the u.s. has always supported -- the basic u.s.icy for decades has been in country after country to support the military and security forces as the primary u.s. into locators. but then on top of that, too also support when it is convenient, when there is so dangerous candidate, and elected government that can give some veneer and also some local social stability. and also, while on the one hand handing arms and training and political cover and intelligence to the armies and secured he forces and the death squads, using the other hand to admonish "oh, that massacre you just did using our weapons, using our training, you should not have done that massacre. that was a little bit excessive." this is one reason why you often find resentment from u.s. clients regarding this hypocritical approach of the u.s., which is, after all, fundamentally supporting them. hypocrisy.s away the he continues to give the arms and the training and the intelligence and political cover, but he does away with the aspect that the obama administration, in part

the u.s.ollar after snp --s&p downgraded it for the first time in 17 years. following outlook president jacob zuma's urge. -- purge. ministered the finance ga who has no financial experience. the u.s. is making it harder for companies to take foreign tech workers to the u.s. using a visa process. in a memo, the citizenship agency said the new members into combat what is called fraud and abuse in the program. shares and outsourcing have flipped in new york trading. senate democrats have set the stage for confrontation to blockg enough votes president trump's supreme court nominee. acting as republicans advanced judge gorsuch is nomination in the judiciary committee, clearing way for his domination on the senate floor. mitch mcconnell has said he would be confirmed one way or another this week. the u.s. trade secretary has said the asian pacific has become the most important region for global economy. opportunitiesfor with british businesses outside the european union as the country prepares to

the u.s.ilitary in the country. and meeting with donald trump, the meeting of the two biggest economies continue their talks. we are live from florida. welcome everybody to "bloomberg daybreak: europe." we are in the city of london. i'm anna edwards. miller in matt berlin. anna: matt, we will start with the market reaction to the u.s. missile strike in syria. investors caught off guard, reflected in the gold price and and the oil price on the screen. investors caught off guard. haven assets getting a boost. interesting the way that the japanese yen trend -- trade unwinding a little bit. asian equities managing to get back into positive territory. and u.s. futures are negative, but only by about a quarter of a percent. matt: interesting, because the moves are pronounced and the chart is important to look at. you can see when the event unfolded. the moves are not strong. this morning, i instantly looked at the yen, it was 1.10 yesterday. this is the biggest move we have seen sense basically yest

u.s. president trump in the wake of the u.s. missile strike on syria. but there are mixed messages coming from his administration. >>> plus it all came down to one tie breaking hole, sergio garcia finally wins his first major golf tournament at the master as cnn sits down with the new champion. >>> welcome to our viewers in the united states and around the world. i'm cyril vanier. >> and i'm rosemary church. thanks for joining us. this is "cnn newsroom." >>> egypt's christians are in mourning after brutal attacks on two of their churches, at least 49 people were killed and isis has claimed responsibility. >> more from egypt, his report contains video that some stories may find disturbing. a day of celebration turns to mourning, as a bomb rips through a crowded church in egypt. the devastation, the carnage as isis claims responsibility. >> i was sitting in the front and suddenly everything went dark. i passed out and someone pushed me off of my seat. a few second later i got up and saw bodi

a u.s. worker v4 they go and look for a temporary worker from overseas. host: after that process, is it a lottery system? 85,000 visas, and typically there has been much more desire and demand for this visas than that limit. so the actually go to a lottery once they go over the cap, and it is a random lottery. so all the companies that have some of the petitions, those will be put into the lottery, and they will choose 85,000 of those. tot: those will be assigned companies, and they will come in and start working. how long do they visas last? guest: these will last for three years ago be renewed for another three years. people cases, for adjusting to green cards, they can be extended a little bit more. talking about the h-1b visa program, foreign workers who come in. , republican. democrats, 202-748-8000. independents, 202-748-8002. if you are an age would be visa holder, 202-748-8003. this was a topic of discussion this week. out anthe president put executive order saying he wanted to revie

the u.s.'ll cyril vannier in atlanta. >> i'm ivan watson. mike pence landed in seoul hours after another failed missile launch by north korea. aides to the vice president says he has been in contact with president trump. the launch was made from the port city of sinpo on the east coast. the type of missile has not been identified. but the u.s. military does not believe it was intercontinental. a u.s. official says the land-based weapon malfunctioned almost immediately and exploded. our will ripley is one of the few western journalists currently reporting from north korea. and alexander field is standing by, south of the demilitarized zone, in south korea. thank you for joining us at this hour. will, a go to you first in pyongya pyongyang. were you surprised by reports of this missile launch? and does anybody else in north korea know about it? >> the answer to your first question, was i surprised? yes and no. we've been talking about the possibility of a sixth nuclear test. and even at the para

