Business
Harvard Alumni Wants to Help Thailand Reclaim Lost Decade
Thailand’s Move Forward Party wants to reclaim the lost decade under a military-backed rule by de-monopolizing businesses and reducing the role of armed forces, its leader Pita Limjaroenrat tells Bloomberg News. The opposition party will also push for decentralization of economic power outside its capital and commercial hub Bangkok if it wins next month’s general election, Pita, an alumnus of Harvard Kennedy School of Government and MIT Sloan School of Management said in an interview on April 19, 2023.
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Ed Morris, Senior Adviser and Commodities Expert, discusses the recent fall in Brent crude oil prices. The decline is attributed to market attention on the potential impact of Iran sanctions, which are influencing supply expectations and investor sentiment in the commodities market. He speaks with Romaine Bostick on “The Close.”
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“The fundamental thing that’s really important is unemployment is low, and people have jobs. As long as we have that, I think the lower-end customer holds in,” says Citizens Financial Chairman and CEO Bruce Van Saun.
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Bloomberg Money takes the pulse of your financial life, powered by the reporting of our global newsroom. Today’s guests: Kenneth Rogoff, Harvard Professor of Economics, and Nela Richardson, ADP Chief Economist & ESG Officer.
Chapters:
00:00:00 – Bloomberg Money Begins
00:03:14 – Bloomberg’s Enda Curran Discusses Kevin Warsh’s Comments in Jackson Hole
00:06:11 – Bloomberg’s Nikki Waller and Stacey Vanek Smith Talk About the News Impacting Your Money
00:12:23 – Kenneth Rogoff, Harvard Professor of Economics
00:20:29 – Tom Keene Provides His Final Thoughts from Jackson Hole
00:21:42 – Bloomberg’s Taylor Nicole Rogers on US Employers Abandoning Health Insurance as Price Hikes Bite
00:24:43 – Nela Richardson, ADP Chief Economist & ESG Officer
00:33:28 – Bloomberg’s Sarah Foster and Zijia Song Discuss People Without Kids Hacking 529 Accounts
00:41:35 – Scarlet Fu and Christina Ruffini Talk About Upcoming Events Impacting Your Money
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“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Jessica Taylor, Senate and Governors Editor at the Cook Political Report with Amy Walter, says public and private polling shows the Texas Senate race essentially tied, with Ken Paxton’s political and personal baggage helping put the state in play for Democrats. Former US Ambassador to NATO Ivo Daalder says the Trump administration lacks a concerted strategy to pressure Russia into negotiations, arguing Washington needs to combine continued military support for Ukraine with stronger economic pressure and diplomacy. Texas Agriculture Commissioner Sid Miller says President Trump’s push to bring in more foreign beef is hurting US ranchers and could cost Republicans support in the midterm elections.
Chapters:
00:02:27 Bloomberg’s Kate Sullivan on Trump Heads to Texas as Senate Race Tightens
00:06:20 Jessica Taylor, Senate and Governors Editor at the Cook Political Report with Amy Walter, on Texas Senate Race Moves to Toss-Up
00:09:30 Jessica Taylor on Midterm Battlegrounds and Canada Trade Fallout
00:11:36 Power Moves: Top Financial Moves
00:14:59 Ivo Daalder, Former US Ambassador to NATO, on Russia, Ukraine and the Risk to NATO
00:17:01 Ivo Daalder on Trump-Putin Relationship and US Strategy
00:18:43 Ivo Daalder on How the US Could Pressure Russia
00:21:02 Ivo Daalder on Would the US Defend NATO Allies?
00:23:01 Ivo Daalder on China’s Role in the Russia-Ukraine War
00:24:44 Sid Miller, Texas Agriculture Commissioner, on Trump’s Beef Tariff Move Draws Rancher Backlash
00:27:54 Sid Miller Warns of More Farmer Bailouts
00:30:02 Sid Miller on Could Trump Lose Support From Farmers?
00:30:55 Sid Miller on Texas Data Centers Spark New Concerns
00:33:31 Bloomberg’s Mike McKee on Fed Officials Gather at Jackson Hole
00:36:56 Political Panel Reacts: Texas Senate Race and the Midterm Map, Can Congress Help Farmers Before the Midterms?, What’s Next After Karoline Leavitt?
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Earl Davis, BMO Global Asset Management Fixed Income & Money Markets head, says using the Treasury General Account to fund expanded buybacks is not a significant worry for him. Davis says he would be a big buyer of 10-year bonds at 5%. He speaks on “Bloomberg Surveillance.”
