francine lacqua is at the nordic business forum.o not miss her interview with the ceo and founder of zuckerberg media. that's coming up just after 9:30 a.m.. and later, francine will speak to finland's economic minister just after 9:45 a.m. u.k. time. let's get first word news. to force kurdish militants away from the region, turkey has launched a military incursion into syria. four years them and kara -- for ankara has fought and says it will not allow the kurdish proto-state on the border. when asked what president trump would do if turkey wiped out the kurds, he said he would quote wipeout turkey's economy. fed minutes showed that several officials push for a stronger signal on the path of easing. you will remember that in the september meeting, the fed reduced rates by 25 basis points. how describes that as an insurance cut. boris johnson and leo varadkar are said that set to hold last-ditch talks for a deal. only three weeks are left until the u.k. leaves the eu and the atmosphere has turned sour. the two sides blame the other.

even if you use the scandinavian or the nordic standards.ordic countries aren't as extreme as worn, for example, worn once a's start, essentially a tax, but the nordic company, and sweden had that's good but they got rid of it. so using socialism as a stander, warren is a socialist but she's a socialist and capitalist clothing. >> laura: there's also language she refers to about cheating. we have it. let's see. >> here the ones that want to cheat, they are the ones that want to say that their personal wealth, their power is more important than building in america. >> laura: what about that? >> look of the richest people in the country from steve jobs to jeff bezos and ask this question, did they get a single dollar that they didn't accept voluntarily from people who give it to them because they weren't getting better services, products they didn't have before and it needs wants being set of satisfy the prior coming to the markets. at the whole idea coming is cheating, it's going with some sort of embezzlement, it's complete nonsense. >> laur

oh, this was -- i've had some dumb ideas, but this is -- >> imperial wizard nordic order knights. >>ou. >> nice to meet you. >> would you like to come over have a seat? >> sure. absolutely. >> no, not really. but we might as well start with some small talk. >> well, this is kentucky, man. it's hot. >> yes, sir. >> a lot of salt of the earth of americans. >> yeah, yeah. >> and the ku klux klan. >> and the ku klux klan. now, is it -- i would imagine it's especially hot in these robes. >> oh, it's horrible. >> it's a sacrifice. the whole premise behind the mask is to show that we're equal. the mask makes us all equal in each other's eyes. >> so what do african-americans think about the klan? >> obviously, black people and the klan have had issues, to put it lightly. you know, me coming out here to talk to you guys is not something my mother dreamed of. >> no. >> so you know, obviously that's a thing. and i respect the fact you're letting me come out here and i also respect the fact you're letting me leave. >> i can tell you nordic order knights is a direct action group. if you come at u

the nats will be a fun team to play >> ships want to look at charts nordic american tankers and tk nordicas doubled tk, up 60% the reason, shipping costs that have soared almost beyond belief one month ago, a very large crude carrier charter was running at $28,000 a day that same ship today will cost more than $100,000 per day $28,000 to $100,000 per day in less than a month. ship owners are getting that as well oil companies need to get their oil out. they do not have any other options. two reasons for this massive jump the higher risk for ships and insurance talks. the bigger reason is the move put on costco. slapping heavy sanctions on cosco. meaning the cosco fleet is off limits to any oil buyer who doesn't want to anger the american government. the ships who continue to do business can demand the increase the broker tells me he does not see this changing anytime soon and shipping companies should have huge fourth quarters. watch nat and tk tankers because those day rates have gone out of the world. >> coming up, instagram is going dark don't panic. we'll explain. we are back after th

pills you have left because i knew she'd been prescribed hundred 20 nor does, that's a 7.5 milligram nordic own tablet and when, that's what she'd been described , that's four pills a day for 30 days read bad news is what that is. what you might need to come out of it, i was interested to knowhow much . the reading picks up when she answered me, she texted a little while after i asked writing i have 73 ofthe hundred 20 remaining . he used well under half of what she'd been prescribed. i should have been surprised but by this point i begun to see the data on overprescribing for surgery. practitioners in all different feel are examining their prescribing practices, pushing with the average prescription is and then attempting to find out how many pills patients and up taking. results like my moms are not uncommon. a particularly striking result was published in 2017 by researchers at the university of michigan. their study looked at a particular procedure, gallbladder removal and found the average prescription for this surgery was about 250 milligrams, measured in morphine equivalent for the s