the u.s. wanted to completely and utterly level it. now isis has been regaining strength and gaining a hospital, and seem to be gathering momentum and comes at a i'm -- well over half the country being controlled by the taliban or fought over by them. that's an enormous mess. president -- did tweet support for this saying effectively this is a key decision by the u.s. military and all about pushing isis back from the places where they declared from, but this raises the question of the u.s. moving forward an what results will with see from the blast. staggering is about u.s. resolve in afghanistan. >> thank you nick, so much for that. >>> so exactly what is this mother of all bombs? they stand for massive ordinance air blast bomb, the biggest conventional meaning non-nuclear in u.s. arsenal, 30-feet wing along, 19,000 pounds of explosives, it is gps guided but so big it has to be dropped from a mc-130 cargo plane. >> it's intended for use against surface targets unlike the bunker penetrating bo

u.s.abor market in march and the number of jobs created, falling short of forecasts, a sign of weakness, but it wasn't. >> this is the question. make.nth does not a trend let's look at some of the numbers. march payrolls up 98,000, the forecast was for at least 180,000. let's jump into the bloomberg. you can see the white line dropping dramatically, only 98,000. nevertheless, the rate of acceleration decelerated, so did the six and three-month moving averages, but there was harsh when to weather across much of the united states. people could not get to work. that is not a surprise. meanwhile, the unemployment rate fell to 4.5%. this is very important to the fed and traders because wages decelerated. tight labor market. let's see what's going on there. the blue lineand is that drop in unemployment, but the white line shows the average hourly earnings are barely rising. stagnant wages, more competition from overseas, more automation. that could be it. there are two surveys, household surveys

u.s. troops are based in syria. it's not the oy place but it's one of them. the united states has about a thousand servicemen and women on the ground in syria the new administration has quietly arranged to send hundreds more into syria but because they have abandoned the practice of previous administrations of making announcement about those troop deployments, we don't know much about where the new americans are going. we know that several hundred u.s. marines set up an artillery base several weeks ago. we know, of course, u.s. pilots are flying bombing raids against isis targets in syria basically every day. but the biggest, longest standing compliment of u.s. troops in syria are the special operations troops. and special operators will sometimes do raids themselves on high-value targets. but their primary mission and what they spend most of their time doing is arming and training and assisting some of the rebels that are fighting in the syrian civil war, rebels that specifically are figh

amy: the u.s. notified russia in advance of the u.s. strikes, condemning the u.s. attack -- russia did calling it an act of , aggression against a sovereign state in violation of international law. following the attack, russia suspended an agreement with u.s. aimed at coordinating airspace over syria. russia is also reportedly offering to help syria strengthen its air defenses. meanwhile, there are reports of syria threatening to fire scud missiles toward israel if u.s. carries out anymore airstrikes on syrian military targets. on capitol hill, several lawmakers have accused trump of taking the military action without congressional authorization. democratic congresswoman barbara lee of california said -- "this is an act of war. congress needs to come back into session & hold a debate. anything less is an abdication of our responsibility." meanwhile republican congressman , thomas massie sent out a tweet quoting a statement trump made in 2013 saying -- "the president must get congressional approval before attacking syria-big mistake if he does not!" we are joined to

a u.s. aircraft dropped one of these monster bombs on an isis tunnel complex in eastern afghanistan. president trump suggested he didn't personally authorize the strike, left that to his commanders. >> we have given them total authorization. this was another very, very successful mission. >> reporter: the toll of the bomb both physical and psychological. >> the shock value of this weapon is simply unbelievable. it feels like an earthquake 15 miles away. it will collapse underground subterranean caverns with the isis fighters in them. >> reporter: but the 15-year war in afghanistan, the longest in u.s. history, has proven having the mightiest weapons doesn't guarantee victory. the u.s. still has more than 8,000 troops in afghanistan but extremist groups, including isis, remain strong. just this weekend, an american soldier was killed there. prrtd has repeatedly promised to get tough on isis. >> i'm going to bomb the [ bleep ] out of them. >> reporter: now the commander in chief is translating

the u.s.e had payrolls numbers on friday. let's look at how the markets closed in the u.s.. a bit of a mixed day, shrugging off some of the geopolitical tensions rising in the region and shrugging off the worse than expected payroll figures. that was worth less than forecasted. s&p 500 down almost two point. dow jones and most seven points. nasdaq down almost one point. surprising resilience in the u.s. equity market. we mentioned geopolitical tension. other moves on friday -- gold, the traditional safe haven, was up. first let's look at u.s. defense stocks. those all rallied. gold was up one third of a percentage point on the back of safe haven. brent and wti posting pretty significant moves, their second week of games. displaying the usual response to jim littell -- two geopolitical tensions in the middle east. i mentioned safe haven. let's look at how that played out in the currency market. upwardsthe yen moving one fourth of 1%. that was little gains. it pared 0.6% earlier in the day. the

