jane foley is our guest this morning.lar.n the market sees a rate cut in july is the beginning of an insurance cycle of cuts. do you think there is a good jobs number on friday, it reduces us back from three cuts to two? jane: probably. that is what the market will think. most people will anticipate the fed is prepared for a july interest rate cut. prepared. is it is likely to follow through. the question is, how much further they get, and how quickly? i think the market will be watching. the fed will be watching the next few months. have saidthe past you the dollar is going to hold up because you have other central banks cutting as well. you have talked about australia. you think the ecb could cut interest rates. does that mean even if the fed embarks on this cutting cycle, and you tell me how you see that panning out, we still will see a stronger dollar? jane: that is certainly a risk. when we look at the details, often with the exception of certainly they have increased their bias toward using this year. that is in the

scott thiel and jane foley with us.interest rates, what are you going to write about into august? what is the new of the growing sense of negative interest rates in europe? scott: i think there are a couple of things to observe. one is that if you look at the yield changes year to date of the bond market and the treasury market in 10-years, they are actually about the same. 2.75 andstarted at bonds started around 40 basis points. treasuries as a tool for resilience to offset other risks works really for the bond market even though yields are negative in the treasury market will years -- where yields are positive. specifically as it relates to europe, the ecb is likely to deliver what they said they are going to deliver at the central meeting. in fact, even maybe more. soundf as odd as it might , in the near term we favor bonds over treasury because we believe the ecb is more likely to deliver the full amount of priced in monetary policy easing as opposed to the u.s., where there is this debate raging around 25 or 50. to

joining us is jane foley, senior currency strategist, rabobank. nice to see you.in the next hour. that's right. perhaps a bigger day if you are planning to go on holiday. we've seen sterling against the dollar dropped to its lowest level for about two years and this is largely to do with political uncertainty, that's been the biggest driver of the pound in recent years. we are seeing the economy we can as well say that it's going to see today's data with the next batch of uk releases on the market not being very optimistic. when it comes to gdp data, it's been skewed by companies stockpiling, preparing for brexit. we were at the end of march, middle of april and now the end of october which is scheming activity. that's right. if we look at first—quarter gdp, it was quite good. a lot of people bringing forward production, stockpiling production ahead of the original brexit day. now we are looking at 02 data and it's much weaker with stock being used up, etc. there is a bit ofa being used up, etc. there is a bit of a worry her because while after the brexit vote in

was thejohn foley done? not fully. the banking system, trying to bring out the bad loans, et cetera —— was the john foley done? i continue that process. what i'd feel happy about is that there was ownership of the reforms. the monetary policy committee is in place stop it's working. the bank cleanup is working. the bank cleanup is working. the bank cleanup is working. the process of bringing in new banks happen. and they are now starting out and expanding. so the whole point, i mean, it's... somebody once said the cemetery is full of indispensable people. it is important that you create the ownership of whatever reforms you put in place, otherwise there —— they reverse very quickly. it is clear that you have been approached about being governor of the of england. you made the point about what is required of somebody who understands the politics. the economics professor dartmouth college, who has described you as had a above other creditors, said why would anybody want to put themselves in the position of having to deal

very interesting move for coolies to retreat and that is also all the same tactic you thought of foley's on june 12th off the last time one holy such a test to the protest has a right before the actual site also breached and. protested the football was too much for the police and that it's a phase out the. use by the police so. they. do have a why pay goes on vote ok all right and have you heard of any official reaction yet to these protests from the hong kong government the all. all all all all around because 3 hours ago. they called and they will now and i know all their hopes as to. why the wall to that. you know all that happens before the office has a lot to college and we have all the. same to some extent yes. but. we want more than to actually fight it out ok to all have. our say nothing about it being unfair asking for those that is basically saying it's ok and it's like. as we look now we're looking at pictures of lots of police in the street lots of police vans with lights flashing in the night sky all the process as you mentioned a couple of 100 protesters left inside the parl

