boon is lagging because largely of those consumers.that is another cost benefit that investors will have to weigh in terms of picking this etf. scarlet: it all depends on your timing. let's bring in toby loftin. eric gave us his take. explain to us why this etf is worth 85 basis points rather than the average 67 for the industry. toby: thanks for asking. what we saw was a gap in the marketplace. what i mean by that is most energy related etf's are married to the upstream, so exploration, production, services, even some downstream. but with what has been going on in america in the shale revolution, the abundance of supply leads to cheaper prices, particularly in natural gas, natural gas liquids. there are select industries that are going to benefit from that, fundamentally speaking. so in the same spirit as the pickens plan, having the cognizance of the demand side, we constructed this to manifest a vehicle that would allow investors to take advantage of that. scarlet: so a more holistic approach, if anything. you mentioned pickens. exp

and on migrants a boon or a liability for european economies in a new study the o.e.c.d. says many fans on found that the picture is not entirely rosy i'm. going to start. with that i'm sorry i'm just waiting for my valerie to yes we start with that topic are migrants a boon or liability for european economies a new study the o.e.c.d. says that many fears are unfounded and the script reading here is unfortunately not the one. in the. well with me now definitely is thomas the senior researcher the migration at the o.e.c.d. you helped compile this report since we haven't had the. piece on the report just tell us briefly what is the most important findings of this report a report we analyzed among other things the migration flows to always see countries and we observe a record high in two thousand and sixteen but a significant decline in two thousand and seventeen and in both cases actually germany was a driving force among the changes it was together with the united states top fifty nation country in two thousand and sixteen but also experienced a very significant decline m

. -- as a boon, locally. we thought this type of aggressive action actually led to greater self-sufficiency. amongst governments, regulators, universities, venture capital firms, they start to breathe a new crop of businesses here, to replace the u.s. components that might have been taken out of the markets. i think this action and things tions opente sanc people's eyes to how empty it is when it comes to core tech. it led to a push over the last few months toward businesses towardbeing developed, businesses where we feel we can develop sufficiency locally. one thatected, but started a process where you will see more innovation and development in heart attack and deep tech in china. what is your reaction from people in beijing as these developments have played out and gone back-and-forth? >> it is a bit of a roller coaster. i am oftencan, referred to in question about the true meaning of all the what is not. ae overall view is trump is businessman. he understands the impact it would have on u.s. businesses an

research citizen scientists have countless opportunities to contribute for researchers it's been a boon for data collection. and you can get lots of different samples and lots of different involvement from things that you couldn't if it was just you in your lab you know then you're sort of scope of what you can reach out to is limited and getting lots of people help with that only makes your results better in the end. big data from the beehives swarms at the university of braman are monitored by sensors to measure air temperature and humidity with. cameras recording how often these buzzing beauties leave their hives. and this microphone scene behind and then should register. as the sounds of the insects this data helps scientists thorsten clues better understand the cause of their gradual extinction. went off to a bit new to view and if you feel we need large amounts of very data from different locations and diverse condition it's in order to help further our research. also we have also developed analytical algorithms they don't utilize artificial intelligence to allow us to draw conclu

. >> south korean president boone is headed to moscow to meet with russian president vladimir putin. the u.s. stock index futures right now. a little bit of improvement. the dow 75, s&p 500 up five, nasdaq down 11 points five. you are watching "fbn:am." is gonna raise your rate after the other car got a scratch so small you coulda fixed it with a pen. maybe you should take that pen and use it to sign up with a different insurance company. for drivers with accident forgiveness, liberty mutual won't raise their rates because of their first accident. liberty stands with you. liberty mutual insurance. are exposed to a contagious virus. it's not a disease but it's toxic. it's not genetic but we're all at risk. you can contract it from a stranger or a friend. you can catch it at the movies or by listening to a song. and if you've spent even a minute on the internet, you've definitely been exposed. what is this virus? it's stigma. it's stigma. stigma may not directly affect you but it harms the one in five americans living with mental health conditions. stigma promotes an environment of sha

