the chinese equities are trading in the green led by the csi. overall it's been trading positive for the last couple of sessions on positive hopes and

i also want to thank the sponsors who make the events at csis possible, including member support whichhas a big role to do with today's event and also a sponsor lockheed martin that helped us make it possible to do today's event and i want to thank our friends at the state department very much for -- for supporting us in being able to talk about this topic. and i think it's very timely, obviously change is a foot in the world of u.s. arm's transfers, you are seeing dramatic growth in the level of the dollar value of u.s. arm's exports and also changes in the world market, so the focus of where exports are going are shifting as demand around the world changes. we are also seeing that our arm's exports and security cooperations more generally are a major focus of the strategy both in national security strategy, the national defense strategy and no doubt related to that there's a huge leadership focus on it, it's something that we see the president of the united states personally engaging in and addressing on a regular basis, it's something that's been a focus for the secretary of defense

i cannot tell you how much i love csis. put out those scholarly paper for his and help us -- papers and help us make good decisions. thank you so much. [applause] >> i'm todd harrison. i am in charge of the security project here at csis. i have them prepared questions, but we want to hear from all of you. those inve a question, the room or online, you can go youre website and type in question. i will get it on the ipad and work it into the conversation. please go ahead and ask any questions that you may have. my first question. we will get it out of the way. a lot of talks recently. the president came out strongly in favor of it. it has been debated in congress. passed theimilar has house of representatives, but not the senate. -- glad you articulated that what do you think about a military spaceports and nasa? -- maintain that space between military space and civilian space programs? theresident eisenhower, was a time before nasa was created where a lot of leaves the department of defense was in charge of space expiration

you can see that csis is challenging the links of csis panels today to bring together the multifaceted dimension of these issues. but given the greater reliance on u.s. allies and partners heightens the importance of calibrating our approach, as you consider the different policy objectives, providing feedback opportunities to refine them, so we are achieving our desired outcomes. thank you. >> thank you. mr. abramson: thank you, and thank you so much for inviting me to be on this panel. i may be the most unhappy with the policy on the panel, so that is a role i will happily take on. there is a lot i would like to talk about. i have been taking a lot of notes, because i wanted to tailor what has been said so far. there is an issue brief to the opera of the arms control association, which lays out some of the points i will make. as mentioned, i was part of the forum on the arms trade, a network of 70 people around the world, a third of which are here in d.c., who initially responded to the transfer policy when it came out. we have a page on our website on the arms transfer initiative, wh

the chinese equities are trading in the green led by the csi. overall it's been trading positive for the last couple of sessions on positive hopes and anticipation of these talks yielding some results later this week as the two sides are discussing u.s. and beijing are meeting in washington to discuss these tariffs. generally the mood is positive stoxx 600 is trading slightly up at 0.1% in early hours of trading. let's get into the individual indices to get a picture there ftse 100 lagging down about 3 points or so. mildly below the flat line in the uk watch out for public finances coming up in about a half hour's time also michel barnier will be meeting with dominic rab later this afternoon to discuss the technical issues of brexit the ftse mib is outperforming, up about 130 points. of kou switching to sectors, leadership coming from the tech sector, up 0.4% food and beverages up about a quarter percentage point underperforming, basic resources. we were talking about bhp results that came out. we'll get into that more in the show travel and lei

, almost a csi, where was he?g a look at this, why they are persisting and pulling up more photos... why are they doing it? they are have clearly seen that his line is not holding. in the beginning he almost didn't remember the wreath, he had the line i was present but may not have been involved. they were being laid, he says they were not there, and then the photo shows in holding one. it is painful to see. the mail is probably quite enjoying this, exposing the seemingly straight talking politician, who must not managed to shut this down. now we have to get into the nitty—gritty and get lost in the weeds of, which terrorists were they, or were they actually terrorists? bitcoin change of. —— it won't change. actually terrorists? bitcoin change of. -- it won't change. why it? what for? why are they banging on about it? it confirms what we already know. the supporters of him will judge that he is still being smeared by the press, they won't even give this a second look. they will move on with their lives. the guardi

