the middle east out trying to create desists so-called pragmatic. muslim states. which egypt saudi arabia jordan. and on the other hand they say couldn't care less as our leading the region. and. their way receipts from israel. the future of the region will be decided not in washington but somewhere. between moscow. and uncorrupt. and as the new sites because on the future of the next hundred years of the middle east. is discussed. mainly. in russia so. as idea that you can influence without being there. probably is american interests probably they do not depend on energy that comes from the middle east. their economic and political interest is in the far east india china. or south america. i do not blame the americans but i don't understand a spear a ship to shape the new middle east by trying to create this new as is this coalition. and by by pulling out. all the forces from the maybe tyranny and from syria. yet there has been turmoil in the united states recently with some of the freshman democrats facing backlash over statements that weren't too friendly towar

the strengthening american security and the middle east.oted for it and so did you senator mcsally. vote?s it an important let us give them both a round of applause. it was a hard: vote for me to take and an easy vote for me to take. there were issues that i thought had serious implications to first amendment rights. it is about strengthening america's ally with israel and proviso for more definitive support and support for jordan. support for our own national security long-term. that was the easy vote bury at the end of the day, though totality of the bill. not a just better for israel but the united states' security. [applause] it was a very easy bill for me to take. we were codifying between us and israel. i see that as the floor and not the feeling of our strong -- ceiling of our strong partnership. for us to come together to codify that as may sure they maintain their military edge and able to counter the bds movement around the country and the world. [applause] data legislation allowed states like arizona, for example, they are workin

saudi relationship and the issues in the middle east. he accepted president trump's nomination because he knows at this point in time it is important to have someone skilled to navigate such a multifaceted relationship in this very important for challenging region. and yes, the u.s. saudi relationship is indeed complex i know there's a lot of debate in this chamber and pressing foreign-policy changes in the middle east has a really to saudi arabia, yemen and iran and i'm sure he'll ask him hard but fair question. but here's an issue over which i think there should be no debate. we need a highly qualified ambassador in riyadh and we need that person there soon. i don't anchor has been a nominee before this committee who is so uniquely qualified and well equipped to manage the relationship of the post for which he has been nominated. john abizaid will serve his country as he always has with integrity, honor and distinction. i urge all of you to support his nomination and move to confirm him as soon as possible. thank you again, mr. chairma

-israel alliance by voting in favor of the strengthening america's security in the middle east.adies and gentlemen, please join me in welcoming arizona senator kierstin cinema. ♪ [applause] great to see you. thank you so much. take that chair. [applause] we are so thrilled to have you with us tonight, and we want to start with a very simple question. why is the u.s.-israel relationship important to you? >> well, certainly for the areas -- many will know this answer, but for those i haven't had the opportunity to meet, i would start by saying my own experience. i was really privileged years ago to travel to israel and see firsthand what the nature of the u.s.-israel relationship means on the ground, two people living in israel every single day. i often tell my colleagues that while the relationship is important, because israel is the only democracy in the middle east and our greatest partner -- [applause] relationship is important because it is critical to the long-term national security of the united states. it matters to us that we keep this relationship close. it matters to ou

relations and the issues in the middle east. he accepted president trumps nomination because he knows at this point in time it is important to have skill to navigate such a multifaceted relationship in this very important but challenging region and yes the u.s. saudi relation is indeed complex. i know there is a lot of debate in this chamber on foreign- policy as it relates to yemen and iran and i'm sure you will ask hard but fair questions. here's an issue in which there should be no debate. we need a highly qualified ambassador and we need not person there soon. i don't think there has been a nominee before the committee who is so uniquely qualified and well-equipped to manage the relationship for which he has been nominated. he has been able to serve his country as he always has with integrity, honor, and distinction. i urge you all to support his decision and move to confirm him as soon as possible. thank you again mr. chairman for the opportunity to say a few words about a great american. speak i think you very much. we wil

