35 Burst results for "Thomas Bach"
Bloomberg Radio New York
"thomas bach" Discussed on Bloomberg Radio New York
"Brad Siegel. And Susanna Palmer in the Bloomberg newsroom, Amazon confirmed to Bloomberg news that the online retailer is pausing construction on its second headquarters near Washington. That's a decision that coincides with the company's deepest ever job cuts and a rethinking of office space in a time of growing remote work. Meantime, Amazon is closing 8 cashierless Amazon go locations in New York Seattle and San Francisco. We get the story on that from Bloomberg's Charlie pellet It marks the ecommerce giants latest round of cost cutting amidst slowing sales growth, the company said the affected stores will remain open until April 1st. An Amazon spokesperson said like any physical retailer we periodically assess our portfolio of stores and make optimization decisions along the way. Charlie pellet Bloomberg radio. U.S. docs ended the week on a high note driven by speculation that the Federal Reserve won't raise interest rates beyond peak levels already priced in a rally in the S&P 500 on Friday helped to snap a three week losing streak. Alexandra Wilson, elizondo was head of multi asset funds at Goldman Sachs. She says the fed has a delicate balance as it looks at further hikes in the fed funds target rate. You start moving to 50 basis points, it could be a sign of panic that, okay, we don't have inflation under control. We are behind the curve. And we think that that's going to keep them reined in a little bit. We're lying on that. It takes time. We're going to be higher for a longer story. For the week, the S&P 500 rose 1.9%. The Dow gained 1.7% this week. The NASDAQ rose 2.6%. The Paris Olympics don't kick off for another year and a half, but there are growing calls to ban Russian and Belarusian athletes from the 2024 event. And some European countries are even threatening to boycott the summer games because of Russia's invasion of Ukraine. But speaking in Havana yesterday during a two day visit to Cuba, IOC president Thomas Bach said, while they're seeking solutions for Russian and Belarusian athletes, there's still no decision on the matter. There are consultations on the way. It's a way too early to speak about any kind of boycott. Your utility bills are high, but you are not alone across the pod thousands of warm hubs have sprouted up in Britain as high energy bills fuel a cost of living crisis. One of them is in the foyer of the other place theater in Shakespeare's birthplace of Stratford upon Ivan, offering a cozy refuge from winter. The Royal Shakespeare Company set up the hub to welcome people one day a week who may be struggling to keep their homes because of sky high energy prices, worm hubs like Britain's food banks are a crisis measure showing signs of becoming permanent. Utility bills for many are set to rise by another 20% on April 1st when a government set price cap goes up. Global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. I'm Susanna Palmer. This is Bloomberg. This is Bloomberg law. What argument did the ACLU use the challenge the law? Can Congress force a judicial code on the justices? Either views would prominent attorneys in Bloomberg legal experts. My guest is former federal prosecutor Robert mince, joining me is Bloomberg law reporter, Kyle channer. And analysis of important legal issues, cases in headlines. Is it unusual? A grand jury like this to suspect people aren't telling the truth. One of the first times the Justice Department has called for the
AP News Radio
IOC's Bach says Olympics on history's side in Russia issue
"Ukrainian president volodymyr zelensky says Russian athletes have no place in Olympic competition, but they would win top prize elsewhere. If the Olympic spores were killings and missiles strikes. But the head of the International Olympic Committee, Thomas Bach says. They've been advised by the UN, they can't discriminate against athletes from Russia and Belarus. History will show who is doing more for peace, the ones who try to keep lines open and to communicate and the ones who want to isolate or divide. During World War II, Germany and Japan were excluded from the 1948 London Olympics. I'm Jackie Quinn
Bloomberg Radio New York
"thomas bach" Discussed on Bloomberg Radio New York
"And I'm Paul Allen in Sydney where we are expecting the ASX to open lower when trading gets underway at the top of the hour futures currently weaker by 8 tenths of 1% Nike futures weaker by about 1% and this is after we saw equity markets in the U.S. posting their third consecutive day of declines. Not that the fed particularly cares we heard from Neil kashkari yesterday, saying he was happy to see some selling going on in the stock market. We've heard from three other fed speakers as well on the 24 hours since we'll talk a little bit more about what they had to say in a moment, but Richmond fed president Thomas Bach and summing up the sentiment nicely saying the fed's going to do whatever it takes to get to that 2% inflation target. We saw some better than expected numbers for U.S. consumer confidence and job openings as well, so there's plenty of room for the fed to tighten going ahead, although perhaps we're yet to see some of the impact of the tightening that's taken place already as suggested by one of our guests earlier. Let's take a look at what else is going on. We've got the oil price easing off a little, stress on a little was still about $90 a barrel 91 94 for a barrel of West Texas right now. We've got natural gas prices just ease off slightly as well and again emphasis on the slightly we did get news from the EU today saying that it will intervene in energy markets if necessary mechanism not in place for it to do that yet, but the sentiment is clearly there. The EU though has reached guest storage goals two months ahead of schedule, so these two factors combine to push natural gas prices just a little lower. We've got the U.S. ten year last traded at three ten to two year three 44, the yen sil week against the greenback one 38 74 as is the yuan the offshore offshore yuan continuing to depreciate against the dollar 6 92 32 and as always the onshore fixing going to be very closely watched later on as are China's PMIs for the month of August 3rd you have later on as well. Manufacturing PMI likely to improve but still a negative territory while more manufacturing PMI likely to see a bit of easing in August as well. That is your market update. I skipped died Chris now for a chick of a global news duck. Hey Paul
Bloomberg Radio New York
"thomas bach" Discussed on Bloomberg Radio New York
"It is 9 30 a.m. in Hong Kong and here in Singapore, I'm Juliette Sully. And I'm Doug Krishna at the Bloomberg interactive broker studio in New York, fair amount of positivity and equities across the apac region, particularly in Hong Kong where the hang sang in the opening moments is up more than 1.3%. What the heck is going on will check in with Brian Curtis momentarily for a closer look at the market action. Right now, a few of the sours top business stories. Well, fed laid as pledging an aggressive fight to cool inflation on CNBC said Louis fed president Jim bullard said he favors front loading big rate hikes. He said this could help the booster fed's inflation credibility. Meanwhile, fed presidents Thomas Bach and of Richmond and Neil kashkari of Minneapolis both said the fed is far from done, and they warned a recession could be the outcome. Kashkari also throwing cold water on the notion of rate cuts next year. Some financial markets are indicating that they expect us to cut interest rates next year. I don't want to say it's impossible, but it seems like that's a very unlikely scenario right now. Given what I know about the underlying inflation dynamics are more likely scenario is we would continue raising and then we would sit there. And kashkari said it is still possible for the fed to achieve a so called soft landing. Meanwhile, San Francisco's Mary Daly said the fed can counter inflation without triggering mass unemployment and an economic downturn. Well, after the bell we learned that Walmart is cutting about 200 corporate jobs, the retail giant cited rising cost bloated inventories and weakening demand for general merchandise. It was only last week. Walmart slashed its annual profit forecast for the second time in less than three months. Meantime, we are told Walmart will be adding some jobs in certain areas that will include ecommerce health and wellness, add sales and, of course, the supply chain, you know, so far this year, Walmart shares are down nearly 10%. Self bank has raised as much as $22 billion in cash through the sale of pre played forward contracts using Alibaba shares. This reported by the Financial Times, the report saying SoftBank has executed the sale of about a third of its Alibaba mistake through these contracts so far this year. SoftBank has used its Alibaba shares to engage in complex derivatives transactions for purposes which include hedging exposure. So bank shares up by 2% in early trade and of course we're looking at Alibaba to opening up by 5.4% in Hong Kong. Uber has sold its minority stake in the Indian food delivery company's ometo, data from India's BSC stock exchange show. The deal was valued at around $390 million. Now, this sale does represent Uber's exit from the Indian food delivery market, and now Bloomberg intelligence is saying offloading the stake may be a precursor to Uber exiting from more unprofitable delivery markets. Well, we saw a gain on the hang scene on the open as you mentioned, but Macau stocks under pressure. Let's get all the latest with Bloomberg's Brian Kurt as Brian. Right, Asian stocks are higher, Jules, the rally is being stoked by earnings and strong economic data. And that suggests that talk of recession is probably a little out of step with the magnitude of the current slowdown. A bet's on further fed rate hikes pushed up shorter maturity treasury yields. We've got the yield on the two year at 3.06% and the yield on the ten year all the way down at 2.69%. So we just mentioned some of the rallies Hangzhou index up more than 1.6% now and the CSI 300 in China is up half a percent. The tech index powered by those numbers that Jules just gave you on Alibaba and saying tech index is up to and a half percent, Tencent is rallied as well up 1.6%. But there's a very interesting story I wanted to tell you about. So I use some time on this AMT digital. Ever heard of it? Well, it's a Hong Kong based company that's listed in New York and listed just around three weeks ago. Its share price has surged so much that its market cap is more than $200 billion now. And it means that it's worth more than Wells Fargo, Morgan Stanley, and Goldman Sachs. And it only reported $25 million in revenue for the year ending in April of 2021. At least on paper, that makes it the 5th biggest financial company in the world after Berkshire Hathaway, JPMorgan, Bank of America, and ICBC. What does it do? AMT the digital develops digital businesses, including financial services. Briefly, looking at some other numbers for you this morning, we're looking at the ten year while I mentioned the ten year yield slipping a little bit this morning oil is now trading at 91 32 and right now that is a little bit of a bounce off levels of around 90 that we saw. U.S. inventories up there and being blamed for that. Gold $1785 and 60 cents a Troy ounce. And just briefly looking here at some of the leading share prices in the hang seng index because that is really the biggest mover today. Right now we've got wuxi biologics up more than 5% this morning along with gigli automobile and as Juliet mentioned, we're seeing some selling in some of them account named sans China down 1.6%. Juliet back to you. Thank you, Brian. It is 35 minutes pass the out time for global
