right now, that's the most important task on cyprus.e're looking for the mothers, fathers, brothers, sisters, uncles -- for everyone. we don't bring joy to people, but we do bring closure. and closure provides an opportunity for a new beginning, which can lead us to peace. reporter: the laboratory of the committee on missing persons. 34-year-old erdinc usta works as an archeologist, laying out the bones to be photographed. in this job, you can't have any qualms about working with the dead. but even after ten years, usta says the stories still affect him. erdinc: once, we found a skeleton that still had a ring on one finger. when i examined it, i found it had an engagement date engraved on it. and it was the very same day i got engaged myself. this skeleton was that of a young person, and that really got to me. reporter: the ioannou family lives in the southern part of the island. eleftherios ioannou's remains were found in november, 2016. his brothers and sister had waited 42 years for the news. in 1974, andros and lenia were teenagers.

secretary general antonio guterres has joined high-level talks on the divided island of cyprus. sticking point -- turkey has rejected calls by greece and greek cypriots remove its troops from the northern side of the island if cyprus is rina five. yet --is reunified. global news 24 hours a day powered by more than 2600 journalists and analysts in over 120 countries. i am courtney donohoe. this is bloomberg. vonnie: courtney, thanks. once again, we are waiting statement from u.s. president donald trump following his meeting with south korean president. this is bloomberg. ♪ vonnie: you are watching "bloomberg markets." awaiting a statement from president donald trump following his meeting with south korea's president, moon jae-in. we will bring you mr. trump's comments life. mark: we will, but we will turn away the game of football. football transfers open at midnight london time. they will have two months to attract the best players. it is one of europe's smallest economies and lesser-known the second profit most. cashgal has been able to in on homegrown talent the last few years

it will concentrate on the table issue of how security will be overseen if and when cyprus is reunifieda federation. global news 24 hours a day powered by more than 2700 journalists and analysts in 120 countries, i am mark crumpton. this is bloomberg. anna: let's get back to the breaking news. the senate providing a text of that revised health care bill. let's head to kevin cirilli. he is with us on capitol hill. kevin, good to have you on the program. what is the biggest difference between what we heard before the weekend and what weaker now? kevin: the biggest difference from this piece of legislation put out by senate majority leader mitch mcconnell's office literally just minutes ago is that it is going to incentivize and encourage americans to keep health care insurance. you will remember that the original proposal scrapped the obamacare individual mandate. all eyes are heading to the conservative senators, like rand paul and ron johnson, who oppose this piece of legislation. they say it's not conservative enough. then you have moderate senators like jean heller, the latter who is

slow inress has been high-level talks to reunify the ethnically dive i -- ethnically island of cyprus. there are many outstanding issues to be resolved. just but all participants have declared they are here to find a solution. -- >> all for just been subsequent they are here to find a solution. acknowledge the responsibility they share for a successful outcome. the participants to heed the call for peace on the island this week. mark: cyprus was split in 19 some before when turkey invaded, oflowing a coup i supporters a union with greece. turkey and has station 45,000 troops in the north. friendship presidential candidate marine le pen has been charged with misappropriation of funds. the national front leader and other party leaders are charged misappropriating funds from the european union. the charges.nied in pressure has increased for more accountability in the disaster that killed at least 80 all in the london fire. nicholas paget brown was criticized for walking out of the meeting on the place because present.ts were he admitted that things have dealing with the aftermath of the

plan with its funds and technical assistance, vast areas of italy, whole islands like sardinia and cyprusecame battlegrounds in the fight against the malaria mosquito. fedora health teams went out to , battle. for thousands, such undertaking often meant the difference between life and death. a new hope for europe was red in the eyes of children. -- read in the eyes of children. but it was mere sentimentality. revolution first. the marshall plan is but a scheme to gain control of europe. so down with the marshall plan. down with the marshall plan. strikes, unrest, and even sabotage. alarm down with the marshall plan. byt tracking statesmen of western , europe came to develop common defense. only a handful of nations signed the brussels treaty, but in terms of european unity, it was a historic step. and the continent owes much to the foresight of the the treaty five. brought tried and tested warriors to france to make the first tentative plans for meeting force with force. there was little military strength in which to do it. the next hotspot, the city of berlin, occupied by a french, briti

