you describe to me how the cartels operating the weapons trafficking from the u.s. into mexico. what about the mexican security forces do they make a big effort to stop all of it. and u.s. security simply has a different concern as american border forces are more focused on drugs coming in then weapons going out traffickers have adapted their business model. official data about trafficking is hard to come by but some u.s. gun sellers have come to attention such as this store chain called academies. it keeps coming up as a purchasing point of weapons that have been trafficked to mexico u.s. agencies are limited by law as to what data they can publish but in 2011 a spreadsheet was leaked was thousands of gun traces and academy sports features very prominently academy schools comes up a nearly 100 traces some link to weapons recovered from the. now because the data is a bit old also conservation court documents and academy sports has come up again as a place where u.s. agencies have mounted an undercover investigation into the illegal sale of firearms . academy didn't respond to our int

new wing of the u.s. military called space force here is part of what trump had to say today the dangers to our country constantly evolve and so must we now if those who wish to harm the united states to seek to challenge us and the ultimate high ground of space it's going to be a whole different ball game we're going to stay here on earth go to washington d.c. our bureau chief there alexander for numbs he's on the story for us tonight good evening to you alexander i mean this does does sound a little bit like star wars tell me what is the difference between space command and space force. well space force is the future at least according to president trump he wants to create a totally new and potentially independent branch of the u.s. military military to oversee all military operation in space but to achieve this goal he needs congress he needs congregational approval congressional authority and congressional funding and that can take years and of course there are a lot of people critics questioning this adventure as they called it so therefore to trump administration has decide

now, the senate finance committee examines the u.s./mexico/canada trade agreement. secretaryiculture along with the panel of trade and industry representatives testified on how the usmca could impact the average american, as well as how it differs from the 1994 north american free trade agreement. >> we welcome our witnesses. telling us about the importance of the united states-mexico-canada agreement. we are referring to that as usmca. fromok forward to hearing the witnesses about the significance of the agreement to america's businesses both small and large. farmers that we all represent. thank you for being here. our country's important trading partners according to the international trade commission. the year 2017, more than one third of america's merchandise exports went to mexico and canada. in that year, mexico and canada imported more than half $1 trillion of american goods, plus more than $91 billion of american services for iowa. on mexico tolars canada. support 130,000 jobs. foundation of a strong trading relationship with mexico and canada has been thus

u.s. that you can actually work with these visas and say just looking back just over a year ago 2 years ago you can see the countries that are popular for allowing people to come in he's in this particular kind of visa into the u.s. somalia iran to pity them in syria united kingdom france germany so france and germany are more popular in terms of allowing people when do you notice that there's a hierarchy of who eventually gets into the country on a visa that's involved in science or technology of research and who doesn't make it i think with those particular b. visas it's actually difficult to know what from the statistics what the purpose of the visas are so we don't know how many of those was or for normal business also the sorts of conferences that people were talking about but but clearly whichever one they're for. putting barriers in the way of getting such abuses interrupts the flow of both commerce and ideas between the us and other countries which is bad for both the us and the other countries. so i mean i think the people who are talking on this panel right now there are

history tv" every weekend on c-span3. >>> "american history tv's" look at u.s. foreign policy shifts now to southeast asia. after world war ii, western powers hoped to stop the spread of communism to vietnam by fostering anti-communist governments in the region. in his book, "arc of containment," wen qing ngoel argues despite the outcome of the vietnam war, the u.s. was largely successful in its overall regional strategy. the wilson center in washington, d.c., hosted this discussion. it's about 90 minutes. >> all right, everyone. i would like to call us all to order. good afternoon. and welcome to this afternoon's session of the washington history seminar historical perspectives on international and national affairs. my name is eric arnesen. i'm co-chair of this seminar along with christian ostermann who represents the wilson center. as you may see, we have c-span taping here today so we would like to welcome those of you who are watching on your computers or on your television screens and suggest that you visit our website to learn more about the seminar series and upcoming speakers her

stability for europe's 3rd largest economy. also the u.s. military presence in germany has been a constant for 70 years now but the dramatic and are threatening to move to poland our special report looks at what that could mean for the biggest u.s. base in germany ramstein. hello i'm terry martin good to have you with us britain's prime minister boris johnson has won approval by queen elizabeth to suspend parliament it will be closed for 5 weeks in september and october just before the u.k. is scheduled to leave the european union johnson says he needs the time to pursue his domestic agenda but opponents are calling the move undemocratic and over 1000000 people have already signed an online petition against it. it dropped like a bombshell in a letter to m.p.'s boris johnson explained that he wanted to suspend parliament until just 2 weeks before the u.k. is set to leave the e.u. that severely limits the time opponents would need to try to stop regs it johnson denies it's a clever move to silence them there will be ample time on both sides of that crucial october 17th summit ample

paper published by any u.s. think tank that set out this goal. , it is logical, reasonable, and even inevitable. the u.s. has free-trade agreements with nations as diverse as south korea, jordan, and australia. if the u.k. had not entered the eec in 1973, it is highly likely in my view that the u.s. and u.k. would already have an fta today. as we put in our paper in 2014, "there is never a reason to believe that written, the world's sixth largest economy, will be able to negotiate trade agreements independently if forced to leave the e.u. on of its central priorities should be to ago she had a free trade area with the united states, a goal the u.s. should also champion. an fta would be good for the economies of both nations, commit to economic freedom, and the further manifestation of their close relationship, it also be an opportunity for both nations to negotiate a free trade area based on sovereignty and freedom, each would establish a standard that could be applied to other trade negotiations." that continues to be our view today. we have been delighted over the past year to see

