the u.k.conomy grew 4.8%, still lagging international peers, and probably slowed in july due to the delta variant. jetblue lands at heathrow airport. we will hear from the airport's coo about whether or not jetblue will be able to make it a permanent home. and poland forces through a media law that could disrupt the largest tv network. a little bit of weakness stateside. still just positive in europe. the stoxx 600 up by 0.1%. the dollar is on the front foot. the cable rate slipping, 1.3834. kailey: the nasdaq 100 also session lows, now up about 0.2%. while we did see yields as much as -- -- because opec is pumping more in demand -- more and manned is waning. it is down just more than 0.6 percent, just below $69 a barrel. guy: i wish the markets would wake up and pay attention. kailey is clearly a little bit frustrated. [laughter] the lack of tele-duty -- of volatility surrounding a lot this substantial news. the u.k. maintaining its economic recovery in june. growth accelerated a little more

the u.k.ointing to a sharp economic slowdown. supply-side constraints starting to bite. numbers out of the eurozone holding up reasonably well. any moment, we will get the inside track with chris williamson. the u.k. buying more shots of the pfizer/biontech dab as the vaccine gets full fda approval in the united states. there's an fda briefing about to start. we will bring you the headlines out of that. markets stateside, the stoxx 600 is up by around 0.6%. the luxury names which got battered last week by china starting to bounce back a little bit. you've also got the commodity stocks doing well. miners trading higher. brent up around 5.5% which is quite the bounce back, and as a result of which, energy stocks doing reasonably well on the back of that. alix: exactly. the top five forming stocks on the s&p are all names like occidental, apache, etc.. it is really the safety trade that is being put on pause or get most everything is up when it comes to the equity market, with the exception of ut

the u.k. daily data out now. the u.k.eporting 174 more covid related deaths on august 24. 30,838 more covid 19 cases reported on the same day. we will get into this data in a little bit more detail with rasmus beck hansen, joining us from air affinity -- from airfinity. this is bloomberg. ♪ ritika: let's check in on the bloomberg first word news. cia director william burns reportedly held a secret meeting with the leader of the taliban. the two met yesterday in kabul. there's no comment from the cia. "the post" says the discussion likely involved the impending deadline for u.s. troops to leave afghanistan. pret a manger transaction volume in the heathrow airport was close to 3/4 of pre-covid levels. families flew for one last holiday before the summer term begins. the covid resurgence has hit airlines. they blended out a variant for a slowdown in demand. chinese airlines are offering the fewest seats in six months. the bright spot in the industry, europe, the only place where so-called vaccine passports are used. european

as u.k. infections continue a downward trend, the latest numbers around the 20,000 mark, we will get the take of eurasia's scott rosenstein about what is happening here and whether or not this is something we didn't expect, and why is it happening. scott joining us next. this is bloomberg. ♪ >> delta variant is on the rise. infections are increasing come about seem time, vaccinations are increasing, so i remain very prudent when it comes to predicting economic activity going forward because we have to see how the delta variant is impacting us while at the same time vaccination is increasing. guy: it is really difficult to try and see what is exactly is happening here. that was the axa ceo talking to us about the company's outlook. the latest numbers out of u.k., nearly 22,000 more covid cases on august 2. but that number has come down really quite sharply. everyone is scratching their heads in the u.k., trying to understand why. there's all kinds of theories. scott rosenstein, eurasia group s

if the ipl happens in the u.k., that would clearly be the u.k. governance preference. big question. guy: what is the u.k. governments concern? alex: generally it would cease to become a u.k. company. the hardest looking in silicon valley. many of its operations are already there. the ip continues to be developed here. that makes it harder to sell to china. more than 25% of the ip is developed within the united states at the moment, that cannot happen. keeping it inside the u.k. is better for the company. alix: what does arms do for it? alex: it has traditionally been in graphics chips. not only the gaming industry but also cryptocurrencies. the arm is getting into that space. give nvidia a broader range. a profitable part of the chip business. it has made a great success using it's very high multiples in order to stop deals which would expand its offering. guy: let's talk about tencent, i am really confused. what is your read? we get one that says tencent is a huge gain and then that statement that they put out with the reduced and diluted message. could you clarify wh

u.k. economy are under-invested in for 30 to 40 years. we can step up in all areas. other that is housing on one side, infrastructure on another side, regenerating our cities, the whole area of climate implementation, there is not enough doing. as our results demonstrated, we are back on track to delivering the high-performance we have had. anna: we talked to in the past often about investing in growth and higher productivity and the like rather than investing in government bonds. i wonder what you make of the seemingly almost endless, relentless bond rally we are seeing globally. u.s. treasury yields, the japanese 10 year back below 0%. the bund. that is back down at -0.84%. i suppose you think this justifies where you have been prioritizing investments for a while. >> we are only at 22% compared to half a percent on government securities. watch liquidity. we are investing in real assets. the deal yesterday was putting half a billion each effectively into a joint venture across the u.k..

