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matt? matt: thanks for that. up next, buckle up. the week is shaping up to be one of the most significant and recent political -- kurdish history. it's crunch -- british history. time.runch we look at the risk as boris johnson's opponents try to stop a no deal brexit. this is bloomberg. ♪ matt: welcome that to bloomberg markets. this is the european open, matt miller in berlin. we are still seeing equity indexes climb on this labor day holiday. at least, it's labor day in the u.s. right now. you won't see those indexes open until tomorrow. but we do see gains in europe today. set to be an eventful week as u.k. lawmakers return to parliament. boris johnson faces pressure from the labour party, which presents deal. boris johnson has suspended parliament until september 12. they will meet tomorrow until then. simon french is still with us. what do you think about the odds of a hard exit now -- heart brexit now? simon: rising. i have been reluctant to try to put a quantification on that, for the simple reason it gives an impression th

matt: thanks very much. anna: mark, think spree much for joining us. barry much for joining us. reach out to was in the markets life team. -- markets live team. i'm here at the labour party annual conference, off to a rough start. jeremy corbyn is struggling to keep his party together. senior members demand an unambiguous brexit stance. joining me now is the director general of the british chambers of commerce. good morning to you. many businesses quite like an unambiguous start. what do you make of the most recent suggestion from jeremy corbyn that the policy is neither leave nor remain at the moment? it is all about getting a labour party brexit deal negotiated with brussels. >> for businesses, this is all about getting an outcome. the process has been going on for three and a half years. we have seen twists and turns from all the main political parties. businesses need clarity. they need certainty over what is coming. they need to know some basic things about the trading conditions. i think they want all

matt? matt: naomi there. a crisis,son faces the prime minister cutting his trip to new york short after the u.k. supreme court ruled he had broken the law by suspending parliament, really advising the queen to do it. our reporter joining us from westminster. what have we seen? les, -- yes, let's take a look at that. boris johnson on his way back from new york. we will start the sort of probe rexitthat's -- the pro-b side, and this is also involving lady hale. it was explained to me that this was a reference with some of the members on the team helping me out. i was not entirely clear on this. playing it straight, the prime minister flies back to chaos, and we will see the house of commons and house of lords doting, 11:30 a.m., and we not know yet when we will next year from the prime minister, but, of course, we are awaiting that. and to go to the remain side, they are chronicling the history of vermeer ships that have been short. they mentioned -- the premierships that have been short, former prime minister'

matt: i'm matt miller in berlin. we want to check in on the markets in asia with juliette saly in singapore. juliette: they're starting to give up a little bit of their gains in the latter part of the session. we have seen the boj trim purchases in that key 5-10 year bond market with that is the fourth time in six weeks that we saw that happen. upgrading taiwan stocks today. the hong kong market up by about .10%. ateresting data suggesting lot think it will recover by the end of the year. the csi 300 slightly weaker down by about .3%. let's look at volatility in china. about 19 calmest in months, since february 2018. investors have had a lot to digest of late including the trade war. the holiday has added significance in terms of the national week holiday. suggesting we have seen a little bit of intervention there to calm the volatility in markets which is the lowest we have seen since february 2018 on the shanghai composite. nejra: thanks so much, juliette saly in singapore. here is annabelle in hong kong with the b

matt: exactly. nejra: the number one concern for the public, and our previous guest said, even some conservatives and political elites are on board with this. the question becoming, how it appears? is it an extension of current emissions trading schemes? do we see a carbon tax having an effect on german companies? some headlines coming through from rbs. big headline. rbs naming allison rose as ceo. there was a lot of speculation this is what could happen. rose has already been in another role at rbs for quite a while. now we have a female ceo and a female cfo at rbs. the cfo being katie murray. this headline crossing the bloomberg, we will get you more details as soon as we can. some data breaking in germany as well. more fantastic that we see women in these roles outside of germany. you don't see that very much, certainly not at the banks or the important carmakers. let's take a look at german -- speaking of this country, the producer prices actually rising from a year ago. 0.3%, still better than

matt: i'm matt miller in berlin. let's check in on the markets now in asia. for that we go to singapore with juliette saly. juieliette: it's a mixed session. cautious trade in asia. news that china and the u.s. are struggling to find a plan date sitet -- planned date to down for the next round of talks. a little upside in japanese stocks in late trade. hong kong under pressure for a second session. pboc setting the yuan rate stronger for a 10th day in a row , but still weakness in the onshore currency. australian stocks are being hurt by a bit of weakness in energy players. let's turn to the rba. they left the official cash rate on hold. the governor and the board are signaling they are taking this wait and see approach to see whether or not the tax relief spurs through to the economy and these already low interest rates will have an impact. we've seen an uptick in house prices in the key market of sydney. the question is whether or not the lenders will pass on the already low rates. the standard housing rate at 5.2%, well above the rba's cash rate of 1%. the

