you look at inflation breakevens and you know, 10-year inflation breakevens at 2.15ish%, that is notay inflation. if you saw the breakeven curve being very steep, that would be something to be concerned about where the fed would be hiking more. you have a very flat breakeven curve. the market is telling you that inflation is not really an issue. it will not be for a very long time. jonathan: iain stealey, do you have a better understanding under chair powell than you did under chair yellen? iain: i think the reaction front is going to be very similar. he is going to look at the data, he is going to analyze what is going on, and the ultimately the view is that inflation is going to remain fairly muted. i could pick up near term, but longer-term u.s. inflation is going to be low, and that is going to be kept down by all of the cyclical structural impacts of low-cost providers, the amazon's of this world, and low inflation globally. you know, there is no inflation across europe. there is limited inflation across areas like japan, and that is going to weigh down on global inflation. thin

you look at inflation breakevens and 10-year inflation breakevens, that is not runaway inflation.u saw the breakeven curve of being very steep, that be something to be concerned about where the fed would be fight -- i think more. the market is telling you that inflation is not really an issue. jon: do you have a better understanding under chair powell than you did under chair yellen? iain: i think it will be very similar. he will look at the data, analyze what is going on, and ultimately the view is that inflation is going to remain meek near-term. it could pick up because of a's -- base effects. longer-term, the u.s. inflation is going to be low and that is going to be kept down by all of the cyclical structural impacts of low-cost providers, the amazon of this world, and low inflation globally. there is no inflation across europe. there is limited inflation across areas like japan and that is going to weigh down global inflation. they're going to monitor the data but they are not want to feel they have to go any quicker, i think they are going to look through those. jon: the num

what was profit aable business e is now unprofitable or breakeven at best. maria: what would you like to see happen, jeff? what was your life like before the tariffs went into place, knowing you were probably on the losing end of a deal. >> before the tariffs went in place, we were focused on growing the business and growing profitable business around the world. now we're focused on maintaining business. it's not good for the long term. maria: jim, when will dairy producers feel the effect of these tariffs or have you

more penetrating radar and that will brea keven more data. penetrating radar and that will breakeventhen we will do the drilling that you mentioned, that would be a future mission in the 20 20s sometime. you know people will be yelling at this screen, we are messing up this planet, do we wa nt to are messing up this planet, do we want to mess another one? well we are not messing it up by looking for water. 0k? are not messing it up by looking for water. ok? this is a very innocent, very simple things. we are looking to see what is there and that is what exploration is all about. if you want to make an argument about that, we might as well have not sent columbus to the americas. is all about exploration, we are studying the solar system and the universe to see are we a loan? is there a second is that of life forming? is what we are doing and that is what we want to find out and i think that would be one of the greatest discoveries we could ever make a. how soon are we could ever make a. how soon are we to see the information that you wa nt to we to see the information that you want to

said riyadh's breakeven oil price twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. for help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. tunes i will be. the. man with the. newest. and it's mean is it sort of that. i did it don't just want to. and i did not is not a man. by the cookie cutter kind of have become such. an emblem of this that oh. when this clip had been fully meant to be for the man. and he has been out of the limo museum but. when he to come in and have the passage of time and have a book that he he couldn't muster. sydney have the amount of the meek mill comes he needed. young melissa. to see if of the stab i have had though as you have your own have fifty and the we all walked into on dicky on its head we have a soft young. people. all throughout the community have we have grown to have our i'm the. restaurant cinnamon it's the number set aside a name of the bus are you on the bus destroyers for us or the consciousness. on glass talk a little

if you look at the5/30 breakevens fred, it has started to invert. that?at >> the curve is moving toward inversion. basically, the more the fed tightens the closer we get to inversion. i think with a slowdown in china and europe, will eventually be back to the states next year. we will get a fed pause, particularly if i'm right about volatility in financial markets. possibility that the fed will be cutting next year. alix: cut next year? >> if we get an event, like the russian crisis. is nothing wrong, per se, economy, but if we get a significant dislocation in the markets, we may see the fed cut in 2019. david: that says the administration's plan may not work. big tax cuts will cause economye get a significant dislocation in the capital investment which will increase productivity and sustained longer-term growth. if i'm ajust said, ceo, i'm not investing in that environment. a what i'm talking about is financial markets event that feeds back into the u.s. economy that troubles the fed. the u.s. economy is robust, the corporate sector has a lot of cash fro