a quick thanks to my team here at kaiser and steve at csis for helping make this event happen. a particular thanks to all of you. he woo didn't expect a great turnout in august, we got a great turnout and people watching on facebook live. thank you all of you. it shows for a lot of us hiv remains an enduring important issue that we want to confront and work on in our work and personal lives. so, i'm glad that you all are here. today we have about an hour and a half to hear from our panelists and hear from you on the issues and challenges that are woo' c-- we are confronting and that are raised. each has a theme, depending on the larger aspect of the hiv response and also the world and the actual location of the conference itself. over time the conferences have been defined by and helped to define their eras. from the early years the conference was held in 1985, marked initially by a lack of information and acute need for science and early on activism, to the start of the treatment era, the vancouver conference, treatment for some. and then the pivotal conference that was a majo

this is your level on the csi 300 at the bottom.ite nicely at past two times or three times. that is a key level to watch as we look ahead to how things progress here. what is trade and happening on how that affects the chinese economy. rishaad: thank you for that. we will be talking to richard harri. he was on the programming in the bidding of february, saying the downdraft would continue and we would be in the doldrums for a few months. he is with me now. when does it all come back. i think you said october or september? >> something like that. october is the month when things go traditionally wrong. it may be turning around a bit. we are seeing china flatten out a bit. you are seeing this u.s. dollar strength that has put an enormous amount of stress on emerging markets and other markets. we have seen issues with turkey as well with this u.s. dollar strength. if the dollar does start to ease off, we have to say what is yet to come? we've had that trade tariff news, turkey. the underlying economies are not too bad, so perhaps easi

guy: we will see what happens with equity markets, the china csi down 2.9%.is all the action to the downside today, it is already softening up this morning. pricinget has a 90% around a hike today. i struggle to see how the pound is going to benefit even if the bank does deliver that hike. it depends on the forward guidance. if they give a suggestion there is another hike to come later in the air, maybe the pound gets a bit of a bounce. if they say it is one and done effectively, then the pound will stay pretty soft. thanks very much, mark randgold there, bloomberg mliv strategist. you can wind ins -- find insights from the bloomberg, yourtype in mliv on terminal. we will bring you our interview with the bank of england's governor, mark carney :00 p.m. you take time -- u.k. time. next we will bring you more of our exclusive interview with a,gen's ceo, frederick o'dea listen to what he has to say throughout the day here on bloomberg. ♪ the startnutes till of european trade. let's talk about sock 10. beating theigns of doldrums. we spoke with the chief exe

happened to be csi. a very small world. --.trade conflict always maybe trade field, is good for anybody but in the real world, there are some losers in trade. a very big change for the united states and japan is how to adjusted? -- adjust it? -- very important things. [indiscernable] very good timing. the japanese foreign minister published a blue book for the people. english is not coming yet. introduceefly try to based on the japanese version, i according -- it is a part .f -- japan promotes -- ip. betweenain the strength a free and open maritime order and the international republic in the region by assisting high-quality infrastructure based on international --. one of the promotion of a free government and local law. economic prosperity through connectivity by high-quality infrastructure. one, in response to maritime capability. [indiscernable] maintain the public. that is the idea. that is easy to explain. why'? japan realizes -- but the u.s. if the u.s. decided to leave the region, what japan can d

a mixed movement coming through in asian markets but a lot coming through from the csi 300 for a third session and that's weighing on the overall benchmark index which started the day's traded in positive territory but is slightly weaker now. a little bit of rally come through in aussie stocks despite the fall in the aussie dollar and the nikkei does holding its head above water there. let's have a look at some of the stocks we are watching. the big story is the deal and australia to create an $8 billion company. telecom shares are hired by overall telco the sector in asia is the biggest drag today. downgrades weighing on the overall sector there. we were talking to be samsonite ceo earlier and they say the chineser is impacting consumer sentiment. they're expecting a little bit of slowdown in chinese sales growth of their luggage but the shares still doing well after their results were up by 4.4%. anna: thank you, juliette saly. we've got a headline that says in tn diffuse a claim by nigeria's central bank over $8.1 billion in refunds. banks toad ordered for return more than $8 billio

