newspaper called the guardian and they're called that's the left wing of the right wing is the telegraph well look out this is their own sentence written in this article about lloyds this report released by a kaiser report regular neil mitchell this is shows you the difference between the likes of kaiser report and the guardian here's their assessment the publication of this report comes at a sensitive time for lloyd's as it attempts to move past the painful legacy of missteps before and during the financial crisis right. because why do people tune in to report not because it makes puting gleeful unhappy it's because they don't want to hear people say oh these little missteps and it's very unfortunate that scottish business neil mitchell released this report exposing the fraud and the defrauding of the population of the u.k. well it's that these are just missteps the deference that they show the is that the aristocracy is breathtakingly putrid and so i feel very bad about that megan miracle woman american market she married a prince she knows the live with the slime bags for her entire life a

well. the daily telegraph, visa cap 011 well. they are struggling with staff shortages because of this cap. we know this has been happening and there is a response but here is what i think. i think this is an inevitable thing because we have a shortage of nurses and a shortage of all sorts of nhs staff and foreign doctors who were actually on their way to getting visas and then they we re way to getting visas and then they were stopped. it was inevitable and it had to happen and the press was backing them and so on. it will not change the wider culture and the wider picture of the keep them out 01’ wider picture of the keep them out or send them away culture. also, technically, what are they going to do after next march? if people are 110w do after next march? if people are now allowed to move what do they do to get them in here? what is going to get them in here? what is going to have to happen? that is not even discussed. how does it happen? you can't go to the eu and say, by the way, what we really want to do is make sure thes

newspaper called the guardian and they're called that's the left wing of the right wing is the telegraph well look out this is their own sentence written in this article about lloyds this report released by a kaiser report regular neil mitchell this is shows you the difference between the likes of kaiser report and the guardian here's their assessment the publication of this report comes at a sensitive time for lloyd's as it attempts to move past the painful legacy of missteps before and during the financial crisis right because it's why people tune in to report not because it makes printing gleeful unhappy it's because they don't want to hear people say oh these little missteps and it's very unfortunate the scottish business neil mitchell released this report exposing the fraud and the defrauding of the population of the u.k. well it's just missteps the difference that they show the is the aristocracy is breathtakingly sheetrit and so i feel very bad about that meghan merkel woman meghan markham she married a prince she knows the live with the slime bags for her entire life and proud of big

the impact of the co2 crisis is also on the daily telegraph front page, as well a picture of andy murrayledon next week. the financial times features news of this week's eu summit and the deal struck by leaders to tackle migration. the i warns of the dangers of air pollution — with research suggesting it causes 15,000 cases of diabetes each year. the times carries claims that hundreds of thousands of nhs patients will be denied operations deemed ‘useless' — such as tonsil and back procedures — in an effort to cut costs. nhs spending is also the main story on the guardian's front page — with research showing more areas in england have stopped providing ivf services due to cost. the daily star leads on today's judgement that former police commander david duckenfield will stand trial over charges relating to the deaths of liverpool fans at hillsborough. the daily mirror reports on what it calls ‘britain‘s worst care homes', as the regulator criticises the standard of care in some homes — the newspaper also says thank you to eric — the footballer who inspired his grandson harry kane to follo

the telegraph is doing very well out of this review.est mistakes. —— hunt. backs doctors over honest mistakes. -- hunt. doctors do make mistakes, and a culture of compensation has grown up. and a culture of compensation has grown up. a doctor makes a mistake, law firms are out there that want you to sue. i hosted a meeting at a party conference years ago with some of the representatives of gps. what they found in a lot of cases is that where doctors have made an honest mistake, it had impacted the patient significantly, a lot of times what patients wanted more than money was an explanation and an apology. there was actually a healing process that could happen between doctor and patient, as opposed to it immediately become a matter for lawyers and compensation being paid. then what happens is that the doctors themselves become incredibly defensive, they don't want to admit mistakes because it would mean admitting liability and getting sued. i think it is about trying to change the culture around some of the way in which the nhs has becom

