18 Burst results for "Mario Pole"
Bloomberg Radio New York
"mario pole" Discussed on Bloomberg Radio New York
"Bank to another the Bank of England is expected to raise interest rates to their highest level in 13 years this lunch time Bloomberg's own pots has that preview for you On the eve of the 25th anniversary of the Bank of England's independence the old lady of threadneedle street is set to raise rates to 1% its fourth straight interest rate hike significantly the BOE will also lay out housing tends to take uncharted steps to unwind more than a decade of bond purchases Policymakers led by governor Andrew Bailey are going to have to balance efforts to contain inflation at a 30 year high against the risk that raising rates will slow the recovery in London union pots have been made daybreak Europe And now to the escalating conflict in Ukraine more than 300 civilians have escaped to the besieged Ukrainian city of Mario pole but according to reports heavy fighting continues at the steel plant The country's president Vladimir zelensky says they are still people including children trapped there We agree in hopes to continue rescuing people from as of stahl and Mario pole There are still civilians women children To save them we have to continue the regime of silence Meanwhile Russia's military says it will open up humanitarian corridors for the next three days to allow those sheltering in the steelworks to escape and Boris Johnson is to meet his Japanese counterpart for mio cache in London today where they're expected to discuss a plan to help Asian nations diversify away from Russian oil and gas Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts symbol then 120 countries and leann gerrans this is Bloomberg Stephen Thanks very much Leanne We're going to turn next to the oil markets and OPEC plus meeting today The group expected to agree another modest production increase this after the European Union announced yesterday it's planned for a phased ban on Russian crude Let's bring in Bloomberg energy reporter Steven stop chins good morning Stephen Oil prices today are steadying WTI up about 8 tenths of 1% but it's 30% this year with the war in Ukraine What should we expect from OPEC plus While the war has obviously done a lot to the market and you're saying that this oil ban from Europe potentially further tightening the market exacerbating a global supply crunch with oil prices jumping to the highest level in over a decade I don't think and I don't think analysts expect much more action from OPEC plus because one they're very focused on what's happening in China There are China is the largest importer of crude oil There are large government mandated lockdowns happening across many cities and that's curbing demand for diesel for gasoline for oil products which means that they don't need as much crew That's having a larger impact on the market according to OPEC plus And that's why they want to be more modest With their increased in production going forward despite what's happening with Russia and how Europe's effort to ban Russian oil is going to tighten the market How does China's anti COVID lockdowns play into demand then Because there are several factors now and demand from China is pretty critical Demand from China is very critical They are when you look at Asia Asia China is the biggest market They're the biggest market in the world when it comes to just importing And removing a lot of that demand will create a bit of a bearish sentiment in the market And you've seen that for weeks We jumped to highs of a 120 plus dollars for oil A few months ago but since the COVID outbreak in China you've seen these prices fall you've seen Brent futures fall quite a bit using WTI fall down below a $100 briefly Now they're back up with the ratchet up of pressure on Russia but you have to look at the demand story and the demand story is China and the China story is what is the government doing about lockdowns and how is that affecting demand Hi then should we be interpreting the results we're getting from the oil majors shell today adjust to profits beating expectations how does that factor into the overall picture in the market Well I mean you look at these oil prices and they are a bit out of whack when you look at the supply and demand situation There's obviously there's this risk premium with Russia this war premium that isn't going to stay forever So while we are seeing a surge in prices and one of the big oil companies are benefiting from this you know they are they are doing well in terms of selling their products oil natural gas looking by natural gas Their trading desks are doing well because they can trade that arbitrage and they're very nimble and they're smart and they have the best people in the industry But moving forward they know that this can't last So when you look at the energy transition when you look at the agreements made in COVID 26 there is going to be an effort to decarbonize And that means that over the mid to long term the demand for oil and gas will fall and that is something that they want to take to the expectations that there are good times now but it's not going to continue forever Yeah opaque plus also rejected the idea of pumping more have they not despite the kind of fevered requests from the U.S. and other parts of the world Does that change at all at this meeting I'm sure that's not likely but what do you think Yeah you would think when you look at the market when you look at the articles that my team and my colleagues are writing about how this war could tighten the market and how a ban on Russian oil to Europe will have them scrambling for a shrinking supply of oil You would think that that would affect OPEC plus decision making but it's not They've been very firm in their decision making when they're purely looking at just the war They haven't changed their steps And that could be by design Russia is part of OPEC plus There are other factors like China but also to look at all right how much more can we actually produce as a question that they have to be asking themselves as well Okay Steven's keep Bloomberg as your reporter thanks very much for the latest on that Yeah really interesting OPEC cloth meeting.
