your union represents workers in america certain nations argentina brazil part of why or why as well as in the e.u. how do you see this agreement affecting those different constituencies of your membership and what is the union's position on this agreement right now. oh well as you said i represent globally a union that has constituencies all around the planet including european union and latin american unions so divisions that the that are going on through this discussion with this these i would say pre-agreement are different obviously there are a lot of unions in the european union there are against the agreement mostly those unions that are related to agricultural production and there are other unions that think that this agreement can bring more jobs to the orkin union at the other in the other end of the americas even years historically are against these type of agreements these trade agreements as we call them between them by laterals a multilateral or be regional like this one because history demonstrates that free trade agreements do not necessarily bring jobs well for good

well in our case as none industrialized countries except a little bit more than argentina brazil. industry light industry and manufacturers will be seriously damaged textile shoemakers. car makers all those industries that we have in our countries trying to develop through the through the years can be serialist seriously damage that is well in our side the negotiations took 20 years and will take some more years but i think that countries that have this economic profile of being countries that only builds their economy on exportation of primary goods and are not totally industrialized like some of the european countries will be we will be severally damage through the years and in terms of process clearly this will take some time president also narrow brazil suggested one to 3 years before the agreement could be approved what is your estimate. when i think so i also think that it's going to take a while because. the agreement when once is signed finally signed it has to go to parliamentary approval in the key. so the european union maybe that parliamentary approval can be avoided b

cortina you're much do you yes could your union represents workers in america certain nations argentina brazil part of why in order why as well as in the you how do you see this agreement affecting those different constituencies of your membership and what is the unions position on this agreement right now. well as he said i represent globally a union that has constituencies all around the planet including the european union and letting the american unions so the visions that the that are going on through this discussion with these these i would say pre-agreement different obviously there are a lot of unions in the european union that are against the agreement mostly those unions that are related to. production and there are other unions that think that this agreement can bring more jobs to the european union.

reaching a historic free trade agreement with the european union 4 countries are part of the deal argentina brazil and europe why the agreement gives european countries more access to marcos nations including the automobile and wine industries it will also open up new markets for the south american countries especially for farm products that needs to be ratified by all you nations and the european parliament however european farmers are worried about a flood of agricultural imports or one we are as an argentina are also concerned about what that agreement mean for them as true as a boy reports from mendoza province. the valley right next to the end these mountains in the province of mendoza is home to this year's best winery in the world the soil make this location a perfect home for the argentine mode where grapes. out of the has been in the wine business for decades he's now worried about a recent agreement between south america's trade bloc medical and the european union and we do need. a mini ice symmetries between our countries and europe those asymmetries are based on the stimulus that many

slower pace but that hasn't gone down well in all quarters unlike europe why in paraguay both argentina and brazil have well established manufacturing industries like the car parts company l. he make roberto people who founded it in buenos aires 50 years ago it makes hinges for folks work in trucks and while he supports the lifting of trade barriers with the e.u. he does have some misgivings. we need to look very carefully at the impact it will have on national laws on the tax system and on investment in the country. we should see how we can get the technology necessary to compete effectively who believe that one bit too windy. is a former trade official who now works as a consultant and professor he welcomes the trade agreement but believes the benefits are not equally weighted and that the e.u. stands to profit disproportionately. in this process in my opinion marcos who has made more concessions than the european union has and that applies to goods services government contracts investments and intellectual property that. you learn to complete analysis will only be possible when we have the deta

agreement with the 4 medical certain nations argentina brazil part of why an order which would create a market a total market of over 780000000 people was announced late friday as of last week seeming to cap 20 years of negotiations but more economic diplomacy lies ahead to cover sectors not yet addressed a national parliaments will have to approve the agreement mr paulson our told reporters it could be it will take one to 3 years before the document truly becomes an agreement at the same time the brazilian leader predicted a domino effect of other deals resulting from the e.u. mercosur breakthrough citing japan as a likely next partner. in other major energy and climate news chubb the world's largest publicly traded property and casualty ensure has announced that it will no longer insure or invest in companies that make more than 30 percent of their revenues from the burning or mining of coal and ensure a says that they will not. construction of new coal burning plants and will phase out current coverage policies for coal plants and companies with coal related revenues above the 30 p

