but clearly i think the g20 leaders would want to hear from the g20 leaders would want to hearfrom chinathe g20 leaders would want to hear from china, what the g20 leaders would want to hearfrom china, what steps the g20 leaders would want to hear from china, what steps are they planning to take because a lot would depend on that in terms of what can they do from there, but coming to your original question, what are they planning to do. the other big issue on the agenda is new tax rules for tech companies are. that has been in the making for a while stopping the 620 making for a while stopping the g20 feels like there is a need to have new tax rules for tech and internet companies because they feel like companies like amazon, facebook, google, they open their officers in low tax countries and even though the customers are based across the globe, so you could be manufacturing or providing a service from a low tax country even though your customer is based in a high—tech country, because of which they are able to register high profit stopping g20 feels there is a need to bring in new rules

that is what we have knighted among g20 members. prepared it at the level of the imf and g20. take a do you expect to more prominent role if the domination is needed #you are running out of. >> there is a necessity to better use the fiscal stance. we had a very accommodative fiscal policy and there is no more room for maneuvering. either from the fed or the. it is time -- ecb. it is time to support growth. isley the cave -- that actually the case -- that is esp ecially the case. with then be satisfied current level of growth. yousef: how much more progress tax you been aching on the front? where are you at the moment with that? was successful. we have made a major step forward. the consensus on the necessity of having the new international based on digital taxation and a memo taxation for corporate tax. the fact that there is a can consist among the members on the necessity of this new international taxation system is clearly an improvement of the political situation. now, it is time to move on and decide. on -- in one will be july

get back to this g20 finance ministers meeting over the weekend. much has been discussed in response to this outbreak. what was the conclusion? >> they spent a lot of time response ont the this coronavirus outbreak. when it came down to the final communique, it was only mentioned once. a menu of policy options but gave few details when it came to a global coordinated response. they did say that the downsized risks will persist on the economy. speaking of supply chains, watch the samsung stock today. after aneen shut down -- this may impact some of the production of the high-end models. the company is saying they have shifted half of the business to vietnam. >> yvonne man in hong kong and tom mackenzie in beijing. we begin with japan ask about response to the coronavirus. the bank says it is well-prepared to act if it is needed to address the virus. said he is not afraid of the outbreak ask about effect on inflation. were -- a low on the dollar last week. after the biggest contraction and's to any 14. and the impact that it is having on its biggest

what is the coordinated g20 response in 2020? what is 2020? in our estimates, this will ring global growth from 3.5% 2.5%, which is a massive drop. it will bring chinese growth from around 6% to -1.5%, the first time china will post a negative growth number. that requires a response. the global number basically tells you that it is not just china, it is impacting neighboring countries like hong kong, singapore. and we have seen policy loosen their. the support the rest of the world can give in fiscal policy is to keep the door open for exports and for trade with these countries rather than shutting it down. manus: when i look at markets, 10 year treasuries at 1.45 10 year record low. equity markets are only just slightly shaking. underpricing, are are they underpricing those numbers you just said? are. they definitely at the moment they look at this, there will be a sharp decline and sharp recovery than we are done. that will not be the case. manus: may be this morning we rerate that comment from axel weber. wouter sturkenboom is still with us

the g20 meeting here in riyadh, really one of the first high-profile meetings of the g20 under saudi arabia leadership. coronavirus definitely top of the agenda. also leading to notable absentees. chinese delegation wasn't present because of the coronavirus, but it was still one of the key topics discussed. not really a huge amount finaled out of the communique, other than a commitment to continue to monitor the progress of the disease and the economic impact, and from some of the conversations we had with the delegations afterwards, there's a recognition that there may be a need for governments to provide additional stimulus measures to the global economy. i think there's nothing really decided in terms of what format that will come, and looking around monetary policy of the g20 countries, there's not much the central banks are able to provide. the question will be will government turn to fiscal measures to try to step in and do some stimulating spending to drive growth going forward. alix: thank you so much, bloomberg's matthew martin. where turn to iran, hardliners are celebrating

