Bloomberg Surveillance: Powel Speaks and Ukraine Aid
Feb 5, 2024
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Guests include Jennifer Lee from BMO Capital Markets, discussing markets; Mick Mulroy, former CIA paramilitary officer, on geopolitical tensions in the Middle East, Ukraine, and China; and Lori Calvasina from RBC Capital Markets, discussing market movements and investing opportunities. Topics covered include the Federal Reserve's stance on interest rates, market impact of Jay Powell's speech, risks in the Middle East, geopolitics and market performance, job cuts and expanding margins, and UK banks used by Iran to evade sanctions.
Lloyd's and Santander UK violated US sanctions by providing accounts to British front companies secretly owned by a sanctioned Iranian petrochemicals company.
Conflicts arise among family members due to shared music accounts on platforms like Spotify, highlighting the limitations of simultaneous streaming on shared accounts.
Deep dives
Major UK banks implicated in evading Iranian sanctions
Documents reveal that Lloyd's and Santander UK provided accounts to British front companies secretly owned by a sanctioned Iranian petrochemicals company, violating US sanctions since 2018.
Shared music accounts causing family battles
Shared music accounts on platforms like Spotify are causing conflicts among family members as one person's choice of music interrupts and overrides another's. This issue has highlighted the limitations of simultaneous streaming on shared accounts.
Sitting for long periods increases risk of early death
Research shows that people who spend most of their work time sitting are 16% more likely to die earlier than those who don't sit as much. The risk of cardiovascular disease is 34% higher for those who sit for extended periods. Implementing standing desks, taking regular breaks, and adding leisure time physical activity are recommended to counteract the negative effects of sitting.
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Surveillance hosted by Tom Keene and Paul SweeneyMonday February 5th, 2024 Featuring:
Jennifer Lee, Senior Economist and Managing Director with BMO Capital Markets, on markets
Mick Mulroy, co-founder of the Lobo Institute, former CIA paramilitary officer, and marine, joins to discuss geopolitical tensions in the Middle East, Ukraine, and China
Lori Calvasina, Head of US Equity Strategy · RBC Capital Markets, on markets
Bloomberg's Lisa Mateo with her Newspaper Headlines