19
19
May 13, 2020
05/20
by
BLOOMBERG
tv
eye 19
favorite 0
quote 0
coming up, as the u.k. economy shrinks 6% in march and the government extend its furlough scheme, we speak with the shadow chancellor next. this is bloomberg. ♪ francine: economics, finance, politics. this is "bloomberg surveillance ." i am francine lacqua. >> thousands have returned to their offices across some of asia's financial hub. things will not return to normal for a long time. hong kong is planning for partitions in some workstations. employees will be able to choose to work from home permanently when the outbreak finally receives. half theey has told company that they are unlikely to reopen offices, but most can work from wherever they want. employs around 5000 people around the world. the indian government is planning a $65 billion spending plan to support the economy. it expects a contraction india's top motorcycle maker, hero, is urging the government to reduce taxes on its products. bloomberg business flash. francine: thank you so much. let's get more on the u.k. sinkingws the economy into t
coming up, as the u.k. economy shrinks 6% in march and the government extend its furlough scheme, we speak with the shadow chancellor next. this is bloomberg. ♪ francine: economics, finance, politics. this is "bloomberg surveillance ." i am francine lacqua. >> thousands have returned to their offices across some of asia's financial hub. things will not return to normal for a long time. hong kong is planning for partitions in some workstations. employees will be able to choose...
41
41
May 15, 2020
05/20
by
KQED
tv
eye 41
favorite 0
quote 0
viewers joining us in the u.k. have -- in the u.k., welcome to "outside source." our main focus in the.k.'s antibodies. england has become the latest country to approve the use of a bloodest that can tell whether or not you have had the coronavirus. the test was developed by sw s drug country -- company and has already been approved for use in the united states. health x roots can you -- e perts can use the test to work out how ny peove been infected, but whether it means disease is still an open question. >> it's what millions of britons want to learn -- have they already had coronairus?no it is possible to findut for sure with a blood test. this can be done by hand at imperial college in londonedr in an autom process leatew highly accantibody test approved for use in the u.k.. if you get infected with starts to produce antibodies. these become part of the system's memory. again, they should attack it. but how much protection they will give an how long that immunity will last is unclear. >>om viruses, we know the protection can fade. it's possible to be infected
viewers joining us in the u.k. have -- in the u.k., welcome to "outside source." our main focus in the.k.'s antibodies. england has become the latest country to approve the use of a bloodest that can tell whether or not you have had the coronavirus. the test was developed by sw s drug country -- company and has already been approved for use in the united states. health x roots can you -- e perts can use the test to work out how ny peove been infected, but whether it means disease is...
11
11
tv
eye 11
favorite 0
quote 0
and the u.k. and the tragic ties that bind politicians in washington in london often speak of a special relationship between the 2 countries. is a common culture and history a shared language or denying to that relationship is one of shared sorrow as of today america and britain lead the world in the number of lives lost to the new coronavirus the u.k. has surpassed italy to claim the title of europe's deadliest country in this pandemic on both sides of the atlantic high were talladega has been reached in similar ways the governments of the u.k. and u.s. are accused of doing too little too late their leaders downplayed the outbreaks severity leaving medics unprotected and ill equipped at what is now the frontline in the most lethal pandemic in a century doctors say they should be doing more testing if only they had enough testing kits our 1st report takes us tonight to the u.k. during the government's donnelly coronavirus briefing britain's new deftones one official most difficult. and what he see
and the u.k. and the tragic ties that bind politicians in washington in london often speak of a special relationship between the 2 countries. is a common culture and history a shared language or denying to that relationship is one of shared sorrow as of today america and britain lead the world in the number of lives lost to the new coronavirus the u.k. has surpassed italy to claim the title of europe's deadliest country in this pandemic on both sides of the atlantic high were talladega has been...
54
54
May 9, 2020
05/20
by
KQED
tv
eye 54
favorite 0
quote 0
as the u.k. government decides whethe or not to ease lockdown measures, people in wales will be able to exercise outside more than once a day. from the lifting of one of the strictest lockdowns in europe, how the people of spain are coping with their daily commute. >> today is the first day i leave home and go to work. i am afraid. we do not know what will happen if we catch the virus. ♪ >> hello and welcome to audiences in the u.k. and around the world. we are covering the latest coronavirus development here in britain and globally. europe has been marking the 75th anniversarof the defeat of na zi germany in the second world war. events are scaled down because of the pandemic. the president expressed gratitude for the country's liberation for the nazis. a moment of silence was led by prince charles and his wife camilla in scotland. nicholas witchell reports. nicholas: in streets largely deserted due to the lockdown, britain remembered and gave thanks for the day when the second world war in eu
as the u.k. government decides whethe or not to ease lockdown measures, people in wales will be able to exercise outside more than once a day. from the lifting of one of the strictest lockdowns in europe, how the people of spain are coping with their daily commute. >> today is the first day i leave home and go to work. i am afraid. we do not know what will happen if we catch the virus. ♪ >> hello and welcome to audiences in the u.k. and around the world. we are covering the latest...
19
19
tv
eye 19
favorite 0
quote 0
the u.k. foreign minister said today and i'm quoting him here he said there are different ways of counting deaths we now publish data that includes all deaths in all settings and not all countries do that of course he was referring to italy there is he speaking the language of science in statistics or more the parlance of party politicians what do you think. one of the sad reflections about this in europe is it's been a bit of a competition we're doing better than you or your doing better than those oh we're not as bad as that guy over there which is a bit of a pity because the human beings at the end of this but having said that the testing strategy not the testing strategy that's been bad in the u.k. but the recording strategy in the u.k. is very good the office for national statistics to count this very meticulously and this data reason really quite accurate for deaths registered up till the 24th of april now is dominic rogers right there are different ways of accounting for deaths in diffe
the u.k. foreign minister said today and i'm quoting him here he said there are different ways of counting deaths we now publish data that includes all deaths in all settings and not all countries do that of course he was referring to italy there is he speaking the language of science in statistics or more the parlance of party politicians what do you think. one of the sad reflections about this in europe is it's been a bit of a competition we're doing better than you or your doing better than...
