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Speaker 1: Broadcasting live to New York, Gloomberg to Washington, d C,

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Speaker 1: Bloomberg to Boston, Bloomberg twelve on to San Francisco, Bloomberg

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Speaker 1: to the country. Sees at DAMN Channel one ninety and

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Speaker 1: around the globe the Bloomberg Radio plus Aben Bloomberg dot Com.

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Speaker 1: This is Bloomberg Surveillance. Good morning. It is eight thirty

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Speaker 1: on Wall Street. I'm Michael McKee along with Tom Keene.

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Speaker 1: Economic indicators brought to you by Commonwealth Financial Network. When

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Speaker 1: it's time to change the conversation, talk with a broker

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Speaker 1: dealer r I A that's ready to listen call eight

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Speaker 1: six six four six two three three eight or is

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Speaker 1: it Commonwealth dot com to learn more? No major ecademic

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Speaker 1: indicators todaytime. We do get the f h F A

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Speaker 1: House Price Index at nine at n Markets Version of

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Speaker 1: Manufacturing p m I, and then at ten o'clock the

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Speaker 1: Richmond Fed Manufacturing Index. All what you'd probably call tertiary

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Speaker 1: indexes tertiary day, but we're squeeze in a lot of data.

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Speaker 1: It's a good Friday doing. Yes, we've got new home

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Speaker 1: sales tomorrow that will get a lot of attention, and

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Speaker 1: of course you and I are going to be speaking

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Speaker 1: with St. Louis FED President James Bullard here on bloombergships.

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Speaker 1: And what is interesting about speaking with the President Bullard, Folks,

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Speaker 1: is not only is he always entertaining and knowledgeable, but

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Speaker 1: far more nuanced than maybe any other FED official. We

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Speaker 1: speak to Mike. What are the little whispers recently from

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Speaker 1: Mr Bullard that we've seen. Well, he's been concerned about

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Speaker 1: inflation expectations. We'll talk to him about that. They've started

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Speaker 1: to go up again with the rise in the CPI

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Speaker 1: and oil prices stabilizing. The latest headline the Prime Minister

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Speaker 1: of the United Kingdom says linking terror to Brexit debate

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Speaker 1: not appropriate that from David Cameron this morning. We are

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Speaker 1: trying to bring you expertise in perspective a little lack

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Speaker 1: of hysterea here over the Brussels attacks. We are thrilled

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Speaker 1: to bring you Robert Mugga. He is out of ox

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Speaker 1: word uh. He is the expert in the world an

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Speaker 1: urban violence. There is no other way to put it.

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Speaker 1: His resume is endless, whether it is Brazil, Kenya, Norway

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Speaker 1: or this morning, I might say, Brussels. Robert Mugga, good morning, Hi,

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Speaker 1: good morning. What do we do about neighborhoods if we

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Speaker 1: assume that poverty leads on to violence, and we assume

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Speaker 1: that good institutions want to diminish violence in those neighborhoods,

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Speaker 1: what's the Robert Mugga prescription? Well, I mean, I I

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Speaker 1: a little embarrassed. I can't say it's my description, but

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Speaker 1: I can drawn with a collective wisdom of law enforcement

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Speaker 1: experts and the doublement experts around the world, what seems

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Speaker 1: to be the consensus is that we need to focus

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Speaker 1: on hotspots, hot people, uh, and the known correlates of violence.

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Speaker 1: And there are a number of constant factors across time

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Speaker 1: and space we know are associated with the outbreak of

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Speaker 1: violence around the world. UM, And I think the key

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Speaker 1: point here is that in any given city, be at Brussels,

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Speaker 1: be at Paris, be at Washington, d C. Be it Rio,

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Speaker 1: you're gonna see specific areas where you have a higher

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Speaker 1: linklihood and risk of violence and specific kinds of people

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Speaker 1: who are likely to be perpetrators and victims. So we've

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Speaker 1: got to get smarter about how we interview the question

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Speaker 1: would be, there are the people who are carrying out

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Speaker 1: these kinds of attacks the same sort of people who

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Speaker 1: would be driven by poverty and anger. If it's coming

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Speaker 1: from a religious perspective, how do you deal with that?

