New relationship, with the Indian Economy opening up and the u. K. Averting its gaze from the widere towards world and both of us seeing opportunities. The chancellor says that he sees tensions ahead as brexit talks continue because people on both sides oppose any deal and what talks to fail. Brexit is prompting the u. K. To boost trade efforts outside europe. Liam fox tells bloomberg that 90 of Global Growth is being generated outside the continent. He says that asia pacific is the center of gravity of the global economy, so the u. K. Must direct investment and Economic Activity there. 24 hours per day, powered by 2600 journalists and analysts in 120 countries. Im mark crumpton, this is bloomberg. Scarlet live, from bloombergs World Headquarters in new york, im scarlet fu. Joe and im joe weisenthal. We are 30 minutes from the close of trading in the u. S. Scarlet the dow, barely holding on to gains. Joe but the question is, whatd you miss . Scarlet somethings wrong with the u. S. , th
I think that the words and the deeds we are hearing out of china, jim, are encouraging. This administration seems to be much more committed. Lets keep going. The reforms they are making in terms of letting the market determine the distribution of resources. These are revolutionary. We will hope that this leads to a kind of openness that ends up being a model for the world, if they continue with what they have told us. His activities are all related to corruption internally. They are not related to corruption that relates to external business. I think that is a very big hurdle to jump. Again, i think our role is to be as vigilant as we possibly can and call it out when we see it. The first decision i had to make was this one. It set a tone. This is what we have to do. We have to call it out when we see it. We have to encourage it everyone, especially all the major players, to look at it internally and externally. I think the new york example is a good one. There are so many things that
Would you mind autographing some of the christmas as a special favor for santa claus . It is one of the things that i do best. It is a good thing you got, santa claus. Yes, indeed. My father santa claus gave it to me. My, that has some of the dogs hair in it. Roosevelt to edith grace coolidge, weeknights at 9 00 on cspan. The outgoing chairman of General Motors told a National Press club audience today that gm is investing more than 1 billion in u. S. Plants. He will be replaced in january by the first woman to head a major automaker. He calls this historic about but not surprising. This is an hour. Good afternoon, and welcome to the National Press club. My name is angela keane. I am a reporter for bloomberg news. We are the worlds leading professional organization for journalists, committed to our future with programming such as phil, wire fostering a programming such as this, while fostering a free press worldwide. To donate to programs offered to the public, through our journalism i
Asking of the news media . As someone with a journalism degree, i get a little chill up my spine. Does it have any effect on the media that the regulatory body is even asking these questions . How does it help you fulfill your section 257 mandate on which it is predicated . I think this goes back to the root of the discussion we were having a moment ago about making sure the public understands what is going on. The 257 requirement mandates lowering barriers to access to media for minorities, women, small business, and other identified groups. In order to make that kind of a judgment you have to have facts. In order to have facts, you do studies. What we did, there was a study that has been proposed by a Consulting Firm that we were working with. We put that out for Public Notice to exactly get the kind of input you are suggesting. But it is not, and this is not an effort to influence the media. I will interrupt you for a second. When some of the questions of media personnel include, wh
For more information about the National Press club please visit our website to donate to programs offered to the public through our National Program Journalism Institute visit press. Org. On behalf of our members worldwide i would like to welcome our speaker and udience. Id like to welcome our cspan and public radio audiences. You can follow the action on lunch. Using the m. P. C. I will ask as many questions as time permits. I would ask each of you to stand briefly as your name is announced. From your right william wilkins, he road information program. Vice president of Global Communications and public policy. Allison fitzgerald finances and vestigative reporter john hughs editor at bloomberg first word and the treasure of the National Press club. Michael lindenberger washington correspondent for the dallas morning news. And tim National Reporter covering business and International Trade for the ashington times. [applause]. Our guest today rocked the auto world last week when he annou