35 Burst results for "Paul Allen"

"paul allen" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:32 min | 3 weeks ago

"paul allen" Discussed on Bloomberg Radio New York

"And I'm Paul Allen in Sydney, where we have the ASA spirited by about two thirds of 1% right now. We've got the Nike high by 1.2% and the cost be in South Korea better by half of 1% we had data out of the first South Korea a little bit earlier. Consumer prices moderating in January coming in at 4.8% on year, there wasn't expectation they would hit 5%, so signs that inflation appears to be quieting down so some interesting food for thought for the bank of Korea, which doesn't have its next meeting until April, I believe. The one meanwhile at 1298 74 against the greenback. The end pretty quiet, as I mentioned, one 35, 86, we're mostly positive for equities markets around the region with the exception of Hong Kong and China, Hong Kong's Hangzhou index off by about a third of 1% the Shanghai composite off by half of 1% and of course the national People's Congress in China sitting at 5% GDP growth target for the year, analysts consider that to be pretty conservative and in fact UBS has already come out with its expectations that China's going to top that coming in F 5.2%. Right now we got the yield on the ten year three 95 17 earlier we heard from San Francisco fit, chief Mary Daly reiterating that higher for longer narratives, and that is your market update. Time for a check of global news that Baxter's in the San Francisco newsroom it all right, thank you, Paul, China's announcing a significant increase in its military spending

South Korea Paul Allen bank of Korea ASA Hong Kong China Sydney Nike Hangzhou Shanghai UBS Congress Mary Daly San Francisco Baxter
"paul allen" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:33 min | 3 weeks ago

"paul allen" Discussed on Bloomberg Radio New York

"Broker studio in New York. And I'm Paul Allen in Sydney one minute past one Friday afternoon here, local time. We've got the ASX and modestly positive territory and it's pretty much the story of the Asia pack at the moment for a closer look. His brain Curtis. Outside of Seoul, all the other markets, well, I guess also New Zealand trending a little bit lower but otherwise if your gains right across the board here, the kneecap 1.4%, the hang seng index up 9 tenths of a percent, the hang seng tech index with a gain of 1.9% and elsewhere in Singapore, the straits times index has advanced four tenths of 1%. The CSI 300 often declines during these two Sessions meetings, the CPPCC and the NPC. But this time it might be a little bit different because we are expecting a little bit more in the way of stimulus, although some of that may be curtailed a little because of the recent strength in the Chinese economy. Once they ditched a COVID zero, we've seen a little bit of a pickup, the manufacturing PMIs this week were pretty strong. We also had a little bit of improvement in property sales. The CSI 300 at the moment is up a little more than a quarter of 1%. The offshore Chinese currency is trading at 6 90 42. The onshore is a little bit stronger than that 6 89 and change. And the yield on the ten year treasury, 4.05%. It was a pretty solid day on Wall Street. A lot of that fed by comments from Rafael bostick about maybe a pause in the summer. That seems to be built on fairly shaky ground, but anyway, that's how the markets reacted today. Doug to you. Thanks, Brian. Well, in China, vice premier Leo Hu says his country needs to not mobilize. I'm sorry. Mobilize national resources to develop a domestic microchip industry. We have that story from Bloomberg's of on men. Said China must focus on research and development with companies and entrepreneurs playing the key role. His comments come as Washington limits China's imports of the most advanced semiconductors, and they spoke days after president Xi Jinping urged the country to accelerate scientific research to achieve self reliance. Meantime, China has pledged to invest another $1.9 billion in the country's biggest memory chips maker, Yangtze memory, technologies. In Hong Kong, I'm Ivan Mann, blue birthday break Asia. Broadcom is predicting a soft landing out to sales slowed down this year. That's as companies keep spending on corporate networking infrastructure. I'm Broadcom gave a rosy revenue forecast for the current quarter. It says revenue will be about $8.7 billion analysts were expecting about 8.6 billion, Bloomberg's Ian king explained how Broadcom is different from its peers. Remember way back to the pandemic, this company and it's kind of characterful as the hot town was like, okay, you want to order stuff from us? You're not going to be allowed to cancel it. And that was relatively unprecedented in the industry. He's been very, very strict. And sort of maintains stability, which I think people have rewarded him for. CEO hock tan said even though the second half will bring a deceleration, it expects to see sales grow from where they were a year earlier. Broadcom shares, little changed in late trading after that report was released. We go to Citigroup next to the U.S. bank is cutting hundreds of jobs we have more from Bloomberg's and Kate's. Bloomberg is reporting that city will eliminate positions across the company with the Wall Street giants investment banking and mortgage divisions among those affected sources say the reductions are routine

CPPCC Rafael bostick Paul Allen Broadcom China Leo Hu Asia president Xi Jinping Seoul NPC Curtis Bloomberg Ivan Mann Sydney New Zealand
"paul allen" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:23 min | 3 months ago

"paul allen" Discussed on Bloomberg Radio New York

"Certain locations. I'm Brian shook. And I'm Brian Curtis in Los Angeles. Let's check this hour's top business stories and the markets. BOJ governor haruhiko kuroda has stunned markets by adjusting the Central Bank's yield curve control program. It sparked a massive jump in the end. The BOJ will now allow Japan's ten year bond yields to rise to around half a percentage point. That's up from the previous upper limit of a quarter percentage point. The Central Bank kept its target on the yield unchanged at around 0% and left its short term interest rate at -0.1%. Dollar yen, one 33 18, and that is a strengthening of the yen of a massive 2.82%. And the Nike has dropped 2.8% of fall of 755 points. Crypto exchange binance U.S. will buy Voyager digital's assets out of bankruptcy. Voyager selected by Nance has the highest bidder after reviewing options. The deal values Voyager's crypto portfolio at just over a $1 billion. An earlier arrangement had fallen through after FTX imploded back in November. The sale of Voyager's assets are subject to bankruptcy court approval, a hearing scheduled for January 5th. China kept the 5 year loan prime rate unchanged at 4.3%. Bloomberg's Paul Allen asked way Yao chief economist for Asia at societe general for her outlook on China over the next quarter. Throughout the whole pandemic, you know, since 2020, China's fiscal response has been distinctively different from any other major economies in the world, which is they haven't provided much direct income assistance to the households, so the amount of access savings at the household sector at the private sector is much less, which means there is much less impact of inflation, even if they come out of the other end. Typically when Chinese growth does return to trend, we see a big boost in things like commodity prices, a big boost in infrastructure spending. Are we going to see that again, or was this time going to be different? Was he a boost? But it's going to be smaller than before. Housing or infrastructure, these sectors that the economy relied on for fast growth for many, many years, there is a clear question of debt, even though we do believe that housing will see some recovery, but we don't think the housing will go back to the COVID pace of growth, neither was infrastructure. Next year, the recovery going to be led by consumption, but that's a function of pent up demand that people being locked for too long. Well, yeah, apac chief economist at soft gen. In the markets, the hanging index down 1.4%, the CSI 300 down 1.2%. And again, the nikkei slumping 2.9% drop of 786 points. Global news 24 hours a day live into Bloomberg quick take brought to you by 2700 journalists in a 120 countries. In Los Angeles, I'm Brian Curtis, this is Bloomberg. On the latest edition of the tape podcast, a conversation with Bloomberg's Gina Martin Adams and cam price on the markets. We're riding the escalator up and then falling down the elevator shop, but it's been quite contrary. This year where the average winning days, about 20 basis points bigger than the average in the average

BOJ Brian Curtis Brian shook haruhiko kuroda Central Bank Voyager digital Voyager China Bloomberg Nance Los Angeles Paul Allen societe Yao
"paul allen" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:27 min | 3 months ago

"paul allen" Discussed on Bloomberg Radio New York

"Bloomberg daybreak Asia. 9 28, Thursday morning in Hong Kong 1228 here in Sydney. I'm Paul Allen. And I'm Brian Curtis looking at market action this morning, which is fairly muted, the hangs hang indexes down about three tenths of 1%. We have a couple markets that are attempting to turn positive. It may be just that valuations are low or that the markets don't really believe Jerome Powell's hawkish commentary. We'll get further details all throughout the next 90 minutes here on the program as we look at markets. For now, some of the top stories. Well, let's start with the fed, raising the benchmark rate by 50 basis points to a four and a quarter to four and a half percent target range. Policymakers projected rates would end next year at 5.1% according to the median forecast and fed chair Jay Powell said the fed has a ways to go before ending its tightening campaign. Here is bowel after today's fed decision. Changing our inflation goal is just something we're not thinking about. It's not something we're not going to think about. We have a 2% inflation goal and we'll use our tools to get inflation back to 2%. I think our policies and getting into a pretty good place now we're restrictive and I think we're getting close to that level of sufficient we think sufficiently restrictive pal said that the size of the next rate hike would depend on incoming data. The next fed meeting, meanwhile, February the first, Brian. We're told that China has asked some of the nation's biggest banks to help stabilize the domestic bond market. Bloomberg's Ivan Mann has more. Sources say regulators are asking lenders to buy bonds via their proprietary trading desks. The goal is to absorb the selling pressure caused by retail withdrawals from some of those same banks as wealth management products. The so called window guidance on bond purchases includes notes from Chinese local government financing bodies, such intervention has had a limited impact so far, traders say local government issue bonds have led to clients in China's onshore credit market Wednesday, an estimate shows that China's onshore bond market may face selling pressure that amounts to $72 billion. In Hong Kong, I'm Yvonne Mann, Bloomberg, daybreak Asia. Fisa clinched an agreement to sell its antiviral medication packs livid in China, it will be through a state owned company China Mexico, the hikers said the agreement is to import and distribute the medication on the Chinese mainland. The agreement is effective immediately, terms though were not disclosed and it's unclear how quickly PEX levitt will be widely available on the Chinese market. China Mexico said its agreement with Pfizer will expire on November 30th of next year. The bank of Japan is said to be considering a policy review next year as after wage growth and a slowdown in the global economy are closely examined. In the past, reviews from the BOJ have resulted in changes to policy, including the introduction of the yield curve control program. However, we also hear that a review before governor Corona ends his term in April is unlikely. Some officials are saying that there is no rush for a review as the bank already had one in March last year. The bank of Japan's policy rate has been standing pat at -0.1% since 2016. All right, it is 32 minutes past the hour. Let's get a check of global news

Brian Curtis Jerome Powell Jay Powell China Paul Allen fed Ivan Mann Hong Kong Asia Chinese local government Bloomberg Sydney Yvonne Mann PEX levitt bank of Japan
"paul allen" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:25 min | 4 months ago

