so better in the south, dryer for the continental europe.south, dryerfor the north, continental europe. so better in the south, dryerforthe north, low cloud comes in bringing drizzle. it'll be a muggy night across the southern half of the uk like it has been of late. tomorrow starts off grey and misty, we will see sunshine developing in many areas. still the potential for more thunder downpours breaking out across wales, the midlands, east anglia in southern england. that cloud still sticking into the northeast of england, some northern and eastern parts of england. quite warm for western scotla nd england. quite warm for western scotland in northwest england, with temperatures in the southeast lower than today at 25—26 c. into the weekend we still have the area of high pressure in the north starting to move away, allowing the downpours that we see in the south to move northwards. saturday is very similar to friday, again it is wales, the midlands, east anglia in southern england that are likely to find some heavy and thundery rain with the

continental shelf so they didn't send the ships but all of a sudden that turkey realized that egypt and resists signed an agreement beach is violating the turkish financial shell done than the good they don't want game just after that the turkish systemic research ship and then the option they really start to sail again to the mediterranean or this isn't it should be it each should be sold in a very unique is there is a lesion because this is a very unique area so you cannot resolve all those issues which is very unique in. taking into consideration off the job st george curry says that it's great exercise what it says is its legal right to extend its territorial waters along the western coastline from 6 to 12 miles abandoning what the prime minister says is decades of passive foreign policy just how far is greece prepared to go in standing its ground . well thank you for having me greece actually attempts to protect its over anything and solver a new rights the extension of that there had already a reward. is placed in its interest to protect its over n.e.p. while its action now in the

force turkey's vessel the aura greece is conducting research and greece says that it's above its continental shelf anchor disputes athens exclusive rights in the region they've both announced military exercises within a broader area between crease and cyprus but they've also signaled readiness for dialogue as germany tries to b.d.a. between the nato allies al-jazeera. reports now from istanbul. turkey and greek warships on alert tensions are high as the 2 countries have been locked in a dispute for weeks over matter tembo andries and offshore writes. germany for its part is trying to mediate a dispute between the neighbors and nato a life that's foreign minister conducting shuttle diplomacy between athens and on. when to say most wonderful passable catus for a fender region or spirits of what we urgently need are visible steps towards the escalation and a genuine readiness for dialogue i have been hearing from all sides that there is a willingness for dialogue and so we believe holding talks is achievable in the end a binding and peaceful solution to the eastern mediterranean dispute will on

the issue of the maritime rights and the continental sheu maritime rights and the continental shelf hasato allies. and this issue remains unresolved in the last, for many many decades. and there have been some talks to resolve the issues which is not provided any solution yet. and back in early 1996 there was a yet. and back in early 1996 there wasa similar yet. and back in early 1996 there was a similar escalation in the eastern mediterranean went to countries claimed sovereignty on small islands. which are a few miles from the turkish coast. and then the two countries came on the brink of war. and back then the us president bill clinton stepped into the issue. which is intervention de—escalated the situation. and for many people this is what we see recently is the most significant escalation in the region since 1996. thank you. a bit of the bigger picture about what's happening. just a reminder as well our top story israel and the uae has reese doomed formal normalisation of relations. you can talk to me on twitter. thanks for joining relations. you can talk to me on twitter. thanks f

congress. -- bring about the first continental congress. alexi de tocqueville spoke in said, he would praise the postal service, writing that the most enlightened world district of france is there an interest rule as an intellectual movement on such a scale as in this wilderness. so, as i say, rooted in american history, part of the communication that established going from colonies to a country, they are there for america's families to communicate, as this is to thrive, medicines to be delivered. case, time of an election, time of the pandemic, a safeway for people to vote. it is very important to shine a bright light on the postal system and to show our appreciation for what it has done. nearly 100,000 -- 97,000 veterans are employed by the postal service. us, is a joyous occasion to come together, to vote for the postal service, and to meet the needs of our people. can asktituents -- you any member of congress across the country, democratic or republican -- if they are hearing from their constituents on this subject. and they are. as we

