most recently from morgan stanley investment bank which enables us to accelerate our growth to global cities you make money? that's right. there are a number of ticketing sites so to stand out, we recognise we had to be more of a promotional powerhouse to help the event organisers promote their events to the right event goers so we make money firstly by charging a commission on top of face value of the tickets and also advertising services to help the promoters further promote their events. what is it like trying to run a business like this as a young woman of colour? there were definitely some challenges will stop i black woman to receive funding from that investor. i appreciate i am breaking glass ceilings in what i'm doing but i am fiercely ambitious andi doing but i am fiercely ambitious and i have never allowed the fact that i don't necessarily fit the ideal model for a tech founder to stop me. and neither should anybody else. you are moving to the us, there must be a massive market. absolutely. urban music is the numberform absolutely. urban music is the number form of music across the

uber and lyft and that's just not the face you want to put forth as a city that's supposed to be a global city. someone gets off an airplane and there's no cabs and we screwed up the medallion thing and you have to wait 20 minutes. >> tom diaso. ron collins? evelyn engal. sukam waja. laku malesi. >> if we have people in the room still intending to speak come and line up six and seven at a time and we seem to have lots of cards and no speakers. >> my name is ashwani ari and i've been driving my cab 20 years and got my medallion in 2008. it's unfair for you to ban us from the airport. our medallions should not be banned. you guys sold the medallions, made lots of money and you should have regulated uber and lyft. when you sell somebody a business you have to protect the business. it's not our fault. why should we pay for that. please don't ban us from the airport and regulate d.n.c.s and refund the $250,000 to the medallion owners who bought the medallions. >> thank you, next speaker, please. >> my name is lako malis and i've been drying 40 years and i appreciate bringing this issue to us and we

where jeff bezos owns a $20 million mansion or new york city, the greatest global city in the world with more headquarters than any other city, or jeff bezos and condominium in the me warner center, if i could see it in january and i'm not the only one, i think it was clear theykn who they wanted to go, why put 236 cities through? the cities had to have board time, staff time, consulting time all putting this together because i think amazon had something bigger in mind, theo y wantedt to know all of the cities, they wanted the best database on economic development and site selection a ultimately will site a lot of things and maybextct incentives from the cities in the process. >> are the incentives that the cities and the states are offering, we heard governor cuomo in that say say it would be a great economic asset, isit worth getting the headquarters to give up those tax incentives, those other incentives? >> no, absolutely not. the level of incentives that governor christie was talking about, 5 bcialtion i think, the state of maryld, i believe, wullion on the table there's no way 25,0

we are global city. , i key message i'm taking will be meeting the finance minister, the mayor of berlinerman businesses, england is open to trade, talents, to investment, to business, even if it is the case we leave the european union. that's not going to change. the access to a fantastic talent pool, a system you have in london which is financed by tech and culture and lifestyles, the world's best universities, it is important i give that reassurance to german businesses from bosch to bmw, from the banks who do so much business in london. the deal prime minister may is negotiating is at the best a bad brexit deal and that worst we could be in a situation where there is no deal whatsoever and no circumstances where i say to the prime minister she should give the public about for the first time whether they accept those negotiations with the option of staying in the eu. she has ruled that any other referendum on brexit. how will labor mps vote on theresa may's plan if she achieves one? how do you think labor mps will vote? will they vote for her plan or will they vote for no deal? >> nat

and that question was given to us by a non-profit called c40 cities which is a global network of citieslooking at climate change and the president is the mayor of paris. she is a big believer in asking the questions how is our work impacting women so she said a challenge to the cities that were part of c40. can you ask the question about gender when you are trying to look at your climate change policy. it was embarrassing when we looked at our climate action strategy and it has questions and looking at grouping people and not gender. we took the challenge and said where do we like to start? we look at the aspect of our behavior and something important for reducing greenhouse gases and chose that as our first putting our tow in the water on asking about gender. what we know from looking at other cities that are c-40 members is there's a big difference between leading cities on how women respond to bicycling. so the city of copenhagen, 55% of the bicycle riders are women. the city of seville started with well under 10% is now at 35% of bicyclists are women. 49% of our is e-mail but the pe