i think the u.k. at this evidence and shift towards what canada and the eu are doing with lowering the age for which kids get the vaccine. i think that is the right move forward. i hope we can simultaneously boost supply and scale up manufacturing. guy: given all of that in the u.k. data we have seen today, you talk about us moving into an endemic environment where the disease becomes endemic. what i took away from the transmission story i read this morning was that social distancing will become much more normal. is that something that will be something we have to deal with, or in the long-term will it become part and parcel with life? oksana: when we look at the pacific and asian countries that have been hit hard by sars earlier, if we go back to 2003, we see many of those cultures during flu season it is basic hygiene. they have normalized that during certain seasons. it is riskier and there's more transmission. we could be looking at something like that. i think we will not be talking about urban d

the u.k.ion has been higher than the u.s. in recent years. there's a lot of complexities around the u.k. economy. chris: i think most people expect inflation at about 2.5%. maybe they're expecting it to push up to 3.5%. central banks, there's that debate about when is it transitory and when does it become more permanent? we heard comments talking about, you know, people are very much underestimating a permanence of inflation. i think if you look at those remarks today, you probably think the bank of england wouldn't want to go too hard about it right now. because we've got furlough schemes ending in september. the bank of england will want to see how the economy settles after those furlough schemes end. or worry markets unnecessarily -- they don't want to warn or worry markets unnecessarily. they're likely to focus on the transitory nature of inflation and probably that three year forecast showing inflation under control somewhere under 1.9% or 2%. mark: after five long years, do you think we

luke: i thing my favorite place in europe is the u.k.. i would be buying may be small cap u.k..re are possibilities here for recovery. europe, i do agree. the head of european equities is very much pain on small and mid-cap situations around europe. he is seeing a lot of growth there. francine: you love the u.k. more than the rest of europe, despite significant pounds of volatility. luke: the labor shortages a difficult one. you go and the supermarket, there are many empty shelves and it is going to push up. it will push up inflation. people need to realize here in the u.k., we have people in jobs too cheaply for too long. there is a cost for that. for now, there is a chance -- i think we are getting growth coming through. we are well on top of covid. even with the big numbers in scotland today, i think that the growth is coming through in the right places. small and mid-cap in the u.k. in particular. alix: thanks. really appreciate it. you cannot get milkshakes at mcdonald's. a different story in u.k.. luke hickmore, thank you very much. this is bloomberg. ♪ francine: a look at

the u.k. economy, we are getting some gdp figures, pretty impressive for the second quarter compared to the previous quarter, growing up 4.8%. 1% increase. the estimate was zero .8% so it is stronger than expected. i urge everyone to go back and read what dan henson, who covers the u.k. for bloomberg economics, wrote a couple of days ago, saying even if we have this impressive gain in the second quarter, monthly figures are showing the speed of recovery is slowing as the economy moved into the second half of this year. it will put it on course possibly to under shoot the bank of england's latest forecast. you can see pounds moving at the margin. sterling is one of the most interesting currencies that you can look at right now probably. mark: i think the point is right. growth recovery has peaked out. the fact is that consensus forecasts are 6.8% year on year and that is one of the best ahead of many emerging markets as well that are struggling a little bit more with the vaccination system and

manus: where are we in the u.k.? i watch a large amount of u.k. and global tv over the weekend.ropping numbers in terms of the u.k., and difficult to explain. does this go back to vaccine rollout moving towards herd immunity? because the infection level is rolling over. but so too are, i suppose, hospital admissions and deaths. have you done any great reading on this? sam: yeah, i mean manus, it goes back to my comment about what dr. fauci said. we keep doing modeling and analyzing things and thinking we've got a grip on stuff, and then the virus surprises us, sometimes to the positive. this surprising rapid drop in the number of cases in the u.k., everyone's scratching their head trying to find an excellent nation. and let's hope it's as simple as -- explanation. and let's hope it's as simple as vaccination and the natural immunity people have evolved. but i think we have to give some credit to the people, too, because what i'm hearing, and i don't know if people are actually observing mask wearing and continuing to be wary of situations which provide the virus opportunity to p

so, the advantage in the u.k. is saying, there's no new internal combustion engine car sold thereafter 2030, is factually, it's credible and it's spurring investment in the u.k. and plants and other things, now, one the big decisions, i think, for the biden administration is what is the equivalent of that? you know, it's not going to be 2030, but 2035, 2040 or is it not that explicit? is it a fuel standard that defacto means, it seems like gm and now ford have gotten the message anyway, but you're doing things farther out that then again spur investment today if it's credible and predictable. again, i sound like a central banker and something i worked on with janet yellen a paper before she found something better to do. and you know, you're going to have to rely on and this is going to sound risky, but it is risky, that actually there is some tangible payoff to these measures. and you know, i think the last point, if i may, david, i think it would be interesting. let's assume a-- just for the purposes of this disc