"paul allen" Discussed on Bloomberg Radio New York

"Morning in Hong Kong one 30 here in Sydney. I'm Paul Allen. And I'm Doug Krishna at the Bloomberg interactive broker studio in New York very much keeping a close eye on the price action on the mainland in China as well as in Hong Kong after a local authorities in China moved to ease some of the most strict control measures related to the COVID situation in Hong Kong the hang sang is of 3.2% we're seeing a much stronger Chinese currency as well. We'll take a closer look at the market action after we update you on a few of the sours top business stories. U.S. employees added more jobs than forecast in November, wages surged by the most nearly a year. At this point to enduring inflation pressures which boost the chances of higher rate hikes from the fed. Here is former treasury secretary, Larry summers. And the labor market is strong and we're still in unprecedented territory in terms of the gap between vacancies and jobs. And I think that what that's got to tell you is that we got a long way to go to get an inflation down where the fed has said that it wants it to be. A number of U.S. indicators have suggested limited impact from the fed's tightening campaign so far, but some as cautioned that the U.S. economy could slide suddenly like an avalanche. He also warned of high interest rate recession risk. FTX founder Sam bankman fried says he will testify to the House financial services committee after he has finished learning and reviewing the events that led to the implosion of his crypto exchange, FTX. Last week, committee chair Maxine waters invited bankman free to a house panel hearing on the 13th, he didn't commit to appearing at this meeting and he tweeted he felt like it was his duty to appear before the committee in the future. China will pull his markets to commemorate former leader Zhang jinin. Central Bank and securities regulators says markets will be suspended for three minutes on Tuesday morning. The markets that will pause include trading and securities, futures, into bank bonds, money markets, foreign exchange, bills and gold. People will be required to stand and tribute during the memorial. Start time has not been given yet, meanwhile, China's Communist Party will hold a memorial at 10 a.m. local time on Tuesday, all public entertainment activities will be halted that day. Zhang passed away on November 30 in Shanghai. Archegos capital management's Bill Wong has asked a judge to toss out his fraud charges the ones made against him because prosecutors he alleges engaged in deceitful conduct in the early days of the government's probe. We have more from Bloomberg Susanna Palmer. Huang's lawyer said Friday Wong was duped into assisting the government in a number of meetings with investigators who didn't tell him they decided he was more than a mere subject of the probe long is scheduled to go on trial in October 2023. He was arrested April 27th and charged with fraud over the collapse of arcades, which at one point held market positions valued at $160 billion, according to prosecutors. Susanna Palmer, Bloomberg, daybreak, Asia. Coming up on 34 past the hour, let's update you on market action. We were talking earlier about the COVID situation, the relaxation of some of these strict measures and how its influencing influencing sentiment right across every asset class on the mainland look at the currency rallying against the dollar this is the offshore Chinese yuan, 6 96 85 with a gain of just about 8 tenths of 1%. And in the equity market in Hong Kong, the hang sang is better by 3.3% Morgan Stanley today turning bullish again on Chinese stocks after nearly two years the firm is growing or joining I should say a growing course of big banks that are now a little bit more positive on the outlook in China on the mainland Chung high composite better by about 1.3%. Paul was talking earlier about the decision by OPEC plus to keep output steady at the weekend meeting demand yes it's still a very big question. Also impacting the oil market, the European Union sanctions on crude exports from Russia will go into effect on Monday and at the margins consider this Chinese president Xi Jinping will reportedly visit Saudi Arabia at the end of the week. Reuters saying that she is scheduled to arrive in Riyadh on December 7th, WTI crude up 1.8%. I think it's also fair to add to that list of positive attributes of some of the price action in oil is the reopening trade on the mainland. WTI right now, 81 45. In Seoul, the Cosby showing a little bit of weakness now we are down about three tenths of 1% somewhat curious. The market in Tokyo has been fluctuating between gains and losses, the nikkei right now up about a tenth of 1%, and in Sydney, the ASX 200 better by about 7 tenths of 1%. US Treasury yields rising across the curve in the case of both the ten and the two gains in yield terms of something greater than three basis points, a ten year at three 52, a two year at 4.3, will have another look at markets for you in about 15 minutes, Paul. All right, thanks very much, David is 25 minutes now to the top of the hour. Let's get a check of global news

COVID Hong Kong China Doug Krishna Bloomberg interactive broker s Susanna Palmer fed FTX Sam bankman fried House financial services commi bankman Zhang jinin Paul Allen US Archegos capital management Bill Wong Larry summers Maxine waters
"paul allen" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:58 min | 4 months ago

"paul allen" Discussed on Bloomberg Radio New York

"Brian Curtis. And I'm Paul Allen in Sydney, good afternoon, one minute past 12 Thursday here. We got the ASX firmly and positive territory for a closer look at what's going on is da Krishna. Hey Paul, a lot of positivity and markets after fed chair at Jay Powell said the time for moderating the pace of those rate hikes may soon come. Maybe at December's meeting we'll have to take a look at that and we'll do so momentarily here on daybreak Asia. I want to begin with some of the eco data that we've got for South Korea. The PMI numbers, first of all, for the manufacturing side of the month of November, a little above what we had in November, but how, you know, we can't ignore the fact that a reading of 49 were in contraction, and that's been the case now for 5 straight months. Now in terms of South Korean trade data, exports were down in the month of November, 14% year over year, a little below what the street was looking for. The estimate was calling for contraction at a rate of around 11.2%, imports, though, stronger than forecast with a gain year over year of 2.7%. The estimate was looking for an increase of about a half of 1%, but that is probably the result of higher oil prices because the value of imports becomes greater as the price of oil is more. We have in Seoul, the Cosby rising about 8 tenths of 1% in a rally in the Korean Juan stronger by about 1.6% now against the greenback in Tokyo, the nikkei rising by more than 1%, and in Sydney, the ASX 200 is approaching a gain of about 9 tenths of 1%. US Treasury yields now slightly higher, but not by much, boy, we were lower across the curve today, particularly at the short end where the two year was down more than 13 basis points were trading now in the Tokyo session with the yield on the two year 4.31%. We'll take another look at markets for you in about 15 minutes, Brian. I had this in my notes earlier, but I didn't have time to get to it. This was the Taiwan PMI coming in at 41.6 and that was versus 41.5 in October. So it's just another example of the difficulties that manufacturing and indeed economies have had in the region of late. Well, let's take a closer look at the fed actions, chair J pal signaling the fed will likely slow the pace of interest rate hikes soon. Here he is speaking at the brookings institution in Washington. The time for moderating the pace of rate increases may come as soon as the December meeting, our progress in tightening policy, the timing of that moderation is far less significant than the questions of how much further we will need to raise rates to control inflation and the length of time it will be necessary to hold policy at a restrictive level. The fed's recent actions have lifted the target range in their benchmark rate to three and three quarters to 4%. That's up from nearly zero in March. Powell said that rates are now likely to reach a somewhat higher level than officials had estimated in September. We mentioned that that's a potential negative for markets, but they did not focus on that. They focused on the lead that we mentioned there that the slowing of the pace of rate hikes could begin as soon as next month. The projections that we've been talking to median projection earlier was for a terminal rate of 4.6% next year. These projections will be updated at the fed's next meeting in December on December 13th. Well, the fed said the U.S. economy grew only slightly through late November that was mentioned in the latest beige book report, the report said interest rates and inflation continue to weigh on activity, many businesses expressed greater uncertainty or increased pessimism concerning their economic outlook. The report was based on anecdotal information collected by the fed's 12 regional banks that also described the labor market as tight with only modest growth in most districts, policymakers will get the latest read on U.S. employment this Friday. Coming up in a few moments we'll be talking about markets with Ken cheung, who is chief Asian FX strategist at Mizuho bank. Now it's time for world news

Brian Curtis da Krishna Jay Powell Korean Juan Hey Paul fed Paul Allen Sydney Tokyo South Korea Seoul Asia brookings institution
"paul allen" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:20 min | 4 months ago

"paul allen" Discussed on Bloomberg Radio New York

"It's ten 30 Monday morning in Hong Kong, one 30 Monday afternoon here in Sydney. I'm Paul Allen. And I'm Doug prisoner at the Bloomberg interactive broker studio in New York. We've got a rally underway in Hong Kong, although the Hanks hang is off session highs again right now about one point to 9% we had been up by nearly 4% earlier property stocks out in front will take a closer look at that momentarily right now Paul and I will update a few of the sours top business stories. The investigation and Sam bankman freed's bankrupt FTX crypto exchange is intensifying. Now fans have been mysteriously disappearing from FTX, and that's triggering a new wave of nervousness. We've got more from Bloomberg's Denise Pellegrini. FTX said it was starting bankruptcy proceedings in the U.S. on Friday, and within 24 hours, hundreds of millions of dollars in unauthorized withdrawals vanished. Meantime, the value of the remaining key crypto assets in bagman freed's exchange has plunged. And all this means there could be little chance of customers recovering deposits. We're hearing the bahamian police and securities officials there are looking into possible criminal misconduct. And the other big question could be the level of contagion, the crypto hedge fund galwa capital, telling us over the weekend, it has exposure of up to $45 million and others with exposure include prime brokerage genesis trading Sequoia Capital and Michael novogratz galaxy digital, major questions also remain about the fate of all the companies bankman fried invested in. Denise Pellegrini Bloomberg day vacation. Well, BlackRock has indefinitely postponed the launch of its China bond exchange traded fund. That story from Bloomberg Susanna Palmer. Growing U.S. China tensions were one reason for the move according to the Financial Times which cited two unidentified people familiar with the decision. One of the people told the FT, there was the risk of a political backlash against the prospect of U.S. capitol flowing to the Chinese government. Another factor was the reverse of the gap in yields between U.S. and Chinese bonds, meaning US Treasury bonds now deliver a higher return than Chinese counterparts. BlackRock told the FT, it wouldn't comment on market speculation. Susanna Palmer Bloomberg daybreak Asia. Let's take a look at SoftBank shares. They're now off 12 and a quarter percent right now in Japan, and this came after its vision fund arm posted a $7.2 billion

Bloomberg interactive broker s Sam bankman Hong Kong Denise Pellegrini FTX Paul Allen galwa capital Michael novogratz Susanna Palmer Doug Denise Pellegrini Bloomberg U.S. Sydney Bloomberg Sequoia Capital BlackRock New York
"paul allen" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:42 min | 1 year ago

