banks can no longer earn money with flat yield curve maturity transformation business is dead commerce banks shares and die in tandem with a 2 year 10 year treasury yield spread and those are the charts like commerce bank which used to be a big bank in germany that's declined their share prices decline deutsche bank is down like 95 percent since the financial crisis even the landis bank and which are the foundation of the middle east like those middle corporations as the heart of german export economy that those banks are starting to suffer as well right now by the way all the big banks will be on by amazon and we answer that because seemed like when you make a purchase on amazon you either get a big shock or a little shock depending on your credit rating or you get shocked and the population declines anyway we're going to take a break and when we come back much more coming away don't go away. from the big pain years and cross-talk sort of 10 years i think it's time to shake things up maybe change the branding the format is what i've been thinking about next season's brigs related episodes f

maturity transformation business is dead commerce banks shares. and. treasury yield spread and those are the charts. commerce bank which used to be a big bank in germany that declined their share prices the prime deutsche bank is down like 95 percent since the financial crisis even the land bank and which are the foundation of the middle east middle corp says the heart of german exports economy that those banks are starting to suffer as well right now that way all the big banks and beyond. and we answer that. and when you make a purchase on amazon you either get a big shock or a little shock depending on your credit rating or you get shocked into population decline anyway we're going to take a break and when we come back much more coming away don't go away. through our new year to play just one game so i did this. and i didn't know what to do with it you know did a business use to temporize they could gin you on to the next american election. over at least because the democrats disposed towards the islamic republic so you know maybe you go back to the

maturity transformation business is dead commerce banks shares a guy. with a 2 year 10 year treasury yield spread and those are the charts like commerce bank which used to be a big bank in germany that's declined their share prices decline deutsche bank is down like 95 percent since the financial crisis even the landis bank and which are the foundation of the middle. middle corporations as the heart of german exports. economy that those banks are starting to suffer as well right now that play all the big banks will be on by amazon and we enter the era of the casino go flying and when you make a purchase on amazon you either get a big shock or a little shock depending on your credit rating or you get shocked into the population decline anyway we're going to take a break and when we come back much more coming away don't go away. in 2040 you know bloody revolution to to correct the demonstrations going from being relatively peaceful political protests to be creasing the violent revolution is always spontaneous or is it still or here i mean you are liz put

maturity transformation business is dead commerce banks shares a guy. with a 2 year 10 year treasury yield spread and those are the charts like commerce bank which used to be a big bank in germany that's declined their share prices decline deutsche bank is down like 95 percent since the financial crisis even the landis bank and which are the foundation of the middle. middle corporations as the heart of german exports to me that those banks are starting to suffer as well. all the big banks will be on by amazon and we answer that because you know go like and when you make a purchase on amazon you either get a big shock or a little shock depending on your credit rating or you get shot to death up in life in the line anyway we're going to take a break and when we come back much more coming away don't go away. round up with a little out of. the set of one of my what i would. find i trim 88 to high is not the high i might. get this month when the sun shone. for the sum total of almost mimic the lock of the. theater someone who did the board. welcome back to t

maturity transformation business is dead commerce banks shares. with a 2 year 10 year treasury yield spread and those are the charts like commerce bank which used to be a big bank in germany that's declined their share prices decline deutsche bank is down like 95 percent since the financial crisis even the landis bank and which are the foundation of the middle east middle corporation says the heart of german exports to me that those banks are starting to suffer as well right now by the way all the big banks. and we answer that because. when you make a purchase on amazon you either get a big shock or a little shock depending on your credit rating or you get shocked and population declines anyway we're going to take a break and when we come back much more coming away don't go away. not at me. but if she warned you i do. wish that the. those jeans nudist beach and you see me. in the news i mean that is where that information ball. a lot of you will see sawing your info as if parts about to kids out the bulls are the most cool. doesn't need a list of.

