u.s.. take a look at how it's playing out in the early part of the aussie in kiwi sessions. a strain trading just getting that second start underway. the jobless rate holding steady at 5.3% is what we're expecting. were seeing it pretty unchanged when it comes to trading on the asx. we'll give that a bit of time to percolate through. new zealand just coming off session highs at the moment, keeping its head above water. we did see the kiwi dollar as well as the aussie dollar declining overnight. falling in tandem with oil prices. let's get you the first word news with jenna dagenhart. >> a way of breaking the deadlock in brexit talks. bloomberg -- bloomberg is told theresa may's considering extending for 21 months. the trump administration is warning against putting u.s.-saudi relations at risk because of the jamal khashoggi affair. secretary of state mike pompeo said turkey will publish its investigation to what allegedly happened to the writer at the consulate in istanbul. president trump

the u.s. assistant attorney general for national security was joined by an official from the fbi and the royal canadian mounted police who assisted in the events -- investigation. >> good morning. thank you for joining us as we announce an indictment charging seven russian military officers with violations of several u.s. criminal laws for malicious cyber activities against the u.s. and allies. i am joined by the u.s. attorney for the western district of , theylvania, scott brady fbi deputy assistant director for ciber, eric welling, and director german or -- general of the mounted police, mark flynn. a short while ago, the dutch and the u.k.efense national security adviser held a press conference announcing a recent intelligence operation against several russian agents conducting a clandestine mission. the joint u.k. dutch intelligence operation led to four russian officers being caught. while they attempted to breach the cyber security of the organization for the prohibition of chemical weap

u.s. stocks ending mixed with multinationals rising. domestic: the most since july. -- domestic, falling the most since july. back on the gas after elon musk's drama. shares soared, recovering all of friday's losses. >> let's get a quick check of how mondays session ended here in the u.s. the dow gained for a third consecutive session. the s&p 500 led higher by commodities, also utilities, as well as industrials. it was all about that trade the 11thwe saw after hour agreement between the u.s., canada, and mexico. we saw the nasdaq move -- lose 0.1%. oil gaining ground on just concerns over a slowdown in u.s. drilling. as heidi mentioned, it was also about small-caps. the russell 2000 falling by the most since july, domestically focused stocks taking a it as we see -- a hit as we see better prospects on trade. hery, we could be in for a mixed session in asia as well. what's happening for japanese futures. they could be nudging lower well the nikkei 225 is trading at a 27-year high and the y

u.s. president donald trump has praised his country's new trade pact with mexico and canada saying it rights the wrongs of the old after agreement and will serve as a model for more trade deals to come. also on the show what on earth does a dirty order say what have to do with the business incubator in the capital of rwanda joining us for a visit to cuba and find out. and the crisis averted for now after years of turmoil germany still shines splits into names a new c.e.o. . it's time for business on the w. are you ready welcome to the program the united states and canada have agreed to a deal to replace the nafta free trade agreement that is according to a u.s. official who also said it will be when meet the united states mexico canada agreement until now canada had rest stay out of the deal reached in august between the u.s. and mexico to update nafta but last minute talks between ottawa and washington guaranteed that all three members will be in the new version of the trade pact so we've

the u.s. war college, a terrific colleague. samuel next to mike the booko-author of everyone loses, the ruinous contest for post-soviet eurasia. sam has held a number of positions, including, previously, serving on the secretary of state's policy planning staff, covering russia and eurasia. and to your left, on my right, dara massicot. she previously served as a senior analyst for russian military capabilities in the department of defense. so mike, when i turn this over to you, and i will join this group here at the end to have a few wrap-up comments. but mike over to you. ,mike: thank you very much, andy. thank you all very much for coming this evening. the format is, as you can expect, i will ask a few initial questions of our panelists to get some things out on the table, and then after 20 minutes or so, turn it over to a general question and answer period. so obviously be thinking of hard questions you would like to ask at that point. we very much appreciate you joining us this evening. so

to the u.s. business as we build its global platform. caroline: up next, more of the week's top business headlines. facebook tries to dial down the drama as it taps a new ceo. >> this is them trying to establish a smooth transition. ♪ caroline: this is "bloomberg best," i am caroline hyde. let's continue our tour of the week's top business stories with unexpected changes at ge. >> shares are surging at this hour after the company names a new chairman and ceo. he was an acquisition expert, is he now going to have to be a divestment expert? >> it will be interesting to see. we already have a plan in place that is pretty aggressive as far as a breakup at ge. they're looking to spin off health care, to divest the majority of their energy assets. we could see incremental divestitures. we're looking at the plain leather unit. it is primarily an operational story. how do you get these businesses, primarily the power business, performing better so the company can do well again? >> one of the difference

