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Apr 2, 2020
04/20
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any sense of exactly what went on between president trump and mohammad bin salman? >> the only headlines that we were getting is that he came out with a tweet saying that he expects saudi arabia and russia to cover the option by about $10 million -- 10 million barrels per day or so. not sure if this is 10 million barrels per day or not, if that was barrels per day, that would be 10% of the global demand we had seen. for the coronavirus, waiting for more headlines on oil as saudi arabia is now calling for that opec plus meeting. thank you so much to tailor for the chuckle market. washington for a very special guest, the vice president of the united states of america, expense. thank you so much -- mike pence. thank you so much for being with us. >> you bet, david, thank you. david: let's start with those jobless claims. 6.6 million, 10 million over two weeks. that it's all of our attention, i know it gets more than the president. some are saying we did this on purpose, what do you have the say to the american people, to those 10 million people who are out of work and
any sense of exactly what went on between president trump and mohammad bin salman? >> the only headlines that we were getting is that he came out with a tweet saying that he expects saudi arabia and russia to cover the option by about $10 million -- 10 million barrels per day or so. not sure if this is 10 million barrels per day or not, if that was barrels per day, that would be 10% of the global demand we had seen. for the coronavirus, waiting for more headlines on oil as saudi arabia is...
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Apr 13, 2020
04/20
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prince bin salman: no.tainly, it is not my job to defend the president, but i would have to be fair to him and speak up. the truth is a responsible president. the truth that -- which is creating jobs. creating communities. creating growth. creating income. creating prosperity. creating certain sectors. s while being looked after. i have yet to see any president of any country that would not do that job. haidi: the outlook for the energy market with a commodities strategist at bloomberg intelligence. mike, we are seeing a little bit of a rebound in crude prices right now, but what a wild ri de it has been. where do we stand? mike: crude oil is stabilizing to its new lower plateau. pers sustainable around $20 barrel in wti. it had that one bounce in there. what are you hearing about output cuts? noise that is mostly responding to the lower price and the lack of demand because the key thing is demand has been subpar and simply the outlook for crude oil was really bad before the coronavirus, but to me, it is ad
prince bin salman: no.tainly, it is not my job to defend the president, but i would have to be fair to him and speak up. the truth is a responsible president. the truth that -- which is creating jobs. creating communities. creating growth. creating income. creating prosperity. creating certain sectors. s while being looked after. i have yet to see any president of any country that would not do that job. haidi: the outlook for the energy market with a commodities strategist at bloomberg...
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Apr 3, 2020
04/20
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because of a conversation with the russian leader vladimir putin done saudi crown prince mohammad bin salman they were able to put together some sort of truce that would mean an end to the price war we have seen, the u.s. president tweeting that as a result of the call, he expects the oversupply that exist in markets, that production would be cut by 10 million barrels to 15 million barrels. this is good because we have already had instability as a result of coronavirus in the oil markets, supply has been affected and demand has been affected. down.aw prices drive already, positive signs just on a suggestion of the resolution of the crisis, the price of crop -- price of crude rising. we have seen that in the stock market. but this is not finalized. the president meets with oil producers tomorrow went over the weekend, and we will see if there is a clear picture on what exactly is resolved. but for now, i hopefully sign. helena: the latest from the u.s., thank you for joining us from washington. pledged to carry out 100,000 corona tests per day by the end of april. after several days of intens
because of a conversation with the russian leader vladimir putin done saudi crown prince mohammad bin salman they were able to put together some sort of truce that would mean an end to the price war we have seen, the u.s. president tweeting that as a result of the call, he expects the oversupply that exist in markets, that production would be cut by 10 million barrels to 15 million barrels. this is good because we have already had instability as a result of coronavirus in the oil markets,...
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Apr 13, 2020
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. —— mohammad bin salman.ow steep this price collapses but also the united states is to be importing lots of oil and now we've your —— 110w of oil and now we've your —— now we are the largest producer in the world. people don't want to hear about the sound of oil going higher but what does it mean “— going higher but what does it mean —— to people going to gas stations around the world. ella mackie will be supporting oil prices which will be good for oil investment and oil industry and it will be higherfor people going around but people will be hunkering down anyway. the boost to spending will be lower than what we would normally see with any oil increase. '5 visit used to the global economy? it depends where you are. if you are a large consumer, maybe not as much but broadly speaking for the economy as a whole, the extent and magnitude of this oil price collapse was a drag on many large economies and what is again kind of knew is that even in the united states which is normally helped by lower oil prices beca
. —— mohammad bin salman.ow steep this price collapses but also the united states is to be importing lots of oil and now we've your —— 110w of oil and now we've your —— now we are the largest producer in the world. people don't want to hear about the sound of oil going higher but what does it mean “— going higher but what does it mean —— to people going to gas stations around the world. ella mackie will be supporting oil prices which will be good for oil investment and oil...
