Nejra chinese tech giant huawei stays in the news and remains under a microscope. And Paul Tudor Jones saying investors should worry about tariffs, he just doesnt know how much. We have not seen tariffs since 1929, 1930. There is no playbook for this. Nejra and the governor of the bank of japan speaks exclusively with bloomberg about trade challenges. We all hope that trade tensions will vanish. We may combine various monetary tools. Nejra its all straight ahead on bloomberg best. Hello and welcome. Im nejra cehic. This is bloomberg best, your weekly review of the most important Business News and , analysis, and interviews from around the world. Lets start with a day by day look at the top headlines. Global markets breathed a sigh of relief on monday after President Trump announced he would not impose a set of threatened tariffs on mexico. Mexico has won a reprieve after donald trump indefinitely suspended his plans for tariffs. Trump has also vowed mexico would soon make large agricul
Galaxy note 8. And uber may be on the right road with losses. It is now a mere 645 million. A reminder to our viewers on what happened today in the u. S. , you have to remember what happened last night. You guys were still trading in donald trumpsident said this. President trump we have to close down our government, we are building that wall. Let me be clear to democrats in congress who oppose the border wall and stand in the way of Border Security. You are putting all of americas safety at risk. Betty Republican Leaders sweating bullets after the comments. That hit the markets,. Today, risk off. Right after trade, you had mitch mcconnell, the Senate Majority leader who had been rumored to not have spoken to trump for weeks, ane, he is working with the president. They are going to Work Together on tax reform. Trying to alleviate the market, that this Government Shutdown is nowhere near happening despite what you heard from trump. Betty is increasingly casee is increasingly the the you
Coming off the joint news conference. That inches up toward the top of the page. And the president is likely to address greece when he was asked a question about it. Well get into this with bill miller. Find out why he remains bullish on the u. S. Stock market even though he thinks the fed will raise rates as early as june. Hell name the stocks hes looking at right now. Dont miss that exclusive interview coming up. All right. This man was named ronald lee. He recently died at the age of 92 after decades working as a janitor andq gas station attendant. So how did he amass an 8 million fortune in the stock market that no one knew about . Youll hear this mans entire amazing story. Find out how he did it. I love this story. I cannot wait for that. Here is where we stand. In the markets the dow having a tough session. Just above 17,700. The nasdaq off by 19. Joining our the Closing Bell Exchange is aaron gibbs bill from jpmorgan asset management. Jason pride from glen meade and our own rick
2. 64. Our road map begins with with the fax shutting down for the first time in 17 years. 800 federal workers furloughed. Merck cutting an additional 8,500 jobs, aiming to reduce annual operating costs by 2. 5 billion. All of that. Plus more and mad moneys big milestone tonight. First, the federal government has begun a Government Shutdown. 800,000 federal workers will be furloughed today with national parks, smithsonian, museums, most federal offices closing. We mentioned what gold is doing. Why how is the market trying to arbitrage this, jim . I think this is one of the crux of things. Europe is getting stronger, japan had some good things. Futures percolate, this morning they were up 8 and now theyve been cut in half. As theyve been cut in half people say this is a great opportunity again, ill sell again and buy lower. And up opening in the face, this, theres a lot of people who think is going to be resolved by friday. I was with my friend who say do not believe this is going to be
Russia fails to reach an agreement with china over gas sales as his trip wraps up. But putin assures he has support over ukraine just days ahead of elections. A leading president ial candidate tells cnbc his country is not ready for a union with europe. Youre watching worldwide exchange, bringing you Business News from around the globe. Good morning, everyone. Yes, youre watching worldwide exchange, Ross Westgate and julia chatterley are out today. Lets get back to one of our top stories. The deal is not done an a blow to president putin, china wont reach an agreement to import natural gas from russia during his visit this week. The trip had been hailed as a key test, a sign of russian ties with russian leader calling china a reliable friend and russias leading trade partner. If seened, the deal could be worth 400 billion over 30 years. Meanwhile, the white house has, again, reiterated it sees no need to sign russian troop withdrawal from the ukrainian boarder. Countering claims from v