u.s. treasury secretary steven mnuchin, whose department stilles u.s. sanctions, plans to attend, despite cynicism from both parties. -- criticism from both parties. we will have more after the headlines. in yemen, at least 19 people were killed and another 30 people injured saturday, as a u.s.-backed saudi-led d rstrike , , struck a convoy of buses ful of civilians fleeing an assault on y yemen's port city of hodei. among the dead were women and children, including five members ofof the same family. a similar u.s.-backed assault on yemen in august killed 51 people, including 40 children. e united nations has warnened the saudi-leled bombing mpaiaign has brought 13 million people to the brink of starvation, as yemen's fofood crisis coululd sn become the world's worst famine in a century. back in the united states, president trump is traveling to georgia and florida today to tour devastation l left behind afafter hurricane michaeael hite florida panhandle as one of the most powerful storms ever to strike the u.s. mainland. the hurricane left 13 people de

also coming out u.s. president donald trump praises what he calls his great ally saudi arabia as the kingdom denies that he killed eight missing saudi journalists plus the speed bump that is stalling bribes that the irish border issue remains a key sticking point that has thrown negotiations into new york chaos will the e.u. give to use them made more time to find a breakthrough. i'm sorry kelly welcome to the program the heavy price paid for the liberation of iraq up it was a year ago that the so-called islamic state was driven out of its self declared capital in syria local militias fought them on the ground while u.s. planes bombarded them from the air the fight for iraq a lasted for months and saw thousands killed the city is now free of bias. but lies in ruins are reporters for good to show good and to foreign to kareen went to russia on an embedded trip with the u.s. army they looked at what the u.s. is willing and unwilling to help with as the city struggles to recover. abdullah is happy to see us

however, given the exposure of u.s. companies to the u.s. -- of the u.s. companies to the u.s. market, this does signal that the fact that they're still importing 300,000 barrels a day does signal some degree of defiance of u.s. policy or at least perhaps the anticipation for you that the administration will not take the confrontational step of actually imposing sanctions on any european companies. and the administration has basically continued the approach of the previous administration which is it's better to threaten to reimpose sanctions and without actually imposing them. turkey is about one-third less importing than it was when the u.s. pulled out. it was importing in may about 200,000 barrels a day of iranian oil and it is now at about 133,000 so about a one-third cut in oil. purchases from iran. turkey, however, remains dependent on iranian oil and also has said the u.s. pullout from the nuclear deal was not justified, so turkey might retain its imports at roughly this level. my bottom line conclusion is that the administration's strategy will hinge on ultimately on wha

u.s. isolationism to some form of cheney's estimation is so much, bloomberg's chief asia correspondent, stephen engle. welcome everyone to daybreak europe. overnight, the msci asia-pacific index off but went 4%, the nikkei closing by its highest since 1991, the hang seng underperforming, done more than 1% after reopening after the holiday. brent crude is holding above 85 dollars a barrel. above 75, and we have data from bloomberg showing that iran crude exports dropped even before the sanctions. , but witho lifted some dissipation of the trade tensions yesterday, the u.s. mca, you can say that gave it a bit of a lift. the euro is also on a fourth day of declines. up by a 10th of a percent, starting to get a little touch here, not quite what we have seen in the btp's. we saw the 10 year btp just 15 this is whence yesterday, hitting 3.3 percent. we continue to see some euro weakness and perhaps some risk off and play their. manus: if you could take the italy andiscussing greece best we will

the u.s., maybe not translating to the asia-pacific. singapore, down about 1% at the moment. south korea also giving back about 1%. malaysia here as well. china holding up. again, it is mixed. we had a high close, then u.s. futures started pushing lower, which gave us the early indications that any gains we will get in the asia-pacific, all things equal would be capped. we start across the currency markets. it's about dollar strength, really. the dollar index, 1200, back to the level last seen at the start of last year. ftsequity futures, and the futures pushing 100. this week has really been a very painful and. five straight weeks of declines actually matches now the longest such streak going back to 2015. three-year record we are putting in place here. as far as this week is concerned, 4% drop, which is also the worst week since the plunge we got at the start of the year. it hasn't been kind. october usually is supposed to be kind for equity markets. we can wrap up with this, to give you a s

and to the u.s. supreme court accusing cavanagh of sexual assault when she tried to scream she said he put his hand over her mouth we can't let breast kavanaugh decide on our rights for a generation enough no. wondering how they pay for all that well these organizations all have one thing in common they're funded by the controversial billionaire george soros styling himself as a so-called philanthropist soros has given millions to liberal causes are around the globe and democrats at home in the us. his organization has already given over two million dollars to these ladies alone and hundreds of thousands more to the fund that helped make anti carbon are commercials it depends on what the end game here is if the end game is to block a judge well then maybe not but if the issue here is to spread democracy like george soros his money is supposed to do that that might be that might be working out in in their favor i think this is really a trump trump situation unfortunately this isn't about accusations t

