it has an impact on brazil. those are major export markets, and that can have a dampening effect on the entire world economy. so it's something that we are monitoring. it's something that we spend a lot of time on. jack lew has been on the phone fairly consistently over the last several months. i've spoken to my european counterparts encouraging them to find a path towards resolution. so it's something that we take seriously, but it's not something that i think should prompt overreactions. and so far i think the markets have properly factored in the risks involved. in terms of my best week -- now my best week i will tell you was marrying michelle, that was a really good week. malia and sasha being born excellent weeks. >> good thing you remembered those. >> yeah. there's a game where i scored 27 points. that was a pretty good week. i've had some good weeks in my life, i will tell you, and i'm blessed to have had those. i think last week was gratifying because, number one, we were able to get a pack age of trade

brazil. i want to go back. i did not get a chance to experience carnival. vice president biden got to go to the world cup, not me. the eyes of the world will be on brazil again when they host the olympics next year, and that will be another reminder of brazil's remarkable rise both that home and on the world stage. as president, i pursued a new era of engagement with latin america where our country's work together as equal partners based on mutual interest and mutual respect. as we saw at the recent summit of the american does, the united states is more deeply engage in decades. i believe the relationship between the united states and latin america is as good as it has ever been. we are focused on the future, of what we can a comp us together. and the cornerstone of our engagement with the region is a strong partnership with rizzo. result.e art -- with i believe we are natural partners in americas and around the world. as two of the world's largest democracies, we understand the aspirations o

the united states and brazil are no different. it's often tempting i suspect to focus on whatever challenges there may be in the moment but in steps that often don't make the headlines, the work of our nations has gone on. we partner on global challenges from promoting open government combatting human trafficking, to advancing development in africa. we have boosted exports to brazil by more than 50%. and our bilateral trade has reached record levels. we have expanded collaborations in science and technology and the ties between our people especially our young people as part of our 100,000 strong more brazilian students come to the united states and more american students go to brazil. and given how closely our values and interests align, there's much more that the united states and brazil can be doing together. i want to thank you for your personal commitment to taking the partnership to the next level. and that's what we have done today across a range of areas. first we're announcing a series of new steps to boost trade and creat

brazil countries. brazil and us are at a pivotal moment in the private sector plays a crucial role we know in helping to define a clear agenda with concrete steps. we have remained engaged in conjunction with counterparts over the last few years as the relationship has taken different twists and turns and are hopeful for the outcomes on the commercial side of this visit. after hearing from our distinguished guests, it is clear that the relationship has been forward. our agenda is appropriately ambitious you still achievable and worth pursuing. on behalf of the brazil us business council and the us private sector i want to reiterate our commitment to strengthening the brazil us relationship and contributing to a positive agenda for the president's visit that benefits both countries and citizens. a pleasure to be here with you and thank you for our host and have a wonderful a wonderful and restful not only did the weekend. you deserve it. thank you. [applause] >> thank you very much. much. i want to than

likewise brazil will overcome the effects of the current crisis that strikes brazil. and we will do so very sure footedly decisively with a great sense of commitment. and more that we will not only rise in growth but we will uphold and ensure continuity of all of the g gains and achievements we have established in the past 12 years in the course of the past 12 years, and we will make sure these gains multiply into the future. we truly want to build a predominantly middle class country. i think the efforts to reduce inequality is a gain and must fight to preserve those gains. >> thank you, mr. president. i hope you don't mind if i ask a multi-part question. the first one being on greece. i would be remiss if i didn't ask about the prospect of a financial crisis in europe. and just in layman's terms, in language that americans can understand i just want to ask simply is a financial crisis in greece capable of bringing down the global economy? and separately, sir, i wanted to ask you about what some people are calling your best week ever last week. you had two supreme co

-brazil relations. according to reuters she'll be in washington on june 30 with the closer ties that could increase trade between the two biggest economies in the americas. panel lists include state department official, a member of the brazilian embassy and the general manager of intel. this is live coverage on c-span 3. it should start at any moment. >>> once again on this friday morning we're live at the atlantic council for a discussion on u.s.-brazil relations. brazil's president dilma rousseff will be visiting the u.s. at the end of this month with the hopes of increasing ties with the united states. of course the u.s. and the americas, is part of the americas, of course, and the talks here will be looking to increase trade between the two biggest economies in the americas. this should get under way in just a moment lye here on c-span 3. i want to tell you about some of the other programming we have coming up for you. currently on c-span 2, it's day two of the faith and freedom coalition conference

