markets, the increasingly important role of u.s. liquefied natural gas as well as the competitive outlook for elegy. america natural gas production has literally change the game, we say that a lot around here about that, but, it has been a game changer. our production has started to the levels that many never even thought possible a decade ago. this in turn is boosting our economy as well as our national security. it is providing a long-term low- cost low emissions source of energy for our manufacturers and residential consumers alike. we have such a massive resource base and that we can send substantial values abroad. we are now leading the world and natural gas production, hopefully soon we will also lead in exports. mobile demand for lng, we know is increasing. more u.s. lng export facilities are coming online and more of our friends and allies around the world are building import facilities. for the first time since the 1950s we are now a net exporter of this abundant resource and our production is driving the formation of a global market for natural gas. again, the dynamic around nat

this hesitantly newsline from berlin pending response the u.s. calls on european allies to join a naval security mission in the persian gulf washington makes a formal request to germany france and britain to secure the strait of hormuz brillant as cautious saying international approach to solving the crisis is essential also coming up remembering the boy who died when he was pushed under a train in frankfurt authorities say the man suspected of the crime will be examined for mental health problems. only lock it's great to have you along every one the u.s. says formally call to on germany france and britain to help provide security for shipping in the strait of hormuz while the street is a strategic route for about a 5th of the your world so oil relations between a tehran and the west have deteriorated significantly after the u.s. a last year pulled out of a landmark deal designed to a limit iran's nuclear program a recent series of a tit for tat to tanker seizures has ramped up tensions in the region and germany now says it favors a moment see national approach to protecting shipp

check of how the markets closed tuesday session in the u.s. the s&p 500 closed at the highest level in more than a week, up 7/10 of 1%. rising for a second consecutive session. we have some strong earnings coming from the likes of coca-cola, united technologies. not to mention lockheed martin. we also had investor confidence that a deal would be struck when it comes to suspending the u.s. debt ceiling. in the afternoon session, we got news that ambassador lighthizer could be going to china next week for the first high-level trade negotiations since may so that really spurred investor confidence. the dow gaining 7/10 of 1%. almost every sector in the green in the s&p 500 and hit higher by industrials and materials. the nasdaq gained 6/10 of 1%. although in the after hours session, u.s. futures down 1/10 of 1% so we will see how we are setting up her asia. sophie: asian stocks are eyeing a mixed start, while initial currencies will have a stronger dollar to contend with. cost speed resilience will be tested amid a murky outlook for the tech heavy economy. cracks in the iron ore rally, su

next, a discussion on trade policy and future discussions between the u.s. and the union.n . the featured speaker is a brexit negotiator who also serves as director general of trade for the european commission. william: welcome, everyone. i am glad you are here. it is a great honor for me to introduce savino -- weyand, who is the new director general for trade in the e.u. -- in that you commission. she took over the position a month ago and this is her first in washington. csis is happy to have her here to make some open remarks, then she and i will have a conversation that will touch on a number of issues. then we will open it up for your questions. land for trade. prior for this, she was the deputy chief resident negotiator for two and a half years, which had to the one of the difficult jobs in the e.u.. i told her that if we invite her back a year from now, we will ask her who was harder to negotiate with, the british or the americans. i am sure we would get a polite historybut, she has a in a number of positions of significance inside the european commission. as i said earlie

limit. it may push the u.s. deficit over $1 trillion. the bank of japan governor addresses the imf in washington. he says he is watching global developments closely. silicon valley chiefs head to the white house for talks that may lead to the easing of the sales blockade on huawei. shery: we will have more on that big tech meeting in washington and what this could mean for the huawei been later on bloomberg technology global link. first, that get you started with a quick check of how the markets closed the market session. a positive session for u.s. stocks. we saw the s&p 500 gain ground, up 3/10 of 1%. a couple of analysts calls, including one on apple, with morgan stanley boosting its price target. that actually made apple rally and the biggest winner on the nasdaq. micron finishing more than 3% higher after goldman sachs listed it to buy from neutral. we also have some positive news on the u.s.-china trade front. there could be talk about a potential deal in congress on raising the debt limit, that came after the market closed with president trump saying a deal had been reached.

live report from beijing coming up. >>> from one trade deal and fight to another why the u.s. could hit europe with more tariffs and here's a hint, it has to do with a big old jet airliner >>> opec agreeing to extend production cuts. up next, key meetings between the cartel and russia. >>> plus nike is pulling a sneaker featuring an early american flag after colin kaepernick complained. those details coming up. it's tuesday, july 2, 2019, "worldwide exchange" begins right now. ♪ >>> good morning welcome to "worldwide exchange." i'm dominic chu. brian sullivan is reporting from opec in vienna we'll hear from him in a moment. first let's get you up to speed on what's happening with the markets. futures pointing to a modestly lower open right now if these futures losses hold into the start of regular trading, the dow would be off by 52 points. the s&p down by 5. the nasdaq down by 23. treasury he yieyields also in fa global yields take a leg lower the ten-year 2.01% here. two-year note yields, 1.77%. let's go worldwide asian trade probably a little bit more mixed the nikkei in japan