with me is jane foley, senior fx strategist at rabobank. george osborne apparently interested in becoming the new managing director of the international monetary fund. yes, i was surprised to see this story. but he does have a similar profile to christine lagarde, she was a finance minister for france before she took the job and he was the finance minister for the uk. in those terms it fits, but what this report really was about is whether he would be pitting himself against mark carney. we don't know if he is interested in thejob against mark carney. we don't know if he is interested in the job of head of the imf, but he does leave the bank of england next year and there is speculation about what he does next. this article notes the fa ct does next. this article notes the fact that george osborne appointed mark carney. he had to really sort of woo him and lure him over. he was based in canada at the time, and it is interesting, because prior to him taking thejob is interesting, because prior to him taking the job as governor of the bank of

with me is jane foley, senior fx strategist at rabobank.ew managing director of the international monetary fund. yes, i was surprised to see this story. but he does have a similar profile to christine lagarde, she was a finance minister for france before she took the job and he was the finance minister for the uk. in those terms it fits, but what this report really was about is whether he would be pitting himself against mark carney. we don't know if he is interested in thejob against mark carney. we don't know if he is interested in the job of head of the imf, but he does leave the bank of england next year and there is speculation about what he does next. this article notes the fa ct does next. this article notes the fact that george osborne appointed mark carney. he had to really sort of woo him

james foley, that was a horrible, brutal act. and the people who did it were held accountable, but that's not complete yet. but he's close to our heart. >> thank you very much, general, for your comments. i think one of the things we have heard from the families loud and clear is they would like to see those people responsible for the murders not just of james foley because of kaitlyn mueller brought back to the united states, tried and see justice for their loved ones. so one of the things that hopefully this coordinator position can do is to help make that happen. i want to switch to another topic. as you may be aware at this point, there's been no on camera briefings about the pentagon for more than 300 days. i think the american public is very supportive of our men and women in uniform. they believe in our military and its mission, but i they they need to better understand and know what's happening at the pentag pentagon. and to the extent there's no opportunity to provide that information, to provide some transparency, the p

actually meet with your normal nutrition you need to optimize it maybe but some a new trend such as foley case or i don't mean you need to supplement in case of an iron deficiency you should also supplement iron and what about children do they have special needs where they need a good nutrition because they are growing and they're developing but they don't need supplements actually ok delfina boosters reverse writes that her daughter is a vegan and need any food supplement there are some neutron star critical for vagrancy so you really need to select nutrients and plan your own nutritionally diet very carefully there's one nutrients and as vitamin b 12 which you need to supplement because the amount on the bioavailability invading food such as i'll be is just not high enough to meet your requirements so that is something you need to supplement. does a lot of spots he says and he wants to build up his muscles and wants to know if he needs some vitamin requirements if you want to build up muscle then he needs more protein you can meet those needs with a normal nutrition you don't have to su

during the charging dave foley in some -- w white smoke. that day as you know in the afternoon there were already a toxic -- how the -- attack on my office -- in the afternoooon so without t knowing whethther this anotother toxoxic -- politics sh we have no other choice but to a temporary retreat from that's called. and before we retreat. we have already -- in the afternoon full. we are -- i see -- let's go security. tool -- appeal to all working stop with the intellectual actually leave that extolled d e to the the incident -- the charging by the protesters. and by the time nine o o'clock e are. we have e been told that whole looking south have left. that that means that we are sure ththere is no other civilians within the building so -- all my offices had no choice but t to tempmporary retreat. and to do a r recruiting and try to re deployment i would do some re deployment to take back let's call later on it is notot true o say that the g government has nt responded -- you have not responded to it every few month. artist because of the go

