tom first impression? you see him walk in. >> he had long-ish, blond hair, sort of combed back in a double breasted blue razor blazer on. he looked like something off of the captains union. but very pompous. i don't know. he seemed fake to me. >>reporter: that night, beth's brother kept asking tom toolan what he did for a living. and he couldn't really tell me. what he did. oh, i'm an investor. and i said, what do you invest in? he couldn't really give me an answer. beth's brother says that he was drinking during dinner but not to access. >>reporter: afterwards, tom toolan and beth headed back to his apartment. beth told friends that something shopping happened. she had seen him drunk or angry, but she never saw her new boyfriend like this. >> he put her into a headlock and was walking down the street saying, i want to be your head in. she shared with me, i went back to the apartment to get my cell phone in palm pilot, and i wonder if i should've just left us left behind and left at that moment. >>reporter

tom: thank you.nd law and financial services lawyer joining us with the reshaping of global trade impacts across the gender divide. this is bloomberg. ♪ ♪ tom: good morning, this is bloomberg daybreak: europe in london. chinese stocks trade flat as investors look ahead to a key reading. policymakers emphasized data is key to make cuts. converting -- shepherding a shutdown as mitch mcconnell announces he will step down after november's election. let's check in on markets. the pce gauge is coming out later in the day and to what extent this informs us. ftse 100 and iron ore is up. the s&p is above 5000. nasdaq futures are flat. u.s. futures are looking for direction. let's look at treasuries in focus. 6/10 of a percent with officials suggesting they are getting closer to ending the negative rate. just one basis points. bitcoin up 4.4%. the rally continues and we will get more details in the next few moments. the securities and exchange commission is investigating with ai. the regulator is studying comm

tom: thank you very much. she seven leaders are set to reaffirm their support for ukraine and call on russia to completely and unconditionally withdraw its military forces from ukraine. that's according to a draft statement seen by bloomberg. roslyn madison joins us for the details. give us an update. good morning. where does support lie across the g7 and what could that look like? >> we are coming up to the war entering its third year tomorrow. you are seeing strong statements of support come out, this rhetoric from the group of seven in particular. these are european countries that have strongly supported rain throughout, alongside the u.s.. you are seeing leaders say, we are going to stand with ukraine into the third year of the war. emmanuel macron saying that he wants to gather leaders next week in paris to talk about how they can expand the aid that's going to ukraine to get the imf saying, maybe they will finally unlock the $900 million in aid for ukraine. the elephant in the room is that the u.s. is no

tom: good morning, this is "bloomberg daybreak: europe" i'm tom mackenzie in london. stocks in asia in a holding pattern as markets look ahead to growth and inflation data due this week. u.s. and european futures pointing lower. congressional leaders meet president biden as efforts to avoid another government shutdown ramp up. apple shares again as bloomberg reveals the tech giant is ditching efforts to build an electric car, as it pivots towards ai and mixed reality headsets. let's check on these markets. there is a bit of a holding pattern. bit of a mixed picture. you want the detail on the inflation story of the u.s. on thursday with personal consumption expenditures, the pce, the favored gauge of the fed and then gdp today out of the u.s. we will see if the revisions change the picture with 3.3% currently on the board for the most recent quarter out of the u.s. modest gains on wall street yesterday for the s&p, ending higher 0.2%. still in the green for europe. we will see how that evolves today. currently european futures pointing lower a little over 0.1%. if is

that's golo.com. ♪ tom: this is bloomberg, i'm tom mackenzie.ncern among allies by suggesting he could abandon nato members in the face of a russian invasion. israel conducts strikes in southern gaza as biden urges netanyahu to shield civilians. iran signals a diplomatic solution moving closer and equity futures are higher following muted trading in asia with markets shut for lunar new year. a preview of u.s. inflation data. european futures are looking to build on three weeks of gains. futures higher across the european space, up 2/10 of a percent. ftse 100 futures looking to add 2/10 of a percent. inflation data out of the u.k. this week and waiting to hear from andrew bailey to see if he has changed rhetoric around the first cuts. s&p futures are flat, looking for momentum and waiting for the cpi print. nasdaq futures are down. 18,000. the s&p broke through the 5000 level on friday. let's look at the oil space. euro-dollar, a gain of a 10th of a percent. of for sterling. bitcoin close to posting the strongest streak in a year as inflows conti

