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very positive experience for them when he was a teen paul crook was also an enthusiastic supporter of mao. i think i must have been really quite excited about the idea of seeing now even in the distance of the sports event he was this great idol that we had in our textbooks and people talked about. yeah rather like i think. teenagers are pretty mages worship their pop idols in their. mouths it on established the people's republic of china in october nineteen forty nine and was held by many chinese as the founder of a new society. over the last century china had experienced foreign occupation followed by a bloody civil war for the first time since the end of the imperial age china would now set its own course. mt was the undisputed leader of this new state. two austrian women goodrem alba and her mother brasilia fung lived in china at the time. in one nine hundred fifty one busy area had immigrated to china with her daughter who was three years old at the time in her first year of school due to an experienced mouse propaganda first hand. in austria brasilia had been a single parent until s
very positive experience for them when he was a teen paul crook was also an enthusiastic supporter of mao. i think i must have been really quite excited about the idea of seeing now even in the distance of the sports event he was this great idol that we had in our textbooks and people talked about. yeah rather like i think. teenagers are pretty mages worship their pop idols in their. mouths it on established the people's republic of china in october nineteen forty nine and was held by many...
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we flew into beijing airport late at night and here was this huge white statue of mao all lit up. it was like the entrance to paradise. and there was china this huge country now laying before us. the visitors were welcomed by government public relations teams who outlined the numerous achievements of the cultural revolution. in mccomas and face showed us around the city. they took us to the great hall of the people really which was an incredible honor that was the start of our china trip. it was something. we sang the internets and we raised our fists and we moved to tears it was a very emotional experience we were like groupies at a rock concert kevin. absolutely overjoyed. that. danielle polo brought a movie camera so that she could film for her friends back home. we visited people's commie ins and saw peasants at work in the fields and we saw big construction projects factories and foundries that had sparks flying all around . and of course we had lots of speeches. the european tourists who left beijing and traveled around the country. at one school around cheap red guard girl
we flew into beijing airport late at night and here was this huge white statue of mao all lit up. it was like the entrance to paradise. and there was china this huge country now laying before us. the visitors were welcomed by government public relations teams who outlined the numerous achievements of the cultural revolution. in mccomas and face showed us around the city. they took us to the great hall of the people really which was an incredible honor that was the start of our china trip. it...
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Jan 11, 2019
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here is debra mao.e cofounder expects next-generation 5g technologies to energize demand for its smartphones. in the exclusive interview, the ceo showed a plan that wiped off market value. phone maker is looking at expanding into europe while forgoing the u.s. market. priority for our overseas expansion will be european markets. we hope to choose two or three countries to break into to prove xiaomi is capable of putting a footprint in developed countries. that is our global business strategy. debra: the board of google parent alphabet is being sued for a payment for the so-called founder of android and protecting other executives accused of sexual misconduct. a shareholder claims the directors failed in their duty by allowing the harassment to occur, and for covering up the alleged behavior. representatives of globe -- of google declined to comment. he has denied any potential misconduct. surpassed air france and klm to be the biggest airliner in europe. lufthansa group passenger -- -- klm is into dange
here is debra mao.e cofounder expects next-generation 5g technologies to energize demand for its smartphones. in the exclusive interview, the ceo showed a plan that wiped off market value. phone maker is looking at expanding into europe while forgoing the u.s. market. priority for our overseas expansion will be european markets. we hope to choose two or three countries to break into to prove xiaomi is capable of putting a footprint in developed countries. that is our global business strategy....
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Jan 2, 2019
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let's check in on first word headlines with ever mao.thee measure contraction for the first time since may 2017. manufacturing pmi fell, down from 50.2 in november. trade war with the u.s. and a wider economic slowdown. and brazil's president has been sworn in. the former army captain promising to tackle crime, corruption, and economic malaise. suggests two poll months after his victory, 75% of brazilians think the new leader is on the right track. however, the reality is given up most of its postelection gains. italy's president has chastised the populist coalition government for ramming it spending plan through parliament. he used his year dressed warned the country's growing debt pile analyzes ordinary citizens. the deputy premier used his own ears beach to say there is plenty more to be done on the populist agenda, including cutting the pay of politicians. yoursa may used a new video message to urge and the division over divisions of her brexit. saying the country has all it needs to thrive after leaving the european union. she said
let's check in on first word headlines with ever mao.thee measure contraction for the first time since may 2017. manufacturing pmi fell, down from 50.2 in november. trade war with the u.s. and a wider economic slowdown. and brazil's president has been sworn in. the former army captain promising to tackle crime, corruption, and economic malaise. suggests two poll months after his victory, 75% of brazilians think the new leader is on the right track. however, the reality is given up most of its...
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Jan 4, 2019
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anna: thanks very much, debra mao.n asia diverge japanese equities slumping on their first trading day of the year as investors caught up with the negative news from weak economic data to apples sales outlook cut. shares in china rallied with u.s. futures after beijing confirmed trade talks between vice ministers next week. the yen slipped after yesterday's flash crash. things look different this time versus this time yesterday. credit at of eva investors joins us now. good to have you with us. give us your global view as you head into 2019. haveems the markets oscillated a lot already this year. colin: i think to kick off what we have seen a period of low liquidity. moves have been exaggerated up and down, as we saw over the christmas period. when we look at markets, we saw 2019 in a relatively cautious place. we have concerns in the u.s. around potential policy errors, the economy slowing down, be it from a strong position. on the back of that, concerns the federal reserve will be raising interest rates potentially i
anna: thanks very much, debra mao.n asia diverge japanese equities slumping on their first trading day of the year as investors caught up with the negative news from weak economic data to apples sales outlook cut. shares in china rallied with u.s. futures after beijing confirmed trade talks between vice ministers next week. the yen slipped after yesterday's flash crash. things look different this time versus this time yesterday. credit at of eva investors joins us now. good to have you with us....
