macri convince them that argentina is a safe place to invest? >> the government of argentina is holding this investment for um, calling it a mini davos. the government is trying to turn the page on the policies of cristina fernandez. the new president, macri, is showing that they can be trusted. investors here have committed to more than $40 million so far. that is not all. there is a lot of interest in renewable energy, too, after a decade of broken problems -- .roken promises it is time to get back on track. >> president macri has lifted currency controls and reduced impact -- import taxes. confident in the new regime, very confident in their policies. i am very confident in that quantitative part of it. the quantitative part ofoft has to be e delivered. if you do not live up to the promises, you are in trouble. >> nothing necessarily magically is going to change. there are still a lot of behavioral aspects that will have to change, and a lot of the rules and the regulations that have to change i think before things will get that much better.

president macri: pipelines. we are starting to build them.connect a huge country like argentina. we are working closely with all the leaders in the country, political leaders, unions, companies, to work under productivity problems. reduce our costs? how can argentina be competitive? we are all working on that idea, improving our ways of production. improving our education system. erik: what is your top priority? something you hope to achieve in the next six months? president macri: nexus months -- next six months? erik: what is at the top of your list? president macri: top of my list, i have three main objectives. reduce poverty -- erik: i'm talking about policy. you cannot remove poverty in six months. president macri: no, no can know, that would take decades. decade finish with poverty in argentina. erik: no poverty in a decade? that is an ambitious goal. let's go back to the six months. president macri: we are working hard to build strategic alliance with different countries around the world. we have one with china. we are working on one w

macri is trying to do here, but mr. renzi started first and his performance and it is starting to run into obstacles, this that mr. macquarie bases here. do you worry that argentina is going to go back into [indiscernible] naguib: mr. macri has the people behind him. aboutre very enthusiastic him. mr. renzi has a lot from the inside and outside, italian politics, so my guess is that mr. macri of the more successful and mr. renzi has a lot to do. erik: thank you so much. naguib sawiris, the chairman and andand he is prospecting argentina. lots of opportunity and he has not decided what he likes most just yet. back to you. julie: great job mark: -- mark:great job. and other exclusive interview from the inaugural argentina is this forum. we will hear from the chief executive of agricultural giant. do not miss it. this is bloomberg. ♪ mark: five from london and new york. i am mark barton. vonnie: i am vonnie quinn in new york. let's return to argentina for that cannot drill this is an investment forum. erik schatzker is bac

as you know president macri took office last december. it has been nine long months of hard work trying to have a different approach to argentina and argentina in the world. it is our view, it is the view of the president that in this day and age, the only way for us to really get to the point where we need to be from a development, from a consolidation of institutions perspective, from the perspective of a, being a mature democracy, a mature country, to do that, within a very integrated view into the world. president macri came with a very clear preobjective set for our government. the first of all is elimination of poverty. it is a, hard to say, it is heartbreaking in a way, argentina has a poverty level of 30%. a little more than 30%. such a rich country, a country with so many resources of all sort. it is hard to understand how we are where we are in this field. so the first objective is to eliminate poverty. this is much in line with the view that the world has of sustainable development, on climate change, on doing it in a manner th

president macri came with a very clear pre-objective set for our government. first of all is initiative of -- a nation of poverty. it is hard to say, it's heartbreaking in a way but argentina has the poverty level of around 30%, even a little bit more than 30%. such a rich country, such country with so many resources of all sort. it's hard to understand how we are where we are in this field. so the first objective is to eliminate poverty. and this is much in line with the view that the world has on sustainable development, on climate change, all in a manner which will be sustainable long-term. so his first objective, which seems so geared towards the intro perspective of argentina is the marching orders that have asked the foreign minister of argentina. clearly, our job is to bring argentina back to the world, that is to do it so that we can generate business opportunities, investment opportunities, trade opportunities and away that allows us to create jobs that are sustainable in the long term. not jobs that depend on a particular sub study, not jobs that fee

. >> you mentioned in your remarks president macri's priorities and in february he came to the council on foreign relations and laid out his foreign policy priorities and one of them was to develop a more cooperative relationship with the united states. and so let me ask you, what two or three policy areas would your government like to pursue with washington, and also, what would you like to see washington do to facilitate a closer relationship between our two governments? >> well, first of all, since the president was here back in february many things have happened. president obama visited argentina in what we consider was a very successful visit and very successful encounter between the two leaders and their teams. secretary kerry has visited also. we have had a much more detailed work and many other leaders from the administration have come to follow through what we have initially committed. first of all we are now engaged in a high level political dialogue. there is a direct communication between the two administrations at different levels. we are trying to sort out some of the hur

after a decade of broken promises by a government that lied, it's time for argentina to track.k on macri haspresident lifted currency controls on the reduced taxes. we spoke to foreign investors to learn if they're convinced. the newonfident in regime. i'm confident in their policies. confident in the qualitative part of it. hasquantitative part of it to be delivered. you can rebrand a country or a service but if you don't live up to the promises, you're trouble. nothing necessarily magically will change. there are behavioral aspects oft have to change and a lot the rules and the regulations that they're speaking about that change, i think before things will get that much better. has increasedrty powermacri has come to and he's brought down inflammation.8úxú 09/14/16 09/14/16 [captioning made possible by democracy now!] amy: from pacifica, this is democracacy now! >> how is this all possible? >> think of it as a google search. e-mails, chats, whatevever. the nsa is really tracking every cell phone in the worldld. >> most americans don't want freedom, they want security.

we have got exclusive interviews bob the president, macri, dudley, and more. i amemann i john heilemann. .ark: and i am mark halperin for those who think they have a body -- thanks, guys. we will take it from here. ♪ a beautiful day in new york, and we are feeling great. we are not trying to get too grossly generalist it, as we look at what is defining the presidential race. one poorly

yes, mauricio macri has marketced the laws of oriented reforms since he has been in office.ong history of populism. this guy is trying to drag the country out of the dark ages. argentina, under christina fernandez, was effectively headed down the road to a place like venezuela. everybody wants to know it is not going down that road again. done, what hase he delivered, and what is still to do? lot, he has a cobbler's a what some people might say he has picked the low hanging fruit -- he has accomplished a lot, but some people might say he has picked the low hanging fruit. he has lifted some trade restrictions, but that is not enough. there is institutionalized corruption in the argentine bureaucracy that may not take a single presidential term to eradicate. it may take a genetic rewiring of two generations. tom: erik schatzker with that important interview later today, from point of cyrus. -- from buenos aires. ken rogoff, in your book "the curse of cash," i would think jamie dimon is a banker -- as a banker has a little bit to say about this. can economists like you look at

the presidentd by mauricio macri. this is bloomberg. david: taking down the hawks -governor brainerd takes a dovish tone and rate hate -- rate hike bets are fading away. jonathan: policy support is doing its job. alix: oil is falling to a one-week low after the iea says the glut will last longer than estimated. david: welcome to "bloomberg ." brainerd speech got attention but there was another central-bank move from bank of japan. jonathan: let's begin with the brainerd speech. he scheduled a speech before the blackout period and wiped out the rate hike move. alix: is she on board for december? the boj could change the maturity profile of its asset purchase program at its next so they want to kick a focus on the yield curve to help the banks. we will see whether it helps banks and savers and insurance companies. alix: pimco is taking duration risk off the table and buying inflation linked bonds. we will cover this over the next two hours. will go to and is aries for the argentina business and economic forum. the argentine president