there was a line about a kickstarter.l on production, there is no additional production coming to this market in august. that is the risk to the market. but what is really at play is the credibility. opec-plus has built up its credibility after the discussions imploded between the saudis and the russians just 15 months ago. that is what is at stake here between the two. they are not talking, but they are talking via bloomberg. mark: this kind of novelty of negotiating through a public forum, it seems very rare in my memory. how high is the risk of a no deal in that context? manus: right now, i think if you look at the market action, it is less likely for a no deal. his royal highness says we did not spend the past two months crafting this deal to have a number of months trying to restore credibility in the market and have it all unfold. he made it clear that the mri emiratis have agreed to extend in now is not the time. the tone was not to threaten anybody. there is a longer version of the tape. i encourage everyone to li

that requires we bring more production, but to honor the agreement, we should kickstart what is mentionedshaad: let's get more on this standoff with manus in july. -- dubai. give us a sense of this spat. it is rare to see them at loggerheads. manus: this negotiation taking out place across bloomberg tv. saudi arabia. this is diplomacy in the oil market on bloomberg. uae made it very clear, they are deservedly supporting an increase in production. to use the word necessity. the luxury is the extension of the deal. he sees that as a luxury and necessity. on the others i've, saudi arabia makes it clear. that uae stands in isolation. saudi arabia and the rest of the nations are cohesive. this is isolation uae against the rest of us opec-plus. haslinda: you have to wonder if this. uae might exit? guest:guest: let's -- rishaad: that kite was vigorously flown in the autumn of last year. that kite is not been flown. his excellency makes it very clear. the unconditional increase in production, but for him, it's a question of there was, a deal they will support that, but from the tone, they are not

you have the kickstarter's of the world which are typically best suited to consumer-based companies becausethe product. we look at enterprise related companies or companies that need to scale outside of the consumer, you need a connection into enterprise. we will see that the best types of investors -- excuse me, the best types of founders are in either sales positions where they can now open up their networks. that gets hard when you find a solution to a problem that may be a new enterprise sale or if you want at a particular company or your network is small. morgan stanley is able to open up those networks through our platforms to be able to find the connections that help them make the entry points to be able to sell the solution to problems that they are up with. caroline: who wants to come in for demo days? i feel like every venture capitalist feels like they must be aware of the companies. do you get everyone knocking on your door? >> we have been fortunate and effective in making sure that we are opening up the entrepreneurial ecosystem to founders of color and women. vc's come to us

the agreement is to bring more production, yes, but to honor the agreement, we should kickstart what is mentioned in the agreement, is we have to extend it. manus: the two sides set to return to the table later today. our middle east energy reporter who worked with me, paul wallace, great to have you on air this morning. we have digested of sides of this equation. how do they break the impasse? what is likely to happen today? paul: hi. this is an extraordinary crisis at opec, the deepest for quite a long time. all eyes will be on the meeting today, this afternoon london time, to see if uae and saudi arabia can bridge the divide, which is pretty wide at the moment. instead of that closing over the weekend, it looks as if it has widened, if anything. dani: with that in mind, does that mean it is more unlikely at this point to bridge that wide divide and strike a deal? paul: at the moment, it is hard to see what they can do. opec-plus and opec are pretty used to what they might call elegant solutions to the various spats they have faced in the past few years. in this case, the saudis an

many states have already done so with some citing it as an impediment to kickstarting their economy.i have to double check but i think it is scheduled to end the summer although the governor with the surplus we have in california is adding new benefits in terms of rental assistance, child care assistance, and possibly as a part of that, will extend the added benefits for individuals on unemployment. it is still a constantly moving target and discussion evolving. because california is in a place of having a surplus, we may see where individuals can receive support for longer than was originally expected. >> there is debate over the enhanced benefits and if it is causing worker shortages. are you seeing that? what are factors keeping people out of the market? >> a short trip way to look it. there may be some individuals receiving unemployment benefits and would like to extend that as long as possible. the statistics show that there have been many other factors this past year. some people now are taking care of their elderly family members or parents or spouses or children are not back