Bloomberg Radio New York
"thomas bach" Discussed on Bloomberg Radio New York
"In interviews So we're just trying to learn more We're definitely keeping a close watch on IOC president Thomas Bach and his movements in the bubble Moriel quicktake reporter in Beijing who's currently at those Winter Olympics I hope you enjoy the snowboarding event and the final thank you so much for that update there Global news 24 hours a day on air and on Bloomberg quick take powered by more than 2700 journalists and analysts in more than 120 countries and Leanne guerin's this is Bloomberg Caroline very interesting both the sports and the politics out of Beijing in this Winter Olympics around Lee and going thank you so much for that Right let's talk a bit about UK politics as Boris Johnson battles to move on from party gate and overhaul his image He's trying to focus on delivering key policy particularly the conservatives much touted aim to level up the country Now the leveling up white paper was published last week after a delay of a year more than 330 pages with a dozen ambitions for the government to reduce persistent regional inequalities in Britain and evolve greater powers to local leaders Supporters see ambition critics a lack of funding while on Bloomberg Westminster on Friday in our special program diving into this big piece of work you and Potts and I spoke to lord Jim O'Neill Now well known economists of course he's also vice chair of the northern powerhouse partnership amongst many of his titles and that is the leading voice for business leaders across the north of England So he asked him Was it 330 odd pages As I've said elsewhere in the past 24 hours it was a bit like plowing through a PhD paper And it has the hallmarks link to what you said also of one of the key authors on the alda in the X chief economist of the Bank of England As well as an important person with a bit of history here Neil dryer that British MP that used to be a special adviser on the evolution to George Osborne has Chancellor when I was in the treasury So in that regard I think is a piece of the lengthy document about what one would write in trying to deal with a bizarre country like the UK particularly England on the evenness of our society and economy It's actually surprisingly good in my view It's reminiscent of reminds me in some way of the city's growth commission report which I led 80 years ago which sort of got me into the middle of all of this So it's interesting It's interesting And yes it is interestingly written and it gives you the history But as an economist Jim can you take the plan seriously as a deliverable agenda not just a PhD thesis Well it's a bit weird I don't know what's happening to me this week but I'm amongst many that don't find it not difficult to criticize this government about virtually anything but there is more in it and around it than a lot of people expected partly because as again as I'm sure you're aware it has been divided for a good year It firehouse subs a portion of every purchase helps provide lifesaving equipment to first responders We make our subs differently because our subs can make a difference Like our fan favorite turkey bacon ranch.
Bloomberg Radio New York
"thomas bach" Discussed on Bloomberg Radio New York
"In Asia the dollar rallied we've got the Bloomberg dollar spot index up a half of 1% a much weaker yen now at one 1470 Chicago Nike futures though essentially flat relative to yesterday's clothes in Tokyo and after a holiday yesterday we've got the market in Australia pushing higher with the ASX 200 better by about 6 tenths of 1% We'll take another look at market action in 15 minutes Let's get global news at Baxter is in the Bloomberg 9 16 newsroom in San Francisco Eddie All right we're just in the past few minutes Douglas Yonhap is a reporting out as up on the Bloomberg terminal that North Korea has fired another projectile toward the east sea We will get you a more details on that NATO secretary general is suggested meetings with Russia to talk about its concerns Meanwhile direct talks between Russia and Ukraine today both sides saying small improvement to new talk schedule in two weeks U.S. Secretary of State Antony Blinken says the U.S. has delivered a letter to Russia to see whether Russia is serious about talking and resolving the issues U.S. meanwhile is urging Americans in Ukraine to consider departing now China is saying that a U.S. bid to let us diplomats exit the country during the pandemic defies logic U.S. says it's concerned with China's tightening epidemic measures while waiting for results of the UK party gate investigation prime minister Boris Johnson says he is not resigning and will fight on And IOC president Thomas Bach says he will meet with tennis player During the Beijing games In San Francisco I'm at Baxter this is Bloomberg art rich All right and getting back to our guests with a half hour James about it managing director and chief investment officer at a center asset management So James I mean there were a lot of let's say an answer questions from Jay Powell earlier of course when he back to march liftoff and didn't rule out a lot of things and didn't really in a lot of things as well So how much of this is also I was giving him as much wiggle room as possible Well I think one of the things that's happened is the failure of build back better not passing and being maybe on permanent hold is that deficits are going to be more friendly And that's going to give the fed the ability to actually be more aggressive in tapering its purchases of bonds and ending QE sooner I think that's one key thing to take out of the flexibility argument that he has I think one thing that we have to always go back to however is the fact that we've turned the treasury market from the risk free rate of return into the return free risk environment And one of the great underreported stories last year which came out of CalPERS which is the largest pension fund is that they codified permanent use of leverage to meet their return targets Why Because the returns that they were able to generate off of fixed income investments and there are other investments in your portfolio It was just simply too low to meet their environment And what that really does is expose them a level of low interest rates where convexity leads to potentially higher drawdowns Let's not forget counters is the same pension plan that took its S&P puts off in February 2020 So maybe that's an indication for people to be aware of risk in the bond market Back to companies you mentioned the importance for them to manage their profit margins well And does that mean that for the companies that actually went on a spending spree anticipating really strong growth this year companies like Intel that this is now going to become a tough year and can that guide our investing It's potentially correct in the sense that what we're looking at and the point that you raised about Kimberly Clark before the break was spot on is that you have to remember is that return on capital which is what really drives stock prices And I would like to get back to the basics Is profit margin times asset efficiency So companies that are unable to basically offset the decline in profit margin with better asset efficiency I think are going to struggle this year Now one company that reported today was Archer Daniels Midland the big grain processor It came in with flat profit margins because of pricing pressure on its input costs and labor and so forth However it's return on assets return on capital was higher because of better asset efficiency So I think those are the names that you want to gravitate towards as well as companies that have the ability to capture nominal sales growth from inflation Absolutely It's just a pivot to defensive in some ways Is what you're saying here in essence Yes I think this is going to be a year And I don't think this is a great analog to the year 2000 but as the last time I was on a month ago we were talking about a potential collapse in the NASDAQ Now it's actually happened And it's very much akin to what happened in April 2000 in the NASDAQ but people forget that the real peak in the market for the S&P anyhow wasn't until late August early September So I think the vix reaching over 35 on Monday was kind of the crashes over for now And I don't think we're at a point now where we're going to see the same type of movement I think we go sideways and maybe I think our desire is to make money when we can and preserve capital when it's most needed So flat might be the new up for at least the time being here So what about supply constraints Is that something that does get sorted sometime in the middle of this year or does it last until next year No I think it keeps going for a long time and this is really a point that I think people have misunderstood in terms of the supply constraints in basic industry infrastructure energy and other places And whether it's Omni krom or other variants coming up growth scares.
