ramy: this is bloomberg. ♪ ♪ ramy: this is "bloomberg best." i'm ramy inocencio.ontinue our global tour of this week's top business stories. next, in the united states heartland and another chapter in a controversial saga with the keystone pipeline. julia: transcanada has cleared one of the last hurdles for building the keystone xl pipeline. shares of transcanada rising on the news and has given -- that nebraska has been given permission to build across the street. nebraska's public service commission approved an alternative route for the pipeline, throwing some degree of uncertainty into the mix. tina: the commission did not get exactly what they wanted. what the commission did get is a proven alternative to what the company had proposed, that there were three alternatives that they were looking at. and this is one of the ones that i want to continue with the project. is the alternative going to make a economic going forward. rachel: it is certainly a good first step or a good next step in our goal of getting more energy infrastructure to be able to ship our prod

ramy: i am ramy inocencio in new york.the biggest aircraft deals in history. they are nearing an agreement with indigo partners for 430 narrowbody jetliners. we have been tracking this. this is a lot of planes. wondering ifto be this is a deal that will be going through or not. lostunds like we have just her, we will try to get her back. in the meantime, a quick check of business flash headlines. yvonne: citigroup and ubs exposed to the assets of wealthy saudis, some of home under investigation for alleged corruption. jpmorgan in credit suisse high on the list, managing wealth for the kingdom's wealthiest individuals. is a clientrince's who has been obtained by the authorities. paying millions of dollars to settle a criminal investigation, into allegations it helped clients evade taxes. the second-biggest charge levied by french authorities. privatentered on hsbc's location in switzerland. ubs calling on central bankers to be more open to digital currency, saying they could replace traditional cash and be back by monetary

bridge on his i mean we've got the gist of of your theory let's go to rami who are you now in boston because we are moving away already women being away from the brass tacks of what's going on in beirut and rummy what's your assessment of the situation and what happens next there's this new prime minister does that mean the end of this coalition government well if it does they'll be they'll stay as a caretaker government but whether there is a government or isn't a government or is a president or isn't a president as lebanon has experienced in recent years ultimately doesn't make a huge amount of difference for the reality of political balance of power in the country we've just been through a period of the last year or so when we had a president we had a prime minister we had a functioning parliament the cabinet started making big decisions on parliament also on election laws gas agreements. elections coming up all kinds of taxation systems so these were major moves for the lebanese system which has been pretty dysfunctional for many many decades so that when the prime minister resig

grant some concessions to sell the arabia and its allies and run that's the way it's seen in tehran rami at let's look at this in the wider context now of the profound changes that are taking place in saudi arabia how does this fit in to what seems to be a completely new vision emanating from riyadh as to how saudi sees itself and how it projects itself in the region well i think there are several dimensions potentially to that when i started arabia today is like the kremlin in the one nine hundred sixty s. you don't really know what's going on inside the institutions or the families that make power but from what we can see my assessment is that there are several dimensions the first is that the saudis after really making big mistakes and cut syria and yemen where their policies have really been failures to a large extent they're looking for a win of some sort now a win doesn't necessarily have to be peaceful a win could be creating instability and chaos in lebanon and and forcing a new realities there but to make saudi arabia look tough and this is one of the things that the saudis have

the battlefield being being lebanon in particular beirut would have taken anything away from what rami just said there is no doubt that outside interference has always defined lebanese politics but there is so much of that one can argue i think that at the end of the day the responsibility really lies on the lebanese themselves the fact that lebanon has been a dysfunctional country is not so good to be a sport or iran's fault or anybody else's fault it is the lebanese fault the lebanese have failed to actually create a nation state what they have done is as we've just heard and i fully share with remi's analysis corruption and all kinds of agreements that have been made over the years by the establishment in order to perpetuate themselves in power but this is where this particular episode now has dramatically changed the situation the balance that existed in lebanon for the past year after the election of president down to the presidency which i remind you occurred with the cooperation and the support of prime minister how do you see this balance of power now has collapsed the biggest