this headline impacts why u.k.has been impacted to the extent it has. >> car production has been impacted because of the shortage of semiconductors and shortage of staff. staff have to to self-isolate when coming into contact with people suspected of being infected. that u.k. only allows vaccinated people to not have to isolate from earlier this month. reduction across the industry has been impacted. the semi conductor shortage is affecting all the manufacturers across the world. tom: what is the industry saying about this? >> the industry is asking for alleviation from the government in terms of measures, furloughs, extensions, as well as energy tax levy exemptions so they can get production up and running again. land rover said they will produce 50% fewer cars this quarter because of the semiconductor shortage. anna: in the u.k. we have the added complexity of labor shortages around the brexit narrative. that is less relevant to the car making industry, but in terms of the car market this is not something that is

the u.k. around the world. fears for kabul as the taliban now controls the third of capitals and afghanistan after capturing kandahar. >> we're waiting to see how things will unfold with a mixture of fear and resignation. >> fears mount of a humanitarian crisis as families flee. in the u.k., a father and his three-year-old daughter are among e victims named in the countries mass -- worst mass shooting since 2010. much of southern europe continues to bake. bone dry after one of the hottest summers ever recorded. in antarctica, -- ♪ >> hello and welcome. the u.n. has urged afghanistan's neighbors to keep their borders open potentially allowing tens of thousands of people fleeing fighting against the taliban to reach safety. agencies are warning of a humanitarian catastrophe as the militants continue their advance across the country. the taliban have made rapid gains since july. red shows where they had control. since then, more districts have fallen under their control leaving the map looking li

coronavirus infection rates fall across most of the u.k. number of adults who had their first vaccination reaches 89%. an unprecedented crisis, wildfires devaating the whole of his country. britain's most decorated olympian and history, winning their fifth gold medal. a photo finish in a relay as italy denies tm gb the gold by less than one second. thousands sign a petition to save an alpaca preparing to be put down after testing positive twice for a disease. hello, welcome. if you're in the u.k. or arou the world. wherever you are watching, you are welcome to bbc news. the taliban has captured a capital in afghanistan for the first time in five years. zaranj province, close to the border with iran fell due to a lack of government reinforcements. nato forces complete the withdrawal. american troops are due to leave by september 11, the 20th anniversary of 9/11 that provoke them to invade afghanistan in the first place. in the capital, the taliban killed -- shooting him dead in his car. the un security council has been meeting in special ses

paul marshall, the hedge fund here in the u.k.own is discouraging for investors, and the risk premium attached with these chinese adr's makes them on investable. someone warning clients this is not a space you want to be in. these are different opinions, and china is so big that at some point you cannot avoid investing in them. francine: thank you so much, dani burger. coming up, taliban leaders assert their authority over afghanistan. president biden faces growing pressure over the messy withdrawal. that is next. this is bloomberg. ♪ >> we were clear ride going and when we made -- we were clear eyed going into this position that it was possible the taliban would control afghanistan. as the president said, we did not anticipate it would happen at the speed we were planning. >> i'm deeply saddened at what i see unfolding in afghanistan. nato's focus is to ensure the safe departure of personnel from allied and partner countries and the afghans who have helped us. >> [indiscernible] the taliban have won the war. we have to target the

the u.k. is as -- issues quarantine, it opens up to travel from france and lowers restrictions for visitors from india. the united arab emirates. china follows the opposite path. imposing widespread travel curbs. the delta variant reaches nearly half the nation. keeping that troubled theme in -- that travel theme in mind, we have lufthansa coming across and delivering a $1.1 billion loss. long haul flights returning. this is of course as flights to asia we expect to drop by 6%. the numbers, second quarter revenue, $3.21 billion, below the estimate of $3.67. on a net basis losing three quarters of a billion euros, a net loss of 756. the estimated loss 738. free cash flow, that comes in at 340 million from a negative. a negative 1.13 billion. that was a year ago. we're on the beginning of the evolution of reopening and turning it around. hopefully, dani. good morning. dani: good morning, manus. hopefully that also means you can come visit us now, manus. you can come without having to quarantine

the u.k.ience with the delta variant, and the u.s. experience suggests we are following a similar trajectory. both of our economies are highly vaccinated, and yes they are still rising, so that means the hospitalization rates can stay well below their peaks. that has certainly been the case in the united kingdom. so long as that is the case, there's going to be a little but of caution on the margin. maybe as the estimates get trimmed back a little bit, i love to see that because once they do, that makes that trade investable once again. i think that is where we are approaching today. kailey: for the broader equity market, we are just off a record high. yesterday was the 46th one for the index just on a year-to-date basis. is it just the reopening that gives you confidence that equities can move higher from here? anastasia: it is definitely not just the reopening. i think it is another part of the story driving the market, but it is the overall stability and solid outlook for the u.s. economy.

