hidden money of his in swiss bank accounts. other than that, it's so speculative as to what's going on that it's really hard to predict. if the court takes the case, i'm assuming we will get some more evidence and we'll be able to figure out more about what's going on. >> and speaking of all the speculation that's in the air, betsy, reading the tea leaves, is mueller's investigation almost over, or do you think he has a lot more legwork ahead of him when it comes to 2019? >> that's hard to say. what i can tell you is that mueller's investigators are actually still in open negotiations with president trump's legal team about trying to get more information out of the president himself. rudy giuliani confirmed to my colleague and i earlier this past week that those negotiations were never closed, despite the fact that trump turned over a number of written answers to mueller's investigation. now, the likelihood that trump actually has a verbal either in-person or over the phone conversation with any of mueller's lawyers is slim to

andy swiss is outside old trafford. andy, who is in the frame then to potentially coming to replace him, because we know it is likely to be a ca reta ker because we know it is likely to be a caretaker manager that will come in first. that's right. they are hoping to make an appointment on that in the next 48 hours or so. lots of names being bandied around. one of theseis names being bandied around. one of these is 0le gunnar solskjaer, who was of course a famous name here as a player at manchester united. he famously scored the winning goal in the champions league final in 1999. 0le gunnar solskjaer is currently a manager in norway. would he be interested in coming to take over? perhaps on a caretaker basis? another name being talked about is a former player, laurent blanc, a former player, laurent blanc, a former french international player and also a former manager of the france national team. late yearfor a couple of years at old trafford and has plenty of experience. finally, of course, perhaps the biggest of the na

you picked up new kraft expertly paired cheddar and swiss for eggs. beat that! kraft. family greatly. up here at the dewar's distillery, all our whiskies are aged, blended and aged again. it's the reason our whisky is so extraordinarily smooth. dewar's. double aged for extra smoothness. >>> it now seems distinctly possible as we learn more and more every day and every hour the republicans have attempted to steal a congressional election in north carolina with the most brazen electoral fraud in a generation. the state's board of elections, which is a bipartisan body, has now twice declined to certify the midterm results in north carolina's ninth district where republican mark harris appeared to win by only 905 votes over his democratic opponent. that is because of really striking irregularities in absentee ballots in the district. in affidavits, some voters say that people came to their door and collected ballots, often unsealed and unfinished ballots. as wfae in charlotte noted, unless a voter is disabled, it's against the law to collect absentee ballots from voters an

all that money by the way is being held in the swiss bank right now. the swiss bank has said yes we have that money and were not going to do it until the supreme court does. gillian: the families murdered u.s. marines versus the government of iran as i said one of the more surreal stories that's going on right now. >> i couldn't believe it when i heard it. a lot of due diligence, the assistant back as strange as it may seem, the supreme court of the united states. gillian: general, when i was working for the national security council, one of the things you like to impress upon everybody was just how involved the government of iran was in sort of supplying, supporting terrorist proxy organizations around the world. do you think that this is still going on today? is the situation as bad now as it was eight years ago when you were in office? >> it might be a little bit worse. in addition to tehran, damascus in yemen and certainly influences iraq. so it got multiple controls over those four countries are those four cities. they are the principal backer of

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you picked up new kraft expertly paired cheddar and swiss for eggs. beat that! kraft. family greatly. arthel: at least 222 people were killed and hund more injured after a volcanic eruption triggered a tsunami in indonesia. the massachusets massive wave striking without any warning hitting several popular tourist destinations. president trump offering his condolences on twitter for those impacted by the natural disaster. reporter: the number of dead in the hundreds. but the death toll only likely to rise. several still mission and rescue teams say there are areas of devastation they haven't physically been able to reach yet. >> it hit us at the same time. i hand is still hurt. my husband suffered a broken leg. reporter: that's just one of the more than 800 survivors who were injured in the tsunami. some waves as high as 65 feet crashed ashore carrying away hotels and people on the beach for a concert. geologists believe an under sea volcano erupts, and minutes afterward there was a tsunami not giving anybody much of a chance to get to safety. >> it took only minutes to