ramy: president trump says major new sanctions will be imposed. those were coming after he spoke with chinese president xi jinping. trump did not specify whether the measures would come from washington or beijing. russia and china called for dialogue, not threats. the u.s. ambassador to the u.n. told the security council the world must do more. >> president trump called chinese president xi this come toand said we have the point that china must cut off the oil from north korea. that would be a pivotal step in the world effort to stop this international pariah. past, therecent overall situation on the peninsula was stable, which provided a window of opportunity for diplomatic efforts. this window failed to lead to a resumption of dialogue and negotiations. ramy: on capitol hill, senate republicans may add provisions to their version of the tax bill that could trigger up to $350 billion in automatic tax increases, starting in the year 2022. some senators have wanted the provision to prevent tax cuts from increasing the federal deficit. to gop bill i

ramy inocencio has what you need to know. ramy: amazing numbers.nutes in one second, they made $1 billion. i'm not making that, people can only dream on an individual basis. for the first hour, $1.6 billion. over the course of the day, over $25 billion. citibankion more than predicted. take a look at the chart behind me. this is revenue in the white line for alibaba, tencent is the blue line. you can see the day economy -- the deck height to me -- dichotomy. the spikes coincide for single'' day. one day, we see the revenue pop. in 2016, they came in at 30 billion yuen. looking at the forecast for the upcoming quarter, it looks maybe to be 80 billion. we will look ahead to see what happens for the upcoming holiday quarter. the future remains even brighter for alibaba, and that is because 2708. the population in china is still 43% rural. they are still untapped. alibaba said that 90% of the transactions from single state actually were made on mobile phones -- singles' day actually were made on mobile phones. there is a new, untapped market. look at t

this partysight into data, ramy inocencio with a chart you need to know. ramy: thank you.landing in the property sector for the economy as a whole. they do seem to be cheating that for now. the first chart, chart 786. looking at chinese home prices and how many actually rose or fell. for the month of october, it is not here yet, but that did rise to 50 out of 70. in september that was 44. you can see the downturn over the past four months, and looking over the past few years, this is at its -- it was at the lowest in september, but there is an uptick to 50 out of the past 70. in terms of other numbers, 14 cities softball in home prices, six unchanged. whether ller was a rise or fall, new prices rose about 5.5%. this is in contrast to the rise of the month before. this rise is not even across all cities. g #btv 498, looking at the colorblind here, the first tier cities are in white. you can see this is the steepest fall in terms of home prices. the shallowest is the perch line, and you would guess that , and youtier cities would be right. the policy beijing is pushing forth

rami where did it go what happens next and if that's what you're saying is well i think we can see in modern history especially in the last fifteen twenty years when the pressures build up too much on ordinary citizens they push back and so the systems that we have in the arab world and i'm talking about the arab world now iran turkey israel are different are building up pressure again with massive massive amounts of disparity and poverty and marginalisation and powerlessness it will manifest itself again as it did six seven years ago in the with you another arab spring well we'll have something we don't know what it is the difficulty is when you have the american government and the russian government and externally other powers like iran like turkey like some of the europeans actively supporting these regimes it's very hard to exchange them until the pressure gets so big that they implode from without and romney's warning about kind of another arab spring another revolt what's your concern in terms of in the more in the coming weeks and months about conflict in the region are you wor

we have to leave it there we're out of time for shereen rami thank you so much for joining me on the show that's our show up front only back next week. or is it allison when they're on line we were in hurricane the winds for almost like thirty six hours these are the things that has to address or if you join us on sat i'm a member of a complex one but with a relationship this is a dialogue tweet us with hostile stream and one of your pitches might make the next show join the global conversation at this time on al-jazeera. this is al-jazeera.

