well mr osborne. mr osborne other people who are responsible for many many of the. transgressions that were made in the name of austerity i tend to agree with stiglitz and other people who say that the cost of austerity is greater than what it saves so actually what you have is you have posterity austerity which takes generations and generations to work or austerity is too expensive we can't afford to waste money and what mr osborne should do i know i know very little about him i've never met him or i would say austerity is the worst thing that you can do now we have to do what we did in 19. in order to remain. as an alternative to naziism in europe we had to start spending money generations and generations so therefore the 2nd world war was not only got 55 years of the 2nd world war the last. world war and we are going to have to dig deep and borrow and borrow and borrow and get ourselves into a situation where in 50 or 60 years time we can sell curried we paid for the corona corrupt cayman 2020 and mr mr. mr osborne unfortunately this is what happens when you get

osborne again, does general slocum bear a real ghost of gettysburg here? some of us eastern soldiers know slocum better than sherman did. i do not doubt that this delay comes more from a lack of ability and energy to cope then from any other cause. he once failed howard in a fight at gettysburg and i feel -- i fear he will do so again and will go overboard. i hope not, but we will see. what this does is delay sherman's advance of the left wing about two weeks. osborne, who was something of a gossip, but i love his diary, he will point this out. last night sherman sent word to general howard that he had heard from general slocum that he had been unable to get off from the lack of supplies. i suppose the infantry will coast tomorrow. rather a bad record just to get in position from which to commence a great campaign. of course, there are other causes being picked at with this. these are important as well. for those of you that recall the middle tennessee campaign, it rained and rained and rained throughout that from nashville towards chattanooga. a similar b

era of acidity. he is turning his back on the cameron, osborne era of aciditym is very interesting.of the crisis that we now face any different way that david cameron and george osborne the mess after the global financial crisis 2008 — 2009. he will spend, spend, spend on infrastructure, and housing and job creation and we see in this piece, this interview with the mail on sunday, the first recognition that some jobs will not come back and that there will need to be training. it is a very upbeat interview in which he is saying, i can do this, i can fix this, i can level up britain. and james, spend, spend, spend is the message, but the government has already spend, spent, spent with thejob government has already spend, spent, spent with the job retention scheme, they bounce back loans and tens of billions already spent? it is a really interesting interview this, because it is not a normal recession built up essentially, the government to turn the economy. this is not a natural recession. they switch they cut me off and the key now is to switching it back on again and that will invol

alistair darling, george osborne and philip hammond, who between them ran the treasury between 2008 andh little real disagreement between them. when we get to the happy day when we're recovering and we're on the path to recovery, my view is quite clear that, yes, we're going to have very high debts, like we had at the end of the second world war, but one of the things that a government like ours can do, because we're a large economy, and no—one doubts our credit worthiness, you can actually carry that for some period. but what i would be very concerned about is if we got ourselves in the situation where, if you like, in the recovery stage, you start bringing down things prematurely, you stop the growth and you drive the country back into a recession. if you want to stimulate the economy, the most obvious this is a a time—limited vat reduction. we did it ten years ago and it did have some effect. i'm not sure about cutting income taxes. i don't think that is really what would make a difference from people going out to work longer or doing second jobs or anything like that. my guess is in

hope among the hardship down the streets of bogota katherine osborne- the voice of our report. more use of course e sty with us but most of all stay safe you watching france twenty four. the boom you project is a platform for residents of france's disadvantaged suburbs to tell their own stories. we provide the camera and they filmed their experiences to break down cliches about the french bond you. it did not go in and also *-*- living example there yet don't don't difficult only is it gives you a genderless did you vote for it no i'm now shooting but because of all the people. said they don't call you don't know when it is it also a functional drink often us a community. kitchen table description of issues on the continent. no more unless it is an yeah it's cool school. is seen that. she has she ever. came out. good luck i mean. he. morore for cities r right. did you. see the doctor position i wanted. because. i think. w. grew up in a housing project in the city of san v. eight came across the truck during his deeds first trip to his suburb quickly persuaded by the concept he

