it's off of u.s. and russia. it's the hope that the u.s. joins, that would be -- that everyone can work together from a scientific point of view. to see how people come together with vaccines at a safeway. into show that they are effective. because of the pandemic. the collaboration is happening that much more is needed. back so to your points, i think indeed there is concern. there's never been such a pandemic of that size. and of course the work is daunting. but as the color before just said, we have seen actually a wake-up call and a movement for coming together. we gathered together. which is to be regrouped and fork countries. in the idea is to even the magnitude of the work is to pull the resources. and the approach of investing at the same time in the vaccine that can be together. with the view that in 12 months or 18 months, by the end of 2021, certain member of doses can be procured. and provide a minimum buffer to actually quote unquote guarantee access for 20% of the world population. so that is again at least vaccinate the high

and the u.s. needs china. their economies are linked hand-in-hand on the industrial and consumption levels. there are many issues between these governments, that we would see. but there is a link between the two economies and it is remarkable. joe: it is pretty striking because so much of the story of the economy, the global economy some overproduction in china, it is the opposite. you see this in our charts that cameron crise made. industrialine is recovery of precrisis levels, very impressive. on the consumption side, it is very far below precrisis trends. china'suction side of economy is roaring back a lot faster. caroline: and it is almost the opposite when we look at the united states. we see industrial production still pretty woeful, a sluggish return in terms of manufacturing , but consumer, on fire. yes, we still aren't pre-covid, to a certain extent, but we see money continuing to be spent, particularly looking online. the consumer is buying a lot of chinese goods. joe: let's bring in bloomberg chief

we hope that the u.s. joins and then everybody can work together from the scientific point of view and come together to advance the global vaccines to show they are effective. so a lot of that is happening but much more is needed. >> in need there is concern and course the work is daunting but we have also seen the movement for the multilateralism coming together and when we hear the idea and the magnitude of itthe work is to pull the resources and adopt this portfolio s approach that can be accelerated and the portfolio we do that in 12 months or 18 months by the end of 2021 a certain number of those seats can be procured and provide a minimum buffer to guarantee access for 20% of the worlds population so we can vaccinate the high risk people and start from there. in the supply constrained environment it's very important that corporationon mike was talking about was making sure even the globalization that we have seen, everyone can be protected at theon same time otherwise it just won't work. >> a few of

the u.s. election. it's true that south korea's chipmakers have been benefiting since september as a consequence of the restrictions that have come up on a number of tech companies in china, but whether this is a sustainable in the long run really depends on the trade dynamics between the u.s. and china. the conditions for risk remain highly -- in the near term. this is what will shape really the strength of the recovery in tech exports for south korea. remains uncertain at this moment. paul: i went to get your thoughts as well. good news we have had out of australia. we now have a second day in a row in the state of victoria with no new coronavirus cases. restrictions are being eased. it looks as if the outbreak is under control. with that in mind, what is your outlook for the australian domestic recovery? the latest development marks a turning point for the australian economy, especially as in victoria, retail, hospitality, it resumes operations after months of suspended activities. most of

u.s. role in the world. i specialize in isolationism, internationalism and globalization and my work that most pertains to our panel today is a book called "promise and peril" america at the dawn of a global age." just out in paperback. you can buy it downstairs. i have the distinct pleasure of being the chair and co-organizer of this really exciting panel i think and i hope you'll agree once we're done. it's a fascinating topic with tremendous contemporary relevance as well as historygraphical significance. u.s. foreign relations before and after that kept us out of war election. this is really not just about u.s. foreign relations but also world relations, international relations. now, the spark for this panel is the centennial of the 1916 election in which woodrow wilson ran on a he kept us out of war platform despite the military interventions ongoing in mexico and the caribbean. marking the centennial of this election this round table brings together superb historians with a wide arra

business in the u.s. in business in germany in europe are very interested in each other's markets our job is to ignore politics as much as we can we're not political. our job is to find ways for our members to successfully pursue their business activities and hopefully expand grow them create jobs and encourage trade here in union there is also approach trade but the competition commissioner says there is a plain meaning to regulate the u.s. digital giants a proper european approach would be to say you're more than welcome to be successful but the thing is with success comes responsibility and this is the face that we're in now to say well you have to recognize that you have powers beyond anyone else and with that comes the responsibility tariffs the one way to exert pressure by making imports more expensive the u.s. that. tariffs on steel wine and jam. the e.u. on corn cranes and jeans. tariffs and our view are just not helpful and they don't really achieve what you want them to achieve there is one thin