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Jan 1, 2019
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and chairman mao attempts to bring healthcare to the masses with barefoot doctors.d back 100 years to 1918 when the russian tsar, nicholas ii, and his entire family were murdered by russian revolutionaries. in 1998, after the fall of communism, their remains were unearthed and they were reburied in st petersburg. princess 0lga romanoff, the great—niece of the tsar, tells the story. following the priests and the nobles, tsar nicholas of imperial russia, with his wife and children. one day, all to find death in a bullet swept cellar. my grandmother was tsar nicholas ii's sister, and my father was tsar nicholas ii's eldest nephew. he called him "uncle nicky". nicholas adored him and he travelled a lot with the tsarina and with the tsar, and was very close with the girls. they used to have cycle races and pony races up and down the palaces. the russian territories are vast and they were incredibly powerful. also, nicholas was the head of the church. already, there was bolshevik movements, and the russian royal family were not as powerful as they were say in 1900. 0n mar
and chairman mao attempts to bring healthcare to the masses with barefoot doctors.d back 100 years to 1918 when the russian tsar, nicholas ii, and his entire family were murdered by russian revolutionaries. in 1998, after the fall of communism, their remains were unearthed and they were reburied in st petersburg. princess 0lga romanoff, the great—niece of the tsar, tells the story. following the priests and the nobles, tsar nicholas of imperial russia, with his wife and children. one day, all...
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Jan 9, 2019
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debra mao has the first word news.ebra in: congress give him billions of dollars to combat illegal migration. trump said funding for a border wall was the only way to stop shutdown.l government democrats rejected the president's description of a crisis on the mexican border and said trump must stop holding the american people hostage. president trump: the wall would quickly pay for itself. the cost of illegal drugs exceeds $500 billion a year, vastly more than the $5.7 billion would have requested from congress. the wall will also be paid for indirectly by the great new trade deal we have made with mexico. >> sadly, much of what we heard from president trump throughout this shutdown has been full of misinformation and even malice. the president has chosen fear. manus: may fish suffered a defeat in parliament last night with rebels from her party voting to restrict her room for maneuver in the event of a no-deal brexit. 20 conservative lawmakers voted against may, sending a signal to her opposition to crashing out of th
debra mao has the first word news.ebra in: congress give him billions of dollars to combat illegal migration. trump said funding for a border wall was the only way to stop shutdown.l government democrats rejected the president's description of a crisis on the mexican border and said trump must stop holding the american people hostage. president trump: the wall would quickly pay for itself. the cost of illegal drugs exceeds $500 billion a year, vastly more than the $5.7 billion would have...
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Jan 17, 2019
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here, the five pillars of the communist party are pictured, from mao, to xi jinping. do you think that in the future there will be a nenew dalai laa liviving here? the museum directosasays no, a the reononal govnmenent ficial imes in, explaining that the pota palalace a mususeu a dalai lalama would notot fit. but what a apparently does fit everywhere, is china's flag. even atop tibet's most holy spot, the jokhang temple. a reminder by china about who is ruling here. for chinese tourists, the temple is mainly regarded as a museum, or a good place to take snapshots of people in traditional outfits. but just next door, the buddhist faithful spin prayer wheels, and pray according to their tradition, by lowering themselves to the ground. for tibetans, such places are more than just museums. and that is at the heart of the conflict here. we could sense the tension when we met the temple's senior monk. he has learned to be cautious when official monitors are around. he tells us that things have improved and that they don't need a dalai lama. la ba: we practice jokhang temple
here, the five pillars of the communist party are pictured, from mao, to xi jinping. do you think that in the future there will be a nenew dalai laa liviving here? the museum directosasays no, a the reononal govnmenent ficial imes in, explaining that the pota palalace a mususeu a dalai lalama would notot fit. but what a apparently does fit everywhere, is china's flag. even atop tibet's most holy spot, the jokhang temple. a reminder by china about who is ruling here. for chinese tourists, the...
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Jan 4, 2019
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let's get the bloomberg business flash with debra mao in hong kong.irbus is said to have narrowly missed its reduced target for aircraft deliveries last year. despite operating until the last minute of december 20 -- 31st, the top 790, the sales reached a goal of about 1800. airbus had aimed to ship close to 820 planes this year including the renamed a 220 model. it cut that targeting october. after a brief stint as white house communications director, anthony scaramucci's rebooted career in hedge funds is going better. in one of the for -- worst years ever for the hedge fund industry, sky bridge capital, the investment firm anthony scaramucci founded and runs again managed to make money. in an interview with bloomberg, anthony scaramucci said each of unauditedmade an return of 23.5% after fees. that is your bloomberg business flash. anna: thank you very much. u.k. house price growth slows to -- according to nationwide building society, annual highs -- house price inflation slowed to have a percent in december, down from 2.6% a year earlier. with unce
let's get the bloomberg business flash with debra mao in hong kong.irbus is said to have narrowly missed its reduced target for aircraft deliveries last year. despite operating until the last minute of december 20 -- 31st, the top 790, the sales reached a goal of about 1800. airbus had aimed to ship close to 820 planes this year including the renamed a 220 model. it cut that targeting october. after a brief stint as white house communications director, anthony scaramucci's rebooted career in...
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Jan 10, 2019
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debra mao is in hong kong with that. may has suffered her second defeat in two days in the house of commons. lawmakers voted to force the u.k. prime minister to return with a revised brexit planned in three days if as expected her eu withdrawal deal is rejected next week. they had originally expected to have three weeks to come back to parliament. hold -- call will for a general election if the deal is defeated next week. president trump stormed out of a white house meeting with congressional leaders yesterday as shutdown talks collapsed over his continued insistence on one wall funding. nancy pelosi asked if she would approve funds for border wall if he opened federal agencies for a month. she said no and he walked out. said -- he said, if i open up the government, you will not do what i want. that is callous. millions ofg innocent people as pawns. it was wrong. a few minutes later slammed the when we do below see said she did not agree with the wall, he walked out and said we have nothing to discuss. >> the democratic
debra mao is in hong kong with that. may has suffered her second defeat in two days in the house of commons. lawmakers voted to force the u.k. prime minister to return with a revised brexit planned in three days if as expected her eu withdrawal deal is rejected next week. they had originally expected to have three weeks to come back to parliament. hold -- call will for a general election if the deal is defeated next week. president trump stormed out of a white house meeting with congressional...
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Jan 1, 2019
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mao ershi village in sichaun province is home to many people of the chong tribe, a tibetan ethnic minorityabout 90% of the homes in this village were destroyed in the quake 10 years ago. in the past, most villages were farmers. but based on the government's reconstruction policy, the village would become a tourist attraction thanks to its ethnic background. to create a sense of uniformity, even homes that were damaged in the quake were torn down and rebuilt, against the wishes of the residents. >> wong, head of the village, was caught up in a dispute between the local government and residents who were upset at the susudden unilateral tourism pla government and residents who were upset at the sudden unilateral touourism plan. the government, offering to cover construction costs, eventually won the villagers over, and a picturesque village was completed in around six months. the government followed up with a grand media blitz to advertise the local ethnic culture. how is the village faring 10 years earlier? wang takes us to a restauaurant. although it's a sunday, it is completely empty. for
mao ershi village in sichaun province is home to many people of the chong tribe, a tibetan ethnic minorityabout 90% of the homes in this village were destroyed in the quake 10 years ago. in the past, most villages were farmers. but based on the government's reconstruction policy, the village would become a tourist attraction thanks to its ethnic background. to create a sense of uniformity, even homes that were damaged in the quake were torn down and rebuilt, against the wishes of the residents....
