butge moodies s the threat of trafrs, rising interest rates and higher fuel costs could the industry next year. in a new report the credit rating agency said the threat of slowing sales comes as auto makers spend a lot of money on new technology and altnative fuel vehicles. >>> tesla is now facing a criminal probe. the justice department is investigating public statements made by the company's crow elon musk about going private. musk you mightecall made the comments on twitter in early august. and when he said he secured funding for the deal. car maker has since backed off the statements and decided to not go private. but tesla says it received a voluntary request for documents an cooperating. the report sent shares down 3% in today's drat. >>> and tesla has n only a o an investigation to worry but new competition. audi is the latest you a maker to unveil an all electric model called the etron. phil rhee bow is in san francisco where the electric car battle is heating up 3. >> reporter: the audi etron is not just another suv. it's the latest in a wave of vehicles putting the charge i

s. and p. and moody's are carrying out their their newest release this will see what they say about the country across them but it's in frankfurt for us. joe and chancellor angela merkel is talking business with turkish president breccia tie a bad one on his state visits a birth in yesterday she said she wanted to improve economic ties but medical also wants her guests to clean up his human rights record the political tension only made worse by a currency crisis back home and this is why a recent boom on the bosphorus has been mostly date driven this year turkey's external debt ballooned to three hundred ninety eight billion euros that's huff the nation's total gross domestic product and that debt is getting more expensive by the day after washington imposed sanctions on the lira lost forty percent of its value against the dollar so the states will have to pay back heaps more to creditors that have borrowed it's hurting investor confidence the central bank has raised interest rates to fight inflation but m

s. moody air force base, we have the us air force search and rescue passage with two hc 30 and four search and rescue as they are requested. we have additional search and rescueteams that moody that came from patrick air force base .tyndale air force base, representative the broader duties to support hurricane florence, first air force applied control, air operations support as well as assisting in vital search and rescue efforts to include airborne assets such as the joint start ea under north, authority. wehave quite literally surrounded the expected affected area with dod capability that will be critical and hours and days following the storm's impact . i've shown you the robust capabilities and the capacity dod has to respond immediately. if you look at the graphic, with went quite literally from arlington that are going to follow the storm in all the way through the army and the support we have with the people that are going to be able to be used in a high water situation and literally surrounding this affected area and the department of defense is ready to respond when asked from the

all of that has increased concern that s&p and moody's will downgrade when both agencies review theird an increasing preference shown for the united states in recent weeks there's new data out it shows that investors pulled $2.2 billion from foreign equity funds over this last week and added $1.6 billion to u.s. fund. this was the third week in a row that u.s. funds have gained at -- assets >>> the nfl season kicked off last night again with the rams wins we're going to say it. if the patriots win this weekend, it will be the 300th victory under the ownership of robert kraft robert kraft joins us now from gillette stadium you'd be the fastest to make it to that milestone, robert. i'm going to say good luck >> break a leg >> well, we're just excited that we're playing the game we're going to focus on the game i thank you for your good wishes it's been awhile since i've been with you all good pals. you got my special friend michael with you great to see you this morning. >> rubin is totally sticking his -- he's a 76ers owner. he's fully behind the patriots i mean, do you have to -- he's

s. >>> welcome back moody's says the chances of a no-deal brexit have increased adding such an event wouldge the uk's economic and fiscal strength. they added the two sides are still unlilikely to reach a tra agreement. cabinet ministers have been meeting this morning to discuss a no-deal brexit contingency plan willem is outside downing street it's interesting timing from moody's and the fact it happens to coincide with the date that cabinet ministers are meeting to discuss the no-deal brexit plan. the reality is we don't know what that plan is, do we >> we will get more details later today. we are expecting to hear about more impacts on potential consumers in the uk if there were to be no deal, things like passports, driving licenses and mobile phone roaming fees. so there will be something that people can understand what the impact would be if no agreement is reached by the end of march next year. in terms of the cabinet meeting, they will talk about future plans. they faced criticism over the past year when it came to that contingency planning in terms of future trade, that's something

analysts are expecting s & p will downgrade unlike moody's which is expected to downgrade italy by endber. currency market is moving on this euro 1.16 against the dollar for the quarter, look at how the european stocks faired italy the worst performer. germany down fractionally. and broader european stocks index is up by 1%. still trailing the s&p 500 guys, back to you. >> all right thank you. >>> let's head to sue herera who has a news update. >> indeed i do, jon. thank you very much. here's what's happening at this hour a strong tsunami triggered by a magnitude 7.5 earthquake hitting coastal indonesian city. waves up to 6 and a half feet high swept through, not long after authorities lifted a tsunami warning. officials reported five deaths >>> ryan air workers in germany joining others striking for better working conditions. the irish airline forced to cancel 250 flights tens of thousands of passengers expected to be effected. >>> a study by the cdc shows only 78% of health care workers are getting flu shots. those in long-term care settings were least likely to be vaccinated the cdc

s&p global ratings as well as fitch ratings. what is now of concern is that moody'sestor service which is due to make its assessment on october 12 could follow suit and possibly place the countries rand denominated debt at junk status. ins could spark a selloff some of the countries rand denominated bonds. certainly those figures coming through after the news that south africa has slipped into a recession. >> they are also dealing with inflation over there. i'm curious as to how the central bank is going to respond to this when you're dealing with elation at this time of the session -- a recession. >> it seems the rand's downward spiral not just emanating from this but from other emerging-market currencies. we know the ranch really took a hit when the turkish lyra also weakened a couple of weeks ago. it is not necessarily part of those losses. the monetary policy committee will be meeting later this month. it seems the rand's latest theess could very well country could be in for a ratings hike when the npc minutes later on this month. vonnie: thank you for that. much

