south africa's anc was once seen as sackur. south africa's anc was once seen as an sackur.frica's anc was once seen as an inspirational model for africa. now it is becoming a watchword for infighting, cronyism, corruption and the dangers of 1—party rule. president jacob corruption and the dangers of 1—party rule. presidentjacob zuma stands accused of abusing his power not just by his stands accused of abusing his power notjust by his enemies but by many erstwhile anc colleagues. my guest today, fikile mbalula, was made police minister in a recent controversial cabinet sha keup. as the scandals pile—up are we witnessing the slow death of the anc? fikile mbalula, welcome to hardtalk. let's begin with a simple question, there is no doubt the anc government is in crisis, who do you believe has the responsibility for that crisis? well, i wouldn't say it is a crisis. i would say we are undergoing some challenges in relation to what is happening now. and i think it is a test of time, which has happened not only now, over a period of time anc has been tested. it has emerged victori

and indeed, we as members of the anc, and in particular the national executive committee of the anc,guided by corrupt acts nor cronyism. how can you tell me it is clear that the zuma government hasn't been captured by these powerful private interests when we know that the former public protector, thuli madonsela, highly respected, she wrote a report which provided evidence that state capture was happening, and that she said that we now need in south africa an independentjudicial investigation? that is a call that has been repeated in the recent past from cyril ramaphosa and yet you have failed to establish this independentjudicial inquiry. why? steve, you will know that as much as there seems to be an overwhelming view which is contested in our country, thulisile nomkhosi's report is a subject of contestation. remember, there was a long debate and argument around that, including the evidence that was supposed to be led and given by the president and by all those who were actually implicated. so, it is not correct to suggest that that report is cast in stone. the report is being conte

afrikaner establishment during the apartheid era, and which he now uses to lampoon jacob zuma and the ancare there are dangers in playing south africa's recent history for laughs? pieter—dirk uys, welcome to hardtalk. thank you. you've made a career and a life out of humour, and pretty subversive humour. but would you say you're fundamentally driven by anger, or is it something else? i think anger is a very important motivation, after all these years, and especially in the beginning when i was very quiet and very scared of opinion, because most of it was illegal. so actually i try to keep a balance of 49% anger, 51% entertainment, not the other way around. and what about another word — sympathy? when you target people, and we will talk, through the course of your life, about the targets you have picked upon — whether it be white or, in the more recent past, black leaders of your country, is there any sympathy at all within you? there has to be some compassion, even if they are not on my side, or vice versa. like pw botha, there by the grace of god. and there are some i don't do — i find t

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his campaign to be the next leader of the anc seems to be gaining steam.ix months ahead of the succession bid that will play out in december this year. his approval rating is at 66% from 53% just six months ago when the first bid to oust president jacob xoma was set before the anc's executive committee. matt: what are the possibilities in that he will be called to step down? a lot of people would assume it would end in his ouster but it seems to be he is the teflon don here. >> he has definitely survived. the most motions to have him ousted as president. the credit rating downgrades the country suffered after his onprise cabinet reshuffle march 31 seem to have mounted the pressure on him from within the anc's ranks to have him removed as president. were expectedings to release a ratings review on the country's growth prospects. that is something that could be a pressure point in terms of whether the country will see more downgrades. how growth fares in 2017 as well as the market reaction to this president going forward. matt: thanks for a much tomorrow --

and this place where we are meeting tonight is actually expressing that them because it from ance ofistory, earlier regime to the liberation of paris to the french revolution to the boldness of this pyramid -- this is the place where all the french people of all the various components of france, have gathered. this is a place where france lookingn the world is upon us, upon france, because tonight it is the world that is looking at france. world are waiting , are waiting for us to defend everywhere the spirit of the unlike amendment that has been a common thread in so many different places. to defendxpecting us freedom. they are expecting us to protect the oppressed. they are expecting us to carry forward a new form of hope and humanism, that of a safer world, arerld in which freedoms defended, a world of growth, of greater justice, of more ecology. finally,expecting us, us, together, to be what we are -- task ahead of us, my fellow citizens, is immense, and it begins already tomorrow. it means that we have to moralize public life. it means that we have defend our democratic vitality

