yousef: just very briefly, the u.a.e. minister has been a bit harsher in terms of rhetoric.e is saying additional measures could be taken. could we see something? >> they said that. the foreign ministers themselves said that. they said we reserve the right to take additional measures. it could happen. as journalists, we are on alert for announcement of further measures. we don't know when they will come or if they will come. yousef: we spoke to fahd iqbal, head of credit suisse. >> this whole process is going to be slow moving. i don't think we should be looking at a near term solution. you can see while the rhetoric has been quite harsh, the action has been slowly moving forward. what our focus is on at this stage is looking for signs of de-escalation, and the fact that the qataris have responded. we don't know exactly how they have responded. but they have given their response to the demands, and it has been taken in. even though they didn't meet the 48-hour deadline of meeting all of the demands that were put on them, there is a process of negotiation going on. so in our

if i am an anniversary, and i am still in u.a.e.that is the researching. >> there are things that disrupt the capital flows which so far have been relatively resilient. are you worried about that? >> yes. for example if you look at the news yesterday, three banks in the u.k. have stop dealing in money. ri >> let's pick up the conversation around egypt. the government is pushing ahead with economic reforms. however painful, and raising gas prices by as much as 55%, an enormous amount by egyptian standards. with inflation set to rise 30%, w much more can the egyptian economy handle? ahmed, you have always been a pro montana that these reforms needs to be pushed through. so you are going to be cheering those on. >> yes. >> in terms of how that affects the economic picture though of egypt in terms of inflation, in terms of growth and consumer spending -- >> let's agree this is something that is expect the. there are no surprises when it comes to racing fuel prices. the consumer also knows there is going to be another hike in fuel prices

now saying the intent of saudi arabia and the u.a.e. is annexation either by installing a compliant regime or invasion but most are not quite as blunt about the possibility of invasion and overly optimistic about a solution russia's hedging its bets and playing it cautiously counter has the money to help rebuild syria providing it's not under severe economic pressure now so there are possibilities for corporation there iran has been helping as has turkey qatar will see turks as more useful allies turkey is really the pivot it is a nato but also closer to russia now more turkish troops have arrived this week. the largest u.s. base in the middle east but it's not really an issue no one seems to remember but if the saudis were to invade or a max qatar the u.s. would still have a base as the saudis are u.s. allies to the base does not offer insurance that's why the turks are coming in greater numbers equally there are no qataris who fight most qatar is a very wealthy the army is made up in part of foreign nationals who become citizens if an

and the u.a.e. governments are all at odds with the turkish government for different reasons because the turkish government has promised the brotherhood the saudi and the egyptian cc's government and u.a.e. government both hate the good muslim brotherhood and they're arrested thousands and even killed many hundreds especially in egypt in saudi arabia they fear what you can call the monarchy political activism they only allow one political activism which is pro-monarchy so if it's islamised or a communist or a national primary a nationalist is the same it's a danger to the monarchy that is built on a model of a hereditary rule in one family so any change any populist form of government is a danger to these to the gulf monarchies the qataris don't seem to mind the they think they can control it but the other gulf monarchies fear any populous form of government islamist or secular and i think that's why the opposition to turkey and turkish troops it's funny that the same people who say that the turkish

me that it will continue to blockade cats at a meeting in cairo saudi arabia bahrain egypt and the u.a.e. said the council's response to their recent list of demands leptin in substance for its part mind tames the saudi bloc is simply trying to label a political rival as a terrorist. but of the battles that sounds response was negative on the whole it did not lay the foundations for cattles abandonment of the policies of this use most of that we have already off interest. but they. are supporting terrorism was it could be designed to genetic sentiment in the us what other countries failed to get us is living but i think of it as. it was. some of the demands are clear briefly which the four countries are insisting on first off they want carter to cut its ties with the rand and militant groups who are considered by the saudis and their allies as terrorists qatar is also being told to shut down a turkish military base on its territory it's a thirteen point listing all calling on qatar to close its international news outlets including al-jazeera and the sidelobe bloc also wants doa to cease

reaffirming that it will continue to blockade at a meeting in cairo saudi arabia bahrain egypt and the u.a.e. said that his response to the list of demands recently lacked any substance for its part maintains the saudi bloc is simply trying to label a political rival here as a terrorist but a. response was negative on the whole it did not lay the foundations for cattles abandonment of the policies of this use most of the where already off it was so out of neighborhood but. was a community desire to generate about are certainly the worst what other countries failed to grasp is that living political. here are some of the demands which the four countries were insisting on they won't cut out to cut its ties with the rand militant groups who are considered by the saudis and their allies as terrorists cutters also being told to shut down a turkish military base on its territory it's a thirteen point list it also calls on qatar to close its international news outlets including al-jazeera and the saudi bloc wants to cease contacts with political opposition groups in their respective countries and th

