a rating cut to junk by moody's, now seeing a ba1 for these companies, over at moody's, ba1 overall,t, a so this is clearly one for us to watch coming from moody's, and we know autos have been under fire, whether it is tariff concerns, trade concerns, and, indeed, overall the element of a need to make money in an era where perhaps people are not purchasing as many car so quickly. guest, sherryour paul. this is interesting. this is a time when corporate's corporates- when have been doing this, and are we expecting a rush? they will not think be as intense. that is a pretty easy call to make. i would say hindsight is 20/20. that was kind of the great tell, the ability to absorb that amount of slide with fairly low concessions, and how you see that reflected in the stock market, for the first time in a very long time, buybacks -- you look at kind of gross buybacks or the kind of sector-neutral flavors, buybacks are really outperforming. that is partially a financial story, but that is partially this financial engineering that is able to take place and carry on. you see the appetite for i

so it is always a straight because moody's is the last rating agency to keep us above junk status but they've been very accommodating of late they've also highlighted that they'll keep a close watch on that medium term budget policy statement next month but they've also said that they're going to give us a little bit of time about 12 to 18 months to see how the government implements economic policy before making a ratings decision. from johannesburg thank you very much. zimbabwe is said to import around 100000 tons of corn from tanzania as the 2 countries finalize a deal to bring the badly needed food aid to zimbabwe it is seen repeated demonstrations like these and risen month as the country's leaders struggled to deal with the worst drought in decades the lack of rain has cut coal production by half forcing the government to look abroad to feed the population official estimates say an additional 700000 tons of corn will be needed before the year's end. construction has begun in these air on a 2000 kilometer or oil pipeline it will deliver crude to neighboring been named the presiden

hashe financial secretary issued a detailed statement about moody's position yesterday. to change the outlook of hong kong's rating from stable to negative two something to be fined disappointing and we do not concur, especially if the justifications during that sort of changing outlook was premised on whether we are still upholding one country, two systems, whether hong kong's institutions are as strong and robust as previous. integration with the mainland economy would blur the two systems. is, weg on those bases do not agree with the negative rating. as i commented on a previous rating position, the continued instability and social unrest in hong kong, as we have seen some of these violent acts from time to time, will inevitably undermine and affect perception about hong kong's business environment. this is something we have to be very alert to. this is why i said, while creating this dialogue, the first priority is to stop the law and and restore hong kong as soon as possible. about your second point, the government from time to time will find some outside help in th

meanwhile ratings agency moody's just trent its forecast for south africa down to north point 7 percent in 2019 citing fiscal risks and political constraints to economic reform and the risks are huge south african state and energy provider s come alone is drowning in debt and needs state money to keep the lights on it's only one of many public enterprises relying on government bailouts to stay afloat. dark times at its cons headquarters. wire. tests or. in the midst of a suppose a turnaround south africa's national power utility needs another government bailout . with national debt to g.d.p. of over 55 percent this threatens the country's future and we have severe fiscal constraints. so this idea that you can just pick up a phone and see only that 100000000000 of the 20000000001 fail out or 200000000 the bailout. that you know needs to disappear faster then then we have gotten to be doing ok i think we're in for the shock pretty soon we're in for a shock because there isn't going to be government money supplying 95 percent of not only the country but entire southern african regions ener

ford hits a bump in the road as moody's cuts its rating to junk.rowing doubts about the turnaround plan. the end of an era for the house that jack built. the alibaba co-founder steps down from china's top e-commerce company. kathleen: later in bloomberg technology global link, apple is preparing for its biggest event of the year, unveiling his latest iphones. a quick reminder of how stocks ended the day. kind of never really missed. we saw the s&p futures pointing a little bit higher. the s&p 500 was interesting today, closing within 1.6% of its all-time high. that was a move higher. basically flat at the close. the vix index nearly up 2%. the 10 year yield, bonds are a big story today. some analysts are seeing the selloff in yields from germany to the u.s., u.k. in around the world got some momentum from that stock raleigh -- stockmarket rally. the 10 year note yield. go to the very far right. backup to 1.64. that was quite a move. more recently down around 1.5, 1.55. you see that. on themiddle, the yield far right-hand side. you can see a bounce

