u.s. treasury department should make public any intelligence related to the personal d corruption and then to cut him off and his inner circle from the international financial system. they want dollars. not trouble and by the way

u.s. treasury department and the inner circle of the russian president now the publication as. saying sions bill which was signed by u.s. president donald trump back in august last year but the u.s. treasury department denies that it is a sanctions list. it is not a sanctions list and the inclusion of individuals or entities in this report does not and in no we should be interpreted to impose sanctions on those individuals or entities the us ambassador to russia has already called for the russian side not to react emotionally to this publication kremlin spokesperson said that this list does not represent anything in particular but they will still look into it a possible impact on the russian companies some of their russian politicians have reacted quite certain cast sickly to this list they say that the u.s. intelligence is simply decided to include everyone from the kremlin's phone book and want and one high ranking official even said that this list is essentially a book of who is who and the russian politics so the u.s. says it is not saying since list but what could be the ai

u.s. treasury department and the inner circle of the russian president now the publication as. saying sions bill which was signed by u.s. president donald trump back in august last year but the u.s. treasury department denies that it is a sanctions list it is not a sanctions list and the inclusion of individuals or entities in this report does not and in no we should be interpreted to impose sanctions on those individuals or entities the u.s. ambassador to russia has already called for the russian side not to react emotionally to this publication the kremlin spokesperson said that this list does not represent anything in particular but they will still look into it a possible impact on the russian companies some other russian politicians have reacted quite certain caste sickly to this list they say that the u.s. intelligence is simply decided to include everyone from the kremlin phone book and want one high ranking official even said that this list is essentially a book of who with whom and the russian politics so the u.s. says it is not saying sions list but what could be the ai

u.s. treasury department issues an oligarch's list that names and shames but does not sanction hundreds of the country's politicians and businessmen. >>> happy tuesday morning, willem it hasn't been so rosy when it comes to markets reaction. we saw the first down day in four months in u.s. trading yesterday with all the major indices coming off a bit dow and s&p seeing their worst day since september pulled down by some blue chip names including apple. the picture in europe is not positive this morning. stoxx 600 is trading down. the ratio of red to green is 8 to 2, i would say. more red than green. let's get into individual bourses. again, you can see that european bourses across the board are actually struggling. ftse 100 down almost a half percentage point similar theme for germany and cac currant as well. ftse mib is one of the more risk-on risk-off barometers and is the index outperforming today. technology is leading the charge here, which is surprising given the apple news we got in yesterday's u.s. trading session. apple stocks down about 2% food and beverages was a leader. basic r

u.s. treasury department and the inner circle of the russian president now the publication as. saying sions bill which was signed by u.s. president donald trump back in august last year but the u.s. treasury department denies that it is a sanctions list it is not a sanctions list and the inclusion of individuals or entities in this report does not and in no we should be interpreted to impose sanctions on those individuals or entities the u.s. ambassador to russia has already called for the russian side not to react emotionally to this publication the kremlin spokesperson said that this list does not represent anything in particular but they will still look into it a possible impact on the russians.

u.s. treasury department and the inner circle of the russian president now the publication as. saying sions bill which was signed by u.s. president donald trump back in august last year but the u.s. treasury department denies that it is a sanctions list it is not a sanctions list and the inclusion of individuals or entities in this report does not and in no we should be interpreted to impose sanctions on those individuals or entities the u.s. ambassador to russia has already called for the russian side not to react emotionally to this publication the kremlin spokesperson said that this list does not represent anything in particular but they will still look into it a possible impact on the russian companies some other russian politicians have reacted quite certain sickly to this list they say that the u.s. intelligence is simply decided to include everyone from the kremlin phone book and want one high ranking official even said that this list is essentially a book of who is who and the russian politics so the u.s. says it is not saying sions list but what could be the aim of such

u.s. treasury department has listed some businessmen as kremlin oligarchs. it does not mean the names will will havee for -- u.s. sanctions. french retirement workers on strike, demanding resources to properly care for the elderly. demonstrations taking place to allow workers to continue to provide care while the labor action is ongoing. the french health minister has called for a rise in the budget for retirement homes. update, newbusiness fallout over the so-called nutella riots in france. >> the story made international headlines a supermarket shoppers in rent seen fighting over heavily discounted jars of nutella. the french finance minister is opening an investigation into the sale that salt them marked down by some 70%. france has strict regulations about, to retailers can discount goods and the promotion could count as product dumping. the agriculture minister proposing a that would cap such discounts at 34% of the wholesale cost. we will follow that one. doas long as the discounts not affect shoe sales. are we safe? >> stay away from shoes. >> thank yo

