This chapter discusses the current state of Pakistan's gas shortage and the challenges they face in purchasing LNG at high prices. It mentions the potential increase in gas curtailments as winter approaches and highlights the expensive spot market LNG purchases adding to Pakistan's debt in an election year.
Blomberg News Markets Reporter Abigail Doolittle and Blomberg News Rates Reporter Michael MacKenzie discuss Federal Reserve Chair Jerome Powell’s abrupt policy shift and how the Fed is impacting markets and the US economy. Maria Korsnick, CEO of the Nuclear Energy Institute, shares her takeaways from COP28 and how nuclear power can combat climate change. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Senior Energy Reporter Stephen Stapczynski talk about the Businessweek Magazine cover story How Traders Made a Fortune Switching Off a Nation's Gas Supply. And we Drive to the Close with Andrew Krei, Co-CIO of Crescent Grove Advisors.
Hosts: Tim Stenovec and Emily Graffeo. Producer: Paul Brennan.
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