nearly $50000.00 workers for the u.s. auto giant general motors have gone out on strike it's the 1st nationwide strike in the auto industry in more than a decade. this is the interview news from berlin don't forget you can always get the latest headlines at the view dot com work follow us on twitter now coming up after the break it's the bundesliga with max merrill match day 4 is in the can did freiburg manage to stay in the mix at the top when they battled hoffman on the answer to that and much more on the book's leader. that's coming up right after the break the state of. the. many who tried getting around the berlin wall met their deaths. as a child he was already dreaming of a skate. at the age of 20 he was the last person to be shot for trying. to short life. skeff royal. in 60 minutes on d w. natural riches. precious resources. and a rewarding investment. of farmland has been called easy hope is a growing goal to the country has an abundant supply and leases it to international giants the government is after high export

he chronicles the history of u.s. autos and argues against driverless cars.sted this event. bytonight, we are joined historian and automotive journalist dan albert. dan has spent a career writing and teaching about the history of culture and technology. his articles can be found in magazines, popular science, and the journal for the history of behavioral sciences. he holds a phd in history, from the university of michigan, where he also taught in the college of engineering. dan also served as the curator of vehicle collections at the national museum of science and industry in london. he is the author of "are we there yet?: the american automobile past, present, and driverless." it is available for sale and signing at the conclusion of the program. so please, without further ado, join me in welcoming him this evening. [applause]

in it he chronicles the history of u.s. autos and argues against driverless cars.ere is a preview. >> off the top of your head, when would you say the automobile was invented? 1900? 1907? 1898? specific years. you want to give me a month? >> july. [laughter] >> there you go. the question is not so much birth as adoption. oftenborn many times, stillborn. the many questions i have are two, one, not why was it invented but why was it adopted? and also, what was it really? in and you you get go, if the machine for getting places. when the driverless car people think about it, obviously that's what they think about. they're not talking about how it for fit in your driveway your kids to learn about what is like to be around an automobile. that's a strange question, but what is an automobile? by the same token i think you will be surprised to learn that driverless cars have been invented many times. the technology thought about in the 1930's, tested in the 1950's, and proven viable by government testing in the 1990's. two things are important about that. you had them, why

nearly $50000.00 workers for the u.s. auto giant general motors are set to go on strike monday union leaders say the industrial action will go ahead even as more wage talks are planned it's expected to be the 1st nationwide strike in the auto industry in more than a decade. is widely viewed as a test of one of the world's youngest democracies accounting is under way in the 1st round of tunisia's presidential election the country was the birthplace of the arab spring and this time the 2nd time is the 2nd time voters have had a chance to choose their leader in free and fair elections but the country's electoral commission says turnout was low at just 45 percent. $26.00 names are on the ballot paper though only $24.00 candidates are standing to withdrew from the race just days ago to support a former rival ahead of the poll there was no clear front runner among the most prominent of the hopefuls usef shahad who served as prime minister since 2016. media mogul now bill cattery who is in prison on suspicion of tax evasion and money

he chronicles the history of u.s. autos and argues against a driverless car. here's a preview. >> off the top of your head, when would you say the automobile was invented? i'll give you a couple of -- 1900's? 1910? 1898? very specific year. you want to give me a month? [laughter] >> july. >> there you go. there you go, yeah. i'm going to prove you all wrong. but anyway, so the question is not so much birth, it's adoption. ok? because it's born many times, often stillborn. i'll show you how that happened. the real questionsive are two. one, not why was it invented, but why was it adopted? why did it succeed when it did? and also, what was it really? we kind of think, oh, automobile, you get in the car, and you go, it's a machine for getting places, transportation device. and obviously when the driverless car people think about it, that's what they think about it. they're not talking about tail spins. they're not talking about how it's going to sit in your driveway for your kids to learn what it's like to be around an automobile. so that kind of strange question

