you to have a 30 year mortgage, because no bank would make a 30 year mortgage, so what happens is fannieand buys those mortgages from the banks and sells it as mortgage backed securities so calabria will be replaced by someone that the biden administration wants to replace and that will basically pursue a very aggressive housing policy, making sure that banks issue 30 year loans to people that are further down on the credit scale , more liberal policy, something along the lines of what occurred during i guess the clinton administration and the bush years, where fannie and freddie were used to juice the housing market. who that might be is a question right now, the name that i keep hearing, and it's going to be somewhat controversial i think not because he's a bad guy mark zandy, the head of moody's analytics. the reason why he would get selected is because he's written extensively on these sort of issues on housing issues he's a progressive, he's a liberal but a wall street liberal, and you know, he is for more expansive policy. just so you know the other side of the story is very far le

not only are they going to probably stop your efforts to gradually move fannie and freddie out of theng good progress, but i'm worried they are going to take the revenues from fannie and freddie, and the preferred stock and so forth and use it for crazy woke housing affordable housing stuff , maybe even crashing into the suburbs. that's what i wanted you to address. >> you know, well first of all i should mention this too during the two years i was head of fhf a, managing fannie and freddie, we saw the largest annualized increase in black homeownership during those two years and the time we've been keeping data and we did it at a time we were making homeownership more sustainable so there's a smart way to expand homeownership growing incomes, that's growing jobs, and there's a crazy way, which is getting rid of lending standards, getting rid of down payments, and to me, that'll be destructive to the very families who will get those mortgages, it'll be destructive to those communities you and i saw this back in 2008 leading up to that crisis and i'm very worried we're starting to see t

fannie and freddie mac are plunging right now.the back of a decision by the supreme court that would give the u.s. president more authority over the mortgage agencies but also rules against outside investors when it comes to a key sticking point on profit sharing. it is a complicated story. let us bring in bloomberg's dave wilson. david: you have to go back to 2008, when when the government brought fannie and freddie into conservatorship. when they set it up, the head of the agency at his job and thus he did not perform. the president does not have much power. you are talking about governing -- companies in the world. there is a lot of stake here. fannie and freddie initially paid dividends to the treasury based on its investment in those companies. in 2012, there was an amendment. we see money going to treasury. there were some hedge fund investors. they figured that $104 billion went to treasury that would not have under the initial formula. they want to court to try and deal with that. the challenge that amendment in 2012. toda

dollars in profits from fannie and freddie.o -- $300 billion in profits from fannie and freddie. the doj claim was kicked back to a lower court's, so that was the downside for fannie and freddie shareholders. the other part of the suit was that investors say the federal housing finance agency that helps crafted these agreements that are also being disputed is unconstitutionally structured. that part is going through to the supreme court. that is a partial win. the constitutional claim means that potentially gives more power to the president to fire the faha director. so mixed reaction from the spring court. definitely a solid reaction from the shareholders now. stocks down double digits.comine of the 60/portfolio -- the 60/40 portfolio has been greatly exaggerated. more on that next. this is bloomberg. ♪ ♪ guy: 22 minutes past the hour. this is "bloomberg markets." alix: it's ok. it's wednesday, man. guy: alix was never going to let me get away with that. [laughter] alix: guy thinks i say catch u -- say ketchup trade, like the

they took over fannie and freddie. and then they realized might be having a problem. that was about the 20th of september. instead they literally made goldman and morgan stanley bank holding companies. which allowed them to borrow billions and billions of dollars but that all of the liquidity they needed. two or three days later treasury and federal reserve, you know this for a fact if you talk to people at the federal home loan bank in seattle so a couple after they gave all of this makes the investment bank they called the federal home loan bank and said cut off liquidity for washington mutual. >> so what did you won them to do? or what do you think they could have done that would have kept washington mutual from collapsing? >> they were in pure panic mode there is no plan at all it was pure panic. they were going to open up the doors for all of the money and support to goldman zach's and morgan stanley, why couldn't they three days later get that same liquidity to washington mutual and then several days after that i not get the same liquidity? >> so why didn't they

a deal, when you hold up that o'brien trophy one fine day, i'll make sure you have a personalized fanny pack ready to throw on. devin booker wrote back "deal." and now, that it might happen, i don't want us to lose sight of this. the fulfillment of this promise might be just the thing to heal this nation. [ laughter ] so i would like to remind the rock to order that fanny pack now. because especially now with delays from covid, ordering from etsy takes forever. [ laughter ] so get that. this one has three zippered pockets and an adjustable strap! who wouldn't treasure an item like that? by the way, if you're in the market for a summer internship, and you live here in l.a., there is an unusual opportunity at a local cannabis delivery company. we may have found the most highly coveted internship of all time. this is an actual post for an actual position. "do you have what it takes to review cannabis for a living? we are seeking a passionate, detail-oriented, creative writer to review every single product on our weed delivery platform. the candidate must be timely and attentive to detail."

