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tv   Bloomberg Business Week  Bloomberg  June 16, 2018 3:00am-4:00am EDT

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>> welcome to "bloomberg businessweek." i am carol massar. jason: i am jason kelly. carol: in this weeks's issue, a lot of global stories. andn: we start with israel mr. netanyahu. a lot of questions out there and speaking of questions, a lot of questions about the
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effectiveness of president trump's immigration policy. there isn't necessarily the data everyone would like to see to support what they are doing. jason: one of our chief investigative reporters digs in there. we go to north korea to dig into the summit, its implications, but not just politically. carol: we look at the business story. we catch up with cristina li ndblad. >> we are short on information on how it -- denuclearization will take place but it was a chance to look at the north korean economy, the potential, the massive risk, also. we talked to a lot of people about how they saw the future. carol: do people know at this point? do we know the market potential? >> there have been studies done. some korean companies have
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experience working there. it is not a completely untapped market. there is some sense, but aside from the potential, there is the fact that it lacks any framework for foreign investment. or rule of law. jason: i have to think that investors and ceos are taking something of eq from the deep -- a cue from the dealmaker president. became a punchline comedy ideas of condos on the beach. the reality is, investors and ceos are looking and saying massive a infrastructure play, a consumer market, a massive amount that could be done. what are the most likely places we could soon see real investments? cristina: soon? none. honestly.
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rogers, who has long been thissh on north korea said is tremendous upside. this is china in 1980. that may be. there are deficits, a disciplined, workforce which is low-wage compared to south korea, but there is a history of companies that have been burned. i would say the advance guard when sanctions are lifted or when there is a way in which companies can go in without risking the wrath of the u.s., it is going to be chinese and south korean companies. they feel they have a bit more knowledge of that market, right? jason: and more of an expansion into -- rather than greenfield type thing. from the aside
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minerals, which there is a lot of mineral wealth. iron ore, gold, potentially oil offshore. jason: it was mentioned $6 trillion worth? cristina: that number has been all over the place over the years. at one point, it was 12 trillion. there are significant deposits. that could be something that attracts a certain type of company. the consumer market will attract other companies and there is the potential to see north korea become the mexico to south korea. zone to manufacture -- which there was a test for that kind of complex. that in -- industrial park closed down in 2016 after one of the nuclear test, but there was and most want to get back in. carol: we are here with the
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heardve director and you -- had to turn our global cover story into an image. chris: for a lot of people, north korea is a big frontier market, a big opportunity for them, but it is an arguable thing. we wanted to be a little time in cheek about it and we were sort of reacting to the way president trump was talking about it and it could be a real estate opportunity. we decided to make the cover looked like a big investment brochure and played up the cheekiness of it. jason: it is very much in line with a way the president presented this idea, even to the leader of north korea, presented an ipad with a sizzle reel of what north korea could be. these seem one in the same in spirit. chris: we were riffing on that energy and used that cheap
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aesthetic in the way we produced the cover with the bright colors, which played on the way north korea does their propaganda posters, and so all of these things came together with what we made. an editorial decision in terms of how you chose to represent the cover. you could have shown the two leaders or just done something safer. the summitink once wrapped up, we wanted to get attention and maybe it is the land of opportunity, maybe a total black hole for people. where itazing to see goes from here. g6the g7 looks like the . is "bloomberg businessweek."
