prince mohammed has an enthusiastic friend in president trump. ounts, the prince sees himself as a younger version of donald trump, a businessman who runs a hugely wealthy country. he's somebody who cultivated the american trump administration very intensely and personally with visits there. the americans seem to like what he's proposing. for now, his biggest problem is the war he started in yemen. it's expensive. it's attracted strong accusations of war crimes and all his weaponry from britain and elsewhere isn't enough to win. his firstjob will be to stop the war. john simpson, bbc news. today's been the hottestjune day in the uk since 1976. the record was achieved at london's heathrow airport this afternoon, where the temperature reached 34.5 celsius. it's also the fifth consecutive day when temperatures across the uk have been above 30 degrees, making it the hottest prolonged spell injune since that summer of 1976 when britain suffered a drought. our correspondent, duncan kennedy, reports. the breathtaking beauty of the perfect summer solstice

prince mohammed has an enthusiastic friend in president trump.nger version of donald trump, a businessman who runs a hugely wealthy countries. he is someone who has cultivated the american trump administration intensely and personally with visits. the americans seem to like what he is proposing. for now his biggest problem is the war he started in yemen. it is expensive, it has attracted strong accusations of war crimes and all his weaponry from britain and elsewhere isn't enough to win. his firstjob will be to stop the war. in canada, the police have raided the home of a terror suspect who's believed to have stabbed an officer across the border in the united states. the attack took place at bishop international airport in flint, michigan on wednesday. an airport officer was stabbed in the neck with a 12—inch knife. he's said to be in a stable condition after undergoing surgery. a canadian man was overpowered and is now being questioned by police. he was cooperative and has talked to us about what his motivations were, and i think it's suffice to

very nice people is by weight and prince mohammed has an enthusiastic friend in president trump.r version of donald trump, a businessman who runs a hugely wealthy countries. he is someone who has cultivated the american trump administration intensely and personally with visits. the americans seem to like what he is proposing. for now his biggest problem is the war he started in yemen. it is expensive, it has attracted strong accusations of war crimes and all his weaponry from britain and elsewhere isn't enough to win. his firstjob will be to stop the war. you are watching newsday on the bbc. still to come on the programme:: after stalling badly can donald trump hold his political agenda? also coming up: the hug that misfires, senator marco rubio doesn't quite get to ivanka trump as planned. there was a bomb in the city centre. a code word known to be one used by the ira was given. army bomb experts were examining a suspect van when there was a huge explosion. the south african parliament has destroyed the foundation of apartheid by abolishing the population registration act, whic

and the country's king has turned it over the throne to his 31 year old son -- prince mohammed bin salman. the prince has ruled out dialogue with shiite rival neighboring qatar for its support of islamist groups, and who leads a devastating war in yemen that has killed thousands of civilians. prince abdulaziz bin saud, 33, was named the new interior minister tasked with counterterrorism efforts and domestic security. new developments in a case that shocked the nation. a black man - shot to death in his car by a police officer. the aftermath, streamed live on facebook. last week - officer jeronimo yanez was acquitted of all charges... prompting marches in the streets. now we are seeing new dash cam video showing what happened, after the officer pulled castile over, saying he looked like a burglary suspect. we want to warn you that this video is graphic and may be disturbing to some viewers. yanez was found not guilty of second-degree the police department fired him after the trial. a settlement this morning in the wrongful death lawsuit... by the family of michael brown. a ferguson, missou

prince mohammed also becomes deputy prime minister. he will oversee much of saudi arabia's energy strategy, which includes the highly anticipated saudi aramco ipo the crown prince is hoping his vision 2030, this is huge for the kingdom, will make the kingdom less reliant on oil exports. >>> earlier we spoke to someone who says oil needs to be priced at $90 per barrel for the saudis to blo to balance their books >> they suppressed oil prices, they have a u.s. resilient oil sector the crisis in yemen, also potentially increasingly the threat of growing socioeconomic pressure as saudi arabia starts to cut some of the wealthier spending, some of the expensive subsidies. the bottom line for saudi arabia is at the moment it needs an oil price of around $90 per barrel to balance books at the moment they're very, very far off that >> we are joined by the associate fellow from the middle east north africa program at chatham house. what the kingdom is trying to do and this 31-year-old architect w of the program was try doing is nothing short of