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Jan 23, 2019
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here is debra mao in hong kong.bm gave a positive forecast for 2019 and reported earnings that beat analyst estimates. they dropped almost 25% in the past 12 months. sources told bloomberg the tech giants agreement to provide cloud services to bnp paribas could be worth as much as $2 billion over the next eight years. company has been working to reverse revenue declines by transitioning its business to faster growing areas of technology such as cloud software and artificial intelligence. washington's scrutiny of tech companies has intensified, big tex has spent more and more on lobbying -- tec has spent more and moreh on lobbying. according to federal disclosures, google spent more than $21 million in lobbying costs, while facebook spent nearly $13 million. that is your bloomberg business flash. manus. manus: thank you very much. we returned to davos for more top minds in business. ♪ in asia soft session today. the msci asia-pacific index off by .3%, perhaps taking its cue from the u.s. session yesterday as concerns
here is debra mao in hong kong.bm gave a positive forecast for 2019 and reported earnings that beat analyst estimates. they dropped almost 25% in the past 12 months. sources told bloomberg the tech giants agreement to provide cloud services to bnp paribas could be worth as much as $2 billion over the next eight years. company has been working to reverse revenue declines by transitioning its business to faster growing areas of technology such as cloud software and artificial intelligence....
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Jan 9, 2019
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thank you very much, debra mao in hong kong.utomakers are the biggest gainers after china signaled it is preparing measures to boost consumption of cars. sales data from the country is expected to show the first annual decline in at least two decades. about theet's talk main factors behind the expected slump. we are expecting to see disappointing numbers out of china car sales. china's economy is slowing. growth is expected to slow to 2018, and as in you are aware, on the trade war with the u.s. has hurt consumer confidence in china. any decline should not be surprising. the domestic car market has grown from nothing to the world's largest. the base is very high. anna: and getting higher. feeling underkers pressure? we hear from chinese authorities they are looking to support the sector. think the overall picture remains unclear because most car companies have not .nnounced their 2018 results automakers are starting to feel , the sharp decline in their share prices. local companies just reported sales decline for december, flat
thank you very much, debra mao in hong kong.utomakers are the biggest gainers after china signaled it is preparing measures to boost consumption of cars. sales data from the country is expected to show the first annual decline in at least two decades. about theet's talk main factors behind the expected slump. we are expecting to see disappointing numbers out of china car sales. china's economy is slowing. growth is expected to slow to 2018, and as in you are aware, on the trade war with the...
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Jan 11, 2019
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let's go to debra mao for first word news.illesident trump says he most likely declare a national emergency in regards to the u.s. southern border if congress does not agree to funding for his wall. the shutdown ending its 20th day, the u.s. president flew to texas to rally support for his plan. according to a bloomberg source, the white house is considering whether emergency funding for disaster relief can be diverted. >> when i say mexico is going to pay for the wall, that's what i said. i didn't say they would write me a check, i said it would pay for the wall. and if congress approves this incredible trade bill we have made with mexico, and canada, but with mexico, they are paying for the wall many times over. powell says the federal reserve can be patient when adjusting interest rates. in a queue in day, the fed chairman said he is watching and risksg to see how global impact the domestic economy. they also confirmed the central bank is sticking with its plan of shrinking its balance sheet. participantvidual submits his o
let's go to debra mao for first word news.illesident trump says he most likely declare a national emergency in regards to the u.s. southern border if congress does not agree to funding for his wall. the shutdown ending its 20th day, the u.s. president flew to texas to rally support for his plan. according to a bloomberg source, the white house is considering whether emergency funding for disaster relief can be diverted. >> when i say mexico is going to pay for the wall, that's what i...
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Jan 8, 2019
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's been a name either -- mostly an inif a mao name. -- an infamous name. but i think what we ought to be more on our guard about are the institutions in the federal valiantly that are benign in their intentions. the federal reserve, for example. the department of the treasury. the securities and exchange commission. these institutions set up as ben factors the public. and i think increasingly they are not so. >> author and columnist james grant. sunday night at 8:00 eastern on -span's q&a. >> c-span, where history unfolds daily. in 179, c-span was crealted as a public service -- was created as a public service by america's cable television companies and today we continue to bring you unfiltered coverage of congress. the white house. the supreme court. and public policy events in washington, d.c., and around the country. c-span is brought to you by your
's been a name either -- mostly an inif a mao name. -- an infamous name. but i think what we ought to be more on our guard about are the institutions in the federal valiantly that are benign in their intentions. the federal reserve, for example. the department of the treasury. the securities and exchange commission. these institutions set up as ben factors the public. and i think increasingly they are not so. >> author and columnist james grant. sunday night at 8:00 eastern on -span's...
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Jan 20, 2019
01/19
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going to show you one of our most important works of art in this museum — it is the cauldron of duke of mao 3000 years ago. and the outside decoration is modest, but quite important, in fact, is the inscription inside. you can find 500 chinese characters being cast and this is the longest inscription ever found in any ancient chinese bronze. last beijing would like to see a lot of exhibits returned, many trainees in taiwan say some of these priceless objects may not have survived the purchase of china's cultural revolution if they had stayed on the mainland. with so much to display some of the collection often travels abroad, later this year pa rt often travels abroad, later this year part of that will go on show in australia and in the run—up to the 2020 olympic games it would then be heading to japan. but so far there are no plans to allow any of the correction to go on show in mainland china anytime soon. —— any plans to allow the collection. they are not for today i'm here in a beautiful ski result in the french alps to test out a bunch of the latest ski gadgets. first up is an artifici
going to show you one of our most important works of art in this museum — it is the cauldron of duke of mao 3000 years ago. and the outside decoration is modest, but quite important, in fact, is the inscription inside. you can find 500 chinese characters being cast and this is the longest inscription ever found in any ancient chinese bronze. last beijing would like to see a lot of exhibits returned, many trainees in taiwan say some of these priceless objects may not have survived the purchase...