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carol: welcome back to "bloomberg businessweek." i am carol massar. jason: i am jason kelly. you can find us online at businessweek.com. carol: remarks from editor peter coy. jason: i love this guy, because he takes us to quebec where there is a lot of controversy. president trump talked about turning it into the g8, having russia to the mix. when he left, they were talking about g6 plus one with the united states on the outside. peter: he had agreed to sign the g7 statement. atre is always a communique the end, standing up for values of democracy and free market and so on. trump had agreed to it and then caught wind that justin trudeau, the prime minister of canada had said some slightly edgy things
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saying he was going to retaliate as the u.s. put steel and aluminum tariffs on canada, he would do the same thing to the u.s.. stuff he would say. especially to his domestic audience. trump took umbrage at this, flew into a rage, i would say, and said he was not going to sign -- or he withdrew u.s. support for the g7 statement. trying to say is a lot of people have observed trump has an unusual pension for being friendlier with america's enemies than its friends'trying to get at that, what is going on here carol: so what is? story, you are explaining the case going through the wto involving ukraine and russia. talk to us about that and we will get back to trump. peter coy it is a little
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convoluted, but i will try to give the quick version, which we know russia invaded parts of posing, but russians pressure on ukraine by making it to othericult to ship countries like kazakhstan. ukraine complained to the wto, russia cited part of the wto charter that all it needs to do is invoke its essential security concerns and the wto has to keep its mouth shut. you can call it a trump card. carol: national security concerns. peter: most countries thought that was weak, all you need to do is say essential security and the whole thing goes away, but one country took russia's side and that is the united states. dot has to have something to
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with the fact that national security is the exact reason the trump administration cited for the tariffs on canada. jason: on steel and aluminum, not just a candida but including against canada and mexico. which made prime minister trudeau say wait a minute, we have been allies for a long time. we are friends. "toronto star" a canadian official said trudeau is trying to explain to trump the alliance, he said the airbase you landed at comic do you know why it is there? it is there to provide an air defense for an elaborate -- and aluminum smelter that produced the aluminum that made the planes that fought in world war ii. carol: we are friends. that: trump did not take on board entirely and that is why he withdrew from the g7 statement, but the reason the u.s. is siding with russia of
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all countries is that it intends to use the same justification, national security, for why it can go ahead with these aluminum steel tariffs against the wto rule. at one of the most colorful figures in world politics today. bibi netanyahu. carol: he has been israel's longest-serving leader. he has been in politics over 20 years and is going for his fifth term. allegationsogged by of corruption, tricky dealings, submarines enter into this. carol: we got more from matthew campbell. matthew: while the prime isister benjamin netanyahu dealing with high-level security issues, as you can imagine, there are four overlapping corruption investigations going on, three of which touch him directly, one of which does not touch him directly but certainly
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is taking and many who were close to him over the years. stress heis, and i denies wrongdoing in all of these affairs, is probably the biggest set of corruption investigation in israel in a very long time. each individually would probably liste at the top of the but given they are going on at once, it is a pretty grave premiership coming up on the 10-year mark. carol: we could probably spend 10 hours on each allegation, but give us a sprinkling on what are some of the charges against him? are fourampbell there cases. the police have given them each a number. case number 1000 relates to netanyahu benjamin and his wife received from a hollywood producer and an .ustralian billionaire case 2000 has to do with a conversation the prime minister had with e of the largest
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newspaper groups, the police announced there was an improper quid pro quo going there. probably the most interesting as a business story, relates to his relationship with the largest telecommunications company in israel. case 3000, the other case relates to some earnings. in germany,cts where police made -- believe there may be evidence of corruption. jason: before we dig into some of those, i want to ask you to take a step back and remind us thee netanyahu fits not in israeli political landscape, but the global political landscape. he is a name we have heard for a number of decades. who is he? matthew: he is a former diplomat, born in israel though clue -- grew up in the united states for his formative years
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near philadelphia. he is culturally almost as american as he is israeli, which is one of the reasons he has been able to cultivate a pretty strong following on capitol hill and elsewhere in the u.s.. he is the dominant figure of the israeli right, that has been true for at least a decade. inwas elected prime minister his most recent stretch in 2009 and has been -- where he stands out as a politician is that he is the person who has been able to unite the israeli right. like the rate -- american right, the israeli right is a fairly fractious group. you have a large religious component, economic conservatives, settler nationalist component and netanyahu, more than anyone else, is the person who can get those warring tribes on the same page. he is really dominant in israel. he is quite popular, though much ofy despised by
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the israeli left and internationally, he has been a very effective diplomat. israel is at peace if not working quietly alongside saudi arabia and other arab states, which is an incredible development and it is remarkable that these achievements abroad are being overshadowed by corruption at home in some ways. carol: next, the immigration authority in the u.s. ramps up secrecy. trend ofd the trump appointing someone to oversee an agency he despises continues. carol: this is "bloomberg businessweek." ♪