"paul allen" Discussed on Bloomberg Radio New York

"Here in Sydney I'm Paul Allen And I'm Brian Curtis looking to markets in the Asia Pacific the MSCI Asia Pacific index is flat That tells the story half the markets are slightly lower and a few are trending to the upside We'll get you details in just a moment Paul Well the world's biggest chip maker TSMC set to release its fourth quarter results later today investors will be on the lookout for sales guidance investment plans and pricing strategies Randy Abrams is head of Taiwan equity researcher Credit Suisse and he told us he's a very constructive on the future growth of the chip industry We do expect and we're above the market 16% growth for the chip industry I think most of the market around 12% and for TSMC actually a good bit higher close to 25% growth And I think the key factor one is they were successful to raise price They have been trying to meet the challenge all of these chip shortages and also the demand from 5G so when they put out that 100 billion marks comments that chairman was that may not be enough and our view is we could see even a bit higher CAPEX as we go into results today And TSMC are for about a third of 1% in Taiwan right now Brian Well we're hearing that U.S. House leaders are moving forward on a China competitiveness Bill The bill would authorize billions of dollars in funding to boost U.S. research and development It would also give a leg up to the domestic semiconductor industry Bloomberg Steven engel tells us the bill has a pretty good support base What we're hearing from sources is that both sides of the aisle there is broad support for this It's just stalled in the House over differences of scope and size but it looks as though that perhaps could be a compromise reached in the house to get that through because sources are also saying that supporters have concerned that if we start getting into the midterm election campaign season that that Bill could lose some steam No timing yet on a House vote China's credit expansion stabilized in December Bloomberg's James major gives a small details There was a big spike in government issues Local governments in China last year were very reticent to sell Bond Basically they couldn't find enough projects to use the money So they were very good at so far And in the second half of the year the central government was sent to them You need to sell these bonds You need to start spending more just in the economy And so we saw this big spike in government bomb sales in November and December which is supporting credit growth And then the second thing is companies and banks are basically making these short term loans to each other And also banks are lending money to each other And that basically is meant to goose the credit data to make it look like there's more lending actually happening than there really is in the economy Expectations are growing that the BBC will loosen credit policy to stimulate demand early this year Well Asian stocks are moving sideways this morning the dollar is steady and bond yields are steady too It seems that investors are finding it difficult to take on a lot more risk here and to make big decisions We've got the nikkei trading down about 9 tenths of a percent balancing that to a certain degree the ASX 200 in Australia is up about 6 tenths of 1% The Bloomberg dollar spot index has recovered a little under a tenth of 1% It dropped about 6 tenths of a percent earlier We had a spike in the Bloomberg commodity index It was up 1.6% and oil was trading at about 82 and a half dollars a barrel Gold right now 1824 a Troy ounce and we mentioned that Bitcoin had rally Instead a little bit here 43,680 or so So going back to some of the other equity markets give you an idea of how flat trading is The straits times index is flat The tych is flat The cost beat is down about a tenth of 1% and the enzyme X 50 in New Zealand is flat So again really tough to make a call here It seemed for a while that investors were pretty comfortable with that 7% print of U.S. CPI for the month of December And also with the dollar doing what it did it looked like the bond market appeared to be saying the worst of the inflation scare is over And people are taking the other side of that as well and after all it's a bit early to say And that is a check of markets Paul to you All right Thanks very much Brian one 34 now here in Sydney ten 34 in Hong Kong time for Jacob of global news And talks between Russia and the U.S. about Ukraine and NATO have ended with nothing close to an agreement and head back to Scott details Yeah that's right Paul NATO secretary John Stoltenberg says they're Russia demand of who can join NATO is.

TSMC Brian Curtis Asia Pacific Randy Abrams Steven engel Taiwan Paul Allen China Credit Suisse Sydney U.S. House House Brian Bloomberg U.S.
"paul allen" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:51 min | 1 year ago

"paul allen" Discussed on Bloomberg Radio New York

"Up to date with global news headlines though and to do that we've been seeing And a good morning and thank you an Australian judge has ordered the immediate release of Novak Djokovic from detention after quashing the federal government's decision to cancel his Visa Bloomberg's Paul Allen told us there's likely to be a backlash against this decision It's not likely to be a terribly popular decision in Australia A lot of Australians business have had a very difficult time getting home during the past two years Melbourne where the Australian open is being held has been one of the most locked down cities in the world that had a terrible time but 93% vaccinated So you can imagine the public sentiment that after all that the country and that sitting in particular has been through the finest tennis player just comes on in It's unlikely to go down terribly well Meanwhile the 34 year old world number one tennis player argued he did not need proof of vaccination because he had evidence of a recent coronavirus infection the court agreed it was unreasonable to cancel the Visa in these current circumstances Now the Chinese city of Tianjin is tightening control over the population's travel because of the spread of the variant Bloomberg's Philip klarman has more Residents of Tianjin have to get approval from employers or community authorities before leaving plus a negative COVID test The city has reported more than 20 domestically transmitted cases of the variant yesterday CCTV is reporting that authorities have tightened coronavirus checks on railroads and highway links between Tianjin and neighboring Beijing The Chinese capital in Beijing and Philip kloman Bloomberg daybreak Europe And Kazakh forces backed by Russian led troops on pressing head with operations to restore control after crushing the biggest.

Visa Bloomberg Novak Djokovic Paul Allen Tianjin tennis federal government Philip klarman Melbourne Australia Bloomberg Philip kloman CCTV Beijing Europe
Suddenly the Left's COVID Response Looks a Lot Like Donald Trump's

The Larry Elder Show

01:21 min | 1 year ago

Suddenly the Left's COVID Response Looks a Lot Like Donald Trump's

"Here's what I don't understand. Looking at Biden's first year. He said he's going to shut down COVID. It's going to be all about the testing. Now, people can't get tested. COVID hasn't been shut down. And what does Biden now say? Well, there isn't a federal solution to the virus. Isn't that what Donald Trump said and you guys hammered him? Donald Trump said the economy shouldn't be shut down. Donald Trump said school shouldn't be shut down. Now, people like Paul Allen from Harvard say the science is in. It was a bad idea to have shut the schools down. Suicides up. Homicides up. Domestic violence up. Opioid addiction up. Public school kids lost a whole year of in school education. And pre-pandemic R scores weren't anything to. Write home about when you compare our achievements to our rivals in Europe and in Asia. Now the realizing it was a mistake. Joe Biden now says schools ought not

Donald Trump Biden Paul Allen Harvard Europe Asia Joe Biden
CNN Doctor Pleas for Public Schools to Remain Open for Children's Sake

The Larry Elder Show

02:06 min | 1 year ago

CNN Doctor Pleas for Public Schools to Remain Open for Children's Sake

"Chicago public school teachers, of course, should be at the very least their paycheck should be withheld. If not fired, they've now voted not to go back to in school learning, apparently for fear of the coronavirus of the new variant known as omicron. And here is what doctor Paul Allen, Professor of medicine, from Harvard, said about what happens to kids when they are denied in school learning. After in very simplistic terms, you're saying worse outcomes await kids if they're out of school than if they are in school. Explain. Yeah, thanks for having me back on Michael. Is that simple? We shouldn't close schools because the risks to kids talking about 5 to the elementary and middle school and high school students is low from this virus. And I'll put some numbers to this. The risk of hospitalization has hovered around one per 100,000 throughout the entire pandemic through the origin strain, the alpha strain, even through the delta strain in early evidence shows that this is about the same thing for omicron. The deaths, several major studies have shown hover around one to two per million. The American academy of pediatrics released report two weeks ago that called hospitalizations and deaths in kids quote unquote uncommon. On the flip side of this, the risks of being out of school are severe and they're accumulating fast. We have lost kids have lost 5 months they're behind 5 months in reading and math. Sorry, math scores. Just since the pandemic and remote learning has started. 1 million kids were totally unaccounted for expected to be in school and disappeared from the system. Schools are our first chance to detect neglect and abuse. New York City did a study that showed in just three months of school closures, 8000 reports of abuse and neglect were expected that never came in. They extrapolate this to the country. It's 300,000 reports of neglect and excuse and abuse that never came in. Kids rely on schools for food. 14 million kids weren't getting the food they needed when schools closed. This extends to women in particular working women who have borne the disproportionate burden of kids being home.

Chicago Public School Elementary And Middle School Paul Allen Harvard American Academy Of Pediatrics Michael New York City
"paul allen" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:48 min | 1 year ago

"paul allen" Discussed on Bloomberg Radio New York

"A Bloomberg business lash Hi I'm Paul Allen in Sydney we were seeing one of the best performing markets in the region at the moment The ASX higher by two thirds of 1% energy and material stocks leading the way some of those big names forestry medals at the Rio tinto are performing particularly well And woodside petroleum up by 3.1% woodside announcing today that it will develop at the Scarborough natural gas reserve 11 trillion cubic feet of gas in their gas field out of the tuna 12 billion U.S. dollars so the big bed there from at woodside petroleum We have the nikkei closed today So no trading in the US Treasury markets either at the moment the U.S. ten year last trade at one 62 36 we did see the front end of the treasury curve that drop a little the two year yield was up and as a reaction really to be reappointments of Jay Powell is already appointed yet but his confirmation seems to be a fader concrete Trade is pricing in a 25 basis point rate increase in June followed by another one in November next year so the consensus seems to be that tightening on the way from the fed Take a look at the oil prices well that's weakening a little off a half of 1% right now 76 36 for a barrel of waste Texas We did hear that the U.S. along with India Japan South Korea planned to release $35 million Heavy barrels worth of crude over time OPEC though countering it may reconsider plans to boost supply next week's meeting and that is your market update Let's get a check of global news now it backstairs in San Francisco It all right Thank you Paul.

