he said he expects the u.s.ply this week. >> i understand this to be the point of equilibrium, where either one side of the other can make things better. it was communicated to the participants of the negotiation, basically, iranians and north americans. everyone, british, german, french, chinese, russian. there was an iranian response i considered reasonable. it was transmitted to the united states. we are waiting for the response. laura: iran has accused the u.s. of delaying its response. >> we can talk about this round of talks being fruitful only when the europeans announced they have received a response by the americans. laura: washington has denied strong the talks. the state department says tehran appears to have dropped some demands, such as removing iran's revolutionary guards from its list of terror organizations. >> the president has been clear, he has been firm, he has been consistent that he will not lift the terrorism designation on the irgc. iran's demand we do so have been removed from the latest

a u.s. afghanistan, targeting and killing the leader of al qaeda, ayman al-zawahiri. cnn's michael holmes looks at al-zawahiri's life and legacy of terror . >> we want to speak to the whole world. who are we? who are we? >> reporter: by the time ayman al-zawahiri was on the scene, he was already a terrorist. committed to turning egypt into a fundamentalist islamic state. the young doctor came of one of leading families. there was even a al-zawahiri street in cairo, named after his grandfather. his uncle described him as pious . >> he is a good muslim, who came to pray here, and to read, and to sing. >> reporter: al-zawahiri spent three years in prison after -- assassination. after he got out, he made his way to pakistan am aware uses medical skills to treat those fighting the soviet occupation of afghanistan. that is where he met osama bin laden, and they found a common cause. he talked about a decade later. >> working with brothers -- and many other places. >> reporter: al-zawahiri with man

how can the u.s. deal with gorillas the u.s. army, specifically u.s. general henley halep went to a columbia scholar by the name of francis lieber. and said can right miyako to conduct? it's never been done before. this is one of the first time that quantification of the laws of wars have been used. we still use it as an inspiration for our modern-day notions of the law of war. according to francis lieber and the libra cord the general orders 100. there are three things that make an official soldier. if you wear a uniform, you have a command structure and you have the capacity to deal with prisoners of war. that is what makes you a soldier. our command structure a uniform, you can deal with prisoners of war. if you can't do all the things you are not officially a soldier. bushwhackers cannot do this. that makes them illegal combatants. if they are legal combatants, you can treat them differently than a soldier. a captured soldier, a soldier's was to capture, you're not spots to just murder. you can hold them as a prisoner of war. a bushwhackers, or you

the u.s. military. this was intentional sabotage. this was the start of a trend that we see happening along the mississippi river in the civil war. pro confederate sympathizers are going to intentionally target commercial steamboats on the river. these naval gorillas, they're often called boat burners, right? this is u.s. history, we lack creativity. they burn boats, right? they blow up commercial steamboats in the summer of 1863. i know we haven't gotten there yet, if you know you're 1863. i know we haven't gotten there yet, if you know you're civil war history, two very important things happen in july of 1863. the battle of gettysburg, that i hope you've all heard of, but it's also the fall of the city of vicksburg. vicksburg was a confederate hold out on the mississippi river. remember how we talked about the anaconda plan? the u. s. is trying to get complete control of the mississippi river. vicksburg is one of the last holdout. when it falls on july 4th, a sea in 63, the u. s. can claim t

but the u.s. navy in the u.s. military knows what the confederacy is up to so there like we should have our own ironclad. so she will create a kind of a commission to come up with the various design ironclad and design one of the most famous and that is the monitor. so the battle will unfold over two days, there's a two day battle. and they had the confederate ironclad in virginia and it is good command of buchanan and i keep using the word she, because 19th century, that's what they did and so, buchanan is in control of virginia so this as vessel and going to. [inaudible]. in room 10:00 p.m. she runs right into the u.s. cumberland, this was a 1600-pound ironclad and this is a giant hole in her hall because of the slamming grade in next, another u.s. ship, the uss, and they said this was a bad idea and this ironclad vessel. and they are pending in congress, until eventually the u.s. vessels of day one, march 8th, ironclad wooden ship and would destroy all of the wooden u.s. ships read but it's different on march 9

