petros: how you doing? petros. lemonis: petros, how are you? petros: nice to meet you, marcus.: now, you've been in the chocolate business for how many years? george: almost 40 years. lemonis: and how long ago did you meet? eleni: 39 years ago. he was in greece. lemonis: oh, you were in greece. george: i got in love with my wife, and i came here. lemonis: who are these pictures of? zoe: that's my mom's parents. petros: yeah, and a little push cart in baltimore. zoe: in baltimore, where they were hand-rolling chocolates, and my dad came over. he learned the trade. george: i love to work for my kids. lemonis: it's nice to have your children support you. george: oh, yes. i think that's the most important, to love each other. amber: i love family businesses. i mean, especially a good family like zoe's. do you find them hard to do? lemonis: if i look back at our track record of 100 episodes, in almost every case, a true family business, the bigger the family, the greater the success. there's history, there's legacy, there's purpose. they seem to be better governors for the behavior.

country that wants to go digital of course is venezuela does this mean given up on the idea of the petro currency. you see patter was a really good contact and very ambitious project where if you especially if you compare the performance and what the view was for that particular coin on the harness white paper by things one really executed according to a white paper and that has led to a massive failure otherwise if you wanted to find her way where you can just buy a pastor sanctions which are imposed fairly or unfairly by one country when they do sell the assets of the dismissal coin it is that way forward and even now in europe you are seeing because of traffic and destruction of the last 4 years what we see tat has been very volatile in terms of their international relations so now we seeing a shift of a shift which is away from the dollar and that now europeans are very much forcing their own currency the euro in order to bypass the sanctions and digital currency allows to a much larger extent for those sort of problems and why but venezuela is obviously looking now to a digital curr

the new report shows that 40 such petro states are likely to face an average 46% drop in revenues ifemand drops in line with emissions policies and new technology. that would represent budget and -- budget shortfalls of some $9 trillion in 2040. they are urged to diversify economies as soon as possible, it comes as exxon has reported huge losses over 2020. shell said it is shifting its long-term focus to renewable energies, opec says it expects oil demand to increase through 2040, in order to meetlimate targets set out in global accords like the paris agreement, that will need to fall. one industry that has been slow to accept the new climate necessities if you will, we will have to see how the countries that depend on that income aria in the coming deck -- react in the coming decades. >> time now for our focus report and tonight we take a look at the debate over whether coronavirus lockdowns can be eased if more attention is paid to lowering the risk for the elderly. most governments have rejected the idea, but one german city has given the approach a shot and seen results. nick spi

tourism is an integral factor in the new chinese silk road petros chang says tourists from china bring money and often become long term investors. first we have to wait until the coronavirus is over. then greece will need capital and china has capital. eakin that the chinese state really has a lot of money and it wants to invest in greece. china has come to greece as a friend not the way the west colonized asia or africa in the past. china's approach is we can. we invest and it's a win win situation for us both. you want to kill these. the real estate lobby is profiting from the deal with the chinese more than most other sectors. she would try to more money the greek government started issuing so-called golden visas in 2013. so when it comes to the seas we have fart mangle the 5th floor. love of your apartment in the heart of downtown ottomans surrounded by some of the best barriers in athens it used to be with 2 bedrooms and now we are fixing that another draw my next bathrooms this is the nice and spacious furnished. there are 3 bedrooms like this. it would be more proud of your fami

but i was really pleased that they did 74 year-old petro hill resident helene fried says her experienceher first dose of the pfizer vaccine at the mass vaccination site at mosconi center south today went very smoothly. >>she says there was no line and it felt like there were more workers there and patients was like being in a fancy where there are all these steps would you like another tree you like this it it could have been better the city is still vaccinating people like colleen those aged 65 and older and health care workers starting february 24th, the city will open up vaccines to workers in what's called phase one b tier one that includes people who work in education and child care emergency services such as police officers and people working in food and agriculture sectors, right now the city says with 2 mass vaccination centers up and running the other being at city college as well as community sites they could be giving shots to over 10,000 people a day, but right now they're averaging only about 4,000 a day doctor grant colfax says that's due to the way the supply. >>is trickl

