francine: but why? rep. pelosi: this is it -- please understand what he has accomplished, what it means to you at your kitchen table. and most people i am realizing are not thinking about politics that much. they are thinking about their own challenges and the rest and we have to have him relate to that. no one is better at that than he is. joe biden is mr. empathy. he cares deeply about people, he truly does. he is a great president, he will be reelected. elections are hard. they are called campaigns, that is a war term. but we will be ready and as i say, we do not agonize over what is not, but organize for what will be. francine: what has it been like for democrats to be the minority? rep. pelosi: not a good thing, i don't recommend minority at all. we are going to win it back, we have every confidence in that. they said we would lose 40 seats, 30 seats at a minimum, and we lost five. that was not good enough, i wanted the majority, but we can win five seats, more than five seats. francine: how have you ch

francine: in terms of ai?cy: ai is a double-edged sword and that is in my district, to and from san francisco. and the people i know who care about our country care about our country and know that it is a double-edged sword that we need guardrails, we need standards and the rest so that the double-edged sword does not do harm, but instead does good and it can do some good. but right now we have a strike in the creativity industry with writers and actors and the rest, and there has to be respect for the creativity that they have. and ai has an impact, could have an impact on that. and we have to recognize that. write laws to respect that. in our constitution we have respect for copyright. francine: do we need to regulate ai and social media? nancy: we need to regular that. it's been a double-edged sword doing tremendous damage and good. that is really sad, but who would want to reverse the ability to have health, technology and education and commerce and family communication and all the good things that spring

francine: because it is fun? what was the most surprising thing about your job since you first started? patrice: there are so many things. probably the thing that actually attracted me to this opportunity is the opportunity to work with ralph. right? this man is a visionary, incredible entrepreneur, has had amazing success around the world, and the opportunity to work with him and partner with him is really special, and i cherish it every day. francine: you have to get along because he is still such a figure. he has his name on the door. patrice: he does have his name on the door. francine: how much of it is his vision? patrice: it all starts with his vision. what is exciting is when you see where this company started, a tie. see what it has become. it is all being driven by a consistent vision and consistent purpose. i have talked about, our purpose is to inspire the dream of a better life through authenticity and timeless style, and that has been the driving force of the company. now, we are all around the worl

francine: how do you read that? rep.i: we do not wish a failing economy on anyone, but we do not say "oh my gosh." some people have an attitude, i profited from it then, but it was worth it to me to go along with the whole china thing. money has been a sad factor in this because from the start corporate america just said "we do not care about human rights." i don't think they mostly ever have. they do not care about human rights, and the security pieces they should have. on the trade stuff, most small businesses who would want to trade to china were completely cut out because the chinese said if you want to sell to us you must manufacture here, and if you manufacture here, we want to see your designs, and if we have your designs we don't need you anymore, and by the way you are not selling here. you can compete with us in the global market. francine: up next, nancy pelosi on why artificial intelligence cannot be a free-for-all. rep. pelosi: we need guardrails, standards and the rest so that this double-edged sword does n

francine: thank you for your time today.itsotakis: thank you so much. ♪ ♪ is it possible to fall in love with your home... ...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. >> i had gone to four olympics. i was a six-time olympic told netlist. it felt like it, at that level, if you cannot ask for this and get it, then who is going to be able to do it? >> in the world of track and field, allyson felix is quite literally unmatched. >> allyson felix takes it for th

francine: is a boring?ine: -- bill: corporate earnings are still strong while the balance sheets -- while the governor's balance sheets are stressed, corporate balance sheets are great. consumer balance sheets and most of the markets are in pretty good shape. discretionary spending is going to come down as interest rates stay high, but it is not causing the system to break. guy: that was bill winters speaking with francine lacqua. i want to take you through some of the action we have seen in the equity markets. the ongoing was a big -- ongoing ozempic story is interesting. fascinating from pacific -- from deutsche bank. people are going to find new close and where will they buy those from? they will buy them from adidas, bloomberg, -- puma, h&m. it has not had that big of an effect on the stocks. nevertheless, everybody is figuring out what impact we could see here and what we could see ultimately be reflected in the stock prices. i want to take you to the restaurant group. this is about mama -- there is a

francine, over to you.ncine: we are on the road again to try to follow the movers and shakers to figure out exactly where they are in the next 12 months. we are delighted to speak to david, to have an idea what the next 12 months will bring in terms of ukip owes -- u.k. ipo's. >> not a great environment, concerned about inflation, concern about china and the political situation in the u.s. having said that, the pipeline is growing. london continues to be by far the most effective this investigation europe. i expect the pipeline to continue to grow, and when the risk environment shifts, the ipo market will improve. >> i guess there is a danger that ipo and business moves elsewhere, outside europe to new york. what do you tell them? >> i think there are a bunch of different aspect of this conversation. plenty of companies feel that london, europe is their home. we are the most international financial center and that includes the most international listing destination. you may be a company that gets lost in th

