this is the terrible long-term risk of brexit. people say they will be disillusioned if brexit doesn't happen. personally i doubt this if it is the result of the fresh say on the final deal. even if that is true, the biggest resolution will be for those who voted for brexit because they feared the future shaped by free-market globalization, realized they are now conscripts in an adventure to embrace it. this is the also responsibility which now rests with parliament. this is the moment where every mp is -- this is a decision like no other. sitequires each member to the test of leadership. it means voting according to conviction and not according to the wind. only parliament can now change the direction of this process. only parliament can ensure a meaningful vote on the terms of a new relationship with europe before we leave by demanding those terms are written with clarity and not with fudge. only parliament can get back to the people the final say on the terms the government negotiates. members of parliament, each and every one o

at the end of this term we will know more about how the solicitor general did in the cases where the government change positions were probably more importantly we will know more about where justice gorsuch's on so many of these important issues. not like we have a term where we will learn justice gorsuch's view on but by the time the term is done we will know a whole range of issues and important issues the court is going to face over the next decades of thank you very much. [applause] knee ixtoc a boxer. his bobbing and weaving and punching. it's all an act. i interviewed his top aide for 26 years when she joined the organization. there were only seven other employees that she knew better than anybody at on the business and social side and she said there are to donald trump's. one is the one you see on tv who makes these outrageous comments and even if it creates negativity he still becomes the center of attention every day and conversation and for the media but there's the other donald trump the one that insiders know who's just the opposite. he's thoughtful. he listens. he's carefu

at the end of this term we will know more about how the solicitor general did in the cases where the government change positions were probably more importantly we will know more about where justice gorsuch's on so many of these important issues. not like we have a term where we will learn justice gorsuch's view on but by the time the term is done we will know a whole range of issues and important issues the court is going to tion.over the next decades of talk about the state of politics and took questions for just over half an hour. >> i am honored to introduce michael mukasey to discuss restoring the rule of law to the department of justice. judge in the case he was appointed by president ronald reagan to serve on the new york bench in the southern district of new york. he served as a district court judge from 19882006 and from 2000 to 2006 he served as the chief justice of the southern district leaving that corporate a footnote he was succeeded as chief justice from the honorable campbell would who is currently handling som

ipartisan gerrymandering is the most important case before the court this term. the most closely watched is the clash between these two. it's fascinating because it says important things about free speech and exercise doctrine. beverly champion free speech and same-sex. >> marriage and puts them on a collision course so exactly how the court resolve this case will be fascinating to watch. one thing i'll point out, if you look at the transcript from the argument, one passage in particular where justice kennedy is questioning the solicitor general of colorado, one of the commissioners suggested the commission taking action against the baker was intolerant of the bakersfield. not just that they overrode the victim acres view and took the position that the colorado law trumps them but there really was a degree of intolerance there and just as candidly very poignantly asked the solicitor general, has the commission ever disavowed those views and the solicitor general colorado said no, the commission didn't have an opportunity to disavow those views and justice kennedy

i prefer we stay with the term device. all the other agencies participating are playing a game of semantics. let's just stick with device. >> okay. commission melara -- >> actually, me. >> we're on a different monitor. >> sorry about that. does yours say melara. >> they both say melara. >> commissioner hirsch. >> in this case i feel consistency runs into credibility and to have credibility with the public we need to be honest about what it is and it's a weapon. we'd never call a gun a device or a knife a device. we'd never call a baton a device. i think folks expect us to be fair and honest and a call it a weapon. >> thank you, commissioner hirsch. commissioner de jesus. >> i have to agree with commissioner hirsch. if the manufacturer calls it a weapon that's what we should call it. i may have been called a device many years ago. i think the taser company has changed its name and called it a weapon and we should do so too. >> commissioner: any other comments, commissioners? -- i can take a straw poll. it's just a straw poll

could you explain what the term means? ms. nurridin: there is a lot of different definitions of what counts as eugenics. some of those definitions include the science of human improvement through better breeding. it as theined self-direction of human evolution. at its core it's about a set of beliefs and practices about improving the quality of individuals and populations for their collective future. susan: is it always controversial? ms. nurridin: it has been, yes. it is a tough call because there are a lot of questions of when do we sort of go wrong with eugenics. a lot of historical actors i look at in my work really believed there was a right way to do eugenics and a wrong way to do eugenics. nowadays it is a bit more controversial because of the types of associations we have with the term. the questions never really go away. the idea we can improve people on a biological level is still inflected in a lot of scientific practice. susan: as you pursue your phd you have a particular area of interest. would you explain what you

