Bloomberg Quicktake Podcasts

Russian President Vladimir Putin hosted Iran’s president Thursday as part of a blitz round of Middle East diplomacy that also included visits to United Arab Emirates and Saudi Arabia in efforts to raise Moscow’s profile as a power broker in the region.Putin has cast the Israel-Hamas war as a failure of U.S. diplomacy and suggested Moscow could be a…

"Is your policy a joke and your #government a laughing stock?" #UK Prime Minister Rishi #Sunak urges people to "look at the results" as he defends his push to deport asylum seekers to #Rwanda, despite being told #migrants in Calais, France are mocking it. #worldnews #politics #geopolitics #France--------Subscribe to our YouTube channel: https://tri…

The Lebanese militant group Hezbollah last fought a war with Israel in 2006. Since 2012, when it turned its attention to helping Syrian President Bashar al-Assad prevail against rebels, Israeli officials have warned that a day would come when Hezbollah’s fighters would again turn their focus to Israel — this time having gained significant combat ex…

Former President Donald Trump is a New York courtroom again as his civil fraud trial continues. Trump is in court to watch an accounting professor discuss financial topics important to the case. Trump is scheduled to take the stand Monday, for a second time.The Republican 2024 presidential front-runner is devoting a lot of attention to the New York…

#China's President #Xi Jinping told #EuropeanUnion leaders that the two sides should step up cooperation during a meeting in #Beijing as #Brussels pushes Beijing to address its economic frustrations. #worldnews #politics #geopolitics--------Subscribe to our YouTube channel: https://trib.al/KM4k5RASubscribe to Bloomberg Originals: https://trib.al/dJ…

Russian President Vladimir Putin met with Saudi Crown Prince Mohammed Bin Salman as part of a rare foreign trip to the Gulf region that aimed to strengthen partnerships and defy US and European efforts to isolate him on the global stage.“We have stable and very good relations in terms of political interaction, economics, and in the humanitarian sec…

Former UN Ambassador Nikki Haley solidified her claim to be the main alternative to Donald Trump for the Republican presidential nomination, drawing attacks from her rivals over her connections to Wall Street donors and hawkish foreign policy views.The fourth debate highlighted how the GOP race has shifted in her favor in the polls and donor suppor…

President Joe Biden said dozens of Democrats could beat Donald Trump but he still has the best chance of preventing the Republican former president from returning to the White House.“Probably 50 of them,” Biden told reporters Wednesday when asked if he believed other Democrats could defeat Trump, or if only he could do so. “I’m not the only one, bu…

Senator Elizabeth Warren, a prominent Democrat and frequent bank critic, used her time at the Senate Banking Committee’s Wall Street oversight hearing to ask about crypto — leading to a rare moment of unity between her and JPMorgan Chase & Co. CEO Jamie Dimon.--------Subscribe to our YouTube channel: https://trib.al/KM4k5RASubscribe to Bloomberg Or…

India’s stock market value reached more than $4 trillion Tuesday for the first time, marking a key milestone for the world’s fifth-biggest equity market as it rapidly narrows the gap with slumping Hong Kong.The market capitalization of companies listed on India’s exchanges has risen by $1 trillion in less than three years, as the South Asian market…

Jakarta is the fastest-sinking megacity on the planet — and it only has until 2030 to find a solution. Here’s where the billionaire CEO of an instant noodles company comes in.--------Subscribe to our YouTube channel: https://trib.al/KM4k5RASubscribe to Bloomberg Originals: https://trib.al/dJv9Uw8Bloomberg Quicktake brings you global social video sp…

JPMorgan Chase Chair and CEO Jamie Dimon says he's been deeply opposed to crypto and the government should "close it down." He speaks during testimony before the Senate Banking Committee.--------Subscribe to our YouTube channel: https://trib.al/KM4k5RASubscribe to Bloomberg Originals: https://trib.al/dJv9Uw8Bloomberg Quicktake brings you global soc…

Russian President Vladimir Putin arrived in Saudi Arabia for a meeting with Crown Prince Mohammed Bin Salman as part of a rare foreign trip to strengthen partnerships in the Gulf, and defying US and European efforts to isolate him on the global stage.Putin arrived in Riyadh from Abu Dhabi, where his two-nation tour began earlier on Wednesday, accor…

