carney: not out of the bank of england. francine: out of the u.s.? mr. carney: no. separation of responsibility. mandates andclear we can execute against those. part of that, if inflation is persistently below target, could be asset purchases. in that environment, it may be in the government's judgment, they may have fiscal room and may use it, but that is not helicopter money. the fusion is not necessary and is a dangerous idea. francine: you can watch the full interview what the bank of england governor mark carney on "leaders with lacrosse." -- "leaders with lacqua." ♪ viviana: you are watching bloomberg's "surveillance." from the previous quarter, sales growth at gucci slowing down but beating estimates. reversing the slump in u.s. sales, fourth-quarter sales rising more than 10%. the brand makes up about 40% of the profit. shares of lyft are lower, disappointing investors. lyft did provide guidance on when it would turn a profit. this year, shares already rose 25%. that raises the bar for yesterday's report. that is your bloomberg business flash. tom: it will b

the decision with respect to how carney we should ask why is it this particular terrorist who manages to make his way into the new york times pages with almost without question it does seem to be extraordinary editorial decision. well let's take it back a little bit in the u.k. if we take about it wasn't so but the leader of a organization the leader of the once he was given a platform on the question time in the u.k. it was shown how daft position walls and himself was and then the be impeached to collapse. so once the support from the on the platform and the debated with it was shown to be ridiculous and that was form of the collapse now yes the new york times we don't know what's going on in the background is this a form of link between the afghanistan taliban and the new york times to the u.s. government to try and open some form of dialogue why and we just don't know and that may be the reason why it's been done the way hearts we don't know like we say with northern ireland which is our closest competitor we can use is the world's winds of communication open door to the provision

. ♪ francine: mark carney will soon end his term as governor of the bank of england.ing the u.k. economy through crises and years of brexit related uncertainty. a high-stakes, divisive issue that has been impossible to forecast. good preparation for his next job, tackling climate change. born in 1965, the young mark carney dreamed of greatness in the world of economics, getting a doctorate at oxford. carney spent 13 years at goldman sachs, then entered public service, eventually governor of the bank of canada.

. ♪ ♪ francine: mark carney will soon end his term as governor of the bank of england.the u.k. economy through crises and years of brexit-related uncertainty. a high-stakes, divisive issue that has been impossible to forecast. good preparation for his next job, tackling climate change. born in 1965, the young mark carney dreamed of greatness in the world of economics, getting a doctorate at oxford. carney spent 13 years at goldman sachs, then entered public service, eventually governor of the bank of canada.

carney spent 13 years at goldman sac,th

i'm not talking about mark carney, i'm talking about the kiwi.hey think the coronavirus will last six weeks in terms of impact. the message from the rbnz was no rate cut this year. and as a stinging rebuke to the backdrop of central banks, monetary policy would only be a bit player. we have come off the highest. you have seen a significant rise. the biggest one-day rise since the second of december. take your mind back to last february when they said no more rate cuts. they flip-flopped. openouth korean won takes from the assessment of where we are with the coronavirus. reprieve little bit of . russia is studying the proposal of 600,000 barrels a day. can crude find a $50 floor? there was a trade in the options market for wti, brent to pass down at $10 per barrel for 2021. somebody out there having a big old punt. nejra: one more red headline. the third-quarter vision fund loss was -- but it has returned to profit in the third quarter. equity exceptionalism is how ubs has called this in terms of orities reaching records, at near records. the s&p

born in 1965, the young mark carney dreamed of greatness in the ice hockey rink. of economics calls, he gets his bachelors from harvard,