and in the middle term the question is going to be how diesel really works with folks wagon and how someone who is such a man of vision and ready to make substantial changes is going to get along with the board and such a large company that is like a big looming ship it's slow to move and respond to change ok that's. being automobile manufacturer let's see how that road ahead looks thank you very much for your analysis both of you there. and nice doing business with you i'll see you again very soon here on the gulf. coast. you haven't paid your brain gets. your child just received that bad grade. moskos monitoring its citizens with the government. and a hundred and sixty thousand surveillance cameras is russia misusing the small fence continues to control its people. next. time for an upgrade it. grows all by. house with no move. designed highlights you can make yourself. trends tips and tricks that will turn your home to something special. brace yourself with g w interior design channel on youtube. we make up over a week what tells us is that under budget we are the seven seven

the longer-term rates are holding relatively steady. ey are very volatile from day-to-day and we to week, but the consequence of this is the will curve is flattening. when the yield curve flattens, it begins to reduce the probability of all of those -- not just banks, but all of those that are lending short and borrowing long. so the change in the shape of the yield curve is a symptom of the prior reduction in the reserve monetary credit aggregates. it also serves to reinforce the significance of the fed's actions in slowing down economic growth and inflation. shery: what about the significance of more stimulus and spending? diminishingof returns, kate growth when you have ballooning debt? lacy: that is another excellent question. it is very germane. a very just enacted significant increase in government spending. there was also a tax cut that took effect in january. these are going to be financed by debt. basically, what is happening is those within the economy that are benefiting from the tax cuts and the increase in government spendin

. >> so you, interestingly, the terms of the -- what do you call it? the terms of service is a legal document which discloses to subscribers how information is going to be used, how facebook is going to operate, but you concede that, you doubt everybody reads or understands that legalese. those terms of service. so is that to suggest that the consent that people give subject to that terms of service is not informed consent? in other words, they may not read it and if they read it, they may not understand it? >> i just think we have a broader responsibility that are what the law requires. >> i'm talking about -- i appreciate that. what i'm asking about in terms of what your subscribers understand in terms of how their data is going to be used, but let me go to the terms of service under curve app number two, you own all of the content and information you post on facebook. that's what you've told us here today a number of times, so if i choose to terminate my facebook account, can i bar facebook or any third parties from using the data that i had previou

used his mixtape to explain the conspiracy theories attributed to the term for. the way have to be found present a rothschild theory has nothing to do with the times definition of what it allegedly means according to wikipedia it's just wordplay and all he sang is i'm the boss in frankfurt nothing more it's definitely problematic it just serves to reinforce the anti semitism that's already prevalent among young people. didn't invent the roughs child theory but the popular rapper is disseminating the term to his song. is the dumbest mechanism of social criticism but the most relatable i'm doing badly financially and socially that has to be someone's fault so i find someone who's really well off to play that's not to listen to naturally that isn't the way it works it's not a matter of tracking down people who are responsible for your problems and holding them accountable and then everyone's better off that's nonsense the world just isn't that simple what type of worldview do rap songs convey by a video as high. really problematic in it the wrapper battles the evil f

about whether a grant recipient is in compliance with the terms of the grant. there is first administrative procedure that takes place. that process is undergoing. there is back-and-forth about the compliance and we are litigating those issues in the district court. i work -- the administrative process had not concluded it is still ongoing with parallel litigation going on at the same time in the district court. >> we know from virginia versus american booksellers that you can have action with a threat of prosecution. we even have a threat of prosecution. we have a lot of statements being made by the press and others that he wants to withhold grant money sanctuary cities. what do we make of that? >> i think that is right. obviously there is no enforcement action that is taken place. like the anchorage case. there was no action taken. no action threatened by the attorney general or secretary of homeland security for their charge with the study of law and to see what restrictions they might be able to take place. the attorney general did that and he has impose co