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Apr 9, 2020
04/20
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royal family have contracted kovac 19 the paper says king solomon and the crown prince mohammed bin salman are staying in an island in an island near the city of jeddah saudi arabia has reported almost 2800 coronavirus cases and 41 tests meanwhile the saudi led coalition has announced a ceasefire wide across yemen in its fight with who the rebels it's been declared to have avoid an outbreak of koran a virus in the country as he comes into force on thursday and his you to last 2 weeks but in the hours after the announcement they were attacks reported from both sides this is the result of one said to have been carried out by who theses with missiles fired into the city of mali by the saudi led coalition is based and the u.n. special envoy has welcomed the announcement calling it a critical moment for yemen al jazeera as mohammed our laptop has this update from santa. since the midnight people expected that the ceasefire will take place but according to news agencies that the ceasefire will hold its place by thursday is known but so far more than 10 rays that have been carried out by saudi fi
royal family have contracted kovac 19 the paper says king solomon and the crown prince mohammed bin salman are staying in an island in an island near the city of jeddah saudi arabia has reported almost 2800 coronavirus cases and 41 tests meanwhile the saudi led coalition has announced a ceasefire wide across yemen in its fight with who the rebels it's been declared to have avoid an outbreak of koran a virus in the country as he comes into force on thursday and his you to last 2 weeks but in the...
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Apr 1, 2020
04/20
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the historic plunge in prices, president trump raising the issue with vladimir putin and mohammed bin salman. the saudis are planning to boost output again. global news 24 hours a day, on air and @quicktake on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am viviana hurtado. this is bloomberg. tom: thank you so much. futures lower. yields are in with curve flattening. i want to focus on the stresses in the emerging-market. they are all different whether it is south african rand or turkish lira with recent record week as. -- weakness. em is indicating stress and oil under pressure as well. francine: i think we need to spend more time looking at oil. investors are taking this worsening coronavirus figure badly and trying to assess the impact the pandemic will have on corporate profits and dividends, with banks in europe saying they have postponed or scrapped dividends and buybacks stocks are down and a lot of the pressure is coming from banks where u.k. banks are down 6% to 7%. wonderfulve had conversations with professionals in the medical community
the historic plunge in prices, president trump raising the issue with vladimir putin and mohammed bin salman. the saudis are planning to boost output again. global news 24 hours a day, on air and @quicktake on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am viviana hurtado. this is bloomberg. tom: thank you so much. futures lower. yields are in with curve flattening. i want to focus on the stresses in the emerging-market. they are all different...
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Apr 6, 2020
04/20
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salmonn and bobbitt been willing -- and mohammed bin salman willing to see decline in the u.s., or willee states that have progress inning mechanisms in place that have pro-russian and -- that have prorationing mechanisms in place? vonnie: are we anticipating something coming out of thursday's meeting? also, why was it postponed? annmarie: over the weekend, there were fresh bards exchanged between russia and saudi arabia. putin says the deal collapsed because of the saudis, and the saudi strategy was taking out u.s. shale, when people told us that was a russian strategy. the saudi foreign minister came out and basically said that is categorically wrong. so they needed more time for back channel negotiations. they settled on thursday, but to be honest, i have been covering opec now for more than two years. they settled on thursday, but that is technically within the calendar right now. we could potentially see a change in date. they all want to kind of say face. it is getting so very political. but the bigger question is, even if they were to cut 10 million barrels a day, where are these
salmonn and bobbitt been willing -- and mohammed bin salman willing to see decline in the u.s., or willee states that have progress inning mechanisms in place that have pro-russian and -- that have prorationing mechanisms in place? vonnie: are we anticipating something coming out of thursday's meeting? also, why was it postponed? annmarie: over the weekend, there were fresh bards exchanged between russia and saudi arabia. putin says the deal collapsed because of the saudis, and the saudi...
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Apr 2, 2020
04/20
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he said he heard this from the saudi prince, mohammed bin salman, who spoke with president putin of russiaspokesman saying president putin did not speak to the crown prince. even saudi arabia did not confirm production cuts. ,nstead, with an urgent meeting to reach a fair deal. taylor: is china vying to push up their oil reserves while only a is cheap? shery: this initially gave optimism in the oil market overnight. we had heard that beijing is moving with plans to buy up oil for its emergency reserves when oil prices are so cheap. oil plunged about 66% in the first quarter, so according to sources, beijing instructing government agencies to start selling stockpiles. not just that but encouraging companies to fill their own tanks. the initial target is to hold government stockpiles equivalent to 90 days of net imports, according to sources. that would be about 900 million barrels. sources also telling us china is planning a fourth batch of strategic reserve sites as well. taylor: our thank you to shery ahn. i do want to hear more from the trump administration. earlier david westin spoke wi
he said he heard this from the saudi prince, mohammed bin salman, who spoke with president putin of russiaspokesman saying president putin did not speak to the crown prince. even saudi arabia did not confirm production cuts. ,nstead, with an urgent meeting to reach a fair deal. taylor: is china vying to push up their oil reserves while only a is cheap? shery: this initially gave optimism in the oil market overnight. we had heard that beijing is moving with plans to buy up oil for its emergency...