tourism is an integral factor in the new chinese silk road petros chang says tourists from china bring money and often become long term investors. that the. first we have to wait until the coronavirus is over. then greece will need capital and china has capital. eakin that the chinese state really has a lot of money and it wants to invest in every. china has come to greece as a friend not the way the west colonized asia or africa in the past. china's approach is we can. we invest and it's a win win situation for us both she like usual do you want to kill these. the real estate lobbying is profiting from the deal with the chinese more than most other sectors. she would try to foreign money the greek government started issuing so-called golden results in 2013. so when we come to the seas we have part wrangling the 5th floor of. the world com it was a lovely apartment in the heart of downtown means it's surrounded by some of the best barrios and it used to be with 2 bedrooms and now we are fixing it and the other i've drawn my next trial bathroom this is the. inspiration for the furnished

target price on thursday we have our 1st green arrow of the week in brazil this despite state owned oil petro brass dropping by nearly 20 percent after president both naro ended last week with a push to oust the head of the company altogether then in mexico at the end the is down this week this comes despite the country's 4th quarter economic growth of 3.3 percent compared to the previous quarter here in the united states we have 3 more red arrows for you as the dow s. and p. and tech heavy nasdaq were unable to make it into the green it was those bond yields affecting sentiment as the nad the nasdaq saw its worst sell off since october on thursday but i was able to make up some of that on friday morning and finishing things up in toronto the ts x. is our last red arrow the material sector dragged. he and xor only are in the week as did energy both of which have a heavy influence on canada's economy moving into next week we will continue to monitor bond yields while following the latest regarding the stimulus vote here in the u.s. and that is your global market walk. time now for a quick brea

brazil state oil company petro had a $30000000000.00 wiped off its value after its c.e.o. was ousted by president eyeball so narrow the company's shares plunged 22 percent on monday after the government nominated an r.v. general with no oil and gas experience as its new boss. had criticised the firm's market driven pricing policy after truck drivers threatened to strike over the rising cost of fuel. a standoff between the australian government and facebook over the publication of news content looks to be settled the social media firm says it'll restore straightly and news pages in the next few days the decision comes after the government agreed to embed legislation that would make tech giants pay for australian news content. and for the 1st time ever the u.s. space agency has captured a bar's landing of the video nasa released the 1st pictures of its perseverance rover descending on to the surface of the red planet ready to search for ancient signs of life laura burt badly reports that's our kind of. an historic moment for nasa the 1st ever color video of the spacecraft la

and for more let's bring in petro seema saver all of just with the university of lisbon welcome to the program and thank you so much for joining us of when we look at the 1st wave of the pandemic portugal was handling it relatively well now it's among the hardest hit in the world what happened. well what happened was that we relaxed. measurement at the containment so there were no clear official measures being given before christmas and that led to the last use of mosques and last distancing between know that you would increase exponentially the number of future actions but that's what happened was very simple so just a relaxation of the measures at the stage where you were. high level off infections per day you know i did all 3000 new infections birthday ok so where does that leave things now because you know it seems as if the situation has now spiraled out of control why is that. it spiral out of control because as i said off there access enough measures 3 christmas and doing 3 since the new year and now it's under control in the sense that we had the state as now imposed a lockdown

brazil but it's just barely down on the week there the chief executive of brazil's state led oil for petro brass is facing a possible ouster from president gyre ball so narrow the 2 sides are reportedly fighting over the price of gasoline as oil ticks higher in mexico the b m b it's up this week parts of the country are feeling the effect of that deadly cold snap that we talk about in texas the mexican president is calling on all mexicans to conserve power in order to ease blackouts and natural gas shortages north here in the united states markets there are mixed across the board the dow is up the s. and p. well it's flat and the nasdaq is down as we discussed earlier treasury secretary janet yellen continues to tell lawmakers to go big on stimulus meanwhile capitol hill is preparing questions for big tech companies as they face a trust hearings next week finally we move to the great white north of canada where the t s x is down over inflation fears but overall positive retail data and higher body olds have the banking sector optimistic moving into next week we're going to continue to look