u.s. olympic committee is fully committed to ensuring the health and safety of all american athletes, and today marks our fourth hearing on an ongoing investigation. -- in january, this subcommittee and launched an investigation to examine cultural and systemic issues regarding abuse in the olympics brought on by horrific revelations that former usa gymnastics team dr. larry nassar sexually abused and assaulted hundreds of athletes over a span of two decades, well after authorities were alerted to his actions. the subcommittee's investigation has expanded to include all national governing bodies, which govern each of deal of exports, and the role of the u.s. olympic committee in providing guidance and oversight to better protect athletes. our conversation with leaders of these organizations has focused on reform that were part of the recently enacted or texting young victims from sexual abuse and safe sports authorization act, and how each of their organizations have implemented these impo

the u.s. pull out from the iran nuclear deal and reimposition of sanctions is a step they oppose and that iran is not under u.n. sanctions and really there's no justification to abide by. we have imposed u.s. sanctions. both governments, india and china, have said words to that effect. as have the europeans, although the europeans have not said they would necessarily flout these sanctions, but they have said they oppose the move. on the other side of the ledge r, iran has completely lost south korea as an oil customer. as of the end of september, south korea was at zero, zero oil imports from iran. and it has almost totally lost japan, which can as of the. end of september was down to a very, very tiny import volume of 22,000 barrels a day of iranian oil. nearly zero. taiwan also a very small buyer, it is now at zero. somewhere in the middle of turkey. european buyers were still collectively taking it as mainly italy, greece and spain. still taking 300,000 barrels, about half of what they were

the u.s. charges seven russian intelligence officers of carrying out cyber attacks that's after the netherlands claimed it had foiled a russian cyber attack on the international chemical weapons watchdog well london also accuses moscow of high profile attacks including on russia itself. baseless claims hypocritical bodies used to show on just prosecution damages the cause of human rights also this hour the latest in a series of u.s. withdrawals from international justice commitments sees washington take measures to protect itself from being sued at the un's top court. and in france butchers have written to the president amid a wave of attacks on slaughterhouses by animal welfare activists demanding help to prevent a possible civil war. and. a very warm welcome to the program from all of us here at r t h two in moscow thanks for joining us this hour we start with breaking news this hour the u.s. has formally charged seven russian military agents linked to a global cyber hack it comes just hours

markets are also pricing a pretty bad outcome for the u.s. and u.s. economy, and i think it is starting to look pretty interesting to take the other side of that, i think. vonnie: bad outcome of meeting what exactly? cameron: if we look at sector performance, the defensive sector has creamed it relative to the others. and to a magnitude that i think is consistent with the isn surveys following roughly eight points in the past six months. on some quantitative work i have done. you only ever see declines in the isn, not fast, during recessions. as an example, industrials underperformed utilities yesterday by the most since 2002. consumer discretionary underperformed consumer staples by the most since 2008. those are pretty massive milestones, and yes, is the economy going to slow down? -- very clearly, because we are seeing that in the certain sectors. is that enough to hit a brick wall? i do not think so. it looks to me like people are throwing out the baby with the bathwater, and if markets were a little too sanguine and complacent at the beginning of

u.s. docs closed -- stocks closed in today's session. the longest losing streak since president trump took office. falling more&p 500 than 2% for a second consecutive session. the s&p 500 breaking through that 200-day moving average. the nasdaq fell 1.25%. we had energy stocks leading the sectors down, as we saw crude just sink on risk off sentiment. the volatility was high. levelx surging past 20 and gaining ground for a sixth consecutive session. take a look at what 10-year yields were doing as they were again under pressure today. we saw it at around 3.15%. we saw yields lower throughout this week after that selloff last week. treasuries also got a boost from a 30-year option. -- auction. we did get the dollar reacting to u.s. inflation missing expectations. gold was higher. right now, flat. a slight -- flight to safety. crude at $70 per barrel, but still flat after sinking the most in three weeks. let's see how all of this will play into the markets in asia. sophie: after thursday's bl

the u.s. and saudi arabia. this is one hour. >> good morning. i am executive director. i would like to welcome all of .ou to this briefing let me start by setting the , raising our panelists a few questions and then we will proceed with the program. in terms of byit way of introduction that it is admittedly a somewhat difficult and ascetic task for me -- and sad task for me to hold in this briefing about our friend jamal khashoggi. i have known jamaal, the journalists, as a writer and media consultant and as a saudi civil servant for 30 years. i've dealt with him on many occasions here and in washington when he visited the states. and in the kingdom of saudi arabia during my frequent visits into riyadh and other places in the kingdom. jamal was always a gentleman, a keen analyst on middle east and islamic affairs, articulate early interested in u.s.-saudi bilateral relations, which we discussed almost every time we met. and, equally important, if not more important, a consistent advocate for b