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i have a 65% higher ance of developing diabetes. no matter who we are, these diseases can be managed or prevented when caught early on. because with better research, the right medicine, and with doctors who help keep me healthy to begin with, we will thrive. ♪ of providing reliable ener and th'll never change. what is changing, is our name to dominion energy. it's a reflection of our commitment to ener innovation and renewable sources ke solar, wind... and cleaner energy like natural gas. and we'll continue to innovate, upgrade technology, protect our environment and serve our communities. dominion energy. more than a new na, a new way of seeing energy. >>> a marvelous may afternoon. good afternoon, i'm storm team4 teorologist tom kierein. look at the potomac river reflecting that gorgeous cobalt blue sky. there's the newly refurbished capitol dome gleaming in the afternoon sun. this time of year, 75 in washington. a month from now, it's 84. right now, near the average high. reagan national at 75. beautiful afternoon. winds gusting

ance political social ffering divisions are enflamed a week before the country's final run-off presidential election. >> fox news lost another executive. a few munth -- months after the souther of roger ailes. >> fox news co-president, bill shine has been forced out. abc's chief business correspondent, rebecca jarvis with the latest. >> reporter: another shake-up the factor begins right now. >> reporter: just two weeks after the network's star anchor bill o'reilly was ousted after growing sexual harassment allegations. >> fire bill o'reilly! >> bill shine, head of programming, stretching down. the head of fox's parent company, rupert murdoch saying, his contribution to our channel and our country will resonate murdoch's sons, james and lockland reportedly pushing for shine's exit. just as they did with o'reilly. eager to clean house in the wake of sexual harassment and racial discrimination claims. it is the third high-profile departure at fox since former network boss roger ailes was ousted over bombshell harassment allegations last summer. but at least one fox anchor, sean hannity standin

just president g7, there will be our new leaders in the g7, including president mack brown, prime ance, as well as minister maye. alk about how the external factors will weigh on the meeting. uest: what we have, some veterans and some newcomers, ing in policy st ing erms, taken a different tack from president trump, but he's an outsider, too. - so that, people bring those perspectives, those backgrounds and those domestic context of for sure.ng we have wanda calling from on the oga, tennessee, democrats line. good morning. caller: hi. wondering when donald pushed his way to the front of the leader pack and was in front camera, like he don't like the reporters, what did the think about him pushing his way up there? saw a see a child, like i child? guest: thank you. o, that has certainly made its rounds on the news and i think was seen push that around the world. i think it is something from officially, i don't think the montenegro will try to make a big deal about it. willingness to find ways to work administration. the europeans consider it important, united states is important trading

he twisted his anc until game five, missed game six in houston and gregg popovich said he will play tomorrowad news for the doves but one man does not make a team. >> the giants and reds technically playing two today because the game didn't end until after midnight. last night was a 17-inning affair ended on a posey walk-off homer. it enld at 12:44 a.m. so since you may have missed it, here it is. >> high drive, left field, it it outta here. >> the latest walk-off homer in innings in history. a game that will features no relief pitchers, spawn and juan mara shell went the distance. posey also cut all 17 innings to well earned day off for him, so reds again today mother's day pink uniform, bottom first brandon belt a pure splash hit, 1-0 giants. bottom two, just continue ra januaryio, the dead center of the 399 into the veggie garden for his first homer as a gientd, 2-0. now top 7, scorch dollars one back in the right place in the right time on a day when they needed it more than 7 and a third gave up just one run. then top nine derek law on to close. hits it off the side of the mound, no pro

