reuters business correspondent, tom bergin, and kate andrews, director of news at the institute of economic affairs. tomorrow's front pages: the daily telegraph says brexit negotiators have been accused of trying to "ram through" a £36 billion divorce bill while most of the cabinet is on holiday. the picture showsjessica ennis—hill collecting her 2011 world championship heptathlon gold medal earlier this evening, after the original winner was banned for doping. shortly he should plan and the times reports record levels of violence and abuse against vulnerable patients at mental health trusts were reported last year, amid accusations of "endemic" use of force in the nhs. the guardian says 13 areas of england have restricted or completely halted ivf treatment for women since the start of the year, with a further eight consulting on taking similar steps. the ft says financial institutions have paid more than $150 billion in fines in the us, relating to the credit crisis. four in 10 care homes failed inspections this year which means 70,000 elderly residents are at risk, according to the daily mail. th

reuters business correspondent tom bergin and kate andrews, director of news at the institute of economic affairsus for the kate joins us for the first time whereas tom is a familiar face. nice to have you here. let's look at the front pages, starting with the daily telegraph which says brexit negotiators have been accused of trying to push through a £36 billion divorce bill while most of the cabinet is on holiday. the picture shows jessica ennis—hill collecting her 2011 world championship heptathlon gold medal earlier this evening after the original winner was banned for doping. the times reports that record levels of violence and abuse against vulnerable patients at mental health trusts were reported last year amid accusations of endemic use of force in the nhs. the guardian says 13 areas of england have restricted or com pletely areas of england have restricted or completely halted ivf treatment for women struggling to conceive since the start of the year with a further eight consulting on taking similar steps. the financial times says financial institutions have paid more than $150 billion in

diplomatic sources quoted in brussels yet just days later writers reports that german minister of economic affairsand energy. is urging you countries to retaliate against the u.s. for the sanctions stating quote we consider this as being against international law plain and simple why because it means the united states is dictating who country is can buy gas from yeah russia provides about one third of europe's gas prices lower than competitors which is why many countries have been doing business with them for decades and while many like to call gazprom to have it of lowering prices to be competitive as evil and manipulative most of us would simply call it smart business so if congress who has been pushing through deregulation and tax incentives for fracking throughout the obama administration is now pulling countries under the trumpet ministration into limiting their access to affordable energy sources who's really using policy as a weapon but they're well encouraged because the. us complaining about another country using policy as a weapon. as ridiculous that's ridiculous i mean it's we're doing

tomorrow's papers with tom bergin from reuters and kate andrews, director of news at the institute of economic affairsd of trying to ram through a £36 billion divorce bill while most of the cabinet is on holiday. the picture showsjessica ennis—hill collecting her 2011 world championship heptathlon gold medal earlier this evening, after the original winner was banned for doping. the times reports record levels of violence and abuse against vulnerable patients at mental health trusts were reported last year, amid accusations of endemic use of force in the nhs. the guardian says 13 areas of england have restricted or completely halted ivf treatment for women since the start of the year, with a further eight consulting on taking similar steps. the ft says financial institutions have paid more than $150 billion in fines in the us relating to the credit crisis. four in ten care homes failed inspections this year which means 70 thousand elderly residents are at risk, according to the daily mail. the metro features the british model who was kidnapped in milan and says she feared she would be killed. and the s

business correspondent for reuters, and kate andrews — director of news at the institute of economic affairsrd has suspended its search for two men missing after a boat sank off the coast of shoreham. four people are believed to have been on a fishing trip. one was pulled alive from the water very early this morning. the body of another was found later. police are looking into whether the boat was involved in a collision as sara smith reports. one of two coastguard helicopters scouring the water for any sign of the missing men. fisher men had found a survivorjust before 6am, two miles out to sea, suffering from hypothermia, with no life jacket or protective clothing. what we can say for certain is that whatever did happen happened incredibly quickly. there was no distress call, there was no emergency call, no indication to friends or family that there was a problem. the suggestion from one survivor that we have located is that within about 20 seconds, he was in the water, so very, very quick indeed. ten vessels from the nearby wind farm joined helicopters and in and offshore lifeboats. fishi

