at thes worked very well swiss national bank. it also forces you to find a solution even in difficult times. we are a small country exposed to these international shocks, so the governance we have for our case, for our country, worked well so far. it is really to find a consensus vis-a-vis this view the public together, and that worked well. i am personally convinced -- and i don't speak for other countries, this is specific, should not be changed -- and it has helped switzerland at the central bank man at the canton levels as well. unless you see that you have better options, but this is also risky. chairman powell: it is the same in the united states. failed central banks at the very beginning of the republic. if you saw the musical "hamilton," that was the first one. the second one died in 1836. the difference was, they were very much east coast-based, and the rest of the country was sort of suspicious in those times about having power over money and banking concentrated there. the beauty of our system is what i mentioned, we

we have just sanctioned the arabian national bank that is their central banking system and it's going to be. at the highest level of sanctions we are continuing the maximum pressure campaign this is the last remaining source of funds support the central bank of iran israel well as the national development fund which is their sovereign wealth fund will be cut off from our banking system so this will mean no more funds going to the r g c were to find terror and this is on top of our oil sanctions and our financial institutions sanctions are a very major factor is what we do these are the highest sanctions ever imposed on a country never done it to this level the u.s. justice department is being accused of playing a key role in withholding a whistle blows complaint against president trump the complaint reportedly relates to a personal phone call between the president and the foreign leader the head of the u.s. house intelligence committee says officials were blocked from polishing on the complaint to congress which they're supposed to do the president trumps denied any wrongdoing to says

president trump: we have just sanctioned the iranian national bank, that is their central banking system's going to be at the highest level of sanctions, so that just took place at a couple of other things. this is very big. we've cutoff all sorts of funds to our end. president trump: right to the top. liz: are we going to see retaliation from iran on that? >> i think this was a miss calculation by the islamic republic of iran. they didn't expect the trump adminitration to go after the central bank of iran. this is big. this is the one we were advocat ing for two years ago that if we wanted to hurt the islamic republic you'd go out to the central bank of iran. this shuts down almost everything. this is big, this would actually hurt them in these negotiations with europe to try to find bypass mechanisms. the central bank was carved out of sanctions and now it is in and this is big and it's for terrorism so it's hard for a new democrat president like my colleague said, to undo these sanctions. these sanctions are with treasury, and based on terrorism activities and this is a big one this i

you instructed me we are continuing maximum pressure campaign, the last -- the central bank of iran and the national development part which is their sovereign wealth fund will be cutoff from our banking system. this will mean no more funds funding terror on top of our financial institutions sanctions. this is very big. we have cut off all sorts of fundss to our end. >> right to the top, right to the top. right to the top. thank you very much, appreciate it. we are dealing with many nations, we are dealing with neighbors to saudi arabia and we are dealing with saudi arabia, saudi arabia is very much involved from the standpoint of what they are doing and working together with others. we are working on the cost of this whole endeavor. saudi arabia has been very generous. if it works out that is great. in the end it always works out. you will be seeing certain things but a major factor is what we did. these are the highest sanctions ever imposed on a country, never done it to this level. it is too bad what is happening with iran. it is going to hell and doing poorly, they are practically broke, they ar

pressure campaign this is the last remaining source of funds support the central bank of iran israel well as the national development fund which is their sovereign wealth fund will be cut off from our banking system so this will mean no more funds going to the r g c with a foreign terror and this is on top of our oil sanctions and our financial institutions sanctions but a very major factor is what we do these are the highest sanctions ever imposed on a country we've never done it to this level by this live now to our white house correspondent kimberly how he's been following the day's events in d.c. and kimberly said clearly that trump administration deciding that they're going to continue with the campaign that they call the campaign of maximum pressure and it seems at this stage anyway that the option of a military at reaction is off the table. well officially the white house would never say off the table they continue to say that all options are on the table but what has become clear as we watch the news conference between the australian prime minister and the u.s. president is that donald trump woul

