manus: i am manus cranny. these are today's top stories. point tos. futures gains. economists are calling a rate hike a done deal. trump against the world. the president draws laughter at the u.n. general assembly. what do markets make of his global grievances? nejra: surprise shakeup, banco santander -- they watched both banks at the open today. manus: let's get straight to our top political story. president trump's address to the u.n. we are joined by jodi schneider in hong kong. responses, and laughter was one of them in the auditorium. why? startedesident trump his speech in a very america first kind of way, almost like he was speaking to a campaign rally, and the laughter came after he said that he had accomplished more than perhaps any other president ever, so the were amused by that. they did not think that was the right tone to address them. he went on with his list of grievances, basically starting with iran and being very tough on iran, and then moving on to china on trade. some tough talk there. tough talk on venezuela. , youally said that opec know, had

manus: thank you very much.practical impression on the descriptive this morning. let's turn to our guest host. had of investment strategy at waves and investment management. when we talk to our asia correspondent, i love the language tom used. crystallizing the gulf between the u.s. and china. i think the markets are realizing the visceral rhetoric, steel is down, iron ore is down, copper is down in london. are we beginning to get a bit of a reality check in regards to what could come to bear on markets? >> obviously that seems to indeed have come to bear. copper had a good week last week. these things go a little bit in roundabouts. part of the problem is the actual level of tariffs imposed on chinese imports to the united states, it sounds like big numbers. it's going to produce tax revenue of about $25 billion all of the things being equal. that is about one third of their federal tax revenue. it is about 0.1% of u.s. gdp. the actual tariffs i'm not convinced are disruptive enough to derail what looks to be a

manus? manus: please, go ahead. i was going to follow up on the comment, and one of the follow-ups was the polarization within the populace. it wasn't the direct cause of the polarization that has taken place, but it really added to it because you have conditions in place. the financial crisis really created a greater wealth gap because the monetary policy actions that took place to stabilize the economy's resulted in asset inflation, and that benefited the top wealthier portion of the populace. and the recovery, which was very slow, was slow among the less educated and it was within that component of the labor markets. manus: steve, hold those thoughts. you're going to stay with us a little more. sony, thank you so much for your thoughts this morning. more to come on the markets, waking up to new threats on tariffs in china. ♪ xfinity mobile is a new wireless network designed to save you money. whether you use your phone to get fit. to find meaningful, thoughtful, slightly-weird gifts. or just to know which way you

manus: thank you very much. the very latest on the markets. it is a big week for trade wars between the u.s. and china. washington's public consultation period over proposed additional tariffs of $200 billion on chinese imports ends on thursday. bloomberg understands president trump may order new tariffs as soon as this week. there were bigger than expected declines in the manufacturing pmi. this would suggest growth in exports sectors of the chinese economy will continue to lose momentum. joining us now is our chief asia economics correspondent. is good to see you this morning. i can make use -- make this sound very dramatic. diverting from the main bar. in my overly embellishing the downside of this story? should the risks be taken seriously? >> maybe all of the above. you are right in terms of not reading too much into what's happening. broadly speaking, the data is flowing down. drive tots an internal curb debt rather than the trade war affect. still, the caixin pmi is down because the export orders continue

manus?: just to recap for anybody who is just tuning in, the ceo koos timmermans will step down at ing after money laundering probe. a fine of $900 million last week. we will talk later on through that particular story. what are the other shortcomings within ing? many voices, systems looking at money laundering. we put it all in context shortly. this is bloomberg. ♪ >> good morning from dubai. live from bloomberg's european headquarters in the city of london. these are today's top stories. manus: asian stocks at a 14 day low. goldman sachs is there may be more pain for currencies. russia and china demonstrate their unity. militaryear -- a joint exercise in vladivostok. say a deal istors achievable. in the next few weeks. michel barnier warns there are still three areas of disconnect. manus: -- nejra: it's just hit 7:00 a.m. in london. some news we got in the last hour on ing. the ceo will step down. this is following a money laundering settlement. in last agreed to settle dutch investigation

manus: thank you very much.the chief asia correspondent for the latest nuances on the tray discussion. joining us now is the portfolio manager -- he joins us now. when you listen to what we have just outlined, when you see the demolition taking place in the china stock market, the hang seng entering a bear market, is europe weathering the trade fall better than you might think? >> for now the european authorities have certainly when it comes to the u.s. done a much better job in the escalating deescalatingr -- this trade war. , who is focused on china have run protectionist policies in their own countries. which is less true in europe. >> european equities fell out of favor with global investors. we have seen the inflow come back. when you look at the global equities aropean favorable place to put your money compared to the u.s. or asia? to avoid that question. it is very difficult to say from the bottom-up investor where europe is the right place to put your money. i think within europe there are a number of go

