Business
Bremmer: Threats to Shipping Through Red Sea Are Durable
Eurasia Group founder Ian Bremmer says the Red Sea crisis is creating durable threats to the shipping industry.
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Indian Prime Minister Narendra Modi called on President Vladimir Putin to end Russia’s war in Ukraine during a meeting on the sidelines of the Shanghai Cooperation Organization summit in Kyrgyzstan. Bloomberg’s Sudhi Ranjan Sen explains what leverage India has with Russia, why Modi made the appeal now and what it could mean for the two countries’ ties.
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Kenneth Rogoff, professor of economics at Harvard University and former chief economist at the IMF, discusses the US deficit problem and why he thinks it is unlikely to be addressed until a major crisis forces voters to act. He speaks with Bloomberg’s Tom Keene at the Federal Reserve’s annual conference in Jackson Hole, Wyoming.
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The US and Canada appear to be headed for a prolonged trade standoff, with no current negotiations and Canadian officials expecting serious talks may not resume until after the US midterm elections. Bloomberg News White House Correspondent Jeff Mason and Bloomberg News Executive Editor for Canada Derek Decloet are on Bloomberg This Weekend with Christina Ruffini and Bailey Lipschultz to discuss the economic pain on both sides of the border, Canada’s push to diversify its trade and whether Prime Minister Mark Carney’s resistance to President Donald Trump could influence how other US allies respond.
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Canadian officials said Tuesday they would match new tariffs imposed by President Donald Trump “dollar-for-dollar, rate-for-rate.” Canada will double its existing counter-tariffs on US steel and aluminum to 50% and levy new 15% to 50% tariffs on about $20 million worth of American products.
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The Iran war has transformed how cooking gas reaches millions across Asia and Africa. India has kept LPG flowing by redrawing supply routes and boosting domestic output, but the disruption has come at a cost. Akriti Sharma explains.
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@MTSeeker-jc1xm
December 23, 2023 at 8:47 pm
Lloyd is playing the role of the Butler in "Django Unchained" in the west's Neo-colonialism projects.
@Bonjour-World
December 23, 2023 at 8:47 pm
And Egypt spent all that money to 'upgrade' the Suez canal. Guess they failed to plan on their Muslim Jihadist brothers putting them out of business.
@HorizonEyes
December 23, 2023 at 8:47 pm
Hopefully the rebels can keep this going indefinitely.
@Nofreespeech-bw9gd
December 23, 2023 at 8:47 pm
Yemen has every right to defend their waters and themselves.
@tomhammer1784
December 23, 2023 at 8:47 pm
Why don’t they just get House speaker Mike Johnson (AKA-Moses) to just part the red seas and mitigate the potential risks?
@robertbowers6423
December 23, 2023 at 8:47 pm
Mine arent
I just TOLD EVERYBODY
" WHOMIT IS , AND WHAT " IS BRINGING THIS " SEA GATES ABD WATER-WAY SHIOPING
PROBLEM .
GO READ MY FIRST COMMENT FOR TODAY ( SAME SUBJECT ) .
@fritzpollard266
December 23, 2023 at 8:47 pm
While Biden was running for President he was hailed as the “most qualified candidate ever” on foreign relations but he has done nothing but bring the world closer to WW3 than then the Cuban Missile Crisis and added fuel to the fire of every armed conflict around the globe while also dooming Afghanistan to being ruled by terrorists and making the deaths of tens of thousands of people who fought to bring democracy to that land meaningless because the cost to American taxpayers was to great to continuing to support them yet is bankrupting America to feed the global war machine.
@kimshienbaum3071
December 23, 2023 at 8:47 pm
Remember Jefferson vs the Barbary pirates
Except we are facing barbarians not Barbary pirates. Iran is a toothless enemy right now.
@greenyonline
December 23, 2023 at 8:47 pm
Poor choice of title words me thinks.
@33Treez
December 23, 2023 at 8:47 pm
REDTHISANDWINMYROonSOLANA@Tym4477
December 23, 2023 at 8:47 pm
America is starting to look like the terrorist to me! When will these tyrants be held to any accountability. US governments can abuse our constitution, yet we the people cant get truth or transparency about their corruption, tyranny, scandles, activities and misconducts nor do they have to speak on it. That is insane to allow. These media outlets are only their mouthpiece. It is governments role to uphold the constitution, not challenge it.
@kennethschlegel870
December 23, 2023 at 8:47 pm
We are looking at this all wrong, the US Navy just got their own version of NTC, we have our own permanent OPFOR giving us unscripted training scenarios😅 just gonna keep farming those drones and missiles for XP
@user-ce3jf6ws5d
December 23, 2023 at 8:47 pm
You mean those ships aren't built to defend against not really pirates? I mean I could see if they were in giant war vessels , but those are John boats. Sts and sta missiles should come standard on anything carrying billions in cargo…. should have a little apache on board and a crew of pilots and snipers… what gives? Theater? 800 billion is a lot.
@kenclark9535
December 23, 2023 at 8:47 pm
The U.S. needs a Defense Secretary with some BRAINS AND TESTICLES. Lloyd Austin has neither!
@user-yz9ye6xp7q
December 23, 2023 at 8:47 pm
And WMD's were¿¿¿ Just because Goebbels says something, all don't have to believe or follow…
@cynthiarowley719
December 23, 2023 at 8:47 pm
Go around. Make a plan. Now
@AmitKumar-tg7of
December 23, 2023 at 8:47 pm
Alix hands are very quite today
@ananas808
December 23, 2023 at 8:47 pm
It’s a big hit to Europeans not the Egyptian economy lol
@ddb12345
December 23, 2023 at 8:47 pm
Houthis and Iran are one and the same. Just like Israel and USA are one and the same. Biden's Gaza policies will be the reason he does not get re-elected. If Republicans are smart enough to dump Trump, they will win the WH for sure. Trump is the only one Biden has a chance to beat.
@VDP207
December 23, 2023 at 8:47 pm
How is Egypt impacted if at all?
@Patrick-kq9fy
December 23, 2023 at 8:47 pm
The title makes no sense. "Durable?"
Doesn't he mean, "endurable," or "bearable"?
@willrose5424
December 23, 2023 at 8:47 pm
Why is it called the Red Sea? The blood of empires
@LogicVsFacts
December 23, 2023 at 8:47 pm
Amidst these turbulent and uncertain geopolitical times, the entire world looks to the UK with optimism, anticipating that once again, the UK will take the lead in guiding toward peace and prosperity. The Mighty Britain must assume responsibility for global issues, given its strength and capabilities to address worldwide crises. Happy and Glorious 🇬🇧.