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Oct 12, 2020
10/20
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whenever the chinese government wants to put australia back in day,ox, at the end of the australia issmall player and we need to understand our place. normally, the chinese government targets thermal coal. sometimes the rhetoric is far less than material than the reality so we don't know how significant this will be. china threatened this a year ago and we saw no material impact on the markets, but it could happen, it might not. at the end of the day, there are other customers. as china is highlighting, there are other suppliers. coal is a commodity so i think the far bigger threat is the decarbonization plan president xi has announced. when i look at china, the biggest solar company in the world in china and its share price has gone up 300% this year. that suggests the financial markets are backing president xi's decarbonization strategy and that will mean china will double down on its solar and wind and decarbonization investments overall. that becomes the long-term death note of the seaborne thermal coal market. shery: how much will it affect chinese steel makers that depend heavil
whenever the chinese government wants to put australia back in day,ox, at the end of the australia issmall player and we need to understand our place. normally, the chinese government targets thermal coal. sometimes the rhetoric is far less than material than the reality so we don't know how significant this will be. china threatened this a year ago and we saw no material impact on the markets, but it could happen, it might not. at the end of the day, there are other customers. as china is...
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Oct 25, 2020
10/20
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will impact australia with respect china. bloomberg. ♪ paul: escalating tensions with pandemic andal fracturing race relations. it appears we are seeing a turning point in history but what will the world look like after the election and what is the impact on australia. joining usyou for today. we have president trump speaking right now to some halloween celebrations at the white house. said not so long ago that this is the most important election in history. it feels like we hear that tagline every election but is it spot on this climb -- this time? >> i think it is spot on for a way that hasn't been for a long time. if there's going to be another four years of donald trump, america's friends are going to be worried. and's havealia talked up -- australians have talked up a trump presidency, but for the most part there is a fair bit of apprehension here or trump to be rewarded with another four years. trump presidency has upended alliances. australia going through a tough patch with china. biden win trump or alter the picture?
will impact australia with respect china. bloomberg. ♪ paul: escalating tensions with pandemic andal fracturing race relations. it appears we are seeing a turning point in history but what will the world look like after the election and what is the impact on australia. joining usyou for today. we have president trump speaking right now to some halloween celebrations at the white house. said not so long ago that this is the most important election in history. it feels like we hear that tagline...
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Oct 9, 2020
10/20
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last summer broke records in australia.s six states temperatures topped a0 degrees celsius. the intense heat helped to create mega blazes, where two or more bushfires meet. villages in the blue mountains, just 50 minutes‘ drive from sydney, were at the mercy of the flames. that's massive, man. i have never seen that before. i actually noticed when a small spot fire started up, maybe 400 metres away from where we were, there was a helicopter, water bomber, picked it up, actually was trying to put it out, but the bush was so dry it had no hope. and then, very quickly, it started spotting even closer, and, within minutes, suddenly there were huge flames bearing down on us. the noise of the fire we could hear coming up the valley, the embers were getting thicker and falling faster, erm, and then we could actually see flame. yeah, spot fires galore down here. we're talking about 60, 70—metre flame height. 60, 70—metre flame height. radio chatter copy that. captain duff led a team of male and female volunteer firefighters. this w
last summer broke records in australia.s six states temperatures topped a0 degrees celsius. the intense heat helped to create mega blazes, where two or more bushfires meet. villages in the blue mountains, just 50 minutes‘ drive from sydney, were at the mercy of the flames. that's massive, man. i have never seen that before. i actually noticed when a small spot fire started up, maybe 400 metres away from where we were, there was a helicopter, water bomber, picked it up, actually was trying to...
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Oct 31, 2020
10/20
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ALJAZ
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they say it's a form of the system's missing in western australia is giles. saying we need to get this type of meeting in a neutral. and christmas. has kids with their. they have that i 3 out of 4 people living below the poverty line since the 1st peoples have been to child have been to jail and likely to go again. unless we actually support them in the ways that we have to. the reality is that their issues are so deep their issues are so damaging so hurtful so toxic so alon that they need support they need to be validated and unless we go to them and this we work with them they've got next a little. across town montana kelly a grandmother who was struggled with homelessness for years just wants a shoulder to cry on. her son charlie committed suicide and the other 2 sons are in giles. witnessing it here yesterday. people and if you have to presume. said the city for an hour. i. don't. see how meant. to leave my world the time. it had my son but. it was i said my son is this so you stay. and use gave now you get a. new response. in hell both little man. is tur
they say it's a form of the system's missing in western australia is giles. saying we need to get this type of meeting in a neutral. and christmas. has kids with their. they have that i 3 out of 4 people living below the poverty line since the 1st peoples have been to child have been to jail and likely to go again. unless we actually support them in the ways that we have to. the reality is that their issues are so deep their issues are so damaging so hurtful so toxic so alon that they need...