manus: thank you. you a quick check on the markets. asian equity markets are played this morning. there is -- prickly this mor ning.there is not enough news coming through on the betrayed side -- on the trade side. asian equities are down for the fourth day. --e shanghai cop as it 00 composite said, in tehe long-term on the chinese markets -- it would be more on a longer term view. keep an eye on all of these auto stocks as well. they will be very important. his carney is going to have chance to put speculation about his future as the bank of england governor to rest when he faces lawmakers. he is in talks if you will go beyond his planned departure date of june of next year. that is according to reports from the bbc. joining us is the president of the peterson institute and a former member of the bank of england. good to see you this morning. prevarication over mark carney's future. would it be good if we had continuity? >> thank you. the issue is not actually about mark carney. there is always this t

manus: i am manus cranny live from -- this is bloomberg. europe. these are today's top stories. anna: asian stocks had toward a one year low. how much further that he m woes have to go. the yen's the four-day losing streak on the dollar weakened amid concern that trouble of -- impose additional tariffs on china. sterling faults on the threat to go hard on russia over the poisoning. it is bouncing back as the u.k. in germany are set to drop a key brexit demand. ♪ anna: this is "bloomberg daybreak: europe." we have got the sector inference in focus. revenue, they are delivering about 1100 engines in 2018 for defense. they are raising the 2018 organic revenue growth to 7% or 9%. a fairlyo be substantial organic revenue growth upgrade. free cash flow above 50% adjusted recurring operating income. they are giving us this upgrade to guidance. they are factoring in the zodiac. for revenue, recuperating operating income, and castle excluding the zodiac contribution -- excluding the zodiac contribution. that the same to be a fairly positive story from saffron over in france. safran over

manus: we will hear more. if trump has anything to do with it, it might be -- if we're going to see a turnaround in the curve, take us through that. where did tens go to? rise, we a december certainly get a number -- another couple in march and june next year. the pivot point is the 10 year past. years, noook at 10 reason it can't be 3.5% by the end of this year. nejra: given what you have said, the markets might be underpricing how fast and how many rate hikes we get, should we be reading more into the removal of accommodative being suggested in the commentary and jay powell's press conference? >> absolutely. accommodative was a way of doing forward guidance. that was the part of the fed statement this time. effectively they have dropped this idea of forward guidance. saying rates are going to be low for a long. of time -- a long period of time. it means the fed our data dependent and data is good. nejra: why does it matter they dropped it when they are not agreed on where neutral is? >> let's see where neutr

manus: this is "bloomberg daybreak: europe." nejra: one hour into new tariffs, neither side blinks as beijing calls off trade talks. markets in china, korea, and taiwan are closed. manus: two of the world's biggest lawyer -- oil traders expecting to $100 a barrel by 2019. nejra: comcast muscles outfox first guy. what will fox do with its stake? -- muscles out fox for sky. what will fox do with its stake? manus: the calls are getting louder. let's get more on that meeting of opec and its allies. annmarie hordern is on the ground. >> good morning. we could see once oil opened, it opened 1.4% higher, trading under $80 a barrel and not even , theurs after the meeting ministers met here in algeria, saying theytraders could see oil spiked to $100 a barrel by 2019. this is as tensions from iran hit in november. opec stopped short of giving exactly details on how much they would supply to the market. they say they will reach demand and do whatever it takes. signaling there is enough oil in the market right now. it will be interesting to

she met with kavanaugh, as manu's talking about.ards she said that he told her it's settled law, roe v. wade. what exactly, i do wonder, what does that mean for a justice? i mean, at the very least does it mean that collins is a yes? >> well, nothing's ever settled in the united states senate, as all of us have spent a fair amount of time up there, until the vote's actually cast. we don't know. she hasn't necessarily said which way she's going to vote, other than as manu points out, she seems to be leaning towards voting for brett kavanaugh. if that happens and lisa murkowski votes for him as well, it's over, they have enough votes in the senate. the republican senators have a nice clean, easy win. mitch mcconnell does, donald trump does. but let's also take into consideration, you have a lot of red state democrats that are up for re-election this year. when i say a lot, anything more than one is a lot. they are defending themselves in indiana, north dakota, west virginia. if you look at those states, those states are a lot differen

cnn's manu raju has that and he joins us now by phone. manu, take it away. what's going on? >> reporter: that's right. i've obtained a letter from the american bar association's president, robert karlsson, who writes the leadership of the senate judiciary committee tonight that they should delay final consideration on brett kavanaugh's nomination to the supreme court until after an fbi investigation is completed into the allegations raised by christine blasey ford. this is unusual. the group doesn't usually weigh in in situations like this. they have given kavanaugh a unanimous well-qualified rating. and he himself touted at today's hearing. but in a very strongly worded letter they say the basic principles that underscore the senate constitutional duty of advice and consent require nothing less than an examination of the facts by the fbi. and they warn pretty dramatically here. they say, deciding to proceed without an investigation will not only have a lasting impact on the nomination but it would create distrust the american people have in the supreme court. this decision,

let's go to manu raju. what's the latest? what are you hearing?

