and secondly, u.s. priorities shifted rapidly after the desert storm war, the madrid peace process began, the first bush administration was invested in that, pushed it hard, iran was very much an opponent and that soured prospects for better relations. so, i would score the first bush administration as a period of containment, even though there was talk about engaging, pursuing engagement, but that never got off the ground. the early clinton period largely continued this. the clinton administration was pursuing many of the same goals as the bush administration the -- in the middle east, especially the israeli-palestinian peace process, which morphed into the oslo process under clinton. also in the early clinton years, iran was carrying out a lot of terrorist attacks, especially in europe, but also elsewhere, assassinating iranian exiles and also a couple of attacks in argentina and elsewhere. so, this is a time in which iran was really being rather schizophrenic, on one hand being open to the united sta

regarding afghanistan the u.s. is not in harmony here so the only way out of this crisis is that the taliban agree sure some flexibility agree with the u.s. and then hold talks with the gun government the elected government in kabul hold indra gone dialogues there is the only way out of this crisis and i believe this is going to happen sooner or later these are just you know bargaining tactics. thank you very much for the analysis. thanks for having me on the show let's take a look now at some of the other stories making news around the world turkish and u.s. troops have conducted their 1st joint ground patrol in northeast syria ankara's established what it calls a safe zone in the area i mean it has away from its border also wants to resettle up to a 1000000 syrian refugees in the region. sudan has sworn in its 1st cabinet after the ouster of long time. that by prime minister abdullah it includes 4 women among them the foreign minister the cabinet part of a power sharing agreement between the military and pro-demo

u.s. and situate these hosted this discussion on the u.s. alabama peace process -- u.s.-taliban peace and sustainable talks in the future. this was followed by a panel discussion with academics and former administration officials. this is two hours. andrew wilder: i think we'll go ahead and get started. good morning. my name is andrew wilder. i'm the vice president here at usip at the asia center. i'm delighted to welcome today to today's are important and timely event. as many of you know, usip was founded 35 years ago by members of congress as an independent nonpartisan national institute charged with the vital important mission of protecting mitigating and resolving violence abroad. today's topic is very near and dear to usip. we've had an office in kabul since 2002 and where closely with the afghan and u.s. governments, civil side organization, and others to address underlying causes of instability and violence. support to the afghan peace process is a top priority for usip. we dedicated considerable effort over the last two years to support research, dialogue, skill

the u.s.-taliban agreement between the united states and the taliban, which will be initially the topic of today's discussion. that deal is now uncertain. while the u.s.-taliban talks have been ended, at least for the time being, the urgency of finding a way to reduce violence and achieve a political settlement of the conflict remains. the taliban and afghan government, backed by the u.s. and nato allies, are in a military stalemate. other groups like isis and al-qaeda retain footholds in afghanistan, and afghans continue to suffer ever greater civilian casualties. the need for peace is palpable. whatever path lies ahead, we know the way forward must provide lasting security and for serve the people of afghanistan. we have an exceptionally well-qualified group of people today to discuss where things stand in the peace process and help illuminate a very complex situation and identifying ways forward including afghanistan ambassador to the united states, roya rahmani. welcome. a distinguished pa

turkish and u.s. troops have conducted their 1st joint ground patrol in northeastern syria and korea has established what it calls a safe zone in the area i mean to keep kurdish fighters away from its border turkey also wants to resettle up to 1000000 syrian refugees in the region. hundreds of residents of great abaco island have arrived in the bahamas capital mass south survivors of hurricane dorian's assault on their homes many were met by family and friends the united nations say some 70000 people are in need of food and shelter. 4 crew members are missing after a cargo ship capsized off the state of the u.s. state of georgia the 200 meter long craft carrier reportedly caught fire shortly after leaving the port then rolled on its side or thora are investigating what caused the ship to overturn. thousands of people marched in bosnia as 1st of a pride parade in the capital sorry i went off peacefully despite fears of violence prompted by muslim groups who organize council rallies bosnia is the last b

