. >>> tesla's batterymaker has suspended one of its cobalt suppliers over concerns that it mined in cuba. panasonic, the exclusive supplier of batteries to tesla said it was unable t determine how much of the cobalt used in the tesla batteries had come from cuba it suspended its canadian supplier after reuters asked about the cuban cobalt. >>> coming up, atlantic council ceo fred kempe will talk trade,

building cobalt in the united states.f you look at apple, building devices in the united states, bringing up metals and other technologies. but that also has an effect on consumers as well. as we know products developed in , the united states, anything with a made in the usa slap on it are traditionally more expensive because the labor costs are fire higher than they are in china. emily: all right. as always, thanks for keeping us posted. in the meantime president trump , has embarked on a european tour with a sequence of high-profile events starting with the nato summit in brussels. let's get to caroline hyde in london with more. quite a germanic day. walk us through the events. >> just extraordinary. in some ways, tech was involved because a lot of the arguments seem to come out via twitter, of course. trump's favorite mode of communication. he took to twitter ahead of nato saying the spending was not high enough, complaining about the trade deficits he has in the eu. the so-called tariffs and barriers to entry. -- such

in other words, using children as spies in cobalt operations.not crime —— i don't know, drugs or knife crime, were sent back into the communities they we re sent back into the communities they were getting into trouble in and reporting back to the, being asked to report back to the police. now thatis to report back to the police. now that is a pretty dangerous thing, i think, to ask kids to do. and in the box they have helpfully in red, from one undercover officer, that we don't know his name, so he can't be an undercover officer at, yes, don't know his name, so he can't be an undercover officerat, yes, ex— undercover officer. it is a kid caught first time, and instead of rescuing him they send him back in. these are known according to the home office as covert human intelligence sources. chis. they are children. they are still children. the concern they have, not least that they are using children to spy on adults, which is utterly appalling. it says they are worried that they might be authorised every four months, rather than every month. so t

>> cobalt batteries, as we see more electric cars happening.utside of the u.s., with the focus on the retaliatory tariffs. what is china going to do about this? that is where apple can be affected. about 20% of the sales across 2017 were in china. if china slaps growing tariffs on the u.s. for selling iphones in china, that could be bad for apple in the region. apple cannot get away from not being a company affected by u.s. tariffs and not be an affected by china's tariffs. they will be affected on one side or another. emily: we saw tesla working towards opening a plant in china. this has been going on for a while, but it goes against trump's direction here. what are other solutions for these companies? >> more solutions are to have a homegrown manufacturing of different components. if you look at apple, building devices in the united states, bringing up metals and other technologies. but that also has an effect on consumers as well. products developed in the united states, anything with a made in the usa slap on it are traditionally more exces

we think these shapes have cobalt into it antagonistic way. how does this work? what this means is that sexual autonomy matters to animals. there is something it is like to have freedom of choice and that their evolutionary consequences subverted so when the female selects the male she likes that her offspring will inherit the green head in the quack that she likes and others have cobalt to prefer. if the female is forcibly fertilized her male offspring will inherit a random trait or one that she is explicitly rejected which means her offspring are less likely to be sexually attractive to other females. in this case ecstatic the that standard of beauty which female share provides them with evolutionary leverage and opportunity to advance their freedom of choice in the face of persistent sexual violence. what that senate candidate from missouri, todd akin, said about women having a whole way of setting nothing down in response to rape is true of duck. [laughter] but in a way that informs us it's about the nature of sexual autonomy which is that sexual autonomy is

from cuba panasonic said it was unable to determine how much of the cobalt used in the tesla batteriescuba >>> boeing claimed victory at the farnborough air show this year they said they won 528 orders and commitments. airbus reported 43new deals. airbus managed to retain an order for 34 jets from airasia despite the company threatening to walk with talks coming down to the wire. >>> airbus launched its beluga xl cargo plane look at that like a cute little dolphin the aircraft which features a whale's rounded nose and pointed beak will carry plane parts. >>> and oil exports from saudi arabia are expected to drop by 100,000 barrels in august. in a statement the it was said the move was aimed at preventing oversupply to the market which could repel potential investment in the overall industry. concerns of too many supplies and trade war risks have actually pushed crude prices marginally higher. brent is at 73.26 a barrel wti at 69.82 >>> demand for gold will rise in the second half of 2018 as inflation pressures increase that's according to the world gold council the price of spot gold h