they all look like swiss cheese. jokes about x-ray vision. could be heavily redacted. more than just one category of privilege. you also get into classified information, information that compromises on going investigation, information that has some national security interest. and the fact is, not to be cynical, but i have been in these real world dustups in court and those thins get thrown around left and right. this is an on going investigation. this will compromise something that really implicates national security. it will be an all out fight if it does. i predict they will. >> what do you think? released in full? >> crystal ball, i think it will be released. everybody is thirsting to see it. there may be redactions, but i don't think there will be full pages. i think, you know, the last editorial, it's the ultimate rorschach test. everybody sees in it what twhaeupbt. they're going to cherry pick different lines. it's going to say, we were unable to prove something. people will be saying, that doesn't mean it didn't happen. then it will be back and forth like a tenn

you picked up new kraft expertly paired cheddar and swiss for eggs. beat that! kraft. family greatly. welcome to the special edition of the journal. and from the contentious confirmation of his second supreme court justice. to a trade war with china it is set to continue into the new year. here's a look at the in ministrations accomplishments and setbacks. okay, let's start with

you picked up new kraft expertly paired cheddar and swiss for eggs. beat that! kraft. family greatly. - (phone ringing)a phones offers - big button,ecialized phones... and volume-enhanced phones., get details on this state program. call or visit and accessoriesphones for your mobile phone. like this device to increase volume on your cell phone. - ( phone ringing ) - get details on this state program call or visit >> leland: welcome back.breakine house chief of staff is out. joining us now and how it could affect the markets jonathan is with us. jonathan, to say the markets have been on certain would be an understatement. volatile as well. they don't like uncertainty and now the white house chief of staff's job is up in the air. >> it's another factor that has been a tremendously volatile time for stocks. they saw three plus days of stock prices. let's not forget october was down, november was down. and so far december is down. >> to your point, john kelly leaving the white house is just one more bit of an uncertainty. ironically it could be positive for stocks? some of

you picked up new kraft expertly paired cheddar and swiss for eggs. beat that! kraft. family greatly. unstopand it's strengthenedting place, the by xfi pods,gateway. which plug in to extend the wifi even farther, past anything that stands in its way. ...well almost anything. leave no room behind with xfi pods. simple. easy. awesome. click or visit a retail store today. >>> turning now to our conversation about the russia investigation, presidential tweets and other potential subjects for robert mueller's team. they've been extremely tight-lipped as you know but we're expecting three big court filings this week thad could give us the best indication yet about where the investigation may be heading. first up, a sentencing memo for former security adviser michael flynn is doing tomorrow. we're expecting sentencing memos for michael cohen and paul manafort. the president has been praising roger stone for not testifying against him and lashing out at michael cohen saying he should get a big prison sentence. carrie, from a legal standpoint, what does that mean, sentencing do

you picked up new kraft expertly paired cheddar and swiss for eggs. beat that! kraft. family greatly. at booking.com, we can't guarantee you'll good at that water jet thingy... but we can guarantee the best price on this hotel. or any accommodation, from homes to yurts. booking.com booking.yeah ♪ can you feel it ♪ can you feel it amazon has everything you need for your holiday get together. with low prices and free shipping on millions of items, for everything you need this holiday, visit amazon. >>> very important night. the russia investigation is far from over. bob mueller says general michael flynn provided such significant cooperation he should serve no prison time. that is unusual. he has not asked for no jail time in all cases. that tells you about the scale and the scope. one is largely background. but then there is

our sports correspondent andy swiss has this report on where things went wrong. the

our sports correspondent andy swiss has more. it girls

you picked up new kraft expertly paired cheddar and swiss for eggs. beat that! kraft. family greatly. >>> welcome to inside politics. john king is off today. as we speak the president is meeting with congressional democratic leaders for the first time since the blue wave. will they cut a deal to avoid the partial government shut down? one potential candidate said john kelly's replacement needs to handle the subpoena cannon. some of the republican women left in the house and there are not many of them are trying to shake male colleagues to make them realize diversity is critical for the

you picked up new kraft expertly paired cheddar and swiss for eggs. beat that! kraft. family greatly. ...and i found out that i'ma from the big toe lian. of that sexy italian boot! so this holiday season it's ancestrydna per tutti! order your kit now at ancestry.com this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two-hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving... simple. easy. awesome. stay connected while you move with the best wifi experience and two-hour appointment windows. click, call or visit a store today. >>> breaking news moments ago, an alleged russian spy pleading guilty. maria butina said she conspired to act as an illegal foreign agent. she is cooperating and sharing information on who directed her to infiltrate one of the most important organizations in republican politics, the national rifle association. jessica schneider joins us from outside

