anybody who knows australia will know the i knows australia will know the sunshine is a lot there, givene, for solar in particular?— particular? there is huge potential— particular? there is huge potential in _ particular? there is huge potential in australia - particular? there is huge potential in australia for| potential in australia for renewable energy, and notjust solar, wind as well. in fact, australia is one of the best countries in the world for renewable energy, which gives credible opportunity for australia, not only to power its electricity through renewable energy, but also to use that renewable energy to power industry and transport. unfortunately, we have not been using that great resource we have got nearly as much as we should. ~ , , ., . ., should. why is that? what causes that _ should. why is that? what causes that paralysis, - should. why is that? what causes that paralysis, as l should. why is that? what - causes that paralysis, as some would see it? it causes that paralysis, as some would see it?— would see it? it is a range of factors, would see it? it is a range

from that, australia's strate: australia. from that, australia's strategy group- _ australia.ategy is ongoing. international restrictions remain in place. quarantine hotels have been operating for over a year and there have been strict responses to any outbreak, such as melbourne's 100 have been strict responses to any outbreak, such as melbourne's100 a lockdown. looking at the data, the strategy has worked. australia has far fewer cases than the uk and far fewer deaths too. there has been a cost to the strategy. foreign tourism and foreign students normally bring in millions of dollars. that's gone. there's also the human cost for australians who can't get home. in early may, australians in india were told they would be jailed, leaving them stranded. those who can travel back always have the quarantine. scott morrison did so when he returned from the g7. for some others, the consequences have been devastating. this is james. because he was inchoate teen, he could not see his mother before she died —— in quarantine. i mother before she died -- in quarantine-— mother before she

— brisbane, australia! applause. the fireworks _ brisbane, australia! applause. fireworks were on _ brisbane, australia! applause. the fireworks were on standby i the fireworks were on standby already. brisbane for some weeks has known confirmation was coming. and while some parts of australia are back and lockdown, now brisbane has another reason to keep hope. i guess ost another reason to keep hope. i guess post covid-19 — another reason to keep hope. i guess post covid-19 we _ another reason to keep hope. i guess post covid-19 we are _ another reason to keep hope. i guess post covid-19 we are still _ another reason to keep hope. i guess post covid-19 we are still moving - post covid—19 we are still moving through— post covid—19 we are still moving through it. — post covid—19 we are still moving through it, but it's really exciting and hopeful and optimistic for brisbane _ and hopeful and optimistic for brisbane in 2032. it's totally - exciting, especially what australia is going _ exciting, especially what australia is going through _ exciting, especially what

anybody who knows australia will know the sun shines a lot there.in particular? there's huge potential in australia for renewable energy, and notjust solar, wind as well. in fact, australia is one of the best—endowed countries in the world for renewable energy, which gives incredible opportunity for australia, not only to power its electricity through renewable energy, but also to use that renewable energy to power industry and transport. unfortunately, we have not been using that great resource we've got nearly as much as we should. why is that? what causes that paralysis, as some would see it? it's a range of factors, but there's certainly vested interests in the fossil fuel industry that have made it more difficult for governmen to implement the changes that are necessary. in fact, a decade ago, australia started down the track of having a carbon price and shifting to a clean energy future. but that was under the previous labor government, there was a change of government and the current government reversed that carbon price and really, we stoppe

haidi: to australia no. -- in australia now. the governor has to make a decision.will also be getting weekly consumer jobs data in the coming hours. a hold to morgan financial after that takeover. stocks soaring yesterday. plenty more ahead. this is bloomberg. ♪ [ "me and you" by barry louis polisar ] ♪ me and you just singing on the train ♪ ♪ me and you listening to the rain ♪ ♪ me and you we are the same ♪ ♪ me and you have all the fame we need ♪ ♪ indeed, you and me are we ♪ ♪ me and you singing in the park ♪ ♪ me and you, we're waiting for the dark ♪ vonnie: you are watching "daybreak australia." opec-plus abandoned its meeting without a deal, two prices and leaving the oil market facing high supply and rising prices. the delegate said talks failed to resolve a dispute in saudi arabia and the uae, which was the holdout against the plan to boost supply and extend quota limits until the end of last year. it will not increase in august so talks can be reactivated at any time. facebook, twitter, and google have warned they may stop offering services in hong kong if

just look at indonesia, australia, malaysia. of asia's -- the delta variant across asia is something to be reckoned with. that is not even all the markets that are seeing outbreaks right now. so yeah, really something to look out for. kathleen: and of course is terrible to see the virus, particularly the delta variant hitting so many people so hard in asia. at the same time, the story you are reporting on, this potential softening and demand comes right after opec-plus failed to get that production agreement. so in a sense, is the silver lining in this cloud -- people were talking maybe $100 a barrel oil, but that is now seemingly off the table. elizabeth: yes. i think at the moment we are not really seeing an impact on crude oil. i guess that is the silver lining come as you mentioned. however, if the outbreak worsens , especially in markets like china and india, we could see more impacts on oil futures ahead, especially if collectively the impact is large enough to force asia refinance to cut rates. so that will be quite a hit