the u.s. considering some investment restrictions potentially on chinese companies and the market did not react so well to that wall street traded negative by the close on friday and heavy session for asian equities and that panning into the european session. we only have ftse and the cac trading slightly in the green the german index slightly below the flat line and the italian is slightly underperforming in terms of sectors, we are seeing as ever the trade exposed sectors are underperforming today. household goods luxury down .3 percentage point technology as well, down .3. again no, surprise there given the news that came out on friday of the potential escalatory rhetoric of china and u.s. not boding well for markets. we have the wto ruling that we'll talk about in a little while from brussels when we speak to willem. banks recovering somewhat up about half a percentage point as well we are seeing some of the cyclicals do well this morning but of course the trade sensitive sectors are under

u.s. holdings rick will has brought us holdings thanks so much for your time always a pleasure thank you. and finally today marks an unprecedented global action on the most dire problem of our 21st century economy the race to transition to energy and other technology that does not generate greenhouse gases and contribute to human caused climate catastrophe among those millions were employees of some of the biggest names of our contemporary economy and tech infrastructure including amazon google microsoft and twitter workers at amazon organize under the name amazon employees for climate justice and said that 15000 of their fellow workers are amazon and another 700 google pledge to strike today to push their bosses to take action on climate but overall children and students were visibly in the lead today leading marches in number number of cities large and small across the earth famed teenage climate activists. cited on twitter and estimate that 3000000 people participated in the day of acti

the u.s. pivot and the asia pacific is really intended to create the ability to put a loaded gun to the head of china and say you know you will do as we say otherwise we will be able to restrict or we'll be able to shut down choke off your importation of oil and other resources. that were. out. for 9 years every day often twice a day these catholic priests have staged a mass the blocks the gates of the new military base on stranger while. i. was. told her all of this. in a country where political demonstrations can be easily by and unlike powerful religions the tactic has produced the spectacle of resistance or you get merkel there are 43 or. more r r r r r r r r. r r r r r r r not all your normal married. father moon jong who has led the fight to stop the base being built. and several times suffered serious injury i. should. say. hullo ito oh hello hello. i sing for every. american in the message here and the man and gandalf liberal sorry. to the defunct tempt of song if they feel. that the w

u.s. policy towards iran and iran's nuclear program, which began in 1957 with the assistance of the eisenhower administration as part of an "atoms for peace" initiative. good morning. this is an amazing crowd. we have already turned away a good 50 people or more. kennedy, director of the national history center. i want to welcome you to this re-think on the history of u.s.-iranian relations. this is part of an ongoing series at the national history center to bring historical perspectives to current issues that are confronting congress and the nation. the purpose of the program is not to provide or advocate for any political position. it isnonpartisan, intended to inform policymakers and the public about the issues they are dealing with. want to give a few thanks, first to the mellon foundation for providing funding that makes these briefings possible. i also want to thank our helpingt, jeffrey, for make the arrangements. i want to thank the office of gerry connolly, which booked the room,

u.s. president donald trump claims of a white house walking down and covering up evidence of a president abusing his power with one eye on the next election tonight president has reportedly compared the whistleblower to a spine committing treason that as the u.s. is spying chief today told congress i believe the whistleblower did the right thing i'm bringing off in berlin this is the day. yesterday we were presented with the most graphic evidence yet. that the president united states has betrayed his oath of office it just seems to me though that it is a president that i would also say i think that it's decision by the president yesterday to release the transcripts of his conversation with the president of ukraine is probably unprecedented as well. so that anybody you or anybody in your office leaked this to the washington post a.b.c. news. thank you beverly be a chela distributed we have to keep a secret. also coming up tonight iran and the united states all this week at the united nation

firstly, we are very long the u.s.. 90 plus percent u.s..t least half of our securities businesses are here. ,his is an $18 trillion economy the strongest and most important in the world. have been aggressively building our asian business which is 14% or so of the company. with the trade talks, things have slowed across asia. but our job is to try and look past six months hiccups or slowdowns. certainly, my job is to think out five years. traders are thinking every five minutes, i'm trying to think five years. carol: can you do that in this environment? >> you have got to. we have been around for 85 years. we have been managing 2.6 trillion of people's money. they are not selling in and buying on the next, things actually move in small increments. it is things like the public markets or m&a transactions. but most of our core businesses are relatively immune to what is going on. you would not see the impact on our wealth management business. jason: let's talk about the public markets. the public markets have been something to watch, to say th