for the main focus during the session was on the very strong u.s. labor report. 224,000,ayrolls rising leading expectations to pare back some of the fed rate cuts. you have treasury yields, 10 year yield also retake the 2% and u.s. stocks falling from record highs. let's see how u.s. futures are looking unchanged. see how the asian markets are shaping up. sophie: futures are looking at a mix of potential gains in tokyo but we could see declines in kiwi stocks under pressure but marginally to the downside. asian stocks could take cues from wall street action after the u.s. jobs report. speaking of jobs, deutsche bankers across the region will learn their fate after the board decided to shut down its equities business. mind, southo top of -- to discuss japan's export curve. let's get a quick look on the lira area we did see it slide as much as 3.5% after her to one -- after president are one -- reading the 582 handle against the dollar and threatening the currency. thanks very much. let's check in on first word news with lindo wing. -- selena weighing. reporter: the conservative d

u.s./saudi arabia relations. >> while remaining safely to different value systems, under the current leadership of both countries, these tensions have been brought into sharp focus. the nature of our military cooperation, human rights violations, addressing regional bad actors and more demanded tension and change. tose issues are from form dispassionate view and we are fortunate to have an experienced group of panelists today. they affect the approach to saudi arabia, it's relationship and future. before i turn to today's program, i want to say a few words about the council. the council was established in 1981 for the purpose of promoting dialogue and education. we have three flagship programs. our quarterly, capitol hill conference, a quarterly journal, middle east policy which jesses wrong reputation and can be found in 15 dozen libraries worldwide. our education outreach program. it provides educational resources in the middle east, targeted to students and teachers. visit us on our website. at teacheach program mideast.org. today's event.to this program is being live stre

technologies, not to mention lockheed martin beating expectations. we got news u.s. negotiators were headed to china for the first face-to-face negotiations since may. u.s. futures under pressure, down 0.1%. taking a hit after hours after reports they would be facing more antitrust scrutiny. let's see how we are shaping up in asia. pointing to a mixed start as investors consider the warning on global growth with china receiving a global downgrade. even as we have optimism around the u.s. china trade talks. the boj expected to downgrade some projections as well as lower inflation forecasts. pmi datapanese flash and earning seasons taking off in earnest with names reporting in south korea. of updates from aussie companies. 64.4.lia's flash pmi, >> think you very much. let's check in the first word news. on the first word news. >> the u.s. justice department looking at whether companies are harming competition. they will express -- address concerns people have expressed about social media and online retailers. it is the latest sign of official scrutiny by washington. facebook and g

and rubber bullets at protesters. this week, u.s.-china trade talks are set to resume in shanghai, the first since discussions broke down almost three months ago two days of talks are scheduled to begin after presidents trump and xi reached a troop at the g20 although deep tensions remain. neither side seems willing to compromise. the u.k. is deploying destroyers to the strait of hormuz, which will operate alongside another royal navy ship amid heightened tensions in the gulf, this coming as i ran and european powers discuss the 2015 nuclear deal stop you may remember the u.s. abandoned it last year. plans toicking to its have big multinational tech companies in defiance of president trump's suggestion that he may impose retaliatory tariffs on french wine. the french finance minister says they are "completely different issues" and shouldn't be lumped together. president trump says he plans to nominate a loyalist as director of national intelligence. texas republican will replace dan coats, who announced he will be leaving the office on august 15. the u.s. treasury department is ex

natural gas exports in the global market. witnesses and discussed the recent close of u.s. natural gas exports of the economic benefits as well as concerns in international markets including energy relations with china and russia. the senate energy and natural resources committee held this hearing. >> morning everyone the committee will come to order, we are meeting this morning to examine the evolving global natural gas markets, the increasingly important role of u.s. liquefied natural gas as well as the competitive outlook for elegy. america natural gas production has literally change the game, we say that a lot around here about that, but, it has been a game changer. our production has started to the levels that many never even thought possible a decade ago. this in turn is boosting our economy as well as our national security. it is providing a long-term low- cost low emissions source of energy for our manufacturers and residential consumers alike. we have such a massive resource base and that we can send substantial values abroad. we are now leading the world and natural gas p

nuclear deal. also to come social media giants are getting ready for the 2020 u.s. elections with facebook creating special groups to monitor hate speech infalling to ban content that tries to pull people off voting. and the british home office sparks anger after suggesting that trafficked women from nigeria can go on to lead wealthy lives back in africa after working as prostitutes in the u.k. . good morning welcome just going to 8 o'clock here in moscow you're watching international donald trump has lashed out at iran after it exceeded the amount of low enrich uranium it's allowed to stockpile under the 2015 nuclear deal monitored operator as i have been informed iran has crossed the 300 kilogram limit based on this plan earlier we had announced our plan to exceed the limits therefore based on our previous announcement we made it clear what we were going to do we see it as a right based on the way. you know what to do you know what they're playing with and i think they're playing with fire. well the tribe of ministration has vowed to apply maximum pressure on iran over its nucle

u.s. was behind the failed coup prosecutors say the military officers they want to arrest of have links to him so far 77000 people have been jailed. so the headlines keep it here the stream is next. defiant iran says it's exceeded its uranium enrichment account but european signatories to the nuclear deal say terran should stick to its commitments so what incentives are they providing and can europe save the agreement this is inside story. hello and welcome to the program i'm mr a iran is fed up with just talking and once action that's the islamic republic's message to the remaining signatories of the 2015 nuclear deal particularly the europeans tehran's warning that it's ready to act more decisively on its commitments under the agreement iran has already passed the 3.67 percent uranium enrichment cap set by the pact and couldn't reach even higher levels possibly upping them every 60 days but the country has said its actions are reversible if the signatories fulfill their obligations and that it's open to talks dosage of our reports from tehran. it diplomatic advisor to french pre

