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Apr 19, 2024
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to u.s.. host: is attacked about truck policies and joe biden policies, let's talk about chinese steel and aluminum. what is the big deal with those two? guest: president biden announced he is considering raising trips on still and aluminum three times he did so in pittsburgh talking to united still were which is probably not it's -- united steelworkers which is probably not a coincidence. on his mind is to reach the number of electoral college votes. he is going to be focused on issues that affect voters in those states and try to address their concerns and needs. one concern that steelworkers have the cost of steel from china is simply cheaper than what they are able to produce themselves. they want protection to be able to develop their industry. host: you agree with biden's call on more tariffs? guest: i think there is a logic to it. host: economically, does it make sense? guest: it would be hard for me to make a solid economic case. in order for u.s. still appears to -- we need to increas
to u.s.. host: is attacked about truck policies and joe biden policies, let's talk about chinese steel and aluminum. what is the big deal with those two? guest: president biden announced he is considering raising trips on still and aluminum three times he did so in pittsburgh talking to united still were which is probably not it's -- united steelworkers which is probably not a coincidence. on his mind is to reach the number of electoral college votes. he is going to be focused on issues that...
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Apr 12, 2024
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about half of that of the u.s. china by the way accounts for 7%. for the u.s. japan is the largest country for investments. since 2019. as the scale of investment of japanese countries to the u.s. economy is significant. for example japanese manufacturers in the u.s. create more than 538,000 jobs. first among all countries investing in the u.s. also japanese companies in the u.s. more than 4% of all u.s. exports ranking first by country. now them over the comments from governor holcomb earlier. this should give you an idea of how much japanese companies contribute to the u.s. economy. looking at the breakdown by industry japanese investment in the u.s. by industry as you know the manufacturing sector dominates accounting for about 45%. among these accounting for about 15%. transportation equipment just under 10% is the second largest in the manufacturing sector. outside of manufacturing trade and finance follow. within the sector investments in the pharmaceuticals and that medicines is expected to be significant. with acquisition in 2019. boosted the balance of
about half of that of the u.s. china by the way accounts for 7%. for the u.s. japan is the largest country for investments. since 2019. as the scale of investment of japanese countries to the u.s. economy is significant. for example japanese manufacturers in the u.s. create more than 538,000 jobs. first among all countries investing in the u.s. also japanese companies in the u.s. more than 4% of all u.s. exports ranking first by country. now them over the comments from governor holcomb earlier....
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Apr 1, 2024
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the u.s. stocks and bonds lower with strong factory data reinforcing the view a rate cut may not happen this quarter. >> hurting the yen, it's a potential intervention level. paul: we look at the future framework, speaking live with chris kent. >> inflation policy numbers top of mind as we ask are they more or less online with expectations when it comes to the price index at .10%, softening from half a percent we saw in february. the year end number is hotter, 3.1% at a faster clip than the 3% that was the consensus survey and matching the same pace we saw in february as well. energy prices year over year coming at 2.4%, a little lower than 2.5%. more progress towards the 2.4% with the bank of korea but has a way to go and we see the increase in fresh food policies and a the price by the government leading to that slowdown and saw a rise in retail gas prices pulling in the other way. these readings according to bloomberg economics likely to change the b.o.k.'s narrative the final stretch to 2%
the u.s. stocks and bonds lower with strong factory data reinforcing the view a rate cut may not happen this quarter. >> hurting the yen, it's a potential intervention level. paul: we look at the future framework, speaking live with chris kent. >> inflation policy numbers top of mind as we ask are they more or less online with expectations when it comes to the price index at .10%, softening from half a percent we saw in february. the year end number is hotter, 3.1% at a faster clip...
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Apr 11, 2024
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the u.s. stock rebound with the earnings season about to kick into full swing. bloomberg intelligence sees profits for the magnificent seven rising 38% in the first quarter. haidi: reports that u.s. regulators are scrutinizing efforts to prevent potential money laundering. annabelle: president biden commits to deeper security ties with japan and the philippines as the prime minister of japan says china poses a threat to global peace. haidi: we do have employment data coming out of south korea. 2.8%, been in line with expectations, picking up from that 2.6% we saw in february. we are also, of course, counting down to be ok decision date as well. the labor market is likely seeing loosening in recent months. bloomberg had estimated 2.8% for the jobless rate to rise. 2.8% still below the post-pandemic average of 3.3%, which is seen as the rate of employment, so neither inflationary nor disinflationary. taking a look at how we are faring, just an hour away from the start of major markets trading. a
the u.s. stock rebound with the earnings season about to kick into full swing. bloomberg intelligence sees profits for the magnificent seven rising 38% in the first quarter. haidi: reports that u.s. regulators are scrutinizing efforts to prevent potential money laundering. annabelle: president biden commits to deeper security ties with japan and the philippines as the prime minister of japan says china poses a threat to global peace. haidi: we do have employment data coming out of south korea....
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Apr 26, 2024
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the u.s. top diplomat tells the bbc he warned chinese president xi jinping about his country support for russia. >> for china, if it want better relations, not only with us, but, with countries in europe, it cannot do that while at the same time helping fuel the biggest threat to european security since the end of the cold war. >> the first week of testimony in donald trump's criminal trial wraps up. his former assistant takes to the stand. as we take a look at abortion rights in america the supreme court reviews idaho's near total abortion ban. i am helen of humphrey -- helena humphrey. u.s. sec. of state antony blinken met with the chinese president xi jinping in beijing friday as part of mr. blinken's second visit to china in 10 months amid a significant increase in dialogue between the two powers after recent tensions . the u.s. top diplomat says it there is progress in some areas, praising beijing for efforts to stop the supply of fentanyl reaching the u.s.. the two sides addressed areas
the u.s. top diplomat tells the bbc he warned chinese president xi jinping about his country support for russia. >> for china, if it want better relations, not only with us, but, with countries in europe, it cannot do that while at the same time helping fuel the biggest threat to european security since the end of the cold war. >> the first week of testimony in donald trump's criminal trial wraps up. his former assistant takes to the stand. as we take a look at abortion rights in...
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Apr 15, 2024
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the u.s. shot down at least 75 of them, almost all in jordanian airspace. israel said the only missiles that entered israeli airspace were ballistic, including one that wounded a seven-year-old girl. israel reported no deaths and only minor damage to an air force base. iran said they were responding to israel's killing senior iranian generals inside iran's damascus consulate, and called the attack tit for tat. >> from our point of view, this operation is over, and there is no intention to continue the operation. but if the zionist regime takes any action against the islamic republic, our next operation will be much larger. nick: by the light of day, israelis returned to normal. but the region is anything but, and israel's leadership says the incident is very much not over. >> we are still on high alert and assessing the situation. over the last few hours, we've approved operational plans for both offensive and defensive action. nick: but the u.s. is counseling restraint. president biden and th
the u.s. shot down at least 75 of them, almost all in jordanian airspace. israel said the only missiles that entered israeli airspace were ballistic, including one that wounded a seven-year-old girl. israel reported no deaths and only minor damage to an air force base. iran said they were responding to israel's killing senior iranian generals inside iran's damascus consulate, and called the attack tit for tat. >> from our point of view, this operation is over, and there is no intention to...
