jill, what did lavrov say? >> reporter: what he did say, i think, one of the most interesting things was they are not really counting on exactly what donald trump will do. in fact, he said the foreign policy of trump is very different from republicans or democrats previously. it is as he put it, the world as donald trump sees it. that said, what the russian foreign minister is saying, let's forget about values. values are the fig leaf for regime change. let's be pragmatic. i think this is the approach they will take which is saying donald trump, you are a businessman. let's forget about all this value stuff and let's work together concretely on certain issues. one of those would be terrorism. then also specifically remember we were reporting that mr. trump proposed a deal if the u.s. gave up sanctions and the russians could have some type of agreement on reducing nuclear arms. minister lavrov said i don't see it. then that said after dismissing that, he did say but for both of us a priority is strategic stabili

sergey lavrov said u.s.iplomats have engaged in espionage trying to recruit senior russian diplomats. in a wide-ranging news conference lavrov also talked about working with the trump administration to fight international terrorism. lavrov invited the incoming trump administration to attend the upcoming syrian peace talks in kazakhstan. the german foreign minister said the comments caused ago ton initialment. and secretary of state john kerry said it was inappropriate for mr. trump to interfere in german politics. the president-elect called chancellor merkel's refugee project a mistake. and causing lawmakers to boycott his inauguration. mr. trump met with the son of dr. martin luther king jr. in the midst of a heating feud between mr. trump and civil rights hero john lewis. hena daniels is here in new york. hena, good morning. >> good morning, anne-marie. senate confirmation hearings resume today for more of president-elect donald trump cabinet nominees. this as more than 30 members of congress now say they'

earlier in the day, russia's foreign minister, sergei lavrov, knocked down the suggestion that donald trump had hinted at a deal for russia to reduce its nuclear arsenal in return for the u.s. lifting sanctions imposed after the kremlin invaded and seized crimea in 2014. but, lavrov went on to say, as soon as the new administration takes office, russia is ready to talk business, which includes disarmament. >>> mr. trump's nominees for defense secretary and cia director are likely to be the first confirmed by the senate, perhaps as early as inauguration day. but major garrett reports nominees to other departments, including health and human services, are being slowed down by questions from their past. >> the hip act, as an orthopedic surgeon i bear some familiarity with this area. >> reporter: that was tom price in june talking about legislation he introduced to delay a federal regulation related to hip replacements. a week before he introduced that bill, price bought between $1,000 and $15,000 of stock in a company that stood to benefit from that delay. federal law prohibits members o

sergey lavrov said u.s.iplomats have engaged in espionage trying to recruit senior russian diplomats. in a wide-ranging news conference lavrov also talked about working with the trump administration to fight international terrorism. lavrov invited the incoming trump administration to attend the upcoming syrian peace talks in kazakhstan. >>> meanwhile, mr. trump's comments on nato and the european union have foreign leaders on edge. the president-elect trump called it obsolete. the german foreign minister said the comments caused astonishment. and secretary of state john kerry said it was inappropriate for mr. trump to interfere in german politics. the president-elect called chancellor merkel's refugee policy a catastrophic mistake. >>> four days before he's sworn in as president of the united states, donald trump's comments are cause dismay in the african-american unit, causing lawmakers to boycott his inauguration. mr. trump met with the son of dr. martin luther king jr. in the midst of a heating feud betwe

and within an hour, hour and a half, i had a phone call from sergey lavrov of russia suggesting that was a really good idea, why don't we work on whether or not we could do that. and president obama and president putin had actually talked about it a few weeks earlier in st. petersburg and i'd already talked to lavrov, actually talked to prime minister netanyahu about it, thought it was a good idea. and so all of a sudden, lavrov and i were thrown together by our presidents in an effort to try to achieve that and guess what, we did achieve it. before congress voted. the president never said, i won't drop a bomb. what happened was, people interpreted it. the perception was that he was trying to find a different road. and i will acknowledge to you, absolutely, i heard it all over the place, the perception heard, yes, the perception hurt, but the perception came about despite the fact that we actually got a far better result of getting all of the weapons of mass destruction out of syria without dropping a bomb. if we had dropped a bomb, no guarantee we would have gotten any of them out.