for more on the developments, manu ra u raju is in washington. >> reporter: republicans were confident that they had the votes to quickly confirm brett kavanaugh to the supreme court,

manu, it's been a fascinating change in the white house strategy here. yesterday our reporters were saying the white house was going to go hard, possibly, after the accuser. and you saw some of that, using this child-like letter here to diminish and dismiss ms. ford's accusation. >> right. saying hi, cindy, will you be my girlfriend, yes or no, love bret. >> a couple of republicans coming out saying, listen, we have to hear from this woman, flake, murkowski, red state democrat in doug jones as well. >> no question about it. if the white house and the president began to aggressively attack this accuser, you'll see handful of democrats to push back and that may be enough to deter collins or murkowski for voting for kavanaugh ultimately. allow her to have her testimony heard, probably the one thing they'll have to do at the moment because it's still a very difficult. they'll have to walk the next day or so to hear her testimony, make sure that they don't overreach and discredit her and still want to move forward by this nomination by a thursday vote on the

manu, what happened? he was obviously berated by these two women who were screaming at him. what happened to them? >> he came back and he was visibly shaken by that moment and by his decision to support the nomination. he said for days how difficult this was and how he was torn. that's what he said last night after the hearing. when he was in the hearing room, i was watching him and he was looking down and frowning a lot. he was not in a good mood at all and he left a couple of times and as i left for the extended president to wait for chris coops to have a discussion privately about what was perhaps going through his head. undoubtedly this had an impact on him. there were protesters all throughout the halls of the senate office buildings. often times the republican senators are getting crowded at as they are walking from office to office. a level of anti-pathy for senators who are torn. republican and democratic senators uncertain how they may ultimately vote. we will see if there is change for jeff flake. we are not getting that indication, but we will see in a matter of m

manu, thank you.ve been talking, i've been handed this letter that i presume, this is from debora katz, who is the attorney for professor ford, presumed sending it to some folks up on capitol hill. let me just read you part of this. and gloria borger, i want to bring you into this conversation. so this is this e-mail from the lawyer, "i would like to set up a call with you later today to discuss the conditions under which dr. christine blasey ford would be prepared to testify next week. she's been receiving death threats, which have been reported to the fbi, she's been forced out of her home, her family is forced out of the home." it says this, gloria, "she wishes to testify, provided that we can agree on terms that are fair and which ensure her safety." again, this is what manu is alluding to. they're saying monday is a no-go. they feel like that date is arbitrary. dr. ford wants to let you know that she appreciates the various options that mr. grassley has put forth. she would still like a full inve

let's dig in deeper with manu raju. manu, just a reminder. here's what trump tweeted today. quoting here. two long-running obama era investigations of two very popular republican congressmen were brought to a well-publicized charge just ahead of the midterms by the jeff sessions justice department. two easy wins now in doubt because there is not enough time. good job jeff. of course, very sarcastically there. seemed to be blaming sessions for the justice department indii indicting two house republicans on serious financial crimes. >> remarkable comment. coming in the wake of his repeated attacks against jeff sessions who, of course, recused himself from overseeing the russia probe because of the role in the trump campaign and now trump seems to be demanding more loyally from the justice department this time to protect the house republican majority saying sessions should have prevented collins and hunter from being indicted simply because they're republicans and the opposite of the justice department policy. which actually says this. prosecutors may never select the timing of

let's begin with manu just went over the he democratic attack. ariane, how do you expect judge kavanaugh to handle those issues and avoid pitfalls in the coming days? >> what is interesting is the whole abortion debate here, right? because he could very well be the fifth vote to overturn roe or cripple or weaken it. he never said how he is going to vote on roe v. wade. his court actually did have a case where the court ruled in favor of an undocumented teen who sought an abortion and he defends it. he also said in the that is that antonin scalia and former chief justice rehnquist were role models. nobody really knows how he is going to vote. what the democrats are going to seize on is the fact that susan collins, she's a republican, she believes in abortion rights, she came out of her meeting with him and said look, hey, he said roe v. wade is settled law. but that doesn't mean anything. because every lower court judge has to do what the supreme court says. once you become a justice, you don't have to. you can vote to unsettle it. that's what the

cnn senior congressional correspondent, manu raju, joins us now.new texts show? i suppose, what do they not show, as well? >> well, congressman mark meadows got these new texts ask sent a letter to rod rosenstein, raising concerns this perhaps could be a coordinated effort by lisa page and peter strzok to undermine the trump presidency, because these texts he received came in the early part of the new administration last year. one of these texts said that peter strzok to lisa page, says i want to talk to you about media leak strategy with doj. and another text that meadows cites talks about two articles that are about to come out about her namesake, and it appears to be a reference to carter page, the trump former policy adviser. and there is a "washington post" story that came out soon after that suggested that page himself was being monitored by the fbi. now, this all got president trump riled up. he tweeted this morning, new strzok/page texts reveal leak strategy. so sad nothing being done at the doj or fbi, but the world is watching and they ge

