Business
China Halts Exports of Some Rare-Earth Processing Technologies
China is set to ban exports of technologies for making rare-earth metals and rare-earth magnets. The move by the world’s dominant supplier of the minerals might make it harder for the US and other western nations to bolster supplies of strategic raw materials. Paul Allen reports on Bloomberg Television.
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The days of stumbling across a cheap seat on a popular flight may soon be over. K. Oanh Ha explains how airlines are adopting AI to squeeze more revenue from every flight.
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Federal Reserve Chairman Kevin Warsh is considering reducing the number of Federal Reserve policy meetings, which drew concern from economists and market strategists, who say fewer scheduled decisions could increase uncertainty and make policy moves more disruptive. Bloomberg News International Economics & Policy Correspondent Mike McKee and Seaport Research Partners and Chief Equity Strategist Jonathan Golub join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss these concerns and strong corporate earnings, widening credit spreads and debate over the economic impact of artificial intelligence.
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Business
Europe’s Key Rivers Are Drying Up; Mixed Messages on US, Iran Talks | The Opening Trade 8/3/2026
President Donald Trump said fresh US-Iran talks would begin Monday, boosting optimism the two sides will reach a deal to reopen the Strait of Hormuz. While Iran Foreign Ministry Spokesman Esmail Baghaei said “We are not currently negotiating with the United States, and the negotiations with Oman are focused on reaching an agreement regarding the safe passage of ships through the Strait of Hormuz,”
Europe’s biggest rivers are drying up after the region was seared by a series of heat waves. Soaring temperatures are also curbing power generation from France to Hungary, pushing up energy prices and straining Eastern European economies.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Lizzy Burden.
Chapters:
00:00:00 – The Opening Trade
00:02:13 – Trump Says Iran Talks to Begin
00:05:29 – Japanese Yen Rises
00:06:17 – Astrazeneca, Bristol Myers Merger Speculation
00:09:38 – Palantir US Commercial Sales
00:12:01 – Brent Crude, Oil Prices
00:21:49 – Monte Paschi, Banco BPM Latest
00:22:19 – Greece Wildfire Near Athens
00:23:06 – Rhine River Levels Lower
00:24:41 – Fed’s Warsh on Meeting Frequency
00:29:55 – Burnham Moves for UK Devolution Plan
00:33:45 – Trump on Yen Intervention
00:38:18 – Yen Needs More Intervention: MLIV
00:47:07 – Stocks to Watch: AstraZeneca, Italian Banks, Energy
01:05:08 – AstraZeneca, Bristol Myers
01:10:14 – We Currently Have No Negotiations: Iran
01:15:49 – Trump Holds Off Iran Attack
01:28:25 – NHS to Revise Palantir Data Platform
01:33:35 – Energy Prices Strain European Economies
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Business
Rutte says NATO can’t afford to down drones with pricey missiles #shorts #rutte #russia #drones
Western militaries can’t keep shooting down incoming drones with expensive missiles, NATO Secretary General Mark Rutte said on Thursday, adding that NATO is rapidly learning from Ukraine on how to counter Russian drones. He spoke to Bloomberg Editor-in Chief John Micklethwait https://bloom.bg/3W94Ey8
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What is Tether? And why does it keep buying up US debt? Bloomberg reporter Todd Gillespie and host Stacey Vanek Smith unpack one of the most powerful crypto companies you’ve (maybe) never heard of. Listen to the Big Take podcast
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@Peter-ox8lj
January 1, 2024 at 4:23 pm
China stole this tech from usa so usa already has it 😅
@cuteandfunnyearthlings2863
January 1, 2024 at 4:23 pm
US makes out that rare earth in china belongs to US, China decides who to sell their rare earth to just like US decides which semi conductors to sell to china or ban it, US also got rare earth of its own so pull your finger out and get your own.
@masterkoi29
January 1, 2024 at 4:23 pm
China was now using Sun Tzu Art of war by using the ancient knowledge of chinese people to fight it's enemies without using weapons but using the most effective weapons which was the supply chain. US and all it's allies wanted to curb China's development,now wait until china banned all technologies related to rare earths which will made the prices of rare earths quadrupled.
@dywang32
January 1, 2024 at 4:23 pm
The US keeps wanting to fight and just repeatedly gets punched in the mouth.
@MTSeeker-jc1xm
January 1, 2024 at 4:23 pm
Good Job China. Tit-for-tat for western whites.
@johnspurrier0001
January 1, 2024 at 4:23 pm
Ah, aren't we blessed that one of the companies ventured between a sitting President's son and China brokered the deal which sold the rare earth mining rights from a NA mining company (Freeport-McRohan options from Toronto based Lundin) to Chinese backed China Molybdenum.
