u.s. tariffs. business surveys suggest rising stress among small and medium-sized enterprises with the government expected to offer more support. bloomberg intelligence says market sentiments improved towards the end of the month after the u.s. and china reached a trade truce at the g-20. president trump is insisting he has not given up his campaign to put a citizenship question on the u.s. census form despite hadrts his administration dropped the issue after the supreme court ruled against it. he tweeted that any news of the commerce department abandoning andquestion are fake insists the administration is moving forward with the plan. under one million people have been told to seek safety as torrential rain continues to batter the japanese island of .iyoshi the government may issue an emergency warning only used for severe events that occur once in decades. the storm is expected to drop as much as 35 centimeters of rain in the coming hours. global news 24 hours a day on air and at tictoc

u.s. he is warning china wants a deal, but he has the final say. >> china is dying to make a deal with me. whether or not i will do it, it is up to me, not them. rishaad: let's go to tom mackenzie in shenzhen. do donald trump's tweets throw something in the works for these trade talks? were expectations so low in the first place that they don't matter? tom: we have seen this movie before from trump, throwing a tweet or commentary curveball into the mix. i don't know if it impacts what will happen behind closed doors in shanghai in the guest house. those talks are underway between lighthizer and mnuchin, the treasury secretary and trade official from the u.s. on the chinese side, the vice premier and the commerce team.er and their those conversations will continue. they had dinner last night at a hotel. of course, the gap between the sides is wide. we had commentary saying the u.s. needs to make concessions that both sides need to come together in order to forge some kind of an agreement on

the u.s. says it is working to form a military coalition to protect shipping waters off the coast of iran and yemen. elephant oh how everyone i'm come on santa maria and this is the world news from al-jazeera the diplomatic row between the u.k. and the u.s. continues president drum calls the u.k. prime minister foolish and the ambassador stupid. china demands the u.s. immediately cancel a $2200000000.00 sale to taiwan and how france's environmental ambitions will see travelers paying more to fly out of the country. so the u.s. says it is attempting to form a military coalition to protect shipping off the coast of iran and yemen they trumpet ministration has blamed teheran and its proxies for several attacks on tankers in the gulf in the past few months remember a 5th of the world's oil is traded through the area. i know they're a commander in iran's revolutionary guard issued a new threat against u.s. bases and aircraft carriers in the region saying they would be destroyed if they made a mista

the u.s. national team has dominated the women's game for decades a 4th world's high school proof of that but their success in france came amid a pay dispute with their own federation headed by this man carlos caldera even during homecoming celebrations earlier this month the calls for equal pay were never far away i the players assuming the federation i think gender and pay discrimination the federation having focused on supporting the team during the tournament has now responded in an open letter code terry said it's over an 8 year period the women were paid $34100000.00 compared to $26400000.00 for the men the reason unlike the men the women get a base salary of $100000.00 per year the men have to rely on bonuses alone their core dero admits these can be larger. the women's team has constantly been more successful than the men who failed to even qualify for the last world cup they say their requests to have performance based pay the same as the man was refused in a statement their spokesper

u.s. security sector assistance in afghanistan and was the project lead for the report we are going to be discussing here today, sector from security defense in afghanistan. serving as a proverbial long pole in the tent for u.s. strategy in afghanistan over the last 18 years. so certainly many lessons in best practices to be unpacked not only here today, but anchorage youtube dig into the report as it pertains to afghanistan and also the broader u.s. security sector enterprise. without further ado, i'm delighted to introduce mr. john sopko. john: thank you very much. for that kind introduction. it is a pleasure to be here. i want to thank my good friend, jon hamm rate, as well as melissa for today's invitation to discuss our sixth lessons learned report that looks at the divided responsibility for security sector assistance in afghanistan. i have been privileged to enjoy a long and strong relationship with csi s. . going back to its finding. thate continued relationship since i have been h

the u.s. and saudi arabia, and the dynamics between saudi arabia and other countries in the middle east. the middle east policy council hosted this forum. it is about two hours. >> i am pleased to welcome you to this conference. the topic today is the saudi arabia united states relationship. many of us have supported this relationship from deepening counterterrorism cooperation to championing women's rights. the challenge for each side is to reconcile cooperation, national security issues, while valueing very different systems. under the current leadership of both countries, these tensions have been brought into sharp focus. the nature of our military operation, human rights violations, addressing regional bad actors and more demand attention and likely change. these issues are ripe for review, and we are fortunate to have an experienced group of panelists today to delve into factors at play affecting the u.s. approach to saudi arabia, i relationship, and its future. today's turn to program, i

