erik: because the echo >> what we would rather do -- erik: because?what we would rather do than grind returns is just by good risk and taper tantrum's 2013 created the opportunity for that. it was there for three or four weeks and then it was gone. you had a loan market taper tantrum where we put 15% of the loans in two weeks. would we be excited for that again? people have been predicting that all year and it has not happened. are you positioned exactly right for it? no. you have to be able to change. what does that mean? run low gross, which we are. s we do notco run grosstt in velocity especially like now. we are being more patient. we are not patient people but now is the time. erik: scott's excitement jumping off the page is where we are different. >> you are saying high quality bond, trade down. they do not go to distress levels. they go from 90 to 98, 98 to 88. these companies are not defaulting. they are down for technical reasons. they look at the yield and say, this does not hit the yield bogey. credit people might be having outflows because

erik: now, after four years of crippling u.s.ions, the venezuelan president, nicolas maduro, senses an opportunity. pres. maduro: hopefully, we can find paths of closeness, of respect, paths of mutual benefit. erik: donald trump is out, joe biden is in. he wants to negotiate a deal. pres. maduro: paths that allow

erik: larry, you spend a lot of time thinking and writing about climate risk.t stake if these projects in green hydrogen and sustainable jet fuel, long-term battery storage and carbon capture, what is at stake if they do not get climate funding? larry: we are seeing the impact in society now from climate risk and, change. we are seeing insurance premiums going up 18% a year. we are seeing real impact from what climate risk is doing from flooding, fires. we are seeing a big impact. the faster way we can find ways to mitigate, the more just society will be. i do believe the money will be well spent for returns. it will transform our economies. it will build new jobs, new cities and new opportunities. i look at this as an optimist, not a pessimist. the key is that to be the optimist, we have to jump on it now. alix: that was larry fink and bill gates speaking exclusively with erik schatzker. in new york, climate is a big focus as president biden's agenda is caught in the middle of politics in d.c. policy is crucial for many companies trying to leave the energy tra

. ♪ ♪ erik: i'm erik schatzker and welcome to bloomberg's "front row."o victor khosla, one of the kings of distressed debt investing. his firm, strategic value partners buys bonds and loans to , take control of troubled companies. it is controversial, and fund managers like him have been called vultures. but unlike many of his peers, victor wants to build andimprov, and he is critical of those who don't. victor: 95% plus of the di

the one erik prince, you can watchul the full episode on fox nation.onight on "tucker carlson." have a greatat weekend. ♪ ♪ ♪ ♪ ♪ >> sean: and welcome to the special edition of "hannity." biden's afghanistan disaster appeared for the hour, we are going to review joe biden's catastrophic withdrawal from afghanistan, leaving americans >> welcome, everyone. we will cover the moral cowardice, the idiotic plan, for a president that is clearly not fit to lead this country are t tonight on. >> we are going to get them all out. >> we do take c

thanks, erik. guest: i think we are seeing republicans go to boards the fiscal responsibility message, really being driven by mitch mcconnell. i personally believe that he is trying to move the party away from trumpian themes. he is pro vaccination. he doesn't really believe the election was stolen. but he wants the party to return to the low government -- the small government, low spending message. that is why we are seeing it come to the forefront. i think republicans will say there was emergency deficit spending the covid crisis, and that is what really drove it up during the trump years. there is still a skirmish going on in the deficit effects of the trump tax cuts. democrats say it is $1 trillion. republicans say it is less than that. part of it is counterfactual because we had the covid crisis and it didn't really play out as people thought it would. their main argument right now is that democrats are undertaking an effort to add to the debt through this reconciliation bill, and given that,

erik: we are really just beginning to see the reactions from the imf membership. the imf managing director told the board, the executive director is representing all of the countries. she told us this morning in a meeting that they should expect this report would come out. the report came out around 10:30 am washington time and really everyone was quite surprised by the timing and content of the report and the sources i speak to say that people are really kind of just absorbing all of this and taking all this in at this point. we saw a statement from the u.s. treasury saying these are serious findings and the treasury is analyzing the report. perhaps the most important reaction will be from the biden administration. the u.s. being the largest shareholder of the imf at 17%. three times larger than any other shareholder. shery-ahn: explain the issue because the world bank is saying you want to raise the ranking of china but this is coming at a time when they were in the middle of negotiations? erik: the report says that she pressured staff to raise the ranking of ch

