they wanted to bring back u.s. steel, plus u.s. steel being inside the u.s., they are protected from tariffs. remember in the reagan years when reagan started putting up all those barriers for imported automobiles, and then what happened was japanese automakers jumped over the tariffs and started making cars in the u.s. they see the u.s. getting more protectionist, so they want to invest in the united states and protect themselves, not be harmed by those tariffs. so it has the potential to be a win-win for the japanese steelmaker that because he could keep u.s. steel going. host: could you elaborate? guest: u.s. steel has been struggling on and off for decades now. the steel industry in general in the u.s. has been asking for protection from import competition also for decades. sometimes it works, sometimes it doesn't. eventually, global economic rallies catch up and they come back asking for more production. it's in president bush's administration, that happened. and then a lot of anti-dumb thing continues before and after that. a

it comes as the u.s.to send 1000 troops to the mexican border, after president trump declared the u.s. to be under invasion by illegal immigrants. the troop movement, confirmed by an administration official, follows on another executive order signed monday. no details have been given about the planned deployment. here is our correspondent with more from the border. will: there are some things we know and others we don't about this troop deployment to the u.s. other border. first, the ones we do know. we expect that it will be around 1000 troops being deployed. we expect sometime in the coming days, to the border, to comply with donald trump's executive actions on border security and immigration. back has been confirmed by u.s. officials. what we don't know is exactly where along this very long and porous border that those troops could be sent. on the one hand, it could be two areas where there are ports of entry. they could be sent to support customs and border protection officials in their work of dealin

joumanna: what about u.s.? u.s.s a mature market but would you ever consider expanding into the u.s. at some point? david: i think it is possible. to be very frank, if you asked me six months ago i would've said probably not. suddenly, things changed from a regulatory environment and there is a since it might be good to deregulate these different banking regulations. from the outside it felt unfriendly for fintechs and new entrants, now it feels friendly. there is the opportunity for the u.s. to bring competition. there are a lot of banks in the u.s., you look at the prime segment, or the hispanic population in the u.s., there is a lot of lack of access to financial services and high interest rates, so we will consider it. joumanna: there are reports that you are thinking of moving your domicile to britain. you seem to be going against the grain. most businesses seem to be wanting to leave the u.k. as a domicile. david: we have not formally announced anything. what we are preparing is for the next 10 years of growth

growth, u.s. growth. that would push u.s.wth over 2.5% in 2025. >> i would also like to just briefly get your thoughts on what we have seen in the bond market. do you think that this is likely to be one of the most important market stories in 2025? the pressure coming from bond vigilantes on equities? >> no, we think that if we look at the yield, we are close to the highest here. we just reduced a bit our duration on the u.s. bonds. so, we think that the worst could be behind us, but we still -- we still be close to the level of 4.50% for example for the ten-year. we could start to see to be more constructive on the bond market. >> interesting times ahead, also, when you think about the bond market. ultimately, what do you think of the narration and trump 2.0 for global global? what do you think are the ramifications for global equities? >> i think it will not prove it was a testing area for mr. trump eight years ago. i think he is more prepared and he will be less aggressive than everybody believed and more in a business moo

if the u.s. took control back of the canal, if that territory was completely controlled, protected by the united states of america, what influence could we have in solving a variety of problems? the shipping ones, but also having u.s. presents with military backup there in panama preventing transnational organizations, preventing human trafficking, drug trafficking, wouldn't that be celebrated among the free world as something that would be absolutely a net huge positive to that area? chair sola: i can say this, that is probably one of the top contraband areas in the world just because of its geographical location and the amount of containers they move. i think any time we can lower the amount of contraband being distributed around the world, we would be doing a good service. sen. moreno: mr. chairman, we ratified that treaty in the united states senate, i would love to cs de-ratify it. chairman cruz: senator o. senator o: in the year 1913, the governor of west virginia said the governor -- the g

commissioner sola, what about a new u.s. southern command, u.s. government conversation with the canal authorities and the government about the security level we seek? mr. sola: thank you very much. the airborne weighing i am wearing his decorative. i've not worn a uniform and 35 years. this is my personal experience. i believe the security of the canal has always been understood to be provided by the united states. panama models not have a military and i believe there is been a close relationship with southern command that we would provide that and it would be nice to see if we had a formalization of that in one way or another because i do not believe it is in the treaty at all. sen. cantwell: so formalization of a cybersecurity agreement. you have accidents and then you have larger cybersecurity issues you have to be on top of. what i did not like about anybody that has a backdoor is i am for the united states advocating to not buy from people who have a government backdoor. what will you do? at some point you will regret that. commissioner maff

