what is her boss fashions or knowledge of v o l g 0? which is a whole i me, this is al jazeera ah, ah. out of there on the clock. this is a news life coming up the next 60 minutes stages set for controversial march by israeli ultra nationalists fighting through some palestinian leaders according to provocation. china accuses nato leaders of exaggerating the threat it poses and called the united states very ill.

o l g 0. great, well, i investigating the use and abuse of power across the globe for now to sierra. ah, robinson and joe had the top stories on al jazeera, the us president, and his russian counterpart flooded me pushing of how their 1st face to face talks . and joe biden took office. they agreed to resume talks and arms control and cybersecurity. they also promise to return on baset as to each other's capital is after they were withdrawn earlier this year, but disagreements on human rights and ukraine remain. i told president, put my agenda is not against russia, or anyone else. it's for the american people. i made it clear that we will not tolerate attempts to violate our democratic sovereignty or to stabilize our democratic elections and we would respond. the bottom line is i told president putting that we need to have some basic rules of the road that we can all abide by the national fisher price. there has been no hospitality on the contrary, our meeting to placing a constructive spirit.

that rights and issued a rebuke to, to the pair who organized the power t o l g b t event. we would like to recommend, if possible, that you educate yourself on the harm. it may cause seattle's black, indigenous and people of color in your pursuit of a free ticket to an event that is not expressly meant for you and your entertainment. while the taking back taking a black pride event has stood by its decision to charge white persistence anywhere from $10.00 to $50.00 and says that the fee will help keep it free of charge for black and brand trends and gay people. that journalist and commentator chad whitmore does say it's a prime example of reverse racism in today's america. sort of things are kind of a flagrant civil rights violation. but of course, the civil rights act and everything that came after doesn't really apply anymore when you're discriminating against white people, basically, which is very funny because a lot of groups through the birth of say they live at a rate, the country that white, the primacy and minorities are, is treated, which obviously not the case at

or if the world will expose the views to greater danger on our to 0 i o l g 0 as a whole me ah ah, one of the top stories here under 0, frances, suspending joint ministry operations with molly and forces. it's a move to put pressure on the colonel who is declared president last week to restore a civilian government. benjamin netanyahu is fighting for his political survival, offering opposition and governmental alliance was formed. totally, but it would take over israel's prime minister. netanyahu says he's betrayed right, wingers. i'm sure lanka is on the brink of environmental disaster as authorities brace for a possible oil spill from a sunken congress ship. and just a week's time, the flow of aid into opposition held areas in northwestern, syria is due to stop the un mechanism allowing it to pass through one remaining check point with turkey will end. and russia is blocking attempts to maintain it. the fear is that a plan to reroute through damascus will give the assad government more power, say a 100 reports. us ambassador to the united nations meets aid workers at the turkey borde

boss fashion, all knowledge of me, o l g 0 i which is a little i me this is al jazeera ah, there on the clock. this is a news life in the coming up the next 60 minutes stages set for controversial. march plays railey ultra nationalists. they're not fighting through some palestinian leaders, according to provocation. china accuses nato need, is of exaggerating the threat it poses and called the united states very ill. the u . s. approach is another milestone in the pandemic. but that's hope, the worst maybe over the international criminal court says crimes against humanity may be committed in the philippines during it's cracked up on drugs. i'm trying to get health coverage for the big day at the years with both the defending champion, portugal and well champions from an action. and then christine erickson gets a thumbs up from the hospital, but he says he's fine off his cardiac arrest. some attention. ah, so far right nationalist to hold a controversial rally and occupied through slim in the next few hours. the flag march delayed from last month commemorates a day. israel began the occu

ah, o l g 0. when ever you ah, all the this is al jazeera. ah hello, this is and use our on al jazeera. i'm fully back to life from our world headquarters in coming up in the next 60 minutes. record breaking temperatures in western canada and parts of the u. s. lead to dozens of dies. experts say climate change is to blade, ethiopia is army warns of a huge respond to great.

