i am haidi lun in melbourne.ady and the sense you, and the weather is similar to sydney -- i am ramy inocencio. you are watching daybreak australia. let's get the first word news with rosalind chin. is denial fore change in north korea. they announced several guided missile watches had been scheduled to sail from singapore to australia but been diverted north. specific demands that north korea is a major threat to the region and they will safeguard u.s. interests in the area. russia is strengthening its presence in the eastern mediterranean follow the missile .trike in syria this vote is going for the coast. it is equipped with cruise missiles. the american ships that launched last week's striker going west out of the area. the far left candidate for the french candidacy is gaining ground with two weeks of campaigning left. and the communist backed contender is given 18% support. the independent emmanuel macron and the anti-immigrant marine le pen are tied on 24% each. new zealand's main opposition says it will g

melbourne and canberra we re gone up 18%. melbourne and canberra were not far behind.'s uppity market will soon come crashing down. —— property market. for heidi and duke, that might not bea for heidi and duke, that might not be a bad thing. unable to buy, they have come up with a temporary fix, offering to renovate other people's houses in lieu of rent. as things are, they cannot afford to buy their own. it seems to be out of control. every week we look at what is being sold and what is on the market and it is just sold and what is on the market and it isjust going up sold and what is on the market and it is just going up and sold and what is on the market and it isjust going up and up and up. if you sit down and think about it, it is depressing. the prices keep escalating. it feels like they have almost doubled in five years. worrying about house prices is a syd ney worrying about house prices is a sydney staple. when one newspaper suggested people should give up that smashed avocado breakfast in order to save for a place it provoked an outcry. the australian governm

in melbourne. a little bit cloudy. australia is waking up on this monday public holiday.: does not matter what the weather is, as long as you are off, right? it is 6:30 p.m. you are watching daybreak australia. says ofsh state media -- voters have approved a constitutional change giving the president sweeping new powers. the president hailed the republic's most sweeping overhaul. he has the authority to appoint ministers and senior judges and call for elections at any time. shipbuilder has won approval for a restructuring plan with $175 million worth of bonds maturing this month. the national pension service has agreed to a plan. have -- bp is trying to close an oil well on alaska's pressure after a leak was discovered. the environmental protection agency has yet to determine the size of the leak. is containedroblem and no oil has reached the ground. leaderia's opposition says an application for $680 million government loan should be rejected. labor leader says the case has not been made for taxpayers to provide a low rate loan. adani once the money for rail line to carry

. >>> to melbourne, australia, where this video comes from. families hanging out having a fun afternoon watching videos on tablets there. it's a bit of an unusual place to lounge around. that little guy, tom, was taking the shower. he put his finger in the drain and he was stuck in there five hours. even when ffrts got there, they still could be get it out. they had to cut around the drain plug and pull the entire piece out with his finger stuck to it and send him to the hospital. you can see there's a picture of him in the plug and him in the hospital waiting for it to be removed. >>> our law is back doing what he does best -- >> breaking into the law. >> breaking into this building in melbourne, australia, finding the highest appoint in the city to enjoy the view. >> the padlock doesn't stop them. they start their way outside the building. looks lick they start the sketchy ascent inside what i assume is going to be the elevator shaft. >> if something happens, who is going to know he's down the shaft for a while. >> the issue is if he becomes

without china, i don't think real estate prices in sydney and melbourne can sustain today's titrationecause interest rates would've been higher without china, so it is difficult to say, but i do think at this point there is a very important work being highlighted by policy wonks in washington dc, reciprocal. actually that is exactly what china wants to do in the long run, but in the short-term, i don't know whether is there a sense of urgency. or example, financial services, health care, education, entertainment and so i think china has leverage, and the leverages meaningful market access. haidi: what is the potential for escalation? whereve two deiters, president shanshan feng is facing an election year, the party congress. trump needs to appease core supporters who want him to get tough on china, so what is at risk there? >> you have two strong personalities that could clash, so that is a risk we should not underestimate. right, president xi jinping -- there is a need to save face as well. >> well, i do think in the end that both countries are pragmatic. practical, and in the end, t