to keep going. european futures are lower after u.s. indices hit fresh record highs on monday. will the rally continue if bank earnings disappoint the cash trade is less than 30 minutes away. ♪ >> expect a call on trade. steve mnuchin says he may had to beijing of trade talks aren't productive. this as europe's braces for u.s. tariffs on $7 billion of goods and legal aircraft subsidies. trading revenue will be the talking point for goldman sachs and jp morgan as they report quarter results. we will hear from the cfo, john shrewsbury. and buyers reprieve. the german company's legal payout over its second round up by $55 million by u.s. judge. there are some harsh words in that case. >> he called their behavior reprehensible. --ant to talk about bitcoin everyone has harsh things to say about bitcoin, from president trump to his treasury steve mnuchin, saying it is only backed by thin air. on can see it hit 12,000 friday and just dropped over the weekend, trading now a 10,700 between four dollars. one of the problems for bitcoin is that a lot of people have bad things to say about fa

>> b britain's ambassador to the u.s. resigns after criticizing the trump administration, triggering a diplomatic dispute. ♪ this al jazeera live from london. scorn on theurs call at the meeting of the u.n. nuclear watchdog. breachehed ans it has arms embargo after its missiles are found in the hands of a warlord. and. a generationating of children that will never forget what we did to him. >> condemnation of the treatment at children at the u.s.-mexico border. ♪ >> hello. u.s.in's ambassador to the has resigned, saying it is impossible to stay on after president trump said he would no longer deal with him. he described the trump administration as clumsy and inept. we have this report. >> there is no precedent for this. senior diplomats forced from office after an attack on his credibility. >> prime minister. >> the prime minister and leader of the opposition expressed which you can only call thinly disguised outrage at what is seen as an assault on the integrity of the u.k. diplomatic service. >> good government is diplomatic services giving good and frank device. i

from this was the fact that the u.s. is undermining global stability i'd like to examine that. saying with you in what way is the u.s. on so many global stability according to this white paper in this report. yes so in beijing's view the u.s. is pursuing what it what it called hedge monism so essentially security a security at the cost of others and being able to exercise a degree of power that is seized as illegitimate. but also in the region in beijing's view that the united states is increasingly antagonistic towards beijing whether that be in the south china sea a with reference to taiwan and indeed rain foresman of the us alliance networks and deployments and other forms of intervention in the region and beyond its unilateral ism as well. in henchman up its military capabilities so all of that threatens beijing and is perceived by beijing as potentially threatening of its national interests at lawrence korb which here are with the u.s. except these arguments that it's america that. might in global stability now obviously the united states feels that it's in the region bec

officials testified at a senate agriculture committee hearing on how global agriculture rockets impact u.s. farmers. they also talked about the us- mexico canada trade agreement and potential trade deals with other countries. the hearing is one hour and 45 minutes. >> good morning. i call this meeting in the senate committee on agriculture forestry to order. the ambassador doud, mckinney and johansen we are happy to have you back again for the committee to discuss the need for certainty and our global agriculture markets. international trade policies and their impacts on the united states agricultural economy. has been a topic of great interest over the last few years. and more particularly the last few months. in fact, it is the second time in the last year we are hearing about the efforts being made at the office of the united states trade representative and the department of agriculture. i hope eventually it will result in a long-term, reliable markets for the united states agriculture. a great deal has happened in the nine months since you all appeared before this committee perhaps the

deal. from tehran with more. the u.k. ambassador to the u.s. set to resign. sparks flew across the atlantic slammed theump ambassador and theresa may after leaks called the president's administration inapt and clumsy. the french government debating a new law today, the move the french economy awaits on single use plastics and other products. you to the new super ports in morocco, aiming to become the first stop for ships arriving to the mediterranean. we will look at games in the african cup of nations. that coming up. first, our top story live from paris. the top diplomatic advisor for the french president is in iran today to help save the 2015 nuclear deal. the u.s. wants to form a military coalition to protect the waters near iran. iran has been spiking up its uranium enrichment in response to sanctions from the u.s. european powers have been urging iran to reverse that move. iraran. live to >> we mayot be able to get spececific details of his visit today. he is here as thehe envoy to emmanuel macron. the litittle informatition h have, we cocould glean a lite of whais h happenin