tom: rosalind matheson.nk you for the context on that interview and what it tells us about what the russian president is thinking as this conflict grinds on. president biden has called israel's military campaign in gaza over the top. biden announced he is seeking a sustained pause in the fighting to help palestinian civilians. let's get more from bloomberg's dana grayish who is in dubai. the white house, these were frank comments from a key ally for israel. dana: indeed, this is an escalation of the criticism of netanyahu as israel prepares for the next phase of its operation in gaza directed at rafah which is a border region with egypt. that is likely to be problematic given that hundreds of thousands of palestinians have fled to that area. as instructed by the israeli government during the early weeks of the war. biden expressed concern about those operations, saying he would not support any offensive that does not take into account civilian casualties. this is underscoring rising tensions between israel a

tom: there's a u.s.essional review into your business, your dealings with some of your partners in china. can you give us an update on how that review is unfolding and the impact on the business? >> absolutely. this is actually us selling standard software and control systems to chinese manufacturers. they are the biggest in the world. they are selling to different parts of the world. one u.s. harbor bought the cranes. after that, homeland security asked us for some information regarding software. of course, we take the request seriously. but we are not really selling chinese things into u.s.. it's more standard software to all crane manufacturers in the world. tom: are you seeing an impact from the red sea disruptions on the business? >> you know, during quite some years, we've been trying to be regionalized. needing to strengthen our business in the different regions. we are quite self-sufficient in asia, europe, and u.s. there's not that much goods being moved between the different areas. so far, it h

tom: what about these talks in cairo?srael pulled out and said the demands including the release of all prisoners held by israel and the removal of israeli troops are not the kind of measures israel is willing to take. >> it is not looking so good. israel said they were pulling out of negotiations where the u.s., the qataris, egyptians and hamas leaders are in cairo to come to a compromise over a cease-fire. israel is calling to demands delusional. i hamas wants a cease-fire that would see the withdrawal of troops from gaza and the release of presidents. even the prospect seems distant, given israel's intent to go ahead with the rafah operation. so yeah. tom: for regional security and tensions, the spotlight had for long been what is happening with hezbollah on the lebanese border. already we at the tipping point given that it seems the fight between those two sides has stepped up in the last 12 hours or so? >> it felt like we were at the tipping point yesterday. we saw the attack from lebanon into an israeli town that ha

tom: from the u.s. side, and officials reiterating they do not want to be pulled into a prolonged conflict in the region. at where to the risks of that stand right now? >> the risk is the u.s. getting pulled into this wider conflict in the region as iran tries to play out this asymmetrical warfare everywhere else, so they are striking iraq, syria, the houthis, that is yemen, so the risk remains of the u.s. is going to get pulled into this despite the fact that u.s. officials are saying this is not the game and nothing target -- aim and not the target. the market seems relaxed as long as the u.s. does not target anything inside iran that drags iran into a direct conflict the u.s. there is a robust supply in the market for oil, and the dominant impact would definitely be a potential or possible cease-fire between israel and hamas. tom: thank you very much. coming up, we will be hearing from the founder of women in mining in kenya. a major conference on africa mining kicks off in cape town, south africa. i

tom: thank you very much on a cruci tom: good morning, this is bloomberg daybreak: europe, i'm tom mackenzielondon. these are the stories is that your agenda. ubs fourth-quarter net loss comes in higher than expected. the swiss lender will resume buybacks of up to $1 billion this year. australia's central bank holds but does not call out further hikes. treasuries pair losses after a two day route falling a stronger u.s. services gauge while the fed speakers pour cold water on a march rate cut. chinese markets or amid promise of more support from beijing. president xi is set to be debriefed on the stock ruptures. it is another big greek -- big week for earnings. first quarter revenue coming through for the german listed chipmaker with a big focus on supplies to the auto sector. let's start with for your revenue coming in at 15.5 billion to 16.5 billion. this is what they expect to see. four-year revenues coming in. the estimate had been for around 60.8 billion euros. four-year revenues up between 15.5 billion euros to 16.5 billion euros. the top end is slightly below the estimates. on the qua

tom: it's really fascinating.ow much of this is about ultimately energy for india and what deals and agreements could be signed by the leadership of the two nations in the days and hours ahead? >> energy is a big part of the discussion that is there and we can expect some announcements and energy. we expect big announcements and i expect big announcements and investments coming into india. also we expect big announcements in the india middle east economy, which is the alternate trade route to the maritime route that passes through the suez canal. you know where shipping is under threat right now. so broadly these four areas are what we are beginning to hear from on the indian side is where we could see progress being made in the next couple of hours. tom: we look for details on those potential deals. thank you very much. how -- our government reporter in new delhi. the importance of that uae/india relationship. we will hear from aston martin's executive chair. the luxury carmakers debt plans and new vehicles that

