of london's stock.t increases the in direct exposure to core assets on the continental shelf. goldman sachs is considering cutting more than 5% of salesman. according to persons with knowledge of the matter, it could come later this quarter, as it contends with an industrywide revenue slump. the new york-based investment bank will make a decision after evaluating client activity. australian conglomerate has inered to buy a home company the retail group. it would give them 265 improvement stores. it comes as they are considering making a formal offer, which will cost around 1.2 billion pounds based on the current market value. the barclays chairman believes a brexit would damage the finance sector. john mcfarland says london would be in a, i would toss back here to you guys. manus: thank you very much. the barclays chairman believe that brexit would damage the finance sector. john mcfarland, who is also the chair of decision u.k., says london would be in a significant league worst position if they leave.

the city ofnk london will thrive and financial services in london will thrive cousin is such a large segment. the question is will it be much better or much worse? our opinion is it would be significantly worse. francine: why? guest: we run the risk because we have this free trade area we are getting this benefit from. my own company which i'm not really talking about today, we don't have large businesses in europe, but we have very large activities relating to europe in the city of london and that is true of many of the organizations. we don't know what the impact of withdrawal would be on that. be city look would up to if it were to leave the european union? i think it would take quite a while for continental financial services centers to emerge. that would be a process over a very long time, so i doubt there is immediate erosion. competitor and healthy competition. but it is real competition. new york may in some way try to take advantage. i think part of the problem is talent goes where the money is. just talent, but business goes where the opportunities are. we just had several

it was in a provocation towards london? -- was it a provocation towards london? >> he was not able to live in peace. sarah: they called the conclusions a provocation. a kremlin spokesman dismissed the findings as british humor. >> it is business as usual for vladimir putin despite the explosive findings in london. he spent part of his day here meeting with scientists and left it up to russia's foreign office . they said it was neither objective nor independent. it was one goal and it was clear from the beginning to vilify russia. and with regards of this, i would like to remind you o this particar form investition isn' andasn'clear fo public in both russian society. >> these questions should of been addressed to the british justice system that has not done anything to clarify them. their conclusions are link to their political goals. we can only hope that common sense prevails. >> the person at the center of the accusations isn't commenting for now. >> moscow has slammed this british investigation. when we look at the investigation, was a completely unbiased? >>

. -- that affects london.happen to think the outs are going to remain out, most of those who are out will remain out. it is a really important point most people aren't fixated on that, migrants and benefits, this area is going to be key. stephanie: being tied to the eu is how you continue to make that case. if you leave, we know the city is not going to get a good deal in europe. francine: sometimes when you're an outsider is we have not seen big businesses coming out in favor, so we were talking about the latest case from the politicians, where is big business right now? roland: you've had some large business leaders like the therean of pa systems and has been a succession of ones who have laid out very clearly why we should stay in. reluctancesomewhat from those who got accused by the messages being put out by number 10, should they shut up until we -- until the renegotiation takes place? should they speak out? a lot of this wants to be nice to the government. do you have debates as you get to the summer vot

could be an alternative to london?ambridge moment we are having. there is a tendency in any time zone for wholesale financial services to congregate. tom: agreed. well said. >> that gives london some very strong inertial power. went out, it if we would be a catastrophic failure immediately, but steadily over the time at the margins there would be pressure that would be effective. tom: what you need to see from brussels, frankfurt, or amsterdam? >> euro markets on the continent. tom: that is their negotiating peace? >> is not their negotiating peace. if we leave, it will be controversial and the will be bad feelings on the european side. what that opens up to is all sorts of possibilities of people saying, clearly the clearing of security, and it would open up opportunities to play those sorts of games which has been limited so far. using the u.k. for some clearinghouse. do we know if it would be positive or negative for sterling after this country were to leave the eu? >> i think it would be massively negative if we we