why could it be a boon? that is the more obvious one. why might it spell trouble?y it might be a boon is if there is a bidding war, disney paid much more for fox. that u.k. takeover regulators might say that means sky is worth more and you will have to pay more for sky. is it could be a bust something unexpected but entirely possible happens, where fox gets carved up in a way that satisfies disney and comcast and leaves sky shareholders hanging out there. of skyhat is the view right now? are they licking their lips or are they worried? rebecca: i do not think they have formed an opinion in the past day, but i will check on that. share priceat skies yesterday, it fell a little bit with all of the speculation of comcast going after fox. today it rose. we have people in both camps. and is there an outcome for sky that is deemed the most likely by analysts and investors? fox, eveno comcast, though it is all interlinked. rebecca: it is trading above the comcast bid, even trading above the price at which we might see higher value for sky. it is all very, located, so i th

range and it's very individual based from no companies a company can say but it you know potentially a boon for germany we've seen lots of jobs from the city of london already moved back to francs so you know you said that the other side to this debate there's clearly a trend towards that but i wouldn't say that's a positive development because firms are based in the united kingdom for a reason they think it's the best place for at least that part of the value chain to do business and you end up with a twofold negative consequence first of all you have you have a moving costs and a risk that's associated with it and on the other hand you end up in a place that is less optimal than the status quo so they currently think with the current status that is the best place to do business in what wall could you imagine the european union still doing business with britain without a deal is that even feasible. certainly is feasible but it comes with a huge to trim mental effect the single market is way more than what's considered a regular free trade agreement as we have it with a lot of external coun

migrants a boon or a liability for european economies in the study the o.e.c.d. says many fears are unfounded but the picture is not rosy. as this is the business welcome german chancellor angela merkel is facing us from whole conservative coalition partners she's how much out of proposal with french president among them are called that would see greater financial integration in the eurozone culminating in a dedicated budget eventually which many in our own party have fought tooth and nail in the past first what's clear the two have decided to push for the creation of a single eurozone budget helping to bring the economies across the bloc into line that will be in place by twenty twenty one if all go. as to plan they also want to start a fund to give loans to troubled countries in the event of another economic crisis ultimately protecting the euro but what we don't know is this how will the new budget be financed will the other members agree with this path or is there citizens for that matter the plans could be seen as rich countries subsidizing the mistakes of t

doesn't understand anything beyond the fact that this could be a good photo op and possibly a boon for his ratings the u.s. has never taken north korea very seriously i mean the idea of the greatest military power in the world sitting down with a country that they've already always considered impoverished and backward i think is anathema to many people in washington the united states wants supremacy against china in the region and it wants to maintain its troops in korea as close to china as possible and and that has really been a big factor in prolonging the conflict in korea the message that kim jong un is standing you know he's meeting with lavrov he's meeting with children paying in signals to trump you know i have friends in the region and you're the one that is isolating yourself by pulling out these international agreements and so you know i'll be fine with or without you. for sones that's the compensation a florida jury awarded to the family of a black man fatally shot by police officers he was killed in his own garridge four years ago when officers reversed to get a complaint

doesn't understand anything beyond the fact that this could be a good photo op and possibly a boon for his ratings the u.s. has never taken north korea very seriously i mean the idea of the greatest military power in the world sitting down with a country that they've already always considered impoverished and backward i think is anathema to many people in washington the united states wants supremacy against china in the region and it wants to maintain its troops in korea as close to china as possible and that has really been a big factor in prolonging the conflict in korea the message that kim jong un is standing in his meeting with lavrov he's meeting with xi jinping in signals to trump you know i have friends in the region and you're the one that is isolating yourself by pulling our of these international agreements and so you know i'll be fine with or without you. four cents but the compensation a florida jury awarded to the family of a black man fatally shot by police officers he was killed is garridge four years ago when officers reversed to get a complaint about music according t

