shares with the u.s. actually also in canada and australia and new zealand we share in the 5 eyes program in terms of intelligence and that's what the concern was with regard to while away now to your question i think it's not so much being a 51st state it's that for example this coming monday liz trust the international trade secretary she's going to be over here talking about u.k. u.s. trade deal u.k. has proven to solve over obviously a great many years 2nd more worth war 1st world war to be a tremendous ally of the u.s. the u.s. has been able to count on the u.k. in every single instance in every single war in every single conflict so i think that the u.s. and the u.k. still enjoy somewhat of a special relationship now exactly to get to your question i think that the u.k. has. great concerns about this and duncan smith who's a former conservative leader he's leading sort of the charge to precious precious boris johnson to say let's do the same thing we did with war way and eventually ban it and as you

the u.s. and laura new cases and that would cause more harm than good but other countries like the philippines and are strange how one the other hand decided to go back to a partial lockdown in order to stop the spread of the virus. r t correspondent thank you for that insightful report. and time now for a quick break here because when we return the oil industry continues to struggle due to a lack of demand called by the pandemic to break down the situation and what it's going to take for the sector to rebound as we go to break through the numbers at the close. look forward to talking to you all. that technology should work for people. must obey the orders given to human beings except where such a conflict with the 1st law. we should be very careful about. the point of use the . very thing with artificial intelligence to. protect its own existence. 54 jets and more than 1300 military personnel are headed to air force base in alaska where is that to say come on i'll show you what's the reason f

u.s. government executive order also focuses on 10 cent holdings the chinese owner of we chat hugely popular in china the messaging and social media app could soon be banned in the united states as well. of to senior market analyst data wanda craig craig what have been the significance of the u.s. banning we chat well i think it would be significant not necessarily on u.s. consumers because they are still quite limited in number but what the broader ramifications really would be the action of that's how you can it's not entirely clear but if it if extends for example to the scope of you wouldn't be allowed to download it on an i phone because apple's an american company all on and would be his has a similar reasons and all of a sudden the ramifications become far more severe also i think it's worth noting that any action taken by the u.s. is going to have a response from china so you get you looking at the u.s. tech space and say which u.s. tech companies are in china which u.s. tycoon riz

as the u.s. as a consumer is driven economy but banks right now are tightening their loan standards and you see j.p. morgan actually leading this entire this entire sector. they're accepting their not no longer accept a new home equity lines of credit they've halted all non p.-p. based loan so now you have almost all of the u.s. commercial banks halting all of these lending halting loans and in tightening lending standards all across the board from commercial industrial to home credit cards and auto to commercial real estate loans and so the loan standards for all these products they were hiked so much that they are almost matching the standards during the last financial crisis when it was virtually impossible to get any sort of loan for the average consumer so in short every single thing that is not explicitly backed by the government such as the p.p.p. loans banks just simply won't go near anymore as they have 0 visibility on the future outlook and the possibility of repayment so right now the

shares with the u.s. actually also in canada and australia and new zealand we share in the 5 eyes program in terms of intelligence and that's what the concern was with regard to while away now your question i think it's not so much being a 51st state it's that for example this coming monday liz trust the international trade secretary she's going to be over here talking about u.k. u.s. trade deal u.k. has proven to solve over obviously a great many years 2nd or worth war 1st world war to be a tremendous ally of the u.s. the u.s. has been able to count on the u.k. . in every single instance and every single war and every single conflict so i think that the u.s. and the u.k. still enjoy somewhat of a special relationship now exactly to get to your question i think that the u.k. has great concerns about this in duncan smith who is a former conservative leader he's leading sort of the charge to precious pressure boris johnson to say let's do the same thing we did with war way and eventually ban it and as you k

while a new forecast from the u.s. centers for disease control and prevention estimates that the death toll in the u.s. is projected to reach at least 173005 august 22nd so that's less than 20 days from now that's going to claim another $15000.00 lives and brand so far july has been the worst month in the u.s. with nearly $1800000.00 cases in this month alone and about 4040 percent of the cases in the u.s. occurred in july when restrictions were lifted in most states and we thought we saw the worst of it in april and we had over 858000 cases but then again in july we saw such a big jump may and june both were in any better but going into august were looking for a better numbers but the good news is that deaths have been significantly lower in july coup. paired to other monster that's a really big plus so going into august on sunday the u.s. reporter around $47000.00 cases now that's an increase in almost 4 weeks that's a small it's actually i should say increase in almost 4 weeks and as of 4 pm monday another 8500 case

