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BLOOMBERG Bloomberg Surveillance June 22, 2024

Its the last attempt to get a lifeline and keep greece in the euro. German chancellor Angela Merkel says time is running out. Angela weve shown much solidarity with greece. Our last offer was very generous. In these time of challenges be it refugees or terrorism, europe can only keep strong and stand together if every country asumets responsibilities. Vonny they have to decide whether they can cooperate with cyprus and walked out of talks and called the referendum. Theyre trying to prop up the falling stock markets. Foreign investors are selling shares at shanghai listed stocks at a record pace. Vonnie obama warns it will take time and went for a briefing with the top military commander and called the fight against the Islamic State a generational struggle. President obama this will not be quick as a longterm campaign. Isil is opportunistic and it is nimble and many places in s ....

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BLOOMBERG Charlie Rose June 22, 2024

Economist at asset management. The senior fellow in international of international economics. And the president and founder of eurasia group, i am pleased to have them on this program. Megan let me start with you in athens. What is the aftermath to this vote . Megan there is still a sense of defiance. It became really clear the new vote was going to win and people said, at least we are standing up to the creditors. When i woke up this morning, the lines at the atms were even longer. There was concern about what this means. Tomorrow, euro zone leaders will get together in brussels and try to hand out an idea. I think that is probably not likely especially in light of this no vote. Charlie your reaction to this vote and what it means for the rest of us . There are many mysteries and one of them is that the greeks apparently think the reason they have not get gotten better terms from creditors before is because they lacked some kind of democratic mandate or something. They thought if they ....

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BLOOMBERG Charlie Rose June 22, 2024

Prime minister Alexis Tsipras hailed the result as a brave choice and also said greece would go back to the negotiating table. Megan greene is the chief economist at asset management. The senior fellow of international economics. And the president and founder of eurasia group, i am pleased to have them on this program. Megan, let me start with you in athens. What is the aftermath to this vote . Megan there is still a sense of defiance. It became really clear the new vote was going to win and people said, at least we are standing up to the creditors. When i woke up this morning, the lines at the atms were even longer. There was concern about what this means. Tomorrow, euro zone leaders will get together in brussels and try to hand out an idea. I think that is probably not likely especially in light of this no vote. Charlie your reaction to this vote and what it means for the rest of us . There are many mysteries and one of them is ....

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CNBC Squawk On The Street June 22, 2024

Well see if the fed numbers have any effect. In our road map this morning. Tesla slapped with a downgrade on valuation. Well hear about the companys future from the ceo. Microsoft set to cut more jobs. And apple watch sales plunge 90 . Well run through some of those numbers. First, futures are up sharply. Steps by chinese officials to stabilize markets and restore Investor Confidence failing to start the slide. A lot of the trading, brokerages people are obviously upset. Companies are being asked to buy their own shares in the national interest. Its getting interesting. I think that its terrible. I think that i want to be really clear about this because panic is a bad, not a strategy. Someone was saying on twitter, is it a falling knife . This is 100 signwayteinways coming at you. And this market is a little bit bigger than we thought. Its only 40 of the gdp but there are some horrifying statistics and these numbers are all p ....

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BLOOMBERG Bloomberg Surveillance June 22, 2024

The songs written by english musicians. Tom veidman being quoted. Here are the top headlines. Vonnie the New York Stock Exchange at a computer glitch that knocked out trading for three hours and theyre looking at a software update. They must verify the calls and reports to regulators. The president of the nyse said trading was suspended because he didnt trust the exchange system. We chose the least disruptive option for customers which was wrote out the problem and put up plan and place to fix it, fix it, and reopen and there was no work for customers to do to connect to the exchange. Vonnie trading was halted but shares still traded on other venues like nasdaq. Greases under the gun today to come up with an economic reform plan to stay in the euro area. European leaders are giving greece until midnight tonight to present his proposal. They want more spending cuts before agreeing to a new bailout. The imf chief
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