&a.eastern on next a look at the role of china and obal health industries how that impacts the u.s. commission hosted this event. afternoon. we will get started. examine panel will u.s. china links in products marketing opportunities and economic health and national security relationships. we will start with benjamin shobel who is a senior associate international health national borrow of asian -- research and n director of strategy for health business strategy at microsoft engagements with national governments, providers biotechnique. then we will hear from katherine journalistestigative bookrtune magazine and her bottle of lies the inside story drug boom reveals fraud and dire conditions in the manufacturing plants where the majority of low cost medicine is made. he theuird is a professor and director of global health he t seton hall directs the global health governance roundtable series and the china and global governance project. president of en the united states china business council. joining that he will a long career in public service included multiple tours in china and as

also ahead venezuela accuses the u.s. of economic terrorism following new financial sanctions aimed at president nicolas maduro his government. is open for business. as a trade for turns into a currency dispute donald trump says the u.s. is benefiting from its battle with china. and outraged after pictures emerged of 2 texas policeman on horseback leading a handcuffed black man down a road by a road. pakistan says it will put maximum pressure on india over its decision to strip indian administered kashmir of its autonomy promise to iran concorde for international intervention following india's moves to change the status of the disputed region asama been java begins our coverage from was offered a bargain pakistan administered kashmir as. our fight will continue that's the message from these protesters and in pakistan administered kashmir if you 100 gathered towards the anger against the government. decision to abolish its special status of kashmir the himalayan region disputed the sun. may you are no good don't kiss my appeal to the united nations to resolve this issue immediately o

country into a political crisis. u.s. attorney general william barber moved the acting director of the prisons after the suicide of jeffrey epstein we discussed the conditions at the jail where epstein took his life with his former lawyer. is fundamentally wrong with that is that jeffrey actually did not long enough to salute again. and the u.s. military and that's his plans for a new intermediate range hypersonic missiles so after pulling out of the i.n.f. treaty with russia and test launching a new cruise missile. silo you're watching international i'm rosana lockwood thank you for joining us. more than a year of tensions in italy's ruling coalition have come to a head with the italian prime minister just sepic on to resigning that's out of the country's interior minister must call for a vote of no confidence it once again leaves italy in a deep political crisis. well that resignation over its lease prime minister said because they had been widely speculated for the last few days and now it's happened to force plunging italy into a fresh political crisis in his resignation speech on

manufacturing base for u.s. companies huge oil reserves it's part of the g 20 and yet it still has difficulty translating all of that into into a deposit a reduction. i think you're right i mean archie think you know the president. should use tried in investment to grow the economy and to be able to have therefore the resources to provide for the poor or i think abolishing pro mexico not going to the g. 20 i think ultimately that undermines mexico's position and capacity to help the poorest of the poor just in mexico as part of the 6 party people economists. series actually for a strike in television and what i noticed is that mexico has very good free tried logistics and transport links with the eyes of pacific and with the pacific alliance with chile and colombia and peru had a lot of things going for it not just the the border no i think the the overwhelming media attention on. immigration with the united states and the crime problems along the border actually undermines the very strong fundamentals of mexican industry a lot of the love the mexican manufacturers have very strong

headlines this hour the u.s. confirms carrying out the 1st test of a cruise missile previously banned under the terms of an arms control deal signed between moscow and washington over 30 years ago. u.s. attorney general william barr saxe the direct proof prisons are in suicide jeffrey epstein and discuss the conditions of the jail where he took his own life with his former lawyer and a british social media came to young muslims has been revealed to be a part of the u.k. government's plan to tackle radicalization. hello there she's gone 9 in the morning here in moscow you're watching international now the u.s. has conducted its 1st test of a 500 kilometer cruise missile a type previously banned for over 30 years under a now defunct arms control treaty between moscow and washington are reports from new york. well we have official word from the pentagon that indeed there has been a test of a missile that would have violated the intermediate range nuclear forces treaty that treaty has now expired and the usa has conducted a test of a missile that would have violated it here's what

into the 1st g. 7 summit attended by u.s. president donald trump but what a difference a year makes or does it is the picture a better one now what we can confirm tonight the u.s. president will host next year summits no g 7 trump wants a return to the g. 8 a place at the table again for russian president vladimir putin i'm brant girl from berlin this is the day. i said to president rouhani that if you agree to meet with president trump. than i'm convinced that they could reach an agreement. they have to be good players no nuclear weapons. stick missiles and they can do what they were going to do because if they do that they're going to be met with really very violent force with no choice. and objectives we just have to make it happen maybe it works maybe it doesn't i say all the time about everything maybe it works and maybe it doesn't make you think you. also coming up for the 1st time hong kong police have used to live ammunition to push back protesters. charlotte tells them pills tells us it's now a movement that may need medics you guys not afraid feel safe. right. they all die

