i am tom keene with francine lacqua. but not shocked that reduce the rating after moody's. francine: it is not a shock but quite a big deal. it is the first time they have done it since 1991. they also lowered the rating on a three forward banks that primarily operate in china. you have to look at the implications. tom: do not show china when i am trying to straighten out my bow tie. there is serious news and hurricane leads the story. puerto rico without lights. oh,or: yes, in puerto rico hurricane maria made a bad situation worse. it and knocked out power to the whole island and potentially cost billions in damages. it cap -- it helped push the island in two exodus. in mexico city, a race against time to rescue a younger girl trapped in a school rubble. 230.eath toll is now dozens of buildings collapsed and dozens are in danger of falling. u.s. secretary of state rex tillerson is urging european counterparts to make changes in the iran nuclear deal. he spoke hours after president trump said he has made a decision wheth

this is "bloomberg surveillance" and i'm francine lacqua in london. first, let's quickly check on your data. prices across the board quickly tell us the story and the mood. we also had possible sanctions on north korea being discussed. the dollar is gaining and treasuries are falling. of course, the north korean missile test failed to materialize and hurricane irma struck the u.s. with less force than feared, which is why the gold yen and swiss franc are falling. reporter: was korea has warned of retaliation if harsher sanctions are approved against the country. is jong un's regime says it closely following the moves. pyongyangconducted -- mostcted at siits sixth and powerful nuclear test. the surprises strength get support from metals to fuel and shows the effect of resilient demand. the u.k.'s frexit secretary has warned lawmakers if they block a key piece of domestic legislation today it could lead to a care at departure from the european union. david davis rejected accusations that the government launched a power grab. this contains so-called henr

we welcome francine lacqua.e all attended across the haze of midtown manhattan. sees as far as the eye can with the un's general assembly. the president moderately tying up traffic today. worldwide, this is bloomberg. ♪ so new touch screens... and biometrics. in 574 branches. all done by... yesterday. ♪ ♪ banks aren't just undergoing a face lift. they're undergoing a transformation. a data fueled, security driven shift in applications and customer experience. which is why comcast business delivers consistent network performance and speed across all your locations. hello, mr. deets. every branch running like headquarters. that's how you outmaneuver. every branch running like headquarters. so we need tablets installed... with the menu app ready to roll. in 12 weeks. yeah. ♪ ♪ the world of fast food is being changed by faster networks. ♪ ♪ data, applications, customer experience. ♪ ♪ which is why comcast business delivers consistent network performance and speed across all your locations. fast connections everywher

i am francine lacqua.ter theresa may just arriving in town and earlier she was pledging that britain will defend its allies from an increasing russian threat. she was joined by emmanuel macron. we will put some live images out and you can access them through the website. a lot of the leaders are just arriving now but they will start negotiations and talks in the next couple of hours. the european union's president on tuesday welcomed what he called a more realistic tone on brexit negotiations from theresa may. said the philosophy of having a cake and eating it is coming to an end, but concessions do not go far enough to warrant the start of trade talks. the first round of brexit talks wrapped up in brussels, with the chief negotiator warning it could take months before the talks moved to trade. welcomed ther positive -- >> the prime minister's -- we felt this during the negotiations this week. nejra: new figures showed u.k. consumer confidence rising to a six-month high though it remains below pre-brexit l

this is "bloomberg surveillance ," we are live from our indquarters in new york and london with francine lacquait is an important day. insightgreat what the challenges are. the fed is a lot like the boe looking at technology. tom: do you think that, france -- the conference will go we will destroy this. doubt abouthave no that. it will be interesting to see if he speaks with jack ma or not. tom: we will see that with the panel this afternoon, mr. gates among others. news anderg first word difficult news from mexico, here is taylor riggs. taylor: for the second time this month, mexico has been hit by a killer earthquake, and earthquake of 7.2 struck mexico city. the quake hit on the anniversary of another one that told thousands of people. hurricane maria has lost some steam as it takes aim at puerto rico, but it is still a dangerous category four storm with top winds of 155 miles per already has battered dominica. a crisis in the british government has been averted. foreign secretary boris johnson has backed off his threat to put theresa may's cabinet over a brexit strategy. that clears away fo

