Trump's Davos Address; Zelenskiy Calls for Continued US Support

Bloomberg Audio Studios, Podcasts, Radio News. 0:00:10.000 --> 0:00:12.840 Good morning, I'm John Tucker and I'm Karen Moscow. Here 0:00:12.840 --> 0:00:15.040 are the stories we're following today, Karen. 0:00:15.080 --> 0:00:18.480 President Trump takes center stage in Davos this morning. He's 0:00:18.480 --> 0:00:21.439 going to be addressing the world's financial elite. By video link, 0:00:21.720 --> 0:00:25.120 Bloomberg's Amy Morris brings us a preview of what Global 0:00:25.160 --> 0:00:26.520 Wall Street is expecting. 0:00:26.840 --> 0:00:30.080 People are optimistic in pockets. 0:00:30.480 --> 0:00:34.200 New York Stock Exchange President Lynn Martin at Davos says, 0:00:34.240 --> 0:00:38.200 most everyone there is already optimistic about the Trump administration, 0:00:38.680 --> 0:00:40.080 but they do have some questions. 0:00:40.120 --> 0:00:44.200 The geopolitical landscape is probably the biggest one tariff's in particular, 0:00:44.800 --> 0:00:48.560 and obviously the knock on effect of questions around tariffs 0:00:48.640 --> 0:00:49.400 is going to be inflation. 0:00:49.600 --> 0:00:53.159 The forum says President Trump will address the gathering that 0:00:53.200 --> 0:00:56.800 will be followed by a dialogue. Amy Morris Bloomberg Radio. 0:00:57.080 --> 0:00:59.400 Thanks Amy. And in that dialogue he's going to feel 0:00:59.440 --> 0:01:03.560 question from several executives, including Blackstone, Stephen Schwartzman, Bank of 0:01:03.600 --> 0:01:06.800 America is Brian Boinihan and Banco Santander a chair and 0:01:06.959 --> 0:01:10.480 a boten. You can catch the entire conversation at eleven 0:01:10.520 --> 0:01:13.839 am Wall Street Time on Bloomberg Radio and Television. 0:01:14.200 --> 0:01:17.320 Well, John, President Trump is downplaying the national security risk 0:01:17.440 --> 0:01:20.560 posed by TikTok after offering this social video app, are 0:01:20.600 --> 0:01:23.639 aprie from legislation that would have forced it to shut down, 0:01:23.720 --> 0:01:25.920 and Trump spoke with Fox's Sean Hannity. 0:01:26.319 --> 0:01:27.120 People want to die. 0:01:27.240 --> 0:01:32.399 But those that say they know, say, say, a spying 0:01:32.400 --> 0:01:35.600 app for the communist Chinee. But you can say that 0:01:35.640 --> 0:01:38.080 about everything made in China. Look, we have our telephones 0:01:38.120 --> 0:01:40.600 made in China for the most point. We have so 0:01:40.720 --> 0:01:44.000 many things made in China. So why don't they mention that? 0:01:44.080 --> 0:01:44.280 You know? 0:01:44.680 --> 0:01:47.160 I mean, it's interesting thing with TikTok is you're dealing 0:01:47.160 --> 0:01:49.280 with a lot of young people, so they love it. 0:01:49.320 --> 0:01:51.920 Is it that important for China to be spying on 0:01:52.000 --> 0:01:54.520 young people, on young kids watching crazy videos? 0:01:54.520 --> 0:01:55.880 Are they? And? 0:01:56.000 --> 0:01:58.720 Under an executive order signed during his first day in office, 0:01:58.760 --> 0:02:01.200 the President delayed a TikTok man in the US by 0:02:01.200 --> 0:02:03.040 an additional seventy five days. 0:02:03.480 --> 0:02:06.440 And in that same Fox interview Karen, President Trump doubled 0:02:06.440 --> 0:02:09.840 down on his decision to pardon people who attacked police 0:02:10.000 --> 0:02:13.040 during the January sixth riots. He said the capital convicts 0:02:13.080 --> 0:02:15.720 were treated like the worst criminals in history. 