brent: the u.s. president was here in germany and criticized european countries for not going their way when it comes to expenditures for security. he was talking about germany not spending 2% of its gdp on security. is this announcement today the answer to that criticism? guest: the announcement means the trend of further cuts in germany has been interrupted and has been changed. whether we will end up with 2%, i'm not sure. brent: why do you say that? guest: one of the few three or four countries and nato which manages to hit the 2% should be spending is greece. that means it's not a particularly convincing figure. brent: it is not realistic guest:? it is real estate as a goal, but it is a goal that will be achieved in a longer run. when we will arrive there, we will see. the key issue is we have to improve and increase our capabilities and that's more than just percentage figures. brent: there have in some serious pr blunders in the past. we've seen military helicopters and airplanes not working.

brent: that brings me to my next question. did the president of germany -- he is not catholic bute is an ordained minister. what was the purpose of having him speak at a conference for catholics? guest: there were a lot of evangelicals and protestants and there was a mention of what they call the sister churches that have been instrurumental to keep it going. the main point has been to show there's a very strong commitment to ideas of openness and integration. these ideas are ones that can be brought into the church. this is a church that can be economical and open. brent: what about the issues that have been dogging the church right now? was her much talk of that? guest: there has not been a lot of talk about sexual abuses. there was some talk about the integration of women and there was a large contingent of catholic gay a and lesbians who were central to the program and this is a way to show what is intentional and what is the agenda. brent: thank you for coming in. we appreciate your insight. we're going to take a break an

brent: this is dw news live from berlin. tonight, a miracle for one girl, a ray of hope for 200 more -- one of the girls in nigeria is free after being kidnapped by boko haram militants more than two years ago. she was carrying a four-month-old baby and says most of the girls abducted with her are still in captivity. also on the show, for crimean tartar's, their fear of history repeating itself, deported by the soviet dictator, elderly tartars worry what the annexation of crimea will mean for the next generation. and extremist hidden among the one million refugees entering germany. tonight, why that fear appears to be justified. it's good to have you with us. she is safe but traumatized. tonight am of the world wonders if or when her other missing classmates will ever be seen again. one of the 219 kidnapped nigerian schoolgirls is back home with her mother. she was found earlier today. one of 219 girls abducted 200 years ago -- two years ago by boko haram extremists. you will hear from our correspondent in just a moment that

. ♪ brent: welcome back. our top story, more than 20 countries say they are ready to supply weapons to libya's international recognized government. top diplomats from those nations have an meeting in vienna to discuss strategy to counter the so-called islamic state in libya. thousands of ethnic hazaras have marched to the capital of kabul. they say the rerouting of a powerline is because of official bias. they are calling on the government to change those plans. time for business news. warren buffett, he is taking a bite of the big apple. >> billionaire warren buffett was made -- has made many lucrative investment but has so far avoided putting money into tech companies. until now. his firm has reported that he has acquired apple shares during the first quarter. apple only recently decline in revenues for the first time in 13 years. with buffet is a prominent stakeholder, things could the prominent again. for a closer look at that and the latest taken the market, let's bring in our correspondent. warren buffe

brent: you mentioned the vice president. he has reportedly said he's planning to put together a new cabinet tomorrow. can you confirm that and what has been the reaction to that news? guest: he announced he's going to hold a key speech tomorrow. he seems pretty sure he is going to take over the presidency, but for weeks he has been working on his government, his ministers always leaking information to the press, so it did not come as a surprise. they even published his inauguration speech as a president several weeks ago before the vote in the house. i think this is all part of the strategy. he doesn't want to get any doubt he is going to take over and doesn't want to rule out any doubt about that. brent: he also wants to rule out a possibility there could be a return of madame rousseff. looking at this from the outside, this process has taken place very quickly and now, we are talking about as early as tomorrow or friday, we could have a president on trial or impeachment. could brazilians as quickly as they have had to deal

brent: this is dw news live from berlin. some said it would ever happen, but tonight, he has proved all of the doubters wrong. the real estate tycoon, donald trump, has clinched enough delegates for the republican nomination to run for president of the united states. our party leaders finally ready to endorse him? also on the show, g7 leaders agree fresh measures are needed to boost the global economy. they will announce plans to stimulate growth on friday. and protesters in france clash with police after a day of nationwide strikes. workers are in a standoff with the government saying reforms simply mean more, higher and fine. it's good to have you with us. tonight, donald trump has reached that magic number needed to clinch the nomination as the republican candidate for president of the united states. the associated press says trump has enough committed delegates to qualify as the nominee to run in the november election. trump traveled to fargo, north dakota today to thank the republican delegate who put him over the top.

