that turned out that was commissioned by state street stands not just at first she it's also the ticker of the exchange fund that's it diversity index. a stock that embodies these progressive social values and of course they charge a fee in the process. is even better than that. they built the statue around the time they allege they did not get paid enough as much as their mail counterparts. of course when accused by female employees of not paying them enough not paying them as much as their mail counterparts they did exactly they expected it. we cannot make this stuff up the creator of the statue had a few more copies of the statue. his effeminacy is proud of what we created. state street sued her for creating unauthorized reproductions of the statue had commissioned for it comes full circle the magic trick until about the book, you pretend i'm a trick is not so joe we tell in the book is taken interest in he invite me as a workshop we worked out the public law class. the girl in the class he raised her hand at the end still that girl inspired me and nobody can take that away, even sta

turns out that was commissioned by street state street global advisors. and it turns out as hp stands not just for she but it's a well selected cobalt stocks that embodied some of these progressive social values and of course they charge of the in the process . they don't the statue around the time they were facing a lawsuit from their female employees at the firm who alleged they didn't get paid as much as their male counterparts so of course when accused by female employees of notpaying them enough , the firm built a statue for the women and even better the creator of the statue created a few more copies of the statue cause she was proud of what she created and they basically sued her for creating unauthorized reproductions of the statue they had commissioned so it comes full circle. it's a magic trick i tell about the book, you pretend you care about profits and power and a good magic trick isn't about making the money disappear, you have to bring the money back. it's a joke i tell them the book but you mightremember this , shortly after we met we you

dani: really great to catch up with you this morning, altaf kassam of state street global. coming up, we talk about the e.u. leaders summit in slovenia on rising tensions with china and the energy crisis. it's moving day. and while her friends are doing the heavy lifting, jess is busy moving her xfinity internet and tv services. it only takes about a minute. wait, a minute? but what have you been doing for the last two hours? ...delegating? oh, good one. move your xfinity services without breaking a sweat. xfinity makes moving easy. go online to transfer your services in about a minute. get started today. dani: good morning from bloomberg's european headquarters. it is 6:30 a.m. in the city of london. i am dani burger and this is "bloomberg daybreak: europe." here's what you need to know. inflation fears grip markets. 10-year and 30 year yields hit the highest since june. brookfield says it is time to sell. the energy crisis continues. france and spain call for e.u. action on surging gas prices. we are at the summit in slovenia. remaking britain. boris johnson will use his

what did state street say? marija: i think what we know is there's very strong connections between the stock market and consumer confidence. it needs to be taken very carefully. we have seen that the markets have a strong belief in the fed put. one indicator i will look fairly closely at is term premiums. we are having quite a big spike. since then, markets kind of accepted the fed is going to be very patient and moderate. there is a discussion about tapering. what chairman powell told us is the bar for tapering is fairly low. we fully expect them to announce it before the end of the year. the bar for hiking rates is actually quite high. we have seen the payroll reports. the labor market needs to heal so we are still not there. i'm not sure it's wimping out. the bar to meet conditions for hiking rates is still very high. a very strong kind of support from my constructive call on equities. we are not going to have very aggressive central banks. dani: in that case, what do you make rates at this moment? they rema

next, stop by crucial climate summit in glasgow with you see is a great deal at state street, whether to water shortages to destruction of the environment through air pollution . the science tells us this is a fundamental moment relation to the world. a last chance perhaps, to pull out of his headlong dive into the climate crisis, was altering the very nature of the world with, ah mm hm. and the latest news, as it breaks the president is allowed to impose a state of emergency for 15 days, with the option of extending it for another 15 days without congress's approval. we detailed coverage with his rights group in southeast asia, say bacon phoned about the rise in reported cases of po, working conditions from around the world, government, unsecured agencies i've described, arisen, answered on as planned with the aim of this table. i think the country one day i might be covering politics, major amex, i might be a rabbi, procrastinate from serbia. the hungry to what's most important to me is talking to people, understanding what they're going through so that i can convey the headlines in

next, stop by crucial climate summit in glasgow with you see is a great deal at state street, whether to water shortages to destruction of environment to air pollution. the science tells us it is a fundamental moment, the relation to the world. i last chance perhaps to pull out of this headlong dive into the climate crisis, was altering the very nature of the world we live in. mm hm. dawn . lou look forward to brighter sky's the weather. sponsored my cattle at ways 70000000 people are under threat as the 1st snore easter, this season takes shape. hello everyone. so we had to sort storm systems come together here creating this beast of a storm. this one's going to pack a punch if we focus specifically on new york city. we'll see when guys have about 80 kilometers per hour and rainfall a $150.00 millimeters. that's more than a months worth of rain. and under 24 hours, go to the west rate. now that while whether that was plaguing the pacific northwest in california, moving across the rockies in it's going to redevelop in sparks some storms through that central plains in the days to come.