it is the glorious esther studholme, francine and aidan magee. francine lewis and aidan magee.rs, the brilliant is next. brilliant mark dolan is next. happy friday. hi there. it's aidan mcgivern here from the met office the news forecast office with the gb news forecast , further showers for , further rain or showers for many us this weekend with , further rain or showers for many gusty this weekend with , further rain or showers for many gusty winds eekend with , further rain or showers for many gusty winds around with , further rain or showers for many gusty winds around ash , further rain or showers for many gusty winds around as well. some gusty winds around as well. >> but there will be some drier and interludes, and brighter interludes, particularly central and particularly across central and southern . now, overnight, southern parts. now, overnight, we're going to see a continuation of the showers. in fact , an continuation of the showers. in fact, an intensification of the showers some southern and showers across some southern and southwestern parts. so longer spells ra

francine: welcome to the best of the earth shot prize summit 2023, i am francine lacqua,

francine: welcome to the best of the transition forum. i'm francine lacqua.ther business leaders to focus on what's been achieved in transition finance and propel continuing action.

any time be overthrown i hope francine gets the freedom she deserves and the situation improves day by day. from the fear on the faces of the israeli soldiers, you can understand how much they fear the muslims and their alliance. they attacked israel by surprise and pinned them to the ground, and i hope that in the coming days and next month, we will be able to pray in the holy place, as our leader said , we will pray in the holy place in the next few years. in addition to the fact that the israeli regime has been declining in recent years, all the countries that are normalizing with it are betting on a losing horse and are doomed to the palestinians are also a failure, they are very oppressed, they have been oppressed, so we, as muslims , have a great duty to support them . the new guard wall in walisar square in tehran was unveiled under the pretext of al-aqsa storm operation in occupied palestine. due to the operation of al-aqsa storm of the palestinian people against the zionist regime , the newest mural in wali asrsar square in tehran was cut in half this sunday morning. the desig

i hope francine will get the freedom she deserves and the situation will improve day by day. from the fear on the faces of the israeli soldiers, you can understand how much they fear the muslims and their alliance. they attacked israel by surprise and pinned them to the ground, and i hope that in the coming days and next month we will be able to pray in quds, as our leader said , we will pray in quds in the next few years. in addition to the fact that the israeli regime has been declining in recent years, all the countries that are normalizing with it bet on a losing horse and in the end, the palestinians are also doomed to failure . the chief of the general staff of the armed forces in a message described the palestinian resistance operation against the zionist regime as proud and congratulated the palestinian fighters and mujahideen. it proved and proved the nightmare of its collapse as a certainty for the leaders of this regime. chief of the general staff of the forces armed also by reja'a wathiq daram , the day will not be late when palestinian youth will free al-aqsa mos

de conocerla en persona hace varias décadas y nos explica realmente cómo siente que el legado de francinelas 18:00 de la tarde en vivo desde san francisco to libertad pedraza noticiero telemundo 48. oye libertad! >> son las cinco con 15:00 de la tarde. todavía la gente puede llegar. le están permitiendo a la gente entrar al lugar para darle ese último adiós a la senadora. así es. >> hay una larga fila todavía aquí en el ayuntamiento. llega hasta fuera. de hecho, una persona me acaba de decir que estuvo una hora en fila. solamente para tener un segundo para despedirla. pero me dicen que vale completamente la pena. pueden traer flores? pueden escribirle un mensaje de despedida hasta las 19:00 de la tarde. estará abierto al público aquí para que despidan a la senadora. muchas gracias por esta información. >> libertad. te esperamos más adelante en la edición de las 18:00 de la tarde y propósito del tema un evento en honor a la senadora dianne feinstein se llevará a cabo mañana en la alcaldía de san francisco. es abierto al público y varios políticos estarán presentes para rendir un homenaje.

francine lacqua at the imf meeting in morocco. a couple of panels, flyback, and maybe have a vacation along the way. lisa: i would like to see whether he really starts to observe the culture. jonathan: agree. we will get a phone interview with tom. lisa: we need video. jonathan: national security experts debating whether the u.s. has sufficient capacity to back the u.s., israel, possibly taiwan. this underscores the likelihood of a period of fiscal dominance in which deficits are mostly disregarded an interest rates must adjust to a higher equilibrium. daleep singh joins us now. wonderful to catch up with you. 20 difficult time. -- wasp a difficult time. we caught up with the regional communities network in the last 24 hours. this is what they had to say. he has never seen this kind of geopolitical tension in the last 50 years with the budget position of the u.s. this week. how important is that? daleep: he's right. we have returned to the most intense period of competition in three decades. that will mean more demand on fiscal sp

