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May 2, 2024
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and a lot of people in the u.s. government, u.s. companies are worried about supply chain risk, including geopolitical risk. we have the trade agreement with mexico. that is something to advance friend-shoring. how do you think about this trend? >> thank you. i think that we are true believers of trade in mexico. we just became the number one partner of the u.s. last year. about $800 billion in trade. if we are partner number one of the u.s., that means an incredible effort in both countries in order -- this trend. last year also mexico received the most important foreign investment -- direct shoring investment in its history. what is interesting is that many of the companies in mexico, besides -- is they are looking for human capital. if you look there speak with the people of tesla, they say that they found out that they would have -- in mexico that will work. that was one of the most important efforts to stop that investment. another thing i can say is that when mexico exports, we have 40% of u.s. previous imports. when mexico ex
and a lot of people in the u.s. government, u.s. companies are worried about supply chain risk, including geopolitical risk. we have the trade agreement with mexico. that is something to advance friend-shoring. how do you think about this trend? >> thank you. i think that we are true believers of trade in mexico. we just became the number one partner of the u.s. last year. about $800 billion in trade. if we are partner number one of the u.s., that means an incredible effort in both...
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May 22, 2024
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u.s. and europe share a commitment to democratic values from individual liberty to the rule of law and from our response to the cold war to our response to russia's invasion of ukraine, we h for our citizens can live inng them free asse the benefits that brings. our alliance has bee critical to global peace and security. for decades, its strength has deterred those like otherwise who pursued aggressive action. we at it's the stability and securit enables us in the u.s., germany and throughou much of europe to live largely without of widespread conflict close to home and inve and plan for the future. our strong partnership has also brought tremendous economic benefits, not just indirectly from the security, but directly from trade and investment. the u.s. and e.u. are each other's largest trade and investment partners with two-way trade in goods a services totalling $1.4 trillion and combined foreign investment lling over $5 trillion. mi i germany, spain and the u.k. are one of countless ex
u.s. and europe share a commitment to democratic values from individual liberty to the rule of law and from our response to the cold war to our response to russia's invasion of ukraine, we h for our citizens can live inng them free asse the benefits that brings. our alliance has bee critical to global peace and security. for decades, its strength has deterred those like otherwise who pursued aggressive action. we at it's the stability and securit enables us in the u.s., germany and throughou...
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May 22, 2024
05/24
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the u.s. and europe share democratic values from individual liberty to the rule of law. and from our response to the cold war to our response to russia's recent invasion of ukraine, we have repeatedly stood up for these values safeguarding them so that our citizens can live in free societies and realize the benefits that brings. our alliance has been critical to peace and security. for decades, its strength has deterred those who might otherwise pursued aggressive action. we at times take this for granted. but it's this stability and security that has enabled us in the u.s., germany and through much of europe to live largely without fear of widespread conflict close to home and to informs and plan for the future. the u.s. and e.u. are each other's largest trade and investment partners with two-way goods and service totaling $1.4 trillion and combined foreign direct investment totaling over $5 trillion. microsoft's recent investment in germany, spain and the uk are one of countless examples and
the u.s. and europe share democratic values from individual liberty to the rule of law. and from our response to the cold war to our response to russia's recent invasion of ukraine, we have repeatedly stood up for these values safeguarding them so that our citizens can live in free societies and realize the benefits that brings. our alliance has been critical to peace and security. for decades, its strength has deterred those who might otherwise pursued aggressive action. we at times take this...
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May 17, 2024
05/24
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the u.s. military confirms the first deliveries of aid have arrived into gaza via temporary floating pier. president biden makes an appeal to black voters on the 17th anniversary of the landmark civil rights-era ruling that desegregated u.s. schools. hello, and welcome to "world news america." i'm caitrÍona perry. three israeli hostages taken captive by hamas october 7 have been found dead in gaza. israeli forces recover the bodies of itzhak gelerenter, amit buskila, and shani louk on friday. shani louk was confirmed dead at the end of october. the israeli army believes all three were killed at the nova music festival. they were among more than 250 hospitals taken -- hostages taken into gaza, of which roughly half are still unaccounted for. the idf expressed condolences to the victims' families. >> our hearts go out to them, to the families, at this difficult time. we will leave no stone unturned. we will do everything in our power to find our hostages and bring them home. we will not rest un
the u.s. military confirms the first deliveries of aid have arrived into gaza via temporary floating pier. president biden makes an appeal to black voters on the 17th anniversary of the landmark civil rights-era ruling that desegregated u.s. schools. hello, and welcome to "world news america." i'm caitrÍona perry. three israeli hostages taken captive by hamas october 7 have been found dead in gaza. israeli forces recover the bodies of itzhak gelerenter, amit buskila, and shani louk...
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May 10, 2024
05/24
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the u.s., where lawmakers are bitterly divided over president biden's remarks putting conditions over shipments to israel after the u.s. suspended sending some heavy bombs to israel over concerns about protecting civilians in southern gaza. in a rare warning from mr. biden wednesday, he reserved the right to suspend further u.s. arms shipments should israel proceed with an all-out offensive into rafah, saying the u.s. will continue to support israel's right to defend itself but when it comes to the rafah ground operation, the u.s. is "walking away from israel's ability to wage war in those areas." in response republican lawmakers wrote an open letter calling on the president to immediately end the blockage saying security assistant to israel is critical to the defense of the u.s. and the free world. republican senator lindsey graham has called the decision to halt arms absurd. >> i just want to emphasize one thing, this is all about president biden and lloyd austin trying to take over the war
the u.s., where lawmakers are bitterly divided over president biden's remarks putting conditions over shipments to israel after the u.s. suspended sending some heavy bombs to israel over concerns about protecting civilians in southern gaza. in a rare warning from mr. biden wednesday, he reserved the right to suspend further u.s. arms shipments should israel proceed with an all-out offensive into rafah, saying the u.s. will continue to support israel's right to defend itself but when it comes to...
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May 14, 2024
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the u.s. has weighed in on george's new law with the white house press secretary saying, we have been outspoken about our concerns with the legislation, which runs counter to democratic values, adding that, if this legislation passes, it will compel us to fundamentally reassess our relationship with georgia. the former u.s. ambassador to georgia served in that post from 2015-2018. thank you for being with us. supporters say this is about preventing outside influence on politics and others say it will clampdown on dissent. what is your view? >> my view is that it is a tool that the georgian dream ruling party wants to have in order to suppress opposition. of course, the russian federation did pass a similar law in 2012, which they did used to not only suppress the opposition but destroy it or force it overseas. the vast majority of georgians want to see georgia join the eu, join the west, as your correspondent said. this law, in addition to other movements by georgia in the past couple of years
the u.s. has weighed in on george's new law with the white house press secretary saying, we have been outspoken about our concerns with the legislation, which runs counter to democratic values, adding that, if this legislation passes, it will compel us to fundamentally reassess our relationship with georgia. the former u.s. ambassador to georgia served in that post from 2015-2018. thank you for being with us. supporters say this is about preventing outside influence on politics and others say...
