1 00:00:00,960 --> 00:00:04,320 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:04,400 --> 00:00:08,840 Speaker 1: in Kahalegi. Ukrainian President Volodimir Zelenski says all the developments 3 00:00:08,880 --> 00:00:11,879 Speaker 1: to set up security guarantees for a post war Ukraine 4 00:00:11,920 --> 00:00:16,000 Speaker 1: will be ready in the coming days. Bloomberg's Alisa Safronova 5 00:00:16,280 --> 00:00:18,640 Speaker 1: is tracking developments for US from Kiev. 6 00:00:18,760 --> 00:00:23,800 Speaker 2: This means that we should understand who do what what 7 00:00:24,400 --> 00:00:28,000 Speaker 2: on the sea, in the air, are on the battlefield 8 00:00:28,240 --> 00:00:33,360 Speaker 2: or not on the battlefield, but and who is financing 9 00:00:33,479 --> 00:00:37,839 Speaker 2: for instance, because financing is also very important for Ukraine 10 00:00:37,960 --> 00:00:39,120 Speaker 2: and Ukrainian army. 11 00:00:39,680 --> 00:00:42,760 Speaker 1: President Trump is threatening Russia with massive sanctions over the 12 00:00:42,760 --> 00:00:45,159 Speaker 1: war in Ukraine unless an agreement can be reached in 13 00:00:45,200 --> 00:00:48,320 Speaker 1: about two weeks. The Wall Street Journal reports that US 14 00:00:48,360 --> 00:00:51,479 Speaker 1: officials say the Pentagon has for months been blocking Ukraine's 15 00:00:51,560 --> 00:00:54,840 Speaker 1: use of long range missiles to strike inside Russia, limiting 16 00:00:54,920 --> 00:00:57,440 Speaker 1: key from employing a powerful weapon and it's fired against 17 00:00:57,440 --> 00:01:01,560 Speaker 1: Moscow's invasion. A high level Defense Department approval procedure, which 18 00:01:01,640 --> 00:01:05,119 Speaker 1: hasn't been announced, has prevented Ukraine from firing any US 19 00:01:05,160 --> 00:01:09,320 Speaker 1: made long range army tactical missile systems against targets in 20 00:01:09,400 --> 00:01:13,280 Speaker 1: Russia since late Spring. On at least one occasion, Ukraine 21 00:01:13,360 --> 00:01:16,480 Speaker 1: sought to use the weapons against the target on Russian territory, 22 00:01:16,480 --> 00:01:20,080 Speaker 1: but was rejected. The US veto of long range strikes 23 00:01:20,080 --> 00:01:23,880 Speaker 1: has restricted Ukraine's military operations as the White House has 24 00:01:23,920 --> 00:01:26,959 Speaker 1: sought to woo the Kremlin into beginning peace talks. The 25 00:01:27,000 --> 00:01:29,640 Speaker 1: Maryland man who became a face of the Trump administration's 26 00:01:29,640 --> 00:01:33,319 Speaker 1: cracked out on immigration after being accidentally deported to El Salvador, 27 00:01:33,640 --> 00:01:36,000 Speaker 1: has been given a stark choice back in the US 28 00:01:36,120 --> 00:01:39,800 Speaker 1: plead guilty to human smuggling charges or be sent to Uganda. 29 00:01:40,040 --> 00:01:43,920 Speaker 1: A US Immigration and Customs enforcement representative allegedly made the 30 00:01:43,959 --> 00:01:47,320 Speaker 1: threat against Kilmore Abrigo Garcia within minutes of his long 31 00:01:47,319 --> 00:01:50,240 Speaker 1: awaited release on bail Friday night. His lawyer said this 32 00:01:50,320 --> 00:01:53,120 Speaker 1: in a filing Saturday in federal court in Nashville, where 33 00:01:53,120 --> 00:01:57,400 Speaker 1: the criminal cases underway. The Florida detention camp down as 34 00:01:57,480 --> 00:02:01,160 Speaker 1: Alligator Alcatraz is being run illegally state workers who are 35 00:02:01,200 --> 00:02:04,880 Speaker 1: holding immigrants off the grid. The American Civil Liberties Union 36 00:02:04,920 --> 00:02:07,320 Speaker 1: said this in a new lawsuit filed hours after a 37 00:02:07,400 --> 00:02:10,840 Speaker 1: judge in a different case rule the facility must be dismantled. 38 00:02:11,040 --> 00:02:14,080 Speaker 1: The ACLU on Friday suit a group of Florida agencies 39 00:02:14,080 --> 00:02:18,200 Speaker 1: involved in operating the facility, alleging their violating federal laws 40 00:02:18,240 --> 00:02:22,400 Speaker 1: that strictly limit house states can participate in immigration enforcement. 41 00:02:23,040 --> 00:02:25,959 Speaker 1: Canadian Prime Minister Mark Karney is visiting Poland, Germany and 42 00:02:26,040 --> 00:02:29,240 Speaker 1: Latfaia to strength and defense and industrial partnerships, with a 43 00:02:29,280 --> 00:02:32,919 Speaker 1: particular focus on growing his country's nuclear and critical mineral sectors. 