let's get a first word news update with debra mao karen debra: -- debra mao. years before goldman sachs arranged the bond deals now at the heart of a global corruption scandal, lloyd blankfein personally helped forge ties with malaysia and its new sovereign wealth fund of according to people with knowledge of the matter. both solomon and his predecessor have said the scandal was the work of a few rogue employees. goldman said it believes the proceeds from the debt sale or for a development project. a spokesman declined to comment. set for its longest stretch of declines on record after entering a bear market with investors awaiting a weekend -- meeting of opec and allies. futures in new york are slipping for a 10th day, extending a dramatic plunge that had prices down over 20% in five weeks. the oil slump has been exacerbated by a u.s. decision to allow eight countries to continue importing from iran. producer nations will weigh possible output cuts when they meet in abu dhabi sunday. the owner of an irish stock exchange wants to move to brexit -- brussels aft

with debra mao. thank you. the u.k.nd the european union have agreed to the final part of their brexit deal. they set out a vision for close economic ties. as investorsged saw one of the final stages of negotiations fall into place. challenge is to convince a parliament to back it in a vote. >> i will return to brussels for further meetings with president will talk about how to bring this to a conclusion. the british people want this to be settled. they want a good deal that sets us on course for a brighter future. that is within our grasp. >> renault and nissan have reiterated its work with their alliance. there is strong backing for what they call a winning cooperation. stabilizing the current structure is the best way forward. dismiss ghosn. >> we had a long exchange about as an enterprise. what is interesting is the preservation of the alliance. the group is going through turbulence and that should not be allowed to destabilize the alliance and threaten jobs. held a meeting with a malaysian financier. that follows a

debra mao joining us in hong kong. be facing scrutiny over involvement with malaysia's 1mdb. reports the fed is stepping up investigations that some in -- executive dodge controls all helping 1mdb raise billions that went missing. in europe, pressure piles on deutsche bank. in as been embroiled program related to the panama papers days after being drawn deeper into a scandal at don skin bank. -- danske bank. our managing editor for finance and investing joins us now. good to have you with us. what does this mean? that the fed is stepping up investigations? >> according to people familiar, the bank has pinned the alleged wrongdoing to the former head of the southeast asia business who has pleaded guilty. to hear mores want about in the coming weeks and months is, does the net widening and how much of a cost will this be to goldman in the financial ofts and reputational cost these potential allegations and how this translates into business it needs to win across the world? matt: i want to know where is joe hiding. let's

debra mao has that in hong kong.noble group has one a couple of weeks of reading room. -- breathing room. they extended their deadline. authorities in singapore extended a waiver allowing the extension. the plan was thought into jeopardy when the country announced a three agency probe into its accounts. british airways owner iag is preparing a bid for flybe according to the telegraph. this would pit them against a virgin a land -- virgin atlantic. the process would be the latest move in the ongoing rivalry between iag and virgin. financier joe's presence at a board meeting was erased from an official report. the auditor general says it was done at the request of the former prime minister. it happened before the report was presented to a committee in 2016. the malaysian anticorruption division said it started an investigation into the matter. that's your bloomberg business flash. nissan is preparing for a battle of control over their partnership. after the ceo reportedly called the alliance unequal. bruno le maire sai

here is debra mao in hong kong. attorney general jeff sessions has resigned at the request of president trump after becoming a target of the president open contempt for ceding control of the rush investigation. sessions will be temporarily succeeded by justice department chief of staff matt whitaker, a critic of the motor inquiry and now has the power to terminate .t or curve its scope chinese growth estimates has topped estimates in october. exports were up 15.6% from a year earlier, well ahead of economists forecast of growth of 11.7%. imports rose by 21% over the year. shipments from the u.s. inclined for the second month. to operatorsing around the world is provided the first clues about how bad data from an -- from a sensor might've contributed to the deadly crash of an indonesian airliner last week. statements by investigators suggest the pilots on the debt were battling the plane as the commuter when into a steep dive during its final moments of light. 189 people were killed during a crash as month. brexit is

anna: debra mao in hong kong.t rates unchanged at its last meaning, meaning a potential rate hike. the central bank said economic activity has been rising at a strong rate and job gains have been strong. the fomc said its outlook remains one of "gradual rate hikes." the dollar extended gains after the decision. joining us, the head of fx strategy at rbc investment management. us. to have you with let's talk about the dollar in the wake of the fomc. at one level, nothing really changed, but as one of my colleagues has been pointing out, it is what the fed didn't say. it is what didn't put them off course that is significant. the fact they weren't thrown off the rate hiking trajectory by market turmoil or fed criticism. did anything change for you last night? laura: i think the market expected it to be a nonevent and it really was the case that it was a nonevent. atkets, when we look expectations for future hikes, that was relatively unchanged. the fed have 275 for funds rate here, so limited change. were there any