19
19
tv
eye 19
favorite 0
quote 0
airlines in the u.k. warned this could be the final nail in the coffin for an industry already struggling to survive through the crisis some say the effects will be far wider reaching. it will be devastating not just for the aviation sector but they will see . tens of thousands of redundancies coming through from the course of their lives in the u.k. but more devastating for manufacturing and tourism sectors the lawyer with aviation we've already seen 1000 redundancies rules royce last week we're likely to see more coming like that and we risk having this help you know it becoming a long voyage that. the government says it will review the new rule every 3 weeks after it comes into force and for more on this we're joined now by d.w. correspondent in london to figure out how how is this quarantine actually going to be set up and enforced. well everybody arriving to the u.k. has to give a residential address now that will probably make it very very difficult for business travelers but it has to be a resident
airlines in the u.k. warned this could be the final nail in the coffin for an industry already struggling to survive through the crisis some say the effects will be far wider reaching. it will be devastating not just for the aviation sector but they will see . tens of thousands of redundancies coming through from the course of their lives in the u.k. but more devastating for manufacturing and tourism sectors the lawyer with aviation we've already seen 1000 redundancies rules royce last week...
35
35
May 20, 2020
05/20
by
BLOOMBERG
tv
eye 35
favorite 0
quote 0
the u.k. negotiator accusing the eu of offering a low quality deal. david frost says it is unworthy of the fair trade agreement. michel barnier a says they want to keep the benefits of being a member state without the obligations. moderna shares tumbled after hitting an all-time high after a publication highlighted the preliminary nature of the data surrounding its potential coronavirus vaccine. new zealand's central bank governor is open to turning the cash rate negative, but only if it passes a number of tests. he says it has to be seen as necessary and effective. the reserve bank has turned to quantitative easing as its main tool. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. francine: thank you so much. fed chair it off with jay powell testifying before the senate banking committee. powell tried to stay neutral when drawn into the debate over stimulus. powell said stimulus
the u.k. negotiator accusing the eu of offering a low quality deal. david frost says it is unworthy of the fair trade agreement. michel barnier a says they want to keep the benefits of being a member state without the obligations. moderna shares tumbled after hitting an all-time high after a publication highlighted the preliminary nature of the data surrounding its potential coronavirus vaccine. new zealand's central bank governor is open to turning the cash rate negative, but only if it passes...
14
14
tv
eye 14
favorite 0
quote 0
might change in the u.k. yes so i mean the social distancing and the stay at home message pretty much still the same despite that change in logo what he's talked about is that social distancing fines will be increased that they will be working on allowing some people to go to the office if they have to and they can't stay at home and that in the future in july they would talk about reopening hospitality but at the moment people the most they can really do is exercise more than once a day but pretty much they have to stick to the same rules it's sunny not party time in the u.k. yet when boris johnson has been criticized for his handling of the pandemic across the u.k. what can you tell us about that yeah he has right from the beginning for being slow not taking it seriously photopia about shaking hands with people including those who had coronavirus missing crucial government meetings where he just didn't turn up and also being of course very slow to lock down the u.k. but as we know the rate the death rate in
might change in the u.k. yes so i mean the social distancing and the stay at home message pretty much still the same despite that change in logo what he's talked about is that social distancing fines will be increased that they will be working on allowing some people to go to the office if they have to and they can't stay at home and that in the future in july they would talk about reopening hospitality but at the moment people the most they can really do is exercise more than once a day but...
23
23
May 22, 2020
05/20
by
BLOOMBERG
tv
eye 23
favorite 0
quote 0
politics in the u.k. feel more normal. you have effective opposition and an effective opposition leader and the government failings are being exposed more. francine: what will boris johnson be judged on? is it trying to safeguard the economy? he has been getting a tough time as of late. if there were a vote in six or seven months, what would people want? rupert: we don't know because we are in this phase where public opinion seems to be overwhelmingly focused on how governments are dealing with the health crisis. in the u.k., the economic crisis has not hit home. you were talking about the furlough scheme. for a lot of people, the economy is stuck in suspended animation. they have not seen the full impact of the economic crisis. in the u.k., the government's rating overall has held up. there has been a rush of patriotic support the government during a crisis but that is starting to fail. it will be interesting to see whether we move on to focus on the economic side, which they seem to have done pretty well, or whether deal
politics in the u.k. feel more normal. you have effective opposition and an effective opposition leader and the government failings are being exposed more. francine: what will boris johnson be judged on? is it trying to safeguard the economy? he has been getting a tough time as of late. if there were a vote in six or seven months, what would people want? rupert: we don't know because we are in this phase where public opinion seems to be overwhelmingly focused on how governments are dealing with...
36
36
May 8, 2020
05/20
by
KQED
tv
eye 36
favorite 0
quote 0
seismic shocks in the u.k. as well. the bank of england warns the u.k. is headed for its worst economic downturn in history. black people in the u.k. are twice as likely to die from covid-19 as right people. we look at why. and these live images coming in from downing street where, as you can see, the pme minister is among thousands saying thanks to frontline workers battling covid-19. warm welcome to the program. across europe, some countries are beginning to take tentative steps out of lockdown. france will start reopening monday, gradually ringing two months of confinement to an end. the french -- bringing two months of confinement to an end. thfrench government has released this map of hospital admissions, a key part of the strategy. paris and surrounding areas still have infection rates that are too high. they are classified as a red zone and strict conditions will continue to apply there. the president calledor a progressive unwinding of the lockdown. >> in light of the data from our health services gathered in the last few days, the gradual lift o
seismic shocks in the u.k. as well. the bank of england warns the u.k. is headed for its worst economic downturn in history. black people in the u.k. are twice as likely to die from covid-19 as right people. we look at why. and these live images coming in from downing street where, as you can see, the pme minister is among thousands saying thanks to frontline workers battling covid-19. warm welcome to the program. across europe, some countries are beginning to take tentative steps out of...
12
12
tv
eye 12
favorite 0
quote 0
well everybody who is arriving into the u.k. even u.k. citizens they have to give a residential address this will obviously be very very tricky for business travelers who has to be a residential address and then this address address will be passed on to public health officials who will be able to do spot checks they will be able to just turn up and see if people are indeed at home and if they're not then there are fines up to a 1000 pounds or so really quite a hefty punishment for people that are not adhering to the strict new rules hefty fine indeed but how damaging is this actually going to be to the qana me in general barrett. well we've had business groups they have been very very critical when this news came about they said it would be isolationists is one manufacturing group has sad and they say it's pretty much the end of any business travel however the public at large are usually quite a bit cautious they feel very positive about the government lockdown really also fearing an easing up of the locked and so i could imagine that the
well everybody who is arriving into the u.k. even u.k. citizens they have to give a residential address this will obviously be very very tricky for business travelers who has to be a residential address and then this address address will be passed on to public health officials who will be able to do spot checks they will be able to just turn up and see if people are indeed at home and if they're not then there are fines up to a 1000 pounds or so really quite a hefty punishment for people that...