u.s. treasury department. in the inner circle of the russian president now u.s. ambassador to russia has already called for of the russians not to react emotionally to this list as it is a quote not a saying since list and the inclusion of individuals in this report does not and in no way should be interpreted to impose sanctions on of those individuals still of those documents as part of a same sions bill which was signed by u.s. president donald trump in august last year now kremlin spokesperson said that the list does not represent anything in particular but they will still look into its possible impact on the russian companies now some other russian politicians have reacted in quite a sarcastic way to this publication now some say that the u.s. intelligence decided to simply include affray one from the kremlin's phone book others say that the list reads like who is who for russia's political and business world so it is not a sanctions list just yet at the moment it's rather puts a black mark next to these names. it is not a sanctions list and the inclusion of

u.s. treasury department finishing its list of oligarchs close to president putin'.t will amount to a blacklist of russian elite. global news, 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. julie: after a year of dark headlines, u.s. retail is hopeful for the 2017 holiday season. sales data was released and holiday sales were up 5.5% year over year. with us is the ceo of the nrs. 5.5% growth, nearly $692 billion. what was driving this? it was a rocky year for retail, particularly certain areas. >> one ceo described it as a hockey stick year. the beginning was at that good and in november and december things took off. that is due to stronger than expected employment gains in october and november that led to increased wages and consumer spending. closer to the holiday season, thanksgiving weekend had strong numbers. we knew that we were in for a good year. closer to the end result the tax reform deal come together. the animal spirits were unleashed. people felt confident. companies were announcing bonus

u.s. treasury department will increase long-term debt sales for the first time since 2009, the recent growingeficits and the expectation of the fed balance sheet rolloff, sales of 3, 10, 30 year notes will rise to $66 billion. theresa may is in china where she will be walking a tight rope between politics and trade, she says she will raise issues such as china's human rights record and democracy in hong kong boss he wants to build a powerful post-brexit trade relationship. global news 24 hours a day, powered by more than 2700 journalist and analysts in more than 120 countries. i am taylor riggs. this is bloomberg. mark: coming up on the european close, the stoxx 600 turns negative as the trading day marches on. the close is 14 minutes away. this is bloomberg. ♪ vonnie: live from new york, i am vonnie quinn mark: i am mark barton cathing you down to the european close. dan fuss for more on central banks. a quick question on the u.s. 10 year yield. tohas risen quite steeply about 2.7%, highest in sense 2014. is 3% the key level, the level which has great significance, not only for the bond mark

u.s. treasury department sanctioned 14 iranian entities and individuals, including the head of iran's judiciary, a close ally of the u.s. >>> john feely, a career diplomate and former marine corps helicopter pilot says he no longer felt able to serve president trump. an excerpt of his resignation letter reads in part, quote, i signed an oath to serve the president and his administration in an apolitical fashion even when i might not agree with certain policy he. my instructors made clear that if i believed i could not do that, i would be honor bound to resign. that time has come. the u.s. officials say feely communicated his intentions to step down on december 27th before president trump's alleged use of a vulgar word to describe haiti and african countries. according to officials, feely will serve until march 9th. >>> let's get a check on your weather now with bill karins. bill, you have what you're calming a clipper storm moving to the northeast. >> not a huge storm as far as the mountains are considered, but the impacts are from minnesota to texas to the east coast by the time we get to tomo

u.s. treasury department released a list of russia -- you've got to love that picture that we're showing theredistracting. sorry, everybody. russian oligarchs with close ties to putin. although there are no penalties or legal percussions for being on that list. the kremlin responded vowing to retaliate saying it is, quote, a direct and obvious attempt to influence russia's upcoming presidential election which putin is expected to easily win. >>> meanwhile, yesterday a russian fighter jet buzzed a usair craft during a mission over the black sea. the u.s. navy says the russian aircraft came within five feet of the navy plane. the navy says the americans were plying in international air space when it was intercepted by the russians, concluding that it was unsafe. >>> let's get a check on your weather with nbc meteorologist bill karins. bill, if you're waking up in new york this morning, you might be pleasantly or unpleasantly surprised by a few snowflakes this morning. >> we are expect ago dusting, maybe at most 2 inches. 4 inches out of long island. rhode island and out towards cape cod are repo

