despite what mr bond says, the cladding system should have been tested.legal that it wasn't. welcome to paradise. this is the place i recently got. on our right—hand side is a kitchen. i'm expecting my builders to come here to help me, so this is the first stuff in my fridge, for good luck. luca hasjust picked up the keys to his new flat. it is a chance for a fresh start. we are in the middle of the flooring at the moment. so, i'm trying to make this space feel like home. that's why i am doing some work and some adjustments. it will be a house—warming party. lots of my friends, lots of my new friends from the community side. my family from grenfell tower. we're not friends anymore, we are family now. so, it will be something to remember, hopefully. there's no plan to start a new life. itjust happens. unplanned, unpredicted. but... this one is going to be a lucky one, this time. maria has just returned from a memorial service for her brother in egypt. her mum was not able to make the trip. maria has brought back messages from their family. please, please.

mr. hughes: as a liaison from the committee to this bond, i met with mr. thomas and his staff on april 16 of this year. and without belaboring this too much, i'll just run through some of the things that we touched on at that time. on road repaving and street safety bond -- first of all i want to preface it with you have either reached the goals that were set out at the time of the ballot measure or exceeded on those complete. and those that are pending, are pending completion are very close to the original anticipated goals that were met. so on road repaving the street savings bond, you were at 95% of the goals had been reached as of that time. and it is currently projected that you will meet or exceed the original goals set out at the time of passage. so, thank you. and to your staff. outstanding. on the pci, the metropolitan transportation commission's revised pci scores, there was a change in the way that was determined. and that resulted in a new score. and we understand that the old score was 69. the revised score for the city is a 75. and if i under

buy aan: would you century bond from argentina now they repriced? mr. buchanan: is relative value. ght now, now we are not buying them. we are buying local currency bonds. yield and you get paid for the risk. recognize that there is volatility there. i think there's a price for most assets and right there with a century bond we haven't had any recently. i adequately , lastsated for the risk year we weren't, are we now? mr. rusnak: emerging-market debt is backed up to 360, 370 spreads. when you come back down and you're looking at yields roughly at the 6.5% range which you haven't seen since the 16. we think overall there are good areas of opportunity into michael's points, its pockets. yet to be very selective. jonathan: are you looking at credit sectors or regions? moore regions. we have switched a little bit more favorable to latin america and also to asia right now. i think you have to look at each country individually. every country is undergoing its own idiosyncratic story whether it be elections or sanctions. i don't think you can look at the block of in and just allocated to

mr. pete bonds who is our direct her of political correctness. if you see him, speak up. spin thank you very much. i appreciate it. [applause] thank you. >> good morning mr. president distinguished guests, ladies and gentlemen. it is with both gratitude and humility that i join you here in the largest event of the year that texas and southwestern cattle raisers convention. let me say at the outset i love this day. i only drink cold milk and i hate fake meat as much as i hate fake news so am i in good company? [applause] as all of you can clearly tell from my accent i hail from south texas. i wasn't born here but i certainly did come as quickly as i possibly could. when i emigrated to the united states from australia given my career when it came to where to live there were really only three options, new york city, washington d.c. or texas. to use our presidents terminology the first is a s hole second a swamp and third of paradise so that was one of the easiest decisions i've ever had to make. the truth is i was always a texan trapped inside of an australian body because te

mr. pete bonds, who is our director of political incorrectness, and so if you see him speak up, then you -- >> thank you very minute. much appreciate it. thank you. >> good morning. mr. president. board members, the distinguished guests. ladies and gentlemen. it is with both gratitude and humility that i join you here at the largest averaging event of the year, the texas and southwestern cattle raisers convention. let me say at the outset, i love steak, i only drink whole milk and i hate fake meat as muff is hate fake news so i am in good company. as all of you can very clearly tell from my accent, i hail from south texas. very deep south, southwest, texas. i wasn't born here but i certainly did come as quickly as i possibly could. when i immigranted -- immigrated the the united states from australia, given my career, when it came to where to live, there were really only three options. new york city, washington, dc, or texas. to use our president's terminology, the first is a s-hole. the second, a swamp, and texas, a paradise. so that was one of the easiest decisions i've ever had to make