this can kickstart identity solutions of many types to meet our goals in the digital transmission.federal agencies can continue to lead and lend their expertise to this, and can be incentivized to accept mobile driver's licenses for things like tsa agents. dhs innovation programs can be focused from architectural goals to deployment of contactless id technology. we welcome -- expand the participation of the federal government and federal agencies. thank you. >> you are now recognized for five minutes to give an oral presentation of your testimony. >> good afternoon and thank you, chairman foster, ranking member gonzalez and the other members of the task force. my name is louise maynard-atem, i'm the research late for the nonprofit organization women in identity an organization whose mission is to ensure that digital identity solutions are designed and built for the diverse communities that they are intended to serve. we are a volunteer led organization and we all work in the digital identity sector. entirely independent and not in the interest of any one organization or individual

. >> and this year, we had summer dry conditions in april which kickstarted the season.good news for firefighters, cooling temperatures have arrived. we'll talk about how much cooler it will be tomorrow coming up. >> thank you. also ahead, they're not astronauts, but they're going to the edge of space tomorrow morning. >>> and proving you're protected with or without a shot. the push to treat people with covid the same as someone who is vaccinated. >>> the countdown is on. the second leg of the billionaire space race takes off just hours from now in west texas. this time, amazon founder jeff bezos is set to make history tomorrow morning as he and three others travel to the edge of space, using his own private space company, blue origin. there will be no testify lots or flight engineers on board. if successful, it will be the first unpiloted, suborbital flight with a civilian crew. the crew with bezos, his brother and 82-year-old aviation pioneer, and an 18-year-old dutch space tourist named oliver. >> we need to focus on the here and now and we need to look to the future

-- >> we should kickstart what is mentioned in that agreement. >> but beyond that, we demand to have the time to discuss and put the agreement in front of the group. >> this is bloomberg surveillance: early edition with francine lacqua, matt miller and kailey leinz. matt: welcome to bloomberg markets on this monday, july 5. i am matt miller with dani burger in london. high-stakes standoff. saudi arabia and the uae ramp up the tension in their opec dispute over oil production. we will continue to cover that for you. china tightening its grip, beijing expands its latest crackdown on the tech industry beyond ride-hailing giant didi. they pull others into national security concerns as well. joe biden's mission accomplished moment. the president all but announced -- -- the president all but announces an end to the pandemic in the u.s. is the mission really accomplished? we will talk about that as well. dani, what are you seeing in the markets? dani: we didn't get the number above 70% and then you had -- giving away free beers. how is it not mission accomplished if the u.s. is giving away

take off british billionaire richard brown, who's just hours away from blasting off on a mission to kickstart base tourism. ah welcome to the program. it's an election that was seen as a test for prime minister and results. now show that he set to serve another term, or the army ruling party won a majority of seats in parliament, a vote that he called historic. but it was overshadowed by a boy called by the opposition ethnic violence and conflict in northern p guy is one of 3 regions where voting did not take place conference. so he has more on the results from the capital. this announcement really come as no surprise, a prime minister obvious be amid, as far as the party has been leading from the very start. and it's also an election really that has been voice quoted, was born quoted by on some of the countries biggest opposition parties in the lead up to the election. some opposition. 7 leaders was arrested also wanting to know, take place tall in dozens of constituencies because of security problem. so some analysts we've been talking to assume they're very worried because now that parliam

. >> the agreement -- we should kickstart .se president and angela merkel and president mike braun are -- president m --macron. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm up juliet. at this is bloomberg. >> some stories we are watching today. among those french brands facing investigations. local media says it defense meant -- ministry intends to boost personnel. >> we are still in japan. the ruling failed to score the majority. at some point after the olympic games, what's at start that what's at stake? -- what's at stake? >> a lot is at stake. back in april, the lbp suffered three election losses in a single day. they are shaping up for the general election. this tokyo metro assembly vote sunday could be seen as a referendum and the handling of the pandemic. there have been scandals. the very controversy old olympics. he's been a staunch supporter of going ahead and handling. no foreign arrivals will come in and see it. elec