doesn't understand anything beyond the fact that this could be a good photo op and possibly a boon for his ratings the u.s. has never taken north korea very seriously i mean the idea of the greatest military power in the world sitting down with a country that they've already always considered impoverished and backward i think is and that to many people in washington the united states wants supremacy against china in the region and it wants to maintain its troops in korea as close to china as possible and that has really been a big factor in prolonging the conflict in korea the message that kim jong un is the ending you know he's meeting with lavrov he's meeting with xi jinping. signals to trump you know i have friends in the region and you're the one that is isolating yourself by pulling out these international agreements and so you know i'll be fine with or without you. for since that's the compensation the florida jury awarded to the family of a black man fatally shot by police officers seems he was killed in his own carriage four years ago when officers reversed to get your complain

doesn't understand anything beyond the fact that this could be a good photo op and possibly a boon for his ratings the u.s. has never taken north korea very seriously i mean the idea of the greatest military power in the world sitting down with a country that they've already always considered impoverished and backward i think is anathema to many people in washington the united states wants supremacy against china in the region and it wants to maintain its troops in korea as close to china as possible and that has really been a big factor in prolonging the conflict in korea the message that kim jong un is sending you know he's meeting with lavrov he's meeting with xi jinping. signals to trump you know i have friends in the region and you're the one that is isolating yourself by pulling out of these international agreements and so you know i'll be fine with or without you. four cents but the compensation a florida jury awarded to the family of a black man fatally shot by police officers he was killed in his own garage four years ago when officers reversed to get a complaint about loud mu

doesn't understand anything beyond the fact that this could be a good photo op and possibly a boon for his ratings the u.s. has never taken north korea very seriously i mean the idea of the greatest military power in the world sitting down with a country that they've already always considered impoverished and backward i think is anathema to many people in washington the united states wants supremacy against china in the region and it wants to maintain its troops in korea as close to china as possible and that has really been a big factor in pulling the conflict in korea the message that kim jong un is sending you know he's meeting with lavrov he's meeting with huge and paying in signals to trump you know i have friends in the region and you're the one that is isolating yourself by pulling out of these international agreements and so i'll be fine with or without you. four cents that is the compensation a florida jury awarded to the family of a black man fatally shot in his own home incidentally by police officers he was killed it is garridge four years ago when officers were investigati

lastly, i mentioned joel t boone earlier.t know if you recognize the gentleman giving him the award. that is a pre-illness franklin delano roosevelt. he was a very tall man in his youth. his assistant secretary of the navy has been banging on about how many figures cut their teeth during world war i and go on to greater prominence and use their experience from world war i in other aspects of their life in america professionally. there is no better example than fdr who takes his experience in the navy, as secretary of the navy and his vision of what , wilson did and would use that in his new deal policies and his prosecution of world war ii. just to give you one example, we did not draft a military until we entered the war in world war i. as world war ii was raging in europe, fdr remembered this and we actually prepared the military and enlarged it before the war because he recognized that was the difficulty that occurred in world war i. he draws upon his experience, as did countless others, to shape american society and the g

looking ahead to see what economic benefit boon to singapore. thank you very much.e stories you need to note get your date going in today's edition of daybreak. so travis can go to dayb on their terminals. this is also available on mobile on the bloomberg anywhere app. you can also customize your settings as you can only get news you care about. this is bloomberg. ♪ yvonne: this is daybreak asia. i'm yvonne man in singapore. ramy: i'm ramy inocencio in new york. let's get tech on the business flash headlines. amazon is under pressure to improve factory conditions for workers in china who make the echo speaker and kindle e-reader. china labor watch released conditions of the labor factory. it says employees had to work more than 100 hours of monthly overtime, in violation of chinese law and tories lack adequate fire safety precautions. the former head of icici bank is facing investigation in america and what are described as "lapses." ofwas toppled on a coat conduct and conflict of interest. e sec has become involved. icici has said it retains complete confidenc

