here is taylor riggs. taylor: leaders of dozens of countries are in israel for the funeral of shimon peres. he helped negotiate a historic police agreement with the palestinians. the clinton was president then. israel'started life as brightest student, became its best teacher. in a state ofars constant wonder. -- constant wonder over the unbelievable potential of all the rest of us. president obama also spoke. he had a dynamic ideal. the u.s. is weighing its options to stop a bombing campaign by russia in syria. those attacks have left scores of civilians dead in aleppo. russia has ignored threats by secretary of state john kerry to suspend talks on a diplomatic solution in syria. congress having second thoughts about the bill allowing 9/11 victims to sue saudi arabia. paul ryan and mitch mcconnell say the bill could open u.s. soldiers overseas to retaliation by foreign governments, and they are willing to rewrite the measure. compass overrode president obama's veto of the bill. may isinister theresa findi

here is taylor riggs. taylor: the company that just became the biggest hotel operator in the world will thend its workforce in middle east and africa. hillary clinton and donald trump square off tonight in the first of the presence of the bait. inew poll shows them locked a two-way race. the poll has each candidate at 46%. when third-party candidates are included, trump leads. there are predictions that tonight's debate could be the most watched presidential debate ever. you can tune in here on bloomberg tv and livestream on twitter. coverage begins at 7:30 eastern on television.30 that is the business/. francine: thank you so much. reached a they shares new all-time low. thet to have you on program. what happens now? >> we are probably going to lurch from scioscia bank moment to deutsche bank moment. germany is distancing itself. if they were to pay, they would have to pay $34 million. this kind of uncertainty could go on for some time. tom: there is a rationalization going on. i will be blunt. we have se

here is taylor riggs. the bank of japan has shifted the focus of this monetary stimulus program. the central bank says it will move away from its target for expanding the monetary supply. it introduced a zero interest rate target to fight against inflation. it is another sign of how the presidential race has fractured traditional voting blocs. according to a poll, high income voters are narrowly supporting democratic candidate hillary clinton, who leads don't 46% to hillarygst house -- clinton -- terrorism charges haven't filed against the man accused of setting off bombs in new york and new jersey. a criminal complaint says ahmad khan rahami planned the attack for months, praise osama bin laden in a journal. he was captured in a shootout with police. british lawmakers warn the military strength alone will not be enough to defeat islamic state. parliament's defense committee says the uk needs a grand strategy to defeat extremists in iraq, syria, and beyond. the white house is charging the -- that russians

here is taylor riggs. taylor: u.s. prosecutors are trying to figure out how big a penalty they can impose on volkswagen without putting the company out of this list. authorities familiar with the matter say the government and vw are trying to reach a settlement on the scandal before the new president in january. the w -- vw has already agreed to pay more than $16 billion in the gay confines in the u.s. -- in litigation fines in the u.s. a deal ends two years involving caesars palace. isela merkel's government moving to quell speculation it could fail out deutsche bank. a senior lawmaker says it is unimaginable deutsche bank would be helped with taxpayer money. there are talks that germany's largest bank might have to raise capital. the u.s. government wants to find deutsche bank $14 billion. ne budgeting $14 billion. robert are speaking with feldman of morgan stanley in tokyo. he joins us in our studio. kate moore with us. dr. feldman, you are the leading english voice in japan. is it conventional economics of the bank

here is taylor riggs. taylor: u.s. and is back from thetion, and once again, bill to fight the zika virus. the republican-backed measure would appoint $1.6 billion to funds from cuts obamacare, and prevent planned parenthood from treating pregnant women. the u.s. will now help clear some of the unexploded bombs used during the vietnam war. that obama: our hope is this funding will market decisive step forward in the danger,rolling back the clearing bonds, supporting survivors, and advancing a better future for the people of loasaos. taylor: some 20,000 people have been killed or wounded since the war ended. syria has been accused of dropping a gas bomb on its own people. battling overare control of aleppo. hurricane newton has battered resorts in the baja california peninsula. power,knocked out shattered windows, and knocked down trees in the los cabos resort. at lose two people have been least two people have been killed. it has now been weakened to a tropical storm. global news 24 hours a day, powered by more than 26