debra mao as that in hong kong.l reserve officials have signaled a more flexible gradual on their interest-rate increases after a lightweight december hike. minutes they almost all participants agreed another rate increase was likely to be warranted fairly soon. they also said the language regarding expectations for further gradual increases may need to be modified at coming meetings. barclays says he is confident the bank will be about to continue doing everything it does today even if the u.k. crashes out of the european union without a deal. in an interview with bloomberg, he says barclays is ready for brexit, which is set to take place in less than four months. anwe have been hoping for organized separation, but we have been preparing for a very hard-won. whether it is contracts are capital, we are set up so comfortably ahead of march of next year if there is a hard brexit, we will be able to do tomorrow everything we were doing today with our client base across europe and the u.k. debra: first official gauge of

mao would have been interesting if we looked very closely at it. they were pushing for virtue that we will do it by spilling a lot of blood and the same thing with zarqawi. we thought that we could cover that and still be effective. as we look at those and try to get a balance, we spent more hours picking these leaders we almost got into fist fights with them and be honest, the one that i am still deeply bitter about was davy crockett. ian wanted to be crockett in ths book because i loved the show about him. what is the problem? i ask what is the problem. it's never simple. afghanistan has been at war for 30 years and they were already in conflict. there were a few things i would offer. first from afghanistan is not the first place that it was 9/ 9/11. they've been in for almost a generation and the number of young afghans in school has changed. now the reality we have to get off the stage because we are more in the way in afghanistan. 4.4 million afghans voted this week which is pretty impressive considering the situation. there's still corruption

anna: debra mao for us.g data across the bloomberg. 53.3%.lowing to the manufacturing number, 51.6%. you get the picture. things looking weaker than anticipated. the german composite falling, 2.2%. euroee the reaction in the this morning, giving up some of its earlier gains. at's talk a little bit about shopping phenomenon stateside, an emblem of opportunity and access. black friday is america's biggest shopping day, getting underway today. our reporter is here with the breakdown.she is american and she shops , so she is qualified. >> it is estimated the black friday alone will produce $23 billion in sales. while it once meant large crowds and stampedes, clicks are bricks.g brexit. -- a growing part of this is mobile commode retail chains investing heavily in those services. across the retail sector, mobile makes up 27% of online shopping. that is a strong trend. while everyone moves online with the choices seem unlimited, department stores have been better. this chart shows signs of a real apocalypse. retai

witness the other side, mao and north korea, for example.at. but all i'm saying is that with your research and many others who are giving us this new capacity to understand the power of dna, and genetic material. the capacity for employing that badness in the most dangerous dystopian directions is increased. or is it outweighed by the positive? i'm a cheerleader for this stuff because i see a lot of good coming from it. there are plenty of people with that view who have a dystopian view of it, but that is not necessarily the correct view. there's also very positive thing that can happen if we all had our polygenic scores. so is your recommendation for everybody watching this around the world and listening that they should, and it's about $100 now to get a readout, a map of your own dna, your own genome, are you recommending we should all do that to better understand ourselves? well, it's happening. 4 million people have paid the $100 to do that. but i think that's where a lot of problems come in. direct consumer testing. you could find out,

mao in hong kong, thank you. us for the rest of the show, the multi-strategy -- multi-asset strategist. let's start with talking about brexit. the updated everyone at the top of the hour. more than three standard deviation moves in sterling yesterday following the resignations and concerns around theresa may's position, whether it is tenable or not. ended the session flat, but you saw a big selloff in banks, in homebuilders. i know you have got a small overweight in the ftse 100, but are you standing ready to take opportunity with certain sectors? >> that is very difficult. when you look at assets, we can't ignore the brexit risk. extent, there were signs mid-cap, which are more domestic oriented, could do better in the medium-term but if you look at brexit, you would rather have exposure in large caps, the ftse 100 with a lot of revenue generated abroad. that.day, you saw just international companies making money abroad were quite resilient. mining companies, oil companies and you saw domestic ones during the se