brent: this is dw news live from berlin. the beginning of the end for grace paz against refugee camp. police say they are moving people out of the camp into better facilities, but for the migrants, it is another step away from their intended destination, northern europe. also coming up, iraq has army says it is making big gains against islamic state as it pushes to retake falluja. but what about the civilians trapped inside the city? adding punch to the piano -- a new project at once to make you rethink how and where you listen to music. good to have you with us. it has become a symbol of the struggle to manage the migration crisis -- the camp on the greek border with macedonia. nearly 10,000 asylum-seekers have been stranded there in squalid conditions since all can countries have closed their frontiers. now the greek government has begun moving people out of their makeshift homes and into new facilities away from the border. reporter: packed and ready to go -- the next stage in their desperate journey to a new life is abou

brent: thank you. sports news, kenyon olympians have been dealt a major blow after their program was deemed inadequate. a new law aimed at combating don't -- doping has not brought them in line with standards. they could miss out on the love that. -- olympics. reporter: over the past half-century, the kenyans have one a host of gold medals, mostly in long-distance running. but in recent years, a shadow has been cast over their achievements. since 2012, over 40 of their athletes have been giving -- given doping bans. and an adequate testing regime does not exist, something that the governing body calls absurd. >> it is a blow beyond -- below the belt, the work to combat doping has been trampled on and this only came to light because of a whistleblower. the head of the olympic committee rubbed salt in the wind in february. -- wound in february. >> we run the test for the athletes. in monaco, they were sitting down. we'll take the law of the land against those who are messing up. reporter: the entire lead

next, the brent bounces back. we're live in abu dhabi with the latest on that story next. ♪ matt: welcome back to "on the move." i matt miller. guy johnson in london. in france, the prime minister says 30% of the country's petrol stations -- those are gas stations for those of you who speak english -- are now facing shortages. that areht be strikes set to intensify today. to greg in paris. how palpable as this issue? i remember when there were gas shortages in new york a few years ago. verys pretty serious, difficult to drive which kind of put a stop to life. there are a ton of small companies basically saying they cannot work. if you watch any french tv show in the evening, they are interviewing all over the country from small companies to gardeners, everyone is basically at a standstill right now. it's very serious. it's a total standoff because one of france's two largest wills are insisting they carry this strikethrough to the end. they were on the radio this morning saying that he might accept some modifica

. >> hello, i'm brent i think i'm seat number 4 for the educator, teacher education seat and well in san francisco i went to city college and always went to balboa park and now live nearby and drive by on my way to work usually downtown it is so convenient and not worry about parking what i bring to this a classroom teacher so i've been through well different stakeholders and interests and able to bring this together and get everyone's answer. >> where do you teach. >> park side. >> i call it the mid eflt studies department. >> all right. and maybe i can elaborate what you want to serve on this committee what you hope to accomplish there. >> it is an interesting station balboa park reminds me with a lot of going on with the busses and streetcars and it is heavily put together to make it more safe for people and just like divided berlin. >> can you elaborate on something the ideas to bring to the committee how you want to capitol hill the area. >> it should be more colorful and things going on instead of just commuters but in between neighborhoods either on inigleside or cayuga and ki

wci and brent rising above $50 a barrel. brent touched the highest level since november and bti him in the highest since july. u.s. inventory now last week amid disruptions in nigeria, venezuela, and canada hampering production. decline?l oil joining me is the bloomberg news reporter, will kennedy. the disruptions in nigeria, canada, and so on, the market might be balanced. when those disruptions end, what happens? there's clearly a lot of oil supply in the world. some of those disruptions, especially in nigeria, show little sign of ending. canada will come back when the fires are out and people go back to work. venezuela, there's not a chance for production to come back soon. what extent does oil rebound, the higher it goes the more likely it is that shared oil producers come back online. price, how quickly does oil that has been knocked out of the market in the u.s. come back? a lot of people are focused on $60 as a place where people come back into the market. it remains to be seen. people have never been through the shal

vonnie: to what do you attribute the fact that brent is now almost nothing? is almost nothere difference between the two. javier: the main reason for that over the last few weeks is twofold. one is the shale production in the united states is falling, so they need to attract more imports into the country. that is one thing that is driving. the other one is production in canada, it is only two days away the a pipeline into the united states. that is the disruption that is happening in canada and it is affecting the wti markets. that leaves the wti not having a major impact in brent. that is why we have seen them as a parity. vonnie: will there be an advantage to being the first part back to market? will there be a rush? javier: i don't think there will be a rush. i think the companies who will be rushing are those in a more difficult situation. those countries that are getting calls from banks saying hey, the market is that $50 for 2016. do it now. because that is what the bank wants you to do. there are companies who will be hedging earlier that will put pres