u.s. treasury department as well. so we are seeing a big increase in supply. at the same time the fed, of course, is starting to shrink its balance sheet. it's reducing the number of treasuries it's holding. that's a big, meaningful shift >> those are technical drivers, also, again, if you flip it, ten-year yields can only sell off so much if it's not accompanied by rising inflation as well. >> good point. interesting what we're seeing is inflation break evens move higher as i suggested, there was strong demand for the ten-year tips actio5 auction. so we're seeing nominal yields moving higher. the big question is how much further can yields move an we still see this sea of green in terms of stocks? at what point do stocks turn around and said i don't like this much. that's a big question for investors. >> and for yourself. when you see these things happen, there's also a lot of volatility in the equity space the dow continues to move higher, but there's a lot of intraday volatility. vix moving higher. as an investor you see these things happening, are you think

u.s. treasury department announced a new sanctions on five iranian entities that treasury officials say supportran's ballistic missile program. treasury secretary steven mnuchin accuses the iran regime of prioritizing its missile program over its people. the iranian crown prince told fox news today helps the protests in his homeland are different from those in 2009. >> let me be clear on what the message then was. addressed to know than president obama himself. the chance on the streets in 2009 were "obama, obama." in farsi, it means you are with them or with us. directly addressed to the president of the united states. take a position. this is crucial, and it could be a historic moment in time where the face of the entire middle east could change as a result. either for the better or for the worse. >> bret: state farm and officials say iran's government has jailed more than 1,000 people and is killing those brave enough to protest in the streets. at least 21 protesters are believed to have been killed so far. the war in afghanistan that began after the u.s. was attacked on september 11, 2001,

u.s. treasury department ever since. vonnie: is in a court needed response, or is it not coordinated? if we are going to negotiate better trade deals, why would we need a lower dollar? michael: in theory you don't, but the lower dollar has the effect of making u.s. goods cheaper overseas. what mnuchin is saying is true. whether it should be policy is another question. the other thing that happens when he got a weaker dollar is you can import more inflation. but i to be lucky than good. he is saying this at a time when we don't have a lot of inflation so it may not be as much of a danger as the days when lloyd bentsen was talking about it. it also means if inflation is higher, the fed would have to raise interest rates were quickly and that is not happening -- more quickly, and that is not happening. we will see if this represents a change in policy or not. mark: thanks a lot. let's chat about today's currencies in more detail. we are joined by richard jones from bloomberg markets live in berlin. richard, what is mario draghi thinking given comments from the likes of mnuchin and some a

u.s. treasury department should make public any intelligence related to his personal corruption to take steps within the european allies from the international financial system. they want dollars. not rubles which by the way they want to visit other countries cannot be stuck in russia. that that is why the law really works. to take away the fruits of their corruption in the government should expose corrupt chemical activities associated with the state owned energy sector to also issue yearly reports based on objective third-party corruption as well as governmental efforts this is a bill has already passed the senate foreign relations committee patterned after the trafficking in persons report with every country's efforts to fight modern-day slavery. fourth. the united states government should doesn't countries that have influence operations as a high bid long -- hybrid threat designated as such would fall under preemptive and escalated sanction regime using these like cyberattacks to deal with the democratic election to disrupt to the infrastructure the united states government should work wi

u.s. treasury department should make public any intelligence related to the personal d corruption and then to cut him off and his inner circle from the international financial system. they want dollars. not trouble and by the way they want the visa to other countries that is why the log really works to take away their corruption. the u.s. government should expose criminal activities associated with russia's state-owned energy sector. in addition it should issue yearly reports with tiered classification based on objective third-party corruption cases as well as efforts of corruption this is a bill that already passed the senate foreign relations committee patterned after the trafficking of persons report to fight modern-day slavery we need that same effort united stateste government should influence operations and democracies as a hybrid. countries that are designated as such falling under the preemptive sanction regime that is applied whenever estate uses asymmetric weapons like a cyberattack to interfere with an election or disrupt infrastructure. united states government should work with

