they are quite comparable in denmark and scandinavia, just a little bit lower in most cases.he equality is achieved by taxing the rich. social mobility is greater. if you look at the quintiles of population and i haven't looked at these for denmark, the fact of the matter is getting to the lowest quintile as to the highest in denmark coming from $20,000 a year to $65,000 a year. and the united states is $20,000 a year to $160,000 a year. it's a lot harder to get to $160,000 a year but more americans do that. if you want social mobility to go between quintiles, go to denmark, which are not going to get a lot of money out of that. >> and i had something to complicate the picture further about sweden and the other scandinavian countries. i sometimes meet bernie sanders supporters to say the united states should be more like sweden. let's pick sweden because that's where i come from. i tell them in that case you have to have more free trade than the united states. you have to have more deregulated market and more open product markets. you need to introduce school vouchers of peop

we are very happy with the mix of our business, which is the u.k., canada, and scandinavia. happy for that makes to move around as the u.k. return to profitability. anna: tell us more about the brexit and the impact that has. mentioned the attractive tailwind, but is that the whole story>? what do you see as the downsides of brexit for your industry, or a partnever that much of the story, passporting for example as part of the insurance sector? scott: again, we have said that brexit is a tailwind and that is because 2/3 of our earnings have come from abroad. i think because we do not actually have much of a business relying on passporting, therefore, it is not really a big deal for us. we have separate regulated entities. bringingrexit, whilst financial uncertainty, and that is definitely the headwind we face from an earnings perspective. anna: so, the grexit might not matter in terms of exporting your services from the u.k.? >> we have some passporting, but it is very minor. yousef: what additional information are you waiting for to make decisions regarding whether or not y

they are quite comparable in denmark and scandinavia, just a little bit lower in those cases the quality by taxing the rich, essentially. the other side is that everybody's going social mobility is greater. you look at the 2000 population, i haven't looked at these for art, the fact of the matter is that from getting to the lowest 10,002 highest percentile in denmark, you move from $20,000 a year to $65,000 per year. in the united states, it's a journey of $25,000 figure two $160,000 a year, is harder to get $160,000 a year more americans do that so the top, if you want social mobility to go between percentiles, look at denmark but you're not going to get a lot of money out of that. >> had something to complicate the picture even further about other scandinavian countries. i sometimes meet bernie sanders supporters who say the us should be more like sweden. let's pick sweden because that's where i come from. i tell them in that case, you have to have more free trade than the united states. you have to have a more deregulated market, more open product market. need to introduce school vouc

two new studies in scandinavia suggest people who bike regularly to work or just for fun are less likely to develop cardiovascular trouble. doctors found biking even just a week can provide protection. this story may give your the chills this morning. one man is recovering this morning after he was hurt in a motorcycle crash in tennessee. it's this video right here that may make you emotional. he thought he wouldn't make it, so he took this video on himself laying on the ground, unable to move, saying goodbye to his loved ones. he was with his friend, riding down the dragon, a popular spot for rs the two collided. they were thrown 100 feet down a ditch, his friend was killed. he tried calling he tried calling 9-1-1, but he had no signal. it wasn't until 30 hours later, two people heard his small cries for help. he suffered from 12 broken ribs, punctured lungs, exciting. the manatee viewing center in apollo beach opens today for the season! a lot of you have probably been here before.. the center in apollo beach opens for its 30th year. you can see where manatees gather to get away from c

you have it in scandinavia. they are extremely liberal so it is truly a very large movement. it gets to be the duty of the particular individual and this meant of course democracy --brett: what is the relationship today between the protestant church and the catholic church? >> by and large i think these are movements that have found themselves and i think the logical of questions -- the logical questions continue to be abated. brett: tonight authorities and morocco are promising monday to investigate the death of a fish seller who was crushed by a garbage truck. the gruesome death has triggered outrage across the country. >>'s life ended in a garbage truck and moroccans are outraged. it is been two days and they are taking to the streets. this amateur video shows the sequence of events. the fish have put into the truck to be destroyed when he and two other people leads into the truck to retrieve the fish said to be worth about 10,000 euros. the two other fishermen and eight but he cannot get out. these protesters believed the police are to blame. >> what happened to him could

but more interestingly if you look at scandinavia with domestically distributed in come, except for the bottom 20% it was almost identical. if you look at african-american mobility across all races and demographics. looking at the bottom 20% the portion that is african-american and day have the effects of civil motherhood. if you look at the income levels mobility looks similar to the rest. >> so to say there is the reason to see mobility? >> moving into the backs where what policies might do about the situation. the one this call the race between education and technology. on the aside the of the ledger so their conclusion we need to push forward with the years of schooling for the typical american. >> the cure book has some things to say about education greg. >> yes. the great book which is great by the way. it does not segregate from the of 1%. then you see the growth is in the 0.1%. if you look at the effects of the education to more broadly eliminate that as the books to be because that is the inequality we have seen. but then if you just get to the success could we find off-the-she