it has been 3% so brent is trading at $49.07. take a look at gold and silver. john vail was talking about the bid in gold today with gold futures up more than half a percent and silver is up almost of 1% so the precious metals continue to rise on the concern about central-bank moves either too negative or holding 20 or not willing to increase rates as quickly as had been thought around the world. as far as stocks, the companies holding the ftse above water are the minors. they're the biggest percentage gainers. anglo is rising as well as the others. commodities on the back of what we see happening in golden oil and the news out of china that they will continue to support the economy there is really getting a big boost. charge that we put together. in white, you see the broader stoxx 600 european index. in purple, the basic resources -- oil and gas index and in blue, the basic resources indexed. those have switched places but any commodity-based stocks are really doing well. they have done well all year but they are still a laggards if you look over the past 12

. >> brent crude surpasses 30 dollars a barrett. can the banco popular announces a sale. >> bad news for daily male after their worst day in nearly a decade. >> new reports a private equity firm is mulling a 60% stake in embattled air bag maker takata sending shares higher. >> and japanese prime minister shinzo abe reportedly suggests we could be heading for another lehman moment. as g7 leaders fret about the severe slowdown1 in merging markets. in merging markets. >>> hi everybody. welcome. good morning. >> how are you? >> i just had a vile glass of supplements mixed in water. and it's really -- >> you're always doing that. the green juice effect. >> i know. i know but the one now has like no sugar not. sweetener and it's just disgusting. so i need a cup of coffee after the show. >> -- studio point, right? >> exactly. european equities though were trading a little higher. we're up about -- i say that. we're actually flat. completely flat. we were called a little lower. bouncing a little but very little. stox europe 600. and main ma

. >> hello, i'm brent i think i'm seat number 4 for the educator, teacher education seat and well in san francisco i went to city college and always went to balboa park and now live nearby and drive by on my way to work usually downtown it is so convenient and not worry about parking what i bring to this a classroom teacher so i've been through well different stakeholders and interests and able to bring this together and get everyone's answer. >> where do you teach. >> park side. >> i call it the mid eflt studies department. >> all right. and maybe i can elaborate what you want to serve on this committee what you hope to accomplish there. >> it is an interesting station balboa park reminds me with a lot of going on with the busses and streetcars and it is heavily put together to make it more safe for people and just like divided berlin. >> can you elaborate on something the ideas to bring to the committee how you want to capitol hill the area. >> it should be more colorful and things going on instead of just commuters but in between neighborhoods either on inigleside or cayuga and ki

. >> hello, i'm brent i think i'm seat number 4 for the educator, teacher education seat and well in san francisco i went to city college and always went to balboa park and now live nearby and drive by on my way to work usually downtown it is so convenient and not worry about parking what i bring to this a classroom teacher so i've been through well different stakeholders and interests and able to bring this together and get everyone's answer. >> where do you teach. >> park side. >> i call it the mid eflt studies department. >> all right. and maybe i can elaborate what you want to serve on this committee what you hope to accomplish there. >> it is an interesting station balboa park reminds me with a lot of going on with the busses and streetcars and it is heavily put together to make it more safe for people and just like divided berlin. >> can you elaborate on something the ideas to bring to the committee how you want to capitol hill the area. >> it should be more colorful and things going on instead of just commuters but in between neighborhoods either on inigleside or cayuga and ki

brent celek and to do todd herrn were at fine stash in old city. some of awareness goes to raise research money for prostate cancer on father's day. >>> the professional softball pitcher who is breaking records.

brent going over $50 a barrel, one of the key headlines. european stocks, look at the desk looking to draw a line in the sand. maybe a little bit more outside the lending market -- london market with a slight move higher. we will see how they develop over the next hour. an hour to go until we start european equity trade. let's get to the risk radar. brent above $50. manus: we have indeed. $50 -- herel above we go, oil above $50. eia data has been down for the 11th week in the row -- in a row . dollar index down for a second in a row. just readjusting. we have had just a cracking run on the dollar. it has been the best month since january 2015. traders are fairly neutral. 2-year note, perhaps the most thrown -- most prone to indication that mean -- that we may see a june and july hike from the fed. that seems to be of late. -- can wewo punch take a look at the bond markets. take it away, and a -- anna. anna: the u.s., german, and the japanese bonds. the yield either unchanged or come down just a fraction. taking a pause for breath to rethink