Bloomberg Radio New York
"mario pole" Discussed on Bloomberg Radio New York
"The visit Pelosi said the purpose of the trip was to send a clear message to the world Pope Francis is calling for an end to Russia's invasion of Ukraine in a message delivered today in Saint Peter's square the Pope said the war is a macabre regression of humanity Frances said his thoughts and prayers go out for the city of Mario pole which the Pope calls the city of Mary The governor of Arkansas says the U.S. should be concerned about economic recession Anybody that looks at where we are and the fact that we didn't have any economic growth this last quarter has to be concerned about that Appearing on CNN State of the Union asa Hutchinson urged the Biden administration to quickly address the issue the Republican governor blasted the idea of canceling student loan debt as irresponsible He suggested that having a solid economic plan in place would be more effective than immediate relief That's the latest on DD kodiak I'm Barry Rudolph you are listening to masters in business on Bloomberg radio My extra special guest this week is Michael Lewis Who win the audio rights for liar's poker reverted back to him he decided to make a complete audio recording of the book and that forced him to reread it for the first time in three decades I just reread it for the first time since the mid 90s Tell us what your experience was rereading your own work Unsettling I don't reread my books Sometimes I feel like I should and I pick them up and I read the first sentence that I can't do this And I did that with liar's poker I remember on the paperback tour year after it came out and I thought I got to go read it and remember within it and I couldn't even do it So this really is the first time I reread it And I thought a couple of things were instantly obvious One I was in the hands of an amateur And I could actually hear one form the amateurism took was the pros is infected by the voices of whoever's book I was reading while I was writing it So one point I was reading some George Orwell and other Mark Twain or Tom Wolfe or Rebecca west or I remember when I was reading at the time because I can hear their voices in my prose And it's a pale imitation of their voices but I could see that the voice was wavering in the book And particularly early in the book and not the first chapter because I wrote the first chapter last but when you start at chapter two you're seeing me in the beginning of my career And it's kind of interesting It's not till I get to about I can't do the passage in chapter 8 where I thought huh I'm liberated This is actually more me I recognize this And it's subtle but it was sort of like I don't advise anybody do this I was learning how to write a book by writing a book And you can see it in the pages of the book So that's surprised me The other thing Let me jump in here because I just have to tell you I had the same experience rereading this in that it's clear in the beginning it's not truly you hadn't discovered your voice yet but towards the 60% mark or so and I read this on a Kindle which I normally I prefer hard paper but I noticed that where you start talking about the mistakes that Salman brothers management made like the beginning of the end of Solomon brothers your becoming Michael Lewis in that you're making these broad observations about other people's judgment errors and your voice really rings true there And my own judgment errors I think the moment the moment I first recognize really recognize myself on the page is an 8 page or ten page story where I it's the first time I rip off a customer And I'm so stupid I don't know I'm ripping them off I think that the trader is just giving me a smart thing to do And that's the first time I thought oh God this works I wouldn't actually change this And this feels like me So that's So that was the first takeaway I was figuring out how to trust my self As I was writing the book and I came to trust myself eventually So that's observation number one Observation number two was how much the financial world had changed Since then that I remember thinking as I was reading I was thinking God I was so lucky that people actually shout out at each other and through telephones at each other And we're actually doing trades face to face Because without that the book just has no life And you walk into trading floor or hedge fund now and it's just like silence It's like people staring at screens and Tapping away and algos are doing the trades And I would be very hard to make it interesting now As it was I think it was just a more lively place But there was the butt was you could see the seeds of what Wall Street is now in what Wall Street was becoming then There are big macro things happening and they're happening in the book that are big changes Starting with the class of Princeton wants to go work on Wall Street These changes that are happening in the culture That are happening right then And so in that way there was a current there was still some currency to it That was that was the other reaction I had lots of other little reactions The main little reaction was and this is like a rule When I thought I was being funny I wasn't funny And the stuff that was funny I didn't realize it was funny When I was laughing I was rereading my book I was laughing at places where I didn't laugh when I wrote it And I wasn't laughing in places where I did laugh where I wrote it So let me share one thought with you that I didn't I couldn't have picked up in 94 and 96 whenever I read it The first time but it was very clear this time not just that Salman brothers was formative to liar's poker but liar's poker very much foreshadowed your future books The whole discussion of how mortgage bonds were developed and other the IOP bonds and other sort of things sort of presage the big short There's conversations about geeks and experts being ignored presaging money ball and premonition There's even some discussions about the computer guys coming in and they're still ignored but eventually that's flash boys and am I wildly overstating this or are there seeds of your future books present in 1989 Well there's no question that the big short is.
Bloomberg Radio New York
"mario pole" Discussed on Bloomberg Radio New York
"At 7 eastern on Bloomberg radio and Bloomberg television Ukraine's foreign minister expects to see fighting intensify in the donbas region appearing on CBS's face the nation foreign minister di metro collabo said Ukraine is bracing for continued missile attacks on major cities and desperate attempts by the Russians to take the port city of mariupol at any cost He also indicated that the fall of Mario pole could be a red line in Russia Ukrainian negotiations to end the war Pope Francis using his Easter message to call for peace in Ukraine he spoke of the darkness of war and cruelty and ended his speech by saying Christ is risen in Ukrainian A top Democrat says money for global vaccination should be considered emergency spending One of my colleagues memorably said well my constituents are done with this pandemic Just because we're done with the pandemic doesn't mean it's done with us Appearing on CBS's face the nation Delaware senator Chris Coons suggested getting shots to some of the 3 billion unvaccinated people around the world is a matter of national security That's the latest I'm Dina kodiak And I'm susannah Palmer in the Bloomberg newsroom Mayor Eric Adams appeared alongside New York police department commissioner kishon sewell on ABC's this week Adams noted that big cities around the country are hurting from crime Here's what do you think this has to be done in New York City You have to unbound on that to court and then we have to be honest about some of the things we're doing generationally that has created the crime problem Adams also said getting guns off the streets holding corporations responsible when they watch hate brew online and addressing social problems are the keys to solving the crime crisis For her part sewell emphasized the importance of rebuilding the public's.
