here we have ann moody whose body is literally embattled, right? she was on the front lines at a sit-in movement, trying to get african-americans better access and equal access to a woolworth lunch counter. and she gets ketchup and mustard and spat upon and racial epithets hurled at her and all those things. and the first place she decides to go is sort of a bizarre place, and maybe even a foolish place, to a beauty shop. she knew she could get her hair washed there, right? we understand that, right? she literally has stuff caked in her hair. she didn't even have her shoes, like she said, because she had to run away from what was happening in the woolworth. but i think the way she describes her treatment once she gets into the salon is something that can help us think about black women and black women's roles and the importance of institutions that are sort of owned by and run by black women in sustaining women like moody who were on the front lines of the movement. she knew that in the beauty shop, it would be a safe place. it would be a refuge fo

let's start with moody. let's start with a place where the work in -- and research that i have done intersects with and moody. i don't know if you caught it but i open up the chapter in my book referring to an experience that and moody had while she was in a sit in. i will read briefly from an excerpt of it. if you want to follow along. it is on page 293. so this is after moody was in a sit in that turned violent and she says, before we were taken back to campus, i wanted to get my hair washed. it was stiff with dried mustard, ketchup and sugar. i stopped in at a beauty shop across the street from the naacp office. i didn't have on any shoes because i had lost them when i was dragged across the floor at woolworth's. my stockings were sticking to my legs. from the mustard that had dried on them. the hairdresser took one look at me and said my land, you are in that sit in, huh? yes, i answered. you have time to wash my hair and styling? right away she said, and she meant right away, there were three other ladi

turkey's credit rating has been lowered by two key agencies moody's and standard and poor's now say it's become more difficult for turkey to make payments on its debts the country's already being rocked by a financial crisis and sanctions from the united states are reports from new york. for the turkish lira it was a week that could not in soon enough he week that started with the lira sliding to a record low of seven point two against the us dollar the currency has lost nearly forty percent of its value against the dollar this year alone as a full fledged economic crisis continues to simmer the trump administration this

let's start with you, pastor van moody. received blow back after being at the white house on wednesday. tell us about that. >> i received blow back, vitrail and name calling, a number of people that were a part of what i'veer done. many said they're leaving. many people expressed anger and frustration because i was there but also because one of the comments i made was misunderstood and taken out of context when i thanked president trump for having a heart of all people as relates to this issue with prison reform and work force development so it's been quite a challenge, but once again, i think the purpose of trying to make a difference in the lives of people that are marginalized and voiceless is so much bigger than personal attack and political ideology. that's 80 went in the first place >> laura: how ironic -- that's why i went in the first place >> laura: how ironic we have a president who seems very open to taking on this very complicated issue of prison reform, ending this scourge of recidivism in federal prisons, 66%

two major credit rating agencies have low wood the grades for the move by moody's and standard and poor's puts more pressure on a country that has been rocked by both an economic crisis and deteriorating relations with the united states gabriel reports from new york. for the turkish lira it was a week that could not in soon enough he week that started with the lira sliding to a record low of seven point two against the us dollar the currency has lost nearly forty percent of its value against the dollar this year alone as a full fledged economic crisis continues to simmer the trumpet ministration this week threaten to impose additional economic sanctions on turkey over the country's continued house arrest of a u.s. pastor on terrorism charges the diplomatic standoff led trump on friday to again say sanctions are justified turkey has in my opinion acted very very badly so we haven't seen the last of that we are not going to take it sitting down they can take our face but some analysts say the u.s. is being overly aggressive with the sanctions and use them to march and use them to recklessly

now, both moody's and s&p have them on the verge of junk status.d be a significant development. it was in junk during the financial crisis. and got eight the of money because of that were able to stay out of bankruptcy, unlike oney, they got a ton of m under mullally. and there is a range of things. they said in north america, their margins are underperforming and shrinking. definitely their strong suit, but overseas, they have problems in europe. to hurt, andng they are losing money in south america in a big way. haidi: thank you, craig. let's take a look at what has happened in the last hour. tpg and vodafone reaching a deal. not had an easy time in australia. in fact, it has been quite a complicated, high-pressure environment. does this change the outlook? reporter: that is right, haidi. coverage issues, and customers have been known to complain in some areas where vodafone has been a bit touchy. that said, they build up the millions, andby that is certainly not is certainly not insignificant. what this deal does do is it strong presence in the

