is that why quinn meant.ame a ominous text from queen, i kno you want me dead read text back, i don't know i that's quinn i have your $50,000. stop - with me. just give me my wife there was no reply investigators brought reid bac to his house and parked in the driveway they set up a mini command center in the house using recorder to tape all incomin calls. and that is when something happened that no one expected. >> we sent a detective to that home and we didn't wit surreptitiously because we had thought about it >> and they walk in the fron door >> yes, they pulled in a unmarked vehicle the minute they pulled in, w received a text from the victim reid got another text from his cell phone >> wait for instructions, yo -- up twice already, you involved other people. who's ford is in the driveway? it wasn't unmarked sherrif's vehicle. they are watching the house? >> there watching the house. >> fearing there were bein watched by the kidnappers, the sheriff ordered all hi personnel to go covert and get out of sig

i'm vonnie quinn.onald trump has arrived in new york to face the first-ever criminal indictment filed against a former u.s. president. he's planning to plead not guilty to charges tied to his alleged 2016 hush money payment to a porn star. he has bolstered his legal team by hiring a third high-profile attorney who previously defended paul manafort. the u.s. military says the u.s. inspected the chinese spy balloon shot down in february and gathered -- it had gathered intelligence from military sites. nbc news earlier reported that china was able to transmit information from the balloon in real time, but the pentagon says the military took actions to ensure china gained little value from it. u.s. factory activity contracted in march by more than expected, with a closely watched gauge dropping to the lowest level since may 2020. the ism manufacturing pmi decreased to 46.3 p or the data suggest that rising interest rates, growing recession fears and tighter lending fears may be weighing on investments. tim

because before february 20 to 20022, you was only a new quinn and president. not, not better, not worse than your door. exactly corrupted or the pass code. the ukrainian president. exactly undemocratic because the, the cancer or the last major rep or post to him before, not only after february, but before you also present jane. it was also before, so you want to exactly like a president. so it became a star because we did west, especially like the states that need new stars in order to promote the weakening of russia to promote the war against russia to promote the so called grain against the bad russians. and so the next key will last as long as this war will be supported by, by the west. because yes, as, as explained in manufacturing consent needs all the time to be to be supported to, to consume scrunched it's consuming or so starts or start you styles and probably restarts events key one did. ready become a bus stop because it would be alike or a consumer products or consumption in our society. it would be consumed to game at all author of ruthie occident.

i vonnie quinn, and this is bloomberg. -- i am vonnie quinn and this is bloomberg. >> still had, the news out of new york as donald trump beefs up his legal team at head of his historic arraignment. >> more analysis in oil prices as opec heads of speculators, the outlook next. stay with us. this is bloomberg. ♪ >> this oil moved i think is temporary, i think it will slip back a bit. but it is not great obviously. >> they broke the glass and if they did not push the panic button, they pushed the percussion button. in the pushed hard. christ if we don't see a slowdown in economic growth issues in the than we have a new constraint in the global economy which could mean that inflation means higher longer. >> inflation will destroy demand and that will feed into recession. but central bankers are still very worried about these kind of inflation expectations. >> this does send a strong signal to the market that they will support prices, support the market, with the shortage in. >> commenting on the open decision to cut out from opec next month, can she -- cken shih. how are you going to na

i'm vonnie quinn.is bloomberg. ♪ paul? >> thanks, vonnie. finland has joined nato officially following russia's invasion of ukraine. bloomberg has more from brussels. reporter: now a double celebration in brussels. the 74th anniversary of nato with a new member. the flag you see behind me, white and blue, that is finland. it becomes a new member to what is the world's biggest military alliance. a historic shift for the country, which now abandons neutrality, to join nato. the president himself said the era of nonmilitary alliance had come to an end and a new era begins today. he addressed foreign policy it comes to finland will not change. the country will still pursue and aspire for peace and stability. this is a historic shift in many ways prompted and accelerated by russia's invasion of ukraine. the question is -- how will russia if at all respond? >> still to come, credit suisse's senior leaders say sorry to the bank's failures as they face shareholders for one final time. our report is next. this

i am vonnie quinn. >> thanks. one bank is set to list. more coming up. we look closer into the failed starship launch and what it means for the mission to mars. this is bloomberg. ♪ the first time you made a sale online with godaddy was also the first time you heard of a town named dinosaur, colorado. we just got an order from dinosaur, colorado. start an easy to build, powerful website for free with a partner that always puts you first. start for free at godaddy.com >> the fed has been focused on lowering inflation, which is absolutely essential if we want to support a growing economy and rising incomes. >> lowering inflation levels. our next guest says investors should not become complacent about rising prices and should hold detection-inflected assets. joining us now is the -- great to have you with us. which do you have and which do avoid? >> that is a great question. some reaction from markets over the the recent past whenever inflation numbers surprise from the upside, the assets were sold like pr

