many in the e.u. this system, but with regards to other countries, they take their own decisions, and we are still in development in the u.s. because we think it would cause them to lift travel so the -- restrictions. jonathan: you've called it dialogue. are you making progress? are you further along than a month ago, or are we going nowhere? valdis: at the end of the day, it is a decision for the u.s. to take. the residents are admitting into a country, the point is epidemiological data is a liability of the covid certificates which the e.u. is providing to its citizens. this is a good basis to lift restrictions. lisa: how different is it dealing with president biden rather than president trump on issues like this, and trade? valdis: as regards to trade, as we said, we are now on a much more positive track with a biden administration. several months ago, we resolved a long-standing dispute. we are now working on resolving another trade tariff done from the trump era which is steel and aluminum. we wi

the e.u.mission also weighed in on the argument and said they regretted the issue had not been brought to an end adding they would press london for disclosure on the methodology in granting fishing licenses. >> the campaign in afternoon was a strategic failure, chairman of the joint chiefs of staff general mark mille favored keeping u.s. troops there to avoid the collapse of the afghan army and the administration and then the takeover by the taliban. history of course showed that that was what happened. mille has refused to reveal what advice he gave to president joe biden on whether or not to continue with the withdrawal initiated by donald trump last year. there are now fears over toxic gas being formed as lava from the volcano in the canary islands meats the sea. an exclusion zone has been declared two nautical miles around the area. those people that haven't already been evaluated are urged to remain indoors. a commercial flight has landed for the first time since "the advocate" erupted 10

produce sold in the e.u. is subject to stricter post-brexit checks, while imports from the e.u.o the uk don't have to deal with the same paperwork. u.k. business leaders say this unfairly benefits their european competition. >> the asymmetric nature of border controls facing imports and exports distorts the market and places many u.k. producers at a competitive disadvantage with e.u. producers. reporter: and are the new timetable, checks on some land products and live animals will happen from march 2022 while safety and security declarations on imports will be pushed january 22. the move follows a row over the uk's cision to postpone border checks on british goods arriving in northern ireland, which e.u. leaders say breaches of the brexit agreement. reporter: kate moody with a business news, thank you very much. now, what do you get when you mix a lot of diamines, some standing ball gowns by the likes of oscar de la renta or balenciaga, and an a-list lineup of celebrities question mark you get that met gala, taking place in manhattan after last years fashion extra for games i ha

economy and joining the e.u.as been beneficial from that point of view because businesses have been able to expand. of course, yes, in some areas, wages were cap slightly lower than they otherwise should have been, but not in very many the evidence suggests that overall, this has not happened across economy but it has helped companies respond to the demand and it also helped grow the economy more generally and there were create more jobs. very low unemployment despite the fact that there were so many immigrants coming in and working and many of them becoming permanent from the e.u. the fact that we have left is a bit of a shock to the economy which we have not adapted to yet. the messaging is really quite important. people are not against immigration. we need them in so many areas such as the care sector. more labor as well. it's not just lori drivers who generally get paid a lot more than who work in the care sector , but it seems to have been spreading a class including the construction sector so it's not good

finally, the e.u.egislation that would require companies to equip their electronic devices with standard usb-c chargers i love this because it's so e.u. it aims to cut waste and make life easier for consumers. but apple has long opposed this move most of its devices feature these lightning connectors they remain concerned that strict regulation mandates just one type which in turn will harm consumers in europe and around the world. gina, i mean, it is very frustrating to have to constantly update your little cords. we all have cables all over the place. does the e.u. have it right here or will this really stifle innovation >> i side with the e.u. on this one. i think it is just such a pain to have to re -- and i travel so much and every time i have to refresh my entire travel bag of cords. it is ridiculous i think the e.u. has it right and apple is just whining. >> steve, we might now need more cords to travel if there's going to be one standard in the e.u. how is this going to play out? >> that's righ

is this e.u. membership important? >> yes.efore that we were on the path toward serbia recognizing close the -- kosovo but now with member states there is an over enlargement when there is a conflict. frantz, chilly, berlin, -- france, chile, berlin. if we do not have this membership perspective we could better solve this conflict. >> i want to say thank you to all of our guests and thank you for watching. you can revisit the conversation any time by visiting our website or on facebook. you can also join the conversation on twitter. goodbye for now. ♪ #oóoóoóoóoóoów■w■w■w■w■w■w■w■w■■ - hey, i'malerie june. coming up on reel sth. rowd cheering] - [valerie] each year, thousands of chinese students come to the us to study at american colleges and universities. for some, it's a difficult transition, oftentimes lonely and confusing. ♪ the bible is god's breath - [valerie] in the south's bible belt, chinese students are taken in by the christian community. despite their mmunist upbringing, many students become true believers. - [all