-brazil, service sector. i know we can't preview too much of the visit but do you see some potential for movements on facilitating better trade and services? >> you know, i think we, the u.s., have been in a position of being ready to talk about greater engagement on trade issues for a while now. so i think that it's certainly something of interest to us but it's a question of taking the issue at the pace of our brazilian college. i'm not sure i can get into it much further than that. >> benoni? >> just to add something about the result of the visit how the bureaucracy looking ahead you know that president rousseff has just sent to congress, brazilian congress, to important agreements in the statute area. one of them defense cooperation agreement, a kind of framework agreement. it appears not to be that crucial, you know, if you're not someone who is studying the matter and history of the relationship. but this agreement is very important. the last time we had such kind of agreement was up to 1977. it was int

while in brazil he'll be able to wear his green and yellow jersey or garment which says brazil and obama on the chest. i am sure you'll be applauded, president obama, if you do so. i also believe that this trip to the united states stands as the relaunch of bilateral negotiations and may i thank president obama and the u.s. people for the warm reception, for the welcome. may i say we have taken one step ahead in our bilateral relations, thank you very much. >> we'll take a few questions. i'll start with jim kunar, who i understand announced his retirement. jim, you're kind of young to retire man. >> reporter: [inaudible] >> while you are ahead. we'll miss you, you'll be here for a couple of weeks. congratulations. appreciate it. >> reporter: you're on the cusp of entering a nuclear agreement with iran there's a number of unresolved issues with tehran in particular the fate of americans like jason, amir said robert lefins - do you and your administration say you continue to raise the imprisonment and disappearance of these individuals, these americans. still you will sound, likely an agre

that's what we do in brazil today. president obama: last week i had , a chance to do the rose garden celebration of the court decision around same-sex marriage. i didn't have a chance to comment on how good the white house looked in rainbow colors. president obama: that made it a really good week, to see people gathered in evening outside on a beautiful summer night and to feel accepted and they feel that that was pretty cool. that was a good thing. that was a good thing. the only bad part was i could not go out and peek at it myself because i would have to clear out all the people or the secret service would. that is a moment worth saving. thank you very much, everybody. [indiscernible] president obama: we did. >> in addition to meeting with the president of brazil, president obama spent time on the export-import bank which is set to go out of business at midnight because congress did not reauthorize the bank's charter. president obama was scheduled to host a conference call with people involved in average to reauthor

but there is still many more us and chinese companies investing in brazil, china overtook brazil. imagine if more of this business was going to us that chinese companies. what could be done to really from a business perspective allow us businesses to be able to kind of thrive in the brazilian market and a time when there is increasing interest from other strong countries. >> that's for you. >> look, i don't think it is an or. one thing we share is hope for what will come. now is the time. the us and brazil need each other. 200 million consumers, great opportunity. there's a lot that they can gain if they provide easier access. i hope it is an and conversation more than just what is china doing. >> you were nodding your head yes. >> far too often is what you are doing about the chinese incursion. as long as everyone plays by the rules. >> a critical. it's two different negotiations. if you take the discussion in the level of interaction we are a thousand years ahead dealing with china's from a different perspective attracting basic investment. you can see the difference. the challe

brazil has surge debt right now. they have soaring in place and economy that is going to contract this year. as their interest rates go up, their central bank has taken interest rates to 13 and three quarters percent. >> pay attention -- >> how do you know if it is not? >> i don't think greece or brazil is -- >> saying that only time you care about -- >> ignoring this debt worldwide? ignoring chickens coming home to roost. >> worry when rubber meets the road is when country at hand is -- >> our job is italy -- introduce them before the rubber hits the road. >> greece is not. may lead to italy but that could happen puerto rico 21 states in this country. >> you know puerto rico -- [inaudible] >> to be the fix for puerto rico when they fixed new york city not a bailout. >> not choired about it. all right finish up. >> puerto rico is 42 billion dollars i think is their current debt right? by the way in terms of greek bonds mernls only own 14 billion of greece, and systemic and problematic three times size of greece in te

that's what we do in brazil today. spent i had a chance to do the rose garden celebration of the court decision around same-sex marriage. i didn't have a chance to comment on how good the white house looked in rainbow colors. that made it a really good week to see people gathered in evening outside on a beautiful summer night and to deal whole anti-feel accepted -- and to feel accepted and they feel that they have a right to love. that was pretty cool. that was a good thing. [inaudible] >> that, that was a good thing. the only bad part about it was i couldn't go out and take a peek at myself because then it would've had to clear out all the people, or the secret service would have. so i could only reflect on it from a television screen. that's a moment worth savoring. take it very much, everybody. [inaudible] -- thank you very much everybody. [inaudible conversations] >> if you missed any of you missed any of what the president had to say you can see they can't on the c-span their library. go to c-span.org. also more l