next week. >> what are the bond conditions? >> mr. weinstein has always maintained that any sexual activity he engaged in was consensual. he has vehemently denied any of the allegations, which suggest that he engaged in nonconsensual sexual activity. many of these allegations are long overdue, quite frankly, having been made about events that are alleged to have occurred many years ago. they were not reported to the police at the time these events occurred and i anticipate the women who made these allegations, when subjected to cross examination, in the event we even get that far, that the charges will not be believed by 12 people, assuming we get 12 fair people who are not consumed by the movement that seems to have overtaken this case. >> what are the details of the bail conditions? and is he wearing an ankle bracelet? >> i think the details of the bail conditions were discussed in open court. i really don't want to revisit them now. he has met them. we deposited the million dollars of cash bail that was required by the court, and

bond sales this week. mr.urvis, if you are throwing -- if you are argentina and you are throwing rates up to 40%, some people might argue -- what do you need to do to get this done? >> argentina is a specific case. in this whole em discussion, there is a lot of specifics. it brings back the days when the cost of equity was cheaper than the cost of debt. there has been a strong dollar higher rate story in the u.s. i think the argentina story is very specific to argentina. jonathan: there are some idiosyncratic reasons as to why argentina is getting absolutely slapped around, and turkey is as well. there is some string that aligns these two things, central-bank credibility. there almost is none among investors for their ability to contain inflation. is that the similarity? >> turkey has a loose monetary situation and a fiscal condition that is not constructive. both of those things, you will get a little bit of old-fashioned em central bank and em fiscal credibility issues converging. jonathan: more broadly for

if my recollection is not correct, in the galveston bay, and because he could post $100,000 plus bond, mr. speaker, he was released. put that on any poor person. and we'd be aghast at even how this person got bond set but he did. and ultimately was acquitted in that case. i still shake in my boots. the issue is, there's more to this than giving names and putting in a database in d.o.j. for persons who may never commit another offense in life. money bail contributes again to the unnecessary detention of many low-risk pretrial defendants. inappropriate release of high-risk defendants who have financial means, as i just indicated, the person that decapitated someone's head, unwarranted financial burdens on low-income communities and the gamble of placing public safety in the hands of a bail bonding industry that always will profit before the public good is a real point to the unfairness of the money bail. but yet you would deny funds to little small towns who were doing pretrial release or counties, big counties and cities, who are trying to do their best, but they need these federal funds.

the fact that he has this bonding attitude toward mr. clear in terms of playing to mr. trum mr. trump's interest in being flattered. also, mr. trump, for whatever reason, is intimidated by mr. putin, afraid of what he could do, or what might come out. >> sean: here with reaction, the host of crt fees, her own show, of course, michelle malkin come by the way, award-winning and retire cia officer, daniel hoffman. because this is about to brennan, i i know more people t worked in your line of work that think he is the absolute worst director we've ever had. and this display of politics, whatever involvement we see coming, lying under oath like clapper, people have had it, that i know, fbi intelligence and of course law enforcement. speak of his tweets today read like a partisan politician, not a nonpartisan retired former director of cia. i would just highlight the contrast between brennan's tweets enters unfounded allegations about the president, speculation that vladimir putin could blackmailad president tru. contrast that with president

bond. open up for any questions that you guys might have. >> thank you. mr. larkin, you want to make comments? >> well, we had a liaison meeting, fred and i did regarding this bond last wednesday, the 28th of march, and rather than me reporting on that, first, are there any other general questions from any other commissioners? you can go first, robert. >> yeah, ok, i have a few. start by the last schedule you showed, the second issuance, spending projections. >> yep. >> if i may have this incorrect, you can correct me, but the first bond was 67.6 million and it's been three years since you had those funds and we don't have financial reports -- >> excuse me, commissioner. chair, at this time we do have a quorum so we can begin our meeting. >> ok. so, let's begin our meeting. shall we continue the rest of this presentation and then go back to other items that we have skipped? yes. continue on with this item. >> this meeting is called to order, call roll. [roll call taken] we have five members present. >> ok. so just to address your question, sounds like -- >> i

