i understand your reliance on the cio. my question is did you have any doubt before the report came out a couple of weeks ago? >> senator, may 8 on monday, the system have been overwhelmed for a couple of hours and understood it, my section was it was john oliver's viewers. >> i got that part. he basically declared to the world it was an attack. including communicating with congress that a federal crime has been committed. in tech, why didn't you entertain any of those quite reasonable doubts out there in the community among the community college and tech community it just seems odd that the moment your cio says something, you run with it and you did so quite aggressively all the way up until i guess it was last week or the week i-4, you said, well i was duped. have any doubt between the point which your cio told you something and the planet which you were told it was wrong? >> i urge critics to read the entire report. >> you are not answering my question. i cited have doubts. is it the result of john oliver's viewers. 99%

maximilian kunkel, the cio of germany at sea -- ubs.ohannesburg market, we talked about this through the morning already, ntn is facing a big call from nigeria that it will repatriate money. ae nigerians are ordering refund. the telecoms group is really suffering on the back of this. at one point, it was down 18%. it is now 16%. latest bring you the news on this and continue to follow the share price and the news you need around it. sector but a different move. beougue trading sharply, up by 4% after 20,000 mobile customers in qt. this is bloomberg. ♪ guy: 11 minutes into the session. european equity markets, going nowhere fast. some interesting stock stories worth focusing on. annmarie hordern. of theie: bouygues one biggest gains on the stoxx 600. out with earnings that beat numbers. they confirmed their outlook in their mobile unit. they added customers, which is pretty big considering they are the smallest french mobile company. could be adding to the stock gains this morning. dansk a bank down .4%. departmenteasury money laundering

since the afl-cio started its election on the ground troops early, let's talk numbers. what is the labor federation, what are your member unions shooting for in terms of numbers. numbers of flyers, advertising. the old nuts and bolts. richard: i cannot give you a here is what we are going to do on the ground. here is what i can tell you. this is going to be the biggest, deepest member to member program we have ever had. i say deepest because it is going to go down past house members into state races. it is there. tour -- ourtart our our phone banks labor day, after labor day weekend. we started after the first of june this year. you have been doing doorknocking, leaflets, mail to our members. we start it a different way. we went to them and we said -- we started even back before june. tell us the issues that are most important to you. we are having a real conversation with our members about the issues that are most important to them. then we will put those in front of candidates and say if you support the issues, workers will support you. if you do not support those iss

the cio of european investment at allianz investors stays with us.nating day in the markets, taking a look at what is going on, especially after the turnaround in the lira. let's take a look at what is going on in european equity indexes right now. i will pull it up on the debut ai screen. right now, we see the ftse unchanged, the cac up .2%, the dax up one third of 1%. for the most part, european markets are up. italy is closed, which is why you see the boot turn red. everything else is green. we saw a lot of 13f filings after the u.s. action yesterday, including berkshire hathaway. -- let's break it down with annmarie hordern. >> let's kick it off with warren buffett, putting more money into two of his favorite industries. banking and airlines. goldman sachs boosted investment. the filing shows that is worth about 3 billion u.s. dollars. goldman has been rising and could be worth more. all of these companies also trade higher after the close. on, apple is really interesting in terms of his stake there. he has added 12.3 million shares to more than

afl-ciok, afl-cio -- president richard trumka sat down with reporters to discuss trade and upcoming midterm elections. he was also asked about the impact of a recent supreme court decision that prevents unions from collecting a fee from nonunion public-sector employees. this event was part of a breakfast series hosted by the christian science monitor. it's just over an hour. >> it's not a clock. island of feldman, washington bureau chief of the christian science monitor. our guest today is richard trumka, president of the largest federation of labor unions in america. we usually have mr. trumka in right before labor day, so we are doing labor day about a month early, getting a start on things. this is his 10th appearance at a monitor breakfast. background, hef was born in pennsylvania, a town i have driven through many times on my way to pittsburgh to see my brother. he followed his father and grandfather into the coal mines of southwestern pennsylvania where he worked his way through college and law school. in 1971, he graduated from penn state and received his jd from villanova and upon g

