Washington. The fed signals it plans to rosalind the fed signals it plans to remain on pause. The consensus is no need for a rate move next year either. She said theres still risks to the downside, but they have lessened. Rosalind the worlds biggest ipo opens with a bang. Some major banks announced changes and cutbacks. They have to meet the ir efficiency targets they set. Rosalind the eu unveils a plan to go green that has some businesses seeing red. You see there is. Pushback. Taxation does nothing for the environment. Rosalind its all straight ahead on bloomberg best. Rosalind hello and welcome. Im Rosalind Chin and this is bloomberg best, your weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. Lets start with the day by day look at the top headlines. Another week began without a trade deal between the u. S. And china, and fresh data releases d on the weekend showed the trade balance shifting between the two superp
The House Intelligence Committee taking a break in their hearing due to house votes happening now on the floor. Theyve been hearing from the former National Security Council Analyst on russia fiona hill and david holmes political counselor at the u. S. Embassy in ukraine. We will have live coverage when the hearing resumes. Well get to your calls and comments. Democrats 2027488920, 2027488921, others 2027488922. Nancy pelosi has been talking about the hearings going on. Please let us know. Yes, sir. Before you fully embrace the impeachment inquiry, you said one of the reasons you were cautious about it because you said the process would be long, arduous and divisive. It turns out you were right. It seems as if were in this position. But in the sense that both sides are dug in and impeachment has sort of taken on the tenor of being just like any other partisan dispute. I dont subscribe to that. I cant answer your question predicated on that. Theres not bipartisan support. If the republi
It is economics. I apologize for the wonky notes. When we had the consultants look at the occurrence, the way they started, they looked at wetland costs today. They looked at what Construction Costs today which is astronomically going up between 515 per year. And they looked at what rents are today. That is how you start one of these things. They came back and they said, office space doesnt work. And we said, that is not a good answer because they are trying to build it. What did you do wrong . They said, what we think we did wrong is we need to understand that these projects have been in the pipeline for a while. What that means is they probably got their land for a little bit less. We know it they bought their land for. They may or may not have contract guaranteed minimum contract with a contractor that gives them some shielding, probably not too much. The last piece is that we are looking at todays rents, as high as they are. They came back to us on what they said is, obviously empi
Like to ask him about you can finish, i dont want to interrupt. Actually, this is part of the process. Im trying to learn. I am not the expert. Somebody of here promulgating the legislation, there someone else who has expertise. I want to hear from the person. I want to defend the integrity of the work that we do which is come at the end of the day, an estimate. It is not Electrical Engineering where there is an answer. It is economics. I apologize for the wonky notes. When we had the consultants look at the occurrence, the way they started, they looked at wetland costs today. They looked at what Construction Costs today which is astronomically going up between 515 per year. And they looked at what rents are today. That is how you start one of these things. They came back and they said, office space doesnt work. And we said, that is not a good answer because they are trying to build it. What did you do wrong . They said, what we think we did wrong is we need to understand that these pr
Integrity of the work that we do which is come at the end of the day, an estimate. It is not Electrical Engineering where there is an answer. It is economics. I apologize for the wonky notes. When we had the consultants look at the occurrence, the way they started, they looked at wetland costs today. They looked at what Construction Costs today which is astronomically going up between 515 per year. And they looked at what rents are today. That is how you start one of these things. They came back and they said, office space doesnt work. And we said, that is not a good answer because they are trying to build it. What did you do wrong . They said, what we think we did wrong is we need to understand that these projects have been in the pipeline for a while. What that means is they probably got their land for a little bit less. We know it they bought their land for. They may or may not have contract guaranteed minimum contract with a contractor that gives them some shielding, probably not t