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May 8, 2024
05/24
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the u.s. revokes licenses allowing huawei to buy semiconductors from qualcomm and intel, further tightening the screws of chinese tech giant. in indian stops -- stocks jumped to a tiredness -- highest on signs that modi's ruling priority may win fewer seats than expected in national elections. let's get you to markets and how markets are faring in asia. avril hong is on top of it. it seems that markets are looking for catalysts to go higher and finding none. avril: they are looking for something that will push the momentum as you well know. in the month of may asia stocks have done a pretty decent job in recouping that april route. this is thanks to fed optimism, as well as pretty solid earnings out of the u.s. as we saw overnight, u.s. stock string of gains has stalled. asia stocks, a struggle for direction and the clients are being led by japan where we are seeing strength is in the u.s. dollar. that's putting pressure on u.s. currencies. put the board. i wanted to show you some of the stock
the u.s. revokes licenses allowing huawei to buy semiconductors from qualcomm and intel, further tightening the screws of chinese tech giant. in indian stops -- stocks jumped to a tiredness -- highest on signs that modi's ruling priority may win fewer seats than expected in national elections. let's get you to markets and how markets are faring in asia. avril hong is on top of it. it seems that markets are looking for catalysts to go higher and finding none. avril: they are looking for...
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May 30, 2024
05/24
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max, head of u.s. equity research at ubs. >>> let's get back to the corporate stories here as i alluded to, bhp has walked away from the 39 billion pound pursuit of anglo american after the six-week offer where it raised its price. bhp's desire to sell off the iron ore operations ran away from the board who called the plan highly complex and unattractive. anglo american shares off 9% this morning. we saw bigger losses in yesterday's trade. bhp, you would see relief for the acquirer here. not really happening this morning. shares are off by roughly 1%. >>> china's foreign ministry has call on the eu to end the probe into chinese electric vehicles amid reports russells will postpone any tariffs on until after the european elections on june 9th. the ministry claims it is unreason able and not in line with international rules. a commission spokesperson told cnbc the investigation is ongoing. >>> auto trader has posted a pre-tax profit of 345 million pounds per year and revenue climbing to 571 million pound
max, head of u.s. equity research at ubs. >>> let's get back to the corporate stories here as i alluded to, bhp has walked away from the 39 billion pound pursuit of anglo american after the six-week offer where it raised its price. bhp's desire to sell off the iron ore operations ran away from the board who called the plan highly complex and unattractive. anglo american shares off 9% this morning. we saw bigger losses in yesterday's trade. bhp, you would see relief for the acquirer...
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May 8, 2024
05/24
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the u.s. nato bombing of the chinese embassy in belgrade 35 years ago, submitting those ties with the belgrade government. now this one to hungary will really bring all of the issues together where we are expecting xi jinping and the government of viktor orban to sign more than a dozen agreements. a lot of them will be in the priority industries xi jinping is pushing. the so-called new three including electric vehicles. already bite -- byd in december announced it would build its first european plant in hungary. if that is underway now. we are expecting possibly another even bigger ev plant to be announced at sometime today. assigned with great wall motor. see atl, the big battery maker, is also building a big battery plant in east hungary. clearly victor or bond costs -- victor or bond is welcoming chinese investment with open arms and he has also been at odds with other european union leaders especially over its stance on russia. he has open arms with chinese investments. there is this belgr
the u.s. nato bombing of the chinese embassy in belgrade 35 years ago, submitting those ties with the belgrade government. now this one to hungary will really bring all of the issues together where we are expecting xi jinping and the government of viktor orban to sign more than a dozen agreements. a lot of them will be in the priority industries xi jinping is pushing. the so-called new three including electric vehicles. already bite -- byd in december announced it would build its first european...
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May 24, 2024
05/24
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u.s. business to disperse about on the fed holding interest rates until at least december. sec approves trade products tied to ether, opening the door for a spot etf, and we are live at the g7 finance meeting in italy where ukraine's allies are wrestling over a deal to use frozen russian assets to support kyiv. we will be speaking to a secretary-general later this hour. let's check in on these markets, global stocks at bonds up for weekly declines. the good news on the data front, bad news for the markets team is a back with u.s. activity data. composite pmi, services, and manufacturing strengthening the most, composite and about two years. that led to a selloff on wall street. european futures, a losses of point five of 1%. consumer confidence picking up for a second consecutive month in the u.k. losses across the ftse 100. s&p futures looking to modest gains after losses of yesterday. nvidia was the bright spot yesterday across the u.s. equity space with gains around 9%. let's have a loo
u.s. business to disperse about on the fed holding interest rates until at least december. sec approves trade products tied to ether, opening the door for a spot etf, and we are live at the g7 finance meeting in italy where ukraine's allies are wrestling over a deal to use frozen russian assets to support kyiv. we will be speaking to a secretary-general later this hour. let's check in on these markets, global stocks at bonds up for weekly declines. the good news on the data front, bad news for...
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May 15, 2024
05/24
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>> first of all, in the u.s., elian's is a very big player in the u.s.. we are committed to the u.s. market. that is a very big player on the left side. when it comes to our specialty plate, we are very committed to the u.s. market. we have decided to do this divestment in the u.s. where we are quiet small to ensure that we can focus on what we are, really good. there is this operation that is really small when you look at the size, it is much for the fact that we are extremely diligent and looking at what makes sense in terms of capital deployment. that is definitely the logic of this divestment as well. >> what is your comfort level? what is your expectation about the ability for al jones to return >> you may remember last time -- this one billion share buyback -- i think it is a bit too early to discuss it. we do not leave everything on the table when it comes to regrading value for this. quick thank you for sticking with us on those technical issues. we appreciate it. they have seen strong revenue growth in the first quarter. we will discuss that and
>> first of all, in the u.s., elian's is a very big player in the u.s.. we are committed to the u.s. market. that is a very big player on the left side. when it comes to our specialty plate, we are very committed to the u.s. market. we have decided to do this divestment in the u.s. where we are quiet small to ensure that we can focus on what we are, really good. there is this operation that is really small when you look at the size, it is much for the fact that we are extremely diligent...