with you because you are now under the responsibility. >> sreenivasan: the announcement capped prince mohammed'seoric rise to power since his father assumed the throne in 2015. peter waldman, a writer for "bloomberg businessweek," profiled the young prince last year. >> he wants to bring entrepreneurship and initiative, and kind of a high-tech sensibility to saudi arabia. on social issues, he is relatively progressive, meaning that he clearly can see a point in time when women will be driving and can essentially travel and take jobs without their husband's or male guardian's permission. >> sreenivasan: he was already defense minister, and firmly opposes dialogue with shiite iran, fierce rival to the saudis and their sunni allies. prince mohammed has also overseen the saudi military campaign against yemen's shiite houthi rebels, in a proxy war with the iranians. >> his confrontation with iran across the persian gulf is a bit dangerous. he has said, and is willing to do military interventions in yemen, most notably, where lots of civilians have died in this ongoing war. people worry that he doesn'

decrees, declaring the crown prince is relieved of his position and appointing his royal highness prince mohammed defence minister. failures in care are one of the main causes of still—births and brain injuries in newborn babies in the uk, according to a report out today. the royal college of obstetricians and gynaecologists found the most common mistakes related to the monitoring of foetal heart rates during labour. it wants to cut the number of neo—natal errors by half by 2020. our social affairs correspondent, michael buchanan reports. can we have a smile? this is barnaby, a four—month—old, happy, bouncing baby. he should have an older brother, who would now be 18 months. but medical mistakes made at birth meant that alfie died within hours of being born. despite concerns about his health, staff failed to perform a caesarean section, leaving the newborn with fatal brain injuries. it's a life that didn't need to be taken, that's been taken. it was kind of a whole future, for everybody, for our family, for alfie, just taken in an instant. because medics who are paid to do a job didn't do it corr

prince mohamed promotion was announced this morning. it was not a huge surprise.number two position. in saudi arabia, politics is that the royal family and the young prince, on the left, did the polite thing and showed respect to his older cousin. now it is assumed mohamed, 31, will become king at some point. he is trying to liberate some point. he is trying to liberate some aspect of saudi life but critics say he is increasing the repression in the country. last year, he approved the execution of the leading shi'ite cleric which led to demonstrations in shi'ite dominated iran and great attention in the sunni muslim majority. as defence minister, he was often accused of rationalist. two years ago he launched the saudi war on the revels in yemen telling them it would be over quickly. it is still going on. that has deepened the rivalry with iran supports the rebels. the fears of an open confrontation are growing. he is behind the effort to isolate qatar for being too independent and being too close to iran. he's not in a position yet to go to war with iran. what he

prince mohammed bin salman has told the kurds in no uncertain terms that if he doesn't get what he wants which is for the turkish troops to be removed completely that he hinted he said he might look at options on arming the kurds themselves so you have an incendiary situation with the kurds in northern syria which has got so much more complicated in just in just the last few weeks with the cutter christ is emerging in america once again double it deliberate saying i'm not sure which foot to put its confident with to place itself in so it straddled both camps there is a lot of confusion just a week ago from the white house between trump and the pentagon over the qatar question so the kurds and arming of the kurds it keeps coming up time and time again and very worrying martin j. award winning journalist thanks for your insights today here on the syria question on our international. we've been hearing from eighty three year old woman who want to gender discrimination case against an airline all the details are coming up to you just after this short break. the future we go. every the world

this is when saudi arabians found out that their king had appointed his son as the new crown prince — mohammedears old. this is the man he replaced — mohammed bin nayef, who's 57. he's already sworn allegiance to the man who will now become king of saudi arabia instead of him. earlier i spoke to bbc arabic‘5 hanan razek and asked her whether this signifies a change in saudi politics. it is very different. he is the younge5t crown it is very different. he is the youngest crown prince it is very different. he is the younge5t crown prince that saudi arabia has seen, only 31, very young. he has an economic transformation plan. he is the mastermind behind the vision 2030 plan which he hopes will transform saudi arabia from relying heavily on oil into other adventures of investment. in terms of his view on i55ues investment. in terms of his view on issues of society, is saudi arabia about to get more liberal? last year, when we were covering the vi5ion year, when we were covering the vision 2030 plan, the launch of that, he was asked if women would be allowed to drive in saudi arabia at any time soo