that's g-o-l-o.com. ♪ jonathan: live from new york city, for our audience worldwide on tv and radio thisorning, good morning are you here equity market, 4279 on the s&p 500. on the nasdaq, unchanged. the russell down by 0.4%. the s&p 500 up by 14%, the fifth straight months of gains on the cards, the fifth straight quarterly gain on the cards. the s&p 500 over the last quarter up by about 8%. i want to slice and dice this market for you just a little bit. look at this. going to go through things for the nasdaq 100, and take a look at the banks. the nasdaq 100 advancing by almost 6%. the banks on the s&p 500 down a little bit more than 6%. this in-line with the direction of travel on treasury yields, through q1 up by almost 80 on a basis points. you hear a lot of people talking about peak growth. let's talk about peak inflation, not just from the equity perspective, but from the bond market. in the previous hour, i asked a simple question. when was the last time you heard someone talk about breakevens? there's a good reason for it. there's a bias in this market and the coverage of it. whe

that's g-o-l-o.com. >> from the heart of where innovation, money, and power collide.licon valley and beyond. this is "bloomberg technology" with emily chang. emily: i am emily chang in san francisco. coming up in the next hour, but antitrust. secret subpoenas, ransomware. microsoft's brad smith addresses at all.

that's g-o-l-o.com. erik: i am erik schatzker. and welcome to "bloomberg front row."talking to josh friedman, the cofounder and co-ceo of canyon partners. josh was a hedge fund pioneer in the early 1990's. and today, his firm oversees $27 billion. distressed debt situations, lehman brothers, caesar's, and puerto rico, have produced some of canyon's biggest wins. but, thanks to trillions in central bank stimulus, there is not much distress anymore. josh says it is just a matter of time. josh: you have big portions of the equity markets that are in bu

and he did not on any of g o l quiz, you'll need to refer to the mid yeah. the also will be on the additional full shopping point is to not funny since a just because you much all remember a cripple god. today i don't, the american authorities sometimes cracked down on anything resembling opposition, but the voice of thousands is difficult to contain. that you know, by the law office, that's the collaborative defect. if this buffering, and if you're me just going through a tv coverage of russia, games is hugely enhanced by the people's as they roll out around the stadium cameras. turn from the game to capture the spectacle console when she for the walk . for what you what lappy loves, why do they walk in here the come you go see the moon 50 years after his death passage. ego is honored by with dead and raja supporters alike. he and the king of morocco share a special place in the heart of the nation. to night is an occasion for tea and cake. the book leafy family are settling in to watch the 2nd leg of the champions league semi final against egyptian giants.

and he didn't show up on any of g o l coin. you'll need to refer to probably mid yeah. also for the additional full shopping bobby bodies to not funny. since a just could you much remember if they are cripple god, today i've been lucky. don't get the the broken authorities sometimes cracked down on anything resembling opposition, but the voice of thousands is difficult to contain. well, if that's, you know, if i do wanna do after that, because i've just said, if this buffy, and if just me just going to walk you through one tv coverage of roger games is hugely enhanced by the people as they roll out around the stadium. cameras . turned from the game to capture the spectacle console when she for the works for you for what? lapping labs. why do they walk? you become you go see the move 50 years after his death passage. ego is honored by with dead and raja supporters alike. he and the king of morocco share a special place in the heart of the nation. to night is an occasion for tea and cake. the book leafy family are settling in to watch the 2nd leg of the champions league s

that's g-o-l-o.com.g the ante, targeting critical components of the u.s. supply chain, new report to speak on a taxonomy processing gbs the massachusetts area system in new york's mta last month colonial pipeline paid for and have million dollar ransom after a cyber attack shut down the fuel supply to the east coast i spoke with cyber security expert morgan wright to get his take an rancid where. >> this is been going on for a long time, about a year ago i said we had a global pandemic with covid and this is rising to a digital pandemic with ransomware and it's going be on targeting underfunded like under resourced schools, small companies, we are targeting things that only nationstates could target like her critical infrastructure in the colonial pipeline in the power grid that happened in ukraine and now meet supply, food is one thing you need to have a stable society and when you attack things like that you start taking the place of the nation-state and the problem is very difficult to invade a crimin

that's g-o-l-o.com. >> did you know norway sells more cars per capita than the u.s.? norway.riving home the message on evs. how gm plans to break out of the rearview mirror. >> we are accelerating the evs with 30 by 2025. >> in china one wants to become the tesla killer. >> tesla has been established 16 years. neo has only been around four years. >> some are betting on other technologies. >>

that's g-o-l-o.com. this week, the planet.

