the u.s. energy secretary has authorized several companies to sell nuclear power technology to saudi arabia that's according to media reports the reuters news agency says the company's a request to the deals be kept secret russia south korea and the u.s. are all competing to strike a deal with the kingdom which is planning to build at least two nuclear plants there are concerns it could fuel a nuclear arms race in the middle east but we'll see a trend is a nuclear security specialist he says saudi arabia cannot be trusted with any type of nuclear technology. there's a pretty big difference between the iran nuclear deal and the trumpet ministrations attempts to sell nuclear technology to the saudi arabians the nuclear technology that we want to sell to saudi arabia is civilian it's for their civilian energy program which is a big difference than what we suspected that iran was trying to do so the concern now is that saudi arabia might go down the same path that they might use this technology that they

the u.s. energy information administration projects that america will export more energy than tim ports, starting in 2020 -- than it imports starting in 20206789 we're no longer dependent on foreign -- 2020. we're no longer dependent on foreign sources like russia. technology improvements associated with fracking and horizontal drilling have allowed shale resources previously deemed uneconomical to be developed and are the main reason the u.s. was the world leader in carbon emissions reductions. yes, we have to say it again. as the ranking member bishop said, reductions in 2015, 2016 and 2017, that's right. fracking that is demonized by environmental extremists without justification has proven to be the best energy solution for our environment. abundant oil and natural gas have reduced electricity bills, kept prices low and provided the largest share of u.s. electric power generation in recent years. the oil and gas industry supports more than 10.3 million jobs and nearly 8% of our economy. the unite

u.s. lawmakers here in washington a whole gamut of subjects the latest being secret approvals put forward by the department of energy for u.s. companies to work ahead on projects that would allow for them to ship potentially down the road equipment to saudi arabia for the construction potentially in the goal of saudi arabia to build two nuclear power plants and as we've been reporting there are three nations that are competing for this project russia south korea and also the united states but the reason lawmakers are worried about this is because of the lack of transparency and it's not the first time we've seen this we've also seen this of course when the congress has requested that the trumpet ministration kind of explain the reasoning behind its refusal to hold the highest levels of the saudi government accountable when it comes to the murder of jim show she the washington post journalist something that it promised to do but then refused to do under the global magnitsky act so this is the latest concern is that there is not only a concern about a proliferation in the middle east with respect to nuclear arms but s

so we are seeing a definite pullback from the u.s. energytor on production because of low prices, so that's ultimately going to bring prices back up and it's going to be good for the economy, because these u.s. energy companies need a higher price. ashley: they certainly do. matt, i have 30 seconds. here we go again. the fed, very dovish. central banks around the world being a lot more accommodative. surely that's positive for the markets. >> well, careful what you wish for. yes, it's positive in the short term but if growth is slowing like they mentioned, then we have to cut rates and we haven't raised them to a high enough level. they don't have enough ammunition. you've got to be very careful what you wish for as far as dovish sentiment goes. ashley: very good point. matt, phil, and the very tan scott shellady, i appreciate it. i'm just jealous, don't worry. >>> closing bell ringing in under ten minutes from now. the final crucial minutes straight ahead. our "countdown" closers are set to tell you how to play today's selloff. "countdown"

states has secretly authorize several companies to sell nuclear power technology to saudi arabia u.s. energy secretary rick perry reportedly approved sixty miles on wednesday can be whole cuts has more from washington. it's been a cozy relationship from the start donald trump selected saudi arabia as the location for his first foreign trip the u.s. president made clear the kingdom is a priority that's why u.s. lawmakers are now asking questions about reports the trumpet ministration recently granted secret approvals to at least one u.s. company to sell nuclear power technology to saudi arabia the kingdom school is to reportedly build two nuclear power plants with the united states russia and south korea competing for the project the us department of energy is not confirming the deals in a statement to al-jazeera instead only that any action that's been taken is to protect a company's privacy but members of congress suspect otherwise after many in congress believe the truck administration last year failed to hold the highest levels of the saudi kingdom fluting the crown prince responsible for

