. >> mark mark that is exhibit 35. >> thirty-five is received. >> were going to play that video for you now we will ask you questions about it during or after okay. [inaudible]. [inaudible]. [inaudible]. [inaudible]. [inaudible]. [inaudible]. [inaudible]. [inaudible]. >> when you are making that recording, do you recall if your window was down. >> yes predict. >> sewer able to hear some of it on the video, we were able to hear it in person better pretty. >> most of it. >> will you kind of hearing. >> i heard him asking him to let me see your hand this, something about being shackled or something before or something like that. at that time, then i heard the sirens pulling up and pulling him out in this when i went to back up and turn around. >> i am going to go back to exhibit one and i will put that up again. and if you would take the stylist and just so the jurors where you went when you moved your vehicle. >> i backed up, and a move the there. >> seem the dragon se

mark the _ year. that was mark drakeford. tuesday to mark urge you at this moment _ nation. i urge you at this moment of— nation. i urge you at this moment of national - nation. i urge you at this - moment of national emergency, to stay at home, protect the nhs, and save lives.- to stay at home, protect the nhs, and save lives. one year on, nhs, and save lives. one year on. people — nhs, and save lives. one year on, people across _ nhs, and save lives. one year on, people across the - nhs, and save lives. one year on, people across the uk - nhs, and save lives. one year| on, people across the uk came to a standstill to remember those who died. the uk �*s official death toll was 364 on the day borisjohnson called the day borisjohnson called the first lockdown, is now more than 126,000. in the commons, the speakers are lindsay hoyle puzzle proceedings just before noon for a moment of reflection.— noon for a moment of reflection. , , ., ., reflection. every single one of us has been — reflection. every single one of us has been affected. - refl

mark marking angling trees they will be cut down in the late fall when the bird's nesting season is over so how are things looking over. the ash trees here seems to be in good condition especially the one on the left little experts believe that about 5 percent of ash trees are only slightly impacted by the fungus they seem to be disease tolerant something researches want to take advantage of the tuna and institute up in brandenburg scientists francisca past and ben people planted cuttings of ash trees they think are tolerant then they infected them with the fungus on the tree showing any effect. we hope to see nothing although that could also mean the trust didn't work that's always a risk. hopefully we'll see a couple of places where there is something to see and a couple more where there is nothing. small wood chips infected with the fungus were inserted into the bark of the tree that to research is a sign school is from one to 51 means the tree shows no signs of damage 5 means its dead. cutting gets a warm fuzzy here's where we put in the word. it just fell out. no infraction is a ball no black lesion is kind of is your lot of us so far there are no traces of the fungus on the cuttings but then. a classic case. it's really sad luckily it goes lately i've noticed in the green jungle but of course it's a bit alarming when you have to take one out from the middle. was the experiment still a success. and most shows it's just a few that do as we expected. to save the trees further research is being conducted on the tolerant ash trees using state of the art technology. the genes of these trees will now be studied because it seems tolerance can be inherited in addition the research is want to understand the disease better and obtain the most tolerant seeds possible that hope. that we can burn served as an important economic and ecological tree species and forestry purposes and that it doesn't become a marginal species if you work. here at the tune an institute small ash cuttings i'm already being propagated and grown indoors for now creating the perfectly resistant ash tree in the lab remains the stuff of science fiction. back in the forest in bavaria. it's ordinary people don't necessarily see what safety risks least partially damaged. because of this there's always criticism. criticism of cutting down trees but safety comes 1st even if this ash cannot be replaced the forestry experts will still have to look for alternative species and there is a chance. there's research can accomplish anything but we've been the 1st to welcome. yes look we still hope that something can be done for. the fungus will stop claiming more victims and that the deadly rampage will have a happy ending in years to come. that's all for this week on tomorrow and today we look forward to seeing you next week until then good bye and stay curious. to. thank you's have supervised. researches the certainly. the 1st 5 years set the course for future success. from their very 1st day babies in kansas and let. strong what makes your child smile. every day counts for us and for our planet. global ideas is on its way to bring you more conservation the book how do we make see the screamers how can we protect habitats what to do with all our waste the but we can make a difference by choosing smaller solutions over stain set in our way sublime genius limitless series of implode 3000 on the w. and ahmad. more than 1000 years ago europe witnesses a huge construction boom. with christianity firmly established there is a greater demand for houses of worship. and both religious and secular leaders are eager to display their power so churches become palaces. the race begins who can create the tallest biggest most beautiful structure. stone masons builders and hard to compete with each other to build even going to our jobs. the biggest is home massive churches with towers that pierce the clouds like skyscrapers are created the book. contest of the cathedral starts people 12th on t w. the best . this is d. w. news live from berlin germany's chancellor warns that existing coronavirus restrictions may not be tough enough. says that if the 16 regional states do not fall into line she may have to intervene stricter measures such as curfews could also be on the table also coming up. condemned the bloodshed me and mark the united nations accuses the regime of committing mass murder against its own people. and dozens of civilians are killed and thousands of a.

mark lowen. mark: this is a move by prime minister mario draghi, making the most of a new e.u.-wide program announced at the end of january, in which vaccine manufacturers must request permission from the country in which it is produced before exporting those jabs. this amidst a global warn the race for vaccines and amidst anger at vaccine manufacturers like astrazeneca and pfizer for failing to deliver the number of vaccines they had agreed with e.u. countries. anchor: they started at the end of september, but it is moving far slower than some other places, including the u.k. peer the supply issue is one of the reasons why. here is markthey just announced they think -- italy thinks astrazeneca will route have reduced vaccine delivery 70% in the first trimester of a 2021 and 50% -- reneging by 50% what it promised. this will continue for some time. there israel anger among e.u. leaders. italy under mario draghi, he was the president of the european central bank. he is a respected figure. it is likely to increase pressure inhis race for vaccines and it comes after a videoconference in which mr. draghi argued the new e.u.-wide scheme, the res need to be applied vigorously. anchor: after friday when france lifted restrictions on the astrazeneca vaccine on the over 65's, today germany followed suit. >> the german vaccine commission whose recommendations we are happy to follow will authorize astrazeneca for other age groups. studies have shown evidence for this. anchor: in january, germany approved the astrazeneca jab for those under 65, saying there was insufficient data for those over 65. italy, france, and sweden took s

mark: jason thank you. >> thank you. mark: we'll be right back. forget what your smoking-hot moms and teachers say, just remember my motto. if you ain't first... you're last! woo-hoo! 1 in 2 kids is under hydrated. ♪ plant-powered creative roots gives kids the hydration they need, with the fruit flavors they love. and one gram of sugar. find creative roots in the kids' juice aisle. ♪ if i could be you and you could be me ♪ ♪ for just one hour ♪. ♪ if we could find a way to get inside each other's mind ♪ ♪ if you could see you through my eyes instead of your ego ♪ ♪ i believe you'd be surprised to see that you've been blind ♪ ♪ walk a mile in my shoes ♪ ♪ walk a mile in my shoes ♪ ♪ yeah before you abuse, criticize and accuse ♪ ♪ walk a mile in my shoes ♪ ♪ walk a mile in my shoes ♪ ♪ well before you abuse, criticize and accuse ♪ ♪ walk a mile in my shoes ♪ >> welcome to fox news live, i'm john scott, two top democrat in new york legislature calling on governor cuomo to resign amid mounting allocations of sexual harass under counts covid-19 deaths in nurturing homes,. >> two more people accused him of inappropriate behavior, bringing the total number to 5. >> at least 20 people are dead after a series of massive explosions at a military base in west african nation of equatorial guinea. it was caused by quote negligent handling of dynamite. i am -- jon scott, back to "life, liberty and levin." mark of representatives, byron donalds. i didn't know byron donalds, the last 72 hours or so, i was watching him speak publicly about a number of issues, not only are you congressman able to communicate in plain english to americans, but the things you said in two or three minutes were so compelling, i would like it start there you are a congressman in one of the wealthiest district in florida, you are a congressman in a district that is perhaps 340 -- 3 quarters cuecasion, is this an example that people are earning for representatives who represent liberty and private property rights and the constitution and limited government and rational spending. >> that is correct. my constituents are a mixture of a lot of things. people who grew up in the area, than retirees, they retired from rust built states, that and well,. some did good, some were able to be consistent, to a great place to live. they want the washington, d.c. to follow the constitution, we have water issues that we want repaired

on the face mark mark phrase but i show my emotions through the textures the technique and the materials. with the new yorker saw over designs costumes and props for theatre productions like this one in the russian city of perm in 2020. 3 years before she worked on the fish project at moscow's gorky park. and in 2018 she contributed to the moscow staging of book land. time and again the designer mixes materials that don't seem to go together. her current series fish and flowers is no exception because sorrow is inspired by fairy tales and surrealism fish are recurring symbols and her work ones that are meant to cause people to stop and reflect. this dress with a rope and i always thought beautiful because it combined with flowers and. white paper it's actually a very beautiful but and it's kind of ok but not. to live underwater. and. it's kind of. manifest. while and you will because sorrow is on her way to nikolai gogol house a museum in the russian capital she was invited to take part in a group exhibition here entitled the islands each participant was given a room and free reign to sh

can topple an ash tree a potential danger for walkers that's why michelle pfeiffer 10 question mark marking ailing trees they will be cut down in the late fall when the bird's nesting season is over so how are things looking. trees here seem to be in good condition especially the one on the left little experts believe that about 5 percent of ash trees are only slightly impacted by the fungus they seem to be disease tolerant something researches want to take advantage of the tune and institute up in brandenburg scientists francisco past and ben people are planted cuttings of ash trees they think are tolerant then they infected them with the. congress on the train showing any offense. going just because you missed so we hope to see nothing although that could also mean the test didn't work that's always a risk. hopefully we'll see a couple of places where there is something to see and a couple more where there is nothing. small woodchips infected with the fungus were inserted into the bark of the tree the 2 researches assigned schools from one to 51 means the tree shows no signs of damage fin

also had stretch marks confirmed i grew very quickly as a child my skin couldn't catch up and it tore stains and you can see. treats people but stretch marks what causes that. stretch marks occur in the middle layer of the skin of the down this. could be during pregnancy i want to gains a lot of weight or develops a lot of muscle very quickly initially the marks are read like these and over time they become lighter and less visible or efficient is a hell of a 5. and i need your kind nowadays many patients seek treatment even for these less conspicuous marks. in. life. there is a wide range of lotions creams and oils on offer which supposedly minimize stretchmarks. do they work. such oils and creams are very popular effect but at the end of the day they can't rebuild the skin so i think it would be difficult to prove that they're useful and there are barely any studies suggesting that they bring about an improvement. can anything help. to try out micro needling. and find it had a friend tried my cranium and was very impressed i want to try it now too because i've had the results a long lasting. but does it work dr. offers the treatment he uses 1.5 and 3 millimeter long ne