saudi arabia's deputy crown prince mohammed bin salman al saud as are placed his cousin as the crown elp us make sense of this move, let's bring in tracy alloway in dubai, the managing editor for cross asset markets. tracy, how much of a surprise was this? if you look at the deputy crown prince until yesterday, he was in charge of vision 2030. he was someone going to bring saudi arabia into a new era. >> he was highly influential amongst the ruling leaders, and in the government. i think the surprising thing here has got to be the timing. everyone knew this 31-year-old deputy crown prince had envision. we saw him launches envision in various ways, spearheading the investing0, in technology stocks, according the younger segment of the saudi population, building up the base. a lot of people appreciated those efforts. the reverse side of that is a lot of people thought or think he is a little bit too aggressive and power-hungry, that he was moving things too fast. now they are waking up this morning and seeing all those rumors about him building up power are turning out, apparently, to b

iranian intelligence was carried out with the support of the saudi regime and i think the new crown prince mohammed bin should take care because saudi arabia is a country that is running out of money like there's no tomorrow it has lost the war in yemen it cannot even defeat doha coming in that after that so i think that's because there's a lot of isolation saylor abdellatif want to some of those states if the accusation of the dark humanitarian situation in yemen the military campaign there i mean after the campaign justified was iran wrong when he opposed the meet how do you respond to his comments. first of all regarding his talk about saudi arabia saudi arabia as not as a saluted and being. you know technically isolated by the whole world because a so technically they acted as an outlaw state when when they acted in for example in libya what does. doing in libya and being supported by iran and being a country or a government and a military force with an ability to force in lebanon and their interference and about how do you know which they still consider part of iran let's look at the second th

saudi arabia is deputy crown prince mohammed al solman with promoted to crown prince after the 31-year-old son, the next ruler of the kingdom. his constant has been relieved of his post. mohamed also becomes deputy prime minister and keeps his defense by the time he faces escalating tensions with qatar and iran and is engaged in air war in yemen. cheryl: overseas right now, security very tight in belgium train stations. on high alert after a man blew himself up in an explosive device after central station. batman has died. >> the suspect neutralized. there were no other guns. this is considered a terrorist attack. cheryl: security agent said he shouted all the while bar. central station. heavy presence this morning. europe's third attack in three days. belgium on high alert. on the subway station march of last year. lauren: we begin in asia. the shanghai composite. finally added after several attempts to the emerging market index. rather as for the hang seng hong kong done half of 1%. and the cost in south korea. >> even after the incident in belgium have a european stocks started to see a

melissa: shake-up hitting the house of saud, as mohammed bin salman is new prince of saudi arabia kingdominess savvy leader in the monarchy family. he will replace mohammed bin nayaf as next to the throne. walid phares joins us to weigh in on what impact this could have on saudi kingdom. i was there a number of years ago. i went there to do a series they were transitioning from oil economy. they had all that new industry for their population which is very young. i don't know how much progress they have made. with this move they say it's a step in that direction, how is it going? >> melissa, you're absolutely right. the new crown prince, deputy crown prince, is the author of vision 2030 we know about, which is supposed to shift economy from oil only to every other resource possible and more organizational infrastructure but the most important asset he is bringing i guess is the political development within the kingdom. we always had the criticisms against saudi arabia, wahhabi factor, salafi factor, looks like prince mohammed bin salman, shifting slowly the political landscape of the kingd

my take away is that there had been a trend under prince mohammed's direction to try and centralizedat he is trying to pull off in saudi arabia, particularly the reform program, is extremely ambitious for an economy this dependent on oil and this bureaucratic. so he needs the centralized power and this is a step towards that. the big question is, how do you use that power successfully? vonnie: before we answer that question for you, let's have a look at that chart in 292. it shows the correlation between that and crude. one is declining. bint is partially because of salman. >> it is partially a reflection of the fact that saudi stocks are getting inflated in global indexes. but make no mistake. movements to try to wean saudi arabia off oil, for the near future, oil really determines the economic future of the company. vonnie: we did a major interview with him last year and found out a lot about it. he is pretty open and deals with governments around the world, pretty likable by all accounts. the next portion of his plan for 2030 be? >> what he really needs to do is boost the proporti

