War time brussels plus. Im in argentina where they people say they are not afraid of the implications that beef and processed meat can have in their lives. Turkish president erdogan says the whole world should respect the result of sundays general election and the Ruling Ak Party received 50 of the vote enough to form a government on its own and erdogan and Prime Minister say the turkish people voted for stability and we report from ankora. Reporter the man of the hour, he addresses supporters in the capitol ankora. Translator today is a day of victory for our democracy, for our nation and may god be content with everyone who has made this victory possible. Reporter going into the elections the act party was hoping to regain the majority they lost last june but the polls did not predict such a victory and turnout was close to 90 being this is the fourth time the turks take to the polls in less than two years and the instability caused by a Hung Parliament and bomb attacks in the capito
Was no distress call. We are in kenya where one persons waste is another persons energy. It could solve two environmental problems at once hello. Polling stations to close in less than an hour. The general election is a challenge for the a. K. Party. It failed to win seats in the poll in june and couldnt form a majority government. It comes amid security concerns. Since june theres been a wave of violence leaving hundreds of home dead. Bernard smith is in the southeast and omar saleh. Polls are closing in about an hour. How has the turn out been so far. Well, its been very high vetter turn out across turkey. This is what we are hearing. As far as the polling station where i am, there are 7,500 registered voters. In about 50 minutes ago i asked the head of the polling station and he said around 85 of the voters showed up. It is pretty high. Turkey is known to have one of the highest turn outs in the world. In the june elections 86 of the 54 million voters showed up. Turkish citizens hav
Of course youre looking at the lire in turkey. Tom we start with american job economy. What i noticed by the time were done with surveillance we may get to a 3 yield on the u. S. 30year bond and would be a big deal showing the higher yearold environment and the optimism about september. Francine looking at the u. K. Manufacturing data we had from this country an hour ago and made it that more interesting that we hope to understand better how mark carney looks at inflation and thats superthursday this thursday. Tom did you survive halloween . Francine i did survive. I didnt dress up. Im so european. Tom i went as david gura. Francine lets get to david here with bloombergs first news. David . David a surprise win for president erdogan. His party defied the polls and swept back into office in the parliamentary elections and strengthens erdogans 13year grip in power and the majority gained in the elections they lost and turkeys benchmark index rose 5 . There was another surprise, euro area
In perhaps, germany and spain, some more muted declines. U. S. Equity futures are looking a little bit better this morning. At this point, the dow futures are up by about 46 points above fair value. But i dont think how much faith you put in these implied opens at this point. What is indicated now is not necessarily how the day ends up, but it is certainly something to watch and see. The fed did decide to trim bond purchases. It was the Central Banks first unanimous vote on policy since june 2011. The fed made no reference to the selloff in emerging markets. They didnt talk about that, they didnt mention the cold weather. But the fed stood pat and this is an enormonormous decision. Joe, you are looking righter and righter on that call. And im not happy about it. I dont want the globe to slowdown. No, no, no. I just did the math. 75 divided by 1850. Were at the s p were at 1774. So its down from 1850. So 7. 5 divided by 1850 is exactly 4 . When you put it in those terms, a decline of 4
We need to slow down and get it right. Like mom used to say, you rush and you make mistakes. Democrats are going to continue in their headlong rush to pass a government takeover of health care. From where i stand and frankly Many Republican senators stand who are troubled by the pace is of concern. We should have had more time to digest it. I guess history has a funny way of repeating itself. What a difference eight years doesnt make. Republicans today sounding a lot like republicans back in 2009 on Health Care Reform. Only this time, they are battling themselves. Can President Trump and House Speaker paul ryan bring their own party on board . This as one new report says at least 15 Million People, joe, will lose their Health Care Coverage under the new gop plan. This morning, we are going to speak live with the u. S. Secretary of health and Human Services dr. Tom price. Plus, the man responsible for whipping votes in the house, Republican Congressman Steve Scalise and congressman tim