time that he ha
The hearing of the permanent subcommittee on the investigation will come to order. Welcome everyone, particularly to the witnesses, some of you have come along way. And we greatly appreciate it. Just three days ago i sat across from president zelenskyy in ukraine along with me colleague senator hassan and three other members of the United States senate. As i sat across from him, what i saw was a steely determination to continue to fight, and that determination is shared by the ukraine people, overwhelmingly. Their courage and strength, again on this fifth visit inspired me a new. President zelenskyy handed me a folder that i took from him then. It was the result of a conversation i had with him a week earlier in munich. It was asking for evidence, if he had any, of american manufactured parts and components in weapons used by russia on the battlefield in ukraine. The folder that he handed me was a powerful indictment of our export control and sanction system. A really searing piece of