mao in hong kong, thank you so much. goldman sachs and jpmorgan are sticking with forecast for the fed to hike interest rates five more times by the end of 2019. even as financial markets shudder. at goldman, the team acknowledge the recent rout in stocks but said that since 1994, the fed only response to stockmarket selloff that happen at the same time as widening credit spreads or growth significantly below potential. other investors or poor doubtful if the fed will be so aggressive. economist at morgan stanley among those who only see two hikes in 2019 after the december increase. john, great to see you as always. we will get to the fed in a second but i just want to reflect with you on the market selloff we've seen. we've seen it in equities and credit. meanwhile the ten-year treasury yield hasn't moved much. what are equity and credit investors seeing that bond investors are not? everything has essentially move back into line. see often the case when you a long rally going through correction. we do think it is a cor

debra mao in hong kong, thank you so much. the u.s.s refusing chinese capital in the european union is implement in a vetting process. as choosing thing visits spain and portugal, maria tadeo -- as xi jinping visits spain and portugal, maria tadeo -- the spanish government is rolling out the red carpet for china. we get to see a new deal signed by the end of the today visit. this has been a trend in the making for 10 years. china has a trade surplus with pretty much everyone in the european periphery. that is not unusual. this really does tell you a story in the making for a long time. the nature of some of these deals have raised concerns when it comes to the european union. the german government, they want to take more time to that deals -- vet deals. the reaction in the periphery is more friendly. it has become the number one destination for chinese investment in europe. looking more closely into some of these deals, at the start of the year we got orion securities with more than $1 billion still on the table. a proposed acquisition

here is debra mao in hong kong.ncertainty over the brexit split has left the city of london reeling from a new blow. the are moving the european market from short-term finance out of london to guarantee they can still use it after no yield brexit. before they took over the 240 billion dollar a day business from next group last week. it is the first example of a major financial market leaving the u.k. spain's largest bank has escaped the billions of euros in back taxes after the country's supreme court said they should not be liable for mortgage payments. the decision reverses a ruling last month that lender should put -- should split the bill for the tax. passed on tolly customers. it triggered a backlash on social media with an antiestablishment party tweeting, the banks have one, the people have lost. that is your bloomberg is this flash. manus: the former u.s. treasury secretary hank paulson's warning about the consequences of america and china if they cannot resolve their strategic differences. bloomberg's new e

mao zedong and show him how he can i say hey you might do on a can no less can you see the shadow behind be eggy. lacking a shower. and nobody until the heck what have we left. that still can't see haven't been musser would be far less they're going to. reality at the integral of philosophy in wyler. can they could not muster which wish muscly well enough so work and efforts for that much candy. all families invent their parents and children give each of them a story character fate and even a language there was always something wrong with how i was invented and meant to fit in with the world of my parents and four sisters. whether this was because i constantly mis read my part or because of some deep flaw in my being i could not tell for most of my early life. some times i was intransigent and proud of it at other times i seemed to myself to be nearly devoid of any character at all timid uncertain without will yet the overriding sensation i had was of always being out of place. how. did. we. were party our. candidate attempt one best so we can. be had being serious. or if value can go up

debra mao in hong kong, thank you so much. today were asking the question, will the next 2% table to move be up or down? join the debate, reach out to the team on your bloomberg. us is the ceo of wealth management as our guest host for the hour. will the next 2% move be up or down? >> what theresa may has been able to do is come out with an agreement she structured with the e.u. and she is just about managed to get into the cabinet. few aroundanimous the cabinet table. it would be surprising if we get through the next couple of days without some cabinet resignations. it will be surprising if there isn't more talk about a challenge. that makes it look more likely but that's where the volatility is going to be. my instinct is that it won't really impact on the gilt market or equity markets until we see a longer-term direction. manus: there's a great deal to and when iten now goes into parliament, great deal can happen. it's anybody's guess, really. but in terms of failure to make it through parliament, you can look at a number o

let's get the first word news with debra mao. theresa may is defying demands to quit, facing a revolt over for proposed u.k. -- eu deal, she said she would stay in office and the public expects her to see brexit through in an orderly way. seven members of the government resigned yesterday, including two cabinet ministers. the informal leader of the conservative party's pre-brexit -- pro brexit wing officially submitted a letter of no-confidence in may. a newspaper reports northern ireland's dup says the deal to prop up the government is over unless may is replaced. >> when it is ended. the jurisdiction of the ecj, over, out of this eap come out of the cfp. that deliversit on the priorities of the british people. debra: commerce secretary wilbur ross says the u.s. still plans to raise tariffs in january on chinese imports, despite the planned talks at the end of this month between presidents trump and xi. he said at the g20 will only look at the big picture items and leave framework for further talks to resolve trade tensions. he