we'll talk with hlasey moody with the dow up 19 free access to every platform. yeah, that too.y trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything? hm. well i say no to kale. mm. yeah, they say if you blanch it it's better, but that seems like a lot of work. no hidden fees. no platform fees. no trade minimums. and yes, it's all at one low price. td ameritrade. ♪ ♪ ♪ i've been a caregiver for 20 years. no two patients are the same. predicting the next step for them can be challenging. today we're using the ibm cloud to run new analytics tools that help us better predict and plan a patient's recovery. ♪ ♪ ultimately, it's helping thousands of patients return home. ♪ ultimately, it's helping thousands of patients with licensed agents availablep when 24-7,d it. it's not just easy. it's having-jerome-bettis- on-your-flag-football-team easy. go get 'em, bus! ohhhh! [laughing] c'mon bus, c'mon! hey, wait, wait, wait! hey man, i got your flag! i got your flag, man! i got your fl

moody's expressing doubt in ford's turnaround plan, changing the rating to junk. been struggling to win over wall street with his restructuring proposals. that is your bloomberg business flash. david: thanks so much. we are listening to mark carney head of the bank of england, here in manhattan, speaking there the former treasury secretary and chairman emeritus of the council on foreign relations. mr. carney is making some headlines about where we are with the global economy and what can be done about it. alix: he said, "a global economic slowdown is underway. there is fiscal space to counter the slowdown." that, to me, is no surprise. of course, you are going to have a central banker put the onus back on fiscal, and a global economic slowdown. it was a global expansion, and now we are in slowdown mode. mr. scholznder if was listening, coming out this morning and saying we didn't need to borrow any money. alix: it is not great, but it could be worse, i guess? i'm anticipating is going to get worse and worse. david: he's got a really hard job within london, so he i

we have more to talk about what david gregory, aisha moodie-mills and dav moodie-mills. that's the boldest position that any democrat has taken. they know that smacks of confiscation. the nra and trump's base gets fired up because they hear it a certain way. in the room, people really appreciated that bold position. but we've heard from many pundits, it's unwinnable in the general. >> i am of the belief that we need to play to our own base. i could care less what donald trump's base is going to do, so beto is saying, i know what our people want and i need us to be fired up. we care deeply about this. i think that he's trying to play to a segment that he think he can pull. i also think that that's right. that's fundamentally what i believe. there's a whole lot of details under there that he's going to need to figure out, including the constitution. but i think to me, beto came across really strong, because he came across principled. and sometimes, you've got to figure out how you put your principles into practice. but we need conviction and need people who stand for somet

will not run if a general elections i called before then >>> tough news for ford motor an compy, moodiesgraded the credit rating to junk status, it makes it more difficult and sxnz for ford t borrow money, ford stock fell more than 3% in afte. two other major credit ratingch agencies finnd s & p have two n jches aboveunk status. >>> apple's biggest ent is happening today, expected to announce new products, including three new iphones. now, rumors are, some of the new phones will have reverse wireless charging and improved fa. apple also expected to reveal the latest apple watch. >>> driverless trucks are stoat hit the ad. they're testing autonous trucks on public roads in parts of our area,n they're highways in southwest virginia, near e blackberg the company is headquartered. dimler said it o follows monthsf extensive tests. >>> traffic and weather on on the 5's.ho mimas talking about the warmup again. >> wed kin started the process yesterday, sun broke throh by afternoon hours, bwi 86, normal highs 82, that would be comfortable. i'd love to be there, we won't be there next several days

. >> bringing in our first guest asset manager from moody hearing from some of the key financial voices in new york about the trading environment recently at the peek, $17 trillion worth of bonds were carrying a negative yield. the mood on the back have been pretty violent from a fund management perspective, can active managers provide a smooth offering than index funds. >> well, it is -- the asset management industry is a large industry, about $75 trillion u.s. dollar. it is undergoing changes because of pressure in the industry. you pointed to trends in asset classes. what we see is really competition from product impacting active management. when a market move like that active asset managers tend to believe it will give them an edge they can potentially overperform passive product that remain to be scene lately, active management has been changing because they could not really overperform passive product. >> in terms of the impact of the rise of these passive funds, it has been a huge pressure from the cost perspective it is much more pressure to run an active one than a passive one.