the u.s. launched approximately 59 tomahawk cruise missiles against al-shayrat airbase in homs province. the damage is said to be huge according to the syrian news agencies. approximately 70 military -- seven were killed military personnel killed. it is said that it is said that maybe nine civilians were killed. russian saying some of the missiles may have missed the basis. planes were to nine destroyed and hangars and other equipment. molly: how significant is this airbase? henry: it is a significant airbase and one of the syrian stationst's modern air from which they carried out a lot of attacks in the past, including chemical weapons. fairly far away from any rebel held territory's, it had a lot of traffic of the syrian military operations. bunkers ofe to the the chemical weapons that were 2013 ofly given up in which and there's evident were not destroyed under the agreement reached that he or. molly: what are we seeing in terms of reaction? the syrian military has condemned the attack in f

the u.s. missile strike in syria in retaliation for the chemical weapons attack near idlib the killed dozens of civilians. joining us live from palm beach where president trump's meeting president xi jinping is net. bring us up-to-date. we just had a press conference from the national security advisory, h.r. mcmaster, and secretary of state, rex tillerson. they're making it clear it was an attack that crossed the line. it necessitated a response from the administration. they say russia was advised. rex tillerson in interesting language put moral responsibility for this attack at the feet of russia, which has long backed the president of syria, saying they failed to live up to their end of the bargain in 2013 when they reached a deal with president barack obama to remove it syria's chemical weapons. we are seeing the u.s. a draw a direct line between this attack and the russian president in moscow. i wonder if this rapid and dramatic shift in u.s. policy toward syria could also give more signif

the u.s. president's response. alignseeing these images, it been crossed and something would need to be done. we had an inkling that a military response would be on the table because he suggested as much. he was briefed by secretary mathis -- mattis. but there was a surprise over with presidentng she paying -- xi jinping. republican senator rand paul says trump needs congressional authorization when it comes to action. detailing theial navy launching the tomahawk missile against syria. saying prior interventions have done nothing to make it safer. that coming from president trump saying, syria had repeatedly ignored warnings from the un security council. let's get it over to the markets clearly andave unexpectedly, we did see that reaction when it comes to that market reaction in safe havens. let's take a quick recap. >> it was a slow and brutal death for so many. even beautiful babies were cruelly burned in this very barbaric attack. no child of god should ever suffer such horror. tonight i o

the u.s. against the airbase on april the seventh. we've stated opposition on many occasions today. we have said that there needs to be an investigation into this incident, that has been subject of many speculations. russia has spoken in favor of drawing the attention of the abc w to this incident. the opcw has all the confidences and power to look into this incident. there has been an official release from this government to the u.n. with a request to dispatch as soon as possible a group of experts to conduct an unbiased and frank investigation of the airbase, as well as the air force. we look into the american counterparts cooperation with the investigation. in this subtext, we try to head off a resolution at the un security council on the incident. more legitimizing the accusations against damascus. some thoughts, but we are not trying to expose anyone. we want there to be a frank investigation. theave also talked about state of affairs in the interaction of our forces as well as the u.s. a

the u.s. have a hearing loss. helping them can be motional, it's expensive and that's where this week's cnn hero opens up a whole new world. >> a child with a hearing loss can achieve anything. but unfortunately some fall through the cracks. sometimes these kids are bullied and a lot of people in their life tell them they can't do things. their parents are often told that their child is never going to learn to speak, which is not true. >> to see more, check out cnnheroes.com. >>> just past the top of the hour, we're in "cnn newsroom." i'm ana cabrera. our top stories, syria and russia. movement overseas happening right now. because of those three countries. in western syria new explosions today in a town that's already dealing with the horror of a deadly chemical attack. somebody is bombing that town again. it's unclear exactly who or what the casualties are. an update from the syrian border in just a moment. syrian air force planes are once again taking off from the base hit by 50 missills ye

the u.s.oing too far? washington has installed a defense system in south korea and beijing does not like it. washington says the technology is vital to countering the threat of north korea. we go to washington for more. and committed, arrests in turkey, more than 1000 detained by police, all of them allegedly connected to the failed coup attempt. to teach or not to teach? the hungarian prime minister defends a law that could shut down the university founded by george soros. we take a look at the controversy over foreign money, education and politics. and the u.s. presidents takes -- president takes his axe to taxes, a new program for businesses and individuals, but the president still have to get the plan through congress. ♪ brent: i am brent goff. it is good to have you with us. china has reacted angrily to the u.s. installing a controversy oh antimissile defense system in south korea. the u.s. and a south korea insist the system is necessary to counter the threat from a nuclear armed north k

