watching "bloomberg markets: middle east." qatar and talks about hotels in francisco -- san the properties valued at up to one billion dollars. they could sell for less. starwood has been trying to sell real estate before being acquired by marriott. goldfinger expects to tap capital markets to fund new aircraft. speaking in riyadh, khalaf al habtoor says the airline would also finance aircraft through leasing. he highlighted staff reductions as a sign of their turnaround. >> we have done a major restructuring. have more than 6000 employees per today, they have short of 3000. today, a vast majority are newcomers. the company will do a they profits,d, commercial commercial testing. it could transform the company from the state owned to commercial. industriesudi basic improving operating efficiencies. [indiscernible] we are seeing a pressure on the pricing and profitability. we are leveraging the strategic capability. we have a product portfolio. they will appear like a one-stop shop for all of our customers. the other thing is we are leveraging cost efficiencies. trump is all but

london to qatar. here is what we are watching. oil rises over $50 a barrel for the first time in months. shares of energy and mining companies are gaining, as well as the currencies of oil-producing countries. mark: bill gross is trying to go short on credit, a position he says runs contrary to his instincts and training as an investor. vonnie: and a preview of the grande pre-where some of the world's wealthiest most gather. much more than a formula one race. all right, before we get to that. let's head to the markets desk. have the three major averages trading slightly lower. this includes the dow, the s&p 500 and the nasdaq. the best sectors are energy, consumer staples and consumer discretionary as for the consumer being back today, relatively to the consumer staples sector, we have cost go -- cosco up on stronger levels. again, it appears that the consumer is back today, at least in some areas. well-knownook at two stocks trading higher, netflix and time warner. both in the news and the financial times. the financial times says apple may be looking to buy a media company. a top appl

. thank you for joining us. scarlet: we have a lot more to talk about. qatar a record $9 billion year old on issuance. bond issuance. ♪ scarlet: it is time for the bloomberg's newsflash. google has emerged victories in a copyright lawsuit brought by oracle, wiping away a $9 billion claim. google madethat fair use of oracles copyright. oracle says it will appeal the decision. tox: microsoft and facebook build an underwater internet cable across the atlantic ocean. it will carry data between america and southern europe. capacity to unused other customers. scarlet: gamestop falling after the company said it sees second-quarter earnings trailing estimates with comparable sales declining 4% to 7%. it did reaffirm its full year outlook. that is the bloomberg business flash. "what'd you miss?" sold $9 billion in bonds wednesday, double the amount expected. this marks the biggest ever 2016 offeringsts to more than $9 billion. our bloomberg is reporter. to hear middle eastern governments sell bonds to raise cash. what is going on here? for gulfquite a change governments. had has happened is

-- qatar market on the way down. manus: thank you. let's check in on other stories making headlines around the world. shery ahn is with us this morning. aramco is planning a listing in london, new york, and hong kong. they are hoping exxon mobil, sinopec, and bp will take strategic stakes. that would turn the world's biggest oil exporter into the largest public we traded company, with a valuation that could reach $2.5 trillion. in touch withet bondholders to explain why they failed to make an interest payment last month. the malaysian state oil company has -- will have a call scheduled to him take place on may 23. defaulted on a $1.75 billion bond last month after a dispute with a co-guarantor. the greek government says it has enough support among lawmakers to approve pension and income tax reforms as part of a $6.2 billion package to secure further aid from the imf. parliament debated the issue that day before -- the day before eu funded ministers will review status of the bailout. they will consider whether to release the second installment of the $98 billion rescue package after

adjusting to in lands -- a new landscape. qatar sold $9 billion of euro bonds. the deal brings sales from the region to almost $30 billion, as energy exporting nations borrow on the international market. hases in banco popular plunged after the spanish lender said it would raise by selling new shares to the company plans to use the money to clear failed real estate assets and restore probability. for yahoo!de a bid according to people familiar with the matter. it has previously been thought the telecom giant had decided against making an offer. shares in yahoo! fell 5% yesterday. at&t was little changed. that is the bloomberg business flash. francine: thank you so much. everything you need to know about today. two to three hikes the year, the first will come in june or july, that seems to be the consensus from fed speakers. one of the factors that could derail the june hike is a vote in the u.k. >> our meetings are june 15. 23rd.exit vote is the some amount of tail risk, destabilization. we will have to make a judgment as to how big a factor that is going to be in us being able

