figures estimate the value between 1.6 and one point $7 trillion, falling short of the amount mohammad bin salman had hoped to reach. it could makake the public offering the most valuable in history. passing the current theydholder, in 2014, brought in 21.8 billion dollars on its first day of trading. portionsion to sell a industry.is a wider the global movement against climate change seeks to reduce dependence on fossil fuels. >> officials are expected to allow companies to c continue doing business with huawei. >> thehe trump administration is set to issuee a 90 day extension that allows firms contact with the chinese giant. huawei was blacklisted in may. issued expectations to avoid disruption. also to be used as a bargaining chip. the latest reprieve comes as people spent time e and phone calls to work out the details of a phase one deal.l. >>>> how are the m markets developing?? >> global markets are still near its record h high. the ftftse 100 is up a around oe third ofof 1%. the frankfurt dax off .10%. made monday. the hongng kong index finished p over . .33%. >> the negative sentiment has

is mohammad bin salman's attempt to diversify the economy.he figure dropped by 18% in the first nine months of this year. highlights a series of risk factors. also, specific factors, like how a shift to electric cars could cut demand. ipo comes after a series of bombings, crippling the heart of its facilities, cutting it output for weeks. industriaial gitt has agagreed to rescue brititish ststeel. >> they collapsed into liquidation back in may. ishinese conglomerate onboard in principle to take over the company. the deal would mark a new lease on life after last ditch talks with its owners. specicializes in iron and steel and has investments in tourism, hotels, and real estate. corporateions of sexism. this time it is not harassment or a pay gap. >> it is apple's new credit card after a number of male techh luminaries werere offered credit 10 or more timemes higher than their wives. financial services that deterermines the credit limits for the cards will investigate. seeill bebe interesting t to what is behind that decision. >> thank you. up

mohammad bin salman is the youngest and a powerful figure in saudi arabia. pastime,ite first-person shooter video games. >> he is someone who lives in this ulterior world, where you canjoin -- where you control l an entire game wititha joystick. you're are thehe master of life and death. >> he shoots first. he asks questions later. >> hailed as a reformer by the west, re-add's new strongman demonstrated his brutality by declaring a bloody war and in yemen. has claimed the lives of seveveral tens of f thousands. on the borders of ththe saudi kingdom, mbs found an ally in ziad,ape of mohohammed bin or mbz. dhabiown prince of abu ruled with an iron fist. mohammamad bin salmlman is a militatary man. ziad is -- mohammed bin a mililitary man. >> in order to establish ththeir dominance in the middle east, they identified enemies that needed to be defeated. this noisy neighbor is accused of collusion with islamist groups a and an overly friendly relationship with iran. the amir of qatar was to overshadow - -- biggegest mistae was to oversrshadow the other t, byby st

a saudi official who leads a charitable organization that is owned by the country's leader, mohammad bin salman, who u.s. intelligence believes approved the operation to kill khashoggi. there is in the criminal complaint a referral to royal family member number one. tonight in a statement twitter told cbs news that it is cooperating with the f.b.i. norah? >> o'donnell: all right, jeff. thank you. more than 48 hours after nine american women and children were massacred in mexico, there are conflicting theories about what happened. family members we spoke to today inside mexico insist their loved ones were intentionally targeted by a drug cartel. we obtained heartbreaking images today of family members gathered at the ambush scene. there are reports the five children who escaped with injuries are doing well. manuel bojorquez traveled into cartel territory today near the site of the attack and spoke with family members. >> this is the moment a seven- month-old girl was found alive inside a bullet-riddled s.u.v. "we found a baby alive," says a relative. the girl's mother, christina langford johnson

aramco's initial public offering after counts prince -- crown prince -- crown solomon prince mohammad bin salmanicipated. one of the fascinating things about this now is the capacity we are talking about. there is a valuation gap for starters. in terms of what we are talking about, do we have a sense of what will hit the market? >>>> the valuation gap is one of the more interesting things. a range between $1.2 trillion and $2.3 trillion. if you were to add up the market cap of exxon, chevron, and sh ell, even that would not amount to the $1 trillion gap. that is because we are seeing banks and analysts struggle to throw their arms around what this huge enterprise represents in terms of profitability. in terms of all the other spending. this is obviously a company that is not spend on capex, drilling, pipelines the way other companies and major multinational oil companies do. they have a huge amount of money that goes back into saudi arabia. those programs as well as some concern about what the oil prices will be beyond this year and where saudi arabia may have to go in terms of increasing output