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Apr 7, 2020
04/20
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suggestions saudi arabia and level,are at a technical or a level below vladimir putin and mohammed bin salmanking to each other, they seem to be inching towards some kind of an agreement, but i think both of them are looking for some form of contribution from the united states. i think they're probably both coming to accept that is not going to be the sort of government to government type characterized has the opec-plus deal that brought saudi arabia and russia together. what they will except from the u.s. i think is unclear at the moment. that could still be the stumbling block when the ministers from the g20 get together on friday. how much time to they have to make this work? if this doesn't work this week, how much longer do we have before storage capacity runs out at the market makes these decisions for the leaders? -- julian: some producers are already at that point and may be beyond it and having to cut back production because they cannot sell their oil or store it. it is a case-by-case situation. if you have got long-term contracts or you have joint venture refineries that are taking
suggestions saudi arabia and level,are at a technical or a level below vladimir putin and mohammed bin salmanking to each other, they seem to be inching towards some kind of an agreement, but i think both of them are looking for some form of contribution from the united states. i think they're probably both coming to accept that is not going to be the sort of government to government type characterized has the opec-plus deal that brought saudi arabia and russia together. what they will except...
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Apr 13, 2020
04/20
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thanks, i want to thank the president for getting involved with putin and mohammed bin salman and bringingistoric deal to bear , a nine .7 barrel a day cut. the sad thing is it is probably not enough. i was surprised how the press releases to amount of the g20 with regard to the u.s., canada, and brazil, it was a week 3.7 million barrels a day. no cuts. 5 million from the g20. no cuts. that should have been the finishing touch if they would've put that part of the deal together, it would've been a homerun. oil prices are up a few pennies. we needed something more than 10 million barrels a day. -- alix: how much will you cut in relation to this deal, voluntary or involuntary, it will you cut extra? scott: we are testifying tomorrow to the texas railroad commission and are asking for a 20% cut. we probably faze it back like opec has. it is one month at a time. we are still asking the commission tomorrow for a 20% cut for the first month. as you know, may and june are the worst month. it is a high storage. all of the cuts you are hearing about from eia and the u.s. and canada, it will take a
thanks, i want to thank the president for getting involved with putin and mohammed bin salman and bringingistoric deal to bear , a nine .7 barrel a day cut. the sad thing is it is probably not enough. i was surprised how the press releases to amount of the g20 with regard to the u.s., canada, and brazil, it was a week 3.7 million barrels a day. no cuts. 5 million from the g20. no cuts. that should have been the finishing touch if they would've put that part of the deal together, it would've...
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Apr 1, 2020
04/20
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annmarie: president trump spoke to president vladimir putin and he has been speaking to mohammed bin salmane crown prince of saudi arabia. obviously, the u.s. has a much better relationship with the kingdom, but he did say that the two were talking last night. the kremlin came out today and said they have not been talking. trump was saying that at some point, he would get involved in because we have seen what it is doing to shale. the first driller they are claiming a victim from the price war. at the moment, they are in this all out price war. the two aren't speaking. it doesn't mean, though, and in our reporting today, with someone officially speaking to reporters in moscow, the kremlin is not saying that talks are off forever. they said they are going to keep output pretty much flat. they are not going to do what the saudis are doing. frank from what we heard about two weeks ago from alexander novak, when he said they have the capacity to boost capacity in the future. but i would say it is a rough relationship at the moment between the two, after they had this incredible opec+ that was o
annmarie: president trump spoke to president vladimir putin and he has been speaking to mohammed bin salmane crown prince of saudi arabia. obviously, the u.s. has a much better relationship with the kingdom, but he did say that the two were talking last night. the kremlin came out today and said they have not been talking. trump was saying that at some point, he would get involved in because we have seen what it is doing to shale. the first driller they are claiming a victim from the price war....
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Apr 9, 2020
04/20
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three major players with the big three producers represented by donald trump in the states, mohamed bin salman, the crown prince of saudi arabia and vladimir putin of russia. saudi arabia and russia were fighting a month ago at the opec meeting. they see more eye to eye after the pressure from donald trump saying we need to cut at least 10 million barrels a day. in fact, going into the meeting that's going to happen in six hours time in vienna with the opec alliance of 23 producers, another dozen outside of the alliance like the u.s., norway, u.k., brazil, we see prices rising. the targets will take 10 million barrels a day. the sticking point here, donald trump is the one that wanted them to take place. they're putting congressional pressure to make sure this happens. russia and saudi arabia are saying, what is firm that you can put on the table? you can't put the onus only on opec. opec gets criticism, prices go up $70 a barrel to get pressure on the price war of $20 a barrel because that puts pressure on u.s. shale producers. is there a price in between? at the g20 energy summit taking plac
three major players with the big three producers represented by donald trump in the states, mohamed bin salman, the crown prince of saudi arabia and vladimir putin of russia. saudi arabia and russia were fighting a month ago at the opec meeting. they see more eye to eye after the pressure from donald trump saying we need to cut at least 10 million barrels a day. in fact, going into the meeting that's going to happen in six hours time in vienna with the opec alliance of 23 producers, another...