here is what he had to say. >> i think the u.s. auto seen a lot of challenges just like u.s. manufacturing broadly so we need to prepare for the future but if none of these workers fault, the fact the industry is in decline. people are ready and hungry, working hard every single day and working hard out here standing to fight for their rights so i think the industry had challenges but the industry has the opportunity to evolve and reinvent itself and this work force is prepared to do it. >> reporter: the lieutenant governor there also calling on gm to come to that bargaining table. but these workers you see behind me just want basic things, wolf. they want better health insurance, higher starting wages and also job security. this plant behind plant is scheduled to go out of commission in 2020 and wondering what will happen to their jobs, they're asking in the contract negotiations for them to get a new rl here in order -- a new vehicle to get work done next year. this is putting people behind me on edge and making they very uncertain ab

they represent about one third of the u.s. auto market. after a three-year closure, the washington monument is reopening to the public. the stone building closed in september 2016 so the elevator could be replaced and a security system can be upgraded. the monument averages 500,000 visitors per year. air and at tictoc on twitter powered by more than 2700 journalists and analysts in over 120 countries. i'm mark crumpton. this is bloomberg. >> i'm shery ahn. >> i'm amanda lang. welcome to bloomberg markets. >> here are the top stories we are following. president trump ordering new sanctions on iran following the attack over the weekend on saudi oil facilities. mike pompeo is now on the ground. expectations, 25 basis point cut is seen as a done deal and is something investors are watching with jay powell said to andront donald trump ineffective monetary policies. of a $576 billion bond market is at risk. we will take what credit cards have to do with it. >> let's look at the major averages. ahead of the anticipated cut from the fed, the s&p 5

u.s. are made by japanese auto makers some of which are built here in the u.s. and some of which are imported so one 3rd of the japanese tree is auto industry so it's a very important industry to japan and it looks like that is going to stay in place that is section 232 of their agreement that they're saying that this is not going to get touched and it looks like from what i'm hearing the auto motive portion will not be changed at all so now there's an up day on karla's gone the former c.e.o. of nissan this week he was tangled up in the us by the f.c.c. and his trial in japan is still pending and his wife made some i raise in comments about the dark side of japan in relation to her husband's case so what got settled this week with the f.c.c. and did miss point an elephant in the room so to speak. oh yes carol carol go and did have something to say it was really important noting how different executives were treated differently because carlos ghosn is not japanese he was treated to prison and he's not going to probably get a fair trial from what it looks like but

in the 1st nationwide strike in the u.s. auto industry in more than a decade $50000.00 workers at u.s. carmaker general motors have walked off the job union leaders say they were going ahead with the industrial action even though more talks on pay rates were planned. the leaders of turkey russia and iran are meeting in ankara today for talks centering on the last islamist and rebel stronghold in syria it lip turkish president reza type aired on fears the syrian offensive there will send tens of thousands of new refugees toward his country in response he want to set wants to set up what he is calling safe zones for refugees inside of syria he's also threatening to open the floodgates as he put it and allow refugees to start coming to europe again. turkish troops by warning shots into. yes at the border with syria. they're trying to prevent syrian protesters from storming across the front here. the demonstrators are demanding protection from an offensive by the syrian government's on the last rebel stronghold. this is a warning tha

in the 1st nationwide strike in the u.s. auto industry for more than a decade $50000.00 workers at u.s. carmaker general motors have walked off the job union leaders say they're going ahead with the industrial action even though more talks on pay rates are planned. or 2 days of heavy rains caused chaos on the 1st island in the gulf of thailand rough seas strong currents led to the suspension of ferry crossings to the island of coach on authorities say water levels are now subsiding fragile monsoon rains have killed at least $33.00 people across thailand since the end of august. well the leaders of turkey russia and iran are meeting in ankara today for talks centering on the last islamist and rebel stronghold in syria it live turkish president ezer tired bear to one fears a syrian offensive there will send tens of thousands of new refugees towards his country in response he wants to set up what he's calling a safe zone for refugees inside syria he's also threatening to quote open the floodgates as he puts it and allow refugees to