i've talked to staffan de mistura, i've talked with minister lavrov. we all agree that the same objective remains, which is to get to geneva, where the real meat of the talks is going to take place. and i don't think anybody at this point has an expectation that there's going to be some major step forward out of astana if that takes place. and obviously, there are questions about that just given the back and forth of what's happening on the ground today. so no, i don't think it wore out. i just think that we all wanted to try different things and it might show greater promise of actually delivering what we all want to find delivered. mr kirby: thank you. we only have time -- secretary kerry: john, why don't you manage this. mr kirby: yes, sir. we only have time -- secretary kerry: we'll try to take a few here. mr kirby: we'll start with matt. >> thank you very much, and happy new year, mr. secretary. secretary kerry: thank you. >> i'm curious, from what you know, what you have heard, which of your priorities and accomplishments some of which you just l

earlier in the day, russia's foreign minister, sergei lavrov, knocked down the suggestion that donald deal for russia to reduce its nuclear arsenal in return for the u.s. lifting sanctions imposed after the kremlin invaded and seized crimea in 2014. but, lavrov went on to say, as soon as the new administration takes office, russia is ready to talk business, which includes disarmament.

earlier in the day, russia's foreign minister, sergei lavrov, knocked down the suggestion that donald trump had hinted at a deal for russia to reduce its nuclear arsenal in return for the u.s. lifting sanctions imposed after the kremlin invaded and seized crimea in 2014. but, lavrov went on to say, as soon as the new administration takes office, russia is ready to talk business, which includes disarmament. the russians have adopted a very tough tone coming into the inauguration. it's a signal that if and when team trump gets to the bargaining table with russia, they'll be facing a very tough- minded adversary, scott. >> pelley: elizabeth palmer at the kremlin wall for us tonight. liz, thank you. mr. trump's nominees for defense secretary and c.i.a. director are likely to be the first confirmed by the senate, perhaps as early as inauguration day. but major garrett reports tonight that other nominees to other departments are being slowed down by questions from their past. >> the hip act, as an orthopedic surgeon i bear some familiarity with that. >> reporter: that was tom price in june

lavrov was very interesting.nk he can begin to see this offer they are holding out to donald trump. to be pragmatic and be almost like a business person. forget about as they put it values. messy obsession with the export of values. they claim started all sorts of bad things in the world. such as ukraine, arab spring, color revolutions, et cetera. russia is saying forget about that. we can work on things. especially on fighting terrorism. the minister talked about something in the news we have been reporting a couple days on this which is that suggestion by donald trump that if the united states gave up sanctions, that perhaps russia could come to terms on some type of deal to control nuclear weapons. now mr. lavrov said he did not see a connection or mr. donald trump was making a connection with the two issues, but if donald trump is interested in working on a strategic security that russia is all for it. then again, one last dig at the obama administration. he said that strategic security which was destroyed by

i raised it with lavrov, also. >> rose: they stopped it because you raised it with lavrov, the foreign minister, and the president raised it with -- >> what happened was the horses were already out of the barn. they already had invaded wikileaks and done certain things, but there was not evidence that other things grew significantly after that, but damage done. >> rose: there was a meeting between turkey and -- back to syria for a moment because we're talking about russia -- turkey, iran and russia. >> sure. >> rose: shouldn't you have been there? >> well, they'd been at the table with us. >> rose: i know, but this was not with us. you were not there. >> and the reason we were not there is because they perceived that, for certain reasons, we were unable to deliver on what we said we were going to deliver on. >> rose: that was her perception. were they right? >> we didn't deliver. >> rose: tell me, when you became secretar secretary of stt did you think you could do and why, in doing something that had been unattainable so far, to bring the palestinians and the iranians to an agreement

earlier in the day, russia's foreign minister, sergei lavrov, knocked down the suggestion that donald trump had hinted at a deal for russia to reduce its nuclear arsenal in return for the u.s. lifting sanctions imposed after the kremlin invaded and seized crimea in 2014. but, lavrov went on to say, as soon as the new administration takes office, russia is ready to talk business, which includes disarmament. the russians have adopted a very tough tone coming into the inauguration. it's a signal that if and when team trump gets to the bargaining table with russia, they'll be facing a very tough- minded adversary. >>> mentions remain between taiwan and china. the taiwan military is conducting two days of military drills. china's only aircraft carrier was keeping a close eye. relations between the two have been on edge since donald trump said the one china principle is up for negotiation. >> reporter: this island of 23 million people has been self-ruled since 1949, when china's former leaders were defeated by communist forces and fled here. but china says that taiwan is still part of china