nbc's sean moody takes us to salt lake city. >> reporter: it may have been 25 years, but when you hit it sure doesn't feel like it. >> it's like bringing your childhood back to you. >> reporter: orlando montoya grew up watching it. now he gets to share it with his son phoenix. >> you're killing me. >> reporter: that's the kind of thing the cast of the movie has kid over the are picking up the film. and i see little squints and generations of fans.round. that was something special. >> reporter: most movies don't have this kind of emotional staying power. they think it might be because their onscreen friendships were so genuine. >> all these guys are like brothers to me. i think it comes across on the screen. that kind of camaraderie, everybody wants to have that group of friends. >> reporter: as these generations gather years later, they're thankful for one of the in for me because i grew up with them. this was part of my childhood. to bring this back to my kids, they get experience now, it means the world to me. >> that was sean moody reporting. we're all talking about that movie and

pastor van moody joins me right now.here. >> thank you for having me. >> trish: kind of crazy that you go in for a meeting at the oval office with the president of the united states and everybody is all over you. what's that like? >> well, it's not comfortable. i don't think anybody enjoys being bull idea and harassed and boycotted and all that kind of stuff. it was simply because people took that statement i was referring to his position on trying to move the first step act which is a bipartisan bill, at least it has bipartisan support for prison reform forward. and that was the heart of my statement. people didn't see the conversation that actually happened before the media came in the room so they have taken that statement out of context. so there has been a lot of the backlash over it. >> yes, yes. you know, they are not comfortable with your words and they weren't comfortable with a lot of you guys being there. talk to me about the african-american community right now and how they are feeling about this president gi

let's start with you, pastor van moody. blowback after being at the white house on wednesday. tell us about that. >> well, yes, i did receive a tremendous amount of blowback, a lot of name calling. a number of individuals that have been a part of a number of things that i've done, books that i've written, conferences and other ministry opportunities have said that they're leaving and many people expressed a lot of anger and frustration because i was there but also because one of the comments that i made i think was misunderstood and taken out of context when i thanked president trump for him having a heart for all people as it relates to this issue of prison reform and workforce development. so it's been quite a challenge. but once again, i think the purpose of trying to make a difference in the lives of people that are marginalized and voiceless is so much bigger. and that's why i went in the first place. >> how ironic that we have a president who seems very open to taking on this very complicated issue of prison reform, e

turkey's credit rating has been lowered by two key agencies moody's and standard and poor's say it's become more difficult for turkey to make payments on its debts the country's already being rocked by a financial crisis and sanctions from the united states washington's threatening to impose more economic pressure on one korea it once took a two free a u.s. pastor who's been in jail since twenty sixteen. he's been a problem for a long time they have not acted as a friend we'll see what happens they have a wonderful christian pastor a wonderful man and the front thing they made up this phony. by. now is. going through a trial right now. they should have given him back a long time ago. has in my opinion acted very very badly so we haven't seen the last that we are not going to take it down they can't take our people so you will see what happened the u.n. secretary general is suggesting for ways to protect palestinian civilians from tony which he had as was told to find methods of shielding people for what's being described as excessive and indiscriminate force by the israeli military m

the first weekend of course of the bundesliga so thanks to our guest it was fun steele and oliver moody we hope you like the show and don't forget to tune in next week so for me and the rest of the bundesliga team here in berlin bye bye . how to cover more than just one reality. where i come from we have a transatlantic way of looking at things that's because my father is from germany my mother is from the united states of america and so i realized fairly early that it made sense to explain the different reality. analogy here at the heart of the european union in brussels we have twenty eight different realities and so i think people are really looking for any news journalist they can trust for them to make sense of. pride in this myself and my work at the w. nineteen sixty and i'm crying echoed around the. young people the build against the instrumentation. feel as if it was an upside down city full of stupidity and teaching kids to see. less than a home system. maelstrom of violence with me and.

