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joining us now is maria tadeo and tom mackenzie. tom, what is the latest on aid spending for ukraine? tom: we are getting some of the top line numbers. you mentioned that support and the agreement by the u.s. house. about $13.5 billion of aid. all told about $6.5 billion will go toward funding the movement of u.s. troops and equipment in eastern europe. about 6.8 billion dollars will go toward refugees and assisting on a humanitarian level the economies of eastern europe as they struggle with this influx of refugees, the largest since the second world war. on the ground, the refugees and the numbers continue to increase. i've been speaking to a number of them as they cross over the border this morning, the border from ukraine. hundreds of people this morning just in the last few hours coming across. i spoke to one mother, two days from kyiv as they made their way across under heavy bombardment. it is a deeply uncertain future. the imf approving emergency funding of 1.4 billion. ukrainian officials say they expect the first tranche of
joining us now is maria tadeo and tom mackenzie. tom, what is the latest on aid spending for ukraine? tom: we are getting some of the top line numbers. you mentioned that support and the agreement by the u.s. house. about $13.5 billion of aid. all told about $6.5 billion will go toward funding the movement of u.s. troops and equipment in eastern europe. about 6.8 billion dollars will go toward refugees and assisting on a humanitarian level the economies of eastern europe as they struggle with...
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tom mackenzie is on the ground. the very latest on the situation? tom: one of the first things people say when you speak to refugees who continue crossing the border is when do we think they can head back home. they left jobs, houses, many loved ones. reasons why within 50 kilometers of this border, every hotel is taken up. refugees are hoping they can be able to return to ukraine in relatively short order. that looks very unlikely, given the meeting we had between the foreign ministers of ukraine and russia in turkey yesterday. the minister saying he wants to continue the demilitarization of ukraine and wants ukraine to recall sovereignty claims over crimea. the ukrainian minister saying it was 10 among calling them to surrender, which the ukrainians are in no mood to do. they will continue talks, but the goal is enormous between the two sides. the implications for people on the ground as they continue crossing from ukraine into poland looking for safety is enormous. looking at humanitarian corridors, president zelensky saying civilians have been a
tom mackenzie is on the ground. the very latest on the situation? tom: one of the first things people say when you speak to refugees who continue crossing the border is when do we think they can head back home. they left jobs, houses, many loved ones. reasons why within 50 kilometers of this border, every hotel is taken up. refugees are hoping they can be able to return to ukraine in relatively short order. that looks very unlikely, given the meeting we had between the foreign ministers of...
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tom mackenzie is on the ground of the polish ukraine dani: border. let's start with the -- ukraine border. dani: the u.s. house of representatives have approved emergency spending for ukraine. the package covers a boost in u.s. troop numbers in europe and weapons for ukraine's forces. the house also voted to ban russian energy imports over the invasion. bruce einhorn joins us now on this. bruce, what is the significance of the house passing this as well? bruce: it gives house members a chance to be on the record on this. as you pointed out, there's a band that president biden announced the other day. the senate is not obliged to pick up bills that the house passes. chuck schumer, the senate majority leader, said the other day that he would be talking with the administration about ways to go forward to make sure that the sanctions are tightened up. senator joe manchin, powerful democratic senator, has said that this legislation is no longer needed. joe manchin was one of the main sponsors of one of the earlier proposals. the other thing to note from t
tom mackenzie is on the ground of the polish ukraine dani: border. let's start with the -- ukraine border. dani: the u.s. house of representatives have approved emergency spending for ukraine. the package covers a boost in u.s. troop numbers in europe and weapons for ukraine's forces. the house also voted to ban russian energy imports over the invasion. bruce einhorn joins us now on this. bruce, what is the significance of the house passing this as well? bruce: it gives house members a chance...