anyone watching nfl in london? tom: last night, i darkened the door of the barbecue grill by the tower of london. americans were there in force to watch. what a lousy game -- i don't care what mike mckee says. it was not championship football . francine: i'm lost. me at half the european population of no idea what you're talking about. tom: francine asked an important question -- not only was it again, but the two quarterbacks lead each team, ancient. tom brady and peyton manning. it was the game everybody missed optically wished for all season before they played a real team. that would be my assessment. i like the nfl coverage on london tv. very informed. francine: let's go to data. tom: equities and commodities --

stay with us in london."bloomberg surveillance" . ♪ ♪ francine: this is "bloomberg surveillance" live from london. i am francine lacqua with tom keene. german business confidence falls for a second month. great to have you on the program. if you look at the figures today, it is clear confidence is dropping because more and more businesses are worried about global growth. will it get worse from here? the business climate index was a surprise for us. extent to which it has dropped is larger than expected. francine: the main worry is what? the china turmoil? the price of oil? sector which was mainly responsible was the industrial sector. it was mainly those firms that exports -- the shock of the stock markets is also reflected in the business climate index. francine: talk us through political ramifications. , and one of the biggest questions was about merkel and her political future. business confidence is increasingly at risk. what does it mean for the german chancellor? >> this is a difficult question. we hav

over the weekend london made a strong claim to that title. >> reporter: as night fell, london transformed into a spectacle of light. westminster abbey dazzled in a kaleidoscope of color, bringing ancient carvings to life. in st. james square, perched performers looked like sparkling gargoyles. others dangling precariously overhead from wires. in mayfair an iconic red phone booth turned into a home for goldfish. this weekend the capital is a cathedral for the absurd and otherworldly. equal parts alice in wonderland and "avatar." all of it the wild imagination of a group of artists with lumiere london, the city's first festival of light. for four days streets, buildings and statute ewes become a canvas for light installations, videos and performance. janet ekelman chose oxford circus as her canvas. international hub in the world. we're standing in oxford circuit which is the busiest pedestrian spot in all of london. >> reporter: the audience did turn out, fighting back the glow. >> we're privileged to be allowed to play in all the great iconic places in central london. and it provides us wi

your dad is a very clever bloke. >> anyway, we're going to take somebody now from london, from london. this chap has been waiting for a considerable amount of time. >> in harrough once again just like last year, the living wage came out on top. and that for me is a message that the uk youth parliament has to wake up and do its job. clearly whatever we did last year was not enough and the young people are disappointed enough. the government has put the living wage on the political map through whatever you think of their new policy, they put it there. and now it's up to us to make sure it's on the youth politics map. we clearly didn't do it last year, that's why it's won again. that's why we've got to go again to make sure the young people finally get what they want out of a youth parliament they deserve. >> thank you very much indeed. who wants to contribute from the west midlands. who have we got s? what about the guy at the end wearing the red rose. >> thank you very much, mr. speaker. my name is r.j. bower and i come from royal lefington from the west mid lands. the three benefits t

tuned.re you stay london looking lively this morning.going on. ♪ the only way to get better is to challenge yourself, and that's what we're doing at xfinity. we are challenging ourselves to improve every aspect of your experience. and this includes our commitment to being on time. every time. that's why if we're ever late for an appointment, we'll credit your account $20. it's our promise to you. we're doing everything we can to give you the best experience possible. because we should fit into your life. not the other way around. ♪ >> stocks slide. 6% at thelunges close. oil below $30 a barrel. the ecb president said the central bank must fulfill its inflation mandate. it's credibility is on the line. the federal reserve's first meeting of that year. a hike off the table? good morning. i am jonathan ferro