family. >> jackson married her third husband a business messenger in qatar in 2012. no official word about what the baby might be arriving. >>> in next story will make you think twice about holding on to a tub of carrots or inside a bus at a safari park. >> what could possibly go wrong? what one parkgoer did in north carolina when this happened. >> don't. >> that's a danish tourist got way more than she bargained for at this outing at aloha have ferrari south of raleigh. >> the giraffes were sticking their neck out for a snack. >> i think they got a nice feast. more news after this. just like my moderate to severe rheumatoid arthritis. and i was worried about joint damage. my doctor said joint pain from ra... can be a sign of existing joint damage... that could only get worse. he prescribed enbrel to help relieve pain and help stop further damage. enbrel may lower your ability to fight infections. serious, sometimes fatal, events including infections, tuberculosis, lymphoma, other cancers, nervous system and blood disorders, and allergic reactions have occurred. tell your doctor if y

order to start a family. >> jackson married her third husband a business messenger in qatar in 2012. no official word about what the baby might be arriving. >>> in next story will make you think twice about holding on to a tub of carrots or inside a bus at a safari park. >> what could possibly go wrong? what one parkgoer did in north carolina when this happened. >> don't. >> that's a danish tourist got way more than she bargained for at this outing at aloha have ferrari south of raleigh. >> the giraffes were sticking their neck out for a snack. >> good morning washington. it's thursday may the fifth. happy "cinco de mayo".. and happy friday eve. good morning washington. i'm autria godfrey.. and i'm larry smith.. toss to eileen today: cloudy and cool. spotty showers. highs: 56-60 winds: ne 5 mph tonight: rain likely. patchy fog. lows: 48-52 winds: nnw 5-10 mph friday: overcast with rain. highs: 57-60 winds: nnw 5-10 mph 410 410 overnight. while many people were sleeping.. a section of wisconsin avenue in northwest was shut down after a man climbed to the top of the scaffolding around

seven embassy represented and then we have perimeter embassies like the african union mission, qatar and mexico and those might be easier to get into because there's not so much concentration. >> quickly tell me how people can get tickets to participate. >> everything's free. come to dupont circle or at national cathedral where we have an information booth, pick up a program, take a walk and enjoy. >> thank you very much. thank you for being here. sounds like it's going to be a great weekend because it doesn't look like it's going to rain. >> that's the big thing. >> thanks a lot. i'm really ready to make the trip. >> thank you, barbara. coming up after the break, a picture that you will want to see to believe. d we'll say is a very uncomfortable predicament. and as barbara mentioned, hoping the weekend looks a lot brighter than these past couple of days have been. we'll check in with lauren after the break. vo: for dominion, part of delivering affordable energy includes supporting those in our community who need help. our energyshare program does just that, assisting with bill pay a

. >> i have a lot of questions about your trip to qatar, but first a lot of questions about the republican party. there is a claim from the trump campaign that advisers of yours have been pitching you hard to the trump campaign to be his running mate, that you really want the job according to these trump campaign officials talking about these advisers. what is your position on that? >> well, it would be impossible because i don't have very many advisers. our campaign is no longer running. unless they have been talking to my wife which is my critical adviser. >> does she want you to be -- >> like i said yesterday, i think donald -- he's the presumptive nominee, but he would be best served by having active surrogates who agree with him on these issues. my reservations about his campaign and my policy differences with him are well documented and they remain and i think he would be best served by having people close to him and his campaign that are enthusiastic about the things he stands for. >> you have raised concerns throughout the campaign, ones that you're standing by, about hi

. statistics,t the qatar is already having now, you see the growth is still going on. it is slower than it used to be but still on an average of 6%. we have the highest gdp per capita in the world and still growing as well. all these signs give the indication that we are on the positive track. sector,at the tourist this is where we focus a lot. francine: the oil price slowdown hasn't really impractical -- impacted your projections? have there been shops that wanted to be in your law that had to pull out or offer discounts? rony: not pull out. the market is still hungry for retail space. there will be two or three major shopping malls that will be coming in the market which will add another one million square meters of retail space, but the market needs that space. international brands are looking for space they cannot find. thee new models providing opportunity for all these international brands to enter a successful market. francine: argue in coronation with the other malls -- are you in competition with the other malls to attract the best brands? rony: it depends on the strategy of ea