that's worked over 100 years very well at the swiss national bank.t also forces you to find a solution even in difficult times, and we are small country, exposed to this international [ inaudible ] so in our case, our country, it's really to find a consensus and then to defend its view vis a vis the public together and that worked well. i'm personally convinced i do not speak for other countries, it's really something that is very specific, should not be changed and it helps not only at the central bank but also at the government very well. >> unless you see that you have better options, but this is also risky. >> so actually, it's the same in the united states. we have two failed central banks, at the very beginning of the republic, if you ever saw "hamilton" the musical, that's the first one. there was another one. the second one died in 1836. the difference was they were very much east coast-based and you know, the rest of the country was sort of suspicious in those times about having power over money and banking concentrated there. so the beauty

we have the swiss national bank rate decision out.d leave the benchmark rate unchanged at 75 basis points and i did say the next icision would be in 2009, but meant december 12 of 2019. i sometimes forget what decade we are in your fortunately, all of that information is written down for me. it looks like the frank has really lost -- i'm sorry, gained strength. against the euro, the swiss franc has gained some strength and now goes for 1.1 francs. are in goodre you company. let's move on from the swiss rate decision and talk about in the going on here eurozone and specifically increase. you have to look to europe's most indebted nation. great equities have soared more than 40% and got another boost a 9erday and reported billion euro plan to help the banks tackle bad debt. joining us to discuss the aspen stock exchange ceo. good to speak to you this morning. your thoughts on the big surge we have seen in greek stocks? is this justified or unexplained? >> of course it is justified. we have more room to go. greecesee the ratio in behind

know proved it doesn't last told to accepting the prize for economics to you who looked at which nations bank notes . best at transmitting diseases you're wondering it's romania's cards when asked about how to counter this problem they have devised people just use their credit cards bequests other with projects short of magnetised cockroaches and hugh shaped one but excrement. here thank you very much for sharing them with us. and before i let you go here's a reminder of the top story we're following for you. pro-democracy protests in hong kong have again been mobbed by violence clashes broke out more when probating activists faced off with the post the latest confrontation and. sometimes violent. watching news from berlin thank you for your business special the debate from the world economic forum and. that you very much. neal and i'm game on the brand new delusion in the books this person to voice his rental place that affects us all. climate change the return of the. only reasons.

is not approved it doesn't except in the prize for economics a dutch team who looked at which nation's banks notes i'm best at transmitting diseases if you're wondering it's romania's currency when asked about how to come to the problem they advise people to use their credit cards when in projects and include it in magnetized cockroaches and cube shaped one but excrement all of us your daughter but thank you very much for sharing that sides and here's a reminder of the top story we're following for you pro-democracy protests in hong kong have been again renard by violence clashes broke out at a ball when pro beijing activists faced off with the protesters the latest taken in months sometimes violent protests. that's it from here to the news feed and now let's go to. the my room. and in the end this is a me you're not allowed to stay here and we will send you back. are you familiar with this. with the smugglers who are liars and.

think the world is definitely on an easing cycle now annual seymour of that after the fomc, swiss national bankank ofjapan is further this week —— and you'll see more. i don't foresee any hikes in monetary policy oi’ foresee any hikes in monetary policy or huge spikes in inflation because of this at this stage. markets a nalyst of this at this stage. markets a na lyst jeff of this at this stage. markets a nalyst jeff halley of this at this stage. markets analystjeff halley joining us earlierfrom jakarta. in other business news, donald trump has said the us and japan have reached an initial trade deal and in a letter to congress mr trumps said he will enter into agreements in the coming weeks stop in hong kong, months of protests are taking their toll on the city's reputation as a world financial hub —— coming weeks. they contacted public relations companies. what's been the response from the pr industry? zero when. when contacted by the bbc, they said they did a... it says it has no plans to conduct another similar exercise. earlier i asked a pr expert why there was no takers for thejob. well,

