. —— absolutely, car—t. —— absolutely sameer.startups. brazil has free, universal healthcare, but the system is very overcrowded. wealthy brazilians can afford private care, but 155 million people are left without cover. a group of entrepreneurs decided to create a cheaper alternative the imf says progress has been made to solve argentina's currency crisis after a meeting in washington. the south american country is seeking advanced payments of a $50 billion loan to use it against a run on its national currency, the peso. but neither side has commented on how much money might be released or how soon a deal should be reached. the former bank of england governor, lord king, has blasted brexit preparations as incompetent. the brexit supporter said it beggared belief that the world's sixth—biggest economy should be talking of stockpiling food and medicines. he said this left the government without a credible bargaining position. that's it for the business briefing this hour, but before we go, here are the markets. asi as i mentioned,

thank you sameer. let me reiterate his thanks to all of you for joining us here, including those of you that are on the live stream. as sameer said, this is really set up to be a discussion of trusts and maybe the lack of it in today's global nuclear order. i'm hannah haegeland, analyst here in the south asia program. and the here's that sameer mentioned is one that's been conceived by our cofounder michael capon who really try and think about where do we go from here as we situate ourselves in the current political climate and the state of today's global nuclear order, how can we move forward? so we brought together some impressive scholars who are thinking about new ideas. about the path forward. some of the old ways of dealing with nuclear weapons have continued reflgs i would say but others may not. -- relevance, i would say but others may not, we would argue that new ideas are merited. developments in situations between major powers and nuclear armed states and tense regions around the world rende

sameer hashmi in mumbai. the nikkei has been falling over worries over trade. was no need to keep canada in the north american free trade agreement, nafta. and also warned congress not to meddle with trade negotiations, 01’ to meddle with trade negotiations, or he says he will simply terminated altogether. that spooked investors in the us and also asia because it raises worries over the likelihood over whether there will be a deal with china orjapan and the us so lots of questions over trade. that is how it has opened across europe over the last hour and we have a close watch on turkish inflation, up another 2.5% month on month in august, much more than forecast, so over the year inflation soaring to just shy of 18%, real concern with prices rising so quickly, how can turkey keep that in check? the big question it can deliver. more that with sour. michael hewson, chief market analyst at cmc markets is with us. good morning. nice to see you. indeed. labour day in the us, no action on wall street but the news coming out of turkey, given the news we have had out o

david: sameer samana of wells fargo investment institute, thanks so much.i's restructuring the investment banking operation. that is next in wall street week. this is bloomberg. ♪ emma: this is "bloomberg daybreak." , arne duncan, former u.s. education secretary. this is bloomberg. businessur bloomberg flash. citigroup is to unveil a restructuring of its investment bank operations later today. it will combine its corporate and investment bank with its cap older markets origination business. has been chatting its power structure over the last week, including appointing a new cfo. the biggest oil service committee and nothing a slowdown in the biggest scop patch. in therton sees weakness pretty and new mexico. the company says it will knock as much as 10 cents a share off of her quarter earnings. schlumberger- expected to be lower than expected. bloomberg has learned a middle eastern buyout firm received a bid from a private equity firm for just one dollar. liquidators are getting offers from regional operations within the unit. the restructuring team is stri

israel has secret channel with osama bin laden from the point of view of israel this is not or allison sameer that i was not less evil then any of the one of the most wanted terrorist that the united states are seeking to kill now this and i think that if the americans would hear that israel would do something like this they would turn this as nothing less than a severe betrayal of trust but nevertheless the united states continue with their i am convinced that. we are on the road on the way to the right road that we really can draw closer to their golden age of peace prosperity and brotherhood i would say that the president ronald reagan plan from one thousand nine hundred eighty that was the first time when the us. truly acknowledged the rest of the p.c. people. this would would would not have been written and published without the influence of robert ames that was influenced by and because of some. when the israelis discovered this dialogue was going on they acted decisively to shut it down another dr aleo milla. if d.f.a. you can make known i surely enjoy it can one thing any genuine been

israel has secret channel with osama bin laden from the point of view of israel this is not alison sameer that i was not less evil then any of the one of the most wanted terrorist that the united states are seeking to kill now this and i think that if the americans would hear that israel would do something like this they would turn this as nothing less than a severe betrayal of trust but nevertheless the united states continue with their i am convinced that. we are on the road on the way to the right road that we really can draw closer to their golden age of peace prosperity and brotherhood i would say that the president ronald reagan plan from one thousand nine hundred eighty that was the first time when the us. truly acknowledged the rest of the p.c. people. this would mean would would not have been written and published without the influence of robert ames that was influenced by and it doesn't stop. when the israelis discovered this dialogue was going on they acted decisively to shut it down and of the doctor your mil. if d.f.a. you can make nationally and it can one thing any genuine

. >> sameer, there's a fed meeting next week. is priced in this year and next year and how much the equity market can swallow when it comes to higher rates? >> september is baked in and december seems to be a tossup. we think they'll probably do one more for no other ran that that's what the expectations of the start of the year were they'll go three times next year so four times in the next 12 months and as long as growth stays on this trajectory, we don't think that's enough to derail the equity markets. >> do you expect growth to stay on this trajectory there is a big debate about whether we've seen the peak when it comes to the deregulation and front loading of the policy from washington. >> we think growth will peak globally but we've not talking about a problem. global gdp was about 3.3% this year, 3.3% last year, u.s. growth high twos so whereas there was global synchronous growth last year but the u.s. will hold up because of tax cuts and deregulation but in 2020 is where there's a wile e. coyote moment where there's a fi