mark: hello america. i'm mark levin. this is "life, liberty & levin." and we're here tonight to discuss an issue that i think is of grave importance. what happens if the electrical grid goes down, and is it easy to take it out? and who might take it out, and what can we do to protect it? this is a very, very important program as far as i'm concerned, so i brought in the best, who i can think of, dr. peter pry. how are you, sir? >> thank you for having me, sir. >> my honor, i consider you the foremost expert. you've written about it, widely testified. the executive director of the task force on national and homeland security. this electromagnetic pulse, emp and other threats, director of the united states nuclear strategy forum and advisory form to counter weapons of mass destruction. boy, you must be staying up at night. you must have nightmares. you are an intelligence officer with the cia responsible for analyzing soviet and russian strategy and operational plans including emp threats. let's begin at the beginning. what's emp? >> electromagnetic pulse

he was wearing mark's hat, mark's coat.d the car door and then proceeded to like scream down the driveway, which mark would never have done. keith morrison: did you call out to him or wave? i waved and i went i hope that's mark. keith morrison: i hope that's mark? well, of course, it must have been, stephanie thought, rushing a bleeding ding to the vet. about 20 minutes later, stephanie walked up to the house to use the bathroom. this time the door was unlocked. but this was weird. before i even got to the door, there was this immense smell of bleach. keith morrison: bleach? yeah, like, it took my breath away. keith morrison: and inside the house. there was three wet, what looked like blood spots in the hallway, that had obviously been just cleaned and they were still drying. keith morrison: perhaps ding had bled on the carpet and mark had cleaned it up. but why would he take the time? he wouldn't stop and spend half an hour cleaning. his main thing would be getting ding to the vet, then getting to his appointments. keith m

why, mark?> after returning to courmayeur, monica says mark stern told her he had been inspired by that night on the mountain and wanted to spend a whole year at a high altitude in a tent alone. >> he wanted to write a book, how to survive above -- >> 6,000 feet. >> exactly. for an entire year. >> that september monica says mark set up and equipped three separate campsites in the mountains above courmayeur. >> really beautiful. really beautiful. >> she says he told her that after publishing that book he was writing they would move to switzerland together and perhaps adopt children. >> this is my little city i started building. >> and so, as the temperatures dropped in the fall of 2009 and the snow came, the man monica knew as mark stern set to make a name for himself in the alps. to her, it seemed crazy. but writer buzz bissinger says monica's mark stern was actually behaving true to form. >> i think when he decided, i'm living this philosophical, aesthetic monk-like life, i have to do it big li

mark: hello, america. i'm mark levin. this is "life, liberty & levin." i have a wonderful guest tonight. gary sinise, how are you, my friend? >> i'm good, mark, thanks for having me. mark: haven't seen you in five, six years. >> it's been awhile. mark: i wanted to bring you out here, memorial day is not that far from now, and you do this magnificent program every year except for last year when your daughter had a baby. that is the national memorial day concert. i don't miss it. there are other things i want to get into, and your acting career. to me, you are kind of unusual for hollywood. you are an exceptional patriot. you are a super patriot. you are involved in veterans' activities. you are involved in so many veterans activities, i can't keep count of them. i was studying this over the weekend just so you know. over the last weekend. let's get started with. this first of all, a little bit about your background. you grew up in chicago? >> yeah, i was born on the south side of chicago in a town called blue island, which is south south side of chicago,

mark: hello, america, i'm mark levin, this is "life, liberty & levin." we have two great guests two, buddies, i just noticed, two italianos. dan bongino, how are you? joe digenova, it's an honor. >> mark. mark: let me just briefly say joe, you are a wonderful united states attorney for the district of columbia under a great president from 1983 to 1988 under ronald reagan. you received your undergraduate degree from the university of cincinnati. law degree from georgetown. you later served as an independent counsel investigating the 1992 preelection search of then-candidate bill clinton's passport file. did that go on for eight years, i'm curious? >> no. mark: six months or something like that. >> we cleared everybody. mark: did you your job and ended it. dan bongino. >> yes, sir. mark: penn state university, you earned a masters of business administration, you work with the new york city police department for four years from '95 to '99. you joined the secret service in '99 as a special agent. and you eventually protected a president, as i recall. >> yeah