i am vonnie quinn.berg. haidi: china has warned the taiwan issue is an unprofitable redline after the island's president met the u.s. house speaker in california. kevin mccarthy told us more about why he hosted her despite warnings from beijing. >> you also have to think, we are at the reagan library. reagan produced the six assurances. this is exactly what we should be doing. if we want to make sure we foster democracy and peace and make sure we do not get into any type of conflict, people need to sit down. what china needs to understand is they cannot dictate who a speaker of the house can meet with be they faux or friend. i would sit down with president xi. >> [indiscernible] beijing? >> i would gladly. i think it is important. one of the things americans have front upon is we have never spoken with one voice when it comes to china. when i became speaker, we created the select committee that had 146 a democrats vote for it. you have watched democrats and republicans here together. that would foster a

i'm vonnie quinn.s bloomberg. ♪ shery: coming up -- france is a listing china has helped to push for peace talks between russia and ukraine. the details, ahead. this is bloomberg. ♪ when you automate sales tax with avalara, you don't have to worry about things like changing tax rates, exemption certificates or filing returns. avalarahhh ahhh ahhh ahhh haidi: emmanuel macron doubling down on his recent chatter engagement push and approaching vision with a plan that could lead to talks between russia and ukraine. let's bring in our north asia correspondent, stephen engle, in hong kong. this is interesting, given that they have their own ukraine peace proposal, what are we hearing from macron? >> it also comes on the heels of the brazilian president also going to beijing on talking about supporting some sort of peace effort for russia and ukraine. china has floated its own idea on how to get the parties together. but that was why they dismissed it as too vague and perhaps freezing the battlefield as it is

vonnie quinn. this is bloomberg. rishaad: thanks. get better. let's tell you what we have. india electricity to men in focus as it reaches an all-time high amid a blazing summer good we have a closer look at how the government plans to avoid blackouts. plus, singapore doubling property taxes for foreigners to 60% in a move that is being called draconian. the details are on the way. ♪ oh booking.com, ♪ i'm going to somewhere, anywhere. ♪ ♪ a beach house, a treehouse, ♪ ♪ honestly i don't care ♪ find the perfect vacation rental for you booking.com, booking. yeah. go. go green. go wind turbines. go gorgeous reliable grid. go emerson software. go science people. go breakthrough meds and safe science. go space age welds for super silent cars. go big. or go home. from software that delivers new cures at warp speed, to technology that makes clean energy reliable, emerson innovation helps make the world healthier, safer, smarter and more sustainable. go boldly. emerson. if you wake up thinking about the ma

i am vonnie quinn. this is bloomberg. >> let's get some morning calls.etting lonely up there for equity bowls. >> the s&p 500 has been higher for five of the seven last weeks. but there was a lot of doubt of how long this can last. this tracks the daily returns of the benchmark. outflows as much as $285 million in a single session last week. that was a record. this one saw inflows of about the same amount as well. goldman sachs is seeing a lack of sponsorship for the recent moves high that we have seen for u.s. stocks. the biggest outflows they have seen have been in mutual funds. it indicates the s&p 500 should actually be down about 3% from january 11, but it has been up about 5%. >> a lot of fed speak also do this week. >> a lot of different investors in the market are seeing different outcomes for the fed. if you take a look at this chart, that is the short-term interest rate futures. there price for cuts of 150 basis points from september 2023 until september of next year. we are getting different calls coming through, two are really pitted against

we help you quinn on 3 sides to move if you did you one of the example 2 weeks ago to the decision to work together. you members to produce ammunition because we feel that is needed to strengthen our defense industrial base. you know, the to speed up and you're absolutely right. that is important to do everything to, to accelerate the effort. this is really important that the ukrainians made the shows to, to resist extremely courageous. and he's a tragedy for them. and that's why i would you t, i responsibility is to do everything we tend to know that to assist to, to support them. and of course, they're not. they're not impressed with the relationship with the you at the moment . ukraine's foreign minister dmitri labor has complained bitterly that the e u was failing to implement its own decision on the ammunition to purchase ammunition for the country. because the member states were arguing over which suppliers they should actually and since, and sign a contract. and since that statement made by the me, so for the fact we had your titian to clarify with you can authority, you know,

