kathleen. kathleen: thank you so much. still ahead, we will assess china -- japan's growth process with its vaccine program due to start wednesday. plus, does the us join open have lessons for the tokyo -- does the australian open have lessons for the tokyo olympics? who discusses with tennis australia' (announcer) do you want to reduce stress? shed pounds? do you want to flatten your stomach? do all that and more in just 10 minutes a day with aerotrainer, the total body fitness solution that uses its revolutionary ergonomic design to help you to maintain comfortable, correct form. that means better results in less time. you can do an uncomfortable, old-fashioned crunch or an aerotrainer super crunch. turn regular planks into turbo planks without getting down on the floor. and there are over 20 exercises to choose from. incredible for improving flexibility and perfect for enhancing yoga and pilates. and safe for all fitness levels. get gym results at home in just 10 minutes a day. no expensive machines, no expensive member

kathleen: good evening. from bloomberg headquarters in new york, i am kathleen hays. pattie: these are the stories -- the nikkei 225 topping 30,000 for the first time in two decades. winter weather triggering blackouts. bhp is under pressure after profits miss estimates. full-year net income comes in 16% higher but still lagging median expectations. kathleen: let's get a check of markets. sophie joining us from hong kong. sophie: hong kong market come back online, but taiwan and the remaining in holiday mode along with china. we have the offshore u.n. looking -- offshore yuan can to challenge 630. nikkei futures pointed higher after the index topped 30,000 on the gdp. we are watching the cross switch which might see momentum given the hope for recovery bets. copper at a 2012 high. iron or very much in focus. traders will be watching conference. we saw it top underlying profit, topping $6 million. they also announced a record interim dividend. sticking to the commodities story, focusing on oil markets. wti topping $60 for the first time in 13 months. cold weather appen

kathleen: ok.note better than anybody, you are in a discussion and debate with larry summers, the former treasury secretary. he was on bloomberg television friday and let's listen to what he said about what you have said. "bloomberg technology." >> i would rather cs investing money than expanding the capacity of the economy than sibley making transfer payments. -- than simply making transfer payments. what is remarkable as advocates of this program like paul krugman, when you put to them it may overheat the economy, they say no, no it, it won't. people save the money and people will use it to pay down debts. [video clip] and i cannot imagine a lower priority use of federal resources. kathleen: paul, what is your response? the question is, are we going to put money that is not targeted as well as it could be, into, take away from things we could see putting money into and putting it in the plan right now this year, like climate change infrastructure spending that would create jobs and help 70 people

kathleen: this story on pfizer.n israeli study, the pfizer beyond tech shot stopping covid spread seems important. in this country some people want to wait for the moderna shot because their trials did track the transmission of the virus after you have had the vaccine and it is over 90% effective and pfizer did not. what is going on with pfizer now? ian: well, the pfizer study as you said was important, in israel for a number of reasons. i would say three. the first was the one that you would expect, it is highly effective against the illness and 99% effective against death. israel, the country that has had the highest rate of vaccinations, has become a laboratory for pfizer in particular. so that was important. the second important thing which was very much up in the air, was the extent to which a vaccine could prevent infection from one person to another. in other words, you could get the vaccine, and the question was, could you infect someone else? and these results showed it cut it 90%. the last thing is, most o

this is bloomberg. ♪ kathleen: this is bloomberg daybreak: asia. i'm kathleen hays in new york.ack to our tv viewers and radio listeners all of the world. we are speaking to kansas city fed president esther george. president george, i want to start with the jackson hole symposium. it has been more than 30 years now. there was a point in the last several years when you as president of the kansas city fed decided, there are some women here every year that we need more women. what motivated you at that point? esther: kathleen, the jackson hole program has been a their important program because it focuses on broad issues that affect central banking and monetary policy debates globally as you know. when more than a decade ago, we began to look at the program and who was presenting, who would bring views to these important issues we were talking about, we began to identify the need to address some diversity. again, diversity of views and the people that are on that program, e central to understanding -- essential to understanding. we began to look at who are the people on the program

and, kathleen, i'm not sure, ms.anks, if you have flown a boeing 777, but you have flown boeing planes before. given what we have reported, what you know maybe through colleagues and some inside circles and information lines, what do you think happened here? >> thank you for having me. what i think happened is we have a united airlines 777, one of the older models. this plane if looks to be about 25 years old, but certainly the engine's a lot newer than that. they took off from runway 27 heading west from the denver airport on their way for a long haul flight to hawaii. it looks like they got to about 13,000 feet which since denver is a mile high, they climb roughly 8,000 feet, they had what we would call an uncontained engine failure. they apparently reported a fire back to air traffic control, and then they started the process of running through the engine shutdown checklist and securing the engine, notifying the rest of the crew in the back that they were going to return to the airport. i'm sure that they coordina