while napa right at the 80 degree mark foley how an antioch as well as benicia only in the 70's sure beats those 90's in triple digits. this weekend. nevado and center fell in the upper 70's today. so we're continuing to enjoy a nice day today and we've got a few more days like this wednesday thursday and even a friday, all looking really good seasonable to round out the past couple of days of july and kick off august which does kick off on thursday. first weekend of august though begins to change that is going to take us a little bit hotter. saturday sunday and monday our inland areas are back into the low 90's in some cases so yeah, the heat is building around the corner but in the meantime we're going to focus on the now and that is a good forecast for the day today and tomorrow too. rob sounds good. thank you john the morning commutes looking pretty good too we are off to a decent start heading into san francisco. >>we just noticed that it's filling and so every time i check of the cash lanes they get heavier and heavier we have about 3 cash lanes available for each side. you can

leap keep it recently and slow such a split slate explicitly foley's shook up the space slip cutler's schuessler shoulder to play sluiced some. sleep. this is deja news from berlin tonight tensions between the u.s. and iran rising and this time it also involves britain and oil tanker loaded with a rainy and crude is seized off the island of gibraltar it's a suspected of violating european union saying since by delivering the oil to syria u.s. said 2 or 3.

with me is jane foley, senior foreign exchange strategist at rabobank. who better to talk about this?u, jane. interesting tweet on the part of the us interesting tweet on the part of the us president. what are the implications? the implications could be huge if the us treasury were successful in weakening the dollar. that is a big if. when we look back in history, we have to look back quite a long way, to see when treasury departments have been successful in intervening. it's usually when the fundamentals suggest that that currency should be turning anyway. there is a big question as to whether or not the dollar would on its own we can. there is speculation it would anyway. the fed will be cutting interest rates. if the us treasury we re interest rates. if the us treasury were to be seen to be manipulating the value of the us dollar, this would be huge. it's not like other currencies, because most currencies around the world are pegged to the us dollar. i mean, most of the d10, the big currencies, of freely floating. i would argue that if they stop managing the chinese currency that c

all that they recruited and use this child in the way they did and then they killed him which is why foley says he one quit not tonight not any time soon. the same goes for bumi he's attending yet another funeral but here too he finds time to speak to troubled youngsters timeless in his efforts to get them back on track. he finds them and they find him a boonie his job and private life inseparable. the funeral parlor and grounds at least a gun free here the community can gather and mold in peace. but today's funeral is not for someone rich far too soon from their beloved. the neighborhood has congregated today to say its final farewells to a man who lived to the ripe old age of 86 ready 0 7. not many has survived that long this is a community that has become tragically accustomed to burying their loved ones at an early age. it's awful when it really it takes a lot to to see the agony suffer and the pain. in young people at the end the other thing years a lot of the young people that are dying are leaving children behind which makes the situation even worse so it's challenging it really is.

erickson's foley became the little ship that saved the nation.eally, tv nit was not a well-designed warship. it couldn't go to sea. instead of 360 range of firing, it only had about 200. the bad communications. you can't see out of the turret. they'll make a lot of modifications that exist at first in the passaic class which will be constructed. and actually word, commander of the "monitor," will take command of the "montauk" and does a bunch of studies about its operations. but, still, the ship -- just, you can build them up in the north, the trouble is they got to take them to ports in the south and when they're in -- to get there, you got to go to sea. yes? >> question here. >> i'm david from charlotte. thank you for speaking with us this morning. wonderful talk. how much longer will the turret be in solution, and how do you know how long it needs to be there, and will you live to see the project finish? >> than, if i live as long as that barge, i will. [ applause ] so that means 30 years. no, the -- the guns were estimated will be -- they'll

. >> thank you chris foley pay bart spokesperson again san bruno is closed indefinitely. the bart station but there is a bus bridge from south san francisco to sfo, if you happen to be heading to the airport and are flying out. we appreciate you taking the time. thank you. >> if you are just joining us we want to recap what happened. the entire situation started about 4:00 in san bruno at the tanforan mall which is just off of highway 380 in sneath sn shooting inside the food court at this very busy mall which is several major department stores and different stores, a big movie theater and it was a busy time of day. we learned two young or teenage boys have been shot possibly two other people injured. we don't know the extent of the others but the teenagers were taken to san francisco general hospital with one being in critical condition and one is in serious condition. this all unfolding inside the food court at the tanforan mall in san bruno. >> the sense we are getting is that this was a targeted shooting and that this may have been a shooting involving two people shoo

