Speaker 1: Live from the Bloomberg Interacted Brooker Studios. This is Bloomberg
Speaker 1: Daybreak for Monday, February two. Coming up this hour, Talks
Speaker 1: between Ukraine and Russia set for this morning. Global team
Speaker 1: coverage on the conflict straight ahead, equity sell off, treasury
Speaker 1: yields fall, and the dollar strengthen. Says the West isolates
Speaker 1: Russia and oil source has more sanctions cause fears of
Speaker 1: an energy crisis. It's a milestone for coronavirus man dates
Speaker 1: in New York State, plus North Korea's ramping up tensions
Speaker 1: while the world is focused on Ukraine. Michael Blower. More ahead,
Speaker 1: I'm John stash Our and sports the Nixon Rangers, both
Speaker 1: Boss games with the Gardener shoutout win for the Islanders,
Speaker 1: a big East loss for St. John's. That's all straight
Speaker 1: ahead on Bloomberg day Break on Bloomberg eleven, TREEO, New York,
Speaker 1: Bloomberg nine one, Washington, d C, Bloomberg one O six one, Boston,
Speaker 1: Bloomberg nine sixties, San Francisco, Sirius x M one nineteen
Speaker 1: and around the world. Old on Bloomberg Radio dot Com
Speaker 1: and via The Bloomberg Business And Good Morning. I'm Nathan
Speaker 1: Hagar and I'm Karen Moscow. Low Little stocks are tumbling
Speaker 1: and havens are rising. This morning, We're coming up to
Speaker 1: six o one on Wall Street, and we check the
Speaker 1: markets every fifteen minutes throughout the trading day. On Bloomberg
Speaker 1: right now, futures are lower but off their loads of
Speaker 1: the morning. SNP futures are down fifty five points down,
Speaker 1: futures down three hundred sixty nine, and nasday futures down
Speaker 1: one hundred seventy six. Ten year treasury up twelve thirty seconds.
Speaker 1: He had one point nine one percent, and they yield
Speaker 1: on the two year one point five zero percent. Nathan, Karen,
Speaker 1: we begin with the latest out of Eastern Europe. Officials
Speaker 1: from Ukraine are meeting with Russia now and Belarus is
Speaker 1: preparing to send troops into Ukraine. Amy Morris kicks off
Speaker 1: our global team coverage from our Bloomberg newsroom in Washington.
Speaker 1: Hours after Vladimir Putin pled his country's nuclear forces on
Speaker 1: higher alert. Ukrainian officials planted negotiations near the border with Belarus,
Speaker 1: but the Washington Post is quoting an un aimed you
Speaker 1: as official that Belarus is preparing to send troops into
Speaker 1: Ukraine as soon as today to help Russia. Senator Mark
Speaker 1: Warner on the Senate Intelligence Committee tells NBCs meet the press,
Speaker 1: Vladimir Putin may have miscalculated. And when you are an
Speaker 1: authoritarian leader and you have less and less inputs and
Speaker 1: you're only hearing from people that want to say to
Speaker 1: the boss, heye, you're right, I think that leads to misconpulation.
Speaker 1: I think that is what has happened in the case
Speaker 1: of his invasion in Ukraine. The US is now advising
Speaker 1: its citizens to consider leaving Russia immediately, with President Biden
Speaker 1: set to speak with allies on the crisis later today
Speaker 1: in Washington. I may be Morris Bloomberg daybreak. All right, Amy,
Speaker 1: thank you now. More on that meeting between Russia and Ukraine,
Speaker 1: and Ukrainian leader of Vladimir Zelenski is questioning whether much
Speaker 1: may come of the talks. I'll say, frankly, like always,
Speaker 1: I don't believe that much in the result of this meeting.
Speaker 1: But let them try so that not a single citizen
Speaker 1: of Ukraine has any doubt left that I, as President
Speaker 1: used every chance to stop the war. You've a small one.
Speaker 1: Ukrainian President Vladimir's Lenski is asking foreigners to join his
Speaker 1: forces in response to Latia, will allow citizens to voluntarily
Speaker 1: travel to Ukraine to fight Russia. The meantime, care in
Speaker 1: the United Nations Security Council has voted to hold a
Speaker 1: rare General Assembly meeting today over the crisis in Ukraine.
Speaker 1: Bloomberg's Ed Baxter has the story, this is an attempt
Speaker 1: by the Nations to further isolate Russia. US Ambassador to
Speaker 1: the U n Lynda Thomas Greenfield says the urgent response
Speaker 1: came as Vladimir Putin put his nuclear program on high alert,
Speaker 1: even though he is invading a country with no nuclear
Speaker 1: weapons and is under no threat from NATO, a defensive
Speaker 1: alliance that will not fight in Ukraine. The only vote
Speaker 1: against holding the assembly was Russia, but it does not
Speaker 1: count as a veto because it's considered a procedural meeting.
Speaker 1: In San Francisco, I'm at Baxter Bloomberg Daybreak. All right,
Speaker 1: and thank you well. Western Nations have a great to
Speaker 1: unleash new sanctions to further isolated Russia's economy, and Bloomberg's
Speaker 1: down Tuck continues our Global team coverage live in New York,
Speaker 1: John Karen. Some Russian banks will be excluded from the
Speaker 1: Swift messaging system, which is used to conduct trillions of
Speaker 1: dollars worth of transactions. The European Commission President or Sela Underland,
Speaker 1: made the announcement over the weekend. Cutting banks off will
Speaker 1: stop them from conducting most of their financial transactions worldwide
Speaker 1: and effectively block Russian exports and inputs. The decision to
Speaker 1: cut off banks from Swift marks a rapid escalation for
Speaker 1: the US and its allies, who has said such a
Speaker 1: move was a nuclear option. In Russia's central Bank will
Speaker 1: now also be prevented from deploying its international reserves. The
Speaker 1: decision to hit the central bank is a first for
Speaker 1: an economy the size of Russia's. It could lead to
Speaker 1: massive bank runs and shake Russia's financial system to the core.
Speaker 1: Live in New York, I'm John Sucker, Bloomberg Daybreak. All right, John, Thanks,
Speaker 1: and we are seeing the conflict in Ukraine have a
Speaker 1: major impact on equities and the Russian ruble. This morning.
Speaker 1: Bloomberg's Max Ramsey continues our global team coverage line from London.