forcing u.s. business isn't a joint venture which they didn't want those sort of things have been going on on a grand scale and it's not just american technology that china stole and syrup in and other countries as well and that i think it's been right of trying to highlight that as one of the few things he's got right an economic policy that it has to stop so it's not simply just the loss of manufacturing jobs is that it's other things that china has done as well have all sort of generated this this anti china sentiment in the u.s. i didn't mean that you are blaming china but trump is obviously do you think there are $350000000000.00 democrat plan will do anything to counter china's lead in 5 g. an artificial intelligence 'd saw even drug supply chains well up the margin maybe i mean of course in a pre-election platforms from presidential candidates aren't necessarily what becomes an acted after the election because we have to get through the whole political legislative process and it's all very

because u.s. is also to supporter of gavi and continuing to that angle to support the initiatives. >> elizabeth, i think marie-ange is t very accurate in that congress now is very committed to gavi. congress understands this global relationship. they are committed to making sure that gavi is funded and the u.s. funds continue, so regardless of what the administration has intended i think congress is sort of a protector. cepi is a new entity that was focused on research and development, but i think that the threat the u.s. was not only not participate in cepi, but withdraw funding from the w.h.o. is really dangerous in terms of world's capacity. our resources are needed, and i would say our leadership is needed to mobilize an effort of developed countries to t look at outside of the borders and say we not only need to vaccinate our own populations, but we need a global view because if somebody is ill in africa or asia, that still is a threat potentially to the united states and it's also the right

and our u.s. centered warp speed is only investing in six of those, we have a possibility in the united states to be at the back of the line if one of the other three is actually the first to show effectiveness and safety, not only are we not providing leadership in the world, were not participating in the world effort, we are threatening to withdrawal resources in the feature that can hamper and were putting our citizens in a deeply dangerous situation if we don't rejoin the world collaborative very soon, it's all about politics. >> anyone else want to jump in. >> we are here to talk about vaccines, the same could be said about therapeutics as well and is one reason why we joined in welcome to create the therapeutics precisely to make sure there was equitable distribution of testing and treatment even as we work on the vaccine, it's very important to have that, it is not just the right thing to do, if you don't have it and if you see nationalism or protectionism introduce themselves in the supply

u.s. stocks. poundlso looking at the on the back of the self-imposed brexit deadline. if you look at some of the earnings, they reignited a bit of concerns about the number of cost cuts and job cuts. time, you can see european stocks down 1.7%. now let's get to the bloomberg first word news. here is leigh-ann gerrans. hi, leigh-ann. leigh-ann: good morning, francine. disappointed by the slow brexit trade talks, and a call with eu leaders, he said he will decide after this wii's key summit if it is worth continuing to work for a deal. he previously indicated the u.k. will walk away if no agreement by october. germany is still optimistic a deal can be reached. always the right way to discount questions that can be difficult, and sometimes at the last moment, you will find a solution. u.s.,ann: over in the president trump has spoke out putr facebook and twitter out restrictions after an article over his election challenger joe biden. bidens sun hunter introduced his father to a ukrainian exec

u.s. president donald trump continues to insist his country is rounding the corner on the coronavirus pandemic this despite surging cases and hospitalizations president to defend his strategy after a senior aide admitted on sunday that america will not control the outbreak white house chief of staff meadows says the virus going to be defeated through vaccines and therapeutic treatments a national lockdown strategy or a national porn teen strategy that is proposed by the left it is not effective is not what will ultimately contain or control this virus so any suggestion that we're waving the red flag i mean the white flag is is certainly not in keeping with this president you know him he didn't give up and he's not going to give up until all americans are safe that we defeated this virus. in our headlines this hour president has called on the people to boycott french goods as tensions rise over french president emanuel macro's plans to reform islam in france macron has been calling for toug