tourism is an interpol factor in the new chinese silk road petros chang says tourists from china bring money and often become long term investors. first we have to wait until the coronavirus is over. then greece will need capital and china has capital. the chinese state really has a lot of money and it wants to invest in their greece. china has come to greece as a friend not the way the west colonized asia or africa in the past. china's approach. we come here we invest and it's a win win situation for us both. want to kill these. the real estate lobby is profiting from the deal with the chinese more than most other sectors. she would try to foreign money the greek government started issuing so-called golden visa in 2013. so when it comes vcs the fark mangle the fee floor. in this lovely apartment in the heart of downtown was surrounded by some of the best areas in athens and used to be with 2 bedrooms and now we are fixing it and. draw my next crowd bathroom this is the. inspiration for the furnished. there are 3 bedrooms like these. it would be more for if your family or even if not o

he also accused police of torturing and killing demonstrators and migrants on friday prime minister petro sun chairs condemned the protesters violence insisting his administration will confront all of us. well if you'd like to delve deeper into any of this suggest dot com is a solid destination all with the latest developments on views to get you talking. to. join me every week on the elec so i'm i'm sure i'll be speaking to a guest of the world of politics. i'm sure i'll see you the. world will continue still think of visionaries me sophie shevardnadze now if you were offered a chance to be revived after a dime still needed for our future would you go for it may sound like far flash round themselves. but it needs to reality of the ground mix and i'm joined today by a glass moral philosopher a futurist and the current events in her impress. her life extension foundation. next more philosopher feature is to current passenger and president emerita social opera laugh extension foundation max it's really great tell us today welcome thank you so good to be here all right so what topic look wha

be $13 trillion lower than expected over the next two decades compared with business as usual. 40 petro states could see a gap of $9 trillion. it's a big consequence on their spending growth and their shift to de-carbonization. we are in the beginning of a commodity super cycle and at the center of it, copper, tin, iron ore, coal. andrew is here with this from princeton, are we a super cycle? >> is pretty clear that prices are telling us we are in a super cycle to some extent. to what extent it continues depends upon the underlying fundamentals but for the most part, we think both the macro and the micro are pretty much aligned at the moment. let's not get too cute and think the trend is your friend right now. alix: part of it is the supply with china on the other part is a supply thing in terms of covert and the other is a demand thing from china. which of those metals will be more exposed to that particular story? >> it's interesting you ask that step with respect to which ones will be more exposed to a chinese recovery, obviously, you will have iron or which chinese commands about 80

tourism is an integral factor in the new chinese silk road petros chang says tourists from china bring money and often become long term investors. that there was the. first we have to wait until the coronavirus is over. then greece will need capital and china has capital. eakin that the chinese state really has a lot of money and it wants to invest in every. china has come to greece as a friend not the way the west colonized asia or africa in the past. as approaches we come here we invest and it's a win win situation for us both. you want to give these. the realestate lobbying is profiting from the deal with the chinese more than most other sectors. to attract foreign money the greek government started showing so-called golden results in 2013. so when it comes to the seas we have far to mangle the 5th floor. when we come. to this lovely apartment in the heart of downtown was surrounded by some of the best barrios. it used to be with 2 bedrooms and now we are fixing that and. draw my next bathrooms this is the inspiration for the furnace. there are 3 bedrooms like these. it would be mor

shares of petro gas plunged as much as 60%. brazil's president replace the head of the oil company.ient with the government's ability to appease its political base. truck drivers have been threatening a strike over rising diesel costs. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i am karina mitchell. this is bloomberg. ♪ >> texans have suffered three days of freezing cold without power should not be subjected to skyrocketing energy bills due to a spike in the energy market. i held an emergency meeting yesterday with legislative leaders to begin the legislative process to shield texas families from unreasonable bills. tom: the governor of texas, a beleaguered governor of texas. good news about taxes and all of the midwest. even the idea of from electricity to the urgent need for water. all in all, it has been good news. lisa: after a pretty dire spate, the idea this unusual weather pattern might not be so unusual going forward. tom: here is what we do, from bloomberg on the economy to

