only last month sepp blatter met sepp blatter at the side lines of a sporting event and told the russian president that the world cup steering commit re disadvantages five stars, pore with russia holding the world cup. there's a lot at stake. f.i.f.a. said the alleges will have no are no impact as to the venue changes, boat with 2018 and in qatar in 2022. there's a lot at stake here. $50 billion, it is said is spent on the building of this world cup. 11 stadia across the country. it's an embarrassment for russia. we look forward to what will be one of the largest sporting events history. >> charles stratford reports from motorcyclescow. >> andrew woodward is a marketing expert and said spon seniors had been through cases like this before. >> i wouldn't expect to see sponsor pull out of f.i.f.a. at that time for the reason all of these companies have invested hundreds of millions over the last, you know, four, eight, 12, 20 years in football. so at the - at one instance, there's no logical reason to, you know, withdraw from the sponsorship. you would be wasting a lot of money. marketers a

sepp blatter: crisis? what is a crisis? >> sepp blatter might try to put on a brave face, but this crisis will not end his two decades of ahead of world football in his mind. some like it him as a dictator for life. >> you could call someone a dictator who has his hands on the reins like i do at fifa. >> since he took the reins in 1998, blatter has turned football into a global phenomenon and a profitable business. in just the past 12 years, fifa 's revenue has raised to more than $2 billion. it is the reason why some people say he should keep his job. sepp blatter: this is the work that i have done in the last years of fifa. >> he especially made himself popular in oceania, asia, and africa. a lot of the money that he earned has gone to those regions. that has benefited football, but critics say the patronage came at a price. blatter built up that bolstered his power and influence. opposition to him has grown in recent years and most recently in europe's uefa federation. it has not seriously threatened him. >> the criticis

even with sepp blatter back at the helm. i will talk with columnist in london, "inside world futbol." more in 20 minutes. we turn to other news -- isis appearing to be expanding its reach beyond the borders of iraq and syria. militants have taken over a libyan air base and civilian airport and claimed responsibility for another mosque attack in saudi arabia. chief u.s. security correspondent take is a look at advances of isis. >> reporter: this is isis on the offensive. in saudi arabia the terror group claimed responsibility for deadly bombing on a shiite mosque. the second attack in the kingdom in the last week. in libya, growing base of isis support. the group says it captured part of the civilian airport. and in baghdad, two massive suicide bombs on two prominent hotels. a shocking strike inside iraq's highly protected capital. leaving shattered windows, and ape rattled government. >> the regime in baghdad is -- is very much on the defensive. because of the gains that isis has made. in ramadi and anbar province. and in sy

zero at the moment for sepp blatter. now, the asian football confederation, the afc and the african confederation of football has both openly endorsed sepp blatter saying not once but on several occasions post the latest crisis. together, if you can see, if you do the math, they account for 100 votes. very important to note this here, that prince ali, who is from jordan, doesn't even sooep appear to have the support of his own confederation. now, we won't know which way they will vote. they haven't spoken on this yet. turning your attention to south america, they haven't officially backed anyone. however, this is the interesting point, in previous years, this region has been a strong hold for sepp blatter. i'm not going to add these numbers in. but you can see lr, if conmebol goes the way it has traditionally gone, that's another 10 votes for sepp blatter. finally, concacaf, they may be somewhat in a pickle given their president who has been suspended, vice president jeffrey webb, he's being investigated on corruption ch

blatter. >> the surprise announcement of the withdraw of the challenging to sepp blatter. which means that sepp blatter has now become the -- his taken on his fifth term in charge of the world football. let's listen in. we understand that sepp blatter is now going to step up to the podium and say a few words. in the last few days sepp blatter has been talking about the wave of arrest and corruption allegations, but he called in the run up to this election for unity and team spirit and it was surprising in some people's view that it went to a second round. so we're not sure what prompted ali hussein to drop out after the first stage. sepp blatter didn't initially get the two-thirds required for the first vote to be conclusive. but now with prince ali conceding, sepp blatter has been elected as president. there were 209 delegates, and it's quite a long and complicated arrangement, where they spent about two hours queueing up to vote in two different booths but this election has clearly been overshadowed by serious allegations of corruption made by u.s. prosecutors, and a num

blatter --fifa president sepp blatter. molly: they are talking about a sad day for the popular sport. florence: "the independent," sums up the emotion -- talking about the shame game. the greatest scandal in sporting history. quite harsh words there. in their editorial, they talk about how this is really a red card for fee for --fifa. they applaud the u.s., justice system for setting into motion what it calls a long-overdue cleanup of fifa. lots of papers are picking up on the fact that it is funny it is coming from the u.s., a country where soccer or football really is not that popular. in "the new york times" they also pick up on this detail. they are also talking about how this corruption really stains world soccer and i picked out a cartoon from a swiss cartoonist. he drew this for a swiss paper. it sums up the emotion you are getting in the press today. you see two boys. one is saying when i grew up i want to be a football star, and right next to him the bully says when i grow up i want to be a fifa official. molly: l

