35 Burst results for "Vladimir Zelensky"
AP News Radio
Ukrainians reflect on anniversary of Russian invasion
"Ukraine's president has pledged to push the victory as he marks the first anniversary of the Russian invasion. In Kyiv, a Ukrainian military orchestra trumpeted to finally in a ceremony to mark a year since the start of the war as morning broke on a day of commemorations and reflection, president Vladimir zelensky struck a tone of grim determination, tweeting, we know that 2023 will be the year of our victories. At the ceremony itself, he thanked all Ukrainians who took part in the fight to preserve the nation calling them a bright memory to all those whose lives were taken by this wall, adding glory to our heroes, glory to Ukraine. Despite
Bloomberg Radio New York
"vladimir zelensky" Discussed on Bloomberg Radio New York
"Made a surprise visit to Ukraine today just days ahead of the one year anniversary of Russia's invasion. He met with Ukrainian president Vladimir zelensky and announced the U.S. will be providing another half $1 billion in aid to the war ravaged country, but that's not all. Later this week, we will announce additional sanctions against elites and companies that are trying to evade sanctions and backfill Russia's war machine. Russia was notified ahead of President Biden's surprise trip, that's according to national security adviser Jake Sullivan, Biden's visit with Ukrainian president zelensky came just before his scheduled trip to Poland this evening. Michigan state university is resuming classes today. This comes after last week's mass shooting that left three students dead in 5 others injured. The 43 year old shooter also took his own life and had no connection to MSU. President Biden is sending love to former president Jimmy Carter and his wife in a Sunday tweet Biden said he and First Lady Jill Biden admire you for the strength and humility that you've shown in difficult times, Carter is receiving hospice care at his home in plains, Georgia, Priscilla Thompson, is in plains this morning. That they are working to make him as comfortable as possible. And this was a decision that the former president made himself according to the Carter center. They say that he had experienced a series of short hospital stays recently and that he decided that he wanted to spend his remaining days at home with his family. Of course that including his wife of more than 75 years, Rosalind Carter is the nation's oldest living president. An Australian tourist is dead killed by a shark in the French Pacific territory of New Caledonia bystanders look on Sunday as a 59 year old was bitten several times. People sailing nearby took the man back to the beach, but it was too late. New Caledonia is about 750 miles east of Australia. I'm Michael kassner. The U.S. is providing $100 million in disaster relief aid to turkey and Syria after a devastating earthquake slam the country's earlier this month. That's according to Secretary of State Antony Blinken, who visited the hardest hit areas in turkey on Sunday. We're here to stand with
WTOP
"vladimir zelensky" Discussed on WTOP
"News. Ukraine's president could visit Brussels on Thursday to meet with European Union leaders arriving in the Belgian capital for a long planned summit as part of the visit Vladimir zelensky would likely address the European Parliament. Zelensky would likely be trying to shore up political support as the EU deals with the economic fallout of the war, and the cost of hosting more than 4 million Ukrainian refugees. A visit this week if it happens would be the Ukrainian leader's second known trip outside his country since Russia invaded nearly a year ago in December, zelensky came here to meet with President Biden and deliver an emotional plea to Congress. It's considered one of the greatest movies ever made. Now you can see sunset boulevard, the musical at the Kennedy Center tonight and tomorrow. All right, mister DeMille, I'm ready for my close up. Gloria Swanson was hauntingly delusional as aging silent film star Norma Desmond, who thinks she's still a big star in her own mind living in a decaying LA mansion. Andrew Lloyd Webber's musical version opened 30 years ago on London's West End before winning 7 tonys on Broadway, including best musical. Now you have just two nights left to catch it at the Kennedy Center, starring Tony winner Stephanie J block of the Cher show as Norma Desmond, the songbook features hits like as if we never said goodbye, which has been recorded by everyone from Barbra Streisand to Ellen Page. Find out more on the B two B dot com Jason Riley WTF E news. New York City is ending its COVID vaccination mandate for municipal workers like police officers, firefighters and teachers. The vaccine mandate, instituted for New York City workers, which led to the firing of hundreds who declined to get the shots and the subsequent lawsuits by some of them will end on Friday according to mayor Eric Adams, the Democrat says this is the right moment for this decision with more than 96% of city employees and more than 80% of city residents having received their initial COVID vaccine. City officials say the approximately 1780 workers who were fired for failing to comply with the vaccine mandate will not get their jobs back automatically, but can apply for positions with their former agencies. Julie Walker, New York, more than half of women from marginalized racial and ethnic groups say they've been discriminated against at work, a new survey from researchers at the women's advocacy group catalyst also found that the darker the skin tone, the greater the discrimination. They also found that trans and queer women were more likely than cisgender women to say they'd experienced discrimination, catalysts surveyed more than 2700 women from the U.S., UK, Australia, Canada, and South Africa. Coming up local leaders want to offer an alternative
AP News Radio
European leaders meet in Kyiv to discuss Ukraine's path toward joining the EU
"Russian missiles have hit residential areas in an eastern Ukrainian city for the second time in 24 hours, while top European Union officials visit Kyiv. The latest strikes in clamatos came as rescue crews searched for survivors in the rubble of an apartment building hit overnight by a Russian missile, the missile killed several people and wounded well over a dozen others. Meanwhile, Ukrainian president Vladimir zelensky met with European Commission president Ursula von der leyen, ahead of what officials described as a summit. Von der leyen praised wartime Ukraine's effort to become a member of the EU. You became a Canada country while fighting an invasion. She also announced a new initiative to make Russia accountable for its actions in Ukraine. An international center for the prosecution of the trial of aggression in Ukraine will be set up in The Hague. According to von der leyen, EU assistance for Ukraine has reached $55 billion since the start of Russia's war,
AP News Radio
Ukraine: 'Fast-track' talks underway for missiles, planes
"Ukraine and its Western Allies are engaged in fast track talks on the possibility of arming the invaded country with long-range missiles and military aircraft. An adviser to Ukrainian president Vladimir zelensky said Ukraine's supporters in the west understand how the war's developing and know the need to supply planes capable of providing cover for armored vehicles that the United States and Germany pledged at the beginning of the month, a decision that led to criticism not only from the Kremlin, but from the secretary general of NATO and European Union member Hungary, western weapons have proven essential to Ukraine's defense, while stoking ever higher tensions with Moscow, amid the news of the western pledges of heavy tanks, Russia bombarded Ukraine with exploding drones and artillery shells, the attacks continued Saturday when Russian missiles struck the city of kostia, in eastern Ukraine's Donetsk province. The fighting has largely been deadlocked over the past months, with winter conditions slowing down ground operations and neither side reporting significant progress. I'm Sarah nafa
AP News Radio
Ukraine's Zelenskyy honors those killed in helicopter crash
