let's get to annabelle droulers in hong kong. annabelle: thanks, manus. nds prime minister has lost a key election amid voter backlash amid his handling of the pandemic. last month, he predicted his see jp would win more than 200 seats in west bengal out of 292 up for grabs. in the end, itwon just 76. daily deaths in india hit a record yesterday. the country has become the first atop 400,000 cases in a single day. in the u.k., pressure is mounting on part minister boris johnson. he is under investigation over who paid for the refurbishment of his official residence. he has insisted that has been no wrongdoing. the conservatives in the polls ahead of local elections. the tory leader of scotland says johnson should resign if he is found to have broken the rules. the billionaire owners of manchester united facing a mass protest yesterday. hundreds of fans gathered at the stadium with dozens breaking onto the pitch to express their anger. it meant the team's match against liverpool had to be purse boned -- had to be postponed. global news 24 hours a day, on a

let's get to annabelle droulers.he has the first word. >> thanks, manus. in india, prime minister narendra modi is resisting pressure to lockdown the country, despite the surge in covid cases end deaths. everyone from political analyze -- allies to business leaders see it as the only way to stem the world's largest coronavirus outbreak. there is more easing of pandemic restrictions across new york and new jersey i cannot get. all day subway services will resume may 17 with capacity restrictions on restaurants, theaters and stores ending on may 19. new york governor andrew, described as a major reopening of economic and social activity. bill and melinda gates are getting divorced after 27 years of marriage. the two say they will continue to work together on the gates foundation they created, which has so far given away more than $50 billion. according to bloomberg's billionaires index, the pair were worth an estimated $146 billion. global news 24 hours a day, on-air and on quicktake by bloomberg, powered by more than

let's get a recap of the first word news with annabelle droulers. lle: taiwan is upping its coronavirus curbs. the capital is banning all on-site dining and drinking. outlets will only be allowed to serve take out or make deliveries. restriction on the island is also threatening to hit the global semiconductor market already facing an unprecedented crunch. only about 1% of its population is vaccinated so far. in germany, the green party candidate for chancellor has slipped in the new paul's amid a scandal after admitting to receiving bonus payments she failed to report to parliament. according to a poll published in bild, she would get 20% of the vote, still ahead of the social democrats and the cdu. iran is likely to extend a yuan nuclear inspections agreement by a month, buying diplomats in vienna to renegotiate the landmark deal. diplomats are saying that failing to extend the pact could scuttle wider discussions. republicans in the u.s. are saying that gap with the white house on infrastructure spending is widening. they panned a slimmed-down res

first word headlines with annabelle droulers.esident biden is being urged to reshape the leadership of the federal reserve including dumping device chair. criticized his record on banking oversights. she said the financial system will be safer when you are gone. his term as vice chair and sit in five months. president biden says he hopes for a deal on overhauling u.s. law enforcement. his comments came after he met with the family of george floyd on the anniversary of his murder. negotiations on capitol hill over new gestation is progressing the lawmakers did not meet biden's goal of sending a bill to him by tuesday. the u.k. could block some listings from the london stock exchange if they posed a national security threat. refusing math is said to -- the current rules allowed the russian oligarch to list his energy company in 2017. he is the subject of sanctions in the u.s. global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloombe

manus: thank you very much, annabelle droulers.mulling republican proposers to amend his infrastructure bill to pastor congress. biden's team met yesterday to discuss the latest counter offer. we caught up with the global sex senior investment strategist to get her take. >> i believe that we need to look at what the money is going for. if we are talking about, for example, and i'm just making this up, $2.5 trillion over 18-20 year period, which is what the civil engineers did. i don't think that's inflationary, for a couple of reasons. number one because is not being spent all at once, and number two, it's an investment in the future. you have to distinguish from spending that is spinning for spending sake versus spending to invest in the future. that includes infrastructure and research for sure, and education belongs in that category too. this is not a new concept. abraham lincoln who was perhaps the first infrastructure president, believed strongly that you need to invest in colleges, engineering schools, and you needed to inves

i'm annabelle droulers. this is bloomberg. paul: still to come, gaming firm nexon is on a $100 million bitcoin buying spree. ceo owen mahoney will tell us where they will be shopping for even more later on. next, the market outlook from wells fargo's brian jacobsen. he tells us why and what you should be buying in may. this is bloomberg. ♪ is bloomberg. ♪ shery: we are starting the month of may on the back of an incredible global rally. let's see where stocks are headed with brian jacobsen, strategist for will -- for wells fargo. great to have you with us. do you buy into sell and may go away? brian: the old adage of sell in may and go away, and something like you don't buyback until saint leger's day, something in september. maybe that worked when everyone took the summer off. you just didn't want to have to worry about what was happening with your portfolio while you were on vacation. i do not think that will necessarily work this year. it is not that reliable to begin with, but we do sometimes see some volatility around the

let's get a first word news update with annabelle droulers. nabelle: there are doubts that a patent waiver for covid-19 vaccines has enough support. the german chancellor has come out against the idea with a spokeswoman saying it would create severe complications for vaccine production. the wto will take up the debate. officials warn that talks could take months. japan is said to extend it state of emergency until the end of may. the measures covered tokyo and other major cities. they have been expanded to include two more regions hit by rising case numbers. they will now include 40% of the country's population. it comes less than three months before tokyo is set to host the olympics. bloomberg sources tell us the u.k. plans to offer under 40's and alternative to the astrazeneca vaccine. that's due to concerns due to blood clots. the decision could be announced today and comes as officials prepare to open vaccinations to those under 40. global news 24 hours a day on air and at bloomberg quicktake, powered by 2700 journalists and analysts in 120