andy swiss reports. he is one of english football's leading stars, but as raheem sterling went to retrieve the ball last night, this is what happened — verbal abuse, and from one spectator, allegedly racist abuse. with chelsea and the police already investigating, today, sterling has had his say. in a post on instagram, he said, "as you can see by my reaction, ijust had to laugh, because i don't expect no better," before claiming that some newspaper articles about players helped fuel racism and aggressive behaviour. he referred to a headline about his manchester city team—mate tosin adarabioyo buying a house, which he said painted the player in a bad light, while he said a similar story about a white team—mate, phil foden, was worded more positively. the daily mail group, who published the articles, are yet to respond to our request for comment. and now, sterling's treatment and comments have only intensified the focus. raheem sterling is no stranger to headlines criticising his lifestyle rather th

andy swiss reports. some eight seasons after their last league title, could this once again be rangers‘ year? they had been resurgent under steven gerrard until a recent stumble, and, despite playing in orange, it was their opponents who looked brighter. liam craig should have put stjohnstone ahead and just before the break matty kennedy did, in some style too, to give the hosts the half—time advantage. rangers rung the changes and eventually they paid off. with less than half an hour left alfredo morelos ruthlessly levelled it up as the visitors chased a sorely needed victory. with st johnstone's keeper zander clark standing strong it seemed they would be frustrated. with just two minutes left rangers‘ persistence paid off. morelos with the clinical and potentially crucial winner. his side just a point behind leaders celtic, the title race is very much on. the actor michael sheen is helping to pay for security to protect the latest artwork by banksy, which has appeared on a garage wall in port tal

diplomats from the swiss, german, united states and british embassies tried to get into year the trial, but they were told it is not a public hearing. —— hear the tr. so they were not able to go in. and stephen, unfortunately in these trials, the verdict is often not in doubt, is it? i mean, we are trying to work out why all of a sudden there would be a trial. you know, in china they often heavily rely on people admitting their gills. so after three and a half years he is having his trial. he is accused of attempting to subvert state power, which can be a pretty broad thing in china. basically, anything that would threaten the communist party can be seen and interpreted in this way. so it could be quite a tough being for him to be defending himself against. of course, if he is found guilty of this, it could mean many years in prison. and stephen, this is part of a much wider crackdown on human rights activists, isn't it, and the people defending them? yeah, he was picked up three yea rs them? yeah, he was picked up three years ago at the same time that hundred of human rights lawye

police in morocco say they've arrested a swiss national in connection with the murder of two scandinavian tourists earlier this month. the two young women, from denmark and norway, were found dead at an isolated hiking spot in the mountains south of marrakesh. the arrested man is also suspected of recruiting moroccans to carry out terrorist attacks. 200 years ago, around a third of argentina's population were black, but today, very few people admit to being of african descent. despite their huge and historical influence on society, black argentinians still face racial discrimination and are often treated as foreigners in their own country. our correspondent celestina olulode reports from buenos aires. there's nothing more argentine than tango, but many are unaware its roots are african. for the afro—argentines whose families descended from the slave trade, they often feel like they've been written out of history, and invisible to fellow argentines. i don't know why there's no people from africa. my theory is that they are not here because they would like to live with people that like th

police in morocco say they have arrested a swiss national in connection with the murder of two scandinavian tourists earlier this month. the two young women from denmark and norway were found dead at an isolated hiking spot in the mountains south of marrakesh. the arrested man is also suspected of recruiting moroccans to carry out terrorist attacks. a british couple whose son was murdered by his chinese wife have won custody of one of their grandchildren after a long legal battle. ian and linda simpson are due to return to the uk later this week, after reaching a deal during a court hearing over christmas in china, but they have been forced to leave their other grandchild behind. laura westbrook reports. eight—year—old jack and six—year—old alice have been at the centre of a long international custody battle. their british father, michael, seen here with them, was stabbed to death in his apartment in shanghai by his estranged chinese wife last year. weiwei fu is now serving a life sentence for murder. since their dad's death, jack and alice have been living with their chinese grandp

david: it is a merger of two swiss schools. imi and medb. they are specifically not attached to a university. they are a trade school. we will teach you the business, and you go forward. there are 8000 students that take their classes in any given year. it is huge. i had never heard of it. bythe list was dominated u.s. schools. there was another international school in paris that popped up to number one when you filter by which school sent people into the technology industry. that was ahead of m.i.t. that is interesting. america's great still in business school. nine out of 10. marriage inory, mumbai. withichest person in asia a 27 story house, this is a picture from their wedding. $100 million or more. $115 i heard it was million. what? david: i know somebody who was invited. he told me about it. he chartered 100 private planes to pick you up and take you there. they will go from place to place with the wedding. >> a fascinating detail, they have rented out five of the five star hotels in the city. that is how many people that have going. i

