thank you very much, therese rafael joining us on the latest on brexit.omberg. ♪ ♪ vonnie: live from new york, i'm vonnie quinn. guy: from london, i'm guy johnson. this is "bloomberg markets." time now for futures in focus. dan deming joins us from chicago at the cme. first up, why is the oil market not reacting more to the situation in the gulf and the straits of hormuz with iran? dan: exactly. the tensions are there in libya as well, but i think the momentum we are seeing in the market, you are seeing a shifting impositions. even though you have these tensions, no real supply has come off the market, so partially that's another reason why we are not seeing significant reaction. when you look at the price action, wti now selling back down. you are seeing some selling pressure when we see any type of price hike in the futures structure. guy: just walk me through the backend of last week in terms of perception in chicago regarding 50 or 25. how big a swing was there 25 from 50? how many people are talking still about 50? dan: well, impersonating the compos

elba therese they are a pretty inexpensive way to do some sightseeing in hamburg the ferries belong tothe public transportation network. i'm on the way from design probably piers down the road. everywhere there is something to see for example the museum harbor in. the people of hamburg are very proud of the harbor and they show that every year around the 7th of may on that day in the year 1189. is said to have issued a license for the port and that's a pretty good reason to celebrate say over $1000000.00 visitors every year. even if the charter founding the port is a 13th century forgery people have been celebrating it since 1977 the birthday bash attracts locals and visitors to the elba for 3 days. you know it isn't everyone's always and it could mean it's always relaxed and handed as always with seeing and off the ship it's great to climb on to the vessels and see how things work on the tall ships he does a lot for his all serious i thought everything the port the atmosphere water the sea ships. the ports anniversary traditionally begins with the grand arrival parade with vessels ran

plot by therese and the critics to try and boost jeremy hunt's campaign because she would rather see become prime minister than borisjohnson rather see jeremy hunt become prime minister than boris johnson i'm rather see jeremy hunt become prime minister than borisjohnson i'm not sure, we could just be talking about that paul and the times showing all the things may be damaging for boris johnson and a candidate to seem to balance above him suggesting that basically teresa and they did not trust him enough for him to see sensitive information. number ten says they can't comment on those matters but this is complete nonsense for the boris johnson team. hello chris wood he know he was it was complete nonsense when he's being denied information he doesn't know what he was being not told. it's true but a nod when i think from the telegraph i think it is not much of the suggestion throughout the day that this would in any way banish borisjohnson the day that this would in any way banish boris johnson chances the day that this would in any way banish borisjohnson chances of winning. some cou

elba therese they are a pretty inexpensive way to do some sightseeing in hamburg the ferries belong tothe public transportation network. i'm on the way from design probably piers down the road that. everywhere there is something to see for example the museum harbor and. the people of hamburg are very proud of the harbor and they show that every year around the 7th of may on that day in the year 1189 emperor bobber also is said to have issued a license for the port and that's a pretty good reason to celebrate say over 1000000 visitors every year. even if the charter founding the port is a 13th century forgery people have been celebrating it since 1977 the birthday bash attracts locals and visitors to the for 3 days. notice and everyone's always in a good mood it's always relaxed and handed is always worth seeing enough to shift it's great to climb on to the vessels and see how things work on the tall ships he does sort out for physical assyrian i've got everything the ports the atmosphere water the sea ships. the ports anniversary traditionally begins with the grand arrival parade with

the third is therese o'malley, at the national gallery of art. [applause]

pete elder therese they are a pretty inexpensive way to do some sightseeing in hamburg the ferries belong to the public transportation network. i'm on the way from design pollie piers down the obit. everywhere there is something to see for example the museum harbor in uganda. the people of hamburg are very proud of the harbor and they show that every year around the 7th of may on that day in the year 1189 emperor is said to have issued a license for the port and that's a pretty good reason to celebrate say over 1000000 visitors every year. even if the charter founding the port is a 13th century forgery people have been celebrating it since 1977 the birthday bash attracts locals and visitors to the elba for 3 days. notice and everyone's always in a good mood it's always relaxed and handed is always worth seeing and off to shift it's great to climb on to the vessels and see how things work on the tall ships it does sort out for physical i thought everything important the atmosphere water the sea ships. the ports anniversary traditionally begins with the grand arrival parade with vessels ran

