professor spence, thank you as well. michael spence of new york university.ne for morning is the strengthen the dollar continues, particularly against weaker euro. please stay with us. this is bloomberg. ♪ alix: --david: diplomatic jeopardy. north korea cancels talks with south korea, and says it may not continue with the u.s. u.s. treasury bonds move higher than in seven years, with some people warning it is getting higher still. and finally paying attention. , talk about writing down sovereign debt is another matter altogether. welcome to "bloomberg daybreak." i'm here with julia chatterley. alix is off today. you see the pressure we saw yet.s. equity markets, and futures in the green are very minor. we will continue to watch that over the coming couple of hours. obviously the shift

my name is kathy spencely. i'm from felt ton institute also known as family service agency of san francisco. our agency has been supporting san francisco safety net for 129 years. we serve older adult who's is worked to build and support san francisco their whole lives. many enrolled and social services or jobs and not come with large salary pensions and with the commitment to san francisco in the community in which we live. they may have saved bought a house in the city affordable and upon retiring, or loosing their jobs, many cannot meet ends to remain living here and out of poverty. they want to work, they need to work, part-time work is often what they seek they want to be part of the community to keep mentally sharp and find meaning. perhaps most importantly, today they need to retool. to learn more computer skills and other skills to fit the need of today's job markets. fellton has managed the service management program since 2010 under contract with the u.s. department of labor and the national council o

spence why over the view that there will be. new faces every three years and then there's the link more personal the new journey because not many are just coming in something sitting in there and you don't have any relationship to the place but here you really build this relationship. it's very nice does that mean this is the only place in berlin where i really like to go regularly. back years national dish is sheep's cheese dumplings. so back cuisine is simple and hearty. it features a bunch of potatoes meat dole and dairy products. one specialty is a sheep's cheese called. it is made from sheep's milk and can only be produced in slovakia. many slovak dishes are influenced by the cuisine of neighboring countries. christine is very close to nature and is very different in the north of the country than in the south. i'm not in the north they're more recipes with potatoes with cheese and meat as a side dish and fly shells by law and in the south they're more vegetables and meat dishes. music. sylvia peter robot was born in one tho

anthony list chairwoman jane abraham and her husband, the honorable spence abraham, for hosting thiseautiful gala. thank you both. thank you very much. thank you very much. beautiful job. we are very glad to be joined by many wonderful members of congress, including the legend from louisiana, a very brave guy, steve scalise. where is he? where is steve? hi, steve. so, i was going to ask all members of congress to stand. but there's a short list. should i do this? we have to do this, right? they are fighting for you all the time. you have steve. steve, stand. you have no problem standing. this guy is in better shape than all of us. kevin brady. where is kevin? what a man he is. thank you. thank you, kevin. steve daines. hi, steve. thank you, steve. great. where's roger? roger! you know the problem this, roger we are guaranteed to leave a few , out and they will never speak to me again. but that is ok. we will have you stand. a man to is been so incredible on television to me, andy biggs, congressman. where is andy? thank you, andy. now i don't have to call you and thank you. thank you

the magistrate ran through the very such as i said spence called know how i made it very clear that her job was not to decide whether the jury should convict on any of them but whether they could convict was the credibility of a witness so poor as to completely collapse in front of a jury and if nots. should go to trial was it physically possible for what was being alleged to have occurred again if that relatively low ball was poss then again yet his i should go through to a jury trial india and she decided that about half of the allegations against called should go to a jury trial on when state called new pal will face a criminal court's the directions hearing to find out more details about when and where his trial will take place in the meantime he's been allowed out on bail but he is not allowed to leave australia this will have big implications for the catholic church at one stage called nepal was the most senior catholic at the vatican managing all its finances they say is an incredible fall from grace from him although it is yet to be determined whether he's guilty and he says he

expected in today's time on monday hundreds of thousands of people are expected to show up along the spence is just one of five protest points and we're being told they are setting up more and more so when we see those protests happen on monday that there will be various points along this border which will see many many people which of course puts huge pressure on israel iran says israel's air strikes in syria were based on what it calls a fabricated excuse israel says it launched the attack on thursday after iranian forces fired rockets at its positions in the occupied golan heights malaysia's new prime minister says the king has agreed to pardon jailed opposition figure on what a pity him is in custody on sodomy and corruption charges that he says are politically motivated by her mohammed says he plans to have a power to within two years. singapore will host the first meeting between the u.s. and north korean leaders on june the twelfth president donald trump announced the date and location on twitter he had previously said he wanted to meet kim jong un in the demilitarized zone on the bo

said the notion of the us i'm spence's on us going on a mission of our. dollars it was a. positive. but if you doubt it it will mean more decoupling. and similar but a model of. you may want to close your. eyes shadow. prevented me. she too. you know i'm. one of those has turned me into question the. social mission you. have is seed what question would be to see the. man i was a son knows not even says he did which. records to. prove what i did as economics and. any state as easy. to put out on drugs dust. old kid was even better. man by chip would keep it out on rust asked. by name enos time kill why i gave you cannot. kill was das. hard love his death may. come to be done ish got better. keep it that jaime shaman to do stuff. stick him on piece that's going to let all what i'm located of. whom taoists i'm. going to. horse around rush my own no more than rush i have my car and rosie has a name you know what with her you know shortage on. on with my mama oh boats were to have our car cover more of. on a mission the solution. well time is going on for the sun a fair need because you

cancer, asthma, and serious illnesses that doctors cannot diagnose due to what lies just beyond the spence. the environmental threats that these people breathe every day will affect generations to come. >> we will fight until this community is guaranteed it will be safe. >> reporter: they are being charged for providing phosphide test results. the ground may still contain radioactive material despite 12 years of cleanup and testing. just last week the chief engineer here publicly defended his company's work. it cost the federal government $1 billion. >> we have worked hard to make hunters point safe for the community and the residents and for redevelopment. it is unfortunate that the false allegations that a been brought against us may result in unnecessary delays in the redevelopment process. >> reporter: the company said they are so confident they will not only pay for more testing, they will pay for a third party company to come in. they were not available for immediate comment following this press conference. jackie ward, kpix 5.>>> it started with the workplace crush and ended in murd

the past, you get card where your get perhaps one dollar -- one point -- three points per dollar spences spent. this is about rewarding the customer. goldman sachs wants to get more than with the consumer and go down that route of syntax with this unit. and try to team up with apple going forward. it is interesting where apple wants to focus in on the apple pay. it surprised me that there are not many merchants accepting apple pay. maybe about a third. payment -- paypal is about two thirds of merchants out there. apple has a way to go to start claiming us and take badge of it and having inroads on paypal as well. emily: caroline hyde and sarah frier, thank you both. coming up, google backed tv is adding its first female investing partner and we will hear from her next. this is bloomberg. ♪ emily: chrissy teigen is hopping on board and brings success of these to the blue apron menu including recipes from her cookbook. untils will be available july 9. after overseeing every twitter acquisition in history, she is starting a new history as the only general partner -- only female general par

spence what he has chosen to be, which is horrifying. because his is the authentic voice of today's lickspittle republican party, he clarifies this year's elections, vote republican. >> you're delivering on the middle-class miracle. he has broad shoulders and a big heart. he's my friend. he's my -- got broad shoulders and a big heart. >> what about broad shoulders? find yourself a man who will talk about you the way mike pence talks about the president. >> i'm about to really flatter you, your book "the hellfire club" is for the second week on the best seller stands. >> wow. i think george will speaks for a lot of people who doesn't like president trump in that they are really surprised at how vice president pence has been reacting. look, it's a tough line to walk, right, if you're one of these individuals who has had concerns about president trump but you want to serve him, you want to serve his agenda, you want to serve the american people. there's a line to walk. you want to be supportive but you don't want to lose yourself. you don't

anthony list chairwomanane abraham and her husband the honorable spence abram for hosting this beautiful you very much. beautiful job. we're glad to be joined by many wonderful members of congress, including the legend from louisiana, a very brave guy, steve scalise. where is heis? hi, steve. so i was going to ask all members of congress to stand, but there's a short list. should i just -- we have to do this, right? they're fighting for you all the time, right? don't you think? all right. steve, you have no problem standing. this guy is in better shape than all of us. [cheers and applause] kevin brady. where is kevin? what a man he is. thank you. thank you, kevin. steve dames. hi, steve. [applause] thank you, steve. great. where's roger wicker? you know, the problem with this, roger, we're guaranteed to leave a few out, and they'll never speak to me again, but that's okay. we'll have you stand if i did that. a man who's been so incredible on television to me, andy biggs, congressman. andy biggs, where is andy? thank you, andy. [applause] now i don't have to call you and thank you. thank

affiliates darcy spence we are wrc has more. >> reporter: the video is incredible.ain, the second time in less than two years. dozens of people were rescued as raging floodwaters rushed through trapping workers and customers in businesses on this holiday weekend. cell phone videos show the strength of the flooding causing structures to collapse and cars to float away. >> what is that? >> this? >> yeah. >> the wine cooler. >> reporter: those who were stuck inside flooded guildings were to -- buildings until they could be rescued. this worker was working at a main street business when the flood came. >> i went to tell customers we were closing. as soon as i went to lead them out of the store the whole road was just completely flooded so i couldn't even let them out and we just had to wait it out. we saw a jeep float by. we saw water coming in under the doors. i was just like all right. so i called my boss and he had to come down and get us. >> reporter: this woman says she was at a restaurant for a birthday when a wedding party downstairs had to escape the rising floo

slogan and you've also seen slogans and banners saying friend is a friend of zion so it gives you a spencetive. but a very different notion on the other side. palestinians saying it is the end of a two-state solution and that america can no longer be trusted to bring an end to this conflict. >> there was a time where we thought maybe the president or the vice president would also be attending the opening of this embassy considering it was such a controversial move and president trump really hanging his hat on this mover to say the least and a lot of people saying this is very much about his base. are we hearing about why the president or the vice president decided not to attend the opening? >> we haven't heard any official reasons. maybe our white house unit has, but you know, the situation given what the president has been talking about over the past couple of days and even the vice president, mike pence who had a trip scheduled and had cancelled that to really focus on the upcoming north korea summit give you a sense of what the u.s. is focused on. this has been a very busy week for the

would be released leaving the families of the three men in what i can only imagine is unbelievable spenceions tells cnn that their release is imminent. paula hancocks joins me now. they said u.s. officials is confident and have we seen evidence that they have moved detainees? >> reporter: no, jake. we haven't seen that evidence at this point. we've been checking with all of our sources. one official with knowledge of these ongoing negotiations say that is they can't confirm that these three have been moved from a labor correctional facility to closer to pyongyang, the capital. so that simply hasn't been stood up at this point and heard from the white house and the state department they can't confirm the reports. we have the report of this official that it is imminent and this is apparently following months of talks. the foreign minister went to sweden back in march which we reported on at the time and apparently according to this official it's there that he proposed releasing the three individuals. but the u.s. officials that were being told that point didn't want it linked to the issue o

what is your spence? >> yeah. i think you could have a spike in the price of oil.n the stock market. i think that would get people's attentions. but i think so we have to remember that the president's polling numbers have been up. the best guess is they are up because there is a perception he is actually engaged in diplomacy with the north koreans and a lot of americans think that's kinds of a good idea. i think this would have the opposite effect there. i would say oil prices, stock market, and maybe a perception that he is managing the interests of the united states internationally. so i think that president has something to think about tonight. but at the same time, i must say most of his advisors seem ready to go ahead and do this and not worry at all about the relationships that we have around the world, especially and including europe. >> what do you think of john kerry lobbying directly with the folks he helped craft the deal with? the iranian foreign minutecityrster. the french president. the german president fronk walter stein myer. do you think it is a go

and what is your spence ense as somebody who has been involved in a lot of these investigations how effective was this informan, this american professor working in england at ferreting out these connections? >> i tweeted on it. i said he made maxwell smartlike look like a genius. he didn't get anything. i can't understand how long this thing has gone. you have to justify with output. you have to justify budget if nothing else. and there was nothing that became notable within the context of his context with the trump campaign. these were well documented in the last three days in the "new york times" and the "washington post." i don't know that he got anything. i think we might have known about it now in this town. >> it seems like we may be on track. thank you both for your time today, i appreciate it. >>> president trump's official demand of the justice department has reignited the debate on that deputy's independence. as the chairman of the human rights foundation put it, quote, trump is more outraged about the fbi investigating russian interference in his kpeen and the election than he is a

and then i had a colleague, michael spence, and i went and gave a very same lecture in his survey.is evaluation -- "oh, you are so cool, there was a lecture on cesar chavez and united farmworkers, and i learned a lot ." that was something i had absolutely no control. tj: i just want to mention a couple of things. i don't teach, which can be a blessing, but in writing history, i think it is important go into a project, you know, and i had moral questions, and i had a clear view point in my own sense of right and wrong, and yet even when i think people are completely abysmal, my attitude cannot be one of scorn, because i need to understand them and their world. example, my last book was about one of the most toxic individuals in american history, herge armstrong custer, and was slightly to the left of it adolf hitler, in the reason why he was controversial in his own time are totally different from the ones that we carry in some of the general culture surrounding us today. also you find looking at that topic that people who were on the most progressive side of the political ledger, w

his nieces, chanel and kenita spence, have been remembering their uncle.re those who have the privilege of knowing him. his children, his mum, his sisters, his nieces and nephews, friends. how do you fully carry on? how can you function as normal knowing someone you have none, loved and cared for all of your life has been ripped away from you in such a tragic way? it is haunting, it is tormenting. we miss him terribly everyday. hamid ali jafari's father died in the fire, he told the inquiry he prays for death so he can join him in heaven. i have never drained all thought of going to the heaven, but now i fight every day, every second, because i wa nted every day, every second, because i wanted tojoin every day, every second, because i wanted to join my every day, every second, because i wanted tojoin my dad. and i pray every day, and i even request my friends to pray for me, that i die soon, to meet my father. finally, i am really sorry, dad, that i couldn't bring any happiness back to my mother's face and two sisters. miss you, dad. and that is it. thanks

according to the department of health and human services the united states spence $300 billion a year on prescription drugs. makes sense. we are an industrialized society and an aging population. medicare and medicaid account for 40% of the prescription drug spending. medicare is the largest buyer of prescription drugs in this nation. it's actually bigger than many nations spend on drugs. here in the united states, drug manufacturers are allowed to set their own prizes and they raise them as much as they want. drug companies say the higher prices help them fund research and investment making the united states a leader in bringing new drugs to the global marketplace. critics say it makes drugs less accessible to people who need them the most. the president say americans pay more for prescription drugs because foreign governments can export low prices from drug companies. this is nonsense. laws in canada and other places with universal health systems allow them to negotiate drug prices. the federal government is banned from negotiating cheaper prices. this isn't about other countries. t

[applause] nobody has a clue how many hours of spence and how much personal time was given up to get us to this time. i think the members of the staff on both sides. without objection make such changes as appropriate please adjourn. [inaudible] [inaudible] [inaudible] [inaudible] [inaudible] [inaudible]

wonderful to have lara spence -- spencer with a little "pop news." >> thank you, robin. guys and, of course, to you all. we're going to begin with the royals and could it be good-bye forever that that relaxed hollywood vibe for duchess meghan? on her first public appearance since the royal wedding, the big headline was her pantyhose. and not just any pantyhose. white ones. the duke and duchess of sussex stepping out for an afternoon garden party at buckingham palace in honor of prince charles' 70th birthday and it looks like meghan has embraced the conservative palace protocol of her new role. the newlyweds will head off soon are their honeymoon with the betting money on a remote lodge in africa. hopefully she can leave the hosiery at home. >> embracing her role. >> it's a big role and you have to play the game as we like to say. also in the news this morning, she's back. >>> celine dion made her return. [ cheers and applause ] ♪ wherever you are >> i love her. she made her big return in vegas last night after ear surgery forced her to cancel some performances. her heari

drew spence put chelsea in front before a late goal from jonna anderson wrapped up both the win and thebritish rider simon yates's good progress at the giro d'italia has continued as he extended his overall lead going into today's 11th stage. yates finished safely in the peloton as he bids to become the first british winner of the giro — he now has a 41—second lead over the reigning champion tom dumoulin. team sky's chris froome is two and half minutes down on the lead. that's all the sport for now. why did the outsourcing and construction giant carillion collapse at the start of this year putting 19,500 jobs at risk? according to a searing report from mps today it was because of a "rotten corporate culture" and the board was culpable for its "costly collapse". carillion worked on everything from the hs2 rail line to providing school dinners and cleaning services in prisons. it went bust owing £7 billion and is described by powerful parliamentary committees today as a giant and unsustainable time bomb. it's failure, one of the biggest in recent british history, exposed systemic flaws in

errol spence chatting to some of the guests in the quire.red people there. quite a few people still to arrive. 0ver quite a few people still to arrive. over the past ten minutes, some of those people associated with prince harry in the past, and those who've served with him in the armed forces. looking at these images with me as someone who knows prince harry well, andindeed someone who knows prince harry well, and indeed william, their private secretary, role that he left in 2013. a warm welcome to the studio. it isa 2013. a warm welcome to the studio. it is a lovely day. the most perfectly imaginable. as an event, when you think back to the fact that you knew the boys when they were young, they needed lots of help and guidance, and at one stage, understandably, here we are, celebrating an event like this. the transition for you must seem very satisfying. for me it is a culmination of what has been a great journey for prince harry. he was a lwa ys journey for prince harry. he was always very special, and i do not mean that in a courtier way

his nieces, chanel and kenita spence, have been remembering their uncle using words, pictures and musicl your life has been ripped away from you in such a tragic way? it is haunting, it is tormenting. we miss him terribly, every day. we hope he is at peace in heaven, getting to reunite with our grandad, his dad, and our nanny, having a real good catch up and being happy and resting well. the is never a day that passes well. the is never a day that passes we don't think of our uncle. he will never be forgotten and we will make sure he did not die in vain. the memories will live on for ever, his legacy will always remain and the love will never die. we will have more on the grenfell tower inquiry later. hmrc bosses are warning the new post—brexit customs regime could cost business between 17 and 20 billion pounds. they also warned it could take between three to five years to fully implement. this is pretty stark. this was hmrc representatives in front of the treasury select committee. you will know that the inner cabinet is pondering the different customs arrangements we might have with t