>>foley was her nickname around the police department and for those who knew and loved her 3, 4, 9, withr that we definitely winning with. >>mark morgan, a lever at the track 7 curtis park locations says he was recently approached by a former partner of tires who would often patrol around the curtis park neighborhood alongside the fallen officer mean he had some ideas that he brought to the table. >>i had some ideas and we work together to try to make something really special in a virtual for everybody to be able to enjoy. >>sacramento police officer tara o'sullivan was tragically killed in the line of duty back on june 19 her death still leaving its mark in this community and it definitely affected me personally. >>come by frequently to a pop in to say hi. >>while morgan says staff at the brewery are eager for the latest arrival. they're hoping to honor the memory of tara o'sullivan, one poor. >>at a time and that's just a little way that weekend get back to the community that she. >>that was jermaine niro reporting we're sully 3.49 will be canned and released on july 13th send all the

a little too young to be watching this movie, but "beverly hills cop," "beverly hills cop 2," axle foley? can you remember his laugh, anyone? i found eddie murphy just -- i'll save you. we have an akeem impersonator and i'll go back to him because i'm awful with impersonations. we were asking everyone to rank and "beverly hills cop" near low made my top five movies i could watch the rest of my life. what were some of yours? >> i love "the joy luck club." it was so hard to come up with stuff. i had to whittle it down to some of the scenes or imagery or lessons that were most memorable. i love "the joy luck club" because i think it said so much about, a, mother-daughter relationships. it taught us so much about culture. there were incredible highs and lows in that movie. here's some of my others. i love "cornbread, earl and me." "chitty chitty bang bang kwe," spy who loved me" because james bond films are the first films that i saw while we were living overseas. it was all the 007 stuff. "forrest gump," tom hanks exceptional, again a journey in history. and "joy luck club" still makes me c

. >> so just imagine being onset with eddie murphy as he's playing axle foley in those movies.mber being a little girl and laughing so hard, not at all understanding all the jokes. but as i grew older and rerented, i got it a bit more. we're here at the cnn video store. anyone can come down. it's open to the public. come and hang out with me. get free candy. if you want to tweet about it, it's #cnnthemovies. >> i actually miss movie stores. they are a thing of the past. i bet there are people watching this who are like what? what is that? they don't even get it. >> be kind, please rewind, what? >> i know. we'll talk to you soon, brooke. thanks. >>> cnn's new original series "the movies" airs tonight at 9:00 only on cnn. we'll be right back. etter? best, fastest, best. enough. sprint's doing things differently. they're offering a new 100% total satisfaction guarantee. i mean i think sprint's network and savings are great, but don't just take my word for it. try it out and decide for yourself. switch to sprint and get both an unlimited plan and one of the newest phones included f

one, because as you may remember, james foley who was murdered by isis terrorists who are suspected to be called the beatles now, he was a constituent of mine, so i have followed closely what's gone on with these two detainees currently in syria. i think it is also a broader issue because we have hundreds and thousands of isis fighters who are being detained, many of them foreign fighters whose future is unclear, and it is not clear who's going to be responsible for detaining them, what happens to them, what potential threats they could pose to europe, to the united states, and to the middle east if they're released. one of the things that's included in the senate passed defense bill is an interagency isis detainee coordination position to help focus on the situation with detainees. if confirmed, will you commit to doing everything you can to ensure the new position is properly resourced and that it gets the attention the issue needs. >> a horrible brutal act, the people that did it, many of them, were held accountable, but that's not complete yet. he is close to our heart. yes, i will