it's a breakeven for many farms now, but the good ones survivets now, but the good ones survive, and they find other things to do. that is the way our economy works, but it is very, very challenging. that's why the cumulative effect obviously of the issues over ethanol and the rfs issue is so important. that is why trade is so important and that's why the cumulative effect of even the farm bill anticipating the farm bill renewal as a safety net is all-important. >> mr. secretary, we are about to get the hook but i want to sq real quickly about rural daily life. the population of our rural communities is shrinking. >> it is troubling right now. one of the things we are really focused on usda for real development is broadband. we take it for granted in our urban areas but many people, many kids going up don't have the advantages, the socialization of rural broadband. it's more than that. precision agriculture depends on broadband to be able to plan that seed right where it should be, but the inputs there. and then telemedicine, e-commerce, those kinds of things and one of our big old i

said riyadh's breakeven or a price of twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. for help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. chinese investment in egypt has gradually grown in recent years some huge capital projects are planned costing billions of u.s. dollars. at the same time the number of chinese living here has grown charmer on ten thousand some building infrastructure others starting their own businesses all seen similarities and differences between their two ancient civilizations. it was. on the. phone what if. i did you know in the united states in. your team that you've all seen the show. you know. there's a farm a young you know. to be in for the christian if it's even joe publisher in the city that's on one and so. maybe. they have some of the most of it in the so that's on one and they've got only all the mustard in using that if you know those are all the. evils one other gentleman. woman somewhere and see one thought she was going to

said riyadh breakeven oil price twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. for help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. except our intelligence community is conclusion that bush's meddling in the two thousand and six election took place. damage control for donald trump a change of story to calm the political storm. and welcome to al-jazeera on live from headquarters and. also ahead some very expensive spin a new report warns bush democracy could be under threat from the u.a.e. . machine. fighting for control of the nicaraguan neighborhood at the center of the battle against the president and thousands of russian smock one hundred the country's last royal family was executed heralding the rise of communism. that's been damage control for donald trump has been forced to pull back from comments made during his health news conference with vladimir putin the u.s. president now says he accepts the intelligence community's assessment that russia did

said riyadh's breakeven although price twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. to help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. in one thousand nine hundred forty eight the state of israel was proclaimed. palestine was lost. sixteen years later in one thousand nine hundred sixty four the palestine liberation organization or the p.l.o. was founded. made up of different factions the p.l.o. has been at the heart of the struggle to regain palestine ever since. after years of bloody infighting the various palestinian factions began to resolve their differences. to maul to us events in the region were to prove both the solace and the setback for the palestinian cause. yet by the one nine hundred eighty seven the various factions of the p.l.o. had come closer together after the past four years of into palestinian strife. the palestinian parliament in exile the palestine national council met in algiers in april of that year a common cause help unify ra

said riyadh's a breakeven oil price for twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. for help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. afghanistan and ukraine in focus is nice the leaders meet for day two of their summit in brussels. come on peter w. watching al-jazeera live from doha also coming up. we made them relaxed and calm and slowly moved them out first details emerge of twelve children and their coach were rescued from a flooded cave. croatia beat england in a nail biting world cup semifinal they'll now face france in the final on sunday. and a new book offers a window into nelson mandela as he is in prison. it's the second day of the nato summit in brussels where member countries will try to turn the page from donald trump's demands for higher defense spending yesterday today will focus on ending the conflict in afghanistan and look at security worries in ukraine mr trump ramped up the tensions within hours of the summit opening diplomatic

said riyadh's breakeven oil price of twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. for help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. this is al-jazeera. hello i'm rob matheson and this is the news our live from doha coming up in the next sixty minutes warnings of a crisis as jordan and israel refused to open borders to refugees fleeing a government offensive in southern syria. the un's human rights office accuses the u.a.e. of the torture and sexual abuse of yemeni prisoners. malaysia's former prime minister najib razak is to appear in court in the coming hours over.