has learned a lesson in cyprus.y're not going to accept countries that have problems with their borders. so we need to do this. >> kosovan nationalists are up in arms. for months there have been violent demonstrations and street fighting outside the government building. even 20 years after the balkan wars, borders are an incendiary issue for kosovans. the political opposition is trying to exploit that. mr. tahiri: playing with land and playing tempers is like when you play with matches. easily you can burn your fingers. this is no game here. there is a need to set, to revoke this -- this agreement, to start new process. >> we travel to montenegro on the other side of the rugova mountains. at the interior ministry, we can see the border treaty. revisions are out of the question. mr. paunovic: the matter was done and dusted when the treaty was signed. in article 12, the foreign and interior ministers of both countries explicitly state that the treaty has been concluded in mutual accord. the treaty is a done deal. >> b

rejecteddent of cyprus a u.n.upposed to act as a guide during a crucial peace summit later this week or the nation's president says the document disregards issues of essential importance for the greek cypriot tie. they will concentrate on how security will be overseen if and when cyprus is reunified as a federation. team new zealand has won the america's cup in a rout over larry arison -- larry ellison's team usa. it is the oldest trophy in international sports. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. i am mark crumpton. this is bloomberg. julia: coming up, our exclusive interview talking about the help of italy's banking sector and why they plan to rescue two aalian banks, but it is not bailout. from new york, this is bloomberg. ♪ scarlet: this is "bloomberg markets." julia: time for the bloomberg's nest flash, some of the biggest business stories. bmw showed off its new made in the usa x3 today. the automaker is highlighting its u.s. presence as

. >> his body was laid to rest at cyprus lawn in colma pch irnlts san francisco police identified the shooter at jimmy lam he purchased two stolen weapons he carried into the attack. >>> police are calling an elderly be oakland woman death suspicious. they found 102-year-old mildred on unconscious in her home. now that is a block or two from highland hospital. williams later died at the home. her death is being zriekd as suspicious or unexplained. but investigators are fallout saying why just yet. one person was detained in the case but later released .coroner has not determined a cause of death. >>> still to come an uncertain fate for health care in the united states. the plan republicans are trying to push forward but there is dissent in the ranks. >>> also mark zuckerberg setting his sielgts beyond facebook, the rumorers circuiting with a about possible to run for president. >> 50 degree in san francisco see we see fog building in just as we saw this morning. how long can we expect to keep the cooler temps in the forecast eye i'll have a breakdown in a bit. the fallout from the "gr

yesterday morning, tires and wheels were stolen off two brand new honda accords on cyprus point road in alexandria. another accord was hit -- on shoal creek court. that follows a theft targeting a lexus a few streets over... late saturday night. 6:xx and covering metro right now -- the agency's board of directors, set to release a report today -- hailing safetrack as a success. let's look at the numbers. metro's report says the number of defective wooden crossties has dropped from 22 percent - to 2 percent. smoke and fire incidents have been reduced 16 percent. it also says service disruptions have dropped as well. the federal transit administration weighed in this week. it called safetrack a necessary first step, but said there is still significant work to be done. the numbers support that is still well below its on-time performance and customer satisfaction goal of 69 percent. editor's note: wjla052917pfw and wjla060117swx your days of free parking on the national mall are almost up. today - 90 pay stations will be installed in the area. parking will cost you two bucks an hour. the

