enda: have you had conversations with wilbur ross?u describe the conversations you are having with u.s. officials? sanjay: we are a very large global company and always engaging in conversation with governments around the world. the u.s. administration on an ongoing basis over the year, and certainly in recent times as well because our business in china is certainly important. enda: would you say the conversations are constructive? sanjay: absolutely. parco one thing, i was reading more about what is going on in china, the state has put in about $29 billion to getting this country self-sufficient. is that a bigger threat than the interim trade war, self-sufficiency for technology supremacy as number one on the agenda? sanjay: the memory -- that micron made, these are extremely important. when you look at cloud computing , 5g, in this backdrop, the products we bring to the customer in china, we are a valued partner. micron has a history of 40 years, tremendous amount of innovation from the country does company. we are used to competiti

nejra: enda curran, thank you for joining us.ate vote we were talking about marks a challenge to the government in beijing as the u.s. and china seek to close a preliminary agreement and the trade war. from london, the senior interest rate senior analyst and in beijing, bloomberg's james zegar. let me start with james and pick up on what enda was talking about. we understand the u.s. and china will go back to the main agreement to talk about the extent of rollbacks. we know what happened to that agreement and what has happened in markets since, so are we setting ourselves up for disappointment? it is hard to say what will be the end result of the deal. obviously now, there will not be a deal in november, which everyone expected last month. the deadline keeps getting pushed out further and further. obviously at the moment, we are hearing from both sides, the two trade negotiating sides are still talking about what they can, what is agreeable to both sides, which part of the deal was signed in may and can be signed again and which

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testified that volcker and national security adver john bolton were ncerned about rudy giuliani's enda with ukraine telling impeachment vestigators quote i had the fear that if giuliani's narrave took hold that view cream governme was the enemy of the president that it would be very hard to have high-level engagement. this as republicans are joning the growing calls by president trump to call their own witnees to testify. >>i hope that everyone who testifies will go do so truthfully accurately. >>reid binion kron news. >>well, of course will be streaming the imachment hearing some from start to finish tomorrow on kron on so it's a great time to download that app. it will feature testimony from ambassad william taylor and also deputy assistant secretary george kent. once again you can download the kron on app right now from your app store you road with you. taken on the on to the warriors the warriors whole city game at the chase center in san ancisco and golden state took on the utah jazz so angelo russell he playing pretty well he scored 33 points in last night's game, including. >>th

now a police officers from or enda arrived just after around 11 o'clock on thursday evening after reports of shots fired they found at least 3 gunshot victims who had died inside the home. an additional 5 people were taken to the hospital. one of those people who was taken to john muir medical center in walnut creek. also died. one person is in critical condition. another is in serious conviction condition. authorities say there could be additional people who are also injured the neighbors along this quiet street this quiet neighborhood in orinda say that they had heard the party earlier in the evening and that when the gunshots rang out a chaotic scene erupted in see anything but we heard a bunch of gunshots actually aired. >>neighborhood i heard it and then people were screaming clean down the hill. i think everybody in our neighborhood immediately lock their doors and started message. each other trying to figure out what was going on is this. >>this doesn't happen. >>now as of friday afternoon the investigation into this case is very much still ongoing. investigators have not said that

look at the poll numbers 1015 years ago as a political strategist you had about 10 to 15 percent of enda pendants to work with now that number is down to around 5 or 6 percent if you look at the impeachment proceedings and the independent views on those 47 percent of republicans feel they should you know he shouldn't be impeached and 47 percent of democrats say no yes he should and then there's only really 6 percent in the middle that are open minded and those people according to a poll out this week aren't even paying attention so you have the right versus the left and not very many people in between rich same question to you in new york go ahead well i happen to agree i think we're in a cold civil war i believe what's happening is we're seeing the democrats and the far left they're just not going to accept the results of the 2016 election and they're going to use any method they can to try to take president trump down and the problem that you get into here is that you know when 2 people stop you know people become so radical on that side that you know it doesn't just end with are so .

lanka's newly elected president go to by a rajapaksa has sworn in his brother as the next prime minister enda rajapaksa himself served as president for 10 years to buy a rajapakse to be tough on security issues in light of the easter bomb attacks that happened earlier this year. china says it will hit back after the u.s. house of representatives approved a bill to support human rights in hong kong the senate passed the same legislation on tuesday in hong kong itself around $100.00 student protesters will remain surrounded by the police inside the university campus for a 5th day a 3rd general election within 12 months in israel appears more and more likely following the latest failure to form a government benny gantz the main rival of benjamin netanyahu didn't make weapons deny its deadline to arrange a coalition mr netanyahu also failed to win backing for a coalition. fighting between protesters and security forces in baghdad on thursday killed at least 2 people now on weapons day the police used tear gas to disperse people getting too close to the green zone which is home to government build

