yousef: all right.you the best and we look forward to us touching base next quarter to get an update. the chief executive offer -- officer at bank albilad. 20 more to come. this is bloomberg. ♪ yousef: vaccine developers say they are working on a new shot to combat the south african strain of coronavirus. early data suggest as present as product has limited efficacy against the variant. let's get more on this. we are joined by rachel. what are the pharmaceutical companies laying out? >> what is emerging is very concerning and the fact that we are seeing pharma companies say there vaccine may not be as effective on these variant strains that are emerging, and most worryingly is the south african strain, where we know it is, the vaccine target is new cases. what astrazeneca's vaccine is found, it is not as effective in south africa and that is possibly the confirmation the vaccine will not be simple and it will not be one-shot, that the vaccines will have to be continuously modulated and continuously rese

yousef: what are the growth plans for abu dhabi?hink abu dhabi, we have obviously set up ways to make sure the market, we will fill up those gaps. abu dhabi has got a 14 days quarantine, but we see it promising. despite the quarantine, we see the businesses on the rats we operate, reasonably acceptable for the current circumstances. and we also have it feeding into abu dhabi. so, there has been good. i'm sure once it is closer to normality, those will grow. i honestly do not know fully what the plans are and what they intend to do, but i'm sure they will come into the market. as far as i'm concerned, our business with abu dhabi will be good as we progress. if we go to airlines, and i think abu dhabi has invested quite a lot of money in the last few years into the infrastructure, tourism business, so i believe i'm confident there is room for expansion in those areas. yousef: let's switch to your order book. you have an order of airbus jets. what's the status of that in light of demand and supply? is there a need to restructure? adel:

. ♪ ♪ yousef: this is "bloomberg daybreak: middle east."cautiously optimistic for 2021 after profits beat estimates for the fourth quarter. we hear from ewen stevenson this hour. yousef: the white house chief economic advisor tells bloomberg it is risk. manus:

. ♪ yousef: this is bloomberg daybreak middle east.n stocks rise after wall street's best rally in weeks. strategists say frenzied speculation once derailed the market. yousef: investigators are focusing on stimulus talk. more americans have received one shot that have tested positive for covid. manus:

yousef: bitcoin past $20,000.

yousef: qantas -- >> alan joyce. we want to bring you live pictures out of beijing where president xi will do a keynote speech at a meeting there. china's poverty alleviation push. it has become his priority. president xi has declared victory in a decades long more on extreme positive -- poverty. some are skeptical about the accuracy of the chinese data. they are questioning how beijing will sustain the anti-poverty drive. china's poverty line is around two dollars a day, above the world bank lowest threshold but below what is recommended for measuring higher income countries. the you have it. xi jinping do to his keynote speech on poverty alleviation's. >> all right. headlines coming out of that. coming up, persuading indonesia's traditional street kiosks to go digital. we are joined by the men who runs one of the nation's e-commerce unicorns. this is bloomberg. ♪ ♪ haslinda: indonesia is famous for its traditional street kiosks and they are modernizing quickly in the straw -- in the face of strong competition. our

well we have stories here about nigeria because in the 2nd half we interviewed ray yousef who is the c.e.o. and founder of paxil dot com and the important thing about this is that we did interview him before just before friday afternoon when nigeria central bank orders banks to close accounts of off crypto users any breaches of the order would face severe regulatory sanctions the central bank warned just so you know for the 2nd half we interviewed before that but the important thing about this is the central bank is you know banning banks from doing business with any companies within one geria who deal with crypto currency of course india tried this about 2 years ago and then that ruling got overturned by the supreme court so now nigeria is doing this amidst you know some pretty high inflation rates of 13 percent and of course the scope at lockdown which is restricting already the financial grid built on top of the dollar so i want to remind nigeria an important point that one of the greatest investors in america said just this past year about 6 months ago he said. is a bet on human

black man the day after his arrest marty shouted woods dust he spoke to the family of muhammad hassan yousef my looking at. him he was me he was always know. when 11 by my actual guy me was the older cousin and you know he was you know by the whole family and he has not the whole now light 24 year old mohammed mohamed has son was arrested at home in cardiff on friday the 8th of january he was suspected of breaching the peace the us or at least added the next morning without charge then after arriving back at his house in newport rhode he passed away in his sleep his family and lawyers allege it was due to serious injuries from the time spent in custody why did he die. because. you know because it will who was it go in you. all we know. that. you know he looked. away and he went home to rot and i don't want again not to. go on how following muhammad's death hundreds took part in protests over successive nights in cardiff they demanded the release of c.c.t.v. and party of on footage from officers at cardiff bay police station many held black lives matter banners and compared the case to that o

well we have stories here about nigeria because in the 2nd half we interviewed ray yousef who is the c.e.o. and founder of paxil dot com and the important thing about this is that we did interview him before just before friday afternoon when nigeria central bank orders banks to close accounts of all crypto users any breaches of the order would face severe regulatory sanctions the central bank warned just so you know for the 2nd half we interviewed before that but the important thing about this is the central bank is you know banning banks from doing business with any companies within one geria who deal with crypto currency of course india tried this about 2 years ago and then that ruling got overturned by the supreme court so now nigeria is doing this amidst you know some pretty high inflation rates of 13 percent and of course the scope at lockdown which is restricting already the financial grid built on top of the dollar so i want to remind nigeria an important point that one of the greatest investors in america said just this past year about 6 months ago he said big coing is a bet

. ♪ yousef: this is "daybreak: middle east."g frenzy with prices up more than 8% at one point. some say they are overwhelmed by demand. investors have plenty to get their teeth into this week. friday's nonfarm payroll nbe