still with us is seema shah. seema, translate the commodity weakness we have seen. confusion that we have seen as to how you put that money to work? seema: you really have to separate oil from the rest of the commodities space. for commodities, we have seen it has been moving in line with the trade story and the sense of how china and trade is going to be affected. we have seen that this morning with that stabilization in you u.n..- in stuff that we are hearing at the white house suggests these trade tensions only going to continue for the time being. on that basis, maybe commodities have a time of stabilization. when it comes to oil prices, a very different story. given by geopolitics. very little capacity left in the market so any geopolitical risks have got great potential to create significant volatility. alix: when you look at oil earnings, you have to look at two prongs. no doubt earnings are going to be good. if you're looking for value and cyclicality, that is going to be the energy sector. it is still exposed to president trump. he doesn't want full oil pri

. >> reporter: good morning, seema. you're right the president will be leaving the white house in just about two hours' time. he'll be winging his way here to brussels for a nato summit which begins tomorrow. he has a couple of events on his schedule he arrives at nighttime in brussels take a look at the opening gamut. this is the tweet from yesterday. this is what he's focused on the most defense spending you can see a small percentage are close to their 2% commitment the president wants those countries to step it up. the president tweeted the united states is paying for 90% the u.s. has a trade surplus of 151 million with trade barriers on the u.s capital n, capital o they give you the sense that nato as a political alliance is in something of a critical piece. the officials in europe feel that they need to have the confidence that the united states has their back. the shadow looming over all of this is that the president is on his way, after this he'll stop in london and then he goes to helsinki, finland, guys, where

. >>> i'm seema mody here's a quick check on markets ahead of the meeting futures right now pointing to a higher open. up by 50 the s&p 500 is up around 4 points >>> our big story this morning president trump is about to kick off the face-to-face meeting with russian president vladimir putin. let's go live to helsinki ahead of that meeting. what's at stake for the united states and what's at stake for russia >> good morning, contessa. enormous stakes for both sides as it meeting is about to begin in a couple of hours' time the events have started here the president this morning meeting with the president of finland for a breakfast session here the president of the united states talking about his meeting with nato calling it a great success last week even the president suggested that the nato leaders agreed to up their spending the nato leaders disputing that. the president coming off controversy there. this morning, the president has been tweeting and said our relationship with russia has never been worse thanks to many years of u.s. foolishness and stupidity. now the rigged witch hu

hello, philip. >> hey, seema, courtney. loving all the soccer talk north korean officials were a no show for a meeting with the u.s. at the dmz on thursday they were scheduled to discuss returning remains which kim jong-un agreed to last month the north has offered to reschedule that meeting for sunday >>> authorities in ohio dropped the charges against stormy daniels just hours after she was arrested for allegedly touching and fondling patrons during a performance at a columbus strip club in case you have forgotten, daniels made headlines after claiming she had an affair with donald trump in 2006 which the white house denies dani dani >>> frightening scene when a brand-new mall in mexico gives way. part of a luxury shopping center which opened four months ago comes tumbling down in a giant cloud of dust. amazingly, officials say, no one was hurt back to you. >> amazing wow, pretty incredible pictures and video there. >>> still to come here on "worldwide exchange. out of this world plan to get tourists into space. we'll tel

. >>> you're watching "worldwide exchange," i'm seema mody. >> i'm courtney ragan.n is off today. it is a busy morning to take care of. let's get over to landon dowdy with the top headlines. >> hey, court. here's what's leading cnbc.com president trump blasting germany at the nato summit in brussels calling out germany for its ties to russia. here's what he has to say. let's listen. >> if you look at it, germany is a captive of russia. they got rid of their coal plants and nuclear they're getting so much of the oil and gas from russia. i think it's something that nato has to look at i think it's very inappropriate. >> the president is about to meet with fellow nato members. we'll bring you any news headlines we get some deal breaking news, 24th century fox is increasing the bid for u.k. box officer sky >>> pfizer says it will postpone price increases after discussions with president trump. shares of pfizer are down slightly in early morning trading. back over to you. >> thank you more on the top story trade. the u.s. is set to impose tariffs on an additional $200 bi

back to you. >> seema modi. may not be familiar with some of these coins and questions, so we're getting none other than the crypto baller p.k. to brieak them down for us >> a couple of here that they're talking about exploring an remember there were issues that potentially people saw them ahead of time and that's why they're trying to get out ahead of it and say this is what we're looking at cardano, number one, that is something similar to an, theer yum, they have a live working network and they have a road map, so that's important and that's what the sec said was important. so it's not a security basic attention token. you use this in the browser and you can have the ag-free experience and use the basic attention token to pay for content on the web 0 x is one of the most interesting ones and that's the decentralized protocols and i believe coinbase launched a bulletin board exchange type of thing and that's why this one's on the list. >> stellar is similar. the crypto people will kill me because it's similar

