ofedith sumpter, head research strategy and operations at eurasia group.oming up on this program, with millions of parents working from home and millions more out of work, we are going to talk about childcare providers. this is bloomberg. ♪ romaine: welcome back. cities and states across the u.s. attempt to restart their economies. lack of childcare could be the wildcard. shelley covers technology for us here at bloomberg and she wrote a story about this that provided a relatively illuminating look at some of the challenges. let's start off with what every parent seems to already know. if you don't have schools and day care centers and other childcare facilities, it is kind of hard to get back to work. >> for a long time, we kind of ignored the fact that workers have families and the pandemic has brought that into focus. even as states and cities start to reopen, some are not reopening childcare services, and even if they do, a lot of parents don't feel safe. women have been impacted by this, the burden has predominantlyomen more. women end up being in a s

much, evenk you so bremmer, founder and president of the eurasia group.py to say that he will be back in the second half hour of balance of power. in the meantime, we will be sitting with an internet law expert about the proposal from the president to curtail social media. that is coming up next on "balance of power" on bloomberg television and radio. this is bloomberg. ♪ berg. ♪ david: this is "balance of power" on bloomberg television and radio. i'm david westin. yesterday, president trump signed an executive order that at least moves toward taking away some of the legal immunity that social networks have enjoyed. the question is can he go as far as he wants to go? we welcome an expert on internet from the u.s. naval academy in annapolis. he is here in his private capacity, not representing the u.s. navy or the federal government. this is his expertise, and he has a lot of it on the subject. thank you for being with us. we have to start with section 230 of the communications decency act of 1996. that is what president is focusing on. what does that do?

so: ian bremmer, thank you much, and all of your experts at eurasia group.to continue, good conversation through the morning on bloomberg television and radio. the terminal moving to the highlight of the day, chairman powell's speech at 9:00. this is bloomberg. ♪ ritika: this is bloomberg "surveillance." up ongas sands is giving its $10 billion casino project in japan. they object to language that would limit the japanese license to just 10 years and government officials could change the terms in a way that would hurt profit. officials in washington and major cities are turning down to buy grubhub. if there is a deal, it is likely to face antitrust scrutiny. americans should be prepared to pay more for meat. -- some plants are running slower than normal because of social distancing and some production lines will be fully automated, resulting in higher costs. that is your bloomberg business flash. gupta, thank you so much. we have been talking with members of johns hopkins university about this pandemic. lauren sauer has been kind enough to join us repeatedly

-china business council as well as views from eurasia. next, we hear from one stock picker and get their view on where investors should be looking as the world struggles with the coronavirus crisis. ♪ nancy pelosi says the house will review the senate bill that would impose restrictions on chinese companies listed new york, though she stopped short of promising a vote. she admitted the legislation has two-party support in the senate, but says the house will give it consideration. the bill foots further pressure on china ties. ofan declared a state emergency in tokyo as soon as monday if the downward trend in coronavirus infections continues. restrictions have been eased in osaka and surrounding regions, but the capital and nearby areas must wait longer. says minister shinzo abe the government will always put people's safety first amid fears of a second wave of infections. for twobiggest storm decades has cut power to millions in the northeastern city of kolkata. to ayclone is weakening tropical depression as it moves into bangladesh. alie

ian bremmer president of the eurasia groups. >> one last comment, ali. >> sorry. admiral.o ahead. >> we both agree ian needs that haircut and could look at good as you and i do if he got that haircut. last thought, think of these as cars. i think these institutions need tune-ups, but to drive them over the cliff would be a big mistake. >> well said. thank you, gentlemen, for joining me this morning. ian good luck with the haircut. ian bremmer president of the eurasia group and host of g zero on pbs, which you should watch. a lot of fun. and the admiral, nbc's chief diplomacy analyst and author of "ten ways ". ways ". and also deliver the peace of mind of knowing that essentials like prescriptions are on their way. every day, all across america, we deliver for you. and we always will. that's why working together ist more important than ever. at&t is committed to keeping you connected. so you can keep your patients cared for. your customers served. your students inspired. and your employees closer than ever. our network is resilient. our people are strong. our job is to keep