aldo: como la viste mark? de los jugadores de santos. aldo: una falta ella la cobra el equipo o de jeremy menes, no hay cambios hasta el momento. daniel: por el momento no. aldo:renato ibarra con aguilar, Éste es Álvarez se distribuye bien, espera bien el equipo de santos laguna. Álvarez jugando nuevamente con aguilar y Éste la tira al frente buscando a oribe peralta como muerde el uruguayo. le termina marcando una mano a oribe peralta al momento de caer, termina tocando el balÓn con la mano, allÍ estÁ, esto es lo que detecta ramos. a continuaciÓn o se puede perder la segunda parte de esta doble cartelera. por las pantallas de univisiÓn deportes. toÑo gÓmez luna allÁ en la frontera,cholos y toluca, viene por derecho, viene cecilio con el disparo que se va desviado del arco. toÑo: estÁn calentando los porteros de la cuadra local, y tambiÉn el equipo visitante, Ángel reyna de titular con los diablos rojos de toluca, en lo que llama la atenciÓn, la sorpresa de lo que va a presentar hermanos cristante en la fronte

mark: why? >> emp did not fit into the narratives that they had for trying to sell two of the obama administration's major foreign policy objectives. one was the idea of a world without nuclear weapons. they were trying to convince the world that nuclear weapons don't have utility. you need hundreds of them, never be able to compete with the united states. that's not true. any nation that gets just one bomb because of emp, basically becomes a nuclear superpower that could threaten the existence of the united states. it didn't fit into the narrative of a world without nuclear weapons. and didn't fit into the narrative about the iran nuclear deal. if iran had one bomb, okay, you know that would defeat the whole purpose of the iran nuclear deal because they wouldn't need dozens or hundreds of bombs, and the verification provisions which are so poor on the iran nuclear deal would be a mortal threat to the existence of the united states. i and other specialists think iran has already got the bomb and

mark: and live from london, i am mark barton.berg exclusive in banking news, rbs shales rising -- shares rising as they search for a new chief executive. the bank is reaching a deal to pay $4.9 billion to resolve the u.s. mortgage investigate. where to start, there is so much. let's start with the latest news, looking for a new chief executive. >> it is job done, this is the story in the bank to up -- a point at which it can stop paying dividends and put this legacy issue behind it and paves the way for potential sell down from the u.k. government, which holds 70% of the bank's shares. he is turning a page and i think the time -- it is looking like it is a time for bringing on a new manager. mark: internal candidate or external? elisa: -- both of whom seen as potential successors and with a the you the bank does not really need -- with a view the bank doesn't need to really change its model at the moment so internal candidates could be suitable. the: could stay until dividend is reinstated. that's a huge hurdle overcome, isn't it

mark: i'm mark barton in london. time for the bloomberg business flash.of the biggest business stories in the news bright now. soaring, trading in the dutch-based cable and mobile service provider were more than triple the 20 day average from the telecom regulator told the newspaper he is more open to deals. others altice and regulators are better financial say -- shape. the largest bank in dubai has agreed to buy -- bank's unit in turkey. in marketspanding like turkey where they face limited expansion opportunities at home. spencer's plans to close more than 100 stores in the u.k. by 2022. changing the part of its previously announced plan to reduce the space. the chain has more than a thousand stores in the u.k., but almost 700 only sell -- that's the latest bloomberg business flash. vonnie: former white house strategist steve bannon stat inn with stephanie baker prod. he expressed dissatisfaction with president trump's allies and condemned the trade of truth between the u.s. and china. >> what started as a very defined process because we were taking a

mark pebble. thank you, chairman thornberry, and i look forward to discussing our etc subcommittee mark this morning. with that, i yield back the remainder of my time. >> the ranking member of the subcommittee, mr. langevin's recognized for five minutes. >> thank you, mr. chairman. and i want to thank you, chairwoman stefanik. together in a bipartisan manner, we've accomplished a great deal to be proud of in the etc mark and it's been a pleasure working with you, and i echo many of the same comments that you have just made. and i'd also like to thank chairman thornberry and ranking member smith for their contribution to the bill before us today, both of whom served as chair or ranking member of this subcommittee. i know it takes great interest in the work that we do. it's i believe the most significant work we do each year in this subcommittee, and it would not be possible without your leadership. and last but not least, i'd like to thank etc staff for tireless work on this mark, particularly lind

this is bloomberg. ♪ is bloomberg. ♪ mark: from bloomberg's european headquarters in london, i am markhas been a quiet day with the bank holiday in the u.k. we are down across the equity space, down across the day as well. five industry groups rising today. solve the end of a eight week running -- winning run for the european benchmark, the stoxx 600. that winning run was the best since 2014. the italian 10 year, the intraday chart, another astonishing day, given the developments in italy. the yield earlier in the day falling, bonds rising the most since october, falling as much by 10falling as much as basis points. as populistue leaders are really against the president and the european union are blocking their bid for power. investor optimism being fueled that there are checks and balances in italy. meter lastthe 10 last the 10 year rose -- week, the 10-year rose. have a look at the euro against the dollar. we rose on -- on the initial news that the nominee had been turned down for a eurosceptic finance minister. the euro is down by a fifth of 1%. it has fallen for six straight weeks,