nordics.ill see asian being a growth region. bangladesh is the strongest growth asset we have. thailand are returning to growth again after a couple of quarters struggling a little bit for various reasons. in a large portfolio, te some, there will still be businesses struggling, but others moving ahead. we still believe it is going to be valuable for the group. matt: everybody is preparing for slower global growth. if i look over the last five 71%, moreal return, than 10% a year in terms of your annual return, beating out the benchmark index. do you expect that time -- type of growth to go forward? jorgen: it would be rough on me to promise you anything. i don't want to give any estimates, but i think that our development over the last three or four years is based on our strategy of modernizing the group, of really buying back shares and honoring the shareholders. into nordic more and are exploring other ventures. i think it is the strategic elements that has been their rights. we are really i

bali comes a close 2nd it grows very well in the north europe and it's still a popular staple in the nordic kitchen take 145000000 liters of lukewarm water 135 grams of barley flour and a small pinch of feast and let them ferment overnight. next meets 250 grams of plain flour with 200 milliliters of buttermilk and let it rest for 30 minutes. while you're waiting mesh 70 grams of boiled potatoes along with another 50000000 liters of bottom up and don't be gentle that's what the rain years old i have maybe a tell you former president. is famous for the tough line she took against flooding near putin she was really likes to go against the grain but sometimes wants to be taken with a pinch of salt any joke that. if i will know i will be happy to see i can joke a little bit let's be serious and not just a pinch actually. 8 grounds is what you need right now. then add 115 grams of poly flour and 50 grams of barley malt. 7 grams of east. now at your bottom oat flour mixture and need everything well for about 14 minutes. let the dough rest until it doubles in size. split the dough into 9 pieces. ba

in the past riot was one of the few nutritious plants that thrived in the short nordic some. after 16 hours makes both toes in a bowl along with 230000000 liters of water 220 grams of rye flour 200 grams of whole wheat flour 15 grams of fresh 21 grams of sold and 20 grams of ball a mult will they form a single most. 45 minutes later split the dough into 4 pieces and shape each one into a circle. for the next step you need a shop class finland slaps more tax on i'll call than any other country in your. hands because the finns are little too fond of people. definitely not to try country i was speculating but the holes in the bread are designed to keep it's dry after cooking the loaves are suspended from the ceiling on wooden poles to air this finnish loath. to finland one was it's not just the late the bread that is full of rake holes the whole country and. there are some 188000 lakes in finland a legacy of the ice age and more than any other you country. just before you break them appears much smaller holds into your dough. finland is the most sparsely populated country in the

freely this is this land has been you know has been there for a long time and we have created the nordics there now the land helped us in creating beautiful embankment and houses we have built houses none has ever been an undated in addition we have hunder sub we have built cycle in shelters and there are people living we we keep it away from the general public but people are leaving and we have a reading many capitals and doing farming up there so those fear is useless maybe because some people who don't want them to some n.g.o.s don't like to go there only because only because communication is only by river you have to take a boat to go there not in the road or on the tunnel so what will you do to convince her hangar to go we've heard that now in cox's bazaar communications for example have been restricted some sim cards have been collected up and now we are planning to open up a river road in syria road from long to russian char to some of the land you know. they were stopped by the russian char so you think that will convince people to go if you open up this river of the envious peopl

oh no fees at university then why should there be fees when children go to school in the nordic education system is the stone that's most important that means that at the outset what matters is that no child is left behind the conservative cd used lead candidate mike moring is hoping for a change of government in interviews he's been adamant that he will not work with the left party or the far right. because it's not what we want through engines to know that the state needs a stable government and we will not be able to cope with experiments a minority government or even an acting government. it's unclear who moring wants to form this stable government with the business friendly f.t.p. is still fighting for entry into the state parliament the greens and social democrats want to work with the left party. meanwhile the far right a f t's leading candidate. is relying on a radical migration policy via we want to create a culture of saying farewell to illegal immigrants we want to make the engine as unattractive as possible for. a sunday around 1700000 voters in theory will decide what constel

