four hours will only have given greater weight to those warnings are a force that al-jazeera westerners. canada has confirmed a second of its citizens has been detained in china with beijing saying he is suspected of in danger in their national security archive spot or is a chinese based businessmen who organizes trips to north korea including former basketball star dennis rodman's meetings with kim jong un former canadian diplomat michael couric was also detained on a visit to beijing on monday relations between the nations have been strained since the arrest of our executive main one show in canada twelve days ago sri lanka's supreme court has ruled that the president's order to dissolve parliament and hold new elections was unconstitutional the judgment was the first time the judiciary has ruled against an executive president in sri lanka the country descend into a political crisis when serious cena sacked his prime minister run away from a singer who in another blow to the president won a confidence vote on wednesday enough and his reports from colombia. allowed to wind up outside the court

the other place we could be looking is a western canada selects.traded as much as a $50 per barrel differential this year. that's an indication that they don't have enough infrastructure to move all of that oil to market. that differential has narrowed substantially because the albertans have decided they are going to cut production. those will be two key places to look at for the coming year in terms of how output is coming along. >> thanks very much indeed. losses piling up. bank of america says credit quality is the best in decades. not bring about a collapse in bonds which are down the most in almost a decade. arguing that investors could call it. let's bring in bloomberg mollie smith. why is he so confident? >> he's really looking at the fundamentals. we are talking about companies that have borrowed a lot over the last decade. there's no other way to say that, they have been taking advantage of low interest rates and have produced record after record year of issuance. when we are looking at the fundamentals of these companies, they are still

but it is a delight to hear that you are making this strong outreach to new zealand, western canada, the other u.s. cities. i am assuming portland and seattle have been

but it is a delight to hear that you are making this strong outreach to new zealand, western canada, the other u.s. cities. i am assuming portland and seattle have been among the u.s. cities you had outreach to? >> yes, we looked at the entire package, the west coast from seattle to san diego. >> okay. just for my layman's understanding of things. it would seem to me that japan, in particular, has been dealing with this and building up expertise, especially for high rise vulnerability. have you been successful in developing relations there as well? >> yes. through my practice, we contacted the engineers in japan. and naturally some of the conversations are the shoreline. i think th-- >> thank you very much. commissioner? >> thank you. thank you all for this very important work. i am interested in the notice that was recommended. i think it is really important and i hope that we prioritize it and provide what support you need for doing that. it is significant as we know from just recent experience to sort of figure out the geotechnical aspect of what is going on in addition to the dev

raising your family in western canada. he was very successful in business.ere these american politicians, they have to move all over the country, live out of a suit case for 13, 14 months out of the year. what gives you the feeling that this is the job you want to pursue? he said because you feel as if you have the ability to change history. and that's why you do it. i believed his answer then. i believe it now. he felt it. i just wonder about the bush family, too. you think about 41 and the influence that his father had on him as a u.s. senator. and so now 41 comes along and runs for senate. loses. runs for congress and wins. then throughout the 1970s, many of the elevations he had were appointments by presidents. u.s. envoy to china. that's a big deal, chris. u.s. ambassador to the united nations. that's a big deal. then he set his sights on the white house, unsuccessful at first. served eight years with ronald reagan. >> dana: i see where this is going. >> bill: eventually was the president himself. then you think about, what was it in him that -- how did

changes will drive up demand for diesel,/demand for high sulfur fuel oil, which is some of what western canadas. the cost of crude acquisition that the refiners will have to pay will be a lot less than what they will be able to charge in the markets for their refined products. to that point, you want a lot of diesel but not a lot of gasoline, but when you make diesel, you make gasoline. what kind of refiners will feel the squeeze the most? we are already seeing refiners in europe rollover, including in asia. stewart: a lot of the u.s. refiners are complex, at the throughre able to drive the middle and cut some of their gasoline production. diesel inventories right now are below the bottom of the five-year range. inventories are a little higher than average. names like holly frontier, marathon petroleum, valero , all of themips 66 will be driving improved margins, improved earnings results in 2019. given they are trading at a discount to their historical fort averages -- forward averages, they are interesting oil bets. if you are going to go more defensive or get into value, you would think thi