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Apr 2, 2020
04/20
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say it's not a done deal yet until you get alexander benk inside the room with solomon -- with bin salmann this impacting oil producers in the permian. we are joined now by the texas railroad commissioner. thank you so much for joining us. i am sure you just saw the news of this tweet. what do you make of it? i think it became clear from saudi arabia that they want everyone to share the burden of cutting production. this tweet,aving does this signal that all three major producers are willing to cut? guest: when you say all three major producers, you mean russia , saudi arabia, and the united states? annmarie: yes, of course. guest: this is happening already. this week, the texas railroad commission received a request from some texas producers to begin to prorate production here in texas. most of us feel like any one entity acting alone cannot balance this market. i put out some data just yesterday showing the market is already millions of barrels a day oversupplied. that was before we got the recent layoff numbers from the united states we got this morning. i think we are now probably clo
say it's not a done deal yet until you get alexander benk inside the room with solomon -- with bin salmann this impacting oil producers in the permian. we are joined now by the texas railroad commissioner. thank you so much for joining us. i am sure you just saw the news of this tweet. what do you make of it? i think it became clear from saudi arabia that they want everyone to share the burden of cutting production. this tweet,aving does this signal that all three major producers are willing to...
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Apr 6, 2020
04/20
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vladimir putin of russia, the crown prince of saudi arabia mahamed bin salman and donald trump. who started the price war in march and who was not adhering to the opec plus agreement. as a result, michael, we were supposed to have this virtual meeting taking place today. that's been pushed to thursday. then donald trump weighed in to the debate saying that the two need to get their act together. opec plus needs to come together and cut. and if not we're thinking about putting tariffs on imported oil from russia, saudi arabia, and opec players starting as soon as possible to protect u.s. industry. you see the complexities playing out here. i tell you in the energy market itself, we went down 8% at the start and stabilized. it could have been much worse at the open. the volume picks up in europe. this is not the end of the day by any stretch of the imagination. >> how difficult in your estimation will be it be to get a deal? >> i think very because the time line is so tight to thursday. and again as i noted the original timeline of monday. there's 23 players within the opec plus.
vladimir putin of russia, the crown prince of saudi arabia mahamed bin salman and donald trump. who started the price war in march and who was not adhering to the opec plus agreement. as a result, michael, we were supposed to have this virtual meeting taking place today. that's been pushed to thursday. then donald trump weighed in to the debate saying that the two need to get their act together. opec plus needs to come together and cut. and if not we're thinking about putting tariffs on...
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Apr 20, 2020
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trump tweeted he was speaking with his, quote, friend, saudi crown prince mohammed bin salman, and with vladimir putin, but that industry is suffering tonight. >> thank you very much, jim acosta at the white house. joining us, governor mike dewine of ohio. governor, thanks for spending a few moments with us, i know you're incredibly busy over there. i don't know if you heard the top of our show, but governor brian kemp of georgia has just announced that many businesses in his state, barbershops, gyms, and others, will reopen as early as friday. we're hearing similar things from the governofvernor of sout carolina. is your state, ohio, anywhere near making those kind of dramatic decisions? >> well, wolf, what we've done is put a business group together, ceos of not only big companies but smaller companies in ohio, and charged them with charting a course for us. you know, who can open first, and what would be the best practices to follow as these companies do it. because it's important for us to move the economy forward. but if we're going to do that, we've got to move forward steadily. w
trump tweeted he was speaking with his, quote, friend, saudi crown prince mohammed bin salman, and with vladimir putin, but that industry is suffering tonight. >> thank you very much, jim acosta at the white house. joining us, governor mike dewine of ohio. governor, thanks for spending a few moments with us, i know you're incredibly busy over there. i don't know if you heard the top of our show, but governor brian kemp of georgia has just announced that many businesses in his state,...