check out the china csi 500. up 2.7%. onshore, hong kong stocks gaining. shaking off any concerns they may have had about the tariffs. you saw the new zealand dollar taking a hit. new zealand bonds right now sinking 10 basis points as investors by those up. you can see alumina making a big move as well. these black boxes mean we are seeing a really extreme move. more than three standard deviations away from the 90 days. big moves in the new zealand currency and aluminum prices. let's get the bloomberg first word news. saudi arabia has said it will continue to ratchet up pressure on canada for criticizing the recent arrests of women activists. that is as justin trudeau upheld his stance on human rights. the kingdom's foreign minister says the next wave of retaliatory steps could affect investment flows between the countries. >> saudi arabia has the backing of being dcc and the backing of the arab league and the organization of corporations. saudi arabia is part of an arab league and a large islamic organization and canada must understand its actions are una

have a look at the csi 300 heading into into it -- heading into its last hour of trade.ndoff small-cap stocks in china looking like they will close at their lowest level in two years, australia off by around .5 of 1%. but have a look at what is going -- happening in jen -- jgb. [inaudible] you cannfield said expect more invention from the boj, they seem to be getting to that point, the 2% ceiling is not something that will happen quickly now that the yield is 1.45 it had touched earlier. wynn resorts was lower after it's disappointing numbers and rio tinto following that downward pressure you saw in london this did shares yesterday and in the adrs, first-half profit and dividend disappointing to the market. anna: thank you. a competence of wrapper for you need to know in the equity session. reporting first-half numbers of operating profit 1.4 billion pounds. the company also says it is still on track to achieve its financial target. joining us now is aviva's ceo mark wilson. good to have you with us. give us the highlights from the first half set of earnings and why you

go next, i've been speaking to andray abrahamian from the griffith asia institute's pacific forum csist right now. i think both sides are struggling to articulate what they want in the long—term, and what steps need to come in the short term in order to keep momentum from the singapore summit. in the long—term, the us wants denuclearisation, but they're struggling to say what kind of denuclearisation, what that means exactly. and for the north koreans' part, they say they want an end to the nuclear umbrella that the us provides for south korea, but are not quite willing to say if that means an end to us troops or some kind of guarantee or mechanism. in the short—term there seems to be very little agreement on what sanctions relief means what action on the north koreans' behalf. there is a long list of things to consider and it doesn't help at all that you have got this rhetoric again from the north korean‘s, saying that the relationship is injeopardy, exemplified by the fact that mike pompeo's trip last week was cancelled. what does that signify? it probably suggests there's been very

it's not a fast process, it's not like the csi—style tv shows we see where people get identified in hoursprocess that is a very long and complicated process. the dna results have to be validated, then they have to be compared with the living family members, and that's a very complex process. even with these advanced dna technologies, it could still take months or years or some of these men to be identified. dna expertjeremy austin speaking to me earlier. you're watching newsday on the bbc. still to come on the programme: cocaine production is surging again in colombia. wejoin a police raid on a drugs lab. also on the programme: i get knocked down, but i get up again, you ain't never going to keep me down... a beer and a song. choir practice australian style down at the pub. the question was whether we want to save our people, and japanese as well, and win the war, or whether we want to take a chance on being able to win the war by killing all our young men. the invasion began at 2am. mr bush, like most other people, was clearly caught by surprise. we call for the immediate and uncondition

the csi 300 little changed. it could be set for a rise after falling 6% last week. topsy-turvy and volatility picking up a stocks head for the worst year since 2011. foreign inflows remain robust. northbound flow quotas hit a june high. data, the hang seng now to the downside after a four-day advance. we're keeping a night on chinese developers after a profit surge for agile. using the bloomberg property index higher after jumping thursday. offshore yuan at 6.83 against the dollar after some stabilization following the longest stretch of losses since 1994. rishaad: thank you very much indeed. the reserve bank of australia with the latest statement on their last meeting. a quick look at what they have. they are seeing the risk of the fed raising rates faster than anticipated and looking at a strong case to adjust the cash rate in the near term. hence on higher interest rate appropriate at some point. this is in their statement on monetary policy. the outlook remains positive despite trade tensions and have lifted their average gdp leaving cpi jobs forecast little cha