but the u.s.dministration and assad actually have a lot in common which primarily is containing isis. >> sure. >> they're both trying to do that. is it the right route that we're sighing to show the ajeem that we' regime that we're looking at tillerson's comments? >> again, something so murderous as assad against his own people, it seems like the decision to make. if you knew getting ready that it would create this vac which isis has shown they are willing to step into. so, the u.s. has a very bad history when it comes to what we do after the bombing. it left a very bad situation in iraq. and i think it was a real worry amongst some of the u.s. government they would repeat that. possibly in even a worst situation in syria, which is why we're getting mixed messages at the moment. >> thursday's air strike was primarily driven by impulse. that's why we saw images of children dying. is it possible if he saw images coming from north korea that he would respond with the same kind of force? >> i think yo

the u.s.conomy forward. mark: secretary of state rex tillerson is in russia bringing his message, saying putin must give up his unreliable ally, syria. how hard will russia push back? chair janet yellen says the economy is pretty healthy and that the central bank is shifting focus to keeping growth on an even keel. how this impacts the bond market with dan fuss. about 30 minutes into the trading day in the u.s., abigail doolittle is here with some tuesday action. abigail: we are looking at a bit of a pullback for the major averages. the dow, nasdaq, and s&p 500 all trading lower. this follows the intraday volatility that we saw yesterday. stocks briefly turned lower and bouts of intraday volatility that we have been seen recently, suggesting perhaps there is more action to the downside ahead. believest at btig there is more of a pullback ahead. and we go cross asset class take a look at some of the haven assets and the vix, the 10 year yield trading lower by four basis points, telling us bonds

the u.s. president sent his son-in-law to visit troops in iraq to meet with u.s. advisers, u.s. troops, iraqi leaders, and get an update on how the battle against the jihadists is going. one of his photos has created a stir online. he looks hilariously preppy. he is dressed in a suit and tie with some nice-looking shades. this twitter user says how to -- whileattlefield another says the pyramid it is fashion week in baghdad. anchor: stick around for more headlines s coming up in just a moment. 04/07/17 04/07/17 [captioning made possible by democracy now!] amy: from pacifica, this is democracy now! pres. trump: tonight i ordered a targeted military strike on the airfield in syria from where the chemical attack was launched. , national this vital security interest of the united states to prevent editor the spread and use of deadly chemical weapons

will the u.s. actually sit down in any way, shape or form for diplomatic negotiations with the north koreans? >> you know, whether you go back to the agreed framework of the 1990s or the six-party talks -- >> not, that just looking forward, whatever version it will be. will there be any negotiating, whether it's direct i? mean, you can answer that -- could you see a direct negotiation with north korea and the u.s.? >> i think not at this time. the policy that president trump has articulated is to marshall the support of our allies in the region, here in japan, in south korea and nations around the world and china who have taken the position now for decades of a nuclear-free korean peninsula. >> bilateral talks, that's not going happen, understandable. is there a move or a thought that as part of those diplomatic steps you're talking begun to get the nations like south korea, like japan, maybe even china back to the table with north korea and the u.s.? is that something that you think is doable and

u.s. policy towards syria. it now seems clear that that missile strike was, if anything, an abandonment of what had been stated u.s. policy in syria. part of the way you can tell that is that that missile strike has been followed by a week of confused, contradictory, all over the map statements from the administration about what that missile strike was for, why the united states did it, what it means about what we're trying to get done in syria in the larger sense that we now have started shooting missiles at their air bases. i will say from a white house perspective, it seems they are less concerned about the criticism of their incoherence on this matter and more excited about how that missile strike got the first good round ever press he's had. there do remain the questions of what was that for? what is the united states trying to do in syria? what are a thousand u.s. service members risking their lives for tonight in syria? what is the u.s. mission in syria? and does that missile strike

i expressed the view that the current state of u.s. russia u.s. russia-- relations, there is a low level of trust with us. the world's foremost nuclear powers cannot have this kind of relationship. we further discussed approaches to improving our channels of communication. length with the use -- abuse of syria and possible ways forward. .arlier today, foreign minister -- the foreign minister and i at a lengthy conversation about issues requiring immediate attention. and also longer-term attention. that anstand improvement in the long term relationship will be required if we are to make progress on issues where we have different views. we spoke extensively on syria and, in some areas, we's chair a college --we share a common view. to deny a safet haven for terrorists who want to attack both of our countries. we agree that north korea has to be denuclearize. we agree there needs to be more senior communication between our two countries. both at a diplomatic and military level. there is a broad range of other issues at which we have differences. impl

from 1995 to 2000, u.s. investment banks organized 167,000 mergers and acquisitions and telecommunications. and investment banks earned a total of $13 billion in fees from those mergers and acquisitions. in 2001, the utilization rate in the amount ofion, telecommunication infrastructure actually used was 2.5%. that is bad. i mean, that is a sign of real illness and the underlying dynamics of the economy. the corporations often times are going into debt to buy their own stocks as part of the bubble. it is also true that families, household and individuals had gone on a binge of debt during the late 1990's, to purchase, to make the stock market purchases. because if you own stock, they keep going up and up, in your private account or your pension or 401k, why save? you see the u.s. savings rate really just plummet in this time as well. and volcanic, unprecedented volcanic growth in household debt. another metric of it right here. and the stock market bubble pops 2001, 2000 and technically the u.s. entered into