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Jan 21, 2019
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playing the china card and mao zedong playing the america card. you get a lot of that in the nixon tapes. out feelers to establish relations with the communist chinese and they tried it with poland originally. the johnson administration tried it didn't go anywhere. they tried other channels, it didn't work. the one that did work was between a mutual ally between the u.s. and communist china, dictator.led by a inn this channel went active --ch and april of 1970 81, have had a message, we messages from different sources from the united states in the past but this is the first time a proposal has come from ahead, to a head, through a head. nixon sending it through the dictator to mao zedong. back channels were useful. uncover, ifamazing you want to call it that, when andn announced to the world kissinger announced in 1971 the kissinger had visited china and they agreed to set up a summit meeting for the coming year, and in february 1972, the united states was pursuing a normalization of relations with communist china. that is one use of back channels
playing the china card and mao zedong playing the america card. you get a lot of that in the nixon tapes. out feelers to establish relations with the communist chinese and they tried it with poland originally. the johnson administration tried it didn't go anywhere. they tried other channels, it didn't work. the one that did work was between a mutual ally between the u.s. and communist china, dictator.led by a inn this channel went active --ch and april of 1970 81, have had a message, we...
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Jan 17, 2019
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nejra: debra mao in hong kong. theresa may survived a vote of no-confidence, but with her deal all but dead and the eu saying they will not renegotiate, what comes next? reopenme minister has negotiations. but will these talks there any fruit? newsng us to join is our director. let's start with you. is the government secure after quote --ast night5 last night's vote? win.e did fairly comfortably considering she has a minority government. however, that doesn't mean mr. corbyn can't propose another vote in the future. in the coming days, she is going to come up with some sort of exit lan. if that means, i don't know, a customs debate, that is going to infuriate any inside. it is possible mr. corbyn is going to find another opportunity to drive a wedge in her own party. the upside is there is a whichssed time at wish -- point she must come up with a plan. >> this cannot last longer. at the moment, all the options are out there. she was asked repeatedly when she is going to give it away from some of her big red lines l
nejra: debra mao in hong kong. theresa may survived a vote of no-confidence, but with her deal all but dead and the eu saying they will not renegotiate, what comes next? reopenme minister has negotiations. but will these talks there any fruit? newsng us to join is our director. let's start with you. is the government secure after quote --ast night5 last night's vote? win.e did fairly comfortably considering she has a minority government. however, that doesn't mean mr. corbyn can't propose...
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Jan 2, 2019
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debra mao has the first word headlines. trump has invited top congressional leaders from both parties to a white house briefing on border security. this follows the president suggesting he wants a deal to end the shutdown. this is the first sign of an opening in negotiations in a stalemate that has shut down the government for 11 days. inincludes eight top leaders the new house and senate that convenes on thursday. trump hinted he was offering and all of branch to nancy pelosi. warren haszabeth taken a major step toward the 2020 white house run. the massachusetts aggressive said in a message she is launching a exploratory committee for a presidential campaign. president has been sworn in, and is promising to tackle crime, corruption, and economic malaise in nationalism that is sweeping the country. an opinion poll suggests 75% of brazilians think he is on the right track. we have in front of us the unique opportunity to rebuild our country. i am sure we will face huge challenges. if we have the wisdom to hear the voice of t
debra mao has the first word headlines. trump has invited top congressional leaders from both parties to a white house briefing on border security. this follows the president suggesting he wants a deal to end the shutdown. this is the first sign of an opening in negotiations in a stalemate that has shut down the government for 11 days. inincludes eight top leaders the new house and senate that convenes on thursday. trump hinted he was offering and all of branch to nancy pelosi. warren haszabeth...
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Jan 21, 2019
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nixon playing the title card and mao zedong playing the american card. there are elements of that in the nixon tapes. nixon sent out feelers to establish relations with the communist chinese. he tried it originally with poland. the johnson administration tried it with paul and -- poland. he tried other channels. the one that worked was between a mutual ally between the u.s. and china, pakistan led by a dictator. active inhannel went march-april of 1971, there was a message saying, we had messages from the u.s. from different sources. this is the first time a toposal has come from a head a head. nixon the one head, sending it through pakistan to mao zedong. back channels are useful. uncover whenmazing announcedkissinger kissinger had visited china and they agreed to set up a summit in 1972 and the u.s. was pursuing a normalization of relations with china. that is a use of back channels. is more current, although less relevant. a conference of plan of action, the iran deal. president trump pulled the u.s. out of it. relevant. but it is a recent example. th
nixon playing the title card and mao zedong playing the american card. there are elements of that in the nixon tapes. nixon sent out feelers to establish relations with the communist chinese. he tried it originally with poland. the johnson administration tried it with paul and -- poland. he tried other channels. the one that worked was between a mutual ally between the u.s. and china, pakistan led by a dictator. active inhannel went march-april of 1971, there was a message saying, we had...
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Jan 13, 2019
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china comes out of the mao zedong era with no debt and gets its economy up and a reasonably controlledhion and becomes the second largest economy in the world, and a major innovator in things like technology and whatnot. and so, what will happen? is it sustainable? they have used a lot of debt to get there, as well. and in a country that perhaps doesn't have the full transparency we would like to see, i think it's still a question mark. it's extraordinary what is going on in that country. one surely hopes it's for real. the population having strong economic growth in the middle class will be healthy for everybody. but it's a big question mark. david: what makes jes staley the banker he is today? jes: being a contrarian is a powerful place to be in. ♪ david: what makes jes staley, at least the banker, that he is today? you identify with asset management. that's a big move you made which was not universally seen as the right way to go. it was contrarian. what led to your decision? jes: when you set the strategy of a bank going forward, every now and then, if part of your strategy is a co
china comes out of the mao zedong era with no debt and gets its economy up and a reasonably controlledhion and becomes the second largest economy in the world, and a major innovator in things like technology and whatnot. and so, what will happen? is it sustainable? they have used a lot of debt to get there, as well. and in a country that perhaps doesn't have the full transparency we would like to see, i think it's still a question mark. it's extraordinary what is going on in that country. one...