it's been more than 20 years since the last extended strike at a u.s.. auto maker.obody expects another one. but that could change if auto workers walk off the job this ekend. phil lebeau, "nightly business report," chicago. >>> ford is recalling more than 300,000 of its 2017 ford explorer vehicles because of a sharp sea frame edge. the auto maker says there have been 31 reports of hand the vehicles were made at a chicago plant from february o 2016 to october of 2017. >>> and coming up a controversial way to purchase pets. >>> for many pets are more than just fur friends. they're family. but what does fido or teddy bear could be repossessed just like a car backup what you need to to know about the industr of pet repo ♪ ♪ >>> wework is one of this year's widely anticipatedipos. but it's been struggling as of late. the valuation targets have been falling. and accordi to cnbc could come in below $15 becom its private valuation was as high as $47 billion. in a filing today, the shared office space company says it plans t make a number of governance changes, including cu

that those payouts now total $28000000000.00 a cost greater than that of the famed bailout of the u.s. auto industry in the bush and obama era on the chinese trade track this week chinese officials finally seem to take some significant the monster ball action to reopen u.s. markets for u.s. soil with new waivers for importers after many unverified u.s. claims of chinese pledges to increase purchases but increasing political troubles for mr trump in the form of a quickly development developing impeachment process would seem to all but for close the passage of mr trump's revised version of the north american free trade agreement the so-called new now after. we've been following the dollar shortage crisis and the repo markets this entire week after the fed turned on the liquidity they get increased it even doubled the amount of funding available to banks now moment after the fed announced its 2nd expand its $60000000000.00 term repo today the demand rushed in and the books were oversubscribed this suggests that the funding shortage is getting worse on a poor and basis and the term repos which

they put their tariffs on soybean, beef, chicken and they could be delaying some for u.s. autos as well imported. that is in terms of september 1 retaliatory tariffs. a lot of people are coming out saying this is terrible news for us. jp morgan coming out and saying thisindividual household, will cost them by the end of the dollars.t 1000 u.s. thepain is being felt by corporate sector but also the individual households as well. china have felt in strongly indeed. they are looking to those negotiations that trump says might happen later in september. over the weekend, we added more data. it is a mixed bag. it could have been worse. it could have been worse. it could have rebounded from the july numbers, so the service side of the economy is starting to accelerate. it was more the purchasing index that caught people's attention. four straight months of contraction. it comes on the back of these early indicators suggesting that the slowdown in china does continue, even if there was a bright spot, the sentiment that has improved. terms of pmi numbers, we saw a slow and a contraction

workers are staying home for a 2nd day they say they're owed higher pay and improved contracts the u.s. auto workers union says there's been progress in the contract talks with general motors but without a major breakthrough nearly 50000 workers across the country will remain on strike patty cohan has. we're here in flint michigan it's a company town it's a union town and you can tell that by all of the horns honking as they pass this picket line sending the message that they support these g.m. workers that have gone on strike this is the 1st 2nd day now into negotiations do continue we've been told by the union that they are chalking that they talked late into the night at the same time they're sending a message that they're still very far apart saying that only about 2 percent of what they need to agree to has been actually agreed to so negotiations continue the picket lines continue all across the country these workers sending the message to general motors that they even have made the company has made a huge profit and it's time for them to share the wealth. well the world's 4th largest e

here with al-jazeera live from london last i had 48000 u.s. auto workers prepared to walk off the job after talks collapse with general motors also an education on wheels we need the volunteers traveling across mexico to help migrant children there. and wales's former rugby captain is blackmailed into revealing news on his health a tell have astore and sports. hollywood got some better weather now making its way across a spy and we've still got a little area of clouds circulating for a while here but the heaviest showers they are pushed. in land a little further north but some west would say we will see some weather weather coming in here over the next few days but that may weather system is now easing up they'll be a few showers across northern passes by maybe even into northern areas support cubical to the right here has been particularly dry over the past few weeks to try me mom across central and eastern parts of the mediterranean in much of a sneer not fairing too badly but you push further north and it is certainly on the blustery side quite