. >>> coming up a little bit later on, eurasia group's ian bremmer has a warning for the world. he says, expect a wave of bankruptcies and a long-term need for massive subsidies we'll speak with him about that, ahead. plus, senator richard burr temporarily stepping down from the intel committee amid an fbi probe of his coronavirus stock sales. we'll get you the very latest. >>> and there are lots for covid-19, especially with the antibodies with more on the way, but a lot of these have fall negative rates, including the one at the white house we'll look at the data on success rates as the show continues. (soft music) - [female vo] restaurants are facing a crisis. and they're counting on your takeout and delivery orders to make it through. grubhub. together we can help save the restaurants we love. ♪ ♪ ♪ ♪ there are times when our need to connect really matters. ♪ to keep customers and employees in the know. to keep business moving. comcast business is prepared for times like these. powered by the nation's largest gig-speed network. to help give you the speed, reliability, and se

university of south eastern norway as well as author of russia's geo economic strategy for a greater eurasia and in budapest we crossed the george said you know he is author of bombs for peace nato's humanitarian war on yugoslavia our gentlemen us up close and in fact that means you can jump in here and i was appreciated ok let's go to budapest 1st story you know for the last 3 and a half years almost or it's being called russia gate this hoax there is been. foisted upon us by the media and by the establishment primarily on the left. but you know what it should be called obama gate because of what has happened with slim gate you get my point go ahead george absolutely peter the revelations during the past 2 weeks have been stunning i mean we 1st will have the revelations about the mosque or the unmasking request which previously we have been told by james clapper the former director of national interest that's very rare that almost never happened and only the most senior level of the ministration have access. now it turns out that every single act yes this is the secretary in any department

under vauxhall is the director of the russia and eurasia studies center at the henry jackson society he says russia may be trying to hide this scale of the pandemic there are reasons to be skeptical i think about what the kremlin say is. often when when russia or all president putin is pushed into a corner he lies we saw we've seen that any number of times over recent years we know that russia initially attempted to to suppress both the statistics and also those who wanted to tell the truth about the statistics as i mentioned earlier they and you number of doctors for example that being said there are no officially at least 234000 cases in russia and there have been about a 1300 deaths so we all seen a degree of openness for the kremlin on this but i don't necessarily think that that tells all the story as i say all thora terry regimes in general 1st of all attempt to hide bad news from their own citizens and when they're not able to do that they tend to hide bad news from the outside world. still ahead on al-jazeera you've got mail china has created one of the most sophisticated del

result to destabilizing activities such as a dangerous new arms race leading to possible be scared of eurasia. the prospect of a new cold war scenario loons on the horizon as washington accuses beijing of seeking a confrontation in a scathing new policy paper also moves to cut off chinese companies from the u.s. stock market also ahead.

at then, we will look international relations of the moment with ian bremmer of eurasia group, past theur. three days of jobs data in america, this is bloomberg. ♪ ♪ bloomberg "surveillance," good morning, everyone. shocking economic data everyday as we pick up the march and april data. we moved to jobs on friday in the united states. we are thrilled to bring you lord robert skidelsky of warwick, and acclaimed author of many books. you wrote a jewel out of the financial crisis, "keynes: the return of the master." everybody in the foxholes is a keynesian, trying to figure out government support forward. that is great. how do we pull the government support away one year, two years, and five years down the road? how do we do that in an efficacious manner? robert: the government support should play a part in reviving the economy. that is how it works. you support the economy in the downturn and then that support helps the recovery. the government support falls away naturally. that is to say, if you think of it in terms of the deficit, at falls away, it reduces naturally as revenues increase

talk more about the situation in russia with dr andrew foxhall who's the director of the russia and eurasia study center at the henry jackson university he's joining us from london thanks for your time with us on al-jazeera so despite lockdown measures being put in place in russia the number of confirmed cases you're seeing continues to rise rapidly it's now surpassed china and iran as the country with higher infections than those how big a crisis is this for the country. well president putin seems to be observing the are digital you shouldn't let a crisis go to waste so what we're seeing internationally is that the russia has sent aid to italy it has sold or send aid to the united states it has sought to in a sense reestablish itself as a key player in the united nations general assembly by proposing a resolution which will be it was not passed which would have seen an end to economic sanctions so russia has internationally seeking to take advantage of the situation but domestically as as your question suggests the country is facing a crisis and it's a crisis that that is getting increasin