. the u.s. says it is working to form a military coalition to protect shipping waters off the coast of iran and yemen. elephant oh how everyone i'm come on santa maria and this is the world news from al-jazeera the diplomatic row between the u.k. and the u.s. continues president drum calls the u.k. prime minister foolish and the ambassador stupid. china demands the u.s. immediately cancel a $2200000000.00 sale to taiwan and how france's environmental ambitions will see travelers paying more to fly out of the country. so the u.s. says it is attempting to form a military coalition to protect shipping off the coast of iran and yemen they trumpet ministration has blamed teheran and its proxies for several attacks on tankers in the gulf in the past few months remember a 5th of the world's oil is traded through the area. i know they're a commander in iran's revolutionary guard issued a new threat against u.s. bases and aircraft carriers in the region saying they would be destroyed if they made a mistake iraq's prime minister of those says any disruption to shipping in the strait of hormuz

next 60 minutes outrage in beijing is the u.s. approves a $2000000000.00 weapons deal to taiwan plus. it's been really a great honor to work with my friend the strengthening of time between the u.s. and qatar as the country's leaders hold talks at the white house and sign military commercial agreements. the conditions are appalling that the u.n. says human rights chief describes housing for migrants and refugees in u.s. detention facilities of the mexican border. i'm barbara starr in london with the top stories from europe including a foolish and failed president trump launches a tirade against u.k. prime minister to resign may as the diplomatic route one leaked memos ramps up a notch. in sports arena williams is through to wealth wimbledon semifinal williams beating alison risk in 3 sets to strike on course for a 24th grand slam talk. china is demanding the u.s. council's a $2200000000.00 weapons deal with taiwan hundreds of men. aircraft missiles and the fleet of abrams tanks would be sold to taipei under the deal beijing insists it's a gross violation of the one china policy that'

, u.s. and china trade talks will resume after a two-month pause with little hope of a picture in shanghai. -- breakthrough in shanghai. we are joined by the wells fargo investment institute cohead of global fixed income strategy. i know you work global, but i have to start with u.s. morgan stanley this morning is saying we should cut by 50 basis points. where do you stand? >> extreme views. by more than one is expected, and the other is to go the opposite way. the fed is built into the markets and execution that there will be a cut. it would be unfortunate that they do not deliver on the cut. expected and from our perspective, we think there will be a cut. we think it will be one more cut but not as much and market has gotten ahead of itself. taylor: is the fed data dependent or are we racing to the bottom? george: hopefully they are more data-dependent. the important thing is why are they cutting and what is the goal behind that. our concern is that really does not cut needed at this point. if you look at the data, employment itself is better than it was last year when we were r

and. the u.s. says it's working to form a military coalition to protect shipping waters off the coast of iran and yemen. hello i'm daryn jordan this is live from doha also coming up a diplomatic route between the u.k. and the u.s. continues president from calls the british prime minister foolish and labels ambassador stupid. china demands the u.s. immediately counsellor $2200000000.00 sale to taiwan. on the internet finally get switched back on in savannah month after the military crackdown that killed more than $100.00 people. the u.s. says it's attempting to form a military coalition to protect shipping off the coast of iran and yemen the trumpet ministration has blamed terror and on its proxies for several attacks on tankers in the gulf in the past few months a 5th of the world's oil is traded through the area only a commander in iran has revolutionary guard issued a new threat against u.s. bases and aircraft carriers stationed in the region saying they'd be destroyed if they made a mistake you know iraq's prime minister says any disruption to shipping in the strait of hormuz

currency manipulation game." will the u.s. intervene in the fx market? font yields slide across the region. where mark mobius is putting his money. in stocks, and by the way, gold. think about it. if you are not getting anything in the bank at these low rates, it makes sense to have gold in your portfolio. anna: missing out on the everything rally. boil weakens and iron ore slumps as much as 4% in singapore amid supply concerns. watch miners at the start of european trade. we are less than half an hour from the start. welcome to the market open. we are without the u.s. today, independence today. let's look at where futures put markets on european trade. lackluster in comparison to stateside yesterday but we joined in with some of the rally in europe yesterday. cac futures, ftse futures, dax in the green but not by much. be aware of low volume. happens with low-volume. in the asian session on the bloomberg, giving us a picture on the gmm function. volume pretty low, investors thinking about the record highs we have seen on stocks in the united dates. also thinking about the b readth

lower rates for the first time in a decade as the global slowdown overshadows a strong u.s. jobs market. pressure on paris. washington launches an investigation into plans to tax big tech which could mean tariffs on french goods and services. and the u.s. has just weeks to -- the task is proven near impossible. impossible.ear shery: equity markets near record highs with the s&p 500 at one point top and 3000 for the first time ever. industrialsnd weighing on the index. the focus was entirely on chairman powell's testimony in congress which suggested a july rate cut was on the table. not to mention we got the minutes from the june meeting. that also showed a dovish turn. followed that was factored into the markets in this session. of course we are not done yet. chair powell testifying again in congress tomorrow at the senate banking committee this time on thursday. and we also have the ecb minutes out not to mention u.s. inflation numbers. for the time being, asia futures -- s&p futures holding study. let's get a check of how markets in asia are shaping up. sophie: this thursday as

welcome you watching our international that making history donald trump has become the 1st u.s. president to enter north korea the north korean media and trump himself that the meeting an amazing event the reaction back home was far more muted if not outright critical vague talk about talks while kim continues to develop nuclear warheads and missiles seems like this gigantic p.r. stunt in trenches and embellish is authoritarian rule without any real meaningful strategy for denuclearization out president shouldn't be squandering american influence on photo ops and exchanging love letters with a ruthless dictator instead we should be dealing with north korea through a principle diplomacy that promotes yes securitate defense how allies and uphold human rights i have no problem with him sitting down with kim jong noon in north korea or any place else but what's going to happen tomorrow and the next day if we're going to bring peace to this world we need to move forward diplomatically and not just a photo opportunities. well after crossing the demarcation line here between the 2 kor

