20 Burst results for "Wang Yi"
Bloomberg Radio New York
"wang yi" Discussed on Bloomberg Radio New York
"David west and the day after his address to his nation, Russian president Vladimir Putin met with the chief diplomat from China Wang Yi. This is part of what he had to say after that meeting. Russia, China relations developed like we planned in previous years. Of course, we are waiting for the head of China people's republic to visit Russia. Welcome now, true expert in Russia and particularly in Vladimir Putin. She is Angela stent, senior fellow at the brookings institution, doctor stent is the author of Putin's world, Russia against the western with the rest. And that is out in a new edition SF yesterday, which includes a chapter on the war in Ukraine. And thank you so much for being with us. We heard there. President Putin saying he's waiting for president Xi to come visit him. What is he expecting? He expecting a peace plan is expecting lethal weapons. Maybe he's expecting both. You know, we've heard from the Secretary of State that in fact the Chinese are thinking about providing lethal weaponry to Russia and of course they've been warned by secretary blinken and others that they shouldn't do that. I don't think Putin is interested in a peace plan as your previous speaker said, he thinks that he can toughen this out, that the west will still the unity will fall apart and that in the end he will achieve his goals, although it's really not completely clear what his war aims aren't at the moment. And you wouldn't be able to know that from the speech he made yesterday. So he'd like the weapons, but if he can't get the weapons he just wants more Chinese support and probably also the Chinese may have been helping Russia evade some of the sanctions. So I think economic assistance would be on the table too. And so it strikes me that just watching president Putin, it appears that he has a very different perception of what's going on in Ukraine than what we in the west do. And there's a tendency for us to say, we're right and he's wrong. At the same time, is there anything he's seeing around that would indicate he has to change his views and his economy and the support of his people and his generals. Is there anything causing him to rethink the thing? And not that we can see again if you go back and you watch a read the speech that he gave yesterday gave yesterday, he's just digging his heels in. And he keeps going back to World War II and saying this is just like World War II and the Soviet Union toughened it out then and we endured and we can endure lots of suffering and the west can't do that. So what he's also done I would say in the past years since the war broke out is he's really consolidated his power domestically. He really seems to have no rivals, no one who could take over from him. There are no checks and balances on either his power or really that of the army. So he doesn't seem to be changing his plan. He's going to throw more soldiers into this new spring offensive, get more ammunition, get more drones from the Iranians and just keep fighting on. And from your wonderful book, Putin's world. I took away that he's a very smart man. He's a clever man, certainly a cunning man. How can you look at this situation and not think I've got to have a plan B? I think that we see the effects of two years of isolation during the COVID period when he really wasn't interacting with any world leaders. He was just surrounded by a small group of people who reinforce all of his prejudices, his view that the west is out to get him. So he really seems to be quite blinkered in what he understands. And he's convinced himself that U.S. native support for Ukraine is step one of a purported attack on Russia in the future. And so he's really blinked and I think by his own particular view of the world, which of course is very different from the way many of us are seeing this war. Angela, one thing we heard in that address yesterday was president Putin saying that he's going to suspend as I understand it. Not withdraw from suspend participation in star two, which is I think the last nuclear control nuclear arms control agreement we had with Russia. How concerned should we be about the effects of that? I think we should be concerned. So the treaty goes until 2026. And what Russia has done is it's suspended its participation in regular onsite inspections. Part of that treaty says, we inspect their facilities. They inspect us. So we have some transparency into what the other side is doing. And if we can't see that, then we don't really know what the Russians are doing. I think the more worrying issue is, if nothing is replacing new start, which expires in 2026, and we were supposed to be having discussions with the Russians before the war began about what would be a follow on to that. Then we would lose, as you said, the last remaining uncontrolled agreement with Russia. This goes, it goes back to the 1972 soul treaty that president Nixon signed with a leader abrasion at them. And so there's really nothing to prevent either us or the Russians from engaging in a new arms race, but also nothing to prevent other countries from deciding or maybe the world's a dangerous place and we need to have our own nuclear weapons. So proliferation could really be one of the consequences if we do not renew or have some follow on to the start treating in 2026. And finally, Angela, as much as the west has succeeded in it being unified in the response to Russia, they have not had much success in apparently getting president Putin to rethink what he's doing. Tony blinken, the Secretary of State evidently pressed Wang Yi, the senior diplomat from China over in Munich to say, can you help us some with Russia? Assuming familiar, it's a big assumption that in fact, president Xi were willing to intervene in any wish of form. Would president Putin listen to him? That's a great question. And we're not, I mean, it would depend what the Chinese were offering. But I mean, Putin is insisting that there are minimum at least the four territories that he says are annexed to Russia and which Russia doesn't fully control that Ukraine would have to make significant territorial concessions to Russia. And I think anything short of that if the Chinese proposed something else, he probably wouldn't take it seriously. But we might the Chinese say that they're going to present a peace plan very soon. So we might see them present one and what we might see, let's just say, okay, let's think about let's discuss it and try and put the onus on the Ukrainians and to make them look as if they're not interested in peace. It's fascinating it's always so educational to talk to you, Angela. She's senior fellow at the brookings institution. Thanks so much for being here. Coming up back to back Supreme Court arguments on the future of social
Bloomberg Radio New York
"wang yi" Discussed on Bloomberg Radio New York