0:02:16.200 --> 0:02:19.480 Most of the people were absolutely innocent, Okay, But forgetting 0:02:19.520 --> 0:02:23.400 all about that, these people have served horribly a long time. 0:02:23.600 --> 0:02:26.640 It would be very very cumbersome to go and look, 0:02:26.760 --> 0:02:29.600 you know how many people are talking about fifteen hundred people, 0:02:29.720 --> 0:02:32.560 almost all of them are should not have been This 0:02:32.600 --> 0:02:33.560 should not have happened. 0:02:33.800 --> 0:02:37.480 On Monday, Trump pardoned and commuted the prison sentence or 0:02:37.600 --> 0:02:40.400 ordered the dismissal of charges in all of the fifteen 0:02:40.480 --> 0:02:42.639 hundred plus capital riot criminal cases. 0:02:43.280 --> 0:02:46.480 The acting Defense Secretary is deploying one thy five hundred 0:02:46.480 --> 0:02:49.400 more troops to comply with President Trump's declaration of a 0:02:49.480 --> 0:02:53.520 national emergency at the southern border. John Robert Celessis says 0:02:53.880 --> 0:02:56.519 he had also approved the use of military aircraft to 0:02:56.560 --> 0:03:00.280 assist the Department of Homeland Security with deportation flights of 0:03:00.320 --> 0:03:03.400 more than five thousand illegal aliens detained by Customs and 0:03:03.440 --> 0:03:04.200 Border Protection. 0:03:04.600 --> 0:03:07.680 And Secretary of State Marco Rubio plans to travel to 0:03:07.800 --> 0:03:10.480 Panama as part of a trip to Latin America as 0:03:10.520 --> 0:03:14.320 soon as next week. This trip underscores President Trump's seriousness 0:03:14.400 --> 0:03:17.799 about taking back the Panama Canal. A source of say 0:03:17.880 --> 0:03:22.000 Rubio also plans to visit Guatemala, El Salvador, and Costa Rica. 0:03:22.639 --> 0:03:26.880 John Ukraine's President Vladimir Zelenski says any effective peacekeeping force 0:03:26.960 --> 0:03:29.919 deployed in his country will need to include US troops. 0:03:30.120 --> 0:03:33.080 In an interview with Bloomberg's editor in chief John Michelthwaite 0:03:33.080 --> 0:03:36.600 at Davos, Zelenski said that as European allies don't have 0:03:36.720 --> 0:03:39.400 enough soldiers to pose a realistic deterrent to. 0:03:39.400 --> 0:03:42.120 Putin, it can't be without the United States. 0:03:42.360 --> 0:03:45.400 I will explain you why even if some European friends 0:03:45.480 --> 0:03:46.080 think that. 0:03:46.000 --> 0:03:47.680 It can be, no, it will not be. 0:03:47.720 --> 0:03:51.200 First of all, nobody will risk without United States. The 0:03:51.280 --> 0:03:56.680 second that's what can divide NATO, divide EU and USA. 0:03:56.840 --> 0:04:00.240 That is a goal and dream of Putin to lie 0:04:00.320 --> 0:04:01.360 this unity. 0:04:01.400 --> 0:04:04.600 And Zelanski's comments come as Trump threatens to impose financial 0:04:04.640 --> 0:04:07.440 penalties on Russia if it doesn't end the war soon. 0:04:07.800 --> 0:04:10.120 For the full interview, head over to the Bloomberg Talks 0:04:10.160 --> 0:04:14.360 podcast feed featuring our most important conversations from Bloomberg Radio, Television, 0:04:14.600 --> 0:04:15.720 and the Bloomberg Terminal. 0:04:15.960 --> 0:04:19.040 And Karen Let's turn out of the wildfires in Los Angeles. 0:04:19.200 --> 0:04:21.960 Fire crews are making progress on stopping the threat from 0:04:22.000 --> 0:04:25.160 an enormous new blaze. This one's north of Los Angeles 0:04:25.640 --> 0:04:29.440 for students to evacuate. It prompted inmates to shelter in place. 0:04:29.920 --> 0:04:32.880 The Hughes fire has expanded to more than ten thousand acres, 0:04:33.279 --> 0:04:36.880 but the blaze is now fourteen percent contained. Los Angeles 0:04:36.960 --> 0:04:41.000 County Fire Chief Anthony Moroney says quick mobilization of resources, 0:04:41.000 --> 0:04:44.560 including aircraft, had given fire crews a fighting chance. 0:04:44.960 --> 0:04:51.200 The situation remains dynamic and the fire remains a difficult 0:04:51.240 --> 0:04:53.720 fire to contain, although we are getting. 