for instance, the company is building nuclear power generation in uae but. [speaking russian] re-signed a contract to supply fuel to uae and there in the short list of companies which are involved in the bidding for saudi arabian power generation. as an energy case putin has consulted all the power in energy, and military experts, and think now he's using them as a tool to implement its goals. same goes for egypt as well. rosatom is the shareholder. by the way, they just sold a percentage of their shares. that is a cooperation cookoff go between russia and the gulf states, and wherever russian interests do not conflict with the gulf interest in other parts of the world, especially in north africa, they cooperate. but whenever they don't enter or the don't see as a physical enteinterlake algerian market or american market, they stay apart. they're very active in libya and egypt. it's over all the same tactics have been deployed in every part of the world by using consolidated power, by using the state-owned companies. >> okay. one question i had, i don't even

and the entry of ivar which is a uae real estate company to build new cairo as a new capital. there would be this new capital and egypt's sovereign wealth fund represents this new egypt. in terms of the way that egypt could be able to put tray itself as a sovereign country with a where it wealth fund could invest in the future. the problem with egyptian projects is they take a very long time to get off the ground. because of corruption within the of the the likelihood egyptian sovereign wealth fund operating like many of the other wealth funds may get off to a very bad start. another part of the sovereign wealth fund, in theory, is to be able to work with egypt's emerging gas industry. this is all tied together. be bringing in revenues related to the sale of the gas and so on and it will help build a better future for egypt and its citizens but the problem is, it has to get off the ground first. it has to be extremely transparent. these days because of the focus on transparency in many of these other organizations and how they spend their money. next question please. right the

russians have not only emboldened russia to go into action, then you, i call the enablers that the uae which makes no bones about it that are helping them get into for and use pmc's uae for purposes of getting access to mineral resources. or creating long-term political influence and creating a base for russian arms sales which is a big deal and the growing income base. africa is growing important to the prime minister he, it's a growing importance to other sectors as well. the phenomenon of entrepreneurs or quiet entrepreneurs becausethey are private . in russian policy goes back to the czars who used people because it gave them pliable deniability but also relieve the stress, they don't have to pay for it. the private entrepreneur pays for it but it's become ubiquitous to put in. there's an article in the washington post last week that one of the people was sponsoring maria tina and her questions in washington was a russian oligarch and a billionaire as the case may be. we now found out that russian millionaire or greek millionaire with russian connections was bankrolling to increase

we're seeing dp world from uae getting more involved in projects in the caspians. the ability for these type of state-owned companies involved in lojt -- logistics involved in russia is growing. the investment fund to make deals with other sovereign wealth funds which is another type of financial vehicle to make deals with those sovereign wealth funds in the gulf states. now, there's been a lot of talk about sovereign wealth funds and their activities between russia and the gulf states. but let's face the facts here first and foremost. every sovereign wealth fund is different. it's like a thumb print. they're all structured differently. they all have different types of goals and ways in which they want it make way where they see investments in emerging markets and so on. but the point here is with the sovereign wealth fund development between the gulf and russia and vice versa is the political -- the political cost, if you will, or the political revenue that you receive from these types of investments. and the crisis accelerated the development and speed of these s

has not only embolden russia to go into -- enablers, that are helping them get into africa and use uae for purposes of getting access to mineral resources are into contracts, or creating long-term political influence and a basis of local russian arms sales to african countries which is a big deal and are growing importance. as lavrov said, africa is going important to the foreign minister, growing importance of the sectors as well. the phenomenon of private entrepreneurs, quote private entrepreneurs because they are not private for sure. in russian policy goes back to the czars are used to use people because he gave them political deniability and also relieve stress on the state budget. they don't have to pay for. the private entrepreneur pays for it but it comes ubiquitous on putin. think about this. it was an article in the "washington post" that one of the people who is sponsoring marie bonet and request a quest threat washington was another russian oligarch billionaire 1 billio1 million or as case ma. we now find out that russian millionaire or quick banner with russian connection

is brought together by the uae. it's part of a larger move for allowing russia into that part. in addition to that you are seeing ethiopia get closer to moscow on religious grounds which is part of the expanding tactic from the christian middle east. and because of the strategy. and they go out towards that. will be seen a lot of russian pmc's popping up there. since we are right there. let's go out once he down. thanks so much for speaking today. i have a quick question. with the tools that we have available. within international law. what recommendations would you head for the west to combat this threat. using the tools that we have available. first of all, the threat is not primarily military. it is fundamentally political. we really need to strengthen the economic and other capabilities. to deal with the problems that we have. so that conflicts don't interrupt. it's what provides russia with opportunities. russia doesn't really create opportunities as much as it exploits them. also there has to be a much more serious attention. and to africa. we make this. we are screening