security council and will continue to be core members of the g7 and the g20. we are members of the world trade organization. we will push our agenda for free trade and liberalization. we will be central players in imf the oecd and we will be at the heart of nato at second biggest military spender working hand-in-hand on security prosperity and investment with united states are close partner. we will of course continue to work in close corporation with their friends and neighbors in europe both inside the european union and outside could we will seek security arrangements with the european union to ensure the safety and prosperity for citizens that we all want to see. we continue to face common threats and challenges in the global economy and global security. increases in non-tariff barriers particularly by g20 countries combined with trading frictions between china and the united states have resulted in a the slowdown in the growth of global trade to a mere 1.2% this year, less than half the rate of local gdp growth and an inversion of the normal ratio. threat

speaking at the g20 summit in riyadh, us treasury secretary steven mnuchin added central bankers were monetary fund also warned the epidemic is likely to shave off 0.1% from the global economy this year. the owner of the uk's best—selling newspaper, the sun, lost £68m last year as sales fell and the company continued to deal with the fallout of the phone—hacking scandal. daily sales of the sun fell by 8% in the year tojuly. its owner, news group newspapers, also revealed a £26] million legal bill related to phone hacking. the organisation fairtrade says the average woman cocoa farmer is paid as little as 23p a day, highlighting a massive gender pay gap in the global chocolate industry. the group wants governments and chocolate brands to join an alliance to increase women's pay. fairtrade says the uk chocolate industry is worth at least £4 billion a year, with brits consuming more per person than any other european country. up next — news briefing. for now, that is you up—to—date on the latest business stories. entertainment venues, businesses and local authorities could be required to

dominatedic fallout the g20 meeting this weekend in riyadh.t has basically the view that glass is half-full. the world will pass that stress test. one quarterorary impact on gdp and trade, and we will rebound. that is also in our projections. but it is the optimistic scenario. there are much larger downside risks. crannyloomberg's manus joins us now. take.as axel weber's but with everyone's glass half-full at the g20 meeting. manus: i think there is a certain amount of sort of stoicism. all ready for the next evolution. a crisis is never a crisis until you can see it, touch it, feel it, smell it. that draft of the coronavirus crisis and its impact economically is moving towards europe. could landed, and it travel more aggressively north, south, and to the west -- or to the east -- to the west, i should say. remains over at period of time, the equity markets you could say are playing catch-up. the bondekly close on market from last week. the other conversation, at the oecd, he talked about a lot of topics but he was a strong proponent of the su

who is around the table in the g20? we have the u.s. and china.n't appear to be in a good place to cooperate, having coming out of a damaging trade war. let's think about policy space. china has some policy space which is good, they are the epicenter of the outbreak. the u.s. has a little bit of policy space. europe, japan, not really any space to work with. , ifconcern i would have this outbreak proves to be hard to contain, we get more cases outside of china and spreading, is there the will power around the g20 table to frame that coordinated response? vonnie: can you contain gdp growth effects? can china contain whatever damage to this one particular region? tom: i think the answer that money is a definite no. china is now a very substantial player in the global economy. even if they run an aggressive expect a veryould marked slowdown in chinese demand in the first quarter, and perhaps equally damaging, as china's factory sector stalls, we will see supply chains snarling up around the world as well. we are certainly looking at an impact in chin

the g20 had their first financial -- financial ministers and central bank governors in riyadh, and theye a little bit sanguine about the situation that was going on and there was not really much that came out of that meeting, and that was sort of a communication and a timing mistake and the g20 last week and should have recognized the instabilities in some of the systems we were discussing. they are going to have to get on the front foot, and that basically is the month of march and the month of march is we have all of the majors, the ecb, the fed, the reserve bank of australia, new zealand, the bank of japan, all of these central banks now should actually cut interest rates. more importantly, we should have a significant increase in fiscal easing. >> we keep talking about finding bottoms here. of the asset classes that have an punished and terms of stocks, in terms of commodities, risk assets, basically, which is going to find a bottom first? >> the equity market is going to find it first simply because it is the most liquid space. the only equity market we need to watch is the u.s. it