this is the picture of brent, the whilte line. brent -- in purple. foraverage price for brent the past 50 days is set to rise above the 200 day moving average. this is what we call a golden cross. that is typically seen as a sign of bullishness. the price may go up of we look at the technical level. up next, has the world's biggest sovereign wealth fund but a slumping oil price has seen theay tap into savings for first time. we will look ahead to this morning's budget. ♪ francine: let's get straight to the bloomberg business flash. itsa: two years to sells specialist group activities as part of a process of focusing on mainline tourism operations. the unit comprises 50 travel brands with generated 1.85 billion euros in profit. europe's largest tour operator says it will retain only the crystal ski -- business from the portfolio. disney shares have fallen an extended trade after it missed second-quarter earnings forecasts. tv network struggled and the strong u.s. dollar -- profits from star wars merchandise. closingso said it's its infinity game uni

and brent. wti 49.84. >> and later in the show the fact that brent is above wti. we'll get his perspective on how long it might hold this time. let's check knob global market this is morning. europe mixed. just lost a little steam in the last half hour or so. most of the markets are negative. not too pronounced. germany is positive. and spain is down because the banks are down significantly. banco popular had a rights issue and down about 20% weighing on the sector more generally. europe over the course of the last week very nicely positive. the stoxx 50 is up 4.7% the last week alone. a little bit of profit taking happening today as you can see. asia also similarly a bit of gains but not in all of the markets. as you can see we've got about a quarter of a percent for shanghai. japan basically flat. both in europe and in asia, energy and commodity related names doing well after this oil priced rally that sara has already mentioned. >> broader market picture across bonds. the 10 year treasury note yield has been making moves higher but really still stuck in that 18

sharks de san josepavelski para brent burns gol de los sharkslos de san jose fueron contundentes especialmente aprovecharon las faltas a favor burnos volvio a repetirse con la cuchara rande y se acaÓ ganaron los sharks 4-0 empatando al serie a una victoria --Ás adelante...--le diremos qÉ sorpresas de programacÓn le traeÁ univision para la temporada 2016-2017... le adelantamos que tendremos varias de sus series favoritas.---si no lo gusta hacer ejercicio pÉnselo dos veces, porque seÚn estudios llevar una vida activa disminuye el riesgo de desarrollar varios tipos de Áncer.---echemos un vistazo a las temperaturas

brent toppinggh, $50 a barrel for the first time this year. javier blas, talk to me about driving things toward and barrel. alter javier: we are losing some had thousand barrels a day in nigeria. -- 700,000 barrels a day in nigeria. in the background is the demand that a strong. everyone is driving a lot in the u.s. that combined with supply outages is bringing us to $50 a barrel. jon: i want to talk about debt supply. a $9 billion auction -- what does that tell you about market conditions? javier: the pain for the producers has been really acute. you see qatar borrowing $9 billion. they have a big production, relatively reduced population. it is not a country you would expect to be in trouble. that at $50,ing us the problem is not over. although the markets have rallied, we are up about 80% from the lows, we are only back to the level we were in november. back in november, we were talking about trouble for producing countries in the middle east. yes, the situation is better, but will qatar is telling us is it is not mission a come pushed. $50

brent crude is rising. traders are cutting net long positions and short bets are rising. net long positions are dropping over 4%. re: at an inflection -- are we at an inflection point in oil markets? rishaad: there are so many unknowns here. what happens? we are not seeing any freeze in production. suddenly iran does not want to play ball here. they are just one element amongst many things which could oilupporting a lower prices moving head. we have problems with the shale oil fields in canada, on fire at the moment, one million barrels a day in production being lost. and libya not able to export oil. what about iraq? can they ramp up production? there could be more supply coming on board. let's look at what's happening, with about 20 minutes of trading in mumbai. this is the situation right now. x, one of the first gains in seven sessions. in hong kong a 0.5% moved to the upsidfe. dubai coming online at 10:00 a.m. local time. dubai, abu dhabi, doha, with the watar market -- qatar market on the way down. manus: thank you. let's check in on other stories making headlines a