. >> so you interestingly, the terms of the -- what do you call it the terms of service is a legal document, which discloses to your subscribers how their information is going to be used, how facebook is going to operate. and but you concede that you doubt everybody reads, understands that legal louiselegalesethat terms of ser. is that suggest that consent people give subject to that terms of service is not informed consent? in other words, they may not read it and even if they read it they may not understand it? >> i just think we have a broader responsibility than what the law requires. so,. >> i'm talking -- i appreciate that what i'm asking about in terms of what your subscribers understand in terms of how their data is going to be used. let me go to the terms of service under paragraph number 2. you say you own all of the content and information you post on facebook. that's what you told us here today a number of times. so, if i choose to terminate my facebook account, can i bar facebook or any third parties from using the data that i had previously supplied for any purpose whatsoever?

curious tactic when they are trying to get the eu go along with the u.s. in termssuring china. that would be one of the biggest trading blocs they could bring into any action to try to pressure china. we heard from justin trudeau saying significant progress is being made on nafta. what is the latest? >> that is the most significant statement we had from government. trump was saying let's not try to rush things. all three countries have been suggesting they could have this agreement in principle within the week. there will be a meeting tomorrow with the top trade officials of the u.s., canada, and mexico in terms of trying to get through some of these remaining issues, which seems to be right now boiling down to gary and cross-border trade. dairy and- cross-border trade. there is a lot of optimism from everywhere but the white house. haidi: thank you so much for that. our editor there in washington with the latest. let's get you an update on the markets. talking about this to and fro when it comes to trade. it does not sound like trump's rhetoric has changed, but in

doesn't that term of service conflict with the ftc order? that this term of service was in fact provided to facebook, and you'll note that the ftc order specifically requires facebook to protect privacy. isn't there a conflict in there? it certainly appears that we should have been aware that this app developer submitted a term that was in conflict with the rules of the platform. what happened here was, in effect, willful blindness. it was tedious and reckless, which, in fa ct, tedious and reckless, which, in fact, amounted to a violation should ftc consent decree. would you agree? no. my understanding was not that this was a violation of the decree. i think we need to take a broader view of our responsibility around privacy decides what is mandated in the loss. here is my reservation tonight apologise for interrupting you, but my time is limited. we have seen the apology tours before. you have refused to acknowledge even an ethical obligation to have reported this violation of the ftc consent decree and we have letters, we have had contacts

terms of service. so is that is just that the subjectthat people give to the terms of service is not informed consent? they may not read it? unit they read it they may not understand it? broadernk we have a responsibility than what the law requires. >> i am asking about what your subscribers understand in terms of how their data is going to be used. let me go to the terms of service under paragraph number two, you say you own all of the content and information you post on facebook. that is what you told us here today a number of times. choose to terminate my facebook account, ken eibar facebook or any third parties from using the data i previously supplied for any purpose whatsoever? >> yes, senator. if you delete your account, we should get rid of all your information -- we do. what about third parties, do you some of that underlying information to target advertising? do clawback that information as well? >> this is an important question. there was a very common misperception about facebook that we sell data to advertisers and we do not sell data to advertisers. >> you clearly rent it. >> what we are

when you type up the term, what comes up next? >> we continue to maintain cross references so people can discover works and we never add the text of the actual work. we did an extensive survey of opinions around and they proposed on authorized immigration as well as well as non stcitizens and they get to full terminology use in the u.s. code trying to make it consistent as possible. >> thank you. >> welcome. it is a pleasure to have you here and thank you for bringing all of your people here, mr. sweeney and i am not sure how far all around the room, i guess. welcome and thank you for taking the time. i do want to thank you for playing host of the congressional dinner and not only a good way to get us together in a bipartisan way but to see the beautiful venue that you call your work space and i obviously do every chance i get tell visitors they need to go see the library congress. it is the most beautiful building in washington, d.c. so you mentioned that you got 93 million visitors to your website last year? >>> y > >> yes. which

