coming up next, amy pope, chatham house. we talk dnc.s is bloomberg. ♪ hefor close to four years, has shown no interest in putting in the work. no interest in finding common ground. no interest in using the awesome power of his office to help anyone but himself and his friends. treating then presidency as anything but one more reality show he can use to get the attention he craves. tom: whatever your politics, we -- that is extraordinary to hear any former president to speak of any president like that. maybe adams and jefferson and the battles they had in 1802, just extraordinary. to give us perspective, amy point -- amy pope joins us. you with us have today. president obama -- and i remember this in his first lincolntion -- echoed in talking about a better america. somewhere out there, republicans and democrats are looking for a better silent majority. where is it? amy: good question. right now, partisan folks are controlling a lot of the narrative. what i see at the convention is they are trying to bring together a range of points of v

leslie vinjamiri will join us from chatham house. we do that next. this is bloomberg. good morning. house speaker nancy pelosi has called the house back from vacation to deal with the postal service crisis this week. states itwarned 46 may not be able to deliver their ballots on time for the november election. appointeesed trump's of enacting sweeping new changes that degrade operations. goldman sachs is raising its year end price target for the s&p by 20%. strategists say they see the benchmark hitting ready 600. the s&p's rally has cut many by surprise. in belarus, it was the biggest antigovernment protest yet. tens of thousands gathered to oppose a fraudulent, tainted presidential election. the president denounced the bandits.s as trash and in japan, the economy shrank in the second quarter by the most on record. the world's third-largest economy was already hurting when the coronavirus outbreak hit. japan had already slipped into recession. buy a san agreed to francisco-based company. overpresents a 10% premium the closing price on friday. cipia focus is on a number of autoimmune

over thank you so much for talking to us for not months or director of the iraq initiative at chatham house live there from london thank you for your time still ahead on al-jazeera cellists president receives a frosty reception during his state of the nation address following months of political crisis and accused of spreading lies and cover on advise why a south korean turns leader is being blamed for spiking tests. alice's chance is full of cloud it's been very wet recently the circulation always shows up there and it's still there for another day to get to sunday when it's disperses the rain is at its heaviest in north vietnam and spring dances moron's in the south china sea given that's where all the action is that does mean things are a little quieter to the south much of borneo is dry sumatran java also fairly dry something thailand is not being were equally getting rather an increase in the monsoon all right and there's a lot of showers from the philippines science woods to west papua and so the wasted not existing condition by the time we get to monday but the rain is dispersed thro

lina khatib, the head of the middle east and north africa program at chatham house.we appreciate it. >>> thousands of people are descending on sturgis, south carolina for its annual motorcycle rally. only 7,000 people live in the small town but they're expecting around 250,000 visitors. and residents are worried some of those visitors will bring coronavirus with them. cnn's ryan young tells us what the bikers have to say about it. >> reporter: when you get to sturgis, south dakota one thing you'll notice right off the bat, the traffic has swelled here. this is a town of 7,000 normally but right now this city is full of people. look all the way down the road here and i can tell you this multiplies itself mile by mile. it takes a half hour to go a mile here as thousands have descended on the city for the rally they say they wanted to be a part of. one of the things that stands out here is a lot of people are choosing not to wear masks. they believe that's their right. and you do see some people wearing masks but they understand those are decisions that have been made b

to welcome mary haas the penya tourney's are now an expert in better russian politics at chatham house in london is joining us from minsk today thank you for your time so the idea of these sanctions going on 20 certain officials but not to the president what do you think it might actually achieve it seems like quite a sort of small step or a gentle 1st step well this actions will not have any significant impact on location and car or she's officials actually this month several protests were killed thousands were tortured repressions to continue every day so when a look at shank upfront and touring the e.u. well it will not influence the decisions because he's not going to the u n u a and she and his officials didn't have any private esas in the so directly speak and the fact that the e.u. is not introducing serious sanctions against russia is a license for him to continue reserve brushing so why do you think the e.u. has decided to well hold back almost. well it seems that the west is war 8 ball it's russia's position and they also probably the reason that actually the west is not tren

