we are just going to see a consolidation of abe's power. a question of how much the gains will be for the ldp and abe sunday. yvonne: even ldp members themselves have admitted the lock of opposition -- lack of opposition from other parties is unhealthy. if japan is headed for a one-party rule, essentially, is that good or bad for japan? it's good to have parties stipulate each other's heels in democracies because the parties are more accountable to the people. the ldp has been in power pretty much since it was formed in 1955. although four years. four years. when the public felt it was out of touch with reality a decade ago, the democratic party of japan came forward and addressed some things the public felt were lacking. without that accountability or he did opposition, sometimes some of these concerns don't make their way to the ruling group. democracy, it can be seen as being healthy to have two rival parties pressing to get public support for policies which will advance the agenda. so far, for the majority of japan's postwar time, it ha

abe's election will be in focus. increase is looking very likely, which mark cranfield recommends good wash upside prospects for japanese stocks. conferring aev sale of its australian unit to asahi. willapanese barrick are fund that -- beer maker will fund that with bonds and loans. the deal could have a negative impact on asahi shares because of dilution an increase in debt. but the multiple is looking pricey given the australian market. paul: let's get a quick check of business flash headlines. anti-hot airways and the indian -- restarted condition on jet airways. the report is examining funding requirements to pay creditors and bring the airlines back to the skies. last month's talks were broken down. the flagship fund has posted one of its worst performances in 20 years. financial times said pure alpha fund lost 4.9% in the first several months of 2019 but recovered this month. this is after a strong 2018 for pure alpha. anderson, axt, anna strategist at j.p. morgan asset management, will join us. this is bloombe

shinzo abe wins the upper house vote but failed to secure a super majority. we will have results and reaction. kathleen: market action into asian trading, we have to take a look at u.s. trading first. the stock market was on its way to a modest gain, mixed results on earnings reports, microsoft with a great report, netflix not so great looking over the course of the week. friday it was news late in the day iran's revolutionary guard seized a british oil tanker in the strait of hormuz. as you can see at the close we had the dow jones down a quarter-point, 68 point decline. at .75 percent loss. it is just after 6:00 in the u.s., so futures are looking to decline on the s&p 500. also wondering about the fed friday, the president of the st. louis fed repeated he is in favor of a 25 basis point cut a day after john williams seemed to be saying he was on board for a 50 basis point cut. new york had to clarify he wasn't talking about the present time. these are all hanging over the market going into a fresh trading week. how are things in asia? sophie: a frustrating

. >>> ab inbev shares pop after the drinkmaker agrees to sell its australian business to asahi to 10 billion euros. >>> and oil prices climb after the u.s. navy takes down an iranian drone in the strait of hormuz ratcheting up tensions between washington and tehran. >>> good morning, everybody. one of the names we're very much focused on, a big mover is publicics in france, down 7.5% the french advertising group has actually announced that it will be -- we will be getting more information on that. you can see that the stock is down about 7.5%. down about 15% over the last few months they have slashed their 2019 revenue guidance after delivering a worse than expected second quarter the third largest advertising group posted organic growth of 0.1%, missing market expectations as it suffered from weak ad spending in the united states publicis put its 2020 targets under review citing the 4$4.4 billion acquisition of epsilon for the move. >>> i'm pleased to say karen is around the desk with us. karen is somewhat of an expert in this field and has been following publicis' transformation is

>> i'm supporting the resolution in support of ab 5. thank you so much, supervisor mandelman, for your leadership on this, and also supervisors peskin and fewer for your previous work on this issue, as well, and to supervisors standing on the side of workers today. there's a lot of talk about future of work. these companies are talking about self-driving cars, robot people that are delivering our food. this is not what we want. we want a future we are creating today, which is a future of workers. when i talk to workers, they're working 12 or 14 hours. they're driving here from sacramento, from fresno, they're sleeping in their cars. if we talk about flexibility, no, that's coercion. so we shouldn't trade that flexibility away for what people's rights are, worker's compensation, paid sick. our labor laws that we fought for in san francisco and that's what ab-5 will help us to step forward and give these workers the rights they deserve, so thank you for your support today. >> good afternoon, supervisors. peter cohen from the council of co

