take a listen to what he had to say to david rubenstein.im: i met with the president the next day, and you know, i would not want to say what he said because that is not the way i look at it. what i talked about was, i talked about trade and the importance of trade and how i felt that two countries trading together makes the pie larger. and that it is true, i think, undoubtedly true that not everyone has an advantage from that in either country. we have got to work on that. but i felt that tariffs were not the right approach there. i showed him some more analytical kinds of things to demonstrate why. we talked about immigration and the importance of fixing the dreamer issue now. we are only one court ruling away from catastrophic pace there. emily: as we discussed, we have seen some signals the president is moderating his stance on china, moderating his stance on a trade war, given the signals he sent about the sanctions on zte. there is a chinese delegation meeting with officials next week, and apple has not been impacted by trade tensions

[laughter] satya: says david rubenstein. [laughter] david: right, right.ya: and i thought, wow, maybe that is what i should do. then somewhere along the line, i started talking to people. and they said, hey, why would you do that? you are in tech. you should really come back. it was an amazing time because windows nt, which became what have you, was just starting out. and i subsequently went and did some combination of part-time and other courses, and actually finished my mba, which i find stunning. david: you were commuting, working, and on weekends commuting to the university of chicago. and that must've taken a lot of energy to do both. right? satya: it was crazy. david: so, you are beginning your ascent up, but dealing with some personal issues. your first child was born with cerebral palsy. he is now 21 years old. so how did you realize that was going to change your life and how have you dealt with that issue? satya: yeah, even, i was 29 years old when our son was born. and if you had even asked me maybe even an hour before he was born, what was going

new interviewhe in the new season of the david rubenstein show.s week, we turned the entire economic section to take on a massive issue. carol: the relationship between the united states and china, we know it has been deteriorating and is at risk for both. chimerica is a combo of china and america and was coined by british historian neil ferguson to express the idea of this symbolizes between the two giant economies. we have china, being high poor, and the u.s. being rich and low savings, and finding that they work together. their cheapsend goods to america, pretty jobs for millions of chinese, and while america got cheap goods, and was able to sell high-tech products into china. this is a very optimistic vision. >> it was sort of necessary. but there were problems, even back then. ended upid was it helping, among other things, the housing crisis, because it was a cheap debt that enables people to buy houses they couldn't which has global spillover effects. preceded as it was being a necessary binding, and there were hopes that things would get be

tom: tim cook in conversation with david rubenstein.june, a new season. this was hugely successful lester. i cannot say enough about the consistent week after week interviews, including with tim cook. that is coming in june. right now with first word news in new york, here is taylor riggs. china is calling on israel to exercise restraint along the border with gaza. authorities in gaza say at least 59 palestinians were killed and at least 100 wounded in clashes with israeli troops. it was the worst day of violence in gaza since 2014. the palestinian group hamas says protests will not stop. the world's biggest producer of diamonds signed a new long-term deal with debeers. the preparations for negotiations have begun. get it mutually beneficial agreement yielding positive results for both. it is a long-term agreement. we expect the relationship to be even more cemented. more than anything else, we expect consistency, reliability, dependability, and true allegiance. diamonds account for about 1/5 of botswana's gdp. the leader of the five-st

carol: watch the new interview in the new season of the david rubenstein show.in june only on bloomberg television. jason: this week, we turned the entire economic section to take on a massive issue. carol: the relationship between the united states and china, we know it has been deteriorating and there is much at risk for both. >> chimerica is a combo of china and america and was coined by british historian neil ferguson to express the idea of this symbolizes between the two giant economies. we have china, being high savings and poor, and the u.s. being rich and low savings, and finding that they work together. china would send their cheap goods to america, pretty jobs -- creating jobs for millions of chinese, and while america got cheap goods, and was able to sell high-tech products into china. this is a very optimistic vision. jason: the were coining this is something that was good for the global economy. >> it was sort of necessary. but there were problems, even back then, there were problems. what it did was it ended up helping, among other things, cause th

