-funded broadcast in the middle east. then we will hear from harvard profess professor, rosabeth moss kanter, her book is "move: putting america's infrastructure back in the lead" and after that a discussion from the los angeles' times festival of books on infrastructure, engineering and science. later, a duke university civil engineer professor talks about the u.s. highway and road system in his book "the road taken" washington journal is live with news every day for you. last week, hillary clinton revealed her economic plans and we will discuss those plans on tuesday with the managing director for the economic for for american progress. and steven diamond on the obama's administration plan to admit 10,000 syrian refuges and the expectation for the status approval and the debate surrounding the refuge program. be sure to watch wash washington journal live at 7 a.m. eastern time. >> this week on the "the communicators" we visit the middle east broadcaster. mbn provides news to the world and a u.s. perspective on terrorism

issues in the middle east.nd features and videos. >> how extensive is the interaction that you get, and from what countries? engagement, when we started in september, from scratch, so far, more than followers on facebook alone. people are very excited to have a platform where they can actually discuss important issues and exchange ideas and thoughts with each other. otherwise, they are not able to do so on other platforms. and they are fairly eager to participate in such campaigns. voicelessvoice to the . >> what are some of the problems that can happen because of the distance? omar: well, of course. a problem, itit, is not always reliable. sometimes we have problems with collecting, so we have to get the show out. we talked to our guests on the show through phone. problemsare logistical , but they have never stopped us from doing a show. >> if you put up here on your discuss page let's islamic extremism, what kind of response would you get to that? this, and we about do get people who are very much , some defe

then zigzagged through the middle east. so the combined effect of military action very soon to be zigzag unleashed and that the lease their right to is broken. it is a period of chaos. it is a physical embodiment id if you continue this model you can speculate where it goes from here than what we will see next is a series of strong mid reemerging in egypt is probably the first example in there will be more to come. the people of the region will embrace this it should be careful because after a period of chaos hot, with people embrace strongman id dictators' bad things happen. that is what is coming for strongman. we will see how it goes. it doesn't have to be chaos but after that we will reach back. if there are people who have influence maybe they could find a third path into reply responsible governments. that is the framework of the book. i tell of the characters i have met along the way they tell that these this over to madrid to six pages of the anecdotes. when you get to follow along in this journey. and then moving a

facing middle east. maybe the dominant issue facing the world. >> is it a perception that it is u.s. government propaganda in the middle east? >> on some people's minds that is the case. we have been on the air for 12 years now and over that period of time i think the audience has come to learn that it is not propaganda. we do strife to be balanced but we also, we provide topics, we cover topics and we provide information not readily available. for instance the american perspective. we don't promote the administration's agenda or policy but we promote discussion about it. we have people from think tanks and academic organizations that maybe think differently and it is a robust conversation that the audience hears that they're not going to get from other media outlets. so at times it can be seen as critical but it also shows that in america we can discuss issues, that people aren't always in agreement and this is part of the american democratic experience which we think is one of our important topics. >>

the middle east seemed like a good choice. i was going to start on my way and become a great foreign correspondent. so i moved to cairo. i have the map in front of me and i thought where are we going to go. not much going on. jerusalem, yes a lot going on but probably oversaturated market to cover. then i thought egypt. so even if it doesn't work out its still in egypt which is great. i rented an apartment there and i had an incredibly rich experience. people were welcoming to me. they wanted me to convert constantly. they would bring me to their homes and feed me things. i was never alone. while it can be tiresome after a while it was a great way to become familiar with the culture and learn the language. in a matter of months i was wash having basic conversationsth because i had no choice. when you were living in an apartment where everything is broken and you need to communicate and there is noe water and it's a million degrees outside, you have to learn to talk to people. so i started reporting from local newspapers and th

isis has spread across the middle east and into the west. in 2014, isis was operating in seven nations. they were in seven patients. terrible but that's what it was. today they are fully operational in 18 countries with aspiring branches in six more for a total of 20 more, and many believe that number is actually 28-30 countries. they don't even know. a situation is likely worse than the public has any idea. a new congressional report reveals that the administration has downplayed the growth of isis with 40% of analysts saying that experienced efforts to manipulate their findings. they are trying to make it look much better than india's. it's a bad. at the same time, isis is trying to infiltrate refugee flows into europe and to the united states. iran, the world's largest state sponsor of terrorism, is now flush with $150 billion in cash released by the united states, plus, if you remember from two weeks ago, another 400 million in actual cash that was obviously used for ransom. worst of all, the nuclear deal puts iran that no one state spon