this is indeed a wide problem that wires a systemic felicity generally can change on l. g o . a reminder now of the top stories on al jazeera, there have been celebrations, and this is ryan regional capital left local forces, claim victory, and the conflict with e. c. o, p, and federal troops. they're now threatening to pursue them out of the area is really forces of both those, the palestinian business and the occupied, the east jerusalem area of seeing one triggering clashes with protest. her as and former south african president, jacob's duma has 5 days to appear before police after a court sentence seem to 15 months in prison. from thursday it feared that hundreds of thousands of people, many food might have lived in the u. k. for much of their lives could find themselves in the country illegally because of the u. case exit from the european union. these people have until wednesday to apply for settled status to secure their existing rights. more than 5000000 people have applied under the e. u. settlement scheme for either federal state is or preset or status. only about 2

that's g-o-l-o.com. >> yesterday fight breaks out on the floor of bolivia's legislature and this lookedittle different than your run of the mill political disagreement. a member of the country's ruling associateist party trading punches with a member of the opposition party. they gathered yesterday to discuss events leading to the detention of former interim president. that's all the time we have let please set your dvr never miss an episode, laura ingraham is here, and the islander beat the bruins 4-2 in the series. >> why even bother watching us? >> because i played hockey as a kid. >> that's what's most important is that people get to go watch another network while we're doing our show. what the heck? you're killing us. you're killing me. >> the game is over! >> okay, fine. >> they just won. >> you know, sean, when you first showed that video, when you first showed that video, i thought, what is brian seltzer doing wrestling someone on the floor. it looked like some kind of a -- i was

that's g-o-l-o.com. period. . . . >> crime rates continue to soar in cities across the country. worry aoc has a plan. listen to this. if we want to reduce violent crime in the number of people in our jails, the answer is to stop building more and support communities, not throw them away. >> let's stop jailing criminals so they can continue to murder and attack innocent people whenever they want, unbelievable. turning point usa founder charlie kirk joined me now with the reaction. if we stop building the jails will save money and crime will be down, she believes it has to do with the public policy we have to go deep down in public policy and find out what people are concerned about, that is my public policy issue robbing issue store . >> what is so funny about this, this is exactly what they teach in college and universities, aoc views the issue of crime as not as a problem of criminals but society must be rearranged. she thinks human nature is perfectly fine not a matter that people are stealing or writing and raping at record numbers, the fact that we have prisons at all why wo

that's g-o-l-o.com. ♪ >> good morning. welcome to "bloomberg markets: european open."r in berlin. mark cudmore joins me out of singapore to take us through all of the market action this hour. the cash trade is an hour wait. here are your top headlines. the tussle between economic optimism and inflation concerns continues to play out in markets. investors wait still f

that's g-o-l-o.com. annmarie: good morning from bloomberg's european headquarters.nnmarie hordern with manus cranny, live from dubai. the talk on tapering begins as of the fed moves up its forecast for a rate hike, predicting two increases by the end of 2023. president biden touts the prospect of better relations with russia. significant tensions remain from cyberattacks to human rights. china's intervention in the markets except steam, beijing asked to maintain financial stability, targeting commodities, currencies, and stock indices. 90 minutes from the start of european equity trading. what a meeting it was from jay powell, quite a different tone. inflation not so transitory, and finally talking about the dots being moved up. manus: you have to take those with a grain of salt. annmarie: you are right. manus: i think the headline, two hikes penciled in for 2023. for me, it is about we are live every meeting. we are live every meeting, that is what they are telling us. that has a big implication in terms of tapering, and what is the consequence, the belly of the cu

