thate meantime, we do know contacts have been established and there is evidence of a new friendlinessthe world. saigon reminded the world that entering piece was far away. troops fought in the streets against a rebel outlaw army. civilians caught in the crossfire ran anywhere to escape with their lives and loved ones. the american backed governments was victorious but saigon lace guard under the devastation of civil war. sovereignty for west germany but turned her place of trust in the committee of free nations. the occupation ended, west germany was again mistress of her destiny. flag-waving ceremonies open a new era of german history announced, we are free and independent, standing free among the free. sovereignty for austria concluded within the palace, marked the end of 17 years of occupation. russia's molotov was first to sign the freedom act -- pact. the ceremony is completed, the iron curtain lifted for austria, the rebirth of freedom. ♪ operation alert, a rehearsal for an atomic attack, the biggest nationwide air raid drill ever attempted. washington, 15,000 government workers

the only reason i ran for governor because i was concerned about the small businesses thate were beingin our state and the people that were losing their jobs. created nor jobs, more businesses, best economic turnaround in america and then we're faced with this coronavirus, this worse economic collapse in my lifetime. >> the chinese government has locked down more chinese cities. >> there is no cure or no vaccine as these infections >> r continue to rise panic is italy rising. >> russia announced it'sany th g the border with china. >> in italy and germany the infection rate -- >> now? >> hey, bill. >> yes. >> let me just jump in here. looks like we're having some technical difficulties. i'm not sure what happened there. we weren't going to show the infrastructure video andhe that i wa wrap-up video was goingnt to co later in the program but thank you very much for joining us thise afternoon. i want to thank all of you so o muchvi for being here for this first ever virtual annual summet meeting of the nga. we were all supposed to be together in beautiful portland, maine, for this meeting

thating up right here at 8:00 eastern. i'm judy woodruff. for all of us at the pbs newshour, thank you and see n.u soo >> major funding for the pbs newsho been provided by: >> since our beginning, our business has been people, and that mission gives us purpose, and a way forward. today, and always. >> the kendeda fund. committed to advancing restorative justice and meaningful work through investments in transformative leads and ideas. more at kendedafund.org. >> and by the alfred p. sloan foundation. po >> sed by the john d. and catherine t. macarthur foundation. committed to building a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions >> this program was made possible by the corporation for public broadcasting.ut and by contrns to your pbs station from viewers like you. thank you. captioning sponsored by newshour productions, llc captioneby media access group at wgbh access.wgbh. . to amanpour & company.nd here's what's comin up. >> i accept this nination for presid

spur thate a huge households and corporate have a lot of cash. a lot of excess capacity for spending to be done. that is the real story. a huge increase in deposits and corporate spirit -- corporates. tom keene: thank you so much. he is with abn amro. there is a lot coming up, not only framing up the end of august and into september, but the ideas of the dynamics of the market. futures up 11, equities advanced worldwide. market all the bond jumble. stay with us. this is bloomberg. ♪ >> as a turtle has succeeded. whoever takes over would continue on. continuity isicy key from a market standpoint or a yes standpoint -- a yen standpoint. in monetary policy has yield curve control, bond buying orchestrated by the bank of japan. he still has a couple years left on his term. >> political uncertainty may raise concerns and markets about a revolving door in japan's leadership. we do not see a big shift in the near term and policy. there will be a lack of continuity because there is not much room that the japanese bond can deviate from mainstream reform s

and a spare the air alert in effect due to this unhealthy smoke thate have so yoalso talking about the extreme heat. ss ivexainst e e dahengerous heat again as we head through our afternoon. and that persistent heat continues for today. that excessive heat warning in effect until 9:00 p.m. daytime highs, triple digit heat for concord and fairfield as well as upper 90s in livermore and mid 90s in san jose and mid 70s in san francisco and mid 80s for oakland. we'll get to what you can expect with those fires burning. the napa county fires looking at at least northerly winds at 1 to 5 miles per hour. light conditions. the deer zone area fire, firefighters up against 27 miles per hour. and for the santa cruz mountains, the cz outlining complex, 21miles r hour o 'll lk abt when 'll gelookts some r gelief frusom tthe he ap details on that coming up in a few minutes. >>> and we have new video into the newsroom showing evacuations night in inid kele.around1:00 thn the moisrning vtaeo gates cany several people there were rushing to escape th moving lnu lightning fire. let's -stgo e now franco w