lavrov and i negotiated a cease-fire. unfortunately, that cease-fire -- notd a period unfortunately that are required, but it required a period of calm, and five days into it, we accidentally bombed 70 syrian troops, and the russians .elieved we were not serious on the weekend, the humanitarian trucks got bombed, and the things fell apart, but it's not because we were not reading and trying to get to the watering hole, folks, but as the old saying goes, you can lead a horse to water. you cannot make it drink. ms. woodruff: you touched on just about every place i was going to ask about, so thank you. well, i have a: lot more in reserve. ms. woodruff: before we go to the audience, what are you absolutely confident most endures that this administration has done globally on the world stage, and what are you most worried about? secretary kerry: i really believe common sense is going to win out. it does not make sense -- let me give you an example -- the iran nuclear agreement. there were 19,000 centrifuges spinning, producing

charlie: they have stopped it because you raised it with lavrov?ned kerry: what is the horses were already out of the barn. they had already invaded wiki leaks. but there was not evidence that other things grew significantly after that. damage done. charlie: there was a meeting between turkey and back to syria. turkey, iran, russia. you were not there. secretary kerry: the reason we were not there is because we perceived for certain reasons we are unable to deliver on what we've said we will deliver on. charlie: were they right? secretary kerry: we didn't deliver. charlie: tell me when you became secretary of state, what did you think you could do, and why? beening something that had unattainable so far, to bring the palestinians and the iranians to an agreement supported by both? --rlie: secretary kerry: this is an issue i've lived with for 30+ years. i traveled to israel in 1986 for the first time as a young of myr, with 15 or so friends in massachusetts, and we traveled all around the country and i got to know it. that was my introduction. i lov

charlie: they have stopped it because you raised it with lavrov, the foreign minister? kerry: what happened is the horses were already out of the barn. they had already invaded wiki leaks. they had already done certain things, but there was not evidence that other things grew significantly after that. but charlie: there was a meeting -- but damage done. charlie: there was a meeting between turkey and back to syria for just a moment because we are talking about russia. turkey, iran, and russia. shouldn't you have been there? secretary kerry: they have been at the table with us. charlie: but you were not there. secretary kerry: the reason we were not there is because we -- they perceived we would not deliver on what we said we would deliver on. charlie: that was their perception. were they right? secretary kerry: we didn't deliver. charlie: tell me when you became secretary of state, what did you think you could do, and why? in doing something that had been unattainable so far, to bring the palestinians and the iranians to an agreement supported by both and supported by -

sergey lavrov suggested on russian television that the kremlin would retaliate by expelling americaniplomats. but shortly thereafter, russian president vladimir putin sending out a note saying he would not kick u.s. diplomats out of the country, instead talked about restoring russian-u.s. relations based on the policies. president-elect trump responded great move on delay by v. putin. i always knew he was very smart. so far, sources say they have found no evidence of wrongdoing. white house press secretary sean spicer said the call between flynn and the russian ambassador covered four topics. >> one was the loss of life that occurred in the plane crash that took the military fire. two was christmas and holiday greetings. and three was to talk about a conference in syria and isis. and four was to set up -- to talk about, after the inauguration, setting up a call between president putin and president trump. >> spicer said the men talked again recently about arranging that calm between the two presidents but nothing has been scheduled yet. spicer also said that he had asked flynn if he

lavrov, minister lavrov is saying, they openly agitated for clinton and demonized donald trump.fically calls out angela merkel, the german chancellor, the uk prime minister theresa may and also french president francois hollande. he says anyone who says russia was interfering is saying slanderous and groundless things, that we, russia, are just standing here on the sidelines watching all this. he also said talk about interference, president obama himself was interfering when he talked about brexit, talked against brexit. that was interference in european politics. carol? >> jill, is it interesting that russia keeps talking about this? why doesn't it let it go for a while? >> well, it is a hot subject, i have to tell you. i think they are very frustrated by the whole attack on them. they really want to criticize obama as he goes out the door, and i think really kind of close the door on obama by making these counter charges and opening the door to better relations with donald trump. it's kind of good riddance to president obama and let's try to work together with president trump.