ance .... .... substance abuse treatment for the families whose kids are discovered to be on opioids. and i would yield through >> i yield to the chair out yielding the floor to the senator of new hampshire to describe her challenge. >> in new hampshire, where we have the second highest percentage of overdose deaths in the country, we lose more people in new hampshire to deaths from overdoses of opioids and fentanyl and heroin than we do to car accidents. and the ultimate percentage of those people, 90% are getting treatment for their surstance abuse disorders through the expansion of medicaid which has been a bipartisan program in new hampshire that has covered about 60,000 people, many of whom are getting treatment for substance abuse disorders. what you are telling me from the cbo and that based on the plan that passed the house, that the republicans supported, those people who are getting lifesaving treatments for mental health issues and substance abuse will be kicked off their plan and not hav

as an anc community advocate addressed the crowd cars continued to fly by. we need to set the example, you guys. this got to stop today. this they're speeding right now as we're standing on the treat, they're going 80 miles per hour there's a park, a playground. you see that and a school zone. so we're asking the city to put a speed bump up now is a little too late, a walkway for our kids to get back and forth across the street. their little l boy who loved football and bars is gone and they don't want to see this happen to another family. >> happy birthday to you. the driver of car that hit exaif xavier was hit by police. the investigations is ongoing. i called mayor muriel bowser's office just to ask whether they were aware of this and let them that the community is really calling for these speed bumpses and a cross you can what. they event s us a statement reading in part as we continue our work on vision zero the district government will review and implement safety measures. vision zero of course being their road safety project. the mayor's office did al

could step into a sensitive issue inadd ver tantly, given the people advising him that a not very ancedtheir views of islam. the second question is -- >> the credibility which the president delivers the speech, how do they negate the rhetoric, knowing it could pop up, we don't have that excerpt. stephen miller, who we are familiar with his feelings, is the author. >> it's people like steve bannon, the president surrounded himself with a number of people with extreme views on islam themselves. but, the second question, really, is can one speech, you know, establish a new u.s. role, presence, view of the united states in the region. remember back in 2009, president barack obama gave a speech in cairo on the middle east and the middle east intervenes and imposes an agenda. two years later, the arab spring, not about the united states, and we have been trying to pick up the pieces since then. a speech, in and of itself is not going to be enough. even if the president gets the tone correct. >> again, i get back to the credibility. if you go back to 2009, think about the time there after, don

the anc commissioner here contacted me. he says this is the majority, minority population. the orange line means opportunity here. five miles of track will be shut down, but here the impact feels much bigger. >> to use a tried and true line, if they had done this in the red line, they haven't done it with less than 30 days notice. >> public schools will be in session during this shutdown. this ward has a lot of them. the second most district wide. >> if we could just wait, how many more people this easier for? >> metro did not do a dediscrimination study for this shutdown. this is temporary. this is for safety. so it is not required to do, though many here tell me they would like to see one. in northeast, pete, wusa9. >> one more metro note tonight. it's about quick action by the transit police force. it took them just seven minutes to track down a robbery suspect and take them into custody. check it out. police say he robbed a woman on the platform at congress heights and then jumped on to a train. the folks at metro security operation center got to work with their close c

. >> tiger woods played golf at a level that no one before him or ance him has played and may never play again. anat's got to be hard to deal with when your best days, and they are that good, are so far behind you in the rear-view mirror. >> reporter: we reached out to woods agent but did not immediately hear back. jeff, if found guilty, under florida law, woods can be fined up to $1,000 and face six months ry prison. >> glor: manny, thank you very much. more than $1 million has been raised online for three good bbmaritans in portland, oregon, uro were stabbed while helping ao women targeted during a s.te-filled rant against tslims. two of the men were killed. president trump tweeted, "the violent attacks in portland on friday are unacceptable. the victims were standing up to ente and intolerance." ureya villarreal has more. ou he told us to go back to saudi arabia, and he told us that we shouldn't be here and to ort out of his country. >> reporter: 17-year-old destiny mangum and a muslim friend wearing a hijab were riding a commuter train on friday afternoon when they became the targets