. -- in the middle east. for the shift on the contested territory has found fierce opposition and arab nations. bloomberg middle east executive editor joins us for the latest. the u.s. made their position quite clear on what they are thinking is behind this. how is this likely to resonate in the arab world and what reactions have we seen so far? guest: we've seen the expected reaction, saying whatever president trump has to say won't change the fact that ago one is syrian -- that the goal on his syrian --that the golan is syrian. this feeds into what president trump did with jerusalem in recognize israeli sovereignty over the whole of jerusalem and what is next? evenis just going to cause more upset than there already is about american policy in the arab world. yousef: the fight over the golan heights has been a fight for many decades, the mid-1960's really, now a bit of a capitulation by the united states. they always stood by the golan heights not being necessarily part of israeli sovereignty. in terms of h

is this your new policy in the middle east? jake, thatis policy in the middle east?d works agency for palestinians. palestinians living in israel, in the occupied territories. it is about $300 million, roughly. your response?” am not going to defend the administration's decision, i think it was a mistake. as i've said in the past we have tried to balance our support for israel with some relationship with the palestinians. over the years we have provided better manners amount of assistance for palestinians through the un organisation that takes care of refugees, which we should point out, what they do is they provide schools, hospitals, and they provide social services are destitute people. those are important needs and they need to be met. the us administration has also cut off the direct —— economic assistance for the palestinian authority. it has cut of security assistance for the palestinian authority. it has isn't —— even cut of support for private palestinian hospitals in east jerusalem, none of which makes any sense to me. if you are trying to do the ultimate d

test test test extremism, unfortunately, isn't just a curse for the people in the middle east. it's a curse for all of us. recently see what happens when an extremist attack haps between two nuclear armed powers like india and pakistan. we have a responsibility to do our best to help the people in the region, keep extremism from gaining the upper hand. when i think back to the days of the isis offensives not far behind us, it was terrifying to me to think of the idea that iraq could become an isis dominated state. extremism requires constant work on the part of the good people in the region and the united states helping people help themselves to defend themselves against it. as long as iranian state backed shia extremism and isis and al qaeda type extremism on the sunni side exist, it's important for us to stay engaged. and it's important for us to move in a direction that allow people in the region to have a better future so they don't fall prey to the extremist narrative of lies. when i think about the future of the region, if countries can reform, if countries can embrace th

which resulted in hundreds of thousands of deaths in the middle east and so all you can do is say it isn't worth that effort and. we've given those and dozens of talks or an outline people listen to us carefully and then they had nothing changes while in many of those talks you you mentioned the issue all for risk neutrality and i wonder if risk neutrality is even a possibility in the united states especially post nine eleven can any american leader be risk neutral when neutrality as a category doesn't seem to exist in the united states anymore at least when it comes to a public life and public discussion yes i think there's that as a important problem the issue for any public servant is to get the risk right the most important thing that governments do is protect their citizens in the united states constitution practive the first words of the government it will preserve domestic tranquility so consequently saving lives is very important they do not have an infinite amount of money even in the united states so they sometimes act as if they did and what they should be doing is spen

he with us now senior lecturer in international relations and middle east politics at the university of bradford he's on skype from mainz nice to see you in relations between iraq and iran can they operate outside of the united states they should be able to be there though they're the neighbors. yes they are needed and you know what is so interesting just that before for sure is it. president and the army is starting in iraq it's your opinion and you're a new president himself in particular has been going on about the fact that in american president in december on leave could visit iraq under the collar of darkness just to google to and american military base for a few hours to take if you pictures and then immediately kind of leaving the country and now president rouhani says that despite all the pressures that are not there is now an official busy and obviously this visit is not only going to be extremely important under the main simple security politics and economy but it is also extremely important symbolically for both countries in particular fall iran which has been facing with

the washington report on middle east affairs and the institute for research. middle eastern policy close to the event. grant: ok, everybody. so somebody asked, what if i already stamped my passport. the answer to that is, please go to registration. they have an endless supply of tickets to build they will only give you one and they will remember your face, so don't try to game the system. [laughter] passport.n show your make sure, no, every single one of those stamps was earned. make sure you had a meaningful transaction, interaction, and if you haven't gotten anywhere near then youour passport, have to more opportunities to do so. during lunch, and in the afternoon. it was incredible to walk into home and lounge and the so many , in their moving around. it is a little crowded. if it is too crowded you can always go to the restroom or the ballroom and interact with our fair participants th ere. i haven't had a chance to introduce the organizer of this conference. we are an organization that began doing middle east policy research in 2002. as part of that resear

