quests cases rather not because both verdicts are scheduled on the same day right scripts assists a swiss to condemn the latest verdict on russia which is final and actually cannot be challenged the amnesty international has said the verdict exposes bahrain's justice system as a complete farce and the bill son adam neville has tweeted several pictures this is one of those pictures there and this was another one that bill had also posted and what he adds is that he says that he has sent my father to prison for opposing yemen war and he's use the hashtag they're free as well and he's asking them to free his father other others have also been sharing this picture here it says it's a missed opportunity for bahrain to redeem its human rights records and the hashtag free months for their morality has been used to share their concerns about what they call the wrong full imprisonment of them razzi activists. and one person has tweeted and that kind of reflects a lot of the opinions as well that we've seen saying that if you are outraged about the sounds of genocide shocks you then you should be c

christmas so they're going to be trapped in the middle of all of this they're going to start looking like swiss cheese and it's interesting because more reason to say hey i don't for a moment the human what i think that what savia just told us basically a shoal of so that all the idea that there is a stage is bad then the u.n. is somehow on to bad influence and that's why it's misbehaving this view is completely incorrect you know. ideological down the want to. determine type of state because look what's going on trump and. at last you know something along the lines of he is in a complaint he's put it out of syria who are the first to be enraged the you were at p.s. you know immediately the french minister said we are live in the you know these country poor country to its own devices the german minister was enraged that these specific so we don't think the united states and the european union have given enough help to the syrian people i think they are all these years they have given so much hope that they will have to apologize until their third millenium i think what they did to specially the

you picked up new kraft expertly paired cheddar and swiss for eggs. beat that! kraft. family greatly. we talked about syria and he told me some things grin that make me feel a lot better about where we are headed in syria. he promised to destroy isis. he's going to keep that promise. we are not there yet. but as i said today, we are inside the 10-yard line. >> leland: that was republican senator lindsey graham in south carolina after having lunch with president trump at the white house. as we mentioned, senator graham was an outspoken critic of the president's plan to withdraw u.s. troops from syria. but, after yesterday's meeting, he says he has never felt better about where things are headed. let's bring in republican congressman francis rooney of florida. at least for the next couple of days here vice chairman of the house foreign affairs committee will change in the new congress. good to see you, sir. >> good to see you, leland, thank you. >> leland: lindsey graham feels a lot better. do we understanding what he feels a lot better about and why? because this seems

have you with us now if there was one topic dominating the economy in twenty eighteen it was trade swiss u.s. president 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 cost electronics agricultural products and other goods worth billions of dollars over the weekend trump said on twitter the. he has been talking to china's paying about a comprehensive trade deal 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 to. 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 in twenty eighteen and acc

you picked up new kraft expertly paired cheddar and swiss for eggs. beat that! kraft. family greatly. woteddy and i would love some tea!a? i'm having a tea party with my friends at st. jude children's research hospital. st. jude freely shares our research and discoveries to help save kids with cancer everywhere. would you like a finger sandwich? of course whose fingers? give thanks for the healthy kids in your life, and give to those who are not. donate now at stjude.org or shop wherever you see the st. jude logo. >>> let's head to wall street. the markets just opened. take a look. the dow is up almost 200 points to kick off the last day of trading in 2018. today's optimism thanks in part to president trump's tweet, claiming big progress in china trade talks after a long and good call with president xi jinping. the dow is looking at a drop of nearly 1700 points or 6.7% for all of 2018. the biggest one-year decline since 2008. joining me, cnbc senior analyst and commentator ron insana. so as you look back, ways your big takeaway? >> i think the market got a lot of what

footage of millenia trauma proving that the white house sinkhole is actually hers keep tunnel along that swiss molony on the verge of giving away or escape routes exclusive analysis by u.s. and experts state shooting for the latest news brought to you by s.n. . thanks for chasing off the and to national this column brave will be here with all the latest about thirty minutes. welcome to maximize your financial survival guide. looking forward to a year that's without. yanks this is what happens to pensions in. don't. watch tris report. them too so if you go and sophie shevardnadze fortier's own the ground breaking news ago pink floyd still sounds fresh in the lyrics of roger waters are as relevant as ever how hard is the balancing act between music and politics well i'm here in st peter's birth to ask the legend himself watcher waters musician author activist co-founder of pink floyd and my guest today is really great to have you with us today welcome to our show thank you everyone's really happy that you're here looking for your tour and i'm looking for a little chat so i'm going to start from