cook has told the david rubenstein show on bloomberg that the company will inject $350 billion into theover the next five years. >> we are investing a time in this country. in this country. yes, we will buy some of our stock, it is a good value. from a shareholder point of stock from can buy people who think it is worth less than we do, that is good for the company. it is good for the economy as well. not only that, tim cook discussed his recent meeting with president donald trump. >> i met with the president the next day. i would not want to say what he said, that is not the way i look at it. trade talked about was and the importance of trade and countries that two trading together make the pie larger. it is true i think, undoubtedly true, not everyone has been advantaged from that in either country, and we have to work on that. i felt that tariffs were not the right approach. i showed him more analytical kind of things to demonstrate why. we also talked about immigration, the importance of fixing the dreamer issue now. we are only one court ruling away from a catastrophic case. of cou

women in the workplace, marilyn houston speaks with the david rubenstein for the new episode conversations discuss her rise in the company as a woman to -- and a traditionally male-dominated history. >> where you often the only woman in the room at lockheed? >> i was. >> was at intimidating or was it a thing where you said, i can show them i am better than them? >> i think it is like any team you come into the you have to establish your credibility. recognizing that i was a different gender. i was different in that sense. after that, once you are contributing and part of the team, it was no longer a factor, for me, into my career. what i will to you that is positive is that today, 22% of our leaders are women. 24%, 25% in the workforce is women. the pipeline of women and it is not only there's only one woman in the room. we have many women in the room. we have a come -- we have come a long way. amanda: lockheed martin, i recently spoke with arianna huffington. she is inactive is too signed an open letter to world leaders this year urging them to address issues of an equity for women to whe

it is in the new season of the david rubenstein show. only on bloomberg. this is bloomberg. ♪ mr.t, what's your wifi password? wifi? wifi's ordinary. basic. do i look basic? nope! which is why i have xfinity xfi. it's super fast and you can control every device in the house. hey! let's basement. [ grunting ] and thanks to these xfi pods, the signal reaches down here too. so sophie, i have an xfi password. and it's "daditude". simple. easy. awesome. xfinity. the future of awesome. mark: i'm mark crumpton. the united nations security council is meeting to discuss deadly violence at the gaza border. ahead of the meeting, israel's ambassador said hamas should be condemned for the violence. it is said that israeli troops were defending their borders. he accused hamas militants of trying to attack under the cover of protest. casualty that has resulted from the recent violence is a victim of hamas's war crimes. they are fully the responsibility of hamas. who claimedeveryone that the u.s. embassy move is to blame for palestinian post-e -- palestinian's violence needs to look at the facts.

can watch the full interview with apple ceo tim on the david rubenstein show coming up in june.ll only be on bloomberg television. he has a lot at stake in trade with china. julia: absolutely. not just in terms of supply, but when you look at the ofgraphical split in terms where revenues are generated, growth opportunities in china are clear. again andve seen it again. they are a large seller of iphones into china compared to other rivals. he doesderstandable why not want a trade war with chinese. julia: for the chinese, if you are to go to the ceos and say that you have to make it clear to your president how painful this will become, this is where you put the phone call in. he is the one who came out and said we are going to employ these people because of tax cuts, and the president embraced that. it was a surprise and he did not expect that. maybe he will listen to tim cook. coming up, our exclusive interview with the turkish president. his prescription to fix the country's economy. that is coming up next on bloomberg economy. ♪ mom, dad, can we talk? sure. what's up, son? i c

joins with, the ceo david rubenstein and talks about defense contractors dealing with president trumps bloomberg. ♪ caroline: i am caroline hyde from the sooner than you think event right here in paris. let's check in with the bloomberg first word news. more from new york. >> north korea is preparing to blowup the nuclear weapon site. a journalist is traveling to the madness region of the can't -- of the country to witness the event. u.s. officials view it as a goodwill gesture and it would keep north korea from developing these weapons. the european commission is warning to stay on the path of fiscal responsibility. eu leaders are concerned about the radical policy platform by the alliance. keep was urged to producing the budget deficit and the debt. in las vegas, casino workers had voted any time may 31. the international entertainment operate more than half of the properties that will be affected. the companies say they are expected to agree before the deadline. and silla brush has died. secularitics, and judaism. goodbye columbus was turned into a movie. was 85.ss global news, 24