volatile environment in the year ahead given rate increases by the fed, even if it is rigel and well telegraphedand elections, trade war risks, and events in europe. together and investors have become more cautious when it comes to risk-taking. in a: are we in april prolonged environment with the u.s. dollar and the fundamentals have not changed much. >> when i look at the dollar and think about the stance of monetary policy are broad, we are in a stage where the u.s. is far along in its own hiking cycle. years, the ecb-2 and boj making changes, withdrawing accommodation. that is an environment in which we could see further dollar weakness. haidi: thank you for joining us. bnp paribas asset management senior economist in new york. you can get around up of the stories you need to know in today's edition of bay break -- daybreak. it is also available on mobile in the bloomberg anywhere app. you can just get the news on the industries and assets you care about. this is bloomberg. ♪ ramy: welcome back. i am ramy inocencio in new york. of theo a quick check business flash headlines right now. added s

the impact of the c02 crisis is also on the daily telegraph front page, as well a picture of andy murrayad of his return to wimbledon next week. the financial times features news of this week's eu summit, and the deal struck by leaders to tackle migration. the i warns of the dangers of air pollution, with research suggesting it causes 15,000 cases of diabetes each year. the times carries claims that hundreds of thousands of nhs patients will be denied operations deemed "useless," such as tonsil and back procedures, in an effort to cut costs. nhs spending is also the main story on the guardian's front page, with research showing more areas in england have stopped providing ivf services due to cost. the daily star leads on today's judgement that former police commander, david duckenfield, will stand trial over charges relating to the deaths of liverpool fans at hillsborough. the daily mirror reports on what it calls "britain's worst care homes," as the regulator criticises the standard of care in some homes. the newspaper also says thank you to eric, the footballer who inspired his grandso

well spent. the sunday telegraph reports the additional £384 million per week into the nhs after brexit exceeds theunt mooted by the official leave campaign. and the sunday times pictures 12—year—old billy caldwell being fed cannabis oil by his mother after the home office issued an emergency licence allowing him to have the medicine. the paper leads on its own investigation into uk crime figures claiming fewer than 5% of street robberies and burglaries are being solved. so most papers leading on theresa may's announcement tomorrow for a big funding boost for the national health service. i think it is time to turn to you now. that story broke this evening but has been brewing for a long time. we'll start with the telegraph. yeah, as you said in the introduction, the nhs is getting an extra £384 million per week. more than the £350 million that a vote leave promised. two huge assumptions here. number one is that we will get a brexit dividend, that the economy will not fall off the cliff after brexit, we will get those customs arrangements and a free—trade deal with the eu. everything will carry on f

well spent. the sunday telegraph says the additional £384 million per week into the nhs after brexit exceeds themooted by the official leave campaign. and, the sunday times pictures 12—year—old billy caldwell being fed cannabis oil by his mother after the home office issued an emergency licence allowing him to have the medicine, the paper leads on its own investigation into uk crime figures claiming fewer than 5% of street robberies and burglaries are being solved. so most papers leading on theresa may's announcement tomorrow for a big funding boost for the national health service. shall we start with the telegraph and the nhs announcement?m shall we start with the telegraph and the nhs announcement? it is the 70th birthday of the nhs next month and of course when there was that very unpleasant campaign that went on whether or not we should leave the eu, i think there were a number of people who probably voted to leave, a lot of other reasons, but there were many people who voted because they were told that it would immediately mean a cash injection into the nhs. this is a long time coming but p

what does this telegraph to you? >> wellat i think woe're seeing is that the president has found a particular legal authority that is really as broad as can be. so the pardon power is one of the areas that generally is thought to be not reviewable by outside courts and congress doesn't have an authority to pardons and he has found that executive power and he is latching onto it. what is so unusual and it's really important, i think, for us to acknowledge,t this is beyond anything -- if he goes forward with even more of these partness o pardons. this is so far beyond anything that we have seen in modern history. the process of obtaining pardons has been set up by a justice department office that has traditionally reviewed applications, there has been a process that has gone through and then they make recommendations to the white house. that process has existed as far as i know since the late 19th century, and so he really has found this piece of executive power and he is testing how far he can exercise it. >> let's remind vie

you ended qe and that was well telegraphed.anaging them -- managing this a lot europe to fall. 1.5% on the dollar. that is substantial. yellow,ario draghi in very successful not having these dramatic moves in the market. he has been less fortunate on days where he is speaking. by qe ends but later.it increases to >> did you say unfortunate or fortunate. >> i think they had to had offset, countermand doing comments for signals today. that is why we saw the move. when you says been qe, -- it was successful in that regard. >> a line of argument that the primary transmission mechanism is that it is a mechanism about delaying rate hikes longer. it raises the question, if you and qe but then make a strong statement about how you will not do this for a year, you do not at all? >> you haven't really. looking further at what happened maine euro, that is the driver of the currency pair between the euro and the dollar, the expectation of central bank policy. interest rate increases or balancing policy. we can see a further diversions betw