he added the u.k.cuation effort would continue. >> we have extracted the overwhelming majority of those under both schemes, the eligible persons, the u.k. nationals, plus the afghans, the interpreters, and others. it has been a phenomenal effort by the u.k. there has been nothing like it for decades. clrly, this attack shows the importance of continuing that work as fast and efficient as possible in theours that remained to us and that is what we are going to do. >> that was boris johnson speaking. we should add the nato secretary-general has condemned what he called a horrific terrorist attack. let's look at other international news. officials in ethiopia is nortrn tigre region says a blockade has left one million people on the verge of starvation. the rebel say the health system has been crippled while measures against covid are nonexistent. the government has blamed the situation on tigre and forces, accusing them of obstructing eight efforts and attacking electricity workers. japan is suspending th

a shortage of workers to fill jobs in the u.k. hasn't seen a big drop in business confidence in the services sector. a quarterly survey by the cbi showed optimism at -17% this month. down from a rating of plus 47% in may. firms citing labor shortages are at the highest since the survey started in 1993. global news, 24 hours a day, on air and at quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. tom: thank you. chinese president xi jinping urging government officials to hit their growth targets this year as researcher shows the impact of beijing's regulatory overhaul. . that is next this is. -- that is next. this is bloomberg. ♪ tom: welcome back, this is bloomberg "daybreak: europe." xi jinping says beijing is determined to hit major economic and social development targets set for this year. it linked to those are the regulatory crackdowns and they have been insisting. creating a more prosperous society. the data tells us a different story so far. sylvain broye

u.k. mission in afghanistan and investing everything that we can to support the wider area around afghanistan, and to do everything that we can to avert a humanitarian crisis. mr. speaker, it is almost 20 years since the united states suffered the most catastrophic attack on its people since the second world war, in which 67 british citizens also lost their lives, at the hands of murderous terrorist groups incubated in afghanistan. in response, nato invoked article 5 of its treaty for the first and only time in its history, and the united kingdom, among others, joined america in going into afghanistan on a mission to extirpate al-qaeda in that country, and to do whatever we could to stabilise afghanistan, in spite of all the difficulties and challenges we knew that we would face. and we succeeded in that core mission. i will give way to my honorable friend. mr. ellwood: does the prime minister agree that we are ceding back the country to the very insurgency that we went in to defeat in the

. -- in the u.k.eat to see you today. thank you very much indeed for joining us. we are wrapping europe up. we are done for the day. these are the final numbers, a little higher during the auction process. the gains continue to add up. kailey: coming up, a subject that i'm trying to become more intelligent about, european football. the football world may have a pandemic recovery package coming soon. we will have more on that next. this is bloomberg. ♪ ritika: you're looking at a live shot of the principal room, coming up jack lynch, and this is bloomberg. ♪ now checking in on the first word news. wages are rising as companies are trying to recover in the post lockdown time. there was a new record number of online job advertisements posted last week, and the british economy grew faster than expected in june, putting more pressure on employers to hire. let morris international inspiring -- is buying a group. -- phillip morris international buying a group. bloomberg has learned in that soccer organizatio

if you think about it, the u.k.ds of bells and whistles in terms of their travel policy. even before you are vaccinated, and they used to be a 10 day quarantine, and they have always had cases that are higher than other european countries. i don't see how it helps anyone at all, frankly. it is just ways of quantifying perhaps the country into thinking that the people in charge are actually making decisions that are good for the country. i don't see any difference. francine: sam, thank you so much. to talk about these restrictions and the impact on the travel and tourism industry, we are joined by john, jhs consulting. it has been too long and i'm so excited we are speaking to you. ing is down today. does that mean we will have routes stricken off or will people fly but through different places? john: the north atlantic is a very important market for a number of airport groups, including iag and aer lingus. the same in europe, and on the u.s. side, we have delta and united as well. the reality is we are coming toward

. >> u.k.rime minister boris johnson says the government will honor its commitment to the people of afghanistan by excepting 20,000 refugees. speaking at an emergency session of parliament, he called for international cooperation to prevent a humanitarian crisis. johnson faced heavy criticism, including from members of his own party, that the withdrawal and evacuation was poorly planned. >> it would be a mistake for any country to recognize any regime in kabul. we will judge this regime based on the choices it makes and by its actions, rather than by its words. >> a large u.k. study has found vaccines are less effective against the delta variant. the pfizer biontech shot was 93% effective against symptomatic infections, compared to 71% for astrazeneca. pfizer's efficacy ebbed over time to reach a similar level. vaccination does not diminish the viral load. the u.s. will start offering booster shots to all vaccinated adults starting september 20. that is a massive expansion of a program previous