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@kjtakk
December 22, 2023 at 5:52 pm
เพิ่งกลับมาย้อยฟังเทียบกับของคุณ ศฐ พบว่านอกจากเนื้อหาคุณ ศฐ จะไม่ถูกอธิบายให้เห็นภาพแล้ว ความคมของคำตอบและความสามารถทางภาษาพาเสียดายคุณพิธาค่ะ
@thorlamarnmana
December 22, 2023 at 5:52 pm
ใครเหนือ
@carterhayes4624
December 22, 2023 at 5:52 pm
He wants to bring liberal leftist policies to Thailand, but the wise elders in the government realize the danger that represents and will stop them
@nongthip
December 22, 2023 at 5:52 pm
I am a MFP supporter and believe Pita and his party can be the best step forward for Thailand. Unfortunately I am not Thai so I can't vote, and also unfortunately MFP have failed to get enough Senate votes to form a government and name Pita as their Prime Minister. Now they have deferred to their runner-up party Pheu Thai and it still remains unclear if their alliance will be sustained or if Pheu Thai will double-cross them and go form a coalition with other parties in order to get enough Senate support to form a government and name a PM. So the real enemy of democracy at this stage is the military-appointed Senate who have shown they will never accept Pita as the next PM and this is a real punch in the face of democracy when in fact MFP was voted in the majority by Thai voters in the May election. These Senators have until the end of their term (next May) to continue blocking the will of the people and then I/we hope they will be sent packing and go retire to dinosaur-land. I believe and hope that Pita will never give up and help move the country forward. Oh and today is Thaksin Shinawatra's 74th birthday, and he said repeatedly he is returning to Thailand to face his charges and go to jail, so at least for now, Happy Birthday =)
@ChevSarina-il7du
December 22, 2023 at 5:52 pm
❤❤❤
@wallacekatini3424
December 22, 2023 at 5:52 pm
Pita has been REJECTED because of rumours of his GAYISM 😂😂look at the rainbow flag in his room lol 🏳️🌈🏳️🌈😂😂
@Gardeningnature768
December 22, 2023 at 5:52 pm
🎉🎉🎉
@liayesung5721
December 22, 2023 at 5:52 pm
we will wait for you 🧡🕊️
@user-xk5xq8zl9h
December 22, 2023 at 5:52 pm
i like you my prime minister pita
@jdmjdm2304
December 22, 2023 at 5:52 pm
‼️ The election in Thailand was won by the Move Forward Party, signaling progress. However, their ability to advance has been hindered by an unusual law implemented by the pro-military government. This law grants appointed senators the power to vote for the prime minister. Surprisingly, they voted against Mr. Pita, the leader of the Move Forward Party. Allowing appointed senators to influence the voting process clearly deviates from democratic principles.‼️
@SawLerPewy
December 22, 2023 at 5:52 pm
God Bless you patter🎉❤
@targe4070
December 22, 2023 at 5:52 pm
The face of American's dog that bite the dust 💪😎🇺🇲🇮🇱🇺🇦
@PhuriphatKraikoom
December 22, 2023 at 5:52 pm
No matter how Military coup build government to cheat other political party
Pita still will be only chance of Thailand to reach glory
@natureallseasons
December 22, 2023 at 5:52 pm
All WARs in the USA were done and plotted by Elizerbeth2, her family is behind frauding and theft, Li Hsien Loong, with WONG kan Seng, NG Joo Hee, CHANs tied to CHAN Sek keong, CHAN Wei Hong, LIN-YIH, TAN Chuan Jin, Melvin YONG Yik Chye, POH hock guan, Wayne Li of SAVILLS management office staff, and the Singapore POLICE looting CCTVs to escorts getting them to impersonate videos, the 30 years of WAR was done and plotted by Elizerbeth2 with NG Joo Hee, and her indian in the UK, they are behind house break INS and robberies with escorts , Li Hsien Loong did it to fund Obamas presidency and all these WARS they plotted with Halimah YACOB, Masagos Zukifli, Tony TAN, TAN Chuan Jin from the early 90s till present, 30 years of WAR was plotted by all of them swindling cash to themselves inside the Singapore Police with escorts, tied to CalCarries, -Jane Leong, Angelyn Li with WONG kan Seng, Fann WONG, the producers inside Mediacorp. They are doing it with Fann WONG, Jeanette AW tied to bank frauds, Kate Middleton and Megan Markle with all of them in drugs, prostitute trafficking and robberies inside the Singapore Police looting CCTVs. With a Malay Sadon Suraiman whose brother committed robbery. They looted out the TAX to fund their OWN WARs, repeated it again during the pandemic.