so as next stop by crucial climate summit in glasgow with you see is a great deal at state street, whether to water shortages to destruction of the environment through air pollution . and songs tells us this is a fundamental moment relation to the world. a last chance perhaps to pull out of his head long dive into the climate crisis, was altering the very nature of the world we live. mm. ah. facing longer house and shorter deadlines. south korean delivery drivers are literally being worked to death. one 0 one, east explorer, the dark side of consumer convenience and south korea on al jazeera. ah bottles in cameron's rivers come on england. st. plastic is everywhere. but if cloth holes can be fishing boats and bubble gum, wellington boots. what model can be done with this plague polymers, earth ry, reimagining class day on al jazeera. a lot of the stories that we cover heidi complex, so it's very important that we make them as understandable as we can do as many people as possible no matter how much they know about a given crisis or issue with the smell of death is overpowering as al jazeer

see is a great deal at state street, whether to water shortages to destruction of environment to air pollution. the science tells us it is a fundamental moment, the relation to the world, a last chance perhaps to pull out of this headlong dive into the climate crisis, was altering the very nature of the world we live. mm hm. mm. it a ah . ah lena, from the world's biggest economies, will convene in rome this month to discuss the deteriorating economic situation in afghanistan. with all, i will also be on the g twenty's response to the climate emergency. can they find a way to prioritize the planets help over g d. p. special coverage on al jazeera. ah, we need to build america from the bottom up in the below. naturally chopped down. you as president joe biden has been on capitol hill to push tom across for a $1.00 trillion dollars spending bill ah, working on this 0 lie from headquarters in del prime denning abigail, also a heads frances, a british fishing vessel, and the latest post bricks, a dispute about fishing rights un calls on so don's military to restore these civilian.

next, stop by crucial climate summit in glasgow with you soon is a great deal at state street, whether to water shortages to destruction of the environment through air pollution . the science tells us this is a fundamental moment relation to the world. a last chance perhaps, to pull out of this headlong dive into the climate crisis was altering the very nature of the world with, ah mm hm. november on al jazeera, also a year, a turbulent weather. well, lead us gather in glasgow for crucial summit on the battle against climate change. emmy award winning 4 lines goes beyond the headlines, investigating the untold stories across the us. millions in ca, gast, on both in parliamentary elections under a new constitution. and more than a year after the lawful trigger, a political, quite immersive personal short documentary africa direct showcases african stories from african filmmakers. china marks $100.00 days until it host the winter olympics . but how will the pandemic and call for a boycott impact the sporting events. november on out jazeera, a pink lake near the car, attract tourists and

street years, pay taxes on capital gains which have not yet been cashed out for background. here investors generally pay taxes on capital gains only when the assets in question are sold. capital gains, taxes can generally be deferred, allowing the owner to earn returns on the on tax fund. it also allows them to borrow against those assets to bolster their business or whatever they might need to do before too many americans get to concerned about this new plan. these so called billionaires tax would only affect around $700.00 people in the country. while the proposal says it would raise hundreds of billions of dollars over the next decade. the massive spending bill along with the associated taxes, has already faith blow back from some moderate democrats, although there is news that it is moving forward. joining if that disgust is warmer, us representative alan grayson and jeffery tucker, president of the brownstone. it's too great to have both of you all today. congress are great that i want to start with you and i want to start with the billionaires tax. it sounds like a goo

let's get back to our guest from state street. thank you so much for sticking around. i don't know what you do at this point with china, whether it feels like it is very esoteric, or if you could still see fallout. >> we are in the former camp. we underrate china and our investment portfolio, so we stay away from their. regulatory worries are still very substantial there. it is quite risky for investors. however, we don't think it is systemic for the rest of the market. the key is earnings and interest rates. we stay out of china, very constructive for the rest of the world. tom: staying out of china, constructive for the rest of the world. where is your regional bias? >> we love u.s. for about a decade. it is very difficult for us not to love the u.s. the u.s. is across stable earnings and that has been the story for a decade. europe is really interesting and we have been underweight europe for a very long time because what europe needs, it is a very high leverage country. it means global growth. it is one rare period where we are having a big economic upswing. we are