i'm ramy. it's continue the tour of this week's top business stories. another chapter in a controversial saga with the keystone pipeline. >> transcanada has cleared one of the last hurdles for building the keystone xl pipeline. shares of transcanada rising on the news and has given permission to build across the state. , anaska's public service alternative route for the pipeline put uncertainty into the mix. >> what the commissioned it is a proven alternative to what the company had proposed, that there were three alternatives that they were looking at. thathis is one of the ones i want to continue with the project. >> it is certainly a good first in our a good next step goal of getting more energy infrastructure to be able to moreour products efficiently, less expensively, and more safely. >> that will turn out to be an incredibly stupid decision, whereas we should be spending our time creating good paying jobs all across america. in every single rural and urban community to build the kind of sustainable infrastructure that will let our country be heal

>> this is ramy, show me your moves, ramy. >> wow, wow. >> go ramy, go ramy. >> he turned around. >>you think he got ram y. >> got a make over for home coming. >> i love it. >> he is so cute. >> i'm in love with the ram. >> horny. >>> let's talk eagles now, talking football now. thirty-seven-10 and, half time , dallas was leading nine- seven. >> that is right. >> we were all nervous. but the eagles turned it on in the second half. corry clement with the touchdown run. giving them the lead. look at that. and, then you can tell that the cowboys were feeling effects of no ezekiel elliott and banged up offensive line. dak prescott had three interceptions and a fumble. in the end philly beats dallas 37-nine. i'm glad we ended up winning this one because we had to do our whole spaghetti situation. >> well, it worked not saying the name of the teamy said it a couple times. >> i said it too but that worked. so now, on friday, we cannot say bears. >> we will do this, thinks a every week thing for everybody >> da bears, the key is don't say the name of the opponent on friday. so we will get a

ramy, thank you.y have to -- having to pay top dollar, pushing ahead with a record bond sale overshadowed by government scrutiny. our reporter has the story for us. just 300 -- 300 -- this bond price techt 8.875% there. what is the showing us? they continue the strain. >> the company is under a lot of pressure. there's $28 billion of debt coming in the next eight months. this new debt is $300 million. it's not much, and it's priced , which is the highest chinese company has paid on its short-term dollar debt. a toll on page and a jury the company doesn't have much room for error these days. really, stretching itself very thin here. >> this is the same story we see with companies getting more pressure here. >> there's some kind of demand here. we don't know if that is fixed for the deal. later on, the company might reveal who are the instors in the deal. as far as i'm reporting yesterday, investors were split into two groups. one group is saying -- i'm not going to touch it. .t's a high headline risk m

he's a senior fellow at the paris institute for public policy at the american university in beirut rami i think you know one thing that everyone agrees on is that when it comes to the situation in lebanon is that this is not an internal lebanese issue first of all why would sound eurabia want to lose its man why would they push me to quit the government. probably because he wasn't very effective and he didn't really achieve the goal that saudi arabia wanted him to achieve which is to somehow create a new governing coalition in lebanon that reduces hezbollah's relative power within the system that was a very difficult task and it couldn't be done also the saudis are reeling from failed policies around the region the war in yemen is a disaster there. siege of kut that hasn't worked very well and is making them and the mirage does look a little bit ridiculous internationally not a single world serious country has supported them and now in syria they have essentially lost their bid to support the opposition to overthrow assad and so they're looking desperately for some kind of a win and the

rami how big a deal in your view some of the domestic developments in saudi arabia over the last couple of weeks while i think there are enormous the real problem and saudi arabia right now is that i see having lived through and reported on the arab world for the last fifty years as a as a journalist in the region is that. and now is bringing in the third wave of arab autocratic authoritarian rule the first one was moussa in the fifty's the second one was gadhafi saddam hussein hafez lesson in the seventy's and eighty's and now this is the third of the thirst monarchy in the arab world that where the one person the conference brings into his hands all the levers of power military political economic religious social media and foreign policy this is very dangerous and the fact that he's inexperienced and young and rather reckless in his wars and in his regional events makes it even more dangerous so i think what he's doing is it's almost unprecedented and it's very dangerous and it's i think for the region is going to let me let me put that point to shareen romney saying what's happening