Bloomberg Radio New York
"mario pole" Discussed on Bloomberg Radio New York
"App This is Bloomberg radio Now a global news update A dozen people are injured after a shooting at Columbia center mall in South Carolina Columbia police chief skip holbrook says some people were shot Others were hurt in the stampede We had 12 injured No fatalities I repeat no fatalities Ten suffered gunshot wounds Three suspects are in custody Officials are still securing the crime scene The shooting happened around two 30 Saturday afternoon at the mall about ten miles from Columbia Police believe the shooting was not random and the suspects likely knew each other A wildfire in southern New Mexico has killed two people Authorities say as of Saturday night the McBride fire was 56% contained after destroying over 6000 acres near the white sands missile range The fire killed two people in their home in the town of rodo The high fire risk will continue Sunday in central New Mexico because of drive breezy conditions Ukraine's president zelensky says if the strategic port city of Mario pole falls to Russian forces there will be no peace talks with Moscow He made his comments as the Russian onslaught of Mario pole continues Meanwhile Russian air raids and missile strikes at Ukraine's capital city of Kyiv and other major targets following the sinking of a Russian warship in the Black Sea The White House Easter egg roll returns Monday morning Michael kassner reports The annual event was on a two year hiatus due to the COVID pandemic President First Lady Jill Biden will welcome thousands of children and their families including military families The tradition of The White House Easter egg wrote dates back to 1878 I'm Michael kassner North Korea says that successfully test fired a new tactical guided weapon aimed at boosting the country's nuclear capabilities Korean central news agency says North Korean leader Kim Jong-un was there for the test firing and gave important instructions on building nuclear combat forces of the country state media said the test had great significance in drastically improving the firepower of long-range units I'm Brad Siegel Travelers shouldn't expect any elbow room this summer with flight bookings at record levels Mike Bauer has more Despite inflation pummeling road warriors and flyers travelers shouldn't expect any elbow room this summer Flight bookings are at record levels Delta says with a rebound in demand the month of March was the best cash sales month in delta's history and if you're looking for a rental car when you get to your destination be prepared for issues there as well The pent up demand is outpacing the supply of rental cars After selling off cars due to the pandemic and nobody using rental cars many rental car companies are now struggling to replenish inventory because of supply chain issues a chip shortage and other delays I'm Mike Bauer Gas prices appear to be holding steady this Easter weekend the triple-A survey shows the national average price for regular At 4.7 cents a gallon for the third day in a row The lowest priced gas in the country is in Missouri where the statewide average is 360 five a gallon The highest statewide average that's in California at 5 70 a gallon Many will celebrate Easter this weekend with candy Rebecca Hubbard tells us which candies are the most popular A new study from a grocery delivery service Instacart is listing the most popular Easter candies purchased around the nation is to cart releases a list of the top ten Easter candies purchased in the country and the number one treats favored in each state Cadbury creme eggs came in number one overall in the U.S. in South Carolina the favorite is starburst Easter jelly beans I'm Rebecca Hubbard Authorities are searching for a male passenger who jumped overboard from the carnival Mardi Gras Early Saturday morning USA Today reports the man jumped overboard When the boat was about 55 miles from port canaveral near Orlando Florida the Mardi Gras and another nearby cruise ship started to search immediately the U.S. coast guard has now taken over the search And the FDA is recalling a popular popcorn snack sold in 18 states around the country Snack king voluntarily recalled 5 ounce packages of O organic sea salt organic popcorn because it potentially contains an undeclared milk allergen I'm Brad Siegel The Yankees needed something to start their bats It happened to be a hailstorm in Baltimore After a rain hail delay the Yankee bats erupted In fact Josh Donaldson's two run Homer came after Anthony Rizzo and Giancarlo Stanton at RBI hits the Yankees go on to beat the Orioles 5 two in Baltimore Yankee starter Jamie Taylor had given up a two run Homer to Cedric Mullins and the Yankees trail two zip heading into that rain delay The Matt sander three game winning streak stopped at Citi Field losing to the Arizona Diamondbacks three two but don't blame starter Carlos Carrasco who was simply brilliant 8 strikeouts and allowed just three hits over 5 innings of work but the bullpen gave up three runs in the top of the 7th the mets didn't give up though starling Marte smacked a two run Homer in the bottom of the 8th but the rally would fall short and the mets lose to the Diamondbacks NBA playoff action gets underway for the nets and the Celtics Sunday afternoon at 3 o'clock in Boston plenty of action in first round play It was the Utah Jazz surprising the Dallas Mavericks 99 93 Luka Dončić didn't play for the Mavericks and it hurt Donovan Mitchell leading the jazz with 32 points The Minnesota Timberwolves destroy the maphis grizzlies on the road Anthony Edwards with 36 points he's hot all star center Carl Anthony towns teammate had a monster game with 29 points pulling down 13 rebounds in the T wolves victory The sixers look good on their home court in Philadelphia beating the Toronto Raptors one 31 one 11 Steph Curry returned to the Golden State Warriors lineup just in time for game one of this playoff series against the nuggets and Golden State beat Denver one 23 one O.
Bloomberg Radio New York
"mario pole" Discussed on Bloomberg Radio New York
"Europe Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in will then 120 countries and neon garands this is Bloomberg Tom Leanne thank you Let's continue to unpack the latest then when it comes to the war in Ukraine as was mentioned in an effort to push for an end To the conflict Austrian Chancellor Karl nehammer made a last minute trip to Moscow on Monday to meet with Russian leader Vladimir Putin Joining us now then is Bloomberg news reporter Bruce einhorn to get us up to speed on what exactly transpired in Moscow Bruce Good morning Did not offer a positive takeaway after his meeting with the Russian leader No no quite the opposite He said he was rather pessimistic on prospects for peace after meeting with Putin He came under a fair amount of criticism the Austrian Chancellor for even going to Moscow in the first place He's the first leader from an EU country to go to Moscow since the war started in late February He defended the decisions saying that he could speak to Putin directly about allegations of war crimes But no there doesn't seem like there's been any progress to come out of this meeting as far as working toward any sort of end to the war And Bruce at the same time we had European officials foreign ministers meeting in Luxembourg to discuss the next steps when it comes to sanctions but also military aid for Ukraine What came out of that meeting in terms of specifics Well the foreign ministers agreed at the meeting that they are going to give an extra €500 million to Ukraine To fund the arms purchases And they are sort of a bit of a turning point here because as the Luxembourg foreign minister Jean alcohol said when talking to reporters at this point there getting close to running out of things to sanction he said that there's a point now is that if it's a question between sanctions or weapons the focus now is on weapons The one big category of course built to be sanctioned Russian energy in particular oil and gas but given the opposition from a lot of European countries that's not going to happen at least in the short term Yes I think we saw again a reiteration of the desire to cut off oil and gas from Poland and the Baltic states but of course Germany saying they need more time Germany and others Bruce when it comes to the tragic situation in Mario pole and the plight of civilians there who continue to face this Russian bombardment What do we know about the toll the death toll and how things could further transpire for that key city It's bad According to the mayor of Mario bald who last week had cited preliminary estimates of 5000 people dying the number is now at least twice that And he said that the difficult could be more than 20,000 and he said that of Russian forces are now bringing mobile crematoria into the city to dispose of the bodies and he also accused Russian forces of refusing to allow humanitarian convoys and sophisticated the humanitarian disaster in Mario Paul is just huge and the fighting continues there And Bruce before we let you go Liz truss the UK foreign secretary says that she or at least the tea in the foreign office here in the UK are looking into potential chemical weapons use in Ukraine What do we know about this We don't know too much at the moment We know that there have been some reports from Ukraine about possible use of this It would it's true this would present a major challenge to NATO to EU on what sort of response they would be Chemical weapons are weapons of mass destruction and so there is use of weapons of mass destruction in this warrior will further increase pressure on the western nations to take even more action Bloomberg news reporter Bruce einhorn on the latest when it comes to Ukraine the efforts to hold Russia accountable Thank you very much Indeed let's check in on the markets You had a Green Day on Wall Street yesterday S&P 500 ending lower by 1.7% but the losses even more extreme and the tech heavy NASDAQ 100 closing down at 2.3% The Asian session currently the benchmark down by about 8 tenths of a percent Chinese mainland markets just about turning around now the CSI 300 the benchmark on the mainland up four tenths of a percent European.