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Apr 3, 2020
04/20
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prices surged 25% % thursday after trump tweeted that his friend -- saudi crown prince mohamed bin salman -- had agreed with russian president vladimir putin to cut oil production. president trump wednesday announced u.s. navy ships are being deployed to waters near venezuela in one of the largest u.s. military operations in the region since the 1989 attack and invasion of panama. this comes as venezuela state prosecutors have summit venezuelan opposition leader juan guaido for an alleged attempt to coup d'etat against maduro and attempted assassination. belovedew york city, brooklyn elementary school teacher has died from complications of covid-19. sandra santos-vizcaino was described by the community as a generous, talented teacher and an amazing hugger who pushed and supported her students unconditionally. santos-vizcaino was a third-grade teacher at prospect heights' p.s. 9 who had been working as an educator for at -- over two decades. she was a member of the association of dominican american supervisors and administrators and was awarded the outstanding education leader award in the
prices surged 25% % thursday after trump tweeted that his friend -- saudi crown prince mohamed bin salman -- had agreed with russian president vladimir putin to cut oil production. president trump wednesday announced u.s. navy ships are being deployed to waters near venezuela in one of the largest u.s. military operations in the region since the 1989 attack and invasion of panama. this comes as venezuela state prosecutors have summit venezuelan opposition leader juan guaido for an alleged...
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Apr 2, 2020
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when mohammed bin salman was interested in organizing a snap g-20 meeting to respond to this right nows telling the saudis we don't want you to do that. we should be taking the lead. we should be coordinating. we should ensure any policies we're putting in place, our allies know about them in advance and we're trying to work together. we should be calling on a common response, both inside the united states among our states, but also with allies in terms of trying to secure the critical medical supplies and personnel we need at one common price. coordinated. after 9/11, when there was a war in afghanistan, the united states led the coordination with our allies and everyone else. after 2008, stimulus, fiscal response, the g-20 was set up by the americans, the head of state level. we drove that response internationally. and, alisyn, you're completely right, we're on our back in spending to some of this right now. but that doesn't mean the americans can't lead internationally. we're still the largest economy, we still have the military capabilities, and lord knows we still have the politic
when mohammed bin salman was interested in organizing a snap g-20 meeting to respond to this right nows telling the saudis we don't want you to do that. we should be taking the lead. we should be coordinating. we should ensure any policies we're putting in place, our allies know about them in advance and we're trying to work together. we should be calling on a common response, both inside the united states among our states, but also with allies in terms of trying to secure the critical medical...
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the country's top leader, including crown prince mohammad bin salman, are in seclusion.as been set up for possible top urgent cases. >>> senator bernie sanders is suspending his presidential campaign, making former vice president joe biden the presumptive democratic nominee. sanders says he's going to continue leading the movement he started, hoping to influence the future of the democratic party. >> i cannot in good conscience continue to mount the campaign i cannot win and which would interfere with the important work required of all of us in this difficult hour. >> in an interview with stephen colbert last night, sanders called biden a, quote, very decent man but stopped short of offering an explicit endorsement. biden had nothing but praise for what sanders accomplished. >> he didn't just run a political campaign, he created a movement. and that's a good thing for the nation and for our future. >> the former vice president acknowledges he has a lot of work ahead, trying to win over some of sanders' most skeptical progressive supporters. he also says he might make his
the country's top leader, including crown prince mohammad bin salman, are in seclusion.as been set up for possible top urgent cases. >>> senator bernie sanders is suspending his presidential campaign, making former vice president joe biden the presumptive democratic nominee. sanders says he's going to continue leading the movement he started, hoping to influence the future of the democratic party. >> i cannot in good conscience continue to mount the campaign i cannot win and...
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Apr 8, 2020
04/20
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family have contracted covert 19 the paper says that king solomon in the crown prince mohammed bin salman staying in an island palace near the city of jeddah saudi arabia has reported almost 2800 coronavirus cases and 41 deaths if you have his prime minister ahmed has declared a state of emergency to help curb the spread of the virus experts are worried that an outbreak could be hard to contain in a country where the health care system is already under strain the therapy has reported around 50 confirmed cases so far and at least 2 deaths well davison is a senior ethiopian analyst at the international crisis group and he says the true scale of infections across the country is unclear not too much testing has been done but the government has steadily increased that accrediting a couple of other literatures to do so but it's certainly not a huge amount of testing that's going on and maybe that's partly why there's not a huge amounts of infections that's to say there is quite a lot of uncertainty about the extent to which the coronavirus may have spread so far in ethiopia but really it's a qu
family have contracted covert 19 the paper says that king solomon in the crown prince mohammed bin salman staying in an island palace near the city of jeddah saudi arabia has reported almost 2800 coronavirus cases and 41 deaths if you have his prime minister ahmed has declared a state of emergency to help curb the spread of the virus experts are worried that an outbreak could be hard to contain in a country where the health care system is already under strain the therapy has reported around 50...
