i think china will take -- will try to contain it.one of the countries that suffers most from this hike in commodities. terms of trade are collapsing and the worst level in eight years. china is really suffering. >> we continue to see that pressure on chinese equity markets. mark, more at his commentary on markets live. that is our bloomberg ball -- bloomberg blog. priscilla lu joins us to look at prospects for espn green investing in asia. and we look at equities for a long-term lg shareholder. they talk to us about why they do not support lg's spinoff plans. this is bloomberg. >> long-term lg shareholder says it will vote against the conglomerates proposed spinoff of several units. in an open letter, they oppose the move as it does nothing to solve lg's most pressing problem, the company's and norma's trading discount relative to its nest at -- relative to its net asset value. joining us is simon wax lee. simon, great to have you with us. how much is your shareholding right now? my understanding is it is less than 1%. do you plan to

it will be effective long-term. this will pay off. i am looking forward to going places with my wife once again. >> starting tomorrow, two more bay area counties will expand eligibility. they will vaccinate teachers. also first responders and agricultural workers. to check on the status of the vaccine rollout in your county visit our online resource guide, at kpix.com. >>> the governor toured two vaccination clinics in los angeles. thre satellite units from the massive ima site. they want to reach some of that counties that are most hardest head and the burnable counties . >> there are many similar sites that will operate over the next few weeks. they were given at 250 vaccinations a day. we are building out a system, a supply system that will administer 4 million vaccinations a week. >>> california reported 6700 new coronavirus cases. the same number of patients are in the hospital. the coronavirus numbers are dropping. the nation is approaching 500,000 in the death toll. health officials are urging americans to stay vigilant. >> rep

carson will vote yes, will vote yes on h.res. 101. the speaker pro tempore: for what purpose does the gentlewoman from north carolina rise? ms. adams: as the member designated by ms. wilson of florida, pursuant to house resolution 8, i inform the house that ms. wilson enclose vote yes on h.res. 101. the speaker pro tempore: for what purpose does the gentleman from pennsylvania rise? mr. evans: madam speaker, as the member designated by mr. lawson of florida, pursuant to house resolution 8, i inform the house that mr. lawson will vote yes on h.r. resolution 101. the speaker pro tempore: for what purpose does the gentleman from connecticut rise? mr. courtney: thank you, madam speaker. madam speaker, as the member designated by mr. john larson, pursuant to house resolution 8, i inform the house that mr. larson will vote yes on h.res. 101. as the member designated by mr. langevin of rhode island, pursuant to house resolution 8, i inform the house that mr. langevin will vote yes on h.res. 101. the speaker pro tempore: for what purpose does

a lot of things that boris johnson will say on monday will feature into this. on across asset basis, i will monitor is showing that the u.k. equities are best-performing, the most bought out of all the markets that we track. at the same time, and we saw it in the gulf market, the selling of government bonds, the selling of fixed income. this is a classic inflation --. the u.k. is becoming the benchmark. now we just need government policies on reopening and the data to back it up. guy: let's talk about monday boris johnson comes out and says he is reopening the economy less cautious than a lot of people anticipate the year by the pound? if he is more cautious, do you buy the pound on the back about? geoffrey: i think valuations are very favorable. the one thing to focus on is what is going to be impactful on the labor market, the service sector, that could skew price actions a bit. given how late the focus the bank of england right now is on the market, that will make a massive difference because the labor market can pick up in those sectors where most are emplo

jackson lee will vote yes, she will vote yes, on h.r. 1319. the speaker pro tempore: for what purpose does the gentleman from tennessee seek recognition? >> mr. speaker, as the member designated by mr. palazzo of mississippi, pursuant to house resolution 8, i inform the house that mr. palazzo will vote nay on h.r. 1319. mr. speaker, as the member designated by mr. desjarlais of tennessee, pursuant to house resolution 8, i inform the house that mr. desjarlais will vote no on h.r. 1319. the speaker pro tempore: for what purpose does the gentlewoman from virginia seek recognition? >> as the member designated by ms. porter, pursuant to house resolution 8, i inform the house that ms. porter will vote yes on h.r. 1319. the speaker pro tempore: for what purpose does the gentleman from nebraska seek recognition? >> mr. speaker, as the member designated by mr. lahood of illinois, pursuant to house resolution 8, i inform the house that mr. lahood will vote no on h.r. 1319. the speaker pro tempore: for what purpose does the gentleman from connecticut see

the same time the sequence will be driven by the evidence so outdoor activity will be prioritized as the best way to restore freedoms while minimizing the risk at every stage our decisions will be led by data not dates and subjected to 4 tests 1st that the vaccine deployment programme continues successfully 2nd that evidence shows that seems a sufficiently effective in reducing hospitalizations and deaths occurred that infection rates don't risk a surge in hospitalizations which would put unsustainable pressure on the n.h.s. and for all that our assessment of the risks is not fundamentally changed by new variants of code that cause concern. before taking each step we will review the data against these tests because it takes at least 4 weeks for the data to reflect the impact of relaxation in restrictions and we want to give the country a week's notice before each change there will be at least 5 weeks between each step the chief medical officer is clear. that moving any faster would mean acting before we know the impact of each step which would increase the risk of us having to revers

