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is there a bankrolling infrastructure of roads all these kind of projects so i think they're very keen to do it i don't know how much they're thinking down the road about the debt trap issue and about who's going to pay back in twenty or thirty years time but certainly for the moment i think people are focusing mostly on working on the infrastructure projects sounds a bit shortsighted and as we've been hearing economies but structural weaknesses are especially vulnerable to debt traps let's zoom in on three asian examples law already the chinese government well over four billion dollars to put that into perspective that's well over a quarter of its entire economic output in neighboring cambodia the figure is pretty high to it oh is that more than three billion dollars or close to sixteen percent of g.d.p. finally let's take a look at mongolia it also is beijing some three billion dollars a number that amounts to set twenty seven percent of its economic output. and we're back with my colleague clifford kuhn and now as we've seen with those numbers a lot of the fears center around countr
is there a bankrolling infrastructure of roads all these kind of projects so i think they're very keen to do it i don't know how much they're thinking down the road about the debt trap issue and about who's going to pay back in twenty or thirty years time but certainly for the moment i think people are focusing mostly on working on the infrastructure projects sounds a bit shortsighted and as we've been hearing economies but structural weaknesses are especially vulnerable to debt traps let's...
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keen to be part of this the chinese companies to use. to reach to different markets from. some critics feel beijing is leading the world in a merry dance with some fans are clearly singing to the new silk road june. well andrea hang is our asia correspondent in singapore cliff couldn't spent fifteen years reporting in china cliff it will stop with you let's look at the numbers trying to spend one hundred fifty billion euros on the belt road so far loans total around a trillion can we already gain some sort of sense if they're working on a level playing field here with other countries well i think it varies from country to country but definitely people are the countries along the route are very very keen to take advantage of the money that's on offer so they want to get as much as possible obviously and china's going to possibly leverage that then to to have more influence in the area but a lot of these countries are struggling economies and they are being saddled with unsustainable debt in some cases you know this is the big fear and this is one of the things that the crit
keen to be part of this the chinese companies to use. to reach to different markets from. some critics feel beijing is leading the world in a merry dance with some fans are clearly singing to the new silk road june. well andrea hang is our asia correspondent in singapore cliff couldn't spent fifteen years reporting in china cliff it will stop with you let's look at the numbers trying to spend one hundred fifty billion euros on the belt road so far loans total around a trillion can we already...
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Apr 9, 2019
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estate, up investor is keen on taking estate, up about 7%. 0rdinaries also gaining.. this is bbc news the top stories this hour. britain follows australia and announces a new crackdown on harmful content on the web. in just a few hours, israelis head to the polls with prime minister benjamin netanyahu fighting for his political survival. a minute's silence has been observed at the start of a fatal accident inquiry into why a police helicopter crashed into a bar in glasgow in november 2013. the pilot, two crew and seven people in the clutha bar were killed, as our scotland editor sarah smith reports. this was a shocking event that stunned the city, when a police helicopterfell out of a friday night sky onto the roof of a packed pub, killing everybody on board and some of those inside. the bar has reopened, and ian comes back to the place his son died with questions about what happened to him after the crash. he wouldn't have survived anyway. he lay there for at least two and a half hours. perhaps he could have been removed. they were obviously walking over him to get
estate, up investor is keen on taking estate, up about 7%. 0rdinaries also gaining.. this is bbc news the top stories this hour. britain follows australia and announces a new crackdown on harmful content on the web. in just a few hours, israelis head to the polls with prime minister benjamin netanyahu fighting for his political survival. a minute's silence has been observed at the start of a fatal accident inquiry into why a police helicopter crashed into a bar in glasgow in november 2013. the...
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Apr 27, 2019
04/19
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before his injury, he was a keen amateur boxer in his traveller community. five months of rehab at stoke mandeville hospital, he had to come to terms with his new way of life. my mum was pushing me around the hospital in a wheelchair and i was thinking, one, i'm not going to let her do that, because that's going to get her down and, two, i'm a 16—year—old boy and i need some dignity. that sort of inspired me to be better, be stronger, physically and mentally. and, yeah, itjust all snowballed from there, really. over time, johnboy tried out a number of different sports and eventually found his calling as a marathon racer. it's going to be silver and bronze for england. success soon followed, winning silver at last yea r‘s commonwealth games. the best moment in his wheelchair racing career so far. but ultimately, it's not about the medals forjohnboy. he wants to be a role model in his community and prove that anything is possible. you can have the worst news in the world, you've lost the use of your legs, you can't box any more, you can't have a normaljob. i j
before his injury, he was a keen amateur boxer in his traveller community. five months of rehab at stoke mandeville hospital, he had to come to terms with his new way of life. my mum was pushing me around the hospital in a wheelchair and i was thinking, one, i'm not going to let her do that, because that's going to get her down and, two, i'm a 16—year—old boy and i need some dignity. that sort of inspired me to be better, be stronger, physically and mentally. and, yeah, itjust all...
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Apr 5, 2019
04/19
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awesome. ♪ good morning, everyone, tom keene and francine lacqua in italy.minds of economics and politics meet to chew over the underlying series of the economy. the hallmark here, in speaking to the leadership in 30 years, this may be the coldest year ever. francine: a lot of people are used to this. i am sure george and amal clooney had to go to paris because they are not used to being here with such cold weather. issues discussing real and this gives it a little more time, in-depth, things that matter with papers. tom: what is wonderful about it -- less brexit. less brexit is good. president trump says in a trade deal with china is probably still weeks away, but both sides are making progress on an agreement that could be monumental. he met with china's chief negotiator who says the consensus on the text of a new trade agreement and xi jinping is pushing for a rapid conclusion. canada putting pressure on the u.s. to end tariffs on steel and aluminum. the u.s., canada, and mexico but leadersde deal need to ratify it in time is running out in canada before
awesome. ♪ good morning, everyone, tom keene and francine lacqua in italy.minds of economics and politics meet to chew over the underlying series of the economy. the hallmark here, in speaking to the leadership in 30 years, this may be the coldest year ever. francine: a lot of people are used to this. i am sure george and amal clooney had to go to paris because they are not used to being here with such cold weather. issues discussing real and this gives it a little more time, in-depth, things...