u.s. dollar index potentially heading to its highest for the year to put pressure on asian currencies. let's get you the first word news with jessica summers. jessica: theresa may has told u.k. lawmakers there is a scenario where it would be preferable to extend the post-brexit transition. may said remaining under e u regulations and inside the customs union would be better than operating the backstop. conservatives say that would be a betrayal. is turning upp the heat on saudi arabia. he says he's not satisfied with the explanation of what happened to generalist jet -- to journalist jamal khashoggi. investigators will brief him on the killing. he told "usa today" that th was a plotea that went wrong. son-in-law isp's downplaying saudi arabia's role in the killing of khashoggi. asked if the kingdom has been deceptive, jared kushner said he sees deception every day both in the middle east and in washington. kushner said he has told the crown prince to be transparent about the death. u.s. na

the u.s. effort to rid pyongyang off its nuclear weapons -- using decades of postwar arrival we. -- rivalry. allen, whod to paul died at the age of 65. he established microsoft with inl gates in 1975, leaving 1983 over health concerns. he used his microsoft fortune to invest in pro sports teams, cable tv, and real estate. diednvestment firm said he in seattle of complications with montand kids lymphoma -- non-hodgkin's lymphoma. global news, 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am jessica summers. this is bloomberg. haidi: president trump offered any theory of what happened to saudi critic jamal khashoggi, suggesting so-called rogue killers might be behind his disappearance in turkey. the president defending mike pompeo -- is defending mike pompeo to riyadh to find some answers. pres. trump: mike pompeo is leaving literally within an hour or so. he is heading to saudi arabia. we are going to leave noth

and to the u.s. supreme court accusing cavanagh of sexual assault when she tried to scream she said he put his hand over her mouth we can't let breast kavanaugh decide on our rights for a generation in the us is. wondering how they pay for all that well these organizations all have one thing in common they're funded by the controversial billionaire george soros styling himself as a so-called philanthropist soros has given millions to liberal causes around the globe and democrats at home in the us to. make very good press his organization has already given over two million dollars to these ladies alone and hundreds of thousands more to the fund that helps make anti carven our commercials donald quarter r.t. . the united nations relief and works agency which supports palestinian refugees has withdrawn some of its staff from the gaza strip the decision was made amid safety concerns after protests erupted when the agency cut back its operations in the region its head describes how angry demonstrators sur

meanwhile u.s. first lady melania trump has been taking on some international would do so for her adoptive country she's on a weeklong visit to africa the first major tour first lady without her husband the first of four countries on her travels showed what was gonna she received a warm welcome in the capital where she visited a hospital of hundred teddy bears to a group of mothers to have babies a lot of trouble taking a trip to promote children's wellbeing and it's part of her be best policy initiative after she goes on to malawi kenya and egypt. this is nobel prize for physics has gone to three pioneers in the field of lasers the royal swedish academy recognize the work of american art asking french miniature rod grow i'm canadian dollar strickland who is the first woman for fifty five years to win the award for three help take lasers out of the realm of science fiction and into everyday reality. they did it in star trek making objects move with a laser beam without touching them in a t.v. series

i had been so into japan-u.s. so. because she was born after she became a citizen his youngest daughter could be issued a passport but his wife and two other daughters needed visas. and i felt i went on best fear and that ottoman. and how did you feel when you got there and you can learn how to now put it into the helmet of the feast now is to not. let you see it here show me the papers. if you want to well. one of the changes in the latest version of the travel ban is the inclusion of one pathway to the u.s. a waiver that can be granted on a case by case basis if applicants meet three criteria. a little. at least they say. that he wanted to. meet a well and landed within the to him the one with a hole in it it was funny the oven talks are fucked and they anything. and the only thing he had to do that was on how devoted to the old me how they had . let me have a bit of them i'll. i. thought that given chametz condition and the fact that he's an american citizen they would qualify for a waiver. with no appeals process

from the u.s. and beyond faultlines investigate the stories beyond the headlines after a three year delay afghanistan will finally hold its parliament elections but what direction the country takes with a new two part series the big picture examines the legacy of monaco duckies and the effects of his demise october on al-jazeera. they were wrong and. they were brazen. and for nearly a decade they committed crimes with impunity. yes. they were also decorated police officers thanks baltimore is once again at the center of a debate over how to police the police. the gang within on al-jazeera. it was the world's most wanted underworld thinker. until a year long undercover operation finally took him down. when he goes inside the billion dollar bust and how does he. this is al jazeera. hello i'm down in jordan this is the al-jazeera news hour live from doha coming up in the next sixty minutes waiting for help survivors of in the majors earthquake and tsunami await aid as relief agencies struggled to get