u.s. futures lower. we will be in the story the entire hour. the last jobs report for the -- before the election. 785,000 workers added in september. stimulusocrats pass a package. forp has tested positive covid-19. he and the first lady will quarantine immediately. this is what is going on with u.s. futures. we saw you choose drop immediately. down 0.9%. you can see the stock drop as concerns mount about the president and the first lady having covid-19. this comes after a top aide that had traveled with him to cleveland and minnesota, hope picks. -- hicks. she contracted covid-19. the president and the first lady tested positive. you are seeing immediate market reaction. joining me is the head of investment strategy. a lot to digest. we just learned this news. the president contracting covid-19 to be this comes 32 days ahead of the election. it goes without saying we wish the president and his family and anyone that comes in the path of the virus well wishes. howdy prepare for the risk of

and german companies u.s. companies are afraid you know of their supply chains of implications in the home market german companies are afraid of being stuck between the 2 warring giants speak. and just very briefly looking ahead to the upcoming u.s. presidential election will that influence u.s. german trade relations of business relations. well 1st i'd like to point out we're not at all a political organization strictly commerce but we do poll our members on that topic the overwhelming majority of them say that the outcome of the elections will have a significant impact and the vast majority also feel that a change of administration would be good for transatlantic business in general we're still trying to figure out a little bit which way professor president biden would go these various things some of which concern or some of which we find positive but either way we continue our work and i think the transatlantic relationship will continue on strumming alright well that's again good news there frank sparta la

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president says the u.s. will remove sudan from its list of state sponsors of terrorism once it compensates american victims and their families. alone barbara starr you're watching al-jazeera live from london also coming up as confirmed coronavirus cases around the world pass 40000000 iran's suffers its most that's in a single day our london wales meanwhile announce new coronaviruses lockdowns poland says it's turning its national stadium into one hospital and belgium is warning of a tsunami of new cases. and socialist candidate luis out sick claims victory and believe u.s. presidential rerun the paving the way for the return of ever more outlets. money destined for the u.s. families and victims of attacks by armed groups in africa has left sudan the 1st step in a compensation agreement that will see the country removed from the u.s. list of state sponsored terrorism earlier us president donald trump tweeted that the new government of sudan agreed to pay $335000000.00 once the positive i would lift so that fr

u.s. senator. you've continued to demean yourself throughout this campaign with your conduct. first you were lengthening my nose in attack ads to remind everybody that i'm jewish. then when that didn't work, you started calling me some kind of islamic terrorist. and then when that didn't work, you started calling me a chinese communist. it's ridiculous, and you shouldn't do everything that your handlers in washington tell you to because you'll lose your soul along the way, senator. what the people of georgia deserve is a serious discussion of economic relief for georgia families and how we're going to protect coverage for pre-existing conditions. >> thank you for your -- >> well, perhaps senator perdue would have been able to respond properly to the covid-19 pandemic if you hadn't been fending off multiple federal investigations for insider trading. it's not just that you're a crook, senator. it's that you're attacking the health of the people that you represent. you did say covid-19 was n

also, guns u.s. infrastructure is less important than getting what is needed built and getting value from the dollars that the united states spends. we should allow for competitive bidding for construction, installation and maintenance of long security sensitive parts of u.s. infrastructure and we should insist that foreign governments allow the same opportunities for u.s. firms. so those are my three priorities. i want to pick up on what jason was saying about how to figure out the budget. including reducing federal budget deficits relative to those projected under current law. i agree with jason that given these historically low interest rates, the accumulation of federal debt is not one of the countries they get economic challenges right now. trying to pay for fiscal mealtime the counterproductive, we all agree on that. going beyond that, i think it is sufficient that any increase is discretionary or ongoing federal spending related to these priorities is accompanied by an increase in federal reve

u.s. supreme court justice shifting the court further to the right and will tell you why a new abortion law in poland has triggered mass protests across the country. remains remarkably warm in the levant good cider western saudi arabia as well and that's despite what's developing in the mediterranean which is story whether through greece which head towards turkey is a gentle breeze drawing down the goals that attempt has a coming down slowly doha's its 30 or 30 over the next day or 2 the month is sheriff he ran across the coast of amman and others across from rains on his way to the horn of africa there is slightly more rain in somalia the sort of few showers in south sudan but mostly we're to the south of that now in uganda tanzania drought the rift valley and focusing rather more on come rooting get bombed and touching north and i go this is normal this time the year as the sun comes out and the monsoon trucks come south so you get more or less sort of right look at issues for cars actua