. isis is claiming responsibility but the syrian government blames turkey, qatar, and saudi arabia. >> more than 2600 migrants were rescued in the past 24 hours in the mediterranean. the italian navy which released had this video participated in the operation along with malta, ireland and doctors without boarders. they were using riktetty rafts and rubber boats to try to reach africa. >> federal investigators will be looking into the cause ever cause of a deadly plan a sky diving plane crashed and burned just after takeoff on the island of kauai. it's believed the pilot, two instructors and two jumpers were on board at the time. >>> and another small plane dplash hawaii. this one off of han lulu. the aircraft was approaching the airport when it crash landed into the water. two lifeguards swam out to help the passengers on board and then a jet ski rescued all four. underwater images show the small plane right where it crash landed in the water. >>> a plane than had just taken off from the denver airport was forced to return after a bird strike. abc's kayna whitworth has the details.

offer from qatar. of 15 billion dollars. saudi arabia a bond sale as much as $15 billion. that is a big number. david: come on in, the water is fine? thank you so much for being here carl riccadonna. aree perkin come you staying with us. how likely is tesla to reach his production goals for the model three. and analyst reveals his forecast . look at shares of tesla. down 7%. the biggest yearly decline since going public. more "" is next. ♪ david: this is bloomberg "." i am david weston. later, talking about oil and opec. ♪ vonnie: rising 5% in the past year. this is according to the home schiller price index in march. the biggest gainer is portland, oregon with home prices increasing 12%. prices in cleveland fell 1/10 of 1%. americans have been shopping at a record pace. households are ready to jumpstart growth following a sluggish first quarter. 14,000 verizon employees heading back to work after walking off of the job six weeks ago. raisin reached a tentative agreement with the unions calling for 1300 call centers and 11% pay raises over four years. health care changes

conditions? javier: the pain for the producers has been really acute. you see qatar borrowing $9 billion. they have a big production, relatively reduced population. it is not a country you would expect to be in trouble. that at $50,ing us the problem is not over. although the markets have rallied, we are up about 80% from the lows, we are only back to the level we were in november. back in november, we were talking about trouble for producing countries in the middle east. yes, the situation is better, but will qatar is telling us is it is not mission a come pushed. $50 crude, there is an obsession with round numbers. reporting $50 is actually quite significant for a lot of producers out there. javier: particularly because we are beginning to see a lot of overselling by shale producers in the u.s. rally in distressed that come junk that for u.s. oil producers. bankssignificant for the that were financing these companies. slowdown.ally a breathingovide some space for the banks. wti at $49.86. vonnie: a warning from shins oh on they asked the g-7 meeting gets underway in japan. jodi schneid

, qatar airlines, is talking about adding that to all of their planes in the near future, but at a cost we believe of tens of thousands of dollars per plane, not to mention the infrastructure you have to build out on the ground to be able to collect all of that data and interpret it and keep some of it. so we haven't seen aircraft or airlines, rather, really embracing this idea of live streaming back to headquarters. but because we've now lost two airplanes over the course of the last two years, with 804 and with malaysia 370, there is increasing talk from the international association of civil aviation to try to encourage airlines to do exactly that. stream back live data from their black boxes in addition to satellite coverage so we always know exactly where these planes are at all times. >> so you mentioned the financial hurdle to that could be tens of thousands of dollars for each plane. but then there's also the logistics of it all. this isn't exactly the kind of thing, or correct me if i'm wrong, perhaps it is, where we could flip a switch and say by the end of june, we can a

also some of the islamist groups the united states and qatar have been supporting. that battle space is very conflicted. i think both the u.s. and russians now are playing for some kind of dim pact resolution. i think the russians looking at this realized what a brahamable bush this is and would actually like to see the diplomacy work if they could find a way. >> rose: and what is the way? well, in theory, the way is the geneva process our secretary of state john kerry and the russians have been working on, which is to get the opposition around the table with elements of the syrian regime and with the support of saudi arabia, iran, turkey, all the feuding neighbors and hammer out some kind of process for political transition. i think the problem is that bashar al-assad thinks he's winning. why should he come to the negotiating table. he and his russian friends are more powerful now than they have been for the last few years. why should they make concessions in a negotiating process? so it's gotten stuck. whether secretary kerry can unstick it, we'll see. i don't see in the west, i hones

