Real feel for supply and demand. And president trumps Jerusalem Decision continues to make waves. The United States uses it veto for the first time to block a u. N. Security resolution on the issue. For expansionary budget 2018 for saudi arabia. A boost in spending in almost 300 billion. 2. 7 , gdp to expand to after shrinking by. 5 in the last year. Here is how we covered the story. The chairman of the company, the minister of energy, the ceo and i thinkny, ideo we expect the the ipo will attract people. That tadawul is one option and we are also looking at many s, going through a lot of discussion and assessment. This is not a normal ipo, it is an ipo for the world. We want to make sure that we do not leave any stone unturned, to ensure we are doing what needs to be done to choose the right one. Yousef some additional revenue could be what is happening with what is going on with the governments anticorruption crackdown. Here is what he had to say about that. The attorney general made
Regime in pyongyang. Going forward. And Christine Lagarde looks forward to the year to come. This region, asia, is going to continue to be a Global Growth engine. It is all straight ahead on this special edition of bloomberg best. Hello and welcome, im Rishaad Salamat on this special edition of bloomberg best. We look back at 2017 in asia, i revisiting the years most interesting interviews with newsmakers, policy interviews, n business. Rs i lets start with jack ma. Rare accessted to him in his headquarters in china as the companys celebrated its 18th birthday. It enjoyed massive growth in 2017 and a rapidly evolving ecosystem of Chinese Technology companies. Jack ma spoke with Stephen Engle about competition and regulation in this new environment. The speed of the internet era oftentimes blurs the line of regulation, and you push the boundary, push the boundary, and then regulators overreact or whatever. How do you stay ahead of that and also not overstep your boundary . We always ste
Going forward, we see better days ahead. Rishaad the Imfs Christine Lagarde looks forward to the year to come. This region, asia, is going to continue to be a Global Growth engine. Rishaad it is all straight ahead on this special edition of bloomberg best. Rishaad hello and welcome, im Rishaad Salamat on this special edition of bloomberg best. We look back at 2017 in asia, revisiting the years most interesting interviews with newsmakers, policymakers, and leading figures in business. Lets start with Stephen Engles indepth conversation with alibabas jack ma. We were granted rare access to him in his headquarters in china as the companys celebrated its 18th birthday. Alibaba has enjoyed massive growth in 2017 and a rapidly evolving ecosystem of Chinese Technology companies. Jack ma spoke with Stephen Engle about competition and regulation in this new environment. The speed of the internet era oftentimes blurs the line of regulation, and you push the boundary, push the boundary, and then
Hello from sydney where it is just past 9 00 a. M. We are one hour out from the open of asias major markets. It is just after 5 00 here in new york. Over the next hour we will be all the action will be playing into the trading day. It is fortunate were not seeing a lot of ripples in the economy because we have enough ripples going on in washington these days. That is occupying the headlines. Friday cameob data in below estimates but wages gained into did not disrupt the view the fed is on track for at least three Interest Rate hikes this year. S p adding on record gains, the , acceleratinggher up over 200 points. Tech stocks continue to be another bright spot in the market. That momentum we saw in tech stopping at17 not least in the first week of january. Haidi it has been a stellar start to the year. The question this week will be whether low inflation is a goldilocks situation and continues. It culminates in Inflation Numbers in the u. S. At the end of the week. In the meantime we ha
Politics. I cant wait to see how the magazine covers everything in the world of politics in this year. You start here in our home front. Domestic. Member of the trump team, mike pompeo has had a good year. Megan he has had a good year. You pick out people of had good years. You have nikki haley who is the ambassador of the u. N. And you have mike pompeo, who is the director of the cia and those names have been mentioned as a potential successor to rex tillerson. Our secretary of state has not had a good year and we will talk about his departure has cooled, there is a widespread feeling in washington elsewhere that his relationship with the president is not longterm. So mike pompeo has emerged as a personal favorite from the of the president. This matters a lot to the president , how you get along with, who you get access to. How he gets along oneonone. His circle is very, very small and mike pompeo is one of them. Julia how has he managed to cultivate that relationship with the preside