43
43
May 29, 2020
05/20
by
KQED
tv
eye 43
favorite 0
quote 0
welcome to our viewers in the u.k. boris johnson has announced that from monday, people in the u.k. will be allowed to meet outdoors in groups of up to six people as long as separate households remain two meters apart from each other. the prime minister said 377 people have died after testing positive for coronavirus in all u.k. settings in the past days. the overall u.k. death toll from the virus has risen to 37,837. boris johnson said restrictions could be lifted further because of a sustained fall in the death rate. >> i cannot will not throw away all the gains we have made together. so, the changes we are making are limited and cautious. it's thanks to the caution we have shown so far that all five tests are being met. host: one of the tests is keeping the rate of infection down. this is what is referred to as the r number. here is our medical correspondent to explain. >> r is the infection rate, and the number of people on average that an infected person passes covid two. you have to have that below one to have a shrinking epidemic. it is currently between .7-point nine, close
welcome to our viewers in the u.k. boris johnson has announced that from monday, people in the u.k. will be allowed to meet outdoors in groups of up to six people as long as separate households remain two meters apart from each other. the prime minister said 377 people have died after testing positive for coronavirus in all u.k. settings in the past days. the overall u.k. death toll from the virus has risen to 37,837. boris johnson said restrictions could be lifted further because of a...
17
17
tv
eye 17
favorite 0
quote 0
this is g w news berlin a dark day for the u.k. britain now has europe's highest death toll from the corona virus more than 32000 people have died in the u.k. that is more than in italy the british government says it's too soon to pass judgment scientists say it is clear testing began to link also coming up the mixed pandemic picture in india the country is ramping up its coronavirus testing and reporting the biggest jump in confirmed cases so far at the same time on walk across the country are being lifted and crunch talks to help germany's struggling car industry sales are going nowhere fast and the big names they're asking the government for big face. off it's good to have you with us we start on what is a dark day in the u.k. the death toll from the coronavirus pandemic today hit the 32000 mark that is the highest number in europe and 2nd only to the united states globally while doctors say a lack of testing is still hurting the country a trial of a mobile phone app has just begun enough shorty's hope that will help contain the
this is g w news berlin a dark day for the u.k. britain now has europe's highest death toll from the corona virus more than 32000 people have died in the u.k. that is more than in italy the british government says it's too soon to pass judgment scientists say it is clear testing began to link also coming up the mixed pandemic picture in india the country is ramping up its coronavirus testing and reporting the biggest jump in confirmed cases so far at the same time on walk across the country are...
31
31
May 14, 2020
05/20
by
LINKTV
tv
eye 31
favorite 0
quote 0
for example, analysis from the u.k. office of national statistics reveals black people in the u.k. are four times as likely to die from the disease as white people. we have this reportrt n from london. >> this doctor has had enough, which is whyhy she came t to dog street t to protest. even though she is six months pregnant, she had to fight for protective gear in the hospital because therere just wasn't enoughgh. >> i'm here todayor all the doctors, nurses, and health care workers who lost their lives tragically and senselessly to covid. >> more than 200 health-care workers have died in britain so far, two thirds of them were ethnic minorities. here in the united kingdom, data has shown the virus does indeed discriminate, even though everyone has access to free health care. experts are unsure about the reasons, but say they vary from overcrowded housing to print -- pre-existing medical conditions. what is clear is that covid-19 reveals long-standing existing inequalities in british society. which rings true in this multiethnic neighborhood of brixton, one of the covid hotspots in
for example, analysis from the u.k. office of national statistics reveals black people in the u.k. are four times as likely to die from the disease as white people. we have this reportrt n from london. >> this doctor has had enough, which is whyhy she came t to dog street t to protest. even though she is six months pregnant, she had to fight for protective gear in the hospital because therere just wasn't enoughgh. >> i'm here todayor all the doctors, nurses, and health care workers...
23
23
tv
eye 23
favorite 0
quote 0
and the u.k. are experiencing that worst defeat for years so do those looking to create a world free from the ideology of neo liberalism need a new model of resistance and organization joining me now via skype from new york is jacobin founding editor and tribune publisher bus because of cholera whose new book the socialist manifesto the case for radical politics in an era of extreme inequality is out now basco welcome to going underground so tell me about this socialist manifesto book as it's come out and it's out now just as the dull compulsion of economic relations as you quote for marks in the book seems to have ended as government intervene overcovered 19 well yes i think we're seeing a return of the state or one of the things that i try to express in the book is that even without state policies might change at certain point so might be more laissez faire it might be more stay. interventionist and other points fundamentally the system is still based on a division between those who work and who
and the u.k. are experiencing that worst defeat for years so do those looking to create a world free from the ideology of neo liberalism need a new model of resistance and organization joining me now via skype from new york is jacobin founding editor and tribune publisher bus because of cholera whose new book the socialist manifesto the case for radical politics in an era of extreme inequality is out now basco welcome to going underground so tell me about this socialist manifesto book as it's...
15
15
May 1, 2020
05/20
by
CSPAN
tv
eye 15
favorite 0
quote 0
genuinely think, i look back by the u.k. has done and way, when we put into lockdown, it was earlier in the epidemic in france, italy and spain, i think that we took the right , andres at the right time do not forget that people are talking about the difficulties of lockdown and various questions about until health and suicide. it is a demanding thing to ask a population. right to makeely theperiod of lockdown with peak of the epidemic. it has passed. i think broadly speaking, we are learning lessons every day, but i think broadly speaking, we did the right thing at the right time. since he make international comparisons, let me remind you that the time that we had to take those difficult decisions, we were looking at a situation where it seemed all too plausible that people would not get ventilated beds. it seemed possible that people would not have access to intensive care, as we were seeing happening in other cases around the world. this country did come together to protect the nhs, to enforce and obey the social distanci
genuinely think, i look back by the u.k. has done and way, when we put into lockdown, it was earlier in the epidemic in france, italy and spain, i think that we took the right , andres at the right time do not forget that people are talking about the difficulties of lockdown and various questions about until health and suicide. it is a demanding thing to ask a population. right to makeely theperiod of lockdown with peak of the epidemic. it has passed. i think broadly speaking, we are learning...
