Speaker 1: News when you want it with Bloomberg News Now. I'm
Speaker 1: Doug Prisner. South Korea's Constitutional Court has dismissed the impeachment
Speaker 1: motion against Prime Minister Han Duksu, and Han has now
Speaker 1: been immediately restored to the acting presidency. You may recall
Speaker 1: back in late December, Han was suspended from office when
Speaker 1: he resisted pressure from the opposition party to immediately appoint
Speaker 1: three judges to the Constitutional Court. Interestingly, this decision comes
Speaker 1: right before the same court will decide on the impeachment
Speaker 1: of President Yunsukyol. Canadian Prime Minister Mark Karney has called
Speaker 1: an election for April twenty eighth, and polls are showing
Speaker 1: a close contest between his Liberal party and the Conservatives.
Speaker 1: Carney's election campaign has been dominated by President Trump's tariffs
Speaker 1: and the threat to make Canada a US state. Here
Speaker 1: is Carney speaking earlier with reporters. We needed to act
Speaker 1: to fix our economy.
Speaker 2: We needed to act to fight the Americans.
Speaker 3: We needed to act to deal with Donald Trump's tariffs.
Speaker 1: That was Canadian Prime Minister Mark Carney's speaking there. He
Speaker 1: will be facing off against Conservative leader Pierre Poliev. Both
Speaker 1: have promised tax cuts, although they do have different versions
Speaker 1: for Canada's economy and the relationship with the United States.
Speaker 1: Talks to end the war between Ukraine and Russia are underway.
Speaker 1: US and Ukrainian officials met in Riot on Sunday and
Speaker 1: on Monday, talks are expected between US and Russia. White
Speaker 1: House Middle East ENVOYE. Steve Whitcoff spoke earlier to Fox
Speaker 1: News Sunday.
Speaker 4: The agenda is stop the killing, stop the carnage. Let's
Speaker 4: end this thing. You can end things without communicating with
Speaker 4: both sides, understanding what each of them need, and then
Speaker 4: trying to bring them together.
Speaker 1: As Steve Whitcoff, speaking earlier on Fox News Sunday, now,
Speaker 1: US National Security Advisor Mike Waltz said that talks will
Speaker 1: focus on a potential Black Sea maritime ceasefire. It's unclear
Speaker 1: how far discussion will advance and whether more meetings will
Speaker 1: be scheduled or what concessions Russia is prepared to offer.
Speaker 1: Senate Minority Leader Chuck Schumer is firing back at his critics.
Speaker 1: We get the latest from Bloomberg Stan Schwartzmann.
Speaker 3: Schumer said he would not step down as minority leader,
Speaker 3: despite calls from some Senate Democrats that he do so
Speaker 3: after ending a blockade against the Republican spending plan to
Speaker 3: keep the government from shutting down. On NBC's Meet the Press,
Speaker 3: Schumer said he did so because a shutdown would have
Speaker 3: handed President Trump an opportunity to quote eviscerate the government.
Speaker 3: The minority leader also said he believed the American people
Speaker 3: would rise up against Trump if he defied courts that
Speaker 3: challenged his policies. Dan Schwartzman Bloomberg Radio.
Speaker 1: Wall Straight is looking ahead to key economic releases on
Speaker 1: inflation and global manufacturing, along with a smattering of earnings.
Speaker 1: We have more from Bloomberg's Charlie Pellett.
Speaker 5: Investors are grappling with weaker than estimated outlooks from Bellweathers
Speaker 5: across a range of industries amid looming tariffs. Kate Moore
Speaker 5: is chief Investment Officer for City Wealth at Citygroup Global Markets.
Speaker 6: One of the things I'm worried about and slash watching
Speaker 6: as we go into this next earning season is not
Speaker 6: just whether or not companies take down their guidance, but
Speaker 6: whether or not they pull guidance altogether.
Speaker 5: Among the company's schedule to report this week, Lulu Lemon
Speaker 5: and paychecks in New York Charlie Pellett Bloomberg Radio.
Speaker 1: Congress is back, and one of the items on the
Speaker 1: agenda this week the next steps for abolishing the Department
Speaker 1: of Education. Here's Bloomberg's Amy Morris from Washington.
Speaker 2: Republicans have long pushed for a Holy State led approach
Speaker 2: to education, but passing a lot of clothes the agency
Speaker 2: would require many swing district GOP lawmakers in the House
Speaker 2: to take a politically risky position. Sixty House Republicans voted
Speaker 2: last year against an amendment that would have terminated major
Speaker 2: functions of the department. Even if Speaker Mike Johnson does
Speaker 2: pull out a GOP only vote to shutter the department,
Speaker 2: the Senate could still be a roadblock. Even as lawsuits
Speaker 2: are pending from teachers and parents and state officials. The
Speaker 2: administration has already laid off nearly half the workforce through
Speaker 2: executive action. In Washington, Amymorris Bloomberg Radio.
Speaker 1: A US Republican senator says that Beijing needs to take
Speaker 1: action on stopping the flow of fentanyl precursors to the
Speaker 1: US before talks can happen on trade. Senator Steve Danes
Speaker 1: of Montana met recently with leaders in China, including Premier
Speaker 1: Lee Chung Danes told Bloomberg, China understands the US is
Speaker 1: requesting not to just slow but to stop the flow
Speaker 1: of fentanyl precursors to the US. Here is Danes speaking
Speaker 1: exclusively to Bloomberg.
Speaker 7: That it'll be difficult to have any conversation about tariffs and
Speaker 7: non tariff barriers until the FEMO precursor issue is resolved.
Speaker 7: President trump position was heard loud and clear, and the
Speaker 7: Chinese received that. They understood it, and we're hopeful that
Speaker 7: we'll see decisive actions taken to stop the flow these precursors.
Speaker 1: That was Montana GOP Senator Steve Daines speaking earlier to Bloomberg. Now,
Speaker 1: the next step will be conversations between the two administrations
Speaker 1: and a potential meeting between Chinese President Chi and President
Speaker 1: Trump before the end of the year. And that is
Speaker 1: news when you want it with Bloomberg News. Now, I'm
Speaker 1: Doug Prisoner, and this is Bloomberg