we've recently seen the return of the fanny pack and even crocs are having a moment. it's all about the jorts. and experts are saying it's not jut for dads in the backyard anymore. >> look at this. look at what i can do. >> reporter: they've been known for their flexibility. now, they're back in style, too. jean shorts, reclaiming their spot on fashion's jort list. >> jorts, they have come back in a big way. i can't guarantee for a long period of time. but definitely this summer, they're coming back strong. >> reporter: "the wall street journal," declaring jean shorts, a dad style staple are suddenly in fashion. and "gq" writes that the unlikely jorts comeback is under way. right now, asos is selling 200 styles of jean shorts. not only are they on trend -- >> my friend is having a dad-themed party. >> reporter: jorts, the focus of parties online. #jorts wracking up millions of views on tiktok. millennials and gen-z, loving the style that was popular in the 1970s. >> i can't thank you enough for lending me the clothes. >> reporter: sharing diy tips and styling advice.

it was blocked by fannie mae and freddy mac investors. the jesters dismissed claims that the agency exceeded its authority and collecting profits from governors concert firms. fannie and freddie plunged the most in trading since 2013. a white house official says u.s. negotiators are prepared for a return to indirect talks with iran on the 2015 nuclear deal once leadership in tehran is ready. sources say president biden's negotiating team could receive the talks in vienna as early as next week. iran's new president said this week iran would continue diplomatic efforts to revise the accords. a u.s. lawsuit has accused china's zte of indirectly supporting an iranian terrorist campaign, which resulted in americans being injured and killed in iraq. the federal suit claimed zte did business with the islamic revolutionary guard, even though it knew that transactions would help finance and support iran's terrorist activities in neighboring iraq. the vigorous -- the biggest wireless carrier was also named as a defender in the suit. hong kong's app

there's just one room out natania. fanny subway. her son got another record. i'm going to her on a. that's about a mob woke up, but i do because i don't 80. i'm going to get data. what did i say that the la ya will? well, i didn't reward or i'm going to so i month ah, ah ah, i know i did. i had to do. i didn't sit by database or about that. oh good. yeah. could you now call us as an order handle when you read it over? yeah. the jars are you only lead later you are going to i just cool either. i'm going to, you know, i feel like i didn't done that and i did not. i don't know, but i know i know that our now how did she ever go again? i please, i'm that i need another 90 good that you haven't or now which i'm sure the bad i just i wonder why she brought my level with services, but none of that. and i was, if they go staff at the, what the new movie coals of the war for the real world that are so little mean. so why there was, hey, i wanted to show up with miguel. give ridiculous, we know how young i was overland. how my fiance? yeah, and i saw your fire burn and now the young people ar

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yeah, to me as you are over adams though our fund this is just one. remind natania fanny, her son got another record. i'm going to her on a that's about a mob woke up, but i do because i don't 80. i'm going to dr wiley's computer. what did i say with the la jago? well, i didn't move or i was there. so i was, i was a month. ah . the news . i got go and i did. i had to do. i did fill it out by database or nothing. oh good digit. yeah, could you now called us as an order handle management over here? the jobs are you only late later you are going to i just called and i saw that i'm going to offer you the i can offer it done and i did not. i don't know, but i know i know that our now how did she ever go again? i please, i'm that i need another 90 good that you haven't or now which i'm sure the bad i just i wonder why she brought my let me know that and i was if they go staff at the what the new movie whole school for the real world that are so little mean. so why there was dave. i wanted to show up with miguel. give me know how i was over the how my fiance in. yeah. and i saw your fire bur

so our free shot fund, there's just one room out natania, fanny, her son got another record of it. i'm going to her on a was about a mob woke up, but i do because i don't 80. i'm going to, that was good peter. what did i say with the le yahell? well, i didn't move or i'm going to, so i month ah, [000:00:00;00] the news news. i've got go and i did. i had to do. i did fill it out of a database or about that. oh good, is it jackie? you now called us or i can't handle the news. read it over. yeah. the jars are you only late later you are going to i just i'm going to offer you the i can offer it done here and i did not. i don't know. i know, i know because he was our how did she ever go again? i please i'm that i need another 90. you haven't are now job or the bad i i job i go, why did she but my love, that service is none of that. and i wonder if they go staff at the what the new movie whole they of the war for the real world that are so little mean. so why they're what support guy when they do should be up. miguel, give me know i don't how i was young. i never move along the way how m