the u.s. tariffs on japanese car imports were off the table. so we saw in the session those tech stocks and consumer stocks gain ground and leave the rally. the nasdaq gaining more than one person. let's see how things are shaping up in asia. sophie: trade lines taking the spotlight, frustrating investors who want to focus on fundamentals. you might get data points that could drive back. hong kong trade is on the agenda along with a rate decision from the philippines. in japan, the signing of an initial deal with the u.s. may lift auto tariffs on the sector. the nikkei could be looking at gains with futures adding .2% in chicago. it began trading study after snapping a four-day advance. paul. paul: thanks. joins us nows -- from tokyo with the latest on shinzo's comments. it appears there may be a limited deal. what more do we know? chris: that's right. it is likely to be a sigh of relief in tokyo this morning. the japanese prime minister's success here in getting this interim deal is likely to

now turkish and u.s. troops have conducted their 1st joint ground patrol in north eastern syria it's part of a planned so-called safe zone the neighboring turkey has been pressing for in the washington region anchor of hopes the buffer zone will keep syrian kurdish fighters which it considers a threat away from turkey's border the u.s. sees the kurds as allies in the fight against islamic states turkey also says some syrian refugees could be resettled in the. ok let's have a look at some of the other stories making news around the world today police have begun to disperse crowds in hong kong off to thousands of protesters marched to the u.s. consulate and urged president donald trump to quote liberate the city demonstrations of calling for help from foreign governments as they press for more democratic freedoms beijing meanwhile has alleged that hostile foreign crit groups have been fermenting the unrest. china's trade has shrunk in august as the tariff war between beijing and washington worsens beijing's

u.s. since 2007. also the show soaring through paris iconic river this startup wants to revolutionize europe and travel one vote right now to talk. business global markets have reacted to a surge in oil prices after a drone attack on 2 major processing plants in saudi arabia the lower oil production is not the only concern u.s. president donald trump says he is ready for military action against those responsible u.s. government officials have blamed iran as the main culprit sparking fears of escalating geopolitical tensions. these are the images that inspired dread in politicians and investors around the world saudi arabia's largest oil refinery up in flames and half of the country's oil production slashed at least temporarily by one airborne barrier. appearing on a t.v. station sympathetic to their cause rebels based in yemen said they carried out the attack but the u.s. has pointed the finger at the backers the iranians want to reiterate that the united states whole heartedly can. iran t

the u.s. reached a trade deal with japan. the agreement could be signed next week. the brexit drama. boris johnson skipped a news conference as his host says the u.k. is not serious about talks. shery: let's get you started. we are seeing u.s. futures slightly higher by .1%. this after the s&p 500 slumped the most in two weeks. coming after president trump announced an initial trade agreement with japan. when it comes to the safe haven moves we saw in the last session, we had wti crude higher, the biggest gain since february of 2009. those are being reversed with gold futures getting pressure, down .3%. not to mention, wti holding above the $60 per barrel level but still under pressure, down 1.5%, this after jumping 13% in the previous session, given the previous attacks on saudi arabia and oil facilities. let's see how things are shaping up in the asian markets. sophie: there may be impetus for risk appetite after the mixed session we saw on monday when energy shares rallied while financial f

s had been able to apply for asylum once they set foot on u.s. soil regardless of how a car fare while the number of migrants apprehended at the u.s. border with mexico has dropped in recent months president trump says the deployment of thousands of mexican soldiers has helped produce numbers castro has more. so. campaigning to curb illegal immigration to the united states president donald trump has tested a variety of policies to stem the flow of migrants across the southern border some were widely considered disastrous like the 0 tolerance rule of 2018 that separated thousands of children from their parents but other policies have been more successful u.s. customs and border protection says border arrests have dropped dramatically since may's peak of 140000 people now that number is down to 51000 in august according to preliminary figures the numbers are really good i want to thank again the country of mexico they have 25000 soldiers right now protecting our border and they've done a fantastic job so we appreciate that very much that is a much

as the u.s.t outlook deteriorates, analysts looking at a 3% drop in third-quarter profit, that was supposed to be when the rebound was going to begin in earnest earlier in the year. everyone was expecting 10% growth in the third quarter. now we are expecting a decline again. it is this dynamic between when will this weakness in profits and certain parts of the economy start to affect the consumer, start to affect the labor market? it looks like we could be getting closer to that. vonnie: it bears repeating that factory activity data we saw, it is the first time it has been in contraction territory in three years. and 2016 turned out to be a false alarm. we do not going to recession, but it was a week period for the economy. the oil market was weak, credit markets started getting nervous. it is hard to imagine this not recovering unless we do get some sort of closure on the trade deal. based on everything we have read and all today, we are further and further apart. .uy: talk's to us about btp's t