today the subsidy control bill will give us all a welcome chance to replace clunky and bureaucratic e.u -- [inaudible] -- with faster, simpleler and more flexible u.k. rules instead. will the deputy prime minister agree with me the subsidies need strong controls so they aren't misused by with, heaven forbid, a future labour government. [cheers and applause] so will he look carefully at details to publish more subsidies in the future rather than fewer as the current bill suggests? >> can i thank my honorable friend? he'll know, of course, that the house will be discussing our landmark subsidy control bill which will allow us to seize the opportunity having left the e.u., our new control system will provide quicker and more flexible support for businesses. but he's right what he said about transparency and decisions on subsidies that were previously subject to approval by unelected e.u. bureaucrats will now be decided by honorable members of both sides across this house, and that will give us the transparency and also the accountability. >> mr. speaker, i've known the honorable gentleman

inimitable to the -- [inaudible] and will he confirm the governments will draw the attention of the e.uthe partner advantages of mutual importance as advocated in the recent -- [inaudible] >> yes. i thank both my right honorable friend and the sensible brexit policy for their analysis, and it's good that the interim period has been extended because clearly the protocol is not, in my view, protecting the belfast good friday agreement, and it should in all its aspects, and we must sort it out. >> [inaudible] >> thank you, mr. speaker. yesterday without consultation the prime minister announced plans to impose the regressive torrey poll tax on millions of workers. the -- [inaudible] foundation estimates around 2 million families on low incomes now pay an average of an extra 100 pounds a year because of the prime minister's tax hike. yet again the tories are fleecing9 scottish families, hitting low and middle income workers and penalizing the young. [inaudible] the secretary called it a sham. a former chancellor said this is the poor subsidizing the rich. a former prime minister has called

france has been talking to the e.u., to suggest that the proposed e.u.tralia trade deal be slowed down. it was already going pretty slowly anyway. but it's getting reasonably warm hearing on that idea within the european union. scott morrison, though, says he's confident that that deal will eventually go ahead and saying that these things take time. and he may have a point. because we also have the aukus partners and the european union having the shared concern over the risks posed by china. the u.s. and the e.u. are moving cautiously on plans for stronger investment screening rules. from keeping technology from being misused that threatens security and human rights and also resisting challenges to non-market distortions. and that again, the subtext pretty clearly directed at china. haidi: bloomberg's paul allen there with latest. president biden of course using that first address to the u.n. general assembly to lay out his vision for an era of intensive diplomacy with allies and vigorous competition with great powers. but without a cold war with china.

just on the very day that the e.u. strategy was being announced so there is more than just a contrt about it. there is a whole economy of the relationship which is being questioned right now in paris. so this is likelyo end -- this is not just about the submarines. julia: can you give us more detail about what the foreign policy implications are? guest: the french mintry of affairs and diplomacy would like to know what the u.s. position is about. u.s. is a country which has been asking for a long time for the europeans to be more involved. then when that is happening at this very moment, the u.s. clearly showed they had no interest in the implications of. and the europeans decides to go along with the one country tha exited and said no to the e.u. we have to understand what the policy is about in the region. this is clearly a security partnership which is not itself a bad thing but indicates the approach seems to be purely military at the same time. france has built this partnership with australia which had ten a long

rachel: thought the statement by the e.u. by germany and the u.s i thought they were good because they not only condemned the nature of the so-called trial, this sham trial, they also call for her release. it is not every day these kind of statements call for someone like maria kolesnikova to be free. brent: the large protest we saw against lukashenko, they basically died down. many dissidents dissidents have fled the country. has lukashenko one? >> that is a pretty loaded term. obviously lukashenko is still in power. he has enormous power in the security forces to crush dissent. i don't think that it is waiting when you -- winning when you ahve to completely -- have to completely and morally bankrupt yourself and your government. it shows that you are weak. history is long. and look at, the many people that came out to support maria kolesnikova and maxim znak today. i think that their courage shows that history is long, and we'll just have to see about that. brent: with the human rights watch. as always we appreciate your ti