japanese yen and norwegian krona, and swiss bank, out performers. 2-10 spread continues to flatten. 19 basis points is how we print. good seven year auction after the sloppy five year and two year. tesla has named the board members that the sec said they must by the filing date. larry ellison and let me get this headline, she is the head of hr for headline, the head of hr for walgreens. ffat us for more is anne mo joining us from london. can you tell us how we got to these two names? >> it is exciting news for tesla. people have been asking for more accountability on the board and having these new directors is a big step. kathleen comes from walgreens. she had 17 years of experience at kellogg. she is an experienced corporate director. i think investors will be excited about that. she is a woman of color. she brings a lot of experience to the board. arry, some might consider him silicon valley insider, so i don't know if he will bring the same independence investors might have been looking for. he is a tesla shareholder. he certainly believes in the mission of the company. bring newat

lyft is working with jpmorgan, but it swiss, and another company for the offering. $18ations range from billion to $30 billion. in japan, softbank's ipo's telecom unit has been fully subscribed. underwriters were able to cover it yesterday thanks to strong demand from retail investors in japan and overseas buyers. cheers begin trading december 19. u.s. regulators will try to convince an appeals court that a lower federal's court was wrong warner dealand time goes rupee are they say at least a higher prices. at&t denies the accusations. that is your bloomberg business flash. alix: turning to wall street eat, three things wall street is talking about -- turning to wall street beat. 's family ties spirit we look at the rest of the ceo and look at the family. apollo warns of a credit bubble. says that could be a credit bubble. outrage was expressed over a outrage was expressed over a bloomberg article detailing wall street's handling of the #metoo movement. i do not know that word. it is i get five-syllable word. david: joining us now is lisa abramowicz. we want to talk about the daughter o

full-year net loss of 925 million swiss francs. they are scrapping the dividend. , theis about rallying board decided to cut the size of the management or from nine to seven. they will be a full-year loss. whohas lost both their ceo will step down, being replaced by the interim ceo. this all goes back to one lines manager, tim hayward. looking at performance of the stock, down over 60% in terms of foul you. 32%rought it back down to over the month. that you're breaking news. juliette saly is in singapore. the second session of gains here in asia. yesterday we had that buoyancy coming through after the huawei ceo was granted bail. in canada it's about soy gain -- soybeans. up to 2mmitting to buy million tons of soybeans. hoping there can be a reprieve in the traits that. the nikkei higher by 1%, yen weakness pushing that index higher. the hang seng and csi 300 leading gains in the region. the csi 300 and china jumping the most in about a month. we've seen pretty good positivity coming through on number of emerging-market currencies

start with swiss watch. we had a 4% rise in november numbers. there we see double-digit growth coming out of china. we had 10% in hong kong, 15% in very, 18% in the u.s., so strong numbers from specific countries. closerond one would be to recent times, the start of december, on spend trends, 8% overall in those different categories. nejra: quite positive there, but how concerned are luxury brands about current trade tensions, and how they might play out in 2019? deborah: particularly in china-u.s.. nejra: yes. deborah: i think if we go through the luxury goods companies, they are very well spread. even the u.s. companies. think about michael kors, 64% of sales in america. there will be movement, there will be change. the numbers for chinese travelers in the u.s. in q3 is down 20%. but overall, they are well held. we have a lot of luxury goods brands out of france and italy. the swiss, free trade situation, so not really touched, so for us we are still very bullish. nejra: ok. what about any day? any -- m&a? any details in conversations being he

the troubled swiss asset manager sees a quarter of its value wiped out after it shocks investors with news of a record loss. and ge takes off after the stock's biggest bear jpmorgan has something prominent to say on this industrial giant. let's take a look at the markets. draghi to a certain extent

