come on, quinn. yeah. come on, quinn. we're dead proud of you. absolutely. go for it, quinn dog.e said he would have loved it, be lasting and be very proud. we cannot wait to introduce him in the next hour. , cannot wait to introduce him in the next hour. . . _ next hour. keeping warm with pudsy. i am. the next hour. keeping warm with pudsy. iam- the work— next hour. keeping warm with pudsy. i am. the work you _ next hour. keeping warm with pudsy. i am. the work you do _ next hour. keeping warm with pudsy. i am. the work you do with _ next hour. keeping warm with pudsy. i am. the work you do with child - i am. the work you do with child bereavement uk is so important, isn't it? what happens to kids if they are consumed by grief without help? they are consumed by grief without hel ? ~ , ., , ., , they are consumed by grief without hel? , . help? when young people a grieving, the can help? when young people a grieving, they can feel — help? when young people a grieving, they can feel overwhelmed _ help? when young people a grieving, they can feel overwhelmed with - help? when young

at dragon capital and also a director there quinn. why is the vietnamese growth out pacing other countries in the region for the 2nd year running now? okay, so hockey at now we are, we have very strong domestic consumption that is more than 70 percent of the tv. okay, ma'am. and now keep on the pandemic. we have been fully vaccinated, most of the population, and now we're really open to the economy. so people just the move and we go back to normal life just like we call them. if you look at the number of domestic travel, a 140 percent of both the vehicles that domestic crumbling. and we also have the very fast recovering of international side. it ma'am? so given the strong recovery all the domains, domestic consumption that contribute a lot to the growth of it, ma'am. and the s o n s thought is also another contribution to that growth. as we see that china symbol is the a z and bit now have benefit from that. so we see a lot of companies moving, not like they need to, to have with the asian in their manufacturing and getting them east

quinn, what hope your— yeah, so... yeah. quinn, what hope your classmates said?lj well, you know. i don't know. i feel like ian well, you know. i don't know. i feel like lan is — well, you know. i don't know. i feel like lan is going _ well, you know. i don't know. i feel like ian is going to _ well, you know. i don't know. i feel like ian is going to make _ well, you know. i don't know. i feel like ian is going to make sure - well, you know. i don't know. i feel like ian is going to make sure it - like ian is going to make sure it happens, aren't you, dad? hopefully we will get a — happens, aren't you, dad? hopefully we will get a nice _ happens, aren't you, dad? hopefully we will get a nice weekend _ happens, aren't you, dad? hopefully we will get a nice weekend next - we will get a nice weekend next summer— we will get a nice weekend next summer and we we will get a nice weekend next summerand we will do we will get a nice weekend next summer and we will do peak challenges-— summer and we will do peak challenhes. . . challenges. fantastic! something tells me i

quinn's babysitter told newsnation station wsav she heard from quinn's mom early wednesday morning when she said she didn't have to watch quit. and that day i get it takes at 9 o'clock saying have us in clayton. i immediately go to their house. >> i try to help them what they didn't want, that my heart is broken. i'm not his mother and his family, but i love him very much. and i just don't know what could happen. the places did really good job of looking. and where does a one year-old go? they've covered a lot of ground. >> and that was brian entin reporting for us tonight. coming up, a bay area makes its pandemic. >> post-pandemic return the winner in today's world championship pumpkin weigh-off. >> for your money tonight, state law in california says employees must be paid a minimum wage which will be increased to 15, 50 an hour next year. but several cities and counties across california have their own ordinances that require employers pay a higher hourly rate and the city that has the highest minimum wage in california is here in the bay area. emeryville, the minimum wage. they're $

we spoke with political, i'm financial analysts, angela yano, who says the ex for the on the see quinn is not the only problem as the export of dangerous beliefs that you needs to be addressed. what worries me is not only the weapons being poured in europe, but you keep in mind that i show you quinn will be exporting nancy ideology into you up this is that the key bomb? it is similar to what i says. did you have a nazi movement that is, that has been good, supported by the way, you clean and you have millions of you quinn is now. how many of them are nancy and how much these ideology would be spread all over europe? i do think that europeans and americans, they do not care about ukrainian lives. what they want is to destroy russia. that was always the plan. so, so, so when he comes to weapons, you know, europe is getting so much. do you mean to raise the know because the depleting the resources that it's getting dangerous, you know, they don't have enough weapons right now to protect themself in case of war. while the route of this is our check out policy dot com for more is awesome. n