if we're going to say that in n the middle east, thatn the middle east, then n might won thel russia, you real estate in crimea a warfare. this is an embarrassment. amy: and what exactly does it mean?? trump tweeted this, that he plans to do this. whwhat would have to happen to make it real? right to absolutely question. what is the value of the tweet? this is about the u.s. come a wiwithin the presidedential auauthority cocome to recognizie territoryy as sovereign, even if it violates international law. what would be consequential is how the international community response. the u.n. and turkey have decried egypt, so if we see the international community stand in opposition and the u.s. declaration will be merely that come a declalaration where the loneis alone figure -- a figure the wororld. consider when it moved its states to jerusalem, 128 at the u.n. voted against the u.s. and there been very few countries that have followed suit. what this demonstrates is the weakness of the united states and its waning influence. and d it says more about domestc concerns in the u.s. and israel

attacks in the middle east talking christian groups. talking christian churches and then obviously planning attacks both in the west get they don't seem to get the same kind of covert always that well it's a lone wolf somebody with mental problems working alone well no it's not the case we need to start to report these things properly and we need to pull all of them. no the only way you can address the radical the radical islam or the farm fresh islam or groups of this guy is to properly dialogue to report everything that's going on so people fully understand one of the things. with the government the british special british government is to try and deny everything you know or not talk about it's not for me so stop trying to treat things like. it's a long war. fire coming over let's get the reporting right let's get it problems and then find out what the problem is. to address these people or seen the these massive problems go away norm. the governments are not looking to tackle it. because they're not chuckling that gained momentum for

they're in talks to buy a middle east competitor.nd after dropping a few cryptic hints on twitter this week, we have coverage of elon musk's tesla news. and we begin with breaking news. tesla mystery solved. elon musk is launching a new model three at a lower base price of $35,000. the news first broke in the electric car blog after elon musk teased some mysterious news on twitter. california,00 p.m., tesla news. now we know what it's all about. tesla is holding an event at this hour where we presume they will announce this officially. tesla halted new car orders on its website. to discuss, we have gene munster on the phone in minneapolis, and in detroit, we have our bloomberg automotive reporter, keith. keith, what do we know so far? keith: going with a lower price model three with a shorter range gives you on the opportunity to meet these ambitious sales volume targets. they're planning to produce 400,000 model threes this year. that's a lot of model threes and you can't sell them all at over $50,000. having a lower price model thr

news coming to you live from berlin over before a shaky cease fire fails to take hold in the middle east has israel and gaza exchanged rocket fire into the night israel says it destroyed the offices of the hamas leader in retaliation for a strike deep inside israel also coming up. british lawmakers take matters into their own hands the house of commons votes to overrule prime minister may's breaks an agenda to take control of the process m.p.'s want a kind of way out of the crisis through a series of and to continue. and young europeans protest against measures that could curtail online freedom they want to stop the european union from implementing new copyright for web sites in a boat later today. hello i'm terry march and thanks for joining us we begin in the middle east and a second day of cross border fighting between israeli armed forces and militants in the gaza strip israel says it's intercepted dozens of rockets fired from hamas controlled gaza bombing targets in response this latest violence comes after a surprise rocket fired from gaza hit a house near tel aviv and despite an a

stance that iran is the main threat to the world and to the middle east. the iranian card is an easy one to sell in israel don't forget that back in the days of iraq being prime minister about half or maybe more of the israelis were willing to lease discuss the idea of returning the golan heights to syria that changed when ahmadinejad became a household word and when israelis were viewing the golan heights not as a syrian territory but we're actually seeing the image of a dinner just in the iranians on the ice that changed considerably so iran is a very safe and good bet for israelis who are do you think that we would be even talking about this announcement or the shift in policy if the syrian civil war had not taken place or if the outcome had been different i mean if we were talking about a strong syrian regime i know bosch or al assad is still in power but if it were stronger like it used to be. so you know clear in its position of basically taking that land away from syria and letting israel have it. well it's very significant as the the putin card a p