the cabinet committee on economic affairs, chaired by the prime minister, decided to block this purchase is according to people familiar with all of this. .aidi: yet another setback other conglomerates in china have had a rough timely -- of late. at the stock in the premarket session. a nice rally for the hong kong shares yesterday on the back of the earnings. the turnaround story is continuing. revenue is up, cost are down. confirmation of the rumors we heard to a return to billion dollars cash in investors. we are looking at the brexit cost now. is facing up to as much as $300 million in legal and relocation fees in its efforts to relocate thousands of staff to paris. this is an indicator of how much the brexit bill will be flooded by major financials in the u.k. it took a $4 million hit in the second quarter for these costs associated with the uk's exit. the outgoing ceo says it could rise to $300 million. are reiterating the warning that the fragmentation of the european banking industry is going to mean greater cost and responsibilities, and a burden when it comes to major lenders.

this issue is critical, and in the perennial debate over the proper role of government in economic affairs, it will grow all the more critical in the years to come. new technologies creating markets not even imaginable only a decade ago are spurring fundamental shifts in the economic landscape. in the national news, the merger between corporate giants or a new fine imposed by foreign regulators are becoming an acceptable thing almost every day. here in the senate, we increasingly see antitrust law dragged into larger economic arguments that are heavier in inflammatory rhetoric with careful deliberation. allow me then to offer a few thoughts on the matter and to directly address the rising controversy. america has always been and i have no doubt will remain the economic and be technological marvel of the world. cradled in the best traditions of the west and animated by a culture equal parts industrious, creative and restless, our system has produced the most prosperous people in human history. it has shown its shortcomings to be sure, but on the whole, the american economy is unrivaled by a

, and in brighton is christopher snowdon the head of lifestyle economics at the institute of economic affairsfind and how successful what you do is? we have been working in disadvantaged areas of leads —— leeds for 15 years and we try and level the playing field, essentially. so there is great inequality and disadvantaged areas. we offer a range of practical support and more general support as an example of the practical support we work with jamie oliver's ministry of food. we have projects that teach cooking skills, healthy eating, budgeting and shopping to people, offering them the chance to learn to cook from scratch and lead a healthier lifestyle. does it work? it does, it is strong evidence —based that shows it does make a huge difference to health outcomes. more generally, we offer people just general support and we are trying to lift them up and give them a leg up and inspire them to lead a more fulfilling life. let me ask christopher, i know you have a critique of certain bits of policy. it doesn't feel like policy has worked over the last 20 years in reducing these health disparities

the institute of economic affairs says a trade deal with the eu is desirable but not essential.at britain should walk away if bad terms are offered. global news 24 hours a day powered by our 2700 journalists and analysts in more than 120 countries. this is bloomberg. francine: nigel jenkins is with us. what do you make of what we have learned so far about brexit negotiations? our brexit negotiations advanced where we have a u.k. position or is the cabinet still discussing amongst itself? slowly. going very we are five months into the two-year withdraw period and not much has happened. i think the pace needs to pick up. francine: what kind of brexit will be u.k. want? >> in the end, the u.k. will want a pretty soft brexit. personally, i think it will be a deal,er to have no trade no ongoing or transitional arrangements that get to a different way of doing business with the rest of the world. lookingwhat we will be for. a lot of the talk of the so-called hard brexit from theresa may prior to the election was political posturing and not much more than that. awacine: what will the t

what if government didn't direct all of our economic affairs and people were selfish and wanted more money for their family. self-interests, trying to maximize profit leads to efficiency. capitalism is that supply and demand curve crossing. what's the result of it crossing and finding the intersection? the most amount of goods to the most amount of people at the cheapest cost. you want central planning, go visit venezuela, go visit cuba. [applause] sen. paul: conservatives are very good with the second amendment. that may be their best amendment, probably. i'm all for the second amendment. i am very supportive personally, in public and every which way you can think, but the thing is you have to think of all the bill of rights. you want to defend the second amendment, you have to really believe in the first amendment. without speech, discourse, the ability to organize and associate with fellow believers in the second amendment or any other amendment, you're not going to keep it but you also have to have the fourth amendment. i spend a lot of my time trying to protect the fourth amendm