let me just ask you also, kathleen? why is this so expensive, if you will, the training do you and the community folks you bring in to make this all work? >> i think any- put out a really good product. but we have a collaborative role work environment. and, you know, so there is always, you know, kind of a buddy system. and that's expensive. >> that is. >> it works. >> it totally works than that's why you've been so special since 2014. check out ada's cafe website or check out the auction if you can't go there in person. >>> all right. that's going to do it for now. thank you for joining us on this interactive show "getting answers" today we'll be here every weekday >>> tonight, several developing stories as we come on the air. after the power disaster, now the water emergency in million people forced to boil their water. the long lines today for bottled water, the empty shelves at grocery stores. pipes in homes bursting across the state. at least 60 people dying now in these storm, including a 11-year-old boy found dea

kathleen hunter there.s is bloomberg. ♪ >> we have no reason to think that they are ineffective against any variation of -- any new variant of the virus, in protecting people, margaret, against a serious illness and death. that is a very important consideration for us. one of the big features of the astrazeneca that has been confirmed is that it reduces transmission between people. it is a 67% reduction in transmission, as a result of the use of these vaccinations. francine: that was boris johnson, speaking to cbs over the weekend. the prime minister facing mounting pressure to reopen the u.k. by the end of april, after reaching a milestone in vaccinations. more than 25% of the adult population has received at least one shot in the u.k. joining us now is paul hunter, professor of medicine. i remind myself that you were the first one that actually saw this virus coming over in march and told me exactly the time it would take to come to europe. what do you see is the thing people mi -- as the thing people mis

senate arms services committee holds a confirmation hearing for deputy of defense secretary nominee kathleen hicks. watch live on c-span3, online at c-span.org or listen live on the free c-span radio app. >> we're standing near the geographical center of san antonio, texas. we're in front of what's called the spanish governor's palace in a town that was actually set up here due to the conflicts between two european empires, france and spain in the 18th century. spain had, of course, established itself well in latin america and south america and in mexico, and northern mexico was especially important to spain because of very rich silver mines. france was over to the northeast in louisiana, and it was up -- it reached up to the northern borders along the red river where it was causing some trouble with the indians and looking straight across the empty reaches of texas into the silver mines down in texas and elsewhere. the spaniards knew they had to have some sort of defense, and they came upon san antonio, and so in 1618, 302 years ago, san antonio was established here. the first challenge the

romaine: global data -- haidi: global editor kathleen hays. is great determination to see change, but if it was simple it was already done. the former u.s. administration was highly critical of the wto and threatened to cut ties. >> there is great desire to reform the dispute settlement. i know the biden administration still has issues with it, as have previous administrations. there are valid criticisms about the way the body functions. vonnie: ghana is the first country to receive covid-19 vac settings through the wta kovacs rollout -- wto covax rollout. the astrazeneca shot is one of the most successful in the world and doesn't need to be stored at freezing temperatures. the hong kong exchange says it wasn't consulted on moves to resume stock trading's, a move that sent stocks tumbling the most in six years. it is seen as raising a next 1.5 billion dollars u.s. a year for finances hong kong exchanges -- for finances. global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more th

kathleen, chair powell staying on message. kathleen: certainly. the message is we will stick to the super accommodative monetary policy as long as the labor market shows us that millions of people in the united states are still unemployed. in fact, he said, despite this surprising speed of the recovery early on, we are still very far from a strong labor market whose benefits are broughtly -- br oadly share. he talked about in the q&a. some people have kept working for some are doing fine but many others aren't. that is why accommodative monetary policy is necessary. in fact, the fed's on pace to keep buying the same amount of bonds and no taper and to look at goals, inflation above 2% and staying there, full, maximum unemployment. any said very importantly hearkening to the fed's concern about racial disparity, disparity between the high income and low income. the policy needs to be accommodative. the whole society, he is calling on the government as well, has to be in on this. >> given that the number of people have lost their jobs and the likeli