sophie: ab inbev of's decision leads them -- ab inbev's decision -- if it had gone ahead , it would haveoubled the $9.4 billion raised. 2019 seeing less momentum than 2018 for hong kong when 202 companies tapped markets to raise $37 billion last year, the most since 2010. top -- hong kong is falling behind. they are on track for the best year since 2014 with $32 billion in the bank because of tech unicorns. ipo will bential more highly anticipated. paul: sophie kamaruddin in hong kong, thank you. we will have more on ab inbev 's listing. we will have more with drew bernstein, a comanaging earner of markham, bernstein and pin shook. shery: we look at what is in store for the markets with socgen. this is bloomberg. ♪ we are counting down to the citi open, start of a new trading week, futures pointing weaker -- the citi open, start of a new -- sydney open, start of a new trading week, futures pointing weaker. shery: bank earnings will be high on the agenda this week as all the big names prepared to post their numbers. su keenan joins us now your let's get a quick rap of friday -- joins us n

where does the decision leave ab inbev?downplays he also pledges significant rate cuts this year. this downgrades the country's debt. welcome to surveillance. i am nejra cehic.

abe has been prime ministerfor quite some agenda but shinzo abe has been prime minister for quite some his staying in the job. having lived there for a couple of years, i've got a minuscule amount of knowledge about it and the culture. the japanese people of the most conservative people in the world and they don't like change. they hated. and what they want to do is to have consensus so we suddenly decided that you have the best thing since sliced bread and television, we re since sliced bread and television, were going to suck you, we would discuss it, discuss it with the person who cleans the floor although out to the chairman. the politics is very similar, i was appalled to see that only 49% of the people voted. very low turnout. so if you wanted to those majority to get the radical moves through the diocese they call it or parliament here, you need a lot more than that but i think the japanese people will be very co mforta ble japanese people will be very comfortable with that that shinzo abe, who is respected globally and a degree of frustration, i would be pretty ha p py degree o

japan's prime minister shinzo abe has claimed victory in the country's upper house election.gest this coalition has fallen short of the two—thirds supermajority needed to push ahead with revising japan's pacifist constitution. translation: this upper house election was not about winning two—thirds of the seats. it was about maintaining stability. we achieved that goal. we will try to gain the support of two—thirds of the lawmakers under constitutional amendments discussing the constitution. we asked whether mr abe would be able to move forward with hiking the nation's consumption tax? yes, he has a strong majority. this means that voters seem to be ok with his overall economic policies. that is a strong signal because the upper house election is very much a regional, rural election, and many things like free trade agreement, opening the country, increasing taxes are not popular in the country. the voters gave him the go—ahead with that. country. the voters gave him the go-ahead with that. he will go ahead with that. but do you thinkjapan really needs this 10% consumption tax

a couple of years back, ab inbev acquired s and b miller. as part of that they're in talks to deepen some of the relations they have with the french kas tell group >> yes. >> do you think this news over the weekend is going to have any significance for those discussions in the future? >> yes, it does. i was trying to think about how long does it delay this, maybe about a year at most the cadence in all of this does get pushed to the right a little bit by the timing of the apo they are still quite close and they have the right of first refus refusal. it's largely seen to be that ab inbev will eventually bid for the castel group they're probably not in the position today to do it. what does castel do at the end of the day it probably wants heineken to be in as well it's j a it's just a matter of timing >> great, and just for sake of disclosure, what rating do you have on the stock? >> i have a buy on the share ab inbev sells one of every three globally it makes strong returns on capital, strong in margins i find the shares quite attractive. >>

>> the accessibility grant or the abe? so, though abe program that compliance is the responsibility of the property owner. as part of this accessibility grant application we added in there, if the request for the assistance with the abe. we do have a list of businesses i i have been case managing on specifically complying with the abe. >> i guess, i just hope you guys connect to them or get that buy-in is that we can very easily take that list i match them up -- and match them up. we can present this at the meeting, and you know, send it on our e-mail list, and what, and just try to match it up on that end if that is useful? >> absolutely. continue outreach and education and your engagements? definitely. >> just a point of clarification with the abe, now challenged and being able to absolutely identify, @ that is facing accommodation. first what needs to be submitted is a checklist to the department of building inspection to determine what category your entryway is in. so they can see by the checklist , if a business, not