rating to a junk level, down from ba1 from ba33 moody's citing weak earnings as part of the company'sng of levels. this is the first time they've been rated at junk levels since right after the recession under ceo alan mulally >> thank you very much ford, junk, mike this is a big headline, whether or not, you know, it was on ratings watch already. it was close to that line. >> it was. i'm not -- it's not clear to me that the debt itself, and if there's an abundance of it, has traded in a matter, okay, the market has already figured this out. i think this still would represent a split rating perhaps in terms of the different agencies on ford but it's obviously a pretty good reminder that we're at a point in the cycle, the auto cycle and the economic cycle where you're going to start to become concerned about, you know, debt service, in a very big-picture way. i don't think anyone is sending up a very prominent alarm about ford, but it does show you that eroding long-term fundamentals for the industry do have a little bit implication for bond holders. >> quickly, mona, last word whether

rating agency moody has downgraded ford's senior unsecured debt rating, putting the car company injunkrades could follow. ford's shares fell 3.7% in after—hours trading. british airways pilots are striking for a second day in an ongoing dispute over pay and conditions. tens of thousands of passengers have been told not to go to airports, with the airline cancelling some 1,700 flights due to the disruption. later, apple will be holding its yearly launch event. we are expecting details on the next iphone, and possibly some other product upgrades. but the talking point for apple is more political in nature, with the looming threat of trade tariffs threatening to have a big effect on america's richest company. our north america technology reporter dave lee will of course be there. here is what he is looking out for. apple is a company that craves control, which is why the next few months will be so interesting, starting with this iphone launch. most of apple's products have not been affected by tariffs put in place by the us, but that could change. on 15 december, if donald trump keeps his

for saving global moodiness tells stories of creative people and the latest projects around the world ideas to protect the climate and boost green energy solutions by global ideas be implemented series of global $3000.00 on g.w. and online. class. and i'm james brown news w books it's personal device it's about topics that affect us hold water pollution climate change and the return to. shut out. this is state of the news that. coming up in the next 15 minutes the ones calling for action today's call the largest global kind of protest in history to meet some of the africa's good for the poor. and the missing zimbabwean doctor we told you about on monday has been found a correspondence in how to have a filesystem on the divan. then 2 years after its release the wedding party is still the highest grossing locally produced film in nigeria always hoping to the die.

at the same time, sheila moody had just prayed that someone would find her.hen she heard chris' voice as sheila says, god said sent chris as her guardian angel. to sheila and chris, america is strengthened by your goodness and your grace and your bravery. thank you very much. thank you. [applause] thank you very much. to fulfill our unbreakable promise to every survivor and family of 9/11, earlier this year we fully re-authorized the victims compensation fund to the tune of billions and billions of dollars. since september 11 nearly six million young men and women have joined the united states armed forces. they have crossed seas, climbed mountains, trekked through deserts, and rushed into enemy compounds to face down the threat of radical islamic terrorism. nearly 7,000 service members have laid down their lives to protect our home, our flag, and our american way of life. american dream survives only because there are patriots willing to sacrifice everything in its defense. no tribute is sufficient to convey the infinite depth of our nation's gratitude. on t

last 10 minutes and they did are all the damning scoreline for us he moves team he doesn't use any moody course up with dutch star virgil's sunday night after the win well you know it's always a special game but for us it was very important to get the. points that we were very confident that it was it could happen and you have to play almost a perfect game for it because they are very good but i think we did you know we especially the 2nd object with a month on the pressure put them in difficult situations. in what. is life from the coming up next that we can reports says thanks staking so that each time remember you can get all the latest headlines around the clock on our website nasty to dot com i'm ending his mackinnon in berlin thanks for watching. with him how to be good go soccer's one lions how you know if i had known that the boat would be about small i never would have gone on the.

nipping at the heels of their fierce rivals as dutch superstar the jewel fund dyke told the early moody after the game and last night well you know it's always a special game but for us it was very important to get the 3 points that we were very confident that it was it could happen and you have to play almost a perfect game for it because they're very good but i think we did you know we especially the 2nd albeit with a more on the pressure put them in difficult situations. all right here's a quick reminder of the top story we're following for you a long awaited exchange of prisoners between russia and ukraine is under way now this could be a significant step towards easing relations between the countries and raising chances for resulting the conflict in ukraine's east. watching t.v. news life and then thanks so much for watching and we'll see you at the top of the hour. where i come from we have to fight for a free press and was born and raised in a military dictatorship with just one t.v. shadow and if you newspapers with official information as a journalist i have walked off the stre