of trumpa large cadre loyalists who were also card-carrying members of the afl -cio? is it outside reality you might endorse important election? -- endorse him for reelection? richard: let me give you the facts. trump got three percentage points more members than romney did. hillary got 10% less than obama did. how does that work out? third-party.r >> [indiscernible] richard: she got 10 points less. she probably got 58 and he got 36. on that issue. we said after he got elected, you had people that were mad, people actually looking for somebody who is going to change the economy. our members were looking for someone that was going to shake up the status quo. the economy was not working for working people. their wages have been flattened. college.s can't go to they get into a mountain of debt. they were looking for someone to shake up the status quo and they found that candidate in donald trump and other like-minded politicians who promised to lift up workers and rein in wall street. that is what they promised. today, nearly all of those promises are broken or unfulfill

the cio of saxo bank stays with us.ngela merkel is meeting turkey this weekend in a surprise move that shows her foes and allies are shifting. look at be the outcome? this is bloomberg. -- what could be the outcome? this is bloomberg. ♪ xfinity mobile is a new wireless network designed to save you money. even when you've got serious binging to do. wherever your phone takes you, your wireless bill is about to cost a whole lot less. use less data with a network that has the most wifi hotspots where you need them and the best 4g lte everywhere else. saving you hundreds of dollars a year. and ask how you get xfinity mobile included with your internet. plus, get $300 back when you buy a new smartphone. xfinity mobile. it's simple. easy. awesome. click, call or visit a store today. markets with annmarie hordern. like asian shares are ending the week somewhat mixed. we had the s&p 500 and the dow climbed yesterday. south korea and australia, but china under pressure. the index shares are rising today. the first in eight sessio

bringing in cissos, csos, cios... spending too much time hiring outside consultants elping facilitate. where is human resources in all of this? who are we bringing in inside our walls? do we know that with a resume -- when a resume says that they went to a university in some foreign country, have we validated that? have we made a phone call? f you are the ceo of a company, have you integrated your human resources folks as part of your enterprisewide security process? if you haven't, it is a big mistake. just like we talked about with supply chain, you could have the best security in the world, but if you don't integrate your procurement and acquisition olks in the supply chain, it is a big gap. the same things happen with insider threats. from a mitigation perspective, you have to have a holistic enterprisewide construct in the private sector. ou have to be willing to commit to a top-down bottom-up mindset. how will we as a collective organization, whether it be the government, or the private sector, going to as a gro

i am proud to be here on behalf of the afl-cio. six and a half million women in the labor movement standing together with this powerful crowd. all of our allies in the women's movement were excited to be here. i want to send a shout out to the president of the bricklayers union who is here today. we are here to speak out. we are speaking out as women. we are speaking out as workers against brett kavanaugh. we know he is attacking us on all sides. he is against equal pay. he has ruled against harassment because protections for workers are too burdensome for corporations. he has ruled that undocumented workers should not have protections on the job. he thinks he is smarter than osha. that he knows more about safety. he thinks that he has ruled against workers trying to organize a union. most recently at a trump owned hotel with one of his cases. the facts show -- we do still believe in fact, correct? because people across the country are speaking out. you are here speaking now. people are rising up for justice forr , unions. we are f

afl-cio spoke with reporters at a breakfast. he answered questions about labor rights, the trump administration labor policies and the midterm elections. this is an hour and 10 minutes. >> it is 9:00. good morning, i am the washington bureau chief for the christian science monitor. our guest is richard trumka, president of the afl-cio, the largest federation of labor unions in america. we usually have him in right before labor day, so we are doing labor day about a month early. this is his 10th appearance at our breakfast. now for a bit of background, he was born in pennsylvania, a town i have driven through many times on the way to pittsburgh to see my brother. he followed his father and grandfather into the coal mines of the southwestern pennsylvania, where he worked his way through college and law school. in 1971, he graduated from penn state and received a phd from villanova and upon graduation, joined the legal staff of the united mine workers of america in became president at age 33. he is been working on the -- has been w

nicholas gartside, cio, jpmorgan chase and neville:, chief european economist, credit suisse. francine: the ceo of the biggest miner sees no slowdown. interviewing you the with anja mckenzie. -- andrew mackenzie. this is bloomberg. ♪ francine: economics, finance, policy. this is "bloomberg surveillance ." the world's largest wealth fund faces growing challenges to its global investment model. decreasedllion fund in exposure to emerging markets in china. despite its aim over the coming months, it was both sectors that fueled the positive returns. .e are joined over the phone great to have you on the program. what drove returns? >> as you said, ironically it is the oil and gas sector which they have proposed to divest. that is something we will learn about later this year from what decision the government will take. it will be interesting what part of this will play in that debate. other than that, it was pretty much the broad gains in the u.s. stock markets that helped the fund in the second quarter as well as european shares. it suffered large declines in emerging markets, and

