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Apr 22, 2020
04/20
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"the brussels effect" does not try to claim that "the brussels effect" will solve all the issues. it will have a certain set of issues that it cannot do the others. it means in the other areas that's where the eu would need to use a political capital and o forth. and there's another interesting issue, there is no common european army. you're absolutely right, there has not been thehe willingness o make those investments, eu has not wanted to be a superpower. the question in the definition of power of whether youou wind p in the a blood rate your enemy, eu will not win that game and they were not born to win the game. the last certainty on whether the u.s. could be best to support the eu the more assertive russia so there has been a conversation that that you needs to do something about this. we may actually see with brexit because the uk has been quite reluctant to pursue european focusing on nato where they are partially letting membership. whether we already have more investment of the european defense fund and other initiative and you are familiar with i'm sure, they show the c
"the brussels effect" does not try to claim that "the brussels effect" will solve all the issues. it will have a certain set of issues that it cannot do the others. it means in the other areas that's where the eu would need to use a political capital and o forth. and there's another interesting issue, there is no common european army. you're absolutely right, there has not been thehe willingness o make those investments, eu has not wanted to be a superpower. the question in...
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Apr 22, 2020
04/20
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CSPAN2
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again, just like the brussels effect. now without further ado to explain the brussels effect and its many implications, i am pleased to welcome anu bradford the professor of law at the international organization columbiofcolumbia law school who a senior scholar at columbia business school and to help lead the conversation we are privileged to have the economics editor for bloomberg business week. we will talk for about 45 minutes and then have 15 minutes aof the end for q-and-a. also she will be signing copies of the book which is for sale in the back of the room. thank you all. [applause] thank you everybody for being here. how many people are connected with a business school? how many people with a law school? how many people thought this was about brussels belgium or their home country? [laughter] okay, great. i'm not going to monopolize the conversation for 45 minutes. i know there are a lot of smart people here that will have commented questions i might not have thought of so i will open it up much sooner but then co
again, just like the brussels effect. now without further ado to explain the brussels effect and its many implications, i am pleased to welcome anu bradford the professor of law at the international organization columbiofcolumbia law school who a senior scholar at columbia business school and to help lead the conversation we are privileged to have the economics editor for bloomberg business week. we will talk for about 45 minutes and then have 15 minutes aof the end for q-and-a. also she will...
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Apr 18, 2020
04/20
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before you published the brussels affect. they published another book with a kind of a similar overtone are new global rulers. in which they focused on the hegemony of the international standards organization and i wonder if it's part of the brussels is fact that they had 27 votes in the international standards organization there is some criticism. of the strategic ability to leverage the 27 votes when it needs to get something done. yes use it to regulate with a single voice. the standard setting i think hasn't international interaction. if you look at a lot of the their own regulations they can't be modeled after international standards which then they take on to its regulations is advancing not only eu regulatory visiono but the international organization. .t the same time given those $27 they were quite effective in influencing the standards that do emergeo from those organizations. what i come across in the research with the standard setting and allowing itself to be influence. by those standards. i will go to one questi
before you published the brussels affect. they published another book with a kind of a similar overtone are new global rulers. in which they focused on the hegemony of the international standards organization and i wonder if it's part of the brussels is fact that they had 27 votes in the international standards organization there is some criticism. of the strategic ability to leverage the 27 votes when it needs to get something done. yes use it to regulate with a single voice. the standard...
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with us in brussels good morning to you what is the message for the european union. well i think the most important line that german chancellor angela merkel said is we need to act like europe if you want to be europe and we need to show the world that we can act like europe now of course everyone here in brussels and throughout europe of all the state leaders will be will be keen to get you know exactly what that means in terms of money and that is what today's 4th video conference a summit here in brussels will be all about in his invitation letter the head of the european council sean michel already said that even more determination of will be needed than in the past to find common ground so does this gives you a taste of what's to expect us put together a package report where i summered up what has been gathered in terms of aid so far and what we expect here is my report. that i support if you question the advance payment company in green equity injected and direct wrong on the normal floor complained these could all be examples of unfair competition. but with eu
with us in brussels good morning to you what is the message for the european union. well i think the most important line that german chancellor angela merkel said is we need to act like europe if you want to be europe and we need to show the world that we can act like europe now of course everyone here in brussels and throughout europe of all the state leaders will be will be keen to get you know exactly what that means in terms of money and that is what today's 4th video conference a summit...
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emergency credit lines to soften the economic blow look at the latest from our correspondent in brussels also coming up learning at home how widespread poverty and limited internet access in spain are damaging the education of children from low income families. and easter alike know was there before as churches closed their doors to the faithful mosques are also off limits for worship 1st after the legislators around the world canceled festivities and celebrations. i'm sorry kelly welcome to the program europe's finance ministers have struck a deal on a 500000000000 euro bailout a debt limiting the economic damage from the coronavirus the measure should help nations hardest hit by cope with 90 as well as supporting companies and protecting jobs during the breakthrough came after ministers failed to bridge their differences in marathon talks earlier this week re southern european countries led by italy and spain one of the european union to ease access to financial markets by creating so-called corona bots but the idea was resisted by richard northern states including germany the netherla
emergency credit lines to soften the economic blow look at the latest from our correspondent in brussels also coming up learning at home how widespread poverty and limited internet access in spain are damaging the education of children from low income families. and easter alike know was there before as churches closed their doors to the faithful mosques are also off limits for worship 1st after the legislators around the world canceled festivities and celebrations. i'm sorry kelly welcome to...