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May 6, 2024
05/24
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the full for u.s. equities driven very much by tech and the ai story, and i think that is a secular thing that makes the u.s. standout on a structural basis. but from a more tactical view we are potentially seeing a bit more convergence. lisa: so do you find that some of the area that have led our kind of shifting, and that actually there is a big rotation underfoot that feels sustainable to you? not just as a broadening out but away from big tech, away from u.s. cap focused, toward the rest of the world, toward consumer cyclicals? >> i don't think it is necessarily sustainable in the longer term view. this is a reversion from those part of the margate that have lagged into what could be a bit of a lull. so that is the environment where you do get the intervention. jonathan: there are one or two ways the spread can close. something can get better or something can get worse. we talk about convergence, are we talking about something improving or something getting worse? >> it feels like a bit of a catch-
the full for u.s. equities driven very much by tech and the ai story, and i think that is a secular thing that makes the u.s. standout on a structural basis. but from a more tactical view we are potentially seeing a bit more convergence. lisa: so do you find that some of the area that have led our kind of shifting, and that actually there is a big rotation underfoot that feels sustainable to you? not just as a broadening out but away from big tech, away from u.s. cap focused, toward the rest of...
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May 10, 2024
05/24
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some the -- some of the vehicles priced cheaply for u.s. consumers, and may or may not pass u.s. safety rules. they still have a multi-talent -- thousand dollar cost advantage when it comes to ev drive components. in this hemisphere, that is all being developed as part of the inflation reduction act to meet requirements to get the tax benefits for consumers. it is going to take a few years to build that out. in the meantime, the government doesn't want chinese ev's so you are undercutting everything they are trying to do. sonali: how do we think about this moving forward? you were talking about ipos broadening in terms of scope. are we seeing enough breadth in the market to be able to chomp on new stock? >> i think we do have the sign that in terms of this being oversubscribed and the strength for viking that there is -- there has been so much reticence around ipo market and capital markets. we had big ones last year that did ok, but not wonderfully. i think investors are going to look for these signs. some of the other china ev makers are trading with the biden headlines. they a
some the -- some of the vehicles priced cheaply for u.s. consumers, and may or may not pass u.s. safety rules. they still have a multi-talent -- thousand dollar cost advantage when it comes to ev drive components. in this hemisphere, that is all being developed as part of the inflation reduction act to meet requirements to get the tax benefits for consumers. it is going to take a few years to build that out. in the meantime, the government doesn't want chinese ev's so you are undercutting...
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May 15, 2024
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u.s. inflation print but traders seem to be interpreting it as a risk-on event. haidi: particularly after producer prices showed stickier inflation. we heard commentary from jay powell suggesting higher for longer is still where the narrative is. this kind of push and pull between fiscal and monetary policy is present here in australia with this budget that delivers subsidies to just about every household how is that going to potentially translate into that inflation battle being won? annabelle: certainly could complicate the picture for the rba moving forward. we have the opens of japan and australian. south korea shut today for a public holiday as is hong kong. japan coming online this morning and we are in the thick of earnings season for japanese companies. lots of different announcements last week and this week. today the focus is very much on the japanese financial companies because we have the likes of mitsubishi and more, all releasing their numbers. nomura also one we are tracking
u.s. inflation print but traders seem to be interpreting it as a risk-on event. haidi: particularly after producer prices showed stickier inflation. we heard commentary from jay powell suggesting higher for longer is still where the narrative is. this kind of push and pull between fiscal and monetary policy is present here in australia with this budget that delivers subsidies to just about every household how is that going to potentially translate into that inflation battle being won?...
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May 31, 2024
05/24
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u.s. is getting a lot of this money. china and the u.s. are the primary development and nubs the past. but we've seen an increase in the am of investments in the middle east. the complexity is that it's not clear how the a.i. applications are going to be used and who they're going to be used for in the middle east, they will be working with chinese companies or other asian companies as well. they're trying to see how they're being used especially the high volume shements. where are they going to go before they grant more licenses to the likes of nvidia and m.d.? >> we werier we were talk talking about the yeso and nvidia had to sell off. what does it mean for the companies involved? >> nvidia has been a rocket ride. it's a 2.7 investors. jason wing said they can sell as this point. the biggest or customers are all the big american tech giants led by microsoft and google until particular. it's also selling it to other regions. so their sales are not isn't it part of their sells that point and they certainly respect ainge to get alternative
u.s. is getting a lot of this money. china and the u.s. are the primary development and nubs the past. but we've seen an increase in the am of investments in the middle east. the complexity is that it's not clear how the a.i. applications are going to be used and who they're going to be used for in the middle east, they will be working with chinese companies or other asian companies as well. they're trying to see how they're being used especially the high volume shements. where are they going...
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May 2, 2024
05/24
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in the u.s. and around the world including places like harvard -- these researchers are applying to get funding to win prizes from this competition. they got the money was coming from the foundation. they actually had no idea that all along, this competition was 100% funded by wally -- by huawei. >> a number of donors remain anonymous, so they say there's nothing unusual about the practice, but is it illegal at all? >> yes, they did say there are a lot of donors that prefer to remain anonymous. that's true generally in terms of donors to the foundation. in terms of donors to specific competitions and prizes the foundation is sponsoring, there are 11 on the webpage where this huawei-sponsored one exists, and all 10 other than this one make very clear who is sponsoring it. it's usually individuals, companies, or some sort of combination, but this particular prize does not have any disclosure on its sponsorship. at the same time, none of this appears to be illegal. there's so many restrictions on hu
in the u.s. and around the world including places like harvard -- these researchers are applying to get funding to win prizes from this competition. they got the money was coming from the foundation. they actually had no idea that all along, this competition was 100% funded by wally -- by huawei. >> a number of donors remain anonymous, so they say there's nothing unusual about the practice, but is it illegal at all? >> yes, they did say there are a lot of donors that prefer to...
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May 28, 2024
05/24
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u.s. con p assumesumers remaine resilient. i'm not seeing a need to give a rate cut we need to get it right. >>> u.s. futures are pointing higher as investors look ahead to friday's all-important pce print. >>> israel announcing an investigation into the strike that killed dozens of civilians in the camp in rafah with prime minister benjamin netanyahu blaming a technical failure. >> translator: despite our utmost effort not to harm residents, a tragedy occurred yesterday. we are investigating a case. we will draw conclusions because this is our policy. >>> and 120 business leaders, including senior figures from jpmorgan chase and aston martin back the labour party ahead of the july's general election. >>> good morning, everyone so glad you are with us today. we have a packed show for you today. let's get things rolling minneapolis fed president neel kashkari on the record telling cnbc in the past half hour that nothing is off the table with monetary policy. not even a rate hike he says inf
u.s. con p assumesumers remaine resilient. i'm not seeing a need to give a rate cut we need to get it right. >>> u.s. futures are pointing higher as investors look ahead to friday's all-important pce print. >>> israel announcing an investigation into the strike that killed dozens of civilians in the camp in rafah with prime minister benjamin netanyahu blaming a technical failure. >> translator: despite our utmost effort not to harm residents, a tragedy occurred...
