Speaker 1: Global business news twenty four hours a day. If Bloomberg
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Speaker 1: This is a Bloomberg Business Flash and I'm Karen Moscow.
Speaker 1: US stock index Future is moving lower following the explosions
Speaker 1: in Brussels. Let's go to the First Word breaking news
Speaker 1: desk for today's morning call. Here's Bill Maloney. Good morning Bill,
Speaker 1: Good morning Karen. That's right. US futures are lower in
Speaker 1: the wake of the Brussels attacks. Doubt Future is currently
Speaker 1: lower by fifty eight points, says Bees dropped nine and
Speaker 1: a half and AzaC futures declined by twenty two and
Speaker 1: a half. He was ten Yield at one point eight
Speaker 1: nine per cent, and in Europe, Spain, in Italy each
Speaker 1: drop one per cent. On the US economic front at
Speaker 1: nine o'clock House Price in Decks at Market US Manufacturing
Speaker 1: p m I and at ten o'clock Richmond fed after
Speaker 1: de Bellas night matches from your at just EPs few
Speaker 1: trailed lowest estimates. Finally, some of your Wall Street upgrades
Speaker 1: and downgrades. Yahoo cut the neutral over at City Group,
Speaker 1: Scott's miracle growth cuts the neutral at Hate Morgan when
Speaker 1: resorts raised to overweight at Morgan Stanley, at Raymond James
Speaker 1: Chevron cut to market perform, Amazon cut to outperform, and
Speaker 1: finally Zillo raised outperform at RBC Live in the first
Speaker 1: Breaking News dascom, Bill Maloney Karen her thanks Bill to
Speaker 1: hear live breaking news over your Bloomberg type squawk and
Speaker 1: go on your terminal, and that's the Bloomberg business flash.
Speaker 1: Tom and Mike Karen, thanks so much. Bloomberg Surveillance. This
Speaker 1: morning has always brought you by Investco. Investing isn't about
Speaker 1: meeting benchmarks, It's about achieving goals. Find out how invest
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Speaker 1: slash high Conviction. Michael A headline there under Belgium. Folks,
Speaker 1: that headlines that Mike and I get in are truly worldwide.
Speaker 1: We sort through them for the quality headlines. The train
Speaker 1: that you mentioned to the Netherlands, Uh, nothing suspicious found. Yeah,
Speaker 1: the train that was stopped at Hooftorf in Holland was
Speaker 1: searched but police found nothing. It had come from Brussels.
Speaker 1: Will keep you abreast to the headlines. Are Michael Barr
Speaker 1: with further reports worldwide. Bloomberg Radio andres cores with us.
Speaker 1: We're thrilled to bring him to you. What a great
Speaker 1: set of guests this morning, with people that have really
Speaker 1: thought long and hard about this honders. How wide does
Speaker 1: the Atlantic Ocean? It's over there, over there, It's it's
Speaker 1: over there, and you know, I, you know, I think
Speaker 1: of you know, on this morning of tragedy, the immense
Speaker 1: comedy of my childhood, and the Russians are coming. The
Speaker 1: Russians are coming, and the submarines off of Cape Con
Speaker 1: and it's you know, Carl Reiner and the rest of
Speaker 1: them with emergency emergency. There is the lightness within this tragedy.
Speaker 1: But seriously, how wide is the Atlantic Ocean? Well, today
Speaker 1: I think the Atlantic Ocean is paper. Then I think
Speaker 1: Americans and New Yorkers are feeling in solidarity with people
Speaker 1: of Belgium. I know Paris is feeling the same way.
Speaker 1: They're gonna light up the Eiffel Tower in the Belgian
Speaker 1: flag tonight, and I think all our hearts go out
Speaker 1: to Belgium. I think we're all feeling as one right now.