i am vonnie quinn. this is bloomberg. haidi: let's get you back to hong kong, taking a look at aluminum stocks moving in the early part of the session. >> that is right, vonnie went through the details about biden weighing an outright ban on russian supplies. the morgan stanley report we were discussing, the outlook for lithium not looking so great, also reflected in what we are seeing in minerals at the start of trade and qantas is jumping at the start of trade, australia's national carrier as return to profit, up to 1.3 aussie one billion. it does take a lot of pressure off the ceo, he has been the target of a lot of public anger in australia. shery: coming up, how mobile recession risks risk our company the shift to renewables with the cfo of fortescue future industries. this is bloomberg. ♪ haidi: a clean energy transition is keyed to be explored at the australian investment undercurrents. the invasion of ukraine as disrupted energy supplies. it will complicate the global transition away from fossil

sharks are off to 0-5 start the david quinn era. could san jose get the first wi of the year against quinn's former team? he coached the rangers for three years. tonigh he faced them in madison square garden. new york led 2-1 in the second. then, they tied at 2-2 for this guy's first goal of the year. then into overtime. behind the net, meyer has and finds eric carlson who sticks it in and that's the game-winner! they went 3-2 in overtime. quinn get his first victory with team teal. >>> baseball. dusty baker and the astros are looking for a 2- series lead in the alcs. housto in new york. scoreless in the third. alex bregman will change that. three run shot to left field just like that, through many zero astros with the jump to the eighth. one run game. aaron judge strives to write with a letter aboard. this woul be the go ahead run, but look a the catch from kyle tucker! tha a rob job. houston wins, 3-2 and they take it to many zero series lead. it's baseball season. in the bay area, cmc season! christian mccaffrey is coming back to

i'm vonnie quinn. this is bloomberg. shery: still ahead, we will get insights from goldman sachs on how a weak yen will help pent-up demand. market outlook from winthrop capital management who sees china returning to growth next year. this is bloomberg. ♪ >> the risk and the real danger of a world recession next year. the advanced economies are slowing in europe. the debt levels for the developing countries are getting more burdensome. the rise in interest rates put added weight on it. inflation is still a major problem for everyone but especially for the poor. haidi: the risk of a global recession. our next guest says the chinese economy will be returning to expansionary growth for the second quarter of 2023. joining us is the chief portfolio manager at winthrop capital management. i have to ask, is your outlook for china and chinese equities based on an eventual opening up from covid zero? does that have been after the party congress? >> that has to be the best case. you cannot have an economy began

i'm vonnie quinn.omberg. ♪ shery: are we seeing any thing from the voc -- from the story she just told us about on twitter? haidi: you have to put it into perspective. we did see the nasdaq index jumping 3%. but when you look at moves in the social media giants in the u.s., the likes of pinterest, snap, they were well beyond percent. perhaps there is an outsized impact that the twitter deal is having. so far this morning, saying gains that you can see at the bottom for kai kyle corporation -- four kakao corporation. tech is broadly higher today. let's look at energy. opec plus production cuts could be 2 million barrels a day. energy stocks are also higher at the start of trade. haidi: coming up, we talked to eurasia group about washington's approach to china and reports the biden administration planes and restrictions on access to u.s. chip technology. but first, the rbnz says it will propose raising rates for half a percentage point. how long the central bank will need to stay on that path. this is bl

i'm vonnie quinn, this is bloomberg.ver to bell for a look at some of the movers. what are you watching? >> taking a look at how toshiba is coming online given we have more details of a buyout offer for the company that would take a private business from japan industrial partners. what we are hearing is it would be a group led by gip, -- jip, it would make toshiba asia's biggest buyout this year, so roughly 40% of the funding will come in cash, the other part from financing from banks. toshiba is trading 0.8% to the downside today but still the stock is up 17% this year. we understand jip is yet to confirm any equity commitments from its partners but here are names it is reportedly in talks to form a partnership with. let's change in to talk about tesla supplies in asia given we did have tesla reducing the prices for its lineup in china. so it has cut the price tag on its cheapest locally built model three-car by 5%, now price just under $37,000. it has reduced the price for its suv as well, the model y car. options sign

i'm vonnie quinn. this is bloomberg.e: coming up, japan keeps up warnings on prospective currency moves. we have wendy more coming up. this is bloomberg. -- we have plenty more coming up. ♪ yvonne: take a look at fx here. the dollar helping this whole risk rally here. the pound up. we are preparing to hear what the government, liz truss is going to do when it comes to the u-turn of its budget. dollar-yen, 147 point 29 -- we have come off a little bit, but still way above september, and we are watching the renminbi snap seven days of losses right now. rishaad: 32nd stronger than estimated fix for the yuan. let's kickoff with the whiplash as far as the yen goes, and the u.s. cpi print, which has again spurred talk of intervention. marcus: we saw whiplash again. there has been a lot of speculation over if market will actually intervene. they did not actually confirm there was any intervention involved, but this may be part of the whole strategy, when we have seen previously with the 10-year jgb, and many speculators came in