"Prepares to mark one year since Russia invaded Ukraine, President Biden is expected to announce new sanctions on Moscow in the coming days. Meanwhile, China's top foreign policy official has been meeting with Russian president Vladimir Putin this morning. Amid those U.S. warnings that Beijing is considering sending lethal aid to Russia. In a thinly veiled reference to the U.S., Wang Yi says Russia and China will not succumb to pressure from other countries. Russian president Putin yesterday pledged to continue the war, Andre kosarev is the former foreign minister of the Russian Federation under Boris Yeltsin. He tells ABC there is little to discourage Putin from continuing the bloodshed. He bought on the manpower. He has almost unlimited canon for this war. Former foreign minister kosarev also says Putin, telling his people to get ready to resume nuclear weapons tests, is intimidation. States in the northern plains are largely shutting down ahead of a massive winter storm that could dump up to two feet of snow in some areas. The winter storm will have major impacts on St. Paul, Minnesota over the next three days, mayor Melvin Carter. We expect it to have major impacts across the twin cities on every aspect of life every aspect of city operations for the rest of this week. Meanwhile, Minnesota's governor issued an emergency
Bloomberg Radio New York
"wang yi" Discussed on Bloomberg Radio New York
"All right, thank you, Paul. U.S. president Joe Biden surprised visit the Ukraine in the hopes of rallying new pledges of help from European allies for Ukraine, zelensky addressed the president of Vladimir zelensky addressing the gathering saying that he extended words of gratitude personally to President Biden. Biden promised an additional nearly $500 million of military aid and in Poland will meet with Eastern European leaders to make sure that they are on the same page. Now, the rhetoric and outright barbs between China and the U.S. have not cooled off, but have escalated over the past couple of days. We're joined here live by Bloomberg Beijing executive editor John Liu. John, let's start with the paper published by Xinhua that in essence criticized the U.S. across the board from military to cultural, very pointed. Yeah, these are long-standing issues that China has had with the United States specifically in the western general. The idea that they are doing things to try and contain China's rise be it economically, politically, military wise. And that everything that's happened Vis-à-vis the U.S. when it comes to chips when it comes to tech and around the world has been done to try and hold down China's China's rise. And so this coming now obviously is interesting with Wang Yi having just met with secretary blinken and headed to Moscow, but again, these are long-standing issues that China is again voicing out. Yeah, and Wong, as a matter of fact, you mentioned him. I said today that China is a neutral player and they'll endeavor to broker a Russia Ukraine peace. How does that play? Well, I think throughout the war, China has tried to frame its role as being a neutral, a neutral party to everything, not involved, but I think that has been a very hard argument to make, especially to the United States and to Europe. China has at places like the United Nations, has rhetorically supported Russia, Chinese diplomats have argued that it was NATO's expansion that sparked the war not Russian aggression. So it is a very hard thing to try and paint China as a neutral broker trying to bring about peace, especially when it comes to Europe and the United States. It's a bit of an easier sell in the developing world when it comes to India, Africa, the global south as we might say. Yeah, so that's where it would play. Now, in the past few days, U.S. Secretary of State to Antony Blinken has been very outspoken and saying, he's really afraid as a matter of fact that they have Intel. That China is contemplating, sending a lethal weapons or aid to Russia. Earlier today, he used Joseph borough, said that in his meeting with Wong that he told him China does not plan to aid Russia in its invasion effort. So that is the concern. I mean, is there any water in that whatsoever or anything to indicate that they might do that? So we don't have a lot of detail from secretary blinken about what he said when he had that meeting with Wang Yi. We do know the secretary of Lincoln did say that China has not crossed that line yet. And so we understand and we do the United States emphasize several times that that is a red line they are very intent on seeing China not cross. This would be there would be strong opposition to try to provide a weapons providing other sorts of substantial support to Russia's war effort. It could just be the secretary blinken is again underlying emphasizing that opposition as a warning to Beijing, especially with why you headed to Moscow. And so looking forward, I think we need to see more detail. We need to see more evidence before. We're going to be able to tell if China is actually going to do that. And then the meeting today, between U.S. congressional delegation, Taiwan's president Siam web, when Nancy Pelosi visited, it set off a firestorm in China. Will this be different? I think it will be different. This is not the Speaker of the House, Kevin McCarthy is not taking part in this visit. We have had a large and growing number of congressional U.S. lawmakers visiting Taiwan in addition to European lawmakers as well as Japanese and other countries. And so I think that has been a trend and I think China will not react too strongly to this visit today. But obviously with any visit by the House speaker being number three, the line of succession for the U.S. presidency, that will set off potentially a new mouse from between the United States and China. All right, well, that's the glimmer of hope. Then with all this stuff coming out, John, thank you so much. We always appreciate it. You're a wealth of information. In San Francisco, I met Baxter and on the other side of
Bloomberg Radio New York
"wang yi" Discussed on Bloomberg Radio New York