jackson lee will vote yes, she will vote yes on h.r. 803. the speaker pro tempore: for what purpose does the gentleman from missouri rise? mr. cleaver: mr. speaker, as the member designated by mr. alcee hastings, pursuant to h.res. 8, i inform the house that mr. hastings will vote yes on h.r. 803. the speaker pro tempore: for what purpose does the gentleman from south carolina rise? >> mr. speaker, as the member designated by mr. norman of south carolina, pursuant to h.res. 8, i inform the house that mr. norman will vote nay, no on passage of h.r. 803. the speaker pro tempore: for what purpose does the gentleman from california rise? mr. gomez: as the member designated by mr. cardenas, pursuant to h.res. 8, i inform the house that mr. cardenas will vote aye on h.r. 803. as the member designated by mr. vicente gonzalez, pursuant to h.res. 8, i inform the house that mr. vicente gonzalez will vote no on h.r. 803. the speaker pro tempore: for what purpose does the gentleman from oklahoma rise? mr. lucas: mr. speaker, as the member designated by

will they? their _ 90, they will find thousands. will they?housands. will they? they certainly will. - 90, they will find thousands. will they? they certainly will. indeed | they? they certainly will. indeed there is an _ they? they certainly will. indeed there is an organisation - they? they certainly will. indeed there is an organisation called i they? they certainly will. indeed l there is an organisation called one day sooner, which has been pushing for these challenge trials, with some very distinguished people involved in it, to volunteerfor it. because it will accelerate vaccine development, and there are loads of people, tens of thousands who have signed up around the world, for challenge studies, obviously taking place in the uk they will be at the royal free hospital in north london. and there is an added benefit that if you did fancy a couple of weeds in an ensuite room with a nice view over london and you had that book you wanted to write, well, you might get a little bit ill, but there will be medical staff on hand, but you would

in the talks with the eu that will take place over the coming days will the prime minister made it a priority to see a uk eu agreement which would help also with respect to the protocol all uk food exporters? >> i'm very grateful to the honorable gentlemen and we do think it is very important that the approach should not place unnecessary barriers or barriers of any kind down the irish sea. as i said to a colleague earlier i think it was most unfortunate the eu seemed to want to impose a barrier across the island of ireland. we seek to make sure there are no such barriers. >> lawrence robinson. >> thank you mister speaker. so my constituents and their christmas is ruined because of the rainfall on local inappropriate development to calls foul water into their homes causing the great difficulties so will the prime minister appoint a statutory body with the specific and undeniable responsibility of ensuring that no developments come automatically into existing drainage systems and that before developments begin, the fall assessment is made of the local drainage capacity and if that cap

he will listen andthen you will get things done for you . one of my favorite stories about dennis involves this. we were having trouble in northern minnesota with mines closing down because of steel dumping from china. and dennis was president obama's chief of staff and he went up to northern minnesota. i think it was very cold i will add that with about 50 people and it was this long table and dennis sat and listened to every single one of them and the last person to speak was a guy named dan hill who was a minor, and iron or minor and dan told the story of how at his son's preschool when they graduated that the teacher had asked him what do you want to be when you grow up and the kids ea were saying things like an astronaut and a basketball player. and dan hill's son said i want to be a minor. i want, joe can relate to this. i want to be i minor like my daddy. then dan the liner takes this t-shirt, steelworker t-shirt and he throws it down this long table to dennis saying the words make it come true mister mcdonough. make it come true and

if not, i will go into it. >> i will frame it up for you. this is a reminder. this is a two day intensive budget exercise to help us frame priorities for the coming 18 months or so. yesterday we described the economic issues that are faced by the city as a whole. we spoke about the specific economic challenges at s.f.m.t.a. julie and tom talked about extraordinary success over the last year during the covid period and some of the dire challenges that we will face over the next 178 months. we -- 18 months. we summarize some of the specific challenges and high level questions we have for you. i think we have been able to demonstrate that we know how to address every one of the challenges we pays. we know how to deliver the san francisco transportation system. we do not have the funding or staffing level needed to do so. we need to make some really hard choices. we ended the conversation yesterday talking about values and the need to make hard choices rooted in the values. we know that the next 18 months are a period of unprecedented uncertainty. we are entirely d

boris johnson will continue to update how the lockdown will be eased.:00 london time tonight. he will be updating the nation. we've got this house vote on stimulus. a lot of earnings are coming up as well. alix: also, tomorrow jay powell will be testifying for the senate making the committee. we will have the whole thing. what do you do with higher yields? christine lagarde is putting the kabbalah saying they are looking at those yields. i'm really interested in that. guy: the pressure would be on him. resting lagarde is facing an economy that is find it tough at the moment. the lockdowns will be on for quite some time. data out of the states is looking strong. alix: coming up, stephanie murphy of florida it will be joining balance of flow -- power with david westin. ♪ david: from the word in new york to our tv and radio audience worldwide, welcome to balance of power, or politics meets the world business. we will start with a check on the markets. how are we doing? >> it's not a pretty monday for the equity markets. down across the board. the brunt of