we'll find out if sepp blatter will survive. thank you. >> thank you. >> speaking of sponsors and f.i.f.a. made more than 175 million in marketing deals. today visa one of the top sponsors threatened to sever ties with the organization if things didn't change. jonah hull with more on the mounting pressure from f.i.f.a.'s sponsors. >> f.i.f.a. may learn in the billion dollar world of advertising, bad publicity can be the most expensive. the current corruption scandal threatens to rub off on f.i.f.a.'s world cup sponsors. they are not happy. this lenthy controversy has tarnished the mission and ideals of the f.i.f.a. world cup, says coca-cola. the company expects f.i.f.a. to address the issues it thoroughly. mcdonald's says it takes matters of ethics and corruption seriously, expressing concern saying it would monitor the situation. visa expressed disappointment and concern, saying it expects f.i.f.a. to take steps to address the issues failing which visa will re-assess its sponsorship. >> the tipping point may be the negative pub

and sepp blatter. the prince that wanted to be king of world football couldn't quite get the votes he needed and sepp blatter was due to begin a fifth term. >> i thank you that you accepted me that for the next four years, i will be in command of this boat called f.i.f.a. >> wednesday, zurich was where several f.i.f.a. officials were arrested. where headquarters were raided by the police. now they hoped the promise of a fresh start could win. the jordanians thinly veiled criticism of his rival. >> it is not a process, it is not about empowering wrong building our path and the way to the future must be led by transparency inclusiveness and accountability. >> reporter: plenty for the voters representing 209 associations with a two-thirds majority required to win. the total of 133 was short of that. the arrival decided not to carry the fight into the second round when a simple majority would have been fuf. >> 73 nationalists were brave. we did it for them. we don't want them to be in more trouble. so that

and sepp blatter felt there was a grand swell of support behind him. sepp blatter did pull out of an earlier public appearance here in zurich. but he has just arrived behind me now in the last few minutes for the opening ceremony of this congress. he didn't answer any questions, but he is here. he had an emergency meeting instead with the six heads of the confederations of world football which is where he met platini, interesting two members of the committee wouldn't be there, because they are being held in custody. >> so andy while it seems that his position is most likely secure, does prince ali at this point have any leverage to still be an agent for change even in his role as vice president? >> reporter: well he's likely to lose that vice presidentsy during congress. he was one of the -- i think the youngest-ever member on the fifa executive committee when he was voted on in 2010 but he has made it clear in subsequent years that he will not be controlled by blatter, and he is also not backed by his own presidents of the asian football confederation

. >> sepp blatter has one of support. regardless of the fact that yes, they knew that there may be some corruption allegations against sepp blatter. he says why has he not been mentioned. and the support for bld - f.i.f.a. says it's information up to 1973. it has been a euro centric organization. he went on a tour of 90 countries with pele in toe to galvanise support. africa has never been the same. ask anyone that follows politics. sepp blatter is the protege. when he came into power, he went on. he showed that africa had respect. he treated africa well and doubled africa's development by 40-fold. >>> on that point. obviously in the west he's perceived with skepticism. tell us about the difference which five made to african and other developing football confederations. >> the stand out was to bring the world cup to africa it allowed three african countries to bid for the process. apart from that. there's f.i.f.a. gold project where f.i.f.a. makes sure that african countries get access to pictures. development in terms of

perhaps in the west, sepp blatter and fifa is viewed with skepticism. tell us about the impact sepp blatter has had on football in asia. >> yes, good evening from sydney. certainly not just in asia but in africa as well, it's his real power base, it's been for quite a long time. fifa has really survived in many ways by giving these development grants that they hand out to individual associations regardless of your size. the smaller and poorer football association he throughout africa and asia up to a half a million a year, and they dole out their projects which go to building clubhouses to training pitches and stadiums as well. a lot of people find from those grants that they're targeted to specific nations. not every nation is in receipt of this money at times such as this. >> so how do people view then some of the scandals or allegations which have rocked fifa? has it eroded the credibility of fifa or sepp blatter? >> i think absolutely it has. i mean the last two or three days have been unprecedented really in the scale of scandal. and to compound ma

explain, neverq bet against sepp blatter. we should have the news conference up in just a couple of minutes. brendan: i do believe that the swiss move is interesting. looking at this 400 page report, voluntarily gave up, looking exactly at the 2018 and 2022 bids, in an unprecedented move those votes were held together. it enables both collusion. hasfact that sepp blatter done so much for switzerland. is very much about the vet -- ray open about the fact that they hide his home -- high salary, but he has done so much for switzerland and the fact with have decided that they have had enough. it really says that he has out state his welcome. olivia: brennan, thank you so much. we will be back with more on " market day." and on this shocking scandal. erik: it is not shocking. it is long overdue. olivia: see you in a minute. ♪ welcome back. it is time to get you caught up on all the market action around the world. ,et's head out to ryan chilcote who joins us from london. ryan: let me give you the lay of the land here in europe. e