the sale of tiktok u.s. operations could hit another road block after they tightened regulations on technology exports. >>> well, happy monday everybody. let's run you through how we're trading the last day of ugust. over the weekend renewed focus on u.s.-china tensions as tiktok stands front and center beijing looking to assert itself place in what happens to the tiktok u.s. operations potentially in the works for president trump after his order to either shutdown operations or sell the u.s. operations within 90 days. that was the deadline set earlier this month let's take a look at the dax and how stocks are trading in the german market. the majority of stocks are trading higher we have very decent gains in the auto space trading 2.4% higher. so a decent session coming here. and it's up 3.5% and dax has been up 5.8% let's take a look at how the session went overnight you have red on the board. the shanghai composite down about a quarter of a percent chinese data is out showing that the august manufacturing

u.s. suggesting tightening screws on some of the accounts of chinese companies. here is what it looks like across the region. i asia-pacific down .2%, csi 300 down .6%, nikkei 225 earnings will be focused on by investors, including the likes of nintendo, the japanese stock down .2%, nonfarm futures, claims better than expected. next chart, dollar remains in -story or theme around the dollar today, relative weakness against the g10 but not so much against emerging-market currencies. that is what the dollar is doing right now. weakness in offshore currency remains on the back of this broader news from the trump administration, down .2%, that is your aussie dollar, risk off mood, down .1%, and the boe is flat against the u.s. dollar. gold move to commodities, publicly above $2050 and out, further gains. not as much movement in terms of stimulus conversations in washington. barrel, up,42 a maybe on track for gains across the week. and that is your yield for the 1132 and 52., tencent's down on

-- talks or u.s. stimulus? emily: u.s. fiscal stimulus, mostly because it still seems like both sides are quite fire part -- far apart. so far, we have not seen too much of a reaction to this. they are approaching an all-time high. we have seen falling initial jobless claims, but continuing claims are elevated. there is still the potential that we certainly are not through this virus, so the additional support fiscal stimulus provides will be crucial to keeping the u.s. economy going. the good news on the u.s.-china trade talks is that neither side seems to want to truly upset the apple cart on that front. even though rhetoric is increasing, still, seems like there is an effort to be made to negotiate some sort of agreement. emily, what does a biden-harris administration do for the markets? emily: it is certainly something i think markets are starting to pay a lot more attention to as we are a few months away from the u.s. election. that from past elections, a lot can happen ahead of that date so there is still a lot of ti

the u.s. speaks out in support of a former saudi intelligence agent at the center of an alleged assassination plot by the crown prince. prime sammy's a than this is al jazeera live from doha also coming up anger in hong kong after the u.s. imposes sanctions on 11 officials including carry land as hope fades of finding survivors after the explosion in beirut the president raises the possibility of external interference. ripped apart after skidding off the runway at least 17 people are killed there's an air india express jet crashes in catalog. the u.s. state department has spoken out in support of a former top saudi intelligence agent who was allegedly targeted in a fall the sasser nation attempts it describes sather job as a valued partner and job or a filed a lawsuit in washington d.c. on thursday accusing the saudi crown prince mohammed bin man of sending a hit squad to carol to try and kill him mike hanna has more. patrick leahy was one of 4 senators who sent a letter to the white house las

u.s. wall street had a third straight high -- third week high. expectations for loose monetary policy. for a 20 plm hong kong and shanghai. the simultaneous listing could bring evaluation of 225 billion dollars and may raise more than aramco's record sale. day twot lady headlines of the republican convention. the theme is the land of opportunity as melania trump makes the case for her husband winning four more years. working news at the moment. we are getting confirmation that the u.s. business will be charged in a generic drug price-fixing probe. this coming from the department of justice, saying the pharmaceuticals company was charged for its role in a saying tesla's u.s. u.s.mers -- teva's consumers were charged $350 million. it was charged for conspiracy including landmark and -- glen tech.nd apple it is falling more than 4% in post-market trading. teva pharmaceuticals being charged with conspiring to raise prices for generic drugs. this is after years of price-fixing in the generic dr

u.s. say: today the market microsoft, apple, google and amazon. nasdaq hits an all-time high as a combined value tops the gdp of the world's third-biggest annomy, cash trade is just hour away. here are your top headlines from the bloomberg terminal. trump says tiktok must close its u.s. operations by sold.ber 15 unless it is he insist any sale must include a substantial payment to the u.s. government. global equities trade makes after a tech surge sent the nasdaq to a record. isn amid a positive u.s. pronounce and hinge from trump as he could face executive action on fresh virus release. results easing continues infineon. the buyer warrants that the pandemic has stunted demand for nonessential medicines. we wait on numbers and it looks like we are getting numbers from british petroleum right now. annmarie, what do you see? annmarie: the dividend to the oil make it -- maker is cut. this is the first time since the bp oil spill in 2010. a historic moment in some senses for the oil giant. , 5

