dismiss this past year's chaos, partisanship is politics but it's far, far bigger than that. >> he's a risingr for the democrats. >> you're what 36 now? >> yeah. >> so you would be just about the same age at jfk when he ran. >> oh, a little bit younger. >> "nightline" recently spent the day with kennedy in his direct district. >> who is going to be ready in 2020 you? >> tonight president trump blasted picking on the vulnerable citizens. >> to all of the dreamers watching. let me be absolutely clear [ speaking foreign language ]. [ cheers and applause ] you are part of our story. and we will not walk away. >> tonight in the house chamber, president trump sought to rise above being merely a reality show president. >> i am extending an open hand partsies. >> his america first message, consistent with his campaign, his tone a bit more conciliatory. >> my duty and the sacred duty of every elected official in this chamber is to defend americans, to protect their safety, families, their communities and their right to the american dream. because americans are dreamers too. >> tonight trump swung for

say what you wa nt offered a pay rise, you say what you want is a quality rather than a pay rise. reduce the pay of other men? that you are asking the bbc to reduce the pay of other memm that you are asking the bbc to reduce the pay of other men? it is a difficult question, how the bbc solves the problem. i think we all need to come together and find a solution, because the current solution, because the current solution in which the bbc perpetuates a failing page structure, at the cost of discriminating against women, it is not sustainable or acceptable. so we all, bbc women, bbc men and bbc management, have to come together and find a solution. i would also say that only management have the fa cts , say that only management have the facts, we do not have the facts, it is impossible for me to say that this is how the bbc should construct an equal, fairand this is how the bbc should construct an equal, fair and transparent pay system, because i don't have the information. but isn't that in practice what equality means? either your pay has to rise or someone else's has to fall. you

just raised guidance recently if you're looking for places that still offer value, and potentially a rising rate environment, a name like pru will get you done. >> financials. >> with an insurance tail. >> i'm going to riff off of that i'm going to be a little bit controversial, the p/e's here are not low. but take a look at the e-tail brokers, e*trade, schwab. if rates are going up, these guys make a ton of money in that environment. that's my play >> i like where bk is going. clearly if it's a market where it's expensive, people are trading and these guys have had a massive, massive run i think the p/e's are excessive.

there's been a sharp rise in the number of serious violent crimes and sex offences recorded by policeand and wales. and official figures show cases of murder and manslaughter are at their highest level in almost a decade. a separate survey based on people's experiences suggests that overall crime is continuing to fall. tom symonds has this report. behind the statistics, wasted lives. a decade after this boy first tried out the bike he had been given as a present, he became one of the four young men stabbed to death in london on new year's eve, leaving his father confronting a nightmare. you saw his body? yes. what is it like for a father to see his son dead in front of him? i was crying. he tells us front of him? i was crying. he tells us in his native portuguese he has no idea why it happened, what might have been going on in his son's life. translation: my advice brother pa rents would translation: my advice brother parents would be to talk more to your kids, try to find out, even if your kids, try to find out, even if you think they have secrets away from home. the figures set out

the other stories on bbc news at 5.00: a rise in recorded crime in england and wales and the highest of killings and murders for a decade. the prime minister condemns the men—only president's club dinner. she says it objectified the women who were there. the number of people sleeping rough on the streets in england reaches the highest level since current records began. and, after his best performance in a grand slam today, britain's kyle edmund stops at the semifinal in the australian open. it's 5:00. our main story is that president trump, at the start of his visit to the world economic forum in davos, has predicted a "tremendous increase" in trade between the uk and usa. he spoke after he held talks with theresa may and insisted that both countries were "joined at the hip" on military matters. mr trump's trade policies, and his "america first" approach , are under scrutiny at the gathering of the world's political and business elite. it's rare for a serving us president to attend the forum, and the president, who recently cancelled a visit to the uk, also rejected claims that there

eight states out of the 50 have started the year with a rise in minimum ways. —— and wage. —— minimumullish on herbert has three kids, two of which will live with her in a shelter. as a fast food worker in new york, she just got a pay raise. she is planning to move out of the shelter by february. the extra money will go towards more rent or more food, whatever i need to pay for my kids. maybe a couple of new outfits for my kid, it is that for them. americans have been praying and fighting for a raised since the end of the gst. the federal minimum wage hasn't gone up since 2009, so us states are taking the lead. the unemployment rate is

