the study warns climate change is striking and more rapidly than many expect well let's bring in stephanie tom stole from the institute for climate impact research to talk about this these results in this report. first of all these green issues are they really the biggest threat to businesses around the world and economies. yes absolutely after warnings of scientists have been by and large ignored for more than 50 years we're now in a real climate emergency global temperature is higher than at any time in the history of human civilization and that means that our weather is on steroids when the climate and weather add up in the same direction we get unprecedented weather extremes like we have been experiencing in australia recently explain to me why it's taken 50 years was it taken so long for these to be realized. well i think a big role has to be played by the lobby forces that have basically tried to sow doubt about climate science and confuse the public and of course it's well documented that there have been hundreds of millions of dollars invested in to obfuscation campaign so this has bee

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some described as a regional peacemaker and earlier stand ground spoke to stephanie tucker who's in the omani capital she says so tom thumb has vowed to uphold his predecessor's by a 6. this is been very well received it has appeased those concerns but again as many people i've been speaking to here will tell you that it's now going to be the question will be moving forward if there are cracks they're going to show in the months in the years to come he's going to have to deal with a lot of complexities here on the ground static canonically this this is a country that has a debt issue it has a it has an employment issue and also internationally can they can stay neutral when their leader here will be under pressure for neighbors to fall in line with their foreign policy rather than keeping what's been a very neutral stance but of course you must remember that the country is in a 3 day mourning period for ordinary people bit about how the rubble to express their respect for the former liberal the the light leader express in general that they mourning for someone that they knew was the only leader inside yes and he's s

tom perez was on with me with stephanie last week.people get called by pollsters and they're not choosing this candidates of color as their preference. they're not making the poll thresholds by making it into the debate. what do you think of that? >> first. i think the criteria that were set up by secretary perez and the democratic national committee were well intended. i think what's happened, though, the debate itself has taken on an outside importance. and it may influence the ability of terrific talent of the kind and the names mentioned. allowing voters to make their case, build their case. that means, it seems to me that this wonderful opportunity we have had to have -- to demonstrate to the american people the breadth and depth of diverse talent in our party, reflecting back the breadth and depth of reverse talent in america. that opportunity is being missed, it's time to reconsider the rules, it's a shame that we're having a debate that when america looks at it. will not see herself reflected as the opportunity to face that. >

that is stephanie kelly, senior global economist at aberdeen investment. just moments ago, tomeene spoke to former fed chair alan greenspan from his offices in washington. chairman greenspan said he remained concerned about the u.s. deficit and offer this piece of advice is one way to trim the numbers. >> we have a defined benefit program for social security and pre-much everything else. is go to ad to do confined contribution program. the 401k is all we have. on major put a damper problems. david: you can hear more of the interview airing throughout the day on bloomberg television and radio. coming up friday, i will be hosting a new plug graham for bloomberg television -- a new program for bloomberg television and radio. bring you the most important stories of the week, stories that affect wall street in the world, with regular panel of leaders. this week will be larry summers and roger ferguson talking about the events of the week. our panel will be joined by the former under secretary of defense for policy to discuss one of the top stories of the week. that is yes relating t

tom, thanks for joining us. >> thanks, wilfred. >>> stephanie, what's your take on gold? >> this stock is up 50% last year, i can't believe i didn't catch my screen. i'm embarrassed to say i don't own any gold, but this is blue chip it also has the integration efficiencies that they have come out. $500 million in save savings that's going to help catch flow, which drives dividends and buybacks it's a great story, i don't know why i don't own it, and i'll keep an eye on it. >> good interview there, tom >>> 21 minutes left in the session, and shares of katie holmes soaring that's coming up on "closing bell." ♪ ♪ ♪ ♪ ♪ ♪ don't get mad. get e*trade, dawg. - [narrator] at southern new hampshire university we're committed to making college more accessible by making it more affordable. that's why we're keeping our tuition the same for all online and campus programs through the year 2021. - [woman] i knew snhu was the place for me when i saw how affordable it was. i ran to my husband with my computer and i said, "look we can do this!" - [narrator] take advantage of some of the lo