mark, keep up the fight. mark: we'll be right back. car g, she didn't waste any time. she filed a claim on her usaa app and said, “that was easy.” usaa. what you're made of, we're made for. usaa. allergies don't have to be scary. spraying flonase daily stops your body usaa. what you're made of, we're made for. ..se hi guys! check out this side right here. what'd you do? - tell me know you did it. - yeah. get a little closer. that's insane. that's a different car. -that's the same car. - no! yeah, that's before, that's after. oh, that's awesome. make it nu with nu finish. if these beautiful idaho potat, then i'm not a real idaho potato farmer. genuine idaho potatoes not just a side dish anymore. always look for the grown in idaho seal. markt kinds of country have we become? are we a federal republic? no, we don't respect federalism and state authority. we are moving towards centralization of authority, author tear cranism. are we a representative republican. we have very little say what's going on particularly with the way congress is conducting itself without hearings and with fences and the national guard surrounding it. are we a constitutional republic? not so much. so many aspects of the constitution, its firewalls, have been breached. it doesn't enforce the constitution of the united states. if we are not a federal republic and representative republic, or constitutional republic, what are we? i wrote this book, "liberty and tyranny." are we for liberty or are we for tyranny. tyranny isn't a far-off concept any more. tyranny is swirling around us. we better wake up to this. we better find out ways to confront it or it will devour all of us. see you next time on "life, liberty & levin." [♪♪♪] jesse: welcome to "watter

mark mobius is still with us. what did you make of the move in the csi? what do you do? mark: i think that is a really interesting move, and it is attributable to the tech sector to a great extent. some of the stocks in that category, it was a natural reaction that any bump in the way, any concern about what was happening in the world or the u.s., obviously these bubbles will burst, so that is what's happened. as you know, the government has to come into even things out a little bit in the china market, so i think it will probably stabilize at these levels. guy: there certainly seems to be a suggestion that today was not enough, markmark: it is quite possible, but what they will do is allow a slow downturn. they don't like the volatility. that is what they have to be very careful about. all they have to do is put one word from the government, and the market will go up. alix: another part of the vulnerability is the u.s./china trade, plus the made in america feel, which president biden seems to want to push through. also, supply chains are going to be a bit more extensive in china. what is the substitute if you don't want to get involved in that equity market? mark: not much, except i would say india. but you must for member, india is not the size of china. china has a very deep and varied market with incredible liquidity , which india does not have, but india is coming up fast. there really is no substitute for china at the end of the day. ok, taiwan is very good. it is particularly in the semiconductor and tech sector. korea would also be in that category. but no real replacement for china. mark: you mentioned a

mark. mark: i, agree, and jason, you watch, president of united states signing executive orders that destroys, the girl's sports in high school, why would you do that? then, you watch the executive orders signed that are enshrining critical race theory. in the federal government. and our school systems, that is a theory that is racist. that holds that this is a white dominating society from day one, there is not a damn thing we can do about it which is so appalling in the 1619 project from new york time that under mines the founding of the nation, you watch how this spreads throughout society with dr. seuss and "the muppets," things that you can't imagine people are projecting their agenda on it, can a country that divided against its self, attacking its own founding and principles can it survive? >> no, that is why the american people have to gotten ter jiezer get.>> you talk about the execue order -- order. >> and that is about a feeling, i feel like i am a woman, therefore you have to an act laws that satisfy my feelings,. i'm not trying to -- den great or blast transgender feelings, but the country cannot set up laws based on feeling, they have to be based on fact, data and serve the entire nation, it cannot be an emotional thing. the 1619 project and critical race theory, this is about serving feelings, more than serving reality. there were laws in america that needed to be changed, to ensure freedom for black americans, we changed those laws, martin luther king and that jeff -- generationfought for that. whole country went to war. we went to war in 1770s if more freedom and getting laws off the books, now we have a generation that thinks that america is at a place where we can start serving people's feelings, not we don't have to -- we're creating laws to satisfy feelings, but i'm a government cannot do that you cannot sustain a society where just serving people's feelings, people's feelings are irrational. they are irrational. markthink i should be married to halle berry, i feel like i have earned that. i'm not qualified. i can't have that. so, we have this thing in america, we can have it all and do it all, and no, there are certain things that through quirks and fate or our feelings, and just are not going to be met and it is not the government's job to meet the needs of people's feelings. we're off in a fantasy world. we're going to go through the trial and minneapolis over george floyd. none of it -- the reaction will not be based on the facts presented in court, it will be based in how people feel. and people feel, oh, the police. they are systematically killing black men, that is a feeling, that is not supported by any facts, it is supportedded by an anecdote or two, but as media has told us, you call them the corporate authoritarian media has told us. people have a lot of anecdotes about the election, but there is no proof of massive fraud in the elex michaelson. the -- election. a few anecdotes of police

mark. mark: yeah, it is a very big theme and it is going to be running. if we think about the 1.9 trillion dollar physical package from last year, we were talking about that for so many years. this is a much harder package because it includes tax hikes as well. it won't be a direct impact on markets too strongly immediately. anna: i wonder how the tax hike narrative plays up against the overheating narrative. coming up, the $66 billion comeback. china's biggest internet search firm debuts in hong kong. we bring you the exclusive interview with the founder robin lee. that coming next. this is bloomberg. ♪ anna: welcome back to the european market open. half an hour until the start of cash equity trading in europe. we see futures to the downside. markutes to go until the start of trading. we talked about the things that are weighing day today on the european stock market this week, but in terms of longer-term, in terms of valuation -- which of these markets might look like good value right now? mark: yeah, i took a bit of a step back view. actually, all the metrics at up in favor of something that jeffrey sacks was highlighting. u.k. stocks look very cheap. whether you look at the price-to-book level or price-to-earnings, they look very attractive compared to most global peers. most stock markets are looking very frothy but u.k. is trading along its long-term 10 year average. in terms of nominal price level, the ftse 100 is the lowest -- below its 1999 peak. it's not looking stretched. perhaps brexit is overpriced. perhaps this is the most discounted stock market in the world of the large stockmarkets out there. anna: really interesting piece written on the bloomberg about that. i'm looking at the pound because often the relationsh

also has stretch marks confirmed i grew very quickly as a child my skin couldn't catch up and it tore stains and like it has. treats people with stretch marks what causes them. stretch marks occur when the middle layer of the skin of the day. could be during pregnancy or with someone gains a lot of weight or develops a lot of muscle very quickly initially the marks are read like these and over time they become lighter and less visible or efficiencies ahead. don i mean your kind nowadays many patients seek treatment even for these less conspicuous marks. for. life. there is a wide range of lotions creams and oils on offer which supposedly minimize stretchmarks. do they work. since for such oils and creams are very popular but at the end of the day they can't rebuild the skin so i think it would be difficult to prove that they're useful and there are barely any studies suggesting that they bring about an improvement. can anything help. to try out micro needling. and find it had a friend tried my cranium and was very impressed i want to try it now too because i've had the results a long lasting. but does it work dr. first the treatment he uses 1.5 and 3 millimeter long needl

can topple an ash tree a potential danger for walkers that's why michelle feinstein christian mark marking ailing trees they will be cut down in late fall when the bird's nesting season is over so how are things looking. at us with the ash trees here seem to be in good condition especially the one on the left little experts believe that about 5 percent of ash trees are only slightly impacted by the fungus they seem to be disease tolerant something researches want to take advantage of the tune and institute up in brandenburg. scientists francisco past and ben planted cuttings of ash trees they think are tolerant then they infected them with the fungus on the trees showing any effect. it was causing it so we hope to see nothing although that could also mean the test didn't work that's always a risk. hopefully we'll see a couple of places where there is something to see and a couple more where there is nothing. small woodchips infected with the fungus were inserted into the bark of the tree the 2 researches assigned schools from one to 51 means the tree shows no signs of damage find means its

mark. mark: we'll be right back. ♪you've got the brawn♪ ♪i've got the brains♪ ♪let's make lots of♪ ♪uh uh uh♪ ♪oohhh there's a lot of opportunities♪ with allstate, drivers who switched saved over $700. saving is easy when you're in good hands. allstate click or call to switch today. out here, you're more than just a landowner. allstate you're a gardener. a landscaper. a hunter. because you didn't settle for ordinary. same goes for your equipment. versatile, powerful, durable kubota equipment. more goes into it. so you get more out of it. ♪ ♪ when you earn a degree with university of phoenix, we support you with career coaching including resume building, interview prep, personal branding and more for your entire career. so if you commit to earning a degree with us, we commit to standing by you until the day you retire. that's career services for life. find out more about our commitment at phoenix.edu a lot of people think dealing with copd is fa walk in the park. our commitment if i have something to help me breathe better, everything will be fun and nice. but i still have bad days flare-ups (coughs), which can permanently damage my lungs. my lungs need protection against flare-ups. so it's time to get real. because in the real world our lungs deserves the real protection of breztri. breztri gives you better breathing symptom improvement, and flare-up protection. it's the first and only copd medicine proven to reduce flare-ups by 52% breztri won't replace a rescue inhaler for sudden breathing problems. it is not for asthma. tell your doctor if you have a heart condition or high blood pressure before taking it. don't take breztri more than prescribed. breztri may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain occur. for real protection ask your doctor about breztri. tempur-pedic's mission is to give you truly transformative sleep. so, no more tossing and turning... because only tempur-pedic's proprietary material adapts and responds to your body. so you get deep, uninterrupted sleep. during the luxe event save $300 on our most premium mattresses. ♪ marko fight the virus. but we're already fighting the virus, we're already wrestling it to the ground, and the vaccines are in place, the distribution's in place. so what exactly do we need $1.9 trillion for? well, the democrats are saying that this is the greatest expansion of government, the greatest spending in american history, it is the great progressive bill ever. and it should be since bernie sanders wrote it. and notice bernie sanders is celebrating. what's in this bill? $362 billion in direct aid to state and local government. okay, so they're paying off mostly blue states, blue cities for being disasters before the virus. and, in fact, new york and san francisco and l.a. are all celebrating saying, hey, we don't have a budget deficit anymore. they just blew out our budget deficit. yeah, think about that. $168 billion to assist educational institutionsment no, to assist unions. why do we need $168 billion when they already have $60 billion sitting there? how much does it cost to d