i prefer abe. >> interesting. that clip is quite provocative on lots of different levels. >> yeah. >> it's really fun. >> it's about different cultural communities coming together over food. >> and we'll take a quick break and come back with more from the jewish film festival. . >>> good morning. welcome back to mosaic. we're continuing the conversation about the jewish film festival. what about the east bay opening night? >> well, the east bay opening night film is called picture of his life. this is directed by two israelis and produced by nancy spielberg. it's about an underwater photographer. all four of them will be here for the screening. and his goal in life is to photograph the polar bear underwater. and the polar bear is the most ferocious animal there is. we'll see a clip from that. >> let's take a look. >>> this is one subject that eludes me, that is photographing the polar bear in the water. he's obsessed to create these things, these images allow him to tell his story. >> he's one of the best ambassad

what are the potential markets for ab inbev?t has died down since the 2017 acquisition and the 2014 buy of oriental brewery. they will seek out japan and southeast asia. grow theiroking to premium business with higher margins. they want to go against rifle heineken.- rival potential target companies would be adverse to stock acquisitions. even so, ab inbev will want to seek opportunities to grow with asian market share, at about 13%. budweisere now on the ipo.g ipo -- brewing threedy is one of analysts covering ab inbev with a sell rating. what don't you like about company? >> it is relative to history. the environment for beer is normalized. i think the m&a will normalize. we feel there are better laces to be invested in beer, such as heineken. shery: the idea is that they see great potential in asia and you yourself say they have attractive existing businesses in china, south korea. will this help? standpoint, the way they leverage, there are opportunities. both within the philippines and thailand and vietnam. having a local l

an immediate test for abe will be how he responds to u.s. national security adviser john bolton, who is in tokyo today. trade tensions between japan and south korea are flaring and arrives amid expectations that the u.s. may ask japan to send its navy as part of a military coalition to safeguard the waters near iran and yemen. reporting from tokyo. >>> for our international viewers, thanks so much for your company. i'm rosemary church. >> and i'm george howell. "first steps 50 years after apollo 11" is ahead for our viewers in the united states. our news continues though. stay with us. moving is hard. no kidding. but moving your internet and tv? that's easy. easy?! easy? easy. because now xfinity lets you transfer your service online in just about a minute with a few simple steps. really? really. that was easy. yup. plus, with two-hour appointment windows, it's all on your schedule. awesome. now all you have to do is move...that thing. [ sigh ] introducing an easier way to move with xfinity. it's just another way we're working to make your l

your upper body, it works your abs, your buns, your thighs. it works everything. pounds and i've never felt better. - yes, the workouts are incredibly fun. hello, it's me. and they're super effective. they're tested. they're researched. they're proven. but you and i both know you need a plan. what you get today is a 60 day complete program. i give you seven amazing piyo workouts, one for every day of the week, so you never get bored. you also get my 60 day workout calendar. just follow along and you'll know exactly what workout to do on what day for maximum results. oh, and p.s., it is my pet peeve when i see these workouts that like nobody can do. so i made sure that there's a modifier. the modifier, who's my friend michelle, is going to be there with us for every single workout, so you don't have to guess. and why is one of my dogs in every single shot? - the modifier just made it easier to be able to stick with the workouts. being overweight, i couldn't turn different directions or make different moves but having a modifier definitely made things easier. i lost

also in the programme: shinzo abe looks to have wonjapan‘s upper house election, but is thwarted in hision to make major constitutional changes. would you let a robot look after your children? find out why it's a dilemma some families may be facing very soon. live from our studios in singapore and london, this is bbc world news — it's newsday. good morning. it's 8:00am in singapore, 1:00am in london, and 8:00 in the morning in hong kong, where police have fired tear gas and rubber bullets to disperse protestors after another mass demonstration against the way the territory is being run. tens of thousands of people have been marching — the latest in a series of pro democracy rallies, which have been going on for two months now. a warning that stephen mcdonell‘s report contains some flashing images. protests here used to end peacefully. not anymore. after the seventh consecutive weekend of marches in hong kong, some hardcore pro—democracy protesters have decided that escalation is the way forward, and they've been met with force. in a clear provocation, tonight's protesters moved on beiji

for shinzo abe, it's great. he has no real rivals.ant is foreign policy or trade issues for japanese people as we continue to see this spat with south korea? >> that's a huge concern. geopolitical tensions are on the rise. it's japan and south korea. it's always a concern about japan's relationship with the u.s. which has seen ups and downs in recent years. it's concerns about china and china's trade relationship with the u.s. which has an indirect it impact -- impact on japanese exporters. on that point, that's another factor that feeds into support for shinzo abe. by virtue of the fact he's been in office along, he's set to become japan's longest-serving per minister in november. there's a whole group of the population that only knows him and thinks he's the only person who can we japan in times like this -- lead japan in times like this. it's a concern but it fuels more support. fowler in tokyo. thank you for joining us. you can get around of -- a roundup of the stories you need to know in today's edition of daybreak. blue marks of

