obama says he has concerns about vietnam's human rights records. he made his comments during a speech in hanoi. obama: the united states does not seek to impose its rights on a vietnam. speak of i believe are not just american values they are universal values , written into the declaration of human rights. mark: three human rights activists were reportedly prevented from attending the president's speech. pakistan will conduct dna tests on the man killed in a u.s. drone strike to determine if he is actually a taliban chief. washington, kabul, and senior taliban commanders have confirmed his death. beginning in 2017, beijing will institute china's toughest fuel quality standards which the government says could cut 50% tons and the city by 20%. global news 24 hours a day , powered by our 2400 journalists in more than 150 news bureaus around the world. i'm mark crumpton. "bloomberg west" is next. ♪ emily: i'm emily chang and this is "bloomberg west." coming up, hpe getting an after our boost, in news they are spinning out a business to merge with another company. what it means for the c

you can do with the government and got a huge amount done. we forget looking back through vietnam looking backwards through what he accomplished in 1964, 19 65 -- he accomplished the civil rights bill of 1964, and to take that on it that time when he was seen as the accidental president after jfk's assassination, was an incredible story. mark: and bryan cranston -- >> he got his physicality. it is pretty amazing to watch. al: i saw the movie last night at the national archives. it was absolutely brilliant. you are so right about cranston. there were times you would see cranston and go back to a lbj scene and you did not know which was lbj and which was cranston. i thought j edgar hoover was absolutely phenomenal. robert carol's great work. >> our playwright became our screenwriter and the adaptation of his own tony award-winning play. he had done of research before the play. i got to inherit that. we did our own research. we went out and spoke to a number of people directly. a number of the civil rights leaders. ambassador andrew young was a consultant on our film and a number of

america like he has bankrupted his companies. obama pushed back against vietnam today on its human rights record. saidnoi, the president has he has concerns over the way vietnam treats its own citizens. : the rights ia speak of, i believe are not american values, i think they are universal values, written into the universal declaration of human rights. they are written into the vietnamese constitution, which states that the citizens have the right to freedom of speech and freedom of the press and the right to access of information, the right to assembly, the right to association, and the right to demonstrate. nejra: the president noted that vietnam barred some of the people the u.s. had invited to the meeting. global news 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus around the world, i am nejra cehic. tom? jaiteht's get to our check very quickly before we speak with ambassador haass. -- let's get to our data check or quickly before we speak with ambassador haass. the idea here, the vix churning. the curve flattening. gold is weaker this morning, at

crack the market. turning now to vietnam and president obama's historic tour. dave mcclure is still with us. they set up a fund to invest in local the enemies companies. what do you make of the president visit and highlighting entrepreneurship? guest: vietnam is a growing country and it's great to see president obama visiting countries where there is strong u.s. ties and helping to promote a culture of innovation. you have some experience with the vietnamese market. what would you highlight? david: i haven't been there, so it doesn't constitute my experience but we have a writer who has written a lot about it. there's a tremendous interest in health tech startups and just like almost every other country in the world, young people are aware of this entrepreneurial upsurge and a potential of getting rich and they all worship mark zuckerberg. a growing community in vietnam that would like to have an impact by starting companies. the problem is, while they have good education in their schools, the students generally don't come out of college with the kind of knowledge that would allow t

rose to prominence during the 1950's for his reports on the vietnam war. one report chronicles a u.s. torching of a vietnamese village according to what cbs had been .eporting president johnson was so insistent about it he called cbs news and tried to get him fired. cbs refused. he was 84 and retired last week after more than half a century at cbs. again, the longtime cbs anchor, the broadcast legend dead at the age of 84. will be back in just a moment. ♪ scarlet: you are looking at a live shot of a press conference in lower manhattan about an trading case with the former chairman of dean foods, who pleaded guilty today, as well as las vegas gambler william walters, who was arrested last night at a resort near las vegas. also, mr. walters was charged in a las vegas federal court today. scarlet: investors in retail stocks are breathing a little easier today after week numbers from bellwethers like target and macy's. walmart today beat analyst estimates. shares are rallying the most since 2008 on the relief. itst, walmart stock -- yes, made a comeback in 2015, but over five years, it