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Apr 21, 2020
04/20
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brussels and i think you would agree that it is not good right now.etting better as long is your emergency measures are in place? well, that would be a logical suggestion from the perspective that you suggested that this interview and that is that we are the black sheep of europe. that is simply not true. if you look at the operation with the european institutions, you will find that 95 and 98% of the cases of abnormal function of the european union, we are absolutely coming and going together with the majority by common sense and with all the measures actually that are good for the country. indeed, we do have debates at some time, pretty big debate actually about some conceptual things and we are entitled to have our own concept. our own approach to conceptual ideology school issues and we do not accept that —— ideological. and we did the moral high ground. we have seen this happening for ten years. none of it came true. and it cannot be sustained. in any debate the we have had with hungary. take a proper look at the facts, take a proper look at the
brussels and i think you would agree that it is not good right now.etting better as long is your emergency measures are in place? well, that would be a logical suggestion from the perspective that you suggested that this interview and that is that we are the black sheep of europe. that is simply not true. if you look at the operation with the european institutions, you will find that 95 and 98% of the cases of abnormal function of the european union, we are absolutely coming and going together...
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Apr 29, 2020
04/20
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LINKTV
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in love with art nouveau, this young architectct never tires of strolling the streets of brussels. >>his one is the most famous one. is the first art nouveau building i learned about. we thought it was cool. we needed to come and see it in person. >> she is passionate and more committed to -- and committed to more susustainable architecture. investors are looking maximizing thes, capacity of a site. that leads to a very low quality of life. i just wananted to get awaway fm ththat. >> the last straw for her was the project called -- 2014. huge patriotic monuments were built throughout the macacedonin capitatal in a controversial moe by the government. >> that really killed the ambition. not just architects. all of the investment that could have gone to our generation going to these monuments that are already falling apart. that was very demotivating. >> keeping young people in the country has b become a national prioririty. since january, a law commands that municipalities create local yoyouth councils. of --, found the mayor the first mayor i in the coununy to do so. sit people table
in love with art nouveau, this young architectct never tires of strolling the streets of brussels. >>his one is the most famous one. is the first art nouveau building i learned about. we thought it was cool. we needed to come and see it in person. >> she is passionate and more committed to -- and committed to more susustainable architecture. investors are looking maximizing thes, capacity of a site. that leads to a very low quality of life. i just wananted to get awaway fm ththat....
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Apr 23, 2020
04/20
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indefinite and that has caused a huge amount of consternation around europe and particularly in brusselsy indefinite? very fortunately, it is definite. indefinite wouldn't be good. by legal terms, the very fact that we have received the ability to use extraordinary measures from parliament itself is a limitation and the very natural limitation of the timing and the termination of the time is the end of the pandemic. let me stop you right there, who determines the end of the pandemic emergency? as determined by the who, we believe that the international organisation are going to tell you when the pandemic is over. is that written into the emergency legislation? no, what is written is that parliament can revoke the extraordinary measures at any time. but it is very clear that, ultimately, the government has been vested with the power for the duration of an emergency that is not defined in the legislation, has been vested which outstrip powers, executive powers anywhere else in the democratic world. even some of your own critics at home are calling this dictatorship. but that is simply not
indefinite and that has caused a huge amount of consternation around europe and particularly in brusselsy indefinite? very fortunately, it is definite. indefinite wouldn't be good. by legal terms, the very fact that we have received the ability to use extraordinary measures from parliament itself is a limitation and the very natural limitation of the timing and the termination of the time is the end of the pandemic. let me stop you right there, who determines the end of the pandemic emergency?...
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brussels correspondent guild matters and he gave us more details on the deal. right this rescue plan basically consists of 3 safety nets 1st of all there is the money that comes from the european bailout fund the so-called european stability mechanism some 240 of 1000000000 euros secondly there is the european investment bank that will hand out loans to small and medium sized companies worth some $200000000000.00 euros and finally there is a short time work scheme from the european commission worth $100000000000.00 euros so in total we're looking at over half a trillion euros and that is why the head of the euro group mario sent a note today and wanted to clarify when he was asked why this has taken so long seeing that the meeting was delayed and it took a couple of days until they made this decision that is exactly why it took so long it is a big big commitment he said it is unprecedented and he also clarified that it is bold and bishops and it was unthinkable just a week ago. have italy and spain achieved what they wanted. yes they have achieved some of their
brussels correspondent guild matters and he gave us more details on the deal. right this rescue plan basically consists of 3 safety nets 1st of all there is the money that comes from the european bailout fund the so-called european stability mechanism some 240 of 1000000000 euros secondly there is the european investment bank that will hand out loans to small and medium sized companies worth some $200000000000.00 euros and finally there is a short time work scheme from the european commission...
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is not necessary anymore than to regard with the view from brussels thank you so much. it's. well they have got sand sun and also the risk of corona virus that's the rationale behind a recent closure of rio de janeiro's famous beaches but it stirred up debate on how far law should actually go limiting outdoor sports some surfers are finding it hard to resist the pull of the waves. rios copacabana beach is almost empty giving him a funny concept to surf despite the state stay at home or to us but his defiance of recently got him in trouble with the police. beat me to it unfortunately i was caught surfing surfing is a crime no you don't end up with a criminal record or something as silly as that this is a patio wasn't fined but he now has to go to court to fight the charge that didn't stop the 22 year old from going back into the water just hours tomato rio's president 2nd most infected state the governor recently closed all beaches in order to stop the spread of the coronavirus. to move right now is the time to think about the collective. suppress my desire and i catch that wa
is not necessary anymore than to regard with the view from brussels thank you so much. it's. well they have got sand sun and also the risk of corona virus that's the rationale behind a recent closure of rio de janeiro's famous beaches but it stirred up debate on how far law should actually go limiting outdoor sports some surfers are finding it hard to resist the pull of the waves. rios copacabana beach is almost empty giving him a funny concept to surf despite the state stay at home or to us...