we are joined by ramy inocencio in new york. he has a look at the markets in asia. looking ahead to asia-pacific, we've got central-bank action for australia as well as new zealand. futures pointing up higher by about a half a percent in sydney. the rba is expected to keep its cash rate on hold that 1.5%. the reason for this is that inflation is still stubbornly below that 2%, 3% target, 1.8% for the third quarter. andployment is down 5.5% growth is expected to rise. let's take a look at new zealand futures. those are higher on the order of about a half favored -- a half a percent. the new zealand kiwi is higher. that is all right now. more of "bloomberg technology" coming up next. ♪ cory: i'm cory johnson in for emily chang. microsoft has long been a dominant saw where company but it's one great success in hardware is the xbox. there's a line outside the xbox oft store at -- the one x. there are also increasing developments. joining me is microsoft's head of gaming. this is a change for you guys. why the change? gaming is a huge business globally, growing double di

the bbc‘s rami ruhayem is there.sunday's earthquake. we're told seven people were inside this home when it collapsed. two of them were killed and others were injured. several other buildings suffered similar damage to this one, but, fortunately, they seem to be the exception rather than the rule, and most of the other homes in the region managed to withstand the impact of the earthquake. for the survivors, night—time is the toughest. in rapidly falling temperatures, families are huddled around fires. even where buildings are intact, fear of after—shocks will keep people outdoors. the foreign secretary has admitted for the first time that he made a mistake in his handling of the case of nazanin zaghari—ratcliffe, the british woman held in prison in iran. boris johnson apologised for the distress and suffering he had caused her and her family by wrongly saying that she was training journalists in iran as opposed to being on holiday. this report by our special correspondent lucy manning. they sing a mother singing with

i am ramy inocencio. this is bloomberg. haidi: thank you so much.e on the markets as we get the week underway. new zealand, a little bit of positivity in the early session, about a quarter of 1%. the kiwi dollar and aussie dollar decline after what was a flat session for the u.s. dollar index. in australia, shaping up like this, political turmoil as the dual citizenship debacle continues. malcolm turnbull now has a minority government. is a downside for the aussie dollar. also a bit week for china -- weak for china. money growth numbers are expected before wednesday. trading is getting ready to start here in asia. inflation is one of the hot ticket items we are all watching. does it move the needle going into the december meeting? >> it could do, but it probably won't do much good we had a on friday bond yields in the u.s.. i think what is important about the wednesday inflation number, and what is highlighted why the folks at morgan stanley, if we get a sizable miss to the cpi number, we could see a significant reprising of fed policy. specific to

ramy: in the u.s., the debate on tax reform heats up. >> the budget

let's get more insight with ramy.y hoping they will come out with something on thursday with regards to some kind of extension of those supply curves to definitely push that price up. g #btv 724. the yellow line is the production for opec and russia together. it's definitely off its record highs we saw in early 2017. in tandem as that has fallen. the price of wti has risen. just a little above $57 per barrel. the question of course is what happens from here. maybe about 24 hours to go. even knowt chart come there is optimism that there might be some breakthrough in terms of a nine-month extension, there are some bearers and we see that in g #btv 3122. ist you are looking at here the brent put skew. it is actually a measure in this case for bearishness on whether in opec agreement will come out. highest dot is at its ever since june 1 of this year. so we are seeing that people are definitely hedging their bets that maybe there might not the an agreement to their liking. finally, let's head over to this final bloomberg

in part to start with i think it started both with the public and private sector ramy start to the private sector first in the baking industry first. in things like. fees things like that sort of spread to other industries in other fields also to the private sector and for those for the for the publics for the private sector fees or are we to. to raise revenue and also to obscure the true price of a product but for the proposed became a way to sort of to close revenue gets this was a profit stream for the private sector in a revenue stream for the public ok i want to ask you quickly about telecom because according to the consumer federation of america eight hundred t. verizon and comcast are sixty billion dollars annually. which is just outrageous to think about when i first saw that number i couldn't believe it but i mean how do we let them get away with this why does this keep happening sure it keeps happening. i've actually written about the previously the telecom industry in ways. sort of consumers. have to in part because of lax oversight and my concern is actually down the road with