Scarborough natural gas reserv woodside petroleum US Treasury Paul Allen Jay Powell Rio tinto woodside U.S. Sydney treasury fed South Korea OPEC Texas Japan India San Francisco
"paul allen" Discussed on The MMQB Podcast with Peter King

The MMQB Podcast with Peter King

04:51 min | 1 year ago

"paul allen" Discussed on The MMQB Podcast with Peter King

"Years when we would base him. So it's just we can't hone in on it. And that's what seems to frustrate the fans the most there've been big missed kicks. But i think it's just the fluctuation of the kicker situation and not being able to hone in on one the amazing thing about cari vic which is really one of the weirdest stories in recent nfl lore and people will say the hell Ed vic well karlovic in twenty nineteen was the hottest kicker in the preseason and quite honestly there's really no difference in making a field goal in preseason game versus a regular season game people. Say all of course there is. No there isn't because for car yvette. Vickers this job interview k. If he misses he's gonna go sell cars in tulsa but cari mic was had one of the best pre-seasons. The kicker has had in so the vikings trade for him and they trade a five. And you know. Eric decosta the gm of the ravens are remember talking about this once and he felt sick for vedic he really. Did you know he loved madman. Just couldn't believe it but when he got to. Minnesota could make a kick but harry. Hey ticket it a step farther here you know. We made of with all due respect to to people. I adore rick spielman. Our general manager. Mike zimmer our head coach up those guys we in twenty thousand nineteen second game of the year. We're at lambeau rookie from auburn daniel. Carlson who we draft. He misses three kicks. We tie the packers. When we outplayed him. He gets cut that weight while. Yeah look at him now with oakland slash. Las vegas raters so there. Are things like that to that. Really irked the fan base and You know this greg. Joseph man. I mean what a strong yet walk on winter for tennessee. Any missed some in the preseason right and he missed the one at arizona right. But you you. You're right about the kicking. The auditioning cold-blooded from fifty three since we go to overtime a couple from fifty two and arizona and then he misses from thirty seven. It's cliche as it may be peter and we try to avoid cliches but they're called cliches for a reason because they stand the test of time in terms of accuracy when it comes to kickers and confidence if they lose their confidence you might be a lot of trouble for the rest of the year. I've just seen it. I've just mean blair. Walsh missed that. Kick the prevailing against seattle in play offs. The prevailing emotion in the locker room was. Wow each of us just got cost fifty grand in playoff money that we would have gotten by going to play arizona. They were mad. It was vitriol and blair never balanced back. Never got back into the league. It says super sad story. Twenty twelve as a rookie out of georgia peter. Ten of ten from fifty plus. Nfl record so the the mental piece with the kickers. We can joke around. Women's kickers weird. They're different whatever. Use a kicker mentally. It's all over the last thing so me your thought on the fate of this year's minnesota vikings people who loved the vikings. And who will listen to this. Know that you'll shoot him straight. Tell me what will the end game be with these vikings. I thought they would win. Eleven games into the season was non-negotiable peter to lose at cincinnati. And i know they're better and they played the bear. Stop do recently. They are better. I've seen it alario jobe. What a wonderful free agent signing that was But still we played like rap. And we're going to win the game in overtime. If we don't fumble that arizona team might have a little house of cards to it. We'll see but we had a great chance to win that game. We're as good as almost any team in the nfl when it becomes cohesive So now a massive massive game against seattle. Russell wilson is seventy against us and mike has done a good job against russell. Every single. Game ewing an no three seventy five four zero russell against You have to win this game if you loses game. It has the potential spiral. And here's what because game number four are a week from sunday. The cleveland browns come to town. Now they're coached by kevin. Stefanski are probably my best friend. I've ever had in football. He was here fifteen years Kevin is even killed kevin and he's wonderful at what he does is gonna come in here.

cari vic Ed vic karlovic cari mic Eric decosta rick spielman Mike zimmer vikings arizona nfl yvette Vickers lambeau tulsa ravens blair Carlson gm packers auburn
"paul allen" Discussed on The MMQB Podcast with Peter King

The MMQB Podcast with Peter King

04:39 min | 1 year ago

"paul allen" Discussed on The MMQB Podcast with Peter King

"We're talking about about that. Botch call is is an like this too. Because i'm sure people take shots a you in the age of rage on social media I faced a lot of them last night. And this morning it's the uninformed and it's the truly dumb ones that they just they just like mosquitoes they just give me a little bit but i never respond so getting past. That is very easy at the end of the equation. I mean i've had local. Tv stations here in the twin cities be like. Can we bring a camera by the station and talk about this call. I'm like one. Well i mean that's where making this whole thing about me. I aft up a call. Okay i got a bay where i need to defend myself professionally. Which i don't wanna do it. If i'm gonna mess up a call like that once every twenty years. I'm pretty cool with that. But i love these players. I love these coaches. I love the kubiak. Clint kubiak our new offensive coordinator. I want them to win. So badly. That when i made that mistake and and messed up that call at the end of the game. It didn't really hit me until we were flying home that man. What the hell am. I doing guessing. I just never guessing so. That was the end of that. Now we play. We played like rapper. Large batches a game at cincinnati. We're in overtime. We're gonna win the game and alvin drops it and we're gonna win the game yet Sunday with joseph from thirty seven yards. What but what an unbelievable game. I mean now that was unbelievable football game where i wanted to like it. The players could see me despite the after call and despite my favorite team losing i wanted to go thank you. Thank you for that. Entertainment matt prater from sixty two in front of halftime. Or you getting. But just closing with tyler. He had ten rushing touchdowns last year. The first game of the year then he played p. carols team and he took a bad hip legal hit but a bag. Bad hit nearer show at one rushing touchdown the rest of the year he slight of frame. He's five ten. And and i you know. Running is a major part of his game and he's phenomenal but lacked ten slide and frame. If you're gonna put those hits on like i've seen you're going short career mark my words. Hey paul you know I thought last night. I'm sure you're in the air or in transit. But at the end of the sunday night i keep saying last night sunday night i thought at the end of the baltimore. Kansas city game. That obviously ended in a scintillating fashion. Exactly like the The game you were at baltimore wins. Thirty six thirty five in just You know it's an absolute total video postcard for why people love the nfl. And at the end of the game. Chris collins were said. And i quote our announcers. Allow the clamp. I would like the clap for that one. Wow i feel exactly the same way because at the end of that game i think a lot of times. We get so caught up in bitching and moaning about different parts of football about all this taunting penalty. It's a travesty. You know and you get so angry about it that you say okay. Wait a minute. Let's let's just think about the game. We just saw your. We can be ticked off about that. But let's think about it and at the end of that game so many things just hit me the end of the baltimore. Kansas city games so many things just hit me because you watch lamar jackson and sammy watkins with their helmets on jumping appear wedding on the field like ballerinas with their mouths wide open in pure unbridled joy. Yeah and then. You watch the kansas city players on the ground face buried in the turf after the fumble by clyde edwards hilar- and you basically say man there is. It's just like the abc wide world of sports the thrill of victory in the agony of defeat. And there's one other little point about that game the that i just love about football. I just love it. Gave the guy who made the play. Oh daffy away. A guy from penn state a pass rusher..

Clint kubiak matt prater kubiak baltimore alvin football cincinnati joseph Kansas city tyler Chris collins lamar jackson sammy watkins paul nfl clyde edwards kansas city abc penn state
"paul allen" Discussed on The MMQB Podcast with Peter King

The MMQB Podcast with Peter King

04:36 min | 1 year ago

"paul allen" Discussed on The MMQB Podcast with Peter King

"Is mike white and the best thing i say about mike white is he is not a household name in his own household. He went to western. Kentucky is been in a couple of training camps the cowboys and the jets. But you know he's not an experienced player. he's twenty five years old. The new york jets needed to basically invoked the mercy rule on sunday against the patriots. Poll zach wilson out of a game. But can you really do that with a backup quarterback who really is not equipped to play in the nfl right now and my quite that situation aside. And i think that's a very good argument to make that after a day like that. Give the kit arrests for series two and let him sit down To me that the bigger part of backup quarterback situation. I think is a rookie quarterback that the number one thing you could have and this is this parallels a great play. Collar is a veteran in your room. So when you're in that quarterback meeting room and it's just you and the veteran quarterback that you can put your hair down a little bit and say holy shit. This is hard man. i mean. Help me out. Show me the way to have a veteran quarterback there to play that role. Just intangibly is massive for rookie quarterback. Look at what. Patrick mahomes got to do in kansas city. He had alex smith terrific person. Really really good quarterback who knew. Andy reed's offense. So zack has mike white. Who's been waived five or six times as never played in the nfl and he has mike. Leflore is an offensive coordinator for the very first time. So i mean say what you will about the jets trot out there in front of him out wide just monday through saturday. I would love for this kid to have better help behind the scenes as he tries to figure this out and get better through very tough time as we kind of expected it would be on the field. And you know paul. This is one of the issues. And i always say this agents. I think one of the smartest agents In recent years or one of the smartest agencies where the agents for Patrick mahomes before the twenty seventeen draft. Chris cabinet in leigh steinberg cabinet. And i i. Don't i don't know this but i think cabinet is more of the day to day hands on guy but but chris cabinet realized that He was going to try to do everything he can to get. Patrick mahomes to a great team with a great coaching staff. And obviously he can't control where patrick mahomes goes cave but he did understand that if there was any way that he could put. Patrick mahomes a positive view. In the eyes of the kansas city franchise. That was the smart way to go. And i really thought that mean that to me is an agent doing his client. You know a solid hit quite honestly where you're looking out for him and and look in the case of a guy like zach wilson. There was nothing at all that his age. brian april. Who's a very good agent. There is nothing that brian emerald could do. People at the top of the draft fell in love with zach wilson and his long term potential and really smart quarterback chris simms and a lot of other people. Tony romo they. Love zach wilson. The problem is and this is a huge problem is that it really doesn't matter as much. How great a player you are. I think it matters more where you go. And so look dan. Marino never won a super bowl but dan marino looking back was damn happy that he went twenty eighth overall in the first round almost four decades ago instead of going to a top team where he was going to languish in lose and the support around him wasn't great. That's why i think it is so important for zach wilson to have his josh mccown you know or his sort of mentor..

mike white zach wilson Patrick mahomes jets Andy reed Leflore nfl Chris cabinet leigh steinberg cabinet cowboys kansas city chris cabinet patriots alex smith Kentucky patrick mahomes zack brian emerald mike cabinet
"paul allen" Discussed on The MMQB Podcast with Peter King