this plane carried 200 afghans and u.k. nationals.- british prime minister has been speaking to reporters, straight after he chaired a virtual g7 meeting on the issue of afghanistan. prime minister jnson: we got together the leading western powers and agreed not just a joint approach to dealing with the evacuation, but also a roadmap for the way in which we are going to engage with the telegram -- taliban, as there will be a taliban government in kabul. the number one condition we 're setting as g7 is that they have got to guarantee through august 31 and beyond safe passage, safe passage for those who want to come out. ros: it'll be near impossible for the u.k. to carry out its evacuations without u.s. military presence at kabul airport. u.s. troops areunning the majority of the airport's facilities, including one of the most crucial, air traffic control. replacing the surveillance provided by the u.s. would be expensive and slow. a retired british general who served in afghanistan is not convinced about carrying on without the americ

ministers in the four u.k.ay that pfizer jabs will be offered to 16 and 17-year-olds following the a vice of the experts. >> this is absolutely the right thing to do for all6 and 17-year-olds. of course, there is no compulsion in this. it is something for people to consider and to decide if it is something they want to do. >> the health secretary said the rollout in england would start later this month, led by the nhs, but with no precise details yet. the drive to get 18-year-olds and over vaccinated continues. as f 16 an 17-year-olds, nhs leaders say that up until now they always followed advice and implement any changes as quickly as possible. under the law, 16 and 17-yr-olds will not have to have parental consent to get the vaccine. we asked people how they felt about it. >> i think it's a good idea. a lot of 16 and 17-year-olds are the people that are constantly meeting each other and going out. >> reservation down the line. >> i would hope to learn more about what the side effects may be before we went ahe

he is double-jabbed, but with a vaccine the u.k.not approved. >> we were given this vaccine at that time, and there was no choice at all. you take whatever is given to you. yes, it is unclear. it is pretty stressful, to be honest. i'm just wondering if there is anyway i can meet in the next six months to a year. caroline: the travel industry want the government to go further. >> we would like to see other countries open up to people who have been doubly vaccinated. we would like to see the cost of testing brought down. a simple way to do that would be to replace the pcr test with a simple test which is much cheaper. caroline: the list of countries rated green, amber, and red is due to be updated this week. government sources confirm that the idea of an amber watch list containing countries that were considered to be at risk turning from amber to red had been scrapped. earlier, the prime minister said travel rules must be clear and manage the risk to public health. prime min. johnson: we have had to balance it because of the anxiety

despite promises to evacuate up to 10,000 who have worked with the u.k., afghan's president and the u.k >> we want things to do for our families back home. who serve them for 20 years. that picture space for everything. >> do you feel the government is doing enough? >> no. never. >> act in the house, among questions about the failure of u.k. intelligence and the prime minister's absence on the holidays, crisis unfolded last week. there is a powerful indictment of the west's withdrawal of a military veteran on the government's backbench. >> nations mobilize and muster. nations determine and have patients. patient thing >> here we have demonstrated, sadly, that we, the west, the united kingdom, does not. this is a harsh lesson for all of us. >> amid sometimes emotional interventions by mp's and despite efforts to talk up some of the successes over the last 20 years, there was no disguising the fact that it's in play had not foreseen or had been prepared for the speed by which afghan was taken by the taliban. this was grand scale humiliation, the leading member of nato alliance admitting t

if you look in 2000 and you go to the u.k., you compare the u.k.'ation rate with what it is in 2000 and it is higher. in the u.s., it is about five points lower. what explains that? it has nothing to do with aging as some people have argued but that is the same everywhere, nothing to do with technology, so the probability is the fiscal and monetary policy have been too tight and there have been to few incentives for people to go to work. the answer is the fed can have an effect on it but we have to try to think about why is it that employment rates and participation rates in the u.s. have declined whereas basically every other country in the world, including italy, france, countries that have had high unemployment rates had the opposite. zoomable he it has something to do with incentives to work and fed policy being too tight and fed policy since 2015 have had a major impact on participation rate. so i think this looks like major error on the part of policymakers. it is nothing to do with anything else. jon: the rarely outspoken david blanchflower o

is being more aggressive than the u.k. in vaccinating children.u think kids will be able to go back to school in the fall, full stop? paul: whether or not you vaccinate children has been a really big issue. i think initially, people were arguing on the basis that if we vaccinated children, we can slow the spread of the virus. i think the evidence now is that vaccines aren't that good at that. so the benefits for the children of vaccinating, of not vaccinating is a very hotly debated topic in the u.k., with some arguing very strongly in favor of the benefit of children to have the vaccine, and others arguing equally strongly against it. i think there's no doubt for children that if it got underlying conditions or they live with particularly vulnerable adults, then yes. but otherwise, my inclination is against vaccinating children, and that is what the world health organization arguing as well. guy: it will be interesting to see how the relationship between third shots for the elderly and first shots for adolescents, how that balance is going to wor

