35 Burst results for "APEC"

Election 2020: Biden's VP Pick

People of the Pod

05:47 min | 2 months ago

Election 2020: Biden's VP Pick

"There's plenty of general reporting out there about each of the possible women who Joe Biden might pick to be his vice president. We're here now to understand the Jewish angle for each of these impressive women to learn what American Jews should know about each of these candidates that might make them more supportive or concerned. So we're going to go one by one and get the Jewish angle from our guest Jacob Corn Blue, the national politics reporter for Jewish insider. Jacob. Thank you for joining us to be back. Let's start with Comma Harris a former candidate for the Democratic nomination a popular senator from California the State with the second largest Jewish population in the country. What's the Jewish angle on Senator Harris? First of all, she married to a Zionist of that Iraqi gets her a Jewish scientist. Yes. So that gives an upper hand in this Jewish of IPE stakes I think that Kamala Harris gives a lot. She adds up to the ticket number one just because she was a popular candidate and people. So her at the start as a rising star and somebody who can really take this to the very end unfortunately it for ourselves she didn't win the primaries should take on. Joe. Biden pretty early which gave. That rise in the polls in the only of twenty twenty. I will say that Biden. Biden comes to see who is preferred choice for Veep Kamala Harris has a big name recognition. Is Obviously arised star and her background, a label as being a black woman from California. But was so high tides in the Senate and in the Jewish community. So the pros are out. The cons are that I'm not sure Biden Israeli looking for someone on the ticket would potentially overshadow him not because Harris Donald understand that if she's on the ticket, she's number two and she's there to serve the presidential nominee and possibly the president. But Because Camera Harris ran on the same slop because she is a bishop you know she can overshadow him in media appearances and potentially as vice president of being a little more independent and vocal than let's say, Dick Cheney and pence on camera beyond the you know the happy coincidence of the Jewish husband is there anything in particular that Jews should know about Senator Harris is policy stances? What has she? Done on issues Anti Semitism, what has she done on supporting Israel, other issues of concern to the Jewish community I guess close ties with APEC obviously. She's spoken at several APEC conferences but she also appealed to the mainstream of the Democratic Party She's not seen as a controversial figure amongst progressives say as someone who is too pro Israel for them she will reflect the same policies that Biden Obama and. Anybody, else running a Democratic Party other than on the an Warren's she would you know align herself with the second policy views? So I don't think she's outstanding. She's not too long in the Senate to look back at a record by think, she has a strong provisions record and she is aligned itself with the mainstream of the Democratic Party next, let's talk about political MIA fights, Susan, rice, Susan Rice served. As US ambassador to the UN in President Obama's first term and his national security adviser in his second going even further back in time actually I think I think she was the youngest ever assistant secretary of State She was you know thirty three or something like that when President Clinton in Nineteen Ninety eight made her the system secretary of State for Africa what did you need to know about Susan? Rice. Well Susan Rice first of all is A. Mixed emotions about Susan, Rice obviously, she has good ties with prominence numbers of the Jewish community and she has a record serving as national security adviser and embassador to the UN on their Obama Democrats SAPORTA. Mostly Obama's policy when it comes to how other than the last UN Security Council. Two, three, three, four, a resolution, and just mind our listeners about two three four why that was controversial. The only time when Obama. ABSTAINED ON APRIL then. All on settlements that you know really couldn't dent on Obama's record when it comes to a majority of American Jews talking about Republican Jews, all those. In Israel who soul Obama as being the more salt when it comes to the Palestinian issue. But Susan Rice obviously had a this overlap from being a national security adviser and the to the UN. Obviously, she was a controversial figure on this front. She was criticized by Dennis. Ross by the full hug combative style. When came to the Palestinian issue on the other hand, she has very strong ties with somebody like a Fox who is very vocal in his pro Israel stats

Senator Harris President Obama Joe Biden Susan Rice Assistant Secretary Israel Vice President UN Jacob Corn Blue California Democratic Party Senate Un Security Council Apec Harris Donald President Clinton Senator Reporter President Trump
Stocks plunging anew on virus fears and oil price crash

Bloomberg Daybreak: Europe

04:17 min | 8 months ago

Stocks plunging anew on virus fears and oil price crash

"Are the oil markets have crashed more than thirty percent off to the disintegration of the APEC plus salons is triggered an all out price war between Saudi Arabia and Russia at the opening of Asian trading Brent futures tumbled the most since the first Gulf War Goldman Sachs is when prices could drop to near twenty dollars a barrel well let's pick up on that with the Bloomberg reporter Ameri Holden who joins us on the line from New York studios Sir I'm ready good morning let's first will what is why is this happening fundamentally what is going on in the markets good morning while this comes after that disintegration of the OPEC plus meeting and really the break up of the group they didn't even decide to roll over the cuts they decided on in December and really you as Bob McNally puts it Riyadh is furious and they tend to teach Russia a lesson by crashing these oil prices so you saw over the weekend Aramco went out and they cut by the most in ten thirty years on their on their crude prices that's gonna have a rollover to fact to all the other Gulf producers and Russia's going to have to respond and you saw the price collapse and and this is something that even in the thirties any Russia has definitely less smaller breakeven than Saudi but even the thirty these are numbers that's going to even have president Putin start to worry and the idea is to try to push Russia to come back to the negotiating table but it's very risky this is very risking we're seeing it affect not just the oil market this is going to have this is going to affect every part of the global economy yeah absolutely I mean it could basically savage national budgets I mean all of the national budgets of the big oil producers but that is a tough because you say that Saudi has used before though not to this extent I mean it's a very difficult time for it to make this move yeah and that's and Morse put it really well this is different than everyone keeps comparing it to the price worth two thousand fourteen but this is different this is the first time ever we're gonna have significant over supply from the producers at coincides with demand Shockley of complete demand destruction so while we don't have the demand out there which we saw from Asia now we see it in Europe and the U. S. as the court of ours fears continue to extend flights are grounded towns quarantine kids are staying home at school now we're going to have on top of that demand destruction the fact that these producers are just going to start to ramp up their production the Saudis are producing someone in the nine billion million dollars about range they're signaling to the market that they are going to go to ten and then potentially to their capacity which is twelve million barrels a day that is something that is scary but I think for the problem with Russia is that they went into this meeting that willing to do something if it was tiny but I think it was personal and logistics personal front they don't want to be put in a corner I think that ultimatum was a bit scary for them given the fact that they don't want to set a precedent to pack it was really interesting because OPEC released their own press release that that first day and usually they would wait for Russia to come to the table before they say what they're even interested in doing so they really backed into the corner and clearly put did not respond well to that secondly many are talking about the fact that I've talked to a lot of traders and hedge funds going into that meeting saying that Russia just wants to put these low cost producers out A. K. A. shale and Bob McNally from rapid makes another really good point talk about the fact that what Russia could do is that they start to boost production and then come back to the table when they do ultimately cut it's going to be from a much higher level to their end of may be able to maintain a bigger market share Annemarie I suppose briefly there's always the possibility China signaling very much that it wants to come back online trying to re engineer its economy back into normal I mean that could be a resurgence in the Mumbai gas yes and they're going to be winners from this any low oil prices is definitely going to be good for consumers around the world kind of course being one of them the world's largest oil importer to their recovery from the virus will be key for the global demand and cheaper oil prices will clearly help them also it'll help US consumers US consumers at the gas prices at the gas pump and really consumers around the world the problem with the U. S. is that it's going to be short term gain and I think long term pain if this goes on for longer because as city says the shale breakeven is forty dollars about we're ready in the twenties on WTI in the thirties on Brent so this is going to be a big alarm for Texas in the

Apec
Oil prices climb ahead of OPEC meeting to discuss supply cuts

Bloomberg Daybreak: Europe

03:41 min | 8 months ago

Oil prices climb ahead of OPEC meeting to discuss supply cuts

"But let's also talk about one of all of the stories this morning of course which is the APEC plus ministers meeting in Vienna emergency talks that own oil output and also the white at price in the market said this and said the IHS Markit says the old amount is actually headed for its worst ever quarterly drop in prices slumped twenty percent this year alone and yet Saudi Arabia and Russia remain split over the prospect of deeper production cuts as the current of always weakens global to Montel we joined this morning by the banks and me who died he was in Vienna for us good morning Ameri great to speak to you look it's it's quite typical isn't it it's a Riyadh and Moscow often quite Varma Paul to heads of the me saying what channels do you think that a deal without if you get done yeah that's exactly right we've seen this dance before this negotiations drawn out between Moscow and Riyadh they basically been turned out all of February because remember Riyadh wanted to move up the meeting an act urgently the question is as you say is this smoke and mirrors to try to surprise the market or is it a real serious split what we know right now is that Moscow could be more partial to just a rollover of the current supply cuts the ones that they've already decided on Riyadh wants a deep and them to one to one point five million barrels a day what's clear from the market is if they don't cut deeper we could possibly and definitely see actually definitely see a selloff in these oil prices in the Emory I mean is this a situation where unity will hold whatever comes out of this will everyone stick with it yes what happens in the OPEC buses they do normally stick to it kind of it's a bit of a fudges has they think is the best way to say Roger and I say a bit of a fudge because mostly what happens is Saudi Arabia and some other countries notably like Libya which is offline pretty much at the moment Venezuela they'll make up for some the deeper cuts that other countries have cheated in the past notably Iraq and as well as Russia Russia for sure has been the big winner at this whole OPEC plus deal Putin has been able to maintain this present in the Middle East is given a lot of Middle East clout on top of that financially they've been the beneficiaries of this club because Dave born much less of a share of these cuts than Saudi Arabia so Saudi Arabia note most notably like last time we'll just take on an extra burden because they want to see the prices pop Saudi Arabia needs eighty dollars a barrel about to budget their books while Moscow can do it on forty yeah absolutely is that price differential isn't that is so important but look is it is also a kind of an unprecedented moment isn't it this is a shock to the world economy because of coronavirus and that food to the oil market so it is kind of unprecedented to it's completely unprecedented we have flights canceled schools closed towns quarantine we're seeing serious demand destruction for only the fourth time in almost forty years oil consumption may not grow at all this year that's what some of a growing group of traders investors and analysts keep saying and Goldman Sachs this week first major of the Wall Street banks to forecast a contraction in demand this year and then you look at also wider picture not just the oil price what does it mean for the sector in Europe only five percent is made up of energy shares in the stock six hundred the benchmark index in the United States we had the sector in a bear market and this morning Jefferies put out this note that I just love because I'm a Yankee fan they say it's at the nineteen sixty two Mets let me tell you what the nineteen sixty two Mets did as a baseball team in New York yeah they lost a hundred and twenty games only one forty that's like the worst known team in baseball history and Jeffries is just saying we're done with it or J. and that's where the world

