. >> the last time that brian took a junket overseas wu doha, and that doha trip crude oil was $39 andrying to make the surge through $40 and extend, and it didn't because nothing happened in doha, and very little is expected here to the your point. >> well, the risk is a surprise to the market for sure. >> yes, the risk is a surprise to the market or the downside. i mean, if absolutely nothing, and if saudi really digs in, the new oil minister in saudi, if he digs in here, judge, and says under no circumstances or words to that effect, you can see 44 in a heart beat. >> but nobody expects anything to happen, why would oil move? >> well, him jawboning it, and saying it and putting nit black and white in the press tomorrow if he indeed digs in like that, i don't know if it is going to happen. >> and there is a lot of incremental supply coming on, and brian mentioned the iraqi oil production at 5 million, and maybe it is unsustainable, but 4 million a day, is still a lot. you have libya coming back online, and canada with the oil sands production coming back, and there is a lot more supp

after that deal fell through in doha last month. so, there is really no talk of a freeze coming about and there is no expectation that opec is going to try to scale back production. manus: let's see where that takes us. you are going to be all over this story for the next couple days. anthony, our middle east energy correspondent. rishaad: sources say saudi arabia is considering selling $50 billion of debt this year. irst is the kingdo's f entrance into the market there. we are now joined from dubai and abu dhabi. what is driving this bond frenzy? >> good morning. from a very windy abu dhabi. as you pointed out, the winds of change are sleeping across the gulf capital markets. we seem to have a bit of a self reinforcing cycle right now where one gulf entity decides to sell bonds to plug a budget gaps caused by low oil prices. the other see how well this goes and if so, they come rushing to the market as well. it was all picked off by abu dhabi back in april with a $5 million bond sale. since then, we had a $9 billion bond sale last

this is just like doha. what a couple of members wanted was to go in and establish some kind of either a total cap or total output production, or a per-country cap. of course the saudis and iranians could not agree back in doha, we don't know who the problem was, was it saudi arabia, iran, somebody else? multiple reports suggesting the meeting is just ending with no agreement on a production, on a ceiling. and reports saying that nigeria's representative will be the new secretary-general. people don't care about that. remember, that secretary-general can often be the person who mediates disputes. if you have dispute between iran and saudi arabia, if that person has any influence or power, they might be able to go in. the news, guys, the headline no deal. a lot of optimism this morning and once again, jim, it got us nowhere. nothing got done in opec. >> nigeria is nearing bankruptcy. those guys squawk. they want something. brian, you had a comment this morning on the 5:00 show which was so good. what they wan

is that part of it, after the disaster of doha, we will call it? >> yeah.ean, they do badly need to get their reputation back. it is a nexus statue question for opec, given the last two meetings have been a disaster. and this is one way where they can say, guess what? we all agreed on something, and that is that we actually have a production target now as opposed to what they scrapped off in december. so, it is absolutely a step they can take. but in terms of market impact, i do matters to all of us, not think it adds anything. we have seen a lot of comments from the minister. everyone is patting their back saying the market is balancing. our strategy is working. but if you think about it, it is thislly the -- that led to immediate -- mark: what happens when libya, nigeria , ira qnad venezuela comes back -- iraq and venezuela comes back? >> that is what we are factoring in. the markets would have naturally balance by the tail end of this year or q one 2017. with that sort of return, columbia is returning. -- colombia is returning. nigeria is a more endemic

he last time after doha as negative as the headlines sounded, oil migrated higher.nk it will back off. t already has since the announcement. the nonannouncements if you will. a major bt we'll have downward push because it really working.rces are we're getting a decline in non-opec that's out there. evidence is generally accumulating in favor of that or two.exception and so, you know, i think this s the opportunity for the saudis to continue their confrontation with iran over the issues of market share. priority for eal them. o i didn't expect this to be much better than this. if we'd had any kind of an thought it would be tacit and not very effective and ctually i think the saudis really saw it as an opportunity message ate the doha which is -- we're going to let market forces work and they have been. >> tom. tom. market forces are working. is.nder whether opec at this point does opec do anything other than elect its own secretary-general? seems to be the only thing they do. >> i'm sorry? say at the end? seems the only thing opec accomplishes the choosing a new secr