deputy librarian, mark sweeney, was involved in the preservation strategy rebalancing, look ago the future and he can give you even more specifics about that particular aspect. cold storage. mark? >> thank you for the question. we look at the brutal acidic problem in our collections as a late 20th century problem, and now here he were in the 21st century and one of our biggest collection strategies challenges he dealing with growing digital collections. so, we look for a efficiencies in how we can dealing with the 20th century problem and rebalance and use resources to deal with the digital collections that are growing exponentially right now. cold storage slows down a chemical process, just as deaside fixation can slow down other chemical process. the thing you need to understand about the storage is that the library's storage capacity needs to grow just as its collections grow. when we construct that additional storage, meeting certain environmental qualities, it aleavates the reason to make the investment never deacidifyic at the same time. costs $30 a volume to deacidify a book. we can -- you have two and a half million item inside your complexion you want to deaside fie a

this is bloomberg. ♪ mark: i'm mark crumpton with bloomberg first word news. is an encouraging sign about the coronavirus pandemic in the united states. daily count of covid-19 cases in the u.s. filter just over 48,000 on monday, the lowest number in more than four months. more than a dozen states posted fewer than 100 new cases per million residents. most of those in the west and midwest. that is according to covid tracking project data. new york governor andrew cuomo is facing a growing chorus of calls to resign from low democrats amid sexual harassment claims and a controversy over nursing home debts during the coronavirus pandemic. six members of new york state's delegation called on governor cuomo to step down today. assemblyman ron kim spoke with bloomberg. >> i don't think he deserves the privilege of governing in new york state, after he chose to abuse his power, to not only cover of life and death information of nursing homes, but now woman after woman is coming out accusing him of his abusive behavior. we need to move the state forward. in order to d

marking right there. u.s. property. why in the world if savage was building rifles, with the have that marked on the rifle? -- would they have that marked on the rifle? officially, the united states was a neutral country. being neutral, we could only lend or lease these rifles to the british. to make it abundantly clear to the germans that we were not siding with the british, we marked them u.s. property. [laughter] another famous rifle. i'm sure many of you have seen the movie enemy at the gates. the siege of stalingrad. this rifle was featured in the movie. this is a model 91/30. it changed in 1930, hence the designation. fitted with a telescopic sight, this rifle had several interesting characteristics. not the least of which was the fact that over 17 million of these things were made. these were used all over the world and are still being used all over the world. a tremendous number of these made. only about 180,000 were made in the sniper version. it was chambered for the rimmed cartridge -- the soviet cartridge still being used today. they're probably shooting off quite a few of them in a place called libya right now. tremendous r

also has stretch marks asking for i grew very quickly as a child my skin couldn't catch up and it tore. because. treats people with stretch marks what causes them. stretch marks of when the middle layer of the skin of the day. could be during pregnancy or when someone gains a lot of weight or develops a lot of muscle very quickly initially the marks are read like these and over time they become lighter and less visible or efficiencies ahead. and i need your car nowadays many patients seek treatment even for these less conspicuous marks. from the off life. there is a wide range of lotions creams and oils on offer which supposedly minimize stretchmarks. do they work. since such oils are creams are very popular picked but at the end of the day they can't rebuild the skin so i think it would be difficult to prove that they're useful and there are barely any studies suggesting that they bring about an improvement. can anything help. to try out micro needling. and i find it had a friend tried my cranium and was very impressed i want to try it now too because i've had the results a long lasting. but does it work dr. the treatment he uses 1.5 and 3 millimeter long ne

mark mark life going forward, whether the loss is permanent as it was with beans or temporary like with me with the long haul thing. my daughter turns 18 tomorrow, my biggest one. >> oh, wow. yeah. >> you know, it really makes you think. everybody says it went by in a blink. no, it didn't. no, it didn't. it's 18 years is a lot of time and it just makes us all remember -- >> joe biden, before he was president, first time in the white house as vice president, he lost two children. he lost his wife. and you could feel in his speech tonight the compassion that he had -- that he has. and i think for the time that we're in right now with covid, with people suffering so many losses, with just what's happening in the country, the right person, the right time at the moment, that's not political. that's coming from a place in the heart, a compassionate place of the heart. i have to tell you, we're thinking about everybody who has suffered from covid, all the losses we've had, and especially the kusinski family right now. chris, i love you. i'll see you tomorrow night. >> i love you, don lemon, especially tonight. team beans. >> make sure you go to the site and check it out. this is cnn tonight, i'm don lemon. thank you so much for joining. so, we have breaking news. i think it is fair to say, and i think you'll agree, most of you, the country is at a turning point tonight and the president of the united states speaking to the american people in his first primetime address on where we stand after a year of covid. this has been a long tortuous year. don't you think? a long year. think about everything we've gone through. the quarantine, the lockdowns, the misinformation, the crazy statements, fighting over masks, all of that. but right now where we are, this president is promising every one of us, every adult will be eligible for a vaccine no later than may 1st, urging americans not to let masks divide us. condemning hate crimes against asian americans as wrong and unamerican. and demanding they stop. >> too often we've turned against one another. a mask. the easiest thing to do to save lives, sometimes it divides us. states turning against one another instead of working with each other. vicious hate crimes against asian americans who have been attacked, harassed, blamed and scapegoated. at this very moment so many of them, our fellow americans, on the front lines of this pandemic trying to save lives, and still -- still they are forced to live in fear for their lives just walking down streets in america. it's wrong. it's unamerican. and it must stop. >> compare that to the racist memes names for the pandemic that the other president called. none of it tonight, none of it, not a trace. how refreshing. how human. how compassionate. how american. president biden acknowledging it won't be easy, saying, i need you to get vaccinated and wear masks to get us to something close to normal by the 4th of july. >> i promise i will do everything in my power, i will not relent until we beat this virus. but i need you, the american people, i need you -- i need every american to do their part. this is hyperbole. i need you to get vaccinated when it's your turn and when you can find an opportunity. and to help your family, your friends, your neighbors get vaccinated as well. because here's the point. if we do all this, if we do our part, we do this together, by july the 4th, there's a good chance you, your families and friends will be able to get together in your backyard or your neighborhood and have a cookout or barbecue and celebrate independence day. >> what the president is saying is, help is on the way. that's how the preacher says it on sunday morning, right? help is on the way. come on, everybody. help is on the way. if you just do your part. right? there was no, i alone can fix this. no, no. no, i know better than the generals. how about, we're all in this together. i need your help. we're all americans. whew! ham lieu i can't. hallelujah. how different is that. how different from the me, me, me, me, me. me, me, me that we heard for four years. i need you. now the president has to deliver, though, on his promises. and on the monumental covid relief bill that he signed just today. all that as we mark one year of covid. a year like nothing we have ever seen really in most of our lifetimes in this country, nothing. the deadliest year in the recorded history of the united states. think about that. the deadliest year in the recorded history of the united states, a year of covid and a year of lessons about leadership. exactly one year ago the then president of the united states said this. >> the vast majority of americans, the risk is very, very low. >> now here we are after a year of denial. of downplaying the virus. of saying it would just go away like magic. saying, we can inject disinfectant. after a year of lies. that cost the lives of more than 530,000 americans. we can never, ever, ever forget those who we lost. but if president biden is making his promise to keep covid relief his first priority, the gop or the gqp is completely failing to meet the moment. republicans are hard at work trying to disenfranchise americans in a voter suppression effort, the likes of which we have no

mark? mark: i agree what i watch these debates you have the president of the united states, joe biden signing execkive order that basically destroys good old sports in high school. i said why in the world would you do something like that? and then you watch these executive orders being signed -- that are enshrining critical race theory. in the federal government and in our school systems, that is a theory the american people need to know that is blatantly racist that hold it is that this is a white dominated society from day one and there's not a damn thing we can do about it. which is so appalling -- in the 1619 project from "the new york times" that completely undermines the founding of the nation. then you watch and you see how this spreads throughout society with dr. seuss and -- muppets things that you keangts imagine for people projecting their agendaings on it and so forth. can a country that is at war with itself or lincoln would say divided against itself attacking its own powngdzing attacks its own principles can it survive? >> no, and that's why the american people have to get energized and have to take the country back from our politicians because we've moved into a fantasy world, mark where everything is about feelings about and so you talk about the executive order where biologically born men can now participate in girl sports. and that is about a feeling, i feel like i'm a woman. therefore you have to enact laws that -- satisfy my feelings. i'm not trying to denigrate or blast transgender people and their feelings. but a country can't operate on feelings. a country can't set up laws based on feelings. they have to be based on facts, data, it has to serve the entire country. it can't be this emotional thing and so -- the 1619 project, and critical race theory, this is about serving feelings more than serving reality. there were laws in america that needed to be changed to ensure freedom for black americans. we changed those laws. martin luther king and that generation fought for that liberation. you go back frederick douglas abolitionist abraham lincoln fought for increase federal freedom in 1860s country went to war over it and we went to war in 1770s more freedo

mark, keep up the fight. mark: we'll be right back. just remember my motto. if you ain't first... you're last! woo-hoo! allergies don't have to be scary. spraying flonase daily stops your body from overreacting to allergens all season long. psst psst you're good ... now, simparica trio simplifies protection. ticks and fleas? see ya! heartworm disease? no way! simparica trio is the first chewable that delivers all this protection. and simparica trio is demonstrated safe for puppies. it's simple: go with simparica trio. this drug class has been associated with neurologic adverse reactions, including seizures; use with caution in dogs with a history of these disorders. protect him with all your heart. simparica trio. here you go, let me help you. hi mr. charles, we made you dinner. ahh, thank you! ready to eat? yes i am! marka. what kind of country have we become? are we a federal republic? know. we don't respect to federalism and state authority anymore. in fact, we are moving more and more toward the centralization of authority and authoritarianism. are we a representative republic? not so much bid the vast majority of what takes place in this country is done by the bureaucracy and executive fiat. we have very little say in what is going on, particularly today with the way congress is conducting itself without hearings and with fences and the national guard surrounding it. are we a constitutional republic? not so much. many aspects of the constitution are firewalls have been breached, the supreme court is mostly dormant and does not stand up and does not enforce the constitution of the united states. what do we have if we are not a federal republic or represent to the republic and not a constitutional republic, what are we? many years ago i wrote this book, liberty and tyranny. are we for liberty? are we