el continente americano acumula mÁs de la mitad de todos los casos de covid-19 en el mundo, andrea leÓnuarta parte del total de casos en todo el mundo hoy se reportÓ otra cifra alarmante, un incremento del 90% de los casos infantiles en las Últimas cuatro semanas. entre mÁs casos tengamos, más personas se pueden contagiar y por eso va aumentando casi 1 millÓn en un tiempo mucho mÁs pequeÑo de lo que hubiÉramos tenido antes. >> la organizaciÓn mundial de la salud dijo que estaba comenzando moverse hacia la poblaciÓn mÁs joven, algo que coincide con el regreso a clases a estados unidos y por ende preocupa a padres de familia. >> esto quiere decir que no hemos pasado el primer pico en estados unidos y tenemos que tener estos cuidados en cuanto al esparcimiento social, la utilizaciÓn del tapabocas y el lavado de manos. >> el cuenta por ciento de los casos se encuentran en california, florida, new york, tex y georgia, estados con una fuerte presencia hispana donde muchas personas no tienen la opciÓn en trabajar desde casa. >> el censo serÁ clave importante para todo lo que va a pasar en nues

could ease its lockdown owned the late to the rest of continental europe the rest of europe and as a result the british economy tanked or fortunately now with lock downs having been eased in the u.k. and the pandemic now being under control the u.k. looks like you do have quite a good recovery in the 3rd. where you say the u.k. government acted too slowly too late was such a downturn that we're seeing now some one inevitable than. e.d.s. it was probably inevitable not the precise amount but yes the downturn serious downturn was in every table with decisions that then forced the u.k. to keep the lock downs on for longer the us alternative namely to also go for lock downs a bit later outside new york but then to ease them early is showing up in the u.s. message rise actions recently so the u.s. will turn a tip which would have meant a bit less of it to g.d.p. in the 2nd quarter would have had a very different cost. in the attempt to finally get it under control of the u.k. reacted too late but then finally reacted the right way but then this is all coronavirus related or are there stru

it extends under water to the very edge of the continental shelf. using this theory they refused to accept the islands can have these they say any islands influence is only as far as 12 nautical miles these 2 calculation methods have triggered a cascade of claim and counterclaim early last year the energy ministers of cyprus greece egypt jordan israel and palestine all met in cairo to discuss cooperation in the setting up of the east med gas forum turkey was pointedly not invited cyprus so . it's taken steps in order to. delineate its exclusive economic zones its planning in the future when it will be feasible to export its gas through a pipeline fames pipeline that a trance or israeli. if you have guys you grace and further european union markets it's up for the contest the project is very expensive project it will be lengthy yes so undersea pipelining the word almost a 1000 kilometers is our highly symbolic act whether the pipeline would happen or not it shows that it is an agreement it shows that there is a strong cooperation between cyprus egypt

oil reserves 3 says the area where the turkish fleet is overlaps its continental shelf that's ringing in sin him who is in istanbul for is so sinema the german foreign minister has now arrived in ankara way is currently holding a news conference where this turkish counterpart what's been said so far and is there appetite in turkey to negotiate. well let me begin with your last question in turkey the turkish foreign minister said that turkey has a 5th of itself saying that turkey is ready for negotiations for may. all live based on equal shares equal rights in the eastern mediterranean because turkey has been claiming that the reason is acting alone in the region and trying to bypass the rights of the turkish cyprus and northern cyprus and turkey is committed to defend turkey its rights also foreign minister that's greece is trying to define international law according to its own interests totally out of the international norms and he repeated some of the accusations but i have to underline that fully german foreign minister hartzell must speech was harsher against circular when he spo

seabed for gas and oil reserves greece says the area where the turkish fleets ease overlaps its continental shelf. president issued a warning to greece on monday which has been followed by a shock rebuke from athens known as. the non muslim no not a lot of greece is throwing itself into a chaos that it cannot get out of as of now greece will be responsible for all negative developments that may take place in the region and it will be the only country to suffer damages it would be useful for a greek neighbors to know as we know that those who throw greece on the past of the turkish fleet will be nowhere to be seen tomorrow in the event of trouble that may emerge. but we are witnessing the attempt to implement expansionist aims against neighbors and allies we are witnessing the display of neo ottoman ideology expansion and control of the mediterranean we are witnessing the undermining of the stability of the entire region with blatant and absolutely can dimmable violations of international law even to the detriment of 2 member states of the european union greece and cyprus let's bring in c.n.