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Apr 5, 2024
04/24
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and it says that the u.s. policy with respect to gaza will be determined by our assessment of israel's immediate action on these steps. so what the president is saying to the israeli prime minister is if you don't act within hours or days to change the situation on the ground in gaza, we will rethink u.s. policy towards israel when it comes to the situation in gaza. that then opens a question, are they talking about this key issue of u.s. weapons going to israel? that has been up until now off-limits when it comes to the white house approach to trying to leverage israel to change its combat in israel. john kirby, the spokesman at the white house, was asked this question repeatedly by journalists over the last hour, are they talking about conditioning arms, pulling some supply of weapons, and he just kept repeating the line that -- i think we can conclude that the area is in scope and that creates a pretty dramatic shift in terms of u.s. policy that we've had when it comes to that critical u.s.-israel relations
and it says that the u.s. policy with respect to gaza will be determined by our assessment of israel's immediate action on these steps. so what the president is saying to the israeli prime minister is if you don't act within hours or days to change the situation on the ground in gaza, we will rethink u.s. policy towards israel when it comes to the situation in gaza. that then opens a question, are they talking about this key issue of u.s. weapons going to israel? that has been up until now...
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Apr 4, 2024
04/24
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the u.s. helping out. we did see the yen sliding as far as 151.95. so close to that level that's seen as intervention level for now. 1 . 52. still looking like it's going to beat that line in the sand. this is the picture for the kospi. we're seeing outside of 1.2%. watching the likes of s.k. hynix, about to spend $4 billion in its first u.s. plant. paul: let's look at australia. just a little more than an hour into trailed and pretty much every sector in positive territory. the broader index, up .5%. we've seen the gold price top 2300 an ounce for the first time. we've also seen the oil price strengthen. 1 cent of $90 per barrel. reasons for that also unsurprising. rising tension in the middle east and opec surprising nobody when they said they were going to stick with supply cuts so those supply curbs will be in place until the end of june at least. when j. powell started taking q. and a. following his talk earlier. we've got yields pulling back a little bit. the 10-year at 4 hadn't 4412 in
the u.s. helping out. we did see the yen sliding as far as 151.95. so close to that level that's seen as intervention level for now. 1 . 52. still looking like it's going to beat that line in the sand. this is the picture for the kospi. we're seeing outside of 1.2%. watching the likes of s.k. hynix, about to spend $4 billion in its first u.s. plant. paul: let's look at australia. just a little more than an hour into trailed and pretty much every sector in positive territory. the broader index,...
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Apr 7, 2024
04/24
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the u.s. in part because of the strategy they deployed in the region, a strategy not based upon in many ways the traditional tools of statecraft. they are not signing treaties and making friends with neighbors. they lack a conventional military capability in many ways, they do not have a navy or air force. they face not only sanctions but also on historical factors, the nature of the regime and the origins in 1979 revolution. instead they employ this strategy of asymmetric power, training and arming groups around the middle east which then attend to wage war on and create problems for states which might otherwise be adversary to them. saudi arabia, a traditional rival of them, has to worry a lot about what is happening in the southern flank in yemen and maybe that means from iran's perspective they have less resources to focus on iran itself so we see ron working with youth groups across the region. hezbollah in lebanon. islamic jihad and hamas in the palestine territory. ruthie relished -- ho
the u.s. in part because of the strategy they deployed in the region, a strategy not based upon in many ways the traditional tools of statecraft. they are not signing treaties and making friends with neighbors. they lack a conventional military capability in many ways, they do not have a navy or air force. they face not only sanctions but also on historical factors, the nature of the regime and the origins in 1979 revolution. instead they employ this strategy of asymmetric power, training and...
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Apr 23, 2024
04/24
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this as the u.s. government moves ahead with the plan to shut down the platform if it's not divested. for more, peter ahlstrom joins us. bytedance looks ready to play the long game here in terms of the legal battle. how does this play out, and is waiting around and stalling for time maybe more favorable administration after november? >> that's exactly right, things are moving pretty quickly in washington p the house has gone ahead with legislation to give bytedance this ultimatum to either sell operations in the united states or it would be banned or the senate is expected to pick up that legislation this week and joe biden said he would sign it into law. that will give bytedance this ultimatum that either they need to sell the operation to another buyer, a non-chinese buyer, or face a shut down in the united states. four years ago there was a similar ultimatum and negotiated a preliminary deal to sell u.s. operations, a complicated deal involving microsoft and oracle. this case is the opposite. they
this as the u.s. government moves ahead with the plan to shut down the platform if it's not divested. for more, peter ahlstrom joins us. bytedance looks ready to play the long game here in terms of the legal battle. how does this play out, and is waiting around and stalling for time maybe more favorable administration after november? >> that's exactly right, things are moving pretty quickly in washington p the house has gone ahead with legislation to give bytedance this ultimatum to...
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Apr 12, 2024
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u.s. section -- session with the focus on big tech and earnings that start later today with the financial names in the u.s., wells fargo among them so that is the state of play here tracking what comes through with that japanese yen closely above the 153 mark and jawboning comes through at this time of the day but the finance minister says the weekend can accelerate input driven inflation which is a big concern in japan at this point and they will not rule out any options against what they could see as excessive fx move so watching the japanese yen closely holding unchanged at this point but let's shift on because korean markets starting to trade and not is the focus on the boj but the bok given the rate decision that is due and broad expectations we will see rates hold and we had job figures out in the last hour pretty tight labor market was the key takeaway and that gives the bok time to wait a little longer haidi. haidi: looking at the start of trade five minutes or so in the session an
u.s. section -- session with the focus on big tech and earnings that start later today with the financial names in the u.s., wells fargo among them so that is the state of play here tracking what comes through with that japanese yen closely above the 153 mark and jawboning comes through at this time of the day but the finance minister says the weekend can accelerate input driven inflation which is a big concern in japan at this point and they will not rule out any options against what they...
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Apr 18, 2024
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u.s. and mr. risch toward industrial policy. front and center. every conversation you have read outcome all roads lead back to that. lisa: especially given that it seems to be sovereign debt that is able to issue, not necessarily corporate debt when you talk about geopolitics and china and the u.s., it will be fascinating to see how that is filled with given china is a member of the imf and is trying to create a global coalition. what is a global coalition look like in a fractured world? jonathan: it is the united states and japan, the united states and korea, the united states and malaysia. malaysia stepping into the effects market. japan and south korea turning to do the same. what you saw with yesterday is interesting. a meeting between secretary on, japanese, and south korea. foreign-exchange is going to become a big issue the next few days. annmarie: they put up his statement, we will continue to consult closely on the market changed its within our existing g20 commitment while acknow
u.s. and mr. risch toward industrial policy. front and center. every conversation you have read outcome all roads lead back to that. lisa: especially given that it seems to be sovereign debt that is able to issue, not necessarily corporate debt when you talk about geopolitics and china and the u.s., it will be fascinating to see how that is filled with given china is a member of the imf and is trying to create a global coalition. what is a global coalition look like in a fractured world?...
