Anything Against the Norm Bad for Markets, Says Armstrong
The U.K. vote to leave the EU has already led to Prime Minister David Cameron announcing his resignation Friday after his failure to persuade the nation to stay in the European Union. The result sent the pound to its lowest level against the dollar since 1985 and prompted Scottish National Party leader Nicola Sturgeon to raise the prospect of a second independence referendum for Scotland. Plurimi Wealth CIO Patrick Armstrong discusses the Brexit implications with Bloomberg's Anna Edwards on "Countdown."
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China's Belt and Road Initiative and Global Commerce
30:13 - Cui Tiankai, China's ambassador to the U.S., Lucy Peng, Ant Financial executive chairman, Vijay Shekhar Sharma, Paytm founder and CEO, and Zhang Xiaoqiang, executive vice chairman and CEO of the China Center for International Economic Exchanges, discuss the impact of the Belt and Road Initiative with South China Morning Post Editor-in-Chief Tammy Tam at the Bloomberg Global Business Forum at The Plaza Hotel in New York City. (Source: Bloomberg)