some company words from australia's major -- comforting words from australia on how exposed camera has paul: this meeting taking place in washington, d.c., and really a reiteration of the u.s. stand when it comes to this speed between australia and china on trade. katherine tai saying after that meeting that they stand with their allies to address nonmarket practices that harm our workers, businesses, and citizens, and there will be ongoing discussions about this and the words economic coercion not mentioned as well. china has put in place a number of trade barriers against australia including tariffs on wine, barley, barriers on coal as well, and lobster. these put in place after australia band china's huawei from -- banned china's huawei. the trade minister also put out a tweet after that meeting. he did not mention china by name but he said there is a sharing of perspectives between the u.s. and australia. shery: products are still finding their way around china's trade barrier? paul: yes. amusingly, in fact. wine, one of those products i mentioned that china has imposed tariffs on

♪ haidi: a very good morning, welcome to daybreak australia. >> we are counting down to australia's majorarket open. >> good evening from new york. u.s. stocks dipped from record highs and bond yields rise as investors here the fed may be letting inflation get out of hand. >> jp morgan and goldman sachs beat estimates but results failed to impress wall street. and the white house is set to one american companies about the risk of doing business in hong kong, ramping up pressure on beijing. let's look at the trading session in wall street. you can see the s&p 500 with 39 record closes this year down today. the inflation report came in a much stronger than expected. the headline is nearly double the 0.5% people were looking for. jp morgan and trace reporting mixed results as the earnings season kicks off. a big story in bonds. that 10-year note is now up over 1.41. the 30 year bond option was the big mover today after declines. it did not go well. after a strong inflationary report, no surprise. crude hit a 2.5 year high today. there were warnings of a deepening supply crunch from iran and

welcome to "bloomberg daybreak: australia." i am haidi stroud-watts in sydney. >> sophie: i am sophie kamaruddin. the top stories this hour. saudi arabia insists the alliance must extend its output yield despite strong opposition from the uae. we hear exclusively from the saudi energy minister. haidi: china dealing a major blow to didi. sophie: a global ransomware attack targets a software supply chain. experts say it exploded a flaw in an i.t. management program. haidi: let's check in on markets. we are expecting something of the holiday inn session, of course, the u.s. away from the july 4 weekend. we are seeing kiwi stocks up 0.3%. futures trading up 0.1%, this after u.s. stocks rose again on friday, and for the first time since 1987, the s&p 500 reaching the all-time high for a record seven straight session. the jobless rate climbing, jobs numbers overall coming in positive. no expectations in the markets that the fed will be in an imminent rush take away the dignity punch bowl -- the liquidity punch bowl. futures looking f

australia has pursued. minister is in. but for the first half— minister is in. but for the first half of— minister is in. but for the first half of the _ minister is in. but for the first half of the pen _ minister is in. but for the first half of the pen and _ minister is in. but for the first half of the pen and began - minister is in. but for the first - half of the pen and began because overall— half of the pen and began because overall australians— half of the pen and began because overall australians have _ half of the pen and began because overall australians have really- overall australians have really gotten — overall australians have really gotten behind _ overall australians have really gotten behind their— overall australians have really gotten behind their political. gotten behind their political leaders _ gotten behind their political leaders throughout- gotten behind their political leaders throughout this - gotten behind their political- leaders throughout this pandemic. until now — leaders

should the opportunity go ahead without australia and new zealand?ll be taking part in the south tournament, they've been in australia, great britain, new zealand over the last three years, but now at the position of number fourin but now at the position of number four in the world, if we see that coming from australia and new zealand, you will see a much stronger team as well, much stronger gb, so this will be a competition that was to be staggered out. a lot of players of the highest calibre taking part in this tournament, so can the yakima press mike and i still want to see the tournaments, will it be the same tournament? now, it won't. next tonight, a study which has involved scanning the brains of elite rugby players�* has found one in four could be at risk of small abnormalities. but the team led by imperial college london say that further research is needed to understand the long—term implications of repeated head trauma. a parliamentary inquiry recently found the government needs to do more to reduce the risk of brain injuries in sport. our h

