. >> martha: the battle between bloomberg and trump campaign as trump bands "bloomberg news" from thent exclusively to a senior advisor of the bloomberg campaign coming up next. ♪ liberty. liberty. liberty. liberty. ♪ my body is truly powerful. i have the power to lower my blood sugar and a1c. because i can still make my own insulin. and trulicity activates my body to release it like it's supposed to. trulicity is for people with type 2 diabetes. it's not insulin. i take it once a week. it starts acting in my body from the first dose. trulicity isn't for people with type 1 diabetes or diabetic ketoacidosis. don't take trulicity if you're allergic to it, you or your family have medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2. stop trulicity and call your doctor right away if you have an allergic reaction, a lump or swelling in your neck, or severe stomach pain. serious side effects may include pancreatitis. taking trulicity with a sulfonylurea or insulin increases low blood sugar risk. side effects include nausea, diarrhea, vomiting, belly pain, and decre

donald trump's banned journalists from bloomberg news now from his election campaign events after the media company announced it won't be investigating any democratic candidates including its owner michael bloomberg the decision by bloomberg news to formalize preferential reporting policies is troubling and wrong since they have declared their bias openly the trump campaign will no longer credential representatives of bloomberg news for rallies or other campaign events welcome to berg is a u.s. multi-billionaire the founder of financial media company bloomberg lp he also served as mayor of new york city for 11 years until 2013 then he entered the presidential race last month and is one of 15 democratic candidates for nomination now bloomberg news says it won't be investigating their own or further they say the very same rule goes for michael bloomberg democratic party rivals too because they say the move be unfair however there's a time for donald trump they say investigations into him will proceed undeterred if we go then the u.s. president's call that the move is biased political an

sure this won't be the last that we're going to hair on this or that might well be the last from bloomberg news meanwhile the editor micklethwaite has got some big holes to fill 2 of his senior editors have bolted temporarily they say to work on bloomberg campaign ok thanks love. now here is an offer that many governments just cannot refuse would you like to hack into the phones of journalists gather up every bit of data and trace every call message and keystroke then you're in luck there are some malware malicious software for that this story starts with an israeli company called the n.s.o. group it says it's in the business of cyber intelligence for global security and stability the company's primary product is known as pegasus it's a program so sophisticated that it can embed into your mobile phone through just one phone call even if you don't take that call the governments that use pegasus from saudi arabia to mexico to india all say they're out to stop security threats but it's also used against civil society including human rights activists and in october whatsapp sent the n.s.o. group a

this comes at a time when with bloomberg as a news organization is between a rock and a hard place coveringe is this all going you think? >> this was, this was a low-hanging fruit for the trump campaign to do this, to bloomberg. bloomberg put his news organization in a very difficult spot and folks going over to the campaign, it is a bad look for them to say, we'll not investigate our candidate, our boss, our owner and we're not going to investigate any democrats but we'll keep investigating trump. that is not, that plays into the whole narrative there is bias in the media. that is one of donald trump's staples since he was a candidate. quite frankly it has grown even stronger since he has been in office. he will use it in 2020. this plays into it. bloomberg can say what they want, the trump campaign, this was an easy call for them to make. we'll watch it closely, tom bevin, good catching up with you, my friend. be well. >> you too. neil: very high alert in london following bridge copycats. coming up a former navy seal rob o'neill on this, and fears especially during the holiday season bad

bloomberg news takes handsoff approach to the boss and why that decision is ♪ ♪ ♪ howie: bloomberg newsg absolutely so and handcuffed staff in covering mike allege bloomberg's bid. now, bloomberg news has had a relative hands-off attitude toward founder including 12 years of new york's mayor, when mike bloomberg flirted with running for president in 2016 kathy kylie resigned as political editor, sheer is -- here is what she told me. >> when you're running a political operation that we were, you should follow every story aggressively and i felt that we weren't able to follow this story aggressively and that i thought compromised us as an organization, i certainly felt it compromised me as an editor. howie: editor-in-chief has told staff we will continue our tradition of not investigating mike and his family and foundation, that prohibition extends to bloomberg's rifles because we not treat competitors differently but the continue will -- will continue to investigate president trump, if another outlet runs piece, bloomberg will summarize it. two more, top editors at bloomberg opinion will

the decision by bloomberg news to formalize preferential reporting policies is troubling and wrong since they have declared their bias openly the trump campaign will no longer credential representatives of bloomberg news for rallies or other campaign events michael bloomberg is a us multi-billionaire on the founder of financial media company bloomberg lp is also served as mayor of new york for 11 years until 2013 he entered the presidential race last month and is one of 15 democratic candidates of a nomination that bloomberg news says it won't be investigating their own and the same rule goes for michael bloomberg democratic party rivals too because it said the move would be unfair and other investigations into president trump though they say will proceed undeterred now the u.s. president's no call that the move is biased political and social commentator brian logan believes the trump ban on bloomberg journalists was justified. they put out a statement saying they were going to be biased and the upcoming election coverage so they put themselves into weird situation so that your own campa