united states secretly authorized several companies to sell nuclear power technology to saudi arabia u.s. energy secretary rick perry reportedly approved sixty one weapons they can be more from washington. it's been a cozy relationship from the start donald trump selected saudi arabia as the location for his first foreign trip the u.s. president made clear the kingdom is a priority that's why u.s. lawmakers are now asking questions about reports the trumpet ministration recently granted secret approvals to at least one u.s. company to sell nuclear power technology to saudi arabia the kingdom school is to reportedly build two nuclear power plants with the united states russia and south korea competing for the project the us department of energy is not confirming the deals in a statement to al-jazeera it said only that any action that's been taken is to protect a company's privacy but members of congress suspect otherwise after many in congress believe the truck administration last year failed to hold the highest levels of the saudi kingdom polluting the crown prince responsible for the murder. he

states has secretly authorized several companies to sell nuclear power technology to saudi arabia u.s. energy secretary rick perry reportedly approved sixty miles on wednesday can the whole morning from washington. it's been a cozy relationship from the start donald trump selected saudi arabia as the location for his first foreign trip the u.s. president made clear the kingdom is a priority that's why u.s. lawmakers are now asking questions about reports the trumpet ministration recently granted secret approvals to at least one u.s. company to sell nuclear power technology to saudi arabia the kingdom school is to reportedly build two nuclear power plants with the united states russia and south korea competing for the project the us department of energy is not confirming the deals in a statement to al-jazeera instead only that any action that's been taken is to protect a company's privacy but members of congress suspect otherwise after many in congress believe the truck administration last year failed to hold the highest levels of the saudi kingdom clued in the crown prince responsible for the

tapping these offshore oil reserves helps meet a significant part of u.s. energy needs. but when things go wrong, there's a high price to pay. in 1969, the santa barbara oil spill dumped two and a half million gallons of oil into the pacific, killing thousands of sea birds and marine mammals. in 1989, the exxon valdez oil tanker ran aground in alaska, spilling 11 million gallons of oil into prince william sound. and most recently, in 2010, the bp deepwater horizon disaster, which according t to u.s. government estimates, released 210 million gallons of oil intoto the gulf f of mexico. >> 57 days ago, in the dead of night, the worst environmental nightmare in u.s. history began. on a screen here and in homes across the country, we now see the livive video o of tens s of thousands of bbarrels of f oil billllowing into the gulf f of mexico every day. for yeyears, e oil industry swore this could never happen. we were told the technology had advanced, that offshore drilling was safe. bp said they didn't think the rig would sink. it did. they said they could handle an exxon va

u.k. >> sreenivasan: ramsey's office distributes about $70 million a year in grants for marine energy, with u.s. department of energy support, tidal devices have been tested in maine and new york. the department of energy is also helping build a $50 million wave ng site on the coast of oregon. it will be able to testcatility- devices. ramsey thinks american companies still have a chance to catch up to the europeans. >> we're not as far along as them but they're not that far out in front of us. wile can catch and then we can still be the world leaders in this space when you look across the country and the resources that we do have it spans it all. we have a great tidal resource, a great wave resource. we have the supply chain i thig we'd be misst on a big opportunity if we don't take advantage of that. >> sreenivasan: but despite the investment there are still questions as to whether or not developing technologies, liketi dal energy, can compete with existing fossil fuels and more established renewable energy technologies like wind and solar. >> tidal power is where wind and solar was 15 years a

