John. Michelle, the breaking news is that bob corker, the senator from tennessee, republican who chairs the Foreign Relations committee, has told the Washington Post he has withdrawn from consideration as Donald Trumps running mate. It underscores the question hanging over trumps running mate process, which is who exactly can he entice to run with him. Can he get given how controversial his reputation is, can he get a young rising star in republican politics, or does he got to pick somebody like newt gingrich, the former house speaker, chris christie, the governor of new jersey, who doesnt have much of an electoral future given controversies that have weighed them down. Bob corker is somebody who has been rising within the senate and in republican politics. He says the job of being the Vice President ial candidate is more political than he wants. That hes more of a policy guy. Not comfortable being the attack dog in the campaign. So he has taken himself out. Weve still got some others,
And i dont think it will happen. Now, people are genuinely concerned about immigration that is not orderly. People pouring across borders without having gone through some sort of a process. It adds to peoples sense that things are out of control and thats why we have invested in securing our borders and we made unprecedented investments. That is part of the reason why ilLegal Immigration to the United States is actually at its lowest level since theness 70s. Its we so value the cooperation we obtained from the Mexican Government in making sure that our borders work to facilitate legal trade and Legal Immigration and commerce but discourages, you know, ilLegal Immigration. It is why im pushing very hard and will continue to push until i leave this office and expect the next president to push for a comprehensive Immigration Reform plan that can fix those aspects of the system that are broken so that we remain a nation of laws and nation of immigrants. And thats ultimately, i think, where
We have to look what equities did yesterday in the United States. Germany much better than expected. Italy, much less than expected. Tom there is a lot of Economic Data coming up. I look at this friday as a reset onto jackson hole. We have incredibly smart guest with us today. What i like about it is this is the week where we have moved on from brexit. I dont know what we have moved onto, but we left june 23 behind. Francine i just had a 30minute special on brexit, so i havent moved on, but i know markets have. Lets get straight to the bloomberg first word news. Taylor we will move on to russia. Russia is ratcheting up the threat of retaliation against ukraine. Ukraine put its troops near the region on alert and the ukrainian president says russia is looking for an excuse for further military threats. Froma seized crimea ukraine in 2014. A series of bomb attacks have impacted thailand. The government does not know who is behind the attacks. Hillary clinton says it is a myth that donald
Tie fell out of your pocket again, andrew like it did the other day and no one there that looks good. I figured today was one of those days. We spent some time on a farm yesterday, joe. Thats right. You head back out to the north 40. North 40, andrew, is a term that people out in that part of the world use for the 40 acres that are north 40 . Yeah, andrew is going to be bringing us up to date on everything thats happening in Middle America right now and give us a real view from the front lines on all of this. Well be back with him in just a few moments. Joining us is the u. S. Managing editor for the financial times. Well get to her in a moment because we have to talk about Deutsche Bank and whats happening. Thank you for joining us. First lets get a check on the markets. Take a look at u. S. Equity futures. Yesterday was a down day. Dow down by 200 points on concerns about the Deutsche Bank. S p was down by 20 points yesterday. And the nasdaq was off by 50 points. This morning things
Attracting overseas investors for the first time in history. A singaporean is buying a 49 stake. Do let us know what you think of todays top stories. The china and hong kong markets get underway in 30 minutes, but singapore, taiwan, and malaysia coming online. How is the trading week shaping up so far . David extending losses from friday. We went into the european session, more weakness came through. This is what we are waking up to. Overall, the benchmarks down for a second straight day. Not the declines, primes are not quite there as well. That eating said, we are watching a few things. Singaporehailand and exports due out. South korea the only bright heaviest weighted stock of the index is up. 5 . If you look at what samsung brings to the table. You take it out, that index will show declines. There is your price for samsung electronics. , weency markets, dollaryen should be near session lows at the moment. We will be getting the speech at 2 30overnor kuroda p. M. Local time. We are