let's get to vonnie quinn with your first word news.e: janet yellen has proposed changes for the world bank to move beyond country have specific loans. the changes seek to address global threats and speed up private capital to emerging economies. janet yellen and washed the notion that development banks can increase lending without significantly increase their risk. the latest you see the minutes sure some officials wanted a50-basis point hike in september. decision-makers ultimately agreed to a 75-basis point hike. momentum is building for a repeat of the september hike. the central bank is fighting inflation nearing 10% in the bloc, while risking a looming downturn. president biden is pardoning thousands of americans convicted for possession of marijuana, and ordering a review of its legal status, in a major step towards decriminalizing the plant. he has issued a blanket pardon for all prior federal charges of simple possession. he also urged governors to do the same for state offenses. the biggest etf investing in u.s. cannabis compa

i am vonnie quinn. this is bloomberg. paul: still to come, a review of tesla's earnings with david traynor, who is one of the very few to put a sell rating on tesla. our next guest says we are only in the first phase of a bear market. phase two is getting underway. we have clear bridge investments joining us, just ahead. this is bloomberg. ♪ shery: take a look at how asian stocks are trading at the moment. we are seeing the asx 200 losing groun about .10 .9%, which was sort of the case in u.s. trading as well with wti really shrugging off president biden's remarks about energy prices and we continue to see oil higher at the moment. nikkei futures also point them lower with kiwi stocks also down we are watching the japanese yen as well. narrow trading range after touching the fresh 32 year low. our next guest warns of head fakes on the way to a real market bottom. joining us now is jeffrey schulz, investor and investment strategist at clear bridge investments. good to have you with us. we have the bank of america fund mana

i'm vonnie quinn. this is bloomberg. rishaad: all right. still to come, malaysia's 2023 budget announcement and what it means for the country's markets. yvonne: first, we are going to count down to the chinese party congress ahead of a cold and week -- more on the outlook. this is bloomberg. ♪ rishaad: here we go. let's check in on chinese markets. the tech side of things again doing a disservice to the broader market. hang seng down 2.3%. shanghai off by about 12%. we have chinese tourism figures, revenue was down 26% during this national day holiday. yvonne: everything from air ticket sales, box office sales, they just look weak across the board. part of why we are seeing such a selloff when it comes to mainland markets as we reopen it let's bring in peiqian liu, china economist at natwest markets. the golden week numbers, certainly not as golden as we thought. i am wondering your take on them and how does this weigh on the outlook of china now. peiqian: thank you for having me today. the danger on holiday tourism alon

you need to onions and do quinn to kill the jews in treblinka who is got what do we love to hear is a little copy in your semester lunch as well. yeah, cuz i was seeing eager through this cuz i will show that our motion with a wash. i'm with gusty, has come up with a, with us, need me to quit on pm when you feel shared with i think it has to be like comfortable with during world war 2, the u. s. i saw the united kingdom and the united states became allies. you it against a common enemy, but the partnership was seldom equal. mm. the guy who put enough money to come down so you can get a for like, you should receive the money endorsed in a sealed a yell at this calling. you my go on. i feel like you could, i thought it a pleasure. i said it's a victory as an autism in 1945, the u. s. as i was quite popular in the country that liberated europe. but that popularity provoked even greater fear among the western establishment. winston churchill, when you start january and the more she get a minute recorded, the sub boy could enjoy is media machine. you miracle going as you get i, she's up on

i'm vonnie quinn. this is bloomberg.hleen: australia's treasurer says his country's economy faces tricky territory in the near term is the world grapples with inflation and the pandemics aftermath. i spoke to jim chalmers in washington as he prepares to deliver his first budget later this month. >> i think now is the time for some block talk about prospects for the global economy. the truth is the global economy is treading a narrower and more perilous path right now. i think that is recognized across the board around the g20 and the participants in these discussions. australia enters this difficult time from a position of relative strength, but we might be spared a global downturn. we are putting a budget together i will hand down in less than two weeks and it's crucial we can factor in the real time thinking of economic decision-makers around the world and that's why the last couple of days have been so valuable. kathleen: what is the most worrisome thing you've heard here? >> i think everyone is worried about inflatio

i'm vonnie quinn. this is bloomberg. shery: still ahead, national bank's says there's -- national bank of australia is avoiding any forecast revision for the pound. we will discuss their currency strategy later this hour. but first, we speak to city's chief global equity strategist to discuss his forecast. we're live from the new zealand investment conference just ahead. this is bloomberg. ♪ >> for me, the bar for such a change is very high because we have not yet seen much evidence that the inflation, the labor market, that that is yet softening. so i think we are quite a ways away from anything like that. haidi: minneapolis fed president neel kashkari there. our next guest says he is positive on financials, expecting higher margins increasing to offset balance sheet worries. robert buckland is here with me here in sydney at the city australia and new zealand investment conference where it is day two. great to have you with us, especially during these really unusual times. let's start with your call on financials. as we