>> you should expect to be in thate lack next three weeks. before you move to orange let's say you are red you would have had to meet the criteria to be in orange for at least two weeks. >> reporter: the changes do in allow indoor salons to open monday that will also vary by county. >> all of this is always subject to if indeed local health authorities want to be more stringent. >> reporter: at this salon outdoor services were back in the thought of moving out of fire induced air-quality would be welcome. >>we were able open san but i better than nothing you know ? being able to take haircuts outside and if we can do are colors and chemical services inside, that's pretty good. >> reporter: meanwhile san francisco lawyer mayor entered actually mentioned more openings outdoors on september 1. >> we are getting used to living units. now, it is time for us to make some levels of transition. >> reporter: not everyone is pleased with the moves. >> landlords are looking for right now. we've been going after this for six months with no sustained reve

terrified thate the prospect of hitler's getting the atomic bomb. they did not anticipate the bomb might be used against japan because japan did not have the scientific capability of building a bond during the war. this is a survey of potential targets. statesr that the united had been -- since march 9 through 10th when we firebombed tokyo. by the end of the war, three quarters of bomb loads were incendiary and could burn down japanese cities. overall, we bombed over 100 japanese cities. after we bombed the major cities, we bomb secondary cities that had no military significance. the discussion reached the city of --, and some leaders were appalled. secretary of war said president trump -- said of president truman, i don't want the u.s. to get the reputation for outdoing history -- outdoing hitler's in atrocities. >> this was about the decision to drop the bomb. i've got a section here about the reasons for using the bomb. the official narrative says the united states dropped the bomb to expedite the end of the war without having to invade. truman s

[applause] thate must never forget the strength of america is not [inaudible] we say tonight there ismit to the goals america can reach, provided we stay true to the great american tradition. a government has a role and an important one, but the role of government is not to take responsibility from people but to put responsibility on them. it is not to dictate to people but to encourage and stimulate the creative productivity of 180 million he americans. -- free americans. that is a way to progress in america. in other words, we have faith in the people, and because our programs are based on that, we shall succeed where our opponents will fail, in building the better america i described. if these goals are to be reached, the next president of the united states must have the wisdom, to choose between the things government should and should not do. he must have the courage to stand against the pressures of the few for the good of the many. he must have the vision to press forward on all fronts for the better life our people want. i have spoken to you with responsibilities of our next pr

to assume thate other retail players may be feeling it even worse, places that do not necessarily benefit from the desire of people to buy at a discount? good point invery that walmart does do well in any economy. the one thing i would say is that even though same-store sales in july decelerated to 4% that is higher than their average around 3%. so, even with the slowdown, they are still running at a higher place. that is what we are looking for it through, the year with walmart, is that they have that cap ability to out peers. to answer your questions there are retailers that may suffer more as the economy, spending slows down, especially on the discretionary side. romaine: what about the shift we saw, jennifer, with regards to buying more stuff online, and pickup in-store? walmart had been invested heavily in that model prior to the pandemic. we know that amazon was a beneficiary. and we started to see a lot of other retailers make that investment in an effort to keep up with amazon and walmart. is there any real competition therefore those two companies with regards to that model? >> t

contracact for 60 yes arounderertainypes o of diouourse th we'e'd arnt from totatalitarian regegimes thateon't ususe. and suddenly, althisis stuffothe to d differe plalace. do notot do, demeanining the or in politite discourse.e. yoyoknow, we could hint at it, e e tabloi plalayewith thahat, you know, ththey kind of w wern ececho of nazi o or soviet prpraganda. but to just t see nazindnd soviet-style progandnda all the time on the e internet evevery? at's prettbloody shoing. repoer: one taic used to destabilize democracies is to flood the internet with contradictory narratives. this is frfreedom of speech, bt used in a way to camouflage the trututh. peter: what they y do is something g t some people call censorship through noise. they f flood the infnformation space with s so much disinformation, inrmation, chaos, andhat steve nnon calls "flood the zone with bull--," that people can't tell what's true or falslse anymore. so, this i is censshipip not through constricting, but throh h opening g up the gatesf informatioion. reporter: it's like a place has been created, where freedom of speech

bob, here we are talking about something that i think very few thate would ever imagine we would be talkingbout. we would've thought if bush had lost the election, he would say well, i'm not going to leave office, or obama, or any other president would be saying that. so i can assure you there is, right now, very serious discussions about what will happen if we have a president loses the election and refuses to leave office. but this is what i will say to the american people. look, this is clearly the most important election, not only in our lifetime, but in the modern history of america. -- youis absolutely heard all kinds of speeches the last couple of days making this point -- we may disagree about policy issues,a lright? -- alright? i have my agenda, a progressive agenda. it is different than joe biden's agenda, different than hillary clinton's agenda, different than john kasich's agenda, different than colin powell's agenda. but what you are seeing throughout this country, people saying you know what? we will fight about our agendas. we'll fight about our ideas, health care and climate