me as you are over adams though our shad fund is just one room on natania fanny. her son got another record to did our on a pre ma, bob woke up with dr. i do because i don't want to be i'm going to that was good data was that i should be eligible. well, i didn't move or i'm going to so much i use use use it. i've got no energy d t. i know how to do. i did fill it out by database or about that. oh good. yeah. could you now because i can't handle the news, read it over. yeah. the jobs are you only late later you are going to i just saw that i'm going to, you know, i should have done that and i did not. i don't know. i know. i know enough because he was very good our. how did she ever go again? i please i'm that i need another 90 good that you haven't or now or job? sure. the bad i, i job i do i i use, why did she but my love, that service is not that i was if they go staff at the what the new mood cold of the war for the real world that are so little mean. so why there were several guy up we needed to show up with miguel. give me digging me. no. i don't. how i was y

came to a halt this thursday when scotus, the supreme court ruled that the government take over of fannieattle that went on and on and on and the stock actually got as high as $5 a share, some people predicted it would go up to $10, obviously it's nowhere near, now it's going back down below a buck, is the trajectory now because of the supreme court thing, and you know, neil, again, when you talk to investors and they say, you know, give me how these sort of frenzies work, and they are looking at amc, they are looking at gamestop and seeing two debt- laden money-losing companies that have just captured the public investing public's imagination so people are going to keep buying for a while, particularly as long as interest rates are low and they are comparing it to fannie and freddie which i'm telling you despite lousy fundamentals, real logic about its prospects as a profitable private company that rewards shareholders, the stock, you know, got up there and it went from something like $0.30 during the financial crisis to almost $5. that's a huge, it's a huge gain. i know $5 doesn't sound

replace the leader of the federal housing finance agency fhfa you know the agency which oversees fannie and freddie. fannie mae and freddie mac the white house is moving forward to find a successor to the trump-era holdover he was trying to end the fannie and freddie government control a lot of people were hoping to make money on fannie and freddie as public entities the way they used to be the official told cnbc that the president will seek a new head of the fhfa which better reflects the administration's values the decision comes after the supreme court ruled the housing agency should be accountable to the executive branch until the 7-2 ruling, the fhfa could only be removed by the president "for cause." now that is no longer the case. >>> shares of beyond meat. the shares of the company dipping after the note from jpmorgan chase said that dunkin discontinued the beyond breakfast sausage. the sandwich is available at several hundred vlocations out f the 8,000 that exist in the united states. dunkin is working to explore plant-based options. >> this is inventory they have left the hot

fannie and freddie launched the most in intraday trading since 2013.ee has been found dead in a spanish prison sell shortly after it was announced he would be extradited to the u.s. to face charges of financial crimes. the creator of the mcafee antivirus software had been jailed in spain since october on u.s. tax evasion charges, owing more than $4 million to the u.s. a spanish newspaper reported he appeared to have died by suicide. global news 24 hours a day on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm su keenan. this is bloomberg. haidi: still ahead, hong kong hotel ceo clement kwok joins us to discuss tourism in malaysia with the easing of quarantine resurgence. next, yichen is betting clinical attention will be a boon for chinese tech. that conversation is ahead. this is bloomberg. ♪ this is bloomberg. ♪ haidi: let's get to that bloomberg scoop. the u.s. is set to bar some solar products from china, marking one of the biden administration's biggest steps to counter alleged hum

and that because mr. fanny, that the last dragon had called the home he, w books i you're watching the news asia coming up today. what's happening in quebec, the territory long under the control of china also has a long history of resistance. but in the era of shooting team any and all pushback has been eradicated, we take a closer look. plus we'll talk restart between the us and north korea on the nuclear zation. that's what the b 5 data ministration would like to see the news. i melissa chance, thanks for joining us. with so many regions and people facing pressure from the chinese state, whether from the weekly chipping away of civil liberties in hong kong to the mass detention other persecuted ethnic, weaker population or chinese military jets flying closer and closer to taiwan. attention to tibet can be easily lost. one of the reasons for the lack of coverage is the fact that the territory has been closed and controlled by beijing as a police state the longest. we know very little, but as our report shows, people into bed have learned the art of or wealth. double speak to bent, nic