we will talk about how long it will be until it comes back.nd we will take a look at the warm-up >>> our apologies for that glitch with the kamala harris story. >> we fixed it, here again is reported nikole killion with a look back at the vice president's formative years in the bay area. >> this neighborhood was full of kids. >> reporter: carol porter and kamala harris that is to pigtail girls at the bus stop on this corner in their lives have intercepted ever since. below harris's childhood home, mrs. regina shelton's daycare where carol, camila and her sister my often spent many days after school. >> she owned a daycare center called chilton's daycare center. kind of emotional. it really took care of all the kids in the neighborhood. she was just a really, really warm and loving person.>> a lot of good memories there. >> definitely. >> reporter: and memories here at thousand oaks elementary.>> we pulled appear on school buses.>> reporter: and they were both past, becoming the second school to desegregate.>> even back then, she knew right fro

i will study it.arly there are costs that must be born by the taxpayer and i think that she will appreciate the citizenship at any time of life is a very considerable price and worth investing in. >> thank you, mr. speaker. the police will be one of our public services have been essential during the pandemic. so will my friend join me in welcoming the fact that the kent police commission has announced another 145 police officers during this year bringing to the total of 800 extra police we have on the streets of kent and most importantly that this has been accompanied by a reduction of 17,000 in the crime numbers in kent this year. >> mr. speaker, i thank my right honorable friend who is a long-standing campaigner for law and order and the police and i congratulate the commissioner matthew scott for what he's doing to back the police and recruit more police in kent. that's why we are putting another 20,000 more officers on the streets of this country. i think we've already recruited about 6,000, mr. s

it will get worse. it will be a major event. don't take it lightly, it's not a you guys missed it kind of storm. this is a big one. >> i am stuck in the office. my wife will do it alone. you told me i have to stay where i am. thank you very much. >>> so today president joe biden will host ten republican senators at the white house to discuss the covid-19 relief bill. the counterproposal including a new slimmer round of direct stimulus payments $160 billion for vaccine, testing and treatments, less money for extended unemployment benefits, 4 billion for behavioral substance abuse and a total price tag of $600 become as opposed to the 1.9 trillion opposed by the senate. tina smith, senator, have you no sympathy for the snowstorm. this is like a light dusting for you. >> well, yeah. from minnesota, i am hoping everyone stays safe and well on the east coast. i will be flying there in a couple hours. i really hope so it's great to be with you. >> i am not sure if we will be flying. on a scale of one to ten, how excited are you by the

we will track a sound of showers for the north bay before the sun comes up and the best chance will be around sunrise. it is not a guarantee that you will pick up measurable rain at your house. the best also be the farther north you go but it is a decent chance of at least a few hundreds of an inch of rain. >>> right now is a great time to download the kpix5 app, so you can track the storm is coming in and get the update on the weekend forecast. >>> still ahead, a bay area computer programmer mr. z vanishes. now his family is here in the bay area asking for your help. >> it has been horrible. i tried to sleep, i tried to think on, try to focus on anything else. we miss him so much. >> i did not want to go to a big stadium. >>> drugstores are now giving vaccines tonight. how did it go on day one? >>> a brand-new effort to get people back into churches. the bill just introduced at the state capital. >>> later the fans are not that excited about it but the players are. with the san jose sharks will be doing tomorrow for the first timeme in almost ♪ ♪ we havave the powewer to harns calilif

joe and — that will be or when that will be.pers this hour. goodbye for now. hello, and welcome to be the film review with me, mark kermode, reminding you that while cinemas might be closed due to lockdown, there are still plenty of new movies to be enjoyed in the comfort and safety of your own home. the biggest release of the week is news of the world, writer—director paul greengrass's visually expansive but oddly intimate adaptation of paulettejiles's 2016 novel which comes on like the searches or true grit crossed with broadcast news. these are difficult times. bad times. captain! i shoot, you go. the setting may be post—civil war north texas, but there's no mistaking the contemporary parallels as tom hanks's captainjefferson kyle kidd travels the land, dramatically reading stories from a selection of newspapers and journals like a protean news feed editor.

we will not bend, we will not break, we will not yield, we will never give in and we will never givep and we will never back down, we will never ever surrender. >> you will see that in the months the president made these statements, people listened, armed supporters surrounded election officials homes, the secretary of state for georgia got death threats, officials warned the president that his rhetoric was dangerous and it was going to result in deadly violence and that's what makes this so different. when he saw firsthand the violence that his conduct was creating, he did not stop it. he did not condemn the violence, he incited a further and he got more specific. he did not just tell them to fight like hell, he told them how, where, and win. he made sure they had advance notice, 18 days advance notice. he sent his save the date for january 6, he told them to march to the capital and fight like hell. on january 6 as manager raskin said, the exact same day we were certifying the election results, what time was that rally scheduled for. the exact same time that this chamber was certif