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Apr 11, 2024
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u.s. this runs just over an hour. our cspan.org. we take you now to a hearing on transnational crime, including the financing and trafficking of synthetic opioids such as fentanyl. you're watching live coverage on c-span. >> let me welcome everyone to the hearing. we start with my co-chair will s remarks. we will turn to the distinguished co-chair for his opening remarks and a brief video. we thank you all very much for being here. a modern day cartel runs more like a fortune 500 conglomerate than like a street gang with departments specializing in logistics, accounting, recruitment, chemical science, and they manage their empires with deadly sophistication. they operate like enormous businesses because a prophet like enormous businesses. globally, drug traffic revenue totals as much as $652 billion. according to estimates from global financial integrity. mexican cartels like sinaloa and you generation operate in the billions. enforcement against these massive organizations usually focuses
u.s. this runs just over an hour. our cspan.org. we take you now to a hearing on transnational crime, including the financing and trafficking of synthetic opioids such as fentanyl. you're watching live coverage on c-span. >> let me welcome everyone to the hearing. we start with my co-chair will s remarks. we will turn to the distinguished co-chair for his opening remarks and a brief video. we thank you all very much for being here. a modern day cartel runs more like a fortune 500...
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Apr 17, 2024
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the u.s.. what jay powell said overnight was not much of a surprise but any more clarity to the willingness of the fed to hold rates as long as they need to be at these levels to combat inflation. so we are seeing of course that big reaction across global bonds in the u.s. dollar passing through to asia fx in particular today. annabelle: absolutely. tracking the japanese yen very closely. very close to the 155 mark. a lot of different analysts in the market, bank of america among those saying 160 is in the sand you want to be watching out for. we look for jawboning at this type -- time of the day but no lines yet on that. we know japanese government officials are watching these levels closely and we heard from the finance ministers of south korea and japan saying they are seeing -- sharing serious concerns about the weakening of their local currencies. weaker yen is a dynamic we know have been aiding japanese exporters in particular. today we are seeing japanese equities a little higher to the
the u.s.. what jay powell said overnight was not much of a surprise but any more clarity to the willingness of the fed to hold rates as long as they need to be at these levels to combat inflation. so we are seeing of course that big reaction across global bonds in the u.s. dollar passing through to asia fx in particular today. annabelle: absolutely. tracking the japanese yen very closely. very close to the 155 mark. a lot of different analysts in the market, bank of america among those saying...
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Apr 16, 2024
04/24
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but compared to that, the events from the u.s. to japan i would like to encourage u.s. business companies to give more in japan. investment in japan is for market opportunities for technology corporations. unlike the investment in the developing countries, is not a orientation of stealing the jobs from the u.s. i think in light of those as well i would write. thatav is what i have to say so thank you very much for your attention. [applause] >> thank you for your wonderful comments. i apologize i think in the excitement toap kick off the pal i forgot to introduce myself. i'm the chair follow here at the hudson institute and i'm pleased tose introduce the next speaker speaker ofthe general directorae automobile manufacturers association usa. before taking up her position in mayy of 2022, she worked on the u.s. for nearly 20 years in the government and regulatory affairs and was most recently the manager of government affairs with government industry relations department before taking up her position. she has an ma from george mason and georgetown so she's always been in d
but compared to that, the events from the u.s. to japan i would like to encourage u.s. business companies to give more in japan. investment in japan is for market opportunities for technology corporations. unlike the investment in the developing countries, is not a orientation of stealing the jobs from the u.s. i think in light of those as well i would write. thatav is what i have to say so thank you very much for your attention. [applause] >> thank you for your wonderful comments. i...
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Apr 13, 2024
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do not target u.s. forces. the u.s. has made clear that they didn't know about this damascus strike beforehand. they weren't involved in it. they are a message to iran is, don't get us pulled into this. don't get us involved. so that is very much the message the president has been delivering. it's unclear what this relationship like with netanyahu is going to be going forward and trying to understand what the israeli response is going to be. remember, not too long ago, president biden issued his strongest criticism of netanyahu yet and said, if you don't do more, if you don't do enough to protect civilians in gaza, then we could change our policy towards israel. that could mean withholding u.s. aid. if israel doesn't do enough. and officials tell me that what the president has laid out in terms of getting more humanitarian aid in opening those border crossings, officials tell me that is really the president's baseline. and if even that doesn't get accomplished, well, then we've got a problem here. >> selena wang for us
do not target u.s. forces. the u.s. has made clear that they didn't know about this damascus strike beforehand. they weren't involved in it. they are a message to iran is, don't get us pulled into this. don't get us involved. so that is very much the message the president has been delivering. it's unclear what this relationship like with netanyahu is going to be going forward and trying to understand what the israeli response is going to be. remember, not too long ago, president biden issued...
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Apr 8, 2024
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but first, u.s. treasury secretary janet yellen wrapping up a china visit, after high-profile meetings and a delicate balancing act. details just ahead. this is bloomberg. ♪ >> as the world's two largest economies, we have a duty to our own countries and to the world, to responsibly manage our complex relationship. and to cooperate and show leadership on addressing pressing global challenges. >> on april the second, president xi jinping spoke with president joe biden on the phone. they both agreed that the two sides need to enhance dialogue, manage their fences and advanced cooperation and jointly maintain the overall stability of the china-u.s. relationship. china sincerely hopes the two countries will be partners, not adversaries. and our two sides need to respect each other, coexist in peace and pursue willing cooperation. haslinda: u.s. treasury sec. janet yellen and chinese premier li qiang during their bilateral meeting in beijing on sunday. sec. yellen is meeting today with pboc governor bef
but first, u.s. treasury secretary janet yellen wrapping up a china visit, after high-profile meetings and a delicate balancing act. details just ahead. this is bloomberg. ♪ >> as the world's two largest economies, we have a duty to our own countries and to the world, to responsibly manage our complex relationship. and to cooperate and show leadership on addressing pressing global challenges. >> on april the second, president xi jinping spoke with president joe biden on the phone....
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Apr 19, 2024
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to u.s.. host: is attacked about truck policies and joe biden policies, let's talk about chinese steel and aluminum. what is the big deal with those two? guest: president biden announced he is considering raising trips on still and aluminum three times he did so in pittsburgh talking to united still were which is probably not it's -- united steelworkers which is probably not a coincidence. on his mind is to reach the number of electoral college votes. he is going to be focused on issues that affect voters in those states and try to address their concerns and needs. one concern that steelworkers have the cost of steel from china is simply cheaper than what they are able to produce themselves. they want protection to be able to develop their industry. host: you agree with biden's call on more tariffs? guest: i think there is a logic to it. host: economically, does it make sense? guest: it would be hard for me to make a solid economic case. in order for u.s. still appears to -- we need to increas
to u.s.. host: is attacked about truck policies and joe biden policies, let's talk about chinese steel and aluminum. what is the big deal with those two? guest: president biden announced he is considering raising trips on still and aluminum three times he did so in pittsburgh talking to united still were which is probably not it's -- united steelworkers which is probably not a coincidence. on his mind is to reach the number of electoral college votes. he is going to be focused on issues that...