let's get to vonnie quinn.e: the biden administration plans to release 50 million barrels from the u.s. emergency crude reserves may consider more this northern winter. it's an effort to ease ask -- gasoline prices that have become a liability for democrats ahead of the elections. the white house plans to replenish the reserve by buying westech's crude when it falls to two dollars a barrel or less. minneapolis fed president says the u.s. central bank cannot positive campaign in monetary policy tightening, but underlying inflation is accelerating. he told the panel discussion that core services inflation keeps surprising policymakers to the upside. he says he will not advocate pausing the key rate at 4.5% unless there is progress on core inflation. the bank of england will start is delayed bond sales next month. but will initially exclude the debt. the announcement of quantitative tightening is a statement from the central bank. the boe had been on the defensive for weeks after fallout from massive unfunded tax

i'm vonnie quinn. this is bloomberg.avid: just ahead, the outlook and a preview of the japan economy with the bank of japan. sentiment may be improving along the biggest manufacturing firms. coming up, more on the trading week ahead. in asia, the plan. kameda joins us. and talks about central banks worth buying. that is next. this is bloomberg. ♪ ♪ david: good morning and just the state of play across the markets, approaching the open of some. australia is up and running and of course the story within that is the move up in oil stock. we will get about in a moment, but we are flat in s&p futures. a look ahead to the week ahead. central bank decision, the rba coming out toward the end of the week. of course, it is an all important jobs report and throughout this entire week, we will not have any trading onshore, on the mainland. we are of course shut for the national day week. let's stay on top of that for you. we are looking into a new week. what do you do with that information following what has been a terrible last few

i'm vonnie quinn. this is bloomberg. yvonne: still ahead, an exclusive would jungle ventures founding partner on funding concerns amid red-hot inflation. rishaad: first, no relief for investors on covid zero or the property sector. that, as chinese party congress begins. victor gao is up next to discuss the policy path ahead. this is bloomberg. ♪ >> we have worked with firm resolve to save our national security, fend it off, and diffuse major risks and ensure social stability. we have developed great energy to modernizing our national defense. yvonne: that was president xi jinping speaking to kick off the china communist party congress. for more insights we are joined by victor gao, vice president of the think tank the center for china and globalization. always great to have you. everyone pouring through this two-hour speech yesterday. what can we glean from that message to the party? what was it, and how was the speech different from five years ago? victor: president xi jinping's speech yesterday was very important and

i'm vonnie quinn.g. ♪ haidi: let's take a look at some of the movers in this session. belle, what are you watching? annabelle: let's take a look at how we are faring for some of the major retailers in asia, given we had those results up from amazon. you can see what investors are thinking about with this forecast for weaker holiday spending. in terms of the direction for asia today, we are seeing them mostly on the downside. a risk obsession led by tag earnings from amazon. apple was another that reported after the bell. it was a little bit more positive. take a look at how some of the apple supplies are faring here, given they did sort of managed to dodge the overall tech rep even with the warning of a holiday slow down. but still the sales beat estimates and the iphone and services, a little bit of soft spots. broadly we are seeing supplies in the red this morning. one last the sector we are focusing on is the machinery one, we had caterpillar actually reporting better results than expected. caterpil

. >> lasky over to vonnie quinn. -- let's get over to vonnie quinn. >> several thousand russian troops were in line over the weekend. it is pushing the eu to pledge similar health. the ims has previously calculated that ukraine needs about $5 million every month to keep its economy going. the controversial decision to remove this tax rate was made. the source as the chancellor is trying to head off with rebellion going public with the opposition to the plan. this indonesian president ordered a full inquiry to the vent stampede that killed at least 131 people. this caused people to panic and rush to an error as it. the global governing body for him from carrying or using this. global news, 24 hours a day on air and on quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. >> just ahead, eric joined us to talk about the implications there. what eric has to say about what is going on. peter maguire says he is cautious on everything. we will see what they do with that information. this is bloomberg, good morning. ♪ >> let's look at your week ahead. this i