matt: i am matt miller in berlin. let's get an update on the aramco attacks, saudi arabia says it is iranian missiles, and the strike came from the north. officials did not elaborate, but added the attacks were sponsored by tehran. president trump says new sanctions against iran are coming. plentynt trump: there is of time to do dastardly things. it is easy to start, and we will see what happened. wherelet's go to riyadh yousef gamal el-din joins us. international diplomacy going on, what can we assess this afternoon? yousef: it has been a tense night. a lot of details and images and video describing what they say is evidence that links a lot of what happened with the saudi aramco facilities back to iranian sponsorship. the people i have been speaking to make the point that what was not made clear in this announcement is direct iranian as strong as some expected it to be. it leaves the kingdom some diplomatic wiggle room. we expect to hear more from the united states. we did get lines from the u.s. secretary of state

i am anna edwards alongside matt miller in berlin. matt: how hawkish was jerome powell? the u.s. yield curve flattens after updated projections. futures point to a negative open in europe and on wall street later. cash trade is less than 30 minutes away. anna: take it easy, the fed cuts rates are the second time this year, but jerome powell says only moderate policy moves are needed from here. down, a more turn extensive sequence of rate cuts could be appropriate. we do not see that, it is not what we expect, but we would follow that path if it became appropriate. anna: the fed also plans a cash injection to tame the repo markets. sticking to its guns, the boj calls for an october review after leaving policy unchanged. investors look to the bank of england for their interest rate decisions later this morning. a half-hour from the european open. treasuries, let me trim this chart down. we have come back down from the fridayike we shot up to my currently trading at 1.70% after jerome powell's press conference. we see futures pointing to a negative open in europe. on the s&p more te

matt: will we get that? it's now been a couple months and zoloft schultz -- since olaf schultz was in the studio. he continued to say, when i asked about a stimulus package, the labor market is great. there are not enough workers to hire. is berlin going to wait until people start getting fired before they start spending money? moment that, at the seems to be the case. we haveultz has said, the firepower and we can do something. he hinted at a number of 50 billion for potential fiscal stimulus the german government could spend. pend --lso said, and has also said, in their view it is not the time to spend it, and they will hold the firepower of her things become worse. now -- for when things become worse. now, a lot of investors think that by the time germany has entered a recession and we face more unemployment levels, which at moment are historically low, but if we wait until we have higher unemployment rates, it might be far too late for fiscal stimulus. startedhasten to add, i work 20 years ago in that bu

anna, matt> matt: thanks very much. annmarie hordern with a look at some of your stocks on the move. up next, low rates are making trouble again. norway's sovereign wealth fund is having trouble and in search for returns. we will hear from our exclusive interview with its ceo. this is uber. ♪ -- this is bloomberg. ♪ ♪ matt: welcome back to "bloomberg markets: european open." right now we are 22 minutes into the trading day. we are looking at gains in europe, a bit of a drop in the u.k. as the ftse is off 7.5 points. let's turn now to central banks. new york fed president john williams says that although manufacturing is weakening, consumer spending in the u.s. is still robust. they arewarned that now caring much of the weight for growth going forward -- carrying much of the weight for growth going forward. fed officials remain divided on the need for policy intervention. the prospect of further easing and a downward path on rates sent european bond yields below zero. the ceo of norway's $1 trillion wealth fund say

i agree with you, matt. when you have half the country that doesn't show up to exercise our right as american citizens, one of the most powerful things that we can ever do is vote. when you have half the country that's just disengaged or turned off or doesn't want to make the time, i think that is the real crime here. is it a waste of time to reach out to people? no, you might get them to the polls but you can't control how they are going to vote. i get excited when i think americans are going to go vote. >> kennedy: a couple of things. one, i don't think any party should exclude themselves from going after a certain group of voters. second, you should necessarily always group voters, because the personal economy is always a key issue. workers in new mexico have to listen to the president's message about energy. being pro-energy and seeing the energy comes the global energy instability, if they can create that stability in new mexico, that is going to be more of a reason to vote for president that's going to

matt: i'm matt miller in berlin. this is "bloomberg daybreak: europe" and these are today's top stories. a snap. edges toward election as the house of commons takes control of the agenda in a bid to block a no deal brexit. >> it means parliament is on the brink of wrecking any deal we might be able to get. matt: dissent everywhere. the trade war bites as u.s. factory data plummets. eric rosengren says the fed doesn't need to ask yet but if market disagrees. as ecb bond buying divides opinion, we will hear from christine lagarde. how are yields impacting the world's biggest sovereign wealth fund? we will speak with norway's yngve slyngstad exclusively. nejra: welcome. in the u.k., we are waking up to increased general election risk with orest johnson suffering a defeat in terms of his brexit plans the globally, the data out of the u.s.. very disappointing manufacturing data out of the u.s. our first guest points out it is not really a huge part -- manufacturing is no longer a huge part of the u.s. economy. nonetheless