and how the u.s. is going to see the u.s. last jobs are $0.15 people there on an old and you put about $1000000.00 people your car you see think state aid for them. yet 47 percent of americans have lost their jobs in the u.s. those chips are never going to come box as a level of hopelessness. which to say the u.k. and the e.u. haven't yet had property and i see you missed the beginning of the for a while and see if it's 9000000 jobs not all ringback of these chips are going to remain so. it's a huge concern and i think you're able to delay you know it all and what's. below let's just stick with britain if we can because britain has been the outlier in whichever metric you can think up worst 2nd quarter g.d.p. more deaths than anywhere else in europe and it's only going to get worse isn't it well certainly the u.k. has had one of the worst performances in europe the question of whether it will get worse is less clear cut you know one is because although many countries are seeing 2nd ways and there's some evidence you're seeing

the u.s. state department has voiced its support for a former top saudi intelligence agent who was reportedly targeted in a foil distaso nation attempt is described saddam japery as a valued partner or job filed a lawsuit in washington on thursday accusing the saudi crown prince mohammed bin salon of sending a hit squad to canada to try to kill him like hannah explains why patrick leahy was one of 4 senators who sent a letter to the white house last month in the letter the senators express their concern about what they call the abduction in saudi arabia are saddled jobbery son and daughter. in his court filing our job research his children now aged 20 and 21 were being held as what he called human bait to lure him out of hiding the state department has now responded to the senator's concerns in a letter to senator leahy it describes jobbery as a valued partner to the u.s. government working closely with the u.s. to ensure the safety of americans and saudis it also states that any persecution o

the u.s. dollar weakens an interest rates go down, they are looking for opportunities outside of the u.s., fueling some of the money shifting into the emerging world, which i think will continue. the pace might not be the same. the -- doesn't matter that the global economic recovery that, that it is strong index risinge above 200, surprising on the outside but we are coming off of an and president global pandemic. kerry: the level of surprise and the economic data that we got at the beginning of the season has helped fuel the rally. that may start to wane toward the end of the year, especially in the u.s.. still be markets looking for better prospects into 2021. risk think the biggest right now is the valuation maybe don't measure up to what we are seeing in terms of earnings. there may be some disappointment there. the theme of american exceptionalism when the equity markets are -- with concerning equity markets, does that continue? kerry: the market really is really down to what we are seein

also coming up the u.s. and china prepared to resume trade talks the backdrop of a global pandemic and washington's threat to bomb social media giant take top. this is the business i'm kate ferguson thanks for joining me it was a hockley on to suppose that i.p.o. and it turns out to have been as lucrative as analysts expected german biotech company cura bank has made well over $200000000.00 in its debut on the not stock stock exchange giving it a total value of a buy $2800000000.00 the for firm is working on a cope at 19 vaccine and wants to use the funds to pay for clinical trials. for more let's bring in business correspondent yan squad to yes how much of a boost is this for a cure back. well it's clearly helpful i mean a good $200000000.00 that is very promising and it was a very good start to your image on manhattan. the stock up by 250 percent so it more than tripled in the 1st trading day but you're of it already said that there. going to need more money and probably hundreds of millions of dollars may

the u.s. and united nations sought to establish a democratic republic. two years ago at the capitol of korea united nations commission supervised elections south of the 40 parallel and the republic of korea, a sovereign democrat nation was born. its president was sigmund reed. citizens of the this young republic went to the polls again to exercise their democratic rights to choose their government under their democratic constitution. even as the citizens of the korean republican voted in free elections, the north korean communist leaders were boasting of their intention to unify the country by force. target, aas their partly mountainous peninsula and the 20 million peaceloving citizens of korea. the attack by the north korean communist came suddenly and without warning. facedpublican army superior forces with all of the advantages of the section and surprise and rallied to the defense of that the public -- of the republic. they were thrown against the invaders south of the 38th parallel agains

and following a move by the u.s. commerce department on monday to impose new sanctions restricting any foreign semiconductor manufacturers from selling chips made using u.s. technology to walk away without a special license the chinese foreign ministry of foreign affairs continued its full throated rebuttal of government action against chinese tech companies leave early should what the us has done has completely the big leaf of the market economy and fair competition principles that the u.s. has advocated violating international trade rules undermining the global industrial chain supply chain and value chain it will inevitably damage u.s. national interests and its own image that's we urge the u.s. to immediately correct its mistakes stop you'll entering china and stop suppressing u.s. companies the chinese government will continue to take necessary measures to safeguard the legitimate rights and interests chinese company was. in the medical and pharmaceutical world cup at 19 is virtually the only discussion in ameri