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some even banned the export of vital medical supplies or addressing the european parliament in brussels today ursula from the lion apologized to italy and said that europe has now come together like never before to overcome the pandemic yes it is true that no one was really ready for this. it is also true that too many were not there on time when italy needed a helping hand at the very beginning and yes for that it is right that europe as a whole offers a heartfelt apology but saying sorry only counts for something if it changes behavior and the truth is true that it did not take long before everyone realized that we must protect each other to protect ourselves and the truth is that europe has now become the world's beating heart of solidarity it was or is love and the winds begin earlier today we spoke with our correspondent richard walker in brussels and we asked him does this apology mean more than just we're sorry. i think there are really 2 levels to this 2 aspects of this is as you were just mentioning earlier there was the one aspect of individual countries kind of going it alone
some even banned the export of vital medical supplies or addressing the european parliament in brussels today ursula from the lion apologized to italy and said that europe has now come together like never before to overcome the pandemic yes it is true that no one was really ready for this. it is also true that too many were not there on time when italy needed a helping hand at the very beginning and yes for that it is right that europe as a whole offers a heartfelt apology but saying sorry only...
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from paris to brussels. european capitals that should be filled with people lie almost empty and silent. weave borders closed and members of the public forced to stay home europe's tourism industry is in dire straits. the european market accounts for half of world tourism according to the e.u. commission it fears the tourism economy within the $27.00 nation bloc could fall by up to 70 percent that could result in the loss of up to 400000000000 euros for the industry. spain is the most popular tourist destination in the e.u. it's also the world's 2nd most visited nation but there are no visit is these days . for bar owners like pavlo gonzalo it's a worrying time. here 2020 is practically playing many businesses will not reopen because they will be able to continue. right now the only thing to do is to look month by month and not think about the distant horizon . of the final. across the border the portuguese government has said it will start reopening hotels in june for those that are still in business. other
from paris to brussels. european capitals that should be filled with people lie almost empty and silent. weave borders closed and members of the public forced to stay home europe's tourism industry is in dire straits. the european market accounts for half of world tourism according to the e.u. commission it fears the tourism economy within the $27.00 nation bloc could fall by up to 70 percent that could result in the loss of up to 400000000000 euros for the industry. spain is the most popular...
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in brussels thank you very much for that. some other stories making headlines around the world. 7000 people working on the. u.s. president and executive order. immigration he said it was necessary to help americans get jobs in an economy ravaged by the us but the order includes many exemptions including for medical as well as immediate family members of u.s. citizens. as the impact of the process begins to make it. this week. russia's government is saying it is proud of the way it has handled the crisis the kremlin is keen to point out that it anticipated the dangers and closed its borders weeks before other countries did but one thing it evidently failed to fork out was what happened to the price of oil this week and that's putting the future of the state and possibly the state itself in question. russia's economy rises and falls with the price of oil fossil fuels are the country's main export but with demand plummeting and that price falling below 0 many fear catastrophic consequences for the country's financial safety net
in brussels thank you very much for that. some other stories making headlines around the world. 7000 people working on the. u.s. president and executive order. immigration he said it was necessary to help americans get jobs in an economy ravaged by the us but the order includes many exemptions including for medical as well as immediate family members of u.s. citizens. as the impact of the process begins to make it. this week. russia's government is saying it is proud of the way it has handled...
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about who is covering the story and joins us now from brussels belgium leave your commission wanted to deliver a coordinated exit strategy for all your member states has abolished to do that. but this exit strategy is not binding for the member states it's only a set of a recommendation because the member states clearly in the driver's seat they can decide and own what measures they want to live when and how but the commission is urging them to coordinate these lifting and the exit strategy but it was enough on the line cannot direct from brussels what member states are doing but she's for example recommending that they develop a tracing at for corona infections and context together so that not $27.00 different eps exist but that they do it together this is the role of the commission in this exit strategy to coordinate and to appeal to member states well european countries bands of course have very different challenges in addressing the pandemic they are at very different stages in dealing with it so what's behind the e use effort to present a coordinated strategy right now. but the ai
about who is covering the story and joins us now from brussels belgium leave your commission wanted to deliver a coordinated exit strategy for all your member states has abolished to do that. but this exit strategy is not binding for the member states it's only a set of a recommendation because the member states clearly in the driver's seat they can decide and own what measures they want to live when and how but the commission is urging them to coordinate these lifting and the exit strategy but...
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emergency credit lines to soften the economic flow we'll have the latest from our correspondent in brussels also coming up learning at home how widespread poverty and limited internet access in spain are damaging the education of children from low income families. and easter like no other as worship . church services are cut and religious leaders around the world cancel festivities and celebrations. i'm sorry kelly welcome to the program europe's finance ministers have struck a deal on a 500000000000 euro bailout aimed at limiting the economic damage from the coronavirus the measure should help nations hardest hit by crooked 19 as well as supporting companies and protecting jobs the breakthrough came after ministers failed to bridge their differences in marathon talks earlier this week to southern european countries led by italy and spain one of the european union to ease access to financial markets by creating so-called corona bonds but the idea was resisted by some member states including germany the netherlands and finland. as part of back to record who is following the story for us from
emergency credit lines to soften the economic flow we'll have the latest from our correspondent in brussels also coming up learning at home how widespread poverty and limited internet access in spain are damaging the education of children from low income families. and easter like no other as worship . church services are cut and religious leaders around the world cancel festivities and celebrations. i'm sorry kelly welcome to the program europe's finance ministers have struck a deal on a...