so, first of all, sweden, these other nordic countries are not socialists. they're highly capitalist, the all have private property, they have good contract enforcement, tolerable degree of the rule of law, free trade, light regulation of businesses. they have problems, sweden has big welfare state and high taxes. this is true of the other nordic countries and these interventions in at the freeway market have consequences but don't equal social jimmism, so when we go to sweden the beer is great, the mace is beautiful, it's not socialist, bob is the co-author of economic freedom of the world index, and this is true of other nordic countries as well. so, we can have great barrier in fact that's the -- in front of a bellum beer bar it and cost as ton of money and we tranq some in south korea on the other side of the world ask they were cheaper than in sweden. and this big welfare state has dragged down sweden's growth they're not as wealthy relative to rest of the world as they used to be but they're prosperous because they're mostly capitalist. venezuela is de

this is true of other nordic countries as well.can have great barrier, in fact, standing in front of a belgian beer bar the belgian beers even though belgium is really close by cost a ton of money more than washington dc and we drank some in south korea on the other side of the world and they were cheaper there than they are in sweden. the build welfare state has dragged on sweden's growth and they are not wealthy relative to the rest of the world but still a prosperous place because they're mostly capitalist. venezuela is the other end of the spectrum. venezuela is dead lost in bob's economic freedom index. venezuela is important to remember, this is not a place that was always like that. the earliest year of the index in 1970 venezuela was among those 10 most economically free countries in the world. what we saw is a long period of decline and economic freedom in venezuela they were moving away from capitalism into worse and worse forms of interventionism. they snag dated, but back in 1971 there capitalist they were also wealthy

the biggest lender in the nordic region is pushing through a wholesale overhaul and slashing its dividendy. earnings saw a boost for demand for its cloud computing programs. roset in the first quarter to $10.7 billion with office productivity software results -- helping results come in above analyst forecasts. revenue from cloud services rose 59% in the latest period, though this was slower than the 64% gain in the previous quarter. employees dismissed claims it is developing an internal surveillance tool to monitor workers attempts to organize protests and discuss labor rights. employees said it discovered a new tool for the custom google chrome browser installed on all workers computers. google says the claims are and thecally false, tool is a pop-up reminder about how to use the calendar. i'm oanh ha and that is your bloomberg business flash. nejra: so much. french engineering software maker dassault systemes reported results this hour with revenue beating expectations after dassault systemes bought meta-data solutions, a trial technology company. they expect completion of the acquisit

but the stocks have nordic american doubled. >> sure. >> in 30 days. >> got ahead of its skis. >> you like the larger ones with a lot of fleet size and market cap. >> the largest crude tanker world in the world scorpio tankers. the largest product tanker fleet in the world now for better value play, we like two that have both crude and products tanker exposure international sea ways and diamond s. shipping. ticker dssi both are trading below net asset value, great balance sheets so you have a lot of ways to play it. dht holdings all these market caps are well above your $500 threshold. >> what's the market cap. >> you're starting to get more trading liquidity, lot more interest, i'm here on nbc, client interactions are rising people are starting to take notice. >> i feel like you forgive me i'm an old cynical get off my lawn, randy. i feel like this is one of those things that's like this one-month two-month crazy phenomena. >> fair. >> and then it's going to bhafr. what's the long-term prognosis here >> we have seen head fakes in the past i understand your skepticism >> volatility, s

nordic american tanker doubled. tk tanker up 50%. analysts think the stocks may have come too far too fast but there are some lesser still sees that they value in. hose include diamond s shipping, international seeways, euro nav a skorp owe tankers. the question is how long can it last anderill shi keep paying? everybody we have spoken with says that unless i the a major shift by the trump administration to ease up on iran it could be a long time. because the oil buyers and the product to market.o get their one broker i spoke with told me of a job he recently fixed between the arabian gulf and india at the eivalent of $385,000 per day. it was 25 to 28,000 per dayust a month ago. for "nightly business report," i'm brian sullivan. >>> american expresstr seesg results. that's where with he begin tonight's market focus. the credit card issuer topped speck achesriven by card holder spending more andnd payi more of their bal american express also reaffirmed its guidance but the cfo says the company is seeing quote, signgn of caution in com

it's an area jadick it's deep it's at nordic it gives you the present moment feeling so when when you're listening to techno you're fully in the present moment . it's music that strong fast and loud enough to push back cool feelings of fear like those last 2006 that put on the wall. when i was in beirut i didn't have time to think about these things because i was more on survival mode but then when you come to a place where you feel like comfortable and safe then these traumas start coming out through the music that i was making and i let it out and in a way i felt like when i made this it it's it was releasing this kind of trauma so it was healing me somehow. the label is called. the initial stand for in syria from which loosely translates us we've moved beyond caring and to reflect to choose. if i had like a specific experience where the emotions are so chaotic and i don't know how to deal with it there's a natural instinct and i grabbed the microphone and you know comets out. using his living film noir jobber and she's found freedom of expression in techno. it starts safe environment