>> i am mark crumpton with bloomberg's first word news. ite house has started to map out its plan for defending president trump in an impeachment trial. bloomberg has learned that differences between the president and senate majority leader mitch mcconnell over the proceedings have so far cut the strategy short. one key decision has been made. the top white house lawyer will represent the president in the senate trial. the house is expected to vote on articles of impeachment next week and the senate plans to kick off a trial in january. the head of the european commission says the one-year timeframe for striking a post-brexit trade deal with britain is challenging, but once the relationship to be as close as possible. she spoke to reporters in brussels. she also congratulated british prime minister boris johnson for his party's victory in yesterday's election. johnson campaigned on a promise to get brexit done. >> we expect the ratification of the withdrawal agreement by january. we are ready to move to the next phase in our relationship. w

investigative reporting on bloomberg by bloomberg news nor will they be doing investigative journalism on other democratic candidates the trump white house is not impressed it's rescinded the press credentials of bloomberg reporters so they can't cover the president either the trunk campaign called bloomberg editorial policy troubling and wrong and it's hard to argue that the other democratic contender is just as deserving of scrutiny as president trump and one of the democratic hopefuls elizabeth warren went on bloomberg news to talk about the billionaire running for public office and for me what's broken in america is we've got a country that is working great for those at the top and economy that's working great for those at the top and a democracy that is working great for those at the top each just not working for much of anyone else and that's why i'm so concerned about michael bloomberg jumping into this race dropping 30. $7000000.00 in one week on advice i don't believe that elections ought to be for sale with one already in the ov

bloomberg news pushed back saying that the organization has treated trump fairly and in an unbiased wayargeting not oe only france at today's key nato meeting but also south america. we're back in a moment. n a momet in one week... a lot will happen in your life. wrinkles just won't. neutrogena® rapid wrinkle repair's derm-proven retinol works so fast, it takes only one week to reveal younger looking skin. making wrinkles look so last week. rapid wrinkle repair® pair with retinol oil for 2x the wrinkle fighting power. neutrogena® >>> welcome back. ahead of his meeting with nato allies president trump has expanded the trade war by including france, brazil and argentina. good morning. talk to us about the potential of tariffs here. >> well, we've got an escalation in trade on multiple fronts coming together over the last 48 hours or so. so yesterday president trump surprised markets first and foremost with this announcement that he will reimpose tariffs on steel and aluminum from brazil and argentina. you'll remember that these were originally announced around national security grounds an

level of bias it will not accept, bloomberg news said theycovered plum president trump fairly since high of a he was a candidate in 2015, is this justifies. >> a question for a question, what if a bloomberg reporter gets dirt on a democratic candidate, what does that report dor now? hand it over to "new york times" or bury it in the desk? their is known as selective journalism, i thought it was supposed to be for all without bias, go straight at it, if something comes up you report it, this is amazing. i don't know if the response is right response but i get the response because this is pure and utter bias, and surprising from bloomberg. >> this is censorship, bloomberg news is private, they can cover whatever they want but president shutting down their speech, down ability to cover his campaign. and shy is the president -- he is the president, this is a terrible. president's is to protect speech. >> it not a precedent he is tells obama banned areas people from his campaign, and hillary clinton did the same thing, i know this what aboutism, b

new yorkers know who mike bloomberg is.ntroduce him to the rest of the country or is it a waste of money? >> they will introduce him, but will it backfire? i covered politics for a long time before i started teaching journalism. the campaign trails are littered with the carcasses of billionaires who tried to leverage themselves into national prominence. donald trump did not win because of the money he put into the race which was a small amount of money that was actually spent by his campaign. he won because he had a message and a certain kind of charisma that appealed to people. i think money helps at the margins, but it doesn't win races. ask steve forbes. he tried to run for president and lost. ask michael huffington who once tried to beat dianne feinstein. i think sometimes voters feel resentful when they think someone is trying to buy their vote. >> thank you for joining me. >> thank you for having me. >>> up next, the phase of the impeachment hearings. will any of the hearings make an impact on public opinion? a social

