here's brendan greeley. re trying to rescue a trade deal back by president obama and opposed by many democrats. legislators agreed on legislation that would give the president the ability finished negotiation with transatlantic partnership. opponents say it will limit jobs, but the white house says it will open up markets to american goods. christine lagarde told tom keene that she will not allow greece to skip a payment. that would've given the greek government some fiscal leeway. greece told its creditors earlier this month that it might have to do just that. also crossing bloomberg terminal right now, islamic state is closing on iraqis to be 80 miles from baghdad. they say they have captured three villages. airstrikes will not be able to save ramadi. pimco is still feeling the aftershock of bill gross is the parts are. shares fell more than 5%. the firm's father worst withdrawals in history. he left for james n last september. the space s lightship reaches the international space station and brings with it

i'm olivia sterns here with brendan greeley. ead comes from the "wall street journal" from two former secretaries of state writing about the iran conflict. a very interesting take, a lengthy take. i would encourage everyone to go to the journal to read that. with us is robert will, -- robert wolf, former advisor to the president. my take away is that essentially, iran played the u.s., that they got a better deal that we did and there is no certainty. what is your take? robert: my take is that right now there's no deal. you have a framework. getting the feet -- the p5 plus one to work together in itself is an amazing thing. you have to let the framework take place and see where the agreement leaves us. as the president said, we can always walk away if it doesn't make sense for the u.s. it's too premature for us to walk away from anything. and diplomacy is always more important than war. olivia: in part of the perception for the u.s. is that the deal will extract or induce engagement in the region. but kissinger argued that we will

i'm tom keene with brendan greeley. endan why, -- brendan: right now, saudi have seized hundreds of weapons. officials say they planned to attack the u.s. embassy in are you yard. authorities say some of the suspected have ties to the islamic state. nearly 300 women and girls were rescue from the boko haram, but none of the school girls kidnapped a year ago are among them. they're still missing. and two terms summarize how americans are learning about the world. according to pew's new visitors get information from emotional devices than desktop computers, and nearly half of web users learn about politics from facebook. the report says people are more impatient on small screens than desktops. they're most impatient when sitting in tom keene's chair. coming up on "bloomberg surveillance" -- tom: that's news? brendan: the saudi king reshuffles the cabinet. we're going to go to riyadh to talk about that. we talk about the looming retirement crisis at 6:50 a.m. we focus on the fed financed's target rate in our single best cha

here is brendan greeley. new pay-tv subscriber growth is stagnating. this may be more about economics than technology. that is the subject of today's single best chart. this comes from a long analysis by those socialists at moffett davidson. growth has to come from the fourth quintile. look at how much each quintile spells on telecom. in the lowest quintile, this is below $25,000. you are spending between your cable and respond bill -- and your phone bill if you're paying it. tom: that is more than you spend on food. brendan: that is a huge percentage. when you have a company like comcast, that has what you could call a $4 billion hedge fund that it has started, one of the things it may need to look at, which is what moffett davidson is arguing, is that it may be charging too much to continue to grow. you have this problem as you look at wireless and wire. people are not buying both. they are thinking of the two as substitutable goods. it may be cheaper to have just a smart phone. tom: what is your prediction

i am tom keene with brendan greeley. olivia sterns is off. brendan: interest rate yields are at an all-time high. friday's deadline for greece to present a reform package appears to have been pushed off. the commissioner in charge is saying he hopes that will happen by the middle of next month. finance ministers will not sign off on a bailout for greece. the french finance minister says the next move is up to greece or it >> we want greece to return to its ability to grow in her cover stability. greece has suffered a lot. the urban policies that have been very hard. the solution wrought -- lies in greece. brendan: the prime minister has blocked at cutting wages and tensions. in china, the government is taking his that to jumpstart the economy. they are increasing the amount of money banks must set aside. they lowered the reserved requirement by 1%. european foreign ministers are meeting about a crisis that many say they helped create. a fishing boat carried 950 refugees cap dies -- cap says in the mediterranean. it was renzi who wants to follo