in suez, in korea, in the congo, in cyprus, in the first gulf war, in the balkans, in afghanistan. up to and including today in iraq. among many other places canada has been there. as the prime minister has often said, that is what canadians do. we step up. today it is worth reminding ourselves why we step up. why we devote time and resources to foreign policies and defense and development, why we have sent canadian soldiers, sailors, aviators, diplomats, aide workers, intelligence officers, doctors, nurses, medics and engineers into situations of danger, disaster and chaos overseas. even at times when canadian territory was not directly at risk. why do we spend billions on defense if we are not immediately threatened? for some countries, israel, latvia comes to mind, the answer is self-evident. countries that face a clear and immediate existential challenge know they need to spend on military and foreign policy and they know why. for a few lucky countries like canada and the united states, that feel protected by geography and good neighbors, the answer is less obvious. indeed you

the long—running dispute over cyprus is being taking place in switzerland.turkish. many people are reading the sadness at the creator of paddington bear has died, michael bond was 91 and he published his first book called the backward paddington in 1958 and went on to write 26 more books about paddington. now as i mentioned, let's go back to the lead story, the global cyber attack which we first started hearing in ukraine but then heard from lots of different countries. users would be seeing m essa 9 es countries. users would be seeing m essa g es of countries. users would be seeing messages of this nature. their files had been encrypted and we know this has affected around 2000 users and that includes some of the world's biggest companies like the russian oilfirm ross neff, the shipping giant may ask. the systems are still down because we have to make sure that we can have the software put in place to prevent an attack occurring again and also that we don't want to get the systems back—up to see the infection start again. what has been spoken about there is

it has been above 40 in cyprus and in turkey.outbreaks of rain in the balearic islands and in france and northern spain. fairly warm in andalusia, but not as hot as it can be at this time of the year. it is certainly not summery weather across the uk through friday. we have got that whether brown returning southwards with northerly winds that are quite strong in western areas and it will feel on the poolside once again. we could see 22 degrees in the south east. you can see a full hello, i‘m ros atkins, this is outside source. angela merkel has launched a thinly—veiled attack on donald trump. the chancellor stressed the importance of tackling climate change and criticised protectionism. this is all part of the build—up to the g20 meeting next week. since the united states‘ decision to leave the paris climate deal, we are more determined than ever to make it a success — the paris climate deal is irreversible and cannot be renegotiated. the third most senior man in the catholic church will leave the vatican and return to australia

my parents came here from cyprus. english is not my first language. but we made a home in london.e today, in parliament, giving my maiden speech, as a proud new mp for enfield southgate. this is the same welcome that everybody extends to people from other nations working and studying locally. i love our welcoming community that brings out the best in people. the new scottish conservative mp reflected on brexit. the challenge is an opportunity —— the challenges and opportunities will be of fundamental importance of the next few years. —— over these. i it will work tirelessly to ensure that we come out stronger than we are even now. -- i will out stronger than we are even now. —— i will continue to work tirelessly. to me, is an advantage of being at home. this is where i was born and grow. i did so in martin's brother. they few hundred yards from the birthplace of captain james cook. and i can think of a few that are ambassadors for a new global britain than a man who discovered half of the world. the cottage stands in the grounds of stuart park. — — cottage stands in the grounds of

three days of talks on cyprus rededication begin in switzerland.een led by the united nations with the leaders of greek and turkish cypriot communities. taking part along with foreign ministers of turkey, greece and britain. nicolas maduro has announced the supreme court has come under attack from a police helicopter. he described it as an act of terrorism. action against what has been disguised as a criminal government. the swedish actor known for the girl with the dragon tattoo has died. he played villains in hollywood. cyber attacks are targeting everybody, it seems. lots of businesses is that did. another huge cyber attack affecting businesses and organisations across the world. banks, retailers, energy firms and transport networks. many companies cannot access their computer systems. it was first detected in the ukraine but has spread across the globe. it appears at least 35 people have paid out more than a thousand $8,000 of bitcoin to the people behind the ra nsomwa re bitcoin to the people behind the ransomware dog some of the biggest compa