-china business council, eurasia group, and peking university of china. they will all join us later. we are just getting some breaking news crossing the bloomberg when it comes to fitch ratings outlook on australia, cut to negative from stable by fitch. fitch seeing australia gdp growth of 4.8% in 2021 and seeing a contraction for australian gdp growth of 5% in 2020. the negative outlook, fitch says, affecting the outlook of the coronavirus endemic on australia's economy and its public finances. they see a sharp fall in growth and government spending in response to the economic crisis will cause large fiscal deficits and a sharp increase in that to gdp, hence that revision downwards. the treasury in the meantime do expect that australia will retain 60%. -- the measures are being used in stages across parts of the country. shery: the pandemic having an impact on individual firms. we are getting and other it on the bloomberg. ibm is cutting jobs in a far-reaching workforce reduction. ibm confirmed the move. they have declined to comment on the size of the c

and the senior vice president for europe, eurasia, the arctic, director of the europe row graham and author of the kremlin playbook and the kremlin playbook two among other publications. thank you for your participation. book and anus objective look at disinformation, political warfare, and other comfortable terms. ♪ c-span's washington journal, live every day with news and policy issues that impact you. we discuss the latest on the federal response to the coronavirus pandemic with virginia republican congressman ben cline and new york democratic congressman -- c-span's washington journal live at 7:00 eastern this morning. join the discussion. new book, talking to strangers, malcolm gladwell details why he thinks people make inaccurate judgments about people they don't know. >> step out of the car. i'm going to threaten you out of here. >> you are going to drag me out of here? >> she is in prison for resisting arrest and two days later she hangs herself in her cell. they tragic and unexpected result. exchange we saw which goes on and on, we saw a small snippet of it. when i first saw

header conley senior vice president for europe, eurasia the arctic director of the europe program csi and the author of the kremlin playbook and playbook to among other great publications. thank you both for your participation, and a real serious look at objective one disinformation, political warfare and other comparable terms. thanks everyone. and we'll see you online. >> tonight special edition of book tv with a focus on politics. beginning at 8:00 p.m. eastern author larry dimon discusses his book ill wins on the impact of covid-19 on democracy around the world. then alina dos no justice in the shadows. later author and former national security advisor to president trump, h.r. mcmaster talks about the political impact of covid-19. watch book tv, tonight and over the weekend on cspan2. >> friday night starting at 8:00 p.m. eastern on c-span watch class of 2020 commencement speeches by dr. deborah birx in new york hurt ohio governor mike dewine with this alma mater miami university in oxford, ohio, said nancy in northampton massachusetts, democratic prejudicial candidate joe biden d

-controlled world and a german-controlled world, including all of eurasia - a horrifying idea. well, it was overcome. there have been other serious - the civil rights movement, young freedom riders going out into alabama to try to o encouragee black k farmers to go to voto, despite the threat, serious threat, of being murdered, and being murdered themselves. these were some - this is examples of what humans can do and have done. and we see many signs of it today, and that's the basis for hope. amy goodman: noaoam chomsky, world-renowned political dissident, lingnguist, auauthor, spspeaking to us from tucson, where he is shelteriring from home. we will speak to him in a moment.  [music break] amy goodman: t this is dememocy nonow, democracynow.org, the quarantine report. i'm m amy goododman. we return n to our c conversatn with noam chomsky. if you can t talk for a moment, globally, abouout what's happengng on an issu that has been close to your heart for decades, and thatats the occupied territotories, gaza and t the west bank, what it means for a place like gaza, calllled by

. >>> joining me ian bremmer, president of the eurasia group and g zero media.ee china's minister of defense saying don't demonize or stigmatize this law. all will be fine. i've seen how china handles internal dissent, they imprison people, they stifle online discussion even of things. how should folks in the u.s. look at the sedition of hong kong? is it an attempt to apply chinese kind of authoritarianism to hong kong? >> the chinese of course are never at fault for anything they do domestically. they said they handled the coronavirus transparently, they said the uighurs are only having voluntary education camps. i mean, this is going to be a complete change in trajectory for hong kong, as comparatively independent economic entity, and in an environment where so many people have done business there because they want to have a foot in both places, they want to be able to do business with western rule of law, but they want access to the chinese market, and environment where the chinese foreign minister just yesterday warned that we might be heading into a cold wa