. >> we are not concerned by the current level of inflation in the e.u.r everywhere in the world. >> inflation is very much influenced by energy prices and crude prices. >> all institutions consider it will be a transitory future. we have to avoid it becoming structural. crimes we think this increase is a temporary one. >> we are monitoring it. we should monitor it very accurately, but without going to a conclusion too soon. clients we remain vigilant but we are not concerned. >> it is a natural feature of a strong recovery that we are witnessing. tom: finance and economy ministers speaking on the state of inflation in europe at the forum over the weekend. looking ahead to thursday's ecb rate decision, will policymakers dial down emergency stimulus while the delta variant still poses a threat? still with us is timothy graff, head of matt rowe strategy at 83. transitory or structural inflation, underpinning the views of the honks with in the ecb's governing board, they have been making their voices very clearly heard. are the hawks right? should the ecb st

that's why today we're launching the e.u.-u.s. vaccine partnership to work more closely together and with our partners in expanding global vaccinations. as we do so, we should unite around the world on a few principles. that we, for donating, not selling -- donating, not selling, it does is to low and live income countries. these, with no political strings attached. and then we support covax as the main distributor for sharing who approved vaccines. and then we fight vaccine disinformation, and exercise transparency to build vital public trust in these saving tools. it is also important so that we are working toward common goals and targets so we can measure our progress and hold ourselves and each other accountable. secretary of state blinken will be convening foreign ministers later this year to check on our collective progress. and i propose that we come together for a second high-level virtual summit in the first quarter of 2022, to help gauge our progress and keep our efforts fully aligned. another goal is dramatically boosti

and e.u. restrictions. you have got to be fully vaccinated.are waiting to see what testing requirements look like. is this going to kickstart business travel on the north atlantic? ben smith will be joining us shortly. stocks moving higher. looking forward to that conversation. he should be able to answer some of these questions. this is bloomberg. ♪ it's moving day. and while her friends are doing the heavy lifting, jess is busy moving her xfinity internet and tv services. it only takes about a minute. wait, a minute? but what have you been doing for the last two hours? ...delegating? oh, good one. move your xfinity services without breaking a sweat. xfinity makes moving easy. go online to transfer your services in about a minute. get started today. the comfortable way to work out. -that looks fun actually. -looks like a paisley. -hey, a paisley, we'll take it. -yeah. oh my god, i could do this and watch tv at the same time. -exactly! -fantastic. oh yeah, i can do this. this is easy. and definitely better than the floor. -it feels sexy. -it f

according to documents, the e.u. and the u.s.l discuss topics ranging from supply chains to trade challenges and climate. the talks are aimed at boosting their joint position over china. a panel of u.s. experts dividing the u.s. cdc recommends covid booster shots for americans who receive the pfizer jab over 65 years or older, long-term care residents, and those with underlying medical conditions they did not recommend extra doses for people whose work puts them at high risk of exposure, putting them at odds with the fda. the cdc director will have to sign off on the recommendations. global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. paul. paul: u.s. stocks rallied for a second day as investors braced the fed's bullish economic outlook while downplaying the risks of contagion from ever grants crisis. our next guest says it is hard for that to happen. joining us now is the cio and partner at advisors cap management. -- ca

you can watch more from the interview as she speaks about e.u.'onomic health on the next episode of the david rubenstein show, peer-to-peer conversations, at times you see on your screen. let's get a quick check of the latest business flash headlines. goldman sachs agreed to buy green sky for about 2.2 $4 billion goldman was one of the lead underwriters when green sky went public in 2018 at $23 a share. it is now purchasing the company at half that price. it is the market. a diagnostic testing company says its listings -- the merger gives them an enterprise value of 1.25 billion dollars. the deal includes forward purchase agreements. the deal is expected to close by the first quarter of next year. we have learned that india is seeking evaluation for its state backed life insurance corporation between 109 and 136 billion dollars and that will be the country's biggest ever ipo. the valuation is much lower than jeffrey's $258 but in line with others. sources say india would sell 5% to 10% of it. tata group and spicejet's owner have submitted competin

is looking to lift travel restrictions on fully vaccinated e.u. and u.k. travelers. by the air franceklm ceo ben smith. gas prices are up sharply again today. we will look at the impact the shortages are having on the food industry. let's look at markets. the gas price up another 15%