"Ukraine's president has met with families of those who died in a helicopter crash in the outskirts of Ukraine's capital. At the somber service in Kyiv, Ukrainian president Vladimir zelensky and his wife laid flowers on each of the southern coffins, draped in the blue and yellow flags of Ukraine. Zelensky then spoke briefly with the families as a small orchestra played a mournful adagio, although what caused the helicopter crash is unknown, zelensky said it would not have happened, had they not been at war. The helicopter carrying interior minister Denis monastery and other officials slammed into a kindergarten building, killing him and about a dozen other people, including a child on the ground, Kyiv police released body cam footage shot by a first responder arriving at the scene of the crash in the video a man can be heard making a call to emergency services before entering a building in brovary, the crash came just four days after a Russian missile struck an apartment building in Ukraine's southeastern city of dnipro, killing dozens of civilians, including 6 children. I am Karen Chammas
AP News Radio
UK to supply tanks to Ukraine as Russian missiles hit Kyiv
"Britain's prime minister has promised to provide tanks and artillery systems to Ukraine, prime minister Rishi sunak made the pledge amid renewed missile attacks from Moscow targeting the Ukrainian capital and other cities in the near yearlong war, danning streets had seen access assurance came after he spoke to Ukrainian president Vladimir zelensky, British media have reported that for British Army challenger two main battle tanks will be sent to Eastern Europe immediately with 8 more to follow shortly after. Zelensky tweeted his thanks to sunac, saying the decisions will not only strengthen Ukraine on the battlefield, but also send the right signal to other partners. Karen Chammas London
AP News Radio
Russia, shaken by Ukrainian strike, said mulling more drones
"Ukraine's president says Russia is planning to step up attacks Ukraine's president has Russia is planning to step up attacks on his country using Iranian made drones. In his nightly address, president Vladimir zelensky said Russia is planning what he called a prolonged attack by Shah had exploding drones, zelensky accused Russia of trying to break Ukraine's resistance by exhausting Ukraine's people, air defense and energy, Russia's president Vladimir Putin is attempting to boost confidence in Moscow's flawed war efforts. Ukraine's effective counteroffensive, which is backed by western supplied weapons, has brought criticism in some Russian circles of Russia's military performance. I am Karen Chammas
AP News Radio
Ukraine president back in Kyiv, Russia keeps up attacks
"Ukraine's president has returned from his visit to the U.S. with a defiance note. President Vladimir zelensky returned to a busy office as the phone rang during his recorded message. You hear telephones are already working here. I'm at the office, we're working towards victory, good day to all will overcome everything. Zelensky's trip to the U.S. was held as a success as he secured a $1.8 billion military aid package, despite his determined tone, his return comes amid relentless Russian artillery, rockets, and mortar fire, as well as air strikes throughout Ukraine. I'm Karen Chammas
AP News Radio
Senate hits snag in bid to pass $1.7 trillion spending bill
"Congress is struggling to reach an agreement on a $1.7 trillion government funding bill, and the deadline to avoid a partial government shutdown is midnight Friday. On Wednesday the day Ukrainian president Vladimir zelensky addressed Congress, Senate majority leader Chuck Schumer urged colleagues to vote for the measure, which includes $44.9 billion in emergency assistance to Ukraine and NATO allies. President zelensky could not arrive at a more crucial moment for the Senate. But momentum toward passing the bill slowed later on, as lawmakers struggled to reach an agreement on an amendment needed for a final vote at issue is an amendment from Republican senator Mike Lee of Utah, which proposes extending pandemic era restrictions on asylum seekers at the border, once the Senate does vote the house will then have to pass the measure before midnight Friday. Donna water Washington
WTOP
"vladimir zelensky" Discussed on WTOP
"The famous immaculate reception that sparked not only his Hall of Fame career, but a steelers dynasty in Pittsburgh, Harris was 72. Rob woodfork WTO peace board. It is 8 47, a new federal law requiring that sesame be listed as an allergen on food labels leads to unintended consequences. It's increased the number of products that now include sesame, starting New Year's Day, all foods made and sold in the U.S. must be labeled if they contain sesame, they often hidden ingredient has been declared the nation's 9th manger allergen. Food industry experts say the requirements are so stringent, many manufacturers, especially bakers, find it easier and cheaper to just add sesame to their products and label it that way, while the practice is legal, consumers and advocates say that really violates the spirit of this law. Top stories we're working on WTO, Ukraine's president Vladimir zelensky, addressed Congress about an hour ago after a face to face meeting with President Biden, get ready for extremely cold weather Friday afternoon as we approach the Christmas holiday. It's all thanks to a massive storm expected to pummel a big chunk of the country starting tomorrow. And a jury in D.C. convicts two Metropolitan Police officers in the death of a man during a police chase back in 2020 that man was on a scooter as he was being chased and for a time riding on the sidewalk. Keep it here on WTO for full details in the minutes ahead. Now 8 48. Traffic and weather on the H and when it breaks, we're getting back to bob in the traffic center. Well, beltway and Maryland on the outer loop of the John Hanson highway at route 50, the crash is now on the right shoulder, traffic gets fine without delay, 95 of the Voldemort Washington park while you're doing all right. No delays on 50 out of the bay bridge, we're in great shape on two 70 between the beltway and interstate 70. In fact, the entire beltway is really running without any slowdowns at this point. The earlier crash on the inner loop after university boulevard that is cleared and things are running well on 66 in both directions on 95 in Virginia, brief slowdown southbound of the aqua Quan really not much to speak of at this point and that goes all the way to Fredericksburg and beyond. Bob inlet traffic, storm team fours Amelia Draper. A storm team four weather alert with rain in the forecast tomorrow and the chance for some isolated flooding in the metro and areas west of the D.C. metro area will see pockets of ice and snow during the morning hours before the entire area just sees rain as temperatures warm to above freezing. On Friday, we'll have some rain during the morning hours, possibly ending as a period of brief snow as temperatures quickly drop with an Arctic front from 45 Friday morning to around 20 by the late afternoon and evening hours, but with winds gusting up to 40 even 50 miles an hour, we'll have windchills in the single digits, even some subzero wind chill temperatures Friday night on a two Saturday morning throughout the day on Saturday, it's blustery and cold, highs in the 20s, wind chills in the single digits and teens for Christmas, one of the top ten coldest Christmas days on record. I'm storm team four meteorologist stimulated Draper. At Reagan national 37 BWI Marshall 32 and dulles 36°, some parts of our area could be down to the 20s late tonight. We're brought to you by dulles glass for all your glass mirror and shower door needs.
AP News Radio
Biden tells Zelenskyy: 'It's an honor to be by your side'
"Ukraine's president has arrived in the U.S. on his first known trip outside his home nation since Russia's invasion nearly ten months ago, sitting in the Oval Office of Vladimir zelensky said he's here to offer thanks to the president to Congress. And thanks. From our. People to your ordinary people, zelensky said he appreciates all the support from the U.S., which has announced another $1.8 billion in military aid, including an advanced patriot air defense system. It's an honor to be by your side. President Biden said Ukrainians are inspiring the world by standing up to Vladimir Putin's brutal onslaught, which he says now includes using winter as a weapon by targeting civilian infrastructure and knocking out power. Sagar Meghani, Washington.