marks marks the prophet flagstick icons who are as revered as someone who promised salvation to humankind it he never actually existed. that image is the result of bad propaganda as we've heard from click on. that propaganda would later also be used to glorify the outcomes of communist revolution. these propaganda posters say nothing of the millions who were killed in the subject union under stalin and in china and jamal said. this idea put the pictures music straight nancy where the emphasis is very very much on the will of the communists. today there are many people who say china has had with deceased some stews now a capitalist economy in a capitalist world with a regime that is communist in name only i'm not sure that we've seen the end of the story maybe in twenty fifty there will be a chinese states that still calls itself socialist. that you suppose you leads to since two thousand and eight the crisis of capitalism has steadily grown more acute but what does this crisis mean today we find ourselves confronted with the very same questions that karl marx once face. seashell you know

mark: live from london, i am mark barton with the european close minutes away., their cfo has resigned. your veteran who piloted -- four year veteran left the company. why? >> a strange time to announce it. rbs seems to be coming out of the woods after the crisis and the government can sell down its 70% stake in the company. and pay a dividend. you can only imagine he got a good offer. maybe in australia. he is from new zealand. maybe he had a good offer from a bank in that region. mark: the lure of succeeding his new zealand born ceo was not enough, or maybe he read the tea leaves and he would not get the job? >> he was an internal candidate to succeed ross mcewan. rose,her woman is alison head of the resale unit and has a good reputation and has been profiled -- profiled in bloomberg. she is the front runner after this departure. interesting to see what happens and how quickly. whichthe 70% stake sale many hoped would be hurried along after the toxic loan issues may be not so much because of the italian prices. >> exactly -- crisis. >> exactly. the departing g

mark: hello, america. i'm mark levin. this is "life, liberty & levin." we have a great guest, gordon chang, how are you, my friend. >> fine, thank you so much, mark. mark: great to see you, gordon chang, expert on china, north korea, really asia, generally. you graduated from cornelle university in american history. then you graduated from cornelle law school in 1976. >> i couldn't escape. mark: you couldn't escape. i'm sure you were surrounded by all kinds of cool liberals. anyway, you are fairly ubiquitous as an expert on north korea and china. and frankly america in terms of our dealings with these countries, obviously, this is teed up because the president is supposedly in june, june 12th to be meeting with the dictator of north korea, kim jong-un, and yet, this week there's been all kinds of ups and downs and so forth, and i want to get into that, but i want the folks to understand also something here. i have here a document, a document that goes back to 1985, and all the discussions, negotiations, side deals, actual deals, bigtime deals between the

mark every chinese person knows him. here you know marxism leninism is the basis of our political system. just saw here that we had big posters of marx at school that's how i came to know marxism right now my focus is on my own quality of life that's enough for me to go in the make the machine you. know what's your problem to be honest i believe marxism is slowly being forgotten. thank you got. to go the does not hold true to the chinese government is investing a great deal of money to popularize marxist ideas in the form of books modern media and even its own t.v. show. i don't you and she and cullen to the t. and we ha. many young people wrote to us after the show they said it had given them an entirely different picture of karl marx marx was no longer just a poster hanging on the wall they could now relate to him in their real actual lives. marx is still influential and even very influential he's still relevant today and his ideas are still useful at the nineteenth national congress of the communist party it was decid

mark as well is the full committee mark that we'll consider this evening, also builds on the work our subcommittey has done to ensure navy and industry have the resources to expand our undersea force. the need and ration ala for a larger force of 64 fast attack submarines was laid out in the navy's 2016 force structure assessment which was based on a thorough analysis of strategic challenges that are emerging in the maritime domain. this year and for the second year in a row the committee received blunt and powerful testimony from admiral harris, pacific chairman and the general from the european command in that the submarines are not being met and they care ed unnecessary risks to the country. last year they included authorizations to procure additional submarines in our mark, an authority eventually carried to the final ndaa and this year's omnibus. navy officials have testified about their intention to use the new authority to provide options for additional subreasons in the next block five contract. this year our mark in the full committee mark will make a down payment on two addi

mark: you say it is mark carney's fault.your colleague in the on carney.and he was the data has turned. is it fair blaming carney? is just teeing off of the data. bankuld look for a central to start hiking just when the data is turning. we could blame it on short-term factors, but it will look john when you have the central bank hiking rates when you have had a soft pass in the data as of late. you cannot blame him for pushing that rate hike later in the year. mark: does that buy into the hawkish hold scenario put out there by toronto dominion's? inthis idea is taking root markets these day and giving some of the pound bulls and rates bears more to hang onto. if they affirm that this thursday and say they are not going to do it this time but keep the hope out for later this year in august or later, that is bulls inpe to these pound and bears in rates. mark: why are italian assets impervious to what is going on in italy right now? >> that is just a testament to the hunt for yields that is on in markets right now. you have ita