if we go the other way, we could have a harsher selloff the biggest, best is the swiss franc. it could go 90 cents against the dollar. >> thank you very much for joining us this morning. >> happy new year to everybody >> that does it for "worldwide exchange". "squawk box" will pick up the coverage here. but happy new year take a look at the futures market we could have a nice green open. up 200 points. that does it for us on the show. pp20ye'svear e hay 19 ♪ ♪ ♪ ♪ comfort. what we deliver by delivering. a business owner always goes beyond what people expect. that's why we built the nation's largest gig-speed network along with complete reliability. then went beyond. beyond clumsy dials-in's and pins. to one-touch conference calls. beyond traditional tv. to tv on any device. beyond low-res surveillance video. to crystal clear hd video monitoring from anywhere. gig-fueled apps that exceed expectations. comcast business. beyond fast. >> i think it will be tough for the transports in 2019 but there are good values. i do see some opportunities. >> what if there were no rate

. >> but it was in this remote corner of italy not far from the swiss border our story talks its most intriguing turn. two years after mark slipped off that yacht in the greek islands, a mysterious american rolled into an alpine village, making a lasting impression with his money. >> courmayer is in the shadow of europe's highest peak on italy's side of the border with switzerland, it's quaint and remote. wealthy tourists are drawn for mountain climbing in warmer months. all of it providing the perfect cover for anyone who wants to live well without standing out. call it st. maritz without the glitz? >> do you forget how spectacular this is when you live here? >> you can't because it's very spectacular. this colonel heads the italian state police. >> you know everyone? >> no. everyone knows me. >> according to the colonel, it was in 2006 beginning of another ski season a certain high rolling stranger arrived. >> he arrived how? >> in a large limousine with a driver, we were told. >> first class? >> very first class. >> local people said the stranger appeared to be an american. he kept

christmas so they're going to be trapped in the middle of all of this they're going to start looking like swiss cheese and it's interesting because more reason to hate donald trump and even why i think that what savia just told us basically a show of. the old idea that there was a stage as bad as the us somehow on to bad the influence and that's why it's me to be caving this fear is completely and correct you know all a near miss ideological than want to. determine table to see. what's going on trump and. at last you know something along the lines of he is in a coke in pain he's put in a little bit who are the first to be enraged. the europeans you know immediately the french minister said we are live in the you know this country poor country to its own devices the driven minister was enraged that these specific so you don't think the united states in the european union have given enough help to the syrian people i think they already know all these years they have given so much help that they will kept the poor dry stuff until their third millenium i think what they did to specially the french

police in morocco so they have arrested a swiss national in connection with the murder of two european tourist earlier this month. the two women we re earlier this month. the two women were found in an isolated sites south of the mountains in marrakesh. the man had also been charged with recruiting people to carry out isis 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 now 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 their fellow argentines. mistaken as foreigners, these are the people who face racism today. translation: i belong to an ethnicity that has been systematically denied. it

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

you picked up new kraft expertly paired cheddar and swiss for eggs. beat that! kraft. family greatly. ♪ there's no place likargh!e ♪ i'm trying... ♪ yippiekiyay. ♪ mom. ♪ a book that you're ready to share with the world? get published now, call for your free publisher kit today! >>> tomorrow is the last day on the job for defense secretary james mattis. it is likely the end of a military career that began 50 years ago. a departure that, frankly, worries a lot of people. secretary mattis is a stabilizing force in the trump administration. one of those the retired four-star army general stanley mcchrystal. >> if we have someone who is as selfless and as committed as james mattis, resigns his position, walking away from all the responsibility he feels for every service member in our forces and he does so in a public way like that, we ought to stop and say, okay, why did he do it? we ought to ask what kind of commander in chief he had that jim mattis, the good marine, felt he had to walk away >> if you were asked to join the trump administration, what would you s

police in morocco say they've arrested a swiss national — 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've 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 b