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a very abrupt regard who is following the story for us from brussels about tell us what exactly is in that steel. that was a big sigh of relief in all $27.00 capitalists of the european union after the finance ministers in the euro group struck this deal late in the night after 2 days of fia's negotiations of bargaining and bickering and. sent a no the politic is finance minister the head of the euro group said these are bowed and bishes decisions we made it and all of shows the german finance minister said this is a great day for sort of dairy tea and it's also a great day for you pretend you didn't because the union can act so in the deal itself contains 3 components firstly there is a loan guarantee by the european investment bank in luxembourg 200000000000 euros for small sized and medium sized companies the secondly there is a new unemployment scheme to finance unemployment benefits in poorer member states worth 100000000000 euros by the e.u. commission made available by that you commission and there's also a 3rd component 240000000000 euros from the european stability mechanism
a very abrupt regard who is following the story for us from brussels about tell us what exactly is in that steel. that was a big sigh of relief in all $27.00 capitalists of the european union after the finance ministers in the euro group struck this deal late in the night after 2 days of fia's negotiations of bargaining and bickering and. sent a no the politic is finance minister the head of the euro group said these are bowed and bishes decisions we made it and all of shows the german finance...
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of brussels thank you very much. now let's get you up to speed on the latest development on the coronavirus johns hopkins university as coronavirus website now shows more than 1600000 confirmed cases worldwide almost 96000 people have died after being infected with covert 90 though the actual number is likely to be much higher italian media reporting that prime ministers that conti is to extend the national lockdown until may 3rd he's expected to make an announcement later on friday south african presidents are on the poster says he and his cabinet will take one 3rd caught in salary the money will go to a fund helping at risk citizens chicago's cook county jail is reporting $450.00 inmates and staff of tested positive the jail holds almost 5000 prisoners and is now one of the biggest clusters in the u.s. after weeks of rising infections the spanish government is expressing cautious optimism despite more than 15000 deaths the number of daily fatalities has begun inching low on spaniards will not be allowed though to l
of brussels thank you very much. now let's get you up to speed on the latest development on the coronavirus johns hopkins university as coronavirus website now shows more than 1600000 confirmed cases worldwide almost 96000 people have died after being infected with covert 90 though the actual number is likely to be much higher italian media reporting that prime ministers that conti is to extend the national lockdown until may 3rd he's expected to make an announcement later on friday south...
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Apr 8, 2020
04/20
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the latest from brussels. new york and the u.k. since the coronavirus began. wuhan has returned to normal after lockdown is lifted. boris johnson remains in intensive care. the government says his condition is stable. welcome to "bloomberg surveillance."
the latest from brussels. new york and the u.k. since the coronavirus began. wuhan has returned to normal after lockdown is lifted. boris johnson remains in intensive care. the government says his condition is stable. welcome to "bloomberg surveillance."
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matters for us in brussels and michelle because they're in berlin thank you both. let's take a look now at some other coronavirus news the ratings agency fitch says the world is on track for a recession of on precedented death in the post-war period it could be twice as severe as the great recession of 2009 south korea's central bank says the economy has shrunk 1.4 percent over the coronavirus its worst performance in more than a decade the number of kobe 1000 infections in singapore has passed 10000 despite robust efforts by the city state to try and control the virus in china a citizen journalist missing for almost 2 months has reappeared he says he was detained by police and forcibly quarantined now it is the 1st trial of its kind in the world 2 suspected syrian intelligence officers are set to face justice here in germany today they're charged with crimes against humanity including torture and sexual assault prosecutors are using universal jurisdiction lost to try the suspects here the defendants entered germany as asylum seekers along with thousands of other s
matters for us in brussels and michelle because they're in berlin thank you both. let's take a look now at some other coronavirus news the ratings agency fitch says the world is on track for a recession of on precedented death in the post-war period it could be twice as severe as the great recession of 2009 south korea's central bank says the economy has shrunk 1.4 percent over the coronavirus its worst performance in more than a decade the number of kobe 1000 infections in singapore has passed...
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Apr 24, 2020
04/20
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BLOOMBERG
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we will get all the details next live from brussels.is bloomberg. ♪ nowadays you do more from home than ever before. the xfinity my account app puts you in control with digital tools to give you the help you need when you need it. get fast and easy answers with personalized help 24 hours a day, 7 days a week. change your wifi password to a phrase that's easy to remember. even troubleshoot your services on your own. we're working to make things a little easier for everyone. download the xfinity my account app today. are going toings apparently change. >> it has clearly accelerated bankinge use of online and digitalization. >> there is more of a willingness to take risks, to engage. >> we are pretty convinced we are going to have to reduce population density in our offices, so we think there will be on any given day fewer people back in the offices. >> companies will have much more a tendency to go to virtual offices, even in, i would say, production environments are production manufacturing type of companies like ourselves. >> what we se
we will get all the details next live from brussels.is bloomberg. ♪ nowadays you do more from home than ever before. the xfinity my account app puts you in control with digital tools to give you the help you need when you need it. get fast and easy answers with personalized help 24 hours a day, 7 days a week. change your wifi password to a phrase that's easy to remember. even troubleshoot your services on your own. we're working to make things a little easier for everyone. download the...
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and this new recovery fund should kick in next year you have a correspondent band that we get in brussels thank you very much for that. here's a look at some of the latest developments in the coronavirus pandemic the noble death toll from over 1000 has a past 190000 according to johns hopkins university the number of confirmed cases is approaching 3000000 china has reported no new coronavirus deaths for the 9th straight day and just 6 new cases 2 of those were brought from overseas with for domestic reasons indonesia will temporarily banned domestic and international air and sea travel starting this week it's already banned movement from cities to the provinces during the ramadan holy period and hungary plans sort of place its lockdown which included a blanket curfew on the entire population with more targeted measures from the may the new rules are to focus on those at high risk. people infected with the. should be treated with ultraviolet light and disinfectant . during a white house press briefing following a presentation by a government official suggesting heat and sunlight could weak
and this new recovery fund should kick in next year you have a correspondent band that we get in brussels thank you very much for that. here's a look at some of the latest developments in the coronavirus pandemic the noble death toll from over 1000 has a past 190000 according to johns hopkins university the number of confirmed cases is approaching 3000000 china has reported no new coronavirus deaths for the 9th straight day and just 6 new cases 2 of those were brought from overseas with for...
