23 Burst results for "Saudi Arabian Government"

"saudi arabian government" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:52 min | 3 months ago

"saudi arabian government" Discussed on Bloomberg Radio New York

"New Zealand for example the crucial thing that we have to do is bring inflation down that's how we're going to ease the burden on families that's how we're going to stop the increase in interest rates and that's why my first priority is to of inflation now of course that is proving to be more persistent than people thought speaking supporters at to the NATO summit in Lithuania Sunak also said that the fight against price rises trumps the need for tax cuts the comments echo those of his Chancellor Jeremy Hunt over the weekend but the sounds risks alienating members his of own party who are unhappy that a conservative government has taken the tax burden to a 70 -year high US inflation data out today is likely to be pivotal for Fed officials the consensus estimate sees headline inflation falling sharply from 4 to 3 .1 percent Bloomberg economics expects headline and core CPI to be subdued JP Morgan's analysts think there's a good chance it comes in cooler than expected while their trading desk but an 80 % chance the print comes in below or in line with the forecasts a cool print could FOMC allow the to pause the hiking cycle after their July meeting and NATO has moved forward with its to plans enlarge its defense alliance during a meeting in the Lithuanian capital Vilnius the group firmed up the prospects for Ukraine's future membership and secured a breakthrough deal with Sweden that will complete its expansion northwards speaking to Bloomberg's Maria Tadeo at the gathering the UK Foreign Secretary James Cleverley made clear he feels it's Moscow's actions that have forced NATO to take action my message is to remove Russia your troops now Russia is the aggressor Russia sent its troops into Ukraine Russian missiles targeting civilian infrastructure civilian centers Russia Russia has been the one that has escalated throughout this and you can listen to Maria Tadeo's full conversation with the UK Foreign Secretary James Cleverley on our Bloomberg talks podcast all our best interviews in one place China's financial regulator has asked banks to respond to a bearish research report on the sector by analysts at Goldman Sachs the move underscores the heightened sensitivity in Beijing towards negative market commentary as the economy shows economy slows rather Bloomberg understands that the regulator contacted several of the largest Chinese banks after Goldman after analysts cut ratings on some shares and lowered price targets on others and the US US Federal Trade Commission is understood to be plotting its next move after a judge ruled against the agency in its case to block the Microsoft Activision deal. Bloomberg's Doug Krisner has the details. We're told the FTC is leaning toward filing an appeal as soon as today. A federal judge found the FTC did not prove the deal would harm competition for gaming but Robert Landy of the University of Baltimore Law School said the law only requires the agency to show a deal may substantially lessen competition not that it will or is likely to. The judge extended an order blocking Microsoft from closing the deal until midnight Pacific time on Friday. The FTC would need to seek an emergency stay to extend. is The whether question the appeals court would rule before the deal's deadline on July 18th. In New York, I'm Doug Krisner Bloomberg Daybreak Europe. The news comes as the UK Competition and Markets Authority says it's prepared to evaluate proposals from Microsoft after vetoing the deal in May. The CMA says it has now agreed to a stay in the company's appeal before the Competition Appeal Tribunal. Documents detailing how the biggest merger in Gulf history came together has attracted the scrutiny of U .S. lawmakers. The U released documents from officials to show how Liv agreed to stop competing against the PGA in exchange for a say in governments and a share in future media rights. Senator Richard Blumenthal, the panel's chairman says transparency is vital. Americans very simply deserve to know what this agreement means for future the of Gulf as well as for the future of the Saudi Arabian government's investment in sports and other autocratic regimes that may choose to do the same. Meanwhile, the PGA deal made with LivGolf and the Saudi sovereign wealth fund includes a broad non disparagement clause that Blumenthal argues could prevent criticism of Saudi Arabia. And finally, London's property market slump is starting to weigh on even the richest buyers. James Woolcock has more. Rather than sell a house many for less, owners are opting not to sell at all. Property researcher Lonrez says transactions are down 20 percent compared to this time last year, with homes worth more than five million pounds being worst hit. It's not just the volume. Deals are taking longer to happen and are more likely to fall through. Foreign buyers are also holding back as they look ahead to a general election and potential rule changes by any new government. In London, James Abrac Europe. So those are some of our top stories on the programme this morning. We are listening in to, and we will join shortly, the Bank of England Governor Andrew Bailey, who's giving his press conference after the release of the Financial Report. Of course, today is the day that we're focused very much on US CPI as well as the big factor the markets are watching out for as well, and that slowdown as expected by Bloomberg Economics to 3 % in the headline rate So as that well. is something that we are focusing on very carefully when we are thinking about what's moving markets at this point in the trading session with those currently European share is still pointing that Motara stock 600 up by half of 1%. So it looks like it's heading for its fourth day gains of on that index. Yeah, look, this print could be absolutely pivotal for shaping inflation expectations in the coming months is pretty much all but certain that the Fed is going to hike 25 basis points this month. The question is whether it's going to be the final hike from the Fed. And we'll look not just at the headline rate, but also at core and services numbers below the surface as well, Stephen. Yeah, of course. And that's gonna be something that we will be unpacking as well later on video Bloomberg as Radio well. We've got our market supporter Valerie Titel with us listening in to all of this as we are watching the press conference unfolding at the Bank of England as well. Valerie, just on that US CPI point as well. I mean, what's the key thing that we need to be watching out for? My eye is gonna be on the month on month print. A lot of there in the chat market is out that the smart consensus is really going for a cool number today. So if we get a number that comes on the screws, we still could see equity markets fall and rates go higher market as the is really thinking we could get even a 0 .2 when it comes to the core month on month CPI print. But you know, a lot of the fall and the year on year numbers were going from 4 percent to an expected 3 .1 percent today on the headline CPI is due to disinflationary base effects. And the reason or the reason and the issues moving forward is a lot of those base effects start to go away. So the worry now is that we see a small acceleration of inflation as we go over the summer. But is it going to be enough to tempt the Fed to perhaps be more hawkish than they have been? You know they just told us recently they're going for two more hikes this year. The market is pricing in a high probability that we will get a 25 base point rate rise in two weeks And Val, just before we go to Andrew Bailey and the press conference about the financial stability report, what's been your big takeaways from what we know so far? The big takeaways is he is giving us some warnings in this report and you have to take that with the grain of salt. This is something they do every six months. So are these warnings already a bit backward looking now that we're looking down the line at possibly a six and a half percent Bank of England terminal rate next year? But he gave in if you believe JP Morgan or higher, right? And then the questions around debt sustainability when it comes to households, when it comes to and government the big question around what happens to this housing market in the UK.

"saudi arabian government" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:46 min | 3 months ago

"saudi arabian government" Discussed on Bloomberg Radio New York

"Coming Allies that Jeremy up Microsoft today Hunt and orders clears Price aid, cuts raised another hurdle to pain NATO fund agrees in The its plans UK's public bid to for inflation sector buy expansion Activision crisis pay and rises could as more last regulators arms and until Elon for regroup. May Ukraine. Musk's next insert year shock Game plan on, the to UK energy market. Those are the stories we're looking at in today's papers and I'm Gerens. Leanne Plus primed for a drop high -end home buyers become increasingly nervous about London's property market. That's all straight ahead on Bloomberg Daybreak Europe on The Digital Radio London Bloomberg 1130 New York Bloomberg 99 .1 Washington DC Bloomberg 1061 Boston Bloomberg 960 San Francisco Sirius XM Channel 119 and around the world on Bloombergradio .com and via the Bloomberg Business App. Good morning from London I'm Caroline Hetka and I'm Lizzie Bird and you're listening to Daybreak Europe live on London DAB radio. Let's start by checking the markets. Treasuries are bouncing ahead of the all -important US inflation report 396 for 10 -year Treasury yields yields down a tenth of one percent and the dollar falls to a three -month low as expected the RBNZ holds key rates at five and a half percent in terms of other markets we're watching Asian stocks are next to Japan falling back the Hang Seng this morning is up by 1 .1 percent the Japanese yen strengthens through 140 European stock futures are up four tenths of one percent now the offshore gaining yuan for also a fifth day in a row those are the markets now to our top stories the average UK hold will be two thousand three hundred pounds worse off by the time inflation eases in May next year that's according to a report by Grant Thornton and retail economics who say the financial squeeze will wipe 65 billion pounds off household spending power the Prime Minister Rishi Sunak insists that getting inflation down remains his top priority the UK is not alone in experiencing a rise in interest rates very similar in America Australia Canada and New Zealand for example the crucial thing that we have to do is bring inflation down that's how we're going to ease the burden on families that's how we're going to stop the increase in interest rates and that's why my first priority is to halve inflation now of course that is proving persistent than people thought speaking to reporters at the NATO summit in Lithuania Sunak also said It's said that the fight against price rises trumps the need for tax cuts. The comments echo those of his Chancellor Jeremy Hunt over the weekend however the stance risks alienating members of his own party who are unhappy Conservative that government a has taken the tax burden to a 70 year high. Now NATO has moved forward with plans to enlarge its defense alliance during a meeting in the Lithuanian capital Vilnius the group firmed up the prospects for Ukraine's future membership and secured a breakthrough Sweden deal that with will complete its northwards. expansion Speaking to Bloomberg's Maria Taddeo at the gathering the UK Foreign Secretary Secretary James Cleverley made clear that he feels it's Moscow's actions that have forced NATO to move. My message to Russia is remove your troops now Russia is Russia the aggressor sent its troops into Ukraine Russian missiles targeting civilian infrastructure civilian Russia centres has been the one that has escalated throughout this And we'll be getting more on that story with Bloomberg's Maria Taddeo who is on the ground at the NATO meeting in Paris. US inflation data out today is likely to be pivotal for Fed officials. The consensus estimate sees headline inflation falling sharply from four to three point one percent. Bloomberg economics expects headline and core CPI to be subdued. JP Morgan's analysts think there's a good chance it comes in cooler than expected though while their trading desk puts an 80 % chance the print in comes below or in line with the forecasts. A cool print could allow the FOMC to pause the cycle hiking after its July meeting. The US Federal Trade Commission is understood to be its plotting next move after a judge ruled against the agency in its case to block the Microsoft Activision division deal. Bloomberg's Doug Krisner has the details. We're told the FTC is leaning toward filing an appeal as as today. soon A federal judge found the FTC did not prove the deal would harm competition for gaming but Robert Landy of the University of Baltimore Law School said, the law only requires the agency to show a deal may substantially lessen competition, not that it will or is likely to. The judge extended an order blocking Microsoft from closing the deal until midnight pacific time on Friday. The FTC an would emergency need to seek stay to extend. The question is whether the appeals court would rule before the deal's deadline on July 18th. In New York I'm Doug Krisner, Bloomberg Daybreak Europe. Well that news from the U .S. comes as the UK competition of markets authority says that it's prepared to evaluate proposals from Microsoft after vetoing the deal in May. The CMA says that it has now agreed to a stay in well the before company's the appeal competition appeal tribunal. Meanwhile Microsoft says a China backed hacking group intent on conducting espionage breached a series of email accounts linked to government agencies in Western Europe. In In a blog post Microsoft said the group that it identified as Storm 0558 was able well. Thanks for watching. month after gaining access to email data from around 25 organizations being alerted by customer reports about abnormal mail activity. Now documents detailing how the biggest merger in golf history came together has attracted the scrutiny of US lawmakers. The US Senate has released documents from officials that show how Live agreed to stop competing against PGA the in exchange for a say in government governance and a share in future media rights. US Senator Richard Blumenthal, the panel's chairman says that transparency is vital. Americans Americans very simply deserve to know what this agreement means for the future of golf as well as for the future of the Saudi Arabian governments investment in sports and other autocratic regimes that may choose to do the same. Meanwhile the deal the PGA made with live golf and the Saudi sovereign wealth fund includes a broad non disparagement clause that Blumenthal argues could prevent criticism of Saudi Arabia. And finally London's property market slump is starting to weigh on even the richest buyers. James Woolcock has more. Rather than sell a house for less many owners are opting not to sell at all. Property researcher Lonrez says transactions are down 20 % compared to this time last year with homes worth more than 5 million pounds being worst hit. It's not just volume deals to happen are taking and longer are more likely to fall through. Foreign buyers are also holding back as they look ahead to a general election and and potential rule changes by any new government. In London James Woolcock Bloomberg Daybreak Europe. Right those are a few of today's top stories for you then. Just in terms of the inflation picture It's really I important think it's to really focus on the US CPI number. The inflation report expected to clear deceleration. I mean just remember you know a year ago we were at 9 % more than 9 % US inflation and now that could well come in to sort of 3 -4 % depending on which forecast you're looking at. It doesn't look as if it's going to derail the Fed when it comes to the next rate hike but it could have significant impact after that. Exactly it's all but certain that the Fed's going to hike

