Pres. Trump i hosted a call with Benjamin Netanyahu of mohammad binme salman of the United Arab Emirates where they decided to sign a historic everyone said this would be impossible. Mohammed is one of the great leaders of the middle east. After 49 years israel and the United Arab Emirates will fully normalize their diplomatic relations, they will exchange embassies and ambassadors and begin cooperation across the ofrd and do a broad range areas including tourism, education, health care, trade, and security. This is a truly historic moment. Not since the israel jordan peace treaty we signed more than 25 years ago has so much progress been made towards peace in the middle east by uniting two of americas closest and most capable partners in the region, something they said could not be done, this is a significant step towards building a more peaceful, secure, and prosperous middle east. Ice has been broken i expect more arab and muslim countries will follow the United Arab Emirates lead.
Elections as a new coalition coming together. He was given up as dead politically, and we are looking called 2. 0. Eing taylor the one mdb scandal sends a malaysian leader back to court. The Opioid Crisis hits the bottom line for a toptier company. A lot of questions remain and no opioid maker is out of the woods. Taylor a longtime Federal Reserve leader claims the banks should play a political role. This is going to give ammunition to trump. Taylor in San Francisco fed daly with mary thoughts on policy for a fed leader. I supported the change to put the economy back in a good position. Taylor it is all straight ahead on bloomberg best. Taylor hello and welcome. I am taylor riggs. This is bloomberg best, your weekly review of the most important news, analysis, and interviews from Bloomberg Television around the world. Lets start with the day by day look at the top headlines. Ater last week closed with flurry of tariff threats between the u. S. And china, President Trump delivered posit
Deadnd of given up as politically, and we are looking at what is being postponed. Mdb scandal sends a malaysian leader back to court. The Opioid Crisis hits the bottom line for a toptier company. A lot of questions remain and no opioid maker is out of the woods. Taylor a longtime Federal Reserve leader claims the banks should play a political role. This is going to give ammunition to trump. Francisco,san exclusive thoughts on policy pass for a fed leader. I supported the change to put the economy back in a good position. Taylor it is all straight ahead on bloomberg best. Taylor hello and welcome. This is bloomberg best, your weekly review of the most important news, analysis, and interviews from Bloomberg Television around the world. Lets start with a look at the top headlines. After last weekly with a flurry of tariff threats between the u. S. And china, President Trump delivered positive news in a press conference at the g7 summit. S p futures have turned positive after President Tru
Of to a good start on this tuesday. Negative atead is 1. 51 . Apparently Phillip Morris and ultra are going to try to get back together and altria are going to try to get back together. Phillip morris is down. Europe, a nice bounce with the stoxx 600 up 6 10 of 1 . The ftse maybe the best ib themer the ftse m best performer for individual indices. Weaker by 6 10nd of 1 . In a Bloomberg Opinion piece today, former new york fed president bill dudley calling President Trumps trade war with china a manufactured disaster in the making. The question for policymakers is e policy mitigate the damage or refuse to play along . Increasing the risk of a stateion, officials could officially that the central bank wont bail out an administration that keeps making bad decisions on trade policy, making it abundantly clear that trump will own the consequent is of his actions. We are joined by Michael Mckee, and it washington, d. C. Come a trade reporter shawn donnan. Michael, this is a very interesting
Before one of the major holidays. We are heading for the end of the year. That is the attitude today. All three averages at simultaneous highs. Tied to optimism over the tax bill and the effect andould have on corporate stock prices. All three averages are reaching highs. The nasdaq has been lagging. We have a graphical look at this. The white lines are the times that the major averages closed at highs. The dow 69 closing high, now counting today. The s p is 61, and the nasdaq is 71. That is the number of times those major averages closed at records. The dow is close to breaking its record in recordsetting closes for the year. The last time it was this high was in 1995. Some of the out that we have seen include elliott management. In thend a half stake company and it seems numerous strategic opportunities. Shares are soaring nearly 50 . Jp morgan calls it one of his top midcap ideas for next year. Products are improving. Maker wasipment upgraded at keybank. An analyst says the stock is