pressure campaign this is the last remaining source of funds so both the central bank of iran and israel well as the national development fund which is their sovereign wealth fund will be cut off from our banking system so this will mean no more funds going to the r.g.c. or define terror and this is on top of our oil sanctions and our financial institutions sanctions when a very major factor is what we do these are the highest sanctions ever imposed on a country never done it to this level on our white house correspondent kelly how can join us live now can be some tough sanctions announced that by the trumpet ministration by trouble so stay saying how he's showing restraint when it comes to iran. yeah it's really different language than we saw just a 5 days ago from the u.s. president and the u.s. vice president where they were using phrases like locked and loaded in terms of a military response even as of yesterday thursday when we know that there were consultations at the pentagon consultations between the defense secretary even the national security adviser on possible target sites inside iran covert cybe

it's the national bank so that's symbolic as the president said. it's the highest bank.ty is that the iranian government is under a lot of economic pressure. that's probably why they conducted the strike that they conducted. they are trying to gt our attention. they are trying to force us to the negotiating table because we have their backs to the wall. i think the president's absolutely right the easiest thing to do is launch some sort of missile and start a war. >> but despite the fact what we hear from the president, if he were to do that, what would war look like with iran? because according to the president it would be simple and easy. it would be in and out and it would be over. but you and i and most of the people know a war with iran would not be that. >> it would not be that it would be bloody and disgusting. >> it would destabilize the whole region. >> it would be unprovoked because the iranians did not strike us. the hard thing and the right thing to do is to sit down right now with the iranians and to put together another agreement. i have an op-ed that came

set to deploy a small number of troops to saudi arabia soon and new sanctions slapped on iran's national bank. it's the backdrop to the week's gathering of world leaders in new york with the u.s. looking to build a diplomatic coalitione centerpiece of the president's address to the assembly tomorrow >> iran, if you look, that's really been the state of terror. i've been saying that's the number one state of terror in the world. >> reporter: another big issue here, climate with the president making a brief appearance at a climate session attended by teen activist greta thunberg. >> you have stolen my dreams and my childhood with your empty words. we are in the beginning of a mass extinction and all you can talk about is the money and fairy tales of eternal economic growth how dare you >> reporter: nuclear talks with north korea are another key international issue with president trump. late tonight he's suggesting the door is open to a possible third summit with kim jong-un despite the recent short-range missile tests. lester >> hallie jackson, thank you. >>> the murder trial began for a former

he says they should go to the top of the iranian regime by cutting off iranian national bank to fundsis afternoon he will meet with his national security team to discuss possible military actions. many hawkish republicans in congress has told the president he should put on the table strikes against iranian oil. the administration blames it on the president saying, everybody calm down waiting. not going into military action is not weakness but strength. >> we want to see if it works out, and if it works out, that's great. if it doesn't work out, that's great. in the end it always works out, whether it's now or in three weeks. it doesn't make any difference. but i think the strong person's approach and the thing that does show strength would be showing a little bit of restraint. much easier to do it the other way. it's much easier. and iran knows if they misbehave, they're on borrowed time. >> the president meanders sometimes in his language which is his way, but that is trump. that is, don't push me. i don't want to start military confrontation. i'm going to meet with my advisers today

they're sanctioning the iran national bank.urse, this comes in response after those attacks on the saudi oil facilities that the president and his administration have pinned on iran multiple times. and the president said on wednesday that new sanctions were forthcoming for iran. he didn't detail exactly what those were going to look like. and we're still waiting to see what the details will look like, when we do get the paperwork from treasury where we expect that is forthcoming. you have to keep in mind that this comes after the secretary of state, mike pompeo, traveled to saudi arabia. he just returned overnight back here to washington. that's when the administration said she was going to make a decision on this. now the president is making this news in the oval office as we speak. >> all right, kaitlan, we'll hear what he says and what his answers are on those reporter questions to all of this. thank you very much on this breaking news. so building on that, cnn was actually able to make it to the site of last week's devastat