what is the coordinated g20 response? 2019 was great. what is 2020?st to get the numbers right, likely in our estimates, this will bring global growth to .5%, which is a massive drop. it will bring chinese growth from 6% two -1.5%. the first time in postwar history where china will post a negative number for the first quarter. that requires response. the global number tells you it is not just china but very strongly impacting neighboring countries -- hong kong, singapore. the support that the rest of the world can give is to keep the door open for export and for trade. ,> when i look at markets equity markets are only just sort of slightly shaking. our equity markets underpricing those kind of numbers you just talked about? >> they definitely are underpricing downside risk. at the moment, they look at this as sharp decline, sharp reshape recovery -- sharp, v-shaped recovery, and we are done. that will not be the case. that was ubs' chairman speaking before the sharp downturn in global equities at the start of the trading week. next, more conversations

axel, what is a coordinated g20 response, 2020 style? if 2019 was rates, what is 2020? just to get the numbers right, likely, in our estimates, this will bring global growth from 3.5% to .5%, which is a massive drop. it will bring chinese growth from 6% to -1.5%. it's the first time in postwar history where china will post a negative number for the first quarter. that requires a response. and the global number basically but very strongly impacting -- tells you it is not just china. it is very strongly impacting neighboring countries -- hong kong, singapore. the support that the rest of the world can give with fiscal policy is to keep the door open for export and for trade with these countries rather than chatting things down. manus: when i look at markets, 10 year treasuries are at a 30 year low. equity markets are only just sort of slightly shaking. are equity markets underpricing those kind of numbers you just pointed out? axel: they definitely at a downside risk. at the moment, they look at this as sharp decline, sharp, v-shaped recovery, and we are done. that is not

the g20 summit takes place in riyadh this weekend.an it is today. that's because companies now realise their profitability and survival depends on it. a recent study by mckinsey found that firms with more gender—diverse workforces outperformed their competitors by 15%. so why are some businesses still struggling to get the right balance? our next guest, nicola downing, believes smart tech, such as ai, can be the solution. she's chief operating officer for ricoh europe that provides technology to help firms work smarter. nicola downing — welcome to the programme. so you are looking to ai for the solution, why is that? well, partly, i think. women in tech have always been a bit of a challenge, i think it starts from school, where girls are typically not choosing science and technology as subjects to study, but when women get into the workplace, they tend to be doing more of the repetitive, administrative retail type jobs and thatis administrative retail type jobs and that is al can really make a difference, free up time to up skill the

runs short. 21121; bangladesh eventually fell 18 runs short. 211211 india and setting the pace for the g20 good for us and we just want to ta ke it's good for us and we just want to take the moments. we are not really thinking about what happened before, we are working as a team, whether we win or whether we lose, we are looking at the game ahead and noting the positives and things we want to be corrected on or learn, we're just taking that ahead. 0 nto 0nto boxing now. deontay wilder has blamed the weight of his ring—walk costume for his defeat to tyson fury on saturday night and says he will sack the co—trainer who threw in the towel to end the fight. the american claims he was hindered by the outfit he wore on his journey to the ring, saying it was much too heavy — about 20kg. wilder is also in a position to demand a third fight, which he's indicated he will do, although it's likely to be without mark breland in his corner, who wilder criticised for throwing in the towel in the seventh round. four—time olympic gold medallist mo farah has repeatedly denied to us anti—doping investigators

. >>> and in an exclusive interview at the g20 in saudi arabia, u.s. treasury secretary steven mnuchin tells me it's too early to determine the impact of coronavirus on the economy >> in terms of the economic issues, it's tough to have strong predictions on the economic issues without being able to predict the health outcome. so i think we're going to need another three or four weeks to see how the virus reacts >>> namaste, trump the u.s. president addresses a 100,000-strong crowd as he kicks off his state visit to india hailing the country's economic potential and touting a trade pact >> we will be making very, very major among the biggest ever made trade deals we are in the early stages of discussion for an incredible trade agreement to reduce barriers of investment between the united states and india. >>> well, a very warm welcome to "street signs. i want to kick off the show by bringing you some data out of germany, fresh numbers just hitting the tape that is the business climate index which has come in strong for the month of february. the busines

parties within the g20. the overall majority had moved to write nationalism populist which included limits on immigration, close borders, tariffs and subsidies depending on whether the developed or developing. much more to the right than the left. but that is something we should be aware of, a global for whatever reason i think their policy reasons but for whatever reason there is a population frantically nationalism that is global in scope right now. >> why don't you way in. >> if the economy still mattered let me ask you this. -- >> the economy was not all that great -- go look at pennsylvania, michigan and wisconsin, look at the statistics. look at unemployment. >> if we were here four years ago today, would you point to wisconsin, i don't think so. wisconsin had gone democratic seven times in a row, the last democrat to lose wisconsin was mondale, the other two, six times in a row, these were not states they were pointing to. hillary did not step foot in wisconsin until the day. sometimes you anticipate