to do it you will not -- you will need regulation i'm not sure if this episode will be enough to financiallyze. david: this is in some sense a business model problem. texas seems to have a different business model for its energy. they have regulated with regard to price, but bailey to maximize profits for the companies within texas, and if you maximize profits you do not have excess capacity and do not worry about problems like cold. guy: you have to have a plan b in this episode is proving a plan b would be useful. that is how most grids tend to operate. the federal government is about to spend a ton of money on infrastructure. he must have a voice of the table in terms of how that money is ultimately spent and used by states like texas. david: absolutely. infrastructure plays into this. one of the issues is about wind power and is there a weakness of wind power. we have not invested in infrastructure yet. as alex knows well, it looks like people came out with talking points. thing is all the fall of wind. now it appears that ercot has a chart saying wind has been overproducing what was pro

there is concern that the military will crackdown, that ethic groups will resist that, antimilitary willnd make advances. there is concern this will lead to more violence and more human rights abuses, and stoke at the conflict. kim: from talk about geopolitics and the reverberations of this coup, we cannot be got china, myanmar's neighbor. it has invested billions of thousand myanmar. how do you see china responding as international calls for the release of the leader, restoration of democracy? >> china has as much interest as the rest of the world. china is the first country to visit right after the elections. in january, the chinese foreign minister came to talk to the leader and they outlined -- the relationship between the nld government and china has been warmed. china has as much interest as the rest of the world to resort democracy. -- restore democracy. we cannot isolate china and said they could derail the process, if it is in the un security council, they could walk behind the doors. they could talk to the armed forces, the minority forces as well. china has a lot of leverage i

i will be very brief. we have heard from studies emanating out of the astrazeneca platform that in the uk they are talking about the possibility, since their data seems to show this, that if you prolong the interval between the first and second dose, in fact even go with a single dose, you can get good results. in fact, the interval between the first and second dose can now be measured in months with according to their data that is actually a favorable response. we certainly respect that the uk scientists and health officials are going by their data and letting their own data for their own platform dictate their policy. the question is asked often, then why don't we do the same thing with our candidates that are now being distributed to people in the united states? the response is simple. we also are going very much by the data and the science that is emanated out of very large clinical trials. as you all are aware, the moderna trial with 30,000 people and the pfizer trial with 44,000 people indicate to us

where we will find it and _ will take action where we will find it and the — will take action where we they— they're not currently finding it. they have _ they're not currently finding it. they have huge resources they can spend _ they have huge resources they can spend on— they have huge resources they can spend on moderating this content, but they— spend on moderating this content, but they don't, because they don't see it _ but they don't, because they don't see it a _ but they don't, because they don't see it a as— but they don't, because they don't see it a as priority and all of these — see it a as priority and all of these abhorrent things continue to happen _ these abhorrent things continue to happen. social media is often a minor— happen. social media is often a mirror to— happen. social media is often a mirror to society and sadly people with these — mirror to society and sadly people with these views still exist in society _ with these views still exist in society. but it gives them a megaphone and it can reach into people's— megaphone and it can reach into people's personal

will be a road to recovery which will take a while. [30 will be a road to recovery which will take aesses have gone under? have lost businesses, —— we have lost businesses, particularly b&bs with people on the older side but we have also had people buying in and investing. i am optimistic but we need measures in place to support businesses to pay the loans back. it is in the treasury's interest to keep business supported so they can pay back what theyr keep business supported so they can pay back wha— pay back what they owe. yesterday was a record _ pay back what they owe. yesterday was a record day _ pay back what they owe. yesterday was a record day for— pay back what they owe. yesterday was a record day for booking i was a record day for booking flights, but could people be reluctant to go overseas especially when other countries might have stricter regulations than we will have? ., , , , , stricter regulations than we will have? _ ., stricter regulations than we will have? ,, ., have? possibly, and we welcome multi-generational _ have? possibly, and we welcome multi-generational

will: absolutely stunning. jedediah: go ahead. will. will: yeah. was going to say, i will, i rather will take governor cuomo's advice. i won't get cocky. i'm in and out in the middle of this lightning storm here. here is what i wanted to point out, when it comes to the nursing home deaths confirmed by the department of health in new york. let's highlight something. it took attorney general letitia james to reveal the increase in nursing home deaths t took a state supreme court judge in new york to compel the data confirmed within five days. what happened in the meantime, jedediah. what happened? "newsweek" named many of the nursing homes where the deaths occurred some of the best nursing homes of 2021. whether relied on bad data in new york took too long to confirm, there is price in human life. jedediah: let's not forget he got an emmy my. he was praised in media. i was looking for a walk-back in reporting of these numbers. i heard a lot of silence. disappointing but not surprising nonetheless. people feel like they can't trust anything he says, w

across the country and what will be used to ensure equity and the distribution will be population-based. and on the president's call to pass legislation, how much quicker would the case of vaccination be with congressional funding and what would be without congressional action? mr. jeffries: good questions. on the pharma allocation, it's allocated the same way we allocate to the states, tribes and territories. however the centers for disease control has experience with working with pharmacies is making sure we are picking pharmacies that are harder to reach to ensure we have equitable distribution of the pharmacy doses and across the board. equity is foundational to everything we do. on the american rescue plan, we are doing what we can with the resources we have. the faster congress acts and the faster we can scale vaccination sites, global units and increase emergency supplies. given this pandemic, it's important that they act as fast as possible to scale our efforts and fight the pandemic as effectively as possible. >> we have time for a couple of more questions. usa today. reporter:

