marty: of course that is a possibility. if you look at huawei, they look to be at a place where they cannot exist without forming alliances in europe. it could wind up being that while way would have to turn to european partners in order to survive and basically give up on the u.s. market. there are all kinds of supply chain and relationships that could be formed out of this that no one calculated. guy: sarah, the longer this goes on, the more top it become -- the more tough it becomes for the united states. does that make it less likely we see other countries being dragged into a trade war with united states? here in europe we are carefully to see how this will develop. the tougher it gets between china and the united states, does that mean will go easier on europe? sarah: i would not say that. i think these are multi-pronged strategies. that being said, the trump administration removed steel and aluminum tariffs on mexico and canada. we saw them delay the auto tariffs that would have hit the eu and japan. putting thoseo b

vonnie: marty schenker, does this make things any easier for the trump administration? is impeachment more possible after this statement? marty: as kevin rightly points out, bob mueller specifically said there is no judicial avenue to litigate what their investigation found in terms of obstruction. the only form for that is congress. nancy pelosi has been trying to fervor down impeachment among her more aggressive members because they feel it won't play well politically. that may be true, but i think that bob mueller today probably puts more pressure on nancy pelosi to placate the people in her party who want to see a formal impeachment process underway, and soon. vonnie: he kept coming back to the report and said it is important the written word speaks for itself. "we chose those words carefully." what about the unredacted report? marty: i got a sense that he didn't view those as particularly provocative or important in the overall context of what his report found. i think if he had a real issue, he may have made some allusion to that. i don't think that's a particular

marty! (marty) i'm going to stay home and watch sid caesar. you goin' to die without a son!. i will die without a son. marty, put on the blue suit. i'm a fat little man, a fat, ugly little man! (sidney lumet) you were coming to their homes. this is a new experience in the history of entertainment and i don't know whether we know its significance yet. (charles champlin) it was a time of terrifying transition. television was taking hold, the graph of television sets and uses climbing like this, and the graph of attendance was going like that. (music playing) (clicking of movie projector coming to a stop) hey, that was a good movie. yeah, seen it here before once. well, s'long, miss mosey. sorry you're closin' the show. nobody wants to come to shows no more. got baseball in the summer, television all the time. won't be much to do in town with the picture show closed. yeah. (charles champlin) hollywood was in a very peculiar period then. you had a curious hesitation of leadership in the industry, and i think they didn't quite know how to cope with tv. (upbeat music playing) (jon

marty schenker, thanks so much for being here.new york, this is bloomberg. ♪ david: you are watching "balance of power." i'm david westin. six weeks is all that took for seven national and international companies to announce expansions of their operations in arkansas. bolton by the governor's program to create a climate in the state that is friendly to business. we welcome governor hutchinson for today's conversation. i want to talk about the economy and business in arkansas. first, you have a big disaster going on with the floods. where do things stand? gov. hutchinson: it's a great concern. in fact, i'm cutting my trip short so i can return back this evening. we have volunteers, communities that are sandbagging, trying to shore up the levee system and karen the flooding even to a greater -- prevent the flooding even to a greater extent in our communities. people are moving their belongings out, trying to get to higher ground. untilnot supposed to peak later this week, so we are watching moment by moment as it rises, trying to pr

you agree, right, marty? marty: i agree. [laughter] marty: don't try to over interpret the strategy here. it is basic self-interest at work on both sides. alix: thank you so much. we leave it there. we are going to cover trade throughout the whole program from some different angles. you can find all of the charts at gtv on your terminal. coming up, more on the trade talks deadlock with absolute strategy research's chief strategist. this is bloomberg. ♪ david: this weekend we got a sense of how far apart the u.s. and china may be on coming to terms of trade come up with president trump tweeting things could get more difficult, and chinese vice premier liu he saying things could have far to go. "we hope our u.s. colleagues understand this. china firmly opposes the trade war, but is fully prepared for it, and will deal with it rationally." we welcome on the telephone alpine micro's co-founder and -- co-foundero's and chief macro strategist. play it from the chinese side. do they really feel pressure to make a deal at all?

marty: that's right. let's not be too fine with this point that warren buffett sees a real opportunity to make an 8% return. [laughter] marty: it is no more strategic financeoes help occi and puts them in the driver seat on this acquisition. i would expect them to abandon the chevron deal pretty soon. david: it was also interesting who was the midwife on this. who calledn moynahan up warren buffett. peggy: it is interesting the connection there. as marty said, i think become competition of buffett's financing and the extra cash they are getting for the company wille last 24 hours or so potentially dislodge some of the shareholder resistance. alix: it is also interesting whether or not this is going to be a spark for more m&a. occi is saying this is a specific deal. if they don't get anadarko, they don't want to go by something else. peggy: it underscores the value of this permian basin. that is where these two companies, chevron and occi, are really battling for triumph. david: bloomberg's marty schenker