the u.s. and indonesia have agreed to develop indonesian islands in the south china sea together in a move that challenges china's claims in the waters. u.s. secretary of state mike pompeo andonesian foreign minister held talks on thursday. they discussed the sittion in the south cna sea wch china claims most of. indonea has designated an exclusive economic zone off the nah tuna islands and has a territorial dispute with beijing in the area. >> our law abiding nations reject the unlawful claims made by the chinese government party in the south china sea. it's a cause worth pursuing in multi-lateral settings and the trump administration very much supports this. >> she said stability and peace should be maintained in the south china sea and added international law, especially united nations convention on the law of the sea must be respected and implemented. pompeo expressed willingness to cooperate in new ways to ensure maritime security and protect some of the world's busiest trade routes. >> i

when you see the u.s. pull out of a historic deal like that, how much does that setback -- set back nonproliferation efforts in other countries? how negative is the impact? >> i think the impact can be quite severe. you can think about cascading effects emerging from any movement that iran takes towards acquiring nuclear weapons capability. ever since the united states walked out of the jcpoa, the agreement with iran, we've seen more and more work that the iranian government has been putting in towards its nuclear weapons program. that naturally causes concern amongst other powers in the region, especially saudi arabia, the united arab emirates. how would they respond to this? there are reports in recent years about saudi interest in very will -- various weapons alliances with different countries, including pakistan. there is this worry that the expansion of iran's nuclear weapons research, capability, would lead to these countervailing effects from a countervailing policy. there will be some concern withi

the u.s. possible.s still nancy pelosi tells bloomberg an agreement is urgently needed, by the white house warns there is still a ways to go. shill.etflix shares they miss estimates for subscribers. the forecast suggests the pandemic boom is starting to fade. you can see how the shares have fallen 6%. we are under one hour away from the start of cash trading in europe. let's take a look at what futures are indicating this morning. kind of a mixed picture and not a lot of size, no direction or size. ftse futures are down 0.10%. 0.10%.ures are up take a look at what u.s. futures this morning after the netflix , ahead of thee tesla results, you can see gains here. 0.5%.tures of about nasdaq futures gaining 0.3%. anna: let's get to the breaking news. we have data coming from the u.k.. inflation numbers first. the cpi number, month on month is a 0.4%. survey.st under the that seems to be the theme. you get the same pattern for year on year, above august but also below the survey number. why we are

tom: how do u.s.-china tensions play into your strategy for the u.s.? >> it does cause some uncertainty for us. the business deal is going, both from import and export-wise. we are focusing on trying to create better value and better service for our work clients in terms of the chinese merchants trying to sell in the space, as well as for the global brands in space. and into china, we try to give them better solutions. tom: are you looking at additional acquisitions or investments? driving, autonomous those type of things we've been looking. rishaad: let's take a break. coming up, in a bid to help its ailing economy, india is using a dip in covid-19 infections to open up borders. we've got details on that coming up. this is bloomberg. ♪ juliette: a quick check of the latest is as flash headlines, aviation regulators in china say the projected return of the boeing 737 max is high on their agenda amid talks with ortner's in the u.s. and europe. there are three criteria that must be approved before china will let them ask fight again, -- the max fly agai

the u.s. war on a wild way seems to be creating cracks in the chinese telecom company a new filing by wall way shows that it's been hurt especially in the area of chip supplies and 5 g. technology the chinese tech giant reported a slowdown in revenue growth for the 1st 9 months of the year a day after a new smartphone that it says could be the last to run on the advanced chips designed by its own engineers joining us now to discuss that bill both co-host benson. but while he is nearly 6 weeks into a new era in which it no longer has access to these global market for the computing chips what does this mean for a while we're moving forward well it means that the the clock is running so yes we're 6 weeks into an era where there are not obvious source those chips are right now while we actually has a pretty good stockpile of chips that they use to build their smartphones and also other telecom equipment but unfortunately that stockpile of chips will really only last them to about the middle of nex

u.s. stimulus. bank led gains after a positive outlook on retail recovery the sensex and nifty they posted their biggest weekly gains in the last 3 months up over 3 percent each for the week the index was closed on friday and australia it's in the red for the week the index tumbled on terms positive coppa 19 tests as we're going to see throughout the world the country's retail sales data for august fell 4 percent on a seasonally adjusted basis following a 3.2 percent rise in july the all share in south africa it's up on the week the stocks edge towards a quarterly gain on gold and silver boost the index did fall 1.2 percent on friday in line with many other world markets and now let's move over to the europe and to the americas and in london the footsie it squeaked out a green arrow despite fears of a lockdown on a 2nd coronavirus resurgence the index climbed on hopes that the u.s. stimulus but took losses friday before rebounding just before close of trade to hit that green arrow the french and ger