mark: i am mark barton in london and this is the european close on bloomberg markets.ime for the stock of the hour, the gap, worst in the s&p 500. down 14%. foot locker is up 14%. abigail doolittle here to tell us why. ga,p ontores in retail pace for the worst day since 2016 after they put up a disappointing quarter. the turnaround has been lumpy. two quarters before that were positive and last quarter they were down. the overall cop was up 1% versus the estimate of 1.5%. disappointing for investors is the fact the weakness at the flagship store the gap where they are blaming excess inventory for weakness. miss.camp -- comp they arethat perhaps not supporting the sales they need to see. not everybody surprised. if we look at this chart. in white are the shares of gap and short interest inif we look. blue rising. disappointing quarters at around 12%. there are some bears. this will likely continue. mark: were there any bright spots? >> they maintain full-year guidance, considered a positive that on the other hand, maybe they do not need it. co navy was strong, in line m

that is mark barton in london.news -- united technologies, a holder of the stock wanting to split the company into three with the share price rising on the news of 1%. there are other activists involved. they say a split would unlock more than $20 billion in value. hs -- mark: hsbc is down after costs rose at a faster pace than revenue and suggested it would reinvest excess capital it generated in the future. the european biggest bank returning money to shareholder and a $2 billion buyback. we spoke to their cfo. >> $2 billion worth of buybacks, in addition to a dividend we announced. that bears out the overall balance sheets strengthen hsbc and the strength we see in terms of our markets. and investmentce managing editor is here. hi. they knew chief executive -- the new chief executive, big job on his hands? >> yes, the quarter was not as strong as he would've liked. wanting to get ahead of revenue growth. pressure building on him to deliver a plan, a new strategic plan for the firm that will be able to generate m

it marks -- marked the end of world war ii.ussian diplomat in siberia headstock piled weapons for the attack. president vladimir putin attended the parade with israel's prime minister benjamin netanyahu. in malaysia, a new prime minister said the king is willing to part in a key jailed opposition politician immediately. he is the de facto leader of the alliance that won the election earlier this week and is expected to take over as prime minister once he is released from jail. global news 24 hours a day on air and on tick tock on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am taylor riggs. this is bloomberg. vonnie: here is what is coming up in the next hour. cash overseas and why a key figure on apple's's quarterly report has disappeared and apple is not the only company. kicking it to hide year, we speak with an analyst who seized tesla shares to $500. why now? and the state of the european union. we look at mario draghi's plans to prevent a future crisis. this is bloomberg. ♪ von

mark, it is your turn?s is the single most important chart now in gauging italian political risk, the italian 10 year versus the european benchmark otherwise known as the german ten-year. we have blown out today, the yield difference today, it's the most since 2014. almost the widest in 14 years. i had the french election, we are at 230 basis points. we move ahead of those levels. always good to put these in perspective. a look at the difference in yield at the height of the sovereign debt crisis. the yield differential there blew out to 550 basis points. we are nowhere near the levels we are today, below 300 basis points. very important to listen to the analysts. we are seeing a lot of prices marking wider in a relatively needless market. idless market. says it isnd currently out of sync with fundamentals, even a good chunk of the five-star movement don't want to leave the eu and finally the problem is there aren't too many levels based on fundamentals for one to target. theyhard to protect where are peaki

comcast business outmaneuver. ♪ mark: i'm mark barton.nishing their wednesday session higher, led by oil and gas. no surprise there after the price of oil ran to crude's highest level since 2014. oil and gas in the decision of trump's decision -- in the wake of trump's decision to pull out of the iran nuclear deal. thanks leading the advance, the highest level since the -- for since february 1. i want to tell you about the earnings season, still in full swing. your onoutlooks for for the bets that the jen -- the software business will make up for the deepening slump in the struggling power and gas divisions. industrial operations profit fell i 8%. they are bursting on a series of software acquisitions in recent itss aiming at boosting business, making factories more efficient. the industrial conglomerate did sign a contract in january 2016 worth at least 1.5 billion euros to build rail coaches and upgrade tracks in the country. one of the companies that might be affected i this decision to pull out of the iran nuclear deal, a court. first