marty, you said trump is intelligent and right on trade issues. a lot of big american ceos tonight disagree with you. >> i did say that and believe that to be the case. a lot of the ceos, many are dealing with individual company issues that are important to them. especially in the public market sector as it relates to the long-term interests of our government and our country, president trump is 100% right. i think he showed great courage. he said 3 or 4 administrations and the congress swept this under the rug for 20 years and prior to 2000 when they went into the wtl, so he and his team have done a tremendous job. they understand it. they will deal with it. and have dealt with it well. >> laura: rick, you make apparel and sneakers. a very big company. a you are very upset tonight by the escalation in this on-going negotiation with china.sc tell us from your perspective why we should continue business as usual with what we know china is doing on trade. >> well, laura, first opening. -- beautiful opening. i don't agree with everything you said. >>

>>and i were looking for these morning clouds again marty in and should clear up for the afternoon a mostly sunny, but a cool spring today is what we got into law right so you on a pretty decent a seven-day forecast to of a warm-up going on here but nothing too crazy. here's a live. look of the golden gate bridge very familiar shot that we had from yesterday again it's that fog type of cloud situation. it's the marine layer just starting to left before we get to mixing out. here's the shot coming in timber on down looking over the golden gate off towards a distance so that fog how quick it is that disappear pretty quickly and not only that look what happens as we get around the noon hour. we take care of it along the coast couple little problem spots there looks like our around stinson beach a little bit of problem there, but looks like it clears out very nicely over all areas before noon. we do still have that cutoff low that's around our neighborhood but it's far away from us at the effects are not being felt really too much. now with this is really all that marine layer cloudiness

marty all right dave. thank you.ing story a texas man is in custody in the case of a missing 4 year-old girl. >>malia davis houston police say the blood evidence was found and linked to the girl sally mamdooh reports that the suspect is molly a stepfather. >>molina davis's stepfather darion vence once a person of interest in the case of the missing girl now facing charges on saturday morning this was you arrested in sugar land at a relative's home and charged with tampering with evidence namely human corpse. houston police say their investigation revealed in consistencies in vince a story about aliyah was abducted. police say even though this reported his silver nissan altima was stolen during the abduction surveillance video showed someone in that nissan altima dropped vince off at a sugar land hospital on may 5th. aliyah was already reported missing. police say blood evidence found and this is apartment has been linked to malia then in the same apartment. this image surfaced showing vents carrying a full laundry ba

this in time the suffering a bit marty ok, thanks. a lot.s we wait for the next round of rain to hit the bay area they are still cleaning up 5 in the opeast bay, especially from saturday storms. >>a tree along the creek was toppled in nearly missed a house kron forcefully chagall spoke to that relieved unlucky homeowner. >>it stood tall for at least a 150 years but with a little rain a solid just like an explosion something blew up this oak tree on valley vista road near oak grove road split falling into the canal below it in walnut creek behind pierre paulin caused so >>thousands of pounds like collapse here. i won't say them that. >>nobody was in the contra costa county public works crews responded handing the cleanup off to a tree removal company, public works as the tree fell mostly because of rotting but the weather accelerated the snout. in hayward people without shelter willing to trespass to find cover. it didn't take long for the roads to become soaked for a saturday, fewer people were on the streets and for those who had no choice

marty: it is not a coincidence. we talked yesterday about the g20 and the fact that donald trump and xi are going to meet. there's a lot of expectation that there will be some breakthrough on trade. i think the likelihood is just as easily that there won't be, and then there's $300 billion more tariffs on chinese goods, and that will really hurt the economy and consumers. draw ind that monthly sox is the worst drop since 2008. david: a monumental year. lisa: there you go. david: sticking with the subject, it has been pretty glum only trade front, except president trump yesterday may be opened the door just a crack. listen to what he had to say. it was interesting. pres. trump: huawei is something that is very dangerous. you look at what they've done from a security and military standpoint, it is very dangerous. it is possible that huawei would be included in some kind of a trade deal. if we made a deal, i can imagine huawei possibly being included in some part of a trade deal. david: let's put aside why it is less d

political blogs in the country today me to see my exclusive interview with controversial blogger creek marti his story has taken him from the heart of the u.k. foreign office establishment becoming one of the most radical political bloggers across east islands. in the show last week we heard ty the glittering prizes of a career in the foreign office were snatched away by his determination to oppose the abuses of human rights in a spec a stand where he was posted as a den youngest uki on buses or in the diplomatic service but the moment they tried to blackmail me about going to go under any circumstances and then they got themselves into a fight because i was absolutely furious as you might imagine and this show we complete the story of how he came back to public prominence as a fierce and to stop a sprint critic and one of the u.k.'s most followed political blogs the longest number of viewers i've ever heard for an individual article was 1200000 on my own blog and you must remember that of course you can multiply because popular articles always reproduced all over the internet but 1st your t