i'm francine lacqua in london. tom keene in new york. but he will be in london today. it's sunny.e're excited to have you here, tom, and then we have you next thursday, the move on sterling. now it's time for my morning must read away from london. we go to riyadh. liam writes in bloomberg. this is about ramco. change is clearly in the air. he said they're going to unval a national transformation plan aimed at streamlining a public sector where wages swallow up nearly a fifth of g.d.p. and diversifying the country's tax base. very hard not to talk about aramco as a defensive move, when you look at all the challenges saudis have this week with the military, but also the financial and political front. tom: i think it's hugely telling. i was stunned when i saw the headline. what it means for me is there's been a massive lack of transparency, sort of like alibaba, you wonder if we're going to get u.s. accounting and balance sheet transparency off of aramco. francine: and, tom, there's so many questions about how you vault and the amount it has is -- you know, it's in the trillions of d

is the newshour live from london.ming up. i.s.i.l. blamed after a rocket fired from syria hits a school in turkey. >>> warning an el nino weather system could leave trean million hungry in africa. targeting u.n. officials. u.

jonathan vigliotti, london. failed on the plane i was flying, i knew what to do to save my passengers. but when my father sank into depression, i didn't know how to help him. when he ultimately shot himself, he left our family devastated. don't let this happen to you. if you or a loved one is suicidal, call the national suicide prevention lifeline. no matter how hopeless or helpless you feel, with the right help, you can get well. no matter how hopeless or helpless you feel, is one of the elemental thprivileges of a free people. endowed, as our nation is, with abundant physical resources... ...and inspired as it should be to make those resources and opportunities available for the enjoyment of all... ...we approach reemployment with real hope of finding a better answer than we have now. narrator: donate to goodwill where your donations help fund job placement and training for people in your community. >>> there may be no greater love than the love at the heart of this next story. steve hartman found it "on the r

adam posen and meghnad desai, from london.rveillance peter: stay with us. ♪ right now to the vice-chairman of federal reserve. fischer repeats a recent speech. this is an important confab, particularly when you look at what is going on with china, with oil. west texas intermediate, 31.43 per barrel, off the bloomberg terminal. also, a morning must-read with francine lacqua. francine: we picked something that came out last week because we want to talk turkey. this is a "new york times" editorial. already built a disturbing record as an authoritarian reader, willing to trample on human rights. francine: this was written before we saw this blast. cracking downogan on reporting from local media today. is turkey the next vladimir putin's russia? fabrice: more than that. record aso rival the a longest governing person of turkey. amarkably, in a country with secular constitution guarded by the army, and islamic party has won three successive elections. determined to stay a power, and he will be democratically elected dictator for the

steves: london is growing, and its underground is growing with it. historically, most london attractions have been contained within its downtown circle line, but there's a new tube network emerging, and it's clear -- london is shifting east. each morning, a thunderous high-tech workforce surges into a district called the docklands. once a gritty industrial harbor, then a neglected no-man's-land, today the docklands has been transformed. it fills a peninsula created by a bend in the thames with gleaming skyscrapers springing out of a futuristic people zone. canary wharf tower is one of the mightiest skyscrapers in all of europe. workers enjoy good public transit and plenty of green spaces for relaxing. the entire ensemble sits upon a vast underground shopping mall. in the 1700s, the thames riverfront was jammed up with shipping in downtown london while this end of town was an industrial zone with the stinky industries -- glue making, chemical works, and so on -- conveniently located just downwind from the rest of the city. in order to relieve all the

. >>> rush hour in london may be one of the busiest in the world.ee why authorities are shutting down some of the cities famous tube stations during peek hours. e plaque psoriasis... isn't it time to let the real you shine through? introducing otezla, apremilast. otezla is not an injection, or a cream. it's a pill that treats plaque psoriasis differently. some people who took otezla saw 75% clearer skin after 4 months. and otezla's prescribing information has no requirement for routine lab monitoring. don't take otezla if you are allergic to any of its ingredients. otezla may increase the risk of depression. tell your doctor if you have a history of depression or suicidal thoughts, or if these feelings develop. some people taking otezla reported weight loss. your doctor should monitor your weight and may stop treatment. side effects may include diarrhea, nausea, upper respiratory tract infection, and headache. tell your doctor about all the medicines you take, and if you're pregnant or planning to be. ask your dermatologist about otezla today. ♪ los