a security scare forced u.s. president donald trump to leave a press briefing on monday he was escorted from the room by secret service personnel because of a shooting outside the white house a man and a secret service agent were taken to hospital after the incidents. the entire government of lebanon on has resigned almost a week after the massive explosions that ripped through beirut prime minister said his cabinets departure would make possible the changes lebanon needs but his announcement as so far done little to placate protesters even as they are was speaking demonstrators were back on the street demanding an end to the corruption which they say set the stage for last week's tragedy. a country in pain. on the streets of beirut clashes gained momentum protesters vented their anger at thorazine palla leaders who they say are incompetent and corrupt. 7 this scenario only reignited by last week's disaster. police tried to regain control turning technique after protesters howling starns. i. don't think. they wan

for the u.s. seals the deal with poland to boost its troop presence in european country after relations with germany so we'll be speaking to our correspondent in berlin about after the break. seemed wrong. just told. me. to shape out. and in again it was betrayal. when so many find themselves worlds apart. just to look for common ground. you can't be both with the yeah you're right. welcome back in the u.s. seattle mike is an express their intention to abolish part of the city's police department and replace it with a brand new civilian led public safety system it's a response to the ongoing black lives months of protests around the proposed police divestment plan contains a number of key points it aims we juicing the budgets of the local police department i'm removing certain functions from law enforcement on top of that it in visions the creation of a department of community safety and violence prevention some locals are unhappy about the idea that on saturday there was a peaceful rally against

really crushed by u.s. authorities and had to spend $5 billion a year on compliance and still the u.s. government was not satisfied. one of the sticking points right huawei and canada. the chinese official media blame the bank for setting her up. critics in china said why should a colonial era bank use the profit of hong kong to invest in u.s. and europe, which produce no profit at all? why should the bank follow the orders of the u.k. authorities and not pay a dividend. it is unfair to the people of hong kong. think chairman tucker said he is considering selling out european and american assets because they are not performing. go muchhe should further and split the bank into rest oft asia and the hsbc. east asia should belong to hong kong and shanghai bank and be headquartered in hong kong. haidi: you think hsbc needs to strategically double down on is hong kong and china business given the political uncertainties? that, theot only british management must be changed. it is a hong kong based bank. it should

security council to this u.s. move with a joint statement being released from by european countries namely person france and germany saying that they don't support u.s. efforts diplomats from those countries of essentially argued that they've questioned the legal case they've questioned the validity of the u.s. claim in its ability to be able to trigger this this snapback process to trigger sanctions after having withdrawn from the nuclear deal itself the united states is insisting that it does have the right to initiate this process under the terms of the u.n. resolution that was passed to endorse the deal so the u.s. and its arguments trying to separate the text of the j c p o a that's the iran nuclear deal from the resolution that endorsed it saying that it does have the right to initiate us u.n. sanctions sweeping u.n. sanctions on iran under this particular resolution and of course that would include an extension to the arms embargo as we still have a bag with us in tehran and so. we heard the ambassador ther

u.s. trade talks with china have been put on hiatus after president trump claims he does not want to speak to the agent power we dig into the comments of what it means for trans pacific relations in the age of kobe night team plus the u.s. dollar is struggling to stay above read. the lows as the federal reserve minutes are taking center stage we bring in insight from a former fed insider our what to expect in the nation's central bank and later bull run has picked up again uncertainty of the 10 demick what is the hype here to stay we have a boom bust table standing by to catch us up on the crypto search show today so let's dive right in. and we leave the program with the latest in trade negotiations and trade negotiations between the united states and china u.s. president donald trump told reporters tuesday he had cancel a planned aug 15th review of the trade agreement between the 2 sides continue his criticism of china's handling of the crow virus pandemic. you know why i do what. i do wa

the u.s. is calling it the largest seizure of fuel from iran its incepted for tank is carrying more than a 1000000 barrels of oil to venezuela after winning a federal court order last month where for tankers they're going to use them and they're there. they're not supposed to be doing that or on sets of us to be doing that and so we did we see the tankers and we're moving them and moved to euston but iran says the liberian flag ships have nothing to do with them it accuses the us of lies and psychological warfare 0.09 with a number of no right now there's nothing planned because we haven't had a request from our venezuelan friends as they are reactivating their own refineries u.s. officials are experts in fabricating lies and carrying out shows in the media the details of the capture. when the seizure or do is produce more than a month ago all of the ships turned off the tracking devices seemingly not wanting to be found but what's certain is that trump is running up his campaign against iran

in the u.s. . well look you know we may be betting we may be doing some other things are a couple of options but a lot of things are happening so we'll see what happens but we are looking at a lot of alternatives with respect to their. reports on friday indicated that one of the alternatives being considered is an order for byte dance to give up ownership of tik tok potential buyers are reportedly already in talks to take over the apps u.s. operations including tech giant microsoft and national security review of tick talk is expected to be presented to trump in the coming days its results may further sour already deteriorating ties between the u.s. and china with tensions already running high on trade and the coronavirus pandemic cyber security concerns are now further straining relations between the 2 powers. data court has been following the story for us from new york. there have been charges against to talk for quite some time that the company actually collects privacy data from their users and