[applause] i am a member of the asia pacific american labor alliance, afl-cio.y proud member of the united domestic workers of america. i am from local 3930. [applause] and i work as an in-home support service provider. i take care of the disabled members of our community, and industry, a work that is plagued with low wages and almost no benefits at all. but i always say i cannot imagine myself as a homecare worker provider without my union. because the union has lifted us, have lifted women of color, have lifted working women so that we can rise up and have dignity and respect. [applause] our unions through collective bargaining is able to at least give us better wages and a little bit more of benefits, but that is not all. you know what my union has done? my union has lifted all of us by leaps and bounds by ensuring that we have a seat at the table. not as a bystander. not as an observer, but somebody who has a voice that can speak up in front of that decision-making. because we are a people. our union has provided a voice for the voiceless, has provided a fac

patrick armstrong, cio, plurimi wealth llp.s onne: our matt miller the ground for an interview coming up at 10:30 a.m. london time. we will talk consolidation and ecb and central-bank policy. a little euro strength will come up. the biggest concerns therefore investors. this is bloomberg. ♪ francine: economics, finance, and politics. this is "bloomberg surveillance ." i am francine lacqua in london. product has returned to growth this year. -- prada has returned to growth this year. their shirts feature mash-up's. bloomberg.com. british billionaire peter hargrave was one of the financial backers of brexit, now he is fuming over how the eu divorce is being handled. the gulf between north korea and secretary of state mike pompeo over denuclearization seems to be widening. rick gates testified that he helped paul manafort rake the law. breakhelped paul manafort the law. let's get to president trump's former campaign manager. yesterday, manafort's right-hand man gates said he helped him break the law. the appearance by gates who pl

lucy macdonald is the cio of global equities at allianz global investors, cio .hope the canada gets on board from his market perspective. this overallok at progress? is it a small step to progress? lucy: yes, the whole trade issue has been a major source of concern this year. the market over all has been held back. ande need progress on that, it will be seen positively, but it is a china nexus of that is really in focus. anna: you say that it is a china story that is real interest. what about what we know about whatever it ends up being, how do you see it? is a game changing, or isn't it? analysts for example were saying that they do not expect the revised terms will have any substantial microeconomic effects. with that mean that the lens with which you look at the conversation -- what does that mean for the conversation? lucy: as i said, china is the big story, and that is what we will be focusing on more. certainly, when you are looking at some of these industries where you have already had some tariffs imposed, it becomes clear and clear what we have said all

, usually the cio metric is upward but generally, security flow things down. the chief risk officer i would say, that gc, the council, they're usually reporting to the cio command because you're dealing with sensitive issues cutting across your organizations. >> we have been talking a little today about the privacy issue involved for employees, particularly those with security clearances. when you talk about insider threat programs, it can get people little queasy some people say i am not a bad person, but i am not perfect either, what are they going to find about me? how do you ensure the privacy is protected? would anybody like to jump in on that. >> some of the stuff that has worked for us is that one of the most important things for those building the programs and those who have built one, it is a lot easier to build privacy considerations into the program on building it. our chief private officer was 100% vetted into our program. i am not a privacy expert come i have learned a lot in seven years in doing this in private industry. but our chief privacy off

one of the classic problems is if you have your insider threat program within the cio shop the cio ismetric is outlined and generally security slows things down. generally i would say risk officer sometimes in the ogc, the general counsel staff ideally reporting to the head of the organization. again you're going to be dealing with super sensitive issues that cut across the organization. >> we have been talking a lot or a little bit about privacy for federal employees particularly those with security clearances. when you talk about insider threat programs it gets a little -- i'm not a bad person but i'm not perfect either. what are they going to find? so how do you dissuade some of those fears and how do you ensure privacy is reflected? >> some of the suspects in the program one of the most important things that are building a program and certainly once the party but one it's a lot easier when you're building the program is to build privacy foundations into that program. when they built the program our threat is 100% embedded into our program. i learned a lot in the last seven years.