pressure campaign this is the last remaining source of funds so both the central bank of iran and israel well as the national development fund which is their sovereign wealth fund will be cut off from our banking system so this will mean no more funds going to the r.g.c. were to fund terror and this is on top of our oil sanctions and our financial institutions sanctions when a very major factor is what we do these are the highest sanctions ever imposed on a country we've never done it to this level. well those measures just came just hours after the head of yemen to the rebels proposed an end to hostilities with saudi arabia he said his fighters would stop targeting saudi arabia with drones and other weapons but only if we are to cease its own fire all the routines are fighting the saudi amorality back forces in yemen that claimed responsibility for the attacks on saudi arabia's oil facilities a week ago. we reserve the right to respond if they fail to reciprocate positively to this initiative the continuation of this war will not benefit any side on the contrary it could lead to dangerous developments which

david: president trump hitting iran with new sanctions aimed directly at iranian national bank.ollowing the devastating drone and missile attacks on saudi oil fields. that was last weekend. well, this is clearly ratcheting up sanctions to a new unprecedented level, is it enough? here's special representative for iran, brian hook who just returned at 3:00 a.m. from this morning from the middle east. we thank you for making it here. what do we do if iran strikes out again even after these new sanctions? >> well, what we're trying to do is deescalate tensions. the president has kept our foreign policy clearly within the left right limits of diplomacy, the problem is iran is meeting our diplomacy with military force. and they have been doing it for many months now, since may, we have had almost 100 attacks that iran is behind in the middle east. secretary pompeo and i traveled to the region, met with crown prince in saudi arabia and in uae, to hear first land from those countries who are on the front lines of iranian aggression. the secretary will be seeing the president today to di

that's the key to this conflict. >> the president also announced sanctions against the iranian national banklosing the loop on the sanctions that he threatened via tweet earlier this week. do you think allies like lindsay graham think sanctions will not be effective do you think this will be effective? >> no, in fact, this is the m maximalist kme maximalist pressure campaign. we've seen poor results. that's why we've put forward a letter talking about how critical it is that we be very thoughtful about this, for example, we know as veterans the cause a war would have to our soldiers. and if the president wants to begin a conflict with iran, he's got to come to congress for permission to do so. >> that is something you and your fellow democrats have been vocal about. >> certainly, that is the war powers act, that is the congress's responsibility. you just have to look at the constitution to know that it is congress that can declare war and the president must come to congress for that power. >> before i let you go, you have recently in your district gained a primary challenger, largely due to

. >> we have just sanctions the iranian national bank.s going to be at the highest level of sanctions. >> we will see what happens, a familiar refrain from president trump. when asked with the u.s. might do next to us respond to iran's attacks on saudi oil fields. iran denies it was behind the president has authorized sendin request. >> is the president has made clear, the united states does not seek conflict with iran. that said, we have many other military options available should they be necessary. >> the strikes, which washington says can prove came from iran, have pushed the regent to the brink. for its part, to iran is threatening to escalate the violence should the u.s. or the saudis attack even in limited form. >> a limited invasion will not remain limited. we have proven it before. >> that warning comes under jay that saw the ridging -- a series of parades to mark the 39th anniversary of the start of the iran-iraq war and comes months after the iranians downed and a american surveillance drone in international airspace. this in a

we are watching jerome powell speaking in zurich with thomas jordan of the swiss national bank. for more insight on what we have seen, we have a deputy chief ,conomist at cornerstone macro as well as michael mckee. in terms of the broad range of comments here, anything particularly surprising? talking about the neutral rate being lower. he said we would act as appropriately to maintain economic expansion. that could have been interpreted as bullish for the markets, but they didn't budge much. what do you take away from the remarks here? jay powell was disciplined and stuck to his talking points, made the argument that the u.s. economy is in a good place, language that he has used before, said the fed is not forecasting recession, which they would never do, so the fact that he stayed away from that was a good thing. and the act as appropriate line he has used many times. you have to think there is a drinking game on wall street every time he says that. if there was anything newsworthy , to an extent, it was hearing from him directly that politics does not play any role in their d

