our interview with the founder of bridgewater associates in a few minutes.t's get a quick check on markets because you're seeing risk off sentiment. the sentiment in the last couple of days getting pared back. futures are unchanged but when you look at the defensive bid in the u.s. assets you're not seeing that man best. nasdaq is the underperformer. let's go across asset and talk about the theme we are seeing. the bond market is catching a bid. rba halting their bids. jgb's are flowing into u.s. treasuries. that will create dollar weakness but your senior turnaround. euro-dollar and cable were higher 30 minutes ago. 126 on the cable rate and brent crude is joining the 77 handle. back to the climate story john kerry is with john at the bloomberg green festival. let's listen to what he had to say. >> we had announced $3 billion for the green climate fund. we are judged by the oecd. where is the hundred billion? you promised 100 billion? we've done it and we did it last year. 2022 is judged to have had it in this year president biden put a $12 billion adaptati

. >> that is john from bridgewater, new jersey. the tribute from henry kissinger continuing in today's paper. we showed you a couple yesterday on this program. this is from the wall street journal. henry kissinger on power and morality. he writes for kissinger, the construction pending a repair of a sustainable balance in global affairs was the supreme moral and political challenge especially as nuclear weapons threaten to make great power of war on survivable. it is a restoration of balance required in power at the height of his career, so be it. if it requires more bombs in north vietnam, then send in the b-52s. any guilt or shame attacked belongs in his view, to those whose follies had left the united states with nothing but bad choices. once america's position in the world has been restored, americans turned in revulsion from the methods and the man responsible for turning the tide. jimmy carter wanted american- born policies on rights. ronald reagan wanted to replace kissinger detente with a more robustly anti-soviet approach.

host: that is john in bridgewater, new jersey. tributes to henry kissinger continuing in today's papers. we showed you a couple yesterday. this is walter russell mead in washington journal. henry kissinger on power and morality as the headline. "for kissinger, the construction, attending and repair of a balance in global affairs was the supreme moral and clinical challenge of statecraft, especially as nuclear weapons made war on survivable -- unsurvivable. it required more bombs in north vietnam and cambodia, send in the b-52s. any guilt or shame attached to such moves belongs to those whose follies left the u.s. with nothing but bad choices. kissinger was a victim of his own success. once america's position had been restored americans turned in revulsion from the methods and men responsible for turning the tide. jimmy carter wanted to focus on human rights. conservatives like reagan wanted to replace kissingerian detente with anti-soviet approaches. neither cap understood the ability to pursue ideological goals was the consequenc

this is the end of year press conference in moscow to tell them, well that russia will persist bridgewater in ukraine. us national security advisor check.

they keep changing every that actually, that was of gone, his bond, whether it was uh, the bridgewater, whether it is a case of these are in homeless ward, my offenses tech, or she is looking at more people that work order for the customer. and instead of the word word, all of it, the ones who put a pod and get the other, the bullying, and i think that has to change and that is the need of the are so apparently i would like to believe that the origin president was in to get to board them where people involved order, which india also fees that that is to be there to go forward. and that perhaps is it has to happen. so we don't see the box. uh, there will be somebody who is a little more thoughtful athletic at the moment uh, conditions at the time. but then the question is, uh that, uh, word it has to move and is moving towards, uh, the more people are the daughter. and i will that i would like to believe that this is what the president means when he's talking about there. and during the q and a session, the will go to go. and so it puts in a i the whole gang a for the 1st time. there's

did, we sure would have been so this year have confirmed that the waste continues to waste to hi bridgewater, against the russian. the activity of the nathan military block as a whole, as sharply increased in finland has already been thrown into nato. and sweden is planning to join us the the base is effectively from the next stage in the blocks encroachment on our borders. i was once told that this is not the military block, but rather a political organization. but no one has ever canceled article 5 and the aggressive nature of the books policies is not. the width is not abandoning its strategy of containing russia through its aggressive goals. in ukraine, we have our own goals. we are not going to shy away from the special military operation. vladimir put and spent a lot of time going over just how the special military operation has been going this year. he said that russian troops are successfully accomplished their objectives and according to schedule. and they also thank the leadership of the defense ministry for leading its troops to those successes in the special military operation. t