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Oct 3, 2020
10/20
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ALJAZ
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lot of trial and in australia and there were 2 tribes located just off the coast here at meridian. and lee the historic treasures date back between 7 and 8000 years ago but more importantly it control our belief and our history to our political absolute in areas that are now you know under water today the sea level rise. rio tinto sea as i'm sure you know was recently fired because of destruction of the jew can cause were you surprised by this move no i think we weren't surprised you know you know you know with regards to marriage you know i think you know it it just now puts a little bit of more of an international and national law. you know spotlight on top of activities that are done. by mining companies across australia and i think more importantly around the world as well and you know if you just say you know you know us here in australia that that dish you know unfortunate occurrence you know incident shouldn't have occurred and it just means that you know we have to be diligent now in ensuring or avoiding you know these type of incidents in the future so i think you are plea
lot of trial and in australia and there were 2 tribes located just off the coast here at meridian. and lee the historic treasures date back between 7 and 8000 years ago but more importantly it control our belief and our history to our political absolute in areas that are now you know under water today the sea level rise. rio tinto sea as i'm sure you know was recently fired because of destruction of the jew can cause were you surprised by this move no i think we weren't surprised you know you...
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Oct 4, 2020
10/20
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it is here in australia, a long weekend. seen these pictures of beachgoers flocking in concerning numbers. there is concern with the of people abandoning social distancing restrictions. >> normal you think when you it is a beautiful day you are out at the beach and the risk of exposure is lower and you are to transmit, but when you get large numbers of people together, it is hard to transmit. they will have to take that seriously. give us the latest on president trump's health. we understand he is receiving some state-of-the-art treatment with some medicines that the wider public would not know about. treatmentnt trump's is absolutely different than a most anyone else in the world would get. most powerful man in the world. he's getting his medicine in the way that no one else is and in a way that hasn't been studied. if he is getting these medicines and is not having the serious symptoms, it is concerning. it is also concerning if he is having serious symptoms. we are not sure what is going on. as the days come, hopefully we
it is here in australia, a long weekend. seen these pictures of beachgoers flocking in concerning numbers. there is concern with the of people abandoning social distancing restrictions. >> normal you think when you it is a beautiful day you are out at the beach and the risk of exposure is lower and you are to transmit, but when you get large numbers of people together, it is hard to transmit. they will have to take that seriously. give us the latest on president trump's health. we...
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Oct 16, 2020
10/20
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ALJAZ
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as well so you're perfectly qualified to take us through all of this and i i will focus more on australia in a moment but let's start broad brush here this and i'm using the word very loosely here diplomacy track that china is taking at the moment why such an assertive track i mean it's it's the type of thing which you just feel can only sort of end in in trouble well i think you're right i think it's acute embarrassment. to the fact that they mishandled the current situation in. a little spread to iran and italy and all the rest of the world 'd and so i think there's a. great feeling of embarrassment that occurred and for the best form of defense is attack and so they've been 'd doing this was diplomacy attacking 'd everyone basically not wanting to be on the on the back thought because of the way that the layout code to spirit or move on to the rest of china to the rest 'd of the world ok so let's flip it around there and do bit of devil's advocacy here china was and i'm not going to say who started what here but as come under constant attack from particularly donald trump over the so-c
as well so you're perfectly qualified to take us through all of this and i i will focus more on australia in a moment but let's start broad brush here this and i'm using the word very loosely here diplomacy track that china is taking at the moment why such an assertive track i mean it's it's the type of thing which you just feel can only sort of end in in trouble well i think you're right i think it's acute embarrassment. to the fact that they mishandled the current situation in. a little...
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Oct 5, 2020
10/20
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haidi: still ahead, plenty more on australia's big day.e have the delayed budget delivery as well as an rba decision. bill evans joins us after pushing back his rate calls and what he sees of less support for action. and volatility is presenting buying opportunities. we get her market outlook, next. this is bloomberg. ♪ shery: u.s. stocks kicked off the week with the biggest gain in nearly a month. stocks are advancing even as volatility inches higher and remains at elevated levels. joining us to size up the investment environment is nicole webb from wealth enhancement group new york. great to have you with us. our viewers are looking at the vix volatility index. the chart on the bloomberg also showing you the november vix contract and that is really remaining elevated as opposed to the november -- the october and september contract. the vix, despite the rally we have seen, it stays around the 25 to 30 level. how can you really take advantage of this volatility and where do you find the opportunities? nicole: absolutely. i think all signs
haidi: still ahead, plenty more on australia's big day.e have the delayed budget delivery as well as an rba decision. bill evans joins us after pushing back his rate calls and what he sees of less support for action. and volatility is presenting buying opportunities. we get her market outlook, next. this is bloomberg. ♪ shery: u.s. stocks kicked off the week with the biggest gain in nearly a month. stocks are advancing even as volatility inches higher and remains at elevated levels. joining...
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Oct 17, 2020
10/20
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ALJAZ
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detained in these so-called reeducation camps or shin jang and more in china's part of the world australia taken a hit to prime minister scott morrison called for an investigation into the origins and the handling of the corona virus that sent china relations to a new low china immediately banned astray and beef imports it launched investigations into bali and why it even warned its citizens not to travel to australia at this point you have to say the word diplomacy is starting to look entirely misplaced. and all of this hasn't gone unnoticed earlier this month the secretary sent my pompei and met his counterparts from australia india and japan so-called quad meeting seen as a front against an increasingly assertive china we're going to go to australia for our 1st guest him harcourt the j w neville fellow in economics at the university of new south wales in sydney also was the chief economist of the strain trade commission for over a decade worked for the reserve bank as well so you're perfectly qualified to take us through all of this and i i will focus more on australia in a moment but l
detained in these so-called reeducation camps or shin jang and more in china's part of the world australia taken a hit to prime minister scott morrison called for an investigation into the origins and the handling of the corona virus that sent china relations to a new low china immediately banned astray and beef imports it launched investigations into bali and why it even warned its citizens not to travel to australia at this point you have to say the word diplomacy is starting to look entirely...