. >> mark carney will soon and his near seven-year term as governor.t through crises in years of brexit and shoes. good preparation for his next job, tackling climate change. 1965, the young mark carney dreams of greatness. calls andof economics got a bachelors from --

and last hour we spoke with amazon's pr chief, former white house secretary jay carney about the new's what he told us -- >> we cooperate with any government entity that wants to talk to us and ask us questions and investigate it if they so desire with whole foods we're about 3% or 4% of grocery many, many of the chains you know, big chains you know, are significantly bigger than we are. the competition matter, i don't see the argument we're somehow anti-competitive >> joanna stern of "the wall street journal" and eli pa tell of the verge join us now double trouble as i like to call it i want to get your response from jay carney given we are seeing the ramped-up scrutiny now. >> yes, it's interesting whole foods, i didn't get to hear the question that was the response to. but whole foods is the biggest commerce ee tailor in the world. yes, they own a smaller supermarket. that's my response >> we asked about the ftc's request for prior acquisitions, whether this was a show request or companies will have to do real work in complying and he pointed right to the buildup ahead of the acqu

nbc news correspondent hans nichols and annie carney. the president, i wouldn't say he was emphatic today. that wasn't necessarily his most emphatic. but with all this news swirling about russian interference and trying to meddle in the election, he is now on the record saying he doesn't want the help. >> the only way that you can square what the president is saying and what his defenders said during impeachment is making a distinction between help, assistance and information. the attorneys, the white house counsel seemed to be suggesting and arguing during impeachment is that information from a foreign source wasn't necessarily assistance and therefore it didn't have to be counted as a contribution. the president is saying he doesn't want any assistance and/or help, but that doesn't mean that he won't accept information, like he told george stephanopolous in that oefbl office interview. it seems that the door to that remains open. attorneys can get into a debate about whether information can be assistance. there's a great deal of value

. >>> during his state of the state address, delaware governor john carney talks about his legislative priorities which include transportation and technology investments, gun safety legislation and various environmental initiatives. [ applause ] >> governor, i would like to welcome you and look forward to what you have to say in the state of the state. >> thank you, mr. speaker, lieutenant governor long, mr. speaker, mr. president pro tim, members of the 150th general assembly, members of my cabinet, distinguished members of the judiciary, invited guests and my fellow delawarians, thank you, mr. speaker, for inviting me today. it's a great privilege, and it's great to be here with all of you. before i get started, a point of personal privilege, if i may. we're joined today by my beautiful mother ann carney. [ applause ] she always gets the loudest applause. i told her that at least there would be one person in the chamber who would be cheering for me. not bad. she raised nine children and taught school for 30 years and is here with us today, and she will be leading the applause so keep

. >>> we are watching some live pictures of mark carney speaking his new portfolio will be toe kw focusediechl at change he's saying, given the scare of rising climates, 2020 must be a year of action where everybody is in. that includes the world's leading financial center, quote, to manage associated risk. disclosures of climate risk must become comprehensive climate risk management must become informed and go mainstream we've seen that to some extend with announcements from firms like black rock. it will be interesting to see if other investors follow suit closely. >> also central banks and their review of the framework. they are going to take climate change into consideration deciding how much they want to weigh in to steer the debate it is not universally clear as to how involved central banks should be in this. >> this is mark carney speaking at the agenda event talking about importance of climate change policies hearing that central banks need to devote attention as we were talking about. >> we'll take a quick break now. coming up, a tough ride for as continue martin as the carmaker

blatant propaganda from a designated global terrorists all in the name of diverse reviews sarojini carney's and tourist war crime suspects being investigated by the international criminal court why does the new york times give him or pitts space the author is among the world's most wanted man and the f.b.i. office 5000000 dollars for any information that could lead to his arrest ceridian carney who today designated terrorist in the united states is described by the agency's website as armed and dangerous after the backlash the new york times defended its decision to publish the article it claims it's essential to represent all viewpoints on the conflict especially to highlight the progress being made in peace talks we discussed whether everyone should have a voice or not. i think the editorial team of the new york times or to think very carefully about the decision i think they should think about whether they would publish an article for example by a far right terrorists and question whether or not they would apply their principles universally but nonetheless i think it's a defensible decis

