we are back with charles lichfield of eurasia group.balization heavy is he often get categorized as the elite that gains from it. how do politicians and academics make the case for globalization without being seen as the devil? charles: it is difficult. show -- yous to merkel has been careful to show her electorate shedding and battering down the hatches mean. it means less growth, less prosperity, and it will be bad for germany. the problem is if you go somewhere like france, which also pretends it has an open stance on free trade but has not been as competitive recently. react toorate tends to it in a difficult way. it has been difficult for politicians to fulfill what they call in france the put a logical -- pedalogical duty. we are seeing that polarization clearly in the french political debate now. some countries have already moved into a post left and right debate, where it is now a debate between those who want globalization and those who want to protect the country with the national boundaries, not just for security but also tra

ian bremer, eurasia group president."dow jones newswires" says the snap ipo will be price, meaning opening price at $17. a buck higher than the 14 to $16 span we had been told before. pricing at $17 a share. of course we'll get the real bless release on that press release after the belle. closing bell 15 minutes away. dow 21,000 isn't the only big number we are watching. there is s&p 2400. we're at 2399 right now. nasdaq, 5900. all indices crossing major milestones right this second. treasury secretary steve mnuchin has something to do with it because he got into fox business's neil cavuto's claws, those claws dug out a tax plan and detail on it. neil got him to say it will be voted on and passed by august. why doesn't former jpmorgan ceo and treasury contend are jamie dimon believe him? charlie breaks it live from the floor of the new york stock exchange next. just like the people who own them, every business is different. but every one of those businesses will need legal help as they age and grow. whether it be with cu

policymakers on the one hand and business elites and fund managers on the other. >> and i've been at eurasia group now for 12 years. kind of navigating the field. and i'll just say, that i have never in my 12 years at the firm had a sense in which a political establishment are so uneasy on the terrain in which they are stepping on. and this, we see this on multiple levels. i think obviously we had a one moment, we had a favorable global economic environment, feeding of the global financial crisis in 2018 and then we had an acute crisis of confidence in the markets, tremendous uncertainty over the sanctity of the euro zone project and the record of adjustments, none of our clients were asking us and we were on the hook to candidates whether or not we were headed for the breakup. in the euro zone and argue was that political markets were underappreciated the commitments towards the project and elites were running the game and the end result was a stable outcome but what we are seeing here today is something entirely different, i would say that to answer your softball question cliff, are we see

he's the europe associate at the political risk consultancy, eurasia group. it appears from an economic perspective the uk is approaching these negotiations from a sound financial footing —— salary running. negotiations from a sound financial footing -- salary running. yes, the public deficit is still quite large, but certainly i think it has impressed most observers and surprised them in how it has performed, talking about the uk economy, the growth outlook is still quite good and investment is still all right. inflation is above 2% target and hasn't quite gone crazy. overall the uk's economy is quite strong, but the question is whether the investment outlook remains the same and over the next two years, all the people that were interested in the uk for investing will be very interested in the deal that we get with our european partners, our biggest market, and the uk has been seen as biggest market, and the uk has been seen as a biggest market, and the uk has been seen as a investing destination because it was inside the single market, but what about when i

ian bremmer of the eurasia group.ave you with us. ♪ ♪ house republicans are mulling another minute health care. an eight-day slump. the world of finance repairs for a post-brexit london. jpmorgan in talks to acquire a dublin office with space to accommodate 1000 workers. plunging 20% ahead of the open. by the market is so sour. good morning. downward dog? alix: don't even. jon: 30 minutes away from the opening bell. down seven points on the dow. 0.03%. call it flat. a massive bid in treasuries over the last few weeks. 239 today. the euro weaker. in germany, much lower than anticipated. that they say euro down for the third straight session. 29 minutes and change away from the opening. alix: lululemon down over 20%. fourth-quarter earnings miss estimates by just a penny. revenue was better but the outlook was truly awful. first-quarter outlook at $.25 to $.27 per share. the ceos saying the new spring yoga pants the not pop online. they were too bland. a little bit of m&a and selling. we have conoco selling some of it o

