austerity measures king abdullah has appointed a former world bank economist as his replacement rescue is in guatemala all searching for survivors after a volcanic eruption on sunday killed at least thirty three people is the most violent eruption of the four hugo volcano more than forty years and there's been outrage in the u.s. after president donald trump tweeted this he has the rights to pardon himself from the investigation into alleged russian meddling in the twenty sixth election. israeli prime minister benjamin netanyahu says iran must be prevented from developing a nuclear weapon he's been meeting german chancellor angela merkel in that and you know who warned against allowing iran to expand it since the ones in the middle east and that the nation is a threat to the world dominate cain has more from berlin. when german and israeli heads of government meet there are always expressions of deep friendliness of the importance of the relationship between their two countries given the historical legacy the point also to make is amongst the expressions of friendliness there are diffe

the asia infrastructure investment bank, which has been dubbed china's version of the world bank, is g its third annual meeting in mumbai. spurred by the us and japan, it will include representatives from the bank's 86 members, including india's prime minister narendra modi. instance, do you know which country is the largest shareholder after china? well, country is the largest shareholder after china 7 well, it country is the largest shareholder after china? well, it is india. and did you know who are the biggest recipient of loans from aiib? again, it is india, receiving $4.4 billion of investments to date. this may be surprising to most, when india has in the past balked at china's ioi road programme. wait, we will aim to bring you that report very shortly. i believe we have, there you go. india's prime minister will be heading from delhi, that is the nation's capital, to the financial capital mumbai to make a speech at the asian infrastructure investment bank, the region's newest and most popularfunding bank, the region's newest and most popular funding body. it bank, the region's

as forthcoming as it used to be so what do you do i mean this is the dilemma and its political world bank experience is not going to solve this issue so as you say we know that countries like the us saudi arabia the u.a.e. have given jordan financial help in the past will they continue to give money and who's likely to help jordan now. i think they might have to change their mind as you well know it was a package from the gulf states of about three point nine billion dollars annually combination from different states that went to jordan that has stopped about sixteen months ago and that's part of a main significant part of this crisis the same thing applies to the us the us stepped up its aid to jordan because of the syrian war and the role of jordan in that war and the refugees that are present in jordan and more than one billion in foreign aid came from washington and that's that's not guaranteed for the month term so therefore jordan is facing some serious difficulties if these dissipated let's say or already implemented cuts are not reversed there is no other income other than interna

the asian infrastructure investment bank, which has been dubbed china's version of the world bank is meeting in mumbai. spurned by the us and japan, it will include representatives from the bank's 86 members, including india's prime minister narendra modi. india's commitment to the aiib is huge. for instance, do you know which country is the largest shareholder of the aiib after china? it's india. this and do you know who are the biggest recipients of loans from aiib? —— and do you know who are the biggest recipients of loans from aiib? is again, it's india receiving us $4.4 billion in investments to date. this may be surprising to most, when india has in the past balked at china's 0ne belt, 0ne road investments. what are we expecting from the meeting? well, a few moments are now, the indian prime minister will be addressing the gathering and it isa be addressing the gathering and it is a huge task for him because he is seeking an additional $2 billion of funding, and while india has the second—largest shareholding in the asian infrastructure investment bank, there are political tensi

we are not that good at analyzing it but the world bank is. we put together a cool new joint data center that will be available to others to strengthen the network. to strengthen protections, these are people in need of protection. this is no longer just an ability for individual countries or bilateral programs , like the state department. or the un to help tackle. we look at things like the world bank, like the private sector. and the compact really is putting that all together in a new format. we experimented on team small regional complex that are working successfully. we took the horn of africa where again uganda is playing a role. all these partnerships are already coming together and making a difference. in central america where we have a regional compact with the -- again another place where we can help keep people stay home and they want to stay home. we want to be there in a better and safer life. i mentioned the world bank, another area where there's a lot of opportunity, both large refugee settlement, -- host countries li ugan and o

iniethe world bank has issued a stark warning about the attentional fallout. of the potential follow-up. -- he world bank is issued a low- -- fat.g about the >> it sets back other economies. >> the g7 summit began as a platform based on trust to hash out differences for the grace of good, but that trust is in question. what is look at happening in the markets. european shares up generally. subside as that foot of confidence in its gomend parliamene the italian markets upoday but ilelis unlded. ftse up. a slow start of the day today. an hour late starting trading. they may have slept agenie: the world cup is around the corner. we're going to talk about the big five football leagues in europe that and record revenues last year. they said the european football market is now worth some 25 billion euros a year. lasteason re turning point for the club is turnedlish premier . an income of over 5 billion euros a year, 86% more than the next most profitable l which is just under 3 billion a year. the rest of the top five is italy, andgermany, france. germany's bundesli