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Apr 15, 2020
04/20
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maria: welcome back now, reaction to my interview with prince abdulaziz bin salman.thank you so much for joining us. amazing that the numbers are so much more than the market thought, dagen mcdowell, in terms of production cut and the markets are not responding, still skepticism as far as players are going to keep the promise, i guess. dagen: indeed, if you cut production by 20 million-barrels a day that would offset expected decline in demand because of the literal global shutdown to fight the coronavirus, but some things that you did point out, saudi arabia needs much higher oil prices to balance its budget. you pointed that out in the interview, so does russia. russia can balance its budget half of the price roughly of what saudi arabia requires, but it's significantly higher than where we are right now, but this is an incredible feet of diplomacy on behalf of president trump to eventually save a lot of shell producers from bankruptcy and extinction and i'm sure the president provided that we are great supporters militarily of saudi arabia and we create a lot of s
maria: welcome back now, reaction to my interview with prince abdulaziz bin salman.thank you so much for joining us. amazing that the numbers are so much more than the market thought, dagen mcdowell, in terms of production cut and the markets are not responding, still skepticism as far as players are going to keep the promise, i guess. dagen: indeed, if you cut production by 20 million-barrels a day that would offset expected decline in demand because of the literal global shutdown to fight the...
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Apr 9, 2020
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saudi royal family have contracted covert 19 paper says king solomon and the crown prince mohammed bin salman staying in an island palace near the city of jeddah. in breaking news chad's army says it's killed a 1000 boko haram fighters in an operation near the lake chad border region an army spokesman says $52.00 of its soldiers died in the operation the armed group out of the country offensiveness launched after boko haram attacked killed nearly 100 child in soldiers last night. well one of the un top human rights experts is warning that changes to egypt's anti-terrorism laws could lead to more rights abuses and the recent amendments include tougher penalties broader definitions of terrorist entities and imposing the death penalty on those found guilty of funding terrorism the u.n. says the new measures could result in more arbitrary detentions torture and disappearances it's called on egypt's government to comply with international laws iraq's intelligence chief mr out at the media has been asked to form a government that's off the prime minister designate nanos if he withdrew his kind of a
saudi royal family have contracted covert 19 paper says king solomon and the crown prince mohammed bin salman staying in an island palace near the city of jeddah. in breaking news chad's army says it's killed a 1000 boko haram fighters in an operation near the lake chad border region an army spokesman says $52.00 of its soldiers died in the operation the armed group out of the country offensiveness launched after boko haram attacked killed nearly 100 child in soldiers last night. well one of...
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Apr 1, 2020
04/20
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BLOOMBERG
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we see that president trump is speaking to vladimir putin in russia and mohammed bin salman on and saudif these diplomatic talks can lead to an attempt to at least bring parties together. this will only work if also the u.s. brings in something. it's very hard to see that this would be something in the form of lowering u.s. production. russia wants to see if u.s. production will drop as well so they are not really in a hurry. it's very hard to see how the u.s. will cope with this. matt: how much does the price war matter if there is no demand out there for the product? reallype, you can't drive long distances without getting stopped at a border. you can't fly anywhere, obviously. all of my favorite factories are closed. so what do people need oil for right now? hans: indeed, that's the main problem. there is also not urgency to cut production now, because there is no way that they can actually balance the demand drop we see at this moment. in that respect, to come with a new production cut agreement between opec and non-opec members, that is probably only good timing to see if demand is
we see that president trump is speaking to vladimir putin in russia and mohammed bin salman on and saudif these diplomatic talks can lead to an attempt to at least bring parties together. this will only work if also the u.s. brings in something. it's very hard to see that this would be something in the form of lowering u.s. production. russia wants to see if u.s. production will drop as well so they are not really in a hurry. it's very hard to see how the u.s. will cope with this. matt: how...
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Apr 8, 2020
04/20
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BLOOMBERG
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out of the united states due to the markets, will it be enough for president putin and mohammed bin salmantt: thanks very much. annmarie hordern with a look at oil ahead of tomorrow's big meeting. coming up, is cash really trash? thanksio things -- so. we will discuss, next. this is bloomberg. ♪ matt: welcome back to the open, just 30 minutes away from the start of cash trading this morning. we got a dramatic number out of france, the french economy sank -- shrank the most, i should say, since world war ii in the first quarter, due to the efforts to stop the spread of the coronavirus. bank ofmp is what the france is predicting for the first quarter. it is comparable only to a 5.3% date that goesa beyond even the memories of anna and myself. it is a terrible drop. maybe the concern is this pre-stages other european countries. we expect similar numbers out of germany. if you look at the full year numbers, they could be this bad .s well anna: really interesting to see our colleagues' write ups on this, how the banks have come up with these numbers, saying like other central banks, they are se
out of the united states due to the markets, will it be enough for president putin and mohammed bin salmantt: thanks very much. annmarie hordern with a look at oil ahead of tomorrow's big meeting. coming up, is cash really trash? thanksio things -- so. we will discuss, next. this is bloomberg. ♪ matt: welcome back to the open, just 30 minutes away from the start of cash trading this morning. we got a dramatic number out of france, the french economy sank -- shrank the most, i should say,...