u.s.-china relationship will pan out. a call between donald trump and president xi jinping over the weekend appears to have done more to boost asian equities than the china growth data friday. looking at the msci asia pacific index up 1.1 percent. futures stateside putting a touch lower but u.s. equities and treasuries are closed for martin luther king day. euro stoxx 50 futures pointing a touch higher but the downside for ftse 100 futures as we head towards the cash session. if we flip over to the cross as it picture, treasuries taking a break today, but bitcoin interesting perhaps as a hint of how the u.s. stock market will perform. mind that correlation and how long it lasts. currently looking at bitcoin down one point 2%, yen at 156 per dollar as we gear up for the boj decision friday. euro-dollar at 1.03. we are awaiting the eurozone flash pmi's later in the week. expected to stay in contractionary territory ahead of that ecb decision. and you have brand at $80 a barrel, paring earlie

if the u.s.up banning tiktok or bytedance sells tiktok, think about the precedence this sets where chinese firms can be cut to size. that's why bytedance will not sell tiktok to the u.s. because it doesn't want to open the door to this for other chinese companies across the world in other markets. >> give us your thoughts on where we go from here. it seems the tech companies and big tech is getting more and more involved in geo whether it is the comments from elon musk in politics or what jeff bezos did before the election that united states. this week, meta changing their third-party factor rules. where do we go from here? >> the u.s./china relationship seems to have no floor. the floor keeps going lower and lower. this is a relationship in free fall. if tiktok is banned, it will call another move for the relations. it shows a tech war beginning. this is no longer about 5g or chips. this is expanding into things like playing with the weights in a.i. system and wiring of a.i. with the biden admin

caitrÍona: the u.s.f justice has responded to the ruling from the court in washington state and the department of justice said it will vigorously defend president trump's executive order which it said correctly interprets the 14th amendment of the u.s. constitution. they said they look forward to presenting a full argument to the court and the american people. president donald trump foreign businesses should make their products in the united states if they want to avoid tariffs. the new president sets out the terms of his so-called america first trade policy. president trump addressed the world economic forum in davos that takes place annually in the swiss ski resort. president trump took questions from leaders of major banksment. speaking from the white house, the president took an approach. pres. trump: make your product in america and we will give you among the lowest taxes of any nation on earth. we are bringing them down substantially even from the original trump tax cuts. if you do not make your pr

u.s. side we said last year if it's not broke don't fix it. u.s. exceptionalism is something we believe in. it will manifest itself through differentials being priced in by the dollar. also for europe i think where there may be a slight trend change, it is not suddenly everything getting better but may be less bad. if you have that less bad narrative coming in some of the other trends which will be maintained, i'm still targeting euro-dollar towards parity but how much further can we go through that? are people talking about further downside in chinese equities when there is such a strength and feeling domestically surrounding the need for growth to stabilize or improve as the leadership has highlighted. that less bad narrative elsewhere outside the u.s. could provide some surprises ahead. jonathan: saw the downside in chinese stocks earlier, the csi 300 down close to 3%. the hang seng finishing the session lower by more than two. four days of losses in a holiday period. we saw that throug

the u.s. with a lands around the spend around nvidia has been undone by the gains that are come through from this business based in china with one of the top-performing apps. european futures pointing lower 0.8%. set for a challenging day this monday. ftse 100 futures pointing lower 0.3%. s&p futures looking to lose 1.2% but here is the potential selecting in store for the nasdaq 100 on a week 15 out of the seven mag seven companies report come up currently pointing lower by more than 2%. let's flip the board and look cross assets. the dollar is gaining. that is a theme for the session. the 10-year at 4.58. across treasury seeing money flowing in, yields down four points on the benchmark. the fed decision comes on wednesday. will they guide along the pricing that is now in around 40 basis points for this year? euro-dollar at 1.04, down 0.3%. brent at 77.83, sensitive to the tariff threat around colombia, whether that has been walked back by the trump administration. and profit-taking within th