Bloomberg Radio New York
"mario pole" Discussed on Bloomberg Radio New York
"For a check the latest world in national news with Nancy Lyon Hey there nets Thanks Tim President Biden's top economic adviser will not weigh in on whether a recession is around the corner but Brian deese did tell Bloomberg COVID lockdowns in China as well as the Russian invasion in Ukraine or both weighing on the economy We're facing rocky waters right now but the United States is probably better positioned than any other major economy to navigate effectively through them Why is that strong economic growth strong household balance sheets a strong American consumer and an incredibly strong labor market Brian D spoke with Bloomberg a day before the release of the march consumer price index de believes that report will show elevated prices but he hopes inflation will be lower by the end of the year Russia is claiming it has destroyed several Ukrainian air defense systems as Russian forces move into disputed territory in the east But The Pentagon's John Kirby is refuting that claim I would just say this about Ukrainian air defense they still have a lot of their air defense capability available to them John Kirby says the new general Vladimir Putin is placed in charge of Russian troops is known for being especially brutal UNICEF says nearly two thirds of Ukrainian children have been displaced since the start of the Russian invasion And officials says the situation is dire for those in cities like Mario pole where kids have gone for weeks without running water and working sanitation The UN agency is warning the long-term effects on kids whose lives education and well-being have been disrupted.
The Trish Regan Show
Preventitive Diplomacy's David Falt Reflects on the Russia-Ukraine War
"So amid new word of sanctions coming from the U.S., along with Europeans looking to do something quite similar, I am joined today by David fault from preventative diplomacy founder and head of preventive diplomacy, which is an organization that works around the world in some pretty dicey places to see some conflict resolution. He specifically has been working at gathering evidence on war crimes there in Ukraine and joins us now. David, welcome. Good to have you here. Thank you very much, Chris. So, okay, let's start with what we saw coming out over the weekend. I mean, it's pretty horrific. You have observers there. Walk us through what you guys are seeing and where you think this is heading in terms of some of the war crimes and the evidence that you've been able to gather. So we deployed very early on in the forest in the first days of the conflict starting, and our assumption was that they were, we didn't think they were going to be able to take Kyiv and we estimated or our guests was that he put in really interest lies in the Black Sea area so that he can connect the crimping with Mario Paul Donbass in that region and maybe extend his slice of the country so to speak, maybe extend it as far as to Odessa, which is a strategic port facility, the basis for that reasoning was pretty simple, we looked at how he behaved in Syria when he joined that conflict and it was pretty obvious that he backed their third regime mainly to secure his military or naval facilities in the Latakia area south of the tartus mountains, so working from backwards from that we figured, yeah, the real onslaught there is going to happen down in the strategic Black Sea port areas. So we wanted to go in early. So we went in in the first couple of days to see what the status of those areas were and what type of reconnaissance team and amphibious activities was going on there. We obviously had to pull out of Mario pole after 9 days of the conflict, this is an independent of effort.
Bloomberg Radio New York
"mario pole" Discussed on Bloomberg Radio New York
"As some S&P 500 futures currently flat NASDAQ 100 futures up two tenths of a percent Now this follows this steep sell off in tech yesterday in the bond space treasuries are gaining after the fed's plan to prune its massive bond holdings U.S. ten year treasury yield is down two basis points yielding at 2.5715 the Bloomberg dollar spot index that is actually just higher one tenth of a percent the Euro was a little changed and the commodity markets continue to be whipsawed by disruption sparked by the war in Ukraine so Brent crude is currently lower nearly three tenths of a percent will cost you just over a $100 a barrel WTI crude also lower one tenth of a percent costing you $96 a barrel and that was your Bloomberg business flash now here's Hannah George with more on what's going on around the world Hannah good morning Good morning Leigh Anne thank you very much now in Ukraine's court city of Mario Paul the mayor says the Russian attacks have killed more than 5000 civilians He also says that more than 90% of the city's infrastructure has been destroyed if Russia captures Mario pole it would open up a land corridor to the Crimean Peninsula Moscow sees that from Ukraine in 2014 In top corporate news now HP shares are surging more than 11% in early trading after Berkshire Hathaway bought a stake in the laptop maker valued at more than $4.2 billion Warren Buffett's company has historically shied away from tech investments but has leaned into the sector in recent years with a stake in Apple And in other news the UK is ramping up plans to build new nuclear power stations in offshore wind farms as it seeks to bolster energy supplies in the wake of Russia's invasion of Ukraine The government's energy security strategy aims to triple installed nuclear power capacity by 2050 It also adds more ambitious targets on hydrogen solar power and North Sea oil and gas projects but labor says it won't do anything to bring bills down Global news 24 hours a day on air and on.