kathleen: she was fed. not push a policy political stance, but as a treasury secretary, it is her job to do just that. obviously, this is one area where she and joe see i die, going big on stimulus, or she would not -- where she and josie eye -- and joe see eye to eye, or she would not have gotten the job. krugman said we went too light after the great financial crisis, the great recession, in 2008, 2009, on stimulus. now, we have to go big. it has to be strong. she said regarding the $1400 stimulus checks, shouldn't they be a little more targeted? she said there are things that there we cannot see. this is why they seem to be this size, at least. let's listen to what she says. sec. yellen: the $1400 checks, of course, we do not want those to go to very high income individuals and households, but that really helps to make sure that the pockets of misery that we know exist out there that are not touched by the more targeted things, help is provided there, as well. kathleen: yellen also said we need aggressiv

kathleen: what a difference 11 months make.ticians were hoping we didn't get that deep recession. we did have that month where the u.s. economy dropped by 30% but it was big. now, you have a pretty decent forecast. 5% growth, may be better this year. looking back on 2020, it was down 2.5%. does today's manufacturing report, purchasing managers, new s number staying at a high level. does it increase your confidence in this fairly positive outlook for gdp you have? mr. kaplan: so, i'd say it is consistent with my outlook, but there are a couple of significant downsides and there are meaningful upsides. on the downside, we are going to go through a difficult period in january and february with the resurgence of this virus. the bigger downside i am concerned about is do the new variants of the virus proved to be more resistant, less receptive to the vaccine? most scientists think the vaccines will be effective against those but the jury is out. and how quickly can we get the population vaccinated? for that forecast of 5% growth for

kathleen: let's look at the bloomberg chart.ake it, but i appreciate that about me and you look at the calculation. when you take the unemployment rate and add in things with the labor enforcement, look at the big difference. that is what jay powell talks about, that is what janet yellen has talked about. our true unemployment rate is something over 10%, most likely. this is the kind of thing that years the markets on. powell says it will take more than three years to reach the inflation goal, which is sending inflation in the u.s. up to 2% and higher, and keeping it there. if anything, jay powell is not trying to reassure stock investors as much as he is trying to ensure consumers, households, businesses, and congress that the fed is determined to keep policy stimulated, and both gaps on the screen are filled. haslinda: our global economics and policy editor, kathleen hays. still ahead this hour, we get the reaction to jay powell's soothing words with aberdeen standard investments. plus, more views on the chip supply plunge, an

kathleen: they are absolutely staying the course. it will be hard to leave, having watched that testimony for about 2.5 hours. let's remember, in the last couple of weeks, larry summers, noted economist, said all this fiscal policy in the pipeline is going to overheat the economy and cause inflation. the fed will have to move up their first rate hike until 2022. jay powell signaled nothing like that is on the way. let's listen to what he told the senate banking committee. >> the economy is a long way from our employment inflation goals and is likely to take some time for substantial further progress to be achieved. recovery is far from complete and the path ahead is far from certain. kathleen: the fed's new mantra, they are not going to do anything until substantial new progress has been made. getting back to maximum employment, which he defines as something below 4.3% at least. and it will take some time. jay powell was optimistic of course, because the economy shows signs of recovery because vaccinations are starting to roll out. h

kathleen: it will be difficult given that u.s. relations are in a very stressed and difficult situation. i see the rhetoric. -- i see the rhetoric becoming more normal and normalized. i think biden has made clear he wants to find some areas where he can work with beijing. north korea would seem to be one. i think it will be quite challenging. haidi: so the prime minister, south korean prime minister that we spoke to in that lengthy conversation, saying he thinks sanctions are of limited use, right? biden has called for more sanctions. what kind of a grand bargaining would actually be more effective? kathleen: what i heard the play minister say is that he did not think that additional sanctions would be useful. and i think that there is an understanding in seoul that the u.n. sanctions put on north korea are in the context of international norms and those are going to have to stay there until some movement is made towards complying with those international norms. but i do think that there will be a push from seoul, from the seoul g

lets bring in kathleen hays. every action. kathleen, no change. kathleen: no change, as expected.is interesting when you think about this, the reserve bank of australia started a six month bond buying program on november 20 of last year. it is not even halfway through that and already, people have been saying gee, maybe they have to start pulling back. it is a 100 billion dollar program, rba will go 15% of the outstanding government bonds in the nation. what is going on to raise this question and make us even say maybe they will announce something at this meeting? the labor market has gotten stronger, you mentioned that. payroll is up 700-8000 -- 708,000. australia was hit reasonably hard, but china, recovering from the virus, right? this faster than expected recovery boosting demand for iron ore, pushing prices higher, very good for a major australian export. home prices in major cities, bouncing backs the lockdown ended, so people are saying if everything is doing so well, why they need to keep buying bonds? of course, house prices is a big one in australia. they could definitel

