further investment and research into the field which is in a way has suffered from long years of underinvestment, so by a way, having these new risk factors, this may be industry p twoing drugs it makes it more attract i for them to do further rearming and develop new drugs. targeting those particular genes identified by studies like this. >> dozens of people have been evacuated from their homes over fears of a possible volcanic eruption, there has been a number of quakes and rock falls at night. proking officials to raise the alert. it is the most active volcano in the philippines. a magnitude earthquake. northeast of turkey, the death of 50-kilometers this was damaged in the landslide triggered by the quake. the first visit in almost three decades. china is building a $1.4 billion port project. dubbed maritime. the sea root would connect china with europe, she is visiting south asian nations this week to rally support for the project. the hollywood post democratic elections since the military sees. enjoys her job, and has recently got engaged, her future looks bright. with the election, she th

which has been very und underinvested over years. >> what markets? for the u.s. investor, the idea of putting money into a place like africa could be terrifying. >> frontier markets starting with investors try to diversify into a new asset class. markets like kuwait, ue. nigeria. they are volatile but as a region they are acting a as good diversifier. they have actually had a very good performance. and when emerging markets has been pretty much flat since 2013 u. the frontier market etf about 20%. we don't advocate to have a big reach into the markets. we're talking about 1 to 5% depending how much risk but clearly diversifies the portfolio. >> what is your favorite region with the most liquidity. i think the biggest issue is the lack of liquidity in these market asks that is why they are so volatile. so what is your favorite place than reasonable on liquidity. >> frontiers is an area that is very illiquid as you mention. that is why we don't talk about individual individual countries within frontiers. what we talk is a fund that has over a hundred names and a fi

this reflects the tragic underinvestment in the resurgence to tb in the last 20 years. >> thank you so much for being with us today. >> that is all for this special edition of the health show. but if you want more, you will find reports and useful links on our website, where you will also discover how to get in touch. >> next time, a pioneering new development in surgery. how surgeons can operate right inside of a beating heart. guiding instruments with millimeter precision with powerful magnets. >> it is a new way to correct irregular heartbeat and prevent strokes. goodbye. >> see you next time. w@?? >> today, on "earth focus," ocean challenges and solutions. as oil spills and acidification threaten marine life, the xprize ocean initiative stimulates innovation to protect one of our planet's most valuable resources. coming up on "earth focus." >> the flash of power. the gleam of oil. in the sky, the power of oil conquering the heights. on the sea, the might of petroleum, pulsing in great engines of the liners that traverse the deep. on land, oil feeds the fiery furnace or drives the d

the campaign would point to what they call underinvestment by the u.k.overnment and a lack of incentive to invest in north sea oil. we will talk about these more as we go through the program. ofs is one scottish version something we spend every day, a 10 pound no. i can use it. i can take it south of hadrian's wall. will this remain the case if there is a vote of independence? commerceish chamber of that while they are trying to the main impartial, questions around the pound are key to what it means for scottish business. >> looking forward to all of the news coming out of scotland in the next 48 hours. let's get inside for what it means for your money in the market. manish singh is still with us. the scotland question. i have been putting this question to a lot of people. independent of the vote we get a change in u.k. assets? >> not really. i would say that what it means, if they go independent, they are going to diversify themselves in scotland if they do it. theeduces the influence of united kingdom as a whole in terms of higher debt, higher expendit

i had the other day with josh brown, and that is there are portfolios out there that have been underinvested for some time. you're seeing a melt up in stocks because of that. >> that's exactly right. one of the things i've been saying all along is we're watching portfolio managers start to chase this market. we're starting to see it little by little. i think what we'll see over the course of the next couple months is a real run for returns. remember, what they're doing -- and you can't blame portfolio managers, really. they look at the yield and the tenure, they look at the yield in the 30 and it scares them. it keeps them out of the market and it's been one of the biggest problems that this market has faced and one of the reasons it's been one of the most underappreciated and disrespected rallies i've ever seen in my lifetime. so with all of that, it's contributing to a scenario that this could be a september to remember. >> all right, guys. appreciate it very much. back up to dominic chu for a market flash. >> sue, oil is continuing its fall in china and europe as well. you can see wti and