swiss, norway, turkey. the ukraine is there as well. we also have the philippines. i was hearing in the break about that one. hike in first rate 2020. just a few weeks ago we were looking at it being in september. no interest rate moves are expected today. in the ukraine, 18% interest rates. in turkey, 24% at the moment. that is 2:00 p.m. ankara time, 11:00 a.m. u.k. this is the ecb market volatility. david: this shows you the number of months from the current time when the market is expecting the first rate hike. three months back, it was september of next year. right now that is well into the first quarter of next year. certainly german bonds of 27 basis points tell you that is not going to happen anytime soon. special coverage of the central bank policy decisions later today. that is the policy decision, 8:45 hong kong time. more importantly, it is when this man faces the media about an hour before markets open in the u.s.. rishaad: will he say, that is it, we are done with you we -- with qe? the current deposit rate is -.45%. the swiss national bank as well with

the swiss central bank also invest in stocks. the fed right now cannot buy stocks, it is prohibited is constitution. but think all of these things will be watched by policymakers next year. yvonne: you think the fed is this couldndent and be something systemic that would feed into the economy? jim: absolutely. companies will be concerned about how to make those decision. it deteriorating, it and stall those decisions it will impact jobs, construction, and consumption. we talked about animal spirits before. better to spend a billion dollars of with prices going up. yvonne: jim mccafferty will stay with us. you can also catch up with all our interviews by using our interactive function, tv . this is bloomberg. ♪ yvonne: a quick check of the latest business flash headlines. morgan stanley agreed to pay $10 million on allegations of fraud monitoring. regulatory authority says for more than five years the banks programey-laundering fell to a properly monitor tens of billions of dollars in transactions. morgan stanley nether -- n

the troubled swiss asset manager sees a quarter of its value wiped out after it shocks investors with news of a record loss. and ge takes off after the stock's biggest bear jpmorgan has something prominent to say on this industrial giant. let's take a look at the markets. today to a certain extent balancing things out. we have seen a cat on qe. cap on qe. namesare some individual that are really worth focusing on. out of switzerland losing a quarter of its value today on another warning. it's not just what we thought was the problem. there are further problems emerging in one of the quant funds and that really is unnerving investors. tradings share price is higher today. the board is now saying that it will maintain him as chairman and ceo. it's going to be interesting to see how the relationship develops with nissan from here. here's taylor riggs. major averages were fluctuating between gains and losses. finding direction. the nasdaq and the stocks is outperforming. that is reversing. seeing a little bit of divergence between the dow and everything else. take a look at crude oil. psy

are restructuring unit was bigger than i swiss bank. -- a a swiss bank. they wanted to see it effectively prevented. we definitely underperformed. plan toa very ambitious grow, to cut costs at the same time. that was very ambitious. you get the europe factor. european.ing as we have to keep explaining switzerland is not in the eurozone. it is not affected by what is going on in europe. all that plays a factor. inwe deliver and 2019 -- 2019, potential to lead to a higher -- >> i have to cut you off because there has been a vote of no-confidence against theresa may. does that change her plans? >> -- your plans? only sensible thing to do. we are well versed in that respect. to spread our activity. frankfurt, paris, london, dublin. that is the sensible thing to do. a couple more questions on market volatility. now that you have done restructuring, how do you expect to grow the bank? asset sales? acquisitions? >> in 2015, we said global wealth will continue to grow. we have grown our revenue in line with that. that is going to continue. global markets would de

this is the swiss swedish engineering group. we did see some mining companies moving higher, which i find interesting. you cannot be too worried about global growth. just a moment ago we had another couple of mining companies in here as well. concerning as we head to the end of the year about the global growth story. let's get to vote retail story. it is emanating from the u.k. .ithout warning from asos certainly there were something to consider dreadful about the performance of stocks in the sector. so they are down by more than 30% out of the gate. a 10 m and spencer's, all of these retailers coming under pressure as a result of what we have heard. there seems to be brought her legs to this story around retail. let's get the bloomberg first word news update. annabelle joins us from hong kong. malaysia has filed charges against goldman sachs of what they said was false statements against one mdb bond sales. malaysia will seek fines it will in excess of both two .7 billion dollars of allegedly misappropriated funds. and the six

today, everybody but the swiss franc up against the dollar. there's a drop-down menu here. if i look at this drop-down menu and i put up year-to-date, we can see what's happened to the dollar in 2018. and it's incredible to see almost everybody is down against the dollar with the exception of the yen. is that all about the fed hike story? kit: sort of. it's a fed hike story and u.s. growth surprises. i did a chart using the bloomberg, consensus expectations on growth versus the rest of the world and the u.s. 2020,verage 2018, 2019, put the dollar index against that, you get a nice fit. we revised growth forecast in other places. we revise growth forecasts up in the united states throughout the year. the u.s. economy has done better than people thought this year. that's the mistake people made. bond yields one up, the dollar went up until just this last bit of the year. matt: now we're in a position where the fed is getting more dovish, even if some think powell is hawkish in his last meeting i saying the balance sheet productions are on autopilot. seemsropean central bank i