that will withdraw his resignation let's get more on this now we're joined by rami khouri senior fellow and professor at the american university of beirut and he's joining us live from new york always great to have you with us on al-jazeera society is back we have a very interesting few days ahead i think in lebanon if he goes through with that resignation what happens next politically. well the same thing that has happened in lebanon for the last twenty years or so which is that they'll be to mulch us political consultations deal making threats could joe ling compromises all kinds of political wrangling by many domestic parties as well as interested regional players particularly saudi arabia and iran but others are also interested too and this will go on for some months probably but as always happens they will ultimately reach an agreement and they will not resolve any of the really key underlying problems this is the lebanese way of addressing these issues because the the problem of hezbollah in particular is is irresolvable that cannot be resolved to the satisfaction of everybody so

if you would have been six around the region rami curry thank you very much indeed for your time u.s. president donald trump is calling several investigations into whether russia interfered in last year's presidential election and artificial democratic hit job made the comments in vietnam on route to the capital hanoi he told reporters he believed russian president vladimir putin's assertions that moscow had no part in any election meddling trump added that he questioned putin again on the subject when the informally chatted on the sidelines in the apec event in vietnam but those comments are in stark contrast to that of the u.s. central intelligence agency the cia director of holds a report that russia did run a campaign to influence the election outcome a spokesperson said the director stands by and has always stood by the january twenty seven hundred intelligence community assessment they went on to say the intelligence assessment with regard to russian election meddling has not changed ok bill schneider is a political analyst and a professor of public policy at george mason univer

rami ruhayem in iraq. lots more coming up here on 0utside source.nts around the world, stormy weather both sides of the atlantic with a deep area of low pressure moving into british columbia, washington and oregon, bringing further heavy rainfall, hills know, as well as strong, disruptive winds too. meanwhile, across central america, ongoing heavy rainfall, causing flash flooding in costa rica, panama, nicaragua, belize, and also through the caribbean, jamaica, cuba and the bahamas too. now the other side of the atlantic, where we also have heavy rain and hill snow pushing southwards, a lot of cloud associated with a really slow moving area of low pressure, here it is, lasting through tuesday into wednesday, bringing further heavy rain across parts of italy and particularly in across the balkans too with snow for the alps, the dolomites, and strong winds also a hazard too. the north—east coast of spain and southern france, strong northerly mistral winds gusting around 100 km/h, or even a bit more. heavy downpours of rain and thunderstorms through sa

much for that i'm afraid that for all the time we have it we thank you as always for your analysis rami curry joining us live from boston thank you. but let's move on to other news now thirteen people have been killed and thirty eight ended in a suicide attack southeast of the iraqi capital baghdad that happened the a market in the in the hard won a area i feel has claimed responsibility and non-con has more from baghdad well police offices and telling us that all after the explosion took place a small improvised explosive device that a number of gunmen at least full they say fired from the roof tops of buildings adjacent to the market and that's where we saw a lot of those tests a place now we are hearing that i still have claimed responsibility for this is attacked now this will shock a number of people in baghdad i guess is going through a relative he read of car in the last major suicide attack like this that we saw a bombing that we saw was actually in may now that happiness you very small incidents outside of baghdad in the south with nothing in the south of baghdad story but noth

the bbc‘s rami ruhayem is there.y sunday's earthquake. we're told seven people were inside this home when it collapsed. two of them were killed and others were injured. several other buildings suffered similar damage to this one, but, fortunately, they seem to be the exception rather than the rule, and most of the other homes in the region managed to withstand the impact of the earthquake. for the survivors, night—time is the toughest. in rapidly falling temperatures, families are huddled around fires. even where buildings are intact, fear of after—shocks will keep people outdoors. james robbins, bbc news. roy moore — republican candidate for the senate in alabama — has now been told by some of the most senior figures in his party that he should step aside, in the wake of sexual misconduct allegations. moore — who's been publicly backed by president trump's former senior aide steve bannon — says the claims are "fake news" and he won't quit the race. he's accused of initiating sexual contact with a 14—year—old when he

global bloomberg's headquarters, i am ramy inocencio in new york. p.m.after 7:00 tuesday evening. more pressure on the government and boj.