we will do that again although this time the terminus will clearly be that we will have got everybodyated and probably received a very high degree of immunity so that will very much change our approach to the autumn and winter although, as chris says, highly infectious respiratory diseases do not go away altogether and not easily. {lin respiratory diseases do not go away altogether and not easily.— altogether and not easily. on the auestion altogether and not easily. on the question you _ altogether and not easily. on the question you asked, _ altogether and not easily. on the question you asked, the - altogether and not easily. on the question you asked, the big - altogether and not easily. on the question you asked, the big risk| altogether and not easily. on the i question you asked, the big risk to the public is the total number of people and the absolute number, but the biggest thing we can do is reduce the number of people with covid because that will reduce the number of contacts so getting the rates down is the single most important thing we can do. of those who are phoned up

the bill, alix, will pay some markup in the house. the full vote will happen friday. secretary yellen speaks at the new york times deal book conference this morning about how to get the economy contract. sec. yellen: my view would be that the checks for example, $1400 checks, we don't want those to go to high income individuals. but that really helps to make sure that pockets of misery that we know exist out there that armand touched by the more targeted things, that help is provided there as well. guy: janet yellen speaking a little bit earlier. let's get some analysis. a global strategist and head of the bearings investment institute joining us now. he was assistant to the president at the national economic council during the obama administration. good morning. treasury secretary yellen is very keen on making sure that this theme is story continues and delivers in size. we are seeing an expectation that the u.s. economy is going to move forward on a very decent clip as the year progresses. what does this mean for assets? are you repositioning as a result of what is

some of this will catch up, not all of it that will make it harder to track. alix: both of you with the weather map and talking. i feel like i am up for that. joining us now is peter fisher. apical professor and former head of blackrock who is also treasury undersecretary and with the new york fed. 1.31 on the tenure, good or bad? -- 10 year, good or bad? peter: it was bound to happen. what we should see is a consensus about the economy heating up. that is bound to flow through to rates. i do not think that is complicated. i think it is a good thing. it will be painful for the fixed income markets, particularly high-yield. if we keep grinding higher on the nominal rate that will be painful. guy: how painful? peter: will not take long for a lot of high-yield debt to be negative yielding. and a rush to borrow. i think we are going to have to keep an eye on that. if you see the momentum in equities, it is up and down, but mostly up. it is the repricing in credit markets that will come through if the economy gets back to a healthy pace of activity in spring or sum

i'm glad a wide range of evidence will be used, assessment materials will be available for schools, willoards on how to award grades and individual schools will not be responsible for schools but it's a confident grades both fair and consistent? and those concerns about fairness and grade inflation were taken up by the chair of the education committee. whilst i accept it's- the least worst option that the government has come up iwith, my concern is not so muchl about having one's cake - and eating it but taking a lot of cake of grade inflation into the system. - will my right honourable friendj confirm what is the government plan to ensure we will not i have a wild west of grading, that these grades will be| meaningful to employers so as not to damage children in public life chances- and where and how will- we reverse the grade inflation? he raises an important issue about grade inflation and this is why we have been doing so much work with ofcom in terms of ensuring the proper internal checks as well as proper external checks. we do not feel as if would be possible to peg a certain year

data will be noisy, it will be higher for a while, but we don't think the fed will react to that. second, honestly, is around your second point, employment. we have seen the on employment numbers come down. the fed is taking a broader and broader view of what it considers to be maximum employment. that will also cause them to air on the side of being easier. the third temptation will be around financial stability. let's not forget the fed adopted a financial stability mandate after the great financial crisis in 2008. all of the shenanigans we see around gamestop, short squeeze, cryptocurrency will have them take a look at tightening as well. in all three cases, the fed errs on the side of staying easier. kailey: they are providing a backstop in a number of markets, specifically in high yield. junk yield falling to record lows this week, so much issuance coming through. even investment-grade companies are selling debt because they can, not because they need the money. borrowing costs are so low. a lot of that issuance is coming in longer dated maturities. how much tighter can sprea

that will mean things. you have the treasury secretary talking about longer dated securities way back when, which wasn't the cause for this move but could potentially be a reason for yields to move next. lisa: given the lower inflation over the long-term and perhaps a spike up in the near term, are you a buyer of 10-year treasuries? drew: my main focus tends to be on things like credit and structured finance in the so-called spread products. i would say this about 10 year yields, just because they have been up and where they are is not necessarily a bad thing. i have talked to you and jonathan about this before, low yields create their own problems. they tend to encourage savings and if you look at the savings rate in this country, the thing we don't need is more savings. we need people going out and consuming. some of that is just inability. you can't go out and spend on the restaurants and go on vacation and do all these things in most parts of the country. so you are just saving that money. i think that