the fact that u.s. dollar is getting strong against g10 counterparts is a strong signal that traders are taking this seriously. if it was just the emerging space, maybe you could say it is a bit of a one-off thing, but the, australian dollar and japanese yen are all on the back foot there is a haven bid for the swiss franc which has traditionally been the outstanding currency if you are looking for a safe play. huge options volumes yesterday for the swiss franc. people are getting concerned and it is not likely to go away in a hurry. an easy first week, a much more difficult second week and foreign-exchange traders are going back to analyze the playbook in 2018, 2019 how do we deal with the fact that tariffs may come and how does that apply to the u.s. dollar? is looking like that again and foreign-exchange traders are taking note of what mr. trump has done in the past. tom: reaching for that 2018 playbook with volatility back in fx markets and the flight to safety with the swissie in focus. mark cranfi

u.s. >> reporter: and in the video mark zuckerberg also says that meta will be moving its content moderation and safety teams to texas to avoid political bias like they've seen in california. they also put the u.s. government on blast in that video for what they say is undue pressure to moderate content over the past four years. maria. maria: that's unbelievable. grady, this is a great breaking news report here and i've got to get your take on this. the panel. because look at the things that they're doing. elon musk set the tone, okay. they're going to do community notes like x does, mark, and by the way, why was there restrictions on talking about immigration? how ridiculous that is? what's with these restrictions? i didn't realize there were these restrictions on immigration. >> i mean, i'm glad they're moving towards not having restrictions and following this community notes idea. which has worked so well for x. you know, you still get to see the initial comment and post and then there'

the u.s.aking gradual and softer approach to tariffs. worth keeping in mind this is actually the second report that highlights that potential approach from the incoming administration. so, perhaps investors here taking a little bit of comfort from the fact this seems to be a growing narrative as well. we shall find out once donald trump is at the white house. in terms of the worst performing sectors, we have oil and gas at the bottom. we're down .40%. some of the moves here are also related to company news. we heard from bp earlier today. retail also under pressure. we're down .30%. i also want to take you to how we are likely to open on wall street later today. we are looking at u.s. futures for the time being. they suggest a positive start to the trading day stateside. this after a mixed session on monday. we had for instance the s&p and dow ending the day in positive territory, but look at it. the nasdaq ended the day down .40%. we are seeing a little bit of pressure for some tech names. >>

the u.s. outlook. i sort of wonder as an asset manager and a risk manager, should we take the other side? are you worried everyone is too excited right now? larry? >> it is hard to hear. >> ok. i was asking you if there is too much optimism around the u.s. outlook and whether that w >> well, welcome, everybody. thank you, i couldld hear you. is there too much optimism in the u.s., no? but thatt being said, there's a -- there'sng risk in every econy n europe for someone who has been pessimistic of europe for like 10 years. i number one observation this week in davos, pessimism, i've never felt the pessimism be larger and more profound. i believe it is probably time to be investing back into europe, focusing on it. i see all of the problems in europe and i do believe pessimism is too large. banking union and a capital markets union are needed, which we can talk about later on. back to the united states, i think all the ingredients for the united states will be the continuation of its strength. t

u.s. steel deal. bitcoin strong start to 2025, and tapestry keeps rocking. how long will the run last? i'm tyler mathisen in for melissa lee coming to you live from studio bh at the nasdaq on the desk tonight table for three in the studio here. karen, steve, and coming in reliterally tim and julie. tim, welcome back from a nice holiday. good to have you back with us. and we start with the markets on the rebound. the nasdaq and s&p both rising more than a percent breaking five day losing streaks. longest since april. the dow is up 340 points on the day, breaking a four-day downdraft itself. higher by almost 2% there. meanwhile, u.s. treasury rates on the rise continuing. the yield on the ten-year 4.6%. the fed governor adriana kugler sat down with steve liesman to discuss what's coming from the central bank in 2025. for all the headlines from that interview, let's join steve. hi, stifel. >> hey, tyler. thank governor kugler seeing a stable employment picture on one side in what she called a