u.s. plans to levy tariffs on european aircraft in aerospace parts as well as wine cheese and luxury goods the decision is the latest in the 15 year old trade dispute with the u.s. accusing europe of subsidizing air bus and the e.u. accusing the u.s. of subsidizing plane maker the plane makers biggest rival boeing. and let's bring in our financial correspondent in new york jose luis to haro was is there was a could this open a new trade dispute between the u.s. and the e.u. . it seems to be decays id's point especially stephen even determined to ministration goes ahead with its strategy as has been reported trying to implement what it's known as i approach what these they mean basically is a response designed to increase the negative impact of those targets against the european union under these kind of retaliation by country in this case the united states regularly shift around to tell you did the goods of those. same time increases uncertainty and pain over the receiving it won in this c

the u.s. is already can blame on iran and we will see a lot more as that goes forward but what happened with prices was this knocked out 5.7 million barrels per day of production that's roughly nearly 6 percent of global supply. that is the biggest supply disruption in the history of the worland it happened in an instant. this happened when global oil markets were closed. we had to wait until sunday afternoon for the asian markets to open and smp global plats analytics forecasted there would be about an increase may be to 70 to 75 dollars a barrel. there is a new risk premium obviously, maybe it could go eventually to 80, we saw a massive increase. 19 percent increase by the end of monday prices settled and went down, he went up to about $69 and increase about $8.80, a massive increase for the market. yesterday the new saudi energy minister comes out and says we can have reduction back, this is a massive loss significant loss of production but we can have everything pretty much back to normal

the u.s. of afghanistan and voice said recently that the trumpet ministration was on the threshold of an agreement with the taliban how close were they really by the sounds of it rather close if you ask the americans and also if you listen carefully to what the taliban spokesperson has been tweeting and putting up on the internet as they went along these to go she ations there were if you look at that he 1st said we have very close then he said we are on the threshold and then he even went as far as saying we have an agreement in principle that only needs to be nodded off by president trump that exactly hasn't happened now he himself if it comes to the president has kind of a 2nd shoe to turn around 1st before it was him basically at full kate in for direct talks with the taliban that happened on the history of ministration not obama not bush and now he seems to be the one to call things off completely or only temporarily that remains to be seen we simply don't know yet at this stage and ok so

nancy pelosi says the u.s. house of representatives will begin impeachment inquiry into the president. today i'm announcing the house of representatives moving forward his official impeachment. international commitments to the u.s. fails to several members of the russian delegation.

and u.s. president on that recording and automotive industry would know that there will be a new transitional year it's. following the partial trade deal with the u.s. the japanese auto industry claims that talks are underway to exempt cars from task client base the contract is standing by to break down the latest on the transpacific deal. maybe only a decade old but if it coin has already disrupted the payments sector but is there a future for crypto in the global currency market boom bust managed to catch up with roger vera the founder of the coin dot com for his take on the future of finance we're going around a big world of business news today 'd to capture turbulent week let's go. a challenge to china's belton road initiative leads our global report today as japan and the european union unveil a sweeping deal to build asian infrastructure and to facilitate commerce in energy european commission president john claude juncker signed a highly touted connectivity plan on behalf of the e.u. on

the u.s./china economic and security review commission hosted this hour and 40 minute event. >> good morning, and welcome to the last hearing of the u.s. economic and security review commission's 2019 annual report cycle. thank you, all, for joining us today. our hearing today will review and assess key developments in the economic and security dimensions of the u.s./china relationship in 2019. and examine china's relations with taiwan and hong kong. commission began its hearing this year which marks the 40th anniversary of the establishment of u.s./china diplomatic relations. by examining china's internal and external challenges and their effects of china's ability to sustain economic growth, project power, and spread its influence around the globe. this year has been one of extreme volatility in the relationship between the u.s. and china. change and unpredictability have been so significant since we began our hearings this year that commissioners thought it would be valuable to revisit and