"This is Bloomberg daybreak, Europe. I actually think the biggest risk to markets is that we don't get a recession in 2023. The demand for products will probably step up so we anticipate there to be a solid demand this year. You're going to see in the UK the Central Bank having to respond to really bad data. We must have cleaner energy. We must make sure that the energy is secure, reliable, and affordable. Bloomberg daybreak, Europe, on Bloomberg radio. It's 9 31 a.m. in London. I'm Lizzie burden, and I'm Caroline Hepburn. This is no big day back here. When we check the markets for you all day long here on Bloomberg radio and I have to say Caroline that European equities have just slipped into the red on the terminal. Europe stock 600 is now just .02% down at the FTSE 100 is also down .03%. Asian stocks were up this morning after that optimism from Goldman strategists in a note, the CSI 300 up 2.5% at the MSCI Asia Pacific index up 6 tenths of a percent also playing into markets this morning was that hawkish fed speak from Thomas barking and Michelle Bowman, traders now pricing fully pricing quarter point hikes at the fed's next two meetings, also investors watching the geopolitical tensions between the U.S. and China we've heard lots about that this morning currently the Bloomberg dollar spot index pretty flat up .01%. Okay, those are the markets, speaking of those tensions they do remain high between Washington and Beijing. That's after the U.S. Secretary of State Antony Blinken exchanged blunt messages over the balloon fiasco and Russia with his Chinese counterpart Wang Yi. Concerns that we have that China is considering providing lethal support to Russia in its efforts in Ukraine. And I was able to share with him. As President Biden has shared with president Xi, the serious consequences that would have for our relationship. That was Anthony blinken appearing on CBS's face the nation yesterday shortly after he met with Wang Yi. Now here's what his Chinese counterpart said about the recent downing of the suspected spy balloon. This is I would say absurd and hysterical. This is a 100% abuse of the use of force. China's Wang also rejected what he called the U.S.'s finger pointing when it comes to Russia after blinken warned that China may supply weapons to Russia. Bloomberg understands that the prime minister Rishi sunak is preparing to unveil a deal with the European Union on Northern Ireland if an agreement can be reached, it could help to reset relations between the UK and the EU three years after Brexit. Speaking to Bloomberg's murder Tao at the Munich security conference, sunac explained why the deal is needed. The way that the protocol has
Bloomberg Radio New York
"wang yi" Discussed on Bloomberg Radio New York
"President's day equities and fixed income closed. Shanghai, comp a rising one and a half percent hang seng indexes up by 8 tenths of 1%. The dollar this morning, little change slightly more negative traders fully pricing in two quarter point rate hikes from the fed over the next two meetings and oil prices are gaining 8 tenths of 1% half Brent crude futures seems as if China reopening is dominating in the ore markets more than the worries around the fed Stephen. Our top stories this morning, the top diplomats from China and the United States have traded barbs in a sign of worsening ties in their first in person meeting since the Chinese balloon was shot down above the United States, takuya state Anthony blinken was blunt. I made very clear to him that China sending a surveillance balloon over the United States in violation of our sovereignty in violation of international law was unacceptable and must never happen again. Blinken there on CBS's face the nation shortly after he met with China's foreign minister Wang Yi, who called the balloon incident quote hysterical. This is I would say absurd and hysterical. This is a 100% abuse of the use of force. Wang Yi refused to even call his conversation with Anthony blinken and official meeting, arguing that the two only spoke because the U.S. made a request, the souring mood goes beyond rhetoric though as America is concerned China is weighing whether to give Russia weapons for the war in Ukraine. The growing sense of unease between the two superpowers comes as Goldman strategists say Chinese stocks of the potential to rise by 24% this year, Bloomberg's Brian Curtis has more from Hong Kong. Goldman thinks the recent sell off of Chinese stocks will reverse and that MSCI China can hit 85 by the end of the year. That's up from around 70 now. What's interesting about this call is that the strategists say that the rise will be led by earnings and not just multiple expansion. Some investors might quibble with this given the rise in geopolitical tensions of late and the property crisis. But the bank sees a shift from reopening to recovery. That will deliver windfall profits for business. In Hong Kong, Brian Curtis Bloomberg, daybreak, hero. Now, Bloomberg understands that the prime minister Rishi sunak is preparing to unveil a deal with the European Union on Northern Ireland. If an agreement can be reached, it could help to reset relations between the UK and EU three years after Brexit. It's been to Bloomberg's Maria judeo at the Munich security conference soon at cautioned that nothing has been finalised. There is still work to do. There are still challenges to work through. We have not resolved all these issues. No, there is
Bloomberg Radio New York
"wang yi" Discussed on Bloomberg Radio New York
"First, trading day of the week in Asia, I love it talk in the morning in Tokyo will be on the lunch break in about 30 minutes from now. If you're joining from Japan or anywhere in the apac good morning, I'm Doug prisoner at the Bloomberg interactive broker studio in New York. And I'm Paul Allen in Sydney, one minute past one Monday afternoon. Here, the ASX looking pretty flat and it's a kind of a black lust picture and the region really duck. Yeah, it is. And because of a holiday here in the states, I think that may be having some impact as well Paul, U.S. markets will be closed to observe a president's day. So we're not having any trading in U.S. sovereign debt in the Tokyo session. In the equity market, we've got the nikkei rising just a tenth of 1%. Now we did have the NASDAQ golden dragon China index down last Friday here in the U.S. by more than 3%, given the spike in diplomatic tensions between the U.S. and China and right now if you look at the cash market in Hong Kong, the hang seng down about two tenths of 1%. But a little bit of positivity on the Chinese mainland with the Shanghai composite up by about a half of 1% in Seoul that cost be better by about a tenth of 1% and as Paul mentioned the market in Australia essentially flat. The dollar picking up a little bit of ground we were weak in the state's Friday, given the fact that U.S. yields moved lower. Now I mentioned the fact that we're not having any trading in U.S. treasuries today, but in the Friday session, the ten year was down just about 5 basis points in yield. So here we are last quoted at three 81. The yen quite a bit weaker one 34 50 or thereabouts off against the greenback by around three tenths of 1%. We've got a lot of economic data to consider in the week ahead the critical number comes Friday with the U.S. PCE. That is the personal consumption expenditures price index. It's the fed's preferred measure for inflation will also have minutes from the last fed meeting they will be out on Wednesday. We'll take another look at markets in roughly 15 minutes. Paul. Oh former treasury secretary Larry summers says it's too soon to argue that the fed should have reaccelerated pace of rate hikes next month. He said it should avoid locking itself in with any kind of strong declarations. The risk is that we're going to hit the brakes very, very hard. And then when we hit the brakes very, very hard, that's going to kick in at the same time that some of those negative cyclical dynamics