kushner went to see mohammad bin salman who told him it will be ok, things will calm down, which gavehe green light to do it. if it was not going to offend the saudi's, others would come along. noturns out, it may have offended the crown prince, but it mightily offended the king, and he is still the king. he has come out repeatedly, condemning trump's decision, making clear saudi arabia will not support anything short of an independent palestinian state with east jerusalem as its capital, which is not part of kushner's peace plan at all. , kushner's of that move in recognizing jerusalem as israel's capital, the united states is no longer a promised broker, but it also forced the saudi's out. without that, they don't have the arabs. you cannot make peace if you don't have an error of interlocutor. david: we are talking with martin indyk. understand, you know better than i do, comes down to alignment of interest. to what extent does the u.s. have a partial alignment with saudi arabia? sometimes the president and jared kushner talks like we are friends, and that will take care of it. no

his murder should not be forgotten or excuse, the murder was ored by the saudi crown prince mohammad bin salmanca's heros in veterans day, one writer thinks it's propaganda, rip it is annual tribute claiming the nfl is cashing in and using veterans day for branding, brian specifically pointing to the camouflage gear on the sidelines and how the league use today charge for field ceremonies. in turn continues to be engaged in a staggering level of hypocrisy. hollywood a-listers gather for the people's choice award, singer pink miking a fiery speech while accepting the champion's award. >> i don't care about your politics, i care about your kids, i care about decency and humanity and kindness, stop fighting each other and help each other, get together with your friends and change. jillian: comedian kevin hart making first public appearance since devastating car accident accepting the comedy act of the year award. >> thank god because i definitely don't have to be here. being that i am, it makes me appreciate life even more, makes me appreciate the things that really matter, family, i truly want to

this has obviously been a three year process to get to this stage since crown prince mohammad bin salmanst announced his intentions to take it public. so, yesterday, this was formally announced. the offering is taking place. so we sued -- so we should see shares traded around 5, 6 weeks time. still, a lot of questions unanswered. no details revealed around the size of the stake. no details as to what sort of valuation the company is expecting to achieve despite the fact that a lot of conversations with investors in saudi arabia and around the globe have taken place. the next big thing we will be looking for is the publication of the prospectus when we will hopefully start to see some of these questions answered and start to get a bit more insight into how investors will price this. we will likely see some price ranges coming out. thee are looking at here valuation from the banks on the ipo. this range is huge. bankamerica saying it could be worth as little as 1.2 trillion, goldman sachs saying it could be as much as 2.3 trillion. what are we learning from the research that is coming out

minister for many years, but also mom at been some on'-- it also mom and been so long -- but also mohammad bin salman'sr. he will be putting a lot of pressure, we think, on countries like iraq, the uae, and even russia to make production quotas. romaine: the idea that they've accommodated this cheating for a while, this isn't really something unknown. that accommodation has sort of kept this lock together. if they take a harder tone, could you see some members may be pull out? will: i'm not sure we will see that, but there are risks, absolutely. if you take too hard a line, people will just keep cheating and you've achieved very little. that i do think it is interesting that saudi production is back near 10.3 million barrels a day this month, which is around the quota level. some of that reflux the fact that after the incidents in september where the crude processing plant was attacked and they have used stockpiles of perhapsthey are showing that saudi arabia is less willing to carry the burden for other people, and if the rest of the group once compliance, they are going to have to do their fair share