u.s. electric grid with energy secretary rick and kentucky governor matt bevin. this is one hour and 40 minutes. ok, we will kick things off. left, congressman larry mershon, it represents indiana's eighth congressional district, is aongressman bush on former cardiothoracic surgeon and a member of the federal reserve. he came to congress in 2011 and serves on the house committee of energy and commerce. at the end, we have governor bevin's, we are not related, our names are spelled differently though they are pronounced the same. he is the 62nd of of kentucky, former businessman and kept in serving in the u.s. army. gentlemen, thank you all for being here and we appreciate you taking the time. i would like to start the onversation with a baseline the grid itself. in 2017, the american society of civil engineers gave the entire u.s. energy infrastructure a d+, a barely passing grade. bad, and howthat would you grade our current situation with the grade and the u.s. energy infrastructure. >> as an engineer, i would have to give it a d+. [laughter] i would agree with

nest eggs, local businesses no longer saddled with billions of dollars of washington red tape, u.s. energy now the largest producer in the world and america once again the most competitive economy in the world, that optimism makes sense. but we must not go back to the bad old days by repealing the tax cuts and harming the very americans who need help the most. rather than wasting time in congress on a rush to impeachment, democrats and republicans need to work together to grow the economy. america needs more customers and more workers. this means approving the new, modernized u.s.-mexico-canada trade agreement this year so we can reach more customers, create more jobs, and sell more made in america products to our two best trading partners. it means working together on the challenges facing america today, our work force. lack of qualified workers is holding down growth across the country and will slow growth in the future. it means working together to ensure america remains competitive internationally by challenging france's recent proposal to tax cross-border digital services. this is a n

energy. department rick perry authorized u.s. clear energy for saudi arabia. >> yeah, it is surprising, one of those things they may have wanted to try to influence public opinion on before signing it out. saudi arabia, i have been people have been trying too drive a wedge between us and them on capitol hill over murder ofs a elemen-- islamic activist. this is worrisome on why would a country awash in oil need to develop nuclear energy? some company assert they want to export more oil. but, if you learn and climb the learning curve on nuclear energy you are climbing part of the learning curve on nuclear weapons, so a little bit concerns. lou: a little bit. i have to believe a lot of people are concerned. because the idea of putting u.s. nuclear technology in that volatile region, seem like madness. >> yeah, you know there are a lot of things we can cooperate on the saudis a lot of places we should push them, to make sure they stop their export of islamic radicalism, you see this in far away place like southeast asia, political isl

senior political analyst thank you one more element to fold into this and that is the u.s. energy secretary who has authorized several companies to sell nuclear power technology to saudi arabia and others according to the reuters news agency which says the companies have actually requested the deals be kept secret the kingdom is planning to build two nuclear plants and russia south korea and the u.s. are all competing to strike a deal but there are concerns about fueling a nuclear arms race in the middle east kimberley hellcats keeping an eye on this story for us from washington d.c. based on what my one and i've been talking about already kimberly in the way that so many of these issues to do with the united states and saudi arabia are interwoven how can we weave this one in as well. well we can weave this in in that there is always a concern about transparency when it comes to the trump administration and its relationship with saudi arabia and this is been the concern not just around the world but also here in the united states particularly when it comes to the murder of jim. me

when you put huge storage management and focus on cost, complexity and carbon 40% of the homes the u.s. energy is how much we literally save in compute impact but storage virtualization has huge roi. and big part that pulls it together is automation like a self-driving car. self-driving data center has all the automation, analytics and same way you like the capabilities, want to be so automated, smart and intelligent. >> we had a partner of you guys, how you relate to that think best in show >> we have a special relationship with aws, second or third year of partnership. we've taken that same data center capabilities and built it natively to amazon vmware cloud in amazon many companies and federal sector large customers look at this as way to elastically expand and contract what they need to do in the cloud with the best benefits of the vmware tools but now working in amazon. treat as preferred vendor, number one in cloud space and going extremely well >> regarded that as primary part of your company until you're paired with a fabulous client. how did that come together >> votophone, cloud inf