speaking in melbourne later tonight.ing to rebalance his economy with those soaring house prices you have. they are at record highs. having a look at how markets are tracking in asia. you are seeing some very solid moves coming through from the philippines. yesterday, $12.9 million was a foreign investment coming into those stocks. a very good day for indonesia today. takata up 7/10 of 1%. that is at a fresh record high. more significant selling in the afternoon session is in japan's nikkei down by 1.3%. a strong yen. the asx 200 coming up a third of 1%. quick look at commodities. it really shows you the picture today in terms of what you are seeing in the gulf space -- gold space. it is showing in 3/10 of 1%. bit of aseen a little fallback by oil holding onto those losses from yesterday's session. the south african rand is seeing more losses after a ratings cut by s&p global ratings triggered a big fight on monday. that was the first blow. things could get worse. country'sower the credit rating and is reviewing that dec

are destined joins us live from melbourne, australia.give us the details on what exactly paul singer is urging bhp to do. >> good afternoon from melbourne. as he said, there are three things that the hedge fund is calling on ehb to carry out. u.s.is a demerger of its onshore conventional oil assets. assetss to see those bundled into a single entity, which would then be listed on the new york stock exchange. it is also looking to simplify its complex structure, it is essentially two companies, one in london and one in melbourne. that has all manner of legal consultations and brings up a number of complexities in the issuing of dividends. bothtt wants to see that, companies to become a single company headquartered in on thene, with listings london and melbourne exchanges. and there is another investor calling for improved returns to shareholders. specifically it is calling for more buybacks. it also wants cash to be taken out of the hands of management score underes could that on acquisitions as we hear from the big mining companies. those

. >> the member from melbourne. >> members of the u.s. military and national security establishment last night warned that climate change is a national security threat, with sealevel rise and droughts dueling conflict and terrorism. do you agree to our national security implications from climate change? if so, given that most fossil fuel reserves need to stay in the ground to make the two degree limit, would you agree to ruling outline the infrastructure fund or other public money subsidize coal mining infrastructure? or do you intend to use taxpayer funds to threaten our rule of life? >> the prime minister has the floor. >> i think -- i think the honorable member for his question. the honorable member would be aware the government is very alert to the risk of climate change and the national security implications, particularly of rising sea levels, particularly in our region, that it involves. we have substantial programs right through the pacific, in particular, to help our neighbors in the pacific deal with the consequences of rising se

james: melbourne. david: melbourne.when your parents are producing new children regularly, did you ever asked them what was going on? james: i had not quite thought about it in that language. [laughter] james: we did not think of it as a production line. we more thought of, here is nicholas, isn't that great? david: your father had a job where he could afford all those kids easily? james: he was an engineer working for a large corporation, and ironically, he counseled me my whole life to never work for big business. david: ok. james: you need to be independent and control your own firm. he was an engineer. he set up his own practice when he had seven children at the age of 37 with no income. and obviously was successful. he was not particularly financially motivated. he was intellectually curious. to him, education, reading, ideas, debate were the essence of our family function. david: you live here now, but do you go back and see your siblings, and now what do they think about you are a famous person in the united stat

winning the australian open injanuary, citing a knee injury, and it now seems that williams won in melbourne well, on court at the monte carlo masters, rafa nadal has started his quest for a tenth title and was made to work hard for the victory. the king of clay overcame britain's kyle edmund in three sets. the spaniard took the first very comfortably, 6—0, but then lost the second 7—5, before going on to win the decider 6—3. andy murray made a winning return to competitive tennis after a month out with an elbow injury, beating gilles muller. the world number one was broken in the first game of the match but came back to take both sets 7—5. joining murray in the third round is the swiss third seed stan wawrinka, who saw offjiri vesely 6-2, 4-6, 6-2. three—time grand slam winner wawrinka won here at monte carlo three years ago. the british and irish lions squad has been confirmed, and one notable absentee on the tour to new zealand is the england captain dylan hartley. the a1—man party tasked with taking on the world's top side, the all blacks, includes 16 players from england, 12 from wales,