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no and then straight across the european union well let's get more from the dudley brussels correspondent give mathis talk us through what this new national plan what's in it and for whom well the short time unemployment scheme that was a life on the line introduced today having a capacity of 100000000000 euros in loans from member states is only a small part of that marshall plan and we'll still have to see what the whole marshall plan will look like but the unemployment scheme she said today is a 2nd line of defense she wants to offer to all member states all member states have to provide guarantees in order to participate in order to benefit from that scheme but basically what she is setting out of the $27.00 already half and she'd like to see it in all the member states and what she wants to provide is basically allowing member states this that's what the scheme does it allows member states to reduce the working hours of people in working in companies and the state will then subsidize their salaries now this is a strong strain on unemployment schemes in member states and so the fund s
no and then straight across the european union well let's get more from the dudley brussels correspondent give mathis talk us through what this new national plan what's in it and for whom well the short time unemployment scheme that was a life on the line introduced today having a capacity of 100000000000 euros in loans from member states is only a small part of that marshall plan and we'll still have to see what the whole marshall plan will look like but the unemployment scheme she said today...
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commission's toughest negotiations yet to come and the dakotas on the band joins me from brussels now for more band what exactly have european leaders agreed to. by their leaders decided to have this emergency fund 500000000000 euros which consists of loans the member states can get from the european institutions they also agreed on 3 trillion euros that are pledged by the national member states for their own national economies and on top of that they want to establish a recovery fund worth around one trillion to $1.00 trillion but it is not decided how this recovery fund will be financed and who will at the end get the money lots of detail have to be worked out but leaders stressed that they want to show solidarity but everybody of cause things for his old coffers no more running in the run up to do some meeting called on the bones well being touted as a possible way to fund this long term recovery fund so is this idea effectively dead. yes and no there is still the concept of common debt that somehow has to be taken to to finance this endeavor but this will not be named corona bonds
commission's toughest negotiations yet to come and the dakotas on the band joins me from brussels now for more band what exactly have european leaders agreed to. by their leaders decided to have this emergency fund 500000000000 euros which consists of loans the member states can get from the european institutions they also agreed on 3 trillion euros that are pledged by the national member states for their own national economies and on top of that they want to establish a recovery fund worth...
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face obstacles getting home as borders closed and flights are cancelled is help on the way from brussels. plus millions of people stuck at home are turning to video chats to stay in touch with their friends and family but some cyber criminals are listening into calls and posting offensive images we'll talk to our reporter about the dangers posed by hackers. i'm claire richardson thanks for joining us new york state has seen its deadliest day of the corona pandemic 562 people have died from cove and 19 within the space of 24 hours with nearly 3000 deaths the state now accounts for nearly half of all virus related fatalities in the country with hospitals facing critical shortages of medical equipment governor andrew cuomo has issued an executive order to seize critically needed supplies across the state and bring them to where they're needed most. new york city is struggling as a crap was with skyrocketing infections and a severely strained health care system friday mocked its single deadliest day yet in its battle with coronavirus. new yorkers in crisis helping new york and then pick up t
face obstacles getting home as borders closed and flights are cancelled is help on the way from brussels. plus millions of people stuck at home are turning to video chats to stay in touch with their friends and family but some cyber criminals are listening into calls and posting offensive images we'll talk to our reporter about the dangers posed by hackers. i'm claire richardson thanks for joining us new york state has seen its deadliest day of the corona pandemic 562 people have died from cove...
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brussels wants to extend economic help in the long term but there is no clarity yet on what form that would take our markets seeing this. well expectations going into this meeting were already pretty low but investors i've talked to are pretty disappointed by how far apart e.u. leaders still seem to be on this issue you know the didn't and at the meeting with complete loggerheads they agreed in principle to this recovery they also agreed on the 500000000000 euro package that will help plug some gaps in the economy particularly for countries like italy that don't have as much room in their their national budget to respond to the coronavirus impacts but it's still very unclear how they're really going to proceed with this bigger one trillion dollar stimulus package and at the same time all of this economic damage is continuing to pile up in the euro zone that you commission is saying the economy could contract by 15 percent this year so there's really a lot of urgency to make some sort of decision on a broader longer term recovery package of investors are just not very optimistic right
brussels wants to extend economic help in the long term but there is no clarity yet on what form that would take our markets seeing this. well expectations going into this meeting were already pretty low but investors i've talked to are pretty disappointed by how far apart e.u. leaders still seem to be on this issue you know the didn't and at the meeting with complete loggerheads they agreed in principle to this recovery they also agreed on the 500000000000 euro package that will help plug some...