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Jan 25, 2019
01/19
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BLOOMBERG
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nejra: debra mao in hong kong, thank you.sachs ceo says good prospects are underwriting this year, and he downplayed concerns the leverage loan risk for big banks. he spoke to jonathan ferro at the world economic forum in davos. >> our underwriting book is not consistent, i would say it is below levels that were higher at certain points based on individual transactions. we might have distributed at one point in time, leverage finance activity has slowed based on the slowdown. we feel good about the commitments we have. there is a lot of took about leverage loan growth, i do not think people necessarily put it against market cap growth. that is important thing to balance. you said it has exploded, i guess market cap growth you would use a different adjective. buts at record levels, there has been good market cap expansion to support that. >> supply exploded relative to the high-yield. >> absolutely, there is no question there was a growth in leverage loans. , i am notenario looking at the big bank balance sheets and thinking a
nejra: debra mao in hong kong, thank you.sachs ceo says good prospects are underwriting this year, and he downplayed concerns the leverage loan risk for big banks. he spoke to jonathan ferro at the world economic forum in davos. >> our underwriting book is not consistent, i would say it is below levels that were higher at certain points based on individual transactions. we might have distributed at one point in time, leverage finance activity has slowed based on the slowdown. we feel good...
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Jan 10, 2019
01/19
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BLOOMBERG
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debra mao in hong kong. theresa may has suffered her second defeat in two days. to return with a revised brexit plan within three days. if as expected the withdrawal deal is rejected next week, the government had originally expected to have three weeks to come back to parliament. later, opposition labor party leader jeremy corbyn will call on may to hold a general election if her brexit deal is defeated next week. president trump stormed out of a white house meeting with congressional leaders yesterday as talks collapsed over his continued insistence on border while funding. tweeted thatident he asked nancy pelosi of she would approve funds for his border wall if he reopened federal agencies for a month. she said no, so the president walked out. democratic leaders say the government is restart before wall talks can begin. slowed factory inflation sharply in december, continuing the slowdown for a six straight month. year earlier,from the weakest level since late 2016 on softening demand and lower commodity p
debra mao in hong kong. theresa may has suffered her second defeat in two days. to return with a revised brexit plan within three days. if as expected the withdrawal deal is rejected next week, the government had originally expected to have three weeks to come back to parliament. later, opposition labor party leader jeremy corbyn will call on may to hold a general election if her brexit deal is defeated next week. president trump stormed out of a white house meeting with congressional leaders...
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Jan 16, 2019
01/19
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BLOOMBERG
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debra mao in hong kong.a: reversed course selling as the bank' next ceos after standoff of tens of millions of dollars in deferred pay. the unit until recently with the swiss bank holding a hard-line that he would not receive bonuses from previous years. santander refusal to pick up the bill of $40 million to $60 million which means alvare will continue as ceo. close to raising $20 billion for the largest ever real estate fund having only started fiscally marketing the fund towards the end of last year. blackstone is already the private equity industry's largest real estate investor. a source says it plans to close the new find at the first quarter of this year. that is your bloomberg business flash. nejra: debra mao in hong kong, thank you so much. let's turn to china and the central bank just me its biggest cash injection on record. punting in around $83 billion yesterday in the latest steps to prop up the economy. the move comes ahead of the week long looming new year holiday next month which typically tr
debra mao in hong kong.a: reversed course selling as the bank' next ceos after standoff of tens of millions of dollars in deferred pay. the unit until recently with the swiss bank holding a hard-line that he would not receive bonuses from previous years. santander refusal to pick up the bill of $40 million to $60 million which means alvare will continue as ceo. close to raising $20 billion for the largest ever real estate fund having only started fiscally marketing the fund towards the end of...
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Jan 18, 2019
01/19
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BLOOMBERG
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let's get the first word news update with debra mao.sa may is said to have promised pre-brexit conservatives she won't agree to keep britain in a customs union with the eu. to bloomberg sources, the prime minister told lawmakers there won't be an extension to the march brexit deadline. opposition politicians have been continuing with little progress. jeremy corbyn is more time the talks, saying it would be impossible for her to roll out a no deal brexit has he demanded. the chicago fed president charles evans says the u.s. central bank can easily take a patient stance for further rate increases, speaking in an interview with bloomberg television. this, a voting member year, said the fed is in a good place for pausing as the central bank assesses economic outlook amid muted inflation. >> we are at a good point for pausing. i'm not worried about inflation getting out of hand. if anything, the inflation data has been softer than i was expecting and i would say i am going to be cautious and take more care to make sure inflation will continu
let's get the first word news update with debra mao.sa may is said to have promised pre-brexit conservatives she won't agree to keep britain in a customs union with the eu. to bloomberg sources, the prime minister told lawmakers there won't be an extension to the march brexit deadline. opposition politicians have been continuing with little progress. jeremy corbyn is more time the talks, saying it would be impossible for her to roll out a no deal brexit has he demanded. the chicago fed...
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Jan 3, 2019
01/19
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CSPAN3
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in-depth in the book and who was portrayed on the cover of "time" magazine in the 1970s as the chairman mao of feminism. jermaine grier, gloria stein steinemand others who attacked courtship and roamance and all of those things, we're done with all that and in the process they sort of joined forces with the sexual revolution which was also happening at that same time in our history and the sexual revolutionaries tended to be men who were tired with the standards that you had to court a woman and had to have a relationship, at least a marriage, before you can expect sexual intimacy. they were all about tearing down those standards, too, and in a way, as i argue, if the feminist his not joined forces with the sexual revolutionaries then the 1960s which of the time was counter culture and would never have become what it is today where is a dominant culture where we have a free for all about sexuality and it has led to tremendous pain and dysfunction. there are millions of kids growing up in homes without two parents. there are millions of men who are disconnected from their children, from thei
in-depth in the book and who was portrayed on the cover of "time" magazine in the 1970s as the chairman mao of feminism. jermaine grier, gloria stein steinemand others who attacked courtship and roamance and all of those things, we're done with all that and in the process they sort of joined forces with the sexual revolution which was also happening at that same time in our history and the sexual revolutionaries tended to be men who were tired with the standards that you had to court...