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Apr 12, 2019
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tom keene is there. tom? withwonderful the first of the managing director of the international monetary fund. does first-order economics but out of harvard he has landed to rest and risk management doing that it citigroup and other spots along the road. he can link in the stability of the system into our present day economics. she calls it a delicate moment. what is the delicate moment of our global financial stability? >> it is a risk management moment. we have the forecast of the economy slows down. thate downside risk and means one has to be very careful. we expect growth to strengthen back next year but with trade tensions, not knowing where monetary policy is going to go, not knowing how chinese growth will turn out, is time to make sure policymakers do no harm and they try to be supportive of growth. the last thing we want to see is a downturn. tom: when you say do no harm that speaks to the trade policy, the almost mercantilism of the president of united states. interview,rview to it is not bad but the
tom keene is there. tom? withwonderful the first of the managing director of the international monetary fund. does first-order economics but out of harvard he has landed to rest and risk management doing that it citigroup and other spots along the road. he can link in the stability of the system into our present day economics. she calls it a delicate moment. what is the delicate moment of our global financial stability? >> it is a risk management moment. we have the forecast of the...
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Apr 3, 2019
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she's against, he's never been very keen. and most labour members, it's a priority — as it is to the snp, lib dems, plaid cymru, and the new independent group. would either leader really mind if these talks broke down in the end? on mrs may's side, some hate that she's talking to mr corbyn — lending him legitimacy, they say. but brexiteers also fear she's on course to stay too close to the eu. the angriest tories wants her gone quickly, so a new leader can rewrite whatever‘s agreed. on mr corbyn's side, some believe his true wish was to keep his hands clean of brexit, let the tories get the blame for whatever goes wrong. so what next? agreement means a deal might start to take shape. if talks finally break down, mrs may said it's up to mp5. then, more voting on brexit options — staying close to the eu, a referendum, or — what many tories would prefer — leaving with no deal. and of course, mrs may's deal, which would be back in the mix. next wednesday, it is back to brussels. the pm once in eu deal before april 12. that's the
she's against, he's never been very keen. and most labour members, it's a priority — as it is to the snp, lib dems, plaid cymru, and the new independent group. would either leader really mind if these talks broke down in the end? on mrs may's side, some hate that she's talking to mr corbyn — lending him legitimacy, they say. but brexiteers also fear she's on course to stay too close to the eu. the angriest tories wants her gone quickly, so a new leader can rewrite whatever‘s agreed. on mr...
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Apr 19, 2019
04/19
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the point that we are keen to drive home.ll investment will create up to 600 additionaljobs in this area. other voices in the industry sounded more alarmed. japan, like europe faces the prospect of different —— difficult trade negotiations with the trump administration. toyota ‘s boss admitted new tariffs on cars threatened by trump could be very damaging. if the tariffs happen on the auto industry, quite frankly, that's pulling the pin out of the grenade and i don't believe the us economy can run out of the room fast enough to protect itself. a sentiment echoed by auto analyst, michelle. we think is a good possibility this will go into effect, if they do, vehicle prices will rise substantially and that will rise substantially and that will cause vehicle sales to fall. it could well push the economy into a downturn. car buyers here i still busy asset but its address of the current us government that could put a hard rake on the global car industry. now to india's jet airways. employees of the troubled airline held a demonstra
the point that we are keen to drive home.ll investment will create up to 600 additionaljobs in this area. other voices in the industry sounded more alarmed. japan, like europe faces the prospect of different —— difficult trade negotiations with the trump administration. toyota ‘s boss admitted new tariffs on cars threatened by trump could be very damaging. if the tariffs happen on the auto industry, quite frankly, that's pulling the pin out of the grenade and i don't believe the us...
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Apr 25, 2019
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an area we are quite keen on. guy: the dollar remains attractive. let's talk through that.longer will it remain attractive? i appreciate that looks like the least dirty shirt. ,t has many things going for it it is not great, but everything else looks worse. if i'm thinking of making investments, i'm wondering how i hedge and whether i should. alastair: the dollar store remains attractive by default. when you're moving out of currency you have to move into another currency. there are not many currencies holding their hands up to say buy me. when it comes to the different sectors we're looking at, the u.s. sectors -- tech sector for instance -- are offering the most returns. we have to be conscious in the fact we will move into u.s. election cycle mentality and the trump administration will undoubtedly be trying to pump up their party's attractiveness by coming out with more red tape cutting or more talk about infrastructure spending, they will want to try to ramp up the momentum. they have hitched their wagon to equity markets being a good thing for u.s. citizens and that be
an area we are quite keen on. guy: the dollar remains attractive. let's talk through that.longer will it remain attractive? i appreciate that looks like the least dirty shirt. ,t has many things going for it it is not great, but everything else looks worse. if i'm thinking of making investments, i'm wondering how i hedge and whether i should. alastair: the dollar store remains attractive by default. when you're moving out of currency you have to move into another currency. there are not many...
