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New zealand going to issue 60 billion kiwi with Government Bonds between now and next year saying the net debt will rise. That will be in 2023. That is coming out of wellington. Looking at what is happening we have got the australian markets on the way. Of huge ball in the number people out of work but the Unemployment Rate better than expected, down to the dissipation rate their, falling quite drastically as well. That is where we have it. China 10 year bond. We have got yields going back as the price goes up. Risk off sentiment, facing unprecedented threats from the coronavirus and monetary and fiscal policy makers must rise to the challenge. Jay powell pushback talk of negative rates. Is an unsettled area i would call it. There are fans of the policy, but for now it is not something considering. We have a good toolkit. That is the one we will be using. Haslinda joining ....
Hostages of the transport collapse at the airports of dubai and abu dhabi, are still looking for luggage lost in the chaos of carriers. U one suitcase arrived for us, the report was drawn up for one suitcase, there is no second suitcase. I cant stand it anymore, because as it turns out, in that second suitcase that wasnt delivered, i have the medicines that i need. It took Emirates Airline more than a week to deliver the lost luggage to moscow. A few days ago we reported to our clients, all their suitcases are already at domodedovo, but the airport is in no hurry to release them, the bags, many of which were caught in that same downpour, are rotting, the things and food in them are spoiling, this baggage has arrived for me for six or seven days now, and it still cant get to me, for example, i have cheese in there, i hope that at most it will be mold, as an apology the airline offers to deliver suitcases home with a courier, but ....
Dubai International Airport warned of very challenging conditions and advised some passengers not to turn up due to areas being inundated by water. 300 flights were cancelled on wednesday with hundreds more delayed, after the uae experienced its largest Rainfall Event since records began 75 years ago. Dubai is the Busiest Airport in the world for international passengers. More than 86 Million International passengers passed through it last year. Thats more than london heathrow, amsterdam and paris. Nirupa george is among the many passengers still stuck at the airport. She arrived in dubai yesterday from cairo, and is trying to get back to new zealand. We came to the airport this morning, we had already been delayed about three hours, and it isjust abs ....
Lagarde tells bloomberg of the ins is talking to china about the risks exposed by excessive debt. The superjumbo deal that the emirates is said to be negotiating. We are live at the dubai air show with the latest. It is 8 00 a. M. Here in dubai. I am yousef. This is Bloomberg Markets middle east. I hear there are some ancient tribal rivalries heating up in the middle east. Im not talking about any of this. I am talking about them versus boeing. You are live on the scene. The dubai air show is finally here. The last dubai airshow was 179 billion and recordbreaking deals. That is a high bar to live up to. In the time since a lot has shifted. The Competitive Landscape has shifted. We are talking about the visa bans. Numbers tell a story, middle east operations are growing at the slowest pace in eight years, the monthly growth. Lets look politically. The tensions are a ....
Not badly hurt by the note 7 fiasco. Yousef it is 8 00 a. M. Across the emirates. I am yousef gamal eldin. Shery i am shery on in hong kong. Asian currencies gaining ground on the back of a weaker dollar. Tromp withdrawing the u. S. From the tpp. We had the president and the treasury secretary nominee talking down the dollar, but i understand it is not all about these comments moving the dollar. Yousef again, you had Steven Mnuchin talking about an excessively strong dollar having a shortterm economic impact, but that is not what you should be looking at. There is a different and more accurate perspective, what is happening with 10 year treasury yields in the u. S. This chart. At that is your 10 year yield and the bloomberg dollar spot index. See, ive highlighted this for you. Take a look at how close these to move. Yields are leading the dollar, so extending the slide after Stev ....