tonzo abe is on course becoming the nation's longest-serving prime minister.124 seats up for grabs. the ruling coalition needs to add 53 to its current tally to secure a majority. straight when would reinforce the status as a political force and cement shinzo abe's legacy. some in the opposition claim he has failed to deliver widespread prosperity. the electorate is divided over the sales tax hike, while social security reform has been cited as the most important electoral issue. constitutional changes are also among the hotly contested issues, tweaking an antiwar provision has been one of his policy goals. paul: bloomberg daybreak: asia it up brian fowler is tracking the elections in tokyo. -- editor brian fowler is tracking the elections in tokyo. it looks like a one horse race at the moment? >> you can look at it in two ways. on the one hand, the jobless rate is low, the economy continues to expand, and there is optimism over the rugby world cup this year in the summer olympics next year. we have seen visitor arrivals skyrocket party before this event, so t

suro abe lincoln was right. ab i don't want to find out i'm good-looking and become a total [bleep] bag when i grow up.i don - abe lincoln?abe l - stan, it's been really great hanging out with you again. i feel like you've changed somehow...ans in a really awesome way.wes - yeah, well... in a really awesome way.wes i guess a lot of things change, don't they? [stirring music] bleaaaah! captioning by captionmax www.captionmax.com >> from comedy central's world news headquarters in new york, this is "the daily show" with trevor noah. ( cheers and applause ) ♪ >> trevor: welcome to "the daily show," everybody! thank you so much for tuning in! thank you for coming out! let's do it! i'm trevor noah! our guest tonight is a journalist and author, here with a new book about the lost schoolgirls of boko haram -- isha sesay is joining us. ( cheers and applause ) also on tonight's show, puerto rico is hit by a political storm, why you're going to get zero likes on instagram, and trump releases his latest hits. so let's catc

lastly, we won't even get a chance at this unless we amend ab 1054, and ab 11 that just passed in san francisco. it makes it much more difficult for us to get public power. those of us that are advocating need your help to push for those amendments and in sacramento, next month or next year. >> to end, with regard to ab 1054, this board is on the record and very clear, i think we indicated that we would oppose it if it was not amended, and indeed we opposed it. next speaker, please. >> i am robin david, i am a retiree, i am retired from ibew 1245. i was also very active in the 2,001 campaign for public power. i am extremely designed -- delighted and excited that the seeds we planted in 2,001 are beginning to bear fruit. it is important to note, that not only this report, to my knowledge is secondhand, but as i understand it, not only does it take note of the fact that public power is concerned with the environment, but it's also concerned with rates that are at least as good as better, and better than pg&e. i would like to specifically address two issues. the first issue is that adopt

ab 1054 set up a fund to reimburse utilities for liabilities from wildfires. some of the money will come from extending a charge that californians already pay. the new law also makes it harder for local governments to buy and take over parts of the utilities. that is why all of san francisco state lawmakers voted against it. >> there are number of barriers or challenges placed in the bill at the last minute with amendments to make it harder for san francisco to expand our public power program, our municipal system. >> to gain access to that fund, pg&e must be out of bankruptcy by june of next year. it has been more than $3 million on safety upgrades. >>> new at 6, 50 black servicemen call port chicago 50 are one step closer to having the names cleared of wrongdoing. unfortunately none of them lived to see their names cleared. da lin reports that this comes on the heels of the 75th anniversary of the port chicago explosion. >> reporter: efforts to exonerate those men went back to the house floor. now the u.s. senate will get to vote on it. supporters of the sai

they are all items have i spoken to in this speech and specifically, ab 68 should be amended to allow san francisco to apply waivable standards to a.d.u.s to ensure rent control and san francisco's vigorous rent control protections remain feasible. >> president yee: there's been a motion and seconded by supervisor ronen. and without objection, that is passed. so can we take this item as amended, same house, same call? seeing so, then this resolution passes. where am i at? number 69 -- >> clerk: number 59, mr. president. >> president yee: number 59. [agenda item read]. >> supervisor peskin: thank you, colleagues, for the one-week continuance. in the intervening week, i've had the pleasure of being regaled with the land made island but not the man made island that is treasure island. they may well apply to besh ab -- yerba buena island, but it clearly does not apply to treasure island, and i want to thank our county surveyor for walking me through that relatively obvious piece of history, so i have no questions, and i will support this matter. >> president yee: okay. can we take this sa