we are joined by the reporter who joins us out of melbourne.been the response of the company? has rejectedy those proposals from its hedge fund. valueee them as disruptive weather than value accrued. plan by abouta 50%. u.s. asnning off the those assets could be about 22 for a separate company to be listed in new york. they wanted them to simplify its complicated structure. two entities, one in the u.k., one in australia. the hedge fund was the one in australian headquarters. he will company with a primary london listing. they also wanted to see more greater returns to investors, essentially taking away from the temptation from the minor companies to maybe squander the recent higher cash flows we're seeing on acquisitions. we sought in the sector towards this decade. the three point plan was squarely not back by ghp. from there -- bhp. they continue to review options, but they are not right at this moment in time. they see them as potentially ,ostly, difficult to achieve and to erode values. very tough response there. yousef: the question that

we will be joined live from melbourne by st.ouis fed president james bullard in about five minutes. let's now get first word news with rosalind chin. rosalind: the chairman of the chinese insurance regulator is under investigation for severe violations of discipline. there are few details. chairman ofer agricultural bank to head up the insurance regulator in 2011. the phrase violations of discipline is generally accepted to be corruption. the u.s. has denied plans for regime change in north korea as it sends an aircraft carrier to the divided peninsula. to ships had been scheduled sail from singapore to australia, but had been diverted north. will safeguardp u.s. interests in the area. russia is strengthening its presence in the eastern mediterranean following america's missile strike in syria. heading pass through for the syrian coast. it is part of russia's black sea fleet and is equipped with cruise missiles. the u.s. ships are heading west out of the area. the leaders of the world's two biggest economies say their talks were

>> jimmy: melbourne! [ cheers and applause ] i consider myself a bit of a a ride critic. so i rode your ride. and it was incredible. >> jimmy: wait, what'd you -- [ cheers and applause ] >> it was so good. it was the best virtual ride i've been on. it was so much fun. >> jimmy: it was, right? >> i don't want to give away too much, but i'm kind of embarrassed to say the scariest part was when you were shooting the t-shirt gun. that's actually when i jumped. >> jimmy: that was the scariest part? >> well -- yeah, i literally jumped back. >> jimmy: i thought the -- the moon -- i don't want to spoil anything, but -- >> am i allowed to say all that? >> jimmy: yeah, i guess so. well, kind of. i mean -- i wanna -- i said dude, be as critical as you want to be. >> yeah, because the moon part, it felt like you were on a real roller coaster. it was -- it's incredible. >> jimmy: yeah, i'm not going to -- that's a positive review. [ cheers and applause ] i was like -- i was ready either way. i was ready either way. i

nbc's sarah james is in melbourne for this. what else did the vice president talk about about the administration's plans for dealing with north korea? >> reporter: well, thomas, he made it very clear that this is a situation in which the united states is reaching out to its allies, strengthening rips with its allies. this is the last step of a ten-day tour throughout asia. that's been part of the issue. also china is a key piece in this equation. in that news conference today, e vice president mentioned the united stateis grateful for what malcolm turnbull has done in terms of reaching out to china and asking china to exert some leverage on north korea. the vice president made it clear it's a serious time. he said military is still an option. have a listen. >> all options are on the table. the united states will continue to work closely with our allies, including australia and other allies across the region and with china to bring economic and diplomatic pressure to bear on the regime in pyongyang until they finally permanently