Bloomberg Radio New York
"mario pole" Discussed on Bloomberg Radio New York
"Global news update this is a special report the Russian invasion of Ukraine the Red Cross is saying it will try again today to evacuate Ukrainian citizens from the port city of Mario pole the city in southeast Ukraine has been under attack and tens of thousands are reportedly trapped with little food or water the Red Cross says it sent a team to Mario pole Friday to lead a convoy of over 50 buses and other vehicles out of the city but had to turn back because of Russian attacks While the president of Ukraine pleads with The White House for airplanes and missiles speaking with Fox News Vladimir zelensky says President Biden shouldn't bother sending helmets Now just give us a missiles Meantime vice president Kamala Harris says U.S. sanctions against Russia are having an impact telling NBC News the world leader she's met with over the past couple of months have praised the U.S. for its response Thanking the administration for rebuilding the relationship between NATO and European allies This has been a special report the Russian invasion of Ukraine I'm Scott Khan This is Bloomberg Wall Street week with David Weston from Bloomberg radio We're joined again this week by our special material Larry summers of Harvard So Larry we got jobs numbers out at the end of the week on Friday strong job numbers once again also by the way I should say strong increases in wages At the same time it does raise the question whether this economy maybe even more overheated than we thought Look I think the single most important statistic for judging overheating is the ratio of vacancies to unemployment And with these jolts numbers and these unemployment numbers that statistic is going to be plumbing new highs In when it's next calculated and that suggests even more tightness in labor markets And I think that points towards even more inflation So I think near term we've got to if anything a bit greater inflation concern than we had before we saw these numbers Of course it's good that the economy is looking relatively strong I think if you were in doubt as to whether the previous weakness was fundamental or was caused by omicron this would tend to tilt you towards thinking that it was caused by omicron But look labor market indicators are always contemporaneous or lagging So we don't know what the future holds and certainly there are worrisome signs in terms of what's happening with consumer sentiments But for now I would say these are relatively inflationary numbers and that's how markets look to be reading them with significant movements towards yield curve inversion At the same time you'd be the first to say these jobs are good for the people who are getting jobs and particularly some of the people at the lower end of the spectrum which is something we should be concerned about Is there no way that we can both take care of those people make sure their employed that they are getting paid fairly And not overheat the economy David look this is why the earned income tax credit is such a good idea This is why I've supported increases in minimum wages This is why we need stronger programs for people who don't go to college of many kinds.
Bloomberg Radio New York
"mario pole" Discussed on Bloomberg Radio New York
"TV plus your music your fitness apps plus that iPhone and other Apple hardware Now there's no word on what the fee would be to essentially lease your iPhone but gurman says it would probably be lower than what you'd pay your carrier to finance it for 12 or 24 months and gurman thinks this will be a long-term money maker for the tech giant It's going to mean more upgrades more services purchases more app downloads So I think overall this is a smart transition that you're going to see happening Nathan Hager Bloomberg radio Breaking news first Or in Ukraine Russia is promising to scale back military operations near the capital city of Kyiv and the city of churning Pentagon spokesman John Kirby says the southern city of Mario pole is still taking heavy fire Ukraine's president has paid down progress in peace talks There is white Russia says and then there's what Russia does and the U.S. is looking at the latter For the latest headlines and the effect on the markets Stay with Bloomberg radio the Bloomberg business app and Bloomberg radio dot com This is a Bloomberg money minute It seems Tina Turner sings the new anthem for retirement age Americans The question is where'd you go The pandemic pushed millions of older Americans out of the labor force It should have spawned a surge in social security benefits applications but it hasn't Perhaps because they aren't retired Sapphire partners Kathy gal Some folks might certainly be changing careers where potentially exiting the labor force my sense is that the majority you're actually switching companies Maybe as a contractor with more flexibility BMW employs professor Nicholas Bauer to help devise ways to keep an aging workforce He says older workers are in demand because they have experience If you are old you have already made enough forts which you won't ever repeat It is suggested the pandemic may have led to a realization of our mortality and a desire to live a work free life Greg Jarrett Bloomberg radio Attention RIAs are your clients asking for crypto and interactive brokers advisers can now offer crypto to their clients and you can trade stocks options futures currencies bonds and more.
Bloomberg Radio New York
"mario pole" Discussed on Bloomberg Radio New York
"Stuff I'm in triple lovers all cash I don't care Thanks for participating this morning Other things not so much Yesterday afternoon what she did to me in a game of parcheesi was unsafe How did that guy I got crushed Dumb keen Jonathan farrow and Lisa Abraham it's host Bloomberg surveillance You see how many glue scenarios Lisa had lined up then It looks like 5 We do mornings at 7 eastern on Bloomberg radio and Bloomberg television What is dedication The thing that drives me every day is a dad is very young and we call them daily for short Every day he's hungry for something whether it's attention affection knowledge and there's this huge responsibility and making sure that when he's no longer under my wing that he's a good person I want him to be able to sit back one day and go We work together we did a good job That's dedication Find out more at fatherhood dot gov brought to you by the U.S. Department of Health and Human Services and the ad council Breaking news first or in Ukraine Russia is promising to scale back military operations near the capital city of Kyiv and the city of Chernobyl Pentagon spokesman John Kirby says the southern city of Mario pole is still taking heavy fire Ukraine's president has paid down progress in peace talks There is white Russia says and then there's what Russia does and the U.S. is looking at the latter For the latest headlines and the effect on the markets Stay with Bloomberg radio the Bloomberg business app and Bloomberg radio dot com These are the sounds of a dinner a dinner that almost didn't happen A dinner now served thanks.