giles thank you very much for joining us today from the chatham house. now iran's atomic energy organization is saying last month's fire at the natanz nuclear facility was an act of sabotage and that the cause of the blast will be revealed in jew time much as an attack facilities on the ground fire official said the damage was significant enough to slow nuclear development in ousmane comes a day before the head of the un's atomic watchdog arrives in teheran in an attempt to get access to sites believed to be storing undeclared nuclear material as a bake has more from tehran well this is the 1st time they were officially admitted that this was an act of sabotage when this incident took place in early july we were 1st told that it was an accident i had taken place then it was revealed that actually there was more damage than previously thought and then we were told that there was considerable damage and it could cause medium term delays for the production of advanced machines but iran said that they would compensate for any delays but creating more capacit

perspective so for more we can speak to paul malley consulting fellow of the africa program at chatham house joins us live via skype how urgently does the country to well the coup leaders need to create a political roadmap promised elections. that's the most urgent priority it's very interesting when you look at the comments that there are a range of parties both mali and politicians but also some international players are using they're talking about the need to restore constitutional order and therefore a political road not whether that leads to new elections or not but what they aren't necessarily doing is specifically calling for mr cater to be restored as president so the international community and particularly echo us is leading the international effort basically the u.n. you the french african union are all backing of course are allowing themselves a little political space for negotiation but ultimately their view is that the the military must very rapidly agree to a swift transition back to proper constitutional order and if necessary elections because well those problems that you've

and on the phone from minsk we have the pena he's the robert stiffed an academy fellow at the chatham house institute in london welcome to you all if i could start then with 3 hor in minsk is this a turning point in belarusian history thanks a lot from harry hopefully. we can play lower than a rouge. health class and let not it was actually a 2 momentary blow sent to 23 military really brutal 2 forestry anyway. my troll actually. 'd has just launched into. the question right now. and relates to situation a very large and beautiful army and political blue so they are completely brutal actually. if by using forms for fuel to power put some plan tension between the sort of information. they will remain a 2nd well i've actually done role. will be proven by any ritual to tackle political change the reality of real 44 and if you plan. to just change can come quickly. from the majority of bills fans want ok let's bring in alex if we could from london so alex listening to our radio had to say they don't expect any serious political change this year he says so is the challenge to look at shankar rig

and fact so we're going to talk to cronies couple it is about as a maritime security analyst at chatham house in london nice to have you with us so i believe in current form wrong that actually turkey has in the past made these sorts of expansions out into the sea so greece would probably just say well what you can do we can do as well. you know to be able to answer that question we need to go back to 98 the 2 but when they're right to countries to expand to development to cover miles that their territorial waters were granted and if you look at this the basics so we will actually see the. need apply that's right and it's fun to go myra's in the black sea and they did mediterranean if you can do so at the d.n.c. because. there will each use that's going to be shot with greece but up until today when the prime minister announced that he will be expounding to of not go my it was certainty on you can see it to eat regional is the only country globally that we're still 6 not to go miles greece doing that expanding to build a new government in the home you can see does understand that there are is

phone from minsk we have asked the painter he's the robert bosch stiffed an academy fellow at the chatham house institute in london welcome to you all if i could start then with the whore in minsk is this a turning point in belorussian history. thanks a lot for how in the 1st place i would like to apologize that i will be. lower than the rouge and they are going to be as i haven't slept today with melted was actually a key moment to complain for she was 3 and it was really difficult to focus group anyway the main takeaway from my trolls is that actually bars 'd has just launched into. the crisis. right now. popular and yesterday full particulars of elections and use of army and police again blue so they completely bruised my team it seems that by using the trolls he'll be in power for some time but tension between the whole different dimension will. they will continue and 2nd if that actually brings down the don't believe. will be proven much any issues expect and political change the fianna get referred to for every piece on a grand isle the meter deep into debt for you if you want to just the