we've partnered up with world bank. because we're on the front lines we can collect that kind of information. we're not that good at analyzing it, but the world bank really is. we've put together a data center that will be available to others totrengthen networks and catalysts, to strengthen protections. these are people in need of protection. and to expand our partnerships. we look at things like the world bank, like the private sector. the compact really is putting that all together in a new format. we've already experimented, if you will, on two small regional compacts that are extremely successful. we've got the horn of africa where uganda is playing an important role where all of these partnerships are already coming together and making a difference. and in central america, where we have a regional compact. it is another place where we can help -- people want to stay home and we want to help keep them at home in a better and safer life. i mentioned the world bank engagement. there's a large refugee -- offering bill

the world bank is. we put together a joint data center that will be able to available -- that will be available to others. these are people that need protections and to expand our partnership. this is no longer just an ability for individual countries or bilateral programs like the state department and usaid to tackle. we look at things like the world bank, the private sector, and the compact is putting that all together in a new format. onhave already experimented two small regional compacts that are working successfully. we have the horn of africa, uganda is playing an important role, but a number of other countries. these partnerships are already coming together and making a difference. in central america we have a regional compact which we use the spanish -- another place where we can help -- people want to say home and help keep them at home in a better and safer life. i mention the world bank. there is another area where there is a lot of opportunities. there is a large refugee sub window -- offer

a former world bank economist and the previous education minister to take over as prime minister but it's not clear if these changes will be enough to calm the rest. is there. rescuers in guatemala are searching for survivors after sunday's volcanic eruption that killed at least thirty three people emergency crews are working to find people who have been trapped in their homes at least one village has been buried in love and thousands of people have been forced to evacuate is the most violent eruption of the four a go volcano in more than forty years and the dust cloud is now threatening the capital guatemala city just thirty kilometers away david mercer has more from guatemala city. well rescue operations in water more have been continuing since first light they were suspended last night because of containing volcanic activity and threat of rain now the skies over guatemala for this part of one of them are quite clear right now there's not a lot of smoke coming from the vault and there hasn't been any rain and this is good news for rescuers they're going to be trying to get to the t

king abdullah has appointed a former world bank economist as his replacement the i.m.f. insisted jordan raise taxes and cut bread subsidies in exchange for a loan rescuers in guatemala searching for survivors after sunday's full chemical eruption guatemala's national forensic sciences institute says at least sixty two people have died but the country's disaster agency says two million people have been affected by the massive explosion it's the most violent eruption of the volcano in more than forty years it is really. being. the middle of the rainy season here everything is lush and green and yet they're on the ropes for the for you ok don't think it's action all right the great thing is our. way to the through their eyes because we're going to differ on that there's a lot of right now trying to get a clear to allow some of the markets to be of course to get a little bit closer to the epicenter of the sly. there's been i wage in the us over a tweet from domo to the us president posted he has a right to pardon himself from any charges arising from the investigation into a

securities from these banks in order to liquefy them but they required other g seven central banks around the world the european central bank the bank of japan the bank of england to basically create a whole subsidy for the entire financial system or the most elite banks of that system in order to be able to first sustain the u.s. banks and then sustain their partner banks banks are codependent like door to bank and so forth that's the system that we have now artificial subsidies of the financial institutions at the core of the financial crisis by the central banks colluded upon by the central banks that have distorted and manipulated markets and savings rates for people throughout the world so you gave a lot there but i want to dig into it and thank you for your patience with some of these questions so it was one the quantitative easing essentially zero interest rates but you alluded to it but just to be clear for our viewers this is after the seven hundred billion dollar bailout so that they were they were backed up so they made these irresponsible bets in part on these things that used to deal w

