between the u.s. indicating there has been some level of progress in negotiations between the two sides. things like resuming high-level military communication. a representative of the u.s. saying president xi wants to stabilize relations and china saying taiwan remains the key sticking point between the two sides. the outlook for the session, monitoring to see if we see any market reaction. so far, the currency looking fairly stable in the session. we are seeing stocks coming online a little bit weaker. the nikkei down .3%. that is against the backdrop of higher treasury yields. a firmer dollar coming through in turn. in japan today, we had the exports number rising 1.6% on the year. the estimate had been for a 1% gain. let's take a look at how the session in australia is faring so far. the eco-point to watch this hour will be the labor market data that is due a half hour from now. it is likely to show a higher unemployment rate. the question is what that means for the rba. the aussie session is being

vonnie: the u.s. reatened with the loss of its top credit rating after moody's lowered the outlook citing wider budget deficits and polarization. joining us is the cio at six era. i know you've been bullish but market gets its first chance to react to the lowering of its outlook. it's the last frontier as they downgraded the u.s.. does this make any difference to the outlook? >> it does not. we have been cautious but what has changed is the fact that the fed is going to cut rates next year and the other perspective is you look at the economy it's going to cool down to a soft landing no gone through the soft landing. housing and manufacturing is already past recession and third-quarter numbers came out at 2.2 percent over year. you combine that with inflation and it is a growth push. markets are worried about the government but yields are going to go between four and 5% which is where it was before the policy so we are not too worried. we are watching carefully but we will get data in terms of increased

the u.s. in recent months. president biden comes into this summit on solid footing for the u.s. to compete around the world. at home we have had the strongest recovery and lowest inflation of any leading economy and created 14 million jobs. we have had 21 straight months of unemployment under 4% for the first time in 50 years. abroad, the president has deepened our partnerships. in the last year he has hosted the leaders of many countries for meetings in washington. he held a trilateral summit at camp david and upgraded our relationship with vietnam and hosted two summits at the white house for leaders of pacific islands. we have taken important steps to protect national security and put in place new rules on outbound investment and updated export controls on semiconductors and continued to uphold freedom of navigation in the region. we are looking for specific outcomes from the meeting november 15. i will not get too far ahead of the meeting and i will let the president speak for himself after

the u.s. is not doing enough to stop israel's bombardment of gaza. take a listen. >> there's only one thing that can really make a difference here. that is that president biden decides to actually use a tremendous leverage that the united states has over israel. to push and secure cease-fire that would entail hostages removed by hamas. biden has refused to use that leverage. has only pushed for much more insignificant measures, that will not make a significant difference on the situation. certainly is not going to alleviate the suffering or get release of the hostages. and at the same time, this status quo, this approach, will further increase the risk of the conflict spreading. and potentially involving hezbollah and lebanon, iraqi militia and iran. that would be a disastrous scenario. that is where we're heading. it is a bit odd to see that biden has so far not used the leverage that he has. >> right. i mean, that is the big concern, isn't it? the expansion of this. it has to be said, the act

u.s. users and redirected them. at the same time, binance allowed some of its most important, high-volume u.s. users to remain on the unregistered binance.com exchange. at the direction of zhao and other senior leaders, employees encouraged high-volume u.s. users to conceal their u.s. connections. including by creating new accounts that obscured their locations. as zhao himself said in the 2019 quote, if we block u.s. users from day one, zhao will not be as big as we are today. we will also not have had any of the u.s. revenue we have had from the last two years. he added, better to ask for forgiveness than permission. over a year after zhao -- after binance publicly announced it was blocking u.s. users, an internal report attributed 16% of its total registered user base to the u.s. that was more than any other country on the unregulated binance.com platform. in the next monthly report binance removed united states label and recategorized u.s. users with a label, unkwn. short for unknown. in 2020, users labored as unkwn re