Bloomberg Radio New York
"mario pole" Discussed on Bloomberg Radio New York
"Television and radio I'm David Weston We hear about it and we see it every single day The humanitarian disaster in Ukraine What is being done to so many innocent civilians every single day But there are people in Ukraine who are fighting to try to protect these people provide for them We're going to go now to some of your represents that group of people She's Avril Benoit She is emergency communications director for the organization we call Doctors Without Borders They have a French name but I never took French as I just said to her Thank you so much for being with us You're in as I understand leviev Give us a sense What's going on on the ground in lviv Yeah lviv is actually very safe If you ignore the air raid sirens which sometimes happened 5 times a day which of course we don't we go into the basement But this is a city UNESCO heritage site where it's considered relatively safe At least if you could say anywhere in Ukraine is safe So a lot of displaced people may be 200,000 people from other parts of Ukraine have ended up sheltering here We're using it as a main supply base because one of the main things that medical doctors hospitals and nurses have told us around Ukraine where they have a highly developed medical system highly trained and skilled medical expertise They have told us they lack certain things certain supplies So we bring it in through Poland for the most part through lviv and then dispatch it out to various hotspots around the country And the other thing that we've been able to do here as well as in many parts of the country is offer something that the Ukrainian positions as skilled as they are just don't have and that is we're trying to share our expertise in war wounded in triage in mass casualty responses and things like that So as you know I've discussed you're in the field I'm not So I'm not sure how it works but I'm inclined to ask take us from the west where you are across to the east and the gradations of the level of problems that you're facing Sure Well you see the map of some of the places where we're working It's not entirely complete because we're not necessarily always indicating where we're working but you can see lviv over there on the left by the Poland border And then you have a certain number of areas around the borders you know any number of countries where you have people who have fled The United Nations refugee commission says that there are just millions and millions and they tabulated every day But in places like Poland in Hungary and Moldova you have displaced people In Ukraine itself though that's where you have the most And as you move further into the interior to the capital of Kyiv and then onward into the east those are the real hot zones and coming down to the south you have Mario pole Mario Paul being the city that is entirely encircled perhaps even completely besieged And there are very daring rescues that are happening to try to get people out and medical supplies in and other kinds of lifesaving supplies into Mario pole largely led by the international committee of the Red Cross which of course has that particular mandate to negotiate that sort of access And then what we're doing is positioning our medical teams in the various places where people are likely to come out because we can then perhaps facilitate the transfer of those patients to safer places like lviv where they can get higher levels of care in a relatively safe environment So our worst simulcasting on radio as well as television so I'll just try to describe what we saw for our television audience is for our radiance is what we saw was some operations for medicines on frontier over in the western part of the state almost on the border with Moldova going over toward Poland Obviously in leave then also I saw it down in the south around Odessa it looked like and then operations in Kyiv as well Talking about Mary pole which seems to be just a terrible tragedy right now Can you get medical supplies into Mario poll at all at this point We can not We have tried a number of times and I know that there's always a convoy on standby standby that is trying to make the attempt So as I understand it there is an attempt going on right now as I say would be with the ICRC in the lead and we very much hope that they can have that access One of the things that we encountered when we had supplies loaded on flatbed trucks trying to reach Mario pole is that the road was just littered with mines with improvised explosive devices and things like that And certainly you can move a little cars zigzagging through the debris on the road and the various mines But you can not move trucks And so for us this was a massive devastating missed opportunity to bring supplies in and then at the same time bring people out on the other side Most of us think about what you need to do over there is related to injuries from the war At the same time there were infectious disease issues in Ukraine before this happened I've read about What was the medical state in Ukraine and to what extent has that been exacerbated by this war Yeah it's a really interesting question because certainly a lot of the attention right now is on war wounded and trauma What we're seeing though is that as we have seen for many many years there is with this elderly population chronic disease which now with the war is left unaddressed to some extent while the hospitals are the Ukrainian hospitals are prioritizing the war wounded The others who need to come in and deliver babies and children who need vaccinations and all the other care that people need people with diabetes need their insulin These are the areas which risk being neglected The other thing we're seeing is that people who are older have less income maybe no car have not been able to flee cities like Kyiv And so they're at home alone They don't have their medications or they've run out They don't have the energy or the mobility physically to be able to go and stand in line at a pharmacy that's run out of stock So there are all these gaps that are beginning to emerge And these are what you might call the knock on effect So you'll have the those who are killed and injured by direct impact of the war And then you're going to have those who become sick as an indirect impact of the war And so that is certainly an area of focus for the medical humanitarian intervention we're doing Monumental task Thank you so much for sharing with us That's Avril Benoit She is emergency communications coordinator for medicine San frontier And she is coming to us today from lviv Ukraine Coming up we're.
Bloomberg Radio New York
"mario pole" Discussed on Bloomberg Radio New York
"With Russia perhaps involving some territory Well essentially what he said was that we can't talk about territory until Russian troops are withdrawn but what he did say was that they don't have to be withdrawn beyond the point where the war started So those parts of the province that were already occupied by a mix of Russian and separatist troops for the last 8 years So essentially what he's saying is more or less actually what he said before which is we have to go to the status quo as it was on February 23rd before the invasion Then we can talk about the status of the Crimea He's not saying as Russia is demanding with troops on the field that Ukraine should give these territories acknowledge Russian ownership of Crimea and the independent status of Donbass and behance And U.S. UK foreign secretary Liz truss has said that the government here would consider lifting sanctions against Russia if there was a commitment to no further aggression a ceasefire and a withdrawal from Ukraine So kind of creating an off ramp but is there any sign Russia would take it or is that just trust trying to show leadership on the world stage I think it's an important message because one of the concerns the Russians have and for years when you would speak to Russian officials or indeed advisers to the Kremlin they would say look it really doesn't matter what we do We're going to get sanctioned sanctions will not get lifted they will recall that Jackson vanek amendment that remained in place for years after the Soviet Union fell sanctioned that was put in place during the Soviet so it's an important message to get out there to say that actually yes there is an upside to you if you will sit down and negotiate in good faith And China's role in all of this is it complying with sanctions how much is it coming to the aid of Russia briefly Mark Well we still are unsure but what it does seem like is that the Russian gas Chinese companies unwilling to take the risk of helping Russia out publicly In terms of buying cheap oil China is up for that as is India the country And the head of the Ukrainian military intelligence has said Russia wants to split Ukraine and set up a separate Moscow controlled region That's after they failed to take over key from knock out the government So in your mind at this point what's Putin's goal Well the immediate goal does seem to be to consolidate in the east to take all of those two provinces And that includes Mario pole and a land corridor down to Crimea Unfortunately that doesn't necessarily.