when it comes to a global audience coming to the city of san francisco to talk about sustainability and to talk about climate, where do we begin as a city and as san francisco and the department of the environment? to me it began with inspiration, we wanted to inspire others to learn, to share ideas and that was a foundation of the communications and outreaches that we developed for this particular -- well, for this summit. how did we go about doing that? and we shared ideas and one of the best ways to do that in advance of the conference or the summit, rather, was to develop a delegate kit. this would showcase all of the things that we as a city and a county are proud of. when i use the word "city" and county, 13 other agencies joined our meetings to discuss this conference or this summit, sorry. we had sftsa, and the m.t.a. okay. we wanted to share the things that we were really proud of. this is one vehicle for us to be able to did that. that was something that was really important in advance of the conference. we wanted people to come here and to understand a glimpse, a taste, of su

puts the brakes on the world's two biggest economies and it's pulling down the global economy with it. china's biggest city and financial nerve center shanghai more than three and a half thousand companies from around the world are here at the china international import explodes but is it just a stroke of luck that the i.m.f. and world bank delegations are in the country at the same time china the world's biggest exporter is trying a new tack they want to ramp up future imports the chinese government unveiled its strategy at the expo well yeah. so we'll continue to implement a proactively school policy and push for cutting taxes and fees meanwhile we'll optimize the business environment in order to further mobilize market players. to that in the government has been dismantling trade barriers and since the beginning of november reducing tariffs on many products in the first three quarters of the year china's imports climbed twenty percent to one point six trillion dollars so in the face but i.m.f. chief christine legarde warned china's growth would slow through next year and into twenty twenty thanks to the

companies are having an absolutely fabulous year said alexei boll chicago general director of citi group global markets they earn more per barrel than they did even during one hundred dollars a barrel oil prices these guys have exorbitant profitability that's right because of the quirks.

companies are having an absolutely fabulous year said alexei bowl chicago general director of citi group global markets they earn more per barrel than they did even during one hundred dollars a barrel oil prices these guys have exorbitant profitability that's right because of the quirks of the way oil is priced in dollars. so russian oil producers are raking it in i guess. goes against the narrative that we're applying some kind of sanctions that hurt them well it also goes towards explaining the cost of production is a lot lower when you don't have to frac refract requires fracking requires heavy artillery you don't just you know stick you know traditional oil donkey one of those things that you always see the classic junkie looking.

companies are having an absolutely fabulous year said alexei boll chicago general director of citi group global markets they earn more per barrel than they did even during one hundred dollars a barrel oil prices these guys have exorbitant profitability that's right because of the quirks of the way oil is priced in dollars so russian oil producers are raking it in i guess. goes against the narrative that we're applying some kind of sanctions that hurt them well it also goes towards explaining the cost of production is a lot lower when you don't have to frac refract requires fracking requires heavy artillery you don't just you know stick you know traditional oil donkey one of those things that you always say the classic the monkey look of you know just pumping the butt a straw in an oil comes out you have to go down across blasts a whole bunch of clean water a whole bunch of sand and chemicals in there and then take it out hydraulic fracturing yes so it obviously requires a lot more work it's you don't have to you know you have to be like in serious cognitive dissonance if you can't see that just

global economy. ministry's police forces and city administrations of many countries depend on one corporation that does what mike was hoping to avoid doesn't come from the presence of god i'm just going to going to go through the. woods as that see that he got into this it's just a little bribe them proprietary software you don't know the source code isn't that a such a security risk when you have a black box operating who probably got to microsoft dependency puts governments under a cyber threat and not only that mr maule. the softness of the sense of selling this is also the only one. true almost. all of. the rules and all this is the. co-host i'm done with the all business stopped and there was a steel mills in front is up and his cards on the fine. in the stories that shaped the way karen r.t. china gets its military ready for war and the trade in territorial disputes and worsening relations with washington. meanwhile donald trump announces the renewal of all pre nuclear deal sanctions against iran a decision that angers washington's european allies who vowed to protect their business interests me

but coming off its worst day in three years and a 12-day losing streak let's bring in ed morris, citi's globalead of commodities research ed, good morning. >> good morning. >> so lay out for us how investors should be thinking about this relationship between oil and equities lower oil prices, higher dollar. earlier today a guest was saying that's a great setup for the fed to continue in a gradual way how should we look at it >> i think it's confusing because there's so many things going on i think the major factor in this sell-off has been psychological. it's a bear sentiment that set in the market had been overextended it was very long we were at the time brent was hitting $86 plus a barrel. we had the longest ratio between longs and shorts in the history of the market. so that was bound to sell off. now we've gone to a very short position based on a whole bunch of bearish news. i don't think it's risk on, risk off with equities. the commodity markets and oil in particular are acting on its own and i think it's headed for a bounce we have a ways to go before the wintertime we need to count th