director of the middle east and north africa programme at the international affairs thinktank chatham house blast. it is not going to be easy to speculate. it could be an accident, it may not be an accident. regardless, explosive material of this kind should not be stored in an area close to residential neighbourhoods and unsafely and certainly should not be there for six years. this speaks of gross government incompetence and illustrates the huge level of corruption that labour non—has been suffering from for decades —— labour non—. “— suffering from for decades —— labour non—. —— labour non—. —— three. —— three. ——lebanon. it is known his brother is often smuggling material like this —— his brother. they may have some link but is too early to tell —— his brother. they have not been benefiting from tonnes of fertiliser sitting a pauper six years. explain the timing of this ——? this week, it is significant. absolutely come on friday the special tribunal for lebanon that is investigating the assassination of the former prime minister is meant to issue its verdict. it is expected that the fou

for the failure real ass upin you're there speaking to us from london where he is a fellow at chatham house thank you for being with us great to get your thoughts on out of there thank you well moving now to the economic fallout of the coronavirus pandemic and unemployment is still above 10 percent in the united states the government has released its figures for july showing that it dropped from 11 point one percent in june but millions of people are still without jobs because of the pandemic and a stalemate and congress is holding up benefits republicans and democrats are still at odds over a new emergency package after federal payments to keep people afloat expire and john hendren reports from chicago. for more than 30000000 unemployed americans warm summer days fade to sleepless nights i never anticipated being on unemployment period i think that that was never something that i thought would happen to me in my life among the newly unemployed since march is sira guard who lost her human resources job in fears losing her identity what's at stake for my family is. being able to stay who we

here's the james nixey, the director of the think tank chatham house's russia—eurasia and europe programmesussia will do nothing. slightly less likely but still a possibility is that russia will intervene with muscularity militarily as it did in ukraine and in georgia in 2008 and 2014. i think more likely is that although lukashenko as you inferred is not a particularly popular person in the kremlin, he is nonetheless still an ally, he is anti—west and that counts a lot for vladimir putin. so it is most likely that russia will try to intervene in these more underhand ways, so—called hybrid warfare whereby they try to undermine the opposition or maybe they try to get their way with the new people in power in fact. a little earlier i spoke with bbc russian‘s yuri vendik about what might happen next. i hear is all sorts of various comments and forecasts as to what russia might do and one of them you have just heard. well, russia might do and one of them you havejust heard. well, some people do argue, some hope, some fear that russia might help lukashenko to stay in power, even physically inter

s think tank chatham house and he says the prime minister's ambition to push through reforms was not in line with the protesters key demand for early elections. most of the me as you know not even then i mean it's a 400 days yet he came in 1000 reform and a whole host if you look at his government i don't know host of different types of reform he didn't really talk as much about elections early elections as you were trying to wipe the corruption and those bigger demands when i think it's been a very rocky sort of premiership himself in his time he has seen assassinations increase with for example a sham of passion in his assassination a few weeks ago then last monday to hear square. as to you know his forces shot at what justice and kill people at esther's so very clearly his bigger ambition for reform was bigger ambitions to try and within it 2 years that he had to try to do something different was not working and i think this kind of was his fall back option to some extent ok i need the public you need he's trying to gather a big support by going to what has been there may be a man

a senior consulting fellow for the russia and eurasia program a think tank chatham house he says sunday's protests have reinvigorated the opposition. there have been tortures there have been apparent murders all intended to dissuade people from taking up the opposition's cause and in some cases from not agreeing to sign the false election protocols confirming the bug so put that all together and yes it is impressive that this many people have come out once again today for all of this time russia has been watching and waiting to see which way the situation would develop but there's another angle to this which is disturbing as well which is in the stories that president bush into his trying to put together about external aggression against bill that was you saw him earlier getting off a helicopter with body armor and an assault rifle and in a ridiculous pantomime trying to suggest that the country is under attack all of this is exactly what russia does not want to hear and it provides a pretext for russia to step in should wish to look at is been pointing to the western region of broaden an