The MMQB Podcast with Peter King

02:27 min | 1 year ago

"paul allen" Discussed on The MMQB Podcast with Peter King

"He brought up hard knocks and its popularity and he said you know what the best thing for for hot hard knocks would probably be to have three or four years off from it because it's become so popular and become kind of similar with training camp. It's it's difficult. And i'm paraphrasing now. Fifteen years later but difficult to find a new way to tell that exact same story with ox and now all these years later. I'm sure see with a love. This the idea of making it new by having that kind of access behind the scenes. I know steve would have been in love with the idea. And as fans. I mean but with the media part aside just as fans to have that access behind the scenes during the season i think is really exciting and really fun. And whether they're a poor team that's unraveling or a really good team. That's putting the pieces back together. It'll be a great launch paul. Let's touch on our last team before we hit a bunch of topics around the nfl. The last team. I wanted to mention to you. Is the new york jets throw into which is not a surprise losing at carolina and losing to the patriots. You know they're nineteen they're too in nineteen against the patriots in the last decade. In those two wins they had to go to overtime to get both of them so basically the patriots are their daddies. But here's what bothered me about watching a lot of that game on sunday. That is that in the thirty fifth. Minute a game. Zack wilson through his fourth. Interception of the game. Now obviously you think in some ways over the years people have said well you know you. Just don't replace your starting quarterback. But i mean why. Why can't you pull the starting quarterback. He's at a bad day. I mean Vladimir trade iak or whatever. The russian goalie patrick rwanda. They he'd been pulled in games Sandy colfax got relieved by relief pitcher in and i mean great. Players get replaced all the time. And i think it's it's it is really ridiculous that the new york jets did not backup. Zach wilson this year with a veteran quarterback instead their backup quarterback they only have one other one on the active roster.

patriots Zack wilson new york jets steve nfl paul patrick rwanda carolina Sandy colfax Vladimir Zach wilson
"paul allen" Discussed on The MMQB Podcast with Peter King

The MMQB Podcast with Peter King

04:36 min | 1 year ago

"paul allen" Discussed on The MMQB Podcast with Peter King

"Not lean on them and You know he was not really invasive their team rooms undoing and i think that's one of the things that that i like so far about what i've seen automatic rule of let's go to a couple of two teams that ban. I see some bad warning signs. And let's start with the indianapolis colts you know now that they have carson wentz injured with some ankle injury and we don't know at this moment. Is we tape this. What how long exactly he might miss or whether or gut it out this week and try to play in week three but tell me what you've seen out of the colts. How concerned would you be there in two right now the biggest concern to me and obviously carson wentz is a concern with the injury but if he's healthy that combo of carson and frank reich. I think that's going to be fun to watch and productive throughout the year. I'm concerned defensively. You look at these two games. And they played against very good quarterbacks and russell wilson matthew stafford but their efficiency level the way they're completing passes way downfield and not throwing interceptions. That's a real concern. And then one layer below that. Or i guess you can say above it the top one to receiver combo on both those teams. I see hawks in the rams so you have lock it cap in seattle woods and cup. They had been just killing that defense. So right efficient quarterbacks and a play called rather team with to say on saturday night you know if we play well our top two receivers will will be over two or three hundred yards in. Her quarterback will be super-efficient. They're achieving those goals really easily right now against the colts. Plenty of time to fix it but right now that that has to be a major area of concern the way the quarterbacks or thrown it downfield and their top weapons are having extremely good games. You know the other part of the colts. That is bothersome to me. Is and. I watched a lot of that game on sunday. Paul carson wentz got abused. He really got hit a lot and the offensive line is supposed to be a huge strength of this team now. Look there's no shame in getting hit around a lot by the los angeles rams you know first of all you've got double or triple eric. Donald you know that. But they've got nice. Defensive front sebastian. Joseph they nobody has heard of this guy he makes plays every week. But but i i just. I'm worried for the colts about their ability to protect and keep a quarterback upright and paul the one thing about the colts. I wrote my column. I'd love to hear your thoughts. Because as a former player you would know what this might be like. The colts have agreed to be the first team ever in the nfl to allow hard knocks to document. Its season now won't happen for two more months. It's not going to begin until mid november. But they will have their last nine weeks of the season documented with an nfl films crew. I should say for those who say. Oh my god. Nfl films are going to be swarming everywhere. There will be thirteen robotic cameras around their facility and at first now only one active camera and cameraman with a couple of producers and nfl. films people. So they're going to be many days or the players won't even see any presence from. Nfl films having said that man. The one bit of caution. I think paul is new magic. The colts as we sit here into what if they go down the toilet and this is the story of a team. that's been crushing disappointment. So two months from now it could really be problematic for the colts. I enjoyed what you wrote about the about. The colts agreed to be part of hard knocks in the season for the first time in peter my mind goes right of a conversation. I had with steve sable with the late great one of the all-time people let alone. What he did in the media world for the nfl but my first three years nfl network. Pete i worked out of nfl films. I was around steve a lot. And i remember one conversation had within the at a lunch were just out of nowhere..

carson wentz colts frank reich nfl russell wilson Paul carson wentz indianapolis colts matthew stafford carson rams hawks los angeles rams seattle sebastian Donald paul eric Joseph
"paul allen" Discussed on The MMQB Podcast with Peter King

The MMQB Podcast with Peter King

02:40 min | 1 year ago

"paul allen" Discussed on The MMQB Podcast with Peter King

"There's so much more good than bad. He's a nice quarterback but he's been stuck in that nice area and now you have this giant numbers being attached to giant wins and it's super early in the season with this is a quarterback. And because he's doing this his team is doing it as well. Not just godley numbers anyway. It's a big time. Plays in really big moments against quality. Brands in the nfl are leading to wins. And that's what feels a little different about his performance now as compared to the other years where it's been good but not great i i will. I'll give you my thought on car. And then i'll tell you why in my opinion necessarily different feeling raiders team. I think the big thing for car is that. I thought last year paul. The raiders tried to force henry rugs into a role that maybe he wasn't ready for. Okay i think henry rugs is not even though he was drafted the highest of any receiver in the draft. And if you're gonna do that you think he should play. Eighty five percents of the snaps. He probably is not fit Physically i don't mean in a cardio way but i just mean. His body is kind of like marquees brown to some degree. He's a little bit better put together. But now if if you if you look at henry rugs. I'd be happy. If i were the raiders if he played thirty snaps game k. If if he's not gonna play sixty five snaps a game. That is okay with me. Don't force you already have daring waller and and to a lesser degree foster monroe at tight end. You've got brian edwards hunter renfro. You've got guys who can take that larger role us henry rogues intelligently and i think. That's what the raiders are really starting to do but in my opinion i think that the thing that impresses me most about the raiders. Is that last year. You really wonder. Do they have a front seven. That can put enough pressure on quarterbacks without having to a lot and they have shown me so far that they really really do I had a stat from pro football. Focus in my columnists week. Basically that the raiders have brought significant pressure on lamar jackson and ben rothlisberger on thirty eight percent of their past drops this year..

henry rugs raiders godley nfl hunter renfro henry rogues brian edwards paul waller monroe lamar jackson ben rothlisberger football
"paul allen" Discussed on The MMQB Podcast with Peter King

The MMQB Podcast with Peter King

02:04 min | 1 year ago

"paul allen" Discussed on The MMQB Podcast with Peter King

"There's nothing like competing for your country. The pressure is the passion the product who will take home the ryder cup beginning. September twenty four on nbc golf and peacock Welcome to the peter king. Podcast so happy. You could join me this week. After ace scintillating week of games around the national football league. We're to break down those games and some of the teams that we love in some of the teams. We don't after two weeks. I'm gonna break those down with paul burmeister. My friend from nbc sports and then later on in the podcast. I'll be joined by paul allen the minnesota vikings play by play man. Who is i would say. It's fair to say still a bit apoplectic. After greg joseph's thirty seven yard field goal when eighteen inches wide to the right and cost the minnesota vikings there nine hundred sixty eighth football game from kicker seemingly in like the last three or four years but anyway we will find What the angst level is in the land of ten thousand lakes in a few minutes but now hey paul. Thanks so much for joining me this week. How are you good. Peter after listening that intro. I'm wondering who do you picture being your. Mvp your your most valuable. Paul here this album. That's a good one paul. You were always my most valuable paul. Come on. Let's not joke about that. Especially when i'm the one who's on with you at john. Yeah it'll be it'll be good to hear. I read a great story this morning online From mark craig longtime A sports journalist up in minneapolis. And he's a hall of fame voter..

paul burmeister nbc minnesota vikings greg joseph peter king national football league paul allen golf paul football Peter Paul mark craig john minneapolis
Single Covid case in Western Australia leads to 5-day lockdown for 2 million

Bloomberg Daybreak: Asia

00:50 sec | 2 years ago

Single Covid case in Western Australia leads to 5-day lockdown for 2 million

"The western city in Australia. Perth Going into full lockdown after a troubling case of covert has been founded, Baxter covering it all. From the Bloomberg 9 60 newsroom and San Francisco Ed. Yeah, exactly right, Douglas. This comes from a hotel quarantine worker who tested positive. He had multiple contacts outside the hotel and Bloomberg's Paul Allen reports of full scale contact. Tracing effort is now underway. But until that could be done while two million residents and Perth and the surrounding area and they're on a hard lockdown, they can only go out for essentials. Workplaces, schools and restaurants or closed and there's some talk that it could have some impact on the West Australian election, which is due to happen in about six weeks. Now officials of fear he contracted the variant that is running rampant in the UK currently This lockdown is five days we'll see what happens down the road.