AP News Radio
Ukraine's Zelenskyy says he's on his way to Washington for Wednesday visit
"Ukraine's president is said to visit Washington today in his first known trip outside the country since the Russian invasion ten months ago. Yesterday, Vladimir zelensky visited troops in a frontline town who gave him an autographed flag. Which he promised would be delivered to Congress and President Biden. Zelensky will have a chance today. AP sources say he will visit The White House and deliver an address on Capitol Hill, where lawmakers are said to vote on a spending bill that includes the highest amount of emergency aid do Ukraine yet. Some $45 billion. Officials say the U.S. will also announce the transfer of a patriot missile battery to Ukraine, which has been pleading for more advanced air defense systems amid rising Russian missile strikes. Sagar
AP News Radio
Ukraine on edge for more attacks, West eyes humanitarian aid
"Ukraine prepared for more Russian strikes after an apparent lull of bombardments on the country's energy infrastructure, Ukrainian president Vladimir zelensky warned that Russia will continue to bombard Ukraine as long as they have missiles to do so in the west preparations were stepped up to boost humanitarian aid to Ukraine ahead of expected blistering cold weather, Norway's foreign minister visited the capital Kyiv, calling the situation desperate with citizens facing the grim choice of fleeing or freezing. Russia has pounded energy facilities around Kyiv with a barrage of missile strikes resulting in power outages and halts in water supplies to the city. I am
AP News Radio
Bombed, not beaten: Ukraine's capital flips to survival mode
"People across Ukraine are slipping into survival mode as Russia continues its barrage targeting one newly liberated city for particular punishment. I'm Ben Thomas with the latest. It's a bomb study. Ukrainian president Vladimir zelensky calls it the revenge of those who lost. Russia continues to pound curse on the southern city recaptured by Ukrainian forces just two weeks ago, witnesses describe at least 5 killed Thursday, but many more wounded. If you reporters capturing images of survivors drenched in their own blood. Says his house was hit by two shells. His medics carried him to an ambulance with a horrific leg wound, but hospitals incur son have been without power and water. A situation in cities across the country, including the capital Kyiv, with people filling bottles wherever they can, including collecting rainwater from train tights. I'm Ben Thomas.
AP News Radio
Zelenskyy decries continued Russian G-20 membership
"Speaking to the G 20 summit in Bali Indonesia via video link from Keith president of Vladimir zelensky spoke of Tuesday's Russian missile strikes on dozens of targets across Ukraine Zelensky says hundreds of cities were left without electricity water and heat and that Internet traffic has fallen by two thirds Then he labeled Moscow a terrorist He's called for a quick response after Poland said a Russian made missile fell in the country's east killing two people The president Joe Biden has said it was unlikely it was fired from Russia I'm Charles De Ledesma
AP News Radio
Russians refusing to fight in Ukraine flee country, long for home - NBC News
"Russia claims Ukraine is preparing a provocation involving a radioactive device Defense minister Sergei shoigu made the allegation and phone call Sunday with his counterparts from the U.S. Britain France and turkey The televised address Ukraine's president Vladimir zelensky says the allegation can only mean Moscow has already prepared its own escalatory step and he says the international community must make Moscow understand the world will not swallow it Meantime Russian installed officials report building defensive positions in occupied areas of Ukraine and border regions reflecting fears of a Ukrainian attack along new sections of the 620 mile front line while the Ukrainian military claims Russian officers have withdrawn from the area leaving newly mobilized inexperienced forces to defend it I'm Ben Thomas
Bloomberg Radio New York
"vladimir zelensky" Discussed on Bloomberg Radio New York
"U.S., U.S. Secretary of State Brian Anthony blinken says his main focus on building an international coalition to stand up against China, starting with Taiwan. He says the situation is at an inflection point. Republican challenges to president Joe Biden's student loan relief plan have failed in two courts today, one federal and the other before a Supreme Court Justice Amy Coney Barrett. UK will have a new prime minister well, it looks like as early as Monday, Liz trust will be the shortest term prime minister in UK history after resigning today. Ukrainian president Vladimir zelensky has told European leaders that Russian forces have mined a dam in the occupied south and he says it threatens the safety of thousands of people. White House has accused Tehran of sending trainees and trainers and technicians to Crimea to support Russian attacks on Ukraine with Iranian made drones. Chinese officials are debating whether reduced the amount of time people coming into the country must spend in mandatory quarantine they have not made a final decision. In San Francisco, I met Baxter. This is Bloomberg. All right, Singapore, stand up, Juliet Sully. I'm standing up, Ed, thanks. All right, let's hope that she's chanda is still standing up to found and CEO at crystal. And we want to get your thoughts in terms of what is attractive for Asian stocks when you look at the short term horizon. Given we are hoping that China's reopening will kick off in 23 and as we mentioned earlier, the U.S. recession doesn't go beyond a year. Yeah, so China definitely is in some kind of deep value territory. Well, there's a lot expected in terms of COVID easing or other fiscal packages coming out of there. But we're waiting to see what happens this Sunday when the meeting kind of concludes. And what the new deal leadership looks like. But in terms of looking forward, quite optimistic on how things would play out over there, especially since domestic demand is likely to be robust as COVID restrictions is if they actually take the easy stance there. Social and other economies like the Indonesia or Vietnam India as you spoke with domestic demands should be quite focused. So does that mean you add to positions or take new positions on the equity side or are you more interested in fixed income opportunities at this point? It's a short dated fixed income in dollars, investment grade is a very clear winner. Today you have interest rates and corporate bonds going to 5%, which really makes it easy for a certain portfolio to deploy cash and that restricts the amount of money that can go into equities. So you see the traditional 60 40 portfolio, you need to have 60% that's inequities to earn a particular return. Today, the 1890% fixed income you could get there. So definitely shorter IG is there. But at some point in time, when the rate hikes, pressure is over and let's say inflation is tamed down, which you're hoping to see in Q one, then you should see the equity pullback coming in. Interesting to highlight one of the problems in the UK pension fund system, of course, that's all to do with the volatility we've seen in the last 44 days or so with Sterling. What sort of stability do we see now? I know in Singapore and parliament yesterday they were talking about this too many people have pension funds in British pounds. This is clearly this kind of an uncertainty where there is a lack of clarity for the leadership or the economic packages. It's very unsettling for everyone, especially the pension funds and especially the people who have a large pension portfolio independency. So clearly, the market wants to see a clear sign of leadership, which is why I think it's right that they are trying to get the next three to decided pretty much within two or three days. Or let's say a week. And that's the signal that the market wants to see. Because you can not have this kind of instability in markets if at the leadership level you don't have any clarity. Speaking of instability and currency markets, the Japanese yen right now is trading on the weak side of one 50 against the greenback and Jules has been wondering for days now when, when Japanese authorities will intervene to support the currency, do you think that's imminent or are we always away from that? I think we've started seeing more verbal intervention talking about that we are okay with the deposition and let the currency be weaker for