parades and fireworks shows coming from far and wide the teams have included orchestras from south america asia. thanks for watching the weekly i'll be back with more at the top the hour. her. life. her. her her. through her. through her. pranking gave americans a lot of job opportunities i needed to come up here to make some money i could make twenty five thousand dollars as a teacher or i could make fifty thousand dollars a year in trucks so i chose to drive truck people rushed to a small town in north dakota was an unemployment rate of zero percent it was like gold rush is very very similar to gold rush but this beautiful story ended with pollution and devastation a lot of people have left here i don't know too many people here in the mountains and the slow downs for much the last jobs that laid off the american dream is changing that's not what it used to be. it's a tough reality to deal with. previously on the great american pilgrimage we're about to pull up to mt rushmore the most significant money men in america isn't that just majestic i'm the side of what my spirit animal totally is ye

parades and fireworks shows coming from far and wide the teams have included orchestras from south america to asia. thanks for watching the weekly i'll be back at the top the hour. join me every thursday on the all excited i'm sure and i'll be speaking to guest of the world of politics sport this list i'm showbusiness i'll see you than. anyone else shows seem wrong why don't we all just don't call. me. yet to shape out these days comes to attitude and in detroit equals betrayal. when something find themselves worlds apart we choose to look for common ground. i. i mean i am i think i think. it will be yes you know. just i don't hide oh i lost his boss because you got that part of me just part of the media which was you know. let me put your money but the pressure on us to want to go to your grandmother when i mean what i thought i mean by doing that anyway oh . showing us you know what i was you know. not just i mean what almost what i'm already part of a sped up part of me just going to. make chicken just now at a loss coming up from all that if there's an italian on low. and in the up on what i t

the platform worldwide and south america europe and asia and it's the feedback from customers that will influence any further changes that v.w. makes for why the fight. in just a few weeks will get to see the t. cross undisguised b.w. is due to unveil it officially in october that crosses then set to go on sale in april twenty one thousand. new rift there is rove was proof that not every criminy or model rolled out these days i asked him again as you agree this was a multipurpose vehicle but american simply call it a minivan it's available with a one gasoline into diesel engines we started with a more powerful diesel version. will contest the amount of oil shave her is very impressed by how the larger diesel drives and it's noticeably quieter he's ridden in many vehicles pricier than this one that are louder inside this model has an eight speed automatic when he steps on the gas it down shares and takes up fight it it's all this may take a while but then this is more an off road event as peugeot describes the rift and so its response is quite alright so i don't let it all go. the one po

could we reach a set of agreements with europe and countries in south asia and south america? yes.re also talking about what would be off—limits in conflict. we cannot do it with bombs, a violation of international law, should we do that, you cannot use cyber weapons to destroy hospitals or to knock civilian airliners out of the sky? i think we might be able to reach some agreements on that. as long as you have reasonable expectations, there is an opportunity for progress. the received wisdom in washington right now is that the states with the most effective cyber security operations within their, sort of, national—security programmes are china, russia, north korea, iran. i don't see of those countries, even on the basis you have described, of coming up with a mutually agreeable form of words, i did see any of them countries being interested in beginning a dialogue. china i would put in a slightly different category, there are some things, for example the global financial system, where china has a vested interest to keep that functioning with integrity and availability, they might

latin america the pacific islands south asia and we are concerned by some of the tactics they hunt for chinese spies is in full swing too as if the land of the american dream has been rid of russia's agents and what seems to be a new fad in this china dominated collection military rivalry taiwan is a breakaway province from beijing's standpoint while from washington's it's a lucrative arms export opportunity no wonder the massive new us three hundred and thirty million dollar weapons to deal with taiwan fell flat with china washington is definitely afraid that china is in the passingly many economists are predicting that sooner rather than later china will have a larger economy than that of the united states of america that from washington's point of view presents an accident or crisis for the united states of america likewise you see there are states trying to recruit other nations into its anti china cobol particularly japan india this is a very combustible situation so it appears like russia is indeed stepping aside this fall winter season replaced by china in pretty much every dime

george: we like indonesia, southeast asia and south america except argentina.een: all right, thank you very much. bloomberg users can interact with the charts shown using gtv , browse recent charts featured on bloomberg television to catch up on key analysis and save charts for future reference. this is bloomberg. ♪ s is bloomberg. ♪ i am heidi stroud walked in sydney. kathleen: i am kathleen hays. let's get a look at the business flash headlines. humor can express -- american express slumped after reports the fbi is investigating practices. the wall street journal said the inquiry began last month, looking at if customers were misled as amex tried to handle international payments. the fbi confirmed -- did not confirm or deny this. to winrework has failed space. talks stumbled when the organization received better offers from media and tech companies in the space they wanted. sources say that took the environment -- took them by surprise, and they will continue renting in the iconic building. kathleen: ford has stopped writing national as for the fusion and