first, the u.s. has always been an empire. the u.s. was an experienced colonizer. the u.s. has always been an empire. the u.s. is an experienced colonizer. the u.s. was an experienced colonizer. the difference here is these colonies are off the north american continent. ok. so the u.s. has always been a colonial empire. the difference is that these colonies are off the north american continent. just like in the past, americans colonized to solve problems. americans colonized to solve problems. americans colonized to solve problems. they thought colonization would create unity. americans thought colonization would create unity. they thought it would improve u.s. international promise. they thought it would improve u.s. international promise, by making it now one of the competing empires. and it created economic opportunity for some, especially people in sugar. it created economic opportunity for some, especially people in sugar. and it was justified in the same ways it had been in decades prior. they justified it in the same way it had been in decades prior. so back to this

the u.s.nd china over taiwan, we speak to jeffrey sachs about what he calls a false narrative with russia and china. a year ago today the last plane evacuated afghanistan. we look at the crisis facing afghan refugees. over the last year, the u.s. has only approved 123 humanitarian parole applications. meanwhile, the u.s. has approved applications from 68,000 ukrainians in recent months. and mabel's speak to the 25-year-old gun control activist al hunt drove next while frost appears to be heading to congress after winning last week's democratic primary in florida. >> by confronted governor desantis about gun violence. what did he say? i am making sure that they hear from us for 10 years. protecting the right to choose. passing laws to end gun violence. reproductive health and affordable housing. we cannot keep electing the same politicians. amy: today, president biden calls for an assault weapons ban. all that and more coming up. welcome to democracy now!, democracynow.org, the war and peace re

the u.s. all does these -- the u.s. always does these types of things and this is the u.s.'s fault. setting that initiative that the u.s. started it but now i need to regain an initiative. one great way is to talk about how the u.s. is destabilizing the world war. there is both utility internally and externally. internally is to galvanize ccp efforts. externally, you are setting -- for that dominant narrative. >> thank you, rod. my understanding is china has been more reluctant to call this a crisis. as you described, maybe like rod was suggesting, maybe there are multiple channels. using different channels based on who they are communicating with. catherine, over to you. >> i have been very reluctant to work crisis. especially when they are talking to their own people. that is not surprising. you have a population that is in general, used to this threat of military force from china hanging in the background. the goal is to engage more, get in more visitors of democracy. trying to strengthen the backing one has. talk about crisis that grew out of one of these visits, that is one of

the u.s. wanted. host: outwardly, the white house was not happy about it. what do you think, behind the scenes, the guidance they gave to the speaker and the potential flaw -- fall out it may contribute to the biden white house? guest: i was disappointed in the white house's hesitancy and opposition to the visit. in this period, i think it is important for the u.s. to signal beijing that we continue to stand with taiwan, that this is a strong relationship. by signaling to the speaker of the house, who is a part of the legislative branch, it basically created the appearance of a disagreement between two key branches, as well as the top leadership of the u.s. government. host: what has been your reaction to the military response, the military exercises china is going through? guest: one of the things that has been under noted is that the chinese in their closure areas and missile tests, which, missiles have been spotted over taiwan, which have never happened before. they are almost replicating a

the u.s.climate change and other key issues. israel launches multiple airstrikes on the gaza strip killing a senior commander of the palestinian group islamic jihad. at least 10 people have died including a child. the u.s. job market decided fears of slowdown adding 500,000 jobs in july and gangs in columbia are recruiting vulnerable children as violence returns there. we have a special report. >> the writing here tells drivers to put winston's down -- windows down or expect bullocks from far, the people -- bullets from the people's army. >> for those of you watching on pbs and around the globe, welcome to world news america. china is halting cooperation with the u.s. in several key areas including climate change, military talks, and efforts to combat international crime. the new measures follow a trip to taiwan by a u.s. ngressional delegation led by senior democrat nancy pelosi. china views the visit as a challenge tots claims of sovereignty over taiwan, islands distinct from the mainland. o

and the u.s. army now grounding its chinook helicopters. >>> first tonight, millions on alert from virginia, washington, d.c., up through pennsylvania, new york to maine. the potential at this hour for damaging winds after a young girl is electrocuted and a woman is killed by a tree all by the same system. senior meteorologist rob marciano standing by. >>> also, the state of emergency. the water emergency in jackson, mississippi. 160,000 people without any water at all. trevor ault in jackson. >>> also, the news coming in now, the u.s. army grounding the entire fleet of chinook heli helicopters. why they're so concerned tonight. >>> also this evening, the images, that u.s. navy ship confronti ing an iranian ship trying to steal an american drone. the standoff lasting hours. how this ends. martha raddatz with late reporting. >>> the war in ukraine tonight. and new images online this evening. the smoke rising from southern ukraine, as president zelenskyy declares they will take back land seized by t