black, not white, the community of eldorado park south of johannesburg feels unheard by the governing ancminority rule while others say the protests are justified. the government must act to build houses firstly, then the community, but take the government seriously, but if they don‘t start, will take the government seriously, but if they don‘t start, we will not stop until our demands have been met. but our protests in south africa is to start to build. blockade of the streets, no cars pass, no one goes to work. that happened also before democracy. that is how we put this government in action. this woman has been on the housing waiting list for more than 20 years. she lives in a one—bedroom house with family members. i feel frustrated, i feel very disappointed in all of this. now because of us young people who can't get houses, we have to come crowd my mother's house. you vote for nothing. you vote for houses you don't get the house, you vote forjobs, you don't get a job so it hasn't helped. we struggle a lot in the south. i don't know what to say but i'm struggling with my children. the

south africa's anc was once seen as an inspirational model for africa.m, corruption and the dangers of one—party rule. president jacob zuma stands accused of abusing his power notjust

decided nothe anc to call the vote of no-confidence despite increasing pressure to step down.arked public protests and cost south africa its investment grade rating. u.k. have arrested two more people in connection to the manchester bombing. more than 1000 people are working on the investigation to determine whether the bomber was working on his own or part of a wider terror network. the explosion killed 22 and wounded 100. hong kong has criticized moody's, saying the decision to downgrade the city's debt rating was based on "shallow evidence o." paul chan said it cannot be considered negative as the mainland is the global growth engine. for theut china first time since 1989. googles artificial intelligence program has completed a sweep of its opponent. after the latest defeat, he said alphago is perfect with no flaws or emotional weaknesses. veteran said it would be years before computers could master the game. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. i am paul allen. haidi: thanks for that. s

black, not white, the community of eldorado park south of johannesburg feels unheard by the governing ancfe was better under white minority rule while others say the protests are justified. the government must act to build houses firstly, then the community, but take the government seriously, but if they don't start, we will not stop until our demands have been met. but our protests in south africa is to start to build. blocade the streets, no cars pass, no—one goes to work, that happened also before democracy. that is how we put this government in action. this woman has been on the housing waiting list for more than 20 years. she lives in a one—bedroom house with family members. i feel frustrated, i feel very disappointed in all of this. now, because of us young people who can't get houses, we have to come crowd my mother's house. you vote for nothing. you vote for houses, you don't get the house, you vote forjobs, you don't get a job, so it hasn't helped. we struggle a lot in the south. i don't know what to say but i'm struggling with my children. they haven't got jobs. it's only my dis

widenedvisions have worstthe anc suffered the ever electoral result when it lost control of your hannah's johannesburg. those this decisions -- decisions remain. that is still a cloud holding over the president. >> it certainly it is and so is his decision on march 31 to change his cabinet and fired and then finance -- the then finance thester and his deputy who country saw as two lawmakers that earned the reputation and was certainly going to be strict and stringent on how africa spends its money and collects revenue from the country. it does seem the divisions have widened and calls for the president have increased streetly even with barricades coming out as well earlier this year. mark: thank you very much. our economy reporter for bloomberg news joining us from johannesburg. a quick peek at european equity markets. it was a holiday here and a holiday in the united states, but business day continued. the market day continued across europe. it was a day of little movement for the stoxx here at 600. this is bloomberg. ♪

will this give us ance to be able to combat this? >> yes, and it will pick it up ahead of time. technology will allow us to separate the people. there is political correctness. charles: you will know from their facial expressions data bases. >> there is amazing technology out there. there are amazing resources. it comes down to political will, and are people willing to make the hard decisions. that's wait comes down to. charles: it's time to save people's lives. thank you all very much. the trump budget challenging the narrative on what it means to be a compassionate american. your thoughts. tweet me @cvpayne. >> we're no longer going to measure compassion by the number of program or peoes on programs. we will count by number of people that we help, that is how you get 3% economic growth, that is how you balance the think about in 10 years. charles: budget architect mulvaney defining compensation as end of president trump's budget. mulvaney, always animated am but pushing back against the notion that trump's budget is heartless. >> it was the key criticism of the budget that eme

