 All right, Bill, thanks. And Bloomberg customers can get the latest breaking news by typing squawk on their terminal S-Q-U-A-W-K. That's a Bloomberg Business Flash. Now here's Michael Barr with more on what's going on around the world. Michael. Karen, thank you very much. The Republican National Convention resumes today with a focus on immigration. Former President Donald Trump appeared at the convention's opening night with a bandage over his right ear.