most importantly, for central banks, like the european central bank and the swiss national bank and the bank of japan, that already have interest rates at negative levels and have engaged in substantial quantitative easing programs. if you are at your limit for qe and you already have negative interest rates, it is not so clear. maybe the biggest paradox or irony for the european central ease policy by lightening up on that negative deposit rate and bringing it back closer to zero. a couple of weeks ago, when they -50 -- it from -40 to exempt a larger portion of the european bank deposits from having to pay that negative deposit rate or negative deposit tax. that is an an admission on that part. negative deposit rates are not working or achieving the intended results. yvonne: stick around. the first word news. >> we start with budweiser brewing. it is said to be pricing its ipo at the bottom of the range at 27 dollars a share. last week, it was hoping to raise up to $4.8 billion. revised ipo is attracting cornerstone investment. askedent trump has stephen mnuchin to explain why -- causi

castro appoints cheney director of cuba's national bank this nomination is a provocation for the united states and they decide to block all credit to cuban banks for del castro responds by attacking american businesses in cuba the escalation has begun. by new york daily. the americans stop all sugar imports from cuba the island's economy 90 percent of which is dependent on its business with the united states is on the verge of collapse fidel needs to leave the whole bit if the us and the only way of moving away from the us for a small country like cuba in the 1960 s. is to move towards the u.s.s.r. this simply is no other way it's a practical resolution if not an ideological one book about it let's show he can any could he be sure she returned peerage she met his you know who you'd be tolerant of an early shoot key and there's once you he said to take it he had to be 20 percent of. the u.s.s.r. now provides oil to the island in exchange for the children. in their oil. i mean young. he said early in your soviet elaph orsino she did get toyed with the need the gash event the need to get s

we're ry mnuchin: continuing the maximum -- so ash the central bank of iran well as the national development fund, which is their sovereign well fund, will be cut off from banking system. so this will mean no more funds fund to the rogc to terror. this is on top of our oil sanctions and our financial sanctions.s thank you, mr. president. reporter: mr. secretary. secretary mnuchin: it's very big. we have cut off all sources of iran.to the top? right to secretary mnuchin: yes. president trump: right at the top. right at the top. you. appreciate it. so we're dealing with many nations. with some of the neighbors to saudi arabia and, of course, we're dealing with arabia. saudi arabia is very much nvolved from the standpoint of what we're doing and what they're doing and we're working together with others. also working on the cost of this whole endeavor. arabia's been very generous. we want to see if it works out works out, that's great. if it doesn't work out, that's great. in the end it always works out. way it is. it always works out. so you'll be seeing certain but a very ning, major factor is

pressure campaign this is the last remaining source of funds so both the central bank of iran and israel well as the national development fund which is their sovereign wealth fund will be cut off from our banking system so this will mean no more funds going to the r.g.c. were to fund terror and this is on top of our oil sanctions and our financial institutions our actions in a very major factor is what we do these are the highest sanctions ever imposed on a country we've never done it to this level. well mike hanna joins us now from washington and mike on the face of it these sanctions look it's all they're all positive president trumps maximum pressure campaign on iran but on the other hand does it signal that he would prefer not to take any military action and to escalate recent tensions and perhaps a different sort of way. well it does appear that he's intent on ratcheting up economic pressure sensually these new sanctions are layered over a series of sanctions that the trump administration has imposed on iran in recent months or indeed since the u.s. unilaterally pulled out of the iranian nuclear deal la

escalation of sanctions against iran this highest level of sanctions that sanctions imposed on iran's national bank but not a military response this is donald trump speaking to journalists easiest thing i could do if i could do it while you're here which say go ahead fellows going to knock out 15 different major things in around i could do that and all set to go it's all set to go but i think the strong persons approach and the thing that does show strength would be showing a little bit of restraint now while saudi arabia maintains they are sure that it is iran was responsible on thursday we heard from the pentagon and they said they are still investigating and haven't come to solid conclusions let yet this is the u.s. department of defense our position on this has been we're going to work through with the saudis as they make their assessment of what took place so we're going to work with them but we're going to allow the saudis to make the declarations on where they believe the attacks came from and the ultimate responsibility unlike the pentagon mike pompei o who is. on a regional visit to saudi

