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Bloomberg Surveillance

Surveillance: The Unilateral Trade Road With CFR's Alden

Bloomberg Surveillance

Bloomberg

Investing, Business News, News, Business

3.81.2K Ratings

🗓️ 5 December 2019

⏱️ 29 minutes

🧾️ Download transcript

Summary

Roger Diwan, IHS Markit Vice President of Financial Services, says it is not clear how much ability other OPEC countries will have to follow Saudi Arabia's oil supply cuts. Luigi Zingales, University of Chicago Booth School Finance Professor, discusses the fundamental difference between climate change and climate risk for banking. Anat Admati, Stanford Finance Professor, says problems plaguing democracy and capitalism are rooted between corporations and governments. And Ted Alden, CFR Senior Fellow, says we have gone "far down" a unilateral trade road with this administration.

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Transcript

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0:00.0

On December 4th and 5th, against the backdrop of the United Nations Climate Change Conference,

0:05.2

Bloomberg Green will convene the foremost leaders in business, finance, policy, academia,

0:10.3

and NGOs for candid conversations focused on creating solutions to support

0:14.9

the goals set forth at COP28. Join our community of global influencers and

0:19.5

problem solvers in Dubai to build connections, inspire innovation, and challenge the status quo in the

0:25.1

battle against climate change. Register at Bloomberg Live. I'm Tom Keene.

0:43.5

Daily, we bring you insight from the best

0:45.9

in economics, finance, investment,

0:48.1

and international relations.

0:49.8

Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com. I'm

0:55.0

and

1:00.0

Bumberg.com and of course on the Bloomberg.

0:57.0

Roger D.1 joining us now, IHS market VP of financial services

1:01.0

he joins us from Vienna. Roger, great to have you with us on the

1:04.2

program walk me through the politics of this one who's pushing for what and who will

1:09.6

ultimately get what they want to see? Well, the part is always difficult to navigate here in here now,

1:16.0

but it appears that there is some willingness to at least on paper

1:22.0

deepen the cuts they already have

1:25.0

to be able to continue to provide a floor to oil prices.

1:29.0

I look Roger at the the breakup of the cartel, Saudi dominant, Iraq

1:39.0

dominant, Abu Dhabi dominant, and then a lot of small players. How Kartelli is this

1:46.0

Vienna meeting? Well it's not very Kartelli because the Iraqi minister is

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