francine: wolfgang schaefer, chief financial officer of continental. later today, the latest on the pandemic from dr. anthony fauci. we will also get back to the markets. this is bloomberg. ♪ francine: economics, finance, and politics. this is "bloomberg: surveillance ." i'm francine lacqua in london. the white house and democrats hope to have a new virus relief bill by the end of the week. that's the latest from steve mnuchin. the two sides remain far apart on issues that appear to be moving closer to an agreement. any vote on a deal would likely not happen until next week. shepherdson.w, ian always great to catch up. thank you for coming on "bloomberg: surveillance." when you look at the steps we are making towards stimulus in the u.s., how important is it we get something sooner rather than could even if the amount come short of some expectations? remember, the enhanced unemployment benefits, the extra $600 week given to about 30 million people since the pandemic began, they expired july 31 so now, we are in an interim at the least for a lot of peop

we should see other continental indexes open up live.le while on this friday morning. little changed in amsterdam. part, we do see gains, even if there is little change really in the u.k.. .nna: yes travel and leisure stocks seem to be making gains. interesting timing. european equity stocks moving higher. unemployment claims numbers, i should say. we are joined by a senior strategist from bny mellon. thanks for joining us. early on, i was talking about where we go with tech stocks. he was basically saying don't be too concerned about overconcentration of gains in tech stocks. does this worry you, the reliance stateside? >> it certainly does. this notion of if it ain't broke don't fix it. i think we had the earliest indicators that the u.s. labor market is facing some stress. ultimately, it got shrugged off. guess we can say that if you look at consumer staples, discretionary sort of flap on the day. on one sector right now. that does not reflect the u.s. economy. it has to be corrected at some point. , one we do see the s&p 500 of the o

the issue of the maritime rights and the continental shelf has been one of the thorniest issue betweenfor many many decades. and there had been some talks to resolve the issues which has not provided any solution yet. and back in early 1996, there was a similar escalation in the eastern mediterranean, when two countries claimed sovereignty on small islands which are a few miles from the turkish coast. and then the two countries came on the brink of war. and back then, the us president bill clinton stepped in to resolve the issue. which, his intervention de—escalated the situation. and for many people, this is what we see recently is the most significant escalation in the region since 1996. to lebanon now, where a state of emergency has been extended after last week's deadly explosion in the capital, beirut. this is what the port in beirut looks like now, eight days after the explosion, which killed more than 200 people, injured thousands and left about a quarter of a million people homeless. many people are still not accounted for. this footage has been released by the lebanese armed f

in 2011 turkey declared its continental shelf borders maritimes on borders to the u.s. and the u.n. has published it and recently after signing a deal with libya again it was declared to the u.n. the u.n. hasn't rejected it but turkey believes that the greece is provoking a military tension in the eastern mediterranean especially backed by france and the u.a.e. u.a.e. france and turkey have been at the longer hats especially in libya recently that's why they have turkey's present our don made a call to greece saying that if you trust on who push it to to the field hinting that it's great it's france and the u.a.e. they will not be backing you afterwards so we are waiting to hear from turkish foreign minister and german foreign minister have they will come to the negotiation table thank you for their sin and go see if you live or is there in istanbul let's get the view now from greece and here is john psaropoulos in athens. we did hear the greek foreign minister open with. initial remarks in saying that right now we consider that turkey is behaving illegally in the eastern mediterran

so the odds were stacked well against him at the canoeing continental qualifier, where only the winnert going to be enough. the cook islands will take the olympic place. the tongan will have to try again later in the year. a brutal schedule meant that less than two weeks later, pita was next on australia's gold coast for tae kwon do's continental qualifier, again, only victory would do. taufatofua just needs to close this one out. and that's it. an incredible win in the end against all the odds. he's qualified for the olympics for the second time in tae kwon do. huge congratulations. securing that place for tokyo 2020. it's always the case when you go into the olympics, just the journey to actually qualify, it's what nobody sees but it's actually the hardest part. we sacrificed a lot but the good lord decided to give as a win, so a third olympics. the tokyo olympics will be delayed for a year because of coronavirus. we are facing an unprecedented challenge. in the middle of the staggering collapse of the global sporting calendar in recent weeks, the tokyo games is the last one to fall.