u.s., though, says it is not convinced. it is questioning if russia helped syria carry out this atrocity. here's jim sciutto with the very latest. we need to warn you some of the images in this piece are very disturbing. >> reporter: the u.s. military is investigating whether russia was complicit on kpem attacks on civilians. specifically whether a russian plane dropped bombs on a hospital victims of an attack five hours later perhaps to destroy evidence. u.s. intelligence shows a russian drone flew over the hospital site just before the bombing. this comes after president trump ordered a barrage of missiles on a syrian air base in retaliation. the first u.s. military strike against the assad regime in the country's bloody six year civil war. u.n. ambassador nikki haley warned of possible further u.s. military action. >> the united states took a very measured step last night. we are prepared to do more. but we hope that will not be necessary. >> reporter: the target of the strikes was syri

u.s.elieving that projectile was likely a ballistic missile. pyongyang claiming it is working on a rocket that is capable -- or could be capable of delivering a nuclear weapon. the timing of this is extraordinary. as itnother provocation is being viewed by tokyo ahead of the key summit between the chinese president and president trump. u.s. administration has previously said if china is not doing anything about north korea, then the u.s. will. it makes that meeting ever more interesting. let's get the first word news. richmond that president has resigned after a leak of information about the central bank's policy options. he admitted he should've ended a call with an analyst who brought up a sale. he failed to inform the board that the analyst had the confidential information. he was due to resign in october and was not a voter this year. china became the biggest buyer of u.s. oil, surpassing canada by quadrupling its purchases. china took over 8 million barrels helping boost u.s. exports

the u.s. regarding it as act of aggression. what do you expect to hear from the assad regime and what do you expect to happen in the assad regime in syria? >> i expect him the assad regime not to escalate him any further. first four years of the civil war, assad was in the brink of being overthrown, only after the russians intervene in the last 18 months that the tide of the war has been reverse. the last thing assad wants to see renewed commitment to overthrowing him. overthe russians, frankly i'm happy that the russians sound disconbobilated. we are very unhappy. i expect given the amount of issues the u.s. needs and russia need each other on, the russians aren't going to escalate any further either. nicole: rex tillerson has been saying that he talked about allies in europe and turkish foreign minister calling for ousting of transition that has long been waited, your thoughts? >> that started with a popular uprising, people were suppressed fbi assad regime and people split and fighting back

betty: and the u.s.ing that westinghouse is 800 $50 million loan does it had a $50 million loan is not enough to support operations. steve, what are utility saying exactly? are saying that westinghouse will not be able to pay their bills. lastnghouse went bankrupt month at the end of the month, and there have been many claims ,- westinghouse is a big complicated nuclear reactor maker. in a partnerships and deals with an utilities. a group of utilities in the northeast have said that the money westinghouse has received in their bankruptcy protection filing is not enough to cover all of their bills. he after member that westinghouse burned through 900 million dollars -- you after member that westinghouse burned in january0 million and february. the utilities are saying look, the first two months of the year, they burn through a sickly all the money. what will stop them from burning through that now? we need some protection. to makefolks to help us sure they can pay back those bills. that is what is happeni

the u.s. secretary of state has demanded that russia abandon its support of syria setting the two countries up for a when rex tillerson meets his russian counterpart in moscow. the comments come as the trump administration said it clearly showed the aside regime was behind the chemical attack on civilians. joining us on the phone is henry meyer, bloomberg's political reporter in moscow. first off, how are the russians responding to this, are they sticking to their false intelligence claims that this reminds them of couldn't or a spokesman of britain said this reminds them of the intelligence that was gathered during the second iraq war. ; he described the chemical attack and provocation as something that has been staged as a justification for the u.s. strikes in syria. that puts him in a very belligerent mood as we head into this meeting today. whether do not know they will receive tillerson or not. the likelihood is they will but they will keep him waiting for several hours to show him who is

the u.s. just dropped on afghanistan. it is the most powerful nonnuclear bomb ever, unleashing an explosion equivalent to 11 tons of tnt with a mile-wide blast radius. we'll go to kabul to get reaction, and we'll speak with kathy kelly of voices for creative nonviolence about their campaign to end u.s. military and economic warfare. she's just back from afghanistan and is now among 20 peace activists who are on day five of a vigil and fast in front of the united nations to protest the ongoing u.s. support for the saudi bombing of yemen. >> we're hoping to this fast and vigil, people all across the united states will start to recognize we cannot turn the other way and ignore what is happening in yemen. we also hope to bring people attention tobring south sudan, nigeria, somalia, countries nearby which are also nearing a trio of near famine conditions. amy: then hundreds of undocumented immigrants are on hunger strike to protest the conditions and extremely low wages at the for-profit northwest