sincerely yours, jack london. he traveled to new york, went to the chicago world's fair which was commissioned to write a poem for a statue in the california building. she was honored in new york and author club luncheon for women. she met some famous writer in new york and then she came back and then she continued to try and filter delivery career by writing and giving lectures. but it was never enough money to live on because as poets know today, it's hard to make a living as a poet. and went on if they than even came up to her and said, our family just lives on your poetry. and she said, well, that's nice to its been more than i've been able to do. it's important to remember that around the turn-of-the-century around 1900 when she began work at first mercantile, she was diagnosed with rheumatoid arthritis. so she had very bad arthritis. for the rest of her life. so what happened was in 1915 she was crowned california's first poet laureate. and then in 1919, still frustrated with her output of poetry and remembe

jonathan vigliotti, cbs news, london. >>> up next, candidates court voting bloc. >>> less than ten months to election day, some presidential candidates are psyching support from the nation's fastest-growing voting bloc. here's carter evans. >> reporter: when hillary clinton held this rally in san gabriel, california, home to the country's largest asian-american community, she also launched a campaign to target what may be a key vote in november. >> i'm very proud to have so many asian-americans and pacific islanders working with me. >> reporter: they are the country's fastest-growing political constituency whose registered voters doubled to 4 million between the 2008 and 2012 elections. >> we've gone from being marginalized to becoming the margin of victory. >> reporter: leading the asian vote initiative is congresswoman judy chew who brought in supporters from around the country. >> certain states will have a huge effect on the outcome of as nevada, such as virginia. >> you're from? >> las vegas, nevada. >> we have votes

in london -- in new york and 7:00 p.m. in london. do not miss our fed special. ♪

i'm betty liu in new york with mark barton in london.hares inia may sell its estate owned oil company, the world's largest producer of crude oil. this is huge. the deputy crown prince tells economist decision will be taken in a few months. he's enthusiastic about that idea. for more on the idea, julian lee joins us now from london. why would one of the most secretive oil companies in the world want to now open its books to the public? we have tot question ask ourselves is how much will it actually open its books to the public? ipo is likely to be an carried out in saudi arabia for a very small stake in the company, potentially may be only open to saudi investors. it is unlikely to be a listing on new york or london stock exchanges that would require more transparency than ipo in saudi arabia. we need to bear that in mind. why now? when they launched the 2016 budget just before the start of perhaps privatizing parts of the saudi industry -- this is part of a broader policy under the new king and the deputy crown prince. altering the struc

thank you. [ cheers and applause ] >> >>supervisor london breed: thank you, mr.o all the protesters who have made this the most interesting swearing in ceremony i have ever attended. now we will have a benediction from fatih ferdi ates. >> good afternoon. shalom. peace and blessings to all of us, all our city, our country and whole world. eternal god by whose powers we are created. guide us, strengthen our mayor edwin lee and his board that they may give the best service to our city of san francisco and his wonderful people for every generation to have risen to govern. we have just witnessed as a city once again uphold our mayor edwin lee to navigate our city and the people through the challenges of his dynamic and ever changing times in our history. as our mayor to responsibilities, it's our obligation as people of many faith each in our own tradition and way to create that we grant and determine and wisdom so that will be indeed who he might serve, protect and create opportunities for all of san francisco most especially for those who can not care for themselve

thank you. [ cheers and applause ] >> >>supervisor london breed: thank you, mr.o all the protesters who have made this the most interesting swearing in ceremony i have ever attended. now we will have a benediction from fatih ferdi ates. >> good afternoon. shalom. peace and blessings to all of us, all our city, our country and whole world. eternal god by whose powers we are created. guide us, strengthen our mayor edwin lee and his board that they may give the best service to our city of san francisco and his wonderful people for every generation to have risen to govern. we have just witnessed as a city once again uphold our mayor edwin lee to navigate our city and the people through the challenges of his dynamic and ever changing times in our history. as our mayor to responsibilities, it's our obligation as people of many faith each in our own tradition and way to create that we grant and determine and wisdom so that will be indeed who he might serve, protect and create opportunities for all of san francisco most especially for those who can not care for themselve

