in some cases, somebody, the miller has moved from johannesburg, is an attempt to result one of south africa's most divisive issues on the land. ownership of both sides last month allows land considered to be in the public interest to be expropriated without compensation in some cases. but it's a step that slid us president donald trump, the threat since a cut of all funds into the country. the terrible thing. horrible. doing this so that we can government responded swiftly saying no lands being confiscated. and this is what this load is about. and to transfer them from the buttons and adjusted the particular base. and we look forward to engagement with the u. s. condo pulse, well below makes it easier for the government to expropriate, land, legal guidelines, in sure the payment of fair market value and property owners can go to court. some people are worried than you know will mean their land will be seized by the government. and the spot is playing off in social media platforms like ex we own a and do as presidential advise that you learn mosque is accusing the south african govern

i believe i will not attend the g. 20 summit in johannesburg, south africa is doing very bad things. expropriating private property using g 20 to promote solidarity, a quality and sustainability. in other words, d, i in climate change. while they were speaking with a several south african politicians under officials to get their reaction to the us stones on this line this year. so that's because it goes out of democracy data. so for the states, we have our own decisions to make informed whether they lose or for cause addition . and that's what guides us with, that is on extra creation x full, probably good. but also expropriation for the distribution of land is it will be informed by the course the point where provisions of this republic with big decisions are made to they should be made on fact not on misinformation and of said from the beginning. this clearly is the misinformation that is getting into the watch house around what is actually happening until that for to there's no mistakes preparation plan. there's no genocide and there's absolutely no targeting of all 7 people based

but for more than this, we're going across now to for me to mila who's in johannesburg for us, and how blindsided beside the africans government by this move. by trump. yeah. it seems like we're having technical issues today with the meeting. we'll try and uh, get it back up like to in the program. well, us secretary of state, monica rubio says, washington will take action against panama unless it moves to reduce chinese influence over the panama canal movie and made the remarks in the capital during his 1st start the seas trip since taking office last month. the us president has repeatedly threatened to re take control of the canal. outlets in america instead of seeing human has more stern faces all around a secretary of state medical reveal arrived at panama as presidential palace, with a message from us president donald trump, who was the 12 president co. 7, only know that the quote influence and control of china is communist party, over the panama canal area is a threat to the canal and represents a violation of the canals, neutrality, and operations. treaties who be left without m

africa for the upcoming foreign ministers meeting of g 20 i will not attend the g. 20 summit in johannesburg. south africa is doing very bad things. expropriating private property using g 20 to promote solidarity to quality and sustainability. in other words, d i in climate change. while they were started with several south african politicians on officials to get their reaction to the us stones on this land issue . as it goes, it goes out of democracy with the sofa and states. we have our own decisions to make informed whether they lose or for cause addition. and that's what guides us with, that is on expropriation x, full public good. but also expropriation for the distribution of the land is it will be informed by the course not quickly. provisions of this republic with big decisions are made to they should be made on fact not on misinformation in a state from the beginning. this clearly is the misinformation that is getting into the watch house around what is actually happening until that for to there's no mistakes preparation plan. there's no genocide and there's absolutely no targeting

somebody the arches 0, johannesburg, south africa tongue via g. what is a constitutional law? a leg sure at the university of style in boston joins us now from stat and bush in south africa. good to have you with us. you know. the 1st thought that came to my mind is, why is the us prize the weighing in on the issue of land reform in south africa? in particular, there are a lot of countries dealing with land reform issues, confiscation in latin america in africa, and so on. why this one, why south africa? so thank you so much for having me on your for me. i think this is a fascinating question. a question that popped up in a lot of our minds as well. i mean, expropriation is not new in south africa and is nothing new in america as well. right? expropriation is very common in the us, perhaps not for land reform purposes. perhaps it should be, but it's not as common into useful and reform, but it states as you come in in other countries, if you've mentioned that's has been mentioned earlier in one of your reports and i'll just leave that alone. mask is not presidential adviser to

honda, come in johannesburg, thank you for your time with these comments. ad from has donald trump effectively straw, the 2 state solution, or is it in his own unique way, a way of pushing for pete's? i think that donald trump represents a continuation of us policy, a continuation of us interference. and um, i think what's different and, and some what um are almost deliberating for the world to see is that he doesn't really where the mosque. so donald trump says things the things that the us essentially does, but he says them in a way that are quite naked. he says things blatantly and it's actually quite refreshing that the mosque has been taken off the united states of america because they has been no change in the techs on the palestinian people in the support of israel, regardless of democratic republican or whom president was the which which president the united states had mister come claims. everyone and he's talk to love was his idea of the us taking over gals. but officials across the art of world they are just rejecting it. all right. and will those nations they'll be some high force t