effort to expand their influence beyond their own region in places like africa, latin america, the pacific islands, south asia and we are concerned by some of the tactecs they use, offering poor countries investments and loans that perhaps those countries are not going to be able to repay, and we want -- we want those countries to be aware of their own sovereignty and have their infrastructure and it can ultimately compromise their sovereignty. so we pay very close attention to that issue. there are a lot of issues with china, but their global ambitions on the world stage are definitely one of them. >> i want to ask you about the middle east. specifically about iran. would you say that the iranian regime and their proxies are the most destabilizing influence in the region right now? scott, i'd like to say up front that the iranian people, there's an incredible history, a persian history that is very admirable, and right now the iranian people in iran are suffering. there are very serious, economic problems. their economy has been mismanaged and so i think it's surprising to me as an intelligence officer the a

people in parts of the world that had previously been largely shut out, people in asia, people in central and south america, start integrating more. but the pathway that is open to them is through the employment category. it produces a phenomenon of what we call [indiscernible] once people are here through the family preference system, they start bringing in more and more family members because they are motivated by the comparative economic conditions. the united states is so much more prosperous. even if you have a college degree in say library science, and the only gig you can get going in the u.s. is to run a gas station, that is still going to earn you a higher income, greater social stability, part of a democratic political country. many people from unstable countries economically and politically are motivated to come to the united states. but much of that immigration is not coming from europe. the exceptions to that were in fact ireland and italy whose economies were still struggling. this was the movie you saw yesterday. the young woman is still desperately poor. tot economy will take longer develop

south america. theally, i think this is category that includes meso and central america as well. citizensarents of u.s. , asia -- asians seem much more eager to bring over their parents as well. you can see actually, in terms of the actual numbers, it is not that high. in terms of based on these crude credit or is -- categories by region, who is availing themselves of this possible immigration pathway. this is to give a more up-to-date and detailed sense of who is coming in, under what status. in 2011, we had actually entering, 1.1 million illegal permanent residence. preferences family -- 1.1 million entering legal residents. next we have family preferences, we have refugees and asylum, employment. as we think about this, when we about the push -- we think about the push for immigration reform, which i think people generally agree is needed -- and there is a significant group that thinks numbers,o lower the the overall numbers of immigrants once again, right? but then what we have to do is think about what categories of legal immigrants would we actually cut? how can we actually reduce the number? i show you

, it is not all focusing on emerging markets with investments in south east asia, pdm and others in india. it has a rich in latin americaare below is in power in the world as the us gets back, alibaba could benefit from it. have announced this week of launching a russian venture. they are becoming more global and get less us focused and they were not very us focused to start with. flextech a quick look at those markets now. some of them are open. —— lets take a quick look. the all 0rdinaries open. —— lets take a quick look. the all0rdinaries in open. —— lets take a quick look. the all 0rdinaries in australia higher and the nikkei extending on its gains on monday. also a weaker yen is open to propel those export reliance stocks. really taking their cues from wall street, we saw gains on wall street for the s&p 500 and nasdaq and that is on a little bit of optimism on potential more tax cuts from the trump administration and the dow ending flat. that is it for this edition of asia business report, thank you for watching. this is bbc news. the top stories this hour: the white house says the north korean leader, kimjong un,

south america as well. we are exploring opportunities in asia now. >> two weeks ago you relaunched the j.crew brand.f response have you had from customers? increased traffic and higher sales? jim: we are excited about the relaunch. we are definitely seeing an increase in new customers as well as reactivated customers. people that have left the brand and are coming back to j.crew. the spending as much as you would like? jim: they are. it's an exciting time. when i started, i received so many emails from customers j.crew, but id have grown out of the brand, meaning physically. it doesn't fit me anymore. we are now receiving so many comments be a social media of people who are so happy to be able to shop the brand again. so inclusive he isn't just about trying to be everything to everybody. it's about in whatever you are doing, including as many people as possible. received a comment on instagram from a woman who said, thank you so much for showing the extended sizes. please keep doing it, it helps me a. >> you've talked a lot about engagement through social media. the change in marketing strategy or a