"saudi arabian government" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:05 min | 3 months ago

"saudi arabian government" Discussed on Bloomberg Radio New York

"That somewhere the WHO is able to convince the Indian of government how the pharmaceutical industries are connected to the contamination and at at least there is some very concrete repercussions for the companies involved. once you Once have that then other companies will be more mindful. I spoke to again a couple of days ago and he did mention that the distributors that he's talking into are talking about very wary customers. They are trying really hard to to make make sure that the propylene glycol that they buy is legit. Sweaty, Zach, thanks Thanks so much for speaking with me. Thanks Wes. Thanks for listening to us here at The Big Take. It's a daily podcast from from Bloomberg and iHeartRadio. For more shows from iHeartRadio visit the iHeartRadio app, Apple Podcasts or wherever you listen. And we'd love to hear from you. Email us questions or comments to to do that. The supervising producer of The Big Take is Vicki Vergolina. Our senior producer is Catherine Fink. to do something. Thanks for watching. Thank that original music was composed by Leo Sidrin. I'm Wes Kosova. Stay with us. Today's top stories that these and global business headlines are to us do hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Music This is Bloomberg Daybreak, Middle East and Africa. Our top stories this morning. The dollar falls to the lowest level since February ahead will help shape the Fed's policy trajectory. Activision shares surge as Microsoft moves two steps closer to finalizing its 69 billion dollar bid for the company. Paying for the PIF as it emerges that Saudi Arabia sovereign wealth fund lost about 11 billion dollars on investment activities last year, this global market sank. Meanwhile, the PGA Saudi -lived tie comes -up under fire as the Senate investigation reveals a trove of documents that raise red flags about the biggest merger in golf history. Americans very simply deserve to know what this agreement means for the future of golf as well as for the future of the Saudi Arabian government's investment in sports and other autocratic regimes that was just going to hit him across the Emirates at 6 a .m. in Johannesburg. I'm Manish Kranie in Dubai. And I'm Yusuf Kamenadeen right alongside you. I want to get straight to some of the market action here as we count down to U

"saudi arabian government" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:50 min | 4 months ago

"saudi arabian government" Discussed on Bloomberg Radio New York

"Seaboard New York Police Commissioner Keishon Sewell is going to resign the last Indian journalist in China has been ordered out this is Beijing and New LA eject each other's reporters and North Korea's Kim Jong -un is saying he quote is holding hands firmly with Russian President Vladimir Putin Global News powered by more than 2700 journalists and analysts in over 120 countries in San Francisco I'm Ed Baxter and this is Bloomberg our let's get your sports and Bloomberg Stan Schwartzman all right Danno wow we've waited we were surprised by by Liv and PGA and now Congress could hold it up huh yeah absolutely Ed a review's been opened by the US Senate's permanent subcommittee on investigations on that alliance between the PGA Tour DP World Tour and Liv Goff the chairman of that committee Connecticut Democrat Richard Blumenthal sending a letter to both PGA Tour Commissioner Jay Monaghan and Ella and Liv Goff CEO and Commissioner Greg Norman now it notifies both of them of this review Blumenthal says the merger needs to be reviewed as to the role that the Saudi Arabian government will play in the new entity as some US politicians including Blumenthal have accused the Saudis of quote sports washing their human rights record by spending billions of dollars on sports related projects couple of big stories in European football they keep in France reporting that PSG star killing has Mbappe informed the club in a letter that he will not be picking up his player option after the upcoming season he will not send a new contract to remain at Park de France either and Manchester City manager Pep Guardiola expect to not renew a contract remain at city when his older runs out 2025 at the half it's Miami 51 Denver 44 Nuggets leading the NBA Finals three games to one I'm Dan Schwartzman that's your Bloomberg World Sports update alright Danny thank you well we had

"saudi arabian government" Discussed on Northwest Newsradio

Northwest Newsradio

03:38 min | 4 months ago

"saudi arabian government" Discussed on Northwest Newsradio

"Condolences to the loved F -16s had to scramble from three different air bases and some caused a sonic boom heard by many residents in the area. Americans are going to pay more at the pump this summer the Saudi Arabian government says that it's going to cut oil production this summer which will likely push gas prices higher in the US and to that the switch to summer blend fuel and Refinery cleaning processes and the house oversight chairman is beginning the process to hold FBI director Christopher Wray in contempt of Congress after reviewing a document that claims President Biden was involved in some sort of criminal bribery scheme and being briefed by officials Republican James Comer saying the FBI refused to hand over the Classified record to the house panel. It's 147. There's a new warning for those who use is a very a popular alternative to sugar as Northwest News Radio's Brian Calvert reports this sweetener He hates your gut when it first hit the market advertising told us it was a great alternative to sugar Not only does it have no calories, but the body really isn't able to absorb it. So it just passes through or Does it authorities and manufacturers claim that sucralose is safe to eat some studies have linked it to health problems sucralose Is its scientific name, but you know it best by its name -brand of Splenda dietitian Joe Leach it's made from sugar in a multi -step chemical process where three hydrogen oxygen groups are replaced with Chlorine atoms researchers at North Carolina State University have shared their findings that Splenda does not enter At the body without impact according to these scientists when sucralose hits your stomach several fat soluble Compounds are created including sucralose 6 -acetate in very basic terms sucralose 6 Acetate breaks down the DNA in your cells the study also echoes earlier research that sucralose or Splenda isn't good for overall gut health after 12 weeks rats that consumed the sweetener had significantly reduced levels of beneficial bacteria like bifida bacteria and lactobacilli our dietitian says there were two other concerns with regular Splenda use one is baking with it one study found that heating sucralose with glycerol the backbone of molecules fat produced harmful substances called chloropropanol now these substances are linked to increased risk of cancer and then there are the weight loss claims there are those who feel using sucralose helps them shed pounds a of review randomized controlled trials which the gold standard of research reports that artificial sweeteners reduce body weight weight by around 1 .7 pounds on average quite underwhelming the North Carolina researchers concluded their their work by writing that it's time for the FDA to take another critical look at Splenda and the other sucralose products Dr. Mike Hansen and many of his peers often try to steer patients back to actual sugar especially when it comes to beverages it's best to drink water and if you need your caffeine fix with coffee or tea then ditch the sugar substitutes Brian Calvert Northwest news radio a nationwide shortage of chemotherapy drugs has reached the point that some Washington providers are having to cut doses for patients or change meds details the from Northwest news radio's Carleen Johnson drug shortages of all types have been going on for a decade now but it getting is worse and many life -saving cancer drugs are in extremely short supply a big part of the issue drug makers with low profits on generic medications are in no hurry to increase supply Dr. Andrew Schuman is a cancer surgeon and chief of medical ethics at the University of Michigan Medical School. He spoke with CBS news after testifying before a US senate committee last month. In many cases there are alternative drugs available but

"saudi arabian government" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:30 min | 8 months ago