we hope that this in-depth interview with craig marti has offered an insight into the characters of one of the most trenchant critics of u.k. foreign policy and fiercest advocates for the global protection of human rights has focused not flashy on the state's pretty dimensions social media terms its popularity is sustained on content alone he has often been criticized as the conspiracy theorist in kraken self admits the some of his c.d.'s have proven to be mistaken tell us 1st critics that a number of us conspiracies have also turned out to be based on fact rather than fiction has dogged pursuit of human rights discourse critic marty very dear in personal terms however information obtained by torture has been shown to be both unreliable and counterproductive while extraordinary rendition has been exposed in both the legislatures of the usa and the u.k. if that is the sadness it is this once the u.k. foreign office seemed to recruit a measure of free spirits clearly they are not considered too hard to handle is it ministration of u.k. policy better served as a result i would doses one of

marty: good luck with that. in many cases, the economic sense does not translate into political consensus. look at deutsche bank. when you think about cross-border acquisitions, that is a nonstarter. the. same is true with the auto industry. it may turn out that this is just wishful thinking that this deal could actually take place. alix: was it 10% that france owns of renault? no, have team percent. -- no, 15%. lisa: and it would go down to 7.5%. about thatll talk and much more over the next couple of hours. thank you so much. a reminder, you can find all the charts we used and more. terminal on your and browse the features. coming up, more on the rush to global bonds with fidelity's head of global macro. 10 year yields at the lowest since october 2017. this is bloomberg. ♪ viviana: this is "bloomberg daybreak." global payments agreed to by total system services in a deal valued at five point -- at $25.5 billion. the transaction will be announced today. shareholders of global payments will own the combined

schenker,a and marty thank you for being with us. now let's get headlines outside the business world. viviana hurtado is here with first word news. viviana: china making its position clear, and has no intention of making concessions to the u.s. to restart trade talks. the ministry of commerce saying the u.s. unilaterally escalated tensions. if it wants to resume talks, he needs to correct what it did. china blames the u.s. for escalating the trade war by raising tariffs. the u.s. blames china for backing out on parts of the deal that were already settled. indian prime minister narendra modi surged to a lead in the country's six week long election , set to win more than the 272 seats in parliament needed to form a government. that is seen as an endorsement s nationalism and populist economic policies. u.k. prime minister theresa may hanging onto her job by a thread. high-profile cabinet minister andrea leadsome quit. she said she doesn't believe the government's approach to brexit will honor the results of the 2016 referendum. a growi

next week looks pretty good to take a look at that extended coming up in a bit as well marty ok thank'sontinuing to follow breaking news this morning that deadly crash on highway one near brisbane. >>one northbound lane is open but 3 northbound lanes remain closed. the fiery crash happened just before 1 o'clock this morning, south of sierra point traffic has been diverted off the bayshore boulevard off-ramp there you see crews at the scene and just what a what a mess that was earlier this morning chp says a one point a tour bus and several other vehicles were engulfed in flames. one person was killed in this crash. 2 others were taken to the hospital. we don't know the extent of their injuries just at this point. investigators are still working to a figure out what working to a figure out what caused what appears to be a least a 3 car pileup involving and one of those vehicles being in a tour bus as well. we'll continue story for you on to another big story that we're following for you we're learning more about the woman who is accused of posing as a nanny. her name is darlene monticalv

so nice weekend we'll have more details on that just a bit marty all right dave thanks a lot get to the news this morning happening now barred is doing some work on the tracks between the concord and pleasant hill stations so that section of track is closed this weekend. it will also close on memorial day weekend. so bart is offering free bus service between those 2 stations and bart says whoever is traveling through that area should expect about a 20 minute delay. it was a mass most of the day friday on highway 6.80 near pleasanton is traffic was slowed to a crawl for more than 18 hours after a semi truck flipped over in the early morning hours kron four stand for and has more on the cleanup process. >>this big rig was finally op right around 8 o'clock friday night after crashing around 2 45 in the morning traffic along 6.80 southbound near pleasanton was forced to crawl as crews worked to clean up the wreckage from the accident. commuters were especially dealing with the snarl near rush hour. the closure of the far right lane between bernal avenue and seminole castle would road pushed

everybody, i'm marty gonzalez.ot so face a silver lining here on the d a smoky cloud or whatever so we have a wet day today, no mistaking that on a time the rate the times the rate. >>the heavy coupled with some winds. tomorrow you ask that score the more they scattered thunder shower event that means they'll be breaks in the rain not as heavy are not as much in terms of collection of all of this. we follow the progress and a this is a little exaggerated a pair of the north bay but you get the general trend of how it's going to start and flush out throughout the entire bay area we're very familiar with seeing this type of stuff. but typically we see this earlier in the season, this is not mid-may type like weather late may now. here's a look at the golden gate bridge you can see again it's overcast we're waiting for the rain to come in u c berkeley, the same shot there at least we can make out though the east bay shoreline in the bay there off towards the distance, future cast for with that fog. yeah, it's goes awa