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Apr 23, 2019
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us president donald trump was keen for him tojoin the fed, but he president donald trump was keen forhe fed, but he tweeted that herman cain had asked for his nomination to be withdrawn. shifting to south korea tech giant samsung, and the korean electronics giant has delayed the release of its new foldable smartphone. the move comes new foldable smartphone. the move co m es after new foldable smartphone. the move comes after a number of tech reviewers complained that this new expensive device kept on breaking. however, the bbc‘s technology reporter, chris fox, had no problems when he reviewed it. this is the samsung galaxy fold, the folding smartphone that samsung hopes people will pay £1800 for. not all analysts share his opinion, some complained about faulty screens after using the phone for as little as one day. earlier i spoke to jake saunders from abi research, and i asked him if samsung will regret rushing the phone out. foldable phones of the future but i'm not sure they are up to the realities of today. there is a big race to get to these highly innovative phones. fundamentall
us president donald trump was keen for him tojoin the fed, but he president donald trump was keen forhe fed, but he tweeted that herman cain had asked for his nomination to be withdrawn. shifting to south korea tech giant samsung, and the korean electronics giant has delayed the release of its new foldable smartphone. the move comes new foldable smartphone. the move co m es after new foldable smartphone. the move comes after a number of tech reviewers complained that this new expensive device...
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but i'm very keen for poroshenko he's professional a true statesman of loss that. petro poroshenko has been tarnished by allegations of corruption but he's keen to play up his role i know why this stage. it was a little cheer for me but we made great progress in integration into the family of european nations we have done everything possible to strengthen our transatlantic integration our reforms are not finished yet and we will not allow anyone to stop them from i am a little bit semantically. after hurting the president went on to an easter mass but perishing because days in office look to be numbered. joining us now from the ukrainian capital kiev correspondent nick connelly nick president bush and co is under threat of losing his job to a political eunuchs periods a lot in near selenski where the opinion polls tellings. well the last poll we have is from the end of last week no more polling was allowed after that on the election rules and that doesn't look good for the incumbent he looks to be trailing a limousine lenski by about two to one selenski all around
but i'm very keen for poroshenko he's professional a true statesman of loss that. petro poroshenko has been tarnished by allegations of corruption but he's keen to play up his role i know why this stage. it was a little cheer for me but we made great progress in integration into the family of european nations we have done everything possible to strengthen our transatlantic integration our reforms are not finished yet and we will not allow anyone to stop them from i am a little bit semantically....
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Apr 3, 2019
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but the government has been very keen that it is as transparent and detailed a process as possible. to mr najib. this trial indeed will be watched very closely by many malaysians. how is the government, jonathan, planning to recover the money he has been accused of stealing? well, it's looking into every possible way. i mean, the numbers are extraordinary. the us department ofjustice says $4.5 billion was misappropriated. the swiss authorities suggest it might be even more than that. they are targeting the banker goldman sachs, which underwrote three massive bond issues that helped 1mdb borrow money. goldman charged very high fees, nearly $600 million. the government is hoping to be able to recover that. it's also hoping that some of the assets sequestered by the united states — the us has sequestered, confiscated, $1.7 billion worth of assets, including apartments, luxury goods, things like that, that were purchased by this flamboyant financier known atho low, who's a fugitive. at some stage, the proceeds of those may come back to malaysia, but the likelihood is that malaysia will
but the government has been very keen that it is as transparent and detailed a process as possible. to mr najib. this trial indeed will be watched very closely by many malaysians. how is the government, jonathan, planning to recover the money he has been accused of stealing? well, it's looking into every possible way. i mean, the numbers are extraordinary. the us department ofjustice says $4.5 billion was misappropriated. the swiss authorities suggest it might be even more than that. they are...
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Apr 3, 2019
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something that up until this moment she was very keen to avoid at all cost.—— political editor. the corruption trial of the former malaysian prime minister najib razak will get underway soon. he's accused of stealing billions of dollars from malaysia's sovereign wealth fund, 1mdb. the current prime minister, mahathir mohamad, reopened investigations after he defeated mr najib in elections last may. jonathan head, our south asia correspondent is in kuala lumpur. he told me how the trial is expected to proceed. it is a very complex scandal. the amounts of money arejust staggering. the usjustice department estimates $4.5 billion went missing from this government run investment fund, swiss authorities think it might even be higher. these are very flamboyant malaysia finance year, he was considered the kingpin in this negotiation of funds. the former prime minister, najib rajak, set up the fund, he supervised it in his role as finance minister and is alleged to have received significant sums of money himself. this trial today is the first of, we think, at least th
something that up until this moment she was very keen to avoid at all cost.—— political editor. the corruption trial of the former malaysian prime minister najib razak will get underway soon. he's accused of stealing billions of dollars from malaysia's sovereign wealth fund, 1mdb. the current prime minister, mahathir mohamad, reopened investigations after he defeated mr najib in elections last may. jonathan head, our south asia correspondent is in kuala lumpur. he told me how the trial is...
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petro poroshenko has been tarnished by allegations of corruption but he's keen to play up his role i know why the stage with the ability of people we made great progress in integration into the family of european nations we have done everything possible to strengthen our transatlantic integration our reforms are not finished yet and we will not allow anyone to stop them my mother with a similar sleep. after voting the president went on to an easter mass but poroshenko his days in office look to be numbered. joining us now from the ukrainian capital kiev is correspondent nick connelly nick president bush and co is under threat of losing his job to a political unix periods a lot in near selenski where the opinion polls tellings. well the last poll we have is from the end of last week no more polling was allowed after that on the election rules and that doesn't look good for the incumbent he looks to be trailing a limousine lengthy by about two to one selenski all around seventy percent or shank around thirty percent that's basically the same pattern we saw from the first round so nothi
petro poroshenko has been tarnished by allegations of corruption but he's keen to play up his role i know why the stage with the ability of people we made great progress in integration into the family of european nations we have done everything possible to strengthen our transatlantic integration our reforms are not finished yet and we will not allow anyone to stop them my mother with a similar sleep. after voting the president went on to an easter mass but poroshenko his days in office look to...