among others for german commercial trade but in the evidence of another power, continental power. creating the ability to invade and cross the channel. the liberal government came in in 1976. they like to see their own prism. the real time tables. the question is and robert sees a lot of this. what is your prism for this. probably a very attracted prism. i don't think there is one. it's also timing. it was certainly precious as we build it up. there were some real expectations at some point. one of the images that was often used at the time was a thunderstorm. it's very heavy. then we will all feel better and have a quick short more and have peace. what you had is a very dangerous sense. and then the series of crisis. we got through all of these we will get through them again. at first people really didn't take it seriously. the headlines are about ireland. enough peace -- enough people were prepared that it could be used through this expectation. on the other hand it's another crisis unit get them. i would say this is true with the british. i spent three years living in belgrade.

so this amazing -- so disproportionately, african-american men in new england fought in the continental army. they served and many of them could link their freedom to that service. integrated army, by the way. but of course, the american revolution had two sides. and there's plenty of evidence of enslaved people joining the british as well. one of my favorite stories i found was of a man named poppy fleet. poppy fleet belonged to a guy named thomas fleet jr., who was a printer in boston, rabid patriot. and poppy fleet's appearance in the records is -- he comes and goes in and out of the records for about a 25-year period beginning in 1774 and leading up through the 1790s. and his first appearance in the records is actually a runaway ad. thomas fleet jr., owner of a newspaper, posts an ad because poppy has run away. but he didn't run away from thomas fleet. he ran away from jail. he broke away from jail. as it turned out, many enslavers in new england, if they couldn't control their bondsmen and women, they would put them in jail. send them to jail, let the town or the state deal, the co

. >>> continental resources stock lowering the stock is down about 3%, and the ceo will join us to discussutlook for the company and the industry hexcngonberry, the new ceo, "t ehae" after this. >>> welcome back let's get to sue herera for our cnbc update. sue? >> thank you very much, kelly. here's what's happening at this hour, everyone at least ten people are dead and hundreds injured after an enormous explosion in beirut caused extensive damage. according to a lebanese security official, that blast occurred in the port area where there are warehouses with highly explosive materials. you can go to cnbc.com for more on what is a developing story. >>> there are now more than a million customers without power from the strong winds and tornadoes associated with tropical storm isaias. the storm is continuing to travel up the east coast hitting new jersey the hardest with more than 325,000 customers impacted. virginia is a close second with nearly 300,000 impacted by this storm and losing power >>> roger penske has reversed course the indy 500 will be held without spectators this month. penske

ilia: pero ¿cÓmo es posible que el plÁstico viaje de un continente a otro?e acumula en zonas especÍficas, consultamos a fabiola loza, de ocean voyages institute, sobre los llamados cinco giros ocÉanos. fabiola: es un vÓrtice formado por corrientes marinas rotativas, que giran. ilia: los giros mÁs notables son el del atlÁntico norte, del atlÁntico sur, el ocÉano Índico, el pacÍfico norte y el pacÍfico sur. fabiola: influye el viento, el movimiento de la tierra para formarlos. y naturalmente ahÍ termina la basura. [vÍtores] ilia: a este grupo de cientÍficos, pescadores y ambientalistas los une una gran pasiÓn y la que consideran la misiÓn mÁs importante de sus vidas. limpiar la basura plÁstica, producto de lo que consumimos todos los dÍas. en este viaje su objetivo es llegar al gran giro de corriente en el pacÍfico norte, entre hawÁi y california. fabiola: acÁ no hay ninguna magia. es tan simple como tenemos que ir a sacar el plÁstico que nosotros pusimos en el ocÉano. ilia: estas imÁgenes corresponden a su primer viaje, en el 2009, cuando encontraron el giro

the evening and overnight, we have still got the potential to drag some more showers across from continentale temperatures are not going to really drop very far again it is still quite muggy, quite humid air, further north the temperature is beginning to drop off a little bit as it turns a little cooler and fresher. still some cloud affecting some of those eastern coastal areas on saturday. sunny spells developing in most parts, the threat of some further thundery heavy downpours and still the risk of some localised flooding across more southern parts of england and into wales. where those temperatures again at peak 25, so not much change into saturday. for the second half of the weekend, the higher pressure keeping it drier in the north start to slip away and these weather fronts and showers will start to move away northwards perhaps into northern england, northern ireland, threatening southern parts of scotland, other areas of scotland seeing some sunshine away from the east coast. we will have some sunshine in between those downpours in england and wales, particularly in the south—east, w