"saudi arabian government" Discussed on Bloomberg Radio New York

"An interest in things. Like what's going on at the border, high prescription drug prices, but I've seen polls that have showed that it doesn't seem like that many Americans are actually interested. In some of the things like Hunter Biden's laptop. Yeah, well, look, I think what's going to drive our investigation, what is driving our investigation are what the whistleblowers are coming in telling us. We made a target in very people supposed to serve. So I think our investigation is going to be driven by the FBI agents who've taken whistleblower status and come talk to our committee. We've now interviewed two of them in a transcribed interview. Our third one happens later this week. They are telling us things that are not supposed to happen. They're talking about the political nature of this department. We'll leave the law and that doesn't seem to be what's happening. We see example after example that, you see that. Congressman, I'm so sorry, congressman, it sounds like we've lost you a little bit. Well, there was congressman Jim Jordan. Unfortunately, before we lost him, very interesting conversation just really covering the range of what he is doing as the chair of the House judiciary committee, just so many different things that he is looking into there. I wanted to bring back our panel Bloomberg politics contributor Genie shiono and John Hart, cofounder of C three solutions. I mean, I just wanted to ask you guys a Genie in particular. I mean, what is your sense as far as how many Americans are really watching everything with Hunter Biden with bated breath? Is there a sense that this could really wind up shaping that a lot of Americans are going to be paying attention? Or is this something where it's just not a priority? Because it's not a kitchen table issue. Yeah, I mean, I think you hit the nail on the head when you talked about those polls, Emily. It's really not a kitchen table issue. It's not something that Americans are going to focus on. They will focus on the border. I think that's important. The first issue you talked about, that is important to Americans we see that in the polls, the latest pew poll showed concern about defending our country, security is number three after healthcare in the economy, so that is something, but in terms of Hunter Biden's laptop, or if you flip the focus and say this investigation a lot of talk in the media lately of the money that Jared Kushner and the president received from say the Saudi Arabian government, that is stuff that I think Americans not all Americans are going to focus on because it doesn't concern them directly. I do think if they were to expand it and talk about ways to have ethics reform or something along those lines that crossed crossed both parties, it might have more interest, but still it's not a kitchen table issue that people are going to vote on in the next election. John, I want to get your perspective on this too. I've been if you see the judiciary committee as well as some of these other committees like oversight really focus on these topics that could be directly related to Biden and detrimental to him, could that have an impact on Biden, should he decide to run in 2024? Well, it could, but frankly, I'm skeptical. I think as you're question pointed out accurately, is that these are not from burger issues. And what people are focused on right now is inflation, the cost of food, the cost of gas. I think the energy policy is a much more potent issue to talk about, where the GOP, I think, has a comparative advantage in terms of actual solutions and policy. The issues of the debt limit, we touched on before those are the issues that I think are going to drive people into the Republican camp. And border security as well. I mean, I think the border and immigration is an open wound in American politics. And I think it's especially true when I think the sooner people are people of good faith on both sides come together and realize we've got to have a coherent immigration policy. I think that will be a tremendously helpful thing for our country long-term. And John, I did want to ask you more about immigration because you're right. That is an issue that a lot of Americans tend to care about certainly plenty of folks who do feel like they are directly impacted by it. I mean, when it comes to addressing some of these issues that we've seen, both at the border as well as with just the process to legally immigrate to the United States. Is that something that getting rid of Alejandro mayorkas is going to fix? Or is this something that's going to actually require sort of a deeper dive into the nuts and bolts of our immigration system? Well, look, I'm frankly pretty sympathetic to Jim Jordan's concerns with my office. I think he's not he's not the finest that governed official we have. So I do think I do think changing personnel can have a big impact on policy. You know, the old saving of personnel is policy. There's a lot of truth in that. But there are deeper systemic issues happening within immigration. And they've been in place for a long time, where by former boss coburn, strong on border security. But he was in the Senate during a lot of the so called gangs that will come together trying to come up with an immigration reform plan that was extremely difficult to do. And in fact, the mishandling of immigration by the Bush administration is one reason why we saw the rise of Trump with the GOP. So I think Reagan had it right. When we talked about The Shining city on a hill and that the city had walls, but it had doors that were open with people with the will and heart to come here legally. And that is, it's not rocket science to strike that balance between Law & Order and compassion and being a recognizing that we're a nation of immigrants. But those voices have to be more assertive in the debate. But Democrats, there are too many Democrats that capitalize on the politics of division within integration. And they could do a lot to reach across the aisle and a power people who yes prioritize border security, but also understand that we have to have a legal system that gives us addresses the labor shortages we have. All of the economy, particularly in agriculture, where there is a very nuanced complicated debate within the GOP about how do we make sure we need labor shortages and lower food prices, by the way, by having enough people working in those sectors to benefit the entire economy. And those are solutions that are out there, but it requires people to have the political courage to

Hunter Biden congressman Jim Jordan House judiciary committee Genie shiono Jared Kushner Saudi Arabian government John Hart Biden FBI Alejandro mayorkas Emily judiciary committee GOP John boss coburn Jim Jordan United States Bush administration Trump Senate
"saudi arabian government" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:43 min | 9 months ago

"saudi arabian government" Discussed on Bloomberg Radio New York

"Tried to calm fears of some Ukrainians that the Republicans now in charge of the house would cut war funding. Kevin McCarthy said no blank checks. That makes sense to me. We're not asking for a blank check. I'm not. I'm asking for military aid to accomplish the purpose of driving Russian invaders out of Ukraine. Graham is in key along with Democrats Richard blumenthal of Connecticut and Sheldon whitehouse of Rhode Island. 5 Memphis police officers are being fired after a traffic stop last month led to the death of a young black man, police chief CJ Davis said an investigation into the incident found the officers violated multiple policies, including use of excessive force during the stop that led to the death of Tyree Nichols. Live golf CEO Greg Norman says he thinks the Saudi Arabian government has learned from their mistakes in reference to human rights violations, including the murder of journalist Jamal Khashoggi, Norman made the comments in an interview with news nations Dan Abrams earlier this week. The playing field is starting to take shape in the race to see who might be California's next U.S. senator John Brunei has more current officeholder dianne Feinstein has not yet declared her intentions, but prominent Democrats are lining up to throw their hats into the ring. U.S. representative Katie Porter is a darling of the young progressive wing of the party, she announced her run last week insiders expect representatives Adam Schiff and Barbara Lee to follow suit at 89 Feinstein is the oldest setting senator. Former astronaut Buzz Aldrin is over the moon with some exciting news. The oldest living moonwalker celebrated his 93rd birthday on Friday and announced he finally decided to marry his longtime love, doctor Anka Fowler. The pair tied the knot in a small private ceremony in Los Angeles before Aldrin was honored by living legends of aviation. I'm Brian shook. A day after Microsoft announced it would lay off nearly 5% of its workforce, the parent company of Google is announcing job cuts. Rory O'Neill reports Google's parent company, alphabet says it will lay off 12,000 employees or about 6% of its global workforce. This comes months after other tech companies announced their own cutbacks. Amazon downsizing by 18,000 meta, the parent of Facebook and Instagram cutting 11,000 jobs. The company say their ranks swelled too much during the pandemic and leaders want to pare down the workforce as they prepare for an economic slowdown. I'm Rory O'Neill. The TSA is investigating a potential cybersecurity incident, a hacker claims to have accessed an older version of the agency's no fly list in a blog post, the hacker said she discovered the list on an unsecured server hosted by the Ohio based regional airline commute air. The airline said it took the server offline once it had been alerted by who they described as a member of the security research community. More light here on earth is making it harder to see stars in the sky. Michael kasner explains, the reason is brightness from artificial lighting that's been increasing for the past 12 years as scientists with the German research center of geosciences told the BBC our naked eye view of the stars is disappearing. Researchers say so called sky brightness has gotten 10% brighter every year since 2011. That means a child born in an area where 250 stars were visible would probably see fewer than 100 stars in the same area 18 years later. I'm Michael kassner. Ohio is home to the most elderly pooch on the globe. Guinness World Records has named spike a chihuahua mix who lives west of Dayton as the oldest dog alive, spike was born in November of 1999, meaning he was more than 23 years and 7 days old when the record was verified last month. I'm Brian shook. And now this Bloomberg sports update. We begin on the hardwood, where the Knicks entered Friday's game in Atlanta in an evenly matched affair, and they got work defensively in a one 39 one 24 loss. Julius Randle had a game high 32, all 5 Nick starters reached double figures. They had 6 players in all one off the bench, New York currently tied for 6 feet with Miami. Nancy, meanwhile, they were in the mile high to battle the surprising Utah Jazz who underwent a major overhaul this off season. Nets prevailed one 17 one O 6 despite trailing at halftime. Quite a night for Kyrie Irving, he had 48 points, 24 from deep. That's on the four seed. They're a game behind the sixers and bucks, but a game up on the Cavaliers. College hoops, Big E's play. St.

Rory O'Neill CJ Davis Tyree Nichols Saudi Arabian government Jamal Khashoggi Brian shook senator John Brunei Katie Porter moonwalker Kevin McCarthy Sheldon whitehouse Anka Fowler Richard blumenthal Dan Abrams Greg Norman Adam Schiff dianne Feinstein Barbara Lee
"saudi arabian government" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:00 min | 9 months ago

"saudi arabian government" Discussed on Bloomberg Radio New York

"Economist worries there will be another COVID-19 type of crisis. The odds in my view are better than 50 50, that there will be a COVID scale problem within the next 15 years. That's former treasury secretary Larry summers, the Harvard professor made the comment while discussing the biggest short term risks during a panel discussion as the World Economic Forum wrapped up in Davos Switzerland. Multiple Colorado police officers and paramedics are pleading not guilty in the killing of Elijah McLean. McLean a black man died in police custody in 2019 after he was put in a chokehold and given ketamine while handcuffed. Live golf CEO Greg Norman says he thinks the Saudi Arabian government has learned from their mistakes in reference to human rights violations, including the murder of journalist Jamal Khashoggi, Norman made the comments in an interview with news nations Dan Abrams earlier this week. I'm Brian shook. And I'm Charlie pellet. At Bloomberg world headquarters and on Friday on Wall Street with the S&P 500 Index advancing for the first time in four days with all 11 sectors gaining, but what about the economic outlook how might that influence the market going forward? Sam stovall is chief investment strategist at CFR. Certainly the macro environment is such that we recently reduced our GDP growth estimates for fourth quarter of 22 and through the first half of 23. Sam stoll of CFR as for the earnings outlook. Even deaf at his chief investment officer at manetta group investments. They're pretty clever. They're taking a leaf out of the fed's book in terms of really getting expectations managed. And then they can surprise on the upside. So that's what we're seeing around earnings. Even debit with monetta. Among the day's economic data, home sales extended their slide in December, capping one of the housing markets worst years on record, amid a jump in mortgage rates. Skyler Olson is chief economist at Zillow and on Bloomberg television this morning she was asked about the year ahead. So things are definitely slow. This is going to be a much more quiet year where down in new listening is coming to the market every month. We're still that rate of new listings dropping to the market each month, still suffers from interest rate lock in. You're looking at around 18%, lower than what was normal pre-pandemic. So still soft year. Absolutely stopped here, but good signs coming forward. Skyler Olson of Zillow, one of today's stock standouts was Netflix up 8 and a half percent after adding more subscribers than expected in the final quarter of 2022, ET is a meter analyst with Bloomberg intelligence and she says Netflix is unique among streamers. Netflix is the only company here that's actually making money. They generated about $5.6 billion last year in profits while the rest of the streamers made about ten to $11 billion in losses. It's going to be a similar situation again this year. But what we're seeing Netflix really do so effectively is not just pair that content budget, but also go after non content costs. So whether it's marketing, whether it's technology and development, whether it's other operating expenses, there really, we're kind of seeing real leverage there. And that is something where Disney now really needs to execute Warner Brothers discovery really needs to execute. Of Bloomberg intelligence. Netflix today up 8 and a half percent, Disney was up 4.4%, Warner Brothers discovery also up by 4.4%. We checked the markets all day long at Bloomberg, the S&P was up 73 points up 1.9% the Dow up 330 up 1% NASDAQ up 288 up by 2.7%. Global news 24 hours a day on air and on Bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. I'm Charlie palette. This is Bloomberg. Bloomberg radio on