Apec
Netanyahu's future still uncertain after Israeli election

Pod Save the World

05:58 min | 8 months ago

Netanyahu's future still uncertain after Israeli election

"Let's turn to Israel. This week is rarely voters went to the polls for the third time in a year. Yes a year So first of all of the results that ninety percent in the last time I checked prime minister bb. Netanyahu was winning and projected to win fifty nine seats in. Israel's parliament the Knesset so that's good news for bb because he's five or six seats ahead of any guns from the blue and white party whose his chief rival but it still not be enough to end this electoral purgatory citizens. And here's why so. Israel's system is not like ours. You don't win the election. And then you're in charge. You have to build a coalition that controls sixty one of the one hundred twenty seats in the Israeli Knesset in the last two elections and Netanyahu Angolans have failed in that coalition building task So now they're gonNA try again. Ben Is pretty depressing. That voters didn't care about the fact that Netanyahu is going to stand trial in a few weeks on corruption charges in fact. Bb has gained votes since the September elections so cool. It's also depressing for those of us. Who WANT A two states solution in Israel because both candidates out there talking about annexing the West Bank? Interestingly an alliance of Arab voters did well in selection and They're now the third biggest party in Israel. So That's interesting chaining dynamic but you know in the near future. I think a lot of people worried that Israel is careening towards a constitutional crisis or even a fourth election because bb is about to stand trial and will likely demagogue and say fake news and say it's a witch hunt to get him just like trump because they're the same person. Yeah and I feel like we've had the same conversation now. Three times And this question will be. Can he can form a coalition get to sixty votes He may need the help of avenue or Lieberman Israeli politician. Who's kind of become quite An ENEMY OF BBC. At least in in that case you know we could return to one of the formulas that we talked about in the fall. Some form of unity government or agreement where they rotate as prime minister's all this is pretty bleak because Israel can't break this logjam. Bbc poising their politics with increasingly extremist positions. You know we've evolved in the third election. All the way to the fish in the West Bank Each election it kind of gets worse in terms of BB's platform on the Palestinians It speaks Not just the polarization in Israeli society in that. Bbc has kind of a big media apparatus and demagogues the opposition. But also you know Benny. Gones is just not a good politician. You know for those who don't follow as closely like you know he's a former military guy kind of the centrist who could be a you know a safe space for a bunch of different parties but political talent like he he he didn't wasn't a natural communicator. And I think the only way for the CENTRE-LEFT WE'VE IN THE CENTER. I guess in Israel to really break through is that they're going to need someone with more political chops at some point. They're going to need a leader or you know grassroots movement combined with lear that they can overcome bb's support which is not a majority of the country but is a strong minority in enough to kind of hold the line here in prevents someone else like. Gods from winning so You know we could be headed towards a messy coalition politics in some bizarre unity government Tumbled over whether these indictments against bb go forward. In any event. I think the situation with the Palestinians is very grim And is really politics until bb can finally exit stage right here. And hopefully the center of the centre-left can get stronger leader. We're going to be kind of stuck in this place. Maybe they can borrow one of our. Amer candidates primary speaking of which Last week we talked about Bernie Sanders decision to skip the APEC conference. The Big Pro Israel lobby conference so At that that this weekend the Israeli ambassador to the UN Danny Danon said we don't want Sanders APEC. We don't want him in Israel. Anyone who calls our prime minister a racist either a liar. Ignorant fool or both which is very charming The CEO of a pack hard core also obliquely accused sanders of demonizing Israel. Nate that gave Mike Pence a platform to smear Bernie into Democrats side. Israel's enemies so it was nice of these folks to almost immediately prove that Bernie's fishing was a wise one. And I would suggest everyone listening that if you want a vibrant democratic Israel Checkout Jay Street. Yeah Yeah it to me. The the biggest problem here right is the the massive red carpet that they roll out every time for bb and his biggest goons and for like pants and Mike Pompeo and these guys and then you know they they have some democratic members of Congress. We've always gone to a pack. And they they try to claim. This broad bipartisan view of things. This is not on the level here. You know APEC wants to be able to put the bipartisan stamp of approval on itself while relentlessly over the last several years. Supporting the agenda of the Likud party in Israel and the Republican Party in the United States relentlessly attacking Barack Obama. Frankly putting us in this shitty situation that we're in where we pulled out of the Iran nuclear agreement so actively harming US interests with the end of the Iran nuclear agreement and then complaining that people don't show up at their conference. I mean come on guys like And then you know dunking on everybody because a bunch of other candidates like send videos like the. I hate to break it to you. The people send videos to a lot of things. Right also is a racist. I mean he's he's says racist things on the regular choice last laws that devalues human beings who happen to be Arab. Yeah yeah I mean and and every election we get this rhetoric about the Arabs voting is in an inherently bad when they are citizens of Israel. You know so Like I I'm I'm kind of you. Know over this debate We'll keep watching the election

Israel BB Prime Minister Bernie Sanders BBC Netanyahu Apec Israeli Knesset Knesset Likud Party West Bank BEN Lieberman Gones Iran Mike Pompeo Benny Republican Party Lear Danny Danon
Why Front's Series C matters

Equity

09:11 min | 9 months ago

Why Front's Series C matters

"I'm Alex Wilhelm and once again I have have denny Crichton with me Danny how are you doing. I'm doing awesome. That is that's enthusiasm. You are back in New York. I'm in Providence and I have to say I've I've had enough of this shit. I want some summer but the good news is despite the terrible weather and the time of the year. There is a gazillion things to get to. So I'm going to skip the usual faffing about and jump bright in. I'm going to start the show with front which I need you to explain to me why this particular funding round was such a big deal. Right you'RE GONNA kick off the entire show that so start with why. Hi the Health Care Front. Raise fifty nine million dollars in series C and Here's here's the deal. They didn't have a lead. They had no investors. There no lead V. V. C. WE KNOW Vision Fund. No no sequoia. Although Sequeira did the series B. on they actually lead with a couple of really prominent be to be CEO and founder so lasting Cassia and founder Mike Cannon Brookes octa CEO and Co founder Frederick Harassed Multiplex Co founder and CEO. Ryan Smith Zoom CEO. Eric Yuen. What's interesting here here is is? We're getting to these late. Stage growth rounds at a time when there's more growth money than ever and basically said now we're good we're just gonNA take from really prominent angels. Who all of that exited you know? Kind of startups and. So what's interesting here is twofold one is one the dynamic. VC industry which we can talk about more but to actually kind of the strategy here of front is a B. Two B. Product Arctic. Selling to other kind of B2B startups and so by taking this money from other kind of B. Two B. Sales centered Start founders and see IOS. They're really kind of like buying. I'm from their own customers so to speak right synchronicity. That's connecting the two together. So the fifty nine million dollar round had no lead. VC there was no like Kleiner liner coming in here right in the big check. I'm curious do you think that the disease that previously invested got pro rata in this round or do think it was all just money from these I guess executives turned angels. I think they've got Harada me. I don't think it was in the press. Release that they did but I am sure they did. I'm also not entirely clear that these folks took the entire round. I mean there could have been nate. Twenty or twenty five million dollars slug from around that was announced yama funding from a farm that was announced But nonetheless like the fact that it was positioned this way If you imagine in ten years ago this sort of round first of all wouldn't exist but this ground where we would said Oh a bunch of angels came in late stage. It'd be like well. This company must be doing terribly wrong Novi. ABC was willing to lead the round. Things have changed so much. That founder can literally say God. We got a couple of individuals around at the party. At the craps table they put in fifty nine million bucks. We're going wow unbelievable. They said no to everyone. It's amazing change in time. It is but also I'm kind of embarrassed by the number of people I know on this list. Like I know Frederick a little bit I know Ryan a little but I know Eric a little bit. I think I've met J. I mean I think I need to change industry industries because the the same eight people keep coming up. That's embarrassing to me. I need any new friends. Let's talk about what the company does front is be messaging kind of calms thing. It looks like email works for teams. I'm assuming this is kind of product aimed at customer support customer success kind of groups. Yes affront fronts. Innovation was really for a lot of top companies they have an email like support at techcrunch dot com or press at at Google Dot Com. Which is actually how we reach out to right? And so when that goes into Press Google Dot com on that actually gets centered and moved around the the thousands of people who are in Google Google to figure out how to respond to it. So if he's coming from an ad tech crunch email address like from us he goes to our tech crunch contact if it goes to APEC Asia. Pacific it'll go to someone who's live overnight overnight overseas and so basically thousands of people are accessing the same email inbox and so. Have you ever tried to do your own inbox with g million. No it's basically impossible with one goddamn person on the box. Now you had an hundreds of people all of whom are interacting with the same emails etc and suddenly. It's just a complete mess front. Took that and said Hey. What have we built in box from? Scratch zooming that. There are thousands of people or hundreds of people reading the same tickets reading the same emails. And how can we respond to it. Really really effectively. Huge problem tons of companies have it. They've been super successful. It's only a couple years old and what's interesting is actually the the founders are French It actually has a large Parisian office one founder Laurent Had A decade and enterprise. And then WHO's also female be to be founder of rare breed unfortunately in the industry who CEO up and she. She kind of came out of her master's disagree in two thousand twelve and dived into this and front. So it's a five year. Old Company raised one hundred thirty eight almost one hundred forty million bucks. An insane amount of money ended the speed was raise capitals crazy because their series of ten million was back in May of two thousand sixteen. Then Bam sixty six million early eighteen and then two years later fifty nine million so really. It's pretty frontloaded or backloaded. I'm sorry to kind of where we are in time now. I'm curious to see how much more capital they'll need to scale this to IPO. It's already kind of there. But certainly a lot of star power a lot of customers on this new investment and. I'm kind of curious that this is a trend that will see a flex from companies. That were so hot. We don't even need venture capital all the real stars of our industry the money in It's certainly a new way to approach it absolutely. I think one of the key lessons here at least for me was a company that really figured out product market fit super early on You know if you look at it was founded Five years ago it took two years to build out so uncork. Capital is sort of a firm that argues it focuses on product market fit. They raised three point. One million seed in October two thousand fourteen and then once they sort of got this product market fit. And it's sort of obvious today but looking back in time the idea that there d the SASS product to fix this team oriented email. inbox was sort of not a concept of. Now it's just scaling right it's all sales scaling And so we're seeing the rounds. Get faster and faster. Because they're repeated you you know the sales are repeating assuming the growth is repeating internally. The numbers look great. It's sort of classic SAS business I expect us to see as one hundred millionaire our club as you call it hopefully in the next year or two that there hasn't been announcement around the revenues but I expect it to constitute here about their W. two and a half year over year now has a pretty quickly quickly there probably. I Dunno just guessing. You're twenty thirty million era or somewhere in there and they'll be largest soon enough. Let's talk about the couple world through a different Lens. Though you have been looking at Tau really large funds cutting smaller and smaller Jackson. We're talking about funds at have billions in assets under management writing five seven million dollar checks which seems to make no oh sense. According to the old model of larger funds larger textile works otherwise. They can't really disburse the capital. But that's changing and I want you to tell you why because to fascinating fascinating kind of like nuance about today's venture capital market. Absolutely free front is a great example of this right. So here's a fifty nine million dollar check that no growth stage investor mister. WHO has a billion dollars ready to deploy was able to invest it and so we're seeing once again The largest funds billions of dollars. We had we talked about last week. Show I think we had twenty-one fundraisers that were over five hundred million last year. It was ninety one somewhere in that category so a ton of money deployed and so the idea that you would do early. Stage investments is nuts. Because you can't deploy million dollars a thousand times a year and so the challenges is like. Why are people doing this when I started asking if he sees the answer was well once the the cap tables in the series B and D are out there? They're locked it in a sequeira already in the a benchmarks already in the a founders fund the and they have the capital to deploy in the B A C D E F g all the way through the Sesame Street Alphabet All the way through and so by the time you get to the D. you have no access or in the case of front. No one had access suicide. Basically you have to lock in earlier in earlier and so even if you're the Softbank Vision Fund you WanNa throw four hundred million dollars in series d you have to be in the seed or the series. He's A to start to lock in that Barada to start locking in those early ownership rights. It just gives you more ball control later on because other people are going to kind of knock you out of the way to get around in place and so there's sort of this paradox. Where we're seeing? You know the the largest latest stage funds doing the smallest early stage rows and so that that was a really interesting dynamic that we haven't seen before yeah and the one thing to keep in mind that when I was learning about the BBC World you know maybe a decade ago. Now I was always told that if you couldn't find a new lead investor for the proximate round the next one. It was a very bad signal because it would imply that no one else in the market one to lead your Siri seafood areas to be and having Europe preceding investors. That were leads lead. Your next around was a very bad thing. Now it's entirely flipped on its head because capital is sufficiently unscarred so ample so much flowing around the people want to stay in a company. Preempt preempt that next round they want to lead be and then the as much of the capital to work as they can on a winner to ensure that they can return enough capital to make their large fund contractive enough to raise a second one. So it's a facet of there. Being too much money in the market is certainly a change. Compared to how things used to work it's actually an inversion but it just goes to show how in twenty twenty the way the world works certainly is at least in my experience new. I'm maybe it was like this back in the late. Ninety something but certainly it feels like a new chapter and I presume zoom. Welcome back to what used to be normal when there's less capital around but I don't see that happening for the next eighteen twenty four thirty six months so this this is the way it's going to be Danny presented for the next while.