marty, i have heard that tariffs will destroy the u.s. economy for the last 3 years. what are the chances of an inflation raging through our economy? if you are saying this will destroy the economy, we have to see signs of inflation. no economist i read sees inflation. >> i think the answer to it -- and it kinds of the same old rhetoric. first, china comes at our market and hijacks american capitalism with the keenness of a government rundown by a political dictatorship. they don't play in our structure, but they harvest the fruits of our structure. they are aggressive and predatory. this is not new. the clinton administration trade people after clinton orchestrated a proposal with china, their people pointed out what could happen. there was a great article in 2000 that laid out what could and probable would happen in the wto. bush sustained it. it's not political. it's policy. congress got it wrong. over half of them. they allowed china to come into the united states and work by their rules. >> laura: rick, the people who say this is not the way to go. okay i say to

marty: i'm sure he is. david: he really campaigned on ring the economy back, and tax cuts -- on bringing the economy back, and tax cuts in particular. marty: he called it a miracle, and by all measures it sort of was. what is interesting to me is the promise to crack down on banks and raise taxes on wealthy individuals, and the australians basically said no, we like things the way they are, so morrison has a majority and can implement some real economic change. alix: the question is, does it help that there is a trade war and china is also struggling? a week ago it was about cutting rates, and now this. lisa: what i find interesting with both the australian and indian elections is the fact that we are looking at the more populist, radical, left-leaning governments not winning. this is different. i thing it is really important to highlight this because we were talking about the wave of populism. this is the opposite. this is people saying we are not willing to risk some sort of financial collapse or paying f

we've got scattered clouds it looks like to the remainder of the week marty. of course a day to remember and honor those who have died while serving our country. >>so we thought we'd take the opportunity to rumor to remember those who are currently on active duty. our health expert colonel joins me this morning with some around boosters to help support the men and women in the military and that this time of year of course we want to make sure that we remember the men in talking about this is just amazing some of the things that they need right interesting that they need some basic. >>supply, yeah, and the blue star moms to come in to help one of the many organizations are coming to fill that gap right so their mission is to provide some care packages and more the men and women that are overseas let's take a look at some of the some of the items that that they can really use that travel-size toiletries you know will shampoos into pasting wouldn't think you're with city uh yeah. >>peanut feel that's a good. that's a good protein. some sure it can have and in us

marty: neither side is backing down.discussions get opened. steven mnuchin flying to beijing. right now, there are no talks scheduled and if the pain gets great enough you might see impetus to start the discussions again, culminating with a trump visit. tom: i was taken with the dialogue of republican senators and the president basically baloney. there are some fractures among midwest senators. what will you watch for from the farm belt? marty: they are trying to be constructive. tom: and the verbiage i have seen, no. marty: chuck grassley has been very clear he does not believe tariffs are the answer to solve the agricultural problem, and he and other farm state republicans are making that case to the white house. tom: ellen zentner has been beautiful -- brilliant on a slowdown we have been talking about. with the caution of your equity team, i want to you to reaffirm holistic economics from morgan stanley. can you say you are the most conservative on the street and you are looking for a set of lower yields, dampens gdp

. >> marti. then we'll go to paul. >> mr. chairman, marty with the ap.epeatedly said the fed will conduct monetary policy without regard to outside political pressure but seems like the president is intent on increasing that political pressure. yesterday he said you should cut rates a full percentage point and start quantitative easing. what do those comments do in terms of affecting how you pursue policy and how you convey your decisions to the public? >> yeah. so as you know we are a non-political institution. that means we don't think about short-term political considerations. we don't discuss them. we don't consider them in making our decisions one way or the other. and what we're, what we're always solving for in our process in our work is to carry out our mission to extend the economic expansion, keep the labor market strong and get inflation around 2%. to give an idea of what our process is like to put all that in context, for the past 10 days all 17 fomc members will have made extensive preparations. catching up on the latest data. reading all th

chairman, marty with the ap you have repeatedly said that the fed is going to conduct monetary policyhout regard to outside political pressure. but it seems like the president is intent on increasing that political pressure yesterday he said you should cut rates a full percentage point and start quantitative easing. what do those comments do in terms of affecting how you pursue policy and how you convey your decisions to the public >> yeah, so -- as you know, we are a nonpolitical institution and that means we don't think about short-term political considerations we don't discuss them. and we don't consider them in making our decisions one way or the other. and what we're always solving for in our process, in our work, is to carry out our mission which is to extend the economic expansion, keep the labor market strong and get inflation around 2% to give you an idea of what our process is like, maybe as a way of putting all that in context for the past maybe ten days, all 17 fomc members will have made extensive preparations catching up on the latest data, reading all the memos, talking