nbc's sarah james joins us from melbourne with more on that. sara, specifically the threat.can you tell us about that? >> reporter: well, alex, what happened was that the australian foreign minister had made some comments saying that australia supports the trump administration's position that all options are on the table in terms of dealing with the threat from north korea. well, north korea wasn't happy about that and i certainly don't think it helps that the vice president, u.s. vice president pence is here, so they are threatening this country with a possible nuclear strike, saying that the foreign minister spoke a load of rubbish and that the australians are zealously and blindly toeing the u.s. line. >> all right. sarah, with regard to the official response, though, from the australian leaders and vice president pence, do we expect anything more to come from vice president pence, or is he taking off from australia shortly? >> well, he will take off in the morning local time, just in a few hours, alex, and he has actually been quiet about this in public. i guarantee ther

the most recent being disrupted on the christmas eve attack in melbourne which had it been successful would have lofted significant loss of life. in the time remaining might i remind senators of the national security hotline, 18123400 which all members of the australian trinity should access should they have concerns about behavior of individuals. >> we are now in the lead up to the budget in early may so the government wants its focus on economic growth and its agenda over the next 12 months. >> my question is to the treasurer. will he update the house on that delivering the commitments it outlined in last year's budget ? is he aware of any alternative plan that would threaten the successful transition of us really an economy? >> he was elected on the basis of our national economic plans and growth that was set out in last year's budget. our economy gets australian economy one of the fastest-growing advanced economy in the world today. the other second highest. capita in any country in the g g22, not only the united states. our national economic plan was making the decision and makin

you could fill the boxcars of a freight train that would stretch from new york city to melbourne, australia, with the coal ash that's generated every year in this country. >> the ash contains toxic metals. lead, arsenic, chromium, cadmium, others. anand it even s radioactive substances. >> it's these pollutants, many of them known to cause cancer, that have people worried. and the big question is, where are all thesese toxins ending u? >> there's fly ash and coal dust... we'll go on the front porch and do the same thing. >> you can see as you look up there the fresh ash. it's like an orangish color. when it's windy, it can get into their homes, it can get into their cars, and god forbid they're walking across the street or whatever, it actually gets into their lungs. >> in ththe uniteded states,s, e are over r 500 coal-fired power plants. and untilil recently, the dangers of coal ash have largely been h hidden from publc view. this is one of the largest coal-fired power facilities in the country. called plant scherer, it's located in juliette, georgia, and is majority owned by georgia power

in arkansas in melbourne, arkansas, republican. good morning. caller: good morning. my comment on that is means illegal. if it is illegal, then it is the law. the aca, comment on about the medical care for people people. i learned recently they have penal implants for prisoners in the state and i see why they need penal implants, they're prisoners. host: did you hear this in a news report, bonnie? caller: no, no, from a surgeon the university of arkansas center. and also, they did a heart row inmateon a death to me, this is a bad waste of money. that money could be used so much more for sick children or whatever, you know? host: on the issue of in today's article "wall street journal," president be p hints health bill can revised, the story noting the president signalling he wasn't dismantle efforts to and replace the affordable care account invoking unity with the ame republican party he threatened last week, the purge of dissident lawmakers. media who think repeal and replace of obamacare does ot know the love and strength of the republican party, he tweeted over t

with the thunderbirds squadron of fighter pilots, in melbourne, florida. the legendary astronaut is 87 years old, and an air force veteran. he posted these pictures with the caption -- "good to get back in the cockpit." >>> this past week was a historic one in great britain. nine months after british voters opted to leave the european union, prime minister theresa may formally began the so-called "brexit" process. mark phillips has more on this. >> a grey, threatening dawn over london and a grey, many say threatening, future for britain. nine months after voting for it the british handed the eu its official demand for divorce. >> this is an historic moment from which there can be no turning back. >> theresa may's government and the eu now have two years to negotiate the terms of the divorce. a negotiation eu president donald tusk said would not lead to a win-win outcome, but to lose-lose. >> this is about damage control. >> a lot of people are already trying to control the damage. at azimo, a currency trading company, they're planning to move part of their