prince mohammed is thought of a proponent of change and a western-leaning mindset.he change has been made. he was chose krn to meet with president trump back in march. >> talk about the significance of this because this doesn't necessarily happen a lot and what does this mean for relations with the united states? >> it answer as lot of questions that a lot of folks in the west were concerned about. the country has been ruled by the sons of the founder of that country. this is now the first time that an heir apparent is going to be one of the sons of those sons. so grandson of the founder, more or less. it answers the question of whether or not there's going to be instability. he's also a very pro-western individual, very anti-iran and leading the campaign in yes, ma'am -- yemen. >> the state department questioning the motives of the qatar boycott. they said, quote, were the actions really about their concerns about qatar's alleged support for terrorism or were they about the long-simmering grievances between and among the gulf countries? president trump accused qata

diplomat richard house as well as the crown prince sheikh mohammed bin ziad of the u.a.e. now interesting conversation here starting off by as i have basically telling the u.s. diplomat you need to rein in al jazeera first of all you need to take control of the media and we would suggest also that you did not have embedded journalist with your troops were during the afghanistan invasion just because the repercussions would be backlash from arab communities around the world when they see what's actually going on there on the ground see people getting killed wouldn't really sit too well with these people so that's what ziad was saying that it goes on and there's another interesting facet of it is the fact that they say that yeah it was actually kind of giggly about this when he was talking about a country conversation between the amir of qatar. he was trying to explain to his father and him were talking about this u.s. the the invasion in afghanistan and the whole the whole issue here in the amir was a little bit ticked off because i had had make these allegations about thes

through the middle east when he reversed decades of tradition and appointed his son, mohammed bin solomon as crown princethe former air to the throne, mohammed bin solomon pledging his loyalty to the future king. addressing his loyalty should be smooth. 31-year-old crown prince has some internal divisions among saudis ruling families and the conservative sunni arab nation done several controversial paths. bin salman, instigated the move to diplomatically isolate the oil-rich nation of qatar. he is also a hawk on iran. like president donald trump, he opposes dialogue with saudi arabia's shiite neighbor. >> somebody who has cultivated, the american's seem to like what he is proposing. >> president trump called to congratulate the crown prince and the white house said that the two leaders discussed the priority of cutting off all support for terrorists and extremists. saudi arabia has long had ties with extremists. 16 of the 19 hijackers on september 11th hailed from the conservative muslim nation. still, on the heels of president trump's visit to riyadh, saudi arabia, it's clear the white house has embrace

the king of saudi arabia appointed his son as the new crown prince. mohamed replaces the king's nephew as first in line to the thrown. mohamed already pledged his allegiance. the new crown prince has taken a tough line towards iran. he's ruled out any dialogue with tehran. >>> security forces in brussels are on alert after police stopped a suspect from carrying out a major terror attack. officials say the explosion at the city's central train station last night could have been much worse. the attacker set off a small blast. and gas canisters exploded twice but failed to fully detonate. the 36-year-old attacker shouted allahu akbar before officers shot and killed him. no one else was hurt. >>> newly released dashcam video shows the moment a police officer shot philando castile. what the footage reveals about the moments before this deadly shooting. >>> it is 7:19. >>> the trump administration may ban americans from visiting south korea. >> you're watching "cbs this morning." >>> this portion of "cbs this morning" sponsored by fast signs. more than fast. more t

details and how it could impact oil prices, jackie >> hi, good afternoon, kelly the deputy crowned prince, mohamed current king his father nbs as they like to call him is seen as a visionary in the kingdom. just 31 years old, he's replacing his 57-year-old cousin representing a generational change here. and he's been the driving force behind the saudi vision for 2030 part of that includes an economic perform program that's going to help diversify revenues away from oil. he's been seen as more modern, more in touch than his predecessors, he's willing to talk to the media. this is a big opportunity for nbs. he'll potentially be able to rule for decades and affect real change he's also close to the new savvy energy minister and they have been shaping saudi's opec strategy as well the timing for the changing of the guard is not a coincidence here tensions are high, plans for ipo need to be executed flawlessly and oil prices have sunk under 50 it's very important for the kingdom to get the world, to get the markets, to believe in it's leadership what does it mean for oil? well, short term, probably no