37
37
May 1, 2020
05/20
by
KQED
tv
eye 37
favorite 0
quote 0
a dlt day for the u.k. in terms of figures, but the prime minister saying potentially the u.k. is past the peak. >> this is his first press conference since he was in hospital in intensive care forth e days. he was flanked medical and scientific advisors. he wanted to , hdec wre g omw passed the speak oodf thee infection. the u.k. is seeing light at the ten to crash into another mountain. although, he has given some good news, he dampens the prospecof an earlyxit from the lockdown. he is promising a comprehensive plan now. probably not with a very distinct timescale for each measure, but he will be trying to say how the economy can reopen, c how schoo reopen, and how places can become safer and have social distancing. tha's all for next week. today, some good news about the virus, but also some clues a to what might be necessary when the lockdown is modified. he was talking, for example, about potentially the use of face masks not jusfor medical but to give people some confidence when they go bacrek , work tvi their working nment. the health secretary was flanked by medical and
a dlt day for the u.k. in terms of figures, but the prime minister saying potentially the u.k. is past the peak. >> this is his first press conference since he was in hospital in intensive care forth e days. he was flanked medical and scientific advisors. he wanted to , hdec wre g omw passed the speak oodf thee infection. the u.k. is seeing light at the ten to crash into another mountain. although, he has given some good news, he dampens the prospecof an earlyxit from the lockdown. he is...
11
11
tv
eye 11
favorite 0
quote 0
exactly what the u.k. has here. well experts say and they have been saying that for a while that the government has reacted slow and ha ha did that the lockdown for example came way too late in the process when the virus had already spread across the country especially in london the hot spot of the pandemic and that is one of the reasons of course why the death toll is so high here but the other one too while the u.k. was at the height of the pandemic boris johnson the prime minister. went even into intensive can of the virus himself there was a clear lack of leadership at that point and nobody really stepping out no political progress being made on testing and in protective gear for example so it felt like the perfect storm at times but the british don't seem to cry just yet because today new polls showed that the trust in government has not been higher than today in a long time and you know when you look at the situation from. people with. the prime minister. with jean you would think that the government would be
exactly what the u.k. has here. well experts say and they have been saying that for a while that the government has reacted slow and ha ha did that the lockdown for example came way too late in the process when the virus had already spread across the country especially in london the hot spot of the pandemic and that is one of the reasons of course why the death toll is so high here but the other one too while the u.k. was at the height of the pandemic boris johnson the prime minister. went even...
33
33
May 7, 2020
05/20
by
KQED
tv
eye 33
favorite 0
quote 0
if like me you are in the u.k. or in the u.s., we are a long way down the citizens people want to accept in. we will see a slow unlocking. there is, is is only justti st now. what we don't know is if there will be another flareup of the virus which will inducenoer lockdown. were seeing the roots and possibilities of travel returning to normal at the moment. ros: i want to update you on the lockdown in spain. it is going to continue for two more weeks after parliament voted to eend the state of emergency. this is what we hea earlier. >> the decision to come to parliament for yet another extension of the state of emergency is based on science and those who vote against it, and the extension, are basing themselves on the worst possible politics, partisan politics. ros: different calculations being made. we are watching all different countries but everyone is working germany closely, r how it has managed to keep its lfataliti and how its infection rates react to the easing orestrictions. kasia: a lot of interest. weryb
if like me you are in the u.k. or in the u.s., we are a long way down the citizens people want to accept in. we will see a slow unlocking. there is, is is only justti st now. what we don't know is if there will be another flareup of the virus which will inducenoer lockdown. were seeing the roots and possibilities of travel returning to normal at the moment. ros: i want to update you on the lockdown in spain. it is going to continue for two more weeks after parliament voted to eend the state of...
15
15
tv
eye 15
favorite 0
quote 0
in fact the u.k. now has the 2nd highest number in the whole well behind the united states but even so there are many people particularly in his own party on the right to his saying it is time to ease those restrictions but out on the streets of london today most people seemed very keen to keep those restrictions in place i think you should just be. a little bit more strict and just you know until there's a little bit more security and a bit more safe stuff and we should just ask him which is you know maybe ease looked down by just not a moment i don't think people are listening too much to we know more how can we risk it i mean they're plenty that will send people up to my needs that means a lot to people i think that certain things which you know it's caylee less likely to catch it i do is that men do is. you know you're not going to capture just passing someone casually have to be in some amount of contact with them so i think if they caught a lot of things but again we have to be. and alex what ab
in fact the u.k. now has the 2nd highest number in the whole well behind the united states but even so there are many people particularly in his own party on the right to his saying it is time to ease those restrictions but out on the streets of london today most people seemed very keen to keep those restrictions in place i think you should just be. a little bit more strict and just you know until there's a little bit more security and a bit more safe stuff and we should just ask him which is...
11
11
tv
eye 11
favorite 0
quote 0
is the largest employer of minority people in the u.k. our if we look at the figures it's not necessarily surprising to see that we are overrepresented in the figures we've got in fights and it's it's in the report we just saw we heard about proposals to get minorities out of frontline jobs that are highly dangerous in this pandemic but is that even possible. i think it's expected to be really i think it's one thing for the government see why densify and knowledge that there is a disparity in the deaths due to coat it but the suggestion that you can shield frontline was because he was from some backgrounds from what. is is isn't really feasible and the reality is that much of the while that is done in the n.h.s. is done by minority ethnic employees and there is a long history of minority ethnic employees and the n.h.s. so to remove them from frontline would not be practical for how consistent the social care system in any deed is not financially present at the beginning of the program i said that this new coronavirus is not an equal oppor
is the largest employer of minority people in the u.k. our if we look at the figures it's not necessarily surprising to see that we are overrepresented in the figures we've got in fights and it's it's in the report we just saw we heard about proposals to get minorities out of frontline jobs that are highly dangerous in this pandemic but is that even possible. i think it's expected to be really i think it's one thing for the government see why densify and knowledge that there is a disparity in...