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Oct 11, 2020
10/20
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haidi: good morning and welcome to daybreak australia. we are counting down to asia's major markets open. shery: i am shery ahn. haidi: stimulus talks remained deadlocked in washington. president trump says republicans are having a hard time with nancy pelosi. she says that the current offers are grossly inadequate. pressure as they moved to calm the market. they will maintain normal monetary policy for as long as possible. president trump plans a campaign event in orlando as his doctor says he is not a transmission risk. australia debates evening travel curbs although the u.s. and europe are not on the list. shery: u.s. futures are coming after, down about 0.25%, we saw the biggest weekly increase in u.s. stocks since july. president trump an offer to democrats. nasdaq's futures under pressure. we have some deals among chipmakers leading them higher. take a look at what oil is doing at the moment. we continue to move downward. still at the $40 per barrel level. the biggest weekly gain since june. hurricane delta and libya saying that the
haidi: good morning and welcome to daybreak australia. we are counting down to asia's major markets open. shery: i am shery ahn. haidi: stimulus talks remained deadlocked in washington. president trump says republicans are having a hard time with nancy pelosi. she says that the current offers are grossly inadequate. pressure as they moved to calm the market. they will maintain normal monetary policy for as long as possible. president trump plans a campaign event in orlando as his doctor says he...
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australia's relations with its biggest trading partner and that's china are at their lowest point in decades some people down under see this as an opportunity to cut to the overreliance on china but are they being too optimistic. australia's call is unwarranted in china their biggest market chinese power companies and steel mills are canceling orders. chinese ports are also apparently turning away australian shipments following orders from authorities. the motive behind these moves is not yet clear critics say the timing isn't surprising coming just days after australia took part in a meeting of the quad in tokyo a grouping that also includes japan the u.s. and india they're concerned about china's growing influence and assertiveness in the region. the court has a positive agenda to diplomatic nitwit that assists us as democracies to align ourselves in support of she'd interests we believe in a region governed by rules not. some australian politicians say it's high time to cut their economic over an alliance are in china after all china is australia's biggest trading partner by far t
australia's relations with its biggest trading partner and that's china are at their lowest point in decades some people down under see this as an opportunity to cut to the overreliance on china but are they being too optimistic. australia's call is unwarranted in china their biggest market chinese power companies and steel mills are canceling orders. chinese ports are also apparently turning away australian shipments following orders from authorities. the motive behind these moves is not yet...
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Oct 7, 2020
10/20
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debt issuance plan from australia.steady after the big rally we saw overnight that pushed the curve flatter. yields can go lower from here, above 290-year back basis points. bonds -- bond yields tightening for a third straight session. more corporate's are tapping debt markets, including baidu, in anticipation of market anxiety easing. asia dollar bond sales topping $274 billion this year. set to holdsw steel investment calls. china now.s turn to negative perceptions of the country have reached new highs in the u.s. and other major economies according to a global survey by the pew research center. comee seeing global views as national leaders criticize china's early handling of the covid-19 pandemic as well as the country's human rights record an increasingly its stance in international affairs. let's bring in a center fellow at stanford university who international university. great to have you with us. china made more enemies with policy and9 pandemic what does this mean going forward, not to mention global geopoliti
debt issuance plan from australia.steady after the big rally we saw overnight that pushed the curve flatter. yields can go lower from here, above 290-year back basis points. bonds -- bond yields tightening for a third straight session. more corporate's are tapping debt markets, including baidu, in anticipation of market anxiety easing. asia dollar bond sales topping $274 billion this year. set to holdsw steel investment calls. china now.s turn to negative perceptions of the country have reached...
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Oct 26, 2020
10/20
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. ♪ >> welcome to daybreak australia.'m paul allen in sydney and we are counting down to asia's major market open. shery: good evening from new york, i am shery ahn. paul: top stories this hour. stalling aid talks in washington drag on wall street with the s&p 500 posting its biggest decline in the month. itrgy and industrials taking down almost 3% at one point. jack ma said to surge up the wealth table after a mega dual ipo. expecting to raise almost $35 billion in hong kong and shanghai viewed sheldon adelson rolls the dice in las vegas. he is said to be extorting the sale of his flagship casino which cost more than $6 billion. shery: let's get started with a quick check of the markets right now. we are seeing u.s. futures opening pretty flat after we saw u.s. stocks falling the most in the month and the regular session. the s&p 500 down 1.9%. it was the biggest drop since early september. we have the ongoing fiscal stimulus impasse, now on its third month. we also have surging coronavirus cases. boeing falling on china
. ♪ >> welcome to daybreak australia.'m paul allen in sydney and we are counting down to asia's major market open. shery: good evening from new york, i am shery ahn. paul: top stories this hour. stalling aid talks in washington drag on wall street with the s&p 500 posting its biggest decline in the month. itrgy and industrials taking down almost 3% at one point. jack ma said to surge up the wealth table after a mega dual ipo. expecting to raise almost $35 billion in hong kong and...