. >>> we'll go to seema moody to see how europe is going to close.ey, seema >> hey the european markets are seesawing to close mostly lower in today's session as we are hours away with president trump's meeting with the eu commission he is expected to present president trump with two options in an effort to diffuse trade tensions the first would require all major trading tensions to elimina eliminate tariffs on u.s. cars and the trade deal will focus on industrial goods you can see the german dax at 1% we'll talk about the stocks on the move today german carmaker daimler is stepping up its autonomous driving partnership with china's badu they kicked off the collaboration in 2017 in an effort to eventually develop the automated driving platform shares down 2% for daimler let's also talk luxury shares are rising to a record high after reporting strong profits during the first half of the year they are easing fears on interest from china. currently the luxury's biggest market showing chinese shoppers showing strong demand of the major brands, including

from worcester, seema kotecha sent this report.he weekend. specialist teams spent hours collating evidence, after a three—year—old boy was doused in a corrosive substance while in his pushchair in home bargains. what i saw, it was pink in colour, the fluid, had quite a strong smell, no bleach or acid type smell but it was stringent, like a chemical, really. we met the paramedic who treated him. what was your reaction to a three—year—old being attacked like that? horrific, absolutely horrific. asi that? horrific, absolutely horrific. as i said before, we had no inkling for any reason to suspect it was an acid attack. we just thought maybe he had come into contact with some sort of chemical, but to find out afterwards that was the case, it is shocking. the attack happened in the store behind me. we have been told the child was with his mother, brother and sister. he was treated in the office at the back for what at first seemed to be some sort of allergic reaction. it wasn't until the police sifted through cctv footage that they asce

seema?are falling versus the analyst expectation of 63 cents. this is the operator of membership warehouse clubs in latin america and the caribbean. the company had 41 warehouse clubs in operation as of may 2018 that stock down 12.5%. >> seema, thank you very much for that >>> shares of netflix closing high today on news instream giant is releasing its first original series in india also that would give them better quality streaming and the ability to watch on four screens at the same time guys, good evening to you. karen, your take on both these stories particularly the new price ban. is that a good idea? >> it remains to be seen if that's a good idea in the concept fight, i don't know how to play they're both so crazy expensive. to me i kind of look at another way to play it, which is who owns content and who can you buy this not at a crazy point? so that gets me to cbs or a lines gate so i can sidetrack how do you get india to sign-up? >> i would also say this they have invested so much m

>>> i'm seema mody, it's 5:00 a.m. here is your five at 5:00. netflix shares getting slammed after the company's subscriber growth disappoints >>> prime day problems amazon suffering glitches at the start of its major sale day. >>> microsoft and walmart announcing a new partnership on cloud technology more on that >>> president trump returning from his overseas trip and now facing criticism for his comments about russian election meddling >>> and going, going, and gone national solutioner pri eersolu bryce harper winning the major league derby it's tuesday, july 17, 2018, "worldwide exchange" begins right now. >>> welcome to "worldwide exchange." i'm dominic chu. a quick check on the market. it's stable. the dow jones would open up by 5 points as these futures gains hold, if they do this morning. the s&p basically flat the nasdaq off by 57 much of that driven by what's going on with netflix. we'll have more on those broader markets in a moment. that's our top corporate story shares of netflix in freefall after subscriber growth fell short of for

. >>> seema mody is back at hq. >> i'm taking it over, seema has the day off. talk about european markets closing higher rallying after president trump negotiates a lot of green across the board. best day since april 5th german automakers are leading gains. volkswagon rallying more than 4% daimler rising by more than 2% a lot of green across the board for the automakers daimler is higher despite following u.s. rivals, warning earnings would be hit by tariffs on steel and aluminum. and maker of mercedes-benz predicting arise in costs a full year after sharp drop in profit this past quarter. the french oil giant raised production target over the second time this year, accelerating its emergence from years of cost cutting initiatives. those shares up a third of 1%. nestle had a 19% jump in profit. sales first half topped analyst forecasts and exceeded last year's numbers which were the weakest for the swiss vendor since the 1990s. nestle shares up by almost 2% for the european close back to you guys. >> thanks. >>> let's get to sue herrera for a news update. sue?