u.s.-brazil energy forum. aspirationsrazil's to join organizations for economic cooperation and development, a laudable goal and one that will make its status as a developing and developed country. we hope that all of us will be able to work together, all nations. i am pleased to announce that over 20 years of talks, the finalizing a technology safeguards agreement to allow u.s. companies to conduct space launches from brazil. it is an incredible location when you study and see it. we will not go into it now, but because of the location, tremendous amounts of money will be saved. to put it simply, the flights are shorter. brazil's proximity to the equator makes it an ideal launch location. my administration is committed to reviving america's proud legacy in space. we are working together with everybody on space force and we are grateful for brazil's partnership. thank you again for the honor of your visit today, and a strong and thriving friendship between the united states and brazil is essential to the futur

the u.s. energy secretary has authorized several companies to sell nuclear power technology to saudi arabia that's according to media reports the reuters news agency says the companies have requested the deals be kept secrets russia south korea and the u.s. are all competing to strike a deal with the kingdom which is planning to build at least two nuclear plants there are concerns it could fuel a nuclear arms race in the middle east what will satan is a nuclear security specialist with these civilian research and development foundation and he joins us now from washington d.c. mr center given the trumpet ministrations resistance opposition to the iranian nuclear deal why are they so keen to sell nuclear technology to the saudis. well first of all thanks for having me on and there's a pretty big difference between the iran nuclear deal and the trumpet ministrations attempts to sell nuclear technology to the saudi arabians the nuclear technology that we want to sell to saudi arabia is civilian it's for

states has secretly authorized several companies to sell nuclear power technology to saudi arabia u.s. energy secretary rick perry reportedly approve sixty on wednesday can be held at how small from washington. it's been a cozy relationship from the start donald trump selected saudi arabia as the location for his first foreign trip the u.s. president made clear the kingdom is a priority that's why u.s. lawmakers are now asking questions about reports the trumpet ministration recently granted secret approvals to at least one u.s. company to sell nuclear power technology to saudi arabia the kingdom school is to reportedly build two nuclear power plants with the united states russia and south korea competing for the project the us department of energy is not confirming the deals in a statement to al-jazeera it said only that any action that's been taken is to protect a company's privacy but members of congress suspect otherwise after many in congress believe the truck administration last year failed to hold the highest levels of the saudi kingdom clued in the crown prince responsible for the mur

the trump administration issued at least seven authorizations allowing u.s. energyout any guarantee that information won't be used to develop a nuclear weapons program. alex reports. it is one of the most strained and pif toll moments. saudi arabia to receive american unclassified civil nuclear technology just five months after saudi journalist was killed. u.s. intelligence agencies believe the order came from crown prince. if they go to russia and china for their nuclear partners i can assure you that those two countries don't give a tinkers. >> it contained energy. saudi arabia has no nuclear weapons for now. they say it could change if iran builds them. by law they must agree to control to prevent them from developing a nuclear weapon. so far saudi arabia has not agreed to those conditions. >> it appears this is an end run around the law. zb secretary of state pompeo grilled about the authorizations on capitol hill. >> we treated iran like an enemy. if saudi arabia and held bent on developing a program that is uncontrolled and designed to make them a nuclear stat

we will speak to the federal energy regulatory commission chairman. significant for u.s. oduction. this is bloomberg. ♪ viviana: this is bloomberg daybreak. coming up later today on "balance of power," republican senator john kennedy of louisiana. this is "bloomberg daybreak." bloomberg has learned they are gold has no intention of raising it 17.8 billion author for newmont mining. newmont says it's toward will consider the mining -- the offer but it criticizes barracks model. the oil producers have spent this week making their cases to the biggest investors. elon musk is delivering on one promise and falling short on another. elon musk says tesla will start building a model 3 sedan that costs $30,000. he acknowledges is the company will not make a profit in the first quarter. tesla is closing its doors and will only take orders online. it will be another tough year for london-based advertising group of epp. the perp -- group wpp. the firm is expecting revenue to fall. its agencies in north america are struggling with the shift toward digital marketing. shares have fallen