a very warm welcome to the program jordan's king abdullah has appointed a former world bank economist as prime minister after honey resigned following huge protests there have been demonstrations in amman and in other parts of the country since last week against i.m.f. backed austerity measures jordanians are grappling with high unemployment and the new tax hikes coupled with the abolition of bread subsidies and it all became too much of a hoax to reporters. he was the man behind jordan's recent proposed tax hike and a start to measures that led to six days of protests now prime minister. is out. of the past week not the rallies the largest in five years intensified protesters marched by his residence on sunday chanting we are coming on him about it got oklahoma the government must step down the tax law must be withdrawn these are our demands and we don't win the next government to implement the same policies either . jordanians are furious that his plan raising employees taxes by as much as five percent would squeeze them financially to the brink the cappleman is ranked as the arab w

at work so about eighty percent of garment workers worldwide are women that's according to the world bank and a large number of women working in asian closing factories are migrants. reports of poor standards and japanese them. supply factories come as the brands try to stay ahead of consumer trends h. and m. recently launched a range of modest clothing aimed at shoppers looking for less revealing clothing it follows a twenty fifteen eighteen m. campaign which broke the mold by featuring a model wearing his job but some critics say a name is just window dressing when conditions in some of their factories remain hostile to women fashion writer and activist has to be tweeted just last week a new report from global labor justice shows yet again gender based abuse in fast fashion this time specifically at h. and m. and gap where women are reporting sexual assault she added it is especially disgusting when h. and m. tries to brand itself as inclusive and muslim friendly if you want to support muslims and people of color why don't you start with your own factories following the reports by globa

jordan's central bank inject cash into the budget for the next five years and also ensure some world bank guarantees and money for social development programs these steps are enough to stabilize jordan's economy. and that's not jordan's problem is much bigger than that and it will extend even a period beyond what this stipulates but anyway we should not be and that the shift of of the willing to help however if we are not to my eyes the items will find that their only cash injection for this year probably would be between two hundred two hundred million dollars for budget support and probably we don't know how much the size of the deposit is going to be but but that would only be of incremental value simply because the central bank of jordan already has thirteen billion dollars fifteen billion d.n.r. is worth of foreign reserves there softly about sixteen seventeen billion dollars worth of reserves so you do we don't we don't need these reserves but i do it still they are useful and incremental useful but of course the package is far from. fulfilling jordan's cash deficit and budgetary ne

a former world bank economist and the previous education minister to take over as prime minister but it's not clear if these changes will be enough to calm the rest on a hoax there let's get more on this story then joining us live now from washington is a good who is a former amman based journalist and a middle east analyst aaron a very warm welcome to the program so we've seen these protests continue and protest as the saying they simply will stall even with the prime minister resigning what's the core of this does this go beyond a kind of economic frustration and on race or definitely goes beyond the specific tax hike for a prime minister malaki he resigned which is a significant victory for the protestors but the deep seated economic woes continue so some of these debts are really troublesome you have the rising unemployment to about eighteen percent and it's much higher in the periphery you have a monthly average monthly wage of about six hundred fifty dollars in jordan even though amman is one of the most expensive cities in the arab world and then finally you have the nearly do

this year was really the one that spearheaded the this study got the world bank and academics together and it's a and isn't really an research group to the governor of that that writes that refugees are not a burden but they're actually a positive and do that but that to the question of taxpayers' money i mean the refugees are paying more than their share of the whole thank you so much and adding that economic angle to our conversation i want to show you some of the lineup here for a tax cut to the cabinet here on my laptop here we can see how lima want to leave look at a child what will have story be we have two of them out here what will history say there's only one way that you can find out and that is to follow tech became a campaign streaming live on saturday at seven am g.m.t. or ten am east african time will be like no other text her kind of text talks that you've ever seen before good luck everybody involved in not only can i will be watching of course maybe on playback until the next time i see you on line. in afghanistan billions of dollars in international aid have been dona

mention the world bank engagement, that's another area where there's a lot of opportunities. they are offering billions of dollars to host countries, as well as for countries that aren't that poor but that our middle income in taking on a lot of refugees. jordan, lebanon, bangladesh, colombia, and there's anything available there. i think it's important and one of the jobs that i have is to share here in the u.s. in the caribbean just what we are facing today and how one can really be helpful for a lot of americans don't always appreciate or understand that the u.s. continues to be one of the most generous supporters of refugees as has long been our largest supporter and continues to be. it's also the largest settlement country in the world and has a very vibrant and open asylum system at the border. there is a lot that can be done. i think people should be proud of what they've been supporting. we do need to gemore information out because of mary beth mentioned, regardless of your interest, you do have an interest. >> i will push you a little bit more on that. we live in a s