to criticize them the u.s. could stop the saudis from bombing yemen for example it could stop the u.s. aid from shipping arms clandestinely to various rebel groups but the u.s. chooses not to do so because it would run counter to the economic interests of the arms industry and the geostrategic planning of people in the state department and of course might interfere with the oral business the u.s. runs throughout the region. finally woman has been kicked off a british easyjet flight for wearing clothing that was too revealing. a 31 year old mother of 2 was heading home from her holiday in spain when a flight attendant that left didn't that are on board wearing miss the attendant said she needed to put a top i've seen 3 blankets but also a pool and say she complied with the request and still wasn't allowed on board having to spend the night at the airport as a result. i know the show my buddy the tome but i feel spontaneous as i wasn't home it made me feel so self-conscious the crew and mainly through cheap she s

u.s. curve is now below with the upper bound of the fed funds rate, which is worth paying attention to as well. what messages is the market sending? euro-dollar going nowhere in a hurry despite protestations from the president of the united thees that the europeans in chinese are using their currencies for competitive advantage. today absolutely flat. on that note, let's get the bloomberg first word news update with olivia hows. olivia: at the vatican, russian president vladimir putin met with pope francis. russian officials said the meeting would focus on syria and ukraine. tomorrow the pope is due to hold inks to discuss the conflict that country. british forces have seized an oil tanker allegedly carrying oil from iran to syria as a demand from the u.s.. there is growing concern that the 2015 nuclear treaty with iran is about to collapse. president trump warned iran not to increase nuclear a richmond. iran -- nuclear enrichment. iran has said that is what it will do if europe does not o

u.s. authorities plan an antitrust as growth in the eurozone shows signs of further shrinking, the ecb makes a key decision on stimulus. >> mario draghi made it clear the european central bank has one way to go and that is lower when it comes to rates. >> earnings reports, how fast -- continue to roll out fast and furious. >> we have been successful with pricing. >> the revenue pressure is not sustaining in the industry. >> it is the teflon company. >> from central banks to brexit, the week's top interviews. >> there is a certain small probability this could be dangerous. >> what is happening to the u.k. economy is not entirely driven by brexit. >> it is all straight ahead on "bloomberg best." hello and welcome. i'm juliette saly. this is "bloomberg best," your weekly review of the most important business news, analysis, and interviews from bloomberg television around the world. let's start with a day by day look at the top headlines. on monday, optimism grows on signals the u.s. and china

u.s. president donald trump delivers a speech heavy on pomp and pageantry while light on political messaging. >> together, we are part of one of the greatest stories ever told. the story of america. nejra: good morning and welcome to "bloomberg daybreak: europe." 6:00 in london and we are waiting for the u.s. jobs report. ahead of that, we've seen the 10 year yield it. to bond markets open after the celebrations. we got to 194 and our study at 1.95. futures come up .1% on u.s. equity futures. week, we hit records on the s&p 500, nasdaq, and dow. the dollar has been treading water the past few days. euro, it is continuing the uptrend since the beginning of june and all the action has been in the european bond markets. the tenure bund yield dropping briefly below the ecb's deposit rate beyond -40. the action in btp's has surprised the market in terms of the powerful rally. we've also seen greece's 10-year hit record lows. gold, there we are above $1400 an ounce. that is a point of discussion

the u.s. has announced a few asylum rules which seem to stem the flow of migrants crossing the us mexico border the rule goes into effect so in choose stay bonuses expected to be challenged in court the plan bloats migrants seeking asylum in the united states if they have traveled through another safe country 1st without applying for asylum there whatever those who have been trafficked will be excluded from the new rules are likely to affect central american family. he's in trouble through mexico to seek asylum in the united states the announcement comes as a court and guatemala bloke's president jim morales from signing a separate deal with the u.s. that would have designated the nation as a safe 3rd country mexico has also rejected the new u.s. measurements menorah polo has the reaction from mexico city there was pushback in mexico in response to that change in policy announced by the united states the asylum laws and i'll give you we need to talk about the context here if you were a migrant

u.s. justice department approves the merger of t.v. while and sprint bringing together the 3rd and 4th largest wireless operators on the race to build super fast 5 g. networks. and talk about temporary housing we visit workers now living in camper van communities close to their jobs. this is the business i'm on in berlin welcome u.s. growth failed to live up to donald trump's promises of a 3 percent gain last year the government says the world's biggest economy grew more slowly in 2018 than previously thought the commerce department downgraded its estimate from 3 percent to 2.5 percent the overall trajectory is upwards and consumer spending is buoyant but lower spending on buildings equipment and software led to a downgrade analysts believe the trade war with china created uncertainty. and it's probably doing so still and joining me now in the studio is our business reporter clifford coonan and our man on the markets. welcome to you both now both on the east let's start with the u.s. so tr