cronies copley's is a maritime security analyst and an academy associated chatham house who says there has been an increase now in naval activity. we have information about the over of the last few hours as there is a high density of 5 navy vessels in the region we have seen photographs released from the decks maybe were 5 brigades are escorting the research vessel and the information we have access to indicate the great naval vessels are also in the area so it is a very tense night tonight hopefully we won't have any issues by the definitely something that the international community should keep an eye on it can have an escalation scenario what we are seeing right now from turkey is what is known international relations as gunboat diplomacy so techies using mabel vessels and research vessels in the region in order to try to further boost it seem to assume there isn't it is very well tied to the situation in libya because we know that egypt is supporting the counterpart of sars and it is a situation that has several times in the evenings and we have to be very cautious in the steps tha

tom keene joins me in the next hour from new york, speaking with amy pope of chatham house about thehe dnc. this is bloomberg. ♪ you doing okay? yeah. this moving thing never gets any easier. well, xfinity makes moving super easy. i can transfer my internet and tv service in about a minute. wow, that is easy. almost as easy as having those guys help you move. we are those guys. that's you? the truck adds 10 pounds. in the arms. -okay... transfer your service online in a few easy steps. now that's simple, easy, awesome. transfer your service in minutes, making moving with xfinity a breeze. visit xfinity.com/moving today. francine: stocks pair losses as china says it would hold a call with the united states on trade in the near term. it comes after the u.s. suspended its extradition treaty with hong kong. fed minutes warn that coronavirus will weigh heavily on economic activity, so a september guidance shift isn't on the cards. it comes amid worrying uptick in cases across europe. and the turkish lira sits near its all-time low, but don't expect any hikes from central bank today. econo

leslie vinjamuri with chatham house. really quite good.the news in new york city, our first word news, here is ritika gupta. ritika: the european union's top trade negotiator is fighting to keep his job. callis after attending a society dinner in ireland. after saying no events should be organized at cafes and restaurants. he has been key in trade talks between the u.s. and the u.k. the u.s.ack cuts at postal service after changes -- an additional $25 billion has been allocated, but the social service is concerned about some of the -- the postal service is concerned by some of the requirement, saying it restraint its ability to reduce efficiency -- to improve efficiency and reduce costs. president donald trump's sister is heard criticizing her brother, saying he has no principles. the former federal judge was secretly recorded by her niece, mary trump, who recently released a book denouncing the president. global news 24 hours a day, on air and at bloomberg quicktake, powered by more than 2700 journalists and analysts in more i'm ritikaunt

amy pope, chatham house , former deputy homeland security adviser to president obama. later today, the former commerce secretary advisor penny pritzker. this is bloomberg. ♪ pres. trump: the united states should get a very large percentage of that price because we are making it possible. i use the expression -- it is like the landlord and the tenant. without the lease, the tenant does not have the value. lease, and way the we make it possible to have this great success. tom: absolutely historic in the history of this nation, to see any president talk about a transactional fee of some form. this is really difficult, unclear language right now, to the government on eight corporate transaction. it has been bouncing around -- on a corporate transaction. this has been bouncing around for the last several hours. the chinese have responded talking about theft. right now we talked to derek wallbank. i'm sure you come as everybody else, of any political persuasion, were stunned by these comments. where did they come from? derek: i really was. the idea of having a sort of finder

much,ne: thank you so leslie vinjamuri, from chatham house. coming up, we will talk gold and treasuries. this is bloomberg. ♪ lisa: i'm lisa abramowicz in new york, with francine lacqua in london. we are looking at a u.k. economy that suffered the biggest drop among all developed markets in europe, as well as the united states. i'm trying to understand from your perspective, how do investors trade this? we keep getting this terrible data. how are investors trading it? we have a risk-on feel, and i don't understand it. francine: it is difficult because first of all, you have this job crisis definitely worsening. the unemployment figure was the worst since 2009. you have had so for a government that has been aggressive with the furlough programs. have a government that work hand-in-hand in tandem with the bank of england, the bank of england being a small open economy but in control of its destiny. you could say it has been more aggressive than other central banks around the world. the question is, we have not spoken about brexit for at least tw