alistair darling, george osborne and philip hammond — who between them ran the treasury between 2008uture taxes, creating jobs and supporting businesses — with little real disagreement. when we get to the happy day that we are recovering and on the path to recovery, my view is quite clear. yes, we are going to have very high deaths like we had at the end of second world war. —— debts. but one of the things a government like ours can do — which we are a larger economy, and no one doubts our credit worthiness — you can actually carry that for some period. and what i've been very concerned about is we've got ourselves into a situation where — if you like — in the recovery stage you start clamping down on things prematurely and you stop the growth, whatever it is, and you drive the country back into a recession. if you want to stimulate the economy, the most obvious thing to do is to do a time—limited vat reduction. we did it ten years ago, i think the evidence is that it has some effect. i'm not sure about cutting income taxes. i don't think that's really going to make a difference betw

sorry for you who find yourself at the back of the pack husk of our in a factory saying back asa born osborn take the whole spot add the early a lead red bull k.t.s. racing cooper get in position for a push getting around justin brayton after the train on the 2nd bed he'll make moves again on the 2nd train portion this time all were nearly falls off his bike while 10 x. lies in the 3rd position that 123 would be your winners as webb cruised his way to his 3rd wednesday night win in a row. second to 3rd respectively on the web also 24 points behind standing head of the season finale on sunday to the 250 east then to we go and it's monster energy harrison am with the early lead but. is just creeping up behind him as they enter the 1st round of the train portion making a power grab around the 2nd bed and will hold the whole spot for a significant period of time though eventually he'll lose it chase sexton in a pretty aggressive way sex and will end up hanging on to his lead and taking 1st place maybe it is 4th the win of the season 21 year old going to the east west showdown with a 6 point lead

do you know how long george osborne plans to stay on as editor?er: you had better put this question to him. francine: we will. alexander: it has not been confirmed. francine: thank you so much for joining us, alexander lebed of -- alexander lebedev. we were inspecting a big rally shortly. that is what we had in the u.s. also market movement when it comes to currency. stocks are slipping after this historic rally for the dollar rising. coming up, we speak to eric collins. founder of a fund that supports ethnic minorities. that is coming up next, and this is bloomberg. ♪ francine: this is "bloomberg surveillance." let's get straight to the bloomberg business with dani burger. occidental is reviewing ways to reduce its debt pile. the company is considering reducing stakes in oil and gas fields in oman. its holding in the area could be valid at more than a billion dollars. the company is also open to divesting other assets in the region. france is earmarking 15 billion euro to help it struggling airspace sector. it includes expansion of payroll subsid

avoiding the same strategy of austerity that was assumed by david cameron and george osborne.ine: matthew goodwin, what kind of break the deal are you expecting if we get one? think obviously the negotiations are ongoing, but i think there will be a deal by the end of the year. key sticking points currently are around fishing, state aid, and around the european court of justice. both sides will have to make some compromise. there is a view within the conservative party, one wing of the conservative party, that they can still push for a sort of no-deal brexit and wrap that into the economic down age that the companies, the covid-19 crisis. at that is a minority view. there is an appetite on both sides to get the deal done, and for boris johnson there is an appetite to than move on, to get back to what he thought his premiership was going to be about, building global britain -- building britain, trade deals with global companies around the world, turning what is a messy issue into the defining moment of his premiership. francine: what kind of trade agreements can we see and how