kathleen mccarthy said that it's impossible to rule out implicit racial bias. in other words, the janitor, the cafeteria worker and the security guard can't prove they're out in racist. they probably are implicitly. meanwhile, kathleen mccarthy issued no apology to the employees she slandered or suspended. neither kanoute or the aclu apologized. they kept claiming she was racist. and rashaunn hall is the racial justice director for massachusetts and kanoute's lawyer. he said it's troubling that people are more offended by being called racist than the actual racism in our society. allegation of racism is not on par with the consequences of actual racism. in other words, if you're falsely accused and you don't like it, it's evidence you're racist. especially if you're a janitor. you could not find a more perfect distillation of the moment we're living there. here we have kanoute, one of the most privileged people on planet earth saying she's being oppressed by her servants. rather than getting laughed out of the room or sent for a psych evaluation, all of the oth

kathleen: you came up on the banking side.o shut down banks that were in trouble, so you know what this looks like, perhaps. you know what the signs are. when we look at gamestop, the retail trading frenzy, the short-sellers, you're not the sbc. you don't have to comment about that. but as a banking regulator, is there anything like this that can lead to financial instability is this kind of thing continues? esther: you're right. financial stability is an essential condition for the federal reserve being able to achieve its mandated goals for full employment and priced ability. and so looking -- price stability. and so looking carefully at the economy is critical, i think. and we know from past recessions, 2001, 2008, came about because of vulnerabilities in the economy. so, it's an area i keep a close eye on. markets can experience volatility. looking broadly at vulnerability, thinking about the capitalization of the banking system are all very important indicators and conditions for us to be successful in delivering on our m

policy editor kathleen hays joins us from new york area bond yields have been rising as the reflation bit takes hold. what is with the big sell off of things? kathleen: the tinder was there and the match was thrown, but let's start off with the numbers in the morning. new claims for unemployment benefits and jobless claims had a tumble. look at this chart, buffer bond investors, it is like whoops, what happened. you can see that the number is now down to about 730,000. it was supposed to stay up around 840,000 at the level that it was before. the labor market is improving, the economy is improving, what is this going to mean for reflation? there's also that 1.9 trillion dollar stimulus package which looks like it will be passed. we have people saying it will overheat the economy, so this all happened to go into a $50 billion seven year no auction. the demand was so bad that it created a spike in bond yields. the ratio was at two point 4%, that is the lowest on record. we saw the auction tail, 4.4 basis points, that is really wide. the most that they have had to buy because there was n

kathleen: absolutely. these are two developed economies, two advanced economies, different in size, but completely in step when it comes to monetary policy theory, monetary policy practice. the key phrase here for the rbnz out of their policy statement, which everyone jumped on was when it said "prolonged stimulus" is necessary to meet their inflation and employment goals. no surprise that they kept their benchmark rate 0.20 5%. interesting, though, at the last meeting in november, everyone was wondering if they were going to cut to zero and head towards negative rates. they have not done that, and now that the economy has shown signs of picking up, they are even less likely to do so. they also kept their bond purchase target at $100 million. we talk about the economy starting to pick up again. i think one of the key things for a lot of new zealanders is the red-hot property market. home prices rising pretty rapidly. you can see from this bloomberg chart, the latest rate for december -- or january -- was o

kathleen hicks. this nomination truly is historic. if approved, she would be the highest ranking civilian woman to be confirmed to serve at the department of defense. as we meets today we say -- face complex national security threats around the world and dr. hicks'extensive career in national security and the department of defense makes her well-qualified not only to confront these challenges, but also to handle the date -- day-to-day responsibilities of running the largest federal bureaucracy. as i was talking to folks about dr. hicks, she was described to me as someone who grew up at the pentagon. given that she began there as a civil servant in 1993, i think that is in accurate description. she served as the deputy under secretary of defense for strategy plans and forces and as sipple deputy under secretary of defense for policy from 2012 -2013. as we heard from secretary gates, he gave i think about as glowing an introduction as i have heard on this committee for anyone he has served with. before taking a lead role on the biden tr

senate arms services committee holds a confirmation hearing for deputy of defense secretary nominee kathleen hicks. watch live on c-span3, online at c-span.org or listen live on the free c-span radio app. >> we're standing near the geographical center of san antonio, texas. we're in front of what's called the spanish governor's palace in a town that was actually set up here due to the conflicts between two european