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Mar 9, 2022
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tom mackenzie, give us a sense of the latest situation on the ground, where watching the harrowing images but the flow of people is still strong across the border. tom: absolutely, there are thousands of people who continue to come across the border, we are about a 30 minute drive from the polish-ukrainian border. this is a town that absorbed a lot of the rescued folks because of the railroad behind me. a shopping center has been converted to a welcoming center essentially for many of these refugees where the people of poland have been providing services like hot food, clothing and other things that they need, medication. people have come across the border with just a couple of bags and spent three or four days trying to get here and left everything behind back in ukraine. at a railway station yesterday, thousands of people were packed into a very small space. dani: tom, we are having little problem with your audio. tom giving us an update there from near the border of ukraine and poland. we will get him back shortly on the program, tom mackenzie. rush is retaliating against sanctions, se
tom mackenzie, give us a sense of the latest situation on the ground, where watching the harrowing images but the flow of people is still strong across the border. tom: absolutely, there are thousands of people who continue to come across the border, we are about a 30 minute drive from the polish-ukrainian border. this is a town that absorbed a lot of the rescued folks because of the railroad behind me. a shopping center has been converted to a welcoming center essentially for many of these...
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on the polish ukrainian border, i'm tom mackenzie.th ukrainians taking refuge in poland along with moldova, romania, and other countries, this adds logistical challenges on top of the devastating humanitarian crisis. flex port is offering assistance. i want to bring in the ceo for more. talk to us more about talk to us about what your company is doing end of challenges you are navigating. >> flexport.org is our arm. we are organizing coordinating the overall refugee sites to provide relief goods, medical care, shelter and other things needed to help these people. they are on the ground, and we are partnering with unicef and a handful of other aid organizations to help fulfill the wish list. one of the products they need. also, corporate and companies that we ship for to get products flowing from wherever they are in the world, a lot of it is coming from the u.s. because that's where we are headquartered. cheaper if we can find in europe and bring it by truck within the eu. it is a drop in the bucket, but we are getting started. we hav
on the polish ukrainian border, i'm tom mackenzie.th ukrainians taking refuge in poland along with moldova, romania, and other countries, this adds logistical challenges on top of the devastating humanitarian crisis. flex port is offering assistance. i want to bring in the ceo for more. talk to us more about talk to us about what your company is doing end of challenges you are navigating. >> flexport.org is our arm. we are organizing coordinating the overall refugee sites to provide...
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we are joined by european markets anchor, tom mackenzie. e looking to china, what are the broader implications? tom: one of the japanese suppliers had a major contamination issue. that diversify that further, and add additional names. they already have samsung and micron. they started to look within china, and including chinese chips in their products. they have not signed off on it yet. the chinese company as a provider and builder of memory chips. not the most cutting edge, but the ones apple could choose for the lower end phones. it would be a major coup for china who have ambitions to build out their own semiconductor industry and be less reliant on the u.s. there is potential political backlash for apple given the relationship between beijing and washington, but apple builds many of its devices in china. we will see. they are in the investing phase, but it is interesting they have gone this far with the potential supplier from china. dani: apple in general, there is a lot to unpack, learning yesterday about a potential in-house financia
we are joined by european markets anchor, tom mackenzie. e looking to china, what are the broader implications? tom: one of the japanese suppliers had a major contamination issue. that diversify that further, and add additional names. they already have samsung and micron. they started to look within china, and including chinese chips in their products. they have not signed off on it yet. the chinese company as a provider and builder of memory chips. not the most cutting edge, but the ones apple...
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francine: joining us to discuss the latest is my coanchor tom mackenzie in poland. to cover the latest in washington our politics editor kat hunter. tom, what's the latest near the ukrainian border? what was the outcome of the peace talks in turkey? tom: francine, the refugees and people continue to possible border -- cross the border. you can see behind me a line of people waiting for the bus to the next destination in this makeshift tent city that has sprung up on the back of assistance from the polish army. i have met one mother called and out with two children, one a six-year-old and 116, they just traveled from kyiv, where they lived in a basement for five days to escape the bombardment. they left when the apartment next to theirs was bombed by the russians, and they had to flee to the border. they are looking for safety in estonia. the broader picture is from the polish reporters on national radio suggesting that 1.5 million refugees have crossed from ukraine into their country. poland's population is 38 million. on the ground in ukraine, the crisis very much c
francine: joining us to discuss the latest is my coanchor tom mackenzie in poland. to cover the latest in washington our politics editor kat hunter. tom, what's the latest near the ukrainian border? what was the outcome of the peace talks in turkey? tom: francine, the refugees and people continue to possible border -- cross the border. you can see behind me a line of people waiting for the bus to the next destination in this makeshift tent city that has sprung up on the back of assistance from...