in milan, italy, is francine lacqua. european and italian banking in the last 12 months. it must be most interesting this time around. francine: it is most interesting. finished a fantastic panel looking at the challenges and opportunities for european banking sectors. when you look at italian banks, they have been in a funny place. investor start looking at them because of the turnaround or selection points that we saw because of nonperforming lows that offered consolidation in europe. what comes next is the big question for a lot of us. we talked of mifid ii and brexit. now, the ceo of mediobanca. thank you for joining us. when you look at the italian banking system and i spoke earlier, to the finance minister, they both say, this is an inflection point. how can you be so sure that something ugly is not around the corner? something with the political system? >> i think they are right in saying, italy has removed the systemic risk with two major interventions. one was the capital increase and the cleanup and the second

boivin is in london with francine lacqua.t the bank of canada, as compared to the focus on the fed, boe, and the ecb? what is the key distinction of the bank of canada? >> i think this is a good starting point. thiere is a unique story in canada. we have a tendency to extrapolate to all central banks, to quarter night, -- to coordinate, but there is something specific going on. canada has been facing a massive shock.ce shice they have been responding to this with two rate cuts, and they have categorized this as insurance policy against major headwinds. since april of last year, they have made clear that they don't think this is required anymore and we see now two hikes that have been implemented most recently last week. tom: let's go back to the chart here, folks. i've shown this many times. i call this the trudeau chart. this is 1.40 on the dollar canada. here's the massive oil boom. strong canada, lehman low. when mr. trudeau came in, she dollar-canada wa weaker than it was during the lehman low. the question is, can canada

visiting is francine lacqua. you will be speaking at the forum. ots of heads of state, but you could argue there are two things to watch out for. showdown between theresa may and boris johnson and the implications it has for the brexit and pound. your president is giving the address of the u.n. to the. today. tom: let's get our briefing right now on first word news. here's taylor riggs. taylor: we are starting with that hurricane you mentioned. for the third time in two weeks, the caribbean islands are bracing to be hit by hurricane. maria has become a category five storm. it has caused widespread damage to the island of dominica. the hurricane is now headed for the u.s. and british virgin islands and puerto rico. there's a report the u.s. investigators wiretapped former trump campaign chairman paul manafort before and after the presidential election. someding to cnn, communications profit concern that paul manafort encouraged russian involvement in the election. said thatork times" robert mueller special prosecutors plan to indict him. ,aul manafo

i'm francine lacqua. in new york is of course tom keene. comes to how you measure inflation. tom: beginning in six days from today. thursday to wednesday. the fed meeting next week. one of the themes is the inflation conundrum out there. it is great to have davide serra with us this morning. francine: first let's get to first word news with taylor riggs. taylor: kim jong un 's re-regime threatened to use a nuclear weapon against japan saying the country no longer needs to exist. japan called the statement extremely provocative. president trump has blocked a hinese investors from buying latticesemiconductor. democratic leaders in congress have a tentative deal with president trump on the so-called dreamers. it is a law that protects children from deportation. and the investigation into russian influence on the u.s. election now has what is being called a red-hot focus on social media. looking ller's team is at facebook and twitter according to people familiar with the matter. 2700 news powered by analysts. tom: thanks so much. quiet day. let

i'm francine lacqua in london. we will be talking a little bit about what the boe can and cannot do. i am looking at dollar extending gains. stocks, overall advancing a touch. this is after janet yellen boosted expectations for an interest rate rise in december. we have crude resuming a rally after tuesday's pause. we'll keep an eye on the market movements. .ut first, here's nejra cehic reporter: president trump says he is prepared to use devastating military force against north korea, saying his preference was for the world to work together to end the onion's nuclear -- to end pyongyang's nuclear program. >> we are totally prepared for the second option, not a preferred option, but if we take that option, it will be devastating, i can tell you that, devastating for north korea. that is called the military action. reporter: theresa may says she is bitterly disappointed about a decision by the u.s. government to slap import duties of 220% on a new jetliner. citedmmerce department improper subsidies. more than 4000 p