the u.s. about mint of homeland security appears to contradict the president and the vice president's words at a cyber security summit just three days ago the department's secretary said we currently have no indication that a foreign adverse or intends to disrupt our election infrastructure but i will immediately follow that with this is a point in time we know they have the capability and we know they have the will so we're constantly on alert to watch but what we see with china right now are the influence campaigns the more traditional long standing holistic influence campaigns well our correspondent adrian brown has reaction from the chinese capital beijing. well details of the vice president's speech had been leaked many days in advance so china knew what to expect a spokeswoman for the country's foreign ministry said that the vice president's accusations were groundless based on hearsay evidence she stressed that china was pursuing a peaceful path and wanted cooperation with the united st

the u.s. jobs report. hurricane florence could make a dent. india's central bank is expected to raise rates on inflation risks and rising oil prices. brazil has to the polls on sunday. good morning, everyone. -- 6:00 a.m. in london. tech stocks underperforming. yesterday we saw the nasdaq have its worst day since june in the u.s. session. we saw all three u.s. benchmarks lower than 1%. the nasdaq closed below 1%. we could see a rebound in today's session. banks have been outperforming with 10 year treasury yields heading higher. the msci emerging-market index has been down for days out of five this week. let's take a look at the 10 year treasury yields. we have seen that rise 13 basis points this week. -- wrong, higher on board. we are just under 3.2% on that. we saw it about that yesterday. we have seen treasury yields rising across the curve. there it is. it has taken the dollar with it. the dollar heading for its best week in two months looking at the dollar index. we have had six days of g

if u.s. rates are going to press a bit higher, u.s. growth starts to decelerate a bit next year. the key question for the em basket is the degree to which the chinese deceleration has been a bit of a surprise this year, which has impacted european growth expectations, stabilizes. is that stabilizes, u.s. decelerates a bit but maintains a good level, e.m. probably does pretty well. without that, i think you got some legitimate questions. jonathan: any word on italy? bob: the italian budget processes, the new government has taken a fairly confrontational approach with the european commission annual budget process. our expectation is that it will get a bit noisier before it calms down. jonathan: yeah. bob: the market has moved a lot, but i would expect further volatility in italy over the next couple of weeks, creating some overall vol in european bond market. jonathan: final word, victoria? victoria: you have to take a longer-term look. you will see quantitative tightening. there is a lot of things going on but i think you have to take that 12-month outlook. let things calm down a

u.s. after a travel ban is lifted. as i'm sick of this is al jazeera live from doha also coming up. a desperate search for survivors dozens of children are caught in flooding during a school trip near the dead sea in. indonesia where it's been almost a month since the earthquake and tsunami so many people are still missing tens of thousands are homeless and there's ongoing concern for the welfare of children the most vulnerable in the aftermath of a disaster. a lower top u.n. invest in u.n. investigator is now singling out the saudi state for the killing of. special rapporteur agnus says the saudi journalist was the victim of an extra judicial execution she says the people who committed and orchestrated the killing was high enough to represent the state and she's called for an international investigation our diplomatic editor james bays with this latest development. agnes calmar does a very specific role for the united nations and it covers exactly the crime committed in the saudi consulat

he says the u.s. is quickly reaching crisis levels when it comes to migrants crossing the border in the south. we will have more on how immigration will affect the midterms coming up. this is bloomberg. ♪ ♪ david: you are watching "balance of power." i am david westin. daimler shares are down nearly 2% in europe after dropping as afters 7% intraday third-quarter earnings will come in significantly below market expectations. katie lyons is here to tell us the story. >> significantly is the operative word. the company coming out with preliminary third-quarter results that came in under expectations. even more important, cutting their forecast. the primary reason is a kitchen sink of issues. primarily, regulatory concerns for emissions in europe. this is showing what it has done the past couple of years. they dropped off the second quarter, expecting even more in the third quarter. bloomberg analysts are expecting 11%. this is because of increasing costs with regulatory concerns and oddly specific is

the u.s. treasury holds its fire in a currency report. >> that report stopped short of labeling china a currency manipulator. rishaad: the latest fed minutes show a trend towards tightening in the latest fed minutes, and some big beats from big banks. >> morgan stanley's numbers are really good. >> bank of america and all the banks, solid quarter. rishaad: cannabis legal in canada. a top ceo sees a huge potential in pot. >> it will be a $200 billion opportunity over the long term. rishaad: and bitcoin has been beaten up lately, but some are still betting on a comeback for crypto. >> we have seen acceleration in demand. >> q1, q2, if the institution starts coming in it will put in new highs. rishaad: it is all straight ahead on "bloomberg best." rishaad: hello and welcome. i am rishaad salamat. this is "bloomberg best," your weekly review from bloomberg elevision. let's start with a look at the top headlines. questions continue to swirl around the disappearance of the journalist who had then an