he is a u.s. citizen today because he qualified under section 329 of the immigration nationality act for citizenship. chair lofgren: mr. jayapal is recognized. rep. chabot: immigrants have defended the u.s. in every major conflict since the revolutionary war. anywhere from a few hundred to a few thousand immigrant veterans are estimated to have been deported. that's unacceptable. i'm very proud president biden has taken steps to not only stop deportation of veterans, but also, allow deported veterans to return and ensure immigrant servicemembers and families can become citizens and have access to military benefits. i have a number of questions, if you wouldn't mind keeping your answers short so i can get through them. ms. rogers, would you agree it is in the best interest of national security to naturalize immigrants serving in the military? ms. rogers: i would say that my opinion is really not relevant because under section 329 of immigration law they are eligible to apply and become citizens. re

the international investors are highly overweight u.s. assets in both the u.s.reasury market and the u.s. stock market, and yet you talk to non-us citizens, who we often talk to, who are investors in our markets. they continue to marvel at the dysfunction in washington and it gives them pause. if we were to go through an election season here in november where we were in a position where elections continue to be contested, potentially having to be resolved in our courts, that's a really bad look and something that is going to add to our cost of capital and risk premiums in our capital markets. we really have to take this seriously. guy: the chinese are watching. lisa, thank you very much indeed. lisa shalett, morgan stanley wealth management cio. we are awaiting nancy pelosi's arrival in taiwan. you have a live shot on your screen right now. we have more on that story in just a moment. ♪ ♪ guy: speaker nancy pelosi set to land in taipei in about 20 minutes time. we thought it would be 20 minutes past, now may be pushed out to 45. she is the highest ranking electe

u.s.all sta brittney griner to nine years in prison. the two-time olympic gold medalist was arrested with cannabis oil in her luggage. the u.s. says she should not be in jail. >> this is a miscarriage of justice. the u.s. department of state determined miss greiner was wrongfully changed. nothing in today's decision changes that kasia: china has fired missiles near taiwan initial a force against nancy pelosi's visit. and for police officers are rested in the united states over the shooting of breonna taylor, whose death inspired the black lives matter protests. ♪ a court in moscow has sentenced the u.s. basketball player, brittney griner, to nine years in prison onharges of drug smuggling. she was fined $60,000. president biden called the sentencing acceptable. this is miss greiner arriving at court for sentencing. the gold medalist was obtained -- detained in february at an airport near moscow, where cannabis oil was found in her luggage. here is what she said after both sides presented c

the u.s.you saw that listing boom in the u.s. in 2020, but that has dried out. we continue to see the u.s.-china tensions, concerns about chinese baseness is -- businesses. haidi: earnings dominating the future as well when it comes to asian markets. we have another u.s. congressional visit in taiwan, potentially further exacerbating geopolitical tensions between washington and beijing. when it comes to pressure on chinese equities, we are expecting 12% downside for earnings. that shock to the downside. overall we are seeing a broader downside when it comes to the profit drop in asia with more earnings to come. in australia, -- reporting this week, we are seeing futures hold firm. looking like early gains at about .6%. some of the tailwind with the s&p 500 seeing the fourth straight week of gains. the aussie dollar seeing strength, holding unchanged at the moment. we will see how well that risk straight holds up particularly going into the -- decision week where we are expecting the new zealan

i think, from a u.s. perspective, that should be something the u.s. is a promise and they should uphold. currently there are thousands of afghans who have managed to get the u.s. but many are in lingo. -- limbo. this has been a problem for families as well as many are suffering from ptsd and other mental health issues. they had to flee the violence and be in limbo with their families as well. one of the last questions we have, about six more minutes left, which gives some time for another question. we had a couple questions on pakistan. i think, sometimes, it is difficult to talk about the taliban without having a mention of pakistan. something all three of you mentioned in your comments and the answers that you have presented to the various questions. the last question is on pakistan. what kind of leverage of -- leverage does pakistan have on the taliban and what kind of leverage, if any, does the u.s. have on pakistan in terms of improving its relationship with the taliban. hossein, let's start with you because i know you are an expert on the -- on