. president obama is in japan after a three-day visit to vietnam and attended -- will attend a summit of the g-7 nations tomorrow. he is the first sitting ,resident to visit hiroshima where a bomb was dropped. house speaker paul ryan has told confidants he is ready to end the standoff with donald trump. he may endorse trump for president this week. ryan is said to be concerned about the split that has developed within the republican party. coming up, it could be the biggest german deal ever and it might be getting even bigger. bid forst on bayer's monsanto. later, john chambers on how he is planning to wire the internet -- wire has company with the internet of things. ♪ jonathan: this is bloomberg . tempting you down to the market open, about 15 minutes before the open in the united states. positive about one third of 1%, and equities in europe, that rally picking up. vonnie: a relief on that greek debt deal. needed to get the market out of this? there you have it, the question for you. what is going to get us out of this? clear political events and this year is littered with polit

afternoon. mark: president obama is putting vietnam human rights records front and center. the president said he still has concerns over the way the country treats its own citizens. >> the united states does not need to impose its form of government on vietnam. the rights i speak of are not american values, they are universal values. they are written into the vietnamese constitution. mark: the president noted thenam barred some of people that the u.s. had invited to meeting. sumner roy blunt says robert onenald should resign -- says the comment is a clear sign that new leadership is needed at the v.a. 200 congressional democrats have written a letter asking paul ryan to end the investigation into planned parenthood. the panel was initially created to investigate the fetal tissue controversy at the center of undercover videos. iraqi forces backed by u.s. warplanes are battling islamic state on the outskirts of falluja. showso purportedly paramilitary forces and iraqi government troops targeting islamic state positions outside the city today. global news 24 hours a day, powered by our 2400

about the transpacific partnership in vietnam. he has talked a lot about this. what more does he have to say about it in the process of getting this approved? mr. rudd: the international challenge, frankly, the work has been done. the process is already well underway. which brings us back to the gold u.s. of a. u.s. of a> old opportunity for global free trade to get effective trade globalization done. it grows jobs. minister of a centerleft party in the commonwealth of australia, our party is united behind free-trade. we've seen it grow jobs in our economy with net benefit. adjustment onal the way through so you don't just trash people, through andopriate retraining effective inventions to find people new jobs, that's the way impact.th the economic david: we will hear more from kevin rudd in a few minutes. y is looking at company movers this afternoon. ramy: the retail sector, it has been a bad start to their earnings season. positive news for a handful of them today. up by sporting goods nearly 4%. goldman sachs is upgrading the stock to a buy from a neutral. it is the company b

symbols of wartime animosity between vietnam and the u.s. in hanoi today, he lifted the embargo on the sale of weapons to vietnam, hoping to strengthen commercial insecurity ties. the u.s. has confirmed that a u.s. drone strike killed a leader of the taliban. president obama called the killing an important milestone in the effort to bring peace and prosperity to afghanistan. is considered the most significant assassination in the forces war since u.s. killed osama bin laden in 2011. iraq has launched an offensive to retake the city of falluja from the islamic state. the prime minister says the aching arces are "appro moment of great victory." fallujah is 40 miles west of baghdad. the islamic state has controlled it for about two years. in the u.k., the treasury warns there will be a year-long recession if the country votes to leave the european union. the treasury lays out two scenarios in case of a brexit. under the "severe shock" outcome, gdp would be 6% lower than otherwise, and holding prices would fall 10%. the referendum on the eu was to 23rd. global news, 24 hours a day, pow

has removed one of the last symbols of animosity between vietnam and the united states. being driven by mutual concern china's influence. egypt is sending a remote-controlled submarine to search for that missing egypt air jet. trying to locate the voice and data recorders that could be almost 10,000 feet below the surface. french investigators say that moments before disappearing the plane generated automatic radio messages about smoke in the cap inch -- cabin. fever has fired markets cap after an internal investigation revealed he got in regular bonus payments are millions of dollars . do the payments over six years from 2008 2014 from additions to his employment contract according to the associated press, citing a person familiar with the investigation. a united nations official due to chiefwork next month as apostle permanent secretary general. global news 24 hours per day journalistsur 2400 and 50 news bureaus around the world. shery, david, back to you. starting with oil, oil dropped for a fourth day. settling at $48.11. in canada they work to reduce operations. shery: go

