i have a school in south africa for girls. it just celebrated its 10th anniversary? oprah: it just celebrated its 10th anniversary. i have 10 graduations to attend in 2017. i remember when i started the school and said to my beloved friend maya angelou, i am so proud. this will be my greatest legacy. she said, you have no idea. you have no idea what sheer legacy will be because your havey is every life you touched. that shifted the way i saw leg of legacy. she was explaining that everyone who decided they would go back to school, lose weight, no longer hit their children, get out of a bad marriage, all of those people who have seen and experienced your voice, and the same with everybody here, you have no idea what your legacy will be. your legacy is every life you have touched it i know you have done amazing things with your philanthropy. we like to think that these aret philanthropic moments the ones that leave the impact will make the huge difference in the world, but it is really what you do every day, how you use your life to be a light to someone else. it is how

and turmoil in south africa as the president sacks this man, his finance minister. now threats to the preside's power. ♪ anchor: i am brent goff. it is good to have you with us. in wasngton dc, dealmaking the world has not seen for a long time. tonight, the u.s. president has backed his former national, michael flynn, saying he is right to testify to congress about the jump -- trump campaign's alleged leaks to russia. he says he is not worried what he will reveal. he is offered to testify only in exchange formmunity from prosecution. reporter: for just over three weeks, he was in the front row at the white house. as national security adviser, michael flynn was in trump's innecircle. the retired army general was a close advisor on trump election campai2016gn in back then, concerns were already raised for his ties to russia. like his attendance at a dinner with vladimir putin. michael flynn maintained the relationship even after the election. when president obama imposed sanctions on moscow, flynn call ed the russian ambassador to offer reassurance, even though neit

. ♪ i took a trip to south africa i met a young man who was 16 when i meet him. 14 when he left his familiar until zimbabwe. >> it was a cash raul meeting for lisa. hearing the young man's zig it made a lasting impact. >> school, housing, food, clothes, at 18, it all went aw away. >> reporter: i learned today that lisa isn't the type of person who could just walk away and forget about the encounter when she got back to the states she came up with the idea for the monkey and the elephant coffee shop. employing almost exclusively former or current foster children. >> they work at the cafe. learn how to make coffee. do customer service. cash handling. we do all of our baking in house so they also learn to you who bake. >> the day to day job skills they're just a part of the things they work on. >> your personal elevator pitch how you introduce yourself to somebody. budgeting. >> reporter: point being not only will the folks at the monkey and the elephant have a job and learn useful skills, but they also get the feeling of community that empowers them. something 19-year-old davita told me is lac

let us talk south africa. the rand has plummeted after the president told senior leaders of the communist party that he plans to fire the finance minister. spokesman for the anc says the people were misinformed. let us get more from jim foley and jim rogers. -- jane foley and jim rogers. rent versus dollar. the first red box is when we heard yesterday that the finance minister, who was supposed to meet with investors, has pulled the back. thewe understand that president told communist leaders that he was going to fire him. >> this is all about politics. last year, the south african rand was one of the best-performing emerging-market currencies. but it is vulnerable to what might happen with the foreign minister -- with a finance minister who is the darling of the market. the president is very concerned about the popularity of the anc which has on down. he was like to give out some social benefits. the finance minister is much more cautious. aside,ere to be pushed the south african crew grand -- the south afric

. >> south africa is expected to leave its benchmark rate unchanged later thursday. economists see that main rate held at 7% and most predict it will stay there for the rest of the year. a week ago traders forecast a 35 basis point decrease in 2017. the prospect that the president will fire the finance minister said it tumbling. independence has solidified position as front runner in the presidential election. endorsement key from the former socialist prime minister. they will vote on april 23. the best place to stop marianne look 10. global news. 24 hours a day. powered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. ♪ david: thank you. the dreaded divorce notice. is goingean union through the six page document from the u.k. now comes the hard part. triggered years of contentious talks area we asked the time finance minister about to threats brexit poses european union be in the markets. .> difficult let's not underestimate the different points of views and the fact that europe would take an easy stance. sometime will have