the u.s. as president biden said, the key is to trust and also verify that china is sticking to their side of the equation as well. all and all, for the markets, a positive development in that things were agreed with the two sides, no deterioration or language, and we can move on in terms of it being a major geo- political event and go back to the earning drivers from the u.s. the handover was positive. we had all of the three wall street inn decisions in the session in the green, and one major mover was target. the stock surged 17% yesterday after posting better than expected results, giving life to the retail sector. we had not as bad as expected retail sales numbers out of the u.s. we will talk about that with silvia later on in the show. that meant the handover was positive, and less so in the asian mix. it's leaning to negative today. let's go into the individual boards. up 0.4 of a%. one name we are watching closely is seamans. the stock has been closely watched. stock is up 5% after bea

even though the u.s. capitol market is organically in response to the funding needs that i referred to, establishing a appropriate institutions was critical to sustain it. the establishment of the security and exchange commissions, the fcc and in the 30s played a pivotal role in suppressing statests to fragment security markets, if they could. we have the european securities market authorities. some of that is not single. supervision remains largely at the national level. enforcement powers are often split across national regulators. so creating a european secretary by extending the powers, could be the answer, or part of the answer. it would need a broader mandate, including direct supervision and market infrastructures such as the eu central counter parties. you'll be hearing from the president from the french competition authority later on. that scenario, the combination of national authority or super national authority at the european level has made some really in roads into that occasion of authority

build oddly -- in the u.s. bill dudley, if the data called for tighter policy it will be central banks and if that happens, the u.s. would need that pressure to transmit. that could be a debate at the bank of england and the ecb. kriti: it is a fascinating story and it could turn the brief kind of reprieve we have gotten in the bond market as well. jamie rush, we thank you for your analysis this morning. as he was speaking about where the fed might lead we should mention the atlanta fed president will be joining us for an exclusive interview. you do not want to miss this at 7:30 p.m. london time. 3:30 p.m. in new york. do you hike in the face of the geopolitical risk? that is the part of the equation i want to dive into next. coming up, idf troops encircling gaza city as israel insists a is not on the table. this all as u.s. secretary of state antony blink and returns to the region. this is bloomberg. ♪ kriti: welcome back to daybreak europe. antony blinken is set to land in tel aviv shortly to meet with prime m

not only is the u.s. e most important and valuable actor in the region, but also reasonable in moderation. that is why we have to employ those voices. secretary blinken is the person who talks to all sides which is essential at this moment. i think he will be in the position to lead the situation tomorrow over the nato summit. >> let's talk more about the nato summit tomorrow. in addition to the middle east, ukraine is top on the agenda there. what do you think nato should do next with regard to the role with the conflict in ukraine? >> the situation is continuing and the truth is it is not going well. it has been a hard conflict after the russian aggression against ukraine. it is a dreadful situation. again, what i think we should do is try to be responsible concerning the aid against ukraine. we have backed ukraine, but the truth is we should try and further coordinate our activities in favor of ukraine and the truth is that because of all other regional crises, there is some sort of attention span. the

seeing that in some ways the u.s. etting a little more than the chinese side, but what xi was trying to do also was make it seem like china was trying to do more to placate the business community and make it more friendly and less the hostile places some have been warning about with the intentions of the crackdowns. time will tell whether or not that is going to work. kriti: i have to say panda diplomacy as the all of branch between china and the united states, i did not see that circa five years ago in the middle of the trade war, but it feels like there are still quite a few sticking points when it comes to military, technology. what caught your eye? >> what you mentioned earlier about the dictator mark -- remark, folks are not going to be happy. it will be perceived as insult re: -- insultory, but you have u.s. presidential election next year and all of the republican candidates are talking about will be tougher on china, the chinese will probably let it slide. on fentanyl, there is a deal but there is a deal during

the u.s. and indonesia, we will announce the elevation of our relationship to a comprehensive strategic partnership. the new chapter that will drive innovation and prosperity and cooperation for both our countries. the president's will discuss a range of key issues, including the clean energy transition, critical amended -- minerals. wednesday president biden and president she will meet in the bay area for a summit. we anticipate the leaders will discuss some of the most fundamental elements of the relationship, including the continued importance of strengthening opening lines of communication and managing competition responsively so it does not veer into conflict. the way we achieve that is through intense diplomacy. that is how to clear up misperceptions and work where interests overlap. that is why in recent months i have had the opportunity to meet with the director three times and why china sent its senior officials hewed to the u.s. in recent months. president biden comes into this summit