countries. pres. obama: this change will ensure that the has -- that vietnam has the weapons to defend itself. the: he made clear that u.s. was aligned with smaller nations like vietnam. russian president vladimir putin to hisring assurances syrian counterpart, bashar al-assad. toexpressed readiness continue supporting what he called syrian partners. a series of coordinated explosions today left more than 80 people dead. the iraqi prime minister is praising a military operation to retake falluja from the islamic state. the city's west of baghdad and has been under control devices for nearly two years -- under control of isis for nearly two years. a claim in georgia that prosecutors kept african-americans off the jury. timothy foster was convicted of killing a white woman in 1986. from bloomberg world headquarters in new york, i am mark crumpton. it is 8:30 tuesday morning in sydney. paul: good morning. u.s. stocks slipped, crude oil slipped. new zealand, that is slipping, too. we're expecting things to be flat on the nikkei and the asx in australia. locally, the iron ore prices likely

up about .25%. we saw it drop yesterday after asia closed into new york. vietnam and japan. these markets are just opening up for the first time this week. .7% lead by the bank there. look at thee a bank, it is up just over 2% in a lowestmarket despite the cash market in almost six years. paul, what is going on here? paul: the story of bad debt. as you mentioned earlier, bad 918 million up from the previous timeframe. that is behind the 24% drop in the profit. a big miss as well. analysts got 2.7%. not a great result. here is what the ceo had to say -- >> we are undertaking a significant rebalancing of our business to drive fundamental value improvement. we believe that the adjustment to our ratio to 65% provides a more conservative and sustainable base dividend per share. paul: dropping down to $.80 as well. shane elliott saying the result is a challenging timeframe for banking. rishaad: you are there for the project later on. -- the budget later on. does the government have much wiggle room? paul: no, nor do they have much money. howreal question is just big is the deficit going

pay and to make it easier to fire employees. president obama pushed back against vietnam today on its human rights record. hanoi, the president said he still has concerns over the way vietnam treats its own citizens. obama: united states does not see to impose our form of government on vietnam and. the rights i speak of i believe are not american values, i think they are universal values. written into the universal declaration of human rights. they are written into the vietnamese constitution, where you have the right to assembly, the right to association, and the right to demonstrate. vonnie: the president noted that vietnam barred some of the people the u.s. that invited to a meeting. global news, 24 hours a day, powered by 2400 journalists in more than 150 news bureaus around the world. thank you,jonathan: vonnie. governor mark carney has been testifying over concerns that the potential of the u.k. may leave the european union. he discusses the consequences. >> there is, in our judgment, not just my judgment but the judgment of all the numbers of the committee, there is a degree of

the malicious applications in bangladesh as well as vietnam and in the philippines now had similarities and shared code with code used in south korea to wipe a variety of banks and broadcasters there as well as the sony attack. emily: the chairman of the s.e.c., mary jo white, has said she believes cyber security may be one of the biggest threats to the industry. she says policies and procedures are not tailored to their speck rinks. so how do you think, how vulnerable is everybody else? >> two great questions. it really doesn't matter who is behind it. that's for law enforcement to figure out who the criminals are. what does matter is that this organization has been broken into, and whether it's lazarus or somebody else, they've exposed flaws in how they handle their swift data. i think the criminals did something intelligent in going after easy to pick institutions without a lot of international stature. it's a really elegant hack. what it really proves, the swift is 32 years old and it's based on a 1970's and 1980's trust model where banks were very small entities. no on

week, the president visited vietnam, where he lifted a decade-old arms embargo. he then headed to the g-7 summit in japan. he plans to head to hiroshima on friday. joining me is david sanger of the new york times. i am pleased to have him back on this program. thank you for doing this. i think you just got off the plane as we take this. -- taped this. thank you for coming by. give me an overview of the strip. -- of this trip. part of it is legacy building, part of it is reminding americans that he is constantly talking about the importance of asia. david: that's right. the two big parts of this trip are the vietnam side, which was the first time he had gone to vietnam and was important, because he is trying to wrap vietnam into the overall strategy of the asian pitted. -- pivo. t/ . that has been drawing out countries like myanmar, vietnam. but we have not really deepened the relationship. to try to get vietnam, the philippines, others in the region to participate in this effort to jointly contain the chinese without making the chinese view it as containment. not an easy trick. on the o