republican colleagues have refused to sign on to this not only are as of battalion national action and nordic resistance movement directly connected to inspiring attacks in the homeland they direct purveyors of anti semitic ideologies that inspire attacks against jews the state department has yet to respond but their contemplation is understandable given they fought washington's battles in the past but these guys are not your every day soldiers. these neo nazis were supposed to be confined to the imagination of russian propagandists so why the sudden 180 well washington was only fine with them when they were all the way in far away ukraine and those guys have since come to the us remember this. nation was in shock such a large gathering of the extreme right a protester killed but there were other events lurking. background to that got barely any media coverage the organizers of these right wing riots actually flew to ukraine and were trained by the as of battalion on august 1st 2018 and instagram user tagged right brand clothings account in a post containing a photograph of rise above movemen

message of the spike that is very strong but i have the how and the mashad the nordic know how without good feel them up the maha with it and also to look up all those i'm in a gun yonder you'll know i'm an american. well look at the get out of the look now the one when bob unordered the model in sunny. it up the ball does well but that young man had some adjustment to tell them how the english i guess out than that the gun at them the general dislike of the ball that kind of that them and johnny would mostly follow i know you had you been a dick but if. i close in me yet then i thought of the film and one of john up from the last punt on a move that at that he went on. a nude woman in sunny and you'll sit in with the ball those who do walk out of this out of the dominant already done put it on him enough as one put it doesn't that on a. level of discomfort at this listen if you know i mean i'm pretty and i mean you have to see how some of the margin it does to be a color to begin and with that. one which has that bit of the felt out of why does it to me to have to pay yeah they do not

message of peace by that woman is very strong but i have the how and the mashad the nordic know how without good feel them up the maha with it and also to look up all those i'm in a gun jani you'll know i'm an american. well look at the get out of the look now the one when bob annoyed you the model in sunny. it up the ball does well but that young man had some adjustment to tell them how the english i guess out than that they got to put them in the jenin slightly of a ball that other that them and john would mostly fall i know on the edge of an object but if. i close and me it then i thought of the film and one of john up for the last part of the item of the ticket that he had with a van with. a nude woman in sunny and you'll sit in with. the who do walk out of this out of the down and redone put it i let me love as one put it does it that i know. i'm a different set than listen if you know i mean i'm pretty and i'm in the absence of the region and the to be a poet have been and with that. one which has been the felt odd why does it to me to have to pay yeah they do not. want. to use it has

and several eastern european and nordic and baltic countries they say will increase europe's reliance on russian gas. facebook says it has suspended 3 networks of russian accounts that try to interfere in the domestic politics of a number of african countries the accounts were tied to a russian businessman who's been accused of meddling in past u.s. elections campaigns targeted people in 8 nations including mozambique democratic republic of congo and libya almost 200 fake accounts were used to reach more than 1000000 followers. the united nations a special envoy to brindisi says that he's concerned the country is at risk of a new wave of atrocities as it approaches an election next year the brewing the government is still refusing to cooperate with the un high commission for human rights and refuses to acknowledge human rights abuses i can has more now from the un headquarters in new york. the council was addressed by the special envoy to burundi michel co-founder who said he remained concerned about the number of human rights violations within that country he said that the majority o

rita put this session on the nordic model on the world economic history conference.hat do i know about that? . see how the u.s. compares it -- compares to it. we spent bigger share of gdp than most people realize particularly because we spent privately. we have a lot of people falling through the cracks. the bottom 10%, there are problems with take up rates. at the bottom we are not doing well. it is like the poor safety net. hyannis to the live begins in 1996 -- i announced the other big games in 1996. i wanted to make comparisons to competitions. we had the trials inside the olympic -- united states and the olympics where you can see how we do internationally. that is my goal. sounds like a lot of stuff so i better talk fast. thomas and did a lot of work with me on these things. her picture is up there and she will roast me within an inch of my life tonight. she is very funny. i'm looking forward to this and hope i survive until tomorrow. here is situation. look at the public assistance. that is the blue line. the first number is too low. i will show you why. you c

