nine point two billion yen of additional expenses and salaries related to the under-reporting of mr gold's salary . shipments of u.s. crude into europe have just hit a new record generally imports were six hundred and thirty thousand barrels per day still behind russia and iraq but above other opec producers higher u.s. oil exports have been helped by lower supplies of uranium and venezuelan crude which washington has put under sanctions scaring buyers across the world last year us across europe doubled to four hundred thirty thousand barrels per day which represented six percent overall it's. for more on the story let's cross over to our financial correspondent only bartz in frankfurt only how important is this increase of us or oil shipments for european companies. i think it's very important it's one of the most important factors and lowering the oil prices and there are other reasons also of course the economy waning worldwide being one of the biggest ones there the biggest factors there but the united states stepping in and avoiding the oil price climbing again it's important for so m

there have been near mrs but no gold—medal survive. that has not stopped them enjoying life of ice.hey do stupid things to each other, it is how we keep the morale up sometimes. we'll have a joke and a laugh and from that we have a plan and programme climbed up to get us in the best shape possible. all world championships are importantand possible. all world championships are important and this year's event has added significance because it is their last opportunity to prove to uk sport they deserve funding. the results may not have gone the way they wanted to this season but they believe medals are possible and this will be crucial in the target —— —— they can get back to beijing. will be crucial in the target —— —— they can get back to beijingm will be crucial in the target —— —— they can get back to beijing. it is an expensive sport to fund and there is not a lot of sponsors. uk sport give us a fantastic form to compete from. moving forward we can have that platform there is no reason we can geta that platform there is no reason we can get a medal in beijing. we do not have it we

mr. goldit was the 1995 jerusalem embassy act that propose -- that was proposed by senate majority leader bob dole back then and senate minority leader tom daschle. it was adopted by an overwhelming vote of 93-5. it called for american recognition of jerusalem as the capital of israel. [applause] and it called for the establishment of the u.s. embassy in jerusalem as well. [applause] that was in 1995. this past year it was president donald trump who finally moved the u.s. embassy from tel aviv to jerusalem. cheers and applause] politics tigses make promises. few -- politicians make promises. few of them actually fulfill them. president trump did. [applause] i was privileged to be at the opening ceremony last may. i recalled in 1999 when i was israel's ambassador to the nited nations and i sought instructions from my foreign minister about how to respond to a palestinian initiative against the state of israel at the u.n. i wanted instructions. he told me to read over the speech of israel's firs

mr. lincoln's desk at the time of the assassination, it was sitting close by a beautiful gold pen. now why did abraham lincoln have a quill pen and a gold pen sitting right next to each other on his desk as president? it is a matter of speculation but consider this. maybe the quill pen represents where abraham lincoln began in life. in that log cabin with a dirt floor with less than a year of formal education and maybe that gold pen symbolizes what he had achieved. he is president of the united states and at the time of his death, he is one of the most powerful men in the world. it is that evolution that abraham lincoln talked about during his presidency when he talked to soldiers as he was reviewing soldiers at the end of the war and he was pleading with them to continue on this fighting until the war was finally over. that's the lesson that he would tell those soldiers. he had achieved and it didn't matter where he started in life, but that's the american dream. that's why america is worth fighting for. it is also probably a hint at why he hated slavely so much, because slavery i

what is the latest on protecting the gold reserves for the people of venezuela? >> i'm sorry, mr. congressman. i unfortunately, don't work with gold reserves. i can take that question back, though. >> additionally, with that, we have sanctions and i hope you know who is facilitating this so sanctions can be in place. thank you for your service to our country. we know there's drug trafficking significant out of the regime and the maduro regime and human trafficking and what is being done and also terrorists, harboring, hezbollah and they have to provide efforts that threaten american families. >> it is very difficult when you have a regime that is in fact very much in favor of doing that. >> it's protected on their side of the border and there's a lot of drug trafficking that benefits the top officials of the regime. what can we do? >> one thing we can do is sanction those involved in this. in some case, we can prosecute people involved in this and try it assemble the information because the day will come when venezuelans will take control of their own government and their own count

mr. bezos for doing exactly the right thing. >> we're a gold standard for innovation.ter being criticized he wasn't giving enough of the fortune to krarty. he announced the day one fund. a $2 billion commitment to programs to help the homeless and preschools in low income areas. making him 2018 topfy l-- >> amazon reached out to mary's place in december of 2015. they called us up and said we have an empty building and wondering if you would want to use that. to bring families inside. >> the company didn't stop there. >> amazon has offered to build us a forever home. in their downtown headquarters. >> having a shelter in a corporate headquarters is unprecedented. >> bezos is also building on a mission he's been pursuing for almost two decades at blue origin. space exploration. >> this is the most important work i'm doing. i have great conviction about that. >> blue origin work follows the vision bezos out lined way back in high school. preserving the earth by moving industry to space. >> i don't want a plan b for earth. i want plan b to make sure plan a works. you go fo