this is bloomberg. ♪ mark: live from london, i mark barton. vonnie: and i'm vonnie quinn. the european close on bloomberg markets. mark: let's talk adidas. in true kanye fashion, the rapper stole the stage. adidas with a top performer in the dax this year, but those results were overshadowed by kanye's controversial comments about lavery. -- slavery. those remarks were addressed in an interview with bloomberg television. >> [inaudible] our external creators are making. kanye has been a fantastic creator, and that is where i am going to leave it. i will not comment on every comment that he were someone else's making. that is the party line at this stage. i want to carry on the conversation for a moment. you don't break out what the relationship is worth, what the brand isd -- yeezy worth. can you get investors been idea -- an idea of how important what kanye has been saying is to your business? have you had any conversations with him or his team in the last 24 hours? end is something, from his of the conversation, he makes it very clear that this is an important and very pr

this is bloomberg. ♪ ♪ mark: live from london i am mark barton. the european close on bloomberg markets. canadian investment giant fairfax and plans -- plans to invest into a container ship operator. that increases the total investment to $1 billion. the fairfax ceo prem watts the and david sokol spoke with us exclusively. family that ison a very large shareholder, the controlling shareholder. we would like to back them. >> david's track record is outstanding. time per the 20 your called met company american and the revenues went from something like $100 million plus 211 billion. 11 billion. the most important statistic is the return on equity. on average they have 23% over that 20 year period. not many business and i have seen with results like that. >> david, i hope your ears are burning. in terms of the vote of confidence, you just closed a acquisition, -- and -- transactionthe gci which was a $1.6 billion one. our ability is highly enhanced by fairfax's initial investment. having fairfax with this $500 million investment coupled with the washi

mark. mark: thank you.ttarella has asked the former director of the imf to form a government on sunday. lot rejected the choice of a eurosceptic finance minister. joining us is kevin castillo. tell us a bit about carlo kotter cotterelli.lo strict onuite budgets, a former director of the international monetary fund. he is very well known in italy. years ago,t if you he was in charge of a spending review. he is known here as mr. scissors for his interest in cutting budgets. mark: it comes as the populist want to increase the budget or some would suggest that on the fiscal side, and this is the opposite of what they probably would have hoped for. does this set up an never more likely clash between the populists and maybe the president? there was some suggestion of an impeachment. for how long can cottarelli provide some stability? to face a lot of resistance in parliament from the two populist parties, the five-star movement and the league. how things go on not certain, says he for sees elections either someti

mark: lo sorprendiÓ. aldo: una oportunidad para el equipo de robert siboldi.tro argentino. daniel: probablemente titubeo de la defensa que segundos antes del disparodeja correr una infracciÓn de cecilio domÍnguez en la conducciÓn y cÉsar arturo ramos dijo ley de la ventaja y es cuando esperan que se marque la falta y quizÁs sea el factor para esos segundos de desconcentraciÓn. aldo:con esta la podemos ver, encuentra el hueco julio furch, saca el disparo, yo creo que sorprende a marchesin mark: si alguien para sacar este tipo de balones es agustÍ marchesin, no es que temo cargando de mÁs, sino que es un buen disparo hace una parÁbola y un efecto importante. pero si alguien puede sacar estos balones es agustÍ marchesin. aldo: hallaba el amÉrica quiere empatar antes de irse al descanso. vienen con el centro al terreno de jonathan orozco. desde el Último piso va orozco. salen largo para djaniny tavaresbuena marca por parte de Álvarez que de estar mal de cabo verde. es inÚtil el esfuerzo y tiene que tirarla atrÁs paramarchesin. se reorganiza el equipo del viejo her

>> mark, thanks. i kind of feel like i need a seat belt right here in this seat. >> brave mark. listen, i admire the work they do and their excitement about doing it because i look at that and say, no, thank you. i'll stay here object ground. we're so grateful they've doing that. >> as you said, to see the excitement they get. >> the joy of discovery. >> mark looked like he liked it too. >> what a live shot. >>> and today on the "cbs this morning" podcast, mark and his producer detail the experience of seeing a tornado from the sky. what they learned from the eight-hour flight and how this story came to be. find this and all our podcasts on itunes and apple's podcast app. >>> coming up next, a look at this morning's other head lines, including what's putting family dairy farms out of business. plus, teaching your kids how to protect their digital privacy. we'll show you the experimental program aimed at stopping bad habits before they form. the question is where they

marks & spencer is known for its food store, there is the old adage of going into marks & spencerforir food stores in the expansion. —— going to be closing. yes, surprisingly, it has found that food sales have not been going so well over the last couple of quarters. we will find out more tomorrow about how that is panning out. but it is looking at the overall picture and really, you have to look at your profits because there is so much squeeze on food prices at the moment, it has to be profitable, and space is expensive. we believe it there, thank you very much. marks & spencer not doing too well on the back of that news, and is in danger of being delegated from the ftse100 to danger of being delegated from the ftse 100 to the ftse 250. that's all the business news. since the global financial crisis, iceland has managed to turn itself into a major tourist destination. visitors from around the world are attracted by its natural wonders and low prices. so much so that there are now increasing warnings that the tourism boom is getting out of hand, endangering the natural environment and