. >> students from oakland's high school are raising money to travel to south africa for a two-week cultural exchange project. they call themselves culture keepers. organizers say the students will learn about history and culture and take part in the culture he would exchange. the students have raised money over the past few months, creating a video explaining why they want to go. >> if i go to south africa, i feel like that piece of me, it could be the voice -- the voice could be filled up and i want to bring it back. >> i --[inaudible]-- that's all i know. i want to go somewhere to like that's where life started, you know. >> the students are set to be in south africa for march 28 through april 9. they have set up a gofundme page to finance it. >> over the weekend, mission high in san francisco won the norcal basketball championship. they are the first to go in 16 years, first public schooler. >> congratulations to mission high in san francisco. there's other high schools in the bay area. i don't have the list. we'll have the list tomorrow morning in i don't mention it by the end of the ne

we start in cougar national park in south africa, some notice this elephant. she makes a keen observation. >> stop! >> well don't stop go! >> josy who's from ireland says he looks cross. he was! they had an elephant experience they will not soon forget. in this next video also shot in cougar national park joe gregory was running film when this happened. you see t rhino right there. there was a crash of rhinos in this marshy area but then a herd of elephants. rhinos and elephants don't always get along all the time but watch what the elephant did. he picked up a stick. this elephant is about taiuse the stick up like get to stepping rhino's not stepping down but watch what happens next? >> do you see that it's balancing on his forehead? he drops itge elephant he aow branch his ears are all out, which means, n rhino is like you know what dude we can all coexist here. let's not fight in front of these humans. . >>> this last video also south africa at a nature preserve. watch this little dwarf mongoose. they're known for taking on snakes. that snake happens to be

with great regret the committee have decided that south africa be excluded from the 1970 competition. with great regret the committee have decided that south africa be excluded from the 1970 competition. streaking across the sky, the white hot wreckage from mir drew gasps from onlookers in fiji. this is newsday on the bbc. welcome back. our top stories: this is newsday on the bbc. welcome back. ourtop stories: people this is newsday on the bbc. welcome back. our top stories: people living in low—lying parts of north—eastern australia had moved to safety as cyclone debbie sweeps across northern queensland. the us has led a discussion of talks of boycotts against armament, suggesting you cannot trust countries such as north korea to get rid of weapons they may have. and reports that this couple we re have. and reports that this couple were sent to prison after they were convicted of starting their mate. the filipino worker lost almost a0% of her body weight after being given minimal amounts of food. time for a look at the front pages from around the world. in china, reports that nin

in south africa, it is over 8%. south africa i find politically scary. you almost try not to think about it. you the speed with which the mexican peso came back. maybe that will remain strong. india is the attractive and right now. francine: are we further away from a possible trade war? one of the things i keep. as if donald trump doesn't get what he wants, you may revert to doing what he knows best, which is protectionist measures. kit: the markets are pricing in the idea that donald trump is going to be slower moving overall than he was before he got elected. we are not out of the woods on a trade war. are trying to deal with the reality of growth that is not strong as we would like it to be. deliverrump wants to prosperity, and a trade war fails on some accounts. patrick: just focusing on current accounts and deficits is a simplistic way to look at things. that seems to be the narrative. he believes it. that is worrying. the end result will be a trade war if he goes down this path. i don't know it will be a war. there are forces in place that go agai