Bloomberg Radio New York
"thomas bach" Discussed on Bloomberg Radio New York
"The big money issues in the world of sports I'm Michael Barnes And I'm Mike lynch Coming up today we go to the brand spanking new UBS arena the new home of the New York islanders for a conversation with majority owner John ledecky and Shaq I said Shaq That's with a cue That's right Stay tuned for that moment with Shaquille O'Neal coming up Straight ahead on the Bloomberg business of sports show But first let's look at some of the top stories of the week And let's begin with a story that had a lot of people concerned and still has a lot of people concerned and it involves Chinese tennis star ping schwa She had been missing for many days several days at least in November because she had put out on her post on social media that she had been sexually abused by a high ranking member of the Chinese government And right after that they shut down her post and you didn't hear from her for several days Well just recently the IOC conducted an interview with ping she says that she's fine and she's grateful for all of the well wishes she would like people to respect her privacy But here there are a lot of questions about this because one it was supposed to that interview put to rest many things about concern about her but it kind of did the opposite because many people are now wondering why can't we get a hold of her Why can't we talk to her When she independent news organizations are not allowed to talk with her and really it's very concerning Well the number one question is she safe right now She claims she said home but no one's been able to see her and verify that The interview was a video conference by the IOC president Thomas Bach and many including me see it as a propaganda move So that sponsors will not pull out of the games which are only three months away by the way and the games will go on The Chinese government always suppresses dissent and we've seen several examples of that most recently especially with canter of the Celtics and he spoke out against the government and they pulled salt exchanges off their streaming services So there's a lot of unanswered questions in this story and I think if I'm a big sponsor of the games in Beijing in February I'm looking very very carefully at this Well somebody else is looking very very carefully at this and that's a lot of sponsors There's a lot of money involved with this The IOC honest They don't want to disturb the sponsors in there about more than a dozen major league sponsors including Coca-Cola you're talking billions of dollars here so they're hoping to put the sponsors minds at ease The question is have they done it lynching I don't know I don't think they have That's why I think a lot of these big sponsors are just they've hit the pause button right now on commitment and I would not be surprised if the story is not more clarity to this story There's going to be some real threats and it could come from government President Biden even hinted last week that there's a chance that the United States may boycott the games Let's talk about something maybe a little more happier Odell Beckham junior he signed with the rams Now let's take it back to the story in case you don't know He was with the browns earlier this season only a few weeks ago and let's say the marriage didn't quite work So OBJ is set free and then the ram said hey you want to come on over here Sure Now the irony of the whole thing is well we were all thinking at the time well where is OBJ going to go Because you have Robert Woods Nope you don't have Robert Woods now because he suffered a season ending injury and now that opened up the lane for OBJ what do you think about all this Well he's signed a deal with cash app as did Aaron Rodgers and he wants to have all his 100% of his pay this year now the piece of the season's more than half over right now So he sold about $4 million And he wants it all In Bitcoin all of it and he has pledged a $1 million to be slipped between some of his followers on Twitter And I did go on Twitter I love you o-b-gyn You always met my man My favorite guy I was curious to see how it worked But it's.
Bloomberg Radio New York
"thomas bach" Discussed on Bloomberg Radio New York
"Exactly right Paul Chancellor Angela Merkel says the worse the nation has ever seen She says hospitals could be overwhelmed dramatically increases every day for the past two weeks While the U.S. has raised its travel alert now to Germany to a level four urging people not to travel there U.S. has seen a case increases well cases at 18% increase day to day in a week That's cases 9 to 2000 per day hospitalization 6% increase Deaths at 1000 a day CDC director doctor Rochelle Walensky says very good reason to get boosted CDC is continuously monitoring the state of the pandemic and our current surveillance shows a rise in cases over the past few weeks Heading into the winter months when respiratory viruses are more likely to spread And with plans for increased holiday season travel and gathering boosting people's overall protection against COVID-19 disease and death was important to do now Now today's briefing doctor Anthony Fauci was asked whether boosters will be needed every 6 months He said the honest answer is they do not know yet You may not need to get boosted every 6 months or so But if it does wane which I hope it doesn't then we will address it It being efficacy members of the task force say enjoy the holidays but use common sense and do safely Australia's New South Wales records 173 new COVID cases in the past 24 hours Victoria state 827 Cases in Singapore have fallen for a 5th straight day The country is moving to relax some restrictions New Jersey schools are saying increased cases and students K through 12 since the second week in November New York City says it will be more aggressive and pushing vaccinations as a weather turns colder and people stay indoors China's media now has blocked all references to tennis playing star Pong Shanghai allegations that the former vice premier John gali is pressured her to have sex She reportedly has reassured IOC president Thomas Bach that she is safe Meanwhile pro tour stars Serena Williams and Novak Djokovic have demanded to know her whereabouts In Northern California suffering from an organized crime ring of retail robberies over the weekend a caravan of cars carrying 80 to 100 people converged on several high end retail stores broken grabbed everything they get their hands on Governor Gavin Newsom says it's organized crime and it has to stop and measures have to be taken These people need to be held to account We need to investigate these crimes We need to break up these crime rates And we need to make an example Newsom says Newsom says business can not be this easy.
Bloomberg Radio New York
"thomas bach" Discussed on Bloomberg Radio New York
"At the federal workforce vaccination data makes one thing obvious Vaccination requirements work They encourage more people to get vaccinated Vaccination requirements are good for workers and the economy They protect our communities and country And they will accelerate our path out of the pandemic And the task force is encouraging people to enjoy the holidays but please to be safe New Jersey schools are saying increased cases and students paid through 12 since the second week of November Governor Phil Murphy says the state as a whole is showing an increased transmission rate Australia New South Wales records 173 new cases in the past 24 hours Victoria state 827 South Africa cases beginning to climb on November 20th at the highs confirmed case count since October 14th Pfizer and BioNTech say their vaccine is demonstrated 100% efficacy against COVID-19 in longer term analysis with no serious safety concerns identified China's media now has blocked all references to tennis players allegations that former vice premier John galli pressured her to have sex Bloomberg's Jenny marsh says it's unusual for these kinds of allegations to be made public It's highly unusual for anyone to speak like a private lives and retired officials particularly some of Jan gali he was so high up in the Communist Party So you would expect China to react like this to compete not speak about it Yeah Pong reportedly has reassured IOC president Thomas Bach that she is safe Meanwhile a tour stars Serena Williams and Novak Djokovic have demanded to know her whereabouts and are concerned for her safety In San Francisco I'm at Baxter this is Bloomberg Paul All right thanks very much I guess for the half hour is Paul Merkel global FX research hit at HSBC And Paul we saw a pretty decent jump in the Bloomberg dollar spot index following pals reappointment as the fed chair You tell us what signal you see this sanding to the markets Well I think this idea about consistency is it's just reaffirming that the fed is still going to be pivoting to more hawkish hawkish stance Now the language has already been increasingly evident whether from Powell or other members over the last the last few months But the way that we view it is it's clearly dollar positive Yes bitch stacking up now that we're going to see one maybe two rate hikes next year What are your expectations around this And where do you see the dollar ending at 2021 Well I mean our view on the dollar has been very much a positive one for a number of months now And I think that that's going to remain the case since the end of this year but as you continuing next year And I think that I think the market is probably going to have to recalibrate its expectations possibly even further come to December fed meeting because that's when we're going to get new growth and inflation forecasts from the fed new signals in terms of what the dots could be suggesting So the market clearly has expectations about how many rate hikes could be coming through in 2022 But still there's more room for things to be heating up even further on that front Second I put you on the spot to you in the zero one two more than two rate hikes next year I think right now that the market pricing are looking for potentially two maybe even three is where rational thought is centering on And I think that that makes sense that this juncture But for people still thinking it's going to be some point in late 2023 or something like that That's what the increasingly increasing shaky A little bit closer to this part of the world in the Asia Pacific We've got an Abbey and Z statement tomorrow The consensus is for a 50 basis point hike 25 might be a dovish possibility What do you sit on this And what's the risk of a downside surprise and an impact on the kiwi dollar Well our house used that we're thinking that they're only going to raise rates by 25 basis points So it does seem that the hawks are very much circulating in many different central banks these days around them that is and I think we need to be a little bit careful here because yes I mean the outlook for New Zealand and our BMS policy that is is that inflation expectations have indeed been rising but a lot is actually already been factored into the rate curve in terms of how much heightened there could be over the next one to two years So we think it's going to be more of a slower start for them rather than jumping the gun and starting with something like 50 basis points If you're looking for carry options how appealing is the key at the moment It's not one of our preferred currencies I mean look in the context of so called G ten currencies Yes it may be flashing from a level perspective higher than some others That's obvious But I think where there's a potential for some catch up in terms of rate repricing to support the respective currency could be the Aussie dollars So we're more the other way of the outlook for antipathy and currencies you like yogi dollar more than the kiwi dollar And this is something where I'm not in a short term basis.