mandate, the doha round should continue as is. and that we should be focusing on creative ways of dealing with outstanding issues but also new issues facing the multilateral trade system whether it is e-commerce or small, medium-sized businesses were other issues. our view on plurilateral as it is if it went tpp and ttip we will have some free trade with two-thirds of the global economy and that's before other countries who have expressed interest essentially joined the agreement to join. when you have two-thirds of the global economy beginning to get their head around a certain set of rules, work of the difficult issues domestically that allowed them to open their markets and sign up to higher standards, it helps give momentum to the process as well. ultimately, we would like to see those rules multilateralized and that is the goal. right now is probably the most open, honest, frank discussion going on at the wto in 15 years where our ministers and ambassadors in geneva are really talking about what is it that we can get them mul

. >> for the last nine years, jamie lynn dohas ne her best to stay out of the spotlight and raise herdaughter maddie who is now 8. today, married to her 34-year-old husband, also named jamie, she's ready to resume her career. aad the first step is a new tlc special jamie lynn spears when the lights go out. she hopes to reintroduce her to the world. girl. i needed something to bridge the gap for the world to meet as an adult, who i am right now in this present mo >> do you foresee yourself having more kids? >> of course. my husband would like kids like yesterdayy i think right now that it is a little selfish of me to have a child now. i am getting bus we want more babies, of course. >> and as for older sister who came through rough times, any plans to work together in the future in the studio? >> i think it is one of the things that has to happen naturally. you can't plan it out and say this is what we're going to do. if it is something we sat down and wrote something or a song and we said, we got to sing this together, but has to be a natural thing, can't be forced. >> if you could go

all the opec members and non-opec members went to doha under assumption the deal was already done. at the last minute the saudi prince pulled the deal, no deal. we'll not do a deal. everybody was angry at saudi arabia. this could be a way for the saudis to save face and get russia and some opec producers back on board. david: a bet on opec is very risky but you heard it here from phil. thank you very much, phil flynn. melissa? melissa: president obama speaking in elkhart, indiana, here is what he had to say on his economic record. he just spoke of what he calls the myth of crazy government spending causing a squeeze in the middle class. okay. david: thought we had some sound on that but we had a quote bit anyway. melissa: it was so shocking we couldn't replay it because we were afraid it would start tell and scare viewers. let's discuss it. jonathan hoenig from capitalist pig hedge fund, jason rotman from lido isle investors. thanks for joining us. the point he is trying to put a lot of spin on this talking about the fact that the economy is doing so well but if you listen what the

unlike the informal april summit in doha, this was an official opec meeting. some members -- venezuela notably -- wanted the group to agree to cap output. prices have bounce observed their lows. nigeria's oil minister told us $50 per barrel isn't the right price for them. >> a fair price for us per barrel this year, hopefully next year. >> reporter: despite the lack of production deals the oil minister from saudi arabia, the first new opec representative from that country in 25 years, talked up the meeting and the oil market. >> we are extremely happy. i think the market is in good shape. the market is balancing. trends are all good in terms of supply and demand. prices have recovered somewhat. and i believe they will continue to recover. the spirit of the meeting is very cooperative, collaborative. all of the ministers see basically the same fundamentals. >> reporter: the meeting comes at a time when many feel opec is losing its long-held power to control the price of oil. a big drop in production for the united states has helped push prices up, doing some of

security documents to qatar and the al jazeera network, which is headquartered in qatar's capital, doha. two of the journalists worked for al jazeera but were not in court. the court said during the rule of ousted president mohammed morsi, the defendants leaked documents to qatari intelligence that exposed the location of weapons held by the egyptian armed forces. morsi and two of his former aides were also convicted and received 25-year prison terms. the egyptian military deposed morsi three years ago. he has been sentenced to death in another case, which he is appealing. in california, firefighters have contained 25% of a wildfire that has burned more than 7,000 acres. fueled by 90 degree temperatures and strong winds, the blaze in santa barbara county has tripled in size since it began wednesday, forcing authorities to shut down a major freeway the past two nights. about 300 homes are considered at risk, california firefighters have already fought more than 1,800 wildfires this year. wildfires have also broken out in colorado, new mexico, and arizona, where temperatures are expected