. ♪ francine: mark carney will soon end his term as governor of the bank of england.u.k. economy through crises and years of brexit related uncertainty. a high-stakes, divisive issue that has been impossible to forecast. good preparation for his next job, tackling climate change. born in 1965, the young mark carney dreamed of greatness in he world of economics, getting a bachelor at harvard anda

is mark carney, the outgoing head of the bank of england.he survey indicators or other things. but if the world's slower than it otherwise would be, the uk is a very open economy, has an impact. but the most important thing is to make sure the system's functioning. we're very confident about that and we're on top of it. well, that's one thing. but you know, all the rules and, you know, planning around social distancing mean that businesses large and small have just got an enormous range of unpredictability. yes. and one of the things that's being clamped down on, of course, is business travel that affects the airline industry because people don't want to go to countries where they fear they might end up being quarantined and unable to come back. and i think the biggest example of that that we've had today is the cancellation of the geneva motor show, which was supposed to take place in switzerland next week. now, this is one of the biggest gatherings of the automobile industry of the year. you get more than 600,000 people turning up, normall

. ♪ hisark carney will soon in governor of the bank of england.y. the high-stakes a divisive issue that has been impossible to forecast. good preparation for his next job, tackling climate change. carney dreams of greatness. the world of economics gets bachelors from harvard, doctors at auction. he spent

bank ofere is what the new zealand and mark carney of the bank of new england told jerome powell. >>an sars. >> the people's bank of china has done a number of things to support economic activity. and i think you can expect the chinese government to do lots of things to support economic activity. >> in general, the experience has been with pandemics that they can have quite significant impacts, but much of it is recovered. >> there will very likely be some effect on the united states. it is just too early to say. chinese president jie zheng paying has pledged china will meet its economic and social development goals, even as it struggles to contain the impact of the virus, this comes as economists cut forecasts for the country, goldman sachs's revised outlook is one that has been cut. let's get to chief asia economist andrew tilton. andrew, great to have you, this is a phone call president xi had, and said china will be more prosperous after they overcome this crisis. is this just as show of confidence between two leaders having a conversation, or will they had growth targets this ye

we had to follow when canadian with another, mark carney, richard jones.ith guilla ume floret. he is not canadian. he's the ceo of airbus. you can see that at 10: 30 a.m. london time. this is bloomberg. ♪ francine: the u.k. -- ties to jeffrey epstein while the executive speaks exclusively pure he says he is been transparent about the relationship. if eltel and to the final results -- a volatility and to the final results. interviews coming up shortly. coronavirus cases spike. numbers in china surged by 15,000 after the diagnosis method.

bank of england governor mark carney takes questions.il dwane and peter chatwell. let me bring you to my chart, euros weakening. the currency is at risk of weakening. how much is dollar strength and how much is we are anxious about europe? peter: when i talk of dollar strength, the way i constructed in the model is not about the u.s. economy. it is about the weakness in the rest of the world. beingllar suffers from the reserve currency. the weakness in the euro is related to china. francine: that is even before tariffs from the trump administration. will we see tariffs? peter: i don't think we need to factor in tariffs from the trump administration. we need to factor in the weakness from q4 and the impact of the coronavirus. the euro area will still be in need of stimulus. the currency is one way and by allowing it to weaken, there could be an increase in competitive video. -- competition. tom: this is open and closed economies. the basic theory is the united states is a closed economy out of world war ii. how open are we now? peter: in

carney teen designed to speed up muscle and heart recovery for athletes it's considered legal indows this which do not exceed 50 millimeters over 6 hours salazar however reportedly invented a new method of administering l. carnitine through intravenous injections which itself sparked questions from u.s. anti-doping authorities it has not been a secret that more have had injections of the substance prior to the longer marathon in 2014 but the new documentary opens a fresh can of worms namely about the relationship between salazar and u.k. athletics meet barry fudge head of long distance running at you get led takes still working at the organization in 2014 he reportedly flew to switzerland to obtain the el carnitine in a form which could not have been acquired in the u.k. he did not document this trip even though he had to he's calling u.k. athletics dr rob chakravarty reportedly administered the injections to more and yet he didn't report it either even though it is against the rules to prevent he later said he simply forgot to do that over working and travelling to most of them even