[ gunshot ] >>> u.s. military is investigating whether russia was complicit in the syrian refwim's gruesome chemical weapons attack on civilians. >> the united states took a very measured step. we are prepared to do more. >> i wish we would have obeyed the constitution and done this the way our founding fathers intended. >> it was the right move. it was legal. >> the president at his mar-a-lago resort have his full command center with him. >> there are tensions within the white house just as there are tensions within president trump himself. >> all the focus is also on russia. the secretary of state will be going there next week. that's where this goes next. >> welcome to our viewers in the u.s. and around the world. i'm victor blackwell live from new york. >> i'm brianna keller in washington for poul poul. the united states is delivering a stark new warning for syria and keeping a suspicious eye on russia this morning. the pentagon is investigating if moscow was involved in the syrian chemical attack. th

u.s. relationship will further be strengtdened and build a high level to investment stun guards and to the asia and pacific region that is free and fair trade rules. to rectify our fair trade and practices in the region, japan and the united states agree to further our mutual cooperation. being mindful of wtos that dispute cement procedures, japan will push forth. japan u.s. authorities to work ever more closely including foreign affairs as well as general counsel office which was newly formed. on the cooperation on economic and structural policy area, japan and u.s. will actively use three pronged approach of fiscal monetary and structural policy agreed at g 7. and will discuss the ways to lead a balanced and strong growth. views will be exchanged on international economic and financial developments and we'll work closely. one sector of cooperation such adds high speed rail and energy, various themes were japan could incorporate would be taken up. japan and u.s. economic relationship will

in response to the u.s.p to a port in western syria in an apparent show of force. why are ties of syria so important to russia? >> reporter: ana, a fair question to ask why any country would want to get its military involved in something like this? the answer when it comes to russia is because they already are. look, here's syria and all of these dots represent the place where the syrian military has bases and where some of the rebel forces have bases as well. right in the middle of it all here are four big russian bases out there. and there are russian troops spread around other areas as well. thousands of them. we don't have an accurate count but it runs into the thousands. there are also russian jets, helicopters and radar systems and air defense systems. take a look at if you want a sense of it. the middle flag over there on the far side, this that is this ground right here. this quadrant right here n 2014, it looked like this. and in 2015 it looks like that. a brand new state of the art base built for t

u.s. is ready to deal with north korea's nuclear threats with or without china's help. just days before mr. trump is set to meet in florida with china's president. >> in a new interview, president trump told the financial times, said they'll either decide to help us or they won't. if they don't that will be for china. if they don't it won't be good for anyone. >> earlier cnn spoke with one of the journalist who interviewed mr. trump. >> it's difficult to tell with donald trump, he's certain he has some of thiz stancontrovers stances on china. north korea, after president br barack obama told him. i think he wants to do something about it. you know, he would like to have chinese help, if that's at all possible. >> as we heard, it's important to remember mr. trump campaigned aggressively against china. here are some of the statements he made during the campaign trail. >> we can't continue to allow china to rape our country and that's what they're doing. it's the greatest theft in the history

u.s. secretary of state rex tillerson says relations with russia are at a low point. he says that trust is hard to find. both sides have agreed to try to find a peaceful solution for syria, but tonight, russia has just vetoed a united nations security resolution that calls for an investigation into the chemical weapons attacks. also coming up -- after the dortmund team bus attack, that postponed the match against monaco, and president zuma's 75th birthday, but he is not invited to this party. south africa's opposition pushes to get rid of the controversial president. and germans in a photographer michael ball house known for his contribution to hollywood movies has died at the age of 81. we will take a look at his life and his work. -- german cinematographer michael ballhaus. i'm brent goff. it's good to have you with us. after a day of talks in moscow, u.s. secretary of state rex tillerson in moscow said u.s.-russia relations are at a low point, marked by what he says is a severe lack of

the u.s. and around the world, i'm robin. >> i'm michael holmes. >> the kremlin denying allegations that its military may have been complicit in the use of chemical weapons against syrian civilians earlier this week. >> it is questioning if russia helped syria carry out the chemical attack from that airfield near homs or knew about it and did not stop it. we get the latest from barbara starr. >> this was the message president trump wanted to send to bashar al assad. attack with chemical weapons, the u.s. will attack you back. 59 cruise missiles striking the syrian air base, the u.s. says was used to launch aircraft killing men, women and children tuesday with a nerve agent filled bomb. the pentagon said the strikes severely degraded or destroyed their intended targets which included aircraft and aircraft shelters. fuel and logistical storage. ammunition supply bunkers and air defense systems. >> the united states took a very measured step last night. we are prepared to do more. >> reporter: th

