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Apr 9, 2024
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then comes joe biden. you can look at this as something you could use against biden in the campaign. if that is the case, you have to put the onus on donald trump for having so many job losses during his term, averaging 783,000 jobs lost a year, and joe biden's gained over 4.9 million a year. that is only because you are averaging. the point is food prices went up, food prices have come down, we saw a lot of people lose jobs , those people got their jobs back. it's not really the president's fault. sonali: certainly a significant pocketbook issue, and a staggering statistic. mike mckee, we thank you so very much for your time. that was a big topic of discussion at our desk today. let's discuss this with u.s. secretary of agriculture tom vilsack. we thank you so much for joining us on a critical issue here. you think about the issue of inflation and as it pertains to food prices, farms across america, how are you navigating it? sec. vilsack: first of all, in terms of food inflation, there is a significant e
then comes joe biden. you can look at this as something you could use against biden in the campaign. if that is the case, you have to put the onus on donald trump for having so many job losses during his term, averaging 783,000 jobs lost a year, and joe biden's gained over 4.9 million a year. that is only because you are averaging. the point is food prices went up, food prices have come down, we saw a lot of people lose jobs , those people got their jobs back. it's not really the president's...
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Apr 10, 2024
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now joe biden has come out and said he does not want u.s. steel owned by a foreign company, that is the position now. a lot between the unions and nippon steel, a potential rival bid from another u.s. company for u.s. steel, so this has become a complex situation in the middle of an election year. haidi: it is the middle of an election year. can the deal go ahead despite president biden's intervention and domestic political noise? martin: when i first saw what joe biden had said, i thought the deal was dead, but it seems like reporting coming out from the u.s. is just kicking the can down the road beyond the election. people seem to be suggesting that the deal can go ahead in some form. the nippon steel deal, there are three outcomes. nippon steel can get this to go ahead, maybe after a lot of legal work. secondly, the rival takeover bid can go ahead, but there are complications as well that would create a powerful domestic u.s. steel company owning 100% of iron or production in the u.s.. and the deal might just fall apart. it does look like
now joe biden has come out and said he does not want u.s. steel owned by a foreign company, that is the position now. a lot between the unions and nippon steel, a potential rival bid from another u.s. company for u.s. steel, so this has become a complex situation in the middle of an election year. haidi: it is the middle of an election year. can the deal go ahead despite president biden's intervention and domestic political noise? martin: when i first saw what joe biden had said, i thought the...
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Apr 14, 2024
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joe biden had a meeting on the phone with leaders in capitol hill and we win this from the white house, chuck schumer, mitch mcconnell and speaker mike johnson and house minority leader hakeem jeffries, mike johnson has difficult decisions as they seek funding for israel and if israel decides to respond and this is escalatory, you will see pushback from democrats. there is in a miss amount on the line for the white house. haidi: let's bring in aaron david miller. served as negotiator on middle eastern issues. as we can see israel scored tactical success and the question is how can it turn into a strategic opportunity without courting regional war so give us more insights into that. aaron: thank you for having me. the former minister of defense, and two nonvoting members, there appears to be consensus that israel needs to respond, but divergence about the timing and scale of the response and for context, this is a long movie. the first state to strike israel since saddam hussein launched 43 scuds in 1991, sources of tension between israel and iran, they can do far more damage to israel
joe biden had a meeting on the phone with leaders in capitol hill and we win this from the white house, chuck schumer, mitch mcconnell and speaker mike johnson and house minority leader hakeem jeffries, mike johnson has difficult decisions as they seek funding for israel and if israel decides to respond and this is escalatory, you will see pushback from democrats. there is in a miss amount on the line for the white house. haidi: let's bring in aaron david miller. served as negotiator on middle...
