Let's just kind of sum up what Andrew Bailey has to say yesterday, downplaying the 30 year. You can understand why and also kind of downplaying the possibility of an interest rate cuts as well. Yes.That overall that the tone has been interpreted as being cautious. And this is probably confirming the paring back we've seen in bets about further rate cuts going forward in the year. So we had our August rate cut decision.We had this historic deadlock amongst the monetary Policy committee members. So this is re ...

Sim, thank you so much for being here with me. Tom was just talking about just how significant this G-20 summit potentially could be if we do see a communique actually coming later this year. We're seeing a number of geopolitical tensions, though, getting in the way of a number of financial institutions as Africa's biggest bank.Talk about how you're navigating that right now. Jennifer, the world is complicated. It's going through a very turbulent time now.We've not seen the levels of volatility for decades. ...

Video shows emergency workers in Lisbon responding to an accident that saw an iconic tram car derailed in the Portuguese capital. Fifteen people died and 18 were injured as Elevador da Gloria, as it is known, derailed shortly after 6 p.m. local time and crashed against a building. (Source: Associated Press) -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit ht ...

A water rescue caught on body cam video in New Mexico. First responders rushing to a mom, her child, their dog during major flooding. This is so scary.They're trapped on top of a car as the water's rising. But you can see crews got out there. They used a rope. They got a harness.They managed to get everybody to safety. Uh just incredible. ...

It's a path to know where to meet with the current head of administration, to put it carefully. It's possible I never rejected it. If this meeting is more prepared and will lead to some positive possible results, Donald asked me if it is possible to hold such a meeting.I said Yes, it is possible. If Zelenskiy is ready, he should come to Moscow and the meeting will take place. Our Europe correspondent Oliver Crook has the latest.I don't know what you made about. Surely Zelenskiy would never set foot in Russi ...

Feels as though the market sentiment towards oil is turning increasingly bearish. What would you say is the consensus view amongst the analyst community out there right now. Glug, glug glug.I think that's the big story that people are contending with, not just as we move into the fourth quarter, but as Goldman Sachs is saying. We'll see as we move into next year. The big issue with your money is that, you know, you've seen OPEC bring back so many barrels.The two and a half million barrels a day that they fa ...

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So with the focus shifting to AI, you could make an argument that the US has the lead there still. But on the other hand, I suppose you could argue that AI also needs vast amounts of physical infrastructure, including data centers, energy, chips. Who has the upper hand when it comes to AI.>> I don't have a super strong view on this, but I could outline a potential scenario that China could be leading on AI based on a few factors. First and most important, as you point out, Tracy, that China has a lot of ele ...

We looked a lot at how GPD5 would impact our users before we decided okay let's put this into the product and we looked at how long time it took to get responses. We looked at our quantitative evals and then we just vibe checked it in many different ways and what we concluded was that it's often times too ambitious for our users and that's why we decided hey this is very smart so let's give it to all our users and see what they tell us in terms of what's good and what's bad. What we found was that for the u ...

This is a dramatic moment. A 70-year-old Florida woman out $60,000 in an online scam confronts the man authorities say played a role in the crime. >> How many other people did you spend their money.>> No, that's the only money I got. >> The Valuchia County Sheriff's Office arresting and extraditing 56-year-old Cory Woodall from North Carolina to Florida, where he now faces charges of organized scheme to defraud and grand theft. >> When you defraud my residents here, we take that really, really seriously.She ...