for now sepp blatter provides the member associations with a hugely profitable company. a normal company just had seven top officials arrested and its hq rated, the ceo would be under pressure from the shareholders shareholders. the majority of people inside that hall do not see the need for change. >> andy richardson joins me live from sdmrur rich. thank you. >>> now, he has vowed to eradicate boko haram and rescue hundreds of kidnapped women and children as he was sworn in as knee nigeria's new president. that's one of the major challenges on his long to-do list. it includes land in the northeast, but buhari took cheers when he announced taking personal charge of the fight against the group and move the military command center to the northeastern city. now, he'll also have tackle huge economic problems thanks to a huge problem in oil prices that represent 90% of the country's exports and 70% of government revenues. he has pledged to fight the rampant corruption that impoverished nigeria aefr the years. he'll be expected to improve the electricity outpost, which is a na

do you think sepp blatter could be the next arrest? >> i don't know if he'll be the next arrest you don't know what will happen there'll be more twists and turns than a pretzel. at the same time sepp blatter is the end goal the end target of the u.s. justice department. even though attorney-general loretta lynch did not use of word sepp or blatter, she was pointed about the fact that is about uprooting 20 years of corruption and malfeasance in f.i.f.a. how long has sepp blatter been in charge - 17 years. behind the scenes from what i heard from someone that works over at justice, they called sepp blatter the white whale. being that he is their moby dick, and that's who they are on the hunt for. >> we heard from the chairman of the english football association, greg dyke saying sepp blatter will not see out his latest term and will be forced to resign do you agree. >> that's a cost preticks to make. it's hard to imagine sepp blatter finishing out the term. >> it's how hard it is between soccer and the body as a whole. all is pointing to

sepp blalt blatter we're told i being targeted. he is continuing to be looked at as far as the investigation. there have been allegations of corruption, so many times and so many levels of the way fifa operates its business. but the complaint many people have had, internal investigations no teeth. no punishment after the fact. though sepp blatter isn't being named now with his inner circle essentially being taken down. this has to carry potential. fbi, u.s., with more teeth than any fifa internal investigation. this certainly must carry a potential for real consequences. exactly. that's what's missing in all cases to date. the federal arm. heading into it. criticism of the fifa investigations has been that the swiss authorities haven't been involved. they're definitely involved this time. they are working with the u.s. justice system to get to this point. they really stepped up their case, the fbi after, of course, that controversial garcia report. the fifa internal investigation. into the corruption and wrongdoing surrounding thes

sepp blatter said he intends to help restore trust in world football. he was speaking for the first time since seven officials were arrested on corruption charges. the head of uefa says he asked blatter to step down. he said the majority of uefa members are expected to vote for jordan's prince ali to replace blatter as president in many a vote on friday. >>> and iraqi government forces backed by shia fighters are lat ling to retake iraq's biggest oil refinery from the islamic state of iraq and the levant. isil fighters hold large sections of the beiji complex in iraq's north. >>> all right. let's stay with our top story, that is of course the fifa corruption scandal. major international sponsors have threatened to pull their support from the organization. jonah hull has more details. ♪ >> reporter: fifa may be learning to its cost but in the billion dollars world of big brand advertising, bad publicity can be the most expensive. the current corruption schedule theretoening to rub off on world cup sponsors and they are not happy. this lengthy controver

africa has respect for fifa, and sepp blatter is the protege so when sepp blatter came into power, he simply went on to make sure that africa has respect and has treated africa well, and has doubled africa's development funding by 40-fold. >> thousands of people have seen violence as the government fights rebels there. many are blaming government force force burning their homes and killing militants. >> these men have just arrived at a camp for displaced people. they come from a village from across country. it happened on the road for 24 days. hiding in swamps during the day and only daring to walk at night in fear of government soldiers. they carry a friend who was too weak and sick. he died on arrival. >> he improved. he was even walking and talking. i went and looked for food. when i returned he had died. >> after days on the road, they have just arrived. this woman gave birth on the day after they escaped a village. >> they beat us and killed some people. after burning our homes we ran to the bushes. that's where i delivered my baby. >> he had to undergo surgery. doctors without b

all of them went to sepp blatter. why? because africa in organized programs to help youngsters and develop football all under blatter's watch. >> blatter' re-election could mean more funds for african footballing confederations. how much will benefit them is unclear. football continues to be played barefoot with an old ball. here skills set them apart. >> coming up in the bulletin brush strokes of change. why protesters in guatemala are blaming paid politics. >> right behind me is 83-year-old leo budwell she's carrying on a musical tradition of mississippi blues music. the question becomes after men like lee are gone, where does this music go from here. >> hello again here are the top stories on al jazeera. italy's navy has helped to rescue nor than 4,000 migrants trying to cross the mediterranean in the last 24 hours. they were found on 22 different boats. more than 70 people have been killed in northern syria after government forces dropped barrel bombs in two areas of aleppo province. 55 people were killed in the town a