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Oct 16, 2020
10/20
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BLOOMBERG
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has an affinity with australia. we have positive connotations with australia.hey play cricket, albeit very badly. they play rugby, albeit very badly. we like them. it is perceived as being positive. --: jon jonathan: guy laying into australia. unbelievable. tom: did you see that? jonathan: i know. [laughter] onlygot two digs in their aussies. i just think this morning is totally ridiculous on two issues. fiscal in washington, posturing. brexit, posturing. does anyone actually want to make policy? guy: therein lies the problem. we need, particularly at this moment, given the economic hardships that everybody is experiencing, we need clearly defined policy. that seems to be where we are certainly struggling at this point to find guidance. you can see it everywhere. certainly the u.k. at the moment, as we talked about yesterday, i don't think i have ever felt this country less united. in the first wave of covid, everybody was pulling together. now in the second wave, you've got this regional strategy, and that isn't working. as jon said earlier, it is a similar st
has an affinity with australia. we have positive connotations with australia.hey play cricket, albeit very badly. they play rugby, albeit very badly. we like them. it is perceived as being positive. --: jon jonathan: guy laying into australia. unbelievable. tom: did you see that? jonathan: i know. [laughter] onlygot two digs in their aussies. i just think this morning is totally ridiculous on two issues. fiscal in washington, posturing. brexit, posturing. does anyone actually want to make...
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Oct 7, 2020
10/20
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BLOOMBERG
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take a look at australia.ve deficit spending plan to jumpstart the economy, but critics say it fails to target the most crucial problem. we will hear from the finance minister next. this is bloomberg. ♪ yvonne: tax cuts for millions of australians in a plan to boost employment for young people headlined australia's blowout budget. the taxes are ineffective in the measures won't be enough to tackle the jobless rate set to peek at 8%. us theance minister told economy remains fundamentally strong. ourinda: our account -- >> economy was in good shape before the pandemic. our economy continue to grow at a time when other economies were struggling. we were in our 29th year of continued growth. and the fundamentals and the australian economy remains strong. we have been pursuing a progrowth, pro-opportunity agenda, including by pursuing a very ambitious free trade agenda . giving our dues is the best possible access to key markets around the world. lifting the proportion of our trade that is subject to free trade agr
take a look at australia.ve deficit spending plan to jumpstart the economy, but critics say it fails to target the most crucial problem. we will hear from the finance minister next. this is bloomberg. ♪ yvonne: tax cuts for millions of australians in a plan to boost employment for young people headlined australia's blowout budget. the taxes are ineffective in the measures won't be enough to tackle the jobless rate set to peek at 8%. us theance minister told economy remains fundamentally...
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Oct 26, 2020
10/20
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aviation -- in australia. alice springs emerges as the ideal place to store passenger planes left idle by the coronavirus. shery. shery: breaking news out of south korea. we are getting the preliminary third-quarter gdp numbers and we are seeing the quarter on quarter -- the economy has grown 1.9%, which is beating expectations of 1.3% and this is also coming after its first recession since 2003. we saw a contraction of more than 3% in the previous second quarter. you're on your, still a contraction of 1.3% but it's a much smaller contraction than was expected and it is also a contraction that has eased from the previous quarter. we have seen growth and strength when it comes to south korea's exports and manufacturing industries. third-quarter manufacturing actually growing 7.6% quarter on quarter when you look at the details in the gdp numbers. we have seen the rebound in china. south korea's biggest trading partner helping in the recovery in exports and investment, now quarter on quarter, the economy growing
aviation -- in australia. alice springs emerges as the ideal place to store passenger planes left idle by the coronavirus. shery. shery: breaking news out of south korea. we are getting the preliminary third-quarter gdp numbers and we are seeing the quarter on quarter -- the economy has grown 1.9%, which is beating expectations of 1.3% and this is also coming after its first recession since 2003. we saw a contraction of more than 3% in the previous second quarter. you're on your, still a...
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Oct 28, 2020
10/20
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BBCNEWS
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in fa ct, australia in september.as now been sending more than once thousand trucks a day laden with coal. but analysts are warning that the practical difficulties of getting coal from goalie may actually force china to rethink the ban overtime. there they're all sorts of logistical difficulties for example. expenses around transferring coal from golly. and expenses around transferring coalfrom golly. and this is likely to create discussions around relying more on domestic coal if they can no longer access australian coal. thank you. at the height of the pandemic 9.6 millionjobs in the uk were furloughed through the job retention scheme where the government paid 80% of staff wages. the scheme ends later this week and some fear it has simply delayed redundancies rather than saved jobs. our business correspondent sarah corker has been catching up with workers who were furloughed on the original scheme to find out whether they have been re—hired, made redundant or changed jobs. backin back in the kitchen after six months
in fa ct, australia in september.as now been sending more than once thousand trucks a day laden with coal. but analysts are warning that the practical difficulties of getting coal from goalie may actually force china to rethink the ban overtime. there they're all sorts of logistical difficulties for example. expenses around transferring coal from golly. and expenses around transferring coalfrom golly. and this is likely to create discussions around relying more on domestic coal if they can no...