south african rand, a second day of gains after zuma was reinstated, or re-upped his control over the ancming up, the fed president warms the honeymoon will come to and washington will have to deliver on the policy expectations that have driven the stock market higher. plus, an exclusive interview nextphil falcone in the hour. this is bloomberg. ♪ these days families want to be connected 24/7. that's why at comcast, we're always working to make our services more reliable. with technology that can update itself. and advanced fiber network infrastructure. new, more reliable equipment for your home. and a new culture built around customer service. it all adds up to our most reliable network ever. one that keeps you connected to what matters most. vonnie: live from the bloomberg world headquarters in new york, i am vonnie quinn and this is "bloomberg markets." a quick check on u.s. stocks, not much movement. the dow down .1%. the s&p 500, 21.14. very unchanged. the nasdaq is unchanged, down two points. looking at the s&p 500, energy stocks are a drag. energy is the worst sector for the s&p 50

planning to accelerate european expansion, taking on financial woes as regional competitors reduce -- ance on and in certain uncertain u.k. market. we are going to add two or three more 737 jets to its existing delivery schedule while extending leases on 10 other planes through 2019. rising demand helping push profitability for the fiscal year through the end of march up by 6%. passengers increased 30% to 120 million, bolstering profits despite a 13% drop in shares. sticking with airlines, the owner of british airways was not trading in london yesterday because of the trading holiday. london, they were earlier down as much as 4.5%, the most since july last year. ba scrambling to explain how a local computer outage could lead to thousands of stranded passengers over the weekend. the full flight schedule was due to resume today. damages for compensating customers is estimated at 100 million euros, about 3% of the annual operating profit of parent iag. the parent company. out of the euro area economic confidence, falling for the first time this year led by weaker readings in services. the ret

you can see behind me, people are lining up to get their ance to cast a vote, but given this is suchappeal on president vote after the , therar ouster questions about what will happen next. the national election commission says the turnout rate will be around 80%. a record 26% of eligible voters have already finished early voting. >> south korea is electing a new president. poised to take power in the nine years of conservative rules according to exit pos. >> his parents are actually korean refugees. he s finite pushed a softer line toward north korea. a lot of folks anticipating perhaps some easing of tensions. trump latet donald yesterday shot just about every when he abruptly fired fbi chief james comey. did anyone expect this? >> no one expected this. republicanh several political advisers to the president and senior aides on capitol hill, and all of them are pointing to the ti that this decision to fire director comey well lead to more in anyon in washito momentum they hoped to seize on passing health care reform. >> the president defendedis decision on twitter saying that he lo

as epa anc commissioner or a community advocate addressed the crowd cars continued to fly by. we got to start today. this got to stop today. they speeding right now as we're standing on the street they're going 80 myelitis per hour. there's a park, a playground. and a school zone. so we're asking the city to put a speed bump up. nowts ' a little bit too late, a walkway for our kids to get back and forth across the street. their little boy who loved football and the monkey bars is gone and they don't want to see this happen to another family. the driver of the car that hit exaifier was questioned by police last night. there have been no charges filed yet, but now i asked mayor bowser's office what they plan to do about this. we pointed out how they could really use some speed bumps and some crosswalks. i just received a statementment it says the bowser administration extends our sympathy to the family of exaifier lucky. mpd is investigating the tragedy and as we continue to work on vision zero the government will review and implement safety measures. >> live in southeast, laure