Speaker 1: Good morning, Max, Good morning Nathan and Karen. Yes, these
Speaker 1: sanctions bringing a big risk off move and a lot
Speaker 1: more volatility. We are off session lows, but still to
Speaker 1: the downside across European stocks before one point three percent
Speaker 1: on the stock six hundred, the foot See one hundred
Speaker 1: down one percent, and the docks in Germany leads losses,
Speaker 1: down two point two percent. Russia's stock market has not
Speaker 1: opened today, but in the assets that are trading real
Speaker 1: paralysis as sanctions hit the country's financial system. The ruble
Speaker 1: hit an all time low against the dollar earlier. Right
Speaker 1: now trading at around a one one hundred to the dollar.
Speaker 1: It started the year at seventy five. We also track
Speaker 1: the fallout across the energy space. BP shares down five
Speaker 1: point three percent in London trading today, they announced they
Speaker 1: would exit their steak in Russian state or state owned
Speaker 1: oil producer Rosneft. Live in London, Max Ramsey bloom Bag
Speaker 1: daybreak right, Max, thank you well. Oil is soaring as
Speaker 1: energy markets are thrown into a state of disarray. Checking
Speaker 1: prices right now now, I'm ex scrude oil is at
Speaker 1: four point two per cent, they said five cents of
Speaker 1: barrel and brent is that more than four percent as
Speaker 1: well at one ninety seven cents. Bloomber's Rerneda Young joins
Speaker 1: US live with more. Good Morning Nia, Good morning Karen.
Speaker 1: Brent Crew jumped more than seven percent overnight before pulling
Speaker 1: back to trade around one and three dollars of barrel.
Speaker 1: The oil supply is already struggling to meet demand from
Speaker 1: rebounding economies, and any disruptions from Russia, which is the
Speaker 1: world's number three producer, could exacerbate conditions. Meantime, China and
Speaker 1: other buyers have paused purchases of Russia's flagship oil Grade,
Speaker 1: and some Asian customers are frantically trying to secure more
Speaker 1: Middle Eastern crude. Live in New York. I'm gonna need
Speaker 1: a young bloom bark day break, all right, we need
Speaker 1: a thanks. There's even more fallout from the Russian invasion.
Speaker 1: The Bank of Russia more than doubled its key interest
Speaker 1: rate overnight to the highest in almost two decades. The
Speaker 1: rate will increase from nine and a half to and back.
Speaker 1: Here in the US, Nathan Fed Chair J. Powell must
Speaker 1: strike a delicate balance before Congress this week. Pawell deliver
Speaker 1: semi annual testimony on Wednesday, and unlikely in horse recent
Speaker 1: signals from his colleagues at the Federal race interest rates
Speaker 1: in March at the same time, Russia's invasion has injected
Speaker 1: a dose of uncertainty again. Futures are lower. SMP futures
Speaker 1: down fifty six points down, futures down three hundred sixty nine,
Speaker 1: Nasdack futures down one hundred eighty two. Straight ahead, your
Speaker 1: latest local headlines, plus a check of sports. This is Bloomberg.
Speaker 1: It's tring. It's six oh seven on Wall Street, twenty
Speaker 1: seven degrees in Central Park and the Sunrise Highways closed
Speaker 1: both ways in Mary because of a crash. It's at
Speaker 1: Landown Avenue. Michael Bars here with more on what's going
Speaker 1: on in New York and around the world. Michael, thank
Speaker 1: you very much, Nathan. New York's COVID nineteen restrictions in
Speaker 1: the city and around the state will be scaled back
Speaker 1: in the coming days, ending into our school mask mandates.
Speaker 1: Governor Cathy Ocle cited a recent CDC guidance that classified
Speaker 1: New York as low risk for COVID infection. There are
Speaker 1: some states, some counties in the standard where they have
Speaker 1: a higher rate of transmission. We will allow them the
Speaker 1: flexibility to determine what's best for their county. We would
Speaker 1: encourage them to take a look at this and follow
Speaker 1: the CDC, but this will no longer be a mandate.
Speaker 1: Governor Huncle also says New York will also cut back
Speaker 1: requirements to show proof of vaccination in city restaurants, gyms,
Speaker 1: and other venues. Some governors are banning the sale of
Speaker 1: Russian vodka in response to the invasion of Ukraine. It
Speaker 1: comes as New York is among states pledging to welcome
Speaker 1: Ukrainian refugees. Because we have the Statue of Liberty in
Speaker 1: our harbor. This is a point of pride for us
Speaker 1: to welcome all of them. Governor Hocal signed and executive
Speaker 1: order that will result in a review of New York's
Speaker 1: business ties, purchases, and investments possibly connected to Russian entities.
Speaker 1: North Korea says it tested cameras to be installed on
Speaker 1: a spy satellite. Today's announcement comes a day after North
Speaker 1: Korea's neighbors detected a ballistic missile launch. The U N
Speaker 1: and others view a satellite launch by North Korea as
Speaker 1: a cover for tests of missile technology. President Joe Biden's
Speaker 1: approval rating fell to a record low. A New Washington
Speaker 1: Post ABC News poll shows only thirty seven percent approve
Speaker 1: of the job he's doing. In fifty five percent say
Speaker 1: that they disapprove. Ahead of his first State of the
Speaker 1: Union address tomorrow, Judge Katangi Brown Jackson will start paying
Speaker 1: courtesy visits to U. S. Senators this week ahead of
Speaker 1: her confirmation hearing. If approved, she would be the first
Speaker 1: black woman seated on the U. S. Supreme Court. Senate
Speaker 1: Majority Leader Chuck Schumer of New York reacted to President
Speaker 1: Biden Supreme Court nominee, she is just such an outstanding nominee.
Speaker 1: It's amazed me that no one in her past who
Speaker 1: has worked with her, both when she was on the
Speaker 1: private side and then as a judge, has anything bad
Speaker 1: to say about or whether the Democrat, Republican, liberal or conservative. Senator.
Speaker 1: Schumer also says an additional six point four billion dollars
Speaker 1: an emergency aid for Ukraine will be added into an
Speaker 1: upcoming Senate budget bill. Global News twenty four hours a
Speaker 1: day on air, end on Bloomberg Quicktake, powered by more
Speaker 1: than twenty seven under journalist and analyst more than a
Speaker 1: hundred twenty countries. Michael Barr, this is Bloomberg. Thank you
Speaker 1: my call. Come up to six ten on Wall Street
Speaker 1: time for the Bloomberg Sports Update with John Stashi all
Speaker 1: Right Ethan seven days in a row, the two sides
Speaker 1: of the baseball lockout have met. The one yesterday lasted
Speaker 1: six hours, but after each one story is always the same.
Speaker 1: No real progress on the key economic hitches. They'll be
Speaker 1: back for more today, but according to MLB, if they
Speaker 1: don't emerge today with a lock out, any labor deal
Speaker 1: this season will not start on time and will not
Speaker 1: be a hundred and sixty two games at the Garden
Speaker 1: next beaten by Philadelphia one five, one on one. Joe l.