tonight that man from south africa with ties to the bay area is at half moon bay. new at 10:00 tonight, ktvu amber lee joins us live after meeting with chris this evening as he and his friends celebrated his accomplishment, amber? >> reporter: jew knee, we are at the landing where we did meet with chris burdesh. he tells me this is his driving force. >> reporter: the celebration of chris' accomplishments, enthusiastic friends who would support him, they greeted him here at half moon bay. he's not in his native south africa. >> everything i do is about believing yourself and crossing the borders and boundaries. just catching what is possible. >> reporter: he says why he decided to cross the atlantic ocean on a paddle graph. because he was in his elements at the sea. he started this journey in morocco on december 6. from the start he said there were heroing conditions, up to 45 miles per hour winds. 40-foot waves. dangerous conditions existed almost daily. >> between the sharks, they were trying to attack me to giant squid trying to pull me down. i mean 20 to 30-foot

this is when people love em assets, so south america -- south africa has been a standout. i will pull up a chart with the options related to treasuries. you can see it is exactly at the zero line, not suggesting any bearishness or bullishness, really sort of gets to this idea that right now, treasuries are stuck in the middle with no greater -- no clear direction right now. scarlet: we want to talk more about how the first quarter fared, and how a lot of trade that people may have come into the first quarter centers around treasuries, a lot of people got it wrong. >> so my old boss and mentor says that sign behind his desk, what is obvious is obviously wrong. what was obvious in the first quarter was interest rates had to go up, that the dollar had to rally. of, youcan peso is sort buy the rumor, you sell the facts, that was the inauguration of president trump. people thought it had to decline. none of these things happened. markets trading is a difficult business. it seems relatively simple, because u.s. equity markets have been strong, but if that changes, or you are in

south africa's sports minister says the host city durban may not be able to stage the 2022 commonwealth games because of financial pressures. south africa has been unable to reach an agreement with the commonwealth games federation over the operational budget. scientists in britain have confirmed that there is a strong link between obesity and cancer. the study found that being obese increased the risk of getting eleven cancers. the researchers say maintaining a healthy weight is the single most important way to reduce the risk of cancer after not smoking. some stunning pictures to show you from mount etna in sicily, interrupting for the first time this year. errupting for the first time this year. it's one of the most active in the world but it's been largely dormant for two years and it started erupting on tuesday morning. the corruption scandal rocking south korea has widened beyond politics. the future of the country's biggest business, samsung, is in question after prosecutors said its air is to be charged with bribery and embezzlement. the scandal has led to the impeachment of the

south africa have been unable to agree the operational budget. from some stunning pictures to show you from mount etna in sicily, interrupting for the first time this year. it's one of the most active in the world but it's been largely dormant for two years and it started erupting on tuesday morning. the corruption scandal rocking south korea has widened beyond politics. the future of the country's biggest business, samsung, is in question after prosecutors said its air is to be charged with bribery and embezzlement. the scandal has led to the impeachment of the country's president, macro korean, and in a moment we will hear about the potential impact on samsung but firstjamie potential impact on samsung but first jamie mitchell looks at the background to the charges. leej lee j young, leej young, billionaire vice—chairman of samsung, the world's biggest maker of mobile devices. since his father suffered a heart attack in 201a he has been de fa cto heart attack in 201a he has been de facto boss heart attack in 201a he has been de fa cto boss of

to be in south africa for march 28 through april 9. they have set up a gofundme page to help finance the trip. it's called send mac to africa. >>> time is 5:55 with a big campaign by general mills to help save the honey bee is apparently hitting home with shoppers. first general mills removed buzz bee the mascot on the boxes of honey nut cereals. then they encourage you to log on to their website to get a package of wildfire seeds, which is a food source. general mills hopes to give away 100 million wild flower seeds. giving away 1.5 billion seeds. the company is all out of seeds asking fans to keep posting where they planted their flowers and if they see honey bees. >> a big response. >>> time now is 5:56. the major stories today is legendary 49ers dwight clark. the former receiver announced he is battling als. coming up at 6:00, we'll tell you what his former teammates and long-time friends are saying. >>> and also new overnight a fire erupted inside an rv. you'll see rescue crews trying to save the man who was inside. >>> it's slow