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jason: welcome back to "bloomberg businessweek." i am jason kelly. carol: i am carol massar. you can listen to us on radio on sirius xm channel 119, and on am 1130 in new york, 106.1 in boston, 99.1 fm in washington, d.c. and am 960 in the bay area. jason: in london on dab mux 3 and in asia on the bloomberg
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radio plus app. we turn to the politics session section and a cornerstone of president's immigration policy is the idea that so many undocumented folks are criminals. aren'texactly, and we sure the data is out there to support that. jason: it is getting even harder to find out what that data says. carol: we did some digging through reporting. they were hammering home the so-called sanctuary cities like new york don't honor these notices called detainers to hold onto people they have in custody so ice can pick them up. they are saying they ignored 440 of these detainers from us and release these people. some of whom are criminals that get picked up right away again. they are endangering their own communities unnecessarily by stance not political
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supporting ice. jason: let's go back to this idea of immigration being at the core politically and rhetorically of the trump administration. issues.one of the key how is it actually playing out statistically? well, we don't know as much as we used to. these executive orders came five the trump administration saying we are cracking down, we are going to get criminals off the streets and deport them. carol: and that they are criminals. but in fact, they are in the middle of this interesting freedom of information battle because they won't release statistics that show how they are implementing those policies and for all these people they are trying to detain, what are the criminal histories? we don't know that anymore because they are fighting not to release it under the freedom of
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information act. carol: why are they not? previous administrations were were -- were and now they are not? dune: it started about two weeks before trump was inaugurated. --y denied these requests freedom of information requests that this research organization has been submitting for years, every month and have been getting them for years. not without a fight. it is not like isis saying, take it all, but they have been getting regular data dumps from ice and it has allowed them to track immigration policy. jason: because what they are asking for is what? what is in the data? dune: things like detainers, which is when ice is requesting local law enforcement hold on to people they have booked so they can get them. when the issue detainers, how often are they honored by the local law enforcement?
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why were they prioritized? what was their criminal history and why did ice issue a detainer for them? this because they are horrible criminal, or did they have traffic violations? they are not issuing that anymore. jason: because these researchers are essentially trying to study the effectiveness -- dune: according to their own goals. the trump administration's own goals. are you trying to improve public safety and take people off the street? you have criminal histories -- who have criminal histories and a violating immigration laws? great, but this organization is trying to show how often that is actually true, that these people they are trying to pick up have serious criminal histories. this organization track, tell us who they are. one is suing. it was founded in 1980
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nine. they collected about 250 million records from various agencies every month. hard-coreeally freedom information act activists who are trying to get information from the government so they can analyze it and see -- because there are politics. if it is convenient, the government will say this is what we are doing and here is the data to show it. if not convenient, they may not. they are just trying to track exactly what is going on. carol: president trump, nominating the accuweather ceo and president trump wants him to be the undersecretary of the national weather service. jason: interesting nomination, because this is the guy for 30 years plus has been fighting this agency. carved out andas beat for himself looking at people appointed to agencies
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that they really don't like. carol: we got more from devon. devin: the ceo of accuweather has been nominated to run the onal oanic and atmospheric administration, which includes the national weather service. anyway, the more you find out about him and his background, it raises questions about why him. is he the right guy. who runs private company being put in charge of the agency that oversees the activities of those companies. am i reading that right? devin: it is even richer than that. the national weather service issues forecasts and forecasting four times a day. accuweather gets this data for free from the national weather service. that is their business, repackaging that whether from the national weather service. no accuweather if they didn't get that data from the national weather service? devin: and no weather channel and so on. jason: what is the universe here?
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how does it get disseminated? devin: commercial forecasters ,nd people, emergency managers they use that to make forecasts and also, the national weather service also makes severe weather warnings and so on. there is this whole ecosystem that it relies on that is important. you and i can go to the national weather service website and get that stuff for free. we can also listen on the radio, the maritime warnings and that stuff. it is really this great government service, but barry , the ceo now, they have had a contentious relationship with the national weather service. carol: you make that point, from the get-go, accuweather has gone after the national weather service. devin: in the 1960's and 1970's,
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this commercial weather industry evolved and accuweather was founded in 1962. basically, their home marketing strategy is we are better than the national weather service. carol: more accurate. devin: that is the whole thing. a national weather service guy and we are accuweather, that stuck in the crawl of a lot of forecasters. carol: even though the information of accuweather is based on the national weather service. targetedey are able to for private clients, but the national weather service has to prepare these broad forecast for everybody. accuweather's position is, we want you to get out of the public dissemination of weather data. that is something the private sector should be doing and that is unfair competition. carol: next come how a female