the pressure here and now telling reporters in the oval office we have sanctioned the iranian national bankecifics as soon as we have it. >> we did wonder kind of openly what's less the sanction there are a handful of thing. >> there you go. sanctioning the national -- iranian national bank, the question is what are going to be the implications of that going forward s forward? the iranians having struggling for any kind of financing over the past couple years over the crushing weight of these sanctions already in place we need to get more information about what this will prevent the iranians from doing what they were able to do earlier this week we don't know the answer to that. >> he also says they're making progress with china, but there's been hardly any headlines from this deputy level negotiation trade talk this week. >> that's right. well, what we don't know and she's been reporting on this, we do expect that the chinese delegation is going to go to usa farm country to meet with farmers, so it's possible we get an announcement of some kind from the chinese there alongside american far

has just sanctioned iran's national bank what more can we expect and if you can answer briefly for. well as foreign minister recently said some of these are duplicative sanctions where the latest sanctions on the central bank and the future generation fund. very important negative steps because they can be kept. in port of food and medicine in the u.s. has a lot way whereas for those stuff food stuff and medicine yet we hear that from all day you know applications to the treasury department only one 3rd been approved that was before the imposition of this latest round of sanctions so he's going to make them any threat in a situation in iran more difficult and we need to you know step back from the crisis situation and pursue diplomacy i don't wise you know iran would use back against the wall will resort to any means to defend its interests. or i think for fast on the subject of a office the middle east political analyst thanks for being with us. are the u.k. supreme court has issued a dramatic ruling that reversing prime minister johnson suspension of parliament was that after a sh

wake of the strikes on saudi oil facilities over the weekend the restrictions target the iranian national bank at quote the highest level as trump put it he made the announcement during a meeting with the australian prime minister in the oval office the u.s. of course blames iran for the drone attacks in saudi arabia despite the fact that who think rebels in yemen claimed responsibility and he ran denies any involvement the russian foreign ministry meanwhile has called the latest sanctions illegitimate we'll have more on that story in the next hour. several 100 people have gathered in the nevada desert in the u.s. under the rallying cry storm area 51 what started as a joke campaign to break into the secretive military base has ended up attracting about 2000000 supporters on facebook and many claiming the american government hiding u.f.o. is there a festival known as alien stock which was due to be held in a nearby town was canceled last week but that has not stopped u.f.o. enthusiasts from descending on the area despite warnings from authorities about airspace has also been shut down on friday

in the wake of the strikes on saudi oil facilities last week sanctions now target the iranian national bank. these are the highest sanctions ever imposed on a country we've never done it to this level and it's too bad what's happening with the rent it's going to hell. we go live now to new york and our correspondent killam up and caleb bring us up to speed. well donald trump is referring to it as the highest level of sanctions ever imposed on iran and they are being imposed in response to last week's attack on a rum coal or oil facility saudi arabia says that iran is to blame for that attack iran be humanly denies that they were involved in this attack and has said they will respond to any actions against them now interestingly the who the forces in yemen did claim responsibility for the attack however saudi arabia says it doubts that the who the forces of yemen actually have the capability to hit their facility in the manner it was hit and after several days of talk about a possible military response from the united states to this attack on the oil facility trump seems to have come out and

for thosettas squarely on iran and announced on friday a new round of sanctions against iran's national bank. president trump has not ruled out military strikes, but it seems he is holding off on them for now. we begin this morning with secretary of state mike pompeo, who called the oil field attacks an act of war. mr. secretary, good morning. >>argaret, it's good to be with you again. >> brennan: you are the only u.s. official who has directly and definitively blamed every single part of these attacks on iran. is there any question that the attack was launched from iran? >> no reasonable person doubts precisely who conducted these strikes, and it is the intelligence community's determination that it is likely the case that these were launched from iran. >> brennan: likely? >> they came from the north. it was a sophisticated attack. these weapons systems had ranges that could not have come from the houthis. it is nuts to make the assertion this was an take by the houthis. this was iran true and true. the united states will respond in a way that reflects that act of war by this iranian revolu