manu raju, what is going on?tained from robert karlsson, who writes the leadership of the judiciary committee today that they should delay final consideration on brett kavanaugh's nomination until after an fbi investigation is completed, in the allegations raised by christine blasey ford. they have given kavanaugh a well-qualified rating. and he himself touted at today's hearing. but in a very strongly worded letter, they say the basic principles that underscore the senate constitutional duty of advice and consent, require nothing less but an expectation of the facts by the fbi. and they warn pretty dramatically here. they say, deciding to proceed, will not only have a lasting impact of the nomination but it would create distrust the american people have in the supreme court. this decision, mostly a democrats' position, that they took all day today, became public, demanding an fbi probe. that's something the republicans have rejected, saying it's not necessary. they are saying, we're going to vote in committee on

manu, when's the latest on whether the hearing will happen on monday? sounds like there are now doubts. >> reporter: there are doubts, jim. this is a very fluid situation all day long. republicans have been debating how to deal with this. and at the moment, they do plan to have this monday hearing. telling her that she can attend either a public or private session but the republicans have no appetite to delay this any further even as democrats are demanding to reopen the fbi probe and background check before any public hearing, something the president himself has rejected and republican leaders also are rejecting. senator mitch mcconnell, majority leader, made it clear to testify publicly or privately and they plan to move forward no matter what. >> she's been asking for the opportunity to be heard. and she's going to be given the opportunity to be heard on monday. as senator cornyn pointed out, privately if she prefers or publicly if she prefers. monday is her opportunity. >> if she is not going to be part of the hearing, i think that that would be a v

manu raju also has some new information and i do as well. that professor ford really doesn't want to be questioned by outside counsel. we were talking about that earlier. and she would like senators to question her instead. she doesn't want it to turn into some kind of trial where she's being questioned by an attorney like that. and that she does not want to testify in the same room as judge kavanaugh. she doesn't want to be in the same room with him at the same time. and that -- and manu is also reporting that she wants the committee to subpoena mark judge and these other alleged witnesses. and so those are just some new details we're both learning this evening. >> judge, what do you make of that? >> well, i mean, i think that the -- candidly, with all due respect to the senators, they're not as good questioners as a lawyer would be even though -- the senators who are lawyers are not as good questions as someone who's a litigator would be. i mean, that's an interesting choice. you wind up with less probing and more awkward questioning -- >>

manu, where do things stand right now? >> reporter: well, right now, republicans reluctantly agreed to delay a vote that was going to happen early next week to confirm judge brett kavanaugh, but after flake's dramatic announcement, the republican leaders agreed to allow for that one week time period for the fbi to investigate. now, what the fbi's going to investigate are, quoted, credible allegations against brett kavanaugh. it's unclear exactly how many of these accusers will be probed by the fbi, but the republican senators told me that that's for the fbi to determine. now, kate, the big question is, what if the fbi does not finish this investigation by the end of the next week? will the republican senators like jeff flake agree move forward? he told me just moments ago that he would -- he believes it will be done and at that point the senate should move forward. lisa murkowski, the alaska republican senator, would not go that far. she punted when i asked her d t directly about that issue, said we'll deal with it at that

cnn's manu raju is on capitol hill following all of the latest. where do things stand, and i guess i have to say, at this moment because things keep changing? >> things keep changing. one notable thing from the statement from ford's attorney last night is they did not close the door to testifying on monday. that is the expectation on capitol hill. it's still unclear if she will in fact testify. that's something that appears to still be on the table. so despite this back and forth, despite the concerns and criticism from the democrats and from ford's camp, there is still a possibility that that monday hearing will go forward. of course, chuck grassley setting a deadline by tomorrow morning to hear from ford or her attorneys about whether or not that hearing will in fact take place. now, this comes as republicans are feeling better about the kavanaugh nomination, if she were not to testify, in large part because some of the republican senators who have been concerned about these allegations want to hear from ford herself in this testimony. they're n

actually, that's manu's reporting.they have to choreograph these things, as you know, down to the minute or else, you know, everything can go awry. and clearly, in telling her story it would seem to me, reading between the lines on manu's reporting here, is that she wants to be able to tell her story as she recollects it and tell everything about it and tell how it has affected your -- her life. and so you know, usually in congressional hearings there are time limits about testimony. and i think this is one of the things she and her advisers have said. if she's going to do this and she's going to appear before congress and the world, she wants to be able to tell it all. >> david, we're learning also, the "washington post" is reporting that thursday is a potential date. >> that seems to be a fair compromise. it's good for senator grassley for moving in that direction. but having said that, it's going to be thursday, you know, there are several days now between now and thursday when they could be doing background investi