bond. he's out of jail, but under gps monitoring. >> mr. weinstein will enter a plea of not guilty. mr. weinstein has always maintained that any sexual activity he engaged in was consensual. >> reporter: weinstein's attorney, benjamin brafman, says he'll file a motion to dismiss charges against his client, saying there's not enough evidence. >> mr. weinstein did not invent the casting couch in hollywood. and to the extent there is bad behavior in that industry, that is not what this is about. >> it's absurd. casting couch. that's a nice little euphemism for, the boss is going to rape you. >> reporter: mcgowan says weinstein raped her 21 years ago. earlier this year, she sat down with our own juju chang, sharing her story. >> what was your impressn when you first met? >> i thought he was a wart hog from hell. i thought he was terrifying looking. >> reporter: mcgowan says the assault happened during a business meeting in his hotel suite. the then 23-year-old said the initial meeting went well but as she was leaving she says weinstein pushed her into the bathroom, took her clothes off, and

mr. carlson: one, on the summary report, it's quite watered down from last report. and did not include the fact that these are the 2015 affordable housing bonds. and as of what date? i would appreciate on future reports go back, so it's a little more. >> sorry about that. >> mr. carlson: and i really appreciate the detailed report. there is a lot of great information in that. on page 27 of that report, the total number of affordable units that are projected to be created is a 1388. and in the last report it was 1785. so somewhere along the line we lost about 400 units. it looks like about 250 are in the low-income housing that may be from switching from laguna honda to the other two. but the middle income housing that dropped by 170 units and i didn't see discussion of that. maybe you could comment on that. >> there was a loss of units projected in the low-income housing unit because of the reallocation of funds. also because of rising costs, we have been able -- we have had to spend more on a per-unit basis for projects. also, the same is true of the middle income housing. we projected, even a year ago, we projected a certain per-unit subsid

bond sales this week. joining me from a table is michael purvis. mr.s, if you are throwing rates up to 40% in argentina what do you need to do to get , this done? 40%. >> argentina is a pretty specific case in this whole em discussion, and there is a lot a specific. it brings back the days when the cost of equity was 3% the cost of debt. but look, i think, you know, there has been a strong dollar higher rate story in the u.s. i think the argentina story is very specific to argentina. jonathan: there are some idiosyncratic reasons as to why argentina is being slapped around. in turkey as well. where there is some kind of string that aligns these two things, central-bank credibility. there almost is none among investors about their ability to really contain inflation. you can see that in turkey and in argentina. is that the similarity? >> turkey has got a pretty loose monetary situation, and the fiscal condition that it's really not very constructive for them. i think, you know, both of those things, yeah, you will get a little bit of old-fashioned em ce

mr. tonnisson who is the committee member responsible for oversee of this bond did meet with staff members from recs and parks, however due to an accident, he broke his ankle, he sends his regrets that he will not be here to give his report. so mr. hughes, please proceed. >> umm, so, yslais creek is held up due to a puc facility and the 3rd street bridge, and i understand that. >> yes. >> and so 1.5 million is going to go to herron head park. when yslais creek is no longer held up by the puc or whatever facility it is, does the 1.5 milli 1.5 million magically reappear? what happens to yslais creek park. >> >> we're hoping we can fund that with 2019 bonds, and we're hoping we've done further due diligence on the feasibility of the project as well. >> any other questions? >> thank you. i have one other question about park facilities for children who have handicaps or disabilities, there are some places around the country that do excellent work where kids have an opportunity to play and enjoy a park, whether they're -- have visual problems, vision problems or whether they're mobility problems