let's talk about commerce bank. al bank, it does have exposure to the foreign-exchange story, how do you think that will turn out? will exit from poland? is that something you're planning for? how would that change the landscape? it'sen you do the math easy to say which banks might or might not be exposed. but it's difficult for me to comment on their position. is a targeting of the bank leaning towards younger clientele. we have not seen any acquisitions. guy: do you see any exits? do you think it were a decision coming through the people court, that it may force banks to leave poland? >> i think if you are a western european banks, the valuations have not been great, put simply. you have to look at every way you can grow. for banks like ing and commerce bank, this is one of the unique growth areas where you can grow and get stable dividends. guy: you don't expect them to leave? onlywouldn't, but this is my speculation, it's difficult to put myself in their shoes but i think it's a good market for western european b

unfortunately we do not 100 percent go in this direction it's a compromise your claim a chief economist of commerce bank joining us from frankfurt thank you thank you. well while politicians debate global warming and businesses hope any counter measures won't hurt their bottom line climate change is already very real in many parts of the world take a region in the south east of space it's considered europe's vegetable garden we could go a year's worth of rain fell in just 24 hours with disastrous consequences for many farmers and ultimately consumes it was the worst flood in 100 years and the destruction can still be seen a week after the storm houses and streets were destroyed. but it affected farmers the most one of them is an tonio paredes. his collie flower was almost ready to harvest and now it's been under water for the past week the floods might be his downfall. if there are many more a month and we're making so little money. we can't go on like this. we're thinking about giving up agriculture i wouldn't a few kilometers away vegetable farmer francisco sanchez looks at the devastation across his

and more cuts on the way at commerce bank. the german lender plans to eliminate 4300 jobs. ed to sell its stake in a polish bank. that's the business flash update. >> coming up, demanding change. protesters around the world are demanding action from the government to combat climate change. we are going to discuss activism from these people that is changing the conversation. this is bloomberg. tens of thousands of people around the world demanding action on climate change. the students skip school and workers walked off jobs to participate. bloomberg is part of the covering climate project, which includes 100 news outlets. here with maurice bloomberg's will wade. these -- of >> i think it's millions of people. protest on of climate action, is this thought to be the biggest mass thing we have seen? especially with huge hearings in new york. what i think is notable today, how much is centered on young people? to bees are more likely old then young. there is less rejection of the idea among young people. >> a lot of kids -- i'm wondering, what are they actually -- know, what are

a lot of green on the screen, boosted mainly by financials bank of ireland, commerce bank, a number ofks rallying by 3% or so in trading. but slowdown concerns continue to fester. oecd cutting the growth forecast 2.9% down from 3.2% four months ago. it would mark the slowest pace since 2009 concerns weighing in some sentiment. they further warn a no deal brexit scenario would shave off 3% of growth, pushing that country into a possible recession. you take a look, mention that against the bleep backdrop look at the latest monetary policy decisions, norway bucking the trend earlier today, delivering a fourth rate hike over the past year swiss national bank and bank of england holding rates steady you look at that weak august inflation data, trade wars with china, and tensions there, and ongoing brexit concerns, all weighing on bank of england and policy makers governor mark carney striking a dovish tone, adding a no deal scenario, even delay to brexit would slow growth, raise prices as well. rate decisions are key around the world. morgan, back to you guys >> absolutely. thank you. >>> l

next it goes to the commerce and banking committee, then the house is also talking about its own draft. from a initial perspective, it is good news. the bill is $300 billion, which is a 27% increase above current levels. there is also new increases in freight programs, bike programs, and it surprisingly acknowledges climate change for the first time with a climate change program that has carbon reduction programs and funding for fueling infrastructure. that including planning and pilots for congestion pricing. we are working with the mayor's office and the transportation commission along with other agencies on advocacy to make sure that our priorities are known at the senate and house level. basic advocacy including growing revenues for the things we care about, especially on the transit side, vision zero, ensuring sufficient funding for congestion pricing, making sure, looking how the bill treats merging noticeability and new revenue sources, user based fees is the challenge moving forward is finding the revenues to pay for the new programs because the highway trust fund is only solve

so commerce bank saying sentiment around the currency has improved.of different factors that have led to something of a strengthening, a stabilization for the offshore currency currently at around 7.11. tom mackenzie in beijing, our china correspondent, thank you so much for that. ratings saying traded disruptions and the threat of a no-deal brexit are darkening the economic outlook. the agency has announced across downgrades to their global forecast. brian colton joins us from hong kong. let me get started on china because you have also revised down growth for china 2022 5.7%. tom had explained to us all of these liberalization moves in the market not to mention we have seen china trying to support local growth. how much are you expecting these moves to help the economy? >> we certainly think there will be some offset, but the scale of the intensification of the trade war over the summer was really quite dramatic, so by december of this year, we will have an increase in the affective tariff rate on chinese imports to the u.s., off 22%. it is almost a