breakeven, the inflation breakevens are coming down and .hat is an important aspect bunds are down by and let's flex back over to equity futures. i have a feeling that we are low on the equity futures as well. bonds,te of play on the there is our markets, a little bit softer, quite surprising. a lot of it to do with looking for a clear direction. you have more breaking news on fordham. bitda the comparable e cming -- coming in. sales numbers look to be broadly in line. we will be speaking to the ceo and he will be joining us for his first interview of the day a little bit later on in this half hour. retailing in clothing and they decided not to pay a dividend. which is of interest but they save their elevation strategy continues to exceed views so we will see where that goes at the open. msciely flat on the asia-pacific. earnings reports in asia and europe, the jobs data out of austria misses the aussie dollar. not giving a great deal of guidance. we are flat on s&p futures. trying to find the next footing on the earnings story and trade. let's get a bloomberg first word news update.

said riyadh's breakeven oil price of twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. for help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. the prime minister is calling it long speakable tragedy of the seventy six people are killed in wildfires in greece whole families are found huddled in a final embrace. all of them jim mcdonald this is al jazeera live from london also coming up under some missing in a lie was softer down collapses sending more than two million of them pick swimming pools worth of water crashing into villages israel should stand a syrian fighter jet that it says strayed into israeli airspace. site security preparations pakistan gears up for an election one hundred million people are eligible to vote in. wildfires this went to a coastal areas near the greek capital athens have killed at least seventy six people including entire families rescuers fear they'll find more bodies after the fires devoured homes and forests people ran into the sea in

said riyadh's a breakeven oil price of twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. to help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. in one thousand nine hundred forty eight the state of israel was proclaimed. palestine was lost. sixteen years later in one nine hundred sixty four the palestine liberation organization or the p.l.o. was founded. made up of different factions the b.l.o. has been at the heart of the struggled to regain palestine ever since. after years of bloody infighting the various palestinian factions began to resolve their differences. to mold to us events in the region were to prove both a solace and a setback for the palestinian cause. by one nine hundred eighty seven the various factions of the p.l.o. had come closer together after the past four years of into palestinian strife. the palestinian parliament in exile the palestine national council met in algiers in april of that year. a common cause help unify ranks.

said riyadh's breakeven oprah's twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. for help now we bring you the stories the economic world we live in counting the cost on al-jazeera. judging the u.s. supreme court democrats are alarmed that donald trump's choice of justice to join the highest court in america they say brett kavanaugh is a public loyalist he's too conservative and the right wing so can he win an expected face confirmation battle in the senate this is inside story. hello there welcome to the program i'm laura kyle the latest political battleground in the u.s. senate as soon set become donald trump's choice for supreme court judge the president's nomination a republican loyalist brett kavanaugh is opposed by democrats they say trumps trying to tilt the nine justices in the highest court in the land towards the conservative right of the groups have already begun spending millions of dollars to persuade senators to make the right choice when they vote in the autumn a confirmation is expected to shape the supr

said riyadh's a breakeven oil price twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. for help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. the sun and did a. book. defeat. the sea in. and see him been a sort of. you know fearful in a seizure in. need and. yes there. is you know rationing teach. the fish and. chip in and he will let you. know if you get him how to say dana listen said to mrs de. rick said to the. peter. who has said the. i didn't it didn't strike him and i'm going to kick. a hole a bit and see if there are likely hood of my tissues please go off he. another thing that i never hear those found out and that. one do you realize that. there are actually three and to have acted and then commissioner said sue for we have never has it. been so good to me if a motion i must have seen in the stomach. if that had been made beard here is. one of the. if there is not my last post and the only. here i'm in a helicopter and of an office at my own in a play mo

yet, in some of these districts, he is probably breakeven or popular. he is still very popular with his base as the caller's comment indicated. in a race like ohio's 12, the candidates have to do a dance. they would love to get donald trump out here to energize the rural areas that have lots of trump supporters in them, but they also risk energizing some of the places that are heavily democratic as well. i think the president can do good for republicans, especially in some of these republican districts. but in the democratic-leaning districts or the swing district, i think you will see candidates avoiding him, just as candidates avoided barack obama in swing districts during his presidency. host: as you go to your site, the generic ballot giving , explain a 7.3% edge to our audience what that means. very expensives to pull individual congressional districts because you have to pull something on the order of 100,000 people. where theyo instead as people, hey, who do you want to win congress, or who do plan on voting for in the next election? can people g