Skyler Olson Elijah McLean Saudi Arabian government Jamal Khashoggi Brian shook Charlie pellet Bloomberg world headquarters Sam stovall Sam stoll manetta group investments Netflix Larry summers monetta Dan Abrams World Economic Forum Greg Norman Davos Zillow McLean Bloomberg
"saudi arabian government" Discussed on SI Boxing with Chris Mannix

SI Boxing with Chris Mannix

05:19 min | 9 months ago

"saudi arabian government" Discussed on SI Boxing with Chris Mannix

"Deontay Wilder, he's not going to have a problem for France and nagano. Big MMA puncher. I'll give him that, but I've watched some of his stuff. He gases out after a call around. You know, he's wild with his shots. If you're in toys or with him. In my opinion, that to me feels inevitable. Like if fury can beat us in the spring summertime in the UK, France is the God who sell out Wembley Stadium, make a boatload of money and have an easy night's work. Well, who's putting up the money and why? Oh, the Saudi Arabian government is a common round. I guess, but I don't think there's any more we can get this in it, Chris, there would be. But you're talking about my guess is Francis and Ghana is not doing this because he wants to make around the same amount of money he could have made to stay in UFC. He wants to make much more. Yeah, like I think there isn't that money there. I think whatever gate you get at a Wembley plus pay per view plus international rights. Like this probably 10 million in for France and nagano and 30 million in it for Tyson Fury and Tyson Fury is not going to get touched in a situation like he's just not. We've seen this too many times with UFC guys.

Deontay Wilder nagano France Saudi Arabian government Wembley Stadium Tyson Fury UK Ghana Francis Chris
"saudi arabian government" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:06 min | 1 year ago

"saudi arabian government" Discussed on Bloomberg Radio New York

"She covers the Federal Trade Commission. Leah, thanks for being here. Let's start off by just telling us who this whistleblower is. Yeah, so Peter is that co was the head of cybersecurity for Twitter. He was brought in about 2020 after there was another hack of Twitter's system, and he was there until January when he was fired by the Twitter CEO allegedly for performance issues. He filed a whistleblower complaint with the Federal Trade Commission, the Justice Department, and the Securities and Exchange Commission. That whistleblower complaint was also sent to members of Congress. And so the allegations here are said not only to put user data at risk, but also perhaps national security. Can you tell us about what allegations are actually in the whistleblower complaint? There's a lot of them. So there are several allegations about bots, the number of bots that Twitter says it has on its platform versus what it internally thinks are on the system. This is an issue, of course, in Elon Musk's potential takeover of Twitter and the lawsuit that is now pending up in Delaware that's going to trial in October. The other big issue is that Twitter has been under order with the Federal Trade Commission over at cybersecurity practices since 2011. There was a hack back in 2009 that the FTC investigated and then they reached a settlement with Twitter then. And put them under order. So they are supposed to be reporting to the FTC things on their privacy and data security for 20 years. He says that Twitter has not accurately been portraying things about its privacy and data security to federal regulators, and that they have been in violation of this consent decree. This would not actually be the first time that Twitter had violated the consent decree, it has already paid a $150 million to the Federal Trade Commission for taking user phone numbers that users had uploaded for security purposes and using them for targeted advertising. What has been the reaction to this complaint? What are lawmakers saying about it? What, if anything, are the agency saying about it? The agencies are being pretty mom about it right now. They usually don't disclose if they are investigating something. But almost always, when a complaint of this nature would be submitted to the FTC or even the DoJ, what at least look at it, particularly from someone of this level at the company. Congress, however, has been very vocal about their concerns. You know, most members of Congress actually use Twitter. So there is a little bit of concern about their own accounts. There is also a lot of concern given that the Justice Department just convicted a former Toyota employee of using his access at the company to spy on behalf of the Saudi Arabian government on dissidents. And those were some of the national security concerns that Zach co talked about in his complaint. He suggested that the Indian government had been doing something similar about those who oppose the current regime. He also raised some concerns about Russia and China. China's access to the platform. Earlier you mentioned the $44 billion

Federal Trade Commission Twitter Justice Department Leah Elon Musk Securities and Exchange Commis Congress Peter Delaware DoJ Saudi Arabian government Zach co Toyota Indian government China Russia
"saudi arabian government" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:19 min | 1 year ago

"saudi arabian government" Discussed on Bloomberg Radio New York

"Twitter shares tumbling on Tuesday. With us to talk about it is Bloomberg news reporter Leon island she covers the Federal Trade Commission. Leah, thanks for being here. Let's start off by just telling us who this whistleblower is. Yeah, so Peter is that co was the head of cybersecurity for Twitter. He was brought in about 2020 after there was another hack of Twitter's system. And he was there until January when he was fired by the Twitter CEO allegedly for performance issues. He filed a whistleblower complaint with the Federal Trade Commission, the Justice Department, and the Securities and Exchange Commission. That whistleblower complaint was also sent to members of Congress. And so the allegations here are said not only to put user data at risk, but also perhaps national security. Can you tell us about what allegations are actually in the whistleblower complaint? There's a lot of them. So there are several allegations about bots, the number of bots that Twitter says it has on its platform versus what it internally thinks are on the system. This is an issue, of course, in Elon Musk's potential takeover of Twitter and the lawsuit that is now pending up in Delaware that's going to trial in October. The other big issue is that Twitter has been under order with the Federal Trade Commission over at cybersecurity practices since 2011. There was a hack back in 2009 that the FTC investigated and then they reached a settlement with Twitter then. And put them under order. So they are supposed to be reporting to the FTC things on their privacy and data security for 20 years. He says that Twitter has not accurately been portraying things about its privacy and data security to federal regulators, and that they have been in violation of this consent decree. This would not actually be the first time that Twitter had violated the consent decree, it has already paid a $150 million to the Federal Trade Commission for taking user phone numbers that users had uploaded for security purposes and using them for targeted advertising. What has been the reaction to this complaint? What are lawmakers saying about it? What if anything are the agency saying about it? The agencies are being pretty mom about it right now. They usually don't disclose if they are investigating something. But almost always, when a complaint of this nature would be submitted to the FTC or even the DoJ, would at least look at it particularly from someone of this level at the company. Congress, however, has been very vocal about their concerns. Most members of Congress actually use Twitter. So there is a little bit of concern about their own accounts. There is also a lot of concern given that the Justice Department just convicted a former Twitter employee of using his access at the company to spy on behalf of the Saudi Arabian government on dissidents. And those were some of the sort of national security concerns that Zach talked about in his complaint. He suggested that the Indian government had been doing something similar about those who sort of oppose the current regime. He also raised some concerns about Russia and China. China's access to the platform. Earlier, you mentioned the $44 billion deal between Twitter and Elon Musk. This has been going back and forth for quite a while now. Can you tell us how the allegations in there could affect this legal fight? Yes. So one of the big issues in Musk's legal fight has to do with the number of bots on Twitter's platform. These are computer created accounts and obviously advertisers don't really want to be paying for their ads to be shown to computers. They want to be pay for their ads to be shown to people. So mosque has alleged that the number of bots on the platform is actually much higher than what Twitter has disclosed publicly. Twitter says that they believe it's about less than 5% of they have a funny metric for it, but about 5% of active accounts. And Zac co says that actually, it's probably higher than that. And that Twitter has been sort of fudging the numbers a little bit internally so that they don't have to come up with a very clear metric for the number of bots. That would obviously help Musk's complaint in Delaware since he is trying to walk away from this deal for Twitter because of allegations that they didn't give him enough information to accurately estimate the number of bots. And so immediately after this complaint became public, he started posting on Twitter about how this helped him. There was a meme he posted of jiminy cricket from Pinocchio. And so obviously his lawyers and he were pretty happy about this disclosure. The meme referenced whistling if I recall. Yes. So step back for a second, obviously these are allegations and so we don't know the extent to which they are true, but how big of a problem is this for Twitter. It certainly seems as though it's a multifaceted issue for them that they're going to have to deal with on several fronts. Yeah, this is what's interesting is compared to the other tech companies, Twitter hasn't had as much difficulty in Washington. Yes, they have had these investigations by the FTC over security practices in 2011, and then more recently, the one over phone numbers. But they haven't nearly had as much difficulties as like Google, which is facing about 5 different antitrust investigations or Facebook, which has also facing several antitrust investigations. Jack Dorsey has testified the former Twitter CEO, has testified on the hill, but not nearly as many times as, for example, Mark Zuckerberg has been dragged up there. But this is definitely the biggest whistleblower complaint that Twitter has faced and sort of regulatory issues that Twitter has faced in Washington yet. And the fact that it is very multifaceted that it involves user privacy and security, it involves national security, it involves potentially lying to advertisers. It runs the gamut. And Twitter, as I said, has not generally dealt with as big problems like this in the past. What has been Twitter's response so far have they said anything about the allegations? They've mostly said, you know, he was fired for performance issues in January, so please take a grain of salt of anything he's saying. And, you know, they have categorically denied some of his allegations. They say that they particularly have pushed back on the allegations about bots and have said that they don't think that his allegations are accurate, and that they intend to contest some of them. What happens next with this or do we know what happens next? Well, obviously the trial involving Elon Musk is coming up in October. Some of this will definitely get aired there. The FTC, as I said, is not probably not going to confirm that it's looking into this. It sometimes does confirm in what they consider major cases. So for example, it confirmed in the Cambridge Analytica case that it was looking at Facebook just because that was of such intense public interest. But they would be looking at this complaint and possibly bringing Twitter into explain why they think that this does not violate the consent to create that they've been known for over a decade. And then probably a lot of members of Congress have already said that they want to hear from the whistleblower personally. So we may see a bunch of congressional

Twitter FTC Leon island Elon Musk Justice Department Congress Saudi Arabian government Bloomberg news Delaware Musk Zac co Securities and Exchange Commis Leah DoJ China Indian government Peter
"saudi arabian government" Discussed on 77WABC Radio