this is coming up this summer, "david brent: life on the road." >> yeah. >> seth: all right, now this is very exciting to me. last time you were here -- i'm such a fan of "the office." >>nk >> seth: and so now this is revisiting your character david brent -- >> yeah. >> seth: -- 15 years later. >> it's 15 years later. it's what he's doing now. and what he's doing now is he's a sales rep. he's selling, you know, cleaning products. well, all your toiletry needs. >> seth: oh, yeah. >> urinal lozenges. [ light laughter ] tampon dispensers, you name it. >> seth: okay, good. >> so he's this guy, okay, and now he's not in charge anymore. he's just a guy in the office and he's sort of bullied because the world is different, it's full of alpha males. you know, we're in that place now where people go -- on "the apprentice," while going, "i will destroy anyone." and he's out of time. he's sort of 55 now. and he's spending all his money. he's cashed in a few pensions because he's never given up the dream of being a rock star. so he's put together like a band of like mercenary session musicians wh

first of all, we have parity between wti and brent. that is nothing huge, but it is always nice to mention it. what does come next? do we need to see oil creep up to about 55 when more producers will come online and bring the oil price back down? i think in the near term the biggest impact is going to be the canadian oilsands restarting their operation. they have been 1.2 million barrels, 1.4 million barrels off-line the cause of the wildfires there. francine, i think as prices get over 50, you will start to see shale producers hedge up their future production and put more rates to work. francine: overall, are you surprised by the fact that we seem to have reached more of an equilibrium sooner than expected , or is this just because of supply disruptions so it does not give us an indication on future trends? jason: i believe that the overall trends of growing demand and declining opec supply are more or less playing out as we expected. we expected the balance to be achieved late q3, q4. canada comes back online relatively quickly, then

brent in crude suppressing $50. but the question is, what you miss? scarlet: we speak with dominic quantum who says white there would be a rate increase in july better than june. alix: and pressing the reset button for the gold default market. the $9 billion euro bond sale. reporter: and el niÑo comes to an end, la niÑa may be the next global weather pattern. we look for the impact on global markets. scarlet: we begin with markets as alex mentioned, a mixed day for u.s. equities. a little changed when you see how they ended the session. this is after a strong rally. that kind of faded as we head to the holiday weekend. if you look at the industry group, utilities were best, materials worst, and oil reaching a $50 benchmark. alix: look at the volume, it is down 14% for this time of day. clearly lighter volume in the holiday weekend. we have janet yellen speaking tomorrow. ,hey will make strong positions but i don't know what she will say about june. scarlet: if they are here. reporter: card you know what will win out. you have memorial day. alix: so

brent, 46.8. but that has been a big boon and a good couple of weeks for oil. >>> we've got a lot of economic data to look forward to this week. kicking off today we have the april ism manufacturing index, along with march construction spending. there's been a lot of talk that manufacturing has bottomed in this country, so we'll be looking for a better number there. for friday, look out for non-farm pay rolls. the ism services index. and the april non-farm pay rolls, this is the last of the heavy week of earnings season as well. among the highlights, aig, fo s pfizer, alli baba and merck. >>> on jobs, we've seen better job growth, which is really interesting, compared to a very weak economic growth. that gdp in the first quarter, 0.5%. can the momentum continue in jobs? and can we see higher quality, better paying jobs with higher wages? >> even so, i don't think people are expecting a june hike anymore after the fed was cautious. so it's a big week always when you get the non-farm pay rolls. but

francine: brent hits the 50's as u.s. inventories slide. the guestry and on list, china topped the agenda in the g-7 summit. the hedge fund hits the $2.9 trillion industry. that's a warning from blackstone. welcome to "the pulse," live her e in london. i'm francine lacqua. we are seeing a bit of the diversions in asia. aisasian stocks were higher. europe a little bit slack. above 50.at what it points to is the imbalances we saw in the oil markets being ironed out sooner than expected. sooner than the iea was thinking. now let's get straight to the bloomberg first word news. $2.9 trillion investment industry may lose. dayays the industry faces a shrinkage. the e-commerce giant is being investigated by the sec. at datalator is looking reported from the company single day promotion, the biggest shopping day, and how the firm consolidates results from affiliated companies. alibaba declined to comment. hillary clinton's of a private e-mail system did violate state department rules. that is the conclusion of report by the inspector general who re

in white, the price of brent. in purple, the brent moving average. in blue, the 200 day average. the average price of brent c rude is set to rise -- that's a golden cross. that is to be we seen as a sign of bullishness. now, we are joined by a managing director and jpmorgan global market strategist. you so much for coming on. let's start with you. i do not know how much you look at currencies, but we talk about goldman sachs saying that expect the dollar to rise. overall, is this going to be the big theme? are traders going to nowhere -- it is inward looking. every single major economies looking inwards. >> what is really remarkable if you look at the period since the crisis has been how much of major currencies have moved against each other. if you look at the dollar versus yen, the dollar versus the euro, etc. it has been 30% of change with real macro economic change being rather limited. a lot of this has been german on expectation, the expectations of diversions, expectation -- a lot of this has been driven on expectations. the continuation of exactly that theme, that in an e