about rising savings and excess inventory and so forth are kicking in. Well, some is added there is real concern about inflation as the fed moves and not having much traction. He thinks high inflation raises the possibility the fed won't land to the terminal rate and the next few months. We go to meta platforms next, this is the parent company of Facebook and it's preparing to launch a subscription service called meta verified. We have that story from Bloomberg Susanna Palmer. The subscription service will include a handful of additional perks and features including account verification badges for those who pay. It will cost 1199 a month for web access or 1499 a month on apple's iOS operating system and on Android. And is primarily targeted toward content creators. The option will be available on both Facebook and Instagram, but they'll be separate subscriptions, subscription offerings have become popular for social networking companies in recent years as a way to diversify their businesses, which are heavily reliant on advertising. Susanna Palmer Bloomberg daybreak Asia. Beijing's top foreign policy official Wang Yi says China and the EU should prepare for a meeting of their leaders. We've got more from Bloomberg's Ivan man. Wang urged his EU counterpart Joseph Burrell to help bring relations back to pre epidemic levels as soon as possible. The two met on the sidelines of the Munich security conference in a statement Wong also asked both sides to resist decoupling. He said the two sides should work together to maintain global production and supply chains and China has been lobbying nations to cooperate on technology. That does a U.S. reached a recent agreement with the Netherlands and Japan. That deal restricts the export of advanced chip making machinery to China. In Hong Kong, I'm Ivan Mann, Bloomberg, Debra Asia. We're going to take a closer look at today's price action with our guest gerardo Riley from dimensional fund advisers will do that after we update global news. U.S. Secretary of State Antony Blinken says he has warned China against arming Russia at Baxter with more from the Bloomberg newsroom in San Francisco Eddie. Yeah, exactly right, Doug, a blinken came out of this meeting with China's State Council Wang Yi in Munich saying the U.S. has credible Intel. And for the most part, China has been engaged in providing rhetorical political diplomatic support to Russia, but we have information that gives us concern that they are considering providing lethal support to Russia. Now blinken on ABC has heard here on Bloomberg says the U.S. and China have to take control of world diplomacy together and work it out. We have a responsibility to manage the relationship responsibly. I think the world expects that of us. It's also in our interest. Yeah, meanwhile, a blinken on the balloon says that, you know, he did the right thing. The balloon attempted to surveil very critical, important military installations. We protected the sensitive information that it was trying to surveil. Yeah, as for the other three balloons of blinken says that in airspace, it could be dangerous a civilian aviation. Meanwhile, China's Wang Yi issued a statement, according to Xinhua that says U.S. should change how it's handling the balloon incident and the speech of the conference he calls it incomprehensible and almost hysterical the way the U.S. acted. He says it was 100% an abuse of military force and clearly violated international norms. Now, there's also a U.S. delegation of congressional members and Munich and senator Lindsey Graham says that he has come out of the meetings with a real fear that China will provide lethal force to Russia as well. To the Chinese. If you jump on the Putin train now, you're dumber than dirt. It would be like buying a ticket on the Titanic after you saw the movie. Don't do this. Does he speak in metaphors? Graham is also strongly urging giving Ukraine the weapons it needs as expeditiously as possible. And South Korea, the U.S. flew B one B bombers escorted by their fighter jets over the weekend. The joint air drill and American bombers in U.S. and Japanese fighter jets took part in a separate exercise, statements say the allies wanted to show aerial force after North Korea's ICBM test earlier in the weekend, but North Korea is apparently responded this morning, Japan's defense ministry first reported it had conducted another launch, NHK saying missiles landed outside Japan's EEZ and then North Korea saying that it did fire two missile launchers and says the area could become a missile test firing range. New Zealand is still trying to recover from cyclone Gabriel. 28,000 homes remain without power. Telecommunications have been severely disrupted. Frisch water is in short supply in some areas and roads have been badly damaged, limiting access to some areas and causing significant delays in others. Prime minister Chris hipkins says thousands of people are still missing 11 confirmed dead. Lives have been tuned upside down. Many people have seen their homes in all of the oppositions completely destroyed. Countless others have been displaced. And P I'm hipkins says supply chains have been disrupted. We'll take a long period of time to fully recover and estimates are the rebuilding will cost billions of dollars. Global news powered by more than 2700 journalists and analysts in over 120 countries in San Francisco. I met Baxter and this is Bloomberg. Thanks, Ed. Let's take a look at some of this market action with our guest Gerard O'Reilly from dimensional fund advisers who joins us from our studios in Singapore. Gerard, thanks for being with us so much to talk about in terms of geopolitical risk. And whether the markets are adequately priced for this, whether it's U.S. China, was noting earlier in the day that many of the defense related stocks of the trade either in Tokyo and South Korea were higher after North Korea fired that suspected ballistic missile. You concerned about these developments or is this something that you think is basically bluster, a lot of hot rhetoric and it really doesn't have or will have a material impact. It Doug, thanks for
Bloomberg Radio New York
"wang yi" Discussed on Bloomberg Radio New York