george's president and top agent for state street in doral florida, can you give us a window into how your world has changed in the last six month? >> thank you so much as a pleasure to be here as i mentioned, we have been in the business 29 years and i will tell you the industrial market is a sweetheart of all commercial real estate assets right now including office and retail in my time here in the market i've never seen a more active market where the demand is at an all-time high, literally we have two in three tenets fighting for the same space to lease and it's really unprecedented. i think the surge of online ordering an e-commerce industry has really accelerated the need and demand for warehouse fulfillment and distribution space in south florida and across the country quite frankly. it is accelerated it by 3 - 5 years the demand in space that the e-commerce companies need have been accelerated it is been a really great time to be in the industrial market. liz: how does the global supply chain bottleneck around the world mostly in asia affecting the demand for local warehouses?

now joining us is olivia engel, state street global advisors cio of active quantitative equity. i want to pick up on that point, that we are seeing mrs. just being -- that we are seeing misses just being punished so severely in stocks. what do you make of that? olivia: i think that is a real sign that we really need to be careful about the outlook for 2022 earnings. we are definitely starting to see in aggregate that fy 2022 is starting to look a little soggy, a little soft. that could pose vulnerability for equity markets in general. we are seeing that pretty much everywhere, developed markets and emerging markets. there are some areas in emerging markets which have been reasonably resilient. for example, emerging work at small caps are looking reasonable on fy22. i think for the first time in a very long time, ian small-cap companies have got much more pricing power than they have ever had in the past, but that vulnerability in the equity markets in general, with the all-time highs and peak growth probably being behind us, we just need to be careful there. alix: this piggyback

state street didn't clear it. so we ended up having to buy it through a closed-end fund. but now an etf would be an even better form. caroline: 400,000, i remember that number. do you still see that this wall of money, the fundamentals which were in place at the moment, will drive assets such as crypto to that sort of level? scott: i think so. people say to me, why are you so bullish on crypto? i got to tell you, i think 70% of the coins out there are garbage and will go away. question is, just like the internet bubble, which of the companies survive. will amazon be the big winner? of course, if you are old enough like me, you were member pets.com failed and amazon was a bookseller that changed the world. alix: what price did you by amazon at originally? scott: around nine dollars, and i was a genius. it went to $14 and i sold it six months later. i'm an investment genius. [laughter] so how do you know which of these coins is it? but one of the things people forget about money is money as a social good. i think money is something that governments create. no, money is some

state street shares trading higher this morning. >>> and amazon says it wants to hire 150,000 seasonal workers for the holidays 50% more than last year. but still well below the hiring target in 2019 pay starts at 18 bucks an hour for the temp jobs. sign-on bonuses as much as $3,000 back over to you >>> all right. thank you very much, frank. >>> watching these indexes go back and forth nasdaq is outperforming today in the green and the broader market, we did get 4480 a moment ago. that's taking out friday's intraday high. mike santoli is watching that and taking a look at the rest of the year mike >> yeah, carl. big question where the huge cap stocks participated in the upside this year but not driven it will maybe close this gap or not if in fact higher treasury yields will be an excuse for cyclical stocks to lead which could hinder the overall s&p this is the last eight months in the s&p 500 versus the new york stock exchange faang plus index. this index is hampered by the fact that alibaba and baidu in there. you can probably look at this two ways and say there's now upside for them

street that is something that we just have to get after. i think we will, but it is something that your last point is a challenge. now back to the first point, what really matters is i heard bill mcraven just recently talk about the greatest national security threat to the nation. you would think you could name different things. what he said was k-12 education. interesting. i was thinking, one of the things that we work hard at nsa is to develop these cyber generation caps -- camps with the national science foundation and others to be able to across the country encourage young people that science, technology, engineering, mathematics, is a great place, and the opportunities are unlimited. it is this idea that really gets the ill -- to bill's point, that coding is cool and the idea that you have a future at a place like cyber command or nsa, whatever it is, it is this population of the folks that we need in the future. see the numbers now. we are short. this is one of the ways that we are interested in and one of the ways that we hope to gen