joining me now is seema shah from principal global investors.n't really expecting anything dramatic to emerge from this in terms of the escalating the trade between the us and its major partners. is there any cause for hope from the 620? partners. is there any cause for hope from the g20? i think it is important that they have come together and they are trying to speak with one voice. several small voices are never going to be as powerful. we have seen from the 620 is clear at knowledge on. the most positive thing from the weekend is about currency wars. we have had the treasury secretary saying the us is not involved in a currency war so we should not expect the us dollar to keep plummeting and there to be verbal interventions. that is important the overall global markets and currency markets. it is all very well for steve mnuchin to say that, but if the president keeps on with his comments about the federal reserve's policy and his dissatisfaction with the strength of the dollar, we have seen the effects of that. absolutely. there is only so m

seema? >> hey, melissa. the trade fight began in earnest in april when the trump administration's tariffs on steel and aluminum imports went into effect. and that prompted a number of key trading partners to retaliate. first, china, imposing tariffs on steel and fruit and mexico took aim at pork, cheese, steel, among other u.s. items european union targeting bourbon, orange juice and motor bikes, which led harley davidson to move some of its production out of the u.s canada responding, as it was the hardest hit by the steel tariffs, $12.6 billion on steel, whiskey, condiments among other items. some of the major items. overall there are hundreds of individual u.s. products being subject to these tariffs and this conflict is about to enter a new phase tomorrow as eunice was just pointing out the u.s. readying $32 billion in chinese imports as punishment for theft on intellectual property they could follow up with another $16 billion on u.s. tariffs. potential targets. >> seema, thank you very much. china expe

. >> courtney, seema, good thursday morning to you. stormy daniels has reportedly been arrested in columbus, ohio, that's according to a tweet. he said it happened while she was per forling the same act she's performed at strip clubs all around the nation. and the 12 young boys and their soccer coach are on the road to recovery we're now getting our first look at them since they were rescued from the flooded cave in thailand the boys lost weight during their 17 day ordeal but are generally in good condition. >> the u.s. navy will now allow servicewomen to wear ponytails reversing a policy that prevented women from letting their hair down. it was championed by many black female service members that called for a standard that said they had to chemically alter their hair to meet the guidelines or wear wigs. >> thank you so much still to come a trade war and the tech sector. what microsoft's president said about china that's get a lot of buzz this morning. >> but first a high stakes sit down president trump heads to the u.k. today for a on

seema, what do you make of the president's spin on the indictment? to focus on president obama and the dnc. is this effective, this kind of messaging? >> i think it is with his supporters. it short of goes along with what goes along previously. the question is how does he deal with this when he meets with vladimir putin monday. in the past, putin has assured him, no, no, i didn't meddle in the elections. and this is the latest bunch of proof that the russians did indeed meddle in our elections. how aggressively is he going to confront the russian president. >> how about jay rosenstein who said i briefed the president on the indictments earlier in the week. the president knew they were coming. what do you do in terms of interpreting the timing here? >> bob mueller seems to be running an incredibly thorough investigation. it's hard to know in his mind that he never leaks. certainly, the timing just days before president trump is meeting with vladimir putin. obviously, this is a subject that he said he's going to bring up with vladimir putin. and he has

"squawk alley" will be right back >>> let's get to seema mody. >> european markets falling from a sixk high as trade worries continue to linger officials from canada, eu, japan, mexico are reportedly set to meet in geneva this week to discuss their response to president trump's threat to impose tariffs on foreign auto imports, that according to reuters, german dax down heineken cutting its outlook for the full year after reporting earnings that missed analyst expectations heineken said its operating margin would drop by 20 basis points, compared with the previous forecast of 25 basis point increase the stock down 5%. look ahead to this week. italian prime minister meeting with president trump today at the white house. investors digesting a host of monetary policy statements from the u.s., japan, uk, brazil, and india. meantime, ahead of those statements, eurozone bond deals rising on the back of a strong italian bond auction and positive data from germany the highest level since june this year. back to you. >> thank you seema mody at headquarters. >>> let's get to sue herrera who has