. >> tonight on c-span, we will hear from afl-cio president richard trumka speaking at a recent event in washington, d.c., followed by former presidents bill clinton and george w. bush talking about their political careers and other topics, including immigration and foreign aid. later, president trump holds a rally in ohio ahead of the tuesday special election. afl-ciok, afl-cio -- president richard trumka sat down with reporters to discuss trade and upcoming midterm elections. he was also asked about the impact of a recent supreme court decision that prevents unions from collecting a fee from nonunion public-sector employees. this event was part of a breakfast series hosted by the christian science monitor. it's just over an hour. >> it's not a clock. island of feldman, washington bureau chief of the christian science monitor. our guest today is richard trumka, president of the largest federation of labor unions in america. we usually have mr. trumka in right before labor day, so we are doing labor day about a month early, getting a start on things. this is his 10th appearance at a m

ubs global wealth management regional cio. stories you need to know to get your day going in today's edition of daybreak. toomberg subscribers can go their terminals. this is margaret. ♪ -- this is bloomberg. ♪ ramy: a quick check of the h headlines.s missed estimates coming in 800 79 million u.s. dollars. the average forecast was more just onebillion you billion. if fell short of the average estimate of more than seven. the iron or will pay a final dividend of 12 aussie cents per share. yvonne: a for your net income of 1.27 u.s. billion dollars fell short of the lowest estimate. shares were down the most since august of last year. going into the first seven weeks of this quarter as consumers abandon plastic you shopping bags. expect sales momentum's to improved through the second half. ramy: china resources expect to resume training -- trading after paying call asked minutes -- call aspects. the deal for: three of its units end plus moreinal them $1.5 billion in payments to a third dollars -- third party. shares are down 1.5%

i understand your reliance on your cio. i don't blame you for that. did you have any idea before the report came out a couple weeks >> >> on senator, may 8th, i believe it was, that monday, when i heard that the ecfs system had been overwhelmed for a couple of hours, as i understood it, my assumption was it was john oliver -- >> i get that. then the cio tells you it was a ddos attack and then you declare to the world it was a ddos attack, including communicating with congress that a federal crime has been committed. and the thing i wonder about is given your expertise in the law and expertise in tech, why didn't you entertain any of those quite reasonable doubts that were out in the community, out there among your former colleagues in the tech it community? it just seems odd that the moment your cio says something that it you run with it and you ran with it quite aggressively all the way up until the point, i guess it was last week or the week before, you say, i was that's that's very hard to digest. did you ever have any doubt between the point at wh

one of the classic problems is you house your insider threat program within the cio or the cio shop. the cios metric is often times you generally security throws things down. so generally i would say to risk officers, sometimes in the odc, the generalcounsel, dc staff . ideally reporting i had ofthe organization . whatever the director is because again, you're going to be dealing with supersensitive issues that cut across information. >> opening up here, we've been talking a lot or a little bit about privacy issues. federal employees, particularly those with security clearances, some of his sign away but it's still, when you talk about insider trading programs, many people will preview sometimes i'm not that person that i'm not perfect either, what are they going to find on me so how do you wait some of those fears and ensure privacy is protected? anybody have a thought wants to jump in on that? >> some of the stuff us is i think one of the most important things for those that are building a program and certainly those that have already built one is when you're building the program,

freddie lait, cio/founder, latitude investment. this is bloomberg. ♪ retail.e like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two-hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving... simple. easy. awesome. stay connected while you move with the best wifi experience and two-hour appointment windows. click, call or visit a store today. out of jackson hole, the dollar regains traction after six down days. with --ive in wyoming , --i arabia as we approach t