like put tariffs on things soybeans, beef, chicken and they 15, impose them on december u.s. autoswell. $65 billion worth of u.s. imports in total in terms of september 1 and december 15. people are looking at negotiations trump says may still happen later in september in d.c. the u.s. and china struggling to agree on a schedule for plant trade talks. tradepact -- planned talks. they delay the latest tariffs. >> they are having trouble getting to the table quite frankly. furthermore there has not been moments to set the contours of the decision, what would be on the table, what might not. not a break, but it is a pause, and ithave more contours turns out the difficulty is we are not sure what we will talk about. we are not sure when we will talk about it. bonnie: -- zillow 51.4 -- this is in keeping with ism and pmi across the globe. the s&p taking another leg lower after that. >> truly awful report some of the purchasing managers index falls more than a point to 49.1 .rom 51.2 it is the first contraction since 2016, january. even worse the underlying 47.2,s, new orders unemploymen

this would be the first time that a u.s. auto7. >> gm is saying they are offering a very fair and strong contract. >> this is our last resort. >> what we're asking of general motors is simple and fair. >> this is "new day with alisyn camerota and john berman." >> all right. good morning and welcome to your "new day." it is monday, september 16th. it's 8:00 in the east. alisyn is off. erica hill joins me this morning. >> nice to be with you on a busy monday. >> we begin with breaking news. nearly 50,000 united auto workers now on strike against general motors. the workers on the picket line after contract talks broke down over the weekend. the strike is affecting more than 50 gm facilities across the united states. the union and gm are set to go back to the negotiating table in two hours. we're going to speak live with one of the union negotiators in just a moment. >>> the president says the u.s. is locked and loaded after the u.s. blamed iran for attacks on saudi arabian oil fields. about 6 million billions of oil a day were knoc

the california standards will have a major impact on 13 other states representing about 1/3 of the u.s. auto i'm joined by the bloomberg reporter who has been reporting on the story. you know what cap my attention in between? cheaper and safer. is that the case? -- you know what caught my attention in the tweet? automakers, as a lot of people know, operate on pluto -- pretty long term planning cycles. even as standards change, most companies have their plans locked in for those years. where you will start to see changes in the types of vehicles and mix of vehicles sold is in the outer years starting around 2024, 2020 five, especially considering it will probably take several years of litigation theort of resolve administration's challenge to california's authority. : how does this affect gm, when i have diverging views of federal law, state law -- how much of that uncertainty affects their business? ryan: it is important to keep in mind the auto industry is a very global industry. while there are very few global cars -- cars are different in the united states than they are in europe or asia

like soybeans, beef, chicken and they will be delaying some tariffs and imposing them on december u.s. autos as well. 15, 4 about $75 billion worth of u.s. imports into china in total in terms of september 1 and december 15. business groups say the time for a tariff truce is here. they are looking to negotiations. trump says may still happen later in september in d.c. >> the u.s. and china struggling to agree on a schedule for planned trade talks. the impasse comes after the white house rejected a request from beijing to delay the latest tariffs. >> they are having trouble getting to the table quite frankly. furthermore, there has not been set the contours of the decision, what would be on the table, what might not. it's not a break, but it is a pause, but we have more contours of this and it turns out the difficulty is we are not sure what we will talk about. and we are not sure when we will talk about it. >> we are getting some ism manufacturing data. august for ism manufacturing in keeping with ism and pmi across the globe. the s&p taking another leg lower after that. >> truly awful repor

. >>> coming up on the show, the u.s. autoing its first work stoppage in 12 years this morning uaw workers walking off the job at gm. a live report from detroit that's coming up. >>> then later on in the show, the vaping epidemic, new york governor andrew cuomo announcing an emergency ban on most e cigarette flavors. those details coming up after the break. fun fact: 1 in 4 of us millennials have debt we might die with. and most of that debt is actually from credit cards. it's just not right. but with sofi, you can get your credit cards right - by consolidating your credit card debt into one monthly payment. you can get your interest rate right - by locking in a fixed low rate today. and you can get your money right. with sofi. check your rate in 2 minutes or less. get a no-fee personal loan up to $100k. servicenow put our this changes everything. you're right sir... everything. no not everything, i mean you're still blatantly sucking up to me gary. brilliantly observed, sir. always three steps ahead. six steps ahead. sixteen.