matt: scheduling difficulties. chinese and american officials failed to agree on a day for their next meeting. rebalancing the numbers. m&s looks seter to drop out of the ftse 100 for the first time in years. welcome to the european open. less than a half-hour away from the start of cash trading. i'm looking at the pound. this goes back to the beginning of 2017. i see the pound coming down, continuing to drop down to 120 01. keep in mind, it has not closed below 120 for many years. just didn't down below there. we are watching closely. look at futures. futures, wec, dax are looking at a mixed trade right now. cac futures are marginally off. decks futures fractionally higher. -- dax futures fractionally higher. european futures looking better than a mixed asian session. markets come back from the labor day holiday. a little bit of catch-up on negative trade news. we are so focused today on the but it doesxit, look like it is still trade driving the equity movements, driving markets. would you agree? >> absolutely. e

i'm matt miller. with the fed and other central bank officials divided, public comments are being closely scrutinized. investors are looking for signals on the fx call of money market rates. that is after eric rosengren said u.s. monetary policy is already accommodative and further stimulus is not needed. there's a host of speakers we will be monitoring today. catherine doyle is still with us. i was showing a chart that said that showed futures earlier. a pullback in terms of expectations around rate cuts, pricing one by the end of the year. , we love it when viewers interact, he said it has distorted the fed fund future signal so much that it is not a useful number and will not be until markets calm down. saysou in the camp that the u.s. economy is in an ok place right now so no rate cuts are needed? >> we think to some extent this discussion about one rate cut, two rate cuts is by the by. it's not going to make that much difference to the prospects for the u.s. or indeed the global economy. -- we sa

matt: thanks very much. bloomberg deals reporter talking to us about the ipo difficulties we have seen in recent days. up next, saudi arabia opens its doors to tourists and seeks to be a top-five world destination by 2030. the kingdom's tourism minister. this is bloomberg. ♪ anna: so if you are not put off and you feel like flying. your not put off by all about flight shaming sticking to the travel theme, saudi arabia will allow easy access to the kingdom for the first time ever. exempting them from the strict dress code that has been a hallmark of the society. the chairman of the commission for tourism and national heritage told bloomberg how the country will change. plan for 100 million visits from 40 million today and to become one of the top five destinations globally. jobs or thering contribution for jobs in saudi arabia coming from tourism from 3% today to 10%, the global average. >> let's talk about the investment opportunities. obviously, foreign investors are interest. what kind of investment oppo

today, matt. matt: by the way, you're right to assume its berkley group because it's spelled with an "e'", but the british pronounce that as if it was an "a", and steve right there, perfect timing, stop brexit. brexit. the pboc said it would cut the amount of cash banks have to hold as reserve to the lowest level to the triple cut, lowest level since 2007. inning us is the cio wavered -- at waiver 10. what do you think at that cut, especially in the light of the ecb and the fed? others cuts going to boost global growth? guest: i certainly think they will boost global markets in the short-term. there's a lot of question marks about how they will boost growth with massive monetary stimulus, negative interest rates, et cetera, but they will be likely to do more of that. i think the fed is the most important. but china's move is another stimulus. they've done others so they're trying to stimulate the economy at a time where indications are the economy is suffering from the trade war. i think it will b

matt, anna? matt: thanks very much, looking at the stock movers. up next, equities close-out the third quarter with a whimper, not a bang. how are investors positioning to close out the year? we'll talk strategy. this is bloomberg. ♪ anna: welcome back to the european open, 22 minutes into the trading day. looks like we were going to be fairly mixed. that seems to be what we got. we got some of the markets going downward, 10 1/10 of a percent or so. politics to the fore. please take a moment at local equities, ending the quarter with a whimper, 20 basis points through today. european stocks have been able to eke out again, but investors are paring for a volatile -- preparing for a volatile and. peers bloomberg's dani berger. dani: the most port thing to keep in mind, european equities outperformed this program -- quarter a 2% gain, beating out all the other developed market peers. but do not let that return through you -- fool you. investors are positioning themselves very defensively. it's the most popular smart beta style out of any in the thir