a former national intelligence officer for russia and eurasia. and a georgetown analyst.here, you have mr. warner, a senator. you can watch that live on your bloomberg. this is bloomberg. ♪ nejra: this is "bloomberg markets." i am nejra cehic. vonnie quinn. time for a look at the biggest business stories in the news now. saudi aramco has chosen j.p. morgan, morgan stanley, and hsbc 40 roles in what could be the biggest ipo ever. as banks will act as advisers on the aramco listing. the government-run oil company could be valued at $2 trillion. shares of fashion retailer h&m fell to a four-year low. the company says it may have to cut prices in the second order by more than last year, to reduce inventory. that is your latest bloomberg business flash. still ahead, financials have been one of the top performing sectors since the election, but have been cooling off a bit. ♪ careful joe, they've got you outnumbered. the dinosaurs' extinction... don't listen to them. not appropriate. now i'm mashing these potatoes with my stick of butter... why don't you sit over here. something

obama administration from 21232015 as deputy assistant secretary of defense for russia, ukraine, eurasia listen to these comments very, very closely. >> i was urging my former colleagues and frankly speaking to people on the hill. it was more actually aimed at telling the hill people get as much information as you can, as much intelligence as you can before president obama leaves the administration because i have a fear that somehow that information would disappear. with the senior people who left. it would be hidden away in the bureaucracy. that the trump folks if they found out how we knew what we knew about their staff, the trump staff dealing with russia, that they would try to compromise those sources and methods. we will no longer have access to that intelligence. i became very worried because not enough was coming out into the open. i knew that there was more. we have very good intelligence on russia. then i had talked to some of my former colleagues, they were also trying to get information to the hill. >> sean: how we knew what we knew about the trump staff dealing with russia.

administration from 2012 through 2015 as the deputy assistant of defense for russia, ukraine, and eurasia. this clip could prove the obama administration was very much involved in the surveillance of trump transition team members. wow. watch this. >> i was urging my former colleagues and the people on the hill -- it was more actually aimed at calling the hill people get as much information as you t can. as much intelligence as you cani before president obama leaves the administration because i has a fear that somehow that information would disappear with the senior people who left. so it would be hidden away in the bureaucracy that the trump folks, if they found out how we knew what we knew about the staff, the trump staff dealingng with russia that they would try to compromise those sources and methods meaning we would noha longer have access to that intelligence. i became very worried because not enough was coming out into the open. and i knew there was more.e. we have very good intelligence on russia so then i had talked to some of my former colleagues. i knew they were trying to help

tomorrow, eurasia group president knows about geopolitics. conversation you do not want to miss. from new york city, we build towards a higher close just yesterday after a deeply negative open. this morning, futures softer. you are watching bloomberg. ♪ jonathan: reaching for the buy the dip playbook is restored. political risk does something fed rate hikes could not. bite taken out of the south african rand. away from article 50 in the u.k. a warm welcome to "bloomberg daybreak" on this tuesday, march 28. day losing streak on the s&p 500, make it eight so far on the dow. but no drama.ter down 17 on the dow. negative two on the 500 bank. 2.62 in the last week. 2.37 on the screen this morning. the euro just south of 1.09. isid pup president trump scheduled to sign an executive order this afternoon, rolling back some obama era environmental regulations. our chief washington correspondent is with us. where do we stand in deregulation? kevin: president trump will reverse much of the environmental regulations and executive orders later today. this