the best ofr "bloomberg markets: middle east ." >> welcome to the best of "bloomberg markets: middle east ." the major stories driving headlines from the region this week. iran plans to boost crude exports by 5% over the next few days. shipments will increase by 150,000 barrels per day after agreements to boost sales. iran has struggled to boost exports this year with shipments from the north pampered by a dispute from the kurdistan government. in an interview with a stew run newspaper -- with a state run newspaper, officials have been waiting too long to act, he said. turkey lowers the overnight lending rate for a sixth consecutive month. s reporter gave us and sites from hiistanbul. point faces cut was expected. -- the five-point basis cut was expected. the currency depreciated, started depreciating against the dollar and closed down o, 0.4%. we saw a little rally in the 10 year yield, which fell by eight basis points, affecting the impact of the rate cut. was a lot to be expected. yousef: where does this leave us in terms of the road ahead? the bank is striking a very dovish town.

back then, it was the middle east. has been known as an area of conflict and nobody really had their eye on it and that is how we were able to take that market quickly. haslinda: the middle east and lingerie, they hardly go together. you would not think of the middle east. how has demand been? what are the women wanting? christopher: the lingerie business -- our lingerie business is not what people think of. our number one color that we sell is nude and our number one bra is a pure, a sick, every day bra. so that is how luxury works in the middle east. it is not the idea that people lingerie is only about fantasy and seductiveness. need.an every day basic that is the strength of klynn. as a basic bras beauty product. just like women must do their hair and makeup, they must have the right bras to feel comfortable during the day. growis how we were able to despite having a cultural difference between what you can say and what you cannot say in the middle east. haslinda: isn't it fair to say that you were thrown into the

the middle east in particular.ons made almost $60 million in gross income while she was secretary of state. it is unbelievable. incident after incident proves again and again hillary clinton lacks the judgment, as said by bernie sanders, stability, and temperament and the moral character to lead our nation. [ applause ] importantly, she also lacks the mental and physical stamina to take on isis and all of the many adversaries we face. not only in terrorism but in trade and every other challenge we must confront to turn our great country around. [ applause ] it is now time for a new approach. our current strategy of nation building and regime change is a proven absolute failure. we have created the fact humans that allow terrorism to grow and thrive. i was an opponent of the iraq war from the beginning. a major difference between me and my opponent. though i was a private citizen whose personal opinions on such matters were really not sought, i nonetheless publicly expressed my private doubts about the invasion. i w

you are watching "bloomberg markets middle east."oining us now, the ceo of nomura asset management middle east. we are picking up with the latest developments from the u.s. side of things. showcases what will what is happening with the u.s. dollar. the market is more confused than ever. the hawks ande the doves in the fed. janet yellen is trying to play the balancing role between them. is aboutt role probabilities. in all likelihood, it's going to be one more hike before the end of the year, probably december rather than september. yousef: we are up to 51%. our viewers can look at the interest rate expectation. we are up to 51%. you agree with that? i do, i do. we continue to see the economy growing, consumption increasing. i think another hike by the end of the year is not such a difficult thing to imagine. the cases that really though? when you look at the retail sales numbers, it's not the kind of rigorous spending you would need to fuel the economic growth you would need for a hike question mark tareke? we have been at emergency

involvement in the middle east since the end of the cold war. his book "america's war for the greater middle east in military history." he spoke at the dallas public library. >> welcome to the dallas book festival. i am president of the world affairs council and today we are very pleased and proud to be working with the dallas public library to host kernel andrew bacevich. a remarkable career. a graduate of west point, vietnam veteran and served in the armed forces for over 23 years. now he's the professor emeritus of boston university. remarkable author among some of his limited power, washington rules and breach of trust that we are here today to talk about this book america's war for the greater middle east which just came out about two weeks ago. you will see during the discussion and after we talked for a little bit we want to invite you to ask questions and why this is a book that every one of us should read. go ahead and start a. >> [inaudible] it's been over 35 years since president carter out why and what became known as the doctrine. a