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we are joined by tom mackenzie, who is outside chelsea football club. how aggressively has the u.k. ff aft -- gone after russian oligarchs? tom: the opposition labor party would argue the u.k. government has not gone far enough, has not been as aggressive as its european counterparts, where far more individuals linked to russia or the kremlin have been sanctioned, and the u.s. as well. you mentioned of those individuals who have been sanctioned. they have movement and travel bans as well, but that number is fewer than what you see in europe and the u.s.. the owner of the chelsea football club has not been sanctioned. we know he is looking to sell his properties here in london. we know the football club itself is up for sale at a price of about 3 billion pounds. but that is symbolic of how far and deep russian money goes into the u.k.. he is also a man who was a close partner to vladimir putin. the u.k. loses millions a year due to money laundering, occurring to transparency international. they are pushing through the economic crime bill. they say that will go along long way to addres
we are joined by tom mackenzie, who is outside chelsea football club. how aggressively has the u.k. ff aft -- gone after russian oligarchs? tom: the opposition labor party would argue the u.k. government has not gone far enough, has not been as aggressive as its european counterparts, where far more individuals linked to russia or the kremlin have been sanctioned, and the u.s. as well. you mentioned of those individuals who have been sanctioned. they have movement and travel bans as well, but...
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tom mackenzie, our anchor outside of stanford bridge.the corporate reaction, netflix and tiktok joining companies pulling back operations in russia. tiktok is suspending livestream's in russia following a new fake news law that could silence dissent. our is this editor joins us. the list keeps growing. bring us up to speed on who we know has pulled out of russia. benedict: good morning. as you say, the list is endless at this point. a good week into the conflicts. it started with bp, who pulled out, and over the week, companies in every field have joined the mass exodus. we've had netflix, as you said, a company that will lose between 100,000 or maybe one million accounts in russia. samsung, who own about 30% of the russian market, a big business for them. companies in the retail space like nike and apple. some of the biggest corporate names out there are pulling out. in part they are pulling out because they want to send a signal, but also because they simply cannot do business in russia any longer. we have seen the financial community
tom mackenzie, our anchor outside of stanford bridge.the corporate reaction, netflix and tiktok joining companies pulling back operations in russia. tiktok is suspending livestream's in russia following a new fake news law that could silence dissent. our is this editor joins us. the list keeps growing. bring us up to speed on who we know has pulled out of russia. benedict: good morning. as you say, the list is endless at this point. a good week into the conflicts. it started with bp, who pulled...
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bloomberg's tom mackenzie reports from the border between poland and ukraine. the polish-ukrainian border, where a number of refugees continues to arrive. the united nations saying 1.2 million people have crossed over from ukraine into poland just in the last three weeks alone. we're now three weeks into this war and the needs of this -- these people are very acute indeed temperatures well below zero and difficult conditions. at the top level the house -- house of representatives signing off on finding to help the united terry and crisis -- humanitarian crisis on the ground. european officials saying they expect to see the first tranche of e.u. money coming through as early as next week. this is a reminder of the numbers and the home and -- human toll of the need for spending for those people whose lives are very uncertain and their prospects very much unknown. it's already a population of women my children, and the elderly. for bloomberg, i'm tom mackenzie. shery: the international community continues to show united front against moscow over its invasion of ukr
bloomberg's tom mackenzie reports from the border between poland and ukraine. the polish-ukrainian border, where a number of refugees continues to arrive. the united nations saying 1.2 million people have crossed over from ukraine into poland just in the last three weeks alone. we're now three weeks into this war and the needs of this -- these people are very acute indeed temperatures well below zero and difficult conditions. at the top level the house -- house of representatives signing off on...