rain event that meanwhile towards the west we've already got lots of wet weather for the western parts of canada and yet more is expected as we head through the next couple of days before the towards the south and there's a good deal of cloud for many of us across the central america is a one or two showers but nothing too particularly heavy except taya just the tail end of what's going on over the u.s. that will be just grazing the attempt an inch or so we will see a few outbreaks of heavy rain here who also seen a lot of wet weather over parts a year ago i recently as well thanks to this huge system here also being with us over parts of argentina to notice a lot of heavy downpours and over twenty thousand people in your required lost power in this storm that system is working its way eastwards though it should have cleared by the time we get to friday. day one of a new era in television news we badly need at this moment and this encampment that we're in today it didn't exist three weeks ago now there's at least twenty thousand or hinder refugees who live here. i gotta commend you all all i'm h

rain event that meanwhile towards the west we've already got lots of wet weather for the western parts of canada and yet more is expected as we head through the next couple of days before the towards the south and there's a good deal of cloud for many of us across the central america is the one or two showers but nothing too particularly heavy except here just the tail end of what's going on over the u.s. that will be just graze in the uk a temp an inch or so we will see a few outbreaks of heavy rain here we're also seeing a lot of wet weather over parts a year ago i recently as well thanks to this huge system here also being with us over parts of argentina to notice a lot of heavy downpours and over twenty thousand people in your required lost power in this storm that system is working its way eastwards though it should have cleared by the time we get to friday. the role. there's nowhere to hide is the easiest way to solve this to allow u.n. observers who you invited into the country earlier this year to finish the job i haven't said it's a right wing conspiracy or anybody's conspiracy straight

you need to do way road trip in the spring up to western canada. it isat a mess that is remarkable.pher: that gets to his point is when they can figure out how to get that oil out, there is another was war. it is going to be the countries with the most technology and not opec. tom: brilliantly said. i can see a foreign affairs issue, all canada, it could be an issue next year. gideon: let's take their banking system before we take their resources. tom: grisanti and rose with us. later this morning, cory gardner will join in the 7:00 hour, a spirited discussion, the unique demographics and politics. this is "bloomberg." ♪ frombloomberg surveillance london, from new york, we welcome you. how about a chart which goes to the druckenmiller essay? thes almost my chart of year, twin deficits, the long-term disinflation of the real rate, here is the trump election and we are barely up to a real inflation-adjusted fed funds target. nti with us.grisa the hawks want to raise rates just to raise rates. christopher: i would not say just because. the economy is like a steamship that has a lot of

will be some snow coming in across the rockies and that also continues upper to where that western side of canada meanwhile in the caribbean is largely fine and dry we have got one or two showers just around the western side of the caribbean but for the most part is because if you showers just around the correct your cost to recreate for the next couple of days but looking at by a large fair weather cloud rolling in perhaps one or two showers just coming into the leeward islands as we go on through sunday for the west is five and try to make a we'll see temperatures in kingston getting up to thirty one degrees. the marshall islands holds a toxic legacy from years of u.s. military nuclear testing. as the sea levels rise one on one east investigates the threats this followed posers on al-jazeera. more with more diversity the new u.s. congress what it needs for the first time on january third will what it means for the democrats and for president joining us for coverage of this historic shift in american politics the news. on all things here. welcome back you're watching our time to recap the headli

the curvature of the earth, the western u.s., canada, even mexico. on earth. >> it is beautiful. just been to space. it's ridiculous. >> reporter: richard branson's victory comes four years after virgin pilot michael alsbury died. branson hopes to fly within six months and start carrying customers who have already signed up, including leonardo dicaprio, justin bieber and tom hanks. >> there's thousands and thousands of people watching this program that if we can get the price down to a level where they could afford it, that they would absolutely love to go up on virgin galactic. >> reporter: branson is not alone. a new space race all about tourism is heating up. >> i'd like to introduce the first paying customer. >> reporter: elon musk's spacex recently announced a japanese billionaire tourist has signed up to eventually fly around the moon. fellow billionaire, jeff bezos, amazon's founder, plans a man test flight of his blue origin rocket sometime in 2019. >> that was tom costello reporting for us. a ride on bezos' rocket will cost $200,000. it's $2

