it inare thinking about the u.s., which is stabilizing.f you look at europe, and a lot is weighing on growth is the external sector. with china being such of a trading partner, we are really focusing on china and what policymakers are doing and i think that the question of 2019, whether or not the policy is going to be effective enough to turn growth around and really bailout global growth altogether and we think it will. me through this, we just heard we might get some slowing growth in china but in the middle of earnings season in the u.s., everyone is pricing but people are ignoring some of the slowing growth warnings that we've heard over europe, even with mario coming up pretty dovish. are you preparing in your portfolio for a weaker than expected growth in europe? are ready most people for slowing growth in europe because when you look at where we've come since the later stage of 2017 when we were in this environment when europe was growing faster than the u.s., with come off track pretty quickly. a lot of it has been down for what h

inar "abc7 news." >>> police are going green with a tesla patrol car.he department purchased this 2014 model-s and having it customized. the city will monitor performance, durability, range, and costs. they say the average life cycle of a police vehicle is about five years. they're pretty hard on them. electric vehicles may be operational for cerlotanginerl. >>> our recent series of storms brought a big boost to the state's reservoir. >> january's rains added 580 billion gallons of watt tore key reservoirs, as much water as a million people use in a year. >> nearly all of the reservoiajrs across california e at or above their historical averages. >> and look at the moon here, and you'll see a tiny speck of light here. that's where astronomers say a rock from a comet slammed into the moon during sunday's eclipse. this is video from griffith observatory in southern california. spanish astronomers says it's the first impact flash ever seen during a lunar eclipse. >> you sure that's what that is? >> it's so dramatic the way the moon was in the air. >> very

inare seeing those suppliers asia and america falling as well. guy: why is this a surprise? been hinting, there's been rumors about weak demand? emma: that is a really good question. people shouldn't be surprised, especially given the fourth quarter update we got from apple back in november when it said iphone unit sales had barely increased from a year earlier. we heard from apple suppliers across the coming weeks saying they were starting to see lower orders. 15%.id that by some investors have responded. it is the scale and scope today, guys. guy: emma chandra on ams and the apple supply chain. the trade seems to be fairly straightforward today. uy bonds.ks, b this is bloomberg. ♪ comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your c

inare seeing growing risks nonfinancial corporate lending over the last several years.lace supervisory standards about that lending, but i think the authority really only pertains to what i call micro-prudential risks. by and large, banks did originate this debt and we seem deteriorating underwriting standards on that as well as weakening confidence. unless it is a threat to the bank itself to its own safety and soundness, the authority of banking regulators in the united debt iso regulate this very limited. and to the extent that it migrates as it is outside the thatng system to nonbanks , it isginating this debt the financial stability oversight council arguably has some authority, but really very limited authority, so i don't think we have all the tools, even in the united states, to deal with the emergence of risks. rollbackyou mentioned of financial regulations, and i i see majory that rollbacks at this point as occurring in the united states, and i suppose having participated myself in seven years or eight years of writing thousands of pages of regulations, i am s

. >>> right now one persons in critical condition after this bad crash on the inare loner lo the belt way. can you see a tractor trailer laying on its side. this was near annapolis road in prince george's count s county the height of rush hour. they are still working on cleaning up the crash. we go to the weather now. an important question for lauryn, does it rain every friday around here? i thought that was just a 2018t g. >> we just brought it right into 2019, girl friend. we're going to continue to have thowers tonight, tomorrow morning and rains almost every saturday it seems like. heading into 2019, no exception. we've got the cloud cover, hasn't gone anywhere, rain to the south is getting pretty tarn clos us right now. we're going to continue to see this rain push io the area and a lot of moisture to get through, this strches all the way back down to florida, it will head into our region rough the overnight and tomorrow morning. it's 43 hereth idetective, 37in inester andn 39 frederick. the good news is sunday and monday are dry. a we'll talut the weekend in detail. i'm time out

inare confident the growth asia and the prospects there.e just support them with different products. more downside protection. fx is doing really well right now for instant. investors do different things. do you worry about your because of brexit? brexit is fine. it is the only sensible thing to do. we are not worried in that respect. spreadingen activities, but we have played a big role in that. that is the only sensible thing to do. much more to come as we revisit the top interviews of 2018. later on, a conversation with turkey's president that foreshadows one of the world's crises.matic economic >> they will hold the president accountable. >> jamie dimon on his thoughts. >> deutsche bank is a tough competitor in germany. ♪ >> you are watching a special edition of bloomberg best, highlighting conversations from 2018 on european business, finance, and politics. we just heard from a who's who of european bank ceos discussing their ambitions and challenges in 2018 and the year ahead. let's get a view of european banks from a u.s. rival. jami

it's inare unclear whether they'll bear fruit. i would guess not. house is not scheduled to come back into session under wednesday, and as you report. 38 million penal could face reductions in their food stamps, 140 billion in tax refunds from the i.r.s., which is out of funding in and out affected by this parch government shutdown. in a story that i thought was well reported by nbc news online, immigration courts are now closed around the country, those immigration deportations continue. so try to wrap your minds around this. immigration courts are shut down over the shutdown on immigration. >> that was an excellent story. good call there, mike. thank you. >>> and joa big welcome to you three ladies. what do you make of this jared kushner being involved in this? what is hi role in this? >> i think it's interesting, given the fact that trump himself has had several meetings with congress leaders and has made little progress. i think one trent we tending to is we see other people speak for the president and the president changing the language around