, who are helping them get into africa and use places like the uae to get mineral resources or energy contract or create long-term last in political influence and russian arms sales. it's a big deal and is a growing import. importancef growing to other sectors as well. the phenomenon of private entrepreneurs, because they are policyvate, in russian goes back to the stars -- the a zars because it gave them plausible liability. it's become ubiquitous under putin. there was an article in the all -- in the washington post last week that one of the people who was sponsoring bettina was another russian oligarch. we now find out that russian millionaires or greek minors with connections was bankrolling the attempt of a coup in macedonia. it led to the expulsion of two diplomats. the same guy who organized by wasmilitias for crimea involved in the montenegro to about year and a half ago -- montenegro coup about year and a half ago. you might call these great area phenomena. but they are military operation. they are part of the broader military strategy to advance russian national interest. an

that's why i brought up the uae thing. you say we're talking about afghanistan. you want to talk about my brother. you don't think that's a side step but you think what you're building in the uae is a side step when you put mercs there to help -- >> when you look at historically how unconventional forces are built to stabilize areas, that's how you do it. i'm amazed at the amount of defenders of the military industrial complex there are, that they want to keep spending $62 billion, more than the entire uk defense budget just in afghanistan. you guys are right to complain about this military parade in washington, which i think is a bad idea. you're blowing through 3 1/2 military parades a day in afghanistan. >> but the only alternative isn't to put in mercenaries. that's why i'm asking you. you have to be careful what happens under your color of authority. you know that. by the way, cheap shots aside, you represented this country with honor as a member of a s.e.a.l. team. you know what i'm talking about, about the integrity that we have to keep in place. that's th

uae deliberately is taking some revenge and raft out on some arrogant bankers who have mistreated hisme revenge and wrath out on some arrogant bankers. how you doing? i'm the, ah, lift driver that you called to take home your girlfriend. not a girlfriend, man. 0h. credit card wasn‘t valid. come in. there you go. mm. pay yourself whatever, and give yourself a nice tip. thank you. you're not going to ask me if she got home ok? this is the point where usually i'd give you a chance to do the right thing — but not tonight. tonight i'm going to need your cameras, cellphones, anything you might have used to record what you did to her. you knocked on the wrong door tonight, pops. come here. 0k, ok, so that‘s the general gist? he does that a lot? a lot, and he's very good at it. he is 63, denzel washington, and i don‘t know why he does it. the central plot is to do with his cia... of course he is a former cia assassin working as a taxi driver. he comes out of retirement to help her and track down why she has been killed, and it goes right to the top, one of those conspiracies, except it doesn‘

support for this coalition and the uae statement came out confidently.igation is going through an internal mechanism. there's no metric for transparency. there's no metric for follow-up. all the reporting that we have done and human rights organizations has done has found in evidence of even any of what has been called for by this internal -- by previous internal investigations, things like reparations for civilians who lost family members. none of that has been followed through on. it's -- we come back to what we are hearing from the parents who lost their children. they are incredibly disheartened and they don't feel that the reality on the ground is going to change. >> it's very difficult for journalists to get the proper visa to be on the ground reporting this out as well. thank you for being on it. >>> britain's prime minister, our british leaders meeting this morning to discuss what police are calling a terrorist attack this morning outside of the house of parliament in london. police say a man drove -- in his 20s drove a ford through a group of cy

is the uae, demand for properties missing on second-quarter net income.rom the company's cfo. ♪

it's all the way from the uae.visitors to zip now are transported to ras al khaimah. it's billed as a world first, so we sent along rajan, who was there three years ago. it's very strange. i'm now in a completely different universe. three, two, one. whoa! and if you want to test it out, it is open until september 9. all right. it is like being on another planet. security lines at the airport can be one of the most frustrating parts of a trip. but things could be getting a lot easier with the new 3—d baggage scanners being trialled at heathrow and new york's jfk. with trials expected to last at least six more months it will be a while before they become commonplace. so for now now you'll just have to keep on waiting. and superhero fans, meet the real—life iron man, adventurer richard browning whose science fiction made reality jet suit has just gone on sale in the uk. with only nine suits available we ask if it is the future of travel. we started this journey, really, for the thrill of the challenge of doing somethi