boss sepp blatter is refusing to resign. he says he is not responsible for the corruption scandal seeing seven arrested on wednesday. and the majority of 209 national associations voting in the presidential election continues to back blatter for a fifth term. laurence lee reports. >> reporter: if you've been on the moon since tuesday night you'd assume the opening ceremony of the f.i.f.a. conference in zurich, there was nothing wrong. everywhere looking relaxed. not even sepp blatter could admit everything was fine. >> actions of those individuals bring shame and demand change and action from us all. we, or i, cannot monitor everyone all of the time. if people want to do wrong they will also try to hide it. >> reporter: sepp blatter's refusal to step down has come in the face of unprecedented criticism from many quarters. this was the u.e.f.a. delegation from europe arriving for an early meeting demanding that sepp blatter go. their candidate. prince ali from jordan will stand for president. but it's not known if he can get

sepp blatter has been at the help since 1998. the only other challenger prince ali from jordan. >>> jack worner has accused the united states of a witch hunt. the 72 year old left trinidad by ambulance on thursday complaining of exhaustion. he had been granted bail. hours later he was photographed dancing at a political rally in trinidad. prosecutors say warners solicited brides from the south african government to host the 2010 world cup. >> the country that bid for the world cup and failed a america. they are the ones who are angry, and [ inaudible ] witch hunt so to speak. you are going to see a link that america believes that they have some divine right to get the world cup, they don't believe that the country like qatar, a small country, a muslim country has the right to a world cup. >> they continue the investigation into possible corruption. this week's scandal has reignited anger over the way last year's world cup was financially managed. >> reporter: for many in brazil this is an example of everything that was wrong with

it looks good for sepp blatter. the only thing that will change anything today -- democracy within fifa will not do it. tom: if he wins, does he not speak to the u.s. and the caribbean and the europeans? brendan: it is already happening. what is interesting is what the europeans will do. i want to see what the european association is going to do. tom: let's go to top headlines. here is vonnie quinn. vonnie: it is not that item though. item 17 on the agenda today. european leaders more broadly say greece is not doing well enough. they want greece to overhaul its economy. until they get that, they will not make any deal. they hope for a deal by sunday. it is clear that the process has to speed up here in >> -- the process has to speed up. >> time is running short. with all of our progress, there is still a way to go. there is still some more progress to be done and some substantial reforms that need to be delivered. it is absolutely necessary for a good agreement. vonnie: greece has not said how it will pay the imf $1

blatter claiming a fifth term. ♪ >>> fifa boss sepp blatter is refuse to go resign despite the deepening crisis at football's world governing body. he's told the opening of fifa's congress that he cannot be held responsible for the corruption scandal which saw sefo visuals arrested in zurich on wednesday. the head of uefa which represents european football situations says he asked blat tore step down air. vote on friday will now decide if blatters gets a fifth term at fifa's president. a majority of uefa members are expected to back his only rival. jordan's prince hussein. but the russian president has defended blatter criticizing the u.s. for medaling in fifa affairs. lawrence lee reports now from the headquarters of fifa, zurich. >> reporter: if you have been on the moon since tuesday night you would be forgiven for thinking the opening if fifa congress in europe was nothing but happy. they organized a party with music and dancing but not even sepp blatter could admit that everything was fine. >>> this hat brought shame on football and demands action and change from us all. >> reporter

is saying no to sepp blatter. ♪ >>> this is al jazeera america live from new york city. i'm randall pinkston. a new report is out on the economy and so far the nation is off to a week start. the commerce department says the gross domestic product shrank in the first three months of the year. is this a surprise? >> it's not because this is the second revision, the second reading that we're getting on first quarter gdp, and with some of the data we have seen a lot of economists were expecting that the economy contracted in the first quarter. the gdp shrank .7%. the big drag exports those fell 7.6%. some temporary factors were behind that including bad water, and strikes disrupting activity at u.s. ports. but a strong dollar also dragged on exports because it makes american goods more expensive to buy abroad. meanwhile u.s. imports increased 5.6%. consumer spending rose 1.8%, but it marked a sharp slowdown from the end of last year and that matters a lot, because consumer spending accounts for roughly two thirds of u.s. economic growth. now that is the awful first quarter i

fifa president sepp blatter not indicted. u.s. officials refuse to say if he was cleared. >> they were expected to uphold the rules that keep soccer honest to protect the integrity of the game. instead they corrupted the business of worldwide sock r to serve their interests and to enrich themselves. >> now, five corporate executives are accused of paying the bribes. three from argentina, and in the process of -- extraditing them. >> former fifa vice president jack warner is among the indieted. four years ago, fifa suspended hem during internal corruption investigation. but eventually cleared him. warner was granted bail in trinidad on wednesday. he insists he is innocent. >> when i was with fifa i conducted myself under all practices. >>en a statement wednesday, fifa president, sepp blatter wrote the following -- quote. fifa's director of communications also tried to put a positive spin on the stunning arests. a positive spin on the stunning arrests. >> it is not good in terms of image. it is not good in terms of reputation. but i