. >>> here's a live look at the roads inar the college area.ette green is checking out conditions in prince george's county. we'll check in with her i a few minutes as our team coverage continues. >> as you head out the door, have the nbc washington app ed downlo that's where you can find ec chuck's fort and the warnings on the road. and watch us live for the latest. >>> here are the rest of your morning's top stories. day 25 of the government shutdown. democrats voted on two bills to reopen the government. yesterday, president trump rejected a short-term fix proposed by lindsey graham that would temporarily open the government while negotiations continue on the border wall. susan mcginnis will have the latest on this in a few minutes. >>> president trump's nominee for attorney general will face the confirmation hearing. according to prepared remarks,w iam barr will tell the judiciary committee that robert mueller should be allowed to complete his russia investigation. and barr also says that the public should be informed of the results ofhe in

and we are working very closely with your staff and there will be further news on this, but we web inars to arrange that it be available. and we will find convenient dates for that. what i wanted to speak about this morning is the report we did about two years ago called deadline 2020 that looked at the 1.5 ce from the basis of a degree world and this report was a little bit of its time because we have learned from the two reports that were spoken about earlier how essential it will be to hold average temperature increases to 1.5 degrees. and said what will cities need to do if the world is going to be able to achieve this goal, the higher ambition of paris. and what it showed was that major cities in the developed world like the united states need to peak commissions by 2020 and many cities already have, to accelerate their climate actions by 2030 with a target of becoming carbon neutral 2050. that's what the science says we need to do if the world is going to avoid dangerous climate change. we developed a program called deadline 2020 that starts with that commitment and help cities imp

inare looking at 3% growth real terms moving forward. the unemployment rate has come down.ages growth is starting to pick up. our outlook is broadly optimistic. >> broadly optimistic, but there are risks. take a look at consumption. that is slowing. surely you are concerned. >> there are always downside risks. people are very mindful of the geopolitical events. brexit, the u.s.-china trade tensions, which we would like to see resolved in an orderly fashion as soon as possible. there are always downside risks. , weou look at fundamentals have one of the fastest growing economies. >> what will you do to boost consumption? will that involve a cut in income tax? inwe have passed legislation the last quarter to reduce income taxes. >> more than that? >> we have a budget coming up. people in australia will be very surprised. budget withg the you in davos. >> is it something you would consider to boost consumption? toour instinct always is keep taxes as low as possible. mindful that we have a responsibility to sustainably fund the central services. our national security and so on.

inare losing a little steam china today. here's what we are seeing for the rest of the broad market. it is a sea of green. japan coming back with the pretty bad losses we saw on friday, they were up 3% in tokyo today. taiwan with a tech heavy bunch as well recovering after the news of the rate cuts beginning. we also have the rrr cuts. the one percentage moves with the ratio requirements will help to bring some are confidence into the chinese economy. it is really that dollar weakness story that is filtering through asia-pacific are the asia-pacific are the dovish comments from jay powell enough to be a game changer when it comes not just to asia fx but also asian assets overall. the appetite really coming back here. we are seeing the christmas rally that is long overdue. some of the em currencies really catching a bid. we see the biggest moves in a month when it comes to the onshore mmb. the aussie dollar on the news of trade discussions going through also what it comes to the rrr cut. we are catching a bid for the rmb here

when we are talking about the movement a story about when she working inar-old they wered how martin -- they were being chased by dogs and chapa police. -- we are not going to clap or shout, but guess what? dr. king preached his but off when all the resistors cheered him on anyway. says we do not believe the same things of god and some of us don't believe in god at all we don't have the same strategies. our common enemy is --. our economy -- our common enemy is sexy's -- sexism. one patients, to forgiveness humilityilient, for and five, look at our neighbor areto understand that those bad assets. to see them as an extension of ourselves. lucky to stand here together. [cheers] my name is abby fine, i am a jewish rabbi, i am here today with my jewish family with my transgender family. here because we are proud of who we are. i want to share with you all -- which we are teaching in our synagogues this week. in our tradition leaving egypt was a generational event. every generation, every individual keeps themselves at -- as they go out to -- of egypt. when we let gon -- it unifies[applau

inare participating conformity with will 37 of this motivated by our legitimate interest in the situationin venezuela as a brother nation. mexico will reiterate our concern about the situation in venezuela and we would like to express our regret for the loss of life caused by the most recent events. we support the declarations and the efforts of the ensure alleneral to the actors involved reduce tensions and make every possible effort to avoid an escalation of the conflict and reject any kind of violence. mr. president, there are avenues for dialogue. and reconciliation that place up there center respect for human rights. these avenues should be exhausted. we would like to take this demand a search for a peaceful and democratic solution in the complex situation that venezuela finds itself in. the venezuelan people should be able to choose for themselves their future direction without any interference. in line with a long-standing diplomatic tradition, mexico trusts that there is a negotiated solution possible based on dialogue of all of those involved, including options that envisioned in