joining us. so just a couple of words of background at this stage in the u.s.-china business council has some 220 members, and most of our members are large multinational american headquartered companies. and there's a good mix of manufacturing service companies and agriculture as well. most of our members, not all, but most are invested in china. and for the most part they are in china to service chinese customers, rather than to export back to the united states. many of them have trade going both ways, but they are not invested in china primarily to service the american market. so we send out this survey, an annual basis, and approximately one half of our 220 members reply every year. and so we have excellent data going back some 19 years on many of these same questions. some of the question migrate over time. we at new questions, we change them a little bit, but by and large with very good data going back almost 20 20 years. so the current survey that we releasing today was conducted, or was closed in june 2019. and so this data represents, or reflects the state of the bilateral r

history tv's look at u.s. foreign policy shifts now to southeast asia. after world war ii, western powers hoped to foster anti-communist governments in the region. in his book "arc of containment" wen-qing ngoei said that the united states was successful in the regional strategy. this is about 90 minutes. >> all right. everyone, i would like to call us all to order. good afternoon. and welcome to this afternoon's session of the washington history seminar historical perspectives on international and national affairs. i'm eric arnesen of george washington university and i'm the cochair of this seminar along with christian ostermann who represents the wilson center. as you may see, we have c-span taping here today so we would like to welcome those of you who are watching on your computers or on your television screens and suggest that you visit the website to learn more about the seminar series and upcoming speakers here at the wilson center. the washington history seminar is a collaborative effort of two organizations. the woodrow wilson international for scholars and history and pub

. welcome to "daybreak: asia" this our top stories monday, u.s. stock futures tumble, and the yen top climbs on trade war escalation. the white house says president trump says he wishes he would hit china with higher tariffs from the start. global uncertainty the most important issue for their markets as jackson hole discusses threats to growth. an hong kong protest take an ominous turn. place drug guns and fire a shot, as demonstration turned violent again. shery: let's get started with a quick check of markets. u.s. futures at the moment plunging 1.1% heard this after we ended the regular session friday and president trump escalated the trade tensions against china, saying he will boost tariffs. this coming after china's retaliatory tariffs. on friday we saw a negative sentiment across markets. the dow falling 600 23 points, the s&p 500 lower by tack and technology energy stocks. after chairman powell comments at jackson hole which raised speculation now about the fed potentially easing more in the coming months. that felt 3%. continue to see these fears of recession. two/10 yield c

to leave the world trade organization but the u.s. is already paralyzing its appointments of top judges to the trade regulator. possible and into the growing friction between pursue neighbors and rivals as south korea office to talk to japan. this is business and. is there a solution in sight in the standoff between western nations and iran over. its unlikely to do much for iran's shrinking economy inflation takes its toll we'll get the latest from our correspondent there. and u.s. president once again threaten to leave the world trade organization but the u.s. is already paralyzing its appointments of top judges to the trade regulator. possible and today into the growing friction between 2 neighbors and rivals as south korea office to talk to japan. this is a business. after a british tanker was seized in iran britain appears to retaliate course in the british territory brought a meeting to discuss the fate of an impounded iranian tanker the vessel has been at the heart of friction with the west over economic sanctions but the ones bearing the brunt of iran's international isola

right leader material. will this mean more stability for europe's 3rd largest economy. plus the u.s. military presence in germany has been a constant for 70 years but now the americans are threatening to move to poland our special report looks at what that could mean for the biggest u.s. base in germany ramstein. hello i'm terry martin good to have you with us there's widespread anger across the u.k. this morning after prime minister boris johnson surprise move to suspend parliament it will close for 5 weeks in september and october reopening a little more than 2 weeks before the u.k. is due to leave the european union johnson says he needs the time to pursue his domestic agenda but opponents say it's an undemocratic attempt to stifle debate and over 1000000 people have or. he signed an online petition against it. it dropped like a bombshell in a letter to m.p.'s boris johnson explained that he wanted to suspend parliament until just 2 weeks before the u.k. is set to leave the e.u. that severely limits the time opponents need to stop a potential new deal bragg said johnson denies it

a global spillover from the u.s. china tariff dispute investors saved better safe than sorry sticking to gold and bought that central banks and now i'm surprised great caught. by you don't have to take our word for it our financial correspondent takes the pulse of the markets with one of wall street's leading traders and financial advisers silver barrack outdoors director of floor trading alan valdes. and shipping sheep in the summer heat at top speed to meet demand for africa where prices are surging prior to the holiday. this is v.w. business i'm joined on in berlin welcome it may be called the u.s. china trade war but it could be the world economy loses out fears of a steadily dimming outlook as investors dumping stocks and running for safe haven. india the country where gold prices have soared to an all time high it was one of 3 countries to take markets by surprise on wednesday the indian central bank cut its benchmark rate by 35 basis points more than analysts expected. but india wasn't the only surprise for investors thailand central bank unexpectedly lowered rates for