speaker, will this kickstart regeneration and encourage healthy travel will my right honorable friend join me in thanking the council who put this bit together and will you agree with me that this is a bid to make it a better place to work, live, and raise a family? >> i thank him for their efforts. i thank them also for what they are doing for the leveling up fund which will invest in infrastructure which will improve light across the country and in his constituency particularly. >> due to his failure to maintain strict border quarantine and delay in adding india to the red list, curses -- cases of the delta variant are surging in the u.k.. the biggest ongoing impact is on sectors such as hospitality, entertainment, and aviation. rather than reduce financial support tomorrow, will you agree to extend full furlough and business support the on september, particularly with geographical areas and businesses which are most affected? >> no. although it is seeded and growing and at least 74 countries around the world including this one, this is the only country or the only one where protect

equality and to be commended for others perhaps, might notice that the original, well the press, the kickstart in 2016, but american fool who said he couldn't really stand for the flag on nation, the oppressed, black people. so in a sense the flag sort of being the focus of unity becomes the focus of the vision in that moments. and perhaps there are other ways of expressing positions or racism . perhaps that could be another symbol. perhaps they could be all the way to doing it in the middle of a long battle against a centuries or thousands if my linear old enemy, and it's not gonna be one in a day success rate, the battle or the challenge of the baffle against racism. and try and speed run the risk of grades, the accidents why we see the other day. because i seriously wonder if gary southgate felt compelled to have this agenda when he chose his penalty takers. and so he chose, they put people on in the last minute, were not played the game at all and hadn't experienced a dren linda. the whole thing was to them just suddenly experience. and he added to the challenge of winning a trophy after h

but is billy and richard branson just hours away from blasting off on a mission to kickstart base tourism and was 5 full people to flee that homes in the us as a heat wave brings near reco temperatures. ah, welcome to the program. we begin with the current virus pandemic can the advance of the delta variance across numerous countries with a strange feeling, a rapid rise in cases in the u. k. british authority. the warning against large gatherings that of 65000 people are due to phil wembley stadium for the euro 2020 football championship final. it'll be the biggest crowd in a british stadium since the start of the pandemic. australia is also grappling with the delta variant cases, a continuing to rise in the south wales and they haven't gone down despite the countries biggest cities. sidney being in its 3rd week of locked down the number of people exposed in the community. not anticipating the numbers in the south wells will be greater than a 100 tomorrow. now, that's what i'm anticipating and i'll be shocked if it's less than a 100. this time tomorrow, if additional new cases. so we can'

the eu brings in digital covid certificate that it hopes will kickstart tourism across the region.. recharging the uk car industry. nissan is planning to announce a plan for its giger factory for batteries in sunderland to power the shift to electric vehicles. and shorthanded. new york opens up at restaurants just cannot get the staff!

agreement requires that we bring more production, yes, but to complete honoring the agreement, we should kickstarthat is mentioned in that agreement, which is we have to, extend. again, the extension put lots of people in their comfort zone. it addresses the market, check with all the participants in the market. >> if not extended, no production increase in august. what happens in august? >> it is your chance to have another, maybe interview with me, after tomorrow's meeting. >> are you worried we could see a massive hike in prices, because the market is in need of more supply for the month of august? >> if some people would like to have that, they can do that. this is not our intent. because if it is our intent, where would redo the proposal? why would we work with our -- why would redo our proposal? >> russia and china are in. there is just one holdout, the u.a.e. >> it is an agreement that is done. >> does this dispute have the potential to bring an end to the opec+? >> we are 20 countries on agreement, why should it? can i give you a sequel, in march, we did not have an agreement. the situatio

companies and that then is up to the companies of how they put that to practice, but it is important to kickstart the process by making those requirements available. and i was interested in what genevieve leber on -- genevieve lebaron said. one of the dangers with csr or csg, some companies think they can setup a department with that title, or employ somebody with the director of csg, and that that does the job. but you need everybody in the company to recognize what those values are that are being bought into play and what the company is doing, and that should infuse through everything but the company is doing including those people out there finding -- signing those contracts with suppliers. we need people to be inquisitive. we need them not to say, this is really cheap and we can buy the supplies really cheaply but actually say, hang on a minute, most others are not providing them at these low prices. why is it so cheap, could it be that actually it is forced labor? that the people producing these products are not being properly paid or properly supported? we need companies to be inquisitive a