s exit from the e.u. has constrained the flow of workers. and the u.s.s set to begin giving covid-19 booster shots starting as soon as today. a panel of experts advising the cdc recommended boosters for over 65 who received the pfizer jab and people with underlying medical conditions. however they did not rem them for staff in high risk occupations. integrating the army and air force and navy in biggest reorganization. y and is moving closer to u.s. and its allies. global news 24 hours a day and on bloomberg quick take. this is bloomberg. dani? dani: thank you. now coming up, the u.s. cdc has recommended covid-19 boosters for americans who received the pfizer jab and what could be a shot in the arm for the biden administration. we're going to talk pandemic and markets next. this is bloomberg. dani: welcome back to the open. less than 40 minutes away from the cac equity tradings open. the ftse up .01%. the markets underperformed yesterday. maybe a little bit of a catch up trade this morning. mark, a lot going on. i know you had your eye turned to some of

the e.u. started months behind us and had bureaucratic wrangling.iticized the efforts. it hardens attitudes when you point fingers at republicans saying it is the looney right wingers refusing to take the shot and acknowledging there are a lot of african-americans who have been resistant and doubtful of these vaccines. you are making a big mistake. i really put this on the white house. >> martha: interesting point. kevin, what do you say about that? >> liz makes some interesting arguments. one of the positive things we're seeing with the full fda approval of pfizer. 14 million americans got their first dose in the month of august. those numbers are up and we need to do everything we can to encourage americans to roll up their sleeves. obviously it is kind of a carrot and stick approach in terms of encouragement and mandates. mandates are some of the reasons why we were able to eradicate polio, measles. those employers can set whatever conditions they see fit. the trend lines are in the right direction. liz's point you are seeing the president focus

sources tell us that disagreements among e.u. countries and or behind the changes we also hear that france would not agree to the draft conclusions for a trade and technology meeting plan for wednesday with the u.s. bloomberg has been told that u.s. treasury secretary janet yellen is declining to return calls from the i.m.f. chief, accused earlier of improperly intervening in a world bank report in her prior role there. the communication breakdown comes ahead of the i.m.f. and world bank annual meeting starting in october. and finally, the white house is refusing to link the u.s. settlements of criminal charges against huawei executive and china's released hours later of two canadians accused of spying. the biden administration says the u.s. would not refer to the episode as a prisoner swap. and it also would not be brought into the question of whether china would be encouraged to seize foreign hostages in a legal dispute. global news 24 hours a day on air and on bloomberg quicktake powered by more than 2,700 journalists and anal

taylor: at e.u. fix an underlying -- how do you fix an underlying secular problem when pretty much nobody but china has an ability to control a smooth transition? paul: i was not joking at all. look at the energy debate in the u.s., it is atrocious. you have joe biden coming on tv and saying we are going to be zero carbon in power systems by 2025. he means 2035 but that is impossible. it is kind of scary that the market will sort it out. you have measures in the u.k., a separate petrol crisis which is totally different. you have emergency regressive strategies. for example, california is opening up to burning oil to make power. sweden will be doing that. they will just be emergency reactions. one of the big triggers that can be pulled, the european government, the eu can relax carbon pricing and increased credit. that will certainly help the market if they can get their act together. that is a totally separate bureaucracy. it is funny, i was saying in my sunday notes, we predicted there would be a ma

the e.u.nveils plans to force common charging ports to reduce e-waste. ♪ >> here's your rather story for asia. we've got tropical activity slamming into central parts of vietnam that will move through laos and eventually southern areas of thailand. we could see upwards of 200 millimeters of rain, some real risk of seeing some flooding here. a solid band of rain over the yellow river valley and also toward the northeast. beijing could scoop up 35 millimeters of rain on friday. it will peter out on saturday and get closer to average by the time sunday rolls around. a vigorous system has generated wind gusts close to 100 kilometers per hour on tasmania. we will still see the winds as we head toward friday but look at this cool pool of air to the south. snow levels could dip to 200 meters above sea level and we could see flurries at sea level. sydney is basking in the sun with a high of 27 degrees. a bit of reprieve for new zealand. saturday we will see the rain fillon across the south island. lau