in terms of the imf, they put out a forecast ahead of the g20 meeting.ey think there may be a global growth picture will start to bottom out toward the end of this year on the back of fiscal and monetary policies. they still have a forecast of 3.3% growth this year compared to 2.9% in 2019. >> in hong kong, passengers released from a cruise ship quarantines in japan are expected to arrive in a number of hours. they were supposed to have already arrived. what is happening? >> things are delayed for a couple of hours. this after we learned that more people wanted to get on this flight after changing their minds. eventually -- it was 45 but now at least 102 are on board and heading home. as for the remaining 200 remaining that are still in japan, still unclear about their plans but we are learning another charter flight is set to arrive in japan later this evening. the hong kong government has expressed frustration on how japan has responded to this. given the fact they have more than 350 people on this cruise ship. with health issue officials screening pas

the next week, g20 finance chiefs meet in saudi arabia over the weekend.urday, it is the nevada caucuses. monday, we get germany's business survey, followed by the democratic debate in south carolina. u.s. gdp and durable goods come out on thursday. me, priya misra, vishwanath tirupattur, and tony rodriguez. let's talk about these china pmi 's. the estimates as they stand in bloomberg, 47.4 is the estimate for manufacturing. 50.0 is the estimate for nonmanufacturing. there in mind, this economy has been shut down for weeks. what are you looking for out of china in those pmi's and week out? tony: my expectation is i would take the under. of course, hard to say how much you really believe the data. it could certainly be a massage. it is hard to believe those numbers can stay even in the high 40's to 50 level in a given you mentioned you just had a complete shutdown for almost a month. see weakerect to numbers than the current set of expectations. jonathan: the u.s. pmi was soft, the german pmi, really weird quirk. delivery times, as they lengthen, the number

i was asking you before about the comments from the ubs chairman on the sidelines of the g20 saying thaterestimating the risk from the coronavirus. pretty powerful selloff in some markets today. you think he has a point? >> i think he has a good point. remember that most production and on the demand side -- in this case, it is affecting the whole world. we might see some recovery in the second half of the year. some are underestimating the first quarter. has there been a lot of talk about a v shape recovery? do you think we have not reached the bottom of that v v yet and how much deeper are we going to go? >> the first quarter, that will be quite deep. on the second half, we will see some recovery, but very slow. most of the production will return to normal. we are thinking about the numbers coming out for the first quarter. it depends on the stimulus actions from china. thatnda: not surprising the dollar is sgthengs investors hunkered down, embracing for the worst. -- inching ever closer to the 100 mark. worsehink there are things from this virus that can come. i think investors are thi

coming up over the next week, g20 finance chiefs meet in saudi arabia over the weekend. it is the nevada caucuses. monday, we get germany's business survey, followed by the democratic debate in south carolina on tuesday. u.s. gdp and durable goods come out on thursday. closing out the week with personal income and spending numbers, and a big one, china pmi's. back with me, priya misra, vishwanath tirupattur, and tony rodriguez. can we talk about these china pmi's? i will run you through them. the estimates as they stand in our bloomberg survey, 47.4 is the estimate for manufacturing. 50.0 is the estimate for nonmanufacturing. bear in mind, this economy has been almost shut down for weeks. it is an estimate and can move around, but what are you looking for out of china in those pmi's a week out? tony: my expectation is i would take the under. [laughter] of course, hard to say how much do you really believe the data? it could certainly be a massage. it is hard to believe those numbers can stay even in the high 40's to 50's level given you mentioned you just had a complete

the issue dominated the g20 in riyadh.k governors weigh in on the growing risks and what can be done. saudi arabia is working on new regulations that would cut requirements. here our exclusive interview with the head of the nation's monetary policy.