Bloomberg Radio New York
"mario pole" Discussed on Bloomberg Radio New York
"24 hours a day at Bloomberg dot com on the Bloomberg business app And at Bloomberg quick take This is Bloomberg radio The White House says President Biden was not calling for regime change in Russia Scott Carr with more During a speech in Poland Saturday Biden declared Russian president Vladimir Putin can not remain in power a White House official later said the president meant that Putin should not be allowed to exercise power over his neighbors in the region Fallout over the comment has been divided pretty much along party lines in the U.S. a Kremlin spokesman dismissed the remark by saying it's not for Biden to decide who the Russian people choose to elect Ukrainian deputy prime minister Olga stephania saying that the battered port city of Mario pole doesn't exist anymore appearing on ABC's this week Stephanie Shana only reported that Mario pole is 85% destroyed but that some of the citizens have been forcefully displaced into Russian territory She recognized that dozens of Ukrainian cities were in similar situations but that Mario pole was strategically significant to the Russians Senator Amy Klobuchar is certain that judge kotoni Brown Jackson will be confirmed to the Supreme Court appearing on ABC's this week the Minnesota Democrat described Jackson as a pillar of strength and noted that she's garnered support from Republicans in the past despite criticism that the scotus confirmation process has been deeply partisan in recent years Klobuchar believes enough Republicans will support Jackson in the formal vote on April 4th A two time Oscar winner says he will smelt his best actor statuettes if Ukrainian president zelensky is not invited to participate in tonight's Academy Awards ceremony Sean Penn told CNN's Jim Acosta Saturday he's encouraging a boycott of the show and promised to destroy the Oscars he won for mystic river and milk pen is currently in Poland with his nonprofit group corps to provide humanitarian relief the Academy of Motion Picture Arts and Sciences has not publicly said if the Ukrainian president will participate in tonight's broadcast by way of satellite or a pre recorded message Scientists say a large area of Antarctic ice has fallen apart satellite image show at 450 square mile of the Congo ice shelf on the eastern side of the continent of Antarctica appears to have collapsed NASA researchers say an unusually extreme warming trend that sent daily highs near 70° earlier this month is partially to blame I'm Dina kodiak A new school in Yonkers New York will be named after Supreme Court Justice Sonia Sotomayor David fuch Thomas reports Groundbreaking for the new building taking place Friday at 73 Lawrence street the school will be named justice Sonia Sotomayor community school in honor of the 67 year old Bronx native who became the first Latina to sit on the U.S. Supreme Court back in 1998 The new school will serve 675 students from pre kindergarten to 8th grade Construction is expected to be completed in time for the 2023 2024 school year David folk Thomas New York A man who attacked a gate agent at Atlanta's Hartsfield–Jackson international airport last week probably won't be flying Southwest Airlines again any time soon Atlanta police say the passenger i-d-ed as Courtney Drummond was arrested and hit with a simple battery charge after he allegedly physically assaulted a Southwest gate agent on Tuesday after being ejected from one of the carrier's aircraft for unruly behavior At last report Drummond was cooling his heels at the county jail Four people were killed when a driver crashed into a homeless camp in Salem Oregon early this morning the crash happened near front and division streets northeast to people died at the scene four people were hospitalized with life threatening injuries and two of those people later died The driver was also hospitalized Police are investigating the cause of the crash The Oscars are planning to address the war in Ukraine at tonight's awards show executive producer will packer said Saturday that it's a momentous time in humankind's history and there's no way to go into the show and not find a way to respectfully acknowledge how fortunate they are to have the Oscars The Powerball jackpot continues to grow lottery officials say no one picked all 6 numbers in Saturday night's drawing That means Monday's jackpot will be worth $195 million Saturday's numbers were two ten 50 59 61 and the mega number was 6 As for Tuesday's mega millions drawing that's worth $60 million I'm Dina kodiak And I'm Susanna Palmer in the Bloomberg newsroom Governor Kathy hochul said today that COVID related hospitalizations in New York State have been below 1000 for more than a week According to the latest numbers released by the governor's office the number of people hospitalized with COVID-19 dropped by 22 over Saturday's figure 7 new deaths were also announced today Pushback from top Capitol Hill lawmakers following the announcement that the veterans administration plans to close dozens of VA hospitals and clinics across the country to build new facilities Senate majority leader Chuck Schumer of New York said he's urging the VA to rethink the planned hospital closures We are going to fight this proposal to the nail We are going to put a dagger through its heart It is not going to see the light of day And we're here doing it now Because we're going to nip this in the butt Schumer says the VA wants to close the Manhattan Brooklyn.
Bloomberg Radio New York
"mario pole" Discussed on Bloomberg Radio New York
"Expectation going into this year was that we would see basically see inflation peaking in the first quarter then maybe leveling out and then see a lot of progress in the second half That story has already fallen apart to the extent it continues to fall apart My colleagues and I may well reach the conclusion that will need to move more quickly And if so we'll do so The gap between 5 and 30 year yields narrowed to the smallest since 2007 President Joe Biden has told business leaders that Russian president Vladimir Putin's back is up against the wall and that makes him even more dangerous Bloomberg's Ed Baxter has the story Biden in front of the business roundtable CEO quarterly meeting said Putin is already sending up false flags about chemical weapons saying the U.S. has used them as well They're also suggesting that Ukraine has biological and chemical weapons in Ukraine That's a clear sign he's considering using both of those He's already used chemical weapons in the past and we should be careful what about to come Biden says the U.S. does not use chemical weapons and the president also warned if a potential of increased cyberattacks In San Francisco I met Baxter Bloomberg daybreak Europe In Ukraine Russia's army is still focused on seizing the Black Sea port of Mario pole as the invasion has driven nearly a quarter of Ukraine's population from their homes Moldova has called for a diplomatic solution to end the war Moldova's foreign affairs minister nicu popescu told Bloomberg the situation is currently much worse than anyone could have imagined.