look at the poll numbers 1015 years ago as a political strategist you had about 10 to 15 percent of enda pendants to work with now that number is down to around 5 or 6 percent if you look at the impeachment proceedings and the independent views on those 47 percent of republicans feel they should you know he shouldn't be impeached and 47 percent of democrats say no yes he should and then there's only really 6 percent in the middle that are open minded and those people according to a poll out this week aren't even paying attention so you have the right versus the left and not very many people in between rich same question to you in new york go ahead well i happen to agree i think we're in a cold civil war i believe what's happening is we're seeing the democrats and the far left they're just not going to accept the results of the 2016 election and they're going to use any method they can to try to take president trump down and the problem that you get into here is that you know when 2 people stop you know people become so radical on that side that you know it doesn't just end with a censure

you are crossing a stream, forget the eddie's, the short-term eddie's, look where the current is, endaurran has been adverse for value, but value is so cheap now that the current in the coming five to 10 years is likely to be relentlessly beneficial. what exactly does your fundamental index strategies do differently? yes, it has been a brutal year for value over the past 10 years, but you guys have been leaning further and further? rob: first, let's define fundamental index. fundamental index simply says why should we weigh stocks according to their market value? to be more expensive the stock is, the more money you have invested in it. if a stock doubles in price, you have twice as much money in it as you did before he went up. that means with cap awaiting you are assisting -- assuming that after a stock doubled its future upside must be better than it was before. that makes no sense. why not wait companies according to how big they are, their economic footprint, their scale on the macroeconomy. look at the stock's share of all publicly traded company sales, all publicly traded compan

joining me from hong kong with more is in the current -- is enda curran. what do we know about the potential tariff rollback? enda: it is a conditional claim of progress by china's commerce ministry that the u.s. is granting some concessions on one of their key redlines for china, which is that tariffs should be rolled back when any deal is agreed. the commerce ministry in beijing is talking about rolling back tariffs in proportion simultaneously. all of this depends on whether or not an agreement actually is reached and signed. don't have the final details on any agreement yet. the question will also be how the u.s. response to this. will they interpret china's commentary is an attempt to front run any negotiating process, or is this a broad tract that both sides are on? agreementon't have an publicly for any venue for signing a trade agreement. progress appears to be being , but in terms of the details and the timing of when any agreement would be signed, remains unclear as of now. alix: thank you very much for joining us. next we want to go to frankfurt

enda: clearly this was a redline for china. they've been demanding that they wanted tariffs rolled back on goods. all indications are that both sides do seem to be heading for some common ground on this. we had the white house suggesting overnight they agree with the principle of rolling back tariffs. the big question is when they will agree that these tariffs should be rolled back or removed. we are not yet at the point where a final deal has been agreed, so we don't know the final details. it will be crucial to see where the two sides can meet in the middle and at which point they can roll back tariffs on each other's goods. that is a critical detail that needs to be ironed out. alix: thank you so much for joining us. we now want to head to brussels, where euro area finance ministers are meeting to discuss the banking union, economic outlook, and the ecb board. maria tadeo joins us. a lot of topics on the table. what so far has been the biggest take away? there's many calls right now in europe to get germany to get spending.

caand and forcing traffic over to the right for you and adding to the big backup spilling through or endaette so ch heavier than normal. just when things were winding down and starting o ok better. we have an overturned so 26 mites and growing from wannacry to oakland. that's why made it a hot spot, but i'll definitely keep my eyes on it that's going hold some folks backrying to get to san francisco to which may be a good thing because right now we're jam that that hold bk up through the maze and maybe send some folks are stuck in traffic on 24 that will make th ngs a little bit better for those of you entering on the oakland side 10 minutes and growing here to make it in but no problems on the upper deck or downtown from this shot, becca looks like we have some sunshine yes, that's right we're seeing pretty much all of our le camera shots about is some good news and lookt this we can see a nice shot of the lden gate bridge that was socked in by the fog earlier this morning, not the case now. we're going to see a lot of sunshine throughout the day today and the temperatures are gointo be

. >> you're someone who i think you came to congress with a very strong vision and a-enda. you were clear about that when in your primary and there's an interesting debate about this impeachment and about the president that has to do with, you know, is this the best use of legislative time? you've seen some republicans saying it's not. as someone that has an agenda you want to pass, you want to see happy, how do you view impeachment in that context? >> well, i'm not very concerned about it because we're able to legislate while this is happening. just yesterday i introduced our first piece of green new deal legislation which was around public housing and decarbonizing our entire public housing stock in the united states. and so it's not coming at the cost of legislating. i love you but i don't think i'm going to get like a decarbonization like 8:00 p.m. time slot. so it's okay. i think we're legislating, we're working for people and holding the president accountable and it's all possible. >> do you -- how do you view the stakes as here? i think some people think he's bad in