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Apr 15, 2024
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joe: joe biden knows about that, which is why he was on the phone to try to move a funding bill that could be threatened by an over-the-top response by israel if may be any response. there is opposition by democrats to funding israel and if the bill is tied to funding ukraine, it could jeopardize both. joe biden is walking a narrow line domestically and internationally as he tries to tame the response by israel and move the bill. speaker of the house is expected to bring that to the floor. unclear whether they have a path to pass it. haidi: joe mathieu there with the latest. let's bring in jonathan, director of the middle east security initiative. he served as deputy national intelligence officer at the u.s. counsel. in many ways, the attack was unprecedented, but the way this has been structured, forward advancement of this over one week ago, how unusual was the way this played out? >> it was intentional. iranians were trying to ensure they could retaliate in a way that is robust to create deterrence against israelis. but it was not clear what retaliation would be. iran was trying t
joe: joe biden knows about that, which is why he was on the phone to try to move a funding bill that could be threatened by an over-the-top response by israel if may be any response. there is opposition by democrats to funding israel and if the bill is tied to funding ukraine, it could jeopardize both. joe biden is walking a narrow line domestically and internationally as he tries to tame the response by israel and move the bill. speaker of the house is expected to bring that to the floor....
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Apr 9, 2024
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all of this as joe biden tries have critical technology built in the u.s.. that is helping drive up the taiwan index. that is taiwan's stock benchmark. they are up about 2%. they are also climb into a fresh record high and across the new taiwan dollars mark for the first time. the other part of the market that was interesting is china's stock. thanks and china index rose as much as one was of a resent bearing gains traders are happy there are not any serious or worrisome headlines. the index is getting a boost for online gaming stops after china proved 14 imported online games. tencent helps distribute the games. moving onto japan, we saw exporters helping there as the end remains we. we are watching that for the end. it is expected that japanese authorities could intervene. you can see that japanese authorities are going to hold on before meeting ahead of the u.s. cpi data. the pushes of the dollar. we see what happens to the end then. that is on the watch. over to korea, we have the kospi index lower ahead of elections. the markets closed tomorrow. we will
all of this as joe biden tries have critical technology built in the u.s.. that is helping drive up the taiwan index. that is taiwan's stock benchmark. they are up about 2%. they are also climb into a fresh record high and across the new taiwan dollars mark for the first time. the other part of the market that was interesting is china's stock. thanks and china index rose as much as one was of a resent bearing gains traders are happy there are not any serious or worrisome headlines. the index is...
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Apr 10, 2024
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we are awaiting a press conference with president joe biden and the prime minister of japan. stick with us. this is bloomberg. ♪ [alarm beeping] amelia, turn off alarm. amelia, weather. 70 degrees and sunny today. amelia, unlock the door. i'm afraid i can't do that, jen. why not? did you forget something? my protein shake. the future isn't scary, not investing in it is. you're so dramatic amelia. bye jen. 100 innovative companies, one etf. before investing, carefully read and consider fund investment objectives, risks, charges expenses and more in prospectus at invesco.com. her uncle's unhappy. inv i'm sensing anves, risunderlying issue.ses it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock...” so, if you could change the price, change the name! it's not a lock, i know a lock. so how can we undo the damage? we could all
we are awaiting a press conference with president joe biden and the prime minister of japan. stick with us. this is bloomberg. ♪ [alarm beeping] amelia, turn off alarm. amelia, weather. 70 degrees and sunny today. amelia, unlock the door. i'm afraid i can't do that, jen. why not? did you forget something? my protein shake. the future isn't scary, not investing in it is. you're so dramatic amelia. bye jen. 100 innovative companies, one etf. before investing, carefully read and consider fund...