we think the u.s. administration is going to try to avoid creating a big crisis which could affect the stock market so close to the elections. however, it will try and capitalize on this theme of being tough with china. certainlypowerful and united against a common thing seems to be a strategy that could be successful. manus: they certainly don't want a rerun of 2015. stay with us. we will talk about gold in just a moment. ♪ manus: good morning from bloomberg's middle east headquarters in dubai. i'm manus cranny. nejra cehic with me. it is daybreak europe. global stocks amid concerns over a protracted standoff over u.s. stimulus. gold collapses below $1900 amid the advance in u.s. treasury yield. joe biden picks senator kamala harris as his running mate, the former california attorney general becomes the first african-american woman on the ticket. president trump calls her the meanest u.s. senator. release is. gdp expected to confirm the u.k. fell into recession in the first half of 2020. productivit

the leading u.s. infectious disease expert says he's cautiously optimistic a coronavirus vaccine will be produced in the coming months dr anthony fauci appeared before a congressional committee at a time of deep political division on reopening schools and businesses my kind of reports from washington d.c. that the test from the outset it was clear that the hearing would reflect the country's bitter political divide the democratic chair outlining what was supposed to be the prime intention today i'm calling for the administration to finally give america a comprehensive national plan prioritizes science over politics the ranking republican member waving reams of paper contended that president trump did in fact have a national plan let me thank you on behalf of the millions of american people who are alive today that wouldn't be alive if you weren't carrying out president trumps effective plan to keep americans safe as we learn about this virus as we work to get a cure for this virus a picture of the pre

the other company to sell the u.s. operations for example but as we heard he could say ok we're going to ban talk and then they could decide to sell for example the u.s. operations to microsoft and then maybe u.s. president donald trump would. take this author back so that's probably how the whole deal could work and what is behind the american government's mistrust of this app to talk. well i mean they have charges for quite some time that talk is actually collecting privacy data from its users so we have those accusations those charges by the way not just in the united states but also in the u.k. or in germany tick-tock of self i'm always was saying that well for example is the u.s. operations all the servers are also u.s. based but still there were some suspicions that even if the service are in the u.s. that does not necessarily mean that data or has not been transferred to abusing. and looking at the business aspect of things here we've heard reports that microsoft might be trying to buy the u.s. shares of tik tok

the u.s. markets are beginning to fade and the nasdaq seems like it is getting down through thursday lows. we are seeing pressure. i love covering the markets. europe is a snooze fest from an equity market point of view. there is nothing happening. light volumes. market trapped in a tight rein from an equity point of view curate we are going nowhere in a hurry. the energy sector is reasonably well bid but not spectacularly. the euro is back towards the middle of its risk range. brent catching a bigger bed. we have the opec note coming out later this week. reports worth paying attention to. overnight, we do not see much out of china. you are seeing a little bit in terms of the nasdaq. alix: yes. that is a good point. he saw mike wilson's note at morgan stanley. he came out in the note last week talking about it was a pull forward of demand for tech where sustained acceleration. if there is a pull forward, how much earnings estimates increase can you see in 2021? you also wonder moving into cycl

the u.s. state department has called former top saudi intelligence officials sadal jobbery a valued partner it comes a day after it was revealed filed a lawsuit in washington accusing saudi crown prince mohammed bin sell none of sending a hit squad to canada to try to kill him the state department says it's concerned by algebras allegations and any persecution of his family members is unacceptable it's also being reported that interpol rejected a request to extradite back to saudi arabia because they said it was politically motivated well the u.s. state department comments were made in a letter to democratic senator patrick leahy who had requested a formal update on the case in. the letter the department praises dr algebras work with the u.s. embassy in riyadh describing him as someone who responded around the clock to threats against u.s. interests in the kingdom it goes on to add the department of state is concerned by the alleged activities that led to bree's exile in canada the state depar

u.s. will use a snapback mechanism for further u.s. sanctions on iran, saint mike pompeo will notify the united saying mike pompeo will notify the united nations. controversial, given this statement is being made by the security council rejecting washington's attempt to extend the arms embargo against iran. that snapback mechanism is the contested argument around the 2015 nuclear deal, despite president trump withdrawing the u.s. from that deal, and can therefore force the return to sanctions if it is seen as a violator of those terms. the u.s. trump saying is using that snapback mechanism in opposing sanctions against iran. we will continue to monitor the press conference and bring the latest. shery ahn: let's check the markets. u.s. futures under pressure at afteren, declining 0.1%, that reversal off record highs during the regular session. erased early gains. all 11 sectors were lower, led by real estate and energy. as nasdaq losing .6%, this central bank minutes pick painted a bleak pi