this is activist linda sarsour speaking at the vigil in new york city's foley square, just across from an ice processing center. thatwant to remind people there are children who have died in these camps. and i will say their names here today. 10 years old from el salvador. jakelin caal, seven years oldd from guauatemala. gomez alonso from guatemala. 16 fromierrez, guatemala. , , 2.5ramirez rask as years old fromom guatemala. carlos hernandez baskets, 16 result from guatemala. one day 30 or 40 years from now, people are going to ask you where were you when children were being stripped from the hands of their mothers? what did you do? what did you say? and you are good to say that i showed up and added my voice and chose not to be part of the silent majority in these united states of america that has allowed this injustice to happen for far too long. amy: that was linda sarsour speaking at friday's lights for liberty vigil in new york. was called to denounce the conditions in jails, child detention centers, adult facilities along the border, as well as what people believed because presid

>>foley was her nickname around the police department and for those who knew and loved her 3, 4, 9, withadge number that we definitely winning. 7 curtis park rgan a lever at locations says he was recently approached by a former partner of tires who would often patrol around the curtis park neighborhood alongside the fallen officer mean he had some ideas that he brought to the table. >>i had some ideas and we work together to try to make something really special and approachable for everybody to be able to enjoy. >>sacramento. police officer tara o'sullivan was tragically killed in the line of duty back on june 19 her death still leaving its mark in this community and it definitely affected me personally. >>famine areas. come by frequently to a pop in to say hi. >>while morgan says staff at the brewery are eager for the latest arrival. they're hoping to honor the memory of tara o'sullivan, one poor at a time and that's just a little way that we can. >>it back to the community that she will. >>that was sharmeen niro reporting. we're told that the beer is going to be canned and released on

>>foley was her nickname around the police department and for those who knew him out there 3, 4, 9, with their badge number that we definitely winning with that mark morgan a lever at the track 7 curtis park locations says he was recently approached by a former partner of tires. >>who would often patrol around the curtis park neighborhood alongside the fallen officer mean he had some ideas that he brought to the table. >>i had some ideas and we work together to try to make something really special and approachable for everybody to be able to enjoy. >>sacramento. police officer tara o'sullivan was tragically killed in the line of duty back on june 19 her death still leaving its mark in this community and it definitely affected me personally. >>famine areas. come by frequently to a pop in to say hi. >>while morgan says staff at the brewery are eager for the latest arrival. they're hoping to honor the memory of tara o'sullivan, one poor. >>at a time and that's just a little way that we can get back to the community that she was. >>charmaine niro reported were told that there will be canned

>>foley was her nickname around the police department and for those who knew and loved her 3, 4, 9, with their badge number that we definitely winning with. >>that mark morgan a lever at the track 7 curtis park locations says he was recently approached by a former partner of tires who would often patrol around the curtis park neighborhood alongside the fallen officer mean he had some ideas that he brought to the table. >>i had some ideas and we work together to try to make something really special in a virtual for everybody to be able to enjoy. >>sacramento. police officer tara o'sullivan was tragically killed in the line of duty back on june 19 her death still leaving its mark in this community and it definitely affected me personally. >>come by frequently you a pop in to say hi. >>while morgan says staff at the brewery are eager for the latest arrival. they're hoping to honor the memory of tara o'sullivan, one poor. >>at a time and that's just a little way that weekend get back to the community that she. >>that was jermaine your reporting we're sully 3.49 will be canned and released on

alex acosta would come out today and be able to defend himself today and defend himself early dominic foleyl maybe look to florida and say for example people complaining that jeffrey epstein during a sentence got to go to work for 12 or 13 hours a day. he didn't have to stay in jail. there was florida law, is that defensible? >> i think that is an irrelevant point. at the point is before it was going to do what it is going to do and it had its own plea deal. what acosta entered into was a nonprosecution agreement. the federal government never brought charges at all. that's what people find indefensible, but he held meetings outside of the u.s. attorney's office with defense attorneys, allowed them to dictate the terms of a nonprosecution agreement, and then decided to shutdown the investigation investigation not only for epstein, but as to everyone. this took place while the fbi was actively interviewing with victims and witnesses across the country. that to me is indefensible. >> dana: jamie nawaday, thank you. when mike come back to you so stick around. we want to bring in bobby sauve, an