Bloomberg Radio New York
"thomas bach" Discussed on Bloomberg Radio New York
"Nation has ever seen On the authentic hospitals could be overwhelmed dramatically increases every day for the past two weeks She says U.S. has raised its travel alert meanwhile to Germany to a level four urging people not to travel there at all U.S. is seeing a case increases well cases 18% increase day to day in a week 92,000 per day hospitalization 6% increase deaths at 1000 a day CDC director doctor Rochelle Walensky says very good reason now to get boosted CDC is continuously monitoring the state of the pandemic and our current surveillance shows a rise in cases over the past few weeks Heading into the winter months when respiratory viruses are more likely to spread And with plans for increased holiday season travel and gathering boosting people's overall protection against COVID-19 disease and death was important to do now Today's briefing doctor Anthony Fauci was asked whether boosters will be needed every 6 months He said the honest truth is they don't know yet We may not need to get boosted every 6 months or so But if it does wane which I hope it doesn't then we will address it It being efficacy members of the task force say enjoy the holidays but use common sense and do it safely Australia northwest northwest South Wales reports 173 new cases in the past 24 hours Victoria state 827 Cases in Singapore have fallen for a 5th straight day The country is moving to relax some restrictions New Jersey schools are saying increased cases and students K through 12 since the second week of November New York City says it will be more aggressive and pushing vaccinations as the weather turns colder and people stay indoors Britons are being told family holiday plans will go ahead as normal pre-pandemic no virus curves the government banking and its are on its booster program China's media and I was blocked all references to a tennis player Pong showy Shu Hai should say allegations at former vice chair John gali pressured her to have sex She reportedly has reassured IOC president Thomas Bach that she is safe Meanwhile pro tour star Serena Williams and Novak Djokovic have demanded to know her whereabouts And Northern California suffering from an organized crime ring of retail robberies over the weekend a caravan of cars carrying 80 to 100 people converged on several high end retail stores broken grabbed everything they could get their hands on governor Gavin Newsom says it has to stop and measures are going to be taken He says businesses can not be this easy to target And Jeff Bezos has donated $100 million to the Obama foundation This brings his philanthropic free to almost $600 million so far this year In San Francisco I'm at Baxter This is Bloomberg Brian My Chad from Dow Jones that Samsung has chosen Taylor Texas for its $17 billion chip making plant and also China will regulate online information of entertainment celebrities so there you go We'll take a closer look at those stories in a moment The time now is 38 minutes past the hour and it's time for a global sports Let's get to Dan Schwartzman down I know we got Monday Night Football coming up and Taysom hills looks like he's ready for a new deal Lots of sport You take it That is an interesting.
Bloomberg Radio New York
"thomas bach" Discussed on Bloomberg Radio New York
"Germany experiencing what the Chancellor is saying is a dramatic surge in COVID cases Let's get to Ed backs He's got global news Yeah Chancellor Angela Merkel riff says the worst the nation has ever seen There's hospitals could be overwhelmed Every day for the past two weeks she says The U.S. has seen a case increases well Cases and 18% increase day to day in a week 92,000 per day hospitalization 6% increase deaths at 1000 a day CDC director doctor Rochelle Walensky says very good reason to get boosted CDC is continuously monitoring the state of the pandemic and our current surveillance shows a rise in cases over the past few weeks Heading into the winter months when respiratory viruses are more likely to spread And with plans for increased holiday season travel and gathering boosting people's overall protection against COVID-19 disease and death was important to do now At today's briefing doctor Anthony Fauci was asked whether boosters will be needed every 6 months He said the honest truth is they don't know yet He may not need to get boosted every 6 months or so But if it does wane which I hope it doesn't then we will address it It being efficacy of members of the task force say enjoy the holidays but use common sense and do it safely Australia New South Wales records 173 new cases in the past 24 hours Victoria state 827 cases in Singapore have fallen for a 5th straight day The country is moving to relax some restrictions New Jersey schools saying an increase in cases and students K through 12 since the second week of November New York City says it will be more aggressive in pushing vaccinations as the weather turns colder and people stay indoors Britain's being told family holiday plans will go ahead as normal with no virus curbs The government banking in its booster program China's media has now blocked all references to tennis playing Pong suiza allegations that former vice premier Jean jalis pressured her into having sex She reportedly had reassured IOC president Thomas Bach that she is safe meanwhile pro tour stars Serena Williams and Novak Djokovic have demanded to know her whereabouts Northern California is suffering from an organized crime ring on retail robberies over the weekend a caravan of cars carrying 80 to 100 people converged on several high end retail stores at different times broke and grabbed everything they could get their hands on Governor Gavin Newsom says it has to stop and drastic measures need to be taken These people need to be held to account We need to investigate these crimes We need to break up these crime rates And we need to make an example out of this folks Newsom says businesses can not be this easy at.