it finds one year afterer murder, saudiutal crown prince mohammad bin salman's kingdom continues to arbitrarilyetain countless activists, regime critics and clerics. the report says there is a darker reality behind prince mohammed's widely touted initiatives for saudi women and youth, including mass arrests of women actitivists, some of whom have allegedly been sexually assaulted and tortureded with elecectric shocks. severalal top trump administratn officials recently joined financial industry executives at a saudi investment forum known as davos the desert. stephen nguyen, senior advisor jarrard kushner, led the u.s. delegation of other attendees included stephen schwarzman, co blackstone group, tina powell mccormick of goldman sachs, and larry fink, ceo a blackrock. we're joined now by adam coogle, middle east researcher at human rights, author of a new report titled "'the high cost of change': repression under saudi crown prince tarnishes reforms." welcome to democracy now! talk about this whole issue of the justice department going after the former twitter employees for spying on dissident

mohammad bin salman that sits on trillions of dollars of money.o the reason this matters so much is we are learning how they conduct foreign policy. and it's not a leap to think this is how they are conducting other places. for the republicans in congress to not treat this seriously is actually them saying we are okay with that, we are okay with complete corruption of american foreign policy for the president's personal interests. and frankly we are okay with putting a country that has been invaded by vladimir putin's russia in this position. i think republicans really need to stop and think hard about whether they want to keep going down this rabbit hole. >> phil rucker, let me ask you sort of to try to wrap everything up. the white house has the transparency that it sent its sycophants. what is the strategy for dealing with the substance here? or is that not on the agenda? >> well, nicole, it seems to be evolving. the strategy through the first sort of month and a half of this impeachment inquiry had been to ignore the substance and focus all th

andave mohammad bin salman as a result of these two things, we have seen two developments. one is that they are no longer relying on the united states. you see that both in their turn toward a more positive, focused relation with russia and china, but you also see it in turns -- in terms of their decision that they are going to take on greater responsibility for their own security, their own protection, than they did before. for are not going to wait the seventh cavalry to come over the horizon anymore. they are going to take that on themselves. we can talk about whether they are good at it or not. it doesn't matter. the reality is, they're going to pursue it and that has strong locations in terms of our own role and responsibilities in the region going forward. >> i can add one quick point to this. heardmber of times i have semi-informed american commentators say that we are now in oil exporting country reinforces this perception that when the balloon goes up, we are not going to come for it. >> it is absolute nonsense. >> what about putting this into larger context before

you have crown prince mohammad bin salman saying he wants to get a $2 trillion valuation but a lot of wall street analysts saying $1 trillion is really realistically what they can see here. but the company isn't saying when it's going to ipo, or how much of the company is going to be sold. right now, there's still a lot of speculation out there. i will say with respect to the valuation, if it's on the $2 trillion mark it would be twice that of microsoft, right. you think about this, and wonder if with oil prices where they are, that really makes sense anymore. but sources are telling reuters, as a matter of fact, that the company could offer about 1% to 2% of its shares, raise as much as $20 billion to $40 billion. a deal over $25 billion would make it historical, it would top the record-breaking ipo of alibaba in 2014. this is definitely one to watch for. but remember, the saudis are notoriously private and secretive. they don't really want to tell too much about the company to the public, yet they want to bring the company -- or the public money into this. that's a hard sell. but th

it's believed mohammad bin salman ordered the killing, which he denied. in recent years there has been a debate about the amount of user data that tech companies have and their ability to protect it. this case again puts the spotlight on that issue and how governments try to exploit the information. >> makes you wonder if there are others out there, jeff. thank you very much. >>> this morning turkey's president is accusing the u.s. of not living up to its commitment to move kurdish forces out of northern syria as president trump had promised. u.s. troops are still in that region where the recent arrival of syrian troops backed by russia is making area more dangerous. charlie d'agata has been covering the story. he's following a u.s. military unit in oil fields in northeast syria. >> reporter: for most of the morning we've been floming the u.s. military convoy as they've been visiting oil fields in this region in northern syria.rdedoo trump so they don't fall into the hands of isis, and their mission has changed over the past couple of weeks. it was only a