longer. It's only the speed that matters and so on. Also the last intervention in September was close to 20 billion. And if anything needs to be done, it has to be larger sized. And that intervention didn't really achieve much, right? We went from one 46 to one 43 and then back to one 50. So intervention unless it's in size, it may not result in much. And I think that's where the BOJ is taking the right stance we're just talking about the speed of the precision rather than the extent of the precision. All right, almost the end of October hard to believe, so only a couple of months left in the year. What's your kind of best bet to take advantage of all of the volatility and of course the fact is we mentioned earlier, we still don't know what other risks could emerge, but if you had to take a bit today, what would you look at? It's really like to play it safe for an extra month. So whatever money people have made or let's say not having for the losses are just going to preserve whatever cash you have. Deploying it and short it at bonds waiting for the two rate hikes to finish and then hoping that the hawkishness that has been shown by fed goes down and then start the new year with some more positivity and coming back into discuss it. All right, yes, let's hope it is a positive and calm new year as she's trying to found it and see your crystal on the line from Singapore probably not when we're all talking about recessionary concerns though. We are counting down to the reopen of markets in Hong Kong and China. There was
AP News Radio
Russia unleashes biggest attacks in Ukraine in months
"UN General Assembly is debating whether to demand Russia reverse its annexation of four regions of Ukraine as Moscow's most extensive missile strikes in months alarm much of the international community anew on Ben Thomas with the latest Civilians heads bloodied and bandaged could be seen on the streets of the capital Kyiv being tended to by emergency responders who weren't otherwise trying to douse smoldering rubble Ukraine's president Vladimir zelensky says Russia's barrage inflicted the most damage on civilians in video images showed a flaming crater right next to a playground Russian president Vladimir Putin said his forces used precision weapons targeting energy infrastructure and military command facilities Estonian prime minister kaya callis offered this assessment Russia is definitely escalating
AP News Radio
Explosions rock multiple Ukrainian cities, including Kyiv
"Russia has attacked Ukrainian cities with a barrage of missiles Ukraine's president Vladimir zelensky posted video on social media today showing burning cars and damage in the center of the capital of keys The guardian is this They were the first strikes in Kyiv in four months and in emergency services spokesperson tells the AP there are dead and wounded I'm Donna water
AP News Radio
'Mr. Putin, don't misunderstand what I'm saying': US will protect NATO domain, Biden says
"Tensions are soaring even higher between Russia and the west over Moscow's war in Ukraine Russian president Vladimir Putin has formalized the illegal annexation of more Ukrainian territory and vowed to protect it forever Vladimir zelensky followed with an accelerated Ukrainian push to join NATO would Putin has long called a red line and a move the U.S. and other allies do not endorse As Moscow and Kyiv continued their fight the U.S. ripped Putin's land grab The sham routine that he put on this morning President Biden says the U.S. is sanctioning anyone who backs Putin's illegitimate move and will support any Ukrainian effort to reclaim its land He's not going to scare us and he doesn't or
AP News Radio
Putin moves to annex 4 Ukraine regions despite global outcry
"The U.S. is hitting Russia with more sanctions after Moscow's illegal annexation of Ukrainian land Putin After Vladimir Putin held a celebration in Moscow And claimed for Ukrainian regions as Russia's forever He can't seize his neighbor's territory And get away with the simple as that The U.S. hit back New authorities to sanction anyone who provides political or economic support to Russia's fraudulent territorial claims President Biden did not mention Ukrainian counterpart of Vladimir zelensky's own surprise move In accelerated did to join NATO a step neither the U.S. nor the alliance are endorsing and
WTOP
"vladimir zelensky" Discussed on WTOP
"Currently 53 at fort belvoir foggy bottom comes in at 59 this morning and in Silver Spring it's 59° It's 6 42 now Attacks inside Ukraine have intensified as Russia prepares to celebrate victory day on Monday CBS News correspondent on the least Preston has the latest The Ukrainian commanders say Russian Shelley has resumed on the mariupol steel plan holding the last pocket of resistance in the city There were new attacks come as Ukrainian president the Vladimir zelensky reports nearly 350 more people have been evacuated from the port city and surrounding areas That's in addition to the round 150 evacuated earlier this week Yesterday the head of the European Union proposed a new round of sanctions that would not only target more large Russian banks but would also ban oil imports from Russia The 27 nation EU now gets about 25% of its oil from Russia The authoritarian president of Belarus admits Russia's war on Ukraine has been dragging on for too long in an interview with The Associated Press Alexander Lukashenko defended the invasion but said he didn't expect it would last this long claiming he's doing everything he can to stop the war He alleged that Ukraine was provoking Russia Belarus hosted Russian forces which then rolled into neighboring Ukraine February 24th He claimed Ukraine had planned to attack Belarus but offered no evidence to back that up Secretary of State Antony Blinken has tested positive for COVID-19 after attending The White House correspondents association dinner and related events over the weekend Blinken tested positive yesterday afternoon and a PCR test He's fully vaccinated and experiencing only mild symptoms He hasn't met in person with President Biden for several days so he's not considered a close contact with the president I had undoubted interest rates are headed up We've got more on that coming up It's 6 43 Cybersecurity update is presented by Felipe Fernández senior director system engineering Fortnite federal We've heard the bad news Federal government networks and data are under relentless cyberattack and are critical infrastructures are at risk More than ever government and industry must collaborate to improve our cyber defenses But there is some good news too With artificial intelligence and machine learning infrastructure is smarter and tools are available.
WTOP
"vladimir zelensky" Discussed on WTOP
"Teddy gelman is our producer the top story we're following for you today shocking allegations against Russian forces in the deaths of hundreds of Ukrainians CBS News special report Ukraine's president has gone to bucha today where dozens of corpses some with their hands bound were discovered after Russian troops withdrew Vladimir zelensky calls it a war crime and vows they'll be recognized by the world as genocide correspondent Vicky Barker is at the foreign desk Ukraine's top prosecutor says more than 400 bodies have been found in towns near Kyiv many if not most civilians French president Macron has added his voice to calls for a war crimes tribunal But Moscow is calling the images faked on the orders of the U.S. Human Rights Watch researcher Yulia gorbunova from Poland Olaf findings a laid out very clearly in the report and I did not see how they can be contested by simply just denying that anything has happened Japan's foreign minister says he'll leave Poland with 20 Ukrainians on his plane as part of his country's humanitarian effort CBS News special report I'm Deborah Rodriguez Amid the accusations of increasing atrocities in Ukraine the U.S. and Western Allies are expected to bring more sanctions against Russia Some of them may further target Russia's ability to transport and sell its oil and gas Some of the countries that actually are buying or still trading with Russia may be targeted as well The ability for Russia to engage on the global stage is another item There is talk about kicking them out of the G 20 That might happen We also think too based on sources telling me that these talks or conversations about talks between Putin and zelensky most likely won't happen now because of this WTO's national security correspondent JJ green And now a special update from the WTO traffic.