twenty pm flemington around four twenty five pm people can glance down chester sockets on a candle in cyprus on a around four thirty pm dover mendham and white house station around four thirty five pm other locations impacted by the severe thunderstorms included telford sellersville bernard still reeling town phillipsburg and silverdale for your protection move to an interior room on the lowest floor of a building in addition to a large hail and damaging winds frequent cloud to ground lightning is occurring with this storm moved indoors immediately remember if you can hear thunder you are close enough to be struck by lightning torrential rainfall is occurring with these storms and may lead to flash flooding do not drive your vehicle through flooded roadways repeating a severe thunderstorm warning. was downed in an attempted attack on the d.f. the syrian democratic forces troops in the area and that's when the f.a. eighteen hornet had to fire on the you twenty two and take the plane down we believe that the pilot of that jet was catapulted and unconfirmed reports on the ground suggest that he

did the prime minister have an opportunity to speak with the president of cyprus and express supporttzerland on wednesday? yes, i'd welcome to the honourable gentleman to his place in the house and cani gentleman to his place in the house and can i say, i did indeed. i had a bilateral discussion with the president of cyprus about those talks and about our hope and expectation because they have come so expectation because they have come so far. i think the presidents have both taken the discussions to a point that is far closer to us seeing a resolution than we have ever seen seeing a resolution than we have ever seen before and i hope we are able to take it over the line in the talks that will start in geneva later this month and the uk as a co—guarantor stands ready to play its part in doing that. thank you, mr speaker. when eu leaders say they want eu laws to prevail over their citizens in the uk, what they are effectively saying is they don‘t trust ourjudicial system. when the prime minister next meets with their eu counterparents, may i suggest she gently reminds them that many o

they've been flying these sorties from their base in cyprus round the clock, in what's become anotherildings of varying heights throughout. for the first time the raf‘s allowed their crews to talk us through a strike. they want to show the care they take to protect civilian life. the priority is to make sure our missile hits... dave — not his real name — operates a reaper remotely piloted drone. he shows me video of one targeting an is, or daesh, mortar position, hidden in a house in mosul. can you honestly say to me you can guarantee you won't cause civilian casualties? we will never guarantee that. what we can demonstrate through rigour and the use of these videos is we do absolutely everything within our power. every member of the crew wants to go home with a battle damage assessment that says "no civilian casualties". the raf has been carrying out these bombing missions against is for coming up to three years now. and in that time they've carried out more than 1000 air strikes, dropping more than 3000 bombs and missiles. and yet, they say, they've seen no evidence so far that they

talk aimed at reunifying the mediterranean island of cyprus return today with crucial discussions over future security arrangements topping the agenda. one big disagreement between the sides is regarding the future of the 35,000 turkish troops on the outings. the highest level in six months with the foreign ministers of turkey and greece joining in the negotiations. global news 24 hours a day, powered by more than 2600 -- 2700 journalist and analysts in more than 120 countries. this is bloomberg. vonnie: thank you. some breaking news, senator mitch mcconnell has been talking -- this following the failure for any debate to go ahead on the bill, the health care bill. he says the gop had productive conversations with president trump, they were speaking. he says the gop is working to get health care bill. that will be posed july 4 recess. this is bloomberg. ♪ ♪ anna: this is bloomberg markets, imf anna edwards. -- i am anna edwards. vonnie: i am vonnie quinn. blue apron slashing the price range for its initial public offering by one third, aiming for $10, $11 a share. joining us with more

secretary-general says progress has been slow and high-level costs reunify the -- ethnically divided island of cyprus>> all participants have declared they are here to find a solution. they have also demonstrated awareness, and the responsibility they share for a successful article. i call on the leaders and other participants in the conference to lead the call for peace for thousands of cypriots. split in 1974as when turkey invaded following a coup by supporters of the union with greece. turkey has since stationed more than 35,000 troops in the north. global news 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. i'm mark crumpton. this is bloomberg. david? david: the congressional budget office issued a warning, the u.s. government will run out of cash by early to mid october. the cbo said the federal deficit will rise to $693 billion, the largest deficit in five years in a more sizable shortfall than many expected. few know the contours better than the senior adviser at the bipartisan policy center. great to see you. let me ask you about the x date, when we a