the crude attempt from one month to battle mental illness in south africa. the biggest gay pride festival in australia has come to an end the fingerprints of glitter in its workforce of hundreds of thousands of people gathered on oxford street in sydney on saturday night to survey the 39th annual mardi gras parade, one of the most famous and best defence in australia. the parade began as a protest in the 1970s but is almost 200 foods and there are thousands of marchers who take place. a reminder of our top story, the white house has asked congress to examine claims from president trump that barack obama ordered his films to be tapped during the election. that is all for now. thank you for watching. a mixed bag across the uk. is the sequence shows scotland and northern ireland saw the best of the sunny spells on offer. a different story for daniel wells. persistent rain, so of the 12 with quite clever showers. quite a bit of rain when they come along. gusty wind to go with it. it is drifting ever eastward. dab in the small hours of the money would when the ra

i have a school in south africa for girls. and i wanted to create this school -- david: this just celebrated its 10th anniversary? oprah: it just celebrated its 10th anniversary. i have girls from brown to stanford, all over the united states. i have 10 graduations to attend in 2017. i remember when i started the school and said to my beloved friend maya angelou, i am so proud that i will be able to create the school. this will be my greatest legacy. aya said to me you have no , idea. you have no idea what your legacy will be because your legacy is every life you have touched. and that shifted the way i saw legacy come away to leave behind, or what you do, because maya was explained to me that over the years of watching your show, everyone who decided they would go back to school, lose weight, no longer hit their children, get out of a bad marriage, all of those people who have seen and experienced your voice, and the same with everybody here, you have no idea what your legacy will be. your legacy is every life you have touche

. >>> students from oakland's high school are raising money to travel to south africa for a two-week cultural exchange this month. the group of 23 students calls themselves culture keepers. the students will learn about south african history and culture and take part in a cultural exchange with students. the students have been raising money over the past few months and created a video explaining why they want to go. >> if i go to south africa, i feel that piece of me, the void i feel could be filled up. and i want to bring it back to share with others. i know i'm not the only one who feels disconnected. >> i lived in the hood my whole life. i'm used to the hood. that's all i know. i want to go somewhere to where like all life started. >> the students are scheduled to be in south africa from march 28th through april 9th. they set up a gofundme page, it's called send mac to africa. >>> could an effort to sign marshawn lynch to the raiders actually happen? why some sports experts believe the former seahawks runningback is extremely interested in the deal. >> fbi agents say they've found

south africa sending ministers home. some big announcements going to be made. the dollar is weaker, the yen is stronger. it was stronger earlier. 1.26.ng at sterling andnd of all of this coming in a coordinated market move. futures at -19. -129 -- dow at futures at -129. wanted to go this way and it did not go that way up to the green rectangle and here is the trump reflation and than a bit of instability. you follow this. why should we care what dollar-yen does? tony: i don't want to take you away from the yen, but the u.s. trade weighted dollar index tracks how they move and you can hasa sense that the dollar been stable. it is important that the dollar not rally much for the world economy. the fact that the u.s. dollar has stopped going up is very good for global stability and 2017, and something we would project. markets have gotten more pessimistic about the political agenda and the likelihood of fiscal stimulus. this is good news for the world in the sense that the -- that the dollar will not strengthen and reduce commodities in the emerging markets. stab

in other news: in south africa, roads tojohannesburg's main airport have been blocked by hundreds of metered taxi drivers protesting against the ride—hailing app, uber. such protests have become commonplace in cities as far apart as london and new delhi, as uber continues to challenge traditional business models in the taxi market. the meter taxi association in south africa claims uber is not registered with the authorities to operate. home rental company aianb has raised $1 billion of investment funding in a deal that values the firm at $31 billion. the san francisco—based firm disclosed the investment in a filing to the us securities and exchange commission. aianb has not commented on how it would use the funding, but could use the cash as it seeks to diversfy in areas including city tours and exclusive experiences with local experts. us secretary of state, rex tillerson, has said he'll have no role in approving the controversial keystone xl pipeline between canada and the us. the 1100 mile pipeline would bring oil from canada's tar sands to refineries in the us. it was put on