Founder CEO Eric Yuen Danny Ryan Smith Founder And Ceo Health Care Front Google New York Providence Alex Wilhelm Vision Fund Denny Crichton Sequeira Harada Novi
Cardinals Trade Details Trickle Out

The Mungenast St. Louis Honda Sports Open Line

00:56 sec | 10 months ago

Cardinals Trade Details Trickle Out

"But the cardinals trade details have trickled out first reported two hours ago by Jeff passing of E. S. P. N. that the cardinals were acquiring left handed pitching prospect Matthew Lipitor from the Tampa Bay rays and we learn the extent of the package passed in St first ten minutes ago Jose Martinez Randy Rhoads arena go to Tampa Matthew Lipitor and low level catching prospect coming to the cardinals teams are swapping comp picks gotta love the cardinals gonna come pick this year cardinals APEC going to Tampa to be picked coming back to Saint Louis so what may seem on the surface like a deal that in its essence wasn't a block buster and took a while could mean that some dominoes are

Jeff Passing E. S. P. N. Cardinals Matthew Lipitor Apec Tampa Saint Louis Tampa Bay Jose Martinez Randy Rhoads
Sino-U.S. spat over Hong Kong knocks world shares off 22-month high

Bloomberg Best

00:32 sec | 1 year ago

Sino-U.S. spat over Hong Kong knocks world shares off 22-month high

"In terms of the Senate unanimously passing a bill aimed at supporting protesters in Hong Kong this passage has triggered retaliation or at least a reiteration of the threat of retaliation from China if this bill is moved forward and that has helped to take equity markets in the APEC region from their best levels of the day right now in Hong Kong the hang sang is down six tenths of one percent the C. S. I. three hundred is weaker by half of one percent in Tokyo the Nikkei down eight tenths of

Senate Hong Kong China Tokyo Apec One Percent
Wall Street retreats from record on trade cloudiness

Bloomberg Daybreak

05:09 min | 1 year ago

Wall Street retreats from record on trade cloudiness

"Futures taking a hit this hour is the trade war ways on sentiment closer sources close to trade negotiations telus Chinese officials doubt that a long term deal with the U. S. is possible for more details we're joined from London by Brandon Murray who is in charge of all things to trade at Bloomberg news Brenda good morning what art Chinese officials saying exactly and isn't much different from what they've been saying up to now well we're gonna hear a lot in the next couple of weeks about this so called phase one deal that the US and China say their they expect they'll be able to sign but what we're not but what this reporting shows today is that basically it's going to be one and done that the Chinese are not interested in addressing the the broader sort of structural issues with its economy that the US is pressing for so where that leaves us is a trade war that just kind of goes on and on until the other side caves and neither one is willing to do so at this point yeah I just spoke with Stephen reshoot L. of Mizzou whole who is terming this a new trade Cold War and one that in many ways the business community has already adjusted to so where does this leave things now if we are headed toward this is sort of long term impasse between the world's two largest economies it leaves both sides with their key demand on the table China wants the US to roll back the terrorists that are already in place and the U. S. wants China to move more toward a a market led economy and neither one of those neither one of those sites appear willing to give those things so what it means is we could see the the economies of both countries the U. S. is is grinding lower to two percent sort of rate in China just recently rate reached a a six percent rate which is pretty slow for its past couple of decades so we could just continue to see this sluggish you know kind of growth that we've seen both companies decelerate to going on indefinitely as long as these to trade war weapons that they're both sides have are pointing at each other continue to be part of the picture of course we saw yesterday the phase one trade deal at least to getting over the finish line thrown into doubt now that the APEC summit in Chile is canceled in this atmosphere of a potential long term trade impasse does that put this phase one deal into doubt now it does it it definitely puts the timing of the phase one one deal and the law and the location of it they don't have a location for the four presidents trump and she to get together and and sign phase one so we're still waiting to find out if that means they're going to wait a couple months and and meet somewhere else neutral territory perhaps but if if the both sides are pretty confident that phase one which is really just a superficial stuff could can get done but beyond that as our reporting shows today there's really little appetite on either side to to go much further yeah and in terms of that I mean where could we potentially see cracks in some of those long term is sticking points things like the terrorists is there a possibility that the U. S. might make some concessions on tariffs that could leave the Chinese to budge in some way on their end the one pressure point that the that's really weighing on Donald Trump and the U. S. economy generally is that business investment is really being hurt by all the uncertainty that terror created we've had a couple different a couple consecutive quarters of capital spending declining some of the economic numbers showed us this week the consumer meanwhile is staying pretty strong so if we continue to see that that businesses are continue continuing to a delay high and delay investments and that continues where the comet that could become a point where Donald Trump decides you know what let's let's you know get back to the table and try to offer some concessions then our last minute here are we hearing any discussion on these longer term issues the structural changes that the US is looking for are those actually being discussed I mean we we hear that Chinese officials are discussing among themselves that they're not willing to budge but are those issues on the table right now they're not on the table for phase one and what were reporting today is that China isn't interested in them even in a phase two unless the U. S. rolls back terrace so the longer term stuff is really being pushed out into the future and whether we get to those it's it's increasingly looking unlikely that that those will ever come or you know next year so say that those are ever going to happen Bloomberg's Brandon Murray with an important scoop on our trade team and this morning Brennan thank you Brandon Murray is in charge of all things trade for Bloomberg news he joined us from London

Six Percent Two Percent
As Protests Persist, Chile's President Cancels 2 Major International Summits

The World

00:56 sec | 1 year ago

As Protests Persist, Chile's President Cancels 2 Major International Summits

"Presidents of us down pinata of Chile has counseled the hosting of two summits because of the severe social unrest this continuing to run the country the Asia Pacific APEC trade summit was to be held in a fortnight's time and was expected to witness the signing of a trade deal between the US and China the annual U. N. climate summit was to begin in December a South America correspondent Katie Watson has more given the protest says showing no signs of stopping it's about ten PM I thought this is the only way to feel to focus all his problems by cutting he said as much in a statement he likened his problems to a parent who is struggling with problems of family in the family comes fast he said as a president the two men people come for us you need to resolve issues closer to home but he's tried to increase wages increase pensions changed cabinet but suddenly Chilean protesters as saying you know

Chile United States China Katie Watson President Trump Asia Pacific Apec South America
Protests force Chile to scrap Asia-Pacific and climate summits

Bloomberg Markets

00:12 sec | 1 year ago

Protests force Chile to scrap Asia-Pacific and climate summits

"Hall Chile has canceled the APEC summit that was set for next month in Santiago in a wave of protests and riots president Sebastian Pinera says his country won't host the U. N.'s climate change conference in December

Chile Santiago Sebastian Pinera U. N. Apec President Trump
U.S., Chinese teams working on Phase 1 trade deal

Left, Right & Center

02:26 min | 1 year ago

U.S., Chinese teams working on Phase 1 trade deal

"In a chaotic month for the president one area where tensions have ratcheted down is with China earlier this month the president announced an agreement in principle on a so called phase one trade deal with China that doesn't resolve all or even most of our trade dispute but that will allow him hopefully to delay the imposition of terrapin creases they have been threatened for later this year as the US in trying to work out the details of this phase one we have questions what's going to be in the deal did we win anything and what does it mean for the future of America's relationship with China any Celica joins us now to discuss that Amy is principal at Albright Stonebridge group she worked on China trade policy at the office of the US trade representative and at the commerce department hi Amy thanks for joining us so first of all is there a deal you have this announcement from the president but then they're actually working on putting together the terms of the thing they supposedly agreed to that's right they are quote unquote people ring the deal that the two sides agreed to when the Chinese delegation led by vice premier little hall I came to Washington earlier this month and they're papering something in order to present to both the Chinese and US president so they can find a deal at a packed on the sidelines of the APEC next month we hope do you have expectations about what's going to be in this deal how sensitive it will be and and whether there are remaining sticking points that could cause it to fall apart and so loosely and we have been looking you know observers of the relationship had been watching to see how we feel can an interim deal be when there's so much that still needs to be dealt with in the relationship that's why they're calling it a phase one deal on the one hand because they've taken out the harder issues the industrial policy issues subsidies force technology transfer it's very very contentious issues out of out of contention for this phase one deal there is a higher likelihood that we are going to see something by November on that deal would include agricultural purchases hopefully a kiss engine or at least a delay in a ratcheting up tariffs on both sides the Chinese side is saying we want carrots lowered even for this interim phase one deal could be finalized and that could be a sticking point that really precludes the deal from coming

President Trump China United States America AMY Albright Stonebridge Group Representative Washington Apec Principal One Hand
Trump says likely  China trade deal won't Be signed  until he meets with Xi

Balance of Power

00:16 sec | 1 year ago

Trump says likely China trade deal won't Be signed until he meets with Xi

"Big investors still trying to figure out the earnings reports and the prospects of trade negotiations yes to be five hundred had climbed for the most of the day after a president trump's at a trade deal with China probably is not gonna be signed until it meets with the fusion paying at the APEC summit next month in

Donald Trump China President Trump Apec
What’s Really in the Trade Deal Trump Announced With China