down to the last four in the copa america with the first semi—final under way between hosts brazil and argentinaave never failed to win the tournament when they've hosted it, while it's 26 years since argentina last won the copa — and they were runners—up in the last two editions. and later it's the first semi—final of the concacaf gold cup with haiti facing mexico in glendale, arizona. it's haiti's first semi—final in the "gold cup era", while mexico have won the trophy a record 7 times. on to tennis — and day two of the wimbledon championships saw former winner maria sharapova's injury woes continue as she withdrew during herfirst round match due to a forearm issue. but there were no such problems for many other former and current champions and holly hamilton wraps it up from the all england club... from the king of the grass to the queen of the courts, day two was littered with tennis royalty. not to mention the duchess of cambridge who was courtside today. and the number two seed, roger federer proved to everybody why his reign is not coming to an end anytime soon, bidding for his ninth titl

argentina brazil and sought -- the responsibility of united states to pursue its nonproliferation policyas such a metal and for example i was in the office of tony lake the national security advisers to president clinton when the foreign minister of argentina at the time may he rest in peace that i'm presiding from the movement. so the united states played a critical role in many of these countries as well. who else? libya and iraq. they played critical roles in the denuclearization and charlie's hear who played a critical role and thank you for your service charlie and and your personal leadership is critical and of course we have the remaining issues before us of iran and north korea. it comes back to the fuel supply because the reactors themselves are less of a proliferation threat than a fuel going into the reactor in the plutonium coming out of the reactor and going back. verizon howardson the fundamental tenet of the policy that we should be reliable suppliers of nuclear fuel to put on the supply of those fuels strong safeguards and protections. the question is can we get that lead

had been their savior for so many years i'm used to hearing venezuela is a big drag maj maybe argentina, brazil, turkey. i never thought china would be the source of weakness it's become -- it's a given. listen to what 3m cfo nicolas had to say he pretty matter of factly told us, quote, for the year we now expect organic growth in china to be down low to mid single digits versus the prior expectation of flat. as we continue to experience challenging end marketing conditions particularly in electronic and automotive industries end quote. low to mid single, china china. that was the savior of american industry electronics and automotive isn't that why all our companies moved there to sell? it was president just coffee, right, wasn't just kentucky fried chicken. it feels bizarre canada and mexico are much better than china. brazil, the new. here's the thing about the slow down if it pressures the chinese government to make a deal that's great for companies. if china digs in and takes the pain that's a problem for the rest of the world. their pain is not our gain we've seen this across the board. y

argentina, brazil, the turkish lira, big countries and a big impact. am encouraged about delivering on our plan despite the headwinds. imagine what the upside would be if some of these things were clearer. matt: thierry f.j. vanlancker, ceo, akzonobel joining us after the company released its earnings. we are minutes away from the opening of stock trading. theill go around the northhe newsroom. this is bloomberg. ♪ >> we are working as quickly as possible to execute on this has sensitively as possible as it affects the lives of our colleagues and friends. we have notified 900 staff associated principally with equity, sales, and trading business who are either leaving or left or leaving in the near-term. moltkeames von discussing the timeframe for deutsche bank. what can we expect from deutsche bank and terms of the share price reaction? >> we are seeing the shares down this morning. this was preannounced and they were expecting a poor trading performance, it will be worse than expected. the calls on the stock are negative this morning. anna: what is th

announced its agreement with south americas nations brazil argentina uruguay and paro but could the deal be a headache for europe in the coming months or even a failure a vocal opposition suggests ratifying the deal won't be easy. after the celebration comes the backlash french farmers are among those coming out against the methods or agreement brussels says it will bring their products to new markets while saving $4000000000.00 euros in customs but many worry about the effects on their local market. and the markets hang by a very fragile balance we add a little more volume prices will collapse and if prices collapse there is no life for us. he's not alone similar concerns are coming out of ireland poland and germany a focal point is the e.u. concession to south american beef producers $99000.00 tons at a lower tariff of 7 and a half percent european beef producers say their market is already tight and they'll now have to compete against low cost producers. in the eyes of the german farmers association the e.u. is favoring car makers above everyone else. other critics point to brazil whe

