It is 2 30 in the morning. Now on bbc news the week in parliament. Hello, and welcome to the week in parliament. Politicians may have been getting on with the business at hand, but theres definitely been an elephant in the chamber the conservative leadership contest. Scarcely a debate went by without some reference. For example, argy bargy when this Prime Minister faced questions about the next one. Will she finally act in the best interest of these islands, not the conservative party, and admit that neither of the candidates for office should ever be elected Prime Minister . But shes wasnt having any of that. Either of the candidates for this high office would do a darn sight betterjob than anybody sitting on any of those benches. Well be discussing how Prime Ministers questions might look under the new Prime Minister. Reminds me of the tale of the sort of rather extravagant eccentric young army recruit who is told by his Commanding Officer the men will follow you if only out of morbi
A united on the economic front and we increasingly on the stand that we have to do so also on the defense front. Greetings and salyut ations a short while ago in the winter of 2016 just a few short weeks before donald trump would assume the presidency the new speeds were awash with apocalyptic headlines declaring that russia had attempted to hack into the vermont power grid upon hearing the news of the congressman and hearing that news vermont congressman peter welch declared its systemic relentless predatory they will hack everywhere even vermont in pursuit of opportunities to disrupt our country for months senator Patrick Leahy also joined him exclaiming this is beyond hackers having electronic joyrides this is now about trying to access utilities to potentially manipulate the grid and shut it down in the middle of winter that is a direct threat. Soon after it was discovered the Performance Power grid was not in any real danger in the russia actually had made no attempt to hack it wh
Things come to mind i mean one obviously like it or not trump is the commander in chief is the head 8 of the u. S. Military. You cant just decide what he is or isnt allowed to see and then if youre so concerned that hes going to tell 7 the russians why do you tell the New York Times. Critic point seriously thats a loser and i dont know what started out there every day its absolutely ridiculous in my mind but if they were we dont want to tell the president who as like you said his commander in chief hes the top guy like he runs the military but were going to do ops without him that plays up huge in those people who are you know concerned about the state of the military you know doing things under the nose of the president but not telling and that raises a lot of red flags put it turned out to tell the New York Times that is a larry oh yeah its the i dont know that works so well i dont know if it works well and im not sure that it you know we were supposed to have this great deep state t
Shery youre watching daybreak a show live from new york, sydney and hong kong. Haidi the top stories, asian stocks are lower as volatility ratchets up. The dollar is extending gains. Tesla in the crosshairs as a beneficiary of subsidies. The ftc is accusing the ecommerce giant of monopolizing services in challenging sellers. Shery take a look at futures. Muted moves after the s p 500 fell to the lowest level since early june. We are on track for the worse month this year. The fear gauge is climbing above its average to the highest level since may. Investors are digesting data with Consumer Confidence following read treasury yields drifting. The 10 year yield at 453 levels, decade highs. Weve been watching the upcoming preferred gauge of inflation, that will be one to watch in terms of the fed and a potential shutdown leading to safe haven demand in the dollar index at the highest level this year. Seeing its longest winning streak since august. We continue to watch oil prices as well. H
Good morning for our audience worldwide, this is bloomberg surveillance on tv and radio alongside tom keene and lisa abramowicz, im jonathan ferro. Just about positive on the s p 500. Tom not your father strike. When i saw it, they nailed it about the 10 00 p. M. Stock. This is an original strike going back over to uaw history, back to 1958. Into real challenges before world war ii. It is an original strike, a selective strike, that is what is new. Jonathan gm said they offered unprecedented package. From ford, the union made little movement. Rambo, we have not heard from this white house, have we . We are waiting for a statement from the president. Lisa hit the he did speak with the leaders and auto manufacturers. What did he tell them at a time where his policy is contradictory . In one hand hes pushing for electric pickles and a lot of the vehicles are pushing back on yet they are helping some of the auto manufacturing with those. On the other hand, it is it is the most prounion in