@xueue01
December 22, 2023 at 5:52 pm
Puppet!!!
@jdmjdm2304
December 22, 2023 at 5:52 pm
The color orange is synonymous with The Move Forward Party, led by Pita. Supporters express their allegiance to the party or Prime Minister Pita by using orange emojis, including the orange heart emoji.
Over a month has passed, and Pita continues to face scrutiny from the election committee and other entities suspected of being influenced by nefarious forces employing unfair tactics. This is because Pita's rise to power would make it exceedingly challenging to conceal past wrongdoings and expose many hidden truths.
Detractors are attempting to implicate Pita by claiming that he holds a mere 0.0035% stake in a media company whose revenue no longer derives from media-related activities. Moreover, Pita holds these shares in a fiduciary capacity, indicating that he is not necessarily the actual owner. In 2019, he had already provided a copy of the court order appointing him as a trustee to the National Anti-Corruption Commission. However, the National Anti-Corruption Commission recently discovered that the original document had been misplaced by the court.
The international community is closely monitoring these developments.
@wiiwrapon3075
December 22, 2023 at 5:52 pm
Erlaube es nicht. General Prayuth ist noch böser. Je mehr du kämpfst, desto mehr kämpfst du. Wenn du es nicht in Thailand zulässt, muss General Prayuth Thailand verlassen
@wiiwrapon3075
December 22, 2023 at 5:52 pm
Erlaube es nicht. General Prayuth ist noch böser. Je mehr du kämpfst, desto mehr kämpfst du. Wenn du es nicht in Thailand zulässt, muss General Prayuth Thailand verlassen
@wiiwrapon3075
December 22, 2023 at 5:52 pm
Erlaube es nicht. General Prayuth ist noch böser. Je mehr du kämpfst, desto mehr kämpfst du. Wenn du es nicht in Thailand zulässt, muss General Prayuth Thailand verlassen
@wiiwrapon3075
December 22, 2023 at 5:52 pm
Erlaube es nicht. General Prayuth ist noch böser. Je mehr du kämpfst, desto mehr kämpfst du. Wenn du es nicht in Thailand zulässt, muss General Prayuth Thailand verlassen
@noijinpeed
December 22, 2023 at 5:52 pm
That the prime minister from this election is a very fake liar.
@ARC7IT3CT
December 22, 2023 at 5:52 pm
Democracy is unlikely in a country with a dominant military over the civilian government.
@serendipity5951
December 22, 2023 at 5:52 pm
Deserving to be the new Prime Minister. He has the personality and intellect to be a good PM.
@jdmjdm2304
December 22, 2023 at 5:52 pm
Mr. Pita, the leader of Thailand's Move Forward party, which emerged victorious in the country's election on May 14, 2023. However, a concerning situation has arisen as certain Thailand Senators appointed by the military government appear to disregard democratic principles by planning not to vote for Mr. Pita as prime minister, despite his rightful claim to the position. This raises the question of whether these senators should face restrictions on entering countries that prioritize and uphold democratic values.
In today's interconnected world, it is essential for the international community to closely monitor the unfolding of this prime ministerial voting process. The decision made by these senators holds significance beyond Thailand's borders, as it reflects the commitment to democratic norms and principles. As such, it is crucial for global stakeholders to pay attention to this situation and assess its implications for democracy at large.
@alyanton2157
December 22, 2023 at 5:52 pm
DO GET Express causes 🙄 THAILAND 🇹🇭 PM GET overthrown BY corrupting governances loyalty TO corrupted KING 👑
@victoriousfuelled
December 22, 2023 at 5:52 pm
excited for this dear neighbor
@marshalljulie3676
December 22, 2023 at 5:52 pm
A bunch of Americans pretending to be Thai citizen in the comment section just to push the agenda forward i hope the Thai people actually wakes up and see that they are being fooled by western forces 😂😂😂
@marshalljulie3676
December 22, 2023 at 5:52 pm
😂😂😂he wants Thailand to be another western slave that's all
@user-ci9sm8yj8t
December 22, 2023 at 5:52 pm
นี่คือผู้นำที่เราอยากได้
@Capybara10638
December 22, 2023 at 5:52 pm
ก้าวไกลฉลาดมากแถมยังหล่อด้วย🧡🧡🧡
@waterbuffalo867
December 22, 2023 at 5:52 pm
Change is not gonna happen anytime soon. You can not smoothly or decisively win without millions of RIFLES and BULLETS. All these stupid junk elections were just a bunch of futile fake ceremonies which weren't going to change anything anytime soon. From now on, people will learn more from the past and present scenarios. More will understand by watching all the lies and rifts from all sides, and from all the useless consensus, referendum, elections, polls, poop shows, talk show, or whatever you like to call. It's like a show for idiots to follow. Drama series, or we could say a comedy show. A show to entertain people who have already understood the true purpose of all elections in all countries on Earth. ( Even in USA ) You voice is worthless. Nobody cares about your voice unless you have cashes and a lot of (armed) men bolstering/watching your back.
