Business
Viktor Orban Blocks EU’s €50 Billion Ukraine Aid Package
European Union leaders were unable to agree on a €50 billion ($54 billion) aid package for Ukraine after Hungarian Prime Minister Viktor Orban blocked it, sending the debate into early next year as the bloc struggles to counter concerns that Western support is faltering. Bloomberg’s Zoltan Simon reports from Budapest.
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Bloomberg News Russia economy and government editor Anthony Halpin and White House correspondent Jeff Mason tell Bloomberg This Weekend that President Donald Trump’s waiver of new Russia sanctions could offer Moscow economic and diplomatic opportunities while adding pressure on Ukraine.
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Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Brussels, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.
On today’s show, the French President Emmanuel Macron has called for dialogue after the country’s worst street violence in years. The far-left and far-right have accused each other of stirring up the disorder. European stock futures and French bond futures fell.
Ukraine’s President Volodymyr Zelenskyy has accused US President Donald Trump of trying to pressure Kyiv into surrendering to Russia, escalating a week-long row.
And growth in China accelerated more than expected in the third quarter, boosting the odds of the economy reaching Beijing’s annual target of 4.5%-5%.
Today’s guests: Fabrice Pothier, Rasmussen Global, CEO & Tatjana Greil Castro, Muzinich & Co, Global Head of Investments.
Chapters:
00:00:00 – Daybreak Europe
00:01:20 – Traders Weigh Flare-Ups in Mideast Fighting
00:04:12 – France Faces Worst Street Violence in Years
00:07:27 – French Violence Raises Alert as Protests Flare Across Europe
00:11:58 – Asia Stocks Pare Decline
00:15:06 – Zelenskyy Says Trump Pushing Ukraine to Yield to Russia
00:17:46 – Ukraine in Talks Over Grain Corridor
00:20:58 – China’s Growth Rebound Tops Forecasts to Close In on Target
00:23:50 – Nasdaq Futures Rebound From Tech Selloff, Oil Dips
00:26:00 – France Struggles to Contain Fallout From Nationwide Protests
00:28:48 – Fabrice Pothier, Rasmussen Global, CEO
00:33:04 – Tatjana Greil Castro, Muzinich & Co, Global Head of Investments
00:38:41 – NSCALE Faces IPO Valuation Pushback
00:42:30 – Earnings Season Kicks Off in Europe
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“Bloomberg: The Asia Trade” brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets.
Chapters:
00:00:00 – Bloomberg: The Asia Trade begins
00:01:58 – SpaceX posts ‘blowout’ 3Q on AI business
00:03:38 – SpaceX, Tesla discussing potential merger
00:08:09 – BREAKING: NextDC falls after outlook cut on data center power delay
00:09:24 – Citi’s Marc Luet on global macroeconomic outlook
00:17:58 – China issues blunt warning on global turmoil
00:26:10 – Super Micro Computer prelim 1Q net sales beat estimates
00:30:59 – Citi’s Sahra English on US trade policies
00:40:49 – BREAKING: OpenAI says two agents weakened misalignment monitoring
00:42:17 – BREAKING: Nvidia in talks for further investment in Firmus: Information
00:43:19 – BREAKING: Japan Sept. exports rise 16.7% Y/Y, est. +21.3%
00:44:21 – Takaichi’s challenges after one year in office
00:47:20 – Markets open in Japan, South Korea
00:50:27 – Barings’ Martin Horne on investment strategy
01:01:29 – 01;04;15;14
01:04:15 – China sets up state-owned data group
01:07:27 – Australia seeks global alliance to fight Big Tech
01:13:40 – Citi’s Cristina Chang on investing in Australia’s financial markets
01:23:29 – EXCLUSIVE: Elice CEO Jae Won Kim on market debut, growth strategy
01:33:24 – CATL 3Q net income misses estimates
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Chicago Fed President Austan Goolsbee traveled to rural Illinois to hear directly from farmers facing lower crop prices and rising costs for fuel, fertilizer and other inputs. Those conversations offer the Fed a ground-level view of inflation pressures that may emerge before they are fully reflected in national data.
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@AndrewDrazdikJr
December 20, 2023 at 8:26 pm
This is still very important activity with the government of the Ukraine. The distribution commercial contracts as attested as intellectual property with the Europea Union Council on external affairs can support warehousing underwritten in Hungry on the Ukraine boarder. The International Bar Association and German Federal Bar for judicial ethics and administrative business law can support the legal business for these future commercial activity contracts of distribution, warehouse logistics, and corporate asset management of capital formation.