it's "daybreak: middle east." in yousef gamal el-din dubai. on the ecb chief economist, saying a tiered rate would mean a monetary policy cape. we will get into some of the other lines from an exclusive the ecb chiefith economist later on in the program. i want to get back to what's happening in u.s. 10 year yields, hitting a fresh low in the asian session. a five year option overnight did not do much to dent rally whatsoever. you look at the other bonds around the world, australia and fixed income has gone mad. that's out futures worst puts it. there such a strong drive insert for quality assets out there. u.s. equity futures a little lower at the moment. there's a sense of consciousness, trying to understand the large move into fixed income market, also reflected in the asian equity session. let's take a quick look, stocks declining across asia. , down 1.6%. begin is headed a little higher, we've got that haven demand that's back. it's remit to rely and then you have the turkish lira on the move, down 1.5%. it's ahead of crucial elections. w

deputy --ha, executive director for kristi's middle east.n room next -- rome next. this is bloomberg. ♪ yousef: italy has joined china's trade project, drawing concern from the u.s. and western allies. nation tohe first g7 join, signing deals worth $23 billion. kevin, set the stage for us. for what appears to be a critical few hours for italy. >> yes, as a matter of fact, the deputy premier matteo salvini criticize the deal almost as it was being signed on saturday. he said china is not an open economy. the state has a heavy hand, including in the legal system. the european union is also upset. they have been looking for a united front regarding china. italy is abandoning that idea. what needs to be done to perhaps resolve the concerns that critics and skeptics on the sidelines have? >> right now, italy seems to be plunging forward with this idea. they are shrugging off the concerns of the eu and the u.s.. right now, italy will be going it alone. there will be plenty of talks among various eu leaders to see if they can restore some kind of u

and uber makes its mark in the middle east.is the ride hailing giant's biggest deal ever. ♪ nejra: good morning come everyone and welcome to daybreak year. we are just under an hour from the start of cash acquitting trading here in europe. european equities closed lower yesterday along with global equities. the u.s. did not do so badly as the rest of the world. in terms of futures, we are seeing more of a risk on tone in markets. the future is in europe more subdued. struggling.ures hovering around 0.2%. up a bit.tures nothing too aggressive. 0.7%.quities up bond markets -- yesterday, the treasury yields dipped below 7114. the inversion of the 10 year yield curve. today, we have been seeking by aboutving higher three or four basis points on the 10 year treasury yield. you can see that in the 10 year yield futures. europe, the poland -- the 10 year owned yield staying negative since yesterday. not a lot of directionality. perhaps, it will be unchanged of for a lot of the session. let us check in with juliette saly in singapore.

looking to get out of the middle east. one has to start thinking, what is our leverage, not only with the iranians, but with other parties there? jake: yeah. the question i would pose, if we properly judge iran to be a strategic and structural threat in the middle east, is the answer, do we have a bunch of american troops in the region, possibly to fight them at some point? i do not find that to be a particularly compelling in a world full of challenges we need to grapple with. we have to get creative with how we build that leverage, and a lot of it means reinforcing friends and partners in the region, but also thinking about what the long-term outcome is that can work for everybody. yemen seems to be a place we could start, and then for me, while we continue to have some modicum of leverage in the syria context, finding a way to work with a range of actors to try to put some weapon limits around iran there, i think these are available options to us if we are smart about doing it, and getting out of the middle east militar

correct now my initial idea was to discuss with you this latest bout if american diplomacy in the middle east but i think we need to start one week earlier with a speech that mike compared delivered at a conference in houston in which he's sad that russia invaded ukraine to get access to oil fields that iran is pretty much doing the same in its own region now on russia ukraine he basically wrong whatever motivates moscow's policy on the ukraine it's not or oil but what about iran east task really after energy no it's not a question of energy i think it's much more about influence. iran wants to increase since your strategic and geopolitical reach in the region this is something that every country wants to do the iranians want to strengthen their muscle and strengthen the region strengthen their influence and to use it in there as part of a balance of power game against united states against israel and the saudis and at the same time i think the iranians want to increase their leverage in the region as a means of us part of a power play within iran because there are parts of the iranian politi