remember that states the street is divided, but the opponents of the military hath spoken loudly to the m. we know that you know, the military honorably in a waiting game. they were the they are waiting to see how much opposition they will get from the interior. and they could have been betting on the, on some kind of fatigue because people have been protesting against the military and against economic conditions and so on for more than 3 years. now. sometimes we saw that in some other countries, after it so called revolution, or out of lucian, real one or half a revolution. people get tired over the years and the, they, they begin to look for saviors or people who, you know. because the government's born from evolution had not been able to solve the problems of the country. and we have seen that in sudan over the last months and even years, people talking about the failure of the civilian government to resolve the problem, particularly economy and so on. but there is moment, we can't deny that those momentum are on the side of the opponents without what is the general? what is general

more than a foot of rain fell in some areas of the state turning streets into rivers and washing away cars. more than 100 people had to be rescued. >>> let's take a look at your friday forecast. >>> heavy rain is expected across the great lakes and the ohio valley and flash flood watches are in effect for parts of georgia. storms are also stretching from northern california to montana and some of that rain in the west will turn into snow. winter weather advisories have been issued for parts of california and utah where 6 to 12 inches of snow is possible. and checking today's high temperatures, 70s and dry in the northeast. mid-90s in parts of texas and oklahoma. 60s in southern california. >>> coming up, one of the most popular celebrity chefs makes a big announcement. >>> but first the search right now for a 3-year-old boy missing in texas. >>> and the punishment this morning for this woman who approached a grizzly bear in approached a grizzly bear in yellowstone national park. we're for those who love to discover. who know an open mind... is the only kind. who are their own personal

if state street did not clear it, nobody cleared it. wind up having to buy it a closed end fund. an etf would be better. joanna: 400,000, you said i see it going to that. do you still see it going to that level? scott: i think so people -- i think so. people say to me, why are you so bullish on crypto. i think 70% of the coins out there today are garbage and will go away. the question is, just like the internet bubble, which companies survive? will amazon be the winner or pets.com? of course, if you are old enough, you remember pets.com failed and amazon was a bookseller the change the world. joanna: what did you by amazon? scott: that nine dollars, it went to $14 and i sold it. how do you know which of these points? one of the things people forget about money is money is a social good. they think money is something governments create. no, it is something society creates. if you were in a prisoner of war camp, the currency in prison camps with cigarettes. people create this. risa bitcoin back when it was $100 and i do not buy it, i was fascinated because to me, the virtual curren

i live on state street in the upper market area. by urge you to reject the appeal and allow the project to proceed. i won't repeat the strong arguments by others, i will net that if we are going to let a dying tree stand in the way of 13 units and perfectly appropriate project, we are never going to make it happen. even a dent, it's the san francisco housing unit. >> clerk: please go ahead mila? we can't hear you. please go ahead. you're on mute. can you unmute yourself? we see that you're trying to join. i'm not sure why you can't connect. i suggest may be that you call in and we can take your public comment that way. the phone number is on our website. you can call 669-900-6833. enter webinar i.d. 811 7141 3429. we're going to hear from michael chan. please go ahead. [please stand by] >> caller: it's just ridiculous and i almost apologize that the members of the board and the members of the public have to sit through this. it's tiresome and it's doing a disservice to the environment and to the quality of life in san francisco. you

up next, state street reckons markets will remain choppy until there's better clarity on earnings and tapering. we discussed, just ahead. this is bloomberg. ♪ ♪ >> the problem is stagflation. that's the real risk. so many portfolios are massively exposed. there are ways to hedge that risk. >> when you look at what's going on with productivity, people aren't talking about it. productivity is booming. the idea that we don't have any gdp growth, at a time when consumers have this much excess savings, i don't see that. haidi: conflicting views on the risk of stagflation returning to the global economy. let's bring in marvin loh. when it comes to the possibility of a slowdown in growth but accelerating prices, where does that rank in terms of your investment concerns? marvin: ultimately, it's not a big concern for me. i'm not in the stagflation camp. i think in this modern economy that we have, if you wind up with slowing growth, you will have adjusted. the issue we have now is a one-off because of the supply chain. those are working their way through. there is still plenty of savings

area streets. state officials are now teaming up against the manufacturers of those dangerous guns. the historic lawsuit just filed plus a story that you'll only see right here on kron. 4 news bold car break ins. >> caught on camera here in the city leading to shots being fired tonight. the victims talking only with kron 4 news about how this all went jonathan mccall >> from the bay area's news station. you're watching kron 4 news at 6. >> can go online and get a gun. anybody can purchase a gun. >> we need to get these them. leon regulated weapons out of community. >> now it's 6 cracking down on ghost guns. these illegal unmarked weapons now causing problems all across the bay area. and today the state attorney general announcing a new lawsuit against 3 companies that make the weapons. that's where we start this wednesday night here on kron. 4 news at 6, thanks for spending time with us. i'm jonathan mccall and i'm pam moore can has the night off tonight in recent years, these untraceable firearms have been used in a number of tragedies throughout california. >> in june of 2000, 13,