i am vonnie quinn. this is bloomberg. haslinda: still ahead, we will get insight into india's oil and petrochemical demand from an industry veteran, who is also the ceo of a refinery. rishaad: plus, a tesla misses on its first-quarter profit estimates after a series of price cuts or details on the way. this is bloomberg. ♪ >> while we reduce prices considerably early in q1, it is worth noting our operating margin remains among the best in the industry. we are taking the view that pushing for higher volumes in a larger fleet is the right choice versus lower volume and higher margin. >> the assumption that people understand, you know, the value proposition of an ev versus a gas car is a bit, you know, naÏve, so that is the part that bothers me that maintaining margins undercurrents pricing -- current pricing strategy seems to be poor, i think. rishaad: the chief executive elon musk on the companies's pricing strategy and reaction from shareholder ross gerber a short while ago after this profit misses. it was down to price c

i'm vonnie quinn. this is bloomberg. coming up, a closer look at the historic deal between ubs and credit suisse, and how the share made it happen. this is bloomberg. ♪ >> by ever widening profit margins, looking forward, it's important the wage increases remain probably consistent with the inflation target and that the arriving profit margins does not become a source of upward pressure on prices. the board is watching developments. yvonne: ubs is said to hold agm later with a focus on the return of the ceo to oversee the acquisition of credit suisse. it follows the final shareholder meeting for credit suisse where the senior management apologize for being unable to prevent its demise. oliver crook was there. >> the credit suisse annual general meeting attended by more than 1700 shareholders will be there last. if you held shares during the last agm, you have lost 93% of your value. we heard from the ceo, we heard from the chairman. a note of contrition and an apology for not being able to turn this bank around in time a

i am vonnie quinn.ext, g-7 ministers wrap up their meeting in japan without a solid deadline on new coal investments. we discuss how that might affect global climate objectives. this is bloomberg. ♪ when you automate sales tax with avalara, you don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh shery: speaking at the g-7 in japan. those discussions ended without a deadline to halt new coal investments while noting nations will have various paths to get the net zero. the latest data compiled shows just how much each g7 member nation lags their targets with japan the biggest laggard. let's bring in david can. why is japan trailing? >> in the aftermath of the tragic fukushima nuclear accident in 2011, japan relied heavily on fossil fuel power generation to keep the lights on as well as build lots of new coal and gas power plants. japan did manage to restart 10 reactors in 2011, one third of their total capacity. the also rolled out generous subsidy schemes. even sti

let's get you to vonnie quinn.grande has come under fire from china post two main exchanges were failing to publish its 2021 earnings. the shanghai stock exchange and jen jen about the biggest stock exchange took this very action by criticizing the major mainland unit of evergrande for the delay. the exchanges said they will notify the chinese securities regular trade commission. a member of the european bank of central governing council says rate hikes have to continue if their latest macro economic outlook remains intact. pablo hernandez also heads up spain's central bank and says the size of the next move will hinge on incoming data and adds ecb policy will depend on how risk related to the recent financial structure -- a of las vegas stress to realize. >> we are monitoring financial situations from these events and we are ready to respond when necessary to maintain price stability. vonnie: officials have vented to taiwan that they may be willing to put out of turn's belt and road initiative. italy's industry di

so if you are, your name is known from the public, which was the case offers lensky in quinn. you was very famous as a comedian, as are you still at the t v. event in russia, but also in your claim. so it's a big advantage. if your name is already known, and it was also a president, that's a fake president, but he was playing, he's all before becoming the 2 president of the country. so maybe it has some influence about elections. but what also is important in the case of for, for the lensky, is that you're so yes, a special look, you know, and you made a campaign. yeah, you made a campaign electoral campaign. 192019 saying, oh, i am new on the scene. i am not corrupted as on our past president and i will bring you the piece so you made promises to. ready queen and our citizens saying, i will bring peace. i will set the conflict under crisis redress, shut the door. so the maid promises with which he betrayed as soon as he was elected. but to be pulled to election use this, let's say she's new with a to so i pass talk none to be elect elected and after you betrayed but between o

i m vonnie quinn. this bloomberg. haslinda: still ahead, we are counting down to the rbi's great call. here why our guest sees another 25 basis point hike coming before the central bank hits pause. yvonne: first, beijing last the meeting with taiwanese president and the house leader xi jinping pulls out the stops for emmanuel macron in beijing. we dig into this geopolitical tug-of-war next. this is bloomberg. ♪ >> we have never spoken with one voice when it comes from china. we have gone from administration to administration. when i became speaker, we had 146 democrats vote for the select committee. i think that would foster a stronger relationship with china because china would understand where our boundaries are and will not worry about one party saying something. what china needs to understand is they can't dictate who is speaker of the house and who they can meet with. from the same moment that many omicron is sitting down with president xi jinping, i think that is good. i would sit down with president xi jinping.