brazil relations a new beginning with a question mark. because of the investment trade innovation with the brief 20 page report i ask you to do with into minutes with those top issues. >> i think she said the key for the opportunity for that new chapter with the second part of the book with a new chapter but i tried to put this into perspective but the potential for collaboration the way we move with all those elements with the integration. is amazing. we have a structural opportunity for the first part of the government. the second is you have a service potential for cooperation not just opposition the lack of deep understanding. is strange to say that to have they lack of knowledge but with apolitical issue we don't like that for the agenda. but why are you not moving along? of course, we do have the opportunity to start the next day after the meeting that top-level but sophie follow-up with the agreements next week to implement and the key element is in terms of continuing to implement those opportunities. >> we will get into these que

the open invitations that dilma rousseff for president obama to come down to brazil. it's yet to be determined. >> thank you mike viqueira at the white house. we'll take a break and be back in two minutes with the latest on the greek debt crisis and the other top stories here on al jazeera. ♪ ♪ ♪ get excited for the 1989 world tour with exclusive behind the scenes footage all of taylor swift's music videos interviews, and more. xfinity is the destination for all things taylor swift. >>> a car bomb went off a short distance from the u.s. embassy in afghanistan in kabul. one person dieded, more than 20 injured when the bomb went off in a diplomatic area on the road to the airport it's near a base for foreign troops. >>> meanwhile the united nations says it will transfer full control of police salaries to the afghan government within 18 months. the multibillion fund is intended to rebuild a police force and give kabul more control of international aid. jennifer glasse reports. >> reporter: inside the ministry of interior this police accountant is taught a payroll s

brazil lost 1-0. the kids have faith in neymar. >> out of the entire team only neymar gets the goals or shoots to the goals. if you see the statistics there was a 40 minute period. four goals were from neymar. the star of fc barcelona, the young players turn their attention away from brazil's shores. >> translation: brazilian kids wrach the european more than the brazilian league. there are good players in europe, they idolise them and watch more than brazilian football team. >> reporter: the sentiment was similar at a bar where the mexico-ecuador match drew a crowd. >> when barcelona played this bar was filled all the way to the street. if it was brazil we wouldn't fill 15 tables. >> reporter: if brazil advances without namar, his country men may rally again to the team >>> one of the biggest surprises at last year's street child world cup was pakistan a country not known for the football skills. the bronze medal changed the lives of the team. the government is yet to act after prom isesing happy. sc

in brazil, this tournament fans are hoping for a come back. tom ackerman reports. >> reporter: on a rainy pitch inrio, since brazil's drubbing on home turf last year their pride has suffered some damage. the mother of one boy sums it up. >> we are seeing it as a hangover from what happened in the world cup. we're watching but not that enthusiastic. >> reporter: in last week's coppa america club, kicked a ball at an opponent and tried a head-butt on another but brazil had already lost 1-0. but still these kids have faith. >> out of the entire team, only namar shoots towards the goal. brazil had five shots and four of them were from namar. >> like their idol who is the star of fc barcelona they turn their attention away from brazil's shores. >> brazilian kids, there are really good brazilian players and they watch those players much more than the brazilian team. >> reporter: the sentiment was similar at a nearby bar where the brazil ecuador match was shown. >> if it was brazil playing we wouldn't feel 15 fill 15 tables. >> tom ackerman al jazeer

young black men in brazil are two and a halftimes more likely to be killed in brazil than white men. for israel an activist in the north, growing up black was not only hard. it was almost virtually impossible. of his high school class of 40 half are either dead or in jail. >> walking down the street which should be done freely in this part of brazil if you're poor and black, has an implicit curfew. you avoid certain things so as not to give anyone any motives. >>reporter: police violence is not the only reason black men die here. drug trafficking, a general lack of opportunity, and even death squads are also to blame. >> access to education is hard so it's easy for teenagers to get a position in the drug market. no professional qualification is needed. >>reporter: schools are making a positive difference. but there's a need for more effective policing and disarmerment campaigns. until then experts predict more black men will be killed robbing a nation of one of its most precious assets. virginia lopez, al jazeera, brazil >>> after the break, how the constant threat of car bombs in ba

so, in brazil it is even more pronounced. with that said we recently sort of surveyed both markets for another client, and depending on which timeframe, even the top quartile funds that time of time returning money for interesting risk adjustment return. now, if you believe that a country approach to private equity makes you the most money studies have shown over time contrarian approaches does do very well it is probably a good printer and that to be investor in india and brazil today smack >> thank you. >> 1 min. commissioner mitre mitre hearing none >> on page four of your reports you state contributions for the last 12 months total four and 28 million. neural, suzette about in 1 million and 1 billion. so? -- only 1 min. -- question one if you can reconcile the dollar amount, and question two it is actually requested, page 7 going forward, you do not identify the specific bonds to fund eight, funds he does not mean i think what buffer would disclose all these things can i get names on this please? >> i will work with staff