if they do walk off the job though, this would be the first time that a u.s. auton has walked out since 2007 when workers went on strike for about three days. another sign that's been real cleaas to what they want, they want better wages, better health care profit sharing and job security. a statement from the ua vice president said we stood up for general motors when they needed us most. now we are stanning in unity for our members where we work and live. the company says it's offering more money in each year of the contract and $8,000 signing bonus and the same health care that members. >> reporter: already have. gm said we presented a strong offer that improves wages, benefits and grows jobs in substantive ways and it is disappointing that the leadership has chosen to strike at midnight tonight. we have chosen to strike in good faith and urgency. now a person familiar with the proposal says the company is also offering to restart production at two plants that are scheduled to close. one main michigan and one in oh. woun would be building batteries for electric v

they represent about 1/3 of the u.s. auto market.bloomberg's brian been -- ryan bean, who has been reporting on the story. you know what caught my eye attention in that tweet? cheaper and safer. is that the case? ryan: automakers, as a lot of -- as a result of the administration's plans, they change. automakers operate on pretty long term planning cycles. even if standards change in 2021, most companies have their plans locked in for the year. where you will start to see changes in the types of vehicles and mixed vehicles is the outer years, around 2020 4, 2020 five, especially considering it will take several years of litigation resolve this administration's challenge to california's authority. thisr: how disruptive is for a business like gm, when they have diverging views for federal law and state law. how much of that uncertainty affects the business? reporter: it's important to keep in mind that the auto industry is a very global industry. while there are very few global cars -- cars are different in the united states than they a

we just had record expansion in the u.s. auto industry over the past four years.'s point of view is they helped gm survive they see in 2009 and now it is time for gm to return the favor. of course, gm is worried about the coming downturn in the u.s. we are seeing a slowdown in sales. they are spending billions on new technologies like self driving cars and electric vehicles so they are trying to balance that with the needs of the union. shery: will president trump's constant attacks on gm management sway the leadership at all at this point? keith: president trump had gm's ceo mary barra in for a visit to the white house the week before last. they talked about the negotiation. he has tweeted and commented on this impasse. he's encouraged both sides to get together. he has not been too harsh about either side. he says lots of auto workers voted for him and like him. he feels like he has a kinship to the labor vote. how's the issue with temporary workers? keith: that is a big one for the union. they feel like auto companies, all three of them, overuse temporary worke

general motors, which is trying to cut costs ahead of an anticipated slowdown in the u.s. autoustry called the walkoff disappointing saying it put forward a fair offer. this marks the first national strike by the union since 2007. president trump weighed in on twitter yesterday encouraging the two sides to get together and make a deal. >>> australian intelligence officials have concluded that china is responsible for a cyber attack on its general election this past may. five people with direct knowledge of the attack told reuters that the australian r roy -- responsible for the attack on three political parties and national parliament. the five sources asked not to be identified as to avoid disru disrupting trade relations with china. china's foreign ministry denied being responsible for the attacks saying in part this, when investigating and determining the nature of online incidents, there must be full proof of the facts. otherwise it's just creating rumors and smearing others, pitting labels on people indiscriminately. >>> the latest on the tensions between the u.s. and iran

you know how important this is to the u.s. autofor more than one year by the north koreans and died shortly after being returned to the u.s. a chance to spend time with family for the president and you may remember they publicly criticize mr. trump for suggesting that north korea's leader, kim jung-un did not know how bad off the to it it was before he was ordered to american custody and offensive many could go a long way. the ambassador to germany was there in attendance as well. eric: they are raising the possibility of auto the city council here in new york to rename the street in front of the north korean mission united nations after otto to honor him and remind everyone about the brutality of that regime. before i let you go the new york times, that report in the forthcoming book another person apparently accusing supreme court justice brought kevin off of misconduct but what's the reaction of the white house about that? >> you mentioned it's from a forthcoming book and it's difficult for white house officials to comment on th