bond market talk. by the chief u.s. rates strategist. 4% yields possible and when? it on think mr. t the head when he said there is a probability distribution around what might happen if we have accelerating growth and the fed stays easy. you could get potentially higher bond yields. that is not our base case, but it is a possibility. then you have another camp. when you look at what the folks at pimco are saying, for example, they are thinking 10 year yields will probably stay where they are. look at things like two-year notes and will two-year note yields rise a whole lot more especially with the fed getting more hawkish with higher inflation? do your treasury yield forecast suggest will happen to the curve? will it flatten further? flattening is more likely to happen than anything else. we are not convinced we will see 10-year5% on treasuries, but with the fed continuing to hike the curve will continue to flatten. two-year versus the 10-year, another 30 basis points a flattening over the course of this year and getting to zero year. that is the environment where you can see the t

democratically elected prime minister, he was rushed out because of crisis, the number on bonds and the cost of borrowing. do you think mr. mattarella's action foil the democratic will as mr. salvini and mr. dimaio have suggested >> this is a good question i don't think we have an answer that's easy to give. i remember when berlusconi was in the government back in 2011 that was totally different we had pressure from the markets for mr. berlusconi to resign my experience as a politician, as an mp is that the thing was that berlusconi was defending too much the national interest of italy and was being strong at the european level we don't have this snacenario right now. berlusconi has never been anti-european politician never. never said we should go out of the euro he said we should change something because otherwise some countries like italy will be too much penalized with respect to others that's perfectly true. what's happened today is different. it's the first time in the western democracy where two populist parties are trying to be aligned together and set up a government this is something that never happened before.

dragging the bond yields up as well. this is bloomberg. ♪ ♪ mr. elliot, what's your wifi password?s ordinary. basic. do i look basic? nope! which is why i have xfinity xfi. it's super fast and you can control every device in the house. hey! let's basement. [ grunting ] and thanks to these xfi pods, the signal reaches down here too. so sophie, i have an xfi password. and it's "daditude". simple. easy. awesome. xfinity. the future of awesome. nejra: from bloomberg's european headquarters in london, i'm nejra cehic. equities finishing up in european trading. let's look at the in action. the stoxx 600 treading water despite weakness in global equities. you can see a mixed picture across asset. in affects it's a strong dollar story and we are looking at that -- in fx, it's a strong dollar story. -- went weaker on the german gdp data, it has been extending losses on the stronger dollar. sterling trades up 4/10 of 1%. seems moving higher, they to be tracking what's happening with the 10 year treasury yields. brent crude has been seeing some gains in the session. let's see what's happening

bond yields the climbing. wti above $70. we are talking to mr. varoufakis in a moment. greek's biggest banks emerging unscathed from -- the national bank of greece, also, surviving the test adverse scenario, which pitted them against a fresh recession. almost 20 billion euros of funds set aside to shore up lenders is now free for other purposes. bankis the ftse asset index, a measure of greece's biggest banks. on the eighth anniversary -- anniversary of the bailout, luck, is trying its raising money on its own in the future. august 20 is the exit day. a lot of uncertainty still surrounding how easily athens can return to normalcy. a big question is will greece get debt relief? the euro area has agreed see's the terms greece faces on some of its -- has agreed to knees the terms greece -- agreed to ease the terms greece faces. debt ratio far exceeds the euro area average. very quickly, the quiet -- the final chart is e.m. earnings. analyst expectations for emerging-market equity earnings peaking a month ago before its pre-week selloff, which deepened last week amid renewe

bond conditions. >> did you maintain his relationship was consensual? >> mr. weinstein has always maintained that any sexual activity he engaged in was consensual. he has vehemently denied any of the allegations which suggest that he engaged in nonconsensual sexual activity. many of these allegations are long overdue, quite frankly, having been made about events that are alleged to have occurred many years ago. they were not reported to the police at the time these events occurred and i anticipate that the women who have made these allegations when subjected to cross-examination in the event we even get that far that the charges will not be believed by 12 people, assuming we get 12 fair people who are not consumed by the movement that seems to have overtaken this case. >> what are the details of the bail conditions and is he wearing an ankle bracelet? >> i think the details of the bail conditions were discussed in open court. i really don't want to revisit them now. he has met them, we deposited the million dollars of cash bail that was required by the court a