that's g-o-l-o.com. >> jess: when you have auto glass damage... schedule safelite's new drop and go serviced go enjoy your day. we'll send you text updates and let you know when it's ready. schedule drop and go today. >> singers: ♪ safelite repair, safelite replace. ♪ >> greg: if you're shocked when you hear cop has quit, you're probably flaming your face half whit. "new york times" got around to figure out why so mom cops -- somany cops across the counte leaving. which rhyme -- reminds me of a new cooking segment we've come up for the show. this is an organic graphic design because no one would do it for me. nosh it. it's a new cooking segment. south carolina lost third of its force. one officer said during protest he was spit on. friends and relatives stopped talking to her because she was a cop. if you're a law-abiding citizen, you should be worried about skyrocketing crime. after all you're being hysterical. >> really amounts of harm is unacceptable. i want to make sure that the hysteria and we look at the numbers in context so we can make responsible decisions about what to allocate in

that's g-o-l-o.com. manus: good morning from our middle east headquarters in dubai.is "bloomberg daybreak: europe." these are the stories that set your agenda. the fed plans to start selling corporate bonds bought during the pandemic. black rocks larry warns investors maybe underestimating the potential for spike in inflation. president biden looks to amend a trump ban on u.s. investments in companies linked to china's military. we're being you the details. plus benjamin netanyahu is on the brink of defeat. israel's opposition leader announces he has formed a coalition to topple countries longest-serving prime minister. a very good morning, i take you back to a few months ago. yields were spiking and the bond market was saved by the fed. what you have is an announcement overnight that literally has had no impact as the fed are about to sell down some of the corporate debt they bought, albeit a small amount that they bought. today they are preparing to sell those bonds. the bond market more or less doesn't interpret this as any signaling of taper, but patrick harker s

that's g-o-l-o.com. >> from the heart of where innovation, money and power collide, in silicon valley this is bloomberg technology with emily chang. emily: i am emily chang in san francisco. this is bloomberg technology. coming up in the next hour, antitrust reforms introduced by a group of house lawmakers includes going after big tech megamergers. we will hear from victoria spartz of indiana.

that's g-o-l-o.com. haidi: a very good morning and welcome to "daybreak australia."ng down to the asia market open. shery: the top stories this hour -- president biden pitches a minimum corporate tax in an effort to win republican

that's g-o-l-o.com. emily: welcome back to "bloomberg technology."mily chang in san francisco. let's get back to what we could call the abc's of markets. ed ludlow, educate us. ed: stocks are both lower on wednesday. class b shares owned largely by the managers of google who control the voting rights. over the last few weeks, class c shares that do not have voting rights are outperforming. that's the price gap between the two. the class "a" shares with voting rights have closed about 4% lower. normally they have a premium of 1.3%. you put them side-by-side and you can see the yellow line. on that side of your screen. the class c shares. no voting rights have outperformed after moving in lockstep for such a long time. and, finally, the rest of the big tech stocks, both of them outperforming the whole basket. my question to the audience. if you're out there and you know the answer, why would you want the shares that do not give you the right to vote? tweet me. call me. email me. i want to know the answer. one theory is that alphabet, its shares buyback

that's g-o-l-o.com. >> there is a strong recovery of oil demand..s., china, europe and elsewhere, and if the oil producers, opec-plus, stick to their current policies, we may see a widening gap between supply and demand. guy: that was the -- alix: that was the executive director of the iea earlier on what opec might do. they stand by their increase in production in july to 340,000 barrels of oil a day. this is what we are looking at. this is opec's capacity, above its previous 20 -- previous 21st century record, meaning it is sitting on a lot of oil, and they can really pump a lot of oil into the market quickly. will $70 oil prices hold up to demand and the variants of covid? amrita sen, oil analyst, joins us now. what does it mean? amrita: we were expecting this. it is in line with what we have been thinking. they agreed on a three-month increase in production for may, june, and july. it makes a lot of sense to bring them back, but basically, they are going to wait and see what happens with iran, with variables like you were mentioning, and then d