saudi arabia's king ousting his nephew, the sitting crown prince and pitting his son, mohammed bin salman next in line for the throne the new crown prince is 31 he maintains his position as defense minister and will oversee a vast economic portfolio. he was named deputy prime minister the form every crown prince was in charge of saudi arabia's security services. he's been relieved of all positions. saudi television showed footage suggesting an amicable change in succession with the former crown prince pledging allegiance to his younger cousin it may not be a coincidence all of this happened as crude oil prices slipped back into bear market territory saudis have been leading the cartel to make sure thain reiey reining in production. the prince has been in charge of a lot of things including vision 2030, the saudi plan for economic renewal and diversification to get them off the need for crude oil prices to support their economy. maybe not a huge coincidence this timing is coming now. it's fast. he's very young. 31 wti down another 12 cents today. 43.39. lead story in the "wall street journ

well a royal shake-up in saudi arabia as the king replacing the sitting crown prince with his own son. the saudi stripped mohamed bin knife wednesday and named deputy crown prince as first in line to the tlen. he was relieved of all positions including interior minister in addition to becoming the sawed saudi arabiaation next ruler salman picks up the role of deputy prime minister and will continue duties as defense minister. the former crown prince pledged allegiance to his replacement on wednesday. mohamed bin salman kiss ds the the hand of his predecessor in the show of respect and humanity. >> travis kalanick who helped found ride sharing giant uber has stepped down as ceo after a shareholder revolt. he will reportedly stay on the board of directors. kalanick took an indefinite leave of absence last week of a after oversees a disaster rouse series of pr nightmareses, including skaul harassment allegations within the company, viral video of kalanick berating a drier. >> the u.s. state of georgia has a woman in congress. but that's not what has most people talking about karen handel. the republicans rode to vi

shakeup within the royal family the saudi wing ousted the sitting crown prince, his nephew, and replaced him with his son, mohammeds puts bin salman next in line for the throne. salman the much younger 30-year-old crown prince who has been front and center for the economic reforms the saudi 30-year plan, as it were, wanting to diversify the economy. the stock index in saudi arabia up 4% on the news welcoming his elevation. >> as far as what it means for oil, we asked alima croft earlier. she said saudi will hang tight for now. not worried about these falling prices but maybe into next year you will see a renewed effort from saudi arabia this is according to croft, to get prices, as she termed it, on a better trajectory. we'll watch oil prices which continue to fall this morning. >>> big news on china breaking late yesterday msci a officially agreed to add chinese mainland stocks to the benchmark emerging market endisc, this afterendisindex. got to speak to the head of global indexing and asked what changed this time around >> a few things were different the stock connect program linking the hong kong market with s

prince mohammed is thought of as a reform-minded technocrat said to be a proponent of change and a western-leaninge white house back in march, a visit hailed as a success in saudi arabia. msnbc's aymon moldin joins us. >> he's 31-year-old and considered about be pro western, he wants to reform the country economically so you're going to be bringing in somebody who at least in the eyes of some bring a lot of stability to the kingdom for many years when he becomes the king. that's significant. there are critics who say he's hot-headed and led the country into war in yemen, taken an anti-hard iranian policy, no room for negotiations with that country and that could exacerbate tensions between the two powerhouses in the region. it will be interesting to see how his ascension plays out. >> what does it mean, aymon to be reform minded culturally. can he change the culture there as well? >> that's going to be the real test. he is going up an ult ultra conservative massive religious establishment. he wants to privatize the oil industry, wants to try to bring more women into the public space. you'll see hi

prince how could it affect the united states we'll take a look on this edition of. the politicking i mean holmes in for larry king this week saudi arabia's king solomon appointed his son mohamed bin solomon as crown prince replacing his nephew who had been first in line to the throne what does this mean for the middle east and also for us saudi relations let's get an assessment from joel rubin he served as deputy assistant secretary of state for legislative affairs in the obama administration and is president of washington strategy group a global government affairs advisory firm joel joins me from our nation's capital welcome to all thank you great to be with you amy so let me ask you about this apparently king leapfrogged over the crown prince and put his son in place in next in the line of succession is this something that we should consider just sort of a blip internal saudi politics or is this an earthquake that could lead to real tension and conflict in saudi arabia well it is a significant shift and its timing is fascinating because right now is engaged in a variety of conflicts in multiple fronts right now.

