And it is fundamentally changing societies, economies, and countries. Today we are here to understand the true impact, which is particularly devastating to developing countries and the most vulnerable communities women, youth, the elderly, and migrants. Most importantly, we are here to find innovative solutions. This the focus of the World Bank Annual meeting, which takes place starting the week of october 12 and convenience Global Leaders from governments, as mrs. , and civil society. Businesses, and civil societies. We will hear from the World Bank President on what it will take to tackle the crisis, and how we can turn this into an opportunity to build a path towards a resilient and inclusive recovery. He will be joined in the president ith of the Stanford School of finance and management. President ar from the of the bank joining us from his office. He has been president of the german centralbank since may 2011. He is a member of the governing council of the ecb, represents germany
Covid19. His physician warned he may not be entirely out of the woods. Global stocks still see modest gains. Hong kong maintains its coronavirus social distancing measures. 34 u. S. States see more virus cases than they did a month ago. The cdc warns the virus can spread indoors in the air beyond six feet. Deutsche banks ceo tells bloomberg exclusively it could consider m a as early as next year, but with one caveat. For us, it is important that we are not a junior partner. That means we first have to sustainably increase our profitability. We are just under an hour away from the start of cash trading in europe. We have german factory orders coming out on the ticker. Rising orders in august 4. 5 month over month. That is better than the estimate sorry well, the estimate and the previous reading or both 2. 8 . 4. 5 beat the estimate and the prior reading. Yearoveryear, you have to drop 2. 2 . It is not as bad as the 3. 8 that was estimated by economists, and not as bad as the 7. 3 drop
It is wonderful to be with you again, our 27th program in this america at a crossroads serious. Im honored to present not one but two extraordinary american heroes, Lieutenant Colonel alexander vindman, historian and journalist, max. Our conversation about the price paid by a military man in the era of trump. Our program tonight is recorded by cspan, who we welcome to our zoom room. This was created as a tuesday night for democracy and justice and community kids. Started after President Trumps first muslim man we found to be a. In violation of our understanding of american democracy to our jewish values. Established by david for decades ago, a vehicle to fight for civil discord and protection of our democratic ideals. Its a Great Partnership thats been able to bring 27 outstanding programs. We are all volunteering our time and appreciate our audience support in expressing of appreciation. Kelly, rabbi and david, the Leadership Team of united for democracy thank you to our many wonderfu
Dead had to be transported away by the army italys hospitals and Health Workers were completely overwhelmed by the high number of patients the country remains on high alert strict measures were imposed in the north and were also adopted in other regions including a bear gamble and milan its a price most italians are willing to pay to prevent a repeat of the past for many men like a greenie the trauma is still fresh. Fruits and the creamy i see lots and 108 years she survived the spanish flu 2 world wars a noun covert no idea when the 1st wave of the pandemic hits she lost many of her friends of the care she lives and growth vehicle. Through so much in my life and im still here. It looks like thought is forgotten about me. Fatima greeny feels lucky here in northern italy and wants to help others lombardi was badly hit by the pandemic in spring but the virus claimed thousands of lives in care homes for the elderly in particular. 33000 died of covert 19 in italy i dont most half of them h
Crude getting wrapped into all of this. We get inventories coming out at 11 00, all of that wrapping into the story that maybe we arent that good at dealing with the virus again, despite what happened in the spring, and how that narrative will feed into your equity and asset allocation. The other story we are following his Morgan Stanley, the last major big bank to report earnings. Really wrapping out a winning week for wall street trading desks. The highlight was fic revenue rising 30 . That helped drive revenue above estimates. Also, equity underwriting fees came in double more than year before. Very solid. Now the question is, can it continue, particularly when it comes to the visibility of the election . Joining us now on Bloomberg Television and radio is jonathan pruzan, Morgan Stanley cfo, as well as sonali basak, bloomberg wall street correspondent. It is good to have you. Killer numbers, particularly when it comes to fic. What visibility do we have now for the Fourth Quarter .