joining us evelyn ficus, serving as deputy assistant secretary of defense for russia, ukraine and eurasiashe also happens to be an msnbc national security analyst. evelyn, welcome first of all. >> hello. >> second, we have these two concurring and breaking stories. "the washington post" account of these alleged conversations, now attorney general sessions have with the ambassador. the first is largely been the waning days of the obama administration and an effort to squirrel away -- forgive the complex technical term -- intel they knew about and they feared would either be ignored or fall into the wrong hands. you speak to that latter issue. >> yeah. there was a lot going on in the administration. first of all, they had watched hillary clinton lose. and they being the high officials, mainly in the white house, they were told you can't do anything political. but while they watched something, we don't know all the details of what they were watching. and they couldn't talk about it. hillary clinton lost. and then they knew that they had all this intelligence about contacts between the trump

and she served as the deputy assistant secretary of defense for russia, ukraine, and eurasia until 2015. something else she said now has conservative media blaming her for leaking classified intelligence. here's what she said about wanting to inform lawmakers on capitol hill. >> so i became very worried, because not enough was coming out into the open. and i knew that there was more. we have very good intelligence on russia. so, then i had talked to some of my former colleagues and i knew that they were trying to also help get information to the hill. >> reporter: even though she says her comments were based on media reports, those on the right suggest that farkas basically admitted she was responsible for leaking information that the obama administration had collected on then president-elect donald trump. conservative media has run with it. suggesting her comments prove there was surveillance on trump. >> farkas is referring to surveilled information on the trump transition team. listen next, as she admits that there was an unmasking, in other words, revealing the identity of those tru

joining us evelyn ficus, serving as deputy assistant secretary of defense for russia, ukraine and eurasia. she also happens to be an msnbc national security analyst. evelyn, welcome first of all. >> hello. >> second, we have these two concurring and breaking stories. "the washington post" account of these alleged conversations, now attorney general sessions have with the ambassador. the first is largely been the waning days of the obama administration and an effort to squirrel away -- forgive the complex technical term -- intel they knew about and they feared would either be ignored or fall into the wrong hands. you speak to that latter issue. >> yeah. there was a lot going on in the administration. first of all, they had watched hillary clinton lose. and they being the high officials, mainly in the white house, they were told you can't do anything political. but while they watched something, we don't know all the details of what they were watching. and they couldn't talk about it. hillary clinton lost. and then they knew that they had all this intelligence about contacts between the trum

prior to carnegie, he served as the national intelligence officer for russia and eurasia at the u.s. national intelligence council from 2010 to 2014. earlierly, he held research appointments at the national defense university, the international institute for strategic studies and the rand corporation. he has served on the national security council's staff and at the state department, taught at georgetown university and george washington university and published widely. welcome, dr. rumer. clint watts. clint watts is a robert fox fellow for the foreign policy research institute and a senior fellow at the center for cyber and homeland security at george washington university. clint's a consultant and researcher, modeling and forecasting threat actor behavior and developing countermeasures for disrupting, defeating state and non-state actors. a consultant, clint designs and implenments training for intelligence and law organizations at the state, federal and local levels. clint served as a united states army infantry officer, an fbi agent on a joint terrorism task force, as the executiv

as cliff highlighted, i work at the eurasia group and we live in the interface between speaking with policymakers on the one hand and business elites and managers on the other. i've been at the groups now for 12 years navigating the field and i will just say the get-go i've never in my 12 years at the firm had a sense in which political establishments are so uneasy on the train that they are stepping on. we see this on multiple levels. obviously we had one moment which was a favorable economic environment leading up to the global financial crisis in 2008 and 2009 then we had the financial market's tremendous uncertainty over the sanctity of the project and the recklessness and the clients were asking us and we were on the hook to anticipate whether or not we were headed towards a breakup in our view at the time is they didn't appreciate the project running the game and at th the d result was a stable outcome but what we are seeing here today is entirely different and i would say to answer your softball question are we seeing something new and different in terms of underlining the vot