this is bloomberg. ♪ mark: from bloomberg has european headquarters in london, i'm mark barton.nd crew declines in the last half-hour have taken a decline. oil and gas are down by 1.5%. we are waiting, little changed, for the announcement from donald trump on the iran nuclear deal. italian stocks are among the worst performers in the region as political uncertainty persists. this is the wonderful chart showing you the difference between the italian and german ten-year. the spread is widening by seven basis points. gearing up for the election, the anti-immigrant league suggests we could see elections as soon as july. it is in the hands of the president, of course, with little concern about the goings-on, the machinations and and the mere thought of the snap election that could result in an antiestablishment 1.302%.nt widening to keeping it on, we will certainly here among the company's results, low or expected natural gas claims lowering the earnings by 49%. damage from hurricanes and earthquakes causing insurance with billions of dollars in losses last year, putting an end to ye

facebook boss, mark zuckerberg, has been criticised by european politicians for alleged evasiveness. however, mr zuckerberg said he'd make it his top priority to prevent interference in democratic elections. and this video is trending on bbc.com... church bells have rung out in manchester, marking the exact moment a year ago when a bomb exploded at a concert by the singer ariana grande — killing 22 people — including seven children. that's all from me for now. stay with bbc news. and another headline from the uk... the second day of the inquiry into the grenfell tower fire was disrupted when a video of the blaze was shown without a warning, prompting around 30 people to walk out. now on bbc news all the latest business news live from singapore. facebook‘s mark zuckerberg takes his apology to europe, days before tough eu protection rules come into effect. we did not take a broad and a few of our responsibility, that was a mistake and i'm sorry. can jaguar land rover be saved? we will find out when the indian car manufacturer unveils its four year earnings today. it's wednesday, everyo

mark: i am mark barton. the european close minutes away. let's get to italy.list leaders their head-to-head bargaining for a new government. let's playing in -- let's bring in bloomberg's john in rome. is it looking that these populist forces are going to forge a coalition? john: yes. by their own account and speaking to officials in both parties, everyone is optimistic. smooth outhave to differences in the program and more importantly they have to agree on a new premier. the clock is ticking because they have to report to the president on sunday. mark: what are the issues that , that bring parties them together? can the ones that divide them be ironed over over the weekend? john: it looks as if that might be possible. they have experts in each sector who are negotiating together. the key issues which would seem to be in contradiction of the five-star plan for a citizens income for a poor and the plan for a flat tax for everyone. have kinds of issues may different names and may come out with compromises. there will be ground for agreement. there also issues of

mark is one of those few. the pages of his book are filled with wonderful history and remembrances of unscripted moments. i have to admit that when i went to write intro remarks i put my feelers out to a large group of friends to find just the right story to tell that you would give you a sense of the real mark weinberg. you have a lot of friends they have fun stories. have a great one with a trip to moscow when the relationship with the west, authorities but i don't know if the statute of limitations has expired. i hate to give any details. turns out the stories while entertaining and very true didn't seem appropriate for this family audience. so mark, relax your off the hook. before i asked mark to, i know his heart and soul were and still are steadfastly loyal to our nation's president their three newer people that are his priority. among many when i say we worried if he would ever find someone to share his life with that would both put up with him and keep compete for the love. i cheer loudly when mark met

mark? mark: thanks a lot.rance has slumped after the french finance minister warned that biggest airline in europe could sink. the company's ceo resigned on friday after being unable to reach an agreement with employees. now is bloomberg's global editor for business. what is next? .ou haven't got the ceo you still have strikes. how will this be resolved? benedict: it will be difficult to cut through this noise. it's a company that now doesn't have a ceo and it's hard to imagine who would want that job. year or two ora you might get your shirt worked off -- ripped off by angry unions. it's an almost impossible task. continued unions their strike today after making a point that they are not done here yet. that was the big surprise. was in the post for about two years and try to different style. tried to be more forthcoming and cooperative and less confrontational than his predecessor. he said on friday he was done. those words seem pretty harsh. strident. the company's survival is at stake. is it that bad? will