if you are in london are some you can experience the well‘s longest zip line, all the way from the uae to zip now are transported to ruhs alkana, it is billed as a world first, so we sent along rajani was there three years ago. it is very strange. i now a completely different universe. ——i am now. very strange. i now a completely different universe. --i am now. and if you want to test it out, it is open until september nine. all right. it is like being on another planet. security lines at the airport can be one of the most frustrating part of a trip. but things could be getting a lot easier with the new 3—d baggage scanners being trialled at heathrow and yield was the gasquet. with ruhs expected to last at least six more months it will be awhile before they become commonplace. but by now you'lljust have to keep on waiting. —— the trials. superhero transmit the real—life iron man, richard browning has a science fiction made reality just it has just gone on sale in has a science fiction made reality just it hasjust gone on sale in uk. with only nine seats available we ask if it is the fu

. >> but the uae connection could expand mueller's information to concerns of additional foreign influenceaps the biggest question is what does miler have in store for trump? >> it will be the final element of this. >> will they demand a sit down interview with trump himself. >> i always want today do an interview because look there has been no collusion. >> for now, rudy giuliani says it is stis being discussed. >> i know he wants to, i advise against it. >>. >>> meanwhile, mike pence is blaming the obama administration for loose cyber security. liberty mutual saved us almost $800 when we switched our auto and home insurance. with liberty, we could afford a real babysitter instead of your brother. hey! oh, that's my robe. is it? when you switch to liberty mutual, you could save $782 on auto and home insurance. and still get great coverage for you and your family. call for a free quote today. you could save $782. liberty mutual insurance. liberty. liberty. liberty. liberty. ♪ if your adventure... ...keeps turning into unexpected bathroom trips... ...you may have overactive bladder, or oab.

no comment from the uae and other gulf countries. this is a united arab emirates oil port terminal.erminal has been developed to avoid iranians ability to shutdown the strait of hormuz. it bypasses the strait with a pipeline which passes 1.5 million barrels of oil a day. this is strategic. this is important and it has everyone worried and it is not clear at all at this time what with iran's real intent is other than some of the sanctions will begin to start biting next week. kaylee. >> nic, thank you. >>> secretary of state mike pompeo urging turkey to release american pastor andrew brunson. pompeo delivered that message in the meeting in singapore. after the meeting, the foreign minister said those threats are not productive. brunson is a pastor from north carolina who has been held for two years over alleged links to a failed coup. >>> tennessee could play a role in the senate in the fall. former governor bredesen and republican marsha blackburn won the primaries on tuesday. they will face-off in november in a hotly contested battle for the seat. this is a state president trump ca

he was trying to work with officials from the uae and saudi government as well as the trump tower meetingthe help of foreign actors and that's with the president is concerned about. >> bret: when you look at these two figures, the thought is that he's going to put the squeeze on them and end up with the golden egg. >> i don't think there's any question the democrats are going to move to impeach donald trump after the election, i don't think the facts matter. i think we already have enough to form the baseness of impeachment, i think every new fact would be something they add to it. we have between 50 and 60 house democrats saying they want to impeach the president, it's not going to take much after the midterm election for that number to get to 200. you still run into the senate where i can't imagine a scenario that mueller produces in his report unless it's trump's hotline to and vladimir every morning that would convince enough republicans to impeach. it's an academic conversation and it could end up rebounding to trump's advantage. >> there are people left out of this conversation. you

human rights council said that the governments of saudi arabia, yemen and the uae may have committedar crimes during their fight against the yemen rebels. last week, at least 50 people were killed when an air strike hit a bus full of children. south bay congressman ro khanna is among those calling for the u.s. to stop refueling military jets and providing intelligence for this coalition. >>> time now 6:40. a city on the peninsula is taking emergency action to deal with the affordable housing crisis. >> a blind rower goes from northern california to the hawaiian islands and makes history. we'll hear from him straight ahead. norah o'donnell joins us now from new york. good morning. ahead on cbs this e >>> time for a look at what's coming up later on "cbs this morning." norah o'donnell joins us now from new york. good morning. >> reporter: good morning to you, we begin with the eye- opener your world in 90 seconds. thousands are expected to honor senator john mccain as he lies in state at the arizona capital. hear from a former p.o.w. who shared a cell block in vietnam with the late sen