chief washington correspondent kevin cirilli and seema mecca from the los angeles times. is this waiving this privilege of this tape good legal strategy, how important is this tape as a piece of evidence? >> well, aaron, it is tough to know how important it is as a piece of evidence until we can actually all le-- hear what is the tape and that will dictate whether this was sound legal strategy. i would suggest there are two reasons that if, in fact, the president's team of lawyers waived the privilege here. it was either because the contents of the tape itself, they may view as sort of usably spinable. like perhaps that the president doesn't say anything that is expressly incriminating. i know "the washington post" reported today indicated that on the tape mr. cohen seems to be talking much more than mr. trump and there is also an indication that the tapes sort of cuts off abruptly with one of the two speakers mid-sentence. so i would suspect that mr. giuliani may have listened to it or been privy to what was on that tape. decided it was a usably spinable so they didn't o

seema mody, in fremont, ohio. >>> founder of kkm financial welcome.'ve got trump, trade, oil, global politics. you've got all this stuff. to you, what is the one or two most important things for our viewers and their money this week >> well, sully it is a new week and a new quarter. a rough six months but this week we're focused on this trade tariff conversation. why we're so focused, even though it's only $34 billion we're talking about on friday, july 6th being imposed on chinese products the idea is it could morph the posturing and positioning. like we walk into an old country buffet, there's a lot of different ways to attack this. if you look at 2017 we were at trade deficit. 552 billion. by and large, 60% was china. this rhetoric we're talking about is happening this week, there's going to be more foyer woorks than the fourth of july. >> the biggest gain was the volatility, the vix, i'm not a van of it but people are buying and selling it like it's an instrument it's up 17%. if you don't know what's going to happen, is buying volatility the best

>> seema, thank you. >> seema modi? >> what do we have on axp?> it's the most difficult thing and these guys are executing the long provision and it has people a bit concerned and the company is executing across the board and i wouldn't run far from it i don't need to own it >> i wouldn't run from it at all and i own calls right now and i would consider buying more because i think this will absolutely be a race very quickly. >> i don't think the valuation is that unreasonable it 12s at 12.5, and 13 times forward earnings it's not crazy they probably have 10% eps growth rate and the fact that people are using more points, that's interesting and maybe the consumer is not as healthy as they think and i'm not sure that's yet stock is tradiwhy thg lower. i think the street was looking for more, but i'm with pete on this one >> the stock ran 6% at the end of this month and it's butding up against the prior all-time high and since the stronger q1, and i think above anywhere on 95 and it's a buy on valuation, and i think it makes a good value proposition

seema: you are doing very well -- dr. etzioni: you're doing very well. [applause] >> this question is existential for me. for a couple of reasons. the first is what i do on a daily basis which was already alluded to is tackling fair housing issues. so my job is to remedy the vestiges of racial segregation -- residential segregation in america which was something that was constructed, orchestrated, designed. we are more residentially segregated today than we were 100 years ago. and we are residentially segregated in many of our cities , many of the northern cities, most of them like chicago, detroit, milwaukee, etc.. we are segregated as a society many actresses and policies that were put into place that created separate and unequal societies. when i tell people that we are more segregated today than we were 100 years ago, people don't believe me. but, if you think about it, and go back and look at the history of america, and where african-american people lived, where white people lived, where native americans lived, etc., in terms of our proximity to one

i always remind seema that we drink more champagne than the french.lot of per second from italy. want to carry on doing that after brexit. isis out up to them to make sure that we get a trade deal that is to the benefit of the european union and the united kingdom. benefit of the european union and the united kingdomlj benefit of the european union and the united kingdom. i think you know that no deal situation would be catastrophic for our country to be honest. there is almost universal consensus. i think the only people missing that some of the harvard brexiteers in your party who are now clearly planning gorilla warfare. but there is a more serious point here which is the plan so far falls short of compressive customs union which we really need for stability and for planning and for reducing costs at the border, reducing time for goods to cross. but also it completely misses services right now and that is a big missing piece to make sure that we have got a brexit eyes go to work for our economy. we have to leave it there, guys. comeback as again so

seema kotecha, bbc news, worcester.id he was made the scapegoat for germany's performance in the world cup campaign in russia. 0zil, a world cup winner with germany in 2014, was severely criticsed by the german media after pictures appeared of him posing with turkish president recep tayyip erdogan in london. some even questioned his national loyalty. but in an angrily worded statement 0zil said he no longer wanted to wear the national shirt. the player added "i am german when we win, but i am an immigrant when we lose". joining us now from cologne is the deustsche welle journalist, felix tamsut. really good to see you. let us look at the facts. while the racially abused after the exit from the world cup, and how has the german football federation handled it? the answer is absolutely. many parts of the right wing, far right politicians in germany have downright racially abuse mesut 0zil, we are talking about some members of the german equivalent of the labour party that he's racially gale racist terms towards mesut 0zil.

