in india small businesses are fighting back against amazon india's powerful shopkeepers union has been trying to block amazon's entry into their 1000000000 euro markets with protests as well as legal and political action the battles yet to be decided. meanwhile china simply the tech giant out with its enormous file will. have been pursuing quite a radical protectionism and i have to say very successfully. in the world's largest domestic market to chinese counterparts to silicon valley's digital corporations have been a huge success and have gathered an immense number of users. so they get this algorithmic feedback effect in a very pronounced way. the chinese model is pushing digital capitalism very hard in its vast market. the overwhelming power of big multinational tech firms hold also challenges nation states western politicians are still looking for the right approach and the e.u. has imposed steep and he trusts penalties american politicians like elizabeth warren or bernie sanders is even calling for the internet tech giants to be broken up. that's a lofty promise and by the way 7

of climate change could look you directly in the eyes they are survivors the man from the amazon and from india. many of them lost their homes and possessions. but not their dignity. their waiting to return to their houses like florence abraham from nigeria. mendel met her in a transit camp she took him to a flooded house. she was a poker her home and her broker it was completely flooded there she lost everything . men don't offer her a few dollars in thanks for her willingness to take part in his photo project and i try to give her the money and she said to me no i don't want your money i want you to show the world what's happened to me. also wanted to show the world what was happening when he shot his 1st photos in the 1980 s. images of racial unrest in his home country south africa. over the years that it has evolved he gave up the austere black and white for color and distance himself from the long established photo essay style for magazines. he began to strive for instead of compositions as in his flood line series. there is some sort of following a lot of want to. the. that is a situation

reliant is also said to be eyeing amazon's partner in india. what are we hearing? mentioned ,-commerce ambitions of reliant it already has a partnership with amazon. it would really draw the battle and that willzon be interesting to watch. yvonne: are equities reported joining us with the latest in mumbai. coming up, the real estate outlook for asia-pacific. it owns nearly 3 million square feet of commercial space. we will hear from the ceo. this is bloomberg. ♪ yvonne: the ceo of one of asia's biggest real invest -- real estate investment trust said she's positive on hong kong in the long-term. wong said parts of the embattled retail sector are picking up, but she still sees challenges ahead. longer-term the impact of the virus from see encouraging improvement in the retail theiment, especially after relaxation in social distancing. mall is back to 80% year-over-year. of the office, we see that most people are already coming back to work. the longer-term impact of the office is lightweight and see. yvonne: are you still hearing there's greater need when it comes to

in the amazon jungle what if they help to uncover. yes india in the remote areas from peru we've got a serial child and we've got deforestation we've got drug trafficking producing cocaine but the main problem here though we've got illegal mike whatever done much we do to that territory by li of mining it will stay there for sara 100 years so it turns like a new gun survey in these remote illegal mines but they also let you go in under tax it yeah definitely the doing which makes a big difference because it particularly in this remote is an area that conventional medical are using planes or helicopters in the case of peru in our military's armed forces we've got helicopters but very noisy so when they even start the engine everybody and their uncle knows what's going on but when we use our drawings we can be on the year 2 or 3 hours and then we come on the door everything that they were doing without they even notice so with all this information we go through our story and we show where they were doing not only this week but the previous week t

amazon is in early discussions over 5% holdings. buying intobeen indiaing a holding. microsoft reportedly weighing a similar move. david: friday is not off to a flying start that we had for the most part of this week. put it together and we are the lines 4% despite that we are seeing now. of the hong kong dollar, the are trading toward the stronger and -- end. essentially on the fence. we will talk about what the ecb did overnight, exceeding expectations. modeston track for a start to the chinese session. features down about 30 points, traded over in singapore. let's talk about the ipo story in hong kong. next week will be big. jd.com filing for its hong kong shares. week.out of next the offering comes amidst the political potential threat to chinese companies in the u.s. we are joined by capital markets reporter to talk us to the latest of these stories. where do we start? what does this mean for the market in hong kong? definitely a good time for these deals to be coming to hong kong right now. there are tensions between the u.s. and china, casting a b