my great grandmother, his mother, was enslaved, fannie wilson, in and around galveston, texas, all of those years. i've always celebrated, my family has, juneteenth because this is a story of our family and our descendents and today for me personally being there in the white house was just so exhilarating >> i can see from the look on your face and the viewers can agree what it means to you. yes, galveston, texas such an important part, the launching point of this juneteenth movement and holiday. back to you, professor taylor. we just mentioned reparat money what could it be? just an apology or something more? >> well, i think it is something like the president -- president trump's permanent tax cuts for corporations. i think this has to be sustained for decades and decades. anyone talking about a short-term, quick fix, let's do it once and be done, is not sincere about what reparations is. it took 300 years to get in this condition. it is going to take decades and decades to get out. so-in thinking we -- anyone thinking we can just write a check and solve the problem that is not what

shares of fannie mae and freddie mack sank 30% yesterday after supreme court ruled president biden could replace trump appointed head of the federal housing finance agency. investors were homing mortgage giants would return after 12 years under government control but biden administration signaled it is in no hurry to do so. >>> the creator of antivirus software mcafee has died. he was found dead in a spanish jail hours after a court ruled he could be expedited to united states to face charges. government authorities are investigating but said everything points to death by suicide. mcafee was 75 years old. >>> legos will soon be made from recycled plastic bottles. the toy company is aiming to create new blocks without people noticing the difference. lego uses plastic made from crude oil but hopes to make the switch within two years. lego says one liter plastic bottle provides enough raw material for ten 2 by 4 bricks. for more head to cbsmoneywatch.com. i am diane king hall. >>> antioch is one step closer to being what the mayor calls cannabis capital of northern california. a plan is in

that's and how to force and followed him and that because of that, mr. fanny that the nasty dragon has called the home, which we use you books on german whiskey anytime in the video. and we have to thank you for those songs to sing along to download come from super easy to do very causes put us into active exercises are available at the w dot com slash dogs on facebook in the gym and for free with the candidates. i and in the end they tell me you are not allowed to see you anymore. we will send you back. are you familiar with these with lions, just what's your story. ready wasn't i wasn't women, especially victims design and take part and send us your story chain only understand this new culture. so you are not a visitor, not the guess you want to become sitting in so migrants your platform for reliable information. you're watching the w news asia coming up today. as the taliban capture is more territory, the international community sounds the alarm, but can anything be done to ensure the survival of the afghan government? we take a closer look plus is this prime minister modi's vanity

and as he can that mr. berman fanny, that the nazis dragon had called home for 2 years. you books against the corona, virus pandemic, as the rate of infection and developing what measures are being taken? what does the latest research say? information and context, ah, i recently updated the special monday to friday on dw, the, the drama and gowns and a film festival for the public. but that's not all the berlin that has never shown laid away from the big issues that affect our world. films with heart hitting political content have always been main protagonists. on this red carpet, magnet was welcome to arts and culture. it's always been known as your most political film festival hollywood starz, welcome, but it burnings international film festival. they've never been the main attraction over the years. we've got used to welcoming filmmakers who are also dissidence, or his work has been banned in the own countries. this year, the addition again, spotlights real life injustices and in particular, tells the stories of confident, influential women whose courageous actions wi

ah, ah, when i was, for instance, the fashion photography do, portrays fanny from cologne as a princess in the bedroom, she has all to herself. even the time a lot of kids have to share their rooms with their siblings, but i'm an only child, so i had a space just for me over this past year and i've been with them. it's a place of your own that you can withdraw to where you spend most of your time on what i can see, where you have a lot of experiences for the very 1st time on. and when i think about that and reflect on everything that's happened there, and i think it is a pretty cool place inquiry put that to be reminded a bit of your own use. of course. how was it back then? are things very different now? i don't think much has changed. i recognized myself in these rooms. although they were a busy, heidi or someone about who missed ard list of us will taught. and unlike in the past, these rooms are connected to the outside world via the internet. still, even children with the most privileged backgrounds, aren't risk of getting lost in the long lockdown them as in the flocks. all these h