launched after an emergency on a qantas flight after an emergency on a qantas flight that flew from melbournehe aircraft near the hong kong. pilots reported feeling air plane buffeting, a potential warning that the plane is about to stall. it was in a holding pattern, 22,000 feet in the air. the gulf news says the united arab emirates wants to be the first country in the region to reach miles. rule of the buyer was amongst officials at the launch of the very ambitious space programme. the focus will initially be to send the first emirate astronaut to space. a smart gadget with not a very smart future has got people talking online? that's right. it is a gadget that many of us probably on. remember when experts were predicting that 2017 would be the year when wearable technology really ta kes year when wearable technology really takes off. according to the head of chinese tech firm huawei it doesn't have much of a future. he says he doesn't see the point in smartwatches. at the company is playing it safe, having just launched a device during the recent mobile congress in barcelona. in new zeala

take vo --11 serpientes, 9 tarantulas y 4 escorpiones fueron enviados a ''melbourne'' desde el norteatos''.. --los repitles, entre los que habia seis viboras venenosas y dos pitones, estaban muertos al ser interceptados por aduanas.. wait for nats :03 sec cesar --el dramatico arresto de un hombre que trataba de escapar en la florida.. es captado por la camara corporal de uno de los oficiales que lo perseguian.. --al parecer.. el sujeto era uno de tres sospechosos acusados de robar a padres de dejaban a sus niÑos en una guarderia.. y que acababan de chocar su auto tratando de fugarse.. -- el individuo no lleg muy lejos porque cay en un estanque.. donde fue capturado mas tarde.. take vo/lorena --vida de lujo... estos perros tienen una vida de envidia... le diremos como se aseguran que los mejores amigos del hombre se mantengan saludables... end segment cesar --faltan menos de dos semanas para einio de los playofl icfs ♪ [mujer] tengo 51. me descubrieron el cáncer a los 50. carcinoma ductal ... eh ... invasive. ♪ en mi esquina está mi esposo, mis hijos, mis papás, mis nietos. ♪ arrasand

reports on the official investigation launched after an emergency on a qantas flight that flew from melbourne to have been injured when the aircraft neared hong kong, after pilots reported feeling "airframe buffeting," that's a potential warning the plane is about to stall, while in a holding pattern at 22,000 feet. and finally, the gulf news says the united arab emirates want to be the first country of the region to reach mars. the ruler of dubai was among the officials at the launch of an ambitious space programme. the focus will initially be to send the first emirati astronaut to space. you are the —— up—to—date on the papers. remember when experts predicted that 2017 would be the year when wearable technology would really take off? well, there's at least one wearable that, according to the head of chinese tech firm, huawei, doesn't have much of a future. eric xu said he doesn't see the point in smartwatches. however, the company is playing it safe, having just launched a device during the recent mobile world congress in barcelona. by the fact of his age alone, li rui has seen some incredi

also keeping an eye macron the property market, which has been buoyant and heart in sydney and melbourneere. another tough day on the markets for toshiba. sarah toms is in singapore. is this to do with reports that the company may delay releasing its earnings report once again? well, yes, partly. it is the second day in a row toshiba shares have fallen. they fell 95% on tuesday, mainly over concerns the technology company may need more financial support. this hasn't sparked by reports that save the company will meet creditors on tuesday to ask them to accept shares in some of its businesses as collateral, presumably in exchange for them not calling in their loans. on monday, shares went down after the company signalled it may miss a third deadline to release its results for the last quarter of 2016. this was supposed to happen in february. the company has delayed formally reporting its earnings over problems at westinghouse electric, its us nuclear unit. westinghouse has been hit and file for bankruptcy last week. its annual loss could be a record 9.1 billion us dollars. many thanks. the

