Guinea-Bissau's new interim military leader is vowing a crackdown on drug trafficking and corruption after taking power General. And Tom was sworn in a day after soldiers arrested the president and ordered last weekend's election results to be suspended. For more.Let's bring in Bloomberg's on Darrell Ganga, who joins us now with the latest on terror. What more do we know. Good morning, Tom.A lot has escalated in Guinea-Bissau in the last 48 hours. First, it started with gunfire. The presidential palace was ...

Mark the dollar. I think we will resume the structural depreciation trend next year. I think there are potentially a number of factors, right, in that the most important is because of the Trump administration's pressure on the Fed.We know that the setting for monetary policy, wherever it's at, will be easier than Orthodox or Orthodox economics would recommend. And that is at a point when the rest of the world is coming, generally coming to the end of their easing cycles. I still think that the trade dynamic ...

Let's start with our top story. Hong Kong firefighters close to completing their search of seven burnt out apartment towers after a fire that is now known to have killed at least 94 people. Dozens of survivors remain in hospital with hundreds more left homeless as a criminal investigation continues into the cause of the disaster.Our China correspondent Minmin Low joins us now from an evacuation center in Hong Kong. And of course, hundreds have been displaced, Minmin. That's right.It's a chilly morning here. ...

What do we know that has caused this outage and what is the impact been so far. I think a couple of points to bear in mind as we look at some of the disarray this morning. A lot of brokers and traders coming in struggling to make sense of what's missing in the market.For one, it speaks to the dominance of the CME platform. You can see the wide range of assets that are affected here from U.S. government bonds to commodities to equities. It has happened before.I think thinking back to 2019, we had a couple of ...

Ramsey, what are we hearing from the president in terms of this potential potential visa ban, potential block on people, so-called so-called people, so-called third world countries. What do we know about the details. Yeah, you're right, Tom.And usual Trump social media posts. It's kind of unclear what he's what he's trying to say, though. It's very lengthy. It's very forceful.The headline that we that we ran in the big focus is this idea of permanently pausing immigration from third world countries. What's ...

Impact of US Tariffs on India - Higher US tariffs are already impacting India's exports to the US, leading to contraction in some product categories and affecting labor-intensive sectors, particularly MSMEs [1][2] - If India faces a 50% US tariff, it could result in approximately a 0.5 percentage point reduction on an annualized basis [3] Countercyclical Policy Easing - India has implemented countercyclical policies, including interest rate cuts, liquidity easing, and macroprudential easing, to boost credit and offset the impact of US tariffs over the next 12 months [3] Government Reform Measures - The government is supporting exporters and implementing reform measures, including tax cuts and labor reforms, to address potential pressure on growth [4] - Further reforms are expected to improve the ease of doing business, including decriminalizing laws [5] Attracting Foreign Investment - India aims to attract more foreign direct investment into sectors like atomic energy, insurance, and banking [6] Focus on Diversification and Self-Sufficiency - The focus remains on export diversification, boosting domestic demand, increasing self-sufficiency in the supply chain, and GVC integration [2][3][4][6] - India aims to signal that it remains open to business [7]

Holiday Shopping Trends - Luxury goods are expected to see a recovery during the Black Friday season, with an increase in consumer spending [1] - In-store shopping is making a comeback, with most shoppers planning to shop both in-store and online [2] - Consumers want to touch and feel products, experience retail, and receive personalized help in-store [2] - Hybrid shopping, across multiple channels, is becoming the norm, with consumers using AI in their shopping journeys [3] AI in Retail - Approximately 50% of consumers plan to use AI during the holiday season, primarily for initial shopping research and inspiration [4] - Large language models are changing the potential shopping journey, requiring retailers to strategize for AI search [7] Retail Challenges and Strategies - Retailers have largely settled into a "new norm" regarding tariffs, absorbing some costs into their margins and passing some onto consumers [8][9] - Retailers are working to meet consumer expectations for discounts and promotions during the holiday season [9] Buy Now Pay Later (BNPL) - The Buy Now Pay Later trend has stabilized, balancing with the desire for in-store shopping benefits [11]

Company Transformation & Strategy - Motorola Solutions transformed from a struggling cell phone business to a $60 billion+ powerhouse focusing on public safety communications [2] - The company's total return to shareholders has exceeded 1,000%, significantly outperforming the S&P and competitors [3] - CEO Greg Brown oversaw more than 50 acquisitions, including the $4.4 billion purchase of Silver Technologies, expanding into drone networks and uncrewed tech [4] - Motorola Solutions is focusing on being indispensable to those who respond to emergencies, rather than pursuing trendy gadgets [5] Products & Services - Motorola Solutions supplies a range of products, including heat-resistant microphones, AI-enabled radios, smart radios for firefighters, and license plate recognition tools [2] - The acquisition of Silver Technologies adds drone networks and uncrewed tech to Motorola's portfolio [4] Challenges & Risks - Motorola Solutions has faced regulatory challenges in the UK and a trade secrets battle with Chinese rival High Terror [5]

Talent Migration - Talent will continue to leave the UK ecosystem due to global competition [1][2] - Founders and CEOs are departing for countries with more favorable tax policies [2] - The UK is competing with the US, Dubai, Switzerland, Monaco, Lisbon, and Milan in a global war for talent [2] Budget Impact - The budget is considered bland and uninspiring for entrepreneurial communities [3] - The budget is not perceived as a growth-oriented budget [3] - Changes to stamp duty for UK IPOs are viewed as insufficient to solve underlying problems [3][4] IPO Market Sentiment - Top founders are not inclined to list in London [4] - Stamp duty holiday for UK IPOs is seen as merely rearranging the deck chairs on the Titanic [3][4]

Over the next few decades, it's estimated that over $90 trillion in assets is going to be passed down from baby boomers and the silent generation to millennials and Gen X. You know what else they're passing down. An avalanche of stuff.If you're lucky, it's just silver, china, brown furniture, and junk drawers full of batteries and flashlights. But boomers tend to collect lots more things like model trains or Hmel figurines, guns, baseball cards, and comic books. People are calling this the great stuff trans ...