the lead author is jonathan chang who joins us on the phone from seoul. he's the bureau chief and works for "the wall street journal" jonathan cheng, good morning. >> hi. >> thank you for joining us. can you describe the relations between the two countries. is there any animosity between these events or do you think this will lead to more conversations of the peaceful nature in the future? >> it's really hard to say because we only have one side of the story so far and that's president trump's. we haven't heard from north korea yet and the north korean state media. they haven't weighed in yet and they haven't given us an interview or anything, so we really don't know, but if you take it from president trump's mouth things ended with a disagreement, but the way he portrayed it it was like a disagreement between friends. they couldn't quite get their interest on the same page, but they ended with a handshake and a smile and sarah sanders posted the final handshake between the two men and you can see a big grin on kim's face. you know, that's really the case

the new general counsel is jonathan chang, who has been with the company for nine years. >> we are quickjump on the negative uses. but tracking cars analyzed. that is important. are we focused on the good news? >> of elon's forecasts have often been aggressive and optimistic. it is baked into the stock that the numbers are achievable, but on a much slower time line than what he gives. becoming a real car company. you are seeing more cars on the road, especially here in california. but people buying the cars are happy with them. >> thank you for being with you. it is time for the bloomberg business splash, looking as business stories. sherels of southwest airlines are lower today. the discount carrier says the u.s. government shut of this double play will hit revenue harder than expect. it says it expects to lose $60 million in sales because of that shut-town, four to five times the original estimate. apple is beginning an overhaul aimed at boosting and development. by 2021 the goal is hope the developers will be able to build an app and have it work n i phone, i pan and mac computers. th

jonathan chang is taking over after musk surprised investors saying the cfo will be leading -- leavingot know much besides this vague reference to it being a poor cultural fit. that is reminiscent of something we heard from some of the many executives that departed last year. one executive who comes to mind is justin machinima, who joined the company from seagate and was supposed to be the chief accounting officer and left a couple months into his tenure. he took for granted how much attention there was on this company. you also had a situation where he was up routing from washington and moving to the west coast and focusing on this company on a full-time basis, and decided against this. it is clear weather last night's tweets had anything to do with this. it does not appear to be the case. generally, another indication that elon musk may be a bit of a difficult person to work for. emily: turnover is nothing new at tesla. ,e are talking about key roles the cfo, general counsel, the head of hr. does it concern you he cannot keep these roles filled? >> i would agree that must is a partic

jonathan chang.t you sees as tesla growth of the company, there has been internal promotions but not big outside hires. vonnie: which is interesting. it is a company you would want to work for no matter the problems. sure. a lot of people want to work at tesla. it has a great reputation as being a hard place to work but nothing like it in the world. you are the popular person at the party but at a higher level, recruiting high-level executive talent has been a challenge. vonnie: very lucky to have you in the city with us today. coming up, our global battle of the charts. this is bloomberg. ♪ the latest innovation from xfinity isn't just a store. it's a save more with a new kind of wireless network store. it's a look what your wifi can do now store. a get your questions answered by awesome experts store. it's a now there's one store that connects your life like never before store. the xfinity store is here. and it's simple, easy, awesome. vonnie: it is time for our global battle of the charts. taking

jonathan chang is the sole bureau chief for the "wall street journal," thanks for coming in as the summitlet's set the table for folks sitting at home, what do you think are the expectations heading in? >> we've had one summit already last year, we all remember that. the relationship between the two leaders, to get on the page where the two can be if not friends, then at least in the same room talking about some of these big issues together. now the question is we need to get to brass tacks and specific deliverables in hand. where are going to be talking about the peace treaty, talking about the nuclear program of course. perhaps just building a better relationship, that is the real question. >> bret: you hear that skepticism on capitol hill, you heard the testimony not only from generals who are responsible but the u.s. intelligence agencies saying there hasn't been a reduction. it's been building up. what are we seeing tangibly? they haven't tested missiles, they haven't shot anything recently. >> i think he hasn't pledged to never test again, what they initially agreed to do, he never