this is "bloomberg surveillance ," i'm tom keene with francine lacqua. t 1986 and the months it took to do tax reform. francine: it is, but a lot of investors were saying it is a three page tax reform plan. a couple of months ago we had one. it is very difficult to imagine at this point if you are investor to figure out the tax reform plan in detail. is we areood news expanding to 240 characters on twitter. after that will provide clarity. taylor: president donald trump campaign, casting the proposal that would boost hiring across the country. reduce the corporate tax rate down to 20% from the current 35%. we willump: dramatically cut the business tax rate so we can beat our foreign competitors and start winning again. taylor: under the framework, businesses would be able to write off capital spending for at least five years. they go england governor says the boe has been given the tools to deal with brexit, but does not make it an all institution that can solve everything. >> the bank will do everything it can consistent with statutory obligations. we wi

i'm francine lacqua in london. we have great guests to talk about your markets by your politics and the economy. but first things first, let's quickly check on what the data is telling us. if you look across assets, it is very clear that stocks are down the touch. they actually recouped some of hatir losses -- under news t north korea is ratcheting up its threats against the u.s. the yen stay put. i'm uncertain about how to trade yen. it would be one of the countries in the line of fire, if something were to happen in the korean peninsula. treasuries retreating. the dollar falling for the most in two weeks, on the back of north korea. wti. we just spoke to nine a jury in oil -- the nigerian oil minister. plenty more on that. it would also get manufacturing figures out of the eurozone. better than expected. said, geopolitical risks weighing on the market. kim jong-un has threatened u.s. with the highest countermeasure in history. the foreign minister includes that -- says that could include testing a hydrogen bomb i

first, italy's finance minister will be joining francine lacqua at 11:30 a.m.ocgen's chairman. that is next. this is bloomberg. ♪ is this a phone? or a little internet machine? it makes you wonder: shouldn't we get our phones and internet from the same company? that's why xfinity mobile comes with your internet. you get up to 5 lines of talk and text at no extra cost. so all you pay for is data. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit, or go to xfinitymobile.com. some scenarios to solve the crisis are uglier than others as pyongyang said it could shoot down american warplanes. macron turns to merkel. the french president will need germany's support as he tries to reshape europe. but with merkel's position h helped, how much can hshe provide?

good morning, i'm francine lacqua in london. it is a very packed show in terms of data flow, this is what i am looking at. let's put everything into context with asset classes. overall we are seeing quite a lot of equities higher after we saw the s&p 500 rise to a record, treasuries tumbling after we had less damage than originally feared from hurricane irma which supports a case for gradually improving economy. this is a picture for the stoxx of thatthe back hurricane we are also looking at crude oil and this is one to look at, euro-pound and pound-dollar. here's sebastian salek. sebastian: the un security council has approved a new sanctions aimed at punishing north korea. the u.s. dropped key demands to win support from russia and .hina wil it seeks to give countries the freeze -- to freeze cargo ships who don't agree to inspection. >> today we are intending to take the future of the north korean nuclear program out of the hands of its outlaw regime. we are done trying to prod the regime to do the right thing. we are now acti

michael bloomberg spoke with francine lacqua about one key global relationship between china and the by an enormous amount goods from them. they buy an enormous amount of services and technology from us. in this together. i don't think you should think that the chinese have gone from making low-quality products that depended on cheap labor, baseball caps on t-shirts, and norm as quantities, then as their labor force became more sophisticated and wanted more money, they were priced out of that market and it went to bangladesh, indonesia and other places, and they started making more sophisticated products. what was a joke made in china and meant cheap stuff, went to made in china means quality stuff. made in china. if you think they can't make quality products, they can. they went from copying everything they did to inventing their own stuff. there is nothing that can stop the progression. we have to make sure we don't fall back. we can fall back very easily if we don't innovate, if we don't improve our public school system, which is getting worse, if we have immigration policies that

withney: he was speaking francine lacqua. --alestinian attractor attacker opened fire.e killed three security minute weekly wondered fourth. this is the fourth attack. the attacker was killed. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries, this is bloomberg. vonnie: thank you. dipping his toe. $160 million to start his own bond. bond aroundn dollar the currency. are shouting. this is bloomberg. ♪ vonnie: this is the european close on bloomberg markets. it's time for taking a hit as the company has criminal charges. we are talking about an investigation into payoffs on a college basketball. julie hyman has the details. julie: this is a three-year investigation by federal possible readers into college basket all in the united states. the prosecutors are alleging there were illicit payoffs to steer athletes to particular schools. eventually into clothing contract and financial ties three deals. there were 10 individuals cited in the complaint. they are representatives of companies. one of them was the director of s