i'm taylor riggs. this is bloomberg. francine? mike? michael: let's get you set up on the markets as we await mario draghi. if you look at equities around the world, not much going on as we wait for the ecb decision. the same is true in the bond market; little movement. that will all be about interest rate differentials. the euro base case gets a little bit weaker as the european central bank possibly does some more easing, and here's interesting -- oil. it's inventory day, pushed back because of the holiday in the u.s. on monday. private numbers suggest inventories have plunged, and we are seeing west texas intermediate up big. taking a look at the other boards, the two-year yield unchanged. that's the one where we watch to see what the fed does. not much going on. we will see how it develops. unchanged. australian dollar is the biggest mover against the u.s. dollar, because of improved trade numbers from china in gold. china is probably my top story. i want to show you the yuan. this is the big picture overall, it's my chart of the ho

i am taylor riggs. this is bloomberg. vonnie: taylor, thanks. let's turn back to our top story of the day, jobs friday. the economy adding 151,000 jobs last month, missing estimates. we asked mohamed el-erian with a report says. have a listen. mhoamed: clearly, job creation fell short and more important in my eyes is wage growth. i would caution, be careful because the participation rate signals there is not much slack left in the labor market. this is going to put the fed in a tricky position when they next meeting in september. vonnie: let's get more insight on what the jobs report says about the economy. isning us from uc berkeley professor harley shaiken who specializes in labor relations. the federal reserve is of two minds about how the market is doing. janet yellen thinks there is still slack, mohamed el-erian says there is little slack. from your vantage point and how healthy is the u.s. labor market? harley: i think the labor market is healthy. recent job numbers essentially say we are cruising

here is taylor riggs. the army says it and selected heavy casualties on militants trying to infiltrate india. no more attacks or plans. the attack was in retaliation for a deadly strike on the indian army earlier this one. eight and soldiers were killed. meanwhile, pakistan denied the indian forces staged a raid, saying they fired across the border. congress has top suspending the u.s. government shutdown through the summer ninth. it puts money forth to fight the repair floodd damage. they have a contaminated water crisis eight in a separate bill. it may hard brexit for the u.k. the eu government refusing to give u.k. any leeway on the link between immigration and trade as it prepares to leave the block. ireland's finance minister tells bloomberg u.k. cannot have the advantages of the eu without carrying out the obligations. and tomrancine mentioned, big cuts on the way at commerzbank, germany's second-largest lender. it will eliminate 9600 jobs and suspend linens. -- a dividends. profits have been hurt by

i am taylor riggs. this is bloomberg. .rancine: thank you so much we are just getting breaking news out of south africa. we have been talking a lot about south africa because the finance minister has been embroiled in scandals. we are getting some second-quarter gdp figures out of south africa, expanding an annualized 3.3% in the second quarter, better than economists had estimated. they were predicting 2.6%. the rand gaining a touch on the back of that. a lot of high-yielding i.e. the rand, rose earlier this morning on confidence that the central banks will go out of their way to avoid jolting financial so that coupled with better-than-expected gdp makes her a higher rand. it is a busy bank -- busy month for central banks. francesco garzarelli of goldman joins us with the very latest. great to speak with you. it is nice to get started for a september morning, the first tuesday of the month, it is going to be a busy month. what have we learned about central bank in action over the summer months. frances

tom: here is taylor riggs. taylor: law-enforcement officials say there is no indication that omicron ramani was part of a major network. he was arrested after being wounded in a shootout with police. romney was born in afghanistan is a nationalized u.s. citizen and traveled to pakistan twice in recent years. one of the most out speak in -- outspoken critics of the my than president -- 3000 people have been killed in less than three months since duterte took office. a wall street veteran who is president of peru is talking about a credit revolution. seven weeks ago and is making his first official visit to the u.s. this week. he sat down with tom keene. >> we are largely an informal country. a lot of small businesses outside the tax system, outside the credit system, we are going to change that and lower their taxes so they become part of the formal economy. there is going to be a credit revolution in peru that will give it a big push. i think you are going to see a lot of investment in the financial sector in p