thank you very much, from the international affairs think tank chatham house.ent financial support from the government to cope with a rise in student numbers after the u—turn on a—level results. they've also written to the education secretary, gavin williamson, demanding clarity on how they can offer more places to students without breaching social distancing guidelines. 0ur education correspondent dan johnson reports. teaching space, accommodation and staff will all be stretched on socially distanceed campuses. and now many more students have the grades they need, universities are wondering how to fit them all in. clearing lines are busy, with thousands more trying to get into their first choice, having missed out last week. a letter sent to the education secretary on behalf of uk universities calls for help solving that puzzle, and support for the institutions that will lose out if places are rejected in favour of higher grade offers. there was only one place that this could go to, which is the point we've reached now. i think the question we all ask is, why

sir david warren is a former british ambassador to japan and an associate fellow at chatham house.ordinary sacrifices of so many people. an extraordinarily difficult and brutal war in the pacific. we remember the british servicemen and women who were part of the us led war against women who were part of the us led waragainstjapan in women who were part of the us led war againstjapan in the pacific. this was a difficult, a bloody, miserable and brutal war. those in captivity miserable and brutal war. those in ca ptivity testify miserable and brutal war. those in captivity testify to all of that. i think it's important we commemorate their sacrifice and courage this morning. we are watching pictures of the prime minister arriving at the national memorial arboretum and talking to senior naval and military officers. i suppose in your role as a former ambassador to japan, just bring us up to the present. we are 75 years on, we have a very different relationship with japan now? we do. and that relationship developed as japan itself developed into a different sort of country after the war

. >>> joining me now to discuss all this is leslie benjamuri at chatham house international affairs think tank. thank you for joining me. you heard some of the takes there. we heard similar things from a plethora of trump associates and people close to the president. do these tapes tell us anything we haven't heard already? >> i think they confirm for what we have been hearing for several years coming out of this white house, from people who left the white house and worked closely with the president. but i think they're topping at some very fundamental issues. remember the election, the november election is really coming down to the number one issue how people feel about the character of the candidate that they're going to vote for. this strikes at the ongoing question of the integrity of the president, his competence. i think it comes from his sister, a member of his family and this is a president who, like all presidents, but quite a lot more, care so much about loyalty, care so much about appearances, and she also, of course, attacks his intelligence, by making the allegation that he c

karna scapula didas is a maritime security analyst and academy associate at chatham house he joins me via skype from xandra paly in greece so. how serious is the could the situation become do you see that being perhaps some sort of military escalation in the eastern mediterranean. we have a promotion go over of the last few hours a very high density or maybe vessels in the region we have seen photographs for at least for all that there is maybe were 5 crickets are escort the there is or it's a vessel and the information we have access to that gave the green memo vessels are also you be area so it is a very bens might tonight hopefully we won't hear of any issues by the inability something the international community should keep an eye on just give us a little more background to this dispute because we explained it there but you have obviously a number of different countries involved you have this agreement for an exclusive economic zone between egypt and greece that is struck in response to a deal that turkey made with the internationally recognized government of libya in tripoli now

during the 1st half of this year we're going to have team is the lead research on afghanistan at chatham house he joins us live from cambridge thanks very much for being with us there's been a rocket attack when i stand on jalalabad airport do you know whether who's behind that attack. i've seen reports of that but i'm afraid i don't have much information to comment on that beyond the fact that we also know at one point the american troops were based near or within the airport in charlotte but this is actually an airstrip just not a fully developed functioning. airport so it's really used by the military very heavily before the current faced by the american electorate in the past so i wouldn't be surprised if that is the case of a small city the airport is not too far but it is essentially and a military facility and what about these various attacks that has claimed to be behind for instance the attack on the prison how likely is it to be them and how much of a force are they in afghanistan these days. i think from what i understand and the research that has carried out the theme but i still o

