jeremy cooke, bbc news.has again ramped up his warnings to north korea — saying his threat to unleash "fire and fury" if pyongyang threatened the us may not have been tough enough. he said north korea should "very very nervous" if it made plans to attack the us or any of its allies. his latest warning came after north korea said it was working on plans to fire four missiles overjapan which would land off the coast of the american territory of guam. nick bryant reports. it's from his golf club in newjersey during his working vacation that donald trump is managing this stand—off. and this afternoon he was back in his trademark suit and tie, and using his trademark tough talk, his response to the latest threats from pyongyang. i will tell you this, if north korea does anything in terms of even thinking about attack, of anybody that we love or we represent or our allies or us, they can be very, very nervous. i'll tell you why. and they should be very nervous, because things will happen to them like they never th

jeremy cooke, bbc news. the modern slavery helpline, the number is at the bottom of the screen now. president trump has again ramped up his warnings to north korea tonight, saying his threat to unleash "fire and fury" if pyongyang threatened the united states may not have been tough enough. he said north korea should "very, very nervous" if it attacked the united states, or any of its allies. his latest warning came after north korea said it was working on plans to fire four missiles overjapan which would land off the coast of the us territory of guam. from washington, our north america correspondent nick bryant reports. it's from his golf club in newjersey during his working vacation that donald trump is managing this stand—off. and this afternoon he was back in his trademark suit and tie, and using his trademark tough talk, his response to the latest threats from pyongyang. i will tell you this, if north korea does anything in terms of even thinking about attack, of anybody that we love or we represent or

jeremy cooke is with us. let's find out what is happening on wall street. will end with investors hoping that the annualjacksonville gathering sheds some light on monetary policy. central bankers from around the globe, including janet yellen, and mario draghi, will meet in wyoming beginning on thursday. the fed is expected to reduce its balance sheet this year, selling off assets it required after the financial crash. it hasn't set a specific schedule yet, which is why wall street will be looking for any clues. closer to home, this monday, the chicago federal reserve will release its activity index, a barometer of economic activity. in corporate news, bhp billiton is expected to report earnings. wall street is looking for the minor to show improvement and that commodity prices are picking up. more from michelle later. and we'll be hearing more from michelle later in the show, when she will be explaining how companies plan to make big bucks out of today's solar eclipse in the us. joining us isjeremy cook, chief economist at world first. let's touch first on

jeremy cook is chief economist at world first.think? not too much of a significant drop, a nine—month low ina significant drop, a nine—month low in a currency is not something we would want to see obviously, but two hours before the press conference sterling hit an 11 month high against the us dollar, and as you said it has been fairly stable. it has been weak against the euro, strong against us dollar. how low can it go is obviously the key question now, and if we break below the 110 level in sterling euro, which is about 91p in euro sterling, then people are starting to talk about calls of it moving maybe three or 4% lower than that. the decision or 496 lower than that. the decision by the bank to downgrade growth, both this year and the next, what did you make of governor mark carney‘s comments in the press conference after the announcement, when he talked about brexit uncertainty weighing on the economy? certainly he stuck his or in mortar brexit than we have seen in the past couple of speeches. he seems fairly wedded to the i

cooking up in the kitchen. these are disevment not frozen egg ohs. >> wait until you see what jeremy from wicked waffles is cooking up. he's going to help us celebrate national waffle day . you've worked hard. busted tail. and impressed the boss. maybe, it's time to be your own. transform your career with strayer university's mba program today. let's get it, america. oh boy. looking for adventure this summer? holy smokes. oh man, that's pretty intense. look no further than chevrolet. this is a fast car. i feel like i left my soul back there. wow. this has power! what a nice car. go for thrilling drives and deals today at the chevy summer drive. now through august 14th, get 20% below msrp on all chevy malibu lt models. that's over fifty-three hundred dollars on this chevy malibu. find new roads at your local chevy dealer. welcome back, everybody it is national waffle day and waffles aren't just for breakfast. jeremy black with wicked waffle is here from bethesda to help us celebrate and thanks for coming

let's talk to jeremy cook, who's chief economist at currency experts world first. morning. morning.french and german elections which ta ke french and german elections which take place next month have dissipated a little bit and also the economic data coming out of europe has been particularly strong, stronger than it has been, growing at twice the rate we are in the uk. investors look at the euro and say it isa investors look at the euro and say it is a better bet than the pound. they look at it that way — what are the consequences for the uk it investors look at europe that way so --? if the pound continues to fall, we have heard about inflation this year, rising at 3%, above the bank of england target, people talking about interest—rate rises, and it means that can't ignore pocket is worth less, it is buying less imports coming from abroad, so how can businesses fund themselves? can they protect themselves against the rises and make sure they can sell their products at a margin, which keeps them viable? as an exporter you would be looking and thinking, great, my products look more

now, the husband and wife, jeremy and michelle, they met actually 19 years ago, and, when they work together at a restaurant. nineteen years, the love affair and the cooking came together. michelle, thanks for inviting us down. >> we're so excited to have you here thanks so much. >> what is it like working together as husband and wife. >> bet thing ever. >> how much does she pay you for that. >> a lot. >> tell you what, turnaround take a look at the crowd here we have everybody lined up. look who is here, chris o'connell in the house. hi. >> chris's kid are here. he finally treated them to breakfast so proud of them. who wants to go shopping with dad afterward, put your hand in the air, yah. everybody back here going yeah some of the great stuff, some of the french toast blt. >> it is right here brown sugar bacon, french toast, mapel mayo served with our breakfast potatoes. >> let's put a little bit of sauce on top. >> you have to do that on top. >> you will try this on air. >> you know i will try it. >> what is this here. >> this is our vegetarian one, my kid are all popping in. thinks our vegetarian sweet potato black bean chilly, salsa, and -- >> meat