31
31
May 15, 2020
05/20
by
BLOOMBERG
tv
eye 31
favorite 0
quote 0
alongside investment grade in the u.k., we like u.k. investment and u.k. mid-cap plays. anna: thank you for your thoughts this morning, alan higgins. he will be continuing his conversation with bloomberg on bloomberg radio at 9:00. you can find matt there. africa maybe ground zero for airline bankruptcies. next, we speak with the ceo of africa's biggest airline, ethiopia airlines. conversationhe around the broader aviation questions. this is bloomberg. ♪ bloomberg. ♪ staying connected your way is easier than ever. you're just a tap away from personalized support on xfinity.com. get faster internet speeds with a click. order xfi pods to your home in a snap. or change your xfinity services with just a touch. all in one place. you're only seconds away from all of that on xfinity.com. faster than a call. easy as a tap. now that's simple, easy, awesome. anna: welcome back to the european market open. the session got open to a flying start. we are off our highs, but still up by 1.2% on the stoxx 600 this morning. sectorsgot all of the in europe in positive territory. trave
alongside investment grade in the u.k., we like u.k. investment and u.k. mid-cap plays. anna: thank you for your thoughts this morning, alan higgins. he will be continuing his conversation with bloomberg on bloomberg radio at 9:00. you can find matt there. africa maybe ground zero for airline bankruptcies. next, we speak with the ceo of africa's biggest airline, ethiopia airlines. conversationhe around the broader aviation questions. this is bloomberg. ♪ bloomberg. ♪ staying connected your...
33
33
May 11, 2020
05/20
by
BLOOMBERG
tv
eye 33
favorite 0
quote 0
for u.k. airlines. it does seem as if the government's announcement over the last 24 hours is going to have a significant impact on any reopening of u.k. airlines. does this effectively end the prospect of a summer recovery for those carriers? robert: hi. it is absolutely a blow. i think as we are starting to see other parts of the economy open up, we are seeing restrictions affect the u.k. airlines. many think we are now more uncertain about where we are going in the future. i think as long as there is a quarantine in place, there cannot be a restart to aviation in july. now our priority is to get more detail on what this means, how quickly we can move away from quarantine and start to get on again. guy: do you think this is the death knell for the summer? summer is the most important period for carriers as they fly people on their holiday. obviously, business travel remains under considerable pressure, but the summer period, especially for low-cost carriers, absolutely critical. a length con
for u.k. airlines. it does seem as if the government's announcement over the last 24 hours is going to have a significant impact on any reopening of u.k. airlines. does this effectively end the prospect of a summer recovery for those carriers? robert: hi. it is absolutely a blow. i think as we are starting to see other parts of the economy open up, we are seeing restrictions affect the u.k. airlines. many think we are now more uncertain about where we are going in the future. i think as long as...
18
18
tv
eye 18
favorite 0
quote 0
for the u.k. thank you. here are some of the other stories now that are making headlines around the world the donald trump has denied any involvement by the u.s. government in what venezuelan officials have called a failed armed incursion in the south american country venezuelan authorities arrested 2 american citizens among the group of alleged mercenaries they claim the group wanted to overthrow president nicolas maduro. the u.n. says overcrowded in unhygenic prisons in latin america or a major concern during the coronavirus pandemic one official said some jails have up to 5 times as many inmates as they were designed to hope fear of infection has triggered wired in prisons in several countries a leading philippine t.v. station that has reported critically on president. has been forced off the air the networks and license expired after hearings on the renewal application were delayed and a temporary license was denied government officials deny that the closure had anything to do with limiting press freedom
for the u.k. thank you. here are some of the other stories now that are making headlines around the world the donald trump has denied any involvement by the u.s. government in what venezuelan officials have called a failed armed incursion in the south american country venezuelan authorities arrested 2 american citizens among the group of alleged mercenaries they claim the group wanted to overthrow president nicolas maduro. the u.n. says overcrowded in unhygenic prisons in latin america or a...
33
33
May 13, 2020
05/20
by
BLOOMBERG
tv
eye 33
favorite 0
quote 0
for the u.k. and the bank of england, we would expect them to prefer to expand qe in terms of easing policy further. that looks possible over the coming months. moving to negative rates, there computations for what it means, and policymakers have to think about what signal that is sending, what is the problem they are trying to address here. if it is trying to make sure banks lend as much as possible, there are alternative ways of achieving that, rather than saying negative rates. then they have in mind the thatended consequences banks may intentionally lend less if they are facing costs of negative rates. matt: unintended consequences for the whole economy, i think it is interesting how much the president wants to see this. we have a function on the bloomberg. trump's all of donald tweets on twitter. "as long as tweeted other countries are receiving the benefits of negative rates, the usa should accept the gift, big numbers." what do you think are the benefits of negative rates? do you think the
for the u.k. and the bank of england, we would expect them to prefer to expand qe in terms of easing policy further. that looks possible over the coming months. moving to negative rates, there computations for what it means, and policymakers have to think about what signal that is sending, what is the problem they are trying to address here. if it is trying to make sure banks lend as much as possible, there are alternative ways of achieving that, rather than saying negative rates. then they...
10
10.0
tv
eye 10
favorite 0
quote 0
poorer cities and poor regions in the u.k. and across europe and the corner was this really highlighting you case starkly white moment the look of health care and threats of the social safety nets to call it if you will outreach you see the british government attacked the un special rapporteur when he was saying things like you are saying there about the political decisions that were made after $28.00 as regards austerity and do you think that a media here run by oligarchs can hide some of this from the general public or at least from the policy makers and decision makers so we don't fully understand the world the way you see it well in he has a very important role to play here and sing about not spending now trillions of europe's pounds and dollars where should the money come from and i sing the ben b. is indeed austerity but austerity it all group is talking we have to revise or commies we have to help to corrupt parts of society him and. maybe facing even the class warfare in u.k. europe and america in america i guess europ
poorer cities and poor regions in the u.k. and across europe and the corner was this really highlighting you case starkly white moment the look of health care and threats of the social safety nets to call it if you will outreach you see the british government attacked the un special rapporteur when he was saying things like you are saying there about the political decisions that were made after $28.00 as regards austerity and do you think that a media here run by oligarchs can hide some of this...