manu raju is up there on capitol hill. so what happens now? >> reporter: well, the question is ultimately how this will unfold, what jeff flake said -- >> hold on, hold on, let's listen to lindsey graham. >> i hope some congratulations will say if we do what jeff said, that will end the process dispute, a few of them. i don't expect any of them to vote for the guy but if we ask the fbi to look at what's in front of us, no later than a week, no longer than a week, they would say that would be a better process, that would be progress. just trying his best to bring the country together and vote the best way he knows how. i don't know if that's the agreement. i'll get back with you. >> do you expect senator mcconnell to honor this? >> do you think it would be a good idea if he did honor this? >> last time i looked, you need 50 votes. all i can say is right now what jeff is saying is -- makes sense to me. >> do you think that murkowski -- >> i don't know. i'm not speaking for mitch. i'm going to talk with jeff. somebody's going to explain this to t

we are getting this in from manu raju.ee chairman, chuck grassley just announced that the committee at their hearing on thursday morning when both judge kavanaugh and christine blasey ford, the professor will be testifying. they have decided that they will bring in an outside female counsel for the republicans to ask the questions and the 11 republican members will not directly ask questions of the two witnesses. they are not announcing the name of this outside counsel yet. do you think that's a good idea for the republicans to do that? >> i think the senate judiciary committee is in the best position to determine how they should best ask the questions and get the information they need to make the decision. >> this is a woman who has extensive experience in sex crimes prosecution. clearly the thought is that 11 men, all republican members of the committee are all men. no women. maybe it would be inappropriate or awkward for them to be asking tough questions of these two witness. >> again, i think the senate judiciary commi

manu raju. the year book is under scrutiny as he gets ready to answer the sexual assault allegation. let's bring in justice correspondent, jessica schnei r schneider. walk us through this. why is this important? >> this is the 1983 year book for the senior class. it does elude the heavy drinking culture at georgetown prep outside of d.c. in north bethesda, maryland. year book page is titled these funny guys and contains several questionable captions. do these guys beat their wives. this said prep parties raise question of legality. 100 kegs or bust. do these guys beat their wives. all signs there was a party culture at this school in the the early 80s. cnn saw this year book courtesy of a former student who wanted to stay a nononymous and said i was important to get this year book out to the public. >> the person who contacted me wanted to make sure all the information is available to the american people. it's not meant as an indictment or attack or the person who was accusing him. the only inte

let's begin with manu raju. a lot to take through with you. but first each side has also, in addition to knowing there will be these two witnesses, each side has turned over documents that they think help holster their case. let's begin with the affidavits, sworn statements, four of them, in an evidence to back up ford's account. >> that's right. these are documents turned over to the senate judiciary committee by people who have known ford for some time, including her husband who have said under the penalty of perjury that they were told by christine blasey ford about an incident involving sexual assault that occurred to her during her teens and even referenced a federal judge who had -- who is now a federal judge who had done this to you at the time this occurred. these discussions occurred before brett kavanaugh was nominated as a supreme court justice. now, in one example, for instance, one of her friends said that they had met in june of 2013. she said that according to them during their meeting, christine blasey ford had told this indivi

manu? >> dana, house democrats are not in the majority yet.the majority but they're planning as if they will take the majority in the fall. already i'm told the potential chairmen of key committees have been meeting and discussing how they would carry out investigations of the trump administration should they take the majority. they've had discussions with the house minority leader, nancy pelosi, who could be speaker if they take the house. nonetheless one of the big things they're trying to make sure they do not duplicate the investigations because there are several committees who are pushing very hard for -- looking to a variety of issues, from immigration to travel controversies to, of course, the russia investigation, that the democrats in the house believe was not carried out appropriately. expect those subpoenas to be flying in all sorts of directions. that's the biggest concern for the trump administration in the new potential democratic majority. democrats are divided over impeachment but investigations will be coming very aggressively

manus: you are watching the "best of bloomberg daybreak: middle east." i'm manus crowley. aramco's ipo is a no go for the time being. the giant is preparing to hit the debt market with its first international bond offer. moody's downgrades 20 turkish banks and warns the worst is yet to come for the economy. the -- the president rouhani suffered another setback, this time losing his finance minister. total's exit from iran may have given china opportunity to swoop in on some of the most coveted energy assets in the world.