if e.u.ass the law, tech companies will have two years to switch their devices to the universal usbc charger and also apple wouldn't be able to sell you their own charger which you can only use with their own stuff. that would be bad. if you have a child of yours, say, between 14 and 10 years old, your house might be invaded with these p it /*pop its. the toy association reports theysome to be taking everybody by storm this year and everybody also includes monkeys. video of this 8-year-old capuchin monkey playing with the toys have gone viral for reasons that should be obvious for one and all. she carefully presses each bubble with her tiny hands and calmly flips it over and does it again. the pop it is one of the 20 hottest toys for the holidays according to an industry group others include the blues clues kitchen set, gabby's purrfect dollhouse, the balance man transforming bat cave and the squish mall owes food squad. like words from another goldman sachs to me. if you are planning to put

it could take two years for this e.u. directive to be implemented.e canary islands, thousands have been evacuated and hundreds of homes destroyed from the volcano on the spanish island ofla palma. >> this is the closest anyone has been allowed since the volcano started erupting on sunday. and here, you really do get a sense of its power. it is an awesome site. these truly are in nature strongest forces at work anno one can contain or control them. that is absolutely red hot lava continuously being sent into the air and flowing downhill. it has been so destructive to the homes and villages and communities that line the path of that lava. there is also a huge ash cloud spreading across the island here on the east of lapalma. it's more like gravel in places. it is really quite course. there is a thick layer of that absolutely everywhere, smothering everything. even communities that have not been destroyed potentially will be damaged because of the ash because of the fact that the lava flowing downhill has covered roads, it has wiped the infrastructure a

and e.u. perspective, we would like them to move a bit faster than what they have done so far.i jinping has promised to reach peak emissions by 2030, become carbon-neutral by 2060. as you just said, both of you have called for china to move faster. beijing wants concessions. would the u.s., john kerry, be willing to give some concessions, whether on major grounds, like xinjiang or south china sea, or remove sanctions that were currently recently imposed on solar panels, in order to get chinese cooperation on climate? mr. kerry: well, our presidents talked just a few days ago. president biden and president xi had a very, very constructive conversation. i was privileged to be there. and president xi embraced the idea of getting some things done together and moving on climate. obviously, both countries have concerns about other issues. that's -- everybody in the world knows that. but our presidents originally stated that climate stands in a special place. it's about the survival of the planet. every country has its own urgency for dealing with it. and it cannot be held hostage by

hopefully an e.u. for kids under 12, get more people vaccinated. what does it spell for the upcoming winter? dr. walensky: certainly, this virus has been humbling. so i want to remember all of those twists and turns that i have had over the last literally 18 months and said i think this may be a really bright step out of it, i do think we have some really bright step. i can see a future where we have the majority of the public vaccinated, we're working to vaccinate other people around the world, that we are optimizing boosters here in the -- optimizing vaccine effectiveness here in the united states, where children are starting to get vaccinated and feeling really comfortable back in school. i absolutely can see those times. and what really gives me hope, there's been so many challenges with this and so much dissension around it, but the things that i find beautiful are where people have really come together in the spirit of helping one another. those stories are fewer and far between because i don't think they make the news as often. having worked

they are not big e.u. membership's but the eu is a creature of consensus.uite difficult to build a defense structure that will simultaneously satisfy france who want to see a strong european defense and those whose national coach has been more cautious and more u.n. focus. the other issue and again, you mentioned that france is keen on this. germany has an election very soon. there government that emerges from the election will have an important job and they have been historically reluctant to make any moves that are too strong in the military domain for understandable historical reasons. i think a combination of german reluctance, and fear of location with nato have been the reasons we have not seen this progress since david told his son about growing a beard. i wonder if he has tried yet? >> and, he has a beard! natassia: let's see if the eu gets a bid. i ask you about the timing of this. as you alluded to, there are not just one crucial election in germany but crucial ones in france. while they both are proponents of this to begin with and clearly, the f

in other news, the e.u.sing belarus of a blatant disrespect for human rights after two of the main opposition leaders were jailed. the european commission called for their immediate release who were convicted of extremism and plotting to seize power. both denied the charges. six palestinian prisoners escaped one of the most secure jails. the men included a former commander of a palestinian militant group as well as five members of an islamic jihad to what color are the hands on the clock face of big bend? ? surely the most famous timepiece. the answer is not what you might think. after a $100 million restoration project, their hands have and return to their original color. >> count to completion. one of the biggest restoration jobs ever undertaken on a landmark dish building is approaching the finish line. it is good to see you. what is it you are doing here? >> we are servicing the rollers. this is one of the bits we could not get to when the hands were on. >> if you're a clock mechanic, this is like the ch