endorsing a republican to be a big deal for an afl-cio president, a group that endorsed obama in 2012 hillary clinton in 2060. and everyone is in agreement. president trump slammed conservative donor charles coke over his comments on tariffs and foreign workers tweeting - that's right. so, will the president tariffs actually benefit the american worker? joining me to answer the question cio of king view asset management and fox news contributor, scott martin. i see you are smiling, scott. >> tom, it's too funny. but, we all have the right image in the right message but whether it will work, you are right, the $64000 question. it's funny anything about what we saw from the comet, talk about long odds and things you would probably hear over late night at a bar. this came out during daylight and that's what makes me laugh we won the thing is, you got the beer, ohio, michigan, the blue states that the president turned - yes, manufacturing and the worker is his face. it happened with ronald reagan. ronald reagan they called him reagan democrat but what were really talk about is the heart h

caroline: we thank you mark kiesel, pimco cio.loomberg. ♪ caroline: we take you live to the senate floor for you have just seen the confirmation of richard to be vice chair of the federal reserve for four years. momentarily, there will be another vote to see if he is expected to confirmed as a member of the fed on february the first, 2022. this man was a prominent economist and global strategic advisor to pimco. he is unlikely to shake things up. the dollar is not reacting. there we have it. richard confirmed by the senate as the vice chair of the federal reserve for four years. "what'd you miss?" apart from that, italian assets remain under pressure. the tenure bond yield is reaching highs nonsense back in may. his italy somewhere you want to be invested? garrett -- david wade an earlier. earlier.d in >> the political situation has never been stable. it has 66 governments since post-world war ii. this is the place that tends to be politically unstable, but i would add is also a place that still functions despite the political ins

the cio is also in a wistful mood having pauline and nettie nearby has got him thinking he doesn't want his son to go through what he experienced when he was young. and when i was twelve years old my mum left some over here and she came here to december my father left. my parents and. some money for months just to pay my power and to it it was a cold winter and. i had spent. i told them when they sent me and i was like two months with no power at home. i didn't tell them do you know what i did and they just shut down my power i told them. midday at the pool bar while the boss is enjoying himself thomas a great way to uses his lunch break to get away. he needs to let off steam and heads for the any cove within walking distance. he's upset there is no affordable accommodation for seasonal workers especially now that private homes are being rented out via platforms like abbey and b. . as a result for the second season in a row he's living in provisional quarters next to the. thomas has footage of the conditions there. he sees the place where to sleep. and pretty as you can see here. he doe

250 mil personas murieron por armas de fuego, la mitad de esas muertes tuvieron lugar en solo seis cioiste un lugar, uno solo para comprar armas de forma legal. lo que hace preguntarse de dÓnde salen las armas. grace tiene las respuestas. >> esta tienda de la secretarÍa de defensa nacional de mÉxico, es el Único lugar donde legalmente se puede comprar un arma. pero no es tan fÁcil. al derecho servicio militar. domicilio y certificado penal. depende del ministerio de la secretarÍa, sin embargo, el 2017 murieron asesinadas en mÉxico mÁs de 31 mil personas, buena parte de ellas por arma de fuego. >> 2018 va por el mismo camino peligroso. cada vez hay mÁs muertes por arma de fuego. pero de dÓnde salen todas esas armas. >> mientras que en mÉxico la compra y venta de armas legales es muy rigurosa, en estados unidos si tienes una tarjeta de crÉdito o un arma que quieres intercambiar puedes llegar a acuerdo con los vendedores siempre que pases la investigaciones de antecedentes. >> en un dÍa se puede comprar de forma legal un nÚmero variado de armas. >> se encuentran todo tipo de armas de fueg

the idea but also encourage the beamer to do it better it's a marker sadie's did a good job on the cio secret that he believes it's more elegant in the b.m.w. and offers more powerful engines and an alternative drive and he original idea didn't come from or seedless that's what they did with what really works she thinks . her c.v. took its time but it definitely won't be the only car maker to launch a model like this as long as the s.u.v. boom. continues manufacturers will be fighting for a slice of the market and the mercedes has taken things a step further with the plug in hybrid so there are more than enough reasons for us not to agree with any accusations of plagiarism. i speak international hill climb also known as a race to the cloud which is one of the world's most spectacular auto races just twenty kilometers long it leaves around one hundred fifty six crews to the mountain summit with no room to pass. it's a huge race that anybody can enter anybody can build a car and so it gives us an opportunity to compete against you know some of the best drivers in the world so means a lot