vonnie: that was u.s. energy secretary rick perry.omberg markets continues after this break. ♪ vonnie: this is "bloomberg markets." i'm vonnie quinn. it is time for liberty business flash, a look at the biggest business stories in the news. dick's sporting goods started sailing back gun sales after the shooting in parkland, florida. it is removing more weapons. will drop hunting gear from 125 stores where it is underperforming. that have been declining have shares lower today. a lawsuit came. boardpage did not get approval when he awarded the controversial $115 million stock grant to android creator andy rubin. he is not commenting. more markets is next. this is bloomberg. ♪ mark: i'm mark crumpton with bloomberg's first word news. parents, coaches, task administrators and hollywood actresses are among the 46 people charged today in a sweeping criminal conspiracy that sought to help applicants win admission to elite universities, including stanford, ucla, georgetown, and yale. they paved -- paid bribes to win admission to their kids g

there were all sent dead letters by the u.s. energye , asking howst month they set these prices. vonnie: speaking of setting prices, the trump administration getting theseting prices down with various meetings. has it had any impact? abigail: the eli lilly announcement means it is the first major drug company to cut the price of a top-selling drug. a brandcontinue to sell made version but will also offer a generic that will have a list price that is 50% less. there is analysis out of bloomberg intelligence that this might not impact sales for eli lilly a great deal. net prices come home and to take out negotiated rebates with pharmacy benefit managers -- they are 75, 85 percent lower than list prices. a new generic with a 50% lower list price could draw in greater revenue for them if they capture the full list price. vonnie: our stock of the hour. our thanks to you. major indexes are struggling to find direction. more next. ♪ so with xfinity mobile i can customize each line for each family member? yup. and since it comes with your inte

u.s. we also want to have a priority for a forum on energy. the brazilian government, as a sign of goodwill, has granted exemption to u.s. nationals for further encourage tourists and business travelers. cooperation work front, we have signed a technology safeguard agreement which will, in turn, enable the satellite launch center, and as wes -- has expanded seek out partnerships and new development. science, technology, and innovation to video -- novation activity can occur due to the bilateral agreement. efforts to tackle terrorism and organized crime is a matter of utmost urgency for our two peoples. we have decided to strengthen our security and do more against money laundering and drug trafficking. establishing democracy is shared. coalitiona broad known as the sao paulo forum, which nearly conquered power throughout latin america in recent times. however, by democratic means, we were able to rid ourselves of this in brazil. in conclusion, let me say that brazil and the united states stand side-by-side in our efforts to assure liberties and

the u.s. energy department has approved six secret authorizations for u.s. companies to sell nuclear power technology and assistance to the kingdom according to the "daily beast". the "daily beast" cited two sources with knowledge of the approval. now according to this document the company is requesting that the government keep the approvals withheld from public release. the trump administration has been reportedly quietly pursuing a major deal for nuclear cooperation and the sharing of u.s. nuclear power technology with saudi arabia since early in the administration. the u.s. is reportedly competing with several other nations, including russia. >>> okay. heading across the pond where two separate events yesterday showed how badly the brexit situation is going. last night theresa may told members of her conservative party she's prepared to resign, but only if parliament votes in favor of the brexit deal she struck with the european union. it's being viewed as a last ditch effort to pass the agreement which has been overwhelmingly rejected twice by parliament

this promotes u.s. energy as an appropriate alternative to the boppedage of russia. the revolution and repeal of the 1970's era ban on crude oil sales in 2015 have unlocked america's abundant oil and natural gas reserves and we have become the biggest producer. given our partners and allies an alternative to unstable resources of energy. we lead the world in clean energy technologies which carbon sequester is important for the environment as well. nuclear and renewables which this bill promotes. i reserve the balance of my ime. the speaker pro tempore: the gentleman reserves and the chair recognizes the gentleman from new jersey. mr. sires: i yield five minutes to the gentleman from massachusetts, mr. keating. the speaker pro tempore: the chair now recognizes the entleman from massachusetts. mr. keating: i thank the gentleman from new jersey dealing with an important issue that we are dealing with now in western hemisphere and venezuela and associate myself with his remarks. i thank the gentleman from florida, mr. rooney, who has been a strong advocate of energy dive