tom: thank you so much. stephanie a senior writer for bloomberg, steeped in all the different things of this administration, the criminal, the ballet we have seen the last hundred years. you brought up what i heard twice yesterday from people on the street. which cassidy -- who are those guys? who is the legal team of the president, and how unusual is this? esther seco is out of mercer university. he is a radio host. he has clearly done a lot of interesting things, what i would call religious media. is that what you need to go in front of an impeachment trial? how is his team doing? stephanie: i think it was mixed yesterday, to be honest with you. they spent a lot of their time talking about very dry subjects, executive privilege, andtitutional history, ignoring the elephant in the room, which was bolton's manuscript,in his that trump personally told him that he was tying the freeze on military aid to ukraine's announcement of an investigation into the bidens. none of his defense attorneys even mentioned that until al

stephanie, the cdc is calling this a dynamic situation, suppressing there stressing there's a lot more they need to learn about this virus? >> reporter: that's exactly right, tom. cdc officials say part of the screening process will be to take people's temperature, ask them about their travel history, and see if they have any symptoms like a cough or fever. they say screening will take time, and they even set up a quarantine section here in jfk if anyone is carrying the virus. >> stephanie, thank you. >>> back at home to the rapidly approaching impeachment trial. the house submitting a summary against the president. new documents are released that democrats say shed light between lev parnas and rudy giuliani. and raised concerns about devin nunes. abc's david wright has more tonight from florida. >> reporter: tonight, in a 60-page legal brief summarizing their case, house democrats say president trump abandoned his oath to faithfully execute the laws and betrayed his public trust. >> president trump thus warrants impeachment and trial, removal from office, and disqualification to hold and enjoy any office of honor, trust, or profit under the united states. >>

>> that's true, and as stephanie referenced recent polls have shown mayor bloomberg ticking up in states along with tom two candidates who spent an enormous amount of money on television advertising. the recent polling data shows television ads still work in terms of getting voters interested in your campaign. the challenge for democrats, on the establishment side of the party, if it's a crowded space among moderates, centrists, democrats comes iowa, new hampshire even south carolina where biden has a real base, go into super tuesday with ascendant mayor bloomberg because of television advertising and could have splintered moderate field going into super tuesday. that wing of the party, that's a concern. someone like senator sanders or senator warren could come bursting out of iowa or new hampshire with momentum and start to consolidate the left wing of the party sooner than the moderate wing is consolidating. that could lead, as you say, to not perhaps a contested convention, but a long, protracted primary race. >> john heilemann, you work with bloomberg. you work at bloomberg, i should say. >> for --

they turned around, it was mechanical, tom is telling us we're learning the exact opposite, what do people where you are think happened? >> reporter: well, stephanie, i can tell you right now the head of iran civil aviation says these are totally illogical rumors, building up to the report that the spy satellites had caught images of a missile hitting the plane, the iranians were saying that's impossible, that this was an accident, that they had witnessed the plane catch fire and was turning around to the airport. to tie into things they were saying, the iranians said there was no communication between the crew and the airport in tehran. and they're also saying this is completely logical because there were 83 iranians on board that plane, amongst them some of the most highly praised students from iran's top engineering university and so they're saying why would they even do this, but as we heard the president say, he is suggesting that this may have been a mistake, and of course the night that plane went down, this country was on high alert. they launched an attack on the u.s. assets in iraq and were expecting a counter strike. and one of those ob

truth on our side that he did nothing wrong. >> ed: stephanie grisham, white house press secretary, things are doing this today. in the meantime, tomrading barbs with the president just ten days before i would. what is he hoping to get out of that strategy? tom the stire joins us live. >> it isn't helpful to the rest of us. he's been able to wipe the floor of conventional politicians. here's record-breaking news for veterans. va mortgage rates have dropped to near 50-year lows. newday usa can help you refinance your mortgage and save thousands a year. i urge you to call newday usa now. ♪ ♪ well i'm standing here, looking at you, what do i see? ♪ there's a booking for every resolution . book yours at booking.com woi felt completely helpless.hed online. there's a booking for every resolution . my entire career and business were in jeopardy. i called reputation defender. vo: take control of your online reputation. get your free reputation report card at reputationdefender.com. find out your online reputation today and let the experts help you repair it. woman: they were able to restore my good name. vo: visit reputationdefender.com or