george bashes parents nadra and body land in australia just before the 1st wave of refugees. o devices among the $35.00 a week, my wages. but if i work over time, 45 bucks, day work had to make my future. because i know who gets a, de, they want to feature for them. but to thousands of the new lebanese astronomy and there's a barrier to their future in the new world, the assumption that people will learn english really quickly is absolutely false. and it files over and over again. and the critical place files is for women. because most women, if they're working outside the home, they're not working in environments when people speak anything other than arabic. and they're very pul structures for teaching english to women at home. mothers, you believe also look, i live in english and it doesn't matter. matter of his mouth, that's one of them. a lot of them and the muslim league for your lead to sure. most of that that guy, let me know. let me put my name on government id, which one i would skip the i watch state to morrow. lloyd's, i watch a lot of movie. how many, why i watch

not long after we live in australia deal can settle in punch bowl. we'll grew up in one house, a 3 bedroom house installed straight and punch bowl, and that's when my aunts and uncles all the time. and they used to divide the rooms by putting ropes up in the room and some blankets over the robes. just to give a run and a little bit of privacy. so there's about 10 kids running around the place and from different families living under the same or the housing department of us at flat in kentucky road area. thought we end in the street. not much better than street in beirut during the war when the style a family movie and the local community suffered from the effects of drug addiction and petty crime. it was very unsafe to raise a family. it was difficult for us with limited english backs and it was extremely difficult to allow your children to go downstairs and play in the bach if you're not supervising them. and at times like, you know, you would be walking around and looking at needles in the early eighty's, australia falls into deep recession. unempl

the decision to come to australia is not easy. decision is a hard decision. and simple reason because i love living on i love the country where i born journalist call sally integrates to australia after 10 years of war. and like many of his generation, the pain he experiences leading his shattered homeland is by the promise of a better life. i wasn't playing i looked from above to this beautiful sea between the dining hall but an opera house . and since i've seen this picture, say this is my country. this is the country way. i want to spend my rest of life. for years later, he returned to lebanon to visit his family and made his future wife. naughty. we got engaged. and then he came back to a stranger. yeah. and i meant to come back to us riley about a port was shut down and i tried to travel on the boat from by route to cypress. i remember we had about 200 travelers and all the sudden both started every way the, unfortunately, one on the boat we were on. so we had on brooks or flying every way. like, you know, everyone was screaming and yelling. you couldn't

that is it for "daybreak australia."ak asia" is next and take a look at those live pictures from tokyo's olympic stadium. we are seeing the opening ceremony after being delayed for over a year given the coronavirus pandemic. we are expecting that opening ceremony in japan friday evening. usually, it would be held in a stadium full of fans. this year, it will only be athletes from across world in a near empty venue given the covid-19 cases. this is bloomberg. ♪ haidi: hello and welcome to "daybreak asia." i am haidi stroud-watts in sydney. sophie: we are counting down to issues major market opens. shery: good evening. i'm shery ahn. our top stories this hour. tech drives u.s. stocks to the brink of a record. snap and twitter surging after hours on strong reports by the intel sales forecast fall short. beijing may

george bashes parents, nadra and body land in australia just before the 1st wave of refugees. all the wages among the $35.00 a week, my wages. but if i work over time, 45 box day work had to make my future. because i know i have kids a did a feature for them. but to thousands of the new lebanese, it's daily and there's a barrier to their future. in the new world. the assumption that people will learn english really quickly is absolutely false and it files over and over again. and the critical place files is for women. because most women, if they're working outside the home, they're not working in environments where people speak anything other than arabic. and they are very poor structures for teaching english to women at home. mothers william merrill also let me leave it, isn't that a young american but one of them and i believe that the muslim to fit your head to show messing that up and let me put my name on government to learn english and new line i would skip the i watch those 2 more lloyd's. i watch a lot of movie. how many, why i watch a few movie and all the time i watc

let's get the details from australia. what do we know?offer was quite a surprise one and then we came in on friday evening and it was basically amount monday morning. everyone has been scrambling around, trying to see the implications of this. it seems that macquarie infrastructure real assets is seriously considering a rival offer which puts more pressure on the company to kinda react and take this forward. they have a long history in the asset which means it would only be the credible counter offer to what was already on the table. shery: sydney is under extended lockdown and travel is off the table this year. harry: i think they would factor that into account and try and account for some price. it's an interesting way to think about how much of this is already baked into where the stock price has been and it has come up a lot. the fundamentals have changed a lot. the big equity raise last year. there is a western sydney airport coming online and we got all this speculation about whether the pandemic is just a new normal or something we

i used to say that it reminded me of the corporate culture in australia and the 19705 culture in australiae code that applies to all ministers. in this regard, i made it very clear that respect for women and for colleagues and public servants, and so forth, was critical, and i actually made it an offence for ministers to have sexual relations with their staff, because i am afraid you say that most of them seem to think that most of them seem to think that that was completely ok. it was said that a cabinet minister touched her inappropriately and parliament. do you know who she is referring to and if so, have you spoken to this person? i do know who she is talking about, but i was not aware of the incident while i was prime minister. julia told me about it after i had ceased to be pm, but she has chosen do not identify the minister, and that is her prerogative. malcolm turnbull they are. there've beeen international calls for calm in tunisia, after the country's president sacked the prime minister and suspended parliament. kais saied has been accused of staging a coup, though he insists tha

