this is shanghai's international finance centre.nutes, 45 seconds. he had some company along the way. here he is crossing the finish line after running up nearly 1500 steps. the boston red sox are leading 5—4 at the top of the fifth inning in the second game of the american meat championships in america —— major—league ace paul. houston won the first game. hello there, good morning. the last 2a hours has seen the number of flood warnings reducing as the wettest of the weather moved its way a little bit further east. gradually, everything will come in from the atlantic over the next few days. this band of cloud working its way towards our shores by tuesday. that area of cloud contains a bit of ex—hurricane michael. that's going to slip its way into iberia. that's where we're feeding up all our cloud and outbreaks of rain at the moment, so more of that coming back into england and perhaps into wales as well, a cold start for scotland and northern ireland. cold skies developing here with a few showers in the north—west. this area of ra

improvement if you look at all governance even if you look at reports that are coming in from international finance issues like the old bank of the i.m.f. may do say you know things like ease of doing business in is improving some of these countries are climbing up in terms of core option rankings you aussie infrastructure projects some of them being funded by china coming up on the qantas so there is progress being made and i think that the message from the african leaders this to say look you've got to take a look at us a little bit more closely than you normally would asia comes to mind often and this is where the money goes and we had medical say that but give us a good look we are making progress and a platform like this really allows these leaders to showcase some of those programs and remember this money comes with with the reforms that are attached to it that you know they are in this serious forms before a country can qualify for such investment ok christine when with some one of our best reporters from africa thank you very much we still make here and get to be. more on the sidelines of t

and yeah, some of them are getting international finance and many of those international finance companies want 20% profit. how many businesses in san francisco can claim that they can get 20% profit? let's not coddle these folks. remember, that affordable housing is an inclusionary fact o it's only one piece of the puzzle. vote prop c this time. >> thank you, any other members of the public. public comment on item number 4 is closed. colleagues. questions, comments? suggestions on next steps? >> supervisor safai. >> sounds like they have good ideas. they've talked about those amendments. i think having an additional week should be enough time to have these conversations to draft the proposed amendments. i would be supportive of that. >> thank you. supervisor kim. >> yes, i was going to make a motion to continue for an additional week. although i'm looking at the city attorney as well. >> we need a finite deadline for the city attorney. >> i think it makes sense to continue it for a week. we will continue to work with your offices during that time. depending on the policy decisions you mak

transactions today that figure has dropped to roughly two thirds according to the director of international finance solution associates that's a huge drop so why is the dollar is ation accelerating undertone. because of the administration's actions. trump elise a trade war with china so now china has ramped up their efforts to increase their currency the yuan in the global marketplace as an alternative to the u.s. dollar i suppose it's not the best idea to alienate our biggest creditor whose money we desperately need to keep borrowing just to stay afloat yeah it would be like if i started a trade war with my mom i. i could theoretically put a time tariff on our weekly phone calls when she starts rambling on about new developments in the world of scrabble all. right she would retaliate by no longer bang my cellphone bag. the worst thing that's. what other developments are happening ok all right this one is a really big deal as we all know trump recklessly withdrew from the iran nuclear deal and is in the process of re imposing sanctions on them in response the european union is planning to set up a

any way and the area where it needs to be if you look at global financing when it comes to international finance employees of a that's less than one percent of health budgets where the burden is much much higher it's literally flat lining across the bottom of the graph funders really need to step in we need civil society organizations around the world to use their voices to to colon funders and cheri this is something that's really needed this is something that we we really saw or. if you decades ago on the hiv movement that there wasn't traction and till that kind of movement came about and that's what we really need that kind of movement in this time for this this issue alicia london great to talk to you on a very important topic as well thank you for your time. now bangladesh's main opposition party leader has been sentenced to life in prison for his role in a two thousand and four grenade attack against the current prime minister today for whom was tried in absentia here after he went into self-imposed exile back in two thousand and eight he is the son of the former opposition leader hamid i