south africa's brand plunged after jacob zuma sacked his finance minister. looking at the european markets, we should be able to see, i can tell you they are a bit down, some figures coming out in europe today, fourth—quarter uk gdp figures, the last revision for those out, we will be waiting to see those, european market waiting to hear, like the rest of us, what donald tusk has to say. dom was laughing at you! good to see you. we have just finished the third period, and what is stonking period it was. todayis it was. today is the last day of the quarter, global stock markets will be up by about 6%, the us stock market, about half of the global total, is up just a little market, about half of the global total, is upjust a little bit market, about half of the global total, is up just a little bit less than that, but it has been a pretty good quarter, it has ended with people being a bit worried about delivery in america but fundamentally things are growing pretty nicely, we expect earnings growth in this first quarter of about 10% in america, that is twice

africa, and it is important to get the guys that we feel are going to be playing a part in that. how strong an opposition narrowly west indies likely to be? we know they have an awful lot of power, we remember the super orb at the end of the final in calcutta last year, england losing the final when it looked as though they would claim that trophy. while they would claim that trophy. while they have power, they also lack experience. we won‘t be seeing the likes of gayle and samuels, so while they have power and strength and talent, do they have cohesion to work together as he cited the england under pressure? should be a fascinating series. here tomorrow. that is the job to have, in antigua! that is the job to have, in antigua! that is it from us, thanks for watching and coming up next, the papers.

you mentioned south africa. we are getting a lot of news out of south africa. what about currency risk when it comes to -- even australia? simeon: well, currency risk in general is always something to consider in all -- you know, in all international markets. but i do think there is an opportunity over the next, you know, whatever it is, several quarters, couple of years, for there to be a little decoupling between interest rates and the dollar. in other words, i think we can see mormalization of rates, at least in the u.s., and not have the dollar to continue to go straight up. so i think there's an opportunity for currency to not be terrible head wind if you will for emerging markets and developed international markets. vonnie: simeon, by definition -- you are not going to be able to tell me but what's the biggest risk we may not be pricing in? simeon: it's always geopolitical. if there's a war and there's risk all over the place, that's the wild card. to me that's the biggest wild card. vonnie: it doesn't make you lose sleep at night? simeon: it doesn't make

in 1987, in a column he wrote in the spectator, gorsuch opposed from divesting from apartheid south africa, arguing -- "pro-divestment students call for the immediate withdrawal of university funds from all companies conducting business in south africa. but in their haste to do the right thing, they are willing to overlook such mundane things as facts. namely, that many of these companies are themselves in the act of divesting. committee and coalition members seem willing to sacrifice the large income from the endowment, which goes to pay for our need-blind admissions policy, among other things." can you talk about the politics at the time on campus, the divestment movement so often credited by the democratic movement in south africa as helping to bring the apartheid movement down? the apartheid government down? is,he interesting thing divestment was a done deal on campus two years by the time he wrote that column. the university had already decided to divest in response to massive student protest, that really affected the national agenda. and here he is almost two years later, still attac

looking for -- also back to inflation and south africa is quite low. growth at 1.5% is quite low. the fundamentals argued that the central action coming rates and the currency would likely we can. the clinical concerns increases our confidence. with that means is the move to 14 in dollar rand is likely. thank you for your time. great to have you on the program. michael sneed joining us from bnp paribas. we are going to be talking next -- we will go to the european parliament in brussels as we await delivery after he said may possibly you -- after theresa may's divorced letter. the letter goes to donald tusk and we start the countdown. this is bloomberg. ♪ anna: the u.k. signs as papers. theresa may bank the letter. the letter will be delivered to the european council president donald tusk this afternoon. scotland defies the u.k. plans tolawmakers back do a second independence unity -- independence referendum. and limiting the scope of upcoming talks. the tax would include terms of the divorce, not the trade relationship. ♪ a very warm welcome to the program. i am anna edwards