top headlines with brendan greeley. bank is set to be exploring ways to rein in emergency systems to great banks. people's knowledge of the plan say ecb ranks are proposing a haircut on the collateral they post when borrowing money from the bank of greece. greek lenders are mostly logged out of ecb cash tenders. arn holdings saul shares rise the most in two years. first quarter revenue increased 22%. that beat estimates. they are being lifted by a surge in smart phones that take advantage of its technology including the iphone apple 6 and samsung s6. and the rich are finding new ways to stretch their cash. i will say. larry zynga blackrock says gold is out studies of the wealthy are -- larry fink of blackrock says gold is out. those are your top headlines. tom: with the waning auction markets, if it is not fun to do so, do something different. if you're lucky, learn that at a young age. if you're especially lucky, you get to do it. jack welch is an engineer known for this or that and other things, but he is known for ste

let us get to the top headlines with brendan greeley. endan: senator rand paul making it official. he will announce that he is running for president. he will formally declare his candidacy in louisville. he is a favorite of libertarians and the tea party. he is also the son of former texas congressman ron paul. duke's celebrity its fifth ncaa asked ball title. they trailed by nine points, but rallied to beat wisconsin. tyus jones led dude to became the first -- fifth freshman to win the final four outstanding playoff -- player award. the air hernandez trial will close today. prosecution called 131 witnesses over two months. hernandez is accused of killing a man who is dating his fiancee sister. authorities are linking carbon monoxide to the death of a father and seven children. police found the bodies yesterday in a maryland home. a generating -- generator was being used after power was cut off after unpaid bills. utilities service was not say when the service was cut off. paying off major hedge fund companies. 14% this year. a person fam

let us get to our top headlines with brendan greeley. dan: president obama calling the iran is there deal a once-in-a-lifetime opportunity. it is not mean that the u.s. is giving up military superiority. israeli prime minister benjamin netanyahu says it will lead to a nuclear armed middle east. the boston bombing trial will head to an end today. defense lawyer saying that he was a pond his brother who died in a shootout with police. the net and trolley guidelines passed by the sec earlier this year could appear in the federal register as soon as today. new rules will prohibit internet service providers from speeding up, slowing down, or blocking a consumers access to content. it will take effect 60 days after publication. new polls shows the congo mayor rahm emanuel with a big lead. he is in a battle with the mayor for a second term. kentucky senator rand paul will make an announcement that he will join senator ted cruz of texas in the gop field with 180 people have not yet officially declared. mothers buying breastmilk on the internet ma

joining me olivia sterns and brendan greeley. very quickly at first glance, we see pfizer coming and basically in line with estimates, $.05151 versus estimates of $.50. ford coming in at $.23, just shy of estimates. a couple of analysts said we might see unusually low estimates in the first quarter. that is because of the overhaul they are doing to try to put in a new simply line for the new f-150 the new aluminum-body truck. tom: a lot of noise beneath as well. with our top headlines, again olivia. olivia: national guard moves into baltimore overnight after long day of violence. this is following the funeral of a black man who died while in police custody. buildings and cars were torch. 15 police were injured. the twins as to her of freddie gray -- the twin sister of freddie gray urged people to be peaceful. ms. gray: [indiscernible] olivia: the mayor of baltimore took a harsher turn. mayor: too many people spent generations going up the city for it to be destroyed by thugs. olivia: starting tonight, 810 p.m. curfew and baltimor

also thank you to brendan greeley and alex barinka.having you this morning before the bell. coming up, drug deals. not that kind of drug deal. hungry pharma giants are to slowing down after last year's failed takeover attempts. find out where they may bring their piles of cash next on "in the loop." ♪ matt: tomorrow we will have coverage of the march jobs report with a special "bloomberg surveillance." even though it is good friday tom keene and olivia sterns will come to work. tune in at 7:00 a.m. eastern on good friday. let's turn to julie hyman for a look at the early morning action. jules? julie: one of the stocks that was having early action was micron technology. just a little to down. it forecast third-quarter sales short of analyst estimates. we are seeing more movement in the stock. the company has said revenue would be the $20 billion to $1.4 billion. we have seen some chipmakers say they are under pressure because of weakening demands for computers. we're looking at tobacco companies, specifically two of the best performers