if you look at our governance, even reports coming in from international finance issues like the i.m.f., they say ease of doing business is improving. some of these countries are climbing up in terms of corruption rankings. you are seeing infrastructure projects, some funded by china, coming up on the continent so there is progress being made and i think the message from african leaders is to say you have to look at us more closely than you normally would. asia comes to mind and this is where the money goes but we are making progress and give us a look and a platform like this allows the leaders to showcase that progress and this comes with reforms attached to the money, necessary reforms before a country can qualify for such investment. brent: christine mhundwa, one of our best reporters from africa, thank you very much. on the sidelines of that summit, chancellor merkel told the press that her phased withdrawal from politics will not affect german foreign policy. >> i think the negotiating position in international negotiations will not be changed or affected in any way. you can only

morgan chase bank top international finance figure jamie dimon and the chairman of the ford motor company bill ford say they won't be growing. u.s. secretary of state might promptly who is known as we to saudi arabia what he asks and what he's told me will dictate what america does next alan fischer al-jazeera washington well john hendren joins us live now from washington d.c. so a lot of developments in the past half hour john what's the latest you're hearing there . we're just starting to see as the media reports that suggest this saudi arabian embassy is about to release information ignore it the kingdom was responsible for the death of his show but under this telling of the story it was an accident it was an investigation or interrogation gone wrong we are also told that the prime prince mohammed bin solomon was not aware of that happening that is according to these latest media reports that are just coming out if they are correct we should be hearing from the kingdom sometime soon this does perhaps jive with what president trump was saying earlier today that there there might be rogu

morgan chase bank top international finance figure jamie dimon and the chairman of the ford motor company bill ford say they won't be going u.s. secretary of state might prompt who is known as way to saudi arabia what he asks and what he's taught me will dictate what america does next alan fischer al-jazeera washington. well it's more about this without serious senior political analyst marwan bashar so i mean the i'll ask you also what you think is actually going to achieve in saudi let's start with this so-called davos and that there's a how damaging is it to mohamed bin salons of the saudis in general that the whole thing is looking like a bit of a disaster right. this is this is not just a normal conference this is the second in a series that's meant to cement the so-called vision two thousand and thirty whereby the future of the saudi economy dependent on diversification beyond oriel and having international investment international interest in the restructuring of the saudi economy investing in the so with the economy for the next thirteen years so i think it's very very important no

morgan chase bank top international finance figure jamie dimon and the chairman of the ford motor company bill ford say they won't be going. u.s. secretary of state might prompt who is known as we to saudi arabia what he asks and what he's told we will dictate what america does next alan fischer al-jazeera washington let's go live to john hendren in washington now john for a president who isn't shy about making his views known on social media for example trump has been quite quiet on the latest there revelations whereas before he always kept on saying no one knows if it's real. that's true he was just asked in the past couple of hours about startling reports that the saudi government is prepared to release a statement acknowledging that was murdered in that consulate but that it happened during an interrogation gone wrong by rogue elements who were not authorized by the crown prince mohammed bin some on that is a shocking report if true we will know eventually if the saudis actually release that the president was asked about that and he said nobody knows if that's true and he hasn't expre

morgan chase bank top international finance figure jamie dimon and the chairman of the ford motor company bill ford say they won't be growing. u.s. secretary of state might prompt you is known as way to saudi arabia what he asks and what he's told me will dictate what america does next alan fischer al-jazeera washington well later the u.s. president commented on media reports that saudi officials might say could shoji was killed during an authorized interrogation and we were very very close with the riviera with your team and they are working together to figure out what happened and they want to know what happened also so a lot of people are working on it. and will be bound very much i will say i read everything but nobody knows it's an official report so far just the rulebook the rumor reportedly you know. so many moving parts really to this story that just aren't fitting together for many people watching what's unfolding out in turkey and that includes really politicians in the u.s. as well who are voicing real concern. that's right so that story has been met with varying degrees of inc