Speaker 1: M Be scored thirty seven points. He went to the
Speaker 1: free throw line twenty seven times. Two Knick centers fouled
Speaker 1: out trying to defend him, and Be made twenty three
Speaker 1: of those fell shots. And the new six are James Harden,
Speaker 1: who engineered that trade out of Brooklyn. Score twenty nine
Speaker 1: at a triple double. We're feeling good with Philly. This
Speaker 1: is my second name month. Uh, but just my body
Speaker 1: feel great and then it feels great. How to choke
Speaker 1: his way honesty and a really really long time. So
Speaker 1: it's just my hop my finnigins in the rim extra stuff. Um,
Speaker 1: this was really great Nick's not doing so hot. They've
Speaker 1: lost fifteen or the last eighteen and the worst of
Speaker 1: the NBA over that time. Lakers not much better, lost
Speaker 1: at home to New Orleans by twenty eight. Dallas came
Speaker 1: from nineteen down in the second half to win at
Speaker 1: Golden State. Rangers were also at the Garden. Quiet night
Speaker 1: for the Blue Shirts. They lost to Vancouver five to two.
Speaker 1: The Islanders afford nothing win at Anaheim. Bad loss for St.
Speaker 1: John's with the Big East Tournament coming next week to
Speaker 1: Red Storm fell at the Fall ninety four Javon Freeman
Speaker 1: Liberty score thirty nine for the Blue Demons. Manhattan lost
Speaker 1: the Fairfield. I wanna beat Ryder. The Gales have dominated
Speaker 1: the MAC, but they'll need to win the upcoming tournament
Speaker 1: to gain entry to the n C Double. As in
Speaker 1: Austrian Steps, Straka came from five shots down to win
Speaker 1: the Hunda Gulf in Palm Beach. John Stash at Bloomberg Sports,
Speaker 1: thank you, john SMP futures down down fifty three points down,
Speaker 1: futures down three to fifty three. Nanstack futures lower by
Speaker 1: a hundred seventy four points. Oil surging this morning. Nimex
Speaker 1: screwed up four and a half percent. The latest on Ukraine. Next,
Speaker 1: with Bloomberg's rons Athosen, we'll look at the oil market
Speaker 1: as well with Stephen Schork of the Short Group. This
Speaker 1: is Bloomberg Bloomberg eleven three oh weather sunny, breezy, mid
Speaker 1: thirties today, partly sunny, mid forties tomorrow him your fifty.
Speaker 1: Mostly sunny by Wednesday. Currently twenties seven degrees in Central Park. Markets,
Speaker 1: headlines and breaking news twenty four hours a day at
Speaker 1: Bloomberg dot com. The Bloomberg Business at and at Bloomberg
Speaker 1: Quicktape is a Bloomberg business lash and I'm fair in Moscow.
Speaker 1: This update brought to you by Interactive Brokers trade crypto
Speaker 1: for less coin with commissions as twelve to eighteen basis
Speaker 1: points and no hidden spreads their mark ups. Learn more
Speaker 1: at ibkr dot com. Slash crypto equities are following sovereign
Speaker 1: bonds rallying. Commodities are surging a bit heightened uncertainty after
Speaker 1: Western nations escalated sanctions on Russia for the invasion of Ukraine,
Speaker 1: and we checked the markets every fifteen minutes throughout the
Speaker 1: training day on bloomberg S and p Future is down
Speaker 1: a sixty point, so they're well off their lows of
Speaker 1: the morning, down one point four percent right now. Now
Speaker 1: Future is down four hundred eight and NASDACK futures down
Speaker 1: one ninety five. The decks in Germany is down to
Speaker 1: and a quarter percent. The ten year treasury of fourteen
Speaker 1: thirty seconds yield one point nine one percent. They yield
Speaker 1: on the two year one point five percent. Nimex crude
Speaker 1: oil is up four and a half percent of four
Speaker 1: dollars eleven cents at ninety five dollars seventy cents a barrel.
Speaker 1: Comes gold up one point one percent of twenty one
Speaker 1: dollar sixty cents at nineteen o nine twenty announced the
Speaker 1: Euro one point one to one four against the dollar,
Speaker 1: British pound one point three four and the ends at
Speaker 1: one fifteen point five six. And checking Bitcoin this morning
Speaker 1: higher by about two point four percent. It's at thirty
Speaker 1: eight thousand, three hundred thirty dollars. That's a bloomberg business flash.
Speaker 1: Now here's Michael Barr with more on what's going on
Speaker 1: around the world. Michael, thank you very much. Karen. Right
Speaker 1: now Ukraine is all ding pea stalks, with Moscow near
Speaker 1: the Belarus border. It comes as President Vladimir Putin dramatically
Speaker 1: escalated East West tensions by ordering Russian nuclear forces on
Speaker 1: high alert in Hong Kong. They are currently grapping with
Speaker 1: the latest of the COVID mandate. Hong Kong reported a
Speaker 1: record high thirty four thousand, four hundred sixty six infections today,
Speaker 1: as deaths continue to climb. In the NBA, the Nick
Speaker 1: Celtics and Warriors lost. In the NHL, the Islanders won,
Speaker 1: the Rangers lost. Global News twenty four hours a day
Speaker 1: on air and on Bloomberg Quicktake, powered by more than
Speaker 1: twenty seven journalists, analysts and more than a hundred twenty countries.
Speaker 1: I'm Michael Bar. This is Bloomberg. Nathan Okay, Michael, thank you.
Speaker 1: At six nineteen on Wall Street Line from the Bloomberg
Speaker 1: Interactive Broker Studios. This is Bloomberg Daybreak, and Bloomberg's executive
Speaker 1: editor for International Relations, Rosalind Matheson joins us as we
Speaker 1: continue following developments in the war in Ukraine. Ros good morning,
Speaker 1: Good to have you with us. We just heard from
Speaker 1: Michael Barr that talks have begun on the Belarusian border
Speaker 1: between Ukrainian and Russian delegations. At the same time, we're
Speaker 1: hearing about continued fierce fighting in some of Ukraine's largest
Speaker 1: northern cities. What's the latest, Well, that's right, those talks
Speaker 1: which we're supposed to start on Sunday have dragged on
Speaker 1: a just now begun in a border area near Bielarus.