brendan greeley with the single best chart. brendan: where do taxes come from? the subject of today's single best chart. pay attention to the blue line. they get smaller and smaller over time. that is corporate income tax. it is easy to minimize your tax bill if you are a corporation. the red line is flat, individual income taxes. this is what you pay on top of your income tax. for fica, medicare and social security. that has grown over the past five decades. it has blossomed. increased. what is a tom keene weight is a that -- way to say that? tom: it kills the middle class and working couples making a lot of money. they get double-tax. brendan: when we are talking about the 47% not paying taxes they are paying payroll taxes. jason: there was no formal income tax in the united states until 1914. we are also -- i would also say when you look at the tax code there are 3.5 million words in it. new testament is about 300,000 words. the other story is ge somebody in our washington office made the point that ge has the best tax lobbyists on the planet. the fact that t

joining me, brendan greeley and olivia sterns. olivia: this was supposed to be the crucial meeting for greece as european countries who hold the purse strings finance ministers are meeting in riga latvia. growing more frustrated with greek prime minister alexis tsipras. tsipras was supposed to come up with economic reforms. if there is not an agreement soon greece might have to default on debts. tother european officials say greece will not come up with a list until june. from a done deal to dead. comcast is planning to walk away from the proposed 45 billion dollars merger with time warner cable as soon as today. the deal was announced 14 months ago, opposition took shape and that left consecutive's -- executive to conclude the merger would not fly. a former fcc commissioner praised the move. >> comcast is making a smart decision. it benefits consumers. olivia: on wednesday fcc officials told both companies they were opposed. saying the deal did not help consumers. they planned to call a hearing which would drag out the classes --

olivia: i'm olivia sterns and here with tom keene and brendan greeley. nology, engineering, and math represent 1.7 percent of jobs -- 7.1% of the jobs in the economy. abby joseph cohen brought this to our attention. we were surprised at how small this number is. why are we making noise about a? abby: because many of these jobs pay well, number one, but never to come out there can be considerable -- but number two there can be considerable growth. we need to prepare our young people not just at the college level, but k-12. in the public school systems in the u.s. we are lagging behind. we often talk about literacy and we often need to talk about numeracy and scientific literacy. we are falling behind other countries in that regard. brendan: in your note to investors i saw the one dollar euro and ok ok, and then i hit on this. why is this in your investors notes? abby: because there is incredible divergence in how people in this country are doing. those that are doing ok have had median income rises. those with lower income households have really been hurt

i am brendan greeley. joining me, olivia stearns has another job to do. tom keene is on a beach. he is on a beach. let's get the top headlines. francine: it -- president obama is and panama. he will have his first opportunity to meet with cuba's president. in jamaica, president obama said the u.s. has not backed off its position that cuba must include human rights. president obama: we are committed to human rights around the world. engagement is a more powerful force than isolation. this will be good for the united states and the entire hemisphere. john kerry met with the foreign minister. it was the highest -- between those whotwo countries and half a century. an announcement will come on sunday. hillary clinton signed a lease in brooklyn. that started a 15 day window. a tornado slammed into a small town overnight. more than a dozen buildings were destroyed. fair dale does not have --. brendan: the settlement with u.s. and british regulators may be finalize this month. general electric about to sell off a real estate portfolio worth $30 billion. a deal would continue the goal of

brendan greeley is here with me, as well. i know you spent some time in germany. betty dictatorship! [laughter] peter: wait a minute. -- betty: wait a minute. brendan: you're lucky i did not have real glitter. this was not the protests that happened last month. this was a group of feminist activists. they have done it to president vladimir putin. these are the kind of press -- protests that they do. they are adopting the ecb dictatorship language, but they are not connected to that same group. that said, it is interesting to get this perspective from over there. we're used to seeing mario draghi as a softy in europe. he is the one provider of any type of monetary or fiscal stimulus in the eurozone. what is fascinating is that there are groups of people on the european left to feel like he has not gone nearly far enough. i am going to talk to the finance minister of germany today. betty: are you going to ask them about this? brendan: not about the glitter bombing, but erik schatzker suggested a good question. what is potentially more dangerous -- is that the europea