eurasia group's mij rahman. next, we will be joined by political commentator john curtice.with us on set. this is bloomberg. ♪ matt: this is the european market open. we are over 40 minutes into the trading session. let's see how things are shaping up. not a heck of a lot of trading going on. on the stoxx 600. very little change as traders around the world await this legislation in the u.s. congress to see what kind of mandate president trump has on capitol hill. let's get the first word news. sebastian? sebastian: the european central bank is about to give lenders a last offer of free long-term cash. the final round of refinancing operations for interest rates that start at zero and could go lower will be allotted to banks today. in return, it will get a sense of any concern over the outlook of its extraordinary stimulus. reportedly, the fbi has information indicating president trump's associates communicated with suspected russian operatives to coordinate information damaging to hillary clinton's campaign. according to cnn, this is partly what fbi director james comey was

she's the former deputy assistant secretary of defense, and she focused on ukraine and eurasia as well as russia. she was talking about a "new york times" report on march 2nd this year, a "new york times" report that said a number of obama officials and intelligence officials were trying to get information out about the trump campaign's potential ties to russia, things that they had discovered. she was addressing these on "morning joe." i want to play that sound bite for you now. >> there is a total distortion of what i id and what i was talking about. i was talki abo the fact that -- i was outside of government. i had noack assess to intelligence on this whatsoever, but i was concerned because i knew how the russians operate, and i was reading these reports about them hacking into the elections and then giving the information to wikipedia and that trump people, trump team people, were going to moscow and, you know, there was a lot of reporting on this. and so i got worried that the process wasn't being followed with regard to capitol hill, with regard to congress. because it wasn't cl

harriet tubman, even after escaping, achieving, forces of eurasia -- erasure, that she could be branded mammy. however, she is part of a generation of new african american scholarship that included dis-remembering alongside omitting. she would be part of our revised narrative that allowed flesh and blood of women as fleshy and bloody as necessary to replace cartoon characters. tubman's story remains emblematic of african-american woman's struggles in the 19th century into the modern era. "mammy"as and is proof remains a weapon in our culture. argued0, 2016, jacob lew the family of redesign bills would maintain hamilton while providing opportunities for more than just one woman. thus lucretia mott, susan b. , anthony, elizabeth cady stanton, and sojourner truth will appear on the back of the $10 bill. the first one to be redesign. and marian anderson, eleanor roosevelt, joined by martin luther king, are proposed for the reverse of the lincoln $5 portrait. but it will be harriet alone that will adorn the front of a new $20 bill, dislodging andrew jackson. it was a victory many associated

yvonne: it is interesting, i spoke with eurasia group's the u.s.plan, he said withdrawing from tpp washina. it was not about increasing military presence in the south china sea, it was all about trade. when do the gloves fall off? to have it is important a clear understanding about what the u.s. dropping out of tpp means and what it does not mean. just because the u.s. has withdrawn from tpp, the united states is not going to disappear from east asia. placet, the u.s. is in with most of the large tpp partner countries already. it has been an important player in the region and that will not change. large countries in that region -- it was the less important part of that agreement. what was more important, was for tryingst time, we were to extend trade disciplines into areas we had not touched satisfactorily. areas like digital commerce, state-owned enterprises. one thing i will say with the u.s. dropping out of tpp, it means the leadership portrayed globalization, the baton has been passed to china, because it is pursuing its regional economic partnership. the key thing to keep in mind

rumer served as the national intelligence officer for russia and eurasia at the u.s. national intelligence council from 2010 to 2014. earlier, he held research appointments at the national defense university, the international institute for strategic studies and the rand corporation. he taught at georgetown university and george washington university and published widely. welcome, dr. rumer. clint watts is a robert fox fellow for the foreign policy research institute. and a senior fellow at the center for cyber and homeland security at george washington university. clint's a consultant and researcher, modeling and forecasting threat actor behavior and developing countermeasures for disrupting, defeating state and non-state actors. as a consultant clint designs and implements customized training and research programs for the military, intelligence, law enforcement organizations at the federal, state and local levels. clint served as a united states army infantry officer, an fbi agent on a joint terrorism task force. as the executive officer of the combatting terrorism