amy: u.s. house speaker nancy pelosi becomes a high striking official to visit taiwan in quarter of a century. china responds with military drills. we'll go to taipei to speak with brian hioe, taiwanese-american journalist and editor of new bloom magazine and we'll speak with michael swaine, director of the quincy institute, author of "america's challenge: engaging a rising china in the twenty-first century." senate republicans reverse themselves again and pass a bill to aid u.s. veterans poisoned by the pentagon's use of toxic burn pits in iraq and afghanistan after being shamed by veteran victims, their survivors, and comedian jon stewart. >> i will say this, i am not sure i have ever seen a situation where people who have already given so much had to fight so hard to get so little. i hope we learn our lesson. amy: president biden says toxic burn pits may have contributed to the death of his son beau biden who served in iraq and died of brain cancer. we will look at the impact of burn pits no

number one, how long was it after the u.s. intervened in afghanistan until al qaeda was defeated, and was not the taliban at a very weak point at that time? secondly, why did we wait so long to leave after osama bin laden was killed, to wait another 10 years and the taliban got stronger, the afghan government not seemed to ever get their act together. finally, on the withdrawal, how much of the withdrawal was based on recommendations of the state department to defend the embassy and withdrawal troops from the bagram airbase, and not have sufficient amounts of troops to use bagram to exit people as well as the airport? just wanted to see what you think about blinken versus the department -- host: i worry we may not be able to get to all of those questions, but mr. weitz, a final couple minutes to take on as many as you can. guest: the caller raises an important issue. the setbacks in afghanistan, the mistakes and failures have been a common feature of the war for the past 20 years. when we invaded the country, we did that with

u.s. and china. australia on track for the steepest tightening of monetary policy in a generation. shery: exciting numbers out of south korea. we getting the july print right now. given that we've heard just last week that the cpi numbers will come in about 6% or so in that range, but now we are finally getting that confirmation. in the previous month it was 6%. we have not seen above 6% lately. still above expectations. the core cpi number, and acceleration from the previous month as well. it just makes you think what will it be ok to do? we've seen that record basis point hike in july. they will continue to be focused on inflation, and we saw the deficit, making inflation and imports more costly. it seems like a vicious cycle but we continue to watch. we are set up for the market opens across asia. what are you seeing? >> it certainly does solidify that hiking path ahead. it does depend on what we see in the growth for economic outlook as well. downward pressures are rising in the econom

the u.s. navy, the u.s. force very aware of where chinese assets are and watching them around the clock, pamela. >> jeremy, i want to bring you in on this. how is the white house trying to prevent this from escalating? >> reporter: well, pam, we haven't seen a lot of saber rattling from the white house. they made clear they're not going to engage in that kind of saber rattling. instead what they really tried to do was to reframe this reaction from china, which the white house says is essentially an outsized and unnecessary reaction to a visit by the speaker of the house who, although this is the first visit by speaker of the house in 25 years, it's not uncommon to see u.s. congressional leaders visit. and the white house has said it's obviously not unprecedented given the last visit 25 years ago by then speaker newt gingrich. the white house has said they do expect to see additional reaction from china to this not just what we have seen today, including flights by some of those chinese war planes over taiwan

u.s. inflation data that could shape the federal reserve's outlook for interest rate hikes. more losses for asian semi conductor shares as micron warns of a collapse in global demand. we are seeing declines taking place. we have pressure on the tech side of things. a lot of action on the bond markets. we have that inversion in some way steepening and it is a bit of a head scratcher ultimately. david: yeah, and not paying attention to much to that. or is this a different time? i think you are referring to the twos intends on the treasury curve. we are approaching -50 on that one. no we the 80's. the inflation issue we have right now is more comparable to the 80's and you don't want to get into that big of a curb. speaking of inversion, some of our viewers might have missed of this. the twos and tens in new zealand inverted for the first time in seven years a couple hours ago. that is playing a bit of catch-up today. the thai baht on the back of what would be the first rate hike out of thail