(justine) another important factor in this ongoing investigation -- more major players in international financend industry are pulling out of a high-profile business conference in saudi arabia. jamie dimon -- the chief executive of j-p morgan chase -- had been a featured speaker at the conference. the wall street journal reports that dimon has backed out. ford motor company confirms that executive chairman bill ford will not attend. he too had been scheduled to speak. (justine) coming up -- neighbors freaking out over a halloween yard decoration. frankinstein seen hanging from a noose... why they say it's insenstive. <"i was just sexually assaulted by a child!"> (jrstone) caught on tape. a woman calling 9-1-1 on a boy... accusing him of sexual assault... the video... when we come back. this is a fight. not to the finish. but to the beginning. a fight that can only be won, if we stand together for one cause. him. expert care for every new beginning. california's public schools rank 44th in the nation. 44th. i'm marshall tuck, i'm a public-school parent, and i know we can do better. in the public

important parallel side events to the imf world bank meetings, and that is the institute for international financewhere luminaries from the policy world are gathered, including my next guest, martin gilbert. he is the co-ceo of standard life aberdeen. thank you for joining me. i am going to start with the markets. you said on the stage this is a market correction long overdue. do you and the steven mnuchin talk on the sidelines? more of thebut i am value type investor than the gap -- the value investor -- then the growth investor. it is great to see the correction. it is bringing reality back to prices. as i said, it was long overdue in my opinion. kathleen: a good time to buy, you set. buy what? martin: good quality stocks. i suppose if you want to buy tencent, it is a good time to buy tencent. it has fallen quite a bit. it gives you the opportunity to ed tohe stocks you want own, but felt you could because the prices were too high. kathleen: you said asset management was the highest it had been in 10 years. that includes the greek financial crisis. asset managers do not suffer in the financial c

paul ryan, director of international finance divisions with ireland's ministry for finance.d: coming up, betting on bitcoin. by galaxy investors and nova grad say the cryptocurrency's set to rally next year. rishaad: we're back and one of the most prominent investors in the crypto world sees a rally for bitcoin next year. yvonne: we are talking about michael nova grad. early inal currency the next -- first quarter of 2019 as institutional investors jump in. he gave us his outlook in an exclusive interview from new york. >> everything takes longer than you hope it does. the whole crypto ecosystem is still like a fourth grader and we all want it to be a high school graduate tomorrow and a phd the next day. this stuff takes longer going through internal committees, takes longer testing. it is a bear instrument has to resonate. if you lose it, you are screwed. >> some people have been. to put: if you are going your reputation of 70 years of fidelity on the line, you'd better be sure your process work so they have an working on this for fujian years and it is exciting we will be

we had this big international future finance initiative took place, a few high profile people didn't ot of international politicians, plenty of people did and were quite happy to be seen with the prince. there were precious few consequences for saudi arabia's future. that's the long and short of it. interestingly, khashoggi's fiancee has refused an invitation from trump to the white house because she doesn't feel that the usa is taking any serious action against saudi arabia. and with respect, i didn't find the facial expression of his son difficult to interpret at all. he looked absolutely terrified and appalled. the interesting question is why was this so crassly, amateurishly done? and why did they perpetrate this ridiculous story? it reminds me of the salisbury russia incident. maybe these people are not incompetent thugs and fools, maybe they are defiant, arrogant bustards, if you will forgive the language, who really feel they can get away with anything and know they can get away with anything. it doesn't matter if they tell absurd lies about what they have just done. they are n

morgan chase bank top international finance figure jamie dimon and the chairman of the ford motor company bill ford say they won't be growing. u.s. secretary of state mike promptly who is known as we to saudi arabia what he asks and what he's told we will dictate what america does next al-jazeera washington. let's bring in our white house correspondent kelly hellcat now she is joining us live from d.c. and i want to ask you can really why is the u.s. secretary of state mike pompei o traveling to saudi arabia over the disappearance of a journalist when president travels says that he believes the king's denial of knowledge or involvement. well presumably it is to get the whole story and so that is something that the president has made him for a few days now that he's interested in doing that he wanted to get information he wanted to get the facts i think it's notable though that what we're hearing from the president is that he has had a conversation with king solomon but not the crown prince who we know has been calling all of the shots now the question will be whether or not pay zero also