[applause] instead, all we got from iraq and our adventures in the middle east was death, destruction, and tremendous financial loss. but it's time to put the mistakes of the past behind us and chart a new course. [applause] >> if i become president, the era of nationbuilding will be brought to a very swift and decisive end. [applause] thank you. a new approach which must be shared by both parties in america, by our allies overseas, and by our friends in the middle east. must be to halt the spread of radical islam. [applause] all actions should be oriented around this goal, and any country which shares this goal will be our ally. very important. some don't share this goal. we cannot always choose our friends, but we can never fail to recognize our enemies. [applause] as president i will call for an international conference focused on this goal. we will work side-by-side with our friends in the middle east including our greatest ally, israel. [applause] we will partner with king abdullah of jordan, and the president of egypt, president sisi, and all others who recognize this ideology o

isis has spread across the middle east and into the west. in 2014, isis was operating in seven nations. they were in seven patients. terrible but that's what it was. today they are fully operational in 18 countries with aspiring branches in six more for a total of 20 more, and many believe that number is actually 28-30 countries. they don't even know. a situation is likely worse than the public has any idea. a new congressional report reveals that the administration has downplayed the growth of isis with 40% of analysts saying that experienced efforts to manipulate their findings. they are trying to make it look much better than india's. it's a bad. at the same time, isis is trying to infiltrate refugee flows into europe and to the united states. iran, the world's largest state sponsor of terrorism, is now flush with $150 billion in cash released by the united states, plus, if you remember from two weeks ago, another 400 million in actual cash that was obviously used for ransom. worst of all, the nuclear deal puts iran that no one state spon

our organization, american middle east coalition for trump is the largest ever assembled middle eastroup. we have kurds, turks, arab, we have a egyptians, we have cops. we have seen the failure of this administration which would be furthered by a hillary clinton administration where the radicals are being engaged like the muslim brotherhood. completely to the detriment on the people on the ground. as an american we're so concerned with the suffering of americans at the hands of terror and western europeans but nobody is taking it on the chin, nobody's putting their necks literally on the line more than the people in the middle east and especially ethnic and religious minorities. we've done nothing whatever. they've been land slandering my. they've bent over backwards to make the deal with the evil iranian regime. >> general clark, would you like to respond to that. i know what the obama administration has done. outreach after outreach to the muslim american community. i can't speak to the specifics of your organization, there are dozens and dozens of muslim american organizations. i

shadi was talking about the middle east. it's not just part of the middle east obviously. it's part of the -- part of europe. nato. it has -- it is important for issues in europe and elsewhere. so many, we haven't had a holistic approach. of course, i know many in the room will say we don't have that holistic approach on just about anything, but nevertheless i would just like to observe that and the foreign policy focused perspective in that way, narrow strategic issues, carried over or went side by side with sort of the domestic political turmoil since early 2012, i would say. i'll come back to why i will say that. there's been sort of a lack of appreciation for what was happening inside turkey domestically because i think this attitude to pull away from the region carried over to this attitude basically we don't really need to be worrying about what's happening inside our allies' countries. so, why did i say 2012? february, this was the first sort of fireworks in let's say four-year internal struggle when the gulenist judges and prosecutors wanted to question and potenti

particularly in the middle east but all throughout the world. in almost every area that we can think they're worst today than the day hillary linton walk into the state dave:. i think history will say that she was the worst secretary of state at least in our lifetime. [applause] and what they have -- what have they left us? they've left us a government that used to bonn offense against islamic extremist terrorism, radical terrorism to a government that's now purely on defense waiting for the next attack. isn't that what we're doing? we're waiting for the next attack. god forbid here in america, god forbid in paris or london or i have a friend who left for london yesterday and he was afraid to go to london. aprayed to go to london. you know why he was afraid to go to london because we don't know where they're going to strike next that's why 70% of the american people today are afraid. this is the world that hillary clinton created for us on all those thousands of miles of to a much amounted worse world than the one she was given. maybe it would h

not nato, not an organization in the middle east. but together all the nations middle eastern nations, the only question i have that's perhaps unanswered is will he define what america's role is in this? you can't lead a coalition unless you have skin in the game and is mr. trump willing to commit more forces to build a more powerful coalition with greater -- >> but when we talk about this coalition, will that include potentially russia? they're fighting isis as are we. >> absolutely. remember. who's the enemy here, trish? it's isis. and if there are coalitions of the willing. if the russians arelying to play by our game, if the russians are willing to commit themselves to the obstruction of islamic terrorism in their own country, perhaps they'll be a willing partner. but as you heard me say on the news show before, i am very, very skeptical of mr. putin's intentions, and i seriously doubt whether there will be a member of the coalition. >> let's talk about some of these things you mentioned. talk about policy as it relates to nationa