Republican Rep. Kevin McCarthy of California says he's resigning from his congressional seat two months after his historic ouster as House speaker. McCarthy announced in The Wall Street Journal on Wednesday he'll step down at the end of the year, saying he'll “serve America in new ways.”McCarthy made history in October when a contingent of hard-rig…

Russian President Vladimir Putin began a trip Wednesday to Saudi Arabia and the United Arab Emirates, hoping to shore up support in the Mideast from two major oil producers allied to the U.S. as his war on Ukraine grinds on.Putin landed in Abu Dhabi, the capital of the Emirates, a federation of seven sheikhdoms now hosting the United Nations’ COP28…

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The future of money is in your pocket — the one you keep your phone in, not your wallet. A growing portion of the world’s population is making phone-assisted transactions. They’re using a variety of technologies, from the text-message system popular in Kenya to the seamless credit card-and-app arrangements that move money for every Lyft and Uber ri…

When factories belch smoke, everybody pays. Shouldn’t polluters be the ones to feel the sting instead? That’s the big idea behind carbon pricing: Add a levy so that emissions of greenhouse gases have a cost in line with their environmental damage. Using market forces should be the most efficient way to get companies to change their ways and to figh…

Call anything a Category 5 storm, disaster or crisis and immediately it sounds awful. The label owes much of its weight to the Saffir-Simpson Hurricane Wind Scale, which is cited routinely (if rarely by its full name) this time of year during the Atlantic hurricane season. But destructive storms like Hurricane Florence underscore the inherent weakn…

When it comes to saving the world’s rainforests, governments can make a big difference, and fast. Take Indonesia, which in 2012 surpassed Brazil as the world’s leader in tropical rainforest destruction. In 2017, it engineered a 60 percent drop in tree loss from the previous year by strictly enforcing protections in vulnerable regions. On the other …

Not so long ago, homebuyers, entrepreneurs and investors went hat-in-hand to the bank to apply for a mortgage, small-business credit line or brokerage account. Financial technology, or fintech, is rapidly changing all that by making it easier to save, borrow and invest online or with a mobile device, without ever dealing with a traditional bank. Fo…

A surge in mobile-data demand worldwide has more and more people asking when they’ll get that speedy next-generation 5G mobile service. Companies are wondering, too, since 5G has the potential to revolutionize everything from self-driving cars to robotic surgery. Mobile providers are racing to patent technologies that will form the industry standar…

A minute-long video of Barack Obama has been seen more than 4.8 million times since April. It shows the former U.S. president seated, with the American flag in the background, speaking directly to the viewer and using an obscenity to refer to his successor, Donald Trump. Or rather, his lips move as the words are spoken. The video is actually a so-c…

All eyes are on Canada as it prepares to legalize recreational marijuana in October, becoming only the second country to do so after Uruguay. The pending change has touched off an investment boom and pushed up valuations of Canada’s cannabis producers. They’re enjoying a first-mover advantage as medical and recreational pot gain traction from the U…

To see the impact of record-breaking temperatures around the world, watch wheat. Found in everything from bread to noodles, biscuits to cereals, beer to cakes -- there is no more widely grown staple crop and more than 170 million metric tons trade every year. So when the weather ruins harvests in one spot, it can shock markets and economies that ar…

Once again, stocks are hot. Following a drubbing earlier in the year, benchmark indexes are setting new records as investors ignore warning signs and keep piling in. Is this another rally justified by robust earnings, lower taxes and less regulation? Or is it something that rings alarms, a melt-up? Charlie Pellet talks to Luke Kawa to sort out the …

The allure of the West has helped shape Russian history since Peter the Great three centuries ago. Now it’s shattering even older bonds with Russia's neighbor, Ukraine. In 2013, a rebellion sparked by pro-European Ukrainians seeking a decisive break from the nation’s Soviet past set in motion a chain of events that created the tensest standoff betw…

DNA tests are a game-changing technology poised to reshape how we see ourselves and live our lives. So-called direct-to-consumer DNA testing companies like 23andMe, Ancestry and Helix advertise the ability to reveal your ancestry, inform you of your health status, and even guide you on how to exercise and eat -- all for $200 or less. Recent headlin…