jonathan chang, good morning. hi.t: host: thank you for joining us.an you describe the relationship between the two countries? is there any animosity over the event, or do you think this will lead to more conversations? guest: it is hard to say. we only have one side of the story so far. we have not heard from north korea yet. is north korean state media usually how we hear from them. we do not know. if you take it from president -- president trump saying it ended with an agreement. they cannot get their interests on the same page. photosanders posted a showing the final handshake. if that is the case, perhaps this was just a momentary setback. maybe you need the one side to walk away to help kickoff a new round. trump's style of negotiation is very different from previous presidents, which is a very top-down approach. they learned quickly they are actually quite far apart. it is a question of how far apart they are. , whatwith that in mind happens now as far as negotiations? isst: i think what happens they get pompeo and maybe steve beacon, trying to

this shows an obvious breakdown in the compliance and oversight mechanism in place hopefully, jonathan changim constructively to get something good in place. >> yeah. joe, quickly, your thoughts? >> again, don't really disagree. i think that the board has got some work to do here, to be honest but i will return to the earlier point. they're still building better cars than anybody else and that, i think, is going to be what makes the difference. >> gents, we'll leave it there thank you very much. joe osha and craig irwin we have news on the uk seema has the details. >> uk's aa rating on negative watch, citing political uncertainty, surrounding brexit. since the last review in october 2018, the reducing amount of time until the uk's scheduled exit from the eu on march 29th makes a no-deal brexit more likely now uk is not really moving on this note, the pound holding on to 1.30 right now. back to you. >> seema, thank you for that and correctly phrasing it as a negative watch as opposed to downgrade, of course, which i wrongly said the key point there not really moving the markets because it's a

an internal lawyer, jonathan chang, taking over, after musk surprised investors saying the cfo wouldve earlier. what exactly happened? craig: we don't know much beyond the reference to this being a poor cultural fit for him. that is reminiscent of something some of theom s many executives who departed last year, specifically justin machen near -- mackinear, who joined from seagate and was supposed to be the chief accounting officer, leaving a couple months into his tenure. talking about he took for granted how much attention there was on the company. was uprooted from washington where he was a longtime lawyer, moved to the west coast and focusing on this company on a full-time basis, and sort of decided against this. so it is unclear whether last night's tweets had anything to do with this. does not appear to be the case, but also just generally another indication that elon musk might be a bit of a difficult person to work for. emily: tasha, turnover is nothing new at tesla, as craig mentioned, but we are talking about key roles. the cfo, general counsel, previously head of hr. does

jonathan chang is the new general counsel for tesla.kes over for duane butsw butswinkis who is leaving after just two months. these are just the major executive position that we've been able to call up, just today, off the top of our heads saying, who's left in the last year got the general council today, last month, the cfo said he's going to be hiring in december the previous general council left in september. the chief accounting officer left and he had doug field leaving last july. here's is gene munster talking about the executive turnover and the concerns behind it for investor investors. >> this is more, elon is a difficult person to work with. he's a one in a billion type of person and this is further evidence, and that's the biggest problem the company has, is retaining top talent >> as you take a look at shares of tesla, keep in mind, this is one of those moves that, guys, people will sit here and say, is there something more here? duane says, it's just a cultural fit, that's why he's leaving tesla. that has not stopped the sk

says it's not a good cultural fit at tesla so as he leaves jonathan chang has moved up.e's been at tesla for seven, eight years now and immediately has the skeptics saying a-ha there must be something nefarious going on why would the general counsel leave after two months keep in mind, we've seen a lot of executive turnover at tesla, and this is just in the last 12 months not even going back over the last couple of years by some estimates more than 50 executives at the vpo higher level have decided to leave the company. bottom line is this, kelly elon musk is not an easy person to work for. he even admits he's not an easy person to work for he is demanding, and in many ways that is likely a contributing factor to not only this general counsel deciding, you know what, i'm better off going back to my own practice in d.c. but also to other executives who have left. >> carl, at the same time musk tweeted late tuesday that tesla would make around 500,000 vehicles this year and then they say the annualized production rate at the end of the year could be around 500,000 vehicles