Bloomberg Perth Baxter Paul Allen Douglas Australia San Francisco UK
Los Angeles Lakers win NBA Finals; LeBron James secures his fourth championship

Paul Allen

01:08 min | 2 years ago

Los Angeles Lakers win NBA Finals; LeBron James secures his fourth championship

"This happened something that we've enjoyed immensely over the last couple of months came to a conclusion they coached small is already gone down the Florida talk to the victorious coach school. Thank Volvo off the Los Angeles Lakers. To Win this game one, zero, six, ninety, three. They are the bubble NBA champions and I might add also well deserved. They played sensational. Ninety three the final that highlights seven ninety, the fan in Miami The Los Angeles Lakers won the NBA title last night they were up sixty, four, thirty, six at the half all admit full purple full viking Sunday mode. I, did not watch him minute of this game night other than the islets I couldn't do it. I was in I know you were in hosting fan lines so you were here. I was not here for the game I was at home. Okay and I just I'm locked in Man I. I love this football team show much. I can't deviate from that. Yeah, and that doesn't surprise me even though you've watched every minute of every NBA finals. and. Conference finals to with with East and West so it doesn't surprise me

Los Angeles Lakers NBA Volvo Florida Miami
SpaceX makes history with successful rocket launch

KIRO Nights

07:24 min | 3 years ago

SpaceX makes history with successful rocket launch

"Let's talk about space we lost some will not I don't and and and a lot of firsts were involved in this first of all it it was a private space company SpaceX which started in I think two thousand two and Eli must company a private space rocket company they worked along side NASA they pick they basically SpaceX did the whole thing from start to finish they designed the rocket they designed the capsule and and these guys launch astronauts Doug Hurley and Bob bank in Bob and Doug they kept calling him on the launch I was watching the live feed and I could not not think about the SCTV scary for the movie strange brew with Bob and Doug McKenzie I can't want to calm hoser it it is I don't I I love this kind of stuff I think it's absolutely fascinating and if if you're like why are people making such a big deal about this because it was everywhere a bunch of people watched it everybody was talking about it I'm it it is it is really quite a remarkable thing and you've got these two seasoned astronauts right these guys are like that the commander dog is a marine pilot he's been to space a couple times this guy has flown he's docked with the international space station on his own he's manual controls that is a nearly impossible task it's not tried searching for I did I'll try searching for it on link then you will have a hard time finding this guy to hire they hired like one of the white people in the planet is the only got this particular job yeah in or off the planet he's the only guy but but this time they used computers they launching these if you saw any of the video it's this beautifully sleek cushioned capsule that they're in they have and I can explain why mom was a who owns SpaceX yon yep and if you look at the inside the capsule looks like it really does Tesla's known for having a steering wheel in a TV essential hand side and end up breaking out into the Aggie can't look out of gas pedal and accelerator pedal and that's what the inside of this without the accelerator pedal that's what the inside of this looked like it was all touch screen also not like what you the the the NASA space capsule that you have come to admire and from from movies it doesn't look like anything like that anymore it looks much much more modern it is what the future space flight in one of the significant things here is this is the the beginning of the privatization of space flight right the the way it used to work was was it's not like that there have been private contractors building the stuff if you work at Boeing you know Boeing's history of building major components of every space mission I'm going it was front center it doesn't really happen without bowing right and other American contractors who do who developed a high tech but it was all in the auspices in the funding of NASA this is different NASA was involved but essentially NASA was the contractor helping these guys get to outer space it becomes it's a very interesting reversal of roles and if you don't think that that Jeff Basil's and his blue origin was sitting out there both rooting for and against the wasn't reading I think Francis aster but he certainly wasn't rooting for massive success unless he feels like Hey there's it's a big universe there's room out there for all of us it was very very interesting to think about I mean for you one must love him or hate him in in you probably do both on the on any given month given the way the guy behaves getting a space program off the ground in from two thousand when it was it was too two thousand ten till now is a standing yeah without denial of land over rockets and you know it wise it really is kind of remarkable and this is if you or anything of a space junkie and I am this was a real historic day and worth seeing and on top of that like we talked about once before on the show there is a simulator where you can actually try to really high it's it's similar to what you can try and doc this thing on your own that is it marks up the similar it simulated that they used I don't know how many times I ended up into deep space on saleable or brand right into the space station because I couldn't get it done they used to have like a a simulator in Cape Canaveral in Florida and I went down there with my dad when I was a kid and he's a pilot he he's a commercial if he's one big jets and everything he gets in the similar I barely I mean he didn't he didn't do it he couldn't actually do but got really really close and he's like man that was like the hardest thing I've ever done right the space shuttle used to have I this is my favorite part of storage space shuttle used to have two thousand manual switches right and you're when you're an astronaut you flick and then you're doing all the stuff turn these this this has twenty from two thousand to twenty everything is touch screen and these guys Bob especially the commander he's an old school marine and at first he was like I don't know about all this because when you're wearing the big astronaut gloves and you're flipping switches and it's real important that those switches get flipped there's you know when you physically flipped it or toggled it or whatever it is that right with a touch screen he's he's like that took a lot of getting used to so the SpaceX people are like we got you Bob and they created like a like a little like bloom like when you touch the screen you see some sort of a visual indication well it is actually touched it's the whole thing in your phone we're so between the two at the haptic response to refer to it as when your phone buzzes or clicks right when you do that kind of stuff the reason that they keep the shutter noise in a camera what they don't need the center noise in the camera anyway all of these things are because we're so a **** waited to flicking that switch to feeling that resistance some sort of physical contact with it and so they just dumbing it up for our own company even though it's not necessary that's exactly what they did here everybody knows Houston as in Houston you have a problem mission control this is as Mike said not a NASA mission so mission control you with they heard they heard voices from Hawthorne California that's for SpaceX is based out of so this is just changing changing the whole game yeah I mean but you know Hawthorne has its own problems so I suppose in some point locally we never get to that point and it and I think that that's really what now so it was not built solely to make space a government enterprise but to alternately allow this sort of building to happen and I think NASA's done a really remarkable job of pivoting to what the future is in becoming sort of this agency to essentially becoming an incubator for private space right and that is actually not a dumb thing for for them to do and and now we have four companies and more in other countries that are actually buying for this for this sort of dominance it's a pretty interesting thing it really is it's one of those many things like we talk about in Seattle that underscores what it what it what a real setback it feels like for Paul Allen to have died because he was also involved in a project out of Syria and so a lot of a lot of effort now in the private sector of doing this thing but this thing being successful is good news for everybody including other companies that are competing with them because we needed to see it happen from a private company and I certainly hope that this is just the beginning of a really really interesting future

Nasa Spacex ELI
The Father of Personal Computers

Command Line Heroes

05:40 min | 3 years ago

The Father of Personal Computers

"This bonus episode we wanted to take a closer look at the man who is sometimes referred to as the father of personal computing Ed Roberts the founder of mitts and creator of the altar. Here's forrest mims. The third who co-founded admits at Ed's kitchen table in Albuquerque New Mexico back in nineteen sixty nine. It was one of the hardest working guys. I know we go to a meeting at Ed's house and we had to wait and wait and wait. Why is that. Because he's taking a nap 'cause he hasn't slept in two days so I think we got to snap. Then we have our meetings. We'd sit in his garage building stuff that we're trying to sell. This is before the computer days selling. You know the building a model rocket stuff and all that Watching Mash on television and Star Trek. Just having a good old time doing that a few years later Roberts came up with the idea to build a mail order. Computer Kit for hobbyists marketed. Through Popular Electronics magazine that microcomputer was to be called the al-Tair Eighty eight hundred and the advertisement caught the attention of a young Paul Allen and Bill Gates who soon pitch there basic software to ED? Ed invited Paul Allen to New Mexico to try out. Paul Allen gets to Albuquerque and ED meets him at the airport. He's looking for somebody wearing a suit and tie and all that but ed was air wearing blue jeans and just like we all did. Anyway they get together and ED drives a motel and Paul doesn't have enough money to pay the bill so it gives. It didn't have any money so he gave his credit card and Paul's embarrassed about that or they went to see out there. I hadn't loaded the bootstrap loader yet and they typed in two plus two in the computer said four and they were just ecstatic that it worked that shield that basic worked. He hired Paul Allen on the spot to be his vice president for software development and But Gates went back to Harvard. His Dad wanted him to become an attorney. But Paul Allen Convinced Gates to come back that the summer of seventy five and work on the work with basic the al-Tair along with Allen and gates basic interpreter a smash but the relationship between Roberts in the young duo soured when they wanted to break out on their own got severe arguments at work when gates an Allen went on their own with Microsoft That's what really upset. Add much more so than anything else and because they wanted to sell basic to other companies in other words. Competitors of Ed's like processor technology and Radio Shack was secretly developing the trs. Eighty and so on. So there was a battle over that well it had to go to arbitration because they're Bill Gates had written a contract with Ed while he was still working at a mets in his contract said that midst to use its best efforts to to promote basic and the arbitrary arbiter decided. Well it wasn't using his best efforts to promote basic and that gave all rights back to Microsoft the contract they had with. It wasn't really fair because Ed never read the contract. He told them. I trust you guys and signed it. Once that trust was broken Roberts was turned off by the whole industry at this point Z. Ed Roberts is A. He's an innovative guy but he doesn't like dealing with office problems and office people complaining about each other. You know the standard thing that happens in big offices he was flooded with that for example. Mci was selling computer. That looked just like the Altair. It was almost a carbon copy. He didn't like that kind of competition. He felt it was unfair. All of that was getting him down and he finally decided to sell the company. He sold it to per tech a manufacturer of hard drives. So what did Roberts do next retire? Become a full time. Hobbyist Roberts was only thirty six years old and still had a lot of Gusto in them but he was also a little homesick for the simpler life. He grew up with so he finally decided. I've had it. I'M GONNA go back to Georgia. I'm going to buy a farm. I've already made my million dollars. I've already got my airplane now. I've learned to be a pilot and I'm going to become a medical doctor. The medical doctor thing always bothered me. I thought to myself is not GONNA do that. Well I did do that. He went to medical school. He became a small town doctor. Who really cared for people? Decades later in two thousand six Dr Roberts received an invitation to go back to Albuquerque New Mexico. Museum of Natural History and science was opening a new startup exhibit on the personal computer revolution and its roots in the region. The exhibit was largely funded by Paul Allen. Ed was invited to the grand opening. Didn't WanNa go and he kept saying I don't want anything to do with it. You know nobody knows him. I don't WanNa go. I kept telling him F. You've gotta you've gotta go. He decided to go. And so we were there at the dedication of a plaque in front of the old midst building and dedicated that and that was a big deal in Paula's air and all that when Paul is getting ready to leave that exhibit his he walks over and Paul comes to tell us goodbye. Goodbye wishing well and he said if there's anything I can do to help you let me know meant helping him in his medical practice. And so I'll I'll I'll let you know he says after all. You still owe me for that hotel bill that I had to pay for you and your ride admits back in the early days and they just laughed and all that Ed was getting past all of that that rivalry

Hobbyist Roberts ED Paul Allen Bill Gates Albuquerque New Mexico Forrest Mims Microsoft Founder Paula Popular Electronics Magazine Mets MCI Attorney Altair Museum Of Natural History
Personal Computers: the Dawn of a Revolution

Command Line Heroes

02:36 min | 3 years ago

Personal Computers: the Dawn of a Revolution

"It's a cold and frosty December afternoon. In nineteen seventy four. Two young men are walking across Harvard Square. They're probably having a conversation about their favorite subject. Computers as the men pass a newsstand. They see the blue lettering of popular electronics peeking. Out from the other magazines they stop and check it out on. The cover is a photo of a metal box with a dozen switches in small lights on the front. The headline reads world's first mini computer. Kid All tear eight hundred. The box doesn't look like much barebones really meant for hobbyists and tinkerers but it looked like something more to these two guys. It looked like the machine. They'd been waiting for because they have the perfect software for this new hardware at the same time. They were a little freaked out would if others had the same idea they did. And we're working on it already. The had to move fast. The names of those two command line. Heroes Bill Gates and Paul Allen. Little did they know the altar eighty eight hundred would be the gateway machine to a personal computer revolution. It would change their lives and ours forever. New Machine would do one other thing. It would kick start the debate between free and proprietary software with the help of a mysterious stay tuned in episode one of our season on hardware. We learned about many computers like the Eagle at an episode two. We heard about the ged to twenty five mainframe but both those machines were still limited by their size cost and processing power. This episode is about everything. Shrunk down to the micro computer and it all starts with the diy kits that were mailed to hobbyists like the one that grace that fateful cover of. Popular Electronics. Those simple kits inspired the revolutionary idea. That computers could sit inside your own home. That computers were yours to own an experimental. It was the birth of a new mass market piece of hardware. The personal computer.