u.s. airlines are hoping to take off once again by implementing a new coronavirus strategy the industry is planning to make over $1000.00 tests available for passengers before they board flights airlines including united american alaskan and jet blue have announced programs which will offer mail in tests that will be sent to passengers homes or rapid tests at airports hopes are by implementing testing passengers would feel more confident to fly while lifting the need for travel restrictions and mandatory quarantines in the states many are seeing this as a possible lifeline for the airline industry which has been ravaged by the coronavirus september 30th was the last day of a $25000000000.00 federal bailout package which assisted with payroll. in the industry and the airlines were hoping to see a new pandemic plan take effect last week the republicans are blaming the democrats for the lack of action was just days ago called the fertile of more than 32000 jobs combined at united and american

on the u.s. administration and europe and international organizations is ot to say that people of other continents, of africa, of latin of ica, of asia, are not, eastern europe, are not stakeholders at the table. quite the opposite. feel we we do not should be presuming to speak for hem as a bunch of people who were brought up in america and europe and served in american and european governments and so rnational organizations we hope to engage through the first quarter of 2021, with representatives, fellow scholars, fellow former officials, around the world, to nonamerican, noneuropean perspectives and how we might work together and we to that engagement. and foremost the u.s. has to get its house in order to economy.he global onstructstive economic solutions do exist to the international existential threats we face but they must be targeted and they must be based rebuilding. they must be global. so please join us in this effort. to my let me turn colleague, professor -- fellow.ent senior jason h

a former u.s. homeland security official has admitted to being the white house insider who wrote a scathing op ed 2 years ago condemning donald trump miles taylor supporting joe biden and is called trump a moral petty and ineffective mike hanna has more from washington d.c. the man who called himself anonymous in 2 separate books and actually an out at president trump has now revealed his identity in an online post miles tailors his name and he was a chief of staff in the department of homeland security at one point so a very senior official he was highly critical of trump in those 2 books saying that it was necessary for americans to know both the character and the quality of the head of state as a body john has accused me of killing at least 21 civilians in a missile strike bringing a 3rd attempt at a cease fire into doubt the attack on the city of boston is the deadliest single incident against civilians since fighting flared a month ago how to concede to has made landfall in southern u.s. bring

the u.s. fx space keeps rallying, no matter what officials you doing. gold getting a list as well, up .7%. keep an eye on that trade is what billionaire hedge fund manager john paulson is saying. let's get to the bloomberg first word news with you to round out the picture with leigh-ann gerrans. hi, leigh-ann. you.-ann: good morning to significant antitrust action against an american company. google controls about 90% of the search market in the u.s.. the doj says that blocks a talent gateway to the internet. the u.s. is accusing google of using exclusive deals to smother competition from rivals. >> we think this case is deeply flawed. we compete vigorously in the market space. falling,s are free, and those are hallmarks of a competitive industry. leigh-ann: the u.s. and eu are overng for a clash preferred candidates to lead the wto. observers believe the trump administration is leaning toward the other candidate, south korea's candidate. the other preferences not yet clear. saudi arabia's cro

but u.s. intelligence officials y the kremlin has continued its cyber attacks in this year's race,alling it a blatant assault on american democracy. there is also the future of major nuclear arms deal that hangs in the balance. loggerheads over how to place at limits on nuclear weapons. an existing treaty set to expire in february so let' get more on russia's reaction to this election. joining is now is steven rosenberg from moscow. thank you for staying up late for us to moscow. back in 2016, moscow was accused of meddling in e election bynt americanligence community in order to help donald trump get elected. does moscow fee gthat was ad bet, that they had a good deal from the trump residency? -- presidency? >> vladimir putin was sitting in the kremlin with a blank piead of paper andtwo columns and the pluses and minuses of four years of donald trump, i think there wouldlo be in the minus column. four years ago, the kremlin had big hopes that president trump would ease sanctions but ht didn'p