president in u.s. history has ever been brought down with impeachment proceedings it's never happened that we've had a u.s. president removed via impeachment now trump says that if the democrats go ahead with this he may actually be the beneficiary in the 2020 vote this is donald trump . granted it was or whatever and if you take a look at the democrats they went down to see the president of ukraine and they asked him for all sorts of things it's the single greatest witchhunt in american history probably in history but in american history there was no pressure the way you had that built up that color was going to be the coal from hell that turned out to be a nothing cool and now we've got a strong reaction coming from the democrats they seem quite excited about an impeachment inquiry and quite angry at trump's behavior they say this transcript confirms their allegation that he has quote betrayed the country however not all democrats are in unison on this we've heard from tulsa gabbert the congresswoman

the u.s. congress may be forced to pursue impeachment if it's confirmed president trump pressured ukraine to investigate democratic presidential hopeful joe biden according to u.s. house intelligence committee chairman adam schiff u.s. media reports claim donald trump asked the ukrainian president to investigate biden over allegations he used his position as vice president to help his son the phone call was reportedly the subject of a complaint by an unnamed whistleblower the u.n. is warning world leaders attending its climate change summit in new york that the effects of global warming are speeding up the world meteorological organization says the average global temperature for 2015 to 29 teen is on track to be the hottest of any 5 year period on record and sea levels have risen by 5 millimeters a year israel's main arab political parties have endorsed ex military chief benny gantz for prime minister in a bid to oust benjamin netanyahu the move breaks a 27 year long policy of not backing any

the fastest-growing u.s.es have become too extensive for their own good, according to one of the head strategists at ubs. he is saying they are pretty much set up for more of a selloff too costly to ignore for this chart. shery: thank you so much for the latest on the markets. for a closer look at the macro forces guiding markets, let's bring in anne berry from cornell capital. always great having you with us. we continue to see this rotation into value stocks, and away from those growth stocks. is this a trend we could see continue over the long-term or is this a temporary shift? guest: it is a trend as you would inspect a seat as the geopolitical landscape becomes increasingly uncertain. it is reminiscent of the private equity space. trying to drown out the noise of the short-term volatility. one of the really stable, long-term business models that can be somewhat insulated from these short-term movements. i think it is an interesting shift in terms of where to finding pockets of value. shery: how do you fe

the u.s. had canceled their visit to u.s. farms. that led markets lower. we had trade sensitive stocks, like consumer stocks and tech, leading the declines. the nasdaq fell the most in over two weeks. after the close, we saw local media reports in china that the cancellation of those trips to u.s. farms had nothing to do with trade negotiations. perhaps risk on sentiment being felt across the market. treasuries rallied throughout the week. 10 year yields now at the moment at 172 level. let's see how things are shaping up in asia. japan markets are closed on holiday, but the nikkei futures are open today. any market moves that we see may be exacerbated because of the trading. looks like futures are set up for a mix, mostly higher, when we saw the nzx 50 open 1/10 of 1%. that is after the reversal and sentiment around the recent trade headlines with the local media reports and the chinese ministry of agriculture saying that the visit to the u.s. farms was not because of the trade talks. we also

u.s. discipline that's -- u.s. diplomats. >> i want to know who is the person that gave the whistleblower -- who is the person that gave the whistleblower the information? that is close to a spy. you know what we subdue in the old days when we were smart, right, to spies andreesen? -- and treason? least to handle them element differently. >> this caused many [indiscernible] pakistani prime minister imran khan has denounced india's crackdown ink ahmir. he warned about a bloodbath in the disputed region. he says wants a curfew is lifted, locals will be out in the streets. what will the soldiers do? they will shoot them. a northern irish court has handed boris johnson a much awaited legal victory. the court has ruled a new deal brexit. a spokesperson for johnson says the u.k. and european union have made progress in brexit talks but a deal is a long way off. in hong kong, police are banning a national day protest march. police say they have based their decision on the last two months of prote

regarding afghanistan the u.s. is not in hearty here so the only way out of this crisis is that the taliban agree show some flexibility agree to terms with the u.s. and then hold talks with the of gun government the elected government in kabul and hold indra gone dialogues that is the only way out of this crisis and i believe this is going to happen sooner or later these are just you know bargaining tactics . thank you very much for the analysis thanks for having me on the show. some of the other stories making news around the world turkish and u.s. troops have conducted their 1st joint patrol in northeastern syria and present stablish what it calls a safe zone in the area i mean kurdish fighters away from its border turkey also wants to resettle up to 1000000 syrian refugees in the region. hundreds of residents of greater bacco island have arrived in the bahamas capital nothing survivors of hurricane doran's assault on their homes many women by family and friends the united nations says some 700000 people are in n