sires: getting back to the money, i know he made an effort to move $1 billion in gold, and you already rejected it. mr. abrams: there are continuing efforts. some of them look as if they have been successful. a private jet comes in and gold is put on it, and off it goes. the gold is sold and the money goes to people in the regime. rep. sires: they open an account in russia? that's the latest i read. mr. abrams: most western banks, not just american banks, won't touch any of this. they need to go look for things like a russian bank that will deal with it. rep. sires: but if we prevent the money from going into venezuela, where are they getting the money to move to russia? can you speak to that? >> i think the point of the sanctions is to do exactly what you described, to keep the money in these locked accounts in the united states so they don't flow back to venezuela and are not then -- rep. sires: disappeared. >> disappears. however, they sanctions were only announced a couple weeks ago. money that had gone back before then is available to the illegitimate regime to be used for these purposes. the poi

mr. and it was always a little fishy >>> okay. >> laura: what is that gold package?e this. i'm opening it on the show. >> laura: and the winner is >>> this is the grammys, and the winner is. >> laura: don't you hate the plastic bubble wraps >>> this is awful, you always should have the props predone. there's scissors. they sent it. will wilder three. so excited. i'll share this with you all later. >> laura: it's coming out monday? >>> tuesday, book s >> laura: coming out monday? >> tuesday. the whole family can take part. >> laura: we started reading, and nico's eyes got big because they are demons. demons are crawling on the ceiling. paris, world war ii. we have -- great segment. we have an important update on the story that we brought you. covington catholic boys of course, independent investigation just wrapped up. we are going to you what it concluded. plus the trumped families fighting back against the new york attorney general. joseph digenova is here on why they may have a cas everywhere. an adventure for the whole family, can take part. boys love it. >> laura

gold around president mccrone the republic marsh party have criticized a lot. as reported last time the yellow bus protesters have increasingly cited repressive responses from authorities on their list of grievances meanwhile mr crone's government may have need to resort to use that new law as yellow best protesters have for the first time allied with the french labor movement specifically the general confederation of labor or c g t a coalition of unions tens of thousands of combined yellow vest and c g t protesters march in a handful of cities to jointly protest in equable tax burdens and increasingly on livable wages. and this is going to be fun we now move to take a look at block chain and how it's revolutionizing finance and to do so we are pleased to be joined by nice moyle she's a partner at republic leds a venture capitalist and like me i'm pleased to say a contributor to ford's new so welcome thank you for being with us thank you so much for having me ok so let's start with securities and you've written about this i read all your forwards contributing blog but let's start with securities you wrote a really compelling case i mean how are they being digitized and what are the benefits tell all the boom

mrs. cramer. >> she knew how to trade better than anybody else in the world >> good for you. i'd like to know your opinion on buying gold and silver as a hedge against the market. >> i think cash is the best hedges okay against the market against the monetary system you're right with gold i happen to like actual physical gold i actually like buying gold coins. if you can't afford it, the stock also not work because they tend not to reflect the price of gold so if you do buy gold bouillon, do not keep it in your house but i think you're dead right about the idea stocks don't need to be abstract certificates or numbers and lers behind a password protected screen they're real you can touch, taste and play with them. with kids that's often the best play to start. still more "mad money" ahead including investing advice from one of the wisest groups of people around. teenagers. i'll explain next. >>> plus, a serious piece of investing wisdom i think is dead wrong and could be wreaking havoc on your money right now and i'm taking your questions tweet by tweet so send them my way with mad tweets and stay with cramer. state of t

what is the latest on protecting the gold reserves for the people of venezuela? >> i'm sorry, mr. congressman. i unfortunately don't work with old reserves. i can take the question back, though. rep. wilson: additionally, we have sanctions. i hope that we can identify who the possible purchasers are and who is facilitating this so sanctions can be in place. mr. abrams, thank you for your service to our country. we know there is drug trafficking that is significant out of the maduro regime, human trafficking. what is being done? and also terrorists. harboring of has below. what is being done to identify and block the threatening of american families? mr. abrams: it's difficult when you have a regime that is in fact in favor of doing that. a guerrilla group from columbia is protecting them on that side of the border. there is a lot of drug trafficking that benefits the top officials of the regime. one thing we can do is sanction those who are involved in this. in some cases, we can prosecute people involved and try to assemble the information. the day will come when venezuelans will

