on decline bhp billiton this is the world's biggest mining company. ceo had a grave warning for the commodity markets today. he said oversupply is here today and it will keep prices lower for some time. jonathan: thank you very much. the big story in the sporting world, changes on the field for fifa. joining us is mark barton and justin kerrigan. just in, when the story dropped yesterday, the first question was, what does this mean for qatar? how much is really at stake? justin: in terms of the stock market, you can see that reaction, we were down 3% at the open. since then can -- since then stocks have recovered, 1.5% down on a day. that is very much in character from what we saw you -- saw last week with the arrests was a selloff. in the days following, the market recouped. we are seeing the same pattern. what is at stake from a broader point of view is the prestige for qatar. at the end of the day, this is a wealthy country. they have the highest per capita gdp in the world. huge natural resources including natural gas. it is the biggest exporter o