Speaker 1: They're at a deputy minister and a ministerial level, which
Speaker 1: is relatively low ball concerning they're supposed to be discussing
Speaker 1: terms here for some sort of peace. What they're probably
Speaker 1: going to talk about is the definition of what it
Speaker 1: would mean for Ukraine to be in quote marks neutral
Speaker 1: in all of this. And when it comes to that question,
Speaker 1: there's a huge gulf between Russia and Ukraine or what
Speaker 1: Ukrainian neutrality would look like. So really these talks are
Speaker 1: going to be pushing uphill from the very beginning to
Speaker 1: find some sort of progress at all, and expectations have
Speaker 1: to be very limited as they sit down to start
Speaker 1: their conversation. Certainly least it allows the Russian president to say, well,
Speaker 1: hang on, I am trying to talks here with Ukraine
Speaker 1: UM and trying to show some sort of negotiation. But
Speaker 1: the likelihood of some sort of progress from this talks
Speaker 1: has to be extremely low. Now when you talk about
Speaker 1: the idea of Ukrainian neutrality, we've heard from the President
Speaker 1: of Ukraine, Voladimir'szlinsky, calling for fast track admission into the
Speaker 1: European Union. What could the potential response from Europe be
Speaker 1: to that. What's the likelihood that we see more diplomatic
Speaker 1: support for Ukraine. Well, that's right, and if anything, that
Speaker 1: just shows Ukraine increasingly wanting to move further towards Europe
Speaker 1: and certainly not to be what you would think of
Speaker 1: as neutral. Um And with those comments this morning, so
Speaker 1: Ukraine has asked for that several times. It's interesting they've
Speaker 1: asked for it again today. Of course, getting into the
Speaker 1: EU as a very long and arduous process. Croatia, which
Speaker 1: was the last to join it, took them ten years
Speaker 1: to get through all the steps to do so. But
Speaker 1: they might be able to take a very preliminary step,
Speaker 1: which in itself would be highly significant, even though full
Speaker 1: EU membership would be some time away. But it's certainly
Speaker 1: interesting timing that the Ukrainian president has raised that again today,
Speaker 1: and at the same time, of course, as we heard
Speaker 1: from Michael barn the news there Russia's president Vladimir Putin
Speaker 1: put his nuclear force on heightened alert over the weekend,
Speaker 1: a eye opening step. To be sure, how is that
Speaker 1: being received in Europe? How seriously are they taking the
Speaker 1: prospect of further escalation into incredibly dire weaponry. Well, certainly
Speaker 1: that's the question. I mean, he put his nuclear forces
Speaker 1: on higher alert, which doesn't suggest, of course, there any
Speaker 1: kind of nuclear action is actually imminent. What it does do, though,
Speaker 1: is again sort of throw that question into the broader
Speaker 1: security architecture for Europe. So you've got a continent that's
Speaker 1: grappling within it with a conflict right on its borders,
Speaker 1: especially out in the east. You've got NATO having moved
Speaker 1: a lot of forces and equipment there to send the
Speaker 1: message to Vladimir Pusian that you may set foot in Ukraine,
Speaker 1: but you won't step step further into Europe, and if
Speaker 1: you do, you'll be in direct confrontation with NATO forces.
Speaker 1: But the whole batch op to this has been efforts
Speaker 1: over years to sort of towards nuclear non proliferation in
Speaker 1: the region, to not have those weapons on the table,
Speaker 1: and certainly, just by even raising the alert, the Russian
Speaker 1: president sang I'm putting it potentially back on the table,
Speaker 1: and that's got to be causing significant unease in European
Speaker 1: capitals and beyond. And we're certainly seeing the unease and
Speaker 1: markets play out this morning with the rubles sinking and
Speaker 1: the flight to safety. What's the risk to the European
Speaker 1: economy of further sanctions on Russia when we're starting to
Speaker 1: see this fallout from the Russian Central Bank being sanctioned
Speaker 1: and the private banks being kicked out of the Swift
Speaker 1: financial system, Well, certainly we want to wait and see
Speaker 1: exactly which banks are going to be kicked out of
Speaker 1: Swift by the US and others, and that will give
Speaker 1: us a broader idea again of how what's bread the
Speaker 1: fallout might be on the European economies, in particularly because
Speaker 1: they're the ones that have the most exposure to Russia,
Speaker 1: lesser of course countries like the US. But we also
Speaker 1: want to see how it affects, for example, the chip
Speaker 1: supply chain, because a lot of chips go to Russia
Speaker 1: from Asia, not just China, but also other countries there
Speaker 1: and if that gets cut off, particularly from Taiwan and Korea. UM,
Speaker 1: you can see a flow and effect of course, on
Speaker 1: the chip supply chain um let alone, the energy issue,
Speaker 1: which is again the big question of Europe's reliance on
Speaker 1: energy supplies. Would Vladimir Putin at some point decide just
Speaker 1: to turn those supplies off. That doesn't seem to have
Speaker 1: happened yet, of course, but it's one of those dangling
Speaker 1: questions that must be in the minds of European official
Speaker 1: So there will be reverberations on the European economy either way.
Speaker 1: And of course we're coming out of a pandemic that's
Speaker 1: caused a huge amount of damage on the economy globally,
Speaker 1: so we need to see exactly how that plays out
Speaker 1: for individual sectors. Bloomberg's Rosalan Mathieson, our executive editor for
Speaker 1: Interinet Eastern Relations. As always, thanks for keeping us up
Speaker 1: to speed on what's happening uh in the crisis in Ukraine.
Speaker 1: As we continue to watch the fallout in markets, we
Speaker 1: are seeing another session where crude oil prices are surging.
Speaker 1: Brent is higher by four point nine percent. Just shy
Speaker 1: of a hundred three dollars of barrel. West Texas Intermediate
Speaker 1: also your broker's global analysts and helps you find a
Speaker 1: global investment opportunities to diversify your portfolio and discover undervalued
Speaker 1: companies that may have greater growth potential. Try ib K
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Speaker 1: A we've become with the latest developments in Eastern Europe,
Speaker 1: Interfacts is reporting that talks have started between Russia and Ukraine.
Speaker 1: President Vladimir's Lensky questions whether much will come of it,
Speaker 1: but he feels bound to make an attempt if it
Speaker 1: means a chance at peace. Meantime, Western nations have agreed
Speaker 1: to impose more sanctions him in isolating Russia's economy. Penalties
Speaker 1: have yet to include the energy industry. And here's the
Speaker 1: White House spokesperson Gen Saki, and ourgo sanctions are certainly
Speaker 1: on the table. We have not taken those off, but
Speaker 1: we also want to do that and make sure we're
Speaker 1: minimizing the impact on the global marketplace. White House spokesperson
Speaker 1: Jen Saki made the comments on ABC's This Week or
Speaker 1: and Sundays on Bloomberg rightioll Karen, Fears of an energy
Speaker 1: crisis do have oil surging This morning checking the latest prices,
Speaker 1: nime X crews up four point six percent of four
Speaker 1: dollars nineteen cents at seventy seven cents of barrel. Brent,
Speaker 1: the international benchmark is hired by four point nine hundred
Speaker 1: two dollars sixty eight cents, and Bloomberg's Ranita Young joins
Speaker 1: us live with more. Good morning, Granita, Good morning, Nathan.