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Oct 29, 2020
10/20
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FOXNEWSW
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australia, the lockdowns did not come at no cost. from the lockdown there were a percent increase in suicide attempts. and newborns with heart problems could not get medical services because of restrictions in travel because of the lockdown and the cutting back of needed medical services for cancer and diabetes patients. >> laura: also, is there any evidence that a lockdown has ever of a nation as large as the united states would be feasible unless you call out the military? or that it will work? you would open the country at some time, correct? >> yes, no locked in history ever eradicated disease. even like australia an island continent. they are not disconnected from the rest of the world. in the united states zero covid is not possible. it would come at too high a cost. you would have to destroy the nation to get to that point. >> laura: a lot of people think that's part of the goal to force new social change. california can you know well, governor newsom has restrictions in place about how can celebrate thanksgiving. it's like a
australia, the lockdowns did not come at no cost. from the lockdown there were a percent increase in suicide attempts. and newborns with heart problems could not get medical services because of restrictions in travel because of the lockdown and the cutting back of needed medical services for cancer and diabetes patients. >> laura: also, is there any evidence that a lockdown has ever of a nation as large as the united states would be feasible unless you call out the military? or that it...
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Oct 5, 2020
10/20
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we are getting australia trade numbers out today. gaining ground for a sixth consecutive session. we are seeing futures mixed at the moment. nikkei futures gaining ground. we have the japanese yen at the weakest level in weeks but they have given up some of those earlier gains. haidi. some more's get market analysis from jp asset management. carrie craig is with us. let's start off with the news of the day. he would have seen live pictures of president trump walking unassisted out of walter reed medical center, embarking on marine one, and now is back at the white house to self-isolate for an unspecified period of time area we have seen suggestions that joe biden has come out further in on. are the markets potentially pricing info a clear-cut biden victory, which would send the stocks?d positive for >> the markets have priced out some of the fears around a contested election. they might be turning towards the likelihood of a joe biden when given how the polls are going. i would push that down a little bit given a lot can happen in th
we are getting australia trade numbers out today. gaining ground for a sixth consecutive session. we are seeing futures mixed at the moment. nikkei futures gaining ground. we have the japanese yen at the weakest level in weeks but they have given up some of those earlier gains. haidi. some more's get market analysis from jp asset management. carrie craig is with us. let's start off with the news of the day. he would have seen live pictures of president trump walking unassisted out of walter...
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Oct 6, 2020
10/20
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♪ >> a very good morning and welcome to "daybreak australia."e are counting you down to asia's major market opens. shery: evening from bloomberg world headquarters in new york. slide as president trump pulls the plug on stimulus ,alks until after the election spurning calls for urgent fiscal action. the rba signaled for their willingness to ease. and the other big story at this hour -- lawmakers in washington take aim at the power of big tech. an antitrust investigation says they are abusing their dominant status. check let's get a quick of the markets. we are seeing u.s. futures down at the open, extending gains after we saw the regular session seeing a bearish reversal at your -- after trumps of fire called off negotiations. already, market have been trading mixed and about flat after the fed chair's cautious tone on the economy, warning that too much support was better than not enough. the s&p 500 saw the largest drop in two weeks and fell to session lows after the president ended stimulus talks. the losses were led by discretionary talks. ai
♪ >> a very good morning and welcome to "daybreak australia."e are counting you down to asia's major market opens. shery: evening from bloomberg world headquarters in new york. slide as president trump pulls the plug on stimulus ,alks until after the election spurning calls for urgent fiscal action. the rba signaled for their willingness to ease. and the other big story at this hour -- lawmakers in washington take aim at the power of big tech. an antitrust investigation says...
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Oct 18, 2020
10/20
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BBCNEWS
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there is a different picture in australia.second most populous city, melbourne, will see a further easing of restrictions. the premier of victoria, daniel andrews has announced groups of up to ten people from two households will be able to gather in outdoor public places, while in regional areas, hospitality businesses will be able to host up to 40 customers indoors and 70 outdoors. our news reporter tanya dendrinos told me more about the easing restrictions. it is definitely a sigh of relief for melburnians today and this has been a long time coming. australia was doing incredibly well in terms of the global pandemic, it shut borders early and there have been state restrictions but it unravelled in melbourne due to the hotel quarantine saga that saw the city placed into lockdown and extended across regional victoria. it has been a tough time sincejuly. how are people there responding to this? as i said, i think they are breathing a sigh of relief but it does not go as far as some people hoped. in his address, the premier dani
there is a different picture in australia.second most populous city, melbourne, will see a further easing of restrictions. the premier of victoria, daniel andrews has announced groups of up to ten people from two households will be able to gather in outdoor public places, while in regional areas, hospitality businesses will be able to host up to 40 customers indoors and 70 outdoors. our news reporter tanya dendrinos told me more about the easing restrictions. it is definitely a sigh of relief...
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Oct 22, 2020
10/20
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and australia depends on final demand in china.is not as this a lot of those goods are part of the supply chains that affect china and other countries in asia. china demand is growing at a healthy pace, i think to some degree australia and new zealand would be integrated. it is a big problem for the world as a whole and for the region, these two political tensions and trade tensions. and we want to see all parties get back to getting try to support a rules-based multilateral system, which has served the world so well. how big is the problem of rising income and inequality? when you look at asia, and you look at countries there, how big of a worry is it for you, and for imf economists as you try to figure out what needs to be done next? jonathan: it is a huge word. basically, -- it is a huge worry. basically, asia had seen inequality rising in the years leading up to the pandemic. the pandemic is having a devastating effect on certain groups, on women, on youth, on informal workers. those with lows gills and those at the bottom of t
and australia depends on final demand in china.is not as this a lot of those goods are part of the supply chains that affect china and other countries in asia. china demand is growing at a healthy pace, i think to some degree australia and new zealand would be integrated. it is a big problem for the world as a whole and for the region, these two political tensions and trade tensions. and we want to see all parties get back to getting try to support a rules-based multilateral system, which has...