mr sepp blatter step down from f.i.f.a. you could argue it was a good day. >> reporter: (inaudible) - that the election should be postponed. >> there's a u.e.f.a. meeting and we'll discussion what the u.e.f.a. position will be decided by all of us. >> reporter: what is your own decision? >> personally i think probably not. >> reporter: why not? >> i think another could win, and we have achieved what we came to do say goodbye to mr blatter. >> reporter: (inaudible). >> f.i.f.a. took a battering. it now needs a totally different leadership and therefore the most important thing for f.i.f.a. is that mr blatter, after many years, steps down and someone else takes his place, someone that believes in transparency and honesty. >> okay thank you very much >>> that happened in zurich. you're with the al jazeera newshour and we have more coming including the european governing body meeting to discuss the fall out from the f.i.f.a. arrests >>> plus - after the flooding is clean-up. crews face a massive task in houston. >> and stealing

the entire tenure of sepp blatter's reign. and even though she and others went out of their way to not name sepp blatter, it would be fool hardly to not assume there is some effort to have those who were arrested have this kicked up to to sepp blatter. who's arrogance, i think is going to prove to be his undoing. >> it's a time tested strategy for prosecutors. but speaking of those arrests, they come just one day before the presidential election in zurich. two candidates pulled out, leaving sepp blatter and the jordanian prince in the running. do you think the charges will impact tomorrow's vote? >> i think what is going to happen is that sepp blatter will be reelected and it will once again cause fifa to be the subject of international mockery, and erode its power, which will only pave the way for more problems for and set blatter. the prince is 39 years old, he is considered very young, very raw, so even in the best of kirks he would not be competing this and set blatter. that's why people have dropped out, because fifa's ac

sepp blatter has survived many scandals since being in charge of fifa since 1998. none of them have stuck so far and his message, opening ceremony yesterday, as nic said in his report, the same as usual. i'm not the one doing wrong things, i'm trying to reform the organization. stick with me. >> and he heard from the africa member there, the nigerian chief that he will vote for blatter still because they like what he's done for the game. blatter treats even the smallest nations the same as the biggest ones, natalie. >> so he may be able to hold on here. he certainly will have a fifa in chaos to deal with. and there is also the situation in the upcoming world cups. is there going to be any kind of vote for decision at this meeting about whether they will continue in the upcoming countries? >> it is not on the agenda for congress today as far as i'm aware but remember there are two separate investigations that sparked all these headlines this week. the one here in switzerland looking at the bidding process for the 2018 and 2022 world cups award, russia and qatar, mos

sepp blatter says he's aware there are more tough times ahead. the u.s. justice department is confident there'll be more arrests. the reason he is reelected is because he has wide support across the world and has given many member associations huge backing. he has to ashore them the good times will role. that will not happen. the organization will not generate cash if the top officials are arrested. >> good point. thank you for that. >> during that news conference. sepp blatter announced that indonesia's football association has been suspended. the domestic competition was cancelled because of a row between local government and football association. and it means that indonesia will not commence world cup qualifications but they are allowed to compete at the south-east asian games. south america had some senior football officials arrested in zurich casting a shadow over the copa america competition. daniel schweimler reports from san diego. >> there's not much signs on the streets. not yet. unless chileans express support for the choice of hotdog. with the

a will sepp blatter get the backing to survive? deal or no deal, greek leaders name a debt agreement. and as the g7 meeting continues in dresden, we will hear from pierre moscovici. welcome to "the pulse" live from bloomberg's european headquarters in london. fifa members will set a vote in elections for the next president of the football governing body. it follows drama in which several officials were arrested as part of a probe into corruption. support for sepp blatter appears to be weakening. in an exclusive interview, his former adviser accused him of "serious mismanagement." mark barton is outside the stadium in zurich where the vote will take place. what happened today? mark: i tell you what is happening right now. we are hearing that sepp blatter, the president, has asked for security to check the insides of the building, because protesters have interrupted the fifa congress. there's not just protests outside. behind me, we have palestinian protesters calling for the fifa congress to suspend israel. to suspend israel, you ne