today's breakdown are 2 guys that can dish it out with the best of them all lee always in a good mood moody pleasure is always caress pleasure's mine as well and we have yanick never late spate how you doing on it on good night i think that's a bit of a stretch but i think i agree with that all right now before we hear what they have to say we have some football to show you started in frankfurt the eagles invited title hopefuls dortmund's in town the black and yellow hat the most to gain in this one a win on the road would see them leapfrog a handful of teams in the standings after 2nd but frankfort haven't lost at home yet this sees it well they say there's a 1st thing for everything or is there a. front for can be an intimidating place to play and dortmund arrives having no one in their last 5 visits any nerves they may have had with banished early on and sanchez tested kevin track. and then talk and has set up actual vigil for the opening strike. one nil after just 11 minutes. old defensive issues came back to haunt torment when andre silva conferred it just before half time. manuel a ka

and it only a correspondent joins us now from the indian capital delhi phone you may have president moody did look somewhat disappointed there but he made an effort to reassure the nation there was much to be proud of just how big a setback is this for him. well definitely the response across the nation despite the disappointment of what made the pedia off the program has been the support is strong which is india's space program the prime minister himself and others in the administration as well as civilians came out on social media to express support but of course india was trying to be the 4th nation just after the us russia and china to make a successful soft landing on the morn so this is definitely a setback however india does have a very ambitious space program going forward as well for its stroll in the past the mandate had been to help out over the agriculture to have about me meterological predictions this attempt to be a part of the space race started on the very recently there's already been one more mission and it's going to mission to mars but this also hopes to set up for th

moody's reaffirmed its rating.lobal news 24 hours a day on air and on tictoc on twitter, powered by more than 2700 journalists and analysts in more tha 120 countries. shery: still ahead in bloomberg technology global link, with the huawei connect conference kicking off this week, what is the company's ambition to be the world's top smartphone maker by the end of this year? this is bloomberg. ♪ paul: you are watching daybreak australia. the u.s. and china are expected to resume trade negotiations in washington by the end of next week. thomas donahue says he is optimistic but a complete deal is next ordinary challenge. let's bring in our economic policy editor, sarah mcgregor. an x ordinary challenge to get a complete deal so what are realistic expectations? sarah: what we are hearing now is sort of the first dribs and drabs of what the sides are talking about. the latest is that china is willing to buy more u.s. farming goods. if this sounds like something familiar, a promise you heard before, it's because throughou

a priest, a chef and the winner of top prize moody-gras. >>> speaking of cows, costco is offering a cheese $900. costco says that the cheese is worth the money because it's 21 months. it costs far less per pound than the same kind of cheese bought in ♪ here i go again on my own ♪ goin' down the only road i've ever known ♪ ♪ like a drifter i was-- ♪ born to walk alone! ...barb! you left me hangin' on the high harmony there. if you ride, you get it. geico motorcycle. 15 minutes could save you 15% or more. >>> did you go see these by the way. >> i saw them. they're all over town. >> the scottish highland games have been going on all over the city. >> the games feature street competitions like hurling hammers. the women throwing a heavy storm inspired the modern shot put. there's also traditional food, competitions and hundreds of drummers and bag pipes with the goal of bringing out everyone's celtic spirit. >> the heartbeat that goes in the drums and all the other ones. we come alive one weekend a year for this. it's wonderful. >> we're considered by many to be the largest such celtic festiva

disappointed with a downgrade from moody's.o have any impact on our business in the near term. we have strong liquidity over $30 billion so we feel we are well-positioned to finance our plan with restructuring in europe which is an important part of taking our business forward here. that bill ford once said when ratings were upgraded back to normal, it was one of the happiest days of his life. will this deepen cost cuts? stuart: i think we will stay on our plan. we have a clear strategy in europe to transform our business. we also have plans around south america. we are taking action also to improve our business in china. i think moody's reference that in the note yesterday. we are staying on our plan. matt: what are the biggest headwinds here? is brexit the number one uncertainty that is causing you issues? stuart: clearly that is an uncertainty. we don't know where that will end up. i don't think anyone has clarity. beenwe have been doing is clear with governments whether it be here in the eu or the u.k. about what is most im

moody's reaffirmed its rating. global news, 24 hours a day, on air and @tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am ready cook up to. -- i am ready cook up to. -- i am rich because good to -- ritika. this is bloomberg. shery: it can restore output. riyadh claims weapons from iran were used against two aramco plans. the u.s. has blamed tehran with president trump saying there is strong evidence of its involvement. it is looking that way. we are having strong studies done but it is certainly looking that way at this moment, and we will let you know. as soon as we find out definitively, we will let you know, but it does look that way. shery: that's bring in our reporters. let me start with you. we continue to see these conflicting comments coming out of president trump saying he does not think the u.s. diplomacy with iran is exhausted so what can we expect in terms of the iran-u.s. relationship going forward? >> it kind of depends on what conclusions they come

