s, 226. The Prime Minister must comply with the law. He can no longer used the threat of a no deal crash out to black male members to support his sellout deal. I will not negotiate a delay with the eu. And neither does the law compel me to do so. Welcome to Bloomberg Television from the city of london. We have been bringing you updates regarding the u. K. Political scene after the latest brexit headlines have come out. Saturday, the u. K. Parliament held a special session. Boriss newly minted deal did not make it to a vote. Thats why we are gearing up for a critical week and brexit and we could see the vote as soon as tomorrow. Lets look at how the fx market is trading after this, the pound 129ing softer than friday,. 84 on fridays close. It seems like traders need to start pricing in uncertainty regarding brexit. On the longerterm basis, analysts are bullish. Drop may be as buying opportunity. Longterm, everyone seems bullish. They think the eu will allow for the extension. What we ne
Company. And cryptocurrency crusader. David marcus sits down with us to talk about the embattled libra Digital Currency project as well as regulatory hurdles. Earnings started in earnest this week with netflix being one of the most highly anticipated. The streaming giant impressed wall street amidst stiff competition. An growth contributed to a positive report despite u. S. Subscribers falling short. Revenue climbed to 5. 2 billion. I dug into the details with bloombergs lucas shaw. Investorsry is that were clearly worried netflix would have another backorder. Another backorder. They added a few million customers your than an spect it investors expected another bad one. One i spoke to said that sentiment was awful. Yet they come in right around expectations. They missed in the u. S. But they were above internationally and that is where they have been telling people for years their future is. Its a sign of where netflix is going. While they will have one of their worst years in the u. S
Speech at Georgetown University on thursday. And the huawei perspective. On 5g, securities concerns and more. But first, our top story. Percent six and a half 6. 5 . S comes after posting the consecutive quarters for slower sales. Line start with the top where there is not enough growth for red hot red hat to offset the cost. This is one word expectations. If you look at ibms core business, they are managing it for profitability as if they can. As people build the hyper cloud infrastructures, there needs in the Core Technology space, those change. They will need to drive efficiency in that area and automate where they can, Deploy Technology that allows them to , so less costs in that area they can stabilize that part of business. To say stabilized is no overstatement. Business was not able to grow in revenue terms. When do you need to see it filtered through to the bottom line . You look closely, we are starting to see it now. What that means is you have a red hat product that is put t
We have more on his appearance, plus reaction. And the huawei perspective. We get thoughts from the chinese telecoms Carrier Business Group on 5g, securities concerns and more. But first, our top story. Ibm fell as much as 6. 5 , the most since october 2015. This comes after the fifth consecutive quarter for posting slower sales. Joined by my am guest. Lets start with the top line decrying. Is there not enough growth from red hat to offset the cost in that core business . Yes. Frankly, this is a question of one word, which is expectations. There are a lot of expectations for red hat that paid a lot for the Company Going forward. If you look at ibms core business, they are managing it for profitability as best they can. But the Global Services segment has historically been a profit driver and a cash cow. But you have to remember as people build the hyper cloud they moveture, as more of the cloud, there needs to be in the Core Technology space that change. They will need to drive efficie
[applause] thank you all for coming. Thanks to cspan and its important audience as well, my new book, the rise and fall of peace on earth, revolves around a particular question. The question is, what are the prospects for peace . That is a timely question at any point and i will give my answer in the course of my remarks but it does presuppose, another question not often asked but one that is also relevant to the book. That question is, what do we mean by peace . How do you define peace . The obvious definition is, peace is the absence of war. Thats always welcome but its not very rigorous. After all, the world hasnt spent its entire existence in a continual war. War isnt continual if its episodic. So i propose a somewhat regulation or deep peace. As the absence not only of war but of the eminent threat of war. Emergent preparations for war. Its the absence of Foreign Policy conducted under the cloud of war. That is an unusual circumstance. Indeed by my reckoning as i see in the book w