they have over 20% consumption tax for the nordic states, the u.s. is 5% to 7%. you have the eitc in america. sweden before, sweden was up about 40%. now they are down to 30% or 20%. denmark falls quite a bit. finland is up, the u.s. sneaks up, getting near finland. and then public and social welfare spending because we spend 9.5% for health care for the elderly, the poor and veterans, then another 9.5% and everybody else spends. if we don't include that, we are not including half of our health care spending. it is worth including because you want to see what you are doing overall. we jump up into the middle. now we look like we are like everybody else but we do it differently. we spend it but privately and publicly. they are primarily sending it publicly. here is what it looks like with a bunch more states. the net public looks kind of low except for korea. korea over the last 20 years is making a jump up. net total we are pretty far above other countries across the world, which everyone things of being social democrats and doing things. here is one of the probl

his thesis was that nordics were responsible for human development. by the way, in the 1930's, adolf hitler wrote a fan letter to bookon grant, calling the "my bible." another writer, a popular writer who wrote for the "saturday evening post" and millions of americans got it once a week, he urged immigration laws, because he said, and this is an exact quote, "immigrants would result as a hybrid race of people, as thess and futile good for nothing mongrels of central america and southeastern europe." we use for a word animals, right, for dogs. and then there was henry ford, whose virulent anti-semitism was spread in the newspaper "the dearborn independent," beginning in 1920. by the way, henry ford is the only american named by hitler in "mein kampf." the result of what these people believed, and what other people believed, was very restrictive legislation for immigration in this country. dyspite the fact that the la with the lamp in new york harbor, you know the words, give me your tired, your poor, your huddled masses urging to be free. there was a t

they have over 20% consumption tax for the nordic states, the u.s. is 5% to 7%.ou have the eitc in america. sweden before, sweden was up about 40%. now they are down to 30% or 20%. denmark falls quite a bit. finland is up, the u.s. sneaks up, getting near finland. and then public and social welfare spending because we spend 9.5% for health care for the elderly, the poor and veterans, then another 9.5% and nobody else spends. -- that everybody else spends. if we don't include that, we are not including half of our health care spending. like that's worth including because you want to see what you are doing overall. so we jump up into the middle. else. look like everybody it is just we do it differently. we spent it, just privately and publicly, where they are primarily spending it publicly. here is what it looks like with a bunch more states. the net public looks kind of low relative to all these other people except for korea, but korea over the last 20 years is making a big jump upward. total, we arenet looking at a lot of these countries across the world where ev

at less out of the nordic region , industrial plus compressors, beating market expectations, signalingill continue to beat market expectations. not all industrials seem to be having a tough time right now. do hipmpany here, they joints and other medical equipment, the stock is down that,and the reason for the market is fearful that as the ceo departs we may see the turnaround plan coming under a bit of pressure. we will talk about that later on with our stock of the hour. >> not quite euphoria, but you are seeing a lot of confidence. the s&p holding above the 3000 level. we talk a lot about the s&p being up above a percentage point am hitting the record high, but that has been the narrative for several weeks. can we power through that? we are seeing stability. we are also seeing a little bit of strength here in the markets. 70% of the members are above those long-term averages. again, we are looking for a springboard. right now, very tied to what's happening overseas. if we can flip over the board, i want to give you a sense of what's been happening under the hood here. russell, really

the oil and gas sector is lifting the nordic markets. of the main markets, the ftse is up .6%.s in the mix. dax trading up, the cac 40 trading up around .5%. let me reinforce, volumes are quite light. i think the market will wait until we get a better handle on the tray narrative this week before committing in either direction. a quick break down in terms of the sector story. chemicals trading higher. the oil and gas story will bleed across into the chemical sector. oil and gas is up 1%. there is a defensive bias to the market which is worth bearing in mind. food and beverage doing well, health care doing well, some of the sectors are also coming higher. basic resources trading appointed percent. the bottom end of the market, nothing to speak about. in positiveors are territory. barely down less than .1%. individual stock stories. i am slightly scratching my head about why the airline sector is doing as well as it is. i may have missed an analyst upgrade. i've been asking around and nobody seems to know. ryanair up by 4.66%. ubisoft, numbers not turning out to be as rosy as ant