u.k. market. we watched it take off post the uncertainty of the brexit negotiations clearing a little bit. dear we have a couple of deals to mention and one of them is involving meggitt, which is in the aircraft sector. i mention these because they add up to something of a theme. parker hannifin agreeing to buy meggitt for 800 pence per share. sanne is in talks with apex over a possible offer at 920 pence per share. we will keep this in mind for the broader theme in u.k. assets. mark, you have been through a few of the themes driving us higher across the asia session. we were focused on the asia story last week. infrastructure, maybe we did not mention it as much as the weekend news flow suggested we should because there seems to have been some development. i wonder if this will be a theme to help lift us through the summer. mark: i think this will be a big driver this week. you are right that we were not talking about it too much. there are two factors. one is it has been building for so

u.k. viewers who are used to 20,000 a day. francine: it kind of goes to different constituencies in different parts of the world and how they have dealt with one or two or 20,000 cases. mark: i think it is also going to show the problem of a covid world. if new zealand is panicking about one case or if there is a perception -- we don't really know the reaction yet, traders are betting that this will setback the hiking plan, the reopening -- some of these countries that have pursued a zero covid policy are still really struggling to emerge from it, or have not even started to emerge from it in the coming months, particularly if they have not done well on the vaccination front. new zealand is lacking in europe. francine: we are just under an hour away from the start of cash equity trading in europe. let's take a look at futures after we had that other record on the s&p 500. the euro stoxx 50. these markets tend to move on low volumes, as well. it is very clear that the address by the fed cha

when the u.k.ravelers until today for the past few weeks, it was not based on case counts or case counts per capita, it was based on the percentages of what they thought they were seeing from the variant, which is nonsensical because there were higher rates in spain and to spain was not on the list. i am a bit worried they are made up as they go along. we have always been saying together that this is something that has to be looked at internationally. how do we reopen our world? francine: do we need booster shots? i don't know whether we call them booster shots or just a third shot because the second vaccine is already a booster. reporter: boosters are a very difficult subject. we have talked about this a little bit. we have societies in the west that are opening up for people to have freedoms, then we have societies elsewhere, countries that do not have enough vaccination to start to reduce their morbidity and fatality risk. that is a big discussion and is tough to get into. the issue at the end o

the u.k.cuation efforts, here's the commander of joint operations. >> led by a significant investment of u.s. troops and also by our owand other nations, now the airfield is restored, it is much calmer. it's been operating at full place today. i'm confident we now have a sort of stable airfield, in which we can get on with the business, alongside our allies and partners that we need to do. ross: the situation remains fraught for many in afghanistan. on the issue of getting people home. here's a u.s. national security advisor. >> there have been instances where we have received reports of people being turned away or pushed back or even beaten. we are taking that open a channel -- up in a channel with the taliban to resolve those issues. we are concerned whether that will continue to unfold in the coming days. as things stand right now, what we are finding is that we are getting people through the gate, we are getting them lined up, and we are getting them on planes. but this is an hour-by-hour

the u.k. is one of the wealthiest countries. here is the u.k. secretary. mr.ry: raising the prospect of seeing if the united states would extend. over 6000 people in kabul airport, and when they withdraw, that will take away the framework. we will have to go, as well. i do not think there is any likelihood on stayg on after the united states if their timetable extends even by a date to give us more to evacuate people. we are really down to hours now, not weeks, and we have to make sure we exploit every minute to get people out. anchor: germany is also part of the g7. this is its foreign minister. foreign minister: firstly, we are talking with the u.s., turkey, and other partners, with the aim of facilitating the operation to enable the evacuation of people beyond august 31. we will also have to continue to talk about this with the taliban who have a special role to play in the operation of the airport after the withdrawal of american troops. there are discussions in the u.s. about whether it will even be possible to fly out all of the american citizens in the

rachel: the fact that the u.k.onfidence to be that and say that self-isolation is not required anymore for fully vaccinated or really shows the u.k. has come through worst of that delta ways. cases did shoot up quickly but they also came down quickly. most importantly, hospitalizations and fatalities made at a low rate. of course, other countries now, especially the u.s., is really hoping to get through the delta wave in the same way. but it remains to be seen if the u.s. can chart that same path in the same way. dani: rachel, thanks so much. rachel chang from bloomberg news. i was one of the ones to be taken by the pingdemic. starting monday, it is a completely different picture from a few weeks ago. manus: the whole concept of the third dose is going to be a very specific and small group at the moment. the question is whether that is rolled out. i have been speaking to a number of people who are from israel. they are struggling to decide whether to go back because of the risk of another law down. that is one of t

from today, people arriving in the u.k. from the u.s. most of europe no longer have to quarantine, if they are fully vaccinated. our transport correspondent caroline davis hasore. carolyn: through the dark and the difficulty of the last few months, they have waited for this. >> as soon as we got off the airplane we got so excited. >> we only walked in a few minutes ago. when we get home and see everybody, it will sink in. caroline: as soon a the quartine rules change last week, naomi booked flights flight from california to see her parents. taking a message from the children -- >> we love you. >> we really miss you. caroline: on one of the first flights to land in the u.k. since the rules changed, while her parents wait nervously. >> i cldn't sleep. i think i saw every hour. [laughter] i think i d get sleep in between, but it was just, yeah, i'm too excited. oh, my goodness! caroline: they've not seen each other since december 2019. >> i really didn't think it was possible to come home until i actually set foot off the plane. oh, my god.