where you really want to be in our areas that are qatar and like iraq, the lower-level left-hand side of the screen, so they have a lower operating costs, lower break evens, but you say it is not about going in there in doing with reserves, they can pair up in different ways. >> if you look at exxon, it has a world-class chemical company. it would one of -- be one of the biggest chemical companies in the world on its own, and they can definitely help countries like saudi arabia turned that crude oil into other products. one of the things the saudi's like to do is get away from relying on exporting raw barrels, so as far as his companies can use their expertise in other areas, that create an open -- that could create an opening to partner up. >> thank you so much. for more fast commentary, search for us on the web. >> coming up, our mystery stock. shares may get all dressed up. ♪ scarlet: live from bloomberg world headquarters in new york, i am alix steel. scarlet: i am scarlet fu. this is bloomberg markets. let's head to the bloomberg markets desk were julie hyman has to big reveal on

affiliate, which is now planning its own -- some sort of emirate, getting arms from our allies, qatar and saudi arabia. our own -- the cia is arming them. we don't know at what level. it is clandestine. as much as possible, cut back the flow of arms, the level of violence, try to save people from destruction. there should be far more support going simply for humanitarian aid. those who are building some sort of a society in syria -- notably, the kurds -- should be supported in that effort. these efforts should be made to cut off the flow of jihadis from the places where they're coming from. and that means understanding why it's happening. it's not enough just to say, "ok, let's bomb them to oblivion." this is happening for reasons. some of the reasons, unfortunately, are -- we can't reverse. the u.s. invasion of iraq was a major reason in the development, a primary reason in the incitement of sectarian conflicts, which have now exploded into these monstrosities. that's water under the bridge, unfortunately, though we can make sure not to do that -- not to continue with that. but we may li

of his greatest errors of not ensuring stability there post gadhafi. we have turkey and qatar and sudan that have been fomenting fact and need to get them back in line to get that country to be whole again. >> dr. schanzer, thanks for bringing your perspective on this. >> my pleasure. >> well, coming up this guy is feeling the burn, not from the campaign trail by from his core. why he's putting his abs through hours of the ultimate workout and one family still in disbelief after striking it rich. hear how they found out they truly won the golden ticket. >> i just want you to know that anything can happen if you try. real is touching a ray. amazing is moving like one. real is making new friends. amazing is getting this close. real is an animal rescue. amazing is over twenty-seven thousand of them. there is only one place where real and amazing live. seaworld. real. amazing wrely on the us postal service? because when they ship with us, their business becomes our business. that's why we make more e-commerce deliveries to homes than anyone else in the country. here, there, everywhere

about the freeze, and they are in talks with qatar and others about it. the saudi view is that they are not going to cut back, freeze, or do anything while iran is increasing. meanwhile, the iranian oil minister said we are in an undeclared oil war with saudi arabia. they don't even have diplomatic relations with each other. it is hard to have any deal at this point. the producers may shrug and say, we don't need a freeze right now. the freeze was february, which was the bottom of things. alix: and saudi arabia really picked up after that. said?need opec if they will not be using it to balance supply and demand globally, what is the point? >> there have been many epitaphs .aid for opec its role changes at different times. it is a framework when producers want a framework for things. i think, right now, the clash between iran and saudi arabia makes it very difficult for opec to do anything. i think the times when they decided it is in their interest to have a framework, that is when you see it be more active again. it brings them together and gives the opportunity to talk to each other.

