vonnie: richard greenfield of btig. mark: fantastic interview. the u.k. eu yet but already pursuing to deepen trade ties outside of the continent. liam fox was in shanghai where he spoke to bloomberg. to beis difficult to see a custom unions is compatible with how an independent state policy because we would be depended upon what the eu negotiated in terms of its trading policies and the following behind that. we have to be outside of that to take advantage of the markets. mark: liam fox speaking to bloomberg television. coming up, battle of the charts, a job state chart you do not want to miss. ♪ vonnie: breaking news, a person familiar with the situation tells bloomberg that steve w ynn's payment to a former employee was associated with a paternity claim in 2005. wynn made it secret as he did not want the allegations to be a distraction for his company according to people who asked not to be identified because it is all private information. at the time, wynn resorts had just opened a resort in las vegas and was building one in macau. no evidence that he

from santa barbara, california, to discuss them is newshour weekend special correspondent jeff greenfield. r beingou as always here so you have said that watching this russia story unfold is to you like watching the film groundhog day, where t main character keeps visiting the same day over and over again. why? >> because for nine months there's been one cenral reality, and that is, where's the power? and the four lies with the republican we talked a lot about watergate. well imagine watergate, they ran the investigations. imagine the republican party was united behind president nixon and whoever was accusing him of misconduct in his campaign wasgu ty of treason. which is a term we've heard and altenatively cable news network was hammering that news home don't believe the news media that was the central message nine months ago, six monthsgo, today. whatever mueller might find oute don't belit. as long as the be reels retain control of the congress, trurchl is i believe -- trump is invulnerable. have mengt tell us about the story we might have missed. >> the treasury department termi wants

pod long known was the code they use in a way insert greenfields soon. became sudoku to keep you and me inside i saw you nights in the winter. and come through. all dumb fleas. you can see. leave come and see in the sunlight keep me up to sandy. types will be along like if it's a piece we'll be sure the sky is not over. come slowly show pin on chimney that sarge she had me planned. out. and now i phone no i could code days in which sarah mcminn soon i'll be sued big she can't turn me inside so i denied seeing one so. come through. our own future my. mom used. sun soup to sunday a. good. move. i mean. for me to say i am leaving him so we can see. skeet means forums who you may see see me up because i needed here. broke no you need to go so. long. all these things see complained about. me. and all the fame say. make me happy and stay. with me. to. see the police again. oh. oh oh. oh. the lead in the film you can tell me now on the run the soul of the book the in. the weeks later. the excuse the wide leg of the bed feeling the books the longest we could get

she joins me now and i welcome to going underground before we go to the catastrophe that is greenfield just take us back to the general election in june when you became the representative of the richest constituency in the united kingdom things were really changing we could feed our neighborhood there are lots of different things going on one of them was a general disaffection with national government but it's far more right wing given amongst the richest people almost country living your constituents that italy i heard that from a lot of people they are very very uncomfortable with a couple of fearing more to the right and we have decent tax paying tories who didn't like the tall metal some of them would vote for me. certainly it was an issue. that was one issue but there were a whole number of things that made people uneasy with what was going on and they knew you were a backer of jeremy corker not a near liberal blairite labor absolutely and i've been i've been i have my side of politics all my life but i'm a local person i've lived there forever born and bred in the bar so lot of p

so, while there are -- there is a lot of i think acceptance and support for greenfield investment inthe united states, we do see still concerns about cross-border mna and the concernses that happened with cross-border mna come tub in the trade space in the mna space in terms of rules that sort of look at acquisitions as well as in the tax base. right? so, in any market, the predominant vehicle for cross-border investment is through mna, rather than greenfield investment. i wonder if you could speak to any of that. >> the think looking at trade relations in terms of deficits and surpluses can be extremely misleading. a few of you may have heard me tell my only trade joke, of the trade minister sent to geneva and asked to make a toast at a dinner and says i'd like to make a toast to the moment when we all have trade surpluses. nobody is laughing but there aren't any economists. er everybody is saying what's wrong with nat? we all have to be trading with mars. but i think these deficits and surpluses are more onthan not the result of macroeconomic factors than trade factor. >> can you e

greenfields. scholars on. absolutely. the pain is still tangible. the suffering for going.to see the edge but. they have survived do they also have a future. i really understand people who say they don't want to stay here. but i also admire people who want to stay here and who decided to create something keeping in peace time what needs to happen if tolerance and reconciliation are to stand a chance of darkness cities after more starting march tenth on g.w. . pheno it's a nation security council has voted unanimously to demand a thirty day ceasefire in syria. for truce would allow for a deliveries and a medical evacuations hundreds have been killed in recent days in eastern guta besieged suburb of a capital damascus. several american businesses are cutting their ties to the pro-gun lobby group for national rifle association have announced they were no longer offer discounts to n.r.a. .