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Apr 22, 2024
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as the u.s. house new sanctions on iran's oil sector, we look at the impact on the market for crude. amrita sen from energy aspects joins us next for the analysis. this is bloomberg. ♪ tom: israel's prime minister benjamin netanyahu condemned a reported plan to sanction an ultra orthodox army unit over alleged human rights abuses in the west bank. the biden administration is planning to announce the measures within days, blacklisting the battalion would really -- prohibited from receiving u.s. military equipment or training. the u.s. house passed new sanctions on iran's oil sector as part of a foreign aid package. the legislation broadens measures to include foreign ports, vessels and refineries that knowingly process worship iranian crude in violation of existing u.s. sanctions. was bring in the founder and director of research at energy aspect. a pleasure to have you in the studio this monday. let's start with this iranian oil sanctions story. does it take material iranian barrels out of the
as the u.s. house new sanctions on iran's oil sector, we look at the impact on the market for crude. amrita sen from energy aspects joins us next for the analysis. this is bloomberg. ♪ tom: israel's prime minister benjamin netanyahu condemned a reported plan to sanction an ultra orthodox army unit over alleged human rights abuses in the west bank. the biden administration is planning to announce the measures within days, blacklisting the battalion would really -- prohibited from receiving...
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Apr 2, 2024
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the u.s. economy. we saw the fed slightly nudged up their view of an interest rate back to 2.6%. in the past it has been as high as 4%. the idea that we could go to the zero bound or close is not something we will experience now given the outlook for inflation, it will be more choppy. we could see structural drivers leading to higher and more volatile rates of inflation in the future. for asset locations, needs to look beyond stocks and bonds for the portfolio. haidi: outside of the u.s., like in japan, where do you see opportunities and the next leg of this rally? do potential concerns over the yen at insert -- uncertainty to the equity rally? kerry: the weakness in the yen helps exporters, but it is not just an export story driving the market higher in japan. it is structural government shifts, abenomics. we are seeing a shift in the economy. and growth with that. domestic demand is coming through and in line with the weaker yen is helping lift markets. it is a market that is under coverage.
the u.s. economy. we saw the fed slightly nudged up their view of an interest rate back to 2.6%. in the past it has been as high as 4%. the idea that we could go to the zero bound or close is not something we will experience now given the outlook for inflation, it will be more choppy. we could see structural drivers leading to higher and more volatile rates of inflation in the future. for asset locations, needs to look beyond stocks and bonds for the portfolio. haidi: outside of the u.s., like...
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Apr 21, 2024
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. >> u.s. builder forced sale or ban of tiktok set to become law after winning bipartisan support in the house of representatives. paul: this is the start of another week. how we are tracking in terms of futures, don't want to start off on a bummer after last week but positive territory for a sx futures, better by about 0.3%, nikkei futures looking flat as well. the aussie dollar, hovering around the 0.6 seven cents level, and if you were looking for bright spots, go doing well. -- gold doing well. a pretty ugly picture elsewhere. annabelle: it is the havens that you are pointing out and no surprise, investors flocking to them with with we see in the middle east. that was the story friday, and then in wait and see mode. this is a look at u.s. futures, modestly high but putting it into context of what we just had come a sharp selloff across the board. u.s. stocks, s&p 500 dropped below 5000. nasdaq's lighting more than 2%. this week the levels will be tested because we have more than half of the
. >> u.s. builder forced sale or ban of tiktok set to become law after winning bipartisan support in the house of representatives. paul: this is the start of another week. how we are tracking in terms of futures, don't want to start off on a bummer after last week but positive territory for a sx futures, better by about 0.3%, nikkei futures looking flat as well. the aussie dollar, hovering around the 0.6 seven cents level, and if you were looking for bright spots, go doing well. -- gold...
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Apr 18, 2024
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the u.s. says it is an international waterway. the american fleet said the mission quote demonstrates the united states commitment to a free and open indo pacific. china scrambled fido jets -- scribbled fighter jets to monitor the plane's passage. the biden administration is be imposing sanctions on venezuela's oil sector. the united states had granted nicolas maduro's government relief in october after it agreed to hold free and fair elections this year. today the u.s. to state department criticized him saying his government had quote harassed and intimidated political opponents and unjustly detained numerous political actors and members of civil society. presidential elections are scheduled for july 28. dubai is drying out after the heaviest rainfall the united arab emirates has ever recorded. streets were still flooded after more than a years worth of rain fell on the desert nation in 24 hours. flights were grounded at dubai international airport. the world's busiest. passengers filmed thei
the u.s. says it is an international waterway. the american fleet said the mission quote demonstrates the united states commitment to a free and open indo pacific. china scrambled fido jets -- scribbled fighter jets to monitor the plane's passage. the biden administration is be imposing sanctions on venezuela's oil sector. the united states had granted nicolas maduro's government relief in october after it agreed to hold free and fair elections this year. today the u.s. to state department...
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Apr 18, 2024
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u.s., opening up the prospect of cutting rates before the fed. tsmc, the world's biggest semiconductor maker, set to report earnings this hour a day after disappointment from asml. nokia dropping right now. the telecom equipment maker of course. we will bring you those lines with a focus on sales. first quarter net sales coming in below the estimates for nokia. 4.6 7 billion euros. essentially 4.7 billion euros. below the estimates of 5 billion euros. here's the redhead now for nokia. they still see their full-year adjusted operating profit up to 2.9 billion. they are holding their view in terms of full-year adjusted operating profit. we know there has been pretty solid weakness around the demand, particularly for 5g telecom. that has been a challenge for both nokia and ericsson. we continue to look for date -- look for details around the patent dispute as well. they are maintaining their full-year operating profit forecast despite that challenging environment. telco spending has been soft
u.s., opening up the prospect of cutting rates before the fed. tsmc, the world's biggest semiconductor maker, set to report earnings this hour a day after disappointment from asml. nokia dropping right now. the telecom equipment maker of course. we will bring you those lines with a focus on sales. first quarter net sales coming in below the estimates for nokia. 4.6 7 billion euros. essentially 4.7 billion euros. below the estimates of 5 billion euros. here's the redhead now for nokia. they...
