they cheered emerson mnangagwa and mocked robert mugabe.ey were met, the soldiers we re wherever they were met, the soldiers were fated. we moved back up to the city into the rapidly gathering crowds. we have just city into the rapidly gathering crowds. we havejust come city into the rapidly gathering crowds. we have just come from parliament and we are on the streets and the celebrations have started. many are celebrating the end of the age of mugabe. now it is over. but in theirjoy they age of mugabe. now it is over. but in their joy they also know they must be vigilant. i think people will rejoice tonight, after that we really have to be about the serious business of building our country. we cannot make the mistake of having the same kind of leaders in place to build our country, we cannot afford that. remember the longer road to this moment? the people who endured white minority rule? and then they saw their independence become tyranny. they found themselves suddenly free. our africa editor fergal keane. our africa editor fergal keane.

for the rest of you, we'll have more on the address of emerson mnangagwa.e can be hectic. that's why at xfinity we've been working hard to simplify your experiences with us. now with instant text and email updates you'll always be up to date. you can easily add premium channels so you don't miss your favorite show. and with just a single word, find all the answers you're looking for. because getting what you need should be simple, fast, and easy. download the xfinity my account app or go online today. >>> former national security adviser michael flynn's lawyers say they will no longer share information with president trump's legal teams. sources say this might mean he's preparing to plead guilty. >>> president trump makes a surprise visit to the troops for thanks giving where he praises his own leadership. >>> and bargain hunters, today is your day. black friday shopping already under way. why retailers are counting on you to splurge. >>> good morning and

they cheered emerson mnangagwa and mocked robert mugabe. the soldiers were fated. we moved back up to the city into the rapidly gathering crowds. we have just come from parliament and we are on the streets and the celebrations have started. many are celebrating the end of the age of mugabe. now it is over. but in theirjoy they also know they must be vigilant. i think people will rejoice tonight, after that we really have to be about the serious business of building our country. we cannot make the mistake of having the same kind of leaders in place to build our country, we cannot afford that. remember the longer road to this moment? the people who endured white minority rule? and then they saw their independence become tyranny. they found themselves suddenly free. more than 10,000 criminal cases may have been affected by alleged data manipulation at a forensics laboratory in manchester. it's a lab that's used by police forces across the uk. around 50 prosecutions, for driving offences, have already been stopped because of concerns about drug

they cheered emerson mnangagwa and mocked robert mugabe.ver they were met, the soldiers were fated. we moved back up to the city into the rapidly gathering crowds. we have just come from parliament and we are on the streets and the celebrations have started. many are celebrating the end of the age of mugabe. now it is over. but in theirjoy they also know they must be vigilant. i think people will rejoice tonight, after that we really have to be about the serious business of building our country. we cannot make the mistake of having the same kind of leaders in place to build our country, we cannot afford that. remember the longer road to this moment? the people who endured white minority rule? and then they saw their independence become tyranny. they found themselves suddenly free. our africa editor fergal keane. after nearly four decades in power, robert mugabe is the only leader many zimbabweans have ever known. our zimbabwe correspondent, shingai nyoka, has been talking to some of the people celebrating in the capital harare. street parti

and emerson mnangagwa, the political brain behind the coup and president in waiting.rnoon the mps and senators had moved to a hotel to accommodate the specialjoint session of parliament. they were watched by the public in what felt like a rare moment of true democracy here. people are suffering, this mp said. and then the moment. a letter was handed to the speaker. he read it first himself and then to the world. a letter from the president... he was muffled but the words were momentous. ..notice of resignation. cheering. many who a week ago would have cheered robert mugabe now exalted in his fall. and we are here right at the moment that they heard that robert mugabe has resigned from the presidency. you can hear it, cheering from zanu—pf mps, from opposition mps and from members of the public who have come here to witness what was happening. they did not expect it. they thought this would be a potentially elongated process of impeachment but it has not happened. he has gone, it is over. a week ago most foreign journalists were banned here. today, mps were eager to sp

their hero today is their new president, emerson mnangagwa. because the new man is not the old one. >> i, emerson tsh. >> zimbabwe's new president took the oath of office and signed the paperwork. >> emerson has put pen to paper and has become the third president of the republic of zimbabwe. >> mnangagwa asked the nation to let bygones be bygones. >> there is a lot we can do in the present and in the future to give our nation a positive direction. as we do so, we should never remain -- of our past. >> with incredible speed, the posters and the flags have been printed for this new dawn and the country is in the grip of a new positive energy. it's quite something. to witness a people who have had no voice suddenly come back to life. >> so here we are, a new energy has been infused into this nation which has been asleep for so long. are you all happy? >> this apparent coup has been very strange. everybody expected the sound of guns. make no mistake, this is the army's man. for decades, he ran the forces from behind the ministerial desk. now they h