mark. mark, in this case, is his chief of staff at the time, mark meadows. we had reported around the time that this happened that it was a surprise thing on december 22nd that mark meadows, the president's chief of staff, had, surprise, turned up in person at the location in georgia where an audit of mail-in ballots was actually under way. he was not allowed into the facility to where the audit was taking place, but he spoke with officials. there was never any white house explanation for what the white house chief of staff was doing there on site while the signature audit was under way, but you'll hear the president talk about mark meadows and his trip to georgia to look in on that audit at the start of the call. >> hello, frances, how are you? >> hello, mr. president. i am actually doing very well. >> good. well, you have a big fan in our great chief, right, chief of staff, mark. >> i did. i met him. i -- it was a pleasure to meet him yesterday. >> that is great. he's a great -- he's a good success, was a great congressman, and then when you lead by 35 poin

that a lot of the card marking was done by women because they had the ability to hold a very small brush, put very small marks on cards. and one of the ways they had consistently marked cards was they created what they call a mastercard, which showed all the marks in a contrasting color they would use those when they marked a deck of cards. we have a fan deck here that shows where the marks on the cards. we also have edge work here. the card on the left, if you notice, has a pointed edge, which indicates that it is an ace. the card next to it has a slight bump on the design and that indicates it is a king. if you go down all of these cards and look at the marks, you have ace, king, queen, jack, 10. we have a card cutter here, which was a traditional knife for marking cards, that would shorten the side of a card. we also have a corner rounder. when you trim a card, the round edge is destroyed so you have to put a round corner back on the card. we have a number of different things, including one of the blue books from the kansas city card company. the issue of cheating in gaming was largely resolved beginning in the 1940's, when the state of nevada became more active i

mark: i am mark crumpton with bloomberg's first word news. president biden's latest stimulus package will help power a faster than expected economic rebound this year. the organization for economic cooperation and development raised its gdp forecast for 2021 from 4.2% to 5.6% today and more than doubled in production for the u.s. economy to six and a half percent. oecd chief economist lawrence boom spoke with bloomberg television today. >> we are revising our forecast for two reasons, first the improvement with the pandemic, vaccinations, improvement in the economy. and the one thing that has changed since december is the $1.9 trillion u.s. stimulus on top of the $900 billion stimulus in december. we have global gdp growth for about a full percentage point. markl vote tomorrow on president biden's 1.9 trillion dollar coven reef

mark: i'm mark crumpton with your "first word news." the u.s. labor market appears to be moving forward. in february, employers added more jobs than forecasted. payroll increased by twice what economists expected. the economic recovery is not even the unpleasant rates for african-americans rose to 9.9%. republicans are threatening to stretch out the process to pass the stimulus legislation for several days, after the senate formally agreed to take a president biden's coronavirus relief will. senate republican ron johnson is demanding the entire bill be read out loud. that could take 10 hours. >> it seems the only group that opposes the bill are republicans here in washington. it is confounding the matter how long it takes, the senate will stay in session to finish the bill this week. markr

mark carol. mark: it is very similar to the november lockdown. for one important reason, schools will remain open. this is -- the government has been key to maintain this. they believe it is a fresh exception that has worked rather well because it has kept peoples at school rather than learning from distance -- pupils at school rather than learning from distance. they think it is not such a threat, healthwise. shops will be closed except those where you would buy food and maybe supermarkets. the big difference is that outdoor activities are now encouraged. you can run all day, there is no limitation to the amount of time you can spend outdoors. there is a limit of 10 kilometers from your home and they also decided that you cannot travel out of the region. they don't want the virus to spread. it is different because it is only 16 departments and it is also different because you are encouraged in a way to go outdoors more because they don't want people to get infected when they stay indoors or at home. >> that was mark speaking to me earlier on. let's get a little more analysis on the overall situation. thank you so much for speaking to us, dr. >> the french prime minister has taken a rather tougher approach than some people had expected. do you think this is the right decision? >> yes, i was quite pleased with what was decided because schools remain open and outdoor activities are very important. it is not very risky for the virus transmission. they took into account that we are close to a third wave as they said. it is increasing over the last two weeks. tom: paris has been a worry for quite some time now. just how bad is the situation in the greater paris region? >> it has been increasing substantially over the last three or four weeks. the most concerning situation is the intensive care unit because they are full. compared to what could have been done in the first wave, the rest of the country of france is quite full in terms of i see you capacity. it would be difficult to find places -- icu cap

mark. mark: we'll be right back. struggling to manage my type 2 diabetes was knocking me out of my zone, but lowering my a1c with once-weekly ozempic® helped me get back in it. ♪ oh, oh, oh, ozempic® ♪ my zone? lowering my a1c and losing some weight. now, back to the show. ozempic® is proven to lower a1c. most people who took ozempic® reached an a1c under 7 and maintained it. and you may lose weight. adults lost on average up to 12 pounds. ozempic® isn't for people with type 1 diabetes or diabetic ketoacidosis. don't share needles or pens, or reuse needles. don't take ozempic® if you or your family ever had medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2, or if allergic to it. stop ozempic® and get medical help right away if you get a lump or swelling in your neck, severe stomach pain, or an allergic reaction. serious side effects may include pancreatitis. tell your provider about vision problems or changes. taking ozempic® with a sulfonylurea or insulin may increase low blood sugar risk. side effects like nausea, vomiting, and diarrhea may lead to dehydration, which may worsen kidney problems. once-weekly ozempic® helped me get in my type 2 diabetes zone. ask your health care provider how it can help you get in yours. ♪ oh, oh, oh, ozempic® ♪♪ you may pay as little as $25 for a 3-month prescription. i knew about the tremors. but when i started seeing things, i didn't know what was happening. so i kept it in. he started believing things that weren't true. i knew something was wrong, but i didn't say a word. during the course of their disease around 50% of people with parkinson's may experience hallucinations or delusions. but now, doctors are prescribing nuplazid. the only fda approved medicine proven to significantly reduce hallucinations and delusions related to parkinson's. don't take nuplazid if you are allergic to its ingredients. nuplazid can increase the risk of death in elderly people with dementia related psychosis. and is not for treating symptoms unrelated to parkinson's disease. nuplazid can cause changes in heart rhythm and should not be taken if you have certain abnormal heart rhythms or take other drugs that are known to cause changes in heart rhythm. tell your doctor about any changes in medicines you're taking. the most common side effects are swelling of the arms and legs and confusion. we spoke up and it made all the difference. ask your healthcare provider about nuplazid. marklion to fight the virus and we are already fighting the virus and already rustling it to the ground and the vaccines are in place, distributions in place so what exactly do we need $1.9 trillion for? the democrats are saying that this is the greatest expansion of government, the greatest spending in american history and it is the greatest progressive bill ever. it should be since bernie sanders wrote it. i notice bertie sanders is celebrating. what is in this bill? at six to 2 billion in direct data to state and local governments. they are paying off mostly blue states, blue cities for being disasters before the virus and in fact, new york and san francisco and la are all celebrating saying we don't have a budget deficit anymore. they just blew out our budget deficit. yeah, think about that. 168 billion to assist educational institutions. no, to assist unions. why do we need 168 billion when they already have 60 billion is sitting there? how much does it cost to distance 6 feet each ot

they met scientists, cultural workers, and a film director, marked on sukhoi -- mark donsko y.so met a linen prizewinner -- a lenin prizewinner. they invited the american women to their home. anya is a member of the committee of american soviet relations. her husband is vice president of the institute. their daughter speaks english quite well. this naturally helped create a relaxed atmosphere at the party. recalling their meetings with soviet women workers, misses olmsted said -- >> we visited. i was impressed by the cordial spirit and the cooperative spirit. >> thank you very much. >> [speaking russian] >> i have to see it is working just right. >> everywhere the american women have seen that the soviet people desire peace. everywhere they have been met with smiles and friendliness. particularly memorable to the american delegates is their visit to leningrad, one of the most beautiful cities in the world, founded 260 years ago. great history making events are associated with the name of this city. leningrad is the cradle of the 1917 socialist revolution. it has won the title o

mark, i think it will— few years? in short, mark, i think it will stop, _ few years? in short, markat - few years? in short, mark, i think it will stop, that they i think it will stop, that they will be believed, and that something will be done about this. it is something i have her time and time again, this week from members of the asian american community is that we have been saying that this has been happening to us and we have not been believed and that has an impact when it comes to, for example, the statistics around this. when people report attacks on them and there is a reluctance to ascribe this to race, it has an impact on the statistics but, for instance, the government might use. how do you address something when you don't have a record of how widespread or not it is. when you talk about this specific attack, it is actually come up again, law enforcement and even the fbi have been saying that this may not actually be racially motivated, it may be more to do with sexual addiction that the suspect may have had. asian american people here say look, we were the targets of th

can topple an ash tree a potential danger for walkers that's why michelle pfeiffer 10 question mark marking angling trees they will be cut down in late fall when the bird's nesting season is over so how are things looking. trees here seem to be in good condition specially the one on the left little experts believe that about 5 percent of ash trees are only slightly impacted by the fungus they seem to be disease tolerant something researches want to take advantage of the tuna and institute up in brandenburg scientists francisco past and ben planted cuttings of ash trees they think are tolerant then they infected them with the fungus or other trees showing any effect. because we hope to see nothing although that could also mean the trusted work that's always a risk. hopefully we'll see a couple of places where there is something to see and a couple more where there is nothing. small wood chips infected with the fungus were inserted into the bark of the tree the to research is a sign school is from one to 51 means the tree shows no signs of damage find means its dead. cutting gets a warm fuzzy