i'm vonnie quinn. this is bloomberg. rishaad: thank you. an exclusive interview on the way next where we can find out concerns, as we get haslinda amin in singapore. >> i will be speaking with blackrock vice chairman philipp hildebrand. find out how the world's biggest money manager is viewing the turmoil in the u.k., looming restructuring at credit suisse, and the outlook on asian markets. keep it here with us. this is bloomberg. ♪ rishaad: looking at markets, some steins of stability but blackrock says a recovery will take longer compared with other economic downturns. let's get to co-anchor haslinda amin. haslinda: and i'm with philipp hildebrand, vice chairman of blackrock, the world's biggest asset manager. good to see you again. >> good morning. wonderful to be back in singapore. haslinda: for the markets, it is still about inflation and still about the fed. so far, has the fed managed to contain inflation with the multiple moves we have seen so far? >> clearly inflation is not where they want it to be. it is clear where the journey g

i'm vonnie quinn. this is bloomberg.hery: still ahead, we assess the domestic and international pressure on iran's leadership after weeks of protests over the death of a young woman in the custody of the so-called morality police. but first our next guest says it is hard to see a market bottom without a correction in your earnings -- in earnings. global advisor joins us in a moment. this is bloomberg. ♪ >> if you talk to our companies, they are becoming more cautious. their plans are being lowered. their hiring plans are slowing. we see this happening. i was talking this week with a developer of apartments whose building shares 15,000 units across the usp at major developer. next year he has cut his plans by 75%. paul: that was blackstone president and ceo jonathan grave. let's bring in our next guest, who says it is hard to see a bottom without a correction in earnings. with us we have juliette lee, aipac strategist at state street global advisors. julia, i want to return to those are marks from blackstone group was thi

i'm vonnie quinn. this is bloomberg. kathleen: still ahead, we will discuss japan's tourism the country's biggest tourism company. up next, more on the trading beacon agent with a debit script that might be emerging at the fed. this is bloomberg. ♪ kathleen: taking a look at the week ahead -- the pboc is set to raise its lending facility rate one day. economists expecting the rate to hold at 2.75 percent. on tuesday, china's third-quarter gdp data will likely show a feeble recovery after growth stalled the prior quarter. we are expecting numbers on china's industrial numbers and retail sales. the loan rates are expected to stay put. continuing market turmoil in u.k. -- we are expecting to say -- to see inflation figures to rise a double-digit pace. in japan, economists expecting uptick in consumer prices. john lee will deliver his first policy address on wednesday top sources that he may ease property taxes and visa restrictions trying to curb a pandemic brain drain. that is your week ahead. haidi: we continue to focus o

i am vonnie quinn. this is bloomberg.di: from zoom, to carvana and moderna, new companies were minted in the height of the pandemic but some have faded. emily joins us for more. we've been crunching the data and it's a bit like going back in time. you take a look at the rise and fall of these fortunes. it's i watering. >> it is. we talked about hwo -- how cheap money, supercharged wealth of the pandemic for a select few. when you go back and look at it, the numbers are astounding. the richest people in the world, minted money at an unprecedented rate. what we have called the covid billionaires, which is that subsection of the bloomberg's billionaires index, which made most of their money from related things to the pandemic, like the stay at home trend, like zoom. think about things like the moderna vaccine. their fortunes sword faster -- soared fast. shery: are there any differences between covid billionaires and the ultra-wealthy large parts of the world moving on from the pandemic? >> that's where it gets interesting. w

i'm vonnie quinn. this is bloomberg. haidi: still ahead, a look at the risks for global commerce and the threat of recession. we are joined by the canadian trade minister. coming up next -- kathleen: a big trading week as china returns from a weeklong break. this is bloomberg. ♪ >> i think we are headed for a collision of some kind or other and we just have to manage that collision carefully. i think the sooner we start managing for some slowdown, the better we are going to do. i think chairman powell was way late to come to that recognition but now has that recognition and he should be supported in that. >> we will get inflation back down. i'm confident of that. it doesn't mean prices are going to revert to the old prices. 0 former -- haidi: former u.s. treasurer larry summers. our next guest is looking at bonds as alternatives. it's the division director of look korea wealth management. when you look at the jobs numbers from friday and we have cpi, you wonder if it's going to change what the fed is committed to doing,

yvonne: let's get to the first word news with vonnie quinn. vonnie: brazilian president bolsonaro heading for a runoff election on october 30 against leftist candidate lula da silva. lula took 48% of the vote versus bolsonaro's 44%. the outcome still puts the former president within reach of another stint at the home of latin america's largest economy. confidence among japan's largest manufacturer has unexpected leave worsened last quarter, making three straight drops as the yen tumbled. the boj's index of sentiment across the country's biggest manufacturers declined to eight, and economists had forecast a gain to 10. japan moves to reopen its borders. u.k. prime minister liz truss says the controversial decision to remove the tops tax rate was made by her finance minister. she told the bbc her administration should have laid the ground a better for the announcement. a sources is the chancellor is privately trying to head off a potential rebellion, with at least a dozen government mp's planning on going public with opposition to the plan. >> i