the new gc is jonathan chang. after arture of dane short amount of time is problematic.ington-based firm -- --a: he is a defense trial there's a lot of speculation. is dane moving to california? he's remaining a partner at the firm. there's always speculation of how long this gig is going to last. it did not last very long. he's justld this be taking care of the business he needed to take care of and then going home? >> they are still investigating tesla. they hired this guy to be in control of the legal team. the fact that he's going back so quickly is raising a lot of questions for investors. you are seeing the shares in the premarket starting to show that. david: you don't change your legal team in the middle of a major investigation. announce a newt gc joining the company and they leave in under three months. alix: how do you do it? you are in charge versus you need to delegate and have good people around you. al: it's not a good story. you want continuity. there's a fair amount behind this that we don't know. i don't think it's a pretty picture, somebody coming in a

and then jonathan chang will move up. from you will hear people come out and say you have more leadership turnover at tesla. that's not unusual but whether or not there is something more to this than simply dane saying, you know what it's not the right fit, i'm going back to this previous job. >> you sound like the guy selling glass in a bag to children it's fine. it's good. it's broken glass in a bag >> joe, i didn't say that. i did not say that joe, you're -- joe -- >> the guy is there for two months he's a lawyer. he got there and said oh, my god, i can't believe what i'm -- i'm a lawyer look at what i'm saying. i'm out of here. >> look. joe, what's with you today i've been watching you this morning. >> today >> you're in the most per snickty mood today >> because i'm on a diet >> andrew put him on a diet. >> i'm not responsible >> yes, you are. >> let me ask you a different question related to this let's put aside -- look. there are people on twitter already saying there must be fraud here, something else going on her

they have made ten changes. jonathan davies will captain his country for the first time.le of a six day shutdown of racing because of an equine flu outbreak. five more meetings cancelled today. six cases have been identified at the stables of trainer donald mccain in cheshire. over 170 yards are in lockdown. racing won't resume until wednesday at the earliest. it potentially can be incredibly serious and the economic and equine health consequences of an uncontrolled spread of an infectious disease can be incredibly severe. we are doing everything we can to first of all control and limit any further spread, put in place surveillance measures and then plan around what we

he's going to be replaced with long-time insider jonathan chang who helped the company navigate somes home alarm product has a microphone. earlier this month, the company says software update would make it voice control but that meant the device had a built-in microphone, something google failed to mention to anybody. google said the microphone was not meant to be a secret, it's only activated when users specifically enable it. >>> burberry facing backlash for sending a model down the runway wearing a hoodie with what looks like a noose around the neck. this is at london fashion week. the creative director says the design was inspired by a nautical theme but the company's ceo says he's deeply sorry for any distress. he promised to take steps to make sure a similar incident doesn't happen again. >>> finally this. it may be an honor just to be nominated but another perk for the oscars nominees was the $100,000 gift bag. 25 oscar nominees are going to receive an everyone's a winner swag bag with items like a $20,000 luxury vacation, you could pick iceland, the amazon, costa rica, panama

the lead author is jonathan chang who joins us on the phone from seoul.the wall street journal" jonathan cheng, g

we will see if that changes things, lauren, jonathan, thank you for joining us. >> thank you.ousands of teachers set to walk off the job in denver this morning for the first time in 25 years, contract talk breaking down after hours of tense debate over the weekend, the teachers union says the district's latest offer pushes more performance bonuses instead of the pay raises teachers want. classes have been canceled for 5,000 preschoolers, district is hiring thousands of substitutes to keep other schools open. today a judge will decide if a woman convicted of encouraging her boyfriend to commit suicide can delay prison sentence, michelle carter's lawyer want to push back 15-month prison sentence as they appeal the case to u.s. supreme court. carter was found guilty in 2017 of texts conrad roy convincing him to commit suicide. well, man accused of killing and shooting police officer and marine veteran has officially been charged with his murder. jordan is being held on $1 million bond, police say that he shot officer matthew at the milwaukee police rammed it while serving warrant

change its view. our political correspondent jonathan blake is here with the latest.fresh ideas, she has written this article in the sunday to. your opinion? nothing the government has come for the so far isn't anything that hasn't already been ruled out by brussels and the eu in terms of changing that particularly toxic part of theresa may's deeley, which involves the backstop. and so the prime minister says she will be battling for britain when she goes to brussels. we expect at some point in the coming week. as chris said we have a sense of what she will be up against from eu member states, with simon coveney‘s piece in the papers this morning talking about the backstop being a fundamental part of any deal. the political declaration which outlines the future relationship between the eu in the uk, they don't want to start rehashing the withdrawal agreement that has been nailed down and set in stone. but the prime minister will go back and hoping to change the minds of ireland and the 26 other member states. she says she will be battling for britain and northern irel