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Apr 16, 2020
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katya adler, bbc news, brussels.f—isolation as new zealand went into a coronavirus lockdown, she decided to make videos of herself doing impressions of the country's prime minister. take a look. an update on the quite remarkable fundraising achievement of 99—year—old captain tom moore, which has made headlines worldwide. he's now raised almost £12 million — or $15 million — for the charities that support the work of britain's national health service. he intends to walk 100 laps of his garden before his 100th birthday. 0ur correspondent david sillito has the latest. captain tom moore, 99 years old and counting down the days to his 100th birthday with 100 laps around his garden. the original plan was to try to raise £1,000 for nhs charities. today, he was told the total had already gone past £5 million. completely out of this world. thank you so much for all you people who subscribe to the national health service because for every penny that we get, they deserve every one of it. a couple of hours later, another million
katya adler, bbc news, brussels.f—isolation as new zealand went into a coronavirus lockdown, she decided to make videos of herself doing impressions of the country's prime minister. take a look. an update on the quite remarkable fundraising achievement of 99—year—old captain tom moore, which has made headlines worldwide. he's now raised almost £12 million — or $15 million — for the charities that support the work of britain's national health service. he intends to walk 100 laps of...
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and this new recovery fund shall kick in next year you know because bond and band and he get in brussels thank you very much all that here now is a look at some of the latest developments in the corona virus pandemic around the world the global the death toll from covert 19 has surpassed 100 in 1000 according to johns hopkins university in the united states the number of confirmed cases is approaching 3000000 china has reported no new coronavirus deaths for the 9th straight day and just 6 new cases 2 of those were brought from overseas with 4 domestic cases indonesia one temporarily banned domestic and international air and sea travel starting this week it's already banned movement from cities to the provinces during the ramadan holiday period and scientists at britain's oxford university have started to newcome trials of a potential covert $1000.00 vaccine it's the latest in a growing number of european efforts aimed at developing a vaccine. the pandemic is pushing u.s. jobless numbers to highs not seen since the great depression of the 1930 s. the most recent figures show one in 6 amer
and this new recovery fund shall kick in next year you know because bond and band and he get in brussels thank you very much all that here now is a look at some of the latest developments in the corona virus pandemic around the world the global the death toll from covert 19 has surpassed 100 in 1000 according to johns hopkins university in the united states the number of confirmed cases is approaching 3000000 china has reported no new coronavirus deaths for the 9th straight day and just 6 new...
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conference today to negotiate a package to help economies recover from the pandemic so let's go to brussels garrick matters to standing by for us there so how far apart are you are you countries right now on how to issue debt to finance the economic stimulus. so we make a law as already mentioned that angle america has dropped a resistance. on start certain issues regarding for instance that european budget where she's willing to make bigger contribution and that will be good news for the countries in the south of europe overall all european states will meet at the summit all $27.00 agree that the recovery fund is necessary the question is however the method how that money is raised and has me tell you guys pointed out how much money will be in the pot at the end of the day it will not paper over the age old row of a mutual i stept something that for the states in the north of europe is definitely not on the table so today what i expect from this meeting is a mission for the european commission that will be asked to explore ways how this recovery fund could be raised or it will this will be
conference today to negotiate a package to help economies recover from the pandemic so let's go to brussels garrick matters to standing by for us there so how far apart are you are you countries right now on how to issue debt to finance the economic stimulus. so we make a law as already mentioned that angle america has dropped a resistance. on start certain issues regarding for instance that european budget where she's willing to make bigger contribution and that will be good news for the...
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aid and some even on the export of vital medical supplies addressing the european parliament in brussels that's enough on the line apologized to italy and said the block has now come together as never before to overcome the pandemic. yes it is true that no one was really ready for this it is also true that too many were not there on time when italy needed a helping hand at the very beginning and yes for that it is right that europe as a whole offers a heartfelt apology but saying sorry only counts for something if it changes behavior and the truth is true that it did not take long before everyone realized that we must protect each other to protect ourselves and the truth is that europe has now become the world's beating heart of solidarity they don't deserve it of walker joins us now from brussels welcome richard so was this found a lie and apologizing for mistakes made by the commission by the block by individual countries or just everyone. well i think it really was something of a collective statement of apology phil certainly because i think there are really 2 levels to this 2 aspects
aid and some even on the export of vital medical supplies addressing the european parliament in brussels that's enough on the line apologized to italy and said the block has now come together as never before to overcome the pandemic. yes it is true that no one was really ready for this it is also true that too many were not there on time when italy needed a helping hand at the very beginning and yes for that it is right that europe as a whole offers a heartfelt apology but saying sorry only...
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summit since it wasn't that long ago either in brussels thank you. and also draw your cardinal george pell has walked free from prison after the high court overturned his convictions for child sex abuse spill who was once a senior figure in the vatican was serving a 6 year jail term but had maintained his innocence at a mass in rome today pope francis did not mention pill by name although he made a remark about the persecution of innocent people. images that spark a vindication or hopelessness off to 405 days in custody cardinal george pell walks free from ministry in prison into a monastery a decision felt acutely by sexual abuse survivors. now. and in his earth. and. it's it's he. really. it was a year ago that the cardinal was convicted of sexually assaulting 2 choir boys in the 1990 s. making it the most high profile case of alleged historical sex abuse to rock the roman catholic church the cardinal has always maintained his innocence the whole idea of sexual abuse is abhorrent to me in a statement he says he holds no ill will to his accuser stre
summit since it wasn't that long ago either in brussels thank you. and also draw your cardinal george pell has walked free from prison after the high court overturned his convictions for child sex abuse spill who was once a senior figure in the vatican was serving a 6 year jail term but had maintained his innocence at a mass in rome today pope francis did not mention pill by name although he made a remark about the persecution of innocent people. images that spark a vindication or hopelessness...