brian quinn joins us. starting with that visit to china by emmanuel macron.rade ties are very much in the spotlight. >> indeed. macron has brought quite the entourage with him, 50 business leaders, including the heads of edf and airbus. macron will be trying to even out france's deepening trade imbalance. last year, france imported 77 billion euros worth of goods from china while only exporting 24 billion euros worth. the visit comes as relations between beijing and the west are growing increasingly tense. the u.s. has been leaning on allies to cut china off from key exports like advanced microchip technology. urszula von der leyen last week called for eu oversight on european exports and investments in china. macron, though, reiterating that he does not want to decouple the european and chinese economies. >> and so in a way, we had to do risk our economy -- we had to derisk our economy and not be totally dependent. we should not dissociate and separate thinking that in the long run, we have nothing to do together anymore. >> next, switzerland has ordered cre

as a comedian, as a human resource at the t v. event in russia, but also quinn. so it's a big advantage if your name is already known, and it was also a crazy not a fake president, but he was playing his role before becoming the 2 president of the country. so maybe it has some influence about elections. but what also is important in the case of, of the lensky, is that you're, so you have a special look, you know, and you made a campaign that you made a campaign electoral campaign. 192019 saying, oh, i am new on the scene. i am not corrupted as on our past president and i will bring you the piece so you made promises to. ready and then our citizens saying, i will bring peace, i will set the conflict and the crisis redress shadow price using the don't boss. so the made promises with which he betrayed as soon as he was elected. but before the election use this, let's say she's new with a pass talk, non politician as an advantage to be elect elected, and after you betrayed it after the election. that's why it was in my you success and sure. i know how to talk argumen

i'm vonnie quinn. china held its second day of military drills around taiwan with multiple exercises involving aircrafts and ships full topic came after the taiwanese president return from a visit from the u.s. where she met with lawmakers. taiwan said it detected 70 airplanes and warships sunday. the world bank will return to solve the mounting debt of four countries. the world bank president said concrete proposals to address some of the biggest restructuring roadblocks will be introduced at the mobile sovereign debt roundtable. more than half the worlds low income countries are at high rate -- high risk of debt distress or already in it and several have already defaulted. the u.s. health secretary says the biden administration is weighing every option to strike down the quote reckless ruling by a texas joe -- texas -- texas drug -- texas judge over a key drug in abortion. north korea has not responded to regularly held inter-korean phone calls for a third consecutive day. soul and pyongyang typicall

i'm vonnie quinn. according to a report on ftx's debtors, the company lacked fundamental accountability controls. it jokes internally about their losing track of million-dollar assets. their board is the first to release since sam bankman-fried's company collapsed in november. u.s. lawmaker mike gallagher says apple and disney are among u.s. businesses that will face the steepest challenges in a selective decoupling from china. aligarh is the chairman of the house committee focused on u.s.-china competition and met with executives including apple ceo tim cook and disney ceo bob iger to discuss how companies are navigating tensions. bob iger says he does not see a total break from china in the near future. the super mario brothers movie has scored the biggest opening for a movie so far this year. it raked in 146 million dollars in its thomistic debut and a global hall of pre-hundred 78 million dollars. a look at how futures are trading -- the monday session in the u.s. will be the first after the nonfar

i love the quinn more you to a home. why and then a long oh, i learned china almost done as a city or do then i went to hud. the result of the defendant don't want to do the john i a mom or somebody come and throw on my sheila wall myself or her mom to so tardy. i'll car b is a pullman civil servant. he remembers how you s plains bomb the barracks in his home town of target. while he and his neighbors watch from their homes tardy, survived shelling. what was later wounded by a land mine? sure. will you also look at it? i am, i went out for no other nathaniel and albert lockwood. none of it. i'm poor d. okay. though, which she then added with non her modest paul walker the law forward for job flow. hm. hold on for the she on board human option. what she's already there for july, you know, it's not the top for july in a to a funding, but federal highlighted with almost filled with papa quinn at yahoo da neimark nowadays to make ends meet tardy, jives of tank. see, sometimes his son who works in a shopping center, helps him

i am vonnie quinn. this is bloomberg.ill ahead, ey will take us through their latest report on global trends as alibaba and jd.com repair new listings and hong kong. the latest on oil markets as opec+ shocks with plans for a one million barrel per day cut in production. this is bloomberg. ♪ haidi: let's look at other energy stocks we're watching in australia as the rest of the asx comes online. trading when it comes to woodside and santos is still watching ampol seeing the strongest gains up by 5%. santos benefiting from the news that opec+ will be cutting up but by over one million barrels per day. santos up by 4.6% by this point as we are watching oil expiration and production companies seeing the biggest gain across asia after the surprise opec+ production cut. shery: let's get more on that decision and bring into canaan. we are seeing analysts and scrambling to change their forecast for the oil price. su: goldman boosted their brent oil forecast, and they were already bullish because of macro data out of asia. to give