manu in washington, thanks very much. for more on the kavanaugh confirmation hearings, what we can expect, what to look for, let's bring in our guests. >> gloria, if i could begin with you, justice kennedy was for years the crucial swing vote in this court between left and right conservative and more liberal justices. kavanaugh more cut from the traditional conservative cloth. is it correct to say that this turns the court to the right for many years to come? >> definitely. i mean, if he is confirmed, not only does it turn it to the right, it turns it to the far right. at this moment, justice clarence thomas is the most conservative justice on the court. however, when we talk about justice kennedy, there were things that he did with social justice, for example voting rights and others, that would make him a right-sided candidate. however, kavanaugh goes far right. his mentor is william rehnquist, who is the late chief justice of the supreme court. this is the rehnquist who when he was a law clerk would have upheld. this i

sergio ermotti speaking exclusively to manus cranny in london.ws, indonesia raises seven-day reverse repo rate to 5.5% -- to 7.5% from 5.5%. a great dealtalk for this decision was issued. stabilization measures will be continued. we have heard a lot about that previously. let's get to our top stories with annmarie hordern. the stock movers, you have a couple of italian stocks? annmarie: that is right. italian banks are under pressure. down 3% for unicredit. the other down more than 3%. there is some political pressure. finance minister threatened to resign, according to a newspaper. of the biggest gainers for the stoxx 600, up more than 10%. this is due to a one-off seen in the market. stock and trade that rose to 50%. if the market fails, they got a handle on how bad that infantry story -- inventory story got. thank you. let's bring in another great interview from bloomberg, the finance minister of the toherlands has only weeks bring back the brexit negotiations together. he says politicians should not be afraid of the populace. >> how are thing

manu raju is where it's happening. so talk to me about the meeting between key senators tonight. >> reporter: four key senators huddling behind closed doors. they'll hold the key in determining whether or not brett kavanaugh gets this seat. three republican senators, jeff flake, lisa murkowski, susan collins, and one democratic senator, joe manchin from west virginia, who faces a difficult re-election this year. immediately after the hearing, flake raced out of the hearing room. he is the one that sits on the judiciary committee. jeff flake refused to answer my questions about his views, saying we're going to talk about it. he went and talked about it with those three other key senators. they sat down and talked for about 15, 20 minutes about their views on this. joe manchin left that hearing room, emerged and answered reporters' questions, and he said, anderson, very significantly, people are undecided in that room. they had more questions they want answered. he said there are still concerns in that room. so at least

cnn's abby philip, jeff mason with reuters, david drucker, with the washington examiner, and cnn's manu raju. what have you been hearing? >> talking to senate democrats, they plan to hone in on four key areas in the questioning this week beginning on win. the four areas include untruthfulness, referring to specifically the 2004 and 2006 confirmation hearings when brett kavanaugh came before the senate judiciary committee. they believe he was not truthful in his testimony in some key areas, his involvement on some wire-tapping issues as well as detainee policy as well as three federal judgeships. they say he was more involved than he let on during that testimony. also the affordable care act. there's that very controversial texas case going through the courts right now. he may have a chance to rule on that, and that could ultimately undercut the aca, pre-existing conditions in particular. the democrats are concerned he may strike that down. also on executive powers, as joan just mentioned, how he views investigations of a sitting president. also on roe. they believe i had private comment

manu raju on capitol hill, thank you. president trump has now ordered an fbi probe into the kavanaugh allegations. let's go to our chief white house correspondent, jim acosta. so jim, what's the latest over there? >> reporter: that's right, wolf. a statement just came in a few moments ago from the president, ordering this supplemental investigation into judge brett kavanaugh's background. we can put up this statement from the president on screen. it says, i've ordered the fbi to conduct a supplemental investigation to update judge kavanaugh's file as the senate has requested. this update must be limited in scope, and completed in less than one week. wolf, a source close to this process just told me a few moments ago that the parameters of this supplemental fbi investigation will be determined by the fbi. so it's going to be the fbi that determines the scope of all of this. but as we have heard all afternoon, this is going to be a short-term process. the republicans have said they want this done within a week. and that app

manu, you can be sure a lot of folks are not reacting yet because they don't know what they're goingthis potential has been a topic of conversation for months on capitol hill. >> yeah, no question about it. republicans have actually been urging the president not to take this step of firing rod rosenstein even after that "new york times" report from friday, saying that doing so right now would cause a major distraction for the party heading into the midterms. something they actually cannot ford as they struggle to hold on to the house and potentially even the senate. a message that has been delivered by the president's close confidantes over the last several days and also quite publicly for several weeks and months as the president unleashed his anger to rod rosenstein, saying doing that could suggest that perhaps the president, the white house, are trying to meddle in some way with the mueller investigation, which of course, rod rosenstein oversees. now, again, we don't know exactly whether rod rosenstein is going to be fired. we were reporting he's expected to be fired or he's actua