they know the new president emerson mnangagwa is tied to the old ways and they also see opportunity. correspondent: zimbabwe has the ingredients for economic growth. plans for resources and plenty of human capital, but under mugabe, the country took a detour from its african neighbors. it began when the government started seizing land from white farmers. the economy nearly folded in half. it was the strongest contraction of its kind during peace time according to the world bank. poverty rates surged. things began to improve in 2009 after zimbabwe abandoned its local currency for a multicurrency regime. inflation fears are back. investors have put their money into stocks as the mugabe government started creating a qualified money -- qu azi-money. can it solve a liquidity crunch? >> fixing the economy is an important issue. giving confidence to investors. we need to get our country going once again. correspondent: economists say the structure for zimbabwe's success is there but the question is whether the leadership will be. david: sales are up but earnings are shaky. management is for

german market yesterday >>> let's talk about politics in zimbabwe these are live pictures of emerson mnangagwa as he is being installed as president of zimbabwe after the resignation of rob berert mugabe a lot of people wonder as to whether we'll actually see a shift in governance in zimbabwe given that he has been part of the party and the establishment for so long. these are some live pictures from zimbabwe at this point. e-mail the show. the address is streetsignseurope@cnbc.com you can find us on twitter, streetsignseurope@cnbc and tweet me at @carolincnbc >>> we will go for a quick break. coming up, consumer coaxing. china cuts import tariffs on products from food to pharmaceuticals in a bid to boost domestic spending. more details after the break zar: one of our investors was in his late 50s right in the heart of the financial crisis, and saw his portfolio drop by double digits. it really scared him out of the markets. his advisor ran the numbers and showed that he wouldn't be able to retire until he was 68. the client realized, "i need to get back into the markets- i need to get back on

fergal: in the audience, a first lady in waiting, the wife of emerson mnangagwa, whom the party wants as president. how are you? will your husband be coming soon? >> i'm not commenting on that. fergal: everybody is waiting to see him. thank you very much. well, you can here the emotions are building here, and this is a parliamentary party set on getting rid of robert mugabe. they share that ambition with the people of zimbabwe and the military. >> listen, when the people have spoken, that is it. the people have spoken in zimbabwe. fergal: but the generals are in a bind. they banked on robert mugabe caving quickly. however, last night's rambling speech to the nation made no mention of resigning. president mugabe: i will preside over -- fergal: he appeared detached from reality, talking about presiding over a party congress. the question is whether the generals allowed this to happen. the old days of shooting leaders are gone. a human rights lawyer was once persecuted by robert mugabe. she says the generals and mr. mnangagwa want to be seen as acting constitutionally. >> zimbabwean cult

we have witnessed in the last few days, it was actually triggered by the decision of sacking emerson mnangagwaer from him mnangagwa, so grace mugabe would take overfrom him and mnangagwa, so grace mugabe would take over from him and eventually the president of zimbabwe. that is what many veterans who fought in the liberation struggle found unacceptable. they could not bear the thought that grace mugabe, once a typist in robert mugabe's office, would now be leader of the country when people who went to prison, people that spent time in prison, robert mugabe himself spent ten yea rs robert mugabe himself spent ten years behind bars, fighting white minority rule. many of his comrades are still alive. it would be a shame, as faras are still alive. it would be a shame, as far as they were concerned, to see grace mugabe taking the number one job concerned, to see grace mugabe taking the number onejob in the country while they were still there. milton, many thanks for your thoughts and analysis. we understand that meeting between robert mugabe and the generals is still going on right now here in hara

what the opposition is calling for, in many ways this would be a test for emerson mnangagwa -- if heto take over this transitional government. will he adhere to the constitution and only stand as president for the remainder of robert mugabe's term. brent: christine, what about robert mugabe and his wife grace? do we know where they are tonight and we know what is going to happen to them? christine: that's a very big unknown. there is a lot of speculation around that. the family owns a lot of properties and a number of places around the world. this includes south africa, singapore, a few other countries on the continent. we do imagine they have struck some kind of a deal that they will be protected if they choose to remain in zimbabwe. but we do not know what choice he will make. looking at the last few days, the defiance he has had, robert mugabe has really possessed this country. when he spoke of zimbabwe, he said my zimbabwe. i think it will be difficult for him to step up and leave and have to retire in exile, but that might be the best option for the family. but we don't know at