that extension if if trade talks aren't you know progressing is as well as they might be but mark carney i think it came out the other week and said that it wouldn't be in the interest necessarily of the of the u.k. to necessarily line too closely with with the e.u. . possible another big big trade deal that the judge who would like to go over the line this year i would imagine was would be one with the u.s. as well. what's your take on the question of the rules because if you have is there any point at all in the goes the nation if there's you know the u.k. saying a 100 they're not prepared to do a line in the usa you have to well i think you know part of this is you know a negotiation of brinkmanship you know where both sides set up quite extreme positions but if you look at training gauche asians train to go she is often there is a compromise in the end so you know although we have been talking about kind of a heartbreaks it or a candidate deal and those sorts of references if you look at deals between european union ukraine or your communion in switzerland they often is you know some

jamaica now one of those $25.00 was found guilty of stabbing a 50 year old man to death since 4 days carney 70. 10 year sentence while convicted rapist fabian henry is behind bars for raping 2 teenage girls and they'll stay in britain pending an appeal by the government which is concerned they may pose a threat to the public for a while though they've been reprieved as the appeals judge at all they haven't been given access to legal advice or a phone you can government says it regrets the court came to that decision and stressed that will act to remove serious offenders who are not british nationals the offenses which these people are responsible for include one manslaughter one firearms offense 7 violent offenses 2 which are in the category of rape or sexual offenses and 14 drugs offenses we make no apology whatsoever for seeking to remove syria's foreign national offenders. we've got reaction from human rights lawyer sure current political commentator andrew walker on whether the port of criminals should have been given sufficient access to legal support even if they pose a serious threat

old man it to death fits where daley is now carney solving a 10 year sentence while convicted rapist fabian henry is behind bars for raping 2 teenage girls they'll stay in britain pending an appeal by the government which is concerned of course that they might pose a threat to the public but for now they have been reprieved does the appeals judge ruled that they hadn't been given access to legal advice to phone the u.k. government however says it regrets the court came to that decision and stressed it will act to remove serious offenders who are not british the offenses which these people who respond to for include woman slaughter one firearms offense 7 violent offenses to which are in the category of rape or sexual offenses and 14 drugs offenses we make no apology whatsoever for seeking to remove serious foreign national offenders. we've got reaction from human rights huish khan and political commentator on john walker on one of the deported criminals should have been given sufficient access to mikal support even if they pose a serious threat to society. this is not a regs issue the

office $5000000.00 for any information that could lead to his arrest similar to dina carney he was the designated terrorist in the united states is described by the agency's website as dangerous the afghan government also criticized the new york times decision to give him a platform now after the backlash the new york times defended its decision to publish the article it claims it's essential to represent all points on the conflict especially to highlight the progress being made in peace talks we've discussed whether everyone should have a voice on all. to publish or not to publish to give the pa platforms who were designated terrorist on the platform is this the right decision i think the editorial team of the new york times or to think very carefully about the decision i think they should think about whether they would publish an article for example by a far right terrorists and question whether or not they would apply their principles universally but nonetheless i think it's a defensible decision it's all about free speech being open to debate and discussion. of negotiations and dis