that's g-o-l-o.com. >> a very good morning and welcome today break australia. down to asia's major market opens. >> good evening from new york. the top stories this hour. u.s. equities climbing to a record and yields extended declines to the lowest since march. investors betting the fed will keep policies moving even after

that's g-o-l-o.com.he parents of the carrier turner suing the city of atlanta and wendy's, she was starting and killed, and they were negligent for allowing armed protesters from taking over a public street leading to the shooting. the suspect facing a felony murder charge. jillian: police reform hanging on a string as republicans deadline for an agreement, 10 talks ramp up, conservatives lead, worthy of discussing, maybe the end of this week or next week. it is a deal of qualified immunity that shields police officers from being sued but scott will not budge on the docket while democrats demand it. will: 3 virginia chefs ditched the democratic party over progressive call to defend police department's. jillian: one of them, brian hiatt explains you get what you pay for and that sheriff joins us live. i'm curious if you could tell us what was the breaking point? be changed this is something i had been thinking of it after my last election a lot of things started going on with gun rights, the breaking poin

that's g-o-l-o.com. another day, another chance.d be the day you break the sales record, or the day there's appointments nonstop. with comcast business, you get the network that can deliver gig speeds to the most businesses, and you can get the advanced cybersecurity solutions you need with comcast business securityedge. every day in business is a big day. we'll keep you ready for what's next. get started with a great offer, and ask how you can add comcast business securityedge. plus, for a limited time,ask how to get a $500 prepaid card when you upgrade. call today. ♪ ♪ >> tucker: new emails taken by judicial watch shows the secretary of state of the state of california worked with the democratic party p.r. firms to direct twitter, the media monopoly to censor users who suggested that election fraud might be real. a new lawsuit says the state of california has coordinated censorship with twitter violates the first amendment, which obviously it does. the center of american liberty in one of the countries most important advocates, an

that's g-o-l-o.com. look...if your wireless carrier was a guy, you'd leave him tomorrow.exible. not great at saving. you deserve better - xfinity mobile. now, they have unlimited for just $30 a month. $30 dollars. and they're number 1 in customer satisfaction. his number? delete it. deleting it. so break free from the big three. xfinity internet customers, take the savings challenge at xfinitymobile.com/mysavings or visit an xfinity store to learn how our switch squad makes it easy to switch and save hundreds. ♪ ♪ spiel in california congressman eric swalwell is a busy man, he once had with the chinese fact,t many can say that. now he's sending his goons to harass political enemies in the u.s., and it's on video. >> tucker, mo brooks says california democratic congressman swalwell's team committed a crime by unlawfully sending a process server to brooke's home, sneaking into brooke's garage to search papers on his wife. the video appears to show the sq be pulling into the garage, then the server speeds up the driveway, rushing out of his car to the garage to serve martha

that's g-o-l-o.com. have a look at downtown seattle as record-breaking heat waves at the northwest. the temperature reaching 106 degrees. a heat advisory in effect through tonight. todd: historic seat causing many restaurants to shut down and cooling centers to pop up. janice dean with the fox weather forecast. an area like seattle to get those numbers. >> janice: this has never happened in recorded history. canada has the highest temperature recorded ever in british columbia. high pressure across the northwest and the threat because we have drought conditions. we are going to still see potential for heat across interior sections but along the coast we will see a little bit of relief. all time highs in seattle and portland, 116 degrees, that is the temperature you see across the desert southwest. portland into the 90s and 80s, seattle will get 81 wednesday, very warm for them. their coverage highest in the 70s, heat advisories in effect for the northeast to the northern plains, parts of california as wel

l. g. b o play an important role protecting human. ringback face in a weekly critique of the story headlines, the news media have been left to sort through nick, master drink on a quite complex story from mainstream to st. journalism and main objective is to get me to send it to the wall to show them what's going on, exposing real world threats to objectivity. often the bonding return to moscow and neck and tunnels and people were arrested. the listening post covers the way the news is covered on a jersey reason. preventable disease account. 15 to 10 children in the project selection lives around the only challenge you didn't leave me i i i me visiting us senators promise covered 19 vaccines to taiwan after the island accuses try now blocking its efforts to secure doses. ah lu, i'm fully back watching al jazeera alive from also coming up a deal to deter corporate tax. don't jane jane have a nation's agree on a minimum 15 percent rate for multinational companies.