where will be in -- where will we be in another decade? ali: that's a good question. is a secular trend going on that multi-cloud will become a thing. i hear it from enterprises all the time. they are saying we need to make sure we are not putting all our eggs in one basket. companies like databricks can ensure that you don't have to pick one cloud. you can pick vendors that work across them. that is one thing. i also think ai is a thing you will see much more of. we talk about cloud computing. in 10 years it will be about machine learning and data science. emily: how does that impact your, databricks's priority? ali: our focus is to democratize and simplify ai further. our mission is to make it simpler and simpler so every enterprise can get value. if you think of a company like google, they would not be here today without data and ai. that is not quite true about all the other enterprises, but in 10 years, that will be the case. they will have ai like google has or they will be out of business. emily: all right. the ceo of databricks, ali ghodsi, interesting picture

will my right hon. join me in urging brighton and hove city council leaders to engage on this as a matter of urgency? prime minister johnson: yes, indeed. i thank brighton and hove city council for co-operating with eastbourne borough council in getting this done. there must be co-operation. no one in this country should be sleeping rough or homeless as a result of this pandemic or, indeed, through any other cause. we have invested £700 million this year to help people off the streets, and it continues to be a national priority. i am grateful to my right hon. friend the secretary of state for housing, communities and local government for what he is doing and the various taskforces that are currently at work to prevent people from coming out on the streets again as we lift the restrictions. geraint davies: at the driver and vehicle licensing agency in swansea, there have been 526 cases of coronavirus since last september. the prime minister told us at prime minister's question time:“all staff who can wor

they will get additional stimulus. it most likely will happen.the republicans are at 600 billion, democrats at 1.9 trillion, even if we end up in the middle. charles: we're not. we'll not anywhere in the middle. we can believe that right now. it will be 1.9 or 1.8 trillion. but i want to stay on gamestop, reddit, gamestop, robinhood saga, it already spawned two movie projects. curbs on how many shares people can invest in on robinhood obviously taking a toll on folks who are long these names. i want to bring up something else that come up here this so-called efficient market hypothesis. the notion that the market is always popular priced. mark, i never been one that believes this i think a lot of folks on wall street do. the notion that all the information about a company is out there, it is public. hence whatever it is trading at is a proper price. are you going to change the way you do your own price discovery in the aftermath of this? >> absolutely not. this is the cryptoization of wall street. you're seeing few stocks, not a broad -- market b

. >> i will not be long, i just want to be repaired. i will not be long. >> a, b, c. >> very good.o on. >> d, h, i, j, k. >> what in gods name do you think you are doing? you get a nigger an inch, he will take a mile. there is no need for you to be reading, boy. noted at all. -- no need at all. >> i understand. >> there is nothing more needs saying. [whimpering] >> i have little hope. more than two centuries of slavery, beyond the reach. >> get up. >> the only point is fear of death. >> figure me to resist me? -- do you mean to resist me? >> i shall not marry you as a slave. >> that i reckon we should go up north. >> if i am caught this time, board knows what might happen. -- lord knows what might happen. >> you will learn yourself a trade in a shipyard. there is work for you up there, and freedom. i saved up some. [train whistle] [applause] >> come up. [applause] >> frederick douglass is not my real name. i am a fugitive slave. that year i was born, i do not know. my mother and i were separated. [applause] >> have we been listening to a piece of property or to a man? will you allo

it will be on days two and days eight you will have to take this test and it will have to be a pcr teste accurate test, rather than the cheaper and less accurate lateral flow tests, which are the ones on a little stick. the government is also keeping the scheme which is called test release, which is where you are isolating at home, you can leave your home if you test negative after five days, and we will get more details about it from the health secretary matt hancock in the house of commons at around lunchtime. a few implications of this, it will make a family holiday very, very expensive because in theory, you could get a pcr test three days before you get on the plane to come back and then at least two test when you do come back. and a pcr test because about £120. 50 that could be well over £1000 for an average family. although the government would say that is the theoretical issue at the moment because under the lockdown regulations, it is actually illegal to go on holiday. but like all of these measures, it then raises a long—term question of, when you left these measures? find when

we will fight. we will fight the fighting hard. we will fight back. >> we call them out and we fight back. in this fight, i am fighting. i am fighting. get in this fight. get in this fight . and fighting, we all need to be in fight and stay in the fight. we stay in this fight, we fought back and we fought back. i am not afraid of a fight . i am in this fight all the way. and you don't get what you don't fight for. our fight, our fight. we are in this fight for our lives . this is the fight of our lives. do not but we are going to make sure that this fight does not in tonight. this is a fight for our lives. the lives of our friends and our families. in the members and the neighbors. it is a fight that we are going to work to make sure continues. >> it is a fight. it is a fight. it is a fight and that is what this fight is for party to. >> i'm worried about anybody is not doing their job for us. your dang right, i approve this message. >> and i will have lots of fights ahead of us and i am ready to stand up and keep fighting. it's a

will see how will we get out of this. quite well then i predict that you'll be sentenced to at least 10 years. they want the majority of activists or those involved in human rights activities to be in prison so be prepared for it. as you say you're a human rights and women's rights activist so they have their eye on you and. that's why i think the verdict will be severe it won't be lenient 5 years would be an acquittal in this case misha encompassing the full for the lead because of what i think an acquittal would be like condemning the enemy so they're not going to acquit us that i've started to put him myself or whatever happens the most important thing is that you guys come to visit me ringback. we'll come visit you we don't abandon anyone all of you. will be there all the time you'll be sick of us. god is with you and will be with us don't worry. these are really dark days. i won't annoy that i'm scared about the trial but what lies ahead can't be worse than what i've already experienced. the folly of all my keep thes