"Of the hour headline news for that Baxter in San Francisco Ed. All right, Brian, thank you, U.S. Secretary of State Antony Blinken says he's warned China against arming Russia says it has Intel that Russia is considering lethal force weapons. China's Wang Yi issued a statement according to Xinhua where he says the U.S. should not should change how it's handled a balloon incident violated international norms, he says, a New Zealand still trying to recover from a cyclone Gabriel, there are areas without water, recovery estimated it cost billions of dollars. International atomic monitors in Iran last weekend detected uranium enriched levels just below what is needed for a nuclear weapon they say 84% purity. Public support for Japan's prime minister fumio Keisha has edged down slightly in the latest manishi Paul after a former aide may discriminate a discriminatory remarks regarding the LGBTQ community. His rating down 1% to 26%. And South Korea is preparing a domestic rocket development program on its own after the implosion of its partnership with Russia, so revoked a contract with Moscow in favor of European operator to do a satellite launch. In San Francisco, I met Baxter. This is Bloomberg and let's go check in with our sportsman and Schwartzman. Well, Tiger is losing some steam in the final rounds. He looked good early, didn't he? He did. He looked great in round three when I believe he shot a 67 today though what? 5 bogeys at the final round of the genesis invitational. He does, though, it's his first public tournament, by the way, since he missed the cut at the open championship at saint Andrews. Andrews in July finishes at one under for the tournament. This after shooting a two over par in the fourth round. John rondo does win
WMAL 630AM
"wang yi" Discussed on WMAL 630AM
"Making sense of the news. Live from the home paramount pest control studios. Home paramount. Has formally determined that Russia has committed crimes against humanity. We are getting closer to the one year milestone of the Russian invasion of Ukraine and the U.S. continues to send bipartisan military support to Ukraine. Secretary of State Antony Blinken has met with his Chinese counterpart, the first meeting since that Chinese spy balloon was shot down a few weeks ago. This meeting in Munich actually preceding the meeting between secretary blinken and Wang Yi, who is the director of the CCP's foreign affairs commission, he called the U.S.'s response to the airspace intrusion absurd and hysterical, the State Department said that during their meeting, the secretary called the surveillance balloon unacceptable and irresponsible was violation of U.S. sovereignty which must never happen again. Former Secretary of State Mike Pompeo weighed in earlier. Wang Yi is just a an actor and agent of Xi Jinping. We haven't confronted the system in a way that will convince him to fly a slow moving balloon over the United States for 5 days. It's just simply not something we're going to permit to happen. So that massive spy craft has been recovered from the waters off of South Carolina where it was shot down two weeks ago. The White House says a significant amount of equipment has been recovered. Fox is Alexandria Hoff blinken also meeting with his South Korean counterpart promising assistance to soul in Japan with that looming North Korean threat. In North Korea has launched another ballistic missile into the east sea one day after a previous missile launch, Pyongyang say the latest test demonstrates its efforts to build nuclear counter attack capabilities against hostile forces amid heightening military threats by the U.S. and South Korea. And that Memphis police officer who was shot while responding to a confrontation at a library earlier this month has died from
WTOP
"wang yi" Discussed on WTOP
"Humanity. The U.S. previously determined Russia also committed war crimes in its invasion and subsequent bombardments of Ukrainian cities. Also at the Munich security conference, China's top diplomat spoke about the U.S. shootdown of China's spy balloon and three others not linked to China. Regarding the balloons of a U.S. territory, Chinese foreign minister Wang Yi calls the U.S.'s reaction absurd and hysterical. He says the downing of the balloons was, quote, 100% abuse of the use of force. It does not show America's strong. He continued, quote, on the contrary, it shows the opposite. On our CBS News, Munich, the 5 former Memphis police officers accused in the beating death of 29 year old Tyree Nichols, pleaded not guilty. CBS is a least Preston, was in the courtroom. Shelby county district attorney Steve mulroy says there are an additional 20 hours of video that show other angles of what happened. This is an important case. And if we are going to hold police officers who violate the law, accountable, then we need to make sure that we get the prosecution correct. We get it right. Nichols's death sparked a protest nationwide and renewed calls for stricter police reforms. The fired officers face charges that include second degree murder, aggravated assault and aggravated kidnapping. 52 year old Richard Dale crumb has been charged with 6 killings at a convenience store in a two homes in rural Mississippi. Police say crumb left the store and gunned down a woman in her home. At some point, a sheriff's deputy spotted him in a car and took him into custody after a brief chase, but by then four others were dead. Police say two were found inside a home and two more outside near the suspect's house in Archibald. Krum is charged with first degree murder and now his own town is in shock
Bloomberg Radio New York
"wang yi" Discussed on Bloomberg Radio New York
"The Bloomberg terminal that Donald Trump formally enters the 2024 U.S. presidential race. Now, he is due to have a rally or was due to make that announcement of Mar-a-Lago at the top of the hour. If he does, we are planning to carry it live, but apparently somebody got a hold of what he's going to say. So Donald Trump again formally entering the 2024 U.S. presidential race. China now saying that it is willing to help Russia negotiate a peace deal in Ukraine. Poland now saying, indeed, that it was a Russian made missile that hit inside its border, Poland has summoned the Russian ambassador in Warsaw, G 7 is an emergency session discussing response. Poland's a national security meeting to discuss action. Poland is a readying more troops. If they are needed and NATO countries are talking again each other to share intelligence, headline I'd like to repeat is that China is now again saying that it is willing to help Russia negotiate a peace deal in Ukraine and apparently that was talked about yesterday with Wang Yi and Sergey Lavrov before this morning's missile landed inside Poland. In San Francisco, I met Baxter this is Bloomberg. All right, Paul, all right, thanks very much for that. Let's get back to Singapore now and the new economy forum, a Juliet Sally joins us with guest. We do indeed and we have been listening to all those breaking headlines coming through thanks Paul BDA China chairman Duncan Clark joins me here on the Singapore state at the new economy forum. I mean, we've been listening there to the fact that Donald Trump has formally entered the 2024 U.S. presidential race and also Ed talking about China and Russia. We sort of thought we might have an off ramp between U.S. China tensions too with that meeting between presidents Biden and Xi, how are you sort of landscaping the geopolitical landscape? Yeah, so obviously the meeting didn't go badly in the sense that it was cordial, but it doesn't really address the deeper issues. It's maybe one can call it some sort of Botox if
Bloomberg Radio New York
"wang yi" Discussed on Bloomberg Radio New York