ah, ah, when i was, for instance, the fashion photography do, portrays fanny from cologne as a princess in the bedroom, she has all to herself, even the time that a lot of kids have to share their rooms with their siblings. but i'm an only child, so i had a space just for me over this past year. and i would it's a place of your own that you can withdraw to where you spend most of your time. of course i can see that where you have a lot of experiences for the very 1st time on. and when i think about that and reflect on everything that's happened there. and i think it is a pretty cool place to be reminded a bit of your own use. of course. how was it back then? are things very different now? i don't think much has changed. i recognized myself in these room, although they were a busy, heidi or someone will be the best or little volatile type. and unlike in the past, these rooms are connected to the outside world via the internet. still even children with the most privileged backgrounds are at risk of getting lost in the long lockdown. them as in the snacks, all these headlines lamenting wha

fanny, that the nasty dragon had called the home to use the w bucks on the news . the news line from berlin held fade for more survivors after the collapse of an apartment building in florida. as the search continues questions and merge over warning signs that seem to have been ignored for years, nearly 160 people are still missing. so coming up, britain helped secretary steps down over an affair with a colleague. man hancock was pictured breaking his own corona virus by kissing an aide in his office. ah i'm to call for he will come to the show. hopes urged when lang that any more survivors will be found in the rubble of a collapsed apartment complex in florida. now reports have emerged about an engineer warning of major structural damage to the building 3 years ago. so far, officials have confirmed for deaths, but nearly a 160 people are still missing. make shift memorial has sprung up in the sub of the surf side to the scores of people engulfed in the rubble of the collections department. block, search and rescue teams. working around the clock, probing the way a

and i'm told that mr. fanny that the nasa dragon has called her home you books on german whiskey w anytime in music video november, we have to beg for those songs to sing along to download the call from super varied courses into active exercises. d, w dot com slash dogs on facebook in the germans are free with the w. the was on his face was one of the 1st germans to contract cove in 1900. and she was one of the 1st to see that symptoms can remain even after the virus is gone. 5 months later, she was still experiencing difficulties. as you can see, moodle come on very tired, i can easily go to bed and fall asleep at 8 o'clock. that wasn't the case before. yeah, and that's the main problem. the tiredness.

i mentioned home the 4th time, some follow up with mr. fanny, that's a nasty dragon's and this one has called the home, which we use you books on how does a virus spread? why do we panic by and when will all this 3 of the topics that we covered and i weekly radio broadcast. if you would like me for information on the corona virus or any other final topic, you should really check are podcast. you can get it wherever you get your podcast. you can also find us as w dot com, forward slash science the millimeter away from an historic deal. that's how long g 7 finance minister described efforts to agree on a global minimum corporate tax right after a day of talks in london coming up russia as president putin has been addressing mr . petersburg, international economics for him as his country tries to persuade the world. it's back open the business and montenegro want to the highway, but at what cost financing deal with china has now turn sour stress and to suck you into the route to really business on robots in berlin. welcome to the program. the net could be closing on firms. you don't pay t

w to read the t mentioned home the for time most recently met with mr. or mrs. fanny that the nasty dragon's and this one had called the home, which we use w books on the invoice waiting stream is progressing again. well, be covering late and burned in south africa. people with disabilities more likely to lose their jobs in the black lives matter process. shine a spotlight on racially motivated beliefs, same sex marriage is being legalized in more and more countries, discrimination, inequality, or part of everyday life. for many we asked why? because life diversity. make up your own mind. w. need for mines the me which drug help against coven 19? it's the top goal for medical researchers around the world. we have already developed several effective vaccines, but a cure has not yet been found. why is it so difficult so far doctors have tried.

why don't i start with fanny? why? why did you dismiss the lab league theory as, as credible me? i have always said that the high likelihood is that this is a natural occurrence. i didn't dismiss anything. i just said it's the high likelihood the world health organization that she sent a team to woo hoo right report. thanks. it was extremely unlikely that this virus came from a lab, but since then, the director general of the w h o has come out and said that the report was not extensive enough in ohio offices remain on the table. china, which is the west coast bogeyman, gets angry when anyone ever suggests this could have come from them. shows that the us does not care about facts or truth and has 0 interest in a serious science by study of origins. but then there are those dois of the chinese sciences going down to the north, the bug, the few weeks before this happened. but then those to come from the american intelligence, them to the continent, their minds. anyway, britain's former talks by m, i think, came out to play politics this week and he said, john is probably destroyed