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Oct 27, 2020
10/20
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what is next for the state and australia wide?a,xt steps for we are expecting another announcement next week on further easing, possibly on workers being allowed back into their offices in melbourne. and also we will have that restriction on travel around the state being dropped. in terms of what is next for the rest of australia, public health officials are warning that it is not over. we need to learn to live with the virus through mask wearing, through ongoing social distancing, good hand hygiene, and a rigorous testing in contact tracing regime. they are warning that ultimately, there is no room for complacency when tackling the pandemic. shery: our managing editor ed johnson with the latest on that victoria lockdown. and the easing of those restrictions. fors go over to hong kong top calls and recommendations ahead of the asia trading day. sophie, david einhorn warning of this tech bubble. what exactly is he saying? sophie: his latest letter to there is saying yes, an enormous bubble, pointing signs to mania in the ipo space,
what is next for the state and australia wide?a,xt steps for we are expecting another announcement next week on further easing, possibly on workers being allowed back into their offices in melbourne. and also we will have that restriction on travel around the state being dropped. in terms of what is next for the rest of australia, public health officials are warning that it is not over. we need to learn to live with the virus through mask wearing, through ongoing social distancing, good hand...
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estimate from the university of south australia thank you very much you're very welcome to have. that's now take a look at some of the other stories making news around the world thousands of people in poland demonstrated for a 7th day against stricter abortion laws many also walked off their jobs in a nationwide women's strike to protest the supreme court's ruling the tougher restrictions mean that women can only get an abortion legally in cases of rape or incest but not if the baby has fatal birth defects. in hong kong a teenage activist who has become the 1st political figure to be prosecuted under a sweeping new national security law imposed by beijing 19 year olds tony chang is a former member of student localism that's a small group that of hong kong's independence from china. where miles de facto leader aung san suu kyi has voted early in the country's elections scheduled for november 8th party the national league for democracy is widely expected to win sure remains popular at home where image is undented by accusations of complicity in atrocities against the country's musl
estimate from the university of south australia thank you very much you're very welcome to have. that's now take a look at some of the other stories making news around the world thousands of people in poland demonstrated for a 7th day against stricter abortion laws many also walked off their jobs in a nationwide women's strike to protest the supreme court's ruling the tougher restrictions mean that women can only get an abortion legally in cases of rape or incest but not if the baby has fatal...
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Oct 6, 2020
10/20
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BLOOMBERG
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southeast asia and australia. government budget expected to see a large increase in funds directed toward the recovery. we expect rba to hold onto these other policy options today. keep rates and yield curves unchanged until a later date. this could come next month when the rba updates this forecast. expected in the lowering of the cash rate, yield curve target down to 10 basis points but the rba has pointed toward purchasing bonds further out on the yield curve extending its current focus from the three are part of the curve. looks like we will have to wait for another month to see this. we will be looking for any indication to the rba thinking. big day for australia. budget will come out later. plans for large spending programs to help the economy. what we know? -- what do we know? >> five hours after the rba decision the government will release its budget we expect the treasurer to the out spending programs to help this recession hit economy, infrastructure spending, spending to get young people back into work
southeast asia and australia. government budget expected to see a large increase in funds directed toward the recovery. we expect rba to hold onto these other policy options today. keep rates and yield curves unchanged until a later date. this could come next month when the rba updates this forecast. expected in the lowering of the cash rate, yield curve target down to 10 basis points but the rba has pointed toward purchasing bonds further out on the yield curve extending its current focus from...
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Oct 13, 2020
10/20
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producers in australia so far have been pretty quiet.eached out to a number of the reducers and they are reluctant to put their heads above the parapet on what is essentially a political matter. there's not much to gain for them. but they will certainly take a hit in the bottom line, prices will sharply yesterday, australian coal prices. and of course, they'd already been hit hard i coronavirus this -- hard by coronavirus this year. we will await more clarity from china. i believe there is a press conference happening just about now where the chinese government will certainly be asked this question. yvonne: we will certainly see some of the steelmakers and australia getting hit today. thank you, james thornhill. coming up, supreme court nominee amy coney barrett casts herself as someone who would put personal preferences aside in the opening day of her information hearing. we have the latest next. this is bloomberg. ♪ ♪ tom: top creditors at a chinese -- are cutting exposure as worries about its finances process, and a bank has told bran
producers in australia so far have been pretty quiet.eached out to a number of the reducers and they are reluctant to put their heads above the parapet on what is essentially a political matter. there's not much to gain for them. but they will certainly take a hit in the bottom line, prices will sharply yesterday, australian coal prices. and of course, they'd already been hit hard i coronavirus this -- hard by coronavirus this year. we will await more clarity from china. i believe there is a...