., the swiss franc could come under pressure. they have made it clear they are not moving interest rates. they have lowered their interest rate forecast. offersk the swiss franc value for the downside. tom: very good. kamal sharma with us from bank of america. to drive forward at this conversation, stanley , he weighs in tomorrow. this is "bloomberg." ♪ viviana: this is bloomberg surveillance. i'm viviana hurtado. standard chartered has a deal to separate its private equity unit and for bill winters to exit. the majority of its private equity portfolio will be transferred to london intermediate capital group. jaguar land rover is not commenting on a report it will cut thousands of jobs as part of based turnaround -- as part of a turnaround strategy. the carmaker will outline the measures next month. jaguar land rover is owned by india. asianors say of emerging stocks will be the best-performing asset class next year. that is according to a new poll from citigroup. citigroup says preference make sense if you anticipate a weaker

it in placesee like the euro swiss. the impact on brexit appears to be inching upward. it is less significant than italy has been. easy that percolating in the number of days -- different assets. i don't think it is truly significant. it will be with us in 2019. francine: think you so much. coming up on bloomberg mark gets, -- markets, in new york, 6:00. in london -- seeing volumes. we are seeing a little bit of a risk of food looking at dollars actually flipping a u.s. futures rising. i'm looking at gold climbing the treasuries. this is bloomberg. ♪ tom: new york city on this christmas eve. welcome you and hope you travel safely through the season. francine in london and i'm tom keene in new york. in most of europe, markets are closed. in america, we are open until p.m.p.m. equities, 2:00 bonds. it is an odd day. we are taking an advantage to step back with smart conversation. right now, with a news update, here is the vienna. viviana: -- here is viviana. viviana: steven mnuchin speaking to the six largest u.s. banks over the weekend as the white house moves to try t

the reason we get that 15% number four swiss watch exports, we still get 10 presented to hong kong. francine: when you look at trade itsions, we talk about impacting technology stocks. does it impact luxury? deborah: i think it is perceived to be so, so if you look at the half year and how strong luxury rallied in some of the , it is not actually so much the case because the biggest luxury brands had a huge fluctuation stored in key locations, mainland china and asia. inlook at what is happening terms of e-commerce, only 10% of the luxury market. a lot of that can be captured. then you think about the luxury goods, the biggest brands who have done the best, and they are produced in france, produced in italy. out ofo you have a case the u.s., even companies like michael kors, 65% of what they do is still within america. they are very much exposed in their own economy, so to speak. it is less exposed as compared to some other things. francine: thank you so much. patrick, think you so much for joining us as well. now, "bloomberg surveillance" continues. we will be talking to the chief

genoa is an important harbor for the north of italy and for the swiss and south of germany. tom: what do you need on tourism? you have got the harbor, what do you need for tourism in the northwest of italy? mayor bucci: the most important things we need is to re-create the confidence we had before. been growing 7% every year for the last five years and we need people to think genoa can be reached and -- mobility is not an issue and everybody can enjoy the city as before, better than before. you need more politics that are stable and do you believe that matteo salvini will break away from five-star? mayor bucci: i do not know. that is a politician issue. i am an administrator pruitt i need to think about -- i am an administrator. i need to think about the area. francine: we talk about the trade war. have you been affected by some of these trade tensions? mayor bucci: we are growing commerce right now. we are growing shipments. genoa is an entrance area for europe and the poor. , the most important corridor in europe is managing 55% of total growth in europe. we are in a growi

all you need to know, the dollar is up against the yen, but down against safe haven currencies like swiss and the japanese yen. cfo story and the arrest announced, actually arrested december 1, traders partly blame that for souring the mood, potentially on pace for the worst day in asian equity markets in about six weeks. manus: let's get straight to india. these markets are repricing growth. how is it playing out in the indian market? am: the rate change of the reserve bank of india has offered no respite to indian equities. at this point in time, they grind lower taking cues from global markets. the nifty and sensex down as much as 1%. wefar as the indian rupee, see the u.s. dollar strengthening against the indian rupee, around nearly the mark of 71. that could be another factor playing out against indian equity markets. tracy: thank you so much for that. let's go over to debra mao in hong kong with first word headlines around the world. debra: u.k. prime minister theresa may is considering a round of concessions to win over conservative rebels and save her sinking brexit deal. she held