kathleen pulking took her dogs for a walk along pine street in knob hill this morning.tes later she says she returned home to find her mini van broken into. her work bag was gone along with something very valuable to her inside. she left a note in the window explaining what happened. >> and inside was the litman stethoscope that my grandmother gave me when i graduated from nursing school. she's passed away since then. i mean, it's irreplaceable. i have literally carried that on every shift i've worked, critical care, e.r. and i.c.u. 16 years. i really hope i get it back and my stethoscope, you know. it's irreplaceable. >> you really feel for her. kathleen's landlord had even sking if anyone sees the olive colored bag with the cleveland clinic logo on it would please contact police. >>> this amazing sight, a 141-year-old victorian home that was moved six blocks. it practically looked like a parade with hundreds of people who took to the streets to watch the ordeal. abc7 news reporter j.r. stone was out there and has reaction from spectators. >> reporter: nothing to see h

burns has more. —— our health correspondent kathleen burns has more. than ten weeks since margaret keenan became the first person to have a covid vaccine outside of clinical trials in the uk. it was the start of the biggest vaccination programme in nhs history. then in mosques and museums, stadiums and pharmacies, more than 1500 centres across the uk, over 1a million people have had a first dose of the covid vaccine. the government target was to offer that first dose to about 15 million people by the 15th of february. those in the top priority group include care home staff and residents, front line health workers, anybody aged 70 or over, and people who are extremely clinically vulnerable. ministers expected that around three quarters of people who were offered the vaccine would accept it. the reality has been much higher, about nine in ten over—70s. but there's still a final push, encouraging those who are yet to be vaccinated to come forward. we are totally focused on meeting the target of offering, by monday, everybody who is aged over 70 or a healt

are teenagers looking at at home away from teachers eyes that's what's more difficult right now as kathleen just there thank you thank you. we had to the u.s. now where donald trump's historic 2nd impeachment trial is opening this week with a sense of urgency democrats want to hold the former president accountable for the violence to u.s. capital see huge while republicans want it over as fast as possible the stark divide isn't only a political one it's every bit as obvious among ordinary americans. it's been over 2 months since election day but trump seems to be as present as ever in rural pennsylvania and his upcoming impeachment trial is finding little support here tonight. paula lynn grew up in piketon a small village on the outskirts of harrisburg he's about america we're not trump followers we want somebody that represents. long time america and where we came from america is at a crossroads and pennsylvania is a prime example for the divide between rural and urban on the one hand you have trump supporters who still believe that the election was stolen on the other hand you have democr

eastern on c-span three, the armed services committee hears from deputy defense secretary nominee kathleen hicks. >> next, a look at restrictions on in person religious gatherings during the pandemic. the heritage foundation hosted the event looking at a case brought before the supreme court, arguing against these restrictions due to first amendment protections on religious freedoms. this is 40 minutes. >> welcome to heritage live. my name is emily and i am the director at the heritage foundation. this event is religion is essential: covid lockdowns and unjust religious discrimination. on the people -- on the eve of thanksgiving, there was an important victory one on behalf of religious liberty. a roman catholic diocese and -- stopped evan or cuomo from -- governor cuomo from capping religious gatherings. neil gorsuch wrote, the only explanation for treating religious places differently from -- during a pandemic seems to be a judgment that what happens there just isn't as essential as what happens in secular spaces. that is exactly the kind of discrimination the first amendment for bids. y

kathleen, taken away. >> is everyone on and you can see. >> not yet. >> i cannot see. i do not see the slide it. [inaudible]. >> we have not pulled the voting stuff up yet freighted by now do you see a slight with all of your names on it? >> i just did. and we know that when everybody has cast their votes. so those of you and i'm double checking, you are now login. you need to login. that is why. >> i do have a live screen. >> you are good now. go ahead kathleen. >> does anybody have any more questions about the voting process or procedure. ... ... i think we are all having issues with our screens. i'm i'm having it too. it's just delayed. >> make sure that everyone's votes were submitted. >> let us go ahead and kathleen go ahead. she will not close the bolt until all of you have had an opportunity. >> if you could pull up the voting and if you could read the voting question. >> for the record based on the totality of scientific evidence available the benefits of the covid-19 vaccine outweigh the risks when used in individuals 18 years of age and older. >> thank you. i