Speaker 1: We we we let's get right of this. So we
Speaker 1: we were talking off the during the break here that
Speaker 1: we approached this all wrong. That politicians standing up and
Speaker 1: demanding we go to war, that we attack, drop bombs,
Speaker 1: that sort of thing is not going to stop this. Yeah. Well,
Speaker 1: I mean what you see is French President Um saying
Speaker 1: that he's at war and he's ready. He's you know
Speaker 1: last time when when Headdow happened, he he attacked you know,
Speaker 1: with Mirage Plains and he attacked in Syrian Iraq. And
Speaker 1: I think that unfortunately, that's that's not really the the
Speaker 1: approach to take here. The approach is really to really think,
Speaker 1: how can we find these terrorists that are in our midst?
Speaker 1: I mean, we knew that these guys were in malin
Speaker 1: Broke whatever it's called from. Is there a model from
Speaker 1: the French resistance? Is there a model from you know,
Speaker 1: the courage that we saw on World War two or
Speaker 1: onward of infil trading to infiltrate and figure out these networks,
Speaker 1: and we need to get them before they get up
Speaker 1: apply We don't. Apple is keeping their phones locked up.
Speaker 1: We can't get into those even it's a terrorist phone,
Speaker 1: We the US government can't get into that phone. Right.
Speaker 1: We need a law that says the US government can
Speaker 1: access the phones of terrorists. It's very simple. That's the
Speaker 1: key issue here though, I mean the whole apple issue,
Speaker 1: the whole issue of how you deal with infiltrating terrorists,
Speaker 1: so spying on people. Uh, you've you've got to balance
Speaker 1: civil liberties with at where do you draw the line?
Speaker 1: How do you know where the line even is? Well,
Speaker 1: I think everyone draws the line differently for themselves, depending
Speaker 1: on their own perception of the government. My own perception
Speaker 1: of the U. S Government is that it's here to
Speaker 1: protect us. It's a democracy unlike many countries in the world,
Speaker 1: and it's trying its best to protect us. The people
Speaker 1: that are in the US government are working very hard
Speaker 1: to find those terrorists, but a lot of the laws
Speaker 1: that we have now really hog tie them and make
Speaker 1: it very difficult for them to do it. Today's attack
Speaker 1: could easily have been in New York, in d C, Chicago,
Speaker 1: l A. Is that distinction the width of the Atlantic? Yes,
Speaker 1: it's just that simple. It hasn't happened since uh nine
Speaker 1: eleven here in the US. Do we have better security here?
Speaker 1: I think we probably have better security right now. Also, um,
Speaker 1: I mean Europe is dealing with an influx of pull
Speaker 1: right now. Some of whom may be isis. But you know,
Speaker 1: we take we're very very careful about who we let
Speaker 1: into the United States as far as refugees were letting
Speaker 1: in a much smaller percentage um. But that but keeping
Speaker 1: refugees out is actually the wrong approach. Well, then what
Speaker 1: is the right approach to create knowledge about people that
Speaker 1: choose to harm us. We've got to allow and enable
Speaker 1: our government to protect us. And that doesn't mean putting
Speaker 1: a few policemen at subway station. It means allowing them
Speaker 1: to access the technology that they need to look into
Speaker 1: and find the terrorists through their emails. Were out of
Speaker 1: phone calls. This is critical, We're out of time. But
Speaker 1: the distinction you place a political is we need a
Speaker 1: technocratic solution, a technology solution. Yeah, this course, thank you
Speaker 1: so much. On short notice. Today he's with Core Analytics.
Speaker 1: I provides his perspective on international relations and also the
Speaker 1: defense matters of the United States. Mike, do you see
Speaker 1: any new headlines? But we should well. President Delande, after
Speaker 1: saying we are at war in his addressed to the
Speaker 1: French people, says France will take all measures to guarantee safety.
Speaker 1: He's trying to reassure investors that the security environment is safe.
Speaker 1: According to Rebecca Christie, a reporter in Paris and again
Speaker 1: a headline out here this twenty minutes ago, the New
Speaker 1: York Police Department no known indication Belgium attack has any
Speaker 1: nexus to New York City. Michael McKee and Tom King
Speaker 1: from our World headquarters in New York, Bloomberg Surveillance coming
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