santelli, coming up, we're going live to the big energy summit in houston senator lisa murkowski talks u.s. energyolicy and much more stay with us >>> the world's top power players in the energy business are gathering this week in houston. some of the big topics include the impact of the u.s./china trade war, geopolitical disruptions fracking joining us is senator lisa murkowski. senator, it's great to have you, welcome. >> good to be with you great to be here in the week. >> there's headlines that show what is happening in the u.s i see first of all that we are headed to surpass maybe russia and catch up with saudi arabia as an oil exporter maybe within five or ten years and wanted to ask you talking about the u.s./china trade war how significant the deal is that was signed to export lng to china. >> well, you have raised a couple of things here. first of all, recognize that the production here in the united states is expected to surpass saudi arabia by the end of the year that is significant. we are now truly a global oil producer you mentioned the lng and the opportunities that we have for expo

united states can do to stimulate the economy is number one, continued to promote production of u.s. energyeed to reform our corporate tax code. it is unfair. it is not productive. most importantly, it dissuade's capital investment. >> bret: your thoughts now six years later. >> fred: well, as you have watched at a front row seat, we are now approaching energy independence in terms of petroleum. the tax code has been changed, and corporate investment has predicted has gone up significantly. so those have been very positive elements and among the key reasons that we are actually growing as an economy today. >> bret: where do you see the economy, looking forward to? >> fred: the u.s. economy is pretty strong. the worldwide economy not so much. we announced in december that we had seen slowing economic growth in europe. at the time, a lot of people didn't really buy into that. but subsequent to that come almost every week is another announcement, germany slowing, brexit creating a problem now because of the trade tensions among other reasons. china is slowing. so the u.s. economy is strong. wo

, because it would be basically the end of civilization if 85% of the world and also 85% of the u.s. energyform of coal, oil, and natural gas were phased out over the next few years. at like tenew years. we do not have anything to replace them with. yes, if we want to eat into a crash course of building nuclear reactors, we could produce electricity, but that isn't going to happen because they are against nuclear, and even hydroelectric dams, which at least is renewable. but they don't support that either, so basically, they are opposed to approximately 98.5% of all the electricity that we are using. nearly 100% of all the vehicle and transportation, ships, plans energy that we are using. so when i tweeted the other day, i had a huge response. over 3 million impressions on twitter when i said you don't have a plan to feed a billion people without fossil fuels. or get the food into the cities where it's needed. that requires large trucks, and there's not going to be any electric tracks any time soon hauling 40 tons of food into the supermarkets where the people in the cities probably think i

, and we're going to ask him about aoc's big plan and if he can get behind the moonshot to turn u.s. energy usage entirely green. it's a fox business exclusive, next. treating advanced lung cancer. treatments like keytruda with chemotherapy really break through barriers that we had not too many years ago. (avo) another tru story with keytruda. in a clinical trial, significantly more patients lived longer and saw their tumors shrink than on chemotherapy alone. (dr. kloecker) it's changed my approach to treating patients. (avo) keytruda may be used with certain chemotherapies as your first treatment if you have advanced nonsquamous, non-small cell lung cancer and you do not have an abnormal "egfr" or "alk" gene. keytruda helps your immune system fight cancer, but can also cause your immune system to attack healthy parts of your body. this can happen during or after treatment and may be severe and lead to death. see your doctor right away if you have new or worse cough, chest pain, shortness of breath, diarrhea, severe stomach pain or tenderness, nausea or vomiting, rapid heartbeat, increased

