. ♪ carol: we're here with the editor-in-chief of bloomberg businessweek joe weber.e start in the finance section.

." ♪ taylor: we are here with the editor in chief joe weber and it starts with the cover for asia.t takes a look at the malaysian prime minister. bloomberg got an interview with him. >> he hasn't spoken in about three years. we were interested in talking to him because this is a couple of weeks before the election in malaysia. it is not a sure thing. if you kept an eye on the country, it has been rocked by this scandal. it's still lingering. they are still investigating. the fbi has been involved in some of it. here we are three years later, he hasn't been public at any of this time and now he is up for reelection. carol: talk to us about the scandal. we have covered a lot at bloomberg, remind us what this is about. >> this is a development fund. the allegations were used almost like a slush fund. it was mentioned as one of the people who might be affiliated. as one of the crackdowns, he has cleared the decks and has asserted himself. taylor: what do his proponents say? the people who support him? he said he has a strong support base, even with the scandals going on. he feels confi

." ♪ taylor: we are here with the editor in chief joe weber and it

. ♪ >> we are here with the editor and chief of bloomberg businessweek joe weber.e have to start with remarks. this is my favorite story. it is a history lesson about the relationship between the u.s. and china and the role that the u.s. has made in developing the time we know today. >> we also try to look forward a little bit. i think this really is connecting dots. now, ita skirmish right could very well escalate into a trade war. there is as bigger conversation about what our relationship with china supposed to be. quite what is so interesting is that you go through the history and it is very much informing where we are and what is at stake. >> that gets to where we might go. not in mind, china was used that long ago and the west physically brought it online. as a result, it has made china pretty wealthy. hello we are seeing from the trump administration is that they are trying to walk a little bit of that back. maybe they came along at our expense. that is where the tariffs are rooted in. what is our relationship going to be? are we going to be partners or is t

." ♪ carol: we're here with the editor-in-chief of "bloomberg businessweek" joe weber.

. ♪ carol: we're here with the editor-in-chief of bloomberg businessweek joe weber.e start in the finance section. cryptocurrencies have captured our imagination this year. but you guys take a story and say maybe it is not the new thing out there. we kind of get this. >> i love ancient history. carol: we have been here before. >> i think this is a fascinating story. crypto and bitcoin really caught the public's imagination at the end of 2017. it stayed there at the beginning of 2018. then sort of maybe gravity took hold. it is a big dvd of where this space goes. peter coy, who wrote the story, did a really interesting job of stepping back and trying to put everything in context and make sense of it. one of the things i am proud of is is this, that is implied is it going to be something else? currencies have been around forever. we used to trade beads, beaver pelts, big, old stone coins. we have a long cultural history of what currencies mean. now we are looking at bitcoin, there has been recent statements from people on the fed who still don't understand it. >> which

." ♪ taylor: we are back with our "bloomberg businessweek" editor-in-chief joe weber. section, we are talking about craft science, a company that traditionally does a lot of emanated fuel growth. they may have to turn organically. walk us through the company. >> craft-heinz, that merger happened a year ago. markets loved it. 3g and buffett had teamed up to bring the deal together. and they know what they are doing. they come in and cut costs, and markets love it because they are reinvigorating this. but the thing is, it really comes about from them making acquisitions. so we have mayo, ketchup, we have everything. what else are you going to do? they were rebuffed in a massive takeover target. they wanted to go after unilever. markets loved the idea, because they were like, this is going to be cost-cutting that will be great for the companies. yet, that didn't go through. unilever pushed back and now kraft heinz is left reeling. what are you going to do? carol: it is a huge package food company. go figure, they have to be a package food company all of a sudden. , not no