the crowd have new heroes — the general who arrested robert mugabe, and emerson mnangagwa, the politicalind the coup and president—in—waiting. by mid—afternoon the mps and senators had moved to a hotel to accommodate the specialjoint session of parliament. they were watched by the public in what felt like a rare moment of true democracy here. "people are suffering," this mp said. and then the moment. a letter was handed to the speaker. he read it first himself and then to the world. a letter from the president... he was muffled but the words were momentous. ..notice of resignation. cheering and applause many who a week ago would have cheered robert mugabe now exalted in his fall. and we are here right at the moment that they heard that robert mugabe has resigned from the presidency. you can hear it, cheering from zanu—pf mps, from opposition mps and from members of the public who have come here to witness what's happening. they did not expect it. they thought this would be a potentially elongated process of impeachment but it has not happened. he has gone, it is over. a week ago most for

i think what we would see is possibly a transitional government with emerson mnangagwa effectively running speculation he could go to south africa. there had been reports grace and —— grace mugabe had gone to namibia. we believe she is still here in harare under house arrest as well. for people tuning in and who wonder why mugabe has got this iconic status... he basically liberated the country. it was under colonial rule that had tremendous force in its day but his legacy has been very much tarnished by his time in office. yes, he was the great liberating hero. he fought the great liberating hero. he fought the war of liberation, the war of independence against white minority rule. he came back into harare from exile in mozambique in 1980 to absolute adulation, the polar opposite of what we are seeing right now, 37 years later, when it's frankly humiliation for him. kicked out of the leadership of the party that he loved and that he has led for 37 years. it is all over for him. but during that role it went from a bad to worse, political repression, atrocities, economic mismanagement and a

ousted vice president says he has spoken with robert mugabe and has been invited to come home emerson mnangagwaays he won't return until his safety is guaranteed he has joined the growing voices demanding that mugabe step down. chris, how fast-moving are events on the ground today >> very mafast moving. as we speak there's a zanu-pf caucus going on ahead of a vote which we understand will take part this afternoon. the parliamentary debate begins at 2:00. what will happen is the zanu-pf party will impose a motion of impeachment against robert mugabe and the mdc, movement for democratic change will second it bearing in mind these two parties have been at each other's throats for the last 20 years or so. this is a big thing forward. what will happen, there's going to be quite a long debate in parliament this afternoon. then there will be a vote. what's needed is 50% of the vote for impeachment plus one vote on top of that. according to my sources there. what will happen, if that is successful, it will be a committee set up to investigate mugabe, to look at his unfitness as leader, look at some of

politics, the people have spoken that's what zimbabwe's new leader said in a triumphant speech emerson mnangagwaled a new era for zimbabwe speaking at the headquarters of the panu-f party, the president promised to lead into a new era. >> the people have spoken. you yourself said if the people say i must step down, you shall comply this is the time to comply this is ts is the voice of the e today we are witnessing the beginning of a new and unfolding democracy for our country. >> now, lebanon's al hariried si the last three weeks should be a wake up call he returned to beirut nearly three weeks after his abrupt resignation in a broadcast from riyadh on november 4th hariri's shock announcement and stay in saudi arabia prompted speculation that he was being held captive by the kingdom a hariri left saudi arabia on the 18th traveling to paris on the invitation of emanuel macron who weighed in to try to diffuse tensions his reversal ends a turbulent few weeks and could ease a developing crisis between saudi arabia and hezbollah speaking to a crowd of thousands during lebanon's independence day on we

if it is emerson mnangagwa who takes over, how much of a break from the past will it actually be?ment when zanu—pf decides that direct confrontation is the only way of defeating settler colonialism. that's the reason he joins the armed struggle. in that sense he hasn't finished. you can see the independence, the land distribution programme, the alliance with the global site is a continuum in that sense. so i don't see a change in that particular trajectory, that stitching together that underpins zanu—pf. in fact we will see a sharpening of that. i think we will see much more pulling together, bringing zanu—pf back into line. so that what appears after this weekend is much more united than it has been for the last ten years, i would say. do you think there is any chance of some kind of unity government with the opposition involved, or do you think that zanu—pf will simply want to carry on npower and rule on their own? useful comparison is 2008. in 2008 it created a situation where neighbours and institution it was we re neighbours and institution it was were breathing down zimbabwe