gold, copper, and that other thing called bitcoin i think you buy them all. >> if you've a believer that global growth is slowing down -- >> i'm not. >> because you're mr.b.k. >> citi is pointing out that you basically have exchange levels at ten-year lows in terms of copper, supply/demand, et cetera that's great just to be clear, i own freeport to treat it as pure copper or gold play is wrong they made some tremendous acquisition plays at the peak. i'll leave that for people to look into those deals. i didn't like those deals. this company probably has upside to about $18, which would be a nice move here breakout at 12.50 for sure i think the entire resource space look the most interesting. >> is it just a giant trade bet though let's say we get really bad headlines out of trade. >> i think it's a giant inflation bet. that's what i think it is more than a trade bet. >> you think we have inflation >> i think we're going to have higher inflation. >> he's bullish and thinks we have inflation. >> exactly so inflation is okay as long as it's not too much. at some point in time the market will start to decrease earnings expectations because inflation will er

mr. cappelli that huge complexities of the massive consolidation that we are seeing in the gold mining business anything that happens with that possible deal. in the meantime, coming up, the conversation with --. the former india reserve --ernor, look for that if interview, 6:00 in new york. 11:00 in london. this is bloomberg. ♪ tom: -- >> this is bloomberg surveillance. let's get the bloomberg business flash. -- announcing its own fuld and smartphone to challenge the one just unveiled by samsung. the -- unfold into a small tablet like samsung's galaxy full. it will cost $2600. the market for small -- smartphones is slowing. manufacturers are searching for ways to convince consumers they should upgrade their devices. -- is rolling out new 5g chips for cards, pcs, and home broadband. the company's president about what this means for the industry. are here toreens stay. you will see the opportunity for larger screens and see how flexible that technology. you are also going to see devices, they are more specialized for more capable gaming because 5g will allow you to have mainstream gaming. on 5g

gold. it suggested that perhaps he was insane. we weren't allowed to cross-examine. >> some of the evidence jurors heard were about private jets filled with cash, bodies burned in bonfires, evidence of mrnd raping young girls -- >> the jury didn't hear that. >> never mind -- >> false. fake news. >> this is what came out in trial -- >> false. fake news. they heard about some of that. never heard about him raping girls. that's fake news. >> did they hear about the heroin production of the cartel? >> of course. that's what the charge is. >> that killed so many americans. >> perhaps maybe one american was killed. >> i'm talking about heroin. >> oh, in terms of the impact of heroin? it's horrible. the problem with america is getting rid of chapo has not changed anything. the drug flow hasn't changed. the violence in mexico hasn't changed. what we need to figure out is why are americans so hell bent on doing illegal drugs. the need for the drugs causes the cartels -- >> i think the production of the drugs doesn't help either. is this a man who deserves to be free? >> does he deserve to be free? i'll tell you what he deserves. this is america. he deserves a fair trial and that's it. does he d

gold-mining, long cycles, have dropped off tremendously. , thankffrey r. currie you for stopping by. he is with goldman sachs. it is an extraordinary day in international relations and markets, mrin this newwe celebrate book. coming up, kashmir. ♪ want more from your entertainment experience? just say teach me more. into your xfinity voice remote to discover all sorts of tips and tricks in x1. can i find my wifi password? just ask. [ ding ] show me my wifi password. hey now! [ ding ] you can even troubleshoot, learn new voice commands and much more. clean my daughter's room. [ ding ] oh, it won't do that. welp, someone should. just say "teach me more" into your voice remote and see how you can have an even better x1 experience. simple. easy. awesome. ♪ tom: this morning, the president bethe united states will five or six miles from hanoi. a continuedt is constitutional and political , a secondbrexit delay referendum, and confusion made labour. and the ghost of the first kashmir war of 1947. good morning, everyone. this is "bloomberg surveillance ," live from our world headquarters in new york. i'm tom keene. francine lacqua in london. we have a discussion with the professor on

mr. mccabe was hell bent on stopping donald trump not only from becoming president, but trying to make sure he did not stay president. of the united states mint. and as one of the largest us goldn distributors in the country, us money reserve has proudly served hundreds of thousands of clients worldwide. there may have never been a better time to start diversifying your assets with physical gold and silver. and right now, it's easy to get started. just pick up the phone and call toll free to request the complete guide to buying gold with hundreds of pages of important information. don't put it off another day. call now. - of all my years involvement with buying gold, it's only gotten better in my faith in the company, u.s. money reserve. that's the company i do business with, and i don't see doing business with anyone else. - don't wait until the next crisis. get started securing you financial future today. call and request your copy of the complete guide to buying gold. absolutely free. we're one of the most dependable gold distributors in america. give us a call today to get started. the first-of-its-kind lexus ux and ux f sport, with the latest safety system standard, best-