. >> you said significant progress is being made in the diplomatic taeethe dm and north korean officials, the big question here is denuclearization, the president would like it to happen. he said he could also be a phased-in process. i know the meeting has yet to take place. does it look like it will be all at once? >> i'm not going to predict a meeting that hasn't taken place yet. i can tell you they have been positive and we are looking for to the meeting in singapore. pressure --imum >> our policy hasn't changed. we have sanctions, they are very powerful. we would not take the sanctions off. >> does the president believe he is above the law? >> certainly not. the president hasn't done anything wrong. >> does the president leave the dreamers envisioned -- where the president could be above the law? sarah sanders: certainly the constitution lays out the law and the president hasn't done anything wrong. >> does the president believe he ahe law? sara: certainly he is not above the law. you can't, actually. >> i think this is important. sarah: i am going to continue. >> what is the status

later in the hour. >> love that dm line.ette, thanks so much. >> he will hit one a milet to righ to put the yankees on wto. n't such a great night for the washington nationals. they fell to the yankees last night, and bryce harper, derecognize the that face. there's no beard. you hardly recognize him. right? > >> although kind of like the beard. i was getting used to it. >> the nats have a chance to retlem themselves with a b of the beltway there taking on the or yoltz tonight in a three-game series at nats park. the last time the two two p each other, let's hope for a repeat. there you go. >> a lot more summer lef and a lot more time in baseball. >> we're just getting started here, aa yesterday was only our sic day, but so far thisthat vef. >> we have a tendency to pile them up fast and furious from late june through july into early augu. as i mentioned, this is only our sixth day total. tw f this month andr last month. last year we had 4 3 gaze. an average summer is 37 to 38 days. what's the record. 6 7 ds in the 90 it's.

or dm? jim: not the united states. oksana: do i really have to? jonathan: indulge me.ana: i will go with the e.m.. trying to ask americans about football. jim keenan, krishna memani, oksana aronov. i'm not doing that again. trying to ask americans aboutsee you next fri. this was "bloomberg real yield." this is bloomberg tv. ♪ >> i'm mark crumpton with first word news. paul manafort's request to dismiss a money-laundering charge has been rejected by a federal judge in washington. manafort is also charged with conspiracy, making false statements, obstruction of justice, and failing to register as an agent of ukraine. his bail was revoked last week and after prosecutors claimed he tried to tamper with witnesses. his trial is scheduled for july 25 in virginia and september 17 in washington. diplomats say israel is following the lead of the u.s. in pulling back from the u.n. human rights council. israel has not completely withdrawn from the body but has her or they reduced its participation. the country has had a tense relationship with the council, accusing it of unfair bi

or dm? jim: not the united states. oksana: do i really have to? jonathan: indulge me. will go with the e.m.. krishna: e.m. jonathan: trying to ask americans about football. jim keenan, krishna memani, oksana aronov. i'm not doing that again. that does it for us from new york. we will see you next friday at 1:00 p.m. new york time. this was "bloomberg real yield." this is bloomberg tv. ♪ two, down, back up! our phones are more than just phones. they're pocket-sized personal trainers. last minute gift finders. [phone voice] destination ahead. and discoverers of new places. it's the internet in your hand. that's why xfinity mobile can be included with xfinity internet which could save you $400 or more a year. it's a new kind of network designed to save you money. click, call, or visit a store today. ♪ manus: you're watching "best of bloomberg daybreak: middle east." the major stories driving the headlines from the region this week. opec on a knife edge, speculation about output cuts swirled as ministers gathered for the crucial meeting in vienna. welcome to the club. saud

or dm? jim: not the united states. oksana: do i really have to? jonathan: indulge me.ana: i will go with e.m. krishna: e.m. jonathan: trying to ask americans about football. jim keenan, krishna memani, oksana aronov. i'm not doing that again. that does it for us from new york. we will see you next friday at 1:00 p.m. new york time. 6:00 p.m. in london. this was "bloomberg real yield." this is bloomberg tv. ♪ what's a gig of data? well, it's a whole day's worth of love songs. 300 minutes of baby videos. or, it's a million chat messages. a gig goes a long way. that's why xfinity mobile lets you pay for data one gig at a time. and with millions of wifi hotspots included, you'll pay less for data. it's a new kind of network designed to save you money. click, call or visit a store today. alix: this upcoming program was recorded earlier this week. we hope you enjoy the show. opec debates how much output should increase, it is russia versus iran the saudi's in the middle. trade battles dragged down caterpillar, one of the best-performing stocks over the last two years. and po

