incredibly difficult circumstances here in adre, on the border, at these refugee camps.veryone we speak to says the same thing -- they want the international community to intervene, if necessary, by force. zein basravi in eastern chad for "inside story." ♪ mohammed: alright, let's go ahead and bring in our guests now. in london maysoon dahab, co-director of the sudan research group at the london school of hygiene and tropical medicine. and here in doha, abdelwahab el-affendi, a former sudanese diplomat and now a professor of politics at the doha institute for graduate studies. a warm welcome to you both. thanks for joining us today on "inside story." abdelwahab, let me start with you today. so the conflict began around khartoum, the country's capital, but the country has spread to many parts of the country. why has darfur become one of the main battlegrounds? guest: i think the therefore, was a starting point -- i think darfur was a starting point for the militia which is not terrorizing khartoum. before that they were as the conflict from the 1990's which unfortunately

two closures are impacting the drive in the bay area, and southbound lanes of six adr work . they are paving. the shutdown started last night and lanes are scheduled to reopen monday at 4:00 a.m. details are in place. the closure only impacts southbound lanes. people came together today to celebrate inclusivity and community. all during the first-ever pride parade in one bay area city. we check out the highlights. ♪ another parade first today, th one in san francisco. it kicks off a month of celebrations of african-american culture. >> cloudy skies over the bay area and a slight chance of isolated showers. i will let you know how long the conditions last. when i was his age, we had to be inside to watch live sports. but with xfinity, we get the fastest mobile service and can stream down the street or around the block! hey, can you be less sister, more car? all right, let's get this over with. switch to xfinity mobile and get the best price for 2 lines of unlimited. just $30 a line per month. i should get paid more for this. you get paid when you win. from xfinity. home of the

adr's. they trade mainly in zurich.f you look at the broader market, the s&p has gone back in the rally mode. now up 1.1% at 4376. not at the big 4400 we topped last week but we snapped a two-day losing streak. nasdaq is claiming as tech stocks bring us back. fixed income, we do see investors selling bonds to some extent and yields rising pretty much no matter where you look across the curve. two-yeartwo-year there is the. -- there is the two-year. if you look at the 10-year, 376. let's bring in marilyn watson over at blackrock to talk about this market. it is still all about the fed really. it is still all about the debate. are they done raising rates? are they going to raise one more time in july? my think about twice again as the dot plot signified? what do you think? marilyn: good afternoon. in the bond market is a lot about central banks. not just the fed but the fed in particular as we look to july. the market is pricing in another 25 basis point hike in july. from there we saw the fed's own projections were actua

maybe a little bit of a slowdown in the price of rooms, but year over year basis, adr is up across the the demand is there. people seem to be prioritizing services and getting out over some other areas of spend. >> i want to focus on one point. people are leaning toward staying at hotels in it traditional travel that is a negative for airbnb? >> look, i think the short answer is yes. airbnb had a spectacular last two years. not just in sense of them being the only game in town if you want to get away and travel, but really just the new customer acquisition opportunity. so many new customers and types of demographics seeking out the platform because it was the only safe way to travel we think the customer cohorts they acquired will payoff. people will still use vacation rentals, but growth will normalize a bit. the traditional hotel operators and booking sites will see a little bit of a share shift tilt back. >> the traditional travel sites. i want to talk about new opportunities and experience business airbnb and uber has gotten into that where is that right now? >> it is still relativ

adr is worth about 63 it's a 10% discount today.far i haven't seen a change on that. >> what about the new ceo? part of the statement is the company's going to focus on performance, simplification and that seems to raise some concern for investors and the core business. >> i think that was the first step in 2020 they came out with a basic gdp that included a dividend that was not well received you can see that in the valuation of the share since then i think it's to cause control, keep the focus on the core hydrocarbon business while stepping out in areas that make sense from energy transition i think those have been the core messages resonating. we're going to stay focused, and when we do spend on carbons, it's going to make sense. >>> a new report that growth will start to taper off in the next few years especially follow russia's invasion of ukraine consumption in 2024 will grow at half the rate we're seeing this year what does that make you think about the your y'all sector of shell and some of the other big names out there? >>