the u.s.. >> every market is looking at the u.s. as opportunity. >> it is a good thing for the world and the world economy. announcer: this is "bloomberg surveillance" with jonathan ferro, annmarie hordern and lisa abramowicz. lisa: good morning for our audiences worldwide, this is "bloomberg surveillance." i am joined by dani burger. i am annmarie hordern. john and lisa are making their way back from davos. all of the policy uncertainty is emanating but donald trump touching basically every part of the global financial markets. futures this morning are a little softer but this comes after the s&p 500 yesterday hit a record high. the first time u.s. stocks had an all-time high for the year. the first time we had that record for 2025. this morning a little bit softer on equity futures. this comes as president trump seems to be taking a step back when it comes to tariffs. he seems to be negotiating the tone when it comes to tariffs and persuasion mode when it comes to interest rates. killing the

u.s. investigators are looking into possible links between a suspected terrorist attack in new orleans that killed at least 15, and a cyber truck explosion outside the trump hotel in las vegas. asian stocks start on a sour note as we chinese economic data and the prospect of tariffs hurt sentiments. christine lagarde says the 2% inflation target is insight. after 50 years, russian gas europe via ukraine stops flowing, raising questions about the continents security. good morning and welcome to 2025. heading towards the first trading session of the new year, futures painting and optimistic picture this morning. euro stoxx 50 futures hi 0.8%, flat on the ftse but also looking higher u.s. futures. a downward and for wall street at the end of 2024, but it was the best two year run since 1998. we will see if that continues as we go into 2025. flipping to the cross asset picture, we do have japanese markets closed so trade in cash treasuries is off until 7:00 a.m. u.k. time but euro-dollar 1.0,

he was part of the u.s.ce crew, the joint canadian service personnel called to assist in the shutdown of that reactor. each team member that was part of that group had to put on the protective gear and they were lowered individually into the reactor for 90 seconds of time. his job during the drop in was to turn a screw. and that, ambassador, i think really did form his opinion on nuclear war and the development of a nuclear weapon. >> he had the first-hand experience with how dangerous it is. which gives him the ability, capacity not to have to use imagination, but really understand what it could mean to have a terrible accident, the impact on people, land, a grassy environment, etc. this is something i would argue the american people benefited from. that caution, that knowledge he brought to that field. >> as we watch this, the new york times wrote an interesting piece. it was not falling in the way it looked back at his time in office. he really was the outsider, did not always warm to washington and the r

the u.s. -- if the u.s. is going to beat china in ai. does this morning's executive order actually move the needle in a meaningful way, and what does that leave out. >> if you think about ai infrastructure, and am always reminded of a book that i may or may not have read in the late 1990's, "guns, germs, and steel." the book made the case that mason succeeded when they were able to marshal their natural resources to get a competitive advantage. if you think about it i like the electricity of our era. if we can prevail on a key for us to continue to lead the world, that will ultimately be an infrastructure exercise. it's good to be chips, data, talent, it's going to be the energy piece. specifically to your question, i think what the biden administration has put out today sends an interesting signal in the following way -- we have identified that there is roughly $175 billion of dry capital out there globally, looking to invest in ai infrastructure. there is an understanding that there's going

as the u.s. senator can pick areas you want to specialize in and there's plenty of work to do can carve out and find somebody, in my case, i worked with rockefeller on highway safety. you have great opportunity for the minority or majority of the most junior or senior, you can make a difference as u.s. senator. >> those of us in politics, i'm not mindful of it, we know when elections were up and who's running but in the end, i followed good advice to close to me said this is your choice. you make the decision and the rest of things will have to get worked out is so very important in the end, i stripped away everything else and ask, who's the best person to represent the state of ohio and the u.s. senate clearly back to john houston. >> an audible question. >> i doubt we will avoid a race for governor. stay tuned, you will see how many people are running on both parties. it is not federal. when we talk about the next senate race and gubernatorial race, everybody to vote. what made this serious for

another u.s. steel company was a better for u.s. -- bidder for u.s. steel.t have the resources that nippon has. reporter: thank you very much to both. >> you are welcome. >> thank you. ♪ anchor: alcohol is the third leading preventable cause of cancer in the u.s. followed tobacco use and obesity. it causes 20,000 deaths each year. alcoholic beverages have a -- should have a warning about those risks. welcome back. >> thank you so much. good to be with you again. anchor: there were some things that stood out to me from your findings. only 45% of american adults are aware that consuming alcohol increases the risk of developing cancer. how did those numbers strike you? why is awareness so low? >> it was very striking for me when i saw this. it became very clear to me that we have to tell people what the data is telling us. there is a link between alcohol consumption and cancer risk. we put out this advisory: not only for more public education but a change to the alcohol warning label. there are warnings about drinking while pregnant and driving and operating he