tom: maybe the commerce bank will publish this today, tomorrow or in the last day.e been companies that tried to figure out how many bonds are out there and how long affinity is and the answer is affinity looks shorter than anybody thinks. do you have any kind of handle on when the e.c.b. runs out of stuff to buy? >> yep. we would say with regard to germany at the current pace of purchasing you'll run out of space probably the end of q-1 next year as regard to the euro zone as a whole on the urent mandate. we can't go beyond next year. there's a limit to q.e. and will be raise may in the first half of the fourth year raise it to 34% instead of 33%. tom: how restrained is christine le guard when she takes over in november? simon: this is part of the discussion, the austrian bank did a fascinating interview with bloomberg this morning which indicated there were a number of governing council members who were concerned she and they would be pinned in and making it state dependent rather than time dependent in their forward guidance and is a concern from a respectability

comfortable that there is no -- there would be no knock-on effects if you deep in a recession from a commerce bankr deutsche bank and the exposure they might have to unknown things like derivatives or what not? >> systemic crisis would be a problem but seems very unlikely given the level of capital certain things to avoid. you mentioned a couple but there are great ones out there like unicredit and italy lit is are consider italy is considered to be a basket case, but companies are getting rid of bad debt and to start returning capital to share holders. it is certainly not priced into a bank like that trading at 40% of its book value. they are almost giving to you on a silver platter but the time to buy won't be after we have a recovery and so what will cause this? just having rates stop falling they can't fall forever and they never do >> what do you think, mohammed >> i don't disagree that if you look at valuations it is compelling you can look at emerging markets versus the u.s., it is even more compelling but that has been true for a while. if you say what did we learn the last 24 hours before

here with his take is the head of the bank of commerce. are you ready for this week? >> i'm bracing myself, that's the best way to say it. debate on the to sterling perspective, because of the narrative which has amplified this political risk and we've seen markets discussing the possibility we could see earlier elections even before the brexit deadline, that underlines investors adding to the fear factor and letting volatility spike. it's probably going to continue to move higher. we will see sterling in nominal terms relating -- remain under pressure. me through why people would be worried about a general election. is why wouldthing the prime minister be considering an early election? thosewants to check conservative members of parliament, his ability to govern and push forward would be completely eradicated. from the prime minister's perspective, it would be much more positive. that's what theresa may wanted in 2017. i think from a market perspective, what is an early election doing for the prospects of the opposition pushing back against no deal. we could get the

that container and in on what is inside the container so it's a new way of doing e-commerce without a middleman without banks credit cards it's from a consumer to vendor or from consumer to consume are right now this comes out an interesting time in the history of content and spirits we've got year to day monetizing all over the place twitter is the platforming so how does kick a dot i am provide an anecdote to this has it fit into the ecosystem of content. well kate i am really delivers the promise of the internet freedom of speech freedom of cool murders and freedom of finance all in one package. so will you keep the platform censorship resistent can the u.s. or chinese or any other government shut it down cam. what the nature of it is the senate for a life sentence p 2 p. it's user controlled we are not hosting any files for anybody so it's really up to the users to you know manage. the containers right and the servers themselves are they are raid like a bit torrent all over the place they geographically are there some how are your ranting hours to keep keep them away from any any eyes 5 eyes i guess you

banks now. they will be merged. the job national back will take over commerce and united bank. much negatively. hat is down about 35.5%. the other two mergers were yoon-bang, which takes over andra, alongside indian bank that will be merged with another bank. if you look at the overall performance of these banks in this calendar, they have seen cuts of over 20%. this megaconsolidation news has been received negatively with the street by this morning. with that, back to you guys. >> thank you very much. now, let's get to brexit and british prime minister boris johnson threatening a snap election if he loses a vote in parliament next week. his critics and the labor opposition are trying to force him to delay brexit, but he says that is not going to happen. >> i want everybody to know there are no circumstances in which i will ask brussels to delay. we are leaving on the 31st of october, no ifs or buts. rishaad: our international editor is with us. how might boris johnson's threat go down in the commons this week? >> well, it is very interesting. a number of millsap sisters, inclu