tom: with the update from that region. in the day ahead, a couple of other items to flag, put it in your agenda and calendar. touch on the retail space, 7:00 a.m. u.k. time, we will bring those to you. u.s. goods orders are expected at around 1:00 p.m. u.k. time on a big week for u.s. data. then when it comes for the semiconductor space, asm international earnings, 5:00 p.m. u.k. time they will be crossing. bring those to you on the context. our markets guess from rbc wealth management will be joining us next. we will be delving into the views around with the fed goes next, inflation story, and also why president xi is constructive on japanese equity. stay with us. this is bloomberg. ♪ tom: welcome back to bloomberg daybreak: europe. happy tuesday. underlying inflation in the u.s. probably the most any year as the feds prefer highlighting the long and bumpy path to taming price pressures. let's bring it into this plane, the head of investment strategy for rbc wealth management in the british isles. good morning, thank you

i want to say tom suozzi is a great candidate. he worked his butt off, involved the grass roots which allowed tens of thousands of people from all over the country to become integrated into his campaign. tom ran a great race. he brought incredible intensity. he knew how important this was for new york, new york democrats who had been struggling in recent years. this is just like the wins we had in florida in jacksonville and this house district we won in orlando, tom keen, a few weeks ago. democrats have started repairing the damage done in recent elections. we just did a lot of repairing tonight in new york, and i think it's going to make a lot of new yorkers really happy. >> joininguts now senior national political reporter for nbc news at tom suozzi's headquarters. what is the situation there now? >> reporter: lawrence, you can hear the cheering behind me at the watch party. they're feeling very good watching the returns come in. the queens numbers came in exceptionally strong. he did 20 points better nan the candidate in 2022

i am tom mackenzie in london.s are as authorities ramp up efforts to revive investor confidence. on wall street stocks retreat , ahead of nvidia's pivotal earnings report. some investors bet the next u.s. rate move could be up rather than down. hsbc falls in hong kong as it takes a 3 billion-dollar hit from an investment in china. ceo noel quinn downplayed the charge. noel: that has no impact on our capital position of any significance. it does not prohibit distribution because it is noncapital impactful. tom: let's check in on these markets. european futures .2 very modest gains after the selling yesterday, the nice hand over from asia, of course, and you see the msci asia pacific up about 0.1%. the ftse 100 currently down. s&p futures .2 losses about 1/10 of a percent, some profit taking yesterday arguably. the drumroll starts ahead of those nvidia earnings. let's flip the board and have a look at the asian session. we have seen that strength come through on the mainland and in hong kong, a bit more support comi

tom? tom: thank you very much indeed for the latest on these asian markets. the read across from the apple earnings, disappointment coming through from the china sales picture for apple. let's get to the meta-story. surging after topping analyst expectations for profit and revenue and saying it would start paying shareholders a dividend for the first time. amazon also shot up after beating estimates. apple rained on the parade of otherwise positive tech earnings after weeks sales in china overshadowed better iphone numbers. joining me for the analysis, robert lee from bloomberg intelligence. what did this week's results mean for the magnificent seven as we wrap them together at the end of this week? >> great question. i suppose the standout for me this week has been microsoft. as i said previously it's a broadly spread business. it has exposure to the right areas. it has number two ranked cloud business which continues to grow strongly. have obviously got their stake in openai so that gives them a deeper more meaningful exposure to growth potential in ai. it

tom: fortescue ceo joining us.ng to expand the footprint in that market with the potential iron ore net. let's check back into what's happening with japan, a historic day because you're getting back above those 1989 levels. a fresh record for the first time in three decades for japanese stocks. that's the foreign flow. a lot of that has been motivated by asset managers pivoting from china to japan. yes, there's a corporate government story, the yen story, and then there's the question of an economy that is out of its deflationary funk. in terms of size and scope. japanese markets, the nikkei is up 16% year to date. it's up 44% over the last 12 months. 34 years ago the japanese stocks , more than the u.s., when it comes to questions about valuation, here's something worth reflecting on. even after this rally, 37% of nikkei members are trading below their book value. 37% compares to 3% in the u.s. on the s&p. the strength coming through on the japanese market, historic day is a breakthrough that record for the first

this is bloomberg. ♪ tom: the u.s. has failed to pass a 17.6 billion dollar israel aid package. the funding has become tied up in a prolonged political battle over ukraine war in border policies. president joe biden threatened to veto the matter because it did not include funds leaving most democrats to oppose it. saudi arabia says there will be note the blue maddock ties with israel and in less what it calls the aggression against gaza is stopped. this as qatar's says it has had a positive response with hamas on a potential hostage release deal in exchange for a cease-fire in gaza. i'm joined by dana with the latest. where are we on these crucial negotiations? >> on the hostage front, qatar said it received what are called an overall positive response from hamas on framework to an agreement to release the israeli hostages held in gaza. in a permanent cease-fire in gaza. there were a few remarks from the group as qatar has said, but we saw president biden saying that those remarks were a little over-the-top. we don't k