encourage further investment and research into the field which has suffered from long years of underinvestmentough having these clear genetic risk factors, this makes the industry developing drugs -- it makes the field more attractive to do further research and develop new drugs targeting those gene identified by studies like this. >> thank you so much. >> thank you >>> in the last decade a mysterious kidney disease has killed thousands across south america. most of those who die are laborers from sugar cane fields. >> reporter: 20 years ago, isabelle lost her husband to chronic kidney disease. then one by one four of our sons died from the same illness. in this sugar-producing region, the disease is so common and so deadly, that a nearby community is now down as the island of widows. >> translator: i missed them. they helped me through my life. but now they are gone. it's sad when you lose loved ones. >> reporter: over the past decade more than 20,000 central american laborers have died from chronic kidney disease. while in developed countries the disease affects older people, here in nicarag

so one thing that i think we have underinvested our energy in is the selection and training of teachers. you know, we have some fantastic teachers all over this country and the profession still is not treated like are acting like a real profession. one of the things i always heard was teaching is hard, teaching his face. the more time i spent in classrooms, the more i start to viscerally understand not. it is not hard like working at a soup kitchen is hard. it is hardly easy surgeon is hard, like being a judge is hard. it requires and the moment complicated dynamic changing and thinking that is extremely, extremely difficult to master. so we have right now 1400 education colleges of wildly varying quality scattered across the country. u.k. twice as many teachers says we need and we don't come for any real serious rigorous training and expectation among many of the students until they are in the classroom and sat in my not support a man or treating it like a real master profession in most places until -- never actually. that is something other countries have been through. i talk in the b

so, one thing that i think we have underinvested our energy is the selection and training of teachers. we have some fantastic teachers all over this country, and the profession still is not treated like, or acting like, real profession. one of the things i always heard was, oh, teaching is hard, and i always said those things. the more time i spend in classrooms, the more i start to viscerally understand that. it's not hard like working at a soup kitchen is hard. it's hard like being a surgeon is hard. like being a judge is hard. it requires in the moment, complicated dynamic changing and thinking that is extremely, extremely difficult to master. so, we have right now 1400 education colleges of wildly varying quality and selectivity scattered across the country, we have twice as many teachers as we need and don't confer rigorous training and expectations among many of the students until they're in the classroom, and then suddenly we're all, why can't you get it done? we're not supporting them or treating them like a real master profession in most places until very -- ever, actually. t

certainly been a hot topic as of late, and it's been a hot topic traditionally because retailers have underinvestedty systems given the compression of margins that they've seen over the last number of years. liz: i don't know if you heard bob earlier, he was on to talk about chrysler because he ran that company too, but he said, liz, we had one server in a basement until somebody woke up and said we've got to diversify, we've got to secure this thing. it cost a lot of money, but we did it. and that certainly got them through from 2000 til now. but, again, these companies, you're saying, respect investing? -- aren't investing? so if i'm an investor and i am looking to maybe add any company to my portfolio, how do i look at cybersecurity on the list of things that i want? because there's cash flow, oh, do you like the ceo, do you like the earnings per share? do you think they have good prospects going forward? where should cybersecurity be on that list? >> well, i certainly think it's an important element, and like any investment particularly in the public market, the investor is entitled to understa

they have been underinvested or underperformed.he bulls would argue and, art, you can weigh in, as well, the bulls argue that means they have to play catch up into the end of the year. >> the underperformance of the average hedge fund and the market is very wide. unusually wide a. number of notes out about that and subscribe to the idea but i think there's very interesting volatility around the russian rumor which is what it is right now. but i think something to this. the russians may be enacting a law to allow a seizure of foreign assets. europe is getting zero growth right now. they don't need to have this escalation go on. tipping them into negative growth and then recessions could be just enough and i think they reacted so negatively to even just reports that it could be true. >> what levels, art, do you think are key for this market and that the market needs to hold on the close today? >> well, you have taken out the 50-day moving average rather handily and i would guess somewhere around 1963 to 1967 is a band in there. if we