44 00:02:33,360 --> 00:02:35,800 Speaker 1: Carney arrived in Poland Saturday and intends to meet with 45 00:02:35,880 --> 00:02:38,680 Speaker 1: Prime Minister Donald Tusk on Monday. He'll meet with German 46 00:02:38,760 --> 00:02:42,320 Speaker 1: Chancellor Friedrich Merz in Berlin Tuesday and the Latvian Prime 47 00:02:42,320 --> 00:02:46,320 Speaker 1: Minister on Wednesday. Dominic LeBlanc, the minister responsible for Canada 48 00:02:46,400 --> 00:02:49,240 Speaker 1: US trade, was asked on Bloomberg's balance of power if 49 00:02:49,240 --> 00:02:52,080 Speaker 1: they have gotten any indication the fifty percent tariff rates 50 00:02:52,080 --> 00:02:54,040 Speaker 1: on steel and aluminum would come down. 51 00:02:54,160 --> 00:02:59,519 Speaker 3: No, not yet. We're optimistic. We're continuing to talk to 52 00:03:00,000 --> 00:03:02,560 Speaker 3: Tree Latnik and others in the Ambassador Greer or others 53 00:03:02,600 --> 00:03:06,040 Speaker 3: in the administration. But the Section two thirty two tariffs 54 00:03:06,080 --> 00:03:11,000 Speaker 3: on the strategic sectors the president has applied with very 55 00:03:11,000 --> 00:03:11,760 Speaker 3: little relief. 56 00:03:12,240 --> 00:03:15,200 Speaker 1: Earlier on Friday, Carney announced that Canada will end counter 57 00:03:15,280 --> 00:03:18,079 Speaker 1: tariffs on tens of billions of dollars of US goods 58 00:03:18,200 --> 00:03:21,680 Speaker 1: and post under his predecessor, Justin Trudeau, saying Trump indicated 59 00:03:21,720 --> 00:03:25,600 Speaker 1: this would restart trade talks that have stalled. Federal Reserve 60 00:03:25,639 --> 00:03:29,000 Speaker 1: Bank of Chicago President Austin Goulesby credited Jerome Powell for 61 00:03:29,040 --> 00:03:31,280 Speaker 1: the low level of disagreement across the range of FED 62 00:03:31,320 --> 00:03:35,560 Speaker 1: officials during his eight year tenures chair. I'm a longtime 63 00:03:35,720 --> 00:03:36,400 Speaker 1: fan of j. 64 00:03:36,600 --> 00:03:36,880 Speaker 3: Powell. 65 00:03:36,920 --> 00:03:39,000 Speaker 4: I think he's a first ballot Hall of Fame FED 66 00:03:39,120 --> 00:03:41,560 Speaker 4: chair and he has great judgment. 67 00:03:42,200 --> 00:03:43,520 Speaker 1: He is also. 68 00:03:44,560 --> 00:03:50,800 Speaker 3: Navigated a pretty diverse set of world views on that committee. 69 00:03:51,040 --> 00:03:53,160 Speaker 1: You can hear more from Austin goules Be on the 70 00:03:53,200 --> 00:03:56,000 Speaker 1: Otlots podcast. Gouls Be, speaking on the sidelines of the 71 00:03:56,080 --> 00:03:59,960 Speaker 1: Kansas City Fence Economic Symposium in Jackson, hol Wyoming, said 72 00:04:00,120 --> 00:04:02,600 Speaker 1: it had less to do with FOMC members taking the 73 00:04:02,640 --> 00:04:04,760 Speaker 1: same view of the economic data and more to do 74 00:04:05,120 --> 00:04:09,080 Speaker 1: with Pal's ability to forge consensus. European Central Bank President 75 00:04:09,200 --> 00:04:11,960 Speaker 1: Christine Lagarde says the labor market there has proven to 76 00:04:12,000 --> 00:04:14,920 Speaker 1: be surprisingly resilient in the face of a once of 77 00:04:15,000 --> 00:04:18,400 Speaker 1: the generation inflation shock at aggressive interest rate hikes. We 78 00:04:18,480 --> 00:04:20,480 Speaker 1: get more from Bloomberg's Denise Pellegrini. 79 00:04:20,640 --> 00:04:23,720 Speaker 4: Employment expanded by four point one percent between the end 80 00:04:23,720 --> 00:04:25,960 Speaker 4: of twenty twenty one and mid twenty twenty five in 81 00:04:26,000 --> 00:04:28,880 Speaker 4: the EU, and in remarks prepared for the fed's annual 82 00:04:28,880 --> 00:04:32,839 Speaker 4: symposium in Jackson Hall, the Guard sites global tailwinds and 83 00:04:32,960 --> 00:04:36,359 Speaker 4: domestic strengths for this. The ECB, just like the FED, 84 00:04:36,560 --> 00:04:39,760 Speaker 4: was forced to raise interest rates to battle inflation, and 85 00:04:39,800 --> 00:04:43,040 Speaker 4: has been recently in the process of unwinding that tightening 86 00:04:43,080 --> 00:04:47,039 Speaker 4: as inflation retreats. Laguard also cautioned, though it's difficult to 87 00:04:47,080 --> 00:04:51,200 Speaker 4: say with confidence if recent patterns will persist. European Central 88 00:04:51,200 --> 00:04:54,160 Speaker 4: Bank officials did keep the deposit rate unchanged at two 89 00:04:54,160 --> 00:04:57,200 Speaker 4: percent in July, and it looks increasingly likely they'll do 90 00:04:57,240 --> 00:04:59,960 Speaker 4: that again next month. Denise Pellegreney Bloomber. 91 00:05:00,680 --> 00:05:03,440 Speaker 1: After two rounds of the Tour Championship at East Lake, 92 00:05:03,480 --> 00:05:06,839 Speaker 1: Patrick Cantley and Tommy Fleetwood both sixteen under for the tournament, 93 00:05:07,160 --> 00:05:09,599 Speaker 1: they will enter Sunday's final round tied with a two 94 00:05:09,600 --> 00:05:13,200 Speaker 1: shot lead. That's news when you want it with Bloomberg News. Now, 95 00:05:13,560 --> 00:05:16,200 Speaker 1: I'm mad Kleggy. This is Bloomberg