tens of thousands of general motors workers walk out in the first strike against the u.s. auto industry in more than a decade. we're following the very tense negotiations and whether president trump is taking sides. we want to welcome our viewers in the united states and around the world. i'm wolf blitzer. you're in "the situation room". >>> we're following the breaking news on president trump's response to the brazen and crippling attack on saudi oil facilities. he now says it's certainly looking as though iran is to blame, after warning the u.s. is locked and loaded, mr. trump is leaving the door open to a possible military response if iran's role is proven definitively. >>> also breaking, new york prosecutors now subpoena eight years of president trump's tax returns. the move is part of the state's criminal investigation into hush money payments paid to former porn star, stormy daniels. this hour, i'll talk with democratic senator richard blumenthal. he's a member of both the armed services and judiciary committees. and our correspondent and analysts are also standing by. fi

: the american automobile past, present, and driverless" in which he chronicles the history of u.s. autos and argues against a driverless car. there is a preview. head, the top of your when would you say the automobile was invented? i will give you a couple. 1900? 1910? 1898? very specific year. you want to give me a month? [laughter] >> there you go. there you go. yeah. i'm going to prove you all wrong. the question is not so much birth. it is adoption, because it is born. talking stillborn. the questions i have are two. one, not why was it invented, but why was it adopted? and also, what was it? we think automobile. you go in the car and it is a machine forgetting places, transportation device. the driverless car, people think about it. that is what they think about. they are not talking about how it is going to fit in the getting kids to learn what it is like to be in an automobile. that is a strange question. what is an automobile? by the same token, you will be surprised perhaps to learn that driverless cars have been invented many times. technology described in the 1930's, tested in

. >> i think the u.s. auto industry has seen a lot of challenges like u.s. manufacturing broadly. we need to prepare for the future. but it is none of these workers' fault. they're working hard every single day. they're working hard while they're out here standing up for their rights. the industry has some challenges but the industry has an opportunity to evolve and reinvent itself. >> reporter: these workers here and across the country will be out on the picket lines every six hours. that's in order to get paid by the union, $250 a week while they're on strike. that is nowhere near what they get paid from gm. clearly these workers holding out hope but also wanting to get back on the job soon. >> please keep us posted. >>> he was fired as the president's campaign manager. he was accused of grabbing a reporter. he was a central player in the mueller report's explanation of possible obstruction of justice, and now he's the first witness in what is being billed as the first impeachment hearing. cor corey lewandowski set to testify shortly. the white house wants to limit what he can a

compensation of our uaw workforce including wages, profit sharing and benefits is the highest in the u.s. auto industry. now, david, i had the opportunity to ask the senator a question, amidst all that chaos. what i wanted to know is a lot of these workers like their health insurance plan which is in large part paid for by their company. under sanders proposal, medicare for all, a single payer system, they would lose that insurance. so i asked him about that. he didn't really provide a clear cut answer. but it's something that i'm sure these workers are going to be paying attention to come election time. david: he kind of gave you a little shove too, didn't he, when you asked that question; right? >> yeah, a little bit, but i was persistent, but i was still able to ask it. david: you can take it. grady, thank you very much. over the summer bernie sanders did make some changes in his medicare for all plan to accommodate the extremely generous health plans offered by unions like the uaw. so carol, i'm wondering doesn't this prove that medicare for all really isn't for all, even for socialist ber