the fda is only allowed, we are only allowed to do what is on the e.u. way. we cannot prescribed moderna unless it is approved. it would be illegal to write a prescription for moderna boosters right now. everything is very confused with their messaging. everyone has to get all aligned. i think we'll have a clear message from the biden administration. kristen: usually doesn't the administration take what the cdc and fda says and go, we will go with that? >> the problem is that that -- that dissent is being played out on the newspaper stage and the media and in the fda sees in a different way than the cdc. it is very confusing, and the white house task force is going to come out and be more clear and put us together. kristen: i hope so. let's assume what dr. fauci indicated today goes. is he suggesting no mixing, that whatever you got for your first two shots will be the vaccine you get for your third? >> well, at this moment, because the johnson & johnson and moderna executive use authorizations don't allow for a third dose, there are legal implications for gi

conservative politician but we found his socialist voice and began using it against forced austerity as the e.uut greece's collapsed economy. >> from this point on, it is a heavy word. treason. i'm going inside to tell them myself. >> we fiercely criticized the government for adhering to the bailout terms and for its deal with macedonia over use of the disputed geographical name. ever there rebel and ever striving to voice their views and music of his country.

embedded in the e.u. he is talking the right language if he wants to become chancellor.hat part of the debate, you had the likes of the greens saying we need a common european approach to china. emphasizing the human rights question saying the government over the years has not done enough to stand up to china. immediately the free democrat leader who could be a key figure in this election was saying we must not try to go to the chinese and sort of attempt to muscle them in that way. we need to have a cooperative approach. need to find ways to work together with a high-tech nation of china because it is important for german export businesses. brent: let's hear from the green chancellor candidate who has experienced online threat during this campaign. >> we are a free country. that is our country's strength, freedom of expression, but when it turns into hatred and incitement, when it becomes a threat to others, we need to make sure there is not only opposition but that the rule of law takes full effect. therefore the first important measure especially with regard to the la

the e.u -- [laughter] lying in the emergency room. kind of walking around now able to kind of take a step outside the hospital. >> yeah. look, you know, the market's obviously what the fed just telegraphed there was going to be prep ifty of money, plenty of liquidity, lots of sugar in the system. what's not to love about that in the markets, right? obviously, unless there's some kind of event or bubble that's created in the process. but you're right, you're exactly right. this is, the economy is not where it needs to be, where it used to be a year and a half or a year ago, and it's perhaps time to start looking at ways of getting us off that iv, if you will, of liquidity that's been pumped into the markets from the fed and try to return to some level of normal i city. liz: -- normalcy. liz: and i'll say, chris, that today we got a save the date pretty much, november. let's be clear about that, for the tapering. but he was so cautious, delicately tiptoeing over the point that he said we will not take any indication from tapering that w

and the e.u. who have been unable to come to the u.s. for a long time. >> while they have been letting u.s. travelers in. this just makes it reciprocal if you will. but i wonder does the testing rule change? it does, depending on whether you are vaccinated or on vaccinated in terms of americans who go abroad and then come back. >> no, americans who go abroad will still be required to take a test upon reentry into the u.s. they will be required to take a pcr hours within 72 days coming back into the u.s. the administration is highly recommended that nonvaccinated americans don't travel abroad and if they do travel abroad, when they return they have a test within a day before the comeback. they shorten that time window of 72 hours to one day. the exception would be children traveling with their parents who are vaccinated for those under 12 who have not been able to have a vaccine because there is not one for them. >> what e-cig is the impact of all this, once we kick in these new rules in november? do you think more formative so call me --

august, has just tweeted about getting a pfizer jab, saying joining the ranks of those russians adding e.uapproved vaccines to their sputnik vaccine means they can travel. >> all of the time ias covering the covid crisis in russia, you could see how hesitant most russians were to get any kind of vaccine. at that time, it was primarily the foot -- the sputnik vaccine that was available. there's a couple things at play. first and foremost, there's a kind of complacency about the covid pandemic, in the first place. the idea that it's dangerous, the idea that it's highly infectious -- russians are generally pretty fatalistic. that's one thing to bear in mind. the message and they've been geing from the beginning of the pandemic is that -- the messaging that they've been getting from the beginning of the pandemic is that it's not that serious. look at life in moscow. apart from a very short period at the beginning of the pandemic, when there was a lot down -- lockdown, ever since that was lifted, life in russia, particularly moscow, has been almost normal. you would live life not thinking at al