the eu brings in digital covid certificate that it hopes will kickstart tourism across the region. fading away. gap is to close all its uk stores and move online only. the latest big fashion name to disappear from high streets in britain. recharging the uk car industry. nissan is planning to announce a plan for its giger factory for batteries in sunderland to power the shift to electric vehicles. and shorthanded. new york opens up at restaurants just cannot get the staff! hello there. we begin with the travel business because today the eu introduces what it hopes will be a passport to recovery for tourism. the digital covid certificate recognised across the eu show if you have been vaccinated or have had a recent negative test. and they are meant to do away with the need for quarantine and paperwork. but with concerns about the delta variant on the rise, will the certificates be enough to open up european travel and will uk visitors to the eu actually be able to use them as well? we speak to the executive director of the eu travel commission that promotes tourism in the region and

a return to the movies kickstarting toy sales. dave wilson has a look at their strong quarter.that toy makers have made in the past years is getting involved with television, movie, the tie-ins that go along with that. great when you have movies, not so much when you don't. in the latest corner, earnings were more than twice the average analyst estimate. on top of that, and that income beat the average projection. revenue was 12.5% higher than it anticipated. hasbro has a number of categories. the franchise brands, magic the gathering, nerf, play-doh, up 72%, the fastest growth among their brands. that said, tv and film and entertainment were up 42%, the segment that fell off a cliff last year because people were not going to the movies in light of the pandemic. the franchise brands, the biggest piece of the business, but tv is catching up. when people see this out of hasbro, they look forward to what is coming from mattel tomorrow. you can see, hasbro playing a bit of catch-up in terms of stock performance. matt: baby yoda versus barbie. they are making a lot of money. what wi

requires that we bring more production, yes, but to complete honoring that agreement, we should kickstarthat is mentioned in that agreement, which is we have to extend. guy: the energy ministers talking to bloomberg over the weekend. let's talk now to bloomberg's will kennedy to get his take on this situation. we are waiting for a meeting. are we going to get one? will: not clear at the moment. as we understand it, they are not ready to start yet. we understand there's some bilateral conversations going on between different sets of ministers. they probably won't want to start the meeting until there is some sort of compromise on the table. it appears everyone is dug into their position and we haven't had a real breakthrough, so it looks like the stalemate persists. guy: the market doesn't know what to do with it, does it? the oil market is going nowhere. on the one hand, we could get a significant move to the upside. there is a possibility that we get the exact opposite. will: i think that is why it is a very hard situation to trade because if they stand pat and don't do anything, they ju

will its earnings after the bell kickstart the stock or is subscription fatigue setting in? our traders take their position. >>> as we head to break, here's a look at some of the stocks hitting new 52-week highs. we're back in a moment here are the two battling to the line and allyson felix... simone manuel's above her trying to fight on, and above simone... getting an opportunity to show her stuff. nonstop, displayed at the highest performance level... finding something and the us takes gold! ♪ dream on ♪ ♪ dream on ♪ ♪ dream on ♪ ♪ dream on ♪ - yes! ♪ ahhhhhhh ♪ ♪ dream until your dreams come true ♪ >>> welcome back to "power lunch. we are seeing some bigger upside moves in drug and medical products distribution companies like mckesson, cardinal health the companies along with johnson & johnson are all reportedly close to a massive deal to settle a slew of lawsuits involving their alleged roles in fueling america's opioid epidemic, again according to multiple reports they say it could be worth as much as $21 billion between the three distributors and $5 billion paid by joh

a kickstarter raising more than $23,000 to publish a book on abortion for children.s in abortion anyway? say they believe in building a world for kids and adults where abortion is normalized as another outcome of pregnancy just like miscarriage and birth. they're hoping to get this and the children sections of libraries and every abortion clinic in the u.s. ton of 18 members of new hampshire's counsel on the diversity and inclusion resigning after they signed the new state budget law which includes a provision that makes it illegal to teach someone that is inherently racist, sexist, or processed consciously or unconsciously. a group of public school teachers in north carolina is speaking out tonight against some of the treatment they've gotten for pushing back against her school district allegedly activist curriculum and mandatory antiracism training. one of the educators joints fox news at night exclusively tonight, sutter conrad, it's good to have you with us. great happy with us tonight. >> it's great to be here. >> shannon: tell me about this, you've been a teach