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May 18, 2024
05/24
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FBC
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so they are abroad. >> let's switch over to the u.s. we sell numbers about the u.s. federal deficit. you are concerned as well but people are always concerned as is something finally coming home to roost. >> at tickets much worse now and you can measure that in terms of the national debt as a percentage of gdp so it has gone up and it's doubled as a percentage of gdp sense i first started harping on this in 1990, what that means the government is taking more than its share in doing it through taxation and through debt in both of those hurt small businesses it's a crowding out getting more and more intense and also goes into the regulatory as the government gets more and more money what they do is pop it into people that will write regulations to regulate businesses to make them get more of their money to the government and i think were in a dangerous spiral right now. >> you said changes needed in washington but the stock market hit a new high and inflation is cooling and employment strong, what's not to like about that. >> be careful on the stock market, often times
so they are abroad. >> let's switch over to the u.s. we sell numbers about the u.s. federal deficit. you are concerned as well but people are always concerned as is something finally coming home to roost. >> at tickets much worse now and you can measure that in terms of the national debt as a percentage of gdp so it has gone up and it's doubled as a percentage of gdp sense i first started harping on this in 1990, what that means the government is taking more than its share in doing...
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May 21, 2024
05/24
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analysis in the u.s. from macy's and lowe's. a touch point on u.s. consumer. those data points crossing today in u.s. time. get a roundup of stories you need to know. subscribers can go to the terminal. coming up, a new a.i. powered partnership in an exclusive interview with ed ludlow later in the show. this is bloomberg. ♪ ♪ the ics application for arrest warrants against israeli leaders. we reject the application against israel. and it should be said that it is not just the israeli prime minister of war crimes. it is not just the prime minister, near accusing others. these are not the only names in it is worth putting out that they have not issued them yet. both sides are saying allegations are unwarranted for the reaction including the israeli prime minister. he said it was a moral outrage. it was met with the u.s. president calling it outrageous. antony blink and says they reject the decision. it is important to know that the decision has stopped short of a warrant. in terms of significance, at this point it is unlikely to affect the course of the war,
analysis in the u.s. from macy's and lowe's. a touch point on u.s. consumer. those data points crossing today in u.s. time. get a roundup of stories you need to know. subscribers can go to the terminal. coming up, a new a.i. powered partnership in an exclusive interview with ed ludlow later in the show. this is bloomberg. ♪ ♪ the ics application for arrest warrants against israeli leaders. we reject the application against israel. and it should be said that it is not just the israeli prime...
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May 23, 2024
05/24
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each u.s. attorney's office has a coordinator and the fbi has a joint terrorism task force for the districts. the more general question, we have a robust review process. all national security cases have to touch base with the national security division which can review to ensure that the principles of federal prosecution determine which prosecution should be brought and which shouldn't are done. i want to emphasize that we do not prosecute based on the ethnicity of any person. we are only looking at prosecuting people who are working for our adversaries in an effort to injure the united states. that is not in any way a part of ethnicity of people in the u.s. >> thank you. i yield back. >> that concludes the first round of questions. we have a few minutes to go. is there a desire of members for a second round? >> if that is agreeable with you? >> excellent. thank you. >> mr. garcia? >> yes. i want to follow up on the assertion that was made for my colleagues from pennsylvania and new york that i
each u.s. attorney's office has a coordinator and the fbi has a joint terrorism task force for the districts. the more general question, we have a robust review process. all national security cases have to touch base with the national security division which can review to ensure that the principles of federal prosecution determine which prosecution should be brought and which shouldn't are done. i want to emphasize that we do not prosecute based on the ethnicity of any person. we are only...
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May 16, 2024
05/24
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avril: this is the post u.s. cpi everything rally, whether you're talking about stocks, bonds, currencies, commodities, all gaining ground amid those expectations that we will see fed rate cuts as soon as september. we are hearing some of the fed speakers not sounding terribly convinced. that is worth noting, one economist says the fixation on inflation out of the u.s. seems to be prompting an overreaction to the u.s. cpi print. still we are seeing green, australia's leading the charge. we had some jobless data and a surge on the jobless rate pumping expectations of a rate cut there. even the guinness climbing, despite japan's gdp contracting more than expected. let's flip the board, we are back from the holiday and traders are getting their first chance to react to some of these chinese tech earnings. tencent beat on earnings we sell the lift for sales coming through from the tiktok style services. it was a different story for alibaba. it was amiss, dragged by investments. the divergence in profits reflected in
avril: this is the post u.s. cpi everything rally, whether you're talking about stocks, bonds, currencies, commodities, all gaining ground amid those expectations that we will see fed rate cuts as soon as september. we are hearing some of the fed speakers not sounding terribly convinced. that is worth noting, one economist says the fixation on inflation out of the u.s. seems to be prompting an overreaction to the u.s. cpi print. still we are seeing green, australia's leading the charge. we had...
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May 23, 2024
05/24
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the u.s. election this autumn, and here when he can. >> i am absolutely delighted during this election campaign that my good friend nigel faraj will be helping out significantly in campaigning to drive home the message of reform u.k. and how we can save britain. correspondent: also hoping to siphon votes away from the conservatives are the liberal democrats. they launched yesterday. today, their leaders have concentrated their efforts on several different target seats. >> we all know the country is crying out for change. we all know that. we all feel it in our bones. but there are places around the country where it is the liberal democrats who can deliver that change, where we are the key challengers to the conservatives, and it is in those areas that we are really going after conservative mps because we are best in place to beat them during this election. correspondent: richie sunak might have been hoping to catch parties on the back foot. >> we are hitting the road today to start the electio
the u.s. election this autumn, and here when he can. >> i am absolutely delighted during this election campaign that my good friend nigel faraj will be helping out significantly in campaigning to drive home the message of reform u.k. and how we can save britain. correspondent: also hoping to siphon votes away from the conservatives are the liberal democrats. they launched yesterday. today, their leaders have concentrated their efforts on several different target seats. >> we all...
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May 8, 2024
05/24
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the u.s. dollar. we will do a deep dive on the japanese yen in a minute. a challenge once again in terms of the emfx space. 4.83, two-year, brent $82 a barrel, down 0.6%. we keep an eye on the stockpile buildout in the u.s. and geopolitics. $82 a barrel on brent, gold at 2318, a little puff for the yellow metal. let's cross over to avril hong standing by with the earnings story in singapore. what are you looking at this morning? >> just what you just outlined there, as we see that winning streak of four straight sessions being snapped, tracking wall street performance, the declines being led by the nikkei, as it slumped about 1.7% at one point. this was no thanks to the declines in tech stocks, but also as the focus shifted towards the earnings, as we had the automating document -- auto making giant toyota reporting. the sector is declining. the numbers show the miss on the outlook for the full year. this is no thanks to the production cuts related to the safety scandal. the stock slumped as m
the u.s. dollar. we will do a deep dive on the japanese yen in a minute. a challenge once again in terms of the emfx space. 4.83, two-year, brent $82 a barrel, down 0.6%. we keep an eye on the stockpile buildout in the u.s. and geopolitics. $82 a barrel on brent, gold at 2318, a little puff for the yellow metal. let's cross over to avril hong standing by with the earnings story in singapore. what are you looking at this morning? >> just what you just outlined there, as we see that winning...