tom keene and francine lacqua have the day off.dlines from the central bank -- russia central bank governors saying russia is to discuss a rate cut of 25-50 basis points on september 15. of the russian central bank governors saying also the anchor of russia may start -- also saying the bank of russia -- this is something we will keep an eye on for more headlines coming out of this interview and you will hear more from this interview that guy johnson has .one in moscow tomorrow first, we've got the first word news. here is taylor riggs. taylor: hurricane irma is taking aim at florida and it could turn out to be the most expensive storm in u.s. history. evacuations have been ordered for downtown miami and miami beach. barclays has estimates of a worst-case scenario of $130 billion of insured losses. the hurricane's 180 mile per hour wind devastated a small chain of caribbean islands and it has lacked out much of puerto rico. korea mays warn north launch another missile as soon as this weekend. china objects to the midst of -- missile

and london.w york i'm tom keene with francine lacqua. ave said they are trading as a terrorist attack. an explosion. we have seen pictures on social media showing a bag with fire in it. it is a leafy area. a quiet neighborhood with a lot of bankers, especially from europe there, tom. in thest night we saw it evening of another missile attack in syria. taylor: for the second time in two months north korea launched a missile over japan. further to put the u.s. island of guam in range. theay be a signal on what trump administration plans to do iran -- not sure what to do about certifying iran's compliance. has been, president hit with the second side of criminal charges. took $188 million in kickbacks. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. tom: thank you. let's get through data checks. kathleen fisher with us of a b bernstein. -- american oil with a 50 dollar print. some of that is of course london and north korea gyrating the vix as well. what you see in sterling? francine

mark: he made the comment in an interview with francine lacqua in milan.tary of state rex tillerson is meeting with cuba's foreign minister today as an ongoing investigation continues into mysterious attacks on american diplomats in savannah. at least 21 u.s. diplomats have suffered physical symptoms including brain damage and hearing loss since late last year, as a result of what tillerson has described as health attacks. u.s. officials believe the attacks may have been carried out with some sort of sonic device, but have been unable to determine the cause or who was behind them. cuba has denied any knowledge or involvement. in alabama, voters are heading to the polls for a special senate election for the seat once held by attorney general jeff sessions. president trump is supporting senator luther strange, tweeting this morning that strange has been shooting up in the alabama polls in his words, since my endorsement. --ish the job, but today, or for big luther. strange as being opposed by roy moore, known for publicly displaying the 10 commandments and o

you can see the ceos of mastercard and unilever speaking with francine lacqua. >> an ocean of turbulencewhat we are seeing is frothy water. more people come together and understand it is only when we work in alignment with each other with a stakeholder approach, not just the idea of making money. you need to go more towards the long-term. you need to focus on what people like paul are practicing in public markets bravely saying we will change the way things are done. all of us need to focus. it is not business as usual. we need to redefine the paradigm we will be facing. it is going to be a different world. technology will disrupt the world the way politics disrupt it anyway. we need to think out-of-the-box. since everyone is giving examples from their businesses, we launched a business two years ago around the health care space . we put together a fund with the gate foundation, phillips, it was not about my firm. it was the totality of all of the players. what we have managed to create our solutions that will affect 300 million people across africa. that is called result. at the same ti

bloomberg's francine lacqua explored the topic in several interviews. nk recently took over the business of two troubled lenders. ♪ francine: how is this synergy going and do you think we are over the worst? >> if you look at the banks we are already delivering significant results, especially in returning back of deposits from management, so there is an increase in just in three months. so it is very positive. also you look at the cost side, , a we have received applications from the people 1000 that can leave in the organizations, so on revenue and cost side, we are perfectly on track on the plan on synergies on these two thanks, and we will be all right by the end of the year. i think we can exploit very good results from these two banks. francine: do believe investors focusing so much on the banks, will move on to worry about the small italian bank in general? >> italy is a country, in my view, that there is an overestimation of the negative. all of this trend of negative attitudes towards italy. in my view, today we are completely out from the negati