u.s. president administration, that is pushing for censorship, it makes it open season for other governments around the world, that won't have proekts first amendment to put pressure on u.s. companies we are going to work with president trump to push back on that kind of thing around the world. >> adding dana white two others to its board uscceo a close friend of president-elect trump with additions of kaplan white plus changes to content moderations meta a signaling a shift to more expression legals censorship on its platforms. maria: that is good we like that that is good grady thank you grady trimble, mark that is all you want from reaction. mark: great i mean look the tide turned when you think of like all these big tech companies not just meta but long been some of the biggest donors, of the democrats over the course of the last several election cycles, suddenly now a lot of big tech companies colluding meta attempting to appear apolitical i think some are actually genuine about it, a

u.s. trade tariffs as donald returns to the white house. annmarie: there a theory that a weaker currency is the best thing for increasing exports. overcapacity issue, overproducing and now they want to support their economy by making sure people buy those goods. a weaker dollar benefits that which is the reason why when you look at all of the reporting on the yuan we can income it is china letting this happening because it is a completely managed currency. this might be something not only did they just tolerate but they embrace. jonathan: chinese yields have fallen off a cliff the last few months compared to u.s. yields which remain pretty elevated. looking at growth expectations. they have opened up in a major way. how and if that spread reconciles over the next several months is going to be critical to a number of asset classes. lisa: there are two aspects. europe has seen weed growth --weak growth. there's a question of expectations and how low they are. this is the key question to me.

the u.s. outlook and whether that was worrisome. >> now i could hear you. >> is there too much optimism in the u.s.? no. that being said, there is risk in every economy. i can say much more forcibly, there is too much pessimism in europe for someone who has been pessimistic of europe for like 10 years. my number one observation this week in dallas, the pessimism has never felt -- larger and more profound. and i believe it is probably time to be investing back into europe, focusing on it. i see all the problems in europe, but i believe the pessimism is too large. many things to do, it needs a banking union and capital markets union which we can talk about later on. but back to the united states i think the ingredient for the united states will be the continuation of its strength. the foundation of its capital markets. any entrepreneur, any small company, any large company can find capital. in that foundation of capital raising allows much more entrepreneurialism, much more creativity. so i beli

the u.s. government's operational response to the beirut bombings, the covert effort to drive the soviets out of afghanistan. his contributions were chronicled in the film and new york times best seller, charlie wilson's war and he has just published his own remarkable book, detailing his own personal experiences across the span. so we could literally have no one better qualified to address the set of issues. what preceded 9/11, the connection between that and what followed in the 20 years. i yelled back. >> thank you, colin. i would like to also recognize dr. noah coburn who is joining us remotely. he is provost and vice president for academics at the evergreen state college. he is trained as a socio cultural anthropologist and focuses on political structures and violence in the middle east and south asia. he has conducted field work in afghanistan, kyrgyzstan, uzbekistan, nepal, india and turkey. his most recent book, the last days of the afghan republic, a doomed evacuation 20 years in the

sterling down .20% against u.s. dollar. u.s.ures is how we shaping up ahead of the open on wall street. it could be a positive start to the trading day over there. let's see what will happen. we will get jobless claims and latest manufacturing pmi figures. let's see what will be the tone within the investment community stateside after the mixed sentiment in europe. let's return to our conversation with fawaz. i would like to get your thoughts on the performance for u.s. markets. last year, no doubt, were incredible time for the s&p 500 and in particular, but when you think about 2025, do you think this performance is about to come to an end? >> i'm really cautious. we discussed that before. the reason for that is valuations are stretched and at same time the federal policy and monetary policy is turning hawkish which was revealed a couple of weeks ago. ten-year is above 4.5. in the face of high rates, high real rates and stretched valuations, portends challenges on earnings growth. >> what about the big tech because when you thi