. >> as ian approached, tampa native bobby quinn, a former air force weather forecaster, private pilotder, wanted to help. so he drove south into the heart of the hurricane. >> it's kind of hard to leave this spot. >> and got more than he'd bargained for. he shot this video on his phone. >> there was no place to go. there were trees flying by when i was sitting in the truck, and wind that would have flipped my truck if i had moved out from behind that wall. i tried at one point, and the wheels came off the ground. >> after 13 harrowing hours, he started to put his talents to work. quinn runs a tampa-based tech startup called paypixl that crowd-sources drone imagery and organizes it on an app. when ian hit, he repurposed his site so evacuees could view images of their homes and assess the damage, free of charge. >> you see the debris field, you see the destruction in the back. now you can turn off the satellite imagery and see the pre-event. this is what it looked like before the storm. >> how about that? >> and if we add in our street-level imagery, somebody can click in and see what t

i am vonnie quinn.loomberg. ♪ david: let's look at -- haidi: let's look at the yen, continuing weakness depending on when -- on what we get from the u.s. dollar trading. it is the lowest level for the yen in more than 30 years after the hot u.s. inflation report. the boj governor is sticking to keeping policy loose to support the economic recovery. the boj wants significant wage growth as the missing puzzle piece to bring their policy. let's bring in our japan and korea economy editor paul jackson, who has just turned from the finance minister who said he had to explain to intervention moves while adhering to the fact that their lady further intervention if there are sudden, volatile moves in the exchange of market. what lies ahead? and how much space do they have to continue intervening in the currency? paul: the first take away from today's comments in washington is that team japan is sticking with its messaging, sticking with its policy. finance ministers suzuki reiterated warnings that japan was pre

i am vonnie quinn. this is bloomberg. shery: former president donald trump is asking the u.s.me court to intervene in the fight over government paper sees that his mar-a-lago home. for more, let's bring in jodi schneider. this seems like a significant escalation. tell us more about the showdown? jodi: it is a significant escalation. lawyers are going to the highest court in the land, asking them to intervene specifically asking them to allow a special master which was appointed to the court as well to basically review 100 documents with classified markings that would take this in florida. basically, trump and his lawyers are arguing that they deserve the right to do this and they are continuing to say that the search was not conducted properly. >> how does this escalate legal fights with the government? jodi: this has already been fairly extraordinary. the justice department is weighing in against a former president, something we have not seen perhaps to this degree since richard nixon in the watergate era. at this point, what is happening is that trump and his lawyers are say

i'm vonnie quinn. this is bloomberg. paul: still to what next economic policy with liz truss is plan set to make her the shortest serving british prime minister in history. our next guest says she sees economic downturns hitting stopping point. this is bloomberg. ♪ shery: take a look at how u.s. futures are trading. we have the s&p 500 reversing earlier gains and falling in the new york session for a third consecutive day. now nasdaq tech futures are under more pressure. we saw news that the biden administration is looking to expand china's tech band to include quantum computing and ai. this is after already sweeping conditions on beijing earlier this month. let's bring in our next guest who sees nearing signs that we are reaching a market bottom. we continue to see the market pressure not only from the hawkish fed rhetoric continuing to come every day but also some other news related to china, u.s. rivalry, now we are seeing more focused targeting on quantum computing and artificial intelligence when it comes to the tec

i'm vonnie quinn. seeing a big rebound in covid-19 cases just as the country's top leaders are set together in beijing for the upcoming communist party conference. a sharp slide in holiday spending is covid-related lockdowns continue to sap sentiment. china is raising elon musk's proposal for a twitter like app in taiwan. it could enforce a special administrative zone for taiwan. taiwan's ambassador thanked musk. the president wants to strengthen the economy and them a craddick allies. bite ned mensuration is ready to talk with north korea on removing weapons in the korean peninsula. john kirby said it will take cooperation from south korea and japan. north korea fired two short range missile sunday, adding to 10 it fired in the last two weeks. the french president has urged citizens not to panic after a strike against gas stations left them completely drained. those are your headlines. kathleen: let's take a look at china criticizing u.s. plans to ban restrictions on semiconductor supply chains. presi

let's get to vonnie quinn in new york. has your first word news. >> the japanese government issued a rare warning to residents of the remote island to take shelter as north korea fired a missile towards its territory for the first time since 2017. japan says the projectile splashed down in waters to the country's east. last week north korea launched seven missiles, the biggest barrage. bloomberg has learned the biden administration is planning to announce new restrictions on chinese access to u.s. semiconductor technology. sources say the commerce department will roll out new rules this week to govern which semiconductors can be exported to china. under current guidelines, u.s. chipmakers can sell machinery for use in china under certain circumstances. brazilian assets outperformed, investors welcoming the closer than expected first round of presidential voting. stocks surged the most since april of 2020. lula may need to prioritize market friendly policies before the second round vote at the end of the month. a lawyer for

