Here and i want to salute tim kaine and this has been a passion of his for decades or years . Somewhere between decades and years. Tammy duckworth, dick durbin, they all work dedicated lee on this but i want to speak and say a few words and then i will have to go and then tim will it take over, i guess. Okay. Look, what the senate did today behind the leadership of the colleagues behind me is what we should be doing every day. Working on a bipartisan basis to make a real impact for our country. It is a rare day here in the senate and i wish we did not have to say that but it is. The senate just sent a clear shot across the bow of bipartisan majority of senators dont want the president waiting war without congressional approval. That sums up the whole thing. The president does not have the authority to go to war but democratic and publican senators have made that Crystal Clear and no president s, no president can sidestep congress when it comes to matters of war and peace. That is what
Lets look at markets. We are not saying much. Coming up, you will hear from this man. Our interview on risks and Financial Markets. And Brian Moynahan on the state of the american consumer. Lets get bloomberg first word news. Frozen pork, pharmaceuticals, some reductions from china, not related to trade discussions, but part of beijings effort to support the claim it is opening its economy. Weekend, aa tense Police Officer pointing his revolver at protesters. U. S. , President Donald Trump asked about ukraine aid before his call with the countrys president. The heavily redacted emails were by the Nonprofit Center for public integrity. They show the administration ordering a hold on aid in our after the phone call. Bush fires burning out of control in new south wales. Died,st nine people have hundreds of buildings have been burned down. The fires of being stoked by record temperatures in the region. Guy the s p is up, bonds are higher, gold is gaining. What about next year . Is joining
World. A warm welcome you watching r. T. International with meaning to arran. More than a year since the u. S. Quit the a wrong nuclear deal President Donald Trump has said making an agreement with 2 wrong could be a good thing he also commented on his reasons for sucking his National Security adviser john bolton they are much different country right now than they were 2 and a half years ago when i came into office. And i do believe theyd like to make a deal if they do that its great and if they dont thats great too he made some very big mistakes when he talked about the libyan model for kim jong il and that was not a good statement to make you just take a look at what happened with khadafi that was not a good statement to make and it set us back and frankly he wanted to do things not necessarily tougher than me you know johns known as a tough guy so tough you got to send to iraq john bolton was well known for his aggressive hawkish approach to Foreign Policy he was adamantly against t
Shery Narendra Modi under pressure to make good on his promises in fridays budget. Happy july 4. U. S. Stock and bond markets closed on the Independence Day holiday. Lets see how things are shaping up for the asian market. Sophie tgif here in asia and happy fourth to our american friends. Here in wellington, kiwi stocks opening higher by. 1 . We could be looking at a muted start. Samsung earnings day, and we could be looking to extend gains after being boosted by. Emiconductor suppliers in tokyo, we could see potential at thes for the nikkei end of a choppy week. Tvs is the latest to downgrade japanese equities. Paul thanks very much. Lets get to first word news now with selina wang. Na brexit cheerleader Boris Johnson has told the conservative Party Campaign split forat the brussels is key. He warned failure to deliver brexit could split the nation apart. A poll said tory members would choose brexit even if it meant breaking up the united kingdom. British marines have seized and Irani
Gear what they just did thats getting a lot of buzz today. Then, watch out verizon. Why Silicon Valley may be asking, can you hear me now . Well explain. It is monday, july 8th Worldwide Exchange begins right now. Good morning and welcome to Worldwide Exchange im dominic chu. Brian sullivan has the day off futures right now are lower, but theyre off the worst levels of the session. Well have more on that coming up but first, to our top story this morning. One of the Worlds Largest banks announcing a massive overhaul. Deutsche bank is pulling out of its globals equities in sales and trading business as part of that move. Its an 8. 3 billion Restructuring Plan the german lender is also slashing 18,000 jobs across the globe. Cnbc is in germany in frankfurt with the latest. Why are they getting out of the stock, sales and trading biz and what are the plans reporter actually, Deutsche Bank has had quite many years now of low profitability of losses and on going problems to stay competitive