here he is with brendan greeley. lfgang: the program has been extended twice it now runs through june 30. the solution must be found by june 30. brendan: your deadline is the 30th of june. wolfgang: that is the deadline of the program. betty: greece is running out of money and there is no end in sight. ecb policymakers in washington today, where of their limits. mario draghi repeated a call for reform measures. -- aware of their limits. the imf singled out the eurozone in an assessment of growth potential across the world. those are your top stories this morning. let's get back to our conversation with steve schwarzman. erik schatzker joining me as well. we did not get a lot to talk about your real estate portion. you entered this megadeal with ge. given that there is always a cycle here with property, what can we gleam on your outlook? steve: you can be a buyer and a seller. at the same time, and do well doing both. the reason for that is when we buy properties, we have a reason for buying them. we are not buying a m

i'm your with my partner today, brendan greeley.t's time to bring you up-to-date on the top stories of the morning. closing arguments are set for today in the boston marathon bombing trial. attorneys for dzhokhar tsarnaev have already admitted he's been involved in the attack that killed four people. they argued that he was the pond of his older brother who died in a shootout with police. the jury is expected to find him guilty and insurers have to decide whether he will get the death penalty. a devastating assessment of "rolling stone's" controversial story of a gang rape at the university of virginia. an outside review calls it a journalistic failure. the columbia journalism school says they failed to follow basic journalistic practices. the magazine says no one involved with the piece will be fired. and amazon is now attracting more merchants who used to be loyal to ebay. former ebay sellers say they are moving because they get more of their money by selling on amazon. amazon's pool of merchants doubled to about 2 million last ye

brendan greeley is joining me. tom keene is actually off today. brendan: greece is all paid up, at least for now. they repaid about half $1 billion to the imf today. greece is trying to persuade europe to unlock billions more in aid. >> i think they are mistreating the greeks and also are mistreating themselves. the eurozone, as a ruler, is not doing well. brendan: in february, the greek prime minister reached a deal with europe to hand over money but that was based on tsipras making changes to the economy. oil is trading near a one-week low. the market was rocked by government reports that crude stockpiles got larger. inventories grew three times as much as expected. the glut is getting bigger. the jury found dzhokhar tsarnaev guilty of the boston marathon bombing and they will decide whether he will face the death penalty. massachusetts governor knows where he stands on the death penalty for dzhokhar tsarnaev, but says it is not up to him. >> i would support the death penalty. i continue to. obviously, this is a decision made by the jury. brendan

when brendan greeley joins us from washington, d.c., what are you doing in washington, recovering from the party? brendan: it is not what you think, tom. i'm actually the least important journalist in america. when everybody was flying out of washington, d.c., yesterday, i was actually flying in. in fact, i met some of our staff leaving the event as i got to the ronald reagan airport. but i am here in town today. i have a conversation today with secretary of the treasury, jack lew, and secretary of transportation, anthony fox, to talk about infrastructure, and that is the subject of today's single best chart. the highway trust fund is running out of money. outlay have exceeded revenues by more than $52 billion. they are projected to exceed even further over the 2015-2024 period. so, tom, there's a lot of red there. i'm going ask you a pop quiz. what was the best thing that happened to you in 1993? tom: 1993, i -- i -- i -- i met someone. i remember that year. i met someone, actually. brendan: i met someone too. it was the year i starte