u.s. pastor jailed in turkey pastor andrew bronson's house arrest is lifted by a turkish court he's now on his way to the united states his release is likely to remove a major cause of tension between the u.s. and turkey. and what happened to dissident saudi journalist jamal khashoggi the washington post launches a major campaign claiming that the turkish government has a video and audio proof that he was murdered inside the saudi consulate in istanbul plus voters in revolt on the last day of campaigning in the various election germany's governing parties fear that their hold on power is slipping voter show every side of upset in the political status quo. i'm sorry kelly welcome to the program a turkish court has lifted the house arrest of u.s. pastor andrew bronson the ruling allows him to leave turkey immediately and he is now on his way to the united states brunson was arrested two years ago on suspicion of having links to fit to the group that the cleric that blames for the failed coup

as u.s. bank earnings get underway, who are the winners and losers of the last quarter and what can we expect from morgan stanley and goldman sachs? joining us is dani burger. what have been the positives and negatives? >> the economy is still strong in the u.s.. tax cuts still fresh for the banks, and raising interest than they helped more have hurt, so overall, we get a positive picture. hadou morgan, for example, a record net interesting, 14 billion. but when we go to individuals, there were differences. of course, even with this nice overall picture of a strong economy, good earnings, the question always becomes, is this as good as it gets? manus: is this as good as it gets? let's talk about some of the beasts of investment banking, goldman sachs, and morgan stanley. what can we expect? this point, we usually have a very clear picture because we can see what the trend is across banks, but we did not get that this quarter. but what did banks have in common? they had good equity issuance .

the u.s. has doubled down on jared kushner's attempt at a peace plan, building alliance against iran. the u.s. has looked the other way when the saudi-led campaign in yemen led to numerous civilian deaths, including the bombing of a bus several days ago. as fareed zakaria said this weekend, subcontract to the saudis. >> saudi policy has really changed during the 35 years i've been working and watching in the middle east. saw saudis used to be very careful in foreign policy. they didn't start adventures. they worked behind the scenes to build arab concepts, work with western governments in a close way. the last three, four years, especially since mohammed bin salman took the reigns of day-to-day governance, they have been much more brash, the war in yemen and the terrible humanitarian suffering that has caused indicates both a lack of concern and also, as david was just saying, an inability to carefully target. the american need to rethink a bit how to work with the saudi government that is not

the u.s. nasdaq having its biggest drop in seven years or thereabouts. stock story spreading to asian equities. arehe ground, people concerned about trade. people are concerned about the environment. we also have a lot of noise about what is happening in terms of the fiscal position of the united states. rising rate environment on top of that. david: shaping up for a bad day when it comes to the equity markets, economy as well. the different reasons analysts have brought up the past six hours, it ranges from is the fed behind the curve? our earnings going to look bad? you look at the pent-up inflation pressure within the europe pork -- corporate's. will that show up in inflation or does it show up in the next earnings? suffice it to say, a lot of these reasons have come together to basically take us where we are right now. yvonne: and you have president trump, pointing the finger at the fed saying the selloff is because they are going to fast. they have gone crazy according to the president, b

military the u.s. president's fiery assessment came at a campaign rally in the u.s. state of mississippi but he didn't give any specifics about a conversation that he'd have with the saudi king in which he was referencing. we project saudi arabia would you say the rich. and i love the king solomon but i said . we're protecting you you might not be there for two weeks without us you have to pay for your village well it seems like he's implicitly calling on saudi arabia to pay its own defense expenses and this isn't even the first time he's done this he's asked the same of japan and south korea both of which are nato allies but between the arms deals and pulling out of the iran deal it's clear that the u.s. considers saudi arabia a major ally and if you remember trying to first foreign trip was to saudi arabia about a year ago but now trumps latest comments show that there could be some growing contention between the two on top of that trump's been trying to get saudi arabia one of the leading opec countries and the rest of opec to lower gas prices and trump's no fan o