our correspondent rami ruhayem reports from darbandikhan in iraq. in iraq by sunday's earthquake. we are told seven people were inside this home when it collapsed. two of them were killed, and others were injured. several other buildings suffered similar damage to this one. fortunately, they seem to be the exception rather than the rule. and most of the other homes in the region managed to withstand the impact of the earthquake. myanmar‘s military has tried to absolve itself of any wrongdoing against the country's muslim rohingya population. 600,000 rohingyas have fled to neighbouring bangladesh with many stories of abuse carried out by the army. but the military‘s own investigation concludes that no soldier has shot an innocent civilian or engaged in sexual violence. britain's chief brexit negotiator, david davis, has promised that parliament will get a binding vote on the terms of any settlement with the european union but not on brexit itself. he told parliament that if mps rejected the settlement, britain would leave with no deal. one pro—eu mp

more with ramy. the dax defied the negative news.pect off of the negative news is that the dax investors would pull out of the index but we saw it rise by half a percent. your first of my three bloomberg terminal charts. the blue is the dax. it has been outperforming its u.s. peers since the election. -- the footsie 100 in thate trending below line. analysts saying this is speaking to the strength of germany's economy. business confidence. take a look at this chart. the white line here is business confidence and it is now at a record high, 116.7. ins is being helped by this green. you can see it has continued pace since the middle of 2013. unemployment at a record low of 5.6%. i spoke with our own matt miller in berlin. we were chatting about why and he was saying that belgium, holland and spain had caretaker governments. investors in think this could be the case in germany. chart, we areis talking about the euro. ago, we saw its fall by about half a percent. and it isng, it rose down about half a percent. this is the only uncertaint

we have first word headlines with ramy now.ll discuss what is being called a substantive and effective code of conduct in the south china's he. a spokesman for philippine president said the two sides agreed to launch talks during the summit this week. it will work together to strengthen the fight against corruption and include cooperation on tourism and infrastructure. the bank of japan says they still expect to achieve target inflation through guidance. speaking in zurich, he says many issues still in -- affect inflation. says it is hard to change a countries deflationary mindset of the past 15 years. msci has announced its index stocks anding 66 deleting 56 others because it has yet to decide on multiple flat stock. china a index gets 25 editions. a total of 96 stocks have been deleted on that index. the trial has begun in a case that shook world soccer to its foundation. it led to a string of high-level . officials are accused in new york of accepting millions of dollars in bribes in exchange for broadcast and sponsorship ri

the bbc‘s rami ruhayem is there.iraq by sunday's earthquake. we're told seven people were inside this home when it collapsed. two of them were killed and others were injured. several other buildings suffered similar damage to this one, but, fortunately, they seem to be the exception rather than the rule, and most of the other homes in the region managed to withstand the impact of the earthquake. for the survivors, night—time is the toughest. in rapidly falling temperatures, families are huddled around fires. even where buildings are intact, fear of after—shocks will keep people outdoors. james robbins, bbc news. let's take a look at some of the other stories making the news: myanmar‘s military has tried to absolve itself of any wrongdoing against the country's muslim rohingya population. 600,000 rohingyas have fled to neighbouring bangladesh with many stories of abuse by the army. the military‘s own investigation concludes that no soldier has shot an innocent civilian, nor engaged in sexual violence. international cr

rami khouri is a senior public policy fellow at the american university of beirut he says the lebanese government is finding hezbollah difficult to control it made it clear that the main point was the extraterritorial activities of hezbollah outside of lebanon whether that's in syria or. yemen or other places around the region that has been as accused of doing things with the will it's not really clear every dimension of lebanese life is experiencing great vulnerability and it's finally reaching into the homes of ordinary people so it's of hezbollah's interest and. the president to to achieve an agreement internally to address internal issues especially the national debt the external issues can be dealt with later and there's nothing pressing right now that should cause hizbullah or anybody else in lebanon to want to actively engage outside the country this is not a country that has power all across the middle east but hezbollah does and this is the great dilemma for the lebanese they've never really addressed the issue of law as well as power and how to reconcile that with the lebanes