panasonic made the move after reuters reported that some of the cobalt is mined in cuba which could beation of sanctions. >>> ipm is suing groupon for alleged patent violations. but groupon says that ibm is trying to use outdated patents to squeeze money from other patents for threatens of litigation >>> general electric beating the street on the top and bottom lines. and the shares up 2% at one point. they're up 5/8 of a percent. microsoft also reporting better than expected results. also raised guidance for the current quarter. >>> wall street continues to pay close attention to the trade talks coming out of washington when joe sat down with the president yesterday at the white house, they talked china and trump's tariff strategy. >> did you ever get to 500 >> i'm red i do go to 500. >> we have the midterms. what if the stock market were to go down? >> if it does, it does i'm not doing this for politics. i'm doing this to do the right thing for our country. we've been ripped off for a long time i asked president xi the question, so we're down 507. recently we're down $507 billion in

anticancer treatments they use cobalt 60, a radioisotope. in medicaluff is facilities around the world. there was a facility that had it in mosul and there was concern that the islamic state would figure that out. nuclear security isn't at the top of the list. so it really is everywhere. now, what are some of the advocates, what do they want to do? they want to find ways, wherever possible, to have non-radiological sources for these processes. for one thing. solution thatial thathave started on but critics say they need to do more of is nuclear energy reactors, converting them to lower uranium. those are the kinds of things that can be done. but the shorter answer is that everywhere is where the stuff is. some of it is ready to be used in bombs, some of it is radiological materials. this is a low probability risk. but the potential harm is great. that is why it needs to be a major focus. terrorists could use highly toiched uranium or plutonium have an atomic bomb. but that is not nearly as likely. i don't know if you have heard the term dirt

but on our travels from by whites over abundance to cobalt blue just covered so many other pleasures. but i'm glad. that it. didn't thirty minutes on d.f.w. . moving on beethoven. his works and the goddess fortuna. the maestro and figures. god twenty team of. climate change. waist length. isn't it time for good news to go out africa people and projects that are changing no one fireman for the better it's up to us to make a difference or let's in a split shut. what it should be an apartment magazine. long d.w. . mother is a child of the positive things. he was infected at birth. she probably won't live to the age of five. the program dream aims to prevent a mother to child transmission of the virus. hiv positive women give birth to hiv negative baby's. mother project is a hugely effective strategy in the battle against. more than ninety eight percent of these children are born healthy. the german aids foundation is supporting dream in mozambique you can do something to give a baby a future without a. make a donation save a life. odd . the odd. odd indeed. this is g.w. news live from bu

venezuela the group produces or oil and coal in nigeria in congo it operates mines for copper and cobalt glencore said it is reviewing the subpoena. well as the u.k.'s national health service turns seventy this year serious questions are being asked about its future the n.h.s. established a universal health care system guaranteeing free access to treatment regardless of income or status has for brennan. the n.h.s. is the world's fifth biggest employer with around one point five million staff offering more than two thousand three hundred different surgical procedures and treating a million patients every thirty six hours health care should be like this it should be free at the point of access i don't think patients should have to worry about how when they're poorly how they're going to fund things. and the scope and complexity of the treatment that it now offers the n.h.s. is almost unrecognisable from the service first founded seventy years ago but one thing remains the same the driving principle behind it all in the words of nih bevan the then health minister in one nine hundred forty e

venezuela the group produces or oil and coal in nigeria in congo it operates mines for copper and cobalt glencore said it is reviewing the subpoena. well as the u.k.'s national health service turns seventy this year serious questions are being asked about its future the n.h.s. established a universal health care system guaranteeing free access to treatment regardless of income or status has for brennan. the n.h.s. is the world's fifth biggest employer with around one point five million staff offering more than two thousand three hundred different surgical procedures and treating a million patients every thirty six hours health care should be like this it should be free at the point of access i don't think patients should have to worry about when they're poorly how they're going to fund things. and the scope and complexity of the treatments that it now offers the n.h.s. is almost unrecognisable from the service first founded seventy years ago but one thing remains the same the driving principle behind it all in the words of nih bevan the then health minister in one thousand nine hundred e

venezuela the group produces or oil and coal in nigeria in congo it operates mines for copper and cobalt glencore said it is reviewing the subpoena or as the u.k.'s national health service turned seventy this year serious questions are being asked about its future the n.h.s. established a universal health care system guaranteeing free access to treatment regardless of income or status has forgotten. the n.h.s. is the world's fifth biggest employer with around one point five million staff offering more than two thousand three hundred different surgical procedures and treating a million patients every thirty six hours health care should be like this it should be free at the point of access i don't think patients should have to worry about when they're poorly how they're going to fund things. and the scope and complexity of the treatments that it now offers the n.h.s. is almost unrecognisable from the service first founded seventy years ago but one thing remains the same the driving principle behind it all in the words of nih bevan the then health minister in one nine hundred forty eight no