western australia has put up a hard order with covid—affected regions.l. what we are hearing from dan andrews, the victoria state premier, is wanting more of those restrictions around the greater sydney region to keep the people in and to keep the virus out of other parts of australia. so, we know today new south wales, of which sydney is the state capital, has recorded 136 new covid—19 infections. this is a new daily record for this latest outbreak. now, 136 infections might not sound much to people in other countries, but in the australian context it is extremely significant. and you have to remember that australia has been pursuing a national policy of elimination, and that's why we are hearing those tough words from political leaders like dan andrews, who wants to lock sydney down until the delta variant here is crushed. new zealand has suspended its quarantine—free travel bubble with australia for at least 8 weeks. the scheme was launched in april, after both countries appeared to have controlled the spread of covid. but outbreaks of the delta varia

scored a late equaliser for australia. despite helen white, they ultimately lost 4—3. australia.l class having top| this quarterfinal class having top their group here in tokyo 2020. the australians were only third best. : :, , :, , :, , best. after a lively opening, it was australia who _ best. after a lively opening, it was australia who took _ best. after a lively opening, it was australia who took the _ best. after a lively opening, it was australia who took the lead. in i best. after a lively opening, it wasj australia who took the lead. in the second half, the intensity improved and delicious delivery leveling the scores. white was part of the team gb squad at london 2012. a 2—1 gb look comfortable. australia drew level. lydia williams denied ellen white a hat trick. you will have to bring their luck as a shot for mary fowler, australia had the lead. before ellen white completed her hat trick, and it wasn't enough. the gb winner left devastated. —— women. in all honesty, we don't know when or if there will be another opportunity for team gb to field an olympic football team

half of australia's population is back in lockdown after south australia joined torrey a and new southales in ordering residents to stay-at-home as the delta variant leaks across the country. dividend payoffs for most really is biggest companies are expected to bounce back to pre-pandemic amounts in 2021. a bloomberg's group. php is said to be considering to get out of the oil and gas business in a multibillion-dollar is this that would accelerate its exit from fossil fuels. netflix shares falling in post market-rate after the company's forecast missed analyst expectations. our senior analyst believes netflix needs a fresh add. netflix saying they are committed to growing profit and cash flows, saying they are not worried about growth slowing in the long term. this is why there's so much focus on the gaming foray. does it seem like the core business is plateauing? >> i think there is definitely a palpable slowdown. some tremendous blowout gains happened last year. the company added 40 million subscribers and one year. that is kind of leveling off and the sentiment has been muted. to yo

this is a break australia. sophie: -- kathleen: and from bloomberg's world headquarters in new york, i'm kathleen hays. u.s. stocks hit a record high as investors get ready for -- haidi: us really a announcing a relief package for those affected by the great sydney lockdown. shery: didi warns of adverse impacts after complying with the chinese order to take down more apps. more records, a lot of optimism building up as quarterly corporate earnings gary to kickoff. the s&p 500, its 39th record close so far this year. still fairly impressive, 911 sectors advancing today. the nasdaq hitting a record powered largely by investors buying up tesla, google parent alphabet, meg attacked back in style as investors thinking growth is the trade to play. -- mega tech back in style. the s&p 500 index gaining nearly a full percent. we will start hearing from u.s. banks tomorrow and that's generating a lot of excitement in the stock market. the u.s. 10 year trading about where it was yesterday. a $38 billion 10-year note sale

do have lots more ahead on daybreak australia.his is bloomberg. ♪ shery: the pentagon has scrapped a $10 billion cloud computing contract that was controversially awarded to microsoft in 2019. the defense department indicated that microsoft and amazon, the bloomberg opinions columnist joins us now. get us started with what the decision was about, because it took years of legal infighting. >> amazon has been fighting since 2019 when the contract was originally awarded to microsoft. amazon said that the trump administration interfered in the whole political process and it was unfair when it was awarded to microsoft. haidi: what are the implications of this decision now, particularly for competitors? >> it's great for amazon because they get access to this high-profile project. it's good for the military, they accelerated the deployment of how service is. but i also want to mention it's probably the biggest winner being jeff bezos. the network reached a record 2 billion. shery: microsoft lost out on the full deal, right? >> i argue t