. >> let me get your thoughts about another big story in the u.s. autoal motors. what can you tell us about that? >> this strike went into action yesterday at 11:59 p.m. it is a walkout put together by the unite the auto workers union, the uaw, in protest against general motors. and 46,000 workers have walked out so far of 31 general motors factories spread across nine different states. this is a protest of their pay poll sands they're saying the company is putting profits ahead of the employees. and these are the same employees who helped turn the company around after the bailout a decade ago. the last auto walkout lasted three days long. we don't know how long. last but they've started negotiations. >> thank you. >>> coming up, axios's mike allen as a look at the one big thing and coming up on "morning joe," the intensifying tensions between rauk and rahn. what trump is saying about the claims as the president warns the u.s. is locked and load. >> joe will get information from gary peters plus democrat ben ray lujan and mike tirn, both join the convers

well the u.s. auto workers union says there's been progress in contract talks with general motors but without a major breakthrough nearly 50000 west has remained on strike one of the main sticking points is health care records say they're at higher pay and improved contracts after rescuing g.m. from bankruptcy 10 years ago. argentina is waiting for the international monetary fund's decision on a loan to boost its economy recent austerity measures have led to protests and as tories about explains one thing that plays a crucial role in argentina's economic and political life is the u.s. dollar. it's 10 o'clock in the morning in argentina and the question everyone has is how much is the dollar today argentina is in the middle of an economic crisis and it's the u.s. dollar that's in the spotlight once again france as of i want to crises in argentina are cyclical and things happen again arjun toys look at the dollar and people want to save themselves and sort of the country in general in the past year recess

compensation of our uaw workforce including wages, profit sharing and benefits is the highest in the u.s. auto industry. connell, this strike has been going on for a week 1/2 now. as far as we understand talks are still going on. there are reports of progress but still no end in sight. connell: grady, thanks. grady trimble live in detroit. melissa: so we are still awaiting as you can see from the podium president trump who is set to make remarks any moment now as top democrats doubling down calls on impeachment following a released transcript of the president's phone call with ukraine's president. here is bill mcgurn from "the wall street journal." he is also a fox news contributor. bill, what is your take? where are we on this? >> we have a big nothing so far. democrats say there is lot to impeach. republican point out there is no quid pro quo. substance doesn't matter. if substance mattered the democrat would have waited a day to see what we have. they don't have the complaint yet. they have the transcript. in comparison to joe biden, president released the transcript, they're turning over t

and $50000.00 u.s. auto workers to walk off the job bringing production a g.m. plants to a standstill in sport or a red sox to kill their place and he's happy followers of the agent champions league the japanese team not a year chart assuring her exploits the game is a bid to win the title for the 2nd time in 3 years. so we're going to start in afghanistan this hour where 2 separate bomb attacks have killed dozens of people just 11 days before the presidential election is to be held to a suicide bomber on a motorbike triggered the 1st blast in part one province at least 24 people died near a checkpoint leading up to a reelection rally for president ashraf ghani he was unharmed. and then hours later a 2nd blast near the u.s. embassy in kabul killed at least $22.00 people it is the taliban which has claimed responsibility for both explosions saying afghan security forces were the targets the latest attacks follow the u.s. president of course calling off talks with the taliban to end the 18 year old wall war analysis in a moment 1st this from mcbride in kabul. with

u.s. equity markets. european autos able to hold out against despite terrible numbers for august.elds -- lower yields and a higher dollar. buying bonds and selling the dollar. not a lot of movement before the fed. housing starts out just now. permits coming in month by month in august, up 7.7%. housing starts also coming in strong, 12.3%. july revised less bad, just down 1.5%. we shall -- we saw earlier mortgage applications were like. all of that feeding into the narrative of what will see for the fed. saira malike are and mark cabana. it is going to be about refinance, how much we see for the long end. mark: it is also what it means for the consumer. the data this morning suggests the housing market continues to be robust, consistent with the story we were discussing earlier. the consumer remains healthy. as long as that is the case you would expect the housing market to continue to be supportive. we do not think housing will be that much of a big impact for the u.s. economy. we think lower rates and increased refinancing should help the consumer due to lower amounts they would