the belfast telegraph in his editorial today says this is a boon brinkmanship by the eu's, a boon to terrorists. with the prime minister make it clear that this kind of approach is completely wrong, it appears the eu's wanted to make brexit harder for the uk but easier for those who want to cause carnage of cost europe? >> can i i say to the right honorable gentleman that the future security partnership of what with the european union is an important part of the deal we negotiated with them. i set out our intentions in the security partnership back in the speeches i give in munich, the security conference. i fully recognize the importance of the instruments we been able to use within the european union to the working of the police across the border in northern ireland and ireland, ensuring that those who would seek to do the people of northern island harm are indeed brought to justice, apprehended and are prevented from doing so. i i include that secretive partnership is a key important and for essential of the for what we are negotiating. >> thank you, mr. speaker. in the gallery to

there is a small amount of negative supply in boones.ommodity.ike a gold to go in short them is obviously very dangerous despite the fact that some measures the yields are lower and may look expensive. 320than: that spread out to three years versus treasuries. i spent so much time asking that question, do you think it can stay that wide? >> the chances of it going wider have to be 50/50. ,he fed will be marching along presumably another 50, 100, 150 basis points. 2's are going to have to go with that movement. stuckb will probably be trying to get 20 42 years -- to zero for two years. all the while, germany is running a slight surplus, so absolutely no supply. on the treasury side of it, massive amounts of treasury issuance. crude way ofretty capturing the transatlantic divide, the u.s. versus european economy. i guess there are not many better ways, comparing. ring trueg america for you, is that where people should be adding exposure to risk assets? for now u.s. high-yield has held it quite well, as i mentioned. european high-yield, we

they can kill pasts like these green lace wing larvae which hoover up in a big way they're a real boon for any garden in ghana's low income. sun isn't situation it's pretty. shocking it's five percent of gun and lack access to adequate toilet facilities that means they often have to relieve themselves in public places and that is having a negative consequence both on the health of the population and the environmentalists one company called wash kings is offering a solution eco friendly bio digester toilet yeah i think check this out. after a week of work the bio digest is ready. around a hundred of these. have been built in. their inventor. supervising the construction of a community compound. isn't that the base of the digest. and they will come and fix their videos might say yes. on that basis on the toilet needs little water that's important so much as water is scarce on down and on and this is how the guy that i just to work i said what's your hunch. and which one. now you want shon pleats i'm going inside. the toilets require a little more than health a little flushing water. liqu

problem doesn't understand anything beyond the fact that this could be a good photo op and possibly a boon for his ratings the u.s. has never taken north korea very seriously i mean the idea of the greatest military power in the world sitting down with a country that they've already always considered impoverished and backward i think is and that's to many people in washington the message that kim jong un is standing you know he's meeting with lavrov he's meeting with xi jinping. signals to trump you know i have friends in the region and you're the one that is isolating yourself by pulling out these international agreements and so you know i'll be fine with or without you. european court of human rights says listen wally and romania violated human rights by hosting secret cia detention centers it also says the country's breached the prohibition on torture by helping the agency with the interrogation of two al qaeda suspects they've been ordered to pay the men one hundred thousand euros each in compensation one of the suspects according to the cia was a key al qaeda figure but no charges wer

doesn't understand anything beyond the fact that this could be a good photo op and possibly a boon for his ratings the u.s. has never taken north korea very seriously i mean the idea of the greatest military power in the world sitting down with a country that they've already always considered impoverished and backward i think is anathema to many people in washington the united states wants supremacy against china in the region and it wants to maintain its troops in korea as close to china as possible and that has really been a big factor in prolong the conflict in korea the message that kim jong un is that being you know he's meeting with lavrov he's meeting with huge and paying. signals to trump you know i have friends in the region and you're the one that is isolating yourself by pulling out these international agreements and so you know i'll be fine with or without you. well the family of a black man killed by police in florida have been awarded a grand total of four cents in compensation gregory hill jr was killed in his garage four years ago while officers were investigating a com