. >> really interesting stuff and a fascinating week for global fixed-income. for new york citys it for us. this was bloomberg real yield. ♪ the longest losing streak on record. sorting the soy. u.s. farmers are storing soybeans rather than selling them after prices fall in june. jeff miller is confident pricing power will return. alix: welcome to "bloomberg commodities edge." 30 minutes behidn the hottest commodities with the smartest voices in the business.

from the paris climate agreement, california governor jerry brown and new york city mayor michael bloomberg created a global climate action summit. with speakersvent including actor harrison ford, the ceo of starbucks, and house democratic leader nancy pelosi. this is three hours, 20 minutes. [captions copyright national cable satellite corp. 2018]

global economy . ministries police forces and city administrations of many countries depend on one corporation that does what mike was hoping one or more doesn't come from on the rise of god this is coming down to the . woods as if he did he got into this it's a. proprietary software you don't know the source code isn't that such a security risk when you have a black box operating the public eye to microsoft dependency puts governments on does cyber threat not only that. this is an easy sell to the only one. with. the ease this is. done with the old. the fun is on his cards and the fine. art. headlines on aussie international america is hours away from officially heading to the polls in fiercely contested elections but all being billed as a referendum on the trumpet ministration. the anonymous group take to the streets of london as part of a million mosque march and elsewhere in the u.k. people celebrate and.

global economy. ministries police forces and city administrations of many countries depend on one corporation that does my mike was hoping one of. the president. this was going to come to. proprietary software you don't know the source code isn't that such a security risk. when you have a black box operating in the public eye to microsoft dependency puts governments under a cyber threat and not only that some team think off message and put us in more banks or we close all facilities this is for the zip selling this is also the only one local all of them will fall into almost up the wall in this to the boardrooms all of those with bats you know buildings and all this in the arsenals that will be done with the old vision stopping the more sustainable homes a fund is up and describes on the fly and. join me every first week on the all excitement and i'll be speaking to get out of the world of politics or business i'm show business i'll see you there. yes i. was. i was. there on the. right was. a regime has a choice they can either do a hundred eighty degree turn from its outlook course of action the click

because it is such an international city they are very interested in that global perspective. you're watching all does their own whole robin and these are all top news stories u.s. senators are proposing sanctions on saudi arabia over the murder of journalist jamal khashoggi the war in yemen if it becomes law it will block or prevent saudi war planes from refueling at u.s. bases the bill has support from members of both the democratic and republican parties as mike hanna reports arrives today to call for an end to the u.s. involvement in the war in yemen well the issue after it was not on the senate to gender today it was very much on the minds of senators it was the senate that invoked the global magnitsky act in terms of which the sanctions have been imposed and while the move has been welcomed senators on both sides of the aisle insist it does not go far enough. senator rand paul is one of those who insist the saudi crown prince should be among those sanctioned maintaining muhammad bin solomon at least knew of the murder and probably ordered it he said in a tweet the united

she represents not only her own city of paris but a coalition of 96 cities home to 700 million people and one fourth of the globalse welcome mayor and hidalgo -- anne hidalgo. ♪ mayor hidalgo: let me tell you a story. a story of european citizens, mother of three, and mayor of one of the biggest cities in the world. essentially brought before the european court to defend the citizens. 2015. starts in a case of fraud that led the european commission to review and give a sort of license to pollute. manipulation the by major carmaker to pass the test of compliance to pollution standards. europe only changed the rules. as mayor of paris, fighting to city raises that, i can't allow that. with the thousands of citizens and joined -- enjoyed by my colleague. i decided to challenge the commission decision. i was told that in order to do to be directly and personally affected. directly and personally affected. directly and personally affected by air pollution. because as mayor, it is my responsibility to protect the citizens. theways keep in mind mandate they gave me. region'sbehalf of the parisians, defending their inter