in response to russia's offer of assistance to the trump campaign Ãb in these halls and in the countryen mueller was asked about yesterday he said "i hope this is not the new normal, but is". it doesn't have to be the new normal. if congress passes the duty report act. this legislation would ensure that any campaign, literally any campaign offered any assistance from any foreign government in any future election would mean the fbi would learn of it. 2016 was just a dress rehearsal. we can expect that the same will happen with greater intensity and sophistication in the election to come. we have a duty to act against it. taking the measure of sent to us by the house of representatives introduced for unanimous consent by senator schumer now and duty report act now so that we protect our democracy going forward. thank you mr. president, i yield the floor. >> mr. president. i would ask unanimous consent to submit this letter from 21 attorneys general saying they need more election assistance to protect against foreign interference to the record. >> without objection. >> mr. president. i as

japanese prime minister shinzo abe has declared victory ba has paused flight while further assessmentinister shinzo abe has declared victory in national elections, putting him on track to become the country's longest serving leader. but mr abe's coalition party has fallen slightly short of the two—thirds majority needed for a mandate to revise japan's constitution. the governor of puerto rico, ricardo rossello, who has faced massive protests over his leadership, has announced that he will not run for re—election next year. there have been demonstrations across the us territory since last saturday, when journalists leaked text conversations between mr rossallo and members of his administration. they revealed a series of sexist and homophobic comments, prompting calls for the governor's resignation. after several days of silence, mr rossello made his announcement via a live facebook sream. via a live facebook stream. translation: today i address you, led by the deepest respect for democracy. a significant sector of the population has been protesting for days. i am aware of the dissatisf

ask them to support ab 1505 and ab 1507. ask them to support ab 1505 we run right into these crises, and we do not leave until normalcy is restored. we'd been working for days on a site in a storm devastated area. a family pulled up. it was a mom and her kids. everything they had had been washed away. the only thing that brought any kind of solace was the ability to hand her a device so she could call her family and let them know that she was okay. (vo) there for you when it matters most. join us and get up to $650 when you switch. that's verizon. [eerie music] ♪ - alexandria ocasio-cortez. by now, you probably know her as congress's superstar freshman democrat or if you watch fox news, what would happen if stalin was good at instagram? either way, you cannot deny she's making waves, because she's only been in office for six weeks. but already, she's put forward a blueprint to combat climate change which is one of the more ambitious policy proposals washington has seen in a very long time and it's called the green new deal.

that t they--y k know, when thte kelp comes back, whehen the kelp come back, that't'll briring the abs back. man 2: i've been ouout here divg for abalone for decades,nd we've got thihird and fouourth generaration coming up that we wantnt to preseserve all t thisr ththem and foror everyone e elst to mention the ecoconomy out he. it just--it's a very special place, andnd to have the i induy brings a lot of momoney to the econonomy, and we'd likeke to se this economy built back up. man:n: and it's emotional, you know? ? because hehere--this is where i learnened to abalone-di, you u know, backck in 1999, you knknow, and to see what't's hapd toto it is, yeyeah, it's really- it's really hard to look at. catton: it's a really community-building kind of event, and it's really fabulous to see so many people energized and engaged with helping to restorore the kelplp forest. man 3: because t this is our plplayground. . we love ththis.s is--when you're talkiking about environmentalism, you're talking of people who come o out there d we play,y, we love this place.ee don't t want to sesee it hurt.te

shares of ab inved itself rose mo than 2% in today's trade.nd takes a look at this strategy. >> reporter: they sell beer in , and corona the region. sales are up 8% and up only 1% in the u.s. it is expected to increase the company's standing with investors. in the long-term, this gives ab imbed a strongest presencen the biggest beer market in the world. last year chinese consumers drank twice as much beer than americans according to data. an analyst says the market was previously dominated by low end brands and the created the premium and super premium segment in this region. ceo carlos brilgttle elling the financial climbs this ipo could be participate of a strategy to grow by acquiring them in asia. he said the number one reason to do it is to have a platform in the region that is closer to the market. it is atr segy that jeffrey's analyst jefey munday agrees with, adding local players may prefer local. already the largest brewer in asia, ab imbed is hoping this listing will help it keep growing. for n"nightly business report," frank 408 lan