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Apr 8, 2020
04/20
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BLOOMBERG
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the latest from brussels. new york and the u.k.eport the worst death toll since the coronavirus began. wuhan has returned to normal after lockdown is lifted. boris johnson remains in intensive care. the government says his condition is stable. welcome to "bloomberg surveillance." i'm nejra cehic in london. overall, the stoxx 600 in the red today. we had some real movement on u.s. futures overnight, flirting around the flatline. we see a little bit of optimism come through on u.s. futures after the s&p 500 briefly rose over 20%. d yieldsthe 10 year bun and other core yields slide in europe. some dollar strength. it is moving higher against all g10. the aussie underperforming. oil bouncing back after two days of declines. let's get the bloomberg first word news with viviana hurtado in new york. viviana: we begin with prime minister boris johnson. he remains in intensive care. dominic raab is trying to reassure britain's fight against coronavirus is under control. the u.k. is heading to the peak of its outbreak. the government has bee
the latest from brussels. new york and the u.k.eport the worst death toll since the coronavirus began. wuhan has returned to normal after lockdown is lifted. boris johnson remains in intensive care. the government says his condition is stable. welcome to "bloomberg surveillance." i'm nejra cehic in london. overall, the stoxx 600 in the red today. we had some real movement on u.s. futures overnight, flirting around the flatline. we see a little bit of optimism come through on u.s....
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that richard walker joins us now from brussels welcome richard so was the lion apologizing for mistakes made by the commission by the block by individual countries or just everyone. well i think it really was something of a collective statement of apology phil certainly because i think there are really 2 levels to these 2 aspects of this is as you were just mentioning earlier there was the one aspect of individual countries kind of going it alone in the early stages of the crisis shutting down borders in uncoordinated ways not helping out with that crucial equipment that italy really needed in the early days of the pandemic when it wasn't ready for what was hitting it in northern italy there and on the one side but also on the other side this as a whole the system not recognizing just what a danger this pandemic would be so i think all of that is equally important in front alliance message here but it is something that she has hammered home a few times over the last few weeks but i think she's now beginning to look to the future because one of the biggest challenges to european solidari
that richard walker joins us now from brussels welcome richard so was the lion apologizing for mistakes made by the commission by the block by individual countries or just everyone. well i think it really was something of a collective statement of apology phil certainly because i think there are really 2 levels to these 2 aspects of this is as you were just mentioning earlier there was the one aspect of individual countries kind of going it alone in the early stages of the crisis shutting down...
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let's get more we are joined by dint of your correspondent teri schultz in brussels so terry foreign ministers have actually been discussing this what's the update well actually is it's a really small proportion of those flights that are paid for and arranged by the european union that is not their 1st choice when it comes to getting citizens home they believe that people should be paying for their flights also that national government should take the lead in this and what the foreign policy chief justice burrell said is that $250000.00 people are still stuck this is a figure that we've heard now for days so they are still stranded around the world as as more and more flights are canceled as transport hubs are shut down he said it's going to take a long time little by little these people will be able to come home but it is going to take some time we actually heard yet even more realistic perhaps impression from german foreign minister heiko moss who said look we are bringing people home but we can't exclude the possibility that you know one in some colombian jungle or in some filipin
let's get more we are joined by dint of your correspondent teri schultz in brussels so terry foreign ministers have actually been discussing this what's the update well actually is it's a really small proportion of those flights that are paid for and arranged by the european union that is not their 1st choice when it comes to getting citizens home they believe that people should be paying for their flights also that national government should take the lead in this and what the foreign policy...
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you know on on one side of brussels you've got ministers debating how much economic aid should be sent to the countries that are hardest hit how much debt should be mutual ised the nato side they'd like well we've got these big planes and we could fly supplies around to so it's it's sort of a you know. a much easier decision to make when you're talking about just basic capacities with a lot of the politics shorn away so nato really does have the opportunity to to shine here and that's what it's done it's got some shared capabilities in strategic airlift for example that countries can request and have requested so they can buy some plot supplies as for example romania has done from south korea and get these big c. 17 of you know shipped in under nato programs that they've already paid for that they already contribute to so it's a moment really where nato to could really step up and that's what it says it's going to do now but there's a russian component in this story europe has purchased russian supplies for the pandemic crisis there are these images of russian medics in italy at the mo
you know on on one side of brussels you've got ministers debating how much economic aid should be sent to the countries that are hardest hit how much debt should be mutual ised the nato side they'd like well we've got these big planes and we could fly supplies around to so it's it's sort of a you know. a much easier decision to make when you're talking about just basic capacities with a lot of the politics shorn away so nato really does have the opportunity to to shine here and that's what it's...
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citizens face obstacles getting home as borders close and flights canceled is help on the way from brussels plus. beating the lockdown blues people around the world a stock of han and turning to music and anything else they can think of to fill the endless hours. i'm anthony held welcome more than a 1000000 people around the world now have confirmed corona virus infections and over 55000 people have perished here are more of the latest developments in the pandemic now the united states has registered the world's highest daily coded 19 death toll thursday so 1169 confirmed deaths from bars for life it causes the south korea has refused entry to foreigners who refused quarantine measures all of a series of rivals including south korean nationals are required to serve us like for 14 days and germany now has more than $80000.00 confirmed case. has been over a $1019.00 deaths but the leader of the country's disease control institute says new data is indicating a slow down in new infections even chancellor angela merkel says the data is cause for some cautious optimism. that you thought it's true
citizens face obstacles getting home as borders close and flights canceled is help on the way from brussels plus. beating the lockdown blues people around the world a stock of han and turning to music and anything else they can think of to fill the endless hours. i'm anthony held welcome more than a 1000000 people around the world now have confirmed corona virus infections and over 55000 people have perished here are more of the latest developments in the pandemic now the united states has...
