ian bremmer, thank you for speaking with us the president of eurasia group.n to first word headlines. >> a grim milestone in the pandemic. one million people around the world have been infected, more than 51,000 have died, 208,000 people have recovered. president trump has issued an order under the defense production act to speed production of ventilators. he signed an executive order directing the department of health and human services to provide supplies to companies making devices. the move comes after state officials raised alarmed that supplies are in adequate for coronavirus patients. there are signs the worst may be over at the epicenter in europe. the death rate is easing in italy and growth of new infections moderate. the virus appears to be spreading more slowly in germany, netherlands, switzerland, and other countries. pressure on intensive care units is letting up, including in milan. saysanadian prime minister he is concerned about reports that medical supplies destined for canada have been diverted to the united states. prime minister trudeau s

university of southeastern norway as well as author of russia's geo economic strategy for a greater eurasia original macross up rules in effect that means you can jump any time you want and i was appreciating let's go to oslo 1st glenn we have this pandemic ongoing and we have been in crisis in the energy markets and it's easy to conflate the 2 and one in the energy situations in the markets has gotten worse as a result of this pandemic but they are very separate things and i would say right off the bat that this is the result of disastrous policies particularly by the united states using a series of tax breaks sanctions and really just unprincipled market behavior to try to. north american energy companies and it's all blown up in their face and a pandemic is made even worse and i don't think there's any really any real road back i mean this is some of the most worse was poorly thought out policies i can imagine and people and average working people are going to pay for it go ahead learn. it well i agree with that assessment because polish shale revolution a serious has been very much all

we will speak with ian bremmer of the eurasia group next.is bloomberg. ♪ amanda: this is bloomberg markets. i'm amanda lang in toronto. the donaldst time, trump raise the possibility that china cost the covid-19 crisis. was asked, would you be angry at china? the answer may be a resounding yes, but it depends, was it a mistake that got out of control, or was it done deliberately? big difference between those two. in either event, they should have let us go in. the blame game seems to be part of the political strategy that republican senators are also pursuing. i want to bring in ian bremmer of the eurasia group. this whole attack the who is a massive theme. we just put up the price of west texas, watching crude prices plummet on the new york contract, causing a lot of uncertainty in the world. we have to start there because we are seeing this historic low. terms of the uncertainty that is driving that, what is going on in the world today? ian: well, this little thing called coronavirus which has led us to basically stop both the supply and d

when we have questions about geopolitics, we turn to ian bremmer, founder of the eurasia group.rt with china. that is where, after all, this coronavirus started. what is this doing to china, both internally and externally? ian: internally, the fact that xi jinping cover this up for the first month caused enormous opposition to him domestically, that they needed to battle. this was by far the biggest crisis he has faced, just like other leaders around the world. since then, their economy is restarting. tremendous quarantine, a lot of pride around that, but still a lot of domestic opposition. on top of that, internationally, the chinese are the economy that has restarted, good for the supply chain for them, but they are also increasingly having fingers pointed at them, especially by the united states. if it turns out the united states and china are in a cold war on the back of xi jinping's handling of this, again, a big crisis. i see a lot of media that says china's economy is in the best shape coming out of this, given authoritarianism, totalitarianism, and that is true, but xi j

university of southeastern norway as well as author of russia's geo economic strategy for a greater eurasia regimen cross-like rules in effect that means you can jump anytime you want and i was appreciating let's go to oslo 1st glenn we have this pandemic ongoing and we have been in crisis in the energy markets and it's easy to conflate the 2 and one in the energy situations in the markets has gotten worse as a result of this pandemic but they are very separate things and i would say right off the bat that this is the result of disastrous policies particularly by the united states.

university of southeastern norway as well as author of russia's geo economic strategy for a greater eurasia argument right.

