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Single best idea, let me start with a vignette. Today was a perfect example. I once said to the founder of Bloomberg News, Matt Winkler. I said, Matt, thirty years ago, do you understand you invented Twitter? And what I meant by that is what was invented on the Bloomberg terminal. People go, why does this thing exist? Why is it the foundation of everything we do at Bloomberg LP and Bloomberg News. And the answer is the immediacy of the headlines.
So this morning, with all that's going on, with what we've learned is two cargo ships seized by the US Coastguard Cutter Monroe and others in the North Atlantic I think Tom Hanks in that wonderful movie, and also in the Caribbean. The basic idea here is the headlines are everything and we were saved. Just to give you a window into the show by Daniel Curtis sitting at a desk in London, who spearheaded this off of the Bloomberg terminal.
Functions that track cargo ships worldwide, Like right now, if there's twenty seven tankers off Singapore, we have shipping clients that can actually see those twenty seven tankers. There's a little window into how we get out front with the story and then collate in our reporting by Alex Wickham and others at Queen Victoria Street and over to other news sources like Reuter's at NBC and the Associated Press. Just a little window there and how the sausage is made.
We were advantaged today by the perspective of Tina Fordham of Fordham Global Foresight on the distance from Venezuela to Greenland.
So it's bewilderment. I think that Europe and European leaders are genuinely struggling to find a vocabulary to respond. And as you know, there's a meeting going on right now, the so called Coalition of the Willing to discuss Ukraine in the future of Ukraine and this you know, this deal that's been under discussion. Steve Woodkoff Kushner there, Mark Rutze from NATA. They're all meeting, but of course the whole conversation has been hijacked by this Greenland discussion.
Tina Fordham there, I can't say enough about her work, particularly last year looking for distress in Venezuela. My book of the year, Rushia Sharma. I've never done this before. Usually it's a book that comes out, you know, month tier two months, they're three months there. His book came out eighteen months ago, but it's ever more important in twenty twenty five and a compelling read in two twenty six.
What Went Wrong with Capitalism? Rushia Sharma of the Rockefeller International, twenty twenty six.
If you look at what's happening in the world over the past here, then yes, that America is withdrawing from the global trade system, but the rest of the world is learning to trade without America. So if you see what's happened to trade volumes over the last few quarters, that America's share is declining in global trade volumes, but the rest of the world, the trade volumes are actually going up. And as I travel the world, what I find is that more and more countries are trading with each other.
Rush Ushima there this morning, We're right on podcasts and Apple Music, on Spotify, on YouTube podcasts. A single best idea