premier. after praising the new relations between the u.s. and vietnam, president obama is using the second day of his visit to promote greater freedom for citizens. he said that better human rights would improve vietnam's economy and stability. atse long security lines airports of led to a shakeup at the tsa. the head of security operations has been replaced. losnew chief has run angeles and yorks kennedy airport. high school graduation for some couples. they were part of the class of 2016. they live in iowa. in 1997. born global news 24 hours a day 2400 journalists in 150 news bureaus around the world. let's do apple. tim cook's trip to india may not have paid off. they are not going to be able to open retail stores in the country. this will be the year that the iphone takes off in india. is the group vice president and senior analyst. thank you so much for coming in this morning. we are seeing that investors may not be confident. 27% do you seewn room for upside? yes. nehal: is the growth market so slow that you can no longer get growth out of the iphone. that does not matter. whe

arena, other than vietnam. so, he didn't see what was happening today. bryan cranston: two years ago, when we were doing the play version on broadway, celebrated the 50th anniversary of the signing of the civil rights act in 1964. and it was appropriate to then look back, and i think we are doing a play, and it was the anniversary. a lot of people writing columns and looking back at what i call the revisiting of history as opposed to -- we were not asking them -- charlie: revisiting. bryan cranston: there is a distinct difference. and i think if you look at the entirety of a man's legacy, yes, vietnam was one of them. it was his waterloo. it was a failure. and i think it took him down. charlie: it took him down. cranston: when it came to march 21, 1968, he said i will not accept the nomination, that was because of that. you look at his massive achievements, it is towering but he was able to do, one of which was free the corporation for public broadcasting. which we are watching now. we are thankful for that. at the same time, there was this towering ego, towering the capacity to

resolution be made here. and the tensions between china and the vietnam, between china and philippines are "not of our making" he is pushing blame here and saying china is within the power to was all issues. when it comes as some kind of maritime agreement, the question is, are we going to see some kind of consensus here? we see the u.s. and japan relatively on the same page when it comes to those maritime security issues. but europe is another story. they may not be on board, given the strong economic ties with china. there are complex relationships there. but they are deepening. anna: yvonne, thank you very much. tabs on theeeping g7. chris watling, ceo and chief market strategist at longview joins us now. thanks for coming in. really fascinating conversation. gompted by the g7 and other events. this time, a story we have in a bloomberg about how angela merkel has fewer pro austerity allies this time around, justin trudeau looking, as they say spending on investment for structure and the like. where are we about how much global austerity should be the theme? how much government shoul

. has gotten in order for 100 jets for vietnam. billion, than $11 although airlines generally give discounts on big orders, the agreement was times to coincide with president obama's visit to vietnam. the board of tribune publishing has rejected the latest takeover offer. the publisher of the chicago tribune and the los angeles times call the bid clearly inadequate trade they are offering about $864 million, including debt. meanwhile, a billionaire has taken a 13% stake in tribune. that's your business flash for this hour. if you weeks ago, the market was weighing the risk of a u.s. recession, and now the market is anticipating a rate rise in june. the s&p 500 fluctuating all morning, gaining slightly right now in positive territory, this is ahead of data this week on manufacturing, housing, consumer sentiment, and growth for food on the strength of the u.s. economy. mark: our next guest says not so fast. they may not be secular stagnation, but growth remains low. joining us now is manish singh. thanks for joining us today. the s&p has not hit the high for a year, and many have loo

likely cause. after praising warmer relations between the united states and vietnam, president obama is using the second day of his visit there to promote greater freedom for the citizens. the president said that better human rights would improve vietnam's economy, stability, and regional power. inetta lynch is fayetteville, north carolina, to celebrate the police department improvements in policy and oversight. it is part of her national community policing tour created in response to a people in ferguson, missouri. the nation seems to be kicking and smoking habit faster than ever before. the rate of smoking among adults in the united states fell two percentage points to 15% last year. the centers for disease control and prevention says the last time there was a drop nearly as to 1993 when1992 the smoking rate fell 1.5%. global news 24 hours a day howard by our 2400 journalists in more than 150 news bureaus around the world, i am mark crumpton. back to you. pricing inr markets a summer rate increase. the s&p 500 has gained more than 2% in the dollar has barely budged. optimal rate in

million with an account in new york. vietnam has been hacked. we have an analyst from singapore. does swift actually look, and why are they being targeted here? reporter: it is this huge chat room with thousands of banks being part of it. you pay for every message that you sent. every time there is international transaction, one bank has to or if i with another bank. -- verify with another bank. they send it through this supposedly safe system called swift. that not only for money remittances but also maybe i received an order for somebody to send $1 billion to the philippines, like bangladesh might have received. and you send a message and say, hey, is this right? but it is not that safe anymore. they are claiming the problem is not with them but with the end .ser being hacked once the system is hacked from whatever end it is, one of the key points of international banking is trust. without trust, how do you do banking, right? angie: yeah, i guess it is like a house and someone else got the key for the front door, but still they got in. how does that affect trust, how does that affec