Bloomberg Radio New York
"vladimir zelensky" Discussed on Bloomberg Radio New York
"Investigation into the China eastern crash and there is still no trace of the black box that banks has got details it yeah the mysteries continue Paul investigators are now saying that the fatal dive had the jet traveling almost the speed of sound moments before it slammed into the hillside That may complicate the task of course of finding the cause as the plane disintegrated on impact and could cause irreparable damage to the cockpit recorder and the black box Meanwhile NATO is readying further sanctions on Russia This is a national security adviser Jake Sullivan says president Joe Biden will travel to Europe The president is traveling to Europe to ensure we stay united to cement our collective resolve To send a powerful message that we are prepared and committed to this for as long as it takes And reportedly the Biden administration is preparing sanctions on most members of Russia's state Duma It's lower house of parliament On Thursday the president expected to announce sanctions on more than 300 members of the Duma They'll be coordinated with the EU And Ukraine president Vladimir zelensky his spokesman says that he will take part in a video this week special NATO summit to discuss the Russian invasion Meanwhile Ukraine is saying it is ready to widen talks with Vladimir Putin including Crimea and Donbass but adviser to president zelensky Alexander ran a jansky in an exclusive interview says there with Bloomberg says there are red lines to any talks Anything that concerns our sovereignty or territorial integrity that's never going to be discussed Now as far as divine intervention as you say that's good We have to give peace a chance Meanwhile the full Russian assault on miracle continues They're saying that they're about 100,000 people left in Mira pool under attack Russia's end to Japan peace talks after Japan announced the sanctions on Russia Supreme Court nominee catan J Brown Jackson today says she supports law enforcement fully and has members of police and her family She also says that her decisions though will be based on constitutional law I believe that judges are not policymakers that we have a constitutional duty to decide only cases and controversies that are presented before us and within that framework as she says also based on law She feels roe V wade abortion law has already been settled in court China endeavoring to build more than 60 makeshift hospitals to tackle COVID national health commission says each province should build at least two to three makeshift hospitals in quick fashion China's COVID zero policy requires anybody infected to be admitted to the hospital and reports out of a Shanghai that there is a new surge there that they're dealing with in the country And president Xi's health czar says China should stick to its strict COVID zero strategy despite anything that Hong Kong does And New Zealand's Jacinda Ardern says that New Zealand needs to be prepared for future COVID variants that they're just not going to go away In San Francisco I'm at Baxter this is Bloomberg Doug all right Ed thank you Dan Schwartzman's with us for a look at global sports.
Bloomberg Radio New York
"vladimir zelensky" Discussed on Bloomberg Radio New York
"120 countries This is Bloomberg radio Now a global news update this is a special report the Russian invasion of Ukraine China is not showing its cards on whether to align with Russia during the ongoing invasion with Ukraine White House press secretary Jen Psaki said China must decide which side it's going to stand with That followed a nearly two hour call between President Biden and Chinese president Xi and Ukrainian president Vladimir zelensky is working to provide assistance for displace Ukrainians In a video message zelensky reports Ukraine's ministries are in the process of developing a program to help those fleeing or have lost their homes in the war The program will help people find jobs where they're located with providing housing and support Zelensky added quote at a minimum they will receive reimbursement of their utility expenses related to housing the resettled people Biden warns she about implications and consequences of Chinese assistance to Russia I'm Jim Forbes You're listening to Bloomberg businessweek with Carol massar and Bloomberg quick takes Tim steinbeck from Bloomberg radio When they started this 20 some odd teams now we have thousands of thousands all around the world First has given me the opportunity to become better and better into never stop dreaming It is way more than a club Teaching you the skills of life Yes Technology respect the work It is more than robots That's a new documentary that last week premiered at south by Southwest it is now streaming exclusively on Disney+ It's called more than robots It follows four teams of teenagers from around the world as they get ready for the 2020 first robotics competition Dean kamen is the founder of first which stands for inspiration and recognition of science and technology and he's been on a years long mission to spark interest in achievement in stem education Yeah he's been doing this for a long time We always remind everyone too that he's the inventor of the Segway He holds a variety of patents many many patents In fact his focus though now really has continued to be expanding the reach of first robotics competitions and the minds of young people I've got 3700 corporate sponsors committed to helping first become a reality in every school in the country I have 200,000 volunteer technology people now as mentors working with these teams we have tens of thousands of teams and it's almost exclusively a volunteer organization It's driven mostly by passion by smart parents smart teachers smart industry leaders smart government leaders that recognize unless you give kids a shot at understanding what really will be their future if they embrace technology and develop that muscle hanging between their ears This world is going to be a great place but if anything I think first is now becoming more accepted because 30 years ago I told everybody you can all try to solve the problem we don't have claiming that our educational systems are lacking And instead why don't you go after the real problem in a free society where you get the best of what you celebrate 30 years ago and even still to this day all the heroes particularly to young women particularly to minority kids all their role models and heroes come from the NBA the NFL Hollywood Motown they don't see young adults successfully pushing ahead in careers in science technology engineering mathematics inventing and it's not that those things really are not every bit as fun as accessible as bouncing a ball It's just we have a culture that made sports superstars crowd out everything else but a sportswear all I did was very simple You steal a good idea that works I said let's turn science technology and engineering into a sport And then we'll attract all the kids that already love sports They love the competition They love the excitement but let's let them develop that muscle hanging between their ears It'll be the only sport where every kid on everything can turn pro Right There are millions and millions of jobs out there In the technical fields Dean take us back to your childhood though and talk to us about how you were inspired at an early age And how you see that not happening today I mean what did you have access to in your childhood that you want to recreate for children today As a kid my parents didn't mind that I did a lot of take read I took off to their basement I started building things I bought both meters and oscilloscopes and played it Were you taking it apart appliances on your parents Yeah I did all of that stuff But I got as a teenager I started making money doing technology for people And I realized that most kids don't see the power of that And I also realized my mom is a teacher And I realized just the way school work goes you're intimidated in a classroom learning equations And if you don't get them right you get a red mark Where is that same teacher becomes the coach after school And if you didn't hit that ball or you didn't get that basket just this teacher that's required to be judgmental in the classroom becomes this coach That's so nurturing that helps you after school And I said no one the kids love sports No wonder they're intimidated by science and physics and that Come on Let's get those teachers The opportunity to coach a team that's using all the things that we claim a valuable about other sports that's using teamwork and exciting stuff to give kids the skill sets they need to build a future I want to talk a little bit about where we are as a society and trying to really understand how we can get more kids into stem And what we need to do as a country in order to do that And I want you to draw parallels between again how you were able to get inspired and lead the life that you have and how you can in turn see that happening with kids today I just have to say the world has changed so much And I wonder if we have the educational infrastructure in place today Four kids to thrive like they did In the 1960s So I believe we have the educational infrastructure Everybody I know has a teacher that they think changed their lives We've got the best systems in the world We spend more per CAPiTA on education than anybody in the world That's the whole point at first was it's not an education crisis It's a culture crisis It's not what we don't have enough of It's what we have too much in a rich culture and a rich society We've been able to turn leisure time into a phenomenon We've turned sports into something bigger than life itself And it's crowded out to kids the idea that they can excel at something else They can become superstars in some other way and the entire premise of first Look at our name For inspiration and recognition of science and technology kids will always do better at something if they're inspired to work hard at it That's why the U.S. is still leads the world in sports and in entertainment and Hollywood and the NBA So we just said let's take that model and create a sport that will be available to all kids Again particularly women in minorities in the United States that are so subtly but effectively convinced by the time they're even in middle school that science technology and engineering is difficult It's frustrating It's boring It's only for the gifted view And ironically it's where all the big jobs are going Well so these kids have to get into it early You took me exactly where I want to go Tim and I were part of a Bloomberg live event It was all about work shifting and just how things.