abe's t coalition did ach the two-thirds majority needed japan's pacifist constitution in order to allow its military to intervene in international disputes. the japanese pifist constitution has been in place since occupying american forces created it in 1947. despite this setback abe is now almost certain to set the record for japan's longest-serving prime minister. humanitarian groups say they will resume rescuing migrants off thibe coast of at the end of july-- seven months after being forced to stop. doctort s withrders and a partner organization will use a new ship. the humanitarian groups blamed european governments for n their earlier rescue missions in the mediterranean. for the latest devopments on tensions between iran and the west, visit pbs.org/newshour. >> sreenivasan: for more on puerto rico, i'm joined now by "washington post" reporter arelis hernandez via skyperom so tl me what was the tipping point, why did these protests emerge this week? >> so puerto ro has been going through quite a bit of drama eralorically in the last s years, not the least of which has to do with h

ab inbev will use the proceeds to pay down debt.s it may still revive an ipo of its asian subsidiary. that offering was told last week. has learned u.s. regulators are investigating crypto exchange bitmex. the platform has become wildly popular in asia. it lets people make big bets with little money. investigation is focused on broke rulescompany by allowing americans to trade on the platform. over to the u.k. or the bbc and itv are teaming up to take on netflix very is plan to launch their new streaming venture in the fourth quarter. the service is called brick box. it will cost -- britbox. it will cost $7.50 a month. tom: that is a great, i'm glad viviana did that, but i did not see "love island" there. mi going to be able to get "love streaming the bbc thing? nejra: schott hall or her, i have never seen an episode. tom: that is ok. watches every episode three times. jonathan ferro loves "love island." [laughter] nejra: a no deal brexit just got a little less likely. it is much harder for the next from minister to push through a n

a good result injapan for shinzo abe, the incumbent prime minister, and his ruling liberal democraticajority in the upper house. the new york times now. the ongoing us heatwave continues to stifle the east coast, leaving over 50,000 people without power in new york state, as repairs to the overheating system were being made. next to the bbc website. india will for the second time attempt to launch a mission to the moon, following technical issues which stopped the mission last week. and finally to the the times' world section. it is a brave new world, with singapore planning a rollout of cleaning robots to help out around the house, to be controlled through an app, at a monthly price of £800. robots replacing humans. there you go. with me is market commentator david buik. we were talking earlier this week about the importance for the uk, or papers are leading with that but the metro has got hammered exit, this is him announcing on bbc yesterday morning on the andrew marr programme that he is going to go before his sack.

shinzo abe's election, not a supermajority but nonetheless good for mr. abe.t feldman of morgan stanley, the arch watcher of japan within the english-speaking world. we are thrilled to have you with us today. i want to go back to your 2001 book, i will butcher the japanese. over" -- is this a chance for shinzo abe to start over? robert: i think it is. what has happened in the last year and a half is that politics have overwhelmed the policy agenda. year by year policy reports had less and less reform in them. from around april or may, there has been a real acceleration of discussion in the background about important policy initiatives on pensions, on medical spending, and agriculture. those are the things we have been waiting for. now that the election is out of the way, it is time for shinzo abe to refocus on those. if he does, investors will respond positively. tom: what is the split between urban and rural japan? is it a new story? robert: it is a new story and an old story. the old story is the diet remains heavily skewed in favor of regional areas. there

ask them to support ab 1505 and ab 1507. >>> people who rode out the strong california earthquakes thoughtght be the big one. the ground in the desert around ridgecrest hasn't stopped rumbling and rattling for several days. thousands of aftershocks have followed two massive tremors thursday and friday. a lot of scientist predict even though it's not the big one, it's probably not that far away. aleksandra, peop people who live there aren't easily surprised by them. but these were two powerful jolts. are people scared? >> reporter: yeah. they knew the possibility the second would be larger. that was stunning. aftershocks have sparked some anxiety among the people who live here. you can see how powerful the 7.1 was when you check out this drone footage of the rupture lines running through the desert. this goes beyond this community. this is a warning to people across southern california about the reality that they live with. you have a seismologist saying people in this part of the state should expect to see a magnitude six or greater earthquake every few years. >> we have gone 20 years with