and the middle east was not left out. gain. joined with that and it is off it by a quarter of 1%. the is the deal with markets on monday. let's check in with the headlines from around the world. in20 were killed or wounded yemen. the coalition is accused of attacking the building in the rebel held area. school and hitting a say that it was a rebel camp and it's used to recruiting children. shareng to raise with the filing. they say that there will be additional capital under the regulations and this will close in september. running through these numbers with the volatility slumping. >> this is the kind of thing you would expect and gold needs a primary moment to get a boost. a similar move would be something and this is the next catalyst that we are watching for in the gold market. in the meantime, there is not a for me to say that there is a gold story and i would expect to see these prices for a while until there is a move from the fed. >> there is a split between the metals and the demand. what is the trend? what do yo

how about you in the middle east? yousef: it is sentiment influenced by the latest moves in oil prices in the last week for hours. a apache picture, we are two hours away from the opening in the emirates. arabic -- aramic is among the gainers. let me show you what is happening with the kuchar exchange -- qatar exchange. month off so far this the back of that ftse upgrade. this index outperformed the msci emerging markets index is well so far this month. let's check in on the first word headlines from around the world. >> a new for talk -- $4.2 billion business in macau is drying visitors. morgan stanley said customers could be coming from when -- w ynn casino. apple is said to face a potential tax bill of billions of euros with the imminent release of an investigation into dealings in ireland. sources say european commission will claim doubling provided illegal aid for the creation of jobs. says the eulready is unfairly targeting american companies. foreign investment in the u.k. rose to a record in the last financial

angie: welcome to "bloomberg markets: middle east." what are you looking at?ousef: i am looking at the reality of negative yields in different parts of the world. the latest comments from stanley fischer. we are still digesting a lot of that. still digesting a lot of that. he is saying the federal reserve is not planning anything in that direction in terms of negative interest rates. this is the world we live in. as a reminder, you have your german five-year, you have your swiss 10 year, the danish three-year, and the japanese five-year. in the span of less than a year, all those returns have moved into negative territory. but there is a caveat. with some of those comments, he thinks the central banks using them are doing so quite successfully. all of this comes down to the data. what are the jobs numbers going to say on friday? the consumer confidence numbers we got overnight reinforce this strength we are seeing in household spending. this chart is why there should be sufficient appetite for those bond issuance is expected later on in this part of the world

they came to the middle east and they formed these artificial states.raq is essentially joining the other three autonomous ottoman provinces. and kurdish component in the north. syria, the opposite. greater syria encompasses enormous area that today would be lebanon, syria, israel, jordan. kind of this greater syria region, they divided it up into sort of more manageable parcels. in the case of libya, you had three provinces under the ottomans that were very distinct. in that case, the italians joined them together in creating this colony of libya. juan: in the arab spring, you have convulsions across the middle east, but you note those nations that had more historical development, like egypt, managed to somehow survive intact without this kind of civil war. but the ones created artificially are the ones who of sever the most? >> that's right. there's a commonality to the country's that a fractured apart. egypt is a sad case in his own right. for different reasons. but i don't think there's ever been a realistic fear in egypt that it is going to somehow

host: if you go online, you will read the work of michael thenstadt, an expert on middle east. t work. i went to begin with one of your pieces in this one quote that focuses on. if you do not middle -- if you do not visit the middle east, it will visit you. explain. guest: repeatedly, presidents have tried to avoid getting smashed in the area's middle east complex and we have seen this under the obama administration as part of his lessons that he drew from presidentrs that obama ran on the campaign platform of disengaging us from the two wars and marketing to a third war, but presidents have found time and again that unless the united states is actively engaged in trying to shift governments in the region, we get sucked in whether we want to a knot. it is good to be proactive and shaped the developments there and get sucked in as a result of underpments that are not or come about as a result of the initiative of others. host: this is from "the huffington post" and based on a study by the bill and melinda gates foundation that says war and terrorism in dozens of middle east count

israel relations with former middle east on billing dennis ross -- former middle east -- about thed relationship of the two nations since the truman presidency. how it has evolved and how it can change depending on who becomes the next president. this runs about an hour and 15 minutes. >> i would like to welcome everyone to the conference room. i would also like to welcome those of you watching today's event on c-span. today's panel discussion is discussed -- is called from truman to obama, the past, present and future of u.s. israel relations. i'm honored to welcome the dream team for an event of this kind. it is my pleasure to welcome ken stein, who is among the country's foremost scholars on the israeli-palestinian conflict. he was my professor back in the early 90's at emory university, where he has taught since 1977 and still teaches, today. i learned a great deal from him. i'm also pleased to welcome ambassador dennis ross, who has watched the relationship evolve as a senior u.s. government official, across several administrations. i called him a colleague when i worked at the washington i