the arab news is at the g20 summit in saudi arabia, where global finance chiefs have pledged economicnd a young syrian girl washes her boots at a refugee camp in idlib where nearly a million people have fled violence. that brings you up to date with some of the papers. the united nations says the greatest exodus of civilians in the syrian civil war is taking place in idlib province. the fighting in the last major rebel stronghold in the country, has left about a million people trapped. the bbc‘s middle east correspondent quentin sommerville and camera operator fred scott have been into idlib and have this special report. a darkness is closing in around idlib. the regime is creeping closer, and those who oppose it take shelter where they can. 26 families are living in this empty shell. the tarpaulin walls put up by ismail yusuf aren't enough to keep out the cold, or the sound of regime shelling. bashar al—assad's forces are less than six miles from here. translation: if the regime comes here, we will head to turkey, but they aren't letting anyone in. in the end, we will have to go to t

when the prime minister later this year for the g20, what he make it clear that any future trade arrangement was saudi arabia, will be dependent on an improvement of their human rights laws and their human rights record, particularly in respect to women in that country? speaker, it will not escape the attention the right honorable gentlemen's a supporter and defender of the iranian regime in tehran, who have exacerbated the tensions in yemen by sending missiles to attack the civilian population of saudi arabia and of course we raise human rights in saudi arabia. we raise the rights of women in saudi arabia only the other day. we will continue to do that. we'll do that more vigorously as we pursue our policy of a global britain doing free-trade deals around the world which will give us leverage to make exactly these points. >> jeremy corbyn. human speaker, i condemn rights abuses in every country including iran, russia, and anywhere else where they are committed my question was, my question was, what is being done to and our future trade deals are dependent on good human rights in the countri

. >> when the g20 happened with all the presidents from around the world, -- we have all these factoriesed to sell. >> he said he has been forced to reduce his staff. likehave 15 working and all, we should have done so. we were working to remain open. have ae around the area big impact on the community as they hire to create the body. has five children and said he can make a little extra cash every month. >> i started around five years old to my mother. this is the only job i have for now. it is difficult to care for my children. everything is expensive. >> factories like this one say they could survive by producing only 20% of what is needed. mayor only waiting for the government to look their way. play, the los handled thers golden state warriors and they did it without lebron james. fine.y davis managed just he contributed this that set up kyle kuzmova before crashing into those courtside seats. lebron clearly enjoyed himself. the warriors remain bottom. shot, at thelf oman open, shaking the ball, but it bounced straight off them and side. nicely at the for now,here we did it more spo

on the other hand, we have the g20 finance minister meeting tomorrow. it will be interesting to see what comes out of that. i know the imf is going there with the intention to rally some support from fiscal stimulus collectively to try and head off what the managing director has called a more serious global economic shock. we will see what comes out of that. i'm not expecting anything dramatic. the timeliness of this get together is fortuitous for the market. virus still the number one thing you will be watching in terms of the spread outside of china, the degree to which authorities can get a handle on it? >> yes. clearly, it is the number one concern. it has the ability to continue to disrupt economic activity but ultimately investor sentiment. that can be just as corrosive to economic activity. until we get a better handle on this, that will be the number one concern. as i said earlier, at least as far as the u.s. is concerned, going into this and even some of the more recent economic data points, they have been pretty good until we got today's flash

does this create an opportunity to reanimate the g7 are the g20. we have and many other critical global health issues lower visibility, lower prioritization in recent years. emergingve a situation that is looking increasingly dangerous and long-term. what is your view? seth: certainly there is an opportunity. whether it will be taken or not is a different story. if i go back five years ago, it was funny i did attend talk. bill gates did attend talk at the same time, the same year. they put us back to back. intalked specifically about, the military context, we go out and do rehearsals all the time. we go out and try to see what is happening and have preparedness exercises. why don't we do that in global health? that was his talk. my talk was about g, we need some type of new mechanism to go ahead and make vaccines to prepare for new diseases, to have platform technologies. and low and behold, why was that happening? that was around ebola. and here we are. and we do have exercises that have been done so we are better prepared. but either we are now o

patriotism check is about a president that stands next to vladimir putin at an international conference, the g20, and when he is asked about interference in our election by a reporter, our president turns to that ruthless dictator and makes a joke about it. think about it. hundreds of thousands of americans, thousands of virginians have lost their lives on the battlefield standing up for democracy, for our democracy, for democracies abroad. that's what world war ii was about. four little girls at the height of the civil rights movement in that church in alabama, they lost their lives, innocence, in -- innocence, because they were trying to be part of that democracy and of the people were trying to show them out of it. the best moments and the worst moments in our country's history is about democracy and our rights and our freedoms and is -- and who is willing to stand up for them and who is not and this president makes the joke about it. so, i don't want us to shut out those voters. i want us to bring them with us in addition to our fired up, our -- [applause] sen. klobuchar: our fired up democr