coming up, the u.s. state department because a former saudi intelligence official a valued partner, saying it is concerned by allegations the saudi crown prince sent hitmen to try to kill him. anger is growing after the explosion in beirut. president says he is not ruling out an attack. an air india plane skits after the runway after landing. at least 16 people have been killed. and hong kong chief executive carrie lam and 10 otherr officials s are sanctiononed bye u.s. over a contntroversial securityty law. a familiar setting and a familiar story for world champion lewis hamilton. he set the pace for the 70th anniversary grand prix. ♪ anchor: the u.s. state department has called a former top saudi intelligence official a valued partner. it comes a day after he filed a lawsuit in washington, accusing the saudi crown prince of sending a hit squad to kill him. they say they are concerned 's allegations and persecution of his family members are unacceptable. an extraditioned request because they said it w

so to enslave the u.s. economy away from that kind of influence of technology is going to throw us even further back and it's not going to help us economically look i think what i don't know have been agrees with me about this and i but i've thought about the slot i think what you really have here is a president that's genuinely confused he sees the world as a 0 sum game and if somebody else is doing well that means they're at the expense of the u.s. and if we crack down on them and make them suffer and somehow that's going to make us better off and i think he's a genuine old fashioned protectionist and almost alone he's overridden 70 years worth of u.s. influence in the world towards free trade prosperity and free markets to implement americana to list 18th century style a nationalist regime and i don't know what else it could be due to except basically intellectual air because u.s. companies do not want this they've they've always opposed the president's tariffs and they're certainly opposing this even th

shacked sounds from the u.s. what to people who use it in the u.s. will today use. well it's very interesting because you know i work with human rights activist and lawyer writers in china a lot of them can't use weight checks why because in order to have a recheck cons you have to register your id you know that stuff and the governor has good job about it and those people you know like the government and government has been you know harassing and sobering them so even trying to get out we checked because the governors are one of them. so you know they have you know developed their or find or trying to. get each other in to also check with me signal is not banned in china so you can right now it's easy it's and the people are students were asked by having a v.p.n. it's cover some it's had it but you can still do it this has been cruelly by many people who don't come which in your we don't dissuade say because the government doesn't like them or because they wanted to speak freely and without the surveillance by the so you can see is that what you actually you can sh

germany france spain and the u.s. have all voiced their concerns over regulatory approval after less than 2 months of human testing and the world health organization said it's holding talks with russian officials on safety and efficacy data still russian officials plan to start mass vaccination in october meanwhile the u.s. government reached a deal with pharmaceutical giant turn up president trump announced his plan to purchase $100000000.00 doses of its experimental coronavirus vaccine that trial is currently in late stage human trials it's testing safety and efficacy on 30000 people in the u.s. already has similar deals with the pharmaceutical giant pfizer johnson and johnson and other drug makers for their potential covert 1000 vaccines. and what has become an increasingly correlated rise in the stall of both goals were both safe haven assets have seen their dramatic surge just stall what seems to be as interesting as both the surge and gold price on the rise of big coin to break the $12000.00 mark is the fact tha

could it be time up for tick tock in the u.s. president trump says he plans to ban the app amid concerns over chinese spying what will it mean for the video platform in the end the u.s. and chinese relations. sirens blare and poland's capital marking one of the country's most solemn occasions 76 years ago the warsaw uprising against nazi occupation began. use of welcome to the show here in germany there's been a sharp spike in the number of new corona virus infections countries pub leading public health institute is warning that people are letting down their guard and not observing social distancing measures now despite these developments in central berlin today thousands of people were out on the street protesting against restrictions police broke up the event after many protests and participants ignored hygiene and distancing rules. we are free people chance this crowd during the coronavirus pandemic they say wearing a mask and hearing to restrictions is violating that freedom and it seems thousands agree the mixture of conspir

well moving on u.s. secretary of state mike pompei o says his country is working with its european partners to support a better resume people pompei all made the comments on a visit to warsaw where he signed a deal that will see a 1000 u.s. troops move from germany to poland the defense pact will pave the way for an increased chance to staines u.s. military presence in poland something or so has long called for it comes after the u.s. announced it would withdraw some $12000.00 troops from germany for failing to meet nato targets on defense spending. we're joined now by journalist mike bell and. she is in warsaw hi mike bolena let's start with why did the polish government one face in new defense deal with the united states. well the main purpose of this deal is to increase the number of troops of u.s. troops in poland of course they need it this is the presence of the u.s. military in currency ensue in poland hurts you have to know there is that special sense of be frightened by a russian arms and reach