korea might go next, i'm joined by andray abrahamian from the griffith asia institute's pacific forum csiscome to the programme. oh will talk to you in a little bit about your impressions on north korea. —— i will. how would you describe relations between the us and north korea since the singapore summit in june this year? they are at a difficult moment right now. i think both sides are struggling to articulate what they wa nt struggling to articulate what they want in the long—term and what steps need to come in the short term in order to keep momentum from the singapore summit. in the long—term, the us wants denuclearisation but they are struggling to say what kind of denuclearisation, what that means exactly. for the north korean ‘s part, they say they want an end to the nuclear umbrella that the us provides for south korea, but are not saying whether it means an end to us troops or some kind of mechanical mechanism. in the short term there seems to be very little agreement on what sanctions relief is worth what action on the north korean half. there is a long list of things to consider

are you encourage, have we seen already the low for shanghai and csi related equities? john: right. the policy support is definitely going tocome. i think the longer-term pull of deleveraging the financial system and ridding itself of the problems in shadow banking, that will exist as a long-term goal, but i think in the short-term, just kind of offsetting the trade tensions as well as the other short-term economic woes, the government does have a lot of leverage they can pull. we have seen some of that in terms of the monetary policy with triple r ratio having been cut. i think there is a lot of, a lot more room they can cut it. more of it will come from the fiscal policy, perhaps alone the regional and local governments to spend more an issue more bonds to stimulate the economy. haidi: john, thank you so much. appreciate your time. on conversation on tencent. and alibaba, had serious applications for new companies in the tech space in china. our asia tech reporter joins us. you went through two dozen -- companies backed by tencent and alibaba over the last two years. what are the

we are pleased to continue this very long partnership with csis. thank you to steve. after the toronto aids conference in 2006, steve and i felt like it would be important to bring the d.c. community together to discuss what happened at the conference and what implications were for u.s. policy. at the time, there were a lot of challenging issues and there still are today. we know not everyone can make the conference, especially when it is not here. we thought it would be an opportunity to provide some reflections. for those of us at the conference and anyone who has attended, you know when you are there it is very hard to really make sense of it all until afterwards. we had a great turnout. it shows a lot of us, hiv remains an important issue that we want to confront and work on in our work and personal lives. i am glad you all are here. today we have about an hour and a half to hear from our panelists and hear from you on these reflections and on the issues and on the challenges that we are confronting and were raised. each of the international aids conferences has h

its money from the people's public and boeing because of the cash flow the ubs evidence slab, like csi, notes the people are underestimating boeing's revenue stream and fixation for making a lot more money this call would have been ignored entirely except today we had visions of chinese capitulations dancing in your head if boeing goes higher you buy honeywell, caterpillar and others and the chance of an apple boycott, hence why that stock was an all day rally and the big stocks off turkey but the turkey burger gave these stocks a chance to rebound. keep track of the stock of goldman sachs here we seem to have forgotten already warren buffet bought a ton of shares. he's not a flipper, an owner and american express rally let's return to where we started, the largest retailer in the world, walmart, time and time again a good number and the stock flies up and then we discover there was one time gain, good health or family on the conference call. you rarely see the stock going up and going higher the more we found out and that's what happened on the stock of walmart. wasn't just that walma

fox news has a crew there where we've seen a csi car recently leave the area. we cannot confirm if this is where her body was found but seems related to the discovery of her body. we cannot confirmed the nature of molly's death, this area does not come as a surprise to us. it's close to the farmer's house that we saw questioned by the fbi three times. the farmer tells fox news that he took a polygraph and so far he remains a free man. no suspects named publicly. we're not aware of any arrests. but right now, investigators are back out in that rural area where we were many times. we've wondered why investigators returned to the area. maybe her phone or fit bit pinged in the area. rob tibbets just returned to california a few days ago after being on the ground here a full month. he did many interviews with us. he did as many interviews as possible because he wanted his daughter's name to remain on people's mind. he and molly's boyfriend went to the iowa state fair looking for information. the father just returned to california. now you can imagine he's on his way

the shanghai composite and csi trading lower. tencent having an impact on the hong kong market japanese stocks, too, going with the broader trend across the asian markets. down in the trading session. >> thank you very much for that. the turkish banking watchdog announced banks for ex swaps will be limited to 25% of equity the lira is firming versus the u.s. currency. 5.3%, 5.4% higher in session and we're seeing higher interest rates into deeper auctions is the government doing what the international community is asking or are they still wanting? >> i got off the phone of one local economist, she said the idea of raising formal interest rates, increasing that benchmark rate, seeing it formally raised would be the final gun used in the arsenal. she said the latest measure is just the latest effort to try and meet expectations of foreign investors and also help out turkish corporates and turkish banks. in terms of what ma ththat mease means, it will either force banks to charge more for deposits or call back some loans to meet exp