because part of "bloomberg news" is bloomberg. readers or the subscribers online, it's for them to determine. however i don't agree with what the white house has done and the reason is if we have a democratic line president, should they all say -- i should name names. >> they don't have a stated policy. the problem here -- and kennedy i know we have to move on, but the problem here is they have stated policy that they are going to not investigate democrats. >> what think about the viewers there still 17 democrats running for president so they are going to withhold from the people who are still undecided? >> they look to your organization for what they consider to be objectivity. and you are taking that choice away from them. and it hurts bloomberg. joe biden is looking to boost his sagging gold numbers, and the nation's first caucus launching his "no malarkey bus tour over the weekend" planning to hit 18 counties in 18 days. and, i talked to every great grandparent in the world and they are super fired up about no malarkey so cong

and, bloomberg technology's livestreaming on twitter. check us out @technology. follow our global newswork at quicktake. this is bloomberg. ♪ 2019 an easy year -- between 19 has not been an easy year for social media platforms. very people who built their careers on these platforms. to discuss, we are joined by john shahidi. we just had people talking about a lot of the issues faced by content moderation. i am curious if all of this criticism has affected your relationship with the youtube and instagrams of the world. necessarily not affected the relationship. the content and platform world, you always have to adapt to new policies, algorithm changes. it is just another thing we have to adapt to. with a know you work whole range of different platforms. when you are selling to a brand or partner come how do they view youtube versus instagram or tiktok, all of these platforms? are there certain ones that they are more or less comfortable with? john: the brands we have been working with are most interested in you two. we have worked with -- in youtube. we have worked with google to create

rayk you bloomberg's riley griffin breaking down the news. oomberg. ♪ ahead.w to asia hong kong seeing it is protests in months has hundreds of thousands of testers took to the streets yesterday. 800,000rs sing about people -- say about 800,000 people turned out. shery ahn. in berg's --t does this latest proto protest say about the claim that down? calmed thousands ofds of people came out, depending on where you are looking at it, it is still hundreds of thousands of people recently numbers have increased is because for the first time as august -- first time since august, this part of tape -- this pro-democracy group was able to receive police approval which meant young children, parents, seniors into the streets. mostly peaceful but at the end we did see some clashes between police and protesters. romaine: is this the kind of thing that will sway carrie lam and others in charge? shery: that is what the protesters are open but we have not seen despite the fact that we saw that landslide victory in the elections. carrie lam still refusing to gi

[inaudible conversations] >> with me is erik wasson for bloomberg news, speaker pelosi said the house will be taken up legislation for lower prescription drug prices and has been marked up by three house committees, how does the bill reduce drug cost and warehouse democratic leaders one of the top ten priorities for the congress. >> this is a signature part for the people agenda and something that president trump campaigned on with coming to the meeting of mine and throughout most of this year they were negotiating on this bill and the end of the day they had to, against it and democrats were forcing a bipartisan vote. the 250 most expensive drugs and also pressure drug companies to apply the new lower prices to private insurance to a series of taxes. and unfairly limits competition could reduce up to 100 drugs that were produced by pharmaceutical companies and they are not going anywhere in the near-term and chuck grassley the finance chairman have come up with alternative bill to rebate and force manufacturers to rebate the government for price increases in the hay of more of a chan

mark: i am mark crumpton with bloomberg's first word news.se of representatives today released an impeachment report, outlining evidence of what it calls president trump's wrongdoing toward ukraine, which will serve as the foundation over debate about whether mr. trump should be removed from office. the report from democrats make the case that the president misused the power of his office and, in the course of the investigation, stonewalled the proceedings. intelligence committee chair adam schiff spoke to reporters. decide, givene to that the evidence of this misconduct is so clear and uncontested, are we prepared to just get over it comes to say that, henceforth, we must expect from this president and those who follow that there will be a certain amount of corruption in which the national security of the country will be compromised, in which the oath of office will mean that much less, in which the belief of the rule of law in the united states will be that much left -- that much less. is that what we are simply to get over or get use to? s