from worcester, seema kotecha sent this report. attack over the weekend. specialist teams spent hours collating evidence after a three—year—old boy was doused in a corrosive substance while in his pushchair in home bargains. the fluid that i saw was pink in colour. it had quite a strong smell. no bleach or acidy—type smell, but it was an astringent kind of smell. just smelt like a chemical really. we met the paramedic who treated him. what is your reaction to a three—year—old actually being attacked by this? it's horrific, absolutely horrific, i mean we, as i said before, we had no inkling or any reason to suspect that it was an acid attack, we just thought that he had come into contact with some sort of chemical, but to find out afterwards that that was the case, it's shocking. the attack happened in the store behind me. we have been told that the child was with his mother, brother and sister and was treated in the office at the back for what at first seemed to be some sort of allergic reaction. it wasn't until the police sifted t

from worcester, seema kotecha sent this report.re attack over the weekend. specialist teams spent hours collating evidence after a 3—year—old boy was doused in a corrosive substance while in his pushchair in home bargains. the fluid that i saw was pink in colour. it had quite a strong smell. no bleach or acidy—type smell, but it was an astringent kind of smell. just smelt like a chemical really. we met the paramedic who treated him. what is your reaction to a 3—year—old actually being attacked by this? it's horrific, absolutely horrific. i mean we, as i said before, we had no inkling or any reason to suspect that it was an acid attack, we just thought that he had come into contact with some sort of chemical, but to find out afterwards that that was the case, it's shocking. the attack happened in the store behind me. we have been told that the child was with his mother, brother and sister and was treated in the office at the back for what at first seemed to be some sort of allergic reaction. it wasn't until the police sifted through

seema mody is monitoring. see you in a bit.stephanie link is here and carey firestone joins us. leading the dow was united health while mcdonald's was the biggest laggard. s&p granger a big winner, double digit. and clorox lagging that index. we usually talk about technology. for a change that was not the leader. it was financials and industrials. >> tech takes a breather. i wouldn't want to predict this is the rule for the summer. if you lived through last year this kind of low drama, drift higher, some groups not participating. but today industrials and really transports was kind of seizing on the good earnings. and it was just enough to tack on a quarter of a percent. that felt like 2017. the vix goes below 12. does that mean the coast is clear or are we emptying the tank and waiting for the next catalyst in. >> banks rallying because of better earnings that could continue for the rest of the year. >> it was both really. i think powell's comments helped the banks. expectations got so overdone on the negative side. remember,

. >>> let's get to seema mody. >> european stocks coming off a one month high basic resources sectorluding minors are in correction territory as metal prices continue to slide. also weak earnings reports, the latest advertising firm to disappoint with quarterly results. revenue fell in both north america and europe where it suspended business with publishers that couldn't prove they were kplienlt wicompliant new data law and sap under pressure, news overshadowing earnings beat and raised outlook due to strength in cloud business. down 3%. but unilever, sales were hurt by weak pricing and trucking strike in brazil. they expect a lift from stock prices up nearly 3% lastly, sky set to close lower after comcast dropped the bid for fox assets, deciding to focus on the offer for sky back to you. >> thank you very much. >>> when we return, tim westergren is with us, taking on streaming wars, with the dow down 81. "squawk alley" continues in a moment >>> i'm michelle car use oh cabrera. here's your cnbc update. president trump railing against the european union fine. he tweeted i told you so

josh lipton will cover alphabet, seema mody will bring us td ameritrade in the meantime, we have michael smed, and also biggest winners in the dow, jpmorgan the s&p, hasbro was the biggest winner halliburton the biggest loser. which shows us that these are earnings related stories >> they are. within the market, of course yield related stories as well. but i think the overall picture is that the market keeps finding a way for the top to keep spinning it was ten days ago that the s&p first got to 2800. barely buncheddged a few pointsm there. so there is a general flow of earnings, but it seem like we're waiting something. >> from a macro perspective? >> maybe a break one way or the other on yields or something like that. >> what gdp print would be enough for people to be surprised to the up side are we pricing in over 4.5% already? >> that is about the threshold where i would say that is genuinely a surprise because i think anything in the low 4s is around what people are looking for right now. but 4.5% and above and we'll pick that number apart. there will be a lot of oneoff things inclu