u.s. treasuries probably being the easiest one. u.s. treasuries are probably morehan likely doing better. inathan: on the other side, just wonder who is the most market friendly candidate to come into the second round? >> i think what we saw from the market reaction, le pen is actually the more market butndly potential candidate interestingly, we saw what happened in the u.s. when the news mentions go up and the candidate rices quickly. market reaction at least in terms of some volatility was impressive. perhaps if you look at the french equity market, volatility is not that high yet. jonathan: in the bond market, we captured that story. you see the spread, the spread keeps blowing out, blowing out, blowing out on 10 years at 70 basis points. , youkind of political risk talked to me about what you are seeing in european high-yield the time of this political uncertainty dominating for at least several months. >> the good news there is you are fairly valued by my analysis. you can look at th

the u.s., it's all about geopolitics with north korea, syria and russia at the top of the agenda. it does seem this safe haven buying is something we're seeing for the time being. just look at system of the pops we've had there. spot gold, 1,274. 1,2 7 within the la 1,277 within the last couple hours. >>> the auto sector bolstered by first quarter figures coming through from daimler, travel and leisure higher, retail flat to lower. so that's the market picture. >> let's get more investment analysis with the chief investment officer from cross bridge. there's clearly more flight to safety. i read an interesting article this morning by a cnbc contributor saying the u.s. is headed for a bear market, that's usually characterized by rising interest rates and the u.s. going to war. the u.s. going to war, of course, that's a very left-field scenario but might happen given the rise in geopolitical tensions. is there risk of this happening? >> i don't see a risk of this happening. in my mind, inflation

the u.s.id not remain the number one place. where do you think your students are looking at actively? will be at the heels of the u.s. or china or india? which country is thriving the most as the u.s. loses the battle? >> they are going back to their home country. chinese students are going back to china. baidu has better artificial intelligence than apple. in china, they are doing gene editing where you edit living cells. china is leading the way. they are making all suites of advances. china might be ahead of the united states in that. in robotics, japan is doing amazing stuff. korea has self-driving cars. india is working on lunar lander's. as a company shooting to put a lunar lander on the moon. before, this was the only place it happened. , theon valley for tech u.s. was the center of gravity. now you can go most anywhere in the world. you can go to brazil and see the amazing stuff they are doing. you caniago, chilly -- go to santiago, chile. you can see innovation all over the world. we

the u.s. reaction to the proposed three-party talks, u.s., china, and north korea, or the five-party talk? mark: the u.s. remains open to credible talks on to de-nuclear station of the korean peninsula, but secretary tillerson said conditions have to change before there is any scope for the talks to resume. this is not to say we are dismissing the idea of talks, but what is important to note is that we need to see a real addressy north korea to the international community's concerns about its nuclear program before we believe having such talks is worthwhile. talk, any credible effort to sit down and negotiate the denuclearization of the korean peninsula is on the table, but we need to see more. to this happened up time is the six-party talks have been a delay mechanism. reporter: i have one last cap question on china. can you update us on the first round of the u.s.-china diplomatic dialogues? what would be a major mechanism for bilateral -- mark: i will have to get back to you on that. i awar

think the u.s.ength that had been there following the election obviously has dissipated a little bit, but overall we still see the u.s. ,conomy strengthening continuing to be strong, so that should continue to be supportive of u.s. strength and a longer-term cents. sense. >> we will be discussing what is next for france, the eu, and the markets over the next hour, joined by rik spooner from cmc markets, and later, we look at the latest investment opportunities with fidelity. at 9:40 a.m.ergy hong kong time: 9:40 p.m. if you are watching in new york. coming up next, north korea celebrates the birth of the nation this week, and some observers expect it will be sending a message to the world. this is bloomberg. ♪ york.m betty liu in new this is "daybreak asia." big stories. we will cover them here on "daybreak asia." north korea's celebrating the 85th anniversary of its founding. are faring pyongyang may celebrate by launching another ballistic missile are testing a nuclear weapon, so geopolitical risk

by 2007, the five major u.s. investment banks, including bear stearns, goldman sachs, lehman brothers and morgan stanley, had leverage ratios to one.30 and 40 that is a joke. what that means essentially is that a less than 3% drop of asset values, the stuff you own on your books, less than 3% can wipe you out. it can make you insolvent. to meet your obligations, these banks are relying upon debt financing like the short-term credit markets, like repo. all right the banks are , originating these assets, the derivatives, the securities -- mortgage backed securities and they are using them as collateral in the repo market to get loans to finance operations, which often include producing and synthesizing more mortgage-backed securities. it could work, so long as those assets were worth what everybody thought they were worth. and as long as markets stayed liquid, in other words, you can always borrow $70 billion overnight using the mortgage-backed securities as collateral. in 2007, housing prices were stalling and ame

