>> in bottom bamako itself it has been fairly quiet. this act changes that >>> the strike on the west african nation of mali and who was behind it. tense city in the shadow of the fay nation's most powerful, a community of its most fragile. >> it started from nothing and now you've got about 30 tents out here with people living here and it just up. it is a city within a city >>> the fight to save the place they call home. thanks for joining us. i'm joie chen. in a capital city with innocent travellers the targets of a the latest visual assault. the long reach of i.s.i.l. might be spreading further or was it a new group? details and insight into what happened in the west african nation of mali and how american forces might be connected. >> reporter: it was an early morning attack on what was thought to be one of the most secure starts of mali, the radisson blu hotel in bamako. the hotel serves as a popular destinations, businessmen, aid workers, airline crews. a group calling itself al-mourabitoun based in northern mali claim responsibil

bottom line. what's in your wallet? >>> we are following breaking news this morning from bamako. two gunmen storming a radisson hotel. report automatic weapons fire. the u.s. embassy tweeting a warning to staffers and americans in the area. the american embassy saying they should shelter in place. stay home. do not go out. three months ago, extremists killed 13 people at a hotel in central mali. the owner of the restaurant next door to the radisson blu is on the phone with me. thank you for joining us. tell me what you heard this morning at the radisson. >> good morning. first of all, we heard around 7:00 a.m. that gunman came in front of the hotel and shot all the security there. we heard two of the security guards passed away. then the two gunmen got into the hotel and shot. we don't know if they shot people there. around 8:00, we heard huge explosion coming from inside the hotel. after that, we have seen people from the hotel. some of them were coming in the restaurant. they managed to get away from the hotel from a small back door. that's all we heard. we have information that the tourists are in the group of the

we will try to get to the bottom of any more breaking news we have and bring those to you later. tom: we are one friday on from paris, and now bamakoli, this is mali, south of nigeria. there have been some hostages released. there is some good news in the strategy. it is in the very poor commodity rich nation of mali. there has been civil war, i will general with the taking and two jihadists 100 70 hostages. we know of three dead at this time. let's get to our bloomberg business flash her here is vonnie quinn. vonnie: a deadline today for deadline today -- for volkswagen today. --y must tell regulators newly have a million vw models in america alone have software that tricks in missions tests. bank is 2016 could be the year that emerging markets turnaround. a unit of bnp bara bob -- of bnp to settle taxay crimes. that is the latest bloomberg business flash. tom: the headline this morning is in mali. mario draghi is speaking, i know francine wants to get to that in a minute. my headline this morning is that chris grisanti, who is very cash and interest is 20% in cash to have you ever been more cautious? chris: we have been more caut