morgan chase bank top international finance figure jamie dimon and the chairman of the ford motor company bill ford see they won't be growing. u.s. secretary of state might bump u. is known as way to saudi arabia what he asks and what he's told me will dictate what america does next alan fischer al-jazeera washington well later the u.s. president commented on media reports that saudi officials might say that she was killed during an authorized interrogation and we're working very well so you really are with your team and they're all working together to figure out what happened and they want to know what happened also so a lot of people are working on it. and will be bound very much i will say i read everything i could but nobody knows it's an official report so far just the rule of the rule reporting from you know our correspondent john hendren joins me now live from washington d.c. and for several hours now we've potentially been hearing about a significant statement that may come from the saudi kingdom and that's being reported specifically by the u.s. media was a lot about. that's righ

morgan chase bank top international finance figure jamie dimon and the chairman of the ford motor company bill ford say they won't be growing. u.s. secretary of state might bump you is known as way to saudi arabia what he asks and what he's told me will dictate what america does next. washington. well meanwhile a planned celebration of saudi national day in washington d.c. on thursday has been canceled after the latest developments over shuggie let's get more now from john hendren who joins us live now john the saudis for years have been a real p.r. exercise in the west especially in the united states so what a big deal for them really to cancel the saudi national day celebrations but i suppose considering the atmosphere now in washington it just wouldn't have been that the thing it just would have looked so bad for them to have a major celebration this upcoming thursday that was the day they were planning on doing this at a time when everybody is talking about the disappearance of this u.s. resident journalist in istanbul at the saudi consulate and of course these stories that he was mur

morgan chase bank top international finance figure jamie dimon and the chairman of the ford motor company bill ford say they won't be going u.s. secretary of state might promptly who is known as way to saudi arabia what he asks and what he's told me will dictate what america does next alan fischer al-jazeera washington. well john hendren has us live now from washington d.c. so a lot of varying breaking news coming out on this john one the one from istanbul of course the attorney general's office confirming they have found evidence linking basically supporting the suspicion that she had been killed in the consulate also american some american news networks reporting that the saudi embassy is getting ready to say that actually it was an interrogation gone wrong so what kind of reaction are we getting from the united states to all of this. well this is really just unfolding as we talk barbara so the first reports in the wall street journal is the latest media company here in the united states to put this out is that the saudi arabian government is considering acknowledging that because soji

britain clip plays a very peculiar role in the international system of finance because of its crown dependencies goings ages of the isle of man and all this is territories cayman islands bermuda you have a lot of tax savings and a lot of the funds in these tax havens are channeled via the city of london and then shall go further into the use of britain is already very active in this business i don't think that the threats of the reason may about lowering the corporate income tax have a lot to do with tax evasion i think that's more a bluff so i think they're threatening with that but in general i would say britain doesn't understand its own role in the offshore industry if they think that by lowering the corporate income tax they become more of a tax. meter thank you very much thank you. the financial system is becoming increasingly unstable that's the conclusion of a report presented at a meeting of the international monetary fund and the world bank taking place in indonesia trade tensions especially between the united states and china one of the greatest threats to stability bathrooms also war

here to help us understand more about the circumstances and what it may mean for international relations business and finance our conservative t.v. and radio commentator steve malzberg and ali all of the men who are pleased to. obviously director of the gulf institute thank you both for being here steve let's start with you give us a brief summary we spoke a little bit about this last week when we were talking about saudi arabia but where are we with mr kushner disappearance well of course. it was a saudi journalist who was very supportive of the monarchy and then when the prince started rounding people up and putting them under house arrest without due process about a year ago including his cousins and businessmen and intellectuals you name it he started writing negative things about the kingdom he left the country on self-imposed exile and about a couple of weeks ago end of september he went to the saudi embassy in istanbul turkey because he wanted to marry a turkish girl so he wanted to get the proper papers they told him reportedly come back next week and that gave him the day which was last tuesday so h