they nodded when a cio is set to return to the event this from ac milan after just one season in a swap deal which sees gonzalo higuaín move the other way according to reports it claims feature at the club has been in doubt ever since he they signed christiana rinaldo last month the italian champions were in praise the as an action on wednesday taking on a major league soccer all star team in atlanta and rafa vallely giving them the lead after twenty one minutes the m.l.s. five struck back minutes later three joseph martinez in the end it went down to penalties materia the sheer converting to give him a a five three when. now life on the unite to a positive start for all small they've won a second successive game in pre-season beating premier league rivals chelsea but it was the blues the took the lead early on and turn your average guy getting the ball also piled on the pressure in the second half finally equalizing in injury time for alexander lack of that they want to on penalties six five alex away be scoring the winner with asimov's boss saying afterwards that he's happy with the s

-cio president said that in the in this campaign they knocked on eight hundred thousand doors and made over a million phone calls so they made a big commitment on the other side there was a dark money group new missouri incorporated with money from the usual suspects and the in two thousand and fifteen there was a right to work push and the koch brothers group americans for prosperity a familiar group was also involved there so after a big battle with a big commitment on both sides you know there's got to be i can almost hear the sighs of relief coming from the n.f.l. c.e.o. headquarters not as i don't know your own party from here let me back up just a little bit daniel so this janice case this is a supreme court ruling we recovered it one time you write that they have wine for that and that was a federal government worker who sued to ensure that he did not have to pay union dues even though he was represented by the union so that's just federal workers and this missouri law would have covered all union workers are all workers in the state right right janice essentially applied right

during the second world war officially unveiled a monument to the so-called comfort women in the city of cio not on the issue of reparations for the women has caused tensions between the two countries. monica johns me now and with the latest on turkey's economic woes monica yep and that spot between washington and her isn't helping turkish president richard type add a one has warned his country will boycott you as products in response to what he calls economic terrorism done by the us he's referring to the trump administration doubling tariffs for turkish steel and many m the turkish lira appears to be pulling back from record lows that's after the central bank took emergency measures . president arrow one claims the united states has severed ties the lira as retribution for ankara's detention of an american pastor on espionage and terrorism charges washington had already imposed sanctions on turkey and last week announced plans to double import tariffs on turkish elaman human steel since then the turkish lira has lost a quarter of its value there to one says it's part of a plot by the unite

, with the senate cio, with the committees, and i would encourage you staff to work with the department of homeland security. and more than that, when you do go back to your district or home state, please encourage your state and local officials to work with the department of homeland security on the election security matters. >> i think it is important to make sure that as you contact states, that you indicate that this is an ongoing threat. it did not end in 2016. unfortunately your communication within the last week or so, they have not had that kind of clarity. >> i look forward to tomorrow's closed session. >> mr. chairman, if i could, i just want to reinforce senator warren with the importance of the senator warner's admonition and request how important the documents are to be turned over in a timely manner. thank you. >> we appreciate that, senator. mentioned, we're dropping off another production today. we have a staff who have been working to get the requests out quickly. chairman, thank you very much. >> first we'll direct this question to in and all. can you identify changes

chamber of commerce or the afl-cio or, you know, other organizations like that. so i don't -- i mean, to a certain degree trade stories are kind of all alike. i mean, as you alluded, there's a sad worker or something like that. somebody feels like they have been victimized by trade. so i don't know. and i think there's going to be plenty of those stories now i mean as a result of these tariffs, you know, because they are affecting so many industries. so i think there are important stories to do, but i don't know if an answer to your question. >> i wanted to ask about sources on like u.s. china trade stories. i mean, it used to be that for at least american reporters you pretty much had to depend on your u.s. sources because china would generally not talk in these situations. but i have noticed like this time china is leaking information, and like i'm thinking of the -- [inaudible] -- they have gotten really interesting tips out of china. i wonder if you guys see that as something that's really changed in this current kind of trade relationship we're seeing. >> we