we would expect the lease terms would require the removal of them at the end of term if the port so choose. that's something we typically do. the electrical upgrade to the supply would be an unhaensment, and that would remain. >> but i guess if before the term of the lease is up, is expired, for example, on 314, if the plans that are coming in, and maybe it's accounted for, but i guess what i'm thinking of is if we need to have them moved, would there be provisions that would allow them to moffat their expense even if they've done the upgrade, for example. >> well, it should be part of the negotiations, i believe, that whether we consider the -- the possibility that they'd be asked to move within a certain time frame would undermine their ability to amortize their investment, but we'll certainly consider that. >> and again, this is really an evolving area. it's exciting and i'm pleased we're at the forefront as a city agency, you know looking at how we can offer these opportunities. knowing how rapidly we're seeing some of these changes, it -- have we figured out a way of allowing or encou

he was the acting solicitor general in the first obama term. he is representing the state of hawaii. he is representing all the challengers who say they should be struck down. host: hasn't the supreme court look at the travel ban? guest: i feel it we went through this last year. preliminary a injunction. the supreme court said we are going to act in a way -- they issued a short opinion and found a neat way to split the middle in a way i did not think you could. i think they did not want to way into soon, too much on one side or the other. john roberts is inclined to find a middle way to decide cases. they allowed the travel ban to go into effect, except for people who had a bona fide relationship, which in english aant that you had to have close relationship. suppose a husband and wife the situation. the wife is in iran, the husband could say i want my wife to travel and be here and see me. or utah at a university. so they said we are going to exempt people who had a close .elationship with somebody the was a way to allow second travel ban to go

for the purpose of justice expressed concern many states and localities were not compliant with the terms of 1373. against that backdrop 2017 executive order instructed the atty. gen. and secretary of the department of homeland security, the two cabinet officials charged with enforcing session 1373 to utilize legal authority to enforce the statute. including authority to place conditions on grants with compliance with the law 1373, it does not rewrite the law, it does not instruct justice or dhs to engage in unconstitutional activity. the executive order does just the opposite. at every turn the order states the order shall be implemented consistent with law and the atty. gen. has reconfirmed in court and directive to the department. the district court aired in three fundamental respects. the first is the district court enjoying the order before any action was taken under it a directive to two cabinet officials to use their discretion to impose grant locations where appropriate. none of that happened. because none of it happened, but court should view this as a facial challenge to the exe

i was less concerned about the lower long-term interest rates than others were. i think there's a couple of restructure or that are unrelated to the cyclical part of the economy. and that would be why you would be worried about it if you thought it was predicting something on the real side of the economy, recessionary pressures. i didn't see that in the data. >> hello. i'm from the bank of canada. so i found a very interesting for the review of the monetary policy framework. i found that very good. you mentioned targeting as well as higher inflation rate. one thing that i noticed that wasn't there was the interaction between modern policy and -- [inaudible] when discussing framework the love interest rate could have implications for financial stability. i would like you to comment on that, how the fed is thinking about that, the framework. >> that's a big issue. the i have to call them at the bank of canada because you guys look every five years after target and into the kind of systematic evaluation of it. that's something i think we should aspire to. i think tha

will the democrats take action if they sweep the mid-terms? >> look, i think this has an impact on the elections. i think the american public understands exactly what's taken place. since this investigation was shut down, we've learned of the president's attorney talking about pardoning some of these people who have been indicted, people who are cooperating? what was the intent of that? to try to throttle the investigation? i trust the american public to understand what the white house is doing, obstructing this investigation. >> let's turn to the growing calls for epa administrator scott pruitt to step down. i'm reading the wednesday report, he called him morally bankrupt, he epitomizes the swamp. should he still have a job? what's the most egregious thing that he's done? what warrants his firing? >> i think the blanket denial and blaming his staff for everything that went wrong. look, if you didn't know what was going on, then you're incompetent. if you knew what was going on, you're corrupt. perhaps what's most upsetting for me is, under que

facebook admits it didn't read the terms and conditions of the app that improperly shared the data ofons of its users. and tsb drafts in outside technology experts as half its customers still can't access their accounts online for a sixth day. and coming up on bbc news, deontay wilder makes an offer of $50 million to fight anthony joshua. both camps will meet to discuss a potential deal tomorrow. good afternoon and welcome to the bbc news at one. the prime minister, theresa may, has said she has full confidence in her home secretary, after amber rudd faced further calls to resign. it's emerged that the home office did set targets in 2015 for the removal of illegal immigrants. yesterday, the home secretary told mps that targets didn't currently exist during questioning about the problems facing members of the windrush generation. our political correspondent jonathan blake has the latest. another day at the office for the home secretary under pressure. did your departments at regional targets to re m ove your departments at regional targets to remove migrants? that and other questions l