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libido peel got a second chance at the market. this is "bloomberg businessweek ." ♪
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jason: welcome back to "bloomberg businessweek." i am jason kelly. carol: i am carol massar. jason: banks are setting sites even more on the ultrarich. carol: and we will talk about one of our features having to do with the little pink pill. jason: it went away and now it is back. the libido pill. this is the little pink pill. carol: we've got more from
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cynthia. >> it is the first drug approved for female desire disorders, and it is a specific treatment where whereas viagra is for functionality, this is for desire. carol: how do you define it? >> it is a tricky concept. desireeats hypo-sexual disorder. it is six months of low or no libido and it causes the woman distress. that is a critical part of the diagnosis that is lost. this is a woman who has had sex drive and for some reason, it has gone away. the patient's i have code -- spoken to are clear on this idea they knew they had this appetite previously and it is gone. it is like sitting in front of a meal and no interest. this is a condition and is distressing for these women
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because it can impact relationships. jason: to some extent, the controversy around this drug starts all the way back at the very definitional level. you have people who question even what you said. cynthia: the people who are opposed to this would say hsdc is not a condition. the desire can range from low to high and people should rethink norms and in terms of the societal and cultural influences on their desire. that school of thought has led to a very vocal opposition to this drug and you see it feedthrough in lots of ways, in the way the opposition -- they have that perspective, but there is a lot of more mainstream opposition in a lot of press. i was surprised by how much of this i saw. very negative on the drug even in the mainstream press. back to the larger
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skepticism around the pharmaceutical industry and making things up to drug them and treat them. have brainnt, you scans that show people with this condition having a different response to stimulus or erotic materia -- material. hula peoples hold in sexual medicine who have a lot of hard data that show -- and brain scans that showed this is what happened to people with this condition. this might be the emergence of our understanding of depression in the -- that in the beginning, there was a sense that this might be someone else's normality and pharmas tried to capitalize it. there may be corollaries, but the layers of the mental health element are there, but it is also about sex. that is a loaded conversation to be had in the public domain. jason: in the finance section, the superrich keep finding ways to get super richer. carol: and they've got the big
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banks to help them. it is not just billionaires. it is entrepreneurial, dealmaking billionaires that transact a lot. having a billion dollars in the bank is not going to cut it. you need investment bankers to commend court you. 55 families, top family backed investment firms in the country that are doing things like buying and selling ininesses, investing millions of dollars in businesses and doing a lot of these transactions. enough so that it makes sense for the banks to have a whole unit dedicated to covering these folks. carol: these really wealthy individuals -- and we are talking the top quarter percent? not even 1% spurs. these are mega-wealthy. jason: .01. carol: they are looking for
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different kinds of investment carried they want to own companies, so they are competing for these kinds of ventures. simone: this is sort of a growing trend. you see there was $25 billion worth of family deals in 2011, according to pitch book. five years later, there were $100 billion worth of these deals. the market has been going higher, right? a familyn a share of business, it is probably worth more than it was five years ago, but that has been a really attractive investment for these family offices. investment firms that look like family offices. jason: one fascinating thing about this is the idea that the jpmorgan's and goldmans are trying to bank the next titans. they are trying to find the next jpmorgan the surface in this case. simone: and that is a lot of how
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these banks became prominent and they stopped doing as much business with billionaires because it was riskier, frankly. this was a cool thing i learned in the course of reporting this story. the great depression, a lot of these banks were private and could take a lot of risks and could invest alongside the billionaires in merchant banks. that stopped after the great depression and security laws came in and the banks when public and suddenly, you had corporations and companies. we were seeing a shift where vehicles are getting so sophisticated, but they are almost beyond owning and operating business. carol: next, the ceo of driverless delivery startup, euro. jason: and we talked to renowned standard hotel chef. carol: plus, a survival guide
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for showing up at a party alone. jason: this is "bloomberg businessweek." ♪
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jason: welcome back to "bloomberg businessweek." carol: you can find us online at businessweek.com. jason: and on our mobile app. in the tech section, a profile of a driverless delivery company. carol: and we mean they aren't shuttling around people. they do things like on-demand orders for things like pizza. jason: we heard from the ceo. >> we have a couple of engineers that work on the google self driving project for years and then started their own project. buildingse is they are self driving cars delivering goods and not people. you have a google project, g.m.'s crew -- kroos, uber, all of these companies working on
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self driving cars are first focusing on building a ride-hailing service for passengers and then will get into this bigger market of delivery and packages. his company is saying we will starve -- solve delivery first. we think this is a trillion dollar market. enough to beky founded by the co-founder, dave ferguson. how did -- where did the idea come from to start this company? spentco-founder and i many years at google working on the self driving car project and were inspired by what a small team of people were able to do. google in many ways has accelerated the entire industry and we will get to a future where we are saving up to one million lives a year worldwide. we will probably get there a couple of years sooner than we could have because google started this project. we were inspired and wanted to accelerate other industries in a