it was well telegraphed that he did not like it and so his appointment at the doj was not going to like had they won this case, you would be hard pushed to find a company who would want to put together a vertical deal. joe: trumpbly do not have very strong views about the merits of vertical integration. >> i think it was a cnn play. , no vertical deal has been stopped by the justice apartment. >> or even attempted to stop. >> you are right. the director has to worry about what his next job will be because the white house will not be happy with this decision. antitrust chief for the doj isinted with the decisi>> you think he could be ? >> maybe he could be the next attorney general. scarlet: anything is possible. julia: exactly. what a world. you talk to bankers all the time. what is their five around this? >> the interesting thing is the arguments all suggested that there was not just us to trial, it went badly. ultimately, it always came down to one person, judge leon, and you saw that reflected in the stock. there were still seven dollars to be made in this trade. obviously, that has

well. one of the more telegraphed rate hikes in history. market took it well within the last ten minutes.t's a yes, hold your longs. wait for the pullbacks to add to some high-flyers because i believe as todd said earlier astutely, you will see some sort of pull backs, you will see air pockets possibly hit. that is when you have to commit new cash. ashley: todd my question has been, todd, let me say this, where else does money go? is there anywhere else around the world you say, wow, got to get in on that? >> not right now. i think first of all there is too much complacency in the equity market. with the 10-year trying to push up, i think if the 10-year gets over 3, 3 1/2% and heads there i think that will take a lot of money out people, elderly don't want to be in the market to begin with, forced in the market because there is no place else to go. ashley: that's a good point. finally get a return on savings. do we see a rotation, scott, out of equities if we see rates continue to rise? >> you know, ashley, i don't know if three or 3 1/2 as todd said is enough. here is interesting point.

this move on tariffs was pretty well telegraphed.t very strongly on trade with china. fact we havete the now confirmed that china has agreed on this merger, which was part of the trade negotiations that china said they would agree zte was allowed to get back into business. that is where we are at. -- china will respond to these tariffs once they are initiated by the united states. haidi: have we heard anything from beijing? tom: not officially. we know from sources that beijing will retaliate in kind and quickly, once the tariffs are officially imposed by the united states. china has said all of these discussions and agreements around britain -- ripping up its imports -- ramping up its imports, deals would be put on ice if these tariffs were imposed. there is always concerned about an official measures being imposed on u.s. companies operating in china. china says it wants to avoid a trade war with the united states, but has to be shown it to be taking a strong stance. it is time for china to join hands with other big economies to se

>> i think much of what we know he has been going to do is well telegraphed.n socialized for weeks and weeks. but people are excited. whenever anyone steps up to a job, it is a moment in time. everything that happens from now on will be on him. in at a fascinating time for financial markets, according to some people at the bottom of the eight setting. it's going to be inte see how they navigate it. jason: it's the sort of thing you have to worry about. alix: banks are trying to deal with their trading platform. thank you very much. we will have more on central banks throughout the week. on wednesday, powers that in mario draghi will be speaking alongside his counterpart in the red, the boj, rba. more next on trade. this is bloomberg. ♪ retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or fa

well spent. the sunday telegraph says the additional £384 million per week into the nhs after brexit exceeds thenday times pictures 12—year—old billy caldwell being fed cannabis oil by his mother after the home office issued an emergency licence allowing him to have the medicine, the paper leads on its own investigation into uk crime figures claiming fewer than 5% of street robberies and burglaries are being solved. that is a flavour of the front pages. so most papers leading on theresa may's announcement for a big funding boost for the national health service. what do you make of the coverage from the mail on sunday? this was an announcement made late last night that the prime minister is at last going to give the nhs that his 70th birthday present that she has been promising for so long, raising the funding by £20 billion a year. with a quick flick of the calculator, thatis a quick flick of the calculator, that is £384 million a week, more than the £350 million promised on that bus. that is a big, stable, long—term plan for the nhs. the funding over five years, long—term plan for the nhs. the