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Apr 9, 2024
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for a state visit including a meeting with president joe biden and speech to congress on thursday. they're expected to undertake efforts to strengthen the alliance with the u.s. and divisive issues like napalm steals takeover bid of u.s. steel are off the agenda. it here with us, this is bloomberg. ♪ ♪ >> let's talk crypto. ethereum has grabbed the spotlight after the biggest jump in more than a month. speculation to start etf's for the token, i asked caroline whether regulators should treat assets as commodities or securities. >> we need to get this settled and i would love to see us have cooperative working arrangements like we've done in the past including joint task forces or public roundtables to have a dialogue about this and how change in interpretation can have devastating impact on markets that have been in place since 2017. haslinda: the other topic is bitcoin etf's. where are we? >> it is interesting because there is a portion of the options market regulated by the state. when we look at different innovations, it is important for regulators whether u.s. or u.s. and n
for a state visit including a meeting with president joe biden and speech to congress on thursday. they're expected to undertake efforts to strengthen the alliance with the u.s. and divisive issues like napalm steals takeover bid of u.s. steel are off the agenda. it here with us, this is bloomberg. ♪ ♪ >> let's talk crypto. ethereum has grabbed the spotlight after the biggest jump in more than a month. speculation to start etf's for the token, i asked caroline whether regulators...
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Apr 12, 2024
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joe biden vows to back japan and the philippines among growing chinese influence in the south china sea. more on the joint summit next and why you should care as an investor. ben bernanke set to unveil his review of the boe's forecasting models today. michael saunders weighs in, the former member of the boe monetary policy committee, coming up at 6:45 a.m. london time. an interview you do not want to miss. this is bloomberg. ♪ kriti: welcome back to "bloomberg daybreak: europe." i'm kriti gupta in london. the u.s., japan and philippines say they are committed to free and open indo-pacific. the statement after a summit between the three countries' leaders following chinese actions in disputed waters. isabel, this is a story we have been watching as the leaders of japan and of united states meet, now bringing in the philippines. can you walk us through the need the philippines has when it comes to the south china sea? how does the summit change the game for that country? >> the overall message from the summit was very much that president biden came out with this ironclad so-called commi
joe biden vows to back japan and the philippines among growing chinese influence in the south china sea. more on the joint summit next and why you should care as an investor. ben bernanke set to unveil his review of the boe's forecasting models today. michael saunders weighs in, the former member of the boe monetary policy committee, coming up at 6:45 a.m. london time. an interview you do not want to miss. this is bloomberg. ♪ kriti: welcome back to "bloomberg daybreak: europe." i'm...
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Apr 17, 2024
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joe biden calling for higher tariffs on chinese steel. this from lael brainard, the president understands we must invest in manufacturing and we have to protect from unfair exports associated with chinese industrial overcapacity. where is the president today? annmarie: pittsburgh. jonathan: what's he talking about? annmarie: tariffs on steel. he's talking to steelworkers. you have to think that when you see a policy like this, given how much of this kind of steel is in the marketplace, it's 1% of demand in the united states. a little over $1 billion last year. they probably look at what the resident is doing gearing up for the election. trump and biden both won the state in the elections that they one, and you have to think that they worked backwards. lisa: what do you read into this from the market perspective? if it's inflation, you are not going to see tariffs like this going through in a meaningful way. if it really is this idea of economic competition between the u.s. and china, you can expect stickier inflation and this is what the
joe biden calling for higher tariffs on chinese steel. this from lael brainard, the president understands we must invest in manufacturing and we have to protect from unfair exports associated with chinese industrial overcapacity. where is the president today? annmarie: pittsburgh. jonathan: what's he talking about? annmarie: tariffs on steel. he's talking to steelworkers. you have to think that when you see a policy like this, given how much of this kind of steel is in the marketplace, it's 1%...
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Apr 12, 2024
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again steelworkers that oppose this and joe biden backs off? ed: if you have the steelworkers support this, this is something that might need to go for approval. one of the first lessons i learned in d.c. is when you are explaining, you are losing. it is a narrow window to get the support of the steelworkers but also not to have other republicans, especially the nominee for the presidency, to still blast the biden administration. the two senators you highlighted are two of the most vulnerable senators this fall representing ohio and pennsylvania. if they lose, the republicans have a majority in the senate. if joe biden loses pennsylvania, he is not reelected. there is a political story here. what we are seeing and in d.c., what peoples are telling me, the former chief of staff telling people to chill. that might be a signal we have to work out the politics but there is this continued insistence by a number of people that u.s. steel needs to remain a u.s. thomas dowd company and that is what i really highlight how important it is for the workers
again steelworkers that oppose this and joe biden backs off? ed: if you have the steelworkers support this, this is something that might need to go for approval. one of the first lessons i learned in d.c. is when you are explaining, you are losing. it is a narrow window to get the support of the steelworkers but also not to have other republicans, especially the nominee for the presidency, to still blast the biden administration. the two senators you highlighted are two of the most vulnerable...