>> i will be up to the department of justice to determine. there will be an independent justice department to determine what any -- >> the something like this, does it seem come mitch mcconnell -- do these meet the bar for criminal prosecution? >> i am not going to speculate on criminal prosecution from the white house podium. the president is committed to independent justice department that will make their own decisions about the path forwar forward. [inaudible] >> the president on inauguration day said if you're as it which we've been here you treat another with disrespect come talk to some i promise you i will follow you on the spot. note ifs, ands or buts. he didn't fire tg on the spot. yet since resigned. has the president's position talking down or disrespecting others changed? >> i think the president leads by example and to try to do the same. on saturday when we announced that tj had resigned, something we all agreed was the right path forward, i'd be clearer every day we're going to try to meet the standards set out by the president

and how will that actually be done? will - later date. and how will that actually be done?lly be done? will that be controlled by people on earth, or will it be automated, looking around and picking up and grabbing these samples? film. and grabbing these samples? 0h, it'll be a human _ and grabbing these samples? oi it'll be a human endeavour. it's all human. there's a whole group of people here including myself and my family that are about to go on mars time. the mars day is a0 minutes longer than the earth day, so we will wake up and follow the sun on mars, and each day will receive information and we will make decisions on what precisely to do that day, then we follow that each day for the next three years. so it is — this is our avatar on the surface of mars, but the science that needs to be done, it does. and as you said, it's a big job to as you said, it's a big job to a efficiently use it. it’s as you said, it's a big “0b to a efficiently use it._ bi a efficiently use it. it's a big job. _ a efficiently use it. it's a big job. how _ a efficiently use it. it's a big jo

it will be published by the way and will be out soon. not long to wait. they did all of that, it did not work, but listen, that is just slightly what they have done. they made a list of trump voters that you can find online. they have tried to make sure that interns can never get a job in washington again. i was struck by a story by a gal named carol. she shared a story about how to get babies to sleep. so we are really interested in sleep. cara dumas plan had an instagram -- carol dapaupin -- a christian worship leader at a church in this country who had worship albums he had put out got a call this morning from his corporate distributor who told him they not going to distribute his album. what was his offense? he supported donald trump. this is what they're going to keep on doing unless we do something about it. the real question is, how did we get here. how do we get to the point where these oligarchs and massive corporations in talks with the left get away with doing what i think -- what they are doing? you know the answer to that. elected officials h

will economic activity bounce back rapidly or will tax revenues take a hit as unemployment rises?en said that if there are three economists there will be four opinions, and i am joined today by marc roche from france's le point and stephanie bakerfrom bloomberg. and here in the studio, at a safe social distance, the bbc�*s business editor, simon jack. thanks forjoining us and welcome to you all. in britain, the chancellor, rishi sunak, presents his budget next week. there's pressure from new conservative mps in the north, along with the labour party, for continued support through the pandemic and no tax rises. the hope is that economic growth and perhaps controlled inflation will do the trick. but what if it doesn't? could future low productivity, low investment or a rise in interest rates all pose dangerous risks, especially to jobs? simon, a big week ahead for the government — setting post—pandemic strategy and the first budget after brexit — what are you expecting? i think there are two main challenges. we are coming out of the worst slump in over 300 years, and we've moved fro

he will. we will be — in the darkness, won't he? he will.people. and so that is really important in potentially curbing the pandemic. secondly, we had really good protection right from a couple of weeks after the first dose, through to the second dose being given three months later, which tells us that there's maintained efficacy over that period. hello! hi. we're from woking council, on behalf of public health... but the news about variants is less reassuring. the surge in door—to—door testing in eight areas could now be extended to parts of bristol and liverpool, after new strains were found there that could be more resistant to vaccines. in scotland, the first minister said there would be a full lockdown until at least the end of the month, and that travellers arriving directly into scotland from any country will be asked to quarantine in a hotel, going further than measures announced in the rest of the uk. as we look ahead, we must learn from past experience. we now know, for example, that by earlyjuly last year, we had almost eliminated

we will keep some rain in the south and south—east of this weather front which will still be sittingto tomorrow morning. maybe fringing back into east wales through the day, but not nearly as wet as today. the further north and west you are, a mixture of sunny spells and showers, the showers most plentiful across the far north—west. another mild day. we are only in february, up to 15 or 16 celsius. a drier start to the new week, with a little ridge of high pressure temporarily building in. but there's another weather front on the way which will bring more heavy and persistent rain to northern ireland and parts of scotland. so, continued risks of flooding. to the south of the weather front, we are once again going to tap into some very, very mild air. 17 celsius is possible towards the south in the middle of the week. more rain on tuesday and wednesday for scotland and northern ireland in particular. hopefully it should be drier for all of us by the end of next week. but there are many flood warnings in force for england, wales and scotland, so you can check on the latest on our websi