that's g-o-l-o.com.pedaling after comparing the us and israel to terrorist organizations. jillian: the controversial tweet eliminating a growing divide among democrats. >> reporter: this twitter controversy started after a state department budget hearing monday. afterwards representative ilhan omar tweeted she wanted accountability and justice for victims against crimes against humanity lumping the us and with the taliban and tweeting we've seen and thinkable atrocities committed by the us, hamas, israel, afghanistan and the taliban. 12 jewish democrats are noticing her words reflected deep-seated prejudice and, quote, equating the united states and israel to hamas of the delavan is as offensive as it is misguided. pushed by the letter her comments omar said she was talking about accountability for specific incidents in international criminal court cases, not making a moral comparison between the us, israel and terrorist groups. house democratic leadership thanks omar for her clarification but said dryin

that's g-o-l-o.com. >> the countdown is on in europe -- this is bloomberg markets: european close withnd alix steel. guy: 30 minutes until the friday close -- what you need to know this hour, brazil pushing back on angela merkel's bid to restore a you key -- u.k. man. the u.k. sees dr. in cases running 40% to 95% of confirmed sequence cases now the delta variant. and christine lagarde says they must water the green shoots of recovery, echoing that the region is not doing enough on the physical front. let's check where markets are. equity markets actually coming

that's g-o-l-o.com. >> good morning from bloomberg's european headquarters. it is 6:30 a.m.ty of london. this is bloomberg daybreak: europe. jay powell sees inflation as transitory. the markets pivot away from the reflation trade. treasury yields bounce as stocks clawback losses. sooner rather than later is what robert kaplan wants, to start tapering. james bullard says be ready for inflation to go higher. we are joined by --which says oil could hit $100 a barrel. manus, good morning to you. we have had a lot of fed speakers already. we are getting more. you have to wonder, what do they need to not pay in order to not move the market, kind of the do no harm mantra? that would be for powell as he heads into testimony today. manus: the dissidents, you lean into the new york fed. kaplan does not vote, nor does bullard. kenny unseat the bomb -- can he unseat the bond market? or money is going to wash in. wti is rising. tenure government bonds still saw 150 but we made a whip around yesterday. third biggest one-day move in 2021. i will show you what is going on in europe. europea

that's g-o-l-o.com. >> jess: when you have auto glass damage... schedule safelite's new drop and go serviced go enjoy your day. we'll send you text updates and let you know when it's ready. schedule drop and go today. >> singers: ♪ safelite repair, safelite replace. ♪ >> shelley castaway for a holiday? after busy backlash to indigenous peoples day, a new jersey school board, they have them there, decided two remove all holiday names from their academic calendar. when a bunch of native american givers. everything from thanksgiving, christmas, two memorial day wil simply be listed as day off. maybe kamala was ahead of the curve by calling memorial day the long weekend. it's to prevent anybody feeling slighted for. not realizing they just did the same thing with indigenous peoples day very that's one board member exclaims if you don't have anything on the calendar, but we don't have to have anyone with hurt feelings or anything like that. is full of the soft can be sponsored by my pillow. meanwhile, don't get any ideas rates for school board member i fairfax county, virginia spoke to graduatin

that's g-o-l-o.com. shery: from bloomberg's world headquarters in new york, i am shery ahn.sophie kamaruddin. we are counting down to asia's major market opens. haidi: global policy makers are pushing to ensure the g7 tax plan does not lead amazon off the hook. new rules could target its cloud computing business. a company surges as the fda --