the u.k.ays it will take a more detailed look at nvidia's purchase of cambridge-based arm on competition grounds. nvidia didn't really talk about this on the call. astrazeneca is going to seek regulatory approval for its new antibody -- we are below 1.17. in terms of the technical set up, it looks quite troubling. we will talk more about that with kit juckes. alix: where the equity pain lies, that is what i want to examine. the answer is no. one area you definitely think would continue to get hit today would be the golden dragon china index, the chinese listed adrs in the u.s. you had alibaba at another record low. the majority of chinese equities again up to the woodshed, particularly if you are a technology sector come yet we are up by 0.3% today, so definitely a buy the dip feel despite more oversight coming from the chinese government. russell 2000, the longest selloff since february, now up 0.6%. definitely off the highs of the session with the euro getting a little bit of ground. copper

they data in israel and u.k. is showing -- the data in israel and u.k. issuing breakthrough data. people becoming infected with covid, sometimes symptomatically -- a cinematic -- asymptomatic. the u.k. data, a city of over 100,000 people showed 40,000. these vaccines are not protective. -- 100% predictive. as the population that is vaccinated rose, -- grows, you're going to see people who are fully vaccinated getting infected. that is a cause of debate. there is scientific uncertainty. how big is this problem? how dangerous is this program? -- problem? it as a degree of urgency of pushing for full league or -- legal approval for the vaccines. it argues in favor of moving ahead with a more formal and far-reaching booster program which we will see in the course of this fall. your question around do we get it wrong originally? i do not believe so. we need to get coverage as high as possible as fast as possible. with these powerful vaccines. so that we are bringing down the circulation of the virus. we need to get down to 10,000 and below. we need to get to 80% coverage of our populat

u.k. government would resettle 20,000 afghan refugees over the next few years. [no audio] >>. >> stand that all the service personnel of all this country who have lost their lives during this conflict. i know there is no constituency that has been touched known more so than the two who lost their lives. we all have reason to be here. i wish to remind a host of provisions of the chamber are no longer in place. all contributions to proceedings will once again be made from within this chamber. i remind members that if they participate, they should be president throughout most, if not all of the -- and at least the opening speeches following the contribution and be here for the windup. if the house devised today, members should then to both lobbies, then to the chamber. doorkeepers will be on hand for members participating. i will shut the doors to be locked 10 minutes after the start. i would also like to say thank you to all of the staff of house who has met today, breaking their holidays to

fabrice montagne, barclays chief u.k. economist.his is bloomberg. ♪ >> we aim to increase prices in the first half of the year, just to make sure these additional costs are not completely -- and actually, the first quarter and second order have shown this works ok, and therefore the profit of our entire business and our margin will significantly improve versus what we have seen last year. guy: continental's cfo talking to bloomberg a little earlier. i think we have learned a lot about what is happening in terms of the auto sector. we know about what is happening with the chip shortage, but we had a really interesting conversation earlier this week. i probably should have been more specific on this, but talking about the amount of chips that go into an ev versus an internal combustion vehicle. the new look at what is happening with the president targets and what forward -- the president's targets and what ford is saying today, and it could slow the production of ev's. alix: not only do we have the supply constraint story, but also th

u.k. minister boris johnson told reporters safe passage is vital for those who want to leave. >> we remain committed to those values and we remain committed to afghanistan. the number one condition that we are insisting upon is safe passage beyond the 31st, beyond this initial phase for those who want to leave afghanistan. the u.s. house -- >> the u.s. dow's has adopted a budget resolution. nancy pelosi helped unite fractious democrats. a final vote on the separate infrastructure bill next month. a new report from the u.s. cdc says vaccine efficacy along front light workers dropped to a nine -- from 91% to 66% after the delta variant became dominant. the researchers say the findings should be interpreted with caution as vaccine effectiveness may wane over time. charlie watts has died, aged 80. he was known for defining his drumming style as subtle but with a solid roof has been a member of the group since 1963. earlier, it was announced that he counseled a forthcoming tour. he died in a lo

u.k. would resettle 20,000 afghan refugees. this portion of the session runs one hour and 40 minutes. >>. i want to welcome members and summer circumstances. >> stand that all the service pers i know there news constituency -- those who lost their lives. i was strumming the house that the provisions --ovisions of tho longer in place. all contributions to proceedings will once again be made from within this chamber. i remind members that if they participate, they should be president throughout most, if not all of the -- and at least the opening speeches following the contribution and be here for the windup. if the house devised today, members should then to both lobbies, then to the chamber. doorkeepers will be on hand for members participating. i will shut the doors to be locked 10 minutes after the start. i would also like to say thank you to all of the staff of house who has met today, breaking their holidays to ensure this important debate go ahead. we now come to motion number one, rel