said riyadh's a breakeven oil price of twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. for help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. saudi arabia temporarily halt shipments on the key oil routes after an attack on two of its vessels by yemen's filthy rebels. are going on three thousand this is all just a red line from london also coming up a suicide bomber kills at least thirty one people outside a polling station in pakistan in an election already marred by claims of forwards and manipulation i still launches a series of suicide attacks in a province in southern syria more than two hundred people are killed and dozens more injured and rescuers search homes and cars in greece looking for a dozen still missing as the death toll from the devastating wildfires which is eighty. we began with a breaking story from saudi arabia the kingdom's energy minister. has announced they are temporarily halting all shipments through the bab el mundo strait which is

said riyadh's breakeven although priced twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. for help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. when diplomacy fields and fear sweep then our borders are wide open wide open to drugs terrorists we've proven the barriers are built to impose division and it's not effective instead of being an obstacle or tornado wastes into became another obstacle to peace in a four part series al-jazeera revisits the reasons for divisions in different parts of the world and the impact they have on both sides walls of shame on al-jazeera. this is. this is the news hour live from london thank you for joining us coming up in the next sixty minutes. applause for the rescuers who brought all twelve the young thai footballers and their coach to safety after seventeen days trapped in a flooded cave. america appreciate your allies after all you don't have the money. a blunt tribute for donald trump from the europa's the u.s. president he

said riyadh's breakeven oprah's twenty eight team is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. for help and now we bring you the stories of the shaping the economic world we live in counting the cost on al-jazeera. anger and the knesset's and international condemnation as israel process the law making itself an exclusively jewish nation. alone all come to make a polland this is al jazeera live from london also coming up. president trump rejects blad america proposal that russia be allowed to question u.s. citizens. the sound of gunfire as russian troops drive through a village in armenia the prime minister tells al-jazeera it's a provocation. and french president emanuel micron under fire after one of his top aides is filmed hitting up protester. israel has passed a controversial law that defines the country as the nation state of the jewish people that makes hebrew the only official language downgrading arabic to an ambiguous special status critics say the law marginalizes israeli palestinians who make up twenty percent of the popul

said riyadh's breakeven or price twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. for help now we bring you the stories of the shaping the economic world we live in counting the cost on al-jazeera. i phone. and that's. plugged in the street it's. just. the nature of news as it breaks all those thousands of women have reported other sexual atrocities in south sudan sewer rats are going to face this figure is likely much higher with detailed coverage nearly fifty schools took part in the drive each one responsible for the whole acting a different school supplies clothing from around the world disabled folk whole is still very new here but these players are very confident they won't be able to leave gaza maybe one day by all means to study. the form a bishop of hong kong says the pope is sending out china's complex pieces of things out there on those informations recently and sending them to church cardinal joseph zahn talks town jazeera. twelve time boys and their coach speak out about eighteen days trapped in a flooded ca

said riyadh's breakeven although price twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. to help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. recent elections most notably vats of donald trump as u.s. president apply logic the role played by social media in spreading malicious propaganda and fake news in this whole terms of cyber reality fiction becomes fact lies become truths and political consensus becomes almost impossible. in the second of two special reports which investigates allegations that russia and the far right have been using the technology to undermine democracy. america's two thousand and sixteen presidential campaign highlighted new threats to democracy posed by social media platforms in the internet. the u.s. congress is investigating how the russians used facebook twitter and google to wage information warfare and a special counsel is looking into whether the russians in the trump campaign actually colluded in their digital strategies. ther

said riyadh's breakeven oil price twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. for help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. the nature news as it breaks a live thousands of women have reported rape and other sexual atrocities in south sudan so were threats are going to say that figure is likely much higher with detailed coverage nearly fifty schools took part in the drive each one responsible had her liking a different diet of school supplies clothing from around the world the faithful focal is still very you have the players are very confident they won't be able to leave gaza and maybe even want to fight on the international side. one thousand nine hundred eighty eight the state of israel was proclaimed. palestine was lost. sixteen years later in one thousand nine hundred sixty four the palestine liberation organization or the p.l.o. was founded. made up of different factions the p.l.o. has been at the heart of the struggle to regain palestine e

said riyadh's a breakeven although priced twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. to help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. hold up in these himalayan mountains you feel you could almost touch the sky. no wonder people who live here if you close to the heavens and their gods. but the reality you there are a lot of very unhappy meetings going on here. these are stealing precious religious icons it's a theft not only of valuable treasures but also of culture. i'm steve chowed on this episode a one on one east we're deep in the himalayas tracking those behind the theft and of paul's garments. the drive into the poles remote region of mostar starts here three thousand meters high. dusty. dangerous. yet stunning. tash this place is beautiful i know i it's amazing it's just tucked away in the corner of the himalayas you know. these mountains are not only home there are places fighting to protect i grew up here all my life and their own good lov