the governor of the bank of england, mark carney, has said the outbreak could mean the uk's forecastsaded, and some fear the virus could trigger a global recession. 0ur global trade correspondent dharshini david reports. don't be deceived by the cheers. that's just the traditional way to mark the opening of stock markets on wall street. the truth is that american shares are on track for their worst week since the financial crisis in 2008. around the world, billions have been wiped off the value of investments such as pension funds. reality has hit. coronavirus isn't just a funds. reality has hit. coronavirus isn'tjust a problem for china's economy but all our fortunes. we would expect that world growth would be lower than it otherwise would be. we are not picking it up yet at all in the uk economic indicators survey, 01’ in the uk economic indicators survey, or other things, but in the uk economic indicators survey, or otherthings, but if in the uk economic indicators survey, or other things, but if the world is slower than it otherwise would be the uk is very open economy and it has

carney has a moment unless the u.k. is going to sign up to regulate realignment a level playing field i can't see the u.k. the e.u. i'm agreeing to maintain a level of access the single market we have a moment right so if this is the hobbit we've already seen how difficult it was to resolve the easy bit this is the hard bit what if no resolution is found but what if we just don't look what happens then major challenges ahead catherine actually i don't agree where net importers for me you're in a large way and i don't think that the u.k. will change that a lot of people's tastes have gravitated to buying new products. but we've also had 47 years of comparative advantage within the e.u. so that we don't actually compete anywhere near as much as people think and even within the say car produces they will have one factory that produces all of the engines and another one that produces all caps and there will swap there there are projects around so that this kind of division of labor has has benefited the the u.k. to the poin

thanks for joining us on to the point and welcome to our guests matthew carney is chief correspondent for the us magazine politico he believes the f.t. hasn't destroyed america's legacy the f.t. is america's legacy what happened in the regio offers a glimpse of the chaos that lies ahead for germany's political system and great to have derek scally with us he is correspondent for the irish times and he says german politics is finally under the 21st century but it's the titians are too naive or scared to. notice. and of welcome to vent alina fun to plato she writes for the economist and she believes fragmenting politics and strong extremes are up and ending germany's traditional parties with the social democrats in even worse shape than. you. so i think actually many people have the impression that german politics are staged to the point of perhaps this that you say they are now finally entering the 21st century what does that mean it means we have sort of the reality of fragmentation happening elsewhere in europe that never really happened in germany germany was solid like a sensible p

i want to bring you some comments from mark carney, currently addressing the european parliament. so far, it looks as though most of his comments have been surrounding climate. no surprise there. he is a big activist on that front. his next role will be taking up an advisory role for the conference later this year to deal with climate change other comments he's saying, it is absolutely clear that brexit has hurt productivity growth he says central banks are watching coronavirus closely will act if needed no doubt getting a lot of questions about the environment. not just because of brexit but on the back of the coronavirus as well. if anything comes out of that, we'll let you know as well >>> switching to corporate news, campari posts rise in sales. ceo explained the impact of the coronavirus outbreak on their asian business >> china weighs about 1% of our global sales and retail another 3% to 4% we are relatively little exposed. it will have an impact on some of the plans we have this year we strongly believe in our opportunities in asia and our brand in china we were due to kick

jerome powell and mark carney oth testified today. daimler reports earnings in just a moment. set to unveil plans to axe as much as 15,000 jobs. we speak to the c.e.o. later. nejra: equity markets taking a glass half full look as we saw records. green on the screen in asia. japanese markets are closed. but you're seeing the aussie bids. a touch of yen weakness. the euro holding at a 10-month low. the yield invered and that's more with coronavirus risk than anything to do with the u.s. economy. we get the reaction from around the world as we get the numbers from daimler that we'll bring you in a moment. good to see you both. july yet, let's kict off with you. what are you focusing on? juliette: it looks like alibaba, the world's largest e-commerce company worth $580 billion could be blocked from that stock connect program linking our hong kong with chinese investors. this was to an earlier accord which saw the execution nair of companies. it was part of this arrangement and we saw alibaba's debut last year. we hear that they haven't made an exception to alibaba. this means inve