international only son from the roma for sixty two point five million viewers prior to that i listened to john moody before strasser from parmar to you then just held the record and that was fifty two point eight billion euros move taking place all the way back in two thousand and one. now after european athletics championships host nation germany has won his first gold medal of the games are to a believe it came first in the men's decathlon at berlin's in them big stadium finally giving home fans something to celebrate on day three of the proceedings. you're watching the news and more coming up short and fuzz we'll have business news coming up but first a short break and remember you can always check out our web site. and you can also follow some twitter as well as on facebook. these creations. is brand still go. off an icon of the. look what do we really know about some random behind the. what motivates it how does he think and feel. good moments in the life of a great fashion designer. small. stuff.

government has strongly denied turkey's credit rating has been lowered by two financial agencies moody's and standard and poor's says it's become more difficult for turkey to make payments on its debts and washington is threatening to impose more economic pressure on a group it wants turkey to free an american pastor who's been detained since twenty sixteen and the asian games is underway of the indonesian capital jakarta with the opening ceremony festivities away in full swing of the day when the ceremonial torch arrived in the capital it's one of the world's biggest multi sporting events the second only to the olympics those were the headlines here on al-jazeera about vod use in half an hour do stay with us. as protests in nicaragua against the president continue and the number of those killed rises in b.c. you're making someone says something. they have to crash into the wall of reality that usually gets in the blood. center here america's ortega's former vice president talks to al-jazeera. tens of thousands of demonstrations erupt across china each shia driven by anger over corruptio

. >> moody's is keeping a stable outlook for the european insurance sector adding there are still someegative spots in germany and france joining us is the associate managing director from moody's karen and i were talking about the headwinds facing insurers now. is it fair to say a huge proportion of those problems come from this very low interest rate environment and the fact that there's a lot of capital sloshing around and really not that much yield to be had? >> yes good morning low interest rates are certainly a headwind for the insurance sector however we have a stable outlook on the european insurance sector for three reasons. one, gdp growth. we expect european gdp to grow around 2.1% in 2018. that would sustain volume of business the second reason is interest rates. interest rates are low you know, we expect to increase. we have seen debt in the u.s u.s. treasury, ten-year yield is 3% third point is that the bonds of insurance companies are strong the solvency 2 ratios are very high we may be on a tipping point for the sector >> there's a lot of transformational deals kicking

first weekend of course of the ball in this league so thanks to our guests last funk steel and oliver moody we hope you like the show and don't forget to choose the next week so for me and the rest of the bundesliga team here in berlin bye bye . being in good shape. sweet temptation. sugar has asked. the white. duck to cost and takes some up why should i eat all sugar and how harmful kids sugar and how should i enjoy food without any show for. good shape next on d w. tronic royalist in developing countries it's an industry and a deadly threat to people and the environment they think other solution to the good some good foods the list she thought to their dollar to africa goes really. wide reports news children with such things the next generation lost so by. the life the hazards of electronic waste in forty five minutes. or. lehman brothers ten years on a story of ambition greed and megalomania. we're so clever the unfolding lots. of investment bankers conflict ourselves with never stopped everything is wrong or wanted to ignore the reality of the whole thing like blocking them places of a

fromng us is mark zandi moody's.are now hearing from many sides, including the president that this could be a good idea. what do you think? mark: it is a bad idea. it cost $100 billion over 10 years, that just adds to our large and growing budget deficit. year deficital will be over $1 trillion, over 5% gdp. the benefit of a tax credit is a small number -- tax cut is a small number of highly wealthy individuals, taxpayers. presumably, the premise is that it will cause these people to save more and increase investment and improve the economy growth rate. the evidence is pretty slim. i do not see the benefit of doing this. shery: what is the risk of adding more juice to the economy when already we see a pretty high risk taking in this business cycle? >> yes, this provision would not add much juice. we are talking about really wealthy households that benefit. i do not think this will cause spending or investment to be higher. any tax cuts, we got at the end of last year, they have boosted things temporarily. we get a lo

to who holds us in the eye to see mom peter to me tom moody there's a chain greek in the. i don't know how. you cannot tell she's like. the. bible without that one yet. and i'm. going. to act i have. the past as i only. made. piling. big lie to what. general mangle the dad the. young. coming up with. what you want and what i thought. then. you would know i still tend to go with a woman who wants to do what we put at the heart. we don't but we. have no time and no consumer engine. with you. if you don't know the. i think there's a and i think. we need to have meaning. so i mean you know can i saw you know what i thought our audience will. and miss and. i don't know. need. to know. and. so we. want. food. or push the law for what lori incident she also commented seventy. five. is the holy father pope. he comes to us from. the. c.e.o. so you know we're not in kind. to do civil or sort of not. only his whole life what are powerful not us it was thomas was gay she'd look at you. bought to see the top floors yet you recently have time to understand yes. this is. how many stories