the never enough for that to come up a little bit and to pick up a couple from one of the moody bitch. you know you couldn't reach a good i don't want to know solution or not. to group. them in orlando where you find them doing a bit of good as a doctor. because the doctor mentioned just i did this will be numbered with a busted for the door and about it but i'm of the wonderful kind and it was a good start when i did mine in the middle of the year number one i wanted. action i got in there not bad but now back to the british government put out if i didn't write them down and count the letter to the little. bit i never. going to get into a dining. hall where they're not. going to have it is completely ok he said after he left. wow patty that was well this. weekend but you know. why him when i did the ok. i call a little minute and then he said oh mom but as a woman not only miss out on not me with anyone in the post that is how i did at that one. and how many but i'm the one that's never seen a savior in the but come on a long time to come on the but i'm with you and it's elemental be

danielle moodie-mills, mickey edwards, thanks for making time.all tour kicks off this saturday with ted cruz. big news about our stop in l.a. adam mckay and author omar elacod. tickets are available to the general public friday morning. but pod subscribers will have access to a special presale beginning tomorrow morning. and there's a new episode available right now with andrew marantz, author of a brand new book. you can listen wherever you get your podcasts. that is "all in" for this evening. "the rachel maddow show" starts right now. >> thank you, my friend. thanks to you at home for joining us at this hour. very happy to have you with us. on this day, this date, september 25th, in 1973 the vice president of the united states, spiro agnew, wrote a really strange letter to the speaker of the house. this is the letter. as you can see it's on the vice president's letterhead, dated september 25th, 1973. it's addressed to the honorable carl albert who at that time was the democratic speaker of the house. and in this letter, vice president speiro ag

danielle moody mills. >> our fall live with pod tour kicks off this saturday. senator ted cruz. check out our website. with pod tour. big news about our next stop in l.a. adam mckay and omar elakad. tickets will be available to the general public on friday morning. all of this is happening and will have access to a special pre-sale beginning tomorrow morning. if you're not subscribed and want access, do it now. there's a new episode with andrew marantz. you can listen wherever you get your podcast. that is "all in" this evening. "the 11th hour" with brian williams starts right now. >>> we are just ten hours from testimony with congress. those who have read the whistleblower report call is deeply troubling and disturbing. then there is the memo of two leaders who came face to face today, and this evening donald trump talked about releasing more revelations that could rock the white house. >>> plus, democrats rock the perilous prospects of impeachment. we have the latest blockbuster reporting of all of it as "the 11th hour" gets underway on a wednesday night.

joining me now, sirius xm radio host danielle moodie-mills and republican strategist joe watkins. danielle, we're talking about the president of the united states allegedly, according to reports, had a conversation with the president of ukraine. and according to one report in "the wall street journal," asked eight times for the president of ukraine to talk with his personal criminal defense lawyer, self-described, rudy giuliani about looking into and investigating joe biden's son and joe biden, of course, is leading in every poll i've seen that says he can beat president trump. is this raw politics using the office of the presidency? >> i mean, this is corruption. in a pattern in donald trump's administration. he's showing every single time that he cannot win an election without foreign interference. this is exactly what he did in 2015. this is the basis of the mueller report. what did his campaign do with the russians, eskiand now here s again trying to get the president of ukraine to pull some strings for him to get the dirt that he needed. he told abc stephanopoulos the same th

>> i think there is aside from the fact that the high multiple buzzing about this ford moody's rating taking it to junk ford has been doing a lot of stuff to try to make it so it is not as dangerous i know they think that the moody's is disappointing i look at this and at&t and i think there are a lot of people who want very much to be at high yielding stocks and they recognize there are counterveiling forces in the bond market. before the at&t, you know we're worried about the big debt load, ford has been trying very hard, they went underlying issues that i think are really helping, but this is going to cause a shutter from our viewers who have been actually saying, you know what, i can't make any money in the bond market. so i'm going to build a portfolio of ford, dow. >> after the incredible success we had in corporate issuance couple of weeks ago. >> yes so i actually believe that ford is making a lot of right moves they also point out, and i know we'll talk about lyft and uber, but the millennials don't -- they just don't seem to be buying cars and, remember, cars are lasting muc