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Apr 18, 2024
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u.s. and the u.k. have sanctions in the wake of the unprecedented iranian attack on israel. and afghanistan's in crisis. the young afghan refugees lacking food and housing. ♪ >> welcome to world news america. a united nations security council vote on the full recognition of palestinian statehood is getting underway at the u.n. headquarters in new york. we will bring you pictures of the security council chamber voting on the proposal to grant palestine full u.n. member states. it has had non-observer status since 2012 but cannot vote in proceedings. we are going to come back to the story with updates as soon as we get them. for now, we are going to move on to our other top story today. publisher authorities have arrested a man on suspicion of preparing to help the russian military and alleged assassination plots against volodymyr zelenskyy. authorities launched an investigation after being tipped off by ukrainian intelligence. polish prosecutors claim they have evidence a polish national
u.s. and the u.k. have sanctions in the wake of the unprecedented iranian attack on israel. and afghanistan's in crisis. the young afghan refugees lacking food and housing. ♪ >> welcome to world news america. a united nations security council vote on the full recognition of palestinian statehood is getting underway at the u.n. headquarters in new york. we will bring you pictures of the security council chamber voting on the proposal to grant palestine full u.n. member states. it has had...
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Apr 2, 2024
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strong u.s. factory data pushes markets to really think cuts. iran vows a response after a strike at the embassy killed two generals. this over the invasion of raw for -- rafah. heightened oil risk and supply. you had time to digest the central bank bonanza. lots of eco-data amongst fed speak. 19 including fed chair powell. we've had data reinforcing this narrative that inflation is falling more slowly than expected, hence why the fed will not be in a rash to cut rates. you saw stocks joining a loss continuing later, pointing to a lower opening but in europe tilted to upside. if we flip to crass -- cross assets he got the two-year treasury yields, 4.69% as traders pushback pricing to september. for a moment you solve the august dipping below 50% and all eyes turned toward the jobs report. the dollar is steady, brent trading below $80 a barrel. tighter supply from mexico and we will dig in later. gold hovering near record highs and trading at 2000 $257 per ounce. let's get to vonnie quinn with an
strong u.s. factory data pushes markets to really think cuts. iran vows a response after a strike at the embassy killed two generals. this over the invasion of raw for -- rafah. heightened oil risk and supply. you had time to digest the central bank bonanza. lots of eco-data amongst fed speak. 19 including fed chair powell. we've had data reinforcing this narrative that inflation is falling more slowly than expected, hence why the fed will not be in a rash to cut rates. you saw stocks joining a...
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Apr 16, 2024
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a senior u.s. official warning that israel is intent on responding, adding that the world may think this is over, it is not. david? >> david: hey, martha, i know you've been talking to your sources on this, how surprised were they at the scope, the size of this iranian attack, and the fact that it was a direct attack on israel? >> reporter: well, the u.s. had thought there would be just about a dozen ballistic missiles launched. but the head of central command updated that, saying they expected more than 100. one of the officials who heard the update saying he was so shocked, his hands were trembling when he wrote that number down. david? >> david: martha raddatz with us here tonight. martha, thank you. we do have one more point on this tonight. as we've reported here, this was the first time iran attacked israel directly, rather than through its proxies. those militia groups it supports across the region here, and right across the border, of course, in lebanon. that's where we find our foreign cor
a senior u.s. official warning that israel is intent on responding, adding that the world may think this is over, it is not. david? >> david: hey, martha, i know you've been talking to your sources on this, how surprised were they at the scope, the size of this iranian attack, and the fact that it was a direct attack on israel? >> reporter: well, the u.s. had thought there would be just about a dozen ballistic missiles launched. but the head of central command updated that, saying...
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Apr 13, 2024
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u.s. passport high on the list of countries is italy, portugal, malta and greece. one of the reasons is that with the ability to live or travel freely throughout europe. apparently where the other reasons is, if the pat's passports is a from portugal or greece they're less likely to be taken hostage. it is a sad commentary on our times when americans could not admit when they are traveling that they are from the united states. >> that is it for this week show. thanks to my panel and to all of you for watching. hope to see it right here next week. ♪. arthel: president biden is heading back to the white house in this hour to meet with his national security team as concerns grow that iran may attack israel at any moment. welcome to a brand-new hour of "fox news live" i am arthel neville hi eric. eric: hello everyone i'm eric shawn for the present expected to arrive at the white house this afternoon returning from his weekend from home in rehoboth delaware. over a possible threat iranian att
u.s. passport high on the list of countries is italy, portugal, malta and greece. one of the reasons is that with the ability to live or travel freely throughout europe. apparently where the other reasons is, if the pat's passports is a from portugal or greece they're less likely to be taken hostage. it is a sad commentary on our times when americans could not admit when they are traveling that they are from the united states. >> that is it for this week show. thanks to my panel and to...
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Apr 7, 2024
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haidi: u.s. treasury secretary janet yellen says relations between washington and beijing are more stable. she will meet with the pboc governor before wrapping up her china visit on sunday. she sat down with the chinese premier. >> edged the world's two largest economies, we have a duty to responsibly manage our complex relationship into show leadership in addressing risking google channeling jesus. >> under the strategic guidance of the two presidents, china and u.s. relationship is stabilizing and you are the first cabinet member to visit china and your visit has drawn a lot of attention in the society. haidi: let's bring in bloomberg's chris from beijing. on the one hand, tough berating from janet yellen on industrial overcapacity, but lighthearted and positive moments also. chris: if i have to sum this up i would say janet yellen started this out hitting the chinese over the head repeatedly on the industrial overcapacity issue, then she went in to a whole series of talks with the vice premier
haidi: u.s. treasury secretary janet yellen says relations between washington and beijing are more stable. she will meet with the pboc governor before wrapping up her china visit on sunday. she sat down with the chinese premier. >> edged the world's two largest economies, we have a duty to responsibly manage our complex relationship into show leadership in addressing risking google channeling jesus. >> under the strategic guidance of the two presidents, china and u.s. relationship...
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Apr 9, 2024
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u.s. shell entities, i'm sorry to say. in 2021, treasury secretary yellen's head, there's a good argument that the best place to hide and launder ill-gotten gains is actually the united states.". yes, the u.s. has allowed cartels, terrorist groups, rogue states, chinese money- laundering organizations to use phony u.s. shell corporations and their illicit schemes. these shell companies may exist only on paper, but they enable deadly threats to americans lives and security. nearly 108,000 americans died of overdose in 2022, according to the cdc. 436 were rhode islanders. the death of those 436 people ripples across my small state in a tide of heartbreak. fentanyl and other synthetic opioids are behind many of these deaths. fentanyl's death toll was the direct result of shell corporations. shell corporations that hide the delivery of precursor chemicals and shell corporations that hide the profits from sales. what doj indictment last year design a network of shell companies in wyoming to lau
u.s. shell entities, i'm sorry to say. in 2021, treasury secretary yellen's head, there's a good argument that the best place to hide and launder ill-gotten gains is actually the united states.". yes, the u.s. has allowed cartels, terrorist groups, rogue states, chinese money- laundering organizations to use phony u.s. shell corporations and their illicit schemes. these shell companies may exist only on paper, but they enable deadly threats to americans lives and security. nearly 108,000...