american police have arrested a swiss spanish national in connection with the murder of two scandinavian women eisel terrorists in morocco more than a dozen suspects have been arrested since the bodies were discovered earlier this month and a broadcaster in sweden has also come in for criticism over its coverage of the killings if you would say the channel has downplayed the horrific incident one norwegian and one danish ones were killed while hiking in the atlas mountains a video of their murder was posted online and it's reporting as a bt failed to mention that one of the girls was beheaded or that islamic state was involved in the broadcast. did though warn people against sharing the video for legal reasons. have now seen this very strange report and you lower the has been created to protect the rape victims from having video of the crime spread is now being applied to the beheading of the denish and the region girls in morocco i myself would never watch such a video let alone share it now we're more upset about the proliferation of crime instead of beheadings to sum up s. vitis cover

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

but also you know in europe the swiss central bank is one of the biggest equity owners in the whole world and so it goes on so what's been happening well. there's been a bit of a misunderstanding concerning the monetary policy proposal i made a long time ago called quantitative easing i proposed there's a ninety ninety five as a post banking crisis measure to stop the crisis in the banking system and get the economy going again and it consists of the central bank purchasing the non-performing assets of the banks so you don't need to use taxpayers' money you don't need to get into debt you don't need austerity. and then you help the banks and encourage the banks to increase lending which can be done through various ways but including the government stopping issuing bonds and borrowing directly from the domestic banking system these options that have been open to the spanish portuguese greek irish japanese and many other central banks and governments in those countries where there's been massive recessions last year unemployment vast youth unemployment and the need to boost domestic demand

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

the reason for this is a long story it began with swiss cheese zoom run in their chairperson of water pose agricultural cooperative tells visitors to the village museum about a certain german named alexander kaiser. he came here over one hundred years ago and realized that the lush meadows on this plateau provided the ideal conditions for making m. and all cheese well. i like some surprise it this village owes a great deal to alexander kaiser and to his daughter she diligently carried on her father's legacy they left us a lot of cheese recipes that i had to take the time to learn. how to do it. and the other women in the cooperative don't just make any one of the milk cheese they specialize in turkish car scrub year with a little imagination rob year sounds like greece where a variety of swiss cheese. this culture great grandson of the german pioneer knows how this came to be today he's one of the few men with any real say. but i do know that. my great grandfather came here with us was friend on their way back from the caucasus central europe peoples of russia's october revolution. th

easing father a swiss for iraq into iran what's the weather. weather a possibility of it's was that western side of the himalayas but lossie dry behind a fifty eight celsius in bag that's a study on the cold side some attempt to the two full pay rates on sas they often go on into us on the more the same they want to show as winter weather that just around the high ground. so when the weather that's pushing its way into northern areas off syria before central and eastern posse get the sunshine comes free they have twenty six ounces in karate not doing too badly will see that touches seem to temperature is too into what caused the u.a.e. twenty five degrees over the next possibility of a little cloud just around the gulf of aden just easing a little further west was over the mess that was the chance of one of two spots of rain i would have some rather lively showers longer spells of free pushing into the eastern side of south africa recently the showers looks set to continue further north that we further showers that into zimbabwe will show us to

we want this murderer to have justice that is swiss and harsh. but that certainly does not mean that there is criminality and the rest of undocumented immigrants, as some -- >> shannon: i don't think anyone is making a suggestion. >> many republicans want that to be the case, when the reality is, undocumented immigrants in this country commit considerably less crime. considerably less crime than native born -- >> shannon: what we are talking about is is one situation where apparently, according to the law enforcement officials involved, said this man should not of been in the country, had previous dui arrests, he came here illegally, so in the case of this family and this slain officer, gianno, we are talking about somebody that potentially, the state's policies allowed theories, or cases like this, to happen. >> i'm incredibly disappointed with my dear colleague jehmu's rhetoric on this issue. this is a safety issue plain and simple. it's not a partisan issue. if you look at the pier numbers, 70% of individuals that were brought in by i.c.e. in