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Apr 2, 2020
04/20
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BLOOMBERG
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hes followed a tweet where talked about a conversation with mohammed bin salman of saudi arabia, whopoke with president putin of russia, but there was 10pticism about one what million barrels meant. in the meantime, president trump is doubling down and saying russia and saudi arabia both want to make a deal. taylor: we are getting headlines that the u.s. had their aa plus rating affirmed by s&p, the outlook stable, it is not rated comingt again, s and p out and affirming the rating on the united states at aa plus. the outlook has been stable. ery, as we hear more about the press conference, what is the latest on u.s. cases and deaths? shery: we continue to see confirmed cases and deaths in the u.s. rise. in new york, more than 92,300 cases, more than 2300 deaths. pence,esident mike saying there have been more than 100,000 americans tested daily for the virus. already more than one million tests have been performed. mayor bill de blasio here in new york talked about changes in guidelines when it comes to wearing masks, encouraging new yorkers now to cover their faces when they venture
hes followed a tweet where talked about a conversation with mohammed bin salman of saudi arabia, whopoke with president putin of russia, but there was 10pticism about one what million barrels meant. in the meantime, president trump is doubling down and saying russia and saudi arabia both want to make a deal. taylor: we are getting headlines that the u.s. had their aa plus rating affirmed by s&p, the outlook stable, it is not rated comingt again, s and p out and affirming the rating on the...
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Apr 29, 2020
04/20
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BBCNEWS
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the country's public investment fund — led by prince mohammed bin salman — look set to buy 80% of theencies believe the prince ordered the journalists death inside saudi arabia's consulate in turkey two years ago. he denies this. now, you might remember on breakfast yesterday we were talking about how to get the right haircut in this lockdown. all the home haircuts we have been watching. well, perhaps the world's number one tennis player novak djokovic was listening! so here he is with his wifejelena — and the dreaded clippers! a decent amount of hair there. well, there was certainly a lot of hair on the floor. and here's the end result. a good job! i think she did really a very good job. iam i think she did really a very good job. i am loving seeing all the lockdown haircuts. that one is pretty good, you must save. matt taylor's good lady did a spectacular job on his bonnet. have you cut your own hair? we had nicky clarke on yesterday. he said you have to cut a fringe dry, not wet. i think it's done all right. good for you. thank you. rainbows on windows and the thursday night clap f
the country's public investment fund — led by prince mohammed bin salman — look set to buy 80% of theencies believe the prince ordered the journalists death inside saudi arabia's consulate in turkey two years ago. he denies this. now, you might remember on breakfast yesterday we were talking about how to get the right haircut in this lockdown. all the home haircuts we have been watching. well, perhaps the world's number one tennis player novak djokovic was listening! so here he is with his...
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Apr 29, 2020
04/20
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KPIX
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this morning" podcast, ben hubbard of "the new york times" discusses his new biography of mohammed bin salmanbs." listen on your favorite podcast platform. we'll be right back. >>> before we go, a hopeful moment during this uncertain moment. take a look. >> okay, you guys, we're going to go over another s.a.t. problem. if the average of 2 a -- >> that is 16-year-old alexis loveraz using social media to help other students study for the s.a.t.s. the bronx math whiz is using the app tiktok to help hundreds of thousands of people with algebra, geometry, and chemistry. his videos have been liked more than five million times. and gayle, we don't have the data yet, but i got to imagine those s.a.t. scores are going up, as well. >> i'll bet. i wish i would have had alexis when i was in high school. might not have failed -- well, gotten a bad >>> this is a kpix 5 news morning update. >>> good morning. i am gianna franco. a few things to watch on the roadways so if you are an essential worker or delivery driver, and taking 580, a trouble's bound at regatta. wendling is locked. slightly slow through th
this morning" podcast, ben hubbard of "the new york times" discusses his new biography of mohammed bin salmanbs." listen on your favorite podcast platform. we'll be right back. >>> before we go, a hopeful moment during this uncertain moment. take a look. >> okay, you guys, we're going to go over another s.a.t. problem. if the average of 2 a -- >> that is 16-year-old alexis loveraz using social media to help other students study for the s.a.t.s. the bronx...
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the president has said he has spoken with vladimir putin and mohammed bin salman in the recent days leading meeting at the white house this afternoon, it will be the president, vice president, members of the administration and several of the biggest players in the oil and energy field. just to give you a little bit of example of who's expected to be in the room, the heads of exxon, chevron, occidental petroleum, industry representatives, too, just to give you a few. there of course has been a lot of focus on this saudi arabia/russia standoff and what that has done to oil prices. you talk about the comments made from vladimir putin as well. but that's only half of the story or part of the story, however you want to divvy it up. there has also been back here in the u.s. this cratering of demand for oil and for gas, because of everything that's been going on. i can tell you a conversation that i was having earlier today, that was brought up to me at the very beginning. yes, there's saudi arabia, russia and that whole dynamic but back here in the u.s., the demand is simply just not there. it's
the president has said he has spoken with vladimir putin and mohammed bin salman in the recent days leading meeting at the white house this afternoon, it will be the president, vice president, members of the administration and several of the biggest players in the oil and energy field. just to give you a little bit of example of who's expected to be in the room, the heads of exxon, chevron, occidental petroleum, industry representatives, too, just to give you a few. there of course has been a...