@JohnJohn-iv6tm
December 20, 2023 at 8:26 pm
Ukraine is a fake country
@I1_78
December 20, 2023 at 8:26 pm
👍👍👍👍
@adamkordowski9890
December 20, 2023 at 8:26 pm
Why this hungry coumtry is stilo in the EU? Madziary… Go goulash yourself, you son of … Orban
@molnarriki4876
December 20, 2023 at 8:26 pm
Please go and vote on eu parlament members.thats how we can reform union
@GaborFarago-fp1ns
December 20, 2023 at 8:26 pm
Nemjól látod,ne keverd össze a Nátót,vagy az EUt,A nagy Oroszországgal! Ott okos emberek politizálnak,ezt a másik félről nem álitanám😂nagy a különbség,Amerika messze van Orosztól!
@botsarecurrentlyoffline4989
December 20, 2023 at 8:26 pm
Ukraine getting more aid only causes more deaths unless all donor countries commit seriously because you can be damn sure Russia will commit seriously for as long as it takes. What west doing is just keeping the war going keeping the stalemate and peoples starting to get annoyed when their money only causes more deaths and doesn't achive any results. Either Ukraine should be supported fully to win the war or it is time to talk about peace , many people don't like them but i only heard Trump , Orban and Erdogan even mentioning the possiblity of peace as a option.
Russia is on the wrong this is not arguable but Ukraine especially Zelensky goverment aren't angels. They been enforcing anti-Russian policies for years , threw away Minsk agreements to trash and doing those thing without securing themself with NATO or EU. What did you expected ? Im sure he had some guarantees otherwise he wouldn't do most of the things he did but countries only look for their intrests and it looks like cost starting to be too much and for the intrest. As for Zelensky i think he gambled with hes country future and he lost , he always got portrayed as hero but in reality he is big part of why things esclated to war very quickly.
@nka0000
December 20, 2023 at 8:26 pm
Ha megengedi Simon úr, magyarul. Amit mond az jó, de technikailag – mármint a hangfelvétel – nagyon rossz: a vizhangzó beszéd miatt. Próbáljon meg ezen változtatni, hogy én – viszonylag gyengébb angol tudásommal is – megértsem amit mond.
@zoltanlorincz8230
December 20, 2023 at 8:26 pm
Good job Mr. PM. Viktor Orbán. Long life Hungary 🇭🇺❤️👍. No money, no weapons for Nazi Ukraine. Stop the war. 🇺🇦👎
@ATTILA84
December 20, 2023 at 8:26 pm
European Union money goes to American arms factories.
@mathew9508
December 20, 2023 at 8:26 pm
VICTOR ORBAN YOU'RE A TRAITOR AND A WEAK CRAP AND A LITTLE MOLLUSIN YOU DON'T GET ANY RESPECT IN THIS END OF THE WORLD!! PUTIN FOR SURE IS LOOKING DOWN ON THE LITTLE TRAITOR… BELIEVE IT AWAY WHEN YOU ARE A USEFUL DURRAK.. that is, when you have done the Kremlin's dirty work, then hopefully you have gained wings in Russia, the windows are high 🕳 people on the internet seem to hate v.orbaa more than some war criminal.
@darylglover7037
December 20, 2023 at 8:26 pm
He does what putin tells him to do he's a puppet of putin this is all staged to slow down support for Ukraine. Open your eyes.
@erzsebetgacsi7238
December 20, 2023 at 8:26 pm
Le a haboruval! Békét! LE a fegyverekkel! Stop! Az emberi eletek vagohidjaval!
@Life_Newyorkcity
December 20, 2023 at 8:26 pm
Stupid NATO leaders, EUR people, don't you see that Hungarian Prime Minister Orban Viktor is pro-Putin? Because Orb Viktor was close to Putin, Putin and he agreed that if Orb Viktor could prevent Western countries from donating money and ammunition to Ukraine or prevent Ukraine from joining the EU or joining NATO. Then after Putin plundered Ukraine's territory, Putin would give Orb Viktor many valuable rewards, and in the end Mr. Orb Viktor was a henchman of the Kremlin, Orb Viktor was a puppet of Russia, he deliberately let Russia to steal Ukraine's territory, then Orban Viktor is an accomplice, an accomplice of Putin, the conclusion is: let's kick Hungary out of the NATO alliance, Orb Viktor is a dirty, dirty person, let's exclude Hungary from the European alliance. Europe, Orban Viktor, he is a very hateful person. European leaders should not trust Orban Viktor and do not listen to a word from this bad guy.