so the judean have carney says the withdrawal of foreign forces is the 1st and foremost demand of the armed group he goes on to say a liberated afghanistan will have an islamic system where all afghans have equal rights that includes the rights of women granted by islam to access work and education despite 18 months of talks in castle county insists washington doesn't trust the group completely and that the feeling is mutual he also says the taliban would be committed to all international conventions as long as they are compatible with islamic principles but we've been speaking to michael semple a former deputy e.u. special representative to afghanistan and he says the op ed indicates a low level of confidence on both sides. 6 months ago we seem to be on the brink of the us and the taleban signing on historic deal all fell apart at the last minute and president trump withdrew his permission they are the taliban and their doctors are trying to avoid the topping this time i think we have to think not as a how to think of this op ed not as a reflection of what's or oxycontin or anybody i

governor mark carney says he welcomes the government focusing on production in richer areas of the u.kaying that if the rest of the country could match the city of london, the economy would be larger by one third. indian prime minister narendra defeatbjp have conceded in the deli -- in the delhi election. ran andu-nationalist bjp aggressive campaign but has for 40to win delhi years. global news 24 hours a day on air and at quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. this is bloomberg. taylor: i want to bring you some breaking news. province has reported 1600 new coronavirus cases on february 11. now it is reporting an additional 94. 33,000 366.sing to the total china death toll rising to at least 1110. we will bring these numbers to you as they develop. i want to turn our attention back to the u.s. presidential race where we are awaiting the results of the new hampshire primary. the latest has vermont senator bernie with a 10 point lead over his closest rival, vice president joe biden. david, what is the tone on the ground? polls if

mark carney, the governor of the bank of england, said today he is really worried about a recession., to try to make sure that the british economy doesn't dip into recession. is there any economic stimulus or measure that could be taken to try to mitigate the effects of the impacts of the coronavirus? well, i mean, central banks are very limited and the tools they have at their disposal at the moment, you know stop interest rates were already very, very low. there is not much more room to cut. so that tends to be the only tool they have in their armoury. one standout thing for me, at the end of the piece on page one, is the travel and leisure stocks. they have been hit 19%. there has been a number of these firms going out of business over the last couple of years and obviously with another year of people not travelling, people will be put off by travelling, more people will be staying in this country, they say it is the heaviest decline since 9/11. you can see the effect it is having. did either of you see the story about the $10,000 the hong kong government has given their citizens?

students are in who right now and joining us on skype from the provincial capital is russia to look carney's a student of medicine that told us we understand you've been under lockdown since around the 22nd of january tell us more about your situation there and what you're doing and. actually riyad here in ohio. and when she hears. yesterday you know hon i am medical to join in i am from pakistan in. the us supposed to be. starting our internship in the theory and we were ready to go to pakistan but. due to their luck in our own since $22.00 after generally in. the generally under the law we cannot go. in and. inside our rooms. just quickly let me just let me just jump in quickly and say i mean i understand that also one of the dormitories next to you has been turned into a makeshift hospital do you think this is putting your health and your life at risk yes sure we have gone into a did to now the patients are being shifted to our dormitories in it's really a big problem for us even we can go even if we don't go out still we can get infected is the con artist going through the air assault so

. >> one comment from mark carney, the decision in their outlook is less than so far so good than soar good enough. they will hold. some surprised at the vote. judging by that and the reaction in the markets in terms of the strengthening -- the pound anthony, markets -- pound strengthening, markets interpreting this as they hawkish hold. >> w.h.o. declared the coronavirus outbreak a national emergency, however they say there should not be restrictions on travel or movement of goods. >> this declaration of emergency is not something w.h.o. those lightly -- does lightly. the concern for the global economy was not any additional restrictions, and the focus is on supporting these countries that might not have a robust of a public and the structure. that will be key in terms of long-term containment. >> a remarkable turnaround for u.s. equities, which will close the day in the green. we closed at session highs. >> amazon shares soared in late trading after reporting a stronger fourth-quarter earnings. the tech giant beat analyst expectations during the holiday quarter on revenue, operatin