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Oct 13, 2020
10/20
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australia accounts for half the imports.trong so it might be more for china for -- more of a challenge for china to replace those imports. shery: and china moving ahead with the prosecution of an australian writer who has been in detention for two years. what do we know about this? paul: it's hard to escape the conclusion that this also has some kind of political dimension, but there's no direct link. since been held in china january 2019 on suspicion of spying, but it's only now, nearly two years later the foreign ministry is concerned he's been formally charged on allegations of espionage. and that is the details that we have. the australian prime minister's calling for greater transparency but it does fit a recent pattern which is seen the australian anchor for china's english-language broadcast detained in china and correspondence for abc and the australian financial review forced to flee china a month ago. anotheroks like at symptom of this ongoing political tension between the two countries. shery: paul allen with the
australia accounts for half the imports.trong so it might be more for china for -- more of a challenge for china to replace those imports. shery: and china moving ahead with the prosecution of an australian writer who has been in detention for two years. what do we know about this? paul: it's hard to escape the conclusion that this also has some kind of political dimension, but there's no direct link. since been held in china january 2019 on suspicion of spying, but it's only now, nearly two...
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Oct 31, 2020
10/20
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fauci would like us to be more like australia. the covid outbreak in australia has been relatively mild, their containment efforts turned a once-free country into a dystopian nightmare and places what happened in the countries second-largest city of melbourne. for 111 days, do the math, of how many months that is, most businesses were closed, hundreds of thousands lost their jobs people were forced to stay in their homes except to get food and work. the government even put limits on how much time people could spend for outdoor exercise, l ad even though the lockdown was technically lifted yesterday, residents are still prohibited from going outside the city limits. joining me now live from melbourne, is someone who is living in this situation, gideon rosner, director of policy at the institute of public affairs. thank you for joining us during your interesting time there. some might say that relatively low count of active cases proves that everything you did for months and months and months of lockdown works. what's the response?
fauci would like us to be more like australia. the covid outbreak in australia has been relatively mild, their containment efforts turned a once-free country into a dystopian nightmare and places what happened in the countries second-largest city of melbourne. for 111 days, do the math, of how many months that is, most businesses were closed, hundreds of thousands lost their jobs people were forced to stay in their homes except to get food and work. the government even put limits on how much...
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Oct 18, 2020
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a journalist with sbs australia.ns as governments step up their efforts to slow the surge in infections. it comes after the world health organization reported what they describe as a "very concerning" 44% rise in european cases over one week. aruna iyengar has this report. last orders in lyon. and a nightcap in paris. these cities, along with seven others in france, are now under a 9pm to 6am curfew, after virus cases have surged. many are not happy at the hit businesses are having to take. translation: this measure is quite unfair. there are the ones worst hit since the start of the pandemic. it shows a serious lack of consultation with the workers unions. elsewhere in europe there is a partial lockdown in poland after the country recorded over 8000 cases in one day. here in warsaw and in half the country there are new restrictions. secondary schools have shut, weddings are banned. cyprus has hit a new peak of over 200 daily infections. and in italy the northern region of lombardy, worst hit by the first wave in feb
a journalist with sbs australia.ns as governments step up their efforts to slow the surge in infections. it comes after the world health organization reported what they describe as a "very concerning" 44% rise in european cases over one week. aruna iyengar has this report. last orders in lyon. and a nightcap in paris. these cities, along with seven others in france, are now under a 9pm to 6am curfew, after virus cases have surged. many are not happy at the hit businesses are having to...
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absolutely australia and china have a tremendous trading partnership 27 percent of all. trade goes from china australia to china and so it's huge and china recently has put his foot down and impose an 80 percent tariff on bali they have just expelled 2 australian journalists they are basically pushing the screws and tightening the screws on australia the question is why the reason is because the australians are looking deeply in to probing the code that 19 or as many call it the will handle the chinese virus they are probing and wanting to know where this came from exactly and they've made some great strides in this arena and that is supported li why the chinese government has ramped up these tariffs on the technically bali and also they're saying that the chinese are basically saying that the australian wine manufacturers a dumping on the chinese market they're making it very tough for the australian exports and or do to code it as the covert investigation it is and australia became the 2nd country joining in added states calling on the investigation. on china then and
absolutely australia and china have a tremendous trading partnership 27 percent of all. trade goes from china australia to china and so it's huge and china recently has put his foot down and impose an 80 percent tariff on bali they have just expelled 2 australian journalists they are basically pushing the screws and tightening the screws on australia the question is why the reason is because the australians are looking deeply in to probing the code that 19 or as many call it the will handle the...
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Oct 30, 2020
10/20
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australia's defense minister then warned foreign diplomats not to suppress australia's free speech. new zealand has had is similar experiences. after university campuses skirmishesover hong kong -- [inaudible] praised the anti-democracy brawlers. the response, new zealand's prime minister asked officials to remind their chinese counterparts that new zealand will uphold and mountain our freedom of expression, and often times it's just stand up, recognize the problem, say something. and there'll be threats that come from that, but we've seen those threats are very rarely carried out. in 2017 new zealand media revealed that a chinese foreign member of -- chinese-born member of parliament had lied about his background when applying for citizenship, concealing he had spent 15 years working for the chinese military intelligence. the parliament -- parliamentarian his seats -- [inaudible] but remained in the parliament. co-opting friends and neutral using enemies are two sides of the united front coin. in australia and new zealand, scholars have faced burglaries and death threats. in suburb
australia's defense minister then warned foreign diplomats not to suppress australia's free speech. new zealand has had is similar experiences. after university campuses skirmishesover hong kong -- [inaudible] praised the anti-democracy brawlers. the response, new zealand's prime minister asked officials to remind their chinese counterparts that new zealand will uphold and mountain our freedom of expression, and often times it's just stand up, recognize the problem, say something. and there'll...