the owner billionaire alla moody has a longstanding interest in ethiopia but investigating land investments in ethiopia is dangerous. with his arrest and dumbbell a freshness mind argyll has fears about the government. but i was a foreigner making a film about i grew cultural development i could contact the company. this was it and so the story. before we started i was just in case there are some confidentiality. which may not be disclosed to some interviews they've made quiet not fish out of the ship at all. and so yes yes. this is you know 1000. and this one like this it is 2000 back that they are no sanction to city 1000 that this one is 4000 that make that sort. of $10000.00 that so of course all of the clearly got to be 3 of these here almost all of it so all of this is it is. there and the same. on a structure was in the 6 months of this advice a 1000005 to it well defined. as you know it just. expired and the. it was a must see moment. it was a government is to provide some more rwanda source that we can expand these 5 and. we are lucky the manager grants permission to visit the farm

the owner billionaire alla moody has a longstanding interest in ethiopia but investigating land investments in the opium is dangerous. with his arrest and dumbbell a fresh in his mind argyle has fears about the government. but as a foreigner making a film about i.q. cultural development i could contact the company. ladies you can get this was it. so the story. before we start you know this to get some confidentiality. which may not be disclosed in some interviews they've made quiet those fish out on the ship but all i thought and so yes. this is you know 1000. and this one like this it is 2000 that they are no section 2 city $1008.00 that this one is $4000.00 that make that sort of become $10000.00 that so of course all of the clearly got to 50 of these here almost 12 of it so all of this is very. there and the same time the thought. on structured was in the coming 6 months this is a fascinating 5 to it would be fine and i was. just. expired and the bottom was a maximum of. 12 indicators the government has to provide us some moron this or that we can expand these 5 and. we are lucky the man

well, back here at home ford bonds rating, moodies lowering rating on automaker, moodies did say that liquidity position for which to operate and underlying business strong, balance sheet is solid, taking a look at stock on premarket,s it is down little more than 3% right now, and then there's taking on gender pay gap with new classic version of its game, ms. monopoly, a number of changes to original, wi-fi is going to replace water works and another, women are going to make more than men, already available for preorder through wal-mart and set you back 19.99, this gives a whole new word, whole new meaning to the word ladies night. lots to think about. [laughter] maria: i want to play it. cheryl: i do too. thank you. monopoly? monopoly? >> i love monopoly. even like sorry, i will play sorry. they do this periodically like they have a new interesting take, people are interested in playing. maria: a lot of different versions of monopoly. [laughter] >> has separated from matel and matel is the barbie doll company and problems in the past, i wonder how it's becoming girl power toy company

the owner of billionaire alla moody has a longstanding interest in ethiopia but investigating land investments in ethiopia is dangerous. with his arrest and dumbbell a fresh in his mind argyle has fears about the government. but i was a foreigner making a film about i grew cultural development i could contact the company. this was it. so the story. before we start you know just to get some confidentiality. which may not be disclosed to some interviews they've made quiet those fish from the ship. and so yeah. this is you know 1000. and this one this is 2000 that they young section. that this one is 4000. dollars a day so of course all of the clearly got to duty of this here almost all of it so. yeah. all of them there and the same time the fact that he's now on on a structured. 6 moses is so nice 1000005 would be fine i. just. expired and the. it was the government has to provide us some moron this or that we can expand these 5. we are lucky the manager grants permission to visit the farm a gun battle. arriving at the farm area we were scored by the company security service. in saudi started th

the owner of billionaire alla moody has a longstanding interest in ethiopia but investigating land investments in ethiopia is dangerous. with his arrest and dumbbell a fresh in his mind argyle has fears about the government. but as a foreigner making a film about agricultural development i could contact the company. magazine building this was it and yes so the story. before we start you know this to get some confidentiality. which may not be disclosed to some interviews they've made quiet most fish out of the ship at all. and so yes yes. this is you know 1000. and this one like this it is 2000 that they are no sanction these 3000 a day that this one is 4000 that make that sort of become 10000 if that's so of course all of the clearly got to be think of this here almost 12 but it. is it is. there and the same time the fact that it's now under construction was in the coming 6 months this is a vice 1000000 factory were defined. as you know it just 2. x. 5 in the bottom 2 was a maximum of. 12 and it was a government is to provide us some moron this or that we could expand these 5 and then. we are