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Apr 25, 2024
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slowing u.s. economy and quickening u.s. inflation that will only push up u.s. bond yields and ratchet up the support for the dollar and that will boomerang back to our markets and put asia fx under pressure again. not just the yen, but we may see more extreme reactions in other asian currencies. watch out for the korean won for example. we know we are up against pretty extreme levels and multiyear lows for currencies across the region. we know central banks are having to take action for support for their currencies. there may be more volatility as we look at them today. this evening we will get monthly pce data. investors will be watching that. so again it could mean higher treasury yields. the rate expectations for the fed get pushed out. we are looking for the one cup priced into the market but not until december. that could cause more dollar volatility particularly to the end of what has been a hectic and pretty busy week already for everybody. paul: yes indeed. it will be interesting from the boj on the back of all of that. still to come, counting down to t
slowing u.s. economy and quickening u.s. inflation that will only push up u.s. bond yields and ratchet up the support for the dollar and that will boomerang back to our markets and put asia fx under pressure again. not just the yen, but we may see more extreme reactions in other asian currencies. watch out for the korean won for example. we know we are up against pretty extreme levels and multiyear lows for currencies across the region. we know central banks are having to take action for...
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Apr 24, 2024
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tiktok in the u.s. on the accounts for about 10% of tiktok's global users, but close to 50% of tiktok's worldwide ad revenues. advertising is part of its business so it is a lucrative market for tiktok and it would be a huge blow if it wouldn't be able to operate here. tiktok also has other lines of business in the u.s., including e-commerce. it has pushed heavily into shopping through tiktok shop, so it is counting on the u.s. to bring revenue for the company. it would have major ramifications if it were to disappear from here. paul: there is so many hypotheticals involved with this case and where it goes. one possibility if tiktok was divested, who would buy it and what would happen to the data it has gathered that lawmakers are so worried about? jasmine: both excellent questions. i think it would be hard to find a credible and approvable buyer. the buyer would need to have deep pockets and many of the companies that could afford to buy tiktok would be no goes because of regulatory and antitrust hurdl
tiktok in the u.s. on the accounts for about 10% of tiktok's global users, but close to 50% of tiktok's worldwide ad revenues. advertising is part of its business so it is a lucrative market for tiktok and it would be a huge blow if it wouldn't be able to operate here. tiktok also has other lines of business in the u.s., including e-commerce. it has pushed heavily into shopping through tiktok shop, so it is counting on the u.s. to bring revenue for the company. it would have major ramifications...
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Apr 19, 2024
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one of the main u.s. interest since october 7th has been avoiding an all out war between israel and iran or even an escalation of the war that is in gaza to places like lebanon, kind of full-scale point i think that will continue to be the focus of the biden administration tomorrow is just trying to contain this. so that it doesn't continue to u spark escalation. ar >> thank you all very much for guiding us through this breaking news story. could the 11th hour with stephanie ruhle starts right now. >>> good evening, once again, i'm stephanie ruhle, we are st following breaking news this evening for a person familiar g tells nbc news that israel has carried out an operation in iran this evening. today israeli officials notified u.s. officials that the response was coming, the u.s. and its allies have been pressuring israel not to retaliate after it fended off a missile attack from iran last weekend. of course we also know that it is an incredibly tense time in b one of the most volatile parts of the world.
one of the main u.s. interest since october 7th has been avoiding an all out war between israel and iran or even an escalation of the war that is in gaza to places like lebanon, kind of full-scale point i think that will continue to be the focus of the biden administration tomorrow is just trying to contain this. so that it doesn't continue to u spark escalation. ar >> thank you all very much for guiding us through this breaking news story. could the 11th hour with stephanie ruhle starts...
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Apr 4, 2024
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but a u.s. official told netanyahu, get the hostage deal done, no more posturing, event if that allows gassen civilians to move north from rafah. another sticking point, the exact number of palestinian detainees who would be released from israeli detention in exchange to those 35 to 40 hostages. how far israel is willing to go on that compromise and how far or whether even hamas is willing to make a compromise remains to be seen. geoff: nick, thanks, as always. >> thank you. ♪ geoff: in the day's other homicide, israel's military suspended leave for all combat units -- in case iran retaliates for an air strike in damascus that killed two iranian generals. prime minister netanyahu defended the strike and warned that israel won't hesitate to do it again. >> for years, iran has been working against us directly and through its proxies, and therefore israel is working against iran and its proxies. we will act upon the simple principle that whoever hurts or us plans to, we will hurt them. geoff: and
but a u.s. official told netanyahu, get the hostage deal done, no more posturing, event if that allows gassen civilians to move north from rafah. another sticking point, the exact number of palestinian detainees who would be released from israeli detention in exchange to those 35 to 40 hostages. how far israel is willing to go on that compromise and how far or whether even hamas is willing to make a compromise remains to be seen. geoff: nick, thanks, as always. >> thank you. ♪ geoff: in...
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Apr 19, 2024
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u.s. calling for both sides to deescalate. >>> 12 jurors are seated in the trump trial. opening statements could come as soon as monday. >>> mike johnson pushing ahead with critical votes on aid to israel and ukraine. >> we look forward to the vote tomorrow. we look forward to every member voting their conscience and their desire. that's exactly how this process is supposed to work and how the house is supposed to operate. ♪♪ >>> good day, everyone. i'm andrea mitchell in washington. u.s. officials are hoping israel's low-key retaliation against iran, in what is called a limited military strike, will end the cycle without further conflict. flashes in the sky could be seen from iran's air defenses over the city of isfahan in the central part of the country. israeli officials would neither confirm nor deny the strikes being -- being responsible for the strikes, leading the u.s. to avoid confirming them as well. iranian officials are downplaying the strike today. iranian media reporting t
u.s. calling for both sides to deescalate. >>> 12 jurors are seated in the trump trial. opening statements could come as soon as monday. >>> mike johnson pushing ahead with critical votes on aid to israel and ukraine. >> we look forward to the vote tomorrow. we look forward to every member voting their conscience and their desire. that's exactly how this process is supposed to work and how the house is supposed to operate. ♪♪ >>> good day, everyone. i'm...
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Apr 3, 2024
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we have this u.s. economic data this week, and it is dampening hopes of further rate cuts from the federal reserve. more strong data on the u.s. economy, which we will bring you more on, next. we look at futures stateside pointing to a lower opening this morning, as they do in europe. euro stoxx 50 futures flat to the downside. we will have more on the markets, coming up, next. this is bloomberg. ♪ ♪ lizzy: good morning, this is bloomberg daybreak: europe and i'm lizzy burden. taiwan hit by the biggest earthquake in 25 years, disrupting chip manufacturing with four people related -- for people reported dead. following strong data from the u.s. economy mary daly believes there will be three cuts this year. mary: that is a reasonable baseline, this is projection, three rate cuts is a projection, not a promise. lizzie: presidents biden and xi jinping speak for the first time since november and the sale of tiktok was on the agenda. we will bring you the latest on the impact and market impact of the tai
we have this u.s. economic data this week, and it is dampening hopes of further rate cuts from the federal reserve. more strong data on the u.s. economy, which we will bring you more on, next. we look at futures stateside pointing to a lower opening this morning, as they do in europe. euro stoxx 50 futures flat to the downside. we will have more on the markets, coming up, next. this is bloomberg. ♪ ♪ lizzy: good morning, this is bloomberg daybreak: europe and i'm lizzy burden. taiwan hit by...
