Getting because we have a long weekend of no trading this holiday. Jonathan lets go around the world and check in with our bloomberg world news. Mike mckee is in new york. Then, a wrap of the g7 meeting. And then another warning about the cost of a brexit. Time, thetes government updates data on growth. We are joined by mike mckee who says the fed is likely to focus on bad news in the numbers. Mike half a percent growth in the First Reading of the First Quarter. That is likely to be revised up according to forecasts, but others on wall street will be focused on two numbers in the report. One is business spending and the other is our first look at corporate profit for the quarter. In the april minutes, there was a lot of talk about why business spending has contracted. As theyall companies decline, business spending has contracted. We saw that yesterdays durable goods report with capital goods unexpectedly falling. If we do not see profits rise, will be economy keep growing out a strong
You have an x factor that has been eliminated from this equation of what we may or may not do in syria. As a consequence of that action. Thank you. Thank you for the excellent work when you are doing. Turkey doesnt want to become part of our combat operations because isil has hostages from turkey. At the same time, turkey has become the destination for the oil which has been captured by the isil army in both iraq and in syria. Its upwards of 1 million to 3 million a day, 300 million to a billion dollars in the course of a year. The smuggled oil has become the life blood of the isil army. Talk a little bit about turkey and what are efforts are going to be to shut that down. Without that money, they dont have the money to produce hollywoodstyle videos. They dont have the money to pay soldiers. They dont have the money to take care of cities and towns they are taking over. Talk about what we have to do with turkey to just get them to shut this down. Senator, its a very, very relevant ques
Foley. Thats not islam. Islam is not isil. Increasingly, all of the voices in the region are really starting to feel that they have a need to speak out and reclaim islam. Thats one of the most important things that could come out of this. Were working on ways to do that. So isil is not a state, obviously. It isnt remotely like a state. What we need to do is make that more clear. So let me share with you two important things. The home of mecca, which by the way are in the target scale of is isis, these are islams most holy cities, they days ago said of these murderers they are enemy number one of islam. That comes from the grand mufti of saudi arabia. Today, saudi arabias top clerical council, all 21 members, the only institution in the kingdom of saudi arabia that is authorized to issue fatlas, invoking mohammed, using the words of the koran itself, today they said isil are killers, they are thugs, they should be singled out and punished as apostates and made an example. They were not
White house will live to regret this. I firmly believe that nobody will be worse off financially in the process that we are going through, understanding they will have choices that they can select the kind of coverage they want for themselves and their family, not that the Government Forces them to buy. We will parse that language and a deadline likely to be ignored. Congress asked for proof by today for proof of the allegations his predecessor wiretapped trump tower. I have no reason to believe it is true and i believe the president of the United States could clear this up in a minute. Pick up the phone, call the director of the cia, National Intelligence and say what happened . A republican congressman tweets affinity for a right candidate in europe and embraces the racist calling card of white nationalists. Down the road a few generations or maybe centuries with the inner marriage. I would like to see an america that is so ho monlg nous we look a lot the same. I think theres far too