Bloomberg Radio New York
"thomas bach" Discussed on Bloomberg Radio New York
"Out what to do in order to curb this appreciation and in commodities Brent crude dipping below $80 a barrel Japan is the latest country to debate whether to release strategic oil reserves That's the Bloomberg radio business flash Here is Liang guerin's with the world news morning Leanne Good morning Laura and thank you thank you Austria is waking up today to its fourth national lockdown since the start of the pandemic residents will only be allowed to leave home for work essential shopping and exercise with restrictions and place until mid December Dutch police and protesters clashed for a second item a demonstrations against tightened virus restrictions and several European countries thousands also took to the streets of Belgium's capital Brussels on Sunday Here in the UK the government's facing a rebellion from many of its own MPs later over planned changes to social care many charities have worn the way a cap on care costs will work will mean those and worse off areas will be the hardest hit And the fiance of murder journalist Jamal Khashoggi is calling on Justin Bieber to cancel his concert in Saudi Arabia The singer is among a host of stars set to perform at the kingdom's first a Formula One Grand Prix Khashoggi a prominent critic of the Saudi regime was murdered at its consulate in Istanbul in 2018 Sally crown prince Mohammed bin Salman denies any involvement in the journalist's death Global news 24 hours a day on air and on Bloomberg quick take powered by more than 2700 journalists and analysts in more than 120 countries and the anger guerins This is Bloomberg Tom Leanne thank you very much indeed Okay after weeks out of the public's eye and after expressions of concern from the world's tennis stars Chinese player punctual held a 30 minute call with the International Olympic Committee where she assured the group's president Thomas Bach that she is safe But Chinese media has blocked all references to pung's allegations since she posted her 1500 character essay accusing former vice premier Zhang Ali of pressuring her for sex To unpack this saga we are joined by Bloomberg China government reporter Colin Murphy column thank you for joining us What do we know about this call between punctual and the IOC And to what extent does it alleviate some of these concerns about her well-being Right so we know that it was about a 30 minute conversation and that there were two IOC officials there including Thomas Bach And on the other side there was of course punk and she was also accompanied by a friend So it does allay some of the fears that about her physical safety But the big issue here of course is whether she's free and whether she can continue to speak or have a chance even to speak about what's happened to her and try to find some sort of solution in a resolution to that situation that she's found herself in And people are column suspicious of the recent videos of WeChat posts Yes I mean it's not help that the degree of amateurish sort of approach to the different messaging that's come out over the past week Last week of course we had a letter that come from the women's tennis association But over the weekend we had some more items We had a WeChat post so we had a video at a restaurant et cetera and so forth and her appearance at a tournament on Sunday morning All of which were not sufficiently convincing frankly speaking because she didn't really speak on her own accord It wasn't posted to her own WeChat moments For example so the question is why is everything being expressed through other people or other sort of organizations Why can't she just speak for herself Column is it your sense that the authorities think they've done enough to kind of put this story to bed or was there more they're more steps that Beijing and the propaganda ministry officials they could take Well the foreign ministry has been typically sort of sidestepping questions all of last week And from what I hear today I wasn't there myself but my colleague was you know there's been no major advancement on that So there's still definitely trying to keep a tight lid on this I mean what the world really needs is for to be able to reach out to her association which is the WTA and speak to them frankly they're the ones that have said quite clearly what they need to be reassured and instead she's reaching out to the IOC So that's quite confusing Of course an interview with foreign media would do a lot to LA concerns but you know the question is that going to happen and not as obviously not very clear whether that's going to happen But yeah even more discussion on social media by Chinese people themselves who we saw a little bit more of that You know these all of these things together would help to sort of reassure people that she's okay Connor thank you so much for being with us That is a bit of a China government report of Colin Murphy Yes and still the question really about whether this threatens really the Beijing went to Olympics that seems to still be one of the key questions.
AP News Radio
Mixed bag: Erratic Pandemic Olympics come to a nuanced end
"Carol rigor of Seattle four time Olympian the javelin let American athletes into the Olympic Stadium to close up the seventeen day event at a ceremony rich in Japanese tradition but due to the pandemic attendants confined to athletes coaches and officials in all the you must finish first of both total gold medals and overall medal count thirty nine first place showings and one hundred thirteen total medallions IOC president Thomas Bach cold in the world to meet again in Paris at twenty twenty four as the Olympic flame was extinguished I'm joined other
AP News Radio
Japanese PM Suga Says World Should See Safe Olympics Staged
"Japan's prime minister says the world needs to see his country can stage a safe Olympics prime minister Yoshihito Sugata says the Olympics marked a turning point and then after a long tunnel and exit is now in our site Thomas Bach is chair of the international Olympic committee the Olympic Games Tokyo twenty twenty we'll give you amenity faith in the future Tokyo is under a corona virus state of emergency these athletes tray of the experience of perseverance with the people of Japan now the stage is set well the athletes to shine and inspire the world in Tokyo in nineteen seventy four year old for mako Torah Morrow says this is a gloomy unclear Olympics it was forced against the people's will there I think it will be remembered as a gloomy one sugo said the health and safety of the Japanese people and the Olympic gassed from overseas will be protected I'm a Donahue
Le Show
Medals Presented to Athletes on Trays at the Olympics
"The tokyo olympics. Well it'll be a lot of things but it will provide a model for hosting the games during a pandemic. that's going to happen again. I'm probably saw that's from tokyo. Twenty twenty ceo toshiro muto. This will be. The first olympic hell during a pandemic and tokyo will provide a model for how that is done. Muto said get the playbook now. The twenty twenty olympics are going to look a lot different than normal notably. They won't be any fans in attendance of course but viewers will notice a very significant change to another longstanding tradition. According to sporting news athletes will no longer received their medals by having them placed around their necks in stacked no. Don't get ahead of me here. Extent they will be presented on a trade to help reduce the potential spread of covert ioc. President thomas bach confirmed that the medals will not begin around the neck. He said according to the espn they will be presented on a trade. The athletes will take the metal him or herself. It will be made sure the person who will put the metal on trae. We'll do so only with disinfected gloves. So that the athlete can be sure that nobody touched them before. Bach also confirmed. There won't be contact among athletes during the medal ceremony. There will be. He said no shake hands and there will be no hug there during the ceremony. The athletes will place the metals around their own necks.
AP News Radio
IOC's Bach Gets Mixed Reaction in One-Day Visit to Hiroshima
"International Olympic committee president Thomas Bach got a mixed reception in his visit to Hiroshima in Japan this is he met with an atomic bomb survivor everybody wears been here and to estimate this experience and has got this inspiration we'll leave here Russia as an ambassador for peace the Olympics start next week in Tokyo the city is under a coronavirus state of emergency there were protesters in her Rocha do you want to you know this you Kiana she because mother was an atomic bomb victims he says he's opposed to the Olympic Games saying as you can see from box actions they are trying to use the sports to make money Bach repeated the games in Tokyo will be safe and secure I'm a Donahue
AP News Radio
IOC's Bach Arrives in Tokyo; Greeted by State of Emergency
"As the international Olympic committee's most senior official gets the Tokyo he's greeted by state of emergency plans IOC president Thomas Bach touchdown to find Japan's prime minister the few Heidi suka set to declare a state of emergency which is likely to result in a ban on fans after the Tokyo Olympics as coronavirus infections spread across the capital backs arrival comes just two weeks before the postponed to Tokyo Olympics is set to open the IOC I'm local organizes are attempting to hold the games during a pandemic despite opposition from the Japanese public and medical community I'm Charles de Ledesma
AP News
"thomas bach" Discussed on AP News
"An infrastructure bill among the 10 of us, uh there is a tentative Agreement on a framework. But obviously there's salon ways to go in Washington today. As part of a plea deal, Emma Cornell Espero, the wife of Mexican drug lord Joaquin El Chapo Guzman, pleaded guilty to charges she helped her husband run his multibillion dollar criminal empire. Jeffrey Lichtman is as sparrows attorney. She was a very Minimum participant in this, as noted in the plea agreement, minimum participants the CDC is investigating what appears to be higher than expected reports of heart inflammation in male teens and young adults after they get a second dose of the Pfizer and Moderna vaccines. Police near West Palm Beach, Florida say a man shot and killed a woman and a child inside a supermarket before killing himself. Investigators in Florida believe the shooter and the victims may have known each other. This is a P news. Prince Charles met with John Kerry, President Biden, special climate adviser and business leaders ahead of the G seven summit. His enthusiasm For this partnership between G seven leaders and CEOs. Thank yourselves made, perhaps even if ever taken mind, Prince Charles champion, the environment and climate change for decades. We do have a I think potentially Game changing opportunity to drive forward the partnership. Between government business and the Private sector, International Olympic Committee President Thomas Bach says after an executive board meeting. Brisbane, Australia can be awarded hosting rights for the 2032 games as the only candidate proposed at a meeting ahead of the Tokyo Olympics. Bach praised Australia as a sport loving country with strong support from layers of government. I'm Ed Donahue. AP News.