Speaker 1: Brent crew dumped more than seven percent overnight before pulling
Speaker 1: back to trade close to a hundred and three dollars
Speaker 1: of barrel. The oil supply was already struggling to meet
Speaker 1: demand from rebounding economies, and any disruptions from Russia, which
Speaker 1: is the world's number three producer, could exacerbate conditions. Meantime,
Speaker 1: China and other buyers have paused purchases of Russia's flagship
Speaker 1: oil Grade, and some Asian customers are frantically trying to
Speaker 1: secure more Middle Eastern crude. Live in New York, I'm
Speaker 1: rened a Young Bloomberg Daybreak, I rened to thank you.
Speaker 1: Oil is spiking, equities are selling off, and sovereign bonds
Speaker 1: are rallying. As in Key futures which were down almost
Speaker 1: three percent earlier this morning, are now down about one
Speaker 1: and a half percent. They yield on the ten year
Speaker 1: Treasury is at one point nine one, and all these
Speaker 1: moves a karener tied to efforts this weekend to isolate
Speaker 1: Moscow's financial system. Let's get the latest on that live
Speaker 1: from Bloomberg's John Tucker, John Nathan fresh sanctions seek to
Speaker 1: prevent Runch's Central Bank from using foreign reserves to blunt penalties.
Speaker 1: The added sanctions also exclude some Russian lenders from the
Speaker 1: Swift messaging system that underpins trillions of dollars worth of transactions.
Speaker 1: As a result of these moves, doubts now growing about
Speaker 1: the Bank of Russia's ability to backstop the country's financial system.
Speaker 1: That has the ruble essentially turning to rubble. This morning,
Speaker 1: it now takes one ruble to buy one dollar Live
Speaker 1: in New York on John Tucker Bloomberg Daybreak, Right, John,
Speaker 1: thank you, and as the five things you need to
Speaker 1: notice start your day. Brought to you by Interactive Brokers Again,
Speaker 1: futures are lower. SNP futures down sixty three points and
Speaker 1: DOWN futures down four D thirty five and AS day
Speaker 1: futures down two hundred. The decks in Germany's down two
Speaker 1: point four percent. Ten Your treasury of fourteen thirty seconds
Speaker 1: he had one point nine one percent and they yield
Speaker 1: on the two year one point five zero percent and
Speaker 1: NIMEX screwed oil is up four and a half percent.
Speaker 1: Straight to had your latest local headlines plus a check
Speaker 1: of sports and this is Bloomberg. Thanks Karen. Six three
Speaker 1: on Wall Street, twenty seven degrees in Central Park. A
Speaker 1: disabled vehicle on the local lanes heading to the GW Bridge.
Speaker 1: Details coming up in traffic. First Michael Barr with more
Speaker 1: on what's going on in New York and around the world. Michael,
Speaker 1: good morning, Thank you very much, Nathan. It is a
Speaker 1: new coronavirus mandate milestone for New York. State. Governor Kathy
Speaker 1: huckle is lifting mask requirements and all of the state's
Speaker 1: public schools starting Wednesday, giving parents and students the option.
Speaker 1: Individual parents have their own knowledge of their children. They
Speaker 1: know their own children's health, they know their tolerance for
Speaker 1: the mass, they know whether for them if they've got
Speaker 1: an underlying health condition. She says. The move follows new
Speaker 1: CDC guidelines. Governor Hokell also condemned any bullying or harassment
Speaker 1: against those who chose to keep their mask on. Governor
Speaker 1: Hokell also says New York is among states pledging to
Speaker 1: welcome Ukrainian refugees. Either are fellow brothers and sisters, We
Speaker 1: worship with them, we go to restaurants, then we celebrate
Speaker 1: their cultural fest with are an important part of the
Speaker 1: fabric of New York States, so an attack on their
Speaker 1: country is truly an attack on all of US. Holk
Speaker 1: Will also signed an executive order that will result in
Speaker 1: a review of New York's business ties, purchases, and investments
Speaker 1: possibly connected to Russian entities. North Korea follow up January's
Speaker 1: record barrage of missile test with the firing of a
Speaker 1: suspected midrange ballistic missile, ram ing up tensions as global
Speaker 1: attention is focused on Ukraine. Meanwhile, Pyong Yang says it
Speaker 1: tested cameras to be installed on the Spy satellite. A
Speaker 1: Texas man charged with storming the US Capitol with a
Speaker 1: holstered handgun on his waist is the first January six
Speaker 1: dependent to go on trial. Jury selection is scheduled to
Speaker 1: start today of the case against Guy Wesley Reef. Former
Speaker 1: President Donald Trump, who teased over the weekend he could
Speaker 1: run again in was the clear choice in a presidential
Speaker 1: straw poll of attendees of the Conservative Political Action Conference. Meanwhile,
Speaker 1: Trump's attorney general says, move on from the former president.
Speaker 1: That's the advice for Republicans from William Barne his new
Speaker 1: book called One Damn Thing after Another, bar writes that
Speaker 1: the former president has shown he has neither the temperament
Speaker 1: or persuasive powers to provide the kind of positive leadership
Speaker 1: that is needed. The Screen Actors Guild Awards were handed
Speaker 1: out last night. Hamilton's star Leslie Olam Jr. Kicked off
Speaker 1: the show with this message, While tonight is a celebration,
Speaker 1: we are all at the same time holding a place
Speaker 1: in our hearts for the people of Ukraine and sending
Speaker 1: our thoughts, prayers and hopes for impending peace in an upset.
Speaker 1: The Death Family drama Coda has one top honors at
Speaker 1: the SAgs that also saw wins for the leads of
Speaker 1: Squid Game, the cast of Ted Lasso and Will Smith.
Speaker 1: Global News twenty four hours a day on air and
Speaker 1: on Bloomberg Quick Take power by more than twenty seven
Speaker 1: hundred journalists and analysts more than a hundred twenty countries.
Speaker 1: I'm Michael Barr, this is Bloomberg, Nathan. Thank you. Michael
Speaker 1: six thirty six on Wall Street. Time for the Bloomberg
Speaker 1: Sports Update. Here's John Steshown, Thanks Davan double letter at
Speaker 1: the Garden to New York losses. Up first the Knicks,
Speaker 1: who were over five hundred and mid January three and fifteen.