despite all the attacks, despite all the lies about tom suozzi and the squad, [laughter] about tom suozzi being the godfather of the migrant crisis, about sanctuary suozzi, despite the dirty tricks, despite the vaunted national county republican machine, we won! [applause] >> we love you! >> i have no audio. >> suozzi! suozzi! >> i love america! [applause] this race was fun, amidst a closely divided electorate. much like our whole country. this race was centered on immigration and the economy, much like the issues all across our country. we won this race, we, you, won this race. [applause] >> because we address the issues, and we found a way to bind our divisions. [applause] what we just saw with the protest tonight, there are divisions in our country, where people can't even talk to each other. all they can do is yell and scream at each other. and that is not the answer to the problem we face in our country. the answer is to try to bring people of goodwill together to try and find that common ground. [applause] we won this campaign because the people of queens and long island [applause]

tom suozzi as the winner.jecting that tom suozzi has one, or will win, new york's third congressional district. let's go back to steve kornacki at the big board. >> yeah, lowers, we were saying it without saying it i think a few months ago, and but basically what we were talking about is what just happened. we were waiting to get another update from nasa county that would incorporate more of that election day vote, the vote we figure is the most republican friendly. we just got another batch, we were sitting at 45% counted and nassau county before, now it's up almost 60, with the batch just came in about two minutes ago. you can see suozzi's lead earlier here was a little higher, it was 15. now it's come down to just a shade over ten pins points. -- vote in four, suozzi two for suozzi to be ten points ahead in the nassau county portion, which is the overwhelming share, for him to be ahead by ten points right now, democrat leading by ten, put that in perspective. in the section of the district, the nassau count

i am tom mackenzie. asian stocks in as japan drives toward a record well consumer rebound hopes ramp up in china. atlanta fed president raphael bostic which is back on red cuts amid mixed u.s. data. markets await u.s. producer prices do later today. president biden warns israel it must protective against as it readies an assault on the crowded city and gaza of rafah. switching focus to look at the reinsurance giant of swiss franc, four your return equity of 22.3% below estimates of 23.3%. we are looking for details on the dividend. we know as well the north atlantic hurricane season was less destructive than had been expected, so we are looking at the top i net income, there it is, 3.2 one billion coming in slightly below estimates. net income for the full year coming in below targets. a little below the estimates from the street of 3.2 3 billion. those are the key lines coming through from the insurer, and we will be speaking to the executive later on markets today . return on equity, 22.3% versus estim

tom: you know what? watches it because obviously she can take it if she sees people making fun of her all the time. i would be more interested than people taking watching msnbc or something like that. i know fox is always ahead in the ratings but i think they undercount the rateings because i think there are a lot of people watching fox who don't even admit it and we don't know how big the audience is >> greg: true. >> tom: i think it's very interesting and she wants to he ever i don't come this. that's why she doesn't stop. she has been a national joke since the beginning and she softened on, it's gotten worse, and she makes less sense and i think she thinks, i'm going to go out there and do this, i can overcome this aand can't. so she's going to keep it up. >> just digging that whole deeper and deeper mollie so what do you think. i don't want you to get a big head about it but it's a really funny good show which is the reason so many people are watching it. the er on inning this is nobody's talking abo

tom: bloomberg's patrick sykes. thank you.ing up, tensions boil over between ethiopia and somalia at the african union summit. more on that story next. stay with us. this is bloomberg. ♪ tom: welcome back to bloomberg daybreak: europe. dubai international passenger numbers surged year on year in 2023, surpassing pre-pandemic levels. paul griffis, the dubai airport cfo spoke to bloomberg about how he plans to save time for passengers. >> what we do is invest very intelligently in new technology, because airport infrastructure is very expensive and quite difficult to build, particularly on a constrained site such as dsp. without building anything, if you can actually double the rate of capacity throughput, you have doubled the capacity of the overall airport. that is a very intelligent way because of course i have not met a single customer over the years i've been in the business that actually wants to spend more time at an airport. usually they interface with the product if it is efficient and quick, that wins a small plot and'

