Facebook. Fears of celebrity boycotts. And jp morgan has said to have sent some manhattan traders home after positive covid test with plans to restack. Jamie dimon says work from home will cause lasting damage. 6 00 came in london, and a call over the past 24 hours, from the two veterans of markets. Gross. Y dalio and bill its about debt, deficits, and inflation risk. The veteran mindset, the warning shots are plenty. Annemarie good morning, manus. Certainly in different ways both these titans as you say are playing those risks. For ray dalio, he said the dollar is under threat. My question is, what would become the global new king currency as he makes the point in his interview with erik schatzker, the three major currencies all have the same basic problem. Gross, for him its about becoming more defensive, isnt it . Manus it is. We will pick up on the trades in just a moment. Do with to corresponding cash having negative rates. Lets see what our guest host makes of that trade. Take it
The show. A new Prime Minister for japan tokyos parliament confirms your shahid a sukkah as successor to shinzo all day the former Health Minister says his priorities are fighting the pandemic and strengthening japans whaling and cars. And israel signs historic agreements after the white house with bahrain and the United Arab Emirates establishing diplomatic relations present trump says theyre just the 1st of many such deals to come. Im brian thomas could have you with us today European Commission president to ursula fong the lion will shortly give her 1st state of the Union Address shes expected to unveil her vision for a more ambitious. Climate deal for the block migration also expected to figure prominently final line will also outline plans to relaunch europes economy which has been hard hit by the coronavirus and denmark. Lets go live now to the abuse of Brussels Bureau chief alexander phenomena whos standing by there for us where the speech is about to begin shortly this speech a
I want this to be a starting point for Commission Parliament and Member States to ensure there is no backsliding the commission attaches the highest importance to the rule of law and this is why we will ensure that money from our budget and next generation e. U. Is protected against any kind of fraud corruption a conflict of interest this is nonnegotiable. But the last months have also reminded us how fragile it can be we have a duty to always be vigilant to care and nurture for the rule of law and breaches of the rule of law cannot be tolerated i will continue to the vendor and the integrity of our european institutions. Be it about the primacy of european law the freedom of the press the independence of the judiciary all this sale of golden passports europeans values are not for sale. Was. None of our members these values are more important than ever i say that because when i think of the state of the union i am reminded of the words of john schumer one of the great europeans who sad
See here soon becomes japans new Prime Minister the nation faces its because economic downturn because of the pandemic. So then a 2 pronged whether assault in the United States is people fleeing wildfires in one part of the country and rushing to avoid severe flooding in another slow moving Hurricane Sally has made landfall on the gulf coast it threatens to unleash heavy rain and catastrophic flooding and another powerful storm is also brewing in the atlantic thats Hurrican Teddy and it could hit bermuda as early as this weekend and on the other side of the u. S. Coast its in Oregon Wildfires are continuing to burn and forcing people out of their homes nearly 2000000 hectares of land has been charred and a federal disaster has been declared and the impact of those fires is now being witnessed on an entirely different continent traces of smoke have been detected in europe which is 8000 kilometers away. Were going to now from jay gray who has more on hurricane sonny from my bill in alaba
Against humanity. More than 100000 homes damaged or destroyed the crane that gets underway in sudan after weeks of flooding. You see here just to go becomes japans new Prime Minister as the nation faces its biggest economic downturn because of the pandemic. And im we are hearty with all of your sports news the former head of world athletics lamine diac has been sentenced to 2 years in prison after being found guilty of corruption well bring you more on that story later this news hour. So then a 2 pronged weather assault in the United States has people fleeing wildfires in one part of the country and rushing to avoid severe flooding in another slow moving Hurricane Sally has made landfall on the gulf coast threatening to unleash heavy rain. Rain heavy heavy rain and catastrophic flooding another powerful storm also brewing in the atlantic thats hurrican teddie which could hit bermuda as early as this weekend on the other side of the u. S. Coast in oregon and the devastation is plain to