on this , your work will be a really important foundation for it, and i am very great for you and csis for your leadership. i apologize to the deputy majority leader for going on so far. senator: no apology required, but thank you, mr. chairman, for holding this hearing. let me see if i can sort of play out what i think i understand about this and get you to or supplement it where you will. when it comes to national security perspective, we are up against nation-states that use this technology for information warfare to destabilize our institutions like our elections, to steal information like they c server hack, released emails in the midst of an election through wikileaks. we are an open society, and most of the activity we are talking about a curse not in the government possible hands -- government's hands, but in the private sector's hands, and my perception is the government is lousy at protecting the information or maintaining the current cutting edge of technology that the private sector must employ, because otherwise, you have liability concerns among others, not to mention exi

he has been in the think tank world at csis. he has been in the state department as the head of the advisory commission on public diplomacy, where he published highly detailed reviews and assessments of american public diplomacy, and one of the best unclassified works on bots and other digital tools used to penetrate u.s. institutions with the somewhat cheeky title, "can public diplomacy survive the internet?" a few weeks ago, he made another change, now on the broadcasting board of governors as senior advisor. we will hear more about that from shawn powers. the floor is yours. [applause] shawn: thank you for the kind introduction. that was really gracious. great to see many friendly faces in the audience, new faces as well. thanks for coming. when adam asked me to speak, he did not give me a topic, which is my favorite kind of speaking invitation. so i thought i would talk about a couple issues that are of interest to folks, but not the most coherent of talks. i will reflect about my time at the advisory commission on public di

remember, the coronor, and the csi officer, said at the time that the scene screamed suicide.cution witness -- >> my name is jonathyn w. priest. >> reporter: priest is a former homicide detective and forensic consultant who used a miniature model of the fallis bedroom to show ashley's position. >> she has to be here and then bent down so that she'll fit into this trajectory area. >> reporter: he was convinced that if ashley shot herself, there would be more blood on the floor and surrounding surfaces. not just this one carpet stain. >> we have indications of, of, of bleeding, but the type of injury that we're talking about is going to bleed a lot, and that's not the kind of stain i would expect to see if that's what was occurring. something is keeping that blood from reaching that area. >> reporter: and he believed that 'something' was tom fallis. remember, his clothing was drenched with blood. and so priest concluded tom and ashley must have been in close contact when the gun went off. using the prosecutor, he suggested there was a struggle when the shot was fired. >> i can k

is a handicap for you guys, when you've got to tell this story to a jury that really wants to hear csi> they want dna on everything. >> prosecutors started by calling a string of the other women in david's life. women who shared with the jury stories of a lustful, cheating spouse, with little regard for his wife. stories of a three-way kiss at the bar. >> and who did it involve? >> me and katie and dave. >> you were kissing katie. >> uh-huh. >> katie was kissing you. >> yes? >> all three at the same time. >> stories of a one-night stand. >> and what happened at your place? >> we had sex. >> and is that the only time that had happened? >> yes. >> and of a romance that started while david and nici were engaged. >> i asked him why he was getting married, and he said that at that point it was too late to back out of it. >> the romance lasted on and off for two years. >> what did he tell you about how he felt about you? >> he told me he cared about me. >> dave pietz's lifestyle became the trial here. >> it did. because it showed he was dissatisfied with her. >> dissatisfied with nici, and p

