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Zelenskiy on Ukraine War Funds, Weapons, Frozen Russian Assets
Bloomberg Television· 2025-11-13 11:37
Geopolitical & Economic Impact - Ukrainian President urges EU allies to resolve divisions on frozen Russian assets for critical funding [1] - Ukraine needs the funding to survive and continue fighting against Moscow [1] - Alternative funding sources will be necessary if the EU doesn't reach a decision [1] Military & Conflict - Discussion includes the need for more front-line weapons and air defense [1] - The report mentions the battle for Pokrovsk, Russian losses, and Ukraine's conscription efforts [1] Energy & Sanctions - The report references Trump's push for Europe to ban Russian LNG and related sanctions [1] - Russia is targeting Ukraine's energy infrastructure [1]
The Shutdown’s Over. So What Happens Next? #trump #politics
Bloomberg Television· 2025-11-13 08:35
Government Funding & Shutdown - US government is reopening after the longest shutdown in history [1] - The House passed a funding measure by a vote of 222 to 209 [2] - The legislation funds the government through January 30th [3] - Federal layoffs are banned through January 30th [3] Healthcare & Policy - The funding measure doesn't include an extension to the Affordable Care Act premium subsidies [2] - A mid-December vote in the Senate is promised on extending the tax credits [2] - Healthcare is likely to be the next major point of contention [3] Economic Impact & Recovery - SNAP food benefits are not expected to be at risk during the next negotiation [3] - Fully restarting the federal government will take time [3] - It will take a week to start lifting flight restrictions at major airports [4] - October jobs and inflation reports are unlikely to be released, clouding economic visibility [4]
Africa News: Dangote Plans Zimbabwe Investment of Up to $1 Billion
Bloomberg Television· 2025-11-13 06:53
Investment Climate & Policy - A decade ago, a similar deal fell apart due to red tape, lack of guarantees, and alleged bribery attempts under President Robert Mugabe's administration [1][2] - The previous administration resisted cost-reflective tariffs and US dollar charges for coal, hindering investment in a 15 million tonnes capacity cement plant [2][3][4] - Aliko Dangote praised President Emmerson Mnangagwa's reforms and economic turnaround, leading to renewed investment in Zimbabwe [5][6] - Zimbabwe's efforts to attract investment have faced hurdles including transparency, corruption, hyperinflation, and currency instability [6][7] Industry & Sector Focus - Dangote previously considered investments in cement and coal in 2015, which did not materialize [1] - Dangote planned to build a 15 million tonnes capacity cement plant, which collapsed previously [4] - The current investment spans coal, cement, and fertilizer sectors [7] Potential Impact & Opportunities - If the deal is finalized, it could signal a return of investors to Zimbabwe [7] - The deal is considered a significant political win for President Emmerson Mnangagwa, who advocates for Zimbabwe's openness to investment [6] - Other investors, including the Chinese, are already active and performing well in these industries [4]
President Trump Signs Spending Bill to End Record US Government Shutdown
Bloomberg Television· 2025-11-13 04:26
Government Shutdown Impact - The shutdown cost the country $0.5 trillion [1] - 20,000 flights were canceled or delayed due to the shutdown [4] - Over 1 million government workers were deprived of their paychecks [5] - Food stamp benefits were cut off for millions of Americans [5] - Tens of thousands of federal contractors and small businesses went unpaid [6] Political Stance - Republicans voted 15 times for a clean continuation of funding [1] - Democrats insisted on creating the longest government shutdown in American history for political reasons [2] - The speaker calls for a termination to the filibuster to prevent future shutdowns [6] Key Supporters - The speaker thanks Speaker Mike Johnson, Senate Majority Leader John Thune, House Majority Leader Steve Scalise, and Majority Whip Tom Emmer [3] - The speaker thanks the Teamsters, the American Federation of Government Employees, the Fraternal Order of Police, the National Small Business Association, the American Farm Bureau, and the American Trucking Association [3] - The speaker thanks Airlines for America, the Allied Pilots Association, and the National Air Traffic Controllers Association [4]
House Panel Releases Additional 20K+ Epstein Documents | Balance of Power 11/12/2025
Bloomberg Television· 2025-11-13 01:17