robin: the opening up by the u.k. government was terrific. that was announced, we saw our daily new bookings triple between jfk and heathrow. so that was great. as a u.s.-based carrier, most of what we are going to sell is going to be in the u.s., so that was great for jetblue. the u.s. should open up. there is no reason not to. you can fly from countries that have much higher covid infection rates, but you can't come from countries in europe where infection rates are much lower. that is not a risk-based approach. when is it going to up? i couldn't tell you. it is something we other airlines continue a dialogue on with the administration. tom: by christmas --guy: by christmas? robin: hopefully even sooner than that. it appends on how they are thinking about it. guy: you have flown here on a narrowbody aircraft. normally you fly across the atlantic on a wide-body. you're pushing that aircraft pretty hard. in the middle of summer -- i know it doesn't feel like the middle of summer in london today, but in the middle of summer, the aircraft is we

the annual u.k.rice growth slowed in july, but the shift in behavior caused by the pandemic means that demand for more spacious homes continues. the boe does not appear worried and is leading an unsustainable buildup of debt. they said the mortgage to income ratios have risen only marginally. what is going on? let's get our real estate agent reporter. she joins us now. olivia, good to have you with us. the stamp duty holiday comes to an end. what can we expect in terms of the market? good to have you with us. olivia: good morning. i think what people have been expecting for a while now is that the market will start slowing a bit. if we look at house price growth annually, it is still pretty high, just starting to moderate now. some of that heat is being taken out of the market. kind of expect that things are going to slow down a bit. dani: apologies for interrupting, but i am wondering, we are in the market are the hottest places that we could potentially see the biggest amount of pain going forward?

some of it, like the arresting of those u.k. vessels, was not deniable at all.f this is something connected to iran, there is going to be some kind of state intervention there. in dealing with the iranians. if it is a private hijacking, on the lines of what we have had previously, that will be a matter for the shipowner and the insurance companies to sort out. >> a murder investigation has been launched. they led a group that helped people fleeing persecution. paying tribute to him in london, she knows she should be targeted at any time. we report from london. >> his life ended here, his body hanging from a tree. he set off or his home in kiev but did not return. police believe it could be murder disguised as suicide. there may have been a struggle. this officer says the remarks on his face, left knee, head and chest. he was dedicated to political opposition to autocratic rule in his own country of belarus. it was working with an organization open the housing, food and work for people fleeing persecution. he knew he was under surveillance. >> this was an executi

u.k. mission in afghanistan and investing everything we can to support the wider area around afghanistan and to do everything we can to overt humanitarian crisis. mr. speaker, it is almost 20 years since united states's -- united states suffered a catastrophic attack in which 67 british citizens also lost their lives at the hands of murderous terrorists groups incubated in afghanistan. in response, nato invoked article five of its treaty for the first and only time in its history. united kingdom, amongst others, joined america in going into afghanistan on a mission to -- al qaeda and to do whatever we could to stabilize afghanistan in spite of all the challenges we knew we were face that we would face. we succeeded in that court mission. i will give way to my honorable friend. >> would he agree we are actually ceding back the country to the very insurgency we went to the feet in the first place? the -- for the rest -- there are some new lessons to be learned and what happened in the last 2

the u.k.overnment says it is deploying 600 soldiers to assist british nationals to leave the country. taliban fighters are reported to have captured the birthplace of their movement and the second largest city in afghanistan. they were driven out during the u.s. led invasion of 2001. police in plymouth have confirmed six people including a suspected gunman have died in a firearms incident. three females, two males, and a suspect died. murders committed with firearms average about 30 per year in the u.k., which has some of the world's strictest gun control laws. 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. mark, tom. tom: thank you. coming up, china's tech crackdown kicks into high gear this weekend with signs of more on the way. we discuss the risks on the opportunities in the world's second-largest economy. that is next. this is bloomberg. ♪ >> let's start off with that alibaba news. >> execut

yesterday, they arrived safely in the u.k. >> i feel fantastic. it is very good being in the u.k.good feeling. >> but i am sad at the same time about having to leave your country? >> when you leave your sister, your brothers, your father, because of those things i was sad, but now i am happy in the u.k. >> a happy ending amidst so much misery. bbc news, kabul. >> for more on the situation in afghanistan and also with the international community can do, i am joined by a senior fellow and director of research in foreign policy at brookings institution. welcome to "world news america." let me begin with the issue so many people are talking about today, michael. the group of seven wealthy countries are going to be meeting. the u.k. is expected to push mr. biden for an extension to that deadline to evacuations. we are hearing from the latest report of our correspondent that the taliban said they will not agree to that. what would you advise the g summit to do when it comes to that deadline? >> i think it is almost an opportunity to show the taliban we will not be bossed around by them.