tom: so benefiting at least for now.ed about the freight rates, not to pandemic levels, but 300% is clearly not insignificant. what is the expectation around where those freight rates go from here? >> our base case scenario is for freight rates to normalize and go lower from here. it all boils down to supply and demand at the end of the day. when you look at the demand picture and consumers across the globe are hit with inflation, with lower disposable incomes, a recession is also very much a risk. maybe less so in the u.s., but the recession has been increasing in europe in the last six months. on the demand side, there is an uncertain outlook. on the supply side of the equation it is pretty negative. when you look at what companies, container ship companies did during the pandemic with the record profits i got, if they went out and ordered new ships come of those take 2-3 years to be built. so it -- we expect a net increase in supply of ships to about a percent or 9% this year alone. if the demand side of the equation

and that tom suozzi helped pass with us. because of leadership of president biden and vice president harris we have created 14.8 million jobs throughout the country. inflation is cooling. and wages are rising. we know that there is more work to do to ensure that everybody feels in that economic success and we are build ago resilient economy that -- building a resilient economy that works for everyone. we are excited to see this result. we are excited to see around the country the benefit that those pieces of legislation provide. there is no doubt that we continue to put people over politics. we always have and we always will. we welcome back tom suozzi who will do just that. with that i'll introduce the vice chair of the house democratic caucus, ted lieu. mr. lieu: thank you, chairman aguilar. this year started off with a series of great economic reports. consumer sentiment is up. wages are up. we had a blowout jobs report last night. far above expectations. the dow jones is about 38,000. if you have a retirement account, or

tom suozzi included.f the republicans, mike johnson, people in louisiana if you think that mike johnson is not doing it right. you can vote him out. just letting you know. i think that to this point the great day that while just made. they did not try to convince voters that crime was going down. he heard the concerns, and address that. >> this is such a big point! >> this is a thing. this is what i think that democratic campaigns across the country need to do. this is where i think this applies across the board. you can spend the next you know, now until october because it's really october when the only voting starts. you can spend the time between now and october trying to convince voters that the economy is very good. trying to convince voters given all the things that joe biden and the democrats have done. and if you want to be right that's where you should spend your time and money doing. but if you would like to when you need to hear the concerns that the voters are putting forth and put forward a s

tom suozzi included.hnson, people in louisiana if you think that mike johnson is not doing it right. you can vote him out. just letting you know. i think that to this point the great day that while just made. they did not try to convince voters that crime was going down. he heard the concerns, and address that. >> this is such a big point! >> this is a thing. this is what i think that democratic campaigns across the country need to do. this is where i think this applies across the board. you can spend the next you know, now until october because it's really october when the only voting starts. you can spend the time between now and october trying to convince voters that the economy is very good. trying to convince voters given all the things that joe biden and the democrats have done. and if you want to be right that's where you should spend your time and money doing. but if you would like to when you need to hear the concerns that the voters are putting forth and put forward a solution. housing is a big

>> thank you, tom, for being here. and it is a critical issue in a world where technology advances ever so much faster. i'd like to think of the site committee as the fund committee because it's about the future. a lot of times in congress we argue about things, five minutes or 50 minutes sometimes five hours if we are forward focus. the site committee is about the future. our workforce and our technology force is absolutely critical, making more investments to the national science foundation, making sure the research institutions have the resources they need. it's just absolutely important. i that constituents occasionally tell me in town hall meetings and to do a lot of those why worry about that? corporate america is going to do this into that, and my response is it's the universities in this country that produce the bachelors and in the mastere phds. we need, we use those institutions to develop this group of scientists and technologists, then the rest of the common benefits from. the chinese have figured that out.

tom, always great to get your insight, tom i great to get your insight, tom bateman live in washingtont secretary steve barclay. we were talking about the advice offered by senior civil servants in the us, uk and europe. talk about the us, uk and europe. talk about the role they play in advising ministers and presidents and prime ministers, and there allegation in this letter that this advice is simply not be heated. it�*s simply not be heated. it's incredibly _ simply not be heated. it�*s incredibly difficult situation where you have the mechanics of government, if you like, the civil servants at all it the political direction of the government —— at odds. and i think that�*s clearly what we are seeing now when it comes to this conflict. this is unlike perhaps the russian invasion of ukraine, where there was a clear aggressor, a clear understanding of who was in the wrong. i think in this case, it�*s far more blurred than that, and i think a lot of people within government, senior people, military advisers, national security advisers are looking at the situation and saying that israel