the u.s.exico border to carry a president trump's immigration crackdown. >> the new administration ends diversity programs. >> dozens take stock of their lives and homes that are now in ruins as a tenuous cease-fire holds. >> we hope to god that the truth will be the opening of the door to goodness with security and peace of mind, and that we will return to rebuild our homes and live a human life. ♪ >> major funding for the pbs news hour has been provided by -- >> is a proud supporter of public television. on a voyage with kunod, the world awaits. a world of flavor, diverse destinations, and immersive experiences. a world of leisure. and british style. all with their white star service. >> in 1995 two friends set out to make wireless coverage accessible to all. with no long-term contract, nationwide coverage and 100% u.s.-based customer support. consumer cellular. freedom calls. >> the charles f. kettering foundation working to advance inclusive democracies. >> the judy and peter bloom kovler

u.s.o listen carefully to the voice of reason after the president signed a 75-day stay for tiktok, but warned that ownership deal with china will be crucial. >> i could see making a deal where the u.s. gets 50% of tiktok. policing it. >>> to the highest level since may to november. lloyds banking group tells cnbc there are positive signs in the country's economy. >> what we see is a resilient outlook at this stage. our outlook is three rate cuts. the important thing is underlining the change we have seen, households, businesses remain really quite resilient. >>> and i'm silvia amaro in london. mining and oil sectors weigh in early european trade, but futures point to a positive start to the u.s. trade under trump. ♪ >>> welcome to the program live from davos, switzerland. first, donald trump has wasted no time signing a series of executive orders after being sworn in as 47th president of the united states. on the list is the withdrawal from the world health organization and climate an acco

u.s. will do. >> there is reason for optimism. there are green shoots people are able to point to. >> as america goes so goes the world. >> this is bloomberg surveillance with jonathan ferro, lisa abramowicz and annmarie hordern. jonathan: live from new york city, good morning. for audience worldwide, bloomberg surveillance starts now. a huge shakeup in global tech. equity futures down across the board. the pressure concentrated on the nasdaq months ago the nasdaq 100 is close to 5%. now negative by 4.7. nvidia down double digits plus. premarket -13%, unlucky for them , a deep seek, a chinese ai lab saying they can do more than -- do more with less. and the beneficiaries of it. >> the disruptors are becoming disruptive and that's the theory and the fear with some of what deep seek promises which is as you say to do more with less. they don't need that investment, they don't need the huge data centers and the certain types of energy they just need a little bit and it makes it something acce

on the u.s.security council and the united nations at large for the world to hear the importance of standing with israel. and i intend to do that. this year will mark the 50th year since the disgraceful zionism is racism resolution at the united nations, and at the time, our u.s. ambassador, daniel patrick moynihan, spoke out strongly against that disgraceful resolution. that is the type of leadership i hope to bring is confirmed to the united nations. president trump has a tremendous record when it comes to standing with israel, whether it is the abraham accords, his commitment to combating anti-semitism, or recognizing jerusalem as the eternal capital of israel. this is a strong, strong record, and i hope to do that at the u.n., it confirmed. sen. mccormick: thank you. as as already noted, the chinese communist party has a deliberate strategy to use the u.n. human rights council and other parts of the u.n. human system to propagate its false narrative on human rights and is authoritarian -- it

the u.s. efforts to stand up to the authoritarian axis that seeks to undermine the united states at every turn and to ensure our partners and allies are also doing their part. i know you're up to that task. the u.n. was founded to be a force for peace and stability in the world. an admirable goal. it's not working. since its founding, the united states has helped shape the u.n. and supported it in dollars, lots and lots and lots of dollars. and in spirit. but today the united states remains the largest funder of the u.n. system. we paid 22% of the regular budget and we paid 25% of the peacekeeping budget. and what have the american people gotten for these investments. they have chaos, complete dysfunction at the u.n. and a warped sense of right and wrong. in place of needed reform, the u.s. is constantly asked to give more to the u.n. but over time the organization has drifted farther away from american values, putting american national security in jeopardy. representative stefanik, i know tha

u.s.arket. indeed, when you think about the european bond yields, let me take you to the benchmark. the european 10-year bond at 2.53%. we have seen the benchmark actually trading around a five-month high. if i take to you the uk, when you think about the performance in the bond space, look at the numbers. i want to take you to the ten-year yield it is important and we are at 4.86%. all in all, i want to put it into context for you we are looking at levels that basically we haven't seen since 2008 that's huge, huge change we are seeing growing pressure coming from the bond market. let's see where that will trigger any sort of policy change from the government i also want to take you to the treasury markets because there again with higher treasury yields across the board. thinking about the benchmark we saw the ten-year yield hitting the high of 4.73% yesterday. that was the highest level since april. if you look at the longer yield on the 30-year, we ares hitting a high there, level, we ha