health and human services secretary kathleen sebelius. she's also the former governor of kansas.r to have you with us. >> thank you. nice to be with you. >> so president biden's goal after cnn's town hall was to refocus the nation on the pandemic and sell his $1.9 trillion covid relief bill to the public. what was your assessment of how well he did that? >> well, i think it was a great forum for president biden, he loves to engage with the public. and i think he clearly was enthusiastic about making the trip to milwaukee. back to wisconsin, a very cutting-edge state. and he was able to focus the conversation on not just covid and what's happening with vaccinations and school openings but to really focus on the relief package that is so important for congress to pass and pass quickly. given the fact that a lot of people's benefits will run out at the end of march. and i think he did a great job clarifying what's in the bill and pressing the urgency of the issue. >> and we also learned from president biden that by the end of july, vaccines will be made available to all americans. t

eastern on c-span3 the senate armed services committee here some deputy defense secretary nominee kathleenicks. >> former president trump became the first president to be impeached twice. last week house impeachment managers delivered the article of impeachment against the former president on incitement of insurrection to the senate with maryland democratic representative jamie raskin reading the article before the senate. >> donald john trump doesn't work impeachment and trial removal from office and disqualification to hold and enjoy any office of honor, trust or profit under the united states. >> so help you god. >> i do. >> the following day senators were sworn in as jurors in the trial. republican kentucky senator rand paul requested a point of order to dismiss the impeachment charges unconstitutional. >> therefore i make a point of order that this proceeding which would try a private citizen and not a president, vice president or civil officer violates the constitution and is not in order. >> the motion was tabled in the 55-45 senate vote. afterwards the senate approved the rules of

kathleen sebelius was the health secretary. so glad to have you with us.ake advantage of your expertise in this area. is there anything that you learned during that time and the rollouts for h1n1 that might serve the current administration right now? >> well, thanks for having me and i would say the good news is anything i learned, joe biden also learned because he was vice president during that critical time. so he has actually been through this process before. what we know is that a national plan from start to finish works very well. there will always be glitches, there will always be more optimistic reporting from manufacturers than actually delivery. there will be glitches along the way as we've seen with the weather that can not be solved. you just have to work through it. but what's been missing and now is in place, at least for the last four weeks, is a national strategy, very clear efforts on behalf of the american public by the national government, and clear partnership with states saying we, national government, will deliver these kinds of things

meanwhile, the senate armed services committee held confirmation hearings for kathleen hicks tuesday, biden's pick for deputy defense secretary. senator elizabeth warren questioned hicks on the $740 billion defense budget, which warren called unconscionable. >> we connue to overinvest in dense whilunder investing in public heah and much more that would keep us safe and would save lives. soet me ask the question this way, dr. hicks, do you believe that we can find ways to lower the top line budgetumbers and then spend that money more effectively without sacrificing our security? amy: kathleen hicks responded cutting the military budget would necessitate "making decisions that may incur risk themselves." senator elizabeth warren, who is joining the senate finance committee, said her first order of business would be to introduce legislation implementing a wealth tax on fortunes over $50 million. the tax would likely affect 75,000 of the richest households. "it is time to make the ultra-rich pay their fair share," warren said. politico is reporting house minority leader kevin mccarthy is

kathleen: the data are going to be fine and will show growth.he question is, i think you are still going to have democrat and janet yellen singh we need to go back. this shows -- and janet yellen saying that we need to go big. when you look at payroll, they are supposed to rise by 180,000, and that is much more than 49,000. the problem is there are still millions of unemployed. that is why many say you need faster growth to get we are going. economists generally are going to say yes, you need more stimulus. >> next, a preview of the national people's congress in china, with a bloomberg opinion columnist. this is bloomberg. ♪ chris this is daybreak: asia. factories and businesses close during the lunar new year holiday. and virus restrictions curb frenetic travel season. the initial pmi reading fell to a nine-month low in january. that is lower than the median estimate of 51 in the bloomberg survey. southeast asia's leading ride-hailer is setting up vaccination services in indonesia to help inoculate against covid-19. the program non--- launched

kathleen hays is here with a preview.conomics saying that they are concerned of a weakening rupee here. why is that? >> the last thing you want to do is cut your key rate again and see your currency go down, down, down. until recently, everyone agreed that 22 of 29 are convinced they will cut the key rate because the economy needs it. so far, the economic recovery is slow. inflation is getting weaker. let's start by looking at a cup of bloomberg charts. let's start on gdp. indonesia's economy like everyone else, this is actually the inflation chart. we will go there. there it is. you can see that this is the first drop in indonesia phosgene to pay on a yearly basis since the asian financial crisis. that is back in 1998. that is a long time ago. within that move, there was a drop in the middle of june when the pandemic hit hardest. the fourth quarter of the year is down 2%. the finance minister saying she does not expect even other bit of growth in the first quarter. she is looking for flat gdp. that is one of the reasons