from london, new york and zurich, stay with us. ♪ back, i amelcome caroline hyde in a cold city of londonyou are currently seeing a gain in the pound. and a gain in the ftse 100. andave tom keene in zurich vonnie quinn in new york. vonnie: millions of twitter users have trouble using the service. it has lasted more than an hour and a company says it is partially resolved. my tweets haven't been able to send. the french automaker will recover 15,000 vehicles after an investigation shows there pollution filtering system needed adjustments. capitalists invested $30 billion in chinese startups last year. twice as much as 2014. they are seeing that china is a legitimate challenge to the u.s. for leadership in the technology industry. caroline: thank you. let's look at the u.k.. u.k. inflation edged higher in the month of december. 0.2%. at noon, we will hear from mark carney. let's bring in richard jones. and of course, paul donovan remains with us. these numbers are slightly higher than expected. but richard, should the pound be gathering steam? richard: part of what we are seeing this mornin

ferris wheel on the south bank of the river there in london. 2016 alive and well in london. they did call in a lot of extra officers out there as precaution in the central london area, 3,000 armed officers came in. >> that's something we've been seeing across the globe, obviously given what happened in san bernardino and of course in paris. a lot of stepped up security but look at this, nothing but fun and lots of fireworks taking place right now in london as they ring in 2016. >> i remember the mayor of london saying he wanted party goers to go out there and soak it up and get the atmosphere and celebrate the new year and they're doing that in london as we speak. they've been doing it across the world and over the last -- not australia, what's the first one? new zealand, australia, thailand, china, moscow all celebrating the new year here. >> and new year's eve of course bringing out big crowds, creating security concerns all around the globe especially as i mentioned in light of the terror attacks in paris and san bernardino. as joe tells us officials in new york city are

london has a pollution problem.'s only eight days into the new year in the city has failed the eu's smog limits for the entire year. 19 time so far. the concentration of that exceeded the limits. the culprit is vehicles with diesel engines. ♪ vonnie: global news 24 hours a day. i'm vonnie quinn. betty: that does not look healthy over there in london. i'm worried about mark. it's time to get a read i with the currency markets are doing. mark: the dollar is taking up today once again. the u.s. economy has more jobs and forecasted. richard jones and bloomberg. happy new year. bestck the dollar against the record high today. 49 days -- for nine days. what is a become a worry for the fed? richard: it is something of a feed into the thought present terms of what are they going to do with rates this year. the interesting thing in the wake of the job report is that we have seen the dollar give up some of its gains. number,at the headline the knee-jerk reaction to take the dollar higher, u.s. yields higher and equities highe

former inmates got together in london and washington, d.c.he final closure of that camp. al jazeera's paul brennan reports from lopped. >> over the past 14 years the register of those detained at guantanamo bay has included the names of nearly 800 men and for the first time altogether, seven of those men gathered outside the u.s. embassy, among them shakir amir, who spent two years there, rouhad ahmed. >> it saddens me to see that people are still in guantanamo even though they are not guilty of a crime and america has made a massive mistake and they don't know what to do with these people. >> goodman bay became synonymous with enhanced negotiation which lawyers describe as torture. cleared for release found themselves trapped in a legal and diplomatic limbo. >> it is possible to whittle down the numbers. there are a whole bunch of people who have been long cleared, and others who have never been cleared and should be charged in a real federal court. >> the number of detainees will this month drop below 100. 17 inmates are expected to be rele