the tariffs were well telegraphed by president trump.view where she , thate would act strongly china was likely to be upset, but he seems to have brushed off concerns from the imf that these will lead to a spiraling tit-for-tat action and a trade war. yvonne: it is interesting. reporting earlier this morning that china regulators have approved this merger between qualcomm and an xp, so it seems like [indiscernible] is prevailing, but what should we expect? tom: that points to the unpredictability of trump told chinese telecom makers that despite the protests in washington, he saw it as a favor to president xi. then we got is approval of a billion, soer, $43 that issue has been put to one side, but china is clear. they will, once it is officially enacted, because they could be faced in, when it is official, china will respond in kind, targeting things like u.s. pork, soybeans and steel. for the corporate operating here, the longer-term concerns on whether or not some of their imports around pork in china, licensing, some of those get held

gradual small increases well telegraphed.e about precedent, mario draghi has to care about what his successor does. he wants to get the idea on the table the you raise rates slowly. what does a successor have in the toolkit when it comes time to fight recession, the answer is not a lot. they've use their balance sheet, they have tried their experiment with negative deposit rates and it was really a pass on the banking system. so they will hope the euro depreciates as much as possible that is the core engine for financial stimulus. so we need u.s. growth. the ability to influence either european growth or stimulate european inflation is inevitable. despite a 4.5 6 trillion balance sheet. they have thrown everything at it and they are struggling. they've had a bit of growth but it's been very expensive bought growth. vincent reinhart, thank you so much. coming up tomorrow, stephanie flanders with a lot of central bank monetary theorists dealing with a theory coming out of washington and the trump administration. on bloomberg, p

suppose that you could argue that but it's a bit of a puzzle because the tax bill was pretty well telegraphedsts are getting harder and they need to take them more seriously. >> ang lot of critics are looking at this saying if there was a financial crisis at this point in time, based on the stress test as it was hypothetically tested, goldman sachs and morgan stanley will be subjected to the same kind of stress and pressure regardless of the tax law or not. >> although, if you were going to go from where we are in unemployment right now to 10%, you would guess they would see it coming and would change accordingly. maybe they would see the signs and would change their positions accordingly. based on how they performed -- >> but remember and it's almost ten years, there is this notion of a sudden stop that's what happened in september. >> it was a sudden stop, but there were a lot of warning signals along the way, i would argue. it was much worse than anybody anticipated. >> 2008 i think the banking system is much, much stronger. and in fact, if you're going to do a stress test, it should be of

my surprise was this was well telegraphed out of the white house. we sat on the second you read a statement put out in late may. he was on may 29th to protect our national security of the u.s. will implement specific investment restrictions and enhance export controls for chinese persons and entities related to the acquisition of industrially significant technology. that came out may 29th. midmorning on the 10:00 hour the secretary of the treasury comes out and says "the wall street journal" reports fake news. essentially asserting he was made up or leaked by somebody who doesn't know what they're talking about. again, this is a fight inside the white house that is being played out on the front page of "the wall street journal," that's been played out in the market and it rattles people. that's what's going on. maria: renewed the treasury was ready to come up with some investment restrictions. we've been waiting for those restrictions but they have not the least time. last week peter navarro joined me on this program and said nothing right now, no i

with me are charlie wells, from the economist and joel taylor, deputy news editor at the metro. many of tomorrow's front pages are already in. the telegraphays the transport secretary has called on mps to back a third runway at heathrow airport ahead of a commons vote tomorrow. the express has warnings from the police federation over resources ahead of donald trump's visit to london. the i reports on the backlash experienced by a woman after she accused a former mp of sexual abuse. the guardian leads on calls from mps and campaign groups to reduce home office fees in relation to asylum and immigration. the times says more than 30 thousand children are now said to be part of criminal gangs across the uk. the mirror reports on britain's shipment of plastic waste to bangladesh where gangs allegedly exploit child labour at recycling plants. and the daily mail leads on a growing trade in stolen british passports used by criminals to try to access britain. will begin with a story in the times. 30,000 children in gangs. this is really sad. about 30,000 children between the ages of10— this is really sad. about 30,000 children between the ages of

well, but she's doing better. or at the very least, how senior aides to kind of telegraph as much. ause something is happening here. either the senior aides aren't in the loop on what's happening here and they're trying to, you know, cover it up and say that everything is well. or, you know, or something else is happening. and so i think that's what has to happen. either the american public has to hear it from him directly or they have to -- he and his wife have to communicate that to their senior aides to put that out there. >> it's been 28 days but the longer this goes on, the longer the mystery grows. it could just go away if melania made a public appearance. or is there a case being made melania is none of our business? >> there's a case to be made mel lawn were is none of our business but i think many people agree, if you are the first family, you have a public role and the public has a right to ask where the first family is. my guess is the president doesn't mind some of the intrigue. this is an ongoing story. he likes mystery. he likes stories like this. and they tend to keep