The Economist: The Intelligence
Game On: The Tokyo Olympics
"After years. Delay the twenty. Twenty olympics are scheduled to begin in tokyo on july twenty third yesterday. Thomas bach the president of the international olympic committee appeared in tokyo video to reassure an uneasy public about the same as games. I can only emphasize these foreign commitment. Offer the to organize together save olympic and paralympic games for everybody but in a survey released in japan this week more than eighty percent of respondents said the event ought to be delayed or cancelled entirely. Much of the country remains under a state of emergency. During a wave of infections on the whole japan has avoided the worst of the pandemic so far it's recorded fewer than twelve thousand total deaths since the beginning of the pandemic. Thanks in part to some stringent border controls that have been in place since last spring. Never snyder is the economist. Tokyo bureau chief but over. Two thirds of those catalyses have come this year in twenty twenty one. The countries in the midst of what. They're calling a fourth wave fueled by more infectious strains particularly the be one seven i discovered in britain and some regional health systems have been under real strain in recent weeks. What about vaccinations. How are they going in a word slowly. Less than two percent of japan's population has been fully vaccinated. that's the lowest rate amongst the thirty seven members of the oecd club of mostly rich countries. And what's most striking is the source of the problem. It's neither supply. The european union has authorized the export of more than fifty million doses to japan. Nor is the problem really demand instead. It's really logistical snafus. And what someone's as an overabundance of bureaucratic caution
Today, Explained
Calls To Cancel Both Tokyo and Beijing Olympics Grow Louder
"That the tokyo olympics are going to press ahead even though we are in the midst of serious global health pandemic jewels boycott. He's a professor of political science at pacific university in oregon. He represented the us soccer team in international competition and he's really into the olympics author of four books on the olympics. Maybe we checked. He's definitely written four books about the olympics and he's been following the tokyo games closely and for me. It's a chance to slow down and think about the olympics. More generally a lot of what we're seeing in tokyo is actually not necessarily tokyo problems. But they're olympic problems. The get imported into every host city just happens to be tokyo in this case and under pandemic conditions and the pandemic continues to be a real source of tension around these games with the tokyo olympics. Just over ten weeks away. Ifc president thomas bach canceling a planned trip to japan citing the surge of covid nineteen cases there with a state of emergency recently extended in several parts of the country. The olympics are experiencing major mayhem right now. Medical officials in japan and across the world are clamoring for the olympics to be cancelled men while the international olympic committee and local. Tokyo organizers are saying that the games will in fact go on in japan where cases are surging where they're in the midst of their fourth wave less than two percent of the population is fully vaccinated and the buildup continues to be dominated by two questions. We'll they go ahead and should they go ahead. There's a lot of pushback in japan as well as around the world from medical professionals scientists and even some athletes are starting to wonder aloud whether it's bright to push ahead with the olympics.
BBC Newsday
Japanese Tennis Player Kei Nishikori Concerned About Tokyo Olympics
"Concerns about staging the Olympic Games in Tokyo this summer as Japan battles to contain the surgeon covert 19 cases. Follows, namely a Sacher, saying she wasn't sure if the Olympics should happen. IOC President Thomas Bach was supposed to visit later this week. But that trip has been canceled on the embassy. Steph Curry his a Go ahead
WTOP 24 Hour News
Spectators From Overseas Are Barred From Tokyo Olympics
"Of the corona virus. The Tokyo Olympics will bar Spectators from outside of Japan. About a million tickets have already been sold abroad. So the Tokyo Organizing committee now has that ache of arranging refunds. IOC President Thomas Bach Toe respect the PSA priorities. That means that you will have and we will have Toe take difficult decisions. The Tokyo Games begin in July. They were originally scheduled for last year, but delayed because of the pandemic.
Bloomberg Radio New York
"thomas bach" Discussed on Bloomberg Radio New York
"On deductions for state and local taxes or salt Global news 24 hours a day on air and on Bloomberg quick take powered by more than 2700, journalists and analysts more than 120 countries. Michael Barr. And this is Bloomberg. Nathan. All right, Michael. Thank you. Coming up to 5 36 on Wall ST John Stash hours here. The Bloomberg Sports Update. John Starks Naked. It's clear the Nets with their three stars capable, scoring plenty of points last night in Atlanta. The Big Three combined for 89, Kevin Durant scored 32 James Harden, 31 carrier Being 26 so 1 32 to 1 28 overtime win. Look, Steve, that just got it Now. It was just fine. Margins made enough baskets made enough Hustle plays enough rebounds. You know, just to get us over the line, so Wasn't pretty, but you found a way and take it for three straight wins for Brooklyn and off the Oklahoma City tomorrow, Marquee game and Philly six years on Tobias Harris Group with two seconds left one by a point. It's the Lakers first road loss. They were 10 and out. ST Johns was on the road in 81 68. When it to Paul Seton Hall blew a 10 point halftime lead. Lost at home, the Creighton 85. He won. The Mets traded Steven Matz to Toronto for three minor leaguers. The Yankees have signed veteran free agent reliever Darren O'Day. All NFL teams now have a head coach with the Houston Texans. Hiram 65 year old David Cully, not very well known, though he's been an NFL assistant for 27 years with six different teams, most recently Baltimore and since Cully is African American, the Ravens get two extra third round draft picks the new rule that rewards teams For grooming minority head coaches will see how this higher effects start quarterback to Shawn Watson was demanded a trade out of Houston pulls. So 80% of Tokyo residents do not want the Olympics this summer. But IOC President Thomas Bach was in Tokyo yesterday and said it's not if the Olympics will take place. But how John steps Bloomberg sports making OK, John thanks 5 37.
WBSM 1420
"thomas bach" Discussed on WBSM 1420
"Morn Hank Aaron's death, Some fans called on the Atlanta Braves to change your name to the Hammers in his honor. Cameron Hank died Friday at the age of 86, drawing praise from all segments of society, including the current and former presidents for his Hall of Fame career and providing inspiration to Black Americans by overcoming intense racism, his pursuit of baseball's home run record. The governors of both Georgia and Alabama ordered flags to be flown at half staff in honor of Aaron. The Ham was born in the port city of Mobile and called Atlanta home for much of his life. The NFL's Atlanta Falcons, Major League soccer's Atlanta United and Georgia Tech's football team all announced they retired Aaron's trademark number 44 for their 2021 seasons. The number was long ago, retired by the Braves. Georgia governor camp says May generations of Georgians continue to be inspired by his ground breaking career, Alabama Governor Ivy added. He's inspired many young boys and girls pursue their dreams. This is s are in sports. Daniel King played great, tying her career low with 863 and protecting her lead for the in the Diamond Resorts. Tournaments of Champions. Just a quarter on the day, a sizzling 28 on the back nine under par at four Seasons Golf and Sports Club in Orlando. Left quarter to in 1160 just one shot off the L L P g a tour mark. President Thomas Bach and local organizers of pushing back against reports that the postpone 20 Olympics. Tokyo Olympics will be canceled now set to open July 23rd the Tokyo Games for Postpone 10 months ago, the outbreak of the Corona virus pandemic and now the event appears threatened again. Times of London, siding at identify. Government sources reported that the games will have to be canceled. However, the IOC released a brief statement saying it is fully concentrated on and committed to successful delivery of the Olympic Games.