age of $79.00 so tom caboose is credited with transforming a man from a small underdeveloped country into a modern state let's speak to 70 deco's in muscat for a suit on qaboos stephanie was. of course a crucial mediator broker between many countries in this region and beyond tell us for us about some of the dignitaries paying their respects. well we've had iran foreign minister here we've had kuwait mirror he's on his way actually we've had cutters emir the tunisian president in his 1st official visit as president by saeed we've had the ugandan president we've also had a king of uganda 5 kings and kingdoms within the borders of uganda the king of turow here along with the president paying their respects just gives an indication of the reach of this man but of course significantly you're going to see opposing sides coming in and out of this country over the next couple of days because that is the role that sultan qaboos and this country has played over the last couple of decades that of a mediator that of a peace maker that of a country that does not want to take sides so i think that is certainly significant the sultan did not want a lavish funeral with heads of stat

stephanie baker, thank you very much. coming up, one of the trickiest decisions in years. we discussed the boe next. this is bloomberg. ♪ tomance. more data checks today. everywhere there was a correlation. we have seen some real deterioration. , negative four. this is worse than the last hour, the last two hours. within all that, the yield markets giving you the most information. been kind enough to mention that. francine: the u.k. is set to end its 45 year relationship with the european union this friday. the boe is expected to make a pivotal rate decision. they have not lowered interest rates since 2016 after the brexit vote. let's get back to kit juckes and wolfgango piccoli. the problem is that the markets is really front running this. if you look at the probability of a boe interest rate cut, it was 8% in december, and now it is around 59%. what are the reasons the boe should cut? kit: if you are going to cut, why not just get on with it? there is a 100% chance of a rate cut in the first half of the year and we just shuffled often to the next couple of meetings. if i decide of the economy needs help because of the hea

tom: she was on my panel in davos, and a guest of mr. weston on "wall street week." mr. weston with a modest interview today on "balance of power." we will talk with stephanieolicy get fundamental growth growing? she talked about fiscal spending through green, and we will talk to richard clarida about that. tom: the president said he will plant trees, in davos. that is about as far as he went. david: she said she does not expect much. tom: how will you approach a conversation with the vice chairman of the fed? david: going back to the press conference with dave -- jay powell, one question is inflation and the subtle difference about what they want to do with inflation, are they aiming high to get it up? i want to talk about his approach to get it going because it favors yield curve management. he thinks maybe we should start pegging. tom: what is important with clarida is his prodigious academics and the fact that he has a knowledge base that may be chairman powell does not have, to meet some of these goals. david: it ties back in on the eve of the iowa caucuses, how has monetary policy in the fed board connect with -- and the fed board connect with iowa an

tom, i think he will. not a guarantee, the fact that it is not a guarantee upsets me deeply. >> all right. >> that was pathetic. >> that does it for us. stephan stephan stephanie rule. >>> thousands fill the streets of tehran, a sea of mourners, marking the death of general qassem soleimani. they chanted over and over death to america. at soleimani's funeral, iran's supreme leader wept as he prayed over the body of his top general. soleimani's death led to a series of dramatic escalations in recent days, fears that the situation may spiral out of control. in just the last 24 hours, the iraqi parliament approved a symbolic resolution calling for all u.s. troops to leave their country immediately. iranian government says it is stepping away from the nuclear deal, abandoning limits on production of nuclear fuel. this is serious. the u.s. military said it was being forced to suspend operations against isis in order to focus on protecting u.s. bases against growing threats. i'm going to get to our chief foreign correspondent, richard engle in northern iraq. richard, you tweeted this yesterday, that the middle east is a mess. you have been following the region for d

tom massey of kentucky, and francis rooney of florida as well. the wars voting against powers resolution, anthony of , joe cunningham, kendra and, -- ben mcadams stephanieurphy of florida you can find more of that vote including how it broke down when .ou go to our website n is next in wisconsin. caller: i think nancy pelosi is one of the only adults in the room with the situation and when you look at the clinton impeachment, they had everybody's testimony and testify iname in to their depositions and stuff, this we did not get with white house blocking people from testifying, so we did not get all the information and republicans have decided they are not going to follow through with impeachment. this cannot be any kind of fair trial. they are working with the president. let's work with the accused. that is like having the prosecution work with the accused to get them off. how fair can that be? host: california from our republican line. hello. caller: yes, good morning, c-span. to say.nly one comment days maximum, that is it. host: what is the value in that? both housesvalue is should be doing what the people sent them there in washington. host: it was

tom, i think he will. not a guarantee, the fact that it is not a guarantee upsets me deeply. >> all right. >> that was pathetic. >> that does it for us. stephan stephan stephanie