. >>> moody's says it needs better visibility on italy's policy direction. had launched the review for a potential downgrade of italy's ratings last may saying the f fiscal strength could crumble under the new government. >>> the ecb fined credi credit agricole almost 5 mile onyou'o million euros. >>> persimmon has posted a 13% jump in first half profits after the uk firm sold more houses at higher prices. the second largest home builder in britain forecast more growth going forward. the company reiterated a commitment to returning surplus cash to shareholders by setting capital return targets through 2021 >>> the world's biggest minor has missed earnings expectations bhp full-year underlying profit was 8.$8.93 billion, that is a % improvement on last year, but short of the 9.27 billion expected by reuters. the company paid a record final dividend, but the ceo said he was a little more apprehensive on short-term commodity prices i'm happy to say paul gates from alliance bernstein joins me on the show let's talk about bhp now specifically this is very much a

al-jazeera two major credit ratings agencies have further downgraded turkey's credit rating the move by moody's and standard and poor's puts more pressure on a country that's been rocked by both an economic crisis and deteriorating relations with the united states gabriel and his on the reports from new york. for the turkish lira it was a week that could not in soon enough he week that started with the lira sliding to a record low of seven point two against the us dollar the currency has lost nearly forty percent of its value against the dollar this year alone as a full fledged economic crisis continues to simmer the trump administration this week threatened to impose additional economic sanctions on turkey over the country's continued house arrest of a u.s. pastor on terrorism charges the diplomatic standoff led trump on friday to again say sanctions are justified turkey has in my opinion acted very very badly so we haven't seen the last of that we are not going to take it sitting down they can take our face but some analysts say the u.s. is being overly aggressive with the sanctions and use t

nbc's sean moody takes us to salt lake city, home of the original sandlot. >> reporter: it may have been when you hit that field -- >> i have goose bumps. >> reporter: it sure doesn't feel like it. >> it's like bringing your childhood back to you. >> reporter: orlando montoya grew up watching the sandlot. now he gets to share that with his son. >> you're killing me. >> reporter: that's the kind of thing the cast of the movie has seen over the years. >> seems like every five years it's like a new generation of kids that are -- >> four generations of sandlot fans. that was something special. >> reporter: most movies don't have this kind of emotional staying power. they think it might be because their onscreen friendships were so genuine. >> all these guys are like brothers to me, and i think it comes across on the screen, you know. that kind of camaraderie, everybody wants to have that group of friends. >> reporter: as these generations gather all these years later, they're thankful for one of those things they can hand down for generations to come. >> i grew up with them. this was part of

they had that news from moody's.id, you are not telling us enough about your business to get a rating at all. jason: i found this fascinating. the demand for this offering were huge. people love wework. everybody has seen the rise, especially in a big city like new york, you have seen them sprout up. they are wonderful facilities. alix: gorgeous. david: i am hearing there is a maturity mismatch. real liquidity issue coming to? alix: when they had their bond offering, they had to boost this as of the deal like 40% because there was so much demand. agencies wereings sort of pinned up on this. so moody's once more information. david: many thanks to bloomberg's jason kelly. listen to him daily from 2:00 to 5:00 eastern time. he will be coming from the u.s. open. alix: so hard to work there. david: he will cover the u.s. open brilliantly. coming up, what would you want to know from one of the world's most legendary investors if you had a chance to sit with him? him. a chance to sit with more on that next. this is bloomber