the u.s. election, according to a survey, sending the dollar in opposite pumps. if donald trump wins, we could see a stronger dollar. if joe biden wins, the reverse. also west's going on with the -- also was going on with the yen. against the backdrop of a slightly better industrial read out of japan. opposed to .8%. al, despite coming back, has $36 a barrel handle. oil is set for its worst month since march. it is down to coronavirus demand fears hitting things. bring livee want to pictures from vietnam, where mike pompeo is meeting with the vietnamese deputy prime minister hanoi. counterpart in this is part of his tour in asia. some have called it an empty china tour of asia. that's happening right now. both are expected to exchange ideas. up relations with the two countries. vietnam had been boosting its import of u.s. products. mike pompeo wrapping up what they call an anti-china tour of asia as the election race enters its final stretch. mike pompeo right now. let's get the first word new

stimulus talks in the u.s. and the start of european bank earnings give investors more .han enough to think about the cash trade is just an hour away. let's get your top headlines from the bloomberg terminal. ubs posts third-quarter profits that the estimates and set aside $1.5 billion for shared buybacks next year. bloomberg's manus cranny spoke with the outgoing ceo, his longtime interview partner. i am very happy with those results. particularly by the site that all business units have contributed. we have the best third quarter since 2011 in wealth management that has been up 18%. but also, the idea was up across the board in markets and the investment banking parts. it was a very strong performance. the point of view has been able to grow. overall,

u.s. and european stocks, we are looking for a downside move here in asia with earnings also in focus and we have u.s. futures edging higher early in this session. we do have aussie shares under pressure, off by .4% this morning. this after the tech lead rebound we saw wednesday looking short-lived. and set under pressure, falling 3% after recording a 42% slump in profit. those results coming in line with analyst estimates. check out the aussie dollar holding about 70 but trading near a nine day. it could be in the making the next few days. metzler about the board to check in on some other assets in focus. we are keeping an eye on the vix move. we are seeing moves to the downside after the index jumped to 40 in the new york session while the dollar rose the most in a month, which did weigh on gold. bouillon holding at $1900 an ounce. we saw warnings of a correction. likely to stand pat. in the euro yen trading below its 100 day line of trading at a july though as you're virus cases are als

the u.s. has topped 8.1 million cases, remaining by far the most infected country, with around 20% of known cases. the u.s. death toll is nearing 220,000. on friday, the u.s. reported around 70,000 new cases, the highest daily total since july. at least 12 states set single-day case records since friday. only two states -- vermont and missouri -- reported significant decreases in reported cases over the past week. in an interview with cbs's "60 minutes," top white house coronavirus task force scientist anthony fauci shared his reaction when he saw the rose garden ceremony for supreme court nominee amy coney barrett on tv last month. >> were you surprised that president trump got sick? >> absolutely not. i was worried he was going to get sick when i saw him in a completely precarious situation of crowded, no separation between people, and honest nobody wearing a mask. tv, i said,hat on oh, my goodness, nonothing good can come out off that. that has got to be a problem. sure enough, it turned ou

u.s. stock futures have recovered european stocks do appear to be opening in the positive territory today because china now is signaling that he could push for some standalone bill so he's tweeted that he would like the airlines to get some support he would like another $1200.00 stimulus check to go out but. they still are not going forward with a large scale stimulus which is definitely a disappointment for markets this then will build could be interesting we'll see where that goes but what about traders in frankfurt what are they saying about the reasoning behind the move to stop the docks. yeah it's hard to see what trump really gains from from pulling out of these stimulus talks especially as as our 3rd discussed it's very necessary for the u.s. economy as so many people are still out of work so many businesses there are still hurting. himself has said that they want to focused on getting a the supreme court nominee confirmed so they want to they want to make that their priority right

suing big te, the u.s. justice department brings an anti-trust lawsuit against google, alleging the tech giant abused its standing to stifle competition at the expense of consumers. and the cost of beef. a shift to imported meat in american groceries as a result of the pandemic causes dire repercussions in nicaragua. >> people are dying from violent land invasions, their lands taken away for cattle ranching, cattle which then turns into beef, which comes into united states. yes, people are being killed. judy: all that and more on tonight's pbs "newshour". ♪ announcer: major funding for the "pbs newshour" has been provided by -- >> pediatric surgeon. volunteer. topiary artist. a raymondjames financial aisor trailers advice to help you live your life. life well planned. >> for 25 years, consumer cellular school has been to provide wireless service that helps people communicate and connect. we offer a variety of no contract plans and our u.s.-based customer service team can helps find one that services you.