u.s. treasury department hand. i wanted the treasury secretary to be able to meet with a person or the head of a business or some people in the sector of an economy without speaking markets, or the head of a country without speaking markets, that there is information that is important for policymakers to get that you do not necessarily want in public, and the same with negotiating. you cannot negotiate anything in the public. something as comics as a nuclear deal or a trade agreement -- something as complex as a nuclear deal or a trade agreement, because all negotiations involve give and take. first.volves people give activists go crazy, so you do not get to the next take where the other side gives you something. things just fall apart. behinde to negotiate closed doors. that is the only way to do it effectively. ms. azari: i want to get to questions in a few minutes. i didn't want to take it to each of your specialties. the state department, i feel you can give us so many thoughts about this state department, ever

u.s. treasury department hand. i wanted the treasury secretary to be able to meet with a person or the head of a business or some people in the sector of an economy, without spoken -- spooking markets. or the head of a country without spooking markets. the sense that there is information that is important for policymakers to get that you do not necessarily want in public, and the same with to be able to meet with a person or the head of a business or some people in the sector of an negotiating. you cannot negotiate anything in the public something as complex , as a nuclear deal or a trade agreement, because all negotiations involve give and take. that means that someone has to give first. in the first person to give, if you give first in public, all crazy and say,o you are giving away the house, you cannot do that! things just fall apart. so you have to do those, you have to negotiate behind closed doors, it is the only way to do it effectively. ms. chambers: i want to get to questions in a few minutes. i didn't wa

u.s. treasury department. so it really is a death blow to the deal.hink a lot of people are wondering whether, if 120 days from now, we see some progress toward getting new legislation on capitol hill and perhaps the europeans saying, look, we're not going to renegotiate the deal right now, but we're standing with you in an effort to perhaps think about doing a follow-on agreement after this deal expires or enhance sanctions against iran on its ballistic missile program that perhaps they could once again sell the president on staying his hand. that's a highly uncertain scenario but i think it's what the deal's defenders are now resting their hopes on. >> yang: 120 days to go, mark landler of the "new york times," thank you so much for helping us understand this. >> thanks for having me. >> woodruff: stay with us. coming up on the newshour: mark shields and david brooks tackle a busy week in politics. and, an immigrant's take on finding the path to belonging and acceptance. this week, the u.s. state department issued its top travel warning, usually res

u.s. treasury department should make public any intelligence related to mr. putin a personal corruption and take steps with our european allies to cut off mr. putin and his inner circle from the international financial system. they want dollars, not rubles. they want visas to visit other countries and not be stuck in russia. that's why the mcnitsky law really worked. u.s. government should also expose corrupt and criminal activities associated with russia's state-owned energy sector sector. in addition the united states government should issue yearly reports that assign tiered classification as well as governmental efforts to combat corruption. this is a bill that's already passed the senate foreign relations committee. it's a bill that's patterned after the trafficking and persons report that judges every country's efforts to fight modern day slavery. we need the same effort so countries are prepared to fight corruption. fourth, the united states should designate countries that employ maligned innocenc maligned influenced operations as state hybrid tlhreat a

u.s. treasury department should make public any intelligence ways that mr. putin's personal corruption and well-stored abroad and take steps with europe and allies to cut off mr. putin and his inner circle from the international financial system. they want ours not rubles. by the way, they want visas to visit other countries and not be stuck in russia. that's why the magnitsky law really worked by taking away the fruits of their corruption. the u.s. government should also expose corrupt and criminal activities associated with russia's state-owned energy sector. in addition, the united states government should also issue yearly reports that assigned tiered classification based on objective, third-party corruption indicators as well as governmental efforts to combat corruption. this is a bill that's already passed the senate foreign relations committee. >> it's a bill that's at earned after the trafficking and persons report that judges every kointsrys effort to fight modern-day slavery and we need the same effort as countries are prepared to fight corruption.