so in any market, the predominant vehicle for cross-border investment is through m&a rather than greenfield investment. so wonder if you could speak, speak to any of that. >> well, if i could just go back to a point you kind of touched on, but i would like to underline it. i mean, i think looking at trade relations in terms of deficits and surpluses can be extremely misleading. a but of you may have heard me tell my only trade joke which is of the trade minister who is sent to geneva and asked to make a toast, and he stands up and say i'd like to make a toast to the moment when we all have trade surpluses. nobody's laughing. there aren't any economists. [laughter] everyone's saying, what's wrong with that? we'd all have to be trading with mars. but i think these deficits and surpluses are more not the result of macroeconomic factors than trade factors, now -- >> you explain that a little bit? >> of course . if there are, you know, if you are buying a lot from a country and you can't sell to them, hen you can say, well, that's -- the deficit is the result of unfair trading practices. and i t

joining me now from santa barbara, california is newshour weekend special correspondent jeff greenfield. >>> jeff, a couple of weeks ago we had the republican memo that wasse rel now we have the democratic memo. where does this leaveus? >> it leaves us with a partisan decide about the size of the grand canyon. what you are seeingen fundlly, is a continuing pattern on the part of republicans for laying the groundwork for saying the entire mueller investigation is biased, ismes there people with a partisan cast and not to be trusted. >> sreenivasan: this is a bit of a side show in that regard. and then as you're saying this is at its core trying to undermine the credibility of the work that mueiller's ng. >> yes, and the reason i think it is essentially a side show is the real action is what's going on with th mueller investigation just this past week or so. you have 13reductions indicted for illegally trying to muddle in the election of016, with no allegation they were involved with truu . ve rick gates the deputy campaign manager turning state's evidence if you wilinl aga paul mooferred

we have had an approach where it has been developer led greenfield first, because it has been easierld higher density residential development there. among sites identified in stalybridge, the former police station, an old pub, the pineapple inn and what was once a local shop. the plan is to turn these plots into luxury flats aimed at young professionals who can afford market prices. some are already under construction, build—to—rent apartments with a coffee shop and gym, friends—style loft living on the site of what was once an 18th—century woollen mill. jasmine and josh will be moving in this summer. it is our first home together, so... this is the perfect thing. it is brand—new, it is modern, it is a big step for us. and we are really excited. in some cases, housing associations will sell the luxury homes and use the profits for building social and affordable homes elsewhere. not everyone is convinced. i will believe it when i see it. at the end of the day, it is basically a slap in the face. i mean, on average, they want about £600 per calendar month. i am on half that. working—cl

recombine the companies that split more than a decade ago and we will speak with btig analyst richard greenfield

we've had an approach where it's been developer led greenfield first, because it's been easier for developers back to our town centres, breathe new life into them, and build higher density residential development there. among sites identified in stalybridge, the former police station, an old pub, the pineapple inn, and what was once a local shop. the plan is to turn these plots into luxury flats aimed at young professionals who can afford market prices. some are already under construction — build—to—rent apartments with a coffee shop and gym, friends—style loft living on the site of what was once an 18th—century woollen mill. the internet was big seller for us. was it? yeah, huge. jasmine and josh will be moving in this summer. it is our first home together, so... this is the perfect thing. it is brand—new, it is modern, it is a big step for us. and we are really excited. in some cases, housing associations will sell the luxury homes and use the profits for building social or affordable homes elsewhere. run of the mill mill town, hardworking people. not everyone is convinced. i will believe i

you get it from analysts like rick greenfield and others, it's a glass half full scenario.o another subject. liz: a twofer? >> a twofer. i save my best stuff for big red. liz: big red? don't call a woman big ever. >> i don't mean like that. have you big hair. liz: no! okay insert right foot but take the left one out. >> sorry! republicans are now debating the infrastructure deal, president trump's trillion dollar what he wants to do spend a trillion dollars and how they're going to pay nar and retreating to my producer bernie schwartz, that was a topic of conversation. not a lot of details disclosed on. this two things we're seeing. republicans talking about a gas tax, increase to pay for it which has been out there. and the public private partnership aspect of somehow that, you know, if you want to build something, you're a company, you can get public money to do a road or a bridge. if you can bring in private money and the more private money you get, the more the government might match. liz: so the states have to hustle. >> yes, and private contractors have to be involved