the u.s. was slipping. claims,the u.s. jobless expected to hold, but above re-virus level. 175.dollar at 1 up nikkei 225 trading following thursday's fall. nikkei above average. a 52 week high. providing they arrowhead system used at the exchange. still, no explanation for the disruption. manila is trading up. the you want -- yuan losing its haven status. plenty more to come. this is bloomberg. ♪ this is bloomberg. ♪ >> it is 10: 29 in hong kong and shanghai. i am karina mitchell with the first word headlines. the house has passed the two point $2 trillion coronavirus relief package, but it is unlikely to become law. it is opposed by republicans who are certain to block it in the senate. speaker pelosi told bloomberg she will not take the path of least resistance simply to make a deal, and talks will go on as pressure mounts to reach an agreement. meanwhile, sterling fell as the european union announced legal action against the u.k. over its plan to break the brexit withdrawal bill. urszula of honor lay says a brussels

u.s. and eu. there's the rest of the world too. unfortunately, kathryn of australia who was going to join at the last minute said there was a conflict that arose. so i apologize that we don't have apac represented here. i know that our speakers have tremendous breadth of knowledge, experience and i think we'll cover the world as well. our first speaker -- i'll introduce all of the speakers and turn it over to each of them for some remarks and then we will begin a bit of a round table discussion. type your questions into the website sli.do. so, bruno gencarelli is the head of the international data flows and protection unit of the european union. bruno heads -- he has led the commission's work in the area of data protection in the decisive phases which i think has certainly a lifetime employment opportunity for him. in that capacity he headed the european union commissions delegation on interinstitutional negotiations with the european parliament and council that resulted in the adoption of

we have u.s.-japan trade agreement on goods. >> reporter: depending on the outcome of the election, there may be a change in the u.s. stance on global trade. nhk world. >>> department stores in tokyo are changing their new year strategies to cope with the pandemic. they're moving early with their bargain packages known as lucky bags. they contain items worth much more than the retail price of the contents. the only catch is shoppers don't know what's inside until they buy one. managers say sthar bags contain lifestyle items for people to make the most of being at home. one contains a hammock and even a carpet. another bag comes with kitchen tools to make staying at home more fun. the store usually sells its lucky bags on the first three days of the year, but this season they will be on sale between late december and january 11th in an effort to avoid crowding. >> translator: the needs of our shoppers are becoming more varied with changing lifestyles. i think we have a great lineup of lucky bags to

some americans rattled by changes to the u.s. postal service, allegations of fraud and of course covid chose to post their ballots here. >> one was patricia wynn. how confident are you that your vote will be counted in the long run? >> i think it's really worrying that we actually start to question these institutions. and that we are worried about things like whether our vote will count. >> those votes could be decisive in battleground states and that is spurring ex-pats on. you have to be in it to win it. >> i will send in my ballot and hope it gets there in time. >> i hope it makes it through the u.s. postal system and counts on the other end. >>> so, alex what are you thinking now? >> i have done my duty. it's gone in to the universe and my fingers are crossed. >> i'm elizabeth palmer in london. >> closer to home now, covid-19 continues to spread like wild fire through many states. wisconsin for example, is reporting its highest number of cases since the pandemic began. adriana diaz ventured in a covid unit in milwaukee's bigg

u.s. stimulus deal -- president trump is pushing for a bigger relief package although the top republican in congress is not so keen. brexit negotiations lurched towards crisis after e.u. leaders said the u.k. must make concessions. boris johnson is due to the side on fridawhether to walk away from the talks. new zealand prepares to vote with polls indicating the prime minister will be a comfortable winner. both party leade are criticized for not doing enough for women. breaking news out of south korea. we are getting the jobless figures for the month of ptember coming in at 3.9%, which is much higher than analysts had expected. it's also larger than the previous month, when it came in from august at 3.2. 300 92,000 jobs were removed in september from a year earlier and we have seen the jobless rate ssawing. we did have the virus resurgence in south korea so that hit the labor market negatively and we had typhoons in september that might have skewed the numbers. the positive boost for the l