jonathan hunt said the story was changing by the hour and it's true today. i am leland vittert. the jussie smollett story in a minute. growing backlash over the decision to declare a national emergency on the border. word now that there could be protests across the country on presidents' day tomorrow. ellison barber here and it's not just democrats you'd expect going after the president. some republicans who worry about the precedent as well. reporter: they are talking about this in many ways. the party is divided in a lot of mixed reaction. we are expecting to see those in various states. one would expect the venice california. a state that is also expect to see the president over his national emergency declaration. on friday california's governor and attorney general hinted that a multistate law school hobby or becerra said they will file a lawsuit and that is an imminent. >> we knew something like this might happen and with our partners we are ready to go. we are confident they are at least a billion ways we can prove harm. reporter: they believe this is an appropriate use of

wales have made a whopping 10 changes to the side that won that epic battle in paris last friday. centre jonathanill captain his country for the first time when they travel to rome to face italy, while regular skipper alun wynjones is on the bench. a number of their big names are being rested — george north among them and wing jonah holmes, flankers thomas young and aaron wainwright and scrum—half aled davies will all make their first six nations starts. now, the bbc has been given exclusive access to wetherby young offenders institute where they're using football to help improve behaviour. with more than 230 boys — it's the biggest young offenders facility in the country. violence has been a problem but staff say sport is making a big difference. emma glasbey reports. boysis boys is young as 15 are locked up here. wetherby young offenders institute is where the most vulnerable and challenging young people are held. there is still a problem with violence but they are finding new ways to try and make it safer. this is the biggest young offenders institute in the country, more than 230 boys here. t

change. if you had to pick the least threats, is it the fed, oil, what would it be? jonathanthe one that is least likely to change i think would be the china policy easing. in terms of the fed, the market has repriced beyond what we thought. we still think the fed will ultimately hike in june. that might come back as an issue. we are also watching elections. there are a number of elections in emerging markets this year. we've got elections in india, in thailand. we've got a very important process in brazil. we are watching a lot of the things that are going on within emerging markets as much of the global factors. talk to us about india. that seems to the one market that hasn't joined in the global equity rally. ,here are more acute reasons but do you think that market is undervalued as well? india did outperform e.m.'s last year, whereas china significantly underperformed. we are overweight both, but i think the china story is the one where the narrative has changed most dramatically. people will wait on the election outcome. we will see how macro policy evolves. there has b

changing their mission. chief correspondent jonathan hunt is live in los angeles with more.julie. this all seems to be part of the governor's plan to use his state of the state address tomorrow to contrast his policies with those of the trump administration. painting california as a welcoming inclusive part of an increasingly divided america, central to that message is immigration. with governor newsom directly defying the president by saying he will pull national guard troops from the border with mexico, reversing a decision made by his predecessor. the governor saying on twitter today, quote, the border emergency is nothing more than a manufactured crisis and california's national guard will not be part of this political theater. and newsom said the national guard troops will be redirected to beef up california's wild fire preparation efforts and to expand the counter drug force operations. he's not the first governor to take this action. just last week new mexico's governor announced she will withdraw national guard troops from the border. she used similar language to tha

changes, ten in all. george north is rested. centre jonathannd there are four players starting a six nations match for the first time. another busy day in the premier league. seven matches in all. black armbands will be worn in today's premier league and football league matches in memory of cardiff city striker emiliano sala whose body was recovered from the wreckage of a plane in the english channel. there will also be a minute's silence at st mary's where cardiff face southampton in their first game since sala's death was confirmed. manchester united, who still haven't lost under ole gunnar solskjaer, are at fulham in the early kick—off. with manchester city playing tomorrow, all eyes are on liverpool, at home to bournemouth, and a point would take them back to the top of the table but they've drawn their last two, and the manager knows that they need more than that. i don't think that anybody thought that we would be top of the league with 12 points between us and another team and three games to go, it would be end of april or something like

