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as mbs sparking intense criticism due to the conclusion that bin salman personally ordered the 2018 murder of journalist jamal khashoggi. biden said he confronted the ruler about the killing and the crown prince denied any personal responsibility. the president told he sold bin salman, he, quote, thought he was involved. phil mattingly joins us live now from saudi arabia. president biden facing backlash from jamal khashoggi s fiancee and some democrats over his face-to-face with mbs. what s the white house saying? reporter: white house officials were very aware there would be fierce blow back to hold this meeting, make this trip. there was a calculation made that the short term blowback was a necessity for the long term effort in this region. there s been a lot of discussion about oil production. it was a topic of conversation here, no immediate numbers given by saudi officials, but some acknowledgement that oil production may be coming in the weeks or months ahead. t ....
Surveillance. I am Francine Lacqua in london, tom keene in new york. The banks are the biggest industry losing ground in europe and you have Credit Suisse, ubs and commerzbank down between 7 and 8 . Tom i would note when i walked in the door american oil was below 40 a barrel. Francisco blanch is going to join us in a bit, but it is a deceptive tuesday. There is a lot going on. Francine lets get to the bloomberg first word news. Japans economic stimulus plan will increase spending by 45 billion this year according to a draft being discussed by the ruling party today. It includes lowcost loans and money for infrastructure and disaster relief. They have been hurt by a stronger yen and week consumer spending. Australias central bank has cut Interest Rates to a record low. They lower the cash rate by a quarter percent to 1. ....
He is going to be asked if anyone has already tried to impede his work on anything related to the russia investigation. He is going to be i mean, tomorrow is going to be it is going to be so distinct and so different from any other confirmation hearing for an fbi director ever. I dont even really know what to anticipate. Im fascinated to see what position he will take on recusal. He could just do that. He could just say i will recuse myself from everything involving the trump investigation. Leave that to the deputy and to the people already doing it. Special prosecutor. Yeah. We dont we know very little very little about christopher ray. But we know even less about how the administration came to nominate him. Why they nominated him. And how they expect this nomination to function in light of the fact that outgoing fbi director was just fired not for cause. So its a very unusual i think this is a very tenus time for the fbi as an institution and a very political hot time of what will ha ....
I dont even really know what to anticipate. Im fascinated to see what position he will take on recusal. He could just do that. He could just say i will recuse myself from everything involving the trump investigation. Leave that to the deputy and to the people already doing it. Special prosecutor. Yeah. We dont we know very little very little about christopher ray. But we know even less about how the administration came to nominate him. Why they nominated him. And how they expect this nomination to function in light of the fact that outgoing fbi director was just fired not for cause. So its a very unusual i think this is a very tenus time for the fbi as an institution and a very political hot time of what will happen between democrats and republicans tomorrow. I will set my alarm for 8 59 tomorrow. Me too. Thanks. Thanks, rachel. This is a much much bigger problem for Jared Kushner. Five years bigger. In retrospect, i probably would ....
Thats not true. It is good for civilization. Thats not true. He said it is an amazing outcome. Talking about what the Vice President went over and did. He called it a cease fire. The turks called it a pause. And there was more fighting. Bombing. Just this morning. Here is what i need to know. Maybe have you the answer. Why did he do it at the time that he did it and in the way that he did it . I get wanting troops out. I get the argument. After the call. After he met with putin. Why did the president do it this way with all of the resistance that went along with it. That is what we need to know. If i could answer the question i would not be sitting here. I would be on an island somewhere like jeff bezos. I would be able to predict everything. I do have a notion and an idea if you want to know the truth start with nancy pelosi saying all roads lead back to where or who. Russia. It could also be a function of russia knowing how to c ....