that is the view of the institute of economic affairs.britain should walk away from talks if the eu offers terms that are protectionist. global news 24 hours a day, powered by 2700 journalists and analysts in more than 120 countries around the world. this is bloomberg. matt: thank you. a new survey finds half the german electorate is still undecided about whom to vote for. and nearly 60% of women do not know which party they will choose on september 24 and that is according to opinion research institute. joining us now is aiko wagner, a research fellow at the berlin school of social sciences. first to talk about this, aiko, is that because -- if you are not passionately driven to one candidate or the other, it doesn't matter to you who wins. you may not even bother to vote. is that how this is going to play out? aiko: i think 50% of undecided voters is not very unusual in germany. we have a large and growing population. they make up their minds only in the last week or days of the election campaign. but it is true, we don't have a very po

and mexico coming under pressure we're going to speak to the former head of economic affairs after thereak. then at the top of the hour the nation's top ceos speaking out about the president's handling of those events in charlottesville, virginia. trump supporter, foster frieses is going to join us at the top of the hour. squawk returns in just a moment. >>> welcome back to "squawk box. futures, again, right around the flat-line for most of the session now green again. up 2 on the s&p. a little over 10 on the dow. the nasdaq has been the strongest, maybe it was one of the weaker components yesterday. it's up. today the nasdaq indicated up 17.5 >> nafta negotiations expected to go through the weekend, and the u.s. came out swinging in the first round. the trump administration has made it clear that the number one concern is the trade deficit. joining us right now is former head of economic affairs at the mexican embassy, a senior adviser at the albright group. good morning to you. >> good morning. good to be with you. >> good to be with you help us try to understand where you think all

director, chris wilson, who is known to you for his work on have to wear he was the mexican economic affairs and on border affairs. and i am dunkin would -- duncan wood. very nice to see you. there has been an endorsement of anticipation. i first page of it says it is here. it is a strange moment, but at this time last year here at the wilson center we were holding a series of conversations about, the newder administration, how can we improve nasa? -- nafta? we were talking about modernizing nafta on understanding that a different person would be in the white house, because that was what everybody assumed. thewe were all saying, modernization of nafta is desperately needed, and how can we possibly do that?? opportunity to do it. there was a nice piece published this morning in canada that says this is a great opportunity to secure north america's competitiveness. this comes with an enormous amount of anxiety, anxiety about whether or not this can be a successful negotiation, anxiety about whether the u.s. executive branch will stick with it, anxiety about questions of timing and political ch

affairs. how has germany's role changed economically?omically and politically, in europe. its economy is expanding economic confidence is high, the unemployment rate is low, and merkel has a strong economic record to run on. david: when you look at the relationship between germany and france, a lot was made after the outcome of the election that that relationship would be stronger. have we seen that? nathan: i think if we have seen it, it is really in the embryonic stages. over time, if mccrone -- macron is able to get himself stabilized and stabilize the public approval rating, more of -ledpolar germany-france europe will be stronger and more effective than germany leading it by itself. i think it is in germany's interest to have a strong france and it is in europe's interest. david: you can watch our tv on the bloomberg. you can see all the functionality on the right-hand side and right beneath, you can ask a question. we will try to read those on air. this is bloomberg. ♪ ♪ is "bloomberg surveillance." coming up shortly, it is "b

killed there during three months of unrest-- ten on sunday alone-- amid an ongoing economic catastrophe. chief foreign affairs correspondent margaret warner reports. >> reporter: they came in the dead of night. venezuelan security agents descended on the home of opposition leader antonio ledezma, and took him away in his pajamas. meanwhile, security cameras captured the same scene at the home of another prominent opponent of the maduro regime: leopoldo lopez. in the aftermath, the families of the two former mayors said their fates were still unknown. >> ( translated ): in effect, we have knowledge that antonio is already in the ramo verde military prison. officially, we have not found out from the government. >> reporter: today, venezuela's supreme court said the pair were arrested for violating their house arrests; their lawyers deny the charges. the seizures came after sunday's deeply-divisive election to fill a new "constituent" assembly tasked with rewriting the country's constitution. the new body, filled with leftist supporters of president maduro, has enormous power: it can dismiss lawmakers and disman

