Proposali think the has huge potential, and i think the challenges for the transaction of the exchange for services and so forth, today, still has lots of obstacles to be overcome, including that of security and privacy. Nonetheless, we look forward to observing and participating in this because i really do think it is the wave of the future. As senator tillis said, we are either going to be responding to it or actively involved and running from it. Thank you. Senator cortez . Senator thank you very much. We appreciate you being here and answering the questions. This is obviously very innovative for all of us and exciting. Have a couple of questions if you thought through some concerns many of us have. One for me is something i dealt with in nevada as the attorney generals the issue of Money Laundering. I know there is clear Regulatory Oversight we have now to address Money Laundering that comes in so many forms, but one is terrorist financing that moneylaundering supports. How will th
Arab officials have blamed on iran. Protesters in sudan are threatening to launch a Civil Disobedience Campaign to pressure the ruling military to hand over power to a new civilian government. The threat comes after a twoday strike failed to produce results. Talks between protesters and the military about the transfer of power remained stalled more than a months massive protests through longtime ruler threw longtime ruler Omar Albashir primeowerful to in india, minister Narendra Modi has been sworn in for a second term. His Hindu Nationalist Party won overwhelming victory. Todays ceremony was attended by several sub asian leaders. Modi did not invite pakistans prime minister, a sign that tends relations continue between the nucleararmed rivals. Global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. I am Mark Crumpton. This is bloomberg. Scarlet it is 2 00 p. M. In new york, 7 00 p. M. In london. Live f
Applied to the overall economy. This is when he had to say. I have seen capitalism evolve in a way that is not working well for the majority of americans because its producing self enforcing spirals up for the haves and down for the. Venots alix you pair that with what jamie dimon say, blaming policy out of d. C. David it is a little bit of enlightened selfinterest. It is the right thing, but also the smart thing. It is the gilded age. If we are leaving everyone else behind, sooner or later it is going to catch up with us. David it sets the tone and frame alix it sets the tone and frame for jobs day. Not a lot of movement on trade as futures try to get an upside. Eurodollar flat on the day. Crude flat. It feels like very much waiting for those numbers. David now it is time for the bloomberg first take. We are joined by the chief u. S. Economist for Bloomberg Economics and bloombergs head of etf coverage. Your consensus is the general consensus, but in fairness, you got there first. We
Lisa in the markets come a tepid action across the board. On futures up slightly constructive talk about trade. Stocks in europe a little higher. The euro gaining barely, basically flat. I think the biggest story of the day is crude. You did get a read that production out of the u. S. Was more than people expected, setting prices a little lower. David it is time now for the morning brief. U. S. japanese trade talks get underway in washington today. In san diego, the jury trial to resolve apples patent dispute with qualcomm gets started. Chinay evening, we get numbers for overall growth, as well as chinese retail sales and industrial output. Thursday, u. S. Retail Sales Numbers for last month are released. Friday, it is the good friday holiday, with markets closed, but u. S. Housing data expected nonetheless. Lisa lets get the bloomberg first take. For that we are joined by Peggy Collins and lou cobb. Of course, there is the imf meeting that happened last week. One of the starkest issue
. Hat are we doing here carol the president going on to say he was right when he chastised the fed when it was still being aggressive when it came to Interest Rates and saying i was right about this. Maybe President Trump was right the whole time. Alix in the markets, definitely a risk off day. It is a huge rally in global bonds, the two things you really need to know. S p futures off by 4 10. Eurodollar is taking the cake here. The outperformance of the bond market in europe a big one to watch. Carol for the bloomberg first take, we are joined by gina martin adams, chief equity strategist for bloomberg intelligence, and rachel evans come our bloomberg etf reporter. We thought we may be ending the week on a quiet note, but we are not. Lets start with news out of europe. We continue to look at the euro zone. The bloomberg, youve got a look at the euro zone pmi. We did see a contraction coming in for the region. The weakness again mirroring sentiment weve heard from the European Central