we have a plan not only to share geopolitical space with the u.s. u.s..know some people disagree and have idea that china interest primarily commercial. i don't think so. so i know i'm not responding directly to your question, but i will say the question of american foreign policy have to be asked alongside the question of what are the alternatives. also recognizing china's influence. going back to latin america, if you go to bolivia or ecuador to see what china is doing there. if you see the way china is working with political parties to erode american influence in the hemisphere. if you see the way they're working with their own companies to erode the capacity of american companies to operate, this is an equation of infrastructure. i think the chinese actions towards china could be a think the most important response in terms of foreign policy. >> any more questions? one in the back. >> hello. i'm very interested in the topic yesterday. one might majors is political jargon in college and long time ago. are there any lessons to be learned from argentina,

u.s.ompanies including nvidia also a potentially at risk for them. annmarie: these kinds of designations which actually stems from a list that came out during the trump one 10 administration basically means these companies can't sell to the u.s. military. but then there is a reputational risk on why you would want to get involved, and the concerns about these specific companies what they have to report back to the ccp. my big question is why in the final days of the biden administration are they going after these top two companies? >> the sitting president is determined to remind everyone he is still a sitting president because they have been incredibly busy over the last few weeks. lisa: incredibly busy when it comes to things like oil and gas. we are still waiting and it should be in the next few days in terms of more sanctions on russian oil and gas. there is going to be a number of measures that biden is going to take on the final days out of office. >> as we close out his final days a

u.s. secretary general stoltenberg, leaving the task of counting votes to senator richard russell, president pro tem of the senate. including walter mondale in 1981, dan quayle in 1993, and of course mike pence in 2021. both mr. nixon and mr. gore had plenty of motive to object to the outcomes that they certified. mr. nixon lost to john f. kennedy by about 118,000 votes out of nearly 69 million cast. advisors urged him to challenge the results, but he refused, maintaining it would tear the country apart. four years later, mr. gore won the popular tally by more than 500,000 votes out of the 105 million cast only to fall short in the electoral college. more there from the new york times taking a look at how previous vice presidents have handled the duties of the electoral account over which they lost. john and washington, d.c., republican line. good morning. caller: good morning. a lot of people keep talking about j6, but they forget about all of the ballot harvesting that prompted all the q

equities, u.s. everything for the last few years, because they are doing better than any investment they could make it home. scarlet: that is that u.s. exceptionalism you are talking about. that and monetary divergence is reflected in the dollar. still, we know that markets tend to overshoot. how much stronger can the u.s. dollar get from here? kit: my first job in 1985, i asked the head of the bundesbank , how high can the dollar get under that run up under president reagan? he said i do not have a clue. we intervene every day and it goes up every day. i learned not to try to be too clever on this. i think we are nearer to the top than to the bottom or the middle. there might be a little bit more. the danger is, u.s. assets have done so well, so much money flooded in, when it turns, soft landing the dollar will not be that easy. if people start pulling money out, that could easily become a flood. scarlet: as we look ahead to the end of the week, the boj holding its meeting, all kinds of signals tha

the new government in the u.s., the new president in the u.s., with the fresh approach trying to endonflict in ukraine. all in all, china's role is not crucial, but giving china a bit of pause whether they really want to help russia as much might be useful and if china were to tell russia it is better to settle for armistice now. that could be helpful. i'm not sure the emperor in had china would go that far. >> no doubt. further busy times. we appreciate your time. chief economist at berenberg. >>> coming up on the show, tesla reports its first annual fall in deliveries as fourth quarter figures disappoint. we'll bring you the details after this break. hey, can you speak french? who, me? i know a few words. if you're struggling to speak a new language, you should try babbel, a learning platform designed by over 200 language experts. it's like having your own personal language coach. babbel offers live classes with expert teachers for real world conversation practice. it's totally flexible so you can learn at your own pace and with the right practice and coaching, start speaking a new