moynihan seems little -- see little chance of a recession. shery: in the u.s. it was another relief rally with the dow gaining one .2%. every sector in the s&p 500 in the green, chipmakers pacing the gains, nvidia' positive resultss helping not mention circulation european officials could come to the rescue if economic numbers deteriorate more in the continent. we saw more optimistic. -- optimism. the nasdaq was up. the future will be on jackson the fed chair has to say when he gives a speech on friday. in the meantime we have u.s. futures up .3%. let's see how we are setting up in asia. stocks this monday asian are ramping up for a positive start, kiwi shares adding .2 percent while kiwi 10 year yields are above 1% level amid prospects for stimulus to counter some of these growth fears. repairinghe pboc is borrowing costs. the rate refund. in hong kong, the warning of economic typhoon after we saw gdp contract more than expected. switching the board on the calendar we have july jobs data from hong kong which comes after the 11th straight weekend of protests in the city and we are g

soybeans. the country devaluing its currency and ordering state owned companies to stop buying u.s. soybeans. u.s. markets plummeting as the trade war intensifies. the shooting deaths of 31 people over the weekend raising pressure on president trump to address rampant gun violence. meantime, a handful of stocks higher in the s&p 500. we are at session lows. kailey leinz has more. kailey: shaping up to be the worst day for the s&p 500 this year. down by more than 3.5%, the worst two-bay street from christmas eve of last year. it is now down for a sixth consecutive day. off of the record high that it set just back on july 6. one of the catalyst for all of this was the counterpunch from china, allowing their currency to breach that seven level, the offshore yuan. now above 7.1 to the dollar. this is the biggest fall in one day since that devaluation in 2015. that is a concern, coupled with some weaker data that we had in the u.s. serviceshowing the gauge also dropping, the weakest 2016, in addition to the weak manufacturing data. is notonomic actor providing a risk on sentiment for in

summers, former u.s. treasury secretary, about blackhole economics and how the u.s. is one recession away from negative rates. china's retaliatory tariffs plan. the g7 the stage for this weekend. welcome to "bloomberg daybreak" on this friday, august 23. i'm alix steel. david westin is still off, over it in italy. buy equities, sell bonds. that's what we saw earlier in morning. you have "global times" saying china is looking at retaliatory tariffs, setting the stage for the g7. time now for global exchange, whereby take a look at all the news this morning. ,oining us now in hong kong karen lee, as well as in france, maria tadeo, and in jackson, karen hole, wyoming, michael mckee. first, we want to start in asia. china willorts that soon unveil retaliatory tariffs. karen? reporter: based on what we know, china will take further retaliatory measures on billions of dollars of chinese goods -- measures in retaliation to tariffs on billions of dollars of chinese goods. at the same time, we have unrest in hong kong. we will be looking to see what those tariffs are. no details were revealed

trump says the u.s. is benefiting from its battle with china. and the us president also gets ready to join people grieving after a shooting but some say he's not welcome. pakistan says it will put maximum pressure on india over its decision to strip indian administered kashmir of its autonomy prime minister iran can call for international intervention following india's moves to change the status of the disputed region assam a binge of it begins our coverage from was a pakistan administered kashmir. just. our fight will continue that's the message from these protestors and was after about in pakistan administered kashmir if you 100 gathered towards the anger against the indian government's decision to abolish its special status the himalayan region disputed the pakistan. may you are not this is. my appeal to the united nations to resolve this issue immediately otherwise we will go there to win freedom for our brothers. my opinion is to all muslims that if you have come out of your homes and stand the tasks members of pakistan's parliament in islamabad voiced their anger at india's d

thousands of people have attended a candlelight vigil there saturday's attack was. in the u.s. and a 21 year old busy man white man has been charged with murder. and in ohio a large crowd gathered for a vigil in dayton's oregon district to mourn the deaths of 9 people who were killed during another mass shooting early on sunday police say the gunman was among those killed 16 others were taken to hospital. just a short time ago dates police chief described the type of weapon that was used in the crime. we are less than 36 hours into this incident and its investigation can confirm that if all the magazines that we recovered from the suspect were completely full we have not had a chance to examine that we just know we have magazines with bullets in them but all of those were completely at full capacity. including the loose rounds found on the ground near him as well as in a backpack to carry we had a maximum of $250.00 rounds in his possession at that time well the us president donald trump has spoken out against gun violence at the white house and he's condemned bigotry racism and whit

shipping all to syria the u.s. has asked for the detention to be extended. a pacific island national leader was reportedly in tears as climate change was debated as a regional meeting the talks fell far short of what many hoped for australia push back against calls for greater action the talks took nearly 12 hours eventually reaching a reluctant to. so that is main opposition alliance has nominated abdullah to be the interim prime minister he's an economist who's worked with the african development bank and the united nations the nomination is the 1st step towards the creation of a transitional government after long time president armorel bashir was overthrown in a military coup in april there have been months of protests and political turmoil as negotiations between the military jointer and the opposition alliance dragged on. in the yeomen hold the modest mian we want to officially announced our forces of freedom and change alliances prime ministerial candidate dr abdullah look he will have to consult with the year 50 to choose his cabinet. william lawrence is a professor of politic