animimalo the closesesslaughter r house d then export the meat i insteadf transpsporting animamals thate still l alive. >> why are they trspororte ale and nonot dead? it's all a about the moneyey because unfortrtunately, it's cheaper r to transportrt them e thanan chilled meaeat,ecause yy need spepecial trucks s whichn cool t the meat, andnd apparey it's m more expensivive, they , thanan to ansporort e live animals. >> the german farmers' sosociatioagrerees tt long-distanctrtranspor f for ththe puose ofof sughterininan animal abroad are superfouous. >> in teterms of animals meant for slaughter, we'e're clearly agait t longisistance transports. but t it's a different situatin for r breeding animals. they s still have to p perfort their deststinatn, so ofof course, they have toto be tread wewell. >>>> animal righghts activiststs belilieve the reasason breedingg animals are export a and trad is thahat bor coststin some countries are chear r than i hers.. sot's morereconomical to fatten anilsls in ity oror spain than in germany or denmar the german farmemers associatin saysys it has to d do

ananimalo the clososesslaughteter house d then export the meatat insteadf tranansporting aninimals thate stilill alive. >> why are they anspspord ive and d not dead? it's allll about the mononey because unfofortunately, it's cheapeper to transpoport them e ththan chilled m mea becauseseu need s special truckcks whichn coolol the meat, a and apparey it's's more expensnsive, they , ththan ttranspsporthe liveve animals. >> the german farmers' asassociatn agagreeshat long-distae e transptsts for the rpose e oflaughtererg an animal abroad are supeluluous. >> in n terms of animals meant for slaughter, w we're clearly agnsnst lo-d-distance transports. bubut it's a different situauan fofor breeding animals. theyey still have toto perfort their dedestinion, so o of course, they have e to be tread well. >> animal rirights activisists bebelieve the rereason breedinig animals are exported and tradd is t that bor cocostin somee countries are cheaper than i hersrs. sot's momoreconomicacato fatten animals in ity y or spain than in germany denmk. the german fararmers associatin sasays it has toto do wit

reporter: he is a republican challenger for a democratic senate seat in newe ampshire, thate president lost by asker in 2016, and where his endorsement still carries >> i am proud and honored to havede received pre trump's endorsement, and it is a good thing. i don't view it as a liability at all. i view it as a very, very good thing. and i would tell you that the polls are srting to turn some now. 90 days in politics is an eternity. reporter: joe biden enjoys an overall lead in new hampshire, but prident trump's support among republicans remains above 80% even as some question his response to the pandemic. >> and been inconsistent sometimes. it has been overdone in some ways. month manages in two goin into the general election cycle in earnest after labor day and beyond, is going to really make a big difference for voters. reporter: do you know how you are going to vote? >> yes, i'm going to vote for the prident. reporter: new hampshire and s -- haso far escaped the worst of the pandemic. that is why many support the focus on the econo. despite record unemployment, staffro shortages a

s thate problem. he will not be willing to go for a dialogue. however, the society is resilient.nd it is eager to oust him, it seems. the fact that there were no international observers from the usc, the fact that many foreign journalists were not given accreditation to cover the events means that everything is happening alst bs.ind closed do also because of the internet closure. basically, it is a society fighting against its authoritarian president. philip: if i can just ask you briefly, we have heard from our bbc monitoring journalist. reports of police taking off their uniforms, discarding them, burning them. does that give you hope the forces o law and order are deciding that this is not acceptable? >> definitely. oit is possibly ty hope, that those who are tasked with fulfillingnlawful orders, abusive violence, will just refuse to execute these orders. however, the belarusian regime is extremely autocratic. and the army and the law enforcementre buddies and kgb extremely powerful. it would beer a difficult struggle for anyone trying to go against this rule. philippa: u.n. s

thate german leaders knew aggression abroad without discipline at home, therefore, the time had comeor the republic to be eliminated. they needed a tool with which to appeal to the germans passion for superiority and conquest. annex corporal of the german army with a fanatic gleam in his eye and power to arouse a mob. preaching the same doctrine of his predecessors, the old doctrine that had never failed to arouse the german people be ready -- people. jobless, uneducated, cowardly, gathered, hitler misfits with like himself, obsessed with grievances, people who were not as prominent as they thought they should be, people with inferiority complexes who wanted to shout with the crowd, people who wanted power but were too lazy to work for its, anxious to be dope ab addicts, -- ddicts, perverts, those germans who are liberally minded regarded hitler as a joke or nuisance. >> what the country needs is more golden rule and less rule of gold. did my tennis like rent control? why don't you ask them? >> my name is catherine. husband works in the post office. i guess he is what you would call