moody my move he. took my he to my pater with the wit to eat that he can eat a little too young. oh we just i'm just coming into king he could be just a few. minutes outside. more kiddie a prison. with nick you know looking up then. oh. i dunno. i got that that i bought five. zero zero. zero like a good thing that you think it's. too good to keep the new york. who feel you could make a new think if you need or i don't bucky have my good a doubt they do double pete up on the way to chick i don't know what you know. dude didn't get to. be a we. boarded not. with us tonight in harley street. in fact they changed the rules in jail for me in. my stuff days to marcel got rid of my prison clothes. in my head the range the the day mates at the nine guys danged if i caught it all in a big big cup on their left and in didn't. need. a last stretch isabel fire marshall dean calamitous in the speed the race between. the v.c. . the road to a white supremacy mentality. but not anymore. call russian corn. is going to be remembered that we know. very very differently from the rest of the country

minds moody so i don't do begin now and i had him only had good looks like it used to call from a man the best going to run and isn't at home as i can. leave. him at first he does munched. i woke up early and i'm at home of an issue like they were my forget. minus in the end. the amount of harvey on. the fourth place. over the past fourteen months we've witnessed surgery reassignment as well as voices lowering and beards growing but for fabiano and marino this is just the beginning of their new lives. the but. the but. the for. the the. blah. blah blah blah. blah blah blah blah coming. her. colleagues lawyer. culture. car hair. the be. superfood good morning come on. let oversee the be life style during. the battle thirteen on. the board or more. tricky. to fasten your seat belts thanks jamie the female look at the face. check in. the travel guide w e. bay news alice basically just let's put on some six names sounds the folks a call to shake up the food is kind of who voiced side by the first. place. people have put big dreams on the big screen. play movie magazine on the dummy and. s

that announcement deemed credit negative by moody's but so far no change in moody's ratings by the firm again we're going to keep an eye on shares they stand right now at $349.53. it is all green lights though for the nasdac even though tesla is a nasdac stock. the nasdac is set to notch an eighth straight day of gains that's a long streak the longest since the fall of 2017 but two mega merger proposals now ending in mega breakups. rite aid and albertson, calling it quits ending a planned $24 billion merger due to investor backlash of what was to be the eve of a shareholder vote on this retail union. the pharmacy chain and privately held investor unable to convince this deal was necessary to stave of competition from amazon rite aid warning earlier in the week of coming losses to the tune of $80 million this year due to weaker bargaining positions with drugmakers but remember cvs just came out with great news selling more prescription drugs so rite aid shares the stock-specific story here already down 22% since february extending those losses today another 11.75% at this hour and charli

mere daemonic as our wench understood miles moody signed on to begin. their own ahead of him or when he had good work differently like it in a strictly edited call from a man the best going to run and isn't at home as i can. manage the. amendment at harm of an ever more fair guess a. minus in the end. the amount of harvey on. this earth. over the past fourteen months we've witnessed surgery reassignment as well as voices lowering and beards growing but for fabiano and marino this is just the beginning of their new lives. system is. the octomom of an infernal machine greece one week on from the devastating a forest fire. villagers are trying to guard what's left of their homes against looters while rescue teams search for bodies and survivors. people here have been left to fend for themselves with little support materializing from the state. i see and thirty minutes. more. we make up for but we watch others all after that and actually we are the civil service and. the want to shape the continent's future. particularly enjoying african youngsters as they

mere daemonic as are understood miles moody signed on to begin their own head of steam or when he had good work differently like give you a strictly addicted call from a man the best going to plan and design at home as i. believed. him at first he does manage to. amendment a time of an issue like there were more for gas. minus in the fall and. the amount of harvey on. this good for us. over the past fourteen months we've witnessed surgery reassignment as well as voices lowering and beards growing but for fabiano and marino this is just the beginning of their new lives. from the book. of africa smart solutions for knowledge fire meant. his nasty horse is endangered they're only found at the mouth of three rivers in south africa and avatar is under threat from pollution. project aims to permanently protect the rarest species. go at africa thirty minutes. or more. take the first of all leave us. with all the wonderful. make the game so special. for all true for all. the a. more than football on line wouldn't buy in for the case to be taken seriously in the words of what appears was comin