batteries release quote toxic vapors including so fear of acid oxides of carbon nickel lithium copper and cobaltresponders need to wear self-contained breathing apparatuses the section adds that responders have to use approximately three thousand gallons of water applied directly to the battery and it may take twenty four hours to fully extinguish with the electric vehicles promoted as the future of the automotive industry the viability and safety your questions consumers manufacturers and regulators alike will have to grapple with reporting from washington d.c. dan cohen our team. and we spoke about and i trust on the program on number of times but as many moves continue to unfold what's next in the area of antitrust pacifically related to the tech field we've been assisted in the past by andre barlow of the law firm doyle barlow and mazhar and he joins us again now andrea thank you for being here before we get to the text it is always for to us when you come on that some news is broken and today the news is that the department of justice has appealed the time warner eighteen team merger that y

venezuela the group produces or oil and coal in nigeria in congo it operates mines for copper and cobalt glencore said it is reviewing the subpoena or as the u.k.'s national health service turned seventy this year serious questions are being asked about its future the n.h.s. established a universal health care system guaranteeing free access to treatment regardless of income or status has for brennan. the n.h.s. is the world's fifth biggest employer with around one point five million staff offering more than two thousand three hundred different surgical procedures and treating a million patients every thirty six hours health care should be like this it should be free at the point of access i don't think patients should have to worry about how when they're poorly how they're going to fund things. and the scope and complexity of the treatments that it now offers the n.h.s. is almost unrecognisable from the service first founded seventy years ago but one thing remains the same the driving principle behind it all in the words of nih bevan the then health minister in one nine hundred forty ei

this or these problems really dates back to acquisitions involving cobalt assets in the congo, and itsn those transactions businessmen and they were sanctioned by u.s. authorities and glencore was forced to hold payments to dan recently, we had what looks like a bit of a breakthrough in the case where glencore said it would restart payments. i think this is something that has been picked up on today. at that point, many investors felt that if it -- if glencore felt comfortable restarting payments to him, perhaps it had some kind of tacit approval from the u.s. authority to do so. this latest news regarding the doj subpoena would suggest at the very least that the u.s. authorities are not moving in the same direction in the doj and they have taken from action against companies operating in the congo. there is a lot of concern. we can see that reflected in the share price. on top of that, you also have changes to the mining codes tot the government is trying push through, where they would extract a great share of revenues from its assets. those assets have been printing money for glencoe

some otherlike battery metals -- cobalt, which we have talked about a lot because it is not traded onhe metal exchange, they have not got the same ability to hedge the risk. banks remain pretty cautious, and this is in the context that banks are cautious on mining anyway. they are still wary of a pullback in commodity prices. it means they are being selected and it means lithium developers are finding it difficult to get funding from banks. paul: so banks are cautious. if you are a lithium minor, where do you go to in funding and what is the impact of your decision? >> you look high and low. there are alternative sources out there. some of them are hedge funds offering for the higher cost debt products. we are seeing some groupings of private equity to lend specifically to projects. those tend to be more expensive. we are also seeing customers come in and fill the gap, people who actually need the lithium in their batteries, if it's intermediaries of the supply chain to even carmakers themselves. they are stepping in. the issue is they are more expensive and i also take more time, and

situation where listen, you're able to do work wherever in the world, but when you are buying into cobaltthe congo and you are doing trading deals and energy and venezuela, there is always concerned that something could come back on that and it looks like at least based on the subpoenas that this is something here in the near term that glencore is going to have to deal with and it might be in a very public way. amanda: there's a complicated relationship with an israeli billionaire. explain how that might play into all of this? joe: in may, the united kingdom came out with their own probe into a connection between glencore and gartner. he has done a lot of business deals with glencore and that relationship in terms of how he was helping them in that region in that country, comes back here as we now have a subpoena from the u.s. saying they would like to look at documents connected to the congo, so we don't know exactly what that would be, but obviously, this regulation would be a could be connected to some of the things they are. shery: the u.s. subpoena has one of the latest legal and rev

