A heads to brussels for vital breaks it talks with the irish border emerging as the biggest issue. Also warning for u. S. President donald trump even from his own party as he offers a running twitter commentary on the russian investigation. Welcome to the program yemens internationally recognized government has announced its not fighting with the ousted president Ali Abdullah Salah against the who the rebels it marks a major shift in allegiance in the war which began over two years and a half years ago the Prime Minister says president of the rebel masood had the will work with salah to fight the iranian backed who tees it comes after alliance with the who fell apart after days of infighting in the capital sanaa charlotte dallas has more. Than. Five days of combat between former allies from. President Ali Abdullah Saleh and the who think these dozens have been killed so struck in alliance with the who thing after a Popular Uprising ended his thirty three years rule in two thousand and
Fully back to go this is the news hour live from doha with continuing coverage of the vents in yemen Ali Abdullah Saleh the president ousted from power and twenty twelve has been killed the news has been confirmed by son his Political Party and his former allies turned foes the who the rebels yemens with the leaders says sign is forces were militias working for the Saudi Led Coalition and earlier who the rebel troops gathered in sanaa to fight forces supporting Ali Abdullah Saleh. And with ali Abdullah Sally out of the picture how will regional players deal with a new situation in yemen. Thank you for joining as the civil war in yemen has turned another bloody chapter throwing the middle east sports country further into chaos in the past few hours its been confronted by both the who the rebels and the party of Ali Abdullah Saleh but the man who led the country for more than three decades has been killed his convoy was reportedly attacked by who thiis at a checkpoint outside of the capi
This is Bloomberg Markets middle east. Im yousef gamal eldin. What a week we have had off the back of the fed decision, and a dozen Central Banks around the world. Here is how the u. S. Equity session closed off. The s p index, dow jones, nasdaq. This is on optimism about the proposed u. S. Tax overhaul. Theres also a lot more volatility, 74 higher volumes than the daily average. Theres another event feeding into this, quadruple switching. It happens every quarter, futures and options on indices and individual shares. Then the bloomberg dollar index, a story of a stronger dollar, up. 4 , a major move, a fresh session highend the fifth day of gains. The u. S. Dollar gaining compared to all of its peers save for the kiwi dollar, which led weekly gains. Lets crossover in show you the other key Asset Classes, relatively. U. S. 10 year uninspiring. Gold, up. 3 . But look, the reality is you have traders dumping bullish bets at the fastest pace in five months. Do people care about the dollar
The crown prince arrested dozens of princes, top officials, including wellknown billionaire as part of a sweeping anticorruption probe. Crown prince, his Royal Highness, prince muhammad made a historic statement to me at the conference which you will hear coming up in the program. Also on todays program. Technology billionaire Steve Schwarzman, Carlyle Group David Rubenstein and paul farley and kick it off with treasury secretary steven mnuchin. This is what he told me before that. Very excited with the progress on tax reform, as you know, something weve been working on since the beginning of the year, we have the budget passed with reconciliation instructions, we expect the bill to come out very quickly and get this to the president to sign this year. Could you live with this bill without eliminating the state and local Tax Deduction . I think the two most important issues that the president is focused on is the 20 corporate rate to make our business competitive and a middleincome tax
Trump, the year, and a Republican Congress too. How do you size it up . Lets look at the high points. Oh, the high points . Well, we would start with the Tax Reform Act of 2017. That was a very high point. The highest point at the beginning was the confirmation of neil gorsuch to the supreme court. And i suppose we should also mention that there were all of the regulatory rollbacks of obamas regulations using the congressional review act. But once passed, through the end there werent a lot of high points because they spent most of middle of the year trying toc reform obamacare. That was a failure. But, you know, theyve gone off on a true high. The economy is strong, Tax Reform Act should probably propel that economy, so theyve got the winds at their back going into the 2018. Paul we do want to talk about the economy in more detail later, mary, but i think the deregulatory agenda is really both what congress did with the congressional review act. Itd only been used once before, i think