WTOP
"vladimir zelensky" Discussed on WTOP
"Dot com and schedule your free estimate today It's ten ten President Biden is calling Russian president Vladimir Putin a war criminal as the atrocities in Ukraine mount and the president of that nation begs the U.S. Congress for more military assistance WTO's Dmitri sodas talks about the label of war criminal with William hartung who covers national security and foreign policy at the Quincy institute for responsible statecraft I think he's seeing what's happening on the ground in Ukraine which I think is heart rending for all of us to witness And I think that may have gotten him to that point of using that designation Whatever happens is going to have to be some sort of negotiated end to this So that may also be why he waited a bit to use that kind of rhetoric Who's to say how it ends When it ends but wouldn't this perhaps inflame Putin's emotions a bit to be called that I think there's a danger of that Of course Putin's already fairly inflamed on many fronts But I think there is that risk But I think probably what's most important is defensive support for Ukraine and making sure we don't escalate to position whether it be U.S. Russian direct combat And being willing to lift the sanctions if there's actual movements by Russia to get out of Ukraine So I think the strategy needs to hold firm and the rhetoric may or may not make a huge difference at this point Well you kind of walked us up to the rest of the days Ukraine news that impassioned plea from Vladimir zelensky the nation's president He told Congress he's got Pearl Harbor and 9 11 in his country every day and $800 million worth of weapons and aid now going to Ukraine from the U.S. How would you assess where we are in this war with that new equipment coming Well I think it remains equipment for inclined to defend itself which I think is fine I think ideally Ukraine is able to resist enough to help its position and bargaining away out of this I don't think we want to see a long war but obviously there's many players besides the United States who will decide that I think the one thing that president zelensky said that I think is a nonstarter is the notion of a no fly zone Because it raises the risk of direct U.S. Russian combat and you don't want that between two nuclear armed powers Something that zelensky I saw him on Sky News in Britain perhaps a week ago and he said eventually they will close the sky That's his expression for the no fly zone He thinks that's going to happen sooner rather than later and I guess his argument is why not do it now before Putin tries to roll into Poland Now we don't know that Putin is going to do that but does zelensky have a point that no fly zone could be delayed but not necessarily a never done Well there's not a lot of support for it even though he made an impassioned plea Biden administration has been pretty firm but not doing it President Biden said it would lead to World War three potentially As did senator Rubio from Florida so there's been some Republican criticism as well There's been polls that say only about 25% of the public supported once they realize what's entailed It's actually involves combat It's not just kind of a rule that has to be followed So I think there will be mountain calls partly based on the eloquence of president zelensky's presentation But I think things will hold And that there will not only be a no fly zone William hartung is a national security and foreign policy expert at the Quincy institute for responsible statecraft He was on Skype and coming up on the commander's making roster moves while the wizards could have used a little magic tonight It's ten 13 Moments like making my kids my famous meatballs mean a lot to me But after being diagnosed with metastatic breast cancer or NBC which is breast cancer that has spread to other parts of the body they mean even more I take IBRANCE Cabo cyclop IBRANCE 125 milligram tablets with an aromatase inhibitor is for postmenopausal women or for men with HR positive her two negative NBC as the first hormonal based therapy Ask your doctor about eyebrows and visit IBRANCE dot com IBRANCE may cause low white blood cell counts that may lead to serious infections IBRANCE may cause severe.
WTOP
"vladimir zelensky" Discussed on WTOP
"Capital actually This morning CBS congressional correspondent Scott McFarland starts with Ukrainian president Vladimir zelensky's upcoming address to Congress this Wednesday midweek Wednesday 9 a.m. it'll be a virtual address from the president of Ukraine President zelensky to the U.S. House and Senate at the capitol visitors center Members only at this briefing No guests are allowed to attend but we're getting the sense that there will be some type of stream available so that we can broadcast or disseminate it to the public This comes not at all in a vacuum though It was just a few days ago Congress approved a new federal government spending plan that included billions of dollars of humanitarian aid for Ukraine and this address comes days after members of Congress from both parties were really pushing on The White House and the administration to make more planes available Somehow some way to Ukraine so that underscores the significance of what happens here Wednesday at 9 a.m. Emergency COVID funding all of a sudden is in doubt What's going on here And are there any plans to revive it get it going Yeah Ukrainian humanitarian aid was included in that government spending plan last week but the COVID emergency funding was pulled out There was concern inside the democratic caucus about how that was going to be paid for They couldn't get agreement with the Senate So they stripped billions of dollars in emergency COVID money out And right now there's no clear passageway to getting that approved both in the democratic House and in the democratic Senate where you need 60 votes At this point that's just dangling out there And I spoke with Republican Richard Shelby of Alabama top Republican on the Senate appropriations committee He says he's of the mindset the money isn't needed that there's already funding there to be used And if that's his position there is no trajectory towards getting that money approved anytime soon Hey one more topic the latest on all these cases piling up linked to the January 6th insurrection What do you know Scott The biggest one yet Enrique tarrio leader of the Proud Boys appears at the federal courthouse in Miami He's charged with conspiracy in the U.S. capitol riot He wasn't there You'll recall he was arrested in December 2020 for stealing a BLM flag from a D.C. church that prosecutors say he was part of the planning and organizing and in his indictment They say he met the day before with the head of the oath keepers Stuart Rhodes.
WTOP
"vladimir zelensky" Discussed on WTOP
"Welcome to the weekend This morning war perspective from abroad It's London calling Mister Vladimir zelensky that very brave president of the Ukraine has been an inspiration to his countrymen and women but he's also inspired many of us in Europe into uniting has never before Even just in sport the results have been impressive and barely a few days Russia has been kicked out of the soccer World Cup the Champions League soccer final has been taken away from St. Petersburg in Formula One motor racing this year's Russian Grand Prix has been canceled Even rugby is world governing body has banned all Russian teams And the European Parliament in an emotional display of solidarity stood and applauded president zelensky as he spoke to them via a video link So if one of mister Putin's motivations was to divide the countries of Europe the results from this invasion has been the exact opposite and not just in our total commitment to Ukraine Here in Britain questions that have been rumbling for years are coming to the surface Questions about the level of Russian interference over our daily lives Cash donations by Russian interests to our political parties are a concern Russian hit squads sent here to murder exiled opponents of president Putin are an outrage But then on each occasion what did Europe do Well we often thought that not much else That's the lesson that mister Putin took when planning this invasion he gambled that in the end Europe would be split and ineffective But he looks like he got it utterly wrong His war on Ukraine has brought so many of us in Europe together frankly we never realized we had so much in common That's.