in terms of the greenfields project, we are talking about syndicating. those lessons have been learned. from our point of view we have great opportunities inside the portfolio. >> wrus finally you're leaning into some of the new trends around self driving, autonomous cars what growth and demand are you seeing from that part of the market >> we're seeing 5%, 10% growth in new electric vehicles it will take time for that to come through in the market we're profiting from the overall growth in automobile sales there is some switching out of diesels. for us long-term fuel cells, the use of platinum in those industries is very important in the short-term, we think things are good. longer term we're excited about the possibilities. >>> british american tobacco has reported higher full-year sales and profits for 2017 boosted by the acquisition of reynolds american and market share gains. they saw revenue grow 37.6% on the year to 20.2 billion pounds. adjusted organ iic revenue rose 2.9. >> bae posted an 8% rise in annual earnings supported by growing demand for

we both read robert greenfield's biography which has a negative slant on him as a person but had this one mall really intriguing chapter about this episode in tim's life and we both been around stories . there's really something more there that hasn't been told and so that's when we talked about tim and we still point said the new york public library acquired the very archives that was 600+ boxes of material. they had just been catalogued and available to researchers who were able to take advantage of that. and of course, all those nixon eight, most of them, many of them had been digitized and are available to listen to and i still remember when bill had headphones on and heard that white house take and call me up immediately to tell me what he has found because we went into this and really wanted to tell the story about the weather underground breaking him out of prison. we would see what we can find on that in his life on the land, what eldridge cleaver and the white panthers in algeria. you guys may know that the algerian government in those years did not recognize richard nixon as

lagunita to greenfield like last year and we are going to do it next year.ecutives that we talked to from electric companies to brewing companies to tobacco companies are examining the issue of whether or not they should be investing into the marijuana business. his heineken thinking about investing in the marijuana business? guest: i'm going to be clear, no. it's a situation we are looking at and we have had a number of questions with marijuana becoming legalized in a number of states in the u.s. i would say it's too early. we don't see any impact right now. we are aware of the discussions that are taking place. but definitely not. matt: you smile though a little bit as much everybody does when you mention we'd. -- weed. i don't know if that's about how you feel about the subject, but definitely the recreational use of marijuana in the u.s. is taking the steam out of the craft beer craze. is that spreading to europe or do you still see europeans drinking ipas says the cap quite yet legally i a joint -- buy a joint? guest: if you look at the craft beer evolu

joining us now to look at the impact these vacancies are having across the board is linda thomas—greenfieldrved as assistant secretary for african affairs. —— african—american affairs. thank you for coming in. seven out of ten of the top posts are filled. how damaging is that to the ability of the state department to do its job around the world ? the state department to do its job around the world? i think it sends a very strong message to our partners around the world that we are not prepared as we have been in the past to deal with the foreign policy and other challenges that our government needs to deal with. and the secretary cannot do this alone. he needs his top leaders and advisers to support him in this effort. so, do you think this is just the teething pains of trying to reform a department that some had said was bloated and had too many people in it? or is this a deliberate effort bya it? or is this a deliberate effort by a white house to undermine the presence of american diplomacy around the world ? presence of american diplomacy around the world? i think it's probably more of t

along comes bitcoin, and it opens up this greenfield where they can reinvent their own parallel capitalpertise and features they have learned and were -- wanted to the point in banking. francine: we talked about cryptocurrencies, how much -- compared to the broader financial markets, how much of a percentage is it? >> total market cap for all cryptocurrency is around $500 billion, maybe a little less. it reached a point in december or early january where it was around $700 million, $800 million. francine: is a growing? >> it was until about last week or today. it is roughly around half $1 trillion. francine: will it be regulated? >> difficult to say it will not be given the action with numerous instances of theft, and japan over the weekend and numerous instances of concerns over fraud. and you also have a lot of retail investors and households starting to put their savings into these things, that gets regulators attention. francine: we will talk about it later on. thank you, and robinson. ed robinson.on -- pick up the latest edition of bloomberg businessweek. ♪ retail. under pressure l

it's not like new, you're not like the greenfield area, it's not like you're building over new territory, untouched, pristine land, it's using current right of ways and current systems and with a focus on size. so mr. gillen, can you elaborate on the challenges of environmental and historic reviews that present for deployment and how this bill might address those? >> absolutely. thank you, mr. shimkus. thank you for leadership on this issue, i agree with everything you said. when you're talking about citing and rights of way or citing devices like this like your bills of addresses, right now that adds thousands of costs and months and months of review that we don't get back that's delaying deployment. >> let me follow up. as you follow actions going around through the states, is this similar to what some of the states are doing in this venue, in this way? >> absolutely. i think sort of the notion that we need both state and local government tighten how they do this and we need the federal government. it's going to take both for us to do this. >> mr. spalter, how important is it for commu