>> i'm vonnie quinn. -- has taken the helm of the bank of japan. ueda, the first boj governor change in a decade. what do we know so far? >> yes, it is a momentous day for japanese central banking. ueda era has now started. we are working to see what he says in his inaugural press event later today, but so far, he has said that he wants monetary easing to continue. his stance is that everything should be data-dependent. right now, we are not expecting major surprises of the sort that kuroda had dealt. from u we are expecting a cautious start. -- from ueda. >> not a huge amount of trading. is there anything he could say today that would surprise the market? >> one thing that could happen is a meeting between ueda and the prime minister. that is something that happens quite often between a new boj governor. and it is something that we're watching. whether there could be any comment about the joint statement between the government and the boj. if there is any sort of comment that is surprising, that could potentially be market moving or have implicati

, on, in a few hours we've been able to take from them until the soon in terms of support for you. quinn, infection against russia. you've spoken by phone to vladimir putin over the course of the last year. if you had to pick one concrete result from the conversation from the discussion, what would it be that when i had for processing after the start of the 1st taylor invasion, start out of the way? i don't know. so we could do tuesday to, to focus on some human to insurances, and i can give you an example. one creatures. obviously this is, this is very important to allow some humanitarian agencies request, for instance in washing close to intact disorganization to make sure that they would have access to some territories in order to provide some support certain example descent of prisoners very quickly after the start of the tools started through some international agencies on the chair of prisoners. these are 2 examples and point 3, i think it's very important also to, to, to advocate because even when we saw the roof, the principal, and this is why we are so committed to make sure tha

and we are doing every scene to talk to, to make sure that you quinn because he's our interest. sha, michelle. great, have you covered some things i watch a date with ah, [000:00:00;00] with the cigar, the culture of pakistan. sin, the cradle of one of mankind's oldest civilization, the birth trace of disguise that has mastered religious tolerance, yet remains unknown, and depressed. still standing, preserving cindy culture in 15 minutes on d. w. exploiting labor and generating load. so plastic waste vegetable growers in southern spain have long had a bad reputation. the german supply chain is supposed to ensure fair wages and environmental protection, but will have an impact on the situation in spain made in germany. in 90 minutes on d w. o. these places in europe are smashing the records, stepped into a bold adventure. it's the treasure map for modern globetrotters. discover some of you are record breaking sites on your back. youtube and now also in book form, the trio taking on and i do intrinsic networks. as for this, did this over those mounting evidence that nigerian human traf

i am vonnie quinn, this is bloomberg.ion s guest says south korea's president will need economic deliverables from his visit to the u.s. and expects to be cautious of public statements around china. the policy institute vice president joins us now from washington. i was good to see you. we know president biden has rolled out the red carpet for president yoon. what sort of economic achievements do they need to take back home in order to really raise the standing? >> that is a great question. president yoon is coming to the states with low popularity unions -- ratings in korea. and they're not getting enough from japan from the bilateral agreements that were reached. the pressure is on you to be able to demonstrate that he got something out of this visit. i don't want to underestimate because the state visit is a big deal. this is only the second state visit president biden has hosted. he will need deliverables on the economic and security side and based on the joint statement that was just issued about one hour ago, it see

lady gaga, who reincarnated as the villainess harley quinn, published a photo on her social networksonfirmed. force end of filming the entire filming process took about 5 months. but director totmina two, where lady gaga performs the iconic dance on the stairs from the original 2019 blockbuster, the premiere of the film is scheduled for october 4, 2024. and now she's the villain. and now you see her, and the video on the stairs dancing is definitely and very interesting, because for those who don’t know harley quinn this image is very provocative and different comics tell different stories about her personal life. and specifically, in the joker, of course, we will find out her romantic story with the joker i guess, but they say she had affairs with various other characters. if only we could see the films and find out, so to speak, the details were cleared by her in the film. uh, absenteeism where she played such a respectable signora, and here she is so provocative. eh girl. look what she gives out there on the stairs. what stories in general, and it seems to me another oscar of poli

