the u.s. market is exceedingly important for german car makers b.m.w. mercedes and v.w. although the market as a whole is shrinking the german share of it is growing that means jobs in the three u.s. plants the companies employ a total of over forty nine thousand workers in production and the supply industries they make a total of one point three million cars a year the u.s. side in the talks will certainly be interested in the company's investment plans interestingly enough the largest b.m.w. plant in the world is in spartanburg south carolina where the company's already invested nine billion dollars and a further eight hundred million dollars are planned by twenty twenty one those investments could be reduced if import tariffs were imposed on b.m.w. autos brussels is determined not to allow talks between german companies and the u.s. government to undermine e.u. u.s. trade negotiations. this is not about some kind of trade as you questions of trade are dealt with by the european commission o

u.s./china talks, the current ones, and, of course, we have the looming brexit deadline on the 29th of march. now it's december, in which we get to pause for a moment and look both ways. hanukkah just passed, but judging from all the christmas tree lights around arlington, i would say that the whole business of lights is interdenominational and so is reflection. i would like to reflect on three things with you. first, the global business dialogue. second, diplomacy. third is friends. gpd has been a going concern for 19 years now, it's amazing to me. it was founded in the belief that trade policy is important. put differently, if economic activity is the clay of trade policy, then conversation is the potters wheel in which it is shaped. and for us, nothing symbolizes conversation more than a hot drink and given its special history in trade, tea is particularly apt. so that's why our logo is a teapot. but you can't do things like this without a lot of help. i can't thank everyone today, but

just but u.s. policymakers would fear is make their foreign policy a lot more independent of the u.s. . so we are already moving in that direction just because of trump's anti a. multilateralism anti. you know j.c. pos all those issues but it would make the the europeans i think feel that they can set their own. policies without necessarily reference to the us why does it bother trying so much then why isn't he thrilled about the european r.b.a. we having that would surely take loads of american military shoulders and isn't that what he wanted in the first place for a lot of even trouble. foreign policy elite. and the sort of talk of a european army appears to them as a threat to nato. there was a whole argument in the one nine hundred ninety s. when the european union. and others began to talk about a foreign policy european foreign policy or free and defense policy and people in washington reacted very strongly because the worry is that. europeans would to get together without the us make some de

of the u.s. congress what it needs for the first time on january third will what it means for the democrat and for president donald trump joined us for coverage of this historic shift in american politics the new hold on al jazeera. hello i'm sam is a than a welcome to counting the cost an al-jazeera your weekly look at the world of business and economics this week things to watch in two thousand and nineteen financial storms could be forming in the global economy kind out why and where what's in store for economies and people living here in the old dependent middle east. plus a look at what economic collapse means for venezuelans in the new year. when america's sneezes the world catches a cold so the saying goes when there's a perceived weakness in the world's biggest economy the ripple effect elsewhere now as we're headed into the new year global financial markets felt a chill all on concerns over the health of the u.s. economy the dow jones industrial average saw its worst christmas eve tradin

many of the u.s. soldiers in particular who worked at and we have since come down with illnesses that they say were caused by their work there. jim mandrel is one of those soldiers for years he suffered from a myriad of complaints he says a link to his service on in a way talk he had as go bladder out shortly after their. seventy pound tumor cancerous tumor in his abdomen i suffer from roughly four year forty five years old from the going to. us that is far more liberal of the watching good news the problem for former cleanup workers like jim enthrall is that unlike the other us soldiers involved in the atomic tests the government does not recognize them as atomic veterans this means the four thousand plane a bit friends have no special health care coverage many lumbered with crippling medical bills washington argues safety precautions on in a way top where exemplary workers radiation exposure fell below recommended limits and that their illnesses and the time they spent on and away talk and not linke

u.s. troooops from syriria in a movet shocked many in the region and in the political establishmement in washington. we will speak toto syrian-canadn writiter yazan al-saadi anand phyllis bennis of the e institue for policy studies. then we look at the growing scandals surrounding facebook. >> we did not take a broad enough view of our responsibility, and that was a big mistake. it was my mistake, and i am sorry. i started facebook. i run it. and i am responsible for whahat happens here. amy: eight months after facebook's mark zuckerberg apologized to congress, the naacp is calling for a weeklong facebook boycott for allowing russian trolls to target african-americans out of the 2016 election. we will speak with naacp president derrick johnson about facebook, about passage of an anti-lynching law, about criminal justice reform, and momore. all that and more, coming up. welcome to democracy now!, democracynow.org, the war and peace report. i'm amy goodman. on wednesday, president trump orde