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jacqueline sanchez and omar anc ancheta are being held. police were called with reports that the two were looking into cars with flashlights. police found them hiding behind a parked car. both had outstanding warrants. >>> it is 7:08. much more coming up. vandals strike a local school. we show you the damage done and how it put a big damper on a planned celebration. >>> plus have you ever worried that you're boarding the wrong plane? apparently it happened. now a woman traveling to paris ended up here in the bay area. hey you've gotta see this. c'mon. no. alright, see you down there. mmm, fine. okay, what do we got? okay, watch this. do the thing we talked about. what do we say? it's going to be great. watch. remember what we were just saying? go irish! see that? yes! i'm gonna just go back to doing what i was doing. find your awesome with the xfinity x1 voice remote. >>> welcome back to you. it is 7:10 on your saturday morning. the sun is shining over the embarcadero in san francisco. but we're under a wind advisory until 9:00 tonight. so

it was not because of a political situation. , believe truly that trump ance clinton just received indictmentn front of the grand jury, all of a sudden comey gets fired. to be ableou going to trust anybody who gets appointed by the president? not, becauseutely now we have turned law whorcement into brothers work for the fbi. -- turned intoy law enforcement. i have a brother who works for the fbi. appalled, so iy just have to say, this is something i just cannot understand. the only thing i can think of is the trump administration is under investigation with russia. that is a fact, it is not a myth. it is a fact. all of a sudden he fires the guy that after the hearing said he might reveal trumps taxes? come on. two plus two is for. host: up next, we will be joined eleanor clift to discuss this issue further and take your calls on the topic of the fbi director's firing yesterday. later, the heritage foundation stephen moore will join us on the republican effort on health care and tax reform. that is coming up this morning on the "washington journal." ♪ >> sunday night on

[hero] i'll take my ances. there are the wildcats 'til we die weekenders. the watch me let if fly. try weekenders. then we've got the bendy... ... spendy weekenders. the tranquility awaits. hanging with our mates weekenders and the it's been quite a day... ...so glad we got away weekenders. whatever kind of weekender you are, there's a hilton for you. book your weekend break direct at hilton.com and join the weekenders. [ barks ] radio: scorching heat today, staywalter!ut there! stop suffering with hot ac. cool it yourself with a/c pro. in just 3 easy steps, enjoy the comfort of 2 times the cooling boosters om the #1 selling coldest air. nothing cools like a/c pro. pg&e learned a tragic lesson we can never forget. this gas pipeline ruptured in san bruno. the explosion and fire killed eight people. pg&e was convicted of six felony charges including five violations of the u.s. pipeline safety act and obstructing an ntsb investigation. pg&e was fined, placed under an outside monitor, given five years of probation, and required to perform 10,000 hours of community service. we are deepl

they are pleased that police chief newsham is out here talking to the community and also that the anc bradley thomas is out here. coming up at 5:00, you will hear from a woman who has lived in this community for 32 years. he bought her house for $85,00032 yea$85,00 $85,000 32 years ago, and planned on selling it. but she can't. why? because of the violence in this community. back to you. >>> a woman from montgomery county is going to spend decades in prison for her role in a murder where the victim was stabbed more than a hundred times. a judge sentenced vanessa alvarado to life with all but 40 years suspended for the death of christian morales. last june he lured the victim with a promise of sex, but when he got there, three members of ms-13 attacked him. >>> some of of the other big stories, first at 4:00, a shake-up in the works at the white house. communications director mike d months on the job. the president has accepted the resignation but his official last day hasn't been set yet. >>> today we learned congress wants more information from trump's personal attorney. the house an

people concerned about this and evans says he is going to wait to hear from more constituents also the anceighing in on this. they have a meeting later in june. there's 1anc meeting from logan area, the logan circle area and also from the dupont circle area so they're discussing this taking input from everyone including dacha and then they'll make a decision and then they'll see where it goes from there. live in logan circle along 14th street, matt ackland fox5 local news. >> all right. well, some people would say this is perfect beer garden weather. >> y-people are -- i know many folks like a cold brew on a hot day like this. i'm not sure if sue is one of them. sue. >> i'm going to pass on the brew. >> okay. >> but i'll take something else cold, that's for sure. [laughter] >> i'll tell you, it is hot out here sarah and tony, no doubt about it but what i'm there's a very pleasant breeze out here and that breeze is out of the south obviously a very hot direction for this time of year. but what is also -- what it's also doing is keeping the temperature at reagan national from getting as high