let's get to the first word news with vonnie quinn in new york.e: opec+ announced a cut of one million barrels per day. the price reaction could add to inflationary pressures, forcing central banks to keep interest rates higher for longer. the white house responded by calling the cut bill-advised. confidence among japan's large manufacturers worsened for a fifth straight quarter. the survey sentiment plunged to one in march from seven previously, the weakest in two years, supporting views that the incoming central bank governor because what weight will maintain ultra easy money polics lost a parliamentary election. her party held the far right party. the party leader has declared victory but will have to run with one of the other bloc's to form a government. >> finish people want to change. now i will open negotiations with all parties. the crucial issue is the economy, we have to fix our economy. vonnie: china is reportedly ready to work with malaysia and other southeast asian nations for a south china sea code of conduct. state media says beijin

let's now get to vonnie quinn. vonnie: vladimir putin has praised ties between the militaries of russia and china during a meeting with a top official from beijing. the chinese defense minister's visit to moscow comes a month after president xi jinping's. state media says he also plans to meet with his russian counterpart and visit military institutions. china has become russia's biggest supporter since the invasion of ukraine. india says it could by russian crude near are past the g7 price cap of $60 a barrel if costs continue to rise due to supply cuts. the finance minister told bloomberg the priority is getting enough fuel for the population of 1.4 billion people. india imports about 80% of its crude and russia is now its top supplier head of a rack and saudi arabia. >> we have a large population. and we also therefore have to look at prices which are going to be affordable for us. otherwise, i will be ending up paying far more than what i can afford. vonnie: thailand's main opposition party remains the top choi

and we are doing every scene to talk to, to make sure that you quinn because he's our interest. sha michelle, be great, have you covered some things i watch a date with ah. with a dangerous planting. polished german is a farmer who wants to return to work to the land, but because of the intense combat in his home town of car keys, the fields are now filled with mines. every step on the ground to put his life in danger. yet many ukrainian farmers are still on the red. focus on europe. in 30 minutes on d, w. whatever you have heard in the red, it's 10 times more holocaust survivors in postwar, germany for them life after 945 through today has meant starting a new and processing the past. the ongoing struggle for remembrance and against denial in the land of the perpetrators starts may 6th on d, w. these places in europe are smashing all the records, stepped into a bold adventure. it's the treasure map for modern globetrotters. discover some of you up to record breaking sites on your mac, you tube. and now also in book form county journalism helped us in overcoming divisions. register now for t

let's get over to a vonnie quinn. >> fox news has rate to settle a voting machine makers a defamationawsuit over the 2020 presidential elections. dominion voting systems says a network agreed to pay $787 million, half of what it had claim. dominion accused fox of airing a bogus claims that had raked the election against donald trump eared fox argued its broadcasts were protected as free speech under the first amendment. treasury secretary janet yellen is set to deliver speech on economic relations with china. her remarks are scheduled on thursday and washington ahead of the planned trip to beijing. ties between the two countries have been frayed over taiwan, spying allegations, technology security, and russia's invasion of ukraine. g-7 countries have vowed to support ukraine for as long as it takes in its fight against russian forces. it follows a meeting of top g7 double nasa japan who reiterated support for the plan. the ministers goal for greater engagement with china to stabilize relations and urged a peaceful resolution of taiwan related issues. french president emmanuel of seeki

let's get to vonnie quinn with first word headlines. vonnie: ubs will reportedly cut as much as 30% of staff after completing its takeover of credit suisse. a swiss newspaper says the move could affect 11,000 workers in switzerland plus 25,000 more worldwide. a separate development, swiss prosecutors opened an investigation into the deal. i want to identify possible crimes leading up to the credit suisse collapse. former u.s. president donald trump is planning to plead not guilty to charges stemming from his hush money payment to a porn star during the 2016 election campaign. his lawyer told cnn the payments were previously investigated by the federal election commission and justice department and they found no violations. trump will be arraigned in new york tuesday. beijing is launching a cybersecurity review of imports from micron, america's largest chip taker. the chinese government wants to ensure the integrity of its information infrastructure supply chain citing national security concerns. the latest offensive in the chipboard bet

you quinn hasn't pleasantly surprised us. these whole story regarding ukraine is based on the issue of its territorial integrity. do you know, with which efforts we wrote for all resolutions condemning the violation of territorial integrity of ukraine around the world. and yet, when it comes to territorial integrity of serbia, they are silent. the foreign policies beeson reciprocity. this will certainly affect our position regarding this matter in the future survey and president alexander roche added that he have silence regarding kosovo. membership in the council of europe is equal to a recognition of the self proclaimed republic. according to change. this will affect bel grades. vote in the next session of the council of europe scheduled in may, where the ukraine conflict is expected to take center stage belgrade has previously express full support for ukraine's right to preserve its pre war borders. despite refusing to join the west and imposing sanctions on moscow, kosovo which proclaimed independence from serbia in 2008,