the dude who could be carter or to dinner sometimes i could use a swiss on this subject don't include the absolute perfect the minute you go to miter and see like democracy it would set up of financial support him and no one knows them and that their knowledge will not suddenly produce be colored boozer. comedy block no i'm pretty exact monem shoes but it was. the sudden increase in the price of oil weighed heavily on the world economy. they put the brakes on growth. production costs went up prices went up to. inflation is skyrocketing. high inflation has a major drawback it impoverishes savers and investors since their money depreciates . for government inflation became a new enemy to be defeated at all cost. children more volcanism on would have wrestled a brief federal sat at all those are the federal reserve there is to slow yeah follow easy late class will this no see you for valley going to me community really classy going to the andris around you cause i said i used to are classic kids don't call me a serial if what i was eagleman gone by gar on third credit during the debate y

the serious fraud office got to the brink of uncovering the secret swiss bank accounts by which be a was from owning money to the saudi royal family the swiss said we're going to notify the bank account holders randolph flew to london blair swung into action. he ordered the serious fraud office to close down their investigation. prince bandar said if the investigation continued they would withdraw a national security cooperation which would lead in the words of prince bandar to blood on the streets of london. the story we've been banging away out for more than five years they really work up to it because everybody could see was a huge cover up scandal the spectacle of a british prime minister closing bell of a criminal investigation. were you aware that your government was approving payments to a friend of president bush's as part of british aerospace is back system is that why you suspended a fraud inquiry. because when tony blair started talking about national security interests that supposed to be a card that trumps all of those i don't believe the investigation is that it would h

bank accounts by which be a was from owning money to the saudi royal family the swiss said we're going to notify the bank to tell holder's randell flew to london blasts one into action. he ordered the serious fraud office to close down their investigation. prince bandar said if the investigation continued they would withdraw national security cooperation which would lead in the words of prince bandar to blood on the streets of london. the story we've been banging away out for more than five years is something they really work up to it because everybody could see was a huge cover ups the spectacle of british prime minister closing bell of a criminal investigation for reasons were you aware that your government was approving pavements to a friend of president bush's as part of british aerospace is back system is that why you suspended a fraud inquiry. because when tony blair started talking about national security interests that supposed to be a card that trumps all of those i don't believe the investigation is that it would have led anywhere except to the complete wreckage of a vital st

isn't getting underway when roger federer heads towards australia and one lucky couple even had the swiss tennis my strait gate crashed out of their wedding federer was touring the famous limestone pinnacles in western australia when he stumbled upon the newlyweds hopefully not actually they all wished each other good luck with federer looking to defend his australian open title in me january he got some early practice in against some local goals and likened the landscape to the movement. now if you're a regular viewer of europe's top football leagues you'll be well aware that generates billions of dollars money that's led to a booming industry and some very well paid players but that reality does not represent the rest of the footballing welden in the african nation of gab on for example trying to make ends meet is a daily struggle even for professional footballers. there's this gap a nice football club f.c. the people have you trust glen and it's hard to find anything out of place just a bunch of professional footballers training. but imagine playing on an empty stomach so these players

charles: corrupt government, take the money, put it in a swiss bank account. we know that doesn't help. where do you think we are with respect to all of this? those countries i'm not sure what will happen to them in terms of democratically evolving overnight. then of course there is mexico, which is between us and those nations. would seem to step up a little bit in the last caravan showdown, saga, if you will. they made overtures to the caravaners, folks in the caravan. for the most part they were rejected, but felt like they were being more sincere. >> mexico has at least agreed to whole people in mexico while they apply for refugee status. most people do not qualify for refugee status under the law. the law is well-founded fear of persecution. i don't blame them, they want to upgrade the economic circumstances. i would be trying to do that the same. i would probably do it in line law fully rather than cut the line which is what these people are doing. unfortunately mexico may bear some of the brunt because trump is looking for things he can do without congr

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

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

the dude who could be carter or to dinner sometimes i could use a swiss on this subject don't include the absolute perfect the minute you go to miter and see like democracy it would set up a financial support him and no one knows i'm on but the knowledge will not suddenly produce be colored boozer. comedy block long and pretty exact monem shoes put it to . a sudden increase in the price of oil weighed heavily on the world economy. it put the brakes on growth. production costs went up prices went up. inflation is skyrocketing. high inflation has a major drawback it impoverishes savers and investors since their money depreciates . for government inflation became a new enemy to be defeated at all cost. after removal going on would have wrestled a brief federal sat at all those are the federal reserve there is to slow yeah follow easy late class will this no see you for valley going to me community really classy going to the andris around you cause i said i used to our classic good stock of israel if i was eagleman and gone by gar on credit during the debate you feel silly it put you to s