bond we have. sincerely,ed to say, that we are with you. utah has been praying for you and so happy that you're coming home. utah wants to thank you, mr. president, for making this happen. we would not be able to do this without you. here, we all worked together to make this happen. you do not know us, but we know you very well joshua, and we welcome you home. trump: thank you very much. every time i saw you i would say do not mention the name joshua, we are working on it. we really had a great team. great job. that weant to mention are doing very well in terms of the summit with north korea. it looks like it is going along very well. as you know, there are meetings going on as we speak in a certain location which i will not name. i think there is a lot of good will. i think people want to see if we can get the meeting and get something done. if we can be successful in the denuclearization of the korean peninsula. great thing for north korea, south korea, japan, the world, the united states, china. a lot of people are working on it. it is moving along very nicely. we are looking at june 12 in singapore. that has not changed. it is movi

mr. richard kiel who played the fellow jaws in the old timey james bond movies. >> jimmy: "the spy who loved, that -- two people say i look like most often. >> jimmy: i don't think so. >> well, that's very sweet of you. [ light laughter ] but this guy -- >> jimmy: you're bleeding. [ laughter ] >> oh, god, jimmy, what are you wearing? >> jimmy: nothing, it's just my hands are so polished. >> yeah. >> jimmy: [ indiscernible ] >> he used to scare the crap out of me when i was a kid. >> jimmy: you could -- no. but i mean, i could see you as the next james bond villain. that would be fun. >> you know who would be a good bond villain? is my cat. [ light laughter ] i have a cat name puce. i believe puce is the french word for dumb because he has these huge claws and he has thumbs, polydactyl, hemingway cat, farmers cat, call it what you will. [ light laughter ] but he had these huge mitts, so i was thinking maybe the combination -- [ laughter ] do i amuse you? [ laughter ] >> jimmy: no, no. you do, actually. you really do. >> the combination of my cat with my voice, i think could make the most dist

principal that would be so different from baker which no state shall issue a bond i think that is the same but that is what mr. olson suggested that the idea that there is this preemption provision and even he seems to believe if congress regulated the field there would be no problem. >> but this goes to the prerogatives of the state to function their own government if you say you can go so far to regulate what level of income tax they can charge. >> you are right mr. chief justice i should say i don't think it would be a commandeering problem there could be other federalism problems if congress tells the state to move the state capital i am not sure that is a commandeering problem but may be national league of cities problem but. >> you can imagine a situation where it is the same type of commandeering if they want to reduce expenditures on public employee pensions it tells the state you cannot spend more than 20% of your budget on state employee pensions commandeering the state to achieve that result can they do that? >> again i don't think that is a commandeering problem i think it is probably estate and c

bond era. almost four years into his presidency though another revolution shook ukraine unfortunately this war was anything but peaceful. mr yanukovych which i'm an american i'm an outsider to the situation and it's very complicated but i would like as a as a filmmaker just to jump into the action and go to those moments in november two thousand and thirteen you're president of the ukraine you've been president for three years at this point the country is in bad economic shape very bad you have a trade agreement with russia and now you are seeking to make a better agreement with the e.u. with the european union and you are negotiating can you bring me to that moment and what you're thinking just sitting at the bill which institutionally peter with what i mean the. probably i'm would be pleased to to put in nots them but them will not. drop out of the euro. numbers not on the one who we fund. not but it is written you would got them we really put a hoarder. numb but it lol knew pretty your dentist when he entered his training this is not shit in there but. very full blown the silliness clears you see we're now in that on th