it's all the people behind the scenes, my board but especially for parade, kathleen, teresa and james quinn. [applause] and then closing down san francisco to allow us to have that parade, we need the help of a lot of your city agencies, and they do a great job, bill scott, his station, my good friend captain doug and derek and then the man with the boots on the ground, sergeant tobey moore. they do an excellent job for us. [applause] and i want to thank and congratulate our grand marshal, pat uniak, and all the families of the honorary grand marshal. it's definitely a honor but it's also a commitment and as the mayor said all the events with her busy schedule, we can hope that she leads the way and you can follow. but we appreciate it, your wife una and pat is getting all the accolades but we know you'll be helping him out, so we get it pat. as well as all the families of the grand marshals. thank you. [applause] so it is the season to be irish, we invite everybody to be irish come out and celebrate with us. especially the irish from san francisco, those are two great traditions. the irish

i'm vonnie quinn. this is bloomberg. shery: still ahead, more from our interview with thailand's opposition party leader. he tells us how he plans to reclaim what he calls the countries lost decade. first the bank of japan officials are said to be wary of tweaking or scrapping yield curve controls, details of our exclusive story, next. this is bloomberg. ♪ thanks to avalara, we can calculate sales tax automatically. avalarahhhhhh what if tax rates change? ahhhhhh filing sales tax returns? ahhhhhh business license guidance? ahhhhhh -cross-border sales? -ahhhhhh -item classification? -ahhhhhh does it connect with acc...? ahhhhhh ahhhhhh ahhhhhh >> it is likely we will see at least one more, possibly two more rate increases. that gets you to high-five, 6% interest rate. whether it is a moderate recession or if we dodge the bullet. it does not matter much. what matters is if inflation is tamed. you have to go much higher, and into a deeper recession. shery: james gorman talking about his expectations from the fed and impact

i'm vonnie quinn and this is bloomberg. shery: time now for morning calls. we are seeing u.s.es pointing to modest gains as investors debate what to expect from the first quarter earnings season. annabelle joins us from hong kong. could this finally be the low point for profits from s&p 500 companies? annabelle: that is the big debate of course in the markets, how deep is any sort of recession likely to be, when will the fed be ending his tightening cycle. with the bulls are saying this will mark the low point and the equity rally can continue. others are more sanguine on the outlook. they say yes, perhaps we could see another late high, but that is not their base case. they say their we more cautious outlooks coming through in the earnings calls. we have still not seen the full effects of the fed's tightening. lots of different key areas for investors to be looking out for an one of them will come down to sales versus margins. this chart here taking a look at the outlook for global stocks. you can see on a 12 month basis, forward sales estimates are still tracking higher, but

. >>> coming up on "cbs mornings," the competitive story of 9-year-old golfer madelyn quinn.ursued her passion for golf and meeting tiger woods after undergoing a heart transplant. i'm wendy gillette. this is the "cbs morning news." " i used to pre-rinse dishes cause my old detergent didn't actually get 'em clean. but new cascade platinum plus has me doing dishes... differently. with double the dawn grease fighting power and double the scrubbing power. >>> from cbs news bay area, this is the morning edition. >>> she loved it disneyland and minnie mouse. she loved e thutter. >> friends and neighbors remembering a little girl taken too soon after shooting on 880. >>> all that rain this year, but is it affecting the drought? we tell you where drought restrictions could ease. >>> throughout the bay area, mild and cooling down into portions of the weekend i will break down the forecast and just a bit. >>> if you are a super commuter into the altamont pass, we are tracking brake lights and a crash out of tracy with travel times coming up. >>> a look on this tuesday morning with a f

landscape is a new star since peace europe, because before february 23rd 20022, you was only a new quinn and president not, not better, not worse than your door. exactly corrupted or the pass code, the ukrainian president. exactly undemocratic because the you can sell or to last me jack rep opposed to him before not only after february but people also present jane. it was on so before so you want to exactly like a president. so it became a stop because we did request, especially united states that need new styles in order to promote the weakening of russia, lord de war against russia to promote the so called great against the bad russians and saw semanski you will last as long as the school will be supported by, by the wester, because yes, as i said, explain the manufacturing of content needs all the time to be, to be supported, to, to consume, be reconsidered, scrunched it's consuming or so starts or start a new styles and probably new stars, events, key one day will become a bus stop because you will be and like all the consumer products or consumption in our society, it will be consum