the u.s. energy secretary has authorized several companies to sell nuclear power technology to saudi arabia that's according to the reuters news agency which says the companies have requested the deals be kept secret the kingdom is planning to build two nuclear power plants and russia south korea and the united states are all competing to strike a deal there are concerns it could fuel a nuclear arms race in the middle east. the u.s. federal aviation administration says it's absolutely confident the boeing seven three seven max a day craft is safe after two recent crashes which killed three hundred forty six people the f.a.a. administrator spoke at a congressional hearing looking into how the aircraft was approved for operation but he says it doesn't see a need to overhaul the way it develops airplanes. scientists and health care professionals have written a letter to the united nations calling for an international ban on so-called killer robots though they don't yet exist campaigners say only a year

u.s. oil and global markets. the international energy agency says the u.s. will account for two thirds of the increase in global oil production over the next five years rising u.s. shale production was one of the main drivers in the collapse in oil prices in twenty fourteen from which the oil industry is just recovering to bolster prices opec russia and other producers agreed last december to reduce supply by one point two million barrels a day from january to june this year. that's had only a limited effect on opec countries currently pump sixty two million barrels a day that is likely to rise sharply by about ten percent to sixty eight million by twenty twenty four opec's output is about half the thirty one million barrels a day it's expected to grow slowly to about thirty three million barrels by twenty twenty four. the i.a.e.a. says demand for oil based plastics and petrochemicals will feed steady but slower demand growth with no peak in sight travel is the other major growth sector thanks to rising incomes in developing countries and an increasing numbe

u.s. base if we are dependent on if we have good ties to russia through the energy markets we would not do anything again on everything against russia or because we would be a bit more cautious first secondly the u.s. wants to force russia into into the corner they want to price that. they are able to sell the gas to europe it is a disadvantage for the u.s. but even more and this is the main course the problem is in former days the u.s. dollar was mainly based on the monarchy really be the energy currency and when russia now can deliver gas the dollar is not the only dominant currency anymore even though it's pashley that it's russia. doesn't want to the u.s. dollar anymore for their energy the rule book would be or the euro could get equivalent and this was what really threatened them one not really the dollar monopoly as an energy carrier sure i mean right now the popular looks like it's going ahead it's set to to launch for the end of this year i mean just how much pressure do you think the u.s. can exert you know realistically in terms of economics political leverage as well to deter e

just another note on saudi arabia while away here the u.s. energy secretary has authorized several companies to sell nuclear power technology to saudi arabia this is coming from the reuters news agency which says the companies have requested the deals be kept secret the kingdom is planning to build two nuclear plants and russia south korea and the u.s. are all competing to strike a deal there are concerns it could fuel some sort of nuclear arms race though in the middle east let's talk to can really help in washington d.c. about this one that can be just a little background if you wouldn't mind and why this is a would be confirmed so controversial. yeah this is apparently something that the trumpet ministration has been working on very quietly for some time the reason for this secrecy the department of energy says when we did reach out to them they responded and said centrally what this will do is allow companies to kind of work ahead on these projects without actually shipping the equipment that would be necessary to construct a nuclear power plant

one more element to fold into this and that is the u.s. energy secretary who has authorized several companies to sell nuclear power technology to saudi arabia and others according to the reuters news agency which says the companies have actually requested the deals be kept secret the kingdom is planning to build two.

you any more developments as they come there is actually still more news on saudi arabia here the u.s. energy secretary has authorized several companies to sell nuclear power technology to saudi arabia that's coming from the reuters news agency which also says the companies have requested the deals be kept secret the kingdom is planning to build two nuclear plants and russia south korea and the u.s. are all competing to strike a deal but there are concerns it could fuel a nuclear arms race in the middle east's more on this one with kimberly how it outside the white house and washington d.c. what is it particularly here kimberly that is so controversial and can we even bring in the motor in the general relationship between the u.s. and saudi arabia and the scrutiny that's been on. yeah well the concern for lawmakers here in washington is secrecy once again when it comes to the trumpet ministration and saudi arabia with this latest deal the concern is that these approvals were done in secrecy we reached out to the department of energy to ask why and the department of energy said the reason is i