that's g-o-l-o.com. >> tucker: welcome of the house judiciary committee passed six bipartisan antitrustt finally in the end need to break it up with the tech companies. one bill, called the american choice innovation online act prohibits big tech company from giving preference to their own products on their platforms typical antitrust legislation. it prevents them from discriminating against their competitors. another build called and didn't play act and that bill could force tech companies to break up in the end and sell their assets. they will pass by a single vote by two republican spirit of matt gaetz. republicans have talked about big tech censorship for years who were against censorship. only a handful of supporters of the bills affect most republicans on the committee opposing them. why? lets he become a big tech companies like google, facebook, amazon, and apple lobby heavily against the bills. apple ceo tim cook called nancy pelosi personally to complain about them. who else took a side big tech to oppose the antitrust efforts well, let's see, house minority leader kevin mccart

that's g-o-l-o.com. annmarie: good morning from bloomberg's european headquarters.annmarie hordern with manus cranny. england delays its reopening as infections nouns. the delta variant accounts for 90% of u.k. cases. president biden's visit to europe continues, this as nato warns of china's military power. jamie dimon says the trading boom could be coming to an end, signaling a big drop in trading revenue for jp morning. man is, good morning. a lot of -- manus, good morning. a lot of politics going on. it is the start of fmo c meetings. manus: are we tired and emotional? not you and i, stocks. there is a hawkish tilt from the fed. s&p 500 again kissing records, european stocks up for the seventh session in a row. a blazing trail ahead of u.s. equities for the first time in the first time in a number of years. 10 year bonds anchored at 148. inflation expectations, are they spiraling into the onboard -- unmoored zone. mr. levy says no, kkr says we are not running out of control on the markets. the lira a little heavy on the back of the biden and erdogan meeting, beca

that's g-o-l-o.com.roducing countries are confirming plans to rest or output levels of up to 2 million barrels of crude oil a day. saudi arabia's oil minister says recent market developments have proved the april decision to gradually increase production was right. >> we will not leave this market exposed to -- [indiscernible] mark: the minister said there were still concerns about the recovery and demand for energy. one of the world's busiest port is is -- is predicting shipping delays. a worker reportedly set all shipments leaving the southern china port will require reservations and the facility has beefed up covid-19 testing for imports, which could delay incoming cargo. the container yard at the port has been partially shut down after a covid-19 outbreak among workers. the world health organization has come up with the

that's g-o-l-o.com. >> this is the first word news.ays the covid data looks good for lifting virus curbs on july 19 after jumping cases fueled by the delta variant. it is driving the current wave of infections which may be weeks from peaking. a study shows infection rates increasing across all age groups but highest among people 20 to 29. authorities in hong kong will shorten quarantine time to seven days for fully vaccinated residents traveling for most places. they are set to cut the requirement for non-residents who are vaccinated. other plans include lifting capacity restrictions at some restaurants and swimming pools. steven mnuchin is weighing in on cryptocurrency. he spoke with david westin as part of the qatar economic forum held by bloomberg. >> i believe

that's g-o-l-o.com. >> we still see there being more to go in this restart narrative. >> we are stillby concerns. >> the biggest risk for me is that i underestimate how inflation is going up. >> the fed doesn't know either when this transitory notion is going to go away. >> the fed has to be very careful about its communication, not just verbal communication, but all types of communication. >> this is "bloomberg surveillance" with tom keene, jonathan ferro, and lisa abramowicz. tom: good morning, everyone. a simulcast, bloomberg radio, bloomberg television. we welcome you on a day of turmoil in the markets. there's no other way to put it. equities, bonds, currencies, commodities all have a dynamic story to tell, and all of this around fed speak this week. it is a theme this hour. ben emmons to join us. let's get dowt.

l. g b o the me hello again 0 this our prominent che, started off residence one on curtis has been released after is really forces arrested her and occupied east through so on sunday. police fired some grenades. first, protesters outside a police station calling for her relief. algebra correspondent, nevada, and today he has left the hospital, she'd been receiving treatment for fracture and her hand sustained drink for arrest by is really forces. it happened that occupied east jerusalem on saturday. voters and peru are casting their balance to the presidential run off. one candidate is a left this the other are right wing politician on daughter of a former leader, jail for human rights abuses. elsewhere in latin america, mexicans are heading to the polls for the country's biggest ever elections. so voters are choosing members of the lower house of congress, state governors, and thousands of local politicians. the mid term vote is seen as a referendum on the policy of president address many lopez up or door. the ruling party and its allies are expected to keep their majority, but recent poll