the last symbols of wartime animosity between that it states and north vietnam. he lifted the embargo on weapons sales to the country. the improvement is being driven by mutual concern over china's in limits. the fbi's investigation of hillary clinton's use of a private -- private e-mail server is nearing an end. experts say the investigation will likely conclude in a sit down with the democratic presidential front-runner. the fbi standard practice is to save questioning the person at the center of an investigation for last. in austria, a far right party has conceded the in the race for president. mail-in votes give the victory to alexander vanderbilt one, an independent act by the green party. freedom party candidate had tried to capitalize on public unhappiness with immigration. to the story back dominant in, one that julie was telling us about, the fed timetable for raising interest rates. policy makers are promoting the idea of a june rate hike as a market slows. on sunday, he said officials continued talk up fed hike. >> a number of key that members have been speaking out about t

. ♪ charlie: we now turn to asia. earlier this week, the president visited vietnam, where he lifted a decade-old arms embargo. he then headed to the g-7 summit in japan. he plans to make it an historic visit to hiroshima on friday. joining me is david sanger of the new york times. he recently returned from traveling with the president. i am pleased to have him back on this program. thank you for doing this. i think you just got off the plane as we taped this. thank you for coming by. give me an overview of this trip. put it in context. part of it is legacy building, part of it is reminding americans that he is constantly talking about the importance of asia. david: that's right. the two big parts of this trip are the vietnam side, which was what he did the beginning part of the week. which was the first time he had gone to vietnam and was important, because he is trying to wrap vietnam into the overall strategy of the asian pivot. that has been drawing out countries like myanmar, vietnam. where we had diplomatic relationship of 25 years. but we have not really deepened the relationship. to t

like vietnam and burma taking these issues much more seriously because of our engagement. risks that may reduce the weapons korea selling othersile material to countries, or putting it out on the black market. it does not solve the core problem of north korea continuing to develop its , and we are going to have to continue to work in a concerted way. in the meantime, i have been working with the pentagon for several years on making sure we can develop the kinds of defense architecture that can protect the united states and our allies exculpationpected -- exculpation -- escalation. >> you said before when you talk about where leaders they often ask you about the presidential election. can you give us a sense of conversations you have had so far, ridiculously now that donald trump is the nominee and he has said that japan should presence.e u.s. troop also on the democratic side what they are saying, and what you think of that as they are continuing to be divisive with bernie sanders saying he will take it to the convention, and he has endorsed your democratic primary chair. haved he ch

, where we are seeing is business moving out of china into places like vietnam. we are putting in in hanoi. we are seeing asian growth in certain places that people have not seen before. the leisure markets are growing .uickly in places like bali as the corporate segments start to diminish, we are seeing a growth in the high-end high-yielding leisure segments. a yield in dilution as if we did not do anything about it. this is from the time carriers. there talking about overcapacity. pressure on more yields? are you seeing on capacity? tim: the pressure on yields will continue to be strong. seeing -- we are denominated in u.s. dollars. we face that problem, but we have done it and managed it. mark: tim clark on the bloomberg markets, speaking in europe. the reason paris attacks have taken a toll on carrier's bottom lines. a pre-tax loss of $35 million. last year, the airline posted a profit. expects a profit this summer and boosting dividends by 25%. the chief executive told bloomberg television the past position is strong. >> we have done a rigorous talents she to reveal, as you woul

has ended one of the last symbols of wartime animosity between vietnam and the u.s. he lifted the embargo on weapons sales to vietnam. president obama: this will ensure that vietnam has access to what it needs to defend itself, and it removes a lingering vestige of the cold war and underscores the commitment of the united states for a fully normalized relationship with vietnam, including strong defense ties in this region for the long-term. shery: it is being driven by mutual concerns over china. global news 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus around the world, i am shery ahn. program,ng up on this two days, no consensus. talks between g7 finance ministers are marked by a growing divide between the japan and the u.s. ♪ ."is is "bloomberg dow futures are up by 22 points. s&p 500 futures are down by the .1 of 1%. down three quarters of 1% on the dax. there is the potential for a deal throughout the next few hours on "bloomberg ." 1.1212.lar at dollar-yen is down 7/10 of 1%. that is where i want to begin the discussion because frict