16
16
tv
eye 16
favorite 0
quote 0
and u.k. push forward now with trade talks seeking to bounce back from the pandemic we'll discuss this with our panel and then n.b.c. news chief andrew blacked out the media company calling it a corporate restructuring and a full report of closer look at what that reported phrase really mean and lacks personal attacks whose theory that works then a new report finds disgraced financier jeffrey epstein we quitted harvard and even had his own office after his 2008 secs from conviction we'll discuss that it's time to boost your news i.q. . president trump has long made trade a major stumping point of his administration and according to u.s. trade representative's office american trade to the u.k. was at a surplus of about 5 and a half $1000000000.00 and today both countries are heading back to the negotiating table to hammer out what a new trade pact would look like in a post world coming just at the end of this year so for more on all of this we are being joined by our panel george galloway forme
and u.k. push forward now with trade talks seeking to bounce back from the pandemic we'll discuss this with our panel and then n.b.c. news chief andrew blacked out the media company calling it a corporate restructuring and a full report of closer look at what that reported phrase really mean and lacks personal attacks whose theory that works then a new report finds disgraced financier jeffrey epstein we quitted harvard and even had his own office after his 2008 secs from conviction we'll...
17
17
tv
eye 17
favorite 0
quote 0
psychologists in the u.k. who are trying to help don't always creating a number of cartoons to help families manage the additional showing of loctite to do with their us all it. is a struggle. and that's not a surprise really when you think. members of the support group for people suffering from depression are by paul are normally me tom bone die beach but social distancing rules have forced them on life to sharing there are stories myself feel alive you know that it actually puts of the spectacle in your eye life and i think perspective is really important. certainly these times now and it's a fresh outlook that international body see is not vital to ensure it's horrific 19 doesn't leave millions more struggling with mental health problems. and for more now i'm joined by dr phil she is director of the world health organization's mental health and substance abuse division dr it's good to have you on the program let's talk about this corona virus 1st it attacks our physical health 2nd it hits our mental well be
psychologists in the u.k. who are trying to help don't always creating a number of cartoons to help families manage the additional showing of loctite to do with their us all it. is a struggle. and that's not a surprise really when you think. members of the support group for people suffering from depression are by paul are normally me tom bone die beach but social distancing rules have forced them on life to sharing there are stories myself feel alive you know that it actually puts of the...
11
11
tv
eye 11
favorite 0
quote 0
britain will leave without a deal but hope possible motivation for the u.k. government david frost shaft the lead negotiator have for not attempting to come to an agreement what would be the political motivation for for such a stance it may well if you have i think a case we can wrap up the economic damage of no deal breaks it by blaming it on the fallout from the candidate crisis so 'd people somehow will not notice because it will be so bad anyway that is totally irresponsible calculating manipulative. if that is what the game is and it will be it's behavior that we've seen for the 1st time we're now you're all part of the labor party have been pretty quiet about the issue. of an extension in the house of commons do you think that the new leaders of kill starmer just bought some clever and waiting is time or do you think the labor party i'm genuinely ambiguous about whether there should be an extension or not well i it that's a very good question. and yes the labor party is a very broad church and there will be different points of view but there's just elec
britain will leave without a deal but hope possible motivation for the u.k. government david frost shaft the lead negotiator have for not attempting to come to an agreement what would be the political motivation for for such a stance it may well if you have i think a case we can wrap up the economic damage of no deal breaks it by blaming it on the fallout from the candidate crisis so 'd people somehow will not notice because it will be so bad anyway that is totally irresponsible calculating...
14
14
tv
eye 14
favorite 0
quote 0
well the u.k. has the most the most deaths in europe with more than 30000 fatalities some experts are forecasting a 14 percent drop in the nation's g.d.p. in 2020 the worse in 300 years meanwhile the food and drug administration u.s. biotech firm a durned has now now has a green light to move on to phase 2 trials for the coated $1000.00 vaccine which shares jumped on the news the stock is up 150 percent year to date this comes as some scientists discovered slight mutations in some strains of the virus it remains unconfirmed whether these mutations will lead to an increase in contagiousness $1000.00 still taking its toll on the global economy as unemployment and business failures continue to pile up for more numbers and formation on the coronavirus be sure to check our portable dot t.v. up and look for the section at trucking coronavirus. jobless claims still on the rise as we just mentioned new numbers released thursday showed 3.2 more 1000000 americans filed for unemployment in the last week of ap
well the u.k. has the most the most deaths in europe with more than 30000 fatalities some experts are forecasting a 14 percent drop in the nation's g.d.p. in 2020 the worse in 300 years meanwhile the food and drug administration u.s. biotech firm a durned has now now has a green light to move on to phase 2 trials for the coated $1000.00 vaccine which shares jumped on the news the stock is up 150 percent year to date this comes as some scientists discovered slight mutations in some strains of...
10
10.0
tv
eye 10
favorite 0
quote 0
it's revealed the u.k. government rejected a plan by public health officials to lock down care homes and protects the most vulnerable residents. protests in the us city of minneapolis descend into violence for the 3rd night running following the death of a black man in police custody meanwhile president trump is accused of inflaming tensions. and the family of crash victim harry done is to bring a private prosecution against the u.k. foreign secretary for allowing his alleged killer to escape justice. welcome to our team u.k. the chancellor has announced employers will start paying towards the cost of the job retention furlough scheme for ghost with firms expected to pay 20 percent by october but the government is also wish to increase sick pay amid fears the test in-tray system could force those told to isolate into financial trouble well actually u.k. shut it every step he joins me now with the latest on this are there sharia so then look at what changes the chancellor announced so essentially the chance
it's revealed the u.k. government rejected a plan by public health officials to lock down care homes and protects the most vulnerable residents. protests in the us city of minneapolis descend into violence for the 3rd night running following the death of a black man in police custody meanwhile president trump is accused of inflaming tensions. and the family of crash victim harry done is to bring a private prosecution against the u.k. foreign secretary for allowing his alleged killer to escape...
33
33
May 16, 2020
05/20
by
KQED
tv
eye 33
favorite 0
quote 0
david: the u.k. government says restrictions may be relaxed at different rates, but that could be difficult to manage if some people are free to move around and others are still in lockdown. david shukman, bbc ns. anchor: more worrying economic ne out of the u.s.. retail sales slumped more than 16% in april, their biggest ever fall. manufacturing output suffered a record drop as states across the u.s. imposed lockdowns. all of this at the back of thursday's figures showing 36 million americans have applied for unemployment benefits in the space of just two m let's get more fr our business correspondent, michelle fleury. michelle: further confirmation of the economic damage we have seenna from the corus to the world's biggest economy. you have millions americans stuck at he. massive drop in reales.e a the biggest area we saw this dr was in clothing. if you look at the retail sector, there havanbeen many cos struggling even before the pandemic. th an we hav seen bankruptcies,. crew one of them, neiman
david: the u.k. government says restrictions may be relaxed at different rates, but that could be difficult to manage if some people are free to move around and others are still in lockdown. david shukman, bbc ns. anchor: more worrying economic ne out of the u.s.. retail sales slumped more than 16% in april, their biggest ever fall. manufacturing output suffered a record drop as states across the u.s. imposed lockdowns. all of this at the back of thursday's figures showing 36 million americans...