northern edge as well for the western parts is worth a mention here as well because in the western parts of canada as the incredibly west over the past few days more wet weather expected here as we head through the next few days as well now here's that system that was over the southeastern parts of the u.s. you can see it stretching down a bit further south too and it's going to bring some wet weather for honduras there as we head through saturday and some showers a little bit further towards the south as well not system still with us as we head through sunday to the north of it it's a bit cooler than it has been the southeast documents and hot every head down towards south america we can see plenty of showers with us but that very heavy outbreak of rain that we've seen over parts a year ago i and argentina has now eased a little bit so a little bit bright to have it still plenty of showers for the north stretching from the north east towards the west. the war on drugs in the philippines is pushing jails to breaking point a record number of inmates languish behind bars for years awaiting trial one

hello again a welcome back well on the western coast united states as well as western coast of canada we've been seeing some very windy stormy conditions all so she with these systems coming and off the pacific now over the next few days we're going to see back to back storms so a storm a break another storm for much of that area and that means it is going to be very stormy along the coast winds are going to be a problem as well as snow in the higher elevations well as can be seen some rain coming into play as we go towards thursday down towards the south los angeles going to be twenty four but there across the southeast we're going to see another storm that is going to start to develop so by the end of the week a lot of heavy winds and rain making their way up towards the eastern seaboard across much of the caribbean we are looking quite fine right now down towards the south a few showers but we do have this one follow boundary that's passing through parts of cuba that has brought some showers of the last couple of days we do think the rain is going to continue across much of the yuc

with other industrialized nations canada or western europe we lock up our citizens at five to ten times the rate of those other nations it's not that we have five or ten times the rate of crime of those other nations but we have consciously chosen to have a much more unity to broach to then other comparable nations that have announced it was only seen as a cursory. seems to me though i. got a job. and. a lot of. parents. as either a child. of the child tax credit or american children. are going to. be conditional and. loving and. just because. i'm ours. bred jellicoe i want to six thirty seven zero six my first encounter of the of the prison systems are pretty young. lifestyle drugs you know starling the thing with me was i got out february i think it was two thousand and twelve within three months i got out they mccourt fives boehm arrest to sion paid. child support paid everything i was that's. i start my own business i got a vehicle had tags had a license and. in october that year i decided smokes weed and i thought the worst case scenario if i go to probation offices i have to go to

canada among western countries is one that has continued to work with huawei despite many security experts let's get some of the day's other news. angela merkel‘s protege annegret kramp—karrenbauer has been elected the new leader of germany's governing christian democrats. the 56—year—old, who's known as akk, won the most support in two rounds of voting by party delegates in hamburg. mrs merkel will remain german chancellor for now although she has signalled her desire to stay in post until the end of her fourth term in 2021. be a us court has found a white supremacist guilty of murdering a woman when he drove his car into a crowd of anti—fascist demonstrators in charlottesville, virginia last year. a jury took less than a day to convictjames fields on all ten charges he faced, including killing heather heyer in august, 2017. before the attack, james fields had taken part in a so—called ‘unite the right‘ rally of white extremists, which police broke up after declaring it unlawful. the chief executive of the international fashion chain ted baker — ray kelvin — is to take a voluntary leave o

canada among western countries is one that has continued to work with huawei despite many security experts new zealand... 0h, in the uk, the us, new zealand... oh, it looks like we might have lost but that the oh... that looks like we are having a little bit of trouble with the lion in vancouver. joanna, can you hear me? ijust want to continue the discussion around china's point of view in this. yes, i... it looks like we've lost her. a bit more about that huawei case in canada later on in the programme. let's get some of the day's other news. a us court has found a white supremacist guilty of murdering a woman when he drove his car into a crowd of anti—fascist demonstrators in cha rlottesville, virginia last year. a jury took less than a day to convictjames fields on all ten charges he faced, including killing heather heyer in august, 2017. before the attack, james fields had taken part in a so—called unite the right rally of white extremists, which police broke up after declaring it unlawful. the chief executive of the international fashion chain ted baker — ray kelvin — is to take a vol