0:04:53.520 --> 0:04:56.920 The upper hand, Los Angeles County Fire Chief Anthony Moroney. 0:04:57.000 --> 0:04:59.960 The wildfire stoke fresh fears in the region already devastation 0:05:00.240 --> 0:05:04.000 by two weeks of deadly infernos. They've killed twenty eight 0:05:04.040 --> 0:05:09.159 people and destroyed nearly fifteen thousand structures and left thousands displaced. 0:05:09.480 --> 0:05:12.080 The Palisades and Eaton fires which caused the bulk of 0:05:12.120 --> 0:05:15.920 the discretion, and they're still burning, but now more controlled 0:05:15.920 --> 0:05:18.839 at seventy percent and ninety five percent containment. 0:05:19.520 --> 0:05:22.679 And then John, there's more details emerging involving President Trump's 0:05:22.720 --> 0:05:26.800 plan to make the US an artificial powerhouse. The Information 0:05:27.279 --> 0:05:30.080 is reporting SoftBank Group and open Ai each plan to 0:05:30.120 --> 0:05:33.599 commit nineteen billion dollars of capital to the one hundred 0:05:33.640 --> 0:05:36.520 billion dollar project known as Stargates, so that would be 0:05:36.520 --> 0:05:39.719 an artificial intelligence powerhouse. The tech outlet says. The two 0:05:39.720 --> 0:05:42.480 companies would then both own forty percent of the endeavor. 0:05:42.760 --> 0:05:45.960 Tech industry players including Elon Musk have questioned the lack 0:05:46.040 --> 0:05:48.480 of details around the venture and it's financing. 0:05:48.760 --> 0:05:51.120 And let's turn to the markets this where futures are 0:05:51.240 --> 0:05:54.039 lower following yesterday's games on Wall Street. In fact, the 0:05:54.240 --> 0:05:57.200 S and P five hundred closed near a record, propelled 0:05:57.200 --> 0:06:01.920 by optimism over artificial intelligence, a batch of strong earnings 0:06:01.960 --> 0:06:05.080 in every single trading session since last Monday, more than 0:06:05.120 --> 0:06:07.080 sixty eight percent of the S and P five hundred 0:06:07.080 --> 0:06:10.200 stocks that have closed higher US the first time that's 0:06:10.240 --> 0:06:13.920 happened since at least two thousand, according to data compiled 0:06:13.960 --> 0:06:15.120 by Bloomberg. 0:06:14.960 --> 0:06:16.680 And John We are less than a week from the 0:06:16.680 --> 0:06:19.240 fed's first rate decision of the year. Michael Gape And, 0:06:19.279 --> 0:06:22.480 the chief US economist at Morgan Stanley, thinks tariffs could 0:06:22.520 --> 0:06:24.640 have an impact on monetary policy. 0:06:25.120 --> 0:06:28.320 I don't think there's a tariff's cause that Fed to 0:06:28.480 --> 0:06:31.320 hike rate story Obviously, it's possible. We just don't think 0:06:31.320 --> 0:06:35.280 it will get that far. But certainly there's a world 0:06:35.360 --> 0:06:38.280 where the Fed's just on the sideline for an indefinite 0:06:38.279 --> 0:06:43.000 period of time as tariffs gradually get imposed on our 0:06:43.040 --> 0:06:44.279 trading partners. 0:06:44.560 --> 0:06:47.600 And Morgan Stanley's Michael Gape and the FED rate decision 0:06:47.760 --> 0:06:52.960 is next Wednesday. Time now for a look at some 0:06:53.040 --> 0:06:54.760 of the other stories making news in New York and 0:06:54.800 --> 0:06:56.880 around the world, and for that we're joined by Bloomberg's 0:06:56.960 --> 0:06:57.599 Michael Barr. 0:06:57.680 --> 0:06:59.039 Michael, good Morning, Good Morning. 