Bloomberg Markets

05:35 min | 1 year ago

What’s Really in the Trade Deal Trump Announced With China

"Trump president trump says they were they were wrong reports saying that China wouldn't start agriculture purchases until a deal is signed me saying China has already started buying from U. S. farmers this from saying today at the White House also said that a trade deal with China probably will not be signed until he meets with president Chinese president G. Jim paying at the APEC summit next month in Chile quote trying to start buying already from the farmers trumpet a Wednesday at the White House during a meeting with Italian president Sergio Mattarella right now let's switch gears we'll take a look at what some of those global trade issues are doing for markets welcome Louis loud portfolio manager member of the emerging markets investment committee at Brandis investment partners a joint is on the phone from San Diego Lewis thanks so much for joining us you know just those headlines from the president you know talking about global trade and and what's going on with global trade clearly the uncertainties created by the and certainly of global trade really weighing on markets how you kinda factoring that into your investment outlook thanks for having me on good morning everybody just to kind of set the stage you know were long term value investors at Brandis and all approach is really to focus on the fundamental economic worth of the companies that we invest in and we called it the intrinsic value of these companies and our approach is to purchase them at a at an attractive discount the the intrinsic values and within that context a lot of these geopolitical events trade event that you mention have created numerous opportunities whether it's the US China trade frictions that we're seeing or the renegotiation on nafta or even brexit I mean do you have created opportunities where stocks are selling is attractive discounts to the long term value okay you give us can you give us some examples some of those examples would be you know the the Mexican real estate companies older people is that we call them I have been sending a big discounts large dividend yields I know some of those beneath that have been affected would be technology companies in the in China so those are some of the things that we've looked at there's also a lot of other examples but really these are the heating the band mine is we're not trying to predict particular all comes we don't think that anybody can I think all approach is really to by when we feel that the worst case scenario has been priced in some days you know the stock will trade as if there's never going to be a trade deal and then on other days the market is euphoric and is pricing in a very good outcome and in on those occasions we're gonna be lightening up the position we stop buying but it'll work isn't always price in there were active in the market using a flexible and nimble approach to investing in these companies so those I know you recently took a trip is a trip through Asia over the summer because the sense of using your key take aways there because clearly you know that the uncertainties of trade between the US and trying to you know really key to I think investors psyches now yes I was in seven cities in Asia a couple months ago and I think the striking thing to note is that you know if you go to mainland China whether it's strong high Beijing options and you know the the atmosphere is very different I think there's a feeling of calm there's a feeling of you know that the economy has the capability to withstand some of these external shocks so the the the feeling that we get from mainland China is very different but across the border in Hong Kong I witnessed firsthand some of the protesters have been taking place and disruptions to the normal business operations and just kind of to the source point earlier this is given way to some opportunities in the retail industry some of the banks in Hong Kong you know showing very good value and we're not exactly sure how the protests will end all or how it's going to conclude but if you look at the history these protests have been episodic they come and go there's going to be some kind of resolution over you know the short or medium term and you know that has created opportunities as well I'm wondering if there has to be a base case when it comes to some of these geo political occurrences when you're making decisions about whether something is undervalued are over valued because you know I mean it at any given point in the the the the outcome could be completely bifurcated and lead to completely bifurcated market results so how what what is your sort of base case for the next twelve months yeah I think the base case is that the US China relationship you know whether is the economic relationship with those the trade relationship is too important for the global economy for there to be you know us a stain adverse outcome right so you can see that you know particularly for the U. S. point of view you know the terrorists starting to have a negative impact so the tree war is kind of shifted to other areas are you looking at you know American capital going into Chinese capital markets things like that so the the the exact form of these tensions can change the sheep can shift but then the longer term beasties over the next twelve months is that the if the relationship is too important there will be some kind of right resolution or de escalation and that is kind of the base case that we use to use some of the companies and then if there is a significant down drop for deviation that is priced in that we don't think will hold over the next three or five years then there will be a buying

Donald Trump China President Trump Twelve Months Five Years
Stocks Climb on U.S.-China Trade Talk Progress

Balance of Power

01:03 min | 1 year ago

Stocks Climb on U.S.-China Trade Talk Progress

"And I'm Charlie Pellett app bluebird world headquarters until Friday as signs of progress in the U. S. trying to trade talks and stocks to the biggest gain in a week with the Dow the S. and P. and nasdaq all Rowling Michael could Gino is president of the permanent portfolio family of funds bigger structural issues between the two countries are probably not resolvable in the short term if ever and so I think if you can dial back the tariffs in the currency devaluations of some of the smaller issues maybe there are areas we can compromise and get a deal and bring down the heat while still acknowledging that we have two different political systems and to different colonies plans for what's next Terry Weissmann is director of global currencies of Macquarie group he told us he's looking ahead to a face to face meeting between president trump and president G. at the APEC summit next month the pattern we see with the U. S. shine in the past year is it does face to face meetings between the two heads of state tend to elicit a little bit more concrete agreement and deal making then these

Rowling Michael Gino President Trump Terry Weissmann Director President G. Charlie Pellett Macquarie Apec
U.S. China trade talks optimism lifts stocks

Bloomberg Best

01:01 min | 1 year ago

U.S. China trade talks optimism lifts stocks

"Appaloosa Berg world headquarters until Friday as signs of progress in the U. S. China trade talks and stocks to the biggest gain in a week with the Dow the S. and P. and nasdaq all Rowling Michael could Gino is president of the permanent portfolio family of funds bigger structural issues between the two countries are probably not resolvable in the short term if ever and so I think if you can dial back the tariffs in the currency devaluations in some of the smaller issues maybe there are areas we can compromise and get a deal and bring down the heat while still acknowledging that we have two different political systems and to different Connie's lands for what's next Terry Weissmann is director of global currencies of Macquarie group he told us he's looking ahead to a face to face meeting between president trump and president G. at the APEC summit next month the pattern we've seen with the U. S. shine in the past year is it does face to face meetings between the two heads of state tend to elicit a little bit more concrete agreement and deal making then these

Rowling Michael Gino President Trump Connie Terry Weissmann Director President G. Appaloosa Berg China Macquarie Apec
Israel bans entry to two Muslim US congresswomen over their criticism

All In with Chris Hayes

02:09 min | 1 year ago

Israel bans entry to two Muslim US congresswomen over their criticism

"This past weekend the top republican in the house congressman kevin mccarthy appeared in jerusalem alongside his democratic counterpart house house majority leader steny hoyer and said that the two women should be allowed to visit israel. This is how the israeli newspaper arts covered. Those comments quote u._s. u._s. House leaders back netanyahu's decision to let to leave an omar enter israel so certainly seemed like a done deal as of this weekend but this morning the president tweeted quote it would show great weakness if israel allowed congressman omar congresswoman to lead to visit claiming that trump claiming the pair quote hate israel and all ghoulish people noting donald trump wants insisted that at least some of the white supremacist and neo nazis who marched in charlottesville virginia group who walked the the street carrying torches and chanting jews will not replace us. We're quote very fine people. You also reportedly told the former president of his casino quote the only kind of people i want counting counting. My money are short guys that we're young because every day well today shortly after the president's tweets netanyahu reversed course and did trump's bidding officially barring congresswomen i women to leave and omar from israel the move garnered strong criticism from republican and democratic lawmakers and even the powerful pro israel lobby group apec called called it a mistake after stating that it disagreed with the two lawmakers apec added quote we also believe every member of congress should be able to visit and experience our democratic critic ally israel firsthand. It's perhaps not surprising. That trump is wielding this power by the way to retaliate against the first. Two women muslim women ever elected to congress. Don't forget one of the centerpieces of his presidential. Campaign was a proposed ban on all muslims entering the united states until we can quote figure out what the hell is going on. Trump has repeatedly targeted to lebron omar specifically along with two other congress women of color alexandria cossio cortes says and i on a presley even telling him to go to quote go back and help fix the totally broken and crime infested places from which they came all all four women are american citizens.

Donald Trump Israel President Trump Congressman Omar Congress Lebron Omar Steny Hoyer Omar Congressman Netanyahu Kevin Mccarthy Apec Jerusalem Cossio Cortes United States Virginia Presley Charlottesville
"apec" Discussed on WTVN

WTVN

02:58 min | 1 year ago

"apec" Discussed on WTVN

"Said APEC the influential pro Israel U. S. lobbying group suggested the action was a step too far sheriff's deputies in Pensacola Florida shot and wounded a man who was firing a handgun inside a grocery store no shoppers are deputies hit the shooter removed to a hospital no word on his condition in the wake of mass shootings Walmart's chief exec Doug McMillon divulges in the retailer's second quarter financial reports just how much of the ammunition and sold in the U. S. comes from his stores he says Walmart does not sell military style rifles and represents just two percent of the market for firearms in this country but he also says they have a twenty percent market share of ammunition in other words one out of every five bullets in the U. S. was sold at a Walmart ABC's got Goldberg federal planetary scientists say this past July was the hottest month measured on this planet since records began in eighteen eighty the worldwide average temperature last month was almost two degrees warmer than the twentieth century average for July you're listening to ABC news a fourth man has been charged in Cincinnati into twenty seventeen shooting that left one woman that and eight people wounded at a fake gender reveal party in suburban Cincinnati and Dayton filed yesterday in Hamilton County court charges thirty year old van dell slate of Columbus with murder and other counts three men were earlier indicted on charges of the shooting at a Colerain township on the kill twenty two year old autumn Garrett Avengers Indiana the mother got a corner says that the organ district shooter killed all nine victims on August fourth and the police is forced response hit two of those victims one of the shots would have been fatal on its own the other victims wounds were superficial bets had cocaine alcohol in St axons blood when he began shooting a date is entertainment district on August fourth the man who bought the body armor and one hundred around double drum magazine used in the shooting was in federal court today get a bail hearing the judge decided twenty four year old Ethan collie of Kettering will stay in custody he's accused of lying about drug use on the federal firearms forms a man's field position indicted in federal court for allegedly leading a conspiracy to illegally prescribed pain killers a sixty seven year old physician Gary friends and forty two year old Kristopher Falk both of Mansfield are charged with distribution of controlled substances among other charges doctor friends allegedly led a conspiracy in which he'll legally prescribed tens of thousands of doses of pain killers and other controlled substances including oxy code own hydrocodone methadone and fentanyl it was fall coup then allegedly sold thousands of pills and hundreds of fentanyl patches to various people in the Mansfield area hi Matt Rees no medical marijuana for autism and anxiety patients that's the recommendation of the committee for the state medical board of Ohio the final decision will be made by the entire state medical board in September or October I'm sandy Collins traffic and weather become your in the right place next report just minutes away newsradio sixty WTVN Hey.