u.s. state department in the u.s. treasury will not be targeting russia itself but rather entities companies and countries around the world that do business with russia's defense or intelligence sectors interesting stuff caleb maupin in new york thank you. now islamic state says it carried out monday's attack on a military academy in the afghan capital kabul killing eleven servicemen and injuring sixteen local journalist bill also ari reports there were five suicide attackers two of them killed by afghan national security forces and another two of them did renewed that explosives and one of them was detained sue said jack had a rocket propelled grenade in for forty seven's were seized the. almost two about four hours residence in that area reported hearing loud explosions there was the use of having small weapons so the fact that these militant groups can't really strike could well in target these key military institutions as well.

u.s. department of treasury naming individuals who were connected with russia's president vladimir putin now people were expecting this list but it did not materialize a bill that was passed to the countering america's adversaries through sanctions act specifically allows the government the united states to impose sanctions on countries that do business with countries targeted by the bill the usa can impose sanctions and can begin the process of imposing sanctions on countries that do business with russia's intelligence or defense sectors now allies of the united states in western europe nato countries among them there were some that were not happy about these new sanctions as they prevent them from doing business with russia nearby neighbor and trading partner we've heard a lot of anger from german officials bilgin officials are also not happy about these new sanctions being imposed on russia that will have a negative impact on their economy and this is potentially driving away between the united states and other nato members and countries now at this point it appears that donald trump is n

u.s. sanctions. the treasury department said it is providing a list required by law of senior political figures and thoselose to the kremlin and worth a lot of money. the kremlin claims this list is attempted interference in the upcoming russian presidential election. president putin said those names are engaging in domestic politics and the united states is attacking the elected president. putin also says certainly this is an unfriend led act. it aggravates the already bad condition of u.s./russian relations and harms international relations in general. we aren't going to look for trouble or aggravate the situation. we want and will be patiently building relations to the extent the american side is ready for it. the trump administration also announced it decided against enacting additional sanctions for the now as the law that passed last year does enable the u.s. administration to do. the treasury secretary just testifying before the senate banking committee says after the release of this so-called list the treasury department will announce additional sanctions. he has yet to provide a timeline. back t

u.s. treasury department did release a list of russian oligarchs with ties to vladimir putin including 114cians and 96 businessmen there are no penalties for legal repercussions for being on that list. the kremlin has responded, vowing to retaliate and saying it is a quote direct and obvious attempt to influence russia's upcoming presidential election, which putin is expected to easily win. what am i missing here, joe? it's unbelievable. >> well donald trump does the bidding, for vladimir putin. again. donald trump tries to make vladimir putin's life easier again. we showed a clip from 2015. where he was praising vladimir putin as a strong leader for assassinating journalists and killing political opponents. well just this week, vladimir putin had a popular political opponent, dragged off the streets in the middle of a protest and taken away by authorities in the broad light of day. this is not a man who is popular in russia. this is a man who is so unpopular in russia that he has to throw all of his opponents in jail. we, we don't really know how popular he is. because political opponents

treasury department. four possible future sanctions for their relationships. it might be involved in election interference in the u.sst these oligarchs but the treasury department is promising it could happen. we have lots more to discuss including five different responses to one speech. did the democrats have a union issue here? that's next. stay with us. if you've been diagnosed with cancer, searching for answers may feel overwhelming. so start your search with our teams of specialists at cancer treatment centers of america. the evolution of cancer care is here. learn more at cancercenter.com/experts so, howell...going? we had a vacation early in our marriage that kinda put us in a hole. go someplace exotic? yeah, bermuda. a hospital in bermuda. a hospital in bermuda. what? what happened? i got a little over-confident on a moped. even with insurance, we had to dip into our 401(k) so it set us back a little bit. sometimes you don't have a choice. but it doesn't mean you can't get back on track. great. yeah, great. i'd like to go back to bermuda. i hear it's nice. yeah, i'd like to see it. no judgment. just guidance

u.s. legal system and the justice system. dealsis a process that with people outside the united states who are involved in supporting terrorism. the treasury department can list people who are financing terrorism. that, the treasury does -- if the treasury says that, their assets will be frozen and they will not be able to use u.s. assets and they will be asgged internationally promoters of extremism and terrorism. this has been going on and was a in countering terrorism after the events of 9/11. treasuryblished on the department's website. it is public. websitethean to csis.org if you want to read more. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] announcer: live picture from the white house briefing room. we will have live coverage as soon as it gets underway. more on "washington journal," with a look at the congressional agenda. [captions copyright national cable satellite corp. 2017] host: staff correspondent with "the national