good morning, matt. matt: let's take a look first off at the 10 year yield coming down a little bit, but still a 1.76%. a lot of choppy trading over the last couple days in this week of huge central-bank announcements. it has left us pretty close to where we started. 1.8%. we did spike to 1.9. at least we are below that. take a look at the equity indexes here this morning. i wonder how the pound moves are going to affect the ftse trading this morning. dax and cac futures are down 0.1%. ftse futures down two thirds of 1% as the pound jumps up against not only the dollar, but the euro as well. what else do you see in the gmm? anna: really interesting on that point. at four: 30 yesterday afternoon, as equity markets were closing up, we saw that spike in the pound. all those comments from jean-claude juncker. will that have the negative correlation with stocks? or will this be seen as risk positive? we will get into that with our guest a little bit later on. let's talk about the asian session. india at the t

matt: good morning from berlin. this is "bloomberg daybreak: europe." i am matt miller. nejra: i am nejra cehic. treasury yields and global stocks higher, and the u.s. stocks report from jay powell maintain the momentum. reddish opposition parties -- the prime minister says he does not want a brexit delay. >> i would rather be dead in a ditch. what is the point of a delay? it is fatally pointless. deutsche bank will cut dozens of roles in its global fixed income division. matt: good morning. what incredible moves in the market yesterday. it was not about equities, it was the climb in yields that took traders' breath away. we see the 10 year yield, 10 basis point move from 146 to 156. nejra: that was the biggest jump since january. any paradigm shift and markets, or to do with positioning. matt: we could have seen people , yieldsd of themselves fell quickly and fast. stocks took a hit in august. what happened overnight in asia, stocks gained yesterday in the u.s. that carried through to asia, and you still have s&p futures positive. people taking and putting risk back on

this -- matt? matt: thanks very much. now let's talk about luxury carmakers that are bucking the trend. is yet to produce a bettingectric offering, battery technology won't be good enough until the mid-20 20's. cfo of us now is the mclaren. which also does not want to make an suv. and this is very interesting. purest in itss so way about making these sports cars. consumers arehat going to kickback against this? is that going to be a concern? paul: not at all. at mclaren, we are focused on building drivers cars, two-seat sports cars and we are not chasing volume. a lot of card manufacturers out at suv'se got to look to increase volume and is not where we are at. matt: why do you think battery technology won't be ready until 2025 when we already see cars 0-60tesla or others doing into an half seconds and capable of 300 kilometers of range. paul: we are investing in battery technology the focusing more on hybrid with our batteries. we are going down of the hybrid route because of the performance it brings. genuinely, a hybri

matt: good morning. take a look first off at a one-month chart of treasuries i have got here in my terminal. i took friday, monday, and tuesday off, so i missed this peak. 1.9%.ped up to that's one of the things we will be talking about today. we are all over the repo issues, also a big peak, a much bigger spike over a shorter time period. take a look at the futures. we are looking at a negative yearre in terms of u.s. 10 -- in terms of equity futures. this follows gains yesterday certainly in u.s. stocks as we get closer and closer to records ahead of what is expected to be a fed cut. anna: we are sort of in a holding pattern. a very mixed picture coming through in the asian equity session as we wait for that fed meeting. the big focus, as always come expecting another back-to-back rate cut from the federal always, expecting another back-to-back rate cut from the federal reserve. we saw the fed to jumping into the market with some action, the first in a decade it would seem. rarely do we see these bits

anna, matt? matt: thanks very much. juliette saly in singapore. coming up, we speak exclusively to the ceo of nascar's -- naspers. remember, bloomberg radio is live on your mobile device or dab digital in london. tune in. this is bloomberg. ♪ anna: 16 minutes ago until the start of cash equities trading. a host of factors in slightly better movies. this is what is behind some of the optimism for the european session. futures push a little higher. fed policy isund heating up ahead of next week's rate decision. james gorman has weighed in with a note of caution, warning against cutting rates quote to easily despite his support for the reductions made so far. he spoke to bloomberg in new york. on one level, we have got record low unemployment. we do still have global growth. in most important economy the world is performing strongly and china is still performing strongly. europe is mixed but it has been mixed for two decades now. on one level, the fundamentals are quite strong. other, there is a sense of inevitability. statistically, there is a rec

i'm anna edwards alongside matt miller in berlin. matt: today, the markets say to watch washington. agent stocks traded mixed as investors weigh progress on trade and the impeachment inquiry. equity futures point to a negative open in europe and wall street. cash trade is less than 30 minutes away. ♪ anna: a lot of talk. grows inchment drama washington as president trump goes on the offensive. the u.s. president also says a trade deal with china could get done quote sooner than you think. authorize u.s.to tariffs. and warnings from some of london's biggest names. imperial, pearson, and ing cut guidance for the year. good morning. matt: good morning, anna. less than half an hour away from the european open. i am looking at treasuries after the big spike we saw yesterday. backed up above 1.7. indeed, we hit 1.74. where coming down as investors by bonds. -- buy bonds. we are also looking at risk off trade in terms of european futures. dax,a look at where we see cac and ftse futures trade. not a lot of movement at all. the arrows are already, but really, not a lot of movement. what ar

