And fuel your own existence unencumbered by any state apparatus which is fantastic part of globalization that keeps us powerful as unique individuals is that we can speak to people around the world were not ignorant we dont rely on one you know giant News Organization for example or our state department to tell us whats happening in latin america or asia or anywhere else in the world we have Internet Access we can speak to people around the world and he points out here in this article starlink musks plan for 12000 or more cheap high Speed Internet satellites will free the internet from reliance on anita restoral government and you already see the beginning of the splintering of the internet as its parts of it get handed off like dot org that domain name has been handed off to private equity so thats going to be crushing thats one of the beginning of the private. Zation of parts of the internet and its already starting to create its like divides there but if we have satellites we can st
In the wake of several Mass Shootings, he says the senate will look at expanded the ground checks. Red on the table, socalled flag loss to keep guns away from dangerous people. Mcconnell has a post most gun laws in the past. A Political Drama is playing out in italy. His deputy is trying to bring down the countries populist coalition and force snap elections. Salvini wants lawmakers to vote out the government as soon as next week. He says he and his party are tired of infighting with their coalition allies. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Live from bloomberg World Headquarters in new york, im vonnie quinn. Amanda im amanda lang in toronto. Welcome to Bloomberg Markets. Our bloombergby and Bnn Bloomberg audiences. What a week it has been for global markets. We will wrap up the week, and escalate in trade war with the u. S. And china sign currencies, bo
Is looking to perform, so that has the stock nice and higher today. Of most him course of Molson Coors Brewing is leaving, the ceo be replaced by of miller coors. We want to know if the fomc can thread the needle . What does he need to get done today . Guest the first thing is 25 basis points. Everybody knows that if he doesnt cut 25, hes got a credibility problem in the markets. 25 is done. I think youd like to do 50. He and others have given indication that if youre going to do something at this point in just come its really at this level of rates, you need to go big. Weve had reasonably stable sobers from the economy, hed have a hard time getting the hawks. What it comes down to really is anything, he if announces on the Balance Sheet, and what he announces Going Forward. Guy expectations are dovish Going Forward from here. Got four rate cuts priced in at the moment. Is that too much how does he find himself some breathing room is that too much . How does he find himself some room .
The president accusing Prime Minister theresa may of making a mess of brexit. He said the u. K. Will have a new Prime Minister soon, good news. In the markets, we are seeing risk off attitude. You want to buy the dollar. Equity futures down. 4 . Semis could get particularly hard. The chip guys have three months of inventory stacked up. Yields going nowhere in the u. S. Oil a bit firmer. You have some iran conflict there, the military playing hardball with bp. Altogether, it is a by dollar story, sell u. S. Equities buy dollar story, sell u. S. Equities. We are joined by Lisa Abramowicz and michael mckee. 72 hours, has a busy giving a speech to open this Boston Press Conference and then going down to d. C. Michael you dont have to pay any attention to boston. Towill be fed by satellite the conference. Tomorrow, you have to be sitting in front of your bloomberg terminal and watching jay powell. He has to ratify the idea of the month, which the markets are anticipating, or we will have in
Whiteout conditions are already here. Ice, wind, snow, power outages. Millions tonight feeling the impact of the onceinageneration storm. Plus, we have Breaking News. More transcripts just released from the January 6th Committees investigation. Everyone from the president s daughter to his Attorney General in a Top White House lawyer, what they all had to say, and how the committees final report puts the blame squarely on donald trump. And shocking government numbers out of china about covid cases. New infections reportedly in the hundreds of millions this month alone and growing. Lets go outfront. Good evening, everyone. Im kate bolduan in for erin burnett. Millions are trying for the holidays as snowy conditions caused a massive pileup of roughly 50 cars. We are told at least one person died in this crash. And its not just in ohio, its across the country. Cars sliding, being abandoned on the streets of memphis, tennessee. Today more than 5,000 flights have been canceled due to severe