taken to the streets southern a state of south of norfolk to fan, also co coming out on the streets, hundreds and hundreds of people protesting saying that despite the lack of economic progress, despite the lack of reforms that they were looking for during the transition period . they are not going to settle for a military rule. al jazeera, ever morgan reporting live from courtroom. many thanks have a some regional reaction. egypt says the security and stability of sudan is integral to its own security. and his calling on all parties to show restraint cutter accrued that sentiment, calling on all sides to contain the situation or not to escalate. saudi arabia is also pointing to the importance of restraint, calm and dis, collation. our white house correspondent, jibley halgert has the reaction for washington. this timing of. 1 the events on the ground is certainly disappointing to the united states, given the fact that there had been a meeting of the special envoy for the horn of africa geoffrey feltman. and that this has occurred immediately following those meetings, the united stat

i mean, at that moment we didn't have a demonstration at candlewood, you didn't have to confronting states to clashing streets in december, 2000 and, and before late that, that, that the weeks and months leading to the removal of membership. now we have a different situation. remember in my, you know, in the, on the previous show i compelled, the situation is to them out of the situation of egypt. right before the overthrow of most, apparently that statement we would, we just heard a few moments ago was made from egypt. so what, what are we to make of the ask why? well, i mean it's, it's interesting it ab, i mean the people who are against what's going on, who said, are right now these 2, they would say this is history, repeating us. this is what happened in egypt repeating itself. and so that they would say, the military have choreographed a, an account uprising against sort of allusion of ease. and they have, you know, helped them. this is what they have been saying during the last few days. they have helped them, they protected them, they allowed them to be in front of the presidential

here is the thing, state of texas is pushing back, punishing wall street firms banning oil companies and firearm companies. i'm glad to see the state picking up, wall street firms holier than thou all they do put us on the precipice putting us out of a business of country and all of sudden they get to be arbiters of what is right and wrong. >> unfortunately we have to sometimes bail them out with the taxpayer dollars. this is the woke crusade coming back to bite them in this case. the state of texas says you know what, if you want to take a position on gun rights or energy in our state, then we're going to, we're going to decide, whether or not we'll set rules whether you can be involved in bonds in our state. there are other banks that you know, even if jpmorgan and others are not, goldman sachs and others are not able to do business with texas there are other banks more than willing to step up. probably at least half a dozen who would be able to comply with texas' new laws. it is great for competition. i'm glad and thankful we have other businesses but i do think it sends a message

. >> and what about these reports of state street perhaps being in the mix in terms of an invesco partner in some way? >> i'm on the board of invesco and can't comment on market rumors but i will say we believe there's going to be consolidation, and it makes sense, david, because you need scale to compete long term you need to invest in people you need to invest in new products you need to invest in technology and distribution and solutions the channel partners, the morgan stanleys of the world, they want fewer partners who can do more for them so you're going to see, besides black rock, a handful of scaled players. and our job is to help invesco become one of those. >> in the time that we have left, i'd like to spend it on esg because you talked about it inside, and you've said, and i'm going to quote you that it is -- >> i want a footnote >> i've already quoted you once actually on air and you caught it but you said esg is redefining capitalism i mean, those are some big words there, in fact, two big words. why do you believe that to be the case >> look, it used to be that it was good e

street in biloxi, mississippi, as the robert s. mckeithen post office building. the speaker pro tempore: the gentlewoman from new york, and the gentleman from kansas, mr. laturner, each will control 20 minutes. the chair recognizes the gentlewoman from new york. mrs. maloney: i ask unanimous consent that all members have five legislative days to revise and extend their remarks and include extraneous material on this measure. the speaker pro tempore: without objection. mrs. maloney: i yield myself such time as i may consume. the speaker pro tempore: the gentlewoman is recognized. mrs. maloney: i rise in support of h.r. 3175 to designate the facility at 135 main street in biloxi, mississippi, as the robert s. mckeithen post office building. robert mckeithen was born march 22, 1961, and graduated from college from the university of mississippi. after college he served in the u.s. air force with distinction. earning the air force commendation medal, the meritorious service medal and the air force achievement medal. after his service in