symbols of wartime animosity between vietnam and the u.s. they lifted the embargo on weapons sales to vietnam. >> this change will ensure that the imam has access to the equipment it needs to defend itself and removes a lingering vestige of the cold war. and understands the commitment of the united states to a fully realized vision of vietnam and this region for the long term. emma: the improving relations is being driven by china's movement in the region. prime minister alexis tsipras's call for more austerity measures include higher taxes. that is one of the last things that greece has to do to unlock the next portion of loans from the european bailout. india successfully tested its first ever space shuttle, reusing a part in the eastern part of the country could it fulfilled its mission objective. the total flight duration from launch to landing lasted about 30 minutes. global news 24 hours a day, powered by our 2400 journalists and more than 150 news bureaus around the world shoul. shery: turning now to northern japan where g-7 finance chiefs gathered over the weekend. the biggest

united states and vietnam, president obama today sought to promote greater freedom for the country's citizens. in a speech in hanoi, the president told activists and not in the resent would improve vietnam's economy, stability, 30 u.s.onal power lawmakers say they are encouraged by growing defense operations with india, but they are concerned about slavery. half of the 27 million people in slavery around the world reside in india. today, the senate foreign relations committee examined ties between the world's two largest democracies i had of the indian prime minister narendra road -- narendra modi's visit next month. i am mark crumpton. david: thanks much, mark. markets close in about 30 minutes. have begun to little is live at the nasdaq's -- nasdaq with the latest. index is performing the other major indexes on exposure to biotech and overweighting to technology. the nasdaq is on pace for its best close in nearly three months. the second biggest boost to the nasdaq are shares of apple, up three days in a row, with a near-term rally that would set off a disclosure of a nearly $1 mil

turn to asia. earlier this week, the president visited vietnam, where he lifted a decade-old arms embargo. he then headed to the g-7 summit in japan. he plans to make it an historic visit to hiroshima on friday. joining me is david sanger of the new york times. he recently returned from traveling with the president. i am pleased to have him back on this program. thank you for doing this. i think you just got off the plane as we taped this. thank you for coming by. give me an overview of this trip. put it in context. part of it is legacy building, part of it is reminding americans that he is constantly talking about the importance of asia. david: that's right. the two big parts of this trip are the vietnam side, which was what he did the beginning part of the week. which was the first time he had gone to vietnam and was important, because he is trying to wrap vietnam into the overall strategy of the asian pivot. countries like myanmar, vietnam. where we had diplomatic relationship of 25 years. but we have not really deepened the relationship. to try to get vietnam, the philippines,

chronicled a time of change in america. it was in his coverage of the vietnam war as a young correspondent that he first made a name for himself. he showed a marine setting a hut on fire with a cigarette lighter. the broadcast almost single-handedly ushered in the living room wars. up becauseack this had an impact on the man's life? safer: it is the most important story. that was who produced suzanne sinclair of eric severance show. decided at the beginning i was not convinced that he was innocent. because the court said he was guilty. there was a lot of funny stuff in that trial. i said let's assume he's guilty. let's go out assuming that justice happened. but an injustice was done because you don't give a man a life sentence for a $25 robbery. it was absolutely the way to go with this story. as we peeled the layers off we became more and more convinced as time went on it took six or seven months to do the story. andhe end what suzanne marty and i found was new evidence. suppressed evidence. phony evidence. rose: he called it the most important story of his career in 1983 young engineer i

death penalty. president obama has wrapped up a three-day visit to vietnam. he held a town hall meeting and ho chi minh city today, renewing his push or the transportation just transpacific partnership. dayal news 24 hours a powered by our 2400 journalists in more than 150 news bureaus you.d the world, thank francine: unicredit ceo federico ghizzoni will step down after leaving the company -- leaving the company for six years. tice.g us is jonathan this is not really him stepping down. this is him and pushed down because he lost the investor confidence and he is not growing the bank. jonathan: ultimately this comes down to capital and the lack of execution of strategy. , they areency ratio the key solvency ratio, -- the fact that they have things that strategically do not look as attractive as they did years ago, put that together and i think the straw to break the camels back was very much when the board looked tohe underwrite the popularity. francine: this goes back to government pressure, which he has bowed down to. they have been pressuring a lot of the ceos. if you look at