KQED Radio
"thomas bach" Discussed on KQED Radio
"Kim Jae is picking up her four year old daughter at daycare. 36 year old didn't want me to use her full name because of the stigma attached with being a single mom. She received some economic assistance from the government. But, she says, in addition to incentivizing married couples to start families, more resources could go to nontraditional families like hers were presented to my parents. Kim says Any extra support would make a big difference because some single moms have no one to turn to for help, not even their own families. I'm telling you, what about the vehicle had a lot of money could go look for her, she says after her daughter was born. It took a few years for her mother to reach out and now she accept Kim's family. For the world. I'm Jason Strother and soul. The Japanese government and the International Olympic Committee said today. It's not true this summer's Tokyo Olympics will not be canceled. The rumor mill heated up yesterday after a report in the Times of London. The newspaper cited an anonymous source who said the Japanese government has concluded the games cannot happen and is looking for a face saving way of announcing it. Today, Japan's Prime Minister Yoshihide Asuka said in a more polite way fake news ending the games will be a symbol of humanity's overcoming the coronavirus, Suda said. Well, we've seen this movie before. 10 months ago, The Japanese government said there was no way the 2020 summer Olympics would be delayed. Then Thomas Bach, president of the International Olympic Committee, went before the cameras give us a little bit time now toe to study all these questions and to put This huge cheeks or puzzle together? Well, he put the jigsaw puzzle together and postpone the games today, Japan has far more daily new coronavirus cases than it did 10 months ago, when the Olympics were originally postponed, and public opinion polls show most Japanese people do not want the games to go on. Roughly four and five Japanese respondents said the Tokyo Olympics should be canceled or postponed again. 2020 was the deadliest year on record for transgender people in the United States. Now, just a few weeks into the new year, The LGBTQ community in Puerto Rico is grieving. Earlier this month, Samuel had been dummy on Valentin Ah young transgender man was found dead in the middle of the highway about 15 miles south of San Juan. Police are investigating valentines death as a homicide, but local advocates are urging authorities to consider his death a hate crime. Valentin is the seventh known transgender person to meet a violent death in Puerto Rico since last February, the world's Bianca Hillier reports. When Pedro Julio Serrano heard about Valentin's death, the news hit home every time that one of us is killed. It's it's like they're taking away a part of me a part of us, you know, you sometimes think, is it gonna be mean Ian Next? Serrano is an openly gay native Puerto Rican. In 2003. He founded Puerto Rico, part Toto's, an LGBTQ advocacy group and media watchdog on the island. Andy turns violence there, studly dwindled for years, he said. But in the past two years, there's been a surge men and a baby s happiness..
WCBM 680 AM
"thomas bach" Discussed on WCBM 680 AM
"Terms, which overlap different administrations. But the White House spokeswoman was noncommittal when asked about raised 10 Year on Wednesday, a day later, sake apologized for causing what she called an unintentional ripple and stated that Mr Biden will keep Ray at the FBI. Greg Clugston Washington Meanwhile, the president's proposed to Russia a five year extension of a nuclear arms treaty that's otherwise set to expire in February. The president has long been clear that the new start treaty Is in the national security interests of the United States on this extension makes even more sense when the relationship with Russia is adversarial as it is at this time, White House press secretary Jen Psaki says that while the president wants an extension of the new star tree, he is committed to holding Russia to account for its actions. The president Is also issuing, issuing a tasking to the intelligence community for its full assessment of the solar winds. CYBER breach Russian interference in the 2020 election its use of chemical weapons against opposition leader Alexei Navalny and the alleged bounties on U. S soldiers in Afghanistan. IOC President Thomas Bach in local organizer's pushing back against reports the proposed pone Tokyo Olympics will be canceled. Now said to open July 23rd. The Tokyo Games were postponed 10 months ago with the outbreak of the pandemic and now event appears threatened again. In the statement Friday, the local organizing committee said the Olympics were going forward and had the support of Prime Minister Silvio Shahida. Indonesian authorities have ended the search for remaining victims and debris from the Serie Jawa air jet that nose diving into the Java Sea, killing all 62 on board. This is town hall that calm Pounds and pounds of for our hair balls have hairballs Marquette Mama. She's 10 years.
News-Talk 1400 The Patriot
"thomas bach" Discussed on News-Talk 1400 The Patriot
"Russia, a five year extension of a nuclear arms treaty that's otherwise set to expire in February. The president has long been clear that the new start treaty is in the national security interests of the United States. On this extension makes even more sense when the relationship with Russia is adversarial as it is at this time, White House press secretary Jen Psaki says that while the president wants an extension of the new start treaty, he is committed to holding Russia to account for its actions. The president Is also wishing issuing a tasking to the intelligence community for its full assessment of the solar winds. CYBER breach Russian interference in the 2020 election its use of chemical weapons against opposition leader Alexei Navalny and the alleged bounties on U. S soldiers in Afghanistan. IOC President Thomas Bach in local organizer is pushing back against reports the proposed pone Tokyo Olympics will be canceled. Now said to open July 23rd. The Tokyo Games were postponed 10 months ago with the outbreak of the pandemic, and now he event appears threatened again. In the statement Friday, the local organizing committee said the Olympics were going forward and had the support of Prime Minister Silvio Shahida. Indonesian authorities have ended the search for remaining victims and debris from the Serie Jawa air jet. That nose dived into the Java Sea, killing all 62 on board. This is town hall that calm Pounds and pounds of for our hair balls have hairballs Marquette Mama. She's 10 Years old. He has dandruff in an oily coat..
AP News Radio
Bach offers pep session for Tokyo Games and talks up vaccine
"International Olympic committee president Thomas Bach delivered a pep talk to Japanese government officials and local organizers about the reschedule twenty twenty one Tokyo games Bach talked about the reason for the postponement the corona virus pandemic he says the vaccine should be ready for the games next summer there will be hundreds of millions of doses being available already in the first half off for all for the next year bokeh few details but said the IOC has been in contact with the World Health Organization other experts an unnamed pharmaceutical companies we're sitting together in one vote the only thing we have to do not always set to roll in the same direction surveys show a majority of Japanese companies and the public don't think the Olympics will happen next year or should happen I'm a Donahue
Dr. Daliah
Japan postpones 2020 Summer Olympics to 2021
"But with the children thanks the games I have to be rescheduled based on everything that's going on because if nobody wants to go and compete in and nobody wants a gold watch then Tokyo is going to really you know be tanked financially from this so prime minister Shinzo Ave spoke to the head of the IOC and proposed the delay it's going to be rescheduled beyond twenty twenty but not later than summer twenty twenty one now the Olympics have never been to lead up before I thought there was a delay one of the Olympics and forget I thought it was it had to be delayed into October of one year the summer Olympics once I think was in the sixties had to be delayed to October forget why but they were canceled back in nineteen sixteen nineteen forty and nineteen forty four I'm C. nineteen forty nineteen forty four was during divorce will work till so the gains have to be rescheduled to a day beyond twenty twenty but not later than summer twenty twenty one accord the international Olympic committee I guess that we they write the rules as they go originally the rules work you will have to deal with in twenty twenty and they realize well then it one of the summer Olympics if we have to wait till after the summers of the cold so Tokyo governor Yuriko Cole Leakey said vads the name of the delayed Olympics will still be Tokyo twenty twenty well because that's what all the gear and all the you know swag and everything says so it's not going to be called the twenty twenty one I think it's really really important for Olympic staff even number years even numbers on there so he made a comment to reporters or she'd made the comments are part of the vision part minister Shinzo abi spoke to the head of the national of the committee let me see here IOC president Thomas Bach has agreed one hundred percent of the falls from a proposal and then said the decision was about protecting human life fox said the new dates for the new games to be postponed during peace time would be decided by an IOC panel overseeing the gains in Tokyo organizers yeah it's very expensive we've talked about how cities take a big hit whenever they do Olympics because Olympics village the stadiums it's really hard to get your money back Atlanta has a really nice Olympic area it it it has like you know Olympic village and you know you get to see it except I just don't know how much money they make off of that but the average you know state country city whatever it doesn't seem to do well post Olympics from what we understand it's an absolute mess when you have all these consumers come and spend money and then you know they leave so what do not have an Olympics after spending all that money to prepare and it takes years to prepare that alone can just crash Japan's economy without even talking about you know the Olympics or the court of ours so when they see the current pandemic has already helped push Japan towards recession the GDP contracted one point eight percent in the October December quarter an economist at research firm Fitch on Monday revises twenty twenty growth forecast for Japan to negative one point one percent from negative point to and he said the postponement will worsen it significantly and impact their GDP the three point five point eight percentage points hence the postponement would badly affect Japanese consumer confidence they do not know what it would do to the two hundred forty billion yen if Japan has issues then we have issues obviously because we're all you know in an economy together Tokyo twenty twenty organizers declined to say how many foreign visitors expect to visit Japan specifically to watch this one action I remember they still have aftermath of Fukushima not so much a literal radiation aftermath but you don't have a lot of people very excited to you know also go to an area that had you know the tsunami and then you know the nuclear fallout from that so my guess is even if the Tokyo Olympics are postponed I don't believe that it's going to still be as much of a economic you know windfall as people
First Take
Japan, International Olympic Committee agree to postpone Tokyo Games
"Breaking news this morning here on I? The International Olympic Committee has officially postponed the twenty twenty Tokyo Olympic Games. Pushing them back to the summer of Twenty Twenty One. Japanese Prime Minister Shinzo Abe said that he IOC President Thomas Bach agreed on the postponement saying quote. We have to think about the current outbreak of the corona virus. End Quote. The Tokyo Games were scheduled to be held from July twenty fourth to August Ninth Uso. Sarah her sean sent a message to the USA athletes which read in part despite the feeling of eventuality that so many of us have felt in the lead up to this moment. My heart breaks for you. Your fellow athletes around the world. Our friends at Tokyo. Two Thousand Twenty the people of Japan and all who are impacted by this global pandemic in the decision to postpone the Tokyo Games twenty twenty. We heard your concerns and we share them. I thank you for being so forthcoming with your perspectives and also for allowing us the time to hear from your teammates across all sports before making a recommendation to the with this decision. The work of planning a new version of the Tokyo Games is now officially under way.