in a lot more i'm joined tonight by ian bremmer he's president of the global risk assessment group eurasia and jeezy media he joins me from new york city even it's good to have you back on the the day to be as important i guess to remind our viewers that donald trump has accused the w.h.o. this week of failing to warn the world in time about the 10 demick he's been accused of scapegoating the w.h.o. trying to deflect blame that he waited too long to prepare for the outbreak is this statement trump white house spin. there's a lot of spin going on and there let's be clear there's a lot there's more than enough blame to go around for all all of these organizations the world health organization is not perfect it was carrying water for china in the early days when when the chinese government was perking up the human to human transmission the world health organization was passing along chinese data. in an uncritical fashion and they know better but it's hard for them because china is also a major donor to the w.h.o. of course the trumpet ministration has had more than its share of mistakes in th

coming, look for ian bremmer of eurasia group. an update on a cheap euro world. this is bloomberg. good morning. ♪ tom: good morning, everyone. frommberg surveillance," london and new york. in six weeks county, maybe five, maybe seven -- i think six weeks lift, an interesting correlation in the market. there are some exceptions. i would point to brazil as well. but nevertheless, an interesting and optimistic start on a monday. erik nielsen was thus -- with us from unicredit. there are eight ways to go here. and i can focus on italy and the unicredit mandate and all, but i really think on a monday it is time to focus on christine lagarde. what are her degrees of freedom right now in the political economics she faces? how constrained is madame lagarde? think, tom, that you probably have a central bank with amazingly free hands at this stage. and you have seen it through the extraordinary programs that they invented on the spot. we were all, including myself, screaming for the need for whatever it takes, and she did not like it and it was very clear there was some big hangover about t

we heard from china's ambassador to the u.s., he was speaking to the eurasia group's ian bremmer, chinaill committed. the deal includes buying and theyral products, are continuing to remove restrictions on foreign companies in the domestic financial market. we saw that with financial players able to increase ownership camps in the last few weeks. that was the ambassador to the u.s. saying it is still being implemented by the chinese. mackenzie in beijing. let's get you a check of business flash headlines. if as we watch what is going on in oil markets. kia motors is suspending production of three plants in south korea as the coronavirus slashes demand for cars. two of the factories are closed and the other 300 kilometers to the south. upcomingiscuss the earnings season, what that could look like. because you can't get to the theater, we're bringing the theater home to you, with xfinity movie premiere. there's a world full of other trolls. how different can they be? our brand-new service that lets you watch all the latest movie releases from the comfort of home. trolls world tour availab

germanled world and controlled war including all of eurasia.re have been other -- the civil rights movement. the freedom writers going out into alabamama to try to encoure black farmers to go to vote despite the threaeat -- serious threat of f being murdered and being murdered themselves. what humansamples of can do and have done. and we see many signs of it today and that is the basis for hope. amy: noam chomsky, the world-renowned political dissident, linguist, and author. speaking to us from tucson where he is sheltering at home. professor, talk for more than half a century. amid the pandemic we still want to wish a very happy birthday to david prude, anna ozbek, and maria taracena. democracy now! is working with as few people onsite as possible. the majority of our amazing team is working from home. >> this is al jazazeera. ♪ anchor: you are watching the newshour live from london. cocoming up in the next 60 minus -- global deaths from coronavirus tops 100,000 but many countries are 30 to see some hope. organizationlth mourns governments aga

brussels time for what o eurasia will be a discussion to game out a collective fiscal response to theus crisis morgan, i was speaking to two political xheb taters at the council on foreign relations that say if they fail to reach consensus you could see a rise in anti-eu sentiment something during the negotiations in 2011. back to you. >> i'm still wrapping my head around the 94% stat you just put out there as well, seema seema moody, thank you >>> let's get the latest on the coronavirus outbreak sue herera has that for us at hq. >> i do, morgan. good morning here's what's happening at this hour dr. anthony fauci says he's encouraged by how americans are working to flatten the curve on the "today" show earlier he also said the latest data on expected u.s. deaths is looking much better. >> i believe we are going to see a downturn in that and it looks more like the 60,000 than the 100,000 to 200,000 having said that, we better be careful we don't say okay we're doing so well we can pull back we still have to put our foot on the accelerators when it comes to the mitigation and physical s

. >>> let's bring in ian bremer president of the eurasia group. you say it's posing an existential crisis for europe. how so? >> not today but certainly over the course of the next year or two, you remember the greek crisis when we had stronger european leadership and the economics were less challenging than they are today, and the ability of the europeans to come to agree to bail the greeks out almost didn't happen. it almost was the end of the eurozone. think about the next couple of years, just how much pain the italians, the spaniards, the portuguese, others are going to be in economically. it's, by far, a much bigger economic pull down. and the germans have been great in terms of running germany, but the willingness to actually provide the level of redistribution that would allow for the southern europeans to grow again just isn't going to be there. and in that, you have to understand where the politics are going to be from some of these countries, how much euro skepticism you get. the eurozone is probably runder much more trouble and pressur

