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June 21, 2024
In delivering on what we said we would do. We cant control how mr. Putin thinks, but what we can do is say to mr. Putin, if you continue on the path of arming separatists with heavy armaments that evidence suggests may have resulted in 300 innocent people on a jet dying and that violates International Law and undermines the territorial integrity and sovereignty of ukraine, then youre going to face consequences that will hurt your country. And there was a lot of skepticism about our ability to co...
June 21, 2024
Welcome to countdown. Back to our top story. Eu leaders have given the European Commission a week to draft a new round of sanctions against russia as the conflict deteriorates. Worried the situation could get worse. I think we are close to the point of no return. The point of no return is fullscale war. Lets get more of this. Ryan chilcote has been reporting on russia for 20 years. Thats a long time. It is. Are getting really busy. We heard the ukrainian president. We also heard from the russian...
June 21, 2024
Yes you are. Where are you . I am at the conference in midtown. Bloomberg justat dont want us together. All last week you were in vegas. Now i am across town. I just set down with mary jo white. I will share that interview with you in the next hour. We are going to be speaking with some of the smartest minds and biggest voices in terms of regulation. Forward to it. We will talk with greg fleming from Morgan Stanley. I want to get everybody started with the bulletin. The cost of being too big to ...
June 21, 2024
That says that Fund Managers benchmark. Eight the how much of europe they have over the normal recommendation about 4 . Of that is the lowest exposure of europe in 15 months. Equity markets are opening lower. There is one story that finally has arrived and we have the numbers. It is the Foreign Exchange investigation which bloomberg started. It is a day of reconciliation in terms of the numbers. 3. 3 billion the u. K. , switzerland, and the united states. It could be up to 5 billion and globally...
June 21, 2024
Welcome to countdown. It is just 6 00 here in london. Hong kong police are using to takedownnd makeshift barricades. It comes off to the hong kong ceo warned he was losing patience with the demonstrators. We are joined live a from the protest site. Give us the latest. As you can see behind me, traffic is flowing in both directions. This is something we have not seen for 17 days since the protests started. The protesters had blocked off of this road. This is one of the main thoroughfares leaving ...
June 21, 2024
Countdown. The World Leaders are gathering in beijing for the annual apec summit. There is a lot more at stake. The health of asias economies. It might determine the course of political stability in the region for years. Will meetnt obama with the chinese president during his visit to beijing. But the two leaders will be competing for interests among the other apec nations in a game of out of offer and counteroffer. Owni will propose his proposals and will breathe ceos on the benefits of a stron...
June 21, 2024
European bloombergs headquarters in london, i am francine lacqua. We are getting pictures of u. S. President barack obama speaking at aipac. President obama saying the u. S. Is committed to the asiapacific region. He is talking to a crowd of ceos about the u. S. Economy saying that it is primed for sustained growth. He was also talking about these and visa arrangements. He is talking about what we heard from the chinese president. We will have more from that apec summit throughout the morning. E...
June 21, 2024
Chris good morning. You are watching the pulse. I am guy johnson. We will both be here tomorrow. Oil is plunging and gas prices are dropping. Angelae chancellor merkel is hedging. She was sure german Auto Industry is becoming a leader in electronic vehicles. Shes laying get out today. Right now in berlin is where she is talking. Hans nichols is in berlin to talk to us about what Angela Merkels goals are. Electric vehicles and she sees this as a big driver for germany. Excuse the pun. We can do p...
June 21, 2024
Im francine lacqua. We are getting breaking news out of italy. Possible qe next week in terms of that inflation figure that is due out any second. Weve already had a lot of macro news affecting the euro this morning. Though it actually hasnt affected the euro in terms of where the currency is trading. A little relief for mario draghi. The European Court of justice has given a favorable opinion on outright monetary transactions, seen as a precursor to the qe plan that many people believe draghi w...
June 21, 2024
We know judgment day for greece. Were starting to get a little bit of leaks i guess of what is in the plan not to roll back privatizations. And they are also more strict on the budget. This is not the full and complete plan but what we have had leaked to us thus far. We are watching carefully how the banks are going to react to all of this. The outflows have been fairly spectacular. Is this enough to stem the story . Lets go to Erik Schatzker, our colleague in athens. So were starting to get an ...