proved that it does not and accepting the prize for economics a dutch team who looked at which nations bank notes are better transmitting diseases if you're wondering it's romania's currency when asked about house account of the problem they simply advise people to use their credit cards. well other winning projects included magnetised call croce's and cube shaped one but excrement from all of us thank you science well the day isn't my style but the conversation was continues online to find us on twitter at either the news or follow me at helena c humphrey remember to use the hash tag of the day and of course thanks for choosing to spend part of your day with us. and. the w.c. talk show strong opinions clear positions from international perspectives beijing is taking a tougher stance on democracy crozier's soon its economic influence is growing dramatically and it's boosting its military defense attorneys so is china striving for global supremacy find out to the point she will flee. to. natural riches of precious resources. and a rewarding investment. farmland has been called ethiopia is a

pressure campaign this is the last remaining source of funds so both the central bank of iran and israel well as the national development fund which is their sovereign wealth fund will be cut off from our banking system so this will mean no border funds going to the r.g.c. were to fund terror and this is on top of our oil sanctions and our financial institutions sanctions were a very major factor is what we do these are the highest sanctions ever imposed on a country we've never done it to this level millions of people from around the world have taken part in a global climate strike demanding governments do more to cut emissions before the damage to the planet is irreversible from australia to the u.s. europe to africa and asia students and workers took the day off to illustrate the seriousness of the crisis and its impacts from czech generations. and thousands of algerians of return to the streets of the capital algeria's for the 1st week in a row demanding political change this despite a crackdown by military chiefs who had ordered security services to block people entering the capital of protest as want t

proved that it does not and accepting the prize for economics a dutch team who looked at which nations bank notes better transmitting diseases if you're wondering it's romania's currency when asked about how to counter the problem they simply advise people to use their credit cards. well other winning projects included magnetised call croce's and cube shaped one but excrement from all of us thank you science well the day isn't my style but the conversation was continues online to find us on twitter either at the w. or follow me at how to not see humphrey remember to use the hash tag of the day and of course thanks for choosing to spend part of your day with us. this is like. the food. this music shop near enough. to feel. safe. to come to the right place. with our superhero. my mission is clear. and culturally should explore germany. take diving. everything out there is 0. a lot going on in. germany tried and tested. stupid d.w. . letter we were. when we were. 80 percent of americans at some point in our lives will experience hardship listen. to. finds its. and follow the adventures of the

president trump: we have sanctioned the iranian national bank, their central banking system.s going to be at the highest level of sanctions. >> we are continuing a maximum pressure campaign. this is the last remaining thece of funds for development funds, their sovereign wealth fund will be caught of from our banking systems. to the funds going terror and this is on top of oil sanctions and our financial institution sanctions. president trump: these are the highest sanctions ever imposed on a country. we've never done it to this level. anchor: mike joins us from washington. despite what president trump was saying, do these apply anymore pressure on the government that currently exists? what have you been hearing? >> once again, very difficult to say at this early stage. what the trump administration has done is added new layers of sanctions among the many that have been in place. president trump and his advisors are insistent there is a massive economic impact from the original sanctions that were opposed -- imposed in recent months, and this will increase the impact. once ag

norway bucking the trend earlier today, delivering a fourth rate hike over the past year swiss national bank england holding rates steady you look at that weak august inflation data, trade wars with china, and tensions there, and ongoing brexit concerns, all weighing on bank of england and policy makers governor mark carney striking a dovish tone, adding a no deal scenario, even delay to brexit would slow growth, raise prices as well. rate decisions are key around the world. morgan, back to you guys >> absolutely. thank you. >>> let's get to sue herera for a news update. >> good morning. here is what's happening canadian prime minister justin true dough's campaign trying to move out of scandal over a costume at a party two other similar incidents also came to light. with the election a month ago, trudeau apologized, asked canadians for forgiveness. >> i take responsibility for my decision to do that. i shouldn't have done it i should have known better it was something that i didn't think was racist at the time, now i recognize it was something racist to do, and i am deeply sorry. >> a new st