more cooperation than we saw at doha.ne thing that came out of that meeting that gave me a bit of pause, concern was the tone change in the saudi's. saudi arabia has always taken this staunch stance that they are the lowest cost producer and they will not see market share anymore, they will not allow people to have them take the burden of cuts down the road. little toochanged a abruptly and they got a little too conciliatory. the fiscal situation may not be as strong as they once thought. nothing came out of the meeting other than the appointment. you are setting a predicate for further cooperation. they started to use words like control the market a bit more. we are not going to flood the market. that is a change in their tone towards their relationship with opec. is based upon it a softening in their geopolitical views. particularly their proxy war with iran. it had to do more with the fiscal situation of the country come which could have ramifications. there is a higher probability saudi arabia could actually initiate

doha market was the one with the gain. thatet's have a look at one. flat picture by the end of the session pretty much the story in kuwait. let's check in on some of the other stories that are making headlines around the world. >> he is currently chief economic advisor at the finance ministry and considered to be on the dovish side of the spectrum. the other candidates got one or two votes each. and hiring in tokyo. making it clear our would not be getting the top job anytime soon. he wants to maintain control of the company he built into one of japan's largest. they agreed to sell their stake in super cell. and mitsubishi motor has of thet a year loss equivalent of one white $4 billion. the fuel testing scandal will cost it. it is the first loss in eight years. they admitted fortifying fuel consumption tests from as far back as 1991. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. i am rosalind chin. this is bloomberg. ashaad: a subtle change but nose of the rate hike is been pushed future --

opec the doha meeting, delegates descend on vienna with little expectation of an agreement.ds lower. ♪ mark: more breaking news on the oecd report. cutting its economic forecast this year for the u.k. economy because of the upcoming referendum. it is warning the u.k. -- if the u.k. votes to leave the eu the economy will be hit. we had george osborne say a brexit is a price not worth paying and david cameron has said that the oecd is right to mourn on the brexit and the consequences. the oecd was criticized in april thending out and saying possibility of a brexit would damage the u.k.. gathering in vienna ahead of a policy meeting tomorrow. agreement onee an freezing oil output at the meeting. ryan chilcote is at the meeting. you caught up with the oil minister of the uae. where does he stand? ryan: i do not think he is very happy with $50 oil but i think he is happy with the direction of travel we have seen since february, a near 85% rise in the price of brent oil. the reason why the comments from the uae energy minister matter is because he is sort of an unofficial spokesma

doha. with the new petroleum minister at the helm there would be an interest in bringing opec back together. i would not be very surprised. we're just getting to know this new oil minister from saudi arabia. he has not spoken to the media yet on this trip. what would a freeze do? would it take us toward $60 per barrel? let's have a look at those breakeven points. and $50 it is still really not of used in them. this is where the market is the short interest has dropped as well. what we do prices. i think you have to understand from the opec perspective the prices of the last couple of weeks have rallied up. there is no real urgency for an agreement for a price cut. however if you look at it from the perspective of why the prices have gone up. primarily due to supply disruptions and unplanned disruptions in nigeria and canada and even kuwait. makes him a permanent factor. more than propping the price of beyond 50. that is the path of least resistance. it is that multi-decade hides. how much o

abu dhabi, doha both heading down.audi arabia, kuwait, bahrain looking like this, recovering from earlier losses. the kuwait market was also under some pressure. the hang seng indexes, the nikkei also moving. it is really about emerging-market assets being sold off. some of the bigger markets like australia, southeast asia, look at the losses. look at the currencies whether --is the vietnamese bought bhat. you take japan out of the mix and we are down. yet, it is still a fairly risk-averse day. yields in japan on the way down. can we get our graphic up? therapy go. continue -- does did continue into asia. we were below that in one point. boards -- we flip the boards fairly quickly. freshconcerns -- look at, record lows there. 20, 30.e, all closer to the earth's core. yousef: remarkable developments. thank you. gain today.inues to that, bond yields falling to a record get the implications of all of that with kevin buckland, bonds and currency reporter, what is the trigger for today? just theally, nervousness still in th