ultimately the people of u.s. cyber command and nsa understand the gravity of the immense responsibility placed on them and have sworn an oath to the constitution to carry out their duties in a manner that you, their neighbors, friends, and family would be proud of. those duties are important. authorities like section 702 of the foreign intelligence surveillance act are essential for our people to carry out their most critical missions. section 702 has been described as the most transparent surveillance authority in the world. let me explain what 702's. it's illegal approval for government to collect communications of individual foreign intelligence targets located outside the united states that use u.s. electronic communications services like email and telephone. let me say that again. a foreign targets outside of the united states. it is also important to understand that rigorous oversight from all three branches of government. i believe 702 collection is the most important authority we use today day in and day o

the u.s. market represented 20% to 30% of the company's potential revenue. serving these u.s. customers meant that bianance was a u.s. financial institution and u.s. financial institutions must comply with u.s. law. he understood this. he understood the company was required by u.s. law to register with the treasury department is a money services business and they understood that they were required by u.s. law to implement an effective anti-money laundering program. they failed to do either. instead, they concluded that compliant with u.s. law would stifle their efforts to grow the profits of bianance, marketshare, and trading volume. so rather than comply, bianance facilitated billions of dollars of unregulated cryptocurrency transactions. it willfully and able to millions of dollars in transactions between american users and users subject to u.s. sanctions, and its platform accommodated criminals across the world to use bianance to move stolen funds and other criminal proceeds. bianance changp

the u.s. ntral bank will soon be forced to address recession pressures. >> accommodative is 250. if you start from 5.5, you need to accommodate that is where the market debate is >>> warm welcome to the program. pleasure to be here with sylvia this morning let's start with the iaea. we have a fresh monthly report from the agency. here is what they have to say. the i aaea raised the global oi demand to 930,000 barrels a day up from 880,000 per day previously notable jump in demand growth expected in terms of the saudi-russia cuts, it is set to keep the market in a deficit through year end. chinese demand rose to 17.1 million barrels per day in september. we are tracking the strength of the chinese recovery the iaea says there is no material impact on the supply flows from israel-hamas war. that has been reapplflected in e oil price which has staiyed contained. really investors have taken the israel-hamas traders conflict in stride now the iaea, sylvia, suggesting no material impact that would ma

now, the u.s. and world, of course, moved beyond korea in what was a new cold war since the fifties and into the fifties and the sixties. hoover's a strain, as it does become less active. it's felt, publicly speaking, hardly at all. it seemed by youthful new rights led by one of hoover's admired newest admirers, barry goldwater. but as always, appearance belies realities as historians are finding today, hawkish echoes of mccarthy is no substitutfo victory did not entirely define new right. conservatism. so too, i'm finding that less sensationalized voices reinventing restraint in the late cold war age of chronic interventionism. hoover was, of course, a beloved republican partyigure until his death in 1964. he was constantly being asked to give the keynote at rnc, republican national conventions, but he never offered restraint or. another doctrine as a defining aspect of his career. true to his engineering spirit, hoover wasn't one for doctrinaire purity, although i guess we could argue debate about

the u.s. cpi print, the key release of the week. garfield reynolds joins us. there is already so much noise and positioning and speculation going into the rest of the real -- the rest of the year and 2024 in terms of the fed. our markets getting ahead of themselves? garfield: markets are mostly trying to do what they usually do, come up with what the future will bring. you have a very divergent set of outcomes. vonnie was talking about the contrasting calls from analysts. in a lot of ways what they are doing is teasing out what the market is trying to pick for the fed. if you have a soft landing scenario, the goldman sachs view more or less makes sense, but certainly the idea is you don't get rapid fed rate cuts. ubs and morgan stanley are saying just as in previous times, once the fed has pushed the economy into recession, they will have to cut rates rapidly. if you think a recession is coming, those sort of rate cuts, 150, 200 base points, those make sense, but the question is the timing. som