u.s. dollars. wednesday, it would be a fairly decent surprise if they cut more. off -- one person out with a column on the bloomberg saying he doesn't believe a two basis point cut is going to happen. let's check on the markets in asia with juliette saly in singapore. we have been watching hong kong following the protests. weakness in the hung saying index. index.hang seng luxury retailers, developers, casino stock under pressure today. also down. selling out of the futures market. analysts saying you should be watching the kospi through august because earnings could be an impact of that market going to the downside. we are seeing new zealand stocks higher. yields falling on new zealand bonds to a record. i want to show you some of the data we've been watching out of china, pertinent as we lead into u.s. and china trade talks. industrial profits down 3.1% year on year, reversing a 1.1% rise in may. industrial profits down -- you can see on the producer price index, also fairly flat for jun

the u.s. faces especially with iran, russia, and china. his remarks are 30 minutes. >> good evening, everyone. we are going to go ahead and get started with the programming. good evening to everyone attending in person as well as everyone watching online. i served as the program for public relations. i would like to present ron robinson as well as ron pearson, the vice president of the board of directors. yet america's foundation is the premier outreach organization of the conservative movement. in 2018 the la times called it one of the most preeminent and influential forces in the conservative youth movement. each year we introduce thousands of americans used to the fundamental conservative values we believe in such as individual freedoms, free enterprise, a strong national defense, and traditional american values. this initiative has tours and conferences. i have the distinct honor of introducing tonight speaker who is a longtime friend of the foundation. the honorable john bolton is serving

buthe u.s. decision to take away the program sets the afghans back but i don't think we have been transparent enough to say that isn't a result of the afghans but it's a position which we need to be transparent about that ticket that political will and commitment. it's to understand what our decisions do. to show them progress over time we also need to talk about in the u.s. military you are not going to have a lieutenant colonel or colonel in five to ten years so we are starting to see now is this next generation of the nato advised forces coming in to the fold to the positions and they are highlighted as the good news stories so i think we are starting to have some highlights we can show that say this is the outcome of long-term security, but i would argue that the new generation still it's too early to judge completely as far as the ability to do something. >> if i could add to that. if you read the report, the common refrain is to be honest to the taxpayer and more honest congress as to the

the u.s. the s&p 500 closed at the highest level in more than a week, up 7/10 of 1%. rising for a second consecutive session. we have some strong earnings coming from the likes of coca-cola, united technologies. not to mention lockheed martin. we also had investor confidence that a deal would be struck when it comes to suspending the u.s. debt ceiling. in the afternoon session, we got news that ambassador lighthizer could be going to china next week for the first high-level trade negotiations since may so that really spurred investor confidence. the dow gaining 7/10 of 1%. almost every sector in the green in the s&p 500 and hit higher by industrials and materials. the nasdaq gained 6/10 of 1%. although in the after hours session, u.s. futures down 1/10 of 1% so we will see how we are setting up her asia. sophie: asian stocks are eyeing a mixed start, while initial currencies will have a stronger dollar to contend with. cost speed resilience will be tested amid a murky outlook for the tech heav

the u.s. threatening the german concept of for example south korea japan while the u.s. wants everyone to join it's at the end of the day against china. you know this is a very important issue at the moment you know there is always a strong rhetoric coming from the u.s. in the person of donald trump but we have the world the traits trading system has changed we have global value chains companies can shift profits from one country to the other and then we have china as a very specific big global player with a state owned companies where competition is not really an issue so the europeans and the u.s. have to cooperate stronger in light of the state owned companies from china taxation is only one issue just to mention other issues like individual freedom security of data it is not very constructive sustainable if europe if the u.s. takes steps individually having china with a completely different trading system and not basically compatible in the long run with the competition oriented trading system and we haven't even mentioned china's tech behemoths weiwei. absolutely i

in the u.s. signs that president trump thinks he might have gone too far he's told reporters that he disagrees with the ugly chanting at a campaign rally in north carolina at that event trump repeated his attack on a group of democratic congresswoman who he branded on american and that's when the chanting started echoing racist tweets by trump the next day the u.s. leader try to distance himself from his supporters words. he steps out confidence and in no mood to back down donald trump was heavily criticized for his racist tweets against 4 democratic congress women but he's doubled down on his comments suggesting they should leave the country. thank you suggestion for the hate filled extremists who are constantly trying to tear our country down they never have anything good to say that's why i say if they don't like it a little leaves little i. love it don't believe it. and then this from his supporters. here are the targets of trump's attacks 3 of the 4 women were actually born in the u.s. you k