joining us now to take a global look, president of the eurasia group.us, but potentially good signs out of italy. >> several weeks into lockdown that we're seeing the caseload and the death load tail off of it. but in terms of the death rate per case, they've been inching a little higher and that implies that it's because the total test numbers are undertesting from what you would like to see. i still think we're at least a month, maybe more than that before you could really imagine any of these countries significantly reducing the level of lockdown they have. and of course, the economic implications of that for these countries will be massive. >> you tweeted this, quote, you don't need an authoritarian state to fight coronavirus effectively. germany, singapore, south korea and taiwan all doing very well. you need a government that prioritizes science and expertise and a population that considers their authority legitimate. explain. >> yeah, you could have added canada, new zealand, to that list, and singapore is not authoritarian. what do these countri

. >> joining us now is ian bremmer, the president of eurasia group. tell us about that. china's fault? you always give us a great global perspective. >> great to see you guys. pence is absolutely right about that. just a few days before the 20th, the world health organization was reporting that there was no human to human transfer in china according to chinese authorities. for the first month when they knew about this, they were covering it up. and while they were covering it up, 5 million chinese minimum were going about traveling from wuhan, the epicenter as we know originally of this virus, around china and around the world. and that's how we got the original explosive outbreak in china and in places like italy and iran and washington state. so there is no question, we would be in a very different position today if the chinese were forthcoming with us and the american people. that doesn't mean the united states hasn't made mistakes since, but the original sin lies firmly on the door of beijing. >> two things can be true and two things are true. one, china acted irresp

in an interview with eurasia group saying, china is still committed to implementing this phase one dealontinuing to buy u.s. agricultural goods and some of the restrictions. what isown and assess described as the changing amendment which continues to wreak havoc on the global economy. --rishaad: let's quickly look at what we have got in terms of equity markets in china. down but certainly not out. the small-cap index, to the downside. supply,igures, money adding a little bit of support for those optimists out there. this is bloomberg. ♪ ♪ atlinda: you are looking live pictures of the lion city, singapore,0 a.m. in at the middle of the trading day, hovering at about flat. losses in large-cap stocks. singapore airlines. stricter enforcing enforcement. they will impose fines on those who flout social distancing rules. all beaches have been shot. some nature reserves are out of bounds. the government says tougher measures are necessary, are needed, as it reports the highest number of new cases yet. sti currentlye down about 1/10 of 1%. let's get the first word headlines with carita mitchell

european union which is basically a big you know stretch in the southwest and direction of being eurasia that they gear they have these peninsular is not to go into you the oil and the gas from the rest of the corner. is absurd. it's against their laws of nature so when i hear this award energy independence it's not about independence it's about discriminating against congress. yes you are right bailing out your friends who are producing quote using this very very controversial you can all with your freaking hope hold up on we're going to go to one short break and after that short break we'll continue our discussion on the oil market stay with r.p. . but i. can. see yes. i was on the floor some things in my basket you know my brain. has just come. and it's time for us to go down to work since i was having children fever i didn't have any sense of say source now i'm going to lose you. would you. lose recently she has a little distance to. live on simon is on the grounds of the reasons. i have to. push myself because it is for me in the papers i got to. go. is your media a reflection of re

joining me now is ian bremmer, president of the eurasia group ian, great to see you. lovely backdrop, by the way, which is neither here nor there. >> i did it all for you. >> it's really -- >> -- together >> it's really lift mig spiringy spirits. but tell us how dramatically you think these trends are shifting because of coronavirus what's it going to look like in the future >> well, we're going to move from a just-in-time supply chain to a just-in-case supply chain that means we're going to see a lot more production where consumers actually are china will be less the factory of the world there's also going to be a lot more inequality in the supply chain, because you're going to take a lot of the labor costs out of it. you're going to try to make it more efficient in terms of labor, as you have to create more resilience, which itself is more expensive this is particularly going to hurt the u.s./china relationship, which was already moving in that direction on the technology side, as you know i mean, companies like twitter and facebook aren't doing business in china. a

university of southeastern norway as well as author of russia's geo economic strategy for a greater eurasia originally across the uk rules in effect that means you can jump any time you want and i was appreciated let's go to oslo 1st glenn we have this pandemic ongoing and we have been in crisis in the energy markets and it's easy to conflate the 2 and one in the energy situations in the markets has gotten worse as a result of this pandemic but they are very separate things and i would say right off the bat that this is the result of disastrous policies particularly by the united states using a series of tax breaks sanctions and really just unprincipled market behavior to try to support american energy companies and it's all blown up in their face in a pandemic has made it even worse and i don't think there's any really any real road back i mean this is some of the most worse was poorly thought out policies i can imagine and people and average working people are going to pay for it go ahead learn. it well i agree with that assessment because. this has been very much all shared all of the u.