u.s.esolve over north korea to the japanese. and in a welcome move, japan returned the favor. the president of japan said he supported trump's stance. that strategic patience is over. >> abe added that dialogue for the sake of dialogue is useless. >> pence and japan's deputy prime minister about to hold a news conference in tokyo. we'll bring you that when it starts. let's go the alexandra. what did they discuss? >> yeah, absolutely, dave. that's what you should hear when we have the press conference coming up shortly. it's a reaffirmation of the cooperation. this is the third trip from a trump administration official. this on the heels of the visit of the secretary of state. and before that, the secretary of defense. all of them trying to offer ashurss that the u.s. stands shoulder to shoulder when it comes to confronting the north korean nuclear threat. the trump administration's recent rhetoric that came from sh shinzo abe. all options must be on the table. he did, of course, go on to r

her run of a gutierrez became ambassador in january of this stranger tois no u.s. and u.s. policymakers. his previous job was as head of the north american development bank, which is headquartered in san antonio, where he undertook a number of initiatives, particularly to focus on infrastructure all along the border and focus on innovative financing mechanisms. he substantially increased the bankportfolio of the nad over the years he was there to an average of 32% increase per year during his time there. he was under secretary of foreign relations for north america. that is where i first got to know him. i have observed in and have been very impressed with his knowledge not only of mexico, but of the process and the politics of the united states, and the relationships that he has made. because of that, i feel very confident that the relationship we have will grow even stronger during his time in washington. ambassador gutierrez, would you say a few words? [applause] thank you very much, ambassador. as always, you are far too generous with your comments. thank you all for be

the u.s.issile strikes against syria, we are not seeing huge drops here. in fact, this morning for a wild, some of these numbers were green. ftse futures down .25%. dax futures down .5%. you will see those moves are pronounced. they are not exaggerated this morning. let's look at boones here. -- bunds here. investors are getting into the safety of german government debt. you will remember that yesterday we saw pretty similar levels. point 25%. not a huge drop down from where we saw boones -- bunds before. you will see some flight to safety, but it will not be a huge one. guy: and another thing to remember is this happened in the middle of the night for u.s. and european traders. we know about some liquidity issues surrounding asian trade. it will be interesting to see how the response progresses as european and u.s. liquidity kicks into the markets as we work our way through the morning. the russian down, ruble, one of the biggest losers on the back of this. the yen is up 2/10 of 1%. to matt's

. >> u.s. officials say the tom ho -- missiles hit the target. >> president trump said there can be no dispute syria used chemical weapons on its people. now russia disagrees with that analysis. his call a stunning reversal on syria and assad. remember, the president was silent about this attack for over a day and as recently as last week his administration opposed removing the brutal dictator. he had been out spoken of anything in syria after the much more serious attack by assad in 2013, so was this a legal move by the president and what happens next? we have the global resources of cnn covering this breaking story. let's begin with cnn's ryan brown live at the pentagon, what do we know. >> reporter: the 59 tomahawk missiles were targeting this air base that the pentagon believes was linked to the chemical attack. they show them leaving and returning, it's all designed to disable the base preventing it from conducting future operations and the pentagon says it was to prevent assad from carryi

u.s. drops the mother of all bombs. why now and what message does this send? good morning, everybody, i'm lauren simonetti. >> good morning to you, i'm lea gabrielle. vice president pence to the region. lauren: yesterday stocks took a dive. dow following 131 points on the week, down over 200. >> stocks in asia also with concerns about global tensions, nikkei sliding half of a percent and the kospi in south korea six tenths of a percent. lauren: today we will find out how march retail sales faired and as jc penny starts to pull back on plans to shut 138 stores at least for now. >> would you buy a pickup truck from this man? he wants to put you behind a tesla or even a big rig. lauren: 15- inning game, the longest ever played in marilyn park. washington capital survive a scare and beet -- bait the maple leafs. >> welcome to fbn:am, first look at morning markets, breaking news and what to expect for the day ahead. lauren: thanks for joining us, everybody. the u.s. dropping the largest nonnucl

u.s. military strategy in the asia pacific during the hearing of the senate armed services committee. experts in the fans and foreign policy testified on strategical relations with china, south korea, north korea and india. business 2.5 hours. -- in the fans and foreign policy testified on strategical relations with is this 2.5 hour. >> the committee meets his way to receive testimony on you as policy ends strategy in the asia-pacific region. i am pleased to welcome our panel of expert witnesses come all with deep knowledge and experience in the region. the senior adviser and korea chair at the center for strategic and international studies. aaron friedberg who is the professor of politics and international affairs at princeton university. and the former principal deputy assistant secretary of defense for asia pacific security -- irs and senior fellow am having trouble with my enunciation. strategic affairs at the endowment for international peace, an old friend of the committee. america's