including living in high density substandard housing with intergenerational living conditions, the fact thatethey uninsured and have limited access to healthcare, a lot of them have pre-existing medical conditions like diabetes d high bloessure and they live in an area with the highest poution ra in the country and they do not have access to paid time off on a problem with language access for aclanguage in g and they have all been declared essential workers and been given no direct support at the federal level to remain home when they do become infected. >> what would you say needs to be done in liorder to t the spread of the virus among farmworkers? >> we have to treat them like essential workers like front- line workers like medical workers, we need to provide thth relief when can't go to work and that means housing relief, mecal relief and ensure that they can afford to remain at home when they get infected and that ey have a also need to ensure that they have access to testing and tracing, where they are working and on the fields where they are picking the crops and packing food in the pr

night, among, last all the speeches there were two that's in my mind stood out for in thating old-schoolhey sounded presidential. i am thinking of former ambassador nikki haley and senator tim scott of south carolina. they sounded presidential, but will that play with the audience the president is trying to reach? dan: it might, jonathan. i thought those speeches were markedly different in tone, not necessarily in substance. both had some harsh things to say about biden. nonetheless in the totality of the way the speeches were put together and the delivery, i think they were different from the others. i think the challenge for president trump is that there is so much known about him and the judgments about him have been made for such a long time that i don't know a surrogate or validator can do much to change that. we will see. i suspect we will hear some more speeches like that through the course of the week. they did stand out from being different in the way they sounded. anne, let me end on a different subject. there is a new book coming out by stephanie winston walkoff and a couple o

when we sit down with her, thate ctant sense of duty still shows. becameike a symbolw, of freedom. i uerstand that i'm not the leader. i'm more frightened than anybody se among them. i'm frigened i will n be able to do enough. i t know. just - it's your responsibility. reporter: this was the momt she disappeared, the day after the eion, when longtime president lukashenko declared himself the victor. when she emerged in lithuania she hinted at a terrible choice sh md have toe to keep her children safe. >> can you tell me anything about what happened in those election offices and what choice you were given? >> i'm sorry but i can't. lat now. reporter: berusians have taken to the streets like never before to show they voted for tikhanovskaya and tre ready for change. enough is enough, was hfo messag the regime today. enough lying, intimidation and violence. the past weeks have seen aprotests detainednd badly beaten. >> how do you feel when you see the reportsnc of vio that have come out of the country in the last week? >> you know, i was really shocked

the big headline tomorrow is numbers will begin to drop about three to six degrees with thate approachinge south bay. 78 here in san jose. for the east bay, split picture. 85 in concord. over to oakland we are atlp a colder 68 degrees. peninsula, 72 in redwood city, so that's going to be a nice da( for you. san francisco, 50s and 60o wil be back yet again here from the marina right onw3 over towards e mission. we're looking at 60s in the embarcadero also in the 60s. the north bay, we have 78 in sonoma, 81 in napa. so look at theseÑiÑi larger cha here. once that system arrives on wednesday, we're down to 60 for the average in san franci4ñt with that chance of somee1 spot drizzle. but the change will be much more noticeable for the inland valleys. i'm dropping it all the way dowó to the low and mid 70s on wednesday. 76 for that average. wind gusts, 15 to 30q and also that possibility of some drizzle on wednesdayÑi as well. so quite a bit coming our w3way' i will say wednesday's going to be the day to get outside and enjoy it because once we hit this weekend, we're backq up ino the 90s. so

the point of it is to make as escape thate is no even with the more recent passing of congress when johnt thend the work he did march for life in atlanta, he talked about how he worked against the nra. on top of that we see now the , thenity he fought for communities impacted by gun violence are the ones impacted by covid. they face the most obstacles as marginalized communities. it's a conversation around the injustice of gun violence as well. >> >> on the topic of congressman john lewis, who fought his entire life for the voting rights act, some might say you might miss out on an opportunity by not explicitly calling for young voters to vote. why didn't you? was the entire way of bringing young people to the polls, we want to make sure they are met the way they need to be met. we have heard they want to hear their issues voiced in a clear way, and not downplay the power of first amendment and protest, and direct actions in making your voices heard publicly. we are going to be pivoting to the voting message and reminding people you can choose the people who are ideally just into positio

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did at march for our lives in atlanta, he talked against the worked nra and on top of that, i think thateow the communities are most impacted by gun violence are also the ones most impacted by covid. they face the most obstacles as a whole that have been built against them as marginalized communities. this isn't just around laws, this is a conversation around injustice that drives violence. -- on: on the talk pick the topic of john lewis, he fought his entire life or the right to vote. some might say you might have missed out on an opportunity for not calling for young voters to vote. why didn't you? entire way ofs an bringing young people to the table. we want them to be met where they need to be met. we heard from young voters they want to hear their issues voiced in a clear way and not downplay the power of first amendment and protest and direct action and making your voice heard publicly. we will be pivoting to the voting message and reminding people that you can choose the inple who are ideally positions of power that you can hold accountable. we are not looking for someone who will