south africa is attacking the problem in a unique way, with flying dogs. debra patta reports. >> reporter: meet arrow and his handler, henry. harnessed together, they take off across the vast wildlife preserve. arrow seems unperturbed, even as they hurl themselves out of the helicopter, falling more than 6,000 feet to earth. landing in the middle of the poaching wars. >> getting the dog on the front lines is always a challenge. and parachuting is one of the ways. >> reporter: these elite canine dogs are trained to immediately sniff out the poacher. rushing to attack, pinning him to the ground, until more help arrives. this may be a training exercise, but the dog's bites are real and special bite-proof suits are needed. the dogs are up against heavily armed poachers who run a mull multimillion dollar industry. in the past seven years, a third of africa's elephants have been wiped out. nearly 100 of these sky diving dogs have been placed in game reserves across africa. in one region, they caught over 100 coachers in 18 months. he told us one dog, killer, nab

coming up, investors stay on the sidelines as self affect -- south africa gets hit by a flood. are live in cape town to assess the emerging market bonds. storieshe major success in markets recently. this is bloomberg. ♪ ,> bloomberg technology technology can become plaques. technology insurance should be clear. tracy: you are watching bloomberg, i am tracy alloway in dubai. shery: a quick check of some of the other stories we are following. says he isaire owner planning to buy as much as $2.4 billion worth of american shares. he may buy a stake of up to 13% after failing in a bid to march the company last year. that would make him the second-biggest shareholder. it would be a family investment, and not a takeover bid. the king of morocco has removed's prime minister in a rare move aimed at settling a deadlock over forming a government. the decision was made public late wednesday. he won the election in october, but not with enough seats to govern alone. king mohammed is expected to name another one as premier. barclays africa sold less than half of its target in a south afric

insurer old mutual, which has significant interests in south africa, fell 8% in response. direct line was the biggest riser in the ftse100, climbing 3%, after several stock brokers upgraded the stock. that is it from me, i will be back in one hour's time with business news. a little more business news concerning bmw, the car giant, workers have voted overwhelmingly to go on strike in a dispute over final salary pensions, unite union members backed walk—outs by 93% of the workforce, unite general secretary len mccluskey says that bmw needs to reflect on this, the real possibility here that bmw's british workforce will strike for the first time under its ownership in the coming weeks. that is the latest from bmw. unite representatives from the group cited, cowley, goodwood and swindon meeting in the coming days to discuss dates for the strike action. the flying scotsman was back on one of the uk's most scenic routes today, as it marked the re—opening of the settle—to—carlisle rail line. the world —famous train took the scenic route through the yorkshire dales and t

let's head over to south africa. gdp contracted in the fourth quarter, we are seeing political instability hitting home. -- the worst growth rates since 2009. , weing us in johannesburg have our reporter. we expected growth to remain flat but instead it contracted. what happened here? thes we heard today from office is that manufacturing and mining really contracted quite severely in the fourth quarter. although retail sales were up, it does seem as though it was not up as much as we would of expected. especially given in december, there were a lot of people that went shopping. we did see subdued demand. that africa's sluggish growth is a busy -- big risk to confidence. falling behind its own growth targets. it shows what the impact is of that contracting gdp on expectations as to what the central bank is going to do. where does that leave us in terms of expectations for gdp growth this year? >> the treasury has said it expects 1.3% growth in 2017. some economists have said they are optimistic that growth rate is ach