Speaker 1: Since that's the worst of any NBA team Philadelphia one
Speaker 1: one on nine. Knicks kept fouling Joe l m but
Speaker 1: he took twenty seven free throws, made twenty three, scored
Speaker 1: thirty seven. The Knicks coach Tom Thibodeau asked, why all
Speaker 1: the foul they're generating speed in Nur's contact. There's there's
Speaker 1: gonna be, you know, and it's you know, some some
Speaker 1: games it's marginal contact. It's not about some other games
Speaker 1: that it is. And so that's where you have to adjust,
Speaker 1: and you know, you have to be in early and
Speaker 1: get out early, and you have to pull your hands
Speaker 1: back and you've got to stay down on shop takes
Speaker 1: and and that sort of thing. He's are in the
Speaker 1: second game with the six or twenty nine points and
Speaker 1: triple double. Evan Fort r J. Barrett both four, but
Speaker 1: Julius Randall in two games with the All Star Break
Speaker 1: has shot six of twenty eight and now the Nekes
Speaker 1: go on the road for a seven game trip, all
Speaker 1: but one against teams currently in the playoffs. After the Hoops,
Speaker 1: they put down the ice for the Rangers and Knnuch
Speaker 1: blue Shirts filled four nothing third period goes by alexeiy
Speaker 1: La Fronie and Ryan Strong made a Little Interest team
Speaker 1: in Vancouver one five to two Islanders for nothing to
Speaker 1: win an Annah Hunt fiftie out of the year for
Speaker 1: Ilius Soroki st John's lost at the poll four and
Speaker 1: Yukon beat Georgetown. Theahoyas are o N seventeen in the
Speaker 1: Big East. Patrick Ewing, their greatest player ever, says he's
Speaker 1: hopeful he gets the key his coaching job. Baseball walkout continues.
Speaker 1: If no labor deal by today, the season will be
Speaker 1: short and the Mets of ore twenty five year old
Speaker 1: Elizabeth ben to be the director of Major League Operations.
Speaker 1: She had been working in the MLB office. John's cash
Speaker 1: that were Bloomberg Sports Maybe okay, John, thank you. At
Speaker 1: six thirty seven on Wall Street, time to take a
Speaker 1: look at stocks and some of the names moving in
Speaker 1: the pre market with Bloomberg Radio and TV Markets correspondent
Speaker 1: Creaty gooped on another morning where geo politics are front
Speaker 1: end center, Crety, what are you seeing this morning? Yeah,
Speaker 1: geo politics friends center. If find quickly break some deal
Speaker 1: news though First t D the Canadian Bank Toronto's dominion
Speaker 1: to buy First Horizon the Tiger here is a f
Speaker 1: F f H and excuse me h for about twenty
Speaker 1: five dollars a share. F h N shares are surging
Speaker 1: in the pre market up thirty. Looks like off that
Speaker 1: deal news. But Nathan, to your point, the real news
Speaker 1: here is going to be those geopolitical tensions. Let's start
Speaker 1: with the geopolitical hedges in particular, as we know this
Speaker 1: Russia and Ukrainian war well is creating a big bid
Speaker 1: in defense ends companies. Over the weekend all off shoals
Speaker 1: the German Chancellor saying that they're going to be ramping
Speaker 1: up their defense, committing about two percent of their GDP
Speaker 1: to their defense budget in four spending a lot of
Speaker 1: money on ramping that up. And so you do see
Speaker 1: some of the major American defense export companies, Locky Martin,
Speaker 1: for example, catching a bed l M t s your
Speaker 1: taker up four point four percent. A similar story with
Speaker 1: raytheon r t X is your taker they're up four
Speaker 1: and a half percent. You're also seeing a bid into
Speaker 1: energy stocks, American energy stocks that have a lot more
Speaker 1: domestic exposure. Occidental is the one that comes to mind.
Speaker 1: Nathan o x Y is your taker, up one percent.
Speaker 1: They got to think though, that companies with exposure to
Speaker 1: Russia are going to be hitting getting hit really hard
Speaker 1: this morning, really hard. And a great example when you're
Speaker 1: speaking of oil companies that not all oil companies are
Speaker 1: created equal. BP is a great example of that. It
Speaker 1: is looking to offload it's twenty percent state in the
Speaker 1: state oil giant rosnashed down seven point three percent in
Speaker 1: its a d r S trading in the pre market.
Speaker 1: But it's not just that. You have a lot of
Speaker 1: American companies to have exposure there as well. Coca Cola,
Speaker 1: for example, about uh twenty one percent of their revenue
Speaker 1: comes from or excuse me, the volume comes from Russia
Speaker 1: and Ukraine combined. You do see that stock down one percent.
Speaker 1: KO as a ticker. Also keep an eye on McDonald's
Speaker 1: m c DS, your ticker. It's up seven tenths of
Speaker 1: a percent. A little bit of light trading in that
Speaker 1: stock right now, but it also gets nine percent of
Speaker 1: its revenue once again from Russia and Ukraine. Uh It's
Speaker 1: eight seventh largest presence is actually in Russia, so keep
Speaker 1: an eye on that stock. Another story here is going
Speaker 1: to be Philip Morris, PM is your ticker down one
Speaker 1: point six percent. They get seven percent of the revenue
Speaker 1: from Russia. So once again a common theme when it
Speaker 1: comes to consumer staple stocks. All right, Bloomberg Radio and
Speaker 1: TV Markets correspondent Crety, good thing gonna be keeping an
Speaker 1: eye on all those stocks throughout the morning, I'm sure,
Speaker 1: and taking a look at the market as a whole
Speaker 1: as we get set for what could be a very
Speaker 1: bumpy Monday morning open s ANDP futures are down down
Speaker 1: sixty two points down, futures down four or six nastack
Speaker 1: futures are lower by a hundred nine four points of
Speaker 1: the tenure, treasury up fourteen thirty seconds, the yield one
Speaker 1: point nine one yield on the two year one point
Speaker 1: five zero percent, the ruble down more than six percent
Speaker 1: at nine point nine to five to the dollar. You're
Speaker 1: listening to Bloomberg Daybreak Bloomberg eleven three oh weather, sunny, breezy,
Speaker 1: mid thirties. That's all we'll get to today. We'll be
Speaker 1: in the mid forties by tomorrow. High your fifty possible
Speaker 1: by Wednesday. Right now, seven degrees under a clear sky
Speaker 1: in central part markets headlines and breaking news twenty four
Speaker 1: hours a day at Bloomberg dot Com, the Bloomberg Business
Speaker 1: at and at Bloomberg Quick Tape. This is a Bloomberg
Speaker 1: Business Flash and I'm Karin Moscow and futures are lower.