you can see this morning, we are seeing a positive reaction namely out of the german banks deutsche is up, commerce is up b&p 1.8% those are particular as well because of the tiering mechanism the ecb announced where six times the minimum reserve will be at 0% rather than the new deposit rate this is a positive for banks that have a lot of excess cash those appear to be the core banks. here are some of those doing well we've seen a big bounce for italian banks too. these don't have a lot of excess liquidity. in addition to the other measures that were announced by the ecb, finally seeing a bid back it was a bit of a rebound to the august lows. that is the picture for banks. we had a lot of action as well for the fixed income you can imagine, they cut the interest rate with this tiering system there was a lot of confusion on the front. 10-year yields as well initially when the announcement came out, the bund rallied about 10 basis points. later on by the end of the session were trading about four basis points higher. y you can see that trades very heavy. bunds are coming off here at minus 50 going i

put aside the fact he was on the board of directors of the bank of cypress laundering machine. as commerce secretary he has a record of lying to congress about the census question which proved pretty critical and a source of deep embarrassment because of his imagination and untruths. now we find he is suppressing science. the american people count. we got a real problem in america and even trump supporters who rely on the national weather service are going to be concerned whether it's hurricanes or tornadoes or whether patterns or blizzards in the winter. we rely on their accuracy. to have a political figure like wilbur ross decide you will not talk about that, you will not contradict the president even though he makes a misstatement and your statement is based on science, that's a troubling development. i call for wilbur ross to resign over this. >> there was statement denying the new york times report but the new york times has pretty good sources on this story as well. let's move on. i want to get the reaction that the president invited taliban leaders to camp david. what's your reactio

commerce here in the uk. chris, if we are getting doubt warning from the governor of the bank of england, that is something to bank of england, that is something to take note of? absolutely. the figures that have been published, it is all the reflection of where we've come over the last three years, i think. there are two things going on of course, in a global context, increasing action is, the us—china trade war and of course that's leading to a global slowdown. and in the uk context we have brexit and all the uncertainty of the last 3.5 yea rs. all the uncertainty of the last 3.5 years. i think there is also no surprise, they though there are the results of a enormous amount of uncertainty and we've seen a fall in export orders and interest and the attractiveness of the uk is less thanit attractiveness of the uk is less than it was, at least for the moment. is interesting because we we re moment. is interesting because we were told the weak pound would give exports to boost —— a boost and manufacturing relies a lot on exports. so it's interesting that hasn't translated into a boost for uk exports. yeah, i t

and of commerce ali baba is to buy luxury goods platform cola for $2000000000.00 the purchase part of ali baba's attempts to secure a niche segments of the online retail market china central bank has loosened its reserve requirements for commercial lenders freeing up $126000000000.00 for lending beijing's latest efforts to stimulate the country's slowing economy and american retailers continue to grapple with an epidemic of gun violence days after wal-mart banned customers from carrying weapons onto its stores into its stores others are following suit among them a pharmacy giant's c.v.s. and walgreens. it is a rare commodity that the shepherds of the mountain kingdom of this suit to provide to the world market their animals of wool and mohair keeps necks and hands warm and cold winters western luxury brands are eager to get their hands on the stuff but lately business has been bad as a new law and forces the shepherds to sell to one broker exclusively one from china but many are saying we won't have it. is better known for its tall mountains and a vast number of sheep but now there is a small revolution taking place in the tranquil mountain kingdom a year ago a chinese entrepr

sanction the central bank that has already been sanctioned but under a different title but of course there are measures shows there endeavor to block iran's international commerceto block food and medicine from reaching the people of iran. and still ahead on al-jazeera marking 5 years of a rebel takeover yemen's who these celebrates a key milestone birthday the. interior gas and mortar cannon hong kong's protests show no signs of slowing down. the air. the season the tents probably succeeds in changing we're going to tarnish you again.

sanction the central bank that has already been sanctioned but under a different title but of course there are measures shows there endeavor to block iran's international commerce to block food and medicine from reaching the people of iran now one day after leading the biggest protests in history young activists have taken their cause for action to the united nations the youth climate summit was opened by teenage campaign aggressor thumb burke who inspired friday's demonstrations diplomatic editor james space reports from the united nations headquarters. the day after people around the world led by the youth took to the streets here young people taking over one of the global halls of power this is the u.n. youth summit but the most powerful person was not here to speak un secretary general antonio good terrorist was billed as the keynote this snow and these are among the speeches he heard these negotiations and climate change policy started in 1902 even before most of my generation was fine for over 25 years and the emissions have on us in. we appreciate that you there now are the table where the discussions are being held but our voices and our imports must be