me is not only the weapons being port new, but you keep in mind that i show you quinn will be exporting nancy ideology into you up this is that the key bomb it is similar to what i says did you have a nazi movement that has been supported by the way, you quade, and you have millions of you quinn is now how many of them are 90 and how much these ideology would be spread all over europe? i do think that europeans and americans, they do not care about your cleaning lives. what they want is to destroy russia. that was always the plan. so, so, so when it comes to weapons, you know, europe is getting so much di meter, right? you know, because they depleting the resources that it's getting dangerous, you know, they don't have enough weapons, right? now to protect themself in case of war. wow. so this news, i'll be sure to check out our t dot com from one to one. you will be back only out of the way to see is updates and thank you for joining us. with what we've got to do is identify the threats that we have. it's crazy going from taishan. let it be an arms race is on very dramatic development.

you can complain or the media curve out there who quinn inside, but don't cover the russian lexia but even not mentioned always with me and the please give them will just not the vehicle she wants to make you some asked me give you those to me. so can you just literally she dish that when she said a, somebody at the national goes away, that was he which meant a good look. sure. if it really is, are within the ah i don't see this conflict as being one over values. that's not to say that there might not be differences in values between elements of the us population or elements of the u. s. leadership and elements of the russian population in russian leadership. there may well be some differences, but i don't see this conflict as having to do with that. i see this primarily as really, frankly, a proxy war on russia border that is being pursued by the u. s. and the neo powers . mm hm. is the aggression today, i'm authorizing the additional strong sanctions. today. russia is the country with the most sanctions imposed against it. a number that's constantly growing. a list of course. sure.

i am vonnie quinn, this is bloomberg. >> still ahead, vladimir putin demanding a safety guarantee for russian ships in the black sea after suspending the ukraine grain deal, we will discuss the impact on wheat and commodity markets. equities -- vishnu says markets are staging risk rallies on pivot. this is bloomberg. ♪ heidi: a survey by bloomberg believes that the strong dollar will weigh actively on the u.s. economic outlook and could alter how high the fed ultimately raises interest rates. our next guest says our -- policymakers may be under accounting for the tightening. the consensus seems to be that while the pace of dollar strength moderates sub, we are still ways to go before we see a pullback in the greenback. guest: i like how that rhymed. yes. it is some ways off. usually does a bit late in the cycle. the dollar has typically receded well before peak rates. one can attribute it to perhaps the uncertainty around where peak rates are, how long they will stay there. they could also be the tina effect come of the a

i'm vonnie quinn.berg. ♪ >> nat gas prices dip below zero for the first time since 2020 is booming production overwhelms pipeline networks. the bring in our bloomberg energy reporter. this is quite surprising given that recently u.s. regulators were warning of shortages here in the northeast. >> yeah. this is a little bit of good news for consumers. maybe temporary good news. a lot of this has to do with the natural characteristics of natural gas, difficult to transport and store, just wants to evaporate up into the air. when you get a situation like right now when production is booming and running out of pipeline space, storage space, producers basically have to pay somebody to take it on, or they have to start the expensive process of shutting in production. even in texas, regulators won't let you just waft it out into the air because it is so potentially harmful to the atmosphere. >> in europe, the energy crisis has taken a bit of a surprise turn. we are now in a gas glut? >> not exactly. this is a

i'm vonnie quinn.nne: coming up,, rikers set to be closing in on a deal that will reshape their alliance. details ahead. this is bloomberg. ♪ yvonne: take a look and how asia is faring. mixed picture. taiwan looking less rosy here this morning. down by 1%. here's the bloomberg scoop now. renault is in the final stages of concluding a deal to reduce its stake in nissan. for more, let's bring in our head of asia transport katrina nicholas. how significant is the deal in terms of the operations of renault and nissan? katrina: it is really significant. it started back in the november 2018 arrest of carlos ghosn which worked to destabilize the alliance in many respects and gave nissan that power and emboldened nissan to seek a more equitable capital cross structure shareholding. what we are seeing now is that renault needs the cash. it's trying to transition itself into two separate businesses. one side of the business will be the combustion engine powertrain side of the business. the other part will be the