77WABC Radio

08:34 min | 2 years ago

"saudi arabian government" Discussed on 77WABC Radio

"From Bill O Reilly about Bruce Springsteen. We ought to play some Bruce Springsteen. I'm on fire. Our next guest is here every Tuesday morning at this time. He is a great actor. It's great. I'm not even kidding. You just saw mob town last week. Him and Danny A but from Goodfellas to the Irishman Wolf. For Wall Street, You name it. He's tremendous morning graves. And that's right. Thank you for that. But More importantly, a big time cop in this city for nearly three decades of heroic cop and, most importantly, the brand of Bernie and said for the better part of 30 years here he is the great boat deal. Good morning, Bo. How are you? Good. Good morning, And I want to thank you guys again last week, putting Bob Martin on What? His book there. 9 11. Remember, 20 years later, he got a tremendous response. And he's one hell of a guy and and you know some stories in that book again. We gotta we can't forget. 9 11 where there is a, uh well. She's now a three star cheap of the police department and, uh, how she was such a hero. And a lot of people don't realize that there were a lot of heroes that day that lived and certainly a lot of heroes that died and after we after we did that show I went out to Nick Apologies house with Bob Martin. Nicholas is the famous screenwriter and we had dinner. I made some macaroni with some pork sauce that I cooked, and we had a dinner with my girl ball. And we were talking about some stuff, and I didn't realize there's a Huludao miniseries on it's called the Looming Cowards to 1018, who's in his Jeff Daniels out Baldwin. It's the real story behind the 9 11 attacks. What happened prior leading up and Jeff Daniels plays John O'Neill. I recommend this. It's a six part miniseries about the attacks in Africa with the embassies. They had this information, and it shows you the friction of the non compliance between the CIA. And the FBI and we we knew this was coming. They knew it was coming. They had people that would say it's staying in California. Some of the actual hijack is In California that was staying with people from the embassy. And here's the big question. Why would a studies and I'm going to ask this? Fredo and I'm recalling Fredo? Bush. Why would they allowed to take planes out of the United States of America and escape the raft of what they did? Because these planes were able to take off when there was no flying. There was no flying zone. But yet the Saudi Arabian government officials and others were able to leave the United States after 9 11. That's a big question. I'd like to find out and it came right from Fredo Bushes office. Why they were allowed to leave, and I got that question. And I really It really bothers me because I've been to Saudi Arabia many times as you all know it and you know what happens there in Saudi Arabia has just always been swept under rug for one reason, questions, one thing money, and that's what it's all about. Another thing just a declassified those documents that the revealed what you pointed out both data, which is that the two of the hijackers stayed. At the Saudi Arabian diplomat to the United States residents. Two of the hijackers stayed at the at the diplomats, residents and Bush knew that everybody knew that and it's been hidden for all these years. US valid question, so maybe Bush should just shut up. Right? I mean, Fredo. I call them Fredo. And I got a call from his uncle once because I know the great George Bush. The father. He was the real American hero. George Bush the father. Then when Fredo got elected, I called him Fredo on our shows. When we did the show, I got a call from the bushes or you can't call, afraid. All I said these expressions that he makes. He looks like Prado, which I didn't know which way to go. And I got a lot of heat on that. But you know what? I'll call him Fredo again. Okay? And then and then. What would suddenly I saw? This guy called the mechanic desire as a worry. The guy with the glasses that needs a good punch in the face. He was the one that was next to bin Laden. Now all of a sudden, we thought we whacked them and he pops up again. It just it just aggravates me. But I do recommend this miniseries when you watch what we know. And when we know it, and it was all coming and they could have prevented 9 11 and even they talked about this other plan. Remember, Remember Bernie 1000 years of revenge. By Peter Lance. That book I bought it on The show, I think was 2000 to 2000 and three Do Remember God, and they had a lead up with John O'Neill. All the facts were in there all of facts about as far as them want to take planes out down, blowing up over the Pacific. Then they changed their plot. When they said, Well, why would we blow them up over the water? We could get more collateral damage by using the planes and killed innocent people on the ground when those towers came down, So this is all pre planned, and it was all out there and again. The hula miniseries. I can't recommend it more the looming tower. Watch it and you'll see what really happened. So let's let's get right to this guy. Anthony Blinken was watching. Uh, last night on Fox. I watched talk up with this moron there. We got to remember. It's not just today's moron. He's the moron with the Taliban prisoners that killed American soldiers. We released them not running the government of Afghanistan. This is the same moron with the Benghazi. When are American growth dying? And they needed help? This is the same more on that ran that operation. This is a total incompetence. Idiot. I guess he belongs right where he is with the other big moron in chief President Biden. So I guess they those who flock together love each other. You know all these guys him Sullivan, Austin? No, all of them, Millie. All these creeps, they all they were all clowns before Nunes and even America hated I'll go through so far as to say that Because maybe maybe they're not so stupid. Maybe Maybe some of this is intentional. I'm not so sure. Yeah, and I've been thinking a lot about this and you know, said Bernie, I've been thinking a lot about what's going on. Now, with this releasing of all these Afghanistan's We have no idea who they are. What an intricate, beautiful way to bring a subversive attack to America set these people, United States. And then they can set off attacks. Believe me, and I don't want to scare your audience. I will guarantee not make believe guarantee there will be attacks on our soil. Within the next year, there will be attacks again. We have no intelligence in Afghanistan. Now. This was a total moronic way of ending. A. It was that actually saw Chad Wolf on television. A couple of days ago, he used to run the DHS. I talked about this. Last week. Paul and Bernie He said that between the southern border and these folks coming in from Afghanistan, it is virtually impossible. They don't have the manpower to vet these people. So you have now two different ways of really bad people of getting into the country and by his own admission, the man that ran the D eight the DHS, he says. We have no way of stopping it to be honest. And then if you know the mindset of these psychopathic religious idiots, and that's what I have to call them because I believe in good Muslim people. But these are people that are bent on one thing. They want to die for this reason to go meet the 72 virgins and be a soldier of our They're willing to die when you got people that are willing to die. Very, very difficult to stop because you know one thing. You can't stop them. You don't know what they're gonna hit. And now our intelligence is such a failure. And I'm calling upon Eric Adams. Right now. Every ghadames, you gotta keep one person in place John Miller. Are counted. Love him. If you get rid of him, Eric, you're getting ready. Rid of one of the most intelligent counterterrorism guys..

Anthony Blinken Paul John O'Neill Peter Lance bin Laden Eric Adams John Miller California CIA Bill O Reilly FBI United States of America Bob Martin Bruce Springsteen Saudi Arabia George Bush Eric Africa Fredo Bush
"saudi arabian government" Discussed on KFI AM 640

KFI AM 640

04:25 min | 2 years ago

"saudi arabian government" Discussed on KFI AM 640

"Of the 9 11 attacks, the anniversary of which is coming up. This Saturday. 20 years, Biden Is going to go to all three places where the attacks occurred. New York City who go to the Pentagon who are going to Shanksville, Pennsylvania. But the other story that's been percolating for a while. Just last week. Biden did issue an executive order. They're declassifying a bunch of documents related to the 9 11 attacks. There was a number of family members of the victims of the 9 11 attacks, who said they didn't want Biden to come to any of these commemorations unless he released these documents. And this is all dealing with Saudi Arabia. God we talked about this years ago. I remember it whether or not they helped in any way. Well, yeah, they did. 15 out of the 19. Where's Saudis? The government? They're asking all the governments in intimately involved in these things. We just need their oil so badly. We never pressured them. Well, I mean, you can make the argument that these guys belonged to Al Qaeda. They weren't really Saudi citizens. They were just acting. They were born there, but But there are really just terrorist rogues. Yeah, but bin Laden was from a very affluent, influential family in Saudi Arabia. It's a pretty tight society there. I think specifically, this story centers around those hijackers who lived in the San Diego area. Remember that story? Yeah, There was a lot of weird things about that pair. Who eventually got on the planes that attacked that day. And what kind of local assistance they got when they were in California because again, they probably never been here before they came here to carry out this heinous attack, and they need to kind of know their way around. So the belief is it. Somebody in California who may have been connected to the Saudi Arabian government gave them some kind of assistance. That's kind of where this story was. Didn't one of these guys, I'm going through? The hazy, foggy memory didn't need belong to a mosque in Culver City. Something like that. Maybe I don't remember. I just remember the two guys and I can't remember their names now, but, uh, they they think they went to a San Diego mosque to Yeah. Yes, there was definitely a San Diego. Uh, connection there. I mean, the assistance could be in many forms, just, you know, showing them a place to live. Is it, but the same is trying to figure out helping them navigate their plan itself. You know how to get the information they needed to carry out here it is they released 28 pages. About 9 11 Back in. 2016 Got an old story from Channel two here in L. A possible link between hijackers and a Culver City mosque questioned in latest document release, Okay. And the hijackers were Khalid al Midhar and Nawaf Alhazmi. That's right. They were in contact with the Saudi diplomat named Shaykh Al to marry. Was connected to the Saudi consulate in Los Angeles as an imam at the King for hard mosque in Culver City. Right, and the mosque is reportedly attended by members of the Saudi consulate in L. A widely recognized for its anti Western views. Yes. And of course, their position would be well. They were just still settling in the U. S. We just wanted to be there to help them settle. But remember, we don't know anything about a plan to fly planes into buildings course Yet. Nobody's gonna admit to anything. No, no. Whatever admits to anything but what? I remember reading that at the very least, a lot of people in the Saudi government, you know that extended families. What do they have? Hundreds of princes? Yeah, is some of the guys Some of the people in the family were very anti. Some of them loved living here, and they've lived in the L. A area for years, and others were, uh, Because of the religious beliefs were just horrified by the American way of life and our value system. And, you know, some family members just look the other way. They knew bad things were happening and they didn't care. Alright When we come back, we'll be in a recall desk. It's the MIC Bonnin Recall desk. There is some news on efforts to collect signatures to oust him from the City Council office. Coming up next John and Ken Show and Deborah Marquez News KF I am 6 40 more than 1000 Arcade.