jonathan: it is a significant change. expect a mistaken, it would be a if you frightened consumers and businesses enough at a time when consumer income growth is ok. you could create a recession but if you avoid any major policy your, the chances of recession alone and what the fed has done is maybe stay one of a two-stage process. they have certainly taken the immediate heat of markets. and a more profound shift which lies behind this, central banks around the world have got a taste of what it feels like to think about the danger of recession. they looked over the edge and they do not like what they see. it does not matter whether it is krugman or whatever, lots of people are worried. policymakers do not have the tools to do with the next recession. there is another stage of the policy shift that may be more a bit strategic in which they might change the terms of reference going forward. make a move toward something a targetingrice level than inflation targeting, that would we one option. a better way of dealing with rec

jonathan: the periphery behaved like credit and not a sovereign. are we witnessing a slow changeis the periphery still changing like credit? matt: i think it still traits like credit, without a fiscal union and the ability to credit, any credit will trade like a credit bond. italy showing that with widening of some 15, 20 basis points. i still think credit, not government bonds. jim: it's not nearly to the extremes we saw in the crisis. in the past years, but the point about that need for yield and income when you have negative rates in europe, the demand will continue, especially now that the ecb is on the sidelines. jonathan: regardless of the data? regardless that the ecb has backed away the last year? it's not providing additional stimulus, it just stopped. the data is worse. tony: not only do you have the fact that they will stop, you're not going to get yields anywhere else, but there is less confidence in a queen and other -- less confidence in equity markets and other assets. you see other people coming back for safety, other times for income. the demand is still there, a

this was initially going to happen two hours from now, but as jonathan lemire just mentioned there's been significant changes to the president's schedule in hanoi. a lunch between these two leaders scuttled as well. the white house making haste to change things around, to move that news conference forward. wendy sherman, i want to bring you back into the conversation here. when you saw news the lunch of all things was being delayed, what did you think about what was happening and wasn't happening in hanoi? >> my sense was something really critical had happened. something had gone over the cliff, there had been a crash. there'd been a real break up in this bromance as i said earlier. because as jonathan just pointed out you don't say you're going to have a signing ceremony unless you're really sure you're going to have a signing ceremony. what was in that document? and if in that document was a very concrete proposal for north korea and something concrete we were going to do or we were going to setup these liaison offices, to have that fall apart is pretty astounding. and it says, again, going back to this, t

jonathan davies will captain wales for the first time as they make ten changes for their six nationsseveral rested after their winning start in france. parents are being urged to stop their children from using mobile phones during meal times, and to take them out of their bedrooms at night. the advice comes from all four of the uk's chief medical officers. they recommend that children go no more than two hours without taking a break from screen based activities. our health correspondent dominic hughes has more. learning about internet safety starts early. important lessons for these liverpool primary school children around information and identity. the dos and don'ts of the online world. the issue of consent is one of the areas covered by new advice from the uk's chief medical officers. it includes talking about safely sharing photos and information online, keeping phones out of bedrooms to help with sleep and taking a break to get moving after a couple of hours on screens. advice designed to help parents navigate their way through a new and unfamiliar landscape. the advice we give i

defeat will significantly damaged theresa may's chances of getting changes to her brexit deal at a time when progress is already slow. jonathanminster. are assisting political editor norman smith is in the lobby in the houses of parliament. it is notjust me saying this, downing street openly acknowledge that even if only a proportion of the tory brexiteers we re a proportion of the tory brexiteers were to add stein, then she will go down, and this is despite number 10 trying to turn up the bunsen burner on the brexit tears by saying, if you defeat misses may, you will scupper her chances of getting some sort of revised brexit deal. their responses to say, pull the other one. they believe this is really all about slowly, slowly, slowly taking the no deal option off the table, and, they believe, paving the way for blaming them when misses may fails to secure any significant concessions. but here's the thing. when you say to number 10, why don't you tweet the language and you would avoid a potential bloodbath, they say you can't even do that, and therein lies misses may's problem, trying to keep both sides of her fractures, feud