to a six-month high, outperforming all other safe haven currencies, yen and the dollar, swiss franc. but what you can see in the lower panel is also interesting. it speaks to your point about the diversions and financial markets. gold shares etf reaching the highest level in , $643han two years million into that product. similar flows into other etf tracking the metal. that was on wednesday. the s&p 500 was ripping higher. that was telling you something very different. rishaad: i say nothing. yvonne: no? what has changed in that chart? why are we singled finally catch a bid? >> it is a degree of skepticism on the part of markets. what we have seen in terms of risk appetite coming back. pausinga fed that is tends to make sense. rishaad: tracy, where are using the skepticism, apart from everywhere? >> there is that old saying on wall street -- thatad: they have positivity, but you have the negativity in credit. >> which is the big question, because wall street usually calls credit the smart money. what is the smart money telling us that the dumb money isn't? credit doesn't move as quic

you picked up new kraft expertly paired cheddar and swiss for eggs. beat that! kraft. family greatly. has been excellent. they really appreciate the military family and it really shows. with all that usaa offers why go with anybody else? we know their rates are good, we know that they're always going to take care of us. it was an instant savings and i should have changed a long time ago. it was funny because when we would call another insurance company, hey would say "oh we can't beat usaa" we're the webber family. we're the tenney's we're the hayles, and we're usaa members for life. ♪ get your usaa auto insurance quote today. >>> as the end of the year comes around, one thing we truly get excited about around here in maddow-land is, wait for it, the final tallies of political spending. for example, year-end financial filings are giving us a peek into how much money hedge fund billionaire robert mercer and his family spent in 2018. as major trump supporter, the mercers, who are also the big money behind breitbart news and the new defunct cambridge analytica pumped mo

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

people are still getting into that safe haven flight to callical quality mode swiss frank a safe haven currency there let's move on when we talk about oil. oil also had a strong session yesterday in u.s. time staging a recovery of 10% at one point this is the biggest one-day jump in a couple of years time. putting it all into context. context is everything. energy is still down about 40% from where we were back in october. yes, a big one-day recovery in oil, but that didn't last long either brent is trading down 2.4% wti down 2.21% as well. all eyes on how opec plus reacts come january of next year. let's look at u.s. futures they have really turned south. this after that bumper session we have been talking about the major indices up yesterday now the dow seen opening up 300 points weaker. nasdaq down 100 points or so looks like market sentiment is yet again nosediving for the worst. >> the u.s. retailers posted their best holiday season in six years with sales up more than 5% from 2017. that's according to a report by mastercard online sales in the states rose 19% from last year showi

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 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

an american tourist had a near-death experience high above the swiss alps after somebody forgot to buckle his safety harness and left him holding on for dear life. which activity was the man doing at the time? was it a: hang gliding, b: bungee jumping, c: skydiving? >> hang gliding with the creepy porn lawyer. >> tucker: seriously, cpl was there? we are not going to hold you to that. was it hang gliding as cory said? >> a first-time hang glider holding on for dear life. his safety harness was not connected.il the pilot had trouble controlling the glider. >> tucker: cpl can't even hold onto his clients, much less a hang glider. final question, this also multiple choice. first lady melania trump has unveiled the christmas decorations of the white house. they feature tens of thousands of red ornaments. what is this year's theme? iwi is it a: winter wonderland, b: blessings from the heartland or c: american treasures? cory. >> american treasures. >> tucker: let me just say, you are a savage animal, can i just say that? >> that's true. >> tucker: it's unbelievable. is it c: american treasures?

diplomats from the swiss, german, united states and british embassies tried to get in to hear the trial, but they were told it's not a public hearing. so they were not able to go in. and stephen, i think unfortunately in these trials, the verdict is often not much in doubt, is it? i mean, we're trying to work out why all of a sudden there would be a trial. you know, in china, often they heavily rely on people admitting their guilt. so after three and a half years, he is having his trial. he's 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 thing for him to be defending himself against. of course, if he's 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 years ago at the same time that hundreds of human rights lawyers and activists were all taken away in a sort of