moving out of china and it to places like vietnam. that is why we are putting one in hanoi. for myanmar asp from ja well. the leisure markets are growing quickly. we have been successful with bali. as the corporate segments diminish, we are seeing a growth in the high-end, high-yield religious segments. this will result in a yield dilution, but not as bad as if we didn't do anything. this isield dilution -- -- they are talking about overcapacity. that yield dilution has that pressure. do we expect more pressure on you, and are you seeing from your perspective overcapacity? >> i think -- an answer to the first question, the yield will continue to be strong. we're seeing that in many places. but we're denominated in u.s. dollars, and anytime the dollar strengthens, we face the problem, but we have done it many times. as far as overcapacity is concerned, that is a view held by many carriers in the world today. we don't share that view. manus: why not? >> because our network bring strength. we have 150 cities in our network and we are growing on th all the time dubai, ahub we haven'

more highly added proprietary 75% aerospace and that makes me think about the big vietnam jet order, which was big. travel continues and i know the airline stocks have been doing poorly. but actual airline orders, aerospace orders are good and people are going to play call. >> you obviously know alcoa very well. you focused on this spin, but it hasn't really done a lot to add value. >> not at all because the actual raw aluminum has been hurt so badly by the chinese dumping. it's kind of like everything other thing that the chinese do. it's state-owned producing way too much aluminum. now, it shouldn't -- once this splits up, you're going to see the value. and the value of the proprietary is well in excess of the whole company right now. but when you're connected with anything chinese shs look at the way the tin, the iron ore stocks have come back ever since chinese quit playing games. i don't know what goes on over there, but the state-owned companies don't seem to listen to anybody including the government. >> the soes, state owned enterprises. >> so is bandit. >> yes. all right. w

venereal disease in vietnam. >> but hillary can't move to the center. she can't put a stake in this guy's heart even in indiana? >> john, what happens to the sanders supporters, do they support hillary? because of the economic anger and the uncertainty with the voters there. those two -- it's strange they have tended to drop people who would vote for one first and then the other. but there are some strange cross currents between bernie supporters and the trump supporters. >> my belief, becky, the number of people who would be undecided between donald trump and bernie sanders is very, very small. and i do think that hillary clinton and the democratic party will need bernie sanders to come behind her. to rally his supporters. and right now, this is a difficult moment because he wants to keep fighting. she and other democrats want to move on. so, i think it's not the best moment for democrats right now. because donald trump is going to turn -- donald trump is not worried about john kasich right now. he's going to focus on hillary clinton and begin building his campaign. and she has still got

u.s. and vietnam. speaking in hanoi, the comments come after the u.s. announced it is fully lifting its embargo on sales of ill lethal weapons to vietnam. >>> austria's presidential election has been won by the green party who just eked out the narrowest of victory over his opponent. the environmentalist brought home 53% of the vote that compared to 49.7% for the far right freedom parties. >>> and police have begun clearing the migrant camp according to multiple points. it had been the primary crossing point into macedonia before the country shut its borders, stranding thousands. >>> now, turkey has started announcing members of its cabinet with newly appointed prime minister naming mehmet simsek as its deputy. >>> and it was the worst kept secret in football, but manchester united, they've made a leadership change just days after a major victory. you've got a little joke going. >> well, wilfred and i have a bit of a football rivalry going on, i hate to admit he won one up on me recently. we'll let it go. >> wilfred is at c nbc headquarters. >> wilfred, you missed your chance. i cou

old that i was like, okay, so we're selling arms to north vietnam? >> it's not the north anymore, jim. >> i know. >> it's just vietnam. >> i know. i mean, i remember when president nixon -- things i protested in college. you know? >> i do. i do. somehow we started on facebook and got into politics. >> well, they're in politics. that's how we got there. >> true. grounding back to facebook which by the way has a $331 billion market value, just wanted to share that, this does show the ubiquity of the platform and power of the platform, i think, what i come back to when you read these stories is how incredibly influential conceivably it can be, how many people it's reaching, and they haven't even begun. they're not even monetizing whatsapp. >> there's not enough content for it. >> i think it's encouraging. i'm about to say something facetious, hyperbolic and i find it encouraging people get news from facebook and not grand theft auto and call of duty. >> if that's the bar. >> grand theft auto provides a lot of news for people. >> i wouldn't know, but i wouldn't be surprised. >> game