Speaker 1: This morning we get to the First Word Breaking news
Speaker 1: desk for today's morning call. Here's vil Maloney Bill. Good morning, Hey,
Speaker 1: good morning, Karen. That's right. US hugues are plunging after
Speaker 1: Friday's gain with Douff. You just currently down four hundred
Speaker 1: forty one points, SBS drop sixty five, NASA FUS just
Speaker 1: lowered by two hundred and six the US ten yeld
Speaker 1: at one, Gold is up seventeen, Oil trading higher, and
Speaker 1: Bitcoin gains by two percent Upan markets are also under pressure,
Speaker 1: led by three percent losses in France and back in
Speaker 1: the US. On the Economic Funday thirty wholesale inventories and
Speaker 1: at nine five Chicago p m I and deal News
Speaker 1: t D to buy First Horizon for twenty five hours
Speaker 1: to share and wrapping things up. Foot Locker was cuting
Speaker 1: untral over at Create, sweetz Balle's cut to hold at Jeffreys,
Speaker 1: and Abby was cutting Neutral over at UBS. Live from
Speaker 1: the first Breaking News Stats com Bill Maloney, Karen, all right, Bill,
Speaker 1: thank you to hear live breaking news over your Bloomberg tipe.
Speaker 1: Squawk on your terminal. I'll ask you you a w K.
Speaker 1: That's a Bloomberg business flash. Now here's Michael Barrow with
Speaker 1: more on what's going on around the world. Michael, Karen,
Speaker 1: thank you very much. And ukraining and delegation, led by
Speaker 1: its Defense minister arrived at the border with Belarus for
Speaker 1: talks with Russian officials. Ukrainian President z Lensky has voiced
Speaker 1: skepticism that it will yield results, but said he's rolling
Speaker 1: to try. Toyota says it is suspending production at all
Speaker 1: twenty eight lines of its fourteen plants in Japan because
Speaker 1: of a system malfunction at a domestic supplier. Japan's top
Speaker 1: alltomaker apologize for any inconvenient cause to customers. Toyota and
Speaker 1: other automakers already are grappling with shortages of computer chips
Speaker 1: and other parts. In the NBA, the Knicks and Celtics
Speaker 1: and Warriors lost in the NHL. The Islanders won, the
Speaker 1: Rangers lost. Global news twenty four hours a day on
Speaker 1: air and on Bloomberg Quick Take, powered by more than
Speaker 1: twenty seven hundred journalists and analysts more than a d
Speaker 1: twenty countries. Michael bar this is Bloomberg, Karen, Sorry, Michael Barr,
Speaker 1: thank you. It is coming up to sixty nine on
Speaker 1: Wall Street, and we turned to news and science and
Speaker 1: technology now with the Bloomberg and j I T Stemm
Speaker 1: Report brought to you buy New Jersey Institute of Technology
Speaker 1: and j I Team Infrastructure Ready graduates from civil engineers
Speaker 1: to transportation specialists. If it's infrastructure, and j I T
Speaker 1: grads are building it more at n j I T
Speaker 1: dot e DU now here's just making news and science, technology, engineering,
Speaker 1: and math. Coronavirus restrictions in New York will be scaled
Speaker 1: back in the coming days. Indoor school mask mandates will
Speaker 1: be ended, so will requirements to show proof of vaccination
Speaker 1: in New York City restaurants, gyms, and other venues. Daily
Speaker 1: cases are plunged from more than ninety thousand statewide in
Speaker 1: January to less than seventeen hundred on Sunday in Hong Kong.
Speaker 1: The government is being forced to move away from the
Speaker 1: key pillars of its strict COVID zero policy. A sergain
Speaker 1: new cases have overwhelmed the healthcare system. Patients with mild
Speaker 1: cases are no longer sent to hospital or isolation facilities
Speaker 1: because there's no space. A group of scientists has found
Speaker 1: that a forest pest that the devil's main residents and
Speaker 1: tourists with hairs that cause an itchy rash, appears to
Speaker 1: be spreading due to warming temperatures. The growth and spread
Speaker 1: of the moth is tied to increasing the warm weather,
Speaker 1: especially in the fall. And scientists wrote recently in the
Speaker 1: journal Environmental Entomology and unfortunately they say climate trend suggest
Speaker 1: upcoming years could be even worse. That's a Bloomberg n
Speaker 1: g I t STEM report. Nathan oh Boy, Thank you, Karen.
Speaker 1: We are live from the Bloomberg Interactive Broker Studios where
Speaker 1: it's six fifty on Wall Street. Time now to check
Speaker 1: what's going on in DC. As Ukrainian and Russian delegations
Speaker 1: meet and Belarus prepares to send troops into the war
Speaker 1: in Ukraine, Russian President Vladimir Putin put his nuclear forces
Speaker 1: on high alert over the weekend. US Ambassador to the
Speaker 1: United Nations Linda Thomas Greenfield tell CBSS Face the Nation
Speaker 1: She's not surprised Putin has tried every means possible uh
Speaker 1: to uh actually put fear uh in in the world
Speaker 1: in terms of his action, and it just means that
Speaker 1: we have to ramp up our efforts here at the
Speaker 1: United Nations and elsewhere to hold him accountable. And those
Speaker 1: efforts are ramping up with Russia's central bank now under
Speaker 1: sanctions and many private banks off the swift financial network.
Speaker 1: Republican Congresswoman Liz Cheney tells Face the Nation the next
Speaker 1: target should be Russia's oil and gas. The United States
Speaker 1: ought to be looking at ourselves, frankly, as an arsenal
Speaker 1: of energy for the world in a way that in
Speaker 1: World War Two we were an arsenal of democracy. We
Speaker 1: ought to be an arsenal of energy. So we ought
Speaker 1: to be unleashing our own uh energy resources, our own
Speaker 1: energy production. We got to stop the imports of Russian
Speaker 1: oils United States. All this as President Biden prepares for
Speaker 1: his first State of the Union address tomorrow night. White
Speaker 1: House Press Secretary Jenski tells ABC's this week, leaders lead
Speaker 1: during crisis. That's exactly what President Biden is doing. He'll
Speaker 1: speak to that, but he's also going to speak about
Speaker 1: his optimism about what's ahead and what we all have
Speaker 1: to look forward to this week and face the nation.
Speaker 1: Can be heard every Sunday on Bloomberg Radio. For more,
Speaker 1: We're joined by Bloomberg Government reporter Emily Wilkins as we
Speaker 1: continue to watch developments between the Ukrainian and Russian delegations
Speaker 1: along the Belarusian border. Emily, what is happening in wash Ington?