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tom: welcome to bloomberg markets europe, i'm tom mackenzie live in london.dmore joins me in singapore. the cash trade is less than an hour away. here are your top headlines. bloomberg reports u.s. officials worry vladimir putin may escalate military operations in ukraine. president biden cal
tom: welcome to bloomberg markets europe, i'm tom mackenzie live in london.dmore joins me in singapore. the cash trade is less than an hour away. here are your top headlines. bloomberg reports u.s. officials worry vladimir putin may escalate military operations in ukraine. president biden cal
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i am tom mackenzie.ore joins me today to take us through all of the market action at this hour. the cash trade is less than an hour away and here are your top headlines. the u.s. and eu meet that need agreement to wean europe off russian energy as putin demands payment in rubles. bidens
i am tom mackenzie.ore joins me today to take us through all of the market action at this hour. the cash trade is less than an hour away and here are your top headlines. the u.s. and eu meet that need agreement to wean europe off russian energy as putin demands payment in rubles. bidens
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tom: tom mackenzie in poland, away from ella roos, on the border with millions of refugees. am not seeing enough reporting on what happens next. the refugees get to the border. then what? tom m: we are on the border crossing between poland and ukraine. logistically, there are facilities in place that have been put in place by the polish military, by the polish police, and volunteers all over the world. but logistically, this is just the beginning. they've had that journey through ukraine. they have waited for hours, overnight, 90% of them women and children, in freezing conditions. this is just the start logistically. they have to work their way through poland if they find a place of residence, and indeed other parts of europe. the polish government has put aside $7 billion to help fund this. you are absolute right, we are in the early opening stages of this. one point numeral people into poland just in the last 12 days alone -- 1.2 million people into poland just in the last 12 days alone. tom k: between romania and poland is slovakia and hungary. do they have the residence
tom: tom mackenzie in poland, away from ella roos, on the border with millions of refugees. am not seeing enough reporting on what happens next. the refugees get to the border. then what? tom m: we are on the border crossing between poland and ukraine. logistically, there are facilities in place that have been put in place by the polish military, by the polish police, and volunteers all over the world. but logistically, this is just the beginning. they've had that journey through ukraine. they...
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tom: with tom mackenzie on the border of poland and 2.1 million and counting refugees, it is a movementi'm not sure yet that it is a movement west. there seems to be real focus on the true adjacencies to russia. jonathan: chancellor scholz pleading with the russian leader to deliver an immediate cease-fire. lisa: everyone wants this to end , and yet we don't see any potential inroads there. if lavrov came out and said that cease fire talks were not on the table, with the foreign minister of ukraine, the mutt where the purpose of these talks. because ultimately the cease-fire is the condition to start some of these for ukrainians. jonathan: i would encourage everyone to watch the news conference with the ukrainian foreign minister. you got the impression from that that his counterpart had no control, no authority whatsoever sitting across the other side of the table. lisa: he even said we hoped to arrange serious talks with ukraine's president. that means that these were not serious. i will point does vladimir putin have enough to go back to his people and say it was worth it to end this
tom: with tom mackenzie on the border of poland and 2.1 million and counting refugees, it is a movementi'm not sure yet that it is a movement west. there seems to be real focus on the true adjacencies to russia. jonathan: chancellor scholz pleading with the russian leader to deliver an immediate cease-fire. lisa: everyone wants this to end , and yet we don't see any potential inroads there. if lavrov came out and said that cease fire talks were not on the table, with the foreign minister of...
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i'm francine lacqua in london with tom mackenzie. tom: the 2 and 10 treasury curve inverts, reinforcing fears of a downturn. we get inflation parts from germany and spain today. the u.s. expresses skepticism as russia pledges to scale back military operations around kyiv. the great blockchain robbery. hackers stole $600 million in one of the biggest crypto heist sever. francine: that's the story i want to hear more about. the futures are wobbling a little bit. a technical term that we only use on wednesday. the dax is down. the focus is on the bond rout which has alleviated a little bit, and we will see how that plays out with the ceasefire which we could have or not. tom: it is a decent day for european equities as well. talks between the russians and the ukrainians, initially there was optimism around that. reports suggest maybe the russians may not be may being -- making as much of a step back. german and inflation data is out later today. implications for the ecb and madame lagarde. the cac 40 down .3%. and the ftse 100 lower by a
i'm francine lacqua in london with tom mackenzie. tom: the 2 and 10 treasury curve inverts, reinforcing fears of a downturn. we get inflation parts from germany and spain today. the u.s. expresses skepticism as russia pledges to scale back military operations around kyiv. the great blockchain robbery. hackers stole $600 million in one of the biggest crypto heist sever. francine: that's the story i want to hear more about. the futures are wobbling a little bit. a technical term that we only use...