it includes work in north america, south america, africa, europe, the middle east and asia. erves on the boards of the indiana economic development corporation, the indiana chamber of commerce, the future farmers of america foundation and the national 4-h foundation. his leadership in the field has also been recognized by the agriculture future of america which awarded him the 2015 ag leader of the year award. i believe kip is highly qualified and will be committed to achieving the goals of the united nations world food program and food and agriculture organization as they strive to defeat hunger and to achieve food security worldwide. i look forward to hearing his testimony and your questions. as i said, we are very, very proud of mr. tom, and i strongly, strongly, support his nomination. thank you, mr. chairman. >> thank you, senator donnelly. with that, senator peters, i welcome you to make any comments. >> well, thank you, chairman young, thank you for holding the hearing, ranking member merkley and other senators who are here. each of the folks who have been nominated, y

there are still overvalued in asia but latin america, turkey, south africa are looking decent. joe: the way to play this is to go at the heart of the pain. south africa, turkey, argentina or some of the article -- ugliest in the world. rather than diversified or go for stronger ones, go with the beaten-down bloody ones. >> go with them when you have catalysts to change. i could have said this about south africa or turkey two months ago. it was cheap. theneed to see in turkey is rate hike next week. you want to see the pastor released just in time for trumps midterms. those factors plus the big catalyst, victory in china, over china, that could turn sentiment. that is what we are looking for. lisa: great to get some time with you. charlie robertson. shares of mattel rising as the toymaker makes its biggest push ever to turn more of its brand into hollywood home. discussing, my little pony. >> here is the thing. you think about these great friends. you wonder why you have not seen them on the big spring -- backscreen. hasbro went down this road. bay making ofel the explosions. th

and in south america as well, and we are exploring opportunities in asia now.a: two weeks ago you relaunched the j.crew brand. what sort of response are you seeing from customers? do you see increased traffic, higher sales? jim: we are excited about the relaunch. we are definitely seeing an increase in new customers as well as reactivated customers, those people who have left the brand and are coming back. emma: are they spending as much as you would like? jim: they are. it's an exciting time. when i started i received so many e-mails from customers saying, i loved j.crew, but i have grown out of the brand, meaning physically, it does not fit me anymore. we are now receiving so many comments via social media of people who are so happy to be able to shop the brand again. so inclusivity isn't just about trying to be everything to everybody, it's about in whatever you're doing, including as many people as possible. in fact, we received a comment on instagram from a woman who said, thank you so much for showing the extended sizes. please keep doing it. it helps me

they source from all over the world including asia, italy, india, south america, and china.founder says tariffs would dramatically reduce the number of hides because the end product would not be affordable. his name is mathison, david mathison, co-founder mr. mathison, welcome. i haven't had an opportunity to say that very often. so explain to me the nature of the trading relationship particularly between the u.s. and china with respect to the hides you then sell to be made into furniture is it that china is taxing american cow hides that would otherwise get over there at a lower price, or that we're taxing the return product? >> it's the potential of the 25% tariff and the u.s. has a unique and unusual trade position and advantage in this case because the chinese do not have any standing herd and the u.s. has a very large herd similar to brazil and argentina so our exports to china each year are pretty close to 10 million hides raw and probably another 4 million in wet blue, which is a semiprocessed state so the 25% tariff on these returning the goods back to the united sta

asia. hello there we've had lots of wet weather across parts of south america recently you see the cloud on the satellite picture it's across parts of panama and into the southern parts of brazil and this whole region has been very wet over the last twenty four hours or so and there's plenty more rain still to come so some of the downpours again on thursday are likely to be very heavy and with plenty of thunder and lightning to towards the south it's a lot drier force important always on maximum up to around twenty four degrees of the temperatures increasing here and there also increasing force in santiago as well say to them getting to around twenty four as well for the central america as there's plenty of sunshine here but across the caribbean islands you can see the showers that have been developing some of them very very lively and further west we've also got some clusters of thunderstorms here some of them have been giving us some flooding and it has been pretty wet in many places the showers are likely to continue to continue as we head through the next few days and further north we'r

that will not be affected and that for me is north asia for the but all these people do not , so current account deficit splitting out to south americarth asia i think will become the allocation call in the second half of the year. thank you for, your insight. do remember, bloomberg users can interact with the charts, you can browse recent charts featured on bloomberg tv to check up on key analysis and you can save them for future reference. g tv . this is bloomberg. ♪ ♪ let's do a quick check of the latest business flash headlines. glitch investigating a that disrupted for several hours over the weekend, hitting atm's, online breaking, and -- online banking, and credit card or sections. they recommended ocbc for the failure of its online banking in late 2011. managed's hna group has to shrink its debt for the first time after shrinking assets to stay afloat. hna has sold more than it $17 billion this year. revenueacau is gaining for the first time in four months, easing concern of a slow down in highroller gambling. billion,wed to $3.3 with the expectation for 13% rise. >> first trading day of the month, do you remember the very