u.s. rival. shery: we are seeing u.s. futures coming online flat at the moment, after stocks climbed in the regular session. we had some optimism over a potential stimulus package, but investors are cautious. the s&p 500 gained for a fifth consecutive session. communication and tech stocks led the gains. apple reached a record. we did get a lift for stock markets in the afternoon after president trump said he could act unilaterally on some stimulus measures. we also have positive initial jobless claims numbers. lowestll to the since the pandemic began. there will probably be a slowdown given the rise in infections recently. take a look at how oil is doing, just under the $42 a barrel level. in new york, it fell for the first time in about a week after wavering between gains and losses throughout the session. uncertain economic outlook overshadowing signs of recovery. let's bring in sophie in hong kong. futures are fairly positive for asian stocks. we have the offshore you and -- steady,- y

ethan: the u.s. always plays a little better role than everyone else because we are the center mobile capital market. people forget what a great thing it is to be the center of the capital market, so that when things go bad, people move their money into your country. ecb and the bank of england and the boj all to some extent and if it from that safe haven quality and from this being center market, the u.s. is the primo on that, and it gives us more room to be responsible way and mored a rope to hang us with i guess, but there is no evidence that that ability to kind of stretch rules has changed. the u.s. seems to be able to borrow pretty much as much as it needs. alix: well said. ethan harris, bank of america securities, head of mobile economics, thank you. happy friday. this is bloomberg. ♪ bloombergime for the is this flash, look at the biggest business stories in the news. wells fargo started their long awaited jobs cuts. some of the biggest rivals have held back terminations in the midst of the

it also poses a risk to u.s. companies operating in china, where the rivers could happen to them, but i do think the market is hopeful that some degree of a detente is reached, and these apps will be able to continue to function. tom: what would be your advice to the president? it is a massive tit for tat game of chicken. you have been doing this for years. you did it at treasury. you have been cited by the fbi for your work. what is the advice for the president to break the game of chicken? daniel: can't we all just get along? but how can we find a productive way to negotiate with china? there's no disputing that some of the actions of the trump administration on china were long overdue. it is just back to the how they are doing this. i do think if you can go back to the manner with which similar discussions have been held, like the phase i trade deal negotiations, you would probably have a much more productive outcome, especially since you are seeing china take somewhat more measured responses to the actions by

the u.s. says it is trying to protect a freedom and human rights of the own computer but the us itself is iran's much you know what then hong kong in many we need to know issues and dearest know police kneeling on the neck of people choking people to death is that many hong kong very being angry with washington who is applying that was then to come ignoring the fact that many people do not want themselves to be represented by foreign and yet here we have dealt proper authorization remember 3 median home the rest of the hof depopulation signed a petition to support the new national support all that has been said to spark a new round of action from the u.s. . bridges write ups they don't forget to check out plenty more news stories that we haven't covered on here but you can get them online at all t. dot com. is your media a reflection of reality. in a world transformed. what will make you feel safe. isolation community. are you going the right way or are you being led. by a. what is truth what

well the u.s. state of florida is bracing for tropical storm is the highest which is expected to hit in the coming hours its full cost of the upgraded to hurrican strength before crashing into the state's atlantic coast it may test the state's ability to handle a stone during the cold 19 pandemic and all of florida's intensive care beds are already full. to get this close to its i.e.s. this film was taken by a so-called hurricane hunter plane as it passed through the storm its mission to measure how intense the worst of it will be when it hits the u.s. already the skies have been docketing of a miami storm band sweeping across the c.v. the center of the storm is due early on sunday. i feel that the public is really panicking. because if they hear again then we're in the middle of david. because they've been through enough already. complicating people's preparations for this storm but 19 there have been tens of thousands of cases in the suburban area near miami alone. in the state government has bee

the u.s. postal service is warned that millions of mail in votes may not arrive in time to be counted in the presidential election there is expected to be a huge rise of the number of mail in ballots as a result of the pandemic but the service says it can't guarantee that all posted votes will arrive for counting on november the 3rd how did your customer report stuff from silver spring maryland. this is not the scene u.s. public health officials want repeated on november 3rd when americans elect their next president amid a pandemic. but the alternative to have large numbers of people vote by mail may also be risky that's the warning the u.s. postal service has issued to 46 states and the district of columbia the government run agencies states must require voters to request mail in ballots at least 15 days before the election or those ballots may not be counted on time we could see a dramatic increase in the volume of mail of people returning their ballots which we would absolutely determine ha

with the u.s. dollar. the latest projections for treasury refining in the united states next quarter is close to trillion dollars. these numbers are starting to get a little bit meaningless because every country is borrowing lots of money. but when you're borrowing close to a trillion dollars a quarter and got the central bank eating up as many securities as it can, people will suddenly be afraid that you're not taking your currency seriously and that's partly why were seeing the u.s. dollar fall. there's also significant change in the funding costs as well. but we saw in march, part of the reason why the u.s. dollar was stronger was that there was the demand for short-term funding in the u.s. dollar that pushed up short-term rates relative to other currencies. that has completely evaporated. for currencies like the euro and the yen, the cost of holding those has gone down so much, there's almost no deterrent at euro andfor being long that's a first time in a while that people don't have to talk --