the withdrawal of u.s. troops from the country visit weaken the political parties that support the u.s. presence in iraq. there's also confusion about what the u.s. policy in the region is of the trump ordered the withdrawal of u.s. forces from syria some fear the pentagon may well build up forces in iraq as a contingency for any future action in syria or a potential war with iran. iraqi politicians from all sides are now calling for a vote that ends the u.s. presence in iraq the largest bloc on the souther is now their nationalists the us president donald trump's visit to iraq may well have given them enough i mean nation to be able to win a vote that ends all u.s. involvement in the country iran can al-jazeera baghdad around two hundred people seeking asylum in the u.s. spent some of christmas in a parking lot in texas after being sent there by immigration and customs enforcement officials in el paso city the group including women and children with hundreds of other.

all u.s. aid on the continent will advance u.s. interests and help africa nations move toward self-reliance. our first priority, enhancing u.s. economic ties with the region, is not only essential to improving opportunities for american workers and businesses, but it's also vital to safe guarding the economic independence of african states and protecting u.s. national security interests. great power competitors, namely china and russia, are rapidly expanding their financial and political influence across africa. they are deliberately and aggressively targeting their investments in the region to gain a competitive advantage over the united states. from 2016 to 2017, china's foreign direct investment toward africa totaled $6.4 billion. over the past several years, china has devoted considerable state directed and state supported financing to projects in the region. and in the region. china uses bribes, opec agreements, and the strategic use of debt to hold states in africa captive to beijing's wishes and demands. its investment ventu

the u.s. and china at the g20 in argentina. on monday, global markets cheered the weekend record, which suggested the two presidents agreed to a 90 day tariff tax, but things changed the next day when doubts emerged over what the world's two largest economies had agreed on. we will set the scene with this report monday with michael mckee who was at the summit. michael: the agreement may be the best investors could hope for, but it doesn't necessarily mean big changes in chinese behavior ahead, particularly for tech. it is not even clear what was agreed to. the white house has a list of semi-specifics, including reconsideration of the qualcomm deal if the companies are interested and purchasing what president trump calls massive amounts of agricultural, energy, industrial, and other products. chinese officials haven't mentioned qualcomm and say only that they are "willing to expand imports according to the needs of the domestic marketplace and the people." no specifics on products. the u.s. adm

. >>> u.s. president trump and the first lady are over the atlantic at this hour heading back to washington after an entful day after christmas. for the first time in his presidency, mr. trump visited a war zone. spending time with troops and military leaders in iraq. he defended pulling the military from syria and said the u.s. cannot continue to be the worlds policeman. and he told the troops he came to share the country's gratitude for what they do. >> the other reason i'm here today is to personally thank you. and every service member throughout this region. for the near elimination of the isis territorial. in iraq. and in syria. two years ago, when i became president, there were a very dominant group. they were very dominant. today they're not so dominant anymore. >> now president visiting troops in a war zone that's not new. in fact president bush 41, clinton, bush 43 and obama all did it. and even though vice president pence visited afghanistan last year, this is the first time for presid

tonight the u.s. issuing an ultimatum to russia over nuclear weapons respect a landmark missile treaty within sixty days or we are out of nato members are backing the ultimatum accusing russia of violating a key nuclear missile treaty from the cold war also coming up france's prime minister backing down on a controversial fuel tax increase he says no tax is worth sacrificing the unity of the nation but so far his move has not convinced form chester's and jewish people around the world are celebrating hanukkah the festival of lives here in berlin holocaust survivors mark the day by sounding a warning about the rise in time some of this. time it's good to have you with us tonight the united states has given russia a deadline comply with a treaty on limiting nuclear weapons within two months or the united states will call it quits the u.s. and its nato allies are accusing russia of violating the landmark one thousand nine hundred eighty seven intermediate range nuclear forces treaty which is also known a

the u.s. customs and border protection commissioner says immigration authorities need more money for medical staff and more support for sheltering vulnerable children like philippe and check clean. now to some of the stories making news around the world russia has criticized an alleged israeli air strike in syria saying it endangered civilian air flights syria said it intercepted missiles on tuesday night independent observers say israel was targeting an arms depot used by iranian forces speaking at a military ceremony is israel's prime minister benjamin netanyahu did not mention the alleged airstrike but he said israel would never allow iran to establish a permanent military presence in syria. russian president vladimir putin says russia will begin to deploy a new hypersonic weapon next year this follows final tests of the new intercontinental off on guard system called a success he says the nuclear capable missile could fly it twenty times the speed of sound and maneuver up and down and they