osborne. we have received your letter and i'm sure the support staff is working on the restaurant. >> i appreciate this. we are entering this eyes and ears wide open. thank you. >> any other callers? >> operator: at this time, no other members of the public on the phone wishing to make public comment. >> public comment is now closed. >> item 6, the executive director's report. >> good afternoon, commissioners. i am katie patricioni, acting currently as the port's executive director. i have two items for you this afternoon. first, i just wanted to start with an update on the fire this saturday at pier 45. just to give you all an update. long-term impact of the fire is yet to be seen, but we are very concerned about our tenant who were previously grapples with the impact of covid-1 covid-19 d who have lost such a great deal in the fire. we're grateful to the san francisco fire and police department and economic work development, as well as other city partners who have come together to help us re

weights endorsement with cowen giving them a price dale earnhardt up about 20% from these levels jeff osbornyst behind the call. this is my first question, so it's not as if you're just a fan boy of evs. >> in particular, out to avoid some of the pitfalls, and hopefully they won't be building trucks out -- >> let's talk about some of the contrasts between nicola and tesla. in what way does nicola remind you of tesla, and are those differences a good thing, in your view? >> the biggest is tesla looks to makes everybody in-house you certainly can have a leadership in technology they have that today i think the europeans are rapidly catching up, upgrade their technology, but in terms of nikola, they created the company bosh and worthington we're at the start of that process, but over close to a dozen partners really accelerated the path to development. in the latest round, it gives them in the first two years a location to make these trucks at a factory in germany that's been making trucks for quite some time. >> interesting, and the company is a ways off from producing in the u.s. i know a lot

joining me now is rupert harrison — from 2010—2015 he was chief of staff to chancellor, george osborner we have had before this covid—19 outbreak, but we all knew in april the economy was deliberately shut down by the government, we knew we we re down by the government, we knew we were staying at home, people weren't going out and loads of businesses we re going out and loads of businesses were closed, so we shouldn't be surprised by these numbers. really bea surprised by these numbers. really be a big uncertainty is about how quickly this bounces back and crucially as andrew bailey was saying, how far it bounces back and how much of that 20% is going to ta ke how much of that 20% is going to take a long time to get back. what would you recommend? what are the key measures in order to see a quick bounce back? the most important thing and the biggest setback to another recovery would be another wave of the virus and we have seen markets around the world sell off very dramatically over the previous days because they are getting concerned about a second wave of the virus in some states in

thank you, cheryl lowery osborne.u for reminding the nation of the father of the movement reverend joseph lowery. >> thank you. >> more "politics nation" after the break. stay with us. after the break. stay with us in response to covid-19, subaru and our retailers are donating fifty million meals to feeding america, to help feed those who now need our help. its all part of our commitment to our communities through subaru loves to help. love, it's what makes subaru, subaru. it combines powerful vacuum suction and spray mopping. to lock away debris and absorb wet messes. all in one disposable pad. for a complete clean, vacuum, spray mop, and toss, in one click. the shark vacmop, a complete clean all in one pad. (drum beats) and sometimes, you can find yourself heading in a new direction. but when you're with fidelity, a partner who makes sure every step is clear, there's nothing to stop you from moving forward. sprinting past every leak in our softest, smoothest fabric. she's confident, protected, her strength respected

it offers aides to on -- eight osborne orders from underrepresented groups. softbank will put at least $150,000 into each of its 14 companies chosen. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i'm karina mitchell. this is bloomberg. you are up-to-date. ♪ haslinda: [laughter] bondsors in china's counting on beijing to unleash bulk cash into the system. jason pond joins us with his answer -- outlook. next, we speak to stephen cochran on the shape of the economic recovery for the region. ♪ ♪ as countries begin to reopen economies, there is ongoing fear that a second wave of infections may turn the recovery. indonesia reported a record number of daily caught -- infections. the central bank cut rates for the first time in three months. economist. analytics good to have you with us. you are of the view that several economies should be opened up faster. there's also the risk of opening up when you're not ready. case in point, india. virus cases are still escalating