the world bank is warning global growth is set to slow over the next two years. conomy will expand 3.1% this year, falling back to 3% in 2019. it says growth will further slow in 2020 as the world economy reaches full output. main opposition party has proposed a plan to stay in the european's single market. leader forward an amendment to prime minister brexit may's flagship legislation. it would make it a formal goal in negotiations to keep full access to the single market. may is determined to leave the eu's internal market. -- internal market. the chairman of the saudi's sports authority is saying the nation is now allowing women to attend all sporting events. the chairman says it is another step towards modernization. thell of the events that kingdom carries out now allow women to enter. we are approaching women driving, the men have gotten a lot of their rights in this. not want to give an excuse to those that want to take us backwards delay is in the issue. we are protecting our customs and religion before everything. global news 24 hours in a -- per day on a

right now are taking profits before they might reconsider and even leave the market i mean the world bank said an escalation of tariffs could translate into a global trade flow decline of nine percent similar to the drop that we saw during the financial crisis and then again there are signs that won't even be able to realize these tariffs we just heard that senator bob corker and bill showing these terrorists won't be as easily imposed as a thought may be another reason why markets react to really calm today so if we know the trump is to reduce the trade deficit is the strategy working. right it is indeed a seven month low at the moment so it seems to be working on the first side but some and then the say these numbers can be misleading and that becomes obvious when you dig a little deeper is so you could see for example that the trade deficit with china has actually grown in april so fishman's he told us a story from the new york stock exchange thank you very much. europe as you may know as referred to as the old continent which is great for architecture enthusiastic and historians but n

backed austerity measures king abdullah has appointed a former world bank economist as his replacement the i.m.f. insisted it jordan raise taxes and cut red subsidies in exchange for a loan and. rescue was in guatemala are searching for survivors after sunday's volcanic eruption that killed at least thirty eight told the country's disaster agency says two million people have been affected by the massive explosion is the most violent eruption of the foyer go whole foods to use as brain outrage in the u.s. over a tweet from donald trump the u.s. president posted he has a right to pardon himself for any charges arising from the investigation into alleged russian meddling in the twenty six state election but he says he has no reason to do that since done nothing wrong. at least seven people have been killed and i suicide bombing in afghanistan's capital kabul it happened as thousands of religious scholars were leaving a gathering out the city's polytechnic university israeli prime minister benjamin netanyahu says a wrong must be prevented from developing a nuclear weapon as a press confere

protests and led to the prime minister's resignation on monday almost all residents are former world bank economist has been appointed prime minister and is tasked with forming the government. so in kurdish forces of unknowns they'll pull out of a strategic town in the country's north afternoon agreement between the u.s. and turkey repeatedly threatened to take the town of man bush by force in order to push back the kurdish y.p. g. the group is considered a terror organization by turkey but it is in direct the bank by the united states agreement was reached between turkish foreign minister may have lucas solo and u.s. secretary of state michael pale is likely to ease tensions between un korea and washington. spain's former prime minister mariano hawley says he will step down as leader of the conservatives people's policy after fourteen years it comes as he was i was stood as prime minister last week when he lost in the confidence vote in parliament to several former party officials will find guilty of corruption he says he'll stay on until a successor is chosen. hollywood movie producer h

we just issued an audit with the world bank because we give money to the world bank to pay salaries and we said you're not doing the right job. there are many ways. the ways of theft and bribery and corruption e only limited by the minds of the individual who wants to do it. host: we will go to john in massachusetts. you are from afghanistan? caller: know, i am an american. host: you fought in afghanistan? caller: yes. i just wanted to say that i am hearing there is all kinds of corruption there, this thing about you are paying teachers that don't exist and some who takes the money. you're covered to billion dollars and put 100 people in jail, not good enough. the reason why people win in this country and it is the greatest nation is the world -- in the world is because we do better. we do better, we try harder, we look for the truth. please just do better. this is america. we are the greatest nation in the world. we can do better. we can show the entire world that we can do better. host: who are you saying needs to be better? caller: i am saying everybody in the government including th