thates, we do think second-quarter earnings results action andive of fed will continue to see the fed buying those. caroline: it has been great hearing your viewpoints and what you are still seeing from pricing. angela mwanza, private wealth advisor at ubs. more coverage coming up on bloomberg markets: the close. we have been looking at hurricane laura. this is bloomberg. ♪ caroline: welcome back to "bloomberg markets: the close." as we paint a picture of record highs on the s&p 500, record highs on the nasdaq. salesforce second-quarter revenue, it was a beat in terms of expectations. a9 billion, they see third-quarter quarter revenue of 5.24 to 5.25. that -- it wasny high expectations that they did not disappoint. romaine: this is the software company that makes a lot of that design software. net revenue under 13 million. their guidance coming in a little bit light, adjusted eps, a range of $.91 to $.97. the revenue target going forward, 930 to 945 million. you see little bit of weakness in the shares after hours. taylor: shares of nordstrom, recapping where we are in this tough land

there is a very big feeling among a lot of people certainly thate nba and elsewhere there has been atention on racial justice issues since george floyd was killed earlier this year in minneapolis by police and they don't feel like they have had the results they wanted to see. now they feel like they need to do more. it is unknown how the nba will proceed from here. legal officials are going to meet later today, this morning, usa time. major league baseball has signaled it is going to come back. they have rescheduled some of the games of the or postponed. postponed.e presse but it is clear that this is an escalation from where we were earlier this year. yousef: derek you have been keeping a close eye on the protests. what is the latest? derek: protests again last night in kenosha, wisconsin, which is a city on the shores of lake michigan, a little bit south of milwaukee. aere were also protests in bunch of other cities, one i would draw your attention to is where floyd died in minneapolis. the national guard was called up again to deal with unrest there. there was an incident where th

stand by] >> what would you lay out them thate biggest threat famously barack obama communicated to donaldrump in 2017, north korea. the most immediate threat. picture yourselves in that position the day after the inauguration 2021, what would you say to the reelected president or the new president is the biggest or to the country and what would you recommend? how would you layout the world to them in that conversation? tom, if i could start with you because you happen to be next to me in the window. >> thank you. nice to be with you. you have got to get the book a little more centered in the picture so people can see it. there we go. [laughter] i have a couple of responses to that question. today, aitting here hope removed through the challenge we have -- i hope we move through the challenge we have in front of us which is christian to our democracy, to have a competent and vibrant election with an agreed-upon outcome and strong support for the next president, whoever that is. that is our challenge. our leadership in the world really in many ways is dependent on both our being and being s

thatee what happened at camp in georgia. they've got now nine cases. almost 100,000as kids who got the disease in the last two weeks of july. we know there's over 500 kids who got the really severe multisystem's disease that we've been reporting on. we've had about 86 kids who died in dismay. -- since may. while kids don't get sick and the risk is lower for them, the school systems are having a really tough time and our elected leaders of both parties trying to figure out the trade-offs that are involved in this. this is tough stuff. is wear yournce mask, wash your hands, keep your distance. and i was fascinated by the fact in georgia they closed the school after they had these cases. the new story is all about them cleaning the school. what they really need to be talking about is wearing a mask and physically distance. that's how you get the disease from other people. you can get it from objects and surfaces, but right now that's not where the focus is. it's got to be on protecting me from you and you from me and the mask does that. host: out to the e

thate biden emphasized theme of light versus darkness. it was arguably the biggest moment of his political career, which has expand nearly five decades. starkd it to promise a contrast to president trump read even though he is a democratic nominee, he wants to be an american president. painting the picture of a country at an inflection ointment retaking direct aim at , saying he has failed the american people. leiden focused on the pandemic in particular, going after trump for what he called a failure of leadership. he laid out what he would do day one in office. he said it would include a national plan and mandate as well as rapid testing. i would say there were some speeches -- questions about his ability to deliver. he is not known as a great orate or. he was able to give a relatively stirring and emotional speech in the last night of the democratic convention read >> a lot of people, especially in d.c., are saying he really passed the bar in terms of the trump campaign made it sound like there would be issues with his speech. we also

that is really what we are going thated to be wanting, composition of job growth, where you are seeinghe strongest increases or alternatively, where you are seeing job growth stall in certain industries. lisa: in the meantime, we are seeing gridlock in washington, d.c.. they are not getting together for any kind of deal for fiscal support. are we looking at a policy error here? sarah: we are certainly at risk of a big policy error could impact our outlook pretty negatively. of course we had trump's executive action but that is a temporary band-aid and is not really move the needle much to compare it to what congress can do. we think there is still a good chance to get some sort of deal, but right now there is not that crisis moment that congress is trying to stave off, and they are getting some conflicting signals in terms of how desperately the economy needs some more stimulus and if you look at where markets are and even the fact that you are seeing the job market continue to improve, so while we are still 13 million jobs short of where we were in february, we did see almost 2 millio