telegraph road and west is clear and show you that problem as well as the backup and it looks like it'shanging in palo alto. >> good morning, happy wednesday, the white house is quickly backing off its threats to slow or stop chinese investment in tech. though president trump renewed his attacks on harly davidson, threatening the company with more taxes if it moves operations overseas. it's moving some operations overseas because of taxes and tariffs. the san francisco company task rab rabbit says it's been hacked and it's a bad one. task rabbit let's you hire people to do simple jobs. this a guy going shopping for dog food for a customer. task rabbit says bad guys got a hold of millions of company records but worst they got the records for the workers which may include social security numbers and bank account numbers. task rabbit owned by ikea. here's a new tweet from elon musk, talking about a tesla pickup truck. he wants to know what kind of features people would like to see. musk says the new truck will have crazy torque, his words. tesla comes up with a lot of ideas and pickup truc

telegraphed out there. that they are really hungry for. what would it be? >> well, it could be what this dictator has been promising since he took office, which is some economic prosperity. and breathing room for his people. and then this is a country of in which the dictator could decide that millions of people are literally going to starve to death in order to pursue their national security objectives. it now, we have a younger president, who want something else. he says he wants something else. this is a test of whether or not nuclear weapons are more important to him then the well-being and the economic prosperity of his country. >> harris: you know, christian, in addition to this top north korean official meeting with our secretary of state and is now the president of the united states, you had it kim jong un meeting with the russian officials. what came out of that that you think we need to know, as we take in the history that's being made here potentially? >> well, that is potentially important because russia is wanting to develop. and russia doesn't share a

well. in the case of the aquarius can spain has stepped him by helping out that ship. i am pleased to see the story on the front of the daily telegraphtly, don't we? it is good to see them giving it such prominence. the main subjects will be the migration crisis and not brexit. she may have been thrown a lifeline to light by her interior minister but what a job to try to find a solution that europe can agree on in a few weeks when they have had to agree all these years. it looks an impossible task. angela merkel looks to be a weekend figure in politics. she looks weak. at the september election, she was very weak. did really badly. i would like to know your favourite edition of question time. i was honoured. what was that like? what was it like to have david chairing it? i am far too old now. i have a few years to go before i am as old as david dimbleby. it was fine. it was interesting. very interesting to have this question time. to be honest, i cannot remember very much about them. they have never invited me on question time and i'm confident they never will. i suppose what everyone remembers is when the bnp leader was honoured he

telegraph the political arguments to come. noting even his credits will be surprised how well he did here in his opinion. where the president is going to be criticized for a lack of specifics in this document? >> i think already you're hearing that criticism. certainly, this is a president who just shredded the iran nuclear deal. a deal that did have a step-by-step process to vie to verify the denuclearization of iran, the ability to build weapons. here the best he got is this vague statement. what strikes me, the president will be leaving singapore in a matter of hoursro w, coming out party as observers are describing it for kim jong-un. literally, we saw him last night as his motorcade was driving into the streets sort of reveling in the adulation of the singaporean people. when all is said and done, in many ways, this is the day that the world, in effect, courtesy donald trump validated kim jong-un. and history ultimately will judge whether that was the right move to make. >> you mentioned the motorcade. moment. we've seen the two of them walk out what is known as the beast, the limousine. and it appe

>> well, i'm obviously not inside the senior strategic table there. >> this was telegraphed long ago.y knew an offer was coming from comcast and it has been very quiet the last couple days >> well, i think they were waiting on this ruling because there was a chance comcast may have kept their powder dry if they thought they weren't going to get approval. but i imagine disney and comcast will both compete to get this asset and my instinct would be disney will go hard to go after it and will try to pursue it and it is interesting because clearly the murdochs have a big say in it as well. >> and we're all wondering which way rupert would go when it comes to this. and i'm wondering how this is all going to shake out in terms of the consumer. what will it mean? are the big bundles going to get even bigger even though we thought it would go more a la carte? >> well, i think one thing that both companies have, comcast and at&t, is technology. and as randall stephenson pointed out with a mobile strategy to accelerate the opportunity as the younger demographics are all consuming content on the