we will get eurasia's view later on in the show. how protectionism may affect one of home depot's biggest suppliers. this is bloomberg. ♪ ♪ yvonne: this is "daybreak asia." by donaldism fueled trump's america first slogan. joining us now is ceo joe galli. great to have you. we continue to see record profits for tektronix. the concern was earnings growth. slowlly getting this growth quest mark -- growth? are net profit was up 15 points. we showed outstanding momentum in the second half, and we are very confident about 2017. our cash flow more than doubled last year. yvonne: i thought that was interesting, as you have prided your business in asia. you started building factories in hong kong. now you might be in the potential list of president trump's for bringing jobs back to america. are you concerned about any type of potential border tax? guest: no. i think what people miss is that manufacturing capability in the united states. we have five facilities in the u.s. ready to go. if there is any issue with border tax, it will affect al

eurasia group stern lichfield there, thank you, charles.ching bloomberg. ♪ mark: breaking news here in london, multiple shots fired near parliament on wednesday during an incident that also saw people hit by a car on westminster bridge. you are watching live pictures of the area around the houses of parliament and westminster in london. police say it was a terror attack. we have seen images by bbc showing people on the pavement lying down the ground, being treated by medical staff. at least 10 people have been injured, video footage showing a crashed car the shooting taking place along the road beside parliament. police have closed the roads around the area. house of parliament building has been put into lockdown. we will continue to monitor this developing story. vonnie: rob hutton is still inside parliament. equities are dropping around the world. the ftse 100 has not really changed since we heard of the attack, down two thirds of 1%. the british pound is slightly weaker today by about 1/10 of 1% . we are back with john stoltzfus. traditi

on the executive committee of the atlantic council board and i would want to commend the councils eurasia center for today's program which is entitled the state of human rights and putin's russia. as many of you know the center has been extremely active and a vigorous voice on a range of issues from russia's disinformation to the issue of ukraine, the scale and scope of the aggression in ukraine and the illegal annexation of crimea. today's forum is particularly timing. russia has experienced the worst crack that in human rights in decades. and we have three keynote speakers who will be up first, and all of whom are making a difference in their own way. their strong, outspoken advocates for freedom and basic human rights in russia. i'm going to introduce the first three and then will be having a panel afterwards which will be moderated by alina polyakova and she will introduce the pain of the spirit but first we're going to be hearing, i'm going to introduce all three, will be hearing from maryland senior senator ben cardin, ranking member of the senate foreign relations committee who jus

he also served as director for russia and eurasia in the clinton white house.here today. >> thank you for having me. >> so we saw the news that came out yesterday. confirmation that there is an investigation. now what? >> becky, an active investigation is under way. in the short term, there will be less certainty at the tippy top of the u.s. government because any one of president trump's political associates could be a target of that investigation. after all, trade craft in terms of russian espionage is to cast the net widely, to cultivate people over the long term, and we'll see where the investigation goes. but this is a clarion call to our democracy that foreign governments have a self-interest in manipulating our electoral process and public policymaking process. there are laws on the books to enforce against that, but the question i have is do we have the resources dedicated to the offices at the department of justice to enforce that. there's something called a foreign agent's remembgistratio act, which requires americans who represent the interests of fo

prior to that he served as the national intelligence officer for russia and eurasia at the u.s. national intelligence council from 2010 to 2014. earlier, he held research aappointments at the international institute for strategic studies and the rand corporation. he taught at georgetown university and george washington university and published widely. welcome, dr. rumor. clint watts, is a robert fox fellow for the foreign policy research institute. and a senior fellow at the center for cyber and homeland security at george washington university. he's a consultant and researcher, modeling and forecasting threat actor behavior and developing countermeasures for disrupting, defeating, state and non-state actors. as a consultant clint designs and implements customized training and research programs for the military, intelligence, law enforcement organizations at the federal, state and local levels. clint served as a united states army infantry officer, an fbi agent on a joint terrorism task force. as the executive officer of the combatting terrorism center at west point and as a con