bring in china, the united states, just in terms of further talks. where does japan fit into this? establishingrms of a peace treaty to replace the armistice that was signed at the end of the korean war, japan will not play a role in that. that will have to include chinese and u.s. influence. as far as the denuclearization talks, japan was part of thee now-defunct t six party talks tt failed seveveral years ago. given japan's very close interests and the fact that it has s a lot to lose if the denuclearize efforts fail, i abek tokyo u under shinzoo will want to play a very active role in those denuclearization talks. molly: justin mccurry joining us from tokyo. in the declaration that came out today, there will be talks of having reunions for families that were split between north and south korea. there is also talk of the demilitarized zone, the dmz he coming a zone of peace. that was just mentioned. the dmz is a four kilometer strip of land that separates the two korea's come often presented as a desolate and dangerous place. bruce harrison has been

that could goose the we correspond are you short term. but i think you have got at least two years in the united states. the view of europe is it's got longer to run. the banging system was more troubled. the unemployment rate was 8.5% versus 4% here. germany is maybe different but the other countries have a longer way to run. so there is a lot positives about europe that has longer to run. i think this is the most of exciting new initiative we have. i think we can almost double the whole sides of the firm in terms of assets under management. the understand industry is $30 trillion asset under management. bigger than 401ks. bigger than institutional pension plans with almost no alternatives. they are in a bit of a perfect storm. they have liability out there and they are not earning any money on their balance sheet and it's tough. so we can solve their problem for them. they are problem solvers. maria: that's great stuff. that could double the size of the firm. this one business alone, understand. tony, it was great to have you on our prog

over the longer term perspective, the geopolitical least inve proven, at my career, to have a short-termt on stock prices, but almost no impact on businesses. our history has been to just ignore the noise and stick to the business side and go bottom-up. one security at a time. paul: i want to go back to an earlier point you made about how some people do not even know banks are made to pay interest. this environment of rising rates , do you have any concern for some companies that might be a little too loaded up on debt? abhay: yeah, i mean, there is some concern that corporations, especially in the united states, have gone a little to the extreme in terms of borrowing. from where we sit, most companies have engaged in borrowing in the united states have learned really from the past, the financial crisis, and have turned out there debt maturities, so they will not get in so much trouble if there is some move up in interest rates in one year. that is something for that a lot of companies learned in the last go round, the financial crisis. the leverage is definitely there. it is something w

once we actually see the terms of the in the terms of the deal in october and november and mps judge will vote for the final say. and it will be led by my party, the labour party, which is the people's party. we are all in favour of democracy. and i think we will be spearheading a move towards a popular referendum, which will be backed, i think, by public—spirited people from all the other parties as well. and there is still time to do it before we crash out of the european union in a mistaken way in a year's time and trash ourjobs and the future of our young people. chris fawkes has the weather. the warmest weather just around the corner. it will get warmer towards the middle to the end of the week with temperatures hitting 25 degrees around london. widely, temperatures into the high teens to low 20s at the very least later this week. today, a fair bit of sunshine across scotland. snow on the hills, perhaps not lasting much longer given the temperature is rising. further south and west, we see rain working in. that was devon earlier today. radar picture picks up this rain and not ju

we will contact is on, the specifics, in a moment. in termsthe big picture, it seems investors got nervous around technology on a number of fronts. nervousness around chips. another was nervousness around regulation in the wake of the facebook scandal. have we really learned anything in this quarter's results that tell us anything about whether we should be nervous? it seems too soon. got to separate things into broader areas. one being software and the other being hardware. we have seen software companies report. the amazon, google, facebook. they seem to be doing pretty well. the levels at which they were trading at the start of the year were slightly mind-boggling. that's going to change a little bit because the earnings are quite good. intel doing seeing quite well. nejra: on amazon specifically, investors, are they convinced that it could grow profitably? alex: i think so. if you look at the fastest-growing part of the business, it most profitable. insaneervices, they post growth margins of 80%, and that's where the profit is coming from.