0:06:59.120 --> 0:07:02.919 Karen has passed a bill to require the detainment of 0:07:03.120 --> 0:07:07.440 unauthorized migrants accused of theft and violent crimes. It marks 0:07:07.480 --> 0:07:10.680 the first legislation that will reach President Donald Trump's desk 0:07:10.840 --> 0:07:14.560 in his second term. The Lincoln Riley Act is named 0:07:14.600 --> 0:07:17.960 after a Georgia nursing student who was murdered last year 0:07:18.040 --> 0:07:21.880 by a Venezuelan man. Republican Senator Katie Britt of Alabama 0:07:22.240 --> 0:07:22.760 it's huge. 0:07:23.000 --> 0:07:25.240 I mean, it means that we are making good on 0:07:25.320 --> 0:07:26.880 the promises we made to the American people. 0:07:26.960 --> 0:07:28.520 Promises made, promises. 0:07:28.160 --> 0:07:30.200 Kept, and it's exciting. 0:07:30.200 --> 0:07:32.840 We're putting the safety and security of Americans first with 0:07:32.840 --> 0:07:34.920 this common sense piece of legislation, so it's a big deal. 0:07:35.320 --> 0:07:39.360 The measure passed with bipartisan support in Congress. The ceasefire 0:07:39.400 --> 0:07:42.840 agreement between Israel and Hesbalah and Lebanon is likely to 0:07:42.880 --> 0:07:47.560 be extended beyond its January twenty seventh deadline, despite accusations 0:07:47.560 --> 0:07:52.280 of breaches. Lebanese, Israeli and French government officials involved in 0:07:52.360 --> 0:07:55.760 the talks say both sides are unlikely to resume full 0:07:55.800 --> 0:07:59.720 scale fighting, and negotiations are under way to extend the truce. 0:08:00.280 --> 0:08:04.040 Philadelphia is seeing its first suspected case of bird flu 0:08:04.320 --> 0:08:07.760 in the snow goose. The Philadelphia Department of Health says 0:08:08.000 --> 0:08:11.160 it was found near a park two weekends ago. Leah 0:08:11.200 --> 0:08:15.960 Stallings with ARC Wildlife Rehabilitation and Education Center says that 0:08:16.120 --> 0:08:17.600 pet owners need to be aware. 0:08:18.240 --> 0:08:21.160 It's here, it's everywhere. We can't tell everybody to stay 0:08:21.200 --> 0:08:23.360 home and just lock themselves indoors. 0:08:23.520 --> 0:08:26.280 Ask concerns about bird flu rise in the US. A 0:08:26.360 --> 0:08:31.440 recent Texas Biomedical Research Institute study suggests a strain found 0:08:31.440 --> 0:08:34.240 in Texas has mutated in such a way that it 0:08:34.320 --> 0:08:39.120 can more easily replicate in human cells. Doctor Amish Adalgia, 0:08:39.320 --> 0:08:44.199 an infectious disease physician, with Johns Hopkins says, though while 0:08:44.240 --> 0:08:47.240 they can infect humans, it still isn't able to spread 0:08:47.280 --> 0:08:48.240 from person to person. 0:08:48.600 --> 0:08:50.960 What it means is any time that this virus gets 0:08:50.960 --> 0:08:53.560 into a new host, like a human, it's going to 0:08:53.720 --> 0:08:57.240 face evolutionary pressures and start to change so that it's 0:08:57.440 --> 0:09:01.079 more efficient, more able to be vile any human host. 0:09:01.200 --> 0:09:05.400 Doctor Amish Adalgia with JOHNS Hopkins, Global News twenty four 0:09:05.400 --> 0:09:07.560 hours a day and whenever you want it with Bloomberg 0:09:07.600 --> 0:09:10.000 News Now. I'm Michael Barr, and this is Bloomberg. Karen. 0:09:10.200 --> 0:09:16.760 All right, Michael Barr, thank you time now for the 0:09:16.760 --> 0:09:19.880 Bloomberg Sports Update, brought to you by Tri State Odie. 0:09:19.920 --> 0:09:22.920 Here's John Stashauer. John, good morning, Good morning, Karen. Jets 0:09:22.920 --> 0:09:25.320 fans are hoping Aaron Glenn turns out to be as 0:09:25.320 --> 0:09:27.680 good as Jets head coach, as he was a Jets 0:09:27.760 --> 0:09:30.680 cornerback for eight seasons starting in nineteen ninety four. 0:09:30.720 --> 0:09:32.720 Who is the Jets' first round pick. He's still fourth 0:09:32.720 --> 0:09:36.320 in team mystery in interceptions. His post playing career began 0:09:36.360 --> 0:09:38.840 as a Jets scout, worked his way up to be 0:09:38.960 --> 0:09:42.400 defensive correator in Detroit. Now Glenn is the twenty second 0:09:42.400 --> 0:09:45.240 head coach in Jets' history. Only two of the previous 0:09:45.280 --> 0:09:48.040 twenty one ended their tenures with a winning record. 