I've never been to any elections, any referendum, any consensus. I don't even know what that means, and what it's really all about. I only watch this for entertainment purposes.
You live in this country, you don't waste your time going to vote. Let the clowns work on its circus. We are the audiences. Our job is only to watch them dance around. Have fun….
@arcticredpanda4598
December 22, 2023 at 5:52 pm
Media seems weirdly obsessed that he went to Harvard.
@jugkaji
December 22, 2023 at 5:52 pm
😊
@PimmyHappyWorld
December 22, 2023 at 5:52 pm
อย่าเพ้อเจ้อค่ะ ไอ่เด็กสปอยล์ตาเข ด้อยค่าคนอื่นที่เค้าทำงานไปแล้ว พูดให้ตัวเองดูดี ทั้งที่ตัวเองประสบการณ์อะไรก็ไม่มียังจะมามั่นหน้าเกินเบอร์พอๆ กับพี่ธรชังชาติหัวหน้าแกงค์คุณ
อายุเราเท่ากันแต่ไม่เห็นรู้สึกว่าคุณฉลาดหัวก้าวหน้ารักประเทศอะไรเลย อยากจะมาเปลี่ยนแปลงอะไรๆ เพื่ออยากเอาชนะแค่นั้น จะเปลี่ยนแต่ละอย่างมีแววแต่จะให้ศีลธรรมเสื่อมทรามลง ไม่ได้หวังดีต่อประเทศจริงๆ จบที่ไหนหรือเป็นคนรุ่นใหม่ไม่ได้แปลว่าความคิดดีเสมอไป
เมื่อก่อนไม่ชอบทั้งทักษิณทั้งลุงตู่ แต่ขอเลือกสองคนนี้ดีกว่าคุณเยอะ 🤢🤮
@user-nb4ru4zu5s
December 22, 2023 at 5:52 pm
ถึงแม้จะฟังภาอังกฤษไม่ออกแต่ก็รับรู้ได้ไม่มีประโยคไหนที่คุณพิธาตอบว่าไม่รู้
@TaRWEi14K
December 22, 2023 at 5:52 pm
สุดยอด❤
@LoveSmileLivemyanmar12
December 22, 2023 at 5:52 pm
Big mouth insulting dude should be in jail. NOT FOR PM.
@user-Chaowalit
December 22, 2023 at 5:52 pm
รัฐบาลทหารเป็นคนเตรียมพร้อมทุกอย่างไว้ให้แล้ว เดินหน้าต่อไปด้วยคนรุ่นใหม่เจริญแน่ ประเทศไทย
@TheMay4u
December 22, 2023 at 5:52 pm
คุณพิธาสู้ ๆ นะคะ เป็นกำลังใจให้เสมอน้า 🧡
@localfarang
December 22, 2023 at 5:52 pm
As an American living in Thailand this is the most hope I have
felt in many years. Sadly not in my own country lol. You go Thailand more power to you!
@leewn2319
December 22, 2023 at 5:52 pm
It is hoped that whatever help and assistance Harvard University gives to Thailand there is no hidden agenda or strings attached.
@kentamoza8222
December 22, 2023 at 5:52 pm
ทำผมทรงนี้ เหมือนคุณจักรภพเพ็ญแข
@garymclaughin
December 22, 2023 at 5:52 pm
Havard alumni looks good 👍
@NKT2711
December 22, 2023 at 5:52 pm
🇹🇭🇹🇭🇹🇭🇹🇭🇹🇭🇹🇭🇹🇭🇹🇭🥰🥰🥰🥰🥰🥰
@apoxabpower6649
December 22, 2023 at 5:52 pm
I gave up Thailand politic for more than 40 years now live in US…but I have some hope for the future…when this man become next PM….
@user-sc4ti2hf8l
December 22, 2023 at 5:52 pm
We are proud that Phitha will become our Prime Minister who will change our country for the better in all aspects.
@therock8224
December 22, 2023 at 5:52 pm
"The new normal in Thailand after Covid" seems to be permanent mask wearing, among something like 75% of the country's population, despite the mask mandate having been lifted 11 months ago now.
@poonsrisrethaphakdi5776
December 22, 2023 at 5:52 pm
Thank you!