yes, that was the term used on that panel. have to admit, he said, i do not want to follow the big bang. we in china like gradualism. they like it slow and steady. he went on using that analogy, saying we do not want any big or little bang. he said they are going to move forward on these opening of pledges made yesterday by president xi jinping in his keynote address to the forum. i will admit i was skeptical yesterday when i heard the speech from president xi jinping , because we have heard a lot about opening up financial service sector, we've heard about opening automobiles. we heard about intellectual property right violation protections. but we haven't got details. less than 24 hours later we are getting a lot more details, saying the caps on brokerages and security firms are going to be scrapped within three years. the insurance companies are going to get foreign ownership cap. we will get new measures on may 1 for the quadrupling of outbound and inbound on the shanghai hong kong stock. and more opening deadlines coming j

and in the middle term the question is going to be how diesel really works with folks' wagon and how someone who is such a man of vision and race and make substantial changes is going to get along with the board and such a large company that is like a big looming ship it's slow to move and respond to change ok that's. being automobile manufacturer let's see how that road ahead looks thank you very much for your analysis both of you there. and i stay in business if it. was . the flowers are everything to him gold. daniel almost has dedicated his life to. this is why i love he creates huge stunning floral installations. your imax meets the wilds most passionate florist. your romance. with different languages we fight for different things that's fine but me all speak up for freedom freedom of speech and freedom of press. giving freedom of choice global news that matters d. w. made for mines. there is one way to survive where it's like hide your identity. we are scared we are very scared we have to state you know we are to fight for this fight against terror . bangladesh what is the

long and just keeping the seat warm like my opponent susan davis how often do your passengers use the term the swamp. well when i wasn't it were driving it was in the swamp. more often than you would expect like so many congressional districts yours is thought to be

of securing the longer term deal. at those who have agitated for brexit for a generation can live with effectively the status quo for a period of the best part of two years because it allows them to secure their prize in the end. but one of those things that doesn't change is the common fisheries policy. the government must have seen that coming? i think they did. there is a curiosity around fishing because it is symbolically hugely important to the context of brexit, whilst economically relatively unimportant. it is a small sliver of the overall uk economy though i'll be it concentrates in particular areas. in fishing communities their industry has decimated and many of them hugely critical of the fishing policy. they had hoped that there might be some transition but they would only have to stay within the confines of eu fishing regulations for perhaps nine months or one year after the pointer brexit. after the point of brexit. they now know it is going to be nearly two years and are deeply angry. they are certainly u

talking about the business they own, they were long-term and weren't getting caught up in the noise. t investment this as ansing opportunity to read i diversify rather than panicking. nejra: that is interesting, about their own businesses. are they concerned about corporate sentiment in general? that any of this volatility in markets, any concerns that could feed through into global growth might affect corporate sentiment and business investment in general, perhaps in the u.s. more than elsewhere? of 2016, the start when we were talking to entrepreneurs and clients to head stakes and own significant stakes in public companies, there was more concerned about sentiment turning into real downturn in the united states. this year, not so much. people's own businesses, they see robust demand and hence, were positive with their own sentiment, but very little concern in the client base. the highs and him -- of last year. we haven't seen these headlines play out in broad assessment, we haven't seen them play out with our clients own businesses. nejra: your clients looking to device if i -- div

and the city started to move into the longer terms one. if you recall the lease for the property on bay shore, i believe that it's bay shore, that is a longer term commitment. but of these four that we list on page 11 of our report, the only ones that are absolutely ongoing is master lease program. >> okay. so on your list of recommendations how would you recommend to this body -- how do i phrase this -- which project we should fund, say, in the first year versus the second year? >> that is a little bit harder to do. but if you can identify master lease units, you know, but you may not be able to identify all in the first year. i think that -- this may be a little bit back to the department but i would say that rapid re-housing for youth is a major priority. >> so getting more master leases and master re-housing for youth? all right, supervisor? >> yes, thank you. so i was wondering we have heard a disproportionate amount of money not spent on youth. so i'm looking at this also the option of a youth navigation center that was highly recomme