[applause] >> i am also pleased to report that we are streamlining international development and financerograms. we will be giving foreign nations a just and transparent alternative to china's deathtrap diplomacy. in fact, this week president trump will sign the build act into law. next month it will be my privilege to represent the united states in singapore and papua new guinea. there, we will unveil new measures and programs to support a free and open indo pacific. i will deliver the message that america's commitment to the indo pacific has never been stronger. [applause] closer to home to protect our interests, we recently strengthened a committee on foreign investment, tightening our scrutiny of chinese investment in america. to protect our national security from predatory actions. when it comes to beijing's malign influence and interference in american we will and policy, continue to expose it. no matter the form it takes. we will work with leaders at every level of society to defend our national interest and our most cherished ideals. the american people will play the decisive rol

viewed long, china was as the wild west of international finance.were all concerned about the shadow banking system. how strong was the sector? quite encouraging that the pboc has started to look at this with more detail. they are concerned about the debts. if they can identify the problem , that is a good start. what we need is a safety net in place to back that up. around,s start to turn then the bank has a plan. but i am encouraged. francine: thank you both. us.line and peter stay with donald trump still does not like the price of oil, even after wti falls. in an attempt to side with american farmers, the president is starting to list -- lift restrictions on gasoline containing up to 15% ethanol. i want more. i don't like $74. more, i have to do whether it is through ethanol or other means, that's what i want. i want low prices. i am ok with it. francine: crude prices shot up over the past few days, hurricane michael holding a fit of daily production the gulf of mexico. joining us now is our leader of european oil coverage. welcome to the program

agreement with japan. [ applause ] i'm also pleased to report we are streamlining international development and finance programs. we'll be giving foreign nations a just and transparent alternative to china's debt trap diplomacy. in fact, this week president trump will sign the build act into law. next month, it will be my privilege to represent the united states in singapore and pap there we will support programs. on behalf of the president i'll deliver the message that america's commitment to indo-pacific has never been stronger. [ applause ] closer to home, to protect our interests, we recently strengthened the committee on foreign investment. heightening scrutiny in america to protect our national security from beijing actions. whether it comes to beijing in american politics and policy, we will continue to expose it. no matter the form it takes, we will work with leaders at every level of society to defend our national interests and our most cherished ideals. the american people will play the decisive role. in fact, they already are. as we gather here, a new consensus on china is rising across amer

has to be an independent investigation, international under the auspices of u.n., because this is a regime which is very oppressive towards its critics, finances international terrorism. what we have to do is stop selling them arms. thank you. [applause] [speaking in native tongue] >> translator: yes, thank you very much. mr.-- [inaudible] for two minutes. >> translator: thank you, president, madam representative. the khashoggi story could be the drama of a spy story set in a consulate where the protagonist is cut to pieces. secret services and shadowy figures and forensic specialists and a bone saw. unfortunately, this is not a story, but reality. in this reality the victim and the family's pain are real. we send the family our condolences. the embarrassing version of the facts supplied by the saudis is a fiction, however. he allegedly died in a fight. but almost 20 people were brought deliberately from riyadh , which is a very probable thesis. and we cannot deny saudi responsibility. probably will need extra time, however, to conduct the investigations. there are two possible scenarios. either prince has lost control of his own kingdom, or m

professor of economics at stanford university joining us here at the international institute of financent. a lot of interesting discussions. i'm going to send it back to you. anna: great to hear from john taylor. joining us from the imf meetings in bali. tayl is the function on the bloomberg that brings up the taylor rule. 2.99 percentage points, this is relative to our next conversation. we are going to talk about the banking sector. over the next week, some of the world's biggest banks will report results. earnings from j.p. morgan and wells fargo on friday. today by european standards. morgan stanley and goldman sachs report next week. the banks fixed income revenue has likely slowed in the last three months. global trade concerns and the effects on economic growth are seen as the biggest risks of global investment banks moving forward. let's bring into the conversation keith campbell. very good to have you with us. part of the conversation with banks is always around the interest rate and how deeply we are going to be able to see interest rates go. tell us your big picture stor