peter: mark in bridgewater , massachusetts. caller: good evening to you and good evening to your esteemed guest. professor bell, you must agree with me that payne was probably one of the most provocative writers that ever existed ever in all of history. he just -- he must have had access to certain information from some of the people that he had connected with in england back in the day, when he came up with statements like king george was receiving 800,000 pound s sterling annually and that he and the ministry were giving large tracts of land away to their cronies in the colonies. even before 1776. my wife and i visited bar harbor this summer and i realized that one of those prizes went to governor hutchinson, who is the massachusetts governor back in the 60's, and that he had been awarded the entire peninsula of mount desert i'll, which comprises bar harbor also. could you possibly make a comment about where payne was gaining access to some of this information? thank you very much. peter: that was mark. prof. bell: thank you,

i'm captain larry bridgewater and i decide what happens on this train. oh, you decide? oh.that's my man, jeff. larry just made a decision. larry need to take his ass in there. yeah. [growls] don't make me do this, jeff! jay: eighty-first street. just a second. may i have your attention, please? the city of new york would like to thank you for participating in our drill. had this been an emergency, you'd have been eaten. because you don't listen. you're ignorant. how a man gonna come bashing through--? that's the problem with new yorkers. "we've seen it all. [in high pitch] a 600-foot worm! save us, mr. black man!" i ask you nice, "move to the next car." you just sit there-- thank you for participating in our drill. hopefully, you enjoyed our new smaller, more energy-efficient subway cars. watch your step. you all have a nice evening. i need a cleanup crew at 81st and central park west. revoke jeff's movement privileges immediately. have him escorted to the chambers street station. and will someone please check the expiration date on the unipod worm tranquilizers. [♪♪♪] sorr

and joining me now, global macro investor and founder of bridgewater associate, ray dalio.r joining us. you were at the cop 28 global climate summit and 200 countries for the very first time explicitly agreed to transition away from fossil fuels, but i know you focus on the big picture, what's practical. so when you look at what it's going to take globally to fight climate change in terms of who has the money, what their motivations are and what exactly it's going to take to unlock those funds to put those funds to use, what are the answers to those questions? >> i'm glad you're asking me because that's the question about being practical. it will cost between $5 trillion and $10 trillion a year whether you spend money on it or consequences because you don't spend money on it, so who's got the money is the big question and how do you practically do it? right now we're spending about one-sixth of that and that is on mitigation. mitigation by mitigation, i mean, trying to find alternative energy sources and making sure temperatures don't rise by 1.5 degrees celsius. those thin

and joining me now, global macro investor and founder of bridgewater associates, ray dalio. thanks for joining us. you were at the cop-28 global climate summit and obviously nearly 200 countries for the very first time explicitly agreed to transition away from fossil fuels. but i know you focus on the big picture, what's practical. so when you look at what it's going to take globally to fight climate change in terms of who has the money, what their motivations are, and what exactly it's going to take to unlock those funds, what are the answer to those questions. to care about climate change to the degree they're willing to make sacrifices or changes in their behavior? >> it's no longer theoretical. now you're seeing wildfires in my state, you're seeing flooding in states like vermont and nn. you're seeing people have higher electricity bills because we haven't had enough solar and wind. so we can make the argument that transitioning to a clean economy is going to prevent terrible weather events, and also, america should lead. why would we want china or europe to lead in this

coming up later today, rebecca patterson at bridgewater associates joins bloomberg tv at 2 p.m.is is bloomberg. ♪ kailey: we woke up to news on this monday morning of a big deal and big oil. occidental agreed to acquire texas shale driver crown rock in a cash and stock deal valued at about $10.2 billion as consolidation heats up in the permian basin. let's get an update from the chief investor in occidental. a happy birthday to you. do you like this deal? >> yeah, i think of this is the texas-ufa rule of the golden rule. we think it's very attractive. in our comments earlier today, this looks a lot like as though they hadn't paid off debt and use cash to come back and do this. we agree. their incentive now is they fixed and their cost of money versus they doing all stock deal like the majors have done. that's an infinite problem with the stock does well. we know what the cost is in the dental committed a set price. we are only giving up about 15% of the total deal of $12 billion total which is equity. look at the aggressiveness of this. this is like like something harold hamm wo