tonight, a new episode with david rubenstein. let's check on the markets that are higher. up.down and the dow is s&p 500 up 9/10 of 1%. kors down 12.5%. nasdaq is positive. london, i amom mark barton with the european close minutes away. vonnie: in new york, i am vonnie quinn. china hitting back at donald trump's plans for tariffs, saying it damages america's standing 10 days after a joint statement by the u.s. and china saying the trade talks were on hold. kevin cirilli is live at the white house. kevin: i hear china is trying to coalesce countries to push back against president trump's trade policies. the president earlier proposed a 25% tariff on $50 billion worth of goods, including imports from industrial significant technology. the final list will be published by june 15 and investment restrictions could be announced by june 30. i spoke with a sorts who talk to the white house -- source that talked to the white house and he said this is part of a broader push for the administration to take and more aggressive stance against china. wilbur ross set to visit china this

here is what she shared on the david rubenstein show. let's talk about today's situation. the north korean problem. you negotiated with them. what would you say is the chance the north and south, and the united states can come to an agreement? >> when the president on the spot accepted the invitation, i thought, what is he doing? but nothing else has worked, so why not? the tablek they set well. once kim jong-un's programs got to the place where they threatened the united states, as they have begun to do, it got china's attention that the united states might actually go to war to prevent a north korean leader from threatening the united states. i would say three things. the north koreans have a history of, when they are under sanctions and they start to bite, coming to the table and making promises, then not carrying through. second, be very cognizant of other countries' interests. japan has big interests. too quickly about removing american troops. they are stabling not just to the korean peninsula, but to the region. and never forget the nature of that regime. americanme

ceo joins david rubenstein. then friday, jerome powell meets 350tharney, the anniversary conference of the -- bank. this is bloomberg. ♪ >> live from paris, i'm caroline hyde. live from new york city, i'm vonnie quinn. the european close is 16 minutes away. shares of deutsche bank are down after reports of cutting 10,000 jobs. sweeping overhauls -- more clarification on this turnaround time tomorrow at the annual shareholder meeting. joining us right now is our finance reporter, nick. is deutsche bank thinking of erasing its employees from? >> it is important to note that in 9000-10,000 announced 2015, the pile that comes on top clear area is probably the global equities business, which they announced is under review. as far as high paid jobs going in prime finance, hedge funds. they've had a tough time in cash equities, an area which will see headcount go. vonnie: is this much more than anticipated, when you knew that he would decide some major things strategy wise? ick: we didn't have a number not and the bank

>> great news if you are david rubenstein.he can raise why can't other people raise money? >> one way to look at it is -- david: i am a glass half empty guy. >> from the private equity business, they are having a lot of people come to them and this sort of market clearly is favoring the incumbents in a lot of ways. that is large is because it grew carlisle,p like they have built these machines that can ingest, as it were, huge chunks of money. and the big sovereigns, the public pensions, the endowments, they want to put money to work with fewer managers. you said a striking because i do not consider them private equity firms. they are wealth managers that happened have a p.e. side. so when we saw him trying to get into direct lending, we were thinking do have to go to businesses more risky and how do you manage that? >> a lot of what the big firms have been doing is bringing in big chunks of capital. david blitzer has a group that is able to deploy lots of capital, depending on where the opportunities are, not just private equ

>> the man -- the suspect's name is jack rubenstein, i believe. ruby. >> and here at associated press, a still picture of the moment, the splint second as the shot was fired. this is the man dallas police have identified as jack rubenstein and this of course is lee harvey oswald. you see the gun in the hand of ruby and just about to be fired. >> i know my own feelings were and i think they were widely shared by many, if not most americans. this can't be coincidental. the assassin is assassinated in the police station. what in the hell is going on? >> just learned from city hall from an authoritative source, that police are working on the assumption that there, indeed, a connection between jack ruby and lee oswald. and that in some manner of speaking, oswald's murder was to shut him up. >> captain fritz has just told me that ruby said he did it, that it was his gun and that he had built up a tremendous grievance over the death of the president. >> in jack ruby's small mind, he thought he would be a hero. he killed the guy who killed the president.