restore your public finance management, you're going to have to improve your situation, you're going to have to do reforms in order to regain your sovereignty and not need the international monetary fund anymore. and the third line of business is technical assistance, and we help with anti-money-laundering, with combating the financing of terrorism, with helping countries run their debt management, designing their tax system, and so on and so forth. >> the international monetary fund played a critical role in the time after the 2008 financial crisis. >> yeah. >> but you did have this wonderful quote about the financial crisis, and if lehman brothers had been lehman sisters, the history would have been a bit different. can you tell us what you meant by that? >> you know, it may have been influenced by the fact that i was the only female finance minister in the world. and seeing those rooms full of men trying very hard to solve issues made me think that, if it was a little bit more diverse, if it was a little bit more mixed composition, maybe we would reach different conclusions. and i think this is very true in the financial world. when you looked, in those days, at the b

international community the u.a.e. is yet to reply to the allegations its u.n. ambassador says they cannot comment because the report is unpublished iran can't. some barbarous finance ministers meeting officials from the international monetary fund and the world bank to seek help to ease the country's cash crisis a new two percent tax on banks transactions is driving up prices and causing shortages. reports from harare. some zimbabweans are calling it the worst economic crisis in a decade businesses and shoppers aren't happy with the recently introduced two percent tax on bad transactions products now cost more and supplies it's later shortages and excessive price hikes it is very frustrating actually i'm coming from a farmer. drugs which i used to spend ten bucks a week. it's forty five forty four dollars another pharmacy it was fifty five and this is ridiculous i don't know where we're going is the people the bobbies health sector has been in a crisis for more than a decade public hospitals sometimes run out of essential drugs the pharmaceutical industry says it needs about four million dollars a week to import enough drugs for the country it's. out of some medic

a fifty seven billion dollar bailout package with the international monetary fund analysts say the loan will help cover the government's financing needs through next year but activists disagree. that it's the budget for the i am if not for the people everyone suffering because there are layoffs companies are closing down and the government is destroying our entire research infrastructure they're just trying everything we will be left with a country with a monumental debt and no way out. we've taken to the streets so this budget is not approved this is the beginning of a popular movement to stop the agreement with the i.m.f. . me south america's second largest economy is expected to contract part two point seven percent this year and another half percent next year mockery needs the budget to pass to maintain his economic adjustment plan and turn the economy around. for six months the philippines most famous trues destination was shut down to ability to the island years and years of mass tourism damaged the once pristine beaches nearly beyond repair so the national government put on the emergency brakes to the detriment of local b

finance. he knew it was going to be a hot potato anyone at somebody who -- hot potato. he wanted somebody who was internationaldavid: they said give her another job. were you the first woman to be the finance minister of a major company in western europe? christine: i was the first in a g7 country, of many countries actually. david: you were a lawyer by training and all of a sudden you are in charge of finances for france. did you have any background? were you worried about not having background or did your job as a minister of trade help you? christine: my whole background helped me. i recognized i was going to have to learn from the treasury department. i had to work hard. david: you did a good job by all accounts and the imf managing director position opens up. did you want the job or did you have to be persuaded? christine: so many things in life happened out of the right timing, the right people, and my sense of, all right let us try it. when i returned back to france as a minister, i had not thought about my pension, the reporting line, how it would work out. i wanted to do it. i wanted to help the count

international investors but a growing list of withdrawals is raising questions about those who are still planning to attend among the people who have already pulled out the british trade secretary the french and dutch finance ministers and the u.s. treasury secretary the international monetary fund's christine lagarde is also out of the c.e.o.'s of j.p. morgan chase the blackstone group the u.s. based private equity group that's been a big beneficiary of saudi funding and media partners have stepped back to among them c n n c n b c the financial times the new york times and the los angeles times or other e.u. leaders of voiced their concerns as a whole reports from brussels. if there's been concern about a slow response by european nations at a political level to the alleged murder of jamal khashoggi well that may be changing britain france and the netherlands have all announced that they're withdrawing their ministerial level delegations to the financial investment summit of davos in the desert as it's been dubbed citing that now is simply not the time for that level of engagement this was what french president emmanuel macron had to say. leafy. the facts we know today are mr g. extremely serious and worr