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May 26, 2024
05/24
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., early u.s. religion and reform. the book is missionary diplomacy, religion in 19th century american foreign relations this year by, cornell university press, the book's author emily conroy-krutz, is an associate professor history at michigan state university. she is a historian of the global history, the 19th set of 19th century america. in addition, missionary diplomacy. emily is, the author of christian imperialism converting the world in the early america. that is one of my favorite books of all times. i thought until this i did it in very nice job, emily. and she is also the coeditor of a book that came out last year the early imperial republic from the american revolution to the us mexican mexican war. here. i want to take a quick word because. the difficulty for me as chair today is that job is to get everybody else to talk, including you all. but if you don't mind, just indulge me for a second to give you just a quick word. this i did. i just want to give a quick word about the book and i
., early u.s. religion and reform. the book is missionary diplomacy, religion in 19th century american foreign relations this year by, cornell university press, the book's author emily conroy-krutz, is an associate professor history at michigan state university. she is a historian of the global history, the 19th set of 19th century america. in addition, missionary diplomacy. emily is, the author of christian imperialism converting the world in the early america. that is one of my favorite books...
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May 8, 2024
05/24
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., the u.s. has revoked some zport licenses that allow companies to sell chips to equipment maker huawei it's the latest move after it releaset its first laptop. >>> and tiktok has filed a lawsuit against the u.s. government as it tries to stop the enforcement of a bill that aims at forcing the chinese owner to sep the company or risk a ban. they believe it's a violation of first amendment, the right to free speech. >>> tiktok buyer steven mnuchin told cnbc the lawsuit would support a good outcome. >> you'd have a year to rebuild the technology, which i think could be a major effort but could be done. my concern is that if they spend six mondays litigating and then try to do a deal, it's impossible to build the technology in that time frame. >>> and apple unveiled a new ipad pro and air model with a faster m 4 chip that can handle artificial intelligence and comes at $1,000. it's coming in awith a higher screen. >>> and druckenmiller cuts nvidia stake says iowa may be overhyped. it's only to beco
., the u.s. has revoked some zport licenses that allow companies to sell chips to equipment maker huawei it's the latest move after it releaset its first laptop. >>> and tiktok has filed a lawsuit against the u.s. government as it tries to stop the enforcement of a bill that aims at forcing the chinese owner to sep the company or risk a ban. they believe it's a violation of first amendment, the right to free speech. >>> tiktok buyer steven mnuchin told cnbc the lawsuit would...
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May 4, 2024
05/24
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we know the u.s. is working with allies and partners, particularly at the u.n., and through the un security council resolution on this issue. to start off, could you tell us more about what the u.s. assesses that russia is developing, and how is the u.s. working on this threat? asst sec. stewart: thank you all. really happy to be here today. the united states is extremely concerned that russia may be considering the incorporation of nuclear weapons into its counterspace programs based on information we deem credible. the united states has been aware of russia's pursuit of this capability dating back years, but only recently have we been able to make a more precise assessment of their progress. russia has publicly claimed that there satellite is for scientific purposes. however, the orbit is in the region not used by any other spacecraft that in itself was somewhat unusual, and the orbit is a region of higher radiation than normal lower-earth orbits. but not high enough of a radiation environment to al
we know the u.s. is working with allies and partners, particularly at the u.n., and through the un security council resolution on this issue. to start off, could you tell us more about what the u.s. assesses that russia is developing, and how is the u.s. working on this threat? asst sec. stewart: thank you all. really happy to be here today. the united states is extremely concerned that russia may be considering the incorporation of nuclear weapons into its counterspace programs based on...
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May 17, 2024
05/24
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the u.s., china had such a long time to prepare, days of they could have hit the switch and unleashed tariffs and they didn't and i can't help but wonder if it is because of this data. jonathan: here are the scores for you this friday morning, s&p futures on the 500 are unchanged, going nowhere, your 10-year yield is 400 3866 with a foreign-exchange dollar showing strength against the weaker euro. ecb has more on the mixed move, 43 other euro-dollar. coming up, we check in on the ny melon on why you should remain overweight as china takes measures to prop up the economy and access managers on the independence of the ecb. top story, stocks and bonds giving up post cpi gains. they want to stress that global investors remain overweight on u.s. assets, irrespective of the fed or macro concentration risks that need to be considered with anticipated just -- diversification being a feature in the second half of the year. jeff, why wait until the second half of the year? only a few months away to star
the u.s., china had such a long time to prepare, days of they could have hit the switch and unleashed tariffs and they didn't and i can't help but wonder if it is because of this data. jonathan: here are the scores for you this friday morning, s&p futures on the 500 are unchanged, going nowhere, your 10-year yield is 400 3866 with a foreign-exchange dollar showing strength against the weaker euro. ecb has more on the mixed move, 43 other euro-dollar. coming up, we check in on the ny melon...
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May 16, 2024
05/24
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u.s. house and senate. each week writers and historians tell these stories. you'll also see historic footage from these periods and examine the impact and legacy of key congressional hearings. this week we look at the investigation that followed the deadly 1993 siege at the branch davidian compound near waco, texas, and what that event has mentioned the years that followed. watch congress investigates saturdays at 7:00 p.m. eastern on c-span 2. >>> c-span is your unfiltered view of government. we are funded by these elevation companies and more including charter communications. >> charter is proud to be recognized as one of the best internet providers and we are just getting started, building 100,0 miles of new infrastructure to reach those who need it most. >> charter communications supports c-span as a public service along with these other television providers, giving you a front row seat to democracy. >> up next, the commanders of u.s. northern command and u.s. southern command testify
u.s. house and senate. each week writers and historians tell these stories. you'll also see historic footage from these periods and examine the impact and legacy of key congressional hearings. this week we look at the investigation that followed the deadly 1993 siege at the branch davidian compound near waco, texas, and what that event has mentioned the years that followed. watch congress investigates saturdays at 7:00 p.m. eastern on c-span 2. >>> c-span is your unfiltered view of...