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cough it 90 would be available until the crisis is over so we can speak to her again mattison in brussels welcome tell us more about this deal. well we have just learned that the meeting of the finance ministers a virtual meeting or video conference that has been postponed for hours today has a now be concluded with applause from the ministers from the 19 year old zone countries that have the euro currency and that it has been asked by european leaders to find an economic answer to find a system how they can address the economic concerns in europe and now it looks as though an agreement has been found and so what will it mean for countries with the weaker economies like 80 in spain. i was it particularly italy and spain who were unhappy with the fust line of answers that this this of 2 weeks ago the meeting of the finance ministers put forward it included a number of things that probably in today's conclusion of that meeting will also be part off but they were they made very clear to european leaders that they need more help that the money that is being put forward in different funds we a
cough it 90 would be available until the crisis is over so we can speak to her again mattison in brussels welcome tell us more about this deal. well we have just learned that the meeting of the finance ministers a virtual meeting or video conference that has been postponed for hours today has a now be concluded with applause from the ministers from the 19 year old zone countries that have the euro currency and that it has been asked by european leaders to find an economic answer to find a...
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Apr 16, 2020
04/20
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katya adler, bbc news, brussels. stay with us on bbc news.old military veteran who's raising millions for medical staff on the frontline. pol pot, one of the century's greatest mass murderers, is reported to have died of natural causes. he and the khmer rouge movement he led were responsible for the deaths of an estimated 1.7 million cambodians. there have been violent protests in indonesia, where playboy has gone on sale for the first time. traditionalist muslim leaders have expressed disgust. the magazine's offices have been attacked, and its editorial staff have gone into hiding. it was clear that paula's only contest was with the clock, and as for her sporting legacy, paula radcliffe's competitors will be chasing her new world—best time for years to come. quite quietly, but quicker and quicker, she seemed just to slide away under the surface and disappear. i'm the set this is bbc news — the latest headlines: president trump says the us is passing the peak of new coronavirus infections. the us deathtoll has now passed the 30,000 mark, doub
katya adler, bbc news, brussels. stay with us on bbc news.old military veteran who's raising millions for medical staff on the frontline. pol pot, one of the century's greatest mass murderers, is reported to have died of natural causes. he and the khmer rouge movement he led were responsible for the deaths of an estimated 1.7 million cambodians. there have been violent protests in indonesia, where playboy has gone on sale for the first time. traditionalist muslim leaders have expressed disgust....
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obstacles getting home as the borders are closed and flights are cancelled is help on the way from brussels. i'm sara kelly welcome to the program more than a 1000000 people around the world to now have confirmed corona virus infections and 50000 are dead here are some of the latest developments in the pandemic the united states has registered the world's highest daily covert 1000 death toll thursday saw 1169 confirmed deaths from virus related causes there south korea has refused entry to 8 foreigners who refused quarantine measures all overseas arrivals including south korea nationals are required to self isolate for 14 days and germany now has more than 80000 confirmed cases and over 1000 covert 1000 deaths that's as the head of the country's disease control agency says deaths are probably being undercounted . well covert 19 cases are also rising sharply in turkey the country currently has more than 18000 confirmed cases and 356 deaths associated with the virus president ret of type one is under growing pressure to impose a general lockdown to slow the outbreak what he did introduce earl
obstacles getting home as the borders are closed and flights are cancelled is help on the way from brussels. i'm sara kelly welcome to the program more than a 1000000 people around the world to now have confirmed corona virus infections and 50000 are dead here are some of the latest developments in the pandemic the united states has registered the world's highest daily covert 1000 death toll thursday saw 1169 confirmed deaths from virus related causes there south korea has refused entry to 8...
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not be symmetric and divergencies between member states will increase our listing the story now to brussels and speak with the chief international of the richard walker getting b.g. you richard so how do e.u. leaders after this meeting today how do they plan to tackle this huge problem. well we are a few baby steps closer to an answer on that brain but we're still not quite there basically all that 27 e.u. leaders managed to agree on so far is the really broad strokes of what they want to happen they have agreed that they want to have a big recovery fund that is designed to help countries recover their economies once the really intense phase of this pandemic is behind us and to try and smooth out inequalities and how they are able to recover from the really profound economic shock and also thirdly that this fund will have some relationship to the e.u.'s overall budget for the next 7 years which is also something that has to be worked out so there are those agreements but the detail of all of that is totally open how big should this fund be the numbers range from the hundreds of billions up
not be symmetric and divergencies between member states will increase our listing the story now to brussels and speak with the chief international of the richard walker getting b.g. you richard so how do e.u. leaders after this meeting today how do they plan to tackle this huge problem. well we are a few baby steps closer to an answer on that brain but we're still not quite there basically all that 27 e.u. leaders managed to agree on so far is the really broad strokes of what they want to...
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emergency credit lines to soften the economic blow we will have the latest from our correspondent in brussels. also coming up signs of hope in germany's fight against coke is 19 but the chancellor merkel calls for vigilance and warns it's still too early to think of business frictions on daily life and. they may be hugely well paid but there are fears the lack of action on the pitch could be putting top footballers of mental health that read . i'm sorry kelly welcome to the program europe's finance ministers have struck a deal on a 500000000000 euro bailout aimed at limiting the economic damage from the coronavirus the measures should help nations hardest hit by cope at 19 as well as supporting companies and protecting jobs the breakthrough came after ministers failed to bridge their differences in marathon talks earlier this week southern european countries led by italy and spain wanted the european union to ease access to financial markets by creating so-called corona bonds but the idea was resisted by richard northern states including germany the netherlands and finns. more we're trying to
emergency credit lines to soften the economic blow we will have the latest from our correspondent in brussels. also coming up signs of hope in germany's fight against coke is 19 but the chancellor merkel calls for vigilance and warns it's still too early to think of business frictions on daily life and. they may be hugely well paid but there are fears the lack of action on the pitch could be putting top footballers of mental health that read . i'm sorry kelly welcome to the program europe's...