tohaps u.s. futures flat positive this hour as well. ♪ minute to go until the start of the cash equity trading day. as mark cudmore pointed out, we saw a turnaround in sentiment in the asia session. more positive because of the high-frequency data in china. maybe the monthly data was more so. we hear from jay powell. keep an eye on the 10-year yield. list of companies hosting earnings season. lots to talk about. s&p futures pointing higher. we are expecting upside. i mentioned chinese data. we're not seeing movement in oil prices, but we saw hair and or movements and steel movements -- iron or movements and steel movements. didn't look great versus recent history, but more frequent data as the resale -- retail sales looks more exciting. european futures pointing flat to positive. let's see if that is what is delivered this week. earnings season this week. we get a host of earnings from the banking sector later on. we turn to dani burger. she will take us through corporate reporting. the spanish

bob lighthizer, u.s. trade representative's and secretary mnuchin really tried to look them face-to-face to make it clear that the united states is very serious about the relationship in trade between the united states and india. believing that india has for too long a time enjoyed certain privileges that really should no longer exist given the fact it has developed as much as it has over the past few years. shery: were those trade relations getting in the way of president trump's strategy with india, the strategy in the hole of the asian region instead of trying to take the influx away from china? dr. moore: i think it's three-dimensional chess that is being played. i think you also keep -- need to keep in mind that next year, we will be in the u.s. very much engaged with the reelection efforts of president trump to gain a second term in office. so, this period of time is particularly critical because there is a great concern that although the u.s. economy has done it freely well, at the moment, it seems

the u.s. economy is doing very well. >> the u.s. consumer dominates in terms of the overall gdp number. >> headline gdp growth is in line with what everyone expect it. >> government spending data, quite strong. >> there is some upside risks to the economy. >> the consumer and the labor market side of things is looking good but manufacturing is under pressure. pretty significant dislocation between the industrial economy and consumer economy. >> it is the composition of the data that is worrying the fed. a furtheree deceleration in the u.s. economy going forward. >> ultimately, we are moving back toward a lousy trend. jonathan: joining me around the table to discuss is marilyn watson, bob michele of jpmorgan, and george bory. marilyn, you know how this works. you pick your bias, look at your data, and confirm the price. there is something in this for everyone. marilyn: that's right. the data was as expected, shows an economy that is still very healthy, decelerating to trend. it is above the fed's own expectations of long-term growth.

dollars the u.s. for a go to round about $4000000.00 that all sounds great until you look at what the men's well chapattis going to be in a few years time it is a staggering $440000000.00 u.s. dollars and we can hear now from the u.s. women's captain macon repeat that. it certainly should be more and i think. yes i don't even know how to answer that question but i think there needs to be a big investment in the women's game so maybe someone like god forbid we be overpaid maybe i could just maybe i could just happen like one time in the month you know it goes to their. research it's not just in the voicing her opinion she has a lot of support on her scene but also a social media does absolutely in the been a huge number of tweets so let's just have a look at some of them we've got one twitter user who's writing the u.s. w n t doesn't deserve equal pay now they deserve more pay than the u.s. men's national team because the women have won for well cops on the mend. $10.00 the women on champions and the m

u.s., treasury markets are closed. coming up, don't miss our coverage of the boston pops fireworks spectacular, it is a bloomberg special and starts at 8 p.m. new york time. so if you're watching from asia or europe, it's definitely worth it. let's get straight to bloomberg first word news. >> the tanks are ready to go and the fighter jets are set. all part of president trump's changes to the traditional fourth of july celebration on the national mall. the present will speak from the steps of the lincoln memorial and critics say he is turning the event into a campaign rally. president trump warned iran against stepping up uranium enrichment. iran says it will restart the model reactor if europe fails to offer economic guarantees by a july 7 deadline. the u.s. is hitting back on to the lawallenge that prevented from selling to federal agencies. they say it is designed to prevent china from gaining a strategic foothold in the networks of federal agencies. china has accused the british govern