renault before the pandemic having to pick up the tab for 10 years of hysteria take under george osborne it must get done in history as one of the worst chancellors ever and we're having to do without one of the reasons i think why so many poorer people are dying from the coven 19 is because they haven't had the kind of support they should have had over the last 10 years or so and a lot of these people are living hand to mouth unable to afford the same tools of life so it's only natural that their bodies are we can because they haven't had the economic and financial support for the last 10 years it is there we're going forward that a case of support what can the government doing westminster or what more can the government data help. well there has to me the money available that actually 200000000000 pounds from the bank of england has to go into the funding system the throughout the united kingdom including to scotland and that has to be used to do 32 things 1st of all it has to be used to deal with a pandemic because this pandemic is not going to be over by the end of next month is goin

the former chancellor, george osborne giving evidence there. want to hear from select committee hearing that we will want to hearfrom later on. i wa nt to ta ke will want to hearfrom later on. i want to take you to hyde park in central london. as we have been reporting, thousands attending a demonstration, one of many demonstrations around the world in protest at the police behaviour and the killing of the black civilian in minneapolis, george floyd, who has been the subject of an unusual statement from the national police chiefs council in the uk per se, we stand all those across the globe who are appalled and horrified by the way that george floyd lost his life, justice and should follow. as i say, a highly unusual statement from them. as you can see, in his live pictures, thousands of people attending the protest which has been organised by the black lives matter campaign group. organisers have asked people to spread their arms out to maintain a two metre distance from each other as crowds were heard to chant, the uk is not innocent. it has

and joy has sent this one in of 95 year old mum doris osborne who lives in a care home — she's also showing, and tracksuit trousers. i'm quite disturbed by that. you know i love my sport, i've learned it really can help when i'm feeling anxious. this is yours. this is yours. this is yours. this is me, little bits of sunshine, beautiful trees and my trusty training partner waffle who is coming up to eight, she has done many miles with me. you see, you have strengthened the bond during lockdown. that's lovely, thank you for all of your pictures. do keep sending them in, loving looking at them. many people throughout the lockdown have been making some real sacrifices — particularly families who have been kept apart. nursing assistant sinead didn't want to put her four—year—old son at risk — so spent 13 weeks living away from him as he stayed with his grandparents. 13 weeks! let's have a little look. this was the moment the family were reunited after so long apart. there is blake knocking on the door and he hasn't seen his mum and dad four weeks. it gets me every time when i see that hug. you c

we can now talk to dolly bugg on the phone, and charmain osborne and angela oakey—jones from the librarynjune, she said we have located the book, it‘s got over 800 pages in it. let me speak to charmaine and angela, a big old book. congratulations on even doing this. how did you find it and how it been recording it? we found it from an internet search and we have been recording it on our phones and things and then transferring it toacd and things and then transferring it to a cd with the help of one of the members of staff's has been. it is a long job, it is going to take us a little while but it is something we really wa nt little while but it is something we really want to do for her. it is beautifully red. thank you, that is just the first book. there are a numberof just the first book. there are a number of different people, husbands as well, who have volunteered to read books so it is a bit of variety. well done to both of you. dolly, has it been worth the wait? is the book good? i have listened to the first four discs i now i have another tape they said yesterday. if my dad recommen

we saw this before, every politician and lots of parties, remember george osborne needs to go everywherehard hat, because they want to show, here is something that is ready to 90, here is something that is ready to go, here is a project ready to go, they want to see and show that the country is moving and that work is getting done and all the rest of it. but it's fitted vicky. it would still bet on me than borisjohnson. vicki, we leave it there, i am in enough trouble already. iam i am expecting the latest casualties figures for england but, i'll tell you what i'll bring you those in a moment. i don't have right now. the government is expected to confirm later this afternoon that so called travel corridors — also known as air bridges — will go ahead. it's the beginning of plans to relax restrictions for uk holiday—makers, this but it's still not known which countries will be involved. our transport correspondent tom burridge is at the eurotunnel entrance in folkestone and says there are preparations to increase services. that train is about to head off to france, there are still only one