I was born and bred in this city. The streets where i grew up havent changed much. You cant say that for the Beating Heart of the capital. Now, i know not everyone enjoys hearing a cardiff accent, like, and many people around wales view my city with suspicion. They tell me that almost daily on my radio show. And, in a way, i can see why, because, lets face it, cardiff has benefited just from being our capital city. But fair play to the place, its taken its chance, reinventing itself against all the odds. I used to come to butetown to go to the mosque. It was the docks back then derelict and depressed. Old, heavy industries were shrinking, as was cardiffs population. But then things began to change. Just look at cardiff now. This city has completely transformed itself in around 20 years. The jobs are in government, theyre in media, in leisure and also in shopping. It describes itself as europes youngest capital and its got even more growing to do. My dad used to be a bus driver and fini
Their toll . Unrest at uber. This is daybreak asia. We have to talk about that disappointing data on friday out of the u. S. All eyes will be on the big china data dump in the next couple of hours, including secondquarter gdp. That will be key for asian markets. The cpi and retail Sales Numbers coming in. Where is inflation . The fed is likely to continue to delay raising rates, and you saw the enthusiasm for that in the equities markets. Lets pull up the boards for how we ended on friday, adding on gains, the dow of 84 points come the s p higher by. 5 , the nasdaq adding. 6 . Quickly come inside my bloomberg. The fed delaying rates is great for everyone else except for the havecials, which investors been anticipating a hawkish fed and want to see those margins that,sed, but without another major headwind for the financials. We will see if there will be a rebound. We are starting trading in asia. It looks to be pretty positive and following wall street on friday. New zealand, of. 1 rig
Have some work to do. We go into the fall at half strength. This election is too important to go into an election at half strength. We need a real unification of our party. Mark last week, the speaker said he was not prepared to endorse trumps candidacy. Arson is to blame for a fire at a fertilizer plant in 2013, causing ammonia nitrate to ignite. The blast destroyed more than 500 homes. Global news 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus around the world. Im mark crumpton. Emily im emily chang and this is a special edition of bloomberg west from the storied m. I. T. Media lab in cambridge, massachusetts. Its the birthplace of so many innovations like touchscreen devices and gps. We have spent the last few days speaking to the entrepreneurs and investors driving the startup scene and heard from the cities established layers in robotics and i o tech. Now we spend the next hour going behind the scenes to where the ideas are conceived. The media lab s
Ignite. The blast destroyed more than 500 homes. ,lobal news 24 hours a day powered by our 2400 journalists in more than 150 news bureaus around the world. Im Mark Crumpton. Emily im emily chang and this is a special edition of bloomberg west from the storied m. I. T. Media lab in cambridge, as it use its. Its the birthplace of so many innovations like touchscreen devices and gps. We have spent the last few days speaking to the entrepreneurs and investors driving the startup scene and heard from the cities established layers in robotics and i o tech. The next hour going behind the scenes to where the ideas are conceived. The media lab specializes in antidisciplinary thinking, looking for misfits and rebels, working on Ground Breaking products no one else would take a risk on. Other ideas that got their start here, the precursor to google street view and one narrow by all it is here just one Mark Zuckerbergs breakthrough price. The media lab is Pioneering Research in biology, agricultur
Of building the russians into this 10foot tall man that they are not today. The russians have also admitted they are increasing their operational tempo. Of the previous head of the russian navy stated in 2015, their submarine activities had increased 50 in 2015 compared to 2014. As part of the study the Team Productivity to travel throughout the region, stopping in uk, sweden, finland and warsaw. We conducted another workshop here in dc. These were ultimately helpful in building out our findings and making sure we were tempering the report conclusion correctly. This is a useful image, actually taken from a study that looked at nato, any submarine more pair, science and Technology Cooperation during the cold war, so there are some things about it that are a bit off, notably the Breakout Group of russian subs from the baltic sea into the north sea. Might not be the operational construct of the day, but this really captures sort of the scope of the problem. For us looking to the north, yo