if you hamstring the developed world, the united states, canada, western europe, that's going to moveover to china and places without that. there is peer reviews showing the admissions for decades to come will go up. even if that's your goal -- b when what's interesting is conservatives on this >> laura: they don't sell their points well so kids come home from school, they are frightened to death that is all coming down. there is a really interesting moment, a 15 year old swedish young woman made a very impassioned speech. let's watch. >> our civilization is being sacrificed for the opportunity of a very small number of people to continue making an enormous amounts of money. our biosphere is being sacrificed so that rich people in countries like mine can live in luxury. >> laura: the conservative argument, that's pretty... for most people watching that... >> it's sad. she led a school strike in sweden, spreading across the world of kids protesting for government action on climate that what she is not realizing is government action on climate is the worst thing you can do to the develo

will be some snow coming in across the rockies and that also continues upper to where that western side of canada meanwhile in the caribbean is largely fine and dry we have got one or two showers just around the western side of the caribbean but for the my spot is because if you showers just around the correct your cost to recreate for the next couple of days but looking at by a large fair weather cloud rolling in perhaps one or two showers just coming into the leeward islands as we go on through sunday for the west is fine and dry jamaica will see temperatures in kingston getting up to thirty one degrees. it may be every week a new cycle brings a series of breaking stories. as we turn the cameras on the media and focus on how they report on the stories that matter the most on al-jazeera. when the news breaks on the story that's when people need to be heard and the story needs to be told. with exclusive interviews and in-depth reports. al-jazeera has teens on the ground to bring you more award winning documentaries. and lightnings. short films of hope and inspiration. a series of short stories th

the urvature of the eart western u.s., canada, even mexico. then a perfect landing back on earth. >> isn't hee beautiful? she has just been to space, which is richard branson's victory comes four years after vigen pilot michael os bury died in a similar test flight. investigators blamed pilot error. branson hopes to fly in six months and then start carrying the customers who already signed up, including lee harvonardo di, justin bieber, and tom hanks. >> if we can get the price down to a l where they could afford it, that they would absolutely love to go up on virgin galactic. >> reporter: brans son is not alone. a new space race about tourism is hting up. >> i would like to introduce the first paying customer. >> reporter:lomusk's spacex announced a japanese billionaire tourist has signed up to fly around the moon. jeff bezos, amazon's founder, plans a manned test flight of his blue origin rocket sometime in 2019. >> is there room for any more? can you sll sign up? >> are you interested? branson tells me they stopped signing people upnce they

canada's actually, among western countries, is one that has continued to work with huawei despite manyagainst this. some breaking news to bring you. in the last hour, police in new zealand have confirmed that the disappearance of british backpacker is now being treated as murder and they are currently interviewing a man in connection with her killing. 22—year—old grace millane was last seen in a hotel in the city of auckland a week ago. the police say they are talking to a 26—year—old man whom they identified as a person of interest on friday. they are also examining a vehicle. however, detective inspector scott baird told journalists that police have not yet found grace's body. sadly, the evidence we have gathered to this point of the enquiry has established that this is a homicide. grace's family have been advised of this development and they are devastated. the man is still being spoken to at this point. obviously this means that we are treating grace's disappearance as a homicide investigation. we still do not know where grace is. we are determined to find her and return her to her