or dm? [laughter] jim: not the united states. oksana: do i really have to? jonathan: indulge me. will go with e.m. jonathan: there you go. krishna? krishna: i will go with e.m. jonathan: trying to ask americans about football. jim keenan, krishna memani, oksana aronov. i'm not doing that again. that does it for us from new york. we will see you next friday at 1:00 p.m. new york time. 6:00 p.m. in london. this was "bloomberg real yield." this is bloomberg tv. ♪ alix: this upcoming program was recorded earlier this week. we hope you enjoy the show. opec debates how much output should increase, it is russia versus iran the saudi's in the middle. trade battles dragged down caterpillar, one of the best-performing stocks over the last two years. and power ahead. over $8 trillion will be invested in wind and solar in the next 30 years, the latest report outlines the rapid rise of alternative energy. ♪

or dm? [laughter] jim: not the united states. oksana: do i really have to? jonathan: indulge me. will go with e.m. jonathan: there you go. krishna? krishna: i will go with e.m. jonathan: trying to ask americans about football. jim keenan, krishna memani, oksana aronov. i'm not doing that again. that does it for us from new york. we will see you next friday at 1:00 p.m. new york time. 6:00 p.m. in london. this was "bloomberg real yield." this is bloomberg tv. ♪ jason: welcome to bloomberg businessweek. i am jason kelly at bloomberg headquarters in new york. a big show for you this week. we start in london where we explore that city's future as a financial hub given the backdrop of brexit. we go to south carolina where we talk to the although ceo about the new plant there. what it means for that state's economy and for volvo's chinese owner. we start with the big story of

i've gotten countless dms from even pastors who have said to me, you have literally changed my entire hear you say, you begged god not to make you gay, and you still are, made me realize it's not a choice. >> reporter: the show's sincerity and soft touch made it a success. audience members responding to moments in which character struggles give way to self-love. >> all our heroes, they expected us when we walked in to find everything we could that was wrong with them. but our goal really was to walk in and try to find everything that was good about them, so that they could see that, because they couldn't see that. they couldn't see themselves like we did. >> the only way you can get to that place is going straight to the heart. men are so often told to close it off. think about every young boy that starts to show emotion. a coach, a father, a mentor, a teacher says, stop that you're acting girlie, you're acting this. why is that? for me it was deconditioning them from that mindset and that behavior to let them know, no, it's okay. showing a little emotion makes you more confident, it

robert: as somebody who experienced that, and now you're dm not gonna be l every family has the resourcest they need and can climb the economic ladder. robert: yeah, and also you understand that it can be hard to reach out and ask for help, huh? rey: absolutely, that's-- robert: and you make it easy for 'em. rey: and that's why, like, people are very comfortable using the internet to find resources, 'cause they don't have to feel ashamed talking to somebody else. they can just, in the safety and comfort of their own place, or their home, or wherever they're at, they can search and look for resources right there on the spot. robert: great job, rey. good to see you again. rey:ea robert: well, next, some information on some big upcoming events, including pinays in the arts, and the olympics, right after this. with savings on the new sleep number 360 smart bed. it senses your every move and automatically adjusts on both sides to keep you effortlessly comfortable. and snoring.... does your bed do that? don't miss the final days of our semi-annual sale save up to $700 on sleep number 360 smart

view that inof the the mid layer of portfolios, when you're looking at those that have other em or dm credits, we see fundamentals stoward em. we like em, not brought em, you need to look for the right opportunities, but the fundamentals continue to be supportive and we continue to like em in the portfolio. vonnie: i want to bring you to tomorrow and the ecb because you just recently neutralized your local on the euro. many announcing the euro could go higher by 7%. we are getting a slight do you agree? that the move -- for the dollar versus the euro between now and 2019. we have a target of 1.22 for the year. we are of that view. nearerm, the level of political uncertainty in europe will likely prevent the ecbrom overhing to the hawkish the next meeting or even in july. structurally we like a bearish dollar view, but near-term we see consolidation around these levels. caroline: when do you see any sort of rate hike coming from the ecb? i'm looking at a chart that says we have 14 months to go. there seems to be some expectation of september 2019? bruno: i think that is reasonable. the