charlie'shea joins us now to talk about the outlook for the results at moodies. >> good to see you again. welcome back. >> this has been a very strong ngearnings repor season. do you expect the retailers to continue that tnd? >> yeah, i think so. i think when you're looking at walmar for instance, and that's one of the highlight names i think this week, and as it is every quarter, i think walmart provides a window to tht soul for u.s. consumer. and i think in that vain walmart's been investing heavily trying to get the food busines on all cylinders. that will give us an idea of how the consumer is feeling, and give us a backdrop going into the second half of the season, back to school and holiday this year. >> what about some of the department stores, macys and jcpenney? >> i think they're all going down the same path, all trying to lean up anywhere inventories so margins will be better. they're trying to get their online business humming along. throughouthat segment, we're seeing varying degrees of success. i think this quarter will give us a litmus test as to how these guys are doing.

i have a chart that shows moody's deficit as a percentage of gdp. at the ones you're concerned about her tell us what separates it? if you look between deficits, that's probably the best formula here. if you look for an economy that has problems on the structural side where the incumbent government is not doing what the market would want, that's the best let isolating this. i guess what i'm saying is that the emerging market date of like it's still going to have some problems, focusing on the week looking currencies. , think the point was well made country like india that is in a really strong position should not be having this contagion weaker countries such as argentina and turkey which are not making the reforms the market would want to see. manus: peter, thank you so much. sharing his thoughts on the bond markets. there are some headlines coming through from one of the chief says there as he could be a solution in the north of ireland. in the next 30 minutes, alexander will give us his latest on the state of play. ♪ bennis: good morning from dub

two major credit rating agencies have lowered their grades for turkish debt the move by moody's and standard and poor's puts more pressure on a country that's been rocked by both an economic crisis and deteriorating relations with the united states gabriel and he's on the reports from new york. for the turkish lira it was a week that could not in soon enough he week that started with the lira sliding to a record low of seven point two against the us dollar the currency has lost nearly forty percent of its value against the dollar this year alone as a full fledged economic crisis continues to simmer the trumpet ministration this week threaten to impose additional economic sanctions on turkey over the country's continued house arrest of a u.s. pastor on terrorism charges the diplomatic standoff led trump on friday to again say sanctions are justified turkey has in my opinion acted very very badly so we haven't seen the last of that we are not going to take it sitting down they can take our face but some analysts say the u.s. is being overly aggressive with the sanctions and use them to march a

there are as you mentioned other reasons why the turkish economy is in the states that it's and we had moody the credit rating agency has downgraded downgraded to. a weakening of public institutions and the related production and the predictability of to foreign policy making how does it go about you know addressing the easier things like when leasing pasta bronson it doesn't seem to be willing to do that but then these much deeper problems now. deeper problems are definitely at issue here but let's face it any sort of american pressure on any country whether we like or not the united states controls the banking system around the world any sort of pressure the a minor or major is going to have an impact on any country's economic system these economic sort of the economy big the turkish economy can only withstand some much pressure from american pressure not to mention the sanctions that may go through. turkey and also one thing we should keep in mind is turkey as a nato ally with its. east what its rapprochement what the iranians what it's getting closer to the chinese and the russians on th

moody's has dropped its rating of inaugural bond deal. to keepot have enough grading its worthiness. that is your bloomberg business flash update. people mocks their community adjusted, moody's did not get paid to raise those bonds. that could be one of the reasons why. caroline: we thank you. breaking news, shakeup at tesla. the chief people officer is on a leave of absence. for more, david welch from detroit. how much should we read into this? many were calling for the chief executive to take a leave of absence and instead it is the hr function. elon may not be related to and the times. we are looking at more turnover. they lost their head of autopilot, which was fairly a time a mess. they lost their head of engineering. he was gone after that. you have seen this with tesla for a while. in addition to the fact it is just not good to keep losing top executives, the short-sellers probably the most high profile short-sellers in tesla. so, it is never a good sign. we are seeing more of it. joe: what does this mean, leave of absence? others