Aren't we blessed Democrats and Republicans alike keep selling Americans down the gutter? This great country is merely a military branch of the globalist, and shell for the American citizens.
@freeworld88888
January 1, 2024 at 4:23 pm
chinese are the fairest people this planet. they want share future and win win. Unless it is not profitable and shit customers, they would sell it. chinese understand that pushing people in desperation, people will react. chinese are not white westerns of zero sum game.
the west pay $8 for unrainians in Africa, while it is $240 dollars in the world.
western bs media is always try to make china is sinister etc… all these defamation bs ain't working because chinese are proven again and again they delivery the results with economical sense. where is the America so called counter chinese Bri????
@kinggggray3388
January 1, 2024 at 4:23 pm
good job , china
@valetudo1569
January 1, 2024 at 4:23 pm
This just further proves that countries need to de-risk supply chains from China
@AJ-iu6nw
January 1, 2024 at 4:23 pm
Oh god, what happened to Sherry's face?
@thomasrogers9146
January 1, 2024 at 4:23 pm
The west can pick fights but does not want to be hit back. china controles 80% of global rear earth material plus technology to refine these products. Are western leaders this ignorant? All sanctions on Russia failed. can you think before you act.
@alinthemind
January 1, 2024 at 4:23 pm
Smart move!
@3EBstudio
January 1, 2024 at 4:23 pm
Does that include lithium?
@apsmith1635
January 1, 2024 at 4:23 pm
We better look for alternatives to all areas of CCP
@laughitout1331
January 1, 2024 at 4:23 pm
What??? China is banning US? Must be scary. In their dreams…hahahahaha
@mikedc
January 1, 2024 at 4:23 pm
Trump2024
@on2thenextthing
January 1, 2024 at 4:23 pm
Never put all of your eggs in one basket.
@FrederickCasa
January 1, 2024 at 4:23 pm
Indonesia 🇮🇩
@FrederickCasa
January 1, 2024 at 4:23 pm
Here we go.. brace for a rocky 2024
@tylerdurden4006
January 1, 2024 at 4:23 pm
Lol, hilarious how you will place many meaningless sanctions against them but complain when they don't wanna trade with you. 😂😂😂
@system137
January 1, 2024 at 4:23 pm
Interesting, but let's see Paul Allen's business card.
@ArabicReja973
January 1, 2024 at 4:23 pm
China did similar things to Japan 🇯🇵 before but didn't work.
It blocked the export of rare earths to Japan in 2010, after the captain of a Chinese fishing boat was arrested near the Japanese Senkaku Islands.
– Japan then turned to Australia for the rare earths, causing harm to the Chinese economy. So it stopped the ban.
@masterstacks2030
January 1, 2024 at 4:23 pm
Yes, please make wind turbines more expensive. The less wind turbines the better.
@lastChang
January 1, 2024 at 4:23 pm
China halts exports rare-earth processing technologies to the West
is like a high school student trying to prevent his former professor from knowing some math formulas taught in his class.
@astrogumbo
January 1, 2024 at 4:23 pm
UHH MUH BUY TECHNOLOGY
@lindakingsley9486
January 1, 2024 at 4:23 pm
It used to be 95% but this only shows that America and other western nations have to take a look at Vietnam and Greenland. Also for America and Canada; we need to look out in the western areas. This is going too far. Doesn't this tell you the dictatorship of this country that America should not have been there in the first place. These corporateers and profiteers took our jobs to China and now they dominate the world because we western people bought goods from them and the profiteers made a killing. They killed many jobs for the future and left the young holding the tax payer bag to pay. Now they come back to America with hands out to ruin another 2 or more generations along with US-A buying the more expensive goods to keep their pockets filled and their lifestyles going. While the rest of America who can't afford this nonsense is being squeezed out of housing, food, insurance, health care, transportation, and other needs. They are ruining the western world. We in America can no longer afford this nonsense and yet we still pay for it while the rich stuff their pockets and leave US homeless and starving. The government is suppose to be a buffer to stop & block greed. The government has failed the American people.
@reginaerekson9139
January 1, 2024 at 4:23 pm
0:28 is this China cockblocking Africa? Maybe India or Ukrainians/Russians or Technological Physics people have options they can offer? Welcome to the next Industrial Revolution 🦖🦕
@sarscov9854
January 1, 2024 at 4:23 pm
21st century wars fought passive aggressively. Wow. USA and China are at war without exchanging fire… let's hope it stays that way.