and the european commission is set to block canada brazil singapore argentina and australia from accessing parts of the e.u. financial market it says those countries no longer regulate credit agencies as rigorously as the e.u. does it's the 1st time such access rights are being withdrawn. and let's talk to one day about that a financial correspondent in frankfurt what's changed in these countries to incur the wrath of the e.u. . well ben as you rightly put these can raise do not hold the credit agencies to the same standard that the u.s. does and now this is according to a system which is called the equivalent system which is basically an agreement between these countries that allow financial companies from the 3rd come to work rather non evil financial companies to work in the operate in the e.u. and vice versa they you financially companies are allowed to operate in the 3rd country but now these countries need to be these companies that are operating in the unit to be governed by the same standards in the home country as become as companies similar companies are governed in the e.u. so t

we went to argentina, uruguay, brazil. some of the photos i took on the trip.o come most spectacular things i've ever experienced. these are all worth it. >> juan: happy ♪ [national anthem ] ♪ ♪ national anthem [national anthem. [ ♪ ♪ [national anthem] ♪ [national anthem] ♪ [national anthem] ♪ [national anthem] ♪ ♪ ♪ ♪ griff: straight to a fox news alert. the gulf coast now bracing for barry as the tropical storm picks up strength off the southeastern shoreline. jedediah: thousands are preparing for what could be the very first hurricane of the season. >> life threatening flooding expected to slam new orleans. todd: a very good saturday morning to all of you. you are watching "fox & friends first." griff, jedediah, todd is going to be a big four hours. a lot to cover and obviously tropical storm barry is front and center. griff: big one. power company in louisiana saying more than 45,000 without power. this is a slow-moving storm and we have a lot of coverage today. gentlemen.

were made to china in the previous several years and now those purchases are being , youin argentina or brazil these our markets that we potentially have lost 40.2 of time. despite the fact that they are appreciative of the check, they would like to see a resolution of the issues between the two countries and a restoration of that market opportunity. hoped atu say you least to get the usmca through congress in 2019. isn't that up to the democrats in the house of representatives? are your fellow democrats going to go along with this? tom: i think it's a combination. the administration has to work with democrats to allay some of the concerns and fears they have about labor and environmental provisions. i know ambassador lighthizer has been working hard with speaker pelosi to figure out exactly how those enforcement mechanisms can be put in place. obviously, those issues have to be addressed. hopefully at some point in time they find a solution to the concerns democrats have raised. the house that is free to vote on the trade bill. obviously, it will be a close vote, they always are. i'm confiden

brazil argentina chile bolivia paraguayan year ago i make up the nets they keep in touch with one another through a u.s. communication installation in the panama canal zone which covers all of latin america obviously this is the condo network which all of us have heard about over the last few years this cia did such a great job ensuring control of latin america through operation corndog that in 1977 just 2 years into its official phase europe took notes representatives of west german french and british intelligence services had visited the condo organization secretary it's important harry's during the month of september $977.00 in order to discuss methods for establishment of an anti subversion organization simulate a condo due to their view that the terrorists aversive threats had reached such dangerous levels in europe as kissinger was well aware the cia knew all about this state department knew all about this and in fact the united states helped facilitate communications between the 6 countries that were involved in this people are getting some small measure of justice and it's much to

we went to argentina, uruguay, brazil. some of the photos i took on the trip. things i've ever experienced. these are all worth it. >> juan: happy birthday to "the five." we are going to see you back here on monday. have a great weekend. >> chris: residence rooms labor secretary resigns after a plea deal for a sex offender. house democrats tear into his migrant child separation policy. an tropical storm barry may be a hurricane when it hits southernt upgrades made after hurricane katrina. this is "special report." good evening, welcome to washington, i'm chris wallace in for bret baier. president trump says alex acosta was a great labor secretary, but a cost that is on his way out