days. : for a limited part of their business. this extends the 90 day reprieve for existing u.s. customers of huawei, particularly those that run networks that depend on one way equipment, and some suppliers to always japanese business. we are looking at google and its android software that allows google to keep updating huawei phones with new security patches and so on. this does not address the huawei's 5gtion of ambitions or the issue of sales by u.s. suppliers like intel and others to huawei for new products going into the future. they are still prohibited from doing that. this is a limited move. we need to be careful about over interpreting this. there is still a crackdown happening on huawei. the department of commerce added 46 new huawei subsidiaries to its blacklist today, but at least a temporary reprieve for some u.s. customers and a limited suite of suppliers. that is anid: important distinction. thank you so much. now let's go to carolyn in frankfurt. we had a report germany will move ahead, the finance ministers and 50 billion euros. what we know about what they are

ongoing trade back and forth. beijing calling looming u.s. tariffs a violation of the accord reached a between president donald trump and president xi. speaking ahead of a rally, president trump says he has a call scheduled with the chinese president very soon. policy ofbank concern, another quarter-point reduction has been priced in. bullardolicymaker james says there is no need to rush into an emergency rate cuts. joining us now is michael metcalfe. from state street bank. what a start with the plunge we have seen in yields first. how quickly could we get to 1% or below? michael: we have had a very big move this week and i think it is fair to say that the bond market is pricing in the worse case scenario for trade. certainly global growth and especially u.s. growth. quited say it is difficult to see the current returns in bonds continuing at the present rate. matt: you don't think that we go back and retest the lows that we have seen, the 1.3% on the 10 year? say right now,d the current economic environment would not so with that. i think that is particularly true in the united state

years fighting the u.s. and the taliban look to end hostilities in afghanistan but the afghan government doesn't have a seat at the table we look at what the don't the talks mean for actual peace on the ground plus what about the women they've explored more freedom since the taliban fell from power could their gains be lost once again. and a japanese farm that produces luxury items an old fashioned way to add something special to a popular desert. i'm melissa chan welcome to news asia thanks for joining us will it be the final stretch of talks between the united states and the taliban this is the 9th time they've come together to try to hammer out a deal and 18 years of fighting in afghanistan they are doing this without the participation of the actual afghan government here are the 4 major issues being looked at the withdrawal of foreign troops mostly americans a ceasefire counterterror guarantees and the promise by the taliban to engage in intra afghan talks before we get into what any of that means here's a quick reminder of the rise fall and a resurgence of the taliban. th

surpasses $16 trillion after the 10 year yield dipped below the two year yield in a precursor to u.s. economic recession. -- were roilede across the board. continued weakness in asian stocks this morning as well. historically, the spread between the two year and 10 year yield first turn -10 times, going back to 1956. the s&p 500 cap out anywhere from two years to three years later according to data compiled by bank of america strategists. you can see it does not necessarily mean sell stocks right away. nejra: and that's what i said. president donald trump called federal reserve chairman jerome powell clueless and blamed his policies for signs that are recession is looming. according to the chief economic , headlines mayz lead to a slowdown. >> but there is a worry we may end up in a situation where people read these alarmist headlines, they get concerned, they stop spending. as they stop spending, they stop investing, and we get a major slowdown. we are asking, how serious is the u.s. yield curve inversion for assets? reach out to us on your bloomberg. joining us now is alan higgins,

war as u.s. and china take their dispute to another level. >> currency is seen as a weapon of last resort. >> what we have seen as a message from pboc is cool down, folks. >> the world central banks accelerate their race to the bottom on interest rates. >> central banks are willing to go and willing to go big. >> while strain trims bonus for triggs ears. -- traders. >> stumbling on breaks that deal or no deal. >> if there is going to be a deal it has to be the first couple of days parliament returns. >> sorting threadbare roger of income reports. >> left wants to see profitability's. the law of large numbers is catching up. we call it the star wars symbol -- stumble. >> experts on how they are reading at jumble >>. china and the u.s. aligned economically. >> i do not think the fed's job is to make sure there's not a recession. >> all straight ahead on bloomberg best. >> hello and welcome. this is bloomberg best the weekly review of the most important business and analysis .rom bloomberg around the world after trump announced large terrace last week, sent shockwaves through global m

a deal for the u.s. to export more beef to the e.u. so does it help american farmers caught in the u.s. trade dispute with china and could it ease trump's animus toward brussels. also on the show an escalation in the trade row between japan and south korea we'll tell you why seoul is fuming. and what can a 2000000 euro real estate investment in cyprus to buy you other than some nice digs tell you. this is your business report i'm stephen bears in berlin thanks for joining us u.s. president donald trump has signed an agreement with the e.u. to increase american beef exports into the bloc it's a rare bit of positive trade news from a president who hopes to extract even wider concessions from europeans later this year and it comes one day after the president announced new tariffs on china a move expected to hit american consumers hard and prolong the trade dispute that has been especially painful for american farmers. after german cars and french wine u.s. president donald trump's most recent beef with the european union was with well beef the u.s. had long found it hard to export its