the u.s. decision to leave syria was seen as a concession to turkey which has been angered by washington's alliance with the syrian kurdish armed group known as the white peachy turkey's president has threatened to cross the border offensive to target why peachey fighters inside syria. we know of none of these in the east of the euphrates in front of us they can do if they want they can go on the ground if they want when the time and place calm and they will be buried in the ditches that dug no one should this any turkish military move into syria will likely have to be coordinated with russia they will also have to discuss and decide if the syrian government or the turkish bacteria and rebels will fill the vacuum the u.s. presence in syria was militarily insignificant but it was a deterrent now will the white peachy fight to maintain territory or reengage with damascus to reach some sort of an arrangement to avert military action either by the turkish russian iranian and or syrian army's who c

the u.s. administration will spend 90 days negotiating unforced technology transfer, intellectual property protection, nontariff barriers. the chinese say president xi agreed to open markets and resolve the legitimate concerns of the u.s. there is no indication china will make any changes in its made in china to 2025 effort to lead the world in the technologies of the future. on the other hand, the u.s. made no concessions on exports to china of dual use technology with potential military applications and -- detailed review. ofn if there are 90 days negotiations, that hardly seems enough to make progress on complicated issues, which leaves analysts saying the countries kicked the can down the road. trade tensions will come back in 2019. only: michael mckee there monday. tuesday, the president posted tweets hinting he could extend that period of the taunt -- det ente, coming after more confusion on eliminating tariffs of u.s. made cars. told foxnews the deal isn't finalized, but he expected chi

and it is ththose u.s. bombs and u.s. coalition-led bomombs that pressure,ng enormous wreaking havoc on the people of syria. again, this is something spoken about eloquently. only look at raqqa in the other cities largely destroyed by u.s. bombing, after being under attack, both people and infrastructure of cities, by isis. this is not going to qualitatively change that on the ground. amy: "this is not going to qualitatively change things on the ground." andrew bacevich, for those who think the u.s.s. will not be involved in the bombing of syria, that it would make it more an air war along the lines of the u.s.-backed saudi bombing of yemen right now? >> i think she's makingng a gret point. you don't haveve to have troopsn the ground in order to engage in war. you don't have to hahave troopsn the ground to engage in wars that are stutupid and counterproductctive. we are far fewer troops in afghanistan today than we did in past yearsrs. trump wants to have even fewewer still.l. ifif i'm nott mistataken, u.s. airstrikikes i

in thet the comment made u.s. showed a willingness of the u.s. administration to find a to provide short-term relief in china and the situation is quite tense. we have seen new orders, pmi has dropped in china but as you china has a lever at their disposal to support -- to measure monetary policy being one of them. we have seen 100 basis points, which led to an increase in financing as well as local government issuance. should support the economy. not in the short-term, but sometime in the next year. fiscal policy will be a major theme in china next year with lower gdp and lower income tax. this should support consumerism going forward. anna: matt? this just underlines how important this trade dispute is, right? as the trump administration pushes on, it could really continue to hurt the chinese economy and how bad would that be for global growth? vincent: it has already been bad for global growth. a year ago, we were enthusiastic about the global economy, expect it istrend growth, but lower than expected carried in 2019, the consensus is that gro

the u.s. army central commander in the middle east michael x. garrick's went to riyadh's to urge the saudis to conduct a thorough investigation. donald trump told fox news that the saudi lets coalition in yemen didn't know how to use an american made bomb in the attack. and the un security council called for a credible and transparent investigation into the incident. we call on the saudi led coalition to conduct a thorough and transparent investigation into the incident what we want to see is a stop to the fighting what we want to see is stop to the humanitarian suffering we want to see is to civilian casualties members of the security council met and heard a briefing from the assistant secretary general on the recent attacks. which resulted in large numbers of civilian casualties including children they expressed their grave concern at these and all that the recent attacks in yemen. can be. managing a decade in a lot of. them are near. and no at the. end of the i. guess of us that i am by abo

and the u.s. senate has passed the funding bill to keep the government running for now temporary legislation was approved to avoid a complete federal shutdown after a deadlock over president transborder war it now needs support from the house an approval from the president president previously refused to sign a spending bill that does not include five billion dollars for a wall along the us mexico border. or the family of a guatemalan girl who died in u.s. border police custody is calling for an independent investigation seven year old jacqueline caro died from shock and dehydration the family says she was not given medical attention to spy feeling unwell she was then put on a ninety minute bus journey to a medical facility by the time she arrived she had stopped breathing and died. the constitutional standard is that there is a system of ready access to adequate care and mismanaging or denying in proper intake screening is a constitutional violation so we need an inquiry to look at the actions ta