--y are having a difficult the china csi is down 1.5% and continues to fall as we head towards the close. you're looking at a chinese offshore trading softer this morning. you've got an on short trading softer. the dollar is big this morning. the japanese story continues to be one we focus on. as we enter this new world of slightly wider trading bands for the japanese five-year, 10 year, two year, 30 year, and as a result of which, when we start to get more volatility margin calls, this market is making up. corporate's trading up. gold is trading softer. those are the markets. let's talk about vw. we are getting now headlines from volkswagen and the new ceo, known as a cost beating streets estimates with operating profit as well as profit after taxes, beating the year ahead -- the year ago figure. ,he operating profit figure 5.58 billion euros. the market was looking for -- the street was looking for 4.9 7 billion. also volkswagen said it had after-tax profit of 3.3 one billion euros, that compares to 3.10 billion euros a year ago. better than the streets estimate. are missinger sales th

ne likelihood of turning the oversight committee into csi in congress is dependent how well democrats the republicans being afraid because they know they will lose some of seats. if democrats are smart they're not talking to investigations right now, out talking to people new yorking door-to-door. if they -- people knocking door-to-door. >> go ahead, donna. >> amen. you're absolutely right. what the american people want to hear from democrats and i'm sure others, how will you help us? what will you do to improve our lives, raise our wages? they don't want to get involved in this washington fishbowl, drain the swamp culture of corruption. they want to hear about pocketbook issues. at the same time, it is the responsibility of congress to provide oversight to this administration who seem not to care. the president today finally lowered the flag again in honor of a patriotic american who served his country. this is an important function of congress. democrats need to understand that. 2007, everyone thought the democrats would come back into office and start impeaching bush administration

the csi 300 is trading up, as well. mixed markets out of asia. the aussie story is interesting, the political story down under moving things down -- around. the aussie dollar strengthening around .4%. the euro is bid against the dollar. the bloomberg dollar index is trading down by .2%. in commodities, it has been an interesting week for oil. ti, .7% of the good. the index up .3%. let's get a first word news update with juliette saly. in australia, the treasurer scott morrison will be sworn in as the prime minister later today after ruling liberal yours voted to oust malcolm turnbull. he said he will consider appointments to his cabinet over the weekend. that as the government attempts to boost its flagging poll numbers ahead of an election due by may. u.s.-china negotiations have wrapped up with no major progress, setting this age for -- the stage for further escalation of the trade war. the conclusion of the talks came hours after both parties ruled out their latest tit-for-tat tariffs. bloomberg understands no further meetings have been schedu

let's show you the commodities space and you'll see china, the csi down around .6%. asia, mixed. copper is softer this morning. the bloomberg commodity index down .2%. the attention to the mining stocks in the european open. let's get a first word update with juliette saly. juliette: the u.k. and european union are said to have dropped their october deadline for a bread to deal. while both sides publicly say they want an agreement wrapped up in the next seven weeks, bloomberg understands behind the scene, senior officials admit it is unlikely. sources tell us they aim to define the terms of the divorce by november the latest. anald trump has issued warning to social media companies after he accused google of rigging search results to often negative news about him. his reelection campaign texted his tweets to supporters, part of a fundraising push that says "the fake news machine is out of control." commented after fox news said the site favored liberal outlets. he offered no substantiation. >> they are treading on troubled territory. it is not fair to large portions of the popula

guy: you can see it with the asian equity sessions, china in particular, csi 300 trading very stronglyup 2.28% as the chinese authorities back away for the work -- further from the idea of consumption-based footing. this is part of the story. they are struggling with it. it's a further stabilization factor for the currency. we're going to talk about correlations. go to the correlation finder on your bloomberg and you will see the relationship with chinese equities, maybe not as clear as you would have thought. the euro is trading down. you will see a light volume story from the foreign exchange point of view. london is one of the world's big hugs when it comes to foreign exchange. money traders will not be at their desks today. you could see movement. one of the things you learn if you look at the correlation finder is that the story surrounding gold is negative. chinese currency goes up. bloomberg commodity index is down .2%. gold is fairly flat. we talk about that. let's catch up with everything we to know with bloomberg first word news with juliette saly. juliette: germany's chancel

china csi down as we speak. arrival of thehe tencent numbers. they are expected after 9:00 a.m. london time this morning. the options market, pricing in some significant volatility around that release. pay attention for tech for a number of reasons. had a decente s&p session yesterday. the indonesian market the focus of emerging markets, but turkey is having a quieter day today. let's move this off and i want to show you the copper market. -- will avoid a strike. that is one factor in the mix dropping -- driving copper lower. there is an economic data factor coming through. but is the shanghai trade, if you look at the metrics, we have moved below key levels. 6000 is a key benchmark. pressure this morning. let's get a first word news update with juliette saly. the turkish lira is looking for direction today after rebounding more than 8% against the u.s. dollar yesterday, as investors digest measures announced by the central bank aimed at stemming around in the currency. the country's official gazette has published a list of goods on which additional duties will be imposed. it co