, marks a holiday.y. plus -- >> t the threaeat is coming frfe u.s. anchor: an exclusive interview with iran's foreign minister which warns the u.s. on deploying more forces to the gulf. i will be telling you why we are here watching these incredible animals. anchor: argentina's currency has collapsed after the president's defeat in the presidential primary. it fell by more than 30% against the dollar, but has since partially recovered by 15 points. the other candidate came in more than 15% in the vote. they have vowed to reverse a result. >> unfortunately, today we had a very bad day. very bad. we are poorer today than before what happened. we are going through a very strong impact. anchor: we have more from buenos aires. reporter: after a day of emergency meetings with the central bank chief and the cabinet, the president spoke to the nation, appealing to the electorate to give him more time to implement the policies that he has been pushing for the last 3.5 years. policies he said will get argentina back on the economic track. these are policies that the electorate rejected in the pr

the u.s. and china sara, back over to you. >> i'm sara eisen. welcome to the final hour of trade. the dow was down 580 we are down 544. we are -- let's tell you what's driving the action the president lashing out at china and fed chair powell after china promises a set of tariffs. jay powell declining to signal more easy monetary policy. the yield curve inverting yet again. how will business respond? how will it impact the economy more importantly, what does it mean for the market and investors? and then a news making interview you cannot miss. federal reserve vice chairman richard clarida from jackson hole we are covering the angles with the team of reporters as always. elan, first to you on the china fears which appear to be trumping the fed speak today. >> nice, sara. we are waiting to see if president trump will make a statement on those latest trade tensions with china and the new $75 billion in retaliatory tariffs that were announced this morning. we know there was a meeting at the white house earlier today with mnuchin, kudlow, navarro and lighthizer and president trump did twe

by your local cable or satellite provider. c-span, your unfiltered view of government. >> the u.s. china economic review commission held a hearing recently on the role china plays on global health industries and how that impacts the u.s. congress focused on a role in the pharmaceutical marketplace and u.s. companies working in china. >> our second panel will assess china's role in global health and activities in the united states. we will start with rosemary gibson, introduce everybody first and then we will go to ms. gibson. we will start with rosemary gibson, whose name has been mentioned already several times if you were here. who is a senior advisor pasting center perspectives at the jama internal medicine. she is author "china rx, exposing the risk Ãb next we will hear from ben westhoff an award-winning investigative journalist mr. westhoff new book "retinol incorporated " how roby chemists are creating the deadliest wave of the opioid epidemic. will be published in september. the book focuses on that know with now kills more americans annually than any drug in american hist

there will be no change to the status quo unless u.s. sanctions are lifted after president trump signals he's open to meeting all right. good morning behind me in europe, we have the majors all to end the session in positive territory and now the dow up 42% since the election and if you remember the president did actually tweet a couple of days ago you should judge me on the stock market performance since the he ex- we did see rebounds in names like apple that was a name very much in focus after it went to a whole new level. and indeed the president did mention 24 hours agatha china indeed called up the u.s. and were looking to reestablish dialogue so that was the picture for asian and u.s. markets europe not so pretty you can see a little bit more red on the board stoxx 600 down .3 already. yesterday we had a bank holiday in the u.s. but trading with a little bit of a negative bias. we're down about .5% about 35 points lower today. some of the names dragging down the u.k. index, bat, hsbc as well some of the names we're watching out for. down .2% we had the second quarter gdp wi

. all we want is for china to compete on a level playing field with everyone, not just the u.s.. this will benefit not only us but you. right to do more together, using the model that has worked. one analysis predicts for the first time, asian economies will be larger than the rest of the world combined. the asian middle-class has exploded. age.has come of let's keep trade free and fair. high standard investment that creates local jobs. for the standard rights of nations. i am looking forward to keeping -- taking questions and talking about issues in your mind. i can't help but think about these ideas in bangkok, thailand . you maintain your independence. you held to the path of sovereignty. we have supported you for more than two centuries. came to thean first kingdom as a missionary. westernht with him medical practices. served the royal court. the friendship of the future king of siam. firsto brought the printing press and founded the first newspaper. he brought knowledge that gave rise to friendship. his legacy is bigger than that because it did not stop there. daughter opened --

tensions between the u.s. and iran that's a key issue after the president pulled out of the 2015 nuclear deal and re imposed sanctions iran's foreign minister described talks with macron on friday as productive the ongoing trade war between the us and china also going to be a key area of discussion as well as how to tax global technology giants companies like google amazon and face but that's been causing some tension recently and france has made fighting gender and social inequality also a key theme of this year's summit while our diplomatic editor james braze reports now from berets. just hours before the g 7 started and the iranian foreign minister was in paris mohammed job with zarif met with president mccraw new pictures of the meeting were released properly so as not to anger president trump. the meeting behind the closed doors of the elisa palace highlights the very different approaches of the u.s. and europe towards iran however there is a new face at this year's g. 7 u.k. prime minister boris johnson some are speculating with bricks looming he may want to consider taking