and a new day here is on the rise of. arousing speech of the golden globe spark speculation that media mogul oprah winfrey could make a run for the u.s. presidency in that state. welcome to international weather forecast now we've been seeing some pretty unsettled weather around the western side of the mediterranean and indeed is still looking pretty changeable at the moment now we've got another area of low pressure pushing in across parts of the iberian peninsula if had significant snowfall it still remains pretty cold temperatures of five in madrid on choose day house where temperatures actually not too bad for this time of the year as we head through into wednesday temperatures recovering in madrid and the rain eventually dying away central areas lot of cloud but temperatures not too bad in eastern areas maine rather chilly temps there subzero in moscow throughout the day as we head into north africa there's a lot of cloud around and quite a strong southerly wind in fact the recent dust lifted up off the sahara and car

but that could change this year as 18 states finally bring in a rise in the minimum wage. york, samira hussain reports. she has three children, two of which live at her in a shelter. a fast worker in new york, shejust live at her in a shelter. a fast worker in new york, she just got a pay raise. she is planning to move out of the shelter by february. the extra money, i guess it would go toward more rent or more food, whatever i need to pay for my kids. maybe a couple of new outfits for make it. it is betterfor them. americans have been craving and fighting for erase since the end of the global financial crisis. the federal minimum weight has not gone up federal minimum weight has not gone up since 2009. —— wage. the unemployment rate is at record lows, but wages are not going up. a conundrum even america's chief central banker, janet yellen, has been struggling to explain. generally, in a strong labour market where many firms are having difficulty finding quality workers, we would expect, just through normal demand and supply, channels to see some upward pressure on wage g

today energy shares led the way on a rise in oil prices and a strong start to the earnings season thanks to delta's better than expected results and guidance. the dow jones industriae advanced 205 points to 25,574. nasdaq added 58. and the s&p 500 was up 19, rising on seven of the first eight trading sessions of the year. >>> the world's largest retailer is handing out pay raises. walmart, which is also the nation's largest private employer, will pay workers a starting salary of $11 an hour. employees are also getting a one-time bonus of up to $1,000 depending on how long a worker has been with the company. the ceo says the new tax law is giving the company the opportunity to be more competitive globally. in a statement the company said, quote, today we are building on investments we've been making in associates in their wages and skills development, end quote. in a separate announcement, walmart is shuttering 63 of its samms clubs locations across the country. seve stores closed abruptly but others will be closed over the next few weeks. the membership warehouse store says the decision

government introducing a new budget plan for two thousand and eight that included amongst other things a rise in fuel prices and tax hikes the response from the trinity and street was one of anger and what we've seen is protests taking place in several dozen cities around the country with a result that one person has been killed and several people have been injured now it is familiar to protests happening in another country mainly what you're saying we have here are two countries with protests taking place on the street by people who are unhappy with the economic situation. the root of it is just a canard it's the problem of youth unemployment i personally haven't been able to find a job for a long time but if people have a job they don't have any problem with the government about the demands of the following suspend the twenty eighteen famine and slow return to the original prices of goods and high of one member from every poor family in short i didn't see a. rise in petrol prices this time is huge we have a lot of privilege you have to pay a lot of fines it's only acceptable that we pay for

to be paid the same amount and crucially she wasn't after a pay rise she simply wanted equal pay however her bosses at the b.b.c. instead offered her a substantial pay rise but one that was nowhere near equal pay and she says that the b.b.c. told her that quite simply the men's jobs were worth more and those two men's jobs are north america editor and middle east editor by the way so on top of this original conflict with the b.b.c. there is now another issue and that is that often news of this story broke the head of news at the b.b.c. center polite reminder to all the staff saying that because of impartiality rules no one would be able to report on the story if they had expressed a view on it but the problem is that plenty of women at the b.b.c. have treated their solidarity with carry gracey over this issue and they are now accusing the b.b.c. of trying to keep them quiet and of trying to censor them the rules of also resulted in a situation whereby effectively because of this you've got the story being. reported almost exclusively by men now the b.b.c. won't comment on the controversy