tom: is this smooth sailing?ch on the different makeup, in terms of customers, that the company's head. there is a different picture in terms of the customer makeup. the potential hurdles when it comes to regulation. kriti: there is a nuance in the mergers and acquisitions, the law you have to pass for regulators is that it cannot be good for the business, it has to be good for consumers. their concern is fees can be marked up similar to what you see in other credit card companies. think of jpmorgan chase, or any other credit card provider. the concern is discover a has a massive student loan business. you are hooking that to one of the largest banks in the country, that creates an issue at a time when not only is there scrutiny on the loan business, but student loans in the united states. that's where you see the hiccup. that being said, for discover and capital one, this could be a solution to problems that both companies have had individually. tom: thank you for breaking down a 35 billion dollars deal in the c

tom: that is interesting. positive input coming in from inflation through the margins for corporations. is it all about, clearly it is not just ai but there is a temptation to focus on that catalyst for these markets. how are you decoding the ai inputs in terms of the rally? what do you think the next catalyst could be in the days and weeks ahead as we look at the data? gina: i think it is a good point. it is easy to get overly enthusiastic about what is going on with ai, considering what we get out of and nvidia and the beat in the tech sectary and communications stocks that are levered to that theme. if you look at the s&p 500, a couple interesting things stood out. even though nvidia was the headline driving beat of the week, we saw more than 50% of s&p 500 industrial stocks making new highs last week. similar, more than 40% of financials were making new highs . health care are starting to break out. the bigger story is, certainly ai is leading the charge but there are some followers and catch up themes whe

tom suozzi, 87.. >> of the >> seven machines here that tell a similar clare story, jake, so you can see the election day vote breaking, at least here in coral place from these two machines, heavily for mazi pilip all right, john berman, fascinating stuff. and let's bring you the key race alert right now, because we have actual votes coming in. let's take a look with 6% of the estimated vote and tom suozzi, the democrat, has 65.1% of the vote masih pilip, republican has 34.9% of the vote. tom suozzi was 7,586 votes. that's roughly 3,500 votes ahead a maasie pill up with just over 4,000 votes. remember, this is really early and john was telling us that he expected a lot of those votes were going to come in from parts of queens county which tends to be democratic. and also this would be early vote, which would tend to be democratic. so this doesn't mean anything. in particular, what we just saw, those actual numbers with maasie behind tom suozzi, right? it means that suozzi is but based on that doing ro

[applause] >> greg: tom? >> tom: watch television.ne, because 100% of our audience is watching tv right now! i just rock their world! >> greg: why do you feel that way? >> tom: i shouldn't say this. fox is going to figure out. we will watch little devices, not sitting around the tv anymore. >> tyrus: will have the brain and plans and just sit and stare at each other. >> greg: how about you, julie? will leave you laughing at that we do now? >> julie: people to talk on the phone. i hate phones. i hate people who call me without making a reservation. >> greg: how do you have da dates? >> julie: i don't. >> kat: you have to make a reservation. soon he just calls me, i'm like, who died? you either be dead or kidnapped and i'm not paying your ransom. that's when my kids call me. but when my friends call me, i still get pissed off equally. >> greg: what about you, kat? >> kat: anything we complain about. in 20 years, ugh. i hope i'm still alive! >> greg: i think it's going to be the whole trans athlete stuff. we will look back and go, what k

tom suozzi not only leaned into at the doubled down and triple down. he flipped the script on the border issue that helped them win. >> what to know about tom suozzi xd you know him personally? >> i do. i've known him for quite some time. he's an establishment very well-known high-profile figure in thehe mayor of the city of gn cove in the 1990s. he was county executive for a couple of terms and ran for congress in one, served in the house and was undefeated. i know him quite well and i do believe he was perhaps the only candidate who could win this special in a district that's been trending republican because of his centrism and his moderation and his proactive measures on barter. >> we did talk about immigration but you just mention crime. how did that issue play out? >> i think the two are often interchangeable in the eyes of many voters. therd border plays with various degrees of sally ann's in suburban districts that some districts it'se a big deal and others at the talking point. in this district it's a big deal. why? unlike many other profession

they told me, tom, wake up, you have to face the real world. but the real world is not something we must face. the real world is something that we as free men and women actively create. we make the real world. i love this country. my father came here from italy as a young boy and awarded the distinguished cross and went to harvard h law school on the g.i. bill. he faced rampant discrimination and no one would hire him. he started his own law firm. at 28 years old and ran for city court judge and became the youngest judge in new york state. what a country. my father lived the great america success stories and i'll do everything i can to honor my father's legacy. i'll do everything i can to honor this nation's legacy. we know what politics have become. let's think about what it can be. i may be the only one sworn in, what if we see it as a fresh start and break some of our bad habits, what if today we remembered why we ran for office in the first place. let's get back into the solution' business. god bless the men and women of this chamber and th