the u.s. and government in europe have imposed sanctions on iran. the u.s. has left that accord. a year ago, president trump decided he did not want to deal with it. he has ratcheted up sanctions in recent months and the past year, but particularly in recent months. theinda: what could be implications of this action, especially given growing tensions between the u.s. and iran? jodi: they were really seeing growing tensions before the reaction. the u.s. and iran have been having an increasing war of words. there are even threats of military action even though president trump has said he would prefer not to go there. german,eally seeing the british, and spanish government that are still signatories to that agreement. they will start leaving uranian enrichment under that agreement. obviously puts that whole agreement in jeopardy. on the one hand, trying to stay in the agreement, negotiate with iran, but on the other hand, having to deal with the fact that the u.s. has been upping the sanctions and putting pressure on its european allies to do the same. haslinda: having said that, wh

u.s. indices hit fresh record highs on monday. will the rally continue if bank earnings disappoint the cash trade is less than 30 minutes away. ♪ >> expect a call on trade. steve mnuchin says he may had to beijing of trade talks aren't productive. this as europe's braces for u.s. tariffs on $7 billion of goods and legal aircraft subsidies. trading revenue will be the talking point for goldman sachs and jp morgan as they report quarter results. we will hear from the cfo, john shrewsbury. and buyers reprieve. the german company's legal payout over its second round up by $55 million by u.s. judge. there are some harsh words in that case. >> he called their behavior reprehensible. --ant to talk about bitcoin everyone has harsh things to say about bitcoin, from president trump to his treasury steve mnuchin, saying it is only backed by thin air. on can see it hit 12,000 friday and just dropped over the weekend, trading now a 10,700 between four dollars. one of the problems for bitcoin is that

the u.s. late market trading, we did see the sentiment recovery as president trump said he recently spoke to chinese president xi jinping. the s&p 500 fell three chance of 1%. the nasdaq down a quarter of a percent. interesting to see small caps outperformed large-cap sweet the dollar held near a two month high. u.s. futures gaining 1/10 of 1%. let's see how we are setting up for the asian open. paul: new zealand has been trading for a couple of minutes now. not a lot of action across the terminal at the moment. the index looking kind of flat. futures out of australia also looking at little weak. the ask hit a record high on tuesday. we do have second quarter cpi numbers out of australia later on. a data heavy day. nikkei futures higher by 1/5 of 1%. keep an eye on -- it slide tuesday afternoon on news of bad loans. mitsubishi, ufj reporting todayk, futures a little weaker as well. samsung is a big one we are watching out for. we will also have korea and doctoral production numbers -- industri

u.s. stocks down again, but the path remains elusive. police and protesters clash again in hong kong. u.s. authorities plan an antitrust as growth in the eurozone shows signs of further shrinking, they make a key decision on stimulus. >> the european central bank has one way to go and that is lower when it comes to rates. , how fasts reports and furious. >> we have been successful. the teflon company. , the week's top interviews. >> small probability it could be dangerous. >> what is happening is not entirely driven by brexit. >> it is all straight ahead on bloomberg best. hello and welcome. this is bloomberg best, your weekly review of the most important business news and interviews from bloomberg television around the world. let's start with the day by day look at the top headlines. monday, optimism grows on signals that the u.s. and china might be preparing to restart trade talks. could beiations restarting soon after a number of goodwill gestures by beijing over the weekend. that is ac

so far the u.s. has imposed customs duties on chinese goods valued at $250000000000.00 china has responded with tariffs on $110000000000.00 worth of goods and all $360000000000.00 worth of merchandise is affected by the trade dispute to avoid further escalation and chinese president xi jinping agreed to a form of cease fire at the osaka g 20 in june however heading into this round of talks there is little sign of agreement from either side. we spoke to china expert richard mcgregor and i asked him how likely it is that china will back down. i think they're settling in now for a long trade war they're not nearly as exposed to the us as the market as they once were they're not nearly as reliant on export exports as they once were now i think china is hurting it's chinese private companies which the exporters are hurting most china sort of premie our technology company our way is also under a lot of pressure but i don't think china thinks it will get much by giving away a way to the u.s. so they're real

the u.s. will lead on 5g. we will see what north korea does. how does this potential north koreabout change your objection here? rep. gallego: i object even harder. i think other corporations and members of congress should be worried about this. you --pe really tells this key national security issue. president is not understanding what could happen if huawei is able to have access to our technology market as well as our allies, and is trying to display one trade war against each other. we should not be trading access forhe 5g market for huawei us to go back to what we had pre trade war, for us to be able to sell products to chinese markets. this will have longer-lasting effects to our national security than this temporary trade war. emily: the leaders of these u.s. companies will say that the blacklisting of huawei has significantly hurt their bottom line. some of these companies provide chips, forrovide consumer-products that they say don't have an effect on national security. rep. gallego: t