the csi 300 up 2.4%. look at turkey when it starts trading in 28 minutes time. we saw a big drop in turkey stocks yesterday as that diplomatic rank or with the u.s. continues. afterra rebounding today slumping to a record low yesterday. i'm going to show you a chart later that shows the distinction or shows the correlation between turkey and emerging-market currencies is breaking down. something to look forward to a little bit later. you've got sovereign bond yields. a big move up yesterday. commodities and -- let's get a bloomberg first word news. the trump administration has restored some sanctions on iran and reaffirmed plans to impose tougher penalties on the country's oil sales in november. the measures restrict purchases of dollar banknotes by toronto, oftehran, and ban imports persian pistachios to the united states. sanctions atns and the same time is meaningless. if someone stands in front of his rival and pushes a knife against their arm and seeks talks, the responses he should first put the knife in his pocket and use logic. juliette: the turkish lira

the csi up. the nikkei former by 1%. even as we see the yen stronger against the dollar.t is based on what you saw on wall street on friday. those record highs coming through from the s&p 500 and of course that calm coming through from fed chair jerome powell's comments. i just want to show you china's seemingly insatiable thirst for crude. we have been focusing of course on sign a text numbers. been risinghina has substantially. this chart shows us despite the move you are seeing in the crude prices, china's demand for crude imports continues to rise. all the way back to 2004. despite fluctuation in volatility in the oil price, you still seeing strong demand there. soally it is the end of eid, traders going back to work in turkey. could we see a rally in e.m. assets start to unwind? investable the most since 2016, and not only do you have turkish traders returning to work, but you have concerns bubbling underneath. anxiety over elections in brazil and that deterioration in relations between south africa and the u.s. as well. watch that move we had seen a little bit of up

a drop in china, the csi 300 down one and one third percent, accelerating into the close, and singapore. commodities and rates, because sometimes you can glean more from rates than other equity markets. in the sovereign bonds, you can see china's yields are falling. investors are buying the two-year. investors are buying filipino cho-year, the check -- cze two year carried -- year. they are very strong moves in fixed-income right now. let's get the first word news with juliette saly in singapore. the u.s. has said it will begin imposing 25% duties $16 billion of chinese imports in two weeks time. from august 23, u.s. customs on 260 products lines. timell be the second washington slaps duties on chinese goods in the past month, despite complaints by american companies that such moves will raise business costs and eventually consumer prices. exports haveina's grown faster than expected while domestic andd as international demand continued to rise despite the uncertainty of trade relations with the u.s. in july ine 12.2% dollar terms from a year earlier while imports climbed 27 point 3%, l

the csi 300 in positive territory.e working -- weakness in the em's create having a look at some of the other focuses of the session, tencent the big one after it came through with its first profit drop in a decade. we have been watching this big move coming through in the offshore as well, we have seen the kid -- liquidity very tight end playing it forward to the european session, we saw this coming through in basic resources yesterday down of her percent. we have seen that rally coming back through, not a rally but a rebound and copper so it does look that miners should have better session in europe today. you.: thank we are getting a little bit of breaking news. we will come back to that in just a moment. it is one of those headlines that takes your eye and then you move on but the lira is never far from our minds nor the markets and trade and the standoff between china and the u.s. are finally coming to a close. low-level talks between the world's two largest economies set to take place a little bit later this mont

the csi recently flat, down by .6%. the s&p pretty flat yesterday, to be honest.europe, in some ways, you could argue there will be more of a political reaction to the trump stuff if the u.s. economy wasn't doing what it is. that is a factor. european futures, mildly negative this morning. let's look at where we are with the open. we are expecting a negative open, and that is what london is delivering from the get-go. we don't expect down much, close to .5%. keep an eye on the auto sector, the chip sector. the miners could be interesting, as well. some movement in metals overnight but there you go. ae london market taking little lower. the political movement in the united states in the past 24 hours is worth paying attention to. it may become a more dominant theme if we get more traction with u.s. futures through the morning. start to get a real idea of how the u.s. investors feel about this. will the shorts try to take control of the markets on such a pivotal day? considering the length of the bull run, will we make history? european markets, opening down .3%. no

