so if it is pouring smoke out the back you can call them vintage curran will be fine? you would think that people would be encouraged and renew their cars to think that it will be cheaper in the long run. is, even then, car dealerships are struggling,...m long run. is, even then, car dealerships are struggling,... it is boom that people are used to co nsta ntly boom that people are used to constantly changing their car every few years. is never used to happen before. what next, revolutionary guard or yoghurt? let's save yoghurt for desert. the revolutionary guards here, looking at the powers of the iranian president and the fact he is i'iow iranian president and the fact he is now taking on some of the bastions of the revolutionary guard which employs1.5 of the revolutionary guard which employs 1.5 million people in a complex structure of companies. he wants to address this, break it up and this illustrates that in the economy we must have free competition. this is not what you would expect from iran. it is similarto china, would expect from iran. it is similar to chin

best solutions and best ways of dressing those challenges so we can stop losing american lives. >> curran, weigh in where you'd like, also address the idea that this is a lie. >> it is not a lie. but this whole situation has gotten completely out of control. but what i'm interested in seeing is what's going to happen in the future in the coming months. the announcement came out about the nba, you know, saying that players have to stand for the anthem. a lot of people got excited about that and riled up. that rule isn't new. it's been there for a while, but with everything that's been going on, it just came back up more recently. but i'm waiting to see what's going to happen when the nba season rolls around and if someone actually does kneel during the anthem. but just staying focused on the nfl, to see what's going to happen in the coming weeks. because as we saw from the san francisco 49ers just a couple minutes ago, a ton of them kneeled, and i think it was the biggest number yet that we've seen so far. >> the san francisco 49ers and staff releasing a statement, in fact, at the end of i

of newief dan curran hampshire runs a program, safe station, which allows drug dependent residents to seek help at fire stations at any time. swofford ofindy dayton, ohio have provided a loving stable home to children affected by the opioid crisis. i am calling on every american to join the ranks of guardian angels like chief nunan and the swofford's who help lift up the people of our great nation. together, we will care for our citizens, our children and our orphans. you know what i am going to say, our foster youth. so many, so many, but we are going to lift them up and take care of them. we will work to strengthen vulnerable families and communities and we will help to build and grow a stronger, healthier and drug-free society. together, we will face this challenge as a national family with conviction, with unity and with a commitment to love and support our neighbors in times of dire need. working together, we will defeat this opioid epidemic. it will be defeated. we will free our nation from the terrible affliction of drug abuse and yes, we will overcome addiction in america. we

>> meteorologist ed curran o of of chicago station wbbm. thanks, ed. >>> harvey swinestein was front and center at a women's activist meeting in detroit. rose mcgowan spoke publicly for the first time since accusing harvey weinstein of rape. >> she was one of the first prominent actresses to speak out following the explosive "new york times" expose on weinstein's behavior. here'sed a ya na diaz. >> i have been silenced for 20 years. i have been slutut shamed. you know what? i'm just like you. >> reporter: actress rose mcgowan opened at a women's convention in detroit. the convex grew out of the im's march on washington in january. org nietzers say they're bolstered by the wave of women stepping forward since "the new york times" reported over three weeks ago that harvey weinstein routinely assaulted women, including mcgowan. in 1997 weinstein reportedly paid mcgowan $100,000 for a settlement for an incident in a hotel room. weinstein denies any allegations. >> they had their foot on our throats for a very long time. it's time to return the

betty: they do so much enda curran there. get a roundup of that story, many more you need to get your day going in this edition of "number daybreak -- bloomberg daybreak. you can customize your settings so you only get the news on the industries and assets that you care about. this is bloomberg. ♪ haidi: i'm haidi lun. betty: and i'm betty liu. still wanting to merge sprint and t-mobile although it failed to win the approval of u.s. regulators years ago. the companies are said to be on the verge of announcing a deal. ceo says it was always's plan to buy the two as a set. >> let me ask you about another company which may be hasn't worked out so well yet, mobile telephone companies at&t, verizon, you bought sprint and then there is another one, t-mobile. you owned sprint for a number of years and i think i your own valuation it is probably worth less than when you bought it, some people might say, now you're trying to buy t-mobile and merge the two, that will that be a good weight to -- a good way to make your investment work?

the main ailments we see our acute respiratory infections, and curran pneumonia, bronchiolitis, pneumoniashed and when they get chest infections like this, they get chest infections like this, they find it very difficult fight off the infection. you have covered a lot of emergencies in your time, this must be one of the worst. a lot of emergencies in your time, this must be one of the worstm has one of the worst i have been involved with, completely. it is shocking. i must admit, iwas involved with, completely. it is shocking. i must admit, i was very moved by this when i first came. my first day, four people and that's like very shocking to be, even though i am a hardened old. it was difficult for me. and this is a crisis that has been going on in such a long time. just a couple of days ago we sought 10,000, 15,004 over the border. you will get more and more people here with their children. and we are trying our best to upgrade our facilities and our health posts to provide services to these people. we have gone from a tea m these people. we have gone from a team of seven to a team of 40