. so you know. sort of the symmetrical response to the latest u.s. missile test as russia warms the un security council of a new arms race action is not taken. one step away from an arms race that cannot be controlled in any way the united states will not remain a party to a treaty that is deliberately violated by russian. conservative activists in the us celebrate for a quarter greece to reconsider a case accusing global text like google and facebook of the conservative. couple whose child is most severely malnourished after being placed out of. jail but a 100 community service instead put the issue up for debate. very young children and let the children just sign when they're old enough maybe after the great spirit is finished with eventually let me. address climate change issue. from oscar news h.q. what's your team to national diner holkins with you tonight welcome to the program . vladimir putin has ordered an analysis of the threat posed by a new u.s. missile the weapon was recently tested just off the washington post out of a key arms control treaty with moscow the russian presi

get a quick check of how the markets closed in the u.s. we saw a stock rally with the dow gaining 270 points, while the s&p 500 was higher by 1.1%. we had already seen stocks higher since the morning session after president trump said the prophets for a deal were better chinaw anytime talks with began last year. the positive sentiment on trade was spurred higher with the presser from presidents macron and trump in the afternoon where we heard them both be positive on trade but also potentially no auto tariffs on japan. not to mention a sit down with iran. we saw the stocks on the s&p 500 and the green. let's be mindful that volume was pretty thin. about 20% below the average at this point. u.s. futures at the moment unchanged, but this as concerns are still out there on perhaps a recession hitting the u.s. we continue to see the yield curve inversion deeper into negative territory. paul? paul: thanks. just want to get to across some breaking news. some full-year results from wesfarmers, the australian conglomerate involved from everything in mining. 5.51 billion dollars, a huge improv

will mesh together and it will turn somewhat positive. matt: china in the u.s. have kicked off a new round of trade talks in shanghai today. it follows a three-month hiatus in renewed accusations from donald trump that beijing is trying to rip off america. the u.s. president lashed out on twitter. he says there has been a promise to buy more u.s. farm produce but there is no apparent progress and said they just don't come through. >> china says they have come to the table. they are willing to buy more u.s. farm goods. obviously they have their own redline. they want the u.s. to come to the table with concessions for huawei. these are sticking points from both sides. it would be critical to see what kind of movement comes out of these talks in shanghai. >> trade negotiators left early today with neither side feeling like they made much progress after president trump set the stage by accusing the chinese of ripping off the united states. the chinese after the fact saying the united states would have to show sincerity and good faith before anything could get done. >> the pressure on bot

u.s. and president trump ordered companies to leave china. slumped afterket the u.s. president warned he would hit back. to come backre due in september and will target u.s. agricultural products, crude oil and cars. he will have more in a moment. first, let's go to heidi joe castro who is in washington. it is not clear how president trump can compel u.s. companies to in the operation in china. >> that is right and that is the most stunning part of these series of tweets is. he had a very strong reaction to beijing's reaction that these tariffs are coming and the president tweeted that u.s. companies are hereby ordered to immediately start looking for an alternative to china, including bring your company's home and make products in the usa this speech directed towards private u.s. businesses is unprecedented in american history and there is no clear indication how the president can even begin caring forth on this order of his, but what we do ,now is that indeed, investors the dow has had a dramatic decline and at the timing of the announcement, it is significant as well, a very sophis

>> the u.s. treasury department imposes sanctions on iran's foreign minister. ♪ hello again, you're watching al jazeera live from london. coming up, 15 people all from the same family are quarantined in the drc as concerns that they have been infected with ebola virus. protest leaders called for a million man march in sudan to demand justice for the demonstrators. the un's security council urged to convene after north korea carries out a second ballistic missile test this week. hello, the u.s. treasury department has imposed sanctions on iran's foreign minister mohamed josh sharif. it includes freezing assets in the u.s. as well as travel restrictions. u.s. officials have said they do not consider the reef a significant decision maker in future talks about the neuron you clear deal. -- the iran nuclear deal. for a washington, d.c. significant decision. what other reasons has the trumpet administration given for sanctions. the primary reason why the trumpet administration says at least in legal terms that it is sanctioning mohammed jared's arif the iranian foreign anister is that he

global growth slowdown is feeding into the u.s.. it is ang to say manufacturing recession globally, feeding into the u.s. how does that affect the service sector? they have no idea how to get inflation higher. they are really selling this hard as an insurance cut. the market reaction tells you there is no believe that these insurance cuts will work. we have been calling for an extended easing cycle, to markup this year, three more potentially next year. i am very skeptical that this will work. it is not really changing our call, but powell has this waffling attitude on wednesday. i think that would have changed, had the tweet come out tuesday. jonathan: most people would agree, a terrible performance. wasou believe monetary ease going to work, inflation expectations would be higher, longer rates would be higher, that is not happening. robert: it is not happening. there are different styles we have seen at the fed. what we are used to from mario draghi, janet yellen, alan greenspan, they really get the committee on a message, or at least come in with we are easing conditions, that i

zimbabwean constitution. the u.s. is continuing to push for the detention of an iranian oil tanker held for $43.00 days and gibraltar the department of justice has issued a warrant for the ship to be seized for the ship is now preparing to leave gibraltar after the supreme court judges in the british territory ordered its release a new crew is on board the supertanker is also being given a new name it's now sail on the iranian flag after its registration was switched from panama under simmons has the latest from general. heading towards this renamed reregistered ship $44.00 days after she was seized off the coast of gibraltar broad edification systems still saying grace was destination the mediterranean. as you can see there's nothing on the flagpole now the problem a flag has been removed apparently the iranian flag will eventually arrive and down below there's no signage whatsoever to indicate what name this vessel has it is the exit and area it was grace warned but no sign of it now but navigation systems all of them indicates that it's still grey swan so in terms of maritime law thi