that the amazon is the lungs of the planet if the amazon disappears we will also disappear humanity will disappear. still hurt the anti china protests in india after a deadly skirmish ignited decades of simmering tension over a disputed border. join me every thursday on the alex simon show and i'll be speaking to guest on the world of politics or business i'm show business i'll see you then. and welcome back this is our international now we have some good news from britain where medical chiefs are advising that lowering the country's coronavirus alert level from 4 to 3 this means that there could be a further gradual relaxation of restrictions as transmission of the virus is no longer thought to be high or rising exponentially a survey alongside that though suggests doctors confidence in the government's handling of the outbreak is still slipping in april 35 percent of general practitioners in england thought negatively of the government's response but this month that number surged to around 6 in 10 doctors the government itself holds the opinion that the right measures were taken to handle the disease g p z gave us his thoughts. for all my

amazon. shares up 1.3%. we are watching the bank of india and larson today. all seeing gains. likes of oil, which has begun another story. we continue to watch the price of this rally. it seems like right now in the last two days, we have hovered around 37 for nymex crude. newsor brent as well on opec-plus may be set to extend output curves after a breakthrough with iraq. our energyo reporter. tell us why. why has it taken opec so long to agree to these curves? >> this is been the classic opec problem. it has been going on for decades. this issue where there is a big group of people. they agree to cut the oil price. prices rise. one or two of them say prices are rising, maybe i can make some more money. this time around, it has been iraq that is the main offender. it has not lived up to its promises. saudi arabia and russia who have got fed up with it this week. they drew a line in the sand and said iraq needs to start complying or we cannot move forward. it has been tense all week. as of right now, it looks like iraq is going to agree to comply. we do not know exactly how. ru

amazon. creates investment is to an alibaba of india or a tencent of india.mpany has the potential to make that possible. manoj, there are likely to be other companies ,hat will be likely to follow but tell me, what are the biggest dangers of the regulation looking ahead? we found that in the tele-communication sector with taxes. is that one of the biggest roadblocks do you think for people to invest in india? because we just don't know what happens down the line as the country has in the past shop itself in the foot? >> correct, correct. investment is less about the telecommunications infrastructure, but more into the digital services and the future digital economy. the telecommunications is the foundation on which they are building the next generation of services. yes, you are right. telecoms was responsible for this huge pricing pressure that resulted in so much pressure on the operators and their ability to pay taxes. i believe we are at the tail end of being able to resolve this and move ahead. ahead, vodafone still has some challenges in paying the past

amazon is the lungs of the planet if the amazon disappears we will also disappear humanity will disappear. still ahead on r.t. international anti china protests in india after a deadly skirmish ignited decades of simmering tension over a disputed border today with. this is all about bailing out the banks on wall street and why because they are the biggest picture bidders and owners of the fed the fed is bailing itself out this fed owns all these stocks the fed has all these loans the fed owns all these bonds when it prints money and keep zombie companies alive it's to keep itself alive it turned to money for itself and by the way who's a huge shareholder in all this nightmare jay powell jay powell was brilliant self-doubt why can't people who are underwater on their mortgages or just been laid off in america simply print money to bail themselves out like a pal is printing money to bail themselves out that's not right is it. you can't be both with the. welcome back this is r t international now better news from england where medical chiefs are advising lowering the country's coronavirus alert level from 4 to 3 this means that there could be a further g