WCPT 820
"vladimir zelensky" Discussed on WCPT 820
"Where was I Sorry I'm talking amongst myself Can I just say uh not only is that Vladimir zelensky a badass but also the mayor of caves Heavyweight boxer Yes It's right there Yes They posted drone footage to Twitter showing a column of Russian armored vehicles and tanks being destroyed in an attack that may have killed the regiment's commander And they said dear Russian invaders don't even try to reach key that is too hot to handle for you Wow I got to say the footage of like one farmer with a tracker had captured a Russian plane was towing it right them to capture the Russian tanks and using them against it's just it is It's a David and Goliath story You can't help it It's okay I mean this chemical weapons talk is really because this is what happens when you are a murderous thug like Putin and you are starting to lose you're up against the wall Yeah But anyway but the stories are really the best Our favorite the lady with the you know The seeds No Tomatoes tomatoes It's not pickles It took out a Russian drone with a jar of tomatoes Pickled to me Pickled tomatoes and flaws Yeah Yeah and also the Patreon show yesterday We were able to play sunflower lady without the bleeps Yes Because of the way you don't meet the fockers that's how she pronounces it Yeah So I feel like we probably could play it on bleed here because she's not really saying she's saying ack Right But just to be safe we believed it anyway The sunflower seeds My house now Get out Get out bull in China shop Out of my house What's wrong.
WTOP
"vladimir zelensky" Discussed on WTOP
"From Ukraine CBS News special report President Biden announces another sanction on Russia Today I'm announcing the United States is targeting the main artery of Russia's economy We're banning all imports of Russian oil and gas and energy The move comes as gas prices have spiked to all time highs in the wake of the Russian invasion despite U.S. efforts to release oil reserves and ramp up supply Ukraine's president Vladimir zelensky has thanked President Biden for the ban and is encouraging other nations and leaders to follow suit It comes just after he made this plea to British lawmakers We will fight in the forests in the failed on the shores In the streets That via interpreter the UK has pledged humanitarian aid CBS News business reporter Jason Brooks says McDonald's is closing more than 800 stores in Russia That will deprive Russians of Big Macs in the meantime McDonald's says they will continue pain at 62,000 employees in Russia during the shutdown CBS News special report on Matt piper Meantime members of Congress are glad to see The White House is moving ahead with the ban on Russian oil imports WTO's Mitchell Miller on Capitol Hill Bipartisan congressional support for the ban had put pressure on the president to go ahead with it Lawmakers say it's important to send a message to Russian leader Vladimir Putin that his attack on innocent people in Ukraine won't be tolerated Texas Republican senator John cornyn is among those who have been pushing for the ban There's no reason why we should rely on anyone else let alone a power hungry dictator for our basic energy needs Congress is also now considering a larger aid package for Ukraine of $12 billion which would include military and humanitarian assistance On Capitol Hill Mitchell Miller WTO WTO national security correspondent JJ green has been following some explosive developments from one of Russia's own spies that's turned to a whistleblower A document from this by leaked out a few days ago and after some vetting appear to be authentic and it says the Russian invasion of Ukraine is doomed to fail JJ what do you know That's right this letter comes from an angry FSB operative who says they have no idea who came up with the plan to invade Ukraine but the whole thing has failed It says your forces are overstretched more than 10,000 have been killed And this extraordinary document says even the commanders don't know how many troops are alive dead or what they're doing It says this blitzkrieg has failed It's simply impossible it says to complete the task now And it also says it's impossible to speak truth to power It says they would be killed instantly It says also they're being pressured to write fake reports to satisfy those at home This is a very damaging report that is revealed more about the crisis that Vladimir Putin is facing at home Reporting live JJ green WTO news Well JJ with this new sign that things aren't going well for Putin has there been any response to this They have been absolutely quiet about this This came out several days ago but just only within the last 24 hours has it essentially been verified But president Vladimir Putin today did something that was telling He signed a decree banning the export of products and raw materials outside of the country on December 30 by December 31st And he says it's in order to ensure the safety and smooth functioning of industry And he says a decree ensure the application of the following special economic measures by the end of the year Hey JJ thank you so much You're welcome WTO national security correspondent JJ green Up next on WTO breaking news in the first jury trial involving the capitol riot It's two 36 It's conference championship week in college basketball and FanDuel sportsbook as an offer You don't want to miss Dave Preston here Write down new customers can place their first college basketball bet Risk free And if you don't win you'll get up to $1000 back Coach case final tour of the ACC I'm sure duke will get some calls and some wins I like the blue Devils Take a chance at the same game parlay bet jump into the action with live betting or bet with big promotions like odds boosts If you've been thinking about joining FanDuel.
WTOP
"vladimir zelensky" Discussed on WTOP
"Service 7 days a week It's 9 20 on WTO Now the latest on Russia and Ukraine as the war continues to ramp up Russian forces are shelling Ukraine's second largest city car cave rocking a residential neighborhood at least 11 people are reported dead that figure coming from the Ukrainians meantime the Russians are closing in on the capital Kyiv in a 40 mile long convoy of hundreds of tanks and other vehicles in a late night address Ukraine's president Vladimir zelensky is asking for the world to enforce a no fly zone over Ukraine He says we have been waiting for 30 years Today I signed the application to join EU but we fought for our right to be together with everyone in Europe Talks between Ukraine and Russia aimed at stopping the fighting yielded only an agreement to keep talking amid ever growing international condemnation Russia finds itself increasingly isolated while also facing unexpectedly fierce resistance on the ground in Ukraine and economic havoc at home National security correspondent JJ green reports Vladimir Putin is feeling intense pressure from the people who provide him with money to stop the war Those financiers are feeling extraordinary pain from the global sanctions A mass in Arlington Virginia brought hundreds together to pray for peace and justice in Ukraine We did something very powerful today Bishop Michael burbidge of the diocese of Arlington led the mass for peace and justice and Ukraine throughout the world.
Bloomberg Radio New York
"vladimir zelensky" Discussed on Bloomberg Radio New York
"To you Satellite images have captured a three mile column of Russian tanks and troops moving towards Kyiv Ukrainian president Vladimir zelensky has said the next 24 hours will be a crucial period for his country He is though agreed to talks with the Russians on his country's border with Belarus The European Union is going to supply weapons to Ukraine the first time it has done that for a country at war Vladimir Putin has ordered Russian nuclear forces to be put on high alert as Belarus is reportedly planning to send soldiers into Ukraine in support of Moscow as soon as today Now Russia's Central Bank has more than doubled its key interest rate from 9 and a half to 20% It has also banned brokers from selling securities by non residents and a bid to shield assets from western sanctions The move comes after the U.S. and EU agreed to punish the Central Bank potentially blocking access to much of the government's $640 billion of reserves The UK government has also announced it will prohibit any citizen to transact with Russia's Central Bank or a wealth fund And in other news away from Ukraine Hong Kong has reported a record number of COVID infections while shifting its strategy for dealing with the virus more than 26,000 new cases and 83 deaths were recorded yesterday authorities are adopting an online self reporting system for residents and hospitals will discharge COVID positive patients in a stable condition Local media reports officials are not ruling out a city wide lockdown 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 This is Bloomberg Caroline Thank you so much Lee and garand's Now the invasion on Ukraine will have untold consequences for the people of Ukraine for business and market reaction that has also been swift to effectively war in Europe Bloomberg intelligence is looking at how the developing conflict intensifies the market's underlying focus on inflation on Central Bank policy on profit margins and also possibly on China Joining me now has been big intelligence is senior European equity strategist Tim Craig head Difficult to talk about stock markets at a time of war but that is our focus and we have seen incredibly swift impact this morning Indeed and I think with the announcement over the weekend of the swift curtailment in various ways that we're set to have another leg down like we did on Thursday Obviously futures are down significantly And you think about Thursday was a big reaction We had just as much of a bounce back on Friday And I think we're going to give all that back again today The interesting thing that you mentioned right up front is this isn't you can't take this situation in isolation We've had a sell off since the beginning of January And that's been driven by worries about inflation that have an impact on very elevated profit margin levels And that feeds into the sustainability of profits And that's what's been driving certain elements of the market to be underperforming And at the same time there's the idea about central banks tightening to combat inflation And that's been lifting certain segments like banks The Ukraine Russian situation accentuates some of those issues And it pulls back some of those situations you know potentially Central Bank tightening And that's the intrigue within the context of just the inter sector relationships you're seeing in the market today So what is defensive in this scenario What is not It's $64,000 question It's interesting that the sell off on Thursday was a little bit of a classic risk off You did see some cyclical groups down and you saw some defensive groups up but not pervasively The best groups on Thursday were energy and materials The worst beaver mon Thursday was banks And that goes back to that dynamic that I just mentioned a moment ago I think what's a defensive in today's market is if you produce material Commodities What's not if you have to buy that So that could be a Staples company that's buying elevated agriculture That could be an industrial company that's buying elevated metals And banks could be on the short end of the stick for a little while because the whole story there has been rising net interest margins with a rising interest rates And if that backs off because central banks have to take a foot off the brake because of what's transpiring that could defer the backstory for a little bit Okay Tim thank you so much for being with us Tim Craig head it's been a big intelligence.