mao zedong and show him how we can i say hey you might do on a can or less can use the shepley beheading be eggy. macking a shower. and nobody until the heck what have we left so that the whole bot. ok. still got c. and b. musser well before last year. i. couldn't i must. well enough to work and. all families invent their parents and children give each of them a story character fate and even a language there was always something wrong with how i was invented and meant to fit in with the world of my parents and four sisters. whether this was because i constantly mis read my part or because of some deep flaw in my being i could not tell for most of my early life. some times i was intransigent and proud of it at other times i seem to myself to be nearly devoid of any character at all timid uncertain without will yet the overriding sensation i had was of always being out of place. being. kenya to attempt one best so we can. be syria payette oh yes john how well you can look up to of israel as a leader of yale yes. but on a better level because our all we can be any use doesn't. really have u

he is taking plays out of mao's playbook.ime for american leadership f we're not concerned about human rights and freedom i think the trajectory is going the wrong way. charles: danielle, the system would rate trustworthiness. imagine as chinese citizens, what you buy, how you spend your time, if you jaywalk, if you smoke on the train, if you criticize the government, even family or friends. >> oh, it will track what apps you're on on your phone. it is big brother writ large, if you think about the steps that venezuela, russia and china are taking to implement their own cryptocurrencies, by 2020, i suspect they will be able to track their citizens every economic move. i mean, the disparagement of economic freedom, of personal liberty, just when you think china is so, strong and clamps down so much if there is an economic slowdown coming they're going to have to maintain social order f they're using the technology to do it, it scares me even more. charles: there is a bigger macro battle between democracies and totalitarianism

here's how it changed from this morning to mao, it's all gone to unhelpful levels of pollutants so the earth quality is getting worse. the smoke forecast showing you where the plume is hovering over the bay area and it will not move much until we get to the rain event that will be coming in. the high-pressure offshore continues to send the smoke in the bay area and that will continue through tuesday then we see improvement and nevertheless there will be air alerts posted through tomorrow. >>> despite the poor air quality many people were seen out and about and they are spending much of their weekend indoors and some even went out for a run. >> i have been going stir crazy but i like to go to the mountains and you 70 -- and yosemite. >> the smoke has been getting to me so i felt today was the day to get outside before the work week starts again and hopefully clears up. >> people told us it's getting more difficult to get their hands on smoke masks as stores are running out. >>> we are learning more about how the power lines may be linked to the start of the fire the utility is now in al

i'm debra mao. this is bloomberg.he markets. >> things are certainly looking brighter as the day goes on with the asia-pacific index up and some solid moves coming through the hong kong market. markets in south korea also looking quite good. the weakness is in the australian share market, reacting to the commodity falls we had last week. energy stocks took a big fall. having a look at these commodity places, the singapore iron ore futures are down the most since july, off by 4.4%. you are seeing steelmakers offload inventory with prices falling in line with declining steel prices. we did have a pretty quiet trading session on both thursday and friday last week. do we have any big corporate movers were playing catch-up today? what are you seeing on the mrr? there are quite a few stocks which have had gains of more than 5%. i'm having a look at asia in particular, up by 6.5%, the government giving it to new to those very lucrative areas tourists like to go to, including in borneo. it is up by 6.5%. to the downside, you

debra mao has this for us.he alphabet -- saying he is -- google pulled out of mainland china in 2010. companydilemma for any wanting to operate in china. >> anybody who does business compromises some of their core values. the laws in china are different than in our own country. i strugglen that with is are we better giving a decent search engine even if it is restricted and censored, then a search engine that is not very good? that is the struggle we have to our way through. >> mark zuckerberg says he is standing by sheryl sandberg as the face criticism over social networks handling of recent scandals. facebook stock has plunged july. 40% since zuckerberg told cnn he has no plans to step down as chairman and indicated her position is secure. part ofs an important this company and is leading a lot of the efforts to address the biggest issues we have. is an important partner for me for 10 years and i am proud of the work we have done together. i hope we work together for decades more to come. >> the washington po

i'm debra mao. this is bloomberg. tracy? >> thanks so much. cold war dividing asia after the summit in papua new guinea ending in disarray. our chief north asia correspondent is back from where he was covering events -- what happened and where do you think things started to go sour? >> as the leaders and vice president of the united states -- mike pence and the leader of -- they castgping a very stark differences of opinions on the state of global trade, and again, there was no communique that came out. i have covered a number of different summits over my 28 years, and this is the first time i have seen no communique issued. usually they can at least agree on a watered-down document, but this time they couldn't even agree on global trade to the world trade organization and the rule of settlement process, the belt and road initiative. don't take my word, listen to mike pence and xi jingping. >> [speaking mandarin] >> mankind has once again reached a crossroads. which direction should we choose? cooperation or confrontation? openness or closing

to mao and it was indicative i think of a greater willingness here to hold saudi arabia to account for a whole raft of issues that the international community is concerned about on the back of the murder of her mouth and the final report when it comes we very interesting to read in the still to come when i was there dozens of boarding school students have to buy a separate discrete in camera.