10
10.0
tv
eye 10
favorite 0
quote 0
u.k. . the health secretary defends the government's decision to ease the u.k. lock down as it's revealed that covert 19 transmissions is increasing. police across england prepared to disperse anti lock down protests shed to offer this weekend out of the prime prosecution service rules that all charges under the coronavirus act are unlawful. and n.h.s. breakdown reveals over a quarter of virus patient deaths in england also suffer from diabetes as the prime minister calls for more proactive campaign to tackle obesity we have the reaction of a cardiologist. the home office says it will not treat british and irish citizens in northern ireland as e.u. citizens after a landmark case we hear from the woman behind the legal action. on charges reported increase in elderly people struggling to put food on the table during the lockdown with food banks saying there's been a tripling into the. welcome to r.t. u.k. the health secretary matt hancock has defended the government's decision to ease lockdo
u.k. . the health secretary defends the government's decision to ease the u.k. lock down as it's revealed that covert 19 transmissions is increasing. police across england prepared to disperse anti lock down protests shed to offer this weekend out of the prime prosecution service rules that all charges under the coronavirus act are unlawful. and n.h.s. breakdown reveals over a quarter of virus patient deaths in england also suffer from diabetes as the prime minister calls for more proactive...
11
11
tv
eye 11
favorite 0
quote 0
the u.k. always like independence even as a u.k. citizen a operating the nuclear weapons as a as a waste of money which generally get rid of them bomb gating them and not course as it's a waste of money and in a safe consider the sums involved consider the needs of the real human security needs all of the public a are the moment and can send up with some spent on you could weapons it's it's a recent money about what would you spending us as you know the argument on defense would leave the u.k. more vulnerable to future threats because other people are still spending on head to fence and they know it a day and it wouldn't actually am if you look at a they had the defense that the city supports a government that its community kingdom was in 2015 there was a there was a doctor published by the ministry of defense and it listed for threats on the force one which terrorism and relates it as and then the 2nd one which supported that answer is sergeant powers are supposedly the russians and chinese and there were there were 2 others leslie
the u.k. always like independence even as a u.k. citizen a operating the nuclear weapons as a as a waste of money which generally get rid of them bomb gating them and not course as it's a waste of money and in a safe consider the sums involved consider the needs of the real human security needs all of the public a are the moment and can send up with some spent on you could weapons it's it's a recent money about what would you spending us as you know the argument on defense would leave the u.k....
9
9.0
tv
eye 9
favorite 0
quote 0
work has in the u.k. that's 400 pounds but it's juta rise to above 620 pounds but there have been calls from 2 tory m.p.'s from roger gale and william rod who have said that those e.u. workers who are working in social care or in frontline n.h.s. positions should be exempt from paying that charge to use the n.h.s. because they are. in their words heroes who are helping save many lives in the country while the government have doubled down and said that they will continue to impose that charge no idea whether they will have an exemption for n.h.s. workers but it does come as a court has ruled that health care and social care workers who can prove that they can't afford to pay that n.h.s. charge will be exempted from it so this is been deemed a massive victory for those who are from outside the european union. thank you very much indeed for that update spokesperson for the world health organization dr margaret harris emphasized just how important an effective track can trace strategy is in combating the viru
work has in the u.k. that's 400 pounds but it's juta rise to above 620 pounds but there have been calls from 2 tory m.p.'s from roger gale and william rod who have said that those e.u. workers who are working in social care or in frontline n.h.s. positions should be exempt from paying that charge to use the n.h.s. because they are. in their words heroes who are helping save many lives in the country while the government have doubled down and said that they will continue to impose that charge no...
14
14
tv
eye 14
favorite 0
quote 0
u.k. . we can announce that we have met. the number of tests yesterday. on the last day of april was a 122340 something u.k. health secretary matt hangup announces the government has met its daily coronavirus testing target the government and says the country has passed the peak i'll be talking to a statistic sexpert. a 3rd of u.k. patients admitted to hospital with coronavirus could die from the disease with chronic health conditions like obesity playing key roles. the survey finds half of health service workers are struggling to cope with the pressure of fighting the virus that says experts caution against putting too much strain on the frontline staff by calling them. some days we go to work we don't feel like here we do so which is it it doesn't feel like you know we're just going to be through us it's not about getting it and the legal condition. coronavirus exposes the divide between rich and poor with deprived communities hardest hit that says food banks see a surge in demand i'll b
u.k. . we can announce that we have met. the number of tests yesterday. on the last day of april was a 122340 something u.k. health secretary matt hangup announces the government has met its daily coronavirus testing target the government and says the country has passed the peak i'll be talking to a statistic sexpert. a 3rd of u.k. patients admitted to hospital with coronavirus could die from the disease with chronic health conditions like obesity playing key roles. the survey finds half of...
26
26
May 5, 2020
05/20
by
ALJAZ
tv
eye 26
favorite 0
quote 0
the u.k. death toll from crown of ours is now the highest in europe that's according to newly released data from the office for national statistics and it shows that the number of fatalities reached 38002 weeks ago for more on that we're joined by i think he now comes at us she's a researcher in long time caste systems at the london school of economics joins us on skype from country in the u.k. thanks for joining us you've been following the numbers in the u.k. very closely to what degree do you think we can take them at face value. i think that these figures are giving as a with a view of the scale of the if we are still of a concerned whether wayward correctly getting numbers on the people who die of coroner vytas order in relation to crown of light as in cat homes so it we're still trying to look at david mark at 18 and a date but we know that the numbers that he were jim know that this has been a huge problem so what would give us a better guide as to the actual numbers and with the actual
the u.k. death toll from crown of ours is now the highest in europe that's according to newly released data from the office for national statistics and it shows that the number of fatalities reached 38002 weeks ago for more on that we're joined by i think he now comes at us she's a researcher in long time caste systems at the london school of economics joins us on skype from country in the u.k. thanks for joining us you've been following the numbers in the u.k. very closely to what degree do...