the panel is also back, kasie hunt, susan del percio and aisha moody-mills. good idea? >> i do, i think it's a good idea. this is an unprecedented increase in rhetoric against the media. what this is doing is it's galvanized them in their own words to explain why they matter. and the response was really terrific. if you read them, there's just such a variety of voices in terms of a lot of media outlets were connecting them to their community and saying we're fellow americans, we're your neighbors. the language that's being used is incredibly dehumanizing. to say the enemy of the people, it sees other as this otherness. this was a chance to remind citizens of the function of the press that's often taken for granted. >> can you argue that -- isn't it better to remind voters and citizens the function of a free press is just being a free press and not making yourselves a -- not a target, but not calling attention to the president's allegations of collusion by making it look like there's a coordinated effort to push back on him? are you concerned about that? >> we

it's been moody here. it's cool now. it's drizzling a little bit here today. in many ways it feels the appropriate response from the heavens above as we've gotten word now that senator mccain has passed on. >> all right. stand by. thank you. joining us now on the phone is ohio governor john kasich. governor, thank you for being with us. i know it's an emotional night for so many people in this country, yourself included. you and john mccain were friends and obviously colleagues as republican leaders in this country. what are your thoughts tonight? >> well, i mean, i'm kind of listening to the broadcast and as i listen it's -- he was just really incredible. mccain was just an amazing guy. i first met him, we went into congress together and we weren't there a couple of days before we all just knew that john was gonna be the president of our class. he would be the leader of our class. and i've had so much time with him and just most recently i remember he took a very hard position on the health care law and didn't feel as though it was gonna be fair to people or

moody's downgrades 20 turkish banks and warns the worst is yet to come for the economy.fered another setback, this time losing his finance minister. the exit from iran may have given china's opportunity to swoop in on some of the most coveted energy assets in the world. ♪

turkeys credit rating was further cut by movies -- moody's.as taken drastic measures to shore up its economy, devaluing the boulevard .- bolivar the government will try to offset the shock by raising the minimum wage three and a half thousand percent. inflation is forecasted to reach 1,000,000% this year. donald trump's lawyer has said truth is not truth when discussing why having the president interviewed by special counsel robert mueller for the probe into election interference is not a good idea. rudy giuliani told meet the press that when people like trump and james comey tell different versions at the same story, it is somebody's version of the truth, not the truth. the comments cast doubt over whether the president will voluntarily speak to investigators. giant of fixed income markets is warning a buildup of speculative short positions in the treasuries market is setting traders up for pain. according to be commodities futures trading position, short positions on treasuries has had the highest level on record. jeffrey gundlach says the e

. ♪ ♪ ♪ >>> ford's credit rating w downgraded a notch above junk by moody's.gency warned that its rating could be cut further if the automaker doesn't make clear progress on its turnaround plan. ford faces weakening profit margs in north america a softer business in china and losses in south america and europe. >> the rally in stocks has been broad and some say thearket is firing on all cylinders and that's not necessarily translating into more savings for retirement. bob pisani, explains. >> the markets are at n highs. how is your retirement fund doing? the good news is the val of retirement funds has risen and bothidelity and vanguard has reported that the average retirement fund has rose in the last year. the average 401(k) in their system was worth $104,000 and the second up 6% from a year ago. the ira, the balance increased to $106,900 ask me companies are using out enrollments in retirement accounts an that's helping investors save more. here's the bad news. we're still not saving nearly enough. the average 401(k) account for 65 andlder is $209,984 and t

shaun moody has a look. >> reporter: it may have been 25 years, but when you hit that field -- >> i havegoose bumps. >> reporter: it sure doesn't feel like it. >> it's like bringing childhood back to you. >> reporter: orlando montoya grew up watching "the sandlot." now he gets to share that with his son phoenix. >> you're killing me, smalls. >> reporter: that's the kind of thing the cast of the movie has seen over the years. >> seems every five years is a new generation of kids picking up the film. i see little squints and peppercorns running around. >> four generations of fans standing in a row together. that was something special. >> reporter: most movies don't have this kind of emotional staying power. they think it might be because their on-screen friendships were so genuine. >> all these guys are like brothers to me and i think it comes across on the screen and that camaraderie, everybody wants that group of friends. >> reporter: as these generations gather all these years later, they are thankful for one of those things they can hand down for generations to come. >> it's huge for m