change pot's image. nbc bay area's digital journalist jonathan bloom is looking into how local companies are working to rebrandijuana products. many of the dispensaries are hoping to make it be seen as a normal consumer product, and not a tobacco drug. one shop in san francisco is allowing its customers to smoke and get a coffee. >> is it a coffee shop vibe, a bar vibe? ? more of a coffee shop vibe. i see a lot of people randomly talking to the person next to them while they're consuming a joint together. >> you can watch the full series of stories on our website, nbcbayarea.com. you'll also find an interactive experience with walk-through tours of each of the dispensaridispensary s featured. >> 6:44. >>> there say deal on the table to keep the government open. >> will the president say okay, scott? >> we are watching twitter this morning, marcus. the president got back to the white house very late last night, past 2:00 a.m., after a big rally in el paso, texas. there the president once again pushed for his wall and repeated the claim that a border fence erected at the mexican border in el paso in 2008 led to

york communities for change criticizes amazon's hq2 plans and now that amazon canceled the plans to come to new york will other businesses be concerned? >> joining us now is jonathantive director at new york communities for change and katherine wild, ceo of partnerships for new york city thank you both for being here. >> thank you. >> cathy, we'll start with you so we asked this question, what happens now with other businesses wanting to come here. you were in favor of this hq2 deal correct? >> yes. >> there were some talk when amazon was running this contest, at least the cities that put in a bid, at least now have this package that says come to our city we can do business with you. has that changed for new york right now? >> i think new york's image as a place to come and do business is a big tarnished and uncertainty in the minds of business which they don't like about whether or not they would locate here we were excited to have a tech, big tech headquarters operation here we have got lots of tech employees. we have lots of start-ups and vice presideit makes a big difference of the leaders here in terms of our our role in the global tech economy. >> you, jonat

specific path of short-term rates, it looks unlikely that anything will change barring a very large downside or upside. jonathand -- lisa: i noticed you were not in your head -- you were nodding your head. tell us a bit more white it is so under the -- why it is under the radar. luke: it is because when you look at the headline figures for the data, they are going down. it took both george and neil orders german factory still bad, but look at this. it is a leading indicator. in terms of where you think the sentiment is so beaten-down maybe we should start to turn a quarter and you could get the big jump moves and enthusiasm, europe is the poster child for that for a long time. scarlet: what will you be looking for next week as we get ready? is it because we ended on a higher note? we got a boost of at the end of trading, and is that good news overall? equitiesatching u.s. -- it will be interesting as china comes out of the new year break. they have been out all week. another thing is the u.s. dollar and seeing if the recent uptick -- six days in a row out of the fed, seeing if that has legs or doesn't. it doesn

changes, ten in all. george north is rested. centre jonathanations match for the first time. wales lost to the french last week in the women's six nations, they face italy in lecce tonight. weighed down in the south of italy. ireland beat scotland 22 points to five in glasgow last night. after a big defeat to england, ireland's women bounced back with a bonus point victory. they ran in four tries. prop leah lyons powering over for their second. black armbands will be worn in today's premier league and football league matches in memory of cardiff city striker emiliano sala, whose body was recovered from the wreckage of a plane in the english channel. there will also be a minute's silence at st mary's where cardiff face southampton — their first game since sala's death was confirmed. the former nantes striker never got to play for the club but the manager is sure he would have been a great success. he was a scruffy, scruffy type of player that for me would score 10—15 goals every year at the top level. notjust that, work hard as a team player. ju

jonathan davies will captain wales for the first time as they make 10 changes for their six nations matchped out a seven point deficit injust over a month. their 2—nil win at everton takes them top of the premier league above liverpool for the first time this year... a 24—year—old man has been arrested on suspicion of abduction in the connection with the disappearance of libby squire. the university of hull student has not been seen since leaving a nightclub in the city last thursday night. police says finding ms squire remains their top priority. our correspondent, sarah corker is in hull. this raglan street here in hull where a 24—year—old was arrested last night and there has been a continued police presence with offices going in and out of a property here. humberside police are questioning that man on suspicion of abduction. they have not found libbey yet but that remains their priority. one neighbour this morning said they saw two csi vans packed her last night and also saw a car being towed away as part of the investigation last night this is an area popular with students, it is pop

jonathan oonig. investor reaction was to downside in the aftermath of the change of plans, no deal being announced.today? >> a lot to depend on economic factors at home, specifically with the u.s. market. south korea, however, is a different story. you saw that market fall pretty sharply following this pretty surprising news of the cessation of the summit. it leaves us without a lot of the president's goals accomplished. no denuclearization, but plenty of legitimateization of north korean leader kim jong un. when it comes to the market, it still is a bull market, a albeit kind of a tired one at that. yesterday, some stocks 52-week highs. disappointment overnight. it will take bigger perils to dethrone the bear market. cheryl: let's bring in todd. obviously, this market has got a lot to watch now, not just the early ending to the summit with no agreement signed between the two nations but also we're in the middle of ongoing trade negotiations with china. the chinese and north koreans have a tight relationship and the chinese have been accused of frankly laundering money for the north koreans. does t