Speaker 1: What more diplomacy is happening there? So I think obviously
Speaker 1: Washington is watching the developments very closely away whether additional
Speaker 1: stactions might be needed in addition to those added this weekend,
Speaker 1: notably those on Swift, which initially Biden had said was
Speaker 1: going to be off the table UH and then kind
Speaker 1: of said, you know, hey, we are now We're waiting
Speaker 1: for our European allies UH to come to agree with
Speaker 1: us on this. And I think the Swift going into
Speaker 1: place really shows just how much this conflict has escalated. UM.
Speaker 1: Congress is getting back this week, which means we could
Speaker 1: see lawmakers resumed discussions on another package of sanctions. But
Speaker 1: I think at this point where more UH interest is
Speaker 1: in is in what needs to be given to Ukraine
Speaker 1: in terms of defense. In terms of humanitarian aid, we
Speaker 1: saw over the weekend that Congress the US did announced
Speaker 1: fifty four million dollars in humanitarian aid to Ukraine. But
Speaker 1: we know that in the past week long makers have
Speaker 1: floated numbers as big as ten billion dollars in a
Speaker 1: between humanitarian and defense. So I think that's going to
Speaker 1: be something to watch this week. In addition of course
Speaker 1: Biden State of the Union address. Um, you know, there
Speaker 1: are a number of things that the President wants to
Speaker 1: cover in terms of going forward with different social and
Speaker 1: economic plans, the few future and fate of his Build
Speaker 1: Back Better package. But really right now that this Russia
Speaker 1: invasion has really sort of consumed everything UH in terms
Speaker 1: of immediate priorities for Congress and for the White House,
Speaker 1: now you have to think that there's been some kind
Speaker 1: of reframing of the direction of the State of the
Speaker 1: Union address given all these global geopolitical events. At the
Speaker 1: same time, as you know, the President's approval ratings are
Speaker 1: seeming to go lower and lower. Is there a feeling
Speaker 1: at the White House that the State of the Union
Speaker 1: is still away for the president to sort of turn
Speaker 1: his political fortunes around, even as all these out side
Speaker 1: events continue to reshape and redirect his presidency. I mean absolutely,
Speaker 1: I think the White House does realize that, even though
Speaker 1: there's so much else going on, that the State of
Speaker 1: the Union is still a major speech, a major moment.
Speaker 1: It gets lots of coverage. Bloomberg of course will be
Speaker 1: covering it um but it is still an opportunity for
Speaker 1: a Biden to kind of shift the message. And we
Speaker 1: have seen some message changes coming from the White House
Speaker 1: as far as really pivoting from trying to sell lawmakers
Speaker 1: on additional funding plans to sort of talking a bit
Speaker 1: about what the White House has done, what they have accomplished.
Speaker 1: This is something I've heard even from Democratic lawmakers who
Speaker 1: say that Democrats don't always do a great job messaging
Speaker 1: what they have done. There is a sense out there
Speaker 1: that Democrats haven't accomplished a lot, even though they passed
Speaker 1: COVID relief, even though they passed an infrastructure bill. Uh.
Speaker 1: And I think there's a sense among the Biden administration
Speaker 1: as well as Democrats that the next several months leaving
Speaker 1: up to the mid terms need to be spent reminding
Speaker 1: Americans what the administration has done in its first year.
Speaker 1: Tell me about thirty seconds left here, Emily, what are
Speaker 1: you gonna be watching for from the White House today?
Speaker 1: As President Biden gets ready to hold more meetings with
Speaker 1: his counterparts. I think the we're looking for any sort
Speaker 1: of request from the White House to Congress as far
Speaker 1: as what they want. A lot of the times you'll
Speaker 1: see these requests for funding originate with the White House
Speaker 1: and with Biden, and then you'll see lawmakers and Congress
Speaker 1: be able to quickly respond to those. So I think
Speaker 1: that's the number one thing to keep an eye out
Speaker 1: for today. All right, So we're watching to see if
Speaker 1: any more movement for Ukraine, any more support for Ukraine
Speaker 1: is still on the table. Bloomberg Government reporter Emily Wilkins
Speaker 1: with us from Washington, d C. You can read much
Speaker 1: more on what's happening in the war in Ukraine on
Speaker 1: Bloomberg dot com or on the Bloomberg terminal. Listen to
Speaker 1: Bloomberg Radio in Washington Bloomberg and one oh five point
Speaker 1: seven FM HD two. Karen, alright, thanks Nathan, It is
Speaker 1: six fifty six on Wall Street. This is Bloomberg daybreak
Speaker 1: in February is Black History Month, and every day this
Speaker 1: month we are celebrating significant moments in US black history.
Speaker 1: Now if your installment for February twenty eight, here as
Speaker 1: Sploomberg Trinty too Young on this day in Black History.
Speaker 1: In nineteen eighty four, Michael Jackson wins an unprecedented eight
Speaker 1: Grammy Awards, including Album of the Year for Thriller and
Speaker 1: Record of the Year for beat It. To date, that's
Speaker 1: the most number of Grammys one in a single night,
Speaker 1: several other hits and awards. Later in seven, Jackson was
Speaker 1: included in the Rock and Roll Hall of Fame for
Speaker 1: the first time as part of the Jackson Five with
Speaker 1: his brothers, and later inducted as a solo artist in
Speaker 1: two thousand one. In two thousand and six, the King
Speaker 1: of Pop was named by Guinness World Records as the
Speaker 1: most successful entertainer of all time. Three years later, in
Speaker 1: the week following his death, Jackson became the first artist
Speaker 1: to sell more than one million digital tracks in one
Speaker 1: week two point six million tracks to be exact, and
Speaker 1: in fourteen, yet another posthumous record, Jackson became the first
Speaker 1: artist in history to score a top ten hit on
Speaker 1: the Billboard Hot one hundred in five different decades. That's
Speaker 1: to dame black history. I'm Nita Young, Bloomberg Radio. All right,
Speaker 1: Ni to thank you. Another deal to tell you about
Speaker 1: Healthcare Realty and Healthcare Trust of America agreeing to combine
Speaker 1: in a stock in cash dividend deal worth seventeen point
Speaker 1: six billion dollars. In earlier, t D said it's going
Speaker 1: to buy first to Rizon for twenty five dollars to
Speaker 1: share again. Futures are lower this morning, falling even es
Speaker 1: and P futures down sixty points, but they are off
Speaker 1: their lows in the morning. Now futures down four hundred eleven.
Speaker 1: Nasday futures down one hundred eighty and Bloomberg surveillance is
Speaker 1: straight ahead for Nathan Hagar on kmerin Moscow, And this
Speaker 1: is Bloomberg