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Apr 11, 2024
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and japan have unveiled plans to deepen their security ties, coming as joe biden hosted japanese prime minister for an official visit aimed at countering china. i want to bring in john herskovitz this morning. pleasure to have you on the program. talk to us about this agreement. talk to us about the significance of it. this is historic in a lot of ways but why? john: this really resets the u.s. and japan security alliance which states back decades. it changes the way the two militaries can operate jointly in japan. it's called operational command. it is something like in south korea where the u.s. and south korean forces can work as one unit under a joint command. at present, u.s. forces in japan have a command structure that is set up with indo pacific command in hawaii. what this too would integrate the u.s. command into japanese command and have the two militaries be able to work together to counter any threat and bring the two forces into much greater alignment. so that's the big picture. there's also a lot of other parts of that which include information sharing, training exercise
and japan have unveiled plans to deepen their security ties, coming as joe biden hosted japanese prime minister for an official visit aimed at countering china. i want to bring in john herskovitz this morning. pleasure to have you on the program. talk to us about this agreement. talk to us about the significance of it. this is historic in a lot of ways but why? john: this really resets the u.s. and japan security alliance which states back decades. it changes the way the two militaries can...
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Apr 11, 2024
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they don't want to joe biden and for don't want donald trump. if they start cutting rates, who is going to talk about them? everybody. jonathan: hot inflation prints to start the year shaping the financial markets. virginie maisonneuve of allianz global markets, she sees a more stable inflation picture in europe and inflation destabilizing in china. she is with us now. can we talk about what happened yesterday, why the mag7 outperformed on a day went bond yields were up double digits around the curve? virginie: it might be positioning of people taking advantage of uncertainty if they don't have enough tech in their portfolio. i think the mag7 is not particularly where you want to be. you have to look at tech overall and bet on quality trump -- strong balance sheets. cybersecurity and the impact. i think on any retreat -- he to restart your portfolio you don't have enough. yesterday's move is an aberration. jonathan: people have been hungry for the rotation, looking toward small caps, away from the mag7, more cyclical themes. looking abroad as we
they don't want to joe biden and for don't want donald trump. if they start cutting rates, who is going to talk about them? everybody. jonathan: hot inflation prints to start the year shaping the financial markets. virginie maisonneuve of allianz global markets, she sees a more stable inflation picture in europe and inflation destabilizing in china. she is with us now. can we talk about what happened yesterday, why the mag7 outperformed on a day went bond yields were up double digits around the...
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Apr 9, 2024
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president joe biden has out loan -- out find his plans to forgive student loans. his plan b would see loans reduced for millions or wiped out for millions of american. the proposal is expected to face challenges in court that could stretch into the next year. the records keep coming from within's basketball. john the record audience. espn saying that the numbers peaked around 24 million viewers in the second half. those numbers are expected to rise later today. the most viewed basketball game, pro or college the men's championship five years ago. i do not think you can overstate what she has done for women's sports. lisa: that is a wise way to take the story. we are supposed to talk about london and how powerful her performance is. it is not just simply the other choice that is there as some sort of messaging, it is actually the main story, and that is wonderful. annmarie: i love when the south carolina coach came down and said, i'm so glad that we won, but thank you, caitlin clark for bringing all this enthusiasm for the sport. >> should probably take the committ
president joe biden has out loan -- out find his plans to forgive student loans. his plan b would see loans reduced for millions or wiped out for millions of american. the proposal is expected to face challenges in court that could stretch into the next year. the records keep coming from within's basketball. john the record audience. espn saying that the numbers peaked around 24 million viewers in the second half. those numbers are expected to rise later today. the most viewed basketball game,...