. >> in asia they eat bugs, and in south africa they eat bugs, and south america, they eat bugs. >> but turns out the bugs have benefits. >> one of the interesting things is that crickets are one of our only protein sources, animal protein sources that contains fiber. they are high in iron and calcium and b 12. >> i know that. i thought i was just grossing out my wife the first time i had it. >> no doubt people will be grossed out, but for every gram of crickets, there's a gram of protein, and that's more than chicken, beef or pork. with that conversion rate, maybe it's worth a try. >> it taste kind of like a sunflower seed. >> i knew they were going to get the reporter to try it. that's just how it goes. >> not all crickets, as it turns out, are healthy. before you grab a fork and napkin, read the label and look for -- i swear this is true, for the added sodium and sugar. >> yeah, can't look at the label at the crickets in your yard. >> those are all natural. >>> hey, we're live here at justin herman plaza in san francisco with thousands of my closest friends. we will take you live to

with the other nations of north and south america could mobilize 30 million fully equipped men, the axis could mobilize 200 million. thus, an axis victory in europe and asiaer than ourselves. these were the reasons that led us, the american people, to change the neutrality act. to send equipment to russia and china. to make ourselves the arsenal of democracy. these are the reasons the first troops were sent to the atlantic, to occupy new bases in greenland and iceland, with the consent of their governments. in our hands, bases of defense. in german hands, bases of offense. the germans opened unrestricted submarine warfare. >> if today the navy should make secure the seas for the delivery of our munitions to great britain, it will render as great a service to our country and to the preservation's of american freedoms, as it has ever rendered and all of its glorious history. >> we want those cargoes protected. >> congress repealed the entire neutrality act. we armed our merchants and for the first time, the steamed into combat zones to deliver lend lease. while this was going on in the atlantic, the japanese with an agreement of the government to defeated f

of state, no ambassadors to south asia, turkey, south africa, means american interests are not being represented. perhaps the most remarkable new effort to sidestep america has come from the europeans. in a reaction to trump's decision to pull out of the eirn nuclear pact and reimpose sanctions on iran and anyone who does business with iran. because of the immense strength of the dollar, few major companies are willing to engage commercially with iran. the europeans are trying to create an economic mechanism that can bypass the dlar. listen to what eu foreign policy chief told me at an event this week? >> we cannot accept azure companies that others, even our closest allies and friends determine and decide with whom we can make business with or trade. >> she indicated other countries, presumably russia and china might join this effort. will the eu's efforts to come to fruition they would put a debt in the most significant of american financial power, the unrivaled role of the dollar in the global economy. the truth is the european effort is unlikely to succeed. the dollar powers above competitors like the euro. yet it seems foolish for washington to purs

asia. to the city that never sleeps. hello there we're seeing most of the cloud put away from south america now look at the satellite picture we can see this area of cloud in the east gradually pulling its way your way towards the east and over the sea it's still bringing a fair amount of cloud over rio at the moment that we are a little bit more there on choose day so also dragging the temperatures down with a little bit as well so twenty three degrees will be the maximum here as we head through the day on tuesday towards the west it's hot force in santiago twenty nine degrees is the expected max about by wednesday we're into the fresh air so twenty one should be on my swim this time as we head further north for many of us in the central americas there's plenty of showers with us and plenty of sunshine as well so your in the day you'll see the clouds pop up and then we'll see some fairly heavy downpours we're going to see some heavier rain over parts of panama and into costa rica here does look pretty wet throughout the day on wednesday a soggy one for us a bit further towards the north and we've got all tropical storm wit

the export of gas into central america, south america, across the caribbean as that begins to come online but most importantly asia hearing from you, america is so powerful with oil and liquefied natural gas that prices probably won't go up that much this winter. >> no, they're not. stuart: we will keep a lid on prices. >> we shall. stuart: accurate? >> accurate. stuart: oil no more than 80? >> i would say that's a fair guess. it's going to be interesting with some of the people i'm meeting this week. i'm meeting with the president of angola tomorrow to get him to pay his bill. stuart: good luck with that. let's get to china, they've canceled trade talks with the u.s. and on the very day that we talk about monday here we have imposed tariffs, 10% on $200 billion worth of chinese goods coming in here. michael is back with us, the author of the 100 year marathon. seems that china will do anything to delay, delay after elections when they hope for a more favorable political climate, is that accurate? >> that's accurate. that's one of their strategies, they are three or four more, they are crossing the fingers that th

