And in europe and its response to be replicated elsewhere. First good to have you with us lawmakers in the u. S. Congress are preparing to block president Donald Trumps order to withdraw u. S. Troops from germany its a rare instance of the democratic and republican parties working together to pass legislation the final version of the annual defense bill was which still needs to be voted on voices support for the continued presence of u. S. Forces in germany and would require an Impact Assessment before any troops are removed in july the pentagon announced it would withdraw about a 3rd of the 36000 u. S. Troops based in. So how likely is it that u. S. Troops will not speak withdrawn from. Washington correspondent stephanie has actually it is very likely that there wont be any withdrawal at least not under the reigns of this administration of the triumvirate ministration as you pointed out the budget Defense Budget package which is 4500 pages that is a double whopper theyre. Saying that
Government wasnt warned nato secretary general stoltenberg wasnt warned so there was more concern about how this was done than perhaps what the actual eventual movements might be but as stephan just explained there may be bureaucratic reasons why it doesnt happen at all and we got some hints about that earlier this week ahead of the nato minister ariel from the u. S. Ambassador Kay Bailey Hutchison she said that she expects this decision to be made by the Incoming Administration and thats not all she told us about what the plans may be lets hear from her i want to say that the announcement about troops in germany was also an announcement that the troops all the troops that were there before would be in europe its just whether or not they stay in germany or whether they are moved to other places in certain instances so but has been well is just been put forward but it certainly will be open for another administration to look at where it is at the time that they take over so in fact when
It doesnt happen at all and we got some hints about that earlier this week ahead of the nato minister ariel from the u. S. Ambassador Kay Bailey Hutchison she said that she expects this decision to be made by the Incoming Administration and thats not all she told us about what the plans may be lets hear from her i want to say that the announcement about troops in germany was also an announcement that the troops all the troops that were there before would be in europe its just whether or not they stay in germany or whether they are moved to other places in certain instances so but it has been well it is been put forward but it certainly will be open for another administration to look at where it is at the time that they take over so in fact when President Trump made this announcement he said very clearly that he thought he may be bringing troops home from europe out of europe back to the United States and that is not what the ambassador is saying now at the time he said he may put some
Studio. Plus many are calling it a Seismic Shift fulfill the promise announces a Game Changing Distribution Plan for 2021 us fans for joy sing but fear to owners down in the dumps. Because you have you with us lawmakers in the u. S. Congress are preparing to block president Donald Trumps order to withdraw u. S. Troops from germany its a rare instance off the democratic and republican parties working together to pass legislation the final version of the annual defense bill which still needs to be voted on his support for the continued presence of u. S. Forces in germany and it would require an Impact Assessment before any troops are removed in july this year the pentagon announced it would withdraw about a 3rd of the 36000. 00 u. S. Troops based here. So how likely is it that u. S. Troops will not be withdrawn from germany washington correspondent stephanie this is. Actually it is very likely that there wont be any withdrawal at least not under the reigns of this administration of the t
The British Government told businesses today to be ready for big changes when the u. K. Makes its final break from the eu in one month. Opec and its allies need more time to reach a deal on Oil Production policy. A meeting today broke down today without any agreement. Again ministers will try thursday to allow more time to figure out whether to delay a planned increase in output starting in january. Supporters say the market is too fragile to absorb more oil. Global news 24 hours a day, onair, and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. Im mark crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. Treasury secretary Steve Mnuchin and jay powell testifying earlier before congress on the cares act. Itsla says the fed will use tools until