me that will continue to block a counter at a meeting in cairo saudi arabia bahrain egypt and the u.a.e. said that qatar's response to their list of demands liked any substance for its part taints the saudi bloc is simply trying to label a political rival as a terrorist. but the more battles the catalyst response was negative on the whole it did not lay the foundations for cata as abandonment of the policies of the sous sis most of the americans were orally of interest to our arab neighborhood but. the popular support them was a clearly designed to generate ideas but are centered in the us what other countries failed to grasp is that living political in those shows. here there are some of the demands which the four countries are resisting all they want qatar to cut its ties with iran and militant groups who are considered by the saudis and their allies as terrorists qatar is also being told to shut down a turkish military base on its territory the thirteen point list also calls on close its international news outlets including al-jazeera and the saudi led bloc wants door to cease contac

seeing democracy after democracy flippant autocracy and i'm not talking about like saudi arabia the u.a.e. they've always been autocratic kingdoms but orbán and hungary if i'm saying his name right there to on in turkey. dude i think that's his name right. like kept on races but the president of poland i mean it and it seems like there's like this this broad you know let's not pay attention of this let's not acknowledge it was not discuss it nobody's pointing out the fact that duda in poland has shut down the independent press to a large extent now and has changed i mean actually passed a law changing the judiciary and they're making it possible now for politicians to sue reporters which is exactly what trump wants so here's here's the interesting flip in my opinion is that back in the george w. bush days when basically liberals and democrats were criticizing him for wanting to export democracy now democrats because we're in a time where we where we've come to terms with the fact that not every democracy is going to be as free as america or as free as france was free is great britain now

> you have to local market liquid i didn't, u.a.e., the make sure i e to clear local market liquidity and base.in the asset it's not significant for me to worry about. we keep doing it. it's a novel part of banking business. >> when we look at your stock, e have have seen some stability, in fact, considering isolation, 572 on the bloomberg and stability since june 5. go further back through the year, you can see that you see a huge plunge. the market seems to be holding on purely for dividends. done, many s investors felt there was no catalyst for your bank. will you change the narrative? at the qutar exchange list of stocks. cost-effective, it is good investments. has to hat everybody imagine in global terms. opportunity, ant allocate. t's been a telling story over the years and a good investment. capitol by 20% nd we are here to make sure we trengthen the management, a move from 16 to 17. >> i want to pick up on what you realigning the business. e spoke to the c.e.o. of the qutar national bank looking to asia. are you going to push your outwards, what does that re-alignment look lik

around the time the government issued a response to the demands from bahrain saudi arabia egypt and the u.a.e. during a press conference with his german counterpart qatar's foreign minister urged against a boycott. yesterday we presented this reply which was prepared in advance in accordance with the previous schedule to the emir of kuwait the reply came in alignment with the general initiative to protect sovereignty and respected and in disagreement with the interference and he states internal affairs in accordance with international laws. we cannot talk about this in detail because it is now in the hands of the brother state and only they are free to speak about it. well right now it remains unclear what's included in the response but we do know how qatar feels about some of the demands like closing al-jazeera shutting down turkish military bases and paying restitution. over movies now what would have to happen for qatar to improve its credit outlook well first of all they would have to mend this diplomatic rift happening within the region and number one just for starters you know ease into

around the time the government issued a response to the demands from bahrain saudi arabia egypt and the u.a.e. during a press conference with his german counterpart qatar's foreign minister urged against a boycott. yesterday we presented this report which was prepared in advance in accordance with the previous schedule to the emir of kuwait the reply came in alignment with the general initiative to protect sovereignty and respected and in disagreement with the interference and he states internal affairs in accordance with international laws. we cannot talk about this in detail because it is now in the hands of the brother state and only they are free to speak about it. well right now it remains unclear what's included in the response but we do know how qatar feels about some of the demands like closing al-jazeera shutting down turkish military bases and paying restitution. over to movies now what would have to happen for qatar to improve its credit outlook well first of all they would have to mend this diplomatic rift happening within the region and number one just for starters you know ease