. >>> thank you, seema now we'll go to sue herrera also at headquarters with a news update sue?> good morning, john. good morning, everyone here's what is happening at this hour thai navy s.e.a.l.s release video of some of the boys from the caves. they could have zero visibility that lasted up to 30 minutes in some places the boys were put in harnesses and ziplined across rocky caverns. >>> israel launching a patriot missile at the unmanned aircraft that entered the territory from syria. the military is saying it will not tolerate air space i infiltrations that occurred. >>> and a mudslide has demolished homes on a hillside in northeast india killing at least eight children and one woman. that's according to a government official some of the victims were swept away by the floodwaters. >>> and first lady melania trump and other nato leaders' spouses line up for a photo op at the nato summit. mrs. trump is seen between the wife of belgium's prime minister and france's first lady. the husband of luck ex emburg's husband was also in the photo op >>> when we come back, the divide bet

. >>> i'm seema mody, it's 5:00 a.m. here is your five at 5:00.med after the company's subscriber growth disappoints >>> prime day problems amazon suffering glitches at the start of its major sale day. >>> microsoft and walmart announcing a new partnership on cloud technology more on that >>> president trump returning from his overseas trip and now facing criticism for his comments about russian election meddling >>> and going, going, and gone national solutioner pri eer

get to seema mody. >> european stocks closing higher ahead of a much anticipated meeting between trump. he was hopeful they could work something out on imports, but he doesn't plan to arrive in the u.s. with a specific trade offer. meantime, in the uk, british prime minister theresa may announcing she would leave the country in brexit negotiations does this shift the focus of the brexit department which will prepare for a possible no deal outcome with the european union. that announcement, in fact pushing the pound higher, extending gains against the dollar to a session high sticking with currency, the turkish lire is plunging after the turkish central bank decided to change, despite inflation rising to 15 year high and fears over the economy worsening following re-election of president erdogan. turkish etf down 30% since start of the year among the worst performing global markets. guys, back to you. >> thank you. >>> when we come back, battle for the cloud. google taking on microsoft and amazon as its cloud conference gets under way and they report big cloud growth and hiring. we take

. >>> i'm seema

. >>> let's get to seema mody. >> good morning.n markets closing lower as trade tension worries linger ahead of the european commission president's trip to the white house wednesday. all of the stocks, worst performing led by defines in chrysler and ferrari after sergio marchionne's sudden departure. shares of those two names down sharply, ferrari on track for the worst day since september of last year. ryanair fell more than 6%, reporting a 22% drop in pretax profit this past quarter the airline, the largest in europe by passenger numbers has been hit by a series of strikes since it agreed to recognize unions last december ryanair warning that average fares would be lower than expected in the key summer period, amid uncertainty over potential strikes going forward. it did say it was on course to hit annual profit targets. shares down 7.5%. >>> and finally, look at shares of wpp that stock trading higher on reports that tech giants alibaba and ten cent are in talks to buy out 20% of the ad buy out chinese business sky news says it

a good year for jack dorsey. >> thank you, seema mody i did want to check in, of course it's been quietfox front. remember that? disney and comcast fighting it out for fox, the current bid from disney, $38 cash and stock has, of course, they have a merger agreement in place. the question is, when will comcast come back? it's been quiet so far one thing, though, that seems certain regardless of whether comcast comes back and offers more than its $35 all-cash bid right now is you're going to see a large transaction take place for the sale of these regional sports networks. remember, disney in an effort to move along the aenti-trust reviw as fast as possible came in and didn't even make an argument saying, here, we're willing to sell all 23, and when the doj saw that, it appears they were happy to take it and enabled that deal to really be fastracked for that approval that was so surprising to be received only six months and 13 days after the deal, itself, was announced. but that was key portion of it we're going to have a large deal, though, down the road. not too long, perhaps, in terms