it would take a lot for the u.s. to get involved in an actual war, by the way, even though israel is a non-nato ally, it doesn't necessarily mean that the u.s. would send troops into a war. i don't see that scenario playing out anyway. >> thank you both so much for the time. >> thank you. >> of course. >>> still to come on "cnn news central," donald trump is infamous for giving his rivals unflattering nicknames. now president biden is trying one out on him. we'll explain. >>> plus, from west virginia to the white house? democratic senator joe manchin says he is not running for re-election, so does that mean he's running for an even higher office? >>> and later, a long journey home. how the three giant jet black pandas are doing after their fly from here in d.c. all the way to china. we'll be right back. >>> vice president kamala harris making it official today -- filing paperwork to put joe biden on the 2024 presidential ballot in south carolina. that state will lead off the democratic primary, and it's part of the re

to see the u.s. is supporting israel, despite the large tonnage of bombs that israel is dropping on the gaza strip, to global south audiences, it can feel like are ducks of imperialistic war. to be clear, hamas committed a massacre in israel. i don't think that's slur in china. the sense that beijing's leaders are presenting a source of power in the world, that can offer alternative to what the u.s. offers and has offered in the middle east. that's appealing. and to speak less broadly on the global south, among arab populations, that the chinese government has been targeting. certainly this, has great appeal to see that beijing is not taking hamas' side. but has refused to condemn hamas and has criticized israel and the u.s. for what beijing says is going beyond the measures that would have been appropriate in such a case. >> thank you so much for joining us. greatly appreciate it. >> thank you for having me. >>> coming up, hospital patients in gaza struggling to survive the war. and so are their doct

president biden says the u.s. china are working to strengthen ties at the asian pacific economic cooperation forum and a major river in crisis. a look at whether a vital lifeline for several asian countries can be saved. ♪ hello and welcome to world news america. israeli defense forces say they have found the body of a hostage in the gaza strip. yehudit weiss was one of the people abducted by hamas during attacks on october 7, taken from her home near the border between israeli and gaza. weiss was a 65-year-old cancer patient whose husband was murdered by hamas in the october 7 attacks. she was reportedly found in a building adjacent to the al-shifa hospital. israeli forces have been carrying out what they call targeted activity within the hospital. telecom firms say phone and internet services are not working due to a lack of fuel and says all fuel supporting their generators has run out. earlier i spoke to the bbc's nick beak. nick, thanks so much for joining us. we have reports from the i.d.f. that they've disco

we want the u.s. to be more engageed economically, and i think ipath has made remarkable progress in the last 18 or so months and hopefully we'll be able to reach some substantial conclusion by next month. i think that the administration understands when we say that we want to be frank with both sides because there are significant accounts that all countries have both the u.s. and china. we want to be friends with both sides and we'd rather not choose a particular side. but when they are specific issues, we will have to weigh in depending on our national interests, depending on the principles behind it and depending on the circumstances. and no two countries may take the same position. you look at singapore versus some of our counterparts, the statement that was made with regard to russia and ukraine, israel, hamas, you'll find that opposition is somewhat different, ok. maybe it is closer to what the u.s. would position itself to be, but we come up with this position stuff because we want to please one

the u.s. faces a shallow recession starting at the end of this year and stretching into early 2024. other economies we think are also likely to go into recession. the u.k., one of them. china faces more problems as they try and bring their property bubble under control. pull the pieces together and we think that means the global economy next year grows by 2.7%. that is the slowest in a noncrisis years since the early 1990's. but if that is the price to pay to bring inflation back from 10% to the 2% target and bring china's real estate bubble under control, well, it is not that big of a price. haidi: howard marks talked about this recently. is this the seachange where you see rates not coming back to 2%? is the new normal just elevated rates, not inflation a 10%, but inflation perhaps higher than 2% and rates will have to inflect that? tom: that is a really interesting question. there has been a couple of structural drivers of low inflation over the period of the great moderation. one of those i

so, does the u.s. sort of a satisfactory response to the humanitarian responses president biden has been calling for? >> it's in keeping with the conversations we have been having with our israeli counterparts about the need for humanitarian pauses in the fighting. >> i wanted to ask -- in late october you had referred to the fact the administration is not drawing any red lines for israel as the death toll for civilians in the gaza strip has gone up. is that still the case the administration has no red lines? >> that is still the case. >> and loss, you have spoken about a two-state solution, and not so much to the immediate conflict but i wanted to understand coming in, have maintained a policy of recognizing israel's control over the golan heights, your predecessor made reversing u.s. policy for half a century. is that still the biden administration policy that you have -- that you believe israel has -- >> let me get back to you on that specific policy question. i don't want to freelance it from here.