he u.s. pulled out last year. iran has reached low-level limits. and is moving toward weapons grade material soon. >> we will take the next step. if you want to express regret, do it now. our advice to europe and the u.s. is to go back to the negotiating table. to respecting the resolutions of the un security council. all of us can abide by the nuclear deal. >> global meadows, 24 hours a day -- news, 24 hours a day. this is bloomberg. >> u.s. and chinese officials set to resume trade talks in the coming weeks. >> i don't know precisely when. they are on the phone. schedulinge face-to-face meetings. lots of communications. china's bring in our correspondent selina wang. what is the significance of this? what do we know? >> it provides detail how the countries are going to proceed with talks. sayingy upbeat tone, this is not actually trade war this is just a dispute both countries have. thoughing said, even trump and xi did reach this sort key differences do remain including the enforcement mea

u.s.-china trade talks are set to resume in shanghai, the first since discussions broke down almost three months ago two days of talks are scheduled to begin after presidents trump and xi reached a troop at the g20 although deep tensions remain. neither side seems willing to compromise. the u.k. is deploying destroyers to the strait of hormuz, which will operate alongside another royal navy ship amid heightened tensions in the gulf, this coming as i ran and european powers discuss the 2015 nuclear deal stop you may remember the u.s. abandoned it last year. plans toicking to its have big multinational tech companies in defiance of president trump's suggestion that he may impose retaliatory tariffs on french wine. the french finance minister says they are "completely different issues" and shouldn't be lumped together. president trump says he plans to nominate a loyalist as director of national intelligence. texas republican will replace dan coats, who announced he will be leaving the office

the u.s. labor market due at 8:30 a.m. eastern time the biggest economic numbers. >>> a run from risk. global government bond yields trading near record lows we'll tell you what that says about the economy around the world. >>> a warning. samsung expecting a drop in profits and it's blaming the u.s./china trade dispute that's coming up >>> shaken, a 6.4 magnitude earthquake rattling california, the strongest quake in two decades. >>> and trouble for big tech names out there. apple and facebook both experiencing outages over the fourth of july holiday it's friday, july 5th. "worldwide exchange" begins right now. ♪ >>> good morning welcome to "worldwide exchange." i'm dominic chu. brian sullivan is off today. here is how your money and the global markets are setting up. stock futures now pointing to a slightly lower open. the dow will go down by 38 points if these futures losses hold into regular cash trading you can see the s&p off by 5 points the nasdaq down by 10. the bond market right now

china, even u.s. or if u.s. and china trade tensions subside, it appears to us that it's very likely that the u.s. will be looking at markets like europe to go for them as well. it's politically popular for trump to embark on this route. support theartisan go against markets like china. yes, trade tensions remain very high. thanks for joining us. let's check in on the first word now with jessica summers. relations between the u.s. and iran have been further strained by the seizure of a tanker in the gulf. shipment washe halted north of the strait of hormuz because of a suspected smuggling of oil. pictures have only just been released. washington is demanding its release and says it destroyed in iranian drone that was threatening a u.s. warship. >> it took defensive action against an iranian drone which had closed into a very near distance, approximately 1000 yards. ignoring multiple calls to stand down and was threatening the safety of the ship and the ship's crew. the drone was immediately destroyed. jessica: t

the u.s. says it is working to form a military coalition to protect shipping waters off the coast of iran and yemen. hello from doha everyone i'm come all santa maria and this is the world news from al-jazeera the diplomatic route between the u.k. and the u.s. continues president drum calls the u.k. prime minister foolish and the ambassador stupid. china demands the u.s. immediately cancel a too.

u.s. stocks hit fresh records. ratesobius says negative should be sending investors toward em debt. he also weighed in on the fx manipulation debate. >> the currency weapon has been on the table for a long time after the chinese have used that weapon. manus: a warm welcome to daybreak: europe. let's tell you what is going on in the market. what is happening with the dollar? will we see a new form of fx wars? bloomberg dollar index, this is five days. we have been down three days in a row. is it slippage or selling? europe, slams china and both in terms of their foreign-exchange policy -- big currency manipulation game, and the question he poses. do we need to match or continue being dummies? what does that mean for the market? we will look at risk on and risk off assets. gold -- we just talked to mark mobius. everyone should have a little gold in their pocket. in the next fed rate reading -- cycle, the last cycle gold flew to the heavens. we will delve deeper. oil, a little slippage in the