puts the brakes on the world's two biggest economies and it's pulling down the global economy with it. china's biggest city and financial nerve center shanghai and more than three and a half thousand companies from around the world are here at the china international import explode but is it just a stroke of luck that the i.m.f. and world bank delegations are in the country at the same time china the world's biggest exporter is trying a new tack they want to ramp up future imports the chinese government unveiled its strategy at the expo we ate that she will continue to implement a proactively school policy and push for cutting taxes and fees meanwhile we'll optimize the business environment in order to further mobilize market players. should. do that in the government has been dismantling trade barriers and since the beginning of november reducing tariffs on many products in the first three quarters of the year china's imports climbed twenty percent to one point six trillion dollars so in the first i.m.f. chief christine lagarde china's growth would slow through next year and into twenty twenty thanks to t

global targets. and the fight to save hong kong's new long line says the city's iconic signs are disappearing fast but campaigners say there are more for them should be preserved. hello i'm terry martin welcome to the program moscow has shrugged off suggestions by european officials that it could face fresh sanctions over the crimea crisis tensions have escalated between moscow and kiev after russia sees three ukrainian naval vessels in a skirmish on sunday at least a dozen sailors have been detained for trial ukraine's president has warned its neighbor is preparing for war and has turned to berlin for help. speaking on ukrainian state television president petro poroshenko said he turned to berlin after the kremlin failed to respond to his request for dialogue it wasn't. immediately that night i ordered a phone conversation with the president of russia vladimir putin. we did not receive any response and i had to turn to the german chancellor so that she could talk to put on the immediate release of ukrainian servicemen and ukrainian ships. poroshenko also said the authorities would take all necessary

global 3000." today, we're going to take a look at life in cities. urban centers are booming -- particularly those in asia and africa. half the world's population now lives in cities -- a f figure that's forecast to hit two-thirds by 2050. and already there's a serious lack of decent, affordable living space. one impressive example of affordable living is the fuggerei in augsburg -- the world's first social housing estate. it was built way back in 1521 by one of the city's wealthy citizens, to provide homes for those in need. since then, state-run organisations and charitable institutions worldwide have invested in countless affordable housing projects. increasingly, though, governments are distancing themselves from this social responsibility, and relying on private enterprise to meet the need. >> this is my flat. welcome to my heaven -- or should i say, to my hell? >> jailson rochas' ten square metres cost around 1000 euros per month. not much room in here. >> a small kitchen, with a sink. >> and what about washing your feet in the shower? it is pr

global fixed income. kathleen gaffney, james athey and gershon distenfeld. from new york city, that does it for us.will see you next friday at 1:00 p.m. new york time, 6:00 p.m. in london. this was "bloomberg real yield." ♪ i am a family man. i am a techie dad. i believe the best technology should feel effortless. like magic. at comcast, it's my job to develop, apps and tools that simplify your experience. my name is mike, i'm in product development at comcast. carol: welcome to "bloomberg businessweek." jason: we are in bloomberg's global headquarters. carol: we have a look at the topics facing the business leaders in the coming year. it's all leading up to our summit hosted in new york city. we will be there. jason: we are looking at big themes.

the yorkers are very receptive to al jazeera because it is such an international city they're very interested in that global perspective that al-jazeera provides. turkish sources say the search for. body has ended after traces of. gentles residence. and welcome to. headquarters. also ahead a film of a california killing twelve people including a policeman who tried to stop. the christian woman acquitted of. widespread protests and there are three groups and they've been returning to their homes no escape from violence we report from a refugee camp in the central african republic where thousands are trapped following sectarian unrest. turkish sources have told al jazeera that the search for the body of murdered salvi journalist. has ended traces of hydrofluoric acid have been found at the residence of the sol the consul general in istanbul investigators have suggested that body could have been destroyed using the chemicals he disappeared after entering the cell the consulate more than a month ago the turkish government is keeping the pressure on to reveal who was behind the murder. that we don't know who had