prasenjit bose is an independent economist from kolkata he says moody's government can't afford this new health care scheme. and what the prime minister that is it all out. in his speech the big let you know little that was first announced that i get it now well you will listen. because you know first of all one doesn't know what the real calculations are but what you've always done what it may believe it like an insurance market rate indiana right now. even the cheapest like a cheap best health insurance whatever that really know well it well you need around fifty thousand rupees that is about seven billion dollars that leap up program or. nothing else i did up india well the end ministry is less government and they help minister budget. so i don't. like a board like a unit that i'm at. and not just on the look the elections even if it is ordered september by that and the elections are held this benefit does not lead to the belief you see a small that you believe yes there is any well made yet it's at least we're just not you think you may think you have the prime minister yesterday

economics has not been well managed and as a result the country is not as well off as the dreams mr moody and his colleagues manage to sell to the voters the big risk therefore is it may turn around and once again whip up communal sentiment in order to compensate for the deficiencies of their economic performance in what is going well we invite the indian ambassador on to. give a challenge that thank you very much as you are thank you i should talk. about it for one of your favorite shows from this season will continue to show your favorite episodes and the way back for season one wins if there's a template deal that comes about by a social media user. in the. single even if this is. going to be. easy it's. not a lot of anything about tom and i skid but i'm about the same as art when i was up the money into. making money unless my own. fates are the. thanks so. much indeed. for the good people that was on the. honest i don't mean. most. of us but those. in the thought of getting. well i think with you your comment that kitty yeah my thought aloud but let me just gotta go you. know even. w

economics has not been well managed and as a result the country is not as well off as the dreams mr moody and his colleagues manage to sell to the voters the big risk therefore is it may turn around and once again creep up communal sentiment in order to compensate for the deficiencies of their economic performance it worries me well we invite the indian ambassador on to . give a challenge that thank you very much as you are thank you or should we talk. about it for one of your favorites. those from this season will continue to share your favorite episodes into we're back for a brand new season but with that a fifth of september goal that comes with my first will be via used to. be. kind of. the future are laws that say the collapse gambit when the soviet union collapsed because of the u.s. meddling in boris yeltsin and all that's going on they had this skyrocketing alcoholism and so shoulder. here in the us because you have this enormous financial and reengineering to take all the money being printed and put in the pockets of a few folks and leave the vast majority in a state of zombifica

headlines on al-jazeera major credit ratings agencies have downgraded turkey's credit rating the move by moody's and standard and poor's puts more pressure on a country that's been rocked by both an economic crisis and the terror raging relations with the united states gabriel and his although reports from new york for the turkish lira it was a week that could not in soon enough a week that started with the lira sliding to a record low of seven point two against the us dollar the currency has lost nearly forty percent of its value against the dollar this year alone as a full fledged economic crisis continues to simmer the trump administration this week threaten to impose.

economics has not been well managed and as a result the country is not as well off as the dreams mr moody and his colleagues manage to sell to the voters the big risk therefore is it may turn around and once again we pump communal sentiment in order to compensate for the deficiencies of their economic performance in what is going well we invite the indian ambassador on to. give a challenge that thank you very much as you are thank you i should talk. about it for one of your favorite shows of the season will continue to show your favorite episodes and the way back for season one wins if there's a template to lead the country about by a social media user. when a loved one is murder it's natural to seek the death penalty for the murder i would prefer and it means to win the death penalty just because i think that's the fair thing the right thing research shows that for every nine executions one convict just found innocent the idea that we were executing innocent people is terrifying the is just no way to present and that we hear even many victims' families want the death penalty to be abolis

economics has not been well managed and as a result the country is not as well off as the dreams mr moody and his colleagues manage to sell to the voters the big risk therefore is it may turn around and once again whip up communal sentiment in order to compensate for the deficiencies of their economic performance in what is going well we invite the indian ambassador on to. give a challenge that thank you very much as you are thank you i should talk. about it for one of your favorite shows of the season will continue to show your favorite episodes and the way back for season one wins a fifth of september deal that comes about by a social media season. uhm . not enough it's really. it was a live alls from somewhere you know. i came back to the community. people we are based on the you know the road lookouts me oh look out is over i will go towards him. that's. right. say. she's going to go to mississippi and it doesn't. give us all that. don't. know we're going to this. up close the cut cost us up top you mean my life. i seem on have to die. good politicians to do something to. put themselv