telegraphed that it may hurt the markets. >> let's put it aside and we don't know if that's going to happen or not. financials here in the united states they did not do well on a week where s&p and the nasdaq both bounced >> right >> as if nothing happens this week, financial is still in the hole >> bonds did not do anything either >> is there any type of exposure to the european banks depending on how bad it is i am not convinced of that financials are okay and some that are doing all right and some good pockets in the financials if i am looking, i would rather be in tech to me that's where the growth stories are going. >> the spread between the two and ten and that's not a great scenario right now that's big case in 2017 for owning the banks and you this iou think of the systematic issues i think a lot of people were saying of the same thing of bearstein. >> we just don't know. this time of the market has a betting and the government is going to bail out. what's the solutions >> you print a bunch in europe >> on trading bases, we talked about it the other night, the regional bank index, up 7% if you want to buy the banks, you stay in the kre. >> is it a

i do agree that the market doesn't like tariffs but i think it's been pretty well communicated and tale gaffe -- telegraphedby the administration to get country's attention. i wouldn't be surprised if as the news evolves over the day that the market could even turn around today. >> yeah, agree with mitch. cheryl: jack, you're double threat, you're on the financial side of the business as well as the former football player in all of this. what do you say about the markets, jack? >> i think it'll recover really fast. i don't think this would be, you know, a long-term situation. i mean, we have tariffs but at the end of the day, the trump administration are using these tariffs to also negotiate on other foreign policy, obviously with north korea and all sorts of things. so i think it's just the beginning, i think you will see a lot of back and forth over the next probably couple of months but at the end of the day you'll see some stability come back into the marketplace. cheryl: all right, guys, i want to move onto another story, market-moving story, official at&t completing purchase at time warner, that was f

if the fed telegraphs that they are not willing to raise interest rates as quickly as they broadcasts before, will the markets react well or badly to that >> the dogma in me and the pessimists would say the markets would react poorly because they would see something that they have visions about what's happening in the world that might necessarily be positive for the market in reality, the market will probably act favorably that's a mistake. >> but i don't think the market would act 100% favorably because i don't think they're concerned with the fed any longer. the number one reason or concern is the trade dispute with china. >> doesn't the fed lay interthis? if we're feeling the inflation effects of tariffs and then layer on the inflation effects of a rate hike, isn't that a lot of inflation for the market to take >> we have had zero inflation for so long i think the manageable inflation you're talking about will be just that, manageable so you can say we're going to have inflation but we have those corporate tax cuts so i think it could be a zero-sum game which equates to me with higher markets. >> bottom line, we're g

well, leading leave campaigner iain duncan smith hasjoined with a former remainer, amber rudd, to issue a warning to fellow conservative mps. in the sunday telegraphto stop us, that includes trying to frustrate the brexit process. so it behoves us all to demonstrate discipline and unity of purpose. getting this legislation through will be a key turning point, i think, in the brexit process, because we will have the laws in place to make sure we can have that smooth transition. so what are the issues for the government? theresa may is keen to kill off some of the changes the house of lords has made to the withdrawal bill. the lords wants the government to negotiate a customs union with the eu, but this clashes with the conservative manifesto. and if parliament rejects theresa may's deal with brussels, in a so—called meaningful vote, the lords want to put mps not ministers in charge and to rule out the option of no deal. labour's shadow brexit secretary backs the lords in these issues labour's shadow brexit secretary backs the lords in these issues and has this message for conservative rebels. if tory mps who do care about those amendments vote with

telegraph. councils should evict families of criminals. where is this coming from? victoria atkins, a home 0ffice minister, who is worried about knife crime and gang violence. i think the answer is, well answers is that possibly councils should use powers that come into existence —— that have come into existence —— that have come into existence —— that have come into existence since the london riots of 2011 to evict people from their social housing. i am slightly uncomfortable with this. i can see where they are coming from, if you have antisocial neighbours it is a blight on the community and it causes disruption for those other people having to leave their mark. my people having to leave their mark. my worry is that why would you punish a whole family for one person's bad behaviour? so, let's say you've got three or four people in the family and one of them is guilty of knife crime and you evict the whole family and if you are a single mother, let's say you have three children, we'll try to be good pa rents three children, we'll try to be good parents but sometimes we don't succeed, why should the whole of the other siblings be punished because of this? and my other worry about it i