i am anna edwards alongside matt miller in berlin. matt: good morning. today, the markets say wow, that took a long time. hong kong removed the extradition bill according to "the south china morning post" that kicked off the protests. the market opens in 30 minutes' time. anna: relief in hong kong? the hang seng stormed toward the close after reports the chief executive carrie lam with withdraw the controversial extradition bill. boris, beaten. u.k. edges toward a snap election as a cross party alliance moves to block you know deal brexit. the anti-easing brigade. noc rosengren says he sees need for immediate policy action and the chorus of voices against bond buying grows at the ecb. good morning. matt: good morning. less than half hour from the european open and looking at the japanese yen to see what kind of effect the removal of the extradition bill is having on risk sentiment. this is a three-day chart. maybe a little easier to see what is going on in those terms if i put it in a one-day chart. the yen is weakening. more willing to take risk after t

matt: thanks very much. draghi has come out in defense of his latest stimulus, warning public dissent from policymakers can weaken its impact. the ecb president told the european parliament, monetary parliament -- policy needs to say lose prolonged time to aid growth. the uncertainties were facing, monetary policy needs to remain highly accommodative for a long time. measures we took at our last meeting underscore our determination and readiness to provide the necessary monetary stimulus. we continue to stand ready of course to adjust all of our instruments fortune by an inflation outlook. matt: before draghi speech yesterday, new data showed the european economy deteriorating in a serious fashion. germany's factory pmi dropped to the lowest level in a decade and such ever. back in the country deeper into an industrial recession. investors will be closely watching "e"'s survey later this morning. from soft dennis still with us per what you think of the deteriorating any factoring us.rom soft jen still with w

francine: matt miller there. always fun interviews with matt miller. the fed rate debate. we will discuss why deutsche bank has increased to their expectations for u.s. rate cuts. this is bloomberg. ♪ ♪ francine: this is "bloomberg surveillance." economics, finance, and politics. i'm francine lacqua here in london. deutsche bank economists say the fed will cut interest rates by a full percentage point between now and january. that would be a cut at each of the next meetings4. still with us is erik nielsen from unicredit. i have a million questions. first of all, when you look at dollar strength, does it continue, and how much pressure does that put on the fed? erik: yes. theink you could still see dollar strong for a while. ,ll of the industries you have uncertainty and risk are off. typically, you flee to safe havens. that's where people go. i think that's the problem that donald trump is going to face, that the dollar will continue to strengthen. the fed cannot do much about. francine: will these quite easessively -- will they quite aggressively? one percentage point

matt: let's get to trade. the chinese government has given new wavers to several companies to buy u.s. soybeans without being subject to retaliatory tariffs. we have dr. burkhard p. varnholt , deputy cio, credit suisse group with us on set. we have had these tiny pieces of progress here and there from the u.s. and china that has not resulted in any forward movement. what do you make of this latest news that they will give wavers for people to buy more soybeans? dr. varnholt: i think the term trade war is a misnomer. this has always been a , wheretical rivalry donald trump is rival as president and will stay with us for the next several years. in the meantime, i expect multiple compromises, most being figure leaf compromises to move from one resolution to the next with differing purposes. that is how i interpret this one. matt: what do you expect in -- if you do not use the word trade war, i do not know what you would prefer. dr. varnholt: let's keep using it, i just want to specify how i look at it. matt: what

matt: absolutely. the reinstatement of the bond purchase program we talked about this morning will be 20 billion euros a month. we thought it would be 45 billion euros a month. the survey of economists we did, the median was 30 billion a month. it misses both of those marks. as you noted, it is open ended. this purchase program can go theoretically without ending. that concerns a lot of investors because it reminds them the of europe looks like it is happening. david: no end in sight for the problem, though mario draghi does have an end in sight. now we go to kevin cirilli in houston. a big event down there. what are we looking at in houston tonight? betweenhe contrast progressive and centrists will be on full display in a few short hours as joe biden, already trying to draw that contrast with senator elizabeth warren. a surrogate for biden's campaign, and rend out, taking out an op-ed in the washington "hypocrite"g her a for how she declared she would be fund raise by not doing big dollar fundraisers,