john, bridgewater new jersey. good morning. your next. >> caller: good morning. i totally support a to ukraine. we have to defeat putin, it's unbelievable what he's getting away with. now, it's lost in the background with the israeli issue and no one is talking about it too much. i am a dyed in the wool republican from the nixon era, i'm 75. i don't like the fact that a republican colleague are raising all these issues about what's wrong with ukraine. we don't know what's wrong with you great but we know we have to defeat russia. and yes, we should absolutely secure the border. biden has been a disaster. that will cost him the election but those are, at this point to me to make separate issues. >> host: john, you talk about the nixon administration and going back to that time period what were your thoughts when you found it and a kissinger died last week? >> caller: oh, he's a great man. everyone tries to denigrate him. you know, they destroyed nixon. yeah, these are five good as people. these are great people, people who stood up in the middle of the cold war an

mark from bridgewater, massachusetts, please go ahead. >> good evening and distinguished guests.i think about the contribution of the founding fathers on the work of a have done with the federalist papers, i am also thinking about the 18th century americans were interested in preserving the liberty for which they had fought virtually loosely -- virtuously during the revolution. each individual state had specific needs and it is understanding why they had reservations about potentially sacrificing liberties to a central government. my question is, must americans be prepared to sacrifice additional liberties as our world becomes increasingly complex? thank you very much. peter: gregory? judge maggs: he has a premise on a question. i agree with the premise. one of the biggest concerns they had to address is now we will have a more powerful central government which means the states will be less powerful which means you might not have as much liberty as you might otherwise have. one of the biggest challenges the authors faced was how to explain that this was actually going to be an im

dan is in bridgewater new jersey hope all the students are getting a strict credit for watching, go aheaded the tremendous pleasure of knowing i don't to comment on the economics because to me economic system or written political science and cosmology. but what i would like to point out is they really care about the people on the short end of the stick. it's a vaccine probably talk about extensively. it's perceived by many people as a right wing person who did not care about others. they had the jewish ethic especially during the civil rights era. stuart dan, how should the freedman's? >> i was at barkley and got all involved in that and i met him after that. >> are right thank you for calling in. there were other people who knew the freedman's, respected the freedman's this is from the c-span archives here are some well-known politicians talk about milton and rose freedman. >> a winner of the nobel prize milton freedman's technical mastership his profession is unchallenged. more central to his work is its moral component. an idea of human freedom in which man's economic rights are as vit

we're going to move on and talk to mark out in bridgewater, massachusetts. mark, you're on c-span.e get. caller: peter, good evening to you and good evening to your distinguished guest. professor homestead, i listen to some of the comments you were making about how you could find so many strands to talk about from in work by willa captainer and i wondered if -- cather and i wondered if it was possible that - host: mark, go ahead, wre caller: peter, i'm -- i was trying tryg to think about -- peter, can i call you back? host: no, you cannot. can you turn down the volume on your tv, please? go ahead and just finish your question and then we'll have professor homestead answer it. caller: ok, i just was curious that if willa cather had taken more of a satirical approach to her novel and rather spoke and -- narrative, she had been a little bit more conscious or made the readers conscious of the amount of lessa fair practices that were taking place on the plains that it would have been possible for her to reach out to an audience and prevent the possibility of climate-induced change durin

bridgewater associates founder says the world is unlikely to limit the rise of global temperatures toncine lacqua at the bloomberg green festival at caught 28 in dubai and highlighted what needed to be done to achieve current climate goals. >> let's be realistic. we are unlikely to achieve the 1.5 target so there are three things. what you can do to achieve the 1.5 target. the second is adaptation. ok, if you don't achieve the 1.5 target, what needs to be done to make that acceptable? of course, the consequences of not doing that are big. big migration, all sorts of problems, but how do you adapt? and then the third cost is the cost of the damage. i believe that we are going to be moving in an economic way to adaptation. and that there is a lot of -- that will have a great power. the reason is it affects everybody so as there is an element here of let's be good and get the money, but if you go to banks, they say banks have a lot of money. things have assets and liabilities and if they don't receive or give their depositors or those who are putting money with them an adequate amount of