francis after talks in 20132015 they moved to the papal palace when i see ations on the short excursion therese ancient treasury the talks lasted around an hour after which catch additional exchange of gifts for to the pope an orthodox icon and a russian movie about michelangelo and the sistine chapel the pontiff meanwhile presented an 18th century painting off the vatican that did not hold a news conference but the holy see says that they had discussed global international issues including the conflicts in ukraine and venezuela. the. a mass public backlash sparks against one of the 2 people in line to become pretty prime minister current foreign secretary jeremy hunt after he tied opposition labor party leader jeremy corbyn to atrocities in nazi concentration camp auschwitz thousands have already signed a petition demanding that hunt apologize artie's polly boyko explains the anger. a petition calling on the foreign secretary to apologize to the leader of the opposition jeremy corbyn has amassed over 16000 signatures because a lot of people are angry over these comments that really boil down t

let's pick up on the final point from therese. there is momentum behind boris johnson.leasure of working withjeremy hunt at the foreign 0ffice withjeremy hunt at the foreign office and have been struck by his approach, a thoughtful politician and his background as an entrepreneur gives him a track record of being a strong negotiator. what we will need over the next hundred days is someone who is able to negotiate and has a strong wreck or doing that. i think he would make an excellent prime minister and represent us well on the world stage. we heard in the video one of the tory supporters saying there is a view boris johnson the tory supporters saying there is a view borisjohnson could kick a puppy a view borisjohnson could kick a puppy and when. is the party hungry for a characterful leadership? boris johnson is well known and was a great mayor of london. as this contest with the head—to—head part of the contest continuing, i brought jeremy hunt to my constituency and he was also well received and i think one of the things we are seeing is the momentum is with jeremy h

the environment minister, therese coffey. and that all we've got time for.re. for some parts of the uk, the next couple of days will bring blue skies, sunshine and warmth. but in other places, it will look and feel very different. this is how it looked in the far north of scotland on wednesday. on the satellite picture, you can see the way in which this cloud has been approaching, pushing in from the north—west, and as this cloud makes a bit more progress, we will see some outbreaks of rain. so, as we head through thursday, rain initially across the northern and the western isles will increasingly spread across the northern half of mainland scotland. the heaviest rain always across hills in the west. to the east of high ground, the rain very showery, very patchy in nature. more cloud filtering into northern england, northern ireland through the day, but the further south you are, we're going to see quite a lot of sunshine and some real warmth. 24 degrees for birmingham, 26 degrees in london, so that's the sort of temperature we could well attain at wimbledon

that in foods members like therese area these are the people that built san fran disco and made it the great city that it is and we want our members to continue to be able to live here most of their families and communities area thank you. >> 1016 next speaker, please get >> good morning. my name is almon, coming back for a second time here representing mission graduates. there are two points i would like to make today around immigrant voting. one is we have a two-year contract with you all. it dates you are going to fund it, and fully funded. i want to name them. the second part is, this is a good invest and, and you know, as san fran disco continues to build trust around different immigrant communities, we want to foster civic participation, many of the collaborators and partners you heard from have really deep ties to the community. they are really essential to this work, is ashley with the 2020 census coming. when we look at the long-term, and how much information and education we want to get out to our immunity, this is a key time in san francisco, over the next 10 years, this is

therese raphael joining us from bloomberg opinion.loomberg. ♪ david: from the bloomberg washington bureau, i'm david westin. welcome to "balance of power," where the world politics meets the world business. we have been watching robert mueller testify on capitol hill, trying to stick to his report as congressman try to move him beyond that. ,e are joined by kevin cirilli who is on capitol hill and has been following this closely. have we learned anything? no.n: the way republicans are looking at this is they are seizing on something robert mueller said that there was no evidence that members of the trump campaign fired -- conspired with members from russia in order to influence the election. democrats also finding things they like in robert mueller's testimony. the question is whether or not it will be enough to increase their calls for speaker nancy pelosi to get to impeachment. jerry nadler asked the special counsel robert mueller in their opening

the third is therese o'malley, at the national gallery of art. [applause] ms. deitz: it is wonderful to be here. i was up early this morning, and therefore i had a lot of time to walk around. i am from new york, so being in washington is a tremendous pleasure. i woke up when the fountains were going and the trees were just getting that wonderful spring green. i really thought this is america's versailles. you know? this is our place. and it occurred to me that louis the 14th probably thought it was a really good -- big deal. what we are talking about is really a very big deal. designing gardens for the presidential house. here i was coming to speak, but it really came into amazing context for me. i was just kind of walking around and seeing it. when i was first called to moderate this panel, i said since i am a garden journalist, i said i have never talked about any garden that i have not seen. and i had no concept of what the east wing look like. years ago i wrote about rose garden and he called me one day and said can you come right down and see it. it was gu