danced to this tune, but really we have a lot of bulls that are acting like bears, meaning they are underinvestedon thing about all of the stocks he mention -- they are all consumer stocks. >> the big brands -- it is all that matters. coming up, folks, we will look small startup company, howard lindzon loves it. "bloomberg surveillance." ♪ >> good morning, everyone. "bloomberg surveillance." with me, scarlet fu adam johnson, howard lindzon, ce founder of stocktwits. we go to cupertino, california later in the day. let's go to top headlines. ebola warning from the world health organization, the number of patients in liberia increasing accidental -- increasing at financially. from this1000 deaths latest outbreak. and a new report on the doomed malaysian airlines flight 317. the dutch team investigate the disaster say multiple from-energy objects outside the aircraft" likely took it down. and marriage village -- marin ci lic, were you there? the 25-year-old croatian easily defeating japan's key nishikori -- kei nishikori. scarlet, 6-3, 6-3, 6-3? he missed the 2013 term it due to a doping suspension,

but here's the fact we underinvest in infrastructure and basic scientific research.ne of the fundamental duties of the federal government is to invest in infrastructure investment and basic research for the interstate commerce and one of the main reasons that isn't happening right now is because washington has a bipartisan agreement about not telling the truth about the entitlement promising. it's true, guilty as charged i don't think the problem is that we tax too little. not in favor of the increases if i'm the only candidate in the race that believes the so be it. we do have problems that do not add up and we have 16 workers for retiree and we have 2.8. we need to do everything we can to make sure the seniors that we are going to protect those currently on social security are near the retirement age but we should be telling the truth that people my age and younger 42 about the fact we need to be calibrate. >> on china and the research development. >> we have too little so that we don't have to reform the anti-hamas programs on the infrastructure. >> thank you very

now, i would argue and i have often that republicans underinvest in human capital.hat that is the detriment of our campaigns. i hope everyone in 2016 that they want to spend more on staff. the challenge is that's easy to say until resources bottom finite. we made it through a primary. our model was going to every state down 8 points, send 2,000 points of television and win every state by ten points. it was rinse and repeat and we did it again and again. to the point that we had to probably cut back on staff. that worked fine when we were communicating with other people who had limited resources. that doesn't work against the president of the united states. when they have hundreds of millions of dollars it's not the greatest tool. you made it through the primary but we're looking up and seeing an incumbent. they weren't meant to make sympathy for us and i felt no sympathy for kerry. for us, we became the nominee and we had five months. you say, okay, we can undertake six major projects. what are those six and how will each one come to fruition. you have a curve where

we underinvest in infrastructure and basic scientific research.ne of the fundamental duties of the federal government is to invest in infrastructure investment in basic research for commerce and one of the main reasons that is not happening right now is because washington has a bipartisan agreement about not telling the truth about entitlement overpromising. it is true. guilty as charged. i don't think the problem washington as we taxed too little. if i'm the only candidate who believes that, so be it. i don't think we have an insufficient number taxes in washington. we do have promises of entitlement that don't matter. we have 16 workers per retiree. today we are too pointy. we need to do everything we can to make there to seniors who will protect those on social security or near the retirement age but we should be telling the truth people my age and younger. i'm 42, but the fact we need to recalibrate. >> moderator: focus on the question on china and r&d. >> i am for rad. we have too little. the reason is we have a washington trying to pretend w

there's a lot of money managers underinvested.how many people have you heard saying when we go down 5%, i'm getting in. andite not happening at all. it is kind of interesting to me that actually i think this has been a rally where a lot of retail traders have been involved. maybe more son that some of the professionals. a lot of the professionals i think are overweighted in fixed income. everyone has been waiting for this other shoe to fall so to speak and it just hasn't happened. >> and the markets always move when you don't know why. watching it for 25 years or whatever and you find out maybe later, but this market even more makes me think that the fed -- that as long as they're just -- you know, the last three or four years, it hasn't been really based on underlying fundamentals as much as maybe even previous moves. the money keeps flowing. the qe keeps happening. rates stay at zero and there's nowhere else to go. so stocks just kind of -- it's just like money finds its way into the market, it seems like. >> that's true. but yo