spend time in europe, asia, send the secretary of state to do that. big force multiplier of american policy. some things that you can easily do with the withdrawal of forces from germany. if i have to choose one thing, i would resurrect our allies. that is the best way i know to leverage and multiply american power without having to spend and do more. thank you so much to richard haass, the president of the council on foreign relations, but also know author of this -- also the author of this new book "the world: a brief introduction." in the next hour, we will hear from the pimco ceo and the carlyle co-ceo, q some way. lee.wsong this is bloomberg. ♪ david: this is "balance of power" on bloomberg television and radio. i'm david westin. it is time for our stock of the hour, and it is innovio. they have a promising vaccine candidate for the coronavirus. here to give us the full story is kailey leinz. kailey: they are seeing a big rally off of the back of trading up a fresh record highs, up by 42%, bringing its you today rally to 560%. the department of d

countries in europe and asia will resist making that choice, particularly in asia.e too close to china. the united states is not seen as a trustworthy partner. the fact we did not join the trans-pacific partnership makes it hard to reassure allies in asia, the fact we spent so much time beating up on south korea and japan for what they are paying or not paying for having u.s. forces stationed in their country. we will not succeed if we force the u.s. to make choices between united states and china. the best way we could persuade china to behave in ways we consider to be more desirable is by approaching them with our partners and allies. that is where the leverage comes from. the great structural advantage of american foreign policy on paper, and it has been in practice for the last 70 odd years is we have partners, in europe and in asia. one of the great strategic mistakes of the current administration is throwing away that strategic advantage and isolating the united states and we are acting unilaterally. we are forfeiting a lot of leverage in the process. the conv

areas of europe asia and africa. for their victims to come along. the distances to several 100 meters. they can transmit. the often fatal crimea. and climate change populations to expand into regions where they didn't live in the past and with numerous dangerous pathogens. luckily there not only dangerous creatures lacking but interesting people like dr howard on and he's the right person to talk to today. your. doctor how to get on your from the robot call in situ it from the leader and you're here in the woods in nature and you're running around with a white flag collecting ticks while you're doing that. why we are doing like this in the last year groups were often drawn the more exotic to expiate. and we want to know what dick's because he was endemic in germany and the 2nd reason was to see the ticks are active or hold the proton or security is changing by the climate change because. the last 20 years of extreme and we have seen that. some ticks pieces been gone and security. increased thank you. so. you want to have an overview of all just a co

birds died off gas stations equity plants and blue green algae attract them annually from southern europe asia and the middle east. double caught works with the bomb in natural history society and is heading a 10 year long monitoring project. since last 2 years. removed from all these. other banks east and west bank march 2000. recorded on. 4000 feet and will soar that is the high us so far from mumbai. mumbai is urban rush might seem. but the city hall is the 2nd largest population of flamingoes in india after the salt plains of the vest. flamingos are one of the few species whose numbers have actually increased on the toilet just call this phenomenon. very human interference in an ecosystem can actually benefit my life. and the interference in tiny creek is enormous as it acts as a dumping ground for untreated domestic and industrial be used for a large part of the city to see which in turn promotes the growth of allergies on which the flamingos try. on a tautology. has been following these birds since they 1st arrived he believes that pile they are doing well at the moment the balance is a

areas of europe asia and africa. just wait for the victims to come along. the distances to several 100 meters. they can transmit. the often fatal crimean. migrating. and climate change are enabling to populations to expand into regions where they didn't live in the past and with them carrying numerous dangerous pathogens. luckily there not only dangerous creatures lacking but interesting people like dr howard on and he's the right person to talk to today. dr howard on your from the robot caught in situ it from the lead. in the woods in nature and you're running around with the wife like collecting ticks while you're doing that. why we are doing like this in the last year of europe's were often drawn to be more exotic to expiate. and you want to know what to pursue and they may control me and the 2nd reason is to see when the ticks are active or hold the proton also committee is changing by the climate change because. the. last 2 years of extreme and we're seeing that. some ticks pieces very daunting security. experience is increasing the source that you wan