0:09:48.080 --> 0:09:48.960 A week after Saint. 0:09:48.880 --> 0:09:51.480 John's at the Garden came from fourteen points down second 0:09:51.520 --> 0:09:54.680 half to beat Georgetown, the Red Storm again at msg 0:09:54.840 --> 0:09:58.560 rallied from sixteen down vit Xavier seventy nine to seventy 0:09:58.600 --> 0:10:01.200 one in overtime. The crowd fired up about the Red 0:10:01.240 --> 0:10:03.120 Hot team coached by Rick Patino. 0:10:03.400 --> 0:10:05.480 Oh, we got a roller right now and winning does 0:10:05.520 --> 0:10:05.960 that look? 0:10:05.960 --> 0:10:06.680 This is New York. 0:10:08.920 --> 0:10:10.280 It's all about winning in New York. 0:10:11.000 --> 0:10:12.640 If you win, it'll show up. 0:10:12.960 --> 0:10:15.880 And we know that. And we're winning right now. 0:10:16.120 --> 0:10:17.640 We're bringing Saint John's back to. 0:10:17.559 --> 0:10:19.840 Where it needs to be there at top the Big East. 0:10:19.840 --> 0:10:21.960 At eight and one at Barkley is another NETS loss, 0:10:22.000 --> 0:10:24.280 beaten by Phoenix one O eight eighty four. Nets have 0:10:24.320 --> 0:10:26.520 lost ten in the last eleven and La Celtics beat 0:10:26.559 --> 0:10:29.600 the Clippers in overtime. Oklahoma City now thirty six and 0:10:29.760 --> 0:10:33.480 seven and it's went over Utah. Shay Hilles Alexander scored 0:10:33.520 --> 0:10:35.800 fifty four points in Newark. Devils with a four goal 0:10:35.840 --> 0:10:38.520 second period beat the Bruins five to one. Women's semi 0:10:38.520 --> 0:10:40.480 finals at the Australian Oo are the big favorite of 0:10:40.520 --> 0:10:43.480 the two top seeds and right now Arena Sabolenka, Leeds 0:10:43.520 --> 0:10:46.839 Paula Medosa six four five two. They'll be followed by 0:10:47.080 --> 0:10:51.520 Igaschiontek against American Madison Keys. John stan Shallwer Bloomberg Sports, 0:10:51.600 --> 0:10:52.760 karm Me and John. 0:10:54.679 --> 0:10:59.120 Coast to Coast on Bloomberg Radio nationwide on Sirius Exam and. 0:10:59.200 --> 0:11:02.400 Around the world on Bloomberg dot Com and the Bloomberg 0:11:02.440 --> 0:11:03.040 Business app. 0:11:03.320 --> 0:11:05.400 This is Bloomberg Daybreak. 0:11:05.559 --> 0:11:08.480 And there's now five twelve on Wall Street. We continue 0:11:08.480 --> 0:11:11.280 our coverage at the World Economic Forum in Davos, Switzerland. 0:11:11.720 --> 0:11:15.400 In conversation with the Ukrainian President Vladimir Zelenski, you know, 0:11:15.480 --> 0:11:18.480 appeal to President of Trump, he said any effective peacekeeping 0:11:18.520 --> 0:11:23.520 force in his country must include US troops. Lensky making 0:11:23.559 --> 0:11:26.160 his comments at an interview with Bloomberg Editor in chief 0:11:26.200 --> 0:11:29.079 John Micklethwaite. And let's go to that discussion right now. 0:11:29.520 --> 0:11:32.440 It's great if we will have troops, but we have 0:11:32.480 --> 0:11:34.520 to understand that the troops will not be in the 0:11:34.559 --> 0:11:36.400 center of the capital. 0:11:36.240 --> 0:11:38.280 They will not have relaxed time. 0:11:38.400 --> 0:11:42.480 Yes, it's it's very important because I heard them some 0:11:42.720 --> 0:11:45.320 allies said that yes, but it's okay, we can be 0:11:45.360 --> 0:11:47.600 in the center of some city and no. 0:11:47.679 --> 0:11:50.520 No, no, no, we don't need such contingent. Contingent you 0:11:50.520 --> 0:11:51.960 want to outline. 0:11:51.679 --> 0:11:53.680 Yes, without without without. 0:11:53.360 --> 0:11:54.079 With our people. 