doha they are trying to establish that opec is still relevant.hins less animosity the group, and in that regard, it was a successful meeting. top for the found a moment, it seems that is at the ceiling at present. can they go much higher in the short-term? the very near term, probably not. you still have maintenance. you have the french strike on going, you need refineries about to come back. but going into quarter three, and all of these unplanned outages, nigeria in particular looks bad at the moment. we expect prices to go up towards $55, but that's in q3. betty: that is in line with what you saw, and what you heard from the opec ministers who were saying they believe at the end of this year, oil would be around $60 a barrel. in that range. is there anything that might derail that? amrita: i don't think so. at this point in time, our demand estimates are fairly conservative. willie have 1.2 million barrels -- we only have 1.2 million barrels. the kind of cuts we have seen, it's too late to change that in the cycle. suddenly hit $60, there will

bua catch water buffalo and the way they doha is they strap tires around the frontave jeep and they driveg away and they knock it over and tie it up and throw it on the the back of a truck. ( laughter ). >> stephen: you knock it over and the buffalo goes, "you got me, okay, go ahead." >> no, not at all. you've got to jump out real quick and with a number of large men get on top of that buffalo and tie him up. >> stephen: really? >> yeah. >> stephen: wow. >> yeah. >> stephen: and then it gets dragged to the outback steakhouse, and then they-- >> pretty much, yeah. >> stephen: what do you-- what's the most offensive thing that americans say to someone-- let me get that for you. >> sorry about that. >> stephen: i don't want you to drown in half an inch of water. >> thank you, thank you bless you. >> stephen: what's the most offensive thing that americans say to seem industrialian. is it like, "that's not a knife." would you like a >> that one-- i would say the worst is shrimp on the barbie. shrimp on the barbie -- >> are there not barbies down there. we definitely have barbies, but we don't

he added oil producers don't have the same urgency they had in the doha freeze meeting. we also saw that weakness off yesterday's session off the back of the uae minister says he's pleased with what we're seeing in the markets, the former head of nigeria and is mpc is the front-runner to become the next opec secretary general. hadley is in vienna for the next opec meeting. talk to me. do you think they come into this feeling pretty vindicated since the $30 lows and they did nothing to address the supply gut. >> certainly, it seems like a brave new world, at least what we've heard over the last 24 are ministers from venezuela. i think it's interesting, usually we would hear from them sort of middle of the road and toward the end of the meeting. and it seems as if with the departure of the former saudi oil minister, all voices are coming to the table here, except, of course, for the new oil minister from saudi arabia. we haven't actually heard from him as of yet. i want to bring in our guest, bob mcnally. talk to me a little bit about what we're anticipating from this meet

and the idea in doha was we established a freeze on production.iled because the saudis and iranians couldn't agree. the iranians are at 3.8 million, closer to 4 million. so they might be more amenable to make a deal. what about prices because that is all people really care about. most countries said $50 a barrel is not enough. listen to this comment from the oil minister from qatar. >> from the interest of the oil industry for the interest industry of long-term security of supply certainly $50 is not a fair price but a fairer price is needed so that investment is starting to reinjected into our industry in order to secure the supply on long-term. >> error is a nice code word for what would like high eer prices. we'll see if they can get anything done. the market can move but there is so much animosity between the country, politically, economically, religiously. we'll see if they come out with any mojo. >> a little surprising to hear that 50 isn't enough just considering how much the oil price has ramped up over last few months. do you think we cou

i doha >> getting to and from work is difficult for many commuters now that metro phase 2 is underway. >> i think it's crazy. it's just a lot going on with the stations staying closed and everything. definitely a lot. >> that frustration translates into dollars for businesses like lift and uber. >> making extra money. it's great. >> in response to safe track, uber says riders will pay $5.00 or $7 for rides in the zones affected by blue, orange, silver lines between eastern market and being road minnesota avenue. >> i'm getting more calls today. calls for people that don't want to sit on crowded free shuttles like this one designed to take people to metro station. >> go back to minimizing the costs of smart trips because i'm working out and really resting. it takes me two h work on top of wake up time and stuff like that. >> for folks who aren't on a tight budget, car shares are available at closed metro stations for folks to rent. reporting live in d.c., stephanie, wusa 9. >> for more information about safe track, check out the wusa app and click mission metro. >>> there's been anothe