manu raju is "outfront" with me right now. manu, what are the actual facts here?ssman meadows did receive a batch of new texts as part of the republican-led effort in the house to look into fbi actions that occurred in 2016 and beyond, and meadows seized on several texts, two of which he highlighted in the letter, and one text from april 10, 2017, between peter strzok and lisa page, says to her, i want to talk to you about media leak strategy with doj. now he also texted lisa page about articles involving her, quote, name sake and that appears to be a reference to carter page, that former trump foreign policy adviser, who of course was surveilled in 2016, late 2016. now, what that all prompted the president to tweet this morning, but it also prompted peter strzok's attorney to push back, actually saying this is not what congressman meadows or the president are suggesting, saying to there's nothing nefarious here, that the attorney said the term media leak strategy refers to a department-wide initiative to detect and stop leaks to the media and a source close to li

thank you, manu. >>> let's talk about all this. our legal analyst shan wu is here, alice stewart joins us and john avlon. shan, to you, let's listen to jane mare, who co-authored this "new yorker" piece on debbie ramirez with ronan farrow, talking on cbs this morning about the claims of political motivation here. listen to what she said. >> i also interviewed a woman who judge kavanaugh wanted us to talk to, as someone who would defend him. i asked her outright, she knows deborah ramirez. i said do you think politics was a motivation? she said to me, no, and she's kavanaugh's defender. nobody is really alleging politics was the motivation here. >> shan wu, aside from the president and the white house. shan, can you hear us? he can't hear. all right, just your take on what we heard. >> i think it's important to know that people are saying there's a lack of corroboration. a lack of corroboration does not consist of finding people who know nothing of the allegation asking them about it and they say i don't know anything. that's not th

sergiothat was ubs ceo ermotti speaking to manus cranny. dixon, global equities economist, commerzbank is still with us. people are saying, are we going to see more deals? do you see more consolidation in the european banking industry? peter: at some point it is inevitable. remains a fragmented business. we have not got enough scale among the players out there. companies ors banks have found it difficult to realize synergies. the requirement former consolidation, the weakness among the bigger players to do so is limited. nejra: are the markets underestimating more european integration in terms of banking union, but also fiscal integration? peter: the markets are pretty much aware of where we are. they realize something that will happen in the longer term, but at the moment is not on their radar. with regard to fiscal integration, that is something we have been talking about for years. emmanuel macron put together a proposal last year with regards to making moves. it has been difficult to drive pen-european solutions forward uropean solution

manus spoke to a ceo. on launchingcused the directives market.ures being traded on the first half of 2019, comp lamented with the traded index. manus: saudi arabia is in a hurry. how much will this bolster business? khalid: we believe we have lost in the previous years. we want to make sure we are competing regionally and internationally. we are the largest exchange in the middle east. we're the largest economy as well. we think we have the infrastructure for investors. we anticipate for the volume to become -- manus: the big news is around this aramco. what is the impact on sentiment in the market if the aramco ipo is delayed? khalid: as an exchange, we continue to proceed as planned. today's announcement is just a reflection of that. aramco would be an addition. believe, as one of the largest emerging markets in the world, one of the top 25 exchanges in the world, we have the right environment for success. we will continue to develop markets. aramco will be in addition to a we have. manus: you hope the aramco will come to market? khalid: we are

let's go to manu raju. what's the latest? what are you hearing? one thing they discussed is christine blasey ford did not want to testify about on monday, there will not be a monday hearing. she proposed that brett kavanaugh would testify first and she would go second. they want to come back and say they want kavanaugh to go first and whether or not outside counsel would be allowed to question both ford and kavanaugh at that hearing. republicans were concerned about the optics of having 11 men on the panel question ford. they thought about bringing in a female to question her. republicans are discussing that as a possibility. two sources that told them that was part of the things they were discussing, bringing in outside counsel to come forward. it's unclear if that's what the republicans are going to propose. there will be a formal proposal later today. democrats are rejecting the notion of any outside counsel questioning ford and kavanaugh. one senior democratic aide said republicans need to do the questioning. that appears to be one area of neg

manu, on capitol hill, clearly, have you some differences there. >> that said, the two sides are talkingis it correct to say they seem to be moving closer to an agreement about testimony last week? >> reporter: i think it's likely they could reach an agreement the really only red line the ford camp drew last night was monday's hearing, they did not want to do this monday. also, they want to make it very clear that she would not be in the same room as brett kavanaugh at the same time and to ensure that her safety was taken, accounted for, there was really about it in terms of red lines that the ford camp drew. they did raise other issues that she referred to, jim, including ensuring that kavanaugh testifies first, was asking if that was a possibility and into subpoenaing other outside witnesses like mark judge, the alleged witness of this incident that occurred in the early 1980s. those types of issues were more asked than they were demand. so the republicans clearly are not going to go for that. so the question is, where do they go from here? one of the things in an e-mail we have seen f