. ♪ ashley: the dow and s&p continuing a run into record territory as president trump touts the bus u.s. economy ever. joining me moody'somist john lonski and from vision four funds distributors, heather zumarriaga. thank you both for being here. john, let me begin with you, the question is always how long can this bull run go? i had a number of analysts say recently we're in about the seventh inning, would you agree with that? >> i doesn't know what that means, the seventh inning. ashley: suggestion we're 2/3 of the way through it i guess. >> as long as outlook for profits, prices climb higher. i don't think the it will be derailed by higher interest rates. right now that is the still biggest danger. that danger will be well contained as we have inflation expectations stuck at 2%. ashley: yo know if that is possible. heather are we in the 7th inning or 4th inning, i don't know if you like the baseball analogies, what do you think? >> we'll be in the first inning if we get trade disputes resolved between nafta, china and the u.s. seems like the markets are getting used to trade tensions. the federal reserve set to hike

s together as a good idea, leaves public plans where they are. >> and whenever we come back to state and local pension plans, it is a dire story moodies had a writeup saying there were holes in how much needs to be set aside and paid out, could be 4 trillion, the size of the german economy is there any progress being made, especially considering stocks in the u.s. are near record highs shouldn't that alleviate some pressures? >> you know, the real problem in public plans, unfortunately you can't say it is a ticking time bomb it is more like a slow leak. the fact of the matter is that people in states and throughout the country haven't made their contributions for years and years. when you make a promise and don't fund it, don't put money in, if you haven't put the assets in, assets aren't growing. 2010, people were putting in 80% of what they were supposed to put in now they're putting in 90% it sounds better still leaves 10% hole across the board for whether or not states and cities are actually making the contributions they're supposed to make >> and as a market person what hits me, charles, is that they have given up quite a bit of return in the

moodies government's accused of corruption following an al-jazeera investigation. i'm joining with the sports and a big game in the champions league on cheese day between liverpool m.p.'s cheap plus. zero point zero zero. zero. what has a small london football club got to do with the spanish civil war i'll tell you why the team shuts the selling out because of the link. the russian defense ministry says fifteen military servicemen have been killed after their plane was shot down by syrian anti aircraft fire but it says israel is fully to blame for the incident the russian plane went down off the syrian coast near latakia moscow says israeli jets hid behind the russian plane putting it in the path of syrian air defenses rusher is calling it a. brit's provocation israel has yet to respond to the reports that its jets were attacking syrian installations in the area we can go live now to moscow our correspondent there is rory chalons rory the russians of come up with a fairly comprehensive description of what they think happened. yes and the outline you've just given there is pretty much what the russian defense ministry has said that the. israeli jets on their strike runs

moody's forecasting declining demand. on the back of that $6.7 billion deal to buy idt. some analysts reckon the price hasis too hefty and s placed it on negative watch on the back of that. manus: thank you very much, sophie in hong kong. emerging markets stock market has slumped to a 14 month low and there seems to be no recovery in sight. goldman sachs is signaling developing nation currencies have further, including citing unprecedented levels we have not seen and the global financial market crash. joins usr economist now. a great deal of research is being produced. goldman says there is more pain to come in the fx market. a bump in the markets this morning. market,s develop deficient to impact developed markets. i spoke to a jpmorgan asset manager and they are saying no, we are making great gain and it will not cause contagion. agree or disagree? >> i agree does not have the potential for contagion but it could add to uncertainty. bag.are a mixed i see the current problems more of a consequence rather than a cause of the problem. in 2017, the dollar was were on aas markets risk on mode. money was moving out of the u.s.

s web again! wednesday's weather was wild in parts of the uk, let's find out what's in store for the rest of the week with matt. the weather is in very moodys yesterday. northern ireland saw their strongest winds in september ever recorded, not quite done yet. quieter today but more spells of wet and windy weather to come, particularly this time in parts of england and wales. it links into a ribbon of cloud extending to the east coast of the us, that will sneak towards us over the next few days and it's linked into the remnants of storm ali, that's across northern scandinavia now. the weather front is wriggling across parts of central england and into southern parts of wales. this morning will be wet. south—west england, south wales, the south midlands, parts of east anglia and lincolnshire. rain here to the south—east. largely dry, mild start, fresher further north. 20 south—east. largely dry, mild start, fresherfurther north. 20 of sunshine, quieter than yesterday, heavy and thundery showers in the far north of scotland —— plenty of. strong winds but easing down. the rain turning heavier across wales and sliding into north wales and nort