have been cut meddling the u.s. process and can tar is giving mechanicals of dollars it think thanks in the u.s. so it is important it know that and have a clear vision of the cards on the table when they are looking at analysis in think tanks. host: the unless from your report valuable at quincy inst.org united arab emirate nearly $17 million. united kingdom $15.5. qatar $9 million, canada 8.6 million, germany 8.5 million. how were you able to track this money and how easy was it come up with these numbers? guest: it feels painfully hard. think tanks are not required to disclose their funding and when found this more than a third of them disclose tock about their funding we call them dark money think tanks. but most of those who disclose we get sort of a partial transparency this they might release the numbers of funders but no dollar amount or release some dollar amounts but you don't relevance know how much funding is coming in. but we had it scour their websites annual reports being the financial documents where

and the u.s. is essential for afghans both in the country and diaspora to heal and move forward. >> the failure to prevent or mitigate the double standards, this was probably one of the most significant diplomatic failures of the last two decades. that warrants further study. the commission's work can help families of war victims and those who paid the ultimate sacrifice to understand what happened and why. after two decades, despite all the sacrifices, they ended up under the same brutal regime that they were living under before. leaving the afghan populace traumatized and angry at their own political leaders for their profound failure. they embraced the view that their lives and faith, once again, did not matter when decisions were made in washington, d.c.. i urge the commission to review two additional areas as they look into this momentous work and undertake it. first, diplomats managing complex relations with partners. both presidents began as close allies of the u.s.. within a term in office

the u.s. president urges the fed to cut rates, saying he will speak with jay powell at the right time. >> good morning, happy friday. we will check your markets but before we do that, a redhead crossing the terminal confirming bloomberg reporting that monte paschi will end is in the process of buying in an all-share medio banker. more consolidation in the italian banking space. the details then, monte paschi offering to buy it in an all-share deal, offering 23 new shares for 10 shares. monte dei paschi offering 23 new shares for 10 shares. the offer is just over a 5% premium from the close yesterday. confirming bloomberg's reporting that monte paschi is exploring that deal to take over medio ban co. we will get details on this story for you. monte paschi is seen as the oldest existing bank dating all the way back to the 15th century. more details on that potential deal throughout this hour. let's check on some lines dropping from the telecom equipment maker ericsson, so from dealmaking to the

talking about a healthy u.s. economy, u.s. retail sales data later today.rg economics expects a strong picture. they expect the number of 0.9%. the overall estimate is that retail sales will increase 0.6% with the holiday season. a couple of factors bloomberg economics as pointed to. in terms of the u.s. retail sales, holiday shopping season, stronger car sales. concerns about tariffs in a stabilizing jobs market. another gauge in terms of the health of the consumer in the u.s. and what it tells us about the outlook for that economy, talking of the economy let's look the board and have a look at what it means, all of this in terms of the u.k. great scrutiny in terms of where the u.k. will find that growth that so far has avoided us, we will see if any growth comes through with the latest numbers that job. we get the gdp print, the expectation is for the november print you see an increase of zero point 2% after the contraction in the previous month. this is a government looking for the fastest month. we are long way from that. let's see what the data tells u

the u.s., justice is there today have signaled that they are minded to uphold a law that would ban tick-tock in the united states if it is not sold by its chinese parent company. the u.s. government argues that without a sale, tiktok could be used by china as a tool for spying and political manipulation. tiktok says it is being unfairly targeted and that the measure violates free speech. representatives of the social media platform appeared before the court on friday in a last-ditch effort to overturn a ban. president-elect donald trump has also argued against the ban. let's speak to our north american technology correspondent, who has been following this. what was said in court today? >> as you alluded to, tiktok has long framed this debate as being about free speech, and that is what we heard from lawyers from tiktok in court today. it is also what we heard from a number of young people who woke up early, lined up here so they could get into the court and listen to those oral arguments live.

u.s. riots are released from prison after being parted by president trump. the coalition from u.s. states and up with legal action blocking trump's plans to end u.s. citizenship. and cuts to farm aid and ordering the u.s. to withdraw from the world health organization. ♪ hello and welcome to world news america. i am caitriona perry. on the in president donald trump's first full day, a day after being sworn in for a second term as president, following on inauguration ceremony. on monday, he delivered on his promise to immediately sign a blitz of executive orders, among them granting clemency more than 1500 people convicted or charged over the 20 u.s. capitol riot. the former proud boys leader who was jailed for 22 years for conspiracy was released from prison soon after president trump signed the order. president trump commuted the sentence of more than 14 other people. convictions will remain on record. among those is the oath keepers founder who had been serving an 18-year sentence. join