is no problem about the territorial waters but turkey and greece are at odds with regard to the continental shelf an exclusive economic zone jones or a prince has more now on the greek reactions and. the sanctions according to certain leaks that have been made would include would begin from the energy sector from sanctioning individuals and ships and companies supplying those ships that are involved in the exploration but they could extent massively they could extend to e.u. states to turkey to bank loans being given by e.u. bank to turkish companies and individuals and they could extend to travel restrictions to individuals so the climate at today's informal meeting shows that europe has finally rallied behind greece and cyprus it has largely adopted preconcerted positions to put pressure on turkey to come to the table greece wants negotiations to begin on the basis of international maritime law and should they fail it wants turkey to commit or hand to arbitration at the international court at the hague while a spokesman for the un secretary general says antonio guterres has called on both

is no problem about the territorial waters but turkey and greece are at odds with regard to the continental shelf and exclusive economic zone. but germany's foreign minister says there will be diplomatic consequences for russia if it is proven the opposition leader alexei navalny was poisoned in a state initiated murder attempt. is still in a coma after this suspected the poisoning but the berlin hospital where he is recovering says his condition is improving. tens of thousands of people are gathering in washington d.c. in a renewed to try for criminal justice reform and racial equality they've called it the march on washington it happens on the 57th anniversary of martin luther king jr i have a dream speech that's the reverend al sharpton speaking at the moment the u.s. script of course by racial protests and breasts and showed ford was killed in police custody in may drawing comparisons to the anger and violence that flared after king's assassination back in 1968. it's at the march in washington. nearly 60 years after the great american civil rights leader martin luther king jr ascended t

to have a continental shelf so basically there is no problem about the territorial waters but turkey and greece are at odds with regard to the continental shelf an exclusive economic zone for instance the island that i mentioned is to claw meters to the cherokee mainland but 580 kilometers to the greek mainland and it's all a 10 square kilometers. according to athens this small island and square kilometer island must have 44000 square kilometers of exclusive economic zone continental shelf to be able to use the resources in the world and this is what turkey is they get probably we will hear more but from the turkish perspective it is understandable that the e.u. is solving solidarity with its member countries but at the end of the day these are both nato allies nato montresor and there's a legal issue which the even the un says it should be sold it's been to 2 countries but i have to say that. german chancellor is trying to play a meditation role. for instance when heikal masterman foreign minister was here in iraq during the press or he was much softer than how he was in athens so t

let's just add some additional powers to those already possessed by the continental congress under the articles of confederation. maybe we don't have to change the structure of government at all. or if we add a few powers come up maybe that really needs to be done. position.t a bad that position says, actually, we shouldn't expect the american people to be willing to go too far, we should cut them some slack. i have lived through a long and expensive war. they are trying to recover. there was significant commercial depression in the 1780's. so maybe we should cut them some slack. on the other hand if you are a rabid nationalist, say gee, why don't we start over and get rid of the states? why do we need rhode island or delaware? kind of accidental communities we just became states for really no good reason, as far as i can tell. [laughter] we also have states of different sizes. maybe we should think about the optimal size of the state? maybe try to equalize the states, that would be radical. maybe get rid of states altogether. hamilton thought about doing that. we will get to hamilton

it could link their freedom to service in the continental army. it's amazing. disproportionately, african american men in new england fought in the continental army. they could link their freedom to that service. integrated army. of course, the american revolution had two sides. there's plenty of evidence of enslaved people joining the british as well. one of my favorite stories i found was of a man named poppy fleet. he belonged to a -- tommy he was a printer and boston. rabid patriot. poppies appearance of the records -- he comes and goes in the records for a 25 year period the beginning in 1774 and leaning up through 17 90s. his first appearance is a runaway act. he pulls an ad because poppy has run away. he did not run away from thomas fleet. he ran away from jail. he broke out of jail. many enslaver's in new england, if they could not control their bonds men and women, they would put them in jail. send them to jail. let the colony deal with it. that's what happened to poppy. he broke out. he disappears in the record again. his next appearance in the record