conditions at the u.s. detention centers along in mexico border. americans is never the right way to produce a better environment or a better autonomy. donald trump tells his record on the environment and slams the paris climate accord. hello we begin with breaking news out of hong kong where the territory's beijing appointed leader has announced that a controversial extradition bill is dead kerry admitted that her government's work on the pros law had been a total failure the bill would have allowed the extradition of criminal suspects to mainland china anger over the bill led to one president at protests and earlier this month hundreds of people broke away from peaceful demonstrations and stormed the city's legislature building where we live from hong kong with our reporter just a moment but 1st let's hear what kerry had to say. but there are still the ring dollars about the government sincerity all worries whether the government will we start the process in the legislative council. so i retreat here. there is no such plan the bill instead let's get reaction from hong kong and b

react iran wants europe to shield it from those u.s. sanctions and europe as promised to do that but so far that promise remains more theory than practice and more no we have no hope and no trust in anyone or any country but the door of diplomacy is open a lot with diplomacy because research is one sneak it in foreign to us not to get lost in process what is important is to get iran to abide by the agreement again so i. won't we regret that iran has announced a further reduction of its commitment to the comprehensive agreement on the iran nuclear issue. we will continue to oppose a rans malign influence we will continue to bring pressure on their economy and under president donald trump america will never allow iran to obtain a nuclear weapon. are well joining me tonight is someone who knows the ins and outs of the iran nuclear deal ellie garonne my a advised european governments as the james c.p.o. way was being negotiated she's a senior policy fellow with the european council on foreign relations and she joins me tonight from london aliens good to have you on the show the announcement

from the white house on the administration's u.s. dollar policy. carl riccadonna on u.s. second-quarter gdp numbers, and josh green on elizabeth warren leading from the left. let's start with you, kevin. we heard president trump recommended he take a position on the dollar and he said we will not manipulate the dollar. kevin: fascinating developments on this front. u.s. kudlow saying the government will not intervene to weaken the value of the dollar despite persistent concerns about other countries, i.e. china, and even european counterparts. this is something the administration has been considering for quite some time. it is also something the president has tweeted about and spoken about but as of now they have decided against doing so. we should note that the fact that this is even being senior economic cabinet level officials talking about this, even openly is white remarkable. -- is quite remarkable. david: something that might be affecting the dollar is the gdp numbers. what is the attitude in the house behind you? it was nice, but it was not the 3% or 5% president trump p

u.s. and china, at a certain point in their relationship, -- are at a certain point in the relationship, and we have exit in europe. brexit in europe -- europe. the key question for investors is, whether a combination of central-bank action and political rationality comes together to provide this nominal growth. guy: let's say we don't get the latter but we get the former, is the fed cuts enough? jonathan: if you don't get a big step up in the trade war between u.s. and china, getting full tariffs, you hit 2% global growth, so you are seeing a significant drop down in global growth if you see full-blown trade wars. we not heading there. guy: the market is pricing in fed rate cuts. what effect will those fed rate cuts have? will they keep the market story on track at this point in time? the bond markets moved aggressively to the downside. where does the marginal advantage lie on either side of that? 60/40, inning a rebalanced a little bit into the bond story. talk to me about what is going on in terms of the policy action talked about and how that will affect my investment.

aug 19th on digital. asian shares held up as u.s. china trade negotiations resumed the chinese scientists optimistic but what can we really expect from the talks in shanghai will speak to an expert. also coming up new worries and to buy as it warns new lawsuits are on the way over its weeks killa . and some 10 years after the global financial crisis and collapse of spain's real estate market madrid hopes for hundreds of thousands of jobs from a massive redevelopment project that will take a generation to build. but come to do that the business want to give jones good to have you with us and a new round of trade negotiations between the u.s. and china is getting underway in shanghai it's the 1st face to face discussions since the kosi asians collapsed back in ne washington and beijing has so far hit each other with punitive tariffs covering more than $360000000000.00 in 2 way trade the u.s. accuses china of unfair business practices including faith of intellectual property a few days ago trump threatened to pull rick recognition of china's developing nation status of the world t

into session the u.s. government accuses iran of tory violence. also coming up the dutch supreme court finds a state partly to blame for these massacre the dutch court rules that troops failed in their duty to protect 315 votes from victims from bosnian serb forces 8000 men and boys were murdered in the massacre quarter of a century ago. i must say because a lot of this is still developing what we know as you said stan impair oh this is a ship that was heading to saudi arabia is a massive oil tanker about 50000 tons it was being directed north towards iran the company the swedish own company owns the ship has acknowledged that that it was redirected that it actually is the word attacked it mentions several small craft boats and also a helicopter. we know that. the revolutionary guards have actually released a statement the iranian revolutionary guard saying that the ship failed to follow maritime rules and did not respond to repeated warnings that was going the wrong way in a shipping lane but of course we know that this comes in the context of other escalations . there's also ap

signatories of the pact moved to protect it from u.s. sanctions tehran's decision comes a year after president donald trump unilaterally withdrew the u.s. from the deal aimed at curbing iran's nuclear program. greeks are voting today in a general election that was called 3 months early by the country's left wing prime minister alexis tsipras suffered a stinging defeat in the european parliament elections in may the ballot comes as the country is emerging from a decade of financial crisis that splashed the size of autonomy by foreigner and sent unemployment and poverty rates soar opinion polls point to win for a conservative party after nearly 5 years of leftwing rule. greece's left wing prime minister alexis tsipras called elections 3 months early after the conservative new democracy party delivered a stinging defeat in european parliamentary elections in may greece emerged from its 3rd and last by allowed in august 28th but years of a sturdy have left greek voters angry and deeply disillusioned. to see michelle the moment after everything i've seen no i won't vote no just the names