and since then, uae have been making contingency plans. the port on the gulf of oman is at the end of a massive pipeline begun a decade ago to bypass the strait of hormuz. >> it has always been considered as kind of natural hedge against any geopolitical risk that would take place. >> reporter: so a backup. >> a backup. >> reporter: in recent weeks, a war of words has been escalating between washington and tehran. iran's president warning a war with iran would be the mother of all wars. president trump firing back in all caps demanding an end to threats or else face serious consequences. then changing to this tactic. >> i believe in meeting. i would certainly meet with iran if they wanted to meet. i don't know if they're ready yet. they are having a hard time. >> reporter: the iranians not taking up the offer. so what is expected to happen in ir iran? pulling out of the nuclear deal begins monday, that will be when the first raft of sanctions become reimposed on iran. and that is undoubtedly and is already causing economic hardship there.

customers for more supplies if those requests come, and they will play their part alo alongside the uae, you could wait and alongside russia, they will work to ensure that supplies are increased to offset the impact of any falloff in iranian exports. >> on the demand side, can you give us a better idea what you are watching on the trade tensions between the u.s. and china? still a lot of uncertainty on how that will impact global growth and oil demand. do you think we already are going to see a significant impact or do these tensions have to escalate further? >> we think they have to escalate further we said in the report for the time being we left our growth numbers as far as demand is concerned unchanged in 2018. we did actually raise it very slightly for 2019. but that's on the assumption that we don't see significant supply shortfall, which would obviously raise prices and effect demand. also on the basis that trade disputes don't escalate. however we did quote in the report an observation from the international monetary fund which said that they had noted that the risks of a slowdo

so far, only norway and the uae are above that number. we get a good return on this. he can tell you how me friends america had just because of that program. i can give you other examples. as long as we are strong, people will always disagree with foreign policy decisions we make, but they need to know we are on their side. that is my advice. i think we should invest money, and one big problem we have got that all of you can correct, the average person thinks we spend 15% to 25% on foreign assistance and it is more like 1% of the budget and well under 1% of gdp. if everyone in america knew the facts, it would be easier to do good. ms. streett: thank you. our next -- pres. clinton: one last thing. [laughter] pres. clinton: real brief. you don't want to give the future to the country's good at aggregating capital, they are not democracies. china just built a railroad across the eastern half of africa. i am glad they did it, proud they did it. but do you really want to say, we are going to make everybody have a big military but not help anybody build their own future and

coalition unless the secretary of state repeatedly certifies that the government of saudi arabia and the uae are taking steps to end the civil war to address the humanitarian crisis and to reduce the risk to civilians. now, i'm sure many of us watched the aftermath of the horrific saudi bombing of the school bus in northern yemen that killed 51 people including 40 children. can you tell me how, if you are confirmed, that you'll approach making sure these certifications have been made and that the secretary of state and the department of state the does everything possible to try and get the saudis and the emirates to comply with reducing the crisis in yemen especially in view of the president's statement that he doesn't believe he needs to abide by this? >> well, i think that we have to approach the situation in yemen through several avenues. one is, obviously, to work with the saudis and the emirates so that their air forces and their militaries are using the very best practices to minimize civilian casualties. and we have a training program underway to work on that. >> and i'm familiar with

also met with saudi representatives and uae. new york times reported that in late may.there was a willingness to collude if it was not successful collusion, i don't think he should be giving interviews about that. i do think that president trump and i might be giving him a little credit here, too much credit, but he's not a lawyer but likes to play one on twitter sometimes. and he basically, i think, repeated the claim about what he admitted last year basically that, yeah, this is a political op po meeting. it's totally legal. then added he didn't know anything about it. michael cohen told us weeks ago he is willing to tell special counsel mueller that actually donald trump the candidate knew about the meeting in advance. if that's true, then that means that don jr. lied to congress and more legally exposed by that information. so i think the president is trying to get out there just tweeting about this out of the blue on the weekend to insist that he didn't know and therefore don jr. didn't lie to congress. >> we know an extraordinary amount now about what happened and