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May 7, 2024
05/24
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where is the u.s. stand in terms of its pressure? >> u.s. president joe biden spoke again with the israeli prime minister benjamin netanyahu. that's twice in a couple of days and said to him directly, if you do a big offensive in rafah, i will consider that. they have been strong on their views on the possibility of that offense. they are not stopping the supply of weapons to israel. they say it's a strategic military ally and israel has the right to defend itself to do it needs to against hamas. what else can the u.s. do aside from calling on israel to show restraint when it comes to civilians in that area. they won't cut off military aid to that country. again, the question is about the level of u.s. influence over israel or whether it's using all the influence that it could. tom: fast-moving events unfolding in that region. bloomberg's news director giving us the latest and the contacts. coming up on your day ahead. 6:30 a.m., back to the earnings story. the germany-based chipmaker, those earnings coming through and we will speak to the c
where is the u.s. stand in terms of its pressure? >> u.s. president joe biden spoke again with the israeli prime minister benjamin netanyahu. that's twice in a couple of days and said to him directly, if you do a big offensive in rafah, i will consider that. they have been strong on their views on the possibility of that offense. they are not stopping the supply of weapons to israel. they say it's a strategic military ally and israel has the right to defend itself to do it needs to...
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May 17, 2024
05/24
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u.s. bench prices and wti prices continuing to hold below that 80 dollar per barrel mark and down 1.17% to $79.12. ice brent up to $83.62. with all of that in mind, let's see how europe is shaping up as its trading day is in the early stages and let's look at the early market action across the pond. >> good morning. if looking for a mixed market as mix as they come. stocks going in different directions. again, earnings news seems to be shifting things along and seen record highs for the overall european market. even the market then out of the uk ftse 100 managed to reach record highs than in previous sessions but, yesterday, not doing too well and today following in that trend a third of a percent weaker and erpgs picture is looking towards that. numbers are coming out unpack those in a bit. smi out of switzerland up around two-thirds of a percent and because of a stock we will show you in a bit. overall, this is what is moving things along quite significantly. technology stocks have gone
u.s. bench prices and wti prices continuing to hold below that 80 dollar per barrel mark and down 1.17% to $79.12. ice brent up to $83.62. with all of that in mind, let's see how europe is shaping up as its trading day is in the early stages and let's look at the early market action across the pond. >> good morning. if looking for a mixed market as mix as they come. stocks going in different directions. again, earnings news seems to be shifting things along and seen record highs for the...
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May 20, 2024
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two, on broad u.s. support for the alliance, i'll say public opinion data, actually the most recent poll that came out showed that u.s. support for the nato alliance is up. it seems that folks increasingly understand why this alliance serves u.s. interests and why it serves our allies interest and that bumper stickers that we say a lot, stronger together. isn't just the bumper sticker, it's the truth. coping with ukraine is something that we need to do with 50 other countries around the world in terms of providing valuable security assistance. coping with instability elsewhere in the world requires us to work with our closest allies and partners, it's not just ukraine. i think that fundamentally americans understand the value of alliances and the importance of the nato alliance in particular. but also, i'll say, when i travel around the united states and encounter americans in places far away from washington d.c., i think, again, there is this kind of bipartisan support that it's-- nato is not a partisa
two, on broad u.s. support for the alliance, i'll say public opinion data, actually the most recent poll that came out showed that u.s. support for the nato alliance is up. it seems that folks increasingly understand why this alliance serves u.s. interests and why it serves our allies interest and that bumper stickers that we say a lot, stronger together. isn't just the bumper sticker, it's the truth. coping with ukraine is something that we need to do with 50 other countries around the world...
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May 2, 2024
05/24
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he would gut the u.s. civil service, deploy the national guard to american cities as he sees fit, close the white house pandemic preparedness office and staff his administration with acolytes who back his false assertions that the 2020 election was stolen.
he would gut the u.s. civil service, deploy the national guard to american cities as he sees fit, close the white house pandemic preparedness office and staff his administration with acolytes who back his false assertions that the 2020 election was stolen.
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May 17, 2024
05/24
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the u.s. government should be working to bring these americans home and this incentivize the wrongful attention of americans in the future by state actors or nonstate actors for this means congress must play an important role in conjunction with the executive branch. a start in 2020 codifying the work of both president obama and president trump, however, more should be done. first, no country or nonstate actors should be able to take an american with impunity, period, these instances should be punished, and they should be a focal point of foreign policy. it should be at the top of every bilateral or diplomatic meeting or negotiation with countries at hand that americans be released before we start that conversation. finally, transparency and mitigation with the families must continue to improve. that is what i'm committed to come with us will congress is committed to, that is why i appreciate chairman mccall and chairman mast putting together this roundtable. i yield back. rep. mast: thank you
the u.s. government should be working to bring these americans home and this incentivize the wrongful attention of americans in the future by state actors or nonstate actors for this means congress must play an important role in conjunction with the executive branch. a start in 2020 codifying the work of both president obama and president trump, however, more should be done. first, no country or nonstate actors should be able to take an american with impunity, period, these instances should be...
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May 5, 2024
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and germany and u.s. about it, and alexei navalny was a part of it and unfortunately a couple of days later we learned of his death. i want to ask you, is there still a deal on the table? where do things stand? >> thank you, emily. the last 13 months of evan's incarceration are these glimpses of conversations that have gone on between the united states and russia. initially we heard about the first one, a deal potentially for evan and for paul whelan, of course, who has been there for five years. and that proposal was made sometime late in november and it was rejected and then, as we've reported, there was some discussion of a potential deal that would have involved navalny and since then, we've been assured by the government, u.s. government that they continue to work very hard on it. roger carson is the special presidential envoy, has said a new proposal is being put together, which we find very encouraging. the issue for us is that this has to be done now. we have a window now to make a difference in s
and germany and u.s. about it, and alexei navalny was a part of it and unfortunately a couple of days later we learned of his death. i want to ask you, is there still a deal on the table? where do things stand? >> thank you, emily. the last 13 months of evan's incarceration are these glimpses of conversations that have gone on between the united states and russia. initially we heard about the first one, a deal potentially for evan and for paul whelan, of course, who has been there for...
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May 17, 2024
05/24
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the u.s. state department issued a worldwide caution security alert today addressing threats to the lgbtq community. in its statement the department said it is “aware of the increased potential for foreign terrorist organization-inspired violce against lgbtqi+ persons and events and advises u.s. citizens overseas to exercise increased caution." the alert comes two weeks before the start of pride month in the u.s. russia has carried out multiple strikes on ukrainian territory today. at least one person was killed and eight injured near the black sea port of odessa. five others were hospitalized. the mayor of kharkiv says russian bombs killed three people. ukraine's second largest city has come under increasing attack. president putin said russia will not invade the city but aims to use it as a buffer zone. >> as for what is happening in the kharkiv direction, this is also their fault because they shoot residential areas of the border territories, including belgorod. i said publicly that if th
the u.s. state department issued a worldwide caution security alert today addressing threats to the lgbtq community. in its statement the department said it is “aware of the increased potential for foreign terrorist organization-inspired violce against lgbtqi+ persons and events and advises u.s. citizens overseas to exercise increased caution." the alert comes two weeks before the start of pride month in the u.s. russia has carried out multiple strikes on ukrainian territory today. at...