brendan greeley is off today. let's get some nerd news. olivia: all right, tom. nerd news. ftc staff members oppose the deal, concluding that it will not help consumers. they conclude that the merger should be sent to a hearing. that could be a significant roadblock for comcast and time warner. no one involved in the talks is commenting on the record. in brazil, the national oil company has put a price tag on its widespread corruption. petrobras will pay more than $2 billion. petrobras was linked to a decade of alleged kickbacks, bribes, and inflated contracts. the british trader accused of helping cause the 2012 flash crash spent the night in jail. sarao will fight extradition to the u.s. he must agree to stay at his parents' home and not use the internet. i am not making this up. lawyers say he helped to manipulate the market and helped wipe out more than $1 trillion of value. facebook said sales rose 42% in the quarter. facebook generates more than half its revenue outside the u.s. the chief operating officer said the company is finding new ways to target marketers on mo

i am tom keene with brendan greeley. olivia sterns is off. ields are at an all-time high. friday's deadline for greece to present a reform package appears to have been pushed off. the commissioner in charge is saying he hopes that will happen by the middle of next month. finance ministers will not sign off on a bailout for greece. the french finance minister says

brendan greeley is joining me. tom keene is actually off today. aid up, at least for now. they repaid about half $1 billion to the imf today. greece is trying to persuade europe to unlock billions more in aid. >> i think they are mistreating the greeks and also are mistreating themselves. the eurozone, as a ruler, is not doing well.

brendan greeley is live with roger, the ceo of sling tv. traight to you in san francisco. duke had a pretty good weekend how did your weekend go? >> i had a busy weekend. we have lots of customers signing up for our service. brendan: can you tell me what happened during the outages? it was a relatively short time during the first game that we had an influx of people signing up at a very high rate and we had to rebalance traffic across some of our partners. brendan: i believe you referred to it as extreme streaming. roger: we knew it was a big event but it was more than we expected. brendan: i want to know where in the network the problem was. was it software on your end or the last mile provider? when did the problem happened? roger: there are always issues that can happen in the last mile that we cannot control but that was not a last mile problem. we had to shift some load between partners to make the rest of the game work fine. brendan: so it was the backbone of the network? roger: yeah. brendan: was this technology ready because this was

joining me brendan greeley. let's get straight to our top headlines. brendan?, police used tear gas overnight to disperse a crowd that ignored a 10:00 curfew. it was relatively peaceful a day after the city was rocked by looting and violence. violence erupted in the wake of the funeral of a black man who died in plus custody. president obama: there's no excuse for the kind of violence we saw yesterday. it is counterproductive. when individuals get crowbars and start prying open

joining me, as always, is brendan greeley. olivia sterns is off today. ying to rescue a trade agreement backed by president obama. it is opposed by many of president obama's own party. unions and environmental groups are among those opposed. >> you can make the argument that a trade agreement like this will increase corporate profits. it probably will.

i'm olivia sterns with brendan greeley. tom keene is actually off today. on. i am impressed. olivia: let's get to the job headlines. brendan: it is the biggest deal in the oil and gas industry in a decade. it represents a premium of 50% on bg's closing price. >> the way we would look at it is that if you look at the combination of the two companies, what we could do with the assets that bg

in new york, we have olivia sterns and brendan greeley.a: let me put taking questions right now at a time when the economy heads into its first recession nears. >> sanctions are a political issue and we should not actually expect them to be lifted very soon. it is a strategic issue for our western partners and probably not much to do with ukraine anymore. olivia: the ruble is the world's best-performing currency so far this year after falling 2% last year. -- 50% last year. you can watch his: show live right now on bloomberg.com. the white house has not seen these poll results in five years. the way obama is handling the economy is seen more positively than negatively. 49% of those surveyed approve of the job of the president in dealing with the economy. 46% disapprove. in december, half disapproved. there are plenty of questions this morning about this bizarre incident on capitol hill yesterday. a gyro copter landed on the lawn of the capital. the pilot was arrested. the tampa bay times is reporting that the pilot is a 51-year-old postal

brendan greeley is off today. let's get some nerd news. olivia: all right, tom. nerd news.the deal, concluding that it will not help consumers. they conclude that the merger should be sent to a hearing. that could be a significant roadblock for comcast and time warner. no one involved in the talks is commenting on the record. in brazil, the national oil company has put a price tag