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eye and a keen eye on this season what has actually driven them back into the top four you know i'm not surprised to see them go on a bit of a surge at this stage of the season they came through a rough patch of fixtures where they managed to get through without losing against the likes of lights a brain and your team. i love it of course dortmund all these games back to back they came out of those games unbeaten now they've had some gentle fixtures as we said and. five wins on the bounce the front three of course gets a lot of praise. and they've been sensational but it really has been an all round effort the likes of that need to cost i think is a very good season and today of course the hero. who has been sensational in is our right is really picked up from his poor form hamburg his best ever season the goals and assists but of course the man you can look out mention by only just a minute ago he has a coach he's done a brilliant job of getting all these players taking along very nicely so they were only mentioned as well as they're the ones who've you know the expense of frankfur
eye and a keen eye on this season what has actually driven them back into the top four you know i'm not surprised to see them go on a bit of a surge at this stage of the season they came through a rough patch of fixtures where they managed to get through without losing against the likes of lights a brain and your team. i love it of course dortmund all these games back to back they came out of those games unbeaten now they've had some gentle fixtures as we said and. five wins on the bounce the...
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Apr 11, 2019
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tom keene is with a special guest.elcome all of you on bloomberg radio and bloomberg television at the meeting of the international monetary fund. york -- with new speaking in new york with stephen moore, canada to be on the fed. this is the interview of the day . she is the governor of the federal reserve system affiliated with democratic politics. more than anything, it is a sterling academic achievement at wesleyan and harvard and onto a career in economics and harvard. what an interesting time. president trump going after the trading partners in europe and all of that. i want you to tell global audience and an american audience where you were the day the berlin wall fell. what was the moment like for you? for me it was huge. i grew up in poland and germany and at cross the wall several times. the world changed dramatically. and positively for me. we have seen europe strengthen since then dramatically. tom: within the economics we have today, there is social discussion as well. should we assume there is a potential
tom keene is with a special guest.elcome all of you on bloomberg radio and bloomberg television at the meeting of the international monetary fund. york -- with new speaking in new york with stephen moore, canada to be on the fed. this is the interview of the day . she is the governor of the federal reserve system affiliated with democratic politics. more than anything, it is a sterling academic achievement at wesleyan and harvard and onto a career in economics and harvard. what an interesting...
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Apr 18, 2019
04/19
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proponents of rivian seem equally keen.nts from the likes of pop singer rhianna, and investments from standard chartered and amazon. but can it live up to the hype and avoid the pitfalls facing tesla, which has struggled to meet production and profit targets. one of the reasons we we re profit targets. one of the reasons we were so profit targets. one of the reasons we were so quiet for so long was that we wanted to make sure we had all those ingredients, all those pieces arranged, so that when we showed the vehicles in los angeles, it was notjust showed the vehicles in los angeles, it was not just a show showed the vehicles in los angeles, it was notjust a show car, it was actually the real thing. it was notjust a show car, it was actually the real thinglj it was notjust a show car, it was actually the realthing. i want it was notjust a show car, it was actually the real thing. i want to talk to you about some of the backing you have received. in terms of the types of partners necessary to build this, it requires a long—te
proponents of rivian seem equally keen.nts from the likes of pop singer rhianna, and investments from standard chartered and amazon. but can it live up to the hype and avoid the pitfalls facing tesla, which has struggled to meet production and profit targets. one of the reasons we we re profit targets. one of the reasons we were so profit targets. one of the reasons we were so quiet for so long was that we wanted to make sure we had all those ingredients, all those pieces arranged, so that when...
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but i'm very keen for poroshenko he's professional a true statesman of loss that. petro poroshenko has been tarnished by allegations of corruption but he's keen to play up his role or know why to stage with the ability of people we made great progress in integration into the family of european nations we have done everything possible to strengthen our transatlantic integration i reforms are not finished yet and we will not allow anyone to stop them my mother with this emotionally. diverting the president went on to an easter mass but poroshenko his days in office look to be numbered. joining us now from the ukrainian capital kiev is correspondent nick connelly nick thanks for joining us president poroshenko is under threat of losing his job to a politically inexperienced volodymyr zelinsky what are the opinion polls telling us at this hour. well the last opinion polls we have off from the last stand last week where there were no opinion polls allowed to be held the day before and on the day of the election but those do seem very decisively in favor of this insurgen
but i'm very keen for poroshenko he's professional a true statesman of loss that. petro poroshenko has been tarnished by allegations of corruption but he's keen to play up his role or know why to stage with the ability of people we made great progress in integration into the family of european nations we have done everything possible to strengthen our transatlantic integration i reforms are not finished yet and we will not allow anyone to stop them my mother with this emotionally. diverting the...
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Apr 24, 2019
04/19
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to stay there and tell ramadan which is a few weeks away but it seems like they're very eager and keen on staying there and so their demands are met and their demands not only a civilian transitional government has and they're also demanding accountability for the alleged crimes committed by the former regime and former government officials they want to see where the president is we've we've heard from the head of the military council that he's arrested and most of his close aides and former officials also arrested but people are saying that they need to see to believe it so this is going to be a very long grind for sudan especially again like i said would be a you giving the military council three months to hand over part of the brilliant government and with people saying that they are going to stay there they're going to wait until that happens and with suspension of talks obviously political parties are yet to come together they're yet to hold a single meeting and come out and settle their differences and announce to the world that they are ready to form a transitional government an
to stay there and tell ramadan which is a few weeks away but it seems like they're very eager and keen on staying there and so their demands are met and their demands not only a civilian transitional government has and they're also demanding accountability for the alleged crimes committed by the former regime and former government officials they want to see where the president is we've we've heard from the head of the military council that he's arrested and most of his close aides and former...