on paper p or do saying a lot of that is basically budget gimmicks and smoke and mirrors to get a --ancehere it actually social security and medicare. assumes a 3% growth rate, that is the latest they get to a balanced budget. >> we can give them some points , the defenders here would argue. headwinds, because on so many copies i have read here, people are saying it is dead on arrival budget, why? >> that is right. it is basically dead on arrival budget. both democrats and republicans in important positions on capitol hill in congress, the president's budget is more a statement and not necessarily piece of legislation to get around. negotiators will sit down and try to crack the budget that will likely take some of it deciding how to spend the taxpayers dollars. they will probably reject cuts to programs, things like research funding, medicaid cuts the white house is proposing, probably will not make it into the final budget. congress will have the final say on this. thewhite house will have proposals, but overall, the the power ofsays the personalize with the congress and they are plann

ance we will be endorsing candidate or party."nother person says "religion and politics should always stay separated." let's go to brendan in ohio. republican line. morning. caller: good morning. church and state should stay separate. the government -- if the -- if theant to be in churches want to get involved in politics than they should be taxed the same as everyone else. brenda.hank you, scott in charlottesville, virginia. democrats line. good morning. it is: i guess my take on that churches do have a rich history on both sides of the political spectrum of being part of the political process. i think to ignore that ignores -- i agree with many of the sort of conservative colors that it does have a place in the church -- the conservative callers that it does have a place in the church. congregation,d within the lead directly to a particular candidate. that seems fine if that is what a church wants to do. the cynical issue is that the point of tax exemption is that you shouldn't be allowed to engage in political activity subsidiz

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so with the confirmation hearing earlier this year stated what the military has capable airplane and anc forces to demand an increasing sheriff investment and i fully agree with the secretary's statement the leaders have been nuclear going back many years that the use of space could be taken away in the next military conflict the we have not move for that conviction or urgency with these warnings leaving us with a growing crisis with the threat of bader of full faith and confidence of beach expert witnesses i do not have faith in the bureaucratic structure although china is rapidly advancing with a new military organization to focus cyberand electronic warfare capabilities misstated earlier we're not broke organized to deal with those new challenges the old structure may have been sufficient with areas of operations but that time has passed and i cannot agree more. ladies and gentlemen, now was the time for reform so without afford to hearing your priorities on this topic i now recognize my friend from tennessee. >> bob like to add my note of congratulations and thank you for this hearin

it is not about zuma, it is about anc which took that country to a point where it was inclusive and such event to liberate such a beautiful country. the politics destroy that very dna of the liberation movement and what brought nelson mandela out of jail into power. politics and constitution, it is not about one person. it is about political institutions and i think it is going to be a big challenge for the south african people to find a way out of this mess. much, aank you very fascinating conversation about the gold price and well beyond. thank you for joining us on set .n daybreak manus: let's do a recount. -- hsbc was up. a one off inf there. we will talk banks next. this is bloomberg. ♪ manus: it has gone 7:16 a.m. in london, 2:16 p.m. in hong kong. juliette saly is standing by with the business flash. juliette: thank you. societe generale has settled the legal dispute with the libyan investment authority and posted lower than it acted first quarter net income. net income fell to 740 7 million euros missing analyst estimates. at the same time, the bank posted a rebound in its tradin

it seems like a clear solution to do that and anc recommends it. i suspect most folks don't have any idea what their taxes are now on gas. but, it is something that i think is important if we are going to continue to maintain infrastructure. it is not just maintaining it the way we used to do it but maintaining it with the future. with more innovative sustainable resilience technologies. >> okay, go ahead. >> can you give some examples of the things that you feel would be resilient and less energy intensive for the future? >> of course, there is a significant need for investment in research and i think the federal government has an important role to play there. nsf and epa and department of energy and a lot of different research programs. this morning, i was looking at our collaborate forum of the discussions taken place and they're talking about electric transducers to provide energy in road ways using sort of mechanized energy such that in there where you have trucks that had bigger impact on maintenance that would provide more energy. there is j