you really went to kickstart the revolution value?a word of what he saying here? >> it is really hard to take and her cuomo seriously about what would constitute a super spreader event considering he forced a nursing homes to admit covid appositive patients, killed a bunch of them and then wrote a book on leadership about them. he would not be the person or go to his constitutes a super spreader. think will look back on this time in history and we are going to look back with great sorrow about what we did to our children. whether it's making them wear masks in school, whether it was the virtual learning we have done incalculable harm to this generation of students by inhibiting their social growth, by inhibiting their academic growth. look, even in the most heavily locked-in places in europe they do not close the schools. none of the science supports closing the school it's about blue state governors like andrew cuomo wanting to continue to kowtow to the teacher unions. kennedy: how he and gavin newsom choose teachers unions over pare

and that modern ufo phenomenon really gets kickstarted after world war ii in 1947 by this gentleman, kenneth arnold. people had seen, pilots had seen unidentified phenomena during world war ii. they get commonly referred to as foo fighters, which is actually where the band's name comes from. but it's not until kenneth arnold's sighting in late june of 1947 of what he describes to newspapers as flying disks, what gets widely reported as flying saucers, that the modern ufo phenomenon begins. and it spreads very, very quickly. over the july fourth holiday that year, thousands of men and women contact authorities to report more than 850 sightings of ufos. that's never been parallelled since. there's never been such a frenzy of ufo sightings as there was over independence holiday in 1947. although sightings remain a fairly common through to the early 1950s, right? and you get pictures like this from new jersey from 1952 alleging, you know, a sighting of an unidentified flying object. and unsurprisingly, you see a variety of efforts to try to explain this phenomenon. two of the most influe

to kickstart that process, senate majority leader chuck schumer says he wants negotiations on the infrastructurekage wrapped up for a procedural vote by this wednesday. this is a lot of work to be done, and that is where we begin our work with scott mcfarland, an investigative reporter for our station nbc 4 in washington, joining us from our washington bureau. scott, what is standing in the way right now of getting that procedural vote on wednesday as senator schumer has said he wants? >> hey, joshua, you described that narrow landing strip. it is getting smaller and smaller. days are running out before the august reses. after that recess they have to get the debt ceiling raise, so there's a finite amount of time to get it done. that's why majority leader schumer said he would have a test vote next week which means we could see a vote before we see a bipartisan infrastructure bill. it remains to see whether it mobilizes both parties this weekend during negotiations or whether it breaks down negotiations. i talked to congressional staff throughout the weekend. they say there is a path, but it is

by the way, we are pushing toward a lot of excellent schemes to get people into work, a kickstart and a restart, a job interview training scheme. to help people, that should be our mission. that should be our crusade. >> you make a point rightly that the government is worried about the increase in [indiscernible] february, in the chamber, the government is worried about the increase in online fraud. the treasury committee , the authority, they have all called for the online safety bill to tackle scams. why is the government unwilling to make that change? p.m. johnson: nowhere -- i am very concerned that we should tackle fraud. the bill does just that. [indiscernible] >> it is a four small part of the problem. it doesn't do it for online advertising. it seems to be i longer-term track and causing huge problems. i'm running if you could look at the current online bill -- wondering if you could look at the current online bill and see what you can change. p.m. johnson: there is a wide range of content. if you feel it is in some way inadequate, i am more than happy to look at it. but i kno

at the bottom of the paragraph last since used in legislation cleared by kickstarter presumption.inst such orders and heavy burden government must bear to testify. would you describe how or tell us how you would craft the definition of that heavy burden. >> i think there has to be a compelling interest before any kind of secrecy order can be imposed. one of the things we've done is we have contractual provisions were all of our cloud providers that require them to give us notice pics of that has helped which tells me if we're to add some language in the statutes we would have the same benefit of that is a government with typically go to whatever is easiest to get information from. there's a battle of contractual provision, i get credit to microsoft. the been very good at giving us notice but that's not the case in all of our communication providers. >> thank you, i think all of you for your patience, and i yield back. >> gentleman yields back. mr. swalwell. >> thank you, chairman, and thank you for holding this hearing and as a look at the last administration and the abuses at the