little embarrassed t it would likew to just say to m lewis how much we all appreciate the work that csis has done in this space for a long time. if we can hit a a comprehensive legislative effort going on this, your work will be really important foundation for it and i'm very grateful to you and csis for your leadership, and i apologize to the deputy majority leader for having gone over so far. >> well, no apology required, butin thank you, mr. chairman, r holding this hearing. let me see, dr. lewis, and mr. fanning, me see if i can lay out what i think i understand about this and get you to correct me or supplement it where you will. when it comes to national security perspectives, we are up against nationstates that use this technology for information warfare to destabilize our institutions like ourma electio, to steal information like they did in the dnc server hack, midst of-mails in the an election through wikileaks. we, on the other hand, are an open society and most of the activity we are talking about a curse not in the governments hands but in the private sectors hands. and my p

happened to be at csi after i joined. a very small world. economic theory -- rade is good for anybody, but in the real world, there are losers in some trade. now we are tackling on that. needed.ally points? the important that's in the indo pacific region. other administrations, clearly showing involvement in the indo pacific, and very good timing. the japanese foreign minister published a blue book for diplomacy, and the blue book -- i justt japan's referred based on the japanese version. three in the indo pacific area. the indo pacific area is facing a barrier straight -- barrier strip. strength of ae area based on the blue book law. --is based on international and actual policy. the promotion of freedom of navigation, and the second, economic disparity through .onnectivity and infrastructure lawa third one, maritime enforcement and capability. countermeasureof over china. but abe is not i think of, that is the basic idea. that is easy to extend. why, because japan realized no what can japan do? it very limited. why they are so frustrated t

today, we are seeing the csi 300 markets ared many out of action today in asia, including here for ingapore, for a public holiday. we are getting earnings from aac tech. which has been falling quite significantly shell may in hong kong, we are watching the stock up by about 2%, but it has fallen about 20% from its ipo price. this company has confirmed talks with a merger with vodafone, in an exploratory stage at this point. this bank is the biggest. loser in the index, falling the theloane 2003 as scandal deepens. the 2018 decline is now at 75%. anna? anna: juliette, thank you. thank you very much, for the update on the markets. ,'s terrible day yesterday afternoon. his personal lawyer implicated him in a crime at almost the same moment that his former campaign chairman became a convicted felon. bloomberg's chief white house correspondent kevin cirilli had this report. >> president trump. former campaign chairman found guilty on fraud. and michael cohen, his former personal attorney and longtime fixer, pleading guilty to providing hush money to women who had alleged extramarital affai

sector and kind of business case, there are a number of other institutions here represented, like csis doing a report, taking a look at other sectors and how you can leverage diversity in terms of your institutional management and foreign policy in particular. we will have to park that one, unfortunately. i do want to get a test for our last question. side, beforeon the we conclude our conversation today. please. >> hi. persuadinged both people why diversity matters, you mentioned in the report. is their research that talks about the value and importance of women being at the negotiating table? i'm curious what research exists about having more diverse teams leads to better policy outcomes? stefanie: i don't know offhand. that is a good question. is that the last question? good question. [laughter] stefanie: i will have to get back to you on that. alex: i think that question serves as a mandate for what is needed next. some of the research being done, particularly in women, peace, mandate some of there measures from how certain conflict resolution policies lead to more durable outcomes

s here inellow at csi washington. he previously served as a senior fellow and director of foreign security policy at the tokyo mitsui global the strategic studies institute in tokyo. so it really is a blue-ribbon panel we have. have nabe go first, because many folks outside tokyo may not have heard him. he is going to give us the few from tokyo on many issues. and then the others will not only be commentators, but panelists expressing their own views. thank you, bruce. i appreciate the introduction. one correction, i don't have a title for the japan reconstruction. that is one correction. bruce: maybe after today, you will. >> i am very happy to be back in washington dc. from 1995 until 2005. i keep coming back to washington times i came back this year, so i may come back in november. this is my second hometown. i appreciate the heritage for always giving me the opportunity to discuss these positions, especially bruce. this time i contacted bruce and said, what is going on with u.s. policy in north korea, share your i