cut marty milsom is one of the few people here who has managed to turn could you into a job for yes he has been developing career graffiti and putting dance groups together they perform at parties concerts and festivals my team is something that's best known could nuru ambassador. to make up for the get cut for the road but i mean the only noticed for me is the best music in the world it's really it's happiness could do is dance and movement was. her i was going to look at north but it's a mixture of young woman simba and techno you mix different elements and create something totally new and beautiful with me and. i this all came together in tempe sangat a huge slum with almost three hundred thousand inhabitants here there is no electricity drinking water oh god which connections but one thing these people will never go without in some use except. i think somebody is great that doesn't mean i know the negatives but to be honest i can't imagine living anywhere else will come up and the bible talks about cutting my sunday sun in slightly and culturally dynamic and come. home to plenty of

developing career graffiti and putting dance groups together they perform at parties concerts and festivals marty manson is. best known could lure you ambassador. but your kid was such a good guy he was such a poor but i mean on the list for me is the best music in the world it's really it's happiness could do is dance and movement was. her i was going to go up in north but it's a mixture of young woman simba samba and techno you mix different elements and create something totally new and beautiful one minute that. was this all came together in tamping sangat a huge slum with almost three hundred thousand inhabitants here there is no electricity drinking water all got rich connections but one thing these people will never go without is music. i think somebody is great that doesn't mean i know the negatives but to be honest i can't imagine living anywhere else will come up and then i go talk. to somebody sungai it's lively and culturally dynamic and come. home to plenty of musician. yes and dances and calm too could do. the job with a little bit of break them down the sun goes you can dance the po

change in formation has been completed and thanks very much indeed marty's director of the tripoli based institute he says it's not the first time a ha ha ha ha has targeted libya's large turkish community in the first seventy two hours of. the detainment also the coach laborers and. workers were in the east of the country and labeled the. suspects a. generous base and many of them working for the national corporation working for looks like it's construction companies in the city so it's very very difficult to get a seat and we were out there is going to be on the ship. and anything that will say that unsubstantiated claims that he's been making for four or five years but it's nothing new i mean the claims that have been made several that they have communication equipment they have no reason to believe as the libyan these claims are being made at the last four years that that was the case of the boy that cried wolf. venezuela's president says he's in control as the opposition leader has called for more protests on wednesday he says nicolas maduro doesn't have the support of the armed for

d'or for the very 1st time the film at lente could make cinema her story of the senegalese director marty deal. needed. black people to screen like shoes like everywhere. i'm christine wonderwall come to me is africa i'm fat here today in malawi is president is seeking a 2nd 5 year term as the country votes in a general election on tuesday the 78 year old is up against 6 other candidates including his vice president. who is 32 years younger than him but opposition leader lazarus chalk winner is seen as having the best chance against the incumbent in an election where the economy and corruption are the main issues with a population of about $20000000.00 is one of the poorest countries in the world it's also one of the youngest 70 percent of people are below. the age of $33.00 and crash but together this report about the tactics candidates have fused to appeal to the youth. fans are waiting in anticipation to see what new surprises in store vice president and u.t.m. candy did sell last cheney must past election campaign release have become known for their creativity at the age of 46 he's th

marty schenker, thank you so much.eam today, exceptionally busy in the next three days. a conversation with carla hills, always straight talking, the u.s. trade representative in the 8:00 hour. this is bloomberg. ♪ ♪ there is nothing wrong with wait and see. growth has been good and they have got to react. they should stop forecasting. forould be a huge mistake american policy to be set by the stock market. i never worry that much about it. francine: that was the j.p. morgan chase chief executive on the fed and u.s. policy. still with us as priya misra. when you look at the fed, they could move down or up in interest rates, what concerns you most? is it mispricing rates or yield curves that could be back to inversion? priya: the market is pricing in too much risk of near-term rate cuts. what we heard from the fed, and continue to hear the same message, the economy is ok. growth is certainly slowing. we were growing around 3% last year and now it is 2% but that is still trend growth. if inflation gets closer to 2%, the

marty, thank you. here is courtney donohoe. president trump delays -- president trump plans to delay tariffs on auto imports. he will avoid this for six months. the tariffs would be based on the same national security grounds for the controversial u.s. tories on steel and aluminum -- controversial u.s. tariffs on steel and aluminum. there was a surprise slumping u.s. retail sales last month. sales down .2%. that is the second decline in three months. andsales were soft purchases of building materials, suggesting consumer spending remains subdued this quarter. president trump plans to impose a major restriction on telecom -- on foreign telecom companies. they would be banned by using equipment by overseas companies that pose a security threat. they have already singled out china's huawei. they say the new move isn't aimed at one country. global news 24 hours a day, on air and on tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm courtney donohoe. this is bloomberg. guy? guy: tha