san francisco stacked up in heavily for on the maze only lanes that have thinned out are your car foley and everybody else he got to be sitting in traffic and now we're up to 16 minutes to make it off to fremont street. we talked about this earlier this is one of our breaking news story, this multi vehicle accident here in a golfing ac transit and union city east found alvarado now's at dakota all still blocked as crews wrap up the investigation and do some final cleanup work here. so eastbound offer oddo is a stretch to avoid do expect delays as you work your way through that intersection the shore freeways spot and 22 minutes from crockett to oakland and no major problems for 5.80 it's busy but it's not bad. 22 minutes from castor rally to the maze started. thanks robin 8 17 in the north bay, a 61 year-old man crashed into a home. >>and then admitted to the police he was high on meth this haven't rohnert park not far from the foxtail golf club and the homeowners and their newborn baby were inside at the time, i'm luckily, nobody was hurt. but a building inspector says the home is now

foley has added new salad bowls to cater to consumers and paleo with peter jennings diets. it's also introduce more the gun and a vegetarian menu options live from the nasdaq by changing back to daryn thank you jane. >>the 7.21. still ahead on the kron 4 morning news, the prosecution tries to refute the testimony of defense witnesses in the go ship warehouse fire trial will have the latest developments in a minute and a new sanctuary for animals in need is coming to the bay area. here's a quick live look outside the bay bridge approach things will to be lighting up just a little bit we'll get another update from robin in just a moment. oh thaphenomenal!, that's unfair. that's so unfair. c'mon jay-bo. let's go. let's go. woahh! try my $4.99 bbq bacon double cheeseburger combo. only at jack in the box. ♪ try my $4.99 barbeque bacon double cheeseburger combo. >>we'll come back 7.24 sfo has been one of our best views of kind of both of the situations we've got shaping up across the bay is morning which is sunshine overhead look at that just a few high-level cirrus clouds over s

kathleen foley says that her children were at that festival on sunday and 2 of their friends suffered gunshot wounds to their legs. this and have. we could have been anyone. >>i mean come in and violate us like this. it's it wasn't just a piece of ground it will be like the whole town suffered a wound aces in the >>organizers say these vigils are all about making sure that everyone who was affected knows that they have support right here in their community. and a candlelight vigil was also held at empower academy in san jose to remember 13 year-old kayla salazar she was one of the 3 victims killed by the gunman. at the festival her aunt kathy describes kayla as a positive beam of light in her family. dozens of people came out to honor her at the school where she recently graduated. the staff says that she was a very involved very curious student and wanted to be in animation artist when she grew up. >>we wanted to be here because we think it's important that the community knows who kayla is and how important she is friends. >>kayla's family says that they're very thankful for the comm

>>foley was her nickname around the police department and for those who knew and loved her 3, 4, 9, withir badge number that we definitely winning with. >>that mark morgan a lever at the track 7 curtis park locations says he was recently approached by a former partner of tires who would often patrol around the curtis park neighborhood alongside the fallen officer mean he had some ideas that he brought to the table. >>i had some ideas and we work together to try to make something really special and a virtual for everybody to be able to enjoy. >>sacramento. police officer tara o'sullivan was tragically killed in the line of duty back on june 19 her death still leaving its mark in this community and it definitely affected me personally. >>famine areas. come by frequently to a pop in to say hi. >>while morgan says staff at the brewery are eager for the latest arrival. they're hoping to honor the memory of tara o'sullivan, one poor. >>at a time and that's just a little way that we can get back to the community that she will. >>that was charmaine near reporting sharmeen tells us that the beer

