May.20 -- Venezuelans went to the polls Sunday in an election ignored by much of the country, but one that could set its path for decades to come. Bloomberg's Patricia Laya reports on "Bloomberg Daybreak: Australia."
The United States and China are pulling back from the brink of a trade war after the world's two biggest economies reported progress in talks aimed at bringing down America's massive trade deficit with Beijing. "We are putting the trade war on hold," Treasury Secretary Steven Mnuchin said Sunday. After high-level talks Thursday and Friday in Washington, Beijing agreed in a joint statement with the U.S. to "substantially reduce" America's trade deficit with China, but did not commit to cut the gap by any specific amount.
May.20 -- Pimco co-head of Asia-Pacific Portfolio Management Robert Mead discusses U.S. Treasuries, and talks about the bond market. He speaks on "Bloomberg Daybreak: Australia."
A man intentionally rammed a vehicle into a North Carolina restaurant busy serving Sunday lunch, killing his daughter and another person and injuring several others, authorities said. Bessemer City Police said in a statement that preliminary evidence indicates the man purposely smashed his way into the Surf and Turf Lodge where reports say families were eating a relaxed midday meal. Killed was 26-year-old Katelyn Tyler Self, the daughter of the driver and a Gaston County Sheriff's Office deputy.
China could step up imports of U.S energy to close a trade gap in Beijing's favor, taking a leaf from Japan's playbook, says Takuji Okubo of Japan Macro Advisors.
May.20 -- Pardoned Malaysian politician Anwar Ibrahim says he can't say if former Prime Minister Najib Razak will be put behind bars, but he does think he has to answer for squandering the wealth of the Malaysian people. Anwar speaks with Bloomberg's Haslinda Amin just two days after he was released from jail. Amin reports on "Bloomberg Daybreak: Australia."
President Donald Trump is skimming over the facts involving the investigations into Russian meddling in the 2016 election. In a series of tweets Sunday, he repeatedly assails special counsel Robert Mueller's probe as hopelessly biased, insisting that it is effectively controlled by Democrats. THE FACTS: Trump's suggestion that Mueller's team is a Democratic cabal is unsupported.