what's a little buck sheesh between some friends in the middle east democracy and they're willing to overlook that absolutely because his message is that israel needs him that he is mr security correct correct not only do they need him but no one else can do the job and he's successfully convinced many many israelis can or a long period of time that he is the best guy for the job and you know i will give him credit on this there's not a lot of people world leaders today that are very close with trump and they're not a lot of world leaders that are very close and have a good relationship with putin and he's probably only one that has both of those things so that is appealing and that is attractive to israeli voters who have a geo political sense of what's going on and security is very much on their mind in the region in israel itself and in the region he mentioned trump and it's hard isn't it akiva not to draw parallels to donald trump who is also coming under fire in d.c. but has a very strong support base at that listens to chumps message which is seven s. netanyahu is that he's the

manus: you are watching the best of bloomberg daybreak middle east. slide, breaking through the moving average. when might it stop? one of africa's longest serving leaders bows to public pressure not to seek reelection. crude climbs to a 2019 high on fresh industry data, and opec and the allies keep up the cuts. ♪ manus: saudi stocks extended their losing streak to a fifth straight session monday, the longest run since december, leaving the gate a few points from crossing the average. although one of the 12 members fell. we have more with eric schwartz. eric: we are fully invested. we see opportunities in the gcc markets. our favorite countries continued to be saudi arabia and kuwait. we focus on banks in these countries. there are a couple of factors driving price movements at this point. one of the most important is the index inclusion, which will be playing out over the course of the next year. this thursday will be the first tranche of index inclusion for the ftse index. so we expect to see a large amount of passive money coming into saudi arabia,

of the united states sort as much aware that today middle east then mr obama mr obama has a record of selling military machine eighty to middle eastern countries including saudi arabia ok but david a very it was very quiet and nice the question after all that is no not much of a big difference when it comes to republicans or democrats when it comes to foreign policy did it come together the other day have certain. policy. differences but at the end of the day they really come together in fact in fact i believe and if it is true mr trump it's not that regime change it it is not an interventionist it has always said that i don't want to get into it if we're not to get out of syria i can promise you that he did it without how dare a person intervene in syria militarily it will never have given up when i sat. but dropped a ball i think there's a lot of misunderstanding of what rob is doing or would trump is just a medic i don't know this already i'm fortunate that a lot of misinformation is going got out. did what they owned it isn't that's the case is because mr trump has a big mouth. th

and the art exhibit the promise is a glimpse of life in the middle east. dry couple of days quite possibly for most of china we could almost call it spring now that the spring rains are just taking a back seat but we are feeding in motion the size coming in from the west a two will combine he will generate some right through the yangtze valleys north of it so on in shanghai to example cities that could see rain or wednesday was if you're fit assassin if you're visiting hong kong you see.

just want to put to you that the trumpets as move unilaterally in the middle east on several occasions flying in the face of international opinion perhaps this is a smart move off the years of zero progress in the region just shake things up and see if we can get some reaction towards peace. i mean he is shaking things up doesn't mean that it's going to be of the way he wants i mean george bush shook things up when he invaded iraq at the time the u.s. standing in the region was relatively good at the end today the u.s. standing in the region actually is quite weak and the iranians are now actually in a stronger position than they were back then eyes for see something very similar happening here whereby we have very short term solutions being pushed down the throat of everyone in the region to the benefit to their right wing israelis not even the whole benefit of the situation what happens when they annex the area c. and start having questions about can you be a jewish state or a democracy there's plenty of questions and let us not forget that the issue here of the golan height is not s

it is the only democracy in the middle east. it is our best friend there.s important that we have that relationship with such an important actor in such an important place. we all know what iran's been doing, combatting their behavior is incredibly important, and our partnership with israel in doing that is most important. >> i want to pick up on that point about iran and the region given iran's nefarious influence in syria and iraq and lebanon. what can and should the united states be doing to address iran's maligned influence in the region? >> well, we've already done something really important. i spent a good share of the eight years before trump fighting jcpoa. i was very vocal about it. a lot of us felt strongly about it. when president trump became president, i personally lobbied him to get out of the vcpoa, and i couldn't be more proud of our president in doing that. i argue with our european friends all the time. i don't get it, and i tell them i don't get it. why they'd want to hold hands under the table with these decemb people when they should be