they want to go to less diverse places like scandinavia and canada?on't think they are so in to diversity. just my observation. that's tonight's twitter storm. up next, the refugees flooding to germany from the middle east may be proving donald trump right on at least one level. new report about what's going on in refugee camps there and it's ominous. don't miss it. missing ohio student from ohio now being held hostage in north korea. what is the obama administration doing to get him out? here is a hint, absolutely >>> well, donald trump took a lot of abuse object campaign trail this lastier for suggesting stricter screenings for immigrants and refugees coming to america from the middle east. the smug left denounced him as a bigot. but did he have a point? a new report from an aide worker on the scene in germany preaching pure hatred toward christians and hoping to bring islamic rule to that country. an anomaly. here now is terror expert dr. sebastian gorka. are we drawing too many conclusions from this story or is this a representative story, do you

>> it's biting cold across scandinavia. it's actually blustery and snowy. i want to show you video out of sweden. winter is in full force in sweden. it's home to some 250,000 people. a storm dumped heavy snowfall, 5 centimeters accumulated in an hour causing traffic disruptions. a snow and ice warning will remain in place in stockholm into thursday. now, there is a low pressure system which caused some heavy rainfall. this system is a slow moving system. so more snow and strong winds are expected for similar areas suchss the baltic states and germany. watch out for blustery conditions. across the west, there's another system moving into the british isles. there is a stalled low pressure system to the west of the iberian peninsula. some rain is going to be affecting the south of portugal. that includes lisbon. temperatures not too bad. 20 degrees for the high in madrid. 21 in lisbon. quite chilly across the north. stockholm could see a high of only 2 degrees with snow flakes expected. sunny weather should come back on thursday. but once again, snow will like

they want to go to less diverse places like scandinavia and canada?'t think they are so in to diversity. just my observation. that's tonight's twitter storm. up next, the refugees flooding to germany from the middle east may be proving donald trump right on at least one level. new report about what's going on in refugee camps there and it's ominous. don't miss it. missing ohio student from ohio now being held hostage in north korea. what is the obama administration doing to get him out? here is a hint, absolutely nothing. kimberly guilfoyle here ahead. what's going on here? i'm val, the orange money retirement squirrel from voya. we're putting away acorns. you know, to show the importance of saving for the future. so you're sort of like a spokes person? more of a spokes metaphor. get organized at voya.com. afoot and light-hearted i take to the open road. healthy, free, the world before me, the long brown path before me leading wherever i choose. the east and the west are mine. the north and the south are mine. all seems beautiful to me. (pop) campbell

doctors in scandinavia found help along with healthy lifestyle changes. >>> a study at the university of san diego said you can live longer by using social media. just occasionally throughout the day. the reasons because it keeps up personal interactions. >>> cici rodriguez is known for his humor and big heart. >>> they will come into play november 13 and 14 when he will be in clearwater for his charity classic. it is your chance to play golf with cici and help young students at the same time.'s desk time. >>> this is foundation. you have a golf tournament this month. tell us about it. >> charity classic. >> 37 years and it benefits children who are socially inactive or behind. 95 students at the cici rodriguez academy. they are really excited that cici comes and visits us and has a really nice part in the tournament as the host. out and supports us that the fund raiser for the support programs for the clearwater program.>> cici comes and you play golf with cici. you need more for a for some? >> yes. we always need more supporters. you can get your photo with cici and it is a two day

as tests were conducted, similar reports of high radiation came from all over scandinavia, but still,were reported. finally a surprise. radiation was coming from 750 miles away, at chernobyl, in the soviet union. a terse announcement picked up from radio moscow. >> the soviets report an accident at the chernobyl nuclear power plant in the ukraine. >> the instinctive reaction of the soviet bureaucracy was to deny anything had really happened, as a result of which people died not only, not only soviets not getting the truth about chernobyl, the top leaders weren't getting the truth. gorbachev discovered he was also in the dark as the soviet leader. >> soviet news casters deliberately played down the incident, reporting it after the latest five-year plan and crop report. eight or nine minutes into the news, an announcer said only two people had been killed in the incident, contradicting one news report that casualties numbered in the thousands. >> chernobyl wasn't a flash in the pan. every few weeks there would be something like chernobyl because of structural defects of the soviet syste