"Russian president Vladimir Putin says the United States is out for world domination. Ed Baxter has global news. Yeah, there's a speech to his nation today, rich says the west as a whole has taken steps to escalate conflict in recent months. He points to what he says as U.S. escalation in Ukraine and talk of military action in Taiwan, as well as he says choking supply of energy markets. Again, this Putin talking about the U.S. as for his nuclear weapons threats in Ukraine. He says we don't need a nuclear strike on Ukraine. There is no point. Either military or political. He said Russia had only dropped hints. Meanwhile, China's foreign minister Wang Yi has held a conversation with Russian counterpart Sergei Lavrov and says China wants to deepen cooperations with Russia at all levels. Meanwhile, the U.S. is fearing falling behind both China and Russia in the arms race to deploy hypersonic weapons. It's tested its own today in Virginia, a navy vice admiral Johnny wolf says this will have the capability of operating internationally. This hypersonic weapon gives us the capability to get deep inland in some of the things that we need to do. And most importantly, for what we're doing in the navy by putting in on a ship and putting it on a submarine, it allows us to pretty much go anywhere in the ocean. Have ice admiral says they should be ready to be deployed next year. And with the volatility of the world situation, a new U.S. Pentagon strategy paper today is rejecting a ban on using nuclear weapons against conventional threats. It says burgeoning threats from China and Russia by 2030 may have to be put down in very strong terms. Hong Kong is going to loosen up bars and restaurants allowing them to stay open longer. The limit on operating hours will be scrapped starting November 3rd, camp on the number of people who can sit together will remain, although with 12 people allowed for table in a restaurant 6 in a bar. Nevada, well, the nation is looking ahead, of course, to the midterms in just a lesson a couple of weeks, and then to 2024. Bloomberg Emily Wilkins has spent a week in Nevada on the ground and reporting back to Bloomberg's David Weston on balance of power today. And it'll be really interesting to see what happens with Nevada's unaffiliated voters. They make up about a third of the state. So this is a really good testing ground to see what sort of happening with those who aren't with one party or the other. Emily says, Nevada is just one of the key swing states that is being closely watched for 2022. Then, of course, to 2024 as well. In San Francisco, I'm at Baxter. This is Bloomberg, right back to Hong Kong, Brian. All right, thanks very much. She had 38 minutes past the hour it's time for global sports. Dan schwarzman's here, arsenal struggling in the Europa League Dan. Yeah, Brian, you had an opportunity to clinch the top spot in group a, but they lose time hoping to know meaning the
Bloomberg Radio New York
"wang yi" Discussed on Bloomberg Radio New York
"Coming weeks. Let's get more as we get to Bloomberg's Greater China senior executive editor John. John, this is perhaps a little bit about tariffs, but arguably it's really all about ultimately just perhaps calming things down a little bit and just stopping the saber rattling. I think that's right, rich. The more the president Xi and presidents Biden can speak, either by teleconference or maybe eventually at some point face to face, the better off the relationship you would think would be going forward. Obviously, there are lots of issues, secretary blinken, meeting with his counterpart, Chinese foreign minister Wang Yi spoke at length about the invasion of the Ukraine by Russia, secretary blinking again warning China against supporting Russia, citing the phone call between president Xi and president Putin as another sign of Chinese support for Russia. That will obviously be on the table when president Xi and President Biden do speak. John were also awaiting to hear whether or not the U.S. will ease those tariffs on Chinese products. When can we expect that? So President Biden did over the weekend say that he was considering a rolling back and adjustment of those tariffs, but a decision had yet to be made. We've heard from a different parts of the administration, Catherine tied the trade rep pointing out that the tariffs are a great bargaining chip for when the U.S. does go to the trade table with China. And also hearing from Janet Yellen, the treasury secretary saying that by rolling back some of these tariffs, it could help reduce the burden on the American public, which is going through a terrible bout of inflation at the moment. John, thank you. John knew the Greater China senior executive editor. You got to move now and have a look at some of the first word headlines in one of the reasons why we're seeing Chinese equities on the pressure is because Shanghai reported its first case of the
WTOP
"wang yi" Discussed on WTOP
"National weather service now confirms a tornado in buoy, its size and strength are yet to be determined, and it's still investigating a suspected tornado in shadyside. The house January 6th committee says its next public hearing will be next Tuesday, July 12th at 10 a.m.. Several committee members say the hearing will focus on Trump White House ties to domestic extremism and white nationalism, stay with WTO people for more on these stories in just minutes. Secretary of State Antony Blinken will hold talks with Chinese foreign minister Wang Yi on the sidelines of a G 20 ministerial conference in Bali this week, but he will not be meeting with his Russian counterparts Sergei Lavrov, who is also attending the gathering. During his talks with Wong, blinken will again warn China against supporting Russia's invasion of Ukraine and will use the G 20 ministerial meeting to urge nations to pressure Moscow to support efforts to reopen sea lanes, blocked by the conflict. It's 5 48. Back to the traffic center now with Jack Taylor. They may have they have one lane getting by up in Howard county 29 going northbound as you head up toward I 70, there have been a vehicle fire and crews are on scene it had been blocking according to state highway along the far left side of the roadway. So do it, please follow crew direction. You'll find 40 out in your gambrel park road in Frederick. We'd had reports of a crash. I think your water main break repairs may be continuing, but it sounded like the lanes were reopened in Silver Spring on 29 northbound between Wayne avenue and Silver Spring avenue. Lanes remain closed on Goldsboro road in Bethesda, had an early morning crash this morning in the 4 o'clock hour. It is blocked between river road and Bradley boulevard as the ongoing utility work there were poles damaged that had caught fire when the Transformers blew. Now you will find the beltway looks good through Montgomery and prince George's counties. No worries between the beltways for now, 95 of the Baltimore Washington Parkway we are getting little heavier, south on the BW Parkway running past one 75. 