rami koori is a professor of journalism at the american university of beirut and senior fellow at harvard university he says that the saudi action has backfired. well and i think that saudi t.v. shows now is going to be probably the opposite of the truth in the eyes of most lebanese unfortunately the saudi media has like the a morality and a couple others have totally lost their credibility in the last three or four months and this isn't this is not going to be taken very seriously the super irony of what's going on is that twice now in a row the saudis with some of their colleagues in the gulf and egypt they've tried in qatar and now they've tried in lebanon to squeeze these countries thinking they're weak small vulnerable countries and that these countries would capitulate to their demands and exactly the opposite has happened the long term solution is there has to be a strong arab iranian dialogue and not just a dialogue but a serious. negotiation that hasn't happened yet but i think we need to start thinking in those big terms it's unlikely the us by itself can do it partly because yo

bbc correspondent rami ruhayem is there.ake. we are told seven people were inside this home when it collapsed. two of them were killed and others were injured. several other buildings suffered similar damage to this one, but, fortunately, they seem to be the exception rather than the rule, and most of the other homes in the region managed to withstand the impact of the earthquake. for the survivors, night—time is the toughest. in rapidly falling temperatures, families are huddled around fires. even where buildings are intact, fear of after—shocks will keep people outdoors. james robbins, bbc news. the foreign secretary has admitted for the first time that he made a mistake in his handling of the case of nazanin zaghari—ratcliffe — the british woman held in prison in iran. boris johnson apologised for the distress and suffering he had caused her and herfamily by wrongly saying that she was training journalists in iran, as opposed to being on holiday. he also confirmed that he would be meeting mrs zaghari—ratcliffe's husband t

members of our middle east and the interest of israel side of the bring in father moment is all but rami when i see this when you hear the kind of what when you hear sitting in lebanon perhaps when you hear the rain ian say the saudis are interfering and sponsoring terrorist groups abroad and the saudis are saying the iranians are sponsoring terrorism to meddle in the countries from a certain level on which as you said earlier has been interfered with by many other powers in the region how do people you know ordinary lebanese people and other people in the quote unquote arab street view these two regional powers both accusing each other of meddling in sovereign nations while the kind of look at it as political entertainment they read in the papers they watch on t.v. they know the reality they know that they're both lying through their teeth they all intervene in other countries the saudis for decades and decades have been promoting hardline. islamist doctrines all over the world the iranians have been all over the place doing whatever they can this is what countries do the iranians just

ramy: looking at u.s. trade, it was down about 1.5%.ht expect less chinese alumina might head to the u.s., increase the glut we are seeing in china, causing prices to fall. we will have to see what the market says to that. let's look at reaction to u.s. aluminum companies. alcoa and century aluminum. this is g #btv 2654. you can see when news of the probe hit headlines. the blue line is century aluminum. it is up by seven talk -- it is up by 7.2%, its biggest jump in three days. alcoa in white, up 3% at the close. both at their highest in two weeks. it is capitalizing on double-digit gains. the analyst recommendation, there are no sells for either of these companies. we will see how this continues trading. let's check out g #btv 2660. these are aluminum prices dropping from records. you can see those lasted in the early part of 2015. your today, premiums both in japan and the u.s. fall by 4% in the u.s. and 8% for japan. bloomberg intelligence saying these pressures we are seeing could stick around a while longer a cousin that glut that

ramy: you have a hint right now. we do have a new winner in this g #btv 5109 terminal.rple and it is facebook. it is coming in just over the course of the day, so we will see what happens in asia-pacific trading. tencent here in red could try to overtake the throne. $523 billion is the market cap for tencent. in u.s. trading we did push-ups a $531 billion for facebook. tencent at least through the course of yesterday's close was up 125%, year to date. $292 billion over the course of this year. we will see what happens when asia-pacific markets open. this is something we highlighted in the past few weeks. looking at revenue growth, it is up 61%, gangbusters over the past few years. you can see the share price reacting over the first part of 2017, up by 100.5%. net income even better, 69% year to date -- 69% higher, year on year. pros, but there are cons. g #btv 3783. tencent is pushing its valuation 50 timesle more than average earnings, an average of 30 over the past two years. looking at the analyst recommendations, the closing price is at 430 hong kong dollars. you ca