. -- on the whim of the u.s. president. >> the u.s. elections will be considered a referendum on donald trump's performance. as the old saying goes, it's the economy stupid. that shouldn't worry republicans as the economy is doing fine. the question is, are average americans profiting as much as the companies? >> workers at online retail giant amazon in the usa now earn a minimum eighth of -- a minimum of $15 per hour. business is booming in the u.s., companies are investing and exports are growing. in the second quarter, the most recent for which data is available, growth was a record-breaking four per 1%, twice as high as the previous three months. -- 4.1% twice as high as the previous three months. donald trump has no question who is responsible, himself. but is that really so? unemployment has been falling for some time. the economic upswing began long before trump came to office under his predecessor, obama. critics point out that part of the positive data is because of orders from foreign companies who wanted to stock up before t

u.s. markets. let's look at the major averages here in the u.s. the s&p nasdaq and dow are all solidly lower. we see solid declines once again. uncertainty around rising rates, and the trade war. perhaps a little too far too fast. investors are looking for a seat before the music stops. if you look at the s&p 500 over the last six days, it was trending lower last week. dayerday, was the worst since february with a big selloff. if we help into the bloomberg and take a look at what is happening sector wise, look at this. a sea of red. the big drag from the technology sector. energy is down as well. there is nowhere to hide for investors. tech is down the least. if we look at the chip sector, we do see some green here. a bearish divergence to the nasdaq. you mentioned the 200 day moving averages because the stocks are well below that. chart we lookthe at 10:00 because here we are. if we hopped back into the bloomberg, the s&p 500 is below its 200 day moving average. average,ses below that it

the u.s. dollar. u.k. intentionally thinking about further sanctions. up one point 9%. >> if you take a broader look at falling fromow is its record high, financials are the best performer here. they are getting a lift from rising rates. now 3.19%. markets, we have to keep a close eye, off by the most in months. >> timeout for the top calls. if you look at some of the big movers on recommendations, the price target cut to seven dollars from nine. irreversibly reducing the ability to deliver on expectations. declining ratings for amc networks, blocking debt has are the company a sell rating. -- 66.at 63 and 6 there is an ibm campaign, initiating coverage with a sell the $150 price target. the analysts say the turnaround is still protracted and uncertain. the $150 price target. this has to do a souring sentiment on industrial autos. >> that is a global view included even for it -- from a macro perspective. in particular within semiconductors. the call we made this week, is the first time we cut

the u.s. coalition says it destroyed a mosque basically in one of the last i sh cues therefore fair game this collateral damage and this we've heard this so many times before and it really got nothing to apologize for it's just a part of war what you think about the. well. it's not the first time this collateral damage has become part of the discourse of the military discourse it has been the case in in iraq for so many years since since the ninety's and it is going on and on in fact in the in the area this is this area outside sort of in. there has been there has been an attack on july thirteenth of this year where twenty eight civilians were slaughtered and this was recognized by column and ryan at that time now this time they're finding a justification they're trying to find a justification or some kind of you know they're saying that well you know isis were having a meeting as you were as your reporter just that they were having a beating inside the mosque that makes the mosque at the gym

and in addition to sending holds, the u.s. will also asylum-seekers in detention as a requests are being processed. >> u.s. police hold drills at the borderer with mexicoco. by the end of the week there will be joined by over 5000 u.s. troops. >> we continue to adjust the numbers but know that is in addition to the 2092 that are already employed from the national guard. >> civil rights groups have denounced the moves as a waste of tax pair money into the to terrorize. been.s. resident has doubling down on his anti-immigration rhetoric. characterizing groups of migrants headed north as an invasion of the country. echoed by his supporters at republican campaign rallies. >> this is nothing short of an assault on our country and we will not allow it. >> mexican authorities have a struggling to deal with groups of migrants traveling north from honduras. one young man was killed in the standoff with police that block the border bridge. on monday, the group of several hundred migrants crossed the river into mexico. works andhe transp

the u.s. closed. it was all in the red. they fell the most since february. as the equity sales deepened, we saw the 10 year yield dipped below 3.2%. the members of the dow falling falling more dow than 3%. the s&p 500 also falling as much. thead a lot of pressure on luxury makers such as tiffany. that was one of the big losers. the customs restrictions are being enforced more at the chinese border. trade tensions remain quite high. all of that is impacting the market. tech also saw a big selloff. the nasdaq following the most since june of 2016. let's see how this will play out in asia. i have my red pen at the ready because we are looking at a red day here in asia. we have most asia dollar contracts -- pressure for e.m. currency. nikkei futures are pointing sharply lower mirroring the drop we saw from u.s. benchmarks. more pain is expected from sydney shares that as sherry pointed out, we are seeing a move down when it comes to bond yields. the treasury 10-year note retreating. >> let's get m

has made a public plea to the u.s. writing in the washington post she says at this time i am full president trump and first lady malani a trump to help shed light on jamal's disappearance and also saudi arabia especially king solomon crown prince bomb had been summoned to show the same level of sensitivity and release c.c.t.v. footage from the consulate general is a valuable person an exemplary thinker and a courageous man who's been fighting for his principles i don't know how i can keep living if he was abducted or killed in came well the u.s. government has demanded a full investigation into these disappearance and there are growing calls in washington for stronger action against saudi arabia has more. one week on since the disappearance of american resident jamal khashoggi in istanbul and the u.s. is still chasing answers i know nothing right now i know what everybody else knows nothing the u.s. state department insists it is pressuring the saudis were not going to make any judgments about what had happened to him

