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Bitcoin on Track for Worst Month Since 2022 Crypto Collapse
Bloomberg Television· 2025-11-21 11:30
We keep dipping below $82,000. It's obviously been a rocky ride for Bitcoin. What's behind it.At least last time we knew there were some scandals that rocked the world. What's rocking it this time. This time, what we're hearing that it is mostly kind of a risk off attitude from institutional and retail investors when things start to get rocky elsewhere. If you look at stocks or particularly in AI this week in big tech stocks, Bitcoin is one of those first things that kind of acts as a bellwether to go becau ...
Markets Set to Stay Shaky Ahead of Thanksgiving: 3-Minute MLIV
Bloomberg Television· 2025-11-21 10:58
Talk me through what your view of the price. Actually, just over the last 24 hours, it's been worth kind of one of the history books. Yeah.I mean, certainly I think it all comes from a place of unease. It comes from the fact that you've got very high valuations. Yesterday, obviously, we got the labour market report for September.Now that I don't think was particularly concerning, Yes, unemployment rate ticked up, but it was because of a rising participation rate and that seems like it's unlikely to repeat. ...
US Trades Barbs With South Africa Over G-20 Involvement After Ramaphosa Claim
Bloomberg Television· 2025-11-21 07:43
We have received a notice from the United States, a notice which we are still in discussions with them over. About. A change of mind about participating in one shape, form or other in the summit.So the discussions are still ongoing. I saw the South African president running his mouth a little bit against the United States and the president of the United States earlier today. And that language is not appreciated by the president or his team.The ambassador or the representative of the embassy in South Africa ...
Ukraine-Russia War: Zelenskiy Agrees to Review Draft US Peace Plan
Bloomberg Television· 2025-11-21 07:10
So a very diplomatic reaction from from the Ukrainian president only to these to these proposals that look challenging, to say the least, for Ukraine. Yeah, I think I think challenging would be a sort of modest way of proposing and suggesting what we've seen from the US administration and what they've brokered with the Russians. And we should say though that this is sort of zelenskiy's approach ever since that catastrophic meeting in the Oval Office back in February when Trump says Jump, we low, Zelensky sa ...
Singapore Faces an Increasingly Fragmented World
Bloomberg Television· 2025-11-21 07:00
Navigating a fragmented world can be tough, especially for small countries like Singapore that rely on trade. That's something we understand at Bloomberg and why we've [music] brought the new economy forum here. For more than half a century, Singapore thrived on the frictionless flow of goods, talent, and trust.But those currents are reversing. President Trump has destabilized the global economy with new tariff barriers. Meanwhile, the US China rivalry is intensifying [music] and testing alliances.So, where ...
UK to Allow High-Earners New, Faster Visa Path to Residency
Bloomberg Television· 2025-11-21 06:30
The UK is planning a fast track to citizenship for high earners. For those eyeing the UK, if they earn over £125,000 and have a visa to be in the country, it means they'll only have to wait 3 years until they can get permanent residency in the UK. That's 2 years shorter than the system at the moment and up to 7 years shorter than everyone else will have to wait.It's a message to the wealthy who are here or who are thinking of coming here that they are [music] wanted as the UK tries to boost growth. So, it's ...
One Indian family is making a fortune off of gold's record run #economy #india
Bloomberg Television· 2025-11-21 06:30
Gold is on a tear and this billionaire family is reaping the benefits. Indians don't just like gold, they're hurted. Households own about 34,600 [music] tons value at around 3.8% trillion US.[music] That's more than the combined official reserves of the seven major world powers, the US, Germany, Russia, China, [music] and the rest of the G7. The Indian Wood family have been offering [music] gold loans for just under a century and they are currently on a winning streak as [music] consumers are taking advanta ...
Lebanon is ready to talk to #Israel About Peace, Prime Minister Says #politics
Bloomberg Television· 2025-11-21 06:00
A few weeks ago, the Lebanese president, President H said, "The language, this is a quote, the language of negotiation, this with Israel, is more important than the language of war." Uh, and people read that as uh an offer to negotiate either directly or indirectly with Israel. >> Uh yeah, we repeat that same offer, readiness to negotiate with Israel. That's not the first time.I mean, we'll be negotiated with negotiating with Israel. weed in order to delineate our maritime border with Israel two two years a ...
Is De-Dollarization Real and Is There a Viable Alternative?
Bloomberg Television· 2025-11-21 05:01
Dollar Dominance - The dollar's dominance is being chipped away, but there is no question about its overall strength [1] - No viable alternative to the dollar exists in the short term as a reserve currency [2] - Alternatives like the Japanese yen, the euro, precious metals (gold), and Bitcoin each have their own problems [2] US Economic Strength - The US is backed by the world's largest economy with deep, liquid capital markets and military strength [3] - The US remains the world's number one economy [3] - Despite global debate, the dollar is not expected to be dethroned at this stage [3]
AI Literacy Skills ‘Critical’ in Job Market: Rishi Sunak
Bloomberg Television· 2025-11-21 05:01
You know, you see jobs requiring some degree of AI literacy, doubling year-on-year in the UK, in the US. I think that will continue. And that's not software experts or computer scientists.That's just whatever job you're doing, having the AI literacy skills so that you don't lose your, you know, lose your job to someone who is proficient with them, I think is critical. So I think that's a kind of overriding piece of advice. I think a few specific things that I think about is that we're never going to lose th ...