vaccinations in australia.e minister marcus turnbull says not ordering enough shots was a colossal failure by his country. ♪ >> the first person to be charged under hong kong's controversial national security law has been found guilty in a landmark ruling. he was arrested in 2020. let's hear more details from our correspondent. >> that political slogan was used widely throughout the hong kong protest movement in 2019. during his court case, this was a topic, the words of the slogan were a topic for hot debate. now he has been found guilty. the's an argument that the prosecutors used, they claim the words that were used on his banner, the political slogan, liberate, hong kong, that has now been deemed as potentially an act of terrorism. we don't know when his sentencing will be. we know there will be litigation later this week. we do know that he has been found guilty of these charges. ♪ >> this is "outside source" live from the bbc news room. our lead story, police officers testifying at a congressional hearing

what are in your view is a realistic timeline of reopening australia's borders?quarter of 2022 and the reason is, we cannot, we simply won't have enough of the vaccines until october, november, to get a large percentage of the population vaccinated. to get to the same level as the uk or in the usa or singapore. of the usa or singapore. so, the very reason we are lockdown which is so frustrating when there's so many other parts of the world opening up is simply because our government failed to buy enough vaccines. it was a colossal failure and the problem is, you cannot wind the clock back and fix what should've been done last year. another big issue has been sexism in australian politics. aside from the pandemic there, former mp says that during her time in parliament, she was subjected to a culture of misogyny and sexism. this was during your time as prime minister. were you aware of the treatment and other mps faced? i was aware that the culture in parliament was disrespectful to women, was sexist. i used to say that it reminded me of the corporate culture in a

>> a good morning and welcome to "daybreak: australia." sophie: we are counting down to asia's market opening. kathleen: good morning. for the top stories this hour, christine lagarde tells bloomberg will be guidance on monetary stimulus in 10 days, signaling a new measures might be brought in next year. we will have that interview in a few moments. haidi: china takes its most concrete step yet to crack down on foreign listings, against internet giants. kathleen: sydney's covid lockdown may continue. they are reportedly at a critical point as people are warned to stay indoors. haidi: i know you are monitoring this closely, christine lagarde telling us a july policy change is possible for 2022 measures as well, it may be followed by a transition into a new format. we are also hearing from the ecb president lagarde that we should repair for monetary stimulus in 10 days. new measures might be brought in next year to support the economy after the current emergency bond program finishes up. that guidance will come from the july 22 governing cou

compared to here _ arriving in australia compared to here in— arriving in australia compared to heree uk. with the ushering commissions, the players association to each— commissions, the players association to each and _ commissions, the players association to each and everyone about competing nations _ to each and everyone about competing nations. that's why we made the decision, — nations. that's why we made the decision, made the announcement today— decision, made the announcement today with — decision, made the announcement today with great confidence. very cautiously — today with great confidence. very cautiously we still have work to do. and we _ cautiously we still have work to do. and we are — cautiously we still have work to do. and we are repaired to take the most extreme _ and we are repaired to take the most extreme measures to make sure this tournament— extreme measures to make sure this tournament can happen in october and novemben _ tournament can happen in october and november. , ., , ., , _, november. john, is a very confident that the australians _ november. john, i

be couple of months away and we have seen australia. . ._ seen australia...e to get on top of the coronavirus in _ seen australia... be able to get on top of the coronavirus in some - top of the coronavirus in some cities in some respects quickly. but as we are seeing in new south wales, they've been fighting for more than a month now and are still in lockdown. it depends on how quickly we can get through this. we saw games last year, that's the case in melbourne at the moment, coming off the back of lockdown with football codes, games being played here this weekend with no fans. there is every chance and ashes test series of five matches, usually played in front of a0, 50, even up to 80,000 people at some venues, played in front of no one. that's how quickly this whole thing has made. fingers crossed we can get on top of it because the football codes mean a lot to students in winter, nothing bigger than ashes when summer rolls around in a couple of months' time —— it means a lot to australians in winter. medical experts are warning that an oxygen monitoring

.— the whole of australia.tralia. thank you for the update from _ the whole of australia. thank you for the update from our _ for the update from our correspondent in sydney. it's almost a year since the devastating blast in beirut, and lebanon is in the grips of one of the world's worst economic crises in more than a century. medicine, electricity and fuel are scarce, and it's estimated that more than half the poplualation can no longer afford enough food. jean mackenzie sent us this special report. lebanon is suffering from a collapse of epic portions. food, fuel and medicine are all scarce. as the currency plunges, people had been left with nothing. just imagine moving into a refugee camp in your own country. that is how desperate things have become full some lebanese amylase. this man tear after losing hisjob lebanese amylase. this man tear after losing his job as a taxi driver. —— moved here after losing hisjob. at petrol stations, people keyver hours, desperate to secure the little fuel that is left as th