. >> brazil kids watch the european league more than the brazil team. they idolize those players much more than the brazilian team. >> the sentiment was similar at a nearby bar where the mexico match drew a small crowd. >> when barcelona was playing last week this bar was filled out to the street. if it was brazil that was playing we wouldn't fill 15 tables. >> tom ackerman, al jazeera. >> a reminder, you can always get the latest on aljazeera.com. ♪ >>> i'm in africa, where multinational project is

went down to brazil, he talked about giving money to brazil to produce oil so that the united states could imported. that is how quickly things can change. katia: speaking of petrobras, it has great assets, but it has got a huge debt burden and it has the profit branding policy. do you think it will ever regain its status of being a well-run national oil company? daniel: technically, petrobras is. it is at the forefront of the offshore -- it discovered the pre-fault, which people did not think was possible. technically it is a very accomplished and capable country, one of the pioneers of the offshore. i think they have to cut through the debt problem, they have got to get away from the policies they have, and the new president -- by cutting the budget, they will divest resources. they have got to get back to focus. tom: mexico is doing that in their own way. are you optimistic about russia doing that? daniel: i think russia was opening up to western technologies, then ukraine came and it shut down. no russia is saying we are going to reorient to china. russia is now overtaking saudi

selling off assets in brazil and turkey. mark: apple launches a new streaming service and it seeks to regain its dominance in the music industry. anna: asia follows european and u.s. markets following greece bailout talks. ♪ mark: good morning. anna: good morning to you, everybody. it is 6:00 in london. hsbc is the top story. guy: hsbc coming out with a significant reshaping of the business. talking about limiting the access to investment tax. we knew that would happen. some fairly big numbers here. anna: they talked about significant reshaping. extreme solutions so this is a result of months of work. the emerging markets business, it is about being in that business that works for you. we are seeing they will be selling, hsbc their turkey and brazilian businesses but expanding their asian businesses. it is the internalization of chinese businesses. guy: we will also be talking about this which in focus in the emerging market. a shrinking of the investment bank. that will be cutting back. they really want to focus this busi

if it was brazil playing we wouldn't fill 15 tables. >> if brazil advances without namar, his countryman might rally to the team. >> at the women's world cup in canada germany have i had their way through to the quarter finals. the two time champions this rashed sweden. germany will play the winner of sunday's clash between france and south korea next friday in montreal. >> china through to the women's world cup quarter finals after beating cameroon. final score 1-0. pakistan have beaten sri lanka by 10 wickets. the second test of the three marsh series starts in columbo. that's all the sport from me. >> we'll see you later, thank you. >> one of the big surprises at last year's world cup was pakistan, a country not known for football skills. promises of help from the government are yet to be honored. we have this report now. >> after a third position in the street trial world cup in brazil the pakistani team has won admiration not just here but from across the world. most of these children have come from bean homes. some had drug addiction problems abandonment and living rough on the str

brazil meets venezuela. brazil's star player was banned for the rest of the tournament. >> on a rainy pitch in rio these 10-year-olds are learning the fundamentals that have established their nation's top standing in world cup history. since brazil's drubbing last year, their pride suffered damage. the mother of one boy sums it up. >> we're still feeling it, sort of hangover from the world cup from what's happened in the world cup. we are watching the games, but we are not that enthusiastic. >> in the match with colombia, brazil's captain namar drew a red card and suspension for the rest of the tournament. seconds after the game with columbia ended, he kicked a ball at an opponent and tried to head butt another but brazil had already lost 1-0. still these kids still have faith in namar. >> out of the entire team only namar gets the goal. >> like their idol, the star of f.c. barcelona, young players turn their attention away from brazil shores. >> brazilian kids are watching the european league more than the