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Speaker 1: I think that, I mean, I think that there's a

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Speaker 1: number of common parallels between different variations of extremism, be

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Speaker 1: it religious, be it gang related, uh you know, or

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Speaker 1: or or be it political um and often it's a

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Speaker 1: function of people feeling they don't belong to particular area, neighborhood, elective, oftensive,

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Speaker 1: function of people having short term horizons. There's no sense

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Speaker 1: that there's a clear employment prospect on the near horizon.

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Speaker 1: Oftenive sense that people come from broken families where you

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Speaker 1: don't have skilled parents as parents, or schools that are

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Speaker 1: looking out for those warning signs. So I think that

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Speaker 1: although you do have at a sort of middle management level,

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Speaker 1: he will uh you know, people from the elite or

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Speaker 1: middle class who often kind some of these large terrorist texts.

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Speaker 1: The factors that shape and condition people resort to these

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Speaker 1: kinds of extremists front of violence are often the same.

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Speaker 1: You've had the courage to go beyond the usual international

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Speaker 1: relations junket of he throwed a JFK to Dulls or

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Speaker 1: Reagan or whatever. The normal flight patterns are your book

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Speaker 1: No refuge the crisis of refugee militarization in Africa. Does

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Speaker 1: the rest of the world do they feel engaged with

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Speaker 1: the terror of Brussels or Paris or is it a

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Speaker 1: removed world of the developed nations. It's a really good question,

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Speaker 1: and I think the first point to perhaps stress is

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Speaker 1: that the vast majority of so called parist attacks or

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Speaker 1: extremest violence isn't happening in Western Europe or North America.

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Speaker 1: It's happening in the Middle East, is happening North Africa,

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Speaker 1: it's happening in suns of Haran Africa, it's happening in

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Speaker 1: parts of South Asia, and even frankly part of the

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Speaker 1: America's if you take into consideration extremist forms of gang violence,

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Speaker 1: which of course is a different kind of phenomena, and

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Speaker 1: so you know fully, if you take, for example, last

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Speaker 1: ten years in Europe, it's been about three and a

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Speaker 1: half thousand people killed in the course of extremest violence.

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Speaker 1: If you look at just Iraq over that same period,

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Speaker 1: he's got thirteen thousand people who've been killed in bombings

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Speaker 1: and explosions. So I think the first point to get

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Speaker 1: a bit of proportion um the second point answer questions specifically,

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Speaker 1: is is that absolutely, I think there is a sense

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Speaker 1: of unease anxiety over what's happening in Brussels or Paris

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Speaker 1: or London, because these are global centers of commerce, that

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Speaker 1: they're deeply symbolic in terms of our our networks of

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Speaker 1: trade and communications. Um. And so I think there is

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Speaker 1: a sense of unease, uh and and concerned because what

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Speaker 1: happens there has bricklaw effects virtually everywhere else. Let's continue

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Speaker 1: with Robert Mugo the Grape Institute. He comes to us

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Speaker 1: today from Brazil as we try to bring you true

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Speaker 1: experts on the international relations again, Michael Barrow along in

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Speaker 1: a moment and others worldwide on Bloomberg Radio with the

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Speaker 1: headlines out of Brussels. Bloomberg Surveillance this morning is always

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Speaker 1: brought to by Kona Resnec Accounting, Jack's advisory Disease opportunities

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Speaker 1: from the industry leading experts at Cone Resnec. Find out

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Speaker 1: how a cone Resnick dot com and we thank them

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Speaker 1: for their support. Is of exceptionally quiet Bloomberg screen this

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Speaker 1: morning A churn obviously and always but uh quiet We're

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Speaker 1: watching Sterling which continues to weaken. One nine. Prime Minister

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Speaker 1: Cameron with comments on Brexit moments ago. We'll give you

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Speaker 1: some color on that. Uh here in the mid futures

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Speaker 1: at negative eight down futures negative forties seven. We're with

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Speaker 1: Robert Muga. This hour of Surveillance brought to by Westchester Subaru.

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Speaker 1: Is it Westchester subaru dot com. Michael Barr has the

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Speaker 1: latest on the Brussels attack. Mike Tom, thank you very much.

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Speaker 1: Belgian federal prosecutor says one of the terror attacks in

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Speaker 1: Brussels today was probably the work of a suicide bomber.

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Speaker 1: The attacks at the airport and the subway left at

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Speaker 1: least twenty six people dead. Brussels has been locked down.

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Speaker 1: Security measures are also being taken in France as well.