but to tom's points, americans are picking up on what tom is picking up on, you look at this poll from, 86% of adults have concerns about joe biden arkans's ability it certain second term, 73% of democrats as well, the doj report, validating concerning saying he is a e elderly man with a poor memory. >> 73% of democrats is important, when you don't have candidates that are debating and being lively and you, not voting against donald trump or joe biden, you have left people who need to be enthusiastic about their candidate. no matter what you think about donald trump, maga, ultra maga or lunatic, whatever words you use, they are enthusiastic, they don't like where the country s they will show up and vote for if probably not the same as 2020, joe biden disney n does not have that energy, what will make them so up to vote if not to vote against trump, i think that is warren out game. >> -- a warn out game. >> hearing the joe biden surrogates trying to defend him, not doing pre super bowl up ser view, one of thes is former wone of the former house press secretary jen psaki. >> if you are s

so what is the answer, tom? mean, tom, you're answer, tom?o the left of me. come on. you must have an answer. >> nuance and complex debate. but absolutely thing but there's absolutely one thing that should doing. that parliament should be doing. and view, setting and that is, in my view, setting annual quotas for these worker visas because that way mps can't run away from the accountability we are now own our migration system . our mps need to be system. our mps need to be accountable for it . accountable for it. >> well, of course, but isn't that i mean, this whole quotas and this just such that i mean, this whole quotas and kind this just such that i mean, this whole quotas and kind of this just such that i mean, this whole quotas and kind of commont such that i mean, this whole quotas and kind of common sense? if basic kind of common sense? if you enable people to just ad infinitum recruit cheaper labour from overseas, well, why wouldn't they do that? we was talking the other day about fruit pick and whatnot, how many people got in touch a

tom: thoughts and prayers. the cities new tax on customers. last month seattle democrats implemented a 5-dollar fee on all doordash and new breeds orders in order to improve wages for delivery.untrue drivers doordash estimated the policy would boost the pay to $26 an hour but the tax is having opposite effect. because now customers don't want to pay the astronomical fees as one driver put it, they are not going to order, it is definitely backfiring. put it very simply. i'll go to you first lisa, can you believe it that government intervention has caused unintended consequences. i've never heard about this happening. lisa: i would be in trouble with this, a little bit of a problem with ordering uber eating all these different things but you're right when is the government intervening ever led to a positive outcome. we went through this with clothing when the government shutdown the entire economy over a virus that was the flu and were still dealing with the ramification. the executive director that's also a driv

>> first of all, tom, you're exactly right.hinese operate by different standard than the rest of the world. after the second world war, the worldnt bank, international monetary fund, , a provider of institution were created so that the more developed economies could help the rest of the world economically catch up. so that we could all enjoy the kind of stability that comes from prosperity. i have watched for a number of years in congress the chinese aggressively pursued the so-called economic developmentnt agenda. they have a tendency to go after potential customers or candidates for loans, however you want to describe it, that may not necessarily always have the strongest democracies, the most reflective governments of their o people. what do i mean by that? the terms it would seem to be on many of these loans are rather lavish in spending, l ports, roads, minds, railroads, a variety of things. the terms are rather lavish in the amount of money given, but the interest rates and the collateral required, tom, these are not ious

administration tonight, tom. , tom.se it has to be, given the obvious _ tom. i suppose it has to be, given the obvious damage _ tom. i suppose it has to be, given the obvious damage its _ tom. i suppose it has to be, given the obvious damage its cause. - tom. i suppose it has to be, given . the obvious damage its cause. what's your sense, 24—hour song, of how the story is unfolding? it’s your sense, 24-hour song, of how the story is unfolding?— story is unfolding? it's really bad news for president _ story is unfolding? it's really bad news for president biden - story is unfolding? it's really bad| news for president biden because although there was the legal exoneration overall, although it was interesting that the specialist into the president, even going through that and saying that they believe there were things factually wrong, there were things factually wrong, the wrong emphasis and contradictions between what the report set out in the first few pages and then what it said much, much further down. they're basical

tom? >> michelle daniel is a thoroughly decent but thoroughly decent guy, but i think sitting there having think he's sitting there having to defend the indefensible. i mean, saw last night from mean, what i saw last night from beginning was a beginning to end really was a textbook, uh, manual in sophistry and i mean, he sophistry and spin. i mean, he never really answered the questions from the audience. he wasn't particularly that tested, ihave wasn't particularly that tested, i have to say, on some the i have to say, on some of the key that said, our key issues. that said, for our democratic process, it was good to news being able to air to see gb news being able to air the prime minister in answering those questions from the electorate. but i think the fact is, as we face this general election , the british people are election, the british people are not mugs. they look at the last five years, they elected a prime minister to get brexit done and level up the country. uh, a tory prime m