0:11:54.200 --> 0:11:57.920 Of course, yes, because this means security and that's it. 0:11:58.040 --> 0:12:00.480 So, but it can't be. It can't be without the 0:12:00.600 --> 0:12:01.640 United States. 0:12:01.840 --> 0:12:04.800 I will explain you why even if some European friends 0:12:04.920 --> 0:12:06.880 think that it can be, No, it will not be. 0:12:07.160 --> 0:12:10.800 First of all, nobody will risk without United States. The 0:12:10.880 --> 0:12:15.480 second that what can divide NATO, divide EU and USA. 0:12:15.679 --> 0:12:18.679 That is a goal and dream of putting. 0:12:18.600 --> 0:12:21.480 To divide this unity that can be if you only 0:12:21.559 --> 0:12:23.880 Europeans will be First of all, they don't have some 0:12:24.040 --> 0:12:27.160 hundreds of thousands, be honest, No, they don't have They 0:12:27.200 --> 0:12:30.000 don't have such troops. You know, there are our armies 0:12:30.360 --> 0:12:32.040 more than eight hundred thousand. 0:12:31.920 --> 0:12:33.959 It's very very big the standard. 0:12:34.840 --> 0:12:38.679 Second France, yes, two hundred, a little bit more two hundreds, 0:12:38.960 --> 0:12:42.480 and all our partners are the less and less and less. 0:12:42.960 --> 0:12:46.520 So where they will get some hundreds of thousands, it 0:12:46.640 --> 0:12:50.120 meant that the idea is about to have ten twenty 0:12:50.200 --> 0:12:52.439 SOTI is not enough that we will. 0:12:52.480 --> 0:12:54.760 Do you think Trump will allow Do you think I 0:12:54.800 --> 0:12:58.400 don't know, let American troops be in Ukraine after the peace. 0:12:58.520 --> 0:13:00.880 That is a big thing for him. Is always about 0:13:00.960 --> 0:13:02.600 taking things back to America. 0:13:02.840 --> 0:13:06.920 Yes, it's true, for example if for example, it's interesting 0:13:07.080 --> 0:13:11.080 about it once with him, not about continuous in Ukraine. 0:13:11.120 --> 0:13:13.000 But I spoke about the hour people. 0:13:13.040 --> 0:13:14.560 I said, we have big army. 0:13:14.920 --> 0:13:16.920 Look if we have if we are. 0:13:16.960 --> 0:13:20.360 The part of need to and you know Europeans always 0:13:20.360 --> 0:13:23.760 counted on a big number like now something more than 0:13:23.760 --> 0:13:28.880 eighty thousand of Americans here, Yes, in Europe, in native soldiers. 0:13:29.000 --> 0:13:31.280 So something like that, I said, I is that I'm 0:13:31.280 --> 0:13:33.760 thinking maybe you know he always wants his. 0:13:33.800 --> 0:13:36.640 Soldiers being in the United States. Yes, but I said 0:13:36.640 --> 0:13:38.760 that after the war, we will. 0:13:38.559 --> 0:13:42.080 Have hundreds of hundred thousand people, and if we are 0:13:42.080 --> 0:13:42.840 in needed. 0:13:42.760 --> 0:13:43.559 They can be. 0:13:43.720 --> 0:13:46.320 They get orders of other countries if. 0:13:46.200 --> 0:13:48.319 We are in need. But if we are not in 0:13:48.400 --> 0:13:52.840 need to, that's we are not. Yes, you mentioned China. 0:13:53.280 --> 0:13:56.880 How important is China in these negotiations. I mean, China 0:13:57.040 --> 0:13:59.320 is the backer of Russia. They seem to have had 0:13:59.360 --> 0:14:04.320 an impact things like Putin not using nuclear weapons. Those 0:14:04.360 --> 0:14:07.200 are the things can China push Putin? And do you 0:14:07.240 --> 0:14:08.960 have any contact with the Chinese? 0:14:09.160 --> 0:14:11.640 I had some contacts with the shin Jinpin. 0:14:12.080 --> 0:14:16.080 We had a phone call during the war, not to watch, 0:14:16.280 --> 0:14:16.840 not enough. 0:14:17.080 --> 0:14:22.400 I think yes, he can push Putin to piece. I'm sure. 0:14:22.600 --> 0:14:26.960 I think that only President Trump is strongest and shin Zinpin. 