u.s. to stay with us. by the sky nine information harbor or off the coast of the italian riviera. hello again welcome back to your international weather forecast well here across china the rain the snow the clouds are on the increase over the next few days lie here on the satellite image but the forecast maps look like this here on saturday a lot of rain down here towards the southwest even affecting parts of vietnam so there we could be seeing some localized flooding over the next few days so we will be watching that but as we go towards sunday a lot of that rain begins to push towards the east and so hong kong that also means you a cool rain at sixteen degrees up to the north shanghai rain turning to snow in the overnight hours a high temperature you of about ten degrees there well down towards the south heavy rain has been a problem for the last couple of days across parts of tight island as well as indonesia you can see that on the satellite image but we are going to see that rain real

u.s. stocks entered the session. coal in your stocking, u.s. investors. it was an ugly close. since 2008.week dow jones futures down 1.81%. 500 is losing another 50 points, more than 2%. it's down 17.5%. it peaked in september. dramaticq, that is a move. falling into a bear market officially. it peaked august 29. cusp.s still on the traders are talking about the stop. after such a severe you have the s&p futures 4/10 of aown nearly percent. we will see if it continues to .all maybe we will see a little stability here. so let's get on with it. let's get to the first word news. haslinda amin is joining us from singapore. kathleen, a number of people are now known killed in the indonesian synonymy. dozens more are unaccounted for. most of the victims were tourists killed by two giant waves thought to be triggered by a corruption in the nearby krakatoa volcano. italy has pushed a revised budget through the senate and now they have to go to the end of the year deadline. they are under pressure

a secret project by u.s. democrats to test online tactics that during a state election is revealed in a new york times report it is claimed they used the methods of an old adversary those much of a lot maligned russian bobs. and another hit for the trumpet ministration defense secretary james mattis announces he is stepping down just a day after the u.s. president surprised allies by saying he is withdrawing american troops from syria. are broadcasting live direct from this is our two international i'm john thomas certainly glad to have you with us our violence has erupted ad independence protests in spain's catalonia region more than sixty people have been injured including at least thirty five police officers as anger flared at rallies over a federal government cabinet meeting which had been relocated to be held in the city as a conciliatory measure. was . extra police were brought in and at least thirteen protesters have been arrested demonstrators threw rocks at officers started fires and built barricades

u.s. military. 8:00, barack obama and john meacham on the u.s.'s role in the world. people -- orpeople do not call moscow, beijing, they call washington. even our adversaries expect us to solve problems and keep things running. >> at nine, a conversation with entrepreneurs on women in corporate america. >> we know that networks tend to look female heavy. men's networks trot -- 10 to look men heavy. that might be fine out of school, who do you think winds with a network by the time you get to senior leadership? >> watch christmas day, on c-span. next, a look into antitrust and corporate competition laws and how they differ between the united states and the european union. judiciary a senate subcommittee held a hearing in the response to the recent fines against u.s. technology companies by the e.u.. the european union. we welcome each of you and we thank you for your time. we are grateful that you are willing to come and spend time with us today to educate us on these matters. the assumptio

well because the u.s. is using this ninety day trade truce to increase the propaganda war against china in a form of economic warfare and also there's no evidence of any of that stuff and this is a big problem when you have the u.s. government making these outrageous claims without any evidence to back it up and yet with a clear nach national and political political interest and whipping up a kind of domestic frenzy against china. the u.s. was correspondent angela merkel not so well but so might be the. right now the u.s. is is famous for its for its hacking and cyber surveillance of every political system in the world i mean so this is this is getting really out of hand and it's trying to be i must say deeply embarrassed scene for the u.s. on international economic stage but unfortunately i have to tell you speaking from atlanta georgia today that most americans are ready to believe anything bad about china because you have seemed to have cultural penchant to want to think there is a devil out there somew

the u.s. economy. theresa may could push back the vote on her brexit deal. but there is no room for renegotiation. pep talks in vienna. oilia holds back, slides. ♪ manus: welcome to daybreak. day two. today is more opec. who is holding out? is it the iranians? there is a fractured discussion . it endured yesterday. it lasted 17 days in 1986. have i packed enough? the haggling is serious. the saudi's are playing hardball. it is about getting from the ecstasy at the start of the week to the agonuy of the demolition in the oil market. nejra: no deal for the first time in five years. thee are highlights between and of saudi arabia russia. a big question over what the details are going to be. this is in terms of what would be neutral, bullish, and bearish. about i was thinking this. what does it take to reprice the market? oil at the five day moving -- move in oil. you have a net trade up by 56%. number ofa existential threats to the price of oil. one is the harmony of opec. two, russia. three, t