the story changed over the last week. >> we tend to be longer-term. cannot tell you what will happen a month from now. currencies are going to have countertrend the moves. the currency markets have shifted their focus a little more toward relative monetary policy, so we know the fed is well along in their tightening cycle. i could see the dollar doing better here versus the euro and the yen. we still think em currencies have value. they have lagged since 2011. this will not be a one or two-year phenomenon and the new will roll over and die. jonathan: that two-year spread, bunds versus treasuries, that should be toward the front end of the curve. it should be a stronger dollar story that emerged. the worry is the rate for richie all asserts itself more, and the consensus em trade comes under real pressure. what you think of that scenario right now? >> we have a lot of conviction on emerging markets. we think they offer a lot of value. i do think in this particular cycle, that emerging markets are starting from a better point in terms of currency valuati

and in the long-term debt outlook. they are one in the same problem to a large extent. in total healthcare spending. what proportion of total spending is that. i mention it's pretty high. 55 percent of the budget. it's pretty clear for political reasons. they are largely protected as well. you get all of those aspects in. with a similar experience in the uk when we're trying to have the budget deficit. and you have to have those in other areas of government. and then of course in the longer term the longer you leave that. the problem becomes more difficult. an even greater share of total spending. sooner rather than later. as much as spending as possible should be in any spending cap. they find creative ways to reallocate spending from the nonexempt to exempt functions. they defined government consumption spending. .. .. even if the use had a swiss style rule, i still think you need a secondary type of rule and that's because the swiss roll talks about the year ahead, but because the long-term debt crisis is driven by e

i didn't see anywhere that i an attorney and negotiate the terms, so it was a terms of use. i went on there and used the settings to be as safe as i could be with a presence on facebook. talked about , we all of these proposed legislation. good ideas. hen you were developing this app in your dorm, how many people did you have in your affairs division? exactly. so if government takes a handy fix handed approach to this problem, then we know very well that the next facebook, the to thing that you're going wake up and worry about how you as the to be relevant behemoth you are today is probably not going to happen. probably a place for regulatory guidance. there is a huge place for twitter, awfult, of the other social media platforms to get together to also standards and believe that that person who may have looked the other way when he whole social graph was extracted for the obama campaign, if they're still working for you, they probably at least there should be a business code of conduct that says you don't play favorites. to create a fireplace for people to share their ideas.

and that is that the order has to be judged by its terms and that was not by public statements. and that was the third point i wanted to get to about the error below. the district court, rather than looking at the expressed terms of section 9-a, the rel strant part of the order that was enjoined, the court looked to other parts of the executive order and then at the statements that were made, many were made before the order issued, even before the election last year. some were made by the white house press staff. that obviously doesn't trump, one, what's in the order itself, and, two, how the attorney general has interpreted it. because the united states in court, of course, speak through the attorney general. and the attorney general, one, said in court that our reading of the executive order is that this is a charge to d.h.s. and to justice, to look at our grant authority. and then, two, and there's some question whether about whether that was a binding statement because i gave it in court and it wasn't the attorney general, the attorney general issued a dwrecktive to the depar

so they've kind of quite effectively hijacked the term "fake news" for their own purposes. - the termome meaningless now. it has no kinda analytical purchase. it's basically an all-purpose word for news that you don't like. - [narrator] some traditional news outlets are now struggling to stay afloat as they face new competition with different journalistic standards. - what's frustrating the american people today, and this is the question i get asked more than any other question is, where do we go just to get the facts? where do we go to get the truth? there's no good answer anymore. - a headline that says "pope francis endorses donald trump". fake. "fbi agent who was reporting on hilary clinton dead in murder-suicide." these kinds of stories, which were all fake, but the 20 most shared fake news stories about the 2016 election had 1.3 million more pieces of engagement, that means shares, likes, than the 20 most popular real news stories about the election. - the rise of facebook, google, amazon, and other very powerful consolidating companies, are disrupting the advertising market, an

it turns or the terms but he memo is well and suspender -- is belt and suspenders. with respect to relief my friends conceded there's no need for a nationwide injunction to get them relief and the point is that the injunction should stand statewide but no reason why they neat statewide relief either. certainly an injunction tailor he to the grants received by santa clara and san francisco to fully remedy their injury. >> the case just heard will be submitted for examination we'll be in recess. >> this court's session stands adjourned. and 15 minutes.