in london. matching estimates. again, since governor kuroda announced, it seems like much more of a race now. ecb vs. doj. that is one of the key things of this hour. mike: absolutely. it is definitely a "your move" time. now in the crosshairs of the japanese yen, it will be very interesting to see how the ecb reacts to all of this, fran. francine: we will have that next. let's get to bloomberg's first news with vonnie. vonnie: yen is just underneath $1.21 now, trying to jumpstart the nation's economy. kuroda japan governor announced the move today. he hopes it will push banks to sluggishpite japan's economy. the central bank will be charged a fee. talks overws, peace syria resumed in geneva. andesentatives from russia syrian president bashar al-assad's government will meet. the u.n. is brokering the talks, saying syria's humanitarian crisis must end. all sides are using hunger as a weapon, putting up blockades. u.s. diplomats say they are having a hard time getting otherworld hours to get tough

who murdered sasha or from other russian agencies based in the london embassy. i'm also calling for the imposition of targeted economy sanctions and travel bans against named individuals, including mr. putin. >> the british government will freeze the assets of those suspected of the killing. >> the conclusion that the russian state was probably involved in the murder of mr. litvinenko is deeply disturbing. >> it was a murder straight out of a cold war spy novel, the former russian agent litvinenko defected to the west to become a british citizen only to be hunted down and appraised on british soil by his former colleagues. there was antagonism bren litvinenko and putin back to the 1990's. the public inquiry has no legal base but could influence what the government does next. with putin's cooperation need when it comes to defeating isil in syria, a full blown diplomatic row is the last thing the government wants. nate barker, al jazeera, london. >> rory challands has more. >> the russian responses to this inquiry have concentrated on the accusation that britain h

[laughter] [applause] >> we are to take someone now from london, from london. airchap with weak release -- with the curly hair. wage cameow, a living out. that to me is a message the u.k. youth parliament has to wake up and do its job. whatever we did last year was not enough and the young people are disappointed. the government set the political -- the living wage on the political map and it's up to us to make sure it on the youth politics map. we clearly didn't do it last year and that is what we have to go again to make sure the young people finally get what they want out of a youth parliament they deserve. [applause] >> thank you. who wants to contribute from the west midlands? end wearing the red rose? >> thank you very much. the benefits will be benefited in business, family, society. in business, a study examining the business benefits sound more than 80% of employees believe the living wage would enhance the quality of work of their staff while absenteeism had followed by 25%. it is also benefiting the family. giveiving wage and helps the opportunity fo

he leaves through london as a young man, easing charge of things for his father, he had never been to africa, he doesn't know what he's getting into, they news under get to africa than a man tries to escape, mutinies, slave ships were frequent, it was the worst work, it was the worst work. he begins negotiating for the purchase of human beings. once he is in africa he leaves the ship he is gone, and goes to another ship that then goes to the caribbean. once they were on their way to the caribbean, the terrible epidemic breaks out, 12 people died in 18 days, ten of those people i children. she records their deaths day-by-day, he manages to get back to new london and gets on another slave ship his father owned and goes back to africa. when they are on the coast of africa they're captured by the french to take away their vessel and air cargo which consisted of some muskets and trade goods and 13 human beings but he manages again to not come out unscathed, but the governor of a slave castle in africa returns his ship to dudley and his commander, william taylor. and they sail into the suns

embassy in london.ng them, shakir amar, and another detain ereleased without charge. >> i do think, it is something i can't forget and it saddens me that people are still in guantanamo even though they are not guilty of a crime. and america has made a massive mistake and they don't know what to do with these people. >> guantanamo bay became synonymous to what amounted to torture. the white house and the courts clashed over the fates of guantanamo bay its prisoners languished in custody. even those in the path of release languished. >> a few people should be charged, they should be dmarnlgd a real federal court. >> with just a year of his presidency remaining, barack obama needs to fulfill his promise of closure. 15 nments ars 17 inmates are exo be released in january alone. >> doesn't make sense for us to be spending 500 million, $1 billion to have a security setting for 50, 60, 70 people. >> in an interview with al jazeera former detainee shakir amir urged the united states to end this once and for all