this is bloomberg. ♪ taylor: i am taylor riggs. russia wants a compromise in a dispute with japan that stretches back over 70 years. at the end of world war ii, the soviet union occupied four small japanese islands. in an exclusive interview with bloomberg editor in chief john micklethwait, president vladimir putin said resolving the conflict should be part of developing a long-term relationship. mr. putin: several years ago, we discussed this topic, and we met him halfway. so in the past couple years, led by initiative from the japanese side, now our partners are showing willingness to return to this topic. we are talking not about an exchange, but finding a solution where neither of the parties would loose. taylor: president putin weighed in on the american presidential candidates. mr. putin: with all the shock tactics of not only one, but the other candidate, they are going the wrong way. they are very smart people. they understand they need to get people to listen to them. taylor: don't miss our special report on monday at 12:0

here is taylor riggs. taylor: donald has returned to form on immigration. in a speech in the next the republican candidate made it clear he wants to build a wall of the southern border of the u.s. and have mexico pay for it. he ruled out legal status for undocumented immigrants. will be nop: there amnesty. you cannot obtain legal status or become a citizen of the united states by illegally entering our country. taylor: earlier in the day, donald trump flew to mexico city ieto.et with president n british prime minister theresa may set out the first of red lines for brexit negotiations. she wants to end of the free movement of people coming to the u.k. from the european union and suggests she is willing to leave the u.k. single market. ,ince the start of the week 12,000 migrants have been rescued in the mediterranean. controls were tightened along the route from turkey to austria, so it only is the main entry point for migrants from africa and the middle east. singapore has its first case of a pregnant woman testing positive or zika. thee have been 100 cases

here's taylor riggs. tillich of the danish conglomerate -- taylor: the danish krone garment merck will split up. merck fired its ceo in june and considered -- the company says its energy unit will focus on strengthening position in the north sea. his chiefplaced financial officer. smith who isavid leaving rolls-royce. the company has been cutting costs because of the falling demand for engines powering jets. that is your bloomberg business flash. francine: let's take a look at brexit and the battle over london's role and euro clearing. london could be stripped of its ability to clear euro done nominated slumps after britain leaves the eu. the clearing of $570 billion of euro. let's get more from john the tree -- john detrixhe from berlin. what does it mean for the rest of the health of the city of london? john: that is the key question. the way people seem to be looking at this, our colleague gavin was talking to an executive about this. people are looking closely at what changes after brexit. what happen

i am taylor riggs. this is bloomberg. alix: david foley, blackstone .nergy partners' ceo he deployed nothing last year and did not find a dip or hype. this year here is committed $1 billion in the permian basin. is still with us. tell us your number one invest the opportunity now. david f.: we like buying long oil. lots of reserves in the ground. low breakeven's. you cannot get a bar again when it is producing. oil companies are restraining their cash flow. more tangible. it is also yield-oriented. in an era where sovereign debt is zero, yield, we think, is overbought. there are selling contracted assets. assets in the development phase you have to put in more capital for several years until you get a return. , as a drawdown capital fund where we have capital and want to deploy it without competing use, we are finding .ood opportunities especially in areas out of favor like the north sea. we recently made an investment in the mariner field. safe,t operator, reliable, and it has been under development si

i'm taylor rick perry's -- i'm taylor riggs. fromine: let's get more enda curran. to predict difficult what will happen on wednesday. enda: it's difficult because of this meeting we will get a policy decision and an things havef how been traveling from the boj corner of view. they've been working on this, and their expected outline. that will base the judgment on their decision. overall senses an of the market is not expecting shock and all, but there could still be more policy depth and a deeper negative rate or perhaps changes to the tenure of the bonds they are buying. francine: i'm expecting that review and negative rates on wednesday? is there concern they abandon it completely? i don't know if it's worse to see the markets seeing it as negative or if they abandon and it's a waste of money. enda: it's unlikely they would abandon it. has been standing firm behind this. it's possible to some economists and they even cut a deeper and take other measures to mitigate the negative in your -- never to -- negative impacts. of japan might start buying short of data bon