the u.s. has just five weeks to rip out -- banneity equipment d security equipment. launching an investigation into france's tax plan potentially leading to more tariffs, but first, let's get to our markets close. u.s. equity markets really lifted throughout the session. at one point, the s&p 500 topped 3004 the first time ever, although we did get a pullback from those early morning gains with financials and also industrials weighing on the index, but of course, and narrative today was all about testifying with the house financial services committee. investors pretty much focused there, but we are not done just yet. chairman tomorrow, powell testifying in the senate. not to mention that we get ecb minutes and u.s. inflation numbers. we are seeing u.s. futures unchanged. let's see how we are setting up for the markets in asia. sophie: asian stocks are set to broadly track wall street gains, they areigher even as one of her broad trade battle with japan. the benchmark edges closer to a fresh al

they knew the u.s. was leaving. they knew the u.s. impact on their economy, but they committed themselves to allowing a rent to sell oil, repatriate its money, have shipping, have insurance, and we have none of that. they need to live by their commitment. if they don't, and we do not have a quarrel. we have a mechanism within the jcpoa, within the nuclear deal. we negotiated this deal with open arms without trusting each other. nobody trusted each other. that's why we have mechanisms that we reduce our commitments until they comply. once they comply, it can be reversed, but if we go beyond certain limits, the reverse would be much more difficult and much more costly. withe you continuing enrichment? >> yeah, we will continue with steps, and these steps are legal, in line with the agreement. we're not going to build nuclear weapons because if we wanted to build nuclear weapons, we could have built a long time ago. john: you're very clear on that. do you think you could build nuclear weapons tomorrow? >> very rapidly. had we wanted to b

u.s. approves a $2000000000.00 weapons deal with taiwan. sam is a that this is al-jazeera live from coming up after 4 years of fighting reports the u.a.e. is withdrawing some forces from yemen. donald trump calls the british ambassador to washington a pompous fall after the u.k. envoy says trump's white house was dysfunctional. running dry the drought could leave chile's biggest city without drinking water little more than a decade. china's foreign ministry is asking the united states to immediately cancel a potential sale of ons to taiwan the u.s. state department approve the sale of over $100.00 tanks $250.00 and crossed missiles and related equipment the deal would be worth around $2000000000.00 when haye has more from beijing. taiwan's military is built on equipment from the united states its main supply of arms announcements from washington of sales are always met by an angry response from china and this was no difference it's a crude interference in china's internal affairs and a har

the u.s. team may ahead to beijing for new face-to-face negotiations if talks over the phone go well this week. shery: later in bloomberg technology global link, we take a look at all the concerns around the facebook crypto push. why analysts say libra is fanning the flames for critics. first, let's get you started with a first check of how markets closed on monday the u.s. we have equity markets fluctuating between gains and losses, just the finish slightly higher. investors pretty much focused on second-quarter earnings. we had tech stocks leading the rally with the nasdaq up 2/10 of 1%. steel stocks gaining ground after white house advisor peter navarro talked about an executive order to have companies use more domestic steel and iron for federal contracts. pressure coming from the energy sector and financials. a mixed bag of earnings for citigroup which plans to kick off the second-quarter earnings season. trading revenue dissing estimates. citigroup leading the estimates. every member of

the 1st sitting u.s. president to visit north korea who would have thought the world's most militarized border to boot they shook hands again and talked him draw movement trump trying to revive denuclearization efforts that were clinically dead made some progress so we had to start small form teams to find common ground little things that could lead to bigger ones and spoiling everything and as is tradition now of those sanctions they're saying on memory or something or look i'm looking forward to take in what i don't like sanctions bring on his country i'm looking forward but the sanctions are millions but at some point during the negotiation things going to happen and that's what we'll be talking about promises promises it was sanctions the torpedoed the last summit and the state says trump until there is verified denuclearization progress however long that takes and that's what. bugs' north korea how can 2 sides have meaningful honest discussions when one of them is on its knees being strangled by the

for the u.s. financial services company capital one has revealed that the personal information of more than 100000000 people was still during a cyber attack at risk and names addresses and phone numbers of credit card applicants in canada and the u.s. including yours truly a suspect we understand was arrested on monday capital one says the hacker exploited a weakness in its systems that's how they describe it let's talk about that now here from our d.w. business stephen beard there stephen that's what they're saying one person has been arrested in connection with this right but this is as you correctly have said this is a case of walking in the door after the horse has left the stable right in this case this is something with a person who's rested the crime is the fact that this allegedly perpetrator broke in and took these files released them but obviously more crimes can happen with all this information that's out there and that's the biggest concern is that it's not over for people the fact is