spokesman phil went to an event organized by the national endowment for democracy it's a nonprofit and cio that was founded in one thousand nine hundred three and is supported by both the democratic and republican parties currently it operates in more than ninety countries the national endowment for democracy says its work to help non-governmental groups promote democracy in those places and blumenthal couldn't help but notice some parallels but i covered the ceremony because these organizations are doing exactly what congress accuses russia funded media outlets control farms of doing in the united states to interfere in other country's politics and with foreign money. the only difference is they do it openly and in the name of spreading freedom. activists at the meeting were quite clear on their agenda as they explained to max blumenfeld. once again. i'd like to express our sincere gratitude to bipartisan. support and also u.s. congress people as well and u.s. citizens eventually we are doing this work with the u.s. citizens tax americans have no idea that they're funding an organization

happy but and you know that line has particular drawbacks it doesn't go all the way through the strict cio of the it doesn't go from one side of the borders to the other it's all legal single track it could be make money as let's say going to scenic railway because it's an hour of doma from the law to station a scone waverley station in edinburgh many of the see that real with the world to shoot well aware you have to travel for long distances to get there and but yes surely that could be the making money if yesterday and it is a scenic route because the rail itself runs on a higher level along that kind of tree top level so if you've been used to driving down that road the trees obscure thing but no the vistas open up so it's actually a very fine line i'm all in favor of it for them might be a future for the railways after all. if it is yes but you have to take each project seriously i mean there also been drug double tracked on that line and it also gone all the way from edwards a carlisle official hesitation you know the civil servant saying oh have you thought of this minister have you

interesting thing because what the task force will be co-chaired by associate attorney general just put the cio and the assistant attorney general for the justice department's office of legal policy both williams you see them there you know what's interesting about this taboo is that it really does and they're kind of making the argument that we're we're separating church from state by enforcing the fact that the state cannot infringe on the rights of face of people practicing their religion that's like their argument but many other people are saying yeah but by the state kind of focusing so heavily on this you're actually are believing the two lines well you know it's a government department right we've been in egypt and see the controls and. decides whether or not they're just not worthy of being exactly i mean it is kind of this weird no gray area and that's just because it would be different if you said look this is going to be a whole set up of what's really going to happen i know it sounds crazy but we're going to have you know people from different faiths making sure where whatever you k

interesting thing because what the task force will be co-chaired by associate attorney general just put their cio and the assistant. attorney general for the justice department's office of legal policy both williams you see them there you know what's interesting about this taboo is that it really does and they're kind of making the argument that we're we're separating church from state by enforcing the fact that the state cannot infringe on the rights of face of people practicing their religion that's like their argument but many other people are saying yeah but by the state kind of focusing so heavily on this you're actually are believing the two lines well you know it's a government department right belief in a major and see the controls and. decides whether or not they're just not worthy of being exactly i mean it is kind of this weird no gray area and that's just because you would be different if you said look this is going to be a whole set up of what's really going to happen i know it sounds crazy but we're going to have you know people from different faiths making sure where whatever you k

happy but you know that line has particular drawbacks it doesn't go all the way through the strict cio of the it doesn't go from one side of the borders to the other it's all your single track it could be make money as let's say going scenic railway because it's an hour of doma from the law to station a scone waverley station in edinburgh many of the see that real with the world to shoot well aware you have to travel for long distances to get there and but yes surely that could be the making money of yesterday and it is a scenic route because the rail itself runs on a higher level along that kind of tree top level so if you've been used to driving down that road the trees obscure of thing but no the vistas open up so it's actually a very fine line of all in favor of it for them might be a future for the railways after all. if it is yes but you have to take each project seriously i mean there also been drug double tracked on that line and it also gone all the way from edwards a carlisle official hesitation you know the civil servant saying oh have you thought of this minister have you t

joining us on the front his paul , sloy dahl and holst cio.ot buying any at least any of the leaders, the are familiareople with. i am sticking with all of the above, including microsoft. the one that has been most fundamentally challenged is facebook. because i am a country and, i think facebook will be fined long-term. that is the one i am tempted to the faangs, i am tempted to sell apple as it continues to rise in price. alix: you have tech hardware outperforming versus services versus internet versus software. what do you make in that divergence? do you feel that is a shorter term blip? paul: i think there has been a rotation. hasy, merrill lynch downgraded some of the semiconductor cap equipment names. there is a cloud over semiconductors and that industry within the tech sector is fairly large. it continues to go into software. if you go into technology at all. at least after the quarterly reports, couple of the faangs have shown chips in the arm, particularly -- armor, particularly facebook and others that are socially media focused. da