50 looks good between northeast and the bay bridge. No troubles at a southern Maryland, you're moving well, north on four coming out of Waldorf on 5. Even out of akiko on two ten run in northbound. We are still slow, but recovering quickly, Fredericksburg, 95 going in the northbound direction, vdot had been working up near falmouth with just one left lane getting by. I believe all the barrels have been pulled from the roadway beyond it. You're heavy through Stafford, some slowing, Dale City going into woodbridge, clear the aka Kwan though you're good in Springfield, north on to three 95 without delay all the way to the 14th. 66 is looking good at a Gainesville east, no worries so far all the way toward Rosalind. Traveled on route one down to your grove tin street. There we'd had reports of a crash and on the rails, Mark Penn line trained four 13 has been canceled this morning. Summertime is fast playtime, the Maryland lottery just launched three new fast play games with top prizes up to $100,000. Play fast, win fast, but please play responsibly. Jack Taylor WTO P traffic. Storm team fours Mike's doniford, we had those storms yesterday do we have more on the way today? We do. We've got a cold front coming into the region which will then stall. That will lead to some heavy rain because of that. The national weather service is a flood watch
Bloomberg Radio New York
"wang yi" Discussed on Bloomberg Radio New York
"China has announced plans to start easing some quarantine measures in both Shanghai and Beijing Let's get to Ed Baxter in San Francisco with the details Ed I love it when you guys fight over me It just makes me feel warm and tingly all over Yeah that's exactly right Some easing China overall has reported the fewest new COVID-19 cases in almost three months day to day Shanghai has reported out now 31 local cases for may 30th and Bloomberg Stephen engel reports Shanghai will lift measures for residents in low risk areas People in low risk areas will now be able to be to come and go from their compounds public transport is going to be resuming from tomorrow in Beijing and in Shanghai in certain low risk areas Cars will start being allowed back onto the streets You know those video or those live shots of pudong loots with no cars that might start picking up Yeah Beijing is loosened in several districts already started to be loosening as officials say the outbreak in Beijing is under control China has suffered a setback in its effort to ink a sweeping trade and security deal with ten Pacific island countries Fiji's prime minister Frank binet morama says that the islands are united in their approach Beijing's ambassador to Fiji confirming the deal has been shelled and foreign minister Wang Yi threw a translator China will continue to provide assistance to Pacific island countries with no political strings attached There are other urgent matters to be addressed globally Climate change is a common urgent challenge facing all of us China and Fiji will continue to take a constructive part in the global multilateral process on climate change And Bloomberg's been westcott says from China's perspective this is basically a minor setback They are already making rapid rapid strides in this region And although they have a setback from this big multi country agreement that they wanted they are already making rapid gains in this region Yeah Ben says also be dealing with a new government Australia as well Meanwhile Wall Street Journal is reporting arrangements are being made for a U.S. defense secretary Lloyd Austin to meet with China's defense minister Wi-Fi and the shangri la dialog June 10 through 12 And U.S. president Joe Biden says he's come to the realization There's really not much he can do alone regarding gun control He can't do it by executive order but he feels there's a potential shift within the Republican Party to get something done.
Mark Levin
U.S. State Dept. Concerned About China's Influence on Pacific Nations
"But we have something very important I want to tell you And we can't lose focus on this This is from AP and it's reported elsewhere Very very important This is at a New Zealand China wants ten small Pacific nations To endorse a sweeping agreement covering everything from security to fisheries and what one leader warns is a game changing bit by Beijing to rest control of the region A draft of the agreement obtained by The Associated Press shows that China wants to train Pacific police officers Team up on quote traditional non traditional security unquote we know what that means military And expand law enforcement cooperation China also wants to jointly develop a marine plan for fisheries which would include the Pacific's lucrative tuna catch Increased cooperation on running the region's Internet networks and set up cultural Confucius Institutes and classrooms China also mentions the possibility of setting up a free trade area with the Pacific nations China's move comes as foreign minister Wang Yi And a 20 person delegation begin a visit to the region this week In Washington U.S. State Department spokesman Ned price expressed concern about China's intentions Saint Beijing might use the proposed accords to take advantage of the islands and destabilize the region Gee you think
WNYC 93.9 FM
"wang yi" Discussed on WNYC 93.9 FM
"The Al-Aqsa Mosque compound where Israeli police said that Palestinians threw stones at their officers and at Jewish visitors who were preparing to enter and more than a thousand Jewish visitors went there today there were then social media videos that circulated showing some of those visitors holding up the Israeli flag at least a dozen of them appearing to bow down and pray That's a clear breach of long-standing rules in place at the site and that itself has angered Palestinians greatly China's foreign minister Wang Yi says other countries have no need to be nervous or anxious about his current trip to the Pacific region our Asia Pacific editor Michael Bristol reports the Chinese foreign minister made the remarks in Fiji just one stop in an 8 nation tour of the Pacific he arrived there from Samoa where he signed trade and security deals mister Wang's trip is being watched with concern in Australia and the United States traditionally the dominant powers in the region the foreign minister said China was not the country visualized by America He was trying to allay worries about Beijing's intentions in the Pacific He is a slightly to change minds in Cambrian Washington although he is getting a warm reception in the country he's visiting World news from the BBC This is WNYC in New York I'm David first The last of the ten people slain in a racist shooting in Buffalo this month was laid to rest yesterday Ruth whitfield was 86 when she was killed by a gunman who opened fire in a supermarket Vice president Kamala Harris traveled to buffalo for whitfield's memorial service and gave a speech defying racial hatred We will not allow small people to create fear in our communities that we will not be afraid.