cyprus, a fulla, opportunity. vonnie: we software for all european widen -- we saw proof real european widen as well. what you see the big risk? at it. the market looks now with greece looking like it i happen short-term, to think at the moment, presupposing nothing happens over the european summer before the german elections, we will have a situation where italy will tighten on who has the greatest yeild. they are outperforming the other peripherals in the post-macron rally. at the moment, a nice calm summer in theory as long as there is no political risk going through. all of those things staying the swans over the horizon, i imagine that they would tighten up -- no black swans over the horizon. i imagine that would tighten. nejra: thank you, you can find his columns on the bloomberg. let's get a check on the first word news. courtney: good morning. evidence that russians targeted election systems and 21 states according to homeland security. an official at the department will not identify the states. the acting

secretary-general says and has has been made been slow in talks to unify cyprus.plit in 1974 when turkey invaded. he arrived in switzerland on the third day of talks and says outstanding issues remain. havel participants declared they are here to find a solution. they have demonstrated they have an awareness of this historic opportunity and the responsibility they share for a successful outcome. i call on the leaders and participants in the conference to heed the call for peace. pena: in france, marine le has been charged with misappropriation of funds. the national front leader and other party members are accused of improperly paying aides with funds from the european union. global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. i am alisa parenti and this is bloomberg. ♪ ♪ emily: this is "bloomberg technology." i am emily chang. the global threat of ransomware came to the forefront this week as a new cyber attack hit dozens of countries across the globe. there are still questions about the origins of the attack

if the market can have a wobble and almost fall out of bed on the back of cyprus a couple weeks ago, who are we to say bigger economies have more tensions in them and won't cause a problem. at the moment i'm looking at china. the story is that the regulators are worried about bank exposures. i look atthe overall debt, corporate debt levels, it's not the absolute level that worried me but the acceleration in debt levels is there something that could come out of china or elsewhere that could set a wobble on markets? >> the high debt level is a concern for china. credit is growing at a faster pace compared to gdp that level will go higher. however -- obviously the last couple of days we have seen regulators stepping up pressure and the equity market felt the pressure but the important thing to kind of put things into perspective with regards to china is that we have an easing on demand setup, which is that if they were to tighten, if markets don't react well to it, it's foreseeable that they would ease and make sure the overall situation is not falling out of bed we have important natio

remember, taxpayer bailouts of banks was supposed to end after the whole ordeal in cyprus however, somehowian managed to circumvent those rules again. in the uk, conservatives in northern italians, democratic unionist party struck a deal to back the government of prime minister teresa may. the agreement includes an extra with one billion pounds for northern ireland initiatives allows them to govern despite losing the parliamentary majority in elections earlier this month let's buy them off necessarily finishing up sharply on the third point has taken a 3.abillion stake in the food jujt hedge fund is pushing for changes at nestle. year to date high here gain of 17%. it is calling for the sale of the company's 23% stake in loreal they're hitting a record high in today's trading. >>> let's send it over to sue herrera with the news update. >> good morning, michelle. good morning, everyone the mother of the black motorist killed by a minnesota police officer has reached a $3 million settlement in his death. the officer was aquitd of manslaughter earlier this movement. >>> a brush fire in southe

an approach to banking issues, which was may be missing when you were thinking about things like cypruse italian banks in years past. for beinghis case more optimistic about the prospect, given the sense that the political risks in europe have receded. guy: how fine a line in our we are we walking? popular worked as it should, but had to be done. we still have got to do with italy. that is not done yet. i am wondering, what is the margin for error? timothy: it is still fairly high, but at least you have a backdrop that is improved. picking about the pmi surveys we have shown and the unemployment improvements we have seen come office alluded -- all facilitated by a central bank that is not in any rush. there is a lot of room for policy mistake, but at the very least you will have the ecb backing these trends for the next three to six months. that should help. matt: tim, you are going to stick with us. the head of macro strategy for state street bank stays with us, timothy graf. even after janet yellen clear she anticipates further tightening, futures traders remain skeptical. we show you