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similar way to how google has done it. , we had aarted nuro mission of robotics for every day life. we thought of a bunch of different application opportunities and the more we tossed them around, the more excited we were about local commerce. in particular, self driving technology to transfer goods rather than people. jason: so tell us where we are at this moment on june -- engine 2018. if feels like self driving has been "slowing down and speeding up" to some extent in the public perception, at least. where are we now and what is the next big step forward? dave: we have seen a number of exciting things. mo has been offering a fully unmanned service in arizona, which is a huge milestone in self driving. what we are trying to do it as a
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company at nuro is offer a service to real customers using real with -- retail partners with fully unmanned vehicles. some of the key accomplishments and milestones in the field happening in a pretty short succession. given some of the crashes and local crackdown when some cities and states come in and get pretty nervous about this technology, how do you feel about safety? have you hit any stumbling blocks here as the technology is relatively new? dave: speaking from nuro's perspective specifically, safety is one of the major goals and one of the motivating factors for why we are doing what we do. i custom designing a vehicle from the ground up just for goods, we can make it significantly safer than even the safest passenger vehicle on
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the road. not to spend too much time on this, but a couple of points. our vehicle is half the width of a standard passenger vehicle, which and given extra three to four foot of safety but are -- buffer in the most difficult situation such as a kid running into the road. we can also design the entire front of the vehicle and underlying chassis to be much less severe in the case of any accident. we can effectively try to build something that is more like a cardboard box rolling down the road than a large-scale truck. jason: next, the pursuit summer entertainment guide. carol: how to serve the perfect drink. and we are joined by chef angela. jason: this is "bloomberg businessweek." ♪
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carol: welcome back to "bloomberg businessweek."
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you can listen to us on radio on sirius xm channel 119, and on am 1130 in new york, 106.1 in boston, 99.1 fm in washington, d.c. and am 960 in the bay area. carol: in london on dab mux 3 and in asia on the bloomberg radio plus app. is devoted pursuit to summer entertaining. nuro we start with a game changer. a renowned chef at standard hotel. >> i just got hired at the standard international hotel group and i am the creative director for food and culture, a really unique title and i am really excited about it. carol: what does that mean? i think of the director for a museum and things. it is kind of what i wanted to be. the position was created for me, which is a really unique route
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that i never thought i would go in and that happened because the was interested in working -- at one a chef and of our development properties and realized that the work that i had been doing was really fast and weird. carol: you do think about -- out-of-the-box. how do you approach food? angela: it was something idea that home as a chore. my family have five brothers and sisters, but it is something i wanted to do. 6:00 a kid who woke up at in the morning to watch food tv shows. julia child, instead of cartoons. i would play video games and watch cartoons too, but it was always something i would do. it was always a social activity and as i got older and moved to new york, i grew my social world through food and a lot of the
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people i really liked that inspired me in new york city were people also outside of the cooking world, so i really liked to integrate artists, designers, people in fashion, activism and for me, because food can bring people together, it was really easy to do that. more so recently. after becoming a more established chef over the years, people have been more excited to think about themselves and the food world doing collaborative world -- work with me. then, it becomes a really genuine, curious experience and that of feeling like really precious and only craft oriented because out of all my friends, everyone has an interest in food . i think everyone does, not just my friends. it is an easy narrative for people to jump in with. jason: what is the connection between food and art? angela: i think art is inherently political.
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i think food is an expression of it and a lot of my chef peers really love are doing work that is dri by personal identity politics. there is a way we can all communicate and people just have feeling toward food. a unique feeling, and we can all relate. jason: this entertainment section was largely put together by mark and kate. carol: we had a fun conversation and the two had a lot of smart advice. >> you want to know how to mingle and i spoke to a professional introducer. imagine your job is just to make small talk. she is like queen elizabeth, but gets paid to do it. one of the things i love comic you know when you turn up to a party too early? we have all done this. anyone, you stand in the corner, check your phone,
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everyone is staring at me. you get two drinks and scan like you are waiting for some but -- someone. sayomeone comes up to you, my friend is not here, do you want this wine? don't likeif you them, you can make a beeline. >> maybe i am a bit brazen. , that might be the most important lesson i learned. i will never go to a bar, especially an open bar and not take two drinks. i think all of us have gotten caught in a conversation that you cannot break away. the person either doesn't stop talking -- what do you do in that case? >> i think mark ellwood knows exactly. -- meanjust a minute person, basically. no, i think the big trouble we have is -- i have enjoyed meeting you, but i don't want to spend the whole party with you.