for many local dialects the program has been a boon. to the district.administration believes that giving opportunities to the lowest cost is long over due. to some caste system in nepal follows a centuries old philosophy it divides society into forecasts with dollars at the bottom dollars have long been part of our labor force supporting development and improving society and our society is undergoing a very rapid change it's becoming more inclusive this caste based way of thinking will be eradicated very soon. up to mystic they fear the longstanding discrimination they face won't change anytime soon yet many nepalese especially the younger generation dream of a country without a caste system. the village of culture of basi where you seem odd has launched its training program shows what this future might look like the local women many of them dull it's have joined forces farming operation is thriving they'd invented a new kind of organic fertilizer made of plants cow dung microorganisms and water which they spray on their fields these cue cumbers and pum

if there's often a boon or if i put a plant on a stage give it a relatively neutral background and i separate it from all the foliage from everything that surrounds it and i focus on a very fundamental factor the flower itself. and then it looks is imposing is this rare rothschild slip. fishing shows it just before blooms and in full bloom. these are bloom of it all this flower is traded on the black market or that you won't get one for under five thousand dollars why yes because it's extremely endangered it only grows on the island of borneo on mount kinabalu off the ball and nowhere else in the world t w incidentally the flowers are all much smaller than they appear here in the olive is in the liner notes here doris that happens as we see here dogs this one so high and so long when it opens remarkably so small when it's closed. then you was photos on display were taken last year in close cooperation with the botanical garden in potsdam it's home to many endangered plant species. richard fisher also set up his studio here. to take the photos he uses old fashioned flash bulbs that ar

problem doesn't understand anything beyond the fact that this could be a good photo op and possibly a boon for his ratings the u.s. has never taken north korea very seriously i mean the idea of the greatest military power in the world sitting down with a country that they've already always considered impoverished and backward i think is and that's to many people in washington the message that kim jong un is sending you know he's meeting with lavrov he's meeting with xi jinping. signals to trump you know i have friends in the region and you're the one that is isolating yourself by pulling out these international agreements and so you know i'll be fine. with or without you. big case you're wondering what you're seeing on the in your screen is there now live pictures from where above our heads international space station where three members are preparing to come back to earth sure the next couple of hours carrying with them. that official football for the world cup opening in that stadium moscow on june the what was the date again tell me i forgot fourteenth isn't it june fourteenth as the on

parliamentary inquiry later revealed that they were told not to intervene moreover they were also the big boon to giving their weapons to the police sticking rigidly to the protocol. now eighteen families of victims have filed a lawsuit against the french state demanding answers. they were described in the media as the force specially created against the threats of terrorism so why was this force which had the chance to enter.

research citizen scientists have countless opportunities to contribute service searchers it's been a boon for data collections. you can get lots of different samples and lots of different involvement from things that you couldn't if it was just you in your lab you know then you're sort of scope of what you can reach out to is limited and getting lots of people help with that only makes your results better in the end. big data from the beehive these swarms at the university of braman are monitored by sensors to measure air temperature and humidity where the. cameras record how often these buzzing.

doesn't understand anything beyond the fact that this could be a good photo op and possibly a boon for his ratings the u.s. has never taken north korea very seriously i mean the idea of the greatest military power in the world sitting down with a country that they've already always considered impoverished and backward i think is anathema to many people in washington the united states wants supremacy against china in the region and it wants to maintain its troops in korea as close to china as possible and that has really been a big factor and along in the conflict in korea the message that came to whom is that you know he's meeting with lavrov he's meeting with kitchen paying when jay in signals to trump you know i have friends in the region and you're the one that is isolating yourself by pulling out these international agreements and so you know i'll be fine with or without you. the u.s. has vetoed a u.n. resolution calling for an international force to be deployed to gaza to help protect the palestinians the draft was put forward by kuwait at a security council mergence meeting. thos