recognize it one way or the other brit on the phone with us right now as a director of economic development of external affairs in galveston. galveston hit very, very hard with us and i'm wondering if you have any sense right now that when that port would be open again for business. it took a brunt of the storm but what sense you get? >> we are in constant contact with the coast guard as well as the cruise companies. we have carnival and royal caribbean that do business here in galveston and we are keeping our fingers crossed we might be able to do something either saturday or sunday, so i think if we can get that accomplished, that would be great. as you probably know, there's a lot of logistics that are involved and we've got to make sure that people can get here, can get to the airports. we've got to keep all of that in mind as we make those plans with the cruise companies. >> neil: you been working very intensely, i tip my hat to you. one thing from united airlines as they want to resume flights on thursday. others have talked about getting back to normal flights. i don't know if that applies to shipping i

a new era in which china will play a larger and more responsible role in global affairs, commensurate with it's economic. do you agree with that? >> yeah, i do agree, but china has to enforce those sanctions. 80% of commerce going into north korea goes through china. this is -- these sanctions will cost north korea one-third of their yearly income. but they have to be enforced. and there's a lot of cross border smuggling between north korea and china. so if china just kind of winks, this is not going to work, but the fact that china did not veto this resolution, that it also involves russia, north korean workers working in energy in russia and china too income that comes in, this could have a positive effect. and what i see the deal being, kris, is this, in exchange for dialogue with north korea, north korea stops testing missiles, short term, just find a way for the secretaries of state, the foreign minister of north korea to see if there's any common ground. keep it at that level. i think that should be the next step, but it's very uncertain how kim jong-un is going to respond, and i did think the pre

-mexico economic fairs and border affairs and i'm duncan wood. very nice to see you. let me say a couple of comments before we get into the -- sort of the substance here. there's obviously been an enormous amount of anticipation. my first page of notes says, "it's here", and it's a strange moment, but at this time last year here at wilson center we were holding a series of conversations undered current administration how can we improve nafta. we were talking about improving modernizing nafta on the understanding that somebody different would be in the white house, that's what we assumed. a modernization of nafta is desperately needed. and all of a sudden, hey, pres presto, we have an opportunity to do it. there was a nice piece in the global mail up in canada, this is a great opportunity to secure north america's competitiveness. the second point is, of course, this comes with it an enormous amount of anxiety, anxiety about whether or not this can be a successful negotiation, anxiety about whether the u.s. executive branch will stick with it, anxiety about questions o

affairs and foreign policy. asis also in his fifth term a member of the congressional u.s. china economic security review commission. heritage heing to served as the assistant secretary of defense for asian and pacific affairs and the george w. bush administration. he was also serving on the staff in the house with the central intelligence agency, the state department and active-duty naval officers. please join me in welcoming peter. [applause] good afternoon, welcome to heritage and our program on iran. since 2015, a nuclear agreement iran, iraq and yemen. iran's expanding influence in these war-torn countries have been facilitated by the dividends and sanctions provided by the nuclear deal. questions like how should the united states respond, which should be done about the flawed nuclear agreement. how can the united states targeting -- target at home. running is to discuss these and other issues is jim phyllis a senior research developer for affairs and foreign policy studies here at the heritage foundation. policya foreign specialists who has written and spoken on middle eastern issue

he founded a quarterly journal called "american affairs" which is largely sympathetic to the president's economicrk times" he says he can no longer stand by what he calls this disgraceful administration. and he writes, mr. trump once boasted that he could shoot someone in the street and not lose voters. well, someone was just killed in the street by a white supremacist in charlottesville. his refusal this weekend to specifically and immediately denounce the groups responsible for this intolerable violence was both morally disgusting and monumentally stupid. julius, welcome to "meet the press." you're split with him on character, obviously not on policy. can he get you back? >> no. and the reason is even though they were always directionally correct in some of the policies like trade, et cetera, in their popularity, and i believe they're actually good policies, but they never had a clue how to go about it. even when they had a chance to do it, they did the opposite on the most visible things like health care, et cetera. that's been the problem from the beginning. if you want to do things like trad

economics correspondent. by 1995, 21 years ago, he took over the paper's foreign affairs column and has been at it ever since. this is a commentary in 2002 and those that follow the column know they are not just about foreign affairs into the traditional sense of diplomacy and international conflict. they also deal with globalization, the, finance, technology and a number of other issues relevant to how the world works today. the previous books have exhibited a wide range of interest as well as the same engaging conversational style that is characterized in the columns. tom writes for the general reader and as we are about to hear he pitches the talk for the general lister, to ask a please join me in welcoming tom friedman. the last time i was here, my daughter was here and my son-in-law was here. they are in the front row. to give a general overview than we have microphones then we have microphones in the front so i'm looking forward to your questions. the title of the book thank you for being late. where does that come from lacks the title comes from people in washington, d.c. for breakfast over the years a