brent, we're switching between gains and losses. brent is at 44.97. buying of treasury signaling flight to safety kind of trade. some concerns about global growth that was definitely permeating through yesterday's session which is broad based. the only group to end up were utilities which is a future of yesterday's session. we'll see if the ten-year yield can stay about 1.80. and the dollar getting its groove back. dollar has started strengthening again. we'll keep an eye on that. commodities, 1.1489, with the euro under pressure and bank of japan must be happy to see that change. gold goes in the other direction of the u.s. dollar which is stronger lately and weaker by 0.24%. >> the u.s. dollar having such a big impact on it. >> as for the overall market story, wouldn't you say there's some global growth concern. this idea that sharp rally and rebound from stocks in february lows might not be justified by the economic reports and earnings which have overall been somewhat underwhelming. maybe profits have managed to beat, revenues have been missing, g

oil still high for brent and wti. wti and brent trading just so close. and there was surprise on u.s. stocks with support for oil. strong data particularly on the housing front. for once, good news on the data was good news on equities as well. let's see how the factors are playing out on the asian markets. sri jegarajah joins us in singapore. >> good morning. in the asian markets, it's down to the firmer lead on wall street overnight. the markets like the data. and the markets like the fact that oil prices are seven-week highs and we saw that move extend into asian trading as well. energy and mining space were big leaders sectorwise. the market seems to be doing a pretty amicable job. the higher dollar involvement that weighs concerns on appreciation appreciate on the currency, on the chinese yuyuan. and the markets not liking that particular potential threat and potential development. china is going to remain in folk use in the markets near term. back to you now, ladies. >> sri, thank you very much. sri jegarajah live from singapore. we need to take a

the difference between the brent futures and the longer data. we can see the spread between the two. it is the spread between brent futures now and 12 months. it means the spread has been narrowing. in december it was never late, now it is 3.5. a lot of the oil majors are profiting before the spread starts to fade. tom: this is exciting. we have brian belsky from the bank of montreal. we are pleased to bring in telemedicine. -- callum anderson. he is joined eurasia group. how did you meet ian bremmer? joins eurasian group and i thought that is the greatest thing going. how did it happen? : it was good to join an organizationjust on the overlap between politics and markets. i am focused on the foreign exchange. wereof our tools politically driven, even if we could not talk about politics. when the opportunity came up, i jumped at it. tom: you have the practitioner's guide to currency investing, etc. i want to step this up with brian belsky's world reacting to henderson's world. this is the inflation adjusted dow back in one gazillion years. we ar

in fact, when you look at brent crude from the lows this year, brent crude is up close to 75%. you're definitely going to see some of that in the headline in this month. and on the fed meetings, i think what they will tell you is they are looking at the data and if the data continues to improve, the federal reserve is back in the game. i know you have been hearing a lot of fed speakers and hear more this week suggesting like john williams that the federate hikes are on the table. i think what they are doing is prepping the market. because one thing they don't want is for the market to underestimate what the fed does. it's better for the market to anticipate more and be surprised rather than do less. >> should the market listen to them, though? hasn't this fed proven that it wants to prevent a slide in the s&p 500. >> i think the fed wants to make sure the markets and the economy are stable but they want to raise rates. it is just that sometimes the market and the economies globally get in the way, but they truly want to raise rates but haven't been able to do it. and they want

louis that brent glass mentioned earlier. understand that the view of american history that we get to public schools is pretty much celebratory and last credit -- and less critical and we depend more on how we balance out the equation in that regard. their pressureat is on anyone who is a prominent engage in tooto much criticism, so i will is mr. glass the clients to answer this question, but i would like to know if he the policy of the united states government as wasng westward expansion genocidal? guest: i think the settlements exploitationnd the of the indigenous peoples living in the west is not the happy chapter in american history. i write about that specifically in the chapter on the battle of little big horn and the massacre at wounded knee. while i do not think there is anyone today in the historian writing today that can justify that those unhappy chapters, it is something that led to some positive development in terms of the great cities and great supplements that occur. i think about the writing of the hert prairi