u.s. president woodrow wilson arrived in britain en route to the peace conference then gathering in paris. about which we have heard quite a bit already. now, during his time in london before he arrived in paris, wilson had a private interview with a deputy chief sensor of great britain, a man by the name of frank worthington. in response to a question by worthingten about closer relations between great britain and the united states, wilson, according to worthington's notes, told him the following, and i quote. you must not speak of us who come over here as cousins. still less as brothers. we are neither. neither must you think anglo-saxons for that term can no longer rightly be applied to the people of the united states. he then concluded, and i quote again, no, there are only two things which can establish and maintain closer relations between your country and mine. they are community of ideals and of interests. now, this might seem like a surprising outlook to take for a man like wilson

u.s. of bullying over tiktok. donald trump said he would ban the video sharing app by september. as coronavirus infections soar past 112,000 and the philippines, tens of millions of residents arare back in lockdow. good to have you with us here on france 24. spain's former king has left the country. pressure had been mounting on the former monararch for weeeeks after prorocutors in spain and switzerland began looking into allegations of briribes. in a letter to his son, juan carlos said he wanted him to rule untroubled. [speaking spanish] >> [speaking spanish] >> [ [speaking spanish] >> for more on how the spanish press have been reacting to the former king's departure, here is our reporter from madrid. >> it depends on whether you look at the left wing or right wing press, but generally most of them are reflelecting the mid views many spaniards field for a man who is considered by an older generation to have helped deliver the democracy after the dictator francisco franco's death. the mos

well to the u.s. presidential race democratic candidate joe biden is expected to announce his choice of a running mate next week in march he committed to choosing a woman as his vice president since then dozens of names have been discussed in a moment we're going to speak to our washington bureau chief about this but 1st here's a look at 4 top contenders for the vice presidential position. one person seen as having a good chance of becoming biden's running mate he's come on harris observers say she takes lots of boxes she's a passive comma something seen as crucial given the current ructions open racism in the u.s. . but she's also someone the public knows well having tried to secure the democratic nomination as south before would join to support biden in monch crucially she has a reputation as a fierce and competent debater. the critics fear there could be a lack of personal chemistry between her and biden something some say could be a drawback for her. senator elizabeth warren is another well known

it's taking place within u.s. newspapers now the u.s. called system and it seems to be between people who are very close to each other one point but now fighting each other for the attractions of the white house and. one friend of mine who is very close actually to the saudi said to the saudis and son saudi regularly well liken this to the idea that actually what is going on right now is to put pressure on the white house and donald trump to pick a side would you characterize that as being right i don't think that's farfetched i think it's wider than the white house i think it's the white house and the issue of the ties who our intelligence community is tied to but i think there's an underlying story here that fits into what you're talking about which is the fear of what has to say and what he know and one of the issues seems to be a fear of the influence that what he knows that play on top of this field in the intelligence community and then they could pressure the white house or the white house directly and i think we can't minimize th

so the idea of u.s., let's call u.s. equity, but also the dollar really getting into massive bear market. we are kind of questioning that. i think powell has a relatively easy task. i doubt there will be a massive, massive change in policy announced from jackson hole. i think it's probably going to be much more sort of a nuanced tweaking towards what we really been seeing over the best part of the last two years anyway. i think powell right now has a fairly easy job to do because consensus has become so incredibly bearish on the u.s. whether that's with regards to the handling of the writers, whether that's with -- virus, whether that's in regards to relative growth or political risk, it seems that consensus is saying that everything is fine in the euro zone but everything is bad in the u.s. that's just not the case. tom: this is fascinating. max kettner will stay with us with hsbc. with a category shift in the hurricane, the hurricane has been off my radar because of a sudden, it has gone -- all of a sudden, has gone fr

s the u.s. military is concerned is concerned about an identified aircraft which it believes could be drones flying from other countries near its bases on call media tycoon jimmy lie has denied colluding with foreign governments after being released on bail he was arrested last monday on during a new security law imposed by beijing doing it during an interview with g w lie said he expected resistance in kong hong kong to china would continue. their suffering campaign or jimmy lie has been detained many times but this was the 1st time he was taken away in handcuffs and i told the w that although he expected his arrest he was surprised that it came so soon and that his sons were also targeted. this time. maybe because they can't. i was sure. makes it more scary it's pretty sure you went with the pick your friend be it more we want you to i think this is a very effective intimidation. to the community. now i says his most emotional moment this week was when he was surrounded by supporters after he