what should australia be doing differently?r when not in the vaccines were bought. the reality is that apart from astrazeneca, we do not have a plentiful supply of any vaccines in the astrazeneca vaccine was recommended only for people over 60 and that recommendation has changed because the delta variant spread here in the city which is very strong but nonetheless, there is a lot of vaccine hesitancy about the vaccine. the problem is we do not have the alternatives. the government last year, the national government last year, the national government tries not to buy another pfizer or modernity. so, they failed. looking at the biggest failure of public administration that i can recall. the mission was very clear. that i can recall. the mission was very clear-— very clear. that have been these antilock down _ very clear. that have been these antilock down protests _ very clear. that have been these antilock down protests but - very clear. that have been these antilock down protests but how. very clear. that have been these i anti

south australia will enter a week—long lockdown from tuesday night.at was supposed to be a five—day snap lockdown. also in lockdown, australia's most populous state, new south wales. it's battling the country's worst covid—19 outbreak of this year. more than 1a million australians are now under orders to stay at home. bbc�*s australia correspondent shaimaa khalil has more. being in lockdown as you say, sydney where i am on our fourth week of but with the way things are going here. there is a big suspicion it could be extended yet again so that's nearly half of the population now in lockdown and as far as said is concerned many are saying it'sjust not worth it, it hasn't been strict enough, it hasn't been clear enough in terms of the rules and that's why you were saying the number of cases growing. we have more than 1200 cases since the beginning of that outbreak in the middle ofjune and of course there is a big caveat, compared to other countries around the world, especially look at neighbouring indonesia, these are low numbers but remember this is a

this is bloomberg. ♪ >> you are watching "daybreak australia." this week has seen more unwinding. the reflation trade has hit a wall. the yield gap is near the narrowest levels of the year but j.p. morgan asset management see this drop in yields. that is a temporary blip. the global recovery is still on track. the yield for treasuries rising back to 175%. they are pointing out that the negative real rates picture is not discounting growth at all. the recent angst send treasuries jumping and put a dent in risk assets. emerging market stocks capping an eight day loss. southeast markets, a notable drag. taper concerns. as vaccinations ramp-up, goldman predicting that emerging-market stocks will rise 13% in the next 12 months to hit 1500 points on the msci gauge for em stocks with mexico among the referred place. it will help support that move for em's. haidi. haidi: global taxation is top of the agenda as finance ministers and central bankers gather in venice. our secretary general the minimum of global tax proposals is very fair. >> as a result of

and of course, australia. this is sydney, specifically which is in lockdown 191 is the rolling average of new cases. the day 3000 cases. they're the city, the state in lockdown for the next month. all that delta very again, isn't it? right. i know they swap smith with us now vax and all, just in professor of emerging infectious diseases at a london school of hygiene and tropical medicine on got from the sun and foot today . thank you for your time. doctor coven 19 has never respected boundaries, but it almost feels like the delta variant is even more so. and it's called these places in the asia pacific, off guard places, which it always pursued that 0 covert idea. so, so indeed, the delta variance is more transmissible. it has a higher vial node, it probably needs a much shorter contact time to fret from person suppressing. and because of all that, much harder to contain, that may be happening even more tensions. measures like those with the actual nation warranty. and so those countries like australia, new ze

south australia is doing the same after recording zero cases in the past 2a hours.own after recording 172 cases. the state premier had this to say ahead of the announcement. we've seen around the world that when you have too many people who have been infectious in the community and you open up too early — countries that have claimed to have done so well with covid which have much higher vaccination rates than ours have failed with delta because they opened up too quickly. we know we've put in a hard five weeks and we don't want to waste all the great work we've done by opening too early, and then having the virus spread again. australia had based its vaccination strategy on astrazeneca — but due to its association with extremely rare blood clots, the health authority advised under—60s to wait for the pfizer vaccine instead. it's now updated that advice for the sydney area, saying adults of all ages should "strongly consider" taking "any available vaccine" — including astrazeneca. but there's resistance amongst some. here's one woman on the streets in sydney. i'm kin

australia, world—class!ers of this autumn�*s event in england after the two nations pulled out with just three months to go. we have bent over backwards for many months to accommodate all of the concerns raised by the australians and the kiwis, and i'm sorry to say that i have no choice but to call this a selfish, parochial and cowardly decision. it's supposed to be a seminal moment in rugby league. ..in england 2021. this world cup, the first time the men's, women's and wheelchair events will be played simultaneously. five years in the planning, but organisers were given just four minutes' notice of australia and new zealand's withdrawal. in a joint statement, both countries called for the tournament to be postponed until next year. australian rugby league commission chairman peter v'landys said... while new zealand rugby league ceo greg peters said... players in australia and new zealand claim not to have been consulted, while players here want to compete against the best teams in the world. we want to be

and the kid is living in the 1980s early nineties in australia . and it's very different. and that communication between the families got lost. you're getting called, wog, and hope can were wide and all sorts of a school. and then you, you come home. you paris, it was speaking to an arabic all the time. and you think maybe these guys, right. maybe i am a walks. maybe. so you fighting? yeah i'm, i live in a one strategy. what am i on? i know and for parents struggling with english, the education of their children become of the v. a test. niandra bashes 7 children are expected to do well at school. and she never has an education one day, very smart wisdom or did that he, if he ever came 2nd in the class, you've seen him in quite a civilian student. yeah, my mother, on the other hand, never went to school. she does natalie roy, arabic or even english metal. she's never ever experienced being in the classroom and be told by john, which i want phenomenal because my mother is a very, very strong lady in a very, very smiling, become any time dickie. she had him way and she came t