year old collided with the advertising board during his opening match our honestly it was advertising mao's personal sponsor he was able to continue but he and partner pierre used slipped to a straight sets defeat and that's a sport for me we'll have more later on. thank you very much sanna and that does it for this al-jazeera news hour i'll be back in just a couple of minutes with another full news bulletin and a reminder you can always keep up to date with all the news on our website which has all the latest developments on the ongoing situation in gaza where israeli air raids have killed three palestinians i'll be back in just a couple of minutes say that. a disease so stigmatized that those suffering are still shunned by society people is drawn from the apparently from village from their wives and other places in the open war can be done. out kasumi in community al-jazeera meets the health workers who are challenging al qaeda attitudes and working tirelessly to combat leprosy in india lifelines ancient enemy. bureaus spawning six continents across the globe. to. al-jazeera has correspon

quiero darle la bienvenida a "delicioso" a mis talentosos amigos, mao y [indiscernible]. o que uno llega al show y son mÁs de 3000 personas. uno no lo dimensiona hasta que lo ve, y las ve cantando las canciones. >> ustedes quÉ comen en las giras? >> aquÍ esta el relleno. tienes todo picadito. el queso blanco, la caraota negra, la carne mechada. una vez que tenemos todo este relleno, van a tomar la masa de la empanada argentina, que se consiguen los supermercados. ustedes tienen esa estaciÓn. nosotros vamos a hacer unas. no vamos a sobre rellenar la empanadita, sino que vamos a dejar como media pulgada, asegurÁndonos que quede justo en el centro. >> es como agarrar un poquito de todo. >> estÁ bien mezcladito. luego con el dedo le va a poner un poco del huevo batido justo alrededor. es como la pega. le das por todos lados alrededor. ellos no sÓlo compone y canta sino que tambiÉn cocinan. >> con un poco de ayuda [risas]. >> con el mismo plÁstico, lo que haremos es cerrar la empanada, y vamos a unir los bordes. si se les sale un poco el relleno, lo retiran. apretamos bien. le

their government to the island in one thousand nine hundred nine after defeat by the communist and by mao to dong that formed what's known as to china's the people's republic of china led by government leaders in beijing and the republic of china that is capital in taipei china regards taiwan as a breakaway province and refuses to recognize its sovereignty the taiwanese have full diplomatic ties with only a few countries because beijing makes it impossible to have official relations with both taiwan is one of the world's leading producers of computer technology and has one of the wealthiest economies in asia. ok let's introduce our guest now and joining us from taipei via skype a legislator for the ruling democratic progressive policy the d.p.p. from beijing china tangan a china political analyst and also from taipei fabrizio member of the taiwan strategy research association taiwan's center for international strategic studies a very warm welcome to all of you teaching as we record this program the results are only just starting to come in but what are they indicating so far i think it's

party leader we explain why friedrich mao tse could mean merkel's days as chancellor are numbered. as in football the second round of the german cup has concluded in the brewing fashion with another outstanding performance by a wayside by our labor crews that hi go ahead next team knocked five unanswered goals past gladbach as they advance into the third round. i'm sorry kelly welcome to the program german chancellor angela merkel is in kiev today for talks with her ukrainian counterpart petro poroshenko her visit comes as the country prepares to mark the fifth anniversary of the my don revolution which began with demands for closer ties with the e.u. five years on has ukraine moved any closer to europe didn't use nick connelly takes a look. this is how it all started with a handful of people taking to modern square protesting against president coach's decision to abandon a long awaited dissociation deal the much to fear of angering moscow within weeks the protests a ground to tens of thousands of people europe wasn't the only issue but the european flags were hard to miss. the pro