chair powell: i will. i will be happy to. the independence of the fed from direct political control is an institutional arrangement we think has served the country well. that is why we have it. it is not something that is in the constitution. it is a practice we have. we do not engage in political discussions. we do not take politics into consideration or election cycles or anything like that. nonetheless we try to be extremely transparent and work hard to stay in contact with the body that has oversight responsibility in our system of government, which is the two committees on capitol hill. that is that where our oversight responsibility is and we take that seriously. rep. williams: i will turn my time back. i want to thank you for the job you're doing and appreciate the hard work you have generated the last several years. madam chairwoman, i yield my time back. rep. waters: thank you. the gentleman from iowa is now recognized for our five minutes. >> thank you chairwoman and thank you chair powell for being here. i want to

people need to accommodate the downside but will they do that? will people be patient? we will see. bitcoin price slipped a little as you were talking. thank you for your time, ven ram. 46 minutes into the european trading day. coming up, we will speak to the president of the euro group and irish finance minister, erik nielsen. we will discuss the relationship between the eu and the u.k. post brexit. this is bloomberg. ♪ anna: welcome back to the european market open, 49 minutes into the european trading session pointing modestly to the upside. the european union's finance ministers our meeting today as the bloc contends with a coronavirus that will not abate and economies in recession. the recovery plan will be a key part of the discussion. maria tadeo joins us with an important guest. maria: yes, good morning. we have a lot to talk about when it comes to the outlook for the european economy. i am joined by erik nielsen, group chief economist / global head of cib research, unicredit bank maria: i am joined by paschal donohoe, minister of finance, republic of ireland. this caught my

and they will make evaluations about what they perceive the impact will be . certainly look to them for that perspective. reporter: has the president been specific and concerns. psaki: the president's brief regularly on covid-19 any pass going about updates . up would not be surprised do not assess morning. i was not in the meetings with him this morning so i don't have an update on the briefing . reporter: so from my colleagues outside, we've received several questions on this prayed. [inaudible]. i know you've addressed this . but according to the president, to speak with the king context of the report . psaki: i am not going to preview his call the king. obviously they will cover a range of topics . we concluded a call i'm sure we will provide a renowned call to you . reporter: we were told that senator sanders before the announcement of her nomination and why. [inaudible]. psaki: we consulted in the process having worked in the confirmation statement. the process during the transition of nominees being selected, there often was consultation, limited number

as i said earlier, we will set out detail on mid march on the indicators that will guide us, and willrder in which we expect those parts of the economy which have been restricted to start reopening from the 1st of april. i want to set out the journey from here to the end of april. we envisage a progressive easing of the current level for restrictions that apply across most of the country and intervals of at least three weeks along with changes nationally on education and care home visiting. the immediate priority will continue to be the returning of schools. all of these will depend on an assessment that is safe to proceed. the first easing started yesterday with the partial return of schools. in addition, universities and colleges are able to bring back a small number of students, no more than 5% of the total numbers teaching is critical. we will ease restrictions on care home visitors and according to restrictions we set out at the weekend. indicative lead from march the 15th, we hope that this will include the next phase of school return which will start with the rest of primary sc

so what will happen is in fiscal year 21-22, 22-23, the grant amount will start to -- it will no longer be 450 per square foot. that's the full allocation amount. it will start to reduce. proposition j did allow for property owners to put in a clause into the leases that the property owner has with the legacy business program that should for any reason that the grant is not fully funded or not funded at all, they can void the 10 year obligation of that particular lease. we have about four businesses that that will affect and we also have numerous number of businesses that -- where there is a granted clause that if for any reason, the city is not able to fully fund the grant, then the business will then pay the additional -- the amount of money. and that is being done in the case where the grants are off-setting the rent that the business pays. so with that, i will stop there and see if there are any questions. president laguana, if you could see if there's any in the que. >> president laguana: commissioner adams? >> commissioner adams: so the total short fall we can take a year at a tim

though his presence will certainly be missed, we will find confidence knowing that his memory will always be with us. i now yield to my colleague, congressman kevin brady, ranking member of the house ways and means committee for a minute. mr. brady: thank you, madam chair. today, we gather as a grieving delegation and as a proud nation to recognize the life and legacy of our colleague and friend, congressman ron wright. texas born and bred, ron worked with and for the people of texas in some way for the past 21 years. throughout his courageous battle with lung cancer, his good spirits never faltered, and he remained a steadfast champion of his conservative principles. to many of us, it seemed like ron never had a bad day. in fact, the last two bills he introduced in congress, protected the unborn and sanctity of life, something ron always passionately supported. think about that. as his life was waning, he was protecting the lives of the innocent unborn. the people of texas lost a real fighter and we lost a true friend. kathy and i and our entire texas delegation holds ron's wife, susan,