. >> the managing governor speaking to francine lacqua in london. focusing on capital equity growth in southeast asia, and our guest speaks you -- us about it. >> hello, how are you. >> very good, welcome to the program. tell us a little bit about these ventures and the attraction. >> we invested in southeast asia at this point, a lot of it is early stage investments, which shifted to focus more on southeast asia hardware recently. a lot of it is centered with semiconductors where -- given where the seven -- geopolitics are with hardware supplies and the u.s. and china. we are doing a lot more automation and looking into energy transitions given where the regional grid story is being built in southeast asia right now. >> what opportunities on a start of scale are actually in semiconductors because that seems to be a very capital intensive idea, and that is an industry that needs scale. >> within southeast asia, sunday 7% of the semiconductor hardware front end and backend is located within malaysia. within that, when you're talking about more intens

paul: citigroup chair john dugan with our colleague francine. plenty more to come on daybreak asia. bloomberg. ♪ personal advisors. hey david. connect with an advisor to create your personalized plan. let's find the right investments for your goals okay, great. j.p. morgan wealth management. shery: that relief is in focus at the imf meetings in morocco. sources say closely watched talks for thursday are unlikely to produce breakthroughs on how to level the playing field among lenders when governments default. a reporter is in marrakech. >> we are on the ground and marrakech for the ongoing imf meetings. we heard from a number of finance chiefs, in particular u.s. treasury secretary janet yellen talking about how she is hope will for progress on talks with china. she will meet with the china pboc governor later this week. a number of leaders feel -- fielded questions about how the israel-hamas war can affect their economies, including oil prices, inflation and their volatile currencies. we will pick those attention to how data talks are going with the number of countries in the globa

the fx market but also selling our -- haidi: bank of indonesia governor speaking exclusively to francine london, still ahead fujitsu chief economist tells us how the yen could weaken further on rate differentials and slowing exports. that conversation is next, this is bloomberg. ♪ shery: take a look at how currencies are trading after we saw strength on the u.s. dollar following deadly attacks on israel. we are seeing it hold steady at that 1272 level, a little upside but it is what is on the other side of the break we are following closely with the japanese yen also seeing a little bit of strength given that safe haven demand at this point. really not that much and really in the low 149 levels at this point after four weeks of losses against the greenback already. of course last week we saw more data signaling the potential the boj would do more including japan's wage growth data disappointing. we are also following the euro and the british pound, under pressure at the moment as well as the aussie. some more risk off sentiment spreading across markets but the japanese stock market on ho

francine is leading coverage and eric martin will lead the imf coverage for bloomberg news.h's article is yellen is there and is not showing up like me dropping in one day and leaving, she is committed to the meetings. jonathan: she is showing up. tom: the treasury secretary's drop in and get a photo op and leave. that is not what she is doing. she is committed to the meeting. we will get some news out of washington. on the u.s. economy, we must look at the inflation dynamics of this important cpi report. where is your vector on cpi? how disinflation area are you? and zeek: what is concerning is recent reversal in the -- lindsay: what is concerning is recent reversal. that is why we strip out the volatile components of food and energy so we can get the more clear underlying trend to drive up monetary policy decisions but the concern is we have seen higher energy prices driving prices for quite some time which eventually leads to a reversal in the core upward pressure so the higher energy price steeping into the core component and that can lead to a discernible adjustment. if

it was speaking to francine lacqua at the meetings in marrakech, morocco.he ground in morocco. if you're just joining us, welcome. looking out for cpi later. yields going absently nowhere on the 10 year. 4.5563. just like he said, this is what crude is taking the temperature of. the prospect that we get a more broader conflict in the middle east. lisa: is not just crude but that is the linchpin everyone keeps looking at. it is also natural gas given qatar role in the fact that russia is off-line right now to a lot of the region. you are seeing the response in that market. jonathan: 86.75 on brent. saudi arabia is crown prince discussing the war between israel and hamas with i romney leaders. adam wald -- with iranian leaders. ellen wald joins us. how rare is that? ellen: this is pretty rare. it reflects the fact that pretty quietly this past june saudi arabia basically allowed the iranians to open their embassy in react -- in rihad. it signaled they are willing to slowly pull back from iran is the worst enemy of the people to now we have embassy and we are