. >>> theov consial patriarch of the jacksonamily loses his f dm> the clo is ticking for the trump ainistration over a court order to reunite migrant families within 30 days, 14 if they're younger than age 5. the justice department says it makes it morempative for congress to act on immigration so the gernment can enforce the law and keep families together. 15 of tse immigrant children are being housed in our areas. >> they're at the youth for tomorrow facility in bristow, virginia. senator mark warner updated and what he witnessed inside. >> reporter: walking the median, a silent protester carrying a direct message, free the children, indicating those at the border. senator mark warner likewise wants the kidsack with their family. until then, he appreciates how they're being car for here. >> t kids are being taken care of in a clean and appropriate environment. they're getting the healthcare and education they need. >> reporter: while we're not tallowed on property, health & human services released these images from inside the facility. all 15 children have connected in some way with their lov

judicia wat toin dm t the ap reported.ake easier forhe inians, largest state sponsor of terror to get cash behind the worlds back and that's not a scandal? >> juan: that's not a scandal. you knew the whole idea was give them the money we had frozen. it was their money in the first place. secondly, try to reintegrate them into the global economic structure. >> jesse: why did they hide it? >> juan: just your reaction. >> jes didn' wa m to react like that? >> juan: they don't want people to go hyperbolic. >> kimberly:ay now. >> dana: it'sot only t obam administration actually went to a couple american banks it's neyauerintkind ofeels likes basically make this money right in the banused. >> jesse: you are saying banks her eth standardhan the obam administration? >> dana: it was about concern they would be penalized because of it. >> greg: kimberly. last word. how do you thinkhe i o it. >> kimberly: sensational. they're going to try to make rodmanlike they hav i think the outcome is going to speak for itself in terms of being r

also here in the dm v we have governorscting to maryland governor larry hogan anirginia governor l ralphrtham removing their national guard support systems from the border saying that they will not send any new national guard forces from those taits to the border until this policy is over . live on capital hill, evanambert, fox5 local news. >> and with the president's immigration policy under fire, e trump administration took another big step today. un a.m. bass door the is leaving the human rights counsel saying the organization is worthy of its name. she claims it is an anti israel bias. fox a # # is in the district where detectives are trying to identify a serial hotelapist. this is atc compositeh of the man police have bee looking for since 18. he's believed to b responsible for raping six women over seven-year span. in investigators ld dna to link six of the rapes but investigators have not been able to match that dna to a name. cu but ptors did secure an indictment. d.c. currently has atu 15-yearte of limitations for first degreeua sex abuse. an unknown offender under thet soon any

during that -- dm during that period of growth driven rate rises.k the bank drop over the over the next 12 to 18 or even 36 months remains very positive. valuations are attractive. internal and external balances have improved. global growth is picking up. the em growth premium is widening. that environment is attractive. >> 17.75. that is a 125 basis point rate hike for the turkish central bank. we want to take a look at the immediate reaction, it is a stronger lira. in the intraday you can see that dropping like a stone for the dollar as the turkish lira balance is higher. the question going forward for the rest of the session is will this be enough? well this last? we have seen central banks hike rates, but then at the same time it does not sustain. >> especially true in turkey. as david pointed out, how erdogan reacts to this will be key to the market being able to sustain this lira bounce. a week ago in a campaign speech, he sounded like he believes in the independence of the central bank. >> it is not just turkey we are dealing with. we saw arg