united states bring to this form on matched military political, economic, and moral strength, rather than deny this international affairswe embrace it. for the world is an arena, where the biggest guy in the arena and we are going to use every bit of our force for our advantage. that is a very different view of the united states and its role in the world that we have seen since world war ii. now, how does this apply to trade? the president has said clearly, over and over again that he wishes to undo the unfair trade deficit that he believes exist against the united states for decades. he has said this during the campaign. he said it repeatedly during his presidency, he is tweeted about it. germany is very bad for having an 80 billion-dollar trade deficit with us. he talks about trade deficits with mexico, china, and others. the response i hear from some is well look at the actions, not the words. sometimes that this president he changes his mind, he says different things at different times and can embrace different arguments. i would argue in trade. i've looked at his thinking on these issues for many years. on trade an

affairs. these are systems that are political and social and economic. they are revolutionary changes, in ways that would not otherwise be possible. a change ofead to .ower in the government open up possibilities for states to do things they could not otherwise do. both to prosecute the war and to take advantage of the crisis that they see. in the first world war, one of the key examples is the so-called defense of the realm act, passed in great britain with no debate in parliament severely limiting the rights of free speech, bartenders to keep their bars open, all kinds of things that would have been unimaginable. wartime makes them possible. u.s., the civil war and the first world war led to the curtail of rights and the suspension of habeas corpus. elected the growth of government control over legislature, the courts and the economy. it also created new political environments. i was going back to the one real civil course -- civil war coverts -- civil war course i took. it was not so much about the war, it was about what this new political space made

economic reform to britain and were considered socialist. when he fell in love with with macmillan's wife dorothy that affair was lifelong in this was the few years after was prime minister. he was devastated by the affair. but to break tradition he continued to align himself and they did work very closely together and a circle around each other but with push came to shove they worked very closely together. the last of the four probably is not that well-known but it shows that of churchill as a journalist and held several cabinet positions he had known churchilchurchil l's since they were schoolboys and they met with the 14 year-old winston push him into the swimming pool. that incident set the tone for that testy relationship that they had for the rest of their lives they were rivals they did not get along very well with each other his diary is filled with references and as a good friend of neville chamberlain but avery was responsible for bringing churchill to power in joined the anti-peas in a rubbles in 1937 half jewish himself it was very much a secret until after he died. a year-and-a-half later speaking now very strongly as what he s

affairs coalition and today city and state officials celebrated their accomplish many. the students who participated range in ages from 14 to 18. the program is aimed at students and economically disadvantaged families. >>> the city of philadelphia finding new ways to go green. mayor jim kenney and other city officials honored inaugural find your power class day today. filled with students learning job ready skills row late to do clean energy and solar installation. six week course offered to high school students looking to pursue green energy careers. the instruction provided by officials from a company solar states which deals in solar installation. >>> in tonight's hang's take the powerball jackpot is huge once again, and whenever that happens, there's a run on the lottery machine machines. also of course, a lot of new stories about people drunk on the hope of getting rich. well, hank has got a cold dose of reality and a way that he thinks you shall better spend your hard earned loot. ♪ >> reporter: give me the ten dollars each. that will be $20 i will spend it on gasoline to take my family up to maine this weekend. [ laughter ] >> deal? >> sorry new york city. >> i need to

department, he talked about economic war with china and knocked specifically one assistant secretary and acting assistant secretary at the state department running east asian affairsso that now changes and the foreign policy of the trump administration now moves forward without steve bannon at the white house. the president yesterday convening his national security team at camp david to talk about strategy in afghanistan. the president tweeted on that again, he said, quote, important day spent at camp david with our very talented generals and military leaders, many decisions made including on afghanistan, still unclear from the white house whether the president will decide to send more troops, decide to mix in more contractors or what the policy will be as we wait announcement from the white house. kelly, back to you. kelly: a lot on the plate. melissa: coverage of the counterprotest in boston continues which remains largely peaceful about concerns of violence after one week of charlottesville. former member of the fbi joint terrorism tasker force weighing in. that's ahead wise man, i'm nervous about things i can't control... affecting my good credit score. i see