>> mark: we have a winner!r! >> tucker: that's all for tonight's "ultimate final exam recap." don't miss a brand-new edition of "final exam" every thursday night from now to forever. thisis show, 8:00 eastern. good night from washington. ♪ ♪ >> tucker: hi. welcome to the special edition of "hannity." tonight for the full hour, we'll show you the very best of the opening monologues.og we'll start with robert mueller's russia collusion witch hunt. watch this. it's not been officially 328 das since the special counsel robert mueller was appointed to investigate so-called interference into our election. tonight, we are asking the question, where is any evidence ofg collusion? show us? nothing sog. far, not a whiff, d i think i'm a "no" evidence. instead of concrete facts, information surrounding russia's alecto might elicit actions we have in this cotr

i'm mark crumpton in new york. "bloomberg technology" is next. ♪ emily: this is "bloomberg technology". apple shares hit a record after warren buffett makes another egg -- another big bet on the stock. amazon lost out to walmart, giving them an e-commerce edge in southeast asia. and the u.s. trade delegation heads home after two days of talks. what it means for the tech industry and asia going forward. but first to believe. shares of apple hitting a new all-time high pushing the tech giant to striking distance of a $1 trillion valuation. warren buffett told cnbc he bought an additional 75 million shares of the iphone maker in the first quarter, expanding his already large investment in the company. for more on apple and perspective on the sector, let's bring in kevin kelly. i will start with you -- a big vote of confidence from buffett. what is your read? >> going through a white knuckle period over the last two weeks, you have the buybacks, and now you really get into june september quarters, a massive product cyc

mark: good to see you.onnie: here in the u.s., president trump offered a second temporary reprieve from his hard line on. the white house says the president will delay imposing steel and aluminum tariffs on the eu, mexico and canada until june 1 while it tries to work out a deal with each player. the administration says agreements in principle have been reached with argentina, australia and brazil. we are joined by kevin cirilli, a reprieve, but many are complaining because it has to market uncertainty. what does the president want to get done in that month? the president continuing to say it is because of national security that he wants to raise these steel and aluminum tariffs import. china in theed to second half of the week led by steven mnuchin, wilbur ross, ,arry kudlow, peter navarro someone who has a bit more of a nationalistic approach to economic world trade as well as the ambassador to china. president trump i think for his part is trying to figure out what exactly the fallout would be should he

mark: i am mark barton.in the ceo of imax, richard gelfond. -- $22 is the share price. public companies, one in china and the rest of the world and if you back out the china value and trade on the hong kong stocks exchange, the u.s. company is trading at about 5.5 times even the this year -- ebidta this year, historically low. quarterorking at the and the results were strong. we almost doubled consensus expectations. we have been on the revenue line and we will keep delivering and the world will wake up. vonnie: jpmorgan, one analyst, an overweight rating with a price target of $20. talking about solid earnings this quarter and a buying opportunity. there are analysts who think this is undervalued as a stock. you are taking advantage of it and will buy back your own shares. >> we will. i have been in the stock for 20 years. times square the market unfairly penalizes you and times the market is way optimistic. valuation, 2017 was a difficult year. our business in china went through changes. the slate was not

it allows independent markings and produces an actual marked ballots like any other voter. however, we know that most voters with a disability from home, during the absentee vote or voting from home during the absentee voting process and a healthcare provider or find. what this does is allow disabilities voters not to have to go to the polling place to mark without assistance, and we are proud of the fact we are actually going to use a ballot that will be processed at the time that we do the tabulation is it. >> i thought i had to do that. [laughter] >> so, our goal is that we hope to provide the same marketing experience to the voters voting from home during the early period sweatband, you see the series of bubbles in the information into the polling place with the marking of the ballots themselves. the solution provides the same ballot interface through the secure online process so the voters with disability can mark their ballots using their home devices and assistive technology, printed out an prind mail it in from home. they may request, receive and mark the ballot onl

i'm mark crumpton. this is bloomberg. mark: -- joe: still with us is meb faber. asset class this year's commodities. we are starting to see retail flow into commodity etf's. folks i goldman coming out and saying if there is moreland to run. how do you think about value and commodities and is there a case to be made that should be part of people's portfolio? meb: if you look at asset classes in general, we tell people you have to be asset nostic.-- asset class back a handful of years, mid-2000, everyone loved commodity. every institution was getting in and all the funds were getting marketed. you had commodities rip roaring bull market. then they got pummeled. they have been terrible over the past 10 years. you had a situation where all of a sudden, we wrote about this in a book where we talked about when you have asset classes are down multiple years in a row. it is a rare scenario for them to be down to the income of three years in a row. you saw this happen with emerging markets in commodities and ending in 2015. in 2015, no one wanted commodities. universally