i'm vonnie quinn.is bloomberg. ♪ shery: coming up, as we look ahead to china's 20th communist party congress, we talked to human rights watch about how the landscape for lgbtq plus life is changed during xi jinping's decade in power. this is bloomberg. ♪ shery: in the lead up to the chinese party congress, bloomberg equality focuses on lgbtq rights in china, were read him has come under increasing pressure. what does president xi's likely return meet for these groups in chinese society. joining us is now yaqiu wang, a researcher at human rights watch. give us the state of lgbtq plus rights right now in china as we had toward the party congress. yaqiu: first of all, thank god it is not illegal to be gay or transsexual in china. that said, same-sex marriage is not legal in china, and people suffer prejudices from being gay or transgender. shery: how have things changed in the past decade under xi? yaqiu: it has gotten worse. lgbtq groups used to be able to organize themselves to advocate for their rights

us in the gym, as on the lab, i shook my approach nice at the light and that'll be a block of negro quinn. when could each should do it or ya come some i look at that little spot in late on the petite dish at the pier wife koya. doesn't it? with booty act on the idea? she says, how would love to stay on the sheet of nol? ah 3 a bullet, a flush being yeah, just to see trust without an on motion to was my man at the headboard in for us to put in the sponsors. nick, don't use us, but a horse was after a pretty day. you pretty, it's my dad. them, you sure must say in the i'd hours read will vice nikita bit the keel rosa. yeah, that may be a pastor. and yeah, bush, so potters, i had the war with this. fiji. me pretty good shape zillow. i get the stanza slee, anybody going to shed light to put the water, so i e ha, g frame and garage done, then me, ducks roughly, it was to flight terrorizing the city of atomic scientists persisted. even during the international atomic energy agency visit, down to a few months in advance or at the last moment to visit was nearly cancelled due to increased are st

i'm vonnie quinn.s is bloomberg. haidi: the cleveland fed president says there is no reason to open the fed's balance sheet plans. she spoke to kathleen hays earlier and says inflation is running hot and the fed should do more. >> i want to make sure we have all the data before the meeting and i want to hear what my colleagues are saying around the table. the real issue is, we need to do more. we have not seen inflation move back down and we need to see that because leaving inflation where it is, if it continues, the higher chance it becomes embedded in the economy, affecting pricing decisions of firms, also getting into the psyche of households and that has long-term negative connotations for the economy. this is a big question. we know it is time to persevere and bring the funds rate up. we know we are going to have to keep it there for a time until we see inflation beginning to come down. because we want to make sure it is on a sustainable downward path to 2%. if you remember the dot plot, we are ve

he and when you pull out in the gym as i'm dealer, i shut my approach nice at the la loca, nigger quinn boy and kiddies. she'd do it or ya. comes to my low id, that little boy in late on the picket dish at the piano where i've got away, doesn't it? with booty act on the idea she, she of how would love to stay on the shit of nol ah. 3, a bullet osler's game, yet just a sea chest without an i'm not sure to what's going on at the headboard in for us to put in with responses. mr. news is that a horse was off that operated. you put it, it might add them. you should, you must say in the bag now really will vice nikita pit to kill rosa? yet that may be a pos mr. now bush. so potters read the war with this. fiji. i any particular sheritza, right. that was dancers, why ye and any particular shared likely to the gore at so i ye, ah, you g frame a garage done then? ah, texas leaning it was to flight terrorizing the city of atomic scientists persisted even during the international atomic energy agency that visit down to a few months in advance. at the last moment, the visit was nearly cancelled due

brian quinn with all the business. great to see user.t is time now for truth or affect our daily fact checking segment. waiting by the big board. kathleen, we have seen the video on facebook and twitter where you claim that a nato military convoy was struck by russian missiles in ukraine. truth or fake, tell us more? reporter: nato has always be a form to support for ukraine especially weeks ago when they announce the delivery of new air defenses to fight against russia. this military support has opened the door to misinformation online, especially by anti-western accounts on social media. notably this one that today posted from a molly based account on facebook with anti-western sentiments running high. the caption in french reads ukraine, a convoy of military counselors of nato has been destroyed by the russian army. here, we can see some of the replies right here, saying hello to vladimir putin along with russia and the equality in the world. and right here, along with great russia and thanks again to the new command -- thanks again.

you can complain or the media curve out there. quinn inside, but don't cover the russian side. lexia would even not which and always with me and the please get them will just not still get you. she wants to make you some ask me, give you just to make sure. can you solution? is that what you said? a person not sure who is the way that we see which new the good would you be doing? it is or within the if so what i please to be used in what's just on the job done. would you believe me? i wish to be to better with what you like, what she plays when you watch the movies or some dealer or the good gulch coastal sky. what i mean eco delanie, shes up, isabel white. so please, if you get that machine, you will get to stay with me while pull you out of your aubrey show study. of course you can actually set up with join if i knew your delete. but please go michael with the gussy truth. as always, his book, so some of them wish coupon. gandhi, that's correct. i said, i see you have is your shakira and see, i've nan ladies, new reading, use more teachers and i'm at the school sci fi collections. c