south america. i will speak to you in a couple of minutes' time. hello there. the main weather story continues to be across japan, asia and north america. la ndfall evening. tropical storm gordon made landfall earlier on along the gulf coast here in the south. was not quite hurricane strength but wasn't far off severe in alabama there was some damaging winds and some coastal storms surging, flooding as well. this storm is moving over land, so it's a beginning. it's losing its energy but the heavy rain is set to continue. eventually, that rain will merge with his band of rain we got here from the great lakes down into texas, with his been some flooding. we may get some rain in new york which dropped the temperatures by friday before the tennis. we've got another hurricane that's sitting out in the middle of the atlantic. this is florence was that she could had a weight on the way towards bermuda or perhaps have some impact in the uk. a lot of uncertainty, as you'll see in the forecast later on. as you heading to europe, more rain developing. across the alps, perhaps heading to germany, and there are fewer showers of cost eastern parts of

south asia until we can figure it out. just a few things on this. the whole point here is the populace of america they decided a couple of timeses that we don't want to have a large footprint in the middle east or different areas. we have to worry about spending as much money but here's the problem there are costs to that. i don't know what the right answer is.e all i know is that there are high cost to american involvement and entrenchment overseas. but there's also cost to the lack of americanos commitment. you can blame the u.s. for launching the iraq war in 2003 and not opening the door i was a foolhardy decision to do that. you can blame the u.s. for getting out in 2011. the one trick ben rhodes has his he likes two-point back to 2003. you have to play the hand even given. and by 2011 you decided you were to try and undo the 2003 decision to invade iraq. have to play the hand you been given. what were talking about in afghanistan now is the same commitment we had been there for 17 years. what we can do. be there forever. make those arguments. what the day after american withdrawal looks like

south asia until we canfigure it out . >> i don't think success is anywhere close but i want to say two things, the whole point here is that the political elite of america, the populists in america decided a couple times we don't want to have a large footprint in the middle east in these different areas. i get it, that limits casualties, we don't have to worry about many americans being killed, don't have to worry about spending money but here's the problem. there are costs to that and part of what makes us uncomfortable is i don't know what the right answer is. a lot of people say we have to do this and this, i don't know but what i know is there are high costs to american involvement and american entrenchment but there are also costs to the lack of american commitment and that's the defining feature here. you can blame the us for launching the iraq war in 2003 and opening the door inside iraq and also opening the door for al qaeda and iraq. you can absolutely blame the us, the foolhardy decision to do that but you can also blame the us for getting out in 2011. i like to say the one trick ben rhodes has is if you like to point back to 2003, the iraq in

president set to speak of america first agenda also work on trade deals like the one he just closed to south korea. >> the big issue here is that it is really strong signal maria to asiato sit down and get fair free reciprocal trade a good signal. maria: peter navarro joining us an hour ago watching latest trade sepgs likely increase . >> futures higher opening dow industrials up 60 points right now a quarter of a percent this is just shy of the high of the morning, s&p 500 up 5 nasdaq up 7 and a quarter in europe this morning, also gains across the board, to tell you about, ft 100 you have up a half percent cac quarante up a fraction as dax in germany, in asia nikkei average shanghai composite mixed overnight from starbucks to slim down laying -- of employees we will tell you about that weight watchers changed its brand losing the weight meeting your neighbors a look at one company relative humidity the ceo founder is here top story breaking his silence, supreme court nominee judge brett kavanaugh speaking out about the sexual assault allegations against him defending his reputation in interview on fox news with martha mccallum last night. >> the truth is i have neve

asia and south asia that are finding china investing in this one belt one road but really holding them hostage. this is an opportunity for the united states to call them out. again, latin america's influence is growing there and he made a reference to that. >>stuart: curtis, what do you think would be china's response to this speech? she was obviously watching. i'm sure they were watching in beijing. what you think the reaction would be? >> it's very laughable. they're trying to portray themselves as the defender of the trading system when they're violating every precept of that system. they better back down. it's time for china to say look, we joined the big boys club. we will act like big boys. we don't need to be treated like the weak sister and be given special exemptions and subsidize our industries and everybody will make-believe were not doing it. they should just acknowledge what they're doing and like the u.s. impose - - when they're doing illegal subsidies. that should be the reaction. >>stuart: curtis, thank you for joining us this morning.i know it's short but it's a jampacked show. >> great show today. >>stuart: wasn't bad, was it? peter still with us. the economi