employees at the environmental protection agency and housing department will be out of work that's compared to about fifty percent of workers the treasury u.s. defense secretary says training maintenance and intelligence operations will be impacted around hoff of the defense department seven hundred forty thousand civilian workers will also have to take a leave of absence and if you're planning to visit the u.s. landmark tourist sites like washington's famous smithsonian museums and the national zoo well they'll be closed but services like border security as well as as traffic control will continue the state department also says visa services at u.s. embassies will remain as long as funding remains. is a political analyst and professor of public policy at george mason university he thinks the shutdown will hurt president trump the most. he'd love to be able to fire congress but he can't do that and people hold the president responsible for running the federal government look the president's republican the republicans have majorities in both houses of congress democrats are perfectly confident they can put the blame on the republicans for no

u.s. is ramping up the pressure on russian interference in the 2016 election. the treasury department released a list of 210 of the company -- of the country's biggest -- that limited inventory of houses for sales is still having an impact on prices. home prices in 20 large u.s. cities rose in november by the most in more than three years. logic,ng to s&p core property values increased 6.4% over the previous year. that is three times the rate of inflation. global news, 24 hours a day, powered by over 2700 journalists and analysts in more than 120 countries. this is bloomberg. mark: coming up on bloomberg markets, caution creeps into the market. mike ryan of ubs wealth management joins us to discuss the dangers working below the market surface. this is bloomberg. ♪ >> if thoughtful approach the federal lines our financial system to support growth in our communities. vonnie: you're watching steven mnuchin speaking before the senate committee on urban development. he is giving the annual report to the financial oversight council. we will be monitoring it of course. we have his prepared r

the environmental protection agency and housing department will be out of work that compares with about fifty percent of workers at the treasury the u.s. defense secretary says training maintenance and intelligence operations will be impacted about half of the defense department seven hundred forty thousand civilian workers will have to take a leave of absence well if you're planning to visit the u.s. landmark tourist sites like washington's famous smithsonian museums and the national zoo will be closed but services like border and airport security as well as air traffic control will continue the state department also says visa services u.s. embassies will remain as long as funding remains our white house correspondent kimberly how it joins us live now from washington d.c. so they've got what about forty eight hours anyone think they can pull it off. well certainly congress is trying its back in session both the house of representatives and the senate on saturday trying to work out a deal there is some optimism that that can occur but at the same time the white house has drawn a line in the sand essentially saying until government fun

the environmental protection agency and housing department will be out of work that's compared to about fifty percent of workers at the treasury the u.s. defense secretary says training and maintenance and intelligence operations will be impacted around half of the defense department seven hundred forty thousand civilian workers will have to take a leave of absence and if you're planning to visit the u.s. landmark tourist sites like washington's famous smithsonian museums and the national zoo will be closed but services like border and airport security as well as air traffic control will continue the state department also says visa services at u.s. embassies will remain as long as funding remains scott lucas is a professor of american and international studies at the university of birmingham he says continued budget uncertainty will have an impact well beyond the shutdown we're in this position because the trumpet ministration has not passed the federal government budget after one year in office it doesn't even have one ready to present so that's the core issue where it's had to go again and again back to congress on this occasion for

the environmental protection agency and housing department are now out of work that's compared to about fifty percent of workers at the treasury the u.s. defense secretary says training maintenance and intelligence operations will also be affected about half of the defense department seven hundred forty thousand civilian workers will have to take an unpaid leave of absence the country's national parks have been ordered to remain open though with reduced stuff but landmarks sites like washington smithsonian museums and the national zoo will be closed services like border and airport security as well as traffic control will continue the state department also says visa services at u.s. embassies will remain as long as this funding as goes white house correspondent can be held in washington d.c. what can you tell us about negotiations over the shutdown how long is it likely to last. well initially it was thought that perhaps this could be resolved over the weekend so that federal workers could resume working monday morning but that is looking less and less likely as congress began to take session with the house first in the senate soon sh