international cooperation to get economies and health efforts back on track. shake to mean been hammered on fanny says that mutual investment is key to helping countries recover. she also says that richer countries have a duty to help nations are still struggling with the pandemic supply managed to smart coup 19 has shown how countries are interconnected, and it is proven that no one country can faces calamity by itself. the international community should work together collectively in order to solve this problem and help countries still with cove. it, it's not fair that human health should be controlled to market economy bought to hold out 0. jamal l sheil is at before him in some fetus book. he's with us now live jamal. what's this forum all about? this is russia the time to entice countries from around the world? and there are companies and ministries of investments to put their money in the russian economy. if the transfer rush ought to display the different projects it has in the fields of energy obviously, but also in terms of tourism, technology and other aspects as well on display your hav

important moments. incredibly rough on the del, also played a 19 year old italian in the 4th round. fanny beating janik center 7563, and 6. love the bell has now 135 consecutive fits at road and carols regularly in the open air. it's 41. how? by swedish human boom. i feel passionate about what i am doing. happy to be when i am, of course, i feel like it to be what i am do. and i want to give join. now give myself a chance to, to keep competing with. meanwhile, defending women's chevy niggers. fiance his safely into the quarter finals. she held off the challenge from 18 year old ukrainian martha cost you to take the match in straight, sets the number 80 just trying to become the 1st woman to retain the french open title. since you've seen hannah in 2007 if i was going to be much, much harder. but i feel ready right now in this year. you know, i just started working the same as i did last year. i had the same attitude and you know, i just wanted to go forward and do the same mistakes. as you know, many players have she and take will play maria secaria next to became the greek woman to reach

shadow banks that originate the auto loans and personal loans those that are doing that will and fannie and freddie right now have pretty good standards but these online are unregulated companies to work with hedge funds were other homelands and now we're in the same place. >> you say that. >> absolutely. >> that were they to regulate theio industry is so that after the dance recession are they as tight as? >> i think first of all the regulation for banks that are regulated are very strong right now theon banking industry is an excellent position. i read about the bubbles breaking. i think we could be headed for difficultus times but the regulated bank industry is in a good position right now. i'm more concerned about the shadow they once again that is twiceng the size of the regular fbank and they don't have much regulation. regulation. regula regulation. done regulation. watch , and cbs's and >> there . . . . and let's try again. >> what we love amazon and barnes & noble as i said please i urge you to make your book purchase tonight my friends >> forget what i said there forget what i

she was similar supported by then famous but, not so much now, white novelist, fanny hearst, who is onthe left side of the slide. who for a while shared the same literary agent with person. and by call van victim in the middle. one of the main cheerleaders of the harlem renaissance imparts some suspected because of his sexual interest in black men. both hearst and -- remain confidants and loyal supporters of hearst and throughout their lives. outside literary realm was anthropologist franz boas. pictured on the right. who from his position at columbia, again working with her stint when she was at bonnet, he directed her into fieldwork in new york, the u.s. south and the caribbean and urged our talented student to complete a ph.d. in anthropology at columbia. however, the free spirited hurst and chafed an academic regulation and never completed the degree. perhaps the most problematic of these folk was charlotte oz good mason, a wealthy white widow who, out of her investment in part sponsored a lane lock, langston hughes, the graphic artist miguel cobu venus and eventually her son herse

despite the mass process for l g b t writes in hungary, parliament passes a law 157 votes to one. fanny, what they call the promotion of homosexuality to children. the biggest expedition of old time has ended research as well for new clues about climate change. so what did they discover? and germany makes its debut at this year's european championships after a disastrous world cut in russia. loves men kick off that euro campaign against france tonight, but a chance for a do over ah, me. i feel good welcome to the program. we'll start with a breakthrough in trade relations between the european union and the united states, who today agreed to add the 17 year battle of aircraft subsidies. well, the biggest go up a dispute just as it on play, make an air bus in europe and america's boeing the side claim, and the other was receiving unfair government subsidies. the agreement averts the threats of billions and punitive terrorists. us president joe biden made the announcement together with a leader shout shell and from the line to biden is using his trip to europe at this week. to reset the u.