nuclear program, but no timelines or verifications >> north korea forces, 70% of them deployed on the dm that has to change if we are going to suspend our exercises. north korea has to make a corre >> reporter: we have now sethe that the president played for kim jong un during the sun, showing the potential for a wealthy and prosperous north korea if the agreement ultimately holds. >> reporter: it seems like something like a charm fast -- festival to win kim jong un over. will it be enough to hash out all the details involved in flushing out digreements? >> with all the analysts and the pundits talking about it, how soon will we know if the summit was really a success? >> reporter: we will probably have to hear more from secretary of state mike pompeo as he tries to work out these with north korean negotiators, to see if they can move along the path to getting the north to dismantle the program. >> very interesting. doug luzader live from washington. thank you. >>> house republicans are making moves on the issue of immigration and daca. the house will vote next week on two immigration bi

speaker, yesterday hong kong democracy ac toe advice was sentenced to six years dm prison. this is basic dictator ship in action. this liberal government claims to care about human rights around the world. so will they clearly condemn the imprisonment of hong kong leading pro democracy voices and join our allies in calling for hong kong legal status to be respected? >> honorable mr. foreign affairs. >> mr. speaker, for our government the protection of human rights are core priorities in our engagement with china very much including hong kong which has such close human connections with our country. we raise the human rights situation in china with every opportunity and continue to encourage china to live up to its international commitments. thank you. >> member for juliet. >> translator: mr. speaker, quebec economy is under attack from all angles by donald trump who is firing on everything that moves. he tried to kill our aeronautics industry and aultura and tariffs on on our steel and aluminum, the cleanest in the world. in short, it's all of quebec that's taking the hit. t

. >> so my understanding is they are all using the -- what is called dms, daily management system. >> [inaudible speaker] >> come on up here then. >> president chow: it's okay. we don't really quite know. you can come back and let us know how this is working. >> good afternoon. all of primary care -- >> introduce yourself. >> dr. alice chen. all the primary care clinics are using the lean true north metrics. some of them have embedded daily management system in the daily huddles and daily work, others have used some pieces of it like the visibility walls or occasional huddles but that's the roll out, the full on daily management system and that's tied to our epic implementation. >> president chow: so go back to my first question then. does it make any, you know issues -- you know, any sense to say that this first block do or do not perform better than the blocks who haven't gotten all the training yet? >> you are thinking like a scientist. i think the issue is that the reason certain clinics are chosen is because of staffing and leadership issues. that are are actually qualitative dif

dm and i think he is using his nuclear weapons program to enhance his diplomatic perception.ogic, it makes no sense for kim jong- un to go for complete denuclearization, then essentially giving up his most important diplomatic leverage against the international community. so realistically speaking i think there is a lot of rhetoric about complete irreversible denuclearization, that's a long shot i think. >> are economic sanctions on north korea working right now by both the u.s. and other countries? is that a motivator for kim jong-un to negotiated? >> i think to an extent, yes. i think to an extent that it is definitely one of the factors that kim jong-un is being more active with diplomacy. but at the same time, we have to defend that the -- understands our domestic politics quite well and to me perhaps the main reason we are seeing a lot of this active diplomacy coming from the dprk is that kim understands that mr. trump really needs a palpable and visual national security win before the november election. so in this regard, i think they have a lot more to do with the poss

i tried to dm him privately.a prieft line and i go on the radio, and say, this is how you feel and call me and say, why did you say that? i would have told him how i felt. >> drake is known as an emotional rapper. >> he's an emotional radio guy. >> we have a special graphic here. my fallback nominee is your emotional relationship with drake [ laughter ] >> so good! that's so good! >> first of all -- >> that photo with the tie undone. terrible. >> fallback on you for showing a picture of the same shirt i'm wearing on the show. can i get a free shirt, rag and bone? look at that shirtment so good. we have an up and down relationship. but drake is jejewish. i'm jooish. we are a sensitive people. we are in a pretty good space right now. i don't see why you're bringing up old stuff. but that's fair. >> it's true in your field and journalism, which is your probably better at the job if you care about it, but sometimes if you care too much you can lose the judgment that also people rely on you for, right? >> yeah, absolu