we likely, as the united states, to see any structural changes in how germany interacts within the e.ue united states? >> that essentially depends on what coalition is built here in germany. it's not as in the united states or in other countries where on sunday after the vote, you know exactly what party will ad or what the next leader of the country will be. this could actually take a long timeere in germany. in 2017, coalition building took five months. and experts are now stressing that because the country is so polarized, that could also take a long time. so, we could see different accents, but it is very unlikely that we will see radical change here in germany. germany is not a country accustomed to radical change. >> sreenivasan: thomas sparrow joining us from berlin tonight. thanks so much. >> my pleasure. >> sreenivasan: for the first time in iceland's history, the country has elected a female- majority parliament. female candidates won 33 out of 63 seats in the icelandic legislature. the three-party governing coalition led by prime minister katrin jakobsdottir increased its ma

according to draft documents, the e.u. and the u.s. will discuss topics related to supply chains and trade challenges. the talks are aimed at boosting their joint position on china. global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i am vonnie clan. -- i am vonnie. this is bloomberg. shery: china will make the first sale of oil from its strategic reserves. he shares his market insights. this is bloomberg. ♪ shery: we are counting down to the start of trade in tokyo and seoul. in japan, we are watchingmihuho -- mizuho. their top executives have taken pay cuts because of it. on the politics front, it's the final week of campaigning for the ruling parties top spot. the race is fairly open and the four candidates will be doing virtual town hall meetings to firm up support. we are awaiting eco-data. we last saw manufacturing pmi at 52.7 while services pmi lagged at 42.9 in august and we get inflation data in a few minutes. we are expecting that core

the blackmail is open and it is brazen, russia and officials have said if germany and the e.u. approve nord stream 2 coming online, then they will turn this back up. on friday more than 40 members of the european parliament called for an investigation of the coercion, saying that gas pumps were driving up prices to question the european union and into streaming nord stream 2 activation. i want you to pause and reflect, the biden administration's claim to prevent nord stream 2 being used as a weapon for energy blackmail is if russia ever does it, germany will stand up to them. russia's doing it right now. not in 2006 -- well, yes, they did in 2006. not in 2009. well, yes, they did in 2009. today, last week, and they are not hiding it. they are saying we'll cut off your energy until you approve nord stream 2. how exactly is the biden administration claiming they are going to prevent the maligned use of this pipeline? they are literally surrendering to blackmail right now. for no reason. and, you know, sadly, the reason over the past nine months i have had conversations with just

the e.u. is formally ex-employing a digital euro. can you tell us where the federal reserve stands in terms of considering a digital u.s. dollar and what your thoughts are on a digital dollar? ms. brainard: so it's a really big topic. it's become much more kind of sail yant in recent -- salient in recent months because during the pandemic there was a continued acceleration of the move to contactless digital payment. so that becomes more and more the path of the future is fully digital payments. it's also the case that in the pandemic we saw how important it was to be able to get payments to households. it turned out the nearly 6% of american households that don't have bank accounts, it was hard to get those payments to them. and so that's a second motivating kind of consideration that i think has been more pronounced during the pandemic. but perhaps the most important recent development has been the proliferation of digital assets, cryptocurrencies that are called sabl coins which are impended to reference some kind of traditional as

according to draft kimmons, the e.u. and u.s.ill discuss documents -- global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i am ritika gupta. this is bloomberg. ♪ ♪ >> the white house, the house, and the senate, have reached agreement on a framework that will pay for any final negotiated agreement. so the revenue side of this, we have an agreement on, ok? thank you. framework, agreement of a framework. jonathan: the framework. anne-marie to translate some of this shortly. alongside kailey leinz and the soprano let's, i am jonathan ferro. futures down 21 on the s&p. thank you to the team at bloomberg for getting -- 1.4148 is where we are on the 10 year. mohamed el-erian writing people that you have to tell people the spurs and tots are the same team lisa:. nobody calls them the tots. that is the one and only tom keene jonathan:. jonathan:the regular audience knows this but i am sure we should have a disclaimer. let's get to annmarie hordern. a