let's get to vonnie quinn.essed that it north korean nuclear attack on the u.s. and its allies would be the end of them jungle and's regime. at the declaration came with this announcement of new efforts to counter pyongyang's nuclear builder. the u.s. will deploy a nuclear armed submarine in the peninsula securing a pledge from south korea not to pursue its own atomic arsenal. pres. biden: a nuclear attack by north korea against the u.s. or its allies or partners is unacceptable and will result in the end of whatever regime would take such an action. we will not be stationing nuclear weapons on the peninsula, but we will have nuclear submarines and things like that. vonnie: bloomberg has learned the turkish president has canceled a day of campaign appearances after falling ill during a live tv interview. our sources say he will instead join the conference with president vladimir putin. erdogan is basing his toughest election since 2003 with six opposition parties running to unseat him. a disney is doing for gov

i am vonnie quinn.oomberg. >> still had this hour, we will get analysis of india's consumer sector from bay capital investment advisors. that is coming your way next. this is bloomberg. >> u.s. futures getting further into the red now. that is not exactly a cause for optimism here at the moment. we are looking at j.p. morgan's story coming out. they said they should be cautious and defensive strategies. they are looking into the fed emergency lending program that has reduced volatility as well as rates. the u.s. recession has not been priced in yet. he is looking like this at the moment. that is why in the gap between wages on the bond market direction there. underscored by trades from goldman sachs. they're pricing in rate cuts to aggressively. talking of banks >> that's right, let's get to the latest on u.s. bank earnings. goldman sachs surprising investors as traders failed to capitalize on the fixed income. the co said -- coo said the rest of the volatility is over. >> the rest of the volatility is

ah, who mean been that there's a big apple that evolved quinn, then movie mentioned, but to go out and say, yeah, but either it's yeah, no, i don't know, stocky. i was picking up and going to handle a please ask when she be fundamentally illustrated gentle julian, that it was a said yet non view lane that deal a even down to the st clenched fish symbol that you saw for aught poor. and you saw in georgia and you saw in ukraine even in venezuela to when we tried to get rid of travis not too long ago. this is an old symbol and that we are all using normally, camera workshops are 7 days and you teach people the brain, basic principles of success and non bon struggled. ah, one regimes overthrow usually need at least $33.00 factors. one is organization. 2 is ideology. 3 is leadership, liberal democracy is like a delicate flower. very many things can go wrong. it's not a natural way that societies are organized. so like a delicate slower we need the right temperature, right? voter right, toil, ah, no, actually not shown resistance or not. it's not crucial a the fallen combat boys premium are

pero pau so allÍ y hay un riesgo de inundaciones en el valle de san juan quinn. joaquÍn el agua demasiado fuerte y rÁpida y causar problemas en donde estÁn las zonas agrÍcolas. es una situaciÓn muy que vamos a seguir metereologÍa y empezamos aquÍ en el Área de la bahÍa. nudades f josÉ. y los vientos por supuesto. y al este de san É. morgan hill, un poco de fuerte uvia lo que la zona de livermore. y cuidado si va a manejar los prÓximos minutos incluye las rÁfagas de viento que van a continuar con nosotros esta noche irnos a descansar un poquito mÁs leves entrando al martes de estsena. vamos a empezar la temperatura maÑana en los altos 30 y los 40. un poco mÁs fresco de la ciudad de napa y en santa rosa. hay unosambios, pasando del mart y el miÉrcoles de esta semana, podrÍamos vero tra el regreso de la lluvia otra vez aquÍ a nuestra regiÓn para el jueves, incluso el viernes, un poco el sÁbado tambiÉn y ya, hay mucho de quÉ platicarles para el fin de semana. noten que ya un poco mÁs tranquilo para el domingo y el lunes, domingo de pascua. que podrÍamos ver l tempera

i am vonnie quinn and this is bloomberg.we did just hear from the foreign minister of china qin gang. interesting rhetoric when it comes to geopolitics and seeing modernization is not the privilege of a few countries. they don't target hegemony and its developments. also talking more about taiwan. we turn to china as a part of that post-world war ii global order. some fiery rhetoric could say on the back of what we have been hearing from president biden considering and readying his executive order when it comes to u.s. investments to china when it comes to high-tech industries rishaad: also talking about both sides of taiwan when it comes to china. a bit more to the already pre-existing tensions here as well. yvonne: let's brain -- bring in gabriel wildau, the managing director at -- is it going to rock u.s. tensions further? >> this executive order on investment review has been telegraphed or months and is pretty clear now what is going to be contained. i think it is a modest win for the u.s. business model because an earli