fannie and freddie both lost the most in today's trading since 2014. warren buffett resigned as a trustee of the bill and melinda gates foundation. buffett was one of three trustees of the foundation along with bill and melinda gates. the 90-year-old has contributed $33 billion of his own money to the charity over the past 15 years. global news 24 hours a day on air and on bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries. i am vonnie quinn. this is bloomberg. shery: one airline is set to emerge stronger than ever. later we break down how qantas has managed to outshine his peers. an associate capital executive has bet that tension between washington and beijing will be a boon for chinese tech. that interview just ahead. this is bloomberg. ♪ haidi: the u.s. is set to bar some solar products in china. over alleged human rights abuses. let's speak to emily wilkinson washington. what have you learned? emily: so, at this point, we know that the u.s. is planning on banning certain materials that deal with solar

ah, ah, when i was, for instance, the fashion photography do oh, portrays fanny from cologne as a princess in the bedroom. she has all to herself. even the time a lot of kids have to share their rooms with their siblings, but i'm an only child, so i had a space just for me over this past year. and i would it's a place of your own that you can withdraw to where you spend most of your time. of course i can see that. but where you have a lot of experiences for the very 1st time on. and when i think about that and reflect on everything that's happened there, and i think it is a pretty cool place. let's put that to be reminded a bit of your own use. of course. how was it back then? are things very different now? i don't think much has changed. i recognized myself in these rooms. although they were a bit higher and someone will be restored, little bought some time. and unlike in the past, these rooms are connected to the outside world via the internet. still, even children with the most privileged backgrounds are at risk of getting lost in the long lockdown. some of the slacks read all these hea

now how will the english learn about british snacks like raspberry blimeys; malt vinegar fanny prats; tangerine jammy nans: chocolate cobbly wobbles; lemon cheekies; jellied wonky dimples; slippery ginger knackers; sour boggy shambles; marzipan chumbley wumbles; and peppermint sticky chavvy knobs? there are those who will say that you're: too fat. too skinny. too hard. too soft. too old. too soft. too limited. and to them we say too bad. because at kaiser permanente, we believe that everyone deserves the right to thrive. at worksman cycles, we've been building bikes for a hundred years. but our customers' needs have changed, so we expanded our product line to include electric cycles. we used the unlimited 1.5 percent cash back from our chase ink business unlimited ® credit card to help purchase tools and materials to build new models. and each time we use our card, we earn cash back to help grow our business. it's more than cycling, it's finding innovative ways to move forward. chase for business ® . make more of what's yours ® . dry eye symptoms driving you crazy? inflammation might

now how will the english learn about british snacks like raspberry blimeys; malt vinegar fanny prats;s; lemon cheekies; jellied wonky dimples; slippery ginger knackers; sour boggy shambles; marzipan chumbley wumbles; and peppermint s ( laughter ) i assu madep some of those. ( laughter ) meanwhile, "the guardian" recently asked "is cara delevingne's vagina tunnel the start of something big?" i dunno. ( laughter ) but it's the start of me asking "what is cara delevingne's vagina tunnel?" turns out, delevingne just gave a tour of her l.a. home to "architectural digest" where she highlighted a unique feature. >> so, this is my vagina tunnel. shall i go through? i'm going to go through. oh, god. and then you're inside. do you want to come in, alfie? come on, baby. i come in here to think. i come in here to create. i feel inspired in the vagina tunnel. >> stephen: must be nice to have enough space for your own vagina tunnel. ( laughter ) ( piano riff ) caught a glimpse of the photo. ( laughter ) caught me by surprise. in new york, you're lucky if there's a shared vagina tunnel for the whole

fanny lu hammer kept a rifle in every corner of her house to protect yourself from the klan. so there is a long tradition of gun ownership for protection from the klan. that's really specific. the deacons of self-defense were a group of men that protected their communities and even shocked clansmen. there is a really good story in which there are black children at a park playing and the klan shows up to terrorize these children and the deacons of self-defense shoot a white man. and he ends up going to the hospital. the crazy part of the story is nothing happens to the black man. he is not arrested. but that doesn't happen. and what happens is almost immediately, the most terroristic acts enacted by the klan stock almost overnight. when they realize their life was just as much at risk, when they engage in violence, the violence stops. it's the same thing in my book. when slave catchers are pursuing fugitives and they get killed, this process becomes the deadliest catch in a lot of ways. these fugitives have nothing to lose so they kill slave older. >> you should read this. >>

king and andrew young and fannie lou hamer and john lewis would have just sat there and worried we would have never had the voting rights act signed into law by president johnson, who was compelled to do so by their struggle and sacrifice. we need something along those lines in 2021. so next sunday on the 20th of june, we are rallying at the texas capitol in austin to make sure that our representatives in washington, d.c., the president of the united states, hear us loud and clear at the epicenter of voting rights in this country, the state of texas. >> are they being urgent enough? straight question. do you believe the democrats in d.c. are taking this seriously or urgently enough? >> absolutely not. but i can't just worry about that or complain about that. i have to do my part to push them. that's why we're traveling the counties in texas, red and blue. this could not be more critical. if we fail this summer, we may not get democracy back. because, you're right, mehdi. these voter suppression bills will roll forward in a special session in texas. they'll happen in the other more than 4

