County search and rescue we alshad. Numerous volunteers that had avalanche avalanche receiver be kens and that avalanche dogs t here and those first moments was so much snow so many questions. Arriving search teams didnt know how many people they might be looking for when minutes mattered most helpful many people would see this horrible that. You know had a mural down how many people youre looking fothat was huge because were still be out there looking if we didnt have those witnesses and we didnt have all those resources and the volunteers are huge help. Were still waiting on an updatecondition for that surviving skier. Ken pam. All right so straight also live for us tonight at Alpine Meadows there in squall valley said story there well. We bring it closer to the bay in kron 4 is of course always tracking local stories here. Now look at whats going on in your ighborhood right now to the south bay in the span of 24 hours. They have been 2 deadly wrongway crashes. Both drivers did at th
As germanys spy chief says huawei cannot be fully trusted, we speak to the companys officer to the u. S. In this hour. It is 9 00 a. M. Across the emirates, 1 p. M. In hong kong. Im tracy alloway. This is bloomberg daybreak middle east. Manus im manus cranny in riyaad. There is a new globally important date. December 11, their remco ipl will start to trade. The valuation anywhere between 1. 5 to 1. 7, depending on which analyst or moneyman or woman you speak to. 40 from the u. S. The negative Interest Rates. Billion, buthe 15 only one question that matters in riyadh. What is the valuation and who is going to buy their remco ipo . We have a guest later on. Michael thompson in terms of flow of money. Joins me after 30 minutes. We will get his brexit take, the flow of money and how important the region is. Good morning. Tracy lots of interesting conversation coming up in just a few minutes. Before that, lets check in on the markets this morning. The benchmark 10 year yield on china Govern
Be as bad as it gets. That shouldnt change the overall picture that the rate of decline has dramatically accelerated for Traditional Television and it doesnt seem to be any question that were in a new normal with the rate of decline for the traditional system is probably 5 or so per year which is an extraordinarily rapid decline for something thats been around as long as traditional paytv distribution trend what youre talking about cable and satellite primarily, correct . Guest thats right. Traditional distribution the cable and satellite. Whats really interesting and maybe the most interesting part of the story is, if you went back a year ago you wouldve said that the virtual mvpd, so the you tube tv and hulu live and that sort of thing were really what was driving this migration away from traditional linear tv. Today it looks like that thesis was probably wrong and the uptake of those Virtual Services is not terribly strong actually and that what youre seeing is people just defecting
Investigations under that umbrella of impeachment inquiry the president must be held accountable no one is above the law french president emanuel has again met iranian president Hassan Rouhani on the sidelines of the Un General Assembly urging him to meet donald trump. You believe. We dont know we think this president i guess you sort of. Got me hes got to put me and relations between the u. S. And iran became even more tense following attacks on 2 major Oil Facilities in saudi arabia this month washington says iran was behind the attack tehran denies the claim meanwhile pakistani Prime Minister imran khan says he was also by donald trump to help diffuse tensions with iran comment rouhani a bit did not elaborate on what was discussed he did say efforts to mediate were pursued. Because of this book to president rouhani yesterday after after the meeting with president trump. But i dont see anything you write no more than this except that we are trying and mediating an earthquake has hit
To accelerate. Interestingly we published a couple of weeks back a note that said we might see the acceleration in the short term and this might be as bad as it gets but that should not change the overall picture that the rate of decline has dramatically tolerated for Traditional Television and there does not seem to be any question that we are in a new normal for the rate of decline for the traditional system is 5 or so a year which is extraordinarily rapid decline for something thats been around as long as traditional att division. Host youre talking cable and satellite primarily, correct . Guest correct. Traditional distribution via cable or satellite. What is interesting and most interesting part of the story is if you went back a year ago you would have said the virtual and bpd so the youtube tv and the who live in that sort of thing were really what was driving this migration away from traditional linear tv. Today it looks like that thesis was wrong and the uptake of those Virtua