affairs. of course much of it is being foisted on him. it is what is happening on the economic front if we look at what he is doing on climate, it is a huge giveaway to the oil, gas and coal industry. something like one of the first things he did was roll back obama's initiative for the fuel efficiency standards and another one of his very early decisions was to go after the new requirements introduced at the end of obama administration. a better document of methane leaks in the gas industry because we actually don't know the extent to which the gas industry in particular is leading to a major spike because it's reall really not a trafficy well so there is a new measure companies would have to abide by and this is one of the first things that they moved to eliminate very profitable and also means we will not have accurate information about how much emissions are going up so those are a few examples. the whole health-care plan that was celebrated in the rose garden is a huge giveaway of the backdoor tax giveaway is the redistribution of wealth and i think it is unfortunate that

economic leverage that they have in the region. but beijing is now pushing back. the ministry of foreign affairsea. and china's ambassador to the u.n. saying that pyongyang and d.c. need to work to deescalate the level of tension on the peninsula. china has condemned north korea for that latest icbm launch but say that rhetoric coming from the states has also contributed to tension. they say there needs to be a deescalation as the u.s. continues to say that all options are on the table when it comes to dealing with north korea. dave? >> live for us in seoul. thank you. >>> let's get a check on cnn "money stream" this morning. looking at stocks, global stocks and u.s. futures are in the green this morning after the dow hit another record high. the nasdaq and s&p fell after we saw a drop in tech stocks bike facebook and google parent alphabet. still, all three major indices closed the month with the best gains since february. >>> tesla stock dropped 3.5 perfect after founder elon musk warned about manufacturing hell. that's his words. the electric carmaker is ramping up production of its new mass-

the united states as a power in international affairs, these are systems that are political, but they're also social. they're cultural, and they're economic. they are revolutionary changes in ways that would not otherwise be possible. third, total wars lead to a growth in the power of government and they lead in that great political phrase to politicians never wanting to let a good crisis go to waste. total wars open up possibilities for states to do things they could not otherwise do. both to prosecute the war, and to take advantage of the crisis that they see. in the first world war, one of the key examples of this is the so-called defense of the realm act, passed in great britain within a week of the war beginning with no debate in parliament. severely limiting the rights of free speech, severely limiting the rights of bartenders to keep bars open, all kinds of things that would have been unimaginable in great britain, war time makes them possible. in the united states, both the american civil war and the first world war led to the curtailment of civil rights and the suspension of habeas corpus. it led to the growth of executive power,

responding to new economic sanctions that were passed over the weekend. our chief global affairstha. >> reporter: good morning, again, robin. these threats are a response to those tough new sanctions passed by the u.n. security council saturday against north korea that could cost them nearly $1 billion a year. u.n. ambassador nikki haley saying those sanctions are a gut punch and secretary of state rex tillerson is in the philippines today saying overnight that the strongest signal north korea could send is to stop the missile launches. that latest intercontinental ballistic missile launch nine days ago showed north korea's missiles are potentially capable of reaching the eastern u.s., robin. >> all right, martha, thank you. michael. >>> we have a special moment for star quarterback tom brady who is reminding us family always comes first. actually this is a special moment for his mom because mrs. brady has been fighting cancer and now has her very own super bowl ring which she's showing off right there. it's a special gift from patriots owner bob kraft after she inspired everyone

economic liberty and sharing economy and criminal justice reform and policing. he holds masters degrees in public policy from george mason university school of policy, government and international affairs. he graduated summa cum laude from bowling green state university with a bachelor's degree in history and political science. with that we will go to dock their -- doctors lisa knepper. >> i'm not a doctor i appreciate the permission. more workers than ever need a permission slip from the government before they can do their job. that permission slip of courses called an occupational license and to get one you will have to meet certain criteria established by the government. you may be required to attend school for four years or cosmetology school college for four years or cosmetology school for 1600 hours. you may be required to apprentice in her occupation for two, three or four years. he may have they to pass an exam or two they nearly always you will have to pay a fee. the share of the american work horse subject to licensing red tape has been on the rise since the 1950s. back then just one in 20 americans needed a license to work. today that figure is closer to one in four. as terr