clinton foundation that has taken millions of dollars from countries like qatar, saudi arabia, who have some of the worst practices against women. she can sit there on the campaign trail and say one thing, but when you look at the actions in her personal professional life it's nothing less than hypocritical. >> let me play sound from donald trump this weekend talking about women. >> all of the men were petrified to speak to women nominee. we may raise our voice. you know what, the women get is better than we do, folks, they get it better than we do. >> what's your reaction to that? women get it better than we do? >> i always have looked -- i think conservative women look at males as a teammate, we don't want to be better or less, we want to work with them. there are advantage s to gender to everyone including politics. we knew hillary clinton would demonize any especially males -- >> i'm asking you about donald trump's comments. there are women who hear him say that and say, are you joking, the barriers i faced in my life as a woman compared to men. you just mentioned the barriers

syria for almost 10 months. turkey and qatar out in the release. helped in the release. donald trump is questioning the need for republican party unity. on sunday shows, he was questioned about lack of support from paul ryan and other republicans. meanwhile, wall street is giving a boost to hillary clinton. 53% ofh, she received oosts from executives, up from 36% in march. global news 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus around the world. tom: thank you so much. most no. path that that is long-term and consistent depreciation of the south african currency. it has moved over 20 years from four to 14.89 to the dollar. rhodope is minister to the president and the cabinet member who has lived the south african political experiment. we are honored that the minister joins us this morning. give us this day of south africa. we have seen depreciation of the rant. give me the optimistic take on the future of the nation. >> thanks for the opportunity. firstly, we indicate that we are part of the global economy. we are not isolated. we do not live o

foundation took a lot of money from countries like kuwait and qatar and the uae and saudi arabia. countries with atrocious records on human rights and especially women's rights. women still can't drive in saudi arabia, they're told how to dress and they need a male relative to even leave the house and go out in public. and i've never -- i looked hard. i never found one instance even though we're talking about over $100 million to that foundation where hillary clinton has ever repudiated these countries with that atrocious record. i think that is probably going to end up being a much bigger story than anything that "the new york times" laid out that is now being debunked. your thoughts? is that a big issue? >> well, look, i think the more you look at the clintons, the more you realize how bad they are for women. you realize how little they care about women. this is a couple who believe in themselves. they're a couple who accepted money from a wide range of dubious sources. they're a couple which apparently were basically selling access to the state department and using the u.s. go

clinton foundation has accepted money from countries like qatar, algeria, inherently misogynistic. there is mutilation, spousel abuse, rape. that is millions of dollars. so to say that donald trump is -- >> what? she is not -- >> lifestyle? >> the clinton foundation is saving people's lives. >> that money still came from the country. >> our country gives money to countries like saudi arabia and to egypt that also have horrible policies. >> and she never brings -- the countries i just mentioned. she never brings -- >> misogynistic treatment himself. >> thanks very much to our excellent panel tonight. "outfront" next, president obama slams donald trump, saying he is rattling leaders around the world. why is trump saying that's a good thing? >>> and millions of people travel through these tunnels every year. tonight, "outfront" takes you underground for an inside look at crumbling walls. >> this salt is eating away at the concrete that's eating away at the rails. ♪ ♪music continues [daughter] papa! [father] i missed you! [daughter]did you bring new ones? [announcer]you work hard for mor

hopeful on that. >> do a lot of stuff in the middle east. just got back from qatar two weeks ago, building a port, some of the stadiums for the world cup. they are exposed to commodities. any sign that the middle eastern customers are cutting back or slashing projects because of what's happened to oil. >> in the middle east, especially in the petro-dollar fueled countries, a little bit of a pause but those countries have significant financial reserves and are investing in infrastructure for the long time. recently in doha, a fabulous $8 billion port, the largest new greenfield port in the world. diversifying their economy and trying to engage more in global commerce, not just in the oil business, so we're hopeful in that market also. >> just incredible, you go to due buy and everything is new, everything is brand new. mike burke and chairman of acome, thank you so much. pushing for a infrastructure bill. >> thank you. >>> by no means close to being done at the milken conference. coming up in 45 minutes former england prime minister tony blair will talk about. we'll talk about the