Mark Levin
China Wants 10 Small Pacific Nations to Agree to Security Agreement
"This is at a New Zealand China wants ten small Pacific nations To endorse a sweeping agreement covering everything from security to fisheries and what one leader warns is a game changing bit by Beijing to rest control of the region A draft of the agreement obtained by The Associated Press shows that China wants to try and Pacific police officers Team up on quote traditional non traditional security unquote we know what that means military And expand law enforcement cooperation China also wants to jointly develop a marine plan for fisheries which would include the Pacific's lucrative tuna catch Increased cooperation on running the region's Internet networks and set up cultural Confucius Institutes and classrooms China also mentions the possibility setting up a free trade area with the Pacific nations China's move comes as foreign minister Wang Yi And a 20 person delegation begin a visit to the region this week In Washington U.S. State Department spokesman Ned price expressed concern about China's intentions Sang Beijing might use the proposed accords to take advantage of the islands and destabilize the region Gee you think
Bloomberg Radio New York
"wang yi" Discussed on Bloomberg Radio New York
"Options that we can do that will allow us to meet the president's objective which is maximizing the costs in Russia and reducing the costs in the United States and on Europe Our goal is to make sure that the energy market remains well supplied because that's important to the American people But by making sure that energy prices stay low it stars president Putin of the resources he needs to continue to fight the war in Ukraine and also to destabilize the region Mister secretary how important is it to then get more production domestically to encourage the domestic oil and shale producers to actually increase output to create a buffer to give you more tools What I can say is that the most important thing for me to do is make sure that the market today as well supplied And we're doing that in the United States but we're also doing that with our allies and partners Mister secretary thank you for me Let's go back to the question Are you reaching out to domestic suppliers of crude in America Have you spoken to them Devon Energy said to us this week the CEO was mystified that you hadn't reached out to boost production at home Have you done that Have you spoken to domestic suppliers So as you know well the domestic supply of crude right now is at a peak and that it will take time for more supply to come online We're focused on making sure that the energy markets are well supplied today because we want to make sure costs are reduced for American people today and we're depriving president Putin of the resources he needs to fight the war today Over time we need to do more to make sure that the energy market is well supply and we're also focused on that as well You separate a patron at 11.6 million barrels of oil a day back at the start of 2020 north of 13 just looking at that off the Bloomberg terminal What do you mean were the peak My point is that at the moment we are producing a great deal of energy in this country It'll take time for additional energy to come online But what we want to make sure is that as it takes as that energy comes online we're well supplied today because we want to make sure that Americans who are going to the pump today are paying the lowest possible cost So that was the U.S. deputy Secretary of the Treasury speaking to Bloomberg on Friday around the Biden administration and this discussion around a possible ban and Russian all imports into the U.S. Okay we have a couple of interesting news lines They're crossing the terminal So credit agriculture says that their total Russia exposure is about €4.9 billion Ukraine Russia exposure totals .6% of commercial lending So that from Kelly agriculture as we continue to watch the European banks and how big the hit may be from the war in Ukraine Meanwhile these interesting comments formed the Chinese foreign minister Wang Yi who speaking at the briefing in Beijing the regular Chinese briefing that happens around habas 7 London time every morning Quite tough in terms of the U.S. apparently the U.S. wants an indo Pacific version of NATO that is Wang Yi's assessment The U.S. is moving into the indo Pacific and it will disturb regional peace China's Europe policy though is stable and resilient so Wang hopes that Europe develops more independent perception of China So those lines form China this morning from Wang Yi Coming up next on Bloomberg daybreak Europe I'm going to talk more broadly about what happens here in Europe as the Ukraine war enters its 12th day Callum Pickering senior economist at Berenberg is with me This is Bloomberg Markets headlines and breaking news 24 hours a day Dot com the Bloomberg business app Quick take This is a Bloomberg business flash Farm plant based European headquarters here in London I'm Caroline Hepburn with this Bloomberg radio business flash so oil prices shoot up this morning on this discussion around the U.S. mulling Russian energy ban So Brent crude currently a 128 79 up by 9% but it shot up 18% on that discussion according to sources about the U.S. mulling and energy ban Also that ban or cut off means that natural gas imports into Europe have soared too hitting another record high for.
Bloomberg Radio New York
"wang yi" Discussed on Bloomberg Radio New York
"Restructure its ditch repayments to China The country is searching for funds to bolster its foreign exchange reserves in service loan obligations Sri Lanka hosted Chinese foreign minister Wang Yi at the weekend and reportedly made the request then Global news 24 hours a day on air and Don Bloomberg quick take powered by more than 2700 journalists and analysts in more than 120 countries This is Bloomberg Joe thank you very much will the Emirates MBD chief economists will join us cathedral to discuss the economic for the region The art capitol chief portfolio manager in cofounder joins us to discuss asset allocation ideas This is Bloomberg When you think about schools in particular in children where we've seen pediatric hospitalizations actually on the rise amid the spread of this variant Do you think keeping schools open is the right move If you're doing well school is a relatively safe environment for kids Masking tests especially during the surgery cases I think it is a very important for kids to be in school and I think the chance that school becomes an explosive source of new infections is low with precautions 10 million cases in just a week Are we reaching a peak of this wave considering how quickly it is spreading through the population I think at a certain point it really has to slow down and it's probably within a couple of weeks or a few weeks away And that's I think going to be good news The question is can we keep hospitalizations down enough during this period so we're not swamping hospitals It is a confusing.
Bucket Strategy Investing
China's Foreign Minister Wang Yi meets Pompeo in Beijing
"Of state Mike Pompeo has met with the Chinese Foreign Minister invasion. John Clemens has more details. Those tensions involve international trade, commercial theft, rising human rights violations, China's military aggression as well as electoral interference. So the upcoming elections despite those tensions secretary of state, Mike Pompeo said the talks with Langley. We're a good first step. We had a good productive conversation that President Trump. Many steps along the way. Took one of them today was another step forward. And so. Good outcome for all of us.