largest process the normally stable country has seen in recent years the king has now asked former world bank economist omar alvarez ause to form a new government. and we'll take a look at some of the other stories making news around the brain around the world north korea's government has replaced three top military leaders this comes just over a week ahead of a planned summit with the united states observers say the changes could be aimed at smoothing the path to a deal with the u.s. . u.s. president trump has been tweeting about the russian investigation declaring that he has the absolute right to pardon himself and this comes a day after his legal team argued that such a group or something despite being within the president's powers in his tweet mr trump said he has no need to do so since he has quote nothing wrong. with these first eight people have been killed in guatemala's volcanic eruption according to the country's disaster agency. blanketing the area. being moved out to be affected so the city. the battle to defeat the islamic state militant group has been one of the most challengin

but in fact here's what the world bank says.rage current tariffs of the united states, britain, germany, france, are identical. in some cases, lower. trump likes to talk about the difference in trade. he's talking about goods. we do things like services, intellectual property, we have a tremendous advantage. trump doesn't discuss it. then you get this photo, viral photo of trump seated, angela merkel steering over him and you get macron of france leaning in with angela merkel. people say wow. this is unbelievable. this is like america not against justin trudeau but in america against the world. for what? what are we breaking down historic western alliances? >> greg: no, no. when you introduce something like that photo, we have to put in the context they were four photos. the next one, they are all laughing. catch a photograph of "the five" and we will be like this and then the next minute we're laughing. this is an errant photograph. >> juan: who are you going to believe? >> greg: you are misrepresenting it. there were four phot

the guardian carries a warning from the world bank who say the escalation of the trade tensions betweenners could have consequences for global trade equivalent to the 2008 financial crisis. the telegraph leads with criticisms being levelled at oxford and cambridge university for their lack of diversity. universities minister sam gyimah has attacked 0xbridge for its "staggering" failure to attract more black students. and finally, the atlantic says the miss america pageant is having a #metoo—era makeover. there will no longer be a bikini or swimsuit competition and contestants will no longer be judged on their outward appearance. is that possible? so, let's begin. with me is geraint anderson who's an author and former stock broker and columnist known as city boy. good to see you. let's start with the story about brexit and the opposition party in the uk, the labour party, jeremy corbyn saying we are going for a much softer approach. it seems like they want to have their cake and eat it, so they wa nt to have their cake and eat it, so they want to not lose labour voters who supported

this is not an objective we're trying to follow. >> the world bank is warning that global growth is setver the next years as a central banks raise rates and fiscal stimulus starts to fade. a new report says that the world economy will expand 3.1% this inr, falling back to 3% 2019. it says growth will further slow by 2020 as the global economy output.es -- saudi arabia is now allowing women to attend all sporting events. it is just another step toward modernization. the events that the kingdom carries out now allow women to enter. we are approaching women driving , women have gotten a lot of their rights in this time and this bright era. we just don't want to give an excuse to those that want to take is backwards and delay is in the issue. we are protecting our customs and traditions, and our religion before everything. >> global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. indeed.nk you very much ecb policymakers may announce a firm date for the end of the asset purchase program as soon as next week. the governing

appointed education minister ahmed to be the new prime minister and form a government because a former world bank official is considered a leading reformer and his appointment comes after his predecessor and markey quit amid the growing anger. the protests began after a mostly announced his plans to raise income taxes by as much as five percent taxes aimed at shrinking jordan's thirty seven billion dollars debt the a dependent economy has been struggling with a dramatic cut in donations by the u.a.e. the u.s. and saudi arabia protesters say they want to make it clear to the government that simply replacing the prime minister will not go far enough mohammed jim to. the syrian kurdish forces have announced style pull out of a strategic town in the country's north after an agreement between the u.s. out turkey ankara had repeatedly threatened to take the town of binge by force in order to push back the kurdish why p.j. the agreement was reached between turkish foreign minister never let it go and u.s. secretary of state might pump a zero and is likely to east tensions between ankara and washington c

. >> i think the price action is disastrous >> and the world bank index -- this is where the dream was. you're supposed to be long in industrials. disaster and it is getter worse, and now you're getting a pile on people are starting to abandon and it is the beginning of the end and the beginning of the beginning. >> i'm looking at morgan stanley right now. we know the results had rang wage th - language wasn't great. it is the 52 week low. i want to think about your q 2 earnings if they cannot rally into the q 2 earnings, i think we will see new lows on all of them. if you think stocks will con to trade down into that earnings pr print. you can buy the july 44 or 48. selling one of the july on a quarter, your max risk is the $1.10. worst case scenario you're risking less than 2% of the stock price. i like the risk-reward in this trade. >> one of the things you look at for a trade like that is what the playout is and how much premium am i paying. this is slightly in the money already. so spending a $1.10, but it is part of the premium. >> and for this particular area, especially more so