this comes after bloomberg news said it would not investigate mike bloomberg or his rivals. trump campaign manager brad pascal released a statement that read in part, quote, since they have declared their bias openly, the trump campaign will no longer credential representatives of bloomberg news for rallies or other campaign event. we will determine whether to engage with individual reporters or answer inquiries from bloomberg news on a case by case basis. the editor and chief at bloomberg responded with a statement that reads, quote, the accusation of bias couldn't be further from the truth. we've covered donald trump fairly in an unbiased way since he became a candidate in 2015 and will continue to do so despite the restrictions imposed by the trump campaign. back with us for our conversation, a.b. stoddard. bloomberg is in fifth nationally even though we don't have a national election. but with one weekend relegating harris, yang, not to mention booker, klobuchar, gabbard, steyer, and on and on behind him in the stack, talk about the effect of bloomberg in this race as yo

this is bloomberg. ♪ guy: from london, i'm guy johnson. vonnie: from new york, i'm vonnie quinn. european close" on bloomberg markets. let's check first word news with ritika gupta. ritika: nancy pelosi says the house oil pass articles of impeachment against president trump. she says that vendor achieve abused power for his own personal benefits. >> i am asking our chairman to proceed with articles of impeachment. i commend our committee chairs and our members for their somber approach to actions which the president -- which i wish the president had not made necessary. ritika: on twitter, president trump was defined. he said the democrats had no case and challenge them to move quickly so the nation could move on. the treasury department is sanctioning russian hackers for stealing more than one hundred million dollars from financial institutions around the world. saudi arabia has offered fellow members of opec plus a deal. cheating on quit their production quotas, the sallies will curb their own oil outlook. -- the saudi's will curb their own oil outlook. it is not clear if the sa

it's time for bloomberg news flash.erhrysler and peugeot are set to form the world's fourth biggest carmaker. bloomberg has learned that two companies plan to sign a formal agreement next week. the accusation has been called meritless. elliott says pg&e's jeopardizesg plan -- it's one of pg&e's biggest creditors. it the firm asked gavin newsom to help kill the plan. tos up to him whether or not approve the proposal to pay out money to for wildfire victims. americans are poised to fall behind on their credit card bills for the highest rate in decades. according to the credit rating company transunion, the share of credit card users who are at least 90 days past due will probably rise to just over 2% next year. that is your business flash update. u.s. regulators are digging into a topic that has been bugging wall street and washington after a vanity fair article suggested investors make billions of dollars trading ahead of market moving news. i guess is you with the details. obviously, that raised eyebrows. you say the re

. >> bloomberg news investing 2020 candidates, that didn't stop them from posting a so-called hit pieceo front runners, backlash making headlines of its own when we return. as a home instead caregiver, for everything that i give, i get so much in return. join our family of home instead caregivers and help make a world of difference. home instead senior care. apply today. rob: house democrats into get impeaching the president again over testimony of white house counsel don began. jillian: are you still in search of a crime? here is jenna ellis, good to see you again as always. >> happy christmas to you. jillian: legally can this be done? >> legally this is entirely a charade that is a malicious prosecution for the democrats because impeachment still has to have a legal and constitutional basis. what democrats are doing is continuing on this fishing expedition with foregone conclusion of impeachment in search of a crime. it is a malicious prosecution and the two articles that are already voted on by the democrats have no crimes or legal or constitutional basis. to say we are going to cont

this is bloomberg. ♪ bloomberg new york. >> welcome to bloomberg markets. >> we have top stories followinground the world. >> as martin mentioned the u.s. house is in the middle of a debate. it will result in donald trump becoming the third president in history to be impeached. does trade progress mean for latin america? we will have an exclusive inter vivos with the bise minister of trade. fedexcup the forecast as e-commerce's wheezes -- squeezes markets. let's get a check on the markets. quiet could be a word to describe them. trading near global high. we should not on the impeachment date the s&p 500 is close to flat. x as a realg fed drag on this one. down 10% with the breathtakingly bad quarter. we are seeing attack showing leadership. -- tech showing leadership. i want to zero in on one canadian stock. it may have been the newsmaker of the year. one of these candles that dogged our prime minister at the time. our newly elected prime minister, s&p settled for fraud charges. it will pay $200 million over three years. the stock opened up 30%. still some fine print on the agreement to be