in australia, the most recent in disrupted on, being disrupted being the christmas eve attack in melbourneh had been successful with or result in significant loss of life. 62 individuals have been charged with offenses. in the time remaining might i remind senators of the national security hotline, 18123400 which all members of just joining committee should access should have concerns about the hate of individuals. >> we are now in the lead up to the budget in early may so the government wants to focus on economic growth and its agenda over the next 12-18 months. >> my question is for the treasurer. the treasurer update the house on the government success in delivering up-to-the-minute outlined in last years budget? is he aware of any alternate plan that would threaten the successful transition of australia's economy? >> thank you, mr. speaker. i think the member for his question. he knows because he selected on the basis of our national economic plan for jobs and growth that was set out and latches budgeted, try to get our economy, guest on a common is of the fastest-growing economy in th

haidi: property prices, particularly melbourne and sydney, have been on a tear.ite macro financial measures put in place that we are setting up for an asset bubble? prices are property growing strongly in sydney and melbourne, but it is not a nationwide phenomenon. is restricted to the two major capitals, driven by significant population growth in both capitals, and restraints on supply. haidi: it is clearly a headache for policymakers to be setting one monetary policy for what is quite clearly a multifaceted, multispeed economy and property markets around australia. >> the reserve bank is focused on inflation of goods and services prices, not property prices. what it is concerned about is financial stability. if there were to be any property bust, and that place up negatively for financial stability, so the reserve and keeps an eye on that come up the interest rate this constant across the country as you rightly point out in different parts of the country are operating at different speeds and in different places on the economic cycle. the instrument was never de

a lot of analysts in melbourne saying this is going to be risky for a couple of weeks. >> let's get aay more on what is going on with the court price in the moment. down 0.9%.l, moving to treasuries. having a look at the u.s. 10 year. it is probably the most reactive of all of the things. we have treasuries -- we are seeing a yield on the way down -- on the way up, i should say. winning theron first round of the french election. we have seen prices going up. geopolitical issues are ranging from this election to north well and over in syria, as . you saw that with this recent upturn. .ight let's tell you about what else is going on out there because it is a situation with a cuties. you are seeing equities moving to the upside. chief among the exceptions is shanghai -- [indiscernible] [inaudible] we will come to that. [indiscernible] you can call it a bit of a relief. let's quickly check in with what is going on with us south korean shares. kirilenko. in hong kong, a bit of weakness. this is really as we have seen -- well -- he we go -- [indiscernible] china ares story for now the basis

we will be live in sydney and melbourne. tokyo, cross over to where we will be watching whether toshiba will delay its results again. anchor: it will be interesting to see if that happens for a third time. hopefully not for investors. in new york, the top story is the fed and its policy. we will have more on that later. welcome. this is "daybreak: asia." in new york,cencio where it is after 7:00 p.m. on monday. anchor: i am shery ahn. have been muted across global markets and we have the easter weekend coming up. asia may not be a game changer. policyot have that much decisions coming up, so all the focus seems to be on janet yellen and her speech at the university of michigan. ramy: that's right. she spoke a couple of hours ago. she said the u.s. economy is pretty healthy. that is actually a quote. we have all been talking about the unwind of the fed balance $2.5, $4.5 trillion to trillion after our talk with james bullard yesterday. we do not know when that will happen. meantime, we will be on pins and needles. looking at

heidi lynn met him in melbourne and ask him if all strays quarter century without a recession was due down to good luck. it has been in the exterior of good luck and good management. we have enormous resources in this country. our economic reform has been deliverinded, to enormous growth and progress. over time, that waxes and wanes and depends on the public mood. i emphasize that politics and economics go hand-in-hand. have thethat economist right to impose policy on the people. they need to be convinced that the policy is worth its costs and benefits. >> what is your take on the triple rating debate -- aaa rating debate? there seems to be an obsession holding onto it. his at preventing decisions from being made? >> i don't think the government is driven by the credit ratings. after all, it is the soften that makes his decisions based on what it considers best for the people, and it is not necessarily clear with the ratings agencies will do, how they will respond, so my view is it should not be off the back of what the ratings agencies might or might not do. i don't believe the gover