enda: the significance would be the government is happy to allow as oh east to fail but they are theyoingcisms of china when it comes to productivity is the support for companies that should be allowed to fail at the cost of private competitors or foreign competitors. that is what people are watching. if they let the company go, perhaps they are getting more stringent. this bond sale, what does it signal? increase earlier than expected. it is a sign policymakers are keen to get out the doors early in the new year. local government spending more money. it goes back to two things. a signed they are nervous about growth. 6%are talking about solve a growth. they want to make sure there is a floor. on the flipside, it indicates bes nuanced approach may coming under pressure. we know the central bank has -- the government has been leaning 20 supply-side. -- leaning to the supply side. we are still a long way off. it is pretty nuanced. i think you need to look for the signals from the economic conference when they gather in december. much for that.ry don't forget, tv , you can watch us live

going me is and occur in -- joining me is enda curran. what did we learn? ,nda: it was a four-day closed-door meeting. they spoke mostly about rising domestic and international risks, and of course, the backed up domestically being the slowing economy, unrest in hong kong, and internationally, trade war with the u.s. we didn't get any major economic initiatives out of it, but we did get some signals that it is doubling down on party control, and ensuring much stricter oversight of hong kong. there was no sense of compromise when it comes to dealing with protesters. alix: thank you so much. now we went to head to germany, where christine lagarde begins her term as ecb president, becoming the institution's first female head. she will face a host of challenges as the region's economy slows, not least skepticism over negative rates. that first day checking out for christine lagarde? reporter: it is a little pentacle mektic -- it is a little anti-climactic since lagarde's first day is a holiday. we are certainly expecting a lot from her as she starts her term. w

putting me on the phone from hong kong is enda curran. what are the details of what we know about this ip theft penalty ? specifics arethe that china wants to make it easier for victims of ip theft to get compensation, and they also want to look into bringing up the threshold for criminal punishments. on the surface, this kind of measure goes to the core of some of the u.s. demands in the trade negotiations. beyond the merchandise goods, the u.s. has been pushing concerns over ip protection for its companies operating in china. on the terms, this fits the emerging meredith -- the emerging narrative that we remain on track for a trade negotiation. that xiadly, we know jinping spoke of the need for cutting a deal based on equality with the u.s. president trump pushed back against that terminology. negotiators from both countries have been talking to each other, but we don't have details about when or where an agreement might be signed. the ip move by china is clearly a sign that talks remain on track, but we are still unsure about the detai

enda: is all of the above. there's a view that a deal would boost the manufacturing sector. but there is also the view that these issues are domestic driven and china. will not change because of the trade war. it could even embolden the hawks in the chinese government. there's a view it would take a rolling back of all of the tariffs the u.s. has imposed for there to be a material lift in china's economy. i say it would be taken as a positive but not a game changer. alix: thank you appreciate that. we want to head to washington. impeachment battle continues. speaking on cbs face the nation, nancy pelosi says she is giving president trump the case to make -- the chance to make his case to the intelligence committee. >> i want to make sure he does not intimidate the whistleblower. and before the committee speak all the truth he wants. >> you cannot expect them to do that? >> if he wants to take the oath of office. he could do that in writing. he has every opportunity to present his case. alix: joining us with more from the white house is kevin cirilli, bloomberg chief washingt

enda curran joins me from hong kong. it is a long, convoluted way of saying they are still just talking? is all about the mood music. it is another day of incremental news that seems to be's adjusting that governments are on track for some kind of trade agreement. "the global times" had some extra detail on it. they said they may have spoken about tariff removals, agricultural purchases, and some kind of oversight as to how any trade agreement can be implement it. that is very important for the u.s. side of things in terms of how they want to enforce any agreement with china, and for the chinese side, removing paris is certain -- removing tariffs is certainly a red line for them. they are making the point that they are nudging towards some sort of consensus. they didn't give much more detail than that, but from here, the expectation will be how the o.s. response to this mo -- this mood music out of beijing. it feels like there's a lot at play for the coming weeks. alix: good point. think you very much. we stay in hong ko

joining me on the phone from hong kong is enda curran. does china agree with this assessment? musiccertainly, the mood from both sides now is that they are on track to reach some kind of agreement. mr. kudlow's comments came only a day after china agreed yesterday to lift a ban on poultry imports from the u.s.. they started to buy u.s. farm produce again last month. clearly some things are coming together, but there are outstanding issues. we still don't know where either side are on tariff removal. that is something of a redline on the chinese side. there are still other areas, like ip protection and the like. still don't know when any agreement will be signed. separately, there are signs of pressure partly due to the trade war, but no signs of panic from policy makers yet. we saw another sign of how disciplined the stimulus was when there was an injection into the financial system of about 30 billion u.s. dollars, mostly to color a tax payment system, and said it wasn't a time of turning to stimulus, but much less will depend on when or if a trade agreement can be reached. a