bloomberg. kevin? kevin: thank you, mark. happy holidays. a new twist in the impeachment saga as the senate waits for speaker pelosi to deliver the articles. we will debated with our all-star political panel. ons is "balance of power" bloomberg tv and radio. ♪ carol: this is "balance of power " on bloomberg television and radio. i am carol massar in new york. kevin: i'm kevin cirilli in washington, d.c.. here with us in washington is republican strategist eric wilson and from san francisco, democratic activist we can mitchell. i will start with you. these developments with regards to the email with ukraine 90 minutes after the phone call between president trump and president zelensky, will that change the dynamics? debate over whether the articles will go over, who has to send them, it is distinction without a difference because nancy pelosi already made her democrats walk the plank and vote for impeachment, especially those democrats in those districts president trump once. i that we have the same question. i am curious about what kevin just aske

mark: i'm mark crumpton with bloomberg's first word news. in southern australia, temperatures soaring to a blistering 108 degrees today. farther east, firefighters continue to battle brushfires. they are trying to gain more ground on the blazes before a heat wave hits that area, too. about 70 fires are burning across australia. nearly half of them are not contained. dozens of homes have been destroyed. about a dozen people injured after a nitrogen tank exploded at a beechcraft manufacturing facility out of wichita, kansas. the blast caused part of the building to collapse. because of the explosion is under investigation. rescuers resumed the search today for a tour helicopter carrying seven people that disappeared during a trip to one of the most rugged and remote coastlines of hawaii. a coast guard statement said that the helicopter company contacted the guard about 45 minutes after the aircraft was 'se back from a tour of hawaii nepali coast. the coast guard added the chopper was carrying a pilot and six passengers, two of whom were believ

the situation really begs the question, is what "bloomberg news" is doing different from mainstream news have been doing for the past couple years where they hardly investigate democrats and then they really double down on their investigations of president trump. now at least bloomberg is transparent about doing this. they say they are doing it because they don't want to investigate michael bloomberg of course. but, you know, this is not, this is not any sort of fair media coverage. when you're covering a republican president, republican candidate and none of his democrat rivals. liz: what is really interesting too, 2020 democrats on the campaign trail are not being asked about impeachment, not an issue voters care about. here is what abc news rick klein had to say about that. watch. >> they're not getting asked on the trail in iowa, new hampshire, south carolina, nevada, they're not getting asked about impeachment. they don't want to talk about it because they don't have much to add. it isn't an issue for them. there is not a good way for any of these campaigns to break through in this

you, oure, thank bloomberg news editor joining us from washington, d.c. have an alert on the bloomberg, we are hearing from the "financial times" on the latest performance numbers of norway. they apparently shipped 200 million smartphones in 2019, ago.s 206 million a year 2019 revenue increased 18% year on year to $122 billion. remember, this is coming at a time when the u.s. is pressuring huawei. have already blacklisted huawei. not to mention that in the united states, there have been several moves to curtail huawei 's sales in the u.s.. for example, government funds have been banned from being used to purchase equipment from huawei. the u.s. government has also tried to convince its allies to stop buying huawei equipment. still, the "financial times" reporting that while he has shipped 200 million smartphones this year and revenue has grown 18% year on year to $122 billion. let's take a deeper look at the u.s. markets. stocks fell in light trading on this penultimate day of a blockbuster year for markets. joining us now is bloomberg markets live report

if you like bloomberg news, check us out on the radio, the bloomberg app, bloomberg.com, and in the u.s on sirius xm. this is bloomberg. ♪ ♪ is the gig economy versus the state of california. huber and postmates are suing california to block a new gig worker law. the laws designed to make sure workers such as uber drivers receive employment protection. huber says that the law unfairly targets companies like there is and will unfairly target worker flexibility. joining us now to discuss this and much more is mk and partners senior analyst for internet -- mkn partners senior analyst. how do you see that fight playing out? >> first and foremost, we need to frame this in a way, how uber and all the gig economy people are viewing this. they feel that a lot of people have been exempted. a lot of freelance workers have been exempted. they have always been -- drivers have not been exempted. they have always been with this notion that we do not qualify for this ab-5 identification. when they sued california, that was a surprise. been,, the rhetoric has january 1, they will not be a lot of enforc