John Nawaf Alhazmi bin Laden Deborah Marquez San Diego California 28 pages Khalid al Midhar Shaykh Al Al Qaeda Culver City Biden New York City last week Ken Show Los Angeles 20 years two guys 9 11 attacks Hundreds of princes
"saudi arabian government" Discussed on Unofficial Partner Podcast

Unofficial Partner Podcast

03:07 min | 2 years ago

"saudi arabian government" Discussed on Unofficial Partner Podcast

"That that's again by design. It's very much designed now. But it's something harry's is now. The world's attention moved of hours in subs of majors. Four in many ways over the next two years. It's going to be a golden decade for paris. Remember that really used to talk long decade far generation. Listen i think we're pretty much anyone in any final comments. Simon anything to add that you haven't already one or two final things Had to go back to to to what tim said. I i don't think walk. Catheter is doing the same as what dubai date. I think it's similar but different and of course you go then got top abu dhabi which i think case. I'm similar but different to what catheter is doing. 'cause then introduced saudi arabia until all of this and i'm thinking particularly of of airlines because we we we hear that saudi arabia the saudi arabian government as seeking to stop on you airline saudia has been around for decades apart from a williams sponsorship. Nine hundred seventy s. i think Williams f one sponsorship has been particularly prominent especially outward-looking either. So it's going to be very interesting to see what will airline might plan the extent to which they follow the same game plan is eddie Hours emirates will. They're also building full city of so that building could years. Uh city. They're investing heavily into their that. Their domestic football need that Issues around to go by newcastle united. The by another club at cetera et cetera. So i think that whole gulf region really really interesting times ahead and we could probably have this conversation again in two years time once. We know a little bit more about what saudi arabia is. trying to. Okay i've got a quote here karen maguire. That is the price of all. He's said you know to get seven percent on a sixty quid shirt which works out. Four pound twenty per unit cost of rinaldo twelve million transfer fee minimum wages of twenty million years. Total fifty-two million over two years. The club would have to sell two point. Four million edition shirts to pay for his recruitment. I think probably this backs out what tim was saying. In the initial an initial statement. Yeah so where. We sort of nudged a bit closer. The next great transfer will be cain to somewhere he doesn't bring the same cultural or motherlode that renowned a messy. Really follow him to her every richard. I'm not no. I make a point of not doing legacy fan. Well listen daniel. Thanks very much for your time. Thank you so much. Thank you thank you..

saudi arabia saudi arabian government eddie Hours saudia abu dhabi harry tim karen maguire Simon paris dubai newcastle united williams Williams football cain richard daniel
"saudi arabian government" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:05 min | 2 years ago

"saudi arabian government" Discussed on Bloomberg Radio New York

"The CDC has cautioned the unvaccinated against traveling over a long holiday weekend. A tropical disturbance is heading into the Gulf of Mexico and could reach Louisiana by next week. That's what hurricane forecasters are predicting the system has a 30% chance of developing into a tropical depression in the next five days. If it does reach tropical storm strength, it will be named Mindy. Forecasters at the National Weather Service say it's too soon to be able to tell how much of a threat the system could be the Louisiana or other Gulf states, But it could bring heavy rains to the Gulf Coast, even if it doesn't fully develop into a hurricane. President Biden is ordering a review of classified documents related to the 9 11 terrorist attacks. Lisa Taylor has more as the 20th anniversary of 9 11 looms. Biden says he's honoring a commitment to ensuring transparency about the attacks. Thousands of classified documents involve the FBI's investigation of that day. Some 9 11 families hope will shed light on suspected ties between the hijackers in the Saudi Arabian government. I'm Lisa Taylor, The president and first lady are marking the 20th anniversary of the attacks with plans to visit all three sites where the attacks occurred. They will start in New York City, then hit the Shanksville, Pennsylvania, and finally the Pentagon in Washington, D C. Firefighters are breathing a small sigh of relief after Cruz had a monumental day fighting the Cal door fire. Better weather contributed to the substantial progress made by Cruz in both California and Nevada. And according to West Zone Operational Chief Tim Earnest, he said the incident continues to look better and better every day. The fire sought smallest growth since it ignited three weeks ago. Growing just 800 acres. Containment has increased to 37% evacuees are returning in droves to homes as evacuation orders are being reduced to warnings. I'm Chris Caravaggio, North Dakota has more DUI arrests per capita than any other U. S. State this, according to state officials, who say that the most recent figures show that North Dakota earned a d U I severity score of 92.1. Out of 100, Wyoming, Montana, South Dakota and Texas, reportedly round out the bottom five. In the survey, which draws its data from both the FBI and the National Highway. Traffic Safety, Administration officials say Utah recorded the lowest number of DUI arrests per capita in the survey. Police in New York say a parent called them after their child was one of six long Island middle school students removed from class for not wearing a mask on the first day of school. Paul de Castro has the story. The six students and isolate middle school were moved to the gym and watched by a security guard on Thursday morning after not complying with the mask rule. Isil of Superintendent Dennis O. Harris said the students arrived at the school without proper face coverings, which he noted was a violation of a mandate issued last week. The New York State Department of Health, the school district said. No Children at the Middle School went massless on Friday, but one student at the high school refused to wear a mask. Country music icon Loretta Lynn is raising money for flood relief in Middle Tennessee. Loretta Lynn's friends. Hometown Rising is a benefit set for September 13th at the Grand Old Opry among those set to perform or Garth Brooks,.

Loretta Lynn Paul de Castro New York City FBI Lisa Taylor New York Thursday morning Garth Brooks Louisiana Chris Caravaggio Biden Friday Gulf of Mexico National Weather Service 37% Nevada six students September 13th Cruz 30%
"saudi arabian government" Discussed on The Cycling Podcast

The Cycling Podcast

03:29 min | 2 years ago

"saudi arabian government" Discussed on The Cycling Podcast

"During our jerus- you want to check out. I think the the rivalries are most interested in are the rivalries are the are there them but we so rarely materialize. I think of the bonin. Counselor konczal ara years when we never seemed to have them both at the very top of their gained. The one we might never see is portuguese. Ganz bernard well. That's the thing i mean. At the moment well the possibility of having bhagat charred rogue lich and burnell and that. That's the right. That's the battle that everybody wants to see. But we want to see it when they're all at their best the thing. And maybe maybe the tour next year. But we've had this in the patio where we've had condor nearly container at one point. All of them looked to be on a similar level but we never quite saw them all go head to head. It's the same kind of debate with the greatest of all time. I mean if you if you to tennis forums. in there you've got federer. the not all down the djokovic fans and it's it's an it's an endless question and and and you know it's more a matter of belief and fandom than than a matter of our and everybody knows tennis player of all time is andy murray there. My name's catherine the friend of the podcast on listening in london. I have a question about ethics and sponsorship. Which i think is probably going to make you guys on your listeners. Roll their eyes because it comes up all the time in cycling. But i think it's particularly pertinent right now. I think that's because last week. We saw that team bike exchange nights and new sponsorship from the saudi arabian government and alignment of values with them Bahrain victoria who two years ago when they were barren morita were at pains to distance themselves from the human rights record of the bahraini government and accusations of sports washing but who have really visible presence on social media all of the bahraini role family like when landa crushed of jiro. That was strange. Sort of ghost written tweet. Banking prince nasir directly to dot. Distancing seems to have disappeared. I'd say to an extent like kits reporting on next tosh cryptocurrency company. They're kind of murky and dubious background. And just the increased number. I suppose of fossil fuel companies and of petrochemical companies any or one of the worst leading companies in the world and particularly in the uk. And so i just wonder like. I understand that cycling is an expensive sport. I understand that the business model is really shaky. i understand that we all live under capitalism. Let's take those things is red but is there a tipping point. Is there red line of where taking money from some sources too far. It's not the case for writers for gas as managers for you guys as journalists and for the phones or has that been sort of existing on a sliding scale for so long that nobody really cares. Anymore i'd love to hear your thoughts loving the podcast loving vicarious experience of travel in this particular year thanks very much is a great question catherine. I signed to say that some people will realize we know this having tackled it before in the Very infamous episode did a few years ago. They are ethical. Report into cycling. Never have had much feedback on an episode. All of it was was posted..

konczal ara Ganz bernard burnell bhagat saudi arabian government Bahrain victoria tennis lich bahraini government prince nasir andy murray jiro landa london uk catherine
"saudi arabian government" Discussed on WBSM 1420

WBSM 1420

04:04 min | 2 years ago

"saudi arabian government" Discussed on WBSM 1420

"For somebody like me who does not pay much attention to International news. I really don't know the ins and outs of Middle Eastern politics. I I'll be the first to admit that I remember when the Kentucky murder happened and it may news and it was sort of this very big, surprising thing, but in order for you to really understand what was going on, and why he was killed, you really had to understand about politics. Of the Middle East, in particular of Saudi Arabia and the fact that it took place in Turkey in the Saudi Arabian consulate. And and then the body was moved at one point to dispose of it. You you don't quite appreciate the nuance of those countries unless you're Welles versed in them, And I've I've AH friend colleague who used to work at the Washington Post and totally different department, But he said he never even read much of Show you stuff because he's like it was so deeply rooted in Middle Eastern politics, and that's not what he this friend of mine does. So that's what this movie does is. It gives you that background? And it gives you the relevance of it because for most people before he was murdered. Most Americans have never heard of this guy before, and you have to understand the importance of them and and why he Woz as the title of the film. Says a dissident because of His criticism of the government and his criticism of the Crown prince and the fact that the crown person like him, the crown's first seems to have gotten away with murdering him and who was involved in and who was responsible and who was punished. And if any justice was actually served, or of only a modicum of justice was served. This movie itself really is for somebody who's into the international politics. Some of it's very hard to digest because they do throw a lot of it at you. And you do have to reset your brain and it talks about how how some people who are questioning things how they work with, like, for example, social media and how Involved. Social media is in particular in Saudi Arabia because of the control of state media itself. For most people in America. Yeah, there's political Twitter. But there's also people out there taking pictures of their cat and, you know, porn stars putting stuff on only fans and all that kind of stuff that that that's much more day to day relevant in Saudi Arabia. And part of this movie looks at one of the other people who had worked as a critical person of the Saudi Arabian government. And how they work with shaggy and how he was involved, and it actually takes it from several different framing point. So it is a little bit messy of a documentary because they throw so much at you and appeals of backwards too, because you know that he gets killed because it's such a big news story. But they take the time to peel back what had happened and go through the investigations. And you know what really happened. But your moralist learning about when people found out about different things. And the horrible events that surrounded this and how it impacted his fiancee who was essentially there when all this stuff was going on. I mean, this is partly a look in his life. Partly a look at Saudi Arabian politics. Partly a look at the journey of his his fiancee, who who never got any sort of real resolution from this and also the deal with these other dissidents that he had been working with. So it's interesting, but it is something you got to pay attention to. I'm going to say that ultimately, it's kind of rocks because there is a lot to digest. But it is an important film and people should see it. It kind of rocks. You're listening to fat guys at the movies with Kevin Car Next movie I want to talk about is redemption Day. A military hero must travel to Algeria to free his wife, who has been captured by insurgents in Rocco. We.