. >> bret: jonathan, ed markey has been around the block and done a lot of climate changes piece of legislationskers hitching their wagon to aoc's popularity appeal, youthfulness, right? >> it's because polling is showing that socialism is becoming more popular particularly among democrats. gallup polling in 2010, 53 now up to 57, last i checked, 58. it is not like when trump uses this issue it's very powerful in a electorate. if you are looking at a democratic primary electorate which all these candidates are, they are seeing the same polling we are. >> it's true it polls people if you want free things and asked a little bit doorp are you willing to give up 70% of your income to achieve those free things? those poll numbers start plummeting quite a bit. >> also when you talk about climate change is a concern of the voters it is usually way down on the list of concerns. >> bret: they pitch it that only the top tier is going to be paying that. >> for now. that would not cover anything close to the actual amount needed. >> always pretty popular. >> bret: next up virginia's government and what exac

jonathan davies will captain wales for the first time, as they make ten changes for their six nationsenham's wait to move into their new stadium goes on as the club confirmed the march two london derby with arsenal will take place at wembley. more on this story is just after place at wembley. more on this story isjust after 2:30pm. a body seen in the wreckage of the plane carrying the footballer, emiliano sala and the pilot david ibbotson, has been recovered. it hasn't yet been formally identified. the light aircraft was found on the sea bed in the channel on sunday, two weeks after it disappeared during a flight from nantes in france to cardiff. the body has now been taken to portland in dorset — from where our correspondent duncan kennedy sent us this update. this is the latest stage in what has been an extremely difficult and sensitive process for everyone involved, particularly of course the two men's families. it is not yet clear whose body has been brought short here in portland this morning, whether it is that of emiliano sala or david ibbotson, but police say they are keeping

jonathan blake. this week, theresa may heard parliament have its say, voting to back her brexit deal, if one key part could be changed. the prime minister says it won't be easy, but she's ready to try. she writes in the sunday telegraph: "when i return to brussels, i'll be battling for britain and northern ireland, armed with a fresh mandate, new ideas and renewed determination to agree a pragmatic solution that delivers the brexit people voted for". the prime minister says she's determined to deliver brexit on time, on march 29th, this year. so, what are those new ideas the prime minister mentions? so far, the eu has ruled that everything the government suggested, but the answer can be found, said this cabinet minister, if only both sides look hard enough. i asked border force, months ago, to advise me to look at what alternative arrangements are possible and they've shown me, quite clearly, you can have no hard border on the island of ireland and you can use existing technology. it is perfectly possible. the only thing that's missing is a bit of goodwill on the eu side. the sticking point is still how to keep an op

jonathan: for a long time, the third for he behaved like credit and not a sovereign. tradinghe periphery like credit or are we starting to see a change: i think it still traits like credit, without a fiscal union and the ability to credit, any credit will trade like a credit bond. italy showing that with widening of some 15, 20 basis points. i still think credit, not government bonds. jim: it's not nearly to the extremes we saw in the crisis. -- tony: i think so. it is not nearly to the extremes that we saw in the crisis. yielde point about the for incomes and yields, that will continue especially now that the ecb is on the sidelines. jonathan: regardless of the data? regardless that the ecb has backed away the last year? it's not providing additional stimulus relative to last year, it has just stopped. the data is worse. tony: not only do you have the fact that they will stop, you're not going to get yields anywhere else, but there is less confidence in equity markets and other assets. you will see people coming back i for safety and for income. demand is global, not just europe. jonathan: let's talk about the u.s. and the global ba

