Bloomberg looks at the future of investing. What does it mean for these passive investment giants have so much money . s been gaining more market share in the hedge fund industry. Its harder for them to find growth. Thats all still ahead on bloomberg best. Michael hello and welcome, i am michael mckee. This is bloomberg best. The week began with high hopes for brexit breakthrough, following reports that the u. K. And it you had made some terms on their divorce agreement. The dream was quickly dashed on monday. Mark the expected breakthrough failed to materialize. Apparently delayed over the irish border. The European Commission president john paul juncker broke the news. Mr. Juncker despite our best efforts and significant progress, we and our teams were not able to reach complete agreement today. This lunch started around 1 30 brussels time. About four hours ago. We understood that it one point, theresa may actually broke away from the lunch to call the leader of the Democratic Union
With toni collins in new york. With tom keene. In new york. Tom i agree with you totally. How alone is mr. Ewinger in strasburg . Francine he struck a very different tone to the past years. This was a ewinger that was very reflective. He thinks the European Union is frail and the 28member countries, 27, if you leave out the u. K. , are pretty weak at the moment. Heres sebastian in london. Good morning. Breaking news, a new Bloomberg Politics show shows trump leads clinton 48 43 in a twoway race. The public and president ial candidate polled strongly among white men without a College Degree. Hillary clinton faced a lot of acklash when she referred to some Trump Supporters in a negative way. And still the Russian Authority they say syrian troops have not returned the fire. A panel of british lawmakers the overthrow of muammar gaddafi, they say it was based on bad intelligence and faulty asutchingses. They said the Prime Minister at the time didnt properly towards threat. The u. S. Has ag
After a 2year battle rwandans Supreme Court will hearing an application allowing the president to run for a third term European Commission president jean claude younger announced plans to tackle the refugee crisis. Under the proposal 160,000 Asylum Seekers will be distributed among e. U. Member country with binding quotas. The number of refugees to be resettled in one country depends on that countrys wealth, population and the numbers of asylums processed. Countries refusing to take in refugees could face financial penalties. Germany has backed the idea and welcomed Syrian Refugees waving the e. U. Rules, saying it expects to deal with more than 800,000 Asylum Seekers this year alone. Sweden is in favour, and has taken the highest number of refugees in relation to its population. The czech republic, slovakia, poland and romania opposed the idea of mandatory quotas. So has hung hungary, which is building a fence. Jean paul juncker reminded each that they probably were a refugee. This is
Europe. Good evening to those in asia. Good morning to those just waking up in the u. S. We begin with a bloomberg exclusive. Have strucksneft oil. It has been complicated by sanctions against russia. Ryan chilcote spoke to the ceo, igor sechin. This guy rarely talks. Im fascinated that the time he isides to talk his when he in the arctic. Give us a sense of the journey you had to get through to talk to this man. It was a fourhour flight to the north. Then we flew out to the sea, we got on a icebreaker, a ship that can break ice. That,led two nights on got another helicopter. Thatannot actually drive ship right up to the platform. An extraordinary adventure but one that was really important for igor sechin. A symbolic message. Igor sechin believes they have found a massive amount of oil, as many as one billion barrels. It could be more than what the u. S. Has in the gulf of mexico. He has a problem, that is u. S. Sanctions. They bar exxon from drilling in 10thrctic beyond the of octobe
A promise to u. S. Steel workers by announcing punitive tariffs on foreign imports of protectionist measures have sent the stock market plummeting. Also coming up the beast from the east savages Europe A Siberian cold front plunges the continent into a deep freeze bringing snow transport chaos and some of the lowest its temperatures in your. Time brink off its good to have you with us we are learning more tonight about a cyber attack on German Government Computers Law makers confirming that the attack is not over ongoing and believed to be in the defense and foreign ministries security agencies reportedly detected the breach last december and allowed it to continue in a controlled manner while they monitored it spent lawmakers were not informed until this week about that fact a group with links to the russian government is suspected of carrying out the cyber attack. The German Governments Communication Network has been breached by hackers the parliament secret supervisory body has been