Saudi Arabia Saudi Arabian consulate Saudi Arabian government Middle East Welles Kentucky International news Twitter murder Turkey Washington Post Kevin Car Rocco Algeria America
One of the Biggest Tekken Tournaments of All Time Never Paid Anyone

theScore Esports Podcasts

07:38 min | 3 years ago

One of the Biggest Tekken Tournaments of All Time Never Paid Anyone

"Well over a year ago in March of two, thousand and nineteen, a series of East sports events were held in Khobar Saudi, Arabia including. The True Gaming Tekken invitational this single tournament featured a prize of one hundred, ten thousand dollars USD, which was then the single largest prize pool in taking history for a little context, the two thousand eighteen technical tour finals at a prize pool of Twenty Five K. and Evokes Tekken Prize. Pools are even lower than that and heavy hitters from around the world came to participate. In this thing, I'm talking to likes of Don's knee Chanel. Roma. Are Slash you get the picture from a production standpoint the true gaming tech invitational grave they had an awesome stage set up the stream quality was good. The had commentator and analyst desk great camerawork was clean and in terms of the actual game play competitively, the tournament was great i. mean we saw some of the best players of all time from all around the world give us some unforgettable moments. But after all that confetti was cleaned up after the stage was dismantled in after the community's attention shifted to other events there remained one big problem. Apparently nobody paid. Now this all hit the public's attention in a big way only recently when tech master provident fighting game player and one of the invitees to the gaming tech invitational tweeted about not receiving his prize money from a different event that was organized by the same people. Now, as far as the true gaming tech invitational goes the one with one hundred, Thousand Dollar Prize Pool I talked to tech and master about it, and he said that communication between the players who are owed money in the company who produced the event true gaming hasn't exactly been productive when it comes to when how or infant if they'll get their prize after one month. A number to contact with and every time the new right it's. Like on the process of giving you the process guys. we'd be coming back to you on. Data to and every time like the guy is saying, he did not receive any funding for the first. He's promised to receive it a next month. Don't want everytime delays rate rate until. One year happened instead even. One year under half extra. Here's the thing though true gaming say that they were hired just to produce the event and that the prize money has nothing to do with them at all I managed to get in contact with a guy named a Med almost STAFA. Who is the head of business development at true gaming and he says that the true gaming tech invitatinal took place within a larger event called. Gamers con. He told me that the owner operator of that event, a company called. Tail Events Exhibitions Management Co is responsible for the prize money we correspond over email about it and let me read to you what he told me quote true gaming's role in the event was to operate the competitions and gaming centered activities that have relied on our gaming industry knowledge and know-how. Our team has been contacted by the winners and his forwarded their grievances to k all A and have shared all contact information directly Takeo so that there is a direct. Line of communication and no delay caused by layered communications in the later email he also told me quote we've tried to finalize this matter on numerous occasions. We were even under the impression that it was going to conclude a sooner time and we are completely taken aback by how all have. Let this drag on for so long and quote worth noting here that shortly after I got in contact with gaming, they released a public statement about the matter that was. Very much in line with what they told me privately as far as this K- All events exhibitions management company goes that's where the trail goes a little cold for me I tried calling them with a number on their website and for me it didn't work I tried tweeting out I've emailed them and I tried to use a contact form on their website that is broken apparently so far as of the filming of this video I haven't heard anything back from them. Hubbert. Ladies Tom. Blood I can mean a look at a High Horse Shukran your call cannot be completed as dialed. Please make sure you enter the correct number. It's probably also worth noting here that there were a bunch of other invitational tournaments that took place on the same weekend within this gamers con that we're all organized by true gaming there was rocket league invitational. There was a beep invitation on their Mash Bros invitation and like I said, they were all organized by true gaming who seem to be a company who do everything from eastport centric youtube videos to mainstream game reviews to event production. Now, let's just back up for a quick second. Because there are other entities involved in this issue beyond just the players true gaming and this K- All events and Exhibitions Management Company, and I'm talking about agencies for the Saudi Arabian government see according to Tech and master about six months after the event when it became clear that they weren't going to get their prize money anytime soon, a lot of deep participants in the gaming, Tech. Invitational. Got Together an organized to try to figure out what their next steps they went to a guy who goes by the tag burke came and he contacted to Saudi Arabian government agencies namely, the General Entertainment Authority in Saudi Arabia and more pointedly. The Saudi Arabian Federation for Electric Intellectual Sports see the true gaming invitational had to be sanctioned by these bodies in order to put on their event in the first place and as to who this Berkane guy is. He is a Saudi Arabian eastport seen community leader and individual player manager who has served as a sort of go between between the players, the T os, and the government agencies that oversee East sports in Saudi Arabia and he told me that he's been in contact with those government agencies and they are actively investigating this situation. As we speak I have conducted the federation on behalf of some of the players and they. Did investigate the issue and I believe they have officially contacted all the parties involved in this case on soon, they would return resolve at least from where I'm sitting it's not going to be easy to figure out who's actually on the hook for this money according to Tech Master Burt. CAIN and some other folks I spoke to nobody actually signed any kind of contract or documentation that stipulated how when or I guess technically even if they would get paid out this prize money according to Burke Cain East sports in Saudi Arabia is still very much in a phase where contracts are not the standard sports itself and Saudi is still new. and. It started based on community efforts where almost everything was based on trust. That moved along when he sports stuff to grow on many companies started to throw big huge ovens. Everyone trusts what's being advertised after all the low in Saudi will hold you accountable for what you advertise. Let's say trust is what? being practiced here in Saudi I do believe that should change and perhaps tap. Last year will rise the awareness in the community

Saudi Arabia Saudi Arabian Government Saudi Arabian Eastport Saudi Arabian Federation Burke Cain Tech Arabia USD DON Tail Events Exhibitions Manage Analyst Takeo Eastport Head Of Business Development Exhibitions Management Company Hubbert Mash Bros Community Leader General Entertainment Authorit
Very different, symbolic hajj in Saudi Arabia amid virus

BBC World Service

00:53 sec | 3 years ago

Very different, symbolic hajj in Saudi Arabia amid virus

"News. The annual Muslim pilgrimage to Mecca in Saudi Arabia is underway with drastically reduced numbers because of the corona virus pandemic this year, only around 10,000 people, all of them Saudi residents will perform the five day ritual always screened and quarantined in advance. Our religious affairs editor Martin Bashir, reports. Last year, more than two million Muslims circled the Kaaba in Mecca, the most sacred site in Islam. But in June, the Saudi Arabian government announced that no foreigners would be allowed to perform the hajj. And that residents aged over 65 or with chronic illness should also not attend the restrictions of not only impacted worshippers. They've also hit the kingdom's income. The hardest Saudis second largest source of revenue after oil, contributing around $12 billion

Mecca Saudi Arabia Saudi Arabian Government Martin Bashir Editor
What happens when the global economy gets sick?

The Big Story

11:10 min | 3 years ago

What happens when the global economy gets sick?

"I won't pretend that I pay much attention to the stock market. Let's just say I don't have much reason to do so. Occasionally though it is unavoidable now with all the reaction to the corona virus world markets have tumbled phased suffering. Its biggest drop. Since the nineteen eighty seven crash Wall Street plunged the most is the financial crisis the losses so steep on both sides of the border at it actually triggered a trading halt for the Fed and other central bankers drop in oil prices is adding another complication as they try to gauge. How the corona virus will impact the global economy the fascinating thing about the reaction of markets around the world to Cova Nineteen. It's not really about dollars and cents. Yes a lot of billionaires lost millions and millions more are are. Sp's have taken ahead but watching what's happening here even if you have no money in the markets is a glimpse to how we all value risk. So what have we seen in the past few days and weeks? It's different from financial shudders like the crisis of two thousand eight. Where could the markets go from here? How far could they sing? And what will the world's governments do to prevent that and what happens beyond dollars gained or lost as a result of all this weather or not. Stock prices surged again. When this is over what happens in other words when global economy comes down with flu like symptoms. I'm Jordan Heath Rawlings. This is the big story. Mike Apple is these senior business editor at six eighty news. He's been busy the last few. Hello Mike How are you? I'm doing well. Why don't you quickly outline? I keep in mind that we are talking in the middle of the day so stocks may do any thing quickly outline. What have we seen in the past couple of days with stock markets and oil prices? You have to go back actually three weeks because up until about the mid part of February the markets were on fire. Everybody was buying everything you could not lose money It was the greatest momentum rally not necessarily based on fundamentals which turned out to be a bit of a problem but Tesla was at a record SPACEX and Virgin Galactic Apple Microsoft all these big companies record highs and krona virus was starting at March so to speak in China. That's peculiar. Why isn't the market more worried about this well? Then as it started to spread people include in and airlines were. I think the first trigger where they started air. Canada cut flights to China. So there was this wakeup call that this was going to have an economic impact and that started the selloff for stocks and over the course of the past three weeks we have seen the biggest point declines and subsequent point gains on the benchmarks in history like there have been massive swings one day huge selling next a big buyback and we are coming off now the subsequent largest slump ever on a points basis. I WanNa make that designation for the Tsa X. Endow because when we look at it on a percentage basis. It's big but not October. Nineteen eighty seven big where the Dow Single Day drop twenty two percent. It's massive. We're talking trillions of dollars of market value. I don't want underestimated but again I wanNA put it into some context. The TSA was down over ten percent. Second biggest ever point percentage decline. Explain what's driving this. You touched on airlines. Yes okay. So that was the that was the first economic shock that the tourism industry was was seeing a major revaluation. People weren't traveling companies. Their supply chains were being shut down in China ripple effect elsewhere than into Italy in Europe and Potentially into North America. So that was the first wave of selling and then what happened? Was the reaction from the market for what? The Saudi Arabian government announced on the weekend. Last week they wanted to cut production to stabilize the oil market which had seen a bit of a downturn so they were holding meetings OPEC cartel and Russia. There's sort of a new player in the global market newish and they wanted to cut production well. Russia had been playing ball the better part of a couple of years but then for some reason they walked away from the table on Friday. They said we. We're really not thinking about cutting production. Now we think we can withstand lower prices. Have at it as you will. This incense the Saudis who say okay. Fine. We're going to raise output in an already oversupplied market to record levels. We're going to crush the low hanging fruit. Any company that produces at say forty or fifty dollars a barrel every barrel they produce is going to lose money but the Saudis can produce it around twelve to fifteen and we're still around thirty and change and the Russians are close but that was the second hit so to speak. Do we know if those two are connected the the sort of oil price wars and the corona virus? It is because the first reason oil dropped was because China basically came to a standstill China's one of the largest buyers of oil prices dropped dramatically. And then this next thing developed at the worst possible time for the market really. It's like really you got to do this now anyway They don't seem to care because this morning again. They said starting next month. Twelve million barrels Russia said okay. We'll match that or very close to it. You've got Canada in the mix the US already at record levels. Suir a globe that is going to be a washing oil which just kind of sounds gross by at least a lower prices lower prices at the gas gas stations. Great for consumers horrible for the industry. Guess what Albert is going to get hit again. Yeah how efficiently can Alberta Produce oil? And and what do they need? Oil PRICES TO BE AT in order to not crush their economy. More than it already. Is this Most recently the tech resources project that was mothballed by tech a few weeks back had a break even price. I think it was north of fifty dollars per barrel okay so significantly higher than than where we are now the established producers son core and the others. They're at a lower price point because they're already moving commodities around and this is why we're talking about you know the oil market being a barometer of the global economy and then you've got the travel and tourism industry in the mix and why the markets have done what they've done they they've re priced risk They've lowered earnings expectations. Apple has already said that its sales in China dropped substantially in February. They're gonNA drop again in March. Their supply chain has been hit again. Apple's got deep pockets. They don't have to worry. Long-term THEY'RE GONNA come out of this. But is the company worth a trillion dollars anymore. Right it's all a repricing and the pendulum that we see moves incredibly fast because everything and and it was funny to to to hear commentators about how quickly markets dropped and then recuperated in previous crises whether it was eighty seven or the DOT COM bubble. Or whatever over there was SARS or murders or any of these other things the Russian ruble crisis it. All of these would take months if not years now. We're talking about weeks and that's that's what shocks and scares people. Because it's like what do you do it? So let's just talk about people like myself and probably like many people listening who don't have tens of thousands of dollars sitting in stocks and aren't you know directly impacted the second. This happens when you look at a ticker in your money's dripping away. What does the crash of the market mean for someone like me? It's psychological more than anything else. Because you're not you're not selling you're not buying necessarily not cashing in for X. number of years on your RSP. So I mean time is your friend and all of the old market adages but you see that and you say wow. Do I want to go and buy anything big today? Do I WANNA spend money? You know when you're when you are in a good mood you're more willing to be happy consumer and when you're not and you see all these negative headlines You Kinda Kinda retrench. That's the biggest problem and again from an investing standpoint. You know it is so difficult to sell it. The high and via the low people do the inverse ratio. As you're thinking who I'm missing out when things are hitting records and then when things are on sale you don't WanNa touch with ten football so now is actually time it it. It's it's not over yet. We still seeing the virus ripple through. This is going to take some time. There's no doubt about it. Bought companies that were priced. Way Up here in the stratosphere a few weeks ago discount if you like them then should love them now and that's the hard thing to get past. How much risk has the priced in already? You know we've Seen Corona virus spreading in North America particularly So far at least in the United States is a larger spread of that already priced into these drops or could it get even worse as it expands it it. It could get worse but we are already looking at the forecasters saying okay. We are expecting that. The economy will slow dramatically. Hopefully it doesn't but it is likely going and they are already saying that interest rates which were cut last week going to fall that much further over the next two months you know the bond market which is another one of these barometers of risk and worry and flipside euphoria We have seen bond yields dropped to all time record lows lower than what we saw during the financial crisis when banks were going out of business which is just to me remarkable now as it was explained to me the reason they're lower than where they were then because they never got back up to where they were previously so you're starting at a lower point and then dropping from that so it okay that kind of makes sense but you know we could see zero percent interest rates in North America. This was something we were looking at in when Greece was defaulting. Right right and people were going. How does that work? You're getting zero percent. Yeah because you're buying that bond or whatever it is because you think that the stock market or any other asset classes going to drop further than just keeping it at something get zero percent and again that that adds to the concern in the caution right. How much of a role does politics play here? I mean there's a tremendous amount of discussion in the United States about the role. The economy will play in an election year. And I'm wondering how individual governments and especially Let's say prominent world leaders How their response to the crisis might drive the markets and impact. Well again. You're talking about a health. Risk as opposed to a financial risk more than anything. Oh Eight Oh. Nine was banking industry crisis.