that while we're on the subject let's bring in our financial correspondent from frankfurt only knows swiss bank credit suisse is also advising clients to get out of britain that's hardly a vote of confidence as it. that's true and it is really making waves here credit suisse is not commenting on this report that's to be seen in the f.t. and it's spread around through all sorts of other media but apparently after the parliamentary vote in london and westminster on the back so it was postponed because the prime minister didn't want to have it voted on the customers started coming to credit suisse in droves asking that their money be in some way made safe and that apparently prompted credit suisse to advise its super rich customers its prime customers to move assets to move money out of the country so that if there is a no deal practice certain things go down the tube in some way the money is still there are not locked up in prison but definitely not only the super rich clients of credit suisse worried that as we've heard the report that german business sentiment is also have been affected by

have you with us now if there was one topic dominating the economy in twenty eighteen it was trade swiss u.s. presidents donald trump attacking partners in the e.u. as well as canada mexico with whom he signed an updated version of nafta called u s m c a and then of course it was china trump went after the country for its trade imbalance with the u.s. and started a trade spat that ended in tariffs on car electronics agricultural products and other goods worth billions of dollars over the weekend trump said on twitter that he has been talking to china's paying about a comprehensive trade deal and that progress is being made and on the last trading day of the year chinese stocks ended the session in positive territory for more let's cross over to andrea hang in singapore andrea how much of those gains are actually down to those trade talks between the u.s. and china a lot of it has to do with the chinese china us talks that the provide a very big boost to the market sentiment over the last few days now is also a rare glimpse of hope in what seems like a very tumultuous year for ages in twe

those demands include the introduction of swiss style popular referendums, lower taxes and dignity. we want to work to please ourselves, not just to survive. the day's demonstrations glargely peaceful. by afternoon, however, the boulevard was thick with tear gas and chance for the president to resign. some tearing up the cobble stones for the battle, not eager for attention. 8,000 members of the security forces were deployed in paris far outnumbering the protestors. gilles tells the riot protestor he should switch sides. will they hold? for how long? we can see they're tired. they shoot for nothing maybe for nothing they would shoot. >> reporter: this is the fifth consecutive week of protests here. it doesn't look like the protests are coming to an end. six could very well be coming. ben wideman, cnn, paris. >>> the revolving door at the trump white house and another one bites the dust. we'll explain why interior secretary ryan zinke says he's quitting. >>> two u.s. democrats want to face off with the president in the next election. how familiar faces did as "newsroom" pushes ahead.

those demands include swiss style referendums, lower taxes and dignity. we want to please ourselves, not just to survive. the demonstrations began largely peacefully. by afternoon the boulevard was thick with tear gas and chance for the president to resign. some tearing up the cobble stones for the battle not eager for attention. 8,000 members of the security forces were deployed in paris saturday far outnumbering the demonstrators. gilles, protestor, tells the riot police he should switch sides and don yellow vests. >> today they're here, but we have to ask where is this going, he says? will they hold? for how long? we can see they're tired. they shoot for nothing. maybe for nothing but shoot gas they did. there are is act five, the fifth week of protests. it doesn't appear that the numbers are smaller that the protests are in any sense coming to an end. act 6 could very well be really. >> thank you for the report. >>> live around the united states and the world, you're watching "cnn newsroom." >>> still ahead, facebook could be in trouble thanks to a ma

in this case we're seeing people put their money into the japanese yen and the swiss franc. and that's because those currencies are usually seen as pretty stable. so when everything else looks like it's wild, you have to go to those. right now people are looking at the big picture. something that happens one day is not a trend, especially when it's so contradictory day to day. so i just want to put up on the screen four, george, what people are looking at as they see the big picture. not just in the united states but around the world. starting with slowing economic growth in china as well as other countries. growth is very slow here in europe as well. but we've had new numbers showing the china industrial profits declined for the first time in the past three years. the china-u.s. trade war, we do have a little bit of optimism there. there's a report from bloomberg that says there's a delegation that's going to go from the u.s. to beijing in january. when it comes to brexit, again, this is such uncertainty. there's no way to price brexit into the market because there are so m

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