said riyadh's breakeven twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. for help now we bring you the stories the economic world we live in counting the cost on al-jazeera. judging the u.s. supreme court democrats are alarmed that donald trump's choice of justice to join the highest court in america they say brett kavanaugh is a public loyalist he's too conservative and the right wing so can he win an expected confirmation battle in the senate this is inside story. hello there and welcome to the program. the latest political battleground in the u.s. senate as soon set become donald trump's choice supreme the.

very low breakeven prices. alix: does the private equity world make up for that?k about what driving the gap, it is a lack of x u.s.ent in non-opec question is you have to ask is shale and the low-cost reducers, -- producers. term,d argue in the near it likely can. between now and 2020. if you begin to think further out, it becomes a larger question mark. the theme we would like to put forward is we have seen a sharp investment and long cycle projects. you pick your industry. it is a long cycle investment. capital from those sectors. we refuse to invest in short cycle, tech. anything that has a 12 or 18 month turnaround. alix: yours is long or short? >> this is long cycle. once you drill them, they produce for 20 years. david: does that mean the prices are lower and creates a greater opportunity? >> absolutely. the backdrop is increasing demands. not enough supply coming up. all these reservoirs are declining. if you do not reinvest, you get a supply gap. that is what we are looking at. >> we think it is a theme of mining and the entire commodity complex. it is th

said riyadh's breakeven although priced twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. for help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. and for you. this is al-jazeera. carry this is the news hour live from doha coming up in the next sixty minutes. stepping up the offensive syrian and russian forces launch more airstrikes over terra endangering three quarters of a million civilians. opening salvo of the trade war the u.s. and china start imposing tariffs on billions of dollars worth of imports. that had to be u.s. environmental protection agency resigns at.

breakeven twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. for help now we bring you the stories that are shaping the economic world we live in counting the cost. you're watching al-jazeera a reminder of our top stories this hour donald trump has been forced into a very public and embarrassing climbdown the u.s. president now says he accepts the intelligence community's assessment that russia did meddle in the twenty six election trump says he misspoke at a news conference with vladimir putin in finland. security has been stepped up at oilfields across iraq his anti government. deadly protests have continued for more than a week amid growing resentment over government corruption and a lack of basic services. and u.k. based investigative agency has obtained documents revealing i'm expensive lobbying efforts by the u.a.e. in britain and the us spend watch report says secret meetings were held between abu dhabi's crown prince and britain's former prime minister david cameron. the international criminal court has had some no

said riyadh's a breakeven although priced twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. to help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. al-jazeera it's sweat every. the former bishop of hong kong says the pope is sending out china's catholics but all of the pieces of things that you need out there on those informations is really setting up the church cardinal joseph zahn talks town jazeera. you're watching all jazeera a reminder of our top stories this hour u.s. president donald trump now says he holds vladimir putin personally responsible for moscow's meddling in the twenty sixteen presidential election it's the latest change in trump's tone after he was criticized for failing to confront putin after their summit in finland. seven member countries of the organization of american states have requested a special meeting to discuss the violence in nicaragua vallier security forces and supporters of the nicaraguan president daniel ortega stormed a major

said riyadh's breakeven although price twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. to help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. recent elections most notably that to trump was u.s. president of highlighted the dangers to democracy posed by those using social media and the internet to spread malicious propaganda and fake news so how and why a cop from such as facebook google and twitter so wide open to abuse in a two part special report we sent called babe sounds to investigate. san francisco and silicon valley tech companies driving the digital revolution see themselves as positive agents of political and social change facebook's mission is all about giving people a voice and bring people closer together those are democratic values and we're proud of google's mission store going to sports information and make it universally accessible and use the more you learn about technology the more you learn what's possible. at twitter mark and. if we want