but becauyou vote because of ths >> yeah, it will be like scandinavia. >> it's cold over there.d? global warming has not hit finland. very kol. >> no, no it hasn't. but once again, this stuff is going to be jammed down your throat. and i'm telling you if she wins next tuesday and you wake up the next day, you don't want to be gang audited. when john podesta is the chief of staff -- >> he's not a fan of mine. i don't think he likes me at automobile. >> he may not take the job. he may want to get back to his male modeling career on the runways of milan. ♪ >> you're gloating, miller, about the election. you're actually gloating. >> for god's sake, bill. if you want to call it that. they're not doing themselves any good. upper case democrats are now being asked to be lower case democratic and they're not answering the call. >> i always thought it would be delish. i didn't know it would be this delish. every day i watched then unfold on the left, it's like ten times a day for me. it's beautiful. >> and if you don't think they would have gloated on their side, are you kidding me? >> o

an onion on the bottom, it's almost identical to scandinavian and blacks are very different from scandinaviaand if you look at african-american mobility, you find this mobility across all races and demographics, single motherhood, high school dropouts. when you look at the bottom 20% of the population or the u.s. population they track almost identically to the single motherhood and the effects. if you look at the other income levels, sa they look similar toe rest. so my point is i don't think there's an economic reason why we might see mobility slowing down at that rate. >> host: one of the books that influenced my thinking is the race pin education and technology. education is on the other side of the ledger so the conclusion is that we need to push forward on increasing the years of schooling and that is the main thing we need to do. your book has some skeptical things to say about education. why is that? >> guest: one thing i would say, great book by the way, it doesn't segregate the 1% of the .1% and when you do that you see that it's in the .1. at the highest slice if you look at the ef

officials say workers were building a cooling tower at a power plant when the scandinavia followi i -- scaffolding collapsed. >>> an oil refinery fire broke out yesterday. perm were told to stay inside. firefighter taken to the hospital with injuries is back home this morning. investigators will be looking for the cause of that fire. >>> back in our neck of the woods new this morning a driver is in the hospital after a crash in philadelphia's gray's ferry neighborhood. a car and a pickup trucked just after midnight. you can see the heavy damage to the car. police tell us the driver of that car is in critical condition. the driver of the pickup truck was not hurt. >>> 6:16 right now on this black friday and, of course, we know the roads, even lot of people have off from work. roads are busy because -- >> can compare it. it's 3:00 a.m. they are busier than normally are. >> first alert traffic reporter francesca ruscio has been tracking trults and what your seeing? >> starting to see more volume on the roads especially the schuylkill expressway. tornado watch east and westbound traffic.

. >> it will be like scandinavia. >> it's cold over there, miller. have you been to finland?bal warming has not hit finland, very cold. >> no, it hasn't. but once again, this stuff is going to be jammed down your throat. i'm telling you, if she wins next tuesday and you wake up the next day, just you don't want to be gang loaded. get your pod face on because she is a soulless ban she and she is coming for you. >> i was audited three times in bill clinton's presidency, three consecutive years i was audited and they didn't find anything. i didn't have to pay anything because my accountant swiftie is under strict orders pay it no matter what it is, pay it. >> swiftie? >> not at the trump school of depreciation here. i don't depreciate the tie. pay it but the fourth time. >> you can suffer an audited, billy, because you have sold 10,000 books since we started this interview today. >> look, i pay my fair share. i know bernie sanders doesn't believe it. but, bernie just bought a house on lake champlain and part of the reason he did was because of my tax money. all right? >> there y

but you also have to look at the examples of western europe and scandinavia and ask yourself what did they do wrong to wind up with the disasters they are living through through that we cannot repeat. are there any lessons or conversation with that. >> donald trump you will start seeing the adult conversation. there is the reality that exist. we saw it with the paris attackers where they slipped through, came into europe, using fake passports. so, there is that sense of the vetting process not being effective enough. we know, for example, representative mccaul came out and said -- they have being a knowledged the fact that, for example, militants can come through, slip through the refugee process into the nation. that's why the idea of donald trump pushing forward this temporary halt, let's take a step back. let's see what's the best way to control the migrant situation. those are the lessons that i think we need to take from europe and apply here in the united states. >> maybe there is an ideology that ties these together. i wonder why so few in the press are willing to say that? i d