reports from northern syria where u.s. backed forces are fighting to retake the last bit of territory held by the so-called islamic state. looked out of so that i've lost so many friends so many i can't count this one died in my arms and another right next to me there were so many at the. u.n. climate scientists have issued their strongest warning yet regarding the risks of rising temperatures they say we need to take unprecedented steps to avert the worst effects of climate change and that we need to take those steps now this includes changing the way we consume energy the way we travel and the way we construct buildings if we fail to act they say we will face more heat waves more flooding and more extreme weather. it's not like cycling an easy task for these greenpeace activists but for them it's worth the effort the big banner they're putting up in front of the german embassy in london is a call for germany to face all the use of co similar protests took place just a few days ago in germany which gets around forty perce

and russia now between the u.s. and china are more difficult now than they have been trolling time and i think them that's. a difficult combination so or i'm not as. i'm not as well as confident about it as the steam's but on the other hand i would rather hear people saying that. we can get through this without serious danger than to hear a senior official in the u.s. saying oh yes this is a dangerous person we're staring straight down the sense there's still room for negotiation here for a compromise to be reached. i think even the fact that john bolton said that you know the treaty is out of date and a new one is needed even if he also complications saying bringing sheiner into the picture of what till now has been a bilateral agreement yeah i think that does indeed indicate that there are possibilities for negotiation and agreement and i think further if you look back i mean a lot of people are looking back now to some of their the dark days of the cold war and actually how did we get out of that situation we got

so who's deciding who gets a waiver the u.s. government official position is that it's a consular officers discretionary decision but if you put yourself in a position of a consular officer and you're sort of told and the rhetoric around at the administration is over sort of an overall ban and these people from these countries are essentially undesirable we're going to have a much harder luck to decide whether or not someone should be eligible for a waiver. according to state department data sent to congress in the months after the ban went into effect eight thousand four hundred applications from the targeted countries were processed but only two waivers were approved. the state department declined our request to interview officials in djibouti or washington but told us that in the four month period leading up to the supreme court arguments four hundred sixty waivers were granted but they refused to say out of how many applications by claiming that there is a robust waiver process through which you can seek a waiver that sort o

u.s. equities. favored theraders s&p 500, it outperformed the e.m. by 3% during the first three quarters of the sierra. feety be soon to jump in first into this market because of the dollar strength, and because of the political tensions in europe. you have got to be brave, and the question is, are you a meat eating bond trader, or a quiche-eating equity trader? nejra were: coming up, the bank president of chicago joins us just after 11 a.m. london time. let us get our first word news with juliette saly in singapore. nejra, the federal reserve president has welcomed increases in wages. speaking in boston, jerome powell says he expects to stick with the central bank's current path of gradual interest-rate hikes while monitoring risks presented by very low unemployment and low inflation. new york state tax authorities have started an investigation into allegations that, trump and his family created a real estate empire through "instances of outright fraud." according to the new york times, p

u.s. center for safe sports, u.s. figure skating aligned themselves with the requirements and we strongly support the u.s. senator for safe sports and its mission, dedicating to do anything possible to end abuse in sports. in order for the governing bodies to reach their potential in doing so, we respectfully suggest the following going forward. number one, increased funding for the u.s. senate for safe sport to provide more personnel in the areas of education, investigation, and adjudication. roleilling the center's effectively in these years is the key to providing long-term viability number two, create a public awareness campaign that all national, governing bodies can use and support in solidarity. this campaign should be created by six. child welfare kid -- this campaign should be crated by experienced child welfare officials to be vigilant, informed, and reactive to all forms of abuse. number three, provided national database of suspended persons name,.a searchable by sport, state, and region number four, amend

u.s.. he wrote columns criticizing saudi's new w rollers. -- rulers. they say that the u.s. new about plans to capture theheir former colleague. donald trump causes a serious situation and said he wants to get to the bottom of it. meanwhile, saudi arabia remains silent as they lifted cctv images ran on news shows provide. it has yet to prove its claim that he left the consulate by a backdoor. phil: let's get more this from ever correspondent in istanbul and washington. let's start with jordan -- with dorian jones. he disappeared one week ago with no trace o of him, what is going on? dorian: turkishututhoritieses he been ramamping up their vestigatation. they havave strong leads. they believe the tensision is focusing on this so-calleled 15 member legends have a hit team, which arrived the d day before e went to ththe consulate and in e evening of his disapaparance, they left the country on p prive jets. thee turkish authohorities claim they have identified at least eight of the team, they