the adr listed shares of credit suisse no more, they've been delisted from the new york stock exchangelly, this. a big weekend in golf. nick taylor wins the rbc canadian open. thanks to this wild 72-foot eagle putt. >> good pace. are you serious? oh, my goodness! glorious and free. cheryl: are you serious? that's what he said. but the moment may have been spoiled by an overzealous security guard, fellow pga tour golfer adam hadwin was tackled to the for walking on the green. a lot of people ran over to the security guard, said look, you tackled a pro golfer. so that kind of stopped the whole thing, maria. maria: oh, gosh. thank you, cheryl. cheryl: you bet. maria: wild. all right, former president trump reporting to a federal judge tomorrow in miami. he is facing 37 counts over his handling of classified documents. i spoke with harvard law professor emeritus alan dershowitz yesterday to get his reafntle watch. >> i think this is a much stronger indictment than the bragg indictment but it's the product of targeting and the question is, can you prosecute somebody when you targeted that p

. >> we're holding the adrs in this etf you have tesla, rivian, nio, essentially the top three leaders of all vehicles sold in china were evs. those are companies selling them n the u.s. it is tesla and vivian. we want to get to the pure ev vehicles. ones that are highly capitalized, liquid enough to trade and not worry about them. charles: the bottom line, i'm not sure i'm a skeptic i don't know how well the industry would be doing without all the government money being spent but it is what it is, right? to your point it is becoming a juggernaut. it would be crazy for an investor not to have some exposure to evs right? >> i think evs are the future of automobiles. if you have a.i. the future of technology, ev is for sure the future of automobiles. charles: sylvia, congratulations. >> thank you. charles: folks coming up president biden is pitching "bidenomics," or at least trying to turn around what it means. it is not really a compliment right now. i have peter st. on coming on at 2:40. also disorder. you will hear a lot about disorder, get ready. liz ann sonders unveils framework she

both adrs so they're international names allowing them to give diversification to your u.s.io. >> let's talk about opera first. tell me a norwegian browser. what do they do? >> they're a smaller cap name and 1.7 in market cap and they provide a native web browser focused on ai and it's called aria how appropriate for an opera to have a product named aria. >> they do paint an attractive balance sheet and we believe that this is the very same type of capabilities that baidu is developing with their earning bot solution >> what about, for instance, when chrome starts to integrate this or obviously what microsoft and bing have done most people say i want to play ai through those names because if something goes wrong and if the market isn't -- they can't mediate themselves so we'll just stick with these platform companies. >> the only thing i would say, kelly is there will be more than one winner in the ai race. certainly microsoft has a head start and tons of cash in the balance sheet and their multidollar investment in chatgpt, but don't forget about ibm either they have a yiel

this is just one of the many incredible stories we are featuring on sports focus, adr sunday morningvu. looking forward to it. it really was a team effort. this time to get it on. so i'm very excited and happy that you're a part of it. i'm happy to be part of it. what an inspiration. a couple of guys there. i mean, what a remarkable story there to tell and the work that they're doing in theyou lo. we'll hear from them, their mom. it's going to be good. all right, christina, good work there. thank you. so the column, the attorney general releases a scathing report about the minneapolis police department, th sults announced what he says was a pattern of discrimination in the department as fox's madeleine rivera shows us, the attorney general says it's those practices that, in his words, made. what happened to george floyd possible. all frustrations with the minneapolis police department had been boiling even before george floyd's death in 2020, says the justice department. in a new scathing report, the doj says mpd had a years long history of violating the constitution and federal law.