. -- with sepp blatter. we have put pressure on the sponsors to get it out of qatar the slave labor death camp, and get proper clean, open elections. the next place should be america in 2022. genie: thank you for speaking with us, andrew jennings. let's go now to london, where queen elizabeth romanii gives her annual speech to parliament. it comes as a delicate time -- it comes at a delicate time where the conservatives in place are in power, and giving cameron has promised a referendum on the u.k. spot in the eu. queen elizabeth: my government will renegotiate the united kingdom's relationship with the european union and the reform of the european union for the benefit of all member states. alongside this, early legislation will be introduced to provide an in-out referendum on the membership with the european union before the end of 2017. genie: a major offensive has been launched on iraq's biggest province of anbar almost entirely held by militants from the islamic state group. they consider it part of the

where is sepp blatter. because, after all, the few hours, it appears to me between now and the opening ceremony of the f.i.f.a. congress, that is supposed to be in about six hours from now, is crucial in determining whether sepp blatter can stay on. i suspect that what he's likely to do now, which is what all politicians do in times of crisis, is ringing around as many as he can do see how much support he is going to be able to muster when the congress meets over the weekend to decide whether to give him a fifth term as president of f.i.f.a. you can see the bits of the block falling off the side that surrounded his sense of impen et rabilityy. u.e.f.a., as you said in a meeting now. they'll decide whether or not to boycott the entire thing, and there are people significant figures in european football suggesting that countries like spain, france italy and germany should potentially threaten to breakaway from f.i.f.a. entirely. separately major corporate sponsors big global brands who have given vast amounts

fifa's president sepp blatter is facing growing pressure to step down. none of the executives linked with fifa have been charged with wire fraud and. >> may have been exposebut it stressed there are no expected cases of infection. multiple saudi air strikes in yemen have killed 100 people. despite the strikes the houthi continue to control much of yemen including the capital. >>> the european union are asked to stay in 40,000 migrants over the years many are from syria and eritrea. the european union commission said the proposal is to relocate migrants fairly across the 28-member block. >> there is no proposal to relegate irregular migrants across the european union. we do not propose the fixing of quotas. it is a word we don't like. and we have never used. all this is about ensuring solidarity but it is up to each member stay to decide on how many persons they will grant refugee status. >> malaysia says they have arrested 12 policemen over the years connected with human trafficking. not sure whether they are connected with the graphies between malaysia

sepp blatter has won a fifth term as president of fifa, two days after u.s. criminal charges targeted his inner circle. nine officials are among 14 charged by u.s. prosecutors. there could be even more arrests in the probe for racketeering, money fraud -- wire fraud, and money laundering. the greek government says they can survive another week without defaulting on the imf. officials warn the window of getting eight is closing. the greek finance minister says he can scrape up enough cash to make a payment of $329 million due on june 5. the obama administration is taking one more step towards normalizing relations with cuba. the state department removed cuba from its list of state sponsors of terrorism. the move was largely symbolic. president obama had announced the move last night -- month, and congress took no action to block it. that's a look at top stories at this hour. the s&p 500 is posted its first weekly drop in four weeks, but that is not stopping this bull over here. tom lee is still with us. what do you do on a day like today, buy? tom: we have had

sepp blatter addressed the congress congress on friday morning. he says he still believes he is the best man for the top job despite calls for him to quit and he is facing a challenge from this man. europe's football body is backing his candidacy. and in a separate development as the congress was kicking off protesters briefly interjected they were calling on members to support a palestinian motion to suspend israel from world football that motion has now been dropped. let's talk to andy richardson live in zurich. what are we waiting for? and how much of a threat is batter under at the moment? >> well the vote is going to take place in the next hour or so. you would suspect in a city where just a couple of days ago seven top fifa officials were being arrested the man at the top of the organization might be feeling a bit of pressure but there is still a lot of support for blatter in that congress. of course the head of uefa has said he has urged the european countries not to vote for him. the voting process is quite archaic. one by one the associat

fee for president -- fifa president sepp blatter was reelected. we will hear from some experts. ♪ alix: welcome back to "bloomberg market day." x steel. the top story of the day was the reelection of fifa president sepp blatter for a fifth term. former professional soccer star jimmy conrad stopped by today. he discussed results with scarlet fu, mark crumpton, and -- >> there's a lot of corruption that exists. not only with fifa. if you are in it for a long time, you understand this is part of it. it is bad from a voter perspective. you are voting for two different versions of blatter, the man who doesn't have any idea or the man who is the most corrupt in the entire world. scarlett: a jordanian prince was also in the running, but with through candidacy? wast became clear he not going to win the absolute majority and become president himself, to spare everyone the next round. i surprise he got as many as 73 votes. my most generous estimate was 60, and he went far beyond that. e south american teams and central american teams, to do that. >> i was

sepp blatter is losing support. will he survive the corruption scandal? >>> a massive cleanup effort in flood-ravaged texas and oklahoma as residents brace for more rain. >>> and an anthrax square involving the u.s. military. the pentagon accidentally shipped live streams of the virus across state lines and around the world. ♪