ramy inocencio has more insight and a chart. firsttake a look at my chart, 76.news, prices are stabilizing. they are at high not seen in the past three months or so. prices rising in 50 of the 70 cities tracked. levelould put us at this in september, that was 44. this has been on a current downtrend over the past 3-4 months. the last time you saw 44 was not since two years ago, november of 2015. we are seeing what some might say a surprise rebound in home sector. in terms of other data, 14 cities so home prices fall and six were unchanged. rosell, new home prices about 5.5 percent in october, relative to the 6.5% rise in september. 4898 the chart here. not all growth is created equal. -- white line, for steel first tier cities. the purple line is third tier cities. you can see the shallowest line there. first year mixed results. .02 percentminus month on month. we see this retrospectively with what home sales are doing. this is 8087. we were expecting this to fall, but we are also seeing this in contrast to the prices rising. it is something we have to see wheth

. >> reporter: john ramis kpix 5. >> here is a look at the forecast. >> that you you name the city. the views are fantastic and will be for the next couple days. we have kind of a quiet stretch of weather. we had active weather before thanksgiving and now it is quiet out there. we are not going to see much rainfall at least not until the weekend where we will see a chance of showers. the highs today were pleasant outside. 64 in concord. 63 for san jose and san rafael. san francisco is 59. we will talk about why it is going to get why it. the beach is the exception to the role. the entire coastline tomorrow not a high surf warning or high surf advisory but anytime we increase the risk of rip currents the weather service steps into let folks know. be careful if you are headed to the beach. it is going to be beautiful there but sunshine is about 62 to 64 degrees. be smart if you will get in the water. the first of many storms that will pass by to our north happened today. you likely did not notice because we have two ridges of high pressure center to the south. it is strong enough that

ramy is at the wall with the bloomberg chart that you need to know.s really is his first full-screen i want to show you. in yellow are the people who actually want to shop at stores for this black friday. one of the biggest shopping days of the year. it actually beats the people who plan to shop online. this is according to a retail survey. some 70% of respondents said they want to shop in physical spaces. is actually more interesting, the 47% say they want to shop online. this is falling year on year. 47% versus 55% last year. with that said, come to the left-hand side of the screen. i want to show you the first bloomberg terminal chart. g #btv 1928. what you are seeing in terms of this white line is mobile ofommerce has a percentage total retail e-commerce. we are looking up something at a high. 22.4% total. deloitte is saying that this is expected to grow in terms of double digits as we move ahead. , thee order of 18% to 21% reasons are, wage growth rising. consumer confidence also rising. employment is also rising. with that said, let's continue w

ramy: and in the u.s., the te

right across the street, al the juggler has arrived and the cheerleaders are here and i hear that ramy will join us too this morning. come on byberry kid, plan to hang out here with us, free doughnut and one dollar coffee let's get an eagles chant. >> e-a-g-l-e-s eagles. >> good day. >> well, lets talk about those eagles, leaving dallas, early this morning leaving cowboys in their dust. thirty-seven-nine. >> it was great. >> lauren's joining us live from bala cynwyd and i'm feeling good about this one are you feeling good? you watched some highlights. >> reporter: i know, i could not see the game, but i did see highlights and they looked good, first half, a little sketchy but we came upstairs. we are at fanatic 97.5. anthony poke his head out wearing a huge smile during his last break, he is stoke, eagles making their job easy and he gets little to no sleep he is in a good mood. last gets to texas after a weird first hall. anthony just said theme have the game should be second half they looked much better. up 23-nine. carson wentz connect was alshon jeffery with the touchdown. the chem