envoy to the middle east. still something like that.ot to insult anybody of course, i didn't know really his name. we remember martin and dick thing but now even this function -- martin indyk -- doing what? if in that game for that theater that was called in the last few years peace process or peace negotiation. netanyahu doesn't care even now to look like as even negotiating. he doesn't want that because if it's some sort importance in the past, now he sees he doesn't have to pay that tax for the war, pretending being engaged in peace process or in any kind of negotiation. the other theory of those who think that -- perhaps, to you or any americans consideration, elect clinton or trump, but if trump, perhaps the worst of it, i mean worse than the situation that we could have increased. >> could you pass the microphone over here, please? >> i'm with americans for peace now, says the organization of the israeli peace movement. mike krzyzewski about a scenario in which palestinians, citizens of issue may disengage from electoral politics.

anchor: welcome back to the best of bloomberg markets middle east.nd 11ek, a race to tap trillion pool of wealth intensified. new islamicanning funds. think islamic finance has been widely spoken about. a came to the forefront about decade ago. the situation and climate was different. we saw oil prices at an all-time high in the muslim majority countries were flushed with lots of liquidity. there were good reasons for the islamickets to consider finance. we are in a different climate at the moment. is also a huge ,pportunity, especially in asia for fund managers to look at this as an alternative product for investors. you encouraged muslims to invest in these products? when they are essentially invested in other products? compliant products have a reputation for not having the same returns as traditional ones. ofthere has been a dearth sharia compliant products. there are not that many for investors to look for poor invest into. there are certain economies, especially huge infrastructure products, in china for example. indonesia. even india. a of opp

yousef: what does this mean for politics in the middle east. in athey were at odds policymaking a lot more complicated. >> turks and the russians have a lot of differences. the issue of an islamists turkey is basically run by an islamist government. the russians are not comfortable with that. how much would they be willing to cooperate or collaborate with an islamist government remains to be seen. then you've got the shia wanted iran. you get many other factors at play here. i don't think it will be a total overlap of interests. see whatly watch and will continue with the other players. >> what happens with relations to the gcc in response? erdogan is looking for a new start. >> that still remains to be seen. we haven't seen him reaching out to the outer world that he has been reaching out to certain segments in the political process. is reaching out to the islamists in that world. that remains to be seen. as things look i don't think you can see a stronger gcc turkish relations right now. >> it is a was having you on the program. still to come

we in effect tried to make israel the scapegoat for the problems in the middle east. and this weakened our relationships with israel a great deal and put a cloud on the total commitment that our people feel toward the israelis. there ought to be a clear, unequivocal commitment without change to israel. in the far east i think we need to continue to be strong and i would certainly pursue the normalization of relationships with the people's republic of china. we opened a great opportunity in l972, which has pretty well been frittered away under mr. ford, that ought to be a constant inclination toward friendship. but i would never let that friendship with the people's republic of china stand in the way of the preservation of the independence and freedom of the people on taiwan. ms. frederick: mr. frankel, a question for governor carter. mr. frankel: governor, we always seem in our elections, and maybe in between too, to argue about who can be tougher in the world. give or take a few billion dollars, give or take one weapons systems, our leading politicians, and i think y

bloomberg markets, middle east.lenty still to calm including a conversation on the ongoing liquidity challenges and saudi arabia. stay tuned. this is bloomberg. ♪ yousef: welcome back. you're watching bloomberg. the hong kong exchange is the parent of the stock market here, in a moment coming out with it latest figures. that's what we have at the moment with revenues and other income of 5.6 billion hong kong dollars. let's talk about turkey and have a look at what's going on and bring in philip. thank you very much for joining us. let's start off with this visit by president erdogan. how far is that a snub to the west in a way, also being a pragmatic move in the sense that you need to have good neighborly relations? can you hear me? >> i can hear you. what about president erdogan's visit in st. petersburg, that's what we just ask you about. how far is that a snub to the west and how much of it is pure pragmatism toward good neighborly relations? officially we are investing in the middle east for quite a long time an

