These are live pictures we are bringing you would need to be better if theyre long sought other lawmakers has taken place in the my marriage central exhibition hall just outside the kremlin walls of course in central moscow. Putins 16th annual address of course one of 3 big events the president does alongside his annual q. And a session and press conference of course taking place later in the year the 1st address of this Congress Actually delivered were back in 1904 by then president barroso get some more than 20 years ago putin gave his 1st address in 2000 when he declared the need to transform russia into a strong and effective state. Lots of topics expected for this year for this year focused on the nations economy russian peoples disposable income other issues as well of course 16th time mr putin has the live of the address before a mixed audience theres government ministers judges from the constitutional and supremum courts as well members of the political elite and of course near
Spring in a new era of Space Exploration is russian to, to the pioneering mission, to search the walls, to on the south pole. Uh, the a very well welcome. This is the weekly with the latest. Well, these are dates along with a round up at the stories, the shapes, the weight. Its good to have you with us. We started with the latest from a ron where at least one person has been killed and 7 others wounded. And a terrorist attack and a shrine and the Southern City of sheriffs awarding to a view. As you might find the following. Images upsetting. One of the assailants has reported the being arrested while another is said to be on the run. Local media, say the is logic state, terrorist group has came responsibility for the attack on tease it radian corresponded. Use 50 lani. Takes us through the details. We do know that the incident took place around 7 p. M. Local time in the southern iranian city of she rides were odd to on demand costs of tried to storm. The holy frying of shots uh, shut o
Studio 1. 0 is the coceo jim coulter. Tpg is an investor in uber, airbnb, vice, spotify, what did these companies have in common and what does it tell us about your strategy . Jim they are driving disruptions in their industries. We are often called a private , from the beginning when we started with continental airlines. Have not done much airline investing in 10 years, but since that founding 25 years ago, we constantly specialized in finding where the economy is changing and where we can expose capital to it. Tbg. you cofounded what was it in those early days that set the stage for what tpg became . Jim we came to the industry from a different place. It is aggressive to call it an industry and 1990. It was a backwater piece of the investment world. In those early days, there were a couple of small funds, but some of the largest players were families. As the industry grew up, the wallpools on one side street, other side families, came together to form the private equity industry. We
This is the show where we delve into the regulatory challenges and opportunities for Financial Markets around the globe. But first lets get a round up of the news with sebastian salek. Sebastian President Trump has won the latest round of the head of the Consumer Financial Protection Bureau. Thateral judge has ruled Mick Mulvaney can remain acting head of the agency. By thected a bid bureaus deputy director. She is likely to appeal. Wells fargo is facing new problems with its regulator. The officer of the comptroller of the currency because of improprieties in wells fargos mortgage operation. President trump has nominated sometime critic of the Federal Reserve to be a governor of the central bank. Hes a professor at Carnegie Mellon university and a former research director. Earlier, he told congress that the fed had failed to secure the credibility of its inflation targets. The bank of England Governor Mark carney has indicated the u. K. Will review bank bonuses after britain leaves th
Studio 1. 0, tpg coceo jim coulter. So tpg is an investor in uber, airbnb, vice, spotify, what do all these companies have in common and what does it tell us about your strategy . Jim i think they all have in common the fact that they are driving disruptions in their industries. In some ways if you look at the history of tpg, while we are often called a private equity firm, a large part of our capital has been disruption investors, from the beginning when we started with continental airlines. People thought we were airline investors, but that was a moment in time. We have not done much airline investing in 10 years, but since that founding 25 years ago, we have constantly specialized in finding where the economy is changing and how we can expose capital to it. Emily you and david cofounded tpg in 1993. 1992. You were both working for the texas billionaire robert baath. What was it in those early days that set the stage for what tpg became . Jim we came to the industry from a different