effect most therese maze cabinet and replace them with loyalists. the big challenge with the living bracket by the end of october. >>> telescope protesteting supp a-list actor. protesters given a massive welcome yesterday to the man standing in the background. that is dwayne the rock johnson. others the people have been trying to block the key accessible to the hawaii's tallest mountain scientists are trying to put up a one point for billion dollars telescope. some protesters have been arrested for trying to stop that from happening. like i realized as i was leaving it is more than a telescope. it is people who have so much pride, and are willing to sacrifice to protect something sacred to them. >> protesters say johnson's visit is bringing awareness to in even higher level. >>> governor newsome visits the site of a massive oil spill in central california. we have the latest on the extent of in francisco says it has a way to improve the homelessness situation here in the city but it is a team effort and will require a lot of people to step up. compa

i want to read to you something that therese mcmillan said. she's the head of the m.t.c. and speaking at the transportation institute on friday. [bell ringing] she said there are three things that i learned in los angeles. the first is serve all of your customers, especially those who have been underserved. the second is to be committed to public stewardship, you are crucially accountable. and the third, and this is most appropriate here, be a partner but lead and avoid if it demands. i think there's a void here. we need leadership. and counting on you all to lead us into getting those train tracks to the train station and extraordinary public transportation for san francisco. thank you. >> chair peskin: thank you. next speaker. >> hello, i'm bob. i'm president of save muni. we are one of those external champions, that john was talking about. we've been fervently in favor of the downtown extension for many years. and we stand in that position today. this is a two-year delay. it is -- it has some good and some bad components. the very bad component, terrible component is i

isis, therese of was a lot of attention paid to it in 2015, we are seeing the same policy and legal issuesoming up in the foreign interference context with respect to russian interference online and those issues. -- not justproblem a terrorism problem, we are seeing groups using social media and the internet to foster violence and to build their networks and their groups. communications, networks they are using are largely domestically based. it raises important first amendment and legal policy issues about the scope of our investigative authorities and the proper role of the intelligence community. that is something we are seeing across-the-board. ,ur terrorism investigations they also -- often involve social media together with encrypted messaging apps, the model that isis perfected in 2015 and on, was broadcasting messages, exhorting members to violence using public available social media, and encouraging potential operatives to go off-line through encrypted messaging channels. byare seeing that playbook other groups including domestic groups. in addition to investigating potential crim

those people are seen to be both of theresentatives larger group in american society, but also a conduitfor assistance, and i think it is because there was still so much of an expectation at the beginning that the federal programs were geared around african-americans, and that made it very important for people to believe that they had one of their own, so to speak, who could advocate for them in washington. whether they could deliver very much is another story. the president certainly used 's of thery ramirez world -- every u.s. president ultimately developed a latino point person, interest group -- will be was programs affect you? that was their job. >> you say you you also see that in local politics or state politics, where latino, national latino politicians traveled the country to areas with latinos ort no local congressmen mayors or any latino figure of their race. a good example is the governor of new mexico, tony and i have, campaign for --. why? chicago had no elected officials that were latino in 1982 or 1983. they do a lot of legwork, and i am sure the cases could be like theor

but they are both clear that withdrawal agreement negotiated by therese and they must go, particularlyis a new agreement must be reached. if that is not the case, government is going to work on the assumption that it's not going to happen and they must prepare for a no—deal brexit, so must prepare for a no—deal brexit, so while borisjohnson said today it's not his assumption there will bea it's not his assumption there will be a no—deal brexit, he did say that michael grove was right to prepare for that eventuality and that is what the government is doing because remember it's not just what the government is doing because remember it's notjust a case that believing that it's right to prepare the country for the eventuality of no—deal brexit and three months‘ time, they also strategy and attempt to convince the eu that the uk is willing and ready to do that. in the hope that they will decide to offer concessions. and there is a cost, financially not only for government but for industries and companies all over that country and preparing for a no—deal brexit. as the government got any po

>>> the woman who was hit by a bart train during the evening rush hour did not suffer any serious thereseent did cause major delays during the commute. >>> two suspects violence several disco carjacking around custody after a manhunt and senate hill county. police arrested him late last night and brought mayor following a pursuit. >>> we have a traffic alert from the real-time traffic center. let's get to the big picture. you can see on the map where this is. coor that istbod highway atghe o ril shut down in the westbound commute direction slowing you down at this hour. now off to freeway, where we have had a slow go spot this entire freeway. it has not approved a whole lot at this hour. take 580 if you can, otherwise get ready to pack your patience. the papers this morning is so and go back of the foot of the maze as well as the 880 flyover. the same thing with the richmond san rafael bridge. the skies are sunny. >>> yes they are. there will be a few high clouds today, the story is the temperature for sure. taking a look inland we have made 90s coming back. this is better than yesterday.