and russia, but the uae connection could expand mueller's investigation to concerns of additional foreigne in the 2016 election. nader has been cooperating with investigators. the big question is what if anything mueller has in store to president trump, including whether he obstructed justice. >> i think really that obstruction piece will be the final element of this and that what we're going to more likely see is, you know, sort of these dots in the center being connected. >> reporter: looming large is whether the special counsel will demand a sit-down interview with president trump himself. >> i've always wanted to do an interview because, look, there's been no collusion. >> reporter: for now, mr. trump's attorney, rudy giuliani, says any interview is still under negotiation. >> i think he shouldn't. i know how convinced he is that he didn't do anything wrong and wants to explain it, and i've seen other people get into trouble thinking that, innocent people. >> reporter: to be clear, none of the charges that manafort faces so far relate directly to russia's interference in the 2016 elec

because there are moves there to get out of supporting the saudi and uae attacks on yememen. >> to quicklypond to what your guest just said, doesn't really matter what the children were doing. they were children. they were in summer school. for the saudi happened led coalition to bombed a bus full of children is a war crime regardless of what the children were doing. to talk about really what the u.s. intervention in yeme e loos like, we know what it looks like. we know the devastation it has caused. yemen is falling and all of the services have been failing system 130,000 children died in 2016 and 2017 alone of starvation and preventable diseases such as cholera. what we need from the senate and from congress right now is to continue to push toward ending the u.s. involvement in yemen, given how much the saudis and ,miratis rely on u.s. support we know that cannot continue to wage war on yemen without extensive u.s. assistance. congress needs to act quickly to continue to introduce resolutions in the senate and and the housese to push the u.s. out of yemen. amy: i want to thank you both f

this is the uae. but it is u.s. backed in that munitions in that refueling and intelligence.. so this is an unfolding humanitarian crisis, and the united states is not dropping bombs, but it is helping the saudis with arms. it's helping the saudis with refueling. and it now appears it's helping the saudis target and pinpoint. i think that if the united states is going to be that directly involved in a humanitarian crisis, then the american people have a right to know exactly what's going on. >> seth: i agree with you, and i'm very glad that you asked that question. hopefully we get answers. my last question. obviously, we have justice cavanaugh -- might be justice cavanaugh. >> yeah. >> seth: he is trump's pick for the supreme court. >> i hope not. >> seth: it strikes me that maybe progressives are not making the same push to stop this that they had made to say stop the repeal of the affordable care act. do you think this is something that enough effort's being put behind, or do you think it's basically a done deal and he's going to be our next justice? >> so, you know, look,

saudi arabia and the uae said this attack was justified. the u.s.t. but as the war goes on, the consequences have been devastating. more than 10,000 people dead, mostly civilians. but it's the children, half of yemen's population, who bear the brunt of this war. matt bradley, nbc news. >> joining me from istanbul, borju. thank you for joining us. those images are awful. can you just tell us what are we doing in yemen? what's the u.s. doing in yemen? >> well, it was the arab spring and yemen fell into chaos, various factions started fighting each other. the houthis, which are aligned with iran, took over the capital. saudis and the emirates didn't like that so they wanted to fight the houthis, and the u.s. at that time, the obama administration, was trying to keep the saudis happy as it was putting together the iran deal so it reluctantly signed on for this adventure. at this point, it's just gotten worse and worse and worse. what was supposed to be an effort to get the houthis out of the capital of yemen that was supposed to take a few months has no

the finance ministers of saudi arabia, the uae and kuwait met with their counterpart yesterday and saidre countries were foritted to backing a rain stability and economic growth. italy's prime minister has said he will start the procedure to revoke the license of a highway operator in the fate of the -- in the wake of the fatal to know a bridge collapse. toll fromthe death the disaster has risen to 39. it's fear the number -- feared the number of italians will rise further. global news, 24 hours a day, on-air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. manus: juliette, thank you very much. is our guest host this morning. we started the show with this chart, china, the pmi and copper. butr was in a bear market today has changed that. copper becomes the fourth horsemen of the global metal apocalypse. do you think it is china that's driving the demolition on copper? sliding 4%, the most in three years yesterday. is that a fair call? probably is, if you look at the longer-term relationship between commodities an