. >> this morning the senate armed services committee held a mission for kathleen hicks. watch live at 9:30 a.m. eastern on c-span3, online at c-span.org or listen on the free c-span radio app. former president trump became the first president to be impeached twice. last week house impeachment managers deliver the articles of impeachment against the former president on the articles of insurrection with maryland representative jamie raskin lee reading the article. >> donald john from lawrence impeachment and trial, removal from office and disqualification to hold and enjoy any office ofhonor, trust or profit underthe united states . so help you god . >> the following day senators were sworn in as jurors in the trial. republican kentucky senator rand paul requested a point of order to dismiss the impeachment trial as unconstitutional. >> i make a point of order that this proceeding which would try a public citizen and not a president, vice president or civil officer violates the constitution and is not in order. >> the motion was tabled in a 55 to 45 vote. afterwards the se

you know, cookie, kathleen, george, mike, dawn -- i can't mention everybody, but you know we are thinkingut you. he loved all of you more than anything. he loved his wife, kathryn. kathryn was the love of his life, as he just said. earlier today, delivered a very powerful, and i'm sure as rush would want it, stoic yet so difficult but powerful tribute. listen. >> from today on, there will be a tremendous void in our lives, and of course, on the radio. rush loved our miraculous country beyond measure. an unwavering patriot. he loved our united states military. our flag. our constitution. our founding fathers. he probably thought and defended conservative values in a way that no one else can. rush often stood up and took arrows on his own because he knew it was the right thing to do. rush encouraged so many of us to think for ourselves, to learn, and to lead. he often said it did not matter where you started or what you looked like. as americans, we all have opportunities like nowhere else in the world. rush gave us hope that through hard work and determination, we can overcome the obstacle

don't engage with other tribes, you know, we'll be safer, we'll be existentially more secure. >> kathleen wrote a terrific book, "bring the war home," which is about the white power movement, and the idea of deapril la war far -- guerrilla warfare. talkingtasha, when i've had conversations with conservatives who identify as being christian and their relationship with republican party is not necessarily they belief that the republican party shares their values, but more so that it will protect them as a bulwark against the people who don't. and and now that we're starting to see -- and there's always been, i think occasionally people forget that christian leftism is not a recent concept. r.i.p., oscar romero. but the conceit of christianity and the role of faith as being something purely of the right, i think people understand that is not true now and has never been true. but what do you think of the role space has played especially in how identify as conservatives and how people identify as republicans? >> uh-huh. so i think faith plays an interesting role in the sense that it's very much

joining me now is kathleen rice, thank you for your time. a retired one, attacking another police officers in the line of duty to protect elected officials. they literally hold the same job, to protect elected officials, yet here was it is nypd officer attacking this capitol police officers. >> yeah. you know, i hate to say this, but it's not shocking. let's star with the problem, okay? whether we're talking about the election, he covid or any other issue, many americans believe things that are just factually not true. the disinformation ecosystem in social and traditional media is so wideproceeded and pervasive that those who stormed the capitol truly thought they were doing the right thing. this is a terrifying reality. it poses a grave threat to our democracy. as to this individual, not only was he a retired nypd officer, he was a former marine. what we know now is that one in five of the insurrectionists who stormed the capitol on january 6th were veterans. there is a specific, targeted attempt by malicious actors online targeting vetera

kathleen to sort out what can you tell me and much not. to put a group we've looked at before me for. some of the work that we thought about it 1st. of all. one sort of the focus here. distributed to more than to send those advantage a hospital. that does produce is and and or comes up to mischief groups many track to me. who more than 1.3 me don't move since ships would question stuff to be much nastier. charlayne to show he's one of the chefs to make to the best means to feed. the pain that i saw within those people really motivated me to carry on cooking and there's going to be no step to the skulking as far as i am concerned. some of the symbols of the country that they need to produce and believe but as possible as to children's homes homes. and individuals in finding something just once you get up the p.c. free weeping ever seen. the new $100.00 voted to evolve the project out of their achievements too soon west and more importantly how to fall into hunger benny's. and that is that for now be sure to check out all of the stories on f

things then the need to protect these cattle kind of became very strong so these beautiful indigenous kathleen up your greed on the home and. many of these are drawn. which don't actually give a lot of men. and i realize that these cattle are dying because our whole focus is on going. to preserve these breeds logical focus had to shift away from dairy. and so be germs dung whole project was born i delayed the piles and piles of dung in oil washing a lot and it's going this and. a lot of dung lying around also means release it releases and you can get it's not even going to the right is. that dung whole project promotes an economy around cow dung. every day sometimes in $400.00 kilo's are gathered to be converted into a vigilante of products. ensuring a 2nd income for farmers suitable were not there he says we make seed balls like these using seeds from big trees like the neem. if you scatter them on empty fields before dreams they start growing. we also make images of the day it is going asia and luxury using dung and mud these are used during the valley and customers come here to buy them if