legislature is really dominated by the u.s. to be party a. pass those laws. and so of our. in straight. you know 2015 elections the votes are really tried to play a political role. and to explain that we're too he has visited sri lanka many times and i think it is a game and his role model of the monks not sit at the park but i kind of. and according to the new 3 lankan constitution. there's a party composed of what is monks is committed and then they also entered the election and got elected. most in sri lanka because of the general emergency. the buddhist monks became very active in politics the same thing is repeated in your mind the political role the nationalist role and the colonial role you know. but i would say sri lanka was peds in politics so militant monsters extremist monks in yemen now look at sri lanka as a kind of role model. so the full power doesn't exist anymore you know that initial gong so they have to find something. and they say that the same thing for them in the military they need any means to justify their big budget cinema and their existence. there is the lov

to israel on orders from president trump to u.s. democratic congress women are bird from visiting the country after tweets by presidents donald trump prime minister netanyahu says the women's visit would negate the legitimacy of israel also coming up free to go drones or will release the iranian oil tanker it sees last month and that's despite an 11th hour plea from u.s. authorities who wanted the vessels detention extended. and a nother miracle on the hudson this time in a cornfield near moscow a pilot is healed as a hero after a flock of seagulls forced him to crash land soon after takeoff. on the rocks thank you so much for your company everyone tonight israel has barred 2 u.s. democratic congress women from entering the country after president donald trump says they should be banned in a tweet prime minister benjamin netanyahu is office is shoot a statement claiming the visit was intended to quote negate the legitimacy of israel representative rashida tal of michigan is a born and bred american of palestinian heritage. omar of minnesota and a grated with her family from somali

said repeatedly that there would be no new tensions with iran if the u.s. had not withdrawn from that iran nuclear deal germany's act of defiance is also a clear one a firm no to a naval mission led by the u.s. well what about a naval mission led by europe last week the u.k. proposed just that but its new prime minister and government apparently consider a naval mission off the coast of iran without u.s. military muscle to be a nonstarter an idea that germany apparently best not share apparently tonight we simply don't know 1st here is what the german foreign minister said earlier today. i was trying to get definition we do not want to join the united states atrocity of maximum pressure we do not want any further escalation and 2nd is needed we must recognize that there are incidents that need to be dealt with you can british government will say again later today house intends to do with this we have agreed to germany france and great britain will coordinate very very closely on this issue with time in this by d.m. teams so there you have the german foreign minister clear about that n

leaders talk about the u.s. japan alliance and its strategy to respond to regional and global security challenges. the formerclude joint chief of staff chair michael mullen and the former director of national intelligence. this runs two hours. >> i am the senior president for asia and japan chair here. before we get started we have to do a brief safety announcement. about 10 four-star admirals and generals in the room. this former boy scout will be in charge if there is a need to evacuate. we will head out and had around the corner. we will head out the back. we have simultaneous interpretation. there should be headsets on your chair and if you have any problems just wave and somebody will come help you. leave them on the chair when you are finished. then weake them home will send the new defense force rapid deployment force to your house to retrieve them tonight. eight here to hear from distinguished former flag officers from the united states and japan who participated in this year's u.s. japan military stasis forum which was established by the asia-pacific initiative. we wi

decade. larry summers says the risk in the u.s. is higher than it was two months ago and higher than it needs to be. morgan stanley said that the u.s. put tariffs on imports for 4-6 months and a global contraction is likely within three quarters. an extremely high degree of uncertainty in markets. you see that with all the assets people run to when they are scared. long-term u.s. bonds, gold, even bitcoin, that is a sign that people are anxious. >> president trump is bashing the fed again, firing off a string of tweets calling for faster rate cuts. he said that the fed doesn't understand that the u.s. is competing with other countries. he also says the fed is too proud to admit mistakes of acting too quickly and tightening too much. oil clawed back some losses after saudi arabia spoke to fellow producers about recent slide. prices fell to lows not seen since the start of the year. a surprise surgeon stop miles fueled new worries -- a surprise search in stockpiles fueled new worries about a glut. fears of recession. british airways says it fixed a computer glitch that caused the cance

says it will stop chinese companies from buying u.s. farm products allan fisher house wolf in washington d.c. . well donald trump said he was going to call china come see manipulator on his 1st stay in office it's taken until now you certainly were expecting from the treasury sexist evolution some sort of ruling on whether or not he thought china was a currency manipulator in october it's been brought forward just in the last few hours donald trump said on twitter that he believed china was manipulating its currency to try and gain an unfair advantage against the united states now when they made their surely they could have years one of 2 laws they could have gone with the 2015 law or the one that was drawn up in 1900 they decided to go with the 1988 there's a reason for that it's a slightly broader remit it gives them a wider option on how they can declare china to be come see manipulator what it means know is that stephen ition with donald trump's backing will go along to the international monetary fund and see china is essentially blocking the rules and you need to punish t