during the holocaust and could have regularly documented it on instagram and israeli tech entrepreneur marty called harvey personally financed the project and together with his daughter directed it with the help of social media they're trying to establish a new way to remember the horrors of the holocaust museums and booksellers for mean portent we bring them in a meaningful and serious way into the social media and allow children and young people to learn about it and young users are already starting to discuss even a story online many have suggested the effect heavy instagram portrayal is too superficial for story of such suffering others appear to be impressed we break yeah yeah but the media. has traditionally been in the past so i would say that was a little bit taken aback thousands are now learning about the fate of a high nun she gave her diary to a neighbor shortly before she was deported to auschwitz it survived she did not she was murdered in october of nineteen forty four. and the presidents of france and italy have begun formal commemorations to mark five hundred years since the

she's made to marty just me for him to take back to the host of. you to number two we're doing a dimity literotica here. everybody's a warlock there when i was. younger. then remember looking. for a little. john he did he is a non kumar's mother she's a vital part of the family business my but she'll be a comment about. being with your partner in this. look. i tell. my mother like to have. a kid and the last thing. to look all kinds are the people who have come here. how the mathematics mathematics. possible and. you may write. much. for off. the. new one. they have a global soul cat they know the member named by. who may have been the bond. markets of another thank you. going to last. more. than. its april harvest time in deal cali village everybody's working to bring in the wheat. after seven months living in the city some of the super touchy on losing touch with their rural background feel. in previous years on look would have been helping his family not any more it had the mold. and that he had at the. back but i may add that the manically had

they just want to push their interests in iraq and force marty to do their bidding just like in saudi arabia they come list their demands and then leave. iran on the other hand has been working hard on increasing its influence in the country for years it supplies energy and markets here a full of iranian products supporters can be found in various positions of power. after the us occupation from two thousand and three to two thousand and eleven and it iran has worked on strengthening its influence in iraq politically economically culturally and also through its intelligence services but that's where they're encroaching on the interests of the u.s. the. security is elusive an iraq war has left lasting and deep wounds here people long for peace and stability and want to avoid seeing their homeland once again becoming a battleground of foreign powers. iran is also on the agenda were e.u. leaders are meeting for a summit that's in the remaining town of seaview the gathering comes as the bloc prepares for crucial european parliamentary elections next month. well joining me now from that su

to escalate things so diplomacy is the way forward but nothing more they can offer are other gail martis at that you summit in romania get your thank you. well here's some of the other stories now that are making headlines around the world north korea has fired two suspected short range missiles into the sea their second weapons launch in a week north korean leader kim jong un defended the actions which happened earlier this week as a regular military exercise hours after the second missile firing the u.s. seized a north korean cargo ship it said was used to transport coal in violation of sanctions on the country brazil's former president michel has surrendered to the country's federal police on charges that he led a high level embezzlement and money laundering scam well that came after a court reversed an earlier judgment that had set him free more than one hundred fifty people have been convicted and hundreds more charged in the corruption scandal known as operation car wash. francis has issued a groundbreaking new law requiring all catholic priests and nuns to report clerical sexual a

an hour marty schenker -- and our marty schenker.omatic investments. we will ask about oil and gold. this is bloomberg. ♪ viviana: this is "bloomberg surveillance." let's get the business flash. nissan opposing efforts by continue -- talks have been ongoing. report its lows annual operating profit in a decade tomorrow. softbank's vision find is investing $800 million in a british fintech firm. alternativevides supply chain funding to companies. it has delivered annual growth of more than 100% since 2015. bitcoin has surged above $7,000, -- highest price since the september. other codes or also rallying. since mid december, bitcoin has more than doubled. still, it is a long way from its than $19,000.ore tom: thank you. stephen roach with us. his book on codependency. really arine mann, great level of success in this codependency theory. we have martin schenker with us as well. i want to talk to you right now about the codependency's of the fed that you see. ideat to go to you and the you had -- it is interest rates and unemployment, b

well marty unearthed we learned that the two. men. are now kit grown our prison in the eastern city which is under the control of forces loyal to the warlords have been and by the way this is a very infamous prison some people here call it it's like a prison in in iraq and there are many people who have been imprisoned in there in. a horrible stories about torture and human rights violations there and there is no human rights organization has been able to reach prison have to his forces control. it and. they were captured by have to his forces on the twelfth of april and guess have been a hold of tripoli when the air moved on the capital tripoli from the southern part and. accused them actually according to. media outlets they accuse the two workers at the restaurant workers the accuse them of are being spies which. to officers to officials denied and the also confirm that first of the officials confirming that the two men have no relation with the neither the government the government nor the turkish intelligence we know that this is

