Wednesday, January 10
Is this Bondageddon? First from Bloomberg and “Most Read” on the Terminal this morning: China May Halt Purchases of U.S. Treasuries (Bloomberg)
French President Emmanuel Macron wraps up his trip to China today where he called for a ‘rebalancing’ of Europe’s economic relationship with China…and sold a lot of planes to get it started. Five Key Moments from Macron’s Trip to China (Bloomberg)
Mike Bloomberg writes the opioid crisis is solvable. A Seven-Step Plan for Ending the Opioid Crisis: More Treatment. Stronger Oversight. And Above All, Bolder Leadership (Bloomberg View)
MiFID Surprise: Late yesterday, the European Securities and Markets Authority blamed incomplete data it received from trading venues for delaying dark trading caps. MiFID Dealt Blow by EU’s Surprise Delay of Dark-Trading Caps (Bloomberg)
P.T. Barnum with a Pulpit: How President Trump enjoyed yesterday’s episode of “The Trump Show,” playing the president he sometimes fantasizes being. The Other Trump (Axios)
Trump is going to see the little people in Davos. Who is coming to the party? What Will Donald Trump Find in Davos? (Bloomberg)
Cutting road traffic deaths and injuries by half could boost the economy and result in substantial long-term gains in developing countries — potentially adding 7 to 22 percent GDP per capita over 24 years in some countries, according to a new report released Tuesday by the World Bank and Bloomberg Philanthropies. Road Crashes Not Only Cost Lives, They Hurt Economic Growth, New Report Finds (Forbes)
If Mike was President we could do this everywhere: After a more aggressive power-restoration plan was recommended by logistics experts brought in by Bloomberg Philanthropies, power has been restored to the U.S. Virgin Islands. Power is Restored to Most of U.S. Virgin Islands After Hurricanes, Officials Say (New York Times)
U.S. Virgin Islands Governor Kenneth Mapp tapped Tom Secunda to help chart the territory’s long-term recovery with a special focus on making infrastructure, homes and businesses more resilient to future storms and other natural disasters. Mapp Appoints Bloomberg LP Co-Founder to Hurricane Recovery Committee (St. Thomas Source)
Best of Late Night – Colbert Edition:
“We all know geniuses spend most of their time talking about how smart they are. I believe it was Rene Descartes who said, ‘I think, therefore I am, like, really smart.’” — Stephen Colbert
“Today, Donald Trump held a bipartisan meeting on immigration reform focused mainly on reforming our policy of having immigrants. The stakes are high. If the two sides can’t find a compromise, the federal government is going to shutdown on January 20. Or as historians call it, one year too late.” — Stephen Colbert