department declined to impose new penalties on russia from meddling back in the 2016 election. the u.s. government is supposed to penalize countries which buy russian military equipment. the treasuryove head with that because the sanctions law is enough of a deturn rent. steve mnuchin said that russia could face more penalties soon. this is a fascinating series of event the past 16, 18 hours. rich edson has it. hello. >> hi, shep. more reaction from russian president vladimir putin. he was joking that he was offended the treasury department of the trump administration left him off this list of russian on oligarchs. he said it looked like it was taken from the kremlin's phone book. officials compiling this list used a 200 richest people businessmen in russia list compiled by forbes last year along with other open sources to help them put this list together. earlier today steve mnuchin defended the list. he said congress will get a classified version of this with more detail and the treasury will brief him on that. he also says the treasury will roll out more sanctions against russians. >> how can sanctions punish russian interference in the ukraine and american elections and deter

christine, we have to recall all of this is being done by the treasury department because of russia's alleged meddling in the u.sion in 2016. the current director of the cia doesn't believe it is a one-off. he says the russians are still at it. here is what mike pompeo had to say with the british broadcaster bbc. >> the russians have a long history of these information campaigns. that part of it is not new. that technology that enables it is now cheap and plentiful and the capability of transferring information around the world is simpler than it was in world war ii or decades ago. this threat will not go away. the russians have been at this a long time. i expect them to be at it. >> reporter: as you can see, christine, a lot of friction and distrust with the u.s. and russia. you know one of the things that president trump has been saying over the past couple weeks and months, basically since he came into office, he wants better relations with russia. judging by what we're seeing today, it seems it is not going in that direction, christine. >> thank you, fred pleitgen for us if mosct -- in moscow. >>> a russian

u.s. citizens if china if china. and financial takes over this business further than that they have not specified what other concerns they have but this is quoting to report the treasury department is also a used to using global payment beeman options such as visa and master cut to run the financial programs is also to help to align with the u.s. foreign policy goals and i am i talking about a pretty huge deal he one point two billion dollars i guess a major let down for the money gram and for a financial. but this exactly right is very very big blow to of course jack ma who owns and financial under the group and also is the second acquisition that's been negotiated that failed the first being by your own net so it is a major let down fall on both ends of the spectrum it is also a very big deal for china as a fin tech industry as well ok thank you very much for your analysis. topic top of the agenda for germany's coalition talk guy you can definitely say that by request from refugees to rio night with their families it's a politically charged complicated and expensive process and even one german authorities approved family reunification is a red tape in places like greece now ca

at the environmental protection agency and housing department will be out of work that compares to about fifty percent of workers at the treasury the u.s. defense secretary says training maintenance and intelligence operations will be impacted about half of the defense department seven hundred forty thousand civilian workers will have to take a leave of absence now if you're planning on visiting the u.s. landmark tourist sites like washington's famous smithsonian museums and the national zoo will be closed but services like border and airport security as well as air traffic control will work the state department also says visa services at u.s. embassies will remain as long as funding remains scott lucas is a professor of american and international studies at the university of birmingham he joins us now by skype from birmingham good to have you with us how much of an embarrassment is this for the man who prides himself as an artist in deal making a person who blamed previous shutdowns on previous presidents. it was not good but of course donald trump and the republicans today will say it's not their fault they'll say it's entirely those

u.s. sanctions list. he isn't allowed to be in the united states without special permission. he's listed on the department of the treasury'sersons list. so, why was he here meeting with u.s. government officials? well, according to the washington post, two top russian spy chiefs traveled to washington last week to discuss counterterrorism issues with cia director mike pompeo, but the unusual visit also raised concerns among some u.s. officials that moscow could interpret the encounter as a sign the trump administration is willing to move beyond the issue of election interference. chuck schumer has his own concerns about the visit. he's demanding answers. >> this is a serious national security issue. russia hacked our elections. we sanctioned the head of their foreign intelligence, and then the trump administration invites him to waltz through our front door. this is an extreme dereliction of duty by president trump who seems more intent on undermining the rule of law in this country than standing up to putin. >> and if you listen to the russians, no biggie. here's how the russian ambassador to the u.s. explained it in stat

