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Transcripts For BLOOMBERG Bloomberg BusinessWeek 20160611

It is about venezuela, venezuela having some serious Economic Issues pertaining to the weather. We have written a lot about venezuela. Now we are looking at how weather can make bad problems even worse. The economy is ms there. The weather change with el nino and devastating droughts, which have an effect on the economy. Are the repercussions . What do they have to do to adjust this . More. Y have to adjust it is not just agriculture, which is a big problem, but even hydroelectric power. There are more Power Outages and even to the extent the president has said you should use your blow dryer less often. Its making lots of problems worse. People are likening it to syria where theres a terrible drought. Through. S a lot to get can you walk us through what the. Nspiration was behind this how did you come up with that . It is really about inventors. This year we decided inventors was the way to go. They they make the crazy ideas and dreams into reality. There is one interesting piece about

Transcripts For BLOOMBERG Bloomberg BusinessWeek 20160611

Welcome back to bloomberg as newsweek. You can find us on the radio on sirius xm channel 119 and a. M. 1130 in new york and a. M. 1200 and boston, sm 99. 1 in washington, d c and a. M. 960 in the bay area. A look at the century old rivalry between mercedesbenz and bmw. Heres reporter sam grove art. We have a century old rivalry. The two competitors are mercedesbenz and bmw. This is the year where the mwa is celebrating its 100th anniversary so thats 100 years of two of the top german automakers going to tell and always trying to outdo each other in the luxury car market. They have been tracking one another in terms of their developments. What aspect have the companies had on one another . Has it been motivating . A competition that has benefited all of us because luxury carmakers are the ones that pioneer a lot of the technologies that ultimately filter down to the mainstream. That is important when it comes to safety systems. The first antilock brakes were on a mercedes. Bmw pushed on

Transcripts For BLOOMBERG Bloomberg BusinessWeek 20160612

I read a really closely. Its about venezuela. They are having serious economic issues. Pertaining to the weather. Can you explain that . Reporter we have written a lot about venezuela, and shove it is. Now we are looking at how the weather can make bad problems even worse. Obviously, the economy is a mess. But the weather change with el nino, and there has been devastating droughts, which has obviously affected the economy. What are the repercussions for average venezuelans . Reporter they are adjusting, they have to adjust more to all the problems. It has actually affected not just agriculture, which is a big problem, and shortage of food, but even hydroelectric power. There are more power outages, to the extent that the president has said, you should use your blowdry or less often. Its making a lot of problems worse, and people are likening it to what happened in syria, where a terrible drought made things worse. Sheelah theres a lot to get through in this tech issue. What is through

Transcripts For BLOOMBERG Bloomberg BusinessWeek 20160612

I read it very closely. It is about venezuela. Venezuela has serious economic issues. Ellen we have written a lot venezuela over the years. How to make bad problems even more. But, the weather change with the el nino obviously affected the economy. Sheelah what have the venezuelans had to do to adjust to this . Power there are more outages. The president says, well you should use your blow dryer less often. It is making a lot of problems worse. It is like what happened in syria, with terrible drought. Lots of issues. Elah interesting story. Can you walk us through what the inspiration was for this issue . Ellen it is about inventors. Inventorswe decided was the way to go. With crazy ideas and dreams intel they make their crazy ideas and dreams reality. It is very global. Heelah there is an interesting piece about cairo. Can you walk us through that . Guys createdp of overgrown garage where you can go and make stuff and invent stuff. It is part incubator, part neighborly lace. They are

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