year old collided with an advertising board during his opening match ironically it was advertising mao's personal sponsor he was able to continue but partner pierre. slipped to a straight sets defeat and that's if i make a lot of thank you. fun if you china where there is growing concern about rising levels of near-sightedness among children it's estimated as many as ninety percent of the country's youth will have myopia by the time they complete high school three times the rate amongst children in the u.s. and in europe china correspondent adrian brown has more. in china it's a daily classroom ritual the twice daily exercises. optical health has been part of the school curriculum for more than half a century but some scientists consider these exercises useless and of a recent government report to be believed this routine won't prevent at least half the children in this class from developing myopia. no one's really sure why so many chinese are near-sighted but a subway journey during rush hour may provide clues hard to find a passenger not staring silently at their mobile phone or anothe

another choiceli am because they want another choice.” am not go to accept a deal that will totally under maormined our credibility in the whole of the rest of the world because even if some people in my party can not see this asa people in my party can not see this as a bad deal, everyone else around this entire planet can. the man in charge of trying to get the deal through parliament was sounding chipper tonight, at least for the cameras. either twist any arms, it is decisive to getting closer to the deal. he will only have that chance if, and it is if, his boss can persuade all of the colleagues around the top table actually, to agree. let's take a look at some of the day's other news. the death of a 13—year—old boy who was knocked out in a thai kickboxing match has led to renewed pressure on thailand to ban children from boxing bouts. anucha kochana was pronounced dead from a brain haemorrhage two days after he fought in the charity match. he had taken part in 170 fights since the age of eight. the thai parliament is reviewing legislation that would ban children under 12 from boxing matc

mao zedong and show him how he can i say hey you might do on a can or less can use a shadow behind be eg. lacking a shower. and nobody until the heck what have we left so that the whole bunch. could not could leave that still can't see haven't been musser would be far less they're going to. reality at the integral of philosophy in wyler. can edwards could not muster which wish muscly over enough so work and efforts for at mckinley. all families invent their parents and children give each of them a story character fate and even a language there was always something wrong with how i was invented and meant to fit in with the world of my parents and four sisters. whether this was because i constantly misread my part or because of some deep flaw in my being i could not tell for most of my early life. some times i was intransigent and proud of it at other times i seemed to myself to be nearly devoid of any character at all timid and certain without will yet the overriding sensation i had was of always being out of place. how. we we did all. we. were paddy. as she can get to attempt one best

year old collided with the advertising board during his opening match our honestly it was advertising mao's personal sponsor he was able to continue but he and partner pierre used slipped to a straight sets of defeat. and that's as well for me we'll have more later on and that does it for the sound of their news out of the end of the parana thank you very much for watching. travel often. by trying to use local forests the problem global. looks of owning. land. valleys and scotland's. live for adventure. discover it. because faraway places close. to going since together with cats are always. it is murder when you throw a fire bomb into someone's home and need a sheet off trash in all of the next not insignificant in the numbers that insignificant ideologically the insignificant evil is a crime gag down very significantly by dictating big government and the fucked up policy. shalt not kill part of the radicalized series on al-jazeera. with bureaus spanning six continents across the globe. to. al-jazeera has correspondents live in green the stories they tell. about it. al-jazeera fluent in wor

a similar statement at the moment china is led by possibly the most powerful leaders since chairman mao do you think he wants to be the chinese president the brings taiwan back into the fold because given the level of intimidation the wargames that have been going on in the taiwan straits that seems to be what we're heading towards. possible but i think that's a possible. throughout the world you know what chairman thinking about if i were to put myself in his shoes you know i would have difficult times in understanding why taiwan should be a priority in his policy look at the regional situation inside china. this week years problem that he needs to deal with there's a problem in the that he's has to deal with and you know the catholics are being seen by him as the one who is capable of doing the organisation and therefore he needs to use a lot of force in the suppressing the freedom of religion in china and other than that the more important factor is a slowing economy slowing economy means social instability into an authoritarian country that might be the most difficult to maintain th

. >> we go back to mao with protracted war theory. you have this already established in their thinking that stalemate can actually help you out. keep going, james. >> i may be caught up in your model, but i think using the model, winning would be achieving your end state and i'm -- i think a lot of people are talking like they're precluding the opportunity or the chance for a win-win situation where both sides can achieve their end state. that would be a negotiated peace in this case. >> but that -- >> a stalemate would be contrary to that would be neither side is able to achieve their end state. >> but doesn't that lead you, then, quicker to negotiation? >> no, it leads to escalating more towards total war. >> how can stalemate benefit the north more than south vietnam and the u.s.? go ahead, brother. >> to go along with what brent said, the time and what they're willing to dedicate to it, stalemates cost different resources for each side. so, to maintain a stalemate for us, it's a lot more time, money, efforts, et cetera. to maintai