scarlet: so many world leaders at the g20 in riyadh right now. you are in new york.look at how world leaders, u.s. leaders in particular are tackling the issue of climate change, do you feel like they are doing enough? david: i don't think we can ever say we are doing enough. continuous improvement, we have to do better. the reason we are here is the fact, it is almost like preaching to the choir. andll believe in social environmental responsibility. we meet once per year. i have been going to these meetings since becoming the ceo. it is first to talk to each other. investors meet with that are focused on sustainability issues. scarlet: sustainability is just one aspect of stakeholder capitalism. another aspect is employees. you have been doing a lot of work to automate your workforce and spending a lot on automation. how does that affect the fabric of your employee base? david: first, nothing is more important to us than our people. are our drivers. our service ambassadors to our customers. that is how important they are. transformation and embracing technology, wha

because they see a president that if the g20 stood there and was asked by a reporter about russian interference in our election, and he literally made a joke about it to a ruthless dictator in vladimir putin. that is what he did. think about it, hundreds of thousands of americans, including thousands of people from this great patriotic state, have lost our lives on the battlefield standing up for democracy. that is what world war ii was about. four little girls the height of the civil rights movement lost their lives in that church in birmingham, alabama. why? because they were innocent. they were trying to be part of that democracy and other people were trying to push it away. so many of our great moments in our country and our worst moments have been about democracy, about our constitution. this guy makes a joke about it. that is what that impeachment hearing was about. it did not end as many of us wanted it to end. but it is still going to be part of what we talk about going forward. why? because it is the same concept -- conduct that we see over and over again, where we have a president who

we have the g20 meeting.e should be more reonally based and not so globally-based is what they are thinking. ieyou cannot put the gack in the bottle. judy: the virus has been in the news for weeks. we have been watching ghat has beng on in china. what is it about right now that triggered today's selloff? >> over the weekend you saw that it was not jusioa china in scope.hat it was global it is going to hit and all of these different places as the professor laid out. it could cause massive disruptions. and the disruptions are t easily fixed with fiscal stimulus, tax cuts orin cut interest rates. you cannot recoup some of these and there is a lin effect. the reality of what was once horror movie on a screen is now a reality check that this c actually happen and that will businesses.behavior of a fear factor will act like a tax on the global economy. and in the u.s., people will be afraid to congregate or go to public laces. conferences being canceled. judy: is there a sense that governments -- you just said ther

happening here between the emerging markets and the developing world that came along in 2010 and the g20in stimulus of cash and interest rates. we have to think aft ancillary downturn of it, because of what it does for travel, for example. there was a huge travel show scheduled. cancelled. facebook had a big event, cancelled. we had the geneva show, cancelled. and in bahrain, also postponed. that city in the middle east, which is kind of the oil belt of the world, it sits on half of the proven reserves. with the bare market, this is not a correction, but the bare market, natalie, it's going to hit all of the economies in the middle east and north africa, particularly here in the gulf. even though they're low-cost producers their budgets are set for $70 or higher. we're hovering around $50. i'll be in vienna on thursday and friday for the opec producers are looking to cut about 1 million barrels a day, potentially, that's the downfall we've seen in the first quarter alone, because of the coronavirus. >> no one nose how long it will last either. thank you, john. >>> now to cnn's farai seve

longer-term, we do need government, probably in the form of whether it is a g20 or something along those come together to add some sort of sustained pandemic response over time, otherwise i think we will have these moments and we will be scrambling to find a good response after the outbreak starts. francine: do you see it changing? >> we will see. the scale of the current situation and the seriousness of the situation maybe will motivate a bigger long-term response. francine: i think you are in charge of the vaccines for h1n1, so this is -- it usually takes five or six years to develop a vaccine, and you did it in six months? case of h1n1, we were able to do it in about six months. i think with a concerted effort, we will see the companies currently working on it that hopefully can do something within a year or two, but it is important to note that they will do the clinical trials, then we will get the vaccine. in all likelihood, hope this pandemic or this outbreak has been controlled, and then what will we do after that? i think that is the question. francine: that was the chief executi

