all that still ahead on bloomberg businessweek. ♪ julia: we are back with megan murphy and megan, inection, the political turmoil in zimbabwe. does this mean a future of change? you focused on the company's that struggled in the economic challenges. megan: this is a great he's by -- great piece by matt campbell and with all the other turmoil engulfing the world, zimbabwe and robert -- downfall has drifted off into the sideshows again. why this stands out is that it traces the economic devastation, not only through the companies that have really struggled as the company tries to get back it economic airings, -- economic bearings, but the reasons why that exists. it's not as simple as people think with exportation and poor use of national resources. a lot of lithium, abundant national resources, that government corruption. it's also specific inflation and turns the issues that are crippling these companies who can no longer pay for much-needed, whether to move their goods abroad, whether to pay for the equipment they need to harvest their crops to make a sort of 21st century go of thin

to bring in bloomberg businessweek editor-in-chief megan murphy.ve you at hand, and josh green, who was on the phone with us. what we know about this yet but this is quite a developing story? josh: the excerpts from the book became public today, and they were the breaking point between donald trump and steve bannon, who was the architect of victory.residential his most important advisor in the white house early on, merely and relationship was rocky did not work out. now, trump, over a course of months, owing to media profiles of bannon, books like mine, and thinksly like wolff's, bannon is taking too much credit and is insulting his family, and he has decided to toss him overboard. understandknow and steve bannon, and when he left, he said i will go to war against theyone who is against president, but i am for the president. in writing this book, wouldn't he have had to understand that he was declaring war on donald trump and his family? it is a good point, but it is one that does not seem to register as bad an. as grandiose and ego and self-image

scarlet: megan murphy, think is so much. and josh green, for speaking with us. breaking news. a law partner has been named interim manhattan u.s. attorney to replace him. he replaces him on an interim basis. this is jeffrey berman, former former law partner. we will keep you posted on any further development. coming up, what hazards can make the euro zone economy stumble in 2018. it had a blistering 2017. this is bloomberg. ♪ ♪ scarlet: it is time for the bloomberg business flash. tozil's petrobras has agreed take $2.5 billion to settle lawsuits. lossesrs were suing for after an investigation exposed widespread corruption in the company. petrobras claimed it was a victim as well. has been said to be searching for a bank to help them by natural gas assets. also said to have invited banks to pitch for a role as courting aiders and book ipo.rs for its planned the initial public offering could be the world's biggest share sale. blackberry has signed a deal with baidu to work together on driverless car software. bundled into their platform, called apollo. baidu has been signing pro

we joined by editor megan murphy. where do we go with this?nuary. >> i thought it was the fourth. we are going to wait to see what more comes out of the white house. and what comes out in the tweets, what comes out in the statements. the president has put back a very forceful statement, rejecting these planes coming excerptseve bannon's on this book. none of us have read it. this is explosive stuff. there are a couple of trouble point issues. one is on the russia investigation. and how steve bannon, the president's former close as architect of his populist campaign, what he says about that meeting in it being unpatriotic, character acting -- characterizing them as idiots as taking that meeting and not former -- forming -- informing the fbi that they were taking it. that is interesting in and of itself and how much that he wills the flames of that investigation. separately, there is a lot of detail that is emerging about how his closest advisor fell about the merits of the campaign. damaging stuff coming out in terms of how a ivanka trump chara

heilemann, republican communication strategist rick tyler, the editor of bloomberg "business week" megan murphy, the contributing editor at the "weekly standard" and columnist at the new york post, a man who will have nothing to say about this, john fedoris. the former chief of staff cia national security analyst jeremy bash and nbc news capital correspondent and the host of casey d.c. right here on msnbc. casey hunt. mika who is under the weather this morning and the flu is going around here. but i want to start, john insteadoris with a tweet yesterday which was if 20% of this is accurate, perk, what were you thinking? what did you do? >> look the problem with the book, this "fire and fury" book by michael wolf, a long time journal writer on topics from the first dot-com mofsz to rupert murdock to the entertainment business, an entertainment writer played it fast and loose, doesn't source himself well, speculation is talked about in exactly the same way that actual facts that he's gathered to talk about. you cannot sort out the gossip from the fact him it's very difficult. this is clearly goin

dame nan m damian murphy led the effort on our staff, and i thank him for his professionalism and commitment to this task. he had able help. megan barkley contributed to this report. it would not have been possible without the leadership of our staff director jessica lewis. so i just want to acknowledge my name might be on this report, but it represents the professionalism and dedication of our staff people. i'm frequently asked why is this not a report from the full senate foreign relations committee. let me try to explain that from the beginning. because this is not a partisan report, and it's a report i expect will be embraced by both democrats and republicans in the united states congress. we had to make a decision early in 2017 as to devoting the staff resources and time in order to put this together, because it is going to be a tremendous effort to get this comprehensive report done. and we recognize the important of presenting to the american people a comprehensive understanding of what russia's game plan is. we knew after the 2016 elections that we were vulnerable. but the 2016 elections was just a small part of russia's