2018 meeting, the policy committee did a very deep dive on the commitments that the city signed onto during the global climate action summit with a focus on the zero waste and green bond commissions. robert haley came to our committee to talk about the department's part of those commitments, and we had a great presentation by mike brown, who manages the environmental finance programs at the p.u.c. about how he does his work in that program on green bonds. and then, we received a very full and fascinating presentation on all of the department's recent state and local legislative initiatives. we heard in particular from jenn jackson who talked about the toxic legislation that we have been involved in, including debbie mentioned the furniture one, right. and then, finally, charles sheehan, the chief policy and public affairs officer, discussed all the things that were before the board of supervisors this year that implicated the department's work including the plastic and litter reduction ordinance and a number of others. it was a very interesting meeting. and then, our most -- what would have been our m

global economy. ministries police forces and city administrations of many countries depend on one corporation that does what mike was hoping the board doesn't come from on the rise of god i'm just going to go through the. woods as the good you got on into this it's a. proprietary software you don't know the source code isn't that such a security risk when you have a black box operating who probably got to microsoft dependency puts governments under a cyber threat and not only that. the office of the assistant this is still me this is also the only one to move. into. the suv. with. these this is the. longest i've been done with the old vision starting there was some student loans in front is up in these cards on the front. headlines this hour america is heading to the polls in the face contest midterm elections that are being billed as a referendum on the trump administration. u.k. charity oxfam signs the alarm over the number of society led coalition strikes on aid facilities in yemen at us.

global conflict. coming up we'll take you to the national world war i museum and memorial in kansas city to show you how those who fought are being honored one century later. >>> plus, the president is in france at this hour, marking the end of that global conflict. he will have dinner with frenchment president macron later this hour. we're live in paris with that straight ahead, here on the fox news channel. smile dad. i take medication for high blood pressure and cholesterol. but they might not be enough to protect my heart. adding bayer aspirin can further reduce the risk of another heart attack. because my second chance matters. be sure to talk to your doctor before you begin an aspirin regimen. arthel: a fox news alert, president trump and french president emmanuel macron meeting for talks in paris. you see some pictures there of president macron and his wife arriving for the downtur dinner. the leaders are trying to lower tensions over european defense. their meeting coming during a weekend ceremony in france marking 100 years since the end of world war i. chief white house correspondent john robe

global income that 9 96%? what does that tell us. >> city world bond government index ranked poorly relative to international or global fixed income managers. you will see the negative return that was currency and other factors. >> i turn your attention in the interest of time to the actual plan allocations on page 11. i am doing the highlight vehicles. the planned assets 3.5 bud as of the end of september. you will see that was an increase over last quarter. assets increased $101 million over that period. you will see you can look at the leash you were how participant was allocated assets 20% in target date funds one of the key features we look at. growth within the u.s. equity large cap growth equity portfolio is one you have the largest stand alone funds up 16% and that as we talked about growth versus value participant had a nice run in a large way. the largest single fund is the stable value at 27%. returns can be found on page 12. these are starting with target dated funds managed by russell you will note it left to right shorter to longer periods of time. you will see each fund is relative to the custom

meanwhile, a fire in southern california has fronted an evacuation of the beach city of malibu. global news 24 hours a day, on-air, and @tictoc on twitter, powered by more than 2700 journalists and analysts more than 120 countries. i'm courtney donohoe. this is bloomberg. taylor: we are getting some breaking news. mitch mcconnell speaking right now in kentucky. he says there is no indication that president trump wants to dismiss mueller. senate majority leader mcconnell saying that mueller will be allowed to finish his work, no indication trump wants to dismiss mueller. we will have more next. this is bloomberg. ♪ taylor: from new york, i'm taylor riggs. guy: in london, i'm guy johnson. this is "bloomberg markets: european close." let's talk about brexit. in the last hour we have learned joe johnson, brother of for, has quit the government. it's been a busy day on the brexit front. also some mornings in northern ireland suggesting the dup would not back theresa may's current plan. the irish prime minister south of the border indicating a brexit deal is now close at hand. let's talk to

global fixed income. kathleen gaffney, james athey and gershon distenfeld. from new york city, that does it for us.will see you next friday at 1:00 p.m. new york time, 6:00 p.m. in london. this was "bloomberg real yield." ♪ >> the longest losing streak on record. one culprit appeared deteriorating margins. restoring soybeans rather than selling them after prices fall $.15 engine. pricing power. ceo jeff miller says it will return after producers can't live forever. >> i am alix steel. welcome to bloomberg commodities edge.