sergei lavrov again and clearly after the golden globes, it is the one to watch —— la la land again. will. it will convert itself to the baftas. ryan gosling and emma stone are terrific stop i love the singing and dancing and costumes and all of that, but it would not work unless there was real heart to this. the performances of the two act as if something... we talk about them being... the heart of the film, it has an indie movie coolness to it, the hopes and dreams of these two people, one wants to be an actress and another a jazz pianist, and the difficulty of making that work in real life. you have got the hollywood crowd pleaser there and you have got a film like i, daniel blake. ken loach. pitched against each other. you have got la la land against i, daniel blake, gritty social realist thing. i love i, daniel blake as well, the most important british movie at the moment, political year with trump and brexit, the overrated has been actress... and brexit, the overrated has been actress. . . we and brexit, the overrated has been actress... we will talk about her in actress... we

on december 30th, russian foreign minister sergei lavrov suggested on russian television that the kremlin would retaliate by expelling american diplomats, but shortly thereafter, president vladimir putin sent out a note saying that he would not kick u.s. diplomats out of the country and instead talked about restoring russian-u.s. relations based on the policies of the trump administration. president-elect trump then responded in a tweet, "great move on delay by v. putin. i always knew he was very smart." investigators are trying to determine whether the trump team was coordinating with the russians leading up to and after the election. so far sources say they have found no evidence of wrongdoing. today white house press secretary sean spicer said the call between flynn and the russian ambassador covered four topics. >> one was the loss of life that occurred in the plane crash that took their military choir. two was christmas and holiday greetings. three was to talk about a conference in syria on isis. and four was to set up, to talk about after the inauguration setting up a call between p

sergey lavrov is the russian foreign minister.repared to seriously fight terror, not the way it‘s been until now. so a compliment for mr trump. a dig for president obama. these peace talks are aimed at consolidating a truce, are aimed at consolidating a truce, a national truce in syria, that‘s beenin a national truce in syria, that‘s been in place since the end of the year. really you have to see everything that may happen at those peace talks in the context of what happened recently in aleppo. the syrian government recaptured the parts of the city it didn‘t control. it drove the rebels out. that was a huge moment for it. our middle east editor is in aleppo. here‘s a report from what remains of the great mosque of aleppo, which you can see marked there on the map. the battle for aleppo was the most decisive of the war so far. it is syria‘s biggest city. it‘s the key to the north of the country and both sides were prepared to destroy it to possess it. the cost has been very high, in blood and in the ruin of a city that can trace it

comments from sergei lavrov saying they had mutual respect.specially with how russia was treated by the previous administration. they did layout areas where the two countries' interests align. the nuclear program and proliferation and fighting international terrorism. that is the key priority for russia going forward. they are making plans to meet in person. where and when that will happen we don't know. suddenly positive noises around the call, john. >> mutual respect may be easier to maintain if you don't bring up area where is you disagree. we will see. thank you, clare. >>> new this morning, north korea could restart a plutonium reactor. the news comes as the defense secretary james mattis prepares to visit leaders in south korea and japan next month. secretary mattis' first overseas trip is a departure from protocol. the first visit has been from top diplomats, not pentagon officials. this is a sign that north korea provocation is a priority. >>> messagy night for delta airlines. delta suffered a computer failure sunday night that halted

. >>> russia's foreign minister lavrov wants to normalize a relationship with the united states undermp. efforts with better relations with the obama administration and washington fell apart. russian aggression with ukraine and else where. let's bring in matthew chance live in moscow. normalize relations. how? when? where? matthew. >> reporter: we don't know. how many times did we hear in the trump campaign that it would be great to get along with russia. the trump administration and kremlin want to normalize relations. i got off the phone here in moscow with the phone call happening between putin and trump. it would be a few days from now. it still hasn't happened. it is still being arranged as the widely anticipated first meeting between president trump and president putin. holding out hopes on the issues between the countries with syria to sanctions and ukraine that can be settled or resolved and moved away from the center of the former cold war rivals. resets with the united states and russia have been attempt in the past and failed. president obama when he came in tried to reset

on december 30th, russian foreign minister sergei lavrov suggested on russian television that the kremlin retaliate by expelling american diplomats, but shortly thereafter, president vladimir putin sent out a note saying that he would not kick u.s. diplomats out of the country and instead talked about restoring russian-u.s. relations based on the policies of the trump administration. president-elect trump then responded in a tweet, "great move on delay by v. putin. i always knew he was very smart." investigators are trying to determine whether the trump team was coordinating with the russians leading up to and after the election. so far sources say they have found no evidence of wrongdoing. today white house press secretary sean spicer said the call between flynn and the russian ambassador covered four topics. >> one was the loss of life that occurred in the plane crash that took their military choir. two was christmas and holiday greetings. three was to talk about a conference in syria on isis. and four was to set up, to talk about after the inauguration setting up a call between preside