the u.s. of representatives, nancy pelosi, is in taiwan tonight, and china is already responding. pelosi's late-night landing was quickly followed by news of chinese military drills all around the island. john yang has this report. john: the stars and stripes aglow on the tail of her plane, house speaker nancy pelosi arrived in taipei just before 11:00 pm local time. taiwan welcomed her with a message displayed on its highest skyscraper. outside her hotel, dozens of people awaited her arrival, some to salute the visit - like 29-year-old finance worker, simon lin: thank you, u.s. speaker of the house pelosi, for ignoring china's threats. john: others to protest it. the trip has drawn the ire of beijing, which considers taiwan a breakaway province, and sees pelosi's stop as a threat to chinese sovereignty. today, a chinese foreign ministry spokesperson repeated threats of military action. >> if the us is bent on going its own way, china will take resolute and strong measures to safeguard china's

now, u.s. officials have yet to officially confirm from the white house that the target was indeed al-zawahiri. we do have several sources at cnn confirming to us that al- zawahiri was killed in a drone strike over the weekend. the senior administered asian official nearly saying that the u.s. conducted a successful counterterrorism operation over the weekend in afghanistan. as you mentioned, aaron, the taliban drone strike happen inside of kabul. downtown kabul. the taliban had agreed , as part of that agreement with the trump administration about u.s. forces withdrawing from afghanistan, to ensure that afghanistan did not become a safe haven for terrorist operations against the united states. one of the major questions here was, did al-zawahiri have any support from members of the taliban government as he was remaining in kabul? at the same time, this operation comes nearly a year after the u.s. withdrawal from afghanistan. at the time, you will recall, president biden made very clear that ev

the u.s. yield curve, but in the u.k.. we had a warning from denny branch water -- denny -- danny blanchflower who says that these will make this interesting. i want to show you the u.s. 10 year yield that would give us an indication of what investors will buy in the yield curve. european stocks down 0.8%. let's get over to our bloomberg mliv managing editor mark cudmore. mark, you are looking at -- this morning. mark: this chart was flagged to me at daybreak this morning and they got it from eric albert. it is an believable charge. it is the housing affordability chart in the u.s. as of the end of june. this white line is affordability index. it has fallen below 100. it means the median income in the u.s. is no longer sufficient to earn a fixed rate mortgage for the median house price in the u.s. high spouses -- house prices are becoming increasingly unaffordable. we saw the covid stimulus, so they are now unaffordable and they are the least affordable they have been since 1989. we have not s

reporter: the u.s.resident has filed any executive order executive order aimed at making it easier to get abortions. in june of the supreme court overturned a landmark ruling that guaranteed a woman's right to the procedure. china has begun military exercises around taiwan, just hours after the u.s. house speaker nancy pelosi ended her controversial visit to the island. beijing had warned the u.s. of serious consequences if the trip went ahead. talks to revive the 2015 iran nuclear deal are due to resume on thursday after months of a stalemate. but the u.s. says its expectations are in check. to iran and washington have been holding indirect negotiations to revive the deal that breakdown in 2018 when the u.s., under president donald trump, pulled out. the first grain cargo ship to leave ukraine since the russian invasion has sailed through the bosphorus strait in turkey to go to lebanon. inspectors boarded the ship earlier to check its cargo and document. the ship is being monitored by a joint coordinat

u.s., stronger in terms of jobs and consumer sentiment. china pmi we can for a second month but slightly above estimates. futures up .8% after a selloff on wall street. the ftse 100 edging into positive territory. continuing to watch but gas space. nord stream shut down for three days of planned maintenance. the last time it shutdown, it went from 40% to 20%, we will see if it remains closed, that is the concern amongst eu officials as they work out the plan to adjust the gas and electricity market. the cac 40 up about 15 points, you see cpi for france softer than the estimate, 6.5% was the print. ibex gaining about a 10th of a percent. let's see how things are playing in terms of assets. weighing up additional commentary from fed officials reiterating that stronger hikes are likely when it comes to september, 75 after commentary from official seems very much in play. euro-dollar back above that one level, but for how long, is the question. brent is $100 a barrel and we are keeping an eye