>> good morning and welcome to "bloomberg daybreak: australia." i am in sydney. >> i am in hong kong. shery: and in new york, i am shery ahn. the economic recovery goal is not yet met. >> it is a handout hangover for big u.s. banks. plus, in no mood for talking. the u.s. has a dialogue with china, as the biden administration pardons. breaking news out of chile, the central bank has raised from .5% from -- .75% from .5%. they tightened monetary policy this year following brazil last month. also, chile is forecasting annual inflation well above the 3% target big coming the latest -- becoming the latest emerging market to raise interest rates to .75% for the first time since the onset of the pandemic. it is all about inflation as the inflation debate is raging across the u.s. here, take a look at the market, because of course we heard from chair powell, also saying that the u.s. economy has not recovered enough to scale back that mid-day decline in equity markets. we saw the s&p 500 touching all-time highs before finishing higher by .1%. we had the 1

certainly, australia's big challenge now is to get as many people vaccinated as possible.id cases and 915 deaths since the pandemic began. those numbers do stack up pretty well compared to other countries, but when it comes to vaccinations, australia is lagging well behind many other parts of the world. 200 more covid testing sites are to be set up across england to ensure staff in critical sectors can avoid self—isolation and keep working. a government scheme — which had just been for supermarket depots and food manufacturers — is being extended to include front line emergency services staff and some transport workers. our political correspondent helen catt explained, the growing numbers of employees being told to self—isolate has been putting more growing preasure on businesses and key sectors. growing concern about the amount of people in england being told they have to stay at home because they have been in close contact with someone who has tested positive for a coronavirus, either to the test and trace system, or more controversially, through the app that people have

>> a very good morning and welcome to "daybreak: australia ." we are counting down to asia's major market open. shery: the top stories this hour. china's latest regulatory crackdown set to rock the 100 billion dollar private education industry. big investors facing risk include softbank and geithner global. -- tiger global. haidi: a busy week ahead headline by the fed decision and a deluge of data and earnings. shery: the u.s. and china set for high-level talks, with tensions high and cooperation at risk. this is the picture across wall street, u.s. futures muted at the open after markets show another record high. 87% of s&p 500 companies reporting beating wall street estimates. a lot of optimism on the back of solid earnings. we sell the u.s. ten-year yield at the 128 level. we continue to watch out for more treasury volatility given we have the fomc meeting this week. the bloomberg dollar index with its first gain in about three weeks. we are seeing some you did trading for the bloomberg dollar index. smooth right now up to 2/10 of 1%. this af

words cannot describe _ italy, mexico and australia. how _ italy, mexico and australia. words cannot describe how epic - italy, mexico and australia. words cannot describe how epic the - italy, mexico and australia. words i cannot describe how epic the feeling is in the emotions that come with thinking that i'm about to represent my country at an olympic games. my parents told me a story that when i was younger i said i wanted to play for it the only big games when i get older, and here i am.— older, and here i am. sopel has the honour of opening _ older, and here i am. sopel has the honour of opening the _ older, and here i am. sopel has the honour of opening the truculent - honour of opening the truculent excess action gets under way on wednesday as host japan space australia in fukushima. it's the first time since 96 that the ball hasn't kicked off in olympics. the top two from the group stage will contest the final in yokohama six days later, and victory will be even sweeter thanks to that 13 year gap. ahead of his fourth and potent

it will laugh at me called 1000000 times, beckoned george basha was born in australia. but 2 other pupils. he's nothing more than an arab outcast. ah, i became very angry because i'm thinking up, john. wow. to see to accept it as a strategy. i can't do anything about the black about the skin. so i was born you got a high and you need to go right. but you do our pick a fight with, with any. and i was trying to look, demi, and we're looking at the many me off. i used to be in your rates and, and i recognize at the time i was just growing up as a teenager to had deep experience is the dream race isn't playing rugby lake. so the fire on the other side and i tackled him and, and his response was to call me and if and walk and if and walk see, and my response, which is device and not a person who does die. so it seems that i don't lose my temper, but it's probably in the walk and it was a greasy beat in it. now one of a sudden he's actually brought the rice, his him element, and that actually hurt it. and actually you just think so you still no matter what? we always say me a