the u.s. tariff commission. he had heard part of colonel house's brain stress at the peace conference. it's called the inquiry and back in 16, hornbeck wrote a book called contemporary politics th far east. and he claimed, and quote, the estion of the peace of the far li with the fate of china. if china can develop strength to defend our own integrity, peace of the orient may be preserved. otherwise the area and i quote again will be a theater of aggression, conflict and redistributi. now, roune issues. hornbeck is free hand on major. he reviews alternatives, recommends policy to the secretary of state. and in the hornbeck is a lengthy memo and the memo calls for an economic by the u.s. and the league of nations. it's probably the most detailed official position paper advocating sanctions. japan would have no commercial interchange with any nation. and hornbeck notes that one third of japan's trade with the u.s. and two thirds with members of the league. the mere announcement of such boycott would cause the japan

both the u.s. particularly the israeli government are making clear that this is not a cease-fire. that this pause is humanitarian in nature, to allow sevillians -- civilians to go from the north to more saved a safety core door to be able to leave some of the fighting, flee some of the fighting to areas where it is safer. the is really government and prime minister -- israeli government and prime minister netanyahu said there will not be a cease-fire until they have wiped out hamas. this is something that has been negotiated some. when president biden was asked about it he said he hoped it would happen sooner. to allow people to leave and also to allow some humanitarian goods and medicine and things to come into that area as well, though that has proven to be a difficult process. shery: please tactical -- haidi: these tactical local pauses come with political significance? >> they do, haidi. it is said even israel, which has been clear about not stopping the fighting, is noting that there is worldwi

the u.s. dollar over five trading days off by about 3% relatively low volatility for their very volatile class. 35,971 currently. ed: the micro focus is on tesla up went five percentage points. at the high of the session of 1.2%. earlier in the morning at the lower the session down 3%. there has been downward pressure on tesla stock in the last 24 hours across two sessions. after elon musk made a post on x the platform formally known as twitter which is being interpreted as endorsing another users anti-semitic post. around the world there has been cascading reaction from policymakers and companies and tesla shareholder specifically two of which we will discuss in a moment. right now tesla is up .5% but it had been down 3% for a second day earlier ended the session. caroline: there have been tesla investors criticizing the post. of course, one that is seemingly endorsing anti-semitic views. more advertisers are fleeing his social media platform. the european commission joined ibm in announcing i

the fbi and the u.s. r the southern district of new york is investigating eric adams campaign finances. on sunday, "the new york times" reported that authorities are also looking into whether adams pressured officials to approve a manhattan housing high-rise. paula sandoval explains. >> reporter: did new york city mayor eric adams pressure foal low new york city officials to sign off on the building that houses the turkish consulate? that's among the list of questions surrounding this probe. the outset sites three different unnamed sources saying the fbi is look sing into the possibili, that mayor adams, may have pressured officials at fdny to sign off on the occupancy manhattan skyscraper that houses that consulate, despite safety issues at that building. adam responding saying that as bureau president, that adams would hear about some of the issues. they would relay the information to officials. a campaign spokesperson repeating what we heard on friday, that he had some of his electronic devices seized.

while trade and investment between the u.s. and the indo pacific benefit people across all our economies including american communities and workers. as we look toward apec later this month let me state unequivocally claims that america is turning away from the indo pacific are wholly unsound. we are deepening our economic ties across the region with tremendous potential benefits to the u.s. economy and with the indo pacific. first, the biden administration is committed to expanding our trade investment with the indo pacific countries. trade between the united states and the indo pacific region steadily increased over the past decade, reaching $2.28 trillion in 2022. it's increased over 25% since just 2019 despite a pandemic dip. indeed trade in most sectors recovered to pre-pandemic levels in 21 a continue to grow. trading computers and electronic goods reached border $35 billion in 2022, including significant imports and exports of electronics. this was the result of complex integrated supply-chain. in total goods and services