people were cutting down forests and peninsula eurasia for development for agriculture, for the timber itself, cutting down that forests destroyed fruit bat habitat fruit bats were displaced they had to go looking for food for nectar somewhere else, they started going closer to human settlements if there orchards they were attracted to the orchards fruit trees planted by humans. some of the fruit trees planted by humans run pig farms it was a second stream of income for the pig farmers around these great big factory scale pig farms in northern and central peninsula malaysia. some of these farmers even planted mango trees and another kind of fruit tree called the water apple, very close to their open air pigs dies in it some cases shading the pigsty's. the bats come to the fruit trees planted over the pigsty's they eat the fruit, they chewed the mango they true entry and shoot the water apple they dropped the pulp into the pigsty, they dropped their feces they drop their urine, they drop their virus into the pigsty, the pigs pick it up the pigs get sick in the pigs it's a very factious

eurasia group founder and president takes a look at president xi's mishandling of the outbreak and domesticarization in china. internally, the fact that xi jinping did cover this out for the first month caused enormous opposition to him domestically that they needed to battle. this was by far the biggest crisis he has faced, just like other leaders around the world, and of course, since then, their economy is restarting and there was tremendous quarantine, a lot of pride around that, but there was still a lot of domestic opposition on top of that. internationally, the chinese are the economy that is restarted and that is good for supply chains for them, but they are also increasingly having angers pointed at them, especially by the united states and if it turns out the united states and china are in a cold war on the back of xi jinping's mishandling of this, again, a big crisis. you know, i see a lot of media around the world that says china's economy is in best shape coming out of this given the state of authoritarian capitalism and surveillance. all true. we could -- should recognize xi j

i spoke to the president of the eurasia group earlier who warns about the potential fallout of theseing to seek more decoupling of the u.s. and chinese economies that was happening before coronavirus and the technology space, google, amazon could not get into china and we were not letting why ncc and the united states telling our allies not to come out. zte.awei and that will go further in medical supplies and personal protective equipment but more broadly than that. and if the two sites should not meet each other without interdependence, the potential of a fight ask leading is greater. fight potential of a escalating is greater. haidi: what is the risk if we continue to see this decoupling? day think covering news all we continue to see the decoupling starting from last year. it is becoming escalated from trade areas to investment and certainly to technology and potentially capital and human mobility. [indiscernible] during covid-19 taiwan has u.s.e a centerpiece of the china potential geopolitical strategic complex. taiwan has more prominent international voice and away during the

earlier president trump joining world leaders yesterday in wishing johnson a speedy recovery joining me eurasiaraler great to have you this morning thanks for joining us to much to talk about in regards to this to this virus i want your take on boris johnson certainly and uk first what strikes you what is most important from your standpoint this morning, as you have studied this, as well, over the proceeding couple months. >> most important i think, is that the united states, and the developed world as a whole did she expedite late on health care side of this, is responding very strongly, economically, are about the ability to ensure that we have adequate relief for all parts of the economy so we have necessarilily shut down at least for a few months appears to be there you already commented last few moments on japan, stepping to the plate, we are seeing that strongly from germany from uk and from the united states, even absent coordination among those countries, individually, they are taking the economic responses truly required given the scale of this crisis, we are going to need a lot more o

. >> joining us now, president and founder of eurasia group and editor-at-large for "time" magazine,. and president and ceo of the international rescue committee, david miliband is joining us as well. it is great to have you both with us. >> and alex, i understand that we have breaking economic news, the gdp? what is the exact -- it shrank 4.8%. so ian, let me begin with you. we actually do find ourselves in a difficult position with china because here is a country that we're supposed to share the global stage with over the next 50 years. and their leaders are talking like the soviet union talked 50 years ago. as if we don't have the internet, as if we don't have xerox machines, as if we don't have the ability to communicate, as if we don't know what happened in china as this outbreak was ravaging their country. they were lying to the world. they were persecuting doctors who were whistleblowers. and they were not cooperating with the united states. what do we do? >> well, it is certainly true that right now internationally the chinese are doing a little better than the americans are