the legislation also helped fifth third report a rise in profits, which beat expectations. revenue also improved. shares of fifth third were up 15 cents. $15.32. the financial services company state street reported a drop in profit that said it was caused by structuring costs to digitally connect all of its system. they said it's well positions for growth this year. shares were up 3% to $112.18. >>> bank of america is eliminating its free checking account option that does not require account holders to maintain a minimum balance. that news has caused an uproar among some customers who have now launched an on line petition which has already garnered thousands of signatures urging the bank to trop this new account maintenance requirement. let's broaden this out and talk about the service fees banks are charging customers even as interest rates and presumably improve their profit outlook. kimberly palmer is a. >> abouting expert at nerd wallet. thank you for joining us. >> thanks for having me. >> banks started introducing these fees about a decade ago when interest rates fell

the french health minister has called for a rise in the budget for retirement homes. update, newbusiness fallout over the so-called nutella riots in france. >> the story made international headlines a supermarket shoppers in rent seen fighting over heavily discounted jars of nutella. the french finance minister is opening an investigation into the sale that salt them marked down by some 70%. france has strict regulations about, to retailers can discount goods and the promotion could count as product dumping. the agriculture minister proposing a that would cap such discounts at 34% of the wholesale cost. we will follow that one. doas long as the discounts not affect shoe sales. are we safe? >> stay away from shoes. >> thank you. -- time for the review. you are starting with donald trump's upcoming state of the union speech. speech every u.s. president gives annually to congress and the american public. maybe it is time to scrap the state of the union, that is what official argues in an article for fox news, saying, what was once a useful and much needed yearly update ha

. >> a 1% rise in bond yields will produce the largest bear market we have seen since the 1980-1981 period are we in it? >> there will be a time of the bank of japan and ecb begin tightening. that will be the time when bond yields increase. i don't see that now, unless i'm wrong on inflation. i don't believe the federal reserve will tighten before suggested. >> i don't think the bear market is starting. since 1990 we had many, many predictions but it has not happened. lisa: joining me in new york is subadra rajappa, and rachel , and coming to us from london is luke hickmore. i want to start with you, subadra. forthe selloff just begun, is this the extent of it and will people pile back in? subadra: that's a good question. i think there is still more room for bonds the selloff from here. they seem to be pricing higher over the last -- in the last few months. i think we could probably go a little higher. it depends on where the funds rate is. 3%.s still around 2% to i don't see a big upside from here. lisa: what is the threshold where people will pile back into treasury yields? they are at t

which travelled to ben a rise a few months ago back then the philippine military boasted of a long term plan to improve its patrols of the area the agriculture ministry also planned to build a reserve that will be a refuge for filipino fishermen. the benon rise was seen as a possible solution to the country's school shortages but that appears to have changed now president rodrigo to thirty says china may now lead to exploration in the year he's government says the research is purely scientific but market time experts say to tear it is apparent cozying up to china is alarming we can see that this is all part of. this had been given history its policy of friendliness stars china which you know is also getting going overboard because it's just about in every aspect of of national life not china is also logged in a dispute with the philippines and other countries over the spratleys group of islands in the south china sea its incursions in the area have raised tension with other regional countries some fear the same could happen in the been a rise it should be a neutral country that have no

ine a look at this rise have the stock downgraded. ng news and this was put into bankruptcy after the crippled stagegs and a sale in the that on theax prof sale and they will be selling westinghouse claims. >> yes. we will certainly be watching that. most of this is and these losses shares have stayed there and you trade on fixed income the board with no surprises as to where they have gone. falling andbeen tradingfixed income is a fall froms the past quarter. the last time this was around this level was in 2015 and it thisoubled and you can see anding a leg up here corporate tax reform was passed. there. of a dichotomy thing where wear are down and this is the worst fall in a long time and you can since thes the first financial and you look at that and it ise here on the pastgaining year or so. this was all negative with goldman is here in this still has not was withood as it growth not bad, but has been better. earnings here in down, you can see it is chargere talking about a of the tax reform for the we can see the tax reform take a