longer term we do need governments and whether it is the g20 or something along those lines, to comeher to have some sort of sustained pandemic response over time. otherwise, i think we will have these moments and we will be scrambling to find a good response after the outbreak of sars. >> do you see it changing? >> we will say. this will be an interesting moment. the scale of the current situation and the seriousness of the situation, maybe it will motivate a bigger long-term response. kailey: the aviation industry has been hit especially hard by the coronavirus crisis. bloomberg spoke with several top executives from airlines and aircraft copies about the impact of the outbreak which is dampened attendance and enthusiasm at the singapore air show. let's start with owings vice president of marketing. >> there is going to be pressure on our customers, the chinese customers, anyone who touches china. and customers who fly to and from and within the asia-pacific region. there's no question. the good news is, oil prices will probably be lower. but there's definitely going to be challeng

be beingf this will strong against russia as opposed to when this president was asked about g20 by a reporter russian interference in our elections, and he literally turned to vladimir putin, a ruthless dictator, and made a joke about it. his own military have made it clear, in the words of former national security advisor dan coats, that russia is getting bolder. obviously, one of the solutions is a strong nato and being supportive of nato. the other is doing all we can to prevent this from happening. we must also, as we look at appropriate response, deal with economic challenges like china, a country that has repeatedly demonstrated its human rights abuses from the detention of over one million uighurs in detention camps or cracking down on democratic protesters in hong kong. a lot of this is why i voted for the usmca and supportive of getting canada in those negotiations, having a strong north american trading block, that will make a stronger dealing with china as we are working with other nations. that is everything from subsidizing of industries, which i saw firsthand in minneso

the g20 finance ministers issued, the imf issued a pretty harrowing estimation earlier today.and then we see what i think modelers at the imperial college at harvard and elsewhere coming forward and putting out well, this is what we might imagine in terms of spread, a pattern of globalization and what that may mean. seth, given what we are today, how should we be thinking about what lies ahead in the still very uncertain period? >> first of all, modeling against wood of the one about what% of the pot populace willt affected. we just don't know. we don't understand enough about the epidemiology yet. there are differential mortality rates now in china than there are in countries outside we don't understand that. is that a case reporting issue? we need a lot more information. we don't fully understand the virus. are you fully transmissible during an asymptomatic case? is that a a subset of people? we don't know if there's seasonality which be a very important point, and we don't know if it spreads in tropical regions. given all of that, the more i learn the more worried i am abou

at this meeting of the g20, that is a good place to talk about that.ads me to my next question, which is on lebanon. given your experience in doentina, how much appetite you have to get involved in the economic and political turmoil currently playing out there? alwaysina: we are wanting to help those who are struggling with the most difficult challenges. this is our mandate. at this is our role. what i will stress is it is a very difficult situation. seriouso take a very look at what they can do to reform the economy, not to respond to us, but to respond to the lebanese people. we will see where they are and what we can do. away fromnot shy risky situations. they areis a call, if convinced there is a seriousness in the approach of government. a team you say there is there. if i can just follow up and ask, what would you like to see in principles an imf perspective? kristalina: what we need to see is realism in the budget and the projections of the government and a good constructive measure that is going to address the long-standing structure of governm

he turns at his podium before the whole world, the g20 and says why would vladimir putin want to interferen our elections? bless me, father, why would he want to interfere? why would he want to do that? well, the fact that 18 intelligence agencies, your intelligence agencies told you he is doing that, has done that, continues to do that, and worse may be coming. the idea -- and imagine what that does to us around the world. now our intelligence guys and women go to deal with any other intelligence agency of our partners. do you think they think you can count on our intelligence community and the president of the united states says they don't know what they're doing? this is dangerous. >> i want you to meet elizabeth tush, a real estate agent from henderson. welcome, elizabeth. >> i can't afford henderson. god love you. >> hello there. >> hi. >> okay. i am sick and tired of bringing a knife to a gunfight. it's high time that we get down and dirty with the republicans. it's one thing to rise above and not sink to their level, but i'm done with being nice. do you have that fire in your belly