mark: i'm mark crumpton with bloomberg's first word news. the top level review following the right at the u.s. capital for security improvements. house members will receive closed-door briefings today. recommendations include hiring more capitol police officer's, improving the intelligence capability and upgrading fences and surveillance. the u.s. supreme court has refused to consider former president trump's challenge to the presidential election results in wisconsin, rejecting the last remaining appeal that sought to overturn president biden's victory. the decision came without comment or published dissent. it follows the court's rejection last month of a group of appeals that sought to reverse mr. bidens when in wisconsin and for other states. the philippines expects to receive 20 million covid-19 vaccine doses by july. so far, 1.1 million shots have arrived. the government has administered about 45 -- 44,000 doses in places outside the capital region. new cases reported exceed 4000 -- 3000 for a fourth plate -- -- 3000 for the fourth day. the ex-wife of jeff bezos on one of the world's richest women has married dan jewett a seattle science teacher who said he plans to give away most of their wealth to charity. he is -- scott is the 26th most wealthiest person in the world. since their divorce in 2019, she has become one of the most important philanthropists of her generation. global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 26 hundred journalists and analysts in over 120 countries. this is bloomberg. ♪ >> welcome to bloomberg markets. kailey: we are joined by our bloomberg and bnn numbered audience. with blank check firms raising 32 billion dollars in february alone, we will discuss the outlook for special-purpose acquisition companies. plus, we will speak to the ceo of girls who invest invest street. we will speak to the is really prime minister candidate as to what's at stake in the upcoming election. amanda: we are watching the markets and some of the themes continue, notably a bit of a rotation. you can certainly see tech is the waste -- is the weak spot. it's notable about the s&p 500 in positive territory is that some of the big tech names are moving lower today. the nasdaq is the weakness in there and we see a bit of rotation out of the growth and leadership of this market into value. a major outflow last week so we are seeing a little bit of momentum building in this rotation. the 10 year yield one talking point for why this is happening. lots of talk about what happens as we get the stimulus package translating into checks into people's pockets and what it does to the u.s. dollar. all of that is in the mix but it seems those things that have been in favor for now, one we are watching his massive strength in the market which is the back face as an alternative to raising capital which means mammoth amount of money flowing in. lauren do list -- dillard is with us. thank you for being with us. i want to start with the shift in sentiment, would you expect to see it happen in a place like the money flowing into tech? >> thank you for having me. you covered a lot in that first question. we have seen a record number of ipos generally. we have had 198 year to date on nasdaq. that's compared to 316 last year. there are number of facts. that is a way for companies to access the market. we are now seeing companies evaluating the market in three different ways which long-term is good for investors like companies on the market so investors can access value creation. amanda: a column was put out on the terminal titled sorry folks, the stacked party is over. is the fact that we've seen money flowing out of high growth areas but stacks have been outperforming, have we seen it stop? >> we are seeing a rotation as you commented on. we had a record 23 billion dollars into assets tracking the nasdaq 100 last year. that's in norma's amount of capital and that's investors wanting to access the return. it was also what i would call the covid trade, the stay-at-home trade, accessing much of what was happening in the digital workplace. whether there is sector rotation now or not, one can say that cybersecurity and the cloud and all the things that were in favor or going to go away as vaccines getting people's arms and people get back out into the economy. kailey: when there is a major shift in valuations, some of those, they don't go away but they can take a long time to get back to current levels. what is your level of concern as to whether the nasdaq 100 is out of value level that calls for a bigger pullback. >> i think you have to look at it company by company. whether a company is in the midst of a digital transformation and we have not just tech companies listed on that. we have actually had the most number of ipos and health companies which shouldn't be surprising. you have to look through the fundamentals at each company. yes, we had a lot of flows into the nasdaq 100 but what you are seeing those people take some money off the table and moving into other sectors that were perhaps out-of-favor and looking forward over the next one or two years. i go back to don't think things like cybersecurity and the cloud will necessarily be going away. i think you have to look at the company fundamentals. kailey: let me ask you about the force of the retail trader. many people will be pointing at wall street bets. how strong of a force do you expect the retail trader to be going forward and what kind of regulatory changes do you think could be coming for the likes of robinhood? >> we had nasdaq believe fundamentally, we want inclusive growth. we would like the financial markets to work for everybody. as we saw tens of millions of new market participants, or objective is to get them a frictionless experience with true price discovery and we operate in a very regulated market. broadly speaking, we are advocates for the investors. what you are seeing is the sec and other regulators looking at some of the dynamics to decide where to regulate and where to change regulation. we have engaged with regulators for decades now on market structure improvements and things to have the investors make a better experience a we would all like to see things -- see more participation in the market but continue to get more educated. that's one of nasdaq's core beliefs is inclusive growth. kailey: when we talk on this international women's day, we cannot talk about the role nasdaq can play in shaping some of the policies around more women not just in the investment community but also in companies as part of the whole process. what is your thought on the policymaker side of that, the regulatory side that would create a more inclusive environment as we come out of this pandemic? >> we filed a diversity proposal at the sec back in september and we had close to 200 comments from the institutional asset management community and a lot of the large pension funds and associations. we actually just recently refiled an amendment to make it easier on these companies but the idea was to just have transparency around board diversity. the investment community has already been driving. i think every public company gets questions about the board diversity anyway so it's a matter of making that information transparent in a clear way. when you look across diversity at all levels, i think the mckenzie report listed close to 300 companies with 12 million employees. there is 47% of entry-level who are women. at the manager level, it's only 38% server there is a broken run and i think it's incumbent on all of us to make sure not just at the board level or the executive team, all the way down throughout the organization to drive diversity and inclusion. amanda: we have to leave it there but thank you for your time today. we will keep the conversation on diversity. we will speak with the ceo of girl to invest. she is looking to change the face of finance by increasing diversity on many levels. this is bloomberg. ♪ kailey: this is bloomberg markets. today is international women's day and throughout the day, we are talking to various leaders and finance about increasing gender diversity on wall street. the percentage of women occupying roles on wall street are low, most studies put it below 20%. one of the leading groups behind the efforts to change that number is girls who invest in the ceo joins us now. it is great to have you. girls to invest as a goal to have 30% of the worlds investable capital managed by women in 2030 and you have nine years to go, how far do you have to go? >> we have an incredibly ambitious mission by design. we anticipate the industry is less than 5% and we believe firmly we can move the needle by changing the pipeline in asset management and ensuring there is an incredible group of people who are committed to joining the investment management industry. amanda: what are some of the best ways to do that? how do you attract women but keep them there? >> we have done this 800 and 50 times in just five years. in terms of the pipeline attraction and attracting the talent in the industry, we believe it's important to do that by pairing education with paid internships. we recruit college sophomores and had 1600 people the summer -- this summer and we find that the talent is there if they have the benefit of the -- of our education program. what we found is that 80% of our industry women stay in the industry and that's important because not only is the talent interested in the interesting, they are staying if they are given the resources to succeed. once they start, it's critically important there is transparency around their careers and they have mentorship and sponsorship and they understand the compensation potential and negotiate their comp on day one so it's clear. we are encouraging employers to have these conversations with their entry-level and beyond to make sure compensation and conversations are happening. kailey: where does that impetus have to come from, within the companies themselves or is it going to come from shareholders and investors who are increasingly holding companies to account when it comes to the metrics? >> yes and yes. i would add that it's coming from the women themselves. the girls who invest alumni population who are college sophomores now very strong in the workforce and they are having conversations about compensation and they are negotiating. they come to ask and ask for guidance so yes to leadership and yes to shareholders but women themselves are much more poised for the conversation than five or 10 years ago. amanda: we sometimes see in other sectors that you can get 50% or more starting lawyers or graduates from law school but they drop off along the way so it is kind of keeping women especially through those critical mid 30 years were summer having families. there is still a biological problem we have to overcome. where is that in the mix? >> i would argue that women are dropping off even before the stage in which they are having babies. as people talk about retaining women in the investment industry that it's about capturing their interest before they have to make a decision about childcare. it's about ensuring that if they have an offramp to business school and they come back or recruited into another field. that comes back to transparent conversations in the workforce about retaining women. a lot of girls invest because our population is more and more mature in the workforce and they are facing more considerations abou the industry and we are seeing the stickiness. our women stay in the industry we think that's because of this conversation of sponsorship and active dialogue around the compete or -- around the career path and the potential it has in the are incredibly rewarding careers. they are dynamic, you can travel the world, you're able to have balance in the ways you can take call from anywhere. the world has shown us that this past year but these fields are very captivating once you see the potential to stay in a long time -- in the long-term. kailey: we cannot put women into one basket. we have to consider different demographics. what have you seen demographically in terms of women in color and socioeconomic backgrounds? >> we are proud of our summer intensive program which is 70% women of color and we are 20% underrepresented minorities and we want to push beyond that. we have a goal to have 20 per test 25% underrepresented minorities by 2025. we want to be goal oriented toward this.. it's great to have you with us kailey:. thanks so much. we will take a quick break, this is bloomberg. ♪ amanda: this is bloomberg markets. israel has led the way in the handling of the covid-19 pandemic including vaccinations and will be among the first countries that have been moving toward reopening. we are joined by the israeli -- the former is really defense manner -- defense minister and a candidate for prime minister. thank you for being here today. let's start with how well israel has done and how much you think that will become a bit of a referendum on the handling of covid in the upcoming election which would do well for the incumbent. >> there are two aspects to fighting covid. as defense minister, i ran the battle against covid in the first wave back in march and april. the first aspect is managing the whole system which we are talking about tracing and testing and isolation, managing regional differentiation and local law downs as opposed to national lockdown's. we have been sort of mediocre on that and a lot of innovation that still is yet to be done. the second aspect is we bought a lot of vaccinations early and we've activated a great deal of our population. a word of caution to any nation, vaccinations are vital, a vital arm but they cannot be the exclusive arm because if tomorrow, there is a very to our mutation that bypasses the vaccination, the whole national strategy will collapse see need to manage the country as if there is no vaccination, run vaccinations as if there is no good management and together, beat covid. kailey: this is the backdrop for the election in less than two weeks. you very well could become a kingmaker. what are your commission that's what are your conditions to join a coalition? >> israel is into mulch was times. this is our fourth consecutive election, it's crazy. israel is a good and reasonable country that we have to stop this thing, it's nuts. the first thing is to form a stable government. it could be a stable national government meaning right wing because the lions share of israelis are right of center. i'm going to replace president netanyahu after 32 years of his service and become the next leader of the state arisen -- of the state of israel. that's up for the voters to decide but the bottom line is a stable right-wing government can restart the economy and restore our status as a start up nation. kailey: what you are saying is no to a coalition, you would rather have another round of elections to confirm a new prime minister? >> quite the contrary, i'm saying it's vital that we do not reach a fifth election. i am confident we will be able to arrange a new national leading government that will take us out of this model -- this whole we have dug ourselves into. kailey: talking about geopolitics and the relationship with the u.s., the biden it ministration has started taking steps back toward an iranian nuclear deal. what are your thoughts on what president biden has done so far and his stance? >> president biden is a friend of israel and a measure -- in america is israel's greatest friend. we agree on the goal which is to prevent iran acquiring a nuclear weapon at all prices, any price, and anything is better than having iran acquiring nuclear weapon because it means placing nuclear weapons in the hands of a very radical islamic regime that is not rational. that means the whole middle east would go nuclear and that would be a nightmare for the whole world. the area we have to iron out soon is the means. we feel the current deal is a terrible deal because it provides a path to being on the verge of not one bomb but dozens. what we need to do is go back to the deal but change the deal so there is no clause that means iran can go ahead and put together centrifuges which are advanced. we don't want them to create a weapon and wait for them to press the button. no one wants that so israel and america, once we have a quorum, we will engage with the united states to try and agree on the parameters of the deal. be what it may, israel will never allow iran to acquire a nuclear weapon. with or without a deal. kailey: we have to leave it there but thank you for your time. he is the former defense minister of israel and prime minster candidate. thank you so much for joining us today. maurice coming up next. this is bloomberg. ♪ markumpton with bloomberg first word news. the centers for disease control and prevention today issued new long-awaited guidance for what fully vaccinated people can do. >> fully vaccinated people can visit with other fully vaccinated people and small gathering, indoors, without wearing masks or staying socially distant. we are talking about private settings where everyone is vaccinated. mark: the cdc warns those who are fully immunized should continue to wear in public and adding there is a chance vaccinated people could still get infected and transmit the virus to others. as the race to lead the oecd has narrowed to two candidates, francine lacqua spoke with the european candidate and former eu commissioner for trade. she told us she got backing for the post from both european and non-european countries. >> there are 37 countries and i know i have backing from many european countries and