live in areas of europe asia and africa. just wait for their victims to come along to see them the distances of several 100. they can transmit. the often fatal crimean. migrating. and climate change are enabling to populations to expand into regions where they didn't live in the past and with them carrying numerous dangerous pathogens. luckily they're not only dangerous treaters lacking but interesting people like dr howard on and he's the right person to talk to today. call. the. doctor how to get on your from the robot call institute from berlin and you're here in the woods nature and you're running around with the white flag collecting ticks while you're doing that. like this in the last year groups for often drama the more exotic dick speeches. of all and you want to know what dick's be serious and they're making to me and the 2nd reason is to see when the tics are active or how all the proton of security is changing by the climate change because . the last 20 years were extreme and we have seen that. some ticks pieces b

a land bridge connecting europe asia and the middle east merchant trade has been a part of the fabric of iran for millennia if shops didn't reopen soon iranians worried some would never open again but that. all these years that we have been doing business here we've never seen such a vast closure of the the reason is this fire is the disease is disease it's not up to me or you it happens if i'm going to contract corona today i'll get it if i don't contact it i won't it is up to fate closures meant to slow down the spread of the virus left the grand bazaar a national symbol of iran's mercantile tradition eerily empty on any given day narrow alleys would be bustling with people buying selling iranians living in the neighborhood said the bazaar one of the most important economic barometers for the country probably had not been so quiet in centuries. health and safety concerns associated with stopping the spread of the disease slowed business for the food and drink sector 1st and most. before the coronavirus outbreak restaurants were already struggling months of political and economic unr

movement has known no boundaries and has continued to overturn discrimination and unjust policies in europe, asia, africa, and every part of the world. the stonewall uprising is the most celebrated and symbolic event both nationally and internationally in the on history of the lgbt movement four for civil rights and equality, from its earliest

europe, asia first, then europe, yeah it remains to be seen how structural that is but yeah.eems like we're getting back to work and as you said, we want that sob safe. we have created safe protocols in all sectors close to 30 countries to help people get back to work and stay healthy while at work. >> when we think about the medium term outlook one of the big questions is how many of these jobs will be permanently lost and how many of them will come back when economies reopen. part of the equation then becomes up skilling and reskilling workers that are part of industries that may not ever come back the way they were. how does this work where does it lie in terms of preparing workers for the jobs of the future? >> that's a great question we created the alliance of safety back to work to very much create coalitions of governments and employees, trade unions and our sector our sector is the biggest employer in the world for 58 million jobs so we know where it's going to be so we really need to join forces so we see some industries. we have talked about travel and airlines the

, we can think of europe asa of asia, we can think of europe as a bit ofa of asiamy. let's get some of the day's other news. german chemicals giant bayer has agreed to pay more than $10 billion to settle around 100,000 lawsuits claiming that its weedkiller roundup caused cancer. it admits no liability or wrongdoing. bayer inherited the massive legal dispute when it bought roundup maker monsanto for $63 billion in 2018. the us department of defense has determined that 20 top chinese firms, including huawei, are either owned by or backed by the chinese military. the list, seen by us media, also includes china telecom, china mobile and avic. the determination could lay the groundwork for new us financial sanctions against the firms. finally, the surge on stock markets since april and the recent steep sell—offs have meant a rollercoaster ride for the thousands of private investors trading at home. interest in day trading has been booming, with people cooped up at home with time on their hands and no shortage of apps allowing them to buy and sell via smartphone. it has

they should not have to go to europe or asia or all over the world to look for a cure.call it the right to try. the drug companies do not want to because of liability, the country did not want to get sued. the labs didn't want it because they didn't want anything bad happening to them in terms of what they had to put on. you know, on their schedule. we said right to try. ivey sign a document and wa liability. the results of an unbelievable, absolutely unbelievable. [applause] one of the many things we've done, but every person here is playing a vital role in the greatest national, industrial mobilization since world war ii. we have marshaled the full power of the u.s. government and u.s. industry to defeat the invisible enemy. it is indeed an enemy. should have been stopped in china, came from china, should've been stopped in china, they did not do that. 1.5 billion pieces of personal protective equipment to doctors and nurses on the frontline. redtape to speed vaccines. therapeutics. privateered in -- with sector leaders to build the greatest capacity on the face of th