we also discussed other issues in the middle east like to thank. the russian delegation for the ideas. and the opinions which we find very valuable i know that minister lavrov of. deep knowledge and is very well versed in these issues. conflict this is their conflict the middle east is very close to us. and we have an interest in prosperous and secure middle east that it's not just about the suffering of the people who live there but it also talk about the chip geopolitical issues. but. good afternoon my name is. r.t. . i'll start off. by saying that just recently donald and present. the last congress for five hundred million dollars. to be sent to europe. to with stand. with russian meddling russian interference. with what's the cost. weapon against russian interference in europe. well on a more serious note i understand that. there will always need money but still i mean. what's your stance on it and also on the i.m.f. treaty what do you suppose the. initiative by donald trump and does it truly fit with. european security interests and. do you th

visit ncicap.org >> welcome to the best of bloomberg day break middle east. oil is hitting a year to date high. after opec on its partners committed to production curves until less june. independent producers were meeting, and i was joined on tuesday. >> not exactly on the naughty list in terms of not come applying, but they are exempt due to external factors that re hurting their country's production. two are venezuela and iran because of u.s. sanction. i spoke to the national oil company chairman as well as their minister. we spoke about what they are doing to boost their production. one of the big things is that they are really bread and butter oil field just came back into play early march. this was after it was ok pilet for three months by armed militia. take a listen to what he had to say. our production now is enhanced. before two weeks, the reduction was around 900,000 barrels a day. now it is in range of 1.2 million barrels a day production. >> what about the outlook for the future. do you think you are going to get it up to the heights of like 19.6?

jared kushner is right now in the middle east trying to bring about peace in the middle east. four "new york times" journalists share the by line, one of them is joining us in a moment. they ordered his commander in chief to grant his son-in-law jared kushner a top secret security clearance last year. trump's decision in may so troubled southeastern administration officials that at least one, the white house chief of staff at the time, john kelly, wrote an internal memo about how he had been ordered to give mr. kushner the clearance. the white house counsel at the time don mcgahn also wrote a memo outlining the concerns that has been raised and how mcgahn recommended that he not be given a top secret clearance. the times also reports the memos contradict remarks the president made during an oval office interview just last month. >> you tell general kelly or anyone else in the white house to overrule security officials >> no. i don't think i have the authority to do that. but i wouldn't do it. jared is a good -- i was never involved with his security. i know that he just from r

the threats to the jewish people is on the rise in europe, here in the united states and in the middle east and for me this is deeply personal. this is a community i represent and a community i love. as mayor of the largest urban jewish community on earth 1.2 million strong i've been called to neighborhood whose menorahs were smashed. i have spoken at schools who have been painted with swastikas. i sat with a mother whose son was attacked just for wearing a --. i know that anti-semitism is dangerous and i know it leads to violence. that reinforces my commitment to the survival and security of the state of israel. the jewish people cannot be safe without the state of israel . as a progressive here is what i see when i am in israel. i see a multiracial democracy. i see universal health care, free college, a strong labor movement you've often heard it said that israel is america's closest ally in the middle east and a great center of innovation. all of that is true, i am moved by something more than that. israel at its core is there to shelter an oppressed people that is why i am here to make

weather looks decidedly unsettled across a good part of the middle east over the next couple of days that a cloud showing up on the satellite picture making its way through iran pushing over towards afghanistan in the first bit of that cloud also affects in the gulf you'll notice is to go on through the next couple days. which will pilots way down across the caspian and the other the black sea when she whether they're just around armenia maybe towards georgia as well be some pieces of cloud a few spots of rain there into syria and that's all gathering it's all making its way further east was about a tall become into sunday look at that really heavy rain there it's a good part of iraq western areas of iran and yeah a fair bit of snow also spilling in across that eastern side of the relevant laws the drive for many by rotating in celsius the nazi bad here but we have got some wet weather that you can see into syria from that same weather system the same weather system bringing some disturbed weather down across saudi arabia tools concert was bahrain towards that southwestern corner of