annabelle droulers has the first word news from hong kong. e: the bank of england is tying down the risk of runaway inflation. governor bailey says the expected inflation will likely be temporary this year. that was echoed by one of his deputies, who said inflation will return to the bank's 2% target before it slows. the u.k. is starting formal preparations for a free trade deal with india. it wants to begin negotiation's later in the year as prime minister johnson seeks to prove the benefits of leaving the eu. they want a double trade between the countries between 2030. in 2019, it was worth about 23 billion pounds. amazon could announce its acquisition of the mgm movie studio as early as today. the e-commerce giant is in talks to pay a must $9 billion for the business, currently owned by hedge funds. that deal would bring a vast library of movies and shows to amazon, including james bond, pink panther, and rocky franchises. global news 24 hours a day on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in

annabelle droulers. annabelle: the plan to end england's pandemic restrictions on june 21 is in doubt according to the health secretary, matt hancock. he's warning that the covid variant first found in india makes up as many as three quarters of all new cases. he says lifting the rules will only happen if it is safe. japan is extending its state of emergency in a bid to reign in the infections ahead of the olympics. the restrictions on tokyo and other major cities will likely last an extra three weeks until june 20, little more than a month. japan seeing one of the slowest vaccination programs in the developed world. so far giving just over 10 million shots. there is another twist in the gates to divorce. when the pair announced their supplies split, they said they would be no changes to the $50 billion foundation. the boss of the philanthropic organizations that he's looking at ways to strengthen long-term sustainability and discussing what steps and bill and melinda might take. he said no decisions have

in the meantime, let's go to annabelle droulers with the first word news. annabelle: thanks, manus. there is no doubt the u.s. has undercounted the number of covid-19 debts. that is according to president joe biden's top medical advisor anthony fauci. he has also warned about the pace of vaccinations flowing, according to bloomberg's vaccine tracker, 46% of americans have had their first shot. melinda gates started working with divorce lawyers well over a year after the split was announced last week. the wall street journal says the move was partly over concerns over her husband's dealing with jeffrey epstein. the times reports that gates met with epstein numerous times. he claims the meetings centered on philanthropy. it is rare that "saturday night live" is a market event, but it was just that for crypto traders as it was guest hosted by the doge father himself, elon musk. he made these comments on those dogecoin. >> it is will take over the world. >> so it is harmful? >> yeah, it is harmful. annabelle: it was part of the roller coaster ride for the digital currency this weekend.

♪ haslinda: bloomberg's annabelle droulers. we want to bring you live pictures of gaza.mas could reach a cease-fire as soon as friday. of course, there has been mounting pressure, especially from the u.s., for that to happen. the u.s. along with egyptian and several other european nations, and qatar, have been working to pressure netanyahu and hamas leaders in gaza to end the military campaign. now we have dow jones reporting that israel and hamas could reach that cease-fire as soon as friday. getting back to the pandemic. the world health organization now says that covid-19 can spread through the air. this conclusion comes as scientists call for an overhaul of ventilation systems to prevent outbreaks of the virus. there is a study that says cleaner indoor air will not just fight the fundamental, it could also reduce the risk of other respiratory infections that cost the u.s. alone more than $50 billion per year. we have our guest, professor of technology joining us from brisbane. she is also a consultant to the w.h.o. thank you for joining us. give us a sense of what yo

your first word news with annabelle droulers. lle: the chinese sinovac shot is proving highly effective in a study in indonesia. it was 96% effective in protecting health workers from hospitalization, an encouraging sign for dozens of developing countries reliant on the shot. it performed far worse than western vaccines in clinical trials. >> we encourage our partners in government, in countries where vaccines are being used, to release such data as soon as possible. the results from the real world and the data we have from clinical trials will allow the world to judge our vaccine conference of the -- comprehensively. annabelle: australia's new budget aims to run the economy hot and hit low when employment levels rarely seen in the past 50 years. they are spending big on care for the infrastructure -- on infrastructure, care for the elderly, and tax breaks. france says talks are resuming with fishermen around jersey. last week, the u.k. and french navies were drawn to an increasingly bitter dispute over post-brexit fishing rights.

let's get to asia and annabelle droulers is standing by with the first word news. >> top j seven diplomats have singled out china in their communique after talking in london. calling on beijing to participate constructively in the system but also mention alleged human rights abuses, taiwan, and cyberattacks. you seven leaders are meeting in the u.k. next month. china is suspending its economic dialogue with australia. it's a low largely symbolic move . last month they decide to cancel the agreement between the belt and road initiative and the state of victoria. the latest blow to the relationship. officials are starting the latest data to work out which country should be added to a new green list of approved destinations. the details are expected to be announced tomorrow. 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. manus: coming up, a pinch me moment. that is next. this is bloomberg. ♪ >> i'm so grateful for my honesty from my partner, nick. when he joined me, we put tog

annabelle droulers in hong kong.resident biden hails what he caused a great milestone as public health officials say fully vaccinated americans can stop wearing masks. but in the u.k., a little bit more of an anxious feeling on what's going on with variant from india. there's a divergence across the transatlantic. that's coming up next. this is bloomberg. ♪ ♪ >> and today, with the cdc's guidance in terms of the relaxation of mask requirements, we think it's again going to be a big catalyst for growth and actually being able to put the number of people in our parks that we are more accustomed to. so it's very, very positive. our future bookings are looking really great. at walt disney world, they are already back up to fiscal year 2019 levels. annmarie: the view from disney ceo bob chapek after the u.s. government set fully vaccinated americans can dish their masks -- ditch their masks. president biden welcomed the new cdc guidelines, called the vaccination rollout a historical milestone. >> this reclamation -- recom