young black men in brazil are two and a half times more likely to be killed than white men. here however the chances of dying a violent death before age 39 are 13 times higher. >> an activist for african brazilian rights, growing up black was not only hard. it was almost virtually impossible. of his high school class of 40, half are either dead or in jail. >> walking down the street, which should be done freely in this part of brazil, if you're poor and black has a curfew. you avoid doing certain things so as not to give anyone any motives. >> police violence is not the only reason black men die here. drug trafficking, a general lack of opportunity and even death squads are also to blame. >> access to education is hard. it's easy for teenagers to get a position in the drug market. no qualification is needed. >> schools are making a positive difference but there's a need for more effective policing and disarmament campaign. until then, experts predict more black men will continue to be killed robbing a nation of one of its most precious be assets. al jazeera brazil. >> let's

betting ontion is brazil. if you look at its shares, they are down 40% over the last five years and the company is shrinking its business at home, closing 14 of its u.s. campuses while expanding in latin america. devry first entered brazil in 2009 and has built up its presence to 11 institutions there. devry currently enrolled more than 58,000 students and another -- 53000 and test education programs. there are other schools there like laureate which enrolls about 200,000 students and apollo which acquired a majority stake has 12,000 students enrolled. we are talking big business. scarlet: i've seen some other numbers that but the estimate at for-profit education companies that enroll about one third of brazil's total student body. so it is a sizable presence. and we are talking a lot the stats we got on this -- if you are the holder of a higher education degree in brazil, you earn two and half times counterparts with upper secondary education. we are talking about an inroad toward the middle class? scarlet: a

. >>> women's world cup, brazil taking on brazil? that's actually australia, wearing similar jackets. second half brazil the corner kick from miga, watch how close this is from going in. off the post. would stay scoreless. later in the half, here comes australia, beautiful pass ahead here. lisa davont her shot stopped. the rebound. >> nice. >> no chance on the rebound there australia they knock out brazil by a final score of 1-nil. brazil one of the favorites to win the women's world cup this year. >>> let's go back to baseball for a moment. yesterday, we saw max scherzer pitch his -- pitch the second no-hitter in nationals history. his parents they were in attendance to witness that special moment. not a bad early father's day gift at all. brad scherzer has only seen his son pitch just twice. this weekend, max gave his dad the best father's day gift he could have asked for. >> it's at the top. i have a seen him pitch a no-hitter in little league, high school and college and now the major leagues. that's the best. it really was quite

host: a separate cases over in brazil. the head of last year's world cup in brazil is accused of corruption. he quit fifa in 2012 but is under investigation. reporter: he was president of the local organizing committee. during that time, he is alleged to have moved sums in excess of 150 million euros stop there looking into these transactions because these would clearly be incompatible. the former footballer had secured enough support in brazil's congress for a congressional commission of inquiry and we have had a name change. until thursday morning, it was named after the former president. the letters of his name were discreetly removed. host: this is costing a shadow at the world cup that have already happened, the south african tournament in 2010 future tournaments and qatar and russia. how is this having an effect on the brazilian tournament of last year? that was deemed a big success after all was said and done. reporter: it went off at night at an awful lot of money was spent. things the brazilian population had been

. >>> brazil is the economic super power of south america as its infrastructure has expanded and the new middle class boomed so has murder rates and economic benefits alluded young brazilians and we have the story in northeastern brazil. >> reporter: [chanting] these moves combined with kicks and spins were conceived in the 1600s by black slaves in brazil. they were meant to trick their owners into thinking they were dancing but the marshal artist knows was about defense and resisting colonial oppression and nowadays it's about keeping brazil's children alive. >> translator: goes to places where it's a reality and for us to give alternative to these children and teenagers and know black teenagers have more chances of geting killed but we won't give up. >> reporter: despite wide receptions of an integrated fun loving society with the 7th largest economy in the world brazil murder rates are staggering and according to local authorities violence here as in many parts of the world discriminates. young black men in brazil are 2 1/2 more times likely to be killed than white man and here th

i got a couple of viral videos coming to us from brazil. first this is from inside an ice cream shot where things quickly heat up. this guy in a red hoodie wants to rob the place. he's armed and dangerous the. the plot thickens. there was somebody else outside that noticed and he was bit suspicious. he didn't like how he was moving. the other motor bike was standing outside. this guy decided to act. we see these videos from brazil. the police always right there. see the guy turn around. watch it again. guy turns around and is armed. the police officer shoots him right there in the shoulder. drops the gun on the floor and this guy doesn't mess around. he saw what was going on and he decided to act and stopped this guy before anybody got hurt. >> instant justice. >> the other video more like hearted. in brazil what they are doing getting buses to stop like they are getting on. they go up and quickly tie their shoe and basically trolling bus drivers. one particular video has gone really viral in the hundreds of thousands of views because one b