2 powerhouses of south american football meet later in the copa america semifinal brazil's go up again against argentina in as they aim to win their 1st continental title since 2007 brazil were one no winners the last time the sights mats and haven't lost at home to argentina for 21 years argentina have reached for the last 5 finals but are chasing their 1st cup of title since 1903 so much pressure on the shoulders of leo messi buddies all scored once in the tournament so far and by his own admission has been below par. for the baseball world has been paying tribute to elie angels pitcher tyler skaggs who died on monday the 27 year old was found in his hotel room just hours before the team was due to play a major league game against texas ranger the police say there are no suspicious circumstances. so those moments where you just kind of know to life. you know i personally they're just tremendous things about him and. you know everybody spoke very highly of him and just a really sad situation obviously. you know of our hearts go out to work that we're thinking about him or think about his family. ok and

but you have brazil and argentina. look at the numbers for brazil last year, usually they ship 60-65% of production and use the rest for internal demand. last year, they shipped almost 90% out of brazil to china. again, that was because of the lack of soybeans coming out of the u.s. yvonne: some people says it has to do with politics. cargo came out and they talked about how this u.s. china trade were keeps going, prolonged the way that it is right now, this becomes much more of a permanent shift. do you see this as being a new normal? john: on the soybean front, it really depends on what china decides to do in terms of buying soybeans and corn from the u.s. yvonne: what about other commodities? john: on the iron ore, steel production up 10% in china so far. so we've seen a real increase of iron ore exports. big focus out of australia. we obviously had the unfortunate incident with the dam collapse, but we've also started to see a slow recovery of iron ore exports out of brazil going into china. what we've seen because

houses of south american for will meet later in the copper america semifinal host brazil going to the game against argentina horizontally is the i am so when the 1st continental title for the 1st time since 2007 brazil were one mill when is the last time the sides met they haven't lost at home to argentina for more than 2 decades. arjun senior of reach for the last 5 finals but it chasing their 1st copper title since 1993 a little messy yet so when a major title with his country a lot of pressure on him he's only scored once in the tournament so far and that was a penalty and buys own admission he's been playing a large part. and the baseball world has been paying tribute to the los angeles angels pitcher who died on monday season's the 27 year old was found in his hotel room just hours before the same mistreats play a major league game against the texas rangers play say there are no suspicious circumstances the angels game with the ranges all sparks pods. so those moments where you're just coming. to life. you know i personally are just tremendous things about him and. you know everybody spoke very highly

the other three on the hit list are brazil, argentina, and canada. any move would be the first time that european market access rights have been withdrawn. the u.s. and china trade negotiators will fly to china later monday as talks resume after a two month timeout. they will travel to shanghai with little expectation of a breakthrough. we have seen mixed signals coming from both sides with neither showing much inclination of compromise. said it will buy u.s. farm products but soybean purchases have fallen to the lowest in decades. global news 24 hours a day on air and on tictoc on twitter. journalists and analysts in 120 countries, this is bloomberg. >> china's top hong kong policy office will give its first response to two months of unrest in the city. we saw clashes between riot police and protesters in multiple locations. rishaad: our senior reporter is on the ground. containy struggling to the unpredictable tactics. we saw the scenes turn east in part of hong kong island, that is a new one, isn't it? david: they are unpredictable and we don't kn

-backed dictctatorshipsf chile, argentina, bolivia, brazil, paraguay, and uruguay. operation condor was coordinated out of chile, then under dictator augusto pinochet, and with the knowledge of the u.s. government, and in particular, then-secretary of state henry kissinger. among those sentenced were former peruvian president francisco morales bermudez, the foformer bolivian interior minister, the former uruguayan foreign minister, and a former top chilean intelligence chief. all but one of the 24 wewere sesentenceced in absentia. a german rescue ship has picked up 44 people, including babies and children, off the libyan cocoast tododay after they were stranded at sea.a. the charity vessel, operated by sea-eye, recently transferred another 65 migrants to malta after ititaly refused to let the ship enter its ports. this comes as human rights groups and german officials blasted italy for arresting carola rackete, the 31-year-old german captain of a refugee rescue ship, as she tried to bring dozens of asylylum seekers to safety. she has since been freed and says she pl