we begin the day with u.s. president drums announcement that u.s. troops are leaving syria the decision yesterday called almost everyone off guard from berlin to london to inside the pentagon and the white house the president's national security advisor john bolton was reportedly livid washington and its allies blindsided by trump yes but you would have to be blind not to see the immediate consequences a geo political reshuffling is taking place as we speak russia iran the syrian government and turkey are ready to fill any vacuum created by the u.s. exit israel reportedly feels abandoned by washington and without the cover of their u.s. allies the kurds in syria the fierce fighters who helped defeat isis are now sitting ducks if turkey decides to attack trumps snap decision has produced clear winners and losers a member of syria's parliament foreshadowed much of this just a few days ago take a listen. to some of the kurds who in the end are syrian citizens equal to any others are still betting on the americans. but if one draws lessons from history

u.s. markets with stocks falling sharply on thursday the dow jones dropped more than four hundred points on its opening that's a day off the rallies. largest ever one day point was the markets have been volatile over the last few days when stocks suffered their worst weekly full in a decade and continuing government shutdown under trade war between china and the u.s. all being blamed. iraqi m.p.'s have condemned u.s. president don't charmes unannounced trip to their country he visited the last said air base on wednesday in defended his recent decision to withdraw u.s. forces from syria while also emphasizing there were no plans to pull out of iraq politicians in baghdad say only parliament has the right to decide if u.s. forces remain imran khan has more from baghdad the u.s. president's visit to iraq was just three hours long but it has had an impact here in baghdad now there was supposed to be a meeting or a phone call between the iraqi prime minister. and president donald trump that did

they use saying that the u.s. is the epicenter of the global trade crisis now earlier i asked our correspondent my ass waiter what their opinion in washington was on that. well this is very typical trump style we see it in his political dealings as well as in his business dealings he likes to come into an established system and blow it out cause an earthquake so to speak which is exactly what we see him doing here and a lot of the current dispute seems to revolve around as we heard at the end there the what's called the appellate body which is the highest court within the w t o and in order to appoint judges to the appellate body every country must be in agreement as to who gets to sit on it and the u.s. has been basically blocking all appointments in an attempt to force well trade organization were form and this is then the latest explosion shall we say at the with indeed the us being the focal point here now the big problem here is that the world's biggest two economies the u.s. and china are at loggerheads alth

the u.s. and china has agreed to put the trade war on hold into the new year following this highly anticipated meeting between the two presidents, donald trump and xi jinping. the two sides emphasized a different results from that meeting. yvonne: it wasn't a joint statement. from the white house and the statement from the chinese foreign ministry both mentioned the tariffs pause, but that devil is in the details. statement did not include the 90 days deal. reconsidering the foreign ministry qualcomm deal. our executive editor joins us from beijing. spin this morning there at the capital? >> the emphasis from local media picture --g we have made an agreement decided -- we -- have made an agreement to sign an agreement. the u.s. has suspended any additional tariffs. this is a reflection of what the chinese feel like they have to play to the domestic body, in the sense that they cannot be seen to be buckling to u.s. pressure. onne: they have agreed to push this along, to kick the can down the ro

u.s. trading today. investors hope for an end to the turmoil in the american markets. we have green across our screens. remember, this is after the worst christmas eve in market history. let's get more on the markets. here's taylor rigs in san francisco. taylor: finally green on the screen as you knew with the s&p 500 over the last four days. you had a series of multiple percentage losses. finally getting a small rebound here today. you can can see the s&p 500 up about .5%. every sector as well in the s&p 500 is gaining. this is a very broad-based rally. certainly something that's helping boost confidence just a little bit. tech ail get to later. tech the outperformer. i want to switch over to the bloomberg dollar index. we had big losses on christmas eve after the bloomberg dollar index after secretary steve was -- in -- ma mnuchin mnuchin was calling c.e.o.'s. you are finally see a gain today on ott bloomberg dollar index trying to coim back. also having dollar strength relative to the y

and china or the u.s. and eu having a slightly positive prospect >> yesterday we had a rally, kind of conconstrained, not whaw expected thinking we had a cease-fire or truce but we probably neat to waed to wait a of days until the he said she said -- >> do you think that translates to the broader economy or just market reaction? >> yes for markets to actually recover we would need this truce to be more sustained not just -- we have a prolongation of 90 days. we could be sitting here again saying now it's the u.s. that is increasing the tariffs on china. only if we get an actual cease-fire that holds and actually a deal, i think then we would see some significant rebound in growth. the trade conflict is probably rather a proxy conflict for these two global superpowers fighting out who is going to be the first in the next second >> thank you very much very interesting comment at the end there. >>> the french government is prepared to suspend its fuel tax increase after weeks of violent protests several frenc