matt: i think that is pretty far off. right now, the 16 cylinder bugatti is going to be using a lot of oil people at that conference are producing. coming up, as tensions escalate between india and pakistan, we will speak with india's foreign minister. this is bloomberg. ♪ here, it all starts with a simple... hello! -hi! how can i help? a data plan for everyone. everyone? everyone. let's send to everyone! [ camera clicking ] wifi up there? -ahhh. sure, why not? how'd he get out?! a camera might figure it out. that was easy! glad i could help. at xfinity, we're here to make life simple. easy. awesome. so come ask, shop, discover at your xfinity store today. ♪ >> good morning from frankfurt. i'm matt miller with manus cranny life in abu dhabi for the world energy congress. this is "bloomberg daybreak: europe," and these are the days top stories. looking ahead, asia stocks brushoff weak export data out of china, as a rrr cut lift sentiment. will crash again as the prime minister suffers yet another high-profile resignati

matt? matt: thanks very much, sebastian salek with your first word news. let's get the latest from westminster. prime minister boris johnson has begun moves to trigger a snap general election after suffering a humiliating defeat for his brexit strategy, with 21 lawmakers from his own party voting with the other side. opposition leader jeremy corbyn said his labour party would only vote for an election after no deal has been blocked. let's go for more live to westminster and speak to bloomberg's anchor, anna edwards, on the ground. . how much closer are we to a general election now that we have seen this defeat for johnson in last night's vote? anna: edging ever closer, it would seem. good morning once again. not anytime very soon. today, the order of business will be that later on today we will get prime minister's questions and his spending review from the new chancellor. that has been delayed and looks set to take place. after that, we will see the rebel alliance take control. they will bring forward this legislation that they want to pastor block a no d

a different matt. matt miller, former justice department spokesperson during the obama administration. just for some perspective on what this all means. matt, thanks for making time. i pressure you being here. >> of course. thanks for having me. >> let me just get your reaction to this reporting. the prospect of criminal charges against mccabe and what seems to have evolved over the course of this fascinating day where trump-appointed officials keep saying they want an indictment and none seems to be materializing. >> yeah. so two things. first on the question of whether he should be prosecuted or not. look, i think you have to look at both the question of whether he actually did it, whether he committed a crime. and while there is some evidence to that effect that mccabe and his attorneys have presented pretty powerful arguments to the contrary. but i think there's a second question you ask, which is is bringing a prosecution appropriate? and one of the ways you answer that question is by looking at s

>> matt leblanc had 11 bucks in his bank account when he signed on to the show. today the "man with a plan" star is worth a reported $60 million. >> i guess the biggest change was the consistent work and spending time aroundea a lot of which are here on this show too. >> jennifer aniston waited tables and worked as a telemarketer to make ends meet. now she's one of the highest paid actresses in the world. >> i worked in a swimming pool store testing pool water. >> really? >> yeah. >> that's pretty weird. >> sometimes did service calls, back washing filters. ♪ hey baby >> we all remember courtney cox's big break "dancing in the dark." today she's mom to 15-year-old coco and teaching her famous catch phrase to an adorable toddler named sonny. >> i know. >> what did you >> i know. >> what? >> i know. >> i know! >> lisa kudrow recently confessed she felt like a mountain of a woman acting next to courtney and jen saying may bones feel bigger. today she's mom to 21-year-old son julian and still hanging with her famous friends. matthew perry proved he's still got his

let us get to the frankfurt motor show where matt merck -- where matt miller is joint by joined by stuart rowley. the last time ford had a downgrade to this level, they awk the blue oval. how does that affect your business in europe? disappointed with a downgrade from moody's. we don't expected to have any impact on our business in the near term. we have strong liquidity over $30 billion so we feel we are well-positioned to finance our plan with restructuring in europe which is an important part of taking our business forward here. that bill ford once said when ratings were upgraded back to normal, it was one of the happiest days of his life. will this deepen cost cuts? stuart: i think we will stay on our plan. we have a clear strategy in europe to transform our business. we also have plans around south america. we are taking action also to improve our business in china. i think moody's reference that in the note yesterday. we are staying on our plan. matt: what are the biggest headwinds here? is brexit the number one uncertainty that is causing you issues? stuart: clearly that is an unce