that's g-o-l-o.com. emily: welcome back to bloomberg technology.to look at some shakeups in the semiconductor space. bloomberg's ed ludlow standing by. >> you probably haven't heard of them, but intel has come in with a more than $2 billion bid to take over the company. bring up some of the details that are pretty interesting. we're hearing from sources that there are multiple bids. some of them are takeover and some of them are offering investment. some say the firm is to stay independent. this is a company that has come out of nowhere and grown really fast. why am i talking about this chip company that you have never heard of? it designs and licenses the designs of chips. does that ring a bell? the same arm of softbank that nvidia is trying to buy. if we bring up nvidia shares and look at them versus intel, you can clearly see there is outperformance versus intel and versus the philadelphia semiconductor index. the reason there is so much interest in this deal for intel to buy sifive is that they do the same thing. one of the concerns around nvid

that's g-o-l-o.com. ♪ >> we are going to be shocked at some of the inflation views over the next few look at the economic data, and so far, so good. >> what we've got is just a reshuffling. >> i do not see an inflation phenomenon kicking in. >> i see inflation in commodities. i see inflation and some supply chains, some goods and so on and so forth, but there is no generalized increase in inflation. >> this is "bloomberg surveillance" with tom keene, jonathan ferro, and lisa abramowicz. jonathan: it is an exciting one. from new york city, for our audience worldwide, good morning. this is "bloomberg surveillance ," live on tv and radio. alongside tom keene and lisa abramowicz, i'm jonathan ferro. equity futures this wednesday morning moving higher by three points on the s&p 500. do you like anticipation there? just a pause.

that's g-o-l-o.com. ♪♪ ♪♪ >> good morning, welcome to daybreak australia. >> good evening from new yorkthe chinese communist party celebrates its 100th anniversary. the country faces risks both inside

that's g-o-l-o.com.joining us now, fox news contrir and the hill media columnist, joe concha. joe, i'm sure you saw this, the bipartisan infrastructure deal is now on the verge of collapse. that was quick. joe, i'm sure you saw this, bipartisan infrastructure deal on the verge of collapse. that was quick. republican senator saying you can't hold hostage the infrastructure deal to get an even bigger spending package past loaded with your wishlist items budget reconciliation. pentagram think this is a dealbreaker, what you say? >> it's like eight minute dating, he started off so well, people getting along so well and in eight minutes, it fell apart. it looked like yesterday joe biden was this moderate we heard about during the campaign, at least from the media anyway as far as making deals, they trimmed down infrastructure package to only deal with roads and bridges and grades and railways into her like okay, people can get behind that because we see what happening in all those places as first infrastructu

that's g-o-l-o.com. ♪ ♪ >> jeanine: welcome back to this special edition of "hannity."s all the time we have tonight. but make sure to tune into my show, justice with judge jeanine, tomorrow night and every saturday night at medical p.m. eastern right here on the fox news channel and you can dvr. now, sean is going to be back monday night with a big interview with piers morgan. ingraham angle is up next. goodbye. ♪ ♪ >> laura: i am laura ingraham, and this is a special edition of "the ingraham angle," a week in an hour when we examined the stories that made these past few days from biden and common the abroad fauci and the media back home. i'm going to take a look back at the big comebacks of that week from the cinematic to the political. raymond arroyo will! it in friday follies. but first, who says there was a news and history made of the g-7 in cornwall? who said biden did not

that's g-o-l-o.com. >> you will see prices continue to move up. the things we consume. >> the thing to pay attention to is the chairman. >> powell is optimistic we will get a robust labor market recovery, that inflation will be contained. >> he's been saying we will respond if we need to. there ain't no inflation problem. >> this is "bloomberg surveillance." jonathan: we have a deal in d.c. for our audience worldwide, good morning. this is "bloomberg surveillance ", live on tv and radio. taylor riggs stepping in for tom keene. tk back with us on monday. 4262 on the s&p 500. we have a deal down in d.c. we have something that might