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Speaker 1: Bloomberg's Jambscus is in Paris. I've deployed another one thousand,

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Speaker 1: six hundred police to protect the transportation sites across France. Now.

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Speaker 1: France has been in a high terror alert since November

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Speaker 1: when there was a series of attacks in Paris that

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Speaker 1: left a hundred thirty dead, and it did mean there's

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Speaker 1: really a link between these attacks in Brussels today. In

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Speaker 1: the attacks in Paris and November because they followed by

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Speaker 1: one day that the arrest of of the the of

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Speaker 1: of one of the members of the of the hit

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Speaker 1: teams that they were in Paris last November. In New York,

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Speaker 1: police have deployed to counter terrorism resources across the city.

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Speaker 1: President Barack Obama plans to speak out today against political

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Speaker 1: repression and economic deprivation during his speech in Cuba that

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Speaker 1: is to be broadcast on TV. Presidential contests take place

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Speaker 1: today for primary voters in Arizona and Utah for Republicans

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Speaker 1: and Democrats. Democrats were also holding Caucus and Idaho Global

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Speaker 1: News twenty four hours a day, powered by our two journalists.

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Speaker 1: I'm Michael Barr, Mike Tom Thank you my time now

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Speaker 1: for the Rankntaina Auto Group, Bloomberg NBC Sports Update with

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Speaker 1: John Stashi. Thanks my currency night for the Rangers. Not

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Speaker 1: only a four two and over Florida and the two

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Speaker 1: games a kid, but a go from Rick Nash, his

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Speaker 1: first of sixteen. He had been injured for two months.

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Speaker 1: My help to perform, and you know, things don't go

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Speaker 1: the way you want. It's frustrating, but eight weeks off

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Speaker 1: is a long time to be off. The ice the

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Speaker 1: way I kind of see. It's one game. I gotta

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Speaker 1: be consistent. I gotta put a string sharing of these

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Speaker 1: games together. Uh, you know, it's nice, nice to have

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Speaker 1: a good night, but more importantly the team one and

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Speaker 1: those are two huge points for us. Return about ten

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Speaker 1: days ago. It's the thirteenth goal. He scored forty two

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Speaker 1: last season. The Islanders slump continues. They had that great

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Speaker 1: road trip, but since winning seven of eight, they've lost

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Speaker 1: six of seven, four in a row. Beaten in Brooklyn

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Speaker 1: by Philadelphia four to one. Two nights after San Antonio's

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Speaker 1: big win over Golden State, the Spurs blew at twenty

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Speaker 1: three point late and lost at Charlotte. Jeremy Lynd scored

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Speaker 1: twenty nine for the Hornets, and the Warriors still haven't

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Speaker 1: had back to back losses. They won one O nine

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Speaker 1: one oh for at Minnesota. They are sixty three and seven.

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Speaker 1: Cleveland Blue passed Denver. Big night for Lebron James thirty

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Speaker 1: three points in the triple double seasons over for Monmouth,

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Speaker 1: finishing eight and eight after losing the n I T

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Speaker 1: to George Washington eight seven seventy one. The CEO of

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Speaker 1: the Tennis Tournament in Indian Wells has resigned. Raymond Moore

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Speaker 1: made headline Sunday saying women players right the coattails of

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Speaker 1: men and players like Roger Federer and Rapha Nadal had

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Speaker 1: carried the sport. Serena Williams and Billy Jane King were

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Speaker 1: among those to criticize more with the Bloomberg NBC Sports update.

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Speaker 1: I'm John Stash, John, thanks so much. I just put

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Speaker 1: out on Bloomberg Radio Plus, really markets not moving off

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Speaker 1: the terror attacks in Brussels. But I've changed my tune.

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Speaker 1: When the facts change, we change. At Bloomberg Surveillance. I

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Speaker 1: just put out a chart of Sterling. We've seem demonstrable

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Speaker 1: weakness over the last two days, one point six percent.

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Speaker 1: That chart out at Bloomberg Radio Plus with a new

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Speaker 1: leg down Prime Minister Cameron at eighty nine. The headline

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Speaker 1: comes across. Cameron says linking terror to Brexit debate not appropriate.

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Speaker 1: That has moved Sterling weaker, no question about that. Futures

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Speaker 1: negative nine down, futures negative fifty. We continue with our

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Speaker 1: coverage of our global and international relations. This is Bloomberg Surveillance.

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