in an interview for the david rubenstein show, apple ceo tim cook shared what he told president trumpite house meeting. >> i talked about trade and the importance of a trade and how i felt that two countries trading together make the pie larger. true --, it's undoubtably true that not everyone has been advantaged from that in either country. we've got to work on that. tariffs were not the right approach there. ♪ >> the bond rout getting worse. the 10 year yield hitting its highest level since 2011 and the your 30 year yield knocking on the door of 3.25%. >> i think there was an underlying bearish sentiment and they were looking for a reason to sell off. a combination of a bunch of rings and it seems like the market was ready to sell. you couldn't break through toward a rally, and you have all the shorts in the market. it just seemed like it was time. ♪ >> north korea has canceled wednesday's high-level talks with the south. that put next months summit with president trump in doubt. calling the exercises a deliberate provocation. has the him thinks he upper hand more. each side is tryi

jessica: you can watch the full interview in the new season of the david rubenstein show, peer-to-peerions june only on bloomberg television. global news 24 hours a day online and on twitter, powered by more than 2700 journalists and analysts. i'm jessica summers. this is bloomberg. haidi: thank you for that. let's get a quick update on the market. we are setting up for a bit of a lower open across asia. we have the bond tantrum, if you will, overnight in the u.s. market and treasury markets. that is bringing sentiment to the equity market. futures in australia, setting up with a negative trading already underway in new zealand. sydney futures looking marginally lower. the aussie dollar. the bloomberg dollar index hitting its highest for 2018. the japanese yen could provide a little bit of a lift when it comes to tokyo trading when that gets underway even we have had the weakness in the yen, and coming ahead of japan's gdp. as well as expected to see a little bit of moderation in that streak of economic growth. the u.s. 10 year yield, a major catalyst. 3.07%. advertising 3.09%. a lot o

rod rubenstein, not only do they help them justify firing comey. he gave them the comey memos.hat do you mean stonewalled? spaces >> jesse: they asked abot peter strzok. they've asked about uranium one and got no answers. they have asked to see the dossier and the fisa applicatio application. it's not in the weeds. it's what began a lot of these investigation. >> juan: i tell you it's an effort by trump acolytes to try to undermine the standing of the justice department, fbi, and that's a tragedy. talk about thinking in the best interests of the country, that's not in the best interests of the country. >> jesse: i would argue that if the mueller investigation is looking in russia collusion, he hasn't asked for a server from the dnc. hasn't asked for john podesta's server, hasn't asked about the payments made to christopher steele and the payments were hidden. i think there's a lot of collusion on the other side. if you want to look into that, he can. >> kimberly: there is some frustration here but i think in terms of the comments by rudy giuliani that there's a real sense of ca

shery: coming up later, don't peer withcial peer to david rubenstein.ansition of the president of the united states, donald trump set -- sent out a tweet saying your biggest product, the f-35, was too expensive. so you did give him a discount? >> we drove the price down. we got the deal done. we did it in an accelerated fashion. he definitely had an influence. shery: catch the full interview tonight at nine clock p.m. eastern. this is bloomberg. ♪ this is bloomberg. ♪ ♪ shery: this is "bloomberg markets: balance of power." i'm shery ahn. david: i'm david westin. breaking news. a new york federal judge has ruled that president trump cannot block users from his twitter feed. the first violates amendment as his twitter feed is a public forum. the first amendment says the government cannot curtail speech. it is saying basically donald trump is part of the government so if people want to express their views on twitter, it's ok. it is not one he stopped once he became president. it is one he had before. he stayed with it. once he became president, it becomes

watch the full version of that interview with apple's ceo tim cook in the new season of the david rubensteinhow, "peer to peer" on bloomberg television. that is your bloomberg business flash. guy: the market is not paying that much attention, but north korea has threatened to walk with from next month's meeting with president donald trump if the u.s. made a "one-sided demand" for the regime to surrender nuclear weapons. let's get more on this story with our asian government reporter. david, is this a set up? is this the language you would expect, expectation management in advance of such a big meeting? you don't want to walk in with expectations so high that you will fully denuclearize the peninsula? part of the whole thing is that the north koreans are worried donald trump going to walk into that summit in singapore and his expectations are going to be disappointed, this national got security adviser, john bolton, who is continually talking about -- "libya model" the model and as we saw with libya, more or less packed up its entire --lear program and shifted shift it to the united states af