the bank will also sell its businesses in turkey and in brazil. >> brazil until it. brazil and turkey have limited value to the franchise and that is why we have made the announcement that we have to 40% of the overturned markets -- we are going to address it separately on the following pages. i think it also proves the fact that there are no sacred cows. pimm: gulliver has also announced 87 thousand job cuts since he took over at hsbc in 2011. yes also reduce the number of countries in which hsbc operates down to 73 from 88. and job openings in the united states rose more than forecast in april. the latest labor department report puts the number of positions waiting to be filled at 5.4 million. that is the highest level in 14 years. rates of hiring and firing decreased and the number of americans quitting their jobs remained unchanged. a sign of confidence on the part of workers that could lead to wage growth. the general motors board is telling fiat chrysler that it will pass on merger talks. the free chrysler -- the yacht chrysler ceo made the offer in an e-mail.

. >>> fighting to keep brazil's children rates alive. >>> and the games get underway, and the spotlight on human rights as well as sports. >>> but first, a group has storm he the consollut kidnapping 10 staff, and they haven't identified the group involved and, it is a blatant attack on sovereignty and, a violation of international laws. and al jazeera joins us live now, and so, what's been going on there? >>> well i've been speaking to the foreign ministry and they're ret take sen to go into more details about what happened and who they are accusing of this, it only happened this afternoon. they wouldn't tell me, whether the ambassador to libya was in the consollathe at at the time of the storming. and what we know, there may ab connection between what has happened at the consollathe and an arrest after senior group, of of the militia. a man called wally was arrested, in may, he was arrested, and charged, for kidnapping, and they many people that i spoke to suspect that he may be be used as a bargain chip to get his release. there were more than 200 who were detained as well in may in

and that takes work it takes time but brazil's been a strong partner with us in that process and i hope that both countries can continue to make progress on that front. >> translator: i would like to highlight the fact that petrobras is indeed one of the major oil producing and oil exporting companies in the oil and gas industry. petrobras has more than 60,000 employees. some employees working for petrobras did engage in acts of corruption therefore the investigation, of course, that is going on has been going on by the federal prosecutors' office and they are being sued by that office. the circumstantial evidence available from the prosecutors are pretty substantial. so what i'm trying to say is that all legal measures that may possibly be taken against or petrobras will have taken to account thatting acts of corruption were practiced within petrobras but it does not involve 100% of the company and all staff members so it therefore follows that those who did practice acts of corruption be held accountable and be punished. the people who actually engaged in these acts of corruption shou

for the second time in a row brazil was beaten on penalties at the quarterfinal stage. >> reporter: brazil headed into the quarterfinal without suspended star neymar. they did not appear to miss him. robino put them 1-0 up after a quarter of an hour. midway through the second half they conceded a penalty though. the captain silva hand-balling in the box. gonzalez met the equalizer for paraguay for 12 yards. it saved 1-1 until extra time. just like the quarterfinal. it was decided by a penalty shoot out. and with stock quicks and douglas casta for brazil. it would be paraguay though goes through. gonzalez in the net again to seal a 4-3 victory. >> some of the players got ill. talking about this now. it was complicated, looking as if it was given excuses. i didn't get ill. thank god. we lost because we didn't kill the game in the first half. >> translation: of course brazil is a tough rival. we wanted to win from the start, we pushed hard and believe we advanced to the next stage >>> paraguay faces argentina in the semitimes. >>> defending champion japan are through to the semifinal of the w

slashing 25,000 jobs and selling units in brazil and turkey. they want cost savings to the tunes of 5 billion by 2017. hsbc shares are down, wiping over one billion pounds in market value. back to you. we are looking at selling in the u.s.. the dow erased its gains for the year. take a look at the 30 year yield. that is true across the yield curve. we are seeing selling and that means yields are going up. -- has very little change. what is pushing stocks lower today? helping at least is the airlines. american airlines comes out and says it's going to earn less in terms of passenger revenue per mile in the second quarter. it's going to see a decline of 6%. 2%,t of it is down southwest, delta, jetblue, we are seeing selling across the airlines. we have oil. that is the upward pressure that we are seeing and stocks. prices are going higher on the outlook for what is going to happen with shale production. we have oil back over the last year. today.seeing a rebound the green line is $60 a barrel. been aough there has rebound for the year to date, it