order to distract from a couple of other issues that have been dominating the political conversation foley and includes the conditions in the detention camps along the us mexico border conditions which those who have visited it say are simply appalling and perhaps constitute human rights violations as well as the ongoing investigation into a man who is said to have been a longtime acquaintance of the president and who is now being accused of running a child sex trafficking ring jeffrey epstein there are critics who say that the president is trying to distract from both of these situations because they both are connected to him the president thank you for that rossley in jordan live for us in washington d.c. . the leaders of mexico and one jurists have signed a pledge to care of the number of central american migrants seeking asylum in the united states honduras will adopt similar programs to mexico which put people to work planting trees and offer a monthly payment to young students the page was signed in the mexican state of vera crones money is there and has this report. the presidents o

ross president doesn't seem to be backing away from his racially divisive rhetoric no he's not foley and as you noted the president was doubling down on sunday morning before he apparently went out for a day of golf this is a situation where the president is not adverse to using a racist language in order to boost his political standing with his political base and he's also not averse to using this language as a diversionary tactic cricked critics are suggesting that he's doing so because of the announcement late last week that. some members of the democratically led house are looking at possible impeachment hearings because of what they heard from the former special counsel robert muller this is of course something that has dominated the sunday public affairs shows here in the united states with both critics and supporters of the president weighing in on the situation and basically agreeing that if nothing else the president's once again has focused attention on his views of race and diversity in the united states and tell us more about the reactions. well overwhelmingly you had peo

and my grandmother used to tell me if ignorance is bliss, his foley could be wise. and that's my message to republicans. >> all right. peter, henderson, nevada, on a republican line. what did you hear today, peter? >> caller: how you doing? i heard a lot what i was hoping to hear from mueller, and i'm very proud of the way he presented himself today. and i do hope that we actually do kind of impeach the president because he is wrong. if that was someone like myself or you that committed that crime, immediately, we will be put right behind bars. >> okay. >> caller: it's not fair that just because he's the president that he's not going to get the statement treatment. >> okay. we'll hear one more call here from damascus, sue is in damascus, maryland. good afternoon, sue, go ahead. >> caller: hi, good afternoon. i justwanted to -- i watched everything. love c-span. i wanted to make a couple quick comments. number one, i felt very sorry for robert mueller because it became very clear to me that he did not write that report. he did not do the hiring. he was not in charge

this is something i'm concerned about for two reasons one because as you may remember james foley was murdered by isis terrorists who are suspected to be called the beatles now, he was a constituent of mine so i followed very closely what's gone on with the peace to detainees who are currently but i think it's also a broad issue because we have hundreds and thousands of fighters that are being detained, many of them are foreign fighters whose future is unclear and what potential threats they could pose to europe, to the united states and the middle east if they are released. one of the things included in the senate pass defense bill is an interagency isis d. cheney coordination position to help focus on the situation with detainees. if confirmed, will you commit to doing everything you can to ensure that the position is properly resourced and that it gets the attention that this issue needs? >> i want to just take a moment it was a horrible, brutal act and the people who did many of them are held accountable but that isn't complete yet. he's close to our heart and i will commit to mak

that is a nice little bucket of change for david foley of blackstone.company's reporting this week. you've got industrials and tech. pre-positive news when it comes to lockheed martin and united technologies -- pretty positive news when it comes to lockheed martin and nidec technologies. -- and united technologies. still with us is abhay deshpande . what about sectors in your portfolio? abhay: industrials is a big one. that is a big general industry, but we own a company in the netherlands that do exactly what should near does. you saw the company that owns the terminals, and this represent a big discount to the some of the parts of the terminals. it is very similar to what they are selling here. that is an example of how, if you go into europe, you can find companies suffering from this european wet blanket sort of discount purely because of the headlines. many times, people are ignoring the fundamental values that are there. we continue to get companies taken out from us because of this. we had a company like merlin taken out. it was the second larges