let's bring in manu and kate rin c collins. what are you lawyering about whether or not ford will be willing to testify? >> both sides expect that it's possible that she could very welcome on monday. both sides, republicans and democrats will tell you they don't know exactly what will happen before chuck grassley's friday deadline for her attorneys to respond to that offer to testify on monday. but one thing is very clear. republicans are rejecting the demands by democrats and ford's attorneys to set some conditions or limits or delay the hearing on monday. one of the things that ford's attorneys raise last night was to bring in outside witnesses to testify and corroborate her story and allow the senators to assess what she is saying, but i spoke to senator john cornyn, the majority whip who sits on the senate judiciary committee, he said they would not allow ounce witnesses to come in. in his words, he said we already had a hearing and when i asked about outside witnesses, he said that's what i call the regular process to acco

manu r m this is a difficult situation in which you now have a person who's willing to take a risk, the statement is signed, i declare under personal si of perjury, the foregoing statement. it can say this, but the question is was it actually done in the presence of someone under oath. you take this at its face value. republicans are going to say this is michael avenatti, an avowed trump critic. so there is an easy partisan reflex because of her lawyer. but what do they do with a woman who has served the united states government as an employee, with security clearances th s who's to put her name on this on the eve of this hearing. >> one of the things we have seen throughout this entire me too movement, is that accusations that start out as a single, a solitary accusation against, you know, against a mariman in power, often don't pick up the kind of steam that ultimately forces action until there is a second allegation and a third allegation and beyond. and that's what creates often the kind of overwhelming pressure that forces some action. and in this case the action would likely be at

manu, great job as always. you very much. >>> coming up here on skrn wicn all the drama unfolding with brett kavanaugh and deputy attorney general rod rosenstein, president trump teases a second summit with north korea's kim jong-un is close. we'll discuss that coming up next. oints. but do you take something for your brain. with an ingredient originally discovered in jellyfish, prevagen has been shown in clinical trials to improve short-term memory. prevagen. healthier brain. better life. >>> president trump today at the u.n. announcing a second summit with north korea and kim jong-un is close. let's discuss. michelle kosinski, cnn senior diplomatic correspondent, as is nic robertson. a plus to see both of you in the flesh. to you first, sir. he says it's close. >> and he says -- >> progress. >> and he says president moon has told him kim jong-un really thinks president trump is the guy who can make this happen. in president trump's mind, it seems clear, the meeting should happen, even if there isn't an agreem

that brings us to manu raju. will we get to a quick vote this morning or will senators be allowed to speak again? >> i expect a very contentious session when this opening up in a matter of minutes here, jim and poppy. the members will get a chance to speak, to voice their concerns on the democratic side and the republican sides to push back rather aggressively. what we're going to see are the direct engagement from senators going back and forth over this nomination. but intensely, the focus will be on one senator, jeff flake, the arizona republican senator who is legitimately the only undeclared senator on this committee who is one senator we don't know which way he will go. he came out of the hearing yesterday, said he was torn. he was concerned. he heard testimony from both sides that he viewed was credible. he said he was having a hard time judging exactly the standard on which to ultimately make his vote, and he said that he had to think about this even further. after that meeting, jeff flake met with three o

thank you, manu. really appreciate it.feeling this is not the end of it. >>> coming up for us, as hurricane florence churns toward the east coast, threatening millions of people, new updates are coming in on when exactly it will hit and how much damage it could cause. that is next. to get your windshield fixed. >> teacher: let's turn in your science papers. >> tech vo: this teacher always puts her students first. >> student: i did mine on volcanoes. >> teacher: you did?! oh, i can't wait to read it. >> tech vo: so when she had auto glass damage... she chose safelite. with safelite, she could see exactly when we'd be there. >> teacher: you must be pascal. >> tech: yes ma'am. >> tech vo: saving her time... [honk, honk] >> kids: bye! >> tech vo: ...so she can save the science project. >> kids: whoa! >> kids vo: ♪ safelite repair, safelite replace ♪ if you're waiting patiently for a liver transplant, it could cost you your life. it's time to get out of line with upmc. at upmc, living-donor transplants put you first. so you don

that brings us to manu raju on capitol hill. with this new request for more witnesses and also still waiting to answer whether she's going to take this opportunity to testify, has that shifted the dynamics on capitol hill? >> undoubtedly yes. more towards the republicans. brett kavanaugh seems to be on safer ground to get confirmed if she does not testify. that because a number of republicans who have been concerned about these allegations and suggested perhaps they believe she's credible, that they would now vote for judge brett kavanaugh. if she doesn't show up on monday, they may end upsiding with brett kavanaugh as republicans try to push for a final vote. one key senator yesterday, senator suzanne collins, one of the two republican senators in particular we have been looking at very, very closely, yesterday she said she was very concerned about the possibility of there being no hearing and said that's not fair for judge brett kavanaugh. >> i think it's not fair to judge brett kavanaugh for her not to come forward and testif