his son as crown prince. >> so i think when i saw the news yesterday, my first feeling was of surprise and my second feeling was of dread because my interaction with the idea of mohammed bin salman has been to the war in yemen. he was the deputy crown prince and the defense minister, so he was the official responsible for the ongoing military campaign in yemen. it is not just because he was the defense minister, but because when people talk about the war in yemen, they talk about mohammed bin salman and now he has been the driver of this war. amy: he is very young. he is 31. >> a kid, basically. when you talk about what is going on in yemen, you look at the actions of saudi arabia and its coalition, it is hard to see a plan or strategy but easy to see devastation. efm in, cholera, and repeated have famine, you color, and repeated war crimes. when you say you're going to give this person more power and reform,n him commit to but marred by numerous abuses and the new u.s. administration, donald trump, court this young prince and say in his first trip abroad that he is going to go and sell the saudi's $110 billion worth of arms, i think the question now becomes with this

the elevation of mohammed bin salman to crown prince, aged just 31, is being interpreted as a signalhis man and why should the world be taking notice of him? because saudi arabia is important, we need to take in notice of who is the future leader. someone that is young enough to lead for many years to come. he is someone that people in the region know quite well for the last two years after he was named deputy crown prince of saudi arabia, minister of defence, quite close to his father. he is also someone who is young and someone who has brought a dynamism to saudi, partly through the vision 2030. some people like to say it is just semantic. changing the economy, make people rely on work than oil income? absolutely. the interesting part, notjust talking about the economy, you can't just liberalise the economy and leave society behind which i think is an issue around the world because of the new think let's just get economic solutions and leave society. really tht impetus to try and change it. it comes at a time when the region is going through so many tumultuous events. you started b

prince how could affect the united states will take a look on this edition of. the politicking i mean homes in for larry king this week saudi arabia's king solomon appointed his son mohamed bin solomon as crown prince replacing his nephew who had been first in line to the throne what does this mean for the middle east and also for us saudi relations let's get an assessment from joel rubin he served as deputy assistant secretary of state for legislative affairs in the obama administration and is president of washington strategy group a global government affairs advisory firm droids.

prince how could it affect the united states we'll take a look on this edition. of the politicking i mean holmes in for larry king this week saudi arabia's king solomon appointed his son mohamed bin solomon as crown prince replacing his nephew who had been first in line to the throne what does this mean for the middle east and also for us saudi relations let's get an assessment from joel rubin he served as deputy assistant secretary of state for legislative affairs in the obama administration and is president of washington strategy group global government affairs advisory firm joy joel joins me from our nation's capital welcome joel thank you great to be with you amy. so let me ask you about this apparently they can leapfrog over the crown prince and put his son in place in the next in the line of succession is this something that we should consider just sort of a blip internal saudi politics or is this an earthquake that could lead to real tension and conflict in saudi arabia but it is a significant shift and its timing is fascinating because saudi arabia right now is engaged in a variety of conflicts in multiple fronts right now again as we know they're engaged in a war in

prince how could it affect the united states we'll take a look on this addition. to the politicking i mean holmes in for larry king this week saudi arabia's king solomon appointed his son mohamed bin solomon as crown prince replacing his nephew who who had been first in line to the throne what does this mean for the middle east and also for us saudi relations let's get an assessment from joel rubin he served as deputy assistant secretary of state for legislative affairs in the obama administration and is president of washington strategy group.