>> the same things that drive happiness in scandinavia are the same things that drive happiness in the i think there are some things we could export. >> reporter: so what would you have to export? >> i think what i would do, would be to focus on the bottom half of the population, to increase the bottom by installing a welfare system inspired by the nordic countries. >> reporter: one uniquely- scandinavian social phenomenon that would be difficult to export is what's called the jantelov, an unwritten code of conformity that decries displays of ostentation or wealth, and people who try to rise above their allotted station in life. >> how does that sit with americans and the american dream? not so well. there's no simple template that could be imposed on america. it doesn't take much to make a happy dane. light a fire, light some candles, open a bottle of red wine, and you have got a happy dane. i think americans are a little more demanding when it comes to their happiness. it's enshrined, you know, in the constitution. they're entitled to it. but they have much bigger ideas of what const

cold air in places in scandinavia and europe. n places in scandinavia and europe. what is on the way for the answers in half an hour. -- what is on the way for europe? get all the answers in half an hour. this is the bbc news us election special, broadcasting in the uk and around the world. our headlines: long queues of voters across the united states point to a high turnout in this presidential election. latest polls are suggesting that hillary clinton maintains her narrow lead over her republican rival, helped by signs of a big swell of hispanic voters. i know how much responsibility goes with this and so many people are counting on the outcome of this election, what it means for our country, and i'll do the very best i can, if i'm fortunate enough to win today. donald trump casting his ballot in new york still believes he can pull off victory. he said voting so far looked good for him. today is our independence day. cheering today the american working class is going to strike back. also coming up, when politics and maths collide. we will explain the unique the u

so overnight this suburb goes from 100 percent proat the-- protestant catholic scandinavia to 20% jewish. charlie, if-- in israel had a baby it would be-- and overnight, you get this explosion there of sort of wonderful sort of scandinavian plur allistic ethic and all this jewish-- new-- and i tell the story of our suburb because i grew up in the same suburb roughly at the same time with the cohen brother, al franken, allen wiseman, we all grew up, taking grew up in the same basically area at the same time, we all arc lot of us went to the same hebrew school, the cohen brothers move qulee a serious man was about our hebrew school and we all went out into the world. we saw pluralism work, inclusion work but this was white judao christians wile we had to work at building a community, we did build a great community t was a lot easier. now come back in the pen ultimate chapter to my same suburb 40 years laterment gi back to my high school, now it it is 50% white protestant catholic, 10% hispanic, 10% jewish, and 30% some ali and african american. same high school. they serve meals now in the

strides in the united states, and we know a number of other advanced countries particularly into scandinavia, japan and elsewhere have done so, too. but how do we really embark on a soft energy paths in the emerging markets of the world? amory has shown us very well that forecasts can be dead wrong by order of magnitude but yet most of the forecasts still show that if we look out 20, 40, over 90% of the growth in primary energy demand is going to be in asia. and in asia we have literally hundreds of millions of people that don't even have a lightbulb. we have unfortunately many of those countries also very large low-cost to produce, not environmental expert now these coal. there is awash in corporate 10 million people are in employed in the movement, whatever, of coal in india. so my concern is when you have societies like this that do not have cost reflected tariffs, the markets are not going to probably get you where you want to go, we have massive power theft that despite billions of dollars by many, many different donor agencies around the world, i'm not significantly improved in the las

strides in the united states, and we know a number of other advanced countries, particularly in scandinavia, japan and elsewhere, have done so too. but how do we -- how do we really embark on the soften eney path. amory has shown us that forecasts can be dead wrong. but yet, most of the forecasts still show that if we look out in say 2040, that over 90% of the growth and primary energy demand will be in asia. in asia, we have literally hundreds of millions of people that don't even have a light bulb. we have unfortunately in many of those countries also very large low cost to produce not if you count the environmental coal. india is a wash in coal. ten million people are employed in the coal production movement, whatever, of coal in india. so my concern is when you have societies like this that do not have cost reflective tariffs, so markets won't get you where you want to go, when you have massive power theft that despite billions of dollars by many, many different donor agencies around the world have not significantly improved in the last 30 years, and you have, noy, billings and collecti

a huge fan of nato, that creates a large cause for concern in central and eastern europe and in scandinaviastions are existential and that creates concerns about the global security architecture that has defined the world since 1945. there he good. thank you so much. mujtaba rahman and dominic bunning. arguably, the interview of the week. martin feldstein will join us. to talk about -- trump, economics and the fed after chair janet yellen. stay with us, worldwide. this is bloomberg. ♪ morning, quiet markets yet persistent erosion of emerging-market currencies. trump economics and stimulus affect any and all. a transition team to the west. holding court in new jersey, will we see cabinet announcements on monday? and been there, done that. martin feldstein. good morning, this is "bloomberg surveillance." we are live from our headquarters in new york with francine lacqua in london. what was the new comments from teresa may? working: no plans about councils or german style boards, which, basically, some people interpreted in the past -- in germany they have trade unions or worker representative