bond era. almost four years into his presidency though another revolution shook ukraine unfortunately this one was anything but peaceful. night. mr yanukovych which i'm an american i'm an outsider to the situation and it's very complicated but i would like as a as a filmmaker just to jump into the action and go to those moments in november two thousand and thirteen you're president of the ukraine you've been president for three years at this point the country is in bad economic shape very bad you have a trade agreement with russia and now you are seeking to make a better agreement with the e.u. with the european union and you are negotiating can you bring me to that moment and what you're thinking just sitting at the bill or translucent video for the media. in the. probably i'm would be pleased to treat that in the. but the more will not. drop out of your previous film numbers not only were nuclear phone. not old naval lieutenant one not but it is written you would. villepin to have order number but it loud you pretty you had then asked why didn't that issue in the snatch it in there by the. very phone glenna cillian it please yo

bond era. almost four years into his presidency though another revolution shook ukraine unfortunately this one was anything but peaceful. night. mr yanukovych which i'm an american i'm an outsider to the situation and it's very complicated but i would like as a as a filmmaker just to jump into the action and go to those moments in november two thousand and thirteen you're president of the ukraine you've been president for three years at this point the country is in bad economic shape very bad you have a trade agreement with russia and now you are seeking to make a better agreement with the e.u. with the european union and you are negotiating can you bring me to that moment and what you're thinking just sitting at the bill people put him in the local area near enough. but i believe him would be pleased to treat that in the. but then will not . drop out of kyoto produced a shit too early and then there's no one who to fund the old naval lieutenant one not but it is really new who would guard them with villepin to have order number but it loud you put a human we had then us that is treated this is not shit in there by the. very folk

bond era. almost four years into his presidency though another revolution shook ukraine unfortunately this one was anything but peaceful. not. mr yanukovych which i'm an american i'm an outsider to the situation and it's very complicated but i would like as a as a filmmaker just to jump into the action and go to those moments in november two thousand and thirteen you're president of the ukraine you've been president for three years at this point the country is in bad economic shape very bad you have a trade agreement with russia and now you are seeking to make a better agreement with the e.u. with the european union and you are negotiating can you bring me to that moment and what you're thinking just sitting at the bill which institutionally p.t.o. put him in the local uni. but i believe him would be pleased to treat that in knots them but them will not. drop out of cuba because there's a shit too early in numbers no one who we fought. nepotism and you would got them we really put a hoarder. numb but it lol knew pretty human we had then the first variant that is showing the snatch it in there but not yet. very full blown the si

bond. and 02 apologise after racist hate mail was sent out by them. the british muslim family received letters addressed to "mreek, we'll talk to one teenager who was so anxious about her exams, some of her hair fell out. we'll talk about the best techniques to cope with the pressure.

mr. holtsman's suggestion that perhaps the c.c.a. communities could all characterize it as co found the bonding responsibility, is one of the things that kind of goes hand and hand of the shift of provider of last resort going to the c.c.a. community as opposed to the investors-owned utility. those conversations are happening and more informal workshops at the california p.u.c. and at legislature, as opposed in an active proceeding where a decision is expected. more what the california p.u.c. has had and legislative hearings, these things have come up. >> keep us posted. >> you bet. >> thank you. >> any other public comment on this item? next item. >> that would conclude my report. >> dave on the general manager's report. generally not specifically on cca. last week i attended the committee on information technology meeting here at city hall, and one of the items that was discussed and approved was i think about 22 million for the customer care and billing system extending that to retail electric customers not cca customers but the municipal direct and redevelopment area customers of which we have roughly 3,000, i believe. hopefully ma

up, oksana aronov $25 billion 10 year auction today as well as our peripheral bonds a buy in europe? this is bloomberg. ♪ mrwhat's your wifi password? wifi? wifi's ordinary. basic. do i look basic? nope! which is why i have xfinity xfi. it's super fast and you can control every device in the house. hey! let's basement. [ grunting ] and thanks to these xfi pods, the signal reaches down here too. so sophie, i have an xfi password. and it's "daditude". simple. easy. awesome. xfinity. the future of awesome. ♪ alix: walmart's largest deal ever. the retail giant agrees to buy a stake in flip cart, the biggest online retailer, to take the fight to amazon. of the iranls out nuclear deal, raising the possibility of new sanctions hitting and oil three-year high. treasury is set to issue its most ten-year debt and years. the deal is already over the 3% level. david: welcome to "bloomberg daybreak." it is wednesday, may 9. i'm david westin right here with alix steel. it's really market interesting because we have a relief rally in equities, but the story will be at 1:00 with that bond market auction. $25 billion and we

