Major averages are moving higher we have a panel of experts coming up here shortly. Dont forget about earnings we have a bunch coming our way after the bell, including disney well have an exclusive interview with ceo bob iger. Looking forward to that. First, though, theres also some news out of washington at this hour lets get down to aeamon javers with remarks from the president. Reporter it came about the dangers of the ms13 gang. The president talking about immigration saying he ultimately might want to shut the government down if he cant get a deal on immigration this week. Heres what he said. Id love to see a shutdown if we dont get this stuff taken care of. If we have to shut is it down because the democrats dont want safety and unrelated but still related, they dont want to take care of our military, then shut it down. Well go with another shutdown reporter the president there seeming to embrace the idea of another Government Shutdown on february 8th, later on this week thats th
There was fighting amongst Government Troops and kurdish forces. A came as the International Agency warned that geopolitical tensions could disrupt the rebalancing of oil markets, which would otherwise happen next year. Here is our exclusive interview with the iea executive director. Very strong growth for oil them and this year, 1. 6 Million Barrels per day is strong growth. Also next year, we see 1. 4 Million Barrels per day. Expects of supply, we the United States, canada, a decent amount of oil in the market. The producers decide in november this year, to understand the dynamics for the next year. If they continue with their policies, we expect sometime a levelr, we may see lysing of the markets. Of course, this is not taking into consideration geopolitical developments that might change the picture significantly good significantly. Indeed. Even on record lately saying you are not seeing rebalancing taking place just yet. And opec representative says it is already underway. Why are
Highs as exports from Northern Iraq fell amid fighting between kurdishnt troops and forces. It came as the agency warned geopolitical tensions could affect the rebalancing of oil markets. Heres our exclusive interview. What we see in terms of demand, very strong growth of oil demand this year. About 1. 6 Million Barrels per day strong growth. We see 1. 4ear, Million Barrels per day. Again, strong demand. In terms of supply, we expect the United States, canada, a decent amount of oil to the market. It will depend on what the producers will decide in november of this year to understand the dynamics for next year. If they continue with their tolicies, we expect nex year will will see a rebalancing of the markets. Effect not taking into some geopolitical developments. Yousef you have been on record saying you are not seeing rebalancing taking lace just yet. The opec secretarygeneral says it is already happening and is underway. Why the divorce in this thinking . Underway but we still have
With president xi jinping. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. From washington, i am Alisa Parenti. This is bloomberg. Bloomberg technology is next. Emily i am emily chang and this is Bloomberg Technology. Coming up, Softbanks Vision Fund nears completion. After closing the fund in saudi arabia, what his childhood dream means for Silicon Valley and the u. S. Tax landscape. Ford kickstart its focus on ridesharing and selfdriving with a surprise shakeup. What the new c. E. O. Brings to the table. The markets most valuable player is on track to become the worlds first 1 trillion company according to one analyst. We will catch up with him ahead. Softbank formally announces the first round for the longawaited Tech Investment Fund with more than 93 billion in the coffers. That includes the saudi public Investment Fund as well as apple and sharp. The vision fund is expected to top 100 billion in six months. It will focus on
Companies and is brought to you today by your cable provider. Governor martinez called for investment in education during her state of the state address. She ended the speech with the call to Work Together to address the challenges facing new mexico. The speech is about 45 minutes. [ applause ] hello. Good afternoon. Please be seated. Lieutenant governor, senate, president , our new house speaker, democratic and republican leaders, esteemed members of the new mexico legislator, honorable members of the judiciary, former new mexico governors, tribal governors, distinguished guests, the states first gentleman, my husband, and my beautiful sister lettie. And my fellow new mexicans, it is an honor to join you for the state of the state address and open this legislative session. Over the last six years, republicans and democrats have chosen to make tough decisions. Weve resisted taking the easy way out. Weve resisted pursuing the false promise of quick fixes and feelgood gimmicks. Instead w