Words of praise as barack obama becomes the first u. S. President to address the african union. Plus the killer is named as a tourist from the United States. Im lee welling tom brady and his four game ban for deflate gate is up seld. Hello turkish jets have targeted turkish fighters in a mountainous area in the southeast. Airstrikes bring a warning that its impossible to continue the keep the Peace Process with the kurds. They have been carrying out attacks and peace talks will only be possible when they leave the country. Turkey is also carrying out airstrikes against syria. There is no agreement with with the u. S. Createing a buffer zone between syria and turkey. F16 fighter jets dont have too far to fly to hit targets of their new enemy of isil just over the border. This was last week. They dont have much further to go to target an old enemy the pkk in northern iraq. Many are angry and frustrated that the turkish government are equating a threat from isil to a threat from the pkk.
African union. And the campaign to end the ritual animal use. Turkish fighters mount airstrikes against kurdish fighters. We have reports now in the south. Turkish f16 fighter jets dont have too interior to fly to hit targets of their new enemy just over the border in syria. This was last week. They dont have much further to go to target an old enemy. In northern iraq. Many kurds are angry and frustrated that the turkish government seems to be equating the threat from isil with the threat from the pkk. Mainly kurdish city in southeastern turkey representatives of more than 18 nongovernmental organizations have been meeting. Theyre working out a joint response to what they fear is a threat to the fragile Peace Process. We call ther on the people of kurds and people of turkey to show solidarity. The only way to do it is to stand up against these policies. I dont think its possible to continue a Peace Process for those who take aim at our National Security and brotherhood in this country.
After nearly 30 years in prison Jonathan Pollard is being paroled. Pollard, an american citizen was sentenced for life for spying on israel. And critics say that hes a traitor who should remain in prison. And Mike Viqueira joins us live from washington d. C. And did the white house play a role in getting pollard paroled . It insists that it did not. And senior officials in the department of justice say that this was a mandatory parole, dick tainted by the laws of the time in 1985 when Jonathan Pollard was arrested, when he tried to enter in washington d. C. Passing off what was described as an incredibly large quantity of classified information. And sparked fierce passions ever since erica as you know. But at the time, the laws in 1985 stated, under the sentencing guideline that an individual convicted of this crime would be released after 30 years mandatory parole unless there was something that they had done in prison, behavior that would have mandated them staying longer, and pollar
January on better than forecast earnings syria take a look at the s p 500 a year to date shows 3 . Index of one point that is a look at the year to date chart. Up one point 36 . Nymex crude is on the rise. T is up just over 1 take a look at the chart there. That a year chart or is that today . Fourmonth chart down just over 4 . Trading nearnt bear market territory. Also looking at the fourmonth chart there. Ar market chart. Taking a look at consumer confidence, dropping the most since 2011. Where did treasuries and up . Where our treasuries trading right now and . Yield are still going out. That partly has to do with maybe the fed and the fact they are holding their first of their twoday meeting. Yields rising for the first time in a week. They had been declining in response to much of what we are the in china and around world. Finally, currencies take a look at the dollar rising for the first time in four days versus the yen. In stocks and commodities, that slow down. Stabilizing the
Cheaper with effect fed concluding its twoday meeting tomorrow at this time. Fromtle bit of unwind yesterdays trade. The dollar gaining versus the euro and the yen. There is less risk aversion at play. Where does that leave commodities . Energy and some metals are stabilizing. That is giving a lift to the index, which marked the only second gain in the session. Year to date, there is a dramatically different for a. Down 11 . You can see a series of lower lows here. Commended march, a recovery that he in may, and the bottom falling out over the last couple of days into the middle of july and the end of july. As we next this outcome is going back to 1991. Since 2000 two, a 13 year low. Us on the back of the stronger dollar. Demand, or signs of we demand from china as well. This is a story to will cover for the rest of the hour. Lets take a look at some of the top stories crossing the bloomberg terminal at this hour. Attorneys for convicted israeli spy jonathan pollards taking has been gr