yousef: what about the middle east?being one of their most prominent lg any experts -- lng exports in the world. is that trend going to continue going forward? guest: i think so. i look positively on the lng market here in the middle east. this has grown quite substantially. it will grow further. ons is being based reinstallation units. this one country here, which surprises me, is saudi arabia. why they have not actually started importing lng, using these units. they can save large amounts of money if they did so. could they much save, then, according to your analysis? demand peaks in december, according to data. to one million barrels a day of crude oil, and also up to some 300,000 barrels a day of pestilence. what we have title viii about, based on current -- what we have calculated out, based on use,nt, if they got fsr floating units, to import lng, they can save us as much as $10 per barrel using lng instead of crude oil. it could be as much as $25 per barrel. these are big numbers. the saudi arabians have said thi

this is "bloomberg markets: middle east."gypt's prime minister said he expects saudi arabia and the u.a.e. to provide funding as part of the $12 billion i.m.f. deal. we have been following this story. what do you read into the latest comments from the egyptian premier? >> basically we know this is -- egypt has a $21 billion program over three years. the i.m.f. said they are going to provide 12 so you have a funding gap of nine. the world bank said three. the i.m.f. said egypt needs to raise between 5 billion to 6 billion before the deal, before the program can go to the board. the board cannot aprover a deal that is not fully financed. the question we asked the prime minister, the u. eambings pledged about $4 billion in april. do you expect these pledges to come through and provide the bulk of that remain financing? he said yes. starting to dispel some concerns there. last week he was asked a question at a press conference and he said arab countries have their circumstances alluding to the drop in oil prices. if the money com

i love the middle east. but you have to appreciate just how different it is and just how traumatized this region is. when i was in syria, it was before the arab spring. but i was writing about -- syria was so quiet. the middle east is a voluble place. it is paradise for reporters when they are not being killed. syria was so quiet. and i thought, "what is going on inside that box?" i thought, people know about america because of our movies. i would go over to syria and watch their movies and interview their filmmakers to see what their narrative -- physical abuse was the most common element in all of the movies. everybody i talked to had been beaten by their parents, by their school teachers, by their cops. this was not a single tyrant. this was the culture of oppression that had permeated maybe from the top down, or maybe from the society up. we don't know. but if you don't know what the terms are and the kind of culture you are dealing with, think of how dangerous it is to walk into that and try to repair i

i love the middle east.ut you have to appreciate just how different it is and just how traumatized this region is. when i was in syria, it was before the arab spring. but i was writing about -- syria was so quiet. the middle east is a valuable place. it is paradise for reporters when they are not being killed. quiet.as so and i thought, "what is going on?" thought, people know about america because of our movies. i would go over to syria and watch their movies and interview their filmmakers to see what their narrative was. physical abuse was the most common element in all of the movies. had beeni talked to beaten by their parents, by their school teachers, by their cops. this was not a single tyrant. this was the culture of oppression that had permeated maybe from the top down, or maybe from the society up. we don't know. but if you don't know what the terms are and the kind of culture you are dealing with, think of how dangerous it is to walk into that and try to repair it. [applause] >> we've got to get th

emerging market middle east editor is joining us.rying a line. -- drawing a line. >> pretty significant. i have been in dubai for seven years. the majority of that, i have been covering the dubai debt saga. and at the center of that is nak heel. this repayment is not so it was $1.2cause billion. local currency given to trade creditors. not so much involved in local market that it paid 10% returns per and him -- annum and it has been a huge burden on nakheel and the fact that they have isviced this and repaid it significant from the dubai story. consigneds the story to the wastepaper basket of history? >> i'm sure they would like me to say it is but dubai restructured tens of billions of dollars of debt. has extended its maturities over the next 10 years. withllion was restructured dubai world. dubai dry docks, a maritime company is currently re-re structuring. plus dubai group, another emirate holding company has restructured again over 10 years or so. they are not out of the woods but this is a milestone. the fact that they have pai

this is "blommberg markets: middle east".ia forming a new government after firing the prime minister for a lack of economic growth. just give us a sense of the political shockwaves that the latest of elements have sent. >> there are two ways to see it. number one, for tunisia it is not great that they are suffering political instability when they need a stable government to push for it with economic reforms. on the other hand, the outgoing prime minister made a point that we have a democracy that enables the country to push out a prime minister if the parliament so decides. it depends on how you look at it. where do we go from here? they are now going to look to form a new government. they have to present a new prime minister in 10 days and have a about a month to form a new government. it was expected. there was a lot of political pressure on the prime minister, trying to push through economic reforms. there was frustration that it was not going fast enough. there was some battling over positions within the government, so th