China Russia United States North America TSA Canada Mike Apple Apple FED Cova
Thanksgiving: Prepare for the busiest travel time of the year

America Tonight with Kate Delaney

00:38 sec | 5 years ago

Thanksgiving: Prepare for the busiest travel time of the year

"Was traveling today were you traveling Allen. No, actually, I tried to rent a car, and there was no way to rent a car, and they wanted to charge me five hundred dollars. So I cancelled it. Oh, good for you. So where are you spending thanksgiving week weekend? Well, I'm sending it up in New York state where my family and actually I've been New York City right now. Where there's a lot going on. What can I say? By the way. No, I've not begin. I do eat fish. But I had a pet Turkey named Pablo which is Turkey in Spanish, and he broke my nose when he tried to a way after I was talking and kissing. Only you Ellen. I love it that after he Africa back. I had my nose fix, obviously. And then he died a natural death. And then I had impact determined and he lives at the bottom of my stairs in lily, Dale, New York, which of course, dead people are too should come into your radio show from Idaho. I know I really wanna do it there because I've read stories about it, you know, about it. And I am we're going to make that happen. I want to come and do that. I wanna do that for the listeners would love. And of course, then you can meet Pablo. I I like it. We're gonna make it happen. I promise you that's going to be my twenty nineteen. So we're going to do that. So in Washington, the big story, but really reverberating outside of Washington is President Trump and the criticism of you know, the rare criticism of supreme court chief Justice John Roberts. And believe that Robert Kennedy. Well, what he basically said Robert Justice what Trump tweeted out back. In fact, there was a Obama judge and the ninth circuit that permit. Compare very very tough on migration cetera. So then John Roberts says we don't have. And he's the chief Justice was Republican was appointed by Republican. And he basically said, hey, we have Clinton charges. We don't have Bush judges. We don't have Obama judges. And we don't have Trump judges. We have just judges. And then President Trump tweeted out again. Yes, we do have judges that are one of those four. And I mean, this is just a war. You do not make war with the chief Justice seem state. Yeah. That was really surprising. I think we've seen the last of that. I mean, even you know Chuck Grassley tried to defend the president's saying, you know, why did Roberts rebuke Obama's remark. Why didn't he do that? He was trying to say he didn't do that before with Obama, and he made a comment, but I think that's much different. It is much different. And it's going to. I mean, this is to go down in the history books. Thanksgiving. But because nobody can believe that Roberts issued that statement. I mean, it was just unbelievable. Yeah. Yeah. Absolutely. I agree. And then how about this story? Then this other story that's getting a lot of attention is the president praising the Saudis for the low world oil prices. Oh my gosh. So as you know, he has just let the Saudis off the hook in terms thicker, show key Kelly. And. Basically, he said, listen, if we don't sell the Saudis things they're going to buy it from Russia and China that might be true. But as you remember, we have had former presidents like Carter who actually put human rights. I was roundly criticized for that. But President Trump is being criticized for not putting human rights at all in context. Yeah. Wow. I don't think we've heard the last of this whole Saudi thing either. This is just kind of a tipping point. There may be much more. That happens down the line only that and I'll tell you I was against of the Saudi Arabian government after nine eleven along with them up a talk show host, and they took us to a party on the Red Sea. I've never seen so much alcohol in my entire life. Drink it. Yeah. I've heard similar things. So that's not shocking to me. Let's put it that way. In the meantime, here's the big thing. Because there you are in in. New York City and so much conversation about the weather. What is the temperature like in the east coast is like what one degrading very very cold, very cold. Yeah. Not a great for parades. A not a and it's supposed to be very windy or the Macy's day parade. Very windy, and you know, we have seen balloons get blown about. But the wind is supposed to be staggering which would be just in a few hours. Wow. Crazy, and you and I talked about Nancy Pelosi. And now there's the story that Marcia fudge is not running to oppose Pelosi because that was. Title, Marcia fudge is a congresswoman from the great state of Ohio, which is where I'm from. And basically she met with Nancy Pelosi. She was going to run against her and then Pelosi has revived a committee on voting and she's putting Marcia fudge in charge. And Marcia fudge, Dan is not going to run against Nancy Pelosi. Now, Nancy Pelosi needs to hundred eighteen votes to be the speaker. She would just make it may be. But if she doesn't they're probably going to change it wolf. Wow. Crazy. Have a great thanksgiving holiday, and thanks so much Ellen. Thank you. All right, lily, Dale. It is in my future lily, Dale for those of you who don't know there's been documentaries on it on this this town, and it's an interesting place. It's the world's largest center for the religion of spiritualism. Basically, there's fifty mediums there. There's education and workshops on healing and personal growth and all kinds of things, and it was a place that was incorporated back in the late

Justice John Roberts President Trump Nancy Pelosi Barack Obama Marcia Fudge New York City New York Pablo Ellen Robert Justice Robert Kennedy Allen Saudi Arabian Government Dale Turkey Macy Chuck Grassley
Sen. Sasse: 'You don't bring a bone saw to an accidental fist fight'

Bucket Strategy Investing

00:42 sec | 5 years ago

Sen. Sasse: 'You don't bring a bone saw to an accidental fist fight'

"The Saudis have set a whole bunch of crap. That's not right, accurate or true. We know that and we need to have some shared principles about what we're trying to get done. If we ally with them, Nebraska, Senator Republican Ben Sasse against on CNN state of the union. He says the Saudi Arabian government needs to detail. What in the world happened in relation to the murder of Washington Post columnist Jamal kashogi Saudis got a lot of explaining to deal think everything should be on the table because Shoghi last seen on security video walking into the Saudi consulate in Turkey where his body is remains a mystery the cover stories from the Saudis are mass. You don't bring a bone saw to an accidental

Ben Sasse Saudi Arabian Government Saudi Consulate Jamal Kashogi Washington Post Senator CNN Nebraska Murder Turkey
Investors query funding costs at a private Tesla

WBZ Midday News

01:02 min | 5 years ago

Investors query funding costs at a private Tesla

"Tesla Zeon musk is under intense scrutiny after joining the New York Times that he this this has been. The most difficult and painful year of his career buddy says he has no. Plans to give up his dual role as, the company's chairman and CEO musk is also standing by tweet he put. Out last week saying, he secured funding to keep the company private but as we. Hear from CBS Jeff Gilbert that statement is raising some red flags could fix trouble from government. Regulators if he can't prove, he really has funding behind this tweet about taking tesla private some auto analysts have. Recently suggested that must give somebody else day to day control of tesla the New York Times. Says the tesla board has intensified its search for another top, executive to, work with mosque the company says the board is formed a special committee to evaluate proposals for taking tesla private there's also word that Buskens spoken with the Saudi. Arabian government investment Fund about such a deal

Tesla New England Wbz WBZ Boston New York Times Chairman And Ceo Jeff Gilbert Cape Cod Mike Macklin Perez Pawsox Rhode Island Truro Iheartradio Little Rock Barnstable Harbor Alexa Goat Erez Worcester