and u.s. president says peace talks with the afghan taliban are dead trump had invited a delegation to the summit at camp david but says he calls off the talks after the taliban claimed responsibility for an attack that killed several people including a u.s. soldier from washington alan fischer reports. president's confront what he suggested in a series of tweets over the weekend peace talks with the taliban are over we had a meeting scheduled it was my idea and it was my idea to terminate it i didn't even i didn't discuss it with anybody else the u.s. and the taliban had 9 runs of detailed and difficult talks in the khatami capital of doha it was reported a deal had been agreed in principle the u.s. would start a gradual withdrawal of $14000.00 troops in return the taliban would cut any keyser the al qaeda and offer security assurances to the us. but an attack in kabul a few days ago which killed 12 including an american soldier so the president revealed secret peace talks had been planned fo

in the wake of quickly developing and pietschmann crisis for u.s. president donald trump and on the u.s. 2 exchanges a split decision this week with and why a seat on the tech heavy nasdaq both down while the s. and p. 500 was up. to report from reuters as crissy cover earlier today said president trump was considering delisting chinese companies from u.s. stock exchanges knowing mr trump's attention span and in light of his quickly increasing distractions take that report for what it's worth and finally in toronto that is down from the week this week that he has unveiled a new feature 30 which will aggregate the results of the top 30 stocks as measured over the previous 3 years and this is been your weekly quote all stock market wrap . now for a quick break but hang here because when we return it may only be a decade old but behind has already paid the fact that is there a future for that in the global currency market boom as managed to catch up with roger that is the founder of. his take on the future of finance and as we get a break here the numb

u.s. futures higher by .5%. ons coming after the s&p 500 one point on friday fell below the 50 day moving average. bounced back. still ended the session down .5%. we had some traded concerns with a bloomberg report that the u.s. might be considering restricting those portfolio flows into china. trade sensitive sectors were hit. the nasdaq. lost more than 1% we also have oil moving, or seeing its biggest weekly loss since july. now we are seeing wti starts higher at -- by a tens of 1%. $56 a barrel. let's see how we are setting up in asia. sophie: futures are hinting at a cautious session potentially on a busy final trading day of september. the offshore yuan recovering a touch after slipping to a three week low on friday on the u.s. report falling options. board ahead of the visit to the u.s. after the golden week holiday, we are going to get a read on pmi's for september. expecting contraction for that official survey. we will also be getting factory outputs from japan. retail sales also do from japan ahead of

the u.s. trade gap fees its largest drop in 5 months as more american products make their way over seas a win for white house trade policy. looking like a 1000000 bucks doesn't have to be figurative in china where you can pay with your face. this is a double your business i'm so now the milan in berlin welcomed the u.s. trade deficit sought with the client and 5 months it narrowed by 2.7 percent to 54 . a $1000000000.00 in july more cars medications aircraft and oil drilling equipment sold abroad help they get their chinese imports the u.s. also fell to their lowest level since april amid the trade war between the world's top 2 economies but analysts expect the u.s. this trade gap to widen again in the coming months amid weaker demand for american manufacturing exports. joins us now from new york yes the trade deficit has been a sore point for the white house is the fact that it has now shrunk mean donald trump's policies have worked at least for a little while not really even if the trade def

u.s. and china are set to begin a new round of trade talks in early october 13th since the u.s. 1st place tariffs on china last year in the run up to the meeting both sides are trying to show good faith. agricultural goods including pork have been at the heart of the us chinese trade spat for over a year after china impose tariffs on u.s. imports trade went down leaving american farmers scrambling in search of new markets now china is back as a buyer. recently both sides have to split some good will for example the u.s. side has waived tariffs on many products and so on the chinese side we are willing to buy more products that are needed by the chinese market we hope both sides can take war enthusiastic measures get away from the pessimistic language if both sides do this talks will not only resume but they will yield results. u.s. farmers would appreciate that and things are looking good chinese firms have already ordered considerable amounts of u.s. pork in a sign of a potential breakthr