. it says the attacks were efforts by turkey, qatar, and saudi arabia to derail the peace talks in the five-year civil war. dozens of people were killed in the explosions. till now, the cities had been fairly safe. >>> one of the police officers accused in the death of freddie gray was acquitted. a judge ruled edward nero played little role in the case. there were no riots after his acquittal. but many in the african-american community are unhappy with the verdict. five other officers still face charges. >>> a week of severe storms in the central plains. heavy rain flooded many streets in wichita with many cars stalled in high water. some people drove around barriers to drive through standing water and then were surprised when they got stuck. and it looks like a winter wonderland. this is central pennsylvania in late may. there's so much hail it, fell so quickly that it coated the ground with a layer of ice and slush. it melted away quickly but not before clogging storm drains. that created minor flooding, as well about the violent storms today extend all the way from north texas u

donald trump claim. he says the u.s. has more natural gas than russia, iran, qatar, and saudi arabia combined, but when we checked that on the u.s. government website, they say u.s. has 388.8 trillion cubic feet of natural gas reserves but russia alone has 1,688 trillion cubic feet. so russia has much more natural gas reserves than the united states. and that's just russia alone there. so those are two that don't stand up to scrutiny and were also flagged by the "washington post" this morning. and what about this claim made by donald trump this morning. take a listen to the sound byte. >> the department of just cities filed a lawsuit against seven north dakota oil companies for the deaths of 28 birds while the administration fast track wind projects that kill more than a million birds a year. far more than a million, i have to tell you. far more. >> now, that lawsuit about the bird deaths, that's actually true. that's something that mitt romney also cited on the campaign trail back in the 2012 campaign. ultimately, though, the judge threw out the charges in that case, but it's

understands that. egypt, the united arab emirates, qatar, saudi arabia, sudan, chad, niger, morocco, i hope i've not missed any of the north african players -- jordan -- i did miss one -- as well as the united kingdom, france, the european union, all signed on to this communique which is a full-throated endorsement to the government of national accord. it's like water hydraulics. i don't know if there are other kinds. you can't predict where an individual particle will go. if you dig a trench, most of the water will go down that trench. if you go down a channel and after you dig the channel, you then coat the channel and start putting in filters and a variety of things to get the water looking good and useful for more purposes. what we're doing is trying to create a channel for national unity and reconciliation. and for building the institutions libya needs for building enough stability so the economy can come back, distribute the wealth fairly, equitably to bring people in, and take advantage of libya's natural resources to rebuild the country. that's what we're trying to do. i thi

you don't really get to know because the programs are so kind of cookie qatar. it was through the making of the movie that i really got to understand what he had experienced and i think he understood what i was going through and what his mother was going through and it brought us closer together. it was an amazing experience for me. >> being a parent watching your child go through that. >> no. >> you pretty much relived it. >> it's devastating. it's absolutely devastating. yes, we did relive it. it was uncomfortable but at the same time the most thrilling creative experience we ever had. >> this morning speaking of devastating. >> are you interested in politics? >> no. >> this morning on "morning joe," you said a lot of trump supporters are, quote, racist." trump called in this morning to say this. >> people haven't had a wage increase. one of the reasons i have 25,000 people show up to hear me speak at one night and turn away 15,000 people is because these workers, these incredible workers, thee are the middle class, many of them haven't had an effective wage increase in 20 years

turkey and qatar to talk about -- to look at the threat of isis. what did he see in those countries? how bad is the threat from isis? how unstable are iraq and syria? we'll talk about that. in the context of the next president will be to face those challenges. >> we'll look for that live at the top of the hour on your show. meantime, before i let you go, texas senator ted cruz back at the day job today on capitol hill for the first time. what is it like, you know, heading back to work after, you know, such a race for someone like him or even marco rubio? >> you know, it's very interesting. first of all, it is different because rubio said he's not running for re-election and assuming he sticks by that, this is his last year in the senate. ted cruz did not make that pledge and the term is not up. and it's different. every senator deals with defeat in a different way. i remember senator john mccain in 2000 after he lost a hard fought race against george w. bush he came back to the senate and started working in a much more bipartisan fashion than he had been reaching out to senators lie

is planning a $5 billion bond sale. the slump in energy prices has hurt qatar's finances. adidas looking for a buyer for brand.lor-made we are waiting for the adp private payroll numbers. 195,000,pectation of the prior month was 200,000. i plotted a max. the six-month average is bumping along at 200,000 right now. miss, 156,000. added in the month of april. the 10 year yield takes a big drop as investors pile in. the index a look at futures. they have been down all morning. thou futures down almost 100 points right now. down .6%.s jon: what i think is really interesting at this point, there's two narratives here. one, it is a soft piece of data. when you get to full employment, the pace of job gains should slow. it is only one data point. it is fascinating going forward, --get more in the one 50's 100 50's, how you explain that is a good thing and not a bad thing. , how you explain it is a good thing and not a bad thing. matt: we are expecting softer jobs on friday when we get the change in nonfarm payrolls. that data is expected to slow down as well. i don't know how investors w