world war ii was fought in both europe and asia, and when it ended we found ourselves with continued responsibility for the defense of freedom. our objective is the independence of south vietnam, and its freedom from attack. we want nothing for ourselves -- only that the people of south vietnam be allowed to guide their own country in their own way. we will do everything necessary to reach that objective. and we will do only what is absolutely necessary. in recent months attacks on south vietnam were stepped up. thus, it became necessary for us to increase our response and to make attacks by air. this is not a change of purpose. it is a change in what we believe that purpose requires. we do this in order to slow down aggression. we do this to increase the confidence of the brave people of south vietnam who have bravely borne this brutal battle for so many years with so many casualties. and we do this to convince the leaders of north vietnam -- and all who seek to share their conquest -- of a very simple fact: we will not be defeated. [applause] we will not grow tired. we will not wit

you are left to those other countries, including ones in europe, and asia, like japan and south koreaincluding some in latin america, each of which would be trying to create a more regional set of order. you would have a g2 that would not be leading the world but that would be sitting like dueling big powers on the edge of a group of midsized countries trying to keep some type of order that benefits them. trying to see if they could create a critical mass. there is no president that has done this in history, by the way. i am not confident, but i think that would be something to explore. this,ne: robin, all of globalization, the g2, the g7, getting russia in, and certainly the protests -- will have an impact on u.s. elections in november. how will this actually change the election in november? does it give an advantage to president trump because he is focusing on law and order, or will he lose the election because of this? robin: president trump was seen as being in a strong position four months ago, principally because the u.s. economy superficially, i would say, appeared to be doing

we look at action across the atlantic and welcome heather conley, senior vice president for europe, asiahe arctic cssi. we are so concerned about covid is therel unrest, and any progress being made in terms of eu-u.k. trade deal by the end of the year? heather: there hasn't been progress. if anything, it seems like it has been moving backwards as both sides harden their own redline, where they want negotiations to go. we are about to get a more intensified process, weekly meetings to try to intensify. so everyone wants to intensify, to speed, but i am not sure where we are speeding toward. again, this comes as we watched the u.s.-u.k. free-trade agreement conversation. ambassador lighthizer said the other day, there are really strong demands on agriculture, to make that deal. it feels the u.k. is getting ping-pong between making decisions toward orienting its market toward the eu, or trying to lean toward a north american market. it is unclear what this is going to go, but we are going to get more talks. i just hope get clarity about where the u.k. is going to make decisions, whether tha

it was commanded by lord louis -- and the oss called the southeast asia command europe, asia had a colony why the oss worked much more closely with ho chi minh then they did either with the british or the french. because not only did the oss recognize, but all of those people recognize that all the brits and the french wanted to do was to come back in and take over the empires once the japanese were pushed out. >> if you could elaborate also on singapore and hong kong, stuff regarding what you were discussing when it comes to -- use territories after the japanese vacated. i'm curious to know where the key posts played a role in the greater scheme of things. >> i mentioned it in the book, but not in a good way. because the japanese, after the surprise attack on pearl harbor -- there was no warning to prepare before the japanese moved against the philippines and hong kong and singapore. unaccountability, didn't do anything. yeah he left his armor's on the ground where the japanese destroyed them. the japanese just sort of swept right through there. mcarthur would never let the oss into his

thousands in europe, asia and the south pacific continued marching to call for equality. >> black livester still reverberating around the world. protests in japan, new zealand, south korea, this as the u.s. embassy there. >> thousands of people have formed a human chain in berlin to unite against racism and discrimination. participates were asked to wear masks and keep socially distant from one another and were linked by colorful ribons forming what organized called a ribbon of solidarity. >> black lives matter! >> protestors chanting black trans lives matter outside the brooklyn museum. a number of groups took part in yesterday's demonstration with transgender activists leading a march. >> nearly 30,000 people all dressed in white in honor of black trans lives, it represented unity in the fight for equality, for justice, for two deeply marginalized groups in new york city. >> trevor: yes, from brooklyn to europe and all the way to new zealand, thousands of people from all walks of life are still assembling in the streets to say that black lives matter. and it really is a powerful thing