those on the hit list are brazil, argentina and canada.he european market access rights have been withdrawn. spacex has successfully completed its 18th resupply mission to the international space station. and installed the dragon cargo castle -- cargo capsule over the weekend. the experiments include a 3d organ printer, which will create nerve cells and lead scientist see how they hold their shape and zero gravity. global news 24 hour --global news 24 hours a day on air and on @tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm su keenan. this is bloomberg. ♪ paul: thanks. the central banks, the next most important item on this week is earnings. we have someone joining us to talk about how much data is coming our way. what are we looking for? have a look at the broader picture. it is monday. membersalking about 300 . 1200 stocks. that is about .25 of the index. the cost about half of index and gets busier this week. here's what we are seeing in japan. we were talking with caterpillar this

the chairman referred to in particular in south america we saw a lot of expanded acreage in brazil and argentina, actively competing with us right now. they are big adopters of tech as well. that's a good thing. as ambassador, should the undersecretary can highlight, we are continually facing a different level of standard from the europeans who argue contrary to improving food security, actually depressing food security globally. >> senator i want to respect you are in the chairman's time management. i will come back and answer that later. >> recognize for additional 5 minutes >> thank you chairman. go ahead. >> we are somewhere between seven and 9 billion on the planet 7.3 on a weighted 9 cents a ten by 2050. we have to use every single tool to address that. we have for the last many decades, i think by and large technology around the world is still being adopted, but there are now headwinds and i think ambassador doud set up very well, led by europe, with objections. and so it is a constant battle we have to face. technologies of all sorts. we talk about biotechnology goes well beyond that. ma

argentina are slightly above the line. what is your experience looking at those countries? mexico, brazil, argentina. ity. there are changes in all three, potentially. for us, we have been there longer. the markets look like a lot of other parts of the world we are investing in. we have good teams on the ground. that is what is required to be successful. things like currency movements play a bigger part in that investment. that is the only thing we have to be mindful of. sonali: private equity is moving strongly into em in search of returns. you work closely with them. how are they playing these markets, especially in latin america? john: selectively. history is mixed on the part of different capital investors. we are playing along the same things -- the same themes. themes consistent around the globe are present in those markets. alix: talk about private equity in the u.s. gunning forrren is private equity. i believe it is called the stop wall street looting act. there is a bill that says private equity would have to take on the debt of the takeout firms. whether or not it gets passed, that is in the

for example, we have seen space related cooperation in brazil, venezuela and argentina. china has increased arms sales in a manner that violations -- that violates u.s. and e.u. restrictions and hinders our , ability to integrate with our strategic partners. russia is also working to expand meanwhile its influence in the , region. the the putin regime seeks to erode u.s. influence, and has doubled down on its efforts to prop up corrupt authoritarian regimes. in venezuela, cuba, and nicaragua, through economic and military assistance. for many years, putin has viewed latin american -- let america as a link in the chain. the deployment of a long-range bomber to the region highlight russia's effort to strengthen its global reach. just a couple weeks ago one of russia's most advanced warships was docked in havana harbor. finally, drivers of migration including violence, corruption, and poverty place significant , strain on regional governments and can engender regional instability impacting not only the southern border of the united states but providing additional flash poin

following the riots fishless said several artists were prison riot so in brazil are common as to be simple explains from neighboring argentina. another brutal riot in brazil this time in the city of media in the northern state of apparently at 7 o'clock in the morning this monday a group of gang members tried to take over another side of a prison there and that's what started this fighting apparently they set up several roadblocks of fires in order to prevent or 3 days from reaching the area that's where the major fighting took place and that's where at least 52 people were killed 16 of them were beheaded and the others died because of thoughtful cation it's not clear yet what started the fighting most of these are saying that it's fighting between them for control of drugs around that area but it's not clear yet and there is an investigation ongoing the minister of justice in brazil said your model called for an urgent meeting he also isolated the gang members and increased security in that area this whole incident lasted for about 5 hours but this type of prison riots are very common in northeastern brazil mostly because i