35
35
May 21, 2020
05/20
by
BLOOMBERG
tv
eye 35
favorite 0
quote 1
the u.k. leisure business issuing equity this morning. they are asking existing shareholders to give them a little bit more money. this is really the son of a trend. we are seeing u.k. companies and others across to dip into their pockets. they haven't always got a positive story to tell. this is a very challenged after. anybody who works in pubs and coffee and hotels, this is going to be any difficult straits. >> i think certainly the conditions we are seeing right now is that companies are taking advantage of these alter accommodative conditions. the appetite is therefore buyers to try to want to take hold of these companies. i think that is something we are going to see going forward. corporate debt levels continue to increase. in an environment where we won't have to see financial conditions tight, what the impact will be over the medium term for these economies. certainly, these conditions do warrant the type of action we are seeing because the demand is there. right, thanks very much for
the u.k. leisure business issuing equity this morning. they are asking existing shareholders to give them a little bit more money. this is really the son of a trend. we are seeing u.k. companies and others across to dip into their pockets. they haven't always got a positive story to tell. this is a very challenged after. anybody who works in pubs and coffee and hotels, this is going to be any difficult straits. >> i think certainly the conditions we are seeing right now is that companies...
17
17
May 5, 2020
05/20
by
ALJAZ
tv
eye 17
favorite 0
quote 0
mary suffers from dementia her family brought her here from the u.k. almost 3 years ago worried about the gas. you know we have to give keys to all the neighbors in case she got locked out of the house which happened a few times that shake yeah yeah she got lucky she changed her would she go out in the evenings with you know in a 90 a couple times and you know luckily the neighbors found her border back into the house. if you got her son michael and daughter in law emily looked at care homes in the u.k. we did take it to a cab home and sorry to have a look at is an extremely nice high end facility but it was a facility. it was like a hospital ward the rooms were very nice but there were small and there was a whole hospital beds. a hospital signs up the exit signs you know you have a feeling the smell of of detergent. and a couple of gas sauce to sit if you could help them leave. they feared me or you wouldn't survive in such a scale environment then they heard about a kid resort in thailand. what was mary's reaction when you brought up the fact that pe
mary suffers from dementia her family brought her here from the u.k. almost 3 years ago worried about the gas. you know we have to give keys to all the neighbors in case she got locked out of the house which happened a few times that shake yeah yeah she got lucky she changed her would she go out in the evenings with you know in a 90 a couple times and you know luckily the neighbors found her border back into the house. if you got her son michael and daughter in law emily looked at care homes in...
11
11
tv
eye 11
favorite 0
quote 0
the u.k. sets a mandatory 14 day quarantine for all international arrivals just as other countries are using their travel restrictions also coming up in the program. anger in chile over the economic fallout of the pandemic desperate families forced to find a new way to make ends meet. and out in the sunshine celebrating the easing of the last of the berliners are enjoying their new freedoms. welcome to the program i'm arun stilton the u.k. has announced a mandatory 2 we quarantine for anyone traveling to britain the number of new growth of buyers cases there is falling but the government is worried about a 2nd wave of infections as travel restrictions are eased in other countries the move has angered many in the aviation and tourism sectors. from june and 8 people arriving in the u.k. by train ferry old plane will have to self isolate for 14 days that also have to give details of with i'll be staying and can expect a visit from all far as he's who'll be doing spot checks. 81 court flouting the
the u.k. sets a mandatory 14 day quarantine for all international arrivals just as other countries are using their travel restrictions also coming up in the program. anger in chile over the economic fallout of the pandemic desperate families forced to find a new way to make ends meet. and out in the sunshine celebrating the easing of the last of the berliners are enjoying their new freedoms. welcome to the program i'm arun stilton the u.k. has announced a mandatory 2 we quarantine for anyone...
23
23
May 6, 2020
05/20
by
BLOOMBERG
tv
eye 23
favorite 0
quote 0
i don't understand how the u.k. and the united states c start trade negotiations when the u.k. doesn't know what the nature of its relationship with the eu is going to look like going forward. presumably, the nature of that relationship is going to be pivotal to the kind of relationship that the u.k. can ultimately have with the united states. the chance to for come on and talk about it. it's a good question. it's one we have been talking to our american colleagues about, something we've called the trade and investment working group -- trade investment working group. we believe we can do both together. there are things that are not contingent on our future relationship with the eu, including our future tariff toime, our own approach regulation around some of the key things our american colleagues want to talk about. we believe we can complete the process of leaving the eu. brexit happened on january 31. now we are engaged in negotiation about the future of the arrangement. alongside that, we can move past our futuren relationship with our u.s. colleagues. guy: obviously, we are
i don't understand how the u.k. and the united states c start trade negotiations when the u.k. doesn't know what the nature of its relationship with the eu is going to look like going forward. presumably, the nature of that relationship is going to be pivotal to the kind of relationship that the u.k. can ultimately have with the united states. the chance to for come on and talk about it. it's a good question. it's one we have been talking to our american colleagues about, something we've called...
24
24
May 20, 2020
05/20
by
BLOOMBERG
tv
eye 24
favorite 0
quote 0
andrew bailey testifies today as the u.k. chancellor sees a recession unprecedented in scale. 6:00 a.m. in london, 9:00 a.m. in dubai. the global debate on negative rates. rbnz thatt was the shifted the dial in terms of monetary policy. -- only thing i learned is steven major comes and gives me one phrase which is, what the aussies and the kiwis do, bets the global agenda or pushes back on negative rates. i think it will be interesting to see where the fed would be with the ecb. their rhetoric is shifting further away from the and irp domain -- nirp domain. let's see what happens with the bank of england. nejra: you love that phrase and i do remember it well. absolutely saying that negative rates have got to jump the hurdles. when we heard from powell yesterday as well, where the focus was much more from the take away with him not being so gung ho about talking about fiscal the way he was in the past but then if we talk about what shifted the market, it all came back to moderna and concerns. we had the bank of america survey.
andrew bailey testifies today as the u.k. chancellor sees a recession unprecedented in scale. 6:00 a.m. in london, 9:00 a.m. in dubai. the global debate on negative rates. rbnz thatt was the shifted the dial in terms of monetary policy. -- only thing i learned is steven major comes and gives me one phrase which is, what the aussies and the kiwis do, bets the global agenda or pushes back on negative rates. i think it will be interesting to see where the fed would be with the ecb. their rhetoric...