: you can watch the full version of that interview with tim cook in the new season of the david rubenstein coming next month only on bloomberg television. that is your bloomberg business flash. na: japan's economy shrank for the first time in two years, during the first quarter of 2018. the contraction was more than -- related tod fly private consumption and a surprise a slowing in business spending. james joins us from tokyo. talk to us about business and private consumption. james: two main factors are driving this contraction, much larger than we expected. private consumption was flat. it did not expand since december. there was a lot of bad weather in japan in the first quarter. led to private consumption to be flat. there was a big fall off for phone demand. the new iphone came out in the fourth quarter of last year. people who wanted to buy new need to buy them again in the first quarter of this year. that was why private consumption was flat. the big surprise was the falloff in business spending and investment. there was a very small expansion in exports, expansion exports from 2% t

you can watch that full interview with the new season of the david rubenstein show, coming only on bloomberg television. coming up in a bloomberg exclusive, turkey's president makes the case for control over monetary policy. we are bringing his market moving comments next. this is bloomberg. ♪ scarlet: "what'd you miss?" president erdogan plans to tighten monetary policy if he wins an election next month. he explained to our bloomberg reporter why the monetary policy decision should go to him. now, first of all, you are the head of the state. when the people fall into difficulties because of monetary policies, who are they going to hold accountable? they will hold the president accountable. give off the image of a president who is influential on monetary policies. : so you will play a role in monetary policy going forward? is that the big change? yes, this may make some uncomfortable, but we have to do it, because those who rule the state are accountable to the citizens. reporter: you hold very unorthodox views of monetary policy, from an outsider's view. greater role, it will be on a differ

david rubenstein is a cofounder of the carlyle group and the current president of the economic club. he moderated the hour-long discussion. [inaudible conversations] >> can have your attention, please. can everybody you meet your attention, please. thank you. thank you. everybody, please continue eating eat very, very quietly. this is being televised on c-span and so we do want any extraneous noise, so thank you very much. two announcement i should abate earlier. one of our event sponsors the united banks rick, thank you very much. [applause] and our new member breakfast is next tuesday april the tenth at the intercontinental hotel, and please, members were interest in attending, you're welcome. let me introduce our distinguished panel. to my immediate left, paul rothman. paul is the ceo of johns hopkins medicine. is also the dean of the johns hopkins medical school, a native of queens. he went to undergraduate at mit where he was not only a star student but also captain of the crew team. yes, then went to yale medical school where he also coached the team at yale and when he got his

david rubenstein is a cofounder of the carlyle group and the current president of the economic club. he moderated the hour-long discussion. [inaudible conversations] >> can have your attention, please. can everybody you meet your attention, please. thank you. thank you. everybody, please continue eating eat very, very quietly. this is being televised on c-span and so we do want any extraneous noise, so thank you very much. two announcement i should abate earlier. one o

. >> you can watch the full interview on the new season of the david rubenstein show in june only onelevision. foreign ministers from the u.k., france, and germany met to discuss how to save the iran nuclear deal now that the u.s. is pulling out. three are signatories to the accord and want to protect it despite president trump's decision. washington has imposed sanctions on the head of the iranian bank and threatening measures against any ally doing business with tehran. global news 24 hours a day on air and on tictoc on twitter powered by more than 2700 journalists and analysts in more than 120 countries. i am paul allen. bloomberg. haidi: thank you for that. coming up, zte is a bargaining a former until executive. he will tell us why. this is bloomberg. ♪ this is bloomberg. ♪ rishaad: we are back. this is "bloomberg markets: asia." i am rishaad salamat. haidi: i am haidi lun. political pressure building on president trump after his about but intel's former executive says it is part of a bigger trade story. this is great news, and not only for zte, but the thee industry, and even g

my deputy, david rubenstein jokingly said i should call the book, only if he had listened to me. that is not true. on inflation, carter, before anyone else, april of 77, gave first o anti-inflation speech. let's take your questions very important. the shah wanted to be admitted for medical treatment. finally disclosing he had cancer. all of his advisors, including mondale, said, you can't turn your back on an ally of 30 years. outside henry kissinger and david y rockefeller organized, organized a real pr effort to put pressure on carter to do so. carter sat there, he was the last holdout, he said to them, to every one, i think that if i let him in, that they will take over our embassy. what do we do then? in the end he finally conceded. by the way it turned out he could have been treated by doctors inut houston, in mexico, the same way he would have been treated there. so, he was the last holdout. he instinctively understood what would happen. and there is also one other thing. t you know when reagan came in and there was a bombing in beirut, we lost 240 troops. >> right. >> regg