nairo quintana retained the overall lead while there were blue skies in italy, cape town, south africa was battered by gale force winds. the weather wreaked havoc on the course, even blowing cyclists off their bikes. 0h, oh, dear. until next time, farewell. hello there. the relatively settled theme to the weather continues for at least a couple of days. relatively mild during the day on tuesday but breezy for many of us, particularly windy across northern parts of scotland where the met office have issued a yellow warning for the strength of the winds, causing some disruption for the northern isles of scotland with heavy showers on the cards. further south, most places looking dry first thing tuesday morning. pretty mild too. around the country at eight o'clock, heavy showers for the northern and western isles with the odd rumble of thunder in line with those strong winds and some big waves. much of scotland and northern ireland, a bright start for most. some isolated showers. cloudy for northern england. down to wales and the south—west. a bit of hill fog. for much of england and ce

of cape town, south africa earlier this week. >> we are joined for an exclusive interview. this is bloomberg. ♪ scarlet: this is bloomberg markets. oliver: time for bloomberg business flash, a look at the biggest stories in the news right now. lloyd blank find taking a pay cut to reduce his compensation for 2016 by 27% to $22 million. they eliminated a long-term incentive award. 4 million cash bonus and $16 million of shares tied to the company's performance. of its boardthird members will be out in may when the terms expire according to the ap. the long-time members were on the board when to pull he more than a decade ago. the burrito chain has been under pressure from investor to speed up its recovery. the hedge fund is one of the largest shareholders bringing more than a 10% stake in the fast casual chain. now the premier league showcases sponsors. players -- the free up space that usually features a logo and they created a new revenue stream for the team's owners. is your bloomberg business flash update. i will talk now about how politics are working the way of market

south africa considering investing in iran's natural gas sector. down overe disagreements on gas prices. the oil minister of iran met with the south african energy minister at the weekend. two pr firms to lobby on cairo's behalf, such a thing for the first time being made a public. egyptian intelligence hires the pr firms and shows the general intelligence service has hired several firms. right, reports from israel say prime minister netanyahu is to be questioned again as part of this ongoing corruption investigation. channel two says a fourth interview will happen on tuesday as they try to wrap up the inquiry next month. receivingdenies gifts. anything he said could be used in court. battle time now for the of the charts. david and i will fight it out and put our guest tim fox on the spot. will win.dy know who this is what i put together, which is the pricing in of the interest rate cycle from the fed. this is what you are seeing in terms of the impact on gold prices. i've charted the gold price, the 200 day moving average, and you are seeing a fi

nigeria, algeria, and south africa. 800 german companies have operations in africa. foreign delegates want them to spread the more widely. they say africa offers a multitude of burgeoning markets with an expanding middle class. >> that is all the business for this hour. >> you're watching dw news. you are up to date. thank you for watching. we will see you next time. ♪ y ♪ >>> this week on "wealthtrack" during public television's fundraising drive we revisit our interview with gotham asset management joel. why did he provide a fund combining passive with long-term strategies. that's next on consuelo mack "wealthtrack." ♪ >> new york life along with mainstays family of mutual funds offers investment and retirement solutions so you can help your clients keep good going. >> additional funding provided by thornburg investment management, active

south africa have fought back on day onme of the opening test against new zealand in dunedin. after the proteas won the toss the hosts picked up three quick wickets but dean elgar and faf du plessis have steadied the ship with an unbroken partnership of more than 70. serena williams has pulled out of the upcoming indian wells and miami open tournaments due to a knee injury and will lose her world number one ranking as a result. the 35—year—old, who landed her 23rd grand slam singles title at the australian open injanuary, said she hoped to be back in action soon. more problems for the international olympic committee. the former sprinter frankie fredericks has stepped down as head of the evaluation commission for the 2024 olympics. it follows claims he received money from a disgraced marketing consultant in the lead—up to rio being awarded the games for 2016, but fredericks has denied any wrongdoing. ade adedoyin has the story for us. he says he doesn't want to be a distraction for the bidding process 01’ distraction for the bidding process or have any questions raised