takes well, leading leave campaigner iain duncan smith has joined with a former remainer, amber rudd, to issue a warning to fellow conservative mps. amber rudd, to issue a warning in the sunday telegrapheremy corbyn would do everything he can to stop us, that includes trying to frustrate the brexit process. so it behoves us all to demonstrate to frustrate the brexit process. discipline and unity of purpose. to frustrate the brexit process. getting this legislation through will be a key turning point, i think, in the brexit process, because we will have the laws in place to make sure we can have that smooth transition. so what are the issues for the government? theresa may is keen to kill off some of the changes the house of lords has made to the withdrawal bill. the lords wants the government to negotiate a customs union with the eu, but this clashes with the conservative ma nifesto. clashes with the conservative and if parliament rejects theresa may's deal with brussels, a so—called meaningful vote, the lords want to put mps not ministers in charge and to rule out the option of no deal. labour's shadow brexit secretary backs the lords in these issues and has this message for conserva

agreements with several major producers and actors as well to build upon the agreement signed with ms. winfrey. so i don't know what this telegraphs be just a won and done deal or something to build on or it might be an opening act to maybe bigger acts but the bottom line is, oprah winfrey who probably desperately needs yet another multimedia transaction has another multimedia transaction. more after this. [music playing] (vo) from day one, we always came through for our customers. it's how we earned your trust. until... we lost it. today, we're renewing our commitment to you. fixing what went wrong. and ending product sales goals for branch bankers. so we can focus on your satisfaction. it's a new day at wells fargo. but it's a lot like our first day. wells fargo. established 1852. re-established 2018. i think, keep going, and make a difference. at some point, we are going to be able to beat als. because life is amazing. so i am hoping for a cure. i want this, to uh, to be a reality. um, yeah. president trump: the top people were horrible. you look at what happened, they were plotting against my election, probably as never happen

. >> well, i think to be realistic, you are not going to get a deal at this summit and i think one of the big problems we have is that president trump has telegraphed so often that he thinks there's a deal to be had. he thinks it's going to be amazing. it's a very strange way to go about raising expectations on the first meeting you have. so, i think, realistically, a conversation and a meeting where they agree to begin a process of negotiation, and with the clear understanding that that process has to end with the denuclearization of north korea. this is the part that i think president trump doesn't seem to understand. the north koreans have built and acquired their nuclear capacity over, really, 40 years. that's one of the things we go into in this documentary. this is something that has been very deep, deeply part of their dna, their sense of insecurity, their national pride. it seems very unlikely to me that they're going to one day in singapore just give it all up because donald trump is a good negotiator. >> in your special, you examine how kim jong-un has changed north korea. let's watch. >> we know north korea is repressive and cruel. one o

that is telegraphing to his associates who have been targeted by mueller that he will have their back, that he will stand by them, that they can expect a pardon from him which they've done as well, which are crimes that are very similar to the ones he's pardoning these other people for. and that message is stick with me, do not cooperate, do not give information and i will pardon you. and i think that is disturbing and it adds to this obstruction of justice evidence. >> alex, great to speak with you. thank you very much. alex whiting of harvard law school. >> coming up, what's in that unusually large letter kim jong un sent to president trump? we have some revealing details next. as you grow older, your brain naturally begins to change which may cause trouble with recall. - learning from him is great... when i can keep up! - anncr: thankfully, prevagen helps your brain and improves memory. - dad's got all the answers. - anncr: prevagen is now the number-one-selling brain health supplement in drug stores nationwide. - she outsmarts me every single time. - checkmate! you wanna play again? - anncr: prevagen. healthier brain. better life. but as it grew bigger and bigger,ness. it t

well. everybody who speaks on behalf of the president speaks to an audience of one. there is this desire, apparently, to look strong before the summit tonight. they also telegraphed the notion that if they're looking strong, they're doing it for kim jong-un's benefit. they're telegraphing -- >> they don't have the facts on their side. >> not at all. not in the least. on trade, not in any way, shape, or form. not on nafta. 1993, we had $300 billion of tri-lateral trade among the u.s., canada, and mexico. today, it is $1 trillion. this is not, as they say, a zero-sum game. not in any way, shape, or form. if you were to auto supply chains from canada and mexico, the u.s. only produces a little under half of the autos sold in the united states. how do you all of a sudden just rebuild that supply chain domestically without driving costs through the roof, and without disrupting all manner of economic activity? not only that, threatening a global trade war that could slow the global economy and throw us into recession? >> not only that. china signalled to canada, we'll die yo buy your oil and build the ports to get it there. >> we could sell it to china tomorrow, if we