i've always, olivia sterns and brendan greeley. here is olivia.lion mega merger with time warner cable. six u.s. senators, led by elizabeth warren, are asking regulators to stop the deal. a saving merger of the largest u.s. cable companies will mean fewer choices for american consumers. the justice department is urged for the deal to be blocked. and the so-called flash crash of

guy: brendan greeley will be back in 30 minutes for our u.s. viewers.up, we are talking central banks with the black rock vice-chairman and former snb president philipp hildebrand. talking to manus cranny in davos. ♪ guy: welcome back to "the pulse." live on bloomberg television. pakistan's finance minister has told bloomberg that with inflation at a 12 year low, interest rate cuts are now likely. mr. dar: the board meets every two months. i think any sensible thing with to expect a cut at the next meeting. guy: euro star has seen a drop in sales after the attack on "ch charlie hebdo" the company reported growth in business travelers. netflix shares surged by 12% after hours of the back of strong first-quarter results. also responsible for shows such as of the put has a cards -- the service responsible for shows such as "has a cards," sales grew by 24%. i want to take you back to davos and manus cranny. manus: thank you. joining me now is mr. philipp hildebrand, vice chair of black rock. great to have you with us on bloomberg. if i read another article,

joining me is olivia sterns and brendan greeley. olivia: let's get to our top height lines.ltimore overnight. riots arrested after the funeral of a black man who died in police custody. demonstrators threw rocks and bottles at police and injured 15 of them. the sister of freddy gray urged protesters to make their point peacefully. >> i don't like it at all. olivia:

joining me, olivia sterns in brendan greeley. let's get straight to top headlines.deal in nuclear talks after an all-night session, the iranians say there is still no agreement at this hour, even after president obama told negotiators to ignore last night's deadline. the two sides may release a statement that falls short of the desired blueprint. >> iran has exhibited and shown its readiness to engage with dignity, and it is time for our negotiation

tom: the infrastructure battle the brendan greeley was talking about you wonder where that is going to go. it is amazing how cheap we are going back 40 and 50 years as well. it is a range bound world. the fed opined yesterday. joe weisenthal monitors transitory factors. it is boring, but it is not. range bound and yet german bonds. joe: incredible timing. in the last few days, they have been crushed. german bonds are inching close to negative yields. the yield has exploded. tom: price lower. you and i talked to talk about yield, yield yield, yield. bond owners look at price. joe: there are a number of factors that could be in play. perhaps it is because they're closer to getting a great deal perhaps because the greek finance minister has been sidelined. after this incredible bull market we have seen some pretty sharp reversals. olivia: i saw the report on bank lending. how about here in the u.s.? we heard about transitory factors. how much of the slowdown in the economy 0.2% growth -- that is brutal -- how much of it is that and how much of it is the long-term things? joe: we definitel

not with me is michael mckee not with me is brendan greeley. with me she is such a trooper olivia sterns. olivia: the labor department report is due out. 12 straight months with games with at least 200,000 jobs. 20 years since that last happened. wall street will not be reacting today. the market is closed. after nine years, iran nuclear talks are heading into their final stage. terms of a plan to keep iran from building nuclear weapons. both sides say it is a historic step. >> it is not whether it meets all of the desires of one side at the expense of the other. the test is whether or not it will leave the world safer. olivia: president obama must persuade congress to okay the deal. pres. obama: if we see something suspicious, we will inspect it. with this deal and ron will face more inspections than any other country in the world. if congress kills the deal without offering any reasonable alternatives, the united states will be blamed for the failure of diplomacy. olivia: the deal cuts into iran's bomb making capability. they have until the e