said riyadh breakeven oil price twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. for help and now we bring you the stories the economic world we live in counting the cost on al-jazeera. power australia's hardline immigration policies impacting border security and how are they affecting the lives of refugees will hear more about the country's system of offshore prisons in today's show remember to send us your comments and questions live via twitter or you tube. i'm not much of a dean and you're in the stream. zero chance of resettlement that's the message the australian government has been sending to asylum seekers desperate to migrate into the country by boat it's been five years since australia began refusing the mainland resettlement for asylum seekers sometimes described as boat people who are refugees who do take the chair arms they face the prospect of indefinite detention while they wait for their asylum claims to be processed in offshore refugee camps the government says its hard line stance against illegal immig

one of the things i am looking ifwas treasury in tech -- you look at the breakeven rate between nominalds and around 2.1%it is but we are running ahead of that. as i look at the sum total of the economy i see more risks to the right side, meaning the more than 2.1% side. unemployment is very low. we see discouraged workers coming back. there is only so far it will take them. other things happening, commodity prices are coming back. we are seeing a strong consumer base, seeing people bidding for homes. all of these things are inflationary. i am much more willing to make the bet it is ahead of 2.5% instead of below it. paul: your optimism extends beyond the shores of the u.s.. do you see buying opportunities? andy: the emerging markets are a tough market to call because there is so much outside of their control. the biggest thing outside of them is the trade war. most of them proceed just perceive any tit-for-tat tariff battle will come out against the emerging markets and in favor of the net importers. i believe it is true in the short-term, but what i am seeing is emerging markets of de

breakeven andhe factor in thet forecasts government bond markets and it was important with a valuationhere is a relationship that germany has with the of the par the world. >> you have the risk of the look throughnd you the noise and, if you had the tariffs, you would get these going out for the next year. what about the year after? it drops. conditioned in a transitory way and what if that was wrong? i was worried about the and itonary consequences andeighs the superficial that is where the smart money is. >> we will wait to see. the head of fixed income research joined us with his latest thoughts on the bond market. bloomberg users can interact with any of the charts on the program. the recentwse on charts and save them for your own research, as well. >> they are high this morning. answer -- aree not the answer. that is the exclusive interview coming up next. lower ahead ofre the imposition of tariffs on exports and we will bring you the latest there. price or havehe we yet to price it in? this is bloomberg. thet is the morning after fourth of july celebration and it will be a rough

manus: it is interesting, we're up.ng wti pump the breakevens in the united states are coming back alower. we're still not seeing massive breaks or animals. reflation stories are we? all the pressure is in real yields. there are a good hedge at the moment. we are seeing quite a lack of inflation pressure, despite a tight labor market globally. unemployment rate is below the natural rate, we are not seeing a pronounced pickup in wages. the inflation outlook still looks reasonably good. we are still almost in the goldilocks scenario. anna: you said you are still buying it's the globalization seen despite the threat. does that extent to what u.s. industrial, what many of the markets are making a storm in a teacup? shaun: we like u.s. tech. i think it can sustain those margins. we still like the u.s. market as a whole. we still see rates going up into the middle of next year. thank you so much for being with us this morning. markets are set for long lunches , u.s. equity futures are open and trading. not a huge amount of value put into those. we wait for the powell commentary. will the s

said riyadh's a breakeven or low price for twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. to help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. provoking one of the largest corruption investigations in south american history the cold war scandal has left its mark on countries from brazil. business leaders multinational corporations and politicians have been caught up in on occasion ranging from bribery and money to bring to distorting the democratic process to the case some folks we sent through call took a stock broker rich to find out. the biggest corruption scandal in brazil and latin america began by accident of this complex in the nation's capital. it was march seventeenth two thousand and fourteen and the federal police team had the location on the surveillance they believed it was the center of a money laundering operation run by a former convicted criminal i'll bet you're safe. to say only stassi the. latest on the new leads a group of state prosecut

of fundraising, if you atk at the math of tesla, 5000 cars a week for the whole carter, they will breakevenof cash flow. that means they can run the business and continue to invest in the growth of the business with a 750 million cap expected the quarter -- in the quarter. that's why i'm saying we don't need to raise money. there are two things you need to add to it. the first is the margin of safety. tesla has $2.7 billion on that. that's more than $1 billion is going more quickly. it is very limited room. there could be willingness to increase the buffer. the other thing is that the model three today, you cannot evaluate the release agreement. you have to pay up front for it. that is going to limit tesla's ability to expand. having a stronger balance sheet puthe future in order to that on the model three is something management will consider. to run the business, you don't need to run cash that she don't need to have cash -- you don't need to have cash. additional cash would be welcome. scarlet: not a necessity but could provide cushion. thank you so much, news street research pierre ferr