the u.s. as well as the israeli government. that's why that's been no safe zone. there's been a call for people to move from the north to the south and bombing continues in south, and gazans are watching it may out in real time. >> thank you. >>> a television correspondent was killed along with members of his family. his home was targeted in an air strike. but it was said there was not any military activity in the area. we want to warn you again some of the images in the report are disturbing. >> translator: it is every journalist's worst nightmare. while on air, this colleague found out his colleague was killed. in utter despair, he rips off his flak jacket. there's no protection of law, nothing. this safety gear, this helmet, it does nothing to keep us safe. these are just slogans. no journalists are protected at all. >> reporter: he and 11 of his family members were killed in an alleged attack. he's among at least 33 journalists killed since the start of the conflict on october 7th, the comm

on wednesday the u.s. assistant secretary of state for near eastern affairs told the house committee the overall casualties may be higher. >> it could be that they're even higher than being cited. we'll know only after the guns fall silent. >> reporter: secretary of state antony blinken had the harshest criticisms yet. >> more much more needs to be done to protect civilens. far too many palestinians have been killed, far too many have suffered these past weeks. >> reporter: on friday the israel defense forces moved deeper into gaza city, targegetg hamas leadership in their center of power. the idf says it has struck more than 15,000 terror targets in gaza and seized about 6,000 weapons. >> near the heart of gaza city our troops are deployed and are preparing to launch additional attacks against hamas infrastructure again, not against the civilian population. they aren't the enemy but hamas is. >> gaza's medical system edging toward collapse faced another danger as israel carried out strikes near hospitals i

if the u.s. ment can find another trillion dollars to throw at the economy, that can certainly keep the party going. rish: i want to get your contrarian views, it's an interesting one because you see the contrarian signal which is when you have a market move that doesn't make any sense. can you just take a dive into that for us? >> one of my favorite contrarian signals is one the consensus agrees a market move doesn't make any sense. a recent example would be the oil price. we've got a new taught war breaking out in the middle east. conventional wisdom would have you think that is going to be positive for oil prices. certainly, after the hamas attack on israel, oil prices rallied for about three days but then promptly lost $10 a barrel amid a chorus that this move in oil doesn't make sense. when you hear the consensus say a move doesn't make sense, it's a strong tell that they are positioned in the other direction. another example of disbelief that the s&p could rally when we hit the regional bank

we do begin tonight with the breaking news. u.s. strikes on a weapons storage facility in syria. the pentagon just a short time ago revealing the u.s. has unleashed retaliatory strikes after iran-backed forces targeted american troops in both iraq and syria for weeks since the israel-hamas war began. tonight, defense secretary lloyd austin issuing a statement, saying the strikes were conducted by two u.s. f-15s, targeting a weapons storage facility. abc's chief global affairs correspondent martha raddatz leading us off tonight with what she's learned. >> reporter: tonight, retaliation. u.s. warplanes striking a weapons facility in syria, after iranian-backed forces targeted american troops in iraq and syria with a barrage of drone and rocket attacks over the weekend. making at least 40 such attacks on americans since mid-october. most of those intercepted and no serious injuries reported. this is the second time the u.s. has launched these retaliatory air strikes in response to attacks on american troops by iran-backed militants. on

in the u.s. on. it is going to have a big impact. i think the way you do that is by -- apec countries, you need to have a pro-innovation mindset, you have to embrace it at the start, make sure you have the right infrastructure in the country to facilitate ai innovation. you are thinking about the right balance regulation both from an innovation and safety standpoint. emily: you have met with president biden on ai in washington, prime minister sunak, how do we get to global consensus on smart ai regulation? >> it's not going to be easy ,but i would start from the premise that ai will proliferate. the inherent nature of software -- ai advances will get out to all countries. so it is naturally the kind of technology -- i don't think there's any unilateral safety to be had. we all have a shared incentive to solve for safety. you could have ai go wrong in one country and in fact -- and it impacts other countries. like limit change. that is true for ai. i think you have to start building the frameworks