we have heard a very defiant sepp blatter, but how bad is it? steve: there have been a lot of allegations about fifa wrongdoing, and people connected to it, but this is the first time have seen a prosecutor in the united states indict people in front of the whole thing. and they are making serious allegations that are back up by evidence that they have took forth in official documents. this is the real deal. jane: we had these sorts of allegations before, and investigations before. why is this different? steve: it remains to be seen how different it will be. it is different because you have the force of the u.s. justice department behind it. the question is how many of these folks who are not american citizens will end up inside a u.s. court room even for arraignment or beyond for trial. that remains to be seen. jane: what do you make of the u.s. involvement. we heard president putin saying that this has nothing to do with america. is he right? steve: you have american citizens, the american banking system involved. you have involvement by high-

the european soccer organization has called on sepp blatter to quit. handsmore money changing in china than the u.s. what's driving this record -- good afternoon from bloomberg world headquarters in new york i'm mark crumpton, here with scarlet fu. scarlet: u.s. stocks were at record highs, then have come down a little bit here. off by 64 points. .3%.&p 500 losing if you look at how treasuries are trading, it's a little changed day. the10 year yield stuck -- 30 year bond selling off a little bit here. we did have pending home sales that came in better than economist had -- economists had anticipated. a 12 year low over's the dollar for the end. -- for the yen. mark: let's look at the top stories we are following at this hour. there has never been a big deal in the tech industry. broadcom $437 billion in cash and stock. because of increasing production and design costs -- avago is based in singapore. om is the biggest maker of wi-fi chips. scarlet: tropical storm andre poses no threat to land. to specter to strengthen and could become a hurricane by lat

sepp blatter is losing support. will he survive the corruption scandal? >>> a massive cleanup effort in flood-ravaged texas and oklahoma as residents brace for more rain. >>> and an anthrax square involving the u.s. military. the pentagon accidentally shipped live streams of the virus across state lines and around the world. ♪ >>> this is al jazeera america live from new york city. i'm stephanie sy. new fallout from the u.s.-lead investigation into corruption in fifa. the governing bodies in europe are calling for sepp blatter to step down. the president held an emergency meeting today about what to do next and europeans say they were clear. >> translator: we went to his office and renewed my advice to him to go and that he should resign. in that he should realize the moment was not a good one, and to have the courage, honesty and grandeur to realize it wasn't good. he said michelle we know and like each other, but it's too late. i can't leave when the congress is starting this afternoon. i said mr. president, that's a shame, i think it would have been

this is the opening ceremony of their get together in zurich led by defiant boss sepp blatter. we or i, cannot monitor everyone all of the time. if people want to do wrong, they will try to hide it. but it falls to me the responsibility of the organization and to find a way forward. >> blatter, thought likely to win a fifth term in office on friday is refusing to go despite calls for him to step aside. >> the noirningt for f.i.f.a. is -- important thing for f.i.f.a. is sepp blatter steps down and someone takes his place who believes in transparency and honesty. >> translation: i feel insulted i feel disgusted and am sick of it. enough is enough. i can tell you tomorrow that the election. president, a very large majority of the european national associations will vote for prince ali >>> he is the european preferred candidate. it's not clear that he'll get enough votes for the support that sepp blatter enjoys in malaysia and asia. f.i.f.a. is hitting back that it paid $10 million in bribes to secure the 2010 world cup. we did not share part of your resources with criminals. i'm s

sepp blatter not among those being charged. but from what we can see here, essentially everyone within his inner circle is charged in some way. how then, considering the potential of this coming from the fbi, coming from the u.s., how could this impact his chances, at a fifth term, in these upcoming elections here. is, would you expect him to still win? >> well i really think what depend comes out late tire day frday -- later today. [ indiscernible ] >> now we are awaiting the news conference in brooklyn, from the fbi offices there. what details then are you interested to find out because as i mention fifa's reputation before this was pretty lackluster, what do you think will be crucial details we'll want to know? >> well i think the most important thing obviously is know the evidence against the people being arrested. that will lead specifically to the issues. [ indiscernible ] fifa did hire an american attorney to investigate it all. but he quit last autumn in frustration basicly. the report he produced have been buried. >> w

>>> critics slam sepp blatter's re-election as a step back for fifa. more on the promise for football's most powerful man to clean up corruption in his organization. >>> the tentacles for isis reach farther into libya. militants claim they seize an airport as they claim responsibility for bombings in the middle east. >>> and the u.s. takes a step for normalizing relations with cuba. i'm george howell, this is "cnn newsroom." >>> welcome to our viewers in the united states and around the world. we begin this hour in zurich, switzerland, with all eyes on fifa, the most powerful man in football, sepp blatter has won a firm term as president of that organization, despite two corruption investigations. blatter defeated jordan's prince ali bin hussein who was his only challenger on friday. but the questions still remain as to how much blatter may be connected to the scandal as the investigation gets under way. for his part, though, blatter promised to the delegates at the group's world congress in zurich that he will do his best, quote, to clean up the organ