i do want to intercede for just a second that we have just sanctioned the iranian national bank. that is their central banking system. it is going to be at the highest level of sanctions, so that just took place, and a couple of other things. --have our treasury of this we had our treasure -- we have our treasury here, stephen mnuchin, if you want to say something. uchin: we are sanctioning the bank of iran, as well as the national wealth fund. that will mean no more funds going to fund terror, and this is on top of our financial institution sanctions. thank you, mr. president. [indiscernible] mnuchin: this is very big. we've cut off all funds to iran. >> it goes to the top? pres. trump: right to the top. think you very much. appreciate it. so we are dealing with many nations. we are dealing with some of the neighbors to saudi arabia, and of course, we are dealing with saudi arabia. saudi arabia is very much involved from the standpoint of what we are doing and what they are doing, and we are working together with others. we are also working on the cost of this whole endeavor, and

mr trump also announced sanctions on financial institutions, including iran's national bank which, heanisations. the president and first lady played host to a state banquet tonight — a celebration of 100 years of mateship, so it was said, between the united states and australia. scott morrison said the us had no more sure and steadfast friend than australia. next week at the united nations, mr trump will attempt to harness friends and allies in a diplomatic coalition against iran. david willis, bbc news, washington. 75 years ago, allied troops carried out the largest airborne operation of the second world war. this resulted in the battle of arnhem, in the netherlands which claimed the lives of more than 1,500 british soldiers —— which claimed the lives of more than 15,000 british soldiers and over 6000 were captured. today, the operation will be enacted by thousands of british and nato troops and will be observed by the prince of wales, and thousands of visitors. 0ur defence correspondent, jonathan beale is in arnhem. we had just witnessed one of those vetera ns we had just witnessed

. >> we have sanctioned the iranian national bank. that is their central banking system.he highestto be at level of sanctions. >> the president says he feels like he has a range of military options. the actions to date suggest they are looking for a diplomatic way out of this. >> the new york fed will -- a series of repurchase agreements amid signs of investor apprehension about funding levels. can we trust they have figured out the right level? >> today was an important today. not only are they going to continue going over the 75 billion they are doing daily, they are going to do some 14 day long repo. three overlapping allotments. a total of 90 billion at various points of new money coming into the market. quite a step up from where they have been until now. weiette: still ahead as review the week, conversations from a week long focus on climate change including thoughts from bill gates. plus blackstone's tony james ways and in the fed's repo operations. and an exclusive conversation with malaysia's prime minister and waiting. >> there is clear definite decisions being

has announced new sanctions on iran that now include the iranian national bank president trump says he preferred that strategy instead of a military one to stop terror on developing nuclear weapons. the largest climate change protest in history taking place around the world people from more than 150 countries are joining a strike led by young people and calling for an end to the use of fossil fuels it begins a week long worldwide campaign demanding greater action from political leaders. the thousands of algerians have returned to the streets for their 31st week in a row to demand an end to the current regime. ah ah. amnesty international says dozens of demonstrators have been arrested over the past 10 days they're edging the authorities to stop targeting demonstrators and end the clampdown on protests meanwhile the military chief guide sally called for the army to limit access to the capital. that speaks now to animal is a research fellow at the school for advanced studies in the social sciences and she's joining us from algiers via skype thank you for talking to us what would you say

he wanted to get rid of the cia, he wanted to nationalize banks. this is bernie. he's calmed down, he only wants 91%. but the scary thing is, between him and elizabeth warren, they take up 40% of the democratic vote in the primary and both are full on socialists. from 5 trillion a year to 18 trillion year end spending, bernie is just behind that. he's more like 12 million. it's not if, it's when. >> scary. i think we all need to stand up because this is not who we are as a country. capitalism, i get it, it may not be perfect and there are ways to help it along but you don't throw it all out and say will start over. guaranteed, if you go down that path, venezuela is not so far. the debate stage to call the senator a racist. watch. >> we know trump is a racist. we have a white supremacist in the white house and poses a mortal threat to people of color all across the country. >> used so hate and division among us. >> the madness doesn't end there. here why mayor pete is calling some racist. unbelievable story, why one college says grammar is a form of white language