>> well, i think it is the speed of the normalization, neil, that is absolutely critical. the fed is telegraphing the slowest rate normalization in recorded history. they want to take measured steps. a lot of people think they are planning ahead, being very deliberate in t act >> w is rate normalization, by the way? talking about getting to historical constant averages we have which is anomaly for the past decade, right? >> we've been artificially low for a long time. a lot of people believe this is very deliberate and methodical on the fet's part. i happen to believe the fed lost control a long time ago. they're forced to react to global traders, by and large setting pace how they treat government bonds across the world. if it's a fast rate hike, we have a problem. if the slow rate hike, the fed remains illusion of control, i know that isders will be okay with that. : great read on all of this. thank you very much. >> thank you, neil. neil: dow is up 12 points. it seems like a bit o a gobbledygook. those are watching gap between two year and 10-year, 10-year and 30-year, 10-year and one years, i

executive branch over trade, plus it plays well with his political base so, take the administration seriously on trade >> so within pimco, libby, are owe telegraphingyour team internally that you're concerned about treasuries china's going to run out of goods on which to put tariffs >> and i think that's clearly a possibility. we don't necessarily think it's a high probability at least at this point it just given that it's actually against their own self-interest, you know, at least at this point. there are other tools that they can and kind of other levers that they can move you know, investment in terms of the u.s. investment in the united states is almost $100 billion they could restrict that very significantly. they can restrict tourism to china so there are other things that they can do, not just, you know, not just necessarily targeting products that we're exporting to china >> michelle, you mentioned this morning, and i've done extensive work on this, that the president can't have it both ways. he can't have strong economic growth and a declining trade deficit. if the president wants to get rid of the trade deficit, the best way is to have a

telegraph mor to come. my honest and does the status quo. what do you think? >> i think right up until we saw the producer production index as wellnumbers come out, i would have said there is no way we are going to have a fourth rate hike. but the fact of the cpi really surprised us. this is producers before it gets to consumers. that really jumped from to point me to three-point line. that is forward-looking. neil: in nursing jump to three-point line, that assault prior months. >> exactly. that is a big change in may versus the prior trend. neil: your rates are not for fear of being caught behind. >> is so forward-looking. they don't have to react at this stage. this is definitely the one rate hike. if that continues and we see that trickle-down into the consumer prices because we have a slow upward trend right now. thats a potential indicator that a consumer could then see a higher rate as well and that might cause potential hike in december that is not exactly expected at this point. neil: craig smith, stock traders are worried about this time as they often say they have a funny way of showing it. they slough off trade were ba

well. and you look at the headlines i don't think the new york daily news. the telegraphmelania trump unseen in public for 21 days. cnn, melania trump's absence continues, skipping camp david weekend. there's been talk in recent months that mel a ania trump hasn't -- melania trump hasn't been on the cover of any major magazine, the way first ladies have traditionally been. all these magazines, they've largely ignored her. now they're all over her. >> it's only the negative coverage. it's not just melania, it's ivanka, kellyanne, it's the women within the trump family and the trump administration that have done historic and mental things, -- monumental things, they're either ignored or attacked. if these women were democrats, they would be on the cover of every single women's magazine from the beginning of the presidency to present day and we know this. that's why i look at the left and i look at the leftist mainstream media and i say there's a double standard that exists. i wish they would recognize it within themselves. a lot of the outlets are struggling because they're

little bit earlier, a story on the front page of the daily telegraph, suggesting president trump is not too keen on theresa may's style. well there, as i said, to greet the prime minister. asi said, to greet the prime minister. as i mentioned a little bit earlier, she's had a very torrid day of it today, but finally managed to reach agreement with the brexit secratary, david davis. after a cabinet dispute over the future customs arrangements with the european union. the row is over a so—called backstop plan to avoid a hard border in ireland but the deal can't be reached with brussels —— if. the government is making it clear such an agreement will not go past 2021. 0ur political editor, laura kuenssberg, reports. are you about to lose your brexit secretary, prime minister? she has a lot on, but theresa may's firstjob today was to prevent disaster. to stop the man who is meant to be in charge of brexit from flouncing out. david davis was summoned to an early meeting behind the commons gates, behind closed doors. 0ther ministers were trying to embrace the day.