sanction the central bank that has already been sanctioned but under a different title but of course there are measures shows there endeavor to block iran's international commerceto block food and medicine from reaching the people of iran now one day after leading the biggest climate protests in history. have taken their cause for action to the united nations the youth climate summit was opened by teenage campaign aggressor tom who inspired friday's demonstrations. diplomatic editor james bays reports from the u.n. headquarters. the day after people around the world led by the youth took to the streets here young people taking over one of the global halls of power this is the u.n. youth summit but the most powerful person was not here to speak u.n. secretary general antonio good terrorist was billed as the keynote this snow and these are among the speeches he heard these negotiations and climate change policy started in 1902 even before most of my generation was fun for over 25 years and the emissions have only. we appreciate that you there are no other table we had the discussions are being held but our voices and our inputs must be allowed to influence this d

manipulation and spoofing bank fraud wire fraud affecting a financial institution and conspiracy to conduct their affairs of an enterprise involved in interstate or foreign commerce through a pattern of racketeering activity often known as rico conspiracy the d.o.j. said again kaiser report said that we said racketeering in 2010 i'm going to read you a headline we actually covered in november 2010 so today in 2019 the department of justice is charging them with rico and racketeering here's a headline we covered from november 3rd 2010 jesse's café america new comix related silver manipulation lawsuit includes charges of racketeering this is the guy carlo he was an investment he was an investor in silver futures and he charged he basically took a civil action against j.p. morgan and charge them with rico exactly with the department of justice is now almost 10 years later charging them with rights so as usual the bank will get charged a small fine some member of the model of jamie diamond is to keep $0.90 of every dollar he steals right number one with the bank yes but these executives themselves including the head of their precious metals trading desk now they're b

banks. the bill passed the house in a bipartisan vote to become the first standalone marijuana reformed bill to ever clear the chamber of commerceized cannabis for medical or recreational use and federal law prohibits businesses from getting bank accounts, loans, other financial services. many of them relied on cash making them potential robbery targets. the process and the passing of thare uncertain. >>> time is 7:25. a rally set for this morning in san francisco urging the governor to sign a bill to give free medical marijuana to people who were seriously ill. state senator scott wiener who said it would give tax relief for compassionate care programs that already provise free medical cannabis. the bill was passed by the state assembly and the senate earlier this month. we don't know yet if governor newsome will support it. >>> and 7:45, keeping the battle over the e-cigarettes and tobacco products. juul at the center of it all. >> it will stand to lose a lot in this had fight. but pam cook is back in the studio with dollars and cents. >> yes, there is talk as we know of the nationwide ban of the flavored tobacco products and

sanction the central bank that has already been sanctioned but under a different title but of course there are measures shows there endeavor to block iran's international commerce to block food and medicine from reaching the people of iraq. and there's plenty more still ahead this news hour including. more tear gas and water cannon hong kong's protests show no signs of slowing down. being the change she wanted to see uganda's climate is inspiring a continent. and star another stole the show for you've been just peter will have much more of that actually coming up in sport. one day after leading the biggest climate protest in history young activists have taken their calls for action to the united nations the youth climate summit was open by teenager or teenage campaigner gratitude berg who inspired friday's demonstrations our diplomatic editor james bass reports from the united nations headquarters. the day of the people around the world led by the youth took to the streets here young people to hear one of the global halls of power this is the u.n. youth summit but the most powerful person was not here to speak u.n. secretary general antonio good terrorist who's

forward to learning more about the safe banking act and understanding how the safe harbor would work, what the compliance challenges relating to interstate commerce could be and the challenges with cash ensuring that the legacy cash complies with the guidance. having a conversation with whether banks should be able to provide banking services to entities engaged in federally illegal behavior but behavior which is legal in some states brings up an issue and concern of mine that has been a big push where we have seen a big push to choke off legal striz from tind the banking sector. i said many times and i will will say again, operation choke point is concerning to me because law abiding businesses were targeted strictly for operating in an industry that some in the government disfavored. under fear of retribution, many banks stopped providing financial services to members of the lawful industries for no reason other than political pressure which gays ttakes the of regulatory scrutiny. operation choke point was inappropriate and congress needs to pass legislation to prevent future operation choke point initiatives. senator brown? >> i thank you, mr.