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Apr 3, 2019
04/19
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she‘s against, he‘s never been very keen.riority — as it is to the snp, lib dems, plaid cymru, and the new independent group. would either leader really mind if these talks broke down in the end? on mrs may‘s side, some hate that she‘s talking to mr corbyn — lending him legitimacy, they say. but brexiteers also fear she‘s on course to stay too close to the eu. the angriest tories wants her gone quickly, so a new leader can rewrite whatever‘s agreed. on mr corbyn‘s side, some believe his true wish was to keep his hands clean of brexit, let the tories get the blame for whatever goes wrong. so what next? agreement means a deal might start to take shape. if talks finally break down, mrs may said it‘s up to mps. then, more voting on brexit options — staying close to the eu, a referendum, or — what many tories would prefer — leaving with no deal. and of course, mrs may‘s deal, which would be back in the mix. next wednesday at his back to brussels, the prime minister wants a deal before april the 12th, the deadline before taking par
she‘s against, he‘s never been very keen.riority — as it is to the snp, lib dems, plaid cymru, and the new independent group. would either leader really mind if these talks broke down in the end? on mrs may‘s side, some hate that she‘s talking to mr corbyn — lending him legitimacy, they say. but brexiteers also fear she‘s on course to stay too close to the eu. the angriest tories wants her gone quickly, so a new leader can rewrite whatever‘s agreed. on mr corbyn‘s side, some...
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Apr 15, 2019
04/19
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i'm tom keene in new york.tant woman in the arab world, egypt's minister of investment and international , who is advocating notstment for a politically troubled, but interesting, egypt to say the least. i have to get the news of the moment out of the way. "the times of london" expanding on a story in "the new york times." i want to dovetail your economic and investment efforts with the political challenges that mr. of -- that mr. el-sisi has faced. guest: thank you. on yourlovely morning program. as you mentioned, we are moving forward with legal reform to improve the business environment , and there is a grand vision for egypt where investment would be driven by the private sector. so we will do all of the required reforms to ensure that. this is reflected in the indicators. we have continually improved rating for egypt. efforts andonomic international cooperation efforts, are they amended or changed given the politics that egypt?sisi has in guest: the politics have helped improve the environment and open the
i'm tom keene in new york.tant woman in the arab world, egypt's minister of investment and international , who is advocating notstment for a politically troubled, but interesting, egypt to say the least. i have to get the news of the moment out of the way. "the times of london" expanding on a story in "the new york times." i want to dovetail your economic and investment efforts with the political challenges that mr. of -- that mr. el-sisi has faced. guest: thank you. on...
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Apr 18, 2019
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no one questions her ability to be a keen cfo.umors about her going to wells fargo. tom: this is about retaining people? taylor: it is also about procession planning. jp morgan is best in class, but they have been leveraging more of the consumer business and equity and fic, and some of the businesses have been slowing down. a very smart move putting her in charge of that franchise. -- the house of representatives asked jamie the next cfo would be a woman or person of color. he basically said, the operation committee makes the decision. guy: i suspect a lot of headhunters will be beating their way to these women's doors. taylor riggs, thank you very much. let's get a bloomberg business flash update. raising 1.4st billion and its ipo, selling shares above the market range. trading begins today on the new york stock exchange. it is valued at about $12.7 billion. alcoa cutting its forecast for global aluminum demand, blaming weakness in china. 2%oa trimming its outlook to to 3% and posted their first quarterly loss since 2016. tom: th
no one questions her ability to be a keen cfo.umors about her going to wells fargo. tom: this is about retaining people? taylor: it is also about procession planning. jp morgan is best in class, but they have been leveraging more of the consumer business and equity and fic, and some of the businesses have been slowing down. a very smart move putting her in charge of that franchise. -- the house of representatives asked jamie the next cfo would be a woman or person of color. he basically said,...
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Apr 22, 2019
04/19
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. ♪ lisa with tom keene in new york.rom sri lanka and we will bring you that in a minute. but let's continue our conversation about where we are seeing people take her cash and put it to work. we're lucky to have greg with us. greg, thank you for being here. we are seeing money starting to flow into u.s. equity mutual funds. there is a question of are we too late in the cycle? what is the big risk? are we looking at just a mild correction? >> we think we can season downgrades. we are looking for a massive collapse. lisa: on friday, we got the biggest one-day inflow that tracks 20 plus year etf's. one of the biggest flows i have ever seen. >> we see a theme of people trying to put money to work. there is a theme of people trying to put money to work. i think people are squeezed in terms of cash. tom: let's take a representative chart here. this is a company that nobody knows. apple, 15 years, straight up. a linear function, basically. so much is what they will do with their cash. why don't you just on the select group of
. ♪ lisa with tom keene in new york.rom sri lanka and we will bring you that in a minute. but let's continue our conversation about where we are seeing people take her cash and put it to work. we're lucky to have greg with us. greg, thank you for being here. we are seeing money starting to flow into u.s. equity mutual funds. there is a question of are we too late in the cycle? what is the big risk? are we looking at just a mild correction? >> we think we can season downgrades. we are...