and that the u.s. intelligence in afghanistan continues to remain strong even though troops have left. this idea that perhaps afghanistan will again fall into a safe haven for terrorist groups is not really based on strong empirical information. but again, what does this mean for the biden administration? i think it is essential the biden administration and congress create a plan of engagement for afghanistan that focuses on diplomacy and basic needs. the first step in that direction would be to unfreeze afghanistan's assets that remain in the federal reserve. the biden administration announced yesterday it will not release those assets because the taliban was protecting also i hear you. but without that, the u.s. is harming afghanistan war. but it is not changing the taliban were changing -- they are not impacting elements course. that is important for the public to think about. it is holding these assets really making a difference to the taliban? if nothing else, is it increasing more suffering for t

china and the u.s. a little progress in the push to avert china's companies listed in the u.s. being kicked off u.s. exchanges. currency this morning, take moves following the interview with the rbnz governor adrian orr. he is concerned about retail sales and low consumption and he says currencies are getting a catalyst to push them lower. haidi: one conversation coming up in jackson hole is why this is a market that continues to second-guess what policymakers are seeing. our next guest will be able to determine if this is a bear market rally, if we are at a peak inflation, let's go to audrey goh, senior investment strategist at standard chartered bank. the fed decided it is more likely than not a bear market pause? audrey: if we look at u.s. equities, they pulled back. a bit higher would signal an extension of the rally. today probably means we get another like down. the equity market is testing the moment. there are key variables that we are monitoring. a key is the dollar because we need to see a wea

u.s. futures muted in the early asian session after the s&p 500 jumped to a high in cooler inflation numbers. we have a risk on day. the s&p 500 surpassing the 4177 level, the peak between the may to june rebound that signaled a higher high. that could perhaps mean more gains to come. nasdaq indices gained more than 20% from the june trough. it is now in bull market territory. traders pair back as bets on more aggressive said tightening given cooler inflation numbers. two year yield seeking as much as 20 basis points at one point. around the 278 level. the dollar sinking. oil getting a little boost in the new york session. that's not sustained in the asian session. haidi: the question is really on the topic of being sustained. whether the rally can continue. we are seeing perhaps a lessening in volatility markets at least. dropping below the 20 level for the first time since april. you mentioned moves in the shorter end, the treasuries. we are seeing that reflected in the aussie three year

while the u.s. and our ties -- and allies maintain sanctions on the group, it is an humanitarian and economic disaster. of the 25 million afghans are living in poverty. the united nations estimates up to 9000 jobs could be lost this year as the economy stalls. since taking over, the taliban has made several promises, such as offering amnesty to soldiers who are members of the security forces, working towards an inclusive government, engaging stakeholders in a castle, and allowing girls to attend school. the group has failed to uphold several of its commitments. for example, there's evidence of reprisal killings and the u.n. has documented 160 cases to date. according to the biden administration, the group has violated its commitment not to give shelter to al qaeda by allowing the group leader's who was recently killed to stay in a safe house. this was also one of the reasons the biden administration has decided not to release the roughly $7 billion in foreig this is one reason the biden administrati

the u.s.se of our present lives is the most or american to visit the territory for a quarter of century. beijing promising a firm response. >> we are closely following the itinerary of speaker pelosi and if the u.s. continues down the wrong path, we will take strong and resolute measures. kasia: president biden says justice has been deliver with a drone strike that killed the 9/11 terrorist, ayman al-zawahiri in afghanistan. katerina johnson thompson leads the heck athlon as the commonwealth games get underway. we begin the program with the u.s. house speaker, nancy pelosi's visit to taiwan. it is a historic moment, marking the highes ranking visit by an american official to the island and 25 years. this is that moment she arrived. there is nancy pelosi, leaving the plant the airport where she was initially met by a small delegation. in a statement, ms. pelosi said the american solidarity with taiwan was more important than ever as the world faces a choice between autocracy and democracy. for

in the absence of u.s. leadership, the prc and others have been more assertive there, sticking to shape the debate on issues like artificial intelligence in ways that are hostile to democratic norms. we see the p.r.c. and russia attempting to chip away at human rights. our bureau is working hard to counter this trend. we advance our u.s. priorities at our sessions. we succeeded in passing appropriate resolutions to renew mandates on syria, belarus, iran, and north korea growing the most recent u.n. hrc session, we led a robust joint statement criticizing the open ended mandate up anti-israel commission of inquiry. we cap the space up on -- could kept the pressure on china, and expanded the inclusion of vulnerable groups, we supported the urgent focus on women and girls in afghanistan. turning to food security, it is estimated that russia's unprovoked war on ukraine may drive 40 million or more additional people worldwide into extreme poverty and food insecurity this year. you may have noted that secretary b