apparently involved in some sort of complex operation to influence the white house on behalf of the uae and saudi arabia. all the best people. right? that got a little bit swamped but the "washington post" reported this past weekend elliott broidy is now the subject of an ongoing justice department investigation that is being run interestingly out of the public integrity section at the main justice department in washington, d.c. so all of these things or at least almost all of these things appear to have starred with the special counsel's investigation. the special counsel's office. but they've all been handed off. internet research agency, putin's chef, gru indictments, michael cohen prosecution, the case involving broidy, special counsel appears to have handed all of these off to other prosecutors to other u.s. attorneys. quick pop quiz. ready? what's the one open ongoing case at special counsel definitely has not handed off? i mean setting aside all the cases brought by mueller where people have already pled guilty and flipped and cooperated? all the cases they're prosecuting people

this is what the foreign minister of the uae said earlier today. they accept these criticisms? presumably not. they said they would examine them. they said they would examine them. they said legal teams will go through them. probably not. the report makes no mention of iran in any of its passages. they will probably criticise that. but they are vowing to respond. the houthi rebels on the other hand have already taken one point from the report and asserted that the airports and the capital should be opened for people who are injured in coalition air strikes to be treated. with reference to the humanitarian crisis, presumably it is as difficult as ever to get help to the people who need it. yes. and the situation is not helping either. both sides are face to face. to the south, the coalition and the government forces have been stationed there for the past month or so. they agreed to halt their advance on the city, on the port city. pending a un solution to the crisis. most of the aid that get sent to yemen now is going through there. let's go to detr

the uae is weathering the trade storm.xports rose further than forecast in july even as washington is set to slap duties with the second time in a month. and, chief executive officer bob iger is optimistic about absorbing the assets of fox. what it means for the bidding war for sky. ♪ anna: welcome to daybreak europe . manus: another day, another report. for the second quarter for this company was over 688 million euros, net interest income remained strong despite low interest rate environment. this is a bank in change, credit suisse. ubs could also be going for another change as well, deutsche bank, commerzbank. change is the name of the game. analysts are talking about costs cuts and savings, of around 80 million euros. that is the ambition, corporate and investment bank, risk-weighted asset reduction, 5 million euros, 80 million euros in costs. operating income, 2.9 million, beating the company's estimates of 2.1 billion. what are the changes that culprit is additional bank? or does it mean? what is happening with loan

the countries involved include pakistan, india, bangladesh and the uae.id javid also warned on twitter that he will be redoubling their efforts to make sure that those who force british people to forced marriages will pay for their crimes. police have launched a new appeal for information about the dissapearance of a midwife from stoke. samantha eastwood has not been seen since finishing her shift at the royal stoke university hospital last friday morning. staffordshire police say are treating the case as a ‘high risk missing person‘ inquiry and have appealed for dashcam footage from anyone driving around the stockton brook area last friday afternoon. the record—breaking hydroplane ‘bluebird' will take to the water for the first time in more than half a century this morning. the high speed boat arrived on the isle of bute for tests yesterday. in 1967, the bluebird crashed while travelling at more than 300 miles per hour on the lake district, killing the pilot donald campbell. a massive dust storm has passed through phoenix arizona, a thick cloud blanketed

two wrongs do not make a right the coalition consists of the uae and other countries as you said. fueling the flames come from britain and the u.s. bring a point at one country or one action. i was -- it was eliminating to listen to you, sir. india, andork on u.s. policies. i have worked in india for a very long time to my do research on indian issues. democracy andge it has always been compared with the u.s. as the oldest and one of the largest democracies in the world. one of the trans of the ultimate is where your -- where is your ultimate decision-making, who makes those decisions? so it will be in no less terms, it has huge resources and a large vast landmark. fewer people but it has substantially well-known, weld -- well recognized source of power. to understandng is in the decision-making process, what is the role of institutions, what is the role democracy, there are three basic wings, the have anure, and you administration which is independent of the legislature, and then you have a judiciary. the three most important parts of decision-making. age, the the new technology

saudi arabia and the uae said this attack was justified. the u.s.. more than 10,000 people dead, mostly civilians. but it's the children, half of yemen's population, who bear the brunt of this war. matt bradley, nbc news. >> so evelyn, as we look at those pictures, i want to read to you a tweet from united states senator chris murphy, the democrat from connecticut. he wrote yesterday after seeing this report, u.s. bombs, u.s. targeting, u.s. midair support, and we just bombed a school bus. he goes on to say we need to end this now. how involved is the united states here in yemen and how much responsibility should it hold? >> willie, i think first of all, excellent reporting. and the only thing i would add is that there's increasing starvation so that 18 million people don't have access to food and cholera. so the situation in yemen is very bad. it's been getting worse. we've been supporting them behind the scenes. we need to actually put -- use our pressure on the saudi government in the first instance, but uae and make sure that they bring this to