on this we can talk to regards to penny who's an expert in irish and politics at the think tank chatham house he joins us via skype from sally horse city south of minsk thanks very much indeed for being with us so tell us a little bit about the claims that the question has been making about russia in particular thank you very much well i should say from the point that actual looks like a speech today was very weak 1st of all he looked physically ill he was out in all the time and such an appearance just 5 days before the election makes many people around him during their research for them to think whether they should fall he's a liberal or just to force 5 elections and surprise the protests he actually made a few statements to a commission at least shouldn't be worried about public protests but what if he is seriously ill we don't know how they answer definitely that the speech. after this speech below is the rule elites will think more about their or not a little question procedures and the 2nd problem with that speech is a lack of the substance i was comparing belarus with the belarus that

think tank chatham house he says the prime minister's own bishan to push through reforms wasn't in line with the protesters key demand for early elections. most of the me as you know not even been supported days yet he came in when i was in reform and a whole host if you look at his government have a whole host of different types of reform he didn't really talk as much about elections early elections as you were trying to wipe corruption and those bigger demands when i think it's been a very rocky sort of premiership. in his time he has seen assassinations increase or example a sham of passion is assassination a few weeks ago then last monday here square and. you know his forces shot at us to thank you report that spears so very clearly his bigger ambition for reform was bigger ambitions to try and within the 2 years that he had to try to do something great was not working and i think this kind of was his fall back up to some extent ok i need the public you need his right to gather public support by going to what has been there may be a man on the beginning only lections. the united ara

ok, lina khatib, from chatham house, thank you for your time. been hearing the blast is thought to have been caused by 2,700 tonnes of the fertiliser ammonium nitrate, which had been stored in a warehouse in the port area of the city since 2014. chris phillips is the former head of the national counter terrorism security office and led a uk government review of how ammonium nitrate was stored in the uk. hejoins me now. chris, how unusual is it to have this amount of ammonium nitrate stored anywhere? well, actually, this all comes from an almost identical explosion that happened in toulouse in the early 2000s, 2001, i think it was, and in the uk we had a look around at what we had in the uk and were ammonium nitrate was being stored and how it was being looked after and it was quite alarming here, actually. so quite a bit of work done on how we store it and how much you should store, and how safe it was. and of course, most farms across the uk and across the world use this stuff, just as a fertiliser for their plants. and what conditions does it

let's talk to james nixey, the director of the russia—eurasia programme at the thinktank chatham houseetween president putin and alexei navalny. the relationship between the two men is tenacious to say the least, vladimir putin does not like elections or criticism. he is increasingly sensitive to it and when you consider what alexei navalny really is, he is actually more of an anti—corruption campaigner than more of an anti—corruption campaignerthana more of an anti—corruption campaigner than a politician. he is someone who investigates fraudulent activities, the self—enrichment of the people in vladimir putin's inner circle, so he is a real thorn in their side. he is more than your average opposition politician who is not particularly well respected and quite weak, he is somebody who is just as many viewers on his youtube channel as a russian national state tv. he is in some ways an increasingly powerful man, he has beenin increasingly powerful man, he has been in this position as leading figure in the opposition promised a decade now, and it is extraordinary the things that he has ma

director of middle east and northern africa programme at the international affairs think tank chatham houseyou forjoining us today as we watch these images of emmanuel macron arriving in beirut. i want to begin, actually, speaking about aid, with the fact there is only one month's supply of grain left. lebanon is dependent on importing a lot of its food supplies and we are told because of damage to the port area and silos, they only had one month of grain left. how worried are you about that, in terms of food supply, you about that, in terms of food supply, food security for the country? it is certainly a worrying situation because lebanon relies on imports at the rate of 90% of its needs. beirut‘s port is where lebanon got 80% of all its imports so that alone should give us an indication of the scale of humanitarian catastrophe thatis scale of humanitarian catastrophe that is looming in this country as a result of this blast. it is notjust grains but medical supplies, clothing, it is everything, really that lebanon will now suffer a shortage from, unfortunately. as much as the country is t