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China's Yuan Hits 35-Month High As Dollar Keeps Falling
4:17
Bloomberg Television
China's Yuan Hits 35-Month High As Dollar Keeps Falling
Audrey Childe-Freeman, Chief FX Strategist at Bloomberg Intelligence, examines how tariff uncertainty is bleeding into currency markets. Volatile US tariff policy is accelerating efforts in Africa to reduce reliance on the dollar in trade settlements, with companies exploring greater use of China’s renminbi and local currencies, the head of pan-African lender Ecobank Transnational Inc. said. Despite comparatively low levels of trade with the US, Africa hasn’t been shielded from the fallout of White House tariff decisions, Chief Executive Officer Jeremy Awori said in an interview last week. Trade between the two was $83.4 billion in 2025, about 16% more than the previous year, according to US Census Bureau data. That pales in comparison with $315 billion of flows between the continent and China, according to estimates by Ecobank’s economists. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTech Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Feb 26, 2026
Iran Says Talks With US Were 'Very Intense and Serious'
6:42
Bloomberg Television
Iran Says Talks With US Were 'Very Intense and Serious'
Jonathan Tirone, Bloomberg News Nuclear Correspondent, breaks down the latest round of US-Iran nuclear talks. Iran said nuclear talks with the US on Thursday progressed “very intensely and very seriously,” after they paused negotiations until early evening in Switzerland. With days to go until President Donald Trump’s deadline for a deal, the two countries started their third round of Omani-mediated discussions in Geneva. Trump has threatened to strike Tehran unless its leaders agree to an accord, sparking fears of a new Middle East war embroiling Gulf Arab oil producers and Israel. “We hope that going forward the discussion will focus on lifting sanctions and the nuclear issue,” Esmail Baghaei, a spokesman for Iran’s Ministry of Foreign Affairs, told Iranian state TV on the sidelines of the meeting. Baghaei added that diplomats will reconvene for the talks between 5:30 and 6 p.m. local time. The US team is led by Middle East envoy Steve Witkoff and Trump’s son-in-law Jared Kushner. Foreign Minister Abbas Araghchi is heading the talks for Iran. Iranian state media said parts of the talks were conducted directly, suggesting the lead delegates met instead of dealing only via Omani officials. Iran stated it won’t allow any of its highly enriched uranium to be moved out the country, Press TV said, citing Baghaei. US officials are yet to comment publicly, though have previously signaled Iran would have to send such stocks of uranium to another country or dilute them. The US and Iran have been locked in a tense standoff over the Islamic Republic’s atomic activities and have traded threats as Trump has ordered a substantial military build-up in the Middle East, sending two carrier strike groups to the region as a warning to Iran. Trump had given the Islamic Republic a deadline of March 1-6 to reach a deal. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Feb 26, 2026
Harvard’s Massive Land Grab Isn't Working Out the Way It Thought
5:42
Bloomberg Television
Harvard’s Massive Land Grab Isn't Working Out the Way It Thought
A biotech downturn and pulled federal funds have stymied the university’s property bet in Boston’s Allston neighborhood — while nearby MIT has thrived. Harvard had little room for growth in Cambridge, its home since the 1600s. But just across the Charles River sat Allston, a working-class Boston neighborhood where the university had assembled hundreds of acres of land. There, Summers envisioned developing a sort of Silicon Valley of the East — a worthy competitor to California’s Stanford University and the nearby Massachusetts Institute of Technology for high-tech innovation. Bloomberg's Janet Lorin joins to discuss. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Published Feb 26, 2026