if it was brazil playing we wouldn't fill 15 tables. >> if brazil advances without namar. his country man might rally again to their team. >> the women's world cup in canada germany have made their way through to the quarter finals. the two time champions trashed sweden 4-1 in ottawa. germany will play the winner of sunday's match next friday in montreal. >> voluntarilying the ball into the net in the final minutes the final score 1-0. >> pakistan have beaten sri lanka by 10 wickets on the final day. took a career best seven wickets for 76 to help pakistan bowl out sri lanka. pakistan chased down the 90 run target in the final session to win the match. the second test of the three match series starts on thursday in colombo. >> roger federer has won the open for a record eight times. in his 10th final he defeated in straight sets. the 17 time grand slam chan 15th title comes just a week before the start of wimbledon. there's more sport on our website at aljazeera.com/sport. >> that is it for this news hour. sigh us us. >>> al jazeera calls for the release of its journalist

they will sell businesses in turkey and brazil and step up investment in asia. deutsche bank says its offices were searched as part of an investigation into security transactions. they say bank employees are not accused of wrongdoing. batteredbank has been by a series of scandals and surging compliance costs. the ceo are -- the ceos are stepping down. general electric is taking another step away from banking. ge will sell the majority of its private equity lending business to the canada pension plan investment board. the price is about $12 billion. it helps buyout firms lineup take over pricing. in april that they would unload capital assets. airlines are cutting forecasts, american airlines saying benchmark revenue days will below are than expected and revenue from each seat flown will likely fall 8%. concernsreinforce the that the market is getting weaker. motors board is telling fiat chrysler no thanks when it comes to a merger. the fiat ceo made an offer and it e-mail for the gm board to review. a decided their own plan for efficiency and growth to generate

it is across the board as brazil's economy, though wealthiest people in brazil to control those companies. alix: what does it wind up doing for the company when they clearly need the subsidies in order to survive? robert: i do not know if it is a question of survival. this is a spat happening between and the supreme court. these companies are big companies and they have access to other forms of finance. they just have to pay a little bit more. the argument for these below-market loans is they help create jobs. it is the trickle-down theory. it will play out in some form or another, or if it is a greater election -- a greater revelation of the books. alix: we really appreciate it. lafranco. pimm: it is a time of massive change in the energy industry. alix: we will tell you about three shifts that will impact the industry for years. ♪ pimm: welcome back to the "bloomberg market day." check thes just markets with julie hyman. triple digit on the dow? julie: it is about the best in a little over a month. definitely notable. we have a couple of things going on. we have the greece-germany hea

young black men in brazil are two and a half times more likely to be killed than white men. the chance of dying a violent death before uf turn 29 are 25 times higher. for israel, in the country's poor northern region, growing up black, was not only lard, it was almost virtually impossible. of his high school class of 40 half are either dead or in jail. >> walking down the street which should be done freely in this part of brazil, if you are poor and black has an implicit curfew. you avoid doing certain things so as not to give anyone any motives. >> police violence isn't the only reason young black men die here. are. >> access to education is hard so it's easy for teenagers to get a position in the drug market. theirtheir professional education is needed. >> capueda schools are making a positive difference but there is need for more effective policing and disarmament campaigns. until then experts predict more black men will be killed, robbing a nation of one of its most precious resources. >> global view, how news outlets are reacting to various events. in an article entitle

brazil is going through tough economic times. there is scandal, involving the state-owned oil company where rousseff once served on the board of directors. so the leaders will be trying to move beyond past disagreements. and rousseff needs help her approval rating in brazil is at rock bottom. since arriving in the united states, rousseff has been in new york. after arriving in washington in the afternoon, she and president obama made a surprise visit to the martin luther king memorial. their meetings tuesday will focus on trade and investment and many will be looking for action on climate change. one focus, the rate of deforestation in the brazilian amazon. last night the two presidents had a private dinner at the white house. today bilateral meetings followed by a joint news conference. stephanie. >> mike viqueira thank you. >>> we will bring you the news conference with president obama and rousseff live. >>> a new jobs plan will expand pay for millions of americans. raising overtime. president obama says the move is, quote, goo

the approval in brazil is 63%. president rousseff's is 10%. there is hope that he can take it and point to it back home to improved standing amid allegations. pimm: after the president was granted the fast track authority for the asian trade agreement, will trade be a topic the tween the president and president& from brazil? hil: trade between the u.s. and brazil has increased more than $100 billion, but still, i think there is an expectation amongst u.s. officials and amongst brazilian officials that we have heard from that more could be done there, so i think that is high on their agenda. the other top thing is climate change. the present looks at president rousseff and her agenda as a key ally as they were when it comes to climate change. they have already announced that brazil has committed to increase its share of the use of renewable energy and its mix of up to 33% of its total energy use by 2030, so giving commitments there. i would say trade, climate change as two of the four items on the agenda. pimm: any idea about the chemistry betw