randomized controlled study where he's endorsed other studies that also were the more observations thate of course, was fraud. in all these other studies, he named them, they have to have to be inbs controlled studies and there aren't that many randomized. so it's disturbing. and there are controlled studies, even the first neurological study was controlled and ran to my so good controls and actually less then the drug receiving patients. the drug receiving patients with the virus quicker. the placebo studies in india, again not randomized, but the more controls, decided not to take hydroxychloroquine. these studies are controlled and on top of it, if i remember correctly, dr. fauci was my mentor and i appreciate what he did for me. they published their big findings back in the early '70s in an uncontrolled study with -- which works and i credit that with them. so you got to look at at the same way. >> laura: so it turns out, let me jump in here, it turnss out dr. askoui, dr. fauci doesn't believe that these randomized controlled studies are always necessary, but for some reason, they ar

will be election day voting in all these estates that don't have total mail vote, they will have a thatedthese states don't have total mail vote, they will have limited poll workers and that will cause minds. it will be a very litigious -- because lines. it will be a very litigious election. david: is our cake baked? rick: three states had legislative action going on to go to mail-in voting to allow the state to mail all the tolots out and allow folks vote by mail. i think you will see continuing improvements or changes in the mailing of ballots to voters and that will go on for another 30 days. after that in many states, those ballots will already head households in early september and of voting will begin -- hit households in early september and voting will begin. davis, our bloomberg contributor will join us in the second hour of a balance of power to talk about the candidates for joe biden. toe on microsoft's hoping buy tictoc's u.s. operations. our stock of the hour. that is coming up next on powererg -- on balance of on bloomberg television and radio. ♪ ♪ david: this is balance of p

thate new policy is "appropriate monetary policy will likely aim to achieve inflation moderately aboveime." how do you define moderately above and how do you define some time? mr. kaplan: we've left it deliberately undefined. for me, price stability is still our dual mandate. indicator oft that. if we, what it means is are getting in a situation that i hope we do in the next fee years where we are running close to unemployment, -- to full employment, i'm willing to take more risk and my monetary policy judgments and inflation could run above 2%. for me, a little bit means a little bit. to .25%,id publicly maybe a little more than that. , maybe ahink -- 2.25% little more than that. >> trading on inflation -- inflation for on a plummet did not end well. mr. kaplan: that is a danger. it's not that i'm going to lose a concern that we could have a spike in inflation and i'm not , and to lose a concern this framework articulates a concern about financial stability. i think those concerns have not gone away. it just says on the margin, this is my interpretation and the way i will be operating

thate are quite confident we will keep improving this over time.cine: what needs to happen for the insurance industry to be able to provide protection to businesses from a pandemic risk, like covid-19, in the future? mr. greco: i think, honestly, the risks of a pandemic, they go beyond any private sector. what we can do is to protect some customers in a limited sense, as we did, but the pandemic as we are seeing now has such profound consequences. that has to be covered by the governments, by the public, and by the private. and so, we need to have a concerted agreement of private and public to take on the losses for the private customers and reimburse them. but it cannot be left to an insurance, private solution. insurance companies will not be able to do that. francine: what are the lessons from covid-19 that you can take away from it and also maybe use it for climate change? lessons arehe main in behavior of customers and in the change in the society. us toese lessons drive think that the world will be much more based on technology and digital in

. -- thate could lead to is your bloomberg business flash. francine? tom?t to point out the disinflation on the data screen and go to the 10 year tips in america, breaking under 1%, negative one percent, i should say, a few days ago. now it is a -1.04. that is an extraordinary negative real yield in america. all of this heading for the jobs report friday. francine? and negotiations on the stimulus has become increasingly urgent with millions of americans left without additional aid. coming up, we speak with scott thiel, blackrock chief fixed income strategist. this is bloomberg. ♪ hike! simon pagenaud takes the lead at the indy 500! coming to the green flag, racing at daytona. they're off... in the kentucky derby. rory mcllroy is a two time champion at east lake. he scores! stanley cup champions! touchdown! only mahomes. the big events are back and xfinity is your home for the return of live sports. you say the customer's maklet's talk data.s. only xfinity mobile lets you switch up your wireless data whenever. i accept. 5g, everybody is talking about it. ho

thate going to extrapolate to the rest. how long that takes, i can't tell you. peace, but it is not off the table. peace every single chance. want palestinians to take away from this deal? pres. trump: that they are supported largely by some of the countries we are talking to and that have already signed. others will be following. palestinians, i think they very much want to be part of what we are doing. peacesee alternately between israel and the palestinians. big,nk as these very powerful, wealthy countries come in, i think the palestinians will follow. please. >> do you believe a deal could be reached without agreement to temporarily suspend annexation? pres. trump: could you make it louder? >> do you believe a deal could have been reached without the agreement to suspend annexation? pres. trump: what do you think about that? think, prioritize peace, think they -- i don't two could have been done at the same time israel -- >> should israel consider -- >> this is a temporary process. >> before you said that you didn't have to fund the u.s. postal service becau