around the world, asia and europe looking to end its quarters as well europe and asia up we'll call that mixed. >> fed chair jay powell and steven mnuchin will testify before the house committee today. according prepared remarks, powell will call the future of the economy, quote, extra ordinarily uncertain and argue, quote, a full recovery is unlikely until people are confident that it is safe to reengage in normal activities the path forward will also depend on the relief and support the recovery that is needed. let's decipher those words with our guest. jeff, good evening to you in chicago, by the way. support the economy as long as needed is that fed chair powell saying we are going to keep rates low and keep throwing money at the problem until that problem goes away does the fed have our collective financial backs? >> unequivocally so, fed chair would continue to hammer the square into the circle peg they are not even thinking about or thinking about thinking about raising interest rates with that message, he continues to reiterate puts a lot of confidence in the market everything is

you see that in european country after european country, also in asia, but europe more recently. what accounts for that given that europe is reopening now. they've got hotspots, but they are reopening. and yet here in the u.s. we're reopening and yet the numbers didn't come down. >> that's right. well, i think it's just like dr. reiner was saying. by the way, i think he would be a great leader of a task force of some sort, i'll be honest with you. but that aside, i think it's because they stuck with the plan in the european union. this isn't that hard. we're not building a rocket ship skpending it to space. all we're trying to do is basically say let cases come down for 14 days before you start to reopen. why is that important? it's important because you get the case numbers low enough where you can start to get your arms around. you can find the people who are infected. you can contact trace and then, you know, slow down the transmission of this virus. right now it would be hard to contact trace in this country because there's too many new infections a day. can you imagine 30,00

the oss called the southeast asia command, saving europe's asia attic colonies.ch is why the oss worked much more closely with ho chi minh and vietnam either than they did with the british or the french. because not only did the oss recognize but all of those captive peoples recognized that all the brits and the french wanted to do was to come back in and take over their empires once the japanese were pushed out. so ... sir. >> just a quick question, if you could elaborate also perhaps on singapore and hong kong. about what you were discussing when it comes to western powers trying to recolonize these territories after the japanese vacated. just curious how singapore, hong kong and all these key posts play a role in the greater scheme of things. >> well ... i actually mention them both in the book. but not in a good way. because, the japanese, after the surprise attack on pearl harbor, douglas mcarthur basically had a day warning to prepare before the japanese moved against the philippines and hong kong and singapore. on accountability he did not do anything. he

markets in europe and asia start to buck the downward trend sparked in the us overfears about the economicact of coronavirus. the uk government's expected to drop its plans for full border controls immediately after brexit — with far less rigorous checks on goods coming in from the eu than planned. president trump renews his threat to intervene in seattle, after anti—racist protesters occupy the city centre. a group of a50 bereaved families in the uk are calling for an urgent inquiry into the government's handling of the coronavirus crisis. northern ireland becomes the first uk nation to re—open high street stores and shopping centres today. and, out to grass, how the horses and soldiers of the artillary have been responding to the cancellation of this year's traditional trooping the colour. hello and welcome if you're watching in the uk or around the world, and stay with us for the latest news and analysis from here and across the globe. i'm annita mcveigh. can get in touch on twitter about any of the stories we are covering today. official figures have revealed the scale of the economic

liz: leaders in europe, asia, also africa saying the same thing about china.a was trying to corner the market on and try to get the peasant braided china started to dominate the market on covid-19 vaccines and drugs. general, reports are coming in at the national institute of health, recently dispense reports of five dozen scientists resignation freedom of the ongoing trump administration . chinese and spies have infiltrated laboratories and universities in the u.s. to steal medical research and involves nearly 90 institutions and tens of millions of dollars in grant money . coming from china to back this research. what is your reaction when you heard that story. guest: how comprehensive china, trying to influence and steal information. intellectual property and stealth technology. missile technology, that goes on and on and on. the degree in which they do this is absolutely staggering. and just in our own country, a massive program as you suggest. it is impacting other countries in the world also with that advanced technology. and that we find that china, we

our brothers and sisters, from europe, to asia, all around the globe, are voicing the horrible deathf george floyd. his spirit lives on and we are going to use that to change and reform policing in this untry. >> thank you for speaking with us. we have seen antiracism protests spread from americao new zealand, to rome, and now here in london. this was the scene earlier, where organizers asked people to bring face masks and maintain distance from each other. the crow chanting the u.k. is not innocent. my colleague was there. >> police urge people that if they want to make their voices heard that the coronavirus restrictions are still in place. they walked out with their arms spread wide to maintain two meters distance socially. those who organize this protest say as much as they understand what is going on in america, it is not different than what is going on in the u.k. u.k. black communities are undergoing and they are --arch to victoria station, where they feel the railway worker who died with covid-19 after being spat at at work is not justice and they want to have -- protest to a