a huge stock effect of central bank holdings of bonds. so that, again, will be something that will prevent yields from rising meaningfully. : alright, so luke, i remember when people used to care about negative yields and debt. i remember when people used to worry this would be a problem. no one seems to care anymore, even though the amount of negative yielding debt in the world is at $9.6 trillion. yes, it's gone down a little. not that much. are you worried about this? are you buying negative yielding debt? luke: i'm not buying negative debt. i think european debt is really expensive. actually it faces a lot more problems and probably closer to a bear market than u.s. treasuries. you will see growth coming through in europe now. you are starting to see capacity come out of the system across northern europe, and even spain and italy are starting to see a lot of big improvements in the employment market. so for me, the german bund in the 50's or 60's is the wrong level. that should be 90 or 100. and that i think will end up taking a lot more attention than a trickle upwards in the u.s. 10-year to the 3% level. lisa: so you

at least one bad month or one negative month so we were really due for a pullback there some profit taking bomb yields are rising there's pressure on health care there's a number of reasons for pulling back but valuations are a little high right now and i agree with you certainly an expert and i'm not although three hundred twenty three was a little higher than i had hoped for the second day but i think the overall thrust absolutely markets go up they go down you can't just have one direction going up up up it's going to take a down jeff or you know we're going to talk a while. back on the government shutdown it ended up just being three days and two of those were on the weekend but we're going to be headed towards one again in a couple weeks here that congress has just kicked the can down the road on another government shutdown so how do you look at those the economic impact of a shutdown well the economic impact going back to the seventy's on government shutdowns mostly is benign on the markets we actually see the markets grow you know wall street and main street have a lot more common sense than the politicia

and so this all comes together these three aspects christian however would you agree are we seeing a rise in intolerance generally and particular in. i think what has really changed is the clients in germany of public discussion of private discussions a lot of things are being set that would have been impossible ten years ago fifteen years ago and this doesn't go only for anti jewish recent ones but it goes for anything that is considered different that is considered any end to german somehow . we have this growing fear sentiment of everything should stay as it is germans are one nation and they look like this and they act like this whatever comes here has to be act like this and this kind of assimilation so it goes not only against jews it goes especially against muslims white mall this is like if you need to sometimes texts of nowadays if you replace the word limb with jewish it gets really frightening to me you know we have this kind of stigmatization that always is the beginning of further development to more violent reactions towards minorities the stigmatization of my own minorities

a rise in the number of prosections collapsing because of mistakes over sharing evidence new figures nd and wales because information was incorrectly handled by police and prosecutors. good morning, it's wednesday the 24th of january. also this morning: the level of addiction to drugs like painkillers and antidepressants is to be investigated health officials, ministers describe it as a growing problem. as heavy snows in the alps leave resorts cut off, we've a special report on the measures being taken

there is also the story, a huge rise in sales from the story, a huge rise in sales from the online fashionof bricks and mortar stores are struggling at the moment. you're watching business live. you're watching business live, our top story. us president donald trump says the american economy is booming as he heads to davos and suspected to talk tough on trade as his team talks of more import tariffs to come. more on that in a moment. yes, here in davos that seems to be dominating the discussions right now. but something that people a lwa ys now. but something that people always say about this world economic forum in switzerland is, what difference does it really make? what changes in the world as a consequence of this powwow between multi billionaires, company bosses, and heads of state? well, our next guest will tell you because these two ladies met at the world economic forum quite a few years ago. they connected for the first time. they talked about their vision to try and help women who were in difficult positions around the world, and how they could bring in the finance to make that h

is snapping a two date rise. asia stock are looking mixed. regional index pullback from recent record highs. /10%euro up about 4 building on a six-day game. the aussie declining 4/10 of a percent. haidi: lots of bullish sentiment behind the aussie at the moment. let's get you caught up to date with the first word news. secretary of state rex tillerson says and intercontinental missile launched was seen by passengers on a commercial flight from differences go to hong kong. tillerson says nine other flights were in the same range. highlighting what he calls the north's recklessness. they are hosting a meeting in canada seeking further sanctions. president trump's doctor says the 71-year-old is it for duty and should remain so throughout his turn. the residentamined last week. the screenings for all timer and dementia was normal. dr. johnson says the president medicine, aterol aspirin.min, >> motor function and century system were all normal. a cognitive screening using the motor all cognitive assessment was normal. ceo is weighing a possible wak