enda curran, thank you very much as always. let's get first word news.says five members of china's politburo standing committee may change when the congress ends this week. the new lineup for the committee will be revealed wednesday. only president shenzhen ping and the premier will be staying on. the post said the chief banking regulator may be named the next pboc governor. anz bank is settling its case over alleged interest rate rigging. the prosecutor alleged traders sought to manipulate the swap rate between 2010-2012. lawyers are scheduled to meet monday morning, but has been adjourned for 48 hours. catalonia separatist theaters says spain's control is reminiscent of the franco dictatorship. the leader has until monday to make his position on independence clear. the spanish authorities are expected to remove him from office. ardern supports free trade and tpp. she won power three months after taking control of her party. rex tillerson is calling on european allies to support new u.s. sanctions on iran, saying countries doing business with tehran do

enda curran there. why the ecb might be looking at a short-term taper. wi-fi do has disappointed. -- fido has disappointed. more on that next. ♪ ♪ asia, this is daybreak i'm betty liu in new york. yvonne: i'm devonte man in hong kong. man in hong kong. is as long as the inflation out what improves. sincero falls the lowest july. let's look at the reaction now. michael, welcome. you have to give it to mario to execute this taper without the tantrum and manipulating markets. was it to dovish coming from draghi? ecb pretty much hit the nail on the head in terms of expectations around qe, the 30 billion per month. it is a survey of clients. it shows it is pretty much what they consensus was. it was much more dovish and there was more unity than expected and they are happy for the economy to run hot in order to help stoke up inflation. yvonne: kept saying it doesn't suddenly stop although the other scoop said they could be stopping next year. what does that mean for raising rates? some say they might not be able to do that until 2020. would he allow that? it'

. >> meteorologist ed curran of our chicago station. >>> the harvey weinstein scandal was front and centerfriday's convention of women activists in detroit. at the event act rose rose mcgowan spoke for the first time since accusing harvey weinstein of the rape. >> of more than au50 alleged victims she was one of the first to speak out following "the new york times" expose on the behavior. >> i have been silenced for 20 years. i have been shlut shamed and i' just like you. >> rose mcgowan addressing the women's convention in detroit, a scarlet letters is theres. it is not ours. >> the convention grew out of the women's march on washington in january. [ chanting ] >> organizers are bolstered by the wave of women stepping forward since "the new york times" reported over three weeks ago that harvey weinstein routinely assaulted women including mcgowan. >> it will not stand. >> in 1997, wine steeb reportedly paid her $100,000 in a settlement for an incident in a hotel room. weinstein den cys all accusations of nonconsensual sex. >> it is time to return the favor. >> she appeared on a panel dedi

enda curran is with me. this clampdown on credit could be systemic? a vision for the world economy and china's place in it. it stirred debate to achieve that, china has to get its domestic house in order. one of the problems is debt. reach 320% byld 2021. obvious areas are the housing sector and inefficient state-owned companies. the housing market is critical. it is a multiplier for economic growth, but they have to avoid the crash we have seen in japan. that is a critical near-term task. they have to get used to pulling away the drift for politically connected state-owned companies and the ramifications the go with that. they are not there yet. it is a gradual process of allowing defaults. it is a medicine they will have to swallow. it is a long road ahead by all accounts. if deleveraging happens and there is the appetite to follow through and it works, how would it be felt? >> it would be felt the mystically. there are two ways. done right, you could have a hard landing in the property sector and disruption in state-owned companies. will resulterly

joining us are tom mackenzie and enda curran. just run us through the highlights of what was a speech that lasted i believe over three hours. was a marathon speech, went well over what we expected, and he tried to crystallize a vision for the next five years of his leadership. this is a president who is the most powerful leader in china for generations. some of the highlights, he wants to see greater ported -- policy coordination and stepped up reforms around the exchange rate and interest rates. he called out real estate and property speculators. some areas that got less attention, deleveraging did not make a big play despite concerns from economists and his pboc governor about that levels. the capital market reforms, that did not get much of a play either. he very subtly dropped a pledge made previously in 2012 to double per capita income by 2020, something that has implications potentially for the gdp target. this was a vision formed around a strengthening role for party.nt xi and the reforms are likely to happen over the next

current --is at the enda curran.hat could be a global business scandal and play into companies you may not have thought of. enda: it is very damaging for japan and the japanese industrial sector. they are the bloodline of their economy. it comes on the back of other scandals such as takata airbags. if this were spread overseas. kobe supplies some of the against automakers. it will severely backlash on to japan caroline: integrity -- japan's integrity. outthan: important to point it is not clear if any of the companies have received materials relinked -- linked to the sulfide -- falsified data. general motors is part of their revenue. toyota is for percentage points part of this could found their way into many cars people are driving and into some planes people have been flying on. enda: we don't know yet, but it will certainly damage --one of japan's biggest exporting competitors is they don't have the same corporate governance. it is certainly damaging for japan. alix: we had a great gadfly peace talking about this