and i should say that, you know, for the record,rug adr homeless people are individuals. >> drug addicts are individuals. and part of the problem, i think that a lot of rational people feel is that we're we'rea not treating them like individuals. we just havels policiesll and they're well intended policies. but the unintended consequencees are mind boggling. and to your point, the unintended consequences of paying off hundreds of billions of dollars in student loans are many. and among them is the complete reverse incentive, the utter lack of motivationf, a decision like that would would have on as ituniversity who mightwering t be considering lowering or .owering their tuition is just not going to happen, you know. >> and so everything, you know ,it's like pulling on a piecen a of yarn, on a quilt, everything rumpole's and bundles up further away. and that's what we're seeing at's overs with student loans. that's what we're seeing v with vocational education.l eduo in which we stupidly, inyear my view, pulled out of high schools, 40 , 50 years ago. home and so the chickens are coming ho

alibaba down in the hong kong session, down 3%, happening that with adrs and how they could possibly deliver change amidst the restructuring plans. ♪ rishaad: there goes, sports group, joining for a breakdown of japan's market and where they see tailwinds. ♪ thanks to avalara, we can calculate sales tax automatically. avalarahhhhhh what if tax rates change? ahhhhhh filing sales tax returns? ahhhhhh business license guidance? ahhhhhh -cross-border sales? -ahhhhhh -item classification? -ahhhhhh does it connect with acc...? ahhhhhh ahhhhhh ahhhhhh 5-hour energy. think of it as 5-second coffee. for when you wake up too late to make it. or you don't have time to wait in line for it. or you're just too busy for a coffee break. 5-hour energy. the 5-second coffee. david: we are 15 minutes into the session. alibaba down leading the losses across the tech space. new management in place. stephen engle, our chief north asia correspondent is with us. stephen: it looks like this is a demotion for daniel zhang. i agree with bloomberg intelligence, it is simply shifting daniel's emphasis to the clou

the shares and adrs were down for an a half percent.ce that high in october 28 of 2020, just before that regulatory crackdown, antimonopoly measure from the chinese government beginning and clipping the wings of this once all-powerful e-commerce giant -- giant which was in many areas of business. coming to this beginning part of the year, we had the soon to chairman and ceo launching a very wide ranging restructuring to put this company into 16 units. they are all going to be able to fund raise independently and be able to go ipo and five of the six units could be active over the next 18 months. it leaves investors with the choice of do we want growth or profit or both but very few of those divisions are poised to provide that in the immediate or near term. with the exception, perhaps of the core bread and butter e-commerce division which produced about 67% of revenue. and that is going to be led by eddie wu, it has been as the head of e-commerce and now he's going to be the ceo. to continue that going back to the bread and butter e-com

if you look at all the chinese companies listed in the adr form in the u.s., you do not own anything.ou have no ownership of those assets. there is risk in that. the education companies disappeared in china. they have been confiscated in europe. if you look at german utility, they bankrupted the german government. that is part of doing business investing wise. that is risk in every area. it is not unique to this or anything else. >> how do you see the stock market in india performing against china in the long-term? >> if you look at the corporate earnings growth, if i were to ask you what is the corporate earnings growth for the last 10 years, msci india versus msci china, most people would not imagine that corporate earnings in india has been far better in dollar terms than the msci china. so if you believe corporate earnings drive stock prices like we do, i do not see why indian markets would not outperform the chinese equity markets. because the regulatory risk in china is tremendous. we have seen that. yvonne: we have got gq g partners chairman and investment officer rajiv jain th

correspondence joins us now, we already saw the jump in the chinese yuan against you on dollar in chinese adrsive reporting could we expect a bump in china trading as well? >> yes, exactly. the news broke after the close of trade in hong kong and mainland china. we did see up until the close property stocks rallying on friday so we could see a continuation of that today. the news is really that beijing is basically listening and looking at the data, aware of the fact that all of the measures -- those 16 point measures introduced late last year to put a floor on the housing market, are not working or are not as effective as expected. we are looking at reducing downpayments. it is a demand side stimulus package. we don't know when this is coming, there are still a lot of questions around this, it is about tinkering the existing support policies but it is a strong signal that beijing is looking at this. this is exactly what the market needed. >> we did see a big run-up in luxury stocks and china got a lot of credit for that. but now that that opening is running out of steam what is happening in l

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