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Oct 28, 2020
10/20
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plenty more to come on "daybreak australia."is bloomberg. ♪ paul: some breaking news for you from exxon mobil. maintaining its quarterly dividend to $.87 per share. this is despite the oil round. we have west texas trading right now at 37.43 a barrel. we have a hurricane closing in on new orleans. never mind all of that. keeping the third-highest dividend on the s&p 500 despite this decline in the oil price, so maintaining that dividend at $.87 per share. big tech was grilled by lawmakers on wednesday. this as concerns mount about combating misinformation on various platforms. joining us now to discuss, we have the cornell university professor, james, who focuses on digital and information. section 230, we are all becoming very familiar with that. this grants legal immunity to platforms for content posted by users. beforet drafted in 1996 social media even existed. mark zuckerberg says it was instrumental to the way facebook was developed. what kind of reform now, 24 years later, is needed? >> that is controversial. the hearings
plenty more to come on "daybreak australia."is bloomberg. ♪ paul: some breaking news for you from exxon mobil. maintaining its quarterly dividend to $.87 per share. this is despite the oil round. we have west texas trading right now at 37.43 a barrel. we have a hurricane closing in on new orleans. never mind all of that. keeping the third-highest dividend on the s&p 500 despite this decline in the oil price, so maintaining that dividend at $.87 per share. big tech was grilled by...
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Oct 26, 2020
10/20
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so, in australia, we very much are into planning for bushfires.egnant oi’ mums that planning for mums that are pregnant or mums with young babies, the plan is to include what they are going to do to protect their health. and such things as assessing their house. is there house airtight that they will be able to keep the smoke out? and if not, thinking about where can they go to that might be safer? will they need to have masks for smoke available? would they use air pfires for smoke available? would they use air p fires and have them available and be prepared for bushfires? —— air purifiers. and when it comes to health systems and governments that actually have a plan for bushfires that includes mums and babies. 0k, thank you very much indeed for that. professor christopher nolan thank you from austrian and national university medical school. and you are watching bbc world news. we are going to take you to the united states and the centre for where that debate is continuing ahead of the expected confirmation of president trump's latest supreme cou
so, in australia, we very much are into planning for bushfires.egnant oi’ mums that planning for mums that are pregnant or mums with young babies, the plan is to include what they are going to do to protect their health. and such things as assessing their house. is there house airtight that they will be able to keep the smoke out? and if not, thinking about where can they go to that might be safer? will they need to have masks for smoke available? would they use air pfires for smoke...
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Oct 18, 2020
10/20
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australia's state of victoria's easing some of its coronavirus restrictions.ges include the re—opening of hairdressers and golf and tennis clubs.
australia's state of victoria's easing some of its coronavirus restrictions.ges include the re—opening of hairdressers and golf and tennis clubs.
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Oct 26, 2020
10/20
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richard: i think china is determined to make australia an example, to make australia pay a cost for itsa, its criticism of china. you are seeing various different trade sanctions across the board. and thetton, beef, wine like. i think this will go on for some time. do not expect any change in the immediate future. there are some things australian has -- australia has that china needs like iron ore. so there will not be a collapse. but other countries will be looking on to see what china does to countries which disagree with it. some of them that will make them fearful, others will make them wary. i am wondering if you feel china's response to australia has been proportionate? all the prime minister asked for was an investigation into the origins of coronavirus. that is pretty much it. for an: i think the call investigation into the coronavirus happened in the midst of pretty bad bilateral relations anyway. certainly there was nothing wrong with that. i do not think australia handle that bit very well. but generally, the chinese reaction is not proportionate. you do have political disagr
richard: i think china is determined to make australia an example, to make australia pay a cost for itsa, its criticism of china. you are seeing various different trade sanctions across the board. and thetton, beef, wine like. i think this will go on for some time. do not expect any change in the immediate future. there are some things australian has -- australia has that china needs like iron ore. so there will not be a collapse. but other countries will be looking on to see what china does to...
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Oct 23, 2020
10/20
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LINKTV
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we've got some rather wet weather over australia the next few days.n active area of low pressure swirling away, just moving through south australia, bands of cloud and rain. they are going to make their way further eastward. south and east australia seeing wet weather, heavier spells of rain. the wetter weather is going to be in victoria, northern parts of victoria, southern areas of new south wales. but even up in queensland, some wet weather pushing up to northern territory. that will make its way to the east, some heavier bursts of rain, flooding. dry whether does pushback in behind 15, 16 celsius in melbourne. dry and south australia. 29 celsius in perth. that's the place to be if you don't like it too wet. a little on the cloudy side for new zealand. further cloudy weather across japan at the moment, but bands of cloud and rain making their way further eastward. writer skies. -- brighter skies. ♪ >> a korean doomsday cult lured followers to a tropical paradise. we investigate the secretive set accused of abuse and violence in fiji. on al jazeera.
we've got some rather wet weather over australia the next few days.n active area of low pressure swirling away, just moving through south australia, bands of cloud and rain. they are going to make their way further eastward. south and east australia seeing wet weather, heavier spells of rain. the wetter weather is going to be in victoria, northern parts of victoria, southern areas of new south wales. but even up in queensland, some wet weather pushing up to northern territory. that will make...