>> all right, matt gutman live in texas. matt, thank you. i want to bring in abc's chief white house correspondent jonathan karl tonight, because jon, as you heard matt mention there, republican majority leader mitch mcconnell, he was asked about that bill, calling for enhanced background checks that sits on his desk, he says he's waiting on direction from president trump. let's listen. >> if the president took a position on a bill so that we knew we would actually be making a law and not just having serial votes, i'd be happy to put it on the floor. >> so, jon, senator mcconnell, it appears that he expects an answer from the white house next week. so, what are your sources telling you about where the president stands on this enhanced background check? >> reporter: well, david, i am told that the white house is working on a proposal, it is unclear, though, what will be in it. the president has talked about addressing the mental health issue. he's talked about imposing the death penalty in cases of hate crimes and mass shootings. but he has g

you can't go wrong with a matte cartoon —— with a matt cutting. it is to people looking down saying, first we better labradoodle, then we crossed a remainer with labradoodle, then we crossed a remainerwitha labradoodle, then we crossed a remainer with a speaker. and it is just a dog chasing its own tail. —— crossing a remainer with a. the independent. philip hammond said the tories' convulsions over brexit had left the party unrecognisable. every timel left the party unrecognisable. every time i say stripped of the whip, i can't help myself. ijust imagine a proper whip. is thatjust me?m can't help myself. ijust imagine a proper whip. is thatjust me? it is just you. give me that with immediatelys that whip. they say those who have been stripped of the whip say they have to use the party gathering to show that it is more thana gathering to show that it is more than a narrow ideological sector. the problem is that at the moment, as the matt cutting says, we are chasing our tails. and we are in this brexit maelstrom stop how terminal is the declin

matt: that is the big debate. you have roughly $15 trillion to $16 trillion of negative yielding get around the globe. you have issuing new bonds at a negative yield, and everyone is wondering, is this even working? our joiso figure out how to make money off of it, not to debate if it is right. we think the dominoes lead to lower rates across the globe. is there a fixed into it? -- a fixed and to it -- a fixed end to it? matt: if they say we are going to open up the checkbook and go as long as we need to do it, that is sort of the bazooka you keep hearing about. alix: do you want to buy junk bonds in europe, or is the trade still ig? matt: we think the quality is what wins out. you are making a leap from sovereign security to investment grade securities, higher quality. but the domino from there is it makes everything in europe very rich, and that means u.s. credit very cheap. we think the next leg is tighter in u.s. credit spreads due to this domino effect from europe. alix: to that point, we know you like ig cre

and matt murphy's wrong. i'm tell you right now on my children, he's just straight wrong. >> reporter: did eric kill bill mclaughlin? did he conspire with nanette? or was matt murphy in over his head? >>> coming up -- first, they had to face trial where nanette's lawyer had an unusual defense. >> in court, you called your client a slut. >> i did. >> it doesn't make you a murderer. >> would a jury agree? when "dateline" continues. telind sensodyne rapid relief because it's clinically proven to work in 3 days. which means for patients that they get relief very fast. ...work in harmony.ody... like you, they get hungry. feed them... .with new centrum® multigummies® specially crafted for men and women 50 and over. so you're ready for anything. centrum®. feed your cells today. who got an awful skin condition. with uncontrolled moderate-to-severe eczema, or atopic dermatitis, you feel like you're itching all the time. and you never know how your skin will look. because deep within your skin an overly sensitive im

but let me just say to my good friend, matt. matt, i respect you very much. >> i respect you, too, donna. >> this is the united states of america. i know radical republicans, radical democrats. i know radicals of all different sorts. but this is about the constitution of the united states. >> that's right. amen. >> to ask a foreign government to interfere in our election. >> to stop an investigation on your son is morally wrong. >> that is repugnant. >> we didn't ask the russians. it was barack obama who did not stop the russian. >> we must not allow foreign governments to interfere in our elections. >> dana: can i ask one question? i saw bernie sanders was asked a question, if all of this controversy hurts joe biden's candidacy? bernie sanders said, i'll let you make that determination. do you have an opinion on that? >> look, personally, i know the impact that this will have not on campaigns, but the country itself. that's why we got to stop it. it is sickness. it is stupid. we should be above it. we should come together as am

she visited brandon lee in the hospital supervisor matt haney. goinge come back, we're to talk about another american journalist and activist, a nigerian american who also ran for president of nigeria. he has been arrested and jailed in nigeria for a month. we will speak with his wife and a clot be a law professor about his situation. law professor about his situation. stay with us. nani jansen reventlow ♪ [music break] amy: this is democracy now!, i'm amy goodman with juan gonzalez. juan: we turn now to nigeria, where journalist and pro-democracy activist omoyele sowore is entering his second month in jail for calling for peaceful nationwide protests against the government. sowore called his movement "revolution now" and mobilized activists to take to the streets august 5. but just two days before the protest were said toto begin, ,e was arrerested by the statate ad acaccused ofof attemptpting to e over the government. he's been imprisoned d for more than a monthth now as human rigs grououps continue e to call l fs immediate rerelease. he is a