. >>> i want to bring in ian bremer, the president of the eurasia group. open skies. work anymore anyway? we have satellites and other ways of gathering information. >> it was useful in the sense that the allies and the americans generally believe that the russians had to be more circumspect about their invasion into southeast ukraine because if they had maamassed a lot of we would have been aware of it through open skies. getting rid of that makes it harder for our allies to do that kind of surveillance. but again, first, we claim the russians have been in breach of open skies because there's been a lot of air traffic that they've not been willing to allow the americans and others to engage in, according to the treaty if it's for air safety reasons, you can push back and say, you're not allowed. if it's for national security reasons. leaving this treaty, it's on balance a smaller deal than when the americans left the intermediate nuclear forces treaty under president trump about a year ago. it does undermine the ability to start the new s.t.a.r.t. arms control agreem

university of south eastern norway as well as author of russia's geo economic strategy for a greater eurasia and in budapest we crossed the george said you know he is author of bombs for peace nato's humanitarian war on yugoslavia our gentlemen are stuck rules in effect that means you can jump and i want and i was preaching ok let's go to budapest 1st george you know for the last 3 and a half years almost form it's being called the russia gate this hoax there is been . foisted upon us by the media and by the establishment primarily on the left but you know what it should be called the obama. because of what has happened with slim gate you get my point go ahead george absolutely peter the revelations during the past 2 weeks have been stunning i mean we 1st will had the revelations about the mosque or the unmasking request which previously we have been told by james clapper the former director of national interest that's very rare that almost never happened and only the most senior level of the ministry should have access. now it turns out that every single acting assistant secretary in any de

ian bremmer is the founder and ceo of the eurasia group, i believe we have him now.ne of the things that kayleigh mcenany was asked about was the president's thinking about how to deal with china going forward, she was also asked about the w.h.o., i know that you pay attention to a lot of these matters. how was china reacting to the united states position here about an increasingly vocal position that china really did the wrong thing by not being transparent and allowing the virus to get out? >> strong and complete denial, pretty active efforts by the state-controlled media to get the counter narrative out more assertively than we would usually see from the chinese, but they really do not want to pick a fight with the americans, because of course, this is having a huge impact on their economy too. we cannot afford it either. so you see a lot of tough talk, but you don't see a lot of escalatory policy against the americans right now. i think that they are very much in wait and see whether the bark is worse than the bite from president trump. >> dana: what do you think

and fox hole is director of the russia and eurasia studies center at the henry jackson unit society he says russia may be trying to hide the scale of its outbreak there are reasons to be skeptical i think about what the kremlin say is. often when when russia or or president putin is pushed into a corner he lies we saw we've seen that any number of times over recent years we know that russia initially attempted to suppress both the statistics and also those who wanted to tell the truth about the statistics as i mentioned earlier they and a number of doctors for example that being said there are no officially at least 233000 cases in russia and there have been about a 1300 deaths so we are seeing a degree of openness for the kremlin on this but i don't necessarily think that that tells all the story as i say all story terry regimes in general 1st of all attempt to hide bad news from their own citizens and when they're not able to do that they tend to hide bad news from the outside world. marker has the latest from london on the mounting number of deaths in the u.k. . 28446 deaths that's

timely he manner open transparent about lettering nations about this outbreak, joining me right now eurasia the w.h.o. came out with a tweet january 14p, in that tweet it said there is no human to human transfer of this disease. and that was not true. you know that i know that now we all know that. now this report is saying that xi jinping pressured the head of the w.h.o. to downplay this. reaction. >> bad journalism really surprised by it they say this was on 21st conversation between xi jinping and the direct general world health organization but january 20th a week after, that tweet, that you just pointed out where they said there wasn't human to human transformation where whv when was taking china's world world health organization has come out finally actually said yes, there is human to human transmission, so i mean, one you know the very least i am not sure why a decent journalist would come out with thats indeed there is no record of conversations between director general, and xi jinping on that date 21st the problem you raised is still there report seems shoddy. maria: well, it soun