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it has been great chatting. jason: that is an unsuccessful party if you meet just one person. isif you meet one person, it a date. five people and it is a party. what i would always suggest is the amateur way to get rid of someone is to say i am going to the bar. they can go with you. what i would always say, you can either -- keep the phone on silent at a party and i say it is buzzing in my pocket. i don't know what it is that keeps buzzing, will you excuse me? jason: nice one. carol: we are all taking notes. isthe other thing i heard that if you are in a dreadful conversation, you spill the drink on yourself. hopefully it is a white wine. mark: i have done that.
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it is the nuclear option at a party. who hacked the guy an arm off when he couldn't get out from under a boulder? we have to talk about how to mingle if you go there by yourself, but it is a lot about the food and drink. you talked about how to throw your best dinner and talked about a practice run, maybe a theme? these are things to think about kate: and there is only one teenager in the whole world you would ask for a device from a dinner party. , flynn, who is literally 19 years old and started throwing dinner parties when he was 12 and just opened restaurant onol the lower side of manhattan. he gave us some tips and the one
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thing he can't speak to is alcohol. we will let mark ellwood speak to that. but he said one thing to do is never try to do individual servings. if you think he will serve a table of 10 each a salad, do not do it. do family-style, but don't do one big platter because that will look like a crime scene after a while. jason: i thought that was a great note. family-style, but moving around. mark: like a nonnuclear family style. jason: so what are we drinking? -- kate,lways think tell me what you would drink and i will answer because i would have meat vodka. . that is great if you are spilling it on yourself. gin, literallyd the booze to drink this summer.
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one great thing to do is have gin and tonic because there are so many great gins and some of great tonics. you can basically eyeball them. it is basically two and two. you don't have to sit there with your shaker and you're measuring things out. the easypour, it is way to throw a party. ark: when you are planning party, you picture yourself like tom cruise in cocktail, behind the bar. the minute people arrive, you wonder why it am i stuck here? with a gin and tonic bar, because there are so many of each, it is lots of different drinks that are self-serve and are kind of interesting and conversation starters. my favorite part of the entertainment section has to be the drink guide. jason: we turn to an author, journalist, and bartender.
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you had 10 drinks you featured, but this was the number one. >> the first drinks i started with were jenin tonic -- gin and tonic, ways to start your day, but this is my entertaining package. it is called a stoplight. , the pageantry of making drinks, the optics are very important. carol: why is it called a stoplight? >> i figured it would be fun when making the drink to have a green bottle, or two in this case, a yellow bottle, and a red bottle to remind you of the stoplights. these are all the ingredients in the drink. an old pal,ation on a whiskey drink. vermouth, and italian herbal liquor and a italian
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better. jason: -- bitter. all we are adding is a quarter ,unce, three quarters announce an ounce and announce and a half. if you were having a party, you could put all this together into a pitcher, serve it by the pitcher. we are garnishing it with a lemon twist to bring out the citrusy aromatics. the secret of this drink is the cucumber we'll. cucumber -- wheel. the rind is bitter, the meat is melony and it has great aromatics. you have this light, refreshing bitter drink to finish your night. carol: you look at it and it is a martini. it might say go, to some, wait. some people at that point might have had enough. carol: at morning, lunch, or
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night. jason: i am going green light. can i? >> go ahead. that is dangerous. carol: we are sharing. that is nice. jason: well done. >> thank you. give it a go. carol: "bloomberg businessweek is available on newsstands now. jason: and on our mobile app. carol: the must-read is the global cover story about north korea and the united states. a historic summit. big political story, but everyone is trying to figure, what is next in terms of the business story? what is the business potential? card-carrying member of the peter coy pham club. out of the g7, there were so many unexpected things that happened as the meeting was ended and on the way to north
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korea. it is fascinating to dig into. carol: more bloomberg television starts right now. ♪
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♪ emily: i'm emily chang, and this is "best of bloomberg technology." trump'sp, donald meeting with kim jong-un produced a handshake and a promise but was light on detail. what to be some for what is to come? we went to e3 to speak to some of the biggest names in gaming. on the latest trends and how they are keeping up with demand.

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