number of central americans of driving from mexico. u.s. politicians vote overwhelmingly for a bill that would sanction those responsible for the murder of saudi journalist tamara shoji plus. i've been vilified. alleged to be. the killing of. corrupt. former south african president jacob zuma denies corruption allegations against him and says he's a victim of conspiracy. at 1st for democratic u.s. congresswoman have responded sharply to attacks by president donald trump on their patriotism and citizenship they are among the highest profile members of the new house of representatives or for reacted strongly to trump's tweets comments. as we all know the recent tweets and words from the president are simply a continuation of his racist is you know phobic playbook we cannot allow these hateful actions by the president to distract us from the critical work to hold this administration accountable to the inhumane conditions at the border that is separating children from their loved ones and caging them up in the legal horrific conditions. well trump is refusing to buy despite the growing

democracy now! >> the current crisis on the u.s.-mexico border is the worst i have ever seen it. i have been reporting on this issue for over 15 years and we're at catastrophic levels. the way we're treating human beings is in no way we have never done in the past. amy: as scabies, shingles, and chickenpox spread among migrant children being jailed by border patrol in texas, we speak to the prize winning john carlos frey, author of the new book "sand and blood: america's stealth war on the mexico border." >> wrote the book to expose our militarization at the u.s.-mexico border. the stealth war at u.s.-mexico border includes casualties as well as all of the pieces of rule. war right inscale our backyard. amy: all that and more, coming up. welcome to democracy now!, democracynow.org, the war and peace repoport. i'i'm amy goodman. a report by nbc shares new accounts of mistreatment and sexual violence experienced by locked up migrant children at a yuma, arizona, detention facility. in nearly 30 accounts collected by health and human services case managers, children complained of hunger, ha

years at microsoft in the u.s., brazil, france, and china, where he served as gm for a few years. also, a reporter from bloomberg intelligence. another big order from microsoft as expected. what is the top take away? >> almost every line item was good. i mean, we did not find any mistake in the quarter so far or anything negative. the digital deal is going to be guidance and seeing how they can -- the big deal is going to be guidance and seeing how they can come up with first quarter numbers and the next fiscal year for them. >> the big question is, can microsoft keep it up now that expectations are so high? can the company continue to deliver in a new economy? >> cloud reach was the first provider for these services and we have expanded it to amazon in the last few quarters because there is enormous demand from customers. i think this is only the beginning of an incredible boom that will continue in azure and other related cloud technologies that microsoft is providing. emily: are you saying the cloud will continue to grow, it is not a zero-sum game? aaron: absolutely. every study tel

out of this is just it doesn't get easy. donald trump becomes the u.s. president and north korea meeting kim jong un and the demilitarized zone but sanctions against pyongyang remain in place i'm looking forward to taking them off i don't like the sanctions being on this country i'm looking forward but the sanctions remain useful. and in the stories that shape the week. to overcome the differences at the g 20 summit in japan with all eyes on a meeting between the need to. russia. the meeting was good and businesslike we discussed a whole range of issues that are of interest to russia and united states so we had a discussion we had a great actually we had a great discussion in prison and so it was really a tremendous discussion. on the e.u. no one has a new payment system to buy american sanctions against iran and a bit to save the 2015. with the top stories from the past 7 days in the late developments as well this is the week national to take a while. and fosse stop don't trump made history on sunday becoming the fost sitting u.s. president to end to north korea he shook hands w

that the u.s. military shot down an iranian drone in the strait of hormuz. iranian foreign n minister mohad javad zarif spoke out again -- against the harsh u.s. sanctions while at a meeting of the non-aligned movement in caracas, venezuela, sunday, calling them "economic terrorism pure and simple." meanwhile, the pentagon has said u.s. troops are being deployed to saudi arabia to defend american interests from emergent credible threats. the saudi kingdom has not hosted u.s. combat forces since 2003 when donald rumsfeld announced their withdrawal. we'll have more on the latest in iran after headlines. president trump isis continuing his attacks on four progressive congresswomen of color after tweeting last weekend that they should go back to the "crime infested places from which they came." they are all of american citizens. trump tweeted sunday -- "i don't believe the four congresswomen are capable of loving our country. they should apologize to america and israel for the horrible, hateful things they have said. they are destroying the democrat party, but are weak & insecure

in the u.k. u.s. president trump had dinner with the queen trump reveled in the royal treatment traditionally reserved for a select few britain's special friends but then came the leak the whole world knows what the u.k. ambassador thinks of president trump tonight london in washington in a royal mess that special relationship is suddenly a strained strange relationship berlin this is the day. a frenzy very clear the way he feels about the ambassador and his comments last for out of washington i think he's a fine public servant has done a very good job you should look at the president tweets we're not always going to agree with each other. that the british government will be trusting the seekers and it looks like we're on the precipice of having a prime minister. well i've got a good relationship with the white house. also coming up italy shuts down one of europe's largest migrant centers and warns boats carrying rescued refugees no docking no well tonight a special report on fortress. lampedusa is at the front lines of a struggle over who is allowed into europe and who is not a