the modern era has brought the world, among other things, the unlawful invasion and occupation of cyprus, the armenian genocide and the violent repression of the kurdish people. this incident demands more than just the prosecution of erdogan's security personnel, or thential pullings of the turkish ambassador or the strong condemnation of erdogan himself. all of which should happen. it is time for a complete re-evaluation of the u.s. relationship with turkey. we cannot pretend that it is business as usual with a foreign leader that has attacked our nation's most cher cherished democratic value -- cherished democratic values on our very own soil. i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from california is recognized. mr. royce: i'll reserve the right to close. the speaker pro tempore: the gentleman continues to reserve. the gentlewoman from the district of columbia is recognized. ms. norton: mr. speaker, this has been painful not only for the protesters. it's painful for our country. because turkey is an ally. we have our diff

cyprus will be held this month in geneva.is according to a spokesman -- the human general assent the u.n. general assembly, which says the meeting will bring together leaders from both sides as well as the european union. the major issue standing in the way include security and how much territory each side will be assigned. the u.s. ambassador to the united nations nikki haley continues her trip to israel, meeting with the defense minister. he thanked the ambassador for her strong defensive and support of israel, and presented her with a gift, a miniature high-heeled shoe, and called her the you -- the new u.n. sheriff. she said, israel is no longer the u.n.'s punching bag. president trump promises to streamline the permit process for infrastructure projects. the president called the current process a burden on the economy. >> no longer can we allow these rules and regulations to tie down our economy, chain up our prosperity, and sap our great american spirit. that is why we will lift these restrictions and unleash the full p

area they call labonte would include north african nations, currently libya, egypt, the island of cyprus and greece, etc.. is that roughly historically correct as to what the labonte would mean -- as to what the levant would mean. iraq, turkey., in the broader historic sense. so if you were to refer to isil you would be giving a larger geographic footprint as opposed correct? ranks i think this is a semantic thing like, do you use the word they used to call themselves, do you use the word they use themselves, etc. spent a lot having of time it strikes me unless you enemy, bolster your unless you wish to strengthen , forenemy in the world team, right?v traditionally, you don't want to build your enemy up, right? i guess what i am driving at is levant would give them greater territory. i would like to speak to pfizer. a recent reports set up to 5% of upstream during the last administration was actually used against american citizens. the code allows us to use pfizer because it orders american citizens be masked wherein there identities might have accidentally been associated because why? w

but as an example, one of things we will recommend is, where there are overlapping issues, okay, cyprus security is one which is clear to me. signer is one of my most priorities. to the specific the bank is reviewed by the feds, the occ, the fbic and the protection bureau, we think one agency should be named as the lead agency and coordinate amongst all the rest of them. i do think that f-sok is an important area to get the regulators to make sure they're working together to deal with overlap. finally, this is something i take very seriously, civiluous we have a lot of resources dedicated to it both within treasury and across the government. national security review is very very important and i can tell you that there's been many transactions already this year that we have indicated to the parties that we would not approve of them and would send them to the president and there have been voluntarily withdrawals. so the fact that you haven't seen a lot of information coming out, doesn't mean there's not a lot of working been done there is. it's a considerable process and we respect that.

office i don't think so i think a wonderful thing even when i was in military we disarmed soldiers in cyprusn each vehicle marked effect rufk weapon use in that part of cypress, my battalion ended up with three battalion areas spread so fast i am convinced having unarmed police deter as crime even a sense of fair play unarmed man is not really any degree nobel even for religious purpose so i hope won't happen you obviously need some armed police there is going to be a lot of pressure to arm a lot more police than there are now i think the earlier thing having unarmed police proved to be very good in the past i hope continued into the future but you never know. >> mr. brown, it seems like the people in these communities like in london, are getting fed up with this you know you talk about politically correct whatever religion nationality is people every sick of this all killing hopefully this will spearhead that push back against isis rally islamic terrorists. >> i totally agree with you absolutely agree with you people are and that is hints again at fact of unarmed police people feel it is so