for a strike the last few weeks kathleen walking through snow to avoid any slip ups but to finish this to take us to a whole new level ya know some local volunteers use nothing but their footsteps to create peace. in the capital helsinki. combine to resemble massive snowflakes. $160.00 metres across but it's unlikely to stand the test of time and the snow is forecast for the next few days. well that's it you're up to date south coronavirus a special is next i'll be back at the top of the eye with. the fight against the coronavirus pandemic. has the rate of infection been developing what does the latest research say. information and context around a virus update nineteen's. on t w. n u you know yes yes we can hear you and how last year's german chancellor will bring you an angle a man called as you've never had to have surprise yourself with what is possible who is man called really what moves are important also who talked to people who followed her along the way admirers and critics alike how is the world's most powerful woman shaking her legacy joining us from eccles law stops in. a s

it certainly heightened frustration as health and human services secretary under president obama kathleen sebelius was there for the sometimes rocky rollout of the affordable care act. she says the biden team must make it easier for eligible americans to register for shots the information about where individuals going to get vaccine is all of board and its. >>you know basically people feel like they're in the worst kind of lottery. many states were left to figure out the logistics of inoculating their citizens but some governors say they're ready to administer shots and are waiting on the federal government to get that the vaccine. >>and the faster we get the vaccination into the state and into the arms and put in washington, i'm joe khaleel. >>coming up next on the kron 00:00am morning news. >>the captain of the scuba diving boat that burned and sank off the southern california coast in 2019 is entering a plea in court on manslaughter charges will have that up next. i'm morgan, and there's more to me than hiv. more love,... more adventure,... more community. but with my hiv treatment,...

let's get to kathleen hays.akeaways from the reserve bank of austria governor's phil low's speech to parliament? >> the rba is pounding down a message. he spoke to lawmakers, he spoke earlier in the week. the rba released its report. he said rates are going to stay low for a while. he said again he does not see rate hikes until at least 2024. the world is recovering from the pandemic and so is australia. part of the argument for where he stands on rates and the currency are necessary because look at this chart. the aussie dollar up 34% from its low last year, even as rates stayed low. can you imagine if he started to taper the bond purchase? it would go right through the roof and hurt australia's exports. also saying the economic recovery is past the initial step -- snapback phase but we have a way to go. the rba forecast is by midyear but tapering off. pulling off to about 3.5% by the end of the year. does not see inflation may be getting up to the 2% target until 2023 or later. he says there is no decision on

there with we will try and make connect with her in just a moment just to recap that story we heard kathleen he is pro independence parties extending their presence in the semi autonomous regions parliament after elections on sunday. ok let's say trying connect again we've got a new line with i believe union here in moscow you can hear me. yes ok yeah and i just that point again we got cut off just in your prime there is this a new start how do you read into those figures. yes well it's not really and new style because we have been continuous managed to have absolute majorities in the catalan parliament but certainly is a new victory once again that shows up with the term initial and that will of people to. to apply the mandate the referendum that was selfish one binding 2010 so this time we've not only again absolute majority of seats in the parliament but also with her parents the 50 percent plus one boards so we are running really of. for ways of democratic ways to show ourselves. we are complicit and to be cut and i mean the state but it's very closely at the moment it's it's on tender h

. >> next, the senate armed services committee confirmation hearing for deputy defense nominee kathleen hicks.

let's talk this through with kathleen brooks, founder and director of minerva.r some time, in scotland, it is not 33 countries, it is all travellers. and the extra cost associated with tests. took us to the complications of this? essentially, sealing our borders, for travellers outside of the uk, in and out, that is prohibitively expensive for some. it's another loads of the tourism sector. we don't know how long this will last for. matt hancock tends to be more of a hawk on these kind of things. i think the government was mentioning autumn in the speech this week, and the fact we may need to get new booster jabs because of the new variants, he is very worried, and there is a medical reason for doing this. but it has effectively been another blow to an already battered airline and tourism sector. because many will think twice, not just about the cost but also the fact that they have to spend time in quarantine. for those travelling from countries not on the 33, the red list, do they also have to isolate when they also have to isolate when they get back but at a