what not just back us address here is how me to me that has more from johannesburg is this is not the 1st time. so that's what i'm president silver, i'm a poor son. his government has responded to feedback from you as president donald trump, a back in 2018 when donald trump said made some of the statements of the subject. and president drum up was a ad said that trump should stay out of land reform issues, and so there for goods of africa would handle it. and that it is not the, the american president's business. now this time around or i'm up also has had a more measured response to the search by donald trump, wanting to explain what the land reform is about. and what the expropriation act means for south africans is specifically said that no land has been seized or confiscated and that the act is not a instrument to be useful, the confiscation of land. instead, it's about redressing land ownership. in south africa, this is a country we black people, so the africans only own about a quarter of farming land in the country. ultimately, the plan is to change that we like people own a 3r

for more or less, we're going to go to somebody to mila, who's in johannesburg for us. and so can you just explain how so the advocate has reacted to this news from trump. so it's always we go back a couple of years. we did have some slow remo. poor so with donald trump was last president in that he had said that donald trump essentially has no business interfere reconciled african land reform, and that he should leave donald trump should leave south africa alone. this time around we are hearing a slightly more measured response. one that is more diplomatic, but essentially sub africa standing from on its position regarding land reform and explaining what this is about and that it's constitutionally mandated and protected . ultimately, it's about reforming land ownership in south africa, which is governed by the constitution and a legal framework. and i want to take you through that very quickly because this is the defense by the south african governments. is that one silver? i'm opposed to has already responded both in a statement and on social media saying that so the

africa for the upcoming foreign ministers meeting of g 20 i will not attend the g. 20 summit in johannesburg. south africa is doing very bad things. expropriating private property using g 20 to promote solidarity to quality and sustainability. in other words, the in climate change, while they were started with us, our whole south african politicians on officials to get their reaction to the us stones on this land issue. because it goes out of democracy. so for the states, we have our own decisions to make informed by the village of our constitution and that's why.

i please believe i will not attend the g. 20 summit in johannesburg, south africa is doing very bad things. expropriating private property using g 20 to promote solidarity quality and sustainability. in other words, d i in climate change. how they, we were speaking with several south african politicians on officials to get their reaction to the us stones on this line the issue. so that's like as it goes out of democracy data. so for the states, we have our own decisions to make informed whether they lose or for cause addition . and that's what guides us with, that is on expropriation x for public good. but also expropriation for the distribution of land is it will be informed by the course not put red provisions on this republic when big decisions are made to they should be made on fact not on misinformation. and i've said from the beginning, this clearly is the misinformation that is getting into the watch house around what is actually happening until the effort to there's no mistakes preparation plan. there's no genocide and there's absolutely no targeting of certain people based solely

he spoke after marco rubio said he would not attend the g20 summit in johannesburg this month.lier this week, president trump falsely accused south african authorities of seizing private land. >> we will not be deterred. we are as south africans a resilient people. and we will not be bullied. [applause] tom: coming up, european companies struggling to access proper funding to grow with many choosing to take their listings across the atlantic. that's the subject of our big take today. that story coming up next. this is bloomberg. ♪ tom: good morning. this is bloomberg daybreak: europe. these are the stories that set your agenda. scott bessent tells us he backs a strong dollar as he looks to project a sense of stability in u.s. economic policy. investors watched today's jobs data from the world's largest economy. amazon forecasts failed to deliver. the ceo warns its cloud computing business cannot keep up with a i demand despite plans to invest $100 billion this. investors raise bets on more u.k. rate cuts after the bank of england downgrades its growth forecast so we will keep a

the last hour, secretary of state marco rubio tweeted that he will not attend the g20 summit in johannesburgprivate property. i recently spoke to patrick gaspard, a former u.s. ambassador to south africa, and asked him about trump's threat to take funding away from that country. >> if there's. >> so much to say about that. >> joy, let. >> me first say that with. >> elon musk. >> and donald trump, you're never quite sure if they're actually angry about a thing or if they're performing in anger because they have another agenda that they're trying to advance. it's really important to remember that with both of these two characters, elon musk met very recently with the president of south africa, cyril ramaphosa, to talk about investments in the country. he's trying to get starlink into south africa, but he understands that any external business that comes into that country has to have 30% black south african ownership of it because of the black enterprise laws that were passed in south africa to compensate blacks for what they lost during apartheid. he is against that law, and he's determined to