the u.s. is already putting blame on iran. but what happened with the crisis is this knocked out 5.7 million barrels a day of production, roughly 60% of the global supply. supply the biggest applie disruption in the history of the world, and it happened in an instance. this happened when global oil markets were closed. we had to wait until sunday m to reopen,r the and s&p global analytics estimated about $75 p barrel. there is a new risk premium, obviously. it could go eventually to $80. we saw a massive increase, 19% increase. by the end of monday, the oil price settled. it went down -- it went up, excuse me, $69, a massive increase for this market. yesterday, the new saudi energy minister comes out and says we can have production back, you know, this is a massive loss, significant loss of production, but we can have everything pretty much back to normal in two weeks. prices came back a little bit, , still four dollars above where we were last week, but at the same time, a lot of analysts i t

making headlines right now the u.s. continues its strong rhetoric now accusing. iran. hawkish u.s. national security adviser. this week. also in the. american t.v. networks. again we look at the track record of the present. plane. with the top stories from the past 7 days on right up to the moment. well this is the weekly in our international alone welcome. u.s. secretary of state mike. accused of launching a quote unprecedented assault on the world's energy supply saying about tehran is behind attacks on saudi arabia's oil production to run denies any involvement in the calling the u.s. occupation is a lie here's the exact wording from the u.s. . we call on all nations to publicly and unequivocally condemn iran's attacks the united states will work with our partners and allies to ensure that energy markets remain well supplied and iran is held accountable for its aggression having failed at max pressure secretary of state pompei is turning to max to seat the u.s. and its clients are stuck in yemen because i'm allusion that weapon superiority will lead to military victory blaming i

u.s. employers added 130,000 jobs in august. u.s.hina business council discussed its recent survey of members on the business climate in china and how it could affect trade relations with the u.s. this is one hour. >> good morning, ladies and gentlemen. if you will kindly take your seats. latecomers will be accommodated. there are handouts over on the right you will want to have with you or take away with you. please help yourself to some coffee. welcome to the u.s.-china business council. this is a press conference talking about our annual member survey, and it will be done in three parts. the first part i will introduce our president, craig allen, and then after that our senior vice president, jake parker, will walk you through some of the highlights of the survey, and then we will open it to questions. so at this point, it's my pleasure to introduce you to president alan. alan: good morning, everyone, and thank you very much for joining us today. my name again is craig allen and the president of the u.s.-china business council, an

nearly half of all u.s. states and some 2000 local governments have agreed to a tentative settlement with oxycontin maker purdue farmer over the toll of the nation's opioid crisis lawyers representing the plaintive along with $26.00 states and u.s. territories were on board with an offer from the company to settle for up to $12000000000.00 however with over a dozen states unhappy with the proposed deal it could still fall through prescription opioids have killed more than 20800000 americans since the late 1990 s. . how about this for a workplace a building with almost 50 elevators and zumba classes for employees well online retailer amazon just opened its new indian headquarters in hyderabad the company's biggest building in the world it's a big bet on india's e-commerce market that is projected to reach into hundreds of billions of dollars in the coming years. from the outside amazon's new building in hyderabad rises high above its neighbors from the inside it at times resembles a sports center with space f

u.s., donald trump is to face a formal impeachment inquiry. says he has violated his oath of office. trump calls it witch hunt. after yesterday's defeat, boris johnson has restated his vow to complete brexit, defined calls to resign. he says he disagrees with the supreme court and will comply with its ruling. let's get the latest with jody .chneider who is live great to have you on the show. what are the chances the impeachment inquiry will lead to charges against the president? >> it is unclear whether there will be charges. what nancy pelosi has done is ask six committees to look into investigate the president and his actions to see if he has violated the oath of office and report back. there will be an umbrella inquiry and there could be charges. this is a significant escalation with the democrats before the house had been reluctant to move forward on impeachment. even if they were to bring charges, it is unlikely it would end up with the president being impeached. the u.s. senate would