sanction the central bank that has already been sanctioned but under a different title but of course there are measures shows there are endeavor to block iran's international commerce to block food and medicine from reaching the people of iran. iran. powerful revolutionary guard is warning that it is ready for combat and that any country launching an attack will become a battlefield general has a in salami was speaking at the opening of a new exhibition which is showcasing iranian military capability and as a measure of a report from tehran u.s. drones are nice pieces of them at start of the show any doubts about what iran might do if attacked the man who would lead the fight put to rest a mob out of our cornish. our reaction will be absolutely and we will respond powerfully to anyone who wants his land to become a battlefield we will never let iranian land become a battlefield and we will fight to the end no way it will be safe be careful. hussein salami took charge of the islamic revolutionary guard corps earlier this year his warning to iran's enemies came at a ceremony to unveil new exhibits at the war museum into iran exhibits which are no doubt especially pri

central bank are split on further action but noted they are ready to take action if the economy weakens. top brass from's book and google and twitter one l. executives told the senate commerce committee they have gotten better at detecting and removing violent extremist content, but some lawmakers insist they are still not doing enough. according to the washington post, a bill has been drafted that would create a national commission at the department of homeland security to study how social media can be weaponized and how well tech companies are combating those dangers. >>> choppers looking to find the best toys for their kids, listen up. toy insider says these will be the hottest toys this winter. the most popular is the new hatch animal wow. and transforming batmobile and a fortnite piÑata. toy insider's holiday gift guide has a list of popular stem toys and affordable items under $12. that is your cbs money watch report. for more, go to cbs money watch.com. >>> 4:40. taking a live look at the washington monument this morning. the most visible landmark reopens to the public today for the first time in years. the 2011 virginia earthquake damage the monument and after $15 m

commerce giant and he's stepping down. alibaba chairmanjack ma leaves the company he created today. we will hear his fascinating story. markets in europe are headed lower for now. a lot of attention on central bankn and the european central bank meeting on thursday. and pets in silly glasses, what's not to like? snapchat is a bit of social media fun, but the firm wants to put a more serious face on. we find out why. and as us authorities launch an investigation into google‘s dominance, we want to know could you live without the services they provide — just use the hashtag bbcbizlive a very warm welcome to the programme. are you lost without google? we've already had comments. we've already had some coming in and we will share them later. the world's largest motor show gets under way today in frankfurt with all eyes on trade tensions between the us and china. with germany's economy now shrinking the likes of bmw, vw and daimler will hope that the showcase event can give their brands a much needed turbo—charge. according to the european automobile manufacturers association the auto industry provides jobs to 13.8 million europeans. however during the first half of 2019, demand for cars across the e

sanction the central bank that has already been sanctioned but under a different title but of course there are measures shows there endeavor to block iran's international commerce to block food and medicine from reaching the people of iran the swedish activist grettir to unberth getting a worldwide call for action on climate change 4000000 people have taken part in the start of the week long event she's been speaking to the youth summits being held at the un in new york and she told them that young people are unstoppable yesterday millions of people across the globe. marched and amanda's real climate action especially young people. we showed that we we are united and that we young people are unstoppable. pro-democracy protests in hong kong have been holding a city into month for 2 month anniversary of an attack in the subway station a group of more than a 100 men wearing white t. shirts assaulted at least 45 people including anti-government demonstrators in a pregnant woman in july coming up next are risking it to talk to al jazeera we're going to use what you give them to the people will be attending the minimal workshop we listen i'm supposed to explain apolo

focus more on domestic e-commerce today the company saying it's dealing with increased cost for ground business as part of the plan certainly not a shock amet of deutsche bank and ups the two companies raiding similar but different 2019 ups up more than 20% year to date fedex down 2%. the drop for ups is a direct result of fedex weakness back to you. >> thank you, frank. chris thinks despite fedex transports are rev up. that's a contrarian notion i think chris, it is is it not. >> i think it's contrarian notion and certainly fedex down 10% after hours. i want to remember this 150, 55, of a level we'll talk about that in a minute. but the bigger question is there a read from what fedex told us about the transportation group i'll show you a couple charts that injury are important. the dow transports still below the highs from 2018. but what is already breaking out is the transportation advance decline line so if we took a cumulative sum of shares that's already made new highs. breath under the surface for the frrpting is good we see that with a number of transports making one-month highs. you had almost 75% of transportation stocks making a one-month high ove