we also have the states of law north dar 4 where people also took to the streets, but the central committee posted in his doctor say the state that was worst head or, or met will met with violence is the state of godaddy, where dozens have been reportedly injured, due to the use of force by security forces as protest as gather to demand a return to civilian rule. so the process has been nationwide, not just in the capital for 2 protests as are saying that they want to see our prime minister than the ham dog are moving freely because they say they believe that the fact that he has been taken from general abdel said that of bronze residence back to his own residence on the suburbs of hudson does not mean that his completely free his yet to meet his own staff, his id to speak to the media. and they also want to see the political detainees who are arrested on, on monday, on the day of the qu, released, and they want to see that government that has been dissolved, reinstall. so nationwide, protests mariam around the country, people demanding a return to this events, to a civilian rule, but also

. >> getting legal ghost guns off of the streets. the state joining one fight and how they are going after some big time players. >>> thousands of pg&e customers could lose their power tomorrow. new information. >>> today is deadline day for some san francisco city workers to show proof they have been vaccinated. i am justin andrews with the numbers coming up next. >> good afternoon. i am allen martin. the top story at 3:00 on kpix 5 and streaming on cbsn bay area , the state attorney general joining the crackdown on illegal ghost guns. kpix 5's kenny choi joins us . >> reporter: this joint effort announced today will strengthen a lawsuit filed by the san francisco district attorney against three gun manufacturers in august and they displayed ghost guns purchased online and showed how it was manufactured and assembled. the lawsuit alleges the performance violated state laws that require them to apply for serial numbers and that they misled consumers into believing that the weapons were legal. >> we are here to protect our children an

crowds blocked streets and were met by counter protest as it was supporting the president. the legislation being considered would allow authorities to investigate the assets of any citizen without a court order. but the government says that it's essential to tackle elicit earnings and to help the economy. daniel schwimmer report. opponents of the government's proposed new law blocked roads in major cities across bolivia. they were met by police who cleared them to ensure workers could get through the demonstrate to see the law concentrate too much power in the hands of the state which could use it to persecute offers if i'm leaders, the strongest focus was in the eastern city of santa cruz oh, i beg your own solo that dragging us along a road on which we lose our democracy and our liberty to a communist and totalitarian regime. oh, this government needs to listen to us. we will not return empty handed. them as he said and, and miss repression. the, hidden with the approval assume the little dilemma. the lower house of congress passed the law last month is designed to tackle

they say is a step towards a police state grants blocked street and were met by counter protestors in support of the president legislation being considered would allow authorities to investigate the office of any citizen without a court order or the government says it's essential to tackle elicit earnings and help the economy. teachers in greece have stage a 24 hour a strike to protest against the government education reforms. several 100 staff and students walked off for classrooms on monday to march. so central athens, a great government wants to introduce mandatory evaluations for teachers, but they say what schools need is more teachers and money. turkeys president says his country has run out of patience after a series of attacks on its forces in syria, russia typo on, says his government is determined to eliminate threats from the north after a car bomb and a market place killed at least 5 people. the bomb targeted are free, which is under turkey. bank composition control at aunt cummins come a day after 2 turkish police officers were killed by a guided miss heart attack in seri

a state of emergency has been declared by general han, and that means that at a certain point, people will not be allowed to move around the street and that they will be more military present, deployed around the main major streets to prevent people from moving out. and about but from what we're seeing, people are actually continuing to make their way to the army headquarters, continued to chance. many of them still setting up road blocks and barricades to prevent the movement. and to basically disable the movement in the country. they say that that's their form of resistance that they were showing that they're against. what's happened over the past few hours and hey, but this is happened what the day after the u. s. invoice, the horn of africa. jeffrey felton had a meeting with, with the 2 sides with, with the civilian and the military on of, of the district and he's government, what do we make of that? well, it's very hard to see how much of an impact the the, the us special envoy to africa had on the military in terms of basic and making them back away from their current mobile or

gm is probably listening you to because of the dynamic have you spoken with state street and van guard about gm? >> no, we have not we do try to speak to as many stake holders as we can. it is important to get a broad perspective of the culture of general motors has been and is going ford t -- going forward the workers are they all excited about the move going forward it is important to understand how they are going to do that. a big part of what they are also doing is localizing the supply chain which is something we are a huge fan of. bringing these jobs back to the united states or at least where they manufacture, bringing those back there that creates a much more vibrant environmental foot print we have spoken to a lot of people i don't think this is on the list of companies they are particularly worried about right now. >> investment time horizon and what the time will be? >> this entire decade is going to be about this transition. the execution point and near term will be their ability to ramp the platform and can we see general motors or the entire industry find a market that th