. >> we are inviting beijing to interfere again because we are thate to solve the problem the governmentreated. reporter: foreign governments worn that postponing the election further threatens hong kong's autonomy. china's leaders reported their warning. >> what i want to tell you is that the election of the legislative council is a local election in china and is purely china's internal affair. reporter: a consistent message, particularly after china's government imposed a national security law in hong kong. subversion, terrorism, and pollution are punishable with up to life in prison. critics say the law is draconian, vague, and open to interpretation. on thursday, 12 democratic candidates were disqualified. one of hong kong's activists was among those deemed ineligible for not supporting the law's implementation. >> that is the reason. us, barthey try to kill us from office, silence our voice, we wish to try our best. reporter: the pro-democracy camp says the latest moves by hong kong's government were motivated by concerns that democrats would gain a majority in the legislative counc

so what i think that we said last week is that we have -- of the 175 position positions thate currently vacant, i don't have the numbers -- >> chair fewer: i have it from last week. so what you said is that you have 130 vacancies and that yo you -- you have 175 vacancies and holding 140 vacancies and that you're hiring 35 people. >> we have 35 people -- 35 positions that are in an active spot. some are commission critical, minimum staffing positions. but our department -- and this is how we balance -- you know, i have over 2,000 people that work for us between temporary and full-time public service employees. we are essentially in a very strict hiring freeze. some of the ones that we are filling are either absolutely critical and essential positions, or they're already -- we've already made offers and they're far enough long in the hiring process. but that's a small percentage of the overall number of openings that we are carrying. and so the net of that, between that and the reduction to our temp salary line, there are fewer hours of work for the rec and park department this year, no q

that -- thate few said, lukashenko has also turned against russia at times.erous, and very fierce about independence from russia, and has accused russia of meddling. earlier this year he was turning against russia in the run-up to the election before he -- he has told russia that if russia doesn't support him right now, then european forces could charge through and end up attacking russia. images of theseen president of belarus, dressed all in black, in a bullet-proof vest, surrounded by special forces, trying to portray himself in a very strong position here. how high do we think the bar is for russia to come in and support him in this act? do you think the bar is pretty high, actually, for russia to get physically involved on the ground? far, while russia has definitely come out with rhetoric supporting lukashenko, and demanding that there be no external meddling in the country's affairs, there has been no sign of the russians actually sending in physical support. that would be a major step. we have seen how that played out in ukraine, and that has led to ,

what's even more sewurreal thate are so numbed to it that it is becoming normalized. we won't be talking about this on monday. i want to say right out of the gate of course we are in crazy town, everybody knows it. i can hardly think of people, probably less than two hands, i can name the advisors close to the president that are true bleach believers in him that they don't see it. everybody else sees it and people that left the cabinet sees it. everyone sees it. this is why i am out here saying this. i don't have a whole lotto gain. i have a lot to lose from this. genuinely there is a weight off my shoulders and getting to say that the people around the president thinks he is unfit for the job. there he was last night on federal property realtime crime and progress and we are going to shrug it off by next week. america got to wake up. we got to realize we need to shake it off and we can only do that with new leadership. >> it is interesting and this is in the grand scale of things. even when it was announced he's considering using the white house for the speech he's g

thate of the expectations from early now is a strong high level fact-finding mission that will get sent. this is a mixed of military intelligence, political, economic and military and experts to establish the situation in mozambique. >> the president visited the area affected by the violence and promised to do more to assist people. there is speculation other countries could send in troops to assist mozambique's army. it has happened before in thehe democratic republic of,. -- congo. aople affiliated with isil responsible for the violence. the area is rich in natural gas and some projects are worth more than 60 billion dollars. there is a concern the fighting could spill over into other countries in the region. there is fighting in the s ahel region and the horn of africa. miriam: chemicals that exploded in lebanon's capital -- and explosives company in hyderabad has taken control of the ammonium nitrate, but people who live near its new location worry about the risks of storing this chemical compound. making its way through a village on the outskirts of the southern city of hyderabad,