is it possible that despite some setbacks in the middle east, they have proved their point? our allies in france and italy are flirting with coming is in. we have recognized a permanent communist regime in east germany. we personally signed an agreement with the russians they easterninance in europe. we have built out soviet agriculture with our huge grain sales. we have given that large loans, access to our best technology. is that what you call a two way street of traffic? >> i believe we have negotiated with the soviet union since i have been president from a position of strength. let me cite several examples. shortly after i became president, in december of 1974, secretary the general cap on agreed to a mutual the ballistic mitchell -- missile launchers at the unit 2400. the soviet union, if that becomes a permanent agreement, they will have to make a their launches that they now have or plan to have. them andtiated with aimitation, moving of their -- limitation of moving their missiles. the first time any president has achieved a cap with this respect. it seems we can go

role in the middle east and the richer of the middle east especially with a new administration, whetheris donald trump or hillary clinton. you are watching and listening on this sunday morning, august the 28th. we're back in a moment. stay with us. ♪ >> monday on the communicators, how neuroscience researchers and ares research project see, working to develop ways for wounded soldiers and paraplegics to use the to manipulate computers. >> this is about trying to make whole the soldiers coming back from iraq and afghanistan for much of this century who come because of advances in body and were suffering blows that previously would have an back but are now coming with and dictations, these are young men and women in the 20's 30's sometimes, who have their entire lives before them. setting the brain prior, they a zeal to say this is a program that will make the people hold because we owed to them for the service they did for the country. >> watch monday night on c-span two. month, we ares showing booktv programs throughout the week and time time. booktv takes on the public affairs programm

would it make all the problems in the middle east go away? no. the question that john was asking me is why has this issue had such an enduring hold for presidents who felt the need to make this a kind of priority. the answer is because there was this embedded belief that this was the core of all the problems in the region. leaders have heard this over and over and over again. all i'm saying is it's not the core of the problems in the region but it could make a major contribution. one of the things i said was not just in the region but even beyond. to take something that is seen as being completely intractable and show that it's not could have a huge psychological benefit. it's not going to suddenly make every problem in this region go away. >> come right here to the side on the front row. >> thank you hi, my name is amanda and i'm with the israel project. thank you so much for speaking and for hosting. my question is, after john's john kerry's negotiation, you had the unity pact which some people would say the negotiations backfired and actually

going to disengage from the u.s. -- from the middle east?hey're looking for ways to hedge their bets. if the u.s. will continue its trajectory toward disengagement. that will depend on who the next president is. i would not take into seriously. i think it is a right of passage for people who want to kiss off the u.s. and to put pressure on the u.s. on the question of evidentiary standards and extradition -- there is no such thing as a a political extradition process. there still has to be some kind of legitimate judicial process. and judges are going to have to meet those standards. different --e bit there is the concern of whether or not he will get a fair trial in turkey. it is clear that he cannot get a fair trial in turkey. this is not a formal requirement for u.s. extradition, unlike eu. it is something that judges will probably take into account as they make any kind of determination whether or not exhibition should go forward. i understand that all of this is not very -- does not sound good from a turkish perspective. there might be a

they do not want anyone with the least experience -- middle east experience. that is the form of stupid we have to deal with. we have a saying in our field. try smarter, not harder. it is a simple statement. it goes right to the core of this. we have this belief that i often say that people ask me, how did we get here? it was not the lack of imagination. it was the imagination that they had in the bush administration who i hold responsible for everything broken is that they believed tom clancy was their inspiration for everything. tomsed to call it tcc, clancy combat. [laughter] it was like, we're going to fly to gaza to there and they will sniper one guy in the entire middle east will realign and they will love us. writertwo, the famous has a saying that i say all the time, especially when a deal trump, dealing with think before you speak, read before you think. it is not hard to educate yourself with true and accurate information. the reason i'm holding this book said because donald trump the time magazine this month, this is the last book you read. all 540

the middle east, two hours away from the open of emirates markets. when a.m. local time is they start their second trading day. we saw positive sentiment in that part of the world with the assignment oh hop up over 1%. doha up over 1%. david: we have reports of a highly and his beta review by the bank of japan on its policy settings. to introduce a way more easing. that is according to a survey bloomberg conducted last week. two thirds of analysts say there is an increase likely. that review will be presented to the boj board members next month. that the uk's serious fraud office has opened an investigation into fraud, .ribery, and corruption the plane maker informed regulators and the european export credit agencies of what it called misstatements and omissions involving outside contractors and some of these export financing applications, which it discovered through an internal inquiry. profit at singapore's biggest bank fell 6% in the second quarter. net income dropped to 780 million u.s. dollars. productions were made before dbs announced the losses related