. >> good morning to my grandpa in bridgewater, iowa. >> hi, savannah and hoda. >> we're on a girls's morning. >> it is time for our annual tradition to look back at the year that was, the moments, the stars, the concerts, all the stuff that we love sharing over the course of 2023 >> we also do that all morning, oh, my god, that was this year. >> i know. i know >>> let's get to the news here at 8:00. public disagreement is growing between president biden and israel's prime minister over the war in gaza. it is happening at a time of new attacks. hi, richard. >> reporter: good morning. casualties since this war began have been relatively low, lower than expected for israeli troops operating in gaza. but according to the israeli military, in the last 24 hours, at least 10 israeli soldiers were killed there. we richard engel in jerusalem with they're describing it as an ambush in a densely packed slum. and israeli troops were operating what they described as a residential building looking for hamas tunnels when they came under attack hamas fighters firing on them, throwing explosives. am

dan bridgewater newjersey, thanks for holding . >> as a refugee from communism it's a great testimonyto the fact that in berkeley, guests are allowed to speak freely and you're allowed to debate them. and it was a productive encounter especially in the 60s. but i'm concerned now that the acl has declared anti-zionism, anti-sentences as a statement and i would like to also note what you think of the fate of the president of this law student at nyu who took a pro-palestinian position and was deposed. >> where are you from originally can we ask ? thank you for calling in. >> so many of my colleagues who are interested in the campus free speech movement and academic freedom movements are like you refugees from repressive governments and they believe that too many americans take freedom of speech because we have never had the experience of censorship. with respect to zionism, anti-zionism and antisepsis of, i knew very strongly for the freedom of anybody to express themselves, either anti-zionist or critical of a particularisraeli government policy . i defend freedom of speech to engage in

host: that is john in bridgewater, new jersey.ributes to henry kissinger continuing in today's papers. we showed you a couple yesterday. this is walter russell mead in washington journal. henry kissinger on power and morality as the headline. "for kissinger, the construction, attending and repair of a balance in global affairs was the supreme moral and clinical challenge of statecraft, especially as nuclear weapons made war on survivable -- unsurvivable. it required more bombs in north vietnam and cambodia, send in the b-52s. any guilt or shame attached to such moves belongs to those whose follies left the u.s. with nothing but bad choices. kissinger was a victim of his own success. once america's position had been restored americans turned in revulsion from the methods and men responsible for turning the tide. jimmy carter wanted to focus on human rights. conservatives like reagan wanted to replace kissingerian detente with anti-soviet approaches. neither cap understood the ability to pursue ideological goals was the consequence

my name is emma bridgewater.i teach elementary and middle school aged children to skateboard for transportation. i'm an advocate for small wheeled accessibility. i'd like to recognize that it's the end of the year. some civil servants who have been incredibly helpful in this effort. andy thornley, sf chris kidd, christy osorio from the active communities plan. commissioner neuhaus segal with department of public works. carla short, director of public works to jada durden, deputy director of public works. kevin ortiz with the cta community advisory council. felix whittington at rec and park. janelle caywood at the department of police accountability, commissioner deborah walker at the sf police commission. none of these people , except for kevin ortiz and chris kidd, asked for my input and yet have welcomed it. offered support, both verbal and material and helping to connect me with others who can address my concerns and implement novel solutions. ions for non-automotive transportation developed through a lifetime

my name is emma bridgewater.teach elementary and middle school aged children to skateboard for transportation. i'm an advocate for small wheeled accessibility. i'd like to recognize that it's the end of the year. some civil servants who have been incredibly helpful in this effort. andy thornley, sf chris kidd, christy osorio from the active communities plan. commissioner neuhaus segal with department of public works. carla short, director of public works to jada durden, deputy director of public works. kevin ortiz with the cta community advisory council. felix whittington at rec and park. janelle caywood at the department of police accountability, commissioner deborah walker at the sf police commission. none of these people , except for kevin ortiz and chris kidd, asked for my input and yet have welcomed it. offered support, both verbal and material and helping to connect me with others who can address my concerns and implement novel solutions. ions for non-automotive transportation developed through a lifetime s

my name is emma bridgewater.teach elementary and middle school aged children to skateboard for transportation. i'm an advocate for small wheeled accessibility. i'd like to recognize that it's the end of the year. some civil servants who have been incredibly helpful in this effort. andy thornley, sf chris kidd, christy osorio from the active communities plan. commissioner neuhaus segal with department of public works. carla short, director of public works to jada durden, deputy director of public works. kevin ortiz with the cta community advisory council. felix whittington at rec and park. janelle caywood at the department of police accountability, commissioner deborah walker at the sf police commission. none of these people , except for kevin ortiz and chris kidd, asked for my input and yet have welcomed it. offered support, both verbal and material and helping to connect me with others who can address my concerns and implement novel solutions. ions for non-automotive transportation developed through a lifetime s