hands right away. >> reporter: last year qatar's airways said its entire fleet will eventually stream flight data. another carrier is already doing so. according to ceo of the satellite communications company iridium, black box streaming technology can cost tens of thousands to maintain and install on each aircraft. >> it may be that airlines are trying to figure out what is the best, most cost-effective solution that will fit all of their issues. >> reporter: the current system relies on ground-based radar to monitor planes. that leaves more than 70% of the world uncovered. one alternative -- using satellites to track a plane's gps transponder which would relay its speed, altitude, and location. iridium hopes to have such a system up and running by 2018. >> a global surveillance system can track that airplane down to the second and help you find it quickly. >> reporter: aircraft already transmit engine performance date in flight. herzman thinks many airlines won't take steps to stream additional information without a push from regulators. >> we have an ability to do wi-fi on the plan

? >> think about this. why did we give up five prisoners to guantanamo bay to send them book to qatar at the front lines of isis in order to get one of our men back? >> to present both sides of the situation here, we report you decide, the reason they would thank them there are other underlying diplomatic relations -- we don't have diplomatic relations formally with iran. when you're dealing country to country, there are ways you send messages both publicly and privately. clearly secretary kerry had some reason for wanting to send a public message to iran. we don't know why. we may never know why. >> they are begging iran -- >> they were trying to push this iran nuclear deal. >> they are begging iran to maintain the deal which is the president's foreign policy legacy. they will do anything, virtually anything. >> let me present one other side to that. the other side this administration has been trying to get international consensus. that is the way it is trying to run the foreign policy not having us be policemen of the world by getting other countries involved. there could be administration

coming from the gulf. of course, in the case of qatar you see the link with the muslim brotherhood, and you see the partnership between the department and secretary clinton and the brotherhood all over the place. and it's the news in egypt, in libya, in other parts of the world. but on the other hand, the constant policy of being partners with the islamists is a result of that influence coming from the region. there's no doubt about that. stuart: yeah. we're coming into an election here. hillary clinton is the democrat candidate, and yet she's been doing business and taking money for the foundation from regimes which suppress human rights and suppress the rights of women and gays in a systematic fashion. i mean, that cannot look good in the election campaign. and i'm sure, as donald trump's foreign policy adviser, you're going to tell him what -- [laughter] you're not going to tell him what to say, but you're going to raise the issue, aren't yousome? well, way before that, there is the issue even more complicated. some of this amount of must mony coming from, for example, the uae t

nusra front. turkey and qatar helped secure their release. >>> saudi arabia, the world's largest crude oil exporter, the kingdom is restructuring its government in hopes of diversifying its economy away from oil dependence. it cost the country's veteran petroleum minister his job. john is live with this story in abu dhabi. it's good to have with us. why is this being done? >> well, indeed, you are correct. it is a very big move. in fact, this has been the talk of the oil world, if you will for the better part of a year. ever since the deputy crown prince in saudi arabia has consolidated power, george, and is trying to change the economy. he's looking for some fresh blood in some very key positions. but the most powerful man in oil at one point was the minister of pe treel yum -- petroleum. he sat aat that point the largest reserves in the world and as a result was the defacto leader of opec, but that all changed, a royal decree by the current king, when they were looking to bring in young blood and push forward a plan they call vision 2030. this is an effort to reduce the dependency on

away. >> qatar said entire fleet would stream flight data. a carrier in canada already doing so. the satellite communications iridium said it costs. >> it may be airlines are trying to find the best, most cost effective system. >> it relies on ground based radar to monitor planes but that leaves 70% of the world. a transponder would relay speed, altitude, iridium hopes to have it by 2017. >> can track the airplane down to the second and help you find it quickly. >> reporter: they already transmit engine performance data, they think they one take steps for additional information without a push from regulators. >> we havable to do wi-fi on the plane. it's about making sure the safety data gets as much priority as the entertainment. >> reporter: other factors here, experts say that traditional technology radar virtually works, works pretty well. when you look at black boxes, they are almost always recovered from accident scenes. of course, the cost of the new technology, that would almost certainly be passed on to flyers. charlie. >> thanks, kris. we'll continue to brink you updates on