@Life_Newyorkcity
December 20, 2023 at 8:26 pm
Stupid NATO leaders, EUR people, don't you see that Hungarian Prime Minister Orban Viktor is pro-Putin? Because Orb Viktor was close to Putin, Putin and he agreed that if Orb Viktor could prevent Western countries from donating money and ammunition to Ukraine or prevent Ukraine from joining the EU or joining NATO. Then after Putin plundered Ukraine's territory, Putin would give Orb Viktor many valuable rewards, and in the end Mr. Orb Viktor was a henchman of the Kremlin, Orb Viktor was a puppet of Russia, he deliberately let Russia to steal Ukraine's territory, then Orban Viktor is an accomplice, an accomplice of Putin, the conclusion is: let's kick Hungary out of the NATO alliance, Orb Viktor is a dirty, dirty person, let's exclude Hungary from the European alliance. Europe, Orban Viktor, he is a very hateful person. European leaders should not trust Orban Viktor and do not listen to a word from this bad guy.
@Kirkhamlisa8769
December 20, 2023 at 8:26 pm
I prayed to God for England to get out of EU. This EU could be where the Antichrist ends up ruling from. TIME TO NOT JOIN. To anyone who wants to know more read Revelation 13, 17: And I saw a beast (represents the Antichrist and his system, the world) rising out of the sea, with ten horns and seven heads, with ten diadems on its horns and blasphemous names on its heads. (Revelation 13:1, ESV) 2 And the beast that I saw was like a leopard; its feet were like a bear's, and its mouth was like a lion's mouth. And to it the dragon gave his power and his throne and great authority.
3 One of its heads seemed to have a mortal wound, but its mortal wound was healed, and the whole earth marveled as they followed the beast.
4 And they worshiped the dragon, for he had given his authority to the beast, and they worshiped the beast, saying, "Who is like the beast, and who can fight against it?"
5 And the beast was given a mouth uttering haughty and blasphemous words, and it was allowed to exercise authority for forty-two months.
6 It opened its mouth to utter blasphemies against God, blaspheming his name and his dwelling, that is, those who dwell in heaven.
7 Also it was allowed to make war on the saints and to conquer them. And authority was given it over every tribe and people and language and nation,
8 and all who dwell on earth will worship it, everyone whose name has not been written before the foundation of the world in the book of life of the Lamb who was slain.
9 If anyone has an ear, let him hear:
10 If anyone is to be taken captive, to captivity he goes; if anyone is to be slain with the sword, with the sword must he be slain. Here is a call for the endurance and faith of the saints.
11 Then I saw another beast(the final false prophet) rising out of the earth. It had two horns like a lamb and it spoke like a dragon.
12 It exercises all the authority of the first beast in its presence, and makes the earth and its inhabitants worship the first beast, whose mortal wound was healed.
13 It performs great signs, even making fire come down from heaven to earth in front of people,
14 and by the signs that it is allowed to work in the presence of the beast it deceives those who dwell on earth, telling them to make an image for the beast that was wounded by the sword and yet lived.
15 And it was allowed to give breath to the image of the beast, so that the image of the beast might even speak and might cause those who would not worship the image of the beast to be slain.
16 Also it causes all, both small and great, both rich and poor, both free and slave, to be marked on the right hand or the forehead,
17 so that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name.
18 This calls for wisdom: let the one who has understanding calculate the number of the beast, for it is the number of a man, and his number is 666. (Revelation 13:2, ESV) Chapter 17 7 But the angel said to me, "Why do you marvel? I will tell you the mystery of the woman, and of the beast with seven heads and ten horns that carries her.
8 The beast that you saw was, and is not, and is about to rise from the bottomless pit and go to destruction. And the dwellers on earth whose names have not been written in the book of life from the foundation of the world will marvel to see the beast, because it was and is not and is to come.
9 This calls for a mind with wisdom: the seven heads are seven mountains on which the woman is seated;
10 they are also seven kings, five of whom have fallen, one is, the other has not yet come, and when he does come he must remain only a little while.
