i'm rosalind chin.ade was at the forefront of the week's news and while the primary focus has been on asia, the issue is critical to many regions. in an exclusive interview with don mickelthwait, we discussed the country's ongoing negotiations with the u.s. and president donald trump. >> now on the table, we have two subjects. beef. biodiesel. i expect to solve beef quite soon and biodiesel is something that we can agree, it came from -- it should come from the private sectors. both sectors should sit down to find a way because at the end, the state needs it. it is a question of finding which conditions in the american private sector will accept to continue importing biodiesel from argentina. the need is there. we are not replacing local production. i still, with the help of secretary rose, i am still optimistic that we will find a solution. >> do you see donald trump as a free trader? >> donald trump is trying to find a way to protect local jobs. in that way i may not have the same view that he has bec

i'm rosalind chin.his is bloomberg best, the most important analysis around the world. as markets open on monday, investors were trying to make sense of the weekend shakeup in saudi arabia. the crackdown in saudi arabia. weekend, we have effectively carried out the arrest of billionaire ministers across saudi arabia. the purge in the name of a sweeping anticorruption drive brings it closer than ever to power. and certainly for investors in the region. is beingale of what done. the enormity of the implication in terms of the influence. acrossre top names industries that have been on the business of corruption. this is a country that has historically not dealt very well with radical change. they are consolidating power and there has been a corruption problem in saudi arabia for generations. it is important to clean that up and if the crown prince is doing that and is successful at it, it will add credibility to the saudi business posture. but if it turns out to not be transparent, and turns out to simply

i'm rosalind chin.s is "bloomberg best," the most important analysis around the world. as markets open on monday, investors were trying to make sense of the weekend shakeup in saudi arabia. >> the crackdown in saudi arabia. the crown prince over the weekend has effectively carried out the arrest of billionaire ministers across saudi arabia. the purge in the name of a sweeping anticorruption drive brings the crown prince closer than ever to power. uncertainty for investors in the region. >> there is a sense of trepidation, the scale of what is being done. the enormity of the implication in terms of the influence. these are top names across industries that have been on the -- arrested on the business of corruption. it raises the question of whether this crown prince is moving too fast. this is a country that has historically not dealt very well with radical change. >> this crown prince, 32 years old, is consolidating power and there has been a corruption problem in saudi arabia for generations. it is impo

i'm rosalind chin, this is bloomberg.till ahead, a big day for saudi arabia's crackdown on billionaires and officials and ask what it remains -- what remains for investors. >> leaked documents show wilber ross has business links to president vladimir putin. we will discuss that with a former senior adviser to planet -- president clinton. this is bloomberg. ♪ ♪ betty: there are some brand-new revelations on ties between president trump's administration and high-level officials in russia. from an offshore law firm reportedly show commerce secretary wilbur ross still has a stake in a shipping company with ties to the russian businessmen. clinton's son-in-law -- president clinton's son-in-law as well -- president vladimir putin son-in-law's well. there's an investment or private equity. the continuing cloud over the trump administration and its officials. >> it's a drip, drip, drip, about russia everywhere you look. it's the last headline from an unexpected place that the trump administration wanted. most americans reading th

i'm rosalind chin. this is bloomberg. korea raisednk of its interest rate for the first time in six or seven years. the quarter-point hike was back up to 1.5%. analysts.recasted by it is likely a turning point for a lot of central banks across the asia-pacific are we are joined with our correspondent. steve, as we have been talking about, this was well telegraphed what were the key takeaways from the press briefing that just finished? to parse are trying the words from governor lee and seeing any kind of guidance because they have done this tightening the first time since 2011. the quarter basis point. the majority baked into the expectations. the question is, what are in the cards for 2018? say ity two hikes, some could be a shorter tightening cycle than previous cycles, because there is a ceiling on the potential growth in the economy. benignon also pretty right now. it is inching up towards 2%, but still fairly benign. i am going to run through some of the headlines in the last couple of minutes from governor lee to ge