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Chapter 1: What is the main topic discussed in this episode?
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News when you want it with Bloomberg News Now, I'm Doug Krisner. Some European leaders are taking a stand against President Trump's threat of new tariffs. Now, Trump announced a new 10% levy on eight EU countries opposed to his plans to seize Greenland. In response, French President Emmanuel Macron intends to request the activation of the EU's strongest trade countermeasure.
However, German Chancellor Friedrich Merz is trying to persuade Macron to tone down his response. At the same time, UK Prime Minister Keir Starmer criticised Trump's move.
Alliances endure because they're built on respect and partnership, not pressure. That is why I said the use of tariffs against allies is completely wrong. It is not the right way to resolve differences within an alliance.
That is British Prime Minister Keir Starmer. Meantime, the managing director of the IMF, Kristalina Georgieva, says it's too early to assess the impact of a potential new trade war between Europe and the US.
Too early to say what exactly the impacts of new trade tensions is, but we know that when we have more uncertainty, bet for business, bet for households. The best way forward find a path to agreement. And that is going to be good for everybody, everywhere.
Kristalina Georgieva, the managing director of the IMF, speaking to Bloomberg from the sidelines of the World Economic Forum in Davos. We go to Spain next, where more than three dozen people were killed when a high-speed train derailed and hit another train coming from the opposite direction.
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Chapter 2: What are the latest tariff threats from EU leaders?
Cameron Dawson is Chief Investment Officer at New Edge Wealth.
Now that we're in 4Q, you have seen earnings estimates get raised over the course of the last six months, and that is also the same for 2026. 2026 earnings estimates have been getting ratcheted higher over the last six months, and they're now sitting at $310 a share.
This week we hear from Capital One, Netflix, Intel, United Airlines, 3M, and Johnson & Johnson.
Chapter 3: How are European leaders responding to Trump's tariff announcements?
In New York, Charlie Pellett, Bloomberg Radio.
MLK Day celebrations took place around the U.S. today to honor the life and legacy of Dr. Martin Luther King Jr. Today, King's youngest daughter, Bernice, gave an address in observance of the national holiday.
we are living in a moral crisis not symbolic but so deep our humanity is at stake that is bernice king the justice department is reportedly considering loosening gun regulations as a way of gaining support from gun advocates for the second amendment the washington post reports the doj is considering easing restrictions on private gun sales and loosening regulations around shipping firearms.
These changes will also address the types of firearms that can be imported. Now, gun rights groups have previously criticized Attorney General Pam Bondi for not being aggressive enough in easing firearm restrictions. In sports, the Buffalo Bills fired head coach Sean McDermott after a nine-year tenure.
This move came two days after the Bills lost to the Denver Broncos 33-30 in the divisional round of the NFL playoffs. And that is news when you want it. With Bloomberg News Now, I'm Doug Krisner and this is Bloomberg.
At Davos, the world's leaders, thinkers, and innovators come to talk behind closed doors. But at Bloomberg House, they take their message to the world. Our journalists and headline speakers will explore the ideas reshaping our world, from AI's accelerating impact, shifting markets, and the future of work, to sustainability and the transformation's redefining economies. Don't miss it.
Join us in person or register for the live stream. Visit BloombergLive.com forward slash Davos.
I'm Barry Ritholtz, inviting you to join me for the Masters in Business podcast. Every week, we bring you fascinating conversations with the people who shape markets, investing, and business. CEOs, fund managers, billionaires, Nobel laureates, traders, analysts, economists, everybody that affects what's going on in the market, whether you own stocks, bonds, real estate, commodities, crypto,
You really need to hear these conversations. Sometimes it's behaviorists like Dick Thaler or Bob Schiller. Sometimes it's fund managers like Peter Lynch, Bill Miller, Ray Dalio. Sometimes it's authors, Michael Lewis, author of The Big Short and Moneyball. Regardless of the conversation, these are the folks that move markets each week.
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