it was a slaughter of one family from the other that they created a cobalt within the cherokee nation that lasted intensely for five or six years, hundreds of cherokee were slaughtered on the highways and there were reprisals and it took until 1846 where that matter to be resolved by a peace between the two families and engineered by president polk, but the dispute continue to simmer and then lowered again at the time of the civil war so that the cherokee uniquely among all the tribes, there were many indians upon the civil war, but the cherokee were the only try that came in on both sides. why did they do this? for the same factionalism that had governed their behavior for the previous decades and they ended up fighting against each other under the name the confederacy or the union. really, it was the factional scribe. why get into this? long time ago, no one remembers. it's a piece of the hidden history. you might think it could just a hidden, and really it raised the question of what history is for, anyway. why do we care? what difference does it make that this happened? will, i ha

the drc is absolutely core and its key assets are cobalt and copper mines in the country.y are a huge growth business for glencore. burton.hank you, mark next, the former deputy director general of the wto. live from new york. ♪ retail. under pressure 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. david: we come back with breaking news out of china. us they docial tells not plan to use their exchange as a weapon in the trade war. that.xplicitly said they said specifically they will not use the rmb exchange rate as a tool to deal with trade disputes. this is coming from an official at the pboc. they rarely communicate this way. it was implicit but now they are explicitly.ry julia: you could tie this to the strengtheni

bleeding edge" and it speaks with patients suffering of complications from medical devices such as the cobaltcontrol device. the movie claims loose regulations are putting patients at risk. >> most people probably believe when they get a medical device implanted that those medical devices have undergone appropriate testing, but for most moderate and high risk devices, that's not the case. all the manufacturer needs to demonstrate is their device is substantially equivalent. to another device that is already on the market. >> bear recently announced it would stop selling the birth control product in the u.s. at the end of the year due to declining sales. they reminded women that the safety profile of the device remains positive and unchanged. it presents an inaccurate and misleading picture. the fda responded to the claims stating evaluating the post market safety of essure -- the film makers behind "the bleeding edge" are with us. i knew little about of the devices you talked about. this is a huge industry but you're here to sound the warning bell and alarms. what are you here to say, amy? >>

cobalt,ous metals, anything used in cell phones, , any pullbackev's in those metals, you want to be lying. on the pullbacks. tom: do you have an enthusiasm for equities? >> we do. we are looking longer-term. i don't want to discount the noise from washington. the economy is in pretty good shape. we will rollover at some point. we like the small-cap stocks as well. tom: thank you so much. title.that we will drive the conversation forward. afteron speaking terms francine and i crushed him in the world cup poll, bloomberg radio worldwide. good morning, radio london. thrilled you are with us. we are watching a stronger dollar and weaker commodity prices today. this is bloomberg. ♪ today. this is bloomberg. ♪ retail. under pressure 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 out

anticancer treatments they use cobalt 60, a radioisotope.dicaluff is facilities around the world. there was a facility that had it in mosul and there was concern that the islamic state would figure that out. nuclear security isn't at the top of the list. so it really is everywhere. now, what are some of the advocates, what do they want to do? they want to find ways, wherever possible, to have non-radiological sources for these processes. for one thing. solution thatial thathave started on but critics say they need to do more of is nuclear energy reactors, converting them to lower uranium. those are the kinds of things that can be done. but the shorter answer is that everywhere is where the stuff is. some of it is ready to be used in bombs, some of it is radiological materials. this is a low probability risk. but the potential harm is great. that is why it needs to be a major focus. terrorists could use highly toiched uranium or plutonium have an atomic bomb. but that is not nearly as likely. i don't know if you have heard the term dirty bomb

there was a facility and mows all and iraq that had cobalt 60. there was some concern that the islamic state would know that, figure it out and get to the material. thank goodness they did not. that stuff is all around the world. nuclear security

there was a facility and mows all and iraq that had cobalt 60. there was some concern that the islamic state would know that, figure it out and get to the material. thank goodness they did not. that stuff is all around the world. nuclear security. >> we will leave this year as a u.s. senate is about to gavel into session. returning from their weeklong july 4 recess. they will work on the nomination of mark jeremy bennett. a judge on the ninth circuit court of appeals. scheduled for 5:30 p.m. eastern today. .. . the presiding officer: the senate will come to order. he will lead the senate in prayer. >> let us pray. sacred god. you feel our hearts with songs. we are grateful for the hope joy and justice you bring to our world. think you will that he will judge the world with righteousness and your people with truth. guide our lawmakers leave them even through life's dark places as they placed their total trust in you lord, remind them that darkness protect them from life's storms, for you are their help in ages past and their hope for years to come