london. london. ((take pkg))(nats up : parade performance - pool video ) moore, oklahoma's southmoore high school marching band has played countless football games and school ceremonies - but nothing quite like today's big performance.(nat pop of performance)the annual london new year's day parade. more than 8,000 performers march alongside london's most iconic southmoore in holding area) southmoore was one of this year's show closers, which means they waited a little longer to perform. no problem for a band that has waited nearly 2 and a half years and survived tragedy for this moment. (sot ian jacks / southmoore high school sophomore (10th grade) )the friends that i had before the tornado, they weren't the same after. so now they're back, i guess, because they're happy again.(file video of destruction - us pool and newspath/ aerials from kwtv/kotv)the tornadoes of 2013 wiped out much of moore. ian's family survived but others didn't. this trip was organised to rally the torn town together.(

in london, 11 a.m. in new york. "bloomberg markets." welcome tjoin us -- i am mark barton's, and joining us is nejra cehic. we had 30 minutes left in our equity session. the requested out is our european stocks going to continue their 2016 slide? almost $3 trillion of value has disappeared this year from global equities. kasper rorsted least to join adidas. adidas jumping on that news. >> mark, we are in correction territory. a flurry of activity to try and pull the core back. it is a periphery where the real pain is in the italian banks. nonperforming loans rise to hundred billion euros. that is the pressure point. there is no bad bank in italy. mine is about 40% higher than the past 30 days. volatility is rising to levels you haven't seen since last september. it all comes down to this, positioning in terms of commodities. and that has the effect -- and the effects it has in the banking industry. the ruble trades at a dollars $.79. -- $1.79. they say that intervention is small. who wants to fight the right of oil? we are seeing -- a r

in london. counting down to the european open china with state-controlled funds after the billion-dollar market route. vw sued. carmaker faces penalties after a u.s. justice department lawsuit. data setone inflation to show how far the ecb is from making its targets. we should call it the calm after the market storm. the protection team getting to work early in 2016. guy: how good a job do you think they did? they managed to stabilize it, i guess but it shows you that they threw a lot of the market today and it still finished softer. in china remains incredibly fragile from a sentiment point of view. jon: we don't know what the counterfactual is. several things back in august where you got slammed 7% slammed again. if you are an investor in china and see the market down 7% you think, what does this mean for me? the policy response is more indicative. that is a big concern. when you're down 7% and wake up and get the state backed fund to work, it is the response from the chinese authorities that

let's get the latest from neave barker who is in london. this is an incident that occurred 10 years ago what, do we know now that we didn't know before. >> the inquiry led us to the doors where it didn't before. in respect to that. andrei lugovoy and dmitri kovtun, the two former agents should be seen as implicated and responsible for the poisoning with plutonium 210. but the biggest surprise finding is the believe that vladimir putin, the russian president himself, along with nikolai patrushev, the head of the security service, the f.s.b. may be possible for sanctioning the report. the report goes into details about the relationship between alexander litvinenko and vladimir putin. there's thought to be an antagonism between the two men, dating back to 1998, their only meeting. >> alexander litvinenko was accused of paedophilia. there's suggestion that anyone that spoke out against the russian apartment bombings ended up dead. alexander litvinenko was one of them. it's been a long road for alexander litvinenko's family, earlier on, marino,

this is al jazeera live from london. china endures its slowest growth in 25 years. >>> eni can't set up it's operation against al-shabab fighters and questions the number of soldiers who have been killed. >>> diversity deficit spike lee boycotts the oscars saying it's a lily white awards show. >> the full scale of recent violence in iraq has been described as staggering, isil is largely responsible for the deaths of 18,000 civilians in iraq between the start of 2014 and october 2015. it says isil is also holding 3.5000 people as slaves, and 3.2 million people have been displaced over the past two years. >> a new u.n. report points to the staggering number of civilian lives lost because of the crises in this country. the latest u.n. report points to approximately 19,000 civilian who is have lost their lives between january and october of 2015 because of the conflicts throughout this country now the internally displaced people in iraq 1 million are children. it's a dire humanitarian crisis that has been worse. not only bec