. >> seema malhotra. >> this morning, i spoke to afghan sikh community leaders in my constituency followinghe horrific terrorist attack in the afghan city of jalalabad on sunday, which was a deliberate attack with devastating consequences. the 19 killed included the trustees of the gurdwara and the only sikh candidate in the forthcoming elections, mr avtar singh khalsa. the gurdwara had been a safe haven for many persecuted families and they were on their way to visit the president. at the moment, the afghan sikhs in west london are meeting in prayer and remembrance for those killed, many of whom they knew. will the prime minister update the house on what she is doing to ensure the safety of minorities in afghanistan, including meeting the afghan diaspora to discuss their concerns? >> the honorable lady raises a very serious issue. the terrorist attack that she refers to was indeed appalling. as she said, too many victims lost their lives as a result of that attack that took place in afghanistan. it is important that we ensure that we are providing support, as we do through our contribution

racist, seema verma, is homophobic, they want dirty air, kill the kids. also, trump is horrible.day and the day before. they have overreached. we'll always be fair and balanced. we are not to destroy-trump-media. let not your heart be troubled. it's time. laura taking over. >> laura: you know what they need, hannity they need a "ism" song. racism, sexism -- >> sean: it's the same playbook. every single election is the same playbook. >> laura: the bushes use a lot of those same things, protectio protectionist, isolationist, so the s -- establishment is striking back. >> sean: give me one policy -- not a trick question. one thing that they are offering the american people to make the country better, safer, more prosperous. >> laura: the left is doing nothing. all they have is the resistance. you

racist, seema verma, is also, trump is horrible.irty air, kire horrible than yesterday and the day before. kids. also, trump is they have overreached.orrible. more horrible than yesterday and the day we'll always be fair and balanced.ore. ey have we are not the overreached. we'll alwlwlwlwlwlw destroy-trump-media.lways be fad let not your heart be troubled.c it's time.ed. we are not to ingraham taking over..destroy-t. let not your h >> laura: you know what they need, hannity, they need a "ism" song.. racism, sexism -- laura taking over. >> laura: you know what they need, hannity they need a >> sean: it's the same playbook. every single election is the same playbook. song. racism, sexism -- >> sean: it's the same >> laura: the bushes use a lot playbook. every single of those same things, election e same protectionist, isolationist, so. >> laura: the bushes use a lot the establishment is striking tn back. >> sean: give me one policy --eo the s -- not a trick question.stablishmes striking back. >> sean: give me one policy -- one thing

seema. >> here is the story is europe stocks rebounding after the trade war fears fuelled yesterday'ss getting a lift from political news out of germany, chancellor angela merkel hammered out an agreement with her allies on immigration, ending a dispute that threatened to break up her coalition government they reached a compromise with germany's interior ministry. he had threatened to resign unless borders -- border controls were tightened. german up nearly 1%. another factor in today's rally, european oil majors rising despite a reversal in the price of brand we're looking at bp, france's totality and spain's all in the gain up 1% a different store for glen core, the mining firm down sharply after receiving a subpoena from the u.s. justice department requesting documents related to compliance with money laundering laws the scrutiny centers around their operation in congo, venezuela. that's knocked down 8% pivot to the turk jury lira, sliding against the dollar after a report showing inflation in turkey hitting a 14-year high. this all puts pressure on the country's central bank to ra

from worcester, seema kotecha sent this report.ours collating evidence after a three—year—old boy was doused in equal rows of substance, while in his pushchair in the home bargains. we met the paramedic cook a. we had no inkling or any reason to suspect that it was an acid attack. we just thought that maybe he had come into contact with some sort of chemical, but to find out afterwards that that was the case, it is shocking. the attack happened in the store behind me. we have been told that the child was with his mother, brother and sister and was treated in the office at the back for what at first seemed to be some sort of allergic reaction. it was not until the police did through cctv footage that they ascertained that the attack was in fact a deliberate. three men were arrested this morning in london in connection to the attack. another man from wolverhampton was arrested yesterday. west mercia police have said the motive is still unclear. we are considering all of the options available to us and we are keeping an open mind, but

seema mody has a look at where these things stand give us more color on this >> yeah. it's important to know that it all started back in march when the u.s. administration unveiled it's steel and aluminum tariffs on imports from key trade partners that invited a strong response from mexico, the european union, canada and china let's break it down. let's look at the numbers. starting with china. it has already unveiled $3 billion worth of tariffs on u.s. goods like aluminum, steel, fruit and pork hundreds of individual u.s. products will be subject to these tariffs. these are some of the major targets. mexico responding with $3 billion in har rif tariffs on p, steel. and the eu slapping tariffs on bourbon, motor bikes this resulted in harley davidson announcing its moving some production to europe and canada responding with $12 billion worth of tariffs against the u.s. went into effect last sunday on steel, whiskey, and other things the next round of tariffs could spark a larger international response the trump administration will start imposing 25% duties on 818 items

