Essentially may pay them to lend and that the dax would drop, you would have locked me out of the room, but that is what happened yesterday. David we have someone to explain it all to us. Our very special guest is Mohamed Elerian. We think of him as a bloomberg columnist. Welcome back. It is good to have you here. Mohammed co. Wonderful mohamed wonderful to be here. Jon the republican caroline the republican president ial candidates stayed away from namecalling. Trump said his campaign has been a positive force. Frankly,ump i think the republican establishment or whatever you want to call it should embrace what is happening. We are having millions of extra people join. We are going to beat the democrats. We are going to beat hillary or whoever it may be, and we are going to beat them soundly. Caroline trump his favorite to win primaries next tuesday in florida and ohio. With getting a boost former candidate ben carson agreeing to endorse him. The Islamic State is expanding its presence
With the stimulus package. If you look at eurodollar, it shows the angst they had. Tom i thought olivier borchard was brilliant, and what a bombshell. My word for the day is horizon. Mario draghi said we will go out beyond the horizon he was poetic. Toncine but when it came rates maybe he was less poetic. Lets get straight to the bloomberg first word news. Nejra the latest republican president ial debate was missing something a namecalling and anger of the previous showdown. Front runner donald trump embrace the idea of party unity. I think, frankly, the republican establishment, or whatever you want to call it, should embrace what is happening. We are having millions of extra people join. We are going to beat the democrats. We are going to beat hillary or whoever it may be, and we are going to beat them soundly. Nejra trump is favored to win primaries next tuesday in florida and ohio. He is getting a surprise boost. Ben carson is expected to endorse him sometime today; meanwhile, ted
I am anna edwards. Also, talking the deficit. George osborne tells charlie rose that the u. K. Is a front runner in the world economy. U. K. , weularly in the have a budget deficit, even though it has come down by half. Our debt to gdp is too high at 80 . We want to be in the front ranks of economic nations. Russias currency is in crisis, and its economy is unraveling. The ruble plunged to its lowest ever against the dollar despite the Central Banks efforts to stem the route with its biggest Interest Rate hike since 1998. There is the dollarruble over the last two days. It touched 80 yesterday, coming. Own to around 71. 75 today still, the russian Prime Minister held an emergency , deciding not to consider currency controls. The economy minister insists the moves are not reflective of the countrys fundamentals. Of course, everything weve been talking about is on the stabilization of the ruble. Ratelieved its exchange does not correspond with the fundamental macroeconomic development. W
Not only is she a best selling author but shes releasing her new book today called move, putting americas infrastructure back in the lead. Thank you so much for joining us. The book really explains with compelling details many of the health costs and even social justice impacts of our outdated infrastructure system, and i want to get to some of those today. First of all, can you please give us a brief synopsis of where we are today and how were fairing versus other countries . So theres only one indicator in the transportation and infrastructure area in which the u. S. Is number one and that is number of available airline seats. Thats because weve made it cheap and we like to fly. Impact, americans like to fly. Europeans will take the train. Thats one reason we dont have a good enough rail system in america, Passenger Rail system. Otherwise, we are way down on the international indicators. My friend Rodney Slater whos here today former secretary of transportation, went to japan recentl
Last month a threejudge panel on the d. C. Circuit court of appeals heard oral argument on the constitutionality of the senates 60vote filibuster rule. The case is common cause v. Joseph biden. It seeks to have the 60vote threshold needed to overcome the filibuster thrown out and replaced with a simple majority rule. The Lower District Court had dismissed the case saying common cause lacked standing to sue. The oral argument runs about half an hour. Good morning. May it please the court, im emmet bondurant, and with me is Steve Spaulding who is staff counsel with common cause. The District Court in this case and ruling on the standing issue here in three very fundamental respects that prejudice the courts entire view of the issue of standing. First, the District Court did not presume that the plaintiffs are entitled to prevail on the merits of their constitutional claims. He ruled precisely the opposite, citing that that is the rule, he ruled that he was not convinced that the plaintif