sanction the central bank that has already been sanctioned but under a different title but of course there are measures shows there endeavor to block iran's international commerce to block food and medicine from reaching the people of iran. yemen's heathy rebels are celebrating the 5th anniversary of their takeover of the capital sanaa thousands of supporters attended a parade marking what is known as the september 21 revolution who took control of sanaa following an offensive in september 24th team saturday's rally comes a day after the rebels said they would stop aiming missile and drone attacks in saudi arabia warning that a continuation of the war could lead to dangerous developments. no matter the difficulties or how much the international community conspires and hires mercenaries and no matter how long this war lasts yemeni people are adamant about gaining the complete sovereignty freedom and independence the revolution of the 21st of september is a revolution against oppression and tyranny hundreds of palestinians in the occupied west bank have taken part in a funeral procession for a 14 year old boy who was shot dead by israeli forces last month nasim.

sanction the central bank that has already been sanctioned but under a different title but of course there are measures shows there endeavored to block iran's international commerce to block food and medicine from reaching the people of iran. and still had an al-jazeera parking 5 years of arrival to take over yemen cities celebrate a key milestone. on tear gas and water cannon hong kong's protests show no signs of slowing down. however as the season attempts probably succeeds in changing we go to typhoon again tench were typhoon nidia the strength running up the east coast of china produce a grain i think into shanghai but not so wind direction off witnesses sort of thing that prompts the northeast monsoon to take over so humidity is dropping the temperatures not yet with it so that you are in hong kong about 13 will hung but his strong if the most part the rain further west has been showing itself as the monsoon rains typically should be the south response in this is should be disappearing but you've got a load of rain up in bhutan northeast and india and the tibetan plateau where of course it's cold enough for snow the general rain belt is moving south was now

sanction the central bank that has already been sanctioned but under a different title but of course there are measures shows there endeavor to block iran's international commerceto block food and medicine from reaching the people of iran. all protesters have again clashed with police in hong kong to get. has been fired to disperse people who've gathered on the streets and inside a mall and metro station it's reported that some demonstrators threw petrol bombs hong kong is in its 4th month of protests that began with opposition to a proposed extradition little which has now been scrapped but our correspondent scott hyla has more from the streets of hong kong. what we're seeing here is the aftermath of a protest of about a 1000 protesters that were in a mall here and you along this is right next to the n.p.r. station they are marking 2 months since there was an attack on protesters some 40 people were injured by a gang wearing white shirts they attacked the protesters they came out today to mark that day 2 months later they couldn't get into the station itself and so they went into a mall about a 1000 of them chanting their slogans and saying they're anthem now

banks and historic flooding had consequences. we traveled here and learned firsthand how connected people's lives are to the fate of the muddy mississippi river. the mississippi river is a source of life, commerceillions of people. from louisiana their river stretches 2,300 miles spread with waterways that encompass 40% of the water in the country. here many were hit with unprecedented rainfall and the namesake river overflowed its banks, swamping states like greenville. mare eric williams said the hurricane of 2019 is reminiscent of the most devastating flood in history. >> it reminded me of 1912 where it was poor folks and black folks left displayed for days and months. now we have the flood of 2019. here i am as a play mayor but i can see the effect on poor folks and black folks. communities like this have been historically neglected. and when you have high-flooding events like this, they get hit hard. so when it rains around the country, it pours here. >> reporter: it wasn't just the city that flooded. hundreds of thousands of acres of farmland in the mississippi delta were inundated, leaving farmers like ed jenkins, who grows corn and soy, with unusable land. >> this probably has been the

banks may not have the tools needed to boost growth. >> the trade war is adding to the pressure for more reforms in china. we are joined by the e.u. chamber of commerce

bank. in addition to these provisions, extenders that have been negotiated by my colleagues on waysnergy and commerce and and means committees will keep health programs that are critical to american families up running. by extending these programs and funding through november 21, this c.r. will additional time to negotiate our differences and long-term nsible, funding for priorities that help ake our country safer and stronger. as we negotiate, families, across es, communities the country will have much-needed budget certainty disruption to vital services or to the pay of employees. after we pass this c.r., and the enate moves forward with their process, democrats will egotiate responsible appropriation bills that uphold our values and give working a ilies a better chance at better life. eeping government open and providing certainty for our top nities must be a priority. our continuing resolution is a to that end.p i urge my colleagues to join me in support of this legislation, and i reserve the balance of my time. the speaker pro tempore: the entlewoman from new york reserves. the gentlelady from t