so join parents, teachers and educators in supporting ab 1505 and ab 1507.ur state senator today. >>> a judge has now ordered that health experts be allowed inside detention centers holding migrant centers in texas to make sure the facilities are safe and sanitary. last week a team of lawyers, doctors and advocates said the children at one facility were being held in deplorable conditions. our next guest has treated dozens of migrant children in the el paso area and he says that medical screening process at cbp areas is, quote, absolutely unequivocally inadequate. doctor, thanks for joining us this morning. >> good morning. thank you for inviting me to discuss what's going on down on our border. >> you've been down in el paso for the last ten years treating migrant children. how many cases are you seeing now compared to years past? >> i'm seeing a lot fewer now in the last few weeks. in the few weeks past we were seeing literally border patrol and ice were releasing anywhere from 600 to 1,000 patients. now we're seeing about 100 a day. and prior back in 2014

ab inbev of is selling carlton united for a $11 billion. and an ipo of its remaining asian unit is still in the cards. and a downed drone. oil snaps several days of losses after president trump says the u.s. has downed an iranian drone. matt, good morning. matt: we are less than 30 minutes away from cash trading across europe and in the u.k. take a look first at the 10 year yields. a big debate today about whether the fed rate cut, almost a foregone conclusion, will be 25 basis points or 50. as a result, the yield continues to come down. up a little bit today. still, if it is a 50 basis point cut, expect to see the yield fall further. look at futures. european equity index futures pointing up. dax futures gaining. cac and ftse gaining also. : the markets have faith in the original statements from william. the asian equity market getting a boost from officials despite the walk back. the market buying into the idea that perhaps there is a little more than 25 basis points in july. not convinced of 50. certainly, we see a live conversation in t

shinzo abe winning the upper house but missing super majority. we discussed the implications the sales tax, the economy and the constitution. all that is coming up. this is bloomberg. ♪ ♪ welcome back. shining.is a star has been born and it's on day, shining ever so brightly. we are talking about the star market of star board on the chinese mainland. we were talking about how everything is up. a couple hundred percent in some cases. yvonne: triple digits for some of these stocks. i've think it is taking out we are talking about the star market of star board on the chinese mainland. heat. we put it all together in the terminal for you to see. reporter whor mliv watches the chinese markets for us. she joins us from seoul. what do you make of this debut today? how sustainable are these gains, really? um, i think it is sustainable. the new board is causing liquidity to rain from the mainboard. we see the incident when the new .hares are offered when the ipos were offered, the shanghai copper said took a hit. i think when the shanghai well, thecannot

ab inbev still needs to get their debt down.model,inbev's investors were not thrilled to see that happen. some questioning if they could go back to that platelet -- that playbook. lisa: and there bonds are trading down today, as you would expect. and they made their names on buying things, not selling things. can they turn into their other guy -- into the other guy? brooke: that was the big appeal about the ipo. it was about getting a currency they can use in asia to get deals. they could use that stock to make acquisitions in some upstart growth markets. that was.deleveraging brooke sutherland, thank you very much. coming up, we bring you empire manufacturing data. we are seeing a mixed day in data, but u.s. equities are up a bit ahead of the open. from new york, this is bloomberg. ♪ hey! i'm bill slowsky jr., i live on my own now! i've got xfinity, because i like to live life in the fast lane. unlike my parents. you rambling about xfinity again? you're so cute when you get excited... anyways... i've got their app right here, i

ask them to support ab 1505 and ab 1507. . >>> taylor swift's music catalog has been sold, ask thnd thisal is creating some bad blood. the pot music superstar is calling the deal her worst-case scenario. this has happened after a company owned by scooter braun paid $300 million for the rights to the record label and swift's music. this sale prevents swift from owning the first six albums in her catalog. in a lengthy tumblr post, swift lashed out at scooter braun, claiming she has been bullied by him for years and accused the former label of blocking her from buying her own music. she said for years i asked, pleaded for a chance to my own work. instead i was given a chance to earn one album back at a time, one for every new one i turned in. adding i had to make the excruciating choice to leave behind my past. bill warty is director of entertainment industries at secu syracuse university. bill, thank you so much for being with me and again, when she talks about this being her worst-case scenario, spell it out for us. why is this awful for her? >> well, i think there's two things happening