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Apr 10, 2019
04/19
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she is keen to do that so british meps would not have to sit in the new european parliament. to get a quick agreement at westminster she needs the opposition labour party on board. iam the opposition labour party on board. i am told talks with them went relatively well yesterday behind—the—scenes. but she and jeremy corbyn have trouble managing some of their own mps and their pa rty‘s rank—and—file. many some of their own mps and their party's rank—and—file. many in the labour party say we want a deal you reach with theresa may tied to a commitment to a referendum. theresa may said she was not prepared to compromise on a referendum. from her point of view if she compromises elsewhere, for example on a customs union, she could lose members of her cabinet. simply having an extension will not solve any problems. simply having an extension will not solve any problems. our europe correspondent damian grammaticas is here. we think we know what is going to happen, but the evidence of recent summit show when the 27 litres cat in the room they take a harder line on the uk than the com
she is keen to do that so british meps would not have to sit in the new european parliament. to get a quick agreement at westminster she needs the opposition labour party on board. iam the opposition labour party on board. i am told talks with them went relatively well yesterday behind—the—scenes. but she and jeremy corbyn have trouble managing some of their own mps and their pa rty‘s rank—and—file. many some of their own mps and their party's rank—and—file. many in the labour...
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Apr 6, 2019
04/19
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why are you so keen on the id ofan board. why are you so keen on the id of an ombudsman?when companies are involved and they have to deal with a new regulator, it is the last thing they want. i wonder what your industry is enthusiastic about this idea ombudsman. we sell a product to consumers. we want to ensure they have confidence in what we are building, and it is quite right that as we saw something that is as big a purchase as a house that they provide the address that customers quite rightly expect. we wa nt to customers quite rightly expect. we want to work but all parties, all stakeholders. we are engaged with discussions with them on the best way to put an ombudsman in place. we are drafting a new industry code that the industry is committed to that the industry is committed to that will drive up quality further and improve things and end when things go home. sceptics might want to bother the industry is keen on the idea because it pushes resolving complaints the gorge, you can see, if you are not happy with our response, go to the ombudsman, that is months away b
why are you so keen on the id ofan board. why are you so keen on the id of an ombudsman?when companies are involved and they have to deal with a new regulator, it is the last thing they want. i wonder what your industry is enthusiastic about this idea ombudsman. we sell a product to consumers. we want to ensure they have confidence in what we are building, and it is quite right that as we saw something that is as big a purchase as a house that they provide the address that customers quite...
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Apr 10, 2019
04/19
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they came toa too keen on a longer extension.me to a compromise in the compromise is the extension would run to the 31st of october. halloween. and there will be a review in june, probably halloween. and there will be a review injune, probably close to the end ofjune which is what theresa may had requested and writing to the eu leaders, so there's been a bit of a knob to the french side that this extension will be reviewed but they have really gone for the longer extension which is what the german camp want to. we we re is what the german camp want to. we were told when they went around the room and they all spoke of a 17 leaders wanted to take a breather on brexit to get away from this rolling month the month crisis. and kick in some way down the road. it seems in the end that october the 31st was a happy compromise for all of them. theresa may come out of the building sitting on her hands now is now back in the building, holding a bilateral meeting with donald tusk right now, we don't know if she will excepted, we don't know if
they came toa too keen on a longer extension.me to a compromise in the compromise is the extension would run to the 31st of october. halloween. and there will be a review in june, probably halloween. and there will be a review injune, probably close to the end ofjune which is what theresa may had requested and writing to the eu leaders, so there's been a bit of a knob to the french side that this extension will be reviewed but they have really gone for the longer extension which is what the...
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Apr 2, 2019
04/19
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BLOOMBERG
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i am tom keene in london with anna edwards.hoice, and this folds in to steven major's call for low interest rates. first quarter growth is moldy. how does it get better through the year? >> clearly what we saw was a big drop in consumption and that is why we will see this number come in at around 1.4% annualized. also, there's some pickup from government spending which has been impacted by the shutdown. we know from the budget that we should continue to see that. we do expect to see a visible slowdown in the u.s. economy this year. we are forecasting below-market consensus and that reflects a fiscal phase. you still have fiscal stimulus supporting the economy but not as much as last year. there is a deceleration coming through, but 2.3% is not bad, short of trust -- president trump's 3%, but not a bad number. move towe get the major two point 1% on the 10 year yield, what does that do to dollar dynamics? steven: the dollar can still be strong. i know the temptation is to focus on the cyclical dynamics and look at rate different
i am tom keene in london with anna edwards.hoice, and this folds in to steven major's call for low interest rates. first quarter growth is moldy. how does it get better through the year? >> clearly what we saw was a big drop in consumption and that is why we will see this number come in at around 1.4% annualized. also, there's some pickup from government spending which has been impacted by the shutdown. we know from the budget that we should continue to see that. we do expect to see a...
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Apr 22, 2019
04/19
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ALJAZ
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with political parties to form a transitional government but many at the sit in say the army isn't keen to hand over power to civilian government a key demand for them to end the protests and return home. as i would have missouri in a in my opinion where with the declaration of freedom and change because they got is this far i will be with them till the end since the council is part of the old regime and is behaving like the old regime will continue with protest till it's gone we said to those we make music because so many years. government ruling was not good and now we want to change this is the citizens.
with political parties to form a transitional government but many at the sit in say the army isn't keen to hand over power to civilian government a key demand for them to end the protests and return home. as i would have missouri in a in my opinion where with the declaration of freedom and change because they got is this far i will be with them till the end since the council is part of the old regime and is behaving like the old regime will continue with protest till it's gone we said to those...