facts and decided to politicize this for purposes of returning taliban to qatar, from guantanamo. bill: you're making the argument he can't get a fair trial as long as president is in oval office. i don't buy that! >> to play it safe i think the army is doing the right thing. get it past the presence of the president, allow a new chain of command to decide his ultimate fate. let's face it. i think undue influence by the president has influenced why it is taking so long. a number of my facebook fans commented. it should not take this so long. it is very cut and dry he did. because the president got involved and other things happened the process gone way past the point it should. i understand the why the army is pushing this off to the next administration. bill: wow, seems too long of a wait, colonel. >> i agree. bill: this is, have you debated this before or is this kind of new ground that you're plowing here to justify the delay? >> i think the army's doing the best it can with what it has. i think a lot of folks are calling for bergdahl to be held accountable. bill, people did d

and qatar, i know you don't support hillary clinton and i know you don't support the foreign policy world view of donald trump, what you said in the past, what will you say, number one in the job interview? >> it's a difficult job no matter who holds it and particularly true six months from now for two different reason. the case of iraq, no the just the fight on isis. i believe ultimately isis will be defeated little tearily but something will rise to replace it, because the fundamental ingredients that led to the rise of isis remain. syria, a brutal dictator in bashar al assad literally massacring people as we speak and has done soap for the better part of six years. >> do you think mr. trump is up for the task? >> for the sake of our country, i believe he could. with the right people around him could make the right decisions with regards to that. in fairness, i've stated my differences, in fairness, he hasn't held public office before. some of these issues he's learning for the first time. my feeling, as he'll learn more about this as a president will, he'll make -- it would make

, qatar, turkey, with people who are moving an agenda for a radical group, that's a problem and, you know, the administration has gone astray, however, with the president's remarks today i think he's realizing some of the limits of encouraging countries to fund jihadist activities. it always blows back on the united states. you know, this is about time that we start paying attention to matters here at home. we can't solve problems all over the world, we shouldn't be for a fights with sunnis and shias. sandra: good to have you. have a nice weekend. >> thank you. sandra: all right. coming up. one of the most highly anticipated films of the summer and we have a clip you can't see anywhere else. it's exclusive. a sneak peak at independence day resurgence, next. big business of air shows this memorial day weekend. keep it right here on fox busins sfx: road noise sfx: tires screeching sfx: horn honking father: you pull in front of me! daughter: daddy! we don't say words like that! ♪just let your love flow ♪like a mountain stream ♪and let your love grow sandra: you know what i love, i

lot of questions about saudi arabia, qatar, other countries allied with the united states. a lot is still very murky. the united states is continuing to back the iraqi prime minister. "usa today" reports that ashton said monday that the united states supports the iraqi prime minister as he confronts a new round of political turmoil threatening his fragile government. facinghe has been internal political issues. basically rebellion on the political spectrum against corruption in iraq and misrule. it is largely within the shia community that that rebellion is occurring. it is happening at the same time as he is trying to make progress in the fight against the islamic state. difficult forry him. he is trying to appoint a new government, the parliament is unable to get a quorum together. demonstrations that have invaded the green zone, the area in which the government resides inside baghdad have been vigorous and sometimes violent. the permit us to looks very weak as a result. nevertheless, he's the best us inwe've got going for iraq, he is trying to do the right thing by fighting isis

backed by the u.s., that's backed by russia. that's also quite frankly by turkey, qatar, saudi arabia, and iran as well to make sure that all parties are on board and trying to move this forward. otherwise, they believe that what you're going to see is divisions among the ranks of the opposition. you'll have some trying to latch onto agreements like the one you saw in that report. you'll have others who say absolutely not. at the same time we always have to keep in mind that here in syria, there are bigger political problems at play as well. on top of the fact that you want a cease-fire for the whole country, there also is something called a political transition process where no side at this point in time is clear how exactly that is going to be filled. so the larger political issues are something that the u.n. believes these local cease-fires are not going to be able to solve. so they're quite skeptical of all of this even as the syrian government and the russians as well continue to push forward, trying to get these local agreements in place, errol. >> yeah, but still a very