for bloomberg first word news, we go to viviana hurtado.na: we begin with this new year's eve address. defendingxi jinping china system of running hong kong. it was an unusually high acknowledgment of the city's political turmoil. he argues the success of thehboring macau shows system can succeed. in kashmir, text messages services will be restored after a five-month-long communication lockdown. officials are concerned they will organize protests. also to be restored our broadband terrorist in government run hospitals. strikes are winding down. also today, french president emmanuel macron's traditional new year's speech. in south korea, the country's leadership is questioning a case involving the countries former justice minister. he faces bribery and obstruction of justice. a spokesperson for the south korean president says ahead of elections, the scandal is damaging the ruling party. global news 24 hours a day, on-air, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. i'm viviana hurt

this is bloomberg. ♪ ♪ live from new york, i'm vonnie quinn. this is "bloomberg markets."r futures in focus. 20 me as phil streible from rjo futures -- joining me is phil streible from rjo futures. this initial exuberance going to wear off? phil: it is a great day to be a commodities broker in the agricultural markets. it looks like china will buy $40 billion to $50 billion. if you look back to 2017, they only purchased $24 billion, so a lot of demand out there. there is a 90 day enforcement provision, so if china does start to deviate, this whole trade deal could fall apart. you've got to be a little bit cautious, maybe ride some put options out there to predict your positions. , andu look at soybeans also for corn, managed funds are still short about 1400 contracts a piece, so a lot of managed funds are going to start lifting those shorts to cover the shorts. that's where the moment i'm keeps going up. one last thing on pork purchases, this is a big deal. with the swine wiping out a lot of china's population, pork prices over there are up about 150% on the year. they are

president trump blasting michael bloomberg and firing back at "the new york times" after the executivethe paper condemned the trump campaign's decision to ban "bloomberg news" reporters from rallies and events saying it restricts fair coverage of the president. president trump, and to go after president trump, and hatred and bias is so great they can't even see straight. it's not okay. pete, is it okay? >> pete: i agree with the president. a big surprise. and here's why. it's because if if "bloomberg news," if your foundry is running for president you will do no investigative reporter, and they have rallies with your supporters to smear you because that's your only goal and will be your only goal. everyone understands, and we still keep doing that anyway. >> unfortunately keep some things away from the bad decision in terms of the blue ridge editorial board. your decision is not to cover any of democrats for mike bloomberg. b3 that is the most relevant part of this. that is the absolute worst decision. the solution is for bloomberg -- they have some of the most talented generals who ca

this is bloomberg. ♪ francine: this is "bloomberg and francine" tom from london and new york. word news in new york city with viviana hurtado. viviana: we began with washington. it has done little to change perception about president donald trump and appeasement. a new fox news poll says half those surveyed says president trump should be impeached and removed from office. 46% favor impeachment here this week, the house is set to vote on impeachment. the u.s. is urging north korea's kim jong-un to drop his tone and return to nuclear talks. north korea is being warned not to engage in provocations. this during what an american diplomat calls the christmas holiday. it conducted the second test, it boosted its nuclear capabilities. a vote of confidence for beijing for hong kong's and battled leader. china's president xi jinping telling carrie lam beijing will continue to support her. this as she deals with months of protests. he says the government recognizes the "courage and responsibilities" she is demonstrating. violent protests over the new religion-based citizenship law. undoc

we will determine whether to engage with individual reporters or answer inquiries from "bloomberg news a case-by-case basis. and then the bloomberg team, editor in chief said this. the accusation of bias couldn't be further from the truth. we have treated him fairly since he became a candidate, and will continue to do so despite the restrictions imposed by the campaign. what you think about them deciding they're not even going to bother, why should they be allowed in? >> not going to investigate any other democrat, i am not usually a fan of them yanking journalistic credentials but i don't blame them one bit. and this a huge self-inflicted wound by "bloomberg news" and is continuing to bleed. doesn't seem even remotely fair seems to me that there is an stain on the reputation of the good journalists who work for "bloomberg news" because of this policy and that is probably going to last far beyond, what is he afraid of? >> dana: they haven't done in the past and this is been there consequences. howie kurtz, thank you. the first big gun rights case in nearly a decade going before the sup

bloomberg technology." check us out on technology and follow our global breaking news at think tank on twitter. tick tock and in is bloomberg. ♪ >> good morning. i am paul allen in sydney, where markets are just opened. >> good evening from bloomberg's global headquarters in new york. i am shery on. >> and i am sophie kamaruddin in hong kong. will come today rick eri -- daybreak: asia. ♪ paula: in our top stories this new year's eve, it is a done deal. white house street advisor peter navarro says phase one of the u.s.-china trade agreement will be signed in january. china's official pmi numbers out later, as president xi prepares