legitimately in 1980, but does not, imean legitimately in 1980, but does not, i mean doesn't emerson mnangagwan't think emerson mnangagwa can end up on top if the constitution is followed. we need to go for a transitional authority which will then end up with free and fair elections at the end of it, with possibly mnangagwa or tsvangirai end of it, with possibly mnangagwa ortsvangirai and end of it, with possibly mnangagwa or tsvangirai and someone who would ensure that things were done properly an internationally run election could happen. we will not get a free and fair election so long as mnangagwa is running the election. so what has to happen then? i believe that there has to be a transitional authority established where those that the coup leaders if you like get together with the opposition, they thrash out a plan whereby we are working towards a free and fair election and we run with that. it's obviously going to bea with that. it's obviously going to be a big risk for mnangagwa to do that, but they pulled it off last time in 2009 and i believe that they will believe they can pull it o

but the events over the past 24 hours could see mugabe replaced instead by emerson mnangagwa, the deputysacked earlier this month. long-standing mugabe allies now speak out against him. >> what zimbabwe's been sliding into was a state of chaos. and for that reason, war veterans here do stand with zimbabwe's defense forces. >> reporter: as the armored personnel carriers roll along zimbabwe's roads, the military has called for calm but nothing is certain here, not yet. the atmosphere in harare is subdued. it's not oppressive, but it's certainly not celebratory. the people here are understandably cautious. they're just waiting and watching to see what happens next. there was gunfire in harare overnight. some elements of the security forces, seemingly still loyal to the president. but many of the men who used to do his bidding are now trying to push this crippled country into a new era. >> sreenivasan: since martin geissler filed that report, there are reports that government ministers have been arrested, and others are fleeing their homes. in addition, the police have reportedly been shut d

last week this man on the left, emerson mnangagwa, was sacked as vice president.or independence but in recent years he has found himself up against this woman, robert mugabe's young, ambitious, and some would say ruthless, wife. one of the most important figures in the country. she is a divisive figure. listen to the reception. these were boos, not cheers. i will do it, i don't the reception. these were boos, not cheers. iwill do it, i don't care! she had wanted to take over as vice president. tonight a warning from the british foreign office to british nationals in the country. stay at home, stay in your hotel room, wait until things settle down a little bit. zimbabweans wonder what lies ahead. president robert mugabe remains in the country while the whereabouts of his wife is not clear. shingai nyoka, zimbabwe. a lot of confusion but it is important to stress the military in zimbabwe are calling for calm. the us secretary of state has called for a credible and independent investigation into abuses against myanmar‘s rohingya muslims. rex tillerson's comments came

they man he dismissed as vice ,resident, emerson mnangagwa will become the ruling party's candidate inelection. global news 24 hours a day, powered by 2700 journalists and analysts in more than 120 countries around the world. i am taylor riggs. this is bloomberg. tom: thanks, taylor. it is a quiet day,, like a half-day in new york. futures are up fractionally. a little bit of curve steepening. is linked ining with the foreign exchange market. gets my a barrel, that attention. francine: the dollar is weakening against major currencies. also looking at stocks in euro pe. quiteere up significantly, but now seem to be struggling to follow this global rally bedroom benchmark indexes in the u.s. also looking at oil -- i thought that was significant, tom. oil is heading for its highest close in more than two years as u.s. stockpiles declined the decision.ore tom: it is a big day. but, here's trade weighted sterling. this is a remarkable chart, francine. i just can't get over it, back to 1992 and really, to a wealth destruction since the financial crisis lehman low. it is just extorted area fo

border now this list thousands in zimbabwe, to celebrate inauguration of the new president there, emerson mnangagwae 93-year-old old resigned forced out you might say earlier this week after 37 years as leader, in zimbabwe, minnesota senator al franken could not be more apologetic, another statement is out two more women accused of the former "snl" writer of inappropriately grabbing them in 2007, and 2008 so now the total number of accusations against senator franken up to four here is part of that statement that i referenceed a moment ago he says i feel terribly that i have made some women feel badly for that i am so sorry, i want to make sure that never happens again. al franken, stars of hgtv hit show "fixer-upper" may have more up sleeve announced "fixer-upper" was coming to a close "vanity fair" had a story the husband and wife team talking to at least one outfit about a new show the contract restricts them from starting a home improvement show so maybe they start a new format but don't ask me i never heard of it until it appeared in your piece he is >> i have i have heard for it known for hom