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Apr 22, 2024
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. >>> u.s. house lawmakers approve $60 billion in critical aid for ukraine as president zelenskyy calls for the rapid transfer of weapons. >> translator: this bill will send aid to ukraine and send the powerful signal it will not be the second afghanistan. this will strengthen the leadership of the united states. >>> good morning. welcome to the show. we start a new trading week and it is a different sentiment for european equities compared to what we saw last week. just to give you an idea at this stage with the european stoxx 600 trading higher by .30%. this is quite different as i was saying from last week when the benchmark ended the weekly session down 1.2%. what we're seeing is investors are setting aside the geopolitical concerns and they are focused on upcoming earnings and data. to give you the data points this week include from the united states and germany as well. we will get the core pce from the united states as well which is important to understand what the fed might do regarding
. >>> u.s. house lawmakers approve $60 billion in critical aid for ukraine as president zelenskyy calls for the rapid transfer of weapons. >> translator: this bill will send aid to ukraine and send the powerful signal it will not be the second afghanistan. this will strengthen the leadership of the united states. >>> good morning. welcome to the show. we start a new trading week and it is a different sentiment for european equities compared to what we saw last week. just...
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Apr 6, 2024
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the u.s. is also not upholding u.s. laws. it would mean because israel is blocking humanitarian aid and is engaging in gross violations of human rights, it is not eligible to receive u.s. military assistance. yet the weapons keep flowing. >> why do you think that is? >> i think it is political calculation that increasingly may be out of date. i think biden is a self identified zionist and this has been his stance thugh his long career. what i think americans are devastated and horrified by the images coming out of gaza. i think we are seeing a shift. i worry it will be too little and too late. >> can i ask about your personal position and decision and any shift? after the attacks by hamas, many countries around the world, allies of israel, stood firmly and defended israel's right to defend itself against hamas. was that your position? >> obviously, the attacks on october 7 were horrifying. but i think even very quickly, we saw the statements of what their intent was in terms of killing people and starting people. it was clear
the u.s. is also not upholding u.s. laws. it would mean because israel is blocking humanitarian aid and is engaging in gross violations of human rights, it is not eligible to receive u.s. military assistance. yet the weapons keep flowing. >> why do you think that is? >> i think it is political calculation that increasingly may be out of date. i think biden is a self identified zionist and this has been his stance thugh his long career. what i think americans are devastated and...
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Apr 3, 2024
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asking if the u.s. had his priorities wrong by failing to pass funding for ukraine in congress. >> every day they delay in the decision of the united states of providing more support ukraine has consequences on the battlefield. that's one of the reasons why the ukrainians are running out of ammunition. it is urgent that the united states make a decision and that congress is able to turn the majority and the u.s. public and also the u.s. congress into a concrete decision. caitriona: our defense correspondent is at the nato meeting. >> ukraine is not running out of courage but it was running out of ammunition. once again he appealed for the u.s. to pass its military aid that got stalled in congress. he's not just worried about the present, but also the longer-term. a long-term plan is set up for ukraine to give it the support it needs. that includes having a package of military aid of 100 billion euros, that's more than $100 billion over the next five years. also nato taking over the u.s. led contact whic
asking if the u.s. had his priorities wrong by failing to pass funding for ukraine in congress. >> every day they delay in the decision of the united states of providing more support ukraine has consequences on the battlefield. that's one of the reasons why the ukrainians are running out of ammunition. it is urgent that the united states make a decision and that congress is able to turn the majority and the u.s. public and also the u.s. congress into a concrete decision. caitriona: our...
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Apr 13, 2024
04/24
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the u.s. has been clear that it stands with israel and will help israel defend itself. but also the u.s. has been trying to avoid further escalation in the region. national security council tell us they expect this attack to unfold over a matter of hours. the president has been regularly updated as he made his way back from delaware, and he's also been talking to u.s. partners and allies. we are waiting for our questions to be answered by the national security council on which allies and partners he's been communicating with and if they are also going to be supporting israel potentially in any efforts to intercept the the incoming that's headed their way. also the vice president, kamala harris, and biden's e chief of staff are going to be joining this situation room meeting by secure video conference. they're going to be watching what develops there. we do is have, as jennifer griffin has been reporting on our air, assets positioned in the middle east to be able to assist israel if it becomes
the u.s. has been clear that it stands with israel and will help israel defend itself. but also the u.s. has been trying to avoid further escalation in the region. national security council tell us they expect this attack to unfold over a matter of hours. the president has been regularly updated as he made his way back from delaware, and he's also been talking to u.s. partners and allies. we are waiting for our questions to be answered by the national security council on which allies and...
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Apr 5, 2024
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the u.s. jobs report with geopolitical tensions bolstering oil's gains. one fed officials suggesting no rate cuts this year. samsung's profit rebounding in the first quarter thanks to a rebound in its chip division and smartphone sales. an interview with argentina's president, hobby or mal -- javier milei, plus a big lineup of guests. we previewed the upcoming rb i decision with credence family office. enter markets we go. it is risk off asia. the nonfarm payroll expect out of the u.s. numbers set to be pretty hot, 200,000 new jobs in march, a sign of further robust activity, perhaps justifying a delay in the federate cut. geopolitics also in play -- fed rate cut. geopolitics also in play. neel kashkari, minneapolis fed president, saying perhaps there may not be any rate cuts this year if progress on inflation stalls. china, taiwan, thailand on holiday. but we are on watch when it comes to the chinese yuan, pretty flat versus the usd. japan, losses for the nikkei. the yen extending gains after
the u.s. jobs report with geopolitical tensions bolstering oil's gains. one fed officials suggesting no rate cuts this year. samsung's profit rebounding in the first quarter thanks to a rebound in its chip division and smartphone sales. an interview with argentina's president, hobby or mal -- javier milei, plus a big lineup of guests. we previewed the upcoming rb i decision with credence family office. enter markets we go. it is risk off asia. the nonfarm payroll expect out of the u.s. numbers...