brent crude and wti pushing high. david: the dollar strengthened to a two-month high against the euro. and in macroeconomics founder ian shepherdson said it is time for the fed to raise rates and send the signal that the u.s. economy is healing. he joins us now. welcome to bloomberg go. we have heard the models are not predicting things accurately. you have a theory as to why that is. when the fed is so easy for so long and keeps telling us the economy is weak, it reinforces the signal that things are bad. that encourages people not to spend money. it encourages businesses not to spend money. you get lower interest rates for a long time and weaker growth. banks willing to lend money credit growth is quite strong. it encourages people to inflate asset prices rather than make productive investments. the misallocation of capital means lower rates don't transmit into stronger growth. david: if there were proper allocation of capital there would be more growth and more productivity. is this why we are not seeing productivi

liz: and i'm really looking at brent, brent appears to be on track for biggest weekly loss, interestingly enough in four months. certainly not helping, a diminish the fly factoror psychology of bringing the supply up. so far we don't hear of any real casualties, which is a good news, there is a picture for brent, up two-thirds of a percent. >>> we need to get you right now baltimore. there have been three fatal shootings. the breaking news is that the manhunt for the suspect is over. authorities report that the suspect was involved in three shootings in washington, d.c. the suspect is now in custody. here's the picture. so you can see that he's wearing what appears to be a beige shirt. these pictures are of the suspect in handcuffs. police announced the 62-year-old was taken into custody without incident. ordeal happens to be employee of the federal protective service. he was put on administrative leave duties after a protective order was issued against him. the first shooting occurred yesterday at a high school. the second occurred in a mall parking lot this morning and the third happene

brent higher by 1.8% as well. of course, investors continuing to watch the developments out of saudi arabia which has announced a major government reshuffle. the kingdom is replacing the energy minister ali al-naimi in the market since 1995. now ckhalid al-falih will be th new energy minister. he's expected to lead the sector as part of the country's post economic overhaul. he's already vowed to, quote, maintain stable petroleum prices. >> you talk about the move in the price of oil. it's also due to the wildfires taking place, the alberta wildfires continuing to put canadian oil crude supplies under threat. wilfred is at cnbc headquarters, and they are continuing, they are still blazing now. >> absolutely right, louisa. the massive wildfires in alberta have consumed 400,000 acres. they are looking a little more optimistic to get control of the oil sands region. more than 80,000 people have been evacuated from the canadian boomtown. the fire destroyed 1600 homes and buildings in the region so far. officials say th

if we look at oil, we have seen wti and brent gained today. goldman sachs is saying the market moved into a deficit earlier than expected. we are seeing oil climb. oil producers are taking advantage of the rebound to lock in protection against another slump. that is the impression we are getting. oil has been rising alongside that line. china being a focus, we have that retail sale data out on friday. the dollar hit a six-week high. today, we have seen some dollar strength and yen the weakness. the dollar up 1/10 of a percent against the yen. this trade is in focus as we get dataed minutes and gdp from japan on wednesday. falling with the fed, this is something you want to keep an eye on. the yield curve has been flattening in the u.s. the gap between two and 10 year yields is narrowed to its narrowest since 2007 on a closing basis. is this about investors moving further out along the curve, not just in the u.s., but globally? either way, important to keep an i am us. francine: thank you. middle eastern energy producers have had their ratings

joining us is brent wilkes, the executive director of the league of urban latin american citizens. what you know so well here, brent, is this is a big issue for the latino-american community here in the united states, when they hear the the word illegal in front of immigrant. >> absolutely is, richard. it's a per jor rative word. immigrants when they hear the the terms illegal alien they are offended, up set about it. words matter and it has an impact on policy, it's been poll tested that when people hear the terms illegal alien they are more likely to be opposed to immigration reform than if folks refer to undocumented immigrant and that's what this is about. >> and one has to think about just to go back a bit, and we have to go back to world war ii, we hear the word alien it reminds us of the japanese internment. >> it does. and it makes it seem like you're other, apart, you don't belong here. the fact of the matter undocumented imi grants have violated a law but it's not even a misdemeanor and so to call someone an illegal alien over that and make it sound like the whole person

brent crude titers $50 per barrel for the first time in six. shares of netflix surge on a report apple bought -- time warner. investors have a taste for shares of u.s. food. kickstart other kind needs into going public. one hour from the close of trading. let's head to her julie hyman has the latest. scope of those gains and losses are very small. if you look at the s&p 500, you will see what looks like some swings, but you are talking about narrowing of the index here. drop of volume going into the holiday weekend. we are not seeing that much on the big scale. material stocks are down as a group. financials as well. defensive groups are doing better today. that is the push and pull we are sector level. on the individual level, stocks facebook is higher as is apple and costco. companyising after the came out with earnings that beat estimates. antiscience yellen, regarding what they are expecting in that event? uptake -- uptick in bond yields. we heard was seemed to indicate the fed clearly saying the market is not pricing in as many increases a

