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To have you with us we start in turkey where the currency the lira cant seem to stop slipping the windham dwindling purchasing power is fueling anxiety in the country will hear from voices on the ground in just a moment but 1st heres the situation as it stands. Many tarts are worried how much more will the economy shrink things were bad even before the coronavirus hit but the pandemic hasnt just brought to risen to a halt the entire economy is collapsing as confidence disappears the value of the turkish lira has been rapidly falling losing about 20 percent on the u. S. Dollar since the beginni...

A recipe for disaster. This is the only business imes in the elder milan in berlin thank you for joining us japans economy shrank almost 28 percent in the 2nd quarter its worst contraction on record now its hardly alone in that club fellow big economies like the u. S. The u. K. And germany where just registered crippling declines to but japans struggle is unfolding amid conditions that were already difficult. To send it on japan even before the coronavirus hit the world started largest economy was stuttering along the road all the damage is of a record breaking magnitude and many here are conc...

Jes staley coming up from barclays, he has got the mess in hong kong. Kevin cirilli will be with us from washington on the trump response to the news out of hong kong. Right now, in your united kingdom, it is a new deal in dudley. Francine it is a new deal. We are expecting the Prime Minister to deliver on his speech that was quite popular in his pReelection Campaign, bringing britain back. We are expecting him to do a lot for infrastructure, give money to schools that under previous tory government slots lost a lot of funding. Deathsy are there more because of covid19 compared to other europe...

The meeting and it is still on. Manus a warm welcome to bloomberg europe. Zurich for a in couple of days. Wobbling. Omewhere is as Martha Malone says you are asleep at the wheel, opec. Is rate cuts the right policy response . Nejra and how long can that little rounds last bounce last . Are you moving from survival to strategy . Manus the dollar seems to have taken a new lead. Take a look at the dollar, down for the fourth day in a row. Deutsche bank says it is time to sell currency. The biggest slide to. Dropping over 1 . Deutsche bank, 100 basis points by the end of the year. Goldman sachs, 1...

Have to decide first what changes do we think are appropriate, and that will take a little time. And then the question will be reproposal what i said, when we get to that point, if reproposal is the right time, were not going to hesitate its a perfectly live option in the current environment we have in politics in this country, theres not a lot that you find bipartisan agreement on, but i think you could find some agreement in withdrawing that proposal. Can you explain the importance of broad consensus at the fed on proposals like b3e, among Board Members to proposals i think well get to broad...