Not Too Shabby
IOC, Japan agree to postpone Tokyo Olympics
"Knees the Tokyo Olympic Games the world's biggest sporting events have been postponed because of the corona virus pandemic the head of the international Olympic committee Thomas Bach said the alarming virus figures had led to the decision which was made to protect lives on Asia Pacific as at CEDIA Hanson reports took you first won the right to host the games after lobbying IOC members with the message the Olympics will be safe in our hands Japanese Olympic officials had spent years meticulously preparing for their moment in the spotlight learning how to shield athletes and visitors from a potential heat wave and overcoming initial drama over who would design the national stadium the venues were completed ahead of schedule the one thing that wasn't safe in Tokyo's hands the spread of the virus that's led to the unprecedented decision to delay the
Colorado's Morning News with April Zesbaugh and Marty Lenz
Japan, IOC Agree to Postpone 2020 Tokyo Olympics by About One Year
"But we found out just a little while ago earlier this morning that Japan's prime minister Shinzo Ave and international Olympic committee president Thomas Bach have agreed to postpone the Olympics by about a year they had a conference call that involves several members of the organizing committee there in Tokyo the mayor of Tokyo and other members of the IOC Ave put the suggestion forward to Bach after growing concerns amid corona virus fears and Australian Canada saying they wouldn't send athletes USOC yesterday saying they want the game to be postponed the end originally going to be held July twenty fourth August night there in Tokyo but now will be held with in the next year so likely the same dates next summer the object of never been rescheduling peacetime the only time that they have been postponed it's happened three times nineteen sixteen nineteen forty nineteen forty four games were canceled because of world
Bloomberg Daybreak: Europe
A 2020 Olympics Delay Seems Inevitable. Is a 4-Week Decision Needed to Get There?
"The ticket Olympics all headed towards the first postponement since the modern games began in the nineteenth tree attention is now turning to how long the delay can be expected as a work seeks to rein in the effects of the corona virus pandemic in Bucks Isabel Reynolds has small Japanese prime minister Shinzo Abbe is seeking to speak to IOC chief Thomas Bach today after noticing a delay might be inevitable I think the trumpet was IOC member Dick pound he told USA today that the decision to push back the July August event has already been made the official announcement is expected within the next
AP 24 Hour News
IOC considering alternatives for Tokyo Olympics due to coronavirus
"The IOC will take four weeks to weigh options for the Tokyo Olympic Games amid mounting calls from athletes and officials for a postponement due to the corona virus pandemic the time we used to play different scenarios for the July twenty fourth through August ninth games the IOC said Sunday canceling the Tokyo Olympics is not an option a delay until later this year or in two thousand twenty one is possible this is a change for IOC president Thomas Bach who has consistently said organizers are fully committed to holding the games as scheduled despite preparations being disrupted by the virus outbreak spreading
SportsCenter AllNight
Canada, Australia will not send athletes to Olympics because of coronavirus
"If there are Olympic games this summer if Canada will be there the Canadiens grabbing headlines Sunday evening when their Olympic committee announced that they would not be sending athletes to any Olympics in the summer of twenty twenty Australia hasn't gone as far as Canada well the Australian athletes have been advised to prepare for the Tokyo Olympics to be in the summer of twenty twenty one because an Australian team quote could not be assembled in the changing circumstances at home and abroad the IOC's Sunday saying they will be exploring their options for the Tokyo games over the course of the next four weeks a worldwide group representing Olympic hopefuls and their supporters has been pushing the IOC to officially postponed the IOC's been steadfast in the past week plus saying the intention has been to hold the games are scheduled but there's been quite a bit of push back Sunday the IOC making its announcement that it would take a month to examine things Christine Brennan from USA today earlier on ESPN radio they had to do that by the international committee president Thomas Bach a former athlete himself actually with boy cut it out in the nineteen eighty Olympics so he he understands the plight of athletes including opportunities and and how difficult that can be now the president of the international Olympic committee and he has really lost the athletes shockingly as a former athlete himself he hasn't been responsive kind of Nero fiddling while Rome burns and he had to do this today and what what happened was that he thought a letter statement from the international Olympic committee basically saying that they will now be here the athletes to hear their concerns I think that the driving real difficulty training they're concerned about their health they're concerned about the well being of their family members and friends that they might be training with if if they're going for the Olympic Games what is the status of Olympic trials around the world a venue that the ability to even find a swimming pool to swim and that really came to time Olympic gold medalist kicked out of the Indiana University poll because they closed then kicked out of the YMCA three time Olympic gold medalist kicked out of the Y. is living in Indiana that's the plight of these athletes right now in the midst of all of our restrictions and understandable concerns about the pandemic and so Thomas Bach the IOC president finally got it and having lost the athletes you trying to win them back by saying he hears their voices he hears their concerns that it will be for weeks now that they will spend looking at the options the weather all the games this is another July twenty fourth August ninth in Tokyo which seems unlikely or postpone them which is kind of like turning a battleship not like postponing the NBA or the NHL or moving the masters and the British and the Boston Marathon guys this is a whole different thing to move an Olympics would be extraordinary and unprecedented but that's what they're looking at right now and look at themselves for weeks that decision do you think you made the right call Christine because I know that he use the word premature in terms of making a decision on whether the Tokyo games will be played but given the uncertainty around the corona virus and the number of leagues worldwide that have either postpone their seasons canceled their season said you know we're gonna put a pause on this and come back in twenty twenty one and we think this will be gone do you think that the Olympics should have taken that same approach are you where do you stand on the side of what Thomas Bach said today right Cordero I think I think that's the only decision you could make because they're trying to kick the can down the road a little bit and you're actually right other athletes who are endangering their health by continuing to train we don't know the answer to that will know if and when someone had positive for coronavirus and and that will probably be the definitive answer to your question that would be unfortunate to get to that point but you have to be NBA shut down when they had back with her to go there I think we may well see if that be the case even though it's a very different scenario because athletes are training all over the country all over the world and often they're by themselves or with just one or two people drive like they're in arenas that are full of fans it's it's a different scenario but I do think we cover the Olympics since nineteen eighty four our coverage you know never intern summer nothing surprises me about with the international Olympic committee will do and how to lead and to stand out of it they are and so with that in mind I think this is probably the only decision they were going to make because they want to take a little more time but my sense is postponement is on the horizon even though that is incredibly difficult for a city like Tokyo that they're preparing for what seven eight years for the moment obviously this is so much different than just moving a tournament a few months or even a year because of course as we know the Olympics are once every four years Summer Games once every four years later and often for those athletes at the once in a lifetime experience which I think is one of the positive body image on the committee might be trying to save the game even if it can be seen at that so negative in so many ways I understand those who defame postpone right now but we'll get there give you that answer very soon and hopefully all athletes will remain safe while they're continuing to train professionals say they'll take the next month and figure things out the Olympics if delayed for twelve months wouldn't be the first event pushed to twenty twenty one the Dubai World Cup is off until