said riyadh breakeven oil price twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. for help now we bring you the stories that the economic world we live in counting the cost on al-jazeera. here in the stream now live on you tube it's the only country in the world that doesn't allow divorce in the philippines should couples be allowed to break the bonds of marriage we'll look at the ongoing debate. of last legislation is facing a difficult battle in the philippines where a largely roman catholic population remains divided over the legal all related to break a marital contract a divorce bill still waiting to be addressed by the senate would expand the reasons for ending the marriage to include abuse and fidelity and irreconcilable differences listen to what the former speaker of the house who was just ousted on monday said on this issue this is principally on. with each other. it's a bad. bet remember. that. the philippines and vatican city are the only places in the world where divorce remains illegal so how would legalize

said riyadh's breakeven oil price twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. to help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. the sams in archaeology graduate from iraq he's also a part time going to pergamon museum which includes a reconstruction of the famous ishtar gate in babylon most of the people he's showing around came to germany as refugees this is just one of several billion museums taking part in the project called a meeting point and as well as bringing people together one of its aims is to emphasize the contribution of migrants right up to the present day to western culture. because i've been here for some time i can help them with lots of things that mrs ford to me the great thing is it's not just about museums about forming a new life here and part of life is culture. welcome back a quick look at the top stories this hour all twelve boys and that football coach trapped inside a flooded k. system in thailand for seventeen days have bee

said riyadh's a breakeven or price for twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. to help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. for the first time since problem of bobby was forced from power by the army the people. we will see in the next president what a struggling economy and frustration amongst many young voters means the result. is still hard to predict follow this election and i'll just say until now the coverage of latin america and most of the world was covering khuda todd's tragedies first quake's and that was it but not how people feel how they look how they think and that's what we do we go anyway five and a half months of demanding it to an education system that was introduced. in latin america as as europe has come to fill a void that needed to be filled. and in doha with the top stories on saudi arabia says it will temporarily stop oil shipments through the bubble munda strait. carrying crude oil was attacked so idea arabia blames

said riyadh's breakeven although price twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. for help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. yury in the knesset has israel passes a new will all defining the country as the national home of jewish people critics say it legalizes the screamin aisha. hello i'm barbara sarah you're watching our jazeera live from london also ahead a palestinian has been killed in an israeli strike in gaza the attack was in retaliation to protesters launching burning kites across the border french president the manuel mccraw is under fire after one of his top aides is filmed allegedly his. protester class killed all the survivors out there korea does matter. and you are not alone the victims of the biggest sexual abuse scandal in sports receive an award for their courage in speaking out. hello welcome to the program israel has passed the controversial law that for the first time because the country to be the nation state of the j

said riyadh's a breakeven although priced twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. to help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. in one thousand nine hundred forty eight the state of israel was proclaimed. palestine was lost. sixteen years later in one thousand nine hundred sixty four the palestine liberation organization or the p.l.o. was founded. made up of different factions the p.l.o. has been at the heart of the struggle to regain palestine ever since. with the prospect of a new order in the region the p.l.o. needed to shift emphasis from revolution to negotiation. but the new political forces were making their presence felt within palestinian society. threatening the role and relevancy of the p.l.o. . people following the one nine hundred ninety one gulf war u.s. president george bush and his secretary of state james baker decided that was high time to resolve the problems in the middle east they devised a formula to bring the reluctant

said riyadh's a breakeven although priced twenty eighteen is likely to be around eighty eight dollars a barrel why is argentina again turning to the i.m.f. to help now we bring you the stories that are shaping the economic world we live in counting the cost on al-jazeera. al-jazeera. every year. every weekly news cycle brings a series of breaking stories but it was in the truck didn't happen on the boy told through the eyes of the world's journalists the images matter a lot internationally to join the listening post as we turn the cameras on the media and focus on how they report on the stories that matter the most the big third is someone from the country who guides you who leads you to the story of the bottom line tells us who wrote the listening post on al-jazeera getting to the heart of the matter if mostafa can do the turkish cypriot people calls you today and says let's have talks would you accept facing realities what do you think reunification would look like there are two people think the peace for unification is the only option for prosperity of south korea hear their story