wolfgang koester, senior strategist with kyriba. coming up, a bloomberg's scoop.re arm is set to have in the industry's biggest acquisition this year so far. we will have the details next. this is bloomberg. ♪ this is bloomberg. ♪ are to buy a medical for $16.5 billion in cash and the health care industry's biggest deal so far this year. . for more, we are joined by deals reporter ed hammond. tell us a little bit about this. and what it signals for the m&a market because it seems you are not getting a weekend with this busy news on the m&a front. ed: that's true. it is nice to be back in terms of real m&a happening over the weekend. we have seen a lot announced this weekend, the siemens deal, an interesting deal. we have known they have wanted to do a big, meaningful transaction. this is a big one. a little over $16 billion, it gets significant -- it gets significantly into the u.s. markets and in the treatment market, which is very a hot area. expected to see significant growth. it is a smart acquisition for them. it is one that i think their investors will appla

european union held an emergency video conference only by the rules crisis our correspondents were among koester of peter all over 1st were fell wrapped up the event by saying that the e.u. member states had agreed not to recognize the result of the 9th of august election this election night the free move. to meet international standards we don't we could not reach the results presented by the belarus. e.u. commission president as lafond ally and confirmed that sanctions would be put in place on both deemed to have been behind the violent crackdown on protesters in belarus she also raised a few eyebrows by saying that there would be cash made available to the people of bella ruth day we gave them 3 clear messages. firstly we stand by the people of belarus who won fundamental freedoms and democracy. secondly we will sanction all those responsible for violence repression and falsified cation of the results of the election and thirdly we are ready to accompany peaceful democratic transition of power in belarus the european commission will mobilize now an additional $53000000.00 euros to support the

industrial revolution and even the 1st part of the information revolution capitalism 'd kind of has 2 main koester imports now the labor and material but we're in the 2nd half of the information revolution now the network information revolution and the cost of material is going down to 0 and that's when you see what you're talking about here deflation is that the basic components of the information economy whether it's band with processing power or digital storage the costs are all going down to 0 so that puts everything upside down and flips it on its head and then you have this idea what happens to labor then how do you compensate labor if you're mitt basic materials free electrons or free and so then it becomes a tech not for see you have people that can manipulate those free electrons and extract wealth from the masses as we say in the big tech companies google apple microsoft facebook they get the users to build their platforms for them and they can scale just add another server and now they're you know 100 worth a trillion $1.01 half trillion dollars and so that's a structurally it's a struc

resort town of don has been turned into a field hospital capable of treating a 1000 patients a new koester of cases was 1st detected in the central city late last month it's since spread to at least 15 locations across vietnam but the national infection total is still relatively low it 841 country had been celebrated for its success in rapidly containing initial outbreaks. well now the rajapaksa has been sworn in for the 4th time as the country's prime minister he took the oath in front of the president also his younger brother got a buyer in a sign of their hold on power their strength and grip on power in the country and themselves also served as president for a decade sri lanka people's front party won wednesday's parliamentary election by a landslide 2 thirds majority means they now have the power to make promise changes to the constitution but critics fear the restoring of presidential powers will make the country autocratic. now a significant obstacle has been cleared on the path to peace in afghanistan after the president agreed to release $400.00 taliban prisoners ashraf ghani made

. >> there is a person from 2016 and bill spiffy running a campaign, jerry koester is there in your there is an outside advisor, any chance a president brings back steeping in? >> i hope not. i don't think steve would be the least bit productive, i think the role he played in 2016 for having been there the entire time was overplayed and overblown, i think the people deserve real credit for 2016 and include folks like kellyanne conway, jason weller, stephen miller, those of the people that i think are really a long would your christian or one that campaign. i think steve is taking more credit than he deserves and i think that would be a very, very bad for the trump campaign to have steve bannon back in any official or unofficial way . . . . >> when then-candidate trump was on the road in summer 2016 and turned from bannon and conway . he is on the ropes now according to almost every poll. do you see taking any dramatic action in the coming weeks bring on h so much life. chris christie: i think he did take dramatic action bob. any hired another person this pretty dramatic action. first off