the seizure of a u.s. flagged or u.s. operated vessel could be soon as some sort of a trigger point. don't forget, too, when you talk about signatories to the joint comprehensive plan of action, the u.k. is one. france is one. emmanuel macron had conversations with rouhani of iran. he was warning that france may have to take action if iran passes that nuclear threshold and continues to go down the road that everybody believes of developing a nuclear weapon. so even though those countries remain signatories to the iran nuclear plan, they have made it clear to iran that they're only going to tolerate so much before taking action. i thought i heard the helicopter going up, but it appears it's still on the ground. the president is still talking. so clearly we're going to hear a lot from him shortly. >> trace: when the president talks, we'll get back to you. john roberts live on the north lawn. state department correspondent rich edson is reporting live for us at the state department. rich, what are you hearing from there? >>

let's check in on u.s. futures ahead of the market open in new york after a seventh record high for the s&p 500, it is looking to open up at least 9 points higher the dow jones similarly looking to have a positive start to the day as is the nasdaq that is it for today's show here in london. i'm willem marx. thanks for watching. "worldwide exchange" is coming up in a few moments. when i was diagnosed with breast cancer, i went straight to ctca. after my mastectomy, i felt like part of my identity was being taken away. my team made me feel whole again. cancer treatment centers of america. appointments available now. cancer treatment centers of america. take prilosec otc and take control of heartburn. so you don't have to stash antacids here... here... or, here. kick your antacid habit with prilosec otc. one pill a day, 24 hours, zero heartburn. i was on the fence about changing from a manual to an electric toothbrush. but my hygienist said going electric could lead to way cleaner teeth. she said, get the one

news of a u.s. department spokesperson that the u.s. is stressing cooperation between south korea and japan. this comes after japan has restricted exports of three highly specialized products to south korea. traditionally, the u.s. has stepped forward in these disputes, especially when it comes to historical disputes between south korea and japan. the trump administration has not set anything as of yet, but a u.s. department spokesperson is stressing cooperation between south korea and japan. let's stay with geopolitics. yeartle after a president trump withdrew u.s. nuclear deal with iran. tehran's government has broken a restriction on its stockpile. how will the u.s. respond? i sat down with congressman mac thornberry, the chair of the top ranking republican of the house armed services committee, to find out what comes next. rep. thornberry: iran is trying to get european nations to back off some of the sanctions and hope by creating a crisis atmosphere, that they can divide the u.s. and our european allies and get some sort of relief

the u.s. shale boom because they may have to cut deeper and deeper when they need the cash flow? >> if they were a member of opec, they would be the third largest. for opec and saudi arabia, how long do they want to continue adjustment on their backs alone? they keep cutting and the u.s. keeps rising so, i don't think it's a discussion for this meeting, but if we're in the current price environment 12 months out, 18 months out will there be ary assessment they do want higher prices in the middle east, two thirds of the population is usually under the age of 30. they have a youth demographic they have to answer to. >> yeah. there's a lot more intrigue there as well. helima, thank you. we'll see you later on we have to go cool off here. those are the three main story lines. how frus ratsed is opec with the fact that russia and the saudis basically made the decision for them how frustrated is opec with the u.s. shale boom as well? what about iran? do they stick around we'll see if iran sticks aro

this is g w news live from berlin a u.s. warship shoots down and a rainy and drone in the gulf this is the ship the u.s.s. boxer president trump says the unmanned aircraft came close to the worship and was posing a threat what will that mean for the already high tensions between the u.s. and iran also coming up. next i disagree with. that trump tries to distance himself from ugly chanting at a campaign rally his supporters are responding to his repeated attacks on for it democratic congresswoman that is he is branded as unpatriotic and japan in shock as the death toll in the arson attack on an animation studio rises to 33 police have arrested a suspect but his motive remains a mystery. i burnt off it's good to have you with us we begin tonight with the u.s. president donald trump says a u.s. warship stationed in the strait of hormuz has destroyed an iranian drone which flew within a 1000 meters of the u.s. vessel of speaking during a meeting today with the dutch. mr moore trump said the unmanned craft had ignored many calls

u.s. liquefied natural gas as well as the competitive outlook for elegy. america natural gas production has literally change the game, we say that a lot around here about that, but, it has been a game changer. our production has started to the levels that many never even thought possible a decade ago. this in turn is boosting our economy as well as our national security. it is providing a long-term low- cost low emissions source of energy for our manufacturers and residential consumers alike. we have such a massive resource base and that we can send substantial values abroad. we are now leading the world and natural gas production, hopefully soon we will also lead in exports. mobile demand for lng, we know is increasing. more u.s. lng export facilities are coming online and more of our friends and allies around the world are building import facilities. for the first time since the 1950s we are now a net exporter of this abundant resource and our production is driving the formation of a glo