Bloomberg Radio New York
"mario pole" Discussed on Bloomberg Radio New York
"Been shipping out crucial supplies to Ukraine She joins us now from Poland Aggie good morning to you What is the situation first on the ground in Ukraine because we will get up to date on that particularly around Mario pole Yeah so I think it's right to focus on Mary pole this morning especially after this refusal to agree to a surrender on with the Ukrainians refusing to render to the Russians in the city And also Mario Paul is an indication of really the gravity of the humanitarian crisis It has been under siege since March 2nd and by this point huge swaths of the city have been destroyed including a lot of critical infrastructure And so from what we know from what organizations like the UN have been doing on the ground in place like Mariel and what they've been able to find out is that huge amounts of the infrastructure is damaged or destroyed and there is a lot of people who are without food or water or even electricity Yes indeed And so your focus on those displaced within Ukraine and that's where the UNHCR and the World Food Program are focused but also on focused on the people who fled Ukraine and have made it to Poland How is the UN supporting the relief effort Yes so firstly I think speaking to someone from the world three program this morning he was talking about the fact that their focus not only on the people who have been displaced within Ukraine but actually how you can provide foodstuff to the amount of people who are coming into other places as well This is a relief effort that expands beyond Ukraine itself towards all of the neighboring countries that have taken in a lot of people and in order to make sure that there is no pressure on the food supplies of those countries as well And so we're also seeing when it comes to UNHCR that they're providing those basic needs like bedding and sleeping bags and whatnot for people in Ukraine but they're also looking at ways of mitigating effects on the infrastructure So they're coming up with ideas like providing things like solar lamps that will allow people to have some.
Bloomberg Radio New York
"mario pole" Discussed on Bloomberg Radio New York
"Than 1200 flights within into or out of the United States already canceled according to flight aware Russian forces continue their deadly assault on the Ukrainian port city of Mario pole Correspondent Molly hunter says city officials report thousands of being killed by Russian shelling According to the marriage 10,000 people have already died in the incessant constant Russian bombardment that number is likely much higher Yes news comes as multiple efforts to get humanitarian aid into the city of failed Russian tanks and forces have surrounded the city which has been left without power and water for days A Russian convoy is also moving closer to the capital city of Kyiv on day 17 of Russia's invasion The Pentagon top spokesman says the blood of the ongoing invasion is on the hands of Russian president Vladimir Putin Mister Putin can stop this war right now by agreeing to a diplomatic solution or at least just stopping the bombing And the death and the destruction that he is causing against the nation that provoked nobody John Kirby called the invasion of war of choice And most of us need to get ready to change our clocks tomorrow for daylight saving time Clocks will need to spring forward one hour across most of the U.S. starting at 2 a.m. eastern I'm Michael castner Rare memorabilia from Apple cofounder Steve Jobs is up for sale Brad Siegel reports some of the Adams are already drawing big bucks Items including an issue of Mac world signed by jobs assigned 1971 yearbook from his high school and a few of his business cards are up for auction until the 17th of March According to Reuters the prized item for sale is a 1976 check signed by jobs It's already reached over $60,000 in bidding That check was for more than $3400 to pay for parts for the Apple one computer The editor at large for wired magazine tells Reuters the jobs didn't like to sign things so anything with his signature usually commands a lot of money Truly driverless vehicles may soon be coming to a road near you Scott Carr explains General Motors started gearing up their self-driving crews origin years ago It's not a.
Bloomberg Radio New York
"mario pole" Discussed on Bloomberg Radio New York
"Temporary ceasefire now underway to allow for thousands to evacuate the port city of Mario pole in southern Ukraine The city council there says the ceasefire is in effect this morning through 9 p.m. local time As many as 400,000 people are expected to evacuate that city which finds itself encircled by Russian troops and attempt to conduct a nonviolent evacuation yesterday failed after each side blamed the other for breaching a ceasefire reports say 25 of 28 Republican governors in the U.S. are now calling on President Biden to increase U.S. energy production following the Russian invasion In an effort to restore America's energy independence they say the governor's call specifically for restarting construction of the Keystone XL pipeline while the blowback continues for some of Russia's richest ramping up after Italian authorities seized more than a $150 million worth of their property including two super yachts and several luxury villas I'm Scott Carr And I did these Pellegrini in the Bloomberg newsroom Investors are bracing themselves for more geopolitical turbulence as Russia's invasion and the war in Ukraine becomes more painful for both sides on the ground and Anastasia amoroso chief investment strategist at I capital says she thinks investors should be ready for the war to impact financial markets this week as Putin digs in The escalation is more likely than deescalation I mean if you are in the shoes of Vladimir Gordon who is trying to get something some sort of payoff for this unspeakable invasion then the time to back down is probably not now Emeralds also says this is starting to dawn on investors Looney's is cutting its rating on Russia to see a from B three with outlook negative not surprising as Russia and Russian companies scramble to figure out how to make payments on debts as a sanctions block use of Russia's reserves of dollars Another key currencies Ross now to guest problem among the companies that have dollar payments do soon As does the Russian government itself And Putin has signed a decree saying companies will be allowed to pay hostile foreign creditors in rubles and for a full list of Russian companies with payments due soon Well you can find that on the Bloomberg terminal Jeff Rosenberg senior portfolio manager at BlackRock financial says all this is really putting the fed between a rock and a hard place as it tries to fight inflation While the war in Ukraine reaches Clearly here the shock to commodities the negative supply shock prolonging the inflationary environment is going to make this a little bit more durable in terms of market impact and economic impact as a geopolitical shock And Rosenberg with us there on Bloomberg radio And Cupertino based Apple is set in April 11 deadline for corporate employees to return to in person work And we'll more on that coming up here on Bloomberg radio Global news 24 hours a day out here on Bloomberg quick take powered by more than 2700 journalists and analysts in more than a 120 countries In the news among these Pellegrini.