mark: i am mark crumpton. greensill says it is being transparent and auditors and advisors approved asset classification. this comes after reports that germany's financial regulator is close to freezing payments at their bank. this is an arm of green silk capital -- greensill capital. it is so depositors and creditors get as much money back as possible. federal health officials are urging texas and mississippi residents to keep wearing masks despite the fact that governors are lifting covid-19 restrictions. the centers for disease control and prevention says it is premature to abandoned mitigation efforts and that the virus can still erupt again. here in new york, governor cuomo is speaking to reporters. the governor, and battled in his tenure in the wake of allegations of sexual impropriety. here is governor cuomo. gov. cuomo: i never knew at the time i was making anyone feel uncomfortable. and i certainly never, ever meant to offend anyone, or hurt anyone. or cause anyone any pain. that is the last thing i would ever want to do. i ask the people of this state to wait for the facts from the attorney general's report before forming an opinion. get the facts please before forming an opinion. the attorney general is doing that review. i will fully cooperate with it. then you will have the facts. and make a decision when you know the facts. i also want you to know that i have learned from what has been an incredibly difficult situation for me and other people, and i have learned an important lesson. i am sorry. i am sorry for whatever pain i caused anyone. i never intended it. and i will be the better for this experience. thank you. questions? >> if you would like to ask a question, use the right-hand hand function at the bottom of your window. we will take a brief moment to compile the q&a roster. governor, your first question comes from marcia kramer. your line is now open. please unmute your microphone. >> can you hear me? >> the dean of the delegation. i wonder if given the distractions of these investigations, especially involving sexual harassment, do you feel you might want to step aside or you should step aside, especially in negotiating the budget which could be one of the most important budget the state has ever had? the second question -- the reason i'm asking the question is emceeing circulated pictures of you touching faces of people all over the state. i wonder what you make of this pictures. gov. cuomo: thank you very much, marcia. first, you are right about the state budget. it is critically important. the state budget is going to turn the page to the rebuilding phase. we have been working hard to get funding from washington to fill the gap. that has been going well. we have to see what we actually get. we have tremendous financial needs on top of that. people have to pay their rent, if they need food, etc. you also have new york city, which is in a very precarious situation. it is teetering. crime is way up. homelessness is way up. many people have left new york city. the hamptons, mid-hudson valley, other states. we have to get new york city functional again. and safe again. and viable again. we have to do that quickly. we have a new mayor that will be selected basically in june, i guess. something could happen in november but basically in june. that work has to start right away. yes, the budget is very important. having said that, i will cooperate with the attorney general's investigation. and do the budget. we did a budget last year in the spring, in the heat of covid where it was the most intense period of my life of this government's life, of this state's life. we did both been we will do both here. on the pictures, marcia, i understand the opinion and feelings of ms. ruer. you can find hundreds of pictures of me making the same gesture with hundreds of people. women, men, children, etc. you can go find hundreds of pictures of me kissing people. men, women. it is my usual and customary way of greeting. you know that because you have watched me for, let's just say more years and we cared to remember. by the way, it was my father's way of greeting people. you want people to feel comfortable. you want to reach out to them. i kiss and hug legislators. i was at an event in queens the other day. hugged the pastors and assembly members that were there. that is my way to do that. however, what i also understand is it doesn't matter. it doesn't matter my intent. what matters is if anybody was offended by it. i could intend no offense but if they were offended by it, it was wrong. if they were offended by it, i apologize. if they were hurt by it, i apologize. if they felt pain from it, i apologize. i apologize. i did not intend it. i did not mean it that way. but if that is how they felt, that is all that matters. i apologize. next question, operator. >> governor, the next question comes from dave evans from wabc. your line is now open. please unmute your microphone. dave: can you hear me ok? gov. cuomo: yeah, dave. dave: i want to ask you, with all the calls in the last couple of days for your resignation from some democrats, is this your way of saying i'm certainly not resigning? gov. cuomo: yeah. dave, look. some politicians will always play politics, right? that is the nature of the beast. i don't think today is the day for politics. i was not elected by politicians. i was elected by the people of the state of new york. i will not resign. i work for the people of the state of new york. they elected me and i will serve the people of the state of new york. by the way, we have a full plate. we have covid, recovery, building, the teetering new york city, a terrible financial picture. we have to do vaccines. no. i am going to do the job the people of the state elected me to do. next question, operator. >> your next question comes from andrew smith of wnbc. andrew, your line is now open. please unmute your microphone. andrew: good afternoon. given how you have been today, why did it take a week for you to go before the cameras when people have noted your absence for so many days? my second question is what assurances can you provide new yorkers that there are not other accusers who worked for you who will large similar complaints to the two that have been alleged? gov. cuomo: two things. i apologized several days ago. i apologized today. i will apologize tomorrow. i will apologize the day after. i went new yorkers to understand because this is more -- the facts will come out in the attorney general's review. i want them to understand the emotion, because it is really, for me, it's as much about the emotion. i never knew at the time i was making anyone feel uncomfortable. i never meant to offend anyone or hurt anyone or cause anyone pain. i feel terrible that these people felt uncomfortable, felt hurt, felt pain from the interactions. i'm embarrassed by it and i feel bad -- from it. i am not in this business to make people feel uncomfortable. i am here to make them -- to help them. that is the essence of what i do. i do not believe i have ever done anything in my public career that i am ashamed of. i did not know i was making her uncomfortable at the time. i feel badly that i did. matt: there is new york state governor andrew cuomo apologizing repeatedly, but also saying he did not touch anyone inappropriately, and says he will not resign as the governor of new york. we welcome our bnn bloomberg audience and amanda lange out of toronto. it is a pretty new york-specific story, but it's important to point out it is a $2 trillion economy. this is not just a me too issue, but this is a man who has his finger on the button of a really massive economy. especially an economy that really drives global wall street. amanda: interesting to note he will not resign. one of the first questions was do you think he should, particularly given there is a conflict-written budget coming down. can he do the job? the answer so far as he is not going anywhere. matt: absolutely. very interesting stuff, although he did seem to be getting the same questions over and over and giving the same answers. let's go to shelly banjo. he said it pretty clearly. i will not resign. he said he did not touch anyone inappropriately and will hand this full investigation over to the new york state attorney general. do you think it satisfied concerns within his own party? shelly: i don't think it satisfied 100%. i think the level of contrition was quite unusual for andrew cuomo. for andrew cuomo to go on tv and say, from an almost deep feeling of sadness or he tried to convey that that he was sorry for what he had done and takes full responsibility. his previous statements were on along the lines of i'm sorry if you perceived me to make you feel that way. it is a slight change in town. i acknowledge i have done something wrong and i'm sorry about that and i will change my behavior. that is what people were looking for. these are just words. they will not quiet his lattice critics. they will probably not quiet the women who have been coming forward against him. i think it is certainly a step from where we have gone over the last week. amanda: great to have you with us, shelly banjo. a reminder that andrew cuomo's press conference is ongoing. you can see it on live go. matt: amanda, i think it's interesting we are getting a breaking headlines now from former president donald trump. very interesting timing. he says he is weighing a 2024 white house run, for his allies are telling bloomberg news that. donald trump wang the 2024 white house run without vice president mike pence. here you have something that has been talked about and something he did not confirm when he spoke to cpac last weekend. now it looks like, according to people familiar with the situation, former president trump will consider another run. amanda: it will be interesting to see the reaction from gop leadership, including very senior members in the senate. we have already heard allegiances and offered up if he chose to run. mike pence not on that scheduled to get. we have been watching the move in the treasury market and talking about the effects this biking yield has had on other asset classes in the volatility. there is a piece of that story that's important about the way treasuries -- the options are unfolding. we want to bring in liz mccormick. we have been wondering if the volatility will continue and it will play in important part in how banks lineup for the options and with the treasury needs to be thinking about. liz, we saw this spike because of this weird no-bit auction -- no-bid auctions. liz: last week we had a really poor auction, which can happen. there is a certain amount of people and dealers that have to show up for these auctions. we did see waning demand. it has been global. we have seen it and a lot of auctions. just a matter of investors saying maybe i need to be paid more so yields have to be higher. it is showing there might be a limit. for a while we had so much supply coming because of all the pandemic stimulus which is needed. it is getting to take a toll on investors like you are seeing. matt: liz, you are reporting on this industry. it has been top-notch. the story you put out today is still among the most read on the bloomberg terminal. we did speak with jim keenan at blackrock about 40 minutes ago. he does not see liquidity issues but i wonder if investors will start to get concerned, especially big pension funds that need stability going into a $21 trillion market. if you start seeing news like this, and we took this chart from your story today, it has got to worry people who don't want to have this kind of volatility in investment. liz: right. tracy and steven and i have been around for a while and looking at since after the crisis there was a lot of regulation that came in on banks to kind of shore them up after the global financial crisis. since then there has been a feeling that dealers just can't make markets like they used two. in 2014, we had the flash rally. a wild move lower end back. there were a lot of studies by regulators. it seems like it's happening more often. in march, hopefully once in a 100-year thing, the pandemic breaking in the fed had to backstop the treasury market and bought a lot quickly. they are still buying $80 billion a month. it seems like it is happening more often. you have heard a groundswell of public officials saying we need to look at this. the market needs to be tweaked. other saying central clearing. matt: thank you so much for joining us. tremendous job reporting these stories. i have been following your work especially in the last two weeks. this has been the focal point of markets. liz mccormick, senior reporter on rates. coming up, we will talk about spacs and their performance versus the s&p 500. we speak with brenda rainey about bain and company's finding on blank check mergers and acquisitions. this is bloomberg. ♪ bloomberg. ♪ amanda: this is "bloomberg markets." we have been watching the markets for special-purpose acquisition corps continue to be a huge focus of attention. record flows of capital and record valuations on deals. brenda rainey is with us now. thank you for being with us. it was those numbers i wanted you to key into the forget into the conversation about spacs. there is a ton of dry powder out there. lots of potential money to flood ideal. that has valuations at levels we don't want to make a mistake. that is not a lot of room for error. characterize the market for us. brenda: there has been a tremendous amount of dry powder in the industry for a long time. it continues to build up. it now stands at about $3 trillion. that is capital waiting in the wings to be put to work. that is absolutely feeling competition for deals and pushing prices very high. matt: i have been going to the super return conferences in berlin for the last few years. that number keeps getting higher. how much money is out there that needs to be put to work in private equity. i heard this a couple of days ago, although it's from a 2016 paper. spacs are the poor man's private equity. it gives retail investors a chance to get into a pe-like investment without being considered sophisticated and plunking down $1 million and so forth. is that a fair characterization? brenda: absolutely. anybody can invest in a spac. it is open to retail investors. there is a bit of democratization that happens with a spac. spacs have been huge. we saw over $80 billion raised in 2020. another $25 billion raised just in january. we see no end to this trend. the big question for private equity investors, is this opportunity or is this a threat? it is probably both. on the opportunity side, for private equity firms looking to exit a company to the public market, spacs offer a fast-track to an ipo. on the threat side, they are also competition for deals. oftentimes spacs have 24 months to find a company to merge with. they are at times competing for the same flow as traditional private equity funds. amanda: your own research found that spacs underperformed. from 2016 to 2020. how do you explain the massive continued popularity from the numbers don't back up the inflows? brenda: it is certainly a mixed bag. we saw 60% of spacs raised in 2015 to 2019 underperformed the s&p 500. i think we will continue to seek some winners and some losers in the mix. the one thing that is very important is that once the capital has been raised, the hard work begins. it is up to the spacs to find a company to merge with entity take public. deal sourcing is incredibly important, as well as very great diligence on any company they are looking to take to the public market. not all companies make sense to be public companies. spacs narrative -- need to look for companies with stability of earnings and revenues and a growth profile and a way for value creation that the markets will value. matt: it will be interesting to see if we give our regulatory scrutiny as congress sort of buckles down on wall street a little bit. brenda, thank you for joining us. fascinating stuff in your report. brenda rainey talking about the new new thing. spacs have been incredibly hot. colin kaepernick's spac went live today. you can get a piece of that if you want. amanda: if you want. buyer beware always. matt: cap yet -- imf miller. -- i am matt miller. this is bloomberg. ♪ markrumpton with bloomberg's first word news. andrew cuomo is apologizing if you made any women feeling, the governor said today he isn't resigning and urged the public to "wait for the facts before making judgment about the sexual harassment accusations he faces." governor cuomo says he never touched anyone inappropriately and is embarrassed by the accusations. he has been accused publicly by three women of inappropriate behavior, including two former aides. law-enforcement are warning a militia group may be plotting to attack the u.s. capitol on thursday, a day tied to conspiracy theories about march 4 being the "true inauguration day." this comes two months after an attack on the capitol by extremist supporters by then president trump which led to five fatalities. more than 200,000 people signed up for coverage in the first two weeks after president biden reopened healthcare.gov as part of his coronavirus response. the