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next time on your own max to mark the five hundredth anniversary of the death of leader mao through differentiate the construct a very large city is dedicated to a multimedia show to this for a new songs man along with the ventures masterpieces for forbes for raphael and michel angelo can also be seen as huge great year projections on the walls underscored music. giants of the renaissance next time on your own words. odd. the fast pace of life in the digital globe shift as the lowdown on the web showing new developments and providing useful information in the wittiest finds and interviews with makers and users. should be fifteen minutes i'm going to. take on such going to sleep guy is back. defending champions by and munich achings off against hoffenheim and shows desk still a force to be reckoned with. but league leaders both top munro's to the challenge getting by on a plane with a window open ice age. thirty minutes on d. w. . where is home. when your family is scattered across the globe. but this is to. keep the focus on the journey back to the roots should get a minimum of. the shots family
next time on your own max to mark the five hundredth anniversary of the death of leader mao through differentiate the construct a very large city is dedicated to a multimedia show to this for a new songs man along with the ventures masterpieces for forbes for raphael and michel angelo can also be seen as huge great year projections on the walls underscored music. giants of the renaissance next time on your own words. odd. the fast pace of life in the digital globe shift as the lowdown on the...
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Jan 20, 2019
01/19
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BBCNEWS
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going to show you one of our most important works of art in this museum — it is the cauldron of duke of mao ago. and the outside decoration is modest, but quite important, in fact, is the inscription inside. you can find 500 chinese characters being cast and this is the longest inscription ever found in any ancient chinese bronze. was it quite common back in those days to inscribe the inside of a cauldron like this? indeed. it was during the zhou dynasty. and also the calligraphy — it's beautiful, actually. yes. it's archaic style. and, actually, you can compare it with the modern day mandarin. yes. ah, i see. and how does it compare to modern day mandarin? you can still recognise, like, ah, this is the king — 3,000 years ago. this is the modern day king. yes, yeah. so it's easy to recognise. and this one's very similar, too. yes, it's heaven, actually, because it's above human beings. this is heaven. this is actually the character of human being. ah, yeah, it does look like a man. yes. ever since the end of the civil war in the late 1940s, there's been a strange relationship between the ch
going to show you one of our most important works of art in this museum — it is the cauldron of duke of mao ago. and the outside decoration is modest, but quite important, in fact, is the inscription inside. you can find 500 chinese characters being cast and this is the longest inscription ever found in any ancient chinese bronze. was it quite common back in those days to inscribe the inside of a cauldron like this? indeed. it was during the zhou dynasty. and also the calligraphy — it's...
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Jan 13, 2019
01/19
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BBCNEWS
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wonderful to see, but along with that, it seems to me that china is no longer the way it was in mao'sginning to see that in the flexiblity china is beginning to show in its trade relations with the united states. when i was in the peking central prison, i remember that the total trade between china and the us was less than $1 billion in 1987. now, the us has a trade deficit with china, which if i'm not mistaken, is somewhere up to $400 billion. that is a real problem and this on so many other things, i would say, just because you dislike trump and there's much to dislike, does not mean he is wrong about everything. no—one is saying that, but does he have the discipline, the patience and the coherence back home to take on, which as you said is a huge rival power? part of the answer is will trump survive as president of the united states? i think that is an open question. but whoever succeeds him is going to have to tackle whether liberal or democrat or republican will have to deal with china. the mexican border is one of them. china is able to change, recognises that the us cannot cont
wonderful to see, but along with that, it seems to me that china is no longer the way it was in mao'sginning to see that in the flexiblity china is beginning to show in its trade relations with the united states. when i was in the peking central prison, i remember that the total trade between china and the us was less than $1 billion in 1987. now, the us has a trade deficit with china, which if i'm not mistaken, is somewhere up to $400 billion. that is a real problem and this on so many other...
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Jan 12, 2019
01/19
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KQED
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so when it w very clearhat the red army of chairman i mao going to be marching into shanghai, really all hellroke loose. it had been building for some time because it was clear that this society was going to c lapse. >> shanghai was viewed as a capitalis a lot of the more elite chinese lived there a they all feared persecution. >> many did. it was a city like new york city. as one of the top five cities and population in the whole world. a'it was ch largest and most cosmopolitan. >> so at the time the red army was approaching, people were so afraid that they holding on to the sides of trains and imbing on the roofs, going packed like sardines or on boats hat were so heavy they were sinking. panic had broken loose. that's why i called it the last oat out of shanghai because everybody who fled thought they were on t very last boat, the very last train or last plane. >> you spent 12 years working on this book did more than 100 interviews. why was it so important for you to tellhis story? >> well, for me it was a story --ew i up with a family. my mother had been part of this. all inew ab
so when it w very clearhat the red army of chairman i mao going to be marching into shanghai, really all hellroke loose. it had been building for some time because it was clear that this society was going to c lapse. >> shanghai was viewed as a capitalis a lot of the more elite chinese lived there a they all feared persecution. >> many did. it was a city like new york city. as one of the top five cities and population in the whole world. a'it was ch largest and most cosmopolitan....
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Jan 24, 2019
01/19
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LINKTV
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around the world the long time partnerships a withering now there is actually a tweet mao which you can go -- to around the world on this website on the sign which shows that current tweets around the world or four hundred million tweets happening now. as we speak and then you can see -- the with the world map if we've tapped in the the hash tag we are majura in thought what do we see we see seventeen hundred and twenty three but if you look at scroll down here. you can actually see the quite a few of them are in turkish and if you go to the bottom of the page. that you can see that in turkish it says six hundred and eighty one of the tweet. out to one hundred and seventy three are in turkis. only two hundred and thirty two in spanish one hundred nine in english so a lot of the activity coming from turkey we can just look at the map there. them. to an easy amount would be this one it's kind of strange to see where this material bombing comes in is that certain. will approach this range alliance she himself sam saying that there is a need to usurp power here isn't there withh them w with
around the world the long time partnerships a withering now there is actually a tweet mao which you can go -- to around the world on this website on the sign which shows that current tweets around the world or four hundred million tweets happening now. as we speak and then you can see -- the with the world map if we've tapped in the the hash tag we are majura in thought what do we see we see seventeen hundred and twenty three but if you look at scroll down here. you can actually see the quite a...
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Jan 3, 2019
01/19
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ALJAZ
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reports from new york his name was mao which corney this sure but most people know him simply by his last name he's considered one of the world's most famous graphic artists his work about fantasy mathematical shapes and playing with our perceptions he died in one nine hundred seventy two but the precise sketches and designs by the dutch born innovator are still considered by the scientific community as remarkable something more than just pencil on paper or . this is works what actually a very modern it's very hard to believe that this is computers prove digital age they're very modern looking and it's also there's that math science engineering part of the brain that intersects here with art so it appeals to such a wide range of people the largest collection of asher's art for the first time on display in the united states more than two hundred works shown at the industry city complex in brooklyn new york an exhibition that is also an experience this is an exhibit that very much welcomes the visitor to reflect on as sure as reality altering concepts and exhibit very much for that ins
reports from new york his name was mao which corney this sure but most people know him simply by his last name he's considered one of the world's most famous graphic artists his work about fantasy mathematical shapes and playing with our perceptions he died in one nine hundred seventy two but the precise sketches and designs by the dutch born innovator are still considered by the scientific community as remarkable something more than just pencil on paper or . this is works what actually a very...
