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Inside the US effort to rebuild Venezuela’s oil industry #shorts #venezuela #oil #chriswright
Bloomberg Television· 2026-02-20 20:00
Crew diplomacy was on full display in a surreal visit with energy secretary Chris Wright to Caracus. We just spoke to Secretary Wright on the plane briefly talking to reporters about what he plans to do here. He is now the highest ranking US government official set foot in Venezuela since the capturing of Nicholas Maduro earlier this year.The secretary spent two days with acting president Deli Rodriguez, the former number two to Nicholas Maduro, who is now running the country. First at the Mera Flores Palac ...
Bessent Says Tariff Revenue Will Be Little Changed in 2026
Bloomberg Television· 2026-02-20 19:57
This morning, we all woke up and came in and. And you just address it on the tariffs. It was a63 vote.What when you initially saw that, were you surprised. Were you. Is that something you were anticipating that the vote would go the way it did or.I know you mentioned a lot of the things that they didn't vote on, but is it did it kind of go the way you thought. I was a little surprised because I was in the Supreme Court hearing, mercifully. I am not a lawyer.When people say, how do you like D. C. I said, the ...
US Economic Resilience Weights on Rate Cut Bets, Private Credit Risks | Real Yield 2/20/2026
Bloomberg Television· 2026-02-20 19:16
SCARLETT: FROM NEW YORK CITY, I'M SCARLET FU. THE ONE HOUR ADDITION OF "BLOOMBERG REAL YIELD" STARTS RIGHT NOW. COMING UP, THE SUPREME COURT STRIKES DOWN PRESIDENT TRUMP'S GLOBAL TARIFFS, SENDING TREASURIES DOWN AND YIELDS UP.WHILE STUBBORN INFLATION DATA COUPLED WITH WEAKER GDP SIGNALS THE FED CAN AFFORD TO TAKE ITS TIME LOWERING INTEREST RATES. AND THE FALLOUT FROM BLUE OWL'S DECISION TO RESTRICT WITHDRAWALS FROM ONE OF ITS PRIVATE CREDIT FUNDS. A WEAKENING CASE FOR IMMEDIATE FED RATE CUTS IS THE BIG ISSU ...
How Japan’s work culture is evolving #shorts #japan #workculture
Bloomberg Television· 2026-02-20 19:03
There was the salary man that we all talked about when you had a long-term job, fairly quiet, not a lot of raises, but it was a lot of stability. This is a different world. >> Well, that yes, that's a kind of uh uh stereotype kind of image of the Japanese workers.But it's amazingly since uh 2015 or 16 about one out of three new freshmen to the companies are thinking to leave the company to join their startups is one of the most popular job the university students to choose. used to be like a bureaucrats or ...
Trump to Impose 10% Global Tariff After SCOTUS Ruling
Bloomberg Television· 2026-02-20 18:52
In order to protect our country, a president can actually charge more tariffs than I was charging in the past. Period of a year. Under the various tariff authority so we can use other of the statutes, other of the tariff authorities.Which have also been confirmed. And are fully allowed. Therefore effective immediately all national security tariffs under Section 232 and existing Section 301 tariffs their existing their.Remain in place. Fully in place. And in full force and effect.Today I will sign an order t ...
Trump Says Alternatives Will Be Used to Replace Rejected Tariffs
Bloomberg Television· 2026-02-20 18:50
Other alternatives will now be used to replace the ones that the court incorrectly rejected. We have alternatives. Great alternatives could be more money will take in more money and will be a lot stronger for it.We're taking in hundreds of billions of dollars. We'll continue to do so. To show you how ridiculous the opinion is, however, the court said that I'm not allowed to charge even $1.I can't charge $1. Can't judge a dollar. I would have used one penny.But we don't make the pennies anymore. We save mone ...
West Virginia sues Apple over child sex abuse material
Bloomberg Television· 2026-02-20 18:44
And we hear from our law enforcement partners all the time that when we're trying to find these child predators, the people who take these pictures, distribute these pictures, use these pictures to groom other children, that they have a very very difficult time finding these images uh when the user, the the the pornographer, the child predator uh is saving them in an iCloud. And so for us, I you know, I appreciate the fact that Apple uh is committed to user privacy. Uh but that privacy ends when you decide ...
Trump Calls Supreme Court Tariff Ruling 'Deeply Disappointing'
Bloomberg Television· 2026-02-20 18:42
The Supreme Court's ruling on tariffs is deeply disappointing. And I'm ashamed of certain members of the court absolutely ashamed for not having the courage to do what's right for our country. I'd like to thank and congratulate Justices Thomas Alito and Kavanaugh for their strength and wisdom and love of our country, which is right now very proud of those justices.When you read the dissenting opinions, there is no way that anyone can argue against them. There's no way foreign countries that have been rippin ...
This is a Tremendous Day For The Constitution Says Treyz
Bloomberg Television· 2026-02-20 18:20
This is just a tremendous day, a huge win for the Constitution, for folks who cover tax policy, for anybody who remembers the Revolutionary War, we fought against specifically a taxation power that Congress did not have any say over. So this is, in my opinion, the largest and most impactful macroeconomic ruling the courts have ever delivered. So just a tremendous day.It is in line with what the market was expecting. You could see that investors were very prepared to rip the retail stocks. Everybody, everybo ...
Stocks Whipsaw as Court Strikes Down Trump Tariffs
Bloomberg Television· 2026-02-20 18:20
I interrogates very carefully there about the idea of folks that this is not a big deal. I'm going to go against that. I think it is a huge deal on a legal basis.I'll defer to June Grasso was prodigious chops all the people at Bloomberg opinion. But what I look at frankly more, Joe, is your area, which is the politics of it. And I think there's been a huge historical struggle here with we've done this before and I'm going to go back to 1890 when the Irish protectionist William McKinley in Congress lost his ...