scaling a construction crane high above melbourne, australia. standing at the end of -- look at this -- i don't like that. but it's a spectacular view. thank you for take your camera with you. up next, vice president pence on board a u.s. carrier in japan and issuing a new warning to north korea. >> the united states of america will always seek peace. but under president trump the shield stands guard and the sword stands ready. lou: congressman ron desantis joins me next. we'll be discussing the rising threats from north korea, and russia and other corners of the globe. if you take medication, you may sometimes suffer from a dry mouth. that's why there's biotene. and biotene also comes in a handy spray. so you can moisturize your mouth anytime, anywhere. biotene, for people who suffer from dry mouth symptoms. with all the things you'll never learn from a book. expedia. everything in one place, so you can travel the world better. lou: russia flew two more its long range bombers off the coast of alaska for the third consecutive night there they ca

scaling a construction crane high above melbourne, australia. before standing at the end of -- look at this -- i don't like that. but it's a spectacular view. thank you for take your camera with you. up next, vice president pence on board a u.s. carrier in japan and issuing a new warning to north korea. >> the united states of america will always seek peace. but under president trump the shield stands guard and the sword stands ready. lou: congressman ron desantis joins me next. we'll be discussing the rising threats from north korea, and russia and other corners of the globe. hey you've gotta see this. c'mon. no. alright, see you down there. mmm, fine. okay, what do we got? okay, watch this. do the thing we talked about. what do we say? it's going to be great. watch. remember what we were just saying? go irish! see that? yes! i'm gonna just go back to doing what i was doing. find your awesome with the xfinity x1 voice remote. lou: russia flew two more its long range bombers off the coast of alaska for the third consecutive night there they came

walk freely long us, they are especially when i started looking for them they were in places like melbourne, tokyo, oslo, london and they had not been rolled up by the law enforcement agencies of these countries. as a journalist, this a shocking discovery. when covering the insurgency in iraq i would have loved to have had an interview with kaz but that was not possible at the time. it wasn't possible to speakto the operational leaders of al-qaeda. whereas, with isis because of the radical openness and the way it tried to pull people in from many places meant there were voices out there of people who are officially in some cases spokesman for the group. the book is be going to spokesman and asking them the most nave basic questions like who are you? what do you come from? how do you believe? how did you get so far outside the orbit of normal human behavior and thought? why are you so weird? to my surprise, they were in most cases real chatter boxes and went on at great length and invited me in some cases into their lives and this is recount of those conversations. >> moderator: you describe

. >>> two people bint by sharks swimming off of south melbourne beach.n the handme hand. she didn't need treatment. a couple of hours later a ten-year-old bitten on the calf. she was air lifted to a near by hospital for treatment. >>> lunch scamming will no longer happen in one stale. new mexico outlawed schools from humiliating tactics. >> reporter: the new legislation outlaws lunchtime shaming. children in new mexico will no longer be denied food or singled out because their parents have fallen behind on cafeteria bills. >> you want to come over here and help? >> reporter: it happened to hazel and her three sisters. >> it just made me feel more poor. >> i know a lot of kid haves had this happen to them. they were mortified. their parents just broken hearted over it. your kids come home mad and you feel like the worst mother in the world. >> with change being served up in new mexico this is not the only state. in arizona and this alabama kids were stamped with i need lunch money and others forced to wear wristbands after missed bills. the state senator

beijing, melbourne -- here are the top stories we are following on the bloomberg around the world.ks are mixed today. rising geopolitical tensions with shorts in trade. dollars are rising. oil is on track for the biggest gain in a year as libya suffers another outage. thate: jim bullard says america remains in slow growth mode. we have more from the bloomberg interview with you. is the hp bulletin latest company to be targeted by activist investors.