i would also ask that the u.a.e. that's been reported in the nation's newspapers hacked into the email of qatar and put words in the mouths of their government officials that were uncrew. this is not the way to proceed with peace and diplomacy and so i believe we should energetically and aggressively engage these countries to stop this blockade and begin to repair the collaborative efforts to ensure that we fight the war on terror together and not against, so thank you, mr. tillerson, i look forward to working with you as a member of the united states congress to bring peace to that region. i yield back. the speaker pro tempore: for what purpose does the gentleman from pennsylvania seek recognition? without objection, the gentleman is recognized for one minute. mr. thompson: thank you, mr. speaker. yesterday, americans observed national ice cream day, which is celebrated annually on the third sunday in july. in 1984, president ronald reagan made the designation and named july national ice cream month. our very own pe

involves the purchase and importation of 5,500 rare clay tablets and artifacts from israel and the u.a.entiquities that likely once came from iraq. prosecutors allege that hobby- lobby missed several red-flags indicating the purchase was highly suspicious. hobby lobby argued this was an innocent mistake caused by inexperience in an agreement with the justice department, the company must now turn over all the artifacts and pay three million dollars. hobby-lobby is a family-owned evangelical company. they were at the center of the 2014 supreme court case that ruled companies can't be forced to cover birth control for their employees, and they're also constructing a multi-million dollar bible museum in washington, d.c. that will open this fall. for more on this case, i'm joined now by deborah lehr. she's chairman of george washington university's capitol archaeological institute and founder of the antiquities coalition, which works to stop the looting of world cultures. welcome to the "newshour". can you tell me just the basics? you heard what i said about the overview of this case. what is

saudi arabia, bahrain, egypt and the u.a.e.e imposed sanctions on qatar over charges of financing terror groups. today, tillerson met with the omani foreign minister and commended the oil state's efforts to comply with an agreement on curbing terror financing. >> they have been very aggressive in implementing that agreement. so we are, i think, we're satisfied with the effort they are putting forth. i think they also have indicated a willingness to sit with the four parties and negotiate, discuss the demands. >> sreenivasan: meanwhile, qatar's emir denounced the blockade as a "smear campaign," but said he's open to dialogue. president trump is demanding that iran release the american citizens it is holding. in a statement this evening, the white house warned of "new and serious consequences" unless tehran frees all "unjustly imprisoned" americans. at least three u.s. citizens are currently jailed in iran. a powerful earthquake shook the coasts of turkey and greece early today, killing at least two people. the quake was centered

"the washington post" reported the hack, but in london today, the u.a.e.'reign minister pushed back. >> our embassy in washington has put these denials in place, and i think this is a crisis and is a lot of rumors, a lot of false news and stories. this is going to die out. it is not true. >> woodruff: the f.b.i. is working with qatar to investigate the incident. authorities in arizona searched again today for one person still missing after a flash flood killed nine people on saturday. cell phone video captured the deluge as it swept through tonto national forest, 100 miles northeast of phoenix. the water at the swimming site rose as high as six feet, triggered by a heavy thunderstorm. all of the dead, including five children, were part of an extended family. the trump administration says it will let an extra 15,000 foreign workers into the country this budget year, on temporary, seasonal visas. homeland security secretary john kelly calls it a "one-time extension." the announcement came today as the president promoted "made in america" week, showcasing dome

having transparent terrorism tribunals i think that's a positive thing the issue is that perhaps the u.a.e. and saudi arabia probably started with that exercise earlier and we know that from the treasury secretary in the u.s. where. sort of being involved in some of those visits to the region they saw more of those activities whereas qatar perhaps didn't catch up as fast but certainly it reacted i know it's a country that advocates the rule of law and i think taking these steps are going to be helpful and the long run and plus i think as long as everyone's able to use the same vocabulary to address these challenges it's important to work together because i mean it really across the gulf it's not i mean if we lose qatar who turkey and iran i think will end up with a bigger disaster we can't get rid of qatar in terms of the territorial integrity of their arabian peninsula. this is very late it is very valid point i don't want i don't want to cut thought to be involved with the any is. couldn't couldn't to presidency to be very frank. we do you want things to go back the way they used to be a

required to sever all contact with the political opposition in saudi arabia bahrain egypt and the u.a.e. qatar you officials though have so far refused to budge this was still. made to be a joke to me had to be accepted or not made to be negotiated is not an easy country to be the one. we already know we stand ready to defend. now even though it is just a tiny spot on the map it is actually quite an influential player here in the region the us has two military bases near the capital the data base is america's largest base in the middle east turkey also uses qatar for its only military facility outside of its territory also doha partnering with iran runs the world's biggest natural gas field located on its shoreline this is an important factor to remember political science professor anthony things this latest could lead to a full blown regional war. that is not going to lead to peace that is leading to a war conflict escalation in the conflict and most probably. a war out of blood needs to how evolution changes need to how you would be doing ship give them a ship that is both good minded