. >> there is a new push to get a legal ghost guns off the street. the state is joining san francisco lawsuit against three of the largest suppliers of the untraceable firearms. district attorney office recently filed the suit back in august the office. alleges that companies lock store black hawk and mds performance violated state laws that require them to apply for certain numbers. the da said they misled the public into believing the weapons were legal. this company sell kits online that can assemble the guns without serial numbers. now the state hopes he can strengthen the suit by jumping in. >> we are here today to take action to make sure there's gun safety to protect our children, our loved ones and our communities from preventable and indiscriminate gun violence. but we know it is a h there is nothing to present a greater threat to public safety they guns, specifically on serialized ghost guns that are being dumped into our communities and into the hands of people who are prohibited from possessing firearms. >> according to the da office, pol

. >> the state lawsuit would require goes to gun makers to follow california law and require background checks for the people purchasing the weapons individual pieces of the guns would need to be engraved with unique serial numbers and the guns would have to be registered. san jose police have made arrests today for possessing ghost guns. officers say they found 3 ghost guns inside a car during a routine traffic stop. investigators say the people in the vehicle also had ties to gangs and drug sales is unclear how many people were arrested in this particular case. berkeley police also arrested 5 people for carrying ghost guns in 4 different incidents organs in 4 days in the east bay. it's now been a continuing problem all across the bay area. >> crump was graham lotus long tonight in the studio breaking down the details of how this all went down. just goes on and on and on. and i guns all over the goes guts. most disturbingly, according to police because they have no way. >> to track them. we'll walk you through here. the most recent incident happened on monday of a 19 year-old richmond

of emergency. congress street protesting which 3 demonstrators have reportedly been shot that anti bought and song sends that on social media storm. so the top of the i tunes charts, we hear from the rafa behind the hit. let's go brand that there's a 1000000 sites. now, right now, if you're trying to, like, i can't say certain things and i saw where you're granted, that means you're bending my heart, your branding might you of what's going on. you can be an article being anything rocking out upon done it. can you report what the people's like seen alliance accuses which countries of leading poor nations in the lunch like failing to that i desperately need just.

. >>> let's check the markets right now with the chief portfolio strategist at state street global advisers and kerry saperstone buying on the dip has always been the smart move. do you think that's the way to go this time around, too >> hi, becky so i think yes, it depends, of course, where the stock is trading. we've had, i would call them rolling corrections that have gone over the last several months look at what retail has done in the past couple weeks, many stocks down 20 to 30%, we've seen it in energy, a lot of technology stocks, home builders so a correction isn't just about the market as a whole. the s&p has fallen 5%. if you're looking at a stock to buy down 20% and you think it's got great potential and it's going to continue to grow. i think that makes sense to buy it now but you can't just think about the market as a whole because we're in a little bit of a down trend right here and you have to be careful picking your spots. >> we'll talk more about which spots you like versus those you don't in just a minute but you've recently taken money off the table, right >> yeah we have

. >> the state lawsuit would require ghost gun makers to follow california law and require background checks for people purchasing the weapons, individual pieces of the guns would need to be engraved with unique serial numbers and the guns would have to be registered. in the east bay berkeley police have arrested 5 people for carrying ghost guns again. >> they are assembled from parts considered untraceable, the most recent arrest, october 11th a 19 year-old man was arrested in connection with the catalytic converter theft happened in berkeley in september. police say they found ar style rifle with a high capacity magazine and a bb gun inside his car october 10th police responded to a trespassing incident on rose street in berkeley, a man and woman didn't stop. there was a chase and then police found and assault pistol with a high-capacity magazine. both those suspects were arrested, october 8. the man was arrested at the delight way shelter after police found a loaded handgun in his room and the same day an employee at the black and white liquor store reported that a man pulled out a