tom's finally had the chance to rebuild his life after prison.t abused her is still out there. nothing's been done about them. it's just such a horrible feeling to know that there are other people who are going through that, and worse. despite everything that happened to her, anna's managed to move on. life's much, much better now. my mental health has improved so much. i'm sober now, and i can use my own experience to help others, which is all i ever really want. i'm just grateful that i'm out of that life and i've dealt with the trauma and what has happened to me, and i need to move on now with my life, i think. hello there. it was a cold and frosty start up and down the country this morning. there were some mist and fog patches around, too, but through the day we'll see plenty of dry and sunny weather, particularly towards eastern areas, more cloud further south and west and there'll be a few showers as well. these, again, wintry nature certainly over the high ground. these, again, wintry in nature certainly over the high ground. now, most of

yeah, that is the work that tom suozzi did.t is what the american people sent us here to do. and tom made that case to people and they responded, well, what would they his campaign, one part of it though, he ran differently than we've seen some democrats. he he admitted that there were issues on the border. he said he believed that it should be temporary temporarily closed. and, you know, he did distance himself from president biden, who has weak numbers on that issue, as you know, and the white house and no do you think that's a tactic that we'll see more democrats use come november when you are trying to win back the house. >> i can tell you that you cannot find a single democrat, that things are immigration system is working well that are border system is not in need of immediate solutions. >> and tom reiterated that. and what helped tom make that case was that while we were here talking about extremely important national security needs he needs that was held up by republicans who said we've got to have a compromise on borde

tom: interesting.r currency and focus for us is the japanese yen, a little strength of the session, but we were hearing from the bank of japan governor last week and testimony in front of parliament in japan, expectations still that they will be ending their loose monetary policy. how are you thinking about the yen trade? elsa: it has been more about what the fed does that what the bank of japan does. whether they go march or april, despite the fact that it is a change that they will potentially get rates up to positive territory, the cost of hedging is driven more by what is happening on the u.s. side of the equation and that has kept us bullish for the last two to three years. it is a question of levels. do you want to be getting along? i think we will get better levels to get into that around march or april. tom: so march or april on exposure to the currency pair. i know it has been of interest to you as well. they have different inflation dynamics in switzerland. expectations of further moves may b

we have alexander a tom, he is a senior lecture at st. petersburg state institute of technology and in cal to we cross through pasco, lopez. he is an associate professor at kyoto university, are generally cross talk roles and effect. that means you can jump anytime you want, and i always appreciate and they go to tom 1st in florida as we speak. now we're still in the afterglow of the tucker, put in a interview in the us senate is pushing through it, spending for ukraine. and israel doubtful it will make much headway in um, in the house and, and it, and on the ground and you cranes illusion these out. and we don't know it's a political portions of zelinski. so i just gave you 3 things to play with your choice. go ahead. well, let's start with the tucker, putting interviewers, i think everybody has gotten that all the wrong. um, i think wilfully wrong. right. i think that, you know, we have the, we have the, the political establishment on the west wanting to downplay putin's history of us and as being some kind of false history. and then to

tom's finally had the chance to rebuild his life after prison.gang that abused her is still out there. nothing's been done about them. it's just such a horrible feeling to know that there are other people who are going through that, and worse. despite everything that happened to her, anna's managed to move on. life's much, much better now. my mental health has improved so much. i'm sober now, and i can use my own experience to help others, which is all i ever really want. i'm just grateful that i'm out of that life and i've dealt with the trauma and what has happened to me, and i need to move on now with my life, i think. hello there. we had fewer showers around on saturday and with clearer skies and light winds, it is turning pretty chilly out there. but we've got some more rain to come, i think, on sunday. it's going to come from this area of low pressure. now, that's going to tend to slide across towards france and that's where we'll get any mild air heading. we're still going to be in the chillier conditions and we've got a more widespread sl

tom: sorry, your question is? can you be sure this is something you can handle? tom: we are spending a lot of time with them, going through real estate assets, trying to understand what the risks are, reserves against those risks, making sure we have those properly handled. with the scope we have got, we are working hard on that. you never know what you don't know. what will happen in the nonbanks center, you don't know, what could happen with real estate assets. we have ever had done with the banks that we oversee working through it. mike: does this way on your thinking on when you may want to cut interest rates? the story that real estate people tell is that this only get worse over time as companies get closer to their refinancing. tom: i think it's important to take commercial real estate apart. there are huge sets that are quite healthy. data centers, retail is healthy. holding part of multi family. we are really talking about office. downtown office space, that is where the biggest risk is. i am sure there h