China’s Xi Jinping Invited to Trump’s Inauguration: CBS | Bloomberg The Pulse 12/12/24

US President-elect Donald Trump has invited Chinese President Xi Jinping to attend his inauguration next month, according to CBS News. After a presidential campaign in which Trump vowed to impose a range of steep tariffs on Chinese imports, an invitation to the Jan. 20 inaugural would signal that the world’s two biggest economies can still maintain communication and perhaps even cooperate. However, no foreign head of state has attended an inaugural in at least a century, according to State Department records going back to 1874. In sports, Saudi Arabia was confirmed as host of the 2034 World Cup, marking the return of the world’s biggest sporting spectacle to the Gulf region for the second time in barely a decade and in a choice that’s already dogged by controversy.

Today’s guests: Iain Stealey, JPMorgan; Jim Bianco, Bianco Research Founder & President; Jason Atherton, Chef and restaurateur
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.

Chapters:
00:00:00 – Market check
00:02:21 – The Pulse with Francine Lacqua
00:02:47 – Trump invites Xi to inauguration: CBS
00:05:25 – Iain Stealey, JPMorga
00:10:09 – Markets see nearly 150bps ECB cuts in 2025
00:21:15 – Headlines
00:22:02 – Yellen urges maintaining US-China links
00:23:15 – Jim Bianco, Bianco Research Founder & President
00:30:37 – Atherton wants latest London restaurant to be his legacy
00:31:21 – Jason Atherton, Chef and restaurateur
00:40:26 – Saudi Arabia to host World Cup in 2034
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