t what ab a suit that wicks news 4's justin finch shows us about. electr bonded >> rep pinch between resear could help answer fashio bigges question. teemed u with the textile answer that led to this martber mper sweat a little bit, it gets like humid. and soon this maryland made athlet innovating. you ma already know their yoga appare but their office travel commut and items like they blend the fabric and the airpor maybe even a business our news 4 interns gave it a go. how are you feeling in those pants? >> i feel great. they'r very stretchy. easy move. i can move around in them.e thy'r breathable o.to questi could we work better wardro innova and another for justin finch, news 4. >>> good morning, everybody. dog walking forecast time to iggy here available at the she smiling all time. she'd be happy to bring a smile go to humane rescue.org. dog walking weather, good. get those miles walked this mornin bliste hot pavement and any in sight? >> at 6:30. a live look outside. believ me,folks, it is there. 79 degrees outside our studios n thigs are onl

prime minister abe was telling me japan is a different place. they had missiles going over japan on a constant basis. so i hate to hear the media give false information to the public. when they say what has been done, what has been done? a lot has been done and there is a good feeling. on behalf of president moon, he feels much better -- even chairman kim. he feels much better. they cannot have meetings. nobody was going to meet. president obama was going to meet, and chairman kim would not meet him. the obama administration was begging for a meeting. they were begging for meetings constantly and chairman kim would not meet with him and for some reason, we have a certain chemistry or whatever. now, let's see what happens. we have a long way to go, but i'm in no rush. sanctions are on, and i am in no rush. i am in no rush with iran. i am never in a rush. if you are in a rush, you get yourself in trouble, so i just want to say that we are going to dmz andng out to the something i planned long ago but had that idea yesterday to maybe say hello, jus

talking aboutbe the bank of japan, but looking at prime minister abe and the next fiscal stimulus that they are going to be preparing. yvonne: is that enough, then? that combination of monetary and fiscal to offset what impact we could get with this sales tax hikes later on this year? jesper: absolutely. i'm very bullish on this and if you look at the data, the sales tax hike from 8% to 10% on october 1 is going to raise about ¥3 trillion of additional tax revenues. the supplemental budget abe has put into place will give back almost ¥2.5 trillion the japanese households, so this time around, the sales tax increase in japan is not going to do much damage. david: jesper, you are staying with us. we are talking earnings and investment strategy next. jesper koll out of wisdomtree investments. coming up, the trade war rumbling on or perhaps -- casino stocks worth the gamble? whether investors should deal, hold, or both. rishaad: plus, pompeo saying he would travel to tear ran to take the message to the iranians. that interview is later in the show. this is bloomberg. ♪ david: breaking, our

so join parents, teachers and educators in supporting ab 1505 and ab 1507.ll your state senator today. >>> for all the talk about flyover jets and armored tanks at donald trump's fourth of july event on the mall tomorrow here's one thing he was probably not counting on. the where's waldo of the resistance movement, that 20-foot-tall baby balloon and the likeness that has followed him to new york, to paris, to london and now will be in washington, d.c. we should note it will likely not be flying. the national park service says they can't use helium. so there will certainly be a gathering around the lincoln memorial. i'm sure there's a gathering around the baby balloon as well. >> we're talking about whether the president will stay on script. this is just the kind of thing that would bait him to go off script if it is somewhere in his eye shot even if it's not launched up into the air. that would be something that would tick him up. there's any number of variables here. we were talking about whether it's going to rain or he's going to have a small crowd size.

paul: going forward, what are the greatest risks for ab inbev?y matters beyond their control? two major risks. one is that their debt is largely in u.s. dollars and euros and that they are very own -- very heavily weighted toward emerging markets. you are seeing an acceleration in declines in the beer category of they are really fighting an uphill battle to try to sustain volumes. they are doing a good job of premium rising -- premiumizing, and they've had a real winner in michelob ultra, but 70% of their u.s. portfolio is really vulnerable. particularly as this hard couldr phenomenon accelerate and make it harder for light beer to grow. paul: let's talk about the debt pile. if they are going to have another go at that ipo, how critical is it to get that lower? >> just to clarify, the us trillion deal will not close until the first quarter of 2020, sales price,llion they won't get that cash yet, but i think it is interesting that they are very keen to pursue an ipo in asia that says either they really feel anxious about reducing that debt quickly