it's ketchup seema was right all along.rump sending a tweet over the weekend that has oil watchers on high alert details next you always pay your insurance on time. tap one little bumper and up go your rates. what good is your insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty mutual insurance. ♪ liberty. liberty. liberty. liberty. ♪ well, it's a whole day's worth of love songs. 300 minutes of baby videos. or, it's a million chat messages. a gig goes a long way. that's why xfinity mobile lets you pay for data one gig at a time. and with millions of wifi hotspots included, you'll pay less for data. it's a new kind of network designed to save you money. click, call or visit a store today. >>> welcome back joining us now on what we can expect at the gas pump during the holiday season this week is patrick de

sara >> that's a big move seema mody thank you very much >>> increasing trade tensions being felt bypanies and all sorts like whirlpool which finished lower by 14% today after the company missed expectations this one was very weird because it was supposed to be helped by the appliance tariffs on its competition. >> but it was the steel impact, of course, they cited. sandy, overall what's your take on this? is this an example of a company that concerns you for the impact of tariffs or are you still pretty relaxed about it. >> well, you've got higher input cost, lower volumes. i think it was a tough quarter for those guys and tariffs not helping out at all i think that was a tough one, and i'd have a hard time buying that even on this dip. >> meantime hasbro finishing the day lower after saying it plans to move production from china in order to avoid increasing trade tensions that down 4.5% and harley david finishing higher up nearly 8% out of the company estimates that steel and aluminum tariffs could cost it $45 to $55 million this year >> hopefully their brand will be able to overco

we'll get to seema mody here good morning. >> good morning.ght trade, of course, still the big headline right now dow is down about 50 points now. some concerning comments from german chancellor angela merkel in the last hour she's warning that the brewing transatlantic trade war between the united states and the eu is now, quote, very serious of course, when it comes to china, the big topic once again on the currency front. the yaun weakening to the most in two years and then it erased most of the losses overnight on a report that a big chinese bank injected liquidity into the chinese market shanghai composite closing out by around 2% as u.s. china trade tensions escalate, president xi visiting south africa to cement china's role there in the united states another solid batch of earnings keeping the market on track to close higher for the week. microsoft beat by a nickel and gave strong third quarter guidance there's intuitive surgical honeywell raising the full year guidance and then stanley black & decker had another strong quarter saying i

.] >>> let's get over to seema modi, looking at the rebounds in emerging markets. >> emerging marketsbeen volatile to say the least in 2018 but in the month of july, we've seen some signs of stabilization the eem is higher on the month currently on pace to break is three-month losing streak. in investors see this as a sign that the worst may be over goldman sachs agrees with the notion saying valuation alone will not trigger a recovery instead driven by positive growth figures from asian economies. chinese stocks rebounded in the last two or three days after the central bank reassured investors that it would not devalue the chinese yuan the smart phone maker had a lackluster debut it is higher today by around 13%. that's seen as a positive as more chinese companies look to go public in the coming months now, let's go to the middle east because that has been one standout within emerging markets. getting an upgrade to emerging market status last month this is the i shares saudi arabia etf and as you can see up nearly 20% in 2018 transforming economically as the kingdom moves away from t

other stories that were in news were that president trump actually went and talked with seema verma and said don't approve this waiver because it's all unfolding at the time the senate was talking about repealing the aca, so maybe could this be a way to further sabotage the struggles that iowa was going through to begin with. i don't know, but what i do know is that iowa has had roughly double, if we're speaking in proportional terms, the cuts to outreach dollars that other states have experienced and more cuts announced this week. so we do seem to be getting picked on a little bit in that respect. but the upshot here is that iowa has a terribly segmented market, and mark talked about this a lot, about the subsidy cliff. so the iowa insurance division has actually put out some numbers on this. so i'll give you an example. a couple age 55 that lives in iowa city, where i currently reside, he's earning $64,798, so that puts him at 399% of poverty. because their premiums are capped, they pay $523 a month. if you bump that up, if they earn an additional $324, so that brings it to $65,122 a