11 As for the beast that was and is not, it is an eighth but it belongs to the seven, and it goes to destruction.
12 And the ten horns that you saw are ten kings who have not yet received royal power, but they are to receive authority as kings for one hour, together with the beast.
13 These are of one mind, and they hand over their power and authority to the beast.
14 They will make war on the Lamb, and the Lamb will conquer them, for he is Lord of lords and King of kings, and those with him are called and chosen and faithful."
15 And the angel said to me, "The waters that you saw, where the prostitute is seated, are peoples and multitudes and nations and languages.
16 And the ten horns that you saw, they and the beast will hate the prostitute. They will make her desolate and naked, and devour her flesh and burn her up with fire,
17 for God has put it into their hearts to carry out his purpose by being of one mind and handing over their royal power to the beast, until the words of God are fulfilled.
18 And the woman that you saw is the great city that has dominion over the kings of the earth." (Revelation 17:7, ESV)
@danielgospodinov5786
December 20, 2023 at 8:26 pm
Ukraine never supported EU in any way shape or form. How they will return our money?
@katarinakrajna4911
December 20, 2023 at 8:26 pm
😂 VÝBORNE p. ORBAN držím ✊️✊️
@andorka842
December 20, 2023 at 8:26 pm
Az EU bement az erdőbe.Orbán mondta ,hogy megyek értetek 20 Milliárd euróért ,hogy kitaláljatok !!!
@masterchinese28
December 20, 2023 at 8:26 pm
Orban loves Putin. He also loves Xi (and Chinese money) so much, that he's basically giving prime property to build a Chinese university in Budapest. This move should surprise nobody who has been paying attention to the "least democratic country in Europe."
@maksimpanteleev5104
December 20, 2023 at 8:26 pm
Orban plays the role of a bad cop. In fact, everyone else is grateful to him – no one wants to give money for the war to Zelensky, who is terminally ill with corruption, and Ukraine.
@victoryfirst2878
December 20, 2023 at 8:26 pm
Orban is a true communist who just want to help PUTIN !!! Victor is a genius COCKROACH FOR SURE.
@user-dr4mv9wm9r
December 20, 2023 at 8:26 pm
👍🏿👍🏿👍🏿👍🏿👍🏿👍🏿👍🏿
@CrackerBarrelkid
December 20, 2023 at 8:26 pm
Block it bloke
@bryanabolaji9004
December 20, 2023 at 8:26 pm
orban is an asshole for sure. putin's puppet
@gingersalmons2314
December 20, 2023 at 8:26 pm
Zelensky is a Con Man. Thank you Orban.
@prajwas2004
December 20, 2023 at 8:26 pm
The Hungarian leader just wants a piece of that Ukraine money. He will sign anything after that.
@DemiK99
December 20, 2023 at 8:26 pm
European citizens hope is Orban, the only leader with brain in EU
@YuriBaja
December 20, 2023 at 8:26 pm
Orban is the only one with common sense in the EU.
@natalias50
December 20, 2023 at 8:26 pm
What is wrong with that reporter?
@senganchhin311
December 20, 2023 at 8:26 pm
Viktor orban is a dictator and a Putin‘s dick sucker…
He is a criminal because he supports Putin..😮
@keekeehing5457
December 20, 2023 at 8:26 pm
Europe is declining because its political leaders, such as Leyen, a puppet of US to serve the int
@bigfishy7816
December 20, 2023 at 8:26 pm
👏👏👏. The world is seeing that the ukies and their clownzki leader are a loss cause 🥲💥🔥🇺🇦💀
@user-gv5bs3os5i
December 20, 2023 at 8:26 pm
Another of pootins puppets wait till Russia invade hungary he will be crying out for help
@chengavitch10
December 20, 2023 at 8:26 pm
Is EU a democratic organization? Is a sovereign country in Europe forced to act against its own interests?
@blackhalo117
December 20, 2023 at 8:26 pm
Got the Russian troll army in here doing Putin's dirty work. POS's one and all.
@westwins1383
December 20, 2023 at 8:26 pm
All we Hungarians hate orbán!
Greetings from Hungary!
Üdvözletünk Magyarországról!
✌️🇪🇺🇺🇦✌️
@westwins1383
December 20, 2023 at 8:26 pm
Orbán is putin's man!