this is an agency that houses voice of america and radio markey and radio free europe, middle east broadcasting and we will learn how these government agencies broadcast america's message to the world. we want to introduce you to amanda bennett who started a new job. what is that job? >> guest: i am the director for the voice of america. >> host: what does that mean? >> guest: it means i get to work with a couple thousand of the most talented and interesting germ journalist in the world which is really exciting. >> host: how did you get the job? >> guest: i think we thought it was a good fit. >> host: you have been editor of the bloomberg news, the philadelphia inquire, jow spent time at the "wall street journal". this is a government job. how is it different? >> guest: it is journalism and that is the same no matter who practices it. we have the obligation by the charter to tell america's story. we are the voice of america after all. what that means is we have a giant beat. i know how to cover a beat. journalist know how to cover beats. >> host: but can you be critical of u.s. policy in this p

. >>> japanese cuisine is starting to catch on in the middle east. there aree over 600 japanese restaurants in the region. twice as many as a decade ago. providing opportunities for rice farmers in fukushima who were hit hard by the 2011 disaster. hideki nakayama reports. >> reporter: this high-end supermarket launched a new brand of japanese rice. this premium variety is grown in fukushima prefecture. it's prized for its firm texture which makes it perfect for sushi. customers say they are worried about radiation from the nuclear disaster in fukushima. this is the first rice from the region to pass inspections and go on sale in the middle east. >> the only concern i have is because of the origin of the place. we trust the system very well. hence we'll trust your certification. >> reporter: he's spearheading the promotion drive for the rice. >> translator: there are a a l e number of japanese restaurants in the middle east. i think i it's a market with strong potential for us. >> reporter: so i'm here in a warehouse of japanese food importer. the ric

the fighting forces in the middle east.can initiate that embargo and we call for a freeze on the funning of those countries that continue to support jihadi terrorist enterprises. hillary clinton herself said in a memo that the saudis are still the major funder of terrorist sunni enterprises. if we started it, we and our allies to have the capacity to shut it down. >> just to be cheerk you said you would call for a military speck cut of 50%. you want all foreign bases closed. there is no question this is a complex question. are you saying there would be no military presence anywhere in the world and that would keep america safe? >> we have between 700 or 800 military bases around the world. do you know how many military bases all other countries combined have? about 30. there's something really wrong with this picture. do you know how much of our budget actually goes to maintaining this bloated and dangerous military budget? 54% of our discretionary budget -- >> so you would close all -- >> about half your income tax is goin

you are watching "bloomberg markets: middle east."t for brexit, one group says it there is plenty of opportunity as there is a surge in gulf-based buyers. joined by the ceo of the abu dhabi financial group, thank you for coming. exciting times for you by the look of it. talk us through what the demand has been like. >> absolutely. over the past two months or so, we witnessed a 15% drop in the pound. what it means for investors, it is 50% cheaper for them to purchase property in london. months, thisf two has generated huge inquiries for real estate in central london. we have been making progress in this. yousef: you mentioned the british pound and we have a chart to show how hedge funds are positioning themselves. they are betting on further declines on the british pound, so what does that mean for opportunities in terms of purchasing additional assets? opportunists are , but we do have a long-term view. having said that, a decrease in the pound will only make us be more demanding for such investments. in my opinion, the pound is almos

that right now is emanating largely out of the middle east, and a very small fraction of the muslim world. a perversion of islam that has taken root and turbocharged over the internet. that is appealing to even folks who don't necessarily know anything about islam and i'd -- are given practicing islam in any serious way. but they have all kinds of psychosis and latch onto this as some way of being important, magnifying themselves. and that is tougher. because that involves both changes in geopolitics in places like syria, it requires cultural changes in regions like the middle east and north africa that are going through generational changes and shifts as the old order collapses. it requires psychology and thinking about how do these messages of hate reach individuals, and are there ways in which we can intervene ahead of time? all that work is being done. we've got the very best people at it and each day there making a difference in saving lives, not just here, but around the world. but it's a challenge precisely because, if you are successful 99% of the time, that 1% can still mean hear