mark 0rmrod. we but very satisfied mark 0rmerod. -- mark ormrod-— mark ormrod. we definitely will, john. s if it went ahead. a met spokesperson said they remain in discussion with organisers in light of current covid regulations. new figures have shown that cancer referrals and treatments have dropped again in london. january saw around 7,000 fewer londoners see a cancer specialist following an urgent gp referral since the same time last year. and 600 fewer people have started their treatment — that's a drop of 18%. the london marathon trust celebrates its 40th anniversary this weekend. it's delivered more than £93m in funding to sports projects throughout its lifetime, the most recent being a bmx track in harrow. it opened in october and has been allowed to stay open during lockdown as a play facility. opening a track like this really puts bmx—ing and biking in generaljust out there. but i see lots of my friends here, and i'm still allowed to see them, given, obviously, covid regulations. and i think it provides an exercise which, i think, is very difficult to get nowadays. let's take a

determined to make sure republicans don't have a voice in this legislationhi at all or during marks up -- mark-ups republicans offered aff number f amendments, 245 amendments to be exact. out of those 245 amendments democrats accepted exactly one for the final bill. one mr. president. among the amendments house democratsd reject or commonsense proposals to the school funding to the reopening of the schools. there was an amendment on freeze for the food assistance program for farmers and ranchers. they overlooked a rural communities and an amendment to protect health care providers from frivolous lawsuits. mr. president the one thing that can be said for the houses that we gave members in the house the chance to review the bill in committee. here in the senate democrats package will come to the floor without any committee consideration. we are supposed to except where the house sent over whatever changes the democratic leader made minus those excluded from a reconciliation package via the senate budget rules. mr. president democrats partisan course on covid legislation particularly disappointin

mark murray. mark, i have been looking forward to talking with you about this. virginia, it strikes me, is a case study of what can be done when one party, in this case the democrats, control both the statehouse and governorship. most people when they think of progressive politics they think of states like new york and california, but really virginia has passed legislation like gun control, voting rights, dozens of racial and social equity bills. these are all pieces of legislation governor northam signed into law and they've done it quickly. what can democrats and other states and what can democrats at the federal level learn from what governor northam and what democrats are doing in virginia? >> yeah, geoff, it's all about winning up and down the ballot. democrats in virginia have dominated the ballot for the last 15 years, going a whopping 13-1 in the presidential gubernatorial and senate contest. and then we saw during the trump era that democrats did very well in races for state legislature, winning control of the state legislature. and it's been a combination fueled by the growth in the virginia suburbs and diversity which governor ralph northam was talking about and that spelled democratic success. when you talk about virginia, it is playing out to me at a federal level, where joe biden, who is kind of a middle of the road, ideological democrat, is president of the united states and then linked by democrats narrowly controlling the house of representatives and barely in control of the use senate and that way you're able to produce progressive policies. that formula winning and then pushing the agenda being played out. obviously you mentioned in virginia but also to a lesser extent in washington, d.c. >> and i asked the governor about his sort of legislative success. and he said policy making is about timing and opportunity and making good use of both. so what other states do you think have the greatest potential for sort of a red-to-blue shift so they can be repeats like we've seen in virginia? >> geoff, when you talk about the growth of the suburbs, diversity, democrats have potential opportunities in places like arizona, where joe biden won the presidential election, where we've seen democrats winning back-to-back senate contests. also in georgia, where democrats won the two runoff for senate and control for the senate as well as joe biden winning that state in the presidential election. but as we saw in virginia, that did not happen overnight. in virginia, it was about a 15-year crusade, fueled by an unpopular president trump. so, you know, what democrats are going to need to do is continue to win in georgia and arizona in 2022 when there are gubernatorial and senate contests and win the legislature, which is one of the hardest things for democrats to do and will be one of the hardest things for democrats to do in places like arizona and georgia if they want full control. >> nbc's marknks to governor northam for that interview as well. >>> coming up in just a few hours, the ceos of twitter, facebook and google are set to testify before the house about the spread of misinformation on their platforms. that's unfolding as a new report finds seven of the lawmakers who are part of this hearing spread misinformation about the election results themselves. so are they really the best ones to be drilling these tech giants? we'll talk about it coming up. b. we started with computers. we didn't stop at computers. we didn't stop at storage or cloud. we kept going. working with our customers to enable the kind of technology that can guide an astronaut back to safety. and help make a hospital come to you, instead of you going to it. so when it comes to your business, you know we'll stop at nothing. so when it comes to your business, starting today, nobody has to settle you know we'll stop at nothing. for less than the very best. because only verizon gives you 5g from america's mo

the mark mark 29. i think this schedules going to be saving work. i'm confident it's going to be safe and it will work well. >> on and again, to get the saints back on campus is focal point. >> and we're planning for the fall and hopefully ideally will all be back. but we're anticipating we'll have a very. bigger a schedule and states will be back. it was that what was that all >> i heard most of the families in your district have decided to just keep going with distance learning. tell me about that. >> well, that they decided that yes, as you say, more than half of our families decided to stay on distance, learning. and i think there may be 2 reasons for that at the elementary level many wanted to stay with the teacher that what they were originally aside. and so that was played a factor rightly so we still have a lot of folks. we're not out of this pandemic yet. and people want to be safe. and so you have families that still haven't been vaccinated. things like that and or they have elderly folks in their home. they want to be safe. >> let them ma