but i was really pleased that they did 74 year-old petro hill resident helene fried says her experiencet dose of the pfizer vaccine at the mass vaccination site at mosconi center south today went very smoothly. >>she says there was no line and it felt like there were more workers there and patients was like being in a fancy where there are all these steps would you like another tree you like this it it could have been better the city is still vaccinating people like colleen those aged 65 and older and health care workers starting february 24th, the city will open up vaccines to workers in what's called phase one b tier one that includes people whom work in education and child care emergency services such as police officers and people working in food and agriculture sectors, right now the city says with 2 mass vaccination centers up and running the other being at city college as well as community sites they could be giving shots to over 10,000 people a day, but right now they're averaging only about 4,000 a day doctor grant colfax says that's due to the way the supply. >>is trickling in

tourism is an integral factor in the new chinese silk road petros chang says tourists from china bring money and often become long term investors. first we have to wait until the coronavirus is over. then greece will need capital and china has capital. the chinese state really has a lot of money at once to invest in greece. china has come to greece as a friend not the way the west colonized asia or africa in the past. china's approach is we can. we invest and it's a win win situation for us both she that you will get want to get these. in. the real estate lobby is profiting from the deal with the chinese more than most other sectors. she would try for the money the greek government started issuing so-called golden visa and 2013. so when you come these seas we have far too many people in a 5th floor of. the world come. to love your apartment in the heart of downtown it was surrounded by some perverse areas and it used to be with 2 bedrooms and now we are fixing it and the other i draw my next bathrooms this is the inspiration for the furnace. there are 3 bedrooms like this. it would be

really -- what really brought this to mind was the attack in 2017 that russia pulled off on a saudi petroy dismantled the safety locks at that plant, the very last mitigation in a long line of mitigations that is in place to prevent an explosion. they were actually able to essentially neutralize those safety locks. so we know that's possible. we don't know what would have happened here if someone wasn't sitting at their computer, but we continue to have these big near misses, and it seems like each one just gets closer and closer and closer. >> i feel like the thing that i have learned from your reporting, particularly from the book, is that my initial instinct on this as a consumer of news is sort of wrong, or at least it is beside the point. my initial instinct is, yeah, how hard is it to do this? does that limit the number of suspects? how long is it going to take to figure out who did this and, therefore, what their intent was and how they can be brought to justice? i feel like from your reporting i have learned that basically everybody can do this, that if it can be done, there's lot

petro china, showing the ms ci all country world index up .1% as we're at an 11 day winning streak.uld be 12 if we are positive today. at the moment we have the finance minister saying that the need to make sure they don't lose the trust of the markets. the pandemic response has had positive results, but the fiscal situation has been worsening. warning while japan's bond yields are low, there is the possibility they will suddenly rise, and that possibility is not zero. tokyo electric power, we had this earthquake take place, but no tsunami this time in fukushima. that's been playing up, as they say things are unaffected. dentsu, falling as much as 5% at one shades -- at one stage. the news on bad earnings. nipro getting a vaccine thumbs-up. medical supply maker climbing there overnight. haslinda: still to come, we speak to mike henry in his first interview since the world's top miner reported a surge in profit. this is bloomberg. ♪ is bloomberg. ♪ haslinda: welcome back. let's take a look at where markets are. asia extending the global rally despite low volume and china still on hol

of fans more that that that forbidden palace that we have seen on that on television so for all of petro to crushing you of course not only is more harmful than the any. corrupt officials in russia if you costs more money to the country. and i would continue onward or just said if no money had real support he would ask for a real legal demonstration he would be given permission at some big square in a more school at some big stadium he was offered that you know he was over that but you know he would have a 1000000 people that would make an impression that brought him if he doesn't have a media people so he's people when they were offered legal squares in russia in moscow they refused they said pushkin square well if you're so pushkin square it's basically a tiny space on both sides of the main street almost there sky have where dissidents to ages 7 just used to have small protest actions like 6 or 7 people right arrested by police so it's famous historically but it's not feat for a big demonstration so they deliberately wanted a calash with police you know they deliberately wanted some p