saudi arabia has set aramco's valuation well below mohammad bin salman's goal. the kingdom.size of the sale as it looks to ensure the world's largest oil producer successfully lists next month. joining us on the phone from riyadh is matthew martin. great to have you with us this morning. although what we have learned over the weekend is the plans are a long way from the initial aims, will saudi arabia still see this ipo as a success? matthew: i think that is a great question. the goal posts have shifted significantly since this was first mentioned around three years to four years ago. initially, it was going to be a $2 trillion company, a 5% stake, with an international listing, a way of attracting foreign investors into saudi arabia. now, what we are seeing is very much a local deal. it will be listed on the stock exchange in riyadh. it will be a much smaller states, one .5% of the company. evaluations up to 1.7 trillion at the top end of the range. and no word as yet as to if or when an international offering may well take place. i think if we see the listings successfully

khashoggi reportedly stated the saudi government banned him from twitter, cia later concluding, mohammad bin salman likely ordered the sas mays, the something that the crown prince has purportedly denied overnight twitter responded saying they have tools in place to protect user privacy. we recognize the lengths bad actors will go to undermine our service. our company limits access to sensitive account information to a limited group of trained and vetted employees and law enforcement sources tell us that the u.s. citizen has been arrested in seattle and has made his initial appearance in court. they tell us that the two others are still being sought and did not provide, hoda, any information about their whereabouts. >> keir, thank you. >>> a major security scare at one of the busiest airports in the world, flights delayed, planes left stranded in amsterdam. dutch police got a hijacking alert from the cockpit of a jet that hadn't taken off. police flocked to the scene. nearly two hours later it was over and the airline explained on twitter the alert was activated accidentally "nothing has happened.

nejra: saudi arabia has set aramco's valuation well below mohammad bin salman's $200 billion goal.nt reports saudi aramco canceled a london-led plan by pierre -- by a roadshow. east energy reporter anthony dipaola joins us. let's talk about first a london leg of the ipo roadshow and the cancellation of that. do we know why this has happened? to talkco. not much about when we talk to the loan leg. like really looking like it will rely on domestic money come on saudi money. they announced yesterday when we saw the updated prospectus that they would not be marketing it in a number of countries, including the united states. the others were canada, japan, and australia. selling toention of the qualified financial institutions in the u.k., so there is said to be some marketing, that is canceled as well. we don't know the exact reason for that, but because they are focusing mainly on those domestic investors and other institutional investors who are qualified to invest through the saudi stock exchange, so some u.k. investors, also you and us investors, will be able to take a piece of the

david: the real question is what does mohammad bin salman think? his money is most involved here.om saudi arabia come as i understand it. this is a guy whose standards i also do not agree with or applaud. his judgment is clearly egregious on other matters. son can convince him he should make a bet. tom: david kirkpatrick with us. thank you. tom is on the phone to his wife. do we own any softbank? outme show a chart on cvs, with earnings. if you can grab up this chart, this is known as a train wreck acquisition. cvs goes out and wants to get modern and they are enjoying from 1.10 down to -- on a bit of the beat. they spend it with nice guidance. going forward. that is a really difficult chart . this is bloomberg. ♪ tom: nejra cehic in london. i'm tom keene in new york. we are looking forward to speaking to evans in new yorker he always speaks his mind he had two important speeches, including in europe. they say a lot about courage and what are monetary leaders need to do. we have the courage to combine tom porcelli with david kirkpatrick on the single best chart. this is never been

the elite national security officials in the united states have been increasingly alarmed at mohammad bin salmanr, okay, this country does not share our values democratically and we're very opposed to the sort of religious theocracy that is exported from saudi arabia. but now the bipartisan support has been chipped away with the disastrous war in yemen and this sort of permanent stain regarding jamal khashoggi's murder which the cia believes was conducted and ordered by senior officials in the saudi government. so the state department has largely been following the orders of the white house and trying to do anything it can to preserve the u.s./saudi relationship and mike pochl hmps been the point person, he is meeting continuously with bin salman, smilinging in froe ing relationship is crucial to continue. and meanwhile congress has been more irate with republicans and democrats breaking with the administration and for instance voting in support of withdrawing u.s. military support for the war in yemen 37. >> john hudson, we'll be following your reporting. and elyse labbot, we'll be reading your