we've had a large group of global leaders the seventeen leaders here in this city at the same time actually some of the president have made that way but others are still in the city and benjamin met netanyahu who clearly has been briefed on what's been going on in gaza i'm sure was fully briefed on this and it's interesting to know whether he at any point when he spoke to president trump told him about any israeli plans this is something that the u.n. security council had been warned about fresh problems breaking out in gaza and clearly is one the members of the u.n. security council talking at the u.n. clearly the warnings about fresh conflict and company climb landing it was the u.n. special court based in jerusalem and he was holding the ground. the u.n. secretary general he is also overnighting in paris because he. has a meeting with president macro in the morning so i think i can also tell you that there's a palestinian representative here well not clear to me at this stage because obviously i've only had a chance to make some calls whether the palestinians also open. now more than a b

now city am, their headline apple at the core of the global tech rout.e been falling substantially over the last few days. wall street, as far as the gains made so far this year, they have all been wiped out. that happened yesterday. the dowjones lost 500 points overnight, 400 the day before. there are many causes of concern as far as investors are concerned. 0ne concern as far as investors are concerned. one is the technology rout. apple dropped 5% overnight and this stems from concerns over the number of iphone sales. the underlying problem here, which is actually what is affecting the entire market, is not specifically iphones but the concept that next year we are going to be seeing a tightening of belts, the amazing numbers we have been seeing over the last few years will not be seen as far as the economy or corporate growth is concerned. this is a reflection that we are seeing in the markets of that. is this fall cycli ca ls, markets of that. is this fall cyclicals, do you think? is it something that goes around comes around all is a wider deeper un

global. welcome back to the program paris paramedics abroad blocking the city's ring road and other key routes for a second day with so-called snail protests sirens blazing ambulances parked across road some reportedly causing hundreds of kilometers of traffic jams and demonstrations save the changes in conditions that paramedics say will put them out of way. to zero zero zero zero. the protests and just the latest hit france in recent weeks they come as rightwing party leader marine le pen overtakes the money for the first time in the polls ahead of the parliamentary elections next year on course takes a closer look. france has broken out into protest as of late on nov fifth five hundred paramedics as well as two thousand supporters took to the streets to protest a government reform that would end state funding towards medical transportation and on the same day macron found himself trying to diffuse growing up roar about the rising taxes on fuel prices in france already angry citizens are prepared to block roads on nov seventeenth in response to this with authorities preparing for the worst a

we've had a large group of global leaders the seventeen leaders here in this city at the same time actually some of the president have made that way but others are still in the city and benjamin met netanyahu who clearly has been briefed on what's been going on in gaza i'm sure was fully briefed on this and it's interesting to know whether he at any point when he spoke to president trump told about any israeli plans this is something that the u.n. security council had been warned about fresh breaking out in gaza and clearly is one the members of the u.n. security council talking at the u.n. clearly the warnings about fresh conflict and company climb who is the u.n. special court based in jerusalem and he was only ground. the u.n. secretary general he is also. in paris because he has a meeting with president macro in the morning so i think i can also tell you that there's a palestinian representative here in paris well not clear to me at this stage because obviously i've only had a chance to make some calls whether the palestinians will. open. maureen rabbani is a senior fellow at the instit

global fixed income. kathleen gaffney, james athey and gershon distenfeld. from new york city, that does it for us. see you next friday at 1:00 p.m. new york time, 6:00 p.m. in london. this was "bloomberg real yield." ♪ i am a family man. i am a techie dad. i believe the best technology should feel effortless. like magic. at comcast, it's my job to develop, apps and tools that simplify your experience. my name is mike, i'm in product development at comcast. we're working to make things simple, easy and awesome. >> oil in crisis. u.s. farmers are storing soybeans rather than selling them after prices fall in june. jeff miller is confident pricing power will return. ♪ alix: welcome to "bloomberg commodities edge." 30 minutes behidn the hottest commodities with the smartest voices in the business. let's kick it off with spot on, our take on the big