though everyone in doha had come to view a freeze. interesting that on the one level we are not expecting any big news in terms of immediate opec policy here, but we are expecting to make some headway in terms of the x essential problems facing opec. megan: does everybody agree with the take on the oil market? ryan: no. the gulf countries are effectively saying, look at how the oil price has risen nearly 80% since february. that is because we are leaving this to the market. a lot of other country say wrong, that is supply disruptions pushing things up. there will be a pretty robust argument but at the end of the day, the expectation is that the saudis and gulf countries will get their way. jonathan: let's get a check on the market. may, very much about the federal reserve and renewed recalibrated expectations. we kickoff june with a very japanese thing. prime minister abbe confirming confirming the tax hike will not happen until 2019. significant yen strength. dollar-yen pulls back. 1.16%, the by biggest one-day drop since april. it i

maybe happy talk, but of course, in doha which is not a opec meeting, but semi-opec meeting the conflictas between saudi arabia and iran. and saudi arabia basically saying that we won't do anything unless iran also agrees to do something, so you felt that there might be some tension there. and coming out of the meeting afterwards the iranian oil minister who hardly ever talks at all came up to our camera, and when i asked him, basically, the mood of the meeting and did you have conflict, and this is what he told us. >> we had a very good meeting today, and i believe that in this time it was a very good unity between opec members and i didn't receive any resistance between the opec-member countries the do something against each other or to destabilize the market. >> so you are getting a loft the happy talk, and i will say un y unity, and we are all came together, and well, they did not make a deal, but one thing they were able to do which doesn't sound like a big deal, but they have not been able to do for the last couple of years which is to name a new opec s secretary-general which is g

some of the sense of urgency that was in doha has dissipated a bit. a picture for us there, about how airlines are extending the lives of these paragraphs. i -- the lives of these aircraft. is that a trend use the continuing? >> we think it will continue, but on the flipside of that, you have to remember, an airline cannot hedge itself long-term to fuel. an airlinel hedge spending $5 billion a year for 10 years. the only way to really protect themselves over the longer term is to have the most modern fuel-efficient assets out there. there seeing no let up of most modern assets. take the new airbus product. we have already leased 100 of those airplanes and have not taken the first one in yet. yes,tells you that while they believe there is low oil for a while, in the longer term, nobody we spoke with is assuming fuel will be that low for several years. anna: how right are they, gus? there is a concern that mabye airlines are being encouraged to put a lot of capacity into the market with oil prices so low right now. but maybe the demand is not there and

medicat the song is solid but what doha you think about havingavin references.rences >> are the approvalsn't need a reference -- he - if he wants to set an example ep you can leave those referencesen out and say look somebody who w walked these halls went on tosen great things.greathings. >> that's part of his life probably.ab. what he's talking about. >> but you're dealing with students here. >> sure, yeah. sur yeah. >> but you never know thehe approvals could have been likeco yeah come on in but you don't knowul i what's in the rider bud you don't know if it's liket's l don't use these references o if it was like come on in herene and you don't know what thewh editing is about.s about >> i'm sure they knew the song g before they approved it. i >> i would agree he. >> do you think the school --in do you think the school'she sch' responsible? do you thinksi there's a problem with the song? wblhat do you think.hat . >> well, i wish that -- fettyety wap -- let's be honest gott go his -- he was doing the music m in the clubs and the strip s clubs, that's who he is, 1730, 3 you know, i get it

a doubt about the value of opec, where it is willing to contribute to the space that came in after doha. i think there is a desire to move forward. it is an institution that the members are vested in. they want to see it move forward. the only way we can do that is by sending this signal, coming level ofove -- some agreement. we could see something different today than what we have seen before. have been forecasts spot on. where do you see the oil price in the second half of the year? >> we will be in the range of $40-$60 a barrel. i think the midrange, right around where we are now. as youcould see swings see more cost cutting, bankruptcies come to the oil patch. even a $50 a barrel, a lot more companies are going to blow up. ryan: if the fed raises rates, how does that change things? jason: there will be some pressure on oil in the near term and the next president to come on and encouraged the arbitrage. that would be negative for u.s. growth. that is why we see the average around $50 for the end of the year and not higher. ryan: where do you see the oil price in 2017 and beyond? high