elements are still active and threatening and undermining the writ of the state to mouth thank you to mao hiding in islamabad. what's more still ahead on al-jazeera when we come back we'll look at the notorious life of mexican drug lord el chapo he goes on trial in the u.s. on monday. and president trump appears to do a u. turn on a threat to shoot undocumented migrants at the u.s. border. and over the severe weather over the mediterranean is now easing it has been incredibly heavy over the past twenty four hours particularly of parts of sicily three mainland italy and up into slovenia we have had reports of flooding that system still going to stay with us over the next few days but it is easing as i say so not quite as severe the weather here instead is that calms down we're seeing a little area of low pressure nip to the northwest in parts of europe and that's actually the remains of an old hurrican hurrican striking plenty of cloud of rain ahead of it very windy too will gradually work its way south eastwards as we head into sunday it is breaking up a little bit as it does so meanwhile

everyone says a saudi intelligence officer told him where the kids of the journalist was on heroin to mao shoji was murdered inside the saudi consummate any stumble on october second by what turkey has described as i had it and maybe is renegade general handy for have to won't join talks in sicily to try to stop his country after seven years of fighting this is the latest attempt to bring all parties together after a similar one in paris in may next month's elections in libya have been canceled because. now iran's foreign minister job on serif has told a london based news organization there is credible information that saudi arabia had planned to assassinate senior iranian officials the new york times has revealed that in march last year and meeting in riyadh was held to discuss plans to assassinate iranian officials specifically major general cass emslie money who is head of the iran codes force in that meeting businessmen were also reportedly presented a two billion dollars plan to use private intelligence operatives to sabotage the iranian economy when i speak to him it was sabi who is

their government to the island in one thousand nine hundred nine after defeat by the communists and by mao to dong that formed what's known as to china's the people's republic of china led by government leaders in beijing and the republic of china that is capital in taipei china regards taiwan as a breakaway province and refuses to recognize its sovereignty the taiwanese have full diplomatic ties with only a few countries because beijing makes it impossible to have official relations with both taiwan is one of the world's leading producers of computer technology and has one of the wealthiest economies in asia. with. ok let's introduce our guest now and joining us from taipei via skype a legislator for the ruling democratic progressive policy the d.p.p. from beijing china tangan a china political analyst and also from taipei fabrizio member of the taiwan strategy research association taiwan center for international strategic studies a very warm welcome to all of you teaching as we record this program the results are only just starting to come in but what are they indicating so far i think i

magnet schools are culturally illiterate, to wit in the past few days i've asked kids if they knew who mao zedong was? if they knew joseph stalin was. if they do with the ten commandments are. they never seem to know. they say either i'm atheist or we were not taught that, or whatever. my question both of you is what is being done in terms of both china and your knowledge of the united states in terms of having cultural literacy? kids can't function a listing of basic tenets of the background of traditions. >> that is a general movement in american education away from having to know certain things, whether it's best acts or historical facts or point of history and action committee goes to memory. in china it's a complete opposite. well, you have the problem, the communist party dictating what they want their students to learn in the classroom but generally history is so very important in the classroom and then up on discussed it but they commit some of these things to memory. what's the equivalent of the ten commandments? what would they be learning? religion is banned from the classroom.

here is debra mao.d weaker in early asia trading as prime minister theresa may fights to keep her brexit plan a live. pro-eu conservatives say it is the worst of all worlds, and eurosceptics demand a clean break. commission president jean-claude juncker thinks a deal will be struck soon because a disorganized split would be worse for both sides. alibaba set a new record for singles' day, with $31 billion of sales in 24 hours. the online extravaganza featured mariah carey and cirque du xiaomi, apple and dyson among the most popular brands. singles' day is a bellwether for the chinese economy, offering a gauge of consumer sentiment during the trade war. acting attorney general matt whitaker is said to have indicated he will not cut the budget for the mueller investigation, a signal fears about that would not happen in the near future. in july, whitaker told cnn he could imagine an acting attorney general not firing mueller, but just reducing the budget so low that the investigation grinds to a halt. hot a

of course, that's not their way mao. but texans understand that some of those hard line policies on immigration, even some republicans here, wouldn't work and they want a better solution. >> you look at beto o'rourke, phenomenon, the person attracting attention outside of tex he's borders. if you're talking to your democratic colleagues looking at this race and wondering how to replicate that and find other candidate who is can engender the same level of enthusiasm and support, what is it the democrat should be looking at in candidates? >> he as unique skills, probably since bobby kennedy as a retail candidate. he's been able to show you authenticity around the state -- >> he's driving himself around the state. >> driving himself around the state. >> you can't duplicate that. he has a bright future whether he wins or loses. >>> coming up, how will the hispanic vote influence the midter midterms? just three days to go until the midterms. plaque psoriasis can be relentless. tremfya® is for adults with moderate to severe pl