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>> i think in the case of both vladimir putin and mohammed bin salman, crown prince of saudi arabia,attempting to play a longer game, and that is to create such chaos and such reduction of capability in the u.s. oil and gas industry that they would basically take over again control, total control of price and once the u.s. industry was in shambles, then they would cut back production and enjoy the rising price. and stay in control of it. this is really a national security issue for the president and for the oil and gas companies, because having a strong independent industry in this country is really the nation's best protection against the vagaries of geopolitics which has always been part of the oil industry. neil: what is the sweet spot here? obviously when we tumbled into the 40s, the 30s, the 20s, then we were around 19 briefly, people said enough, already, that hits the fracking industry, it hits the drillers and the wildcatters, to say nothing of the big guys. now there's a little bit of bounce-back but it's still a long way from where we were. so what happens? >> the current b
>> i think in the case of both vladimir putin and mohammed bin salman, crown prince of saudi arabia,attempting to play a longer game, and that is to create such chaos and such reduction of capability in the u.s. oil and gas industry that they would basically take over again control, total control of price and once the u.s. industry was in shambles, then they would cut back production and enjoy the rising price. and stay in control of it. this is really a national security issue for the...
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Apr 10, 2020
04/20
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FBC
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last night he had that phone call along with vladimir putin and the saudi leader mohammad bin salman well. today a followup one-on-one with vladimir putin. so we await to see potential details as to what those two talked about in that phone call coming up for the president, when there was that three-way phone call last night, the president was asked about it in the briefing saying he feels there could be a lot of layoffs in the energy market, in the oil industry here back stateside because of the drastic drop in oil prices that we have seen here over the last, what has it been, four, five, six weeks or so in tandem, of course, with what's going on with covid-19 here in the country and all around the world as well. there has also been a renewed or at least continued talk today as it relates to potentially when the economy can be opened up. the labor secretary eugene scalia said earlier this morning quote, we know that we can't wait too long, talking about opening the country back up economically speaking, saying that he feels that if they wait -- if we wait too long, then the bounce b
last night he had that phone call along with vladimir putin and the saudi leader mohammad bin salman well. today a followup one-on-one with vladimir putin. so we await to see potential details as to what those two talked about in that phone call coming up for the president, when there was that three-way phone call last night, the president was asked about it in the briefing saying he feels there could be a lot of layoffs in the energy market, in the oil industry here back stateside because of...
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he spoke to putin and the crown prince of saudi arabia mohammad bin salman.bs has great deal of self-confidence of failure to understand how badly this is hurting his best ally in the world, the united states. i think the president will keep chipping away. he's meeting with oil executives tomorrow. there's a limit. some of them want to constraint u.s. output but that's not what we do. so this will probably go on a little bit longer but i don't think oil, you know, one reason i'm long on excess son and usl, i don't think oil will stick around at 22 bucks a barrel for very long. maria: okay, but unless we actually see production cut the supply-demand situation, does it necessarily support much higher priceses -- prices, right? >> it doesn't. they can't keep this for very long. maria: yeah. >> saudi can produce very cheaply but has extremely expensive state and royal family to support. russia not in good fiscal situation. both have incentive to move on after at least getting through the additional display of whatever they are trying to do and also interesting to
he spoke to putin and the crown prince of saudi arabia mohammad bin salman.bs has great deal of self-confidence of failure to understand how badly this is hurting his best ally in the world, the united states. i think the president will keep chipping away. he's meeting with oil executives tomorrow. there's a limit. some of them want to constraint u.s. output but that's not what we do. so this will probably go on a little bit longer but i don't think oil, you know, one reason i'm long on excess...
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Apr 13, 2020
04/20
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CNBC
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from the oval office, great deal from the white house they said the president spoke to mohammed bin salman either way, as you know very well, the president has went personally involved in these negotiations not just trying to keep saudi arabia and russia at the table but also promising to move ne mexico along and intervening directly with president obrador. >> we don't want anything to hurt our incredible industry actually, the largest producer in the world now we don't want anything to hurt those jobs, those great jobs in texas and north dakota and oklahoma and everywhere. >> north dakota senator kevin cramer along with alaska senator dan sullivan led a two-hour phone call over the weekend between saudi officials and other lawmakers from oil-producing states perform after the deal was announced, senator cramer wrote on twitter, we know this fight isn't over. we have to make sure these countries hold up their end of the deal we will be watching every step of the way an important victory for the president as installment negotiations over the next package of coronavirus aid remains unsolved
from the oval office, great deal from the white house they said the president spoke to mohammed bin salman either way, as you know very well, the president has went personally involved in these negotiations not just trying to keep saudi arabia and russia at the table but also promising to move ne mexico along and intervening directly with president obrador. >> we don't want anything to hurt our incredible industry actually, the largest producer in the world now we don't want anything to...