and india is the heathrow via a sprawling infrastructure project involving the dredging of 3 major tributaries of the amazon and to create 3000 kilometers of deep channels along the river wide enough for larger ships. a peruvian chinese consortium has been set up to manage the project which is due to start soon. we're building an extensive system of waterways that will open up new opportunities right now when the water level is low ships can only operate during the day night this project will greatly improve transportation links. but that's still all in the future for the time being traders and passengers remain dependent on boats like the water the 3rd. it will take 3 days and 3 nights to make it to you keep those assuming nothing goes wrong. sign as is the ship's captain he's been sailing the amazon for 25 years. for him it's not just a job but a calling. the world cup i mean another navigating your way along these rivers is a real art. i inherited the talent from my father for a little i'm the only one of his sons to have carried on the tradition and i hope that the generation after me will continue it t

india digital services taxes that could lead to tariffs being imposed on the country's exports. joining us with maurice michael mckee, bloomberg international -- joining us with more is michael mckee. apple,e google, amazonthrough the logistics. anhael: this has been ongoing dispute between united states and the rest of the world. the idea is european countries feel clung -- commerce is being done across national lines by these internet companies and it should be taxed, notwithstanding the fact they also need the money and they would like to raise additional cash. the french put forward a tax proposal and the u.s. threatened the same sanctions. the sides agreed to negotiate. what they are trying to do is come up with a worldwide agreement about how you tax international trade like that. in the meantime, other countries like spain have adopted a digital tax framework they would use if there is no international agreement reached. the administration pushing back on that. what they have said is they will -- a do wetion 301 see harm to american companies investigation that could be the predicate for some kind of trade sanctions. it would probably be be a long time before any kind of tariffs would be imposed.

india only wants peace but when provoked will give an appropriate answer. talks are underway. north korea released its pictures of the destruction of us jointly amazon- joint liaison office, warning of potential action against the south. the office was open to two years ago and was not occupied at the time of the explosion. north korea says it will send troops to the border, reinstall guard posts, and reduce military exercises. the fed chairman is urging lawmakers not to pull back too quickly on relief for the coronavirus and made them debate over whether to extend programs intended to shield homes and businesses from the pandemic. he told the house financial services committee that he thinks it is a concern if they remove support too early. powell says the economy is recovering but federal aid is still required. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. haidi. wall street has different opinions when it comes to the feds move and whether it can continue to drive stocks higher in the following months. dani burger reports. broken

amazon, they are under pressure there. stuart: would it be fair to say that america is now at odds not just with the european union but with other allies like india, for example, all these countries want to tax american companies which do business in their country? they say that's legitimate. so we are now at odds with much of the world. susan: yes. a lot of our long-standing allies as well. also, trading partners that have been on good relations but why are they taxing american companies? shouldn't they be focusing on innovating and maybe producing their own apple, amazons and alphabets in the future? stuart: i think their argument is you do business in this country, you make a profit in this country, you've got to pay tax in this country. i think that's their argument. although i agree with you, why don't they create an apple themselves. why don't they do a facebook themselves. susan: america is the biggest market in the world. if they are going to tax them in their own home countries, if they want to do business in the u.s., the government can have a say here too, right? stuart: yes. let's hope we're not in for a round of tit for tat tariffs a

india/china border. 1,012. boeing, premarket, that stock is up 8.9%. it's been all over the place recently, but that will really help the dow because boeing is a dow stock. look at amazonlowing that remarkable retail sales number, up 17% in may. we're above the $2,600 a share mark right now. remember, please, one tech watcher said it's going to go to $3,000 a share. >>> all right, news is coming thick and fast. here we have from the airlines delta's up 8%. lauren, delta's bringing back flights to china, is that right? lauren: starting next week, delta is going to fly from seattle to shanghai, and right after that from detroit to shanghai. and a few weeks later, united will start their service to china. so it's going to be a total of four u.s. flights aing week to china and, of course, both sides is have eased their restrictions on allowing flights to each other's countries. stuart: tell me about united. have they got a no mask, no fly policy? lauren: yes, they do. if you are not wearing a mask while you are on a united flight, they are going to gently tell you please wear your mask, nudge you a couple of times x. then if you decide you're not going to obey, you will be