i am francine lacqua. here's nejra cehic.ra: as the merkel has won a fourth term as chancellor but her victory was marred by for thet support alternative for germany party. both as a merkel's bloc and martin schul's bloc plunged. -- over the weekend by saying that players who protested lease brutality by kneeling during the national anthem should be fired. in be a superstar lebron james called him a "bomb" on twitter. meanwhile trump has ordered a new travel restrictions on eight countries replacing the current ban on six majority muslim nations. it targets travelers from iran, libya, syria, yemen and somalia and also affects chad, north korea and venezuela. movie opens donald trump to what could be a new wave of legal challenges. iran has testfired a new ballistic missile in defiance of the united states according to press tv setting islamic republic of iran's movie opens o what could be a new wave of legal broadcasting. the missile which is table of reaching much of the middle east was unveiled during a military parade on f

up next, francine lacqua and "bloomberg surveillance." anna edwards on bloomberg radio. ♪ francine: havoc slams florida. benin on the defensive. the former white house strategist calls up gary cohn. what is gary cohn's future in washington. a cautionary tale. the construction company defaults on $209 million. we speak to the outgoing lundbeck and future tevo

but i will hand the reigns over to francine lacqua and the surveillance teams. by tom keene in new york a little later on. i will go to radio. anna edwards will take you into the next hour on bloomberg radio and we will break the data at 9:30 a.m. a little functionality here, the screen you want is eco or weco. this is the screen you will get and this will fill in as the data comes out. that is what you want to the next half hour as we wait for the data coming through later on. bring you our exclusive interview with mexico's finance minister. this is bloomberg. ♪ so we need tablets installed... with the menu app ready to roll. in 12 weeks. yeah. ♪ ♪ the world of fast food is being changed by faster networks. ♪ ♪ data, applications, customer experience. ♪ ♪ which is why comcast business delivers consistent network performance and speed across all your locations. fast connections everywhere. that's how you outmaneuver. and asianeuropean equities climbed after the s&p 500 has an all-time high. irma does less damage than feared. theresa may's bill clears its first ma

coming up, interview, francine lacqua will be sitting down with bob diamond. cannot wait for the conversation. this is bloomberg. ♪ jonathan: from new york, this is bloomberg daybreak. francine lacqua is then by in the line. -- in milan. francine: jonathan, thank you so much. i am here with bob diamond. he is on our panel. about the relationship between eu banks and wall street. bob, thank you for joining us. did you understand where the opportunities about the relatiop were? i know you are here in europe to find deals. bob: we are very bullish on europe and banking in europe. i say that recognizing that i have not been bullish on europe as an economy, as an investment opportunity in at least 12 years. we heard the finance minister talk about the progress that is being made on nonperforming loans with the banks in italy. it is not enough but it is progress. they have a hidden inflection point where banks in italy are becoming investable again. the ideal situation would be to find a great bank that has immunized or ring fenced or sold the nonperforming loans, s

up next, it is "surveillance" with tom keene and francine lacqua. rg radio. ♪ francine: the dollar and treasury yields climb, as largestt trump once the tax cut in american history. pres. trump: we will cut the tax rate so american companies and workers can be our foreign competitors and start winning again. the bank of england marks 20 years of independence. a rate hike should not be seen

up next, it" is bloomberg "surveillance francine lacqua joined by tom keene. to bloomberg radio with the bloomberg team live on london dab digital. plenty coming up. this is bloomberg. ♪ so new touch screens... and biometrics. in 574 branches. all done by... yesterday. ♪ ♪ banks aren't just undergoing a face lift. they're undergoing a transformation. a data fueled, security driven shift in applications and customer experience. which is why comcast business delivers consistent network performance and speed across all your locations. hello, mr. deets. every branch running like headquarters. that's how you outmaneuver. levels. valuablee world's most company. tim cook calls it the future. ahead of ubs investment, there could be trouble ahead. ,> some people might say great i would love to go to frankfurt. others might say, no way. francine:

the owner of bloomberg news, michael bloomberg spoke with francine lacqua about the type of relationshipre should be between the u.s. and china. ask we buy an enormous amount of ands from them and they buy enormous amount of services and technology from us. we are both in this together. the chinese have gone from making low-quality products that depended on cheap labor, baseball caps and t-shirts, in enormous quantities. then as their labor force became and domesticcated more money, they were priced out of that market. it went to bangladesh in indonesia and other places, and then they started making more sophisticated products. what was a joke when made in china make cheap stuff, it went to, quality stuff. if you think they cannot make quality products, that's not true, they can. they went from copying everything we did too now inventing their own stuff. there is nothing that can stop that progression. dojust have to make sure we not fall back, and we can fall back. easily we don't innovate, if we don't improve our public school system, which is getting worse, if we have immigration poli