matt: this is stunning. first of all that drones could enter the saudi arabian airspace and not be knocked down and then do the damage and take out 5% just like that of the oil. we haven't seen this before. ofs is a new element uncertainty for the middle east. concerned, hep is does a lot of business personally with the saudis. he considers them an ally. should we be putting u.s. military in the hands of saudi arabia? all of these questions are yet to be answered but there are a lot of conflicts. anytime you have this kind of uncertainty and disruption, it is not good for markets and not good for investment. take.: thank you for your we will watch this pivotal moment closely. bloomberg editor and chief emeritus. guy: the main story of the day, oil prices picking up in the aftermath of the attack on the saudi crude facility. it removed 5% of global oil supplies. is tooc director said soon to be talking about an increase. he spoke exclusively to blumberg. to have supplied tests a supply of oil for markets, we

matt, i'd like to start with you. what are some of the things hp is doing to incentivize your supply chain and some of the things your customers are doing. >> thank you, john and thanks for the opportunity to be here. you know, i was thinking about this panel and kind of ticking through mentally what we do and what others in the industry do to secure their supply chain, and a lot of it comes back to fundamentals. i think that's been a theme we've heard here this weekend. one thing that i think about is our supplier standard, and we share that with our supply base, and we have them go through a pretty rigorous process, management process of adherence. we do audits, all sorts of things. when you look at it, it starts with design and what we call the secure development life cycle, and then you can kind of go down the stack from there through the end-to-end supply chain, through disposal. i mean, so manufacturers, you've got software, firmware, provisioning, you've got logistics and traffic and as you span through that, a

thank you. >> thanks, steve and matt, for your introduction. i now want to turn it over to nikos who has advised aca connects on the development of our 5g plus plan. nikos. >> thanks so much. good evening, everyone. let me do a brief introduction. i'm a principal, one of the oldest strategy consulting firms in the telecom space. with over 30 years of experience advising clients in the telecom sector. what i'd like to do is walk you through a little bit mechanics the plan, starting with -- std explained, see ben is a a very desirable part of the spectrum. there is, it's not too low in the frequency for example, where there is no bandwidth. it's not too high so it doesn't have characteristics, not going too far or no penetrating both. it's right in between and if you think about it, it's between the wi-fi frequency of 2.4-five we all use. it's right in between. it's kind of an ideal part of the spectrum for wireless communications. let me talk about how this is being used today. as we said this is 500 megahertz of spectrum. a big part of it is co

matt: we are not sure how many adopters it has. this came to light because amazon talked about a couple of use cases, experiments out in the wild. there was a sheriff's office in the state of oregon, and it was the city of orlando piloting the tech. there has been sort of widespread speculation, particularly on the part of critics, that this product on the market from amazon is likely to be used by the u.s. government, particularly by ice. taylor: my thank you to bloomberg's matt day in seattle. that does it for this edition of "bloomberg technology," which is livestreaming on twitter. be sure to follow our global breaking news network at tictoc on twitter. this is bloomberg. ♪ devices are like doorways that could allow hackers into your home. and like all doors, they're safer when locked. that's why you need xfinity xfi. with the xfi gateway, devices connected to your homes wifi are protected. which helps keep people outside from accessing your passwords, credit cards and cameras. and people inside from accidentally visiting sit

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matt! thank you very much, it really does look lovely and we will speak to you later and there is murphy! matt and murphy, having a good old morning scratch. he is getting involved in the cleaning up process. determined to claim his spotlight. as he rightly should. now he is distracted! see you later on, matt. from a faded anchor to a regimental badge, tattoos have long been associated with the tough image of a british sailor, soldier or airman. but a new exhibition of military personnel‘s tattoos, which opens today, is proving that many of the designs and the stories behind them go far deeper than basic macho pride. breakfast‘s john maguire went to have a look. four tomlinson, decorated former royal marines, national memorial are rooted in staffordshire offers a permanent reminder of friends and comrades lost in the war in afghanistan. it takes its toll. again, coming back, and paying tribute and remembering to these amazingly courageous, brave people. that is the least we can do, real

>> matt bradley for us, matt, thank you. >>> in the bahamas, hurricane dorian may be long gone, but the devastation is just beginning to unfold so far 44 people have died from the storm. that number is expected to rise as crews continue searching through the devastation. as many as 70,000 people are now homeless, waiting to be rescued from areas that were completely destroyed. meanwhile, bahamas paradise cruise line is helping evacuate bahamians. nbc's kerry sanders is there with the latest. >> reporter: phillip, it doesn't matter which direction you look, there are signs of mother nature's incredible power. most people this morning have decided to leaf this area, and those that have stayed behind are making plans to get out. after days of chaos and panic, an orderly exodus from the abaco islands for the weary and fatigued >> i can't wait to go on that to get out of here. >> reporter: what's it's been like the last couple of days in this nightmare >> terrible. terrible >> reporter: as relief ships organized by the bahamian government are off-loaded in marsh harbour -- >> women and child