u.s. won't impose auto tariffs for now. >> the u.s.ime allies, but the world's biggest and third biggest economies. it contributes to our economies of the global economy. shery: our correspondent joins us from tokyo. >> u.s. trade representative bob lighthizer did say that at this point, the idea of car tariffs on japan was not something on the table. so it does look like, although it is not codified directly in the agreement, it does look like the mood music from both sides appears to be that japan has dodged this bullet. one way to look at this interim agreement is that it is ultimately the culmination of a years-long campaign by prime minister abe to blunt president trump's protectionist tendencies, at least with regard to japan. , how prime minister abe went to new york to meet with trump shortly after trump's election in 2016, visited him at tower. he has assiduously courted trump, gone to mar-a-lago resort, done everything he can to nurture the relationship. putwhen the united states blanket steel and aluminum tariffs on a number

u.s. imposing auto tariffs on tokyo. re's japan's prime minister announcing this in new york today. >> i have received direct confirmation from president trump that the u.s. will not slap tariffs on japan's auto parts. matt: president trump people to make a deal. he's trying to appeal to a key base of u.s. farmers who have been hit much harder by the u.s.-china trade war. our guest is still with us. thisve been saying could be a template for the u.s.-china trade negotiation's, but that relationship is a lot different than the u.s.-japan relationship, isn't it? roelof: clearly, it is also about intellectual property. it's a positive sign, but there is still a lot of work to do between the u.s. and china. is reflectedaution in a lot of the investment community. investors are more cautious on equities than back during the financial crisis. a lot of money on the sidelines waiting to be put to work. what would make you want to participate in that upside? what we change our mind is basically their stabilization . ist we don't w

china said it would retaliate, including on u.s. autos. that is what we are looking at.t october 1, then december 15. the stakes are very high. >> tom, what is the chinese government doing to make sure that their economy can actually weather this trade war storm? >> well, there are a couple of things. first of all, in terms of the messaging domestically to the domestic audience here, the state media is girding people and trying to get people to understand that this is not going to be resolved quickly. there is that side of it. then on the economic front of course we had the state counsel coming out over the weekend saying the risks were manageable for the economy at the moment, but also that they would provide some adequate liquidity, and we saw some up side in the market largely as a result of that commitment. in terms of additional meshes, you have had the new lone prime race. you have had tax cuts. you have had the package of consumption measures as well to support to support the consumer sector here. those are measures we expect to be unfolded over the next few month

u.s. autos and argues against driverless cars. smithsonian associates hosted this event. bytonight, we are joined historian and automotive journalist dan albert. dan has spent a career writing and teaching about the history of culture and technology. his articles can be found in magazines, popular science, and the journal for the history of behavioral sciences. he holds a phd in history, from the university of michigan, where he also taught in the college of engineering. dan also served as the curator of vehicle collections at the national museum of science and industry in london. he is the author of "are we there yet?: the american automobile past, present, and driverless." it is available for sale and signing at the conclusion of the program. so please, without further ado, join me in welcoming him this evening. [applause] dan: thank you so much. thank you, amanda. really generous and sweet introduction. i thank everybody for being here, otherwise, i would be up here by myself. especially, amanda told me the smithsonian associate people have reminded me how engaged thes

it ends the threat of u.s. auto tariffs on tokyo.central bank board member sabine lautenschlager has unexpectedly resigned more than two years after her term was due to end. the ecb gave no reason for her departure, but she was one of the strongest opponents for cutting rates. she will step down october 31, also mario draghi's last day in office. benjamin netanyahu has been tapped to form israel's next government. it comes just a week before netanyahu faces a crucial corruption hearing. the allegations have clouded the last three years of his tenure. softbank is in talks on whether to increase his pledge in investment in we work. the original value was part $1.5 billion -- for $1.5 billion. it comes as we work is likely to postpone its ipo until next year with its ceo stepping down. global news 24 hours a day and on tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am sebastian salek and this is bloomberg. nejra: thanks so much. let's check in on the bigger stock movers. >> a lot of t