alix: that was michael bloomberg, and joining us from the bloomberg business forum is francine lacquae center of the world. i am glad mike said that. what are you looking forward to? francine: this is the first edition so as michael bloomberg was saying, 50 heads of state. the underlying need for the form is to figure out what the next 10 to 20 years will bring. if you look at the pace of technology, the change over the last eight years is more than we had over the last 250. by bringing people together, this forum is trying to get a conversation started on how to fix some of the problems. i will be focusing on a panel of the un's sustainable development goals. it is a way of getting your brand to be good and liked. is it a massive pr exercise? are certain businesses taking it seriously, and how do you measure it? how do you know someone is not cheating when they say they want more financial inclusion in the world. alix: what about u.s. politics on the ground? of the key lot sessions will address the concerns that may be more emerging markets have had. one session i am particularly kee

speaking to francine lacqua at the business forum. kind i am sure you are aware we will be companyto ppc, cement in south africa. i hope we will be able to agree -- really because needs consolidation and i think it is the right thing for us to go in there and it is not really a rumor. sebastian: global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. thank you. oil heading for its third weekly gain. a meeting in vienna today to discuss ongoing production curves. we caught up with nigeria's oil minister in the capital. >> we would like to see a lot more. -- there is a level below, which we can -- is there a scenario where this -- where yoube a come together and make decisions on a quarterly basis? is this something that will not go away anytime soon? >> i hope it goes away. i hope we get to a point where the market naturally determines and where others consistently who are not there, private mechanisms we can afford, so it does not continue to be -- yousef joins us f

i'm francine lacqua in london.

he was speaking with francine lacqua.aye have to find a to connect the raw material to the finished product. that is where the value is. so far, either out of negligence on our part or difficulty globalizing the finance in the technology, we have not been able to do it. juliette: that is your bloomberg business flash. anna, manus. manus: thank you very much. the u.k. prime minister will propose a period of transition when she delivers her brexit speech in its leader's afternoon. theresa may hopes to give clarity to companies worried about the looming split. florence, onis in location where the premise or will be speaking. anna, great to see you. theresa may will try to reboot these negotiations. i suppose that is the principle of why she has gone to florence. it is a much-anticipated speed. we have some snippets of what we think we might hear from her. what do you think the big focus is going to be? the focus on transition, it seems. we understand from our reporting overnight that she is going to ask for a transition. the

tom keene and francine lacqua having a morning off.g on around the world now. geopolitics front and center. let's get a first word news update. >> the governor of texas says the ultimate bill for hurricane harvey may top $120 billion spent on hurricane katrina. lastly president trump asked for $8 billion. governor greg abbott said that is just a down payment. angela merkel and her main election opponent has gone head-to-head in their only televised debate of the election. faced kurt questions over keeping the borders open for immigration. the country's election takes place on september 24. the european union's chief brexit negotiator says the british people need to be educated about the price they will pay for quitting the eu.that is according to the bbc. he is reported to have told the forum that there are serious consequences to leaving the single market. use economice affairs commissioner says brexit talks may fail to move on to trade discussions after october. a told bloomberg tv he has first look attitude. >> we must resolve the i

guy johnson francine lacqua. y, how will the prime minister be greeted by parliament?hter. the idea that she wants to fight election aseral prime minister has not gone particularly well with the bank sector. i wonder if she has fired the starting gun as we approach the season. tom: that is september in the united kingdom. all distracted by the tragedy in houston. we began our first word news on harvey with taylor riggs. the death tolls, has risen to 39 from tropical storm harvey. authorities in the houston area are still searching for victims, and they think let waters are expected to be gone from most of houston virally tomorrow. meanwhile, firefighters are monitoring a chemical plant after an explosion and fire. warn therecially could be more. president trump may use the disaster to lower the risk of an unprecedented default. wants to extend the debt limit at least until congress can fund the government through the end of the year. theresa may's third round of brexit talks have begun. >> i think the prime minister and her cabinet are going to raise their game. i have

joining me on "leaders with lacqua," ceo of yoox net-a-porter, federico marchetti. franciner,

joining me on "leaders with lacqua," ceo of yoox net-a-porter, federico marchetti. francine: