rock with ice shares has 7 trillion dollars under management then guard has $5.00 trillion and state street with s p d r manages 2.9 trillion these companies hold 80 percent of all indexed funds as we've covered just recently more more of our of the markets are just passive investors so back in 1907 before the crash you had the emergence of what's called portfolio insurance yes now when i was a stockbroker at the time so i know this quite well so the amount of this portfolio insurance product was sold in many multiples of what was actually supposed to be insured the underlying stocks and when that became clear you had the crash of $87.00 now it currently with these passive investor funds and also e.t.f. exchange traded funds if you have an exchange traded fund that supposed to cover the mining sector and in exchange traded fund the supposed to cover let's say north american stocks they would both own the the same stock but they don't actually own the shares of the same stock they just own the they just referenced the number of where that stock is trading without owning the stock so you've g

resulting from passive funds increasing ownership of the largest firms blackrock vanguard and state street combined own 18 percent of apple's shares up from 7 percent at the end of 2009 so they're owning more and more of the largest companies and the largest companies like apple or microsoft become bigger and bigger percentage of the s. and p. 500 and they become too big to fail these 3 funds are too big to fail member one the money markets were too big to fail back in 2008 so what are the extraordinary measures that like for example that are happening in the repo market we don't know what the causes could it be connected to this it could be just as valid as any hedge fund or or any bank going under as well we don't know. because we're supposed to read the market but because of all this reflexivity we don't know who drive what came 1st the chicken or the fed in the case of apple because you have so much concentration in these funds. as you point out the market is reflects the concentration of apple in the index so these passive index funds are required to have the allocation that represent

asylum seekers the islands of les vos some most and she also states street demonstrations and a general strike shutting down public services some caps on those 3 islands house more than 10 times the number of people they were built for government plans to build bigger facilities there have met with protests among local officials and residents and didn't use the max zonder was at that demonstration for us on the island of last boss these people here behind me tell me they want their island back and they are mad at the government in athens a government that has vowed to tackle the refugee crisis through the partitions and transfers but so for none of these measures have taken effect and people are telling me they feel abandoned so europe is failing the norms are failing and the. civil and other legal and human and social pursuits is in this country are being raped totally because we're not facing only humanitarian immigrants from syria we're not facing humanitarian immigrants from elsewhere we're faced with a massive aggressive and unethical immigration from one of the we're going to be s

state street the best performer in the s&p 500. qualcomm also up 3.5%.ose is coming right up. this is bloomberg. ♪ guy: weak retail sales in the 75% nextes the market fridays bmi looking critical. european stocks hit a record high as european trade commissioner phil hogan had a conversation with vonnie. volatility is at a record low. pushing lower.is selloff on equity markets. live from london, i am guy johnson with vonnie quinn in new york. this is bloomberg markets. ♪ vonnie: up about .2% for the s&p 500. plenty of stocks are doing well, including qualcomm. the best performer

that is how healthy and prosperous states generate the revenue to invest in state streets, public education, good transportation networks, and more. as you drove to richmond for this session, you saw numerous road projects underway all over virginia. improvements and i 81, i 64, 95, 395, just to name a few. that hampton roads bridge tunnel is being expanded. and we are moving forward on to new bridges across the potomac river. one for cars and trucks, the other for trains. [applause] this is a once in a generation opportunity to make our rail system work better for commuters and passengers across all of virginia, throughout the southeast, and along the entire east coast. we are modernizing the port of virginia to make it the deepest on the atlantic coast, so we can welcome the world's largest ships and export our goods to every corner of the globe. i thank you for supporting investments in this important infrastructure because transit systems, bridges, and roads enable virginia to compete in a fast-changing global economy. we have to invest to remain competitive. it's no secret that the cur

item 6 case number 2019-013953cua at 196 states street. i have no speaker cards. >> thank you. do any members of the public or any commissioners wish to take item 6 all of the consent calendar? with that, public comment is closed. commissioner koppel. >> motion to approve item number 6. >> second. >> thank you. on that motion then to approve item 6 with conditions under your consent calendar, [roll call vote] so moved. that motion passes unanimously, 6-0. commission matters item 7, consideration of adoption, draft minutes for the december 5 closed session and december 5 regular hearing. >> do we have any public comment on the draft minutes? public comment is closed. >> motion to approve the minutes from both closed session and regular session on december 5. >> second. >> thank you. on that motion to adopt the minutes for december 5, [roll call vote] that motion passes unanimously, 6-0. item 8, commission comments and questions. >> commissioner. >> it was on consent, typically housing projects are not. no answer necessary. second comment is i would like the commission to take a

in 2017, boston—based state street campaigned on this very issue, even commissioning the fearless girl still, goldman is a major player in the global ipo market and its efforts could put pressure on others to follow suit. bit of a theme building here because we are going to look at some of the other newspaper and website stories which have caught our eye. joining me is roni savage, founder and ceo ofjomas associates, an award winning engineering and environmental consultancy. good to have you here. again. just picking up on the importance of promoting women's opportunities within business, and we have got the rbs boss, alison rose, putting £1 billion aside forfemale entrepreneurs. absolutely. it is so welcome she has done this. the reason she has done it is to try to create 50,000 new start—ups are focusing on female entrepreneurs, which is absolutely lacking. i don't know if you are aware of the alison rose review, which was government backed last year. alison did research on female entrepreneurs and it was found that by getting white female entrepreneurs in the uk it could potentiall

senior equity strategist at state street global advisors.to be continuing with anna and myself on bloomberg radio in just about 30 minutes. dabou've got, for example, and you are in the london area, you can tune in and keep up. up next, trump backs off. the u.s. and iran seem to be stepping back from deeper military conflict. has the prospect of war been avoided? we will have that conversation next. this is bloomberg. ♪ erg. ♪ beyond the routine checkups. beyond the not-so-routine cases. comcast business is helping doctors provide care in whole new ways. all working with a new generation of technologies powered by our gig-speed network. because beyond technology... there is human ingenuity. every day, comcast business is helping businesses go beyond the expected. to do the extraordinary. take your business beyond. matt: welcome back to the european open. we are 30 minutes into the trading day. i'm matt miller in berlin alongside ann edwards. nope, anna edwards at the london headquarters. i'm a little bit dyslexic in terms of -- anyway. equit

state street the big outperform her by nearly 5% after fourth-quarter earnings beat estimates, as wells return on equity. is lifting some of its peers, the likes of prudential, which are higher by nearly 2%. things getting an extra lift because of the move in the bond market. you have the long end of the curve, yields moving up in parts due to the treasury issuing the twenty-year notes. the big spike came around 8:30 a.m. eastern. that has led yields higher by three basis points. 1.84% on the 10 year. i want to focus on the data. we are looking at the white line. the highest number since 2007. they have been on an upward trend since the start of 2014. the blue line there is a disconnect. homebuilding the etf relative to the spider or the s&p 500. it has been underperforming the broader market during the time housing has been picking up. there is a bit of a disconnect on the chart. vonnie: thank you for that. a programming reminder. next week, we will be live in davos, talking with leaders in the world of finance. it is not right next week on bloomberg television. this is bloomberg. ♪ v

manus: that is what state street suggested to me this morning.paying up on some multiples that maybe look rich to us. it is still one of the strongest markets for them. where are you as you start the year for value? we were looking at this chart, growth posted its best week versus value since 2011. if growth, if you are looking at 2% maybe, consensus for growth is 1.8% in the u.s.. look at growth versus value. what does this say, how do you want to position? has been some recovery in value towards the end of last year. growth has started off again fast this year. when you look at the valuation of those styles, more opportunities within the value area. it does depend in many cases on growth recovery. i think it's worth looking and worth the extreme end of growth, being more cautious. even in the midrange, there are still opportunities where you are getting some valuation opportunity and some decent growth. nejra: are you expecting earnings and 2020 to justify what some are calling a liquidity driven rally? >> it certainly has -- lucy: it certainly

i think the work of state street, blackrock and vanguard is coming in to bear.f you think about who picks the board, it is the shareholders. go back to jeff's earlier point to how these companies are being first downed, who is behind them. we need to start at that level. and by the way, bringing mauer diversity on to your -- more diversity on to your board two or three or four years before going public is going to help the company to be public. it is a win-win. >> a key part of this is this is sort of the equivalent of plaque rock or vanguard saying we are not going to vote four boards anymore. now you have this line in the sand for the i.p.o. companies are thinking what i do need to do two or three years from now when i want to go public. i had better think about it now. they learned with we work. it was a disaster. they came to the mark without a diverse board and people started asking questions and pretty soon there is no i.p.o. >> who is next? first there goalman. what about j.p. morgan and morgan stanley. >> we had stick put out some -- wid city group put o

fargo kickoff earnings seasons, quickly followed by bank of america, goldman, morgan stan lee and state streett this. charles, u.s. bank court, usc depending on how much money they did or didn't break in from stock trading and wealth management, some of these names will have the power to move the entire market and not necessarily up. are those metrics once you really should be watching? where joined by security analyst, head of u.s. large bank research, mike is first on foxbusiness. i've seen you are wearing not just a sport jacket, is a hoodie? >> you caught it correctly. >> you can't beat a banking analyst without a tech analyst? >> exactly. thanks spend more technology more than any other industry. we think this is the decade of banks and technology. i will play the part here. >> are using everything from acts to the cloud to data, fake data etc., that is what will make or break these banks in this decade? >> that's the starter, absolutely. digital banking, electronic payments and the government over the whole process, that makes or breaks the bank because that allows banks to grow revenue.

ofare back with tim graf state street and paul dobson.nt, and you still make money selling it. that is my question. does that just carry on? we are at very low levels on the vix, but it still looks incredibly low. timothy: i was looking at this today in currency. look at euro-dollar. guy: record lows. timothy: 4% on an annualized basis. typically when you start to see it reprice higher, you do start to see these systematic volatility selling strategies to extract that premium that is typically there, or at least are to become less profitable and get back towards breakeven. that hasn't happened yet. it's not to say you want to pick up the nichols in front of the steamroller -- the nickels in front of the steamroller, but that has been working. if past is any prologue to the current situation, that is the case. would you sell euro-dollar vol at 425%? you are right -- at 4.25%? you are a braver man than me if you do, but that is still working. guy: how can we extrapolate that into what the year ahead looks like? year. was really low last is

black rock and state street have pushed back against companies with all-male directors, here in california and listed in major u.s. exchanges are actually mandated by law to have at least one female director, but there are, brian, important questions about the pipeline a lot of what i focus on in the private markets. how early do you get women in? some of the biggest private companies still have boards without a female director. that includes insta cart, jewel. >> what this might mean for companies for ipos for america joining us, distinguished journalism fellow and author of "that's what she said. hard to believe. what is this, 1978 hard to believe there are still major companies, public or private, that have pretty much all-male boards. >> brian, i cannot agree with you more first of all, okay, great that he said we want to have one person, diverse person on the board but what took so long? the research that deirdre referenced, there is reams and reams of this research that goes back more than a decade. we should have been seeing this way, way long ago. i agree with her, we have to look

. >> the top three when you look at state street, blackrock and the third one. >> people. >> they keep getting bigger and bigger not knocking them at all just worry if everybody is buying the same stuff. sit tight. the articles of impeachment are being signed by house speaker nancy pelosi in washington right now. lets take a look in. once the speaker is done with signing, there will be a physical move of that document from the house to the senate it will be hand delivered to the senate, where the trial will begin at some point. obviously a lot of disagreement about how the trial will look, whether witnesses will be called, what witnesses could be called as well the trade deal on one hand and the impeachment articles being signed on the other. it was a busy day, ray odd day, even by d.c. standards we'll take a short break, back right after this make fitness routine with pure protein. high protein. low sugar. tastes great! high protein. low sugar. so good! high protein. low sugar. mmmm, birthday cake! pure protein. the best combination for every fitness routine. >>> all right welcome bac

state street is telling companies that pushing ahead with esg changes is no longer optional.e out of four companies haven't made meaningful progress on environmental, social, and governance issues and added it votingared to take action against members that are consistently underperforming peers on esg criteria. let's bring in our esg reporter with more. we've heard now from a number of the biggest asset managers in the world. ont influence will they have climate change and esg issues? >> that is the question. asset managers used to care about their returns, but now they have to take on this new role are they not only care about the financial returns, but have to think about a company's impact on the environment and social issues, partly because they are being pressured from pressured byists, society at large, but also their largest shareholders and investors who are asking what are you doing about climate? what are you doing when it comes to contributing to diversity and so on? they are feeling like they should do something about pushing companies to change toward a more low

the deluge began last week floods and landslides have destroyed towns in middle school or a state littering streetswith debris argentina's new government has been issuing food cards to low income families in an attempt to fight malnutrition the card gives them between $50.00 and $90.00 a month to buy certain food items the country's in the midst of an economic crisis and it's gearing up to restructure about $100000000000.00 in debt to raise about reports from borders are. long lines of people waiting to get government help this is happening in. only half an hour away from the center of when. this is just one of the places in the country where the new government of the for a man this has not a program to fight my nutrition. has 4 children and has been without work for a year. it's a compliment to help. for years we have seen an increase in prices and it's difficult to make sure the kids eat well we bought lots of pasta and rice and they need meat and protein in the past year the devaluation of the peso currency has had a strong impact on the price of food many of those coming here are already receiv

joining us in new york, chetan ahya, morgan stanley chief economist. , a from boston lori heinel state streetr deputy chief cio. see global will growth downside of about 15-30 basis points in the first quarter. if it is 2-4 months, you probably see about 30-40 basis loss in the second quarter. . joe: are you looking at this more of a global crisis in terms of the impact or is it still regional? chetan: it is still sort of regional. even within the region, it is still largely china. you can see the number of cases outside of china is still very small. also, i have to note that in terms of fertility rate, outside of china, it has not been seen as much, which means that possibly outside of china, because people are able to get enough care, you are not yet seeing as big a problem. as of now, we don't think it is a global growth impact, which is spread across every part of the world. it is just more centered around the region. the impact of china's growth to the rest of the world is how we are implementing this model. alix: that is a striking difference to say some strategist are calling for buyin

state street only added $24 billion. can you imagine the differential?tters in this industry and these all types of e.t.f.'s. but there are some quarters last year where blackrock pulled in more money and fixed income e.t.f.'s which bring in less in fees. david: that's what i'm curious about. size matters but by definition, people are going to e.t.f.'s because they don't want to pay very much money to manage them. >> exactly. that's a big question in the industry. if you go to goldman-sachs, they have a lot of products so does j.p. morgan. so how do you compete with a blackrock? and then you have morgan stanley which who says we're going to avoid these products and pull in more higher fee, you know, assets. david: work on the margin rather than the volume. >> exactly. david: coming up here, the tale of two dollar indices. we'll look at how two measures of the dollar could diverge in the traders stake. tune into bloomberg radio heard across the united states and sirius xm channel 119 and on the bloomberg business yes, ma'am. live from new york, this is bl

there is where we could have really big change when you look at blackrock, vanguard, state street.own 22% of the s&p 500, so that is a really large voting block that trumps any activist investor pushing for a similar goal. blackrock itself owns 6% of the big energy companies. there's a lot of room, but we don't have a lot of the details on exactly how larry fink plans to pursue this. for now, we just have the general, that they will divest from some of these higher sustainable risk companies. alix: thank you for that. still with me on set is lauren goodwin to of new york -- is lauren goodwin of new york like investment. there's only so far they can actually do anything versus their passive funds. how do you look at this shift? of investment,a and we are moving in the same direction, of paying attention to principles in terms of investing is an important part of the shift. one of the reasons it is hard to find these investments is how we measure what is sustainable, what is a good governance principle, is challenging. the more that investors demand this type of risk mitigation and t

so theyey're talking about state television having lied to the people for years and years and years and actually. prominence at presenter on- iranian streettate tv. i'm resigns i am. very publicly and she said in her apology to the public. that's it she is sorry for lying to you on tv for thirteen years. so this wasn't even about the fact that. was a cover up all of- iranian responsibility for the for the crash. eight she she she was referring to her entire career. as i abril as a presenter for the state television so. it is interesting to see the level- journalists coming out with those who the statements we've also had- and de did this is the washington. post's reporting on. tehran at the pteron association journalists on monday. came up with this the deed to cry you to the state of media in around. on their statement was wanting dangers to society right now is not only missiles are military attacks. but a lack of free media hiding the truth spreads lies unspecialized dramatizes the people see a very strong statement. just to. briefly to complete on around you also have the prominent iranian actress- tiranë ali do seat she shared this i

business week cover with an article inside, it's a concentration risk between black rock and garden state streetou're owning that much of corporate america, how do you use that power when so many investors want more from you than just turning around good results. alix: or less and don't want you to mess it up. i agree. good writeup actually. let's go to the second story, morgan stanley promoting few people. what do you make of it? >> one, it's interesting morgan stanley and goldman are keeping their ranks as elite as humanly possible. that's the goal to get there one day. as they do this, how do they retain talent? because if you're making it harder for people to get to the very, very top, you already have a situation where a lot of the younger people, also, have been turning over at a high rate and people have been moving to hedge funds and technology so how then do they rise up to the very head levels. oich on the flip side if you go he -- alix: on the flip side if you go back to where everyone was promoted at the same time and no exclusivity and at some point it tapped out. there's that argum

things that we're seeing and this could benefit the custody banks such as bank of new york or state streetn, the wholesale deposit funding companies, they soaw costs fall faster than consumer deposits and bank of america is a strong consumer deposited orientated company. that's why they suffered more than jpmorgan yesterday. and so to us the stock has run up nicely. this company is still, you know, long-term one of the investments that people should know because of the strength of their franchise in the united states and there will be ups and down the other thing is if we see a steeper yield curve toward the end of the year, which bank of america is not factoring in, but if we get to see that by the end of the year, that would be favorable to all of the banks including bank of america. >> if being the key word there gerard, thank you as always. appreciate your time gerard cassidy >> time for our etf spotlight. looki sector under pressure because of target which posted slower than expected holiday sale growth down about 6.5%. courtney reagan is at hq with a look at spdr >> this is disappoin

resolution authorizing and approving lease with npu, a california corporation for the united states old mint at 88 fifth street at the monthly base rent of $20,000, requiring the tenant to be responsible for all utilities, rental fees for a two-year term. with three one-year options to extend, adopting appropriate findings and making findings that the proposed transaction is in conformity with the general plan and the eight priority policies. >> supervisor mar: thank you. i understand the mayor's office is -- from the mayor's office this item is not ready to move forward. as such, after public comment, i will make a motion to continue this to the call of the chair. are there any members of the public who wish to testify on this item? seeing none, public comment is closed. colleagues, can we continue this to the call of the chair without objection? okay great. mr. clerk, please call items 4 through 18 for closed session. >> agenda items 4 through 18 are various ordinances and resolutions authorizing settlement of lawsuits and litigating claims and authorizing the service of offer to compromise in a lawsuit agai

as a state street senior multi-asset strategist, and daniel morris is still with us.banks that came out with earnings. a lot of them beat estimates. what do you do with european banks? how much do you wear negative rates will cut -- rush them? are thoughtful to have a large capital market ranch that has done well for them. -- branch that has done well for them. europe,ok across capital market branches, businesses are quite a lot smaller proportionate to european banks and it is somewhat bad european corporate's, but still not as strong as the u.s. consumer. it is not much in terms of positive sentiment. francine: it feels like 2020 will be the year for europe in general on valuation. do you agree? , i came ongeneral this program a year and a half and talked about value. we still believe that strong fundamentals are more than underlying valuations in the world with low interest rates, lack of growth, and the quality and growth will persist. ofing said that, it is kind a level of change game for us. the u.s. by far is the strongest market, strongest fundamentals, --hest

it makes it illegal to discharge any homeless youth from a state system, directly onto the street. susie steimle , kpix 5 . >>> keep sending your ideas to projecthome@cbs.com. >>> a mother is missing, coming up, why police believe her estranged husband might have had her killed. >>> plus, people from all over the world coming together to help australia as fire crews struggle to contain bushfires. >>> coming up all new at 6:00, a rocky rollout for a bill that is supposed to create more housing in the bay area. why some housing advocates are pushing back. >>> this is cbs healthwatch. >>> a connecticut man is now behind bars, accused by police of killing his estranged wife. he has long been the prime suspect in her disappearance, last may. >> reporter: the husband of a missing connecticut woman was arrested tuesday, and charged with her murder. state police took him into custody at his home in the town of farmington. his girlfriend was arrested at a second location. >> i am not surprised that the geifchi cided to bring the ard they cvean win it. he contends he was not involved, i don'

when the united states thousands took to the streets on saturday to support equality women's rights in the for women's march now protest marches took place in cities across the united states in the women's march was 1st held on donald trump's inauguration day all in january at 27 teen and trump was in focus once again on saturday you know washington demonstrators marched to the white house to voice their disapproval of the president. and that right there an act of defiance against president trump protesters perform an international feminist rallying cry in front of the white house. the performance is part of the nationwide women's march taking place for the 4th time 'd protesters all over the u.s. once more taking to the streets. be getting money out of politics that's my number one concern and we're here at the women's march because of violence against women in gun violence against women it is up to make in this country i don't. i don't just go for my so hard for those behind me and those who are coming after me there are thousands of protesters but they have one thing in common their

cleaning is the responsibility of the affronting property owner or tenant, which is part of the state streets and highways code 5610 as well as our local public works code section 174. another important distinction for c.b.d.s is everyone within a community benefit district pays the special assessment so there's no removal of you from the district if you're within the district bounds, and these are managed by volunteers, typically existing business owners. an important distinction to make tonight, and i'd like to articulate is the difference between a special assessment and a tax. c.b.d. special assessments are not taxes, and this is really important to make that distinguishment. taxes are levees that are charged by the government and facilities that provide certain benefits. there does not need to be a nexus between the tax benefit and the tax paid. an additional form of revenue are fees which cannot exceed the cost of providing those services, and then, there are special assessments which provided for community benefit districts. they cannot be based on property value based off proposition

morgan, state street, and vanguard. they claim to care about climate. we will see in 2020 if they keep condoning all this marathon misbehavior. happily there are some things the crooked fossil fuel industry apparatus can't stop. even with its massive subsidy for fossil fuel, renewables are starting to win on price. new green energy technologies are powering up like offshore wind and battery storage, electric vehicles are driving costs down and performance up for consumers. old coal plants are closing 546 closed since 2010. new coal plants are unfinancable. and 2019 saw murray energy become the eighth coal company in a year to file for bankruptcy and the biggest drop in coal consumption ever. another trend the industry couldn't stop was economists, central bankers, wall street, real estate professionals, and asset managers waking up to the crash risks that climate change poses to the global economy. it's not just that it's recking our atmosphere and oceans and climate. our economy stands on those pillars. and at some point there will be economic crashes.

which are called the turnaround a quote real thrill now in the united states thousands took to the streets on saturday to support equality and women's rights and the 4th annual women's march protest marches took place in cities across the u.s. the women's march was the 1st held on donald was 1st held on donald trump's inauguration day in january 2017 and trump was in focus again on saturday in washington demonstrators marched to the white house to voice their disapproval of the president. that i think and act of defiance against president trump protesters perform an international feminist rallying cry in front of the white house at the performance is part of the nation wide women's march taking place for the 4th time protesters all over the us once more taking to the streets and be getting money had a politics that's my number one concern and we're here at the women's march because of violence against women than gun violence against women it is epidemic in this country i don't know i don't just come from my so for those behind me and those who are coming after there are thousands of protes

streets. now it has been arrested. anyone with info is asked to call police. >>> we are following breaking news. police are in the scene of a bank robbery. this happened at beneficial stateeet. located just south of city hall in the downtown area. we do have a crew on the way. we will continue to follow the story. as we get new information, we'll bring you the latest. >>> the man of the name killed in front of an airbnb in hayward . police have identified him as farrarri johnson. police say johnson was at a party when he was shot and killed . the gunmen got away. anyone with information is asked to call hayward police. >>> hayward police of also released the name of a person killed on monday. he has been identified as 21- year-old garland scott . police say scott was outside the home when he was shot. the suspect also has not been caught. >>> new information about a double homicide in union city. police released a picture of the suspect's vehicle. they say he was involved in the shooting death of two young boys. >> he had dreams. he was a good son. >> reporter: alyssa is grieving the loss of 14-year-old shawn who she raised as her son. his death has torn her life apart.

displaced since the deluge began last week floods and landslides have destroyed terms initial state littering streets and daybreak some areas of experience the highest rainfall since records began more than 100 years ago. the european union safety agency has lifted a warning against flying over iran and iraq european airlines have been avoiding airspace in the 2 countries after a ukrainian passenger jet was accidentally shot down by iran 3 weeks ago but the e.u. is still recommending airlines avoid flying below 25000 feet in iran and to stick to 2 air corridors over iraq. the u.s. aviation giant boeing has suffered its 1st annual financial loss in more than 2 decades slumped by 24 percent amid the crisis surrounding its 737 max airliner boeing grounded the plane last march after 346 people were killed in 2 crashes the main cause was believed to be a fault in the plane's software a security company in the united arab emirates is being accused of deception after given jobs to young sudanese men who say they were sent to fight in wars dozens of managed to return home but many others are believed still t

on tuesdayas investors' reassessed the risk of an all—out conflict betweenthe united states and iran, while wall streeted back to the black as tech stocks climbed. japan is reported to be pressing lebanon to return fugitive ex—nissan boss carlos ghosn, who escaped house arrest in tokyo before reportedly being smuggled out of the country. lebanon does not typically surrender its citizens but japan says it can request his extradition. the news comes as details have emerged of how the former top ceo escaped japan where he was on bail pending his trial for financial misconduct. sharanjit leyl is in our asia business hub, so what have we learned about his escape? that's right, it is quite the tail, isn't it? how he managed to elude japanese authorities and the officials to escape house arrest in tokyo 7 officials to escape house arrest in tokyo? and how much help to get you got a more details that have essentially been reported and how he might have done it ——on how he might‘ve died, but he was out of his house on the 29th december before boarding a bullet train to succour, he was then bundled into turkey b

teaders of iran do next, and two countes' names are mentioned most, and the ags are down the street, united states and israel. at the mosque, the desire for revenge was everywhere, in cases,-- faces, chants, and conversation. this evening in iran, qassem soleimani's coffin was paraded again. among the guardians of his memory, the most powerful men in iran and iraq. their anger and that of their supporters will not dissipate easily. jemy bowen, bbc news, agut. --baghdad. jane: the white house insists toleimani was assassinated to prevent an immin attack on u.s. interests. on sunday, secretary of state rike pompeo, who has been pushing for a toug stance on iran, appeared on all five political shows to make the case that this was a risk worth taking. sec. pompeo: we would have been culpably negligent had we not taken this action. the american people would have saidbe that we would not hav doing the right thing. >> is it that eminent from the threats he was putting together so big that it would have been seen athat kind of religions?-negligence? sec. pompeo: we made the right decision. jane: some demo

state. on the streets of the baghdad hotel around the assassination of general concepts so the money by the u.s. was really sent shock waves through a large iranian american community in california. that's that story from the sensuous. well sensualist is home to more people of iranian descent than in any city other than tehran the crisis over the assassination of general qassam soleimani has cast a fearful shadow over the sunlit streets there's a lot of fear and anxiety and just worry about what's to come people are worried about yet another war in the region and in their homeland impacting their family and loved ones in a farsi language book shop on westwood boulevard proprietor sam begs the day says president trump is only interested in his own political ambitions for reelection he's trying to make it a lot at the media at least and because of that he made everything on safe at holborn president tom is not a military president thrawn is not a politician mini be he was a businessman he doesn't understand anything he's brainless travel agent michael amir he says the crisis has affected his

streets. the state's resources security forces answer to them as you can see but there is the fun and there's defiance in the streets as much as they are firing tear gas it's very difficult to bring their using water cannons and yet people are still in the square . to all these protesters that's managed to interview a few of them. who appear to be regular people they've been testing regularly for the last 4 months or so but other elements within. this crowd who perhaps has been sent. by these various sectarian elements you tell us about to stir up trouble. well yes this is this was the fear is especially a few nights ago when they were running battles outside the central bank and become a commercial district in the center of beirut when banks were bound the life cash machines were were destroyed what if there were 3 different groups taking part in that protest action you have the anti-establishment protesters has crossed the carrion movement but you also have the leftists who were venting their anger towards capitalists but you also have supporters of the ruling alliance. party in power the fr

states. protesters took to the streets across the united states on saturdayay to condemn the kikilg of qassim suleimani and protest against a u.s. war with iran. the protests were organized by the groups code pink and answer, that's act now to stop war and end racism. from coast to coast, crowds gathered in washington, d.c., seattle, chicago, denver, philadelphia, san francisco, and here in new york city. this is rachel hu. >> very serious when we talk about work, we cannot ignore the reality of how many lives have been lost in iraq and iran. we are talking about all of the people on the ground who are dying. we can't forget that. fundamentally, all of these things are not only at the war, but serious consequences and carnage for it. amy: president trump's decision to sharply escalate hostilities with iran comes as president trump's impeachment process is expected to o heat back up this week now that congress has returned from its winter recess. the democratic-controlled house and the republican-controlled senate remain in a standoff over the impeachment, with house speaker nancy pelosi refus

state land. the office building on 2nd street in downtown san jose already identified several months ago. it's vacant, however there is competing interest for this property. >> i know that san jose state has been looking at that site for permanent housing and the state has allowed them to take a look at multiple sites that the state owns also for permanent housing for professors and faculty and stuff. >> the other potential site is the gilroy armory which is being used as a cold weather shelter part of the year. the governor's plan is to link shelter residents with mental health and drug treatment services, however, contributor phil points out that could be hard sell. >> you have to stay sober, you can't take your dog, this or that, you get no, i don't want to go, i feel safer on the streets, i'm more comfortable on the streets. >> the governor is talking about a budget of 750 million or possibly up to $1 billion statewide. san francisco spends $300 million a year with limited results. oakland mayor libby schaaf reacting to the governor's plan. >> to come forward and lead on the crisis of