hello again a welcome back well on the western coast united states as well as western coast of canadawe've been seeing some very windy stormy conditions all so she with these systems coming and off the pacific now over the next few days we're going to see back to back storms so a storm a break another storm for much of that area and that means it is going to be very stormy along the coast winds are going to be a problem as well as snow in the higher elevations well as can be seen some rain coming into play as we go towards thursday down towards the south los angeles going to be twenty four but there across the southeast we're going to see another storm that is going to start to develop so by the end of the week a lot of heavy winds and rain making their way up towards the eastern seaboard across much of the caribbean we are looking quite fine right now down towards the south a few showers but we do have this one follow boundary that's passing through parts of cuba that has brought some showers of the last couple of days we do think the rain is going to continue across much of the yuca

hello again a welcome back well on the western coast united states as well as western coast of canada we've been seeing some very windy stormy conditions all social with these systems coming and off the pacific now over the next few days we're going to see back to back storms so a storm a break another storm for much of that area and that means it is going to be very stormy along the coast winds are going to be a problem as well as snow in the higher elevations well as can be seen some rain coming into play as we go towards thursday down towards the south los angeles going to be twenty four but down across the southeast we're going to see another storm that is going to start to develop so by the end of the week a lot of heavy winds and rain making their way up towards the eastern seaboard across much of the caribbean we are looking quite fine right now down towards the south a few showers but we do have this one from a boundary that's passing through parts of cuba that has brought some showers of the last couple of days we do think the rain is going to continue across much of the yuca

the curvature of the earth, the western u.s., canada, even mexico. then a perfect landing back on earth. >> isn't she beautiful? she's just been to space, which is ridiculous. >> the victory comes four years after virgin pilot died in a similar test flight. investigators blamed pilot error. now he says he hopes to fly within six months, then start carrying the customers who have already signed up, including leonardo dicaprio and justin bieber. >> they would love to go up on virgin. >> a new space race all about tourism is heating up. >> i'd like to introduce the first paying customer. >> elon musk recently announced a japanese billionaire tourist signed up to eventually fly around the moon. bellow billionaire, amazon's founder, plans a man test flight. >> 700 signed up for that ride. is there room for more? >> are you interested? >> yeah. >> so branson tells me they stopped signing people up once they hit 700, but they expect to open up the waiting list again. this is really reserved for the rich. the current price $250,000. that price will go up bef

-- te can get hurt you might be the big winner in that >> we have tremendous -- you look at canada, the westernselect, and we have tremendous pipeline space to bring that crude into our mid con. we take it to gariville and gel ves ton bay refineries the same thing from the permian. as you know, we are looking at new big pipelines to take the permian crude to our galveston bay refinery and to western texas export facilities. >> you have a lot of different places you have a mexican strategy. you also -- a gigantic store - >> we do with this combination of speedway and taking over the endeavor, we will have 4,000 speedways coast to coast we are going to sell the speedway and marathon brand about 16 billion gallons per year we will have tremendous exposure all the way to the consumer. that's where we really believe our integrated model makes a difference in the marketplace. >> you have a 2019 business plan where you say west texas intermediate $54 how did you arrive at that two, what do the opec means mean to that pris >> we looked at the forecast for coming year of 2019. we look at many different

. >> germany and canada, and on the other hand, other western powers, is something that has come up through this. >> this took away any shred of a ,otion the liberal democracies france and the u.s., especially the u.s., are anyway morally superior to these dictatorships. does not matter if he killed jamal khashoggi. ofhave $110 billion worth arms sales to saudi arabia. forget it. our son of a bitch can commit murder and we don't care because he is our son of a bitch. arabia, like saudi israel, and the u.s. were spoiling for a fight with iran. sort of world war iii. it was shaping up a dangerous situation. the murder of jamal khashoggi has left that possibility. the u.s. senate is turning against saudi arabia. that is a war powers act trump would not have authorization to attack iran. i do not think it is excluded, but the possibility has lessened. we should ask -- how did the west get it so wrong? we love reformers. he let women drive. cinemas. he cracked down on the religious police. a reporter for the new york arab springd about in saudi arabia and we fell into this trap until he started