APEC Israel sixty seven year twenty four year twenty two year forty two year twenty percent thirty year two degrees two percent
US decision to end Iran oil waivers puts pressure on oil price

FT News

08:32 min | 1 year ago

US decision to end Iran oil waivers puts pressure on oil price

"The US is ending the way visit grunted last year to allow some countries to continue to import Iranian oil. These were introduced to avoid a damaging oil price, spike when Washington reimposed sanctions after withdrawing from the nuclear deal with Iran. Phillip Judas talks to Angie, revile and Barney Jobson about the likely impact of the US move. So Angela which countries were granted the sanctions waiver, and how will the move them sane recent months countries such as China, India, South Korea, Japan and Turkey have been granted allowances to carry on buying Iranian oil, and for may these waivers will be taken away. So there's a big question over whether or not these countries will comply right now. It sounds like China is the only country that has vocally opposed the sanctions, whereas the other countries almost likely to go along with the new US rules and was this US decision expected or did it come out the blue. I think it was a little bit unexpected by energy analysts and people in the market. Most people thought that the wave is would continue in some ways, but just the allowances for Iranian. Crude purchases would be lower, however, subsequently we've now looked at the behavior of certain. Entries India, for example, and they've canceled their purchases of some of the contracts. They may have taken on for the coming months. So that's an indicator that maybe they were briefed in advance and the US action has impacted oil markets house. Crude reacted, I'm what is the current global oil supply situation. Like, so we'll prices rose on the news that there would be no more waivers from may. And so prices rose above seventy four dollars a barrel. This is internationally traded. Brent crude and this is the highest since November. So there's a big question ovo, what will happen to the oil price in the coming months, particularly as the impact of fewer Iranian. Crude exports is being felt so the big question is to what extent will the US be able to curb these Iranian sales to foreign buyers, and will they be able to get zero and a significant focus on supply at the moment. Can't OPEC and in particular Saudi Arabia make up that difference in output as the US claims that it. Will. So yes, the US has been speaking to energy officials in Saudi Arabia as well as in UAE, and the US seems to be very convinced. There's enough supply out there to meet any shortfall in demand. But the big question for a lot of people in the energy market is is that really the case at the moment, you'll see ING supply disruptions in all the big oil producing countries from Venezuela to Libya as well so combined with any shortfall from Iran. There's a question whether or not they will be a supply gap. And as a result could you now see oil prices go even above eighty dollars a barrel. Saudi Arabia has said that it has another million barrels that it can produce quite consistently at the moment. It's producing below ten million. And it can go up to eleven quite easily also claims, but the question also is what happens. Should Saudi Arabia US up that extra buffer of supply in the future? If there are big supply disruptions elsewhere in the world where we'll those barrels come from and Bonnie, how is Iran reacting to the knees Iran, sunny, not people has remained relatively cool in the west reacted. This was not a huge surprise for Iran. This is the latest step in a series of US moves to ratchet up the pressure moves it began when Donald Trump last year said he was going to withdraw from the nuclear deal had given Iran relief from sanctions in return for stopping some of its nuclear energy program. So this was not entirely surprising to Tehran, president Hassan. Ruhani said I'm reading a quote that the US is not ready to hold negotiations tall. It's measures are aimed at breaking up the Iranian nation. He said the country would continue to resist, but Iran is not threatening any particular retaliation. I think the most notable point is why Trump doing this. He's doing this because he wants to try and curb Iran's. Meddling in regional affairs in Syria in Iraq in Lebanon, and there's no sign of Iran changing those regional policies in that sense. This is not working for the US in another sense. It is working in the Trump wants to put economic pressure on Iranian regime, and Iran's economy is sliding slowly into recession because of these sanctions, so they are working economically. If not diplomatically, I don't know how badly can this her Iran's economy and can the US actually stop around exporting any oil a tool. Well, the sanctions that were put in place in November with the caveat of the way was that a now going to be phased out, we'll ready causing a lot of home. Unemployment's rising industrial productions falling in Iran. The country is sliding towards recession. So, you know, as a means of causing economic pain, they've proven quite effectively ready. And now that's probably going to get somewhat worse with the end of these waivers. Iran will still be able to export some oil through unorthodox means to put it politely. I mean the country. Seems to be able to smuggle oil out and industry. Analysts suggest that they may continue to be able to fungal out hundreds of thousands of barrels a day. So the revenue from oil will not be cut to zero. This is what the US has said it wants to do. But it's going to be reduced in a pretty significant way. I think and all that any political repercussions for the US by making this move its decision to reimpose sanctions was already opposed by the other parties to the Iran nuclear deal. How are they reacting to this latest development? So Trump's withdraw from the nuclear deal created a huge rift with the European Union. The European Union is the group of countries continues to support the nuclear deal they've not made a big deal of the end of the sanctions waivers. But the dynamic there remains that Europe is at loggerheads with Trump over the Deel Europeans being trying to find ways to enable Iranian companies to continue trading with Europe despite the US sanctions, that's meant a lot of talk. But has not actually not really resulted in. Any concrete means to help the Iranian economy, but the divisions between Europe and the US remains as deep as ever on Iran, and how about US relations with the countries who can no longer buy rainy in crude will they be forced to fall into line and thinking particularly about China here, which is hit out at the US move. I didn't in the US is going to force China to do anything in particular as we've discussed China's expressed his disapproval of this move, and has indicated is going to try and continue to buy Arabian oil how that made John bit of an outline because the other countries affected here, most notably India career Japan. We're very quick to signal this week that they will comply with the end of the waivers. In other words, they will stop buying Iranian oil. And India in particular was very quick to say that it's confident it can secure oil supplies from other countries and will not suffer any adverse consequences angelie. How OPEC how does this play into the internal politics of the cartel? They had been focused on production cuts to support prices. Apec will next formerly meet in June in Vienna. And they will be huge amounts of tension because there is no way that country like, Iran or even Venezuela will be very happy about all the major producer particularly arch rivals such as Saudi Arabia, ramping up output and basically making money from their economic woes. So no doubt will be an incredibly tense meeting. But one thing to note is that Saudi Arabia has been very careful in its message since the US announcement. They've said that they are not going to immediately accelerate oil output. This is really in response to what happened this time last year. Saudi Arabia was one of the countries that try to ramp up its production to record levels in anticipation of a more aggressive US policy versus Iran, and in the end, it got burned because these waivers were issued more of these supplies. Did come onto the market so Saudi Arabia. Yes. It supportive of the sanctions against Iran. But it still doesn't want to be. Seen to be taking advantage and doesn't want to really face the ire of its OPEC peers and rivals. So it looks like there will be some considerable uncertainty about Oprah's in the coming

United States Iran Saudi Arabia Donald Trump Opec India Brent Crude China Venezuela Washington Angela Phillip Judas Europe Tehran European Union
policy Trump says US will recognize Israel's sovereignty over Golan Heights

Bill Handel

05:32 min | 1 year ago

policy Trump says US will recognize Israel's sovereignty over Golan Heights

"Is the tweet about the United States, recognizing the annexation the annexation of the Golan Heights, which is occupied territory, but the but Israel nineteen Eighty-one effectively said, no, no, no. This is ours were never giving this up strategically makes all the sense in the world because Golan Heights is this plateau overlooking the valley right next to the gal Li I think I have it correctly and the missiles rockets used to rain down and Israel. So they took it. And now they have a decent military position. But the entire world looks at Israel as. As an illegal occupier. And for the president to do this. Let's talk about the political ramifications because there's really relates to the Democrats and the candidates who have said we want. No part of this Sanders. Elizabeth warren. Booker Booker, Kamala, Harris who are as far as the Israeli lobbyists. Concerned are pro Palestinian what does that mean in terms of the Jewish lobby money because APEC the largest Jewish organization which has been hundreds of millions of dollars. What does all that mean? So this is what I think prompted the tweet I think it was actually some real strategic Riyan on part of the president first of all the president likes to be seen as just the most pro Israel ever to walk the earth. He and he's encouraged by his son-in-law, Jared Kushner, who's that's what he's focusing on a lot. Close the President Trump's close allies with people like Sheldon Adelson who are. Sanely lives to that besides making money, they are pro Israel. So that's all of a win. But I think more importantly Trump and his team recognized an opportunity with this congresswoman Omar's perceived antisemitic remarks and Trump realized that if he is able to drive a wedge further out and four democratic primary contenders to be even more anti Israel, Than's already floating out that not only is it a win for Trump and his base because being in the Republican party. It's interesting. It's almost the opposite. Being pro Israel is almost a litmus test these days to be a good Republican. But for Trump if he can choke off another significant support of pocket of money for the democrat eventual democratic nominee that he's a massive win. And it's not as if these dollars now, we'll sit on the sidelines. They will go. Trump Trump will enjoy the benefit of those it was and I thought this to a smart smart move by the presbytery small. So this was not shooting from the hip. This was well fide he knew with one tweet that he could not only choke off the Democrats money. Hap- schizo votes in the process. I don't really that's what it's about it gets choking their money off an unlocking. Not Justice Sheldon Adelson the world. Remember, a pack is technically nonpartisan they do raise money for both sides of the aisle. They don't care if you're pro Israel, they're going to support you, but now boycotting and not attending a pack event. Which? You just never seen. Nobody does especially if it doesn't matter democrat Republican because it's a question of this powerful powerful organization that supports Israel. Well, it's it's the American Jewish organization is what it is. I mean, I think if I had to put a concrete dollar figure what Trump cost the Democrats and probably made himself. I would estimate just in this upcoming cycle anywhere from thirty to one hundred and fifty million dollars believable. What good does it do the book the bookers? And the Kamala Harris is and Elizabeth Warren Sanders to take a stand, which is perceived anti Israel. I think that they just felt that they had no choice because the they're running on the idea of everyone is good. They're the underdog collusion. Exactly. They don't want to alienate anybody don't remember much like Barack Obama didn't really want to take a position you want upset anybody. That's what. The Democrats are doing and what you see in these primaries. It's look it happens on both sides. The Democrats have a primary this go round is when one candidate leading candidates say Sanders anchors out on that position. The wrestling just go to because they don't want to be thought as the lesser of the progressives. Just one quick last one the move towards inclusion by alienating the Jewish lobby and by the way for those people say, oh, there's no Jewish lobby. It's a huge lobby the Cy kid ourselves there just strategically. Yes there. I would if they do here's the deal, they're lobby, but they're not a big enough voting block got difference and the block that these Democrats are chasing are largely minorities. And they don't want to be on the wrong side of that issue. They don't wanna give any other candidate in this race. The ability say I'm more progressive than he or she is and progressive. Means it's not pro Palestinian, certainly a more even-handed say less alienating of anyone. Right. They don't want to say that any there. Then what say that anybody's better than anybody else? They don't wanna do

Trump Trump Israel Elizabeth Warren Sanders President Trump Sheldon Adelson Golan Heights Democrats Kamala Harris Elizabeth Warren Jared Kushner United States Apec Booker Booker Barack Obama Hap- Schizo Republican Party Congresswoman Omar Sanely Fifty Million Dollars
"apec" Discussed on 860AM The Answer

860AM The Answer

05:22 min | 1 year ago

"apec" Discussed on 860AM The Answer

"A really a regrettable way of expressing that. I don't know. How my comments would be offensive to Jewish Americans. My comments precisely are addressing what was happening doing the Gaza war. And there's this can I just move on to something. This is Christiane Amanpour generally rite of passage for politicians in the United States, and that is to sort of profess sort of fealty, or at least pay homage to a pack. The pro Israel Pac that in of itself is biased. You have to show fealty to APEC. Can I just move on to something this generally right of passage for politicians in the United States, and that rite of passage or politician that the United States at is to sort of profess sort of fealty, or at least pay homage to a pack. The the pro Israel, a pack that is very very prominent knows how she phrased that. So to be pro Israel is to express fealty to APEC as opposed to having a sincere belief that APEC is right? And therefore, that's why I support APEC should Jewish Americans be worried about congresswoman Ilhan, Omar al-rasheed it live because of the BS movement because of one of the tweets a you made longtime ago, you part of a new wave of Democrats not afraid to be critical of the government of Israel and join the twenty twelve military offensive in Gaza. You tweeted Israel has hypnotized the world May Allah awaken. The people that help and see the evil doings of Israel. How do you put that into context now? And what do you say to American Jews? So I remember when when that was happening watching TV and really feeling as watched the lack of follow up on the part of Christiane Amanpour. No other life was being impacted in in this war. And that really those unfortunate words where the only way they can think about expressing that moment. And what is really important to me? Is that people recognize that there is a difference between criticizing military action by a government that that has exercised. Really oppressive policies and. Being offensive or or a tacky to particular people of faith. Trust me. There was no follow up. Christiane Amanpour did not ask congresswoman Ilan, Omar. Let me ask you something. Do you support the existence of Israel? The Jewish state colleagues real support that. See what she says? Now, there's an activist group called camera. Which is which analyzes and critiques portrait of Israel. And Middle East conflict in the American media. And there was a series that Christiane poor hosted. And they accused her of equating Jewish and Christian extremism with Islam extremism. The group said this almond pours biased rendition of Arab Israeli issues reached a new low in a recent three part series end of quote, the group said that she failed to quote distinguished the vast difference in scale of and support for violence in the respective faiths. The most poisonous leave biased and factually shoddy feature to air on mainstream television in recent memory into. Billy caller, December seven thousand sixteen I'm poor again, mislead CNN viewers about Israel. She turned to her French political group that holds Israel entirely responsible for continuing the conflict in the West Bank for a segment on her half hour, November twenty four twenty sixteen broadcaster have been many many many other instances in which Christiane Amanpour. He's been accused of bias reporting putting biased against Israel and biased in favor of the Palestinians. Now, Representative Yulon, Omar. Says that now says that she believes that Lindsey Graham check this out has been compromised. By trump. She imply Trump had something on him and implied that the something that Trump has on him might have something to do with some secret Lindsey Graham has listen to this. We need to ask you about this. You tweeted we're gonna put this up on the screen regarding Republican congressman Senator Lindsey Graham, I believe we have this tweet saying they got him. He is compromised. They got him. He is compromise. She said this about Lindsey Graham, what are you talking about congresswoman? And there it is. I wonder if he'd explain what what you were talking about this. This is sparked a fair amount of criticism. Not just from Republicans. Can you explain that comment? So over the last three years, we have seen many times where.