WTOP
"vladimir zelensky" Discussed on WTOP
"CBS News special report and adviser to Ukraine's president now reports more than 40 people killed so far as Russia's military acts on Vladimir Putin's orders and attacks Ukraine on several sides And a Russian ally that has hosted Russian soldiers is viewed there as a big threat to the Ukraine and capital correspondent Charlie dager is there We're about 250 miles from the border with Belarus That's why there's a concern It wouldn't take long for Russian forces to advance here It's also not very well defended by Ukrainian the Ukrainian military which is largely concentrated out in the east where they have been battling Russian backed separatists and where they're expecting an incursion from Russian forces Correspondent Holly Williams is in Ukraine's second largest city Ukraine has now declared martial law one official says that they are distributing weapons to veterans and volunteers And then we heard this address from a rallying address from Ukraine's president Vladimir zelensky after this assault began urging Ukrainians not to panic and saying you are courageous You are unbroken You are Ukrainians Where does all that leave the Ukrainian defenders They're going up against a superior force It is not at all likely that they can fend off the Russian military National security correspondent David Martin President Biden spoke to Ukrainian president zelensky overnight He plans to speak to the nation and the world in the afternoon CBS News special report I'm Tom fody Stay with WTO P and WTO P dot com for the latest as this story continues to develop 5 23 here the Maryland House has advanced legislation that would legalize recreational marijuana in the state if voters approve a constitutional amendment in November The house gave preliminary approval yesterday to two separate bills the first would put them at around the ballot the second includes steps that would be taken on moving forward if voters approve A final House vote is expected tomorrow The Maryland Senate would still need to approve that legislation Up next in money news the Russia Ukraine conflict having an effect on oil prices this morning It's 5 24 If you've tried.
Bloomberg Radio New York
"vladimir zelensky" Discussed on Bloomberg Radio New York
"That any assembled Russian forces move across the border That is considered an invasion and there will be severe consequences Ukraine's president Vladimir zelensky has spoken directly to the people saying there is no such thing as a minor incursion and telling his people not to panic He says a U.S. understands USS sanctioned three groups in China for engaging in missile technology proliferation Maryland governor Larry horgan says that the trending in all COVID categories is getting better it's going down cases in the U.S. overall did increase though day to day by 1.5% U.S. Secretary of State Antony Blinken says time is running out on the U.S. ability or intention to reenter the Iran nuclear deal says a couple of weeks and China saying that it warned away a U.S. warship in the South China Sea U.S. denies it but says a ship was in the area keeping the shipping lanes open In San Francisco I met Baxter This is Bloomberg Juliet Thank you Ed Let's get back to Jim McDonald Northern Trust chief investment strategist joining us on the line from Chicago You were just giving us your views on China and EM in general When we look at the South Korean data that rhyme was just talking about there is that an encouraging sign that we are perhaps starting to see hopefully some alleviation relief to the supply chain crunch and that the pandemic is continuing the recovery I should say is continuing even though we have these very strict rules in the face of on the cron Juliet I think that is the case there has been other data that would agree with that if you look at global industrial production in the fourth quarter of rows at a 12% annualized rate after contracting in the third quarter and we've seen some great numbers out of some of the Asian tigers the semiconductor oriented economies like South Korea And then that is fed through to vehicle manufacturing which has been a huge headwind from the semiconductor shortage So we are starting to see some evidence of that However we're now transitioning to concern about wage pressures and making sure that that's not going to be the next leg of persistent inflationary pressures in the developed economies You sound like a value guy And so I'm going to ask you a question about the perspective from Jeremy grantham today He was speaking with our Eric schatzker and he is talking about essentially an unwind of what he is describing as a market bubble here in the U.S. that the fed can't prevent and it will eventually take the U.S. equity market down in the neighborhood of 50% Is that pretty extreme Do you think Well I think you need to see some real economic turmoil for that scenario two unfold The market has had rotating corrections over the last 12 to 15 months whether it started with the spacs or it started then enrolled into very high valuation no earnings IPOs and then it has gone into cryptocurrencies more recently and now maybe some of the more prominent technology stocks So I think we are seeing these kind of rotating corrections within different segments of the market I think you've got to have a pretty dire economic view to see that kind of a decline in the broad indexes So you've given us your thoughts on some of the key fundamentals in the U.S. and also EM What's your take on Europe So we think Europe has got a pretty good recovery path ahead of them It has got a greater value orientation than the U.S. does with a much higher proportion of companies that are oriented towards the economic expansion and the valuations have not increased anywhere close to what has in the U.S. So we actually in our overweights and the equity area are more favoring the developed markets outside the U.S. although we are still overweight U.S. equities also and the European view is a big piece of that recommended overweight So are you fully invested at this point Jim Are you sitting on a little bit of dry powder Do you have cash available No we are overweight risk at a really paid off in 2021 and what's interesting is the groups that played the best were ones that actually benefited from inflation So the equity market benefited as company profits grew the network resource and real estate areas within real assets performed extremely well over 20% kind of returns And then lastly we like high yield bonds over investment grade bonds as a way to have exposure to credit and less exposure to interest rate risk So we are await risk and we're going to have a little turmoil here as we get through some of this earnings but we do think as the year unwinds we will see a positive returns out of equities And just very quickly Jim your biggest concern for 2022 Well it's the persistent inflation So if we see inflation not come down towards the level that the market is expecting over the next say two to three years that will lead to higher fed rate hikes and that would put some pressure on the bond markets and on the economy So it's more persistent inflation than we're expecting.