king traveled to london. on december 7th, 1964, dr. king gave a eech sponsored by the british group christian action about the civil rights struggle in the united states, as well as the anti-apartheid movement in south africa. the speech was recorded by saul bernstein, who was working as the european correspondent for pacifica radio. bernstein's recording was recently discovered by brian deshazor, director of the pacifica radio archives. this is that address by dr. martin luther king jr. rev. martin luther king jr.: i want to talk with you mainly about our struggle in the united states and, before taking my seat, talk about some of the larger struggles in the whole world and some of the more difficult struggles in places like south africa. but there is a desperate, poignant question on the lips of people all over our country and all over the world. i get it almost everywhere i go and almost every press conference. it is a question of whether we are making any real progress in the struggle to make racial justice a reality in the united

we take you from london to dallas. let's talk about a few points about oil that if you are talking about. few are talking about. nobody is talking about demand. what do you mean by that? talking about demand, but there seems to be this common wisdom out there that a low oil price will be a big stick was for oil demand. -- stimulus for oil demand. in houston orting washington or london come a little oil price would seem to make you want to drive more. if you are sitting in nigeria or russia or the middle east or s are aerica, oil price negative because they are growth weivers of the saw from 2004-2014. we are seeing the positive feedback loop coming into rivers. -- reverse. betty: where does that leave oil? >> in trouble. over the past couple of weeks, oil keeps flirting with self $30 but it will not commit. ub $30 but it will not commit. you will have 300 million barrels a day of refining going off-line for maintenance. it will be hard to see how crude does not ultimately submit in the near future. betty: a to handle.

in london -- in new york and 7:00 p.m. in london.o not miss our fed special. ♪ betty: welcome back. i am ready luke. let's get a check on how the markets are trading, which we are continuing to sink near our low of the session. tech, no surprise, and energy the big sectors reading lower. the dow jones at this moment is experiencing their 14th 100 day -- 100 point move of the a, so a big swing in the market. when the bonds of mexican phone record lowank to a in march, most investors ran .ast, but not bct securities when the note was tumbling, she argued that debt was worth the wait and now she is vindicated and they have returned 36 percent since then though inm march. now to joins us explain. the story was popular at bloomberg and also, once in a while, we like to highlight who makes the contrarian trade and how they won it. what made you stay with this company that was basically getting trashed in mexico? mariela: thank you. it is an honor to be here. we reason was because believed in the story parried it began with the reform. or 2

he saw him weeks ago in new york and joins me in lobd london.me to the program. >> thank you. >> tell me about the last time you saw him. so many people were shocked about this news. very few people knew he was so ill. >> the last time i saw him was the day after the musical i worked on with him opened, lazarus, and i went around to see him to talk about the musical. and also because i was going back to london, and to say good-b good-bye. and he was in -- he wasn't feeling particularly well. i knew that i only had a brief

manus: we have equity markets turning lower bar london.e a number of different voices saying how low can we go. the s&p can drop another 1650 by guggenheim and we have a protracted decline on the way in these markets. anna: there are other voices. manus: did you find the bull? anna: i did. equity prices dropping to this extent is not warranted. there are voices on both sides. don't forget, francine is going to be speaking to the ims managing director a little bit later on in the program. before that, let's get to the slopes of data loss -- davos. jon: we said it again and again, how detached the ceo's seem to be from the tone of financial markets. you have markets in their markets and nobody wants to say the word, bear markets. therepoint there -- hans: is a bear in these markets somewhere will stop something we see is that there is a great deal of talk about what is happening in global economy in terms of the fourth industrial revolution. nothing on this question facing europe which is what do you do with migration and refugees. is's engi