. >> coming up in sport for a second copa america in brazil, penalties to paraguay. we'll have all the action later this hour. >> a saudi arabia national carried out an attack on a mosque. he landed hours before he detonated explosive at a mosque, killing 27 people. we have this update from kuwait city. >> kuwaits interior ministry identified the perpetrator of that horrific suicide bombing that killed 27 people and injured over 220 as a sawed sit 10 saying that he entered kuwait through kuwait international airport, took a flight on dawn friday, hours later entered the mosque, blew himself up in that ho risk attack which has shocked kuwait unlike any other attack here and really instilled a sense of fear to citizens so used to feeling secure. the interior ministry announced other arrests in relation to the attack. hours after the bombing, it was announced that suspects had been detained and questioned. on saturday, the driver of the vehicle used in the attack as well as the owner of the vehicle had been arrested. the kuwaiti government has tried to reassure citizens

if it was brazil, we would only fill a few tables. >> if brazil advances it may do wonder for the team >>> at the women world cup in canada germany are through, thrashing sweden 2-1. the winner of sunday's match will play south korea, next friday. >> china also through to the women's world cup after they beat volleying the ball into the net. the austyan grand prix starts m an hour's time with lewis hamilton in poll. championship leader was third fastest in qualifying nico rosberg joins him on the front row. sebastien vettel, the only other man to win this season was third. lewis hamilton or ros burg is now in poll for every race for the grand prix. they didn't quite have it all their own way in qualifying. both men spurped the rainy trag on their final track. >> germany was a difficult qualifier for everywhere because of track conditions. i was grateful i had the third. always pushing for that bit extra in the next one, and win the race. >> wimbledon is not far away. tournaments are coming to an end. roger federer is through to the final of a tournament in germany. he has won it seven

that's what we do in brazil today. i had a chance: to do the rose garden celebration of the court decision around same-sex marriage. i did not have a chance to comment on how good the white house looked in rainbow colors. week.ade it a really good to see people gathered outside on a beautiful summer night and to feel whole and to feel feel that they had a right to love, that was pretty cool. that was a good thing. that was a good thing. the only bad part about it, i could not go out and peek at it myself because i would've had to clear out the people. i could only reflect on it from a television screen. thank you very much, everybody. president in the east room of the white house with president rousseff. with me are phil mattingly -- i want to ask you to start here, they went through questions to both presidents. iran,alked about brazil-u.s. relations, greece. reflecting on last week, had he not only answer the question, but then came back around and brought it up again to close the press conference. what did you make

we just got a letter from brazil asking for our advice. she is 70 theory is -- 74 years old and a smoker. unfortunately, recently diagnosed with cancer. she wants to quit smoking and is finding it very hard. joining us as dr. thomas hering. is it possible to stop smoking after that long time when people smoke? dr.

another 25,000 will be cut through the sale of operations in turkey and brazil. stuart gulliver, the ceo, is trying to cut costs. he told the sale of overseas operations -- >> that is why we have made the announcements that we have. you will also see that 40% of -- we are going to a the separately on the following pages. i think the brazil and turkish transactions also prove the fact that there are no sacred cows. vonnie: since gulliver took over in 2011, he has announced 87,000 job cuts and reduce the number of countries hsbc operates, from 88 to 73. greece is taking another shot at unlocking bailout funds. bloomberg news reports prime minister alexis tsipras' government has submitted a new budget proposal to its creditors. one report is that it is a vague rehash of other ones. "the wall street journal" says the two sites could extend the bailout program until x march, but that could fall apart because greece is rejecting lenders' demands to overhaul the economy. jeb bush is in eastern europe, meeting leaders in three countries. it is one of the last things he w

even without their star player, brazil beat venezuela. the opening goal in the first half adding a second after half time. venezuela got one back, but finished 2-1 venezuela are out. >> brazil will be joined by peru and colombia. peru finished second in group c. colombia qualify as one of the best third place teams from the third stage. >> chile play defending champions uruguay bolivia faces peru. argentina takes on colombia and brazil will face paraguay. those matches start wednesday. >> australia through to their first quarter final at the women's world cup after pulling off one of the biggest shocks of the tournament. the bra dillies went into the match with a perfect three wins for three. that goal keeping era leading to the only goal by substitute simon. it was the only goal if my conceded in the tournament. a header was saved by williams. they face the winner of tuesday's game between japan and netherlands. >> the people that doubted us, we proofed them wrong and just continually keep progressing and playing positive football. i'm s