and they could link their freedom to the service in the continental army. it's amazing. so disproportionately african-american men in new england fought. and they served and many of them could link their freedom to that service. integrated army. but of course, the american revolution had two sides. and there's plenty of evidence of enslaved people joining the british as well. one of my favorite stories i tell is of a man named poppy fleet. poppy complete belonged to a guy named thom d thomas fleet jr. wa rabid patriot. poppy fleet's appearance in the record. he comes and goes in and out of the records for 25 years. his first appearance in the record is actually a runaway ad. junior pulls an ad because poppy has run away. but he didn't run away from thomas fleet. he ran away from jail. he broke out of jail. as it turns out many enslavers in new england, if they couldn't control their bondsmen and women, they put them in jail. send them to jail, let the state or colony deal with it. and that's what happened to pompy. he broke out. we know his next appearance in the record

let's just add some additional powers to those already possessed by the continental congress under the articles of confederation. maybe we don't have to change the structure of government at all. if we had a few powers, maybe that will take care of everything that really needs to be done. that's not a bad position. we should not expect the american people to be willing to go too far. we should cut them some slack. they have lived through a long and expensive war. they are trying to recover from the war. there has been a significant depression in the mid- 1780's. maybe we should cut the american people some slack and not expect too much from them. on the other hand if you are a rabid nationalist, say gee, why don't we get rid of these states? why do we need rhode island or delaware? there is no good reason as far as i can tell. accidental communities who became states, no good reason as far as i can tell. we also have states of different sizes, maybe we should think about the optimal size of the state? instead of large and small, maybe we should equalize the states that would be radical

greece very mentally opposes this plan and to send wolf ships to protect what it says is part of its continental shelf. in this show of support for greece france on thursday took part in a joint training exercise with the greek navy of crete. there bill that's according to venice but in response to turkey's deployment of its fleet we've also deployed our own putting our armed forces on alert i'm confident that all greeks have the same absolute trust in the capabilities of our armed forces as i do when faced with provocation we maintain the strength that stems from our level headedness. turkey's president andrew on has vowed to defend ankara's interests in the region but he's also called for calm the work that is the truth to me all the parts to a solution in the eastern mediterranean is via dialogue and negotiation if we act with common sense and reason we can find a win win solution that meets everyone's interests we're not chasing any unnecessary adventures all seeking tensions. tensions though have existed between these 2 regional rivals for centuries more than 4 decades after they fought a w

alone or with the others at but there are also concerns of both that because of its operations in continental china and to trust issues at the end big tech it's getting even bigger causalities thanks for now but do stay with us you're as retailer wal-mart posted its biggest growth in online sales in the 2nd quarter as shoppers cashed in stimulus checks and stepped up purchases of electronics online sales jumped 97 percent and same store sales surged 9 percent now wal-mart hopes to continue momentum by adding a membership service which is set to compete with amazon prime. costello is back to you in new york a pandemic boost for wal-mart's business what did people on wall street make of that earnings report. it is said definitely a positive fan of wal-mart has shown it can face the amazon in dion lang retail arena in times of need but also keep its dominance in in physical retail as for now though bull the companies and investors say it concerns a moving forward comes from a consumer spending drop in stimulus checks that dimension and additional employment benefits run out that's why there is p

any evidence of another power, continental power, building the ability, creating the ability to invade across the channel and bring their army into britain was unthinkable. the liberal government came in and had all kinds of social plans. education, old age and so forth. they spent every pound on battleships. >> major events like this are in their own prison. this'll be a proximate cause of the war as timetables dealing with the movements so the question is what is your prism for this crucial period leading up to world war i? >> probably very reflective more like the kaleidoscope. i have trouble picking one main causes of war and i don't think there is one. no. the images that are very oppressive and heavy. the series of crisis if you look at them getting closer and closer together the crisis over bosnia and between 1911 to 1914 there was a dangerous sense of complacency that we've gotten through all of these. i think that you get a combination. on the other hand it's another crisis that we will get through. my wife and i just traveled and i fascinated as to the role that a plate of of