u.s.now the u.s. has -- telecoms are no longer doing business with huawei the way that they used to. they are not introducing huawei phones into their lineups. that has been playing out over the course of several months, if not longer. so it is really hard to separate the two issues, i think, in terms of our negotiations at a very sensitive time in trade talks with china. emily: ok, tom giles continuing to cover this story for us. thank you. now, gopro is trying to minimize the impact of having its products on any new tariffs list. they quantum move most production out of china by next summer. the cfo says, "today's geopolitical environment requires agility." coming up, uber and lyft have a file to go public, but who will get their first? a check us out on the radio on sirius xm. this is bloomberg. ♪ emily: lyft may have been the first a file, but it's bigger rival was there with it, apparently last week uber also followed for public offering, but unlike lyft it did not announce a publicly. over is

u.s. sanctions violations. >>> european stocks hit a six-week low with chip americas bearing the brunt of selling on the fear of huawei's cfo arrest could derail progress in the trade talks. >>> and europe's auto supplies index hits the lower point since 2016 with daimler at a five-year low over trade tension concerns. >>> good morning let's look at how markets are doing. u.s. markets were closed yesterday after president bush's funeral. overnight risk was really focused on these stories the story that the cfo of huawei, one of the largest tech companies in china, their cfo got arrested in canada at the requr request of u.s. authorities. that sent ripples through equity markets. the nikkei trading at the lowest several since october 30th chinese equities are trading lower as well. steep declines after the beginning of the week, we thought there would be a detente after u.s./china trade relations. after the arrest of the cfo, lots of questions about what that means for china/u.s. trade talk

look i think ultimately the winner and the loser are u.s. companies and u.s. workers and u.s. consumers let's remember tariffs are sensually a tax which is why they are generally disliked not only by economists but really by policy makers on both sides of the aisle and so each one of these tariffs is making products more expensive here to buy in the united states that's affecting companies that's affecting worked.

i want to go back and recap what happened in the u.s. session u.s. markets are closed today in memory of president bush i want to talk about some of the price action that happened in yesterday's market we saw a spike in volatility 800 points lower for the dow down 3% for the board. clean sweep. very, very heavy losses. a lot of volatility there in terms of the dow, caterpillar, boeing and apple had the most impact on that index back in october, again, we had what people were calling a shocktober, which saw s&p down 7% f.a.n.g.s lost market cap of about $1 trillion. some of these fears are coming back into the market we thought we were out with the more dovish powell and the trade truce, then you did get this technical damage that's because of what happened in yields. let's talk about yields and price action going on there. there are two things going on. on one hand we had a big rally so yeels moved lower we saw technical damage especially when the ten-year broke through 3% 2.92 is the number here. very quick to get through those levels people were ta

>> u.s. oil industry has outperformed just about everyone's expectations, even within the shale industry. they have outdone themselves this year. incredible how many barrels they have added, way more than the government -- ofy have this huge number drills in the world. most of the money has been spent on those. oil waiting to come out of the ground. not many companies will hesitate. guy: the waking within the s&p -- waiting within the s&p, the energy market and s&p are correlated at the moment. thank you. let's check in on the first word news with katie lyons. has claimed trump victory over isis in syria and the -- and told the coming onto withdrawal all american troops there. lead americanould kurdish allies in syria at the mercy of turkish drops who are considered terrorist. the u.s. is making a potential overture to restart talks with north korea. a new u.s. special representative says washington will review policies to provide humanitarian aid. they will discuss ways of getting nuclear ne

. ♪ u.s., sirius xm. this is bloomberg. ♪ emily: on the very same day that president trump and the chinese president xi jinping struck a milesin argentina, 7000 away, canadian authorities made an arrest that threatens to make the u.s. china conflict worse. cfo was arrested over the company's use of the bank to violate u.s. sanctions on iran. china reacted with outrage after the news broke her mending countries move to free her. it is hard to overstate the significance in beijing of her arrest. she is the daughter of the founder of hauwei, at the toina's move try to be self-sufficient. justin trudeau said canada was under no political influence with this arrest you read here to discuss, we have our next guest and mark gurman. sam, what you make of this. >> this is seen as a dramatic escalation from beijing. even though this is not directly linked to the trade war, it comes at a time of tremendous political tension between the u.s. and china. it certainly can make ongoing talks contentious. emily: this st