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Apr 16, 2019
04/19
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CNNW
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that's why the government is so keen to show we're getting on with this. any problem raising the funds. it will happen. >> paris prosecutors office speaking to construction workers. that was a suspicion last night as well as something happened with the construction. do you think the french will be forgiving of that? what's the mood. >> the a the the moment you don't get the sense of looking for someone to take out and shoot. that may change. not at the moment. once they find out what happened. it was minutes after the public started. this happens with famous old buildings. people forget. windsor castle the fire there. that started with a construction someone took the eye off. >> the wood and the construction. >> a lot of electricity. and people can be careless. at the end of the day. maybe somebody left something on. >> extraordinary night. for you and people who came yesterday. >> we continue to follow the investigation and hear what the prime minister has to say and the president. and firefighters. we'll bring you all the updates as they come through. fr
that's why the government is so keen to show we're getting on with this. any problem raising the funds. it will happen. >> paris prosecutors office speaking to construction workers. that was a suspicion last night as well as something happened with the construction. do you think the french will be forgiving of that? what's the mood. >> the a the the moment you don't get the sense of looking for someone to take out and shoot. that may change. not at the moment. once they find out...
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Apr 8, 2019
04/19
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as faras which the government is not keen on doing.concerned, the priority is to prevent crashing out with no deal and to ensure we do not become in the longer run some kind of deregulated country on the shores of europe that is undermining of the principles of a interventionist economy. either government series in the negotiations and talks with you or is it just negotiations and talks with you or is itjust for show? negotiations and talks with you or is it just for show? the negotiations and talks with you or is itjust for show? the meetings are very long and a great deal of detail is got into by both parties. we have people on this case for several years so we have people on this case for several years so they are accustomed to it all. we have gone into it because the government succeeded a request i made last september, prepared to put forward our tops and views. talks have to meeting a movement and survive there's been no change in red lines. we will have more from jeremy corbyn. but now it is time for sports day. hello, and welco
as faras which the government is not keen on doing.concerned, the priority is to prevent crashing out with no deal and to ensure we do not become in the longer run some kind of deregulated country on the shores of europe that is undermining of the principles of a interventionist economy. either government series in the negotiations and talks with you or is it just negotiations and talks with you or is itjust for show? negotiations and talks with you or is it just for show? the negotiations and...
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Apr 29, 2019
04/19
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isn't the truth of this, that you were not keen on these talks in the first place. have been very reluctant to join a process which began with the united states and mr trump's special envoy, zalmay khalilzad, having his own channel of negotiation with the taliban behind the backs of your government, and you have always been deeply suspicious and sceptical of this process. that's not quite true. when the us decided on talking to the taliban face—to—face, they discussed with the afghan government and the afghan political forces outside government, everybody gave them a green light to go ahead and talk to the taliban. that's how it all started. when they made a bit of progress in understanding each other on at least two issues, the withdrawal and relationship with terrorism, the third issue that was the intra—afghan dialogue came up. that was supposed to happen. it will happen, but it's postponed. the fact is, we were preferring that the qatar dialogue take place after the loya jirga, but when the us side says that everything is sort of postponed, and they want the int
isn't the truth of this, that you were not keen on these talks in the first place. have been very reluctant to join a process which began with the united states and mr trump's special envoy, zalmay khalilzad, having his own channel of negotiation with the taliban behind the backs of your government, and you have always been deeply suspicious and sceptical of this process. that's not quite true. when the us decided on talking to the taliban face—to—face, they discussed with the afghan...
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Apr 9, 2019
04/19
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tom keene in new york. we also need to look at a tariff update.tand that president is finding possibly a deal with china and setting his sights on tariffs for europe. tom: president trump completely distracted after what we saw yesterday in the u.s.. a purge at the immigration department for the department of homeland security. and an interview with charles grassley of iowa that is already pushing back against the president. we will spend time looking at domestic politics in the u.s., but let's get straight to bloomberg first word news. today, british prime minister theresa may faces battles at home and abroad. she travels to paris and berlin to win a short delay for the european -- for the british departure from the european union. members of the conservative party are trying to throw her overboard. tariffs on $11 billion of goods, that is the trump administration's threat to europe. this is in response to european union subsidies. on the duties would be area's cycles -- various cycles, cheeses, and winds. voters must decide whether to endorse hi
tom keene in new york. we also need to look at a tariff update.tand that president is finding possibly a deal with china and setting his sights on tariffs for europe. tom: president trump completely distracted after what we saw yesterday in the u.s.. a purge at the immigration department for the department of homeland security. and an interview with charles grassley of iowa that is already pushing back against the president. we will spend time looking at domestic politics in the u.s., but let's...
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Apr 30, 2019
04/19
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so people are less keen to advertise on p.c.'and want to and becausen mobile google has the revenue split in suffers the consequences. francine: talk about samsung. they have to deal with huawei and from and prompting samsung to report very soft results. >> it is a bit of perfect storm for them. while they benefited from the xpansion in small phones it is exposed to smartphone through display so mory and when the market slows all three get hit. of that the main impact on the falling margins halved was falling chip last 12 months learn in into their smartphones and samsung's ability to use volume as better e to get profitability has disappeared which is why the margins are mid to high single and that won't come back soon. francine: these were some of the companies reported today but if ou look at facebook, some of the took companies bet expect station. hat is your take -- expectation. >> there are some i hdiosyncrat the issue for google is the concentration of revenue n the advertising space one of the morse cyclicly exposed and b
so people are less keen to advertise on p.c.'and want to and becausen mobile google has the revenue split in suffers the consequences. francine: talk about samsung. they have to deal with huawei and from and prompting samsung to report very soft results. >> it is a bit of perfect storm for them. while they benefited from the xpansion in small phones it is exposed to smartphone through display so mory and when the market slows all three get hit. of that the main impact on the falling...