now, remember, the doha producer meeting in april, the issue there was a standoff. they couldn't agree and almost everybody we pulled thinks that's going to be the issue thlt. much of the year, the crude price has been driven by oversupply or they're adding others in here that they think politics will be the second biggest thing that move oil prices this year. and it proves to us that oim prices still matter. the demand has been key and that's been part of the rally that we've been seeing. at this point, we see a little bit of a demand in the pick up, but it is seasonal for summer driving. what i thought was most interesting about our survey was while many people believe the summer driving rally is going to end around july 4th and prices will temper a bit, more than 50% of our respondents feel wti is going to close the year right where we are now between $40 and $50 a barrel. >> i'd say it will be around 75, 85, whether it's 70. we'll see a range between 65 and 75. >> there were big changes on the street, but our poll hit this had the last couple of times that we di

the one in doha got ugly. , the saudi'sinute came in and said we are not going to do the deal.making efforts to be friends to people, to show some willingness and flexibility. yes, we have a non-decision in the end, but at least that has not changed that tone. put, are we clearing markets? is the supply glut going away? stuart: it seems to be going in that direction. you have to because his. supply numbers are being skewed by nigeria and libya and places like that. i would not take the numbers now as an indication of what is going to happen in the future, but the consensus seems to be that we will clear the glut in the second half of the year, going into 2017. tom: stewart wallace, thank you so much. howard ward with us. you see the banner up there about exxon mobil. would you just buy them, own them, monitor them, or just hold on? 30-year track record, 12% for year. is this the mother of opportunities for howard ward and big oil? howard: i would not go that far, only in the case of big oil -- exxon, chevron, and a few others -- they are having a difficult time replacing their

agriculture and export subsidies, but also a recognition that there was no longer a consensus that the doha round should continue as is, and we should be focusing on creative ways of dealing with outstanding issues, but also new issues facing the multilateral trade system. onever, our view unilateralism is that tpp and ttip will have trade with two thirds of the global economy. when you've got two thirds of the global economy beginning to get their head around a certain set of rules, work the difficult issues that allow them to open their markets, it helps give momentum to the multilateral process. ultimately, we would like to see those rules multilateral lysed. right now what is probably the most open, frank discussion going on at the wto in 15 years, both ministers and ambassadors in geneva are really talking about what is it that we can get done multilaterally, with the other countries join over time. when circumstances are right, you can multilateralize it. on dispute settlements, tpp, over the years -- i'll give a one minute background. there are 3200 agreements in the world that have

sing let them marinate on that doha what they will. >> activating life.> can you say who. w >> i can't. >> but -- we'll google it. >> i think she's -- she's so shs loyal to donald trump but this s very loyal woman.very loyal wom. when she's with you, she's withh you. one of the best re you ever had was of course withh michael duncan.lun we know him. him. and he just loved me so much asa her friend and i just want you t to have that happiness again. >> you're going to make me cry.y >> paul i wonder to get a sense with you with this segment we'r' talking about you startedout u t talking about your vision for it was. people watching at home they're seeing this and saying wow thisi is a fabulous panel.an so am i going to begin like thit kind of level of whoa every timm and can i keep up with thishi fabulous crew?re >> one of my favorite things to do here on good day is talk is t about the red carpet. cpe but this is d.c. d so worry if the always steppings on red carpets we're stepping on the red line on our way to workw so i'm going to help you turn tr few he