let's get straight to the "bloomberg's newsflash" with taylor riggs. taylor: the yahoo! data breach was worse than originally reported. the company says a hacker sold personal information of 500 million yahoo! users two years ago. yahoo! was tipped off in july when it received a report that a hacker with selling credentials on the black market. yahoo! is notifying those affected. facebook admits it has been telling advertisers users were spending more time watching videos than they actually were, which may have artificially boosted market spending on popular products. the error has been fixed and advertisers have been formed -- have been informed. that is your "bloomberg business/." tom: there are moments when the wind shifts. bring up the chart. i am sorry, francine, if this goes to the sky. i do not think it will get there. it will be interesting to see where facebook is in five years. this video-counting issue is a huge deal for digital media. with anublicists overestimation of 60% to 80% on video. this is a big deal this moment for digital. francine: of course it is

i am taylor riggs. this is bloomberg. david: i want to show you movement in oil this week over the last five days and speculation that at the end of the month, opec might come to some sort of agreement to curb production. down about 7% on the week. russian president vladimir putin sat down for an interview with bloomberg editor-in-chief john micklethwait, and he challenged putin on the statement that there would be a collapse in oil production. medical flight -- john micklethwait began by asking if he changed his view on a production -- oil production. president putin: if i said oil output would end, i was mistaken. i don't come it's true, remember where i said that. but maybe i just don't remember. i said new deposits wouldn't be commission at the oil price. certainly speaking, that is what has happened -- strictly speaking, that is what has happened. even surprisingly, our oil and gas companies are continuing to invest. in the past years, the oil companies have invested 1.5 trillion, and if you take the states investmen

check on theget a headlines with the bloomberg first word news with taylor riggs in the newsroom. taylor: hillary clinton says the fbi report on her private e-mail server has answered all the questions. she spoke to reporters on her campaign plane on route to tampa, florida. ms. clinton: the report answered all of this. the findings included debunking inflated conspiracy theories. taylor: while there were no startling revelations in the materials released by the agency on friday, the documents give context to james comey's assessment that the former secretary of state had been extremely careless in handling sensitive government communications. donald trump's campaign has released an open letter from retired generals and military officials endorsing his presidential campaign. overdueer urges a long course correction in our national security posture. dozens of republican national security leaders released a letter last month warning that trump would risk the nation's national security and well-being. president ise expressing regret over his expletive-laden tirade against president o

taylor riggs with more from the newsroom. >> president obama promising to work with the u.n. to tighten sanctions against north korea after another missile launch by the rogue nation. signaling it would redouble its efforts to choke off north korea's access to currency and technology during his historic is it to laos. president obama: we will work diligently together with the thatrecent u.n. sanctions are already placing north korea under the intense sanctions regime ever. we are working together to make sure we closing loopholes and making them more effective. >> mr. obama pledging $90 million to clean up bombs and other bombs during the war. the republican chairman of the house committee investigating hillary clinton's e-mail practices while she was secretary of state wants more information. representative is trying to find and others clinton working with her played a role in the deletion of thousands of e-mails by a colorado technology firm. by thes obtained associated press. donald trump is telling abc news releasereceive -- will full records if hillary clinton does. he s

we need to catch up on this morning's news with taylor riggs. taylor: hillary clinton is moving quickly to exploit donald's stumbles in the debate. the democratic candidate campaigned in north carolina seeking support from suburban women, middle-class men and young voters. meanwhile, donald trump says he did very well in the debate. when the civil war in syria appears to be getting worse, the u.s. will provide money in aid. the money will help united nations and independent charities offer independent care. millions of syrians do need that help. they are living as refugees in neighboring countries. americans tax collector will cut thousands of jobs because fewer people are filing paper returns. the irs is illuminating seven is eliminating 7 million positions. eliminating 7000 positions. global news, 24 hours a day. powered by our more than 2600 journalists and analysts, in more than 120 countries. $45 a barrel after saudi arabia signals it could compromise with iran on the future output agreement. we have stephen gallo still here. talk to me a l