erik robertson is here. great to have you with us. you say you are not expecting the fed to announce tapering plans until november. where are you seeing the risks? >> good morning. there are a couple of things we are focused on. the fed will announce its plots for 2024. it has yet to be revealed. there is a good chance to see hikes penciled in for 2024. the way we have looked at the rates market is the observation front end rates are too low. as you have said earlier on the program, we don't think the fed announces tapering plans until likely november. i think there is short-term vulnerability with regards to the 2024 dot plots. shery: given the uncertainty, it is not surprising to see the pessimism over growth concerns around the world being spread across emerging markets. do you see any opportunities now that valuations have fallen so much? >> we do. it is a great question. for the last two or three months, we have seen spreading pessimism, with regards to emerging markets. part of it has been a growth story, fear of fed tapering. t

bill gates spoke to erik schatzker.t we've got founding partners at catalyst, companies that care about climate and even beyond getting rid of their own emissions, are helping to support the projects that will reduce the costs making things like aviation fuel or hydrogen. and so it's not just their missions that will be impacted here. as we take this over $1 billion in capital we already have -- and that's just the start -- and fund these projects -- we're going to bring these costs down so that all companies and all countries will be able to participate in using green products. so i saw this as a key element. i first went to satya nadella, then seeing how out in front larry has been, i went to him. the two of them encouraged me to get a group together now. we've got five other companies who are leaders in this space announcing substantial commitments. we start with over $1 billion to help fund the scale of projects that will bring the costs down. and there's a lot of leverage here because there will be government money

erik: welcome to bloomberg's front row. today, i'm talking to the hedge

. >> i'm erik schatzker and welcome to bloomberg's front row. talking to the hedge fund hotshots. scott goodwin and jonathan lewinsohn. they invest in credits. making invest on whether borrowers will or won't repay their debt. it is a new breed of hedge fund built for modern markets where speed is the difference between

the one erik prince, you can watchul the full episode on fox nation. that is it for us tonight on "tucker carlson." have a greatat weekend. ♪ ♪ ♪ ♪ ♪ >> sean: and welcome to the special edition of "hannity." biden's afghanistan disaster appeared for the hour, we are going to review joe biden's catastrophic withdrawal from afghanistan, leaving americans >> welcome, everyone. we will cover the moral cowardice, the idiotic plan, for a president that is clearly not fit to lead this country are t tonight on. >> we are going to get them all out. >> we do take care of our own. believe nobody behind. >> the joe biden administration is managing that as well as we can. >> is what america is all about. leaving nobody behind. >> could this have been done and what orderly manner? >> i respectfully disagree. sean: americans held hostage, held behind enemy lines and tonight we began one month before the fighting season and this was the deadline for withdrawalit, if they follow through, they knew if they harmed and the americans were killed inul the allies, they knw t

bike i bought had so much power, i was thrown about 8 feet in the air, landed on my back in front of erikw i had broken my back and that second. i'm lying in my bed covered in blood waiting for the ambulance. >> kelly: you moved? >> simon: oh, yeah. i got carried. i'm lying ther

. ♪ ♪ erik prince found the blackwate is a very smart person.ze i spoke to him for a recent episode offrom blackwater helped rescue him when he was trapped in afghanistan. they were on a congressional visit in the winter. the helicopter got lost in a snowstorm. it sit down on the side of a mom. us military launched a ground convoy to get them they got los we rescued them from taliban territory. you rescued him? are they grateful? you wouldn't think so no. >> one of the guys in the scene that helped rescue him was an interpreter called mohammed. they of course brought all the wrong people home. mr. president save me and my family please. >> thank you so much for coming on here all of this talking about the allies and was left behind.eo the majority of savings aren't allies. we are discussing actual ally. its pressure and we are picking the wrong people. >> tucker i'm just going to tel you i don't think that he cares. that's the gravity of this whol thing.e the bureaucrats in washington for a i total of 50 years the o thing is improved in that time is his own bank count. and i know he do

ukraine's danyil boldyrev beat spain's erik noya cardona to win the men's speed climbing event on thursdaynd's natalia kalucka was the shock winner, the 19—year—old claiming her first world title after comfortably beating russia's iuliia kaplina in the final with a time of 7.18 seconds. and, finally, five days after making tennis history, britains emma raducanu is back home. the new us open champion was reunited with her parents after arriving back in south east london. on saturday, she became the first british woman in 44 years to win a grand slam singles title and she's since had a whirlwind week in new york with appearances on american tv and at the met gala. you can get all the latest sports news at our website — that's bbc.com/sport. but from me, gavin ramjaun, and the rest of the sport team, goodbye. four nft artworks inspired freddie mercury are being auctioned for an aids charity to mark what would have been his 75th birthday. three show the singer while the fourth is a dreamlike depiction of a white grand piano with a crown on its stool, surrounded by a pond of swimming goldfish.