recently called the police when she found a black yale student sleeping in the common room of their dmd the black student, "hey, college did prepare me for real life." ] [ audience o >> seth: hey, amber -- >> where ithe lie? >> seth: hey, amber, what do you think is the hardest thing about albeing a black student at >> being confused for the other black student at yale. [ laughter ] >> seth: oh, right, right. a lesbian press in michigan recently won four publishing awards. >> a lesbian press is also the technical term for a firm handshake. [ light laughter ] >> seth: so, jenny, do lesbians really have firm handshakes? [ cracking ] oh! [ audience ohs ] oh, jenny. [ light laughter ] >> hey, seth, why don't you tell one? >> seth: oh, you guys know i couldn't! >> oh, come on, buddy. list one! >> seth: oh, i fee if i do one i'll get in trouble! >> come on, just do it. >> seth: okay?omise it'll go >> pinky swear. [ cracking ] >> seth: oh! [ light laughter ] damnit! >> it's a trap! [ light laughter ] >> seth: a little -- you're a little late admiral blackbar. ] [ light laught >> admiral black

. >> we'll just like slide in to their dms with pictures of you. >> jimmy: you don't have to slide itu, it'll be perfect. >> i'll be your publicist. >> jimmy: you didn't grow up in new york, though, right? >> i didn't. so my mom grew up on the east coast. i grew up coming here but i grew up in calornia. >> jimmy: ooh, so are you an outdoorsy person? >> yes. i said this is not my normal outfit. i'm usually like camping, road tripping, just out in nature. >> jimmy: i've never been camping. i think i've been caonce. >> what? >> i've never ever -- my parents are from brooklyn and i was allowed in my backyard. [ light laughter ] >> you have to go camping. >> jimmy: the raccoon clbed up a skyscraper.e there's no rules, there's no rules outdoors. i don't trust animals. >> if a raccoon can climb a a skyscraper, you can go camping. >> jimmy: get off the building, raccoon. what's he gonna do with me --st >> he's eclaiming his time. >> jimmy: reclaiming his time. oh, my goodness.ng it was frighteo me. >> he's like you built this thing where my tree used to be. you need to go camping. >> jimmy: d

i tried to dm him and tell him privately.and say here is my opinion, it's how it made me feel and then you call me and go, how could you say that? i would have told you that's how i felt. that's who i am. >> drake is known by some as an emotional rapper. we see that your relationship with minimum is emotional. >> he's an emotional radio guy. >> but we have a special graphic here. my fallback nominee is your emotional relationship with drake. >> so good. that's so good. >> hold on, first of all -- >> that photo with the tie undone is terrible. >> first of all, fall back on you again for showing footage where i'm wearing the same shirt i'm wearing on the show. >> why are you always wearing this shirt? >> it's the only shirt i own. can i get a free shirt, rag and bone? listen -- >> can i get a free shirt? >> look at that shirt. it's so sad. we do have an up and down emotional relationship. but, listen, drake is jewish. i am jewish. jews are emotional. feelings get hurt easily. >> sensitive, even. >> very sensitive. we've had it

. >> could the fight over the border wall come to a head just before the mid dms termterms, c shutdown or is this bannon's way of talking strategy to the president? when you brush or floss you may have gum problems and could be on the journey to much worse. help stop the journey of gum disease. try parodontax toothpaste. ♪ it was here. i couldn't catch my breath. it was the last song of the night. it felt like my heart was skipping beats. i went to the er. they said i had afib. afib? what's afib? i knew that meant i was at a greater risk of stroke. i needed answers. once i got the facts, my doctor and i chose xarelto®. xarelto®. to help keep me protected from a stroke. once-daily xarelto®, a latest-generation blood thinner significantly lowers the risk of stroke in people with afib not caused by a heart valve problem. in a clinical study, over 96% of people taking xarelto® remained stroke-free. xarelto® works differently. warfarin interferes with at least 6 of your body's natural blood-clotting factors. xarelto® is selective, targeting just one critical factor. for afib patients well m