because we saw the elevation of mohammed bin salman to crown prince of the kingdom. entirely surprising. but it certainly does have huge ramifications for geo politics. what does it mean for how saudi arabia pursues its energy policy going forward, especially as opec is held together right now or it's holding the price of oil together right now with this pledge to keep production under wraps? tom: well, this is a confirmation that king salman wants his son to have as much power as possible. and as you say, it was not a big surprise. but it is important. and i think getting the prior crown prince to step aside and bin laden and mohammed bin salman to step into that role does mean that when this king passes, all other things being equal, the new king is going to be in his 30's. he will be younger than the new leader of france by half a decade. which is pretty noteworthy. julia: can i ask you a quick question about what the impact perhaps attention will be? what we've already seen from him is a more aggressive foreign policy front within the region. we are talking about

they have a 31-year-old crown prince is a break with past practice. to move aside mohammed, the counterterrorism czar, the figure of the establishment, this is really ground breaking a the question will be can he deliver on his big reform plans. >> the time iing is not a coincidence. h iran and qatar are high. plans for an aram ko ipo need to be executed flawlessly and oil prices have sunk under 50. it's very important for the k g kingdom to give the world anet. >> saudi arabia, i think is committed to piloting this o p peck cut through. now, the question is what sau saudi's time horizon. it's a 2018 event. so i think they have some deal prices as long as they can get prices on a better path in 2018. so, i think they can sit tight, let the cuts nigh oufly out. i don't think they're worried about the next couple of weeks. i think they're playing for 2018. >> that means planning now. a different s landscape in saudi arabia. and potentially for op. saudis have so much influence there. for "nightly business report," i'm jackie deangeles. >> it's not often that the founer of a c

amy: in saudi arabia, king salman has deposed his nephew as crown prince and has replaced him with his son, mohammed bin salman bin abdulaziz, who is now first in line for the thrown. mohammed bin salman currently serves as defense minister and has been presiding over the devastating us-backed saudi-led war in yemen. in response to the news, the huffington post's foreign affairs reporter akbar shahid ahmed tweeted -- "this is huge. man he is replacing was against qatar crusade + yemen war. saudi is doubling down on its most controversial actions." meanwhile, in yemen, health officials say multiple u.s.-backed saudi-led coalition airstrikes killed at least 25 civilians at a market in northern saada province sunday. graphic images that circulated on social media over the weekend show corpses lying amid rubble, and survivors surveying the damage to the market. more than 10,000 people have died amid the ongoing u.s.-backed saudi-led war in yemen, which has also destroyed yemen's health, water, and sanitation systems, sparking a deadly cholera outbreak. the u.s. state department expressed confusion tuesd

directly behind it, mainly the very powerful, very young deputy crown prince of saudi, and the de facto head of state of the uae, sheikh mohammedd. when the king of saudi died in 2015, and king salman took over the throne and named his son as deputy crown prince, the uae was basically one of the first people to reach out to them. they have formed a pretty close relationship, and they have economic and political interests that really align around combating extremism, mainly shiite extremism, as they see iran is the chief sponsor of, so that has been the tie that binds. let us also remember that these are two entirely oil-dependent economies. they also have economic interests aligned with each other, and that is particularly important, as we have seen oil prices limited over the past four years. carol: staying in politics, the u.s. treasury department has a lot on its plate. oliver: but the agency right now is running on a skeleton staff. carol: let's set the stage here, because treasury secretary steven mnuchin has an awful lot of things on his plate. remind us of all the things he has been tasked with doing. reporter: the white

the saudi king has named his son, mohammed bin salman, as the new crown prince, up and did what was the royal succession, mbs, as he was known, was the person who came here and met with president trump. he is also the forward leaning younger version of the royals. he is now in the position, if youd will, to be the next king f saudi arabia, and that is a big event for the saudis that i'm sure we will hear a lot about tomorrow. next up,t we focus on capitol hill. the way forward for the trump agenda and how tonight possibly affects that. ♪ it's our little differences, that can make a world of difference. expedia, everything in one place, so you can travel the world better. surfing is a sport that takes a lot out of you ♪ physically. from the moment i wake up on my tempur-pedic mattress i feel like i'm ready to take on the day. i don't have aches and pains from the previous day's training. and i feel like myself. i wake up feeling stronger, a better surfer a better me. ♪ find your exclusive retailer at tempur-pedic.com tech: when you schedule with safelite autoglass, you get time for more