in u.s. tech firms with a total 16% off $11.5 billion, all technology deals that year. new the end of 2017, chinese investors participated in 69 deals. in u.s. based artificial intelligence technologies alone. 28,000 chinese foreign nationals studied at u.s. colleges and universities and chinese foreign nationals of all u.s.% graduate students in stem fields. the united states simply cannot tolerate theft of american intellectual technology as a means to achieve these objectives. front and will be up honest -- welcome and you are going to be honest anyway, but upfront with some of these problems -- and particularly with solutions. think you very much. cornynre i give senator a point of first privilege on this point, at 11:00, we are going to keep the meeting going as senator kennedy is going to preside so that i can be in the hatch givessenator his farewell speech to the senate. senator cornyn. senator cornyn: thank you, mr. chairman. i agree with every word that you when the ranking might --

so's the presence of u.s. troops for seventeen years thousands of american soldiers have been stationed in afghanistan now there are reports that may be coming to an end for a make near them we consider this good luck if they get lost and disappear from here would be very happy with. their own fourteen thousand u.s. military personnel in support an advisory role for more than two hundred thousand afghan troops but the u.s. numbers may be harped. we would be happy that u.s. troops are leaving if the f. kennedy forces were strong enough to defend us but unfortunately we do not have enough power to defend our country similar concerns were voiced three weeks ago by the general nominated to command all u.s. forces in the middle east if we are precipitously right now i do not believe they would be able to successfully defend their country prison ashraf ghani and his government remained largely silent in response with organics chief advisor did tweet most analysts believe that afghanistan would collapse with the depa

according to u.s. authorities the hackers targeted some of the world's leading corporations they breached the networks of technology companies and then stole secrets from their clients. or in this case is significant because the defendants are accused of targeting and compromising managed service providers or m.s.p. . in a species or firms that are trusted to store process and protect commercial data including intellectual property and other confidential business information. when hackers gain access to m s p s they can steal sense the business information that gives competitors an unfair advantage the attacks were allegedly part of a chinese campaign known as cloud hopper with the defendants working on behalf of china's intelligence service the managed service providers networks were infiltrated multiple times in breaches that lasted for weeks and months the deputy attorney general described it as part of a trend of state sponsored hackers breaking into u.s. networks more than ninety percent of the de

because u.s. officials have in recent months warned that their efforts at the development of hypersonic weapons systems that they lag behind those of other countries such as russia do you believe that. well again that's what you how you define hypersonic weapon or vehicle i mean if it's a warhead that i mean a modified seriously modified reentry vehicle attached to a stick misao medium range or an intercontinental that's one thing and that's. rather easier to make though of course there are very serious problems there too for the of a chronic components not to burn out because of the high temperature that they the chiefs while going through the dense atmosphere but if you're talking about kind of plane or some kind of flying vehicle that will have an engine and who fly at him for sonic speed in the upper atmosphere that's a much more difficult achievement and that's what there are am united states is basically working on because you know the shuttle was also returning from space it flew a hyper sp

the u.s.-china trade. given how much the suppliers rely on huawei as it relates at and equipment vendor, it is having a negative impact on tech. guy: i would like your thoughts on why you think this selloff happened. we did not get a big market reaction until the s&p 500 open in asia. sanil: possibly related to some of the closures in the u.s. yesterday and tensioning building. in particular, when we see high-volume come back into the market into an asian hour session, which is typically on an asian reopen not that kind of volume currently hitting the market. this the factis that the u.s. markets were closed yesterday and we reopened u.s. futures as asia opened. we have a big volume dump come through. they try and stop it with 10 second delays that does not do enough. how much is it yesterday closed in this mix? woo jin: it does not really -- sunil: it does not really have much of an effect when the volume is so large. on a technical basis, even the s&p futures breaking through the 200 day mov

u.s. defense secretary. at the end of february he said. he was more closely aligned to it comes a day after mr was withdrawing u.s. forces from syria. thousands of kurds in northern syria against the decision they want clear assurances from the u.s. led coalition after threats from the turkish president. to attack in the region. and the presidential election in the democratic republic of congo has been delayed until december the first. the president of the electoral commission said violence and logistical issues meant to stop could not be ready in time. now the u.s. has charged two chinese nationals of involvement in a massive hacking campaign the justice department's of the suspects on the to the chinese government passing away now from washington. at the justice department sweeping allegations against two chinese nationals accused of widespread hacking the victims included companies in banking and finance telecommunications and computer consumer electronics medical equipment packaging ma

control then u.s. led regime change is over as well the old politics of american imperialism as it is called as it was called to establish. regimes and governments that roundly. is also the second this but in fact this historical decision and connect to that is the transition to a multi-polar world why because the united states is not able this is acknowledged by their president he's not able to really change on its own so who leads the probe the political process here in syria and in the middle east right now it's a trio of russia iran and turkey and of course the main. wait in this tree your. it's for actors actually is the syrian government and the syrian people so that is a political process that is led by different actors and the united states is not one of them anymore so this is a transition therefore to a multiple or a world where other countries in the united states and hmong themselves corporate owned that their man their future so definitely the united states will of syria and this is the be