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Apr 22, 2019
04/19
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ALJAZ
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the past four months have been saying that the military council which also president bashir is not keen is not eager to hand over power to a civilian government they're saying that the military council is trying to delay is using delay tactics is trying to put the political parties against each other some political parties have said that they don't mind the military council supervising the transitional government that will be formed and others are saying that they don't mind the military council being part of that government so the people at the protesters and it's organizers are saying that they feel that the military council is not keen to hand over power to independent civilian transitional government which is why they've suspended the talks yesterday now we've heard from protesters there saying that they're ok with the decision that they are there organizes the coalition have made and they're ok with the tone but they are concerned that it might escalate that the military may eventually for the protesters to end their sit in front of the army has been going on for three weeks now ri
the past four months have been saying that the military council which also president bashir is not keen is not eager to hand over power to a civilian government they're saying that the military council is trying to delay is using delay tactics is trying to put the political parties against each other some political parties have said that they don't mind the military council supervising the transitional government that will be formed and others are saying that they don't mind the military...
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should have been a says he enjoyed it emmanuel certainly did but now he's keen to try out the finished car that's all fine and. dennis promises out he won't disappoint in two years' time. so perhaps we'll be back here again in two thousand and twenty one and then without a police escort. one hundred chance compact goes back a way since instead view in two thousand and one the carmaker has sold seven million of its latest model from twenty eight team as a pressure forty year look. but that our card to stay in is page three says until now the jazz was only available with a one point three meter engine at seventy five kilowatts now it's added a more powerful version with a one point five liter gasoline engine that puts out ninety five kilowatts. but the new engine is only available with the dynamic model it also reflects the car's new sporty look highlighted by the red trim along the spoiler with. colorful details to find the interior to such as red stitching on the steering wheel seats and gear shift. the gas tank is under the front seats this allows for an especially roomy interior a re
should have been a says he enjoyed it emmanuel certainly did but now he's keen to try out the finished car that's all fine and. dennis promises out he won't disappoint in two years' time. so perhaps we'll be back here again in two thousand and twenty one and then without a police escort. one hundred chance compact goes back a way since instead view in two thousand and one the carmaker has sold seven million of its latest model from twenty eight team as a pressure forty year look. but that our...
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Apr 12, 2019
04/19
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keen on maintaining. however. we cannot establish communication before an announce an announcement be made then ourselves be made known to the public presented and then engage in dialogue with other forces as to the question. on the key political figures who could provide swift solutions as a matter of fact. the security subcommittee was in direct contact with various political forces however. the did not get x. suppress any genuine desire for a dialogue or what they asked for was change and change only that's why we responded and stepped in when i go again. and if you know what we will sit with every political figure we will sit with them on the floor on the floor we will listen to them we will listen to even average citizens even those who have no political ad filiation we will sit with them on the floor. we will sit we will deploy ourselves into the streets and the square. we are all pin. to all we will listen to every single average citizen is lay men our people is rich in this source's qualifications qualifie
keen on maintaining. however. we cannot establish communication before an announce an announcement be made then ourselves be made known to the public presented and then engage in dialogue with other forces as to the question. on the key political figures who could provide swift solutions as a matter of fact. the security subcommittee was in direct contact with various political forces however. the did not get x. suppress any genuine desire for a dialogue or what they asked for was change and...
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Apr 19, 2019
04/19
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BBCNEWS
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well, all my life i've been keen on stereosco py well, all my life i've been keen on stereoscopy anddn't buy anything but i could view everything andi anything but i could view everything and i got to know what all these things did. these beautiful old cameras, wonderful victorian viewers. so i have a good general knowledge even from those times of how things work and how they made stereosco py how things work and how they made stereoscopy and national craze. it was huge. the london stereoscopic company in 1958 posted 1 million views and this is very big—time and they went all around the world, particularly france —— 1858. victorians could see the world through the stereoscope. i guess i looked at every view that i've collected and try to get the best out of all of them. this is the most simple form, it looks like there is nothing to this but there is axa quite a bit of science in this because you have to position things ina certain because you have to position things in a certain way —— there is actually quite a bit of science in this. we tend to squint at something close up with is
well, all my life i've been keen on stereosco py well, all my life i've been keen on stereoscopy anddn't buy anything but i could view everything andi anything but i could view everything and i got to know what all these things did. these beautiful old cameras, wonderful victorian viewers. so i have a good general knowledge even from those times of how things work and how they made stereosco py how things work and how they made stereoscopy and national craze. it was huge. the london...
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excel rates from zero to one hundred kilometers an hour in eight point seven seconds if you're not so keen on a manual you can get an automatic transmission for an extra thirteen hundred euros . have cockiness notices while driving that the biting point on the clutch pedal is very high then gears have a very short throw so it can feel sporty but it is feels she has to really work the gas pedal to pick up speed and then it feels like she has a lot of revs but it's not necessarily being transferred to the wheels that's because the one hundred fifty five nude meters a maximum torque only kick in at forty six hundred r.p.m. on the other hand if you're on the expressway and six year then you find the car still has a lot to give. on this is the compact car has a top speed of one hundred ninety kilometers per hour so that's actually no different to the smaller engine. but when you want to put your. down for a sudden spurt then you do notice the benefit of the new engine with its admission all tour. this summer then on that death and then making this really likes the design of the hunt and she has
excel rates from zero to one hundred kilometers an hour in eight point seven seconds if you're not so keen on a manual you can get an automatic transmission for an extra thirteen hundred euros . have cockiness notices while driving that the biting point on the clutch pedal is very high then gears have a very short throw so it can feel sporty but it is feels she has to really work the gas pedal to pick up speed and then it feels like she has a lot of revs but it's not necessarily being...