u.s. authorities later accused him of continuing his business while behind bars. the treasury departmentanctioned his friends and relatives for investing his considerable fortune in legitimate businesses. with his client in prison and the properties confiscated, he stopped paying. the companies fell into limbo. he died on christmas eve in 2004. a year later, a lawyer sent an e-mail to the partners. the president and the secretary general of the costa rican national olympic committee had visited the office with a thorny problem. go streaking government had given the committee's mansion for its new headquarters but the committee couldn't acquire legal title because the druglords technically still held it to the panamanian company. the olympic committee wanted him as a director of the company to donate the property to the committee to avoid a complicated judicial process. giving away property that still technically belong to one of the world's most fearsome drug traffickers seemed ill advise. the firm decided the directors would resign her position, go streaking would have to solve the lega

u.s. pushes are not related to that agreement. the treasury secretary, treasury departmentnted sanctions to the nuclear deal. it says that it's targeting the iran regime, including the head of iran's judiciary for its appalling mistreatment of its citizens, after iran has reportedly imprisoned thousands of its citizens, tortured and killed others as part of the protests we've been seeing. the administration and treasury department said they're sanctioning iran, targeting its ballistic missile program and other destabilizing activities. trace back to you. >> trace: rich edson live at the state department. maybe kim jong-un doesn't mind being called little rocketman? president trump tells our corporate cousin the "wall street journal" he probably has a very good relationship with the north korean dick you ator. have they talked or do they plan to talk? a great question. potential answers next. liberty mutual saved us almost eight hundred dollars when we switched our auto and home insurance. with liberty, we could afford a real babysitter instead of your brother. hey. oh. that

the environmental protection agency and housing department will be out of work only about fifty percent of workers at the treasury face that fate the u.s. defense secretary says training maintenance and intelligence operations will be impacted about half of the defense department seven hundred forty thousand civilian workers will have to take a leave of absence if you're planning on visiting the u.s. landmark tourist sites like washington's famous smithsonian museums and the national zoo will be closed but services like border and airport security as well as air traffic control will continue the state department also says visa services at u.s. embassies will remain as long as funding remains our white house correspondent kimberly howard joins us live now from washington d.c. it's always a quiet day on a saturday in washington d.c. how much confidence is there they can make sure it doesn't become a quiet monday to. well there is very little confidence right now it seems as patty reported there the both sides are in a standoff and that is certainly frustrating president donald trump who is in the white house behind me he had been schedul

u.s. treasury where he had significant responsibility for the department's international agenda, which included a revamp of sifius. he also served in the reagan white house as national security council executive secretary from 1983 to 1985. in 1997 he was a member of the national defense panel, and from 1998 to 2005, he was a member of the director of central intelligence national security advisory panel. mr. kimmitt served in combat in vietnam with the 173rd airborne brigade, retired as a major general in the army reserve, and also served as the u.s. ambassador to germany. national security strategy and logistics executive at deloitte consulting. served for 36 years at the department of defense. from 2013 to january 2017, mr. estevez served as the secretary of defense acquisition and logistics. he represented the department of defense while chinese investment in the united states accelerated rapidly. previously, he held several key positions including assistant secretary of defense, and assistant deputy under secretary of defense for supply chain integration. mr. wolf is a partner and from 201

u.s. house gaveling back in for several votes, including on a bill that would provide $3 billion to the world bank. but would withhold 30% of that money until the treasury department certifies that management improvements have been instituted at the bank. and the federal government is current short-term spending measure ending friday at midnight. republicans are proposing a measure that would run through february 16, including a six-year extension of the children's health insurance program and a delay of affordable care act taxes and that will be considered. and house members will debate it tomorrow. the senate may take up the bill on thursday. and follow hou

u.s. is ramping up the pressure on alleged russian interference during the 2016 election. the treasury departmentlist of 210 of the country's richest tycoons and allies. putin could be targeted with sanctions. just being on the list could persuade banks to do business with them. a house committee has voted to ask white house clearance to release a classified republican memo on alleged fbi misuses. the document alleges abuse is into surveillance of people surrounding president trump. the top democrat on the panel calls it a attempt to distract from the russia investigation. france's economy had its best year since 2011 as gdp rose 0.6%. for theomy grew 1.9% year and has been bolstered by president macron's reforms and business tax cuts put in place by the previous administration. and in the u.k., jeremy corbyn has told business executives he is keeping his options open on brexit. according to one person at a meeting last night, he said the party would rule out nothing except for a second referendum. among those attending were five people from the u.k.'s biggest business lobby. global news 24 hours