of emergency prompted street protests in which 7 demonstrators have reportedly been shot dead. anti bought and song sent on social media storms to the top of the items charts. we hear from the rapid the find the hit. let's go brendan, here's a 1000000 songs best out right now. and if you're trying to hand like a song, i can't say certain things in a saw where you band it. that means you're bending my heart. that me, your branding might, you was going on. you can ban hardly get anything. and drugging out the pandemic, a new report by the people's vaccine alliance securities rich countries of leaving poor nations in the lurch by failing to donate, desperately needed jazz. ah, life from oscar. thanks for joining us in our teens nationally sour. i'm daniel hawkins. ruby wall. tonight's welcome to the program. now we start to start with a breaking news coming in from united states were 5 people under police officer were injured on a shooting at a shopping center in idaho on monday evening. that's according to local police. the look what is your currently seeing has been sourced from soci

state every single night. or whether we have places so expensive people are living three and four families together. i don't know how great we are. but what i do know is that we are judged not only by how we treat people, but especially how we treat people at the dawn of life and those at it the sunset. we cannot afford to not take care of our children or our parents and grandparents. so this is our time to build up and i just hope that you'll help me do it. thank you so much. [ applause ] >> if i could just wrap up on behalf of the governor gavin newsome and the people of the state of california to again welcome you, madam secretary, to our beautiful state and just say that all of us here in the state of california stand behind president joe biden's build back better program. we support you, we thank you, and we need you. as you noted, far too many some counts over 130,000 californians experience homelessness in our state. this is our last best chance to do something about it. we're doing our part here in the

the wall street journal reported several cases of the affliction in pagoda, days before antony blinken is expected to visit. havana syndrome has affected u.s. diplomats and intelligence officials in several embassies around the world. he was justices are indicating they are likely to reinstate the death sentence of the man convicted of setting off one of the bombs that killed three people at the 2013 boston marathon. hearing arguments in washington today, the courts conservative wing voiced skepticism. the appeals court ruled that prospective jurors were not adequately asked about pretrial media coverage they consumed. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. i'm mark crumpton. this is bloomberg. >> it is 1:00 p.m. in new york. i'm matt miller. welcome to bloomberg markets. your other top stories we are following. we will give you full reaction to today's cpi. consumer prices outpacing forecasts. we will break down results from the treasury's 30-year bond auction as well. we will discuss

of emergency frontage, street protest in which 3 demonstrators have reportedly been shot and he bought and song centered on facial media for the top all the use chart, we hear from the rapid behind the hit. let's go brandon. there's a 1000000 signs out right now. if you're trying to wipe, i can't stay for, i'm gonna stop you brandy. that means your branding, my arts, and your branding my view of what's going on. you can band, aren't anything running out the pandemic. a new report, while the people who live acute the rich countries of leading poor nations in alerts, by failing to donate, desperately needed jobs. ah, why, for most year, thanks for joining us off the internet salon. daniel hawkins, wherever you are this evening. welcome to the program. now we start with the developing situation ensued on board military takeovers, led to von and clashes between protesters and the army. with shot 3 people dead and injured dozens, more of according to local docs with association audit. on monday, the military dissolved the government and declared a state of emergency and came hours after the

they say is a step towards a police state crowds, a blocked streets and were met by counter protested in support of the president. the legislation being considered would allow authorities to investigate the assets of any citizen without a court order. for the government says it's essential to tackle elicit earnings and help the economy for more on this. let's bring in general schwein law, who's joining us live from the argentine capital one a series. thanks for joining us, daniel. what more do we know about these protests and what demonstrate is from both sides want well, monday emily was, as you mentioned, the anti government protested, who want to see an end of this law. the so called law of elicit earnings in which the government wants to get his hands on vivian tax tax money, or basically is estimated the 80 percent of bolivians at work in the informal economy. 65 percent, or thereabouts of transactions made happen in the informal economy. oh, so several, a bolivians were found in the recently uncovered pandora papers to have off shore bank accounts on which they're not paying tax

and now more protesters had been arrested during street demonstrations bats after state oil company workers and doctors that joined a growing strike there. the african union, meanwhile, has suspended cartoon until civilian rule is restored, and the while bank has put a deliveries on hold. and voice from several countries have visited depaul, prime minister, abdullah honda at his residence where he is being kept under heavy security. you are secretary of state antony lincoln is also spoken to honda and is calling for all civilian leaders to be released. heber morgan has the latest now from the sudanese capital these road blocks on the streets and neighborhoods around to dance capital 2 are now a common sight once used to keep out security forces during anti government protests against then president obama will be here in 2019 they've become a symbol of rejection of monday's military coup. and on the 3rd day of the military takeover in the city weather revolution that overthrew this year thought that people were back on the street the out in hard to protest. those have called for a general st