that is coming up in the latest edition of david rubenstein's peer-to-peer conversations.is is bloomberg. ♪ >> live from new york, i'm abigail doolittle. we are diving into the futures market to the charts, and we are going to cross asset class today to see how that analysis trade and s&p 500. after the risk off sparked by political uncertainty in europe come the we see investors are reassessing the action today with a rebound rally for stocks and a pullback for bonds. in fact, the reverse of yesterday's trading session when stocks dropped and bonds rallied. but the year yield dropped in a big way, today we see a higher anwe are iersely the yield. d very adjusting about yesterday's trading action, the yen was much stronger than stocks. take a look at the chart, you can view the chart using the function. we are looking at blue, the 10 year yield, white is s&p 500 going into the brexit. on brexit, a huge haven bid. 10 year yields dropped and the days.0 shed 5% in two yesterday we had the equivalent drop for the 10 year yield, but the s&p 500 dropped 1%, so one question could

. >> there is a book called the day the papers, something or other by professor rubenstein.here is a whole book on the pentagon papers case. it was written somewhat more recently. mine was a lawyers look. this was an on the ground, what was happening viewpoint. i think if you read either one of them, you will get a very good sense of it. >> let's listen to have president nixon and j edgar hoover reacted to this. >> i wanted to tell you that i was so damn mad when that supreme court, did not like their decision. that was unbelievable, wasn't it? >> it was. to make those clowns we have on there, i hope i outlive the baskets. connect me to. >> we have to change our court.:there's no question about that. i thought what the possibility of five-for. is >> i thought we ought to get white, what's the matter with him? then the other one, what the hell is the matter with stewart? >> stewart is a wishy-washy individual. he switches from one side to the other. >> it's interesting to hear the presidents thoughts. what your reaction? >> is very predictable listening to various tapes of ri

today on bloomberg tv, we talk to lucky barton -- to lockheed martin's , speaking onve "the david rubenstein tonight in new york and at 2:00 a.m. in london. this is bloomberg. ♪ 45 minutes, newly 46 past the hour. i'm guy johnson, in for tom keene. francine lacqua. trouble continues as the turkish lira has hit fresh all-time lows against the dollar, euro, and yen. the human heart rejoices from a stumble -- benjamin harvey joins from theis temple -- stumble -- from istanbul. we seem to be in the midst of a currency crisis right now. the lira dropped more than 5%. that is the biggest decline in more than a decade, bigger even the in the aftermath of 2016 coup attempt. guy: the market is pushing for rate rises. what would satisfy the market at this point? you were here last week will we talked to the president. he seems to be indicating the rate would go lower. a 400, 500 point te hike taken off the table. guest: the central bank has always been under immense political pressure, but when the market forces eventually come in some of a have done 500 point hikes in the past. the central bank has e

the student whose name is emily rubenstein said, quote, it's like the front lines of a war. being seated in the front of the classroom could be what makes you live and what makes you die. it's not just high schoolers who think this way. it was my 6-year-old granddaughter who came home and told her mom recently that she had been warned that if there is a shooter in the school -- she is a first grader. if there is a shooter in the school, stay away from the windows and get down on the floor as quickly as possible. is there any sane person in america who thinks our kids should be going through this? is there any sane person in america who believes that this is expected by the second amendment to our bill of rights? let's be clear -- addressing our nation's epidemic of gun violence and school shootings should be a top priority. about 300 americans are shot every day and a third of them fatally. gun violence is a public health crisis. it is traumatizing an entire generation of america's kids. in recent weeks, students across the country have marched in the streets, walked out of

version of that interview with apple ceo tim cook in new season --the david and slideshow david rubensteinming only on bloomberg television. this is bloomberg. francine: thank you so much. italian 10 year yields are moving higher. the league leader says the two populist parties are close to reaching a deal, but haven't yet found a balance between their policy platforms. ours get more with correspondent. there is also a new report saying that the league and the rethink oflso urge a the eu government. it seems like a lot of things are all over the place. what do we know is in this common platform so far? well, as you say, it is all over the place. the thing worrying the markets is that some of these factors of the past are coming back. there is a concern that they may be going back to renegotiating treaties. they have said it all along, but it is worrying it is coming out again. we are not exactly sure what is in the program. they have said that it is going to be what they promised voters, so pension reform, citizens income of some type, help for some poor, flat tax. it's all in there, but w