Bloomberg Daybreak: Europe Edition Hong Kong Death Toll Rises, Trump 'Third World' Threat, New Subway In Europe
Nov 28, 2025
Jenny Marsh, the Greater China economy and government editor at Bloomberg, provides an insightful analysis of Hong Kong's devastating high-rise fire that claimed 94 lives. She highlights the scrutiny over the city's safety inspection protocols and the contentious use of bamboo scaffolding. The discussion delves into the implications of these events on regulatory compliance and contractor responsibilities. Additionally, Jenny addresses arrests linked to the tragedy and their impact on housing safety, raising critical questions about infrastructure oversight in the region.
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Safety Enforcement Under Scrutiny
- Hong Kong's fire raised urgent questions about enforcement of safety standards and construction materials.
- The disaster shows regulatory approvals may have failed despite repeated site visits and sign-offs.
US Migration Pause And Re-Examination
- President Trump announced a permanent pause on migration from "third world" countries and re-examination of green cards.
- The move followed an attack in Washington and signals stricter immigration enforcement.
UK Scales Back Worker Protections
- The UK dropped day-one unfair dismissal protections from its employment bill to appease businesses.
- That decision came amid debate over how the Office for Budget Responsibility's forecast influenced fiscal choices.