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specific and we would work grainy movies about the heroic struggle of the child you know have come out of mao and the long march of the chinese peoples for its or against the japanese the puppet government block. after the meetings in cambridge were brought up would be in the friends meeting house which is the that the home of the quakers a religious sect. and never forget my mum said to me one day when we were leaving she said you know where we are in and i said. i didn't read it it's a school the friends meeting it's the quakers there it's a christians and she said as you know i'm an atheist so i cannot subscribe to their religious beliefs but they are very very good people and i thought wow how cool is that a stew a can or can hear as saying it so i guess you're very much like your mother from what you describe right now i have this welcoming me and you're very outspoken and you always say what you think and you're very adamant to get your message through and you've been political throughout all your life from day one of your career but people now are saying you know maybe you waters shoul
specific and we would work grainy movies about the heroic struggle of the child you know have come out of mao and the long march of the chinese peoples for its or against the japanese the puppet government block. after the meetings in cambridge were brought up would be in the friends meeting house which is the that the home of the quakers a religious sect. and never forget my mum said to me one day when we were leaving she said you know where we are in and i said. i didn't read it it's a school...
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Jan 21, 2019
01/19
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KRON
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san mao bridge less then 30 min from 880 to 101.richmond bridge drive less than 20 min from the tolling. i think we've overcome a lot this year. you know, down but not out and we found a way to play our best the last four games.""jared goff"it's good to come into a place like this and be able to come from behind and win. no doubt. it gives you a lot of confidence and i major hot spot in dublin cleared on sb 680 before 580. traffic slows e/o from bollinger canyon bay bridge wb 80 is less then 30 min from the maze to sf. san mateo bridge less then 30 min from 880 to 101.richmond bridge drive less than 20 min from the toll to 101 ( darya ) novato's gerod goff and san mateo's tom brady will battle it out in superbowl 53. look it's the closest the bay area's gonna get so you may as w
san mao bridge less then 30 min from 880 to 101.richmond bridge drive less than 20 min from the tolling. i think we've overcome a lot this year. you know, down but not out and we found a way to play our best the last four games.""jared goff"it's good to come into a place like this and be able to come from behind and win. no doubt. it gives you a lot of confidence and i major hot spot in dublin cleared on sb 680 before 580. traffic slows e/o from bollinger canyon bay bridge wb 80...
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insurrection or being a part of the global insurrection against banker occupation then follow samson mao . and all those folks that block stream i mean they're there the ones are in keeping it real and i want to talk about quickly at this last bit this something that was in the news in the past week alexander kazuo cortez there's more twitter power than media and establishment only donald trump has more engagement online for and she does you know again the elites will say that donald trump is somehow a deplorable they'll never win and beto or analysts both warner something could possibly be them but the fact is that we live on line walled at the moment. sort cannot control this and i think it's going to be interesting to watch and see going forward and it's a sign of the change that we're talking about the shift the cultural divide you know if a divide is the gap as well and gaps get filled and a o.c. could be the one filling this gap of james what states are so she must be doing something right ok we got to go. through and catch us on twitter because a report this has been the kaiser re
insurrection or being a part of the global insurrection against banker occupation then follow samson mao . and all those folks that block stream i mean they're there the ones are in keeping it real and i want to talk about quickly at this last bit this something that was in the news in the past week alexander kazuo cortez there's more twitter power than media and establishment only donald trump has more engagement online for and she does you know again the elites will say that donald trump is...
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Jan 2, 2019
01/19
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BBCNEWS
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other sense of course this is a man who is arguably now the most powerful chinese leader since chairman maothink very much with his political vision. ithink in very much with his political vision. i think in that sense people will see these words particularly that threat of force as significant. the taiwanese president tsai ing—wen has been quick to react and called for china to tone down these threats, does kind of rhetoric. she says china needs to respect the insistence on freedom and democracy that taiwan has and also worth noting of course that the idea of china using military force and launching an invasion across the well defended taiwan strait would be a huge military and strategic gamble andi a huge military and strategic gamble and i think although the term of the speech is certainly in places notable for its forcefulness, i think it is unlikely that this speech is intended to signal anything significant or urgent in terms of a dramatic policy shift. john, thank you. for many of us the start of a new year sees us taking on new challenges to get fit and exercise more. more and more
other sense of course this is a man who is arguably now the most powerful chinese leader since chairman maothink very much with his political vision. ithink in very much with his political vision. i think in that sense people will see these words particularly that threat of force as significant. the taiwanese president tsai ing—wen has been quick to react and called for china to tone down these threats, does kind of rhetoric. she says china needs to respect the insistence on freedom and...
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Jan 8, 2019
01/19
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BBCNEWS
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the aa12 church road is closed between the mao at denham and where it passes over the m25 at iver heath burst water main. finally in central london: the bus lane on park lane is still closed, following a stabbing on new year's day. now the weather with kate kinsella. good morning, well, it is not an especially cold start this morning that it especially cold start this morning thatitis especially cold start this morning that it is today going to feel a little bit chilly. there is a bit more of a breeze around, some brightness with the sunshine a little bit hazy when we get it, so lovely bright start this morning at with some high cloud around. that sunshine a little hazy, a bit more cloud perhaps this afternoon that most cloud perhaps this afternoon that m ost pla ces cloud perhaps this afternoon that most places staying bright. temperatures getting up to nine or 10 celsius. that north—westerly breeze making things feel a little chillier saving yesterday. overnight tonight, similar conditions, some clear spells in and of cloud coming in from the north and east. the minimum temperature co
the aa12 church road is closed between the mao at denham and where it passes over the m25 at iver heath burst water main. finally in central london: the bus lane on park lane is still closed, following a stabbing on new year's day. now the weather with kate kinsella. good morning, well, it is not an especially cold start this morning that it especially cold start this morning thatitis especially cold start this morning that it is today going to feel a little bit chilly. there is a bit more of a...