u.s.-brazil energy forum. we welcome brazil's aspirations to join organization for economic cooperation, development, a laudable goal. one that will make brazil's status as developing and developed country. we also hope that all of us will be able to work together, all nations. i'm also pleased to announce after 20 years of talks we are finalizing a technology safeguards agreement to allow u.s. companies to conduct space launches from brazil. that is actually an incredible location when you study it and when you see it. we won't go into it now but because of the location, tremendous amounts of money would be saved. to put it very simply, the flights are a lot shorter. brazil's proximity to the equator makes it ideal launch location. my administration is committed to reviving america's proud legacy in space. we will looking very strongly as you know, working together with everybody on space force and we are grateful for brazil's partnership. mr. president, thank you again for the honor of your visit today, a st

u.s. leads energy production for the first time in 40 years. the numbers look good.iz: high school dropouts people without a college degree, 5%. for minorities and women we have been covering what the facts are. is attacking the economy the only option against anyone running against trump in 2020? >> against president trump they will attack a lot of things. the numbers aren't showing that it's as bad as they are saying. it's a lot of doom and gloom. liz: we'll dig deeper into this later in the show. but as dan henninger says it's an undeniable reality the voters see, that's job growth. >> the unemployment is the lowest. it's incredible. liz: when you hear about the democrats in disarray and you stack that with the results of this administration, we are not pro or against trump. we are just reporting the facts. ernie, what the democrats are talking about now are higher tax rates. they are talking about socialist policies like medicare for all, and things of that nature. the down the rabbit hole of socialism. >> there are two big cams happening right now. you will have

u.s. is playing in global energy trade and policy.ou know, obviously the traits de spat with china is not great for a lot of these players, so we can assume that was a topic that was discussed. we had some lng companies as well trying to sign contracts with chinese buyers and this is not making things easy for them. it's likely going to come up again. alix: you bet. the geopolitics. thank you very much, rachel. let's get into the ring. the winner is barrick gold and newmont mining. both of them stopped throwing insults at each other and strike a deal, creating a joint venture with nevada assets. daniel, last week it was all about this real fighting between the two companies. what happened? danielle: they say a new page is being turned and they will have a joint venture in nevada instead. it was an interesting turn of events. barrick withdrew its hostile offer. in exchange, the two came to the deal and finally got this deal they had been working on this off and on for 20 years. from the newmont perspective, it got barrick off their bac

u.s. brazil energy forum. we welcome brazil aspirations to join organization for economic cooperation development. laudable goal and one that will make brazil status as developing and developed country. after 20 years of talks we are finalizing technology safeguard agreement to allow u.s. companies to conduct space launches from brazil. actually an incredible location when you study it and when you see it. we won't go into it now, but because of the location, tremendous amounts of money would be saved. committed to reviving proud legacy in space. we are looking strongly, as you know and working together with everybody on space force and we are grateful for brazil's partnership. mr. president, thank you again for the honor of your visit today, a strong and thriving friendship between the united states and brazil is essential to a future of security and prosperity for all of our citizens. it has been a wonderful time getting to know you. you are doing a fantastic job, you brought the country together and i look

u.s./brazil energy forum. we welcome brazil's aspirations to join organization for economic cooperation development, a laudable goal and one that will make brazil's status as a developing and developed country. we also hope that all of us will be able to work together, all nations. i'm also pleased to announce that after 20 years of talks, we're finalizing a technologies safeguards agreement to allow u.s. companies to conduct space launches from brazil. it's actually an incredible location when you study it and when you see it. we won't go into it now, but because of the location, tremendous amounts of money would be saved. to put it very simply, the flights are a lot shorter. brazil's proximity to equator makes it an ideal launch location. my administration is committed to reviving america's proud legacy in space. we're looking very strongly, as you know, and working together with everybody on space force, and we're grateful for brazil's partnership. mr. president, thank you again for the honor of your visit