mao zedong and show him how he can i say hey you met him on a can no less can you see the shadow behind be eggy. makin me a shower. and nobody until the heck what have we left. that still got seon be musser would be far less the if only i were really at the dinner i love philosophy in wyler can edwards could not muster which must be over enough so work and office for that much candy. all families invent their parents and children give each of them a story character fate and even a language there was always something wrong with how i was invented and meant to fit in with the world of my parents and four sisters. whether this was because i constantly mis read my part or because of some deep flaw in my being i could not tell for most of my early life. some times i was intransigent and proud of it at other times i seem to myself to be nearly devoid of any character at all timid uncertain without will yet the overriding sensation i had was of always being out of place. how. did. we. will carry our. candidate attempt on a bus so we can. be had being syria payette oh yes john how well you can

joining us, senior fellow and author of the book "markets over mao." great to have you with us. this "wall street journal" report seeing they are favoring architecture over agenda but the markets are basically pricing in a deal a little above zero at this point. >> well, i think there's a lot of speculation going on about what might happen. some are on the optimistic side thinking there's going to be some kind of progress. others, you know, larry kudlow said the other day he thinks trump will hold out for very substantial changes and he doubts that an agreement will be reached. i think in the end it's going to be up to the president to decide and so you have a lot of people on the sidelines trying to guess which way he's going to go. i don't think we will know until the meeting actually happens. susan: well, you brought up larry kudlow. he's on the moderate side, along with steve mnuchin and the reemerge ence of jared kushner buenos aries. they have to go up against the hard line hawks, namely navarro, lighthizer and bolton and with navarro attending the xi/trump dinner, they ar

think about what mao said, don't be public about your ambitions. what does xi have? made in china 2025. it's not made in china 2125. not made in china 2225. it's made in china 2025. he wants this now. he cannot wait it out for a hundred years. so we do have some bargaining power here and maybe we will get something, nothing grand, but enough to maybe make people feel better. >> all my readings on china is their economy's in trouble. we have talked in the past about the major amount of ghost towns that they have built. i can't even begin to tell you how many empty condos or apartments they have across china. i think their economy that they said 6.5%, just cut it in half, if at all that good. so yeah, i think they need to get something done, but i deal with what the evidence at hand is, and so far, they have stuck their thumb out and said -- actually, the middle finger and said no, thank you. let me just say this to both parties. they are taunting markets and they are taunting the economy. i speak to a lot of big ceos, middle line ceos, and smaller businesses, and ther

it's called the challenge erl ca ris mao key, the only key under the control of the challenging partyif you're a democrat, let's not make the mistake of deciding who you think is electable and picking again a dukakis, a kerry, a gore a clinton. >> i love the keys to the white house. i've got to jump in for one second. we now have a call to make at 3:3g 2 in the morning in the wisconsin governor's race, tony evers is the an apparent winner in that governor's race, defeating scott walker who has won twice and another time when he held off the recall election. scott walker goes down in the state of wisconsin to tony evers. your reaction? >> this is a solace for dra in governor's races after gillum and what looks like abrams. big pickup for democrats here. >> should we be surprised by the result. >> it was tight. did you feel like walker was going to pull it out. >> i always put a thumb on the scale for evers. these governor rounds will be hugely important for the next round of redistricting. >> this is an indication of grass-roots organizers. we forget all of the unions and folks who cam

chairman grassley, meantime, mao anyone who made materially to the committee. >> shannon: doug mckelway just as kavanaugh's confirmation process motivated voters on both sides of the ipo that was a month ago. let's talk about an hour fox news politics editor and author of every man a king, chris stirewalt. dana perino, host of "the daily briefing," they have been known to do projects together. >> she's pretty good to work with. [laughter] >> shannon: we are glad to have you guys as we are talking with a midterm previous. there is disagreement about how much kavanaugh may factor, because it was a month ago, people were fired up. over the weekend, some more advancing of the story because in a judiciary chair chuck grassley put out that he had 400 plus page report and it indicates this is not over. they've already referred people, forgetting potentially in trouble, for not telling the truth. marco cleveland of ""the federalist"" run through the whole thing. "while it may be many months before the next shoe drops, grassley's report came in time to remind voters that the righteous angrily fe