Popular Electronics Harvard Square New Machine Bill Gates Paul Allen
Apple nixed Xnor.ai's involvement in Pentagon's Project Maven following acquisition

Techmeme Ride Home

01:16 min | 3 years ago

Apple nixed Xnor.ai's involvement in Pentagon's Project Maven following acquisition

"Remember Apple's purchase of X. nor dot ai the A.. I. Photo and other things start up that we told you about recently well sources are telling the information that as a part of taking over x nor apple has terminated that startups involvement in the Pentagon project Maven the same project even that sparked sparked protests at Google when Google was involved with it quote until apple acquired it ex nor dot a I was a little known Seattle startup that had spun out of the Allen Institute for artificial intelligence. It's a research lab formed by Microsoft Co founder Paul Allen who died in two thousand eighteen extra data. I made machine learning algorithms. That could run on low power devices instead of relying on and connectivity to the cloud that technology could be especially useful on devices like drones which sometimes operate with unreliable intermediate network connections according to the person familiar with the matter exner dot. Ai Worked on project moving in conjunction with another startup clarify which has publicly spoken about. Its work on. The Pentagon effort clarify executives didn't respond to requests for comment but ex nor is technology could also be used inside consumer electronics devices for applications like image recognition. Listen it software could fit in with Abbas broader effort to run a algorithms locally on devices rather than in the cloud a practice that raises privacy concerns and quote

Apple Pentagon Google Paul Allen Allen Institute AI Seattle Abbas Co Founder Microsoft
Inside Bill Gates' Brain with Davis Guggenheim

The Vergecast

09:47 min | 3 years ago

Inside Bill Gates' Brain with Davis Guggenheim

"Bills Brain three part documentary. Nfl I just watched it this week. Tell me how this project got started because you have you got a lot of access to gates and it's obviously Dan netflix unusual structure. You know three one hour episodes. Don't tell me how it came together so I was making the film waiting for Superman and we were almost it's done but it felt like he was missing. Voice and waiting for Superman was about public education's like how does this sort of failure of our public schools effect business and you know what better the thing to talk about. Someone who's in Silicon Valley or at least the business of Silicon Valley. He's obviously in Seattle but what does that do to growing the best business in in in America. How do you find talented educated. People had at his failure of our schools of some of our schools. I should say many are do really well but how does that effect are growing economy in in in the tech business. So I went up an interview bill. He was so great and so surprising that that I was like wait a minute this this person the needs to be reconsidered a because to give us the backstory. I was a I got a Macintosh nineteen eighty-four. It was the first person in my dorm Brown to get one. I think it was like ten had arrived at Brown in everyone of my floor huddled around this magical computer so I was a Mac. I was an apple guy and I always thought Steve Jobs is cool and Microsoft was just like for the business people and so I sort of held Bill Gates in my mind at arm's length that was like he just business guy. Maybe he's a monopolist. Maybe he's not but but you know I like. I like Mac and so what I finally met him. I was like wow. There's something he's doing right now. That needs to be understood. He is he's really changed his public image and I don't WanNa get into into that part of it because the weight inside bills brain is structured literally inside of every episode. It's almost like a thriller of the project that the bill and Melinda Gates Foundation is doing doing whether that's toilets or nuclear energy or vaccinations then there's like the history which is what most people kind of assume you're going to get right. We're GONNA GONNA tell the story Bill Gates from start to now but there's this like thriller component of the Bill and Melinda Gates Foundation happening inside of it. How did you decide to like like musicnet structure. Go started filming and I actually got lost. I don't know how to make this because a lot of the work. They're doing a super complex. In also initially dramatically. It's not just add water in the story tells itself right and so I was experimenting with this kind of way of cutting back and forth between his biography in the work that he's doing and the first time it worked was when I in its in episode two I think is when he's trying to figure out why cases of polio keep popping up all over Nigeria in Afghanistan Pakistan and why past efforts was it failed and how he used sort of his brain had he delvin to sort of like crack that because people been trying for years they thought they were getting close and then it doesn't work it. Would I thought I'd do is show bill in the early days in highschool cracking the class schedule. It's sort of a famous story where his private private school asbill a sophomore. I think ask him when he's a software and then he does it in his junior senior year but they say you're. You're good at this computer thing. You know there's a famous terminal school only one terminal any school in State of Washington say. Hey you're good at this coatings and can you code the class schedule at lakeside aside and so he and Paul Allen Staple night figure out how you know because his lakeside had merged with girls school so they had all these different classrooms different for campuses and Bill Paul us sort of their brains and they're sort of algorithms to cracks in the same way he cracks the algorithm or tries to crack the algorithm for a radical polio he did things like digital mapping in predictive analysis on where cases of polio would show up so the story telling the whole story retelling for all three episodes follows that one example where we cut back and forth between something some way in which his brain worked or or something revealed in his character actor is historical story with what he's doing now to reveal how his brain works and how you know how he solves problems so you obviously got all this access testable to Melinda. You got a bunch of archival footage. I guess you would call it of them. When they were young when they were dating there's Video Ville hugging kids when they're babies as which broke me like you don't ever see that side of him. How did you go about getting access to build. The product was kind of the condition that I make for any movie. When I flew complained to commit to page talk him into doing it might get loud. It was like if we're if we're GONNA do this. You got to open up to me. I won't ask any questions to ask. I will put everything on the table because that's you know that's what if you're going to do a movie forgot to go make make that effort you open yourself up and the same thing. I did with bill and I have to save all the people I've ever made a movie about. He was the most open in the least concerned about Oh. Don't go there. Don't get this right. I mean I went. I went right into you. You know the depositions for the case. You know there's pretty harsh stuff in there about how the world sees him and I put all if even if you go and watch the trailer of the trailer in the opening of the move of the series is is this guy a good guy bad guy you know one. One voice calls him the devil I really wanted to say I want to put it all table. Say who you know. Let's let's put everything on the table and let's let's consider this man. Today did bill get any edit control. Do they get to say they didn't want anything in there. Now what I do is for every movie all when I get a cut that I like I'll go show it to people so I showed to Jimmy page edge or anyone else or Bano or Malala just because I wanna make sure that I didn't miss something or it didn't miss categorize something and often in every case you sort of. They say oh well. You know what there's another another piece that story that entail you and usually gets better but nothing was. I didn't take anything out that I didn't WANNA put in so there's sequence your time in the antitrust apiece. There's a sequence where you ask him if he was arrogant in step position. This is great because you know. This is a heavy topic now. We actually talked about it on this podcast. All the time like like are these companies to powerful should get broken up. Microsoft was arguably the first the current president of Microsoft Brad Smith. He's just read a book about basically asking being the government to regulate tech companies. It's very interesting but it he bill gates was the first as you note in the documentary. He's he stepped back from the operations operations of Microsoft to handle trial he gave this famously bad deposition and you ask him if he's arrogant and he he was like well look when you're a twenty year old billionaire. Maher sometimes when when you were getting answer. Did you sense that he was that he was shading or was he just telling you what he thought. Who's absolutely shading you. You Watch it. What's what's fun about watching. The movie and we put the full answer in is that he didn't WanNa say he was hacked arrogant. The Fun thing about making a movie is one of my agree. Teachers taught me this about storytelling is that you know that the filmmakers job is to plus two. The audience's job is for that sounds like a really pretentious film film school way of saying it but the idea is I ask if he was arrogant. He gives an answer. It's up to you and the audience to say and decide whether he's arrogant or not so I like to put that in there and let the audience decide for himself or herself. Do you think that arrogance however he wants to think of it is an asset to him and his current work. That's a good question. That's a really good question. I'd have to let him answer that. I mean I think intense focus. I think being very certain I think maybe with a touch arrogance. Get to this place where you're cutting through a Lotta bullshit so that is an let me let me qualify this answer by this is my answer not his answer but I do think that affect of people in the world have to cut through bullshit they have to cut through group think in their own group in their own company they have to cut through how the bureaucratic nature of a big company slows things down so if arrogance Y- like five percent or twelve percent arrogance and certainty and bull headedness it is effective. I wouldn't mind that I think sometimes a director of documentaries has to be bull headed and arrogant sometimes but then you have to sort of you know put guardrails ells on yourself. You have to have a few on that so that you don't go too far and I think clearly see footage in there. From the early days of Microsoft will they'll clearly went too far. Your gifts and that's actually the one the one piece of documentary that I I don't know how interesting it would be to everybody. I kind of understand why it wouldn't be there but it's very interesting to me is Microsoft soft was a ruthless company with gates at the helm and you you wave at it a few times right by their competitors date they crush them obviously netscape and eh interest trials there but there was lots and lots of other stuff they did to ruthlessly destroy their competitors along the way and that was all bill. was there a moment where like. I need to focus on that that stuff more or say. I just need to say at once and move on. There's other stuff. That's more important you I mean the the the the focus of the series is really not about that. I put enough enough in there to acknowledge it and say this happened but it wasn't an expose of the tactics. Microsoft in this period of time and so did just like the movie doesn't get into who all the details of the entrust case it doesn't get into all the details of why bill thinks that they were maligned nor does it get into all the details of why people think Microsoft is wrong. That wasn't the focus of the series. The focus of the series is a character study of a guy in in what is he doing with his life.

