i'm here with the editor of bloomberg businessweek, ellen pollock to talk about the annual tech issue. we get into the tech and all the cool things in this issue i want you to talk to us about the opening remarks column. it is about venezuela, venezuela having some serious economic issues pertaining to the weather. >> we have written a lot about venezuela. now we are looking at how weather can make bad problems even worse. the economy is ms there. the weather change with el niÑo and devastating droughts, which have an effect on the economy. are the repercussions? what do they have to do to adjust this? more.y have to adjust it is not just agriculture, which is a big problem, but even hydroelectric power. there are more power outages and even to the extent the president has said you should use your blow dryer less often. it's making lots of problems worse. people are likening it to syria where there's a terrible drought. through.s a lot to get can you walk us through what the .nspiration was behind this how did you come up with that? >> it is really about inventors. this year we decide

." ♪ david: here with ellen pollock, editor-in-chief of "bloomberg businessweek."et's start in the global economic section. you have a nice graphic showing how folks in the uk and outside feel about the oncoming referendum. it seems like there is some consensus. ellen: they want the uk to stay. all of them want them to stay. germany, the biggest economy in the eu, wants them to stay. the only country where a large number of people really were not sure what they thought was poland. i cannot explain that. lisa: but it is interesting. ellen: it is interesting. in the uk the polls are looking more and more like people want to leave. it really shows that there are big differences. david: the issue is trade mostly? ellen: the issue is trade. although now they have a lot of stories pointing out that the uk has a lot of economic problems, but many have nothing to do with the eu. a lot of people really want out. lisa: how much of this has to do with immigration? it is a big concern that people have. when somebody comes into one country, they can go into any of them. and the

i am here with the editor of bloomberg businessweek, ellen pollock. we are talking about the annual tech issue. before we get into the tech and cool things, talk to us about the opening remarks column. i read a really closely. it's about venezuela. they are having serious economic issues. pertaining to the weather. can you explain that? reporter: we have written a lot about venezuela, and shove it is. now we are looking at how the weather can make bad problems even worse. obviously, the economy is a mess. but the weather change with el niÑo, and there has been devastating droughts, which has obviously affected the economy. >> what are the repercussions for average venezuelans? reporter: they are adjusting, they have to adjust more to all the problems. it has actually affected not just agriculture, which is a big problem, and shortage of food, but even hydroelectric power. there are more power outages, to the extent that the president has said, you should use your blowdry or less often. it's making a lot of problems worse, and people are likening it to

. ♪ i am here with the editor of bloomberg businessweek, ellen pollock. are more must reads in this issue. we will next turn to an interesting story about the next debt crisis. i thought the story was bananas. i had no idea that so many companies were on the brink of financial disaster because of their reckless borrowing. can you tell us about that? crisis,r last financial consumer debt and mortgages were the problem that created the crisis. now people are worried there is a lot of corporate debt and that's because interest rates are low so companies get a lot of darling. now they are loaded with debt. .here is sort of this worry with all the uncertainty of the economy the question is, are there going to be more defaults? will it spark another crisis? what does it mean when companies are borrowing money? instead of expanding, they are doing buybacks. what is the long-term effect? >> economists are worried because instead of investing in equipment which would boost the economy or research and develop an investing which would create more value, they are doi

speaking with editor in chief john mikel, megan murphy, and bloomberg businessweek editor in chief ellen pollock appears in the latest edition of bloomberg businessweek. you can find it on the website at bloomberg.com. puerto rico has $2 billion in bond payments due in eight days. the island governor says it will default on its general obligations. even if services are halted. the governor made his remarks today in washington, where he is lobbying for congressional approval of legislation that would set up a framework to restructure puerto rico $70 billion debt. the u.s. senate will take up the measure next week. in a major victory for supporters of affirmative action, supreme court upheld the right of the university of texas to consider race in its admissions process. againsted for-three, abigail fisher, a white woman who said she suffered his termination when she was rejected by the school in 2008. excused herself because of previous work on the case when she was the u.s. solicitor general. a baltimore cop facing serious charges in the 2013 death of freddie gray has been found not guilty. he o

." ♪ carol: we are here with editor ellen pollock. on transportation and you talk about gondolas. but not the ones in the swiss alps. ellen: we're talking about companies that did make gondolas for ski regions but the business is not so good and they are trying to sell gondolas to cities that have traffic problems. one place that is being looked at is new york city, which would be a great thing. and basically a there are making the point if you are flying to the sky you will have a shorter commute. you will not get stuck in traffic. david: one city mentioned -- la paz. i studied abroad there for a while. a cool city shaped like a bowl. downtown you could take these gondolas. efficiently. they are huge but they work well. carol: they do not carry a lot of people. it is not like having the amount of people you can carry on the subway. ellen: no, subways carry more people and they are faster but it gives you an alternate route. for some people it makes sense. it depends where you live. and whether you are willing to take a different path

." ♪ david: here with ellen pollock, editor-in-chief of "bloomberg businessweek."n the global economic section. you have a nice graphic showing how folks in the uk and outside feel about the oncoming referendum. it seems like e

i am here with the editor of bloomberg businessweek, ellen pollock.e annual tech issue. before we get into the tech and cool things, talk to us about the opening remarks column.

david: here is ellen pollock, editor-in-chief of "bloomberg businessweek."al economic section. you have a nice graphic showing how folks in the uk and outside feel about the oncoming referendum.