>> it flows through a -- a portion of it flows through a trust fund that's administered by the world bank. >> right. >> and then the remaining money with just a little bit of an exception is administered separately on off budget programs administered by usaid. >> so what i'm driving at is perhaps have we considered a paradigm where in we tied aid and development to afghanistan to ee rad indication efforts. >> reporter: in other words, the government benefits and hopefully strengthens itself as creating sustainable afghanistan where there is as broad a spectrum of hope moving forward more directly from the revenues from the international community than the narcotics developing community, correct? >> the vote is produced and taliban controlled or contested areas. and so, you know, again, this is a security issue. i think as a first cut. >> but you said earlier today that the government of afghanistan as indicated an interest in not undergoing ee rad indication programs at this juncture, is that an accurate assessment? >> yes, the government would assess it would decrease the appeal. >> so i

this year was really the one that spearheaded this study got the world bank and academics together and it's a and essentially and essentially proved to the governors that the rights that refugees are not a burden but they're actually a positive and to the question of taxpayers' money and the refugees are paying more than their share the whole thank you so much adding the economic angle to our conversation i will show you some of the line up here for tax because i can't have a look here my. i was breaking into shuttle programming to bring you a white house while we are watching mike compare the secretary us giving a press conference. i i we don't think about it in terms of who has the upper hand we know there's been a long intractable challenge it's gone on for decades president said repeatedly prettier than this traditions were prepared to do what we've done already it's not about who has the upper hand it's about trying to find a way for the two sides can come to an understanding where we can get concrete steps not just words that resolve this jail. cell that does not leave soon hear

the world bank said an escalation of tariffs could translate into a global trade flow decline of 9%,imilar to e drop that we saw during the financial crisis. then again, there are signs that trump willot nven be able to ize alese tariffs. we just heard that senator bob rker rled a ll shown these tariffs will not be as easily imposed as thought, maybe reacted tjavi.: we know trump'ss to reduce the trade deficit. is the strategy working? sophie: right. it is indeed seven months low at the moment, so it seems to be working.g. but some analysts say these numbers can be misleading, and that becomes obvious when you take a little deeper. -- dig a little deeper. you can see the trade deficit with china has actually grown in april. javier: sophie scsky from the new york stock exchange, thank you for an much. the ceo of qatar airways has apologized after saying his job was too difficult for a woman. he is known for his controversial remarks and despite the apology, his statements sparked a debate at the annual meeting of international transport association, in an industry that is still widely

. >> unrest continues, despite the appointment of a new prime minister, omar razzaz, a former world bankmist who will have a difficult task. that is what a jordanian paper says, adding that the new government will have to spead "a veritable economic revolution." skepticism from a london-based orer, which wonders where whether he will be able to correct the errors of predecessors, will he be able to see wish thamthe etchor and the next story, an argentinian team refusing to play in jerusalem this weekend. >> the israeli daily explains that in the decision coming from argentina, the game has been canceled over political pressure from pro-palestinian groups who are angry about the fact it was going to be played in jerusalem. the palestinian football is a seizure chairman evenalled for supporters to burn t-shirts of the star player of argentina, who is going to play in that match. and in a london-based paper, this match more about politics than sports. the paper accuses israel of trying to cash in politically on messi's image as an instrument of the judy is asian of jerusalem. anchchor: what

when the world bank's lighting africa award the frenchman then teamed up with his brother to form . and take. action for him quality everything. after two years of manufacturing there are still challenges so lamps are exempt from taxes. but like it always has to fight to get the import tax reimbursed because the lure is not geared towards local production. ready made so lumps. the company also has problems exporting its products. north. of administering. now the company needs more sales right to market to plants more effectively not only in kenya but also in neighboring countries so far like a cell has sales reps in fine countries. while the company wants more support from the national governments to ease distribution their customers and mccain are certainly happy with their lumps mamma not as all go to lunch last year she says they changed her life and as an extra bonus she no longer has to go out to charge a cell phone. if. i can do all my work but there might be less. and i take it everywhere i go by the. children came our study for as long as. we have my sanity for how recent. e