marty: i don't know that the trump base uses bicycles all that much. francine: fair. have taken this quite calmly the last few days, notwithstanding as tom pointed out, markets are essentially unchanged from six months ago. failure in these talks immediately will cost donald trump anything with his base. many democrats support the tough stand he is taking with china. is armed witha some powerful market weapons, including renminbi, devaluation, and treasuries. will they use that? david: certainly. if there is no deal in the next they go four days, if back with nothing to show for, the chinese will have no choice but to retaliate. given that they do not import quite as much for the u.s., it will have more limited implications. this is why the rmb is interested in trade. i think rmb has limited upside because the u.s. is only insisting on stability, however if there is no deal, i think the chinese will probably likely resort to rmb weakness. tom: give me a percent. david: 2%, 3% move. tom: we are advantage by a recapitulation of trumps theology -- trump's theology in the

marty: i think trade more than iran. saying that donald trump's tough stance on china is welcome. on iran, there is real danger there. iran is a bad act -- bad actor. they wanted addressed and whether they do it this way or through diplomacy is the issue for democrats. tom: i have got to bring up this chart right now. this is too important. john from coventry emails in. i am going to pronounce it wrong, it is ajax except it is -ix or something. this is a dutch stock. they will kill the talks. thank you, john from coventry for emailing in. a lot of discussions through the morning across the bloomberg. wendy cutler, former trade negotiator, in the 8:00 hour. ♪ ♪ "surveillance," francine lacqua in london, tom keene in new york. futures and the yen, 109.78, a weaker japanese yen. cautious on the economy and priya misra pushing back against the gloom. peter hooper of deutsche bank has been outstanding in his economics and in developing extraordinary research capability at deutsche bank. the easy media question -- who is right

marty? >> hi there. my name is marty reagan, and i'm a director at s st. anthony's. i have to say i'm really taken aback by the hatred. i go to all of these meetings, and i feel it. it breaks my heart as a san franciscan. i work every day in the tenderloin. i live in the tenderloin. i have a son, and we feel safe, and we have love for our neighbors, and i don't feel that in this little section of district six. these folks that we're talking about are families, 70% of whom were born here. most of them have lived here longer than you guys. those are people that need to be sheltered, loved, and connected. not hated, rejected, and marginalized. there's so much hate in this city right now, and it's heartbreaking. i beg you to come to st. anthony's, come to our community. spend time. talk to a homeless people. you use the word import? import? these are human beings that live in the city. what do you mean by import? they need help. connect with your fellow san franciscans. this is about people dieing, not your god damn property values. i ask you to help, not hate. thank you

let's bring in marty schenker.ll of the reasons being given, will this be seen as an escalation of tensions between the u.s. and iran? y: there's no question that whenever you at forces to a volatile region it will escalate the chances for unanticipated confrontation. there were reports circulating over the last days that it could be as many as 10,000 troops. is not as serious as it could have been. anytime you put u.s. troops in a volatile area it puts them at risk. the president has always insisted he does not want to entangle the united states and another conflict. he was clear about that as he entered office. are we starting to move in that direction? you say he has put a number of pieces of kit into the theater. we have an aircraft carrier, we are now upping the level of troops. these things can happen and happen by accident. how determined as the president to avoid a conflict? marty: i think donald trump is acutely aware that getting the u.s. in tangled in an armed conflict in that part of the world would be

host: let's go to marty from wyoming, and he opposes the equality act. caller: it's a she, but that's all right. we asked the proponents of the bill to define sexual orientation. does your bill define sexual orientation? any futuretemplate permutations of sexual orientation? we understand the american psychiatric association is on pedophiliaf deleting from the dsm, naming it a sexual orientation. does this bill contemplate future iterations of sexual orientation? fine: this bill does the sexual ideations very clearly as homosexuality, heterosexuality, and bisexuality. it is a clear definition that does not cover criminal behavior or activity. host: let's talk to robert, who is calling from portland, oregon. robert supports the equality act. caller: good morning. how are you this morning? guest: good, thank you. how are you? i'm doing great. i wonder if you have some information for me on the matthew shepard law. guest: yes, the matthew shepard law passed in 2009. it was an amendment to our hate crimes act that added sexual orientation, gender identity, a

we want to thank peter and marty .oming up, we are going to continue talking about the trade tensions between the u.s. and china and how they may impact the fed's rate hike path. more on our special coverage is ahead. this is bloomberg. ♪ joe: amid worries about the u.s.-china trade spat and the economy, traders are more convinced a rate cut from the fed is coming this year. chairman powell noted previously that negotiations were a potential risk. hrere is more. tradersy, risk-off, predicting a cut this year. that's clear enough to understand. but is it so easy for the fed to cut in a downturn if the source of attention -- tension are tariffs and potentially inflationary tack -- catalysts? >> for that to filter into the domestic economy -- so far, the domestic economy has been doing really well. consumer stocks, doing just fine. what worries me is what happens to business sentiment. if we get a crisis of confidence and companies stop hiring and investing, that's what could trigger some sort of reaction from the fed. ro