need thated is we beautiful ingredient that you that got better seem to have in your veins.to go to coronavirus.gov and donate plasma today. we really appreciate it if you do it because we are low. we could help a lot more people. it would be a terrific thing. everybody would be very appreciative. it makes people better. you have something very special. it.ant to be able to use whatever you can do. as a result of improvements we have made and treatments for americans over the age of 18, the mortality rate has declined 85% from its april peak. 85% decline. on vaccines last week, we announced a partnership with santa fe and gsx to purchase and doses of00 million their coronavirus vaccine. 100 million doses. this is the six vaccine candidates we are proactively supporting. we are supporting numerous companies that are doing very well. have a wonderful results and they are in final stages of testing. they are now two vaccines in that final stage of clinical trials in america with a third vaccine likely to begin phase 3 almost immediately. we have additional clinical trials sched

and what does that say to the ty thate retrospectivi is not supposedly allowed under the national securityaw? but is not necessarily in the letter of the law support to build -- it is not necessary in the letter of the law that they are supposed to build cases based on your actions of the past. here: to be honest, people , a lot of them are intimidated. democratic people have left or are leaving. are stepping from the movement. i think they have a very effective. we saw from the national security law. peopledoesn't mean that who stare, like myself, will not continue to resist. come out like myself, will not continue to resist. but we still have to be cautious. i don't think the resistance movement will just die out. from the emotion of the city since my arrest, i can see that people are very angry. people are very persistent in their will to keep our rule of law and freedom. even myself, to answer your i will have to be more cautious. i have to do what i have been doing but with a more cautious attitude, because this is going to be a long fight. guy: jimmy lai talking to arrest.g after his

event thate big began the suffrage movement did happen in new york. that was the women's convention in seneca falls led by susan b anthony among other leaders. interestingly enough, right after that, she began, susan b anthony began a whirlwind trip to territorial areas of the united states and states to advocate for women's rights and to vote. one of the early leaders in the 20th-century and washington in 1848 as an eight-year-old barnstorming through illinois. that is emma smith devote to ends up becoming a leader of the washington state suffrage movement and lived and worked here in tacoma near our history museum. she saw susan b anthony in central illinois when she was eight years old and susan b anthony asked who in the audience believes women should have the right to vote. as an eight-year-old, she stood up and that was a memorable experience that definitely has a connection to our state from 1848 right through to 1910. write about the same time as the women's convention in seneca falls, women and men, families were traveling west. these were he

wr >> reporter: in july diesel announced thate on their certai. they claim to disable 99% of viral activity in two hours. coming up, we'll tell you what experts think of this technology. will reeve, abc news, new york. >>> and we're coming back with another full 90 minutes of news including how the wildfires we're tracking here got their names. >> and we're staying on top of breaking news, evacuations ordered as several homes burn to the ground in the inflammation in your eye might be to blame.ck, looks like a great day for achy, burning eyes over-the-counter eye drops typically work by lubricating your eyes and may provide temporary relief. ha! these drops probably won't touch me. xiidra works differently, targeting inflammation that can cause dry eye disease. what is that? xiidra, noooo! it can provide lasting relief. xiidra is the only fda approved treatment specifically for the signs and symptoms of dry eye disease. one drop in each eye, twice a day. don't use if you're allergic to xiidra. common side effects include eye irritation, discomfort

is thate question is the path we are on?very company would say it would be great to have a more level and even playing field then china. sectors,reas, and some we have seen significant improvement, especially financial services. part of that is the result of the phase one deal. what is happening right now with the we chat, especially, i think most companies would say this does not feel like a path towards a more level playing field. this feels like a movement that could severely hobble u.s. companies business in china in the immediate term, depending on how it is interpreted and applied. if it is applied in the china markets, u.s. companies operating there, it could be really debilitating for u.s. companies. that does not lead to a more even playing field. it leads u.s. companies being squeezed out of the market. kevin: let's cut to the chase. what message does this send to potential new app developers in beijing who have the backing of the communist party to develop these types of apps that this is not something -- there is

trump: that was in retaliation for ththe fact thate brought a lawsuit against my grandfather'r's estatecause the terms of his will were so egregious it didid not seem cocompletely faiair, and after e months of negotiating with myy uncle robert, it was clear they were not going to change anything. shortly after we filed the lawsuit, they revoked our health insurance and williams health insurance, and we had to bring another lawsuit to get it reinstated, which we never did. end, i wantefore we to ask about president trump's attitudes to the lgbtq community. you write about sitting with your grandmother, marianne mcleod trump, the funeral mario service for princess diana. what did she refer to elton john as? dr. trump: she called him the f-word, the slur for a gay man. amy: you were planning at thatat time to come out to your family, at least your grandmother. he made a big decision then not to do that, and as we wrap up i was wondering if you could talk about whether you feel that attitude, that anti-lgbtq sentiment was transferrrred to president trump, and d what you are most concerned a