Bill Gates Microsoft Bill Melinda Gates Foundation Bill Paul Polio Silicon Valley Superman Seattle NFL Dan Netflix Brown America MAC Apple Washington Steve Jobs Nigeria Jimmy
Australia Calls on China to Release Detained Writer

Financial Issues

00:32 sec | 3 years ago

Australia Calls on China to Release Detained Writer

"Australia is calling for the release of an Australian citizen detained in China seven months ago thanks Paul Allen says he has now been formally arrested writer and political commentator Yang and Joan was first detained in the southern Chinese city of Guangzhou in January after a flight from New York he now faces charges of espionage which in serious cases it carries the death penalty Australia's foreign minister Marie's pains there's she's concerned and says if you hang is being held for his political beliefs he should be released in Sydney Paul have on Bloomberg daybreak

Australia China Paul Allen Writer Yang Guangzhou New York Marie Sydney Paul Joan Bloomberg Seven Months
Australia concerned writer faces espionage charge in China

Bloomberg Daybreak: Europe

00:32 sec | 3 years ago

Australia concerned writer faces espionage charge in China

"Australia is calling for the release of an Australian citizen detained in China seven months ago Brubeck's Paul Allen says he has now been formally arrested writer and political commentator Yang and Joan was first detained in the southern Chinese city of Guangzhou in January after a flight from New York he now faces charges of espionage which in serious cases carries the death penalty Australia's foreign minister Marie's Payne says she's concerned and says if you hang is being held for his political beliefs he should be released in Sydney Paul have on Bloomberg

Australia China Paul Allen Writer Yang Guangzhou New York Marie Payne Sydney Paul Bloomberg Joan Seven Months
Microsoft co-founder Paul Allen's company goes out of business

SPACE NEWS POD

01:47 min | 4 years ago

Microsoft co-founder Paul Allen's company goes out of business

Aussie markets cheer Morrisons surprise win

Bloomberg Daybreak

00:31 sec | 4 years ago

Aussie markets cheer Morrisons surprise win

"Risk assets in Australia rose today after a surprise election victory for the country center. Right government. Bloomberg's Paul Allen reports from Sydney still being counted. But Australian Prime minister Scott Morrison has not only been returned to pow. The also looks. Secured a majority of his ruling coalition Marcin held this win as a miracle, and it's no exaggeration opinion polls, and even internal strategists seconds to this alost Kohl's. But voices rejected sweeping economic reforms promised by the labor

Scott Morrison Prime Minister Marcin Bloomberg Paul Allen Sydney Australia
 Australia's prime minister set to form majority government

Bloomberg Daybreak: Europe

00:30 sec | 4 years ago

Australia's prime minister set to form majority government

"Yussef prime minister Scott Morrison, pulling off the seemingly impossible and winning reelection for his conservative coalition over the weekend. Bloomberg's Paul Allen has the latest from Sydney votes are still being counted. But Australian Prime minister Scott Morrison looks to have secured a majority for his ruling coalition Marcin hailed this win. There's a miracle, and it's no exaggeration opinion polls, and even internal strategists said, consider this a lost cause, but voters rejected the sweeping economic reforms promised by the labour

Scott Morrison Prime Minister Bloomberg Paul Allen Marcin Sydney
World's largest plane makes first flight over California

Hidden Brain

00:22 sec | 4 years ago

World's largest plane makes first flight over California

"NPR news world's largest airplane by wingspan took off on its first test flight this weekend the plane built by straddle launch a company started by the late Microsoft co-founder, Paul Allen, flew over California's Mojave desert for more than two hours yesterday. The plane is designed to deploy small satellites at an altitude at an altitude of about

Mojave Desert Paul Allen Wingspan NPR Co-Founder Microsoft California Two Hours
Tencent shares jump 3 percent after Chinese regulators approve new games

Bloomberg Daybreak: Asia

00:35 sec | 4 years ago

Tencent shares jump 3 percent after Chinese regulators approve new games

"Twenty two down one tenth of one percent. Nasdaq up forty seven up seven tenths of one percent in New York. Charlie pellett. Bloomberg daybreak Asia. Thirty three minutes past the hour. Let's take a look at the Asia Pacific. What to expect today? And what's happening at the moment. Here's Doug krizner. Let's begin with the euro, Brian because we were down quite a bit of New York trading at one point we actually dipped below a buck thirteen that in afternoon trading, which coincided with a report on German or the German government, reducing its twenty nineteen GDP forecast to one percent earlier in the day ECB president Mario Draghi intensified. His warning on the challenges facing the euro area right now, we're dollar thirteen zero six so with euro weakness, the dollar strengthened against the majors. Bloomberg. Spot index picking up about three tenths of one percent on the day slightly. Weaker yen one oh nine fifty three in spite of that pullback, though, we're not seeing a lot of support for futures on the Nikkei trading in Chicago. We're only about twenty points above where we finished in the cash market yesterday in Japan, and in a little while we're going to get the Japanese CPI for the month of December want to get you to Sydney now, we've got Paul Allen. They're looking at the early goings down under and maybe a little taste of what's happening in New Zealand. Good morning, Paul. Yeah. Morning. Doug, gambit of a mixed bag in this part of the world, the dole is continuing its slide. Seventy eighty one the six high by one percent, but I wanna tell you about one of the worst performance today. I am he offers seven percent. This is after the wealth management warned the full year earnings are going to slump another thirty five percent costs piling up there from the financial advice scandal. I am going gonna take another one hundred and sixty million AUSSIE dollar hidden fiscal twenty nineteen on top of an earlier too. Hundred million dollar hit. So those shares easing off today over New Zealand daddy. So looking pretty flat right now dR, all right? Thanks to Bloomberg's Paul Allen here in New York. We had crude oil picking up about one percent. There was a report from the government. The energy information agency actually came out with a rather bearish view on the shale, boom. However looks like the growing instability in Venezuela is carrying the day helped WTI finish above fifty three a barrel right now, we are at fifty three o nine in the electron accession. I'm Doug krizner at Bloomberg. Interactive brokers studio in New York rish. Yeah. Thanks, the two bills aimed at ending. The US government shutdown has failed the two sides in anti gay shading at banks is go global news. And he's in the Bloomberg nine hundred sixty San Francisco newsroom. Yeah. Rish. Thank you. It's back to square one. Well, with the exception that both sides now. No there are two options compromise or leave the agency's shutdown. Bloomberg's Marty Shankar says the two sides now have gone back to the bargaining table. The outlines of some sort of a compromise that would continue that would open up the government for three weeks contain some semblance of border security. And the president says he is open that it will compromise reasonable agreement. I would support again, maybe a pro rated deal on a Wally says, but that a wall has to be part of it earlier in the day Chuck Schumer said he needs to know that the president will sign something that they negotiate last month. The Senate unanimously passed the short term Bill to keep the government open. It was leader McConnell's idea. Everyone thought the president would support it. But President Trump buckled to the most extreme voices in his party. So the talks are still on Japanese whalers say they will form a fleet of at least five vessels to resume commercial whale hunting, July first it says exact locations will be determined by research in June. It says catch quota and hunting scheduled not scheduled and decided North Korea's Kim Jong UN has ordered preparations for a second summit with Donald Trump. He says he will wait with patience and in good faith to work toward a common goal. The issue is what Cam needs from Trump to make any moves toward denuclearisation. The US has ordered non-emergency government employees out of Venezuela and the Trump administration trying to clarify statements made by commerce secretary Wilbur Ross about government workers thirty days of that. Some people will be out. There's no real reason why they shouldn't be able to get a loan. Against. So the president asked about it today, and he efforts what he was he being Ross was trying to say banks are working along. If you have mortgages, the mortgage is the mortgage the folks collecting the interest in all of those things, they work alone. And that's what happens in down like this. They know the people they've been dealing with them for years, and they work along the grocery store and explanation of why they really don't need to rely on food banks global news twenty four hours a day on Aaron a tick tock on Twitter power by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries in San Francisco, I'm Ed Baxter. This is Bloomberg Brian. All right. Ed. Thanks very much. Thirty eight minutes here past the hour. It's time for global sports. Dan Schwartzman

Bloomberg President Trump New York Bloomberg Brian Doug Krizner Paul Allen New Zealand Donald Trump San Francisco United States Venezuela Asia Asia Pacific Charlie Pellett German Government Mario Draghi Wilbur Ross Japan
Rio Tinto sees further rise in exports this year

Bloomberg Daybreak: Europe

00:42 sec | 4 years ago

Rio Tinto sees further rise in exports this year

"Meanwhile, Rio Tinto reported a full year iron ore production in line with expectations as Bloomberg's Paul Allen reports. The mining giant is unconcerned about any slowdown in Chinese demand. Reedit toys these ownership is rising as much as three and a half percent in two thousand nineteen to eight potential three hundred and fifty million tonnes. That's after reporting full gear production in line with gardens for two thousand eighteen on or is Rio. Tinto's biggest product and China its biggest customer reading Rio more than forty percent of its revenue Chinese imports slipped last year for the first time since twenty ten but Rio Tinto expects smaller. Love equality produces to be the victims of any further easing and

Rio Tinto RIO Paul Allen Bloomberg China Fifty Million Tonnes Forty Percent
The biggest jet engines ever seen are set to roar on Boeing’s 777X

News, Traffic and Weather

00:34 sec | 4 years ago

The biggest jet engines ever seen are set to roar on Boeing’s 777X

"Than a couple of people to join four time Pro Bowl safety lawyer Milloy up by the needle mass forty three mph winds on the day. I have to raise the flag at least I need one. He got it was a first for the Tacoma native. And you dub all American I've been here forty two years. And this is my first time to this base. New lawyer was admittedly a little nervous, but he got the job done. And then came back down to the safety of the observation deck where he says the Seahawks have really stepped up, but it'll be a good game because they in the cow. All boys are pretty well. Equal fans watching the NFL right now. This is a good time to watch still the Cowboys. And they've messed up a lot more than a lot of teams. Plus, they got to this level. So hopefully that debt continues to happen. Steely says they've given themselves a chance to continue their on field tribute. The Paul Allen, Ryan Harris, KOMO news. Komo news time seven forty and from the Harley exterior sports desk. Tom Glasgow talk in hawks to Seahawks have landed on the Associated Press. NFL all pro first team linebacker, Bobby Wagner, and punter. Michael Dixon on the second team. Seahawks left tackle Duane Brown. Back to that. First team the quarterback second year star Patrick Mahomes of the Kansas City. Chiefs course Seahawks tomorrow night taking on Dallas Cowboys in playoff action Pekar was asked about the importance of having playoff experience. I think it's it's valuable it's it's really valuable. I

Seahawks Cowboys Komo NFL Dallas Cowboys Tacoma Bobby Wagner Milloy Patrick Mahomes Duane Brown Kansas City Paul Allen Michael Dixon Associated Press Steely Pekar Tom Glasgow Chiefs