defeat will significantly damage theresa may's chances of getting changes to her brexit deal at a time when progress is already slow. jonathanolitical correspondent vicki young is in central lobby. earlier you came up with a wonderful phrase, you said that this was like shadow—boxing. phrase, you said that this was like shadow-boxing. what these folks could show is the direction that things are going in, different groupings there are as you know and different tensions there are in the house of commons which have been very much on show this lunchtime, where you have pro "brexit" conservatives very much wanting the government to keep no deal on the table, that is the default legal position, the other side, those who wa nt to position, the other side, those who want to delay brexit, rule out a no deal, really urging the government to make it clear that they accept that the house voted for that a couple of weeks ago. difficult time for ministers. let's speak to the communities minister, james brokenshire i. start by talking about housing, your day job. brokenshire i. start by talking about housing, your dayjob. talking about hou

jonathan blake. this week, theresa may heard parliament have its say, voting to back her brexit deal, if one key part could be changeder says it won't be easy, but she's ready to try. she writes in the sunday telegraph... so, what are those new ideas the prime minister mentions? so far, the eu has ruled out everything the government suggested, but the answer can be found, said this cabinet minister, if only both sides look hard enough. i asked border force, months ago, to advise me to look at what alternative arrangements are possible and they've shown me, quite clearly, you can have no hard border on the island of ireland and you can use existing technology. it is perfectly possible. the only thing that's missing is a bit of goodwill on the eu side. the sticking point is still how to keep an open border between northern ireland and the republic of ireland if a trade deal in the uk can't be done, something both sides agree is crucial. well, are they really saying that they would rather not negotiate and end up in a no—deal position? i think that's not a responsible approach to take. it would have an impact on the eur

jonathan? >> hey,er -- hey eric, look at the stadium still on me. the roof is still on. that may changee is beautiful. the rain we saw this morning has cleared up. the temperature is 63 degrees right now. it feels like springtime. what's going to happen in tonight's game? we pose that question to the fans. take a listen. >> most people want the rams -- >> they want to see the underdog -- >> i think the stadium noise is going to be pro-pats, but unfortunately the rams have shown they do well on the road. >> if head coach bill belichick can bring new england to victory tonight, patriots quarterback brady will become the player with the most super bowl wins in nfl history. a win for los angeles would make 33-year-old sean mcvay, the youngest head coach to win a super bowl. pop rock band maroon 5 will be headlining this year's halftime show. they will be joined on stage by rappers and big boi. some others declined invitations in show of support for colin kaepernick who hasn't been signed to a team since the 2016 nfl season when he took a knee during the national anthem in protest of police

jonathan? >> hi, shep. that's the question. is the super bowl going to represent a victory for the old guard or a changing of the guard.is one of the oldest coaches in the nfl. at 41, tom brady is the league's oldest quarterback. for nearly two decades, the two have been one of the most formidable qb-coach partnerships bringing the new england patriots to five super bowl victories. >> we've been together so long and in a great way. i've learned so much from him. you know, i've tried to be what i think a quarterback should be for a team. >> l.a. rams coach sean mcvay is half belichick's age and his quarterback, jared goff is 24. the same age brady was when he won his first super bowl 17 years ago. >> i think we're ready. they have been here four times. have had guys that have won this game and done it the right way. have that knowledge of how to do it the right way. you know, still have to play a game sunday. we'll be ready. >> one super bowl legacy since 9-11 is increased security. the first thing fans will notice is the wide security perimeter around mercedes benz stadium. norad is using fighter aircraft to protect th

jonathan: more of another drag on revenue. one or two percentage points off. i think depending on how funding conditions changeat exactly does it mean? will the banks repay the loans quicker than they should? jonathan: they will repay when they need to. some banks are talking about the fact that they will lower their liquidity coverage ratio. clearly, the ecb does not want the banks to run down liquidity much, so it is a balancing act. is it a drag? absolutely. tom: i believe credit suisse does the ballet tomorrow. what are you looking for? in core business banking demand and stuff like that, are they moving forward? beathan: credit suisse interesting because it will be net new money and the thick and equities -- fic and equities trading. i am most interested in barclays because the estimates are for it to be up and fixed income to be flat and small. given that share a 5% and the activist investor, there could be a lot of price action. they will probably be talking about share buybacks again. tom: will they be talking about rightsizing? refite--- will we employment to the new definition of digital banking? jon