Workflow
Bloomberg Television
icon
Search documents
Trump buying 11 ice breakers from Finland
Bloomberg Television· 2025-10-10 01:43
We have a big order coming up. We're uh buying ice breakers. Uh we're building them together for the most part.Uh we're doing four over there and seven over here. And we negotiated a pretty tough price. I think we're buying the finest ice breakers uh in the world.And Finland's known for making them. They sort of have almost a monopoly on ice breakers if you think about it. Nobody makes them like Finland.I've heard that for a long time. So we're going to have a total of 11. And I think the reason that we've ...
Trump could cut Democratic programs due to shutdown
Bloomberg Television· 2025-10-10 01:43
will be making cuts that will be permanent and we're only going to cut Democrat programs. I hate to tell you. I guess that's makes sense, but we're only cutting Democrat programs.Uh but we're going to start that. And we have Russell who can talk to you about it if he wants to. But we're we'll be cutting some very popular Democrat uh programs that aren't popular with Republicans, frankly, because that's the way it works.They wanted to do this, so we'll give them a little taste of their own medicine. The prob ...
Key Takeaways From NY AG Letitia James DOJ Indictment
Bloomberg Television· 2025-10-09 22:29
Legal & Political Analysis - The analysis draws parallels between the situation and the James Comey case, suggesting potential weaponization of prosecutorial decisions by the president [1][2] - Concerns are raised about the lack of probable cause in the indictments and the ethical implications for the prosecutors involved [2] - The president's public statements are seen as influencing the prosecution, raising questions about conflicts of interest [3][4][5] - Senator Schiff suggests the Justice Department is being used to target political enemies [6][7] - The analysis suggests potential legal action against Donald Trump after leaving office, including possible impeachment articles [10] Separation of Powers & Federalism - The situation implicates separation of powers and federalism issues, particularly concerning the prosecution of political opponents [8][9] - The analysis questions whether prosecuting enemies is an official duty of the president, potentially negating presidential immunity [9] - Pam Bondi's duty as Attorney General is to the Constitution, not to the President [10][11]
Israel, Hamas Reach Deal to Free Hostages in Gaza Breakthrough
Bloomberg Television· 2025-10-09 21:57
And for all intents and purposes, the Gaza war should now be over. Though whether there will be peace, as envisaged by President Trump, remains to be seen. In talks at an Egyptian resort, delegates from Israel and Hamas agreed to implement the first phase of the Trump plan, a release by the Palestinian faction of the last living hostages from its October 7th, 2023 raid, which triggered the conflict alongside the remains of dozens of others.Israel will redeploy within the Gaza Strip and in turn free almost 2 ...
NY Attorney General Letitia James Indicted on Mortgage Fraud Charges
Bloomberg Television· 2025-10-09 21:12
Keith, what do we know so far about this indictment. Well, what happened earlier today was New York Attorney General Letitia James was charged here in Virginia of committing mortgage fraud when she purchased a property right here in Virginia in 2023. That was interesting, is that this is now the second President Trump's political post to be charged here in Virginia with his indictment.As you all know, a couple of weeks ago, former FBI Director James Comey was also charged here in Virginia. Right. Well, to t ...
Jimmy Kimmel: “I’d love to have Trump on the show”
Bloomberg Television· 2025-10-09 21:02
I'd love to have Trump on the show for sure. Yeah. >> I I mean I feel like he he knows if that he want I don't know.All right, I'll ask him. I think what has happened over the last like 3 weeks I think was very unfair to the my bosses at Disney. I don't think anyone should ever be put in a position like this.It is insane. And I hope that we drew a a really really bold red line as Americans about what we will and will not accept. I mean, I really hope that that's what comes out of all of this. ...
DIGI: Citi's Max Layton
Bloomberg Television· 2025-10-09 20:58
When you look at gold's price action today, gold futures are lower for the first time. It feels like in about five or six days the dollar is stronger and there seems to be a shift in tone on the US dollar. Can the dollar and gold continue to move higher at the same time.If there is this sea change in more conviction in dollar strength going forward. Well, that's a great question. I think that speaks to our our preference.We prefer silver at the moment over gold around a week and a half ago, we upgrade our s ...
Argentine Peso Rebounds After US Treasury Intervention
Bloomberg Television· 2025-10-09 20:54
We've been on watch here for a few days now. We get the confirmation that the US is coming and intervening in these markets. What do we know so far. So we know what Besson tweeted, right.That they finalized talks for this 20 billion swap line, which the Argentine economic team has been in DC for a few days discussing. I think they flew in Friday and he also made this, I think, a bit surprising and extraordinary step to say we we stepped into currency markets and bought pesos directly, which I think caught e ...
US Launches $20 Billion Financial Rescue of Argentina
Bloomberg Television· 2025-10-09 20:53
Breaking news here. The US agreeing on an Argentina $20 billion swap line where it would help buy pesos. This framework basically allows for that and helps support that country's currency because this has kind of been an ongoing story that has been very disruptive.Absolutely. Certainly in the financial markets. We're hearing from Treasury Secretary Scott Bessant saying that the US Treasury is prepared immediately to take whatever exceptional measures are warranted to provide stability to markets.So the US s ...
Chicago Mayor, Facing $1.15B Deficit, to Unveil New Budget
Bloomberg Television· 2025-10-09 20:49
Budget & Fiscal Policy - The report focuses on the mayor's proposed budget, specifically examining the mix of spending cuts and tax increases [1][2] - The analysis questions whether the mayor will consider budget cuts, given his historical reluctance to do so [2] - The report highlights the mayor's focus on increasing taxes for corporations and high-income earners [3] - The report emphasizes the need to address a $1.5 billion deficit for 2026 [5] Debt & Municipal Bonds - The city's potential reliance on debt to cover budget shortfalls is a key concern [4] - The city is active in the municipal bond market, primarily for infrastructure projects [4] - Airport financing is separate from the city's general budget [5] Credit Ratings & Pension Liabilities - Rating agencies view Chicago's pension liabilities as a significant pressure point [7] - The city's pension costs have increased due to recent legislation [8] - The administration needs to address the ongoing structural deficit to avoid potential ratings downgrades [8]