the u.s. government shutdown is set to drag on as the senate stalemate continues over funding trump's border wall project plus. a double suicide attack in somalia fifteen people including a journalist killed in a bombing near the presidential palace also. more violence in the french capital as police are targeted by anti-government protesters. the end of a chaotic week for the white house there's been a second resignation from u.s. president donald trump's administration the top u.s. diplomat in the global coalition against eisold brett mcgurk has quit over trump surprise decision to pull troops out of syria it comes hot on the heels of the resignation of the u.s. defense secretary james mattis who strongly opposed the syrian decision a state department correspondent rose jordan as more u.s. president daal trump made two major foreign policy decisions this week he said he's pulling seven thousand u.s. troops out of afghanistan and trump is pulling out all two thousand u.s. service personnel fr

u.s. national security interests. in africa. and china's influence on the continent and the u.s. national security advisor america's previous approach in effect. russian national. who is accused of spying in the united states pleads guilty to failing to register as a foreign agent. jewish protesters clashed with police in the west bank demanding a key motorway be closed to palestinians israel. to i.d.f. soldiers were killed. and if. on its promise to push on with a high spending budget it rejected by brussels revising its plans in a bid to avoid. a welcome to the program here on international we come to you live from moscow as the new. stories but this. america's national security adviser has branded russia and china his activities in africa as a predatory practices john bolton was unveiling a new u.s. strategy for the continent which he claims is aimed at the prosperity and goodness of the african nation across the continent russia advances its political and economic relationships with li

the u.s. is steady. with opec in the example, you have 28 million barrel build year on year. 20 million of that has come from iran. it comes down to the distilling down to country level and tank level, to be able to look at where are the draws and where are the builds? that is the interesting thing we have seen in the past few months. going back to the fall around september, we were looking at an incremental continued build. the market was saying you would have continued draws. there is a big delta that is developing here from a latency effect. you can either trade off of that well or have an exposure. we have seen that pattern, these divergent builds versus draws and to be able to help people distill that down. alix: andy, using your expertise in the market, does a 1.2 million barrel per day cut next year do it? andy: that is the important question. you had opec cut by 1.2 million barrels per day. you have other things going on as well. on the negative side, there are headwinds regarding demand. worries

the lower house of the u.s. congress has approved a spending bill with more than five billion dollars for president trump's proposed wall along the border with mexico that now needs to get at least sixty votes in the senate to pass a temporary funding bill must be approved and signed by midnight on friday to avoid a government shutdown bill schneider is a political analyst and public policy professor at george mason university he says that a government shutdown is putting president trump in serious political trouble. republicans have control of the house now they will lose it in about two weeks when the new house takes over that will be a democratic house this is a final statement by the republican house in support of the remember these are a lot of defeated republicans who might like to come back some day and they can all go argue those who were defeated if they come back they can argue hey i got liver for president shrub you should vote for me to come back to wall seemed to be closing in the mall or investigat

the u.s. president has blamed the rival democratic party for philippe's death as well as that of another guatemalan child in u.s. custody this month donald trump criticize what he labeled the pathetic immigration policies of the democrats he says the flow of asylum seekers from central america would stop if they approve funding for his border war. well migration was a key part of the whole troll presidential campaign and it's inspired to do feature heavily when he heads out on the trail next year as part of our series looking ahead at what we think will be major issues in two thousand and nineteen can we help that report so what else we can expect from the white house. in the u.s. election season begins very early. i am a socially running i'm running for president i am a candidate for president in twenty one thousand the campaign for the white house will officially begin expect a crowded field of candidates on the democratic side as they try to take back the presidency from donald trump in two

the u.s. side is making groundless accusations against china on cybersecurity by fabricating facts and making up a story out of. the u.s. is charging two chinese in the name of so-called cyber theft this move seriously runs counter to the norms of international relations seriously harms china u.s. cooperation and is in essence extremely nasty china is resolutely against this and has launched stern representations in the first instance how to go in as one from washington d.c. . at the justice department sweeping allegations against two chinese nationals accused of widespread hacking the victims included companies in banking and finance telecommunications in computer consumer electronics medical equipment packaging manufacturing consulting healthcare biotechnology automotive oil and gas exploration and mining the government says the hackers were able to get into the computers of nasa the energy department and the navy stealing the personal information of one hundred thousand sailors they wouldn'