russian foreign minister sergei lavrov invited trump administration officials to participate.ng me, fred fleitz. good to have you with us. a couple things if we may chronologically. we begin with turkey and russia taking part in joint operations, strike operations in syria. how important, what is the importance? >> it's a stunning development. it emphasizes what most us know, which is donald trump is going to inherit quite a mess in syria that has been caused by this power vacuum due to barack obama's policies of retreat and leading from behind. a nato member is collaborating with russia to attack isis forces on the ground and to attack syrian kurds hot u.s. is back and is against the assad regime. it' quite a mess. lou: what is the reaction? what is the consequence for turkey? this is in obvious conflict with nato's long-term interest and may be in conflict with their interests as well. u.s. who has less of a role than it's had in decades in policy directions as well. what do you make of it? >> it's bad news for our relationship with turkey which was already in bad shape. and

the russian foreign minister, sergey lavrov says u.s. diplomats have engaged in espionage in russia. he welcomes donald trump's administration to the upcoming peace talks in kazakhstan. the promise of a reset in relations between russia and america provides an opportunity to investors. speaking to cnbc earlier this morning, guryev is bullish on the russian economy in the near-term. >> today we see a huge inflow of russian markets, so i believe in particular for russia, in the short period, it's interesting and will bring opportunities for future growth. that is what russia needs today. >> very important question is, is everyone as bullish about the reset of relations between the u.s. and russia and we've been talking to a number of russian executives on the ground. i want to talk to my next guest who is very active in the retail space in russia. very much dependent on the strength and the health of the consumer. that guest is dmitry kostygin, chairman of ulmart, russia's leading e-commerce economy. thank you so much for your time. what a

foreign minister sergei lavrov said he had no "naive expectations" about a "new reset button".by 0bama's administration to describe their drive for closer ties between the two countries. protesters have climbed a construction site crane a few blocks from the white house. activists from greenpeace unfurled a 70 foot banner displaying the word "resist". the demonstrators say this is an "all—encompassing message" against the new president and his policies on the environment, women and the economy. the man tipped to be donald trump's ambassador to the eu, ted malloch, says that britain could agree a "mutually beneficial" free trade deal with america in 90 days. but the eu has made it clear that britain can't negotiate free trade deals with other countries until it has left the bloc. prime minister theresa may will travel to washington later in the week. we'll speak to ted malloch tomorrow on the programme. we should know in just over a week what the full make up of the us supreme court will look like under president trump. in one of his other tweets earlier, he wrote... "i will be

the other fact is the russians responded in an atypical way, lavrov and putin himself, indicate they're going to retaliate for the expulsion of 35 diplomats, that was unusual, that very weekend. >> i agree with everything that you said. rt has been identified in the unclassified report as part of this campaign of covert manipulation of the u.s. election that's important, and it may be that the expectation on the part of the russians through this phone call that an improvement in relations was ahead, led them to forestall their retaliation. i just note that we shouldn't lose sight of the policy issue, which is real, and i think one that really deserves a full debate, in a sense, independent of the allegations. >> thanks so much, david ignatius, thanks for all of your reporting on this. the spymasters themselves are on capitol hid today briefing house members about the russian hacking. this as the fbi is coming under fire. joining me california congressman adam schiff. let's pick it up here. do you think that there is anything potentially inappropriate, something that needs further explai

>> reporter: kerry spent two years with his russian counterpart, lavrov, trying to get assad and theels to a political settlement. then, 16 months ago, russia launched heavy airstrikes in syria to shore up assad. and last month, with up to half a million dead, and a refugee crisis swamping europe, the u.s. was on the sidelines as russia and turkey negotiated a fragile cease-fire. all this conflict also generated a new threat: the islamic state. in 2013, remnants of the once- defeated al qaeda in iraq moved into ungoverned territory in syria. they declared the syrian city of raqqa as their capital, then swept back into iraq, capturing swaths of sunni territory. in january 2014, president obama dismissed isis as a "j.v. basketball team." but after isis took iraq's second largest city, mosul, and threatened iraqi kurdistan, the u.s. began air strikes. the bombing campaign soon expanded into syria. >> i can announce that america will lead a broad coalition to roll back this terrorist threat. >> reporter: he would later add u.s. special forces, trainers and some troops in iraq and syria,

the reaction from moscow, kristen, bill neely, you were at a news conference that foreign linster lavrov held today. they've moved on. they are clearly moving on from the obama world to the incoming trump world and quite a courting back and forth between trump and putin. >> reporter: yes, extraordinary allegations, andrea, from vladimir putin and extraordinary a russian president is defending an american-elect president three days before the inauguration. putin interestingly didn't use the word obama once, there's no love loss between them but he said the outgoing administration his accusations against them clearly. he said we're seeing a continued heated political struggle in washington, even though the election is over, with trump's conclusive victory, the aim of this struggle, he says, is to undermine the legitimacy of the president, to tie the president-elect's arms and legs to prevent him from realizing his promises to the american people, including improving relations between russia and the u.s. he talked about those allegations that have been circulating about trump. he said they'