from bloomberg world headquarters in new york, i'm shery ahn. live in toronto, i'm amanda lang. we are now joined by our bloomberg and bnn bloomberg audiences. here are the stories that we are following from around the world. america's factory heartbeat remains feint as ism numbers contract for a fourth month. preparing for the next downturn. brookfield asset management's ceo bruce flatt says that he is alert not yet alarmed. impact investing is looking at private markets. the latest from the global responsible investing for him underway in new york. shery: let's get started with a quick check on how markets are trading in the afternoon. withs near session lows the data not at a one-week low, ball the most in two months. pretty negative sentiment coming presidentort that the may be imposing tariffs on china if they cannot agree on a trade deal by the december 15 deadline. not to mention the president is also reinstating steel and president may bealuminum tariffs on argena and brazil. that risk off sentiment being played across the stock market.

on,with me is erik wassa congressional reporter for bloomberg news. speaker pelosi said the house will take up legislation to lower prescription drug prices.

announcement that it will not be credentialing, giving credentials rather to reporters from "bloomberg newsn events. they are citing the new "bloomberg news" policy of not investigating michael bloomberg, now a candidate in the democratic primary and other democratic candidates while the democratic primary is going on. "bloomberg news" shot back, with a statement saying, that they are not being biased to the president. charles? charles: some would say turn about is fair play. blake, thank you very much, my friend. for more on this i want to bring in heritage foundation senior advisor genevieve wood. great to have you here in studio. >> great to be here. charles: nato, president trump critical of the organization but he did release a tweet today, in the three decades before my election nato spending declined by 2/3 and only three nato members were meeting their financial obligation. since i took office, the number of nato allies fulfilling their obligations nearly doubled. spending increasing $330 billion. i think that was needed, another kick in the pants. >> absolutely. this is the first p

bloomberg surveillance continues in the next hour. i will be joined by tom out of new york. markets are performing, the euro is on the front flip. year yields are on the 191 handle. this is bloomberg. ♪ y95óóo ♪ era, the pboc tells banks to adopt a fighting regime for 2020. , president trump faces criticism for tweeting the name of the alleged whistleblower whose complaints led to his impeachment. 2019 is drawing to a close. the year's best performers and a look ahead to 2020. this is bloomberg surveillance. bloomberg news with karina mitchell. >> the u.s. has launched airstrikes on basins in iraq and syria. mark esper called the attacks successful. he did not announce further action. there have been rocket attacks aimed at iraqi installations where u.s. troops are based. vladimir putin called president trump to thank him for intelligence that helped him prevent terrorist attacks in russia. the leaders discussed further cooperation to fight terrorism and other matters. china is taking a step to liberalize its financial system. lenders have been told to quit using the old benc

new year's eve. let's get to the bloomberg first word news.ny iranian backed militia have attacked the u.s. embassy, breaking in after smashing the main door. there are reports of gunfire. embassy staff and the ambassador have been evacuated. u.s. airstrikes killed errani and militia fighters earlier this week. china, the economy is ending the year on a bright note. the outlook for export oriented firms brightened and production recovered. more u.s. sanctions on iran are likely. the u.s. will continue a campaign of maximum economic pressure. brian hope says u.s. actions have caused the collapse of oil export. wildfirelia, the problems have gotten worse. at least 12 have died and thousands of stranded tourists are seeking refuge on beaches. fire services are mostly manned by volunteers. 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 karina mitchell. this is bloomberg. matt: thanks very much. let's get to our top story of the day. theas the arrest

mark: i'm mark crumpton with bloomberg's first word news. erg reports kamala harris has suspended her presidential campaign after months of declining poll numbers and as she struggled to define her candidacy. in an email to supporters she wrote "i can't tell you i have a path forward if i don't believe i do." the first term senator from california pledged in her campaign to prosecute the case against president trump with slogans of truth and justice. both the police officer and an arm to student were wounded in a shooting at a wisconsin high school today. it is a second school shooting in the state in as many days. the two were transported to nearby hospitals. no one else at oshkosh west high school was injured. today's shooting happened 80 miles north of yesterday's incident. the u.n. envoy for iraq says it's political leaders must rise to the moment to build a stable, inclusive and props -- and prosperous nation after the unrest that has ripped the country. janine hannes told the un security council today at iraq's troubles cannot be resolv