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May 14, 2024
05/24
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cvs, the u.s. doesn't buy a lot of chinese ev's but there will be trade diversion of chinese exports to other places. whether that is south america, europe, you are already seeing south american companies -- countries putting tariffs on chinese goods. will there be a trade reaction from other countries as u.s. actions cause a reshuffling of where goods are traded around the world? this is an effect from china. tom: that is interesting. it is a trend that we will watch. how do you think about characterizing this? is this a new normal or a step up in tensions, or the start of a new trade war between the two powers? james: i think the new normal, this is the new normal of increasingly separated trade blocs. the u.s. is setting up a system where they have created a defensive wall around the sectors. they identified as strategic. so chinese goods are limited in how much they can sell into those. you see that in solar panels and ev's, batteries where the trend is over the next few years, rules will mean
cvs, the u.s. doesn't buy a lot of chinese ev's but there will be trade diversion of chinese exports to other places. whether that is south america, europe, you are already seeing south american companies -- countries putting tariffs on chinese goods. will there be a trade reaction from other countries as u.s. actions cause a reshuffling of where goods are traded around the world? this is an effect from china. tom: that is interesting. it is a trend that we will watch. how do you think about...
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May 1, 2024
05/24
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will the u.s. is moved away from negotiating traditional trade agreements, singapore has charged ahead, you've not implemented 27 fta's. within singapore do you think of those is just part of your economic agenda or do you also think about them as part of a foreign policy tool? >> well, i would start off by saying that trade is three times the gdp in singapore. we obviously know the position i will take. i believe in the rules-based trading system. how it was forged by the u.s. coming out of world war ii and has over the decades contributed i think, immensely to international stability, economic growth, allowing countries large and small to repeat efficiencies of scale, productivity, dividends from innovation and someone. i think in our part of the world, seeing how trade has fueled domestic filament, but also regional, even global integration amongst economies. when we talk about foreign policy, domestic support for foreign policy is really important. that is for every country. i think trade has f
will the u.s. is moved away from negotiating traditional trade agreements, singapore has charged ahead, you've not implemented 27 fta's. within singapore do you think of those is just part of your economic agenda or do you also think about them as part of a foreign policy tool? >> well, i would start off by saying that trade is three times the gdp in singapore. we obviously know the position i will take. i believe in the rules-based trading system. how it was forged by the u.s. coming out...
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May 21, 2024
05/24
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the u.s. assange did not attend the hearing due to health reasons. assange has been held in london's belmarsh prison for five years. if extradited and convicted in the u.s., he faces up to 175 years in prison. we'll have more on this later in the show. authorities in the democratic republic of congo say they thwarted an attempted coup in the capital kinshasa on sunday. armed men attempted to storm the presidential palace as well as the home of a key lawmaker in an attempt to overthrow president felix tshisekedi's government. around 50 people involved in the plot were arrested including three u.s. citizens. the apparent coup leader, congolese opposition figure christian malanga, died during the attack. malanga had lived in exile in the united states for over a decade. in taiwan, new president william lai delivered a defiant message to china after he was sworn in earlier today. >> i also want to urge china to stop intimidating taiwan politically and militarily and to take on a global responsibil
the u.s. assange did not attend the hearing due to health reasons. assange has been held in london's belmarsh prison for five years. if extradited and convicted in the u.s., he faces up to 175 years in prison. we'll have more on this later in the show. authorities in the democratic republic of congo say they thwarted an attempted coup in the capital kinshasa on sunday. armed men attempted to storm the presidential palace as well as the home of a key lawmaker in an attempt to overthrow president...
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May 9, 2024
05/24
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if we are going to compete, the u.s. government needs of the top tech talent that there is, and it is why, for example, i am wasting money for the artificial intelligence safety institute. if we are going to know what is going on at the cutting edge of ai, i need the best science is that there are. so, yes, i worry about it. that being said, i am proud of our track record. we just recruited someone from openai to coming to work for us. the chips seem is run by some of the best semiconductor professionals in the industry, so it is a daily challenge. it is why we are requesting funding, but i would say i have been very impressed with the quality of people we have been able to get. >> speaking of ai, what specific investments are you proposing? sec. raimondo: in ai, we are asking for funds for the ai safety institute, which is to create standards for ai. everyone including myself is worried about synthetic content, so we want companies to watermark ai content. what is adequate watermarking? we will build the team to develop
if we are going to compete, the u.s. government needs of the top tech talent that there is, and it is why, for example, i am wasting money for the artificial intelligence safety institute. if we are going to know what is going on at the cutting edge of ai, i need the best science is that there are. so, yes, i worry about it. that being said, i am proud of our track record. we just recruited someone from openai to coming to work for us. the chips seem is run by some of the best semiconductor...
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May 13, 2024
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tom: u.s. secretary of state antony blinken says israel risks fueling insurgency in gaza, the latest warning in escalation of concern about israel's conduct. >> israel is on the trajectory to inherit insurgency or leave a vacuum filled by chaos and refilled by hamas. >> let's get more on this with sam dagger, our government reporter out of dubai. what you make of these comments? around the risks of insurgency? sam: prophetic. as he was speaking we have reports from the ap about renewed fighting in northern gaza, the area israel invaded immediately after october 7. there are reports of fighting in a refugee camp in northern gaza, and a neighborhood near gaza city. it is a whack-a-mole phenomenon in play. antony blinken's comment is very much on point. tom: hundreds of thousands of people have received warnings. doing nowhere they are moving? what is the situation for civilians on the ground? sam: we have a great story by our colleague from gaza reporting from outside and speaking to civilians, h
tom: u.s. secretary of state antony blinken says israel risks fueling insurgency in gaza, the latest warning in escalation of concern about israel's conduct. >> israel is on the trajectory to inherit insurgency or leave a vacuum filled by chaos and refilled by hamas. >> let's get more on this with sam dagger, our government reporter out of dubai. what you make of these comments? around the risks of insurgency? sam: prophetic. as he was speaking we have reports from the ap about...
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May 21, 2024
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. >> the u.s. tariffs are still pretty low, even though they are in the news a lot right now and have been the past few years. the u.s. tariffs are still pretty low. the average is still about 2% to 3%. but now we have these big spikes in key sectors. other countries, their average tariffs can range anywhere from 5% to 25%. some countries like india , a lot of there are will go up to north of 35%. >> who thinks tariffs are a good idea? >> you know, it depends on who is in office. a lot of it is political. i think if you talk to any member of congress or politician or policymaker one- on-one, if it is just the two of you with no cameras around, it is pretty clear that tariffs are a tax on imports, and imports, that is consumers. consumers are also businesses. half of u.s. imports are intermediate inputs like primary goods, raw materials, capital goods, intermediate inputs. things the u.s. manufacturers need to make stuff here. i don't really think there are many people who think a tariff is a good i
. >> the u.s. tariffs are still pretty low, even though they are in the news a lot right now and have been the past few years. the u.s. tariffs are still pretty low. the average is still about 2% to 3%. but now we have these big spikes in key sectors. other countries, their average tariffs can range anywhere from 5% to 25%. some countries like india , a lot of there are will go up to north of 35%. >> who thinks tariffs are a good idea? >> you know, it depends on who is in...