. >> brent -- he is up front and sweet and not doing much to solve it but we have a hard worker they will be here through october. >> union goats. [laughter] >> i think you are right. it is not time. -- nap time. >> and went to college near central park i just loved it. >> imagine living here with the apartment overlooking prospect park only to be told to get out and they're indicating on the 23rd of this month that we are expected to be vacated but as far as i am concerned i am not moving. >> they are just two of the five left here at the residence the assisted living facility once home for 120 elders. >> why won't you leave? >> i am stubborn. >> they said the landlord announced the eviction two years ago when he said he is selling the building to a developer. >> that made expectation was to end my days here. with the rug was pulled out for under me i did not know that was going to happen. >> it was done secretly until they said they had 90 days to get out. >> the landlord is disease it was beechwood acquisitions and a lot of people are calling what he is doing an ethical stick you

just ask brent peterson. there is enough true stories year. you don't have to make them up. >> i wasn't bad eager to go there and the deep dark secrets. >>. >> they are not the only thing disturbing your commute. >> it is a ghost train. with a beautiful own train carriage. so maybe a getting haunted by this coast is not bad. >> it is said to the home to the escape artist harry houdini. they challenge him and say, on. so we are in the graveyard. >> i want to let you know, maybe i would have needed to hear this. and a large part of the east village in the 1600's. tell me are you able ivar? >>. >> i met this morning telling jokes on the radio with a reaction to be walking in the room. >> fox television. >> her show is on fox on the comedy club. >> of the trump christie took eight turn he took a turn to what can he said no oreos for espy will be breaking down the significance for the entire country this sunday at noon on my9. >> it is 16 years. are you kidding me? >> it is 16 years. are you kidding me? >> he could install your ceiling fan.ce said

david: i spoke with editor brent vegan. brett: do take your smart with you or leave them behind? david: what do you do about photos? brett: go to my friends. >> we recommended about a different things you might want to pick up that would make using a real camera a lot more fun. every thing from printers to little mini projectors. we recommended a $100 bullet camera, which is fun and comes with a lot of colors. there's a drone that we recommended. bret: we do recommend the fanny pack. >> you can put your passport in their, a point-and-click camera. it's revitalizing the idea of using your camera instead of your phone. >> there will be those who say i have to take my phone with me. you have a few apps. >> face tune will eliminate blemishes. there's an app with 75 built-in filters. if you are taking video, it will actually preserve the aspect radio -- ratio on your business. carol: the benefits and pitfalls of being a credit card turner. david: how to live large on the corporate card. carol: that's ahead on "bloomberg businessweek." ♪ ♪ david: welcome to "bloomberg businessweek.

brent burns. that one-knee shot. 6:48 into the third. predators hanging by a thread. james neil will take care of some flop. we've got overtime. in the first overtime period, watch closely. the sharks appear to be robbed of a potential game-winner. he shoved it in immediately and is waved off as goally interference. he was clearly shoved by a predator player. it doesn't matter. there's no rule to provide for that. the goally has to be able to do their job. it is still 3-3. they are well underway in the third overtime period. meanwhile, historically bad. the giants can spin it, sell it, but even the most casual of fan can see the last two spots in their starting rotation, frighteningly bad. tell you what, these folks were having a pretty good time in cinco de mayo. matt cane was in trouble from the get go. two-run shot. 12th of the year, and you haven't seen anything close to the worst of it and what happens to the giants. another homer. trevor story in the fifth inning. just a solo shot, but get this. a 13-run inning. most ever by a visiting team. a two-run double. th

brent -- brent topped the $50 level for the first time in seven months while closing in on west texas. not quite there yet. at least we weren't earlier. just below it. >> be the first time since october. i think this is the highest we have seen it -- we've seen it almost touching there. >> $49.89. >>> in the headlines. costco beating estimates in the latest earnings report. the warehouse retailer's revenue short of forecast and same-store sales flat for the first time in six years. food distributor u.s. foods trades today on the new york stock exchange. the initial price offering yesterday at $23 a share, within the expected range of $21 to $24. it will trade under the ticker usfd. private equity firm kkr may become an investor in takata. reuters reporting it's one of several p.e. firms being interviewed by takata as it undergoes restructuring. takata has been dealing with ballooning costs due to widespread recalls of air bag inflaters. >>> peter thiel officially confirming he has helped and was helping throughout finance hulk hogan's legal fight against gawker media. his first interv