you can do a dividend dm strategy and they can't be faked. they're literally giving you the money. there are ways to get exposure to areas in the world that are not as transparent as the u.s. i would never disagree with the statement, but i think it's important to not say this is the year to own e.m., that's the year not to. in hindsight, you will never make enough of those decisions reliably well. you won't. >> jim >> well, look, this is a great discussion, but i think you guys are making it too hard you asked the question, what performs better in two years your answer is right, by the way, but look, if you think the market is going higher - >> you could have ended it there. >> hang on you think the stock market is going higher over the next two years, emerging markets is unquestionably a higher beta play, so it will perform higher, but as everyone is saying here, it's going to be volatile, more volatile than the s&p 500. >> that's wi you get paid. >> if your time horizon is two years and you have the guts for it, then you go in e.m., but the right answer is to have a diversified

all the way back to that's what going on around the country, here is what's > and here at home in the dmooler than average, high to mid-80s. plenty ofty and sunshine out there, you'll get a burn quick. careful, keep spf on. high in the 80s. for tomorro another one. cooler tomorrow. another pleasant day with low humidity before heat and humidity of summer arrive later this week. > and that is your latest weathe >> all right, al. i know you're ready. this is one of our favorite competitions every year. it is the world's ugliest dog contes >> did he just bark at you? >> w yeah. thatt he does. >> the winner is about to join us.jo ing kent at the honor of being one of the judges this year. this was a big deau. for >> this is what i call a ruff assignment. yeah. judgin the world's ugliest dog competition. for all of the cute dogs on your instagram feed, there's ugly ones deserving of your love, too. they went head-to-tail to become the world's top dog. at every county fair, you can expect wiener dogs and corndo . but here at the sonoma county fair, in petaluma, california, unleashing the ugly

questions with dms is to see how we can make it easy for the contracts to happen. where their money mouth is. reduceprobably compliance cost. our agenda. of that is part of how we put out rules and guidance. questions.ave >> thank you. mr. secretary, it is nice to see you. hall is more in my town meetings then drug prices. it is a mystery to everybody in america why the government these prices.te i know there are proposals in the blueprint around that. during your hearing in the finance committee when you are asked about whether government should negotiate prices for naloxone you were open to the idea. you said there was nothing wrong with the government directly negotiating. i agree with that sentiment and it should not be applied to all drugs, specifically with medicare negotiation. why not go all the way to fulfill the presence? >> the president has fulfilled his promise. he has fixed negotiation and part he. should that be the one to directly negotiate and enhan that work? as peter said when he was the congressional head and president obama's omb of us are, he

capitol have addressed a number of these issues and i know that you're going to continue continue to dm and discuss them. >> i'm trying toive you questions to be answered yes or no. let me repeat it in case i wasn't clear. >> thank you. >> do you believe an 18-year-old high school student should be able to walk into a store and minutes later come out with an ar-15 style assault weapon and hundreds of rounds of am new mission? >> i believe that's a matter for debate and debated within this body and will continue to be. our focus is on raising up successful, proven techniques and approaches to ensure schools are safe for students attend. >> are you looking at those other countries where the students have spent just as much time on social media and video games and everything else, but have much more -- a muc lower gun violence in their schools? >> we had a very important meeting last week in maryland at a school within a disict that has employed an approach called tbis for 16 o 18 years that deals with -- >> maybe i didn't make my question clear. are you looking at the countries ere studen

bundled cost per dm rate based on a prospective payment methodology. this is a big shift from how we normally reimburse for these services and allow more services to be covered. some of the services they can fund through this would now include nursing salaries, supportive counseling and case management, which are currently not included. what it does not include, and this is part of what they could potentially take action on, are room and board costs and physical treatment services. another thing that was raised when the secretary was at bridge's path, is the limitation on 60 days of coverage for mothers who are postpartum and the fact that they don't receive services beyond that. so, that's another thing that we've been looking at at cms and we've heard a lot of feedback on and would love to work with you all not only on that issue, but all of these issues, because we think they're critically important. >> i spoke at the cleveland study club the other day about opioids and our government looking at it in a big comprehensive public health way. and i use