mark: he could issue a subpoena. he'sessiveear hel. how lling to be. hence, that gution -- discussion about whethere would indict president trump. he tends to play things by the book. it's not clear how the president would respond. it would quickly escalate if he rejectedth it. reason that rudy giuliani has to be soeful on this question is that i think a lot of his lawyers or several lawyers would argue there are manyisks for h speaking to the special counsel because many of the things the president h said to date have been proven wrong or contradictory so i think there's a worry on the part of his legal team him in front at thef o m devlin,iuliani d.j.o asserted that the d.o.j. and mueller c the rgesident, that it would endan'p in the hds of congress. is that ttm justice dept's standpoint? devlini thinkanas e tthus talk to lawyers aroundn an many flabbergasted bf t thiny an oiuli i ho here i a general understanding in inhe jti deptm thitiptincri presidelent is not to be indicted. tested mp coelpo lsitetiony oatf the justa i rtint doueepkarth ienllt ms

mark: i'm mark barton. vonnie: i'm vonnie quinn. this is bloomberg markets. with growing concern over the reliability of the vex investors continue to pour money tracking the gauge. regulators probing the benchmark. .e are joined by karen kristen were people ever dependent on the so-called reliability of the vicks? karen: it is distinct from realized volatility. popularity.grown in certainly a lot of specular and he the recent spike at the beginning of february was tied to some of those products. we think it is also tied to market sentiment and concerns over trade. syria and the news that was sort of in the backdrop but not bubbling forward into the market. what have clients been asking you? institutional solutions, you must have had institutional clients. below forat 10 maybe so long and then a spike. where they asking what to do about this? karen: they absolutely were. before we saw the spike in february it hit down to nine images what we saw in 2007. there was a lot of concern about what this means. how could it stay low for so long? when the vicks was sus

from new york, this is bloomberg. ♪ mark: i'm mark crumpton, with first word news.andalism marking mayday in france. thousands of demonstrators marked across paris to oppose the economic policy of the president. police say about 20,000 demonstrators to art. the violence was blamed on what was described as hundreds of masked individuals. in britain and the eu they are still trying to find common ground over the irish order issue, which reportedly poses the greatest risk to a final deal. talks resume this week in brussels and the people saying there must you a solution by the end of june. the u.k. deputy president secretary davis addressed the issue today. >> its october, if we hit the commission timetable. we will deal -- detail that in legal terms as october be the departure. that's a better target, of course. u.k.'s preferred option is to avoid the need for tariffs and goods checked at the border between ireland and northern ireland. the united nations security council delegation has visited the former home to hundreds of thousands of rohingya muslims who fled the

with help from an inheritance the marks family could move to a middle class apartment mark steyn spent much of his time in the british museum's reading room where he worked on his most important manuscript. the first volume appeared an eight hundred sixty seven copy time capital of political economy. marx presented it to his publisher with the words. i don't believe anyone has ever written so much about money who has so little of it. in the u.k. unfortunately we're so used to move with marks and spencers which is a retail brand but because the culture i don't think is developed and i was much about karl marx as we should anything that's a little plaque on the house that you see here but i don't believe he wasn't british though to which he was he might might be in germany or something that i think about season is clearly a very much a political philosophy that aspects of which are still subscribe to people like jimmy corbin and that sort of thing in this country. clearly it's opposed to capitalism and here we are right in the center of capitalism in europe it's a real issue i think ther

mark, i'll start with you.y it is so important to go silent, not just today, but every day. >> well, erica, the iraq and afghan veterans of america actually had this great idea of taking a weekend that really is the end of the summer, it is the start of barbecue and beer drinking season for those who have just gotten out of school and their parents. so it is a fun time. we should be having fun on this weekend. but what they asked everyone to do is to pause at 3:00 this afternoon and take a moment to reflect on those who have given us our freedom and defended the constitution since 1783. it is has been a fascinating trip . if you look at all those who have given their life, made the ultimate sacrifice in america's various wars when they have been called and asked to serve, it is appropriate that we actually spend a little bit of time to do that. the reason i do it every day, truthfully, i have a box on my desk, which i talked about on cnn before, that has 253 cards in it, with pictures of soldiers, sailors, airm

and how long do you give marks & spencer? the moment they do not have a reason to go there. fascinating, thank you for coming the families of the people who died in the grenfell tower fire have been remembering their loved ones on the third day of the public inquiry into the disaster. 72 people died after flames engulfed the tower in west london lastjune. angus crawford reports. child speaks in her native language a voice from the past, and message home to the family she loves from a child on holiday. fathia hassan, just four, hugging her three—year—old sister hania. 0n the left, their mother rania. all of them died in their flat on the 23rd floor of grenfell tower. thank you, bye—bye. in the enquiry room, total silence. the chairman visibly moved. it's difficult for me to explain how i feel now she's gone... rania's niece aishia gave a video tribute on behalf of her mother who is too ill to speak herself. i watched her grow into a young woman. i prepared herfor her wedding and helped her put on her wedding dress. i was there