marty: clearly, the u.s.r marker in the sand that they will not allow china to take u.s. technology and gain ground with it, which it has done over the past many years. and it has taken donald trump's administration to say starkly that they will not sit still for it. it is rather fascinating. you really have to separate it from the trade issue. they are different issues, although they get to the same place, which is china's ambition to be dominant and challenge the u.s. force of promising -- before supremacy -- for su premacy. francine: thank you, marty schenker. jonathan golub stays with us. coming up, david westin interviews mario no wilson. this is bloomberg. ♪ tom: good morning. "bloomberg surveillance," francine lacqua in queen victoria street in london, tom keene here in new york. deutsche bank at an all-time low -- says it all, doesn't it? francine: yes. and there is downward movement to a lot of these european banks. they kind of move in tandem. deutsche bank has extra issues, because investors are tr

the good news, marty, is that for the last 24 hours or so, we've seen the rain stop. and that has given floodwaters a chance to recede. remember, a lot of these areas that are flooding is part of that bayou system of rivers and creeks and tribute tes that run their bay through the gulf of mexico and pop up with flash flooding during periods of intense rain. this is a city used to this kind of flooding but in the last 24 hours, it comes at an inopportune time, giving the floodwaters a chance to recede in many areas of the houston area. but more rain is expected later today. so we'll see how the city and in the southeast texas area will be able to withstand that as that storm system moves into the eastern part the country, as well. all of this coming also at a time when houston area emergency officials are dealing with a tanker in the houston ship channel that was almost sliced in half after two vessels collided yesterday afternoon. 25,000 gallons of a gasoline product spilled into the houston spi ship channel. there has been almost 1600 feet of boom laid out to try to

them a bunch of money and wall street guys come around and they take them out to launch that thomas marty is and then they sell me a bag of worms and some a lot of garbage most toxic risk on wall street is sold into these public pension funds where it goes to die that's why their returns are so. this is. worry about what happens auster a stray bullet kills a young girl in the streets. what happens to her family and daughters in florida you know the mother daughter is buried in a cemetery in healing messes with your head what happens to the community the public was screaming for a scapegoat the police needed a scapegoat so why not choose a 19 year old black kid with a criminal record who better to pin this on than him and what happens in court be. shot after shot as far as society we feel. we don't know she'll just screw up on. the end of this trial unfortunately you too will still not know what childress. it was just so orderly spagnoli holes to be in a post audio video below not secret thoughts below it would clear it also some of the moderates. just so i honestly thought all of sobel do

all 3 guys come around and they take them out to lunch that thomas marty is and then they sell me a bag of worms and some a lot of garbage most toxic risk on wall street is sold into these public pension funds where it goes to die that's why the returns are so. it was just a. mission of the studio to be a lot she could. also some of the dots. just so it looked all of the sobel. doxie pockets or the appeal is not his only support the. elos really. he says so salute the smiths to. ok oh. sure. he's a minute on almost every scene a.o.l. does a profile going in which follows us in normal as he gets. his autos to. ny cannot ship which is not to the slow venue i used to talk with not c.e.o. and they are putting us in gaylord in a must on economy sale on the money stuff name of a creature of police a caucus on it's not it i do patrol him if he's not in the woods is that the look you do you do not do not turn in court is that i was going to patrol up open all story which is not here but a prostitute dances a prolific way to school you bob motoko yet to personally go to not see it because we'll

them a bunch of money and wall street guys come around and they take them out to lunch that thomas marty is and then they sell me a bag of worms and some a lot of garbage most toxic risk on wall street is sold into these troubled pension funds where it goes to die that's why the returns are so. in 24 to you know bloody revolution to correct the demonstrations going from being relatively peaceful political protests to be creasing the violent revolution is always spontaneous or is it you know or here i mean your list with video of. spilling into the former ukrainian president recalls the events of $24.00. of those who took part in this today over 5000000000 dollars to assist ukraine in these and other goals that will ensure a secure and prosperous and democratic. just bought all these poly holes to be alarmist in a post audio video below so much he could with thoughts pull or whatever it also some of the other dots are just so i understood top dollar or so bill. doxie pockets or the appeal is not his only support the. below is really. he says so salute it's 2. ok oh. sure. he's in it anony

louis against marty jones. that was one of the five goals. so bottom line, the st. louis blues beat the sharks 5-0. they take a 3-2 series lead. game six now do or die for the sharks back in st. louis on tuesday. if you talk to a lot of sharks fans here, yes, they were frustrated. but they said, all right, we can win game six and then we'll see you back here for a game seven in san jose on thursday night. that's the glass is half full theory. we'll send it back to you. we're going to hear later in this newscast. ian will join us. we will hear from the coach and some of the players of what meant wrong and what next in game six. >>> breaking news at this hour. a pretty scarey situation at hillsdale mall. police say there were reports of a man in the mall with a gun in his waistband. and they're looking for him right now. this is a surveillance photo of the person they are talking about. he's also holding a black duffel bag. the mall is still open for business, but many people who are there have been seen leaving because of all the police activity. we'll keep an eye on