join me tonight, the economist at the institute, managing director and chief economist at moody's, greato have you both here. let me start with, dudley's cut abilitcredibility it is a comple failure as a political fed operator. >> he to a new low, my god, this man has truly done the equivalent of telling a fighter, going to the next round and pull your punches. the job at the fed is to ensure maximum employment and price stability regardless of whatever shock hit the economy. their job is to make sure we got the growth to move the economy forward. he is telling them, let whatever market -. lou: raise those rates. >> our mission to say i'm a former fed staffer. lou: you know, it's good you did not rise much higher. john, as bill said, i thought it was interesting that he qualified it a little bit a new low for fed officials, there are lower lows for current fed officials apparently. >> is trying to politicize the fed which is a foolish thing to do. the last thing that we need is a federal reserve where they conduct monetary policy according to whether or not they think fiscal policy is ap

dollars trump joint indian prime minister and the danes are more the the mega event was overdyes by moody's supporters it comes as the indian prime minister is facing international criticism or a recent clampdown in disputed kashmir. while leaders are gathering today in new york for an emergency climate summit ahead of the general assembly would start and tuesday the u.n. is calling it a race to limit climate change a risk the world says it can win but for those living on the frontline in the arctic circle for example this a greater urgency the norwegian occupation go off spotted by is home to the once northern most town people there are experiencing various consequences of climate change for us 10 and residences some lives have already been lost. the cracking sound of the carving place yet was never unusual here and sal bout what is unusual is the frequency with which you hear it nowadays scientists say air and sea temperatures have risen significantly in the last 3 decades and it's changing the entire archipelago. we are losing the small barred window we are losing the arctic as we know i

my name is ashley moody, attorney general for the great state of florida. you heard that the democrat and will begin ag's are banding together to begin this investigation of google. you do not hear that often and while democrats and republicans maybe from different parties we all have a common bond and that is we are charged with responsibly of protecting the citizens of our state. when there is no longer a free market or competition this increases prices even when someone is marketed as free and harms consumers it's something is it free it for increasingly giving over our privacy information? is something really free if online ad prices go up based on one companies control? google monitors our online behavior and captures data of every one of us as we navigate the internet. this investigation will initially focus on the capture of that information and whether google embedded itself in every level of the online market ad sales to monopolize this industry. we appreciate you being here today to taking notes of the fact that we have come together in such an im

with mr moody. mary abortion and other russian citizens who were. kidnapped would you taking the long view by deceit or just grab it in a 3rd country which we do care about their lives have a future this is our priority and today i'm reminded of my plumpy about these concerns in your mind and what we believe that there should bear densham to this group but he's a wife and he's a daughter should be allowed to come that's a humane action as for the fact that for the many years. when you knew. we see this and he was charged important behind cells on the pretext trumped up that was that was through charges we would be pushing for 2 years to prevail and the justice of the would be served as falls to the other person you mentioned i work supreme you're amused the most on the deal hard on that meeting a way that the ministers and the vice ministers and i was assured that they are working on it when you use the swear you they have their procedures to follow the muscle pulls us in them but for us it is clear that you would use these question should be settle

in bishkek for the shanghai cooperation organization meeting with vladimir putin xi jinping render moody and con and others is there a plan. to leave the financial system that the united states seems to be using to strangle the economy of your country the reality is that because of the dominance of the us in the media when u.s. has a problem with a country that countries attacked and marginalized and tried to be isolated but the reality is that we have very good relationship with the with our. neighboring countries we have a very good relationship with russia or china india and pakistan we have exchange of presidents and summit meetings. we have a very good friend relationship be divied iraq with the central asian countries as you said in best in tajikistan we haue illustrated in dollars the reality is that this is the this is a phenomenon that we are facing in the international at the international level we know that even european countries are conscious about the fact that this is a problem for everybody that they are very much vulnerable to the in fact influence of us dollar we know t

now it's time to run the numbers and that means business with kate moody hello charlie so we're seeing the diplomatic batattle over these drone attacks on saudi arabian oil installations continue today because it happened ovever the weekend. monday today wasas the first day that the markets had a chance to react what did we see what was the oil prices absolutely surging early in monday trade up briefly as much as twenty percent. saudidi arabia is the largest oil exporting country in the world every day it pumps about 10% of global oil producuction. these attacks have affected about half that daily output us wti close at about sixty two dollars and fifty cents per barrel international right at sixty eight sixty three rise of about 14% there. earlier i spoke to christopher haynes of energy aspects about just how important saudi production is on a global scale take a listen. i think if you look at the impact globally it will be mostly on on the east you've got you know more than a million barrels a day of. saudi oil goes into china south korea japan. so i think that's where the issue is g