of empire on al-jazeera. outrage in beijing is the u.s. approves a $2000000000.00 weapons deal with taiwan. sam is a that this is al-jazeera live from coming up after 4 years of fighting reports the u.a.e. is withdrawing some forces from yemen. donald trump calls the british ambassador to washington a pompous fall after the u.k. envoy says trump's white house was dysfunctional. running dry the drought could leave chile's biggest city without drinking water little more than a decade. china's foreign ministry is asking the united states to immediately cancel a potential sale of ons to taiwan the u.s. state department approve the sale of over $100.00 tanks $250.00 and crossed missiles and related equipment the deal would be worth around $2000000000.00 when haye has more from beijing. taiwan's military is built on equipment from the united states its main supply of arms announcements from washington of sales are always met by an angry response from china and this was no difference it's a crude interference in china's internal affairs and a harms china's servant and a security interest c

other british owned. iran disputes donald trump's claim that a u.s. warship destroyed an iranian drone. corruptiona's watchdog says the president misled parliament over a campaign donation. and the netherlands' highest court rules -- >> there are scenes of jubilation in algeria. [cheers] senegal has the algerians take second for the title. ♪ anchor: the u.k. says iran has seized two oil tankers, one british flag, the other british owned, in the state of for moose. -- state of hormuz. earlier, the british said it was captured because it was not complying with international maritime laws. the company that manages the vessel said they had been unable to contact the vessel that was heading north towards iran. an iranian news agency says the second vessel hahas now been allowed to leave iranian waters after and given a warning. this comes on the same day a court granted gibraltar the right to detain an iranian oil tanker for another 30 days. authorities in the british territory accuse iran of trying to smuggle oil into syria in breach of international sanctions. iran denies the allegation

note here, there's a couple of risk factors. the first is the general tensions between the u.s. and china the trade agreement, which is weighing on the overall outlook for the electronic sector and for demand in that industry we saw japan put restrictions on south korea, that would make it more difficult for samsung to get some required parts it needs to make chips. chips are the most profitable part of the business it's an seen the initial part of this company's bottom line we saw a drop in shipments to huawei so huawei buys chips from samsung, inned addition to crean its own chips. the outlook for samsung could be bigger in the smartphone picture, but there's also a chip supply glut. >> you mentioned the idea that if huawei faces restrictions globally, samsung could step up and say we'll sell more smartphonesto people who would be buying huawei if huawei is one of your biggest customers for chips, that comes with an edge >> it's such a push/pull between the companies, each has really made a push to make their chips inhouse. samsung, that's the biggest part of its business. if you

and india earnings season kicks off. thank you very much. let's check on the first word news. u.s. state department has approved a possible arms sales to taiwan worth more than $2 billion. the deal is not confirmed yet. prime contractors including general dynamics and oshkosh. they were concerned about the move and firmly against it. an independent think tank said there is a significant risk that the u.s. will meet its debt ceiling in september. bringing that forward due to falling corporate tax revenue. they have been using extraordinary measures since march 2, when u.s. hit it $22 trillion limit on borrowing. iran said it has already enriched uranium to levels beyond. atomic inspection agency confirms the enrichment. european powers need to find ways to offset sanctions. enricheduch -- must be for nuclear weapons. showing signs of recovery. multipurpose vehicles rose in june from a year earlier, reaching a 1.8 million. that is the first increase in sales. the demand has been hit by the trade war, domestic slowdown. signs of a recovery in taiwan. overseas shipments climbed half o

next hour. u.s. markets edged up ahead of a wave of central bank headlines this week. fed chief will face a barrage of questions on capitol hill. the prospects for rates. arrivedtwitter ahead of trade talks, raising the presence among the american people. shery: later in bloomberg technology global link, ibm closely $34 billion purchase of red hat, sealing the world's second-largest tech deal ever. will this help ibm catch up in cloud services? we will discuss. first, a quick check of how the markets closed in the u.s. the s&p 500 pushing higher. in the last hour or so of trading after fluctuating between gains and losses. we have fang stocks meeting the gains. we saw some declines when it came to the consumer staples. not to mention material stocks that led the gains. we have the dow unchanged at the toent, falling slightly down 26,783. investors still bracing for powell's testimony to the house tomorrow and the senate on thursday. lots of central bank news this week. fed minutes on wednesday, ecb minutes on thursday, and inflation numbers on thursday. for the time being, we are see

streets this week donald trump. rising u.s. independence day celebrations. all right with the top stories from the past 7 days on right up to the moment as well this is the weekly in our to international law and welcome we start with a developing story this hour around as a nonstop it is further scaling back its commitment to the 2015. c.p.o. way a government spokesperson said on sunday about the islamic republic will accelerate its uranium enrichment program unsurpassed the 3.6 percent cap stipulated in the agreement for energy purposes that would however in the future allow it to develop a nuclear weapon more quickly if it chose to do so. boost today based on the orders we've received from president rouhani and the national security council we have taken the 2nd step in scaling back our commitments that j c p o a time has run out we will inform the i.a.e.a. of our decision we will now go beyond the 3.6 percent level of uranium enrichment. or the accord has been on the brink of collapse since the us unilaterally withdrew from it last year on reimposed devastating financial penalties on t