is emadining us mostaque, capricorn fund managers co-cio, and z at that daoud. effect of capital controls in turkey? 10% inrobably less than terms of real capital controls. you might see something around the edges. full-scale capital controls like we see in other emerging markets could lead to a debt spiral for turkey. alix: what kind of downside do we still need to see in turkish assets if we don't see capital controls? ziad: the turkish bank is very creative given that they have policies against local borrowing. they will try to do everything they can sort of raising interest rates because that has a knock on effect for the economy. allies in the gulf states in china, trying to get swap lines set up to avoid capital controls or rate hikes. david: one of the things they need is foreign direct investment given the capital accounts and balance. how are they getting that investment and to what extent are they putting it at risk? portfolio flow to finance the current account deficit has been the problem over the last few years. this is the issue with capital contro

. >> to cbs and cml and cio because they are the ones in charge of what the doc yours are doing i've been a practicing provider now i'm working during that kind of stuff. it is really funny to think about what she said -- i don't really have a question. have a conversation. the last 10 years and that is something having the user contact and touching people and really getting into the interaction were you understand and get a diagnosis. what i have learned recently is just how much weight those executives, so if you know anyone that works in the administration of the system, whether it is help partners or hospitals or you're a provider in one of those, alt. or should have this, but those are the people that need this book now because your ears are totally painting to this. they are paying attention because they know we are upset that we have ever been because of access to information. i just think the conversations i'm having everyday. >> thinks. >> so what is next? is this the dean you to follow since the more topics? >> so what is next? there is actually so much that i didn't have s

car talk, the presidents of the association of global automakers eu'sfl-cio way in on that willingnessturn on tariffs. a revamped iphone lineup. we will have the details. shery: a quick check of the major averages. u.s. stocks mixed at the moment with markets weighing concerns with strong u.s. eco-data. the s&p 500 index is essentially flat. no sectors in the red after four sessions of gains while the nasdaq is gaining .3%. spending,ong consumer signaling policymakers can keep raising interest rates. all of that being felt in the market. look at how emerging markets are doing. their currencies are plunging, led by the argentinian pesto. policymakers had to raise the country benchmark to 60% from 45%. otill, the argentinian pes at a record low. the deputy governor was set to resign. we got news from the central bank of brazil and the riel, which continues to weaken against the u.s. dollar, saying they are offering 30,000 ethics swap options today. emerging market currency being pummeled. jon: i'm looking at what is happening in the energy stock world. we are seeing weakness in energy st

phase, where the afl-cio is. but i start off with two questions that all of unit to think about. right now, we have an economy that does not work for working people. more and more inequality and it keeps growing. artificial intelligence, robotics, and technology is going to accelerate. they are not good or evil in and of themselves, they are only tools, so it is mattered how they are used. if they are used for good, we could lower that and have high it and fewer work hours, if is bad, the gap between them will increase. question, what happens to a system one that is incapable or unwilling to survive a rising standard of living for a growing majority of its citizens? what happens to that system? history tells us that system gets changed. all ofond question, those things, robotics, artificial intelligence, technology -- they are not good or evil. how can we make sure, how can society make sure that increased productivity and the benefits from the technology get shared equally and fairly? there is a a -- if union shop and they bring technology in, we negotiate for. the rough edges a

they want the cios to take more shares and not wages. we limit wages to $1 million in terms of tax deduct built. i believe that's plnlty fine. i believe the employees who also have stock do well when it turns up in the stock price. but many companies have shares with mayor employees. the employees had shares in the company. the belief is we don't pay the people enough. i give herb credit on some of that. i think in the last 20 years there has been a softening of that. it's hard to read these numbers. you don't give all the true figures. when you look at capitalism itself. if a president doesn't like their job and they think they can get money someplace else, then they are going to leave. but when business is doing well like it's doing now. you will see wages going up, employment going up. businesses feel positive about the future. charles: we talk about shareholders and obviously if i was developing some gadget in my garage and i thought it was great and i were to ask people to help me invest tonight, we would be considered shareholders.