it consists of the uae and other countries. as you said, fueling the plane come from britain, from the usa. so we cannot just think a point at one country or one action. >> it was very illuminating to listen to you, sir. i have, i work on indian and u.s. policies. i worked in india for a very, very long time. i do research on indian issues. india is a large democracy, and it's always compared with u.s., the oldest policy when of the largest democracies in the world. one of the claims of the democracy is where does your ultimate decision-making of policy rest? who makes those decisions wax saudi arabia in no less terms can be classified a as a small country because it is huge resources. it has a large, vast landmark. it has fewer people but it has substantially well-known, well-recognized war power, so to speak. so what i'm trying to understand is, in the decision-making process, what is the role of institutions? what is the role of, for example, in a democracy there are three basic wings, so to speak, the legislature, and you h

the uae came back and went nuclear, scuttled with un security council.ntries may think twice before doing that. what about being able to pick a fight with canada after president trump has called mr. trudeau week -- weak? andrew: he's bringing in a lot of changes to saudi arabia. allowing women to drive, giving women more right. he's doing that in light of a super conservative and still very traditional -- for canada to take potshots at the side does not help them. he says back off internally, i'm doing things that my pace. if the emissary is gone from canada, who is allowed into canada? andrew: remember, saudi arabia is liberalizing. you get movie theaters, bowling, building a new city on the coast. this country is rebooting the economy. this is a country where everything is now open. view, canadian point of there is not much on the table now. it could be very costly. he did this with germany, they did it years ago with sweden. we come back and it starts undermining him and making his life really difficult. shery: how is this working with germany? andrew

that have been really concerning that i thought were going through on weapons to saudi arabia and the uae you have some holds on appointments and so on and so forth. congress needs to step up its game, but it needs to be helped by the public. and i don't think that can be be inconsistent. i think it could be worked into the policy. but i think the message of the policy is not one that promotes international responsibility, but instead one that promotes transactions and sales, not human rights. and that is very alarming. >> well, thank you. dak. >> andrew, thank you. obviously, can't thank you enough for the opportunity to be here today. and to my u.s. government colleagues here on the panel and also in the audience, want to thank you so much for all of your work on the conventional arms transfer policy. the association has been working on this particular item for a number of years now, and please understand that aia and its member companies as well as the 2.4 million aerospace workers across this country are appreciative of your efforts to date. i'd also like to call out ambassador kaidan

sales that have been concerning that i thought were going through on weapons to saudi arabia and the uae have some holds on apartments. congress needs to step up its game. it can beink inconsistent. a can be worked into the policy. the message of the policy is not one that promotes international responsibility, but promotes transaction and sales, not human rights. that is alarming. >> thank you. i cannot thank you enough for the opportunity to be here today. to my colleagues, i want to thank you for all of your work policy.n the transfer the aerospace industries association has been working on this item for years. andse understand aia defense workers across the country are appreciative for your efforts today. i'd like to call out about she has been a- partner with us for a number of years and her team has been absolutely outstanding. her presence on the panel should not go unnoticed. they have been at our call, very responsive to issues we bring to them. i want to thank you for that opportunity. i want to go through a couple of things. the strategic linkages andrew spoke about. then i wa

the uae is down. softbank getting hit. we have turkey. the lira at the top. rand, mexican peso also down. the turkish two-year yield, basis points rising 194. the on the sovereign front, cds market. at one point of friday, it was the highest since the financial crisis. now to look at what is happening with the lira in the yellow. in other emerging markets as well. the lira trading the worst currency now as opposed to the argentine peso. what is hitting hard is the south african rand. we have seen it plunged the most in 10 years. i want to show you this correlation function, really incredible on a day like today, when you can see how much the lira is trading at how much the euro. nejra: this is bloomberg. ♪ nejra: economic finance and politics, this is "bloomberg surveillance." let us check in on what is trending on tictoc in the bloomberg universe. champagne is bringing new diseases. prices have fallen for the fifth month in a row, the longest losing streak since the financial crisis. and our most read stories on the bloomberg terminal in third place, the sov