so a rise in violent crime in germany's lower saxony region is being linked to an increase in migrants in the government study but is it really that simple takes a closer look why have reports of violent crime in one german state increased by more than ten percent in the last two years but this is exactly what a group of criminologist said seumas university of applied science sitar to find and what they established is that there is a link between the increased violent crimes in lowest sex to me and the influx of migrants but the authors say there are a number of important contributing factors the first and foremost is the age of the migrants most of men between the ages of fourteen and thirteen now generally speaking people in this age bracket are more likely to commit acts of a vine of nature than people in other age groups secondly where they come from is important migrants who come from syria iraq and afghanistan tend not to carry out the same number of violent acts as migrants for example that are coming from north africa and then third what is also relevant is the fact that there

at least one bad month or one negative month so we were really due for a pullback there some profit taking bond yields are rising there's pressure in health care as a number of reasons for pulling back but valuations are a little high right now and i agree with you you're certainly an expert and i'm not although three hundred twenty three was a little higher than i had hoped for the second day but i think the overall thrust absolutely markets go up they go down you can't just step one direction going up up up it's going to take a down jeffrey you know we're going to talk a while. back on the government shutdown it ended up just be in three days and two of those were on the weekend but we're going to be headed towards one again in a couple of weeks here that congress has just kicked the can down the road on another government shutdown so how do you look at those the economic impact of a shutdown well the economic impact going back to the seventy's on government shutdowns mostly is benign on the markets we actually see the markets grow you know wall street and main street have a lot more common sense than the poli

the original prices of goods and high of one member from every poor family these are in short see a. rise in picher prices this time is huge we have a lot of privilege you have to pay a lot of fines it's only acceptable that we pay for this government's mistakes. but we are protesting here because of high bryce's and employment we were the growth in these and we have been subjected to violence by security agents now the tunas been prime minister has said that there is no place for violence and the sentiments echo the words that were used by iran's leader what happened yesterday is a violation of the law since a state of emergency has been declared in tunisia these protests are the result of operations that aim to review social unrest we are a free nation and according to the constitution and human rights the people are absolutely free to criticize the government and even protest. this should be in such a way as to aim to improve the situation in the country we the government will definitely not tolerate some protesters who want to destroy public property will disrupt public discipline and

working class is still seeing wages at the same levels as they were in the 1980s, so not seeing a pay rise for a generation. supporters of the tax plan would say, because taxes are being cut for big corporations, it means they can put more money into investments and potentially create more jobs. what is your take on this trickle—down theory? i don't think really there is any sign that this is going to have that desired effect, and really the tax plan was not engineered in a way that it would incentivise specifically hiring or wage increases so it is equally likely that the dividends from this tax cut will go to investors and not to workers in the economy. interesting as well, the number of people invested in the stock market, those small investors, isn't as great as it used to be, is it? people seem to have stepped away, so even though we are seeing record gains commit it is only benefiting a few? it is the same polarisation we see in other effects, so if you have a good job, you have a good pension plan which is invested in the stock market so you are seeking gains, but if you are living

and so this all comes together these three aspects christian however would you agree are we seeing a rise in intolerance generally and particular in. i think what has really changed is that the clients in germany of public discussion of private discussions a lot of things are being set that would have been impossible ten years ago fifteen years ago and this doesn't go only for anti jewish resentments but it goes for anything that is considered different that is considered alien to german somehow. we have this growing fear sentiment of everything should stay as it is germans are one nation and they look like this and they act like this whoever comes here has to be act like this and to this kind of assimilation so it goes not only against jews who goes especially against muslims right now this is like if you read sometimes texts of knowledge days if you replaced word muslim with jewish it gets really frightening to me you know we have this kind of stigmatization that always is the beginning of further development to more violent reactions towards minorities the stigmatization of my own mino

mcdonald's says it is seeing a rise in customers, a sign that the one dollar menu is paying off.of domestic fast food restaurants hit almost 18% on the week. positive results show that mick donalds -- mcdonald's one dollar, two dollar, three dollar menus are resonating with more frugal customers. i like my one dollar coffee. yvonne: i do too. you have to love the dollar menu. that is it for us on daybreak asia. bloomberg markets, betty and i think about breakfast and dinner. what do you like? rishaad: i like the one dollar menu. yvonne: you can't not like it, right? rishaad: yep. he likes the finer things in life. rishaad: dollar menus. right. living on and having a look at what we have coming up in the next hour. taking a look at the relationship between america and beijing. how is the rhetoric coming out of donald trump? before davos, it was quite strident. there has been a marked change, hasn't there? how will this play out? this mean for businesses in the united states? just over 25 hours to go before the state of the union address. yvonne: it will be adjusting. will he use t