Christiane Amanpour Israel Senator Lindsey Graham APEC congresswoman Ilan, Omar Israel Pac United States Gaza congresswoman Ilhan Trump Middle East Representative Yulon Billy caller congressman CNN three years
"apec" Discussed on World News Analysis

World News Analysis

04:35 min | 2 years ago

"apec" Discussed on World News Analysis

"I mean, I think one job is in daily media that the USA under Trump has been particular suspicious about kind of free trade deals just in general. So I mean, there's going to be a bit of a blanket that's going to be that's gonna bend cast about this. And before we've talked on this show about the presentation that vice president Pence delivered the Hoover Institution, the USA within the last month or so talking about USA grievances with regards to things like this. So there is a bit of pushback. Do I think that this? It doesn't necessarily mean that this is the end of free trade zone in free. Free trade. And of course, TPP was thrown under the bus by the United States, which is something that they seem to have initiated, and then and then abandoned so I mean, I'm up domestic and the whole issue. I mean, this might not have been the absolute best APEC ever. But the idea that there is a discussion going on in the twenty one nations. I mean, this thing started with started by prime minister, Bob Hawke, very longtime ago in initially as an idea that there would be a free tro trade, and it almost seemed inconceivable when this this was well before nineteen Ninety-three when President Clinton decided to change it to ministerial level thing. And so we did not have the imagination bag then there was going to get to where it is now, but this ongoing discussion in this tweaking of what is going to be able to work is a step in the right direction. So I mean, it does seem a bit hope. Pless right now with the way that the world is turning with regards to the USA and the Trump administration. But I do think that I think that there's a lot of hanging in waiting to see how things are going to work out with the with the trade dispute between China the United States. And so this is kind of putting a little bit of a hold on this. But the it is going forward with regards to at least planning it. But it seems to be to be a little bit stalled out duck your jowl. We're seeing several like trade arrangements in this region. Like, the ARCE EP talks CPT teepee Levin. Also, the trade talks among China, South Korea, and Japan how better coordinate I mean among those arrangements at this point is very difficult because each is particularly designed for different need and different level of economic development. The CPT TV has a much higher standard amount developed countries. And it was I negotiated. Between the United States and Japan, which set the tone for the whole region for all those eleven countries twelve countries, and when they set up a very high bar for IP protection for labor standards environment and also for other standard, including e-business standards. But then also you can see some of those elements of sippy Tipene particular was adopted by the United States, Mexico, Mexico and Canada agreement later on in during the Trump administration. But then are the is much lower in terms only in terms of trading in goods that includes not only much more developed country like Japan, but also a developing country like India, so how do you come by a very large market with with very different development stage countries together and ask them to contribute to the same project. So both Japan and India actually want to protect their own every cultural. Sector. So we actually narrow down the scope of that trade deal. So in order to compose all those together put. And also, China Korea Japan deal and also our AP, which is still undergoing together you need much more economic development integration and also nominee development for all the region to six. Next step trading deal for all those countries. However, the world is changing and all those trade deals all the talk about free trade are still lost century because this century. What happened is that the overall trade in goods are stabilized platoon and actually in some cases are declining and also the investment in a couple of years. Also, the FDR are also comparatively declining. What's rising? It's service trade. Right. So you need to design the next generation free trade.

United States Japan Trump administration China Trump China Korea Japan vice president Hoover Institution APEC President Clinton Bob Hawke teepee Levin Pence prime minister sippy Tipene India Mexico South Korea
"apec" Discussed on World News Analysis

World News Analysis

03:59 min | 2 years ago

"apec" Discussed on World News Analysis

"Goals and the entire nine hundred ninety four and I now epic as being kind of accounting for around sixty percent of war GDP and around half of the world trade. And so this experience kind of Beka important role of their pack in the region and also be on the region. The other thing is that a lot of initiatives in epic has been so much very much kind of leading force in driving beyond APEC, the the liberalisation take for example, few years go there, I set process for this liberalisation environment goose and to the did agree on fifty four products which off. Worse world's brought to the -til because stub too long before that was also discussing about negotiation environmental goose, but there was no much progress. But the new issue really injected new impediments into the reform afterwards, they were a small group of big and small countries leading negoti India. So this explain that actually back on this and many other things leading also. And if you look very carefully it's about a truly the host of next year. Belk have laid on a nice agenda on ecommerce on women and Troy growth and also on trade and investment. So they there are many things that epic is leading the coming back to your question. What's evac needs to do? I think professional has mentioned it. I think that epoch should always keep to the center is origin of purpose. That is to try forward a trade liberalization instead of kind of resorting to unilateralism Oprah tactic. Or even leave room for members to consider that. And the second thing is, of course, that the big players in pack like China and US should take the lead and trying to drive that forward that process, of course, between too many things that need to work on. And of course, the two leaders agreed to meet very soon, we hope that they could sit down and trying to resolve I between themselves then beyond themselves. So I think those are the things very important to keeping their relevance offer at Peggy in the future. So like, you mentioned trade if for city tation, we know regional leaders have been talking about the hope to build a free trade area of the h of a civic. I mean as a whole professor Lou how far away are we are we from that go if you look at the big one, the MTA, the Beka free trade agreement among APEC countries of twenty one I to to be Frank. We are still far from that. I mean, we we we're. We're struggling with how what we should put on table on how to do it. And of course, does something that we still need long-term view on that. But benistead big thing you could see that. I actually have a lot of other initiatives smaller, but also more beautiful if I could call it something like the RTP Tempera six and also the triangle between China Korea, and Japan and also temple SRI. So these three countries, plus as in countries, so there are many initiatives going on which are actually pushing forward at Troy delivery is this earlier. So if you look at the pictures, much, brighter. So I think that in a sense we should work on those which will achieve in short term. But also looking at the big things in the long term. I think in that way, we could both incrementally building the moment for quick results. But also building kind of foundation for long term results for the big one. So mr. Leeman? What's your take on this bigger picture does Asia Pacific a free trade agreement? Eventually does they bear the potential to absorb other like smaller arrangements like CPTV? We are talking about TPP eleven or minus the United States and also the regional comprehensive economic partnership eventually. Yeah..

APEC Troy CPTV China India mr. Leeman Belk Asia Pacific Peggy MTA United States China Korea professor Lou Japan Frank sixty percent
"apec" Discussed on World News Analysis

World News Analysis

02:21 min | 2 years ago

"apec" Discussed on World News Analysis

"And it's. Just a pretty much like Obama's era pivot to Asia without the title, but it's pretty much the same thing. I think there's a fundamental mistake in the US strategy in that it should be the China and US would work together to promote regional peace and prosperity. Is that fighting each other? Because ultimately, if we want to invest in the infrastructure and other economic aspects in the region, there are a lot of room for cooperation if we're competing with each other, that's real the bottom. Maybe it's not good for for the region. And also from a security military perspective that only increased attention in the region, particularly in South China Sea and also in Asia-Pacific west Pacific region. So I think the end of the day the US should get rid of these zero-sum game idea and come closer with China. In terms of win win strategy and women situation in the region. And I think one. Once the change their Roderick and thinking the logic behind this. They will understand that China's proposal of a new type of major country relations particular with the US is why -able and there are a lot of opportunities for both countries to work together in this region. So that's now come back to the pack of mechanism itself. Winona beginning, it was a baseness dialogue mechanism among ministers of different countries. Any nineteen Ninety-three. It was upgraded into a on like a fool from ministerial level event. And in the nineteen ninety four summit in Indonesia, APEC leaders passed a declaration saying their main goal is to realize a free trade and investment facilitation in the Asia Pacific region that's more than twenty years ago. And now a regional leaders have been talking about this platform facing the next decade of from the year of twenty twenty professor Liu what's needed for the. A pack to maintain its relevance. I mean in coming years. I mean, epic is relevance in past years have been has been beyond APEC region. I mean, of course, within the region has always been one of the most important leading falls in driving forward, the tweet investment liberalization with the.

US China APEC South China Sea Asia Obama Roderick Asia Pacific Winona Asia-Pacific Indonesia professor Liu twenty years
"apec" Discussed on World News Analysis

World News Analysis

05:06 min | 2 years ago

"apec" Discussed on World News Analysis

"Leeann leeann shoe law firm, professor Lucian Quinn. Former senior trade diplomat of China, managing director of medical Geneva. Also, professor at university of international business and economics and also with Han university. So that's. Began with APEC summit of this year. The summit did not conclude a with a final communique. So Mr. Leeman, what's your reading into this? You know for the versa in twenty year history. The Asia Pacific Economic cooperation summit it ended in disarray. And and and that is a great thing for the twenty one member companies that you know, could not reach consensus on joint statement. I mean, it's not by by the one member, and that would be China, but you know, the summit failing. I don't think is necessarily something that was not failing is probably the wrong word. I would say at the beginning of the end of the beginning on trying to make something work. You know? But you know, it's it is a very difficult situation. We're living in the world and interesting time, I would say, but all, you know, the twenty nations except China finally agreed to the to the joint attempt, but you know, I not sure. That this is the the end of of of it all, and I think that there there is some possibility that something is going to be eventually worked out. That's I mean, I'm cautiously optimistic. So Dr Chow without a communique. Do you see some light tangible results were positive signals from this year's a pack meeting? Well, the fact that there was a pack meeting was quite amazing at this point. I think Osceola countries you can see a lot of countries around the Pacific came out with concerns about the continuing trade disputes between US and China. Prime minister of Singapore, expressed his, you know, very way he said that you know, this to giants fighting and all the countries will be affected, and they don't want to side. So I think it's very clear at this point of without resolving. I the disputes between us and China is very hard to uphold the principle of these international organizations, particularly like, a pack and also other international organizations in which both US and China principle players. So I think is very that's why I mean allies on the G twenty at the end of the month because people wanted to have a clue about where is China US headed and without that clear. Sign is very hard for all the other countries chart to try to adjust their understanding, and the you know were their country should go with. I think it's very important to understand. And they are exactly tundra achievements in this pack meeting because both China and the United States committed a lot more funds in the region to build up infrastructure and have more. Cooperation with other countries in terms of innovation technology and also business. So I think it's very important to understand that overall countries are coming together and try to push forward. With more economic cooperation is that of moving backwards still. So I think are the countries will support the fight against protectionism and unilateralism in the world overall. The disputes are on those Roderick specific words in in the taxed, I think after China and states come together to resolve their disputes future. Apec should still play a very critical role in this region. Talking about the United States US, President Clinton upgraded. The APEC meeting from a ministerial level event back in nineteen Ninety-three. And now, President Trump skipped a meeting and vice President Mike Pence was. They are. And he talked a lot about Indo Pacific. So things like that Dr JAL what can we tell about the Asia Pacific policy of the United States? Well, no, there's no Asia Pacific policy. There's Indo Pacific policy the United States. The just is the regional map and renamed. Actually, it's a command Asia Pacific command to Indo Pacific command the overall idea I think behind it is that the US is aiming China's belt and road initiative and trying to have a more broad comprehensive strategy against the so-called China's expansion in the region, and they're trying to sort of put more elements into this overall grand strategy, not only from the military perspective, but also economic financial and also other aspects of cooperation, so I think more and more the US has put more and more resources in this region..