the stock is down in u.s. ading because burger king reported comparable sales for the third quarter that missed estimates. the other brands beat. at least tim hortons and popeyes beat. what does it look like for you right now, the u.s. consumer in your restaurant? josh: thank you for having me on the show. i was happy with the quarter. if you look at the business overall globally we have posted 7% same-store sales. that's a great outcome. it was consistent across all of our different brands. with tim hortons in canada we had good same-store sales. with burger king u.s. we were up about 3.6%. popeyes was up about 5% in the u.s., too. i think the analysts were a little on the high side but they were great results. with burger king we have seen a lot of progress. if you look at it, we are a year into it. we have put in over $400 million into the system and are seeing great returns on those investments. same-store sales of gotten better each quarter. while traffic had been weaker in prior quarters, we have been mak

even if the u.s. on does go after with greater force iranian and russian oil, we think it's only going to be a little bit effective at the margin and not really material for price on a standalone basis unless there's some thing else going on. that itself will not be terribly bullish for prices. shery: how strong have technical factors been in accelerating losses for prices? tamar: hugely effective. we've seen the oil markets overshoot both to the upside and downside. as i said before, the fundamental outlook is deteriorating, slow down in some major demand centers. at the same time, demand is good, not as bad as would be implied by the recent slide. we've got a lot of quantitative program traders treating into momentum. ordinary individual investors, we like to buy low and sell high and quantitative traders basically do the opposite, they sell into weakness and buy into strength and that exacerbates him moves. i think they are -- exacerbates moves. i think they are testing the floor. will saudi arabia

the u.s. secretary of state, antony blinken in the region, he is now in jordan where the foreign minister is expected to tell him that the, quote, israeli war on gaza must stop. follows that visit to israel we were talking about before were blinken met with the prime minister, benjamin netanyahu, and other officials on friday. mr. netanyahu says he will not agree to a cease-fire in gaza unless hamas releases all of the hostages. telling cnn, israeli officials have been frustrated with hamas releasing only one or two at a time. >> i clarified that we, israel, is going with all of its force and refuse to any cease-fire, which does not include bringing back our hostages. >> cnn's becky anderson with more now on blinken's trip. >> u.s. secretary of state, antony blinken, arriving in tel aviv on friday, with a forceful message. america's top diplomat reinforced washington's support for israel's right to defend itself after the brutal october the seventh hamas attacks. but he also said this >> how is

with the intention to de-escalate threats against the u.s., our interest and our people. host: what do you think of that, mark? guest: that sounds like we are going to take action, making aggressive action against people , but the reality is that 40 plus attacks were responded to by two singular airstrikes. that is disproportionate in the wrong way. we need to elevate the level of strikes. they are literally firing at us every day and we should be hitting at them every day. the way we deter future data action is to impose punishment on the bad actors when they do the wrong thing. if we only strike back, we are eventually going to lose service members. host: does that work with iran? does that risk escalation at a volatile time? >> i think it will work. this kind of escalation fear is actually placed in the hands of iranians, who believe that we are not fully committed. they believe we are always looking for an offramp. i recognize that we have to be the adult in the room, but we are not willing the iranian proxies accountable for their actions. we need to be hitting them n

we typically see high levels of jihadist violence here in the u.s. when these groups are active abroad. for example, what christopher wray's book about was the alum asked a--receiver ray spoke about was the islamic state was rising people to violence when the caliphate was at its height. i think we are seeing similar signs of a heightened threat environment because of excesses abroad. host: when he talked about lone actors being inspired, how does that work and what is the likelihood of that? guest: the likelihood is higher than a coordinated international attack. there has been a lot of debate in certain quarters, this other border, for example, and a terrorism threat through immigration at the southern border. it is a deliberate strategy that jihadist groups have put in place to actually inspire individuals in the west rather than conduct attacks through foreign plots. it is more difficult to infiltrate stream missed or militants across the border, whether through legal means or illegal means then to inspire a believer in the home and. when he talks

the u.s. alling for, have become louder. but as we come on the air, the situation is bleaker than ever. secretary of state antony blinken is traveling in the region and made a surprise visit 3m to ramallah to meet with the palestinian authority president to talk about the future of a palestinian state. the u.s. is continuing its push to get hamas to release hostage, protect and get aid to civilians in gaza and keep the conflict from expanding while standing with israel against terrorism. we have several reports from the region this morning as well as interviews with three key voices in the diplomatic efforts, but we begin on the ground in israel with charlie d'agata. >> reporter: the secretary of state's unannounced visit to the west bank is the first since the war in gaza began. palestinian president mahmoud abbas joined other arab leaders in calling for an immediate cease-fire. the secretary of state had come to the region trying to build support for humanitarian pause in fighting. roundly re