said what he said and what she is saying in so many words i think it's a lot of people are asking now why it is and has to be on the rise in germany a very big question this being much debated in germany and outside germany and i think one of the answers is that many people who have been latently mt semitic all the way through and no feeling emboldened and as they. speaking their minds they're coming out and saying what they want to say and they're being emboldened partly involved i'm sure blue mention this by the internet and hate speech on the internet the rise of h. the anti semitic hate speech and i feel that they're probably also being in bold and by the general climate the surge of far right popular sentiment across europe there are various aspects of that peter as you said in verse thanks for let us down one of them the fear that among the very very many new people that have come to this country there's a fear that there is going to be there has been a rise of anti-semitism among that population but also on the other side of the spectrum on the far right and how germany can then battle this and both of them their

whatever you want to call it we've seen in the midst of the price action for underlying bitcoin, a risen trading interest in the two fooutures trading around 4,000 contracts a day according to the cboe, front stands around 2,830 contracts. reminder, futures, one bitcoin xpoesh he exposure to one contract five bitcoins of exposure per one future, average daily volume, 823 contracts, open interest front month 642 contracts, according to data from the cme group the cme and cbo up on stocks themselves and a rise of other so-called bitcoin companies. right? check on online retailer overstock.com pivoting towards the technology of things up 32% last five days. payments processor square dabbling with bitcoin transactions, melissa. those are up 17% in that time span bouncesing back from a recent pullback. still, look at the stocks. interesting move in the whole ecosystem. back to you. >> thank you, dom. have a good weekend. >>> what do you make of the recent activity and the fact bitcoin trading closer to the -- >> that to me is interesting right? first had the bitcoin futures come out you coul

as more asian americans get involved in the political process, many wonder will this lead in a rise in racial tension? vincent, you work for a civil rights organization. it's important that people push back on bias and discrimination. >> it is, and i think the way we should understand our own identity is as a means, not an end. and so i think when we understand what it means to be treated as an other, we can maybe be more empathetic to other groups who are marginalized. and so in that way, we don't see everything as a contest for limited resources, but how we need to work together to make sure that everyone has a fair shot, i think that's the way to address some of these questions around, you know, any potential downsides of diversity, including tension between different groups. >> vincent, are you hearing more reports of people becoming more hateful toward others? >> well, i think we look at it nationally. we've seen a huge uptick in the attention in the amount of support groups that identify as either white nationalists and white supremacist groups. i think that when you have a place

the sprawling business empire of the revolutionary guards dominates the service industry there's a rising number of people looking for work unemployment officially stands at around twelve and a half percent but in some parts of the country it's over fifty percent analysts say that the historic nuclear deal they go see it in twenty fifteen has failed to deliver prosperity and the protests fueled by anger at the cost of living and widespread corruption. well joining us now from vienna via skype is dr peter encounter pour began is an economist and managing partner at international a vienna based international strategic consulting firm good to have you with us on the program sir so as as we heard there the largest street protests in years in iran of the high prices and economic hardship as far as you're concerned what are the main economic drivers of this discontent obviously you can look at a number of economic phenomena in iran i mean high prices were mentioned but also on unemployment is a key factor. what i would also like to highlight is what economists refer to as under-employment iran

medical goods prices rose, but that is indicating a rising economy. ing it is a less cyclical indicator. services are recovering. -- sorry, wrong one. 146. here we have the services numbers, inflation is a big drop in .17, starting to recover, flattening out, year-over-year still in negative territory. bloomberg economics is writing about the report, saying the core cpi surprise, they think it is a surprise this year, rising lowflation.rald but strong retail sales they think are solved. 10.58.ure was up to the, the odds -- excuse me, march rate hike increased substantially, showing the odds of a march hike are up to 88%. before the report, they were down around 74%. the two-year note got hammered, rising above 2%. we've not seen a 2-year note above 2% for a while. betty: what does this mean, as we have been debating about, for fed policy? kathleen: inflation conundrum. we have the president of the philly fed saying he still sees to rate hikes, cautious on inflation and things that will eventually rise, that for 2018, unlike the fed consensus, he thinks