bond. in the current ordinance before you, there is a proposed question for the geobond. >> supervisor cohen: right. >> mr. givner: because the state law might change, our recommendation today is that you can pass out the ordinance onto the full board, and the ordinance -- and the board could even vote to place the ordinance on the ballot over the next several weeks. but before you do that, we recommend you duplicate the file and amend the duplicated file so that you keep a version of the question in committee, so that in july, once we have a better sense of where state law's going, the committee might need to take up the -- the question ordinance again and tweak the language of the question and then, the board would change the question by the end of july. >> supervisor cohen: will we then know about the state rule? when will we know about the state rule? >> mr. givner: we're talking to the state lobbyists about exactly when we'll know. if -- if there is no resolution by july, no change in the state law, then, we will advise the board to -- to amend the question. the question currently in this ordinance i

mr. memani: i think it was more about positioning than anything else. if you were a bondr, the easiest trading had the last kid of years was too short the two-year note. i think it got positioned to a particular level and assume is the fed indicated it may not be just one way forever, i think people started taking profits. italy just happened to come at the right time from that standpoint. peoplethe suggestion was were not making prices. the banks were not making prices. i mean in europe in particular. italian bond markets were not tradable for an extended period of time. from that point, that's from that standpoint, it was very scary. we kind of worry about that a great deal, but as far as u.s. rates are concerned, i think it's not just italy but also the fact the fed is transmitting that they can let inflation run a little higher than they had indicated before. you had a question, and i interrupted you. be: tomorrow, is it going to another one of these 180, 2.6, 3.9 things? second quarter gdp is running a lot harder than first quarter gdp. if you were going to a sign pr

but the signal in the bond market, you do not read the kind of message that you used to. mr. bullard: people say "this time is different congo and is something good signal ever since the 1950's about what is going on -- is different. ." a goodis signal ever since the 1950's about what is going on. the other good feature is if the fed reverses the yield curve, to me, that is an unnecessary thing to do at this juncture. we do not have the problems we had in the 1970's or early 1980's. you do not really need to press that hard in this situation, as we might have in the past. >> let's move on to another one of your cautions. we can rank them in order of importance. mr. bullard: [laughs] >> but inflation expectations, you note that market-based expectation, first of all, ateause of the fed r hike, not causing it, and secondly, they are still below 2%. why is that such a concern? mr. bullard: i like the market-based measures, because they are giving you a daily signal that one of markets are thinking. cpi-based, see you have to adjust into a pe base. if you do that, they are still

mr weinstein used his position and power to violate young women. his lawyer says he intends to plead not guilty. he's been released on a $1 million bail bond.der kimjong—un might take place next month after all. the us president had announced the meeting was off because of what he called "the open hostility" shown by north korea. now on bbc news, it's time for click.

mr weinstein used his position and power to violate young women. his lawyer says he intends to plead not guilty. he's been released on a one million dollar bail bondt talks. in his latest tweet he said the meeting with kimjong—un might take place next month after all. the summit had been called off because of what he called the open hostility shown by north korea. now on bbc news: the week in parliament.