and the u.s. top vetoing our attempts at accountability. >> these are decades worth of problems. >> this will bring -- >> decades worth of problems. i'm asking about one issue on october 7th and the tax revenue. >> not decades. it's the result of us not really focusing on the root cause. this is the moment of the -- >> i understand there are deep root causes but on that specific condemnation it would be a quick answer. >> and allow me, margaret, because i watch your interview with the israeli ambassador, and he said two things very important, he said, you know, those are unintended consequences, the 10,000 innocent people, almost 5,000 children. i want to also clear the record here. this is deliberate and this has been the israeli military doctrine since its establishment. hitting the civilians so they put pressure on the fighters from the time of 1948 and pushing out ethnically cleansing two-thirds of the nation to beirut -- >> i understand. >> to gaza and everywhere this is a military doctrine. n

sources now telling abc news the u.s. and israeli spy chiefs are conducting high-level talks in qatar. and tonight here, we also have new images emerging of two of the hostages. abc's chief foreign correspondent ian pannell leading us off tonight in israel. >> reporter: tonight, dramatic new video showing the moment the u.s. unleashed retaliatory air strikes on what it says are iranian-backed forces in syria. the pentagon saying it hit a weapons storage facility. this was the second such strike, coming after more than 45 drone and rocket attacks on u.s. forces since mid-october, including four more in the past 24 hours. most were intercepted and no serious injuries were reported. also tonight, american and israeli spy chiefs conducting high-level negotiations to free more of the 239 hostages, including americans, held in gaza. a u.s. official confirming to abc news that cia director burns took part in a meeting in doha today with the head of israel's mossad and the qatari prime minister regarding a potential deal. and toda

the u.s. and china. it would be destabilizing for the world. questioning marsh joins us with a little bit of the expectations we have going into this meeting. the fact that it is happening is really positive for this relationship. the reestablishment of military communication is something on the u.s. side. >> absolutely. >> they were on television earlier saying -- chris pelosi didn't see taiwan till august. they really want to get back on track. >> you are there on the hvac meetings. talk to us a little bit about what jake sullivan said in iran and how that will be on the agenda. >> absolutely. also, the threats that poses it. they will tighten sanctions on iran. the chinese are very vocal about how they oppose sanctions and china itself has been interested around this. that is something they are going to talk about. that is likely to be an area they will see much cooperation. the military ties are something you're looking at. they can resume this high level of military ties. of course, the on

i think in the lead up to the u.s. ction, we might see a little more friction coming into play because of the political forces that work there. i think what we are seeing is the president is trying to develop an arrangement where you can work through that and still have the necessary conversations. yvonne: what does that tell you about the technological gap we have between the u.s. and china? we have seen it narrow in some ways. is it going to continue to narrow? or are there actually rooms for that to widen once again? jennifer: a lot of it is not just with the u.s. owns in the mix but what it does with its partners. if you look at the semiconductor supply chain, the u.s. has a lot of the intellectual property and designs. but the equipment comes from places like netherlands and japan. the chips are made in south korea and taiwan. it is really a broader ecosystem. that creates challenges in terms of just thinking of countries because it is not just where things are located but who owns them in the ip? yvonne: i know yo

he said the u.s. d to issue visa bans against extremists, referring to israeli settlers moving into the west bank. does that threat have teeth given there are estimates that american citizens make up as much as 15% of the settler population? >> look, the president has been extremely clear, i think far beyond even what many of his predecessors said about our concerns about developments on the west bank, and in particular, concerns about violence perpetrated against innocent palestinians by extreme settlers. he said that in public speeches and said that in an op-ed he published this weekend, and as he indicated and as we're now moving to operationalize that could include consequences the u.s. would impose on people associated with violence against innocence in the west bank including a ban on them being able to travel to the united states on visas. we're moving in that direction and we'll have more to say about that, i'm sure, in the coming days. >> understood. jon finer, thank you for your time this mor