That is a charge moscow has repeatedly denied. Reporter failing the second pass of the most damming report to hit the russian sporting world. Over 1000 russian athletes competing in summer, winter, and paralympic sports can be identified as being involved or manipulation to conceal positive doping tests. Reporter the investigations toeged the coverup the back 2011, meaning doping affected the 2012 london olympics, 2013 athletics world championships, and 2014 sochi winter games. Won 24 gold, tidy six silver, and20 26 bronze medals. Corrupted the Olympic Games on an unprecedented scale. Swapping of urine samples, as well as salt and coffee being used to manipulative results. Russianl report says authorities were part of a systematic and centralized coverup. Members of Parliament Say doping is a thing of the past, which is being blamed on a whistleblower. The former director of the moscowbased antidoping lab. Even if there was some trading practices some dirty practices i believe they wer
We have a great show to kick off a big week for the markets. We will discuss what 2017 holds for u. S. Monetary policy. As italy lines up another new premier, in turkey comes to terms with the bombing istanbul, we will focus on the market and Political Risk in europe. As crude oil surges, we also speak live to the Nigerian Petroleum minister on surveillance at 9 40 u. K. Time. Lets check on the markets. This is a picture for oil, gaining 5. 1 at 54. It surged the highest in 17 months as efforts to cut production sent the 10year treasury yield above 2. 5 . Chinese equities tumbling. European shares holding to what we saw last week, pretty much flat. Lets get to the bloomberg first word news. Heres nejra cehic. Nejra president elect donald trump says hes close to naming his secretary of state, dropping hints it could be exxon mobils ceo. A person close to the transition on hasnt beenrs formally offered the job yet but is likely to be the pick. Italys prize minister designate has been hol
Selection of secretary of state. Reportedly, president elect donald trump is close to selecting his secretary of state and the name comes from big oil. Andtillerson, the chairman ceo of exxon mobil is a worldclass dealmaker, stay tuned, according to donald trump. Alreadyators are expressing reservations because of his close ties to Vladimir Putin. Putin is a thug and murderer and anyone else who describes him as anything else is lying. We cannot have an accommodation with the russians until they understand what Ronald Reagan taught them and that is peace through strength. Right now, we have no peace and no strength. I dont know what his relationship with Vladimir Putin is, but it is a matter of concern. David joining us now is the president of the council of Foreign Relations. Book, aso author of the world in disarray. Thank you for being here. What do you make of this possible nomination . Do you agree that is where it is going and what would it mean for state . It is a hard transitio
Courtney reagan in for sara this morning. Good morning. Happy monday to all of you and our viewers. Lets get straight to the market action. Record highs throughout the week. Last week we ended the week with the s p down 3 . The nasdaq was the leader at 3. 5 for the week. Its worth pointing out the nasdaq since the election up only 4. 8. So much of the gain coming last week. It was playing catchup having lagged behind some of the other indices since the election. The one really up most of all since the election is the russell 2000. As you can see this morning, were pretty much flat in the premarket. The dow eking out a slight gain on the futures market there, the s p and the nasdaq slightly negative. The big market mover this morning is oil. Oil prices up some 5 . If we have a look just shy of that now, 53. 94 comes off a week of gains. They were up 1. 3 as a whole last week. But prior weeks, they were up 12 when the initial opec deal was struck. The reason we have the extra bounce toda
Syrian forces continue making gains in eastern aleppo. The military claims that the rebels have lost nearly all of the territory they seized four years ago. A Syrian Military official says the operation is in its final phase. The fall of aleppo would be the worst rebel defeats in syrias in 2011. Began here is more on the story. Smoke rises above aleppo. Syrias most populous city is on back in government hands. Iranianan army with backed militias and airstrikes launched an offensive in september. One of the most fortified rebel areas fell on monday morning after an intense bombing campaign. Onlye terrorists control 10 of the territory they used to control in eastern aleppo. The britishbased watchdogs said 130,000 people have fled. 10,000 in the last before ours alone. Thank on behalf of escaped. We were starving. I cant even move because of hunger. Reporter the fall of aleppo has been aleppo has been under siege since july. Diplomatic efforts to end the conflict have repeatedly failed.