he and his partner, jonathan lewiston, spoke exclusively earlier to erik schatzker on why it is an opportunity, may be, for their credit investing firm. ♪ >> i love it. we might lose money at the beginning, but we have the watchlist, the process, each analyst is ready and we are disappointed there hasn't been one yet and i think that would be a great opportunity for us. what we would rather do than grind out returns in netflix getting upgraded, frankly, is purchase really over performing risk and the taper tantrum of 2013 created an opportunity like that. it was therefore maybe three weeks, four weeks, and was gone. we like those opportunities. five points, those loans were funded in two weeks. would we be excited for that opportunity? again, people have been predicting that all year and it hasn't happened. being positioned exactly right for it? no. then you have to be able to change on the low gross. which we are. it's as close to it has been. there's no grosses in velocity, like now. we are not patient people, but this is a time for patients. >> scott's excitement jumping off the page goes t

passengers to experience the rugged splendor of the american west, including major portions of the lewis erik clark trail and instead around 4:00 p.m. mountain time on saturday near joplin, montana, the idyllic scene turned to tragedy. >> probably 10 to 15 seconds of rocking back and forth and tons of noise and then we came to a stop. robin vander vest was taking a rest in one of the sleeper cars that did not derail. amtrak said there were approximately 114 passengers and 16 true members. the train had two locomotives and ten cars in total, eight of which derailed. >> i would describe the experience as extreme turbulence on an airplane but like louder and there was kind of a lot of smoke smell. >> she said there was silence in her car and then passengers evacuated within ten minutes. it wasn't until she got outside that she realized the extent of the problem. she said while the front cars weren't affected she could see when a couple of cars behind had derailed and sat between two tracks. >> and then the one behind that one had completely tipped over and fallen over and that was kind of the mo

list of the usual suspects includes michael bloomberg, charles koch and his late brother david, and erikt. but in 2013, a lawyer estimated it had been more than $100 billion with a "b" since the year 2000. this comes as congress is debating a way to use increased taxes on the wealthy and corporations to pay for biden's build back better plan. something we keep hearing that america just can't afford. the white house released a report last week showing that the country's 400 wealthiest families have been able to slash their income tax bills to an average rate of 8.2% due to loopholes in the tax code. that rate is 5% below what the average american, meaning y'all, pay. we're not just talking about personal income taxes. corporations are also a big problem. this year alone, 55 corporations paid zip, zero in federal income tax, including fedex, nike, and american electric power. amazon wasn't on this year's list, it still avoided $2.3 billion in annual income taxes last year according to the institute of taxation and economic policy. these people have enough cash to literally launch themselve

gates and fink spoke -- spoke to erik schatzker. >> it is exciting that we have got seven founding partnersfor catalysts. these are companies that care about climate and even beyond getting rid of their own emissions are helping to support the projects that will reduce the cost of making things like aviation fuel or hydrogen and so it is not just their missions that will be impacted here as we take this over a billion dollars in capital we already have and that is just the start and fund these projects. we are going to bring the cost down so all companies and all countries will be able to participate in using green products. i saw this as a key element. i first went to seeing how upfront larry has been on this issue. they encouraged me to get a group together. we have got five other companies who are leaders in this space announcing substantial commitments. we start with over a billion dollars to help fund scala projects that will help bring the costs down. there is a lot of leisure -- a lot of leverage because they will be government money, tax credits that will pull together dozens of the

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. >> erik hans isbrandtsen. >> taizo ishikawa. >> waleed joseph iskandar. >> aram iskenderian, jr. >>aleksandr valeryevich ivantsov, >> lacey bernard ivory >> virginia may jablonski >> bryan c. jack >> brooke alexandra jackman >> aaron jeremy jacobs >> ariel louis jacobs >> jason kyle jacobs >> michael g. jacobs >> steven a. jacobson >> steven d. jacoby >> ricknauth jaggernauth >> jake denis jagoda >> yudhvir s. jain >> maria jakubiak >> robert adrien jalbert >> ernest james >> gricelda e. james >> mark steven jardim >> amy nicole jarret >> muhammadou jawara >> francois jean-pierre >> maxima jean-pierre >> paul edward jeffers >> john charles jenkins >> and my uncle, christopher. even though you died more than eight years before i was born, your memory lives on through me in so many of your family and rends now, grandpa is in heaven with you. may you both rest in the piece of his kingdom. and may god bless america. >> and my cousin daniel. >> joseph jenkins, jr. >> alan keith jensen >> prem nath jerath >> farah jeudy >> hweidar jian >> eliezer jimenez, jr. >> luis jimenez, jr. >> charl