. >> i don't want to think of a world of zero interest rates. >> 0% for the u.s. treasury seems like an excessively pessimistic forecast. >> we have had the recovery, it's coming to an end. >> if you believe the business cycle is coming to an end, that call makes sense. >> now the central banks are falling into line and cutting rates. >> when we get this polarization of use, it tend to be close to regime changes. >> something is going to give. >> that is the journey we are on until something different happens. jonathan: joining us to discuss is lisa hornsby, gershon distenfeld, and noelle corum. a big call from bob michele. a multi-yearr call, looking for the 10 year treasury yield to go to zero. your thoughts? noelle: that makes sense if you think recession is kind of lumen ooming, but that is not our base case. we are not seeing signs of a recession. we don't expect the fed to be on a full-blown cutting cycle. we are only going to see two this year and that will be enough to get growth back on track, which right now we are calling for a modest 2% growth and inflation a little highe

strategic and international studies and i'm divided to welcome you to today's event. the u.s. approach to security jurisdiction in afghanistan. before we begin today, i want to share our building safety precautions overall we feel secure that as a convener we have the duty to prepare for an emergency. i will serve as your safety officer at this event. please follow my instructions. finally take a moment to familiarize yourself with the emergency exit pathways to the room or directly behind you down the stairs if there's an incident behind you we will go out these doors, you follow me and i will take you to a safe location. today we are delighted to be hosting two distinguished individuals from the special inspector general for afghanistan reconstruction, the director himself was sworn in as the special inspector general for afghanistan reconstruction in july, 2012. he has more than 30 years of experience in oversight and investigations as a prosecutor. he has served as a congressional council and senior federal adviser. he was a partner at strauss and fellow and previous experience includ

u.s., treasury markets are closed. coming up, don't miss our coverage of the boston pops fireworks spectacular, it is a bloomberg special and starts at 8 p.m. new york time. so if you're watching from asia or europe, it's definitely worth it. let's get straight to bloomberg first word news. >> the tanks are ready to go and the fighter jets are set. all part of president trump's changes to the traditional fourth of july celebration on the national mall. the present will speak from the steps of the lincoln memorial and critics say he is turning the event into a campaign rally. president trump warned iran against stepping up uranium enrichment. iran says it will restart the model reactor if europe fails to offer economic guarantees by a july 7 deadline. the u.s. is hitting back on to the lawallenge that prevented from selling to federal agencies. they say it is designed to prevent china from gaining a strategic foothold in the networks of federal agencies. china has accused the british government in interference in hong kong. beijing reminds the u.k. the territory is quote not what it

justice. hello again i missed us here today and our lines of our top stories this hour the u.s. house has voted to prohibit the sale of some munitions to saudi arabia and the united arab emirates for one year these weapons are the ones being used in the war in yemen the bill still has to pass the senate and to be signed off by president trump . police in gibraltar have released all 4 crewmembers of an iranian oil tanker that was seized last week the ship was detained by british forces on suspicion of taking oil to syria and breach of e.u. sanctions all 4 were released on bail without charge. and turkey has received its fast shipments of the russian s. 400 missile defense system the controversial deal has angered the united states with washington threatening to impose retaliatory sanctions. now in washington then u.s. president donald trump has lost another member of his cabinet with the resignation of labor secretary alex acosta he's faced fierce criticism over a secret plea deal that he negotiated a decade ago with finance here jeffrey epstein who was convicted on prostitution charge

its earnings since the u.s. blacklist. the pound falls to a two year low against the dollar. lenderup is the latest with hundreds of job cuts in its trading division. banks either trading revenue slump. -- banks see they are trading revenue slump. matt: we have breaking news out of the financial industry. profitpany sees pretax materially below 2018. 2019 will be a big drop in pretax profit. the first half net fee and commission income was 171 million francs. pretax profit was 2.1 million swiss francs. just.e money it has named a new ceo, peter sanderson will be the new ceo of gam. they are also lending a new chairman of the board, david jacob. gam has assets under management 6.1 billion swiss francs. it will have a pretax profit materially below that published in 2018. nejra: i am looking at the i.t. services company gemini seeing in operating margin of 12.3 to 12.6% and the revenue change up 5.5% to 8%. second quarter sales up 5.7%, first half revenue at seven .01 billion euros. cash flow over 1.1 billion euros from cap gemini. , youll speak to the ceo can catch that interview at 9:

morning if you are watching from the u.s. and europe, good afternoon if you are watching from asia. westminster, ahead of the knowts, the u.k. will soon who the next prime minister is around midday. pound.ity in european stocks off but investors are breaking for a busy earning season. u.s. corporate earnings potential developments, trade negotiations and oil stabilizing after recent gains. hour, we will speak to the new leader of the liberal democrats at 9:30 a.m. london time. here is viviana hurtado. european governments putting together a naval mission to provide safe passage through the persian gulf after iran seized a tanker last week. jeremy hunt warns escalations will mean more royal navy ships in the area. >> let us be absolutely clear, on the international law, iran has no right to obstruct the her, itassage or board was therefore an active state piracy. foreign hasn's defended the move, saying the british ship was violating international law. president trump announcing a bipartisan deal to suspend the u.s. debt ceiling, the agreement capping weeks of friendly -- frenzied t