I dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . Before we get into blackstone, i would like to talk about a couple of other things. You grew up in a middleclass environment in philadelphia, and now, you are one of the wealthiest men in the world, one of the biggest philanthropists in the world, and you are an advisor to president s, the last three president s have asked your advice on various things. And you are very close to President Trump. When you were growing up in philadelphia, did you ever in your wildest dreams imagine this could possibly happen . Steve no. Dave do you pinch yourself every day now that you think about where you have achieved your status in life . Steve frankly, every day is an adventure, and every day is a privilege. David now, you have co
Scene Central Banks finally starting to get it. We have some actual details as to what the fiscal responses . We do not. Sebastian businesses size up their bottom line with continued headwinds. We see the business down 85 . If i talked to our colleagues in china, they say it is Getting Better everyday. Can want to do our best to fight this crisis and achieve our targets. Sebastian investors, economists, and policymakers offer guidance in a time of financial turbulence. I think the odds are 80 we will have a recession. The Oil Price Decline is very good for india, good for china. Survive with liquidity, three months, six months, nine months, people will go bankrupt. Sebastian that is all straight ahead on bloomberg best. Hello and welcome. Im Sebastian Salek and this is your weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. Lets start with a look at the top headlines. Last friday and talks between saudi arabia and rus
Activist investors to push out jack dorsey from twitter. An interview with the impossible foods cfo on plans to enter china despite the spread of the coronavirus. The Global Smartphone market has been slowing down for some time. The coronavirus will only make it worse. Smartphone shipments will drop 2. 3 to around 1. 3 billion units. Paul allen and emily chang spoke with the ibc president on wednesday. We have a number of analysts looking at this. We would say the tightest ingredient in this is the people. People are not fully back to work. With think the manufacturers in china are mainly 30, 30 5 35 of capacity. They are slowly starting to ramp back up. China also has been a place where many components are manufactured. From that standpoint, what we have now is we believe the tightest components will be pc base and screens. That would fit with the story we have today, that if you are having trouble with replacement parts, what is one of the biggest parts . You drop your phone and you
An interview with the impossible foods cfo on plans to enter china despite the spread of the coronavirus. The Global Smartphone market has been slowing down for some time. The coronavirus will only make it worse. According to ibc, smartphone shipments will drop 2. 3 to around 1. 3 billion units. Bloombergs paul allen and emily chang spoke with the privacy ibc president on wednesday. We have a number of analysts looking at this. We would say that the tightest component the ingredient in this is the people. People are not fully back to work. With think the manufacturers in china are mainly 30, 35 of capacity. They are slowly starting to ramp back up. That is good news. China also has been a place where many components are manufactured. From that standpoint, what we have now is we believe the tightest components will be pc Circuit Boards and screens. That would fit with the story we saw today, that if you are having trouble with replacement parts, what is one of the biggest parts . It is
App that i use, uber, it was amazing. Would you fix your tie, please . David people wouldnt recognize me if my tie was fixed. Just leave it this way. Alright. David i dont consider myself a journalist, and nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . We are here today with his excellency, yasir alrumayyan, who is both the chairman of saudi aramco and also the head of the pif, the saudi sovereign wealth fund. So you have both jobs. How do you allocate your time between running the sovereign wealth fund, pif, and being the chair of saudi aramco . Doesnt that take you 80 or 100 hours a week . Yasir pif role is executive, the aramco is chairmanship. I do not have the executive chairmanship role. In aramco, i focus on four things, the strategy, the targets, annual targets we have, the monitoring of the per