Government Shutdown & Fiscal Policy - The House is expected to vote to reopen the government after a shutdown of over 50 days [4][13] - Democrats claim Republicans are blindly loyal to Donald Trump and not interested in addressing the rising costs impacting American people [6] - Republicans accuse Democrats of filibustering important spending bills, including those for food stamps, air traffic controllers, and TSA agents [64] - A potential government shutdown looms in January, with a 50/50 chance of it occurring [12][84] - Discussions around healthcare and the Affordable Care Act (ACA) are needed, as rates are increasing for the American people [85][88] Healthcare & ACA - Democrats emphasize the issue of affordability, stating Republicans have done nothing but raise prices for working families [11] - The debate over extending Obamacare subsidies is ongoing, with potential votes in the House and Senate [12] - Republicans express concerns about the structure of ACA subsidies, alleging waste, fraud, and abuse, with funds padding the pockets of insurance companies [68] - There is a need to address the rising cost of healthcare, with potential negotiations and conversations to reform or replace Obamacare [64][69] - The President suggests sending cash directly to people to negotiate with insurers, but Democrats are asking for the Republican plan to replace or reform Obamacare [69] Epstein Files & Transparency - Newly released emails related to Jeffrey Epstein are intensifying scrutiny over President Trump's relationship with the disgraced financier [3][19][44] - A discharge petition to release the Epstein files has reached 218 signatures, potentially leading to a vote in early December [3][14][16] - The White House claims the emails are a distraction from the Democrats as they try to navigate the shutdown [22] - There are legal questions surrounding the emails and whether they create legal exposure for President Trump [48] - The release of the files is about accountability and listening to the demands of the American people [17] Economic Indicators & Federal Reserve - Subprime borrowers at least 60 days past due on car payments are rising to 665%, the highest rate since data collection started 30 years ago [80] - The Atlanta Fed President plans to retire at the end of his current term in February [57] - A potential quarter-point rate cut by the Federal Reserve is in question, with policymakers divided about the outlook for policy [61]
Democrat Grijalva Sworn In, Setting Up Vote on Epstein Files
Bloomberg Television· 2025-11-12 23:19
that you will bear true faith and allegiance to the same, that you take this obligation freely without any mental reservation or purpose of evasion, and that you will well and faithfully discharge the duties of the office on which you are about to enter. So help you God. >> I do.>> Congratulations. You're now a member of the United Congress. ...
Epstein emails prove nothing and show Trump did nothing wrong, Says White House's Leavitt
Bloomberg Television· 2025-11-12 23:18
These emails prove absolutely nothing other than the fact that President Trump did nothing wrong. And what President Trump has always said is that he was from Palm Beach and so was Jeffrey Epstein. Jeffrey Epstein was a member at Mara Lago until President Trump kicked him out because Jeffrey Epstein was a pedophile and he was a creep.This administration has done more than any. And it just shows how this is truly a manufactured hoax by the Democrat party for now they're talking about it all of a sudden becau ...
Epstein emails suggest Trump knew of his activities #shorts
Bloomberg Television· 2025-11-12 23:16
House Democrats released newly obtained emails from Jeffrey Epstein alleging that President Trump quote spent hours at his home with one of Epstein's victims and quote knew about the girls. The messages sent years after Epstein's 2008 conviction were written to Gileain Maxwell and author Michael Wolf. Democrats say the emails raise new questions about Trump's ties to Epste and accuse the White House of withholding the related files.The president denies all wrongdoing, calling the claims a political hoax. No ...
Pressure Will Stay On Oil Prices, Chevron CEO Says
Bloomberg Television· 2025-11-12 22:53
Strategic Direction & Growth - Chevron is bigger, stronger, and better than ever, with growing free cash flow and earnings over the next five years [2] - Free cash flow is growing at greater than 10% compound annual growth rate, driven by the core business and supplemented by new opportunities [2] - The company plans to be operational with its data center power project by 2027 [4] - Exploration spending is set to increase by approximately 50% [11] Data Center Power Project - Chevron is entering the power business to support the coming boom in AI and the need for more power to support data center buildout [3] - The power project will be disconnected from the grid and serve only a dedicated customer for AI [3] - The company has 5 gigawatts of power generation to support facilities in remote locations without grid access [6] - The data centers will be located close to the gas supply and fiber infrastructure in West Texas [8][10] Market Dynamics & Supply - Demand for energy will only grow into the future, with oil and gas demand growing to 2050 based on current policies [15] - Oil prices in 2026 are likely to feel more pressure than LNG prices due to supply coming back from OPEC plus countries [19][20] - LNG spot prices are expected to be pressured due to high supply from new projects in the Middle East and the United States [19][20]
House Democrats Release 20,000 Pages of Epstein Estate Documents
Bloomberg Television· 2025-11-12 22:31
I expect that elderly to grow up will sign today. That gives us 218 and early December. We will have a vote.But look, the Epstein class in American politics need to go. These are rich and powerful people who either covered up for Jeffrey Epstein or who themselves abused young girls. And the American people are tired of it. They're tired of one set of rules for rich people who have friends, who are politicians and another set of rules for ordinary Americans.So I believe the House will pass this and it's goin ...