the bill for a lot of that is already coming due moody's analytics estimated that the trump trade bite has already cost the u.s. $300000.00 jobs net that's existing jobs that were cut jobs that would have been created but we're told by the effect of the terrorists so does that estimate of 300000 jobs lost sound right to you and how much of an offset are these tariff exemptions going to be. well i think the estimate is honestly an underestimate we don't know what all the secondary and tertiary effects are it's not just a question of the job loss today but what the ramifications are if for example 300000 people lose their jobs their incomes are going to go down they're going to be able to buy fewer goods that's going to lead other companies to have unsold inventory and they will lay off workers that's how capitalism works and so this could be a much longer drawn out decline of both economies as they're both affected i think what you see in the offer of the chinese to rescind some of the tower of sun to pay back people who've paid a tariff is a sign of good will in advance of those negoti

the bill for a lot of that is already coming due moody's analytics estimated that the trump trade bite has already cost the u.s. $300000.00 jobs net that's existing jobs that were cut jobs that would have been created but we're told by the effect of the terrace so does that estimate of 300000 jobs lost sound right to you and how much of an offset are these tariff exemptions going to be. well i think the estimate is honestly an underestimate we don't know what all the secondary and tertiary effects are it's not just a question of the job loss today but what the ramifications are if for example 300000 people lose their jobs their incomes are going to go down they're going to be able to buy fewer goods that's going to lead other companies to have unsold inventory and they will lay off workers that's how capitalism works and so this could be a much longer drawn out decline of both economies as they're both affected i think what you see in the offer of the chinese to rescind some of the tower of sun to pay back people who've paid a tariff is a sign of good will in advance of those negotiati

read that teenagers have a depression period and go all moody and feel awful.ing, she sloshed me. i‘m sick of it, i want to leave home. there‘s no denying ann‘s teenage angst — but life seemed to get better when she was at the dungeon. it was one of the biggest mod hang—outs in the midlands. where friends became family — and music was everything. you knew you were approaching the dungeon by turning the corner at the top of the street and you could see there were always people outside. sometimes people didn‘t go into the dungeon, you could hear the music outside, it was loud. you were hearing all this music for the first time, like the who, the kinks played there in 64, they played early. little stevie wonder. the dungeon is now a solicitor‘s firm but one nightclub that still stands in nottingham is the former hippo club — now coco tang. come on, you dungeoneers. this is where we are going down to now. ann and a group of former dungeon members are taking a trip back down memory lane. they all started like this, downstairs. fond memories of the dungeon faces — st

so often i will use the ou moodiness of or sunsets in sunrise.t bit of information that surrounds the mask is e crucial to viewer in getting the essence and the sense of spirit. >> a museum can often send the message that it something from long ago. what were some of the most recent images you took?>> as ealy as this january, we were in europe, in and around christmas time. there is a wonderful festival that happens up in the unhigh ins of austria and switzerland, bavaria, eastern germany and the masks that go back to pre-christian and pagan and when christianity arrived and these pagan rituals as of if the children did not behave if the children had done poorly would run around the village and sort of chase the kids and put the fear of devil into them. and then slowly, ever so slowly, christianity came in and the whole concept of saint nick and father christmas and santa claus came into being. but still in modeeurope today, you have these festivals that are alive and thriving up in the mountains of europe. >> were me of the rdest communities to

unchanged at 6.5 percent this by the fact that there is clear economic signs about growth slowing down moody's skip issuing an assessment as a sovereign credit rating on friday and they are the last of the big 3 rating agencies to have not downgraded as say to john just quite yet daniel for the rest of america and europe. starting as we do in france is this week after a study klein that started on tuesday one train you'll see across european exchanges on the market this week is movement after the action on interest rates by the u.s. . served on wednesday after markets closed that fed action of course loosening action by the e.c.b. last week on thursday the 1st trading day after that 25 basis point cut in the u.s. federal funds rate they kept was up more than 4 tenths of a percent and the dax in germany jumped a quarter percent on the same day the footsie in the u.k. unfortunately not invited to that party down for the week while the dax and cac are up for the week crossing the atlantic to reach the americas ibo best but is up for the week and there's also an interest rate tie in this outcome a