look at world bank data.age tariff rate across wul industries and products and we are comparable to a lot of the other countries you're talking about. >> no. >> yes. >> we're about half the level. can ka -- canada, you're right. >> go to the world bank site and look it up. >> i want to move on. one of the problems of having smart people is sometimes you argue nuance. you got to look at it apples to apples. that was what was being brought out there. yes, they may be higher but if you look at the number of jobs and firms you start to scale it up and see it's not as disproportionate as you're suggesting. people can do their own research. we'll lay it out here. i want to ask about something for black and white. the administration says, steven, we have to separate families at the border. it's what the law demands that the democrats put in place. that is false. the 2008 law that applies here was signed by bush, catch and release which was a policy was a policy choice by the obama administration. trump doesn't like

of three or four dollars a day the lip synching over the international poverty line set by the world bank at one dollar and ninety cents. to the united states is not just one of the richest countries in the world it's also home to some of the most glaring inequality as the rich rapidly get richer. the poor continue to get poured. over in that period thirty eight years now it was massive growth in this country but the bottom fifty percent americans they did not benefit from that with. the us is now home to almost six hundred billion dollars at the same time about forty million americans live in poverty. in twenty four jean-pierre simmons gave a speech about poverty to the united nations under half of sure we can and cannot profit recycling center in new york well sure we can is a very unique place when i first came here i was struck here is a place that opened up the gates i see a community of people they're all working cut the boxes and i looked around and i've seen people bringing out fresh home cooked food they trays of it. and i said to myself what is this this showed me what to do i t

first to jordan where king abdullah has appointed a former world bank economist as prime minister of the house resigned following huge protests they've been demonstrations in amman and other parts of the country since last week against i.m.f. backed austerity measures jordanians are grappling with high unemployment and new tax hikes coupled with the abolition of bread subsidies simply became too much to report. he was the man behind jordan's recent proposed tax hike and a stare to measures that led to six days of protests now prime minister hani muki is out. of the past week nightly rallies the largest in five years have intensified protesters marched by his residence on sunday chanting we are coming animal to live the government must step down the tax law must be withdrawn these demands and we don't want the next government to implement the same policies either . jordanians are furious that his plan raising employees taxes by as much as five percent would squeeze them financially to the brink the capital amman is ranked as the arab world's most expensive city there's high unemployme

internet is too slow and the red tape too cumbersome and there are other problems as well in the world bank's ease of doing business and backs italy ranks forty sixth behind romania it can also be a challenge to raise capital in italy maybe we don't have these and tertiary colleges are now and so if you want to do technology maybe you need the great investments and here the taxation is high and it's difficult to to raise funding since so maybe counties that are more profitable more of them more easy then the that the financial crisis took a heavy toll on italy's economy which is still struggling last year it posted one and a half percent growth far below the e.u. average the gap between rich and poor has grown. steadily know has a new euro skeptic government many are frustrated and feel the e.u. has forgotten them but there is one bright spot start ups especially in milan it's italy's financial and industrial capital and home to some four thousand eight hundred startups milan is also the birthplace of one of europe's leading online wealth management firms money farm it was set up in two thous

the lead really creating this post world war two economic order along with the creation of the world bank and the international monetary fund but we're talking now about an administration that is pulled out of the paris climate accord that has pulled out of the iran nuclear deal certainly the president is very much interested in trying to protect and shore up u.s. interests especially u.s. business interests but even though u.s. business leaders may suggest that imposing tariffs hurts their own businesses and their own employees that may dollops stop the president and if he feels that his administration could do better not being involved in the g seven then i wouldn't be surprised if he were to say let's pull out it's probably not likely but anything could happen and. thanks very much talking to us that live from washington d.c. .

. >> sreenivasan: some of th h issues i guealso missed late this afternoon, the world bank, the i.m.f.. how consequential are these conversations and ow significant is it if america is not at that table. >> reporter: it is very significant. the presidt did have an aide sit in on the meeting about climate change, and there are nguntries that will be tal about women and gender equality. we are seeing president trumpng sae didn't have time to talk to all these countries about these consealquen issues. there was some reporting these countries might come to an agreement about climate change without the united stches, wof course, is a very big deal. president trump said that he was here for a very short period of time. he left washington very lat he had to even reschedule a meeting that he had with the president of franhece. and now 's gone. le left at 10:30 a.m., and there are otheers stick around for the whole thing. >> sreenivasan: this is very different than how we see these meetings take place. rarely do we seenilateral statements by countries g these discussions, and rarely do we see