the u.s. secretary of state michael bell is calling to close a corporation with india to confront threats posed by china both nations are experiencing strained relations with beijing and now the u.s. and india have signed a defense box to share military technology and classified data and is about random reports from new delhi. u.s. secretary of defense marcus spoke was welcomed by a god of auto in india's capital. just one week before the u.s. election he and u.s. secretary of state mike pump landed to sign the 4th and final defense agreement between the 2 countries a deal which has eluded previous u.s. administrations during our meetings these last 3 days we have reaffirmed the united states' commitment to a comprehensive and forward looking defense partnership with india. the basic exchange incorporation agreement or beca as it's known will allow the sharing of military technology maps and classified satellite data and it comes as relations between nuclear neighbors india and china are at th

well right now the u.s. equities are kind of taking a cue from europe as the german dax that dropped over 4.2 percent to the lowest level since late may the footsie also closed down about 2 percent and all the optimism that we had this summer on this me opening try this potential back seen in this miracle balance that pretty picture is quickly fading as chronic cases are mounting so partially u.s. like chicago officials have shut down into our dining and we see more stringent measures being put into place in europe as well so now i have a little deja vu moment the market once again stocks that would be hurt the most lilac downs are slowdowns there had the hardest today so shares of airlines including that dropped around 4 percent as a big fear gauge that spiked about 30 and hit the highest level since june so oil prices that also plunged more than 5 percent the most well into new reeks also as lock downs once again mean lower overall fuel consumption so the nasdaq was the big leader the pledge day and that's

and that the u.s. commerce the u.s. government has filed an appeal pushing back against a ruling by the world trade organization that part of the trump ministrations tariffs on china are unlawful the u.s. delegation to the w t o is claiming as part of its appeal that this moment quote reflects a major missed opportunity for the deputy au to begin to address the most serious problem faced by every member that seeks to a balanced and fair world trading system namely aggressive state policies that seek to dominate broad industrial sectors joining us now just just as boom bust co-host christine christie i want to start with you here what obviously what can you explain what the deputy o. panel originally found when it ruled against the united states. yes of the originally the trial a month ago in september only when the detail ruled against the u.s. and found that human kind of $34000000000.00 worth of tariffs and posts on china back in 20092001 they breached the global trade rules so washington had not justified why the tar

election because the u.s. is india's most important partner bilaterally but it really cares this time because of the come along her respect or i mean when she said that was the biggest news here the next day on television on newspapers on social media i'll be honest with you though president trump is popular and india because those who support prime minister modi and there are many people who support prime minister modi they also like they like donald trump but then there are also many others in india who. are just so taken with as because of the way she speaks about her indian heritage so it's really interesting to see actually the you know there's been posters put up all over india not just in the her ancestral village in the mullard but all over the country with people really getting behind her and supporting her thank you so much for bringing us a view of india and indian u.s. relations for the last 4 years and where india may well be placed when they're looking at the u.s. election liz thanks for being on

and the u.s. has been strong and it has helped more than 120 countries on a bilateral level for-- during this crisis, but has failed to engage collectively both in multilateral organizations, but also in sort of more ad hoc initiatives. that's the question for europeans, can donald trump ever change? can he change based on personal experienced? as he mentioned in his videos, i have, he said, he said something like, i have-- i have gone to school with this covid, i have learned things and i will go back on this and discuss this, so maybe that's the case and it will give europeans some hope, i guess. >> yeah, celia, just to jump in there and we'll go to bill in a second. you know, that sort of happened to boris johnson, right? he was very cavalier about it, joked about it continuing to shake hands and afterwards was quite chasened. i don't see that happening with trump. last night he did make those remarks which i thought were a bit odd, but said he learned a lot and within hours he went out in a va

new u.s. sanctions forced western union to close operations in cuba and a big blow to those depending on money sent from abroad. heads one week to election day in the u.s. and the candidates are hitting the battleground states polls indicate democratic party contender joe biden holds the lead nationally but it's a close race in a number of must win swing states mike hanna reports. a final frenetic week of campaigning before election day president trying doing a swing through 3 of the states with polls indicate he is neck and neck with joe biden wisconsin michigan and the brask. attempting to remove one issue from the agenda at the beginning of the day tweeting fake news media is going full on. we are rounding the turn 99.9 percent. and he's attempting to reset the conversation around an economy he claims to have provided it's trouble believe the number one reason that i'm standing here because of trade and how we turn that around thanks 7 days from now we're going to win the great state. we're