vietnamment he did sightseeing taking in the jade pagoda and said to be one of the most beautiful pagodas in the country. >>> a fight broke out at a major demonstration attended by tens of thousands in the center of brussels. the crowd is protesting the social and government economic policies, and at the end of which is aaceful rally, a scuffle did break out with a few protesters. >>> and in macedonia, doz ens o migrants have been in dire situations, and buses filled with migrants are the first to leave. >>> and bill cosby is arrives at court to see if prosecutors have enough evidence to charge him that he drugged and sexually assaulted a woman. the woman says that he violated her sexually after giving her three blue pills that made her dizzy. we go to kayla in boston. kayla? >> thank you, sue her rare rashgs back at headquarters, and 2016 from the mortgagers and the the acquisition standpoint is more known for the deals that are scrapped than the deals that have been inked, but earlier this morning ing we sat down w jennifer nascent who is the global manager of telecom and banking, and c

almost lost my legs. >> fred down was 23 and a soldier in vietnam when a land mine took his arm. when he returned from the war his options to address his injury were limited. >> the arm fit me with what i call a hook, which is a plastic arm which was the only thing available in those days. >> he wore that style for 47 years. then in 2009 he was given a chance to use this. >> here is my power grip. >> the deca arm, built and funded by the advanced research project agency or darpa, a branch of the department of defense. he uses sensors on his shoes to control the arm and says the technology is a huge improvement from his old prosthetic. >> it is very strange because for the first time in 40-some years i have the ability to use my left hand to grasp things. >> changing the way we think about what prosthetics can be. this doctor works with teams of researchers across the country testing new types of prosthetics and doing things that may have seemed like science fiction a few years ago. >> this even has sensors to allow the user to feel pressure. >> we can do light touch and harder touch and

story is him on his visit to vietnam today. so far the u.s. will fully lift the ban on selling arms to vietnam. and here we continue to monitor fed speak as well. the speculation is rosengren sees the conditions for a rate hike on the vernal of broadly being met. rosengren is getting ready to back monetary policy as financial indicators have become more positive, more on all three of the big stories coming up. >>> first we'll get you up to speed on the markets. wall street said to open a bit lower this morning after we saw a nice gain on friday. the s&p 500 closed up about -- there's a flip just in the last few moments or so with the dow futures up 29 or 30 points. s&p futures up 4. nasdaq futures up 11. i was just going to say, the s&p 500 finished higher on friday to push it over the edge of positive territory for the week. just positive. the nasdaq, in fact, had its fourth weekly decline. something it has not done since back in 2014. so clearly there is still caution as the markets try to grapple with the idea of a summer interest rate hike on the table, off the table, are we oka

come under a lot of scrutiny. they're all tragic but most are vietnam era veterans. >> how about homeless? >> i don't know the stats on homeless. interestingly, about suicide, it's not connected to combat. if you deploy, you are actually less likely -- statistically -- if you deploy you're less likely to commit suicide afterwards. it's interesting. >> what kind of response have you gotten from veterans to this view? >> my book just came out yesterday and people are starting to read it. they are loving it. the idea that the problem is us not them, you know, obviously is like really heartening to them. i think they knew that, you know. i mean, they're encountering a psychologically healthy situation, ironically in combat because they are living in a platoon. 30, 40 people. we evolved as a species to live that way, in small groups. they're experiencing that and liking it. it's psychologically healthy. then they come back to -- there is no place lonelier than the american suburb. they come back and struggle. and they know it's us, not them. >> what do we need to do on our end? in ter

china, mexico, for japan, for vietnam, which is hot as a pistol right now in terms of what they're taking from our ku country. i blame our leader shop. i don't blame those countries. we should be doing the same thing. >> you were talking about market a and advertising earlier. a headline from the rolling stones, the band, say they don't want you using their songs anymore during your speeches on the way in and out. what do you say to mick jagger about that? >> i have no problem with it. i didn't see that. i have no problem. i like mick jagger. i like their songs. you know, we use so many songs. we have the rights to use them. i always buy the rights. >> one more thing i want to ask you that's interesting to a lot of people. have you seen, for your supreme court nominee, if you are president, people are pushing ted cruz. republicans have picked guys in the past -- you don't know where they're going to be on a lot of the issues. when a democrat picks a supreme court justice, you know that they're going down whatever the party line is. so i -- that's one guy, cruz, where i -- i don't k