who are later critical figures in the civil rights situation in mississippi, including the great fannie lou hamer, medgar evers, who was murdered a year later. james silver who wrote a classic book, " mississippi and the closed society." and we were even invited to dine with william faulkner in his home in oxford, mississippi six months before he died. we also met james meredith who was planning -- this was february, so he's planning in the following fall to go to ole miss. he would be the first black student at ole miss. before i left, i said, james, mr. meredith, whatever i called him -- i said, would you write me a letter about why you want to go to ole miss echo and he did. six month later, when he went to ole miss, my college newspaper had an exclusive james meredith explains why he is going to -- and i can tell you that if you dig very deeply into the archives, deep in the new york times, there is a tiny clip that says james meredith gave an exclusive to the brandeis justice. that is what that was. i wrote my first articles there because i was so struck. i was a -- what do they ki

he'll roll up like every other american in europe, fanny pack, selfie stick and a love for saying, "heyy have a mcdonald's." [ laughter ] yeah, it'll be biden's first foreign trip as president and let's hope it's just as satisfying as his first domestic trip. whoops >> steve: whoa >> jimmy: ooh. hey, oh! >> steve: whoa [ laughter ] like four trips in one on that one, right there yeah >> steve: oh >> jimmy: well, here's some good news. as of today, half of all adults in the u.s. are now fully vaccinated [ cheers and applause ♪ that's right, half of america is vaccinated, while the other half uses facebook [ laughter ] that's right, 50%. so basically, one johnson is vaccinated and the other johnson isn't. you know what i'm saying well, if people need yet another incentive for the vaccine, united airlines is offering its vaccinated customers the chance to win a year of free travel. that's right, united's first prize is a year of free travel, while the second prize is two years. [ laughter ] i'm good i'm good hey, i saw that mike and karen pence just bought a new house right outside of indi

grandfather, who helped raise me in texas, was born in galveston, texas in 1875, and my great-grandmother, fannylaved in around galvin state in one of the small towns, so this is really a major deal. we celebrated it all our lives. i moved to california in 1960, but i continue to celebrate juneteenth, and my family did. but this is really a remark a moment, but it's also a moment to recommit ourselves to finish the unfinished business of justice and racial equity and true freedom for african americans. >> for you, given the personal connection you just described, to the national commemoration of juneteenth, and your personal role, honestly, your legendary bravery on the issue of authorizing military force after the terrorist attacks of 9/11, to have these two things coming together at the same time in the house within 24 hours literally, this must be a pretty momentous time in your life. this must be like you sort of have risen to the peak. >> rachel, i tell you it's overwhelming in some respects, but it just reminds me of what we are in. i hope our young people understand that the fight for jus

you to know, i think this thing's got longer to go for a lot of reasons, along the same line why fannietraders are trying to figure out what's the trigger. and what we're hearing is right now a lot was priced into the stock is the expectation of a very good season of movies, blockbuster season, you know, people going back to the movies. that is already priced in. and once those numbers come out, liz -- at least this is the theory, i'm not saying i agree with it, but if you're trading this thing, it might be something to look at -- the stock will deflate somewhat because then people will not focus on that part of the fundamentals, but the bottom line which is prolonged losses, stock being diluted massively because the company wants to sell more shares because it has so much debt on its books, and that's what people are saying. i don't necessarily agree with this. i think this thing has got more to go. but that's what traders are talking about. so if you're trading the stock, you know, just something to be -- and, obviously, people are trading it. [laughter] there wouldn'tif a movement if

who are later critical figures in the civil rights situation in mississippi, including the great fannie lou hamer, medgar evers, who was murdered a year later. james silver who wrote a classic book, " mississippi and the closed society." and we were even invited to dine with william faulkner in his home in oxford, mississippi six months before he died. we also met james meredith who was planning -- this was february, so he's planning in the following fall to go to ole miss. he would be the first black student at ole miss. before i left, i said, james, mr. meredith, whatever i called him -- i said, would you write me a letter about why you want to go to ole miss echo and he did. six month later, when he went to ole miss, my college newspaper had an exclusive james meredith explains why he is going to -- and i can tell you that if you dig very deeply into the archives, deep in the new york times, there is a tiny clip that says james meredith gave an exclusive to the brandeis justice. that is what that was. i wrote my first articles there because i was so struck. i was a -- what do they ki