vonnie: "daybreak australia "daybreak australia.re watching" -- you are watching "daybreak australia." the biden administration providing a one hundred dollar incentive for people who get vaccinated. the president asked states to provide the funds for the american rescue plan. some say some cities have already announced incentives as a way to boost sagging inoculation rates. israel will offer a poster shot to people over 60 who have already been fully vaccinated and that makes israel the first country to offer its third dose of the fines are biontech vaccine to its citizens on a wide scale. the decision comes at a time when infections are rising. neither the u.s. nor the european union have approved booster shots. it is not proven if the third dose helps, who needs it, and when. china put forward an alternative proposal into its investigation into the origins of the coronavirus. it will span multiple countries. beijing's latest move counters the u.s.'s push to -- many countries are opposed to the w.h.o.'s plan. at the tokyo olympics

also ahead why the un has decided australia's great barrier reef is not endangered for now. ah. starting this weather update in asia pacific and right off the bat i wanted to show you some of the scenes that we had been warning about near a, ty, pay trees down the clean up is now underway. these trees snap like twigs and flooding all because of typhoon info. so we look where it's go in now and look into make landfall south of shanghai on sunday. so now we know next in the line of fire will be shanghai, the team. and i, we've been going over some of the forecast models. we're thinking wingate's about 105 kilometers per hour rainfall, about a $115.00 millimeters, and that's for sunday alone. here's something that could impact the olympics, this tropical disturbance toward the pacific. no partic, now let me put this for just a few days. and as we look toward monday, we're starting to see some of the impacts of nepal. retech, but by tuesday could make landfall if it does become a typhoon further to this house. we're also talking about cool temperatures in australia, a suburb of adel

australia did have a zero _ vaccinated. 0k. australia did have a zero covid _ vaccinated. 0k. australia did| have a zero covid strategy as did new zealand but when you have got neighbouring countries andindeed have got neighbouring countries and indeed other countries around the world not doing the same to try to eliminate it, is there not a choice then to be made of either indefinitely closing your borders and cutting yourself off from the rest of the world or having to adapt your strategy to one of learning to live and manage and contain the virus? i do learning to live and manage and contain the virus?— contain the virus? i do think we need _ contain the virus? i do think we need to _ contain the virus? i do think we need to live _ contain the virus? i do think we need to live and - contain the virus? i do think we need to live and learn i contain the virus? i do think. we need to live and learn with that strategy. zero covid is not a long—term option but i think it is an important option at least keeping things at very low levels until about november or december this year,

lockdown in brisbane, as australia's third largest city tries to contain the spread team gb win gold in the mixed triathlon relay and a world and a packed audience — and no more social distancing — at the royal albert hall for the first night of the proms in london. the usjustice department says tax returns belonging to the former president, donald trump must be handed over to congress. the decision reverses a previous ruling. officials now say lawmakers have legitimate reasons for asking to see the documents. live now to our north america correspondent, david willis. what has brought us to this point? what has brought us to this oint? �* ., ., , what has brought us to this oint? �* ., .,, . point? before he was elected, donald trump _ point? before he was elected, donald trump maintained - point? before he was elected, donald trump maintained hisl point? before he was elected, i donald trump maintained his tax records were under audit and they are apparently still under ordered at the time he left office. two years ago, the us justice department turned down a request by the house wa

australia, world—class! england after the two nations pulled out with just three months to go. we have bent over backwards for many months to accommodate all of the concerns raised by the australians and the kiwis, and i'm sorry to say that i have no choice but to call this a selfish, parochial and cowardly decision. it's supposed to be a seminal moment in rugby league. ..in england 2021. this world cup, the first time the men's, women's and wheelchair events will be played simultaneously. five years in the planning, but organisers were given just four minutes' notice of australia and new zealand's withdrawal. in a joint statement, both countries called for the tournament to be postponed until next year. australian rugby league commission chairman peter v'landys said... while new zealand rugby league ceo greg peters said... players in australia and new zealand claim not to have been consulted, while players here want to compete against the best teams in the world. we want to be beating the best. we want to b

k, australia joining the chorus. if there wasn't enough, you want to credible evidence and a shared approach to the condemnation while as they tangled just said, it's a theory without producing any evidence. i mean, when you, when you see this at the moment, yeah, i think they ought to be the right to emphasize that you did not say it was certain . it is highly likely standard speak around attribution society because you can never be certain. i would not describe it as a dubious lane, the fact that countries have come out of the u. k. and the us pilot, i was the youth and they show how all come out. and i suggested that if rich and parents evidence behind it received some of the public domain from private security companies, but not all automated. that is very difficult to prove back to an extent in international. and i'll be coming back to how we actually pick that and find the evidence for it. and the member mr. tangle, talk about in beijing, china. his response, as you say, has been robust, that quite angry about