. -- new york stock exchange. , essentially two companies, one in london and one in melbourne.has all manner of legal complications. it also brings up quite a number of complexities in the issuing of dividends. the third thing and would not be a surprise for improved returns to shareholders. >> bhp says it is not worth the cost and rejected the suggestion of an overhaul to their business. what does it mean about shareholder activism in the mining industry? what does it tell us about where we are in the cycle? >> it tells us that management of this -- of these companies need to be aware of the internet feeling. investors will be look at -- looking at these hard, finding pockets of value they think management should be addressing more closely. this is a perfect example of that. keeping u.s. manufacturing jobs onshore has been a priority of the trump administration. pledged $10ed it -- million it would keep in the u.s.. the president went out of his way to say this is a great investment that reflects real confidence in the economy. how long has this been in the planning stages? ha

we will be hearing from the governor in melbourne later today. manus: juliette, thank you. the very latest on the market. let's talk about one of the drivers behind the shift in the u.s. we're supposed to be the month of the auto sales rebounding, but instead we saw the opposite, with demand collapsing last month. deliveries for kia and hyundai slumped, ford drops more than 7%. anna: g.m., fiat chrysler, and failed to meet expectations, and that passed through into the asian session. we are joined by tim hayward. good to see you, tim. one of the things that stood out for you, and caught my eye also reading around this car story, is the fact that tesla has a bigger market caps on ford. what does this love and car sales tell us? does it tell us the u.s. consumer is falling off a cliff, or that u.s. carmakers are not making the types of cars people want to buy? >> i think it shows there has been a lot of confidence in u.s. data. republicans in particular are really enjoying the first few months of the presidency, but the hard data is beginning to wobble, and i think that is go

beijing, melbourne -- here are the top stories we are following on the bloomberg around the world. global stocks are mixed today. rising geopolitical tensions with shorts in trade. dollars are rising. oil is on track for the biggest gain in a year as libya suffers another outage. thate: jim bullard says america remains in slow growth mode. we have more from the bloomberg interview with you. is the hp bulletin latest company to be targeted by activist investors. spinning off oil assets. will others back this push? let's have a look at european equities. is your function. luxembourg is down. spain, italy -- france, today, currencies are rising. this is the spread in the difference. widened since february 24. was very 21statch when we reached 79 basis points, that is the widest in four years. march, we came down to roughly 55 basis points. but uncertainty prevails. the latest report published on sunday had macron and marine le pen tied in first place at 24%. and the by mela sean republican candidate one point behind. when you have margins of error stern into the mix, it does suggest t

scaling a construction crane high above melbourne, australia. at the end of -- look at this -- i don't like that. but it's a spectacular view. thank you for take your camera with you. up next, vice president pence on board a u.s. carrier in japan and issuing a new warning to north korea. >> the united states of america will always seek peace. but under president trump the shield stands guard and the sword stands ready. lou: congressman ron desantis joins me next. we'll be discussing the rising threats from north korea, and russia and other corners of the globe. ostriches don't really stick their heads in the sand. a peanut is not a nut. and a real john deere is actually real affordable. you learn something new everyday. the surprisingly affordable john deere e series tractors. now you can own america's tractor for just $99 a month. learn more at your john deere dealer. lou: russia flew two more its long range bombers off the coast of alaska for the third consecutive night there they came within 36 miles of mainland alaska last night. the pair fo

bhp, essentially two companies, one in london and one in melbourne, and a trade as a single entity.s all manner of legal complications. it also brings up quite a number of complexities in the issuing of dividends. the third thing and would not be a surprise -- the investor call for improved returns to shareholders. >> bhp says it is not worth the cost and rejected the suggestion of an overhaul to their business. >> what does it mean about shareholder activism in the mining industry? what does it tell us about where we are in the cycle? >> i think it tells us that management of these companies in the be acutely aware environment where community prices are going forward is a muted outlook. investors will be looking at these hard, finding pockets of value they think management should be addressing more closely. this is a perfect example of that. >> keeping u.s. manufacturing jobs onshore has been a priority of the trump administration. earlier this year, toyota pledged they would invest $10 million in the u.s. with aw followed through first investment at a plant down in kentucky. the p