China US Apec Asia Pacific Economic Indo Pacific Asia Pacific Pacific Asia professor Lucian Quinn Geneva Mr. Leeman Han university Mike Pence managing director university of international Dr Chow President Clinton
"apec" Discussed on World News Analysis

World News Analysis

06:24 min | 2 years ago

"apec" Discussed on World News Analysis

"The twenty eighteen APEC summit concluded as to day discussion on Sunday at Port Moresby punish Guinea, the host nation held it as a great success despite the twenty one members of the Pacific rim fell to re on leaders statement for the first time in the summer his free because of a spillover of trade war between. In China and the United States so to break down to successes and spat joining us on the phone is our senior international affairs coordinator Lucia hone. She is in Papua New Guinea covering this event getting home. So the US China's bad has prevented the summit from reaching a communicate is all over the media yesterday. So what has happened down there? And why is there such a huge gap that cannot be bridged? Joints. According to Peter. Poplar. Coy? The report. He said tax cut tighter over that. As so. Peo-? We have any. Aucas elaborate more on. But you can see the parents kind of United States, actually, go. Vice president Mike parents kinda or. At the. He kind of felt they should have very necessary the water small country pose. Pose trust. And this also kinda saying quote here. United States will not check call. I'm just kind of turned its way. I'm. Lever just would actually coat was burnt from the audience because neither Fisher three days. My five at this moment and just minutes before Chinese presents live S S P. p. Calling for openness available inclusive. The coach to couple onto if the world is corny and cruise global gutters. 'cause she does could customers as short-sighted coach that is to sell the officer coast just Just has. has that conference ocean? Whether the fog of Kotwal Hartwall plays wall. Thanks for. I'm. Cousin? She thinks was has I have asked her applause, and he also is very clear that the house and. And exclusive clubs close to render mall this trust as some people have labeled it and officials further clarified at on Sundays things that country if this region or other reasons has fallen in court. Because of his corporation with China and fundamentally Russia between the two giants is this reason is displayed in the form of influence, but sadly, they spice has overshadow eight-pack Mason and call a lot of concern. Yes. So what are the major concerns there? On top of that list is still over the wall between the two countries. Participants summits have repeatedly boy since that Khamis Hearst. And you'll be I if the war is not stop, and they have all hoped that scared. Impressive and president Thomas United States twenty Argentina. What's compromise? Never my president. My my my remarks has surely the subtle of the prospect of deal on that at the end, if my and they either have I concern of protectionism and of whether this of international on, my basic, but just a separate feel and mobile. Why don't they all breeze to these nations? Just took the difference of cows to is so lousy though that they still to come. My. Apart from the trade issue would other ideas that have to discuss to the two-day summit. Have also talked about continuing to grow device, Connie. Well, if each you know, they talked about physically economists packs twenty on small and medium-sized surprising. So the sector in basin. According to you on the prime minister over you know, leaders have agreed that the twenty one economies with dawn time to realize the FOCA goes present on the taste Gration and Totta for twenty twenty inches for the laws, and they have offered discussing this because take my wish loss to finalize. Yes. And trying to pull us has put forward proposals on open the convent of nurture Hugo drivers improved and you could pond their shit. China has also pledged inclusive inputs for development and plus ballots of Asia. Fifties if sung from sorry. So we know this is the first time public NEW GUINEA has hosted the APEC summit, what is it mean to to the host nation. Yeah. It's true. This is the first time is he has coached the pack summits. It's finds news all over here. But there have to debate over to adjust. Plunges. We'll be able to host events while I guess by now this fifty cry. It is really a success prime Minnesota..

United States Khamis Hearst China APEC Guinea Aucas Lucia hone Papua New Guinea president Vice president Port Moresby Peter Fisher coordinator Kotwal Hartwall Minnesota prime minister officer Asia
"apec" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:58 min | 2 years ago

"apec" Discussed on Bloomberg Radio New York

"If you're joining us from the region, good morning. I'm Doug krizner at Bloomberg. Interactive brokers studio in New York and good morning. Well, I'm Stephen Engle in Hong Kong and Bryan Curtis is here with me as well since I'm fresh off the boat. Literally from APEC, I'm going to hand it over to you to give us an update on how things are shaping up. We may just ask you to talk for this whole hour since you're right there with them at the APEC meetings, but let's do the market's first and then we'll throw it back to you Steve. So here's the thing. Steve. We didn't see any improvement in US China relations over the weekend. But he's that news. And that's what the investor. That's what the market is is telling us this morning is that really isn't news. It's not bothering investors that much because they don't expect the US in China to resolve this thing overnight. So most of the markets are higher this morning and the line that Doug deliver. Just a moment ago is probably what investors are are are actually playing off of. And that is that perhaps the fed is thinking about changing its tone a little bit on the pace of raising interest rates. We had the vice chair Richard Clarita, saying that policy is getting close to neutral, and that there's some evidence of global slowing and that was a knowledged by Jay Powell and his discussion last week with the Dallas fed President Robert Kaplan, and so we have yields down the dollar down, and that's helping lift the Asian equity markets. The acting index is up six tenths of one percent. The h shares listed here. They're up about six tenths of one percents. Shanghai composite. Is up a half a percent? And in Tokyo. The Nikkei is up half a percent. We did get some economic data not so bad jap-. Japan's exports rebounded in October from their first decline in a couple of years in September when natural disasters disrupted. The economy exports up eight point two percent, and that was versus a forecast of eight point nine percents. So a slight miss but still a big improvement over September. Right. That's check the markets. Doug over to you. Well, you put your finger on it. There seems to be very little in the way of improving relations between the US and China, but you're also right? It's not really a surprise even so for the first time ever at the annual APEC summit we had resolution without an agreement or an end without an agreement. Now, Stephen Engle, you were there. So from the position that you had on the ground the conversations that you had with various guests that to MU were speaking. I mean what what's what's the feeling kind of paint the picture of what was going on? We'll sure nobody was really expecting earth-shattering news from this APEC. Given both sides have really dug in for the long haul so to speak, but we did get a little glimmer of optimism from Donald Trump on Friday, the markets responded upwards a little bit saying that the two sides, perhaps we're working towards a deal. But again when you had she didn't ping speak. Followed by Mike Pence, both trading barbs back and forth. Xi Jinping calling the trade wars shortsighted. It's doomed to failure. Mike Pence also really blasted promises. China makes on the belt and road. We'll talk about that in just a little bit. But at the nuts and bolts of why we didn't get a communique one US official telling Bloomberg that China actually objected to the pledge that was written into the draft a pledge to fight all unfair practices, and apparently, according to the US, again, the Chinese did not necessarily agree to that. And there were differences across the board as well. Twenty one nations or economic blocks I should say on the level of reform needed at the. WTO a lot of disagreement, and I've covered seven I've to them. Now APEC meetings over the twenty eight years I've been in Asia, I've never seen an APEC. And without even a watered-down communicate. Okay. So because China's president Xi Jinping and vice President Mike Pence, they traded barbs over China's massive global investment program known as Belton road. Take a listen to what they had to say. Is not designed to serve any hidden geo political.

APEC China US Doug krizner Mike Pence Stephen Engle Xi Jinping Bloomberg Interactive brokers President Steve Hong Kong fed New York WTO Shanghai Bryan Curtis vice chair Donald Trump
"apec" Discussed on World News Analysis

World News Analysis

02:45 min | 2 years ago

"apec" Discussed on World News Analysis

"We heard several planets from the Chinese government reaffirming its commitment towards an open economy. So how about this time? The APEC any statements and proposal from China we could here. Major member of the APEC mechanism China's made constructive contribution to the development of this maximum for China has been caught him for greater cooperation among APEC members and have been working with other members to you know, on their vision of APEC corporation post twenty twenty we know that APEC was, you know, delicious, medium took the first leaders of APEC matter for the first time in nine hundred three and a second year the worked out a, you know, a go of a four APEC by twenty twenty. Now, we're closer to that go and kinda hopes to work with the other members. On a new vision for a pack, especially, you know, in feud of in investment, and trade and also technology corporation, and the Oregon is facing some new challenges, for example, grow in trade protecting it protectionism from the United States and growing unilateralism by the United States. So the China hopes that the member will remain open to other and John handy in promoting an open Konami in the region. So video China a. In other countries members, especially on the question of an issue of the assumption of the free trade area in Asia Pacific or s top. Of course, there are still you know, blocks, you know, barriers in building this kind of the top. Think you're must show on as always we've been talking with Joshua don't a senior research fellow with the China Institute of international studies coming up, Trump lashes out at a Macron over NATO burden share trade and nationalism comments. You're listening today. Stay with us. Hi, this is either tagging the today show..