mr weinstein used his position and power to violate young women. his lawyer says he intends to plead not guilty. he's been released on a one million dollar bail bondesident trump says he's having very productive talks with north korea to reinstate the summit talks. in his latest tweet he said the meeting with kimjong—un might take place next month after all. the summit had been called off because of what he called the open hostility shown by north korea. now on bbc news: the week in parliament. hello and welcome to the week in parliament, where after more tough talk on brexit — a conservative mp cuts to the chase. how are the european union negotiations going? as mps debate how to tackle knife and gun violence — a minister points the finger at the uk's growing drugs habit. united kingdom is fast becoming the biggest consumer of cocaine in europe. after yet more appointments to the lords and a row over cutting the size of the commons, i've been talking to two experts on how we ended up with such a super—sized parliament. and is it time to ban puppy sales via pet shops and dealers? poor hygiene standards throughout the chain frequently mean puppies

bond markets, -- may not be appointed. that is the latest from italy. we just spoke to mr. this, italy should be responsible with their policies. sending out new guidelines reaffirming the debt to deficit ratios. the message to italy is continue with prudent policies. we shouldn't jump to conclusions about italy. italy must address the bottlenecks of growth -- that. interview wem the did. we are seeing a little more pressure, it will be the spread between the btp and german counterpart. a rise of 23 pips for the bones. -- bunds. this spread is one we will focus on most readily. in the bond market in the u.s., better bid there. the turkish lira getting paste at record lows. the emerging-market angst is permeating. the you buy u.s. treasuries, yen? auctionn the midst of was -- bid to cover ratio in line with auctions, but the yield the market was offered was the highest in quite a number of years, the highest since 2008. getting these options away is the critical point. btp is under pressure. juliette saly has your first word news. searche: in italy, the for the country's nex

mr. weinstein vigorously denies that. >> so weinstein left a wile ago and he put up a $1 million bond, writing out a check.left with a personal g.p.s. device on his body. he will be monitored. he has to stay within new york and connecticut. he surrendered his passport and he has until next wednesday to decide if he wants to testify before the grand jury. that is an investigation that is still ongoing. obviously there are more women who have accused him. the police here and the d.a. looking into those charges. melissa? >> melissa: laura, thank you. president trump set to meet with secretary of state mike pompeo at the white house in less than an hour. after saying the canceled summit with north korea could still happen. our power panel weighs in. that's next. managing blood sugar is not a marathon. it's a series of smart choices. and when you replace one meal or snack a day with glucerna made with carbsteady to help minimize blood sugar spikes you can really feel it. glucerna. everyday progress. is better than any other mattress i've ever tried. experience the most highly recommended bed in america for your

mr. salvini responded don't stick your noses in our businesses you were talking about the reaction in markets, italian assets underperform, italian bonds underperforming, but a lot of focus has been on italian banks. up until now that's been a positive story for the eurozone. i had a chance to speak to the dutch finance minister, i asked whether or not we'll see any positive results when it comes to the banking union, also whether or not the italian government's measures to repeal some reforms would derail some italian bank deleveraging. let's listen >> we'll have the meeting in the next couple of hours, if you want me to comment what seems to be on the table, from a risk perspective, that looks good i'm satisfied with what's on the table. >> italian banks have some of the largest nonperforming loans in the eurozone. are you concerned with the new italian government could derail those efforts and derail the process of further integration in the banking union >> just to be clear, this is a first step on the banking union. the whole discussion on mpls is a discussion we'll have later on, that's not on the agenda now. as for the italian g

mr weinstein used his position and power to violate young women. his lawyer says he intends to plead not guilty. he's been released on a $1 million bail bond. president trump has suggested that the cancelled summit with north korean leader kimjong—un might take place next month after all. the us president had announced the meeting was off because of what he called "the open hostility" shown by north korea. now on bbc news, it's time for click. this week — we are striking a pose. finding the fruit. and how are you feeling today? what is happening? i am putting emt sensors on your trapezoids. on my trapezoids? yes. me, i'm a little embarrassed due to the nature of the outfits. of course it is bright green. this makeshift motion capture suit is going to measure my emotions. at university college london researchers believe it is queuesin london researchers believe it is queues in your body that give away your emotional state. using multiple sensors, your emotional state. using multiple sensors, this bodysuit measures my movements, energy and posture, all strong indicators of how we are feeling. what? the work here at ucl aims to detect stress i