africa, south america, then continues on to the u.s. >> some people have lost their fingers and limbs due to frostbite. and they're taking children with them. so basically they're putting their life at risk. >> i've never seen the numbers like this. >> reporter: mark prokosh, immigration attorney, says many of his clients go north against his counsel. >> there's, in my view, no imminent threat to these individuals. and so it's pretty dangerous for them to try to make the journey up to canada in the middle of winter. >> reporter: due to a stipulation, many immigrants must cross illegally to apply for asylum. >> if they were to arrive at the border and present themselves to canadian immigration, they would not be able to apply for asylum because they had already applied for asylum in the united states. >> reporter: this 400-mile path just one of many frigid routes. 1,500 miles east, a steady flow of crossers leaving new york for quebec. for many families, this is the beginning of the end of their journey to canada. they take a bus ride north, then a taxi to rocksham road, the border. >>

africa in hamilton. kane williamson after equalling martin crowe's new zealand test record of 17 test centuries was eventually dismissed for 176 with the black caps needing to win the match to level the series. more details have emerged about a new twenty20 competition to be introduced into domestic cricket in england and wales. it's hoped the tournament would rival the popularity of t20 competitions in australia and india and feature fewer teams based in cities. but critics fear it would spell the end of 130 years of english county cricket. our sports editor dan roan reports. commentator: and he's done it! for more than a century, english cricket's been built on the foundation of the counties, but a brand—new tournament, that does not involve them is getting closer. with its glitz and glamour, the soaring success of the indian premier league and australia's big bash have shown just how popular the shortened twenty20 format of the game can be, and today the man who's masterminding english cricket's equ

winning the series, i think that would be a huge confidence boost, certainly with south africa right on the doorstep of the champions trophy. it's been a terrible week for british cycling, in the space of 2a hours they've issued two statements, wednesday admitting "serious failings" in their record keeping. those missing medical records that hampered a uk anti—doping investigation, and on thursday they apologised for "failings" after the conclusion of the review into a culture of bullying and discrimination at the organisation. here's our sports editor, dan roan. for years the story was one of success. british cycling, defined by medals and glory. but now there is an image crisis amid a damaging tide of bullying and sexism allegations. all have been denied, but today, the man tasked with salvaging the sport's reputation told me it was time for cycling to say sorry. do you owe riders and staff an apology today? we've already met with groups of both riders and staff and we've made it very clear that where there's been failings, we apologise for those. we recognise them, but we're goi

i'm glad you brought up south africa. the rand the worst performing major. there is a shoot higher in the dollar's value against the rand. no reason was given, that people are thinking maybe there's a cabinet reshuffle in the offing. you look at it year to date before today's slide, the biggest gainer versus the dollar, up 10.5%. then you have that big leg higher for today. joe: let's look at commodities, starting with gold oil. not a ton of action here. some of those traits doing well. bonds rallies going up a little bit. earlierd been weaker today. coming back a little bit. only down modestly. been getting hammered lately. let's look at a one-month chart of iron or. and obviouslyg concerning, one of these industrial bellweathers. it has done 15% in the month. i want to show cattle futures. i have been trying to show this chart for a long time on the show but we keep adding preempted by the health care vote. cattle futures have done very well lately. there is a scandal with tainted meat in brazil and people are concerned about the quality of meat. brazilian

africa? >> no, now he's in your green room. >> charlie: so he's watching this? >> unless he fell asleep, yeah. >> charlie: how'd that happen? >> that happened because when i went to the clinic in mongolia after i lost my son there was this person there who i connected with and we started writing to each other and at first it was really my life line because john, my doctor -- dr. john as i called him, was the only person who had seen what was invisible to the rest of the world. her is a mother with a baby who has died. we wouldn't e-mail about that night but it was a comfort to be interacting with someone who was there and saw that happen and then it was just a matter of chance. we just happened to connect beyond that. >> charlie: being in love is another some it took a while through e-mails and everything else. >> people would think it's not convenient if you live in new york for someone who lived in mongolia and worked in south africa but it was time for me to grief and fall in love. >> char