. ♪ mark: i'm mark crumpton with bloomberg's first word news.embers of the biden administration will meet with their chinese counterparts in alaska next week. the state department says secretary anthony and national security advisor jake sullivan will meet with china's foreign minister and a member of the ruling bureau. the state department's spokesman says the two sides will discuss a range of issues including "those we disagree on." another of new york governor andrew cuomo critics says it's a wrecked -- says sexual-harassment harassments and nursing home scandals has weakened the governor's political hand and impacted the way the state is run. ron came says the controversies are interfering with passing a budget that is due in weeks. assemblyman kim spoke with bloomberg quick take today. >> i believe he is a distraction everyday. that is why more and more lawmakers are coming out, including the longest-serving member of the member, the chairman of the health committee called for his resignation so we

mark: all right governor desantis, thank you. this why i am transitioning from virginia to florida my entire family. thank you very much. >> thank you, mark, god bless. markcold turkey are you kidding me?! instead, start small. with nicorette®. which can lead to something big. start stopping with nicorette® we made usaa insurance for members like kate. a former army medic, made of the flexibility to handle whatever monday has in store and tackle four things at once. so when her car got hit, she didn't worry. she simply filed a claim on her usaa app and said... i got this. usaa insurance is made the way kate needs it - easy. she can even pick her payment plan so it's easy on her budget and her life. usaa. what you're made of, we're made for. usaa. mark: welcome back, america, the reason why i wanted to you hear from governor ron desantis, rather than focusing on cuomo or now some, this works. a highly populated state, number 3 in the nation. people are moving, they are talking with feet, they are leaving the dark blue states. what desantis has demonstrated, conservatism, constitutionalism, liberty, civil society, it works, the answers without of washington

marking. was done by women because they had the ability to hold us. very small brush put very well small marks on cards. and one of the ways that they had consistently marked cards. was they created what they call a mastercard which showed all the marks in a contrasting color that they would use when they marked a deck of cards. and they're we have a fan deck here that shows where the marks. the card we also have edge work here. the card on the left if you notice has appointed edge edge which indicates that's an ace. the card next to it has a slight bump. on the design by the upper left hand corner and that indicates it's the king. so if you actually go down all these cards and look at the marks you have ace king queen jack ten. we have a card cutter here, which is was a traditional device for marking cards shortening the side of the card. and we also have a corner rounder because once you trim a card the round edge of the card. is destroyed so you have to put a round corner back on the card? we have a number of different things including one of the last 1961 blue books from the kansas city card company. the issue of cheating and gaming was largely resolve

, it could get even worse. james, the quote from mark— get even worse. james, the quote from mark drakeford, _ get even worse. james, the quote from markget even worse. james, the quotel from mark drakeford, the election success in 2019, he said that is what secured the fund. he is very candid, he thinks it was a political judgment. candid, he thinks it was a political “udument. , ., , ., , judgment. very honest. i am pleased to see his honesty, _ judgment. very honest. i am pleased to see his honesty, because - judgment. very honest. i am pleased to see his honesty, because i - judgment. very honest. i am pleased to see his honesty, because i was - to see his honesty, because i was born in stockbridge. laughter. that is very stockbridge, that honesty! that is very stockbridge, that hones ! ., that is very stockbridge, that hones! ., ., , honesty! your candour is appreciated, _ honesty! your candour is appreciated, as - honesty! your candour is appreciated, as always. l honesty! your candour is - appreciated, as always. lovely to have you both with us. that is it. goodbye for now, more news after the weather at midnight. hello and welc

mark: i am mark crumpton. a white gunman charged with killing eight people in three atlanta massage parlors did not appear in court as expected today after he waved his arraignment. tuesday's attack sent terror through the asian community which has been targeted during the pandemic. california democrat judy chu reminded people of the effects of anti-asian rhetoric. >> his targets were no accident. what we know is that this day was coming. because of crimes like this, i as chair of the congressional asian pacific american caucus kerch this committee -- the asian-american community has reached a crisis point that cannot be ignored. markanta said regardless of the shooter's motivation, "it is unacceptable, hateful and it has to stop." astrazeneca's

mark: mark: it is definitely rotation. it is about tech selling off and some of that money moving into value names, but how much? is all that money out of tech going to chase other assets? i think that is what we are trying to work out. for the past month, it has been a pure rotation trade. that might change, though. anna: let's get into the earnings story. legal & general for a year pretax profit missed investments as the pandemic hit demand -- full year pretax profit missed investments as the pandemic hit demand. a recent report by the insurer found the uk's economy is likely to be uneven, with some regions rebounding more than others. let's dive into the numbers and broaden the conversation with the ceo of legal & general, nigel wilson. i mentioned the operating profit beating the estimates. i wonder how you reflect on the pandemic impact on your business. it comes in many forms. how do you fight on the impact of the pandemic in 2020 on your company? nigel: we had a very resilient performance in 2020, with operating profit at 2.2 billion pounds. i think the biggest theme that came out of it was technology, and the use of technology in providing service for customers, a working environment within the workplace for our colleagues. but also working firm home, which became easier than in the past. i think the other thing that came out was we have underinvested. it is a theme we have been talking about for the last 10 years, the need to step up investment in the u.k. we need a massive increase in investments to drive economic growth everywhere across the u.k. it is really interesting that lots more people have been on the phone during the pandemic saying, please come and help, please get involved, please help us drive economic growth, across the u.k. the other point you carry and devise person mentioned was the dividends were fantastic. well over 6% with good, long-term growth prospects. but when we see a rotation like ours, that is going to be an interesting challenge going forward. mark going to start with a slightly sensitive question, but given that we are rolling out an aggressive vaccination program, and we hope the covid pandemic was, in some ways, a one-off, does this affect your actuarial calculations and free up attentional reserves, or is it dismissed as a one-off in your system? how does it affect your projections? nigel: there are two factors around that. one is the economic consortium, where people's life inspected sees have been coming down -- expectancies have been coming down. people have not been living as long as they expected. two, we experienced something in 2021 where people died quicker than we anticipated. that is, again, something we have went into. -- leant into. we paid 20 million pounds to a university for research on how people can live longer, how we can provide better for people that we have done in the past. we feel as though that is a neglected science. we do need to level up better, making sure that people really enjoy their lifetime a

mark meredith is live from wilmington, delaware with more on how the administration is responding. hi, mark. marks the surge of migrants coming into the u.s. or trying to reach the u.s. i should say but republicans say it's the policies coming out of washington that are creating what they see as a crisis. the homeland security department saying they are on track to see at least a 20% -- 20-year high in terms of migrants that have try today reach the u.s. and this is something that the white house says they do have a strategy and the border is closed. still the white house says it's trying to find enough room to house all of the people now in the government's care. >> just in this past week, we've taken steps to bring a number of new facilities online from fort blitz to san diego convention center, 1400 beds. the 3 sites alone provide peak capacity and additional beds. steve: vice president kamala harris was tapped this past week to kind of handle what's going on in the border but her spokesperson told reporters on friday that right now there are no trips planned. we are hearing the possibility th

mark carney. he could not be here today. but amanda -- mark carney, amanda, erik, and mark carney. my top thre alive. up, we will discuss next steps in the impact on global trade now that that giant container ship is floating and moving off into the sunset. the secretary-general of international chamber of shipping joins us. this is bloomberg. ♪ matt: this is bloomberg markets. i'm matt miller with amanda lang. for what it's worth, the ever given is gone. my favorite website over the weekend was, isthe shipstillstuck.com. the answer is no. at an estimated $59 billion in costs. amanda: for what it's worth, indeed. it is worth a lot to get it moving. it will take days if not weeks to get all of the backlog sorted out here. what will that mean and how quickly do we get back to normal? i have a great guest on that. guy platt is with us, secretary-general of the international chamber of shipping. much better than we would have had if the ship had still been stuck, but this really does signal the chokepoints in global supply chains. what have you been thinking about as you look at one of the most important

mark, let's talk about the aussie direction after the rba governor's comments. of course this links to our question of the day, that verge between what they are saying and what the market is saying. mark: the aussie dollar is a very interesting case because you have the central bank in australia saying they would prefer their currency to be a bit lower, but they acknowledged that it is not yet reached an extreme level, probably because it has backed away from $.80 to the u.s. dollar. just under $.77 now. so the rba is concerned a little about the aussie strength, but to some degree they are not completely in control, because the aussie is a reflection of the tremendous move we have seen in commodities, the growth in the world economy, the projections that the global economy will do a lot better this year. so the aussie is very tied up in that. we're almost treating the aussie again as a commodity currency. in that point of view it will be hard for the rba to talk it down. the rba is trying to stabilize the yield curve. the intervention today with a way that governor lowe spoke certainly helped stabilize the bond market. if they can get short-term bonds down a bit that will take some off the australian dollar. but if we are really going into a super cycle for commodities, then there is not that much they can do to bring down the australian dollar in the short-term. rishaad: good stuff, mark. mark cranfield there. mliv go on the bloomberg terminal. we've got signs of a bit of -- between the middle kingdom and washington. let's get the details on that and the rest of the first word news as we join vonnie quinn. vonnie: reports from beijing saying senior chinese and u.s. envoys may actually meet for face-to-face talks. the first obviously since president biden took office. teams may meet in alaska to reset the current strained relationship between beijing and washington. the chinese side may be led by top lip to months -- may led by a top diplomat and the foreign minister. biontech says they could make 3 billion doses of the covid-19 vaccine with pfizer next year, making the shot far more widely available. global demand for the vaccine is rising as governments seek ways to reopen and revive their economies. the u.s. and europe aim to accelerate. >> in principle, we could further increase our manufacturer capacity. i do not see an invitation why we should not be able to prod

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mark cranfield. which currencies are likely to benefit from the fed's lower for longer? mark: it is a bit of a goldilocks and area, most asian currencies can do well but one of the first places you have to look is the you on. it is effectively the high-yield currency, the chinese currency that has the short-term yield curve of its own already, and yet, the spotlight will be for dollar you -- dollar-yuan to turn lower. you have this great scenario where people are already positive on china and they can get a very decent carry on the currency they are holding. that is often a combination which brings a lot of people -- we have seen in the past with the australian dollar, where people jump on board because it has a directional point and it also has a positive carry. dollar-yuan is a similar situation today. we could see it climb. if the yuan is doing well, look around the rest of asia and the currencies and the korean won, but also the singapore dollar. singapore most likely would hold policy unchanged and that would give a benefit to the singapore dollar on a relative basis, so if the u.s. dollar is going to stay soft, you would expect the singapore dollar not to be far behind. you could expect that to be on a similar path. single port -- singapore is looking at opening up flows between itself and australia and possibly hong kong. there is certainly optimism in terms of putting them there. asia currencies looking in good shape. haslinda: some calm has returned to the bond market, but should investors still be concerned about higher treasury yields? mark: it is really now about the pace of rising yields and also about how it affects the yield curve. the fed is certainly not standing in the way of higher long-term yields. in fact, they are almost saying that you get higher yields, you can see the reaction of the equity markets. one of the interesting things that happened yesterday was that the two-year and five-year yields dropped while the 10-year yield rose slightly. they won't to be too concerned if the curve steepen's at a gradual pace, as long as short-term yield stay low. we have a continuation of that, it will help risk-taking and probably commodities come out of it also. it looks safer the time being. haslinda: mark cranfield. mark and are strategists have been following the fed's decision on the market live blog. you can get a market run down and one click and find out what is affecting your investments. that is that bloomberg. the bonanza is set to continue. along with indonesia and taiwan and the boe. we are also watching th