. >> we see john kerry with lavrov all the time. while we are at odds with the russians we have more than 1,000 nuclear arms pointed at each other, no one talks about those. so in effect we don't really have a belligerent relationship with russia. >> we have a relationship now that's fraught with tensions and with differences, but you're entirely right and i believe it's very important that we not allow this relationship to continue in a downward spiral, that can lead to accident miscalculation and worse, because of those nuclear arsenals. neither side wants or understands it. and it's important to prevent that. we're going to have differences with russia with mr. putin. mr. trump will find that out over a period of time, but it shouldn't stand in the way of the obvious and correct things of seeing whether we can find a way to make the nuclear deterrent more stable, to lead away from accidents, buzzing ships and things like that, is not helpful and that needs to be something that we put our foot down on, just as we have on the quest

but sergey lavrov said that's not how he read trump's words. do not see any deal for the lifting of sanctions, but russia does expect to have a dialogue on nuclear disarmament. the idea he said is out of touch with reality. in an interview ruffled many political feathers. when he predicted that the european union was likely to loose more members. and singling out germany's chancellor angela merkel trump said she made a catastrophic mistake in allows so many refugees into the country. merkel's response was diplomatic. >> reporter: i think that we europeans have our destiny in our own hands she said. and added that germany would work with the new president once he's in office. president francois hollande of france pushed back harder saying europe is in no need of such advice. overall, european leaders are holding back waiting to see beyond trump's words for what he does once he takes the oath of office. in the words of the danish foreign minister, gayle, we're waitin m diplomacy to reality. >> thank you very much, elizabeth palmer reporting from

we heard earlier today from the foreign minister sergei lavrov saying mr. putin and mr. share many of the same views on geopolitics and of course the whole nomination question about rex tillerson, i had the chance to ask russian energy about that, he waited. he basically said, we welcome his appointment and think it will be good for the energy industry, guys. >> hadley gamble on that. hadley, thank you very much. when we come back, obamacare and drug pricing in the age of trump. we're going to speak with the president and ceo of pharmaceutical research and manufacturers of america. as we go to break, take a look at shares of yahoo. s.e.c. looking into whether yahoo was quick enough to tell investors about data breaches that occurred in 2013 and '14 but only revealed in the past few months. company has earnings tonight. about these levels the worst day of the year for the dow and the s&p. we're back in a minute. bimle tp >>> is the fed even more important to bank stocks than most investors think? we discussed interest rates, regulations and more with the financial policy

lavrov saying the putin-trumptalks -- talks over the weekend went well. there is no indication they really talked about sanctions. it is interesting for me that he is talking to eritrea's president. i wonder what russia and eritrea were talking about. it will be hard not to talk about the immigration ban from president trump and what that means for the future and the new world order. of next, with decisions from the fed and the boj over the week, how will central banks deal with the trump turbulence? ♪ francine: this is "bloomberg surveillance" in london. a big week for central banks with decisions from the u.s., u.k., japan, and russia. how will instability from intodent trump's play their decisions? trevor, if you are a central know how do not really to model the trump presidency at this point, i imagine. trevor: i think what you tend to do, if you take a lead from markets -- if you think about the period immediately after brexit, there was turbulence, and the fed referred to that is one of the reasons not to raise interest rates in september. at this p

foreign minister sergey lavrov says that russia has a lot in common with the new administration and lookseign-policy objectives. protested, thousands against the changes that could take place in efforts to fight corruption. they plan to decriminalize certain offenses, including abuses of office, and will also grant pardons to prisoners with jail sentences under five years. china is cracking down on golf. more than 100 courses have been closed and communist party officials have been told to stop playing in order to conserve water and land. the news agency says that the courses were charged for him probably using groundwater and that they were built on land for other purposes. global news 24 hours a day powered by more than 2600 journalists and analysts in over 120 countries. i am emma chandra. this is bloomberg. david: puerto rico is taking steps to restructure $70 billion in debt. andt down with the governor he said his administration is willing to pay what they can as they begin negotiations with creditors. >> right now we have a local moratorium law, whose aim it was not to pay it we ar