this has nothing to do with the fact that the western world, europe, the u.s., canada, japan, will face all the demographic projections are crystal clear. very serious labor shortages in the decades to come. and, therefore, it's in their interest -- this is not a question of burden, this is a question of self-interest. a lot of western countries, a lot of others will have to import a workforce, a labor force. the sooner we get in place cooperative arrangements for matching the labor market supply and demand, train the appropriate people in developing countries, whether it's in agriculture sector, in the care industry, in manufacturing, to meet what are going -- what are today and will be the demands for skilled and unskilled workers in the western world. that's what migration is about. so to talk about how much we can share of the burden, frankly, misses the mark altogether. the a lot of my fwrags is a self-interested economic motor for development and prosperity. >> as you said yourself 2017 was the year political rhetoric concerning this issue became particularly nasty and you said le

earlier this month there were 15 western ambassadors in beijing, spearheaded by canada, they reportedly sent a letter to the communist party chief seeking a meeting and expressing concern regarding crackdowns. no one thought the meeting was going to happen per se, but i'm curious, why didn't the u.s. sign on to that letter? ms. stone: we agree with you completely. thank you very much for the question and the clear statement of support for the u.s. speaking out strongly on the human rights conditions in china. the specific letter, sometimes the countries involved are like-minded partners, and we may or may not join any particular measure coming out of the embassies in beijing. to assure you we are working consistently with those like-minded partners to do real action. we have many more tools and a lot more spying, -- a lot more spine to take action. when theybio: actually do something, we can't even sign up on to a letter? i don't know if this was made here in washington dc or by the ambassador, but it was a big mistake. you mentioned chinese security services are harassing uighurs abroa

concern when we don't join them, as an example, earlier this month there were 15 western ambassadors in beijing spearheaded by canada and reportedly sent a letter to the communist party chief who is seeking a meeting and expressing deep concern regarding the growing crackdown, no one thought that would happen per se. i am curious, why didn't the u.s. sign onto the letter? >> we agree with you completely. thank you very much for the question and the clear statement of support for the u.s. speaking out strongly. on the human rights conditions in china and also the conditions in --. the specific letter, sometimes the countries involved are like- minded partners and we may or may not join on any kind of particular measure that is coming out of the embassies in beijing. i want to assure you that we are working consistently with those like-minded partners to do real action and we have many more tools and a lot more spine to be able to able to take real action. >> i want to make the point, if we are complaining about how these are not doing enough, when they do something we can't sign onto a letter, i don't know if that wa

as an example, there were 15 western ambassadors in beijing spearheaded by canada. they reportedly sent a letter to the xi jinping communist party chief. he's seeking a meeting and expressing deep concern regarding the growing crackdown. i'm curious, why didn't the u.s. sign onto that letter, do you know? >> umm, so we agree with you completely. thank you very much for the question and the clear statement of support for the u.s. speaking out strongly on the human rights conditions in china and also the commissions there. the specific letter, sometimes the countries involved, they are like-minded partners, and we may or may not join on any kind of particular maesh they areeasureg out of the embassies in beijing. but we are working consistently with those like-minded partners to do real action. we have many more tools, and we also have a lot more signs sometimes to take real action. >> i'm running out of time. if we're here complaining on the one hand how these countries aren't doing enough, when they do something, we can't sign on to a leter? i don't know if that dec

extradition case against a top chinese executive if it helps avoid western relations with china and then days after her arrest in canada than one joe technologies agreed to a bail bond of more than seven million dollars she also surrendered a possible and is wearing an electronic monitoring tag she faces extradition to the u.s. where she is accused of violating sanctions on iran reynolds with more from vancouver . what way executive mung one joe was allowed to go free with the stringent set of conditions among other restrictions imposed by the canadian court she will have to wear an electronic monitoring bracelet stay under close observation by a private security firm and she is forbidden to travel outside of vancouver the canadian government argued unsuccessfully that monks vast wealth and lack of ties to canada made her a flight risk u.s. authorities want mung to face charges of fraud in connection with a scheme to have while away secretly do business with iran in violation of u.s. sanctions the u.s. has until january the eighth to file a formal extradition request but the reuters news agency reports u.s. president d