APEC China APEC corporation China Institute of internation United States twenty twenty Chinese government Konami Oregon senior research fellow Asia Pacific Joshua Trump John
"apec" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:57 min | 2 years ago

"apec" Discussed on Bloomberg Radio New York

"Apec nations meet this week and here to tell us all about it is bloomberg daybreak asia anchor doug christner and bryan curtis john it's kind of a light week in asia so duggan i thought we'd take a look at a few different items of interest one the apec trade ministers meeting in papua new guinea that's on may twenty fifth and twenty sixth and we want to talk a little bit about some interesting new intra asia asian trade tens in our colleague and a current will join us for the discussion and as our chief asia economics correspondent let's not i about this revised tpp as it moves toward ratification what does it mean look there are two on the tpp brian there is the obvious security and political dimension which is we have this massive transpacific trade agreement coming together that was originally originated by the us but now it doesn't include us any longer under rest of asia excluding china and india are coming together to sign a fairly hefty package that's going to increase the flow of goods greece do wheels of trade and generally booze economic growth it's not a game changer or anything but it's to certainly support and free trade among asian nations in a way it was originally envisaged only without the us the us obviously withdrew from that agreement that clearly the door is still open whether or not they will reassert themselves and try to become a part of this new tpp is to be seen when we look at trade on i'm looking at the china us trade relationship it's not just the flow of goods i mean one of the things that the us has been very concerned about for some time now is the theft of intellectual property so as the apec countries are concerned what about issues like corruption targeting corruption and even something like transparency are these going to be addressed look when it comes to a corporate governance levels of transparency in difficulties around under pay kness there are particular issues in asia remember you're dealing with more than a dozen different jurisdictions different legal codes and different ways of operating and.

doug christner asia china india us theft Apec bloomberg duggan papua chief asia economics greece twenty fifth
"apec" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:43 min | 3 years ago

"apec" Discussed on Bloomberg Radio New York

"Of bump sent off to the apec deal that's a bloomberg business flash though his killing could mold but what's going on around the world good morning caroline tag present recive tires out of them has for the first time been implicated in a plot to help iran evade us sanctions racism rob who launded billions of dollars on behalf of iran told a us court yesterday that a senior turkish officials said to him that ad again personally signed off on a plan to involve two turkish banks in the scheme but added again told turkish lawmakers yesterday that he didn't violate the embargo the argentine navy has abandoned attempts to rescue forty four crewmembers on board a submarine that disappeared two weeks ago as on on last make contact on the fifteen th of november and the navy has since extended the search to more than double the amount of time in which the crew could have survived and remaining oxygen and iceland's new government is planning and infrastructure spending drive in may top its banks for some of the cash the leftright coalition wants to catch up on an estimated three point nine billion dollars in missing infrastructure investments and according to finance minister piani edicts on the government is eyeing excess aquitaine it's three launches banks will funding global news 24 hours a day powered by more than 2600 journalists and analysts in more than one hundred twenty countries i'm sandra colover this is bloomberg count i think similar soldier now the un is said it's has suspended votes or its tax bill thus after the collapse of a key compromise to win a majority of republicans and the left them scrambling to salvage this legislation now the senate majority leader mitch mcconnell says that voting will resume at eleven am local time in washington will joining us now is bloomberg's jody schneider very good morning thank cycles for a speaking to us woke we make then of the delay in the.

argentine navy iceland sandra colover un mitch mcconnell washington bloomberg jody schneider apec iran us finance minister senate majority leader nine billion dollars two weeks 24 hours
"apec" Discussed on KOMO

KOMO

01:56 min | 3 years ago

"apec" Discussed on KOMO

"What they say are thousands of extra judicial killings president did not talk about that publicly he ignored a question about it when reporters were in the room with him into territory with the white house says the behind closed doors it did come up but briefly and in the context of the philippines war on drugs this is not surprising the white house had said going into this it would be a frank but friendly conversation and this administration prefers to have these conversations about tout controversial issues behind closed doors instead of making what they say are public criticisms they think they have more leverage it is handled behind the scenes a bit of a you know settled jab at the obama administration and some of the comments at president obama made about issues just like this what can you tell us about president trump's for meeting over the weekend of vietnam with russian leader vladimir putin chatted with him two or three times in the sidelines the apec summit but it was not a formal meeting they could not fit that on schedule they tried to they said they're a scheduling conflict so instead they talked couple times it was mostly about syria president said he wanted to talk about north korea but they just couldn't get to it because these are very brief chats now of course the issue of russia's election meddling did come up as it would be expected to presidents at once again several times russian president vladimir putin told him russia didn't do it asked if he believed jim the president would you say i believe he means that when he says it karen what's left on the agenda for the president president just as a couple more uh summit sessions tomorrow the east asia summit just outside manila this is an addon day he wasn't supposed to be here houston's to come home already in route right now but he decided to stay so he'll do those two sessions and head to the airport had back to washington and thirty talking about what he's going to do when he gets there he's going to deliver remarks he says that the white house on wednesday he called it a major announcement on trade in north korea expected to be more wrap up of the trip trying to get the.

jim houston east asia syria apec vietnam philippines washington manila president russia north korea vladimir putin trump obama obama administration white house
"apec" Discussed on WDRC

WDRC

02:17 min | 3 years ago

"apec" Discussed on WDRC

"Breaking at this hour israel shop down a russianmade manned aerial vehicles clogged over the golan heights according to a military spokesman patrolled apparently belongs to brazil regime of dhs nature alassad israel checking a connection iran or hezbollah by the apec economic conference bring up in vietnam president trump and russia's president vladimir putin shaking hands and chatting brazil white house of the krajina state going to work together to defeat isis in syria the illinois remaining nationwide the trans pacific partnership have described the trade agreement even though president the trans pacific partnership in january a big tree has left bang headed to all we'll he'll be hosted at a state dinner later today alabama center candidate name more says the accusations against him are false and politically motivated we're telling the sean hannity show on iheartradio he described any inappropriate duran with a teenage girl nearly forty years ago i don't know yet or will from anybody are now never talked doer never had any contact whether allegation of thank you will conduct with her completely baath up motivated more republicans are calling for judge more to step away from alabama senate race he emphatically rejecting the with just a month outs from a special election and air traffic control nancy charlotte north carolina or has been arrested for possession of mass destruction fox forty six in charlotte reports 30yearold tall denten at a homemade pipe bomb tom when police arrested him yesterday state alana's airports as dead and only had access to the control tower and none of the aircraft f a odds reportedly fired deadend was being held by the mecklenburg tariffs office fox news fair and balanced yeah wildfires millions of acres each year and each year wildland fire fighters like fire chief james hall battled to contain them but they can't do it alone during away ember that escapes from a welfare can travel more than one mile where it can ignite and destroy your home your community or war that.

israel james hall mecklenburg charlotte senate alabama sean hannity alabama center vietnam apec hezbollah brazil iran fire chief deadend alana north carolina duran president illinois syria vladimir putin russia forty years
"apec" Discussed on WSB-AM

WSB-AM

01:46 min | 3 years ago

"apec" Discussed on WSB-AM

"In the wsb 24hour news you need in from channel 2 police searching for a man who they say attacked a female student of georgia the him told police that a man followed her into the square on fifth apartments this morning got off the elevator on her floor and then forced himself into her apartment he also started to remove the victim's clothing a person in the apartment heard the woman screaming and caen the man who then took off the suspect described as a man in his twenty slim build with short hair wearing a green camouflage jacket with a gray hood anybody with information being asked to call police president trump is now on the fourth stop of his twelve day asia's he's attending the asiapacific economic forum the question of will he or won't he meet with russian president vladimir putin who is also there president trump stood shoulder to shoulder with fellow world leaders in local guard as is the custom the annual apec economic uh also in attendance russian president vladimir putin it still clear mr trump will meet formally with his russian counterpart and that's correspondent stephen portnoy in vietnam with the president alabama republican us senate candidate roy more denying allegations of sexual misconduct with minors from zhou dubbed the report which was published yesterday in the washington post comes a month before a december twelve special election political director steve shigero as though explains alabama republicans may still though for more anyway there's an argument to me may that there could be a positive effect on more and more from what happened or with this article yesterday because you have people down there fan the flames and say this is an attack by liberals and democrats on roy more and we're going to fight back and vote for these people are their rock senate republican leader mitch mcconnell and others have called for more to step in the allegations niue wsb's jamie debris reporting this morning that the senate to put also dean smith training you can read more and jamie's blog.

political director dean smith steve shigero apec president georgia jamie senate mitch mcconnell asia washington post zhou roy alabama vietnam stephen portnoy mr trump vladimir putin twelve day 24hour
"apec" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:11 min | 3 years ago

"apec" Discussed on Bloomberg Radio New York

"The world has many places many dreams and many roads but in all of the world there is no place like home and so for family for a country our history and for the glory of god protect your home defend europe tom and love your home today by and for all time thank you god bless the pacific region that was as much speaking in denying in vietnam at the apec summit so look quite an interesting speech that he gave lavished praise on apec nations will vietnam to the philippines to thailand talking about that the transformation of the reach of being nothing short of miraculous talks about south korea china japan india and others then of course he turned some pretty heavy firepower against what he sees as unfair trade practices said the neomg treated the united states fairly and he says this is now going to end to the united states will no longer turn a blind eye to cheating when it comes to international trade rules a unfair trade undermines us all he contrasted the opening up of the united states promoting private enterprise innovation with countries that use big state subsidies state owned companies predatory industrial policies he called out all of those issues but he did also repeatedly talk about about a renewed friendship between the united states of america and these apec countries okay so that is a president donald trump and the speech out of denying name we just brought to you baghdad so from bloomberg's european headquarters in london i'm caroline heck with this bloomberg radio.

vietnam philippines united states america donald trump bloomberg europe apec thailand south korea china japan india president baghdad london
"apec" Discussed on KOMO

KOMO

01:40 min | 3 years ago

"apec" Discussed on KOMO

"Gorilla tips biggest best strongest words he frequently sprinkles into his comments about policy in politics is first trip to asia is no different white house officials over and over emphasizing that this is the longest trip by an american president to the region a more than a quarter of a century thirteen days five countries it's a grueling schedule and don't forget the time zone difference most of the president work will be happening twelve to fourteen hours ahead of what the clock says back in washington karen travers abc news traveling with the president in tokyo but brazil of told reporters on air force one all the way over expected it will meet with russian president vladimir putin at the apec summit of vietnam a us senators but assault did at his home police are big very tight lipped about it the news breaking about 24 hours after it allegedly happened by kentucky state police in a spokeswoman for senator rand paul who only say that at his home in bowling green friday senator paul was assaulted blindsided sustaining a minor injury rene voucher whose 59 is arrested charged with the same senator paul said to be okay no word who voucher is how he happened to be at the senator's home nothing abc's chuck secrets of saudi arabia is in a political turmoil as dozens of top officials are under arrest and king solomon has more power to his son the crown prince to tackle fraud of the kingdom according to the saudi government the arrests are part of a a crackdown against corruption so far at least eleven princes from the saudi royal family are in custody plus several government ministers and a few wealthy businessmen the round ups came shortly after the crown prince and next in line to the saudi throne muhammad bin salman put together a new anticorruption committee abc's matt mcgarry this.

fraud saudi royal king solomon kentucky assault apec washington matt mcgarry abc salman saudi government asia saudi arabia senator senator rand paul vietnam vladimir putin brazil tokyo karen travers president fourteen hours thirteen days 24 hours
"apec" Discussed on WRIR.org 97.3FM

WRIR.org 97.3FM

01:48 min | 3 years ago

"apec" Discussed on WRIR.org 97.3FM

"Peace process so he's probably gonna be if you simply if you support israel making compromises in the peace process you're anti israel you have to stand up to the president for israel we really there's no peace process now there's nothing going on so let's make this let's make bg s the issue on which we can say ben carson is a friend of israel and his opponent as an enemy of israel or any of these house members who support it i haven't apec likes the national rifle association which is almost identical to needs um these do you know these dividing issues for organization for organization building and for targeting enemies so if you know serves organisational goals i mean i the serbs organisational goals here for apec much worse than its services rarely goes out i'm not sure i i mean i i think these yet bds is doing some damage but not damage enough to come up with legislation like best this i really think this is uh this is ends its friends in congress pushing this uh netanyahu's involved to but this is uh eight pack um apec sees its sway with the democratic party being diminished by the rise of the sanders wing of the party so what needs a vehicle so it's chosen this is a vehicle but netanyahu was recently in eastern europe he was using in is kind of mystified as to why the western europeans attending against israel and the and the any places where he's popula uh in these right to democratic countries hungary and poland or turning back the clock so it doesn't seem that.

president israel ben carson congress netanyahu democratic party europe apec hungary poland