i think this is what we found in the doha talks, was that you do that, now you've got 150-some countries, maybe 160. and now you've got to try to get unanimity. the big split that we saw comes back to this question about the u.s. approach versus the chinese approach. do you try for sort of high standards and ambition or do you try for something that's sort of much less ambitious and much less useful. countries ended up split and it's not been clear how you move pass that impasse. just as the ambassador said, there is a path sort of from the ground-up where you do tpp and ttip and they come together, then others join. it would be nice if you do it from the top-down. a dozen years of trying has not been very effective. >> well, i'm not going to try to herd cats. rather, i'll just say that we need to conclude now. i will provide guidance for how to get to lunch. people will tend to respond well. lunch is served upstairs one level in the egger conference center on the second floor. take the spiral staircase up. there are restrooms on the way, on the second floor, at the yellow wall. i thank

but also a recognition that there was no longer a consensus that the doha should continue as is and that we could focus on creative ways of dealing with outstanding issues but also new issues, whether it's ec commerc. when you've got two thirds of the global economy beginning to get their head oornd a certain set of rules, you know, work the difficult issues domestically that allow them to open the markets, it gives momentum to the process. we would like to see the rules multilateralized. that is the goal. right now is the most open frank honest discussion going on at the wto in 15 years with ministers and our ambassadors in geneva are asking what is it that we can get done multilaterally, with the goal that other countries would be able to join over time. and when the circumstances are right you can ultimately multilateralize it. on investor state dispute management, interesting tpp over the years -- got to give the one-minute background. there are 33 agreements that have state disputes. u.s. is party to 51 of them. since 2000 we've been working in all of our subsequent agreement to ref

. >> i will doha >> we should get one.et nobody wants it.t.e takes uber. >> yeah. >> how about an nba driver legend driving for lyft. lyf that's what happened with some h lift passengers in atlanta theye were picked up by none otheronee than shaquille o'neal.ea publicity perhaps.ha shack went undercover -- >> that looks like shack.ehack >> please, shack. okay. he wore these wigs outfits and t did accents which probably werew borderline offensive, as he h picked up unsuspectingct passengers.passen best part --art (laughter). >> there you go. >> best part none of them recognized him until he took his -- cull on you guys. gs. sir, really? you didn'tn't recognize that shaq.. >> okay. that's pretty funny.'s pretty fu >> i can't take that seriously. >> it's funny, though.t's fuy, t >> you don't know that's shaq.q >> i would think that would be aqaq. >> that might be the worsebe t r disguise.. >> that looks like shaq drivingg a car. car driving lyft. l >> come on shaq. he needs -- does he have a job? he's a commentator.ommentat >> he's doing well.ll

doha >> that's stupid.hat's id idiotic.ti but nonetheless, police were out there.the.l.co lebron james, though had a triple double last night.ig 27 points, 11 rebounds, 11s, 11 assists. assists. he was also named the final's mvp look at the celebration ceba right there the moment, wow. w >> it's over.r. cleveland is a city of champio champions. >> you like seeing that. any time there's championship it's alwreays fun to watch to especially when it's your team.a >> i'm imagining those arese are wizards jerseys one day. d one day. d >> that is hopeful. >> scott brooks the new coach nh lots to be excited about withbow him on board.rd >> yeah. >> fingers crossed. in the meantime, king james fntk receiving a lot of congratulations even one from ee the white house.ite h he the president we should say y stayed on air force one after coming home from yosemite for an extra 20 minutes to watch the final minutes that game. g what does he say? what gamehatg what a series for the cavs. thumbs up.bs >> i just added that. i j i don't know if he did that.knoe >> he could.ould. >> thumb

it failed at the doha meeting. so the venezuelan minister is proposing a per country cap.we are talking about some new ideas. the possibility to have like a supply production range per country. not to have a definite number. to have a range of value for the evolution between minimum and maximum and have that band of production. >> so really at any time we could get the decision that opec is going to keep things the way they are, which may put downward pressure on oil. they could come to a keel. we don't know. that's why we're here. >> that's a nice. that's not a junket. you're working. vienna. enjoy it while you are there. >> and tell you what. if i was a faster runner i could cover boast the ecb and the opec for you. because the ecb is meeting like three blocks that way. i'm just slow. i can't do it. i'm not kidding. >> wow. all right. >> all about vienna. it's total sausage fest. [ laughter ] >> to the broader markets now. another check on u.s. equity futures. now down about 11. yesterday it was -- wow. crazy wow. closed up two. the yield on the ten year now about 185 or