current boss sepp blatter is refuse to go resign despite calls for him to do so. this all comes after sefo visuals were arrested among 14 indicted by the u.s. on corruption charges. >> we, or i cannot monitor everyone all of the time. if people want to do wrong. they will also tried to hide it. but it must fall to me to be the responsibility for the reputation and well being of our organization and to find a way for. [ inaudible ] >> laurence lee joins us from zurich with the latest. so let's talk about the vote that is anticipated within in the next few hours laurence. numbers stacking up for blatter? >> reporter: well, it looks very much i think at the time, as though blatter is going to be reelected. remember out the voting system works, 209 votes potentially two rounds of voting, if one of the two candidates, either sepp blatters or his uefa-backed opponent prince ali of jordan, gets two-thirds of the vote, that's 139 or more in the first round, they win. but if neither get that in the first round there is a second rounds and that's a straight majority what, m

. >> sepp blatter defiant as the corruption scandal engulfing f.i.f.a. rumbles on. >> and i have all the sport, including we'll find out from africa why f.i.f.a.'s president is so popular across the continent. details later in the programme. >>> hello, there a warm welcome to this hour of news. a massive rescue operation has taken place in italy during one of the busiest periods for migrant traffic this year. more than 4,200 people have been saved in the mediterranean in just the last 24 hours. they were pulled from a number of boats from rescue teams from italy, ireland and germany, the latest development in a growing crisis. since january, 1,800 people have died or gone missing, making the perilous journey. >> reporter: in the middle of the mediterranean sea, this was a scramble to stay afloat. a desperate scene repeated many times over. a german frigate was involved in this rescue where hundreds of people were picked up from different boats. among them the very young. and few can imagine how this mother might have felt being reunited with her little b

. ♪ >>> hello, there are calls for sepp blatter to resign. seven executives were arrested in switzerland on wednesday morning and are expected to be extradited to the u.s. they include jack warner and jeffery webb, the former and current presidents of the north american regional body. the suspects are accused of pay or receiving bribes of more than $100 million. in return for lucrative sponsorship deals. switzerland has begun its own criminal investigation into money mismanagement, specifically relating to the world cup wins of russia and qatar. >> reporter: swiss police arresting officials from football's world governing body. they are suspected of bribery totaling more than $100 million and face extradition to the u.s. the case is linked to commercial deals dating back to the 1990s for major football tournaments in the americas. 14 people have been indicted they include fifa vice president jeffery webb the head of north american football governing body, his predecessor, jack warner former south american football heads, and the chief of braz

david cameron said sepp blatter has to go. ini, the head of the european football association, says that he has to go. these are not things that you said in public. went on bended knee to sepp blatter four years ago for the world cup to come to the u.k.. beckham, david cameron, and prince charles. get thet to zurich to gains. for him to say this now, there has been a shift in power. money and politics. i know you will stay with us throughout. much more ahead. coming up in the next half hour, in silicon valley, virtual reality is becoming a hot topic. how companies from google to go pro are getting in the game. betty: it is game on at the world's largest poker tournament. whether the world series of covert can deal biggest casinos a winning hand. many traders were still in school the last time the fed raised interest rates. how young guns may act once the fed pulls the trigger. betty: sentencing this hour for the mastermind of the silk road. he faces a minimum of 20 years in prison for prosecutors are asking for more. was convi

could sepp blatter's name appear on that list of indictments? this time, it's still an open question, george. >> our senior international correspondent nic robertson, live in zurich. nic, please stand by for us, i just want to recap for our you'res who may just be joining us, we awaiting a live news conference set to happen any moment now in zurich, switzerland. the fief fifa president sepp blater is about to speak. when we get information about when that will happen we'll go back to nic. >>> the u.s. has officially removed cuba from its terror list. this move will warm relations between the two countries. but it's also the major road block, the last road block to embassies. cnn's patrick oppmann reporters on the other changes yet to come. >> reporter: in a major shift in u.s. policy, cuba will no longer be included on the united states' list of countries that support state terrorism. for over 30 years cuba had essentially been blacklisted. according to the united states, cuba's support of revolutionary and terrorist groups around the world with

. >>> hello, the president of football's governing body sepp blatter has cancelled a speaking engagement in zurich. 24 hours after seven top fifa officials were arrested. they are among 14 indicted by the u.s. accused of corruption. criminal proceedings have also been opened relating to the awarding of a the world cup tournament to russia and qatar in 2018 and 2022. blatter, who has been named in either investigation has said such misconduct has no place in football of the european body you i've a will meet later on thursday to decide whether to boycott the fifa presidential vote which was widely expected to grant sepp blatter a fifth term, key response ors have expressed serious concern over corruption scandal. coca cola saying the investigation has tarnished the reputation of the world cup. fifa's chief medical officer has just addressed that conference in zurich, offering a message on behalf of press sepp blatter. >> president blat air apologize not to be able to come today because of the terrible incidents you have probably followed in the media. so he has to fulfill his duty in the