and by u.s. prophets outpacing those of significantly, partly because it has a lot of exposure to technology stocks which you did not have. the weaker euro has also added another incentive for european investors to get access to u.s. assets. so we have seen, i think, quite a lot of flows coming out of europe into the u.s.. and given the obvious concerns at the moment in europe, as well as in other areas, in europe specifically around gas supplies, that is probably going to continue. one thing i would say is that europe has its fair share of quality strong balance sheet companies, and they have been outperforming in the european market quite strongly. peter -- lisa: peter, given that you do see a more dire picture in europe and the u.s., i was looking at your gp calls, and you see europe doing better than expected, at a than the consensus. and you see the u.s. economy doing worsening consensus. do you think it is time to buy into the european story because have been beaten up so much, because the

the u.s. and the global economy. we cannot emphasize more healthy taiwanese semiconductor industry is pretty critical to a lot of the u.s. tax. not even just tech but software, internet and even the carmakers. it controls like 60% and some of the high-end advanced technologies have dominated with about 90% plus of the market share. they have increased their investments in the u.s. in recent years. i think the time between the u.s. and taiwan on the semiconductor part, it underscores an importance of this and how the u.s. government could value the contribution. -- contribution to the u.s.. >> if china decides to do more, they can do other things which make life difficult. companies like tsmc, what does that do to an industry that has had a lot of supply chain issues but other supply chain issues going on the back burner? after covid, we endured covid and we saw such high demand, that is something that was just thrown off a cliff now. >> the internal semiconductor industry -- in terms of the ma

u.s. navy seals. the string of attacks and murders attributed to amman al zawhahiri is stomach churning.ch he was the ideological master behind behind the turn of al qaeda andnd groups like that toward indiscriminate mass murder of civilians anywhere, including muslims, all in the name of islamic piety and how he got there, we now, looking back at it, it seems like a straight shot, but if he dropped in at any time of his biography, you wouldn't have known, trained as a doctor, as a surgeon, a respected family in egypt, born and raised in cairo. by the time he was 15 years old he was a committed radical who wantedic to impose islamic theecacy by force all of 15 yearsfo old. when islamic militant disassassinate egypt's president anwar sadat at a military parade in 1981, he was one of hundreds ofe islamic radicals who was tried and imprisoned and tortured for years in egyptian prisons. while there he became an informant, supplying information on hisin comrades, and released fromra prison in e

for the fed, i am less concerned about the u.s. in the sense that the u.s. is self-sufficient in food and energy. it is in a better position in terms of pandemic savings, very tight labor market. i think the fed is going to continue tightening in an aggressive fashion. i do not buy into market thinking that they are going to pivot in marchm, like next year. i think they will continue with their aggressive cycle. kailey: we have seen some pushback from the san francisco fed president and we have more fed speakers today. lale akoner, thank you so much for joining us. coming up, in addition to geopolitical risk and monetary policy, another theme we are watching in the markets is a heavy earnings season. another big week in the u.s.. marriott is among the names that reported results. we will talk with the company's ceo, next. this is bloomberg. ♪ kailey: the pent-up demand for vacations is good news for the travel industry, and marriott is benefiting from that. you are seeing action in the shares to go with that. marriott ceo tony capuano this joining us with mo

so the u.s. policy is truly bizarre and very difficult to understand, not least of the desperate attempt to become friends with iran, a country that is a state sponsor of terror, and i just want to remind, you know, your audience that salman rushdie is a great personal friend of mine who was attacked, and someone tried to kill him, and that person is an activist and a big follower of the spring leader in iran, and i find it very difficult that that happened without the knowledge of iran and its proxies. and this is an attack on u.s. soil, by the way. michael: can i ask you, just to connect off a little bit more explicitly, the two threads that you started to unravel, the thread about china and saudi arabia, then threat about the united states and iran. i certainly think that those two things are related, but let's -- and i think you probably think the same as i do, but let me hear you explain the connections between the two. prof. haykel: so, you know, the view that came to dominate during the ob