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Apr 16, 2024
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most u.s. treasury yields, in particular, two-year nite, quickly approached 5% -- note, quickly approached 5%. bell: those moves in treasuries really want to watch, especially for the ramification for other asset classes. let's bring in julia wang, executive director of global market strategist at j.p. morgan private bank. you sorta put a few different things in context. you got a stronger u.s. economy, the risk the fed stays on hold for higher for longer. you can add to that geopolitical fears as well. great start of the year for global equities. do you see perhaps us sitting out for a bit of a -- perhaps it setting up for a bit of a contraction? or does it hinge on earnings? julia: there are several things running through the market. i think the resilient u.s. economy is one of the biggest themes this year. we continue to think that that is the case over a longer time going to be supported for u.s. equities as an us across. we continue to be -- as an asset class. we continue to be quite posit
most u.s. treasury yields, in particular, two-year nite, quickly approached 5% -- note, quickly approached 5%. bell: those moves in treasuries really want to watch, especially for the ramification for other asset classes. let's bring in julia wang, executive director of global market strategist at j.p. morgan private bank. you sorta put a few different things in context. you got a stronger u.s. economy, the risk the fed stays on hold for higher for longer. you can add to that geopolitical fears...
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Apr 11, 2024
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the u.s. and japan unveil plans for deeper security ties as president biden hosts a state dinner for the prime minister of japan. let's start off with the markets. there's plenty going on. let's start with the data of the day. this is the number that moved everything. uscp i rising 4/10 of 1%, topping estimates for third month in a row. as for the june rate cut, the consensus seems to be, forget that. goleman says it sees to down. never mind. there's a presidential election then. let's wait and see what happens there. larry summers thinks the next move of the fed could be to tighten. all bets are off. we had the reverse situation in china as well. cpi for the month of march, 1/10 of 1%. ppi contracting for 18 months and around now. take a look at that board. the reaction is profound really with the big movements and yields. yields rising in some cases. the u.s. two-year knocking on the door of 5% right now. japan 10 year at its highest since november. big move and exit -- fx at well -- as well
the u.s. and japan unveil plans for deeper security ties as president biden hosts a state dinner for the prime minister of japan. let's start off with the markets. there's plenty going on. let's start with the data of the day. this is the number that moved everything. uscp i rising 4/10 of 1%, topping estimates for third month in a row. as for the june rate cut, the consensus seems to be, forget that. goleman says it sees to down. never mind. there's a presidential election then. let's wait and...
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Apr 12, 2024
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i think the u.s. is now quite clear in terms of saying that such is the commitment to the philippines in terms of mutual defense treaty. it's ironclad that any attack on the philippines would invoke that treaty precisely. for the philippines, as we've heard from marcos during our interview last march, that the philippines is trying not to poke the bear really. it's trying to be as calm as it can in terms of what it needs to do. it needs to resupply a military outpost that's been there for over a quarter century. hopefully asserting its claims, within its exclusive zone. obviously it's hoping that china would not propose those efforts. haslinda: we know that marcos is in d.c. for the second time in less than a year. suggesting deepening relationships between the philippines as well as the u.s. what kind of cooperation can we expect beyond defense? manolo: actually, what they've been doing -- outside of the defense ties, what they've been doing, the u.s. has supporting -- been supporting efforts to boos
i think the u.s. is now quite clear in terms of saying that such is the commitment to the philippines in terms of mutual defense treaty. it's ironclad that any attack on the philippines would invoke that treaty precisely. for the philippines, as we've heard from marcos during our interview last march, that the philippines is trying not to poke the bear really. it's trying to be as calm as it can in terms of what it needs to do. it needs to resupply a military outpost that's been there for over...
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Apr 1, 2024
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now, that world, which the u.s. essentially created at the end of the second world war is under challenge, a severe challenge. so, when you have china rattling its sabers, you see was happening in the philippines, the taiwan strait. china is rattling its sabers. russia is not. russia is fighting a full out war in europe as we sit here in beautiful, sunny washington, d.c. it is two years since they've been doing this. they are on a war economy. they are spending 40% of their budget on defense and internal security. they are not putting it into hospitals, roads, education, welfare. they are putting it into the military they are putting into the what military shane. -- machine. we in nato are not up to speed yet, and we have to realize, that china is rattling sabers and russia is fighting a war to turn the system that the u.s. created on its head. not the rule of law but the rule of brute force. bringing us back into the dark ages. a time that no one would like to revisit. the ukrainians are experiencing that as we spe
now, that world, which the u.s. essentially created at the end of the second world war is under challenge, a severe challenge. so, when you have china rattling its sabers, you see was happening in the philippines, the taiwan strait. china is rattling its sabers. russia is not. russia is fighting a full out war in europe as we sit here in beautiful, sunny washington, d.c. it is two years since they've been doing this. they are on a war economy. they are spending 40% of their budget on defense...
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Apr 10, 2024
04/24
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u.s. inflation. rafael bostic says he sees just one u.s.-made that this year. apple says it made $14 billion worth of iphones in india, double and production as the tech giant accelerates its private away from china. good morning and it is cautioned in the markets this morning as we await that inflation print. traders impatient for rate cuts and have already had to contend with two cpr reports this year. we have another thorn in their side. the stock were waiting for this report. you had the s&p 500 dipping. nvidia leading the losses. closing just above it. if we flip the board over to the cross as a picture, we are not expecting too much movement on treasuries as we wait for the cpi report triggering fireworks in the markets. but you did have treasuries climbing. while below that 4.5% level. 4.35% is where we are currently. the dollar pretty steady. brent back below $90 a barrel. holding the two day decline because on the one hand you had this industry report pointing to a gain in u.s. st
u.s. inflation. rafael bostic says he sees just one u.s.-made that this year. apple says it made $14 billion worth of iphones in india, double and production as the tech giant accelerates its private away from china. good morning and it is cautioned in the markets this morning as we await that inflation print. traders impatient for rate cuts and have already had to contend with two cpr reports this year. we have another thorn in their side. the stock were waiting for this report. you had the...
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Apr 12, 2024
04/24
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>> probably not. >> u.s. exceptionalism is what we are seeing. one of we gotten wrong? >> u.s. economy is pretty good relative to europe and we see it as well when i see u.s. ceos they are just seeing the backdrop in america as better than euro so a lot of things are going right in america. kriti: the ceo of nord's bank. he says the economy is good, things look resilient and he sees that across-the-board so what does that mean? for me it is the bond market story. we continue to see is 5% on the horizon? when was the last time we were at 5%? that brings me to the fall where you see the 5% level. picture the stock market overlay , closer and closer to the 5% level we see a drop, that is scary. repricing in equity is given bond market momentum increasing. where do we go from here? seeing steepness in yields, that's where the chart matters. 5%, 4.7, in terms of moving where the bond market is going to go, the crucial equation in central bank is driven by reserve and that is where the chart is handy. it is all one line despite the central banks. major topic of conversation on market
>> probably not. >> u.s. exceptionalism is what we are seeing. one of we gotten wrong? >> u.s. economy is pretty good relative to europe and we see it as well when i see u.s. ceos they are just seeing the backdrop in america as better than euro so a lot of things are going right in america. kriti: the ceo of nord's bank. he says the economy is good, things look resilient and he sees that across-the-board so what does that mean? for me it is the bond market story. we continue...