0:14:27.120 --> 0:14:30.280 I think that there's no other allies who can really 0:14:30.560 --> 0:14:34.080 do it. Yes, because his economy put In after suns 0:14:34.160 --> 0:14:38.800 after everything depends very much of China and Chinese decisions, 0:14:39.040 --> 0:14:42.720 decisions of the leader of China, And of course I 0:14:42.760 --> 0:14:45.320 think that who knows, maybe I don't know, maybe, but 0:14:45.480 --> 0:14:49.920 maybe more spot to make a decision and to have 0:14:50.000 --> 0:14:55.080 dialogue President Trump with Shinjinpin about how to together push Putin. 0:14:55.640 --> 0:14:59.480 You would like Donald Trump and of China to work together? 0:14:59.680 --> 0:15:00.880 Yes, I think yes. 0:15:01.360 --> 0:15:01.680 Yes. 0:15:01.920 --> 0:15:04.120 Can I ask you a bit about the actual war 0:15:04.560 --> 0:15:06.600 which is not without us, not without it? 0:15:06.680 --> 0:15:07.400 It's important? 0:15:07.960 --> 0:15:08.480 Yeah? Please? 0:15:08.920 --> 0:15:10.160 Can I ask you about the actual war? 0:15:10.280 --> 0:15:12.880 As you know, the background to this is Russia has 0:15:12.920 --> 0:15:17.840 been gaining territory, gained above four thousand square kilometers last year. 0:15:18.000 --> 0:15:21.680 What can you do militarily to stop that or reverse it? 0:15:22.200 --> 0:15:25.400 What do you need from your allies regardless of peace. 0:15:25.840 --> 0:15:28.359 It's it doesn't depend on decisions. 0:15:28.400 --> 0:15:33.520 We need financing of our internal production of drowns first all, 0:15:33.960 --> 0:15:36.600 and we are good indeed, but now we want to 0:15:37.200 --> 0:15:42.040 accelerate and increase the production. We need a lot between us. 0:15:42.120 --> 0:15:46.640 I don't want to go further to number and equipment 0:15:47.080 --> 0:15:48.440 because we have some brigades. 0:15:48.440 --> 0:15:51.280 As I said previously, we have some brigades and they 0:15:51.320 --> 0:15:52.280 are really empty, so. 0:15:52.320 --> 0:15:55.440 They don't have I mean this. You know, troops are 0:15:55.920 --> 0:15:59.080 when you have when you have people and equipment, not 0:15:59.240 --> 0:16:04.440 just people, yes, or not just equipment. And that's why. 0:16:04.640 --> 0:16:07.680 So we need to equip some sombrigues. 0:16:07.840 --> 0:16:09.280 This is what important for today. 0:16:09.520 --> 0:16:12.920 This is Bloomberg Daybreak, your morning podcast on the stories 0:16:13.000 --> 0:16:16.040 making news from Wall Street to Washington and beyond. 0:16:16.400 --> 0:16:18.800 Look for us on your podcast feed by six am 0:16:18.880 --> 0:16:22.680 Eastern each morning, on Apple, Spotify, or anywhere else you listen. 0:16:22.920 --> 0:16:25.800 You can also listen live each morning starting at five 0:16:25.800 --> 0:16:28.520 am Wall Street time on Bloomberg eleven three to zero 0:16:28.520 --> 0:16:31.440 in New York, Bloomberg in ninety nine to one in Washington, 0:16:31.520 --> 0:16:35.440 Bloomberg ninety two nine in Boston, and nationwide on serious 0:16:35.640 --> 0:16:37.720 XM Channel one twenty one. 0:16:37.560 --> 0:16:40.320 Plus listen coast to coast on the Bloomberg Business app 0:16:40.400 --> 0:16:43.720 now with Apple CarPlay and Android auto interfaces. 0:16:43.920 --> 0:16:46.960 And don't forget to subscribe to Bloomberg News Now. It's 0:16:46.960 --> 0:16:49.680 the latest news, whenever you want it in five minutes 0:16:49.800 --> 0:16:52.920 or less. Search Bloomberg News Now and your favorite podcast 0:16:52.960 --> 0:16:55.200 platform to stay informed all day long. 0:16:55.480 --> 0:16:57.640 I'm Karen Moscow, I'm John Tucker. 0:16:57.760 --> 0:16:59.960 Join us again tomorrow morning for all the news unied 0:17:00.120 --> 0:17:03.000 to start your day right here, a Bloomberg day Break