i know brendan greeley is. the guy cannot shut up about it.is furry partner made an appearance for the movie will be on the big screen this christmas. matt: i am really excited, not as much of a nerd is my good friend brendan, when it comes to these things, or for the same reasons he is excited, i love harrison ford hans solo so much. i was struck -- carrie fisher will be into this -- will be in this. "in the loop -- betty: the hairstyle is not coming back. neither is the bikini. matt: mark hamill, i have not seen him in 30 years. betty: this franchise has made $4 billion in its history. carol: that is the story. betty: $4 billion in its history, and it continues to attract new generations. matt: it probably has made more than $4 billion if you count everybody -- everything. carol: it is a disney store because they will take this franchise everywhere. matt: you can buy lego millennium falcon. it is like $2 million three million dollars per disfranchisement more than $4 billion. carol: sounds like some of who knows. betty: verizon breaking the

joining me, brendan greeley and olivia sterns.osed to be the crucial meeting for greece as european countries who hold the purse strings finance ministers are meeting in riga latvia. growing more frustrated with greek prime minister alexis tsipras. tsipras was supposed to come up with economic reforms. if there is not an agreement soon greece might have to default on debts. tother european officials say greece will not come up with a list

brendan greeley is off. eight weddings or nine weights?t to 13 weddings last year. marco rubio says it's time for his generation to lead america during he held a rally in my auntie to say he is running for president. he is just 43 years old. he did not target any of his republicans. he went after hillary clinton. >> a leader from yesterday

brendan greeley is off. eight weddings or nine weights? brendan:olivia: i want to 13 weddings last year. marco rubio says it's time for his generation to lead america during he held a rally in my auntie to say he is running for president. he is just 43 years old. he did not target any of his republicans. he went after hillary clinton. >> a leader from yesterday began a campaign for president by promising to take us back to yesterday. yesterday is over. olivia: clinton makes her campaign debut in iowa today. by traveling by van she stopped to eat at eight to pulling and was not reckoned ties. john kerry will try today with the senate. kerry said he had hopes he could clear up misconceptions. >> it's good to be able to discuss with people what is really contained within the parameters and also to lay down some of the work that we have left to do. we have two and a half months more to negotiate. that is a serious amount of time with some serious business still to do. olivia: congress must review any final plan. the senate committee may vote o

"surveillance" anchor brendan greeley asked where deal would be.: the program has been extended twice. if greece wants to remain in the program, a solution must be found by june 30. that is the deadline of the program. alix: oil prices surging to its highest since 2013. the the shale boom is easing. at the cusp is the lost of oil jobs. my next guest has quite a bit invested in the energy industry pr can, -- pierre arcand, quÉbec's energy minister. thank you for being here. what does this mean for quÉbec? minister arcand: we are not a big oil producer, so for quÉbec it is not as radically bad. first of all, it means that we can export more because the canadian dollar is less than the u.s. dollar right now. for us, it is positive. it is positive also because, i would say it is good to have, i would say more exports for consumers. it means more money in their pocket as well. for the overall canadian economy, it depends on where you are. of course, for alberta and saskatchewan it is more difficult at this particular stage, before quÉbec it is positive.

i am brendan greeley. joining me, olivia stearns has another job to do. tom keene is on a beach. get the top headlines. francine: it -- president obama is and panama. he will have his first opportunity to meet with cuba's president. in jamaica, president obama

i am tom keene, joining olivia sterns and brendan greeley. our top headlines. rose at the weakest pace, 7% was in line with estimates. a slowdown that seems to be getting worse. china is trying to transition to an economy or consumers and services make a bigger share. >> the new impetus is showing momentum. in general it is still small, although it is going fast.

brendan greeley off today. let's get to our top headlines. the suspense is over, hillary clinton is in the racened the former secretary of state has begun her prep for become president. she announced it online. hillary: i'm running for president. americans have fought their way back from tough economic times but the deck is still stacked in favor of those at the top. every day american peoples need a champion and i want to be that champion. olivia: clinton is the first democrat to announce she is running. on tuesday and wednesday she'll be campaigning in iowa, site of the first party caucuses. another republican is expected to enter the race. senator marco rubio of florida is holding a rally in miami. look for that at 6:00 p.m. a historic meeting in panama over the weekend as many are asking what is next for the u.s.'s relationship with cuba? president obama and president raul castro met at the summit of the americas and was the first encounter between the two countries in more than half a century. president obama said the two can differ and