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May 27, 2024
05/24
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the u.s. that is the key protagonist looking to pressure china. i also noticed the ukrainian finance minister was in attendance. i know that ukraine was one of the big topix discussed. namely because there have been conversations about what to do with those frozen russian assets. did anything come out of this summit? oliver: there was a lot of positive talk and a lot of talk about the will and initiative, and everybody in broad strokes, in agreement. but in terms of kneeling down backer texture -- nailing down the architecture of russian assets, that was not fully dealt with. i was a bit surprised how difficult the technical issues seem to have been. the g7 ministers seem to have coalesced around the american plan, which is to say the future earnings of russian assets could be disbursed today, to the tune of about $50 billion, but there are all these technical elements that are missing. here is jeremy hunt. >> the g7 was absolutely united in its support of ukraine. it always has been. but i fe
the u.s. that is the key protagonist looking to pressure china. i also noticed the ukrainian finance minister was in attendance. i know that ukraine was one of the big topix discussed. namely because there have been conversations about what to do with those frozen russian assets. did anything come out of this summit? oliver: there was a lot of positive talk and a lot of talk about the will and initiative, and everybody in broad strokes, in agreement. but in terms of kneeling down backer texture...
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May 31, 2024
05/24
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u.s. political landscape ahead of the presidential election. china's factory activity unexpectedly shrinking this month. a warning signal from the case after driving the economic recovery. plus, slides as investors worry about what kind of coalition may end up governing south africa. we got an election update live from johannesburg. and of course, we have a great lineup of guests joining us here this hour at the shangri-la dialogue front in singapore. u.s.-china relations, this on the back of rising geopolitical tensions in the south china sea in the taiwan straits as well, front and center. that handshake expected at 1:00 p.m. local time with the defense chiefs in both u.s. and china are expected to make. what is the significance of that? we will bring your commentary and assessment very shortly. of course, the nsa director will be our guest for an assessment of relations between the two sides. let's get you to markets. it is about weaker than anticipated data out of the u.s.. front and c
u.s. political landscape ahead of the presidential election. china's factory activity unexpectedly shrinking this month. a warning signal from the case after driving the economic recovery. plus, slides as investors worry about what kind of coalition may end up governing south africa. we got an election update live from johannesburg. and of course, we have a great lineup of guests joining us here this hour at the shangri-la dialogue front in singapore. u.s.-china relations, this on the back of...
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May 24, 2024
05/24
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CSPAN3
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particular, the u.s. international trade enforcement. example, 2022, u.s. imports were $3.27 trillion. conservative estimates based on available data from economic policy institute projected 5% to 10% of those imports were fraudulent. this means that there is annually 163 of the $327 billion in illegal trade which impacts u.s. workers, manufacturers, consumers, and our free trade partners. i understand d.o.j.'s infrastructure to combat trade crimes is lightly resourced. 2022 u.s. customs and border protection collected 19.4 million in penalties on $3.27 trillion in trade. that seems to me to be a drop in the bucket. i understand that international trade prosecutions are also low to nonexistent. a couple questions. can you give us a sense of d.o.j. resources you are using to prosecute these bad actors associated with crimes that violate trade laws? how do you work with c.b.p. and hsi to increase the number of prosecutions? would you say based on d.h.s. enforcement data that combating international trade crime is a priority within d.o.j. why or why not? how f
particular, the u.s. international trade enforcement. example, 2022, u.s. imports were $3.27 trillion. conservative estimates based on available data from economic policy institute projected 5% to 10% of those imports were fraudulent. this means that there is annually 163 of the $327 billion in illegal trade which impacts u.s. workers, manufacturers, consumers, and our free trade partners. i understand d.o.j.'s infrastructure to combat trade crimes is lightly resourced. 2022 u.s. customs and...
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May 3, 2024
05/24
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CSPAN2
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so that gets me too wear the u.s. is. the u.s. is living in a world in which it believes the story this progress happened because the u.s. -- mike they came to the u.s. to the neoliberal consensus rather than saying there was an extraordinary period of creativity that is done remarkable things for human well-being. we are not seeing i think the u.s. be innovative and give them their rightful voice in a new global order that recognizes and builds upon their success. i don't understand i wish i had an explanation as to why the u.s. hasn't done it. i think partly. not partly, it's all domestic politics and the voting public gives to international affairs and i think if america actually was more willing to bring emerging voices that have achieved so much globally and rethinking global order in which those voices had their rightful say, i actually think it would be extraordinarily strengthening to the united states. >> yeah, this is a question that i have for the group. is that -- is there a presumption in that that it's even after the
so that gets me too wear the u.s. is. the u.s. is living in a world in which it believes the story this progress happened because the u.s. -- mike they came to the u.s. to the neoliberal consensus rather than saying there was an extraordinary period of creativity that is done remarkable things for human well-being. we are not seeing i think the u.s. be innovative and give them their rightful voice in a new global order that recognizes and builds upon their success. i don't understand i wish i...
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May 8, 2024
05/24
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u.s. government debt in the u.s. propelled higher. we are seeing that follow-through in asia as well. the aussie dollar is holding steady at 65.8 six cents. we had a big move in the u.s. dollar in the upside so some weakness is expected across asia and fx. . today brent crude is holding above the $83 level. geopolitical issues continue to weigh on it. trackers are following the tensions across the middle east, the lack of the cease-fire deal over gaza, and a mildly bearish u.s. stockpiles report as well. wti is tracking close to $78 a barrel. and treasuries, this is the picture for u.s. treasuries after the three-year auction. we heard more commentary from the fed as well, neel kashkari of minneapolis saying, policy tightness in being questioned as inflation continues to stall. the take away from the conversation is really he thinks it is likely the fed will keep rates where they are for an extended periods of time. annabelle: let's get more on the market open. japan is just coming online.
u.s. government debt in the u.s. propelled higher. we are seeing that follow-through in asia as well. the aussie dollar is holding steady at 65.8 six cents. we had a big move in the u.s. dollar in the upside so some weakness is expected across asia and fx. . today brent crude is holding above the $83 level. geopolitical issues continue to weigh on it. trackers are following the tensions across the middle east, the lack of the cease-fire deal over gaza, and a mildly bearish u.s. stockpiles...