the u.s. macro situation. overall, the u.s.sumer looks to be in really strong health and that is a strong point that we continue to hone in on as consumer strength in our opinion should weather the storm, albeit, some of the weakening manufacturing data is something to note and the curve shape is something we have been paying attention to. we think what is unique late cycle is the fed will enter into a unique midcycle easing campaign which should continue this expansion well beyond market expectations. paul: we have been talking a lot in the past few days about the strength of the u.s. consumer, how it is keeping things ticking in the u.s. just want to play devils advocate. is there a risk as well because i am sure china's trade negotiators have noticed the u.s. consumer is the point of strength as well. do you think there is a risk some pressure could be applied? excellent leverage heading into trade talks. sam: there could be some weakness in the consumer, especially if you have weakness in the labor markets looking ahead. in

patrick is the u.s. violated its international obligations as russia is arguing because i know washington would say the u.s. has the right to reject visas for people it believes may pose a threat to its security. well what you can look at this is a type of smart sanctions that the united states is applying to an endless list of people right now going by the u.s. treasury department and so you have unofficial sanctions and official sanctions those people on the lists of course are using that to maybe impede their ability to travel that includes diplomats take the iranian foreign minister for example the iranian leader for example but the un officially they can do this via bureaucratic red tape and games by using the state department as a kind of political instrument in this way to harass certain countries that the administration believes are perceived as being enemies of the united states but there's a quid pro quo in that they can expect the same treatment on the other end from other countries and then t

the u.s. to do more to help the people of the bahamas. the death toll is 50 and expected to soar. we will go to mexico where thousands of african migrants are essentially stranded after being blocked from traveling north to the united states and canada. plus, we will look at the remarkable story of a palestinian student from a lebanese refuge camp who made it to harvard but then was initially deported from lolon airport. >> my naname i is ismail ajjjja. i'm m years old. i scored thhighest rks in .iololog i i scor the h highest marks in examination inin the south regin and received a scholarship to study biophysics at harvard university. the president of harvard waiting, the student was allowed to attend the freshman class at harvard. all that and more, coming up. welcome to democracy now!, democracynow.org, the war and peace report. i'm amy goodman. calls for commerce secretary wilbur ross to resign are mounting after reports emerged monday he e threatened to fire staff at the national oceanic

days after that, the u.s. media inclcluding g the new york timed details about the conflict within trump's team. with bolton arguing against the camp david meeting and the u.s. secretary of state mike pompeo and u.s. special envoy to thisnistan arguing for meeting. but it is not so much the argument but how thihis came out and the leaks that were e coming out. sense that it would be one of many issues to stop the exit. fact thatk about the the talks were controversial. >> they did not want to include afghanistan's democratically elected government. wastimeline to withdraw very unrealistic ahead of the u.s. 2020 elections. they were also suspicious about the taliban motivations. they called themselves islamic immigrants of afghanistan. wasthe u.s. withdrawal contingent on taliban guarantees in the anti-terror fight. that increase the islamic state qaeda.nd tentatively, al al qaeda is the group that conducted the 9/11 attacks 18 years ago. things that really made afghans very worried about their future. >> and t

it's a potential blow to ending u.s. engagement in afghanistan president donald trump says he has counseled peace talks with taliban leaders at camp david that was supposed to be taking place today in a tweet trump for president trump said that he had scrapped a secret meeting after the taliban claimed responsibility for a deadly attack in kabul the u.s. and the taliban have been meeting since last year in the hopes of ending the afghanistan conflict. the body of an american soldier returns home sergeant at least body to ortiz was the 16th u.s. service member killed in afghanistan this year one of a dozen people who died when a taliban car bomb exploded on thursday near the u.s. embassy in kabul. died inspired president trump to tweet an unexpected announcement . the major taliban leaders and the president of afghanistan were going to secretly meet with me on sunday on fortunately in order to build false leverage they had made it to an attack in kabul that killed one of our great soldiers i immediately canceled the meeti

as one u.s. official explains to the wall street journal, quote, a fake identity with a real passport can only be provided by authorities in russia. bellingcat and the insider also report in their investigation that just like with the attempted murder of sergei scripple, the passport of this alleged perpetrator is numbered in a way that links it to russian military intelligence. they were provided with sequentially numbered passports so you can trace them back to them in the event something like this that's crazy happens. this killing was three weeks ago today. german police picked this guy up within minutes of the killing thanks to the witnesses who saw him apparently allegedly both kill the guy and go into this crazy series of events and actions in which he tried to change his appearance and get away. they've released this picture of him. they don't believe they have a real name for him. they've released a picture of his bike that he allegedly committed the murder while riding and the scooter t