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Jan 28, 2019
01/19
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MSNBCW
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mao tsmao ts mao tse tung had china become america's enemy for decades.l the rise of the vice premier in 1978. president carter announced a stunning break through >> united states of america and the people of the republic of china have agreed to recognize each other and to establish diplomatic relations >> reporter: tonight's announcement coincides with major changes. >> this move towards new friendship with china is a very good, very positive development for world peace. >> reporter: he was someone that the u.s. could do business with. more pragmatic still ideological, but eager to modernize china. his arrival in washington was a very big deal. there was a pause and a wave for the cameras. but later in the evening he slipped off for dinner with brzezinski >> brzezinski, carter's national security adviser was instrumental in forging the new relationship, visiting china in may he invited dong to dinner. he accepted. helping to serve that night, 11-year-old daughter mika brzezinski her dad was fascinated with all things chinese up to a point that night's st
mao tsmao ts mao tse tung had china become america's enemy for decades.l the rise of the vice premier in 1978. president carter announced a stunning break through >> united states of america and the people of the republic of china have agreed to recognize each other and to establish diplomatic relations >> reporter: tonight's announcement coincides with major changes. >> this move towards new friendship with china is a very good, very positive development for world peace....
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Jan 7, 2019
01/19
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CNNW
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. >> andy: pad ki mao is actually not a noodle dish, it's something served with rice. >> anthony: howwhat we need, whatever it is. >> andy: it's something devised for drunken people to eat. >> anthony: well, that's us. something to sop up the roiling tide of lao khao sloshing around in my stomach, and i need to sober up in case ernest borgnine calls. she said she'd call. i feel so used. >> andy: in the north, they love to eat pork here. look at all the damn chilies. there's a lot of chilies here. we got these fresh red ones. we've got these green ones that were sliced and stir fried in there, and we've got small green peppers. >> andy: whoa, that's hot. ooh. i breathed in and got hit with the chili. >> anthony: yeah. >> andy: down the sides of the throat. >> anthony: yeah, you know when you really hit like super hot, like when you feel like you're having a brain hemorrhage? it's like an ice cream headache, but it's like a pepper headache. >> andy: yeah, and your vision starts to tunnel out. >> anthony: you're halfway through and you're aware that your hair has just burst into flames.
. >> andy: pad ki mao is actually not a noodle dish, it's something served with rice. >> anthony: howwhat we need, whatever it is. >> andy: it's something devised for drunken people to eat. >> anthony: well, that's us. something to sop up the roiling tide of lao khao sloshing around in my stomach, and i need to sober up in case ernest borgnine calls. she said she'd call. i feel so used. >> andy: in the north, they love to eat pork here. look at all the damn...
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we join parliamentarian mao to be li on his way to collieries container poked in search of santorini is right. he has found clues as to who ordered four hundred nine eleven million euros worth of munitions from ryan mattel's italian subsidiary w.-m. italian saudi arabia. essential a change their strategy they used to fly the bombs out now the ships. we knew that this was the best place from which to take photos of the secret operations with no ban on cameras. from here we recorded what actually happened because if we don't usually eighteen containers a month we're loaded up with one thousand to one thousand five hundred bombs. the wall that it was. fundamentally meant that they were mainly transported by saudi arabian ships three or four belonging to the battery shipping company that was a dock and load up the saudis evidently decided to run the transport themselves so the decision to fire. the military coalition in yemen needs a lot of bombs by the end of twenty seventeen saudi arabia and its allies had flown more than fifteen thousand air raids according to international experts al
we join parliamentarian mao to be li on his way to collieries container poked in search of santorini is right. he has found clues as to who ordered four hundred nine eleven million euros worth of munitions from ryan mattel's italian subsidiary w.-m. italian saudi arabia. essential a change their strategy they used to fly the bombs out now the ships. we knew that this was the best place from which to take photos of the secret operations with no ban on cameras. from here we recorded what actually...
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we are down 355 points right mao. an update when we come back. >>> also, this sweet baby was the first born in the bay area in 2019. that's her claim to fame so far that's her claim to fame so far at sfx: stair creak sfx: clink sfx: deep breath sfx: grunt sfx: tinny headphone music sfx: feet shuffling sfx: slice sfx: gasp sfx: inhale. exhale. sfx: lights scraping on roof sfx: metallic scrape sfx: grunt covered california. it's more than just health care. it's life care. >>> mother nature doing her best impersonation of the big bad wolf. all the huffing and puffing has moved down to southern california. winds gusting until 2:00 this afternoon. down there they will have low to mid-60s. a whole lot of sunshine. mid to upper 50s in the central valley and along the coast. a little less sunshine in eureka this afternoon. tahoe, 41. look at the snowpack. it continues to dwindle as far as compared to average. it is coming. light to moderate snow saturday. snow showers sunday. a wintry mix for monday. >> thanks, mike. heads-up
we are down 355 points right mao. an update when we come back. >>> also, this sweet baby was the first born in the bay area in 2019. that's her claim to fame so far that's her claim to fame so far at sfx: stair creak sfx: clink sfx: deep breath sfx: grunt sfx: tinny headphone music sfx: feet shuffling sfx: slice sfx: gasp sfx: inhale. exhale. sfx: lights scraping on roof sfx: metallic scrape sfx: grunt covered california. it's more than just health care. it's life care. >>>...
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Jan 26, 2019
01/19
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BLOOMBERG
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it used to be from the era of mao, local officials were reporting figures to beijing.he incentive was because your prospects of promotion were tied to your performance of the local economy, the incentive existed to inflate the level of economic activity. you see that looking back. you wonder, did china ever grow at 14%? jason: for another perspective with aa, we caught up ceo in china. carol: his personal story is a riveting one. from hard labor in the gobi desert at 15 to attending school in the united states and becoming a private equity investor overseeing billions of dollars in investment. jason: he writes that in his book, "out of the gobi." carol: we had him on our daily radio show, and we wanted to bring him back because there is so much insight he provides. jason: he started talking about the trade war between washington and beijing. >> i think, reflecting back on the 40 years of this relationship, both countries have benefited from this relationship. that 40 years ago, the differences between the two countries in terms of the system, the economy, the ofitics,
it used to be from the era of mao, local officials were reporting figures to beijing.he incentive was because your prospects of promotion were tied to your performance of the local economy, the incentive existed to inflate the level of economic activity. you see that looking back. you wonder, did china ever grow at 14%? jason: for another perspective with aa, we caught up ceo in china. carol: his personal story is a riveting one. from hard labor in the gobi desert at 15 to attending school in...