liberation movement has known no boundaries and has continued to overturn discriminate policies in europe, asia africa and every other part of the world. this, storm all uprising is the most celebrated and symbolic event, both nationally and internationally, and the history of the lgbt movement for civil rights and equality, from its earliest beginnings in germany in the 19th century down through the present day. given the pre-eminence of stonewall and the history of the lgbt's civil rights movement, the event has been widely commit commemorated and celebrated within the movement. until very recently, the history of this movement has generally been ignored are getting very limited recognition outside of the movement. this is begun to change, especially since the ruling establishing the right to marriage for same sex couples was made by the supreme court, which seemed to say to many people, that this is a legitimate moral movement. the two major speeches of which president barack obama linked the lgbt movement was that the black civil rights movement and the movement for women's rights helped th

movement inspired by the stonewall uprising has known no boundaries and continues to underscore in europe, asia and africa. and this is the most celebrated and symbolic event both nationally and internationally in the history of the lgbt movement for civil rights and equality from the early beginning in germany in the 19th century down to the present day. give the preemmence of stonewall and the lgbt civil rights movement. event has been widely celebrated within the movement. but until very recently the history of this movement has generally been ignored or given very limited recognition outside of the movement. this is begun to change. especially since the ruling establishing the right to marriage for same-sex couples which seems to say to many people that this is a legitimate moral movement. the two major speeches in which president barack obama linked the lgbt movement was those of the black civil rights movement and the movement for women's rights helped the public to recognize the movement as a legitimate american and civil rights history. and as for official recognition of the stonewall u

asia. kelly: i think we have to be , definitely emerging markets as a whole are lagging behind the u.s. and europeithin emerging markets. casesamerica, a number of .nd in eastern europe we prefer asia with emerging markets. within asia we prefer north asia, particularly taiwan because they are dominated by the technology sectors. they have strong order demand not only from the factory but the in sourcing from china. we will be selective in emerging markets, and we like asian emerging markets. going back to value, the question should not be about what valuation does a company company,, but what what value a company deserves. how do you find that? when we talk about value, valuation of the companies. if we talk about the style, the past couple of weeks this has --n tougher because [indiscernible] we think for the value sectors , we need arm v-shaped recovery. in the past couple weeks people were expecting that, so it started to outperform. and it is morect of a u-shaped recovery and the people will goen back to companies that have sustainable growth. we think the rally in the last couple of weeks ma

vonnie: you keep an eye on asia and europe as well. i'm curious as to where there are attractive opportunities, given the difficulties in the united states? kevin: we do look at europe and asia. one of the reasons we have continued to like the u.s. over the developed international markets, going into the pandemic, the u.s. was in a much better place from a fiscal and monetary standpoint. when you look at what has transpired in the pandemic, the u.s. has definitely throw more money from the central bank standpoint behind their economy, its economy. in europe, europe is now starting to come around and the ecb is starting to make some headway, as far as trying to support their economy. you are also seeing germany get stance,m its austerity start to actually spend money in fiscal stimulus. they are making progress. thetill believe, though, fed is leading the way and the u.s. is ahead of the game as it , and it'she markets rebounding from the pandemic. vonnie: thank you so much for your time, kevin nicholson, coming to us from hampton, virg

six airlines including air france, lufthansa, and united airlines have reserved flights to europe and asiaey have an average of 62 international flights per week on the schedule this month. that is less than 10% of the flights originally set for june before the pandemic. sfo anticipates more in international flights will be added in july. >> during the month we saw service begin again to london, multiple cities in germany, taipei, hong kong, korea. this is the